THE POLITICAL ARENA!!! Political Gladiators Inside!!

[Banned]

100 Million people NOT WORKING and this asshole calls it an upturn????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

[songsmith]

After the 2nd worst recession of my lifetime, we should be going gangbusters and have had at least one year of 5% growth. Yep, 2% increase in next to nothing is still next to nothing.

So conservative math says we're better off IN RECESSION than slow growth. Well, okay. That makes perfect sense... NOT.

I was actively house hunting in FL for 2 months and researched the prior sale prices for many...they are selling like hotcakes for about half of what they sold for before the housing bubble.

That's why they called it a 'bubble." The houses were never really worth that 2006 price. The prices were enhanced by all the free money the banks were giving away, then trading on the risk. Duh.

I saw an auction short sale for two golf resort multi-family units where the prior selling price was over a $million each and the sale price was $92,000. Had I gotten there a week earlier, I would have bid on both of them. Ten cents on the dollar there Johnny...big, big upturn.

Perhaps I can illustrate: Some Beanie Babies once sold at over $100 each, when they were the fad. When it faded, the idea of Beanie Baby investment did as well. Result: My dentist lost over 10 grand, and no Beanie Baby is worth much more than a dollar or two. Beanie Babies were made for a cost of about $0.25 each. They were never REALLY worth $100. It was wishful thinking.
Going from recession in 2008 to recovery in 2009 (and since) is what many financial geniuses call an "upturn." Bawling that it's not enough is just rhetoric. Many of us economic dummies understand that a return to Bush-era policies would send us right back to negative territory.

[nakedtwister]

Shit, now what the %#@* do I do with all the Beanie Babies in the attic?

[Banned]

send us right back to negative territory.

A $15.7 TRILLION DEBT and 100 million people without a job------------------------------------------------------------------------------------------------------That's not negative territory?????????

[lonewolf]

So conservative math says we're better off IN RECESSION than slow growth. Well, okay. That makes perfect sense... NOT.

No. Investor math says this so-called recovery sucks and its a bad omen that I had to go defensive already. It will get worse when the fed runs out of room for more money.

That's why they called it a 'bubble." The houses were never really worth that 2006 price. The prices were enhanced by all the free money the banks were giving away, then trading on the risk. Duh.

I said before the bubble, double duh.

And besides, what the hell do you know about real estate besides that its good to have a spouse with good credit? Have you even made one penny from it? I retired younger than you are right now...mostly from real estate investments. Its like I'm playing in the minor leagues and you just got your T-ball set. Your beanie baby analogy only shows that you don't even understand the meaning of the words: real estate.

The banks were only giving away free money because the feds told them to or pay penalties. Now, to make up for it, Florida sellers are practically giving away free property.

Many of us economic dummies understand that a return to Bush-era policies would send us right back to negative territory.

We are already (still) using Bush-era policies...left wingers are just too partisan or too stupid to see that. Obama is just Dubya squared.

[eightpointish]

While it may not be a speedy recovery, its improving. Pretty simple, shit got worse under Bush's inept leadership. Things are getting better now, albeit slower than we would like, but still improving. Regan, bush and bush all proved that conservative policy does not work for anyone other than the wealthy.



Steve

[lonewolf]

While it may not be a speedy recovery, its improving. Pretty simple, shit got worse under Bush's inept leadership. Things are getting better now, albeit slower than we would like, but still improving. Regan, bush and bush all proved that conservative policy does not work for anyone other than the wealthy.



Steve

Hahahah...conservative policy...hahaha...nothing has changed in policy since Obama took office...the only thing that has changed is that the bill for services has gone up along with the debt...a lot!

[f.sciarrillo]

While it may not be a speedy recovery, its improving. Pretty simple, shit got worse under Bush's inept leadership. Things are getting better now, albeit slower than we would like, but still improving. Regan, bush and bush all proved that conservative policy does not work for anyone other than the wealthy.



Steve

Uh, Obama hasn't changed one policy that Bush passed. So saying that it is conservative policies is pretty far fetched.

Welcome the forum, by the way.

[Banned]

While it may not be a speedy recovery, its improving. Pretty simple, shit got worse under Bush's inept leadership. Things are getting better now, albeit slower than we would like, but still improving. Regan, bush and bush all proved that conservative policy does not work for anyone other than the wealthy.



Steve

Hahahah...conservative policy...hahaha...nothing has changed in policy since Obama took office...the only thing that has changed is that the bill for services has gone up along with the debt...a lot!

LOL, Bush was a bigger liberal spender than Clinton. They keep hating on Bush, as they are told, but if these liberals opened their eyes, he was one of them. The Kenyan has just taken it over the cliff.

[eightpointish]

Lol you guys will stop at nothing to always be right. Really, Obama has changed nothing, then wtf are you guys bitching about.

[Banned]

I called for Bush to be impeached for acting like a liberal.

[lonewolf]

Lol you guys will stop at nothing to always be right. Really, Obama has changed nothing, then wtf are you guys bitching about.

Simple...big, big invasive government. It started in 1937 and kept growing and growing and now, its completely out of control.

You don't really believe that Obama (especially with zero executive experience) actually runs an organization as gigantic as the US government, do you? With all the trips and rounds of golf? Nobody runs it. It runs itself.

[Banned]

Dear American Taxpayer

For only the second time in my adult life, I am not
ashamed of my country. I want to thank the hard
working American people for paying $242 thousand
dollars for my vacation in Spain .

My daughter Sasha, several long-time family friends,
my personal staff and various guests had a wonderful time.

Honestly, you just haven't lived until you have stayed
in a $2,500.00 per night private 3-story villa at a 5-Star luxury hotel.

Thank you also for the use of Air Force Two
and the 70 Secret Service personnel who tagged
along to be sure we were safe and cared for at all times.
By the way, if you happen to be visiting the Costa del Sol ,
I highly recommend the Buenaventura Plaza restaurant
in Marbella ; great lobster with rice and oysters!
I'm ashamed to admit the lobsters we ate in Martha's Vineyard were not quite as tasty,
but what can you do if you're not in Europe , you have to just grin and bear it?

Air Force Two (which costs $11,351 per hour to operate
according to Government Accounting Office reports)
only used 47,500 gallons of jet fuel for this trip
and carbon emissions were a mere 1,031 tons of CO2.

These are only rough estimates, but they are close.
That's quite a carbon footprint as my good friend
Al Gore would say, so we must ask the American
citizens to drive smaller, more fuel efficient cars and
drive less too, so we can lessen our combined
carbon footprint.

I know times are hard and millions of you are struggling
to put food on the table and trying to make ends meet.
So I do appreciate your sacrifices and do hope you
find work soon.

I was really exhausted after Barack took our family
on a luxury vacation in Maine a few weeks ago.
I just had to get away for a few days.

Cordially,
Michelle (Moochelle) Obama

P.S. Thank you as well for the $2 BILLION dollar trip
to India from which we just returned!

P.SS. Thank you, too, for that vacation trip to
Martha's Vineyard; it was fabulous.

And thanks for that second smaller jet that took our
dog Bo to Martha's Vineyard so we and the children
could have him with us while we were away from the
White House for eleven days. After all, we couldn't
take him on Air Force One because he might pee
on some wires or something.

P.SSS. Oh, I almost forgot to say thanks also for
our two-week trip to Hawaii at Christmas. That 7,000
square foot house was great!
P.SSSs don't forget my ski trip to Vail this winter
and now the girls and I are in Africa with my mom.
All this while Barack golf’s and campaigns to
keep my trips coming for the next 4 years !
Love ya!Remember, we all have to share the pain of these
economic times equally!
Love to -redistribute- share- the wealth.

PLEASE VOTE FOR MY HUSBAND.

[lonewolf]

I have a theory that all the growth in GDP during the past year comes exclusively from price increases for goods & services. I'm going to cut through the bullshit and find out. While GDP is adjusted for inflation, commodities price increases outweigh "official" inflation rates by at least 5x.

In other words, even though the criminals in DC report 2% inflation, that box of Cheerios went up 25%

[lonewolf]

What has Obama changed?

Credit Default Swaps

The government has established a commission to determine which government department should regulate CDS, if at all.
After 2 years, they still haven't chosen a department.

Mortgage Backed Securities

Unchanged

Tax Cuts For The Rich

Extended until after the 2012 election.

Healthcare

Passed a semi-comprehensive insurance law, most of which is not implemented until after the 2012 election.
Its constitutionality will be declared in June.
Initial fraudulent information given to CBO caused a huge underestimation of the taxpayer cost.

Defense

Repealed Don't Ask, Don't Tell
Continued the troop withdrawal from Iraq under the 2008 U.S.–Iraq Status of Forces Agreement
Tripled the number of troops in Afghanistan
Approved the dead or alive capture of Osama Bin Laden

I'm sure I missed some things and that many of you will want to "help" remind me.

[Lowender]

I was illustrating as to this that was said prior. I was not the one saying Obama has not changed anything.

"Uh, Obama hasn't changed one policy that Bush passed. So saying that it is conservative policies is pretty far fetched."

Just trying to clarify ,

take care

steve

[songsmith]

send us right back to negative territory.

A $15.7 TRILLION DEBT and 100 million people without a job------------------------------------------------------------------------------------------------------That's not negative territory?????????

No. No, it's not. Losing 700,000 jobs a month to gaining 200,000 a month may be slow, but it's GROWTH, no matter what your media tells you. It's simple math, but math is hard to reckon with what you're being sold, so you'd rather ignore reality. That's okay for you, but the rest of us would rather not live in that fantasy world.
15.7 trillion in debt. That's your number this week. I've heard you say as much as $60T, and I've heard your heroes on WRTA say $150T in ten years, so those talkshow-based numbers must fluctuate alot from day to day. I think $15T isn't even close to GDP, and many people have debt that amounts to more than a year's wages, especially if they buy a house. Those debt numbers include the bills for Medicare Part D, the Iraq War, the Afghanistan War, loss of revenue caused by the Bush Economic Crisis, and the Bush Tax Cuts For The Rich. You can blame Obama, because that's what you're told to do, but again, reality wins in the end. The wing-nut messaging machine is the highest paid on the planet, but it's losing effectiveness due to overuse, and Obama wins easily in November.

[songsmith]

I retired younger than you are right now...mostly from real estate investments. Its like I'm playing in the minor leagues and you just got your T-ball set. Your beanie baby analogy only shows that you don't even understand the meaning of the words: real estate.

The banks were only giving away free money because the feds told them to or pay penalties. Now, to make up for it, Florida sellers are practically giving away free property.
.

Yes, Jeff, we all know you're a super-wealthy investor/rock-star/electrical engineer. We all envy your high-flying lifestyle and massive intellect. We acknowledge that only YOU can fully comprehend anything more than a 1040EZ form or how to plug in a distortion pedal. I'm thinking about making a peanut-butter sandwich... any recipes, before I louse it up on my own?

BTW, if you think the real estate crisis was caused by the government "forcing" banks to give away money, you're not in the minor leagues, you have a baseball patch sewn on the bib of your baby-blue onesie. Blah-blah all you want, nobody believes it. Wall St. owned the govt then, and now. They insert whatever line in whatever bill that benefits them. They gave away free money because they traded the risk to someone else. All they cared about were the fees, as evidenced by the robo-signing of mortgages, and many people are getting free properties simply because the bank doesn't know where their loans even originated. They did it SO MUCH they don't even have recorded proof! That old tired excuse that government FORCED those poor banks to hand out money is pure Fox News fantasy, and your dedication to it is proof of why you're hard to take seriously as a know-it-all.

[Banned]

100 millions Americans without a job and the Federal Debt is at $15.7 TRILLION.


And stumpy corndog thinks this is not a negative?!?!?!?!?

[lonewolf]

BTW, if you think the real estate crisis was caused by the government "forcing" banks to give away money, you're not in the minor leagues, you have a baseball patch sewn on the bib of your baby-blue onesie. Blah-blah all you want, nobody believes it.

Only the mayday left-fielders don't believe me. Here ya go T-ball boy:

http://www.businessinsider.com/the-phon ... act-2009-6

"The Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, which opened the door for interstate banking and encouraged a new wave of banking M&A, made the ratings under the CRA a test for determining whether acquisitions would be allowed. That same year, the Fed refused to allow a Hartford, Connecticut bank to acquire a New Hampshire bank on fair housing and CRA grounds.

This was the first time the Fed had ever taken this kind of action, and it had profound effects through the banking sector. It sent a strong signal to the banks that the Fed would closely scrutinize lending practice, limiting the ability of banks to grow or make acquisitions if they were found to have insufficient low income or minority lending. Banks immediately responded by lowering down payment requirements and using more flexible income criteria."

And the law:

http://www.fdic.gov/regulations/laws/ru ... -3500.html

"(A) the appropriate Federal banking agency for the out-of-State bank shall review the loan portfolio of the bank and determine whether the bank is reasonably helping to meet the credit needs of the communities served by the bank in the host State; and

(B) if the agency determines that the out-of-State bank is not reasonably helping to meet those needs--

(i) the agency may order that an interstate branch or branches of such bank in the host State be closed unless the bank provides reasonable assurances to the satisfaction of the appropriate Federal banking agency that the bank has an acceptable plan that will reasonably help to meet the credit needs of the communities served by the bank in the host State, and

(ii) the out-of-State bank may not open a new interstate branch in the host State unless the bank provides reasonable assurances to the satisfaction of the appropriate Federal banking agency that the bank will reasonably help to meet the credit needs of the community that the new branch will serve."

"(2) CONSIDERATIONS.--In making a determination under paragraph (1)(A), the appropriate Federal banking agency shall consider--

(A) whether the interstate branch or branches of the out-of-State bank were formerly part of a failed or failing depository institution;

(B) whether the interstate branch was acquired under circumstances where there was a low loan-to-deposit ratio because of the nature of the acquired institution's business or loan portfolio;

(C) whether the interstate branch or branches of the out-of-State bank have a higher concentration of commercial or credit card lending, trust services, or other specialized activities;

(D) the ratings received by the out-of-State bank under the Community Reinvestment Act of 1977;

[f.sciarrillo]

I was illustrating as to this that was said prior. I was not the one saying Obama has not changed anything.

"Uh, Obama hasn't changed one policy that Bush passed. So saying that it is conservative policies is pretty far fetched."

Just trying to clarify ,

take care

steve

You said: "While it may not be a speedy recovery, its improving. Pretty simple, shit got worse under Bush's inept leadership. Things are getting better now, albeit slower than we would like, but still improving. Regan, bush and bush all proved that conservative policy does not work for anyone other than the wealthy."

Now:

Since Obama hasn't changed any policy that Bush passed. How can it be conservative only policies? Are you saying the Obama is a conservative? That would make more sense if you were. Even though Obama is nowhere near a conservative.

[lonewolf]

Since Obama hasn't changed any policy that Bush passed. How can it be conservative only policies? Are you saying the Obama is a conservative? That would make more sense if you were. Even though Obama is nowhere near a conservative.

Obama does what he's told and then goes on vacation.

[f.sciarrillo]

I retired younger than you are right now...mostly from real estate investments. Its like I'm playing in the minor leagues and you just got your T-ball set. Your beanie baby analogy only shows that you don't even understand the meaning of the words: real estate.

The banks were only giving away free money because the feds told them to or pay penalties. Now, to make up for it, Florida sellers are practically giving away free property.
.

Yes, Jeff, we all know you're a super-wealthy investor/rock-star/electrical engineer. We all envy your high-flying lifestyle and massive intellect. We acknowledge that only YOU can fully comprehend anything more than a 1040EZ form or how to plug in a distortion pedal. I'm thinking about making a peanut-butter sandwich... any recipes, before I louse it up on my own?

BTW, if you think the real estate crisis was caused by the government "forcing" banks to give away money, you're not in the minor leagues, you have a baseball patch sewn on the bib of your baby-blue onesie. Blah-blah all you want, nobody believes it. Wall St. owned the govt then, and now. They insert whatever line in whatever bill that benefits them. They gave away free money because they traded the risk to someone else. All they cared about were the fees, as evidenced by the robo-signing of mortgages, and many people are getting free properties simply because the bank doesn't know where their loans even originated. They did it SO MUCH they don't even have recorded proof! That old tired excuse that government FORCED those poor banks to hand out money is pure Fox News fantasy, and your dedication to it is proof of why you're hard to take seriously as a know-it-all.

The liberals has control of both the senate and the house. Frank and Dodd were part of the group that forced banks to give loans to people who couldn't afford them. The housing meltdown is the liberals fault. Bush had nothing to do with it. Of course MSNBC and the left wing whacko sites you get on won't tell you that.

[f.sciarrillo]

Since Obama hasn't changed any policy that Bush passed. How can it be conservative only policies? Are you saying the Obama is a conservative? That would make more sense if you were. Even though Obama is nowhere near a conservative.

Obama does what he's told and then goes on vacation.

Yep, and man does he take a lot of vacations.

[Don Hughes]

The Veterans Pac has released an ad blasting obama for spiking the football over getting Bin Laden.
Here: http://www.youtube.com/watch?feature=pl ... srSAqRrCc0

Even the veterans are tired of his BS. Wow.

A hero wears a uniform and puts his life on the line without wanting applause, not stand behind a podium reading a teleprompter and saying how great he is.

Spiking the football? I seem to remember George W Bush flying onto an aircraft carrier and spiking the football when we wern't even close to getting out of there!

I don't mind Obama doing that for two reasons:

1. I think some Republicans are just mad that they didn't have the Presidency when Bin Laden was assasinated so they could do the same thing.

2. If I had a hand in killing Bin Laden, you can bet your ass I'll be spiking the football, doing the Chicago Bears Super Bowl Shuffle, and celebrating like Big Ern McCracken from "Kingpin."

Come to think of itI believe I did that anyways

What they are upset about is him using it try and get ahead in the campaign. If it was done any other time, I don't think there would be a big deal about it. Even though he isn't really the one who gave the order to go after Bin Laden in the first place. Even I wouldn't care if he was doing it without a campaign agenda. But then he has to have at least one thing to run on, since everything else he did was a failure.

I also remember reading something some where that said that Bush didn't want to do the mission accomplished speech.

Um... it's politics. Everybody does things to try and get ahead.

If Bush didn't want to do the mission accomplished speech, he shouldn't have. He has free will just like the rest of us. He sits when he shits just like the rest of us.