Posted on 04/29/2009 5:53:40 AM PDT by pleikumud
It shrunk 6.3% in the fourth quarter of 2008.
I sure would like to know what happened in 1998-1999 in Congress as the Contract with America was seeming to be working at that time.
How the flip did Congress back then allow for Slick's strengthening of the CRA? RINO's all along threatening to block WOT funding for W after 9/11 if conservatives (moderate to conservative officials) in Congress toyed with Fannie and Freddie???
It's not one article or one comment that's convinces me we (the United States Citizens) are in for a very bad ride.
It's more of an quasi-unfocused gut feeling that keeps pointing to the same conclusion(s) of the fore mentioned mainly influenced by what is not being said / reported and the ever so few minuscule facts that are sometimes included in what is reported.
The sum of the whole, if you will of all the 'lil' gems' in the news, creating well defined ± 1 sigmas and a confidence level of 0.995.
Seems as though Congress and 0 are not afraid in the least to be so brazen now to force socialism upon us. Our remaining elected officials that seemed to been conservative are basically silent and inept or haven't the onions to really fight.
I agree with you.
I dont think the economy is going to collapse. I have more faith in the American people to right the direction we are heading.
The economy is going to take extra long to recover because the American peoples spending habits have been changing. Americans are becoming less materialistic and will become savers. Many younger people have never experienced a downturn like the one we have right now and this will chnage their view on the world.
Generally in the past, Americans spending more money has brought us out of recessions.
Peggy Noonan just wrote a good article on how people are going back to the simpler things in life.
That’s when the Obama economy began.
Obama is a socialist
Obama is a left wing liberal
Obama is a defeatist and an appeaser
You are certainly a liberal troll and and Obama supporter.
This trainwreck has been years in the making. Polictians from both aisles, short sited ceo greed, etc have all contributed.
RMM post shows the GDP started contracting in July 08.
http://www.data360.org/dsg.aspx?Data_Set_Group_Id=353
LOL
Wall Street is looking ahead, not behind. Consumer spending has risen 2% according to the figures this morning. That is why the market is up. The institutional investors are buying low.
Get off it. I've had this conversation with you before. The poster said the GDP never contracted under Bush. I pointed out that it did.
You need to understand that the republicans and democrats are both one in the same.
Wall Street is not looking anywhere they are looking for very short term profits.
Yes, this is the age of Obama; rainbows, unicorns, gumdrop forests, and double digit unemployment.
Do you believe the following:
Obama is a socialist
Obama is a left wing liberal
Obama is a defeatist and an appeaser
Your hesitance to respond to these questions indicates that you are a liberal troll and an Obama supporter. Show me ten of your posts where you criticized Obama. You cannot because you have not. You are too stupid to believe that you can fool us.
Wood fired producer-gas turbine.
The post is worth printing here. I think the real problem is that the forces of the anti-war left are aligned with the forces of government employees who don't realize that their control of everything will cut their pay and create a socialist economy.
B.) Wall Street is not looking anywhere they are looking for very short term profits
A. I already told you what I though of obama several weeks back.
B. You don't understand Wall Street. The economy is showing signs of recovering. Housing price drops are stablizing, housing starts are showing signs of going up, consumer spending just went up 2%. Jeesh you buy low, not high. People are coming back into the market.
I bought a bunch of stock when the market was 6500 and made 15% does that me an obama troll??
Hoover invented the term "Depression".
Up until that time, the term for economic downturns was "Panic".
In order not to "panic" the population, Hoover merely claimed that the US was entering a "Depression" which he likened to a slight dip in the road!
Obviously, redefining words for political purposes has been with us for a long, long time!
You have not answered the questions yet. This is the third time I am asking you to answer the questions and yet you refuse to do so. You are certainly a liberal troll.
And the Dow is up 160 right now? Something isn’t right.
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