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Liberty News ForumLNF Forums HereEconomics, Financial News › Remember when people were screaming about that stock market meltdown a few months ago
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Very Hot Topic (More than 25 Replies) Remember when people were screaming about that stock market meltdown a few months ago (Read 5,580 times)
Elmer Fudd
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #50 - Mar 17th, 2016 at 9:34pm
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Seawolf wrote on Mar 17th, 2016 at 9:20pm:
The root of our problem is not taxes, it is spending.  That is the root of our debt.  It's time we start seriously slashing government spending to reign in our debt.  You don't need a degree to understand this. 


Nor do you need a degree to understand that from 1945 to about 1960 the USA whittled its debt to GDP ratio from over 100% to well below 100% despite high marginal tax rates that republicans, some of whom did not have degrees, either, left in place because they were not partisan hacks.  Nor do you need a degree to know that tax cuts, while maybe good for the economy, are not good ways to reduce that debt to GDP ratio even if you do cut spending.  Better to leave income alone and reduce outgo, but certainly cutting income and leaving outgo as is is stupid.  But that's "Reaganomics" at its root.

I am willing for anything to be cut.  I will eat the same s#!t everybody else has to eat.  I do not want to be treated any better or any worse than anybody else similarly situated.  So I say, have at it.  Tell Ted where you want cuts.  Not me.
  

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Paul Ryan on Trump's failure to get his healthcare bill passed:  "He did all he could do.  He left it all on the field."

Elmer's observation:  "Other things on his agenda might not be as easy to accomplish as he once thought.  I mean, "he left it all on the field" and STILL LOST!"
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #51 - Mar 17th, 2016 at 9:44pm
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Go Stars!!!  No more time for useless chatter, hockey game in progress.
  


"Without morals a republic cannot subsist any length of time; they therefore who are decrying the Christian religion, whose morality is so sublime and pure (and) which insures to the good eternal happiness, are undermining the solid foundation of morals, the best security for the duration of free governments."

Charles Carroll, signer of the DOI
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #52 - Mar 17th, 2016 at 9:51pm
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Seawolf wrote on Mar 17th, 2016 at 9:44pm:
Go Stars!!!  No more time for useless chatter, hockey game in progress. 


May the best team win!
  

non sumus stulti

"That's MISTER Fudd to you, pinhead!"

Paul Ryan on Trump's failure to get his healthcare bill passed:  "He did all he could do.  He left it all on the field."

Elmer's observation:  "Other things on his agenda might not be as easy to accomplish as he once thought.  I mean, "he left it all on the field" and STILL LOST!"
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Seawolf
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #53 - Mar 17th, 2016 at 9:58pm
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Elmer Fudd wrote on Mar 17th, 2016 at 9:51pm:
May the best team win!

Getting in to the final games of the season, looking forward to them making the playoffs.  .
  


"Without morals a republic cannot subsist any length of time; they therefore who are decrying the Christian religion, whose morality is so sublime and pure (and) which insures to the good eternal happiness, are undermining the solid foundation of morals, the best security for the duration of free governments."

Charles Carroll, signer of the DOI
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #54 - Mar 17th, 2016 at 10:09pm
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Seawolf wrote on Mar 17th, 2016 at 9:58pm:
Getting in to the final games of the season, looking forward to them making the playoffs.  . 


Never have watched much hockey, but looks like a good game.  I hope your team wins.  And I will also say this: while I do have a couple of degrees and some professional certifications (CPA being one), I have learned in my nearly 70 years on this planet that the only difference you can be sure of between a fellow who has a degree and one who does not is that one of them has a degree.  I know lots of degreed people who just don't cut it.  A person with at least average intelligence can get most any degree he wants if he's willing to hang around a school long enough, pay enough money, and do a reasonable amount of work.  And a person without a degree can self educate well beyond levels attained by some degreed folks if he has an open enough mind, reads enough, and can remember at least some of it.
  

non sumus stulti

"That's MISTER Fudd to you, pinhead!"

Paul Ryan on Trump's failure to get his healthcare bill passed:  "He did all he could do.  He left it all on the field."

Elmer's observation:  "Other things on his agenda might not be as easy to accomplish as he once thought.  I mean, "he left it all on the field" and STILL LOST!"
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Seawolf
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #55 - Mar 17th, 2016 at 10:19pm
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Elmer Fudd wrote on Mar 17th, 2016 at 10:09pm:
Never have watched much hockey, but looks like a good game.  I hope your team wins.  And I will also say this: while I do have a couple of degrees and some professional certifications (CPA being one), I have learned in my nearly 70 years on this planet that the only difference you can be sure of between a fellow who has a degree and one who does not is that one of them has a degree.  I know lots of degreed people who just don't cut it.  A person with at least average intelligence can get most any degree he wants if he's willing to hang around a school long enough, pay enough money, and do a reasonable amount of work.  And a person without a degree can self educate well beyond levels attained by some degreed folks if he has an open enough mind, reads enough, and can remember at least some of it.

It's a great game/
  


"Without morals a republic cannot subsist any length of time; they therefore who are decrying the Christian religion, whose morality is so sublime and pure (and) which insures to the good eternal happiness, are undermining the solid foundation of morals, the best security for the duration of free governments."

Charles Carroll, signer of the DOI
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Phillip 2.0
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #56 - Mar 18th, 2016 at 3:46am
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Rabbit_Reborn wrote on Mar 17th, 2016 at 8:51pm:
I didn't think the US govt and fed were willing to keep interests rates low for so long. The market started tanking when they barely raised rates and promised to raise them 4 times in 2016. Now, the fed is singing a much more dovish tune. I wonder why that is?

Why didn't they raise rates again this month?

Why do they remain well below historic averages?




You are ignoring, of course, they are still going to raise them this year. If our economy and the stock market are built on QE and low interest rates, why is impending doom now setting down upon us now that QE has ended and they have made plans to raise the rates?
  
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #57 - Mar 18th, 2016 at 6:01am
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Phillip 2.0 wrote on Mar 18th, 2016 at 3:46am:
You are ignoring, of course, they are still going to raise them this year. If our economy and the stock market are built on QE and low interest rates, why is impending doom now setting down upon us now that QE has ended and they have made plans to raise the rates?


The fed did make promises to raise rates this year.

Yet they didn't raise them for this most recent quarter.

They had the opportunity, and failed to do so.

Why?

And if the market prices in a hawkish fed for the year, and it suddenly realized they are more dovish than expected, what impacts will there be on the market?

So why didn't the fed raise rates this quarter?
  

BowHunter wrote on Feb 3rd, 2017 at 5:08pm:
I am no longer indulging assholes.
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #58 - Mar 18th, 2016 at 10:26am
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Quote:
Skippy ran off to make his next 50 bucks and gloat about it anyway. Wink


I got mine Slick, get yours.

I got a Chrysler after the bailout.  Still got it.  I got mine, get yours.
I got a new house when the Fed lowered interest rates.  Got it refinanced even lower several years later.  I got mine, get yours.
My 401K was going down under Bush and has been coming back nicely under Obama.  I got mine, get yours.
I got laid off under Bush but got a very lucrative new position when Obama hit town.  I got mine, get yours.
Oh, and Mama just got a new GL450 Mercedes.  She got her's, get yours.

So, if all you did for the last seven years since Obama hit town was go on the internet and complain, what can I say...

Tough titties....

Greg
  

&&&&"You want the TRUTH? You can't handle THE TRUTH!!"
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Dante
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Re: Remember when people were screaming about that stock market meltdown a few months ago
Reply #59 - Mar 19th, 2016 at 9:19am
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Greg55_99 wrote on Mar 18th, 2016 at 10:26am:
I got mine Slick, get yours.

I got a Chrysler after the bailout.  Still got it.  I got mine, get yours.
I got a new house when the Fed lowered interest rates.  Got it refinanced even lower several years later.  I got mine, get yours.
My 401K was going down under Bush and has been coming back nicely under Obama.  I got mine, get yours.
I got laid off under Bush but got a very lucrative new position when Obama hit town.  I got mine, get yours.
Oh, and Mama just got a new GL450 Mercedes.  She got her's, get yours.

So, if all you did for the last seven years since Obama hit town was go on the internet and complain, what can I say...

Tough titties....

Greg



Let me know when you can afford a Maserati then we can talk.
  
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