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airdvr

How 'bout that economic turnaround...

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U.S. Stocks Decline After New-Home Sales Fall to Record Low
http://www.businessweek.com/news/2010-06-23/u-s-stocks-decline-after-new-home-sales-fall-to-record-low.html

Any idea how many people get a job when a new home is built?

We're talking numbers that are the lowest ever seen since they began keeping track in the '60s.
Please don't dent the planet.

Destinations by Roxanne

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Congratulations! A great day for republicans; I'm sure you'll enjoy gloating. Sorta lousy day for the US though.



WTF Bill

No one wants this


Great day my ass


WAFJ[:/]
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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Congratulations! A great day for republicans; I'm sure you'll enjoy gloating. Sorta lousy day for the US though.



Hopefully the politicians will learn that trying to manage the economy through artificial "stimulus" efforts just causes "bubble damage"

then maybe 'real' changes can help a real turnaround rather than catering to sound bites and polls

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

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U.S. Stocks Decline After New-Home Sales Fall to Record Low
http://www.businessweek.com/news/2010-06-23/u-s-stocks-decline-after-new-home-sales-fall-to-record-low.html

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Any idea how many people get a job when a new home is built?



Sure, go ask your dad, the one who ran this fucker into the ground.

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We're talking numbers that are the lowest ever seen since they began keeping track in the '60s.



And a fiscal mess inherited this way, the worst since the Great Depression. Of course if we can just ignire that massive fact, we can glaot that Obama is supposedly bad for the country. If Bundy wasn't a killer, he would be a quality person.....

Kinda sounds tarded to post data and then ignore data that preceeded like:

- 3.4% raise in unemp from Feb 08 to Feb 09

- Banks / Wall Street had already failed and GWB had to allocate 700B to save them

- The seed was laid for massive forclosures / BK's

- The largest annual deficit was handed off to an incoming president

- GWB had just doubled the inherited 5.5T debt

- GDP was negative 4 of the last 5 Q's.

- The stock market lost 33% under GWB; when was teh last time the market lost under a president's term(s)?


So just keep cherry-picking and gloating when the economy has troubles and the rest of us will hope for +++ times.

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Sorta lousy day for the US though.



Been a pretty shitty 520 days for the USA



The Bush recession started in December 2007. It would have been over sooner had the GOP not been in denial over "the R word".
...

The only sure way to survive a canopy collision is not to have one.

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The Bush recession started in December 2007. It would have been over sooner had the GOP not been in denial over "the R word".

'

Given the deficit spending they were already doing, how much sooner would have it been over? And is it really over? Is it over without a trillion dollar deficit?

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- Banks / Wall Street had already failed and GWB had to allocate 700B to save them



It sounds more impressive to repeat the 700B (which only the stimulus pork exceeds) rather than the actual cost of TARP's forced loans to big banks, which was recently pegged by the CBO at 109B.

So I presume on the next positive market run, you'll be restarting the counter thread on the economy. Are we on the 3rd or 4th round of this tiff between you and the other side?

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The Bush recession started in December 2007. It would have been over sooner had the GOP not been in denial over "the R word".

'

Given the deficit spending they were already doing, how much sooner would have it been over? And is it really over? Is it over without a trillion dollar deficit?



Very few problems are solved by denying they exist.
...

The only sure way to survive a canopy collision is not to have one.

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The gov't has prolonged the agony with all of their BS programs. Now they're learning what auto mfg learned 20 years ago. Tough to get out of the rebate programs once you've started.

Bill, you don't really think I'm happy about it do you? It's how I earn a living and it's been fucked up by these government programs. The only bright side to this is perhaps the people who voted this twatmuffin into office will wake up and get him out before he does more damage.
Please don't dent the planet.

Destinations by Roxanne

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- Banks / Wall Street had already failed and GWB had to allocate 700B to save them



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It sounds more impressive to repeat the 700B (which only the stimulus pork exceeds) rather than the actual cost of TARP's forced loans to big banks, which was recently pegged by the CBO at 109B.



Of course you won't mention under Obama, who told recipients of TARP they couldn't call their own shots if they had loan money, that > 250B had been repaid. No, you just want rain and gloom; it makes your arguments so much more valid.

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So I presume on the next positive market run, you'll be restarting the counter thread on the economy. Are we on the 3rd or 4th round of this tiff between you and the other side?



I don't care how many rounds it takes, this last dip was caused externally and we;ve recovered that too. If you want to celebrate losses, affirming your errant position that Obamanomics are bad for the US, have a good time, I'm going to look for + signs so we can get back to business.

BTW, the market, even with Europe tanking, is still doing well.

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The gov't has prolonged the agony with all of their BS programs.



The same naivety was stated about the GD, saying that FDR's prorams porlonged the GD. A little actual knowledge would tell you that Hoover signed the largest tax increase of the GD recovery and of all time for that matter. A little unbiased insight would also tell you that GWB signed and implemented 1/2 of 700B TARP, so these 2 recoveries, altjho Republcian caused, were EVENTUALLY repaired in a bipartisan sense after they saw the wheels coming off. The diff is that Dems don't need to see massive despair before acting and Dems don't run the country into the ground like Repubs will do to benefit the rich.

Do you really want us to believe that letting banks fail would have been the answer? Don't you realize the gov did nothing in 1929, 1930, 1931 etc and the GD deepened? Insanity tells us that doing the same thing and expecting a diff result defines us as such.

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Now they're learning what auto mfg learned 20 years ago. Tough to get out of the rebate programs once you've started.



So in addition to letting banks fail we should have let our #4 or 5 product fail too? Do you have an anarchist tattoo covering your entire back? IS that what this is all about?

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Bill, you don't really think I'm happy about it do you? It's how I earn a living and it's been fucked up by these government programs.



Can you show me other hard economic times where major industries were failing and the gov did nothing and all was well?

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The only bright side to this is perhaps the people who voted this twatmuffin into office will wake up and get him out before he does more damage.



We did that, of course he couldn't run again. Your arguments make sense in a vacuum, in reality, consulting history, they are ridiculous.

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It sure looks like the rescumlican obstruction of EVERYTHING that the current administration tries to do is working as well as they could have hoped.

Not only is the housing market all fucked up, now the long term unemployed will lose their unemployment checks due to the rescum obstruction of the jobs bill. That clearly will help the children, promote reduced crime and greater stability in our communities, and best of all, teach those lazy fuckers to get off their asses and take ANY job they can, even if it pays less than minimum wage and has no health benefits. It doesn't matter that even these jobs don't exist. It makes for good sound bites, and that is all that really matters in an election year.

When it comes to economic stimulus, giving money to unemployed citizens puts that money right back into the economy. They will spend it on stuff like rent, food, bills, etc. The rescums would much rather give the money to banks and hand out MORE TAX CUTS to the extremely wealthy.

Good work, rescumlicans and supporters of the rescumlicans. You have much to be proud of. Thanks for helping drive this country into the toilet. We really appreciate it.

Since when does it take sixty votes to pass a bill through the senate? This is happening because the rescums are filibustering EVERYTHING. That is a gross abuse of the filibuster process. The rescums should be shamed into stopping that bullshit by an intense media barrage that highlights the disgusting abuse of the process. That isn't going to happen due to the corporate ownership of the mass media. There is no liberal mass media. There never was. That is a fiction made up and sold to the gullible like soap is to housewives.

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teach those lazy fuckers to get off their asses and take ANY job they can



Pop goes the gov't nipple

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has no health benefits



Wait...that problem was fixed wasn't it?

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When it comes to economic stimulus, giving money to unemployed citizens puts that money right back into the economy



Check where the money is going...it's not to unemployed citizens. It's to companies to do road work.

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rather give the money to banks and hand out MORE TAX CUTS



Not to the banks, but to the people. If you really want to get the money to then that's how it's done.

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Good work, rescumlicans



There's enough blame for both parties.

But, all of this stimulus money was supposed to get companies to hire more folks. Not happening and until you get folks back to work we'll stay mired.
Please don't dent the planet.

Destinations by Roxanne

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I find it ironic that the obama supporters scream bloody murder about the oil gushing out of the hole in the gulf, about what a terrible environmental catastrophe it is creating, and demanding immediate and decisive action to stop it.

And at the same time, they approve 100% of the way obama is gushing money out of the national treasury and our children's future, creating a terrible financial catastrophe that will bankrupt the nation, and are completely apathetic about demanding it be stopped.

It seems to me that both of these events are similar catastrophes, and one should be against both of them equally.

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I rememeber you wetting your pants about the 1Q GDP numbers

Seen the revissions put out today?
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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I find it ironic that the obama supporters scream bloody murder about the oil gushing out of the hole in the gulf, about what a terrible environmental catastrophe it is creating, and demanding immediate and decisive action to stop it.

And at the same time, they approve 100% of the way obama is gushing money out of the national treasury and our children's future, creating a terrible financial catastrophe that will bankrupt the nation, and are completely apathetic about demanding it be stopped.

.



I don't recall your outrage when Bush was gushing money out of the national treasury during the boom time before his recession hit, when he should have been saving a surplus handed to him by his predecessor.
...

The only sure way to survive a canopy collision is not to have one.

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I find it ironic that the obama supporters scream bloody murder about the oil gushing out of the hole in the gulf, about what a terrible environmental catastrophe it is creating, and demanding immediate and decisive action to stop it.

And at the same time, they approve 100% of the way obama is gushing money out of the national treasury and our children's future, creating a terrible financial catastrophe that will bankrupt the nation, and are completely apathetic about demanding it be stopped.

.



I don't recall your outrage when Bush was gushing money out of the national treasury during the boom time before his recession hit, when he should have been saving a surplus handed to him by his predecessor.



How convenient when everyone who parrots this line forgets about a little thing that happened on 9/11
Please don't dent the planet.

Destinations by Roxanne

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How convenient when everyone who parrots this line forgets about a little thing that happened on 9/11



many of the tax cuts were in place before that. And Iraq was an expense that cannot be attributed to 9/11, even if the environment gave him the public approval to do it.

Now the paper surplus did not account for the bubble bursting, so some of it was fictional, but that doesn't give Bush a free pass.

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I find it ironic that the obama supporters scream bloody murder about the oil gushing out of the hole in the gulf, about what a terrible environmental catastrophe it is creating, and demanding immediate and decisive action to stop it.

And at the same time, they approve 100% of the way obama is gushing money out of the national treasury and our children's future, creating a terrible financial catastrophe that will bankrupt the nation, and are completely apathetic about demanding it be stopped.

.



I don't recall your outrage when Bush was gushing money out of the national treasury during the boom time before his recession hit, when he should have been saving a surplus handed to him by his predecessor.



How convenient when everyone who parrots this line forgets about a little thing that happened on 9/11



Tha premeditated invasion and occupation of Iraq had absolutely nothing to do with 9/11.
The events on 9/11 were cynically used to sell the Iraq invasion to a gullible public. There was a fair bit of opposition to the occupation as the facts were clear that Iraq had nothing to do with 9/11. Those protests were drowned out by rush to war.

Get your historical FACTS correct.
ShubCo executed the PNAC plan that well pre-dated the events of 9/11. Look up PNAC, spend some time reading, and shudder in horror as the realization comes that the rescumlicans executed the plan. The results were BAD. Really bad.

And the fuckers CUT TAXES in a time of war, thus producing the worst financial dsiaster since the Great Depression.

That is why they are rescumlicans, and will be referred to as such. The scumbags that supported them unquestioningly are as filthy and morally bankrupt as the rescumlicans themselves.

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rescumlicans



Again. I really don't think you are wanting to be taken seriously.



Gotta be related to Amazon ...
"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

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Congratulations! A great day for republicans; I'm sure you'll enjoy gloating. Sorta lousy day for the US though.



Nice attempt at a sideways swipe.

It's not a great thing for anybody; but it is accurate in that the economy isn't going to rebound just because people wish it to be so.

And it certainly isn't helping any to roll out or expand programs that are ridiculously expensive already.

The economy isn't going to improve solely on the smoke & mirrors BS spewed out or implemented by SuperBama - regardless of whether a person thinks he is doing right or wrong. Feelings are worthless in the discussion; it's results that count.

Economies do not run on hope and desire and bullshit cheerleader speeches about CHANGE (which has turned out to be a complete lie since he has demonstrated his ability to engage in bully partisan politics as well as anybody on the hill). They run on commerce. Our current leader wants to replace commerce with highly centralized control mechanisms; ignoring the fact of history that they quite simply do not work well and have never worked at all in an economy that approaches our scale.

You are a smart person. Open your eyes and put your biases aside. The economy is getting worse, not better. What specifically do you think this administration is doing to improve the economy. My observation is that damn near everything they do is actually hindering recovery. Raise taxes, expand programs, increase benefits, open the borders to cheap labor, more regulation, . . .

This Prez is more like one of those TV preachers than a leader. What a fucking joke.
" . . . the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley

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