OBAMANATION, DESTROYING AMERICA ONE STATISTIC AFTER THE NEXT...

[Chica Chaser]

Unfortunately I believe you are correct. But it is damn fun to latch the left blame/deflect the facts off on everyone else.

[BigLouie]

Originally Posted by Whirlaway

CC, with 4 more years of Obama misery on the horizon, we might as well make this thread a sticky !!!!!!!!!!!!

Oh really?

NEW YORK (CNNMoney) U.S. stocks gained ground Tuesday, with the Dow and S&P 500 closing at fresh five-year highs amid mostly strong earnings reports.

The Dow Jones industrial average added 0.4% and S&P 500 rose 0.5%, advancing once again to their highest levels since December 2007. The two indexes have been hitting new highs since the start of the year.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to the lowest level in five years.

The Labor Department said Thursday that weekly unemployment benefit applications dropped 5,000 to a seasonally adjusted 330,000. That's the fewest since January 2008.

The four-week average, a less volatile measure, fell to 351,750. That's also the lowest in nearly five years.


So basically the stocks are the highest level since Bush left office and unemployment is at it's lowest since Bush left office.

[I B Hankering]

Originally Posted by BigLouie

Oh really?

NEW YORK (CNNMoney) U.S. stocks gained ground Tuesday, with the Dow and S&P 500 closing at fresh five-year highs amid mostly strong earnings reports.

The Dow Jones industrial average added 0.4% and S&P 500 rose 0.5%, advancing once again to their highest levels since December 2007. The two indexes have been hitting new highs since the start of the year.

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to the lowest level in five years.

The Labor Department said Thursday that weekly unemployment benefit applications dropped 5,000 to a seasonally adjusted 330,000. That's the fewest since January 2008.

The four-week average, a less volatile measure, fell to 351,750. That's also the lowest in nearly five years.


So basically the stocks are the highest level since Bush left office and unemployment is at it's lowest since Bush left office.

This is why the markets are rising.

Extracted from SEE's post:

Originally Posted by SEE3772

This is why the markets are rising.
And this is still the most important financial problem.
Also, the Bond market has never been so high, a bubble.
Thanks to the Federal Reserve policies. Oh... and here is the US housing recovery.
The U.S. Fiscal Gap Is Now $222 Trillion. Last Year, It Was $211 Trillion And this
this and this...and this! This ...the endless war policy, free trade agreements... how much more proof do people need?

Enjoy!

http://www.eccie.net/showpost.php?p=...0&postcount=10

[BigLouie]

IB let me ask you this. Would the graph be any different if any one else was President. I noticed also that the Bush years was nothing but a downward plunge on that graph.

[acp5762]

Originally Posted by Yssup Rider

Fucking idiots. and COG

You have no credibility until you stop insisting LL didn't prove you wrong.
And even then you won't be able to prove you're not a weenie!

ask me again and I'll tell you the same!


HAHAHAHAHAHAHAHAHAHAHAFUCKINGH AHAHAHAHAAAAA

How about we see some credibility out of you, instead of you telling everyone that they don't have any.

[I B Hankering]

Originally Posted by BigLouie

IB let me ask you this. Would the graph be any different if any one else was President. I noticed also that the Bush years was nothing but a downward plunge on that graph.

Would certainly hope so! Reigning in spending is one of the first requirements, and Odumbo has demonstrated that he will not do that! Quantitative Easing (started in 2007 and continued throughout Odumbo's administration) is a demonstrably great deal for the bankers, but it's not a great deal for the average American.

[CuteOldGuy]

Why do the idiots on here think that if you oppose Obama, you automatically support Bush or Romney? False assumption.

[Texas Contrarian]

Originally Posted by BigLouie

...I noticed also that the Bush years was nothing but a downward plunge on that graph.

That's because both the George W. Bush and Obama eras have been characterized by high levels of fiscal profligacy, coupled with ultra-easy money/weak dollar policies with which they go hand-in-hand.

One accommodates the other, and that's been the case for over ten years.

With respect to fiscal practices and monetary accommodation, Obama-era economic policy is simply that of the George W. Bush era, extended and expanded with ZIRP and serial iterations of QE.

Originally Posted by CuteOldGuy

Why do the idiots on here think that if you oppose Obama, you automatically support Bush or Romney? False assumption.

That really is amazing, isn't it? So many people view almost everything through a strictly partisan lens and make no effort to engage in critical thinking.

[I B Hankering]

Originally Posted by CaptainMidnight

That's because both the George W. Bush and Obama eras have been characterized by high levels of fiscal profligacy, coupled with ultra-easy money/weak dollar policies with which they go hand-in-hand.

One accommodates the other, and that's been the case for over ten years.

+1 And the "housing bubble" was the proverbial straw that broke the camel's back -- and fingerprints from both parties are all over that.

[Whirlaway]

[BigLouie]

Originally Posted by CuteOldGuy

Why do the idiots on here think that if you oppose Obama, you automatically support Bush or Romney? False assumption.

This is not about supporting Bush or Romeny it is noting the fact that the trend continues no matter who the President is.

[BigLouie]

Originally Posted by CaptainMidnight

That's because both the George W. Bush and Obama eras have been characterized by high levels of fiscal profligacy, coupled with ultra-easy money/weak dollar policies with which they go hand-in-hand.

One accommodates the other, and that's been the case for over ten years.

With respect to fiscal practices and monetary accommodation, Obama-era economic policy is simply that of the George W. Bush era, extended and expanded with ZIRP and serial iterations of QE.

Which seems to imply that no matter what party is in power, the policies will continue. It takes lots of money and connections to get elected and once elected those who paid the way want things run so they can make money either directly or indirectly. Big banks, big investment firms, big companies are going to get the money policies they want no matter which party is in the White House. Don't for a minute think it is going to change.

[i'va biggen]

Originally Posted by CuteOldGuy

Why do the idiots on here think that if you oppose Obama, you automatically support Bush or Romney? False assumption.

Being a idiot you should be able to answer the question yourself .

[CuteOldGuy]

Originally Posted by BigLouie

Which seems to imply that no matter what party is in power, the policies will continue. It takes lots of money and connections to get elected and once elected those who paid the way want things run so they can make money either directly or indirectly. Big banks, big investment firms, big companies are going to get the money policies they want no matter which party is in the White House. Don't for a minute think it is going to change.

Big Louie, you finally get it! Congratulations!

[Whirlaway]

Obama's Immigration Plan: Expedite 11 Million Illegal Immigrants to Citizenship


That's "expedite" not deport !


http://townhall.com/