Dow Drops More Than 500 Points

Taking another beating today.

http://i83.photobucket.com/albums/j290/BodyDropAZ/229731_10150258434795423_624405422_7855054_3662205 _n.jpg

Taking another beating today.

And today...and yesterday...and tomorrow.

And today...and yesterday...and tomorrow.

Well...not yesterday

Stay thirsty my very rich friends!

http://www.webguild.org/wp-content/uploads/2011/02/obamatechdinner.jpg


Why are all these people sitting there?

Actions speak louder then words or toasts for that matter. Companies as a whole are still sitting on their largest cash reserves in history (both in terms of sheer numbers and percentage of assets) and not spending anything. Not on R&D, Marketing, Sales, Accounting, Finance, Labor, nothing. And a decent portion of the companies that are hiring are only bringing in people willing to jump ship from another company.

And even worse then that a lot of the people that are getting hired are getting flat out abused by employers. Some people are doing the job of 3 or 4 people and are told to feel lucky that they work 60 70 hour weeks. Freezes on hiring don't just hurt the people that are unemployed, but also the people that are working.

I don't think all the blame rest with the confidence (or lack there of) in this administration. When Obama first came into office I was hoping for another Clinton like presidency. Now I'm hoping for a Carter setting the table for the next Regan.

Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.

It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.

Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.

It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.


Thats would be like saying that Bill Clinton could not get elected because he cut SS and social programs.

Actions speak louder then words or toasts for that matter. Companies as a whole are still sitting on their largest cash reserves in history (both in terms of sheer numbers and percentage of assets) and not spending anything. Not on R&D, Marketing, Sales, Accounting, Finance, Labor, nothing. And a decent portion of the companies that are hiring are only bringing in people willing to jump ship from another company.

And even worse then that a lot of the people that are getting hired are getting flat out abused by employers. Some people are doing the job of 3 or 4 people and are told to feel lucky that they work 60 70 hour weeks. Freezes on hiring don't just hurt the people that are unemployed, but also the people that are working.

I don't think all the blame rest with the confidence (or lack there of) in this administration. When Obama first came into office I was hoping for another Clinton like presidency. Now I'm hoping for a Carter setting the table for the next Regan.

Please watch the link I previously provided.

Jun 23: Back it with cash - short view - markets - FT.com (http://video.ft.com/v/101473258001/Jun-23-Back-it-with-cash)

You can hope all you want, it's not going to change the facts on the ground. What is Reagan 2.0 going to do? Cut taxes? Increase defense spending? Increase the debt ceiling 18 more times? Tripple the national debt? Bring back jobs from China? Backout of NAFTA? Bust more Unions? GTFOH!

Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.

It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.


Stop busting their bubble, their miracle worker is on the way!

Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.What do me, Maureen Dowd, and unnamed "Democratic lawmakers" referenced by Dowd have in common.....we all agree with Dirtbag

Obama Is Jimmy Carter 2.0 - FoxNews.com (http://www.foxnews.com/opinion/2011/08/07/obama-is-jimmy-carter-20-56179038/#ixzz1UZNh9CAm)

It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.Reagan governed with a Democratic Congress that drove the tax increases. The expanded size of gov't was to defeat the greatest threat to freedom the world has ever seen.

You'd be a great NASCAR driver, you can only turn left. :D