McBush...Can we afford four more years?

Discussion in 'Congress' started by Chris, Sep 15, 2008.

  1. Chris
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    Chris Gold Member

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    Rising unemployment, rising gas prices, record foreclosures, record trade deficit, the Big Three on the verge of bankrupcy, $700 billion dollars wasted on Iraq, and a $500 billion dollar budget deficit.

    Stock market crashing.....

    CNNMoney.com Market Report - Sep. 15, 2008

    Thank you, Republicans, may you burn in hell.
     
  2. Chris
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    Chris Gold Member

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    Global markets tumbled as investors reeled after Lehman Brothers filed for bankruptcy, Merrill Lynch was forced to sell itself to Bank of America and investors awaited AIG's restructuring announcement.

    "You have to throw out the history books because there's really nothing to compare this to," said Jim Dunigan, chief investment officer at PNC Advisors.

    "Any speculation as to what inning we're in becomes difficult because each step of the way seems to bring another drop," Dunigan said.

    Art Hogan, chief market strategist for Jefferies & Co., said the magnitude of the financial industry fallout is unprecedented, and could only be compared to the Great Depression of the 1930s or the railroad bankruptcies of the 1800s.

    "We've never witnessed this before," said Hogan. "There's no road map for this."

    http://money.cnn.com/2008/09/15/markets/markets_newyork2/?postversion=2008091516
     
  3. -Cp
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    -Cp Senior Member

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    I took this on here
    http://www.usmessageboard.com/784349-post40.html

    You ignored it... so I'll repost it now:

    1. Rising unemployment cause illegals are going home
    2. Forclosures cause too many people were given home loans when they had no business getting a home to begin with.
    3. See #2 as to why the "big three" are failing
    4. The war in Iraq is not a waste
    5. See #4 - had/have a war to pay for
     
  4. Chris
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    Chris Gold Member

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    4,000 dead, 30,000 wounded, and $700 billion dollars wasted to set up a Shia government in Iraq allied with Iran. Entirely the Republicans fault.

    When the Reagan deregulated the Savings and Loans in the 1980's, they went bust. When Bush got in, the same thing happened with the mortgage industry. Coincidence? Hardly. The Republicans fault.

    Republicans were against fuel efficiency standards which have resulted in the increase in American dependency on foreign oil and the collapse of the Big Three. Once again, the Republicans fault.

    Unemployment is related to the housing industy and the auto industry discussed above. Once again, the Republicans fault.
     
  5. dilloduck
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    dilloduck Diamond Member

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    Why do I have the impression that the FED operates independently ?
     
  6. Paulie
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    Paulie Platinum Member

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    Because it does.

    What's the last piece of legislation that congress represented the people on, which authorized the Fed to do ANYTHING?
     
  7. Chris
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    Chris Gold Member

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    Interest rates are low, and you are blaming this on the Fed?

    Talk about lame....
     
  8. DiamondDave
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    DiamondDave Army Vet

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    Idiot repeat posting to support his ever baseless claims that are held within a new post on the same old theme....

    you forgot to add conservation and gas prices, Kirk... and you would have had your perfect trifecta post
     
  9. Chris
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    Chris Gold Member

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    Take another suckle off the public sugar teet, army boy.
     
    Last edited: Sep 15, 2008
  10. -Cp
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    -Cp Senior Member

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    Once again, please use facts when making stupid claims:
    Congress Quietly Approves Billions More for Iraq War - House (dems have majority) approve more Iraq funding

    United States Senate
    Party Ayes Nays No Vote
    Republican 48 1 0
    Democratic 29 21 0
    Independent 0 1 0
    TOTALS 77 23 0

    21 (42%) of 50 Democratic Senators voted against the resolution: Sens. Akaka (D-HI), Bingaman (D-NM), Boxer (D-CA), Byrd (D-WV), Conrad (D-ND), Corzine (D-NJ), Dayton (D-MN), Durbin (D-IL), Feingold (D-WI), Graham (D-FL), Inouye (D-HI), Kennedy (D-MA), Leahy (D-VT), Levin (D-MI), Mikulski (D-MD), Murray (D-WA), Reed (D-RI), Sarbanes (D-MD), Stabenow (D-MI), Wellstone (D-MN), Wyden (D-OR).
    1 of 49 Republican Senators voted against the resolution: Sen. Chafee (R-RI).
    The only Independent Senator voted against the resoution: Sen. Jeffords (I-VT)
    Iraq Resolution - Wikipedia, the free encyclopedia

    Once - again wasn't entirely Republicans.

    Buyers, bankers blamed for housing crisis
    Buyers, bankers blamed for housing crisis

    Wrong again:
    Senate passes bill increasing fuel economy standards - CNN.com
    The measure was approved with strong bipartisan support 86-8 after Democrats abandoned efforts to impose billions of dollars in new taxes on the biggest oil companies,

    The Economy -
    GW's 1st three years versus Clinton's 1st three years:

    Unemployment Rate -
    Jan 2004: 5.6% (After GWBush's 1st three years)
    Change in rate from prior year (Jan '03-'04): 0.3%, Decrease

    Jan 1996: 5.6% (After Bill Clinton's 1st three years)
    Change in rate from prior year (Jan '95-'96): 0.0%, No change

    * The Unemployement Rate is the same after GWBush's 1st three years as it was after Bill Clinton's 1st three years.
    * The Unemployment rate steadily declined in the third year with GWBush while it remained unchanged in Bill Clinton's third year.


    It'd sure be nice if you could use facts to back up your ridiculous claims...Oh, that's right, libs can't stand looking at facts... they use emotion rather than brain-power..
     

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