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Obama has nothing to do with market... BUSH TANKED OUR COUNTRY nm

Posted By: Mrs. M on 2009-01-20
In Reply to: Stock Market diving since Obama spoke today. - Down 300 points... great..nm

nm


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Right! Bush leadership and republican congress tanked us
nm
Bush is NOT in charge of the stock market

Wall Street,. Nancy Pelosi, Barney Fife, and the others are making it worse with all their stupid ideas.


They WANT this to happen and give more stimulus checks to people so the people will think they are the greatest since apple pie. 


I don't see any of them trying to figure out what to do that will help us except throw money away to the groups that are keeping the money to pay their bonuses and take trips.


Stock Market diving since Obama spoke today.
nm
Dispatch from Bush country
Of course I am talking about Houston, Texas. Your question about what part I live in must be rhetorical. MTs do not live in River Oaks. As a matter of fact, I purchased a condo smack dab in the middle of Sharpstown in 2000, 2 blocks from the intersection of Hillcroft and 59. I made this choice based on my desire to immerse myself in the most culturally diverse area of the city. To give you an idea, in Houston, 90 languages are spoken; 70 of them are spoken in Sharpstown. My family moved to Sharpstown’s neighboring suburb city, Bellaire, TX in 1959, so I am an old-timer, just like you. Basically, these same 4 square miles have been my “hood” for 50 years. Having been an activist since my college years at U of H, where I double-majored in anthropology / sociology and minored in geography, I have watched Houston growth and evolution with keen interest from that perspective all of my adult life.

Before proceeding, let me touch on the issue of crime you raised. Houston metroplex is the 4th largest city in the US but its crime rate rank is 11th. From where I sit, that ain’t too shabby, considering we are talking about 3 million people. I cannot quite understand how it is that, in one fell swoop, you have identified illegal immigrants as being some major source for crime this city. Even in your own example, 2 illegals out of 70 amounts to 2%....hardly cause for such uproar. I think we could at least concede that 70 versus 3 million = apples to oranges.

I know that conservatives havr somewhat of an aversion to the concept of context, so bear with me here for a moment. The issue of population density comes in to play when talking about crime. Sharpstown has an exceedingly dense population is a very small area, particularly the Latino sector. This is due to the presence of the many, many large, sprawling apartment complexes on the landscape. I did a study of this a few years back and was astounded to find that the population density there exceeds that of most major Chinese urban areas. We will revisit this point later.

Around 20 years ago, my neck of the woods was designated as Super Neighborhood by City Council as part of a pre-emptive, progressive, proactive, inclusive approach I spoke of in my previous post. The crime rate has dropped drastically since its inception. The City deemed the area worthy of investment, particularly in light of the nearby diverse populations. As a consequence, 2 blocks from my condo, there are a variety of well funded, well maintained outreach facilities, including a Harris County clinic facility, Jobs for Progress (SER) program facilities that offer job skills training and placement for unemployed and underemployed, Big Brothers / Big Sisters school, day care and rec center, many ESL programs (where I go to volunteer) and a brand new multi-service city facility, similar to a YMCA, that provides both after-school /weekend programs, classes of all sorts for children and adults and a heavy focus on assimilation initiatives that address NEW IMMIGRANT issues in terms of language, education, housing, employment and legal counseing. There is a division there which services the special needs of political refugees, of which there are many.

Let’s pause now for a brief virtual tour of the neighborhood. The Asians are on the western fringe of Sharpstown. It is very apparent just how much wealth their community has generated in the area. The development there has been organized, funded and executed well, primarily by their local residents…very little investment needed from the city. They ask for little and give back much. New businesses continue to pop up month-by-month on the Bellaire Blvd horizon.

If you are still familiar with the geography, you know how many nationalities are visible up and down Hillcroft and how many foreign-owned businesses flourish there and along it’s local cross-street, Harwin, just north of 59. My immediate vicinity, just west of Hillcroft, is sandwiched between the Asian and Latino communities (just east of Hillcroft) to which you refer…we’ll go there momentarily. In this niche, there are 5 of those huge complexes I spoke of. By eyeball count, 90+% Moslems of all sorts live here. In a 5 square block area, there are 2 large mosques, both of them quite beautiful. One of them is situated on the other side of the fence that faces my front door. Every Friday, I hear call to prayer broadcast over the neighborhood. While this may offend some of the more conservative among us, I find it no different than the sound of church bells. In my particular niche, crime is quite rare and when it does occur, even less seldom is it committed by a local resident.

The Latino sector is the most densely populated area of all. Many of the same programs have been implemented on that side of Hillcroft, with similar success, especially in terms of redction in crime rates. I have been shopping at the Fiesta supermarket there since the 1960s, which caters to the international community. The landscape there is also dominated by huge complexes and when I drive though there, I do get a feeling I am south of the border. There are ethnic communities embedded in all major US cities and Houston is no exception. I offer no apologies for this and, in fact, I feel right at home there. After all, the place is part of me and I am part of the place.

BTW, a portion of some of the growth and evolution of Houston’s diversity is directly related to the influx of immigrants created by various types of failed US foreign policies and initiatives, past and present ….Viet Nam, Nicaragua, NAFTA, and the disastrous US-backed coup in Iran in the early 1950s, which took out the secular democratic leader (Mosadegh), who had the audacity to suggest that Iran should control it’s own oil industry through nationalization. They brought the Shah back from exile, their most favorite puppet of the times, whose torture and repression of his opposition ultimately led to the Islamic Revolution in 1979. So much for promoting democracy. Who knows what the face of the Middle East would look like today had Mosadegh remained. Let’s not talk about how backing Israel has destabilized the entire region. Can you say REFUGEE?

In terms of your family members and regarding conservatives as a whole, if you go looking for trouble, you will probably find it. Bigotry does not exactly facilitate clear vision. My previous post was describing the general cultural and political climate of embracing diversity, rather than condemning it. Of course there are detractors, in no small numbers, I might add. I’ll say it again. Generally speaking it works out quite well. Incidents of discrimination against immigrants are extremely rare. I would much rather live in an environment of mutual respect, cooperation and tolerance, rather than taking the fearful, suspicious, paranoid, cold-blooded, hateful, exclusionary approach you and your buddies are promoting.

I think Bush has run this country into the ground.
the better with Obama in office instead of McCain and whatever her name is?????
Bush sunk himself and our country......DEBT
v
Sorry but Bush is a crook and nothing you say will change that. He did our country a lot of damage.
just move on from that, you cannot. It's damaged us a whollleee lot and your snide comments will not change that.
Hello?! 8 years of Bush cratered the country & caused this
nightmare in the first place. They are all frantically trying to keep us from another Great Depression caused by Bush & republican control. I personally think the damage runs so deep that it can't be stopped in time, but at least they're trying! Maybe next time the idiots will remember what Bush & his cronies have done & will be smarter than to vote republican...
Obama is not the country
and his failure does not equate with America's failure.  I feel if Obama succeeds in socializing the USA, then his personal success will mark the eventual failure of America.  I don't particularly want to live in Europe West, hence, I hope his policies fail to make that happen. 
If Obama is not legal, he is not doing our country
nm
At least Obama knows WHICH COUNTRY the fight is with
Not Iraq, since he doesn't have a Daddy that he has to clean up after, he can just go to the right country immediately and bypass the special agenda that fueled the last guy!
Obama has friends who both hate the country and
nm
It's official!!! Obama has just sold this country

G-20 summit is now living proof that Obama has kissed everyone's butts and sold this county down the river.........  Now, all European socialists will make ALL regulatory rules for ALL U.S. firms................ 


 


Thanks to all the Obama lovers and fools out there who thought he was your savior!!    You better really have a savior because you're gonna need it now!!! 


SORRY..... YOU CAN'T BLAME BUSH FOR THIS ONE!!  OBAMA SWAGGERED HIS WAY THROUGH THIS ONE AND THERE WAS NO BUSH IN SIGHT!!!


 


 


Lack of faith in Obama as leader of this country is
xx
Obama lied to the country. "No earmarks"
nm
A socialist country doesn't seem like such a bad thing?!? Then vote for Batista Obama.
xx
No. I love the country side in Alabama...I'm a country girl...nm

huh, what does that have to do with the market
going down while the O's been in office.

Your attempt at a joke is lame.
I was no Bush fan, but I see Obama as much
nm
stock market
Everybody was playing on the fear factor. Panic sets in and everybody starts selling. According to what I have heard, there are now great stock buys and that is what they are seeing.

Everybody gets so wrapped up in this "sky is falling" mentality and that is what the government hopes.

All their little nay sayers trying to scare the sense out of everybody but what they are hearing from their constiuents say do NOT say yes to the bill. The people do not believe that everything is going to h@ll in a hand basket if they vote NO to the bill.

I'm sure a lot more votes would have been yes yesterday if it had not been for their constituents faxing, calling, and e-mailing telling them they oppose such bailout.
I think a lot of people will do that and the market will
.
Who knows, funny how the market went

out of control when the race was within a few points, which only helps the dems out. The market can easily be manipulated by anyone with money (the Warren Buffets and George Soros' of the world) not to mention other countries.


My take on the whole election though is white guilt is going to push O into office. This is an historic election, people get caught up in the frenzy and emotion of it all, want to be a part of history in some small way, and voting for O seems not only politically correct (did you know you're a racist if you don't vote for him?) but eases a little of the white guilt some people have (another touchy-feely, PC thing to have). A man who has not had to answer tough questions, has little to no experience, has associations with radical tendencies, flip flops on most issues and is willing to wave the white flag is most likely going to be our next president. My only questoin is, what are Chris Matthews, Keith Olbermann and all the other lefties going to talk about for the next 4 years? I have a feeling the real truth about O is going to come out in the coming years.


Well here we go. Stock market -411.30 plus

Barney Fife writing proposal now to bail out the automakers with $25B stipulating GOVERNMENT OWNERSHIP.


The government is backing away from buying troubled mortgages and now are going to put it in an investment program taking capital. The facts changed.  His approach is to give banks enough cash to keep homes on the books and keep cash in the banks.


They will not bail out those people who shouldn't have taken out the loans in the first place.


American Express is jumping on the bailout wagon requesting $3.5B.


They really opened a can of worms here.


So the stock market's down.... sm
How bad is it?  According to the article linked below...........

With Thursday’s rout, $8.3 trillion in stock market wealth has been erased in the last 13 months.

For more info......  http://www.nytimes.com/2008/11/21/business/21markets.html?pagewanted=1&_r=1
Thank goodness we got out of the market
in September. Heard Jim Cramer at that time say the economy was going to tank soon; heeded the advice and pulled out that day. O is certainly bringing hope and change to the masses, isn't he? You better hope you have some money to retire on and change your retirement plan!
So what!!!! Where were you when the stock market went down
Haven't you learned your lesson yet. You only comment on a good day and remain silent with the rest of the crats on a bad day.

How many people on this board have been telling you to quit commenting every time the market hiccups. But you feel this need to only comment when it goes up.

Your post is not worth the time reading.
Because Obama is not as friendly with Bush

serving caviar for anyone who attends that meeting.  I'm sorry but I'm tired of the rich getting richer.  I think Obama is right; let's stay on task which is the debate. 


Biden could easily step in as President, why do you think he ran intially?  Palin, hmmm, dunno, she seems so "not ready" even though she thinks her name should come first; hmmm, slip up, I doubt it.  She probably thinks in her mind she's going to be the next president, but she's sadly mistaken.  She needs to get back in the kitchen where she belongs, yup, with her family issues, they need her right now.  It sounds like Alaska really loves her too and she should stay there in Alaska and take care of her business there in between tanning sessions.


Bush/McCain/Obama
I already hid my money.  Might be if Obama is elected I can bring it out of hiding.  Keep it hid if McCain is elected...........more of G.W. Bush.
thank Obama? He isn't the President.Thank Mr. Bush. NM
x
Bush is President. Obama is not (yet).
Very disrepectful to treat him like this. Like I say come 01/20/09 Obama can have at the cameras all he wants 24 hours a day 7 days a week. But to come out and act as though he is already president is very disrespectful.
Yep! That's it! Blame what Bush has done on Obama...

...again!  LOL!


How pitiful. 


No, but Bush would not work to end it, Obama will. nm
x
Obama won't. Bush has earned
NM
Obama does not use Bush's phrases,
because he wants to bring
CHANGE.
Hatred breeds hatred, let's all try it with love.



So what you're saying is that what was okay for Bush is now okay for Obama?
What about that change we can believe in and choosing morals over fear, etc, etc.? It was a bad idea in 2000 and it still stinks in 2010 - doesn't matter who's doing it.
No. I'm saying that Bush left Obama a lot
disastrous years.  Obama simply needs a list of what is most important and a truckload of Hefty bags.
The right has the market cornered on disrespect ...sm
to soldier's families. Hands down they win that award.

Especially if the family has anything contrary to say about this administration. Yeah, and we are the ones who don't support the soldiers.
Hm-m-m. Anybody notice the stock market is up, and

financial gained 16% today. That's curious. Can someone explain why?


I just think it's because the stocks were so low yesterday that it was a buyer's market.


 


 


There are tons of homes on the market.
More homes for sale would bring the price down. The house would be appraised at a reasonable value. Only the sincere folks should be eligible.

Many were owned by private investors who bit off more than they can chew, trying to get rich fast.

My home went up in value by 120,000 from what I paid for it, to settle at $250,000. The guy across the street sold his for that and ours are identical. Now, it is back down to about 150,000. But that is cool cuz I got it for 80,000 (fixer upper). This is calif which means a lot.

I did try to refi twice - Central Valley Mtg offered me nothing but an ARM. He wanted me to take 20,000 of equity out (He said I needed a vacation). I turned it down. (I'm a Suze Ormon fan). He actually threw his pen across the desk when I told him.

Second time, the mtg broker offered me tiered payments, just principal first year, then a low interest rate the next and over 5 years, the interest rate sours. He wanted me to take 20 grand more out to invest in the stock market (lol). Then, refi before the huge interest rates kick in. I walked away on that. He did not even offer a fixed rate. When I requested it, he made it sound like it was out of the question.

Finally, went to WAMU (which is now JP Morgan...) and they refi'ed me with a fixed rate.

Predatory lending at its best.
The stock market went from +250 to -150 after the vote. nm
.
Privatize SS, as in play the market with SS tax $.
and see what you come up with.
How low can she go? No lower with frozen market.
can they stay frozen?  Russian markets closed until Tuesday.  What does it mean with futures are "bottomed out?"  What happens when they do open?  Boy oh boy.  What's up with that?
and here I thought conservatives had the market on
x
Have you noticed how the stock market goes up
or how the media has been fueling that engine by pushing and pushing and obsessing over the cabinet appointments in search of dirt to dig up on them?

Obama has been trying to give voters a little reassurance, but I supposed lots of folks will find something wrong with that too.
Let the free market work.
x
The stock market will never, ever, see another dime of

Just because the market is up today doesn't mean

everything is hunky-dorrey. Let's not get over enthusiastic here. The market has been down more than up lately. I would rather wait 6 months to see what's happening before I touch that subject.


As for O laughing in the 60 minutes interview, it doesn't bother me that much. It could be a way for him letting off steam. I, myself, when stressed out (as in federal jury duty), was so relieved the trial was over, I burst out laughing after we left the courtroom. This could be his way of relieving stress.


There's just too much going on in this government that turns me off especially with the bailouts and the so-called stimulus package, and I'm not too happy right now. I don't like the thought that every taxpayer, including my grandchildren or great-childen should I have any, are in debt to the government to the tune of ???, (all different figures thrown around on that).


As for posting, I only post when I have something to say. The news is the same old, same old, nothing interesting or new, so why post garbage like some on this board do. Right now, nothing on the news is piquing my interest.


One question I have.....how can O NOT accept the resignation of someone in his cabinet? That one has me stumped.  Anyone has the right to resign from a job. Since when can you not quit a job? You want to answer that one?


Bush sr having lunch with Obama Bin Laden?
freudian slip? LOL. Before you have a canniption...joke. lol.
Here is the Obama vs McCain/Bush tax calculator sm
http://alchemytoday.com/obamataxcut/


Obama said he was going to let Bush's tax cuts expire....
there is nothing at this site that suggests this takes into consideration letting Bush's tax cuts expire. Everyone should look at what Bush's tax cuts were and what you are going to lose when Obama lets them expire. Get the whole story.
THe Bush tax cuts that Obama is going to let expire...
DID help hardworking people. Do you even know what they are? Sheesh.