Obama campaign struggles with question

04 Sep 2012 15:20 #21 by LadyJazzer
The word is "disdain"... And regarding teabaggers, I has it....

Manipulated interest rates? :lol: :lol: I didn't realize anyone was putting a gun to the head of the mortgage companies. If they want to get cheap money and charge higher interest rates, I'm sure the market will do what it always does, and the people shopping for mortgages are free to pay more or look for cheaper interest rates...

Isn't great how the free market works.... Stupid-a$$ charges from extremists notwithstanding....

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04 Sep 2012 15:32 #22 by BearMtnHIB
Yes LJ- you has it alright! I corrected my typo by the way, just for you.

The argument that the stock market is doing well- just shows the ignorance of some posters here.

Yes- when you borrow 5 trillion dollars in 4 years and dump it into the economy, the market goes up. It's not because those companies are doing well- or making money per se...

It's because the dollar has LOST 43% of it's value!

And if the economy was even anywhere close to being OK- 5 trillion dollars infused into it would create the greatest economic boom we have ever seen, or so the socialists would have us believe.

The fact that 5 trillion has been spent- and we are just barely bobbing our economic heads above water-.......

Well that just speaks to how bad things really are.

Really bad. The worst I have ever seen in my lifetime.
That's the truth of the matter.

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04 Sep 2012 15:37 #23 by Martin Ent Inc
I know alot of folks that are worse off. many have lost their homes and jobs with no hope of getting one making the same $ they were.
They were excited about the stimulus but that didn't pan out.

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04 Sep 2012 15:38 #24 by Raees

Are you better off than you were four years ago?" is a perfect question for Republicans to ask for two reasons.

First, the answer to the question is so clearly: No, we are not better off. Tim Noah rounds up the case: Compared with the summer of 2008, median household income has fallen, unemployed has increased, and the misery index (joblessness plus inflation) is up. Of course, this is starting our timers five months before Sen. Obama became President Obama. In the administration-adjusted count, in which "four years" equals "three years and eight months," the record is slightly different. The most dramatic increase in job losses that you see above happened before or during the changing of the White House. In fact, the unemployment rate is the same today as in Obama's first full month in office.

http://www.theatlantic.com/politics/arc ... ot/261952/

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04 Sep 2012 15:42 #25 by Raees

BearMtnHIB wrote: It's because the dollar has LOST 43% of it's value!


Do you have a source for that or are you just pulling that figure of your ass? And what is the time frame you are putting this figure in?

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04 Sep 2012 15:52 #26 by BearMtnHIB
it's true Raees- Anything I post you will just poo-poo, so do the research yourself.

If you want any proof from me, I suggest that you look at gold and oil prices since 2008. Gold closed at $1694.46 per ounce today, and oil closed at $95.57.

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04 Sep 2012 15:53 #27 by LadyJazzer
Yeah, I'd like to see proof of that myself... 43%...in 3yrs, 8 months?

Where is the link?

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04 Sep 2012 16:00 #28 by BearMtnHIB
Do you two really think you can spend 5 trillion dollars we don't have and not affect the value of the dollar?

Sheesh.

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04 Sep 2012 16:08 #30 by Raees
Yeah, I read that and went to the link and found something for $10 in 2009 now costs $10.46. Big deal.

BearMtnHIB wrote: Do you two really think you can spend 5 trillion dollars we don't have and not affect the value of the dollar?

Sheesh.


So WHERE did your 43% figure come from? I'm asking once again.

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