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piezoe
Registered: Jan 2006
Posts: 4922 |
09-14-12 04:35 PM
Quote from logic_man:
Man, it just kills you people that somewhere, someone is making a dollar and you're not getting a taste.
If you people put as much effort into making your own money as you do into getting a cut of others', the sky's the limit. If someone told me as a child that adults are willing to misdirect this much of their energy, I would have gone wide-eyed with incredulity.
You're a sick man. I hope your paying into medicare. Your going to need it.
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piezoe
Registered: Jan 2006
Posts: 4922 |
09-14-12 05:45 PM
Quote from MKTrader:
... So you replied with four red herring-littered paragraphs...
OK, so I got caught.
Seriously though, take a look at Fed action late 2003 and the S&P then. We had been in recession and by November 2003 the S&P was going up and it appeared as though recovery was well underway. We were going into the mid term election coming up in Nov. 2004. The Fed already had the discount and Fed funds rate very low. In spite of evidence that we had turned the corner and recovery had begun, Greenspan surprised a lot of people by taking the discount and Fed funds rate (in November 2003, if memory serves me right) from already very low levels to still lower levels, historically low as a matter of fact! Why? Most were expecting sit on hands, or even a 25 basis point increase. Why lower? Now, that was 12 months before the election, not 2 as in the present case, nevertheless. But I do recall that by late 2003 questions regarding the wisdom of invading Iraq had already surfaced and it was by no means certain Bush would survive the mid term election. As it turns out Bush won an outright majority of the popular vote in Nov 2004 by the slimmest margin in U.S. Presidential election history, something a little over 2 % -- that's if you don't count the elections where the winner actually lost the popular vote.
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logic_man
Registered: Oct 2010
Posts: 1489 |
09-14-12 06:11 PM
Quote from piezoe:
You're a sick man. I hope your paying into medicare. Your going to need it.
Well my definition of "sick" is someone who looks at what others has and says "I deserve some of that" despite not putting in any of the effort to acquire it.
One of the few places in the Old Testament where an idea is forbidden, rather than an action, is in the commandment against coveting. Those old Hebrews knew that even the idea that you deserve some of something someone else has is poison to society. I'll take that advice over the rantings of a pseudo-intellectual like you.
As for Medicare, at the end of the day, it's yet another Ponzi scheme. The reason "everyone loves Medicare" is that everyone gets out more than they put in.
Yeah, that's sustainable.
If you only understood how retarded you sound from the perspective of history, you'd either do a 180 with your thinking or shut your piehole.
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TGregg
Moderator*
Registered: Jan 2002
Posts: 7086 |
09-26-12 02:03 PM
Quote from Tsing Tao:
Personally, I like Bennie and the Inkjets.
Oh, I am so stealing that name. Nice. 
Moving to P&R.
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