| StockFetcher Forums · General Discussion · POLITICS GOES HERE | << 1 ... 1 2 3 4 5 ... 76 >>Post Follow-up |
| johnnyvento 51 posts msg #65478 - Ignore johnnyvento |
7/26/2008 11:45:29 PM TRO we can forget the politics if we can just stick to stock analysis. At least you are able to write filters, all I get on this board is douche bags like WSG coming in and insulting me without offering anything of any substance... who knew that just posting a question on these boards would subject you to insults from other members. |
| TheRumpledOne 6,529 posts msg #65482 - Ignore TheRumpledOne |
7/27/2008 1:19:36 AM That's just the nature of SOME PEOPLE. Whether on the net or offline, you'll run into one of them sooner or later. Best to ignore them. |
| TheRumpledOne 6,529 posts msg #68311 - Ignore TheRumpledOne |
10/11/2008 2:33:20 PM The Great Bailout Stall, Part V By Robert Ringer Back in the late seventies and early eighties, they called people like me doom-and-gloom prophets. So, how does it feel for me to see my predications coming true? Lousy. As I've always told my children, "I don't want to have to say 'I told you so.' I want to help you." Never once did I joyfully picture telling the world "I told you so." I was focused only on sounding the alarm to help save the American Empire from total destruction. With the exception of the late Tom Snyder (and a handful of others whose names now escape me), most of the mainstream media either ignored my warnings (first choice) or waved me aside (second choice). And for a while, the majority of people may have believed the media were right. Those of us who tried to explain why the welfare state must ultimately collapse under its own weight (both moral and mathematical) did, indeed, look like "doomsayers" as Ronald Reagan came to power and waxed poetically about "a shining city on a hill." Sorry, folks, but it was all window dressing. Though I personally liked Reagan, and still believe that he meant well (meaning that he favored a free society over Marxism), the record clearly shows that, overall, many of his "social policies" continued to move America to the left. This is especially true of his last couple of years in office, when Alzheimer's was starting to set in and, perhaps, his advisors were making more and more of the major (anti-liberty) decisions. Now, fast-forward to George W. Bush, supposedly the most conservative president since Reagan. Bush is that fellow you see a lot on television lately, assuring us that the "rescue plan" will "help make our economy strong once again." He's the same shameless guy who not that many months ago was hyping another "economic stimulus plan" - printing up more money and sending taxpayers $300-$1,200 checks. And stimulate it did. By my calculations, it took most recipients of this "free money" about three days, four hours, and seventeen minutes to rush out to Best Buy and Circuit City to gobble up a few more electronic toys. Idiotic and suicidal, to be sure, but when someone needs a shot of morphine to kill the pain, it would be cruel not to give it to him, right? Okay, let's get real here. Now that everyone with an IQ over 23 knows that the bailout ... er, rescue plan ... is an outrageous scam, what's next? Answer: More of the same. Again, there can be only two endings to this modern American version of a Greek tragedy: An instant, painful deflationary depression - far worse, in many ways, than the Great Depression of the thirties, or ... A runaway inflation that would virtually assure the rise of a dictatorship to "restore order" to a society overrun by anarchy. As Voice of Sanity readers know, I've talked at length about putting an end to all government programs that are not related to the protection of people's lives and property. No government bank or corporate bailouts, no unemployment benefits, no welfare of any kind ... and, above all, a fifty-year phase-out of the Social Security and Medicare pyramid schemes. What drives people to vote for politicians who arrogantly and/or ignorantly pass legislation that makes those voters much worse off in the long run? By now, I think you know the answer: GAVEC (guiltism, angerism, villainism, envyism, covetism). I am a person who believes in examining premises when it comes to arriving at solutions. And one of the most important underlying premises in this case is best expressed by the populist phrase "the growing gap between the rich and the poor." I have never heard anyone - not politicians, not media pundits, not their guests - challenge the underlying premise of this highly emotive phrase. Not once. So, masochist that I am, I've decided to be the one to step up to the plate: When politicians and the media use the phrase "the growing gap between the rich and the poor," the underlying premise is that there is something inherently wrong or immoral about such a gap. I hereby unequivocally challenge that premise. Let us, for the moment, ignore the question of who has the wisdom and moral authority to decide who is rich and who is poor. To make things easy, I will go along with pretending as though we all agree on the definitions of both rich and poor. To further simplify things, let's boil it down to just two people. If one person had the skills, the intelligence, the knowledge, the work ethic, etc., to become far richer than another person, why in the world would he not continue to pull ahead of the person who lacks his skills, intelligence, knowledge, work ethic, etc.? Of course the disparity between the two is going to grow! There's nothing "wrong" with that. It's simply a reality. But, guess what? The "rich" person's success does not in any way prevent the "poor" person from improving his lot in life if he should make up his mind to do so. This is where the great euphemism for Marxism - pieism - enters the picture. When a Mad Mama McBama blathers about people giving up some of their pie so she and her Marxist cronies can give it to others of their choice, her words are based on the premise that the size of the pie is fixed. That premise has been so embarrassingly shattered by historic reality that I shall not even waste time on it here. Today, the so-called poor are living better than their parents and grandparents could have ever imagined just forty or fifty years ago. And that's a good thing. I like the idea of everyone being better off, don't you? And if everyone would just concentrate on his or her own well-being and ignore "the gap between rich and poor," we'd all be much happier and politicians would be stripped of their most precious vote-getting ploy. I could care less about the wealth of a Bill Gates or a Warren Buffet. All this may seem like a diversion from the recent government bailouts (and those to follow), but it is, in fact, the underlying reason why we got to where we are today. The class warfare game is the main reason why virtually all members of the Demopublican Party - including the current president and both presidential candidates - are able to get away with outrageous actions such as bailing out Freddie Mac and Fannie Mae, major corporations, and homeowners who shouldn't have been given mortgage loans in the first place. While America is crashing to the ground, they simply point their fingers in the direction of those "greedy" guys on Wall Street, "greedy" speculators, and "greedy" CEOs who made off with millions in golden parachutes. I can just hear Dodd, Frank, Reid, Schumer, & Company saying, behind closed doors, "It's the gap, stupid. Remember, it's the gap." The Fuhrer himself would have been downright proud of these guys and their incredible chutzpah, for it is he who said, "What good fortune for government that the people do not think." In Part VI of this article, we'll zero in on those greedy guys mentioned above and try to decide whether the time has come to bring out the tar and feathers or to simply shackle them with more government regulation - as both B. and J. McBama have suggested. If today's installment offended you, I can almost guarantee that you're going to hate Part VI. |
| TheRumpledOne 6,529 posts msg #68378 - Ignore TheRumpledOne |
10/13/2008 2:31:12 PM The Great Bailout Stall, Part VI By Robert Ringer Is there anything that can be done about all those "greedy" Wall Street guys, speculators, and CEOs who make off with millions in golden parachutes? After all, everyone from Chris Dodd to John McBama ... from Bill O'Reilly to "conservative" icon Ben Stein ... says they are among the major culprits responsible for the collapse of the markets. In fact, those bad guys created such an economic crisis for the Demopublicans that the government "had no choice" but to put you and me on the hook for another $700 billion (for starters). They tell us they absolutely hated having to do it, but it was necessary to help "Main Street" - i.e., stiffs like you and me. I can't remember when I last felt so loved. So, is ramping up government controls over the market by increasing regulations the way to prevent a further collapse? I'm sure you already know my answer: No! In fact, I think what the market needs is less regulation. (You can't imagine how lonely it is being a minority of one.) Many years ago, the lure of Wall Street got to me. Though my experience in the markets was short-lived, I learned a little about how the game is played - and a whole lot about life and human nature. But you don't want to learn too much through experience when it comes to the stock market. You can end up with a tin cup in your hand. The first thing that struck me after I set foot inside the Wall Street Jungle was that government regulation of the markets, like all government regulation, results in unintended consequences - consequences that hurt, rather than help, small investors. I don't have room here to go into a long list, but the best example I can think of is the ridiculous warnings that saturate the prospectuses of every brokerage firm. The boilerplate warnings on those prospectuses all but guarantee the would-be investor that he will lose money if he buys the stock that's being hyped within their covers. And because the warnings are so obviously over the top, no one takes them seriously. Which, in turn, gives investors a false sense of security. What government needs to do is stop trying to play nanny to investors. People have the right to enjoy the fruits of their good (or lucky) decisions and to suffer the consequences of their bad ones - and that includes their investment decisions. "But what about brokerage firms that put out fraudulent information about companies?" Good news: We already have laws on the books to punish such criminal behavior. Fraud is illegal whether you're selling stocks, refrigerators, automobiles, or underwear. Any "regulations" beyond that would be superfluous. If investors knew they were on their own, they would be far more careful than they are now. And if brokerage houses were found guilty of committing fraud or theft, word would get around and, as in any other kind of business, they would end up with no customers. Plus, of course, the individuals responsible for perpetrating the fraud or theft would end up in jail. But what about those multimillion-dollar golden parachutes? Michael Ovitz received $140 million in severance pay after being fired as president of Disney. Doesn't the government need to put a ceiling on what fat cats like him can make off with? No! The compensation that corporate officers receive is between the shareholders and them - and thus none of the government's business. You don't give scoundrels like Barney Frank, Charles Schumer, Harry Reid, et al. the power to intervene in agreements between consenting adults. On the contrary, it is they who should be thoroughly investigated, and, if the evidence warrants it (think Freddie Mac and Fannie Mae), indicted. Sorry, but more laws and more regulation is not the answer to America's financial ills. The answer is to free the marketplace - less regulation, fewer laws, more individual responsibility - and for government to get out of the money-creation and borrowing businesses. Oh, and while we're at it, how about removing all capital-gains taxes and all taxes on entrepreneurs and small-businesspeople? Then, after a brief deflationary depression of a year or so, politicians could sit back and watch both job creation and wealth creation explode. Sorry, George, but that is what would "get the economy moving again." Perhaps we should have a policy in this country similar to one that legend tells us existed in ancient Greece. Anyone who proposed a new law had to do so from a platform in the public market - with a rope around his neck. If the law was adopted by the people, they removed the rope. If it was rejected, they removed the platform. If that were the case, we, the people, would have already executed everyone in the Demopublican Party who had voted for the "rescue plan" (i.e., rescue scam). Talk about a blissful thought ... ================================================================================= "Perhaps we should have a policy in this country similar to one that legend tells us existed in ancient Greece. Anyone who proposed a new law had to do so from a platform in the public market - with a rope around his neck. If the law was adopted by the people, they removed the rope. If it was rejected, they removed the platform." WHAT A GREAT IDEA!!! |
| heypa 283 posts msg #68415 - Ignore heypa |
10/14/2008 1:21:21 PM Human nature being what it is I still think unfettered capitalism is every bit as bad as unfettered government. I think we would all be better off if we hung every politician who proposed an unconstitutional law and every judge that didn't adhere to it when making decisions. That includes the Supreme Court that had four judges recently decide that the Washington D.C. law banning gun ownership was constitutional or that loosened up the Eminent Domain laws. Lets reduce the size of the Federal Govt, Require that judges only judge law interpretation and not make laws, and that the Congress get back to their primary function of implementing and spending IAW the Constitution.Keep the Feds out of states rights. There is an ammendment process in the Constitution for that. . |
| TheRumpledOne 6,529 posts msg #77910 - Ignore TheRumpledOne modified |
8/24/2009 7:50:18 PM THIS IS SCARY: |
| Eman93 4,750 posts msg #77915 - Ignore Eman93 |
8/24/2009 11:30:59 PM Thats the intent........Fear and Hate mongers.... I wont get worried until the come for the fire arms... Its optionable any way, I would think a decent fire wall protection would keep snoopers out..this is prob a normal acceptance and disclose when doing bus with the Feds. |
| karennma 8,057 posts msg #77928 - Ignore karennma |
8/25/2009 9:02:25 AM What did Guilfoyle mean when she said, "Here you are trying to make a charitable contribution" .. ? Uh?? I don't get it. BTW ... WHO pays the TAXES on the $4500 "donation"? |
| alf44 2,025 posts msg #77980 - Ignore alf44 modified |
8/26/2009 1:15:36 AM rumpled...you must be the most gullable ignoramous on the face of the Earth !!! Sadly, I'm not surprised that you would try to pass off Glenn Beck propaganda...as some sort of actual journalism ! Where do you clowns come from ? ------ First of all, that BS disguised as "news" is prolly a month old and has been exposed for the Glenn Beck lie that it is ! If you had paid attention...you would know that the section of the CARS website that the moron was yappin' about is/was clearly designated FOR DEALERS ONLY ! Any dealers that had signed up for the "clunkers" program KNEW that in order to submit "legitimate clunker deals" to the government for reimbursement...they would have to allow the government the ability to access their inventory/data base etc... It was part of the deal...and the participating DEALERS were ready and willing to do it...in order to participate ! There is NOTHING scary or sinister about this...and you should be ashamed for posting this Glenn Beck garbage here ! imo I repeat...where do you clowns come from ? Regards, alf44 |
| jrbikes 624 posts msg #77981 - Ignore jrbikes modified |
8/26/2009 2:32:29 AM O.K. "where are the clowns, bring in the clowns" I live in the Dallas Ft Worth area, grew up here, Northside of Ft Worth, lived in Ellis county, 20 miles from Dallas, and let me tell you something, The illegal aliens come into town, use it up for all its worth, then leave, after they have pillaged the medical system, pillaged the neighborhoods, pillage the prisons (can you say tax dollars) they leave, along with the inumerable amount of money they have given to Mexico, the countless man hours that the police have used to stop the drunken hords from commiting crimes( can you say tax dollars), man, I live with this crap everyday, EVERY STINKING DAY! they cant drive, all they do is drink beer, liter the yards and streets, the children run wild in the stores, they wreck the stores, man you cant even go to Wal-Mart, CRAP! my best freind is a Mexican American, his parents came here from Mexico, but here is the difference, they came legally, and they work hard, and they are Honest, Honorable people, they care about their community, their children, they love their families, and they dont put up with any crap! They dont depend on social programs to cover their medical, they pay their own way, they cherish this country! they dont destroy it! Now I know there are immigrants who come here for a better life, that doesnt bother me, I am fortunate I was born here, I could of been born to a Russian family in the middle of the Uranium waiste feild, so all things considered, I am very fortunate, but I tired of people who dont live with this all the time, when your non immigrant child is sick and you take that child to Baylor on a Saturday afternoon, as I had to do, and you see people with out insurance being treated, and then you have to wait in line, when you have to pay for your insurance, and the only thing wrong is a cold, and your child is seriously hurt, then you can bitch to me and I will tell you to stick up your %@%! and let me tell you something else, A typical Emergency room visit cost $2000.00, got it? a trip to a local Minor Emergency Clinic that deals only in cash is $80.00, so you can have a minor issue and make your copay and the Hospital will bill the Ins. but you go for a minor issue to the local Minor Clinic and its only $80.00, so why is there a $1920.00 difference in the price of services rendered, can you say FRAUD, you think the government cares, nope, but they are going to reform health care, if you think that, you are an IDIOT! Hospitals were started by God fearing people, as the schools were, but just as usual, when the government takes over and kicks God out, look what happens, yeah, and we are going to save the planet, give me a break! Oh yeah, they can use a sattelite, and look at you and your wife swimming naked in your pool at night, they can turn your cell phone on and off, they can unlock your car while you are not there, and you like you onstar, you WILL be a servant, or they will freeze your trading account that you have traded up to $785.000.00 just starting with $500.00! and we are the CLOWNS? Its coming, sooner than you think! |
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