Politics
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- ********0
Mr. Obama is a man of supple intelligence, with a nuanced grasp of complex issues and evident skill at conciliation and consensus-building. At home, we believe, he would respond to the economic crisis with a healthy respect for markets tempered by justified dismay over rising inequality and an understanding of the need for focused regulation. Abroad, the best evidence suggests that he would seek to maintain U.S. leadership and engagement, continue the fight against terrorists, and wage vigorous diplomacy on behalf of U.S. values and interests. Mr. Obama has the potential to become a great president. Given the enormous problems he would confront from his first day in office, and the damage wrought over the past eight years, we would settle for very good.
- http://www.washingto…********
- Rhetoric, rhetoric, rhetoric. What in his history makes you think this? Name something!********
- His campaign for president for starters********
- http://www.washingto…
- kezza_20
They are both shit as far as im concerned, 4 more years of fuck ups whom ever you choose.
- And yet one will be president and one will try to accomplish what he says he will and your life will be effected.********
- what is shit about obama?hallelujah
- no experience what so ever from where im sat. Because he's eloquent that somehow has made him viablekezza_2
- eloquence is no longer a virtue? Buffoonery and incoherence somehow equated to wisdom? but that standrard: W.********
- standard I give ; W********
- you mean 'affected'********
- And yet one will be president and one will try to accomplish what he says he will and your life will be effected.
- ********0
kezza_2.
Would you like your shit sandwhich on rye or white bread Sir?
- how about a frozen baguette for you, Mr so so clever?********
- grow upkezza_2
- how about a frozen baguette for you, Mr so so clever?
- ukit0
http://www.nytimes.com/2008/10/1…
Buy American. I Am.
By WARREN E. BUFFETTTHE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary.
So ... I’ve been buying American stocks. This is my personal account I’m talking about, in which I previously owned nothing but United States government bonds. (This description leaves aside my Berkshire Hathaway holdings, which are all committed to philanthropy.) If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities.
Why?
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.
Let me be clear on one point: I can’t predict the short-term movements of the stock market. I haven’t the faintest idea as to whether stocks will be higher or lower a month — or a year — from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.
A little history here: During the Depression, the Dow hit its low, 41, on July 8, 1932. Economic conditions, though, kept deteriorating until Franklin D. Roosevelt took office in March 1933. By that time, the market had already advanced 30 percent. Or think back to the early days of World War II, when things were going badly for the United States in Europe and the Pacific. The market hit bottom in April 1942, well before Allied fortunes turned. Again, in the early 1980s, the time to buy stocks was when inflation raged and the economy was in the tank. In short, bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price.
Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
You might think it would have been impossible for an investor to lose money during a century marked by such an extraordinary gain. But some investors did. The hapless ones bought stocks only when they felt comfort in doing so and then proceeded to sell when the headlines made them queasy.
Today people who hold cash equivalents feel comfortable. They shouldn’t. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value. Indeed, the policies that government will follow in its efforts to alleviate the current crisis will probably prove inflationary and therefore accelerate declines in the real value of cash accounts.
Equities will almost certainly outperform cash over the next decade, probably by a substantial degree. Those investors who cling now to cash are betting they can efficiently time their move away from it later. In waiting for the comfort of good news, they are ignoring Wayne Gretzky’s advice: “I skate to where the puck is going to be, not to where it has been.”
I don’t like to opine on the stock market, and again I emphasize that I have no idea what the market will do in the short term. Nevertheless, I’ll follow the lead of a restaurant that opened in an empty bank building and then advertised: “Put your mouth where your money was.” Today my money and my mouth both say equities.
- he can afford it********
- This is a great time to buy no matter how much you're able to invest...IRNlun6
- he can afford it
- TheBlueOne0
18 days.....
- locustsloth0
Does anyone honestly think that either of these men are going to conduct their presidency the way they say they are? Half of the things either of them say they want to accomplish either won't get done or will be so distorted by the time they see actualization that they'll scarcely resemble the rhetoric.
This is not to say that one shouldn't pay attention and vote for who they align with more on the issues. i guess this whole election cycle has just made me distrustful of anyone in an elected office.- < Truth.tommyo
- Bingo!********
- Bingo! That's my point about the sh*t sammich.********
- god help me. JazX and tommyo agreed with me. :Dlocustsloth
- red rover red rover send locustsloth on over.tommyo
- LOLlocustsloth
- kezza_20
But seriously, I look at the list of presidents you vote in:
Inbred warmongering idiot
Sleezy sex fiend who may or may not have raped someone
Inbred warmongering idiot's dad
Old actor who fancied Thatcher
Et infinitum....If you look back at Rome, they had a run of great Ceasars who expanded their empire and made life good, then they had a run of 5 who were shit, starting with Nero that pretty much ended their reign as an Empire.
Kind of think The US has done the same thing, the people placed into power are just plain bad. None of the last 3 presidents or any of the 2 current candidates, would get a job as CEO of a top 50 corporation. The people running the most powerful country in the world, just frankly aren't the best people for the job.
Which brings me to why neither of the current candidates will change your predicament:
McCain, I actually think isn't a complete idiot, but COME ON he's 72 and loosing it. When Churchill won his second term at the same age he lasted like 18 months. It's a tough gig that he just won't be able to do. That and he's a wee bit angry for my liking. Ex-Military people should NEVER, NEVER EVER become leading politicians.
Obama is cool as fuck, good looking, smooth, but come on, no experience really. Not like running a bar or something. The only reason he is in that position is because he was the most eloquent in the democrat campaign, not because he was the best person for the job.
Which I think (in my small little mind) exemplifies why the USA is fucked, they don't vote in or even shortlist the best people for the job, they choose the person they like. Personality politics will ruin you, and what's worse it's coming to Europe.
We have career politicians everywhere. For fuck sake we have a 20 year old MP in the UK. Sarkozy thinks he's fucking personality who can sort the world out with a bit of charm. The Labour party in the the UK has 400 MPs of whom only 7 have ever had a manual job. SEVEN!!!
People who want to be politicians should never be allowed to be one, I kind of get the impression that the kids at school who wanted to be prefects have ended running the world.
- Caesar was dictator for less than 50 days.********
- There were more capsize.TheBlueOne
- True, Sulla was dictator but as a rule dictators were temporary by law and in emergency situations.********
- Octavian simply avoided the issue by becoming Caesar Augustus. A whole different category. no more SPQR********
- http://en.wikipedia.…********
- You forgot Jimmy Carter the Peanut farmer. HAHAHHA!********
- Whip Inflation Now********
- Caesar was dictator for less than 50 days.
- TheBlueOne0
"If you look back at Rome, they had a run of great Ceasars who expanded their empire and made life good..."
"Ex-Military people should NEVER, NEVER EVER become leading politicians."
Sense. This makes none.
- Some say Octavian was mad, but he did a lot for Rome. http://en.wikipedia.…********
- including exiling good poets like Ovid and lionizing propagandists like Virgil********
- Some say Octavian was mad, but he did a lot for Rome. http://en.wikipedia.…
- ********0
- TheBlueOne0
"Palin also made a point of mentioning that she loved to visit the "pro-America" areas of the country, of which North Carolina is one. No word on which states she views as unpatriotic."
- she's a pro kinda gal********
- That would be Alaska.DCDesigns
- she's a pro kinda gal
- ********0
- If April 24th 1980 happened differently Carter would've been viewed very differentlyTheBlueOne
- BRNK0
The amount of thinly veiled racism that this election has uncovered is incredibly sad and completely unsurprising. It's a sad day when presidential elections serve as little more than divisive outlets for the shrill, uneducated or misleading screams of those who would seek to divide and manipulate their country rather than serve it.
We all fall prey to this trap. If we call for the death of a political candidate over their skin color or religious beliefs, how can we even pretend to be capable of bringing peace to the middle east. If this is who we really are as a country, we are on equal footing with those who kill each other over disputes over who qualifies as true prophets of Islam.
- ********0
In Western Pennsylvania, Democrats have enjoyed quite the success since the Robber Barrons, http://en.wikipedia.org/wiki/Rob…), took over. In recent history, people have voted for the Democrats, but we've never had a black mayor or even close to one and only one female mayor. We'll see if the Dems here can put their money where their mouth is. Socially conservative; Monetarily Liberal. Hmm... PA is up for grabs.
- ukit0
Hooray for racism and voter suppression!
- TheBlueOne0
Nice.
"The latest newsletter by an Inland Republican women's group depicts Democratic presidential candidate Barack Obama surrounded by a watermelon, ribs and a bucket of fried chicken, prompting outrage in political circles."
http://www.pe.com/localnews/inla…
- kezza_20
so why the donkey and the elephant?
- tommyo0
I'm pretty saddened by all the race crap too. I really thought that a majority of people in this country were past that stage. I know that all we're seeing are little soundbites, and I know it isn't fairly representative, but still. Did you guys see that the media now dug up some information that McCains relatives WAY down the line were slave owners? Why does the media even bring it up? It makes no difference and all it does is incite more racism. It's fucking embarrassing that in 2008 race is still an issue. I blame OJ.
- ********0
what's interesting is that their frustration and weakness is open and public which I take to be a good thing unlike covenants and the like. So someone shows themselves to be crude and racist in public? The power those sad people have is diminishing by the minute and it shows. They become thrown in with the flatearthers, the bimetalists, etc. laughable and irrelevant. The country is moving forward to be what it is.
