American Politics during the Bush Presidency

From Wikipedia.

"Kevin Hassett is senior fellow at the think tank American Enterprise Institute where he directs economic policy studies. He regularly appears on Bloomberg Television. He advised President Bush in his campaign, and he currently serves as a senior economic adviser to the John McCain 2008 presidential campaign.

Hassett is coauthor with James K. Glassman, of Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market. It was published in 1999 before the dot-com bubble burst. The book predicted that the Dow Jones industrials index would rise to 36000 within three to five years--I. E. 2002 or 2004. Hasset also writes for the AEI magazine The American."

I guess the "SENIOR ECONOMIC ADVISOR" to John McCain qualifies as an unbiased source to lay the current economic woes on the Dems. I'm sure he was able to lay aside his OBVIOUS conflict of interest in order to write a "fair and balanced" article to illuminate us and hopefully help lead us out of these dificulties by leaving politics behind for the benifit of the greater good.

Sid just say it, you don't like Obama, you think he's the wrong guy for the job and you're voting for McCain / Palin. I can respect that, I won't agree but I'll certainly respect your right to vote as you see fit. But please stop posting this political garbage that masqurades as fact based reporting. How can you see things so clearly in the finacial sector but fail to see this stuff for what it is.

With the utmost respect, honestly, it's beneath you, you're a brilliant guy and I would be so much more interested in your opinions instead of this crap. I would honestly love to know how you reconcile voting for McCain knowing that puts Sarah Palin one heartbeat away from the Oval. McCain I could live with and if he survives the term, while I think Obama would be better, it won't be horrible for the country but Palin! It's an insult to the entire electorate that she got the nod. I would honesty enjoy reading your thoughts on that issue.

[QUOTE=Sidney]All of the sub-prime loan liberalization started in the Clinton years. It continued during the Bush years. All was silently sanctioned by the hopelessly incompetent, Greenspan. ------------All of the 4 candidates for Presidential office are hopelessly incompetent. I will vote for none! But the Musiah is scary![/QUOTE]Thanks Sid. I'm going to read more about Greenspan. I remember him kind of being a darling of the financial shows when he was in. Not saying he was just my recolections.

From knowing you, I don't see why you are relying on Billy Graham's associates and neoconservative operatives for objective info. You have your every right to dislike anyone you chose. And not give a rat's ass what I or anyone else thinks.

I can appreciate Obama's lack of experience. I believe that we cannot finance wars and bailouts without increases taxes on those who can best afford to pay, including you and me. We need some sort of health care reform--the insurance industry is not regulated nor subject to the normal checks and balances of other sectors. I distrust the large health carriers and the drug industry more than the fumbling and bumbling of government.

We will vote for different candidates and cancel out each other's votes. I hope that we will share a dinner and some laughter togehter after the election.

While not being a big fan of the UTube generation, this is a piece that I would like some feedback on from those that are left of center.

[url]www.youtube.com/watch?v=cLQU7uNR5bM[/url]

- Where are the inaccuracies?

- Why is this not being reported widely on the big 4 networks?

- As informed individuals, were you aware of this - or does it really matter?

For those that are still in the partisan attack mode - please attack me as a right of center "Independent" - I abandoned the Republican Party long ago!

99.9% Politicians = Dogs!

Hi Alan,

I must confess that I continue to be amused by the effort of many Republicans (or Independents) to assign complete blame to Fannie and Freddie for the housing debacle. God knows they are complicit in this mess, however there are many players that share responsibility. Primary among those, the banks who took advantage of near zero regulation and oversight to bundle mortgage debt and sell it around the world. It is well documented that this bad debt is the current culprit in the credit implosion. The SEC actually accepted some responsibility the other day for their lack of oversight. That lack of oversight by the SEC as well as other agencies led to irresponsible behavior all along the chain involved with the housing debacle. From real estate agents, underwriters, small and large banks, Fannie and Freddie et al. Every last one of them making hay while the sun was shining with no concern for anyone else but themselves.

Now the piper demands payment and the blame game is in full bloom. Certainly at any time of the year there would be accusations traded back and forth between the political parties. This is unfortunately what they both tend to do more often, and better, than anything else. With the election upon us, the political manuevering on these issues is, I would think, clear for all to see.

The uptake? Yes, Fannie and Freddie share the blame, along with an alarming number of other scoundrels. As for Fannie and Freddie's ties to any political party, I am sure they have been well connected to both, and there is increasing evidence of that. And, that should come as no surprise. Lobbying efforts by the big players are almost always focussed on as many politicians as possible, regardless of party affiliation. They do tend to hedge their bets in that area.;)

In addition, if we want to play the blame game, there is evidence that McCain's aide Rick Davis has been on the Fannie "payroll", in one form or another for a long time. And, not an insubstantial amont of money involved as well.

The upshot, there were alot of scumbags making money hand over fist during the formation of the real estate bubble, and the real smart ones found every possible method to increase their profit. Lack of governmental oversight allowed that to happen. Lack of oversight, yes, of Fannie and Freddie, as well as of ALL of the major and minor players. Focussing all the blame on Fanny and Freddie is indicative of either a lack of knowledge of the situation, or a blatant attempt to politicize the crisis. My 2 cents.

[QUOTE=Alan23]While not being a big fan of the UTube generation, this is a piece that I would like some feedback on from those that are left of center.

[url]www.youtube.com/watch?v=cLQU7uNR5bM[/url]

- Where are the inaccuracies?

- Why is this not being reported widely on the big 4 networks?

- As informed individuals, were you aware of this - or does it really matter?

For those that are still in the partisan attack mode - please attack me as a right of center "Independent" - I abandoned the Republican Party long ago!

99.9% Politicians = Dogs![/QUOTE]

[QUOTE=Alan23]While not being a big fan of the UTube generation, this is a piece that I would like some feedback on from those that are left of center.

[url]www.youtube.com/watch?v=cLQU7uNR5bM[/url]

- Where are the inaccuracies?

- Why is this not being reported widely on the big 4 networks?

- As informed individuals, were you aware of this - or does it really matter?

For those that are still in the partisan attack mode - please attack me as a right of center "Independent" - I abandoned the Republican Party long ago!

99.9% Politicians = Dogs![/QUOTE]Obama accepted something between 100k-200k of lobbying money (we all know that ENTIRE situation is corrupt from both sides) however Rick Davis John McCains campain manager took like 30k a month for 5 years (2.8 million) from Fannie and Freddy.

With the money being made by these and other lenders over that period of time it is beyond conceivable that a Pol exists in Washington that wasn't on the payroll from either party.

Alan this is the kind of finger pointing that really is wrecking the country in my opinion. You are a very smart guy who I respect a lot. You're not part of the rabid right just as I am not part of the loony left. How do we figure out how to DEMAND more from our leaders TOGETHER as passengers about to get in the life boat to save the ship before it sinks. Arguing about who drove the ship into the iceburg is not going to be the way to keep our asses out of the water.

Alan.

That information has been known forever.

The dynamics of this election are that about 50% of the voting population is bound and determined to vote for anybody but Bush / McCain. A balanced and even reporting of the candidates by the press is not going to happen in this election.

Obama is a person with a mountain of limitations but Obama is being presented as almost the next coming of Jesus or Mohammed.

You could have a video of Obama of screwing underaged children and it would not budge the 50% of the population that are going to vote against Bush / McCain.

What I find most interesting are the supporters of Obama who have comvinced themselves that Obama has all the personnal attributes of George Washington, Abraham Lincoln and John Kennedy all wrapped into one person.

In reality Oboma's shortcoming are astonishing but it will make no difference in this election. It seems inevitable that we are going to have a Obama presidency.

The best thing about an Obama presidency is that an Obama presidency couldn't be as bad as a Jimmy Carter presidency. At least I hope not.

Dogg,

We are in absolute agreement here on virtually every point you make. I would have added the homeowner / borrower to your list of contributors to this crisis (like maybe to the tune of 50% - a little personal responsibility please!

We have two guys in this race - both of whom I said I would never vote for. One has rightfully or wrongfully been labeled a "Bush-lackey" - with 4 more years of the last eight. The other guy is the leader of "Change", totally disassociated with all the recent happenings. We all know this isn't the case, where is the mainstream media? If McCain had accepted $126,000 in Freddie / Fannie contributions in just 4 years - the media would have been having a cow (McCain received $20k in 20+ years)

Besides needing better candidates we also need more responsible media, because it is obvious that the American people will buy into anything. Bush-Gore, Bush-Kerry, McCain-Obama! 300 million people and this is the best the country has to offer! We deserve the government we get, and also the media we tolerate.

Can we just fast-forward to 2016 and get this over with? Sadly, the choices will probably be no better then.

[QUOTE=El Alamo]Alan.

That information has been known forever.

The dynamics of this election are that about 50% of the voting population is bound and determined to vote for anybody but Bush / McCain. A balanced and even reporting of the candidates by the press is not going to happen in this election.

Obama is a person with a mountain of limitations but Obama is being presented as almost the next coming of Jesus or Mohammed.

You could have a video of Obama of screwing underaged children and it would not budge the 50% of the population that are going to vote against Bush / McCain.

What I find most interesting are the supporters of Obama who have comvinced themselves that Obama has all the personnal attributes of George Washington, Abraham Lincoln and John Kennedy all wrapped into one person.

In reality Oboma's shortcoming are astonishing but it will make no difference in this election. It seems inevitable that we are going to have a Obama presidency.

The best thing about an Obama presidency is that an Obama presidency couldn't be as bad as a Jimmy Carter presidency. At least I hope not.[/QUOTE]It's not Bush / McCain I'm voting against. I've told many people for many years that I could live with McCain, I won't vote for him but I could live with him. However the way he is pandering to the fundamentalist base has me worried now. Flip flopping on the torture issue, and choosing a running mate, that while strangely kind of hot, is as militantly fundamentalist as any of the Ayatollahs to name two SPECIFIC things.

Further I really thought the whole "'I'm not going to the debate because I have to go fix the country" to grab headlines and 15 seconds of news time when he knew, we knew he was going shows a willingness to treat you and l like idiots.

I'm interested in what these "Obama is a person with a mountain of limitations but Obama" limitations are. How specifically is Obama limited? I'm sorry but lack of experience involves covers both Candidates. Just about every former president says "nothing can prepare you for the Oval" so McCain shares the same lack of presidential experience as Obama.

I'm digging where the dialogue in this thread has been going the last two days. Reasonable questions, honest debate, knee jerkism not really showing up.

Without attacking my choice, ie. Non-specific generalized allegations of unworthiness ala Karl Rove (may his name be praised and Allah convert him to the liberal cause) but tell me why you think he doesn't belong. And please, seriously please, tell me how you can, with any amount of sober reflection, cast a vote that puts Sarah Palin in any office that is part of the succession to the Oval? This is not sarcasm I really mean that, I can't understand why she is not turning every neocon into Birkenstock wearing, long haired, freelove children of Berkley.

As far as why I support Obama, first I'm ardently Democratic as you are Republican so I have a predisposition to liking him. Second the list Badman posted the other day, I'm in support of 90% or so of his platform. I think it's time we got the fiscally responsible party back in charge of the House, Senate, and Executive so we can start trying to re balance the budget. The biggest deficits this country has ever had have been under Republican Administrations (not my opinion it's fact Bush #1 Ronnie #2) yet Republicans continue to talk about "Tax and Spend" Dems. Why your base hasn't caught onto this, and demanded more from the people you vote for is beyond my ability to comprehend. Of course Democrats raise taxes, somebody has to pay for 8 years of irresponsible spending.

I would lead the march to castrate anybody screwing kids.

You're a smart guy El Alamo, I look forward to reading your thoughts on these subjects. We won't ever convince each other to change our votes but the swing voters are still dangling, just like Rusty Wier's Wranglers. (private Texas reference)

[QUOTE=Alan23]Dogg,

We are in absolute agreement here on virtually every point you make. I would have added the homeowner / borrower to your list of contributors to this crisis (like maybe to the tune of 50% - a little personal responsibility please!

We have two guys in this race - both of whom I said I would never vote. One has rightfully or wrongfully been labeled a "Bush-lackey" - with 4 more years of the last eight. The other guy is the leader of "Change", totally disassociated with all the recent happenings. We all know this isn't the case, where is the mainstream media? If McCain had accepted $126,000 in Freddie / Fannie contributions in just 4 years - the media would have been having a cow (McCain received $20k in 20+ years)

Besides needing better candidates we also need more responsible media, because it is obvious that the American people will buy into anything. Bush-Gore, Bush-Kerry, McCain-Obama! 300 million people and this is the best the country has to offer! We deserve the government we get, and also the media we tolerate.

Can we just fast-forward to 2016 and get this over with? Sadly, the choices will probably be no better then.[/QUOTE]Jefferson opposed universal suffrage (yes among white people at the time) he thought that if everybody could vote then we would have "lowest common denomination politics" hence Bush / Gore Bush / Kerry McCain / Obama though I kind of like Obama (didn't like Gore or Kerry, I did like Dean though) We could have had Ron Paul, I liked him better than either McCain or Obama, but real innovators will never get beyond the primary's.

Jefferson was right, the least offensive wins.

[url]http://news.yahoo.com/s/livescience/howmuchis700billion[/url]

Exon

[QUOTE=Alan23]While not being a big fan of the UTube generation, this is a piece that I would like some feedback on from those that are left of center.

[url]www.youtube.com/watch?v=cLQU7uNR5bM[/url]

- Where are the inaccuracies?

- Why is this not being reported widely on the big 4 networks?

- As informed individuals, were you aware of this - or does it really matter?

For those that are still in the partisan attack mode - please attack me as a right of center "Independent" - I abandoned the Republican Party long ago!

99.9% Politicians = Dogs![/QUOTE]I've never seen this mentioned on CNN or MSNBC, but it has been reported on FOX News.

Exon, that's an example of their "Fair and Balanced" reporting you've often mocked.

Thanks,

Jackson

[QUOTE=Jackson]I've never seen this mentioned on CNN or MSNBC, but it has been reported on FOX News.

Exon, that's an example of their "Fair and Balanced" reporting you've often mocked.

Thanks,

Jackson[/QUOTE]I mean no personal slander to you personally.

But we all know your a "Fascist Republican Pig"

Exon

30k a month for 5 years is $1.8 million, not $2.8 million. Just sayin'. [b]Somebody's[/b] gotta do the accounting around here!

[QUOTE=Dickhead]30k a month for 5 years is $1.8 million, not $2.8 million. Just sayin'. [b]Somebody's[/b] gotta do the accounting around here![/QUOTE]The other million came from Freddy, I was using two different sources and combined Fanny and Freddy.

[QUOTE=Exon123]I mean no personal slander to you personally.

But we all know your a "Fascist Republican Pig"

Exon[/QUOTE]Exon,

This is a typical response that I've come to expect from liberals when they don't actually have an argument (like when they've painted themselves into a corner)

Personally, I've never felt compelled to call anyone a "Socialist Democratic Pig".

Thanks,

Jackson

[QUOTE=Jackson]Exon,

This is a typical response that I've come to expect from liberals when they don't actually have an argument (like when they've painted themselves into a corner)

Personally, I've never felt compelled to call anyone a "Socialist Democratic Pig".

Thanks,

Jackson[/QUOTE]That you tend to not respond when you have been painted into the corner. You're a pretty rabid Republican, any thoughts on Palin? If the radicalism of Rev Wright was fair game what about her personal belief that God is preparing Alaska as a refuge for the faithful to live in after the Apocalypse? Not here to judge another persons beliefs but having lots and lots of experience with strict christian fundamentalists her beliefs are scary stuff indeed for a chief executive with nuclear weapons brother.

[QUOTE=Jackson]Exon,

This is a typical response that I've come to expect from liberals when they don't actually have an argument (like when they've painted themselves into a corner)

Personally, I've never felt compelled to call anyone a "Socialist Democratic Pig".

Thanks,

Jackson[/QUOTE]Jackson,

I don't mind in the least being called a "Socialist Democratic Pig", I'd ware that badge with honnor. You see I'm going to hang around here making my dick suffer until after November 4th so I can vote for "Freedom". I want the "Black Man To Live In The White House". Then I'm going to Argentina and find some good "Relax" for my dick.

How this discussion started was over FOX New's and its "Fair & Balanced" broad casting, your favorite channel.

To answer Alan 23, "Its Not New's Worthy", its typical shit you find on FOX. FOX News make's its money on "Right Wing Republican" sensationalism bull shit, Jackson's favorite. Anyone with a brain knows any politican will take money from any CockSucker thats dumb enough to give it to them. And when its made public that the CockSucker is dirty and he stole the money he's giving away, they disavow the CockSucker, saying I hardly knew the MotherFucker and I'm giving the money to charity.

But the key to my argument Jackson is "Fascist". You see you can't be a Fascist and a "Socialist Democratic Pig" all at the same time. Your a Fascist Republican and want to dictate your values to the mass's, I'm a Socialist Democrat and want everyone be able to pursue their own way in life.

In fact I'd bet if we didn't have any Republican's up here, only Democrat's we'd have legalized prostitution. And American women would then have to start acting like women if they wanted to keep their man. Think about that for a second.

But we do have one thing in common in watching FOX New's, we both like that little screw ball Dick Morris. You like him because he hate's the Clinton's and I like him because he's a disgraced Monger that was raised from the dead, poor little bastard. No one should be treated the way he was for fucking a prostitute.

Words of Wisdom from.

Exon

[QUOTE=Daddy Rulz]That you tend to not respond when you have been painted into the corner. You're a pretty rabid Republican, any thoughts on Palin? If the radicalism of Rev Wright was fair game what about her personal belief that God is preparing Alaska as a refuge for the faithful to live in after the Apocalypse? Not here to judge another persons beliefs but having lots and lots of experience with strict christian fundamentalists her beliefs are scary stuff indeed for a chief executive with nuclear weapons brother.[/QUOTE]You're the one that just painted yourself into a corner. Palin never said that, the pastor of her church did. That's ironic -- if Republicans criticize Obama's pastor for his racist beliefs they're unfair. And I think maybe they are being unfair. But is it fair to attribute words to Palin she never said?

Palin may be better qualified to run the U. S. A. Than Obama, McCain or Biden. Those three spent most of their careers as legislators, where their primary function is debating. They've never managed anything, be it a business, a government department, a state or a city. Palin is running Alaska, and her approval ratings among voters are sky high.

I'd wager that if you ask Republicans our age who the best president during their lifetime was, the majority would say Ronald Reagan. And Democrats would say Bill Clinton. What these two had in common -- they were governors. Like Palin, they actually did something before becoming president besides debating.

I do expect she's going to get her ass kicked tonight though -- she hasn't spent her entire lifetime spouting political B.S. like Biden.

[QUOTE=Tiny12]You're the one that just painted yourself into a corner. Palin never said that, the pastor of her church did. That's ironic -- if Republicans criticize Obama's pastor for his racist beliefs they're unfair. And I think maybe they are being unfair. But is it fair to attribute words to Palin she never said?

Palin may be better qualified to run the U. S. A. Than Obama, McCain or Biden. Those three spent most of their careers as legislators, where their primary function is debating. They've never managed anything, be it a business, a government department, a state or a city. Palin is running Alaska, and her approval ratings among voters are sky high.

I'd wager that if you ask Republicans our age who the best president during their lifetime was, the majority would say Ronald Reagan. And Democrats would say Bill Clinton. What these two had in common -- they were governors. Like Palin, they actually did something before becoming president besides debating.

I do expect she's going to get her ass kicked tonight though -- she hasn't spent her entire lifetime spouting political be. S. Like Biden.[/QUOTE]You need to watch the video again, she does indeed say it.

Daddy Ruiz,

I did watch it on CNN, and it's the preacher that says it, not Palin. I couldn't find any mention in the press that she said that.

[QUOTE=Tiny12]Daddy Ruiz, I did watch it on CNN, and it's the preacher that says it, not Palin. I couldn't find any mention in the press that she said that.[/QUOTE]I will watch it again, perhaps I am in error. I will wager a Fugazetta con Jamon and dos cocas at El Quartito. Do I have a bet?

[QUOTE=Daddy Rulz]I will watch it again, perhaps I am in error. I will wager a Fugazetta con Jamon and dos cocas at El Quartito. Do I have a bet?[/QUOTE]Watch out Daddy, Tiny may get you on a technicality if you don't spell it Cuartito!

[QUOTE=Doggboy]Watch out Daddy, Tiny may get you on a technicality if you don't spell it Cuartito![/QUOTE]Stand corrected, the fuggen pizza place on Talcuahano off of Santa Fe. Yes Talcuahano is mis-spelled.

Why won't Sarah answer the questions the moderator is asking?

Can I go back to energy, can I go back to energy?

[QUOTE=Daddy Rulz]I will watch it again, perhaps I am in error. I will wager a Fugazetta con Jamon and dos cocas at El Quartito. Do I have a bet?[/QUOTE]Daddy Ruiz, Unfortunately it's unlikely I'll be in Buenos Aires this year. How about this bet instead. If you win I'll stand on a busy street corner and yell "I want to fuck Sarah Palin" at the top of my lungs ten times. If I win then next time you're back in the USA you yell "I want to fuck Joe Biden" ten times. Deal?

Edit: Oops, sorry, you already checked out the video. I'll accept the Fugazetta instead.

[QUOTE=Tiny12]Daddy Ruiz, Unfortunately it's unlikely I'll be in Buenos Aires this year. How about this bet instead. If you win I'll stand on a busy street corner and yell "I want to fuck Sarah Palin" at the top of my lungs ten times. If I win then next time you're back in the USA you yell "I want to fuck Joe Biden" ten times. Deal?

Edit: Oops, sorry, you already checked out the video. I'll accept the Fugazetta instead.[/QUOTE]I am in SP. But I wanna spoog on Sarah. You can fuck Joe.

I watched the video before I posted.

Seemed both fair and balanced, used in it's original pre Fox news meaning. Exposing deception and prevarication from all candidates.

[url]http://www.factcheck.org/elections-2008/the_whoppers_of_2008.html[/url]

Side note, they said they usually wait until closer to the election to publish the "Whopper list" but that both parties have been playing so fast and loose with the truth they decided to do it early.

Where can I check "none of the above?"

I am curious to know if you have ever had an original thought in your head, or if you just obtain and post random thoughts from other people. I do realize the latter is considerably easier.

I didn't think it was feeble. In Texas those woulda been fighten words for sure.

How come all of the McCain / Palin guys never have anything good to say about McCain / Don't bother me with the facts Sarah? All they ever do is spew misleading rhetoric about how bad Obama is.

He will turn the White House into a Mosque.

His wife is into white guys.

His preacher blows Quadafi.

If he gets elected all white women will be required to have at least one extra marital affair with a crack dealer.

He will change the phrase on the money to "Insha Allah."

Blah, blah fucking blah.

It is because they are scared DR,

Obama will win. Nuff said.

Regards,

BM.[QUOTE=Daddy Rulz]How come all of the McCain / Palin guys never have anything good to say about McCain / Don't bother me with the facts Sarah? All they ever do is spew misleading rhetoric about how bad Obama is.[/QUOTE]

[QUOTE=Katie Couric]Why isn't it better, Gov. Palin, to spend $700 billion helping middle-class families who are struggling with health care, housing, gas and groceries; allow them to spend more and put more money into the economy instead of helping these big financial institutions that played a role in creating this mess?[/QUOTE][QUOTE=Sarah Palin]That's why I say I, like every American I'm speaking with, we're ill about this position that we have been put in where it is the taxpayers looking to bail out. But ultimately, what the bailout does is help those who are concerned about the health-care reform that is needed to help shore up our economy, helping the -- it's got to be all about job creation, too, shoring up our economy and putting it back on the right track. So health-care reform and reducing taxes and reining in spending has got to accompany tax reductions and tax relief for Americans. And trade, we've got to see trade as opportunity, not as a competitive, scary thing. But one in five jobs being created in the trade sector today, we've got to look at that as more opportunity. All those things under the umbrella of job creation. This bailout is a part of that.[/QUOTE]WTF?

They gave her a list of responses whatever the question she answers it with one of five or so resposes.

Can I get back to energy.

Barak Obama voted 95 times to raise taxes on the middle class.

Just like John McCain I've always been a maverick.

Barak Obama voted no to spending the money to support the troops.

We have to rein in spending (says the mayor that left her city 20 million in debt for a hockey rink)

She can however see Russia and I do still want to give her a facial.

[QUOTE=Sidney]The Jewish Liar's bullshit oratory will convince the financial community that all is ok! He will lead us to the ''promised land''! But, sometimes I get confused? Are the markets down partly because of his possible election? But then, I remember Shalom Mccain's prophecy--

''He will bring Change by not second guessing Israel ''![/QUOTE]ORLY?

Regards,

BM.

Mongers,

Actually, the US dollar is gaining strength in part because of the high probability of Barack Obama's election, a trend I predicted 6 months ago or so when the US Dollar passed $1.50 to the Euro. After Obama's election, the US Dollar will recover further against all world currencies as he stops pissing away the big bucks in Iraq, raises taxes on the fascist republican pigs, and the US economy starts to recover. I predict that by the end of Obama's 2nd year in office, we will see the US Dollar / Euro within 5%-10% parity. The majority of people who are viciously anti-Obama are either the extremely wealthy who do not want to pay more taxes or ignorant redneck rascist types who simply cannot imagine having a black man in the white house.

Suerte,

Rock Harders

[QUOTE=Sidney]The Muslim Liar's bullshit oratory will convince the financial community that all is ok! He will lead us to the ''promised land''! But, sometimes I get confused? Are the markets down partly because of his possible election? But then, I remember Musliah's prophecy--

''He will bring Change''![/QUOTE]He's not a Muslim, you know he's not, it's makes you look like a fucking idiot every time you call him one.

Of course the markets are down because of his possible election, historically the economy and markets sag before the election when there is no incumbent in the race.

Then of course the whole sub prime thing. I wonder if those guys in charge of that fiasco (who are now running like bitches to get their money back like bad poker players who shoved everything into a pot when they were drawing dead) vote Red or Blue? Hmmm big money Wall Street guys. Red, blue.