ECON A hypothetical--->post election

Romney/Ryan ticket wins the WH:

They have strongly hinted that there will be reductions in Programs,Entitlements, military spending and other cutbacks.

How fast and how far remains to be seen.

Question:1) How will this effect the stock mkt? PMs? Relations with
the Afro-American Community? the Muslim Community?
the Economy in General? The FED?

GGK

Don't know about stocks and pm's but there is no relationship with the black community. They'l either go meekly back to where they were in '08 or riot.

Muslims?

No effect. Same ol song and dance until either they win or we win.

They're winning BTW.

How will this effect the stock mkt? PMs?

The market will go way up. PMs will depend on how the economy goes

Relations with the Afro-American Community?

Rioting in major cities for at least a week

the Muslim Community?

Nothing overt at first. Bombings later.

the Economy in General?

The economy will not get better, because Rombama will not on-shore jobs. He will accelerate the off-shoring of good-paying jobs

The FED?

The Fed will be very happy, as they are now under Obamney. The elites own both men. Anyone who thinks otherwise is delusional



BTW, it is MHO that Rombama cannot defeat Obamney.....

I could be wrong but several major players are getting OUT of the market. I wouldn't be surprised to see it tank this week.

My Clocks Also Agree At Least Twice Each Day

Dennis Olson said:

How will this effect the stock mkt? PMs?

The market will go way up. PMs will depend on how the economy goes

Relations with the Afro-American Community?

Rioting in major cities for at least a week

the Muslim Community?

Nothing overt at first. Bombings later.

the Economy in General?

The economy will not get better, because Rombama will not on-shore jobs. He will accelerate the off-shoring of good-paying jobs

The FED?

The Fed will be very happy, as they are now under Obamney. The elites own both men. Anyone who thinks otherwise is delusional



BTW, it is MHO that Rombama cannot defeat Obamney.....

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Agree with Dennis on all but the last three points - the economy can't get much worse [unless it crashes before Mitt takes office] and frankly on the second point, can't imagine ANY new President surviving an audit or ruffling of the Fed's feathers; that's JFK territory - not long for the world. Romney will not mess with the global order which includes the Fed, the IMF, World Bank, WTO and will tread carefully on his pick for Treasury Secretary [also NOT controlled by the executive branch of the U.S. government. The IRS falls into this category also as do the rumors of returning to the gold standard.

As for winning the election, let's put it this way: it may not be worth winning. If 'Bama continues to stumble and wane in the polls, it could be a shocker. TPTB would prefer to work with a clear winner, not someone who is hanging by his claws, so to speak.

I think there will be little direct effect in the short term to any of that except maybe a short boost to some markets.

I take that back, possible for some hot spots to riot but I don't think it will be anything that we haven't seen before. We have a lot of black tenants and they just suck their teeth and rolling their eyes when Obama comes up ... they've lost confidence in their O. Some are even starting to mention more and more that ... he's not really African-American like them, that he's nothing but a watered down version and his daddy wasn't even one of them either. So maybe some noise but nothing cataclysmic in the beginning.

Even had someone like Dr. Paul gotten elected, none of his more so-called radical agenda issues would be put into full effect for at least two or three years and that is if he was able to stay on track with his personal plan. That plan was published online someplace but I don't have it bookmarked and it was very detailed in when Dr. Paul planned on implementing various cuts. Corrected, here it is: http://c3244172.r72.cf0.rackcdn.com/wp-content/uploads/2011/10/RestoreAmericaPlan.pdf

Romney, even with Ryan, does not have anywhere near the same depth of cuts in mind ... or at least not in published format. I've heard that this might mean he can affect some changes sooner than Dr. Paul would have gotten them in but then again maybe not. It will depend on how much opposition to any of these changes there is by Congress Critters.

Personally I'm not sure which would be more important for them to take a stab at first ... jobs or spending. It would be nice if whoever gets in office could go after both simultaneously but do we really think that is going to actually happen that way?

Actually, I don't think Romney has any intention of "cutting." what he DOES have in mind is "slower increases in funding" that all government scum engage in while calling them cuts. RP would have actually cut, and they have killed him before he ever got to sit in that chair...

Dennis Olson said:

Actually, I don't think Romney has any intention of "cutting." what he DOES have in mind is "slower increases in funding" that all government scum engage in while calling them cuts. RP would have actually cut, and they have killed him before he ever got to sit in that chair...

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Yeah, most of Ryan's initial budget proposal lies in caps rather than cuts. That will need to change in the long run. Romney "balanced" the Massachusetts budget all four years he was there but ... eh ... there will definitely need to be work done.

What will help is getting people back to work. No amount of cuts will do much of anything - no matter how badly needed they are - without creating an environment of actual job creation in this country and I'm not talking about a bunch of new Micky D's. We have too many folks on this forum that can attest to the fact you can't get water from a rock and right now that's about all they have in their pockets.

Yeah, most of Ryan's initial budget proposal lies in caps rather than cuts. That will need to change in the long run


You're not really naive enough to think that it will change, are you? Really?

Dennis Olson said:

the Economy in General?

The economy will not get better, because Rombama will not on-shore jobs. He will accelerate the off-shoring of good-paying jobs

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Dennis, do you have something specific you base this on?

I agree with you on everything except I think the economy may indeed be a bit better in the short term though it will be far from cured, problems just kicked down the road. Think we could see a good 4 economic years under Romney/Ryan. This is just my guess, nothing specific I base this on.

Haven't decided what I am doing with my symbolic vote (no way WV goes to Obama).

Monty

Do I have anything to base this on? Only the last 20 years, of both repub and dem administrations. You can crap in one hand and hope in the other. Let me know which hand fills up first...

To know what robamney will do if TPTB chose him, look at what he's done to be where he is now.

Dennis Olson said:

Yeah, most of Ryan's initial budget proposal lies in caps rather than cuts. That will need to change in the long run


You're not really naive enough to think that it will change, are you? Really?

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No, I said it needs to change not that it would. LOL! Dealing with the tenants that we have ... kinda rubbed the new and shiney off a long time ago. Not quite believing in anyone completely at this point in life except God and hubby.

Dennis Olson said:

Do I have anything to base this on? Only the last 20 years, of both repub and dem administrations. You can crap in one hand and hope in the other. Let me know which hand fills up first...

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Over the last 20 years we have had periods of good economy. I wonder if enough people have wised up to not grow the economy on personal debt or if they see a change of administration and are told the stock market is up and unemployment is down if they will whip out the credit card and place themselves as deep in that debt hole as ever.

We shall continue down the wrong path regardless, just maybe a little bit slower.

Monty

With 2012 being the FOURTH trillion-plus dollar budget deficit year in a row, they could probably completely eliminate the entire DoD, all foreign aid, and a good chunk of the entitlements ... and it STILL wouldn't turn the budget positive! So any lesser "cutbacks" would certainly be almost entirely symbolic. And if that's the case, why even bother to risk civil unrest (both here in the US and abroad)?

As our own etc said, "They are going to wear out the bearings in the printing presses and use up all the available electrons for the digital zeros before it's all done." That seems far more likely to me than them making any cutbacks before they have literally no other choice.

Monty said:

Over the last 20 years we have had periods of good economy. I wonder if enough people have wised up to not grow the economy on personal debt or if they see a change of administration and are told the stock market is up and unemployment is down if they will whip out the credit card and place themselves as deep in that debt hole as ever.

We shall continue down the wrong path regardless, just maybe a little bit slower.

Monty

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Periods of good economy? Sure. Periods of jobs returning to the US? Never. And at some point, critical mass was reached. There are now not enough decent jobs to drive the economy anymore. The last recession had what was called a "jobless recovery." Well Billy-boy, that was nothing compared to this one. First, the likelihood of a recovery in the next 10 years is slim at best. And there is NO HOPE of jobs returning to any meaningful degree to this country. Did you read the thread posted yesterday entitled "BEST-CASE: Unemployment at 8%" ?

If not, I suggest you do so....

Romney will bow to Obammy just like McLame did. The Republisheep will stumble away kicking stones in the street as they go, thinking the election was fair and their voice was heard.

The stock market cannot crash since it is propped up by the PPT. There is no limit to the number of digits that the fed can provide the PPT to buy stocks that are dropping. This may be part of QE3.... or its the continuance of QE1.

Yes- they will audit the Fed, just like they audited Obama's birth certificate. All is well- no worries.

why does anyone think obana white will do anything different once he gaons the office. and i belive the new black panther party will march and demand justice