Your Questions About What Is Wrong With The Stock Market Today

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Chris asks…

Technical Advice: What is going on with GM stock?

I’m relatively new to trading, and will claim ignorance on any count against me, but I really have been trying to do my research and get involved with technical trading. One of the stocks that’s really caught my eye as of late is GM. The following points are what I found/find interesting and why I considered a long position with the stock, but since my purchase it has only continued to crumble. What is wrong? What is right? Where am I confused?

The stock is trading drastically below it’s 50 and 200 day SMA – I considered with light significance, but could be a sign the stock is oversold.

Upon purchase (the latter half of August), the stock was trading below the low bollinger band at 1, 3, and 6 month intervals using both 20 and 50 periods. – I considered with high significance as a sign the stock was oversold. Is this not what bollinger bands are designed to tell us? Two standard deviations from the mean has always signaled “outlier” before hasn’t it?

As of this week, debt rating was upgraded two notches. – I consider this with high significance . Doesn’t this push GM out of “junk” status? Will this not lower the cost of borrowing, thus decreasing cost overall, resulting in a higher margin?

Put/Call ratio below .2 – I consider this with high significance. It seems to signal to me that general sentiment of the stock is that it’s going to move higher, or else why would the ratio be so lop sided?

All of these signs seem “positive” to me, and I took a long position, and since then the stock has continued to move further and further down. Even today, after the debt upgrade, I understand the market as a whole is down, but GM stock is down almost twice as much on a percentage basis.

Have I made the wrong play to go long with GM? What about my conclusions are right? What are wrong? What else should I try to look at to make sure I make better decisions?

Also, how much weight should be given to “price targets” from analyst companies? What goes into these reports? And how are they so far apart with regards to GM? I’ve seen estimates ranging from
$24 through $35 dollars a share.

Any advice would be helpful.

Justin answers:

I have no particular opinion about GM except that its chart sure looks ugly to me. How you can look at a chart that is very consistently down over the last bunch of months and conclude that it is going to go up is beyond me. I never invest in anything that is not showing at least some signs of strength.

Some of your assumptions seem naive to me. First off, GM was raised from BB- to BB+. Good for them. It’s still below BBB so it’s still junk. An S&P upgrade was probably more significant 15 years ago than it is now as the default risk is better assessed by looking at CDS spreads than credit ratings. CDS spreads haven’t changed on GM much recently.

Put-Call ratio seems to me to be a feeble indicator. Are there any empirical studies that suggest that it provides any insight into stock performance? Options aren’t just created out of thin air. For every call that exists there is one person who sold it – making a bearish bet – and one person who bought it – making a bullish bet. If the Put-call ratio shows anything it means that there is more significance in someone saying “it’s not going to go up” than “it’s going down” and those seem pretty similar to me.

Anyway, why would you try to be a hero and pick a bottom? This is just not the way to make money in markets. You don’t have to make the best possible trade to make money. Wait for some signs of strength, wait a little longer, wait longer than that and then buy.

John asks…

Its the 1930¨s again? politics of our time is as dark as ever, but with a bright ligths in the horizon?

Its the 1930¨s all over Again ? with all the political wrong decisions……….?
It’s the 1930s All Over Again
by Llewellyn H. Rockwell, Jr.
by Llewellyn H. Rockwell, Jr.


Jittery stock markets, an economy drunk on credit, and politicians calling for varieties of dictatorship: what a sense of déjà vu! Let us recall that the world went bonkers for about ten years way back when. The stock market crashed in 1929, thanks to the Federal Reserve, and with it fell the last remnants of the old liberal ideology that government should leave society and economy alone to flourish. After the federal Great Depression hit, there was a general air in the United States and Europe that freedom hadn’t worked. What we needed were strong leaders to manage and plan economies and societies.

And how they were worshipped. On the other side of the world, there were Stalin and Hitler and Mussolini, but in the United States we weren’t in very good shape either. Here we had FDR, who imagined himself capable of astonishing feats of price setting and economy boosting. Of course he used old-fashioned tricks: printing money and threatening people with guns. It was nothing but the ancient despotism brought back in pseudo-scientific garb.

Things didn’t really return to normal until after the war. These “great men” of history keeled over eventually, but look what they left: welfare states, inflationary banking systems, high taxes, massive debt, mandates on business, and regimes with a penchant for meddling at the slightest sign of trouble. They had their way even if their absurd posturing became unfashionable later.

It’s strange to go back and read opinion pieces from those times. It’s as if everyone just assumed that we had to have either fascism or socialism, and that the one option to be ruled out was laissez-faire. People like Mises and Hayek had to fight tooth and nail to get a hearing. The Americans had some journalists who seemed to understand, but they were few and far between.

So what was the excuse for such a shabby period in ideological history? Why did the world go crazy? It was the Great Depression, or so says the usual explanation. People were suffering and looking for answers. They turned to a Strongman to bail them out. There was a fashion for scientific planning, and the suffering economy (caused by the government, of course) seemed to bolster the rationale.

All of which brings me to a strange observation: when it comes to politics, we aren’t that much better off today. It’s true that we don’t have people running for office in ridiculous military suits. They don’t scream at us or give sappy fireside chats or purport to be the embodiment of the social mind. The tune is slightly changed, but the notes and rhythms are the same.

Have you listened carefully to what the Democrats are proposing in the lead-up to the presidential election? It’s just about as disgusting as anything heard in the 1930s: endless government programs to solve all human ills. It’s as if they can’t think in any other way, as if their whole worldview would collapse if they took notice of the fact that government can’t do anything right.

But it also seems like they are living on another planet. The stock market has a long way to fall before it reaches anything we could call low. Mortgage interest rates are creeping along at the lowest possible rates. Unemployment is close to 4%, which is lower than even Keynesians of old could imagine in their wildest dreams.

The private sector is creating a miracle a day, even as the stuff that government attempts is failing left and right. The bureaucracies are as wasteful and useless as they’ve ever been, spending is already insanely high, debt is skyrocketing, and there’s no way that any American believes himself to be under-taxed.

The Democrats, meanwhile, go about their merry business as if the public schools were a model for all of society. Oh, and let us not forget their brilliant idea of shutting down the industrial economy and human prosperity so the government can plan the weather 100 years from now. We can only hope that there are enough serious people left to put a stop to this harebrained idea.

But before we get carried away about the Democrats, let’s say a few words about the bloodthirsty Republicans, who think of war not as something to regret, but rather the very moral life of the nation. For them, justice equals Guantánamo Bay, and public policy means a new war every month, and vast subsidies to the military-industrial complex and such other Republican-friendly firms as the big pharmaceutical companies. Sure, they pay lip service to free enterprise, but it’s just a slogan to them, unleashed whenever they fear that they are losing support among the bourgeois merchant class.

So there we have it. Our times are good, and yet we face a choice between two forms of central planning. They are varieties of socialism and fascism, but not overtly: they disguise their ideological convictions so that we won’t recognize that they and their ilk have certain predecessors in the history of political economy.

Into this mix steps Ron Paul, with a message that has stunned millions. He says again and again that government is not the way out. And even though his political life is nothing short of heroic, he doesn’t believe that his candidacy is about him and his personal ambitions. He talks of Bastiat, Hazlitt, Mises, Hayek, and Rothbard – in public campaign speeches. And let no one believe that this is just rhetoric. Take a look at his voting record if you doubt it. Even the New York Times is amazed to discover that there is a principled man in politics.

It is impressive how crowds are hard pressed to disagree with him. How much good is he doing? It is impossible to exaggerate it. He provides hope when we need it most. You see, the American economy may look good on the surface but underneath, the foundation is cracking. The debt is unsustainable. Savings are nearly nonexistent. Money supply creation is getting scary. The paper-money economy can’t last and won’t last. One senses that the slightest change could cause unforeseen wreckage.

What would happen should the bottom fall out? Scary thought. We need ever more public spokesmen for our cause. In many ways, the Mises Institute bears a heavy burden as the world’s leading institutional voice for peace and economic liberty. So does And we are working in every way possible to make sure that the flame of freedom is not extinguished, even in the face of legions of charlatans and power-mongers. Even though the politics of our times is as dark as ever, there are bright lights on the horizon.

July 28, 2007

Llewellyn H. Rockwell,

Justin answers:

Yes, it’s politics as usual. Back to the 1930’s my father worked as a truck driver and made $1 per day. We lived in a shack on my grandfather’s ranch. The Oakies were pouring into California trying to work their way to food on the table by picking prunes (California prune pickers) and every other crop grown in our state. In fact, they were hungry enough to do the work that Mexican illegals do now. Things were not good even though one relative bought a 3 bedroom house in Fresno, CA (Pop under 10,000) for $2,000. The point I’m trying to make is this, there is both good and bad to a major depression which might be what we are headed into. I lost about $10,000 on the stock market last month and my investments are solid, no fly-by-night crap. Nothing economically is going well at this time and that is to be expected. Historically a depression hits every 30 years. We have taken great measures to prevent that, like taking the silver and gold out of money in the 1960s so your money is only worth the cost of the paper it is printed on. At this point money is only relative to manipulation. Greenspan, genius of finances vascillates in and out of the federal government doing what he can but the end result is he can do nothing to stop what is happening. Watch the implosion of the housing market. It is not scary to me, it is reality and reality is something the younger generation has never before had to face. It is time for a change that will take the gangs off the streets because they will be hungry just like everyone else. I see what is happening as possibly the last great hope for people in the US even though most of us, myself included will suffer a financial blow. Humanity will take a far greater step for mankind.

William asks…

What do you guys think about this interesting information?

Some say the New Deal worked and some blame the free market and deregulation as the main cause of the Great Depression…

What the New Deal gave America was relief, but it did not solve the problem, it only prolonged it. It also left America with more debt. When FDR took office in 1933 (Year New Deal was passed.) unemployment was over 24%. In 1935 (Second year New Deal was passed) unemployment was at 18%. In 1939, it was 17.2%. In 1940 (before the War), unemployment was still over 17%. That doesn’t sound like something that worked, after all 17% unemployment is MASSIVE. From 1933 to 1938, unemployment dropped only 7%. When America entered the Second World War in 1942, unemployment began to drop in a rapid pace. In 1943 unemployment had fallen to 1.9%. The Second World War is what got us out of the Depression. It made unemployment go away and it awakened the industrial might of America. It’s not hard to see how WW2 got us out of the Great Depression. With everyone buying, spending, and producing, the economy made a great recovery. With the demand for war supplies high, it forced our nation to be more productive, which lead to us being more prosperous. WW2 got us out, the New Deal did not. All the New Deal left us with was a higher debt and a larger government…

I think FDR’s own staff members can summarize how badly the New Deal failed, like what Henry Morgenthau, Secretary of Treasury for FDR, said once. He said –

“We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and now if I am wrong somebody else can have my job. I want to see this country prosper. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises. I say after eight years of this administration, we have just as much unemployment as when we started. And enormous debt to boot.”

– Henry Morgenthau, FDR’s Secretary of Treasury… (1941)

That came from FDR’s own staff member! The numbers don’t lie either. Redistribution of wealth, which is what a stimulus does, does not create wealth or jobs! It only changes who has the money…

AS FOR THE STARTING OF THE GREAT DEPRESSION- Some liberals think that it was the free market‘s fault. They blame deregulation and capitalism. But that’s not what Herbert Hoover did. Herbert Hoover did what most liberals would do and today he is still wrongly viewed as a free market disciple. The very seeds for the Great Depression were planted way before the stock market crash!

During the recession of 1928, the Federal Reserve Board severely cut the money supply. The discount rate to banks was increased from 3.5% to 6%, from January, 1928 to August, 1929. By slashing the money supply and cutting off the the lines of available credit, the economy contracted. Not to mention the passage of the most draconian protectionist bill in American History, the Smoot-Hawley Tariff Act.

The investors reacted to the bill, and added with the slashing of the money supply, the market became unstable and over a three day period in October 1929, the market crashed… Added with the Fordney-McCumber Tariff of 1922, which destroyed the agricultural economy-it’s easy to see how the Great Depression was started by poor choices and not the free market or deregulation, as some crazy liberals will say.

The funny thing is that one of Roosevelt’s top advisors, Rexford Guy, even said “We didn’t admit it at the time, but practically the whole New Deal was extrapolated from programs that Hoover started.”… What this man is saying is that the New Deal got it’s main ideas and policies from Hoover’s own disasterous programs! WTF!?

Once again, liberal programs and spending lead to our collapse. The liberals also, throughout history gave large amounts of power to the Federal Reserve, which was also a major cause of the Great Depresssion… As I said before, it was not due to conservative values. It was not due to the free market and it was not due to capitalism…


BTW for those how might want to report this, i did ask a question. What do you think about this?
And for those of you who will comment, please read the damn thing. I’ve seen many liberals who reject what someone has written just because they can’t read past 5 sentances.
As i said before, liberals can’t read, so they attack instead of actually naming sources…
And them liberals get off topic and attack conservatives instead of having a logical debate…
Thank you Jimmy G, i may not agree with you but atleast you gave a LOGICAL response.
Thank you to all who actually debated and challenged what i typed. It to me show’s repect and some actual intelligence. But i did see a lack of sources.

Justin answers:

Those who don’t learn from history are bound to repeat it.

The Fed was at the heart of our current crisis — they kept rates low enough to encourage risky/crappy loaning standards…w/o the low rates, sub-prime mortgages/ARM teaser rates/NINJA loans would have been minimized. Consequently, the Fed was at the heart of the Great Depression as well. It’s a sickness to think they can control an unpredictable giant found in domestic/global markets.

As for prolonging the recession — Buffet, Trump and Soros have all come out and said this is going to last a long time…Obama’s ratings are falling as China talks to Brazil about abandoning the US Dollar as the currency of exchange and the deficits are starting to strike close to home. You can’t spend yourself into prosperity and people are starting to come to life…speaking out against Obama’s destructive spending strategy. And he’s still pitching — trying to make people believe that his strategy is correct by claiming the “Stimulus” has worked. Excuse me for pointing out the obvious but very little of the money has been spent. That first big chunk of change gets injected into the economy at the end of the year. Lies, lies and more lies.

But this is nothing new for those who have been paying attention and have a basic understanding of economics:

These two hosts can’t seem to set their political ideology aside as Schiff tries to explain what’s on the horizon.

“Provocative” — also known as a call to reality. Trillion dollar deficits is what he said, right?

Ken asks…

Glen Beck, Rush Limbaugh, Bill O’Reilly, …. the insane right ?

on Glen Beck today he ran a parody where in a familiar telecaster voice talks abut Hope, the democrats message of Hope, Hope that we fail in Iraq, Hope that another Republican sex scandal will happen tomorrow, Hope that the economy will bottom out… and then he comes in laughing saying isn’t it true ..isn’t it true??…
well Glen, and the rest of you sleeping potato heads.. it is all true..all of it,
Iraq is a miserable and disgusting travesty..
Been watchin the stock market guys, ..oh and how about the value of the greenback over the last “5” years?
Sex scandals.. Bill O’ had his own or did you all forget?????
Dirty Money, Blood for Oil, flagrant deviant behavior….
Don’t even say Barney Frank or Bill Clinton… that shite is old fellas, really old…

What is wrong with you people????????? seriously

Justin answers:

I am all for free speech but it seems that Conservative Hate Radio is not about free speech. They are the biggest choreographers of the right winged propaganda in the country. Their main job seems to be as coordinators of the message. To get it out to their base and to repeat it as often as possible. It has been a very long time since the truth seemed to matter to these people. It is either disinformation or No information with them.

Mark asks…

My GF is Going to leave unless we move out…I love her, but …..?

Let me apologize for the length….but I appreciate any all help…
So here is the situation. My GF and I met online almost 18months ago…, I am 29 she is 20. After talking for months online, and flying back and forth to see each other, we decided to move in together. We moved in with my parents. They are completely understanding, we can come and go as we please, we drink with them before we go out for a night; my parents are content having us and it is about as easy living with parents as living with parents can get…. we can stay out until 4am and they sleep right through it…. we can be as loud as we want in the bedroom and they cant here a thing (or just dont care), we pay NO rent and have virtually NO bills….does coffee count???

I have a dual graduate degree (from a prestigious university), I have worked at a major financial institution, I know the stock market better then most “financial advisors”; I am currently (as I have always done) in the process of getting yet another degree!!!!
I am possibly the smartest/dumbest unemployed person on the planet. I have alot of savings that I made during the dip in the stock market….(I bought low…and I am selling high); She accepted at the beginning that we might have to stay here a little longer because we wanted to save for a down payment on a mortgage instead of waisting money on renting….
I have applied to no less then 300-500 positions over the last 5 months (another 18 today alone), and the only interviews I am getting are these ridiculous “sales positions” …..every position I apply to has a 2-5 year “experience required window”. The reasoning I have discovered is because when the recession hit, all the employed people became unemployed, and some retirees who lost their savings decided to come back to the workforce; so the labour market is saturated with experience but not with talent and I can’t break in anywhere….
She (which I dont argue or disagree with) says that we have to move out; and yells and screams at me daily…everything that goes wrong is because we are not moved out; she cant find this or that or anything….. its my fault, she cant go upstairs to make food out of fear of chatting with parents….its my fault…. she likes walking around naked, my mom comes downstairs….its my fault; mom tells her where the best deals are for food….ITS MY FAULT!!!!!!! I dont take enough pictures of her….she gets mad because we are not moved out; I dont listen (because I know its going to end in yelling)…. its my fault!!!!!!!
Now I readily agree- we do have to move out- I have offered to move out on my savings until I found work; she says that is not allowed; (shes is packing as I type this); I told her that we can move to her home town, and that is not allowed (she misses her family); I told her I would be willing to take a shitty job (I have 5 years waitering, cooking, assisting manager bars, clubs and restaurants in my youth) and she says she did not come here for “a fucking cook”;
I am not disagreeing with her (which no matter what I say she thinks it comes out as ‘you dont even want to move out), but it has got to the point where nothing I say matters….

Now I showed her this post…and she said that is about as one sided as it gets “a murder on trial wouldnt have that one sided a story”…..
she wont tell me what else I can put in this post to show you her side soo I guess I will try… (ummm)…..I played video games when she first got here, not extreme (thats how we met..she plays too and loves them)….but alot; I gave those up for online poker…and was making some money; I have since given that up……all the while I have been applying for jobs; …..
NVM she just said … I promised her things that I havent delivered (I told her I would pay for school…. she borrowed it from her parents-but told me I wasnt allowed…despite me offering); moving out (see above); my mom ‘banters her’ about stuff…. We have found a mouse (which is debatable its origins…but it was found in our section of the house…I will take responsibility for that..); we also found some mold (not alot mind you; and I have taken care of it); oh….and I dont have a job (see above)…
I have never been in a long term relationship; I thought I had found my soul mate; I really really wanted her to be the one….WE were like PB and J when we first met; Like ‘spaghetti and meatball’…..but now all we do is fight fight fight ….I assumed that all relationships went (had to go threw) something like this, but I cant go to anywhere else for advice…
Thanks to everyone who took the time….I kinda need the advice soon…..but thank you very very much

Justin answers:

Ask her to tell you exactly what she does want, what her expectations of you and your situation are and how she suggests you achieve them. If she is vague or non communicative then it is my guess that she doesn’t want to be in the relationship any more and is looking for an excuse for you to get so fed up you ask her to leave. You then look like the bad guy, she gets the sympathy, you wonder where you went wrong!! She might not even be doing it intentionally but reading what you have that’s my guess.

Thomas asks…

Asked my crush who already has a bf to a group movie night. What should I do next?

A bit long but pls bear with me

Ok, so I’ve been talking to this girl a grade younger than me at school (I’m in grade 10, she’s in grade 9) through MSN for the past 2.5 months, and today I asked if she’d like to go watch a movie with me and my friends and she said that she’d love to and that it will give us some time to get to know each other better and to be better friends.

Anyway, here’s some basic info:
The movie we’re watching is a comedy, “Diary Of A Wimpy Kid: Rodrick Rules”.
– Both me and her are fans of the “Wimpy Kid” series.
– She got a boyfriend the day after I chickened out trying to ask her to dance at the school dance.
– She already knows that I like her, thanks to my friend who told her that I like her on a public forum that my school uses, and her reply was that she figured that I like her even if he never told her that.
– I have absolutely 0, NO experience in this stuff.
– I’ve been rivals with her current boyfriend years before all this even happened.
– My own intentions of this event is not to make her cheat on her boyfriend, but to become better friends with her, thus giving me a bigger chance to get with her when she’s available again.
– She told my friend that she only likes me as a friend because I am not confident enough, and is always too nervous around her for her to give me a try and that I rely communication on MSN too much and that we should talk in person a LOT more.
– She is not freaked out at the fact that she’ll be hanging out with a group of guys at the movies, with only two that she knows and the rest being strangers to her.

The only problem that I have right now is her current BF. If he found out that she’s going to be hanging out with me and my boys for a weekend movie, I’m afraid that he’ll flip out and do something stupid like attempt to kill me or something (his and my “gang” of boys used to be die-hard rivals back in elementary school) Back than, I was still a wild child, now I’m more closer to the sophisticated gentleman. To be honest, I really like her, and all I want is for her to be happy, so even though she has a BF right now, I’ll stilll just want her to be happy. But don’t get me wrong, I still very much want to become her next, and longest lasting BF, even if that means waiting months for my chance.

So, is there anything that I should do next? Keep in mind that I can’t afford to pay for her ticket because although I was born into the stock market (A Wall Street boy), my parents still never give me much money at all ($10 a week, plus more money if I helped them earn money in stocks).

Yeah, also, what can I do to make sure that night goes well and that everyone has fun? BTW, my mom doesn’t let me date, but dad does, and my mom would freak out at the thought of me talking to a white girl (I’m asian) so, yeah, I can’t really let her know about this.


Justin answers:

Ooh, i wouldnt do that… Damn, your gonna get stuck in the friend circle… Which you probably already are. Heh, good luck with this man, and i would say that you should ask for her to invite her boyfriend, too. You know, try to make it look like you arent desperate to trying to wedge them apart. Even though her boyfriend is there, talk to her like he isnt, and talk to her a lot.

Charles asks…

What will be the future of Dubai?

I have lived here 15yrs and today I’m planning to move back to my country. Dubai is a city that has a prejudiced and insecure local population. They charge for everything and high prices for everything. Real estate balloon , was fake and so was stock market. People lost entire life savings but the locals earned. The rents increase everywhere and less control by authorities except just policies and no one follows them

Its the highest racist country, you are classified on the basis of Nationality, Language, Education, Age, and lot more.

The locals here find themselves highly superior, you cannot argue with them even if they are wrong. The banks are very easy to take a loan but they ride on a tool called Guarantee cheque which they arm twist people to pay up money and are assisted by the Police in this. The banks lend at times at 48% p.a on credit cards, No control each bank decides its own course. They give credit cards to a person of 1000$ salary worth $15000.

It is not recommended city to live your dreams as its that star that has lost its shine. If you spend a couple of years in any other country the least they do is recognize you and give you residence/citizenship but here you are a visa stocker entire life
Dubai u ruined ppl career
God bless all of us

Justin answers:

Lollzzzzz :)))
@H… Really, I like your certified answers and as well your questions… because reading is my hobby.
Anyway, keep on your first-rate

Parenthetically, we all missed you when you were in America :O

Daniel asks…

How do I talk to my dad when he is crazy/irrational and can’t calm down?

I have a real problem at home. My dad has been losing lots of money from the stock market and he has been projecting his problems onto me. I really don’t know how to talk to him to calm him down or anything. Today he complained about losing $5,000 and lamented over the fact that he could have made a better decision, only that he missed his chance. After I deposited my summer tuition for community college, I noticed that he was very restless. He has a history of losing his temper when he gets deep into money problems. This played out when we came home after shopping for some groceries. We were leaving the car and he asked me to pick up some bags, I said yes and then I suggested that my brother, who is severely autistic, might help out. He snapped and started yelling at me. He said “Fine. You don’t want to carry the groceries. Get OUT!” Once he picked up the bags, he slammed the trunk like he was about to kill somebody. Soon afterwards he walked up to the front door of the house and said “OPEN THE GODAMNN DOOR!” and proceeded to punch the door several times. I knew that he was completely insane with fury at that moment so I ignored him and walked up to my room.

I really don’t know what to do in this situation. He demands me to apologize to him but he was clearly in the wrong here. I did nothing wrong. What am I supposed to do? I am living with him this entire summer and I feel so miserable being around him. He always complains about his money problems and it’s getting to the point where it’s overkill and I don’t want to listen anymore.
I got a job last year as a tutor. I’ve given him half of my paycheck including some scholarship money that I earned. He hasn’t received any money from me these past 7 months. This summer I’m going to school to finish my general education so that I can get my degree faster.

Justin answers:

Could you suggest helping him or ways to help him? Could you offer support to him and work out where he can go for help? It’s hard but I don’t know what you can do.

George asks…

Is Anyone Aware of These Fallacies by Obama, about McCain ?

( In all FAIRNESS – The Information Here is From – which Also has McCain’s “False” Attacks on Obama – LOL )

Enjoy 🙂

1. Obama continues trying to pull seniors into his camp by making deceptive claims about what McCain would do to Social Security, and he has new distortions about his opponent’s plans for Medicare.

2. False depictions of McCain’s position on stem cell research

Celling McCain Short

Any ad that features the mom of a sick child is sure to pull a few heartstrings. But this radio spot is flat wrong when it says that “John McCain has stood in the way – he’s opposed stem cell research.” Technically, the carefully-worded phrase is correct: McCain has opposed embryonic stem cell research. But not since 2001, when he became convinced, he says, that the potential good it could do outweighed other considerations.

And although his vice presidential candidate feels otherwise, and the Republican Party platform doesn’t support his views either, McCain still opposes the Bush administration’s restrictions on stem-cell research. Our conclusion: The Obama-Biden ad seriously misstates McCain’s position.

3. Obama: Senior Scare

In two TV ads and in speeches, Team Obama made false claims aimed at frightening seniors into fleeing from McCain’s camp, to wit: McCain proposes to cut $882 billion out of Medicare benefits and eligibility to help pay for his health care plan. This turkey draws in part from a newspaper story saying McCain would pay for the health plan with “major reductions to Medicare and Medicaid.” The story said nothing about cutting benefits or eligibility, though, nor does it say the McCain camp has given a target number. One ad says benefits would be cut 22 percent, and there would be “higher premiums and co-pays.”

These claims have a de minimis relationship with reality, if that. The Obama camp borrowed calculations from a Democratic think tank that had piled detailed assumptions and calculations on top of a flat misrepresentation of what McCain’s economic adviser had said in the newspaper article. He was quoted as saying Medicare benefits would not be reduced, and reductions would come through “efficiencies.”

4. McCain will cut your Social Security.

Democrats aren’t without a classic theme of their own: “Republican Y wants to cut Social Security benefits for our seniors.” John Kerry used something like that against George W. Bush in 2004. It wasn’t true then and it hasn’t gotten any more true in the past four years. But that hasn’t stopped Obama from claiming that McCain wants to cut benefits in half.

McCain did support Bush’s Social Security plan. But that plan would not have cut benefits at all. Everybody who gets a check now, or who is nearing retirement, would have remained in the current system. For younger workers who retire in the future, Bush proposed to slow the rate at which benefits grow – keeping pace with the rise of prices but not with the faster rise in wages, as is now the case. Compared with what today‘s retirees get, that’s a smaller increase, not a reduction.

Obama also claimed that if McCain had his way, “millions” who rely on Social Security would have seen their investments disappearing in the recent stock market turmoil. He referred to “elderly women” at risk of poverty and said families would be scrambling to support “grandmothers and grandfathers.” Balderdash. The Bush plan, which McCain embraced, would not have allowed anybody born before 1950 to have private accounts, so nobody retired on Social Security today could possibly be relying on private accounts for even a small portion of his or her benefit check. For younger workers, the accounts would have been voluntary anyway.

5. Obama’s Energy Errors

Obama has committed his share of energy-related misleads, too. In July, we caught him saying that his plan will “fast track alternatives” to imported oil. In reality, Obama’s offers a 10-year research and development fund, which doesn’t sound all that “fast” to us. Obama also claimed that if Americans properly inflated their tires, we could save as much oil as offshore drilling would produce. That’s true in the very short term, but not over the long haul. And Obama, too, has distorted McCain’s energy claims. He accused McCain of receiving $2 million from the oil and gas industry; that figure was $700,000 too high at the time. And Obama continues to claim that McCain will give $4 billion in tax breaks to oil companies. But these tax cuts are the result of an across-the-board decrease in corporate tax rates, which would also benefit companies that provide alternative energy

6. McCain wants to stay in Iraq for 100 years.

We first caught the DNC distorting McCain’s remarks all the way back in February. But that didn’t stop the DNC or the Obama campaign from continuing to say that McCain wanted to keep troops in Iraq for 100 years. In fact, McCain is referring to a peacetime presence in Iraq, as the full
( In all FAIRNESS – The Information Here is From – which Also has McCain’s “False” Attacks on Obama – LOL )
Uh Yeah…

I said that at the Beginning ( see Above )

I am For McCain.

…and you are WRONG in your LINGUISTICS —

What I have Posted is NOT Defined as a Phallacy —

It is a ONE-SIDED Representation.

Oblama has Enought Money to Post His Own “McCain Fallacies” LOL
“Replublican Patriot” —

Is Exactly Correct !!

This is POLITICS and All of the LIES & PROPAGANDA that Goes With It !!

But, I am NOT going to Post McCain’s Fallacies —

I have given you the SITE to go to —

One of You Liberals can Campaign for Obama —

I ain’t gonna do it LOL
Look – I’m giving Everyone Thumbs-Up

…and You Get Your 2 Pts.

So, don’t Um… Yeah…. Be a Reactionary, please
Reminder —

When Has POLITICS Ever Been “FAIR” ??
How’s it feel to be a person of HATRED ?

Justin answers:

Both candidates are going to try and twist each others words around and accuse them of false things. It’s up to the voters to do their research and figure out what the truth is.

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