Obama Ruined the Economy

xÞx;1638247 said:
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.

Yeah, he inherited it....Then fuckin' tripled it. :rolleyes:
Wow, we went from quadrupling to tripling in just a few posts. :lol:

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.

Why are you laughing ? the world is going bankrupt...
what's ur argument ? 2009 is a continuation of Bush's term...so what ?
what about 2010 ? 2011 ? it seems you haven't seen the budget projections
you need more research
 
xÞx;1638247 said:
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?

The economy first started going sownhill in '06?
This is Obama and the Democrats' baby, nothing partisan there.

So the right-wingers are just gonna wipe their hands clean of their own misdeeds?
 
Well it's true that Bush increased the debt...i don't want to defend him...
but Obama continued with the same path..

And the Republicans seem to think that means they're no longer responsible for their own actions
 
Then and Now:

1) Consumer confidence stood at @ 102.9. Consumer confidence plummet 54 which is an increase over the last 2 months! That’s down from 102!

2) Regular gasoline sold for $2.19 a gallon. The cost of regular gasoline soars to over 4.12 and is now $2.58 a gallon;

‘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) The unemployment rate was 4.5%. Unemployment is now 9.7%

4) Gold was $625 down from $700 in May 06 when it looked like Reps might hold control. Spot Gold 9/17/2009 $1012.

5) Barrel of Crude $60. 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) 1.28. Value of Dollar (euro) 1.47

7) Deficit $248 Billion. The Number is so huge we need to use scientific notation. It’s 1.8 X10^12 !!

8) US Debt $8.4T. We need to use Scientific notation again because the debt ceiling was just raised to 1.2X10^13!
 
The delusional far right continues to dismay, amaze, and astound.

We are spending Bush's last budget, guys. Obama et al have been making the Dems budget for next year. You guys broke the economy, and that is what mainstream of America believes.

You are not getting back in power.
 
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.

Another sign is when they abhor the very regulation that requires transparency and honesty in business. also, when they fail to realize that the problem was that the regulations weren't enforced.

Double-edged swords: You must be careful when swinging them.
 
The delusional far right continues to dismay, amaze, and astound.

We are spending Bush's last budget, guys. Obama et al have been making the Dems budget for next year. You guys broke the economy, and that is what mainstream of America believes.

You are not getting back in power.

Do you know how much is the deficit of 2010 ?
1 trillion, that's with a T

2011 ?
700 billion
:eusa_hand: should i continue ?
 
The delusional far right continues to dismay, amaze, and astound.

We are spending Bush's last budget, guys. Obama et al have been making the Dems budget for next year. You guys broke the economy, and that is what mainstream of America believes.

You are not getting back in power.

You mean like the idiots on the left?

You'll know when the far right arrive - you'll hear the sound of jackboots marching and shouts of 'Sieg Heil'. Idiot.
 
xÞx;1644280 said:
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.

Another sign is when they abhor the very regulation that requires transparency and honesty in business. also, when they fail to realize that the problem was that the regulations weren't enforced.

Double-edged swords: You must be careful when swinging them.

This is EXACTLY why the economy fell after the Democrats took over. The only economy they understand is: Mo' N Bigger Gubbamint!
 
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.

Greed?

You think the economy runs on greed and seek to punish free enterprise and that is why the Capital Markets reacted with such immediate terror when Democrats got control of Congress.

Do you see why that happened? Do you see why your fundamental economic ignorance coupled with the power of the Federal government is so so so terrifying?
 
Reasons the Libruls give for the economic collapse of 2008: Greed and Lack of Regulation.

Do you see why the Capital Markets are terrified of America run by Dumbocrats?
 
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The delusional far right continues to dismay, amaze, and astound.

We are spending Bush's last budget, guys. Obama et al have been making the Dems budget for next year. You guys broke the economy, and that is what mainstream of America believes.

You are not getting back in power.

You mean like the idiots on the left?

You'll know when the far right arrive - you'll hear the sound of jackboots marching and shouts of 'Sieg Heil'. Idiot.

Really? In your not so humble opinion. In mine, they arrived, wrapped an American Flag and carrying a Cross (a few carrying the Star of David). Want names?
Cheney
Libby
Wolfowitz
Kristol
Bush x3
Rumsfeld
Norquist
Palin
Delay
Graham
...
 
The delusional far right continues to dismay, amaze, and astound.

We are spending Bush's last budget, guys. Obama et al have been making the Dems budget for next year. You guys broke the economy, and that is what mainstream of America believes.

You are not getting back in power.

Do you know how much is the deficit of 2010 ?
1 trillion, that's with a T

2011 ?
700 billion
:eusa_hand: should i continue ?

How much of that 300B increase was interest and spending approved by other presidents?
 
xÞx;1644280 said:
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.

Another sign is when they abhor the very regulation that requires transparency and honesty in business. also, when they fail to realize that the problem was that the regulations weren't enforced.

Double-edged swords: You must be careful when swinging them.

This is EXACTLY why the economy fell after the Democrats took over. The only economy they understand is: Mo' N Bigger Gubbamint!


Because people like me warn against both extremes?
 
the facts.



deficit-or-surplus.gif
 

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