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Kracka
11-12-2012, 03:47 PM
We're fucked, but the economy needs to be spurred in order to avoid things getting much worse. A tanking stock market is definitely what we did not need, but I (and many others) predicted it would happen if Obama won. There were a lot of people betting big that Romney would win it and the market would jump up, unfortunately, the opposite happened. Corn, after holding steady for a bit, fell, which can be good and bad depending on how you look at it. Oil has been volatile, but overall held steady (this surprised me a bit, but lack of demand does account for this). Businesses need to feel confident enough to start releasing cash stocks for investment, hiring, growth, etc. This will not happen with potential tax increases on the horizon though so in the meantime cash reserves will be held tight. Obama claims he is a champion of small business, now it's time for him to live up to his words and convince the free market that he actually is.

polishmafia
11-12-2012, 03:49 PM
As most of you know, I am not a fan of Obama, but I have to post up.

There are alot of comments about Obama's attitude and idealogy... Far fetched arguments in my opinion.

Without any links to any actual information, you guys are just as guilty as when the other side runs off with their asinine comments and thoughts.

Kracka
11-12-2012, 03:51 PM
Without any links to any actual information
There's more to life and truth than links on the internet; people are allowed their personal opinions and theories.

polishmafia
11-12-2012, 03:54 PM
There's more to life and truth than links on the internet; people are allowed their personal opinions and theories.

I completely agree with you, one hundred percent.

So next time someone on the other side of the view that you have posts something without actual information behind it, please remember your comment above.

A//// Guy
11-12-2012, 03:59 PM
Lol seriously, Pete is right on. We post real info, and you guys just post some far fetched opinions..

Regardless of who would have won the election, this fiscal cliff would still be here, and thats why the stock market fell.

Kracka
11-12-2012, 04:01 PM
So next time someone on the other side of the view that you have posts something without actual information behind it, please remember your comment above.
I think we all listened to plenty leading up to the elections.

Kracka
11-12-2012, 04:03 PM
Regardless of who would have won the election, this fiscal cliff would still be here, and thats why the stock market fell.
We all have our opinions, but the stock market did not fall the day after the election (it actually began during overnight trading hours) because of the fiscal cliff. Will is cause a decline in the market? Yes. Did it cause the immediate drop following the election results? No.

Kracka
11-12-2012, 04:08 PM
Lol seriously, Pete is right on. We post real info, and you guys just post some far fetched opinions..
Real info? The fact is it's all one person's opinion or another. Said reporter can have one opinion just the same as some random guy can. Does typing it on the internet make it any more factual? What people view as truth are articles that they personally agree with. It's human nature, we align ourselves with like-minded individuals. That's why one news outlet can be gospel to one person but skewed lies to another. I think we're all smart enough here to understand that the media isn't always accurate and is almost always skewed for one purpose or another. This can be especially dangerous when a reporter is writing on a topic they only have a brief understanding of (New York Times is notorious for this, even the Wall Street Journal now and again). We've all seen how the talking heads can take a topic and skew it to oblivion.

A//// Guy
11-12-2012, 04:19 PM
Everything has a skew and bias, but actual numbers state facts. Unless those numbers are somehow manipulated. Economics doesnt vary on opinion, it is what it is.

Anyway, I guess well just keep arguing in this thread about stuff not even having to do with how to fix issues associated with the fiscal cliff.

1ViciousGSX
11-12-2012, 06:46 PM
Look at it like this:

Think of our Constitutionally Regulated Government as a big guard dog (bare with me on this, lol). Let's say that dog is guarding a lot of money and people. And that guard dog has to keep getting bigger and bigger to be able to do what it does because it's area of responsibility keeps getting larger (although that was not supposed to be that way). Now let's say you're on the outside of the fence wanting to get in and rob the place and take advantage of those people that guard dog is protecting. As part of your plan you've been able to get your crooked friends working on the inside and all that stands in the way is that Constitutional Government guard dog. But the dog can't be killed because it packs a killer bite (our military, our armed population and our constitution). So how do you kill the dog off? You keep making it grow bigger while having it carry the people it's supposed to be protecting (who are also supposed to be its providers), at the same time cutting off its food supply (revenue from income taxes). Eventually the dog gets weakened from its food supply getting out of balance with its needs. Keep pushing it harder, and harder until it dies. And once we go over that fiscal cliff all bets are off, we will move into Marshall Law with the annointed one in charge. And as our military get more weakened along the way, who's gonna protect you. And there lies what might just be the end game.

So the simple answer is "jobs", because that's where federal income taxes come from. More people paying into the system while at the same time more people come off government expenditures. And oddly enough, we didn't elect the best man for creating them. So we are starving the over grown government of the revenue it needs to survive.

I'll post some links when I get home from work. And I'm sure there will be people in this thread who will burry their heads back in the sand. But you've got to stop looking at the little pieces and start looking at the big picture. You don't have to be a genius to figure out that something is wrong with what's going on.

Funny how the dems kept using the "pushing grandma over the cliff" slogan, because now it looks like all of us are going over the cliff with her.