Obama promotes positive signs in housing market

Discussion in 'Politics' started by Nova78, Oct 20, 2012.

  1. Nova78
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    Nova78 Gold Member

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    Obama promotes positive signs in housing market | Political Headlines | Comcast

    With the economy still the dominant issue of the presidential campaign, Obama has been counting on voters believing that conditions are improving. But even indicators that are favorable to Obama still don't signal a strong recovery.

    Obama conceded that too many mortgage holders are still under water, owing more than their homes are worth, and blamed congressional Republicans for not passing legislation he proposed in February that would lower lending rates for millions of borrowers. Republicans have objected, citing among other things the estimated $5 billion to $10 billion cost of the proposal

    Yea sure Obama, pass the buck, whats another $10 billion we do not have.

    Obama is spending this Country to economic collaspe one day at a time
     
  2. OODA_Loop
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    OODA_Loop Account Terminated

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    Why yes more tax dollars and debt to bail out housing.

    Tout this plan Monday night Mr. President.
     
  3. Seawytch
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    Seawytch Information isnt Advocacy

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    :lol: "things are not getting better fast enough" Puhleese. We're in recovery, get over it and celebrate for shit sake.
     
  4. LilOlLady
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    LilOlLady Gold Member

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    Proves that the stimulus is doing what is suppose to do. Stimulate the economy and it will continue to do so no matter who is elected. Economist project that the economy over 11 million jobs will be created over the next 10 years and Romney will have nothing to do with it.
     
    Last edited: Oct 20, 2012
  5. idb
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    idb Gold Member

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    What was Obama's proposed legislation?
     
  6. SniperFire
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    SniperFire Senior Member

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    Actually, we are in a stall and beginning of decline. CBO projected unemployment to rise to 9.1% next year. :

    'In a report released on Aug. 22, An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022, CBO’s baseline projections show that by the fourth quarter of 2013 the national unemployment rate will be 9.1 percent.'

    CBO: Under Current Law, Unemployment Will Rise Next Year to 9.1% | CNSNews.com

    Vote responsibly next time.
     
  7. tjvh
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    tjvh Senior Member

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    What exactly are you talking about?
     
  8. SniperFire
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    SniperFire Senior Member

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    Her Obama Phone.
     
  9. zeke
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    zeke Gold Member

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    Oh snipper. How funny you are. Using the CBO numbers when they jive with your convoluted mind. And ignoring the CBO numbers when they don't.

    How convenient.
     
  10. SniperFire
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    SniperFire Senior Member

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    You doubt the CBO analysis, then?
     

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