Australian (ASX) Stock Market Forum

Barack Obama!

...or to put it in a more simple format for people who are intimidated by any more words than used in a sordid catch-phrase:
 

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Whoever wins the election will preside over an America drowning in debt, and it probably will be Obama, who will be elected by that section of the electorate most dependent on handouts.

Drowning in debt: US crisis lurches closer

Whoever wakes up in the White House after the inauguration ball will have to soberly confront the ugly reality of US government's debt levels, whichtotals about $US16 trillion ($15.4 trillion). The US Treasury estimates this will rise to about $US20 trillion by 2015, more than America's GDP.

There are other current and contingent commitments not explicitly included in the debt figures: US government support for Freddie Mac and Fannie Mae, government-sponsored enterprises of more than $US5 trillion, and unfunded obligations of more than $US65 trillion for programs such as Medicare, Medicaid and Social Security. US state governments and municipalities have more debt, about $US3 trillion.

http://www.theaustralian.com.au/opi...s-lurches-closer/story-e6frg6ux-1226504863718
 
Whoever wins the election will preside over an America drowning in debt, and it probably will be Obama, who will be elected by that section of the electorate most dependent on handouts.

Drowning in debt: US crisis lurches closer



http://www.theaustralian.com.au/opi...s-lurches-closer/story-e6frg6ux-1226504863718

the unfunded liabilities are easy to manage in theory, its politically untenable however.. a simple measure, re pensions is to index the pension age back to what it was designed to be.. pegged to life expectancy. Bringing the ratio of those working to those not working higher should be the goal.

Or they could go the French route, reduce retirement age, increase minimum wage, raise taxes to 75% in the highest income bracket. :)
 
He and Romney the same MO?
Obama has well established dialogue and consultation in all corners of the world -- even Iran.
He has gathered coalitions so that the US is not seen as world police. Economic sense for them!

http://www.youtube.com/watch?v=71cstPjOt68&feature=colike

a dialogue that consists of economic sanctions has a lustrous history in the modern world. The Japanese responded well to it the 1940's..

your peacetime president is more of a warlord then Bush (which may or may not be a good thing in certain situations) jsut dont preetend its all sunshine and lollipops. Dont confuse 'hope' for 'change'
 
ITS GETTING TO BE LIKE 'ATLAS SGRUGGED' MKII, SURELY ITS TIME FOR 'THE LOOTERS' TO BE HELD ACCOUNTABLE FOR THEIR ACTIONS (OR LACK THERE OF!!)???? :frown:
 
Any chances that Romney had are now dead in the water. The situation reminds me of Queensland last year after the floods. Bligh's popularity sky-rocketed after she showed effective leadership in the aftermath. If she had called an electon then, she would have won.

Romney's campaign cannot compete with Obama's huge exposure in New Jersey and other disaster areas.

In the meantime, former Democrat president Bill Clinton has stepped into Mr Obama's shoes as his surrogate on the campaign trail, not encumbered by worries about exploiting a national disaster. elsewhere.

http://www.theaustralian.com.au/new...romneys-campaign/story-e6frg6so-1226507822081
 
290 v 248 Obama wins is my prediction.

R$ wins back NC, VA, IN and FL.

FL is the most interesting state in the Union, it's guns and god in the Panhandle and pinko snowbirds down south.
 
My exact thought earlier today.
Never mind, wayne. Last election it went on for months. There are now only days to go.

I ask you.
What is the point of a thread without information and consequent projection or a challenged refutation?
Julia, your nasty comments are the reason I removed myself from this site a few years ago.
They are not opinions but personal attacks.

Departing comment from me: Woohooo!!
I won't be back. Sorry Joe.
 
I ask you.
What is the point of a thread without information and consequent projection or a challenged refutation?
Julia, your nasty comments are the reason I removed myself from this site a few years ago.
They are not opinions but personal attacks.

Departing comment from me: Woohooo!!
I won't be back. Sorry Joe.

no-one cares
 
Doris, your presence on ASF, a stock forum, seemed to be with the sole purpose of posting lengthy testimonials to your adoration of Barack Obama. Whilst no one would want to deprive you of your worship, it became a bit tiresome after a while.

And sadly, he has not turned out to be the saviour of the US that you would have had people believe.

Good to have something to believe in, however. I wish you all the best.:)
 
Doris, your presence on ASF, a stock forum, seemed to be with the sole purpose of posting lengthy testimonials to your adoration of Barack Obama. Whilst no one would want to deprive you of your worship, it became a bit tiresome after a while.

And sadly, he has not turned out to be the saviour of the US that you would have had people believe.

Good to have something to believe in, however. I wish you all the best.:)

we need a like button on ASF
 
Doris, your presence on ASF, a stock forum, seemed to be with the sole purpose of posting lengthy testimonials to your adoration of Barack Obama. Whilst no one would want to deprive you of your worship, it became a bit tiresome after a while.

And sadly, he has not turned out to be the saviour of the US that you would have had people believe.

Good to have something to believe in, however. I wish you all the best.:)

Unnecessarily mean IMO Julia. Nice touch at teh end but even that seemed patronising..

Honestly, I think Barack Obama is miles ahead in terms of intellect, capacity, and integrity compared to anyone the Republicans could throw up.

However on this forum it doesn't surprise me one iota that the large majority of members see him as a across between Osma Bin Laden and Hitler (to exaggerate ever so slightly). And as Doris points out having a POV left of Genghis Khan here is attacked so comprehensively you can't feel welcomed.
 
Lets keep things civil please with less hyperbole.

Ultimately, this thread is a general chat thread and i cannot remember any post in this thread by the main contributors relating back to Australian stocks and the effect Barack will have.

Further off topic posts or pettiness will be removed and deleted posts infracted
 
Just a view from an American bro:

Obama wins a second term and the first result is the biggest single day loss, (300+ points down), in the stock market in over a year?????? FAIL

If you voted for this moron in 2008 to prove you weren't a racist... good for you....... you had a chance to vote for someone else in 2012 to prove you aren't an idiot and you didn't??? FAIL

God help us all......... in four years the Spam we are all eating will come with duck sauce and a fortune cookie................. FAIL

Disclaimer: I refuse to confirm or deny whether I agree with this. :eek:

But I suspect the next four years will be as disappointing as the last.
 
Just a view from an American bro:



Disclaimer: I refuse to confirm or deny whether I agree with this. :eek:

But I suspect the next four years will be as disappointing as the last.

Good grief Wayne, has your mate forgot what a complete and utterly incompetent waste of oxygen GWB was:eek:? He managed to rack up a massive war bill and supervised a corruption binge by the banks the likes has never been seen before.

Let face it, in global politics there are hardly any stunning leaders anymore...this, during the times of the most challenging financial circumstances in history when the world truly needs some inspiring leadership.

I think Bart Simpson:bart: would make a better President than either!

CanOz
 
Good grief Wayne, has your mate forgot what a complete and utterly incompetent waste of oxygen GWB was:eek:? He managed to rack up a massive war bill and supervised a corruption binge by the banks the likes has never been seen before.

I don't know. But I can confirm that I haven't forgotten. I was glad to see the scurrying backsides of the neo-cons... even if I wasn't happy to see the advent of "yes we can't".

The point is moot, but my hope was that Mitt was a different sort of conservative...

...but Gary Johnson is more my style.

Let face it, in global politics there are hardly any stunning leaders anymore...this, during the times of the most challenging financial circumstances in history when the world truly needs some inspiring leadership.

I think Bart Simpson:bart: would make a better President than either!

CanOz

Reagan was an actor turned politician.

Now we have politicians turned actors.... it"s all @rse about.
 
Good grief Wayne, has your mate forgot what a complete and utterly incompetent waste of oxygen GWB was:eek:? He managed to rack up a massive war bill and supervised a corruption binge by the banks the likes has never been seen before. CanOz

funny though how obama was elected with a clear mandate (& promised) to go after the corrupt bankers/corporations/financial parasites but (besides the token small fry sacrifice of bernie madoff) FAILED TO DO A DAMN THING, not one corporate pirate did he bring to justice! and to add insult to injury he filled his staff with the very goldman sachs cronies who were up to their eyeballs in engineering the removal of the safeguards (glass/steagal etc) that directly led to the GFC,

and obama not only continued but increased GWBs warmongering ways, in the process racking up an even bigger national deficit than even dumb-ass dubya did! nothing to be proud of there i'm afraid!

have to say this election was a big lose/lose for the US, with no Ron Paul their only slim hope of salvation was gary johnson. unfortunately i fear more NDAA style legislation on the way for the yanks. then again i guesss the old saying 'you get the politicians you deserve' might ring true in this case.
 
funny though how obama was elected with a clear mandate (& promised) to go after the corrupt bankers/corporations/financial parasites but (besides the token small fry sacrifice of bernie madoff) FAILED TO DO A DAMN THING, not one corporate pirate did he bring to justice! and to add insult to injury he filled his staff with the very goldman sachs cronies who were up to their eyeballs in engineering the removal of the safeguards (glass/steagal etc) that directly led to the GFC,

Actually there are prosecutions taking place, but no where near what there should be and they're going after the banks that they can accuse of money laundering. So i agree that little was done...expect that it may have something to do with campaign contributions.:rolleyes:

and obama not only continued but increased GWBs warmongering ways, in the process racking up an even bigger national deficit than even dumb-ass dubya did! nothing to be proud of there i'm afraid!

Not sure how you get this:confused:?

CanOz
 
Unnecessarily mean IMO Julia. Nice touch at teh end but even that seemed patronising..

Honestly, I think Barack Obama is miles ahead in terms of intellect, capacity, and integrity compared to anyone the Republicans could throw up.

However on this forum it doesn't surprise me one iota that the large majority of members see him as a across between Osma Bin Laden and Hitler (to exaggerate ever so slightly). And as Doris points out having a POV left of Genghis Khan here is attacked so comprehensively you can't feel welcomed.
You are, of course, completely ignoring any criticism I offered of the Republican candidate. It only matters to you to sycophantically defend your chosen left bias.

I don't think you were around when Doris inundated the forum with her lengthy missives on the wonders of Barack Obama, a politician who no Australian would be voting for unless they had dual citizenship, whilst making little or no contribution to any other content on ASF. No law against that, but if some of us found it tedious, we're quite entitled to say so. Here is just one page of examples amongst many.
https://www.aussiestockforums.com/forums/showthread.php?t=9159&page=24

In the last days I've expressed a preference for Obama, and I'm glad that he won over Romney. It seems, however, a choice a bit like that presented to us here in Australia, i.e. the lesser of the two undesirable options.

And, before you criticise others for being 'patronising' which is absolutely not the spirit in which I responded to Doris, consider your own paternalistic proselytizing about climate change which you force on the forum ad infinitum.
 
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