Remember when casino magnate Steve Wynn, in 2012, said "Obama so Anti-Biznezz!!

[Cigar]

http://photos.lasvegassun.com/media/img/photos/2011/04/13/stevewynn_t140.jpg?3bd2d71baadc603dc73c6ecde5b8390 91aaf8d75


“I’m afraid of the president. I have no idea what goofy idea, what crazy, anti-business program this administration will come up with,” Wynn said. “Every business guy I know in the country is frightened of Barack Obama and the way he thinks.”

http://www.vegasinc.com/news/2012/oct/10/wynn-says-hes-afraid-build-las-vegas-because-obama/
(http://www.vegasinc.com/news/2012/oct/10/wynn-says-hes-afraid-build-las-vegas-because-obama/)http://finance.yahoo.com/echarts?s=WYNN+Interactive#symbol=wynn;range=5y;co mpare=;indicator=volume;charttype=area;crosshair=o n;ohlcvalues=0;logscale=off;source=undefined;
(http://finance.yahoo.com/echarts?s=WYNN+Interactive#symbol=wynn;range=5y;co mpare=;indicator=volume;charttype=area;crosshair=o n;ohlcvalues=0;logscale=off;source=undefined;)

Remember Romney supporter Ken Langone saying how misguided the pope was talking about inequality? Remember his equally idiotic and fascist partner Bernie Marcus shilling for Romney, stating Obama is "choking recovery" and Obamacare will bring doom to us all??

Home Depot's stock return under President Obama's terms: 272.93%.

Bank of America, Goldman Sachs, JP Morgan . . . All of them enjoying 135% or better returns since 2009. Even GE, a relatively flatline, stable stock, was a smart long in 2009: 120%.

Oh, and our favorites, the Koch boys?
While they've laid off workers and campaigned heavily against all things to the left of Joe Lieberman, their net worth's are now 36 BILLION. APIECE.

"Democrats are bad fer Biznezz??" O.F.F.S.

How long is America going to continue to believe this Bull-Shit guys?

[Peter1469]

The major banks are kept alive by QE.

[MrJimmyDale]

Can you imagine how much they would have made if they would have had a business friendly president!!!!!

[patrickt]

People might be working if we had a president who cared about America. Jobs might be growing faster than welfare. The workforce might be growing instead of shrinking.

How long will we listen to Cigar's bullshit?

[Cigar]

People might be working if we had a president who cared about America. Jobs might be growing faster than welfare. The workforce might be growing instead of shrinking.

How long will we listen to Cigar's bullshit?

Wow ... you mean a Jobs Plan?

No Fuck way ...

I thought your Jobs Creators would save the day after their Tax Break ... right?

[hanger4]

So Obamas policies are enriching the 1%. Who knew !! And Cigar always thought that was the Pubs job.

[Cigar]

People might be working if we had a president who cared about America. Jobs might be growing faster than welfare. The workforce might be growing instead of shrinking.

How long will we listen to Cigar's bullshit?

BTW ... how long ... until a Republican is in The White House. :grin:

[Captain Obvious]

BTW ... how long ... until a Republican is in The White House. :grin:

That depends on what Obamacare does.

[midcan5]

Try not to confuse the right wingnuts with facts, it may short circuit the teleprompter in their head and then they'd need to be reprogrammed.

One thing that should concern all Americans is TPP another NAFTA like kowtow to big business. If America sinks any closer to third world status it can only point at itself and the mostly asleep politicians.

"The lesson they have drawn is clear: if lesser civilizations will assume the hands-on work, the more advanced West can concentrate on working with its brain. Thanks to the proliferation of business schools, this self-interested approach has almost instantaneously been converted into a philosophical rationale. Rosabeth Moss Kanter at the Harvard Business School writes as a leading thinker of the "post-entrepreneurial company," as if this were an intended and welcome result of business evolution. She sees companies marrying "the best of the creative, entrepreneurial approach with the discipline, focus and teamwork of an agile innovative corporation." She writes confidently of "the coming demise of bureaucracy and hierarchy."


Kanter's critique of the big, old American corporations is in many ways accurate. But the changes she imagines are dependent on the fact that much of the entrepreneurial and unbeatable competition from the Third World owes its success to social injustice. This does "not seem to have made an impact on the intellect of management thinkers or of managers in general. In their exciting role as capitalists they talk endlessly about the innate value of competition. To be competitive is their equivalent of morality. They treat competition as if it were a universal value enshrined within a single definition. Thus they miss the essential relativity of competition. Of course a nation which uses nineteenth-century social standards as a basis for industrial production will produce cheaper goods than one which uses middle-class standards. But even the rolling back of social policy sought by the New Right in the United States and Britain will not reduce production costs to Third World levels.


For example, heavy industries, such as steel, have been hard hit by Korean production. In 1979, the American industry employed 435,000 people. Ten years later, it employed 169,000. Why is Korean steel so much cheaper? Before the recent worker protests, Koreans were putting in the longest average work week in the world - fifty-seven hours. In return they earned 10 percent of a Western salary. Since the Korean cost of living is quite high, the workers live in slum conditions. Unions have been virtually banned and strikes forbidden. The work conditions are reminiscent of nineteenth-century England. In 1986, 1,660 workers were killed on the job; 141,809 were injured.

Given the modern manager's devotion to an international "standard" of competition, the effect of the marginal improvement in social conditions brought about in Korea by persistent and violent street demonstrations has been to weaken Korea's attractiveness as a capitalist producer. The citizen who listens to the modern rhetoric of free markets and free men would assume that a bit more social justice and democracy are good things. The cause of Western civilization has been advanced. The manager, however, sets aside rhetoric when it comes to specifics. From his point of view, Korea is now less competitive.


For those companies that wish to sell in the North American market, it is now far more competitive to produce goods by using the southern American States and northern Mexico in tandem. Social standards in the American South were never high, but they are now being reinstitutionalized at a low level by industrial investors in search of cheap, unsecured, and unprotected labour. A few hours farther south, across the border, is a massive assembly area called the Maquiladora zone. The southern American states function at half the wage levels of the north, of Canada and of Europe. The Maquiladora zone functions at mid-nineteenth-century levels of child labour laws and factory safety regulations. Wages are a tenth those of the developed world. Dangerous chemicals and explosives can be processed there without the expense of protection for the worker or the environment. A product manufactured between Tennessee and Mexico is now more competitive than one manufactured in Asia." John Ralston Saul, 'Voltaire's Bastards'

[Mainecoons]

People might be working if we had a president who cared about America. Jobs might be growing faster than welfare. The workforce might be growing instead of shrinking.

How long will we listen to Cigar's bullshit?

Who listens to him besides Exo, Midcan, monty and Jillian? :grin:

Nutcases of a feather flock together. :rofl:

[Captain Obvious]

http://www.theemployable.com/wp-content/uploads/2012/01/cut-and-paste1.jpg

[nathanbforrest45]

Yep, weuns down cheer in da South ain't nutin but a bunch of social misfits. Lookee here, weuns is the ones that done put Jimma Cawder in da White House after all. Weuns done thought they were asaying a vote fer Jimma will put him in the outhouse. Weuns neber could unnerstand that yankee talk nohow.

[texan]

Cigar Cut & Pastes a Scoreboard Message:

So let me scoreboard for a minute. Also, I think any president does this but it is Obama's watch:

Federal Reserve Money Printing Is The Real Reason Why The Stock Market Is Soaring (http://www.infowars.com/federal-reserve-money-printing-is-the-real-reason-why-the-stock-market-is-soaring/)

http://www.infowars.com/federal-reserve-money-printing-is-the-real-reason-why-the-stock-market-is-soaring/

You can thank the reckless money printing that the Federal Reserve has been doing for the incredible bull market that we have seen in recent months. When the Federal Reserve does more “quantitative easing”, it is the financial markets that benefit the most. The Dow and the S&P 500 have both hit levels not seen since 2007 this month, and many analysts are projecting that 2013 will be a banner year for stocks. But is a rising stock market really a sign that the overall economy is rapidly improving as many are suggesting? Of course not. Just because the Federal Reserve has inflated another false stock market bubble with a bunch of funny money does not mean that the U.S. economy is in great shape.

In fact, the truth is that things just keep getting worse (http://theeconomiccollapseblog.com/archives/37-statistics-which-show-how-four-years-of-obama-have-wrecked-the-u-s-economy) for average Americans. The percentage of working age Americans with a job has fallen from 60.6% to 58.6% (http://research.stlouisfed.org/fred2/data/EMRATIO.txt) while Barack Obama has been president, 40 percent (http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2011) of all American workers are making $20,000 a year or less, median household income has declined for four years in a row (http://theeconomiccollapseblog.com/archives/things-are-getting-worse-median-household-income-has-fallen-4-years-in-a-row), and poverty in the United States is absolutely exploding (http://theeconomiccollapseblog.com/archives/the-u-s-has-an-even-larger-gap-between-the-rich-and-the-poor-than-downton-abbey-does). So quantitative easing has definitely not made things better for the middle class. But all of the money printing that the Fed has been doing has worked out wonderfully for Wall Street. Profits are soaring at Goldman Sachs (http://theeconomiccollapseblog.com/archives/goldman-sachs-made-400-million-betting-on-food-prices-in-2012-while-hundreds-of-millions-starved) and luxury estates in the Hamptons (http://www.cnbc.com/id/100405283) are selling briskly. Unfortunately, this is how things work in America these days. Our “leaders” seem far more concerned with the welfare of Wall Street than they do about the welfare of the American people. When things get rocky, their first priority always seems to be to do whatever it takes to pump up the financial markets.


It said that the Bank of England’s policies of quantitative easing – similar to the Fed’s – had benefited mainly the wealthy.
Specifically, it said that its QE program had boosted the value of stocks and bonds by 26 percent, or about $970 billion. It said that about 40 percent of those gains went to the richest 5 percent of British households.
Many said the BOE’s easing added to social anger and unrest. Dhaval Joshi, of BCA Research wrote that “QE cash ends up overwhelmingly in profits, thereby exacerbating already extreme income inequality and the consequent social tensions that arise from it.”
So should we be surprised that stocks are now the highest that they have been in more than 5 years?
Of course not.

[BB-35]

Try not to confuse the right wingnuts with facts, it may short circuit the teleprompter in their head and then they'd need to be reprogrammed.

One thing that should concern all Americans is TPP another NAFTA like kowtow to big business. If America sinks any closer to third world status it can only point at itself and the mostly asleep politicians.

"The lesson they have drawn is clear: if lesser civilizations will assume the hands-on work, the more advanced West can concentrate on working with its brain. Thanks to the proliferation of business schools, this self-interested approach has almost instantaneously been converted into a philosophical rationale. Rosabeth Moss Kanter at the Harvard Business School writes as a leading thinker of the "post-entrepreneurial company," as if this were an intended and welcome result of business evolution. She sees companies marrying "the best of the creative, entrepreneurial approach with the discipline, focus and teamwork of an agile innovative corporation." She writes confidently of "the coming demise of bureaucracy and hierarchy."


Kanter's critique of the big, old American corporations is in many ways accurate. But the changes she imagines are dependent on the fact that much of the entrepreneurial and unbeatable competition from the Third World owes its success to social injustice. This does "not seem to have made an impact on the intellect of management thinkers or of managers in general. In their exciting role as capitalists they talk endlessly about the innate value of competition. To be competitive is their equivalent of morality. They treat competition as if it were a universal value enshrined within a single definition. Thus they miss the essential relativity of competition. Of course a nation which uses nineteenth-century social standards as a basis for industrial production will produce cheaper goods than one which uses middle-class standards. But even the rolling back of social policy sought by the New Right in the United States and Britain will not reduce production costs to Third World levels.


For example, heavy industries, such as steel, have been hard hit by Korean production. In 1979, the American industry employed 435,000 people. Ten years later, it employed 169,000. Why is Korean steel so much cheaper? Before the recent worker protests, Koreans were putting in the longest average work week in the world - fifty-seven hours. In return they earned 10 percent of a Western salary. Since the Korean cost of living is quite high, the workers live in slum conditions. Unions have been virtually banned and strikes forbidden. The work conditions are reminiscent of nineteenth-century England. In 1986, 1,660 workers were killed on the job; 141,809 were injured.

Given the modern manager's devotion to an international "standard" of competition, the effect of the marginal improvement in social conditions brought about in Korea by persistent and violent street demonstrations has been to weaken Korea's attractiveness as a capitalist producer. The citizen who listens to the modern rhetoric of free markets and free men would assume that a bit more social justice and democracy are good things. The cause of Western civilization has been advanced. The manager, however, sets aside rhetoric when it comes to specifics. From his point of view, Korea is now less competitive.


For those companies that wish to sell in the North American market, it is now far more competitive to produce goods by using the southern American States and northern Mexico in tandem. Social standards in the American South were never high, but they are now being reinstitutionalized at a low level by industrial investors in search of cheap, unsecured, and unprotected labour. A few hours farther south, across the border, is a massive assembly area called the Maquiladora zone. The southern American states function at half the wage levels of the north, of Canada and of Europe. The Maquiladora zone functions at mid-nineteenth-century levels of child labour laws and factory safety regulations. Wages are a tenth those of the developed world. Dangerous chemicals and explosives can be processed there without the expense of protection for the worker or the environment. A product manufactured between Tennessee and Mexico is now more competitive than one manufactured in Asia." John Ralston Saul, 'Voltaire's Bastards'

How nice it must be to be a left wingnut,tasked with being the arbiter of 'facts'

[jillian]

The major banks are kept alive by QE.

they seem to be doing just fine. but they should have been broken up and regulated more heavily. i don't see that happening

interesting factoid, though:

Two thirds of Americans say they are dissatisfied with the distribution of income and wealth. "This includes three-fourths of Democrats and 54% of Republicans...Republicans, at 45% very or somewhat satisfied, express the highest satisfaction with the current wealth disparity in the U.S. Democrats are much less satisfied, at 24%, with independents closer in satisfaction to Democrats, at 28%. Furthermore, almost half (43%) of Democrats and independents express strong dissatisfaction with the current state of wealth and income distribution...54% of Americans are satisfied, and 45% dissatisfied, with the opportunity for an American "to get ahead by working hard." This measure has remained roughly constant over the past three years, but Americans are much less optimistic about economic opportunity now than before the recession and financial crisis of 2008 unfolded. Prior to that, at least two in three Americans were satisfied, including a high of 77% in 2002."Rebecca Riffkin for Gallup (http://link.email.washingtonpost.com/r/DME6KX/FKKOC9/CJLO7R/8A7LE9W/5VKY8C/FW/h).
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/21/wonkbook-how-americans-feel-about-inequality/

[texan]

"while Barack Obama has been president, 40 percent (http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2011) of all American workers are making $20,000 a year or less, median household income has declined for four years in a row (http://theeconomiccollapseblog.com/archives/things-are-getting-worse-median-household-income-has-fallen-4-years-in-a-row), and poverty in the United States is absolutely exploding (http://theeconomiccollapseblog.com/archives/the-u-s-has-an-even-larger-gap-between-the-rich-and-the-poor-than-downton-abbey-does). "

From ABOVE Jillian..............

[texan]

while Barack Obama has been president, 40 percent (http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2011) of all American workers are making $20,000 a year or less, median household income has declined for four years in a row (http://theeconomiccollapseblog.com/archives/things-are-getting-worse-median-household-income-has-fallen-4-years-in-a-row), and poverty in the United States is absolutely exploding (http://theeconomiccollapseblog.com/archives/the-u-s-has-an-even-larger-gap-between-the-rich-and-the-poor-than-downton-abbey-does).

We'll find out soon enough.

[Mainecoons]

they seem to be doing just fine. but they should have been broken up and regulated more heavily. i don't see that happening

interesting factoid, though:

Two thirds of Americans say they are dissatisfied with the distribution of income and wealth. "This includes three-fourths of Democrats and 54% of Republicans...Republicans, at 45% very or somewhat satisfied, express the highest satisfaction with the current wealth disparity in the U.S. Democrats are much less satisfied, at 24%, with independents closer in satisfaction to Democrats, at 28%. Furthermore, almost half (43%) of Democrats and independents express strong dissatisfaction with the current state of wealth and income distribution...54% of Americans are satisfied, and 45% dissatisfied, with the opportunity for an American "to get ahead by working hard." This measure has remained roughly constant over the past three years, but Americans are much less optimistic about economic opportunity now than before the recession and financial crisis of 2008 unfolded. Prior to that, at least two in three Americans were satisfied, including a high of 77% in 2002."Rebecca Riffkin for Gallup (http://link.email.washingtonpost.com/r/DME6KX/FKKOC9/CJLO7R/8A7LE9W/5VKY8C/FW/h).
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/01/21/wonkbook-how-americans-feel-about-inequality/

I'm dissatisfied too but I understand you drive a Bimmer. How about cutting me a check?

:grin:

[Agravan]

That depends on what Obamacare does.

Cigar and our other resident far left loons believe that, since obama won two elections (OMG, that's NEVER happened before!!!), this means that Democrats will rule FOREVER... forever... forever...