[Mark Holmes]

John, how is this quote by Michelle Obama something that would reflect negatively on Obama:

“Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed”.

It’s very similar to this passage:

“If I read the temper of our people correctly, we now realize as we have never realized before our interdependence on each other; that we can not merely take but we must give as well; that if we are to go forward, we must move as a trained and loyal army willing to sacrifice for the good of a common discipline, because without such discipline no progress is made, no leadership becomes effective. We are, I know, ready and willing to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good. This I propose to offer, pledging that the larger purposes will bind upon us all as a sacred obligation with a unity of duty hitherto evoked only in time of armed strife.”

That’s from Franklin D. Roosevelt’s 1st Inaugural Address, his famous “the only thing we have to fear is fear itself” speech.

I would argue that speech is much more laden with overt and symbolic religious references.

[Mark Holmes]

John, how is this quote by Michelle Obama something that would reflect negatively on Obama:

“Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed”.

It’s very similar to this passage:

“If I read the temper of our people correctly, we now realize as we have never realized before our interdependence on each other; that we can not merely take but we must give as well; that if we are to go forward, we must move as a trained and loyal army willing to sacrifice for the good of a common discipline, because without such discipline no progress is made, no leadership becomes effective. We are, I know, ready and willing to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good. This I propose to offer, pledging that the larger purposes will bind upon us all as a sacred obligation with a unity of duty hitherto evoked only in time of armed strife.”

That’s from Franklin D. Roosevelt’s 1st Inaugural Address, his famous “the only thing we have to fear is fear itself” speech.

I would argue that speech is much more laden with overt and symbolic religious references.

[Mark Holmes]

John, how is this quote by Michelle Obama something that would reflect negatively on Obama:

“Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed”.

It’s very similar to this passage:

“If I read the temper of our people correctly, we now realize as we have never realized before our interdependence on each other; that we can not merely take but we must give as well; that if we are to go forward, we must move as a trained and loyal army willing to sacrifice for the good of a common discipline, because without such discipline no progress is made, no leadership becomes effective. We are, I know, ready and willing to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good. This I propose to offer, pledging that the larger purposes will bind upon us all as a sacred obligation with a unity of duty hitherto evoked only in time of armed strife.”

That’s from Franklin D. Roosevelt’s 1st Inaugural Address, his famous “the only thing we have to fear is fear itself” speech.

I would argue that speech is much more laden with overt and symbolic religious references.

[Mark Holmes]

John, how is this quote by Michelle Obama something that would reflect negatively on Obama:

“Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed”.

It’s very similar to this passage:

“If I read the temper of our people correctly, we now realize as we have never realized before our interdependence on each other; that we can not merely take but we must give as well; that if we are to go forward, we must move as a trained and loyal army willing to sacrifice for the good of a common discipline, because without such discipline no progress is made, no leadership becomes effective. We are, I know, ready and willing to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good. This I propose to offer, pledging that the larger purposes will bind upon us all as a sacred obligation with a unity of duty hitherto evoked only in time of armed strife.”

That’s from Franklin D. Roosevelt’s 1st Inaugural Address, his famous “the only thing we have to fear is fear itself” speech.

I would argue that speech is much more laden with overt and symbolic religious references.

[Mark Holmes]

John, how is this quote by Michelle Obama something that would reflect negatively on Obama:

“Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed”.

It’s very similar to this passage:

“If I read the temper of our people correctly, we now realize as we have never realized before our interdependence on each other; that we can not merely take but we must give as well; that if we are to go forward, we must move as a trained and loyal army willing to sacrifice for the good of a common discipline, because without such discipline no progress is made, no leadership becomes effective. We are, I know, ready and willing to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good. This I propose to offer, pledging that the larger purposes will bind upon us all as a sacred obligation with a unity of duty hitherto evoked only in time of armed strife.”

That’s from Franklin D. Roosevelt’s 1st Inaugural Address, his famous “the only thing we have to fear is fear itself” speech.

I would argue that speech is much more laden with overt and symbolic religious references.

[Mark Holmes]

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. If that point is reached before 2 p.m., the market would shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops will take place if the plunge occurs after 2:30 p.m.

Based on Thursday’s Dow close of 8,579, the threshhold number to cause the market stop in one day would be 7,479.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

Source: http://www.kansascity.com/438/story/834323.html

[Mark Holmes]

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. If that point is reached before 2 p.m., the market would shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops will take place if the plunge occurs after 2:30 p.m.

Based on Thursday’s Dow close of 8,579, the threshhold number to cause the market stop in one day would be 7,479.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

Source: http://www.kansascity.com/438/story/834323.html

[Mark Holmes]

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. If that point is reached before 2 p.m., the market would shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops will take place if the plunge occurs after 2:30 p.m.

Based on Thursday’s Dow close of 8,579, the threshhold number to cause the market stop in one day would be 7,479.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

Source: http://www.kansascity.com/438/story/834323.html

[Mark Holmes]

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. If that point is reached before 2 p.m., the market would shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops will take place if the plunge occurs after 2:30 p.m.

Based on Thursday’s Dow close of 8,579, the threshhold number to cause the market stop in one day would be 7,479.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

Source: http://www.kansascity.com/438/story/834323.html

[Mark Holmes]

The Dow Jones industrial average would have to fall 1,100 points in a day to trigger the first halt. If that point is reached before 2 p.m., the market would shut down for an hour. If the threshold is breached between 2 p.m. and 2:30 p.m., the halt will last 30 minutes. No trading stops will take place if the plunge occurs after 2:30 p.m.

Based on Thursday’s Dow close of 8,579, the threshhold number to cause the market stop in one day would be 7,479.

If the index were to fall 2,200 points before 1 p.m., the market would close for two hours. If such a decline took place between 1 p.m. and 2 p.m., there would be a one-hour pause. The market would close for the day if stocks sank to that level after 2 p.m.

In the event of a 3,350-point decline, the market would close for the day, regardless of the time.

The thresholds are computed at the beginning of each quarter to establish a specific point value for the quarter. The 1,100-point drop represented a 10 percent decline at that time; the 2,200 level, a 20 percent drop and the 3,350 level is a 30 percent drop.

The rules would halt trading on the major securities and futures exchanges in a coordinated cross-market halt if the circuit breaker is enacted.

Source: http://www.kansascity.com/438/story/834323.html

[Mark Holmes]

Well, I wrote Feinstein, Boxer, and Susan Davis. Didn’t bother with Bush. Text of my email:

“No Bailout!

I can’t say it any plainer than that. My partner and I have watched with incredulity over the past 8 years as everyone and their brother have taken leave of their senses and overextended themselves with houses, credit cards and cars they really can’t afford.

We have one credit card, two 15-year old cars, and rent our house in a vastly inflated real estate market. We have had hundreds of offers of credit cards, mortgages and car loans pushed on us over the past eight years. We made the responsible decision to not take on too much debt.

So now, we’re supposed to help pay for a bailout of companies and individuals who made bad financial decisions.

I expect you, as our elected representative, to say no to any more of these bailouts.

Period.”

I honestly don’t think it will make a whit of difference, but I couldn’t just sit back and watch them without adding my shout to the chorus.

[Mark Holmes]

Well, I wrote Feinstein, Boxer, and Susan Davis. Didn’t bother with Bush. Text of my email:

“No Bailout!

I can’t say it any plainer than that. My partner and I have watched with incredulity over the past 8 years as everyone and their brother have taken leave of their senses and overextended themselves with houses, credit cards and cars they really can’t afford.

We have one credit card, two 15-year old cars, and rent our house in a vastly inflated real estate market. We have had hundreds of offers of credit cards, mortgages and car loans pushed on us over the past eight years. We made the responsible decision to not take on too much debt.

So now, we’re supposed to help pay for a bailout of companies and individuals who made bad financial decisions.

I expect you, as our elected representative, to say no to any more of these bailouts.

Period.”

I honestly don’t think it will make a whit of difference, but I couldn’t just sit back and watch them without adding my shout to the chorus.

[Mark Holmes]

Well, I wrote Feinstein, Boxer, and Susan Davis. Didn’t bother with Bush. Text of my email:

“No Bailout!

I can’t say it any plainer than that. My partner and I have watched with incredulity over the past 8 years as everyone and their brother have taken leave of their senses and overextended themselves with houses, credit cards and cars they really can’t afford.

We have one credit card, two 15-year old cars, and rent our house in a vastly inflated real estate market. We have had hundreds of offers of credit cards, mortgages and car loans pushed on us over the past eight years. We made the responsible decision to not take on too much debt.

So now, we’re supposed to help pay for a bailout of companies and individuals who made bad financial decisions.

I expect you, as our elected representative, to say no to any more of these bailouts.

Period.”

I honestly don’t think it will make a whit of difference, but I couldn’t just sit back and watch them without adding my shout to the chorus.

[Mark Holmes]

Well, I wrote Feinstein, Boxer, and Susan Davis. Didn’t bother with Bush. Text of my email:

“No Bailout!

I can’t say it any plainer than that. My partner and I have watched with incredulity over the past 8 years as everyone and their brother have taken leave of their senses and overextended themselves with houses, credit cards and cars they really can’t afford.

We have one credit card, two 15-year old cars, and rent our house in a vastly inflated real estate market. We have had hundreds of offers of credit cards, mortgages and car loans pushed on us over the past eight years. We made the responsible decision to not take on too much debt.

So now, we’re supposed to help pay for a bailout of companies and individuals who made bad financial decisions.

I expect you, as our elected representative, to say no to any more of these bailouts.

Period.”

I honestly don’t think it will make a whit of difference, but I couldn’t just sit back and watch them without adding my shout to the chorus.

[Mark Holmes]

Well, I wrote Feinstein, Boxer, and Susan Davis. Didn’t bother with Bush. Text of my email:

“No Bailout!

I can’t say it any plainer than that. My partner and I have watched with incredulity over the past 8 years as everyone and their brother have taken leave of their senses and overextended themselves with houses, credit cards and cars they really can’t afford.

We have one credit card, two 15-year old cars, and rent our house in a vastly inflated real estate market. We have had hundreds of offers of credit cards, mortgages and car loans pushed on us over the past eight years. We made the responsible decision to not take on too much debt.

So now, we’re supposed to help pay for a bailout of companies and individuals who made bad financial decisions.

I expect you, as our elected representative, to say no to any more of these bailouts.

Period.”

I honestly don’t think it will make a whit of difference, but I couldn’t just sit back and watch them without adding my shout to the chorus.

[Author]

Posts