Obama Planning to Takeover ALL BANKS

Are you Glenn Beck?

What’s Glenn’s show going to look like when this thing is over?  We just started hearing all three hours of his show here in STL.  That guy is depressing.  He’s funny, but man can he turn a good day into a gloomy one quickly. 

I like Glenn alot, but have to agree with you here Spiff - on morality and conservative principles he is dead on. Regarding the economic situation, he has been about as bearish and conspiratorial as ANYONE. I have listed to him on radio for 4 years now, and the last 2 years have been difficult b/c of his doom and gloom scenarios.

d*** Morris has thrown impartiality out the window as he learned it is far more lucrative to be in bed with the conservatives. You can’t take what he says at face value at all anymore.

Look, I don’t care for Obama anymore than a Fox News commentator, but this over the top gloom & doom from Beck, D*ck Morris and Sean Hannity has me changing the channel more and more these days.  It’s obvious that these guys are just as politically motivated to talk down the economy after the election as Keith Olbermann & company were before the election.  I really wish there was such a thing as an objective media.

Agreed, people are patheticly dedicated to party lines. I am not. I think Reagan & Clinton did great jobs reducing the governement bureaucracy/black hole. I think Bush and Obama did/are doing a terrible job. (markets loved when reagan & clinton would let more money flow to the economy instead of getting trapped in government)

It appears the only good that will come out of Obama will be massive reductions in the ridiculous amounts of military spending we are doing, but he appears to think we should massively increase the size of the federal government. This will take 50+ years to unwind.

Every dollar that is given to the government is not given to the real economy.   

JJ…You said that every dollar that is given to the government is not given to the real economy.  I disagree with this statement, in a study done in 2006 when you include civil servants, employees of government funded contracts, organizations that receive federal grants, the post office, and the military the number of people that are “actually” on the government payroll is 14.6 million.  To say that they are not part of the real economy is not correct.  They earn a wage and they buy products and services, they are part of the economy. 

Look, I don’t care for Obama anymore than a Fox News commentator, but this over the top gloom & doom from Beck, D*ck Morris and Sean Hannity has me changing the channel more and more these days.  It’s obvious that these guys are just as politically motivated to talk down the economy after the election as Keith Olbermann & company were before the election.  I really wish there was such a thing as an objective media.

government payroll is 14.6 million

this years budget is over 900 billion



quite a gap.

I’m not against Geithner, he’s doing a good job. I think Obamas big government/socialist policies will be very very bad for this country.

It’s the exact opposite of what lead to prosperity in the 1980s and 1990s

My mistake I should have been clearer.  That’s 14.1 million employees when all groups that receive money from the federal government are included!

government spending should be no larger than 20% of GDP.



History shows that when government spending is between 15-20% of GDP, GDP growth is about 4%.



When overnment spending is 40% of GDP, GDP growth is less than 2%.

when over 50%, GDP growth averages less than 1%.







stocks go down when government spending goes up

Forget all of this crap, I am just going to cash out and build a bomb shelter! The end of the world is near! Stocks will never go up again, all banks are going under, the dollar will be worthless, US dominance is over, capitalism is dead, taxes are going to 80%,  unemployment will hit 25%, soup kitchens will replace all McDonalds, blah blah blah.

if government spending stays under 20%, the stock market will probably return between 12-14% over the next 10 years

Glen Beck is a Mormon. He joined / converted as an adult, which says something about his intellectual prowess…or lack thereof…

MinimumVariance, you are showing yourself to be a bigot, which says something about your intelligence.

ICE,

Nice to know that social and moral values are of zero concern to you. 

I will concede your point.  Bigots can be intelligent.  I have still lost respect for someone who spouts hatred and bigotry on a public forum. 

I believe MV was making a joke – it’s amazing to me that intelligent, EDUCATED people get so offended at jokes.



To say that the choices we make in life don’t give an indication into our intelligence and decision-making ability is complete nonsense.



For example: White guy, from a good family, good education gets his MBA, gets his CFA charter and goes to work for a bank. He then creates some really sh*tty financial products. There are some problems with these products and it causes the bank to lose money. Now, just that one guy did that you wouldn’t assume all white people with MBA, CFA’s are screw-ups would you?



But if a lot of people like that did…



It turns into a joke.

I am 100% in favor of funny jokes.  I even like jokes in the tradition of...there was a Catholic Priest, a Mormon Bishop, and a Jewish Rabbi...etc. They are funny and not intended to offend when you make fun of everyone, but when you single out a single religion, or race for that matter, and question their intelligence because they are a member of that religion, in my opinion, you are crossing a line between trying to amuse and being a bigot.

I am a former big fan of Glen Beck and his talk show.  I have purchased both of his books and enjoyed reading them, but I no longer listen to his radio show or TV show because he has turned into a (to put it mildly) nut-job consipacy theorist.  I don't think his being a member of the LDS church has anything to do with his current politics. What I do think has to do with his politics is trying to get as many people to watch his program as possible so he can make his millions to stuff into his mattress at home and bury under his favorite tree in the backyard.  The more people he can get to watch the show drives the advertisers to pay more for their ads and, in turn, generates a nice income for the Beck family.

Maris Osmond was hot, but the Book of Mormon is pretty whack. You can question this guy Beck’s conversion  – without being a bigot.

No you can't.    Bigot= a prejudiced person who is intolerant of any opinions differing from his own.  Definition courtesy of Princeton.

"Bigot= a prejudiced person who is intolerant of any opinions differing from his own."

you bigot

“Two things I can’t stand, intolerance for other people’s culture, and the Dutch” Austin Powers father.

I can’t stand “Red Sox Nation”. Does that make me a bigot?

Look, if you think Glen Beck is an idiot that is fine with me.  If you disagree with his opinions that is also great because I disagree with them myself.  However, you are a bigot if you believe him to be stupid because of his religious beliefs. 

Yeah, but someone that really knows said “Rush Limbaugh is a big fat idiot.” I think that makes it true.

I hope he does, I’d love to get into that Government pension. 100% paycheck for the rest of my life, awesome!