Obama = The Greatest Teleprompter Reader of ALL TIME!!!

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springfeverish		#2861	[-]
Posts: 3667 (10/31/09 3:46 PM) Registered User Reply Quote More Recent Posts	Actually, my original comment was based on this: http://www.dailymarkets.com/economy/2009/02/01/us-housing-market-1982-vs-2009/ So, are you dressing up as a cat for Halloween?
bob2559		#2862	[-]
Posts: 6194 (10/31/09 4:35 PM) Registered user Reply Quote More Recent Posts	springfeverish wrote: Actually, my original comment was based on this: http://www.dailymarkets.com/economy/2009/02/01/us-housing-market-1982-vs-2009/ So, are you dressing up as a cat for Halloween? If you compare the two charts side by side, you'll see they have the same info, the guy who wrote the article seems to have confused where Nov. '81 and Nov. '82 are located. Seeing as the other chart has a much clearer delineation regarding the dates, I'm sticking with the rates peaking in '81. I'm dressing up as a knight with a bloody rabbit attached to my neck, are you dressing up as Obama complete with a "It's Bush's fault" sign?
DelosWorld		#2863	[-]
Posts: 1868 (10/31/09 4:38 PM) Reply Quote More Recent Posts	Just look at the trends. During Carter things got worse. Under Reagan and following Presidents things got better, at least with respect to interest rates. Of course things got so good and interest rates were so low that people who should not have gotten loans defaulted on them, but that's another Bed Time for Bonzo story.
springfeverish		#2864	[-]
Posts: 3668 (10/31/09 4:40 PM) Registered User Reply Quote More Recent Posts	You know what? It doesn't matter to me if the rates peaked in '81 or '82 they both sucked. So you win. I refinanced in this spring at a 30-year fixed rate at 4.65%. I is happy.
Trixie Delight		#2865	[-]
Posts: 28334 (11/01/09 4:51 AM) put Angel in the corner Reply Quote More Recent Posts	Speaking of more bad math from Obama.... Annual Medicare Fraud: $60 Billion; Annual Profits of Top Ten Insurance Companies: $8 billion As 60 Minutes reported last week, Medicare fraud is rampant and has now replaced the cocaine (ahem) business as the major criminal activity in South Florida. Both 60 Minutes and the Washington Post report that Medicare fraud now costs American taxpayers roughly $60 billion a year. That may sound like a lot of money, but surely it pales next to the extraordinary profits of private insurance companies, right? Well, let's see.... Last year, the profits of the ten largest insurance companies in America were just over $8 billion -- combined. No single insurance company made even five percent of what Medicare reportedly loses in fraud. While we're making comparisons, in its real first ten years (2014-23), the Senate Finance Committee bill would cost $1.7 trillion. At the rate of last year's profits, the combined ten-year profits of America's ten largest insurance companies would be $83 billion -- five percent of the costs of the Senate Finance Committee bill. Eighty-three billion dollars may not buy you much in comparison with BaucusCare, but -- on the bright side -- that ten-year tally is somewhat more than what Medicare loses each year in fraud. So, the next time someone alleges that government-run health care is cheaper because of "lower administrative costs" -- a truly preposterous claim on its surface -- these numbers would be good ones to have at the ready: $60 billion in annual Medicare fraud, $8 billion in combined annual profits for America's ten largest insurance companies.
springfeverish		#2866	[-]
Posts: 3674 (11/01/09 5:59 AM) Registered User Reply Quote More Recent Posts	More bad math from the right you mean since the insurance company 'profits' failed to included the exorbitant salaries of the CEOs and top management. Why don't factor in these lovely numbers? http://sickforprofit.com/ceos/
B DeBrun		#2867	[-]
Posts: 22070 (11/01/09 8:43 AM) Reply Quote More Recent Posts	springfeverish wrote: More bad math from the right you mean since the insurance company 'profits' failed to included the exorbitant salaries of the CEOs and top management. Why don't factor in these lovely numbers? http://sickforprofit.com/ceos/ Do you understand what profit means? Firms use income statements to determine its net profit (or loss) after costs, expenses and taxes are taken out. Salaries are included in the operating expenses component of the income statement. The blog you linked gave zero insight.
Bonestripper		#2868	[-]
Posts: 1844 (11/01/09 9:17 AM) Reply Quote More Recent Posts	More bad math from the right you mean since the insurance company 'profits' failed to included the exorbitant salaries of the CEOs and top management Wow, are you just that stupid?
springfeverish		#2869	[-]
Posts: 3676 (11/01/09 9:32 AM) Registered User Reply Quote More Recent Posts	You know exactly what I mean. You claim is that these poor insurance companies have a measly 8% profit yet you choose to ignore that they pay their top management obscene salaries as part of their 'operating costs'. And if it's stupid of me to think this is wrong wrong wrong then I will wear the label.
lilnubber		#2870	[-]
Posts: 12230 (11/01/09 9:43 AM) Registered user Reply Quote More Recent Posts	No, Spring, you are absolutely right.
PassionatePiscesMan		#2871	[-]
Posts: 8730 (11/01/09 9:49 AM) Registered User Reply Quote More Recent Posts	Profits are evil.
Beefcake		#2872	[-]
Posts: 4505 (11/01/09 11:39 AM) Registered User Reply Quote More Recent Posts	Salaries are the real evil. People should work for free.
DelosWorld		#2873	[-]
Posts: 1869 (11/01/09 11:54 AM) Reply Quote More Recent Posts	springfeverish wrote: You know exactly what I mean. You claim is that these poor insurance companies have a measly 8% profit yet you choose to ignore that they pay their top management obscene salaries as part of their 'operating costs'. And if it's stupid of me to think this is wrong wrong wrong then I will wear the label. Even if those six CEOs would work for free the insurance companies would still be making the same 8% profit. There are such large volumes of money in the pot that the salaries are inconsequential. And in a few years that money will start flowing through waste, fraud, abuse, and grime of the government coffers. That's when the blogs will have a really good time reporting how bad and evil our health care system is. I can't wait.
bob2559		#2874	[-]
Posts: 6196 (11/01/09 12:18 PM) Registered user Reply Quote More Recent Posts	DelosWorld wrote: springfeverish wrote: You know exactly what I mean. You claim is that these poor insurance companies have a measly 8% profit yet you choose to ignore that they pay their top management obscene salaries as part of their 'operating costs'. And if it's stupid of me to think this is wrong wrong wrong then I will wear the label. Even if those six CEOs would work for free the insurance companies would still be making the same 8% profit. There are such large volumes of money in the pot that the salaries are inconsequential. And in a few years that money will start flowing through waste, fraud, abuse, and grime of the government coffers. That's when the blogs will have a really good time reporting how bad and evil our health care system is. I can't wait. Here's a challenge for spring and nubber, executive compensation is listed on every public company's annual report, if CEOS were limited to Obama's salary ($400k per year) and all the other executives were limited to Congress' salary ($174k per year) how much more profit would those firms make? And remember we're talking salaries, not stock options, how much difference would capping salaries at those levels make on the company's bottom lines.
Tigershere		#2875	[-]
Posts: 10180 (11/01/09 12:28 PM) Registered User Reply Quote More Recent Posts	B DeBrun wrote: 21% prime rates. Wow. my fathers was 21 and we lost that house those were the days...........
DelosWorld		#2876	[-]
Posts: 1870 (11/01/09 4:29 PM) Reply Quote More Recent Posts	I paid off my mrtgage during the Bush boom years after 9/11.
Trixie Delight		#2877	[-]
Posts: 28336 (11/01/09 4:38 PM) put Angel in the corner Reply Quote More Recent Posts	What has been overlooked is the 60B in fraud mentioned. Obama can't do a decent background check and we expect him to handle fraud and waste? He's just not capable, unfortunately, and more than that he's most likely quite corrupt. We thought Markie Post and Linda Bloodworth Thomason jumping up and down on the bed in the Lincoln bedroom was unseemly? Now we have Oprah, Clooney and Soros. Sunday, November 1, 2009 EDITORIAL: A pay-to-play White House
HaroldBalzaccio		#2878	[-]
Posts: 7655 (11/01/09 4:50 PM) Registered user Reply Quote More Recent Posts	These idiots don't care about a measly $60billion in tax money per year going into the hands of criminals. They want to inflate that figure. I mentioned Obama's fundraising activities a couple pages back (in reference to yet another CBS News piece), and again, I have no problem with him using the White House as a fundraising tool. What I DO have a problem with is granting people who donate $300k to the Democratic Party a seat at the table when it comes to formulating policy. That's not an exaggeration, it's reality. Pay 300 grand and you, too, can help the Machine run the country into the ground while enriching itself at taxpayer expense.
quietsurvivorfan		#2879	[-]
Posts: 17960 (11/01/09 4:56 PM) Registered user Reply Quote More Recent Posts	I think everyone here is confusing the REAL REASON for this so called health care "reform". It is NOT about insuring about the 12 million that are truly uninsured (the others are either illegals or qualify for existing programs and have not enrolled themselves). This is all about CONTROL and sucking the life and liberty out of our country. They want to truly transform the greatest economic force this planet has ever seen and turn it into one of the many failed socialistic states. And once they steal 1/6 of our overall economy from the free market, then this will be all about control. Every aspect of our lives will be under their control from the excuse of how that certain food, behavior, lifestyle choice or whatever, affects the cost of health care. Then once they impose cap and tax on us, as the rest of everything we do is affected by the price of energy, we are doomed. These socialistic "progressives" in Washington are committed to making us all the slaves, the government is the slave owner and the entire country is the plantation. Wake up people, this is what it is really about.
SonOfAbraxas		#2880	[-]
Posts: 13853 (11/01/09 5:00 PM) BB Forum Moderator Reply Quote More Recent Posts	Amen, sister!