Posted on 03/06/2009 3:07:18 AM PST by JohnHuang2
The Democrats who schemed up the Vast Right-Wing Conspiracy are back at it again.
The razor-lipped cue ball known as James Carville and Paul "the Forehead" Begala think that they have struck gold in attacking the giant of talk radio, my friend Rush Limbaugh. They want to turn him into the big, bad bogeyman of the GOP.
With stupid strategizing like that, no wonder Hillary is secretary of state.
(Excerpt) Read more at worldnetdaily.com ...
Prophets and margins ratios
Stocks dropped to levels not seen in twelve years today after a slew of terrible developments: Citigroup fell below the $1 mark, GM announced it may not survive, continuing jobless claims hit record territory and Obama's still president.
It was this week's second 200-plus-point tumble, despite Obama spending massive amounts of time on the subject of Rush Limbaugh!
If Obama's stimulus plan keeps stimulating at this rate, we'll look back on the days of Dow 7,000 with great fondness.
Showing off his financial brilliance, Obama on Tuesday told Americans to take a look at investing in Wall Street, since stocks keep collapsing. "What you're now seeing is, profits and earnings ratios are starting to get to the point where buying stocks is a potentially good deal," an unTelePrompted Obama said. He apparently learned about "profits and earnings ratios" at Harvard. But, using the key Prophet-to-earnings ratio as the template, investors dumped stocks seconds after the Prophet Obama spoke. The White House promptly issued a statement about Rush Limbaugh.
On a roll, Obama also said that after signing his wasteful $787,000,000,000 pork package, he's noticing "businesses are starting to see opportunities for investment" -- as indicated by that 1,400-point drop in the Dow since Feb. 13 -- and that the stock market is no more than a tracking poll. The market closed at the lowest level in 12 years that day. Which prompted the press to write more stories about Rush Limbaugh.
The Dow 'tracking poll' is down around 30 percent since B. Hussein Madoff was elected. Down 24.9 percent for the year. It's down more than 50 percent from Oct. 2007, when the Dow tracking poll had Bush's approval rate at over 14,000 points. Another authoritative poll, known as "NASDAQ", is down 17.6 percent for the year. The S&P poll is down 24.4 percent for the year, bringing us these wonderful 'profits and earnings ratios'.
Pushing stock prices to "bargain basement" levels, the Obama budget calls for a deficit of $2,000,000,000,000, wasteful spending totaling $3,600,000,000,000 (including a teensy-weensy $634,000,000,000 Obama reserve fund to help turn America's health care system into that of North Korea's), raising the national debt to $12,000,000,000,000 as a warm-up act, new energy taxes totaling $650,000,000,000 to save the polar bear, and (just in case all that wasn't enough to destroy the economy) swelling the national debt by $20,000,000,000,000 eight years down the line -- the latter not likely to happen since deficits will have shrunk to zero by the time President Sarah Palin enters her second term.
Obama's budget is so left-wing, media outlets are happy with it, hilariously describing it as his 'keeping his commitment to the middle class' -- Obama's term for anyone eating out of a garbage can.
Robert Reich cheerfully called it a massive "redistribution of income." For liberals, no doubt the budget evokes memories of the FDR era, movingly bringing back the hope and optimism of a leader they fondly remember -- Joe Stalin.
Liberals are all atwitter that the Obama budget finally buries Reaganism, but if the market meltdown is saying anything, it's that their default position -- anti-Reaganism -- is burying libbies. The market would soar to 14k by the closing bell tomorrow if Hussein were to call it quits. Every day Hugobama frantically tries driving that ol' wedge between rich and poor and every day the market response is the same -- the capitalist running dogs and the "poor" are inextricably linked, fate-wise. Obama blames the meltdown on "toxic assets" -- but the biggest toxic asset is his own administration, which couldn't organize a bake sale.
Anyway, that's...
My Two Cents...
"JohnHuang2"
Friday-morning ping!
I miss Bill Clinton.
Whoda thunk it?
“understand”, not “understanding”. Need more caffeine! :)
Let's see, 12 years, that's 1997 - the height of the great Clinton era. Isn't that the time the Rats long to go back to?
“...the capitalist running dogs and the “poor” are inextricably linked, fate-wise.”
Any extremely important point that is thoroughly lost on libs. You don’t get rich by bringing the rich down. You get rich by working, producing, saving, and investing. All socialism does is bring everyone down to the same level of misery. Ah, but at least it’s equal.
Mine from the other thread on the subject.
To: JohnHuang2
Damn! I remember kudos higher than a kite the last time I read a two cents worth. Now you have again out done yourself.
“The capitalist running dogs and the “poor” are inextricably linked, fate-wise”. This needs to be on the desk in the oval office, before Mr Obamanation finds it written on the wall.
3 posted on Friday, March 06, 2009 4:29:22 AM by wita
[ Post Reply | Private Reply | To 1 | View Replies | Report Abuse]
B. Hussein Madoff. Brilliant, as always, John. I just can’t get over the ridiculous polls that show most Americans think he’s doing a good job and his policies are the right way to go. We’re living in some kind of alternate universe hell. 60% of the country is still in Obama Land. They can smell the country burning down around them but they just can’t take their eyes off their messiah. Those of us living in Real World are trying to fight the fire while Obama pours gasoline on the flames. Insanity.
the middle class' -- Obama's term for anyone eating out of a garbage can.
LOL!!! I always read your stuff, but I have to say, these are two of your best laugh lines.
Not many of our previous presidents had Obama's experience as an Ivory Tower College Professor.
Thank Heavens!
When you see him coming you better step aside. . .
Lotta men didn't and lotta men died . . . . .
There was a lot going on at that time to 'boost' people's personal wealth and the economy. We had a phony internet/tech bubble. We had millions of amateurs, for the first time ever, purchasing stocks on their own from their all too convenient personal computers at home or work helping to drive prices through the roof. We had large numbers of companies 'cooking' the books fueling the surge. Various leading market 'experts' driving prices up by advising people to buy certain BS stocks that they secretly owned, etc, etc.
The four undistinguished denizens of Democratic hackdom, Emanuel, Carville, Begala, and Stephenopoulos, are entirely responsible for this. Any network that puts Carville, Begala, or Stephenopoulos on the air, without a disclaimer, isn’t worth watching.
Robert Reich cheerfully called it a massive "redistribution of income."
No, this wasn't a mis-statement of "redistribution of wealth." It's a redistribution of INCOME."
I believe that there's been a coordinated effort going on for some time in the destruction of accumulated wealth in this country. Anything the government could do to dissuade savings, and since the obama administration has been in, doing everything they can to destroy the stock market. The thought of people providing for themselves in retirement is anathema to them, and they've floated ideas of eliminating IRAs and 401Ks, and actually nationalizing (i.e. confiscating) them.
Now, the left is talking about "redistributing" income, and this is to make the accumulation of wealth impossible. If you barely subsist, then you can't be independent. And independent citizens are the last thing that these people on the left want.
Mark
All I need is to tax the air that you breath
Another home run!
Thanks for the ping!
Thank you so much for this excellent wrap-up!
Sigh, JH2, I love it that your’e always right...He’s only been in office for 7 weeks. Imagine what America will look like in 4 years! No, I don’t want to imagine that...
Another winner!!!
Brillaint! ... Do ya think it will prompt the White HOuse to issue another statement chiding Rush Limbaugh?
Homey D. Clown, an ex-con who works as a clown (real name Herman Simpson) for his parole agreement, but violently lashes out at anyone (usually by hitting them on the head with a tennis ball-filled sock) who attempts to make him perform the standard antics of the role - “I don’t think so... Homey don’t play that!”. His goal in life is to get even with “The Man”, a personification of the white males he thinks are “holding him down”. Near the end of most sketches, Homey would lead a group of children in a call and response sing-along, which would end with him degenerating into an angry/paranoid rant then intimidating the children into repeating verbatim.
we will be tanking to 0.
Good one, John. Thanks ............... FRegards
JohnHuang2/Melanie Morgan bump!
I laughed all through this piece.
However, I laughed so hard I almost fell outta my chair at Obama’s ‘tracking poll’!
I don’t know how you do it.
The topic of your piece is dang depressing.
However, I still have a big ole grin on my face!
You are one in a million...you know that?
Thank you for all of your brilliant contributions, JH2. ;o)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.