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| User Info | Ok Mr. Obama, Time To Choose! in forum [Ticker] | |||
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Genesis Posts: 66462 Incept: 2007-06-26 
Royal Flush! 
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http://market-ticker.org/archives/657-Ok....
---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-11-13 08:43:38
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Scb175 Posts: 25 Incept: 2008-11-01
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Why don't they just make you president?
2008-11-13 08:44:56
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Genesis Posts: 66462 Incept: 2007-06-26
Royal Flush!
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I'm unelectable; I won't bull**** people. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-11-13 08:47:27
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Nomullet Posts: 3076 Incept: 2007-11-11 
Duke City Online
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Secretary of the Treasury would do.
---------- It's not economics, it's theater. 2008-11-13 09:17:53
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Makoshark Posts: 142 Incept: 2007-11-28 
S. Carolina
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FBI Director would be an apt position as well.
---------- Putting out fire with gasoline 2008-11-13 09:19:41
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Tsberts Posts: 1746 Incept: 2008-02-05
Minnesota
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Gen, I know you strive for memorable closing lines, but this one takes the cake:Quote:Are you going to attempt to polish it or flush it? Hats off to you, sir! ---------- Photoguy was an optimist. In Soviet Russia, the banks are run by the politicians. 2008-11-13 09:20:36
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Phirang Posts: 8083 Incept: 2008-10-25
Fields of Cannae Online
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To get elected, you have to consort with people like Rahm Emmanuel, a psychotic ballet dancer. Btw, I got banned on ...... because I wasn't pro-Obama enough for Janzen. ---------- In the space of a weekend, I nearly lost everything and got it all back. - Clayton Riddell 2008-11-13 09:21:07
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S7rep Posts: 1172 Incept: 2007-08-29
Southwest, FL
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Faxed to all Obama contact numbers listed below: Washington D.C. Office 713 Hart Senate Office Building Washington, D.C. 20510 (202) 224-2854 (202) 228-4260 fax (202 228-1404 TDD Email our office Chicago Office John C. Kluczynski Federal Office Building 230 South Dearborn St. Suite 3900 (39th floor) Chicago, Illinois 60604 (312) 886-3506 (312) 886-3514 fax Toll free: (866) 445-2520 (for IL residents only) Springfield Office 607 East Adams Street Springfield, Illinois 62701 (217) 492-5089 (217) 492-5099 fax Marion Office 701 North Court Street Marion, Illinois 62959 (618) 997-2402 (618) 997-2850 fax Moline Office 1911 52nd Avenue Moline, Illinois 61265 (309)736-1217 (309)736-1233 fax 2008-11-13 09:26:45
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Eb Posts: 370 Incept: 2008-11-11
Virginia Suspended
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A few points Gen: 1) How can we get away from running up huge amounts of debt, when our tax system favors the accumulation of debt over equity? 2) China, I think, will fare better than the United States because of the huge reserves that they have to play with. They can spend on consumption and infrastructure, etc. without any inflationary effects, because they actually have money. I think that at the end of this shake out we may have China rise from the ashes as a very major player on the world stage. Last modified:
2008-11-13 09:28:47 by eb
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Genesis Posts: 66462 Incept: 2007-06-26
Royal Flush!
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1. You can only run up debt that can be financed by actual future production growth. Beyond that it always winds up creating a bubble. Limiting leverage limits the damage from such bubbles. You must insure that the leverage limits exist, are reasonable (e.g. 12:1) and are ENFORCED with no loopholes to avoid systemic damage. 2. China will get creamed; they are a nation of peasants, in the main. I wish them luck - they're going to need it. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-11-13 09:30:05
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Phirang Posts: 8083 Incept: 2008-10-25
Fields of Cannae Online
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Gen, China is so weird: the older generation(uneducated) is so ignorant they literally don't know how to use a microwave. I **** you not. China could turn out ok, but it depends how effective their next 5-year plan is. ---------- In the space of a weekend, I nearly lost everything and got it all back. - Clayton Riddell 2008-11-13 09:32:24
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Jerm Posts: 58 Incept: 2008-10-10
Massachusetts
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Thanks for another great ticker!
---------- It's a good thing bagpipes don't smell -- Wilde 2008-11-13 09:33:23
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Themortgagedude Posts: 3343 Incept: 2007-12-17
saint louis
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Couple of things. Steph has a job? Does she ever sleep? And Gen for the FBI? You kidding me. CIA baby, Gen ain't answering to anybody. Just order a couple of assassins out to do what the current administration won't. I think Obs and Mtgspy would fit the bill. And for WHITE HOUSE PRESS SECRETARY who could we get except for HEDGIE. ALL PRESS ANNOUNCEMENTS AND PRESS CONFERENCES ARE DONE BY SHOUTING AT THEM. PRESS RELEASES ARE ALL CAPS! ---------- Since September it's just gotten colder and colder. There's less daylight now, I've noticed too. This can only mean one thing - the sun is going out. In a few more months the Earth will be a dark and lifeless ball of ice. 2008-11-13 09:35:22
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Stonedog Posts: 1068 Incept: 2008-05-29
New Jersey
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Gen, Was wondering if you've had a chance to read the following: http://www.chinastakes.com/story.aspx?id.... Quote:But if the US must ask China to buy some portion of its national debt, what kind of conditions and principles should China we raise?@@ The author is some Chinese professor. Any thoughts? ---------- "F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this 2008-11-13 09:35:33
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Eb Posts: 370 Incept: 2008-11-11
Virginia Suspended
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1) I think what I was getting at is that the tax code should be amended to ameliorate some of the favor given to accumulating debt. This might help the situation. 2) Perhaps, but those peasants are the people financing our debt, and they very clearly, as a nation, have a great deal of money to throw around. They have huge surpluses and reserves, I don't see how they fare worse than us (huge deficits debt, insolvency). 2008-11-13 09:36:03
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Genesis Posts: 66462 Incept: 2007-06-26
Royal Flush!
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EB: Any nation that has built its economy on the premise of unsustainable consumption by SOME OTHER NATION'S CONSUMERS is going to be wrecked. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-11-13 09:38:23
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Alsace Posts: 778 Incept: 2008-10-27
Bear says: Come Get Some!
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Gen, Another great ticker. I'm pretty sure I speak for many here when I say that when I read your tickers in the morning it's like a breath of fresh air. Pure TRUTH on an LCD. However, I have little hope left of Obama conforming to your list. For politicians this is like Russian Roulette when they can see that the bullet is in the next chamber. They just won't pull the trigger. I know they should and I know you'll say they have to (or ELSE) but I just don't think they can. Never underestimate the human capacity for self deception. ---------- Via ova capitum dura est. 2008-11-13 09:45:12
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Dessa Posts: 24 Incept: 2008-10-12
Brentwood, Tennessee
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Remember the days when banks were limited on how much interest they could charge on credit cards and loans? Now there are some cards that charge 39% interest, then late fees, then over the limit fees. That's how a lot of people have run up so much debt. I'd like to go back to limiting the banks on how much they could charge customers.
2008-11-13 09:48:47
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Gmf56 Posts: 123 Incept: 2008-10-30 coastal mississippi
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"You will send up a bill that enacts a full repeal Gramm-Leach-Bliley." What are the chances that he will do that considering he asked Leach to represent him with Albright at the G20? Can anyone think of how this was a smart move on Obama's part? Shouldn't Leach be one of the ones being called out? 2008-11-13 09:53:04
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Lionzzzz Posts: 962 Incept: 2007-06-27
Columbus OH
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Another excellent Ticker, sir. You are a really good writer. Thanks for all you do. A true patriot. Why can't you, Mish, CR, Charles Hugh Smith, Reggie Middleton, and others be the adults allowed in the room? Seriously. Why does it have to be the more things change, the more they stay the same? Does the citizenry have to revolt? 2008-11-13 10:00:09
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Genesis Posts: 66462 Incept: 2007-06-26
Royal Flush!
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Maybe. ---------- I used to play flute; I wonder if I can play a fife? I incite prosecutors to create "Bubba Sausage Parking Lot" projects Darrell Issa has a middle finger and knows how to use it - Me 2008-11-13 10:00:34
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Dashingdwl Posts: 4038 Incept: 2007-06-26
los angeles
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You guys are fooling yourselves if you think Obama will do the right thing. No freaking way.
---------- Think Green Tip. 2008-11-13 10:06:51
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Maddog Posts: 160 Incept: 2008-04-13
Alabama
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Karl I love your ticks but you must believe in Santa,Tooth Fairy and Obama. I do not think the course that has been set will change.
---------- USA HELP I'VE FALLEN & CAN"T GET UP!!!!!! 2008-11-13 10:17:06
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Downrange Posts: 4656 Incept: 2007-09-26
... best clear on out the back
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I'm willing to extend the benefit of doubt to Mr. Obama, but must say his early appointees/advisors don't give me much hope for anything good here. They are truly the worst of the worst - e.g., Biden, Rahm E., Maddy A., etc. Probably deluding myself to even hope for improvement - realistically, we have jumped from the frying pan into the fire with this erection. ---------- "Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works" John Mills 2008-11-13 10:17:40
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Bluestem Posts: 32 Incept: 2008-09-07 Illinois
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Very good piece by Kevin Depew. Funding bailouts could literally kill us: "But you and I already know how this story ends. The right thing will not be done. There will be more bailouts. And then more bailouts. Meanwhile, even as we continue writing checks to failed businesses, once-healthy businesses are facing doom, victimized by zombie companies absorbing dollars that, if freely spent, would be rightly theirs. USA Today this morning ran a piece on Crestor, an expensive drug that when given to those with normal cholesterol resulted in 54% fewer heart attacks and 48% fewer strokes. Unfortunately, using Crestor in healthy people to save lives would add $10 billion to the nation's healthcare bill." http://www.minyanville.com/articles/AXP-.... 2008-11-13 10:18:12
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