What happened to all of the doom and gloom economic threads?

[koalabear]

Who's talking to you, Petunia?

No need to prove my post correct.

 

[unregistered]

 

[bra_man69]

http://cache.blippitt.com/wp-content/uploads/2011/04/Obama-2012-Parody-Video.gif

 

[4est_4est_Gump]

Futures are UP!!!



They're so good that they're in red to draw attention to them!

100.00

 

[phrodeau]

Who's talking to you, Petunia?

It's those big ears. He thinks all sorts of things are talking to him.

 

[richard_daily]

It's always just Obama? Congress gets a free pass all the time? Who has the purse power, did they change the rules when I was out taking a walk?

In the wingnut mind, Congress only is at fault when a Republican is in the oval office, and the democrats are power otherwise...

When it's reversed, suddenly, that logic goes out the window.

It's strange how that works.

 

[koalabear]

Stocks dive on Europe worries

 

[ivantheterrible]

and 1 in 7 americans are on foodstamps. yeah, things are juuuuuuust fine.

 

[koalabear]

Stocks take another beating

 

[unregistered]

 

[unregistered]

 

[koalabear]

Who woulda thought?????

Study: More Than Half a Trillion Dollars Spent on Welfare But Poverty Levels Unaffected
“The vast majority of current programs are focused on making poverty more comfortable … rather than giving people the tools that will help them escape poverty.”


(CNSNews.com) – The federal government is not making much headway reducing poverty despite spending hundreds of billions of dollars, according to a study by the libertarian Cato Institute.

Despite an unprecedented increase in federal anti-poverty spending, the national poverty rate has not declined, the study finds.

“ince President Obama took office [in January 2009], federal welfare spending has increased by 41 percent, more than $193 billion per year,” the study says.


Study Here:

http://www.cato.org/pubs/pas/PA694.pdf

Bigger unemployment checks needed.

 

[pete]

In the wingnut mind, Congress only is at fault when a Republican is in the oval office, and the democrats are power otherwise...

When it's reversed, suddenly, that logic goes out the window.

It's strange how that works.

hahaha

isn't it strange how democrats and liberals neeeeeeeeever do that

 

[4est_4est_Gump]

It's all fine.




It's only Spain swirling down the drain...

 

[unregistered]

 

[4est_4est_Gump]

The inside of the bowl has been "Greeced."

Maybe Dick can explain to us how Clinton gets all the credit; the Republican Congress does not?

Bush gets all the blame; the Democrat Congress gets a pass...

 

[unregistered]

 

[4est_4est_Gump]

The Clinton economy was a product of Ronald Reagan as well.

Trickle DOWN does NOT work!



The Wealth of a Nation works best trickle-down. A Republic and an Economy work best trickle-up. A Socialist believes just the opposite.
A_J, the Stupid

(An Economy is the set of all transactions. Government is mutual cooperation for successful transacting. Wealth is the outcome of successful transactions.)

 

[4est_4est_Gump]

Bailouts...

In January 2008, President George W. Bush was scrambling to bolster the American economy. The subprime mortgage industry was collapsing, and the Dow Jones industrial average had lost more than 2,000 points in less than three months.

House Minority Leader John A. Boehner became the Bush administration’s point person on Capitol Hill to negotiate a $150 billion stimulus package.

In the days that followed, Treasury Secretary Henry M. Paulson Jr. made frequent phone calls and visits to Boehner. Neither Paulson nor Boehner would publicly discuss the progress of their negotiations to shore up the nation’s financial portfolio.

On Jan. 23, Boehner (R-Ohio) met Paulson for breakfast. Boehner would later report the rearrangement of a portion of his own financial portfolio made on that same day. He sold between $50,000 and $100,000 from a more aggressive mutual fund and moved money into a safer investment.

The next day, the White House unveiled the stimulus package.

Boehner is one of 34 members of Congress who took steps to recast their financial portfolios during the financial crisis after phone calls or meetings with Paulson; his successor, Timothy F. Geithner; or Federal Reserve Chairman Ben S. Bernanke, according to a Washington Post examination of appointment calendars and congressional disclosure forms.

The lawmakers, many of whom held leadership positions and committee chairmanships in the House and Senate, changed portions of their portfolios a total of 166 times within two business days of speaking or meeting with the administration officials. The party affiliation of the lawmakers was about evenly divided between Democrats and Republicans, 19 to 15.

http://www.washingtonpost.com/polit...ials/2012/06/24/gJQAnQPg0V_story.html?hpid=z1

19-15, but the minority leader gets named above the fold...



No media bias!

 

[4est_4est_Gump]

The country of Cyprus has joined the members of Europe looking for a financial bailout. Cyprus asked for help from the European Financial Stability Facility or its successor, the European Stability Mechanism.

http://www.breitbart.com/Big-Peace/2012/06/25/Cyprus-Asks-for-Bailout


I'm Hungary for some French-fried €PIIGS with a side of Cyprus!
A_J, the Incredulous

 

[RobDownSouth]

http://www.breitbart.com/Big-Peace/2012/06/25/Cyprus-Asks-for-Bailout


I'm Hungary for some French-fried €PIIGS with a side of Cyprus!
A_J, the Incredulous

Two years ago you were lecturin' us daily about the poor economy of the United States.

Can't do that any longer, can you Chief?

Now you're reduced to babbling about Cyprus.

Final Score: America 1, AJ 0

 

[koalabear]

Stocks struggle on economy worries

Consumer confidence slips, while home prices rise in most major US cities. Worries over Europe's debt crisis persist as Spanish borrowing costs soar. News Corp. may split up.

 

[unregistered]

 

[4est_4est_Gump]

Obama gets credit.


It was Bush who drove down consumer confidence again...

 

[richard_daily]

The Echo Chamber is loud in here this morning, yet the voices still sound so tiny.