02-05-2013, 04:07 PM
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#1
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Heisman Finalist
Join Date: Apr 2011
Posts: 4,326
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CBO forecasts 1.4 GDP, 8% unemployment and 7 million to lose health insurance
Where is the outrage? Oh, I forgot that nobody dares to queston the messiah or you will be labled.
http://www.breitbart.com/Big-Governm...alth-Insurance
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02-05-2013, 06:33 PM
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#2
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Junior
Join Date: Sep 2008
Posts: 495
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108, md, river??
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02-05-2013, 07:39 PM
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#3
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Premium Member
Join Date: Aug 2008
Location: Estero, Fl
Posts: 11,336
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1.4% growth...wow...that is pathetic but it is what you get when you have a no growth agenda like these clowns bring to the table. no worries, we can just tax and print our way out of it...
let me guess...it is bush's fault, no the tea party, no wiat, i got it Palin, that's it, Palin is the problem
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02-05-2013, 09:06 PM
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#4
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Heisman Winner
Join Date: Sep 2010
Location: East Coast of FL
Posts: 5,626
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Quote:
Originally Posted by G8trGr8t
1.4% growth...wow...that is pathetic but it is what you get when you have a no growth agenda like these clowns bring to the table. no worries, we can just tax and print our way out of it...
let me guess...it is bush's fault, no the tea party, no wiat, i got it Palin, that's it, Palin is the problem
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Forgot the evil 1%
__________________
Res ipsa loquitur
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02-05-2013, 09:08 PM
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#5
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Join Date: May 2009
Posts: 4,578
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Let's be more like China!
__________________
The nicest guy on GC! 24 in a row here we come!
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02-05-2013, 09:15 PM
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#6
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Premium Member
Join Date: Apr 2007
Posts: 8,301
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When Obama's term is done and we look more like Spain then they will criticize him, but until then, we will hear nothing from main stream media except crickets...
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02-05-2013, 09:33 PM
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#7
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Gator Country Silver
Join Date: Sep 2007
Posts: 8,859
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Just opening the link and seeing a photo of HIM was enough to make me stick to my stomach before I even had a chance to read the bad news HE has inflicted upon us all.
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02-05-2013, 09:37 PM
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#8
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Gator Country Gold
Join Date: Apr 2007
Posts: 21,010
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Quote:
Originally Posted by bluelang
Let's be more like China!
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Better yet, lets export Obama to China.
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02-07-2013, 07:29 AM
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#9
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Premium Member
Join Date: Apr 2007
Posts: 8,271
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Why would there be outrage? The media carries Obama's luggage. And the 47% want free chit and don't think they will be paying the tab. And do you think the mooches, slackers and bums care what GDP growth is? They don't even know what it means. (ask a few people around the office or in the mall) As long as they get their multiple guvmint payments and free cell phone, they are fine.
We passed the tipping point in 2008 and except for the Tea Party rallying the troops in 2010, it ain't getting better. And no bull$hit about the tea party being terrorists...my wife and a bunch of her friends flew to DC for several rallies and it was a well behaved group of middle aged and senior "taxpayers" concerned with the country's direction.
__________________
"In the 80's we had Ronald Reagan. We also had Bob Hope and Johnny Cash. Now we got Obama, no Hope and no Cash."
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02-07-2013, 09:17 AM
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#10
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Heisman Winner
Join Date: Apr 2007
Location: The ATL
Posts: 5,360
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Quote:
Originally Posted by PSGator66
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OFFICIAL NOTICE: This poster has thoughts and ideas that are not consistent with or in keeping with the policies and ideas expressed by Barack Obama and/or the Democrat party. Accordingly, you are hereby notified that the thoughts, ideas and facts presented by this poster constitute hate speech and you are warned that, as such, they may cause discomfort or offense to Democrats, liberals, those educated by the government, non-achievers, those suffering from wealth-envy and followers of The Chosen One. Govern yourself accordingly.
__________________
All your trophy are belong to us
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02-07-2013, 09:42 AM
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#11
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Heisman Candidate
Join Date: Jun 2007
Posts: 2,106
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Quote:
Originally Posted by secgator
The content in the article is bad enough, but did they have to use a photo of that pile with his typical smug mug look?
Just opening the link and seeing a photo of HIM was enough to make me stick to my stomach before I even had a chance to read the bad news HE has inflicted upon us all.
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You just know he spends hours at a mirror to get that scowl down pat.
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02-07-2013, 05:04 PM
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#12
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Premium Member
Join Date: Apr 2007
Location: Wilmington, NC
Posts: 4,038
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Don't we need 3 to 4 percent GDP just to get out of a recession? We certainly have a bright future under Obama. Too bad this Country has been lost to the entitlement holders.
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02-07-2013, 05:34 PM
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#13
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Heisman Winner
Join Date: Apr 2007
Posts: 7,131
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GDP probably estimated to high, the other two to low.
The informed challenged and runaway entitlements will destroy the country.
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02-07-2013, 08:00 PM
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#14
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Premium Member
Join Date: Apr 2007
Posts: 7,150
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i suspect GDP will be less then 1.4%.....
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02-07-2013, 08:43 PM
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#15
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Premium Member
Join Date: Apr 2007
Posts: 5,342
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Nobody told you guys it was Bush's fault?
__________________
"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that justifies it."
Frederic Bastiat
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02-07-2013, 09:52 PM
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#16
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Premium Member
Join Date: Apr 2007
Posts: 12,194
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I keep saying this for 4 years but I'll do it again. The market is a fraud. That 14K on the DOW is almost 5K overvalued thanks to the Fed dumping nearly $4 Trillion into the market with near 0% interest rates for over 4 years. Then, to get the next fix in, they had to give the Fed a blank check to pump in 4 GEs every month into the markets. Once that funny money is withdrawn, adios market and then adios jobs.
I've been at 25% stocks since last summer and I fully expect the markets to fall before the summer simply because the Fed's drugs will have little effect by then. Each QE has been larger yet with diminishing results.
__________________
"I am a Republican, a black, dyed in the wool Republican, and I never intend to belong to any other party than the party of freedom and progress" - Frederick Douglass, lived a slave, died a statesman, and 1st Black Presidential candidate
http://www.rainydaypatriots.org/
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02-08-2013, 06:40 AM
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#17
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Heisman Candidate
Join Date: Apr 2007
Posts: 2,122
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Quote:
Originally Posted by RealGatorFan
I keep saying this for 4 years but I'll do it again. The market is a fraud. That 14K on the DOW is almost 5K overvalued thanks to the Fed dumping nearly $4 Trillion into the market with near 0% interest rates for over 4 years. Then, to get the next fix in, they had to give the Fed a blank check to pump in 4 GEs every month into the markets. Once that funny money is withdrawn, adios market and then adios jobs.
I've been at 25% stocks since last summer and I fully expect the markets to fall before the summer simply because the Fed's drugs will have little effect by then. Each QE has been larger yet with diminishing results.
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Writing the truth around here gets you no-where fast...but you HAVE TO keep trying...
__________________
"Either you repeat the same conventional doctrines everybody is saying, or else you say something true and it will sound like it’s from Neptune." Noam Chomsky
"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time a legal system that authorizes it and a moral code that justifies it." Frederic Bastiat
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02-08-2013, 03:38 PM
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#18
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Heisman Winner
Join Date: Sep 2010
Location: East Coast of FL
Posts: 5,626
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Quote:
Originally Posted by RealGatorFan
I keep saying this for 4 years but I'll do it again. The market is a fraud. That 14K on the DOW is almost 5K overvalued thanks to the Fed dumping nearly $4 Trillion into the market with near 0% interest rates for over 4 years. Then, to get the next fix in, they had to give the Fed a blank check to pump in 4 GEs every month into the markets. Once that funny money is withdrawn, adios market and then adios jobs.
I've been at 25% stocks since last summer and I fully expect the markets to fall before the summer simply because the Fed's drugs will have little effect by then. Each QE has been larger yet with diminishing results.
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Agree, I've been 100% out of stocks since the DOW went back of 10,500. It is so overbought, and the FED just keeps pouring money into the system.
__________________
Res ipsa loquitur
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02-08-2013, 04:10 PM
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#19
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Premium Member
Join Date: Aug 2008
Location: Estero, Fl
Posts: 11,336
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the market is up due to the fed pumping but the P/E ratios are not bad on a historical basis.
my money is mostly in small to mid cap domestic oilers that just keep ramping up proved reserves y/y as they tap into more and more unproven benches. Like domestic oil to hedge against weakening dollar.
MLP refiners are kicking arse and taking names. NTI, CVRR, and MPC are doing great for me and will continue to do so as long as the WTI / Brent spread remains above $15 or so. Variable divi's but currently over 20% and should remain so as long as the spread is good.
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02-08-2013, 04:44 PM
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#20
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Heisman Winner
Join Date: Sep 2010
Location: East Coast of FL
Posts: 5,626
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Quote:
Originally Posted by G8trGr8t
the market is up due to the fed pumping but the P/E ratios are not bad on a historical basis.
my money is mostly in small to mid cap domestic oilers that just keep ramping up proved reserves y/y as they tap into more and more unproven benches. Like domestic oil to hedge against weakening dollar.
MLP refiners are kicking arse and taking names. NTI, CVRR, and MPC are doing great for me and will continue to do so as long as the WTI / Brent spread remains above $15 or so. Variable divi's but currently over 20% and should remain so as long as the spread is good.
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Don't you think all these companies will be hammered in a broad sell-off?
__________________
Res ipsa loquitur
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