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(Huffington Post) Interesting Wall St. banks have earned more under three years of Obama than they did under eight years of Bush. That's some fine socialism, that is   (huffingtonpost.com) divider line 79
More: Interesting, George W. Bush, obama, Wall St, BEA, direct effect, executive compensation, RBC Capital Markets, PNC Financial Services  
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1219 clicks; posted to Business » on 07 Nov 2011 at 10:11 PM   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»   |    Get this fabulous T-Shirt and impress the methane out of your friends! shirt it!



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2011-11-07 06:47:52 PM
as i've been saying all along, obama is a muslim/radical black christian, communist/fascist, empty suit/illuminati puppetmaster, socialist/tool of wall street. he is all things to all republicans.
 
2011-11-07 07:39:57 PM
Damn those evil Republicans.
 
2011-11-07 08:17:14 PM
Is that because they got to write off all their losses under the tax code for everything that happened from 2007-2009? Because, if so, I'd like a provision to write off all my hooker and blow expenditures from 2000-present.

This is a f*cking horrible way to look at it because they also took heavy losses. They didn't just buy in at the bottom. F*ck, my portfolio would look awesome if I just plugged in the 52 week low of a stock I own and just lived on the imaginary gains.

I hate all of you for propagating this article and the lazy numbers behind it.
 
2011-11-07 08:33:21 PM
It is a privatized socialism.

Wall Street banks got to privatize their profits when they made them, but they get to socialize the losses to the rest of us.

Obama has a lot to answer for, but not nearly as much as his predeccors or the current crop of anti-American politicians in the house and senate.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.
 
2011-11-07 08:34:02 PM
AdolfOliverPanties: predeccors

predecessor's


/damn it
 
2011-11-07 08:36:19 PM
AdolfOliverPanties: platyhelminth

That was hateful.
 
2011-11-07 09:41:38 PM
AdolfOliverPanties: It is a privatized socialism.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.


Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

But no, couldn't be.
 
2011-11-07 09:59:49 PM
Mr. Breeze: AdolfOliverPanties: It is a privatized socialism.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.

Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

But no, couldn't be.


Congrats, bro, How do you feel about your tax dollars bailing out banks? With no interest?
You must be a Christian. And, thank God like your favorite athlete.
 
2011-11-07 10:15:24 PM
Best farking Republican POTUS since Clinton he is.

/YARLY!
 
2011-11-07 10:17:31 PM
MFAWG: Best farking Republican POTUS since Clinton he is.

/YARLY!


That's depressing.
 
2011-11-07 10:17:40 PM
I didn't read the article. Do the numbers include that big fat pile of money we gave them?
We really should have demanded a blood sacrifice for that pile o cash. A head or two on pikes would have done my heart good.
 
2011-11-07 10:18:23 PM
This is why Republicans are idiots. Because they are greedy but they are stupid and myopic and don't understand that with some sane regulation business actually does BETTER than under a laxed regulation environment.
 
2011-11-07 10:22:29 PM
Yet all of the OWS (that actually vote) will vote Obama
 
2011-11-07 10:24:02 PM
CORRECTION: A previous version of this post mistakenly referred to the government's bailout program as the Troubled Relief Asset Program. It is the Troubled Asset Relief Program.

images.wikia.com

Oh, you!
 
2011-11-07 10:24:26 PM
Nemo's Brother: Yet all of the OWS (that actually vote) will vote Obama

You say that like it's a bad thing.
 
2011-11-07 10:25:01 PM
Corvus: This is why Republicans are idiots. Because they are greedy but they are stupid and myopic and don't understand that with some sane regulation business actually does BETTER than under a laxed regulation environment.

What sane regulation?
 
2011-11-07 10:28:00 PM
Let's see....

Dow today... ~12068

Dow on 1/1/2009 ~ 8776

Dow on 1/1/2001 ~ 10787

So Bush's term is a ~19% loss. Obama's term is a ~37% gain. I strongly suspect Wall Street may in fact be using math.
 
2011-11-07 10:29:27 PM
img24.imageshack.us
 
2011-11-07 10:31:04 PM
Goodbye unfunny picture troll man...

*plonk*
 
2011-11-07 10:31:26 PM
Mr. Breeze: AdolfOliverPanties: It is a privatized socialism.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.

Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

But no, couldn't be.


I'm in the same position. However, because I am neither a moron nor interested in living in a shiatty cyberpunk novel I support the occupations and the ideals behind them.

Your 60k or 80k/year job is never going to get you a seat at the big table, brother. You're just going to get poorer like the rest of us.
 
2011-11-07 10:35:59 PM
Private Wall Street firms: your tax dollars at work.
 
2011-11-07 10:38:39 PM
Mr. Breeze: Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

Too bad a good work ethic isn't enough to vault oneself from lower to middle class anymore. But nevermind that social mobility is about as low as it was during the Great Depression.

But, hey, don't let the misfortunes of others get in the way of your happiness.

[my libtard citations: 1, 2, 3, 4, 5]
 
2011-11-07 10:44:19 PM
Bedurndurn: Let's see....

Dow today... ~12068

Dow on 1/1/2009 ~ 8776

Dow on 1/1/2001 ~ 10787

So Bush's term is a ~19% loss. Obama's term is a ~37% gain. I strongly suspect Wall Street may in fact be using math.


Now do one for Reagan. Oh, that's not fair.

/+135.13%
 
2011-11-07 10:44:36 PM
madden101: But, hey, don't let the misfortunes of others get in the way of your happiness.

it's a good policy.
 
2011-11-07 10:45:28 PM
Reminds me of this one time Imperial Contractors gave the plans to a brand new Death Star to the rebels so they could get contracts to build another one.
 
2011-11-07 10:50:12 PM
sirrerun: Corvus: This is why Republicans are idiots. Because they are greedy but they are stupid and myopic and don't understand that with some sane regulation business actually does BETTER than under a laxed regulation environment.

What sane regulation?


yeah... haven't the Republicans in both the House and Senate pretty much blocked any attempt to put any actual financial regulations through either arm of congress? Oh but the House was able to "reaffirm that the nations motto is 'In God we trust' "... whew, thank gawd for that!

also, did anyone mention that New York based financial firms (including hedge funds and private equity) made something like $51 BILLION in profit in 2009 and paid out approximately $23 BILLION in bonuses.

yeah... wrap your head around those numbers...
// greed is good... right?
 
2011-11-07 10:53:25 PM
AdolfOliverPanties: platyhelminth

That's an actual word? ....thought it was a mispell like predeccors
 
2011-11-07 10:53:33 PM
JQPublic: Bedurndurn: Let's see....

Dow today... ~12068

Dow on 1/1/2009 ~ 8776

Dow on 1/1/2001 ~ 10787

So Bush's term is a ~19% loss. Obama's term is a ~37% gain. I strongly suspect Wall Street may in fact be using math.

Now do one for Reagan. Oh, that's not fair.

/+135.13%


Inflation-Adjusted Dow Chart (1925 - Present)
 
2011-11-07 10:53:38 PM
HappyTheDog: [img24.imageshack.us image 585x368]

I have to admit, that is almost as funny as its counterpart unless one is a partisan hack.
 
2011-11-07 10:55:56 PM
I guess I don't quite understand the hatred of government being effectively bought and paid for by corporations, while simultaneously excusing it when it's their guy doing it.

I guess partisanship is more important than principle for some. Personally I wouldn't vote for Obama and sure as hell wouldn't vote for a Republican.

Choosing the lesser of two evils has got to stop if we're ever going to break out of this. I don't see it happening though. I look forward to getting out of this hell-hole and away from certain of its people.
 
2011-11-07 10:55:58 PM
djkutch: Mr. Breeze: AdolfOliverPanties: It is a privatized socialism.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.

Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

But no, couldn't be.

Congrats, bro, How do you feel about your tax dollars bailing out banks? With no interest?
You must be a Christian. And, thank God like your favorite athlete.


What's amazing is you support the political side of the equation who developed the policies to bail out these banks.
 
2011-11-07 10:57:22 PM
Corvus: This is why Republicans are idiots. Because they are greedy but they are stupid and myopic and don't understand that with some sane regulation business actually does BETTER than under a laxed regulation environment.

Yes. It was increased regulation and not the near 0% interest rate the government is loaning to preferred banks. You are so brilliant, how do you hold it all in?
 
2011-11-07 10:59:08 PM
Sofa King Smart: sirrerun: Corvus: This is why Republicans are idiots. Because they are greedy but they are stupid and myopic and don't understand that with some sane regulation business actually does BETTER than under a laxed regulation environment.

What sane regulation?

yeah... haven't the Republicans in both the House and Senate pretty much blocked any attempt to put any actual financial regulations through either arm of congress? Oh but the House was able to "reaffirm that the nations motto is 'In God we trust' "... whew, thank gawd for that!

also, did anyone mention that New York based financial firms (including hedge funds and private equity) made something like $51 BILLION in profit in 2009 and paid out approximately $23 BILLION in bonuses.

yeah... wrap your head around those numbers...
// greed is good... right?


what's your point?
 
2011-11-07 11:03:59 PM
MyRandomName: djkutch: Mr. Breeze: AdolfOliverPanties: It is a privatized socialism.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.

Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

But no, couldn't be.

Congrats, bro, How do you feel about your tax dollars bailing out banks? With no interest?
You must be a Christian. And, thank God like your favorite athlete.

What's amazing is you support the political side of the equation who developed the policies to bail out these banks.


Yes, my support was abundantly clear.
 
2011-11-07 11:09:27 PM
Treize26: I guess I don't quite understand the hatred of government being effectively bought and paid for by corporations, while simultaneously excusing it when it's their guy doing it.

I guess partisanship is more important than principle for some. Personally I wouldn't vote for Obama and sure as hell wouldn't vote for a Republican.

Choosing the lesser of two evils has got to stop if we're ever going to break out of this. I don't see it happening though. I look forward to getting out of this hell-hole and away from certain of its people.


Ideally, yes. In practice, if you don't vote for Obama in next year's election you'll be effectively voting for the Republican candidate.

/The reverse is true as well.
 
2011-11-07 11:17:40 PM
Mr. Breeze: AdolfOliverPanties: It is a privatized socialism.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.

Either that or I actually have a job and a life that I'm happy with and no student loans or overwhelming debt, good credit and no expectations of handouts all gained by having a good work ethic...

But no, couldn't be.


Just out of curiosity, did you become that out of abject poverty? Or did you grow up in a stable home, stable parents with good jobs with which they were able to afford putting you through college after graduating high school in a good school district? Substitute the parental contribution for scholarship, hell even working summers as a kid growing up and saving the cash. Bottom line is, I'm willing to bet that you came to be in your position because you had a good sounding board. Now what about the kids who don't? Or the people who didn't but want to be in your shoes? Do we just say fark them because you got yours?

Although I guess the most important question is: Whose money do you really think anybody wants to tax to make that happen? Because if you think it's primarily people in your position you're making some sad assumptions about your level of success.
 
2011-11-07 11:22:56 PM
JQPublic: Bedurndurn: Let's see....

Dow today... ~12068

Dow on 1/1/2009 ~ 8776

Dow on 1/1/2001 ~ 10787

So Bush's term is a ~19% loss. Obama's term is a ~37% gain. I strongly suspect Wall Street may in fact be using math.

Now do one for Reagan. Oh, that's not fair.

/+135.13%


Trickle down economics DOES work.......so long as the wealth is actually trickling down instead of up. I can't find the graph off hand but I seem to remember working wages actually going up for a couple years or so after the Reaganomics thing before Supply Side Jesus started looking at working wages as Lost Profit.
 
2011-11-07 11:27:38 PM
Obama is bad when it comes to Wall Street cowtowing, but any Republican in power would be bringing kerosene to a house fire. Easily 100 times worse.
 
2011-11-07 11:41:41 PM
Earned? More like stolen.
 
2011-11-07 11:44:37 PM
Uhh, only dumbshiat conservatives actually believe that Obama is a socialist
the same dumbshiats that believe that a healthcare bill requiring you to purchase something from a PRIVATE company is, by definition, socialism.

The last 12 years have pretty much locked me into voting a liberal democratic ticket until i'm six feet under.

Hypnozombie
 
2011-11-07 11:47:48 PM
HypnozombieX: the same dumbshiats that believe that a healthcare bill requiring you to purchase something from a PRIVATE company is, by definition, socialism.

true, that's a lot closer to fascism.

/just sayin'
 
2011-11-08 12:01:27 AM
johnnyrocket: Obama is bad when it comes to Wall Street cowtowing, but any Republican in power would be bringing kerosene to a house fire. Easily 100 times worse.

"Yeah we're crooked, but they're crookeder!" Now there's a bumper-sticker slogan to rally America to your side.
 
2011-11-08 12:13:50 AM
HypnozombieX: the same dumbshiats that believe that a healthcare bill requiring you to purchase something from a PRIVATE company is, by definition, socialism.

I'm required by the laws of physics/biology to buy food from private companies. We should ask them if science is socialism, but I have a feeling the answer is yes.
 
2011-11-08 12:17:32 AM
HypnozombieX: The last 12 years have pretty much locked me into voting a liberal democratic ticket until i'm six feet under.

t0.gstatic.com

www.truthdig.com

Which one? It's not like we get a lot of choices.
 
2011-11-08 12:22:13 AM
AdolfOliverPanties: It is a privatized socialism.

Wall Street banks got to privatize their profits when they made them, but they get to socialize the losses to the rest of us.

Obama has a lot to answer for, but not nearly as much as his predeccors or the current crop of anti-American politicians in the house and senate.

What's sad is all you platyhelminth-brained fools who have been getting dry-raped by all twelve inches of government dick for decades, refusing to join in the protests against these policies because you just can't live without the taste of those GOP cocks.


oi54.tinypic.com
 
2011-11-08 12:23:50 AM
Therion: HypnozombieX: The last 12 years have pretty much locked me into voting a liberal democratic ticket until i'm six feet under.

[t0.gstatic.com image 256x197]

[www.truthdig.com image 265x326]

Which one? It's not like we get a lot of choices.


Whatever counts by the goalposts of the day I guess. By 2050 at this rate, the John Birch society is going to look like MoveOn.
 
2011-11-08 12:44:12 AM
Nemo's Brother: Yet all of the OWS (that actually vote) will vote Obama

who should they vote for? Wall Street huckster Mitt Romney?
 
2011-11-08 12:47:33 AM
whidbey: MFAWG: Best farking Republican POTUS since Clinton he is.

/YARLY!

That's depressing.


True, though.

Bad Democrats invoke the socialist agenda, but can't make it work because they don't understand it.
Good Democrats understand the socialist agenda can't work, and push the Republican ideal of smaller government, freer business.

Bad Republicans invoke the Republican ideal, but can't make it work because they can't compromise.
Good Republicans understand the Republican ideal and push for compromise.

Obama figured that one out; we'll see if he can keep it going.
 
2011-11-08 12:49:45 AM
JQPublic: Bedurndurn: Let's see....

Dow today... ~12068

Dow on 1/1/2009 ~ 8776

Dow on 1/1/2001 ~ 10787

So Bush's term is a ~19% loss. Obama's term is a ~37% gain. I strongly suspect Wall Street may in fact be using math.

Now do one for Reagan. Oh, that's not fair.

/+135.13%


Reagan raised taxes 8 times and led one of the largest expansions in our national debt in our nations history, but don't tell that to Republicans. They hate Keynesian economics!
 
2011-11-08 12:52:14 AM
Gyrfalcon: Obama figured that one out; we'll see if he can keep it going.

Honestly I don't mind the mechanisms he's using if it does something to slow down the rolling ball of socio-economic destruction Bush left us. It's not a bad stop-gap measure, but then again, I can take it so long. Otherwise, I'd resign myself to being more moderate politically.

It's just that I don't believe we have that luxury for long.
 
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