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

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Probably why they're, like their experts, always getting unexpected data...



:cool:

S'okay, Chief....I understand why you have to sling cut-n-pastes today. You're coming off of one of the worst slumps of your Lit career. You are literally getting pummelled here. You desperately need to re-establish some sort of credibility...

I know you expect someone to challenge your lies every now and then, but jeez this past week it seems like every single time you throw a factual distortion, lie, misdirection or anything else in your rhetorical tool bag of wretched excess, people are calling you out.

It seems like virtually everyone has had enough of your lies lately. You've spent the majority of your time spinning and spinning, but even the old "bluster it out" doesn't seem to be working. I can probably name a dozen folks who've nailed your ass to the wall for lying in the past 10 days.

I'm not telling you how to run your life (I'm not a libertarian), but this might be a good opportunity to create a new userid and pretend the lies now permanently associated with your failed 4est gump ID just never happened.
 
G7 meets to discuss eurozone as Spain warns time is running short.

Spain warned on Tuesday that it could lose access to credit markets, the lifeblood of its economy, as the Group of Seven industrialized countries met to discuss the eurozone fiscal crisis that threatens the global economy.

Spain said its borrowing costs have been driven so high by credit markets that they are effectively closing the door on the struggling nation's banks. Spain's Budget Minister Cristobal Montoro urged the country's eurozone partner to act quickly before its access to credit markets is totally choked off.

http://economywatch.msnbc.msn.com/_...one-as-spain-warns-time-is-running-short?lite
 
Video: We’re in a recession and should extend the Bush tax cuts for the rich, says … Bill Clinton




Via Mediaite. In case you’re keeping score, here’s where the Democratic brain trust is on tax cuts. The White House wants them extended for those making less than $250,000 per year; Nancy Pelosi wants them extended for those making less than $1 million per year (yes, even Pelosi is more concerned about small businesses than O is); and now O’s Democratic predecessor is calling for a new temporary across-the-board extension to maximize the country’s chances at growth.

No wonder Team Romney has a Clinton fan page up on their site. Good lord:


“They will probably have to put everything off until early next year,” he added. “That’s probably the best thing to do right now. But the Republicans don’t want to do that unless he agrees to extend the tax cuts permanently, including for upper income people, and I don’t think the president should do that.”

However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton’s successor, George W. Bush…

“They’re still pretty low, the government spending levels. But I think they look high because there’s a recession,” he said. “So the taxes look lower than they really would be if we had two and half or 3 percent growth and spending is higher than it would be if we had two and a half or 3 percent growth, because there are so many people getting food stamps, so many people getting unemployment, so many people on Medicaid.”

“There’s a recession” is a soundbite that’s going to make many a Romney ad-man very, very happy. Even so, I agree with National Journal that, in his own way, Clinton’s actually helping Obama out by backing a full extension of the cuts. If The One’s lucky enough to win in the fall, he’s almost certainly going to have to bite the bullet next year and agree to another extension, not only as a condition of compromise with the GOP but in order to keep as much capital available to the economy for a recovery as possible. Clinton’s making that easier for him by lending his imprimatur to the compromise. NJ:


f the last three months of tepid job growth are not an aberration, but a sign the economy is heading toward contraction, then extending the tax cuts may be the only strategy that the two parties can agree on as a means of economic stimulus.

If so, then Clinton was doing what House Minority Leader Nancy Pelosi did recently when she redefined those who qualify for “middle class” tax cuts as Americans making up to $999,999 a year.

Both Clinton and Pelosi are signaling to the voters that the Democrats, at least, are not going to hold American families hostage to party shibboleths.

Clinton and Pelosi are also sending signals to their party’s liberal base. Grand bargains require compromise. Obama will find it easier to sell a deal if the party’s other leaders have plowed the ground for him.

Yep. Now all we need is an explanation for the rhetorical groin-punch of calling this a “recession” and we’ll be all set. Exit question: Was this soundbite from last night’s fundraiser an intentional dig at Obama or not? Nothing’s innocent when it comes to Clinton, I guess.
 
The Dow jumps back into the green for 2012 after Walker victory. :cool:

The market sees the Walker victory as the steel the backbones of state governors need to move forward with reforms against the excesses of public employee unions nationwide. There is hope for the future.

Ahahahahahahahahahahahahahahahahahahahahaha!

Blame Obama when the market dips (even though depending on the day, you two idiots can't make up your feeble minds if the market matters or not), then give the Walker win the credit for a little surge.

You guys are fucking pure comedy gold. I hope your lives are as miserable in real life as they appear on Lit.
 
San Diego is the second largest city in California. The vote is significant.

Yes, that may be the case, tubby. But look at the other major cities in Cali and tell me which way their vote will go.

Code:
 	Name	C C 2010-04-01
1	Los Angeles	3,792,621
2	San Diego	1,307,402
3	San Jose	945,942
4	San Francisco	805,235
5	Fresno	       494,665
6	Sacramento	466,488
7	Long Beach	462,257
8	Oakland	        390,724
9	Bakersfield	347,483
10	Anaheim	       336,265
 
Yes, that may be the case, tubby. But look at the other major cities in Cali and tell me which way their vote will go.

Code:
 	Name	C C 2010-04-01
1	Los Angeles	3,792,621
2	San Diego	1,307,402
3	San Jose	945,942
4	San Francisco	805,235
5	Fresno	       494,665
6	Sacramento	466,488
7	Long Beach	462,257
8	Oakland	        390,724
9	Bakersfield	347,483
10	Anaheim	       336,265


He's having non-cock-in-butt fantasies (unusual for him) of California going red.
 
Lil chihuahua isn't smart enough to know that red and blue voted for the cuts. :)
 
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