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As Obama moves ahead in the polls, the market tanks

Started by jake
about 17 years ago
Posts: 277
Member since: Jan 2007
Discussion about
It is no coincidence that as Obama has moved ahead in the polls the stock market has tanked. The markets understand that a win for Obama will mean large tax increases on personal income and large increases in taxes on productive capital. Obama's proposal to double the capital gains tax is devasting to the very investors who provide the capital necessary to grow our economy and add jobs. This tax... [more]
Response by mimi
about 17 years ago
Posts: 1134
Member since: Sep 2008

And the title of this thread is a living proof to the spin abilities of the right wing. "As Obama moves ahead in the polls, the market tank". It implies that Obama is tanking the market! Or maybe that fear that he is going to win is sending the people to the banks!!!! The logical reading is: it's the economy, stupid. People fears more of the same economic ideas and flee to Obama's camp. Not the other way around.
Republicans have their brain is wired to spin. To make Nancy Pelosi the culprit, to link Obama to a market tank. Gimme a break!!!!

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Response by kylewest
about 17 years ago
Posts: 4455
Member since: Aug 2007

In the Classic Presidential Election Primer, it is pretty standard fare to go hard core negative if behind in the polls and election day is approaching. If McCain is really a "maverick" and ready to do things differently, running the same old plays of pols of the past is sort of an illogical way to go. Rather than reacting the same old way, why not come out hard for his policies and what his presidency would look like instead of just cutting the other guy down?

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Response by urnfna
about 17 years ago
Posts: 174
Member since: Jul 2008

mimi:
And the title of this thread is a living proof to the spin abilities of the right wing.

Maybe mimi, but during the Cold War, in an Olympic hockey match between the USSR and the USA, USA won and the headlines in the Soviet Union read, "Soviet Union in second place; U.S.A. second to last"

It goes all ways. Best to be educated and use multiple sources.

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Response by mimi
about 17 years ago
Posts: 1134
Member since: Sep 2008

True, you have idiots in all ranges of the ideological rainbow...

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Response by totallyanonymous
about 17 years ago
Posts: 661
Member since: Jul 2007

"To make Nancy Pelosi the culprit, to link Obama to a market tank. Gimme a break!!!!"

of course, Pelosi, as Speaker of the lower house of the US has nothing to do with the Democratic platform, much like Bush, as President has little to do with McCain, eh?

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Response by totallyanonymous
about 17 years ago
Posts: 661
Member since: Jul 2007

"In the Classic Presidential Election Primer, it is pretty standard fare to go hard core negative if behind in the polls and election day is approaching."

Thats a wonderful MSNBC-induced talking point, but the reality is, all campaigns are negative. Thats the point of them, to tell us the voter how the other guy is much worse than you the cadnidate are.

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Response by jake
about 17 years ago
Posts: 277
Member since: Jan 2007

With Obama increasing his lead in the polls, markets not only in the US but around the world are cratering. Investors are fully aware that Obama's plan is to raise taxes on successful and hard working Americans in order to give money to those who are less so. The increasing probability of an Obama win which would raise taxes on productive Americans and productive capital at exactly the wrong time has increased the probability of a deep and prolonged recession in the US and globally. The possibility of a Japan style deflation with 15 years and counting of anemic economic growth is very real with an Obama presidency.

If you live in New York City or work here you must understand that you are looking at Nancy Pelosi and Barney Frank deciding how much you get paid (a "moratorium on bonuses") with Barack Obama then deciding how much of that pay you get to keep (not much).

And no this will not be good for New York City real estate.

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Response by brainwashedconsumer
about 17 years ago
Posts: 76
Member since: Apr 2008

totallyanonymous - your views are quite entertaining ( I am a Brit ). Thats the beauty of the west, freedom to express ones views. :)

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Oprah Winfrey: President Barack Obama is disrespected because he’s black
The media mogul spoke to the BBC about the racism of the past that still exists today and how no one is above it. ‘There’s a level of disrespect for the office that occurs ... because he’s African American,’ she said of Obama.
By Zayda Rivera / NEW YORK DAILY NEWS
Friday, November 15, 2013, 12:07 PM

Oprah Winfrey has never been one to hold her tongue.

That remained true when she sat down with BBC's Will Gompertz and detailed how no one is above the racism that still exists in this world today … not even the President of the United States, Barack Obama.

"There's a level of disrespect for the office that occurs in some cases and maybe even many cases because he's African American," she said. "There's no question about that. And it's the kind of thing no one ever says, but everybody's thinking it."

Read more: http://www.nydailynews.com/entertainment/gossip/oprah-winfrey-president-obama-disrespected-black-article-1.1518299#ixzz2kluVn94y

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Response by w67thstreet
about 12 years ago
Posts: 9003
Member since: Dec 2008

Yes field hamster? What does posting that article do? Speak up troll. R u in agreement with Oprah? R u just a dumb cold stoopid housewife troll with way too much time on her hand and not enough dick. Pick a side or just being on team RE enuf? I should just figure it all out by your links and postings.

Oh whoz being trolled now you retard?

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

>Oh whoz being trolled now you retard?

You've got your own form of trolling w67 & I don't try to imitate yours. You want to try to imitate mine? - fine, but so far it's far from the same.

Hey, how come you need inoitall, to help you with your financial decisions? I realize your dad who got you started is gone, but your brother - what happened there? Was he one of the "thousands that touched your wife?" Ooops!
Or something else, what is it with you and your family? Did you disgrace them? Not acceptable back in the home country?

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Response by w67thstreet
about 12 years ago
Posts: 9003
Member since: Dec 2008

Like arguing over whats' worse.

Dying of HUNGER?
Dying of Poison GAS?

Comezzzzz on... keep it real. keep it moist.. Don't get emotional on me you fking POS housewife w/ too much time on your handszzzzz.

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