T-Bills Selling Like Hotcakes; T-Party Rebuked

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Investors, like the rest of America and the world, have been watching the T-bagger incredible manic activities in Congress, and the respect for the republicans has gone down even lower as we watch and listen to their colossal infighting for control of the party rather than taking on the responsibility of running the government...you know...like they were ELECTED to do?

The T-baggers are silent now because they have shell-shock from the very real disgust that America feels for them. They are asking themselves...'how could anything go SO WRONG?'

America has cleared the air now...every agenda is out in the open, and President Obama can be certain of his second term, while America will be very very busy voting all the republican comb-overs and T-baggers OUT OF OFFICE.

 

What are you so proud about?T-bills slipped after the jobs report today,erasing their gains.
TREASURIES-Bonds slip after jobs news curbs risk-averse trade
http://www.reuters.com/article/2011/08/05/markets-bonds-idUSN1E77411X20110805
I would rather invest in Gold than stinking bonds.I can almost guarantee Gold will be $2000 by years end.
I thank God that I pulled my money out of bonds,and put my IRA into Gold in 2007 ,otherwise I wouldve been up (*)(*)(*)(*) creek.

 

Only in Tea Party world is a good employment report a bad thing.

And the fact that you are a gold bug seals the deal.

 

No President since Roosevelt has had to raise the Debt to over 100% of GDP! Hell even W wasn't as bad as Obama when it comes to spending. Keep in mind that even with the War on Terror, increasing Education AND Medicare spending by 2/3rds, W only increased spending from 1.7 to 2.4 Trillion OVER 8 YEARS. In the middle of that, he had a period of employment growth for 54 STRAIGHT months, so at least there was money coming in.
Under Obama, we've had continuing unemployment and within just TWO YEARS, he increased spending from 2.4 to 3.8 Trillion! That's the biggest percentage increase in spending by ANY president EVER!
In other words, W increased spending by 1/3rd in 8 years, while O increased it by the same percent in JUST TWO!

 

Reagan raised the debt 20 times, and generated the biggest deficit to date. Outdone only by the overachiever Bush 2.

http://leftwingnoisemachine.com/the-news-cyclotron.html

"Debt Talks Send Republicans Scurrying"

 

Only a liberal would think 9.1% unemployment is a good employment report.

 

Good employment? More people have been unemployed for longer than any time in our recent history. The number of people giving up on getting work is way up and you call creating half as many jobs as there are new people coming into the job market good?

Do you Soros trolls have to make some kind of asinine statement about to Tea Party to get paid??

 

Sooooo, it's not a good employment report and your claim that it was was false.

Which is it, man?

And stop being envious of Soros' wealth. If you work real hard and get an education, maybe Soros will hire you. He's a job creator.

 

It's not my claim, it was the whacky ********** GIVEUSLIBERTY who claimed that the report meant the market would be going up and bonds down.

Get your false narrative straight.

 

Who wants to pay off the national debt? Why would that be a goal?


As far as the other things go, they are irrelevant to the point of the OP. The point is that, not very intelligent people on the right, constantly tell us debt and deficits are big and scary, and that inflation is right around the corner. Yet in the face of all that, 10 and 30 year treasury rates are very low, and yet government bonds are still selling quite well. Which is a very good indicator that the right wing predictions are absolutely incorrect. Those of us who pay attention are used to people on the far right being proven wrong(they almost always are), but cognitive dissonance is one hell of a powerful force, and even though right wingers are wrong about so very much, that doesn't change the opinion of any right wingers.

 

No, the "rich" don't create jobs...remember? Trouble keeping the Leftninny Talking points straight?

Stop being envious of every successful American...

 

Oh please, say "job creator". Please I just want to hear you say it.

 

Where did I say that the report was good???

I wouldn't do what you do for Soros for any amount of money.

 

oh yeah, since the BILLIONS we have already supposedly spent on 'infrastructure' has done so well...

the definition of insanity: doing the same thing over and over expecting different results..

 

GiveUSLIberty did, while making a Tea Party talking point.

Glad you disagree.

What are you talking about now -- alluding to your repressed homosexuality or something? Please, stay on topic. We'll start a new thread for that.

 

Been grocery shopping lately? Significant inflation has ALREADY taken place, as reflected in the higher prices of nearly everything.

 

We got different results. Bush gave us a collapsing financial market on the verge of a Depression, and the stimulus prevented it.

I know, I know, it's hard for Tea Partiers to think in terms of concept. They need physical things, like boxes and balls in order to figure things out.

Fortunately economists don't.

 

so before the debt ceiling was raised, the stock market was down because the market was nervous...

now the debt ceiling was raised...and the stock market continues being down but now it is because of the Tea Party...

today it came up a bit, so is THAT because of the Tea Party too?

what about that gum you stepped in, was THAT because of the Tea party??

 

Oh dear this silliness.

Oil just dropped to a year low. Are you adding that into your weirdass inflation index?

 

Why would that matter? Debt is irrelevant to our current problem. I am not sure if you are aware, but there was a massive housing bubble, and irrational actions taken by banks ensured that when that housing bubble collapsed, trillions of dollars would be lost beyond the value of the mortgages that defaulted(securization and derivatives ensured that). The debt has about as close to nothing to do with this problem as is possible. In fact, the deficit is just a symptom of this problem. Before the economy collapsed, the deficit was not ideal, but it was manageable. The recession led to major revenue declines, and led to a bailout and a stimulus that cost a lot of money. So what exactly does the debt have to do with anything? The tea party are causing problems, because in their ignorance, they are trying to solve a non-existent crisis. Their method of solving that non-existent crisis is likely to only make things worse.


PS. The debt doesn't matter as long as we can make the payments on our debt(which we can, and very easily). Worrying about the size of the debt, is like a person worrying that they are 300,000 dollars in debt(including mortgage, car loans, credit cards, etc) even though they can easily afford their payments. It only becomes a problem when you can't afford your payments, worrying about the total debt is irrational, and only people who don't actually understand the issues we face would ever consider that number to be significant.

 

well maybe Obama needed to remember that the Tea Party is in the drivers seat then...he can come along but he's gonna have to sit in the back...

why didn't the Democrats do their jobs and put a budget in place sometime in the past two plus years when they had a supermajority> hmmmm??

 

what they don't get though is that (as margaret said) eventually you run out of other people's money. The socialists have sucked Europe dry leaving the husk to be picked up by the Muslims; now they have turned their attention to the US. We are the last of the 'other people's money' they need so much. they are like locusts, destroying everything for their temporary pleasure.

 

and why did he start another one!?

 

and the constant sexual imagery...education in America, it's not what it used to be...

 

Obama started a war? What country did he invade? HOw many troops were sent and where?

This is breaking news man!