Would The Democrats Tank Our Economy? »
Posted By pc25 11 months, 1 week ago in NewsWe have noted for some time that it is all too believable that the Democrats helped to precipitate our current financial crisis for political gain. After all, once it was clear that the surge in Iraq was working and that the war there would not be a good campaign issue for them, they began to talk down the economy.
And of course their minions in the media everywhere followed suit.
It was bruited across every newspaper and television news program for months that we were in a deep recession. Even though the actual GDP showed no such thing.
In the interim, energy prices mysteriously rose to an historic high. And Congressional Democrats
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RedRiverJ11 months, 1 week ago
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FTA- Then, around the time Mr. McCain pulled ahead in the national polls, top Democrats started a run on a bank (IndyMac, a bridge bank to Fanny Mae and Freddie Mac) and undermined a major insurance company (AIG, a major insurer for the financial markets).
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Couldn't have happened at a more opportune time, huh?-
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Goppy11 months, 1 week ago
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I simply do not understand why y'all hate America.
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America has given you freedom to raise a family, earn a decent living.
Why is there this incessant drive from Right Wing Extremists to see our nation fail.
Surely, y'all aren't taking seriously, Rush Limbaugh's clarion call for failure to befall our nation. Remember, he's an ENTERTAINER ... and a DIS-INFO-TAINER.
Look, y'all should be happy ... the Soviet style Gulags are about to be disbanded. Third World Nation tactics such as Torture has been rejected.
America is regaining her Moral Footing.
Traditional Republicans, I would think, would be happy.
Of course, there are no more Traditional Republicans ... there are only Ideologically driven ... Democracy hating ... Compromise hating ... Diplomacy hating ... citizens who seem to yearn ONLY for a kind of Dictatorship.
Well ... that ship has sailed.
The pretender to that post has vacated.
The damage done by that dunce has been great.
Given your attitudes to our nation, our soldiers, our freedoms, shouldn't you be happy in the knowledge that unprecedented damage has been done to these by YOUR leader?
Y'alls 'highwater' mark was George W. Bush ... that tide has left ... go back to your hovels and plan for America's destruction another day ... with another Morally Vacant candidate.
Today ... Patriotic Americans are trying to right the Ship.
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pc2511 months, 1 week ago
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it has happened before when George Soros broke the Bankof England
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http://www.investopedia.com/ask/answers/08/george-...
In Britain, Black Wednesday (September 16, 1992) is known as the day that speculators broke the pound. They didn't actually break it, but they forced the British government to pull it from the European Exchange Rate Mechanism (ERM). Joining the ERM was part of Britain's effort to help along the unification of the European economies. However, in the imperialistic style of old, she had tried to stack the deck.
and George Soros and MoveOn.Org said " we bought the democratic party" -
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pc2511 months, 1 week ago
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http://www.ibdeditorials.com/IBDArticles.aspx?id=2...
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A Party Bought And Paid For
Election 2008: MoveOn.org once crowed that it had bought and owned the Democratic Party. With the Senate now blasting its tactics, that's an open question. But not, apparently, for Democrats running for president. -
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buckncindykill11 months, 1 week ago
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A Dozen Fun Facts About the House Democrats' Massive Spending Bill
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1. The House Democrats' bill will cost each and every household $6,700 additional debt, paid for by our children and grandchildren.
2. The total cost of this one piece of legislation is almost as much as the annual discretionary budget for the entire federal government.
3. President-elect Obama has said that his proposed stimulus legislation will create or save three million jobs. This means that this legislation will spend about $275,000 per job. The average household income in the U.S. is $50,000 a year.
4. The House Democrats' bill provides enough spending - $825 billion - to give every man, woman, and child in America $2,700.
5. $825 billion is enough to give every person living in poverty in the U.S. $22,000.
6. $825 billion is enough to give every person in Ohio $72,000.
7. Although the House Democrats' proposal has been billed as a transportation and infrastructure investment package, in actuality only $30 billion of the bill - or three percent - is for road and highway spending. A recent study from the Congressional Budget Office said that only 25 percent of infrastructure dollars can be spent in the first year, making the one year total less than $7 billion for infrastructure.
8. Much of the funding within the House Democrats' proposal will go to programs that already have large, unexpended balances. For example, the bill provides $1 billion for Community Development Block Grants (CDBG), which already have $16 billion on hand. And, this year, Congress has plans to rescind $9 billion in highway funding that the states have not yet used.
9. In 1993, the unemployment rate was virtually the same as the rate today (around seven percent). Yet, then-President Clinton's proposed stimulus legislation ONLY contained $16 billion in spending.
10. Here are just a few of the programs and projects that have been included in the House Democrats' proposal:
* $650 million for digital TV coupons.
* $6 billion for colleges/universities - many which have billion dollar endowments.
* $166 billion in direct aid to states - many of which have failed to budget wisely.
* $50 million in funding for the National Endowment of the Arts.
* $44 million for repairs to U.S. Department of Agriculture headquarters.
* $200 million for the National Mall, including grass planting.
* $400 million for "National Treasures."
11. Almost one-third of the so called tax relief in the House Democrats' bill is spending in disguise, meaning that true tax relief makes up only 24 percent of the total package - not the 40 percent that President-elect Obama had requested.
12. $825 billion is just the beginning - many Capitol Hill Democrats want to spend even more taxpayer dollars on their "stimulus" plan. -
RRconComment removed: Spammer, Hard Banned11 Replies
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birdsabound11 months, 1 week ago
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Oh, brother. These dingbats would conjure up ANY fantasy in order to try to weasel out of having to face up to THEIR OWN guilt and irresponsibility.
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Have these people NO SHAME WHATSOEVER?
I hate to have to burst your pretty balloon, fools, but the REALITY of things is that it was YOUR arrogant wastefulness that actually SQUANDERED the economic advantage "King" Georgie and his Crackpot Cabal of NeoConMen INHERITED in the aftermath of the "demise" of the "former Soviet Union" and the "end of the cold war".
WHAT, pray tell, did you DO with that bonanza?? Did you do ANYTHING to head off the REAL PROBLEM --- which is the exhaustion of the supply of "easy" oil that this nation has long enjoyed but which is now 70% used up (much of it rather profligately) --- with which this nation is now faced??
OH! --- you say "We 'heroically' set about to 'secure' other sources --- by undertaking to establish "economic" controls over the resources of OTHERS elsewhere in the world,so that "we" could continue to pig up the supply for ourselves (and the devil take the Arabs and others who would be relegated to a second-class existence). So "we" invaded Iraq!
Well guess what, people. THAT DIDN'T WORK OUT TO BE VERY "ECONOMICAL", NOW DID IT??!
Now "we" are going to have to get busy ANYWAY and do "we" SHOULD have done in the first place, and COULD have done much more intelligently, efficiently, responsibly, CONSTRUCTIVELY and PEACEFULLY if "we" had but had the wisdom and wit to do so:
THROW OUT MUCH OF YOUR ESTABLISHED ECONOMIC INFRASTRUCTURE ABRUPTLY, AND GO BUILD THE CHEVY VOLT AND ITS DERIVATIVE PROGENY (for YOURSELVES!) ---and suffer the consequences of now having to do things THE HARD WAY! -
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4thchance11 months, 1 week ago
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Here's a little something to ponder...Isn't it about time the American people wake up? Come on man, we can't continue to be this STUPID!
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The first bail-out money disappeared, it fixed NOTHING. Seems the banks don't know or won't say where that 350 BILLION DOLLARS went. Isn't that enough for us to say. NO MORE!? I guess not.
So lets continue on a ways further here.
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Banks received 350 BILLION, it's gone, no ones knows where it went. RED FLAG #1
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Some of the most powerful people in the country have ripped us off for countless billions of dollars. RED FLAG #2
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Seems about every day or so, we learn of yet more politicians who are nothing more then corrupt lying thieves. RED FLAG #3
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Our government seems to want to simply ignore all the above problems.
RED FLAG #4
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All these problems have ruined the economy, and even more importantly, it has ruined our trust in the government and the markets. But yet, the government doesn't seem to want to do anything to stop these problems and or stop this type of behavior. RED FLAG #5
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Now Obama is asking us to give up BILLIONS MORE. Billions more that is mostly PORK so it will do no good. The evidence says it will do no good. RED FLAG #6
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Lack of money is not the problem here people. The only reason we have these problems is do to rip offs, scammers, corruption and greed. So, they have the nerve to ask us to give up even more money to these (rip offs, scammers, corrupt greedy pr*cks) The thieves have already cleaned us out, and now they ask us to volunteer giving them even more money. LOT'S MORE, That's not right. RED FLAG #7
Here's what NEEDS to be done to fix the problems. Obama needs to get very very tough. He should go after everyone and anyone who is involved with all this corruption. He should insist that all of them be put on trial RIGHT AWAY. All of them should be prosecuted and then imprisoned for a very long time. They should also be forced to give up all the money they stole and EVERYTHING they own. WE NEED ACCOUNTABILITY AND JUSTICE. But the problem is, we are not going to get it.
Have you heard Obama mention one single word about (ACCOUNTABILITY AND JUSTICE) NO he has not said one single word (WHY NOT?). That tells us he has no intention of doing anything of the kind. So, the root of the problem is not going to be addressed or fixed. Throwing more money at it is simply "whipping a dead horse" Until something is done to stop the corruption, then it's not going to stop, why should it. These thieves know they can get away with it.
Throwing more money at these problems is like taking pain killers for pain. IT DOES NOT FIX ANYTHING, IT JUST TEMPORARILY RELIVES THE SYMPTOMS. We can't keep taking pain pills for ever, we will run out of pain pills/MONEY!
Until Obama steps up and grows some balls, and then goes after corruption, all our problems are only going to get worse.
In a nutshell, WE ARE SCREWED.... OVER & OUT! -
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sonofjohn11 months, 1 week ago
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The economy already tanked under Bush and the Republicans and you nut cases are worried about Obama. Guess like Limpballs you all want Obama to fail so America can truly be the third world country Bush tried so hard to accomplish. None of you are patriotic but damn traitors.
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4thchance11 months, 1 week ago
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You know what, you are really a naive idiot. Yes, the economy right now is in bad shape, and yes, it did come down under the watch of Bush. BUT SIR, the economy hasn't TANKED, not even close. This is NOTHING compared to a REAL Economic MELT DOWN. In comparison to what COULD happen we are still in the party mode. Beleive me, if and when the economy TRULY tanks, you will be saying (How did Obama let this happen) because right now things are pretty peachy keen compared to a REAL MELT DOWN. You know, where all the banks fail, no one can have money from the banks, no one gets paid and no one works. No Food is being processed and no trucks will be running to keep the store shelves full of food for you. Then in the cities where there are MILLION of hungry people...well, do I need to paint a picture for you as to how bad things could get!? Wake up!
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Eagle_Eye11 months, 1 week ago
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b-happy 10 minutes ago
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Abusive? So pointing out the truth is abusive? You are a moron. Of course when you get caught being a complete hypocrite calling everyone else haters while all you do is spread the hate you will turn to the normal liberal way of arguing. Call me abusive and call me names. Please post my Im everywhere so all the people can see the real side of liberalism which is to call everyone names for doing one thing while you turn around and do the same thing as the people you call haters. The funny thing is that you read my IM, can't disagree, and now your gonna go tell mommy that I'm abusive. AWWWWW.... "Can't take the heat then get the **** out of the Kitchen" (Quote from Chef Ramsey") Cry Baby.. Reply
another hateful IM from a b-happy
Please tell me pc25, klarissa, wolfie, 4thchance, etc, do you feel the same way and support this type of person????
Yesterdays hate full IM to me:
Rush vs. you
b-happy 1 day ago
I don't see the difference between what Rush said and what you Libs. said for the last eight years....
You wanted Bush's policy on torture to FAIL since you didn't support it right?
You wanted Bush's policy on the environment to FAIL since it was such a horrible policy right?
You wanted Bush's policy on wireless phone tapping to FAIL since you didnt support that. Right?
What's the difference between what Rush believes and what you believe? If you believe that what Rush says is hate, and you thought the same things about Bush's policy's you didn't support, are you a hater too?
I would suggest that instead of going to media matters or any of your other Liberal sites where you can copy and paste taken-out-of-context quotes from Rush Limbaugh, you should actually read the whole segment on what he said. Maybe you wouldn't come up with such blind sheeple type articles that appease to the left but without the full truth behind the words spoken by Rush.
BTw, where is all the hate postings by your Liberal friends against George Bush? Did the agent orange make you forget it or are you just biased to the point that you only post things that make Obama look good and everyone else bad? I would call that hate. Reply
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jiants198611 months, 1 week ago
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The short memory of the American public amazes me. Does everybody forget that the markets and economy were tanking as Bush took office. The unsustainable internet driven stock market was falling apart. Once lauded companies were being charged with fraud. Then came 9/11 and further earnings problems. The S had dropped over 50% in a 2 yr period. It was under Bush that the economy and markets recovered and reached new highs. Unfortunately it did so too quickly and fell apart once again because it was an unsustainable real estate driven market.
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How quickly we forget the successes of individuals when plans failures take place. You're a hero one day and a fool the next. -
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NoWayMan11 months, 1 week ago
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the republicans are the champions of disaster economics, and this has been proven at length (try reading The Shock Doctrine).
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And many legit news entities have already traced the financial crisis and housing crisis back to the culprits, and most of them are republicans (Phil Graham is a perfect example of this).
so, instead of trying to blame the dems for your downfall, maybe you cons need to look in the mirror.
"republican" is now a derogatory term, and its not because of anything the dems did. -
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Klarissa11 months, 1 week ago
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http://www.pic2009.org/page/content/donors/
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more than $50,000 but see the website for the total list
Robert Mandell Self employed Winter Park FL 32790-2106 $51,450.00
Mark Weiner Financial Innovations Cranston RI 02910-4019 $51,500.00
Pat Mcconathy Self employed Vail CO 81657-4528 $52,000.00
Charles Phillips Oracle New York NY 10024-2401 $52,000.00
David Steward Worldwide Technology Saint Louis MO 63141-8021 $52,000.00
John Hussman Hussman Funds Ellicott City MD 21042-7870 $52,500.00
Zev Furst First International Resources Englewood NJ 07631-3631 $53,000.00
Tebogo Mathiba Houston TX 77004 $53,000.00
Ellen Ratner Self employed Brooklyn NY 11201-3870 $53,000.00
Guy Ruffin NSO Llc. Puyallup WA 98375-8408 $53,000.00
Lisa Ruffin NSO LLC Puyallup WA 98375-8408 $53,000.00
Cleveland Slade Strategic Resources Great Falls VA 22066-3400 $53,000.00
Mikal Watts Watts Law Firm San Antonio TX 78205-3701 $53,000.00
Knowlton Atterbeary KRA Corporation Silver Spring MD 20910-3756 $53,500.00
Steven Cohen Cohen Law Group Chicago IL 60614-5578 $54,000.00
Elizabeth Galvin Not employed Washington DC 20016-3203 $54,000.00
Jerry Johnson Prwt Services Inc Bryn Mawr PA 19010-1911 $54,000.00
Marcella Jones IR Washington DC 20012-1929 $55,000.00
Michelle Lerach Coughlin Stoia La Jolla CA 92037-1133 $55,000.00
Corbett Price Kurron New York NY 10023-7708 $55,000.00
Roderick Rickman Rickman Enterprise Group/MPS West Bloomfield MI 48322-3073 $55,000.00
Jared Ficker Calif Strategies LLC Sacramento CA 95816-4504 $56,000.00
Carole Hays SHN Theatres, LLC San Francisco CA 94121-1028 $56,000.00
Rita Isaacs Not employed Piedmont CA 94611-4103 $56,000.00
Wylie Aitken Aitken Aitken Cohn Santa Ana CA 92707-6076 $57,500.00
Ulice Payne Addison-Clifton, LLC Greenfield WI 53228-1029 $58,500.00
Paul Diaz Kindred Healthcare Inc. Louisville KY 40207-5713 $60,000.00
Howard Gottlieb IR Evanston IL 60201-3624 $60,000.00
Jeffrey Wright Self employed New York NY 10003-1526 $65,000.00
Bernard Rapoport AMERICAN INCOME LIFE INSURANCE Waco TX 76702-1900 $75,000.00
Claudia Welss Self employed Berkeley CA 94708-2212 $75,000.00
Ronald Blaylock Gennx360 Capital Partners New York NY 10022-7402 $82,500.00 -
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Klarissa11 months, 1 week ago
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http://www.pic2009.org/page/content/bundlers/
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See the web site for the whole list
Those collecting $300,000
Name City State Employer Amount 5
Tirzah Firestone Boulder CO Self Employed $300,000.00
Suzi Levine Seattle WA Self employed $300,000.00
Steve & Candace McKeever Santa Monica CA Hidden Beach Recordings $300,000.00
Smith Bagley Washington DC $300,000.00
Robert Zimmerman Great Neck NY Zimmerman/ Edelson $300,000.00
Penny Pritzker Chicago IL Pritzker Realty Group $300,000.00
Nicole Avant Los Angeles CA Interior Music Publishing $300,000.00
Mike Berkowitz The Bonner Group $300,000.00
Michael Sacks Highland Park IL Grosvenor Capital Mgmt $300,000.00
Michael Parham Seattle WA Real Network Inc $300,000.00
Mary Pat Bonner Washington DC Bonner Group, Inc. $300,000.00
Mark Gorenberg San Francisco CA Hummer Winblad Venture Partners $300,000.00
Louis Susman Chicago IL Citibank $300,000.00
Lester Coney Chicago IL Mesirow Financial $300,000.00
John Rogers Chicago IL IR $300,000.00
John Levi Chicago IL Sidley Austin LLP $300,000.00
Jean Bailey Silver Spring MD Howard Univ. $300,000.00
Jane Stetson Norwich VT Self employed $300,000.00
James Crown Chicago IL Henry Crown & Company $300,000.00
James Alefantis Washington DC Bucks Hunting and Fishing $300,000.00
Jack Antaramian Naples FL Self employed $300,000.00
David Friedman Longmont CO Sandy River Hlth Systems $300,000.00
Daniel Halpern Atlanta GA Jackmont Hospitality, Inc $300,000.00
Cynthia Stroum Seattle WA Stroum Enterprises $300,000.00
Christopher Sacca San Francisco CA Lowercase Capital $300,000.00
Christine Forester La Jolla CA Self employed $300,000.00
Charles Rivkin Santa Monica CA Wildbrain $300,000.00
Carol Hamilton Hamilton Sakia $300,000.00
Beatrice Welters Mc Lean VA An-Byce Foundation $300,000.00
Andy Spahn Los Angeles CA Andy Spahn & Associates Inc $300,000.00
Ambassador Elizabeth Bagley Washington DC $300,000.00
Alphonse and Ellen Fletcher New York NY Flether Asset Management $300,000.00
Alan Solomont Weston MA SB Ventures/Philanthropic Initiative $300,000.00
Agnes Varis and Karl Leichtman New York NY Agvar Chemicals $300,000.00-
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NoWayMan11 months, 1 week ago
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maybe you should read the website where it says:
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Unlike previous inaugural committees, the 2009 PIC does not accept contributions from corporations, political action committees, labor unions, federally-registered lobbyists, non-U.S. citizens and registered foreign agents and does not accept individual contributions in excess of $50,000. Bundling is also capped at $300,000 per donor.
which means, before Obama, all the entities above (corporations, political action committees, labor unions, current federally-registered lobbyists, non-U.S. citizens and registered foreign agents) could donate at will, without repercussions, and there were no limits.
and the republicans didn't have any problem with that.
ya idiot.
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EDWARDIII11 months, 1 week ago
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There was a quality of dirtiness about Obama's election. In addition to sneeky fund-raising there was the ACORN scandal and his associations in "The Chicago Way" of doing politics. His odd relationship with the truth adds to this impression. I don't mind that he was once a moslem but it bothers me that he lied about it, and it bothers me that he claims to be a christian when he states in his book that he joined a church only when he was told he needed membership to be taken seriously in Chicago politics.
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birdsabound11 months, 1 week ago
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Anyone who imagines that the whole process would somehow have been any "cleaner" if the outcome had gone the other way IS SIMPLY DELUDING HIM OR HER SELF. McCain carried with him a LOT of "personal baggage" --- and some of that dirty linen would now be "coming to light", being brought out by HIS opponents.
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I saw enough of it back during the campaign to convince ME, for one, that Obama is by FAR the better man. -
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