Obama Lied 800,000 Uncounted Jobs Lost.

Discussion in 'Politics' started by Buffalo Roam, Feb 4, 2010.

  1. Buffalo Roam Registered Senior Member

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    16,931
    Yes, what are the real numbers, Obama and the Democrats have certainly not been giving the true picture of the Depth of the Recession, or more correctly Depression, 800,000+ unreported job losses, even more sever than the Great Depression, and the biggest downward revision in the 30 years for which comparisons of adjustments are possible.

    Yes, Obama and in totally over His head, and the Democrats taking Us into a bottomless pit of deficit and debt.

    http://money.cnn.com/2010/02/04/news/economy/jobs_outlook/index.htm

    By Chris Isidore, senior writerFebruary 4, 2010: 1:31 PM ET


    NEW YORK (CNNMoney.com) -- As bad as the government's jobs readings numbers have been during the Great Recession, we'll soon find out the real situation likely was worse...................


    Battle brews over hourly jobs
    The government's current readings show that 4.8 million jobs were lost in those twelve months, more than twice the jobs lost during any comparable April-March period going back to 1939, when the numbers first started to be compiled.

    But the department has already given a preliminary look at this Friday's revision, and it says it believes it will show 824,000 fewer workers on payrolls than the current estimates. That would be the biggest downward revision in the 30 years for which comparisons of those adjustments is possible.

    "There's certainly a disconnect between economists like myself who say the recession ended in May or June and the person on the street who says the recession hasn't ended," said John Canally, economist LPL Financial. "This report is only going to widen that gap."
     
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  3. spidergoat pubic diorama Valued Senior Member

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    Yes, the Second Republican Great Depression is certainly severe, but it takes money to get us out of this. More of the same- tax cuts for the wealthy and deregulation of the banks- won't cut it.
     
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  5. Buffalo Roam Registered Senior Member

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    The 2009 numbers, where the Democrats and Obama have claimed that the Bail Out and Tarp have created or saved millions of jobs, well they used the same methodology for those claims and that was used for the April 2008-March 2009 period, claiming a gained 717,000 jobs, well guess what, those numbers will have to be changed too, plus the 9 months since then to date, (and again using the same methodology), have added another 990,000 phantom jobs.

    Yes, Obama and the Democrats what have the brought Us?

    Politics, Lies, Sex, and Video Tapes

    http://money.cnn.com/2010/02/04/news/economy/jobs_outlook/index.htm

     
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  7. pjdude1219 The biscuit has risen Valued Senior Member

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    So obama's to blame for a method 30 years old? I guess blind hate is a big cause for dishonesty. Meh this is what i ecpected damed if does damned if doesn't. if he actually does what is needed he is a tax and spend liberal( yeah which is better than a don't tax and spend conservative) or if he does do what the right wing wants and the economy gets worse because the ideas don't work(and never have) its still his fault and not the fault of those pushing those ideas.
     
    Last edited: Feb 4, 2010
  8. Pinwheel Banned Banned

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    So, is Obama to blame for this Depression? I dont get it.
     
  9. joepistole Deacon Blues Valued Senior Member

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    22,910
    It is kind of funny that Buffalo Roam ignores the fact that this problem started two years ago. Obama was not even president when this mess started to come to a head. But that does not stop him from wanting to do more of the same that led us to this mess....a real smart guy this Buffalo Roam wanting to do the same old stuff that led us into the greatest depression since the Great Depression. Now I ask you how smart is that, not at all.

    Sowing political chaos in a time of crisis, how smart is that...not very. But what more can you expect from the dittohead faction of the Republican Party.
     
  10. pjdude1219 The biscuit has risen Valued Senior Member

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    he is a good little republican he doesn't let silly things like facts get in the way of the message.
     
  11. Buffalo Roam Registered Senior Member

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    Democrats took controlled of congress in 2007, but even before that they blocked every attempt at fiscal reform, and reform of Fannie and Freddie FU, my boy, they have controlled the purse strings since 2007 and all the committees,, they voted for every Bail Out and Tarp program, and Obama helped with His votes in the Senate, and as POTUS, Yes, Fannie Mae and Freddie Mac, GSE of Democrat political bastardy and incest, and now just again they have raised the Debt Limits, and continue to spend on government programs that take's money out of the private sector economy, and spend it on Government Jobs that have to be paid for with Tax Money that would do more good on Main Street for the economy than, on Pennsylvania Avenue, and Wall Street.

    Yes, the Republican Have much to answer for, mostly because they didn't lead, but it is the Democrats who covered for Fannie and Freddie, helped them shift those toxic assets to Wall Street and then made it possible to bundle those toxic assets for sale to the public in bundling schemes that lead to the current collapse, and depression that we are no doomed to.

    The Government is Broke, no cash, nothing but fiat currency from the Federal Reserve, with no value, and yet the Democrats continue to spend on programs that takes money out of the private sector where it creates jobs and profits, and hires bureaucrats that have to be paid for with money in taxes taken out of the economy that creates profits and jobs that pays those taxes.

    No this is now a all Democrat bastard child, and it is the Democrats who are spending money at warp speed that we don't have, and selling our country to foreign governments in debt bonds that our great, great, great, great, great, will still be paying for in their future.
     
  12. Pinwheel Banned Banned

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    2,424
    I think I asked this before, didnt get an answer, but how specifically were the Democrats responsible for the situation with Fran and Fred? Also, which specific actions resulted in AIG, Lehmans etc collapsing due to the Democrats in 2007? When hank Paulson went to Bush for the bailout, why is this labled as a Democrat Bailout? Whats UP?
     
  13. joepistole Deacon Blues Valued Senior Member

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    22,910
    Good questions, I think he may have to go back to limabugh for the answers.

    Please Register or Log in to view the hidden image!

    Not that you are going to get anything that makes any kind of sense.
     
  14. clusteringflux Version 1. OH! Valued Senior Member

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    Wow, that's like ten different topics, and none of which are this topic.
     
  15. Pinwheel Banned Banned

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    2,424
    Well the OP said:
    Will anyone answer my questions? Perhaps not.
     
  16. clusteringflux Version 1. OH! Valued Senior Member

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    Start a new topic about FanFred and we'll look into it.
     
  17. Pinwheel Banned Banned

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    2,424
    Nevermind.
     
  18. joepistole Deacon Blues Valued Senior Member

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    Oh, care to show us what steps at fiscal reform Democrats blocked in 2007 and 2008 while george II was still president? And can you explain how those "fiscal reforms" would have done anyting to affect the federal debt and deficits?

    Are you telling us that Republicans who controlled the House, Senate, and Presidency didn't lead? I suppose you want us to believe that it was the nasty Democrats who opened the Senate late one evening and forced Republicans to vote in Medicare Prescription Drug Program without funding it with a blank check provision given to the health insurance and prescription drug industry on the federal treasury? As I recall it, that was all Republican all the way. Including the party line vote.

    And when the Democrats tried to take away the no bid provisions forcing the government to pay whatever the industry wanted in 2007 all the Republicans nixed it. It didn't even come out of the Senate committee as the Senate was still controlled by Republicans.
     
  19. spidergoat pubic diorama Valued Senior Member

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    If the Republicans insist on obstructionism, then they have to take the blame when nothing gets done. Over all, however, they have been the ones controlled by Wall Street interests to a far greater degree. They are the ones who worship the free market like a God. They are the ones that claim to be working for the little guys, when all their legislation is geared towards destroying the middle class. Fanny and Freddy aren't the problem, this wasn't the fault of the middle class, but rather the bankers who chopped up all these mortgages, slapped a phoney high quality rating on them, and used them to create trillions of wealth out of thin air. Sure, there are some corporate Democrats, but the entire Republican party holds the lion's share of the blame here. What's even more reprehensible is that now they are trying to fleece the already victimized middle class into voting for even more of this shit. Don't give me more of that trickle down nonsense, it doesn't work. If you guys had your way, you would have allowed Wall Street to steal all our Social Security too. If there were any justice in this world, there wouldn't be any more Republican rule for a century!
     
  20. Buffalo Roam Registered Senior Member

    Messages:
    16,931


    Slowing political chaos? and who controlled Congress? the Committees, and the Oversight committees? Democrats, they won the 2006 elections now didn't they? and did they do one thing? hold one oversight hearing? do one dammed thing to even slow down the bursting economic bubble? and since 2009, Obama and the Democrats have had a super majority in the Congress and the Senate and could over run any attempt by the Republicans to stop any legislation for becoming law.

    No the only thing the Democrats and liberals like you have done is create even more chaos, job loses, and deficits, with big government spending fixes, and programs, that the People don't want, or need, and the Government can't afford.

    No, they defended Fannie and Freddie Fuck Up, to the last man and woman, they were telling us just how great Reigns was as Chairman of Fannie and Freddie, here are their own words in September, 28, 2008, almost 2 years after they took control of Congress........Rep. Baker was already predicting the blow up of Fannie and Freddie in 2004.

    http://www.youtube.com/watch?v=_MGT_cSi7Rs

    http://nicedeb.wordpress.com/2008/0...end-and-cover-for-fannie-mae-and-freedie-mac/

    Democrat Maxine Waters, CA.



    Democrat Gregory Meeks, New York.

    Democrat Lacy Clay, MO.

    Democrat Barney Frank, NY.

    http://www.youtube.com/watch?v=_MGT_cSi7Rs


    Only you joe would claim that Obama and the Democrats are trying to slow down the crisis, have you even looked at the 2010 budget?

    The Democrats have now for the third time raised the Debt Celling, because of their run away spending.

    Obama and the Democrats have now more than trippled any deficit of any of the Bush years, here are the numbers right from the Federal Government;

    http://www.usgovernmentspending.com/federal_deficit_chart.html

    Year GDP-US Federal Deficit-fed
    ............
    20o1.....10058.2......-1.27
    2002.....10398.4.......1.52
    2003.....10886.2.......3.47
    2004.....11867.8.......3.48
    2005.....12332..........2.58
    2006.....13090.8.......1.90
    2007.....13715.7.......1.17
    2008.....14165.6.......3.24
    2009.....14237.2.......9.92
    2010.....14623.9.......10.64

    Yes, let see, 2008, George's last year in office, and the Democrats in control of Congress, deficit against GNP, 3.24%, Obama and the Democrats in control of every process.....10,64% of GDP, yes Obama nd the Democrats have trippled the deficit, and have done nothing to slow or even control the increases in federal spending one little bit.
     
  21. clusteringflux Version 1. OH! Valued Senior Member

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    The bankers were "urged" by lawmakers to make huge risk loans to people shouldn't have had them. Then it's a game of hot potato. As in, don't get stuck holding them when the music stops.

    Actually, it's more likely that people's retirement savings (as in money they've worked hard for, earned and saved by themselves) will be confiscated to subsidize government spending. Social Security is eating it's self like any ponzi scheme. You'd better make other plans if that's what you're counting on for retirement.
     
  22. Buffalo Roam Registered Senior Member

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    16,931
    How can the Republicans obstruct?, Get a bit of reality in your harangue, they didn't have the votes, or the committee members or chairmanships, to obstruct.

    And if you want to see political obstruction by a party, just look to Fannie and Freddie Fuck Up, and the Democrats and their defence of those two bastard GSE products of Democrat incestious political patronage, kick back, political cronisim, politically rewarded spending runamock.
     
  23. pjdude1219 The biscuit has risen Valued Senior Member

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    16,479
    um social security while not fine(it would have been if we protected it better from the right wing) is not a ponzi scheme. really if you wish to be listened too don't go out of your way to sound ignorant.
     

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