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

[Busybody]

Germany: 'Great Uncertainty' About US Debt...


MOODY'S WARNS: US CREDIT RATING COULD BE CUT


Its Bush's fault



http://cubanology.com/Aymee/walthandelsmanTeflonObama.gif

 

[koalabear]

Everyone go buy an Iphone 5!

iPhone 5 could boost GDP 0.5 percent, JP Morgan says


http://bottomline.nbcnews.com/_news...ould-boost-gdp-05-percent-jp-morgan-says?lite

 

[koalabear]

Moody's set to downgrade US without budget deal

 

[Beco]

Moody's set to downgrade US without budget deal

4 more years
lots more tears....

 

[mercury14]

4 more years
lots more tears....

So if there's no budget deal, which requires compromise between parties, it's Obama's fault? Because he's not reaching across the aisle? Even though the GOP is saying no to even a dime of tax hikes on millionaires, even if there's a 10:1 ratio of cuts to tax increases? It's still Obama's fault?

The Democrats have to literally become Republicans or they're guilty of not compromising...

 

[unregistered]

 

[bra_man69]

So if there's no budget deal, which requires compromise between parties, it's Obama's fault? Because he's not reaching across the aisle? Even though the GOP is saying no to even a dime of tax hikes on millionaires, even if there's a 10:1 ratio of cuts to tax increases? It's still Obama's fault?

The Democrats have to literally become Republicans or they're guilty of not compromising...

When you going pull your head out your ass?
He had two years his party controlled congress even then they wouldn't pass his budget.

 

[Sean Renaud]

When you going pull your head out your ass?
He had two years his party controlled congress even then they wouldn't pass his budget.

Actually he had roughly 4 months and even that's not true if you're an honest man.

 

[bra_man69]

Actually he had roughly 4 months and even that's not true if you're an honest man.

Point is the Democrats had control and didn't want pass his bullshit.
so now mercury wants to blame the Republicans when Obama's party done the very same thing.

 

[Balcor44]

.....

 

[RobDownSouth]

Dozens of House passed bills sitting on Reid's desk testify to teh Democrat failure to compromise.

^^^ Notice how Vettelogic requires only Democrats to compromise.

Derp.

 

[unregistered]

 

[bra_man69]

GM is alive -- if by alive you mean dying Abby W. Schachter Last Updated: 9:34 AM, September 11, 2012 Team Obama must be counting on voters believing that the auto bailout was a success because that theme was pushed 150 different times during the Charlotte convention.

Of course, President Obama argued that he'd revivied the American auto industry, and Vice President Biden actually told the crowd "you've heard me saying this for six months, 'Osama bin Laden is dead and GM is alive line for more than six months.

And clearly, in Ohio, which Obama needs to win, pressing the auto bailout success story is a big part of the campaign strategy.

But there is one small problem with this plan: Its a complete fantasy.

The latest evidence comes from a Reuters report that GM is losing money on every single Chevy Volt it builds.

As Matt Vespa points out this means that "for each new Chevy Volt, the taxpayer bailed out company loses what the average American makes in a year."

There are a few other details that mar the auto-bailout-was-worth-it narrative:

1. The Volt is so unpopular that production has been halted for a second time this year (the last time was in March).

2. Even a $7500 government credit for buying the car couldn't get consumer to pony up.

3. The US Treasury says American taxpayers will lose $25 billion on the auto bailout.

4. There were plenty of auto-bailout victims that Democrats ignore, like the 20,000 non-union workers who lost their pensions.

"The non-union workers at GM’s primary parts supplier Delphi...had their pensions terminated by the Obama Administration at the very same time the pensions of their union colleagues were bailed out with taxpayer money.”

GM is simply not the picture of fiscal health.

 

[mercury14]

Dozens of House passed bills sitting on Reid's desk testify to the Democrat failure to compromise.

Which one of them is a compromise involving raising taxes small amount on the wealthiest Americans?

None? Then shut up.

 

[mercury14]

Budget issues only require a simple (51 vote) majority. I believe the Dems have had that since 2007.

That's nice. Except the Republicans have held the House for a while and they're not going to pass a bill with any Democratic compromise.

 

[IrezumiKiss]

http://25.media.tumblr.com/tumblr_ma5t6h7Aii1r9t0f2o1_500.jpg

 

[IrezumiKiss]

http://25.media.tumblr.com/tumblr_ma4v4sXJFy1r9t0f2o1_500.jpg

 

[4est_4est_Gump]

So if there's no budget deal, which requires compromise between parties, it's Obama's fault? Because he's not reaching across the aisle? Even though the GOP is saying no to even a dime of tax hikes on millionaires, even if there's a 10:1 ratio of cuts to tax increases? It's still Obama's fault?

The Democrats have to literally become Republicans or they're guilty of not compromising...

In 2008, The Democrats won a great victory. They won a veto-proof majority and were full of phrases like Don't tell us how to hold the mop, Don't tell us how to get the car out of the ditch and "That's nice Eric, but we won." Then Scott Brown took the Kennedy seat in a nationalized election. Did the Democrats compromise? No, they resorted to dirty tricks to get what they wanted. Fine. Good for them. Politics ain't beanbag.

But then the American people gobsmacked them in the 2010 elections. Boehner, against our objections tried to compromise and Obama and the Democrats did everything he could do to provoke the collapse of the compromise (proving us right in our presaged stand on compromise with thieves) and blame it on the Republicans, knowing the press and his party would back his play to the hilt even as they back his play on Israel even to the point of publicly fighting to keep Tel Aviv as the capitol of Israel (and God out of their platform) during their convention.

This might be working as a tactic, but the Middle Class is hurt the most by the Obama gamesmanship and blaming Republicans instead of leading never fed a single hungry baby or paid a single Chicago teacher their just due...

Obama's Budget was defeated by a solid bipartisan majority.
Harry Reid isn't even bothering to produce a budget.
The Republicans have and the first Democrat negotiation tactic was to produce commercials showing granny being shoved off a cliff.

So stop telling us you want compromise when what you really mean is that you want the Republicans to cave and act like they just lost the last election...

 

[4est_4est_Gump]

http://25.media.tumblr.com/tumblr_ma5t6h7Aii1r9t0f2o1_500.jpg

Prove it.

This Stimulus the Democrats wrested from our defeated fingers was supposed to have unemployment under 6% heading into the election instead of producing the worst workforce participation rate in our history as a nation.

Go find Zandi and build us a model for your Keynesian Pipe Dream.

 

[kbate]

Prove it.

This Stimulus the Democrats wrested from our defeated fingers was supposed to have unemployment under 6% heading into the election instead of producing the worst workforce participation rate in our history as a nation.

Go find Zandi and build us a model for your Keynesian Pipe Dream.

The democrats and the President knew from day 1 that the Jobs act was a DIW bill and they never intended it to pass and become law. It was nothing but a political ploy to grab headlines and turn the republicans in the house into bad guys so the pictured political advertisement could run.

 

[4est_4est_Gump]

The democrats and the President knew from day 1 that the Jobs act was a DIW bill and they never intended it to pass and become law. It was nothing but a political ploy to grab headlines and turn the republicans in the house into bad guys so the pictured political advertisement could run.

And please do not omit the role the Democratic-voting press has to play in this Passion Play.

They, too, are heavily vested in President Obama winning.

Otherwise would be admission of error.
__________________
Don't shoot me! Ahm just the passion play's Player Piano player.
A_J, the Stupid

 

[kbate]

And please do not omit the role the Democratic-voting press has to play in this Passion Play.

They, too, are heavily vested in President Obama winning.

Otherwise would be admission of error.
__________________
Don't shoot me! Ahm just the passion play's Player Piano player.
A_J, the Stupid

I think the press just follows the script; for them it isn't a matter of who is right, left or right or wrong, it is just a matter of who is in the part and what lines they speak and it doesn't matter at all who speaks the lines as long as the right lines are spoken. The press has a Washington that the press understands and that is why no Libertarian or Green or Commie or Constitutionalist or any other third party is allowed more than a bit part in the play. The script calls for Democrat vs. Republican with Democrat For The Working Man and Republican For Big Business, no variations permitted, roll the credits, award the Nobel and Pulitzer and Oscar.

 

[4est_4est_Gump]

I think the press just follows the script; for them it isn't a matter of who is right, left or right or wrong, it is just a matter of who is in the part and what lines they speak and it doesn't matter at all who speaks the lines as long as the right lines are spoken. The press has a Washington that the press understands and that is why no Libertarian or Green or Commie or Constitutionalist or any other third party is allowed more than a bit part in the play. The script calls for Democrat vs. Republican with Democrat For The Working Man and Republican For Big Business, no variations permitted, roll the credits, award the Nobel and Pulitzer and Oscar.

It's not a script as much as a collective way of thinking and not unlike many of our institutions of higher learning, if you're not in tune with the group, then you don't get advanced and if you press Democrats you are soon san career...

If you quietly accept and go along no matter what your feelings are, ultimately you internalize what you're saying, because it's too hard to believe one thing and say another. I can see it very strikingly in my own background. Go to any elite university and you are usually speaking to very disciplined people, people who have been selected for obedience.
Noam Chomsky

 

[4est_4est_Gump]

It's not the American worker, it's not the American employer, it's not the American entrepreneur...,

It's the American Politician!

Interventionists!

D&R alike!

The United States is losing its competitive edge.

So says a new report from the World Economic Forum which found the U.S. slipping in dozens of areas compared with just a few years ago. Perhaps most troubling is the conclusion that since 2008, the United States has slid from No. 1 in the world in "global competitiveness" to No. 7 this year.

Out-ranking America are: Switzerland, Singapore, Finland, Sweden, the Netherlands and Germany.

Sure, it's just a number. But the WEF's ranking takes into account a broad range of factors, from debt to corruption to regulation to red tape to education to health care.

And virtually across the board, the U.S. is falling behind.

"The slide in the global competitiveness report is almost certainly due to ... policy-related factors," James Gwartney, economics professor at Florida State University, told FoxNews.com. Gwartney, with dozens of other institutes, has co-authored a separate report on economic freedom set to be unveiled next week.

Read more: http://www.foxnews.com/politics/201...an-in-global-economic-rankings/#ixzz26Fm3TT5I

 

[kbate]

It's not a script as much as a collective way of thinking and not unlike many of our institutions of higher learning, if you're not in tune with the group, then you don't get advanced and if you press Democrats you are soon san career...

There also exists a vast right wing press who is no less guilty of collective thinking. They all want one thing - people in power who will fit the square peg into the square hole.

It ceased to be journalism sometime about when it became about getting ratings and selling more advertisements.