Dow down...

[chuckakers 426]

...30% since election day.

Spend some more, Messiah!

Chuck Akers
D-10855
Houston, TX

[Broke 0]

And he says we dont have to watch the gyrations of the stock market. If you watch the stock markets you won't get your policy right. Well what the fuck is he watching because as I see it the Democrats policies are dead wrong

Divot your source for all things Hillbilly.
Anvil Brother 84
SCR 14192

[Skyrad 0]

Its the same in the Uk and the rest of Europe too, I suppose thats his fault too

When an author is too meticulous about his style, you may presume that his mind is frivolous and his content flimsy.
Lucius Annaeus Seneca

[chuckakers 426]

Quote

Its the same in the Uk and the rest of Europe too, I suppose thats his fault too

Sort of. The strength of the U.S. economy has a huge influence on the rest of the world's economies.

Chuck Akers
D-10855
Houston, TX

[jerryzflies 0]

Obama gets high marks in new poll


WASHINGTON (AFP) — Americans are skeptical that President Barack Obama will solve the economic crisis within two years but still overwhelming approve his job performance, a new poll found Wednesday.

Most voters also support Obama's mortgage rescue plan unveiled last month in a bid to quell a rising tide of home foreclosures -- but think it is unfair to people who played by the rules and met all their payments.

The large snapshot of more than 2,500 voters by the Quinnipiac University Polling Institute reveals deep pessimism among US voters about the state of the economy and prospects for a recovery.

Half of the survey sample was asked whether they believed that the federal government could fix the economic crisis within two years, and answered no by a margin of 68 to 26 percent.

The other slice of the survey group was asked whether Obama alone would be able to lead the country out of the economic mire within the same time period, and answered no by a 64 to 28 percent margin.

Yet Obama's approval rating, so far at least, seems immune to the impact of the worst economic crisis in decades -- 59 percent of those polled said they approved of the job their new president was doing, compared to 25 percent who did not.

Overall, voters approve of Obama's handling of the economy 57 to 33 percent, and significantly give him much higher marks on the issue -- 56 to 26 percent -- than Republicans.

"President Barack Obama's approval rating is solid, compared to the historical record of new presidents," said Peter Brown, assistant director of the Quinnipiac Polling Institute.

"But the lofty numbers he enjoyed after his election are leveling off, largely because of declining support among Republicans," Brown said.

There is also more good news than bad for Obama on three of his key domestic policy priorities, which he has been highlighting in the last two weeks.

By a 55 to 39 percent margin voters believe that he will get healthcare reform -- an issue that has bedeviled past Democratic presidents -- through the Congress this year.

By a 61 to 35 percent breakdown they also say they believe Obama when he promises not to raise taxes on anyone with a family income under 250,000 dollars a year.

But the president's vow, made last week to cut the ballooning budget deficit in half by the end of his term in 2013, draws more cynicism.

Fifty-five percent of Americans do not believe he can do it, compared to 38 percent who do.

The survey was conducted between February 25 and March 2 among 2,573 voters with a margin of error of plus or minus 1.9 percentage points.

If you can't fix it with a hammer, the problem's electrical.

[airdvr 210]

One can always find a poll that reflects their views.

Wednesday, March 04, 2009
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 42% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President.

PRINCETON, NJ -- For the first time since Gallup began tracking Barack Obama's presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.

Please don't dent the planet.

Destinations by Roxanne

[chuckakers 426]

Let me correct your bold notations and add a few notes:


WASHINGTON (AFP) — Americans are skeptical that President Barack Obama will solve the economic crisis within two years but still overwhelming approve his job performance, a new poll found Wednesday.

Most voters also support Obama's mortgage rescue plan unveiled last month in a bid to quell a rising tide of home foreclosures -- but think it is unfair to people who played by the rules and met all their payments.

The large snapshot of more than 2,500 voters by the Quinnipiac University Polling Institute reveals deep pessimism among US voters about the state of the economy and prospects for a recovery.

Half of the survey sample was asked whether they believed that the federal government could fix the economic crisis within two years, and answered no by a margin of 68 to 26 percent.

The other slice of the survey group was asked whether Obama alone would be able to lead the country out of the economic mire within the same time period, and answered no by a 64 to 28 percent margin.

Yet Obama's approval rating, so far at least, seems immune to the impact of the worst economic crisis in decades -- 59 percent of those polled said they approved of the job their new president was doing, compared to 25 percent who did not.

Oh yeah? Try this http://latimesblogs.latimes.com/washington/2009/02/obama-bush.html

Overall, voters approve of Obama's handling of the economy 57 to 33 percent, and significantly give him much higher marks on the issue -- 56 to 26 percent -- than Republicans.

"President Barack Obama's approval rating is solid, compared to the historical record of new presidents," said Peter Brown, assistant director of the Quinnipiac Polling Institute.

"But the lofty numbers he enjoyed after his election are leveling off, largely because of declining support among Republicans," Brown said.

There is also more good news than bad for Obama on three of his key domestic policy priorities, which he has been highlighting in the last two weeks.

By a 55 to 39 percent margin voters believe that he will get healthcare reform -- an issue that has bedeviled past Democratic presidents -- through the Congress this year. Believeing and approving of it are very different things

By a 61 to 35 percent breakdown they also say they believe Obama when he promises not to raise taxes on anyone with a family income under 250,000 dollars a year. (which he has already done)

But the president's vow, made last week to cut the ballooning budget deficit in half by the end of his term in 2013, draws more cynicism.

Fifty-five percent of Americans do not believe he can do it, compared to 38 percent who do.

The survey was conducted between February 25 and March 2 among 2,573 voters with a margin of error of plus or minus 1.9 percentage points.

Chuck Akers
D-10855
Houston, TX

[jerryzflies 0]

Quote

One can always find a poll that reflects their views.

Wednesday, March 04, 2009
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 42% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President.

PRINCETON, NJ -- For the first time since Gallup began tracking Barack Obama's presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.

Gallup reports 62% approval this morning. www.gallup.com/Home.aspx

How does that compare with your guy on Jan 19th?

It must stick in your throat that last November the voters of the US decided that the GOP was not competent to run the White House, the Senate, or the House.

If you can't fix it with a hammer, the problem's electrical.

[airdvr 210]

Quote

It must stick in your throat that last November the voters of the US decided that the GOP was not competent to run the White House, the Senate, or the House.

I'm very concerned about the future of my country and the direction the dems are taking. I guess we'll just have to wait and see won't we.

Please don't dent the planet.

Destinations by Roxanne

[SkyDekker 1,465]

Quote

I'm very concerned about the future of my country and the direction the dems are taking. I guess we'll just have to wait and see won't we.

The current economic climate is as the result of policies started long before Obama, are you only blaming the Democrats for that?

You don't think that the last 8 years of Bush has anything to do with it?

[jerryzflies 0]

Quote

Quote

It must stick in your throat that last November the voters of the US decided that the GOP was not competent to run the White House, the Senate, or the House.

I'm very concerned about the future of my country and the direction the dems are taking. I guess we'll just have to wait and see won't we.

Last November the voters of the country, concerned about the future, voted your lot out.

The recession started under the GOP watch, remember.

If you can't fix it with a hammer, the problem's electrical.

[livendive 8]

Quote

Quote

It must stick in your throat that last November the voters of the US decided that the GOP was not competent to run the White House, the Senate, or the House.

I'm very concerned about the future of my country and the direction the dems are taking. I guess we'll just have to wait and see won't we.

It may be a wrong direction, but at least it's a different wrong direction.

Blues,
Dave

"I AM A PROFESSIONAL EXTREME ATHLETE!"
(drink Mountain Dew)

[Halfpastniner 0]

Quote

Quote

I'm very concerned about the future of my country and the direction the dems are taking. I guess we'll just have to wait and see won't we.

The current economic climate is as the result of policies started long before Obama, are you only blaming the Democrats for that?

You don't think that the last 8 years of Bush has anything to do with it?

Im not blaming only dems. But it is pretty obvious which side wants to turn us into Europe, and which doesnt.

Its also pretty obvious that no matter how shitty of a job Obama does in his four years, you will be blaming Bush, which is pretty sad.

I foresee the republicans regaining a lot of ground in 2010. As long as the GOP can get their shit together.

BASE 1384

[SkyDekker 1,465]

Quote

Its also pretty obvious that no matter how shitty of a job Obama does in his four years, you will be blaming Bush, which is pretty sad.

Not at all. There is just no way of knowing how Obama's decision will effect the current economic climate, So it is just plain silly to already start screaming failure. It is just as silly as pretending that the last 8 years didn't happen and had no effect on the current situation.

[billvon 3,070]

>Dow down. . . .30% since election day.

Yep. And it will continue to decline for some time. It will take a while to fix everything that's broken about the economy.

[SpeedRacer 1]

Quote

Quote

One can always find a poll that reflects their views.

Wednesday, March 04, 2009
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 42% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President.

PRINCETON, NJ -- For the first time since Gallup began tracking Barack Obama's presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.

Gallup reports 62% approval this morning. www.gallup.com/Home.aspx

How does that compare with your guy on Jan 19th?

It must stick in your throat that last November the voters of the US decided that the GOP was not competent to run the White House, the Senate, or the House.

anything bad that happened before Obama took office was probably Bill Clinton's fault.

Speed Racer
--------------------------------------------------

[Amazon 7]

Quote

One can always find a poll that reflects their views.

Wednesday, March 04, 2009
The Rasmussen Reports daily Presidential Tracking Poll for Wednesday shows that 42% of the nation’s voters now Strongly Approve of the way that Barack Obama is performing his role as President.

PRINCETON, NJ -- For the first time since Gallup began tracking Barack Obama's presidential job approval rating on Jan. 21, fewer than 60% of Americans approve of the job he is doing as president. In Feb. 21-23 polling, 59% of Americans give Obama a positive review, while 25% say they disapprove, and 16% have no opinion.

Good to know that the right fling DEAD ENDERS are still bleeting about their guy not being in office anymore.

[happythoughts 0]

We could do this... outsource all car manufacturing
to Mexico. $2 an hour instead of $28.

Ford and GM would make money.
Their stock would rise. Look at the Dow then.
Wheee...

People can't figure out that if you don't produce
something, then no one has money to buy
products.

Remember the steel industry? Electronics? Textiles?

We now have a market-based economy instead of
a manufacturing-based one.

When the purchasers dry up, no market - no economy.

Or is it just me?

[billvon 3,070]

>People can't figure out that if you don't produce
>something, then no one has money to buy
>products.

Yep. The problem is you can create the _illusion_ of production for a long time, but when the exuberance that causes people to value paper goes away, you are left with only . . . paper.

Unfortunately, we have reached the point where our economy isn't really sustainable without that sort of illusory value.

[Misternatural 0]

>I'm very concerned about the future of my country and the direction the dems are taking. I guess we'll just have to wait and see won't we.


I see a lot of folks waiting and seeing what the government is going to do about the economy....they forget that most of the power in any economy at least in a democratic free market society is controlled by the consumer- If the consumer gets scared and hides in gold and cash...the economy eventually crashes and the Dow most certainly goes down more.

We are not socialists yet so people need to stop thinking like one! Because if citizens continue to rely on what the govt. is going to do for everything, by design THAT IS socialism! Regardless of who is in the White House.


Everyone needs to hold their ground as a consumer and their investments in the free market- otherwise fear will always beget more fear,and you WILL end up giving all of the economic power to the government.

Beware of the collateralizing and monetization of your desires.
D S #3.1415

[BDashe 0]

Yup! Well, at least youre right when analyzing the issue from a logical and rational point of view.

but instead, let's roll the dice and go full blown irrational, label it something sexy like the 'progressive' standpoint and just blame everything on the biggest minority in the country (rich people) so we can rile up the majority of 'have-nots' and legally steal from the rich to produce an unnatural balance in a democratic and capitalistic society to slow the recovery and stay elected so we can pass more socialist...errr I mean social program policy.

Anyway, I'm doing my part to keep the economy turning- i'm donating all my income to rent, Budweiser, and the wind tunnel. Oh yeah and my gas guzzling sports car that actually gets better mpg's than 3/4 of the hybrids, but without the smUg.

So there I was...

Making friends and playing nice since 1983

[airdvr 210]

Quote

I see a lot of folks waiting and seeing what the government is going to do about the economy

Personally I'm waiting to see when they stop doing!

He's on a fucking rampage right now. He knows he has 2 years to shove all this stuff down our throats. Might have been a concidence but as I'm watching him talk about health care reform the dow dropped 20 points. No talk about how we're going to pay for all of this.

Please don't dent the planet.

Destinations by Roxanne

[happythoughts 0]

Quote

No talk about how we're going to pay for all of this.

The economy is generally the average money supply times the annual velocity of money (the turnover rate for money).

It used to be said that a dollar turned over 17 times a month.

Now, everyone is hoarding cash. When they get it, they keep
it instead of spending it. Therefore, the economy slows
because no buying means no production of goods either.

Employment slows in both the retail and production sectors.

The Wall Street buyout did nothing but keep rich people from
losing money.

His domestic infrastructure spending could actually stimulate
spending by infusing the bottom 50% with cash.
(According to the IRS, 50% of the US makes less than 32K a year. If you make 31K, you are spending everything you
have to survive.)

Where will he get the money? Reducing the military spending
in Iraq will be an easy spot and that is planned.

The domestic spending will temporarily increase velocity.
That would stabilize things for a little while. Some short-term
calm would be nice.

[billvon 3,070]

>they forget that most of the power in any economy at least in a
>democratic free market society is controlled by the consumer . . .

Actually that has nothing to do with a democratic society, a consumer-based economy is sufficient for consumer control, no matter what the political system. But I agree - it is consumer confidence that's the key (which is why that metric is tracked and reported so often.) Unfortunately, confidence is impossible to legislate, encourage or indeed force upon people in any way, and a loss of confidence leads to a spiral of economic collapse where the very act of 'protecting oneself from the downturn' leads to an even sharper downturn.

Indeed, people often lament the lack of savings here in the US. But people trying to wean themselves from debt and save just a little today (mainly out of fear for the future) is one of the reasons we are in this recession to begin with. Strange.

[Misternatural 0]

> the majority of 'have-nots'

Some people believe in a republic, and some believe in a democracy.

They both have a downside, I prefer a govt. maintained by majority vote, populist as it may be. The perceived downside to that is the majority of have nots occasionally gets to have a say even if that means a bit of a shakedown of the wealthy once in a while, so what...it's not perfect but not entirely destructive to free market enterprise either....the Rich will be fine and will regain their wealth as it always has been and the cycle starts over again.

You will notice that we have had a balancing shift in party power over the past few decades...You and I probably both prefer that to totalitarianism.


I believe in Capitalism because I think it mimics what goes on in nature...Survival of the fitter creature. BUT our society could not handle a Purely capitalistic system with no safety nets for the poor or the disabled.This isn't Sparta, we do not throw the weak babies off of a cliff or leave families who can't compete to starve. So unless we want to create labor camps to store all of the people who cannot effectively compete with those better suited to survive in a business environment- and use them as slave labor we have to have some means to help them.

There MUST be some social programs in place to help these people.

The Obama administration LEANS toward a proliferation of more social programs- so what, it's not going to be a destruction of free market enterprise or the wealthy.

Corporate bailouts are a different story...For me, I think that is much more destructive to a free market system.

I think the social safety nets can and should sustain the population who is displaced by antiquated corporations headed for bankruptcy while they train to find new jobs in restructured or better adapted to survive corporations.

I think the broader plan WILL work.

Everyone should just calm down- the consumer still rules and free market enterprise will live on.

And if enough people are dissatisfied with the political or economic results in a few years, a new administration will be elected....Democracy!

Beware of the collateralizing and monetization of your desires.
D S #3.1415