Sean Hannity: The economy has stablizied

Discussion in 'Congress' started by DavidS, Oct 22, 2008.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    Meanwhile the DOW dropped over 500 points today, Yahoo! cut 1500 jobs yesterday, there's a new wave of massive foreclosures about to hit the market, GM plants are shutting down left and right, GM and Chrysler merger talks are going to wipe out tens of thousands of jobs, Asia and European markets are in the tank and yet Sean Hannity seems to think the economy has stablized.

    He's just saying this so you'll vote for McCain because he knows that if the economy doesn't somehow rebound to 1999 levels in the next 12 days, McCain will lose.
     
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  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    I think the "bottom" will be somewhere around 6000-6500.
     
  3. Modbert
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    Modbert Daydream Believer Supporting Member

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    We can only hope that's how it will go if it gets extremely bad. I say it bottoms out lower then that though.
     
  4. Diuretic
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    Diuretic Permanently confused

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    The stock exchange isn't the economy, it's the casino down the road from the factory. The factory is where the real economy is.

    Hannity is a dickhead anyway, who the fuck would listen to what twat has to say about anything?
     
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  5. elvis
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    elvis BANNED Supporting Member

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    there are many. to me, he's much worse than rush. makes me think of the movie "Talk Radio"
     
  6. Jon
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    Jon The CPA

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    I've come to the conclusion that only Democrats listen to Limbaugh, O'Reilley, and Hannity, and only Republicans listen to Olbermann.
     
  7. newpolitics
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    newpolitics vegan atheist indy

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    It's like with Howard Stern when he first started on the radio and years after, when people who hated him, listened to him MORE because they wanted to see what he would say next. I think it's a strange phenomenon. I find myself wanting to watch Hannity even though I can't stand him, because he really riles me up and makes me mad. Also, I like to see what the other side, or at least their pundits, are saying and thinking.
     
  8. SwingVoter
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    SwingVoter VIP Member

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    Nikkei's down 6% this morning, and Amazon warned after hours.

    But I do think we'll rally in Nov if Obama wins. Not about ideology, but leadership, and Mac just doesn't have it when it comes to economic issues.
     
  9. DavidS
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    DavidS Anti-Tea Party Member

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    Amazon.com is down 14% in afterhours trading.

    For some reason, DOW futures are up $81. I can no sooner understand this market than I could understand what Rush Limbaugh's wife sees in him.

    I think we're going to see an up market today and then on Friday when OPEC cuts production of oil by 3 million barrels, the market will crash and close below 8000.
     
  10. oreo
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    oreo Gold Member Supporting Member

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    I haven't heard Hannity say that--do you have a source? The fact is that this recession is pointed to two basic points. All financial collapes leads right to Fannie & Freddie--brought on by democrats on Sept. 30, 1999 in a New York Times article "Fannie eases credit requirements for mortgage loans". With the very liberal democrat premise, in which they pressured banks to loan money out to people who could not pay it back. Not only that--democrats on all banking committees, in unison voted against tighter regulations at every single opportunity, & after being warned time & time again, while republicans on banking committees voted for tighter regulations. FACT--look up the article.

    Then $4.00 per gallon gasoline put this economy in the tank. While Barack Obama stated he didn't mind $4.00 per gallon gasoline & told us to get some tire pressure gauges to conserve--& was & still is against all off-shore drilling for new sources--he actually stated: It's not that I mind $4.00 per gallon gasoline, I just think the price per gallon went up too fast.

    Nope--we're in this recession for a long time. New construction in the housing market has been in one for at least a year. That's a lot of jobs that have been lost. Now this financial crisis has become world-wide.

    How do we get out of it? TAX CUTS. Barack Obama's plan to raise taxes on business & corporations will send this country into a very deep depression.

    In fact, if our government would have given us--the American people who actually pay their bills this 700 Billion dollar bail-out, our economy would be going through the roof right now. Instead, they decided to give this money to the exact same people that got us into this mess in the first place.
     

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