Before much longer, even these meatheads are going to figure out that elections have consequences!
Meatheads NEVER think logically, that is why they are meatheads!
Don’t wait for the Kenyan’s subjects to see the light, they are lost to communism...they are no longer Americans.
Subtract dollar deflation from the Dow
and the real numbers around high 8870.
Collectivism, made up of the emotionally immature, cannot accept responsibility.
It can only blame someone or something else.
The only thing that was keeping the market going was the perception that Romney might win. With that gone, the run is beginning.
Yep. I read on another site a few days ago that some liberal group in Texas is trying to get a law passed. They want the police to go into any ones home without permission and confiscate all their food in case of a crises. They say all confiscated food should be equally shared with others in the area.
They're not even prepping for themselves. They're once again waiting for everyone else to spend all their money and do all the work. They STILL want someone else to steal for them !!
Even after all the damage they've done to this country, they still don't get it. They still think everyone else will be there to wait on them and take care of them if the economy collapses.
The markets will realize that it cannot survive under communism. We are there and not likely to reverse for many years. The future will see feeble attempts to shore it up.
What they’ll “figure out” is that
“the nasty, greedy, vindictive conservative business owners caused this to happen”.
I really am beyond caring whom they blame, as long as they experience the consequences of their ideology.
Conservatives have always understood that bad things would result from Obama’s re-election. We can start to see that Romney would have only delayed the inevitable. The media and the financial markets in this country are completely corrupt. There is no way we can continue function like that
It is all part of Gods plan. The fact that the Democrats seem to own this Goebbel’s like media machine in the US, is a huge problem. The Goldman Sachs-Federal Reserve nepotism and cronyism is too much. Without truth we have nothing. We are living in a strange Orwellian nation, from that standpoint we are no better than China. If it weren’t for our faith we would be completely lost. Prayers Friends, and be glad He is in charge.
All those things have been known and factored in. I thought the market and betting odds assumed obama would win. What this tells me is many of these investors may have bet that obama would win but held out hope romney would win. Now that it is settled they are cashing in their chits
“...the negative consequence (higher inflation) is about to hit lift off.”
About to? Gas was $1.86 a gallon when Hussein Obama took office. Now its $3.17 a gallon where I live. That’s a 70% increase.
Last year a baked chicken was $4.99 at my local Walmart. Now it is $5.99. That’s a 20% increase in a year.
With the printing presses running non-stop, this will only get worse. Currency debasement is a cancer that will eventually cause the death of the economy.
So the left demonizes the rich as evil and somehow they believe that those evil people will just sit back and eat the increased taxes, increased business regulations, etc.. no they will never pass those costs on to consumers right?
That is the idiocy that defines the American left, but Obama has no more road left to kick the can down.
Never, NEVER, go full Democrat!
Perhaps, but they'll still blame Bush.
They will not. Obama people are lifers.
It will be blamed on George W. Bush.
Don’t count on it.
“I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom.
And to preserve their independence, we must not let our rulers load us with perpetual debt.
We must make our election between economy and liberty, or profusion and servitude.
If we run into such debt, as that we must be t...axed in our meat and in our drink, in our necessaries and our comforts,
in our labors and our amusements, for our calling and our creeds as the people of England are, our people, like them,
must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts
and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes;
have no time to think, no means of calling our miss-managers to account but be glad to obtain subsistence by hiring ourselves
to rivet their chains on the necks of our fellow-sufferers Our land-holders, too, like theirs, retaining indeed the title
and stewardship of estates called theirs but held really in trust for the treasury, must wander, like theirs, in foreign countries,
and be contented with penury, obscurity, exile, and the glory of the nation. This example reads to us the salutary lesson,
that private fortunes are destroyed by public as well as by private extravagances.
Thomas Jefferson, letter to Sam Kercheval about reform of the Virginia Constitution, July 12, 1816; Bergh 15:39-40