Stock Market Advice from US President

Discussion in 'Off Topic' started by Mountainman, Mar 4, 2009.

  1. Mountainman

    Mountainman Active Member

    yes it's true that on 03-03-09 our president Obama Mama
    stated that this would be a good time to invest in the US stock market

    this is an unusual statement to be made by an American president

    what do you all think about this ???

    Iam thinking that Obama Mama may just be right
    if the stock market goes much lower
    life as we have known it here in the US may be gone
    and none of us would wish to see that !!

    it would appear that the bottom is near or here ??

    why not invest in the market -- if we have anything left to invest

    your thoughts as you ride the motor bike

  2. bluegoatwoods

    bluegoatwoods Well-Known Member

    I dunno......kinda seems like a political thread.
  3. Mountainman

    Mountainman Active Member

    I was thinking about calling it the "stock market today"

    guess it's up to the moderators -- ???

    ride the motor bike
  4. bamabikeguy

    bamabikeguy Active Member

    This **** has nothing to do with Motorized Bikes,

    I don't know if you noticed our online presence yesterday, but I've been posting diaries on the most liberal sites.

    This kind of stuff has fifty sites better suited to post at, MBikes only have a couple, and there is no sense pee-ing in our swimming pool.

    Lets keep the political off, just like we originally intended.
  5. Mountainman

    Mountainman Active Member

    no I don't know about yesterday

    sorry about this

    can someone pull this thread ??

    ride the motor bike
  6. kerf

    kerf Guest

    The thread seems to me to be more economic than political knowing that both are inevitably connected. The market plunge has been due to investors pulling their money out because they don't see any chance for return. I view this in great part due to the administrations stated economic policies of enormous spending and the inevitable taxation that will follow. Just like a drought is a bad environment to grow crops, high government spending and taxation is a bad environment to grow business. Other policies, such as Cap & Trade will result in EXTREME INFLATION as out energy cost increase. Gasoline will soon be back at $4 a gallon and will move over the next four years toward $7 a gallon. I think the administration is projecting $1400 to $2000 per year increase in your home power bill brought on by C&T fees and penalty's on power companies.

    These actions by the administration are not by accident but by design and they know it will destroy the U.S. economy. I also know their motives but that would be political so I won't go there.
  7. kerf

    kerf Guest

    Just a follow up to my last post. I know many of you are feeling a great deal of apprehension over our economic crisis. You're worried about your jobs, retirement and your children's future. You're looking for some sign of hope, some words to ease your feeling of despair, I have none to offer you. Our house is on fire and instead of bringing buckets of water we have decided to fan the flames. I have hope for the future but that future is not of this world.
  8. Mountainman

    Mountainman Active Member

    admitted -- it's a fine line

    regarding #1 above -- economic ?
    well that's what I though also -- but as known to be many times before
    I could be wrong -- not wishing to disturb ones on site here

    #2 -- gas prices
    yes back to the coming raise in gas prices
    a sad way to do it -- but -- can only bring more interest in MBs

    #3 -- home power bill
    just heard about last night
    cost of elect if made with dirty fuels -- will cost more
    and many seem to not want more nuclear

    ride the motor bike
  9. Mountainman

    Mountainman Active Member

    well said -- not sure about this thread ???

    well said kerf -- this vapor here seems to be fading fast

    not sure about the life of this thread
    if it gets pulled -- that's more than fine -- didn't wish to jump out of line here

    I am sure that there are other sites such as recommended above
    this is about the only site used up top mountain here

    it does seem that our stock market is interesting
    it's the monies or lack of monies as used around the world

    ride the motor bike
  10. bamabikeguy

    bamabikeguy Active Member

    Modern Politics are intended to keep us busy arguing, while having a unified GOAL disrupts the whole system.

    We have hundreds of members, thousands of readers, and the principal of MB forums is "building your OWN durable piece of rolling stock", then spreading the word.

    I just do not see how an MB rider can't have a liberal attitude, being free to go which ever way he/she pleases, not owing a dime to the auto or oil masters of the universe. Being the MOST efficient gas/energy users is TRUE conservation.

    I got news for you, WE ARE WINNING the oil war, and it is going to stay on this curve because $4 a gallon was a commodity trading fraud.

    Oil producers running out of storage space
    Glut caused by world slowdown leaves the world awash in crude

    Last edited by a moderator: Dec 15, 2015
  11. bamabikeguy

    bamabikeguy Active Member

    Last edited by a moderator: Mar 4, 2009
  12. BoltsMissing

    BoltsMissing Active Member

    When politics was "banned" here, it was during the upcoming elections, and there seemed to be so much talk that seemed aimed at getting others to see things in the interests of another, so thier favoured political party may win.
    Manipulative talk in other words. Present the facts or ideas/alterantives rather than bash a person who can think for themselves but prefers to walk than drive guzzler.

    Now that the elections are over, sure, have a go at trying to say what you think, hopefully in a objective manner, and not in a way where what one says, then the other says they are this or they are that.

    Politics CAN be objective from a ideoligy point of view to better the systems.
    Yep, it's a tall order, money is key. Vested interests, etc etc etc,
    but most now I think are waking up to the fact that whatever systemn is in place, it has it's inherited cycle, boom-bust-boom-bust and boom again and busting to the next generation, and we say, "that's the way it is" ??
    Ha !

    My quirk is, who is operataing the monetary levers of supply,demand and wether there is any truth in it all. Or is it just the usual way to make money matters go round and around, some win, some lose and those at the helm go on their merry way as if it's business as usual.
    Why are we here on a MB ?, as far as I know, I'm here cos I refuse to honor the fees of running a car, cos the system has made it that way as a instrument to extract $$$ at unrealistic inflated costs. ( Reg/Insurance, Parts and repairs etc)

    I have many questions, some may never get answered, but one question is,
    why do prices keep rising, then wages rise again to keep up with the previous price rise, then prices rise again to keep up with the previous wage rise that was for the previous price rise before that, and then it just keeps cycling upwards.
    If it's like breathing, ya gotta breath out or you explode. Well, the system keeps bloating and bloating, it will burst. What then ? What does the system's "script" have in place when we get to a stage where it's too pricy to buy, yet the manufacturer is over stocked, sacked more workers and they now can't buy, so the factory goes broke with stock that gets thrown out, or they leave the country, and those that were sacked buy the same product they used to make, maybe at a cheaper price, but the company still wants to make the same profit when the cost of manufacture is 3rd world.

    Something is not right here, be math, principle, humanity, I don't know !
  13. kerf

    kerf Guest

    The gas price will not be a product of supply and demand but a product of government regulation designed to increase price to levels above $5 per gallon.
  14. Mountainman

    Mountainman Active Member

    just for today -- less use of gas

    that's what Iam thinking
    these ones up top (and ones behind closed doors) with most of the big money
    control most things -- prices ect
    and they already know (almost exactly) the very least amount of gas we can use
    and also close to the most amount of possible gas use
    this oil stuff that they either own or control
    is like money in the bank for these ones

    but yes -- as stated -- today we can do our little part
    going on a MB ride -- and when ones stop me just to share interest
    we can spread the word
    just for today -- I will use the least amount of gas possible
    and enjoy the great outdoors

    as we ride the motor bike
  15. Skyliner70cc

    Skyliner70cc Active Member

    Investing advice from the same guy who wants to punish achievment, small businesses, and other job creaters with higher confiscatory taxes to pay for destroying capitalism with socialism-cradle to grave government involvement in all of our lives.

    BTW, if 100% of income was taxed for earners making greater than 75,000/year; the gov't still wouldn't have enough money to pay for next years budget.

    Blue collar workers who voted for Obama: The upcoming carbon credit/taxation scheme will destroy what little manufacturing capability hasn't escaped to China.

    For those who think that stocks are only for the rich: you are wrong. Over 1/2 of families own mutual funds, have 401ks, or like me, have a union pension that is funded heavily in the stock market. I'm not counting on my pension when I retire and would vote to dissolve my worthless union in a second but that's another story....

    The president says we shouldn't worry about the day to day stock market fluctuations but if we look back since he was elected in Nov, the stock market has dropped 30%.

    GOLD is the only sure thing right now. If this economy and gov't stimulus plan continues to fail, cold coinage will greatly increase in value and offset inflationary increases in commodities. Gold will easily hit 2,000 dollars/ounce during Obama's single term presidency.
  16. Happy Valley

    Happy Valley Active Member

    Mountaindude, if that's the case you might have get off the mountain a little more. :devilish:

    Seriously though, if you're interested, I can rec some lively sites on finance with informed debate that offer more light than heat.
  17. Mountainman

    Mountainman Active Member

    finances already half gone

    Hey there HV

    I appreciate the offer but
    I really don't want to spend any more time on this computer than I already do
    wishing not to as was said muddy up the site here
    those 5 or 6 cups of coffee in the morning do get me going
    learn more about my finances -- may be too late -- they are over half gone
    good old stock market got them
    I still got the little wife and a darn good motor bike
    just need to stop waking up in the middle of the night
    calling for my Obama Mama --

    got to love it as I ride the motor bike
  18. SirJakesus

    SirJakesus Guest

    Great thread so far guys.
    I always saw the stock market as a big casino... where only a few ever really win.
    Invest in a new MB or buy extra parts for your current 2 wheeled lean gas sipping machine. I refer to my MB's as "Armageddon transport" just for kicks.
  19. Mountainman

    Mountainman Active Member

    it took a while -- but -- maybe the pep talk from the pres worked
    for a few days now the stock market -- US -- has been up

    how it works -- expect many to grab some profits
    thus if working right -- market will come down a little -- if working right a little
    have we hit the low -- no body know's -- we sure hope so's

    ride that thing
  20. machiasmort

    machiasmort Active Member

    If you guy's listened to Simple Simon, the floors the limit and I agree with him.
    As we both say, might not necessarily hit the floor but it is possible. The way I look at it is this.. If it goes much lower our Dollar will plummit in value. If you keep it in your pocket, you won't have a chance to make money. If you invest it, you have a chance,(be it Gold, Silver, stocks ect.)

    Don't over do it like I did. Bear Sterns cleaned my clock! If you've got alot extra, Play!

    PS Burneke say it will be over by years end! No politicalness intended (humor only), but thats what he said!