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Wall Street loves the new president....ouch! nm

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

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Wall Street loves the new president....ouch! nm
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Oh Wow. Don't think Wall Street
likes what was done today. It's down 383.73 points and it's not even 4:00 yet!
Wall Street Journal for one

I know, I know a "liberal rag"!!!!   ha ha ha


 


90% of Wall Street is owned and run by....sm
liberal democrats.



From the Wall Street Journal

World greets Obama:


http://online.wsj.com/article/SB122592900344403049.html


Obama's Dour Vision:


http://online.wsj.com/article/SB122592129148302567.html


What an Obama Presidency Means for Your Money:


http://online.wsj.com/article/SB122591367859702209.html


Pelosi, Automakers to Meet:


http://online.wsj.com/article/SB122599560485005549.html


Obamas's Real Opposition:


http://online.wsj.com/article/SB122593259568103473.html


 


Wall Street Grieves

The stages of grief:


Denial - okay that was last year, just read old Paulson reports.


Anger -  that was Lehman Bros.


Bargaining - TARP anyone?


Depression - 


Acceptance -


I think we have a ways to go until they get over it.....


It should be $$ for banks, big oil and wall street, right?
x
wall street journal more credible than CNN?
One of them is a link to a video...hard to say that was manufactured. It wasn't...I saw it live. Just leave it up to the people to decide. Both sides presented, and people can do their own research as well. They should not take what I post for the truth, or what anyone posts. It is a place to start to look on their own. I would just advise...both sides...anything on blogs needs to be verified with something a bit more credible.

This is America, and there is nothing wrong with presenting both sides of an issue. Is there?
Wall street bonuses expected

http://www.foxbusiness.com/story/markets/industries/finance/wall-street-bonuses-expects-come-season-despite-bailout/


Paying bonuses this year is likely to result in a lot of backlash from the average American. After all, even with bonuses down dramatically, they are still higher than the average American, who is losing his or her home, makes. Not to mention the government bailout of financial firms, which seems to change daily, is coming from taxpayer dollars. Concerns abound—rightly or wrongly--that some of the $700 billion bailout could go to pay bonuses this year.


Wall Street has zero confidence in Obama's
nm
Wall Street Journal says Obama's tax cuts

Some need to pay close attention to this.........  it's called welfare handouts.  "Entitled mentality".  The working class will get NO tax cuts.  You all will be working to put money in the hands of those that do not.  It makes perfectly good sense.  I've been saying there is no way he can do anything he is leading people to believe he can because 1/3 of people in this country pay NO TAXES.   He has led so many to believe he will cut middle class when he can't.  He is blatantly trying to disguise "government handouts" as "tax credits".   You want your hard earned money going to everyone who doesn't bother to work? 


One of Barack Obama’s most potent campaign claims is that he’ll cut taxes for no less than 95% of “working families.” He’s even promising to cut taxes enough that the government’s tax share of GDP will be no more than 18.2% — which is lower than it is today.


It’s a clever pitch, because it lets him pose as a middle-class tax cutter while disguising that he’s also proposing one of the largest tax increases ever on the other 5%. But how does he conjure this miracle, especially since more than a third of all Americans already pay no income taxes at all? There are several sleights of hand, but the most creative is to redefine the meaning of “tax cut.”


For the Obama Democrats, a tax cut is no longer letting you keep more of what you earn. In their lexicon, a tax cut includes tens of billions of dollars in government handouts that are disguised by the phrase “tax credit.” Mr. Obama is proposing to create or expand no fewer than seven such credits for individuals[.]


 


Wall street, China, Japan, whoever they gave
@
this from the wall street journal, interesting article
http://online.wsj.com/article_email/SB122515112102674263-lMyQjAxMDI4MjI1ODEyNTgxWj.html
Should Wall Street Bankers have their compensation capped?

Wall Street bankers, with their $18 billion in bonuses, private jets and gaudy conferences, are causing headaches for the GOP.


President Obama has proposed capping compensation for executives at banks that take taxpayer bailout money at $500,000. Republicans hate the idea -- a position puts them uncomfortably on the side of people currently about as popular as child-porn producers and subprime mortgage brokers.


Senate Minority Whip Jon Kyl (R-AZ) blamed the "tone deaf" bankers for creating the political environment that allows Obama to call for a cap.


"Because of their excesses, very bad things begin to happen, like the United States government telling a company what it can pay its employees. That's not a good thing in America," Kyl told the Huffington Post.


"What executives have done is troubling, but it's equally troubling to have government telling shareholders how much they can pay the executives," said Sen. Mel Martinez (R-FL).


Sen. James Inhofe (R-OK) said that he is "one of the chief defenders of Obama on the Republican side" for the president's efforts to reach across the aisle. But, said Inhofe, "as I was listening to him make those statements I thought, is this still America? Do we really tell people how to run [a business], and who to pay and how much to pay?"


Democrats argue that banks that take government money must accept any rules the government decides to send with it. Massachusetts Sen. John Kerry and Rep. Barney Frank are both working on legislation that would complement Obama's attempt to get a handle on executive compensation.


It's not a novel concept, and it's one the GOP supports -- when applied to welfare recipients, at least. "We demand that welfare recipients do an honest day's work for their checks.


It was leaked to the Wall Street Journal, so I'm not sure what your point is.
Assuming you have one?
Wall Street Journal is owned by Rupert Murdoch
same owner of Fox Noise
"Evil" is George Bush, Wall Street, the Banks,
NM
I hate Wall Street. Hope that whole fake-money
$ + $ on WS = 0.
ABC: Obama Is Hypocritical For Limiting Wall Street Pay While Having A ‘Lavish Lifest
Yesterday, President Obama instituted a pay cap on bailed out businesses after it was revealed that Wall Street doled out an estimated $18.4 billion in bonuses last year. “If the taxpayers are helping you, then you’ve got certain responsibilities to not be living high on the hog,” he explained.

In what appears to be an attempt to call Obama a hypocrite, ABC’s Scott Mayerowitz “reports” today that the President also has a “lavish lifestyle.” Under the title: “Obama’s Perks: Private Jet, Chef Tax-Free,” ABC notes that Obama earns $400,000 dollars a year and even has a private jet:



The president makes $400,000 a year, but hasn’t received a raise from Congress since 2001. He also gets a $50,000 annual entertainment expense account (any unused money at the end of the year must go back to the Treasury.)


Then there is the use of two private jets, Boeing 747s better known as Air Force One. And of course the constant security details, drivers, a private chef, a country vacation estate and the rent-free use of a well-known, 132-room mansion called the White House. The president also used to have a yacht, until Jimmy Carter sold it.


As its evidence that “corporate America” is upset, ABC said that “some Wall Street bloggers” are angry with the compensation cap. But the article cited only one blogger, Dealbreaker.com, who — apparently poking fun at Sen. Claire McCaskill’s statement — remarked, “Some accountability needs to be put in place. We won’t have them kicking sand in the face of taxpayers any longer.” Dealbreaker.com also suggests charging rent for White House tenants.


Comparing the President to Wall Street CEOs is absurd. The “private jet” that Obama uses is Air Force One, which is used as a security precaution and necessary for the dozens of staff and press that accompany the President on every trip. Each use of the jet by the President is regarded as a “classified military operation” in order to ensure the President’s safety.


Furthermore, Obama’s salary is set by Congress (whose members are elected by the public). CEO compensation is decided internally within the company, usually by its board of directors. The problem with recent excessive CEO compensation was that executives receiving federal funds were still rewarded for failure with tens of millions of dollars from their companies.


The President, on the other hand, does not get a bonus for his performance, good or bad. Indeed, Presidents Bush and Obama earn the same salary. County Fair at Media Matters has more.


Wait - he wants to monitor health care? Like he monitored Wall Street? Pass.
xx
the death of Wall Street is the death of the USA...you really want that????? nm

PS: OUCH, yourself.
x
OUCH! sm
Based on this calculator:

My family's portion: $82,797

Additional taxes each year: $5333

Tax increase: 222%

Total paid over 30 years at 5% interest: $160,009

What I could have instead:
12 Chevy Aveos
or
6 college tuitions
Or
123 IMACs
or
40 vacations (of which I have NEVER taken an actual family vacation because I could not afford it, but the government has no problem taking the money that I couldn't afford for a vacation for this spendulous package)

Just about enough to boil your blood, ain't it?


ouch. pulsate.

nm


 


"Obviously" - OUCH - I am being

so wounded by all these exclusionary posts.  I guess I am being shunned.  Oh boo hoo.  Cackle, wheeze, snort.


 


"We know" -- ouch I am being excluded.

I shall probably die.


 


Ouch! doesn't take money for me to be
rich, honey. Didn't mean to rile you up so.
Jim Cramer vs. Jon Stewart...ouch..(sm)

http://www.thedailyshow.com/full-episodes/index.jhtml?episodeId=220533


Thank you Jon!


my God loves you, my God loves me
ALL is in divine and perfect order
God loves McCain too.
Get it? God loves us all. No one more than the other.
No one who loves Obama ever wants to believe
##
I do not understand it. I think he just loves
the campaigning last year. He never makes sense to me. He just talks and talks with lots of prepositions and adjectives, but never makes it real clear as to what he is doing. Nothing new to me, just the same old blah, blah, blah. A lot of what he says is what McCain used to say. Talk about a president putting major fear in you!

In fact, he scares me to death.

Also, I just do not think this stimulus is going to work. Think about it. If you were in debt? Would you actually keep spending and spending and going into more debt? Then you borrow money from family and friends and guess what? You are still in debt plus now more in debt because you owe money to your friends and family! Now you want to borrow money from your children and get more into debt. Then what? You basically go bankrupt. Isn't that what we are doing with this country and giving the debt for our children?

Shouldn't we make cuts here and there to try not to go more into debt? Need to save in case of future disasters and repairs? Instead of spending and spending. I thought Bush liked to do that!

I see the great depression coming with inflation raising its ugly head. I betcha a gallon of milk will cost 8.00 for half a gallon.
I cannot say about Franken....and whether he loves the country or not...
but to say Michael Moore cares deeply about this country is ridiculous. One has only to listen to what he says. He holds this country in contempt.

Ann Coulter makes juvenile insults...okay fine. Franken makes bigoted hateful insults...especially about gays. Pot calling kettle black, big time. If Ann Coulter was on your side of the fence making juvenile insults about Republicans you would be lauding her as well. Kinda transparent...and extreme partisan. I condemned them all...you condemned only the Republican. That speaks for itself.
Oregon loves Obama!
Wow, did you see the headline about Obama in Oregon?  His rally had 65,000 yesterday with another 15,000 who couldn't fit in, plus more on boats watching from the water.  That must have been something!  Here's to hoping for a big margin for Obama in Oregon tomorrow and in November!
Refreshing to see he loves his wife, and isn't
And it's about time, too. Out with the old, and in with the new!

YAAAYYYYYY!!!!!!!!!
Well, gee. I think Bush loves his wife too.
nm
You know what they say . . . misery loves company!!
xx
Bush loves terrorists..he creates them
Seems to me Bush and his ilk love terrorists, after all, by illegally invading a soverign nonthreatening country, he destabilized it and created a terrorist breeding ground..
She loves genocide, if it's done in the *right* place and to the *right* people.

Her love and kindness for her fellow man certainly shows in her comments on Oklahoma City.


My only regret with Timothy McVeigh is he did not go to the New York Times Building.


--Ann Coulter as quoted in the New York Observer, Aug. 20, 2002


RE: McVeigh quote. Of course I regret it. I should have added, 'after everyone had left the building except the editors and reporters.'


--Ann Coulter, from an interview with Right Wing News


And Israel loves those suicide bombers.
Your posts are disquieting. Why do you defend Hezbollah?
Another liberal who loves every living thing...
as long as it is not a conservative and agrees with everything they say. Moderator says we can post on either board. I would hate to be so closed-minded I tried to run off anyone who disagreed with me. Good grief. Did this turn into Venezuela overnight?
You hit that right on, BB. Talk about misery loves company!!

And the stock market LOVES it while Boy Wonder flits around!
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Obama couldn't do that........ he loves to smoke!!!
nm
Double standard is right... and loves to call other
nm
Who cares if he has family values and loves this country!

Calypso Louie Loves Hussain Obama
This should scare the holy hanna out of anyone who votes here:

Nation of Islam Minister Louis Farrakhan is very closely aligned to this man.

Remember, this man hates gays, hates whites, etc. If that's not keeping some really questionable company, go ahead and put the blindfold on and vote for a Democrat.


If customary deference to a sitting president by president elect
for the rest of us who understand such concepts as respect and traditional protocol, it would qualify as a darned good reason.
Two-way street not so equal?
Just my 2 cents... though it is definitely a 2-way street with both conservative and liberal radio talking heads (and others) make these comments about all kinds of stuff, including assassinations of either Bush or Obama... I do see a difference here - in that there are a large number of folks in this country who think Bush should be in prison, impeached, or at the very least, hasn't done our country a big favor with this war...with popularity at an all-time low... NOT that I'm saying he deserves to be assassinated, I'm not!!

But this talk of Obama being in danger - it is not because he has done something wrong, it is not because he is a hugely unpopular person (quite the contrary), and it is not because of his actions.... it is about the color of his skin. Racism. And, fear.

Thanks for listening to my 2 cents...
I would not walk across the street to see either one of them. nm
nm
Picking anyone up off the street........sm
In looking further into al-Marri's case, I see that he did have charges of credit card fraud and making false statements to the FBI (you just don't mess with those guys!) so apparently he was not held illegally. I don't see this setting a precedent for unjust arrests of American citizens just going about their business.

As to your second paragraph....ROFL!! Count your lucky stars!