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Old 06-28-2012, 10:46 PM   #4981
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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Europe is scarier than the US at the moment and money is taking refuge in the US. Do you realize how quickly that can change? Do you think Bernanke is just making that **** up and this scenario hasn't been played out repeatedly in country after country. WTF? We have a structural debt problem that is going to be difficult to fix. We have been ignoring this fact for a decade and we maybe we have another decade before it becomes a crisis. It's irresponsible to just continue on this unsustainable course as it become more difficult to fix with each passing year.
Also yeah the us govt looks better than euro governments but there are many many many other investment options.
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Old 06-28-2012, 10:46 PM   #4982
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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I don't disagree that our increasing debt to GDP is something to be concerned with. But getting the economy going is far more important. My issue with clowns like the tea party or whoever (other than thy don't actually care at all about debt/deficit) is how they are misleading the public with OMG our debt is ubiquitously an our debt is what's hurting our economy both of which are very irresponsible lies
The tea party might have started with good intentions but it has long since become nothing more than guns, abortion and getting the black guy out of office.
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Old 06-28-2012, 10:49 PM   #4983
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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Everyone's gonna pay something.
I have health care through my employer. It's free for me. It'll be free even when Obamacare finally kicks in. I am almost completely unaffected by the law.
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Old 06-28-2012, 10:53 PM   #4984
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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I don't disagree that our increasing debt to GDP is something to be concerned with. But getting the economy going is far more important. My issue with clowns like the tea party or whoever (other than thy don't actually care at all about debt/deficit) is how they are misleading the public with OMG our debt is ubiquitously an our debt is what's hurting our economy both of which are very irresponsible lies
Well I absolutely agree that near term spending can not be cut and we need to delay the implementation of the Bush tax cuts. If we don't deal with the fiscal cliff we are heading for a double dip.
Maybe things will get so bad that another spending stimulus will be required. Maybe one that actually has a pay off this time in terms of infrastructure instead of the last dumb ass plan that invested in **** like education that at best has a return way down the road.
I think we can and should address both the structural problem and the short term need to give the economy a boost. If we can just address the fiscal cliff before the election that will be a start.
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Old 06-28-2012, 10:58 PM   #4985
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

cbo says cost savings in ACA will save taxpayers into the trillions over the next several decades so the lower deficits from obamacare will affect us all. plus the peace of mind we feel knowing that no longer millions of our children of our brothers and sisters are suffering so needlessly from lack of basic care affects us as well.
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Old 06-28-2012, 10:59 PM   #4986
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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Also yeah the us govt looks better than euro governments but there are many many many other investment options.
Like what? The market sees no investment opportunities and that's why participants are willing to sit on the sidelines earning a negative return. Your statement is wrong by definition unless you are claiming the market is irrational which is going to require quite a heavy burden on you to prove ime.
The low yields are not an indication that all is well in the economy. It's an indication that the economy is horrible.
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Old 06-28-2012, 11:00 PM   #4987
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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cbo says cost savings in ACA will save taxpayers into the trillions over the next several decades so the lower deficits from obamacare will affect us all. plus the peace of mind we feel knowing that no longer millions of our children of our brothers and sisters are suffering so needlessly from lack of basic care affects us as well.
So somehow Obama has created a benefit to the less fortunate that somehow saves taxpayers money. Mother ****ing cold fusion.
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Old 06-28-2012, 11:01 PM   #4988
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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Like what? The market sees no investment opportunities and that's why participants are willing to sit on the sidelines earning a negative return. Your statement is wrong by definition unless you are claiming the market is irrational which is going to require quite a heavy burden on you to prove ime.
The low yields are not an indication that all is well in the economy. It's an indication that the economy is horrible.
like anything. any investment vehicle?

return is only one component of evaluating an investment, obviously risk is the other. When investors are willing to take a negative return on u.s. treasury bonds what does that tell you about the how risk those investors think those bondsare?
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Old 06-28-2012, 11:02 PM   #4989
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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So somehow Obama has created a benefit to the less fortunate that somehow saves taxpayers money. Mother ****ing cold fusion.
Feel free to point out your methodological differences with the cbo
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Old 06-28-2012, 11:03 PM   #4990
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

yep. just like how we spend 5x more than europe for worse results, when u limit what greedy insurance companies can pocket and make them spend it on care, and do basic preventative things vs costly free rider emergency room visits, take advantage of huge markets, and efficiencies in records etc, u save. look at romney care, i tell u heritage foundation was right. not a miracle, just good government.
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Old 06-28-2012, 11:10 PM   #4991
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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like anything. any investment vehicle?

return is only one component of evaluating an investment, obviously risk is the other. When investors are willing to take a negative return on u.s. treasury bonds what does that tell you about the how risk those investors think those bondsare?
Dude if there was an investment vehicle that was thought to be safe then the money would not be sitting in Treasuries. Money parked in Treasuries is the result of fear.
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Old 06-28-2012, 11:11 PM   #4992
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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Dude if there was an investment vehicle that was thought to be safe then the money would not be sitting in Treasuries. Money parked in Treasuries is the result of fear.
Because they're safe
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Old 06-28-2012, 11:12 PM   #4993
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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yep. just like how we spend 5x more than europe for worse results, when u limit what greedy insurance companies can pocket and make them spend it on care, and do basic preventative things vs costly free rider emergency room visits, take advantage of huge markets, and efficiencies in records etc, u save. look at romney care, i tell u heritage foundation was right. not a miracle, just good government.
I think the much more rationale explanation is that Obama has not created a perpetual money machine but the CBO estimates are bull ****.
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Old 06-28-2012, 11:16 PM   #4994
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

why cant we be like europe, insure everyone cheaper with better results? and they are socialists, surely a market approach invented by republicans and championed by a great guy like mitt must have some merit. the non partisian number crunchers sure think so, but nothing is certain and they must assume things, so ldo they are full of it, thats ur take?
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Old 06-28-2012, 11:19 PM   #4995
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Re: And Here. We. Go. 2012 Presidential Election: Obama v. Romney

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Because they're safe
They are relatively safe. No one thinks there is going to be a default in the near term.
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