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Magox

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Everything posted by Magox

  1. There is a difference between being ignorance and being stupid. Is or was she pretty ignorant about matters that were important for being auditioned at the POTUS level? Absolutely. Is she as dumb as her caricature has made her out to be? absolutely not.
  2. It´s a bit humorous to see the same folks chime in at every opportunity they can get, just to say ¨Sarah Palin is dumb¨, even when the article or link suggests otherwise. Lets be real here folks, she is no dummy, she´s able to get you yahoos to remain fixated over her while making gobs of money. The reality is that she is an intelligent, yet very divisive woman who knows how to play the media like a champ. In regards to her political career, my guess is she´ll never hold office ever again, she has made herself into the caricature she has become. You can call her what you want, but she is no dummy.
  3. Sorry, but Obama has almost nothing to do with the fed printing money. In regards to spending, hmmm, yeah it does add to the debt, but I would estimate that it is playing a very small role in the dollars decline. I´d rate Fed policy and the trade defecit as the two largest factors for the Dollars decline. There is one area that you could point to that could carry some credence and that would be his oil moratoria he has imposed, but even that probably has had a negligible effect on the value of oil, max i´d say a couple dollars. Obama isn´t to blame for the high price of oil, but he´s certainly not really doing anything about it either, if anything making slightly worse.
  4. Oil is priced in dollars? Nooooooo? It is? Ok, now that we have established that, what does that have to do with what I just said?
  5. I´m in Bolivia now mudafuka, and about ready to head off to Santa Cruz, the land of amazonian women and really cold beer.
  6. Dont get me started. THe rest of the world is tacking to the right but here in south america the march to the left continues. Having said that, there is a possibility that this guy wont be a Chavez or Evo Morales type of socialista, but more like a Lula lefty. Peru´s economy is thriving, and this peruvian politico is a lifetimer who most likely understands that he better not try to nationalize every damn thing because it may !@#$ up the economy. We´re hoping that he models himself more like Lula da silva rather than the idiot here in Bolivia.
  7. Not that i really care about this topic, even though I do have to admit it does amuse me. But I believe there are some things that may come to light that he may have done something illegal. Like using federal resources to further his endevour with this chick, that would be a felony, he also may have shown his private body parts to an under age chick, that would be another no no. Honestly, at first I didnt think it was that big of a deal, but it seems like every day something new bares itself (sorry for the pun), I just dont see how he can stick around in office, and expect to get the respect that he did. He should just call it quits.
  8. I believe this is an important point to note. All bond increases and decreases are not made equal. If a bond is rising in value, there are many plausible reasons for its increase same vice versa. In other words, you can´t rationally point to the bond market and say ´Hey, the 10 year bond is gaining value, Ahaaa that means the market is pointing to deflation!´ Or ´Look, the 30 year is dropping lock a rock, Hyper inflation is coming´ A bond increase can be due to a slowing economy, deflationary pressures or just a store of value when people become afraid. A bond decrease can be due to higher inflation, healthy economic growth, or fears of sovereign debt default. Also, I personally dont put much weight into the Fed´s preferred gauges of inflation like our lil buddy TPS does, every day average people look at what they are paying at the pump, grocery store, health care costs, store etc. These are the gauges that most people care about, not some calculated gauge that places much of its weighting on rental prices/wage inflation and other metrics used by todays economists. Sorry TPS, inflation is already here and its only going to get worse. Even though I do believe you may see it cool off in the short term. .
  9. when will TPS ever learn? If you go back to the trading posts, I got out when it was at 4%. TBT that is. Another great call Also, This backs up the point that I have been making for a couple years now, which is that we will be experiencing STAGflation, of course TPS, I know this is too complicated of an issue for you to comprehend. SO let me spell it for you really easy, It means, high commodity inflation coupled with slow economic growth. Hmmm, Oil at $100 with many other commodities sky high CHECK Growth pretty darn slow CHECK awww TPS We are seeing inlfation you big dildo
  10. Ok kiddies, repeat after me: "As much as I dislike Obama, I realize he isnt to blame for the high price of gasoline."´ Now that, that has been said.... Cutting the national debt isnt quite as easy as many retards may believe. You can{t just cut all spending with a hatchet. I know many of you would love see his happen, but the reality is if you do so, then the economy falls even deeper into a hole, and guess what kiddies? The economy slows down even further, possibly into a recession, and then tax revenues sharply fall even further from where they are and the national debt outlook worsens. Its easy for the right to criticize the president and liberals for all our woes, politically speaking, they should, afterall, we saw the liberals do the exact same thing when bush was at the helm, they blamed him for every single thing, so yeah, its politics, thats how things work. But from a practical standpoint, its a delicate issue, cutting spending and at the same time trying to promote economic growth. These two in most cases do not go hand in hand. I guess the point that I am trying to make is that it is a complicated issue and dilemma we face, and it has to be done in a very thoughtful and deliberative process, and not carried out by the ones you love to follow on tv or radio where their simple solution is to cut everything in sight. Yeah, it sounds nice, if you{re a moron, but I mean you do realize these people are NOT economists, they are in fact ENTERTAINERS, and if you believe following the advice of one these yahoos is THE answer to our problems, then it just speaks volumes of who you are. For the record, I am for cutting spending, but mainly should be targetted with our longterm spending issues. Ok this computer here in Peru sucks balls, everything is out of wack on the keyboard. I{m out.
  11. Jewish support is important for the president, not just for the obvious financial reasons, but also in actual tangible votes, such as in the state of Florida which will most likely go down to the wire in the 2012 elections.
  12. You're a dipshit, now go back to the commode and flush yourself deep down.
  13. Everything is all well and good until they aren't. Meaning, that sure the bond markets aren't signaling any sort of threat (at this point), but these things can turn on a dime, we've seen it play out time and time again, not just in the debt markets but almost in all spectrums of the capital markets. No one is suggesting that we cut benefits TODAY, but put in place a sustainable long-term solution that suffices the bond markets. As I said before and I always say, It's all good until it isn't.
  14. I dont know what most people will think, but it wont affect anything. The only reason why they were put in place is because at one point in time they were necessary, what most people seem to forget or probably never knew is that the oil industry bled money for over a decade which is why our oil infrastructure (pipelines and rigs) and refineries has some serious deficiencies because of lack of investment in the prior decade. I can tell you that no one was sympathetic with them then, but now that they are in the right industry and money is flowing out of every orifice, people want to ignorantly blame the oil industry for rising gas prices. Oil prices are gonna remain high for a very long time, there is no more need for these subsidies. The need has run its course.
  15. There is no way around it, the only sustainable solution is to either milk those filthy rich for more funds or to cut benefits. Most likely it will be a mixture of the two. Until then, we'll just settle for TPS's solution of kicking the can down the old proverbial road which of course heightens the pain once we do decide to seriously address the issue.
  16. Thats all i had to read The rest just appears to be a bunch of black words jumbled together.
  17. Ok, this is not really a big deal, I really couldnt give 3 shitz about it, but just enough to point out that it probably wasn't the best use of judgement from our much-esteemed president and wife, but nothing to really make a big deal out of.
  18. Oh jeez, you are a dumbass. Yes they do pay taxes, dont make me prove it to you cuz I dont feel like providing a link at this time. Having said all that, I do agree that there should be no more oil subsidies. Ok I said it.
  19. Actually, it does. I'm not saying that he is soley responsible for the lack luster job market, because that is definitely not the case, but his agenda certainly isn't helping to fuel a sustained pusn in the labor market. Examples: Dodd/Frank Fin reg Bill with the Durbin amendment is making it much tougher for banks to turn a profit. We can demonize the banks all we want considering its the populist in thing to do, but the reality is without a healthy banking sector (which means them turning a nice profit) there wont be the sort of bank lending that is necessary to promote job growth. The stricter oil and EPA regulations, there are many jobs that have been lost because of these new developments. The health insurance law. Oh jeez, I've spoken about this ad nauseum, you can find my posts in previous threads. The growing U.S debt, many job creators understand that our nearly $15 Trillion debt will come with a price tag, and that usually means higher taxes or at the very least slower growth. Having said all that, you are right in that there are many companies that are turning a good profit with the employees they have now, there are too many uncertainties for many companies to want to expand their workforce considering the profits they are making now. My point is that Obama isn't to blame for the lack luster job market, but he certainly isn't helping us get out of this situation. However, ever since the elections and the "shellacking" they took at the polls last november, he has definitely been tacking more to the center and I am a bit encouraged with his newfound sense of capitalism. I guess he understands that this move to the middle probably is going to give him a decent shot at winning enough of the independents to carry the 2012 elections.
  20. No sir... ETF's have a direct impact on futures prices...There is no way to logically dispute this. I for a living have been a futures trader and now currently own a precious metals brokerage that deals with leveraged contracts and I have haveintimate knowledge of how ETF's work and their impact on futures prices.... I can say with all certainty that you are talking out of your ass and have no clue in what you are saying. so spare me the B.S bla bla bla and save it for the shmo's
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