Obama Ruined the Economy

[Oddball]

None of which refutes the fact that Boyking is tripling the deficit, dickweed.

 

[DonKayrouz]

Well it's true that Bush increased the debt...i don't want to defend him...
but Obama continued with the same path...more borrowing...the point is that the current standard of living is unsustainable while Obama is trying to maintain it...You Americans don't like Taxes, i don't know why...maybe it's because US billionaires are so greedy

 

[Neubarth]

Well it's true that Bush increased the debt...i don't want to defend him...
but Obama continued with the same path...more borrowing...the point is that the current standard of living is unsustainable while Obama is trying to maintain it...You Americans don't like Taxes, i don't know why...maybe it's because US billionaires are so greedy

As Leona Helmsley (PBOH) best said it,
The Rich do not pay taxes. That is for the common people.

 

[Neubarth]

Yeah, he inherited it....Then fuckin' tripled it.

Does adding "fuckin'" to your opinion give you a sense of authority? In my (fuckin') opinion, LOL, it makes your remarks 'metafoolish' and 'conservative chicy'. Right Arm, dude, outasight brother, gimmie a hit of that dubbie, dude.
Your a 'fuckin' joke, dude.

In the United States among the common people, the word fuckin' (occasionally spelled fuggin') is used to amplify the degree of something in speech. It is used so frequently on the street of the US that it is considered to be part of the common vernacular. Thus when one says "He robbed the bank." it is understood that a bank robbery took place; but when one says "He fuggin' robbed the bank." it is understood that he did it in an abrupt fashion, either unexpected or in violent fashion or with unbelievable boldness.

With Obama it is usually understood that the man is robbing the bank in full view of everybody, and that Obama could care less. He is fuggin' doing it.

 

[Neubarth]

Consequently, we need to fuggin' remove Obama from office ASAP!

 

[California Girl]

Something Bush Would've Never Done
​

The Treasury Department on Thursday is expected to order seven companies that have not paid back last year's government bailouts to halve their top executives' average compensation.

Um ... Bush did try to do that ... just that the Democrats stopped him.

PS: Stop wasting space with your stupid pictures if you ever want to be taken seriously.

Is it not just a fraction late for those wise words?

 

[Old Rocks]

some seven years before he took office...
Someone explain to me how Obama's continuation of moronic fiscal policies means that the idiots who got us into this mess in the first place are somehow the ones to get us out.
I just don't grasp the partisan proaganda.

Oh you mean the idiots who took over Congress in 2006? Those would be Democrats am I right?
But the dimwits who swept him into office under the mantra of "change" must support Obama quadrupling the Federal deficit right? That happened under his watch.
He could have said we're spending too much and offered a budget cutting plan. But he didn't and the Democrats in Congress happily went along.
This is Obama and the Democrats' baby, nothing partisan there.

Everyone on the factory floor knew the economy was crashing at the very time Bush and McCain were touting the "Economy is fundementally sound" bullshit. When you have 30 years of no real increase in income for the working man, the middle income class, the economy is in trouble.

 

[Old Rocks]

Something Bush Would've Never Done
​

The Treasury Department on Thursday is expected to order seven companies that have not paid back last year's government bailouts to halve their top executives' average compensation.

Um ... Bush did try to do that ... just that the Democrats stopped him.

PS: Stop wasting space with your stupid pictures if you ever want to be taken seriously.

Source, my sweet little kitten?

 

[CrusaderFrank]

Since the Democrats Took Control of Congress

There's been a number of ridiculous articles describing how bad the Bush economy was and while Bush was indeed a tremendous disappointment to Conservatives who didn't quite grasp that his "Compassionate" modifier meant "anti", the Bush economy was good.

The trouble started once the Democrats, a Party so anti-American that they tried on 47 separate occasions to stop funding our men and women in combat, took control of Congress.

These are the facts and they are indisputable.

When Democrats took control of Congress:

1) Consumer confidence stood at @ 102.9

November 28, 2006 – The Conference Board’s Consumer Confidence Index fell by 2.2 index points to 102.9 in November (Chart 1). This index has fluctuated between 100 and 110 for the last twelve months.
Economic Snapshots ® - November Consumer Confidence - Nov 28, 2006

2) Regular gasoline sold for $2.19 a gallon;

November 19 2006: 3:31 PM EST

CAMARILLO, Calif. (CNN) -- Gasoline prices at U.S. pumps rose an average of a nickel a gallon over the last two weeks, ending three months of falling prices, according to a national survey released Sunday.
The Nov. 17 Lundberg Survey of about 5,000 gas stations across the country showed the average price of a gallon of self-serve regular gas was $2.23, a penny lower than the same week a year ago, publisher Trilby Lundberg told CNN.
Gasoline prices rise after 3 month slump, survey* - Nov. 19, 2006

3) The unemployment rate was 4.5%.

Bureau of Labor Statistics Data

4) Gold was $625 down from $700 in May 06 when it looked like Reps might hold control
Gold starting climbing as soon as the US election results were in, by the end of the month it was at 645.

London Fix Historical - result

5) Barrel of Crude $60

Crude oil, avg, spot price chart
In less than 2 years, the anti-drilling, anti-business Democrats had spooked the Capital Markets so badly oil spike at over $120 a barrel! The chart says it all! The only thing that dropped prices was the crippling damage Democrat policies inflicted on the us economy sending it into cardiac arrest

6) Value of Dollar (euro) 1.28

Monthly Average Graph (American Dollar, Euro) 2006

7) Deficit $248 Billion

http://www.whitehouse.gov/omb/budget...9/pdf/hist.pdf (page 31)

8) US Debt $8.4T

http://www.whitehouse.gov/omb/budget...9/pdf/hist.pdf (Page 132)

Since then:

1) Consumer confidence plummet 54 which is an increase over the last 2 months! That’s down from 102!

Consumer Confidence Index - The Conference Board

2) The cost of regular gasoline soars to over 4.12 and is now $2.58 a gallon;

Gas Price Historical Price Charts - GasBuddy.com

‘With Skyrocketing Gas Prices, Americans Can No Longer Afford Rubber Stamp Congress” Nancy Pelosi Monday, April 24, 2006

Barack Obama: “I think that I would have preferred a gradual adjustment.” June 2008

3) Unemployment is up to 9.7%

Bureau of Labor Statistics Data

Again, look at the hockey stick spike in US unemployment since the Dems took over Congress

4) Spot Gold 9/17/2009 $1012. It was $625 when Dems took over Congress

24-hour Spot Chart - Gold

5) Barrel of Crude $72 (9/17/09) Price of crude falls as US Economic activity continue to contract under Socialist policies of Obama & Dems.

6) Value of Dollar (euro) 1.47

Euro (b) vs United States Dollar Spot (EUR/USD) Quote

7) Deficit

The Number is so huge we need to use scientific notation. It’s 1.8 X10^12 !!

http://www.cbo.gov/ftpdocs/99xx/doc9...07-Outlook.pdf

8) US Debt

We need to use Scientific notation again because the debt ceiling was just raised to 1.2X10^13!!

“America has a debt problem and a failure of leadership.” -- BH Obama

And don’t forget:
1,900,000 American homes are in foreclosure;
the USA Stands to lose it AAA Credit Rating;
and Communist China is lecturing the USA on Fiscal responsibility!

The Road to recovery starts when the Democrats are in a solid minority and Conservatives are turning the US economy back to citizens, business people and entrepreneurs of all stripes!

The Capital Markets have spoken: they do not want any part of a nation run by modern Democrats (aka: NeoMarxists, NeoNazis, Statists) and have been selling America short since Pelosi Dems lied their way into control of Congress in Nov 2006

 

[edthecynic]

Since the Democrats Took Control of Congress

There's been a number of ridiculous articles describing how bad the Bush economy was and while Bush was indeed a tremendous disappointment to Conservatives who didn't quite grasp that his "Compassionate" modifier meant "anti", the Bush economy was good.

The trouble started once the Democrats, a Party so anti-American that they tried on 47 separate occasions to stop funding our men and women in combat, took control of Congress.

These are the facts and they are indisputable.

You've posted this BS before and I asked you to name the legislation the Dems passed over the RECORD NUMBER of GOP filibusters that destroyed the wonderful Bush economy. You always cut & run because even you know the the Bush/GOP economy crashed from the inertia of the previous years of GOP control.

So here's your opportunity again, post the legislation!

 

[edthecynic]

some seven years before he took office...
Someone explain to me how Obama's continuation of moronic fiscal policies means that the idiots who got us into this mess in the first place are somehow the ones to get us out.
I just don't grasp the partisan proaganda.

Oh you mean the idiots who took over Congress in 2006? Those would be Democrats am I right?
But the dimwits who swept him into office under the mantra of "change" must support Obama quadrupling the Federal deficit right? That happened under his watch.
He could have said we're spending too much and offered a budget cutting plan. But he didn't and the Democrats in Congress happily went along.
This is Obama and the Democrats' baby, nothing partisan there.

Yeah, he inherited it....Then fuckin' tripled it.

Wow, we went from quadrupling to tripling in just a few posts.

I wonder if the CON$ who claim that the Fed budget MUST be evaluated by the FISCAL YEAR are going to point out that Bush's last budgetary fiscal year didn't end until Sept 30, 2009 and Obama's didn't start until the first of this month?
No wonder about it, THEY WON'T.

 

[CrusaderFrank]

Since the Democrats Took Control of Congress

There's been a number of ridiculous articles describing how bad the Bush economy was and while Bush was indeed a tremendous disappointment to Conservatives who didn't quite grasp that his "Compassionate" modifier meant "anti", the Bush economy was good.

The trouble started once the Democrats, a Party so anti-American that they tried on 47 separate occasions to stop funding our men and women in combat, took control of Congress.

These are the facts and they are indisputable.

You've posted this BS before and I asked you to name the legislation the Dems passed over the RECORD NUMBER of GOP filibusters that destroyed the wonderful Bush economy. You always cut & run because even you know the the Bush/GOP economy crashed from the inertia of the previous years of GOP control.

So here's your opportunity again, post the legislation!

Economy doing fine from 2000 to 2006. Dems Take Over Congress, Capital Markets react in horror.

It's that simple.

"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' -- Representative Barney Frank of Massachusetts, the Ranking Democrat on the Financial Services Committee.

 

[Maple]

some seven years before he took office...


Someone explain to me how Obama's continuation of moronic fiscal policies means that the idiots who got us into this mess in the first place are somehow the ones to get us out.

I just don't grasp the partisan proaganda.

In truth, the economy was tanking before he took office, but one thing I will tell you is that he is NO FRIEND of business and right now that's killing us. He is doing little to nothing to correct the situation. More money from that no stimulus stimulus bill went to the arts and humanities than it did to small business which employs 70% of Americans.

 

[Wry Catcher]

Since the Democrats Took Control of Congress

There's been a number of ridiculous articles describing how bad the Bush economy was and while Bush was indeed a tremendous disappointment to Conservatives who didn't quite grasp that his "Compassionate" modifier meant "anti", the Bush economy was good.

The trouble started once the Democrats, a Party so anti-American that they tried on 47 separate occasions to stop funding our men and women in combat, took control of Congress.

These are the facts and they are indisputable.

You've posted this BS before and I asked you to name the legislation the Dems passed over the RECORD NUMBER of GOP filibusters that destroyed the wonderful Bush economy. You always cut & run because even you know the the Bush/GOP economy crashed from the inertia of the previous years of GOP control.

So here's your opportunity again, post the legislation!

Economy doing fine from 2000 to 2006. Dems Take Over Congress, Capital Markets react in horror.

It's that simple.

"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' -- Representative Barney Frank of Massachusetts, the Ranking Democrat on the Financial Services Committee.

"It's that simple", no Frank, you're that simple. I hope your not as stupid as your posts suggest (though it's highly likely you are) and are simply a desperate little troll in need of a life. The economy tanked because there was too little regulation and greed overcame commmon sense. GREED Frank, it's one of those dirty little vices which conservatives have redefined as a virtue.

 

[edthecynic]

Since the Democrats Took Control of Congress

There's been a number of ridiculous articles describing how bad the Bush economy was and while Bush was indeed a tremendous disappointment to Conservatives who didn't quite grasp that his "Compassionate" modifier meant "anti", the Bush economy was good.

The trouble started once the Democrats, a Party so anti-American that they tried on 47 separate occasions to stop funding our men and women in combat, took control of Congress.

These are the facts and they are indisputable.

You've posted this BS before and I asked you to name the legislation the Dems passed over the RECORD NUMBER of GOP filibusters that destroyed the wonderful Bush economy. You always cut & run because even you know the the Bush/GOP economy crashed from the inertia of the previous years of GOP control.

So here's your opportunity again, post the legislation!

Economy doing fine from 2000 to 2006. Dems Take Over Congress, Capital Markets react in horror.

It's that simple.

"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' -- Representative Barney Frank of Massachusetts, the Ranking Democrat on the Financial Services Committee.

So you got NOTHING. What a surprise.... NOT

And there was no problem at the time Frank made that statement.
Bush legislation passed after that statement in Dec 2003 changed the rules and allowed no down payment loans for more than the value of the house to people with bad credit who earned at least 20% less than the average income for the neighborhood they were buying into.

And here's the difference between you and me, I'll give you the name of the Bush program, it was "The American Dream Downpayment Initiative" or ADDI for short.

 

[OFACal]

Oh you mean the idiots who took over Congress in 2006? Those would be Democrats am I right?
But the dimwits who swept him into office under the mantra of "change" must support Obama quadrupling the Federal deficit right? That happened under his watch.

Please explain how he did this. Obama has not even had a budget yet. This is Bush's budget being spent this year, along with his stimulus(which has actually worked, btw-go figure). And even if you want to blame him for it all since he took office, the defecit has gone up from almost 10 trillion to eleven. Quadrupling it would mean there is a 40 trillion defecit, which is obviously not true.

He could have said we're spending too much and offered a budget cutting plan. But he didn't and the Democrats in Congress happily went along.
This is Obama and the Democrats' baby, nothing partisan there.

Again, the budget is appropriated. You can't offer a smaller budget before the year is up. Or are you saying you traveled in time, and know what the next budget looks like?

You fail at common sense and second grade math.

 

[del]

Oh you mean the idiots who took over Congress in 2006? Those would be Democrats am I right?
But the dimwits who swept him into office under the mantra of "change" must support Obama quadrupling the Federal deficit right? That happened under his watch.

Please explain how he did this. Obama has not even had a budget yet. This is Bush's budget being spent this year, along with his stimulus(which has actually worked, btw-go figure). And even if you want to blame him for it all since he took office, the defecit has gone up from almost 10 trillion to eleven. Quadrupling it would mean there is a 40 trillion defecit, which is obviously not true.

He could have said we're spending too much and offered a budget cutting plan. But he didn't and the Democrats in Congress happily went along.
This is Obama and the Democrats' baby, nothing partisan there.

Again, the budget is appropriated. You can't offer a smaller budget before the year is up. Or are you saying you traveled in time, and know what the next budget looks like?

You fail at common sense and second grade math.

your knowledge of economics is truly breathtaking.

i don't mean that in a good way.

you might start with learning the difference between the budget deficit and the national debt.

 

[Wry Catcher]

Oh you mean the idiots who took over Congress in 2006? Those would be Democrats am I right?
But the dimwits who swept him into office under the mantra of "change" must support Obama quadrupling the Federal deficit right? That happened under his watch.

Please explain how he did this. Obama has not even had a budget yet. This is Bush's budget being spent this year, along with his stimulus(which has actually worked, btw-go figure). And even if you want to blame him for it all since he took office, the defecit has gone up from almost 10 trillion to eleven. Quadrupling it would mean there is a 40 trillion defecit, which is obviously not true.

He could have said we're spending too much and offered a budget cutting plan. But he didn't and the Democrats in Congress happily went along.
This is Obama and the Democrats' baby, nothing partisan there.

Again, the budget is appropriated. You can't offer a smaller budget before the year is up. Or are you saying you traveled in time, and know what the next budget looks like?

You fail at common sense and second grade math.

your knowledge of economics is truly breathtaking.

i don't mean that in a good way.

you might start with learning the difference between the budget deficit and the national debt.

Gee Del, I'm impressed with your use of language, less so with with what you actually mean. Are you suggesting that one has nothing to do with the other?

Under Bill Clinton, for the years 1998, up to and including 2001, we had our first surplus in years. Government spending was in deficit for all years except 1968 since 1960. Since 1960 the public dept had grown from 56% of the GDP to 58%, by the year 2000. In the first six years of the Bush Administration it rose to 64.7% (latest figures I have readily avialable. Source, Time Almanac, 2008).
Pointing fingers at Obama is complete and utter partisan bull shit. He is playing the hand dealt in an effort to fix a very badly broken economy. He is not a Communist, nor a Socialist or a Muslim; he is not anti-American, anti-white, anti-Christian or an Arab as some McCain supporters seem to believe.
He is hard working - and criticized for it, and operating an economic machine that comes not with a users manual, but plenty of opinions on which levers to pull - though some suggest they must be pushed or left alone.

 

[CrusaderFrank]

You've posted this BS before and I asked you to name the legislation the Dems passed over the RECORD NUMBER of GOP filibusters that destroyed the wonderful Bush economy. You always cut & run because even you know the the Bush/GOP economy crashed from the inertia of the previous years of GOP control.

So here's your opportunity again, post the legislation!

Economy doing fine from 2000 to 2006. Dems Take Over Congress, Capital Markets react in horror.

It's that simple.

"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' -- Representative Barney Frank of Massachusetts, the Ranking Democrat on the Financial Services Committee.

"It's that simple", no Frank, you're that simple. I hope your not as stupid as your posts suggest (though it's highly likely you are) and are simply a desperate little troll in need of a life. The economy tanked because there was too little regulation and greed overcame commmon sense. GREED Frank, it's one of those dirty little vices which conservatives have redefined as a virtue.

One of the easiest ways to tell that you're talking to a CFI where "C" is for complete and "I" idiot, they say things like: "The economy tanked because there was too little regulation..."

Yeah, we need the same government that tanked Fannie and Freddie, the US Auto Industry and gives first time home buyer credits to 4 year olds to add even more regulation.

 

[CrusaderFrank]

You've posted this BS before and I asked you to name the legislation the Dems passed over the RECORD NUMBER of GOP filibusters that destroyed the wonderful Bush economy. You always cut & run because even you know the the Bush/GOP economy crashed from the inertia of the previous years of GOP control.

So here's your opportunity again, post the legislation!

Economy doing fine from 2000 to 2006. Dems Take Over Congress, Capital Markets react in horror.

It's that simple.

"These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' -- Representative Barney Frank of Massachusetts, the Ranking Democrat on the Financial Services Committee.

So you got NOTHING. What a surprise.... NOT

And there was no problem at the time Frank made that statement.
Bush legislation passed after that statement in Dec 2003 changed the rules and allowed no down payment loans for more than the value of the house to people with bad credit who earned at least 20% less than the average income for the neighborhood they were buying into.

And here's the difference between you and me, I'll give you the name of the Bush program, it was "The American Dream Downpayment Initiative" or ADDI for short.

" And there was no problem at the time (Dem Hero Barney) Frank made that statement."

Thank you for showing people why the Capital Markets shorted the USA once Dems took control.