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Guess that part about the economy went right over your head.

Posted By: As for Joe the plumber and O's camp...sm on 2008-10-17
In Reply to: Truly doesn't matter where she appears or what she does...sm - sm

They are losing sleep over the economy and working hard for the next 17 days to get out the vote. I hardly think a republican plant that turned out to be a fraud has ANYBODY running scared, except maybe the ones who created him and planted him there. At least Obama gave an honest response to a dishonest person and HIS camp does not have to resort to such pathetic gimmicks in some lame attempt to shore up their tanking numbers.


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What part of pumping money into the economy
Direct infusion. The sooner, the better. That's the easy part. The hard part is the jobs creation. without that, no amount of spending or tax cuts is going to help. The free trade boondoggle is so much more of this picture than most folks realize and that solution is even more elusive.
Head....guess that's an inside joke for conservatives.
Of course I don't see any point you've made here.

Guess you're saving that up for later?
Guess you missed the part about
Afganistan is where it's at. Obama gets that. He also gets Islamic parties, politics, principles and culture and knows precisely how to use that knowledge to get the Moslem world to isolate their own fringe elements. Bush and McCain know how to promote policies that anger and empower terrorists to declare WWIII and turn the whole world up-side-down.
I guess you missed the part in his . . .

speech where he proudly mentioned that HE is a CHRISTIAN!!!  Seriously, does that really sound like downplaying religion?  GET REAL.


I guess I missed the part where she was...
conspiring to rid the world of gays. I read that she simply wished her daughter to not be exposed. Unfortunately, I agree with you that she is probably fighting a losing battle, but why is everyone so hard on her trying to keep that kind of thing away from her daughter? If she feels that strongly about it, then I would think that it is not only best for her to shield her child from such things, but her duty to keep her child from things that she views as harmful. Everyone has the right to protect his/her children from outside influence that he/she believes could be detrimental.
Guess you didn't read this part . . .
From Wall Street Journal and other sites:

"At 8:30 this morning, Senator Obama called Senator McCain to ask him if he would join in issuing a joint statement outlining their shared principles and conditions for the Treasury proposal and urging Congress and the White House to act in a bipartisan manner to pass such a proposal," Mr. Burton said in an email to reporters. "At 2:30 this afternoon, Senator McCain returned Senator Obama's call and agreed to join him in issuing such a statement. The two campaigns are currently working together on the details."

McCain released statement minutes after responding to Obama.
I guess you missed the part where he said one thing....
and voted another way. The teachers union in Chicago is responsible for the short days and skyrocketing salaries, but it is not translated in better educated kids. Did you not see the testing scores, the graduation rates, etc.? Of course not. When it got to the parts about Obama looking bad, skimmed right over that "substance." LOL. Sigh.
only part saved was the ignorant part
You can read the whole article.  This quote was saved to show what she said that was so stupid.
Good don't guess. It's my guess though.nm
x
Head. nm

Here's another one regarding the economy.

And you're right.  Some people do. 










The Joyless Economy
by Paul Krugman
The New York Times
December 5, 2005


Falling gasoline prices have led to some improvement in consumer confidence over the past few weeks. But the public remains deeply unhappy about the state of the economy. According to the latest Gallup poll, 63 percent of Americans rate the economy as only fair or poor, and by 58 to 36 percent people say economic conditions are getting worse, not better.

Yet by some measures, the economy is doing reasonably well. In particular, gross domestic product is rising at a pretty fast clip. So why aren't people pleased with the economy's performance?

Like everything these days, this is a political as well as factual question. The Bush administration seems genuinely puzzled that it isn't getting more credit for what it thinks is a booming economy. So let me be helpful here and explain what's going on.

I could point out that the economic numbers, especially the job numbers, aren't as good as the Bush people imagine. President Bush made an appearance in the Rose Garden to hail the latest jobs report, yet a gain of 215,000 jobs would have been considered nothing special - in fact, a bit subpar - during the Clinton years. And because the average workweek shrank a bit, the total number of hours worked actually fell last month.

But the main explanation for economic discontent is that it's hard to convince people that the economy is booming when they themselves have yet to see any benefits from the supposed boom. Over the last few years G.D.P. growth has been reasonably good, and corporate profits have soared. But that growth has failed to trickle down to most Americans.

Back in August the Census bureau released family income data for 2004. The report, which was overshadowed by Hurricane Katrina, showed a remarkable disconnect between overall economic growth and the economic fortunes of most American families.

It should have been a good year for American families: the economy grew 4.2 percent, its best performance since 1999. Yet most families actually lost economic ground. Real median household income - the income of households in the middle of the income distribution, adjusted for inflation - fell for the fifth year in a row. And one key source of economic insecurity got worse, as the number of Americans without health insurance continued to rise.

We don't have comparable data for 2005 yet, but it's pretty clear that the results will be similar. G.D.P. growth has remained solid, but most families are probably losing ground as their earnings fail to keep up with inflation.

Behind the disconnect between economic growth and family incomes lies the extremely lopsided nature of the economic recovery that officially began in late 2001. The growth in corporate profits has, as I said, been spectacular. Even after adjusting for inflation, profits have risen more than 50 percent since the last quarter of 2001. But real wage and salary income is up less than 7 percent.

There are some wealthy Americans who derive a large share of their income from dividends and capital gains on stocks, and therefore benefit more or less directly from soaring profits. But these people constitute a small minority. For everyone else the sluggish growth in wages is the real story. And much of the wage and salary growth that did take place happened at the high end, in the form of rising payments to executives and other elite employees. Average hourly earnings of nonsupervisory workers, adjusted for inflation, are lower now than when the recovery began.

So there you have it. Americans don't feel good about the economy because it hasn't been good for them. Never mind the G.D.P. numbers: most people are falling behind.

It's much harder to explain why. The disconnect between G.D.P. growth and the economic fortunes of most American families can't be dismissed as a normal occurrence. Wages and median family income often lag behind profits in the early stages of an economic expansion, but not this far behind, and not for so long. Nor, I should say, is there any easy way to place more than a small fraction of the blame on Bush administration policies. At this point the joylessness of the economic expansion for most Americans is a mystery.

What's clear, however, is that advisers who believe that Mr. Bush can repair his political standing by making speeches telling the public how well the economy is doing have misunderstood the situation. The problem isn't that people don't understand how good things are. It's that they know, from personal experience, that things really aren't that good.


You are in way over your head.
extremely complex. It changes voice and tense constantly, even in the middle of a single passage. It is also replete with metaphor. You, my dear, would not know a metaphor if it walked up with a sign across its chest and kicked you in the face.

If you go looking for hate, you will find it. But it is a sad commentary on this election and on your flavor of Christianity when you try to turn a Holy Book into a hate machine for political gain.

I have spent decades in the midst of Moslems and their culture. I can say categorically, you are full of all sorts of baloney and do not know what you are talking about. You are a pitiable anachronistic narrow-minded bigot. By the way, the last time I checked, Christians are way not above killing the infidel (and I am NOT speaking metaphorically here). Can you say Crusades? Get off your high horse and get with the program. Your hate speech will doom you candidate to defeat.
The economy. It's not going anywhere
counting.
Right on, you hit that one on the head!!

She is such a media "prostitute".  Why no one can see through her transparent self-promotion antics is beyond me, but if the pubs are looking to her for leadership, boy are they in major trouble!  



Ah, come on Mrs. M..........use your head
use it as a noun.........you know, as in the unteachable ignorant.
Economy going down is right.
work for, the largest transcription company in the US, is now paying us for ASR, 60% and others will get straight 4 cents a line. 
Actually, no, not the economy....(sm)
I was actually referring to Pelosi and her power grab, cutting off all GOP opposition, behind closed doors, that no one will ever hear about again, from the other day.

And did you catch Barney Frank today on the retroactive rules on the TARP?


http://www.newsmax.com/politics/tarp/2009/01/09/169663.html?utm_medium=RSS
What I am doing to help the economy

1.  I pray for this country and the president every day.


2.  I'm not constantly complaining about everything.


3.  I am not watching the DOW like it's American Idol.


4.  I’ve taken fiscal responsibility for me and my home.


5.  I give what I can to the food banks and my church etc. to help those who need help.


 


I did not vote for President Obama.  I do not think he is the messiah and I certainly will not blame him for the mess we are in right now simply because we all played a part.  No one forced anyone to take house loans that they could not pay, no one forces us to use our credit card and run up debts and live beyond our means, no one predicted that you would take a loan and then lose your job and be in foreclosure and no one regulated the banks like they should of.


 


Now that being said, in a crisis it is so easy to look for someone to blame, become angry, and forget who we are.  So my advice the next time you are at your kitchen table wondering how you are going to make ends meet, that you remember who you are, an American.  I would also advise getting some debt management help.


 


So please, instead of running around with your hands up in the air thinking the worst and claiming the sky is falling, try listening to the Star Spangled Banner or something that is positive.  I have found that this helps me a lot.


 


Now let us all take a good long look in the mirror, have a little faith in ourselves as a country and stop beating up on each other.  Have a good day everyone and God Bless America.


 


What I am doing to help the economy

1.  I pray for this country and the president every day.


2.  I'm not constantly complaining about everything.


3.  I am not watching the DOW like it's American Idol.


4.  I’ve taken fiscal responsibility for me and my home.


5.  I give what I can to the food banks and my church etc. to help those who need help.


 


I did not vote for President Obama.  I do not think he is the messiah and I certainly will not blame him for the mess we are in right now simply because we all played a part.  No one forced anyone to take house loans that they could not pay, no one forces us to use our credit card and run up debts and live beyond our means, no one predicted that you would take a loan and then lose your job and be in foreclosure and no one regulated the banks like they should of.


 


Now that being said, in a crisis it is so easy to look for someone to blame, become angry, and forget who we are.  So my advice the next time you are at your kitchen table wondering how you are going to make ends meet, that you remember who you are, an American.  I would also advise getting some debt management help.


 


So please, instead of running around with your hands up in the air thinking the worst and claiming the sky is falling, try listening to the Star Spangled Banner or something that is positive.  I have found that this helps me a lot.


 


Now let us all take a good long look in the mirror, have a little faith in ourselves as a country and stop beating up on each other.  Have a good day everyone and God Bless America.


 


Please take Economy 101
Your pathetic little woe-is-me mentality is the problem with the economy.

Wake up, eejit. The 'rich' people are the ones paying all the taxes. The runts at the bottom - you know - the ones so unintelligent or unmotivated to make it in the world - pay no taxes and suck all the money out of the country.

No country ever got anywhere by taking down the successful people and raising up the ingrates. In America, you can get rich if you want to. But you have to work for it. If you don't have the guts or the self-motivation, you get to live according to your own means.

Suck it up.
The Economy

The Economy - Not the President - is Tanking the Market


by:  Hale Stewart



One of the more ridiculous statements going around over the last few weeks is "this is an Obama bear market." This statement is, well, ill-informed at best and fraudulent at worst. Let's look at why.


First -- who is saying this? Such economic luminaries as John Hawkins at Right Wing News (who actually asked Is Obama Deliberately Tanking the Stock Market?), Powerline, Brit Hume along with a host of other right wing bloggers. What all of these people have in common is their incessant chearleading during the Bush years despite mounting evidence of an upcoming recession. There are the same people who argued that ... housing is a small part of the economy ... most people are paying their mortgages ... the US economy will decouple from the rest of the world .... it's the greatest story never told ..... you get the idea. Simply put, these are people who have distinguished themselves by being some of the best contrary indicators around.


Secondly, the SPYs -- the tracking ETF for the S&P 500 -- dropped from (roughly) 155 in the summer of 2007 to (roughly) 85 at the end of last year. Yet I don't remember any of them saying that was the Bush bear market -- even though that's a drop of roughly 43%. No -- it's the new President that's causing the problems. In addition, when Bush took office the SPYs dropped from roughly 130 at the begging of 2001 to 85 in the fourth quarter of 2002. Yet somehow I don't think any of them blamed Bush's policies for the drop. Then it was the "lasting effects of the Clinton recession" or something similar.


What all of these idiots are forgetting is the simple fact that the economy is the backdrop of the stock market. When the economy does well the stock market does well. When the economy doesn't do well, the stock market doesn't do well. And to that end, the economy isn't doing well right now. Let's look at some recent news events.


From the BEA:


Real gross domestic product -- the output of goods and services produced by labor and propertylocated in the United States -- decreased at an annual rate of 6.2 percent in the fourth quarter of 2008,(that is, from the third quarter to the fourth quarter), according to preliminary estimates released by theBureau of Economic Analysis. In the third quarter, real GDP decreased 0.5 percent.

From the BLS:



Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.



From the Federal Reserve:


Reports from the twelve Federal Reserve Districts suggest that national economic conditions deteriorated further during the reporting period of January through late February. Ten of the twelve reports indicated weaker conditions or declines in economic activity; the exceptions were Philadelphia and Chicago, which reported that their regional economies "remained weak." The deterioration was broad based, with only a few sectors such as basic food production and pharmaceuticals appearing to be exceptions. Looking ahead, contacts from various Districts rate the prospects for near-term improvement in economic conditions as poor, with a significant pickup not expected before late 2009 or early 2010.

Consumer spending remained sluggish on net, although many Districts noted some improvement in January and February compared with a dismal holiday spending season. Travel and tourist activity fell noticeably in key destinations, as did activity for a wide range of nonfinancial services, with substantial job cuts noted in many instances. Reports on manufacturing activity suggested steep declines in activity in some sectors and pronounced declines overall. Conditions weakened somewhat for agricultural producers and substantially for extractors of natural resources, with reduced global demand cited as an underlying determinant in both cases. Markets for residential real estate remained largely stagnant, with only minimal and scattered signs of stabilization emerging in some areas, while demand for commercial real estate weakened significantly. Reports from banks and other financial institutions indicated further drops in business loan demand, a slight deterioration in credit quality for businesses and households, and continued tight credit availability.




From the FDIC:





Expenses associated with rising loan losses and declining asset values overwhelmed revenues in the fourth quarter of 2008, producing a net loss of $26.2 billion at insured commercial banks and savings institutions. This is the first time since the fourth quarter of 1990 that the industry has posted an aggregate net loss for a quarter. The ?0.77 percent quarterly return on assets (ROA) is the worst since the ?1.10 percent in the second quarter of 1987. A year ago, the industry reported $575 million in profits and an ROA of 0.02 percent. High expenses for loan-loss provisions, sizable losses in trading accounts, and large writedowns of goodwill and other assets all contributed to the industry's net loss. A few very large losses were reported during the quarter-four institutions accounted for half of the total industry loss-but earnings problems were widespread. Almost one out of every three institutions (32 percent) reported a net loss in the fourth quarter. Only 36 percent of institutions reported year-over-year increases in quarterly earnings, and only 34 percent reported higher quarterly ROAs.


I could go on, but you you get the idea. The news of the underlying economy has been terrible (at best). And that's what's causing the problems.

 



Very little is over my head.
What's your point?
Does this all come out of your head or are you
just copying and pasting?
The economy had nothing to do with ........
his jumping to grow BIG and BIGGER government; he was going to do that regardless of the economy. Obama is for big government and was WAAAY before he was elected. The economy was a good excuse to scare people into electing him, as if this country couldn't pick itself up, get rid of the bad, new companies come in, and the economy would continue all on its own, WITHOUT Obama's interference. But, of course, he jumped at the chance to push his HUGE government agenda by taxing us to death. Please don't tell me you won't pay any taxes. How in the heck do you think trillions of dollars of debt will be repaid..... and no, it won't be those mean old "rich" people everyone loves to hate and it won't be the big businesses Obama wants you to hate, it will be YOU and me..... business will just pass their increased tax load onto us!! Way to go Obama!!
Wow - right over your head.
Some people will believe anything. That's my point.

It was a direct result of your remark, "...it is provocative and thought provoking and very interesting in all the "coincidences" that seem to be wrapped around these events and bears more than just a glancing interest by anyone who is concerned about the state of our country today."

What a dupe. (Is that word in your dictionary?) Do you believe in Bigfoot, and UFOs, and BlackOps Helicopters, and people stealing kidneys in the middle of the night too? 'Cause, all those rubes use the phrase "the truth is out there" too. Gee, ya think that's why The X-Files used that as its cathphrase?

And, nice try to psychoanalyze me but I'm afraid your 'nanny-nanny-boo-boo' comments make you look like a total tard.

Let me guess - you were the fat, ugly girl who sat alone in the sandbox at recess. Maybe that's why you're so stuck on the bully/bullied thing. Oh, wait, I think I know. You were neither a bully NOR bullied. You were just ignored. And now you have emotional scars.

Awe - almost makes me feel sorry for you.

FOYUSOS.
You said it...Shaking my head...nm
x
Not over the top & hit the nail on the head sm
with this paragraph.

Miss Coulter doesn't criticize Mrs. Beamer, of course, because Miss Coulter doesn't genuinely object to 9/11 widows being messengers; she selectively objects to their messages. If the women in New Jersey she so charmingly calls witches had expressed political opinions in lock-step conformance to the television-friendly slogans of Sean Hannity, Miss Coulter would have been applauding them. Instead, Miss Coulter is trying to silence them. Why? Because extreme right wing politics has always been about silencing inconvenient dissent. I'm a godly Republican -- trust me on this.



You hit the nail on the head!

I think some (definitely not all or a majority) of Americans just don't want to face the fact that the enemy we face is not from within.  Again, I'm not saying our government is perfect or without elements of corruption, but what I am saying is that we are comfortable in our *Lexus boxes* and mocha latte lifestyles.  Many people, especially the generation now in their early to mid twenties, have absolutely no idea about the extreme sacrifice of our ancestors made to make this country what it is.  I believe our country is at a tipping point.  I think people prefer oblivion and denial and just hoping that we can all just get along.  We really delude ourselves about all the violence and crime going on in our cities as being from people who are victims of this and that.  They think more understanding will rehabilitate people who yes, may have a had a hard life, but that should not excuse them of criminal behavior.


People just don't want to believe evil is a real thing.  It's not just the result of misunderstanding or a challenging childhood it's an actual force in the universe.  I'm trying not to get religious here, but if you don't have a good grasp on the actual existence of good and evil and the origin of them there's no way you're going to ever believe that what is happening in the world is bigger than all of us.


But your head is in the sand. SM
I don't equate the Crusades with bashing Catholics.  What an idea!  Wow...news to me.  So all those threats you mention, how many of them flew planes into our buildings and abducted and beheaded our people?  Really, your blase attitude is frightening.  I just don't get it.
Head in sand-sm

9/11 and Iraq - not related.  And that comes from our own government's report.


Head in sand?  Your belief appears to be that by invading one country in an entire region of Islamic culture that we can make the bad guys go away.  This isn't the American West in the 1860s.  We can't wipe out all the Injuns and take over their land.  The Middle Eastern culture does not like the U.S. politics, does not like our culture and generally doesn't want to embrace our form of government or religion so this experiment in killing all the bad guys in Iraq to secure the rest of the world from the terrorists was ridiculous from the start. 


Then...if you keep your head in the sand long enough you can keep repeating over and over that the war is well-conceived and well-carried out and is going well...er, at least will start going well ANY MINUTE. 


Maybe love won't cure terrorism against the U.S. but killing our soldiers in Iraq as well as a million Iraqi civilians isn't going to either.


Head in sand
I just don't understand why some Americans refuse to understand that Tex Bush is the most incompetant president in our history! Yet, some continue to try to talk themselves into believing he is doing whats best for America. You can say it as many ways as you choose, but, the fact is, the Iraq war was not necessary and has turned into one of our greatest collosal failures. It's simply too hard for some Americans to accept that over 3000 American soldiers have been killed for absolutely no reason. What about the many thousand innocent Iraqi men, women, and children who have died at the hands of Bush's war? Are they any less innocent than the victims of 9-11? Who are the terrorist in their eyes? Bush did not invade Iraq to fight terrorism and to bring the 9-11 culprits to trial. Had he done that, instead of engaging in this miserable war, his place in history might have been a little brighter. Instead, he is, and will, be considered one of the worst presidents in our history. For some Bush supporters, its simply too difficult to see or understand why.
You hit the nail on the head...YES!
Your last sentence...sums up the liberal socialist agenda! "Give all your money to us and we will take care of you (to keep you enslaved to us of course) because we know you cannot take care of yourselves and we can do it SO much better."

I do not mind helping out those who truly cannot help themselves. But a family of 4 (2 adults 2 kids) can afford to insure their children. They DO NOT need a program to help them do that....IMHO.
who do the voices in your head tell you I am?

Why does it make you feel better to keep telling yourself everyone on this board is pretty much all the same person?  Email me as well as the other folks on the board who you also think are me.  The truth will emerge if you care to discover it.


Yep...think ya hit the nail on the head....
he let them take over his convention and remain the big dogs, so they would not deep six his presidential run, and don't think for a minute they couldn't have.

Still, if I were Obama, I would seriously watch my back. He** hath no fury like a woman scorned. Especially that woman. She and Bill both ascribe to the don't get mad get even club. This has been SUCH an interesting week.
You hit the nail on the head. (nm)
nm
Head up. This just in. Sally is not the only
I posted this piece and I ain't Sal.
IGNORANT? I think this is over your head

Christianity is ONE faith.  In the world, of course, there are many others besides Christians that believe in God.  Are you following me? 


Christians are not the center of the world, if that is what you are implying...


BUT, the founding fathers were Christian.  That is all I am saying.


 


 


And the economy isn't already gasping its

How's that for a kick in the head?

Clinton left office with a 1/2 billion surplus....Reps come in and squander it, plus rape America's wealth.... What a bunch of thieves!  Now, the American people can pay for their thievery.  Forget about those hopes and dreams, people...they are GONE!!!


So is theft of the economy! nm
xx
why can't the economy be first and we have the debate...
after it is fixed. Why does the debate HAVE to be on Friday?
I have learned so much about the economy over...sm
the last week but it has only made me see how much more I don't know.  Pretty scary!  We are all at the mercy of those in Washington and on Wall Street.  Plenty of blame to go around but blame will not get us out of this mess.
No sam, I'm not calling for anyone's head
this.  Why are you making it so dem/pub?
And the first one to head home should be

You hit the nail on the head!
.
The candidate who ran from the economy...
Obama voted for the bailout and that is ALL he did. That is not running from it? He still wants to spend trillions, won't say he is willing to cut spending, and wants to RAISE taxes in an economic downturn. You can't turn around the markets by raising taxes on corporations and the so-called "rich." Common sense should tell you that.

McCain has run from nothing. All Obama does is repeat the same old vagaries and NEVER gets specific about anything, but why should he? You obviously don't care. lol.
The OP is talking about the economy. nm
z
Not as compelling as the economy.
x
In a McCain economy, you will be
su
boy, did you hit the nail on the head s/m

They just refuse to admit it.


Pitiful.


Do you even bother to get your head out of your
--