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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (597)9/2/2011 6:53:22 PM
From: Bearcatbob4 Recommendations  Read Replies (2) | Respond to of 85487
 
Koan, Again, you lefties do not appreciate what Obama is doing for you. You guys want it all - the 5% of you on the fringe. How long do think he would last following your agenda when the other 95% throw him out. He is far more dangerous to the country than you think as he is doing your bidding to the max extent possible and still keep some chance of getting his sorry butt reelected.

Bob



To: koan who wrote (597)9/2/2011 7:00:20 PM
From: koan  Respond to of 85487
 
What a day. DOW crashed and gold up almost $60, silver up $2.

Asia is basically OK. Right now it is just reacting to the decline of the west and especially the bad jobs number expected in a few hours.

I am expecting a big qe3 next thursday, so dollar falls. We are very close to a deflationary depression. Here and in Europe. That means QE. Pressure on Europe to lower interest rates. so Euro falls.

How this affects Asia is that the Euro and dollar should fall and Asia will have export competition and inflation problems and they have inflation problems now but can't raise interest rates with western currencies falling.

So we have a bifercation. Inflation in the East (and can't raise interest rates) and deflation in the west and falling currencies.

Very weird-lol.

But all bullish for gold.



To: koan who wrote (597)9/2/2011 7:21:46 PM
From: Nadine Carroll5 Recommendations  Read Replies (2) | Respond to of 85487
 
The grand irony is that the right wing sees him as a socialist and we liberals seee him as a Republcian-lol.

Like Bob says, you lefties don't appreciate what he is doing for you. He has governed as far left as he possibly could, and is refusing to triangulate even though that is the political course he obviously should follow to get himself reelected. He has seeded the whole bureaucracy with leftist radicals. If Obamacare is not rooted out in 2013, it will lead to a US National Health Service like they have in England.

You keep berating Obama because he's no FDR. That's true enough. But you should still be happy about him.