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-   -   So, Obama thinks Wall Street is 50% of the economy? (http://www.cougarguard.com/forum/showthread.php?t=25973)

il Padrino Ute 05-04-2009 06:36 PM

So, Obama thinks Wall Street is 50% of the economy?
 
I'd like to see where he gets this info.

http://news.yahoo.com/s/ap/20090503/...bama_economy_2

He wants the private sector to not play as big of a role as it has in the past.

No, he's not a socialist.

ChinoCoug 05-04-2009 06:51 PM

Quote:

Originally Posted by il Padrino Ute (Post 304720)
I'd like to see where he gets this info.

http://news.yahoo.com/s/ap/20090503/...bama_economy_2

He wants the private sector to not play as big of a role as it has in the past.

No, he's not a socialist.

LOL. So il Pad things Wall Street is 100% of private sector? I'd like to see where he gets this info. No, he's not a socialist. He's not a Muslim.

But assuming you're serious, il Pad, this means he is reining in the Oligarchs. Finance cannot drive prosperity. Sectors like Silicon Valley that really increase our standard of living by making things more efficient can.

<Thunderous applause from Chino>

ChinoCoug 05-04-2009 06:52 PM

Quote:

"I actually think that's healthy. We don't want every single college grad with mathematical aptitude to become a derivatives trader. We want some of them to go into engineering, and we want some of them to be going into computer design."
Rock on, Mr. President!

Cali Coug 05-04-2009 06:55 PM

Quote:

Originally Posted by ChinoCoug (Post 304721)
LOL. So il Pad things Wall Street is 100% of private sector? I'd like to see where he gets this info. No, he's not a socialist. He's not a Muslim.

But assuming you're serious, il Pad, this means he is reining in the Oligarchs. Finance cannot drive prosperity. Sectors like Silicon Valley that really increase our standard of living by making things more efficient can.

<Thunderous applause from Chino>

lol! But Chino- that means he is a socialist! After all, the definition of socialist is a person who doesn't believe Wall Street comprises 100% of the economy!

And Il Pad wonders why I say he doesn't know what the word means.

Tex 05-04-2009 06:57 PM

Quote:

Originally Posted by ChinoCoug (Post 304722)
Rock on, Mr. President!

Yeah. That's really a decision we want politicians making.

il Padrino Ute 05-04-2009 07:01 PM

Quote:

Originally Posted by ChinoCoug (Post 304721)
LOL. So il Pad things Wall Street is 100% of private sector? I'd like to see where he gets this info. No, he's not a socialist. He's not a Muslim.

But assuming you're serious, il Pad, this means he is reining in the Oligarchs. Finance cannot drive prosperity. Sectors like Silicon Valley that really increase our standard of living by making things more efficient can.

<Thunderous applause from Chino>

:confused:

I'm not sure what you're talking about Chino. I quoted Obama as saying that Wall Street is 50% of the economy and then pointed out that he wants the private sector to play a smaller role.

ChinoCoug 05-04-2009 07:06 PM

Quote:

Originally Posted by il Padrino Ute (Post 304725)
:confused:

I'm not sure what you're talking about Chino. I quoted Obama as saying that Wall Street is 50% of the economy and then pointed out that he wants the private sector to play a smaller role.

He only said Wall Street will play a smaller role, and Silicon Valley a bigger role. If he's saying he wants the private sector to play a smaller role, that means Wall St = private sector.

il Padrino Ute 05-04-2009 07:11 PM

Quote:

Originally Posted by ChinoCoug (Post 304726)
He only said Wall Street will play a smaller role, and Silicon Valley a bigger role. If he's saying he wants the private sector to play a smaller role, that means Wall St = private sector.

Why did you say that I think Wall Street is 100% of the private sector?

ChinoCoug 05-04-2009 07:19 PM

Quote:

Originally Posted by il Padrino Ute (Post 304727)
Why did you say that I think Wall Street is 100% of the private sector?

Obama: I want to reduce significance of Wall Street.
Il Pad: Obama says he wants to reduce significance of private sector.
Transitivity: Wall Street = private sector.

ChinoCoug 05-04-2009 07:20 PM

Quote:

Originally Posted by Tex (Post 304724)
Yeah. That's really a decision we want politicians making.

Hats off to you for driving prosperity in this country. But that's a straw man because politicians (and I despise them too) aren't gonna make that decision. They're gonna erect regulations that will make Wall Street careers less lucrative.


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