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Post by firestorm on Oct 7, 2013 23:01:56 GMT -5
Futures are red. Perhaps Boehner will relent after seeing him roasted by SNL here: www.youtube.com/watch?v=Ik1bdoufPt0 LOL. The joke's on you. Too bad the American public can't put Boehner on permanent ignore (it works terrific here). iPad should remove that video, your post, the follow ups and give you a good spanking for posting the filth. And here I thought it was one of the best pieces SNL has done in years!  |
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Post by nagrani on Oct 8, 2013 13:44:26 GMT -5
I would welcome a chance to meet boehner at a bar.
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coma
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Post by coma on Oct 8, 2013 13:57:49 GMT -5
I'd like to meet him in a dark alley.
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Post by phoebear611 on Oct 8, 2013 15:06:47 GMT -5
I would welcome a chance to meet boehner at a bar. Let's keep politics off the board - some blame republicans and some blame democrats and some blame the president and some blame the system.....suffice to say. Let's just keep it off the board because we ALL have an opinion and it could get ugly fast. Let's just worry about how ALL these idiots are hurting this market. Inexcusable. |
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greggthurman
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Post by greggthurman on Oct 8, 2013 15:07:56 GMT -5
I'd like to meet him in a dark alley. You'd rather the US be added to the list of Countries that are essentially bankrupt, ala Portugal, Ireland, Italy, Greece and Spaon (PIIGS)? |
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Post by redinaustin on Oct 8, 2013 16:20:41 GMT -5
I would welcome a chance to meet boehner at a bar. as would I (all 5' of me) |
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JDSoCal
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"Irrationally discounted"
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Post by JDSoCal on Oct 8, 2013 17:20:47 GMT -5
I would welcome a chance to meet boehner at a bar. as would I (all 5' of me) Would you invite Obama to the bar as well, so you could ask him why he voted against raising the debt ceiling as a senator? Or ask him why he won't sign a bill to mandate paying interest on the debt, to calm markets, and agree to funding obvious things like allowing WWII vets to visit their memorial, while this debt debate is worked out? I could go on, but Phoebe is right, this could get ugly fast... |
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Post by ericinaustin on Oct 8, 2013 17:32:18 GMT -5
as would I (all 5' of me) Would you invite Obama to the bar as well, so you could ask him why he voted against raising the debt ceiling as a senator? Or ask him why he won't sign a bill to mandate paying interest on the debt, to calm markets, and agree to funding obvious things like allowing WWII vets to visit their memorial, while this debt debate is worked out? I could go on, but Phoebe is right, this could get ugly fast... "I could go on but since I've now made my silly useless political jab I hope everyone will take phoebes' advice"....... Ok JD , We will we will  Eric in Austin |
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Post by Red Shirted Ensign on Oct 8, 2013 17:53:07 GMT -5
There are a thousand political websites out there from redstate.com to the Dish to Taegon Goddard's Political Wire to all the newspaper blogs that are endlessly arguing about who did what to whom and what the strategy of x, y and z is as the political endgame develops. I agree we should try to leave this out of the AFB2 universe as much as possible...history shows we can get snarky with each other fast. While it all affects APPL's price action, maybe we refer to it as "the insanity in D.C." and that covers everybody regardless of political persuasion (And I am still mad at Mercel that he picked the IPAD/Mavericks event day correctly and I missed it by one) |
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Post by aapl4kiki on Oct 8, 2013 17:58:53 GMT -5
There are a thousand political websites out there from redstate.com to the Dish to Taegon Goddard's Political Wire to all the newspaper blogs that are endlessly arguing about who did what to whom and what the strategy of x, y and z is as the political endgame develops. I agree we should try to leave this out of the AFB2 universe as much as possible...history shows we can get snarky with each other fast. While it all affects APPL's price action, maybe we refer to it as "the insanity in D.C." and that covers everybody regardless of political persuasion (And I am still mad at Mercel that he picked the IPAD/Mavericks event day correctly and I missed it by one) These politico discussions need to be moved to AFB3. |
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Post by Lstream on Oct 8, 2013 18:24:32 GMT -5
There are a thousand political websites out there from redstate.com to the Dish to Taegon Goddard's Political Wire to all the newspaper blogs that are endlessly arguing about who did what to whom and what the strategy of x, y and z is as the political endgame develops. I agree we should try to leave this out of the AFB2 universe as much as possible...history shows we can get snarky with each other fast. While it all affects APPL's price action, maybe we refer to it as "the insanity in D.C." and that covers everybody regardless of political persuasion (And I am still mad at Mercel that he picked the IPAD/Mavericks event day correctly and I missed it by one) Agree entirely. Politics can be discussed in many other places, including the Apple And Politics thread here. |
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platon
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"All we can know is that we know nothing. And that's the height of human wisdom.? Tolstoy
Posts: 622
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Post by platon on Oct 9, 2013 14:23:51 GMT -5
What? We don't have a spending problem we have a taxing problem. The Republic is dead and and we will all get the chance to see how a pure Democracy works. My guess is it will be an unpleasant experience.
From the WSJ
OPINIONNovember 28, 2012
Cox and Archer: Why $16 Trillion Only Hints at the True U.S. Debt
Hiding the government's liabilities from the public makes it seem that we can tax our way out of mounting deficits. We can't.
"When the accrued expenses of the government's entitlement programs are counted, it becomes clear that to collect enough tax revenue just to avoid going deeper into debt would require over $8 trillion in tax collections annually. That is the total of the average annual accrued liabilities of just the two largest entitlement programs, plus the annual cash deficit.
Nothing like that $8 trillion amount is available for the IRS to target. According to the most recent tax data, all individuals filing tax returns in America and earning more than $66,193 per year have a total adjusted gross income of $5.1 trillion. In 2006, when corporate taxable income peaked before the recession, all corporations in the U.S. had total income for tax purposes of $1.6 trillion. That comes to $6.7 trillion available to tax from these individuals and corporations under existing tax laws.
In short, if the government confiscated the entire adjusted gross income of these American taxpayers, plus all of the corporate taxable income in the year before the recession, it wouldn't be nearly enough to fund the over $8 trillion per year in the growth of U.S. liabilities. Some public officials and pundits claim we can dig our way out through tax increases on upper-income earners, or even all taxpayers. In reality, that would amount to bailing out the Pacific Ocean with a teaspoon. Only by addressing these unsustainable spending commitments can the nation's debt and deficit problems be solved."
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Post by leonb on Oct 13, 2013 15:35:54 GMT -5
Does anyone think the US might default this week? This is surely the biggest short term threat to the stock, as the implications could be massive and impossible to reverse. I'm not American, but getting increasingly pissed off with the politics there. If the US defaults, the people should put party preferences aside and vote against any incumbents, to restore a sense of collective responsibility.
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marcellus
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Post by marcellus on Oct 13, 2013 15:52:59 GMT -5
There are no words to describe the ineptitude of our government today.
As an American, I'm embarrassed.
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Post by phoebear611 on Oct 13, 2013 17:00:19 GMT -5
Does anyone think the US might default this week? This is surely the biggest short term threat to the stock, as the implications could be massive and impossible to reverse. I'm not American, but getting increasingly pissed off with the politics there. If the US defaults, the people should put party preferences aside and vote against any incumbents, to restore a sense of collective responsibility. None of us should be waiting for the US to default to vote ALL incumbents out....I plan on doing that already...I'm with Mercel, I am embarrassed at the ineptitude, stubbornness, lack of compromise, and resolution for the greater good. It is borderline repulsive and I wish no one would offer any of them a microphone and television camera ... that's all they love...the limelight. ugh. And right on cue - S&P futures down as markets begin to open...lovely. |
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Post by chasmac on Oct 13, 2013 23:13:16 GMT -5
Voting out all incumbents is intellectually lazy. How about figuring out who cares for the American people and who doesn't? Pretty easy to see who the no nothing nincompoops are that are trying burn the place to the ground. It's evident that the gerrymandered nitwits took the economy hostage, changed the ransom demands and really don't care if the hostage dies.
Why is it that it was all about the ACA but now it's about spending and cutting social programs?
I thought it was about "saving money" even though this is costing a fortune in lost business every day?
I thought it chapped their hides that "people are getting something for nothing" even though they are now going to pay federal workers back pay, essentially paying them to sit at home and do nothing?
Who really thinks that somehow shutting down and defaulting won't do irreparable harm to this country, that we can magically slim down overnight and be ok? You have a faction that really believes that!
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JDSoCal
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"Irrationally discounted"
Posts: 3,220
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Post by JDSoCal on Oct 13, 2013 23:30:38 GMT -5
Does anyone think the US might default this week? No, because tax receipts are still coming in at a rate magnitudes more than enough to cover interest on our debts. This "default" language is boogeyman nonsense. |
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Luckychoices
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Long AAPL Stock: No Trading, No Options, No Selling (except for annual RMD)
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Post by Luckychoices on Oct 13, 2013 23:32:33 GMT -5
Voting out all incumbents is intellectually lazy. How about figuring out who cares for the American people and who doesn't? Pretty easy to see who the no nothing nincompoops are that are trying burn the place to the ground. It's evident that the gerrymandered nitwits took the economy hostage, changed the ransom demands and really don't care if the hostage dies. Why is it that it was all about the ACA but now it's about spending and cutting social programs? I thought it was about "saving money" even though this is costing a fortune in lost business every day? I thought it chapped their hides that "people are getting something for nothing" even though they are now going to pay federal workers back pay, essentially paying them to sit at home and do nothing? Who really thinks that somehow shutting down and defaulting won't do irreparable harm to this country, that we can magically slim down overnight and be ok? You have a faction that really believes that! Nicely summarized, chasmac. I couldn't have put it any better. |
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Post by gtrplyr on Oct 13, 2013 23:35:41 GMT -5
Voting out all incumbents is intellectually lazy. How about figuring out who cares for the American people and who doesn't? Pretty easy to see who the no nothing nincompoops are that are trying burn the place to the ground. It's evident that the gerrymandered nitwits took the economy hostage, changed the ransom demands and really don't care if the hostage dies. Why is it that it was all about the ACA but now it's about spending and cutting social programs? I thought it was about "saving money" even though this is costing a fortune in lost business every day? I thought it chapped their hides that "people are getting something for nothing" even though they are now going to pay federal workers back pay, essentially paying them to sit at home and do nothing? Who really thinks that somehow shutting down and defaulting won't do irreparable harm to this country, that we can magically slim down overnight and be ok? You have a faction that really believes that! Nicely summarized, chasmac. I couldn't have put it any better. Also agree. BTW, while the term "Default" might be too strong in the short term the psychological harm done by this country essentially saying it does not want to keep paying it's debt is very real. |
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marcellus
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Post by marcellus on Oct 13, 2013 23:44:55 GMT -5
I'm voting against all incumbents. We need terms limits but that's not happening, so this is the next best thing. Period.
You want more of the same? Vote 'em back in for another term.
The fact is, the people with name familiarity collect the votes and have been there too long, co-opted by special interests (Thanks Supreme Court!) from their "years of service."
I've had enough of career politicians. Call it names if you will, but this government ain't working. [Insert definition of masochist here]
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