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Why is it that Republicans/Conservatives on this board rarely post links to things they post? Even if you got it in an email, you could do a quick google search to find out where it came from. Hint: It's Glen Beck....
I wouldn't have guessed that by the (beck) at the end.
Anyways... Red Herring, attack the source rather than the information. Do you do that because its a conservative that said it, or do you do that because you can't refute the facts presented?
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,259 posts, read 24,756,161 times
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Quote:
Originally Posted by floridasandy
On the Domestic Front
Now, the DJIA stand at 9093, the official unemployment rate has hit 9.5% with non-government economists suggesting that the real unemployment rate is closer to 20% with over half-a-million Americans filing initial jobless claims WEEKLY. Unbelievably, the same ‘experts’ that missed the near-collapse of the global financial system are telling us about ‘green shoots’ and more good economic times ahead while are banks remain basically insolvent despite having received hundreds of billions of dollars in taxpayer money and continue to fail without the infusion of taxpayer cash.
The 6.7 trillion dollar commercial real estate market faces hard-times with Wells Fargo reporting a 69% jump in non-performing commercial loans between the first and second quarters of this year. Commercial real estate prices are down 35% from their 2007 peak. Even that great optimist Ben Bernanke was forced to concede that the market for securities backed by commercial mortgages remains “completely shut down.” On the residential front a massive wave of optional adjustable mortgages are coming and the vast majority of these option ARMs are set to re-finance in 2010 and 2011.
The eighth largest economy in the world—which would be the state of California—has been paying its bills with worthless pieces of paper (no, not the US Dollar, but IOUs) that are so worthless that even our insolvent banks won’t accept them. And while the good people of California continued to work hard the politicians there spent their time debating whether or not cow tails should be removed from cows. The politicians worked out a grand solution to their money problems that include letting the sea otters keep their trust fund, sending 26000 prisoners home 20 months early and authorizes the California state government to “forcibly borrow” money from the county and city governments.
It gets better. The California public pension system director has now come out and said (apparently with a straight face) that he wants to make riskier investments in order to make up for the 23% loss it recently sustained. So, if I understand his thinking, the more you lose on risky investments the more money you should invest in even riskier investments—he’s got to get together with Joe “we have to spend money to keep from going bankrupt” Biden—that would be fantastic!
And while California is on the financial ropes the federal government is doing what it does best: taking advantage of their situation by telling state officials that if they close state parks due to budget problems it will seize the land, auction it off or re-sell it to the state. This land grab isn’t an isolated incident. ACORN and the SEIU are part of this land grab. It’s not just a grab for physical land—but for our freedoms and liberties. These organizations are engaged in a pattern of intimidation and suppression of your rights.
At the national level our political leadership has put their faith in money and not the people. Both George W. Bush and Barack Obama, at their core, think the American people aren’t ready to make the hard sacrifices so they printed money—lots of it. The TARP Inspector General has valued the total TARP monetary bailout commitments at 23 TRILLION dollars.
On the International Front
While President Obama is trying to create an atmosphere in order to have an open dialogue with our enemies, Iran continues to make progress building a nuclear bomb with some diplomats saying they could test one within six months which would set-off a nuclear arms race across the Middle East.
Further east, China has gone from giving vague and cloaked answers about their support for our bonds to having their highest officials publicly call for a new reserve currency to replace the US dollar as the financial global backbone and our economic and military competitors Russia, Brazil and India were quick to endorse the idea.
Closer to home Venezuela is continuing their military build-up by doubling the number of existing tank battalions and following through on its purchase from Russia of 100,000 combat rifles, 24 top-of-the-line fighter-bombers, and 50 helicopters and is using this power to assist Iran and Hezbollah operations in South America. Meanwhile, Mexico continues to struggle against narco-terrorist organizations that seem to have the Mexican military out-manned and out-gunned as they struggle to end their reign of drugs and terror.
The Obama Administration’s response to these events is to continue the Bush Administration approach of “ignore them and maybe they’ll go away.” Adding insult to national security is that while our government has found $1,900,000 for the Pleasure Beach water taxi service project and another $4.2 billion for 341 other pork projects there’s apparently no money for border security and that’s why our politicians have actually requested VOLUNTEERS from the National Guard to serve on the border.
Our Politicians Continue to play Politics While the Country Teeters
So while our economic, domestic and international problems mount what are our politicians doing? In New York City our billionaire mayor, Michael Bloomberg, worked on passing a law to prevent YOU from idling YOUR car while his SUV idles 40 MINUTES at a time throughout the day.
Mayor Bloomberg joins a growing list of hypocrites and elitists who firmly believe they are entitled to live one way while forcing you and your family to live by another more restrictive set of rules. Michelle Obama preaches thrift and cutting-back while wearing $500 sneakers at a food-bank and quipped that $600 wasn’t really a lot of money and could easily be spent on a pair of earrings; Barack Obama, Harry Reid and Nancy Pelosi are working overtime trying to force government health care down our collective throats while absolutely refusing to commit to adopt that same health care plan for themselves and their families; and Al Gore and the green movement ilk continue to make billions by forcing us to change our light bulbs and compel us to bring toxic mercury into our homes. And Charlie Rangel pushes for higher taxes while refusing to pay what he owes. Our youth are ‘educated’ through the propaganda of Americorps and ‘tolerance camps’ that this type of elitist behavior is good and that its okay for ‘them’ to live by a different set of rules than the ‘small people’ have to follow.
Not only are we losing our freedoms we seem to be in a race to do it. The TARP bill under Bush was a “must have rush bill”, the stimulus bill under Obama was a “rush”, the cap-and-trade bill “had to get passed” quickly and the health care bill originally had to be passed out of both chambers of congress before the end of August. Why? It took the Obama family three months to select the family dog—but the restructuring and rebuilding of America has to take place over one summer? (beck)
can anyone even argue with this post?
I have to agree. After 8 years of Republican rule, things are in fact pretty daymn bad out there.
That things have been going to he** in a handbasket is relatively undeniable. That Conservatives wish to keep blaming Obama is where I'm incredulous....
It has been a bi-partisan effort getting into this cluster-**** and it will take one to get out....
as a fiscal conservative, i am willing to agree that both parties have been responsible for this mess, each to some great degree, although the democrats have the ball now and do not seem to be handling things well.
i just hope that the blue dog democrats (who are in the only position to really stop the spending) can block further reckless spending, cap and trade, and the current health care bill.
really? the past 8 years of "fisical" restraint got us into this mess! You want to blame Obama for this economy? He's been in office for 6 months and a week so far. Dubya was handed a surplus and left us with a trillion + deficit, two wars, banks failing, record foreclosures, Wall Steret firms going under, a credit crunch and a recession that started in December of 2007 yet they didn't tell us until last summer!
So far Unemployment is slowing even though it is a lagging indicator, the stock market is up, and new home sales went up 11% in June.
If you are a true fisical conservative where was you out rage as Dubya bled our Treasury dry trying to rebuild IRAQ to the tune of $10 billion a month?
how the heck can the democrats deny any responsibility for the last 2 1/2 years that they had control? congress writes the bills! they got nothing done in 2 years, no reforms, nothing. what happened to that wall street executive bonus clawback? nothing.
it is ironic that some democrats are watching the dow for recovery and some republicans are watching the unemployment statistics. my how times have changed! it seems like some democrats will be happy with this "jobless" recovery.
btw, i was not happy with bush's reckless spending and voiced that opinion many times. i thought it was insane to go to war even when others disagreed. as i have pointed out, what the heck do people think happened to russia when they collapsed? i think it is insane to be at war now and escalating yet again, from a moral standpoint and a financial standpoint.
I find it funny that Republicans seem to look past the last 6 years, and only focus on the last 6 months.
The economy was in the tank before Obama took office. I don't agree with everything the man has done, far from it, but he was given a lemon when he got into office. It was down two cylinders, and running through more oil then gasoline, so its going to take some time to get it fixed.
You can blame Bushy boy for a lot of the issues. He WAS THE FIRST PRESIDENT IN THE HISTORY OF THE UNITED STATES TO LOWER TAXES DURING A TIME OF WAR!!!! No President had ever done this, it was considered patriotic to pay a higher tax rate during war times. Its what we could do at home to support our boys over there.
So give the man some time, the economy is showing some signs of turning around.
Oh, and Michigans problems go way before Granholm, so don't talk about them if you don't understand the full spectrum of the issues there. And the last time I checked California has a Republican governor.
We're still talking about the sorce, and partisan tactics, rather than the subject presented?
Did you even notice the actual subjects they brought up?
That is the first thing I look for. Now go back and decipher that crap and decide for yourself: Which of this is really a problem created by the Obama administration, and which is patent BS, poses no problem to anyone but is instead rightwing propaganda that is aimed at the dumbest people who would believe it in the first place? (ACORN, Venezuela, etc., etc.)??
I am not reading through all that crap because a quick scan revealed more than a few red herrings. I can only imagine he was called a Muslim and was born in Kenya too....
Why don't we hear about obesity in places like Ethiopia, or better yet, hear about the "thyroid" problem over there?
Just curious....
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