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King Dollar
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Machiavelli Offline
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Post: #121
RE: King Dollar
Keep crowning yourself champ.

and in this cornah................ we have the undefeated, undisputed bantam weight champion of his own mind...................................
05-19-2010 02:21 PM
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Ninerfan1 Offline
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Post: #122
RE: King Dollar
(05-19-2010 02:20 PM)Ninerfan1 Wrote:  
(05-19-2010 02:02 PM)Ninerfan1 Wrote:  
(05-19-2010 02:01 PM)Ninerfan1 Wrote:  [quote='Machiavelli' pid='5433519' dateline='1274279289']
I'm arguing that the stimulus did work and I have metrics to back it up. I believe that things will continue to get better. Don't discount the role psychology has on the markets. DESPITE the constant harping from conservative ilk that the sky is falling things are improving.

Want to post this before mach goes back and edits it. Being the lying piece of sh!t he is that's the kind of thing he would do.

All that needs to be said.

Owned, again.

So it is your position you never said the bolded sentence above?
05-19-2010 02:24 PM
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Machiavelli Offline
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Post: #123
RE: King Dollar
Douchiest of the douchers...................

I said I can provide two metrics to every one the right can provide that the stimulus worked.


YOU created the strawman with your implications.
05-19-2010 02:24 PM
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Machiavelli Offline
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Post: #124
RE: King Dollar
AND THEN YOU OWNNED. DOMINATED REGULATED OOOOWWWNNNNED the convo
05-19-2010 02:25 PM
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Ninerfan1 Offline
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Post: #125
RE: King Dollar
(05-19-2010 02:24 PM)Ninerfan1 Wrote:  
(05-19-2010 02:20 PM)Ninerfan1 Wrote:  
(05-19-2010 02:02 PM)Ninerfan1 Wrote:  [quote='Ninerfan1' pid='5434479' dateline='1274295690']
[quote='Machiavelli' pid='5433519' dateline='1274279289']
I'm arguing that the stimulus did work and I have metrics to back it up. I believe that things will continue to get better. Don't discount the role psychology has on the markets. DESPITE the constant harping from conservative ilk that the sky is falling things are improving.

Want to post this before mach goes back and edits it. Being the lying piece of sh!t he is that's the kind of thing he would do.

All that needs to be said.

Owned, again.

So it is your position you never said the bolded sentence above?
05-19-2010 02:25 PM
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Post: #126
RE: King Dollar
(05-19-2010 02:11 PM)cb4029 Wrote:  Mods, clean up on aisle 3.

Why? You get too excited or something?
05-19-2010 02:28 PM
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Machiavelli Offline
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Post: #127
RE: King Dollar
Yes,

I said I can provide two metrics to every one and I have metrics to back up my points. Now you on the other hand?

Have any metrics that say the stimulus did not work or had a detrimental effect? I'm not going to wish death upon you or anything. Let's try to keep it civil.
05-19-2010 02:31 PM
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Machiavelli Offline
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Post: #128
RE: King Dollar
I don't want to get DOMINATED AND OWNED over implications.
05-19-2010 02:32 PM
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Machiavelli Offline
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Post: #129
RE: King Dollar
and it is the duty of one calling someone a liar to show such lies or apologize. You project your shortcomings onto others. I've never edited out a statement. You have been caught time and time again bantam.
05-19-2010 02:35 PM
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Ninerfan1 Offline
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Post: #130
RE: King Dollar
(05-19-2010 02:01 PM)Ninerfan1 Wrote:  
(05-19-2010 09:28 AM)Machiavelli Wrote:  I'm arguing that the stimulus did work and I have metrics to back it up. I believe that things will continue to get better. Don't discount the role psychology has on the markets. DESPITE the constant harping from conservative ilk that the sky is falling things are improving.

Want to post this before mach goes back and edits it. Being the lying piece of sh!t he is that's the kind of thing he would do.

All that needs to be said.

Owned, again.
[/quote]

So it is your position you never said the bolded sentence above?
05-19-2010 02:43 PM
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Machiavelli Offline
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Post: #131
RE: King Dollar
Look up three posts. Yes I did type that.
05-19-2010 03:05 PM
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NIU05 Offline
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Post: #132
RE: King Dollar
Gold is the fear play of no faith in paper currency. (obviously) That the US will pull an FDR and confiscate all the gold ( won;t happen) but the US gov is capable of doing something crazy is not off the table.

Interest rates will stay low. Why? Flow of capital out of the Eur. Euro holders have to put the paper somewhere, they can not see their Euro evaporate to nothing. Second, we are still in an era of DESTROYING DEBT. Even with trillion dollar deficit, the GROSS amount of borrowings in the US is SHRINKING. State government, munis, consumer installment and mortgage debt is SHRINKING . Again let us not confuse weakness in others as strength in us. We have long term problems and pissing a trillion dollars away did not add to the long term solution. The Trillion Euro baill out for the PIGS did not and will not help. The Germans know they just pi$$ed billions down the drain. It is not a long term solution but short term. It takes TIME, -20- years to get out of our problems. SIGNIFICANT debt still has to be destroyed.....i.e. lower asset prices...... More pain to come....
(This post was last modified: 05-19-2010 11:03 PM by NIU05.)
05-19-2010 08:26 PM
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blah Offline
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Post: #133
RE: King Dollar
(05-19-2010 12:04 AM)Brookes Owl Wrote:  Am I the only guy who gets the impression Mach makes posts like this primarily because he needs us to know how well he does playing the markets? One of the first lessons in finance I got from my dad was "never tell anyone how much money you make unless they have to know." I've always tried to obey that rule and usually get the creeps when I watch others violate it.

+1

Also, bitching about losing your home while talking about spending $100k on a stereo system makes you look like a complete idiot.

This is the kind of person I am sick of bailing out. You have a $4k/month mortgage and no savings. F uck you....
05-19-2010 08:32 PM
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RaiderATO Offline
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Post: #134
RE: King Dollar
(05-19-2010 08:32 PM)blah Wrote:  Also, bitching about losing your home while talking about spending $100k on a stereo system makes you look like a complete idiot.

This is the kind of person I am sick of bailing out. You have a $4k/month mortgage and no savings. F uck you....

You don't know that he didn't have any savings. He just didn't have enough savings to comfortably make it until now. He's not asking for help from anyone else, or even pity. You're not bailing him out because he's making sacrifices to make ends meet.

You have something that you spend more money on than the average Joe. Computers, TVs, sound systems, season tickets, cars, club memberships, etc. He spent his extra income on audio equipment. He's selling it now, because he has to. Don't say he's stupid for spending his own money how he wanted to. Sounds like you all have a little lib. in you.

He's not asking anything from you, so you don't need to tell him how to live his life, especially since it doesn't affect you in any way.
05-19-2010 10:10 PM
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Owl 69/70/75 Offline
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Post: #135
RE: King Dollar
(05-19-2010 09:28 AM)Machiavelli Wrote:  I'm arguing that the stimulus did work and I have metrics to back it up. I believe that things will continue to get better. Don't discount the role psychology has on the markets. DESPITE the constant harping from conservative ilk that the sky is falling things are improving.

No, you don't have metrics to back it up. The reason you don't is that you don't have any metrics as to what things would have been like without it. We know that this has taken much longer to work through and start recovery than the typical economic downturn, from which we would have long ago recovered. We have the claim that this is the worst financial crisis since the Great Depression. Maybe, maybe not, and maybe it's more of a financial crisis than an economic crisis. We also have the claim that without the "stimulus" unemployment would have risen to 8%. Maybe, maybe not, but if 8% is the number without the "stimulus" then it didn't work.

What we DO have are some historic examples from which we may be able to draw some inferences. There are three cases where the "stimulus" approach has been tried in a major way: Hoover-Roosevelt in the US 1929-1941 (yes, Hoover tried it before FDR), Japan in the early 1990s, and Obama now. What is common about all three is that it took far longer than normal for recovery to kick in. The Great Depression lasted 12 years, Japan still hasn't recovered 20 years later, and who knows how long this one will last, particularly if we have the double-dip/W-shaped recession (which is still very much in play).

We've pumped $2 trillion into the economy in the last two years, and we've gotten barely a bump to show for it. In return, our debt is starting to rise to unsustainable levels. Right now, we are looking at forecasts of comparable deficits as far into the future as eyes can see. If that happens, we're Greece. As things stand, the only way for that NOT to happen is for all this spending to somehow ignite sustained fire-hot growth, so that we produce our way out of it. So far, that's not happening.
(This post was last modified: 05-19-2010 10:33 PM by Owl 69/70/75.)
05-19-2010 10:27 PM
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RobertN Offline
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Post: #136
RE: King Dollar
(05-19-2010 10:31 AM)smn1256 Wrote:  
(05-18-2010 11:13 PM)I45owl Wrote:  
(05-18-2010 10:55 PM)smn1256 Wrote:  The good thing about the stereo is that, unlike my wife, I can turn it off.

To clarify, you're saying your wife doesn't know how to turn the stereo off, right?

No, I can't turn her off.
I am surprised. I have a hard time believing you can turn her on in the first place. 03-puke 03-wink
05-20-2010 03:01 AM
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Paul M Offline
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Post: #137
RE: King Dollar
(05-19-2010 12:45 PM)Machiavelli Wrote:  Reb, you were a card carrying pom pom wearing neocon. You couldn't wait to invade Iraq. These other guys weren't around. Paul will claim he was but that's another story. You are a hypocrit of the 1st order. You can't ***** on one hand about spending on American's and then pom pom the "Iraqi Expedition" on the other. Go sell crazy some place else.

Why do you continue to lie? Can you not help yourself? Do you just not know how to open you mouth without spewing lies? I mean, with you it's just one lie after another. Lie, lie lie. Punk ass. You are the most worthless tool I believe I've ever had the misfortune to make the acquittance of. Do us all a favor and go back to your self imposed ban. Make it forever.

I would ask you to provide the post were I claimed to have been a member here before I ever joined, but that would be a futile waste of time. Never happened. You make things up and then just repeat constantly what you fabricate as though it were fact. And refuse to acknowledge when confronted that you're a liar.

Provide the post were I claimed to be around when I wasn't around, punkass mother fornicator. I know no apology will be forthcoming so I wont wait for integrity to make a showing in your next post. I know Ninerfan1 isn't holding his breath waiting for you to provide that edited post you go on and on about. Maybe you could photoshop a time stamp.

And I'll add my voice to the others in this thread. Back-up the B.S. your claiming in this topic. Obama, stimulus, working. Jump over there in that parallel reality you live in and bring some proof back.

And the past month you have been away... until you came back and started violating the AUP, and caused all us others to violate it in kind, no one had been violating it. There have been no three page threads of people going for each others jugular. With the obvious exception of Robert, both from and directed towards, there has been a minimum of personal attacks. You want this to be a civil board, easy... go away. It is when you aren't around.

You must contribute greatly to the drop-out rate every where you go.
05-20-2010 06:38 AM
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Machiavelli Offline
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Post: #138
RE: King Dollar
Paul you claimed to have remembered something when you weren't even around. Enough.... you're on my ignore.
(This post was last modified: 05-20-2010 06:51 AM by Machiavelli.)
05-20-2010 06:51 AM
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Machiavelli Offline
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Post: #139
RE: King Dollar
***Anyone who tries to drag me down in the muck will be put on ignore. I will no longer be able to see your posts. So don't bother responding*****

Here's why the stimulus worked.

The Recession of 2008-09 was not like “most situations.” It was a collapse in production and employment brought on by a financial panic. The cdo defaults the run on investment banks etc. etc. Maintaining confidence is of the utmost importance in such situations, otherwise businesses refuse to invest and consumers stop spending.

You guys forget or have selective memory when it comes to 2008. Bear Sterarns went down and Goldman was next. Remember when all those bank stocks were a dollar. I do. People thought (it was unrational) it was the depression. Banks were going to fail. The STIMULUS worked because we avoided that possible future.
05-20-2010 07:01 AM
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Machiavelli Offline
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Post: #140
RE: King Dollar
Standing by and doing nothing....... in my viewpoint would of been a far far greater crime.
05-20-2010 07:03 AM
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