More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

  1. You have chosen to ignore posts from giraffe-77. Show giraffe-77's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : " They started this train wreck with unsubstantiated wars " Psst....Bush didn't start the war in Afghanistan. That one was brought on by 9/11. Or do you feel that we deserved the 9/11 attack???
    Posted by dexter67[/QUOTE]

    Hey!  Our intelligence surveilence can read a postage stamp from outer space.  And BinLaden has been a known enemy for years before 9/11.  Do you really think they are so stupid they didn't know exactly where he was at all times?  Gee, maybe he was hiding under his bed.  Now we've created hundreds of more angry Islamics - for bombing out their grandparents, husbands, children in the invasion of Baghdad.
     
  2. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    Bush:
    Business and govt scandals, recession and the worst attack in our history
    =
    60+ months of consistent growth to our economy!!

    Obama:
    recession
    =
    ????? uh longer recession!
     
  3. You have chosen to ignore posts from movingtarget2. Show movingtarget2's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    5 years without a recession when the first 2 years and last year of your term were recessions isn't something to write momma about.
     
  4. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]5 years without a recession when the first 2 years and last year of your term were recessions isn't something to write momma about.
    Posted by movingtarget2[/QUOTE]

    It wasn't "without a recession" It was 60 months of growth!! Many well above forecast! I bet there are alot of Americans that would like to see that again now!!

    This started with a recession, corporate scandals and consumer fears, bankruptcies of large corporations and the largest domestic attack in US history.

    He didn't blame it on "I inherited this" he fixed it!
     
  5. You have chosen to ignore posts from Ohhhhh-Bammy. Show Ohhhhh-Bammy's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    The official jobless rate stopped short of topping 10 percent only because the Labor Department doesn't count people who have given up looking for work or settled for part-time jobs.

    If the above were counted (and I'm not sure why they shouldn't be) would our jobless rate really top 16%.
     
  6. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : Hey!  Our intelligence surveilence can read a postage stamp from outer space.  And BinLaden has been a known enemy for years before 9/11.  Do you really think they are so stupid they didn't know exactly where he was at all times?  Gee, maybe he was hiding under his bed.  Now we've created hundreds of more angry Islamics - for bombing out their grandparents, husbands, children in the invasion of Baghdad.
    Posted by giraffe-77[/QUOTE]

    If that postage stamp is out in the open and they know where to look maybe. But, if it's travelling through under ground tunnels and living in caves NO.
     
  7. You have chosen to ignore posts from movingtarget2. Show movingtarget2's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : It wasn't "without a recession" It was 60 months of growth!! Posted by sk8ter2008[/QUOTE]

    Ugh.
     
  8. You have chosen to ignore posts from GreginMedford. Show GreginMedford's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : Not to be the grammar police here...but when you use as many pro-nouns as you did here...i have zero idea what you are talking about...could you please re-phrase?
    Posted by Jimmy42Jack0[/QUOTE]

    Uhm, "pro-nouns"?

    Is that a supporter of nouns?  If so, count me in.  Nouns are important
     
  9. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : Ugh.
    Posted by movingtarget2[/QUOTE]

    More spin and avoidance!

    ugh!
     
  10. You have chosen to ignore posts from movingtarget2. Show movingtarget2's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    Spin?  Avoidance? 

    "It wasn't 60 months without a recession, it was 60 months of growth".

    Well, duh, otherwise there'd have been a recession.
     
  11. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]Spin?  Avoidance?  "It wasn't 60 months without a recession, it was 60 months of growth". Well, duh, otherwise there'd have been a recession.
    Posted by movingtarget2[/QUOTE]

     A recession is defined as (3 or more consecutive months of negative growth)

    There were zero months that the economy did not grow for 60 consecutive months!!

    Got it.

    geez
     
  12. You have chosen to ignore posts from movingtarget2. Show movingtarget2's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! :  A recession is defined as (3 or more consecutive months of negative growth) There were zero months that the economy did not grow for 60 consecutive months!! Got it. geez
    Posted by sk8ter2008[/QUOTE]


    No its not.  But I can see the hair you're trying to split.  No zero growth quarters, which you are right about, not a recession, not growth.

    Got it.  Geezer.
     
  13. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : No its not.  But I can see the hair you're trying to split.  No zero growth quarters, which you are right about, not a recession, not growth. Got it.  Geezer.
    Posted by movingtarget2[/QUOTE]

    Bush inherited a faltering economy from Clinton, the economy having grown at a 1.1% annualized rate over the previous three quarters from March 31 of the first year of Bush presidency [64](see Early 2000s recession). Bush had his tax cut plan approved by Congress in June, proposed early as a response to the economic decline and, despite the aftermath of the September 11 attacks in 2001.

    Overall real GDP grew at an average annual rate of 2.5%. Between 2001 and 2005, GDP growth was clocked at 2.8%. The number of jobs created grew by 6.5% on average. The growth in average salaries was 1.2%. Growth in consumer spending was 72% faster than growth in income. Investment in residential real-estate soared, growing 26% faster than average.[10][63]

    March 2006 report by the United States Congress Joint Economic Committee showed that the U.S. economy outperformed its peer group of large developed economies from 2001 to 2005. (The other economies are Canada, the European Union, and Japan.) The U.S. led in real GDP growth, investment, industrial production, employment, labor productivity, and price stability through 2006.



    re·ces·sion 1  (rĭ-sěsh'ən)   
    n.  
    1. The act of withdrawing or going back.

    2. An extended decline in general business activity, typically 2 consecutive quarters of falling real gross national product.

     
  14. You have chosen to ignore posts from movingtarget2. Show movingtarget2's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    Thanks for correcting yourself.  Kudos.  Now can you pass that along to your compatriots who think a recession is whenever they don't win the lottery?
     
  15. You have chosen to ignore posts from giraffe-77. Show giraffe-77's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : If that postage stamp is out in the open and they know where to look maybe. But, if it's travelling through under ground tunnels and living in caves NO.
    Posted by sk8ter2008[/QUOTE]

    Exactly my point.  Our "on the ground" surveilance through the CIA and all that espionage should have had a clue as to where these "caves" were.  Bin Laden's parents were rubbing elbows with the Bush admin. on the day of 9/11.  What a coincidence.  Their son suddenly can't be found after his folks were returned peacefully to their home.  Maybe I'm wrong, but I think our U.S. surveillance is smarter than to let all these co-incedents to go undetected and unresolved.  My gut tells me that there is something more complicated going on.

    I'm sure you will say that it was the diplomatic thing to do and that Osama was their evil son, disowned, etc.  But the Christian thing to do is to allow the Prodigal Son to return.  I'm sure Bush tried to give them that Biblical lesson before escorting them out of the country.

    I don't think they are as naive and stupid as you think.
     
  16. You have chosen to ignore posts from spudtu. Show spudtu's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    And exactly what is Obama doing to make it worse?
     
  17. You have chosen to ignore posts from giraffe-77. Show giraffe-77's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]And exactly what is Obama doing to make it worse?
    Posted by spudtu[/QUOTE]

    He's following in the footsteps of GWB.  When Repubs had control of all 3 houses, Bush ignored every democrat he couldn't squish.  Obama is doing the same.  Bush began the huge "bail-outs" with Fanny Mae and Freddy Mac because the economy was tanking.  Obama continued Bush's momentum with bailouts of the banking and auto industries.

    And now Obama has the bawls to suggest that we can use some of our taxes catching up with the rest of the industrial world on health care and new technology.  He wants to take our hard earned taxes out of warfare and empirialism and use them for the benefit of the American people.  He must be a traitor to our cause.  The only thing America cares about is war and int'l profits.  He also has a slave wife who wears shorts on vacation and has touched the sacred queen of England.  Shame on us.

    If Barrack would have married Condoleeza, we would still be the happy warriors we have always been.  That's what he's doing wrong.
     
  18. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    He's trying to completely change a HC insurance system that 85% of Americans are happy with at a time when we are printing and borrowing money so fast that the dollar is on it's way to becoming a second rate currency.

    He's ignoring the commanders in Afganistan and appeasing the US agressors (Venezuela, Russia, PLO, Cuba etc) while turning his back on US supporters, (eastern block countries, Israel, etc) he's likely to start a trade war with China due to bowing to unions and putting tarriffs on some of their imports.

    He's trying to make the US more like France and less like the country some of us love and some of us take for granted.
     
  19. You have chosen to ignore posts from TheMovieFan. Show TheMovieFan's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    Your post about the Dow hitting 10,000.

     
  20. You have chosen to ignore posts from sk8ter2008. Show sk8ter2008's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]Your post about the Dow hitting 10,000.
    Posted by TheMovieFan[/QUOTE]

    I was thinking, if dems would be honest and open about what they are putting in the so called heathcare bill and the actual cost and be transparent and open to public review instead of backroom deals (like they promised) then maybe Americans would stop calling them out on their hypocricies.

    60% do not approve of the bill my friend! But, they are trying to push it through anyway. Is that ok with you since they are dems? No one knows what's going to come out once they combine the house and committee bills.
     
  21. You have chosen to ignore posts from TomSinMA. Show TomSinMA's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]http://www.bloomberg.com/apps/news?pid=20601087&sid=aXZinRhF5tlA Banks With 20% Unpaid Loans at 18-Year High Amid Recovery Doubt Oct. 2 (Bloomberg) -- The number of U.S. lenders that can’t collect on at least 20 percent of their loans hit an 18-year high as more bank failures and losses could slow an economic recovery. http://money.cnn.com/2009/10/02/news/economy/jobs_september/index.htm?postversion=2009100208 Bad news: Jobs market getting worse More jobs were lost in September than expected and unemployment rate hits 26-year high of 9.8% NEW YORK (CNNMoney.com) -- Employers cut more jobs from their payrolls in September, as the long-battered U.S. labor market took an unexpected turn for the worse, according to a government report Friday. The Labor Department said there was a net loss of 263,000 jobs in the month, up from a revised loss of 201,000 jobs in August. Economists surveyed by Briefing.com had forecast losses would fall to 175,000 jobs. The unemployment rate rose to 9.8% in September from 9.7% in August. That was in line with economists' forecasts, but the unemployment rate is now the highest since June 1983. The average work week also fell to a record low of 33 hours, down from 33.1 hours in August
    Posted by sk8ter2008[/QUOTE]

    All of this shows just how devestating the bush/GOP recession was and remains. Our financial system and economy were near total collapse and the bleeding has been stopped.

    Now it remains to be seen how long it will take to recover. Some experts think we may NEVER recover to the point we were at during out last truly prosperous times. Such is the extent of the damage done!
     
  22. You have chosen to ignore posts from jmfpatpatriot7575. Show jmfpatpatriot7575's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    [QUOTE]In Response to More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!! : All of this shows just how devestating the bush/GOP recession was and remains. Our financial system and economy were near total collapse and the bleeding has been stopped. Now it remains to be seen how long it will take to recover. Some experts think we may NEVER recover to the point we were at during out last truly prosperous times. Such is the extent of the damage done!
    Posted by TominNH1[/QUOTE]


    Ok,
    Do you know how long the DEM's had control of the Senate and the House during GWB's last term?
    2 1/2 years....
    That almost makes him a lame duck, so your DEM's had control over this Government, while GWB is the scapegoat. Read the U.S. Consitution word by word. See how much power the Pres. actually has!That is why we have a House and a Senate! Do I like GWB? NO, but he is not the reason why this country got pounded into the groud, it was democratic/libtard control..  Liberal-somewhere that word got its roots from liberty??Right... What liberties do they stand for? Taxes? Bigger government? Taking from the provider and giving to the non-providing thru taxes. These are the questions I kept asking myself so much, I moved from my home state of Mass. and now live in GA. Yes I know I walked into a shooting range with my comment because this is a liberal board.
    Oh, for you extreme left wing Nancy Pelosi types just because I disagree with Obama doesn't make me a racist, brownshirt, mob member, terrorist or any other name that came flying out of Mrs. Botox's(Pelosi) mouth.  You will see GOP control again during the next elections (house&senate). Until then have fun with enjoying having Government trying to run every action you get involved with.
    because Bigger Government is better right???Wink

     
  23. You have chosen to ignore posts from movingtarget2. Show movingtarget2's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    That's what republicans believe.
     
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  25. You have chosen to ignore posts from Heathazrealm. Show Heathazrealm's posts

    Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!

    In Response to Re: More Bank failures coming, 9.8% unemployment and rising! I thought Obama was fixing the economy, he's making it worse!!:
    Liberals hate facts: Fact:  Bush inherited a recession and Clinton's failure to deal with terrorism.  It led to 9/11 and the corresponding economic impact.  Despite that, he cut taxes, had job growth, low interest rates, low inflation, and economic prosperity until mid 2007.  Not coincidentally, Dems took control of the legislature in Jan 2007 and six months later, the economy headed south. Fact:  Barney, who is only revered by Mass liberals, and mocked by the rest of the country, resisted Bush and Republican efforts to rein in Fannie/Freddie.  The Democratic controlled Congress blocked them at every turn.  This is the Democrats recession, not Bush's.  Only the consistent lies of the left leaning media have perpetuated that myth. Fact: Obama has tripled the deficit in one year. Fact:  Obama demanded the stimulus bill be signed without adequate review.  This violated one of his campaign promises.  He said if passed, unemployment would not go above 8%.  He either knowingly lied, or was wrong.  Either way, he failed. Obama is everthing conservatives warned he was: a radical masquerading as a moderate, an appeaser, a typical Chicago corrupt, lying thug. 
    Posted by Encinitas


    The liberals cringe at the unknown....FACTS
    When I watch the news and I see a report regarding Health Care sketchiness,bowing to Kings or princes,Winston Churchill bust returned to England,selling out allies for a deal with the devil,Van Jones,ACORN,transparency,Russia denying sanctions on Iran I feel like Ashton Kutchner is gonna come out of no where cause I've got to be on PUNK'D.
    How can his base not see through his horsesheet


     

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