January 22, 2010
– Comments (10)
Clustestock has the find here:
For anyone suffering from short-term memory loss
Obama never had a chance of being a good president. Too liberal and too corrupt from the get-go.
I usually agree with Marc Faber but sometimes he makes a joke too much.
Obama just completed his first year as a president and every President is a Rookie and thus weak in the first year. Remember even Bubba! Also, by the way the country mowed so much to the right under Bush every attempt to put a more liberal agenda is being labelled as communist. This is Bush's recession, not Obama's and he needs to find a way out of the mess. And it can not be easy...
If Faber said the earth was flat there would be thousands of meatheads who would take that literally too.
Obama just completed his first year as a president and every President is a Rookie and thus weak in the first year. Remember even Bubba! Also, by the way the country mowed so much to the right under Bush every attempt to put a more liberal agenda is being labelled as communist. This is Bush's recession, not Obama's and he needs to find a way out of the mess. And it can not be easy..
Marc Faber Probably supports the supreme court decision too so what he said.
If I remember right there was a surplus in the budget when Clinton left. Those were good years. My recollection of the bad years came when Bush came into office. So this nimrod Faber gets way too much credit to even speak, because the words that come out of his mouth are absolutely untrue and it makes him look either very stupid or very partisan. I never thought anyone could mess up this country the way Bush did. How can people deny that? Obama, is doing an amazing job considering what dissaster was handed to him. It's going to take some time to come out of this mess and it won't happen right away. Many people have stopped spending. I see it in myself, one who usually never thought twice about buying something trendy or techy... now I stop myself and put my $$ away.
Anyway, look at the alternative: Grandpa Senator and Brainless Palin. No thanks!
By the way, Marc Farber... who was in office when you predicted we had hit a bottom in March 09? I think that was Barack Obama. Anyone could have predicted that one, even I did. That was the time I got back in because I had a little confidence in the leadership.
BTW, I got out September, 08 when I could really see the results of Bush's mess... a little late.
I too am a big free market proponent. If anything, the current economic problems are more due to federal participation in the system (through encouragement of home ownership at all costs and through continual "propping up" of Fannie Mae and friends).
But I do find some of the comments here entertaining.
I was never much of a Bush fan...and I certainly never voted for him. However, I stopped blaming him for everything awhile ago. Part of the reason the Democrats are having trouble (in addition to them being far too partisan) is they keep trying to play the "victim card" when it comes to the current situation. The blaming Bush approach may have worked last year, but let's remember that the Democrats have had BOTH houses of Congress since the 2006 election when the Senate became 51/49 and the House became 233/202 - both in favor of the Democratic caucus.
The time has come for the Democrats (and their supporters) to start playing a different tune. At this point, our current economic problems are as much their fault as it is Bush. Guaranteed if the Democrats continue to bang that "Bad Bush" drum, this coming November will be a hard month for them.
Thank you for the replies.
For those that do not know basic math / basic political science here is an easy formula to know:
O = W
There is no REAL difference in the two political parties. It is just talking points.
The country is run primarily by big business colluding with the FED.
Obama and Bush are just there to read the teleprompter and pretend to grasp the events unfolding around them. Clinton was a major puppet too.
Marc Faber is one of the best minds on CNBC. I was Top Fool via abitarePERFECT and was leader in points before this fake rally and Fool staff locked my account for several weeks,.
Let me be clear "Marc Faber walks on water" IMO.
You can read his timeless book "Tomorrow's Gold". He nailed the gold rally long before it became crazy.