now that the elections are over
greatnortherncoin
Posts: 412
what will happen to gold and silver, will the price drop or go up ?
dont send sheep to kill a wolf...
0
Comments
Then we're off to 1650 in 2011.
<< <i>what will happen to gold and silver, will the price drop or go up ? >>
Both.
Neither.
I have no idea.
``https://ebay.us/m/KxolR5
–John Adams, 1826
Nothing has changed!
We just perceive that there will be changes and we are always wrong.
(Bloomberg)—The Obama administration cut taxes for middle-class Americans, expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks and has overseen an economy that has grown for the past four quarters.
Most voters don't believe it.
A Bloomberg National Poll conducted Oct. 24-26 finds that by a two-to-one margin, likely voters in the Nov. 2 midterm elections think taxes have gone up, the economy has shrunk, and the billions lent to banks as part of the Troubled Asset Relief Program won't be recovered.
Business Week
<< <i>What's bad is that so many made voting and financial decisions on bad information.
(Bloomberg)—The Obama administration cut taxes for middle-class Americans, expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks and has overseen an economy that has grown for the past four quarters.
Most voters don't believe it.
A Bloomberg National Poll conducted Oct. 24-26 finds that by a two-to-one margin, likely voters in the Nov. 2 midterm elections think taxes have gone up, the economy has shrunk, and the billions lent to banks as part of the Troubled Asset Relief Program won't be recovered.
Business Week >>
Spin, spin, spin................MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
try the same with unemployment, foreclosures, goverment debt ...pretty sure headlines with those in it would not be very rosy at all.
Groucho Marx
Tariff on all imports
Extend Bush tax cuts
Remove government business regulations
Lower all small business taxes
Reform health care bill
End NAFTA
Secure the borders
Roll back government spending to 2004
If we do these things....... happy days are here again, PERIOD
Er......
<< <i>That's right! Fire government employees!!!! >>
People are angry but they are not really sure who to be angry with.No one is
able to tell us, how to get out of the fix we are in. We have to cut spending but no one
wants to cut the perks each of us enjoys. The only thing that makes any sense to me is
collecting good old USA 90% silver coins. These coins represent what America used to stand for.
Honest money, good jobs, politicians that cared about the Nation and the dream of a better life
for ourselves and our kids. 90% silver coins, when money was real and honest and true.
Camelot
Specifically, what tax has been cut? Income taxes have remained the same this year, but other taxes have increased. I know for a fact that the business mileage deduction was decreased - that is a fact that I can verify as a tax increase. All the rest of the rhetoric is meaningless until you do the numbers. There aren't any new tax tables that I've seen - has anyone? The short & long of it is that we pay a slew of taxes besides federal income tax, and until the analysis is constructed across the entire tax spectrum, talk about a tax decrease or a tax increase is meaningless.
expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks
Much depends on the accounting methodology for the so-called "profit". The FASB allowed banks to value worthless assets at full value regardless of the fact that nobody would buy them at any price, and the banks were allowed to report all of the worthless assets at 100% of stated value, basically allowing them to commit accounting fraud on a massive scale. The cash infusion from TARP allowed the big bands to pocket record bonuses though, in spite of being lousy businessmen. And they aren't making the loans that TARP was intended to allow them to make. Yep, it was a real successful move. And that wasn't an Obama program anyway - it was Bush and Paulsen - just so that you don't think I'm picking on one party or the other.
has overseen an economy that has grown for the past four quarters.
Why are unemployment benefits being extended again, and again, and again - if the economy is doing so well? Health care costs have gone UP! Tax revenues have gone DOWN! Commodity prices are going through the roof! I'm a bit lost in my understanding of how the economy is growing. Please help me out here. Is that why they decided to throw more QE at the problem - because a growing economy needs more "stimulus"? Why would it need $900 Billion in new "stimulus" if it is growing?
Americans don't like being told that they "don't understand" when they actually do understand, and they don't need it to be "explained" to them "more clearly" 8 times a week by a politician with an agenda. That's just plain insulting to most Americans, and the recent election results might be taken as a small clue of what the people are actually thinking.
I knew it would happen.
<< <i>The Obama administration cut taxes for middle-class Americans
Specifically, what tax has been cut? Income taxes have remained the same this year, but other taxes have increased. I know for a fact that the business mileage deduction was decreased - that is a fact that I can verify as a tax increase. All the rest of the rhetoric is meaningless until you do the numbers. There aren't any new tax tables that I've seen - has anyone? The short & long of it is that we pay a slew of taxes besides federal income tax, and until the analysis is constructed across the entire tax spectrum, talk about a tax decrease or a tax increase is meaningless.
expects to make a profit on the hundreds of billions of dollars spent to rescue Wall Street banks
Much depends on the accounting methodology for the so-called "profit". The FASB allowed banks to value worthless assets at full value regardless of the fact that nobody would buy them at any price, and the banks were allowed to report all of the worthless assets at 100% of stated value, basically allowing them to commit accounting fraud on a massive scale. The cash infusion from TARP allowed the big bands to pocket record bonuses though, in spite of being lousy businessmen. And they aren't making the loans that TARP was intended to allow them to make. Yep, it was a real successful move. And that wasn't an Obama program anyway - it was Bush and Paulsen - just so that you don't think I'm picking on one party or the other.
has overseen an economy that has grown for the past four quarters.
Why are unemployment benefits being extended again, and again, and again - if the economy is doing so well? Health care costs have gone UP! Tax revenues have gone DOWN! Commodity prices are going through the roof! I'm a bit lost in my understanding of how the economy is growing. Please help me out here. Is that why they decided to throw more QE at the problem - because a growing economy needs more "stimulus"? Why would it need $900 Billion in new "stimulus" if it is growing?
Americans don't like being told that they "don't understand" when they actually do understand, and they don't need it to be "explained" to them "more clearly" 8 times a week by a politician with an agenda. That's just plain insulting to most Americans, and the recent election results might be taken as a small clue of what the people are actually thinking. >>
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