Bush - March 9, 2009 - March 9, 2012 - Obama

According to the cracked logic of some, Democrats are communists, which is why they only decided to save capitalism when allegedly pro-business types said, "Let Detroit Go Bankrupt".

Yup, they got into the House in 2007, just about the precipice of the artificial Bush-bubble. And they responded to the crisis by saving capitalism while the current Speaker of the House cried on the floor like a baby.

Imagine that, communists saving capitalism while free-marketeers cry like sissies.

They had to save the auto companies to save the socialist/commie unions [UAW], If they went bankrupt bye, bye unions...:eusa_whistle:


Your avatar and signature are very telling. [duh]

And you wondered why I withheld an overly friendly welcome????
[lol, but you gave me a green dot and a big clapping hands]
:cuckoo:


We have the Republican version of Rtard, ladies and gentlemen!
[I don't belong to any party, but PLWL's are fun to bash]
:lol:

talk to da :eusa_hand:
 
According to the cracked logic of some, Democrats are communists, which is why they only decided to save capitalism when allegedly pro-business types said, "Let Detroit Go Bankrupt".

Yup, they got into the House in 2007, just about the precipice of the artificial Bush-bubble. And they responded to the crisis by saving capitalism while the current Speaker of the House cried on the floor like a baby.

Imagine that, communists saving capitalism while free-marketeers cry like sissies.

They had to save the auto companies to save the socialist/commie unions [UAW], If they went bankrupt bye, bye unions...:eusa_whistle:

"convoluted reasoning"

:cuckoo:
yep
 
They had to save the auto companies to save the socialist/commie unions [UAW], If they went bankrupt bye, bye unions...:eusa_whistle:


Your avatar and signature are very telling. [duh]

And you wondered why I withheld an overly friendly welcome????
[lol, but you gave me a green dot and a big clapping hands]
:cuckoo:


We have the Republican version of Rtard, ladies and gentlemen!
[I don't belong to any party, but PLWL's are fun to bash]
:lol:

talk to da :eusa_hand:

It's that whole 'benefit of the doubt' thing I try to grant humans.

Mistake noted.

:eusa_boohoo:
 
Bush - March 9, 2009 - March 9, 2012 - Obama


Obama comes into office in January 2009, with the economy tanking.

---

March 9, 2009: The Day Stocks Bottomed Out


Stock Market Closing Prices - 3/9/09

Dow Jones Industrial Average ( DJIA ) Close - 6547.05 Down 79.89
Nasdaq Stock Market Close - 1268.64 Down 25.21
S&P 500 Close - 676.52 Down 6.86

---

March 9, 2012 - 3 years later

the DOW closes above 12,000

:eusa_whistle:

We all know Obama and the left hates Wall Street, especially the folks making a profit. But now its election season and we need some "good numbers" to make Obama look good. No economic numbers like unemployment, debt, number of people on welfare, ect. help the dems, so now suddenly they love wall street.

You're not fooling anyone.
 
The Idiocy that calls itself 'theHawk'

Bush - March 9, 2009 - March 9, 2012 - Obama


Obama comes into office in January 2009, with the economy tanking.

---

March 9, 2009: The Day Stocks Bottomed Out


Stock Market Closing Prices - 3/9/09

Dow Jones Industrial Average ( DJIA ) Close - 6547.05 Down 79.89
Nasdaq Stock Market Close - 1268.64 Down 25.21
S&P 500 Close - 676.52 Down 6.86

---

March 9, 2012 - 3 years later

the DOW closes above 12,000

:eusa_whistle:

We all know Obama and the left hates Wall Street, especially the folks making a profit. But now its election season and we need some "good numbers" to make Obama look good. No economic numbers like unemployment, debt, number of people on welfare, ect. help the dems, so now suddenly they love wall street.

You're not fooling anyone.

:woohoo:

Top Contributors

:party:

Barack Obama has collected nearly twice as much money as John McCain
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
Monday, June 30, 2008

Wall Street is investing heavily in Barack Obama.

Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.

"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."


Barack Obama has collected nearly twice as much money as John McCain - New York Daily News

:laugh2:
 
The Idiocy that calls itself 'theHawk'

Bush - March 9, 2009 - March 9, 2012 - Obama


Obama comes into office in January 2009, with the economy tanking.

---

March 9, 2009: The Day Stocks Bottomed Out


Stock Market Closing Prices - 3/9/09

Dow Jones Industrial Average ( DJIA ) Close - 6547.05 Down 79.89
Nasdaq Stock Market Close - 1268.64 Down 25.21
S&P 500 Close - 676.52 Down 6.86

---

March 9, 2012 - 3 years later

the DOW closes above 12,000

:eusa_whistle:

We all know Obama and the left hates Wall Street, especially the folks making a profit. But now its election season and we need some "good numbers" to make Obama look good. No economic numbers like unemployment, debt, number of people on welfare, ect. help the dems, so now suddenly they love wall street.

You're not fooling anyone.

:woohoo:

Top Contributors

:party:

Barack Obama has collected nearly twice as much money as John McCain
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
Monday, June 30, 2008

Wall Street is investing heavily in Barack Obama.

Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.

"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."


Barack Obama has collected nearly twice as much money as John McCain - New York Daily News

:laugh2:

Wall street giving money to obama?:eusa_hand:
 
The Idiocy that calls itself 'theHawk'

Bush - March 9, 2009 - March 9, 2012 - Obama


Obama comes into office in January 2009, with the economy tanking.

---

March 9, 2009: The Day Stocks Bottomed Out


Stock Market Closing Prices - 3/9/09

Dow Jones Industrial Average ( DJIA ) Close - 6547.05 Down 79.89
Nasdaq Stock Market Close - 1268.64 Down 25.21
S&P 500 Close - 676.52 Down 6.86

---

March 9, 2012 - 3 years later

the DOW closes above 12,000

:eusa_whistle:

We all know Obama and the left hates Wall Street, especially the folks making a profit. But now its election season and we need some "good numbers" to make Obama look good. No economic numbers like unemployment, debt, number of people on welfare, ect. help the dems, so now suddenly they love wall street.

You're not fooling anyone.

:woohoo:

Top Contributors

:party:

Barack Obama has collected nearly twice as much money as John McCain
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
Monday, June 30, 2008

Wall Street is investing heavily in Barack Obama.

Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.

"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."


Barack Obama has collected nearly twice as much money as John McCain - New York Daily News

:laugh2:

too funny. see the response from the wingnutty jigghard
 
The Idiocy that calls itself 'theHawk'

Bush - March 9, 2009 - March 9, 2012 - Obama


Obama comes into office in January 2009, with the economy tanking.

---

March 9, 2009: The Day Stocks Bottomed Out


Stock Market Closing Prices - 3/9/09

Dow Jones Industrial Average ( DJIA ) Close - 6547.05 Down 79.89
Nasdaq Stock Market Close - 1268.64 Down 25.21
S&P 500 Close - 676.52 Down 6.86

---

March 9, 2012 - 3 years later

the DOW closes above 12,000

:eusa_whistle:

We all know Obama and the left hates Wall Street, especially the folks making a profit. But now its election season and we need some "good numbers" to make Obama look good. No economic numbers like unemployment, debt, number of people on welfare, ect. help the dems, so now suddenly they love wall street.

You're not fooling anyone.

:woohoo:

Top Contributors

:party:

Barack Obama has collected nearly twice as much money as John McCain
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
Monday, June 30, 2008

Wall Street is investing heavily in Barack Obama.

Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.

"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."


Barack Obama has collected nearly twice as much money as John McCain - New York Daily News

:laugh2:


Actually for once you make a good point, big business does like Big Government libs like the Hussein. When Big Government stacks the deck and makes it tougher for new and small businesses, big business wins. All they have to do is bribe ....excuse me, donate....to the politicians in power in order to keep the stranglehold on their competition.

Business will always find a way to make profit, whether it be a constricted, heavily regulated environment, or in a free market with lots of competition.
Liberals prefer a government controlled regulated market, conservatives prefer a competitive market.


Thanks for the neg rep too :gay:
 
Adam Smith as a liberal economist

The Idiocy that calls itself 'theHawk'

We all know Obama and the left hates Wall Street, especially the folks making a profit. But now its election season and we need some "good numbers" to make Obama look good. No economic numbers like unemployment, debt, number of people on welfare, ect. help the dems, so now suddenly they love wall street.

You're not fooling anyone.

:woohoo:

Top Contributors

:party:

Barack Obama has collected nearly twice as much money as John McCain
BY DAVID SALTONSTALL
DAILY NEWS SENIOR CORRESPONDENT
Monday, June 30, 2008

Wall Street is investing heavily in Barack Obama.

Although the Democratic presidential hopeful has vowed to raise capital gains and corporate taxes, financial industry bigs have contributed almost twice as much to Obama as to GOP rival John McCain, a Daily News analysis of campaign records shows.

"Wall Street wants change and wants a curtailment in spending. It wants someone who focuses on the domestic economy," said Jim Cramer, the boisterous host of CNBC's "Mad Money."


Barack Obama has collected nearly twice as much money as John McCain - New York Daily News

:laugh2:


Actually for once you make a good point, big business does like Big Government libs like the Hussein. When Big Government stacks the deck and makes it tougher for new and small businesses, big business wins. All they have to do is bribe ....excuse me, donate....to the politicians in power in order to keep the stranglehold on their competition.

Business will always find a way to make profit, whether it be a constricted, heavily regulated environment, or in a free market with lots of competition.
Liberals prefer a government controlled regulated market, conservatives prefer a competitive market.


Thanks for the neg rep too :gay:

[B]note to theHAwk: you are starting to get IT.

where you err is dividing the real world examples into fallacies where things are black and white - controlled vs competitive.

Liberals prefer, as did His Holiness Adam Walk-on-water Smith, a competitive economy with smart regulations: a controlled, and well regulated, free market.

You do not advocate a free market, you advocate a market minus the most basic rules to govern human behavior. You are blind to the so-called invisible hand being attached to the human ass.[/B]

Adam Smith - Wikipedia, the free encyclopedia

Alan Greenspan argues that, while Smith did not coin the term laissez-faire, "it was left to Adam Smith to identify the more-general set of principles that brought conceptual clarity to the seeming chaos of market transactions". Greenspan continues that The Wealth of Nations was "one of the great achievements in human intellectual history".[115] P. J. O'Rourke describes Smith as the "founder of free market economics".

However, other writers have argued that Smith's support for laissez-faire (which in French means leave alone) has been overstated. Herbert Stein wrote that the people who "wear an Adam Smith necktie" do it to "make a statement of their devotion to the idea of free markets and limited government", and that this misrepresents Smith's ideas. Stein writes that Smith "was not pure or doctrinaire about this idea. He viewed government intervention in the market with great skepticism ... yet he was prepared to accept or propose qualifications to that policy in the specific cases where he judged that their net effect would be beneficial and would not undermine the basically free character of the system. He did not wear the Adam Smith necktie." In Stein's reading, The Wealth of Nations could justify the Food and Drug Administration, the Consumer Product Safety Commission, mandatory employer health benefits, environmentalism, and "discriminatory taxation to deter improper or luxurious behavior".
 
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In 1999, Bill Clinton signed the Gramm-Leach-Bliley Act, a bank deregulation bill that swept away a Depression-era law known as Glass-Steagall. The new law had such a chorus of bipartisan support that it passed the Senate 90-8. One of the few who raised a cry against it was Byron Dorgan. “I think we will look back in 10 years’ time and say we should not have done this, but we did because we forgot the lessons of the past,” said Dorgan, a populist North Dakota Democratic senator, “and that that which is true in the 1930s is true in 2010.” Today, a few years earlier than he predicted, Dorgan looks prescient. The current financial crisis is frequently called the worst since the Great Depression. And Gramm-Leach-Bliley is often cited as a cause, even by some of its onetime supporters.

Almost always both party's are just as much to blame, as well as all of those that opposed Brooksley Born.

Born lobbied Congress and the President to give the CFTC oversight of off-exchange markets for derivatives in addition to its role with respect to exchange-traded derivatives,[4] but her warnings were opposed by other regulators.[5] Born resigned as chairperson on June 1, 1999, shortly after Congress passed legislation prohibiting her agency from regulating derivatives.

Born was appointed to the CFTC on April 15, 1994 by President Bill Clinton. Due to litigation against Bankers Trust Company by Procter and Gamble and other corporate clients, Born and her team at the CFTC sought comments on the regulation of over-the-counter derivatives...

The disagreement between Born and the Executive Office's top economic policy advisors has been described not only as a classic Washington turf war,[8] but also a war of ideologies,[11] insofar as it is possible to argue that Born's actions were consistent with Keynesian and neoclassical economics while Greenspan, Rubin, Levitt, and Summers consistently espoused neoliberal, and neoconservative policies.

U.S. Representative Maurice Hinchey (D-NY) asked "How many more failures do you think we'd have to have before some regulation in this area might be appropriate?" In response, Greenspan brushed aside the substance of Born's warnings with the simple assertion that "the degree of supervision of regulation of the over-the-counter derivatives market is quite adequate to maintain a degree of stability in the system".[12] Born's warning was that there wasn't any regulation of them. Born's chief of staff, Michael Greenberger summed up Greenspan's position this way: "Greenspan didn't believe that fraud was something that needed to be enforced, and he assumed she probably did. And of course, she did." Under heavy pressure from the financial lobby, legislation prohibiting regulation of derivatives by Born's agency was passed by the Congress. Born resigned on June 1, 1999


The derivatives market continued to grow yearly throughout both terms of George W. Bush's administration. On September 15, 2008, the bankruptcy of Lehman Brothers forced a broad recognition of a financial crisis in both the US and world capital markets.

An October 2009 Frontline documentary titled The Warning [14] described Born's thwarted efforts to regulate and bring transparency to the derivatives market, and the continuing opposition thereto.

In 2009 Born, along with Sheila Bair of the FDIC, was awarded the John F. Kennedy Profiles in Courage Award in recognition of the "political courage she demonstrated in sounding early warnings about conditions that contributed to the current global financial crisis".
The catastrophic financial events of recent months have proved them [Born and Sheila Bair] right."[15] One member of the President's working group had a change of heart about Brooksley Born. SEC Chairman Arthur Levitt stated "I've come to know her as one of the most capable, dedicated, intelligent and committed public servants that I have ever come to know",

In 2010, a documentary film Inside Job further alleged that the crafting of derivatives regulation was flawed from the Clinton administration on. Along with fellow whistleblower, former IMF Chief Economist Raghuram Rajan, who was also aggressively rebuked by the economic establishment,[17] Brooksley Born was cited as one of the marginalized voices arguing that financial derivatives increase economic risk.

So this finger pointing and blame game is BS, as always the rebuplocrats are to blame, by allowing a free for all and letting Wall Street and the Fed run amok.
Brooksley Born - Wikipedia, the free encyclopedia

You can go way back in the nations history and learn how both political party's contributed to the mess we all face now, and the royally fucking of the American people. The country has been given over to bankers and corporations, both political party's are to blame, so why do most of you continue to play this BS game of party affiliation? Why don't we simply refuse to continue to support these fucks, and stand with someone who is knowledgeable of economics and the situation, and actually has a plan other then continuing along the same destructive paths??

Clinton and Bush and the Fed showered the wall street shysters with your money, instead of putting an end to the shenanigans and thievery and putting those responsible in jail, instead they were appointed to positions of authority in both administrations economic
policy.
Like putting junkies in charge of the pharmacy...in control of writing prescriptions...:cuckoo:

Iceland has prosecuted the fraudster bank heads and their former prime minister, and their economy is recovering nicely … because trust is being restored in the financial system, but we don't hear about that at all in the MSM..
 

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