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| User Info | President Obama Speaks - And Lies (Again) in forum [Ticker] | |||
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Genesis Posts: 71432 Incept: 2007-06-26 
KD^2 
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http://market-ticker.org/archives/1432-P....
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-14 12:58:53
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1lumpsum Posts: 1732 Incept: 2008-02-01 
Nashville Online
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No worries, he said Chris Dodd and Barney frank will help shape the new regulations.
2009-09-14 13:04:49
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Bigdaddy63 Posts: 236 Incept: 2008-01-18
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"Five to one baby,one in five. No one hear gets out alive now." My God Karl, if you close your eyes and just listen to him speak, you could easily mistake this as being said in the USSR or some other dictatorship. The great Kommunity Organizer. I've said it before and will say it again, this man is intentionally trying to dismantle capitalism as we know it and replace it with a Marxist state run entity. How much more proof is needed? 36 CZARS
2009-09-14 13:15:11
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2banana Posts: 168 Incept: 2008-02-25
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Karl - I have mucho respect for you but will you rethink this ticker: ---------------------- The Market Ticker Monday, November 3. 2008 Now you are free to vote for John McCain if you wish, of course. I cannot. For the first time in my adult life, tomorrow I will cast a vote for a Democrat - Barack Obama - and I strongly urge others to do so as well.
2009-09-14 13:17:16
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1lumpsum Posts: 1732 Incept: 2008-02-01
Nashville Online
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Voting for Obama gave Karl "credibility". 1 more vote for McCain would not have made a differance. But now Karl can say, "I'm not biased, I vote for Obama".
2009-09-14 13:20:42
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Genesis Posts: 71432 Incept: 2007-06-26
KD^2
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2Banana: Nope. McCain suspended his campaign to intentionally **** every American in the ass, and worse, tried to use that action for political gain. IMHO he renounced his citizenship with that act; I could no longer vote for him than I could vote for Satan. ---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-14 13:22:59
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Glasshammer Posts: 124 Incept: 2009-09-02
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KD I am 24 years old and make an annual salary of $40k. Now I could right this minute go at and get a starter home with little to no effort. I doubt any down payment would be required and I am sure I could haggle an obscenly low payment plan. Now I won't do that but plenty of my friends did and they make the same salary. My plan was/is: Step one - Pay of my car (done, got it in 08 and its all mine now) Step two - Pay of student loans ($11k away from that) Step three - Save money for a down payment on a home (getting there, socked $7k away but I am trying, father taught me to get 15% or don't bother with the home) Step four - Buy only what I need with a little money for fun (I do try to save and limit my spending but you have to go out once in awhile) Okay, I am still pretty far from getting a home but I am trying to just get rid of my debt. Next year I plan on dumping most of my savings and killing my student loans once and for all. Plus turning 25 means less of a car insurance payment so that will get me a little extra money. Am I doing something wrong KD because it sure seems like my friends don't share my spending habits?
2009-09-14 13:25:08
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Asimov Posts: 26714 Incept: 2007-08-26
east tennessee
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Karl: Your google spreadsheet is still private. (I never did get it completely figured out when I tried once.) ---------- It's justifiably immoral to try to deal in a moral fashion with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-09-14 13:25:32
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Outerlimits Posts: 383 Incept: 2008-03-13
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I wonder how much the government has bought of public stock in the open market. We own banks but what else??????????
2009-09-14 13:25:35
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Throxxofvron Posts: 2672 Incept: 2009-02-17
The Land of Bilk & Money
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Obama is simply Incapable of Telling the Truth. The Truth Would Set Us Free & THAT Is the Last Thing Obama and His Collaborators in Crime could possibly want. ---------- DIONYSUS: " Thou hast no knowledge of the life thou art leading; thy very existence is now a mystery to thee. " -from 'The Bacchantes' By Euripides “During times of universal deceit, telling the truth becomes a revolutionary act.” -George Orwell
2009-09-14 13:25:44
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1lumpsum Posts: 1732 Incept: 2008-02-01
Nashville Online
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So why Obama Then? Why not Barr? or Paul? You voted for Obama because he was honest when he said he would **** you with a baseball bat, but would not vote for McCain when he lied and said he would not **** you with a Q-tip? If those are my choices, I'll take the Q-tip. Your a smart guy, did you not see Obama was a full blown Marxist? The information was out there.
2009-09-14 13:28:34
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Bezzle Posts: 3858 Incept: 2009-08-02
Moonbat Patrol Online
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The purpose of the FHA under Obama is to **** money into a hurricane as fast as it possibly can. It's not blundering; it's not incompetent - it's doing precisely what they want it to do (along with a hundred other crooked agencies): bankrupt what they think is the capitalist structure of America in order to replace it with raw socialism after a mass uprising following bankruptcy and the implosion of the welfare-state. Cloward-Piven Strategy. ---------- Why would you try to stop this? A bond-market dislocation puts an instant stop to all the bull****. It is the only limiting factor left in this interventionist madness. It is an almost holy event. -- Christian Gustafson Last modified:
2009-09-14 13:31:35 by bezzle
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Dmm219 Posts: 106 Incept: 2009-08-14
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"But whether they (or you) like it or not this has to happen and the longer we "resist" the inevitable decline all the way to sustainable pricing and closing the insolvent institutions you and The Fed are propping up through blatant accounting fictions the worse the outcome will be for America and our economy." Not to be a pain, but I have a question. Why? Why does this have to end? Why will it bad? What evidence is there that this can't be carried out on a time scale so long, that no one will really notice? (ie. frog in boiling water). My sense is they are doing a pretty good job at dismantling our economy in a very controlled, and slow fashion. It will fall so slow, no one will ever really do anything about it. That's the only option the bankers have, and it seems to me, they are pulling it off quite nicely. I don't see any evidence or reason this has to result in any kind of dramatic fashion. Asians have shown they have far greater tolerance for our debt then any predicted. The Fed knows this, and will continue to push them hard. It seems to be a game of chicken where the cars are moving at about 2 mile per hour... Last modified:
2009-09-14 13:33:04 by dmm219
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Genesis Posts: 71432 Incept: 2007-06-26
KD^2
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Asi, should work now.
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-14 13:32:44
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Fidgit Posts: 14065 Incept: 2008-02-18
AllyBammy
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At least with Obama, Americans are starting to wake up. Under McCain, we would have been lulled deeper into sleep. And yeah, I voted third-party, but c'mon...that's a wall you can keep banging your head against for the rest of your life should you so choose. ---------- I say it's spinach, and I say the hell with it.
2009-09-14 13:34:45
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Karlmarxghost Posts: 2641 Incept: 2009-01-26 
Stealing Your Property
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More credit, More loans, More debt..... heh.
---------- My views are my view and mine alone. Karl or ticker forum does not endorse or necessarily agree with my views. DO not trade on my views or take them personally.
2009-09-14 13:36:15
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Asimov Posts: 26714 Incept: 2007-08-26
east tennessee
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Gen: Yup, all good.
---------- It's justifiably immoral to try to deal in a moral fashion with an immoral entity. If you trade based on what other people say, you will lose money. Especially what I say. I won't be held responsible. Festina lente.
2009-09-14 13:36:59
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Dashingdwl Posts: 4564 Incept: 2007-06-26
los angeles
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Two of my repub friends voted for Obama; could be more, but I only know of two. They both regret it now.
---------- Think Green Tip.
2009-09-14 13:37:25
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Jinroh Posts: 647 Incept: 2009-05-05 Room 101
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"If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State."
---------- Constitution Class taught by Michael Badnarik : http://www.archive.org/details/Michael_Badnarik I say we take off and nuke the entire site from orbit. It's the only way to be sure.
2009-09-14 13:44:05
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Wisc-xc Posts: 4828 Incept: 2007-07-14
outside chicago
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2banana, Obama is a corporatist toady, which explains Wall Street's six month love fest. Hell, even America's top socialist doesn't want to have anything to do with him: http://www.politicsdaily.com/2009/09/09/.... Last modified:
2009-09-14 13:49:01 by wisc-xc
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Ator Posts: 135 Incept: 2007-11-30 UK
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Glass this is probably off topic but I'm in the same boat... either throw a lot of my current/future savings into paying down mortgage debt and going against the grain and no-doubt penalised for it when I DO get into trouble or keeping it in cash for something more useful. When I pay down debt it makes sense IF the entire financial system holds together and I will be accountable for it. If TSHTF then better to prepare to default and have cash ready? The amount of debt it makes sense to pay back is proportional to the time they can kick the can I'm not a trader. What I take from this site is the need to diversify to at least preserve wealth and that includes paying down debt but I am keeping savings too and buying STUFF ---------- I'm not even supposed to be here today
2009-09-14 13:46:52
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Stoverny Posts: 250 Incept: 2009-02-25
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Anyone watch the "Jim the Realtor" videos on Youtube? He gives a fantastic real-life on the ground view of the imploding California real-estate market. Take this video for instance: A bank-owned house selling for almost a MILLION dollars less than the mortgages on the other homes on the street. In the video Jim asks a question: "If you owned a house at 1.3 million, and saw the house down the block selling for $500K, how's that gonna make you feel when it's time to make that mortgage payment?" Bottom line is, more people are going to start walking away and the foreclosure mess is only going to snowball. Most people want to do the right thing and honor their payments - but no one wants to be the only sucker left on the block, either.
2009-09-14 13:49:12
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Glasshammer Posts: 124 Incept: 2009-09-02
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Ator, Thanks for the response. Part of me worries that dumping my cash to get rid of debt could bite me if everything goes down the drain. I just tell myself "at that point cash on hand will be the least of my worries".
2009-09-14 13:54:11
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Sushihorn Posts: 6084 Incept: 2007-10-22
Arlington, TX
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Karl said he was tired of the LESSER of two evils. My impression was that he believed that collapse of the system was inevitable and that it would get done faster and and more decisively with Obama.
---------- http://jengafinance.blogspot.com/ Stop the looting. Start prosecuting. Do it soon. Or folks may start shooting.
2009-09-14 13:57:05
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Genesis Posts: 71432 Incept: 2007-06-26
KD^2
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I see there is one person who read what I wrote (Sushi) 
---------- "The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2009-09-14 13:57:32
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