The New Great Depression

[houndawg]

You all need to quit reading the Huffington post and open your eyes. The down fall of our economy is because we have a government interfering in a capitalist system. We have a popular socialistic movement that is pushing for a redistribution of wealth, to take form the haves and give to the have not’s. I don’t want to be taxed to take care of other people. I don’t want the government to take care of me I want to do it myself. If we want to fix this problem we need the government to stay out of the economy. We spend way too much money on social welfare in this country. People need to start being self sufficient and take personal responsibility and not demand free handouts from the government. I have 100 days left in Afghanistan we were attacked again last night I am starting to see the budget cuts all of you that want to cut the military budget thanks.

O please.

[Gil Dobie]

Well you can always hope, travelindouche.
What are you so hysterical about? While it's by no means great right now, the economy is in way better shape than it was when Bush handed it over to this President.

Bush handed it over, and nothing has changed except a symbol of the political party in the white house. SSDP, there aren't any politicians in Washington that care about the people, all they care about is corporate america. Bush and Obama both bailed out corporate america. Had either one bailed out the people, we wouldn't have all these home foreclosures, people would have money to spend to stimulate the economy, and the banks would be getting paid for these distressed home mortgages.

[Pwns]

Let me give you a clue, Opie. Most of us don't think Bush was an awesome president and think he could have done more to keep us from being where we are now. But all that tripe about tax cuts causing the problems we have now is a bunch of crap. Reagan's tax cuts led to the largest economic expansion in US history. Clinton and Bush's capital gains tax cuts raised CG tax revenues. Bush II's tax cuts also raised revenues until the economy went to s***. If you think tax cuts are the cause of our problems and that soaking the rich will make them better I want to know who your econ teacher at GSU was.

The problem with Obama is that the train is headed towards a cliff and he is turning the throttle up from where Bush had it instead of hitting the brakes. I assume you are Gen X or Gen Y. Are you really naive enough to think that the way things are going now that there will be anything left of Social Security and medicare when you reach retirement age? Do you really think trying to raise taxes on businesses and corporations is a good idea with unemployment near double digits? Does it mean nothing to you that Obama got lots of campaign money from Goldman Sachs and Lehman Brothers and Citigroup? Your boy Obama is part of the problem and if you can't see it you're just a partisan hack.

[kalm]

Let me give you a clue, Opie. Most of us don't think Bush was an awesome president and think he could have done more to keep us from being where we are now. But all that tripe about tax cuts causing the problems we have now is a bunch of crap. Reagan's tax cuts led to the largest economic expansion in US history. Clinton and Bush's capital gains tax cuts raised CG tax revenues. Bush II's tax cuts also raised revenues until the economy went to s***. If you think tax cuts are the cause of our problems and that soaking the rich will make them better I want to know who your econ teacher at GSU was.

The problem with Obama is that the train is headed towards a cliff and he is turning the throttle up from where Bush had it instead of hitting the brakes. I assume you are Gen X or Gen Y. Are you really naive enough to think that the way things are going now that there will be anything left of Social Security and medicare when you reach retirement age? Do you really think trying to raise taxes on businesses and corporations is a good idea with unemployment near double digits? Does it mean nothing to you that Obama got lots of campaign money from Goldman Sachs and Lehman Brothers and Citigroup? Your boy Obama is part of the problem and if you can't see it you're just a partisan hack.

I pretty much agree with Gil's post above yours, but take away the Bush tax cuts and the wars and everything becomes more affordable. Take away Graham-Leach-Bliley and the Commodities Futures Trading Act which Clinton signed into law and there would have been no need to bail out anyone. Just sayin.

[Ivytalk]

According to the MSM, we just came through the Second Great Depression (or Great Recession, if you prefer). Wake me when this one is over.

[kalm]

According to the MSM, we just came through the Second Great Depression (or Great Recession, if you prefer). Wake me when this one is over.

The only way were ever going to get you elected potus is if the shit really hits the fan. Stay frosty.

[Ivytalk]

According to the MSM, we just came through the Second Great Depression (or Great Recession, if you prefer). Wake me when this one is over.

The only way were ever going to get you elected potus is if the **** really hits the fan. Stay frosty.

OK, VPOTUS!

[Baldy]

Got to love the rubes. Just blindly forget about the Iraq war which is the #1 cause to just about every economic problem we have right now. Great cause attacking a country with a secular leader who had zero ties to Al Quieda and had no connection with 9/11. That rube of course inherited a mess. Whoops. Biggest surplus in American history and left with the biggest deficit in American history. Montana militia men need to spend less on the Thai rub and tugs and more on a Barnes & Noble membership.

Opie, please muzzle your chihuahua. I can feel the value of my diploma crash every time he opens his mouth.

[AZGrizFan]

Let me give you a clue, Opie. Most of us don't think Bush was an awesome president and think he could have done more to keep us from being where we are now. But all that tripe about tax cuts causing the problems we have now is a bunch of crap. Reagan's tax cuts led to the largest economic expansion in US history. Clinton and Bush's capital gains tax cuts raised CG tax revenues. Bush II's tax cuts also raised revenues until the economy went to s***. If you think tax cuts are the cause of our problems and that soaking the rich will make them better I want to know who your econ teacher at GSU was.

The problem with Obama is that the train is headed towards a cliff and he is turning the throttle up from where Bush had it instead of hitting the brakes. I assume you are Gen X or Gen Y. Are you really naive enough to think that the way things are going now that there will be anything left of Social Security and medicare when you reach retirement age? Do you really think trying to raise taxes on businesses and corporations is a good idea with unemployment near double digits? Does it mean nothing to you that Obama got lots of campaign money from Goldman Sachs and Lehman Brothers and Citigroup? Your boy Obama is part of the problem and if you can't see it you're just a partisan hack.

I pretty much agree with Gil's post above yours, but take away the Bush tax cuts and the wars and everything becomes more affordable. Take away Graham-Leach-Bliley and the Commodities Futures Trading Act which Clinton signed into law and there would have been no need to bail out anyone. Just sayin.

How about we just take away the wars and GLB and the Commodities FTA?

[SDHornet]

You are a classic Obama apologist and the reason I updated my signature, adding the Obama scorecard. 27 months into his presidency and NOTHING has EVER been his fault. Fucking amazing. Absofuckinglutely amazing....

This. I love how blaming Bush never gets old. I agree Obama inherited a shitty situation, but it’s obvious his policies have done nothing to better the situation. It amazes me how the sheeple blindly give Obama a pass for his ineffectiveness and continue to stick to the “blame Bush” mantra. There comes a time when everyone has to get off their ass and come together to get stuff done. It will never happen so long as people still cling to the “blame Bush” excuse.

[Sapper]

[FormerPokeCenter]

Let me give you a clue, Opie. Most of us don't think Bush was an awesome president and think he could have done more to keep us from being where we are now. But all that tripe about tax cuts causing the problems we have now is a bunch of crap. Reagan's tax cuts led to the largest economic expansion in US history. Clinton and Bush's capital gains tax cuts raised CG tax revenues. Bush II's tax cuts also raised revenues until the economy went to s***. If you think tax cuts are the cause of our problems and that soaking the rich will make them better I want to know who your econ teacher at GSU was.

The problem with Obama is that the train is headed towards a cliff and he is turning the throttle up from where Bush had it instead of hitting the brakes. I assume you are Gen X or Gen Y. Are you really naive enough to think that the way things are going now that there will be anything left of Social Security and medicare when you reach retirement age? Do you really think trying to raise taxes on businesses and corporations is a good idea with unemployment near double digits? Does it mean nothing to you that Obama got lots of campaign money from Goldman Sachs and Lehman Brothers and Citigroup? Your boy Obama is part of the problem and if you can't see it you're just a partisan hack.

I pretty much agree with Gil's post above yours, but take away the Bush tax cuts and the wars and everything becomes more affordable. Take away Graham-Leach-Bliley and the Commodities Futures Trading Act which Clinton signed into law and there would have been no need to bail out anyone. Just sayin.

Bush inherited a recession from Clinton. The Tax cuts stimulated the economy and gross receipts actually went up under Bush. All in all, given the severity of the attack on the economy on 9/11, I thought Bush and Greenspan did a great job of engineering a soft landing on what could have been incredibly disasterous....Then, in a short period of time, you had the most expensive natural disaster in history strike the US, followed less than amonth later by the 7th most expensive natural disaster in history...Katrina and Rita. Bush understood, I think, the need to spend some money to stimulate the economy that was hit pretty hard by these. And, to a certain extent, some of the Federal Government's help was necessary, but because the Keynesians have meddled too much with the economy, lots of unintended consequences have materialized that exacerbated and quickened the financial crunch, i.e. the subprime fiasco, etc.

Sooner or later, though, we have to climb out of this morass. You can't simply blame the party in power when these thigns hit because they're years and decades in the making. On balance, though, I think where we're at falls more at the feet of Clinton, than anybody else. The seeds for this mess were sown on his watch...but I digress

[SDHornet]

Sooner or later, though, we have to climb out of this morass. You can't simply blame the party in power when these thigns hit because they're years and decades in the making. On balance, though, I think where we're at falls more at the feet of Clinton, than anybody else. The seeds for this mess were sown on his watch...but I digress

This. I love how blaming Clinton never gets old...(see post above and replace president names as desired.)

[travelinman67]

Got to love the rubes. Just blindly forget about the Iraq war which is the #1 cause to just about every economic problem we have right now....

"Whatchu talkin' bout, Eagleskins!"


THE IRAQ WAR????????????

[Bronco]

Debbie Wasserman Schultz: ‘We own the economy’
Politico ^


Democrats are ready to take responsibility for the state of the economy and they deserve credit for putting it on the right track, the party’s chairwoman, Rep. Debbie Wasserman Schultz, said on Wednesday.

“We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place,” Wasserman Schultz told Mike Allen at a breakfast hosted by POLITICO’s Playbook.

The economy, she said, “has turned around” since President Obama took office, with steady job growth evident even if the pace leaves something to be desired.

Republicans have ridiculed Democrats’ claims of economic success in the wake of disappointing jobs numbers and an uptick in the unemployment rate.

Wasserman Schultz said Democrats aren’t in need of a new story to tell about the economy because they’ve put the right policies in place. “I don’t think it’s about what we say, it’s about what we do.”

(Excerpt) Read more at politico.com ...

I agree with the Dem leader...it's never what they say..watch what they do

[Ivytalk]

I blame Truman.

[Baldy]

Debbie Wasserman Schultz: ‘We own the economy’
Politico ^


Democrats are ready to take responsibility for the state of the economy and they deserve credit for putting it on the right track, the party’s chairwoman, Rep. Debbie Wasserman Schultz, said on Wednesday.

“We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us in the ditch in the first place,” Wasserman Schultz told Mike Allen at a breakfast hosted by POLITICO’s Playbook.

The economy, she said, “has turned around” since President Obama took office, with steady job growth evident even if the pace leaves something to be desired.

Republicans have ridiculed Democrats’ claims of economic success in the wake of disappointing jobs numbers and an uptick in the unemployment rate.

Wasserman Schultz said Democrats aren’t in need of a new story to tell about the economy because they’ve put the right policies in place. “I don’t think it’s about what we say, it’s about what we do.”

(Excerpt) Read more at politico.com ...

I agree with the Dem leader...it's never what they say..watch what they do

Finally.

Guarantee you if the unemployment rate goes up next month, she won't take ownership.

[Appaholic]

You all need to quit reading the Huffington post and open your eyes. The down fall of our economy is because we have a government interfering in a capitalist system. We have a popular socialistic movement that is pushing for a redistribution of wealth, to take form the haves and give to the have not’s. I don’t want to be taxed to take care of other people. I don’t want the government to take care of me I want to do it myself. If we want to fix this problem we need the government to stay out of the economy. We spend way too much money on social welfare in this country. People need to start being self sufficient and take personal responsibility and not demand free handouts from the government. I have 100 days left in Afghanistan we were attacked again last night I am starting to see the budget cuts all of you that want to cut the military budget thanks.

Intefering?....like bailing out Wall Street? Bailing out GM? Legislating demand for unneeded/unwanted weapons systems? Oh, because of social programs...like what in comparison to the two previous items I listed? Free handouts like subsidized PX supplies? Montgomery GI BIll?

Sapper, while I agree with your premise, let's include ALL social welfare when discussing what needs to be eliminated from our goverment/economy balance.

[Appaholic]

You are a classic Obama apologist and the reason I updated my signature, adding the Obama scorecard. 27 months into his presidency and NOTHING has EVER been his fault. Fucking amazing. Absofuckinglutely amazing....

This. I love how blaming Bush never gets old. I agree Obama inherited a shitty situation, but it’s obvious his policies have done nothing to better the situation. It amazes me how the sheeple blindly give Obama a pass for his ineffectiveness and continue to stick to the “blame Bush” mantra. There comes a time when everyone has to get off their ass and come together to get stuff done. It will never happen so long as people still cling to the “blame Bush” excuse.

A-fokking-men, SD

[travelinman67]

You all need to quit reading the Huffington post and open your eyes. The down fall of our economy is because we have a government interfering in a capitalist system. We have a popular socialistic movement that is pushing for a redistribution of wealth, to take form the haves and give to the have not’s. I don’t want to be taxed to take care of other people. I don’t want the government to take care of me I want to do it myself. If we want to fix this problem we need the government to stay out of the economy. We spend way too much money on social welfare in this country. People need to start being self sufficient and take personal responsibility and not demand free handouts from the government. I have 100 days left in Afghanistan we were attacked again last night I am starting to see the budget cuts all of you that want to cut the military budget thanks.

Intefering?....like bailing out Wall Street? Bailing out GM? Legislating demand for unneeded/unwanted weapons systems? Oh, because of social programs...like what in comparison to the two previous items I listed? Free handouts like subsidized PX supplies? Montgomery GI BIll?

Sapper, while I agree with your premise, let's include ALL social welfare when discussing what needs to be eliminated from our goverment/economy balance.

Absolutely...

...including the billions spent annually to purchase and maintain 1/8th of America's lands to keep them out of the public's hands and prevent their beneficial use. Other than a handful of federal parks, why is the govt. in the business of land fixing? To benefit a small number of envirowhackos whose goals include nationalization of our land resources?
Or, to benefit the large landholding REITS who benefit from politically "rigged" market constraints?

Like you said, Appa...let's include ALL social programs when discussing what needs to be eliminated.

[citdog]

Intefering?....like bailing out Wall Street? Bailing out GM? Legislating demand for unneeded/unwanted weapons systems? Oh, because of social programs...like what in comparison to the two previous items I listed? Free handouts like subsidized PX supplies? Montgomery GI BIll?

Sapper, while I agree with your premise, let's include ALL social welfare when discussing what needs to be eliminated from our goverment/economy balance.

Absolutely...

...including the billions spent annually to purchase and maintain 1/8th of America's lands to keep them out of the public's hands and prevent their beneficial use. Other than a handful of federal parks, why is the govt. in the business of land fixing? To benefit a small number of envirowhackos whose goals include nationalization of our land resources?
Or, to benefit the large landholding REITS who benefit from politically "rigged" market constraints?

Like you said, Appa...let's include ALL social programs when discussing what needs to be eliminated.

[youtube][/youtube]

[travelinman67]

Absolutely...

...including the billions spent annually to purchase and maintain 1/8th of America's lands to keep them out of the public's hands and prevent their beneficial use. Other than a handful of federal parks, why is the govt. in the business of land fixing? To benefit a small number of envirowhackos whose goals include nationalization of our land resources?
Or, to benefit the large landholding REITS who benefit from politically "rigged" market constraints?

Like you said, Appa...let's include ALL social programs when discussing what needs to be eliminated.

[youtube][/youtube]

Where do you find this stuff?