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Old 04-28-2013, 01:44 AM
 
Location: Unperson Everyman Land
30,455 posts, read 20,101,986 times
Reputation: 8375

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Quote:
Originally Posted by Quick Enough View Post
Nice claim. How about some facts. Do you know ANYTHING about gov't contracting?

If you are referring to Halliburton did you complain when Clinton awarded them their FIRST no-bid contract?
Quote:
Originally Posted by simetime View Post
Before the no-bid contracts courtesy of Cheney, they were not killing the market. If you can recall oil was not as expensive as it is now. From the billions of dollars from Iraq and Afghanistan (with many faulty products and corner cutting) up until Katrina their stocks soared. When the price of oil started to rise again they simply went back to their orignal product.

This still does not take away that a sitting V.P was still able to profit from a war that he help promote, which by definition makes him a war profiteer. In case that you did not know, it is illegal in this country.


Please try to follow the thread.
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Old 04-28-2013, 02:38 AM
 
Location: Unperson Everyman Land
30,455 posts, read 20,101,986 times
Reputation: 8375
Quote:
Originally Posted by RD5050 View Post
When America was in complete economic chaos in the Fall of 2008 ... Republicans were running away from Bush as fast as they could!

Remember the election of 2008 when no Republican candidate wanted to associate themself with Bush?

The stock market was in a freefall crash and losing 500 points a day!

Foreclosures were everywhere!

Banks were failing day after day!

Big companies like Circuit City were going bankrupt and closing business forever!

Hundreds of thousands of employees were being laid off each month, causing unemployment to skyrocket!

And now that Obama has restored our economy, the stock market has fully recovered and is now at an all-time high, unemployment has dropped from 10% back down to 7.6%, suddenly Republicans aren't as mad at Bush as they were in 2008?

My how quickly Republicans forget the past!


Literally laughed out loud!

We have 7.6% official unemployment and the lowest civilian workforce participation rate in thirty years.

That means millions of people gave up looking for jobs and the ones still looking can't find anything.

In fact, 8.7 million people have gone on SS disability and that's more people than have found jobs.

As for that stock market, keep in mind stocks are valued in US dollars that lose value every day.

The real question is how much gold will those dollars buy?

Gold Price History

The currency devaluation during the Weimar Republic made ordinary Germans millionaires, but so what?

The weren't better off because of it.


As for Bush, how did we ever survive 4-5% unemployment?


How Did GW Bush Cause Our Current Economic Problems?
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Old 04-28-2013, 07:01 AM
 
Location: Texas
35,242 posts, read 19,287,378 times
Reputation: 20854
Default After Four Years of Failure, W is as popular as Obama.

Just for accuracy's sake, Dubya had eight years of failure.
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Old 04-28-2013, 10:06 AM
 
Location: San Diego
5,319 posts, read 7,858,626 times
Reputation: 3376
Quote:
Originally Posted by momonkey View Post
Literally laughed out loud!

We have 7.6% official unemployment and the lowest civilian workforce participation rate in thirty years.

That means millions of people gave up looking for jobs and the ones still looking can't find anything.

In fact, 8.7 million people have gone on SS disability and that's more people than have found jobs.

As for that stock market, keep in mind stocks are valued in US dollars that lose value every day.

The real question is how much gold will those dollars buy?

Gold Price History

The currency devaluation during the Weimar Republic made ordinary Germans millionaires, but so what?

The weren't better off because of it.


As for Bush, how did we ever survive 4-5% unemployment?


How Did GW Bush Cause Our Current Economic Problems?
The method used to calculate unemployment hasn't changed ... so 7.6% is still only 2.6% higher than the 5.0% during the Bush years.

There were also people "not looking" for work during the Bush years. Only now, they use Obama as their excuse for not seeking employment.

And under Obama, unemployment has steadily dropped since Oct 2009!

View the numbers yourself:

Bureau of Labor Statistics Data

Regarding gold ... who cares? We haven't been on the gold standard since 1971.

The inflation rate is the only thing that matters, and the inflation rate for the past year has been less than 2%.

Historical Inflation Rate | InflationData.com

A gallon of milk and a dozen eggs still costs nearly the same now as they did 6 years ago.

Have a look for yourself: Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics

The only reason Bush's approval has risen is because he hasn't DONE ANYTHING during the past 6 years so there is nothing new to blame him for.

And now that our economy is starting to look better, Republicans aren't as angry at Bush as they were back in 2008.

Back in 2008, Republicans were running as far away from Bush as they possibly could!

Last edited by RD5050; 04-28-2013 at 10:14 AM..
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Old 04-28-2013, 04:30 PM
 
Location: Unperson Everyman Land
30,455 posts, read 20,101,986 times
Reputation: 8375
Quote:
Originally Posted by Old Gringo View Post
Just for accuracy's sake, Dubya had eight years of failure.


Yep, that 4-5% unemployment and was terrible. Things are so much better now with our new devaluated currency, an unending and pointless war in Afghanistan and more people going on SS disability than finding jobs.
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Old 04-28-2013, 04:58 PM
 
Location: Unperson Everyman Land
30,455 posts, read 20,101,986 times
Reputation: 8375
Quote:
Originally Posted by RD5050 View Post
The method used to calculate unemployment hasn't changed ... so 7.6% is still only 2.6% higher than the 5.0% during the Bush years.

There were also people "not looking" for work during the Bush years. Only now, they use Obama as their excuse for not seeking employment.

And under Obama, unemployment has steadily dropped since Oct 2009!

View the numbers yourself:

Bureau of Labor Statistics Data

Regarding gold ... who cares? We haven't been on the gold standard since 1971.

The inflation rate is the only thing that matters, and the inflation rate for the past year has been less than 2%.

Historical Inflation Rate | InflationData.com

A gallon of milk and a dozen eggs still costs nearly the same now as they did 6 years ago.

Have a look for yourself: Top Picks (Most Requested Statistics) : U.S. Bureau of Labor Statistics

The only reason Bush's approval has risen is because he hasn't DONE ANYTHING during the past 6 years so there is nothing new to blame him for.

And now that our economy is starting to look better, Republicans aren't as angry at Bush as they were back in 2008.

Back in 2008, Republicans were running as far away from Bush as they possibly could!



Starting to look better?

As long as you aren't working for a living I suppose.

The issue isn't inflation.

It's a devalued currency.

A devalued currency can present itself as higher prices when associated with high consumer demand or lower wages when associated with low consumer demand (stagnation).

The latter is what we have now.

"Sure, the job market sort of picked up at the end of last year, but Americans' wages actually fell, by 1.7 percent, according to the Bureau of Labor Statistics. In fact, the average weekly wage of the American worker dropped to $955 at the end of the year."

10 States Where Wages Are Falling



We have to go all the way back to May 1979 to match the civilian workforce participation rate we have today.

That means Obama sucks even by historical standards.

http://data.bls.gov/timeseries/LNS11300000

As for that irrelevant price of gold, the value of gold tends to remain steady as currencies fluctuate.

In the case of the US dollar, it has lost value with respect to gold because we have artificially low interest rates with respect to inflation.

If interest rates were higher relative to inflation, the buying power of the currency would increase and the economy would grow.

That was the brilliance of Reaganomics.

After the buying power of the dollar was restored (1984), people had money left over after the bills were paid and they used it to buy additional goods and services.

http://www.youtube.com/watch?v=W977W0Pmxc4
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Old 04-28-2013, 05:51 PM
 
Location: Round Rock, Texas
8,380 posts, read 8,371,514 times
Reputation: 6970
Unemployment continued to increase to over 10% after Obama took office, plus debt to GDP is now an unsustainable 105%.

Deficits? No problem....just print more trillions out of thin air.
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Old 04-28-2013, 05:55 PM
 
Location: Midwest
31,375 posts, read 19,621,110 times
Reputation: 7869
Quote:
Originally Posted by momonkey View Post
Almost as many people (47 percent) approve of how Bush handled his eight years in office as disapprove (50 percent), according to a new Washington Post-ABC News poll. Thatís the highest approval rating for Bush since December 2005.


George W. Bush


Look for Bush's popularity to continue to increase and for him to take an active roll in campaigning for Republicans.

You heard it here first.
People like GWB better now that he is making bathroom sketches instead of screwing up our country.
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Old 04-28-2013, 05:58 PM
 
Location: Round Rock, Texas
8,380 posts, read 8,371,514 times
Reputation: 6970
I miss his spendthrift () ways......compared to the disaster we have now.
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Old 04-28-2013, 06:47 PM
 
Location: The Land of Reason
13,300 posts, read 10,495,155 times
Reputation: 3541
I wonder if the dumbazz congress would have allowed money to be spent on the country's infrastructure what shape would we be in now?
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