Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Nadine Carroll who wrote (520503)	11/7/2012 11:43:20 PM
From: carranza2	Respond to of 793624

Agree, fwiw.

To: Nadine Carroll who wrote (520503)	11/8/2012 12:10:21 AM
From: LindyBill	1 Recommendation Read Replies (1) \| Respond to of 793624

Consider this when thinking Obama rigged the election. Unpopular Vote Stipulate that (a) we don't have a national election but 50 state elections, and (b) they are still counting votes so the final popular vote for both candidates will be bigger than it is now. Still seems very significant that Obama is 10 million votes short of where he was in 2008. Nationally, Obama earned 69.5 million votes in 2008, to McCain's 60 million. By the current count for 2012, Obama has 59.5 million votes, to Romney's 57 million. I don't pretend to know how much these latter totals will rise. But the HuffPo numbers I'm looking at appear to be pretty final -- even 95 percent of California reporting, though still waiting on 23 percent of Colorado, 27 percent of Oregon and 48 percent of Washington. Seems amazing to hemorrhage the scale of support Obama has, yet still win.

To: Nadine Carroll who wrote (520503)	11/8/2012 12:53:42 AM
From: Jorj X Mckie	18 Recommendations Respond to of 793624

Hey Bill, neolib is polite. I think we should encourage polite debate. It is not polite to come here and make claims about what we believe that are based on complete fallacy. Especially when he is guilty of exactly what he was claiming conservatives are guilty of. Claiming that conservatives are anti-science and hate higher education is just a B.S. jab to start a fight while claiming to be polite. The day after the election is not the day to come over and dance around like a peacock showing off his pretty feathers.

To: Nadine Carroll who wrote (520503)	11/9/2012 8:39:01 AM
From: carranza2	4 Recommendations Read Replies (1) \| Respond to of 793624

Amazing that O! got reflected in view of this: In 2007, the unemployment rate was 4.6%; 146 million people, or 63% of the working age population, were employed; and 78 million Americans were not in the labor force. Today, after three years of “recovery”, the unemployment rate is 7.9%; 143 million people, or 58.8% of the working age population are employed; and 88 million Americans are not in the labor force. Real median household income was $55,039 in 2007. It has fallen by 8.2% to $50,502 today.BLS reported inflation has risen by 12% since 2007. True inflation has risen at twice that rate. Median net worth in 2007 was $126,400. By 2010 it had fallen to $77,300, a 39% drop in three years. As of today, it may be a few thousand dollars higher as stock prices have risen and home prices have stopped falling. In 2007 there were 5.7 million existing homes sold at a median price of $218,900. Today there are 4.3 million existing homes being sold at a median price of $183,900. Over 1 million of these home sales are foreclosures or short sales, as 30% of all the homes with a mortgage in the country owe more than their house is worth. Federal government spending in 2007 was $2.73 trillion. Federal government spending today is $3.8 trillion, a 39% increase in five years. GDP in 2007 was $14.2 trillion. Today GDP is $15.8 trillion, an 11% increase in five years. Approximately 25% of the GDP increase is due to increased government spending. Government entitlement transfers totaled $1.7 trillion in 2007. Today they total $2.4 trillion, a 41% increase in five years. Interest income paid to senior citizens and savers totaled $1.25 trillion in 2007. Today interest income totals $985 billion, a 21% decrease in five years; Wall Street bankers needed the money to pay themselves bonuses, so Ben Bernanke obliged. The annual deficit in 2007 totaled $161 billion. Today, the annual deficit is $1.1 trillion. We add $3 billion per day to the national debt as a gift to unborn generations. The national debt in 2007 was $9 trillion. Today the national debt is $16.3 trillion, an 81% increase in five years. The national debt will reach $20 trillion during the next presidential term. Normalization of interest rates to 2007 levels would result in annual interest expense of $1 trillion, or 40% of current government revenues.