Obama nails it!
- Thread starter Kenneth Griffin
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Obama is and was a disgrace. Worst president since Carter. His wife is an unapologetic racist. If you think adding 13,000,000 people onto food stamps is a success, then he was a beacon of success.
Roy, you a still a full of shit Russian bot...and just as smart as ever! You must be one miserable sumbitch.
I have done the research and it screams BS at your nonsense. That policy is the Fed printing money out of thin air and destroying the purchasing power of our currency...hence the price of metals going up.
Are you aware of, or did you even know of the financial collapse in 2008? Holy shit, the entire globe's economy was on thin ice. The wing nuts just blow this off as though it was a passing cloud. It was a major historical event, and due to partisan politics will be relegated to economy textbooks.
But it was a tenuous time, and nobody knew the outcome. Obama, his administration and Congress made decisions that kept the economy going. Not every decision was popular, and even the best option, but many there were made on the fly due to circumstances, and hindsight was the luxury not available then.
You're wrong. Again. Do more research.
BTW - the value of the dollar went up during Obama's administration. And gold went down by about 40% after reaching a high in 2011 post recession during his time in office. But gold is up about 60% since Trump took office and higher than it ever was during Obama's tenure.
Was that from The American Values section of Pravda, comrade? Phuquing Russian bots are back....must be getting close to an election and Trump needs help.
they eased the requirements for food stamps so less people would starve. Ass holes.
If you keep following the herd with mindless parroting, you're headed for the slaughterhouse. You're always the little lamb bleating out BS.
Because it was still the strongest among weak currencies. You have shown nothing to prove me wrong.
Well, I have “ followed the herd” for over 70 years...still here...and not seen the inside of a cattle truck yet, comrade.
How so?
I never have ever worked “for the government” or been on a government payroll.
I did take a couple of weeks of unemployment back in the late 1970’s...once or twice I visited a food bank...and used to crave that government peanut butter...but that was in the mid 1980’s...other than that, I have been paying my taxes and bills in a timely manner...I have a credit report number that verifies that, too...So I can only conclude my Russian bot friend, you have no phuquing idea what your talking about!
Lol - it destroys your position that "printing" of money destroyed US purchasing power. It didn't. And you're wrong about the price of metals as well.
You debate like a middle schooler who forgot to do his/her homework.
Look, Slick by one-half, ill-read MFer...if you think denigrating your opponent makes your delusional self look smarter, sleep well. I deal in fact and in this chart, you will see that gold took off like a rocket. In addition, the purchasing power of the dollar has shrunk. It has always done so since 1913.
What you could purchase for $100 in 2009, cost $111.86 in 2016. That's a loss of PP.
https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator
And then for some reason, Ima guessing because it didn't fit into your extremely dishonest narrative, you neglected to show how gold reacted prior to 2011. It went from $928oz. to $1901oz. Yes, it came down. Anyone with half a brain (this excludes you) knows that gold prices are manipulated. After the blow off, investors saw that compared to other inflated currencies, the dollar was still the better pile of shit.
https://www.goldline.com/charts-news/gold-charts
Now, grab your hat, go sit in the corner and ..............
You're an idiot. Gold went from a high of $1873 at the end of August 2011, in the height of the recession, to $1218 in January of 2017. About a 50% drop. It's now at $1741.Look, Slick by one-half, ill-read MFer...if you think denigrating your opponent makes your delusional self look smarter, sleep well. I deal in fact and in this chart, you will see that gold took off like a rocket. In addition, the purchasing power of the dollar has shrunk. It has always done so since 1913.
What you could purchase for $100 in 2009, cost $111.86 in 2016. That's a loss of PP.
https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator
And then for some reason, Ima guessing because it didn't fit into your extremely dishonest narrative, you neglected to show how gold reacted prior to 2011. It went from $928oz. to $1901oz. Yes, it came down. Anyone with half a brain (this excludes you) knows that gold prices are manipulated. After the blow off, investors saw that compared to other inflated currencies, the dollar was still the better pile of shit.
https://www.goldline.com/charts-news/gold-charts
Now, grab your hat, go sit in the corner and ..............
And leave it to you to compare the value of the dollar worldwide vs. other currencies with the basic cost of inflation nationwide.
You're a child.
Is that when Obama took office...in August/2011? Or was it 1/09? You're cherry picking you frigging ignoramus. When did the crisis begin? On 8/11? No. God damn! You are dumber than a
No - Obama took office just as the country was entering the biggest recession in decades. It took a while to come out of it. As opposed to Trump who inherited one of the best economies ever and it took him a while to put us back into a deep recession.Is that when Obama took office...in August/2011? Or was it 1/09? You're cherry picking you frigging ignoramus. When did the crisis begin? On 8/11? No. God damn! You are dumber than a
And LOL at your infantile response. Shrill away.
Because that's fair. A year and a half after taking office in the biggest recession of our lifetimes Obama turned things around. Trump, on the other hand, rode the success of Obama for 3 years until he decimated the economy.
You're...... not smart. But it's been fun making you dance.
You aren't making me do anything. JFC, you are delusional. You're the poster child as to why you shouldn't take drugs. Insert egg on a frying pan and that's your brain.
You don't even defend you're original assertion anymore about losing purchasing power after I showed you Minny Fed. Then you conveniently and dishonestly neglect to show how gold reacted after Fed actions. You chose your starting point in 2011. Newsflash Hoss...he assumed office in '09 and gold skyrocketed. Game, set and match. Scram Cockroach!
You're wrong. And a child. I can't help that you are too naive (or ignorant) to understand the explanation. That a "you" problem.
Have fun arguing with yourself going forward. Lol
