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  #151 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

Quote:
Originally Posted by htperr6565 View Post
yes. you realize that one digging through all of that nonsense in PDF land is bound to find thousands of proposed ideas from various advisers and employees and to represent such ideas as 'claims of the administration' is akin to confessing retardation?
So if this is non-sense, please enlighten all of us as to what Obama himself proclaimed about the stimulus package in regards to unemployment? What percentage was indicated as the ceiling for unemployment?
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  #152 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by jotathought View Post
So if this is non-sense, please enlighten all of us as to what Obama himself proclaimed about the stimulus package in regards to unemployment?
it would reduce it over time. however, there will never be a way to know what the unemployment rate would do without the plan.

and, hmmm, if only 5% of the stimulus spending has even occurred, i consider the current unemployment more a verdict of non-action than action.
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  #153 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

as of march 15th even in the face of higher unemployment ala frank, she ignores the real and tell us we will still add 3.5 million jobs this year....... whatever. Obama peddlled this, plain and simple. 3.5 million jobs..this year? please.

White House chief economist Christina Romer tells David Gregory on NBC's "Meet the Press" go out and buy that car


White House chief economist Christina Romer tells David Gregory on NBC's "Meet the Press" go out and buy that car - Lynn Sweet
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  #154 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by htperr6565 View Post
it would reduce it over time. however, there will never be a way to know what the unemployment rate would do without the plan.

and, hmmm, if only 5% of the stimulus spending has even occurred, i consider the current unemployment more a verdict of non-action than action.
I want specifics. It would reduce it? By how much. Over time? how long.
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  #155 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by jotathought View Post
I want specifics. It would reduce it? By how much. Over time? how long.
umm, pal, my name is not gibbs.

don't you remember the save or create mantra? that is the backdoor they left themselves for the plan.

since there won't be a way to know jobs lost without the stimulus, there won't be a way to deny that the stimulus saved X amount of jobs. this is where the obama haters need to be criticizing the administration, not by mimicking sean hannity.

geez, its not that hard. you don't have to belittle yourself by representing pre adminstration vice president memos as 'obama claims.'

the stimulus is rather weak and meaningless. it is a political gimmick, one that you partisan hacks are going to lose if you can't realize that.
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  #156 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

Quote:
Originally Posted by htperr6565 View Post
umm, pal, my name is not gibbs.
I never claimed that your name was Gibbs, but you're claiming the information that has been substantiated [by 3 individuals] is fictitious, so please substantiate your claims.
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  #157 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

Quote:
Originally Posted by htperr6565 View Post
From the almighty PDF of the vice president elect:

G. Conclusions
This study has sought to investigate the likely job creation effects of the American Recovery and
Reinvestment Plan currently under consideration. As emphasized at many points in the analysis,
there is substantial uncertainty around all of our estimates.
Nevertheless, we believe they can
provide useful guidance as we go forward. Among the key lessons from the analysis are:




wow, these sound like absolute promises!!!!!

let me guess, ole larson, you aren't interested in representing the entire document as truth, are you? just the part that helps you simplistically oppose the bammy administration.
Is this a Gods will if it worked? or a Gods will if it did not work?


The point that most I think are trying to make is that once again we got the flower speech last summer how he and congress would move quickly to move the country quickly out of the down turn along with CHANGE THAT YOU CAN BELIVE IN.

Once again things not working out like told that they would.

Some of us around here seen that it would take longer, much longer, but where told to "Have Faith" that Obama was right and to go to the back of the class.
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  #158 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

from the horses mouth, it was their plan, his folks, which he flogged...


jan 10th.

Romer and Bernstein on stimulus - Paul Krugman Blog - NYTimes.com


also-


march 1oth....
A report Friday, for example, showed the nation's unemployment rate has reached 8.1 percent, a level the administration had forecast would be the average for the entire year.

http://www.washingtonpost.com/wp-dyn...030902637.html
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  #159 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by Imperator View Post
this is merely a regurgitation of the same graph, and the same attempt from a news agency to represent a pre adminstration vice president memo as an 'obama claim.'

thanks for shattering my reality today.
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  #160 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

Quote:
Originally Posted by htperr6565 View Post
this is merely a regurgitation of the same graph, and the same attempt from a news agency to represent a pre adminstration vice president memo as an 'obama claim.'

thanks for shattering my reality today.
you forgot the wapo article..

pugnacity...you can, look it up...I am done here, I echo matts wish.
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  #161 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by goober View Post
Maybe it's because the banks at the behest of Wall Street sold people mortgages below cost, because mortgages were the raw material that Wall Street was coining derivative money from.
Goober, you really don't believe this do you? And do you have any idea how mortgage interest rates are derived?

Quote:
How much does all the low income mortgage payments put together add up to?
Not nearly as much as has gone missing, and most of what has disappeared has gone the way of credit default swaps.
Now I know that blaming low income people for not making their mortgage payments has a certain appeal to a racist mind, but the numbers don't add up to anything near what this crisis is about.
Racist mind? Really Goob? Who said anything about race except you? So low income/sub prime means race to you? Who's being racist or, at the very least, stereotyping? BTW, Obama has said in his speeches and every economist agrees that this started with the sub prime market.

Nothing has "gone missing". It's called a loss. When the bank loans $200,000 and has to sell the house for $100,000, they take the loss. And after the sub prime market collapsed, it fed into the conventional market because everyones house values declined. Many people who defaulted on their mortgage did so at their own choosing, not because they couldn't afford it. They saw no reason to pay a $350,000 loan on a house they bought for $500,000 that is now worth $200,000. Of course, in my mind that makes them complete assholes but that's JMO.
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  #162 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

What happened is that to get a stimulus bill through, it had to be cut back to a level where it's not sufficient to do the job, a second larger stimulus bill is needed.
Obama is doing what he said he'd do, at least he's doing something that heads in the right direction.

At this point in the last administration we were being promised that the government would run surpluses for the foreseeable future, that "the threat of terrorism" was not a real issue, being something that Clinton dreamed up to deflect attention from the Lewinsky scandal, the FBI was ordered to stop tracing Osama Bin Ladens financing, because it was upsetting our allies in Saudi Arabia and that Saddam Hussein was a threat that had to be dealt with.

The point is things change.
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  #163 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by goober View Post
What happened is that to get a stimulus bill through, it had to be cut back to a level where it's not sufficient to do the job, a second larger stimulus bill is needed.
Obama is doing what he said he'd do, at least he's doing something that heads in the right direction.
yes sure why not? lets stop stuffing a 3.lb salami through a 1 lb bag lets just add more, maybe 5 lbs and try that....the result would be the same, you are not getting this goober.

nice dem talking point though, whats the answer if the plan is not working? Borrow more that we cannot spend till later anyway!!!!!!

Quote:
At this point in the last administration we were being promised that the government would run surpluses for the foreseeable future, that "the threat of terrorism" was not a real issue, being something that Clinton dreamed up to deflect attention from the Lewinsky scandal, the FBI was ordered to stop tracing Osama Bin Ladens financing, because it was upsetting our allies in Saudi Arabia and that Saddam Hussein was a threat that had to be dealt with.

The point is things change.
uh what?
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  #164 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

It's kinda pathetic how the Obama supporters never seem to EVER disagree with anything he does...

I bet he could rape a nun and they would blame it on Bush...
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  #165 (permalink)  
Old 07-03-2009
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Re: Holy Hell...470,000 job loss in June, national 9.5%

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Originally Posted by Imperator View Post
you forgot the wapo article..

pugnacity...you can, look it up...I am done here, I echo matts wish.

From the wapo article. you are right, i did miss something"

"A report Friday, for example, showed the nation's unemployment rate has reached 8.1 percent, a level the administration had forecast would be the average for the entire year. In addition, revised data released last month showed that the nation's gross domestic product has declined at an annualized rate of 6.2 percent in the last quarter of 2008, far worse than originally estimated.

Though she labeled such data "terrible," Romer offered an optimistic assessment in an address focused on lessons from the Great Depression and how they apply to the current crisis. "

Yet another outside attempt at defining what the administration said, and someone from the administration not agreeing with it
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