Things are getting dark

http://www.nysun.com/article/66268

How in the hell will the Rs blame this on the Dems?



After what Los Angeles money manager Arnold Silver called "a brutal three days," the question is: What now for the market?

A Wall Street superstar this year who runs Balestra Capital Partners, Jim Melcher, says he's "worried about a recession. Not a normal one, but a very bad one. The worst since the 1930s. I expect we'll see clear signs of it in six months with a dramatic slowdown in the gross domestic product."

Balestra Capital, a $350 million New York hedge fund, was up 3% for the past three market sessions, when the Dow Jones Industrials, spearheaded by widespread declines in financial stocks and fears of more billion-dollar-plus asset write-downs, tumbled more than 677 points, or about 4.5%. The Nasdaq fared worse, skidding about 7%, triggered by across-the-board declines in those fast-stepping technology stocks.

Balestra

11/14/2007


And yes the republicans tried to blame Obama

But it didn’t go so well so they just picked a new lie
 
You watch they will find a way to say it was the democrats fault.

I remember back in 1993 when congress passed ad Bill signed the bill which set us on the path to fiscal balence I turned to my husband and said " watch them try and claim this as their doing" They have done just that. The bill was signed without ONE single R vote and was credited by the CBO and the GAO as a major reason for the surpluses. The Rs base still thinks it was Newt. They will claim it , it will be twisted logic and some will buy it.

And even today the republicans who fought the infrastructure bill like hell


Are touting the results of the bill like it was their idea


Republicans are such scum
 
I dont always get desh.. you have been talking market gloom for like 2years now... probably longer. Its not going to happen. we will have corrections as we always do. The housing market correction will end at some point because shelter is a necessity.

In terms of your pro tax increase.. and for all of you that think 2.6T annual tax receipts isnt enough for a small populous of 300M people your simply flat out socialists. its an absurd amount of money for what the government job should be.

Now if you want to tax the righ more thats fine.. but give the cuts back to the middle class. Poor already get off easy. it should be a wash. There is absolutely no need to collect more taxes.


1 Last thing.. only a fool would think the 90's historic bull market was the result of a tax increase. Did the tax increase help balance the budget? perhaps.. but there would have been no balance without the tech boom. So unless u think there is another golden boom around the corner to eliminate the pain of a tax increase on the middle class then I wouldnt be looking for it.

Good ole chap



I guess this is why he disappeared
 
I'm not too worried about the economy-- first of all, the market may have taken a hit, but last week (I think, maybe two weeks ago) there was a day that set records for the amount of increase.

Not only that, but Desh likes to ignore that a great deal of economic success in the mid-late 90s came from Greenspan and the Fed., which Clinton frequently disagreed with but took the credit for Greenspan's successes.

Your first line shows which of us got it correct huh


Yes there was a massive crash just like the facts were showing was coming


You ignored it for political reasons


Fucking republicans
 
You don't listen to the majority of experts saying positive things fat desh. Like I said you and USC troll the negative. 4% growth last quarter and you were saying the sky was falling.
This will be my best year in the market

Toppy?


Is that you?
 
The stock and housing market is not something you can look at short term.

In the grand scheme of things this housing market crash will just be a blip on the screen. Fundamentally the population will continue to grow and property will continue to increase in value due to demand.

Boy were you wrong
 
http://www.nysun.com/article/66268

How in the hell will the Rs blame this on the Dems?



After what Los Angeles money manager Arnold Silver called "a brutal three days," the question is: What now for the market?

A Wall Street superstar this year who runs Balestra Capital Partners, Jim Melcher, says he's "worried about a recession. Not a normal one, but a very bad one. The worst since the 1930s. I expect we'll see clear signs of it in six months with a dramatic slowdown in the gross domestic product."

Balestra Capital, a $350 million New York hedge fund, was up 3% for the past three market sessions, when the Dow Jones Industrials, spearheaded by widespread declines in financial stocks and fears of more billion-dollar-plus asset write-downs, tumbled more than 677 points, or about 4.5%. The Nasdaq fared worse, skidding about 7%, triggered by across-the-board declines in those fast-stepping technology stocks.

Balestra

Because cunt, the dems are the ones doing it.
 
why would the reps blaming dems be a surprise? the dems tried to blame the reps, especially shrub, for the slowdown that started when bull clowntoon was still in orifice.

We blamed him for lying us to war to cover up his inability in the economic area


Did you EVER admit bush lied us to war


Did you ever admit bush crashed the world economy with his deregulation of the banks?
 
And the republicans fought hard to make Obama a one termer



Turtle head failed

Obama cheated hard to not be a 1-termer. Lying about Benghazi, heavy voter fraud in PA..and other states. Was it just practice for the future? Testing the system?

Really he would have beaten Romney anyway. Not that people were so into Obama that year, people were so divided and lackluster over Romney.

I know I got a funny feeling about Romney. Turns out he's a giant douche.
 
Bush lied us to war in Iraq so Cheney and his buds could make bank on oil


Then they crashed the housing market by letting the banks regulate themselves for YEARS


Obama won because the Republican Party is a feed the wealthy and scarafice the poor kids to war for rich people profits


And they deregulate shit which always fails big time


That’s why Obama got elected
 
I posted this thread in late 2007


I was showing that the economy was in trouble with facts


Then the republicans here ass fucked themselves to Insult me in every way possible


The history proved me correct


So what do the republicans here do?


Try to pretend reality isnt reality yet again


The Republican Party has been just this stupid and evil all my life
 
Oh and note how invective free I was back in 2007


I was nice as hell to these people for years while they called me a cunt and any other dirty word they could think of for years
 
Good ole chap



I guess this is why he disappeared

It takes a lot of fortitude, and a lack of integrity to keep defending one failed Republican administration after another, decade after decade.

We are up to three consecutive failed Republican presidencies. That cannot be a coincidence or statistical anomaly.
 
You watch they will find a way to say it was the democrats fault.

I remember back in 1993 when congress passed ad Bill signed the bill which set us on the path to fiscal balence I turned to my husband and said " watch them try and claim this as their doing" They have done just that. The bill was signed without ONE single R vote and was credited by the CBO and the GAO as a major reason for the surpluses. The Rs base still thinks it was Newt. They will claim it , it will be twisted logic and some will buy it.

dems control everything. you have the presidensy house and senate. how is it not your fault?
 
Oh and note how invective free I was back in 2007


I was nice as hell to these people for years while they called me a cunt and any other dirty word they could think of for years


Biden's going to crash everything worse than Bush. I knew it was going to crash in 2007.
 
And the republicans fought hard to make Obama a one termer



Turtle head failed

/shrugs.......yes, they failed to make Obama a one termer........he had eight years.......and fucked the country up..........too bad they failed to make him a one termer......
 
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