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American Capital Agency Corp. Message Board

  • raybans2 raybans2 Nov 15, 2012 12:57 PM Flag

    I highly recommend that ...

    if you are a Democrat and you think that Obama is going to do wonderful things to the economy when he drains 1.6 Billion in taxes out of it, that you go 100% long the market and go another 100% long on margin. Bet your convictions if you truly believe them. And if you don't then why the heck did you vote for him. Just could not resist?

    But if you are a Republican and know what I know then I recommend that you sell the general market and get ready to short it. That's 11 percent of GDP in new taxes. How can the economy survive that? In fact it won't. It's going to tank.

    Democrats, please ignore the second paragraph. It's all lies and deception and not for your ears. You should be out there buying shares to show support for your fearless leader. And I mean, he is certainly not afraid of anything, so it seems.

    But then, how can you fear what you do not understand.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Two things:

      [1] The $1.6 trillion is over 10 years, not one year. It's less than 1% of GNP ... maybe a lot less if the economy continues to improve.

      [2] BO wants to raise taxes above $250,000. If you make $250,000, there is no increase at all, and only a couple of percent on earnings above that.

    • You know, it is highly probable that neither candidate would bring the economy back to full steam in the next year, so quit blowing smoke about "betting your convictions." Do I like where we are as a country right now? No. But would I ever in my life vote for the soulless Mr. Romney? Also no. And don't misunderstand me... I would vote for another Ronald Reagan in a heartbeat. The GOP has lost its way in the past 15 years.

    • And this is exactly why politics should never be brought up on a finance board, especially one as good as AGNC. I read/follow/learn from a lot of people on this board (including many who are responding to this thread) and I know very well I'm not the only one. All of these political attacks on opposing parties only creates animosity between board members. Lets get back to talking about ways to make money and stay away from these personal political beliefs.

    • This $1.6 billion figure does not look correct. Do you mean $1.6 trillion. It is just about one week of expense of Asghanistan war. Just get out of it and save this fig. Let those thugs fight among themselves.

      Sentiment: Strong Buy

      • 1 Reply to munirqasim42
      • Of course I meant $1.6 trillion. Isn't it obvious as that is what Obama just recently said he wants to increase taxes revenues by because he said that his winning the election was a mandate for higher taxes, much higher than anything he ever suggested in the past? Even more than the deficit so he can buy toys, lots and lots of toys, oh my. Which, by the way, he can never achieve without dinging the middle class well below the $100k point. Keep in mind that Obama finally realized, late to the game, that having one of the highest corporate tax rates in the world is only making it harder for the US to compete abroad. So he has become committed to lowering them as all the other countries have been lowering them so that they can increase their exports. Now he wants 1.6 trillion more in revenue after reducing corporate income tax rates? But where will he get it from? Sorry but there are not enough rich people in this country to get that much money from.

        Too late to change your mind, he’s elected now. You should have seen this coming.

        Apparently Obama thinks that he is in the candy store. He has a mandate after all and I'm sure he won't cut a deal with the Republicans until he gets everything he wants no less. After all, he thinks he has a mandate as if he is Constantine receiving a vision on the battle field but more likely he is simply being full of himself. He’s probably commissioning a portrait of himself as we speak. I’m sure he feels like a great warrior returning from battle as if it has somehow transformed him into something more than he once was. I hope he comes down from this before we reach the fiscal cliff so we can get something accomplished.

    • Lots of petty arguments on good day for AGNC....

    • nobody cares what you recommend....go play with your toys nowand let the grown ups discuss big boy matters.....

      Sentiment: Strong Buy

    • arrogance is seldom funny...but you came pretty close today

      Sentiment: Strong Buy

    • yourbestfriendintheworld yourbestfriendintheworld Nov 15, 2012 1:48 PM Flag

      It's not the taxes, it's what you do with them. Right now, the rich are hoarding their income. It's doing nobody but their stockbrokers any economic good. Pulling it out of their hides and putting it into infrastructure projects instead of blowing it up in the deserts of Afghanistan and Iraq will grow the economy. You may pay less for a share of JPM tomorrow, but you'll get rich on construction companies and auto makers who've gone hybrid or better.

    • Americans picked Obama for President, and you no liking him is your problem.Go to Alabama, pick cotton and forget the marrket.

 
AGNC
22.54-0.07(-0.31%)Sep 17 4:00 PMEDT

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