The u.s. Economy/October 2014

Obama has regulated Wall St, would like to do more,

Oh crap, now THAT is funny!
So you haven't hear of Dem Wall St. regulation, and Pub obstruction of it? lol Read something, chump of the greedy idiot rich...

Heard of? I had the lovely chore of reading many of those regulations in their entirety...not to mention observe the "negotiations" that edited them. Funny thing, most of them were written by Streeters! Krony Kapitalist Korruption is a bi-partisan disease, sweetie.
And guess which party is worse, hands down, forever?
 
Obama has regulated Wall St, would like to do more,

Oh crap, now THAT is funny!
So you haven't hear of Dem Wall St. regulation, and Pub obstruction of it? lol Read something, chump of the greedy idiot rich...

Heard of? I had the lovely chore of reading many of those regulations in their entirety...not to mention observe the "negotiations" that edited them. Funny thing, most of them were written by Streeters! Krony Kapitalist Korruption is a bi-partisan disease, sweetie.
And guess which party is worse, hands down, forever?

all of them
 
Search Results
Obama Wall Street Reform - Huffington Post
www.huffingtonpost.com/.../obama-wall-street-refor...
The Huffington Post
WASHINGTON -- Passage of a sweeping overhaul of Wall Street regulations in .... Obama Slams GOP For Obstructing Wall Street Reform, Being Out Of Touch ...
Republicans And Some Democrats Are Quietly Rolling Back ...
Republicans And Some Democrats Are Quietly Rolling Back Obama s Wall St. Regulations
Jun 15, 2013 - Over the past two weeks, Republicans, with the help of a number of ... And Some Democrats Are Quietly Rolling Back Obama's Wall St. Regulations .... several job bills that President Obama stood on the sideline to obstruct.
Business and Wall Street Agree: Republicans Are Killing the ...
Business and Wall Street Agree Republicans Are Killing the Economy
3 days ago - According to recently released reports, both “Wall Street and Main Street ... congressional Republicans have obstructed and outright blocked each and ... wages, not taxes or regulations, are damaging their businesses; 88% of all ... banks, and Wall Street have endorsed President Obama and Democrats' ...
Who Caused the Economic Crisis? - FactCheck.org
Who Caused the Economic Crisis
FactCheck.org
Oct 1, 2008 - Gramm's legislation had broad bipartisan support and was signed into law by ... Republicans, who controlled the Senate at the time, did not bring the bill forward for a vote. ... Experts have cited everyone from home buyers to Wall Street, ... 30, saying "Obama was notably silent" while Democrats blocked ...
 
145 IQ, Masters in History, retired teacher, businessman, dingbat.

Ah, a pecker size contest. 142 IQ, Masters in History, US Marine, former elected politician, US Senate aide, local public safety director and board member of various organizations, as well as a certified Law Enforcement firearms instructor, HAM radio operator and currently a semi-retired business owner. I also fart - nasty fuckers too, which is the kicker that makes my pecker bigger.
 
Search Results
Obama Wall Street Reform - Huffington Post
www.huffingtonpost.com/.../obama-wall-street-refor...
The Huffington Post
WASHINGTON -- Passage of a sweeping overhaul of Wall Street regulations in .... Obama Slams GOP For Obstructing Wall Street Reform, Being Out Of Touch ...
Republicans And Some Democrats Are Quietly Rolling Back ...
Republicans And Some Democrats Are Quietly Rolling Back Obama s Wall St. Regulations
Jun 15, 2013 - Over the past two weeks, Republicans, with the help of a number of ... And Some Democrats Are Quietly Rolling Back Obama's Wall St. Regulations .... several job bills that President Obama stood on the sideline to obstruct.
Business and Wall Street Agree: Republicans Are Killing the ...
Business and Wall Street Agree Republicans Are Killing the Economy
3 days ago - According to recently released reports, both “Wall Street and Main Street ... congressional Republicans have obstructed and outright blocked each and ... wages, not taxes or regulations, are damaging their businesses; 88% of all ... banks, and Wall Street have endorsed President Obama and Democrats' ...
Who Caused the Economic Crisis? - FactCheck.org
Who Caused the Economic Crisis
FactCheck.org
Oct 1, 2008 - Gramm's legislation had broad bipartisan support and was signed into law by ... Republicans, who controlled the Senate at the time, did not bring the bill forward for a vote. ... Experts have cited everyone from home buyers to Wall Street, ... 30, saying "Obama was notably silent" while Democrats blocked ...

So if I quoted FOX you'd accept it?
 
  • Republicans block Wall Street reform bill | TheHill
    thehill.com/homenews/senate/94485-gop-blocks-wall-st-bill
    The Hill

    Apr 27, 2010 - Senate Republicans held ranks on Monday and blocked a Democratic... office, the power to dissolve a failing financial firm and new regulations on the ...percent trust Obama more than GOP lawmakers to regulate Wall Street.
  • Republicans tout campaign to blunt Obama's executive ...
    thehill.com/regulation/administration/192372-gop-unrepentant-f...
    The Hill

    Dec 8, 2013 - Leading the GOP charge against Obama's regulatory policies is ... by the Affordable Care Act and the Dodd-Frank Wall Street reform law.
 
obviously Michigan has been struggling for a LONG time.. since before the 2008/09 thingy.. but, JEEEZUZZZZ when do we SEE something/ANYTHING in the way of an Economic Recovery????
 
Actually, the continuing ruin of the nonrich by Reaganism. Reagan may have been 30 years ago, but his tax rates and policies are still in effect....taxes too low on the bloated rich and giant corps, too high on everyone else, as payroll taxes, state and local taxes and fees have risen to try and make up for too low federal taxes. Defended to the death by greedy idiot Pubs and silly hater dupes.

The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg image
2 – Congratulations to Emmanuel Saez The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis BEA
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB Z.1 Release--Financial Accounts of the United States--September 18 2014
5/6 = Wealth And Inequality In America - Business Insider

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
 

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