Obama the record setter

[Freewill]

Classic rightwing propaganda tactic. Arbitrarily pick a number that GDP hasn't exceeded in the past 10 years, pretend that it's somehow a significant benchmark,

and then blame it on Obama.

I don't know whom your are accusing but if being done it matches up with liberal theology.

Like the liberal theology of saying that the US lost the Iraq war. Apparently the standard for winning the Iraq war was something other then achieving all goals in a short period of time and establishing a lasting democracy.

 

[Timmy]

Classic rightwing propaganda tactic. Arbitrarily pick a number that GDP hasn't exceeded in the past 10 years, pretend that it's somehow a significant benchmark,

and then blame it on Obama.

Who should we blame it on? Bush?

Why are you blaming it on Obama specifically?

who has been the president for the last 7 years?

And yet you blame him for the last 10years .

 

[Mac1958]

We're not going to fully or honestly understand the true level of global contagion from the most complicated financial meltdown in history for a while.

Until then, this stuff is just political catnip.
.

Really? After 8 years, we still don't know? Who is still trying to figure it out? In 8 years it couldn't be figured out so action could be taken? That is scary. What is maybe worse is that action was taken.

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Let me know, I'll write a freakin' book.
.

 

[Freewill]

Sub 3% growth is a disaster. IT is the reason recent college grads are living in mom's basement unable to find more than a part time job and posting on this forum. It is the reason people are putting off getting married and having children. It is stagnation and loss of status in the world. And it is all due to Obama's policies, which have penalized success and supplemented failure. He is the POTUS: Piece of Totally Useless Shit.

It goes further then Obama, the "free" trade agreements are doing exactly as predicted. That is just one huge factor for the working middle/lower class.

 

[billyerock1991]

A few things to note. The down turn in 2008 looks like a lot of other downturn from 1930, except for the recovery, there really isn't any, and that is all democrats.

U.S. Has Record 10th Straight Year Without 3% Growth in GDP

really then who had the house sense4 2010 that would be the republicans its funny when republicans try to spin the facts then blame a dem for the mess

 

[Freewill]

We're not going to fully or honestly understand the true level of global contagion from the most complicated financial meltdown in history for a while.

Until then, this stuff is just political catnip.
.

Really? After 8 years, we still don't know? Who is still trying to figure it out? In 8 years it couldn't be figured out so action could be taken? That is scary. What is maybe worse is that action was taken.

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

 

[Freewill]

A few things to note. The down turn in 2008 looks like a lot of other downturn from 1930, except for the recovery, there really isn't any, and that is all democrats.

U.S. Has Record 10th Straight Year Without 3% Growth in GDP

really then who had the house sense4 2010 that would be the republicans its funny when republicans try to spin the facts then blame a dem for the mess

OK, let me understand. Any recovery is due to Obama's leadership, he gets the credit. Any downturn is the Republicans fault. Ok now we know the parameters.

 

[Freewill]

A few things to note. The down turn in 2008 looks like a lot of other downturn from 1930, except for the recovery, there really isn't any, and that is all democrats.

U.S. Has Record 10th Straight Year Without 3% Growth in GDP

really then who had the house sense4 2010 that would be the republicans its funny when republicans try to spin the facts then blame a dem for the mess

So you thoughts are that whomever is in control of the Congress responsible for economic down turns? How about whomever is in control of both Houses? Are they too responsible for economic down turns? Especially ones that look as if they could have been avoided?

 

[Mac1958]

We're not going to fully or honestly understand the true level of global contagion from the most complicated financial meltdown in history for a while.

Until then, this stuff is just political catnip.
.

Really? After 8 years, we still don't know? Who is still trying to figure it out? In 8 years it couldn't be figured out so action could be taken? That is scary. What is maybe worse is that action was taken.

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

I didn't say I have no idea what happened. I said we don't yet know the full extent of the damage or its long term ramifications, and we probably won't for a while.

The US was definitely the epicenter of the Meltdown, but because the global economy is so symbiotic, every advanced country was, and is, adversely affected.

Yes, I'm worried about the contagion too. What I'm seeing, however, is a lot of partisan slap-fighting and finger-pointing that does nothing to address it.
.

 

[The Rabbi]

Sub 3% growth is a disaster. IT is the reason recent college grads are living in mom's basement unable to find more than a part time job and posting on this forum. It is the reason people are putting off getting married and having children. It is stagnation and loss of status in the world. And it is all due to Obama's policies, which have penalized success and supplemented failure. He is the POTUS: Piece of Totally Useless Shit.

Bush vs. Obama who's policy's were better for America?

Bush, hands down.

 

[The Rabbi]

We're not going to fully or honestly understand the true level of global contagion from the most complicated financial meltdown in history for a while.

Until then, this stuff is just political catnip.
.

Really? After 8 years, we still don't know? Who is still trying to figure it out? In 8 years it couldn't be figured out so action could be taken? That is scary. What is maybe worse is that action was taken.

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

I didn't say I have no idea what happened. I said we don't yet know the full extent of the damage or its long term ramifications, and we probably won't for a while.

The US was definitely the epicenter of the Meltdown, but because the global economy is so symbiotic, every advanced country was, and is, adversely affected.

Yes, I'm worried about the contagion too. What I'm seeing, however, is a lot of partisan slap-fighting and finger-pointing that does nothing to address it.
.

Let's back up here. What we are seeing is not the effect of the metldown per se but the effects of policies enacted because of it. Dodd Frank was enacted in direct response to the meltdown. And it has achived its purpose in turning banks into essentially gov't monopolies. This has stifled innovation and dynamism in the economy. A nd that is merely one example. The moral hazard of too big to fail has been enshrined in law and figures into many calculations. GM's sham bankruptcy and creditor screw still plays in people's minds.
But the meltdown was not felt in every country. Israel managed to avoid it, thanks in large part to the brilliant Bank of Israel President who now sits on the Fed. Germany was far less affected than other countries in part because it refused to engage in the wholesale monkeying with the economy the US did.
The main issue is slow to no growth caused by gov't policies. Zero interest rates have failed to move that, and negative ones won't do any better.

 

[Freewill]

We're not going to fully or honestly understand the true level of global contagion from the most complicated financial meltdown in history for a while.

Until then, this stuff is just political catnip.
.

Really? After 8 years, we still don't know? Who is still trying to figure it out? In 8 years it couldn't be figured out so action could be taken? That is scary. What is maybe worse is that action was taken.

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

Well, okay, maybe you're right. I'm in the business, and we think that the contagion is still playing out, but maybe you know.

I don't know a damn thing about why it happened, it isn't my job, it is YOUR job as far as I understand. I have opinions but that is about it. I hired a financial adviser to tell me what went wrong and what to do. If you are telling me he and you have no real idea then what in the hell are we paying you for? I could make guesses in the stock market and do as well as he is doing.

So in your opinion, what has been the global macro effect of the Meltdown, why are credit markets around the world still so mangled, and when did the contagion stop being a factor in financial markets?

Again, I worked in maintenance and operations my entire life, I am not an expert on the economy. Interesting you said "what are the effects" instead of "what were the causes." Apparently something went on to cause a global meltdown. The question, which would seem to be an easy one to answer is, did the US drag down the rest of the world or did they all fall together? If the former then that isolates the question to the US. If the later that does make it harder but not impossible to determine. I don't see what is going to change to make people understand, or maybe that is the way "they" want it.

What you are saying about a contagion is what worries me. It is like saying that people are dying but in 8 years we don't know why.

I'll fall back on what my Father told me 50 years ago. He said that every once in awhile the rich take back their money. That to me seems to be exactly what happened. If we are waiting for that to be the answer found, I think we will still be waiting 8 years from now.

Let me know, I'll write a freakin' book.

I am not sure what set you undies on fire. I just think that after 8 years the wonderment would be gone. It seems that books have already been written. Here is an article that may be of interest to you.

What Caused the Financial Crisis & Recession? | Positive Money

I didn't say I have no idea what happened. I said we don't yet know the full extent of the damage or its long term ramifications, and we probably won't for a while.

The US was definitely the epicenter of the Meltdown, but because the global economy is so symbiotic, every advanced country was, and is, adversely affected.

Yes, I'm worried about the contagion too. What I'm seeing, however, is a lot of partisan slap-fighting and finger-pointing that does nothing to address it.
.

I provided you with a link: What Caused the Financial Crisis & Recession? | Positive Money

It might be too simple of an explanation for you, being a professional as you like to point out. But for me it makes the situation very easy to understand and there are no politics involved.

Maybe using that site for a reference, has the US done anything to stop this from happening again? I already see a housing bubble forming.

 

[g5000]

What a odd cherry picked stat?!

Indeed.

 

[g5000]

 

[g5000]

We've been on a downward trend since 1959.

I blame Obama.

 

[BluesLegend]

That's libtard economics for you.

 

[Freewill]

What a odd cherry picked stat?!

Indeed.

A chart of the US GNP adjusted to 2009 dollars over the last 86 years is cherry picking? Really?

 

[Freewill]

We've been on a downward trend since 1959.

I blame Obama.

Cherry picked or ass picked?

 

[g5000]

 

[g5000]

The number one threat to the US is the federal debt. It's a bigger threat than the Muslims in your closet, the Mexicans under your bed, the homosexuals in your cake, and the Ebola in your toothpaste, combined.

Now I know how much you retards like to blame the other other guy, or the other party, for this problem, and that's just how your puppet masters want you to think, as they steal more and more from you and your future.

Divide and conquer.

Don't be such saps.