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Nah. It'll be the same group that always buys the majority of US Treasuries... Americans.
I'd rather associate with a well-guided, open-minded and informed non-Americans than misguided, closed-minded, and ignorant Americans.
I must be crazy to be in a loony bin like this.
yea, the t-bonds are a great deal. I can't think of anything better than getting a 1.5% yield on a 10 year time horizon from the biggest debtor nation in the history of the world. Sounds like a bargain.
That's why we cling to our guns and our bible
Vist http://www.potus08blog.com for the latest election news.
Barack's comments that are generating all of the controversy: "You go into these small towns in Pennsylvania and, like a lot of small towns in the Midwest, the jobs have been gone now for 25 years and nothing's replaced them," Obama said. "And they fell through the Clinton Administration, and the Bush Administration, and each successive administration has said that somehow these communities are gonna regenerate and they have not. And it's not surprising then they get bitter, they cling to guns or religion or antipathy to people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations."
They're already diversifying out of the dollar, but nice try.
This is why I say some of you are obsessed with me. How many times have you posted in this thread? I have such a large impact on your life. It's pretty funny actually.
For once you have created a thread that's generated some interest and you're still whining?
However you are not running a big pension fund or big insurance company where you need a particular asset mix to fund your liabilities...
Lurking on tRCMB since 1996
Your post was a good read except for parts of that paragraph.
My thoughts on it:
"The other side of our problem has to do with what kind of country we want going forward."
This was actually voted on in this election. In spite of Obama taking a hit on the economy, this vote tells you that people are tired of the social and religious stances that are coupled with the GOP agenda. Republicans need to stop talking about banning abortion, legitimate rape, cutting off access to birth control, and other ways to sneak in pro-life agendas. They need to stop opposing gay marriage, etc. People are tired of this aspect of the republican agenda. This is not the dark ages any more. The GOP needs to stop pushing it's beliefs (Christian beliefs) on people -- they are tired of it.
"But for the past 4 years we have had a President who declares wars by himself,"
Distorting the truth doesn't help further the conversation. Obama enduring legacy is that he got us out of the mess in Iraq. Bush's legacy is that he got us into a war on a false pretext. When you try to paint Obama in the light in which we see Bush, it comes off as utterly ridiculous, and makes me suspicious of your intentions, of your evaluation process, and of the people you choose to support. What I'm saying is -- this attempt at painting Obama as a warmonger is so disgustingly & maliciously wrong that it kills my ability to listen to people who do that. Republicans need to stop this type of spinning.
"passes NDAA that takes away our civil liberties (yes I know, just like the Patriot Act)"
I am not a fan of this action at all. However, I agree so strongly with Obama on so many other issues, and disagree so strongly with Romney on so many other issues, that this does not sway my vote. Second -- none of our presidents recently have been doing a good job with NDAA / Patriot Act / wiretapping / etc. But I'm at the point where I distrust republicans so much that the "lesser of two evils" choice is clear for me. The social agenda has a lot to do with that as well: it's like the republicans care about civil liberties in cases such as NDAA which affect such few people, but are always willing to tread on civil liberties when it comes to abortion, gay marriage, stances on rape etc. If you're asking me which to choose, I'll go pro-choice, pro-women, pro-gay & lesbian people every time. I'm so desperately frustrated that the republicans keep bringing this up in fact, because for me it means that I only have 1 choice about who to vote for -- the republican candidate is just automatically disqualified every time! I can say, with 100% honesty, that if republicans were to respect individual choice, stop cramming religion down my throat, and develop some foreign policy where we make more friends and wage less wars, then I'm much much more inclined to listen to what they have to say on the economy, and my vote is up for grabs.
"and essentially just does whatever he wants with no regard for the structure of our government. He also seems to have no problem lying with impunity. It is simply amazing how often he lies. This is a very dangerous road to go down and for some reason many of you who cried the loudest when Bush abused his powers seem to relish the same behavior when Obama does it."
This is where your paragraph just becomes fiction. But the rest of your post was nice enough that I thought it deserved an honest response.
You sir are a great American.
You'd be hard presses to convince me that Obama lies significantly more than any other politician.
Confidence in the economy is being supported through stunning deficit spending.
The POTUS and congress have a very tricky job in front of them to wean us off this buffer without plunging us into economic despair.
Could Romney do that better than Obama?....maybe (big banking sure thought so)
Are we all doomed....I doubt it.
nice post. I agree that most posters around here lack a full appreciation of just how poor the US market fundamentals are right now, and just how much trouble the country is still in. I also agree that those fundamentals are not going to get better anytime soon, and that neither Obama nor Romney were likely to make a material difference one way or the other. very few people around here seem to understand that an "increase" in home sales or home prices through a return to an over-levered housing market is not a positive, for example.
I will say that I was a fan of Obama's proposal to use tax policy as a means of "encouraging" US employers to return manufacturing jobs to the country. unfortunately, he seems to have quieted on that front and I have zero confidence in anything happening during his second term to push the issue. no turnaround in the US is going to take root until we do something to provide opportunities for those who - and there is really no other way to say it - lack the skill set or the desire to work 60 hours a week in a service economy. true reform of our tax code is also long-since overdue, but that isn't going to happen under a second Obama administration, either.
as was the case with his first term, Obama will continue to be little more than an after-dinner sorbet to cleanse our collective palate after the Bush II debacle. not a bad thing at all, probably not a bad idea for the country to sit quiet and digest a little more before trying to seriously tackle the issues. after all, another 4 years will mean more retirements and death of the baby boomers, who continue to skew US policy and actions incredibly.
those "issues", btw, should not include abortion (Roe v Wade isn't going anywhere), gay marriage (it is a state, not federal issue), or any other number of ancillary issues that are an entertaining distraction but nothing more. it is incredible to me that, in a nation on the verge of serious recession and perhaps even depression, people vote on the basis of issues that are so utterly immaterial to what our federal government should be focused on.
I think we should take some of these people, and send 'em up to Bear Mountain for a picnic.
Look at meeeeeee.
I want someone to thnk I matter.
Reality is if any poster disappeared forever they would be nearly forgotten in 90-120 days or sooner.
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