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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (627663)9/10/2011 3:37:11 PM
From: tejek  Read Replies (1) | Respond to of 1578590
 
>> >Try Jurgen Stark quitting the ECB.

Ted you're such a dolt.

There is an excuse a day for the markets spewed out by the media, and it always comes down to one thing: Anything but placing blame where it belongs -- on an incompetent president who is in 60 feet over his head.

Dave, the president gave a winning speech. The only people who think otherwise are people like you. The markets going down yesterday had little to do with the speech. If there was any negativity enanating from the speech, its because investors don't think Obama can get his jobs bill passed because of the Rs in Congress. do so.

But the big factor yesterday was Europe. European banks are in trouble and they have not been willing to take the steps necessary to clear up their problems. I would tell you more but it would only serve to confuse you.

Suffice to say......getting into a mutual fund may be a good step for you.

The truth, of course, is that this administration has done NOTHING but destroy consumer confidence and impede business, and the result -- as Ten pointed out yesterday -- is yet another recession which could very possibly become another Great Depression.

The truth is you and your party are trying to destroy the country so you can win it back. It ain't going to happen. Your brand is so badly damaged and few are willing to fall for your bs. If you've noticed, since returning from recess, your leaders have been strangely passive. Yes, they are voicing opposition but its far more muted than the months leading up to the debt ceiling debacle. What's changed, Dave?

Yes, the GOP will continue to win elections; even experience some upsets here and there. The party won't crash overnite but the trend is definitely down. People are leaving the party in big numbers. My cousin announced to me this week that he's become a moderate; that he is not longer a member of the GOP. He could no longer tolerate some of the antics he has seen over the last few months. He was never one of the radical Rs......more a moderate........the ones who are smart and sane. Those are the people the GOP is losing. If I was an R, that would concern me.

But then denial continues to be a favorite pasttime for Rs and seems to be reaching a feverish pitch these days.

In any case, we, the people, don't want your concept of governance. It doesn't work well in the states you own and it didn't work well nationally under Bush. Either learn to compromise or secede......those are your real choices. Obstructionism only works for so long.



To: i-node who wrote (627663)9/10/2011 3:58:53 PM
From: tejek  Read Replies (1) | Respond to of 1578590
 
Here......you might learn something.

German Is Nominated for Central Bank Post

Internal divisions at the European Central Bank spilled into the open Friday after Jürgen Stark, the bank’s de facto chief economist, said he would resign his seat on the six-member executive board, which manages bank operations and plays a leading role in setting monetary policy.

In a measure of the acute doubts about Europe’s ability to contain the sovereign debt crisis, Mr. Stark’s resignation was enough to spark stock declines in Europe and the United States. Mr. Stark’s resignation also threatened to further strain European unity and undermine German support for measures to keep Greece from defaulting.

Mr. Stark is an opponent of the E.C.B.’s purchases of bonds from ailing countries to hold down their borrowing costs, and many Germans share his concerns. His resignation “makes the European bailout scheme more unpopular among German voters which lowers the long-term credibility of the bailout policy among investors,” Jörg Krämer, chief economist at Commerzbank, said in a research note Saturday.

http://news.google.com/nwshp?tab=wn&ar=1315684609

I have been sitting on some cash for weeks now waiting for some kind of resolution over this issue.........that's how serious it is. The only stocks I hold are biotechs which are least effected by the economic turmoil in Europe.