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Originally posted by FlyersFan
You know it's gotta' be bad if NBC (the Obama shill machine) even admits it's bad.
Color me surprised ... and impressed. They actually called it like it is.
Originally posted by zroth
Capitalism is a global phenomenon not national.
Corporations are global not national.
One nation is of no concern.
Profit is job #1.
Originally posted by tothetenthpower
Gee let's see, the private sector is reporting record profits, but cutting jobs..
The public sector is getting ready for a belt tightening due to a variety of budgetary concerns that are all non issues considering nobody wants to discuss cutting the actual fat, which is military spending..
And were gonna blame the President for all that right?
Sure.
I don't like Obama as much as the next guy does, but come on, the GOP have literally road blocked every initiative that the democrats have attempted in order to resolve any issue.
Both sides are playing interference and they are both guilty of allowing more problems to occur.
~Tenth
Originally posted by Eurisko2012
Originally posted by zroth
Capitalism is a global phenomenon not national.
Corporations are global not national.
One nation is of no concern.
Profit is job #1.
We have profits.
We also have Europe slowing down. They will be buying fewer iPhones.
The only worldwide strategy i see is - kick the can down the road -.
----------
A good -step in the right direction - for the USA is to approve the Keystone Pipeline.
More jobs is better. Getting our oil from Canada is better than getting it from
the volatile middle east. Lets think 10 years ahead not 10 minutes ahead.
Originally posted by Eurisko2012
reply to post by zroth
Starting in January 2013 American Exceptionalism will lead us out of the global
economic malaise. Showing leadership is better than blaming others.
President Obama appears incredibly weak all over the world.
Just ask Putin.
Originally posted by zroth
Originally posted by Eurisko2012
reply to post by zroth
Starting in January 2013 American Exceptionalism will lead us out of the global
economic malaise. Showing leadership is better than blaming others.
President Obama appears incredibly weak all over the world.
Just ask Putin.
I have done you a disservice by addressing things broader than America and simplifying the issue humanity faces.
A different president wont change anything.
Still a fake economic control system ruling the world.
And that system is not run by America. America is only the guard dog.
People will continue to suffer when one nation holds itself in higher regard than another.
There is only one race, we are not separate. There is one connected eco-system that we all live off of.
For that I apologize.
Originally posted by sligtlyskeptical
Let's be honest here. We have been stuck in the mud since 2001. Clinton started it, Bush made it many times worse, and Obama has simply failed to do anything of substance. Had he fixed the whole mortgage mess as step one, then we might have had a chance to get out of this cesspool. Instead he relied on the Fed who has managed to magnify the problem in their attempts to keep the clock ticking.
Originally posted by Eurisko2012
reply to post by xuenchen
If i remember, the mortgage mess = Barney Frank / Maxine Waters.
- Everything is fine. Fannie Mae & Freddie Mac are not in trouble. -
----------
20/20 hindsight = If you can't afford to buy a house then don't buy one
Sep 25, 2008
The bush adminstration in 4/2001 raised red flags, the 2002 budget requests declares Fannie Mae and Freddie Mac
"Potential problem.. and can cause strong repercussions in the financial markets"
In 2003 the White House upgraded the warning to a systemic risk that could spread beyond the housing sector.
John Snow Treasury Secretary called for Regulations & Supervision of GSE's.
Barney Frank (D-MA) denied there was any problem " Fannie Mac & Freddie Mare are not in Crisis"
Encouraging the government to do more to get low income families into homes, Ultimately blocking the regulation.
Allan Greenspan , 2/17/2005 spoke about the dangers of Fannie Mae & Freddie Mac "enabling these institutions to
increase in size -and they will once the crisis in their judgement passes-we are placing the total financial system of
the future at a substantial risk
Charles Schumer (D-NY) 4/6/2005 ..."I think Fannie & Freddie have done an incredibly good job, and are an intristic
part of making america the best housed people in the world....if you look over the last 20 or whatever yrs. Theyve
done a very, very good job.
McCain (R-AZ) 5/25/2006 For years I have been concerned about the regulatory structure that governs Fannie Mae & Freddie Mac...
and there sheer magnitude of these companies and the role they play in the housing market...the GSE's need to be reformed without delay."
That bill ( FEDERAL HOUSING ENTERPRISE REGULATORY REFORM ACT) made it out of the senate banking committee with a party line vote all the democrats voted against it.
Senator Obama did not weigh in on the bill
Originally posted by Eurisko2012
Originally posted by tothetenthpower
Gee let's see, the private sector is reporting record profits, but cutting jobs..
The public sector is getting ready for a belt tightening due to a variety of budgetary concerns that are all non issues considering nobody wants to discuss cutting the actual fat, which is military spending..
And were gonna blame the President for all that right?
Sure.
I don't like Obama as much as the next guy does, but come on, the GOP have literally road blocked every initiative that the democrats have attempted in order to resolve any issue.
Both sides are playing interference and they are both guilty of allowing more problems to occur.
~Tenth
Truth be told is Senator Harry Reid doing any - road blocking - in the US Senate?
This economic malaise is happening on Obamas watch. Don't give him a pass.
Raise your hand if you want 4 more years of quick sand.
Originally posted by Eurisko2012
A different president will change - everything -.
Originally posted by tothetenthpower
Originally posted by Eurisko2012
Originally posted by tothetenthpower
Gee let's see, the private sector is reporting record profits, but cutting jobs..
The public sector is getting ready for a belt tightening due to a variety of budgetary concerns that are all non issues considering nobody wants to discuss cutting the actual fat, which is military spending..
And were gonna blame the President for all that right?
Sure.
I don't like Obama as much as the next guy does, but come on, the GOP have literally road blocked every initiative that the democrats have attempted in order to resolve any issue.
Both sides are playing interference and they are both guilty of allowing more problems to occur.
~Tenth
Truth be told is Senator Harry Reid doing any - road blocking - in the US Senate?
This economic malaise is happening on Obamas watch. Don't give him a pass.
Raise your hand if you want 4 more years of quick sand.
Listen, if you think it matters who gets to be puppet for 4 years, then why do you even have these discussions?
Do you actually believe, that any of those crooks, thieves and robbers are there for you? Sure sure, some of them have good intentions, but they never get anywhere.
Romney, Obama, Palin, Reid, Pelosi, they are all tools. Pieces on a chess board that doesn't care about you and doesn't include you.
Your economic problem is that America gave up it's ability to produce, regulate and manage it's own currency. It gave it up to the Rothchild's the the Rockefellers, who in turn, turned it over to the Monarch's of Europe, who still control the world.
You want a good economy? Get the international hands out of the pot.
~Tenth