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Last post 12 years ago by cacman. 24 replies replies.
Don't call my bluff!
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OldSchool Offline
#1 Posted: Thu, Jul 14 2011, 5:24 PM EST
Joined: 07-21-2005
Posts: 1,542
http://thehill.com/homenews/administration/171403-obama-warns-cantor-dont-call-my-bluff-in-debt-talks

Ok, If this quote is correct, either Abdul Mustafa is to stupid to know the correct saying of this terminology while trying to pose a threat would be "Call me if you think I'm bluffing"..... or for the first time he has told the truth, albiet accidently, and admitting he is bluffing.

Frying pan
HockeyDad Offline
#2 Posted: Thu, Jul 14 2011, 7:23 PM EST
Joined: 09-20-2000
Posts: 46,134
Ben Bernanke said today in Senate testimony that overzealous cuts to government spending in the short term could derail a shaky recovery and said a debt default could wreak financial havoc.

You people need to call your government representatives and tell them that you need them to sign you and your children up for more debt. If the chairman of the Federal Reserve says you need more debt, YOU NEED MORE DEBT! Get with the program.
apachelm Offline
#3 Posted: Thu, Jul 14 2011, 7:29 PM EST
Joined: 04-26-2008
Posts: 8,549
If this "shaky recovery" is predicated on more deficit spending maybe it needs to be "derailed". I'm more of a saver than a spender so what exactly is wrong with higher interest rates?
HockeyDad Offline
#4 Posted: Thu, Jul 14 2011, 7:31 PM EST
Joined: 09-20-2000
Posts: 46,134
Moody's Investors Service warned late on Wednesday that the United States could lose its top credit rating in coming weeks if a standoff between the White House and congressional Republicans over raising the statutory borrowing limit is not resolved.

Earlier on Thursday, China -- the United States' biggest foreign creditor -- urged the U.S. government to adopt responsible policies to protect investors' interests after the Moody's warning.



You people need to get your priorities straight. You need to adopt responsible policies to protect investors' interests.
donutboy2000 Offline
#5 Posted: Thu, Jul 14 2011, 8:10 PM EST
Joined: 11-20-2001
Posts: 25,000
.


BUY FAZ !
nnightmar Offline
#6 Posted: Thu, Jul 14 2011, 8:20 PM EST
Joined: 03-31-2009
Posts: 10,707
Raise...
OldSchool Offline
#7 Posted: Fri, Jul 15 2011, 11:18 AM EST
Joined: 07-21-2005
Posts: 1,542
http://thehill.com/homenews/administration/171743-obama-public-sold-on-tax-increases-in-debt-ceiling-deal

80% want tax increases??? Shame on you Frying pan

Seems like the Head Nizzle is smokin' some of that good Cali sticky-icky!!!
dpnewell Offline
#8 Posted: Fri, Jul 15 2011, 12:11 PM EST
Joined: 03-16-2009
Posts: 7,491
OldSchool wrote:
80% want tax increases??? Shame on you Frying pan




Oh, really? Here's the lastest Gallup poll.

http://www.gallup.com/poll/148472/Deficit-Americans-Prefer-Spending-Cuts-Open-Tax-Hikes.aspx

50% want mostly spending cuts
11% want mostly tax increases
32% want a balance of spending cuts and tax increases

I guess Obumer's quoting a poll from Moveon.


Oh, and here's another interesting Gallup poll.

http://www.gallup.com/poll/148487/Republican-Candidate-Extends-Lead-Obama.aspx

Would you vote for Obumer, or WHOEVER the Repulicans put up?

Obumer 39%
Any Republican 47%
Papachristou Offline
#9 Posted: Fri, Jul 15 2011, 2:41 PM EST
Joined: 10-20-2010
Posts: 845
OldSchool wrote:
80% want tax increases??? Shame on you Frying pan

Seems like the Head Nizzle is smokin' some of that good Cali sticky-icky!!!



lmfao, i fell out of my chair laughing.


but dont worry, the taxes raises wont kick in till 2013 (after he gets re elected)
Stinkdyr Offline
#10 Posted: Wed, Jul 20 2011, 2:07 PM EST
Joined: 06-16-2009
Posts: 9,948
Shut the gubment down.


ram27bat
Papachristou Offline
#11 Posted: Wed, Jul 20 2011, 2:14 PM EST
Joined: 10-20-2010
Posts: 845
the only thing i would notice is more money in my paycheck! most of the services i use are from local/state governments except National defense.
DrMaddVibe Offline
#12 Posted: Wed, Jul 20 2011, 2:25 PM EST
Joined: 10-21-2000
Posts: 55,440
"Don't Call My Bluff" - Translation: Don't ruin my Chicago Birthday Bash, I have some golfing to do too! Presidentin' be hard!
stogiesnbogies Offline
#13 Posted: Sun, Jul 24 2011, 5:34 PM EST
Joined: 07-23-2011
Posts: 1
What the GOP/Tea Party lunatics have done here is without precedent.

They are holding the good faith and credit of the United States hostage in order to extort their minority party demands for devestating cuts to essential programs providing critical assistance to the poor, elderly, children and the middle class...all while INSISTING that millionaires and Billionaires not pay one additional red cent in taxes...where in the world is the public outrage?!

Obama MUST hold firm as he and the Dems represent the final firewall protecting the most vulnerable amongst us from these glassy-eyed Randist ideologues....and President Cave-Ins track record negotiating with GOP/Tea Party loonies here only serves to further embolden the hostage takers in this insane game of chicken being played by many of the same GOP participants who simply raised the debt ceiling without any objection NINE TIMES under Goerge W Bush...and the debt ceiling has been raised" as a matter of housekeeping" (as then GOP Rep Mitch Daniels -now tea partier Gov of Indiana put it back in the day) SEVENTY FOUR times since the Kennedy Administration...what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy....the meal has already been eaten and these GOP/Tea Party deadbeats want to pull a chew and screw and run out on the bill!!

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.
rfenst Offline
#14 Posted: Sun, Jul 24 2011, 5:54 PM EST
Joined: 06-23-2007
Posts: 39,330
Everyone needs to chill-out. Negotiations are going as expected. It would be an extremely rare event for the political dispute to conclude this far before a deadline.
wheelrite Offline
#15 Posted: Sun, Jul 24 2011, 6:24 PM EST
Joined: 11-01-2006
Posts: 50,119
stogiesnbogies wrote:
What the GOP/Tea Party lunatics have done here is without precedent.

They are holding the good faith and credit of the United States hostage in order to extort their minority party demands for devestating cuts to essential programs providing critical assistance to the poor, elderly, children and the middle class...all while INSISTING that millionaires and Billionaires not pay one additional red cent in taxes...where in the world is the public outrage?!

Obama MUST hold firm as he and the Dems represent the final firewall protecting the most vulnerable amongst us from these glassy-eyed Randist ideologues....and President Cave-Ins track record negotiating with GOP/Tea Party loonies here only serves to further embolden the hostage takers in this insane game of chicken being played by many of the same GOP participants who simply raised the debt ceiling without any objection NINE TIMES under Goerge W Bush...and the debt ceiling has been raised" as a matter of housekeeping" (as then GOP Rep Mitch Daniels -now tea partier Gov of Indiana put it back in the day) SEVENTY FOUR times since the Kennedy Administration...what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy....the meal has already been eaten and these GOP/Tea Party deadbeats want to pull a chew and screw and run out on the bill!!

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.



We have a new Moron in our midst...

The S&P will downgrade our AAA Rating regardless because of the lack of real Debt reduction..

wheel,
ZRX1200 Offline
#16 Posted: Sun, Jul 24 2011, 7:04 PM EST
Joined: 07-08-2007
Posts: 60,614
Another renamed recycled hit and runner.......

Like Wheel said unless there is legitimate cuts across the board over 4 trillion our rating will b downgraded.

I want the mother frozen. These sons of beotches on both sides have spent like drunken sailors for too long. And if its not in the constitution it shouldn't be funded, period. Audit the fed and blow that abortion up. Blow up the edu dept. Reset. I want the red ring of death for centralized fedral controllers. Friggin willing sheep need putchforks, hgh and roid rage.
HockeyDad Offline
#17 Posted: Mon, Jul 25 2011, 7:48 AM EST
Joined: 09-20-2000
Posts: 46,134
stogiesnbogies wrote:
what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.





Actually it is a credit extension on their personal credit cards. The debt extension is needed to fund the Federal government for this year and next to push the issue past the next Presidential election. Debt from the Bush wars have already been financed at attractive interest rates over the past few years.

While Obama is dealing with the hostage takers, keep in mind that Obama has dug his heals in on eliminating the Bush tax cuts for the rich which will raise $80 billion in revenue per year. The USA is currently running 1.4 Trillion USD in the red. The Obama plan is to reduce new debt for this year from 1.4 Trillion to 1.3 Trillion by goring the rich. Them man is a miracle worker!

WE NEED MORE DEBT! It is the only solution. As long as they will loan it to us, we should take it and continue to live large. When we default, break up the Union, and cause a global depression when trillions vanish, it should be the biggest bang possible.
HockeyDad Offline
#18 Posted: Mon, Jul 25 2011, 7:55 AM EST
Joined: 09-20-2000
Posts: 46,134
ZRX1200 wrote:
Another renamed recycled hit and runner.......

Like Wheel said unless there is legitimate cuts across the board over 4 trillion our rating will b downgraded.

I want the mother frozen. These sons of beotches on both sides have spent like drunken sailors for too long. And if its not in the constitution it shouldn't be funded, period. Audit the fed and blow that abortion up. Blow up the edu dept. Reset. I want the red ring of death for centralized fedral controllers. Friggin willing sheep need putchforks, hgh and roid rage.




In all the talk of cutting 4 trillion or 3.7 trillion, the part that gets missed is that they're stuck cutting 4 trillion from the projected 10 trillion in expected new debt over the next 10 years. If they actually reached agreement, they would still be agreeing to borrow another 6 trillion USD over the next 10 years!

The nation is bankrupt by any corporate accounting standards and the game of chicken is trying to force us to make a fundamental decision about where the country should head.
Papachristou Offline
#19 Posted: Mon, Jul 25 2011, 9:31 AM EST
Joined: 10-20-2010
Posts: 845
stogiesnbogies wrote:
What the GOP/Tea Party lunatics have done here is without precedent.

They are holding the good faith and credit of the United States hostage in order to extort their minority party demands for devestating cuts to essential programs providing critical assistance to the poor, elderly, children and the middle class...all while INSISTING that millionaires and Billionaires not pay one additional red cent in taxes...where in the world is the public outrage?!

Obama MUST hold firm as he and the Dems represent the final firewall protecting the most vulnerable amongst us from these glassy-eyed Randist ideologues....and President Cave-Ins track record negotiating with GOP/Tea Party loonies here only serves to further embolden the hostage takers in this insane game of chicken being played by many of the same GOP participants who simply raised the debt ceiling without any objection NINE TIMES under Goerge W Bush...and the debt ceiling has been raised" as a matter of housekeeping" (as then GOP Rep Mitch Daniels -now tea partier Gov of Indiana put it back in the day) SEVENTY FOUR times since the Kennedy Administration...what Joe and Mary Sixpack fail to understand is that this is NOT a credit extension as on their personal credit cards but in reality payment for money already spent-largely by W Bush in 2 wars and tax cuts for the wealthy....the meal has already been eaten and these GOP/Tea Party deadbeats want to pull a chew and screw and run out on the bill!!

Obama MUST deal politically with these hostage takers as effectively as he dealt militarily with the Somali Pirates and Osama Bin Laden....the future of the nation and the financial world hangs in the balance because of these rightwing extremists.


been eating cheese lately? the real cause of the downgrade will be our inability to reduce our debt. Obama has single handed increased the debt more in 2 years than any other potus has done in their entire term, not to mention he has added over 20 million new voters to his ranks by enrolling them in welfare.

I am amused by your last paragraph. You are advocating the systematic execution those who disagree with obama? Think dont forget, right wingers have all the guns
donutboy2000 Offline
#20 Posted: Fri, Aug 5 2011, 1:33 AM EST
Joined: 11-20-2001
Posts: 25,000
donutboy2000 wrote:
.


BUY FAZ !







July 14 $47.71


August 4 $60.35


+26.5%


BINGO !
donutboy2000 Offline
#21 Posted: Sat, Aug 6 2011, 12:18 AM EST
Joined: 11-20-2001
Posts: 25,000




August 5 $63.31 !
donutboy2000 Offline
#22 Posted: Mon, Aug 8 2011, 8:06 PM EST
Joined: 11-20-2001
Posts: 25,000



August 8 $81.60 !




+71%
HockeyDad Offline
#23 Posted: Mon, Aug 8 2011, 8:08 PM EST
Joined: 09-20-2000
Posts: 46,134
Sell bonds and go long stocks right now!
cacman Offline
#24 Posted: Tue, Aug 9 2011, 12:31 AM EST
Joined: 07-03-2010
Posts: 12,216
donutboy2000 wrote:
.BUY FAZ !

At the time of this posting:
Sorry : Asset information is temporarily unavailable... including Objective, Portfolio & Composition.

So what's up??? Or is the market crashing that bad that Fidelity can't update in real-time???
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