Stock Market falling!

[srercrcr]

You conspicuously avoided my comment about Repub ratings tanking.
Aren't you surprised? Conflicted? Perturbed? Worried?
How could this be? "Why am I on the losing team again?" "Everybody I know are conservatives. All I hear on the radio too." "Why is MY world so different than most American's world?" "Am I isolated?"

 

[Tony_SS]

I love how liberals automatically assume that anyone who opposes Obama is a Bush loving Republican crying in their beer.

Steve you are so far indoctrinated in the false left/right paradigm you can't see past your own party's BS.

In 4-8 years, there'll be another NeoCon Republican puppet put in office so don't get too high up on that horse.. it's going to be a long fall.

 

[NY87SS]

I CANNOT VOTE
I HOLD NO POLITICAL AS MY OWN.

Being on the outside looking in.

During the 60's a loophole existed that allowed people to skirt a certain event.
Those people whom skirted the event took many years of how to do drugs, be anti-anything and everything, protest, party some more and learn the ropes to loopholes since thats what this event and where they skirted the event actually was.
Now they are in charge of our companies, some in our government still playing this loophole game and greedy while doing so. Kinda a carbon copy of there 60's and early 70's life style.
The mess was a ticking time bomb that everyone knew was gonna go off as the elections were in full swing. What did the Bush administration do that was so high and mighty better than Obama??? He let it happen and even kicked in a few hundred billion to his old buddies, let his other oil buddies rob us before the party started and so on.
So lets fault everything Obama is now doing which had to be a rush rush proposition since the bomb had gone off before he was inaugurated, so it wasn't gonna be perfect or even perfectly thought out and hope he fails, which will take the country down for the count all so we can play whats our favorite political party and say, I told you so like a bunch of little kids.
Yeah putting money into the infrastructure, fixing problems we b*tch about everyday that we say should be fixed that will create jobs and so on, which was "NEVER" tried before and proved to have worked.

I don't care whom is in office or what party it maybe, this Rush got my head up my *ss so deep attitude of not even giving it one iota of support, actually trying to deter the possibility it may succeed is good for whom and what??

 

[srercrcr]

I hear you but different people have their own ideas of what kind of world we want to live in....hence, politics. It's how we get where we want to go. It's not personal or hateful. It's just opposing views. Congressmen do it every day...argue, disagree, bur remain respectful of others.

As to Bush (and Cheney).....instead of putting all that energy into Iraq, they should have been minding the regulators. With word out today GM will probably close down, and Citi could very well follow, I just don't see this ending anytime soon....we're going to hear the D word more. And don't give me that "quit spreading fear" line the right is preaching this week. It's not fear, it's reality.

 

[SV6 REGAL]

You gotta fix your banking.....I heard on the radio were a school bus driver making 30,000 a year bought a house worth 800,000 like hello like he can afford that ,of course they forclosed.

 

[srercrcr]

Correctomundo. Who knew a problem was coming? Federal Reserve, U S Treasury, Comptroller of the Currency, Federal Housing Admin, various Senate and House committees.
Oh and lets give a big hand for FREE enterprise....Mortgage Bankers Assoc, National Board of Realtors, ad infinitum. Have you noticed how the Mortgage Brokers are layin low? They made a fortune, realtors too. Well, good for them. For that, since they didn't self-regulate, we (the people who got harmed) will be regulating the s**t out of you.

Separately, here's a quote from Rasmussun Polling.....
For the second straight week, the percentage of voters who say the United States is heading in the right direction rose to its highest level in recent years .

 

[NY87SS]

You gotta fix your banking.....I heard on the radio were a school bus driver making 30,000 a year bought a house worth 800,000 like hello like he can afford that ,of course they forclosed.

If you search it out, the mortgage mess, it was not the blue collar America that the foreclosures are happening on.

4 States is where the majority (Large ONE) with California leading have foreclosure rates nearing 20%.
Those people getting foreclosed upon and in a majority ( Large ONE again) college educated.
They also are in the 6 figure income.

The poorer, more middle to lower class citizens with foreclosures happening are still at a rate of less than 4%, which is the average for 20+ years.

Well these college educated people during the bush admins lowering of interest crusade went out and purchased, on average, $275,000 homes they could not afford, nor get qualified for at earlier times. With lower interest rates and the government policy of allowing loans to riskier people ( Which meant lower class citizens, not upper middle class and above) these people whom had extended education and should have known better went out and got qualified for APR low interest loans. But when interest rises, so do payments, but hell, why worry.

Now these bankers looking it all over said why loan money to people that really need it that will be buying sub $100,000 loans where heavy commissions aren't there to line my pockets decided to twist and earlier government ruling and give it again to their buddies, educated by college 6+ figure people.

Know why Obama's rating is pretty high?
Because the working man has had enough and Obama is targeting them to pay for the mess they made.
There polling AMERICA, not republicans that make in excess of $250,000K, nor anyone whom wants to be Rush stick your head up your behinds types.



Again, I can not vote nor hold one political party in favor etc.
But looking from outside inward the republican party has always appeared to favor the rich and better to do's. And the Bush admin really prevaricated that appearance and generated this mess!!!
All hail Bush, the man whom spent billions looking for weapons they all ready knew did not exist so they could have better control of the oil and place ourselves centered in Arab lands where we need not be. Not that we could have used that money for other things like New Orleans and combating what we now have for economy!!!

 

[Tony_SS]

No one's going to defend Bush... but Obama is not your savior.

You think Bush increased the size of the deficit, Obama has nearly matched what Bush did over 8 years in his first 60 days! And he's telling us he's going to cut the deficit in half! WTF is he smoking?? The guy's nothing more than a bunch of lies, and when told enough times, people start to believe him. And my disdain for Obama is NOT an endorsement for Bush, so save me the strawman arguments.

I'd love to think he's gonna make it all better, but the reality is they're playing for the same team, and in aint ours.

http://www.obamadeception.net/

 

[srercrcr]

Bush ran up the deficit because of outragous spending (especially for a Repub) AND cutting taxes. That's the same thing Reagan did. People didn't feel it because their taxes didn't go up....they both hoodwinked the American public. Now Obama will spend like crazy to get money in peoples hands. There's two ways to increase the economy....govt spending and private spending. Since private spending has tanked, the govt MUST spend or we crater (Econ 101). Once the economy prospers again, the deficit comes down "in half". Get it now? Clinton did the same thing...left office with a surplus.

 

[Tony_SS]

Well if thats the case, why not a 10 trillion stimulus plan? We have a robust economy by next month!

The gov can NOT control the economy. Obama cannot create 3 million jobs out of nowhere. I like the story I read the other day that said 24 jobs were created due to stimulus money. Wow! 24! That's like shooting a BB gun at a train and saying you stopped it some. Those are temporary jobs and will evaporate soon as the stimulus does. You cannot spend your way to a healthy economy. Fact is, gov needs to deflate and CUT spending, just like the private sector has. If they continue to interfere with the market, they're going to prolong this mess and cause a depression.