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How Will The 86% Disapproval Rating Of Congress Effect Pm's.

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Author Previous TopicReplies: 9 / Views: 1,165Next Topic  
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 08/05/2011  11:26 pm Show Profile   Bookmark this topic Add Silverhawk74 to your friends list Get a Link to this Message Number of Subscribers
I don't have a clue if this will effect Pm's or not, I just worded it like that to keep this info here in the section where all my favorite posters post....

http://news.yahoo.com/blogs/fast-fi...2631956.html

That is the lowest in history by the way, I knew these weasels were taking a beating in every blog I have read of late. How do they respond after wasting months debating an pointing fingers, essentially slapping a band aide on a gaping wound, something a four year could have done. Then they go on vacation....

Who grabbed that bill, oh well we did eh....

Hope you don't get to burned, or sun poison, or eaten by a shark NOT! Man that would make an interesting new episode for shark week 2012....
Edited by Silverhawk74
08/05/2011 11:27 pm
Valued Member
United States
123 Posts
 Posted 08/05/2011  11:30 pm  Show Profile   Bookmark this reply Add John Bonzo to your friends list Get a Link to this Reply
86%? Seems low! I don't think it will have any extra effect that the debt spiral and high unemployment levels won't already have.
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Silverhawk74's Avatar
United States
3670 Posts
 Posted 08/05/2011  11:35 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Yeah John with this AA talk and this rating info, one would think Pm's will shoot through the roof next week, but ever time I think that is a sure thing to happen, the opposite seems to occur....

And that 14%, how hard would it be to look them in the face with a strait face and have a debate with these rocket scientists without cracking up and saying sorry, but I can't converse with you any longer, lol....
Edited by Silverhawk74
08/05/2011 11:38 pm
Valued Member
United States
123 Posts
 Posted 08/05/2011  11:54 pm  Show Profile   Bookmark this reply Add John Bonzo to your friends list Get a Link to this Reply
Well, the biggest threat short-term to PMs in my opinion is the huge discount you can get on stocks at the moment. I know I did a lot of buying low today (for long-term retirement). I really think that the PM market already adjusted for the coming credit rating drop (or has it already come?). For PMs, I'm bearish short term (few weeks) but bullish long term. But what do I know?
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mitchhailey's Avatar
United States
1150 Posts
 Posted 08/06/2011  01:13 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list Get a Link to this Reply
Well, I for one know that this country is in a heap of financial trouble. Have any of you ever seen what one trillion dollars in physical cash looks like?!?! Good God! And some US debt estimates (including unfunded liabilities)range up to 70 trillion dollars or more!

We have no leaders with cajones and any 'fix' they come up with will either make the problem worse or will be very, very painful for people to live with (i.e. restructuring medicare/medicade/SS, etc...) because a lot of people are dependant on government money. This crap has GLOBAL implications.

Either way it is a win/win for PMs. However, as has been said a million times, you can't eat gold/silver. Invest in storable foods first!
Valued Member
United States
123 Posts
 Posted 08/06/2011  08:29 am  Show Profile   Bookmark this reply Add John Bonzo to your friends list Get a Link to this Reply
All it takes is another Reagan-like leader to begin to get us out of another Carter-like trouble, and there goes a big drop in PMs. How likely is that? I don't know, Which is why diversity is so important!
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 08/06/2011  09:08 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
90% of the people surveyed must have been working stiffs.
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mkfarm's Avatar
United States
667 Posts
 Posted 08/06/2011  10:02 am  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
You know this is a useless poll and number. The majority of the same people will be reelected based on the fact they have been able to take your tax dollars and spend them on some unneeded project in their home district. Half of our buildings are named after a dead congressman but yet the largest city has been in the Financially Distressed Municipalities Act since 1992.

So what do you have more faith in? A politician, the dollar or gold & silver?

Something has to give it just does. So while PM's might not jump on the news of this poll they certainly may jump because the rating shows the lack of trust people have in them getting us back on the right track.
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Ed_B's Avatar
United States
4008 Posts
 Posted 08/06/2011  8:24 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
So, when did it drop? Some months ago, congress hit an ALL TIME low approval rating of 9%. Yep, single digit approval rating. One would think that this would sink in at some point. If not, then a voter applied 2x4 up-side the head will have to do. Come to think of it, the 1st application of that occurred last Nov. Clearly, additional applications are needed.

Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 08/09/2011  05:20 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:

90% of the people surveyed must have been working stiffs.


Must have been a real trick to find that many.
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