WHY is the DJIA crashing?

[elvis]

but Obama was supposed to rescue us. we all had the audacity of hope and stuff..

Yeah right. Only fools believe what politicians say.

Would have been no different had McCain been elected.

THIS is what they don't grasp.

What, do you think POTUS elects to flip the "Recession switch" on or off?

We're amid a deep crisis here... An economy that has experienced a massive contraction.

As quickly as you all can point a finger at Obama - How come your new Republican House hasn't fixed anything yet?

Sit tight. We're in this thing for the loooong haul.

no. he can't flip the switch. but hacks on here want to give Obama all the credit when things go well. and they blame the republicans when they go wrong. Same is true in reverse.

 

[BDBoop]

I heard jobs, jobs, nothing but jobs, where are the jobs - then the R's got in the house, and not a freakin peep out of the lot of 'em. Oh, they're blocking shit right and left! Obstruction is their middle name. No jobs. Not as long as it's possible it could reflect well on the president.

 

[elvis]

He sure did....

Another example of Obama buckling to the minority Republicans. He should have seen what would happen. Following TeaTard policies causes an economic collapse

So you're saying 0bama is a *****?

Well, he doesn't care - as long as he can count on your vote...

Absolutely, Obama is a *****. He backs down every time the Republicans threaten to push the country off a cliff

It didn't have to come to this. he could have let the tax cuts expire in January. And the only reason the republicans pushed this hard is because they knew your ossiah was a ******* pansy who could be pushed.

 

[Avorysuds]

Boehner said they got 98% of what they wanted in the debt ceiling deal...

...this market reaction, I guess, is an acknowledgement of that.

Lol, SO what is it NY, did Boehner get 98% of what he wanted in the deal or did the TP get a possible 2% of what they want? The TP put up a balanced budget with a surplus in 5 years, what % of that is in the bill Obama, Reid and Boehner passed?

You flip flop more than McCain lol.

He is a partisan hack, and is just repeating the Talking points like a good little soldier. His Orders are clear. 4 the Next 16 Months he is to blame our collapse on the House, and claim that Obama could have fixed it all if it was not Republicans.

Fact is Neither side got anywhere near what they wanted in the deal, The Deal is essentially a punt, and that is the problem.

Obama and his pals in the media convinced Americans that all we needed to do is raise the debt limit and disaster would be averted. Of course that is not the truth. Although not yet, it is still very likely our Credit rating will be downgraded. You simply can not borrow the amount of money we are, while your economy is not producing, and expect that the people that lend the money, will not start to worry, and see you as not such a great investment. You do not have to be an economist to do the simple math and see there is a serious Problem, and half measures and promises of Cuts later will not fix it.

I don't think Obama and the media convinced the public that we had to raise the debt ceiling or else our credit rating would be downgraded alone... People for the most part, even RW/TM/Swallow knew that the bills Dems/Obama/Reps put up would prolly put us in a downgrade on our credit. They also knew that the Tea Party actually put up a balanced budget so of course when all is said and done why attack who caused the problem when they can try and place ALL the blame on the Tea Party lol.

It's funny stuff because if their life depended on it they couldn't prove the tea part had anything to do with the bill that passed, hence the TP voting against it when Dems/Reps and Obama himself all gave it thumbs up!

 

[rightwinger]

I heard jobs, jobs, nothing but jobs, where are the jobs - then the R's got in the house, and not a freakin peep out of the lot of 'em. Oh, they're blocking shit right and left! Obstruction is their middle name. No jobs. Not as long as it's possible it could reflect well on the president.

They are killing jobs by cutting spending. Where are all those jobs from the sacred Republican tax cuts?

 

[Avorysuds]

He sure did....

Another example of Obama buckling to the minority Republicans. He should have seen what would happen. Following TeaTard policies causes an economic collapse

So you're saying 0bama is a *****?

Well, he doesn't care - as long as he can count on your vote...

Absolutely, Obama is a *****. He backs down every time the Republicans threaten to push the country off a cliff

And yet you will 100% vote for him, or at least you said you would...

Get a clue RW, Obama wanted the Bush era tax cutrs, he wanted the shitty budget, he wanted a shit version of Obamacare... How many times does Obama have to cave in (every ******* time is not enough LOL!?) before you question what Obama really wanted...

It's all a BS game man, talk shit about something knowing it will get to his desk, then pass it and pretend it was the MINORITY IN THE HOUSE THAT FORCED YOU LOL! In the case of the debt ceiling it was the MINORITY of the Republicans in the house that caused Obama to cave, LOLOLOLOZ~

 

[BDBoop]

i heard jobs, jobs, nothing but jobs, where are the jobs - then the r's got in the house, and not a freakin peep out of the lot of 'em. Oh, they're blocking shit right and left! Obstruction is their middle name. No jobs. Not as long as it's possible it could reflect well on the president.

they are killing jobs by cutting spending. Where are all those jobs from the sacred republican tax cuts?

btsoom.

 

[elvis]

I heard jobs, jobs, nothing but jobs, where are the jobs - then the R's got in the house, and not a freakin peep out of the lot of 'em. Oh, they're blocking shit right and left! Obstruction is their middle name. No jobs. Not as long as it's possible it could reflect well on the president.

They are killing jobs by cutting spending. Where are all those jobs from the sacred Republican tax cuts?

the tax cuts your ossiah had the power to let expire in January and didn't?

 

[rightwinger]

So you're saying 0bama is a *****?

Well, he doesn't care - as long as he can count on your vote...

Absolutely, Obama is a *****. He backs down every time the Republicans threaten to push the country off a cliff

It didn't have to come to this. he could have let the tax cuts expire in January. And the only reason the republicans pushed this hard is because they knew your ossiah was a ******* pansy who could be pushed.

No disagreement here

 

[Toro]

Kidding about what?

The market took a nose dive this week.

And it's not because they were tickled pink about what happened in Congress.

Some of it was Europe..but most of it was due to austerity measures.

Most of it isn't due to austerity measures, though some may be. This is about a slowing economy, particularly the revisions downward, and the problems in Europe.

 

[Avorysuds]

I heard jobs, jobs, nothing but jobs, where are the jobs - then the R's got in the house, and not a freakin peep out of the lot of 'em. Oh, they're blocking shit right and left! Obstruction is their middle name. No jobs. Not as long as it's possible it could reflect well on the president.

They are killing jobs by cutting spending. Where are all those jobs from the sacred Republican tax cuts?

Where are all the jobs for the Trillions the sacred Obama spent? You know, back when it was just Obama and a Dem Senate/House… I guess they needed more power, somehow….?

Gawd you're a ******* idiot lol. It's crazy to see how you truly hope people have a short term memory, either that or you have an incredibly short term memory.

 

[elvis]

Kidding about what?

The market took a nose dive this week.

And it's not because they were tickled pink about what happened in Congress.

Some of it was Europe..but most of it was due to austerity measures.

Most of it isn't due to austerity measures, though some may be. This is about a slowing economy, particularly the revisions downward, and the problems in Europe.

Why is the economy slowing? Is this the next part of the W-shaped recovery?

 

[Cuyo]

So you're saying 0bama is a *****?

Well, he doesn't care - as long as he can count on your vote...

Absolutely, Obama is a *****. He backs down every time the Republicans threaten to push the country off a cliff

It didn't have to come to this. he could have let the tax cuts expire in January. And the only reason the republicans pushed this hard is because they knew your ossiah was a ******* pansy who could be pushed.

While you are absolutely right... Must you say ossiah? Really dude? His "Ossiah?"

 

[elvis]

Absolutely, Obama is a *****. He backs down every time the Republicans threaten to push the country off a cliff

It didn't have to come to this. he could have let the tax cuts expire in January. And the only reason the republicans pushed this hard is because they knew your ossiah was a ******* pansy who could be pushed.

While you are absolutely right... Must you say ossiah? Really dude? His "Ossiah?"

Alright. I know you hate that word. But he continues to make excuses for him.

 

[elvis]

For women, it's the c-word. For Cuyo, it's the o-word.

 

[hellofromwarsaw]

Time Magazine: "Tea Party , which will not compromise, is Un-American."- goes for Pubs too, and a gd disaster for the world.

 

[Sallow]

So, what you are saying, is it actually says in the constitution that it is the Job of Congress to always raise taxes, and never lower them?

lol

Well..either that..or shrink the population and give up terroritory.

What do you think we should do?

Eh?

Who are you - the King of the False Dichotomy?

I can think of some other otomies.....

King of what false Dichotomy.

Simple fact. You grow as a country..the government has to grow along with it.

Or are you thinking we should go back to muskets, wooden ships with sails and cannon to defend our borders?

 

[Avorysuds]

Well..either that..or shrink the population and give up terroritory.

What do you think we should do?

Eh?

Who are you - the King of the False Dichotomy?

I can think of some other otomies.....

King of what false Dichotomy.

Simple fact. You grow as a country..the government has to grow along with it.

Or are you thinking we should go back to muskets, wooden ships with sails and cannon to defend our borders?

Simple fact, our Government has out grown the population... hence the 1.6 Trillion dollar deficit… Even with tax increases you wouldn’t close but maybe 1/10th of that… Man swallow, you own yourself near every post.

 

[Toro]

Kidding about what?

The market took a nose dive this week.

And it's not because they were tickled pink about what happened in Congress.

Some of it was Europe..but most of it was due to austerity measures.

Most of it isn't due to austerity measures, though some may be. This is about a slowing economy, particularly the revisions downward, and the problems in Europe.

Why is the economy slowing? Is this the next part of the W-shaped recovery?

Tsunami, nuclear melt-down, end of stimulus, problems in Europe, dumbasses in DC. etc. But we are in a balance sheet recession, where growth is structurally anemic. There is simply too much supply, and we must work through it. We are living through the aftermath of one of the greatest asset bubbles of all time. There has to be some pain before this gets resolved. This can't be resolved by a few simple policies. It doesn't matter what the policies are or who is in power (though some policies are definitely better than others). This is the nature of a balance sheet recession.

 

[Sallow]

I heard jobs, jobs, nothing but jobs, where are the jobs - then the R's got in the house, and not a freakin peep out of the lot of 'em. Oh, they're blocking shit right and left! Obstruction is their middle name. No jobs. Not as long as it's possible it could reflect well on the president.

Actually..that's sort of incorrect.

They've been killing jobs.

The FAA was just an example.

Less money is going to states..they are firing LEO, Firemen and Teachers.

In NYC we were able to keep things stable..for the most part..but manpower in certain areas, like Sanitation, are at historic lows. And it's having an affect.