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Recovery?............DJIA -265
08-10-2011, 03:16 PM
Post: #81
Recovery?............DJIA -265
SINCE 08/01/11

DJIA (1,423.3)

THAT IS AN 11.72% LOSS

THANKS OBAMA

Quis custodiet ipsos custodes?

"Don't believe them, don't fear them, don't ask anything of them." ~Alexander Solzhenitsyn

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08-11-2011, 10:19 AM
Post: #82
Recovery?............DJIA -265
Squirrelmonkey Wrote:SINCE 08/01/11

DJIA (1,423.3)

THAT IS AN 11.72% LOSS

THANKS OBAMA


you're welcome...


[Image: ODowngradev2b-600x175.jpg]

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08-11-2011, 11:31 AM (This post was last modified: 08-11-2011 11:31 AM by Squirrelmonkey.)
Post: #83
Recovery?............DJIA -265
I Love It!!!!!!!!!!

Actually, I need this as a bumper sticker!

Quis custodiet ipsos custodes?

"Don't believe them, don't fear them, don't ask anything of them." ~Alexander Solzhenitsyn

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08-11-2011, 11:49 AM
Post: #84
Recovery?............DJIA -265
Squirrelmonkey Wrote:I Love It!!!!!!!!!!

Actually, I need this as a bumper sticker!


Got it here
http://legalinsurrection.com/2011/08/fut.../#comments

and it came from
http://pajamasmedia.com/instapundit/125849/

Legal Insurrection is the Blog of a real Law Proffesor, William Jacobson at Cornell Law School


Quote:[h=2]About: William A. Jacobson[/h] William A. Jacobson is Associate Clinical Professor of Law and Director of the Securities Law Clinic at Cornell Law School. He is a 1981 graduate of Hamilton College and a 1984 graduate of Harvard Law School. At Harvard he was Senior Editor of the Harvard International Law Journal and Director of Litigation for the Harvard Prison Legal Assistance Project. Prior to joining the Cornell law faculty in 2007, Professor Jacobson had a highly successful civil litigation and arbitration practice in Providence, Rhode Island, concentrating in investment, employment, and business disputes in the securities industry, including many high profile cases reported in leading newspapers and magazines. Professor Jacobson has a national reputation as a leading practitioner in securities arbitration, and is a member of the Board of Directors of the Public Investors Arbitration Bar Association, an organization of over 450 attorneys dedicated to protecting public investors. Professor Jacobson frequently is quoted in national media on issues related to investment fraud and investor protection, and in the past has served as one of a small number of private practice attorneys who trained new arbitrators for the Financial Industry Regulatory Authority. Professor Jacobson has argued cases in numerous federal and state courts, including the Courts of Appeal for the First, Fifth and Sixth Circuits, and the Rhode Island Supreme Court. A more complete listing of Professor Jacobson's professional background is available at the Cornell Law School website. The views expressed here are his own and not those of any employer or organization, The best way to reach Prof. Jacobson is by e-mail at "contact -at- legalinsurrection -dot- com".

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08-11-2011, 11:54 AM
Post: #85
Recovery?............DJIA -265
Wall Street Journal on the bond downgrade:

Quote:"Whatever one thinks of the credit-rating agencies -- and we aren't admirers -- it serves no good purpose to shoot the fiscal messengers. Friday's downgrade by Standard & Poor's of U.S. long-term debt to AA+ from AAA will be the first of many such humiliations if Washington doesn't change its economic and fiscal policies. Investors and markets -- not any single company's rating -- are the ultimate judge of a nation's creditworthiness. And after their performance in fanning the credit and mortgage-security mania of the last decade, S&P, Moody's and Fitch should hardly be seen as peerless oracles. Their views are best understood as financial opinions, like newspaper editorials, and they're only considered more important because U.S. government agencies have required purchasers of securities to use their ratings. ... Yet is there anything that S&P said on Friday that everyone else doesn't already know? S&P essentially declared that on present trend the U.S. debt burden is unsustainable, and that the American political system seems unable to reverse that trend. This is not news. ... Despite S&P's opinion, there is no chance that America will default on its debts. The real importance of the downgrade will depend on the political reaction it inspires. If the response is denial and blaming the credit raters, then the U.S. will continue on its current road to more downgrades and eventually to Greece. What has already become a half-decade of lost growth will turn into a lost decade or more. If the response is to escape the debt trap by the stealth route of inflation -- a path now advocated by many of the same economists who promoted the failed spending stimulus of 2009 -- then the U.S. could spur a dollar crisis and jeopardize its reserve currency status. The better answer -- the only road back to fiscal sanity and AAA status -- is to reverse the economic policies of the late Bush and Obama years. The financial crisis followed by the Keynesian and statist revival of the last four years have brought the U.S. to this downgrade and will lead to inevitable decline. The only solution is to return to the classical, pro-growth economic ideas that have revived America at other moments of crisis." --The Wall Street Journal

"The ultimate judge of your swing is the flight of the ball." - Ben Hogan
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08-11-2011, 04:32 PM
Post: #86
Recovery?............DJIA -265
Squirrelmonkey Wrote:I Love It!!!!!!!!!!

Actually, I need this as a bumper sticker!

Munkie if you liked "Downgrade" bumpersticker then you should really appreciate this one from "Chicago Boyz"
http://chicagoboyz.net/archives/22708.ht...012-logo-8

Here's the image for "Gadsden 2012"

[Image: chi-boys-2012-logo-8.gif]

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08-11-2011, 07:26 PM
Post: #87
Recovery?............DJIA -265
Going to watch the GOP hopefuls tonight on FOX. I hope at least one of them says something to impress me. I am so sick of all of the players from both parties and the news media! Everyone has really gone mad. Please, Dear God, send us someone to save us.
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08-12-2011, 09:47 AM
Post: #88
Recovery?............DJIA -265
did any of them not suck?

mUnKiE hate Romney......he is lukewarm and makes me want to vomit

Quis custodiet ipsos custodes?

"Don't believe them, don't fear them, don't ask anything of them." ~Alexander Solzhenitsyn

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08-12-2011, 11:09 AM
Post: #89
Recovery?............DJIA -265
Squirrelmonkey Wrote:did any of them not suck?

mUnKiE hate Romney......he is lukewarm and makes me want to vomit


Agreed - Cain and Romney and Bachman DNS

Here's a good more sucinct rundown
http://www.redstate.com/erick/2011/08/12...t-12-2011/

If you remember our charts in "Political Compass" in Moon's
http://www.hardcoreweather.com/showthrea...post215948

I caught this
[Image: gopchart.png]

Where Milt Friedman is where I want "The Prez"

[Image: axeswithnames.gif]

They're different axis

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08-12-2011, 02:19 PM
Post: #90
Recovery?............DJIA -265
Agreed!

Quis custodiet ipsos custodes?

"Don't believe them, don't fear them, don't ask anything of them." ~Alexander Solzhenitsyn

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