More economic GOOD news?

[mascale]

It is actually in this thread, That Bush II did the rebates, which worked for awhile. The Federal Reserve even worked for awhile(?)! Then people famously went to jail or simply just went out of business!

Therefore TARP had to happen. Mainly, the rich who were in all the trouble had been swindled! Even the leadership of the Third German Republic could understand this.

Instead of a CCC type of program, even Obama-Biden came up with their concept of the Ticket Bitch Corps, bailing out pricey state and local: Public Employees. And so there is all kinds of history being shown, which likely will not make the textbooks, even in Texas!

There is a lot that confuses, when the nominee of the one party, now in power: Owes it all to the party out of power. This is a cross-over based Democratic Party Administration. It is clear even now that lots of people have really no concept of what they are doing!

Bush cannot be blamed for even having a pretense of knowing what to do. Only recently now there are calls for mega-public works to get into the field even now. Those are not coming from inside the current Dmocratic Administration. Actually, all the nations already recovered had generally engaged in massive public works.

That has been done before, even in California. FDR was a New Deal Democrat. Edmund "Pat" Brown did public works, and with support of the California Democratic Council, created in Part by eventual Senate Democatic Leader, Senator Alan Cranston.

"Crow, James Crow: Shaken, Not Stirred!"
(Arizona tried even time and time again to keep great Geronimo: On That Side of The Border--on land still his, and actually, their land too! Streets have "Calle" names to help with mail delivery, even now and in the future!)

 

[LibocalypseNow]

This administration is lying to the people. It really is that simple. They have not created jobs other than Government ones. Adding millions more Government jobs is only going to sink this nation further. Government jobs are incredibly expensive for Tax Payers. Most of this administration's numbers don't often add up either. I just don't trust their numbers anymore. Their lies are becoming more egregious by the day. It's all about winning coming elections for them. They will continue their increase in spewing bogus numbers as the elections draw nearer. I'm sure they're gonna claim that Unemployment is 2% by the time the elections roll around. Don't believe the hype though. The Socialists/Progressives have completely sunk many future generations. Things are definitely not rosy.

 

[mascale]

The rebates worked, inclusive of more people than just the rich. The middle and lower rich were also included: Which is what "American Studies " are at most universities. The problem that Bush and Paulson appear to have noticed is that really, there is not that much money at all in lower and middle rich income neighborhoods, so the rich-rich bonus-earners had to get all of the tax money being spent, instead.

Diversity at the Ivy League is like that. Apparently some journalist noticed that Israel, for example, is 76% Jewish, whereas Europe is only 0.2% Jewish, and suggested a relocation program to address this problem. Even the United States is 1.7% Jewish. Only the Ivy League does better than that, at closer to a third to fifty percent.

Forced Bussing would likely be thought the answer!

In the Schvartz Ivy League, by comparison, they actually let in. . . . . Well The President's Ivy League Council of Economic Advisers istself, however: Is not widely reported, to be showing up at the doors to help, with the keys, jumper cables in hand.

"Analysts" now wonder if corporate cash flow, and business itself, is "sustainable." If money sent only to the lower and middle and upper rich incomes could help in Bush II, Term II, Q2 or Q3 of one year or another: Then just how could a refundable tax credit of $800.00 be working at all when even lower, middle, and upper incomes were included, along with lower and middle upper incomes?!

Ivy League Analysts know that the rich didn't get their cut! "Paulson's Revenge" they know about already!

Relocation-oriented journalists: Can probably guess why! Consider the plight of poor Iran, with only a 0.02% Jewish population, in their borders! Even the Ivy League has places to go, and people to see, and agenda to put in place!

It's the Euros, Stupid!

"Crow, James Crow: Shaken, Not Stirred!"
(Send many squaws to Casinos of Many Nations! Help Make Agenda Green and Euro-Free! Many Nations Understand Ivy League!)

 

[KMAN]

Disappointing jobs report sends stocks tumbling

NEW YORK (AP) -- Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. Interest rates dropped as investors moved money into the safety of Treasury bonds and notes.

The Dow Jones industrial average dropped 323 points, its third worst slide of the year. The index closed below 10,000 for the second time in two weeks. All the major indexes were down more than 3 percent. The concerns about Hungary pounded the euro to a four-year low.

The drop pushed major stock indexes back into "correction" mode, meaning a decline of at least 10 percent from recent highs.

Disappointing jobs report sends stocks tumbling - Yahoo! Finance

you certaintly won't see leftwingers like the so called "rightwinger" posting honest economic news....

i hope it picks up though and that this is not a sign of things to come

yet liberals see this as good news. It's no wonder the country is going to hell.

 

[mascale]

Bags of Crap who hate humanity would look at a one day stock-market sell-off and conclude that Liberals were wrong.

The Opening Comment, above, actually brings up the Paulson Problem! That goes back to 2008. McCain, who is old, saw no problem. Palin, who is dizzy at best, saw no problem. Bush, who is Ivy League educated, saw no problem. Cheney already knows a thing or two about the "undisclosed locations:" Where people sit, and wait, and wait, and wait. . . .and really wait!

Paulson had created GOPm widely celebrated, TARP. It was widely celebrated that credit would unfreeze. That was in the fall of 2008. In the Spring of 2010, finally it started to happen.

It took a long, long, very long time. The actual "liquidity requirement," or enema: Would take the form of the refundable tax credit in the Great Stimulus--and kind of reverse flow of the usual tax program. There would be a home buyer's tax credit in the Great Stimulus. There would be an independent "Cash For Clunkers," of the Obama-Biden kind of squeeze bottle: Sent into the market place.

These were the remedy for Paulson's Revenge. Mainly, Arizona probably prefers Prefers Paulson's Revenge(?)! Everwhere else, The outcome is on track: But this was against the back-drop of Paulson's Revenge, which was a federal deficit bail-out of the banker bonuses plans for the rich!

"Crow, James Crow: Shaken, Not Stirred!"
(Diversity at the upper Ivy League of the Obama brand is actually better contrasted with the Diversity at the Lower Ivy League--which the Obama family opposes--where they actually let more than one or two in. The Obamas made the alternative choice for themselves, and for the children! The diversity model at the Upper Ivy League it probably as well known as is the location of the arrested professor's keys.)

 

[editec]

No mere POTUS can alter the fundamental flaws in an economy.

They can mitigate them somewhat, or they can aggrevate them by creating situations which add to the problem, but the POTUS cannot radically things such that he can turn around an economy that has problems.

You want to fix something REAL?

Fix our trade laws that put millions and millions of American out of good jobs.

Congress needs to stop giving away our industrial base to third world shitholes as they had been doing for the last 40 YEARS.

 

[ABikerSailor]

But........but........if the corporations move here to America, they're not going to be able to make those obscene profits!

Third world labor pays for all those nice expensive cars and houses you'll never be able to afford.

 

[The Rabbi]

No mere POTUS can alter the fundamental flaws in an economy.

They can mitigate them somewhat, or they can aggrevate them by creating situations which add to the problem, but the POTUS cannot radically things such that he can turn around an economy that has problems.

You want to fix something REAL?

Fix our trade laws that put millions and millions of American out of good jobs.

Congress needs to stop giving away our industrial base to third world shitholes as they had been doing for the last 40 YEARS.

Actually trade laws have nothing to do with it and in fact have created millions of new jobs.
Try fixing a tax and regulatory system that punishes hiring people and encourages going into debt to buy capital goods.

 

[mascale]

Talk about signature-authority delegation! "No Taxation Without Misrepresentation!" has become the Tea Party, GOP, cry!

TARP was a lot of money. TARP went to an undisclosed problem. One stupid. . .One Ivy League populated instituion had failed. There was still a lot left to live with. The problem had been poor people unable to pay mortgages, with credit freezing up, after a rebate plan had worked.

The solution was give all the deficit money to the banks, in the name of "Keynes," who would have actually advised public works.

The Keynes recommendation is actually only starting to appear this year, from the Stimulus from last year. The Refundable Income Tax Credit actually remedies the flaw the John Maynard K had ignored. The income distribution of the economy is fundamentally flawed.

So in fact, a POTUS did provide a remedy, with a Nancy Pelosi and Senator Reid in place. The Refundable Tax Credit acted like an indexed, flat-amount, equal dollar COLA amount.

It is also in place for this year, wherein inflation is not much of a problem.

"Crow, James Crow: Shaken, Not Stirred!"
(Great Half-Wit Father In Washington, Knows about half-measure concepts. Other-half Father(?) had failed to provide oil emergency equipment, for example. Gusher the oil leak finally became! Other-Half Father Knew A Thing Or Two, at least, from Yale University(?)! That may have been baby bathtub photo with. . . .brother(?)!)