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  1. 20 Oct '09 16:21
    http://www.suntimes.com/news/huntley/1834209,CST-EDT-HUNT20.article

    belle wrote:
    Consider this:
    In December 2008, economists were predicting the end of the recession by Spring 2009. All indications were correct.
    As a small business owner, I had finally seen a pretty good uptick in sales, which meant the struggle during 2008 was over.

    However, Emmanuel saw it as an opportunity to pay back Obama supporters, and "No good crisis should be left to waste."

    After all, $400 Billion of the so-called stimulus bill was sent to pet pork projects. Then added is the Apollo Alliance bragged about writing it...and put in a nice 1/2 billion for themselves...but that is another story.

    Obama's rhetoric about how dire the economy was sent stocks into a nosedive. By March, I saw orders placed in December either put on hold or canceled. Never thought 2009 would turn out to be far worse than 2008. My business isn't surviving, and I watched others in my field shut their doors permanently. Ones that had been around 30+ years.

    As a Democrat, I am saddened more than you could ever know. Here we have one of the most gifted orators in America using his words to put down banks, CEOs, doctors (after all, they perform operations for an extra few bucks, right?), Americans, Executives, Wall Street and Main Street Americans that disagree with his policies.

    And now FOX news? Does President Obama know that 46% of FOX viewers are Democrats and Independents? You know, the folks that got him elected?

    Obama has one thing right. Words matter.
    Instead of using his as a way to build up the country, he tears it down. WHY?

    Not a peep from the media about 3 Million pink slips sent to the House and Senate last week. All personalized. 3 Million.

    Only We the People can create change. Only We the People can sweep out corruption in politics. President Obama has proven he knows the game better than anyone, and that his politics are not different than anyone else that is drunk on power.

    That is heart-breaking.
    10/20/2009 10:44 AM CDT on suntimes.com
  2. 20 Oct '09 16:22
    http://www.suntimes.com/news/huntley/1834209,CST-EDT-HUNT20.article

    Excuses wearing thin for Obama, media pals

    October 20, 2009

    BY STEVE HUNTLEY

    Have you heard the news? President Obama inherited an economic mess from the Bush administration.

    You say that's hardly news? But it's been the message sounded over and over by the White House. Top Obama adviser David Axelrod said on one of the Sunday news shows, "He walked in the door, we had the worst economy since the Great Depression." In San Francisco, Obama talked of being "busy with our mop." White House heavy hitter Rahm Emanuel used the worst-economy-since-the-Depression line on a public TV news show.

    White House advisers say Fox News is not news Wholesale inflation dips unexpectedly in September September housing construction rises 0.5 percent Obama welcomes second vote in Afghanistan

    You'd think it's October 2008, the final month in the Obama presidential candidacy, rather than October 2009, nine months into the Obama presidency. Yet the Obama White House is in full campaign mode -- maybe because it needs to mask the shortcomings of the Obama presidency.

    Take, for example, all the talk of inheriting the worst economy since the 1930s crisis. That came in response to the news that the federal deficit hit $1.4 trillion.

    Yet just a few months ago, the Obama camp was singing a little different tune. It was under criticism for the $787 billion stimulus package it bulldozed through Congress on grounds that massive spending was needed to keep the unemployment rate from breaching 8 percent. When joblessness hit 9.5 percent in June, Vice President Joe Biden said, "We misread how bad the economy was."

    They inherited the worst economy since the Great Depression, or the economy turned out to be worse than they thought. Which is it? It can't be both -- unless your brain is completely addled by the Obama charisma.

    ...
  3. 20 Oct '09 16:27
    !!!!

    http://poll.suntimes.com/news/politics/obama/1834872,obama-poll-102009.poll

    Do you approve of the job President Obama has done so far?

    Yes
    7% 670 votes
    No
    92% 8137 votes
  4. 20 Oct '09 16:37
    Are you really saying the current state of the US economy is Obama's fault? Really?
  5. 20 Oct '09 17:01
    did you read the first post, or not?
  6. 20 Oct '09 17:06
    Originally posted by zeeblebot

    They inherited the worst economy since the Great Depression, or the economy turned out to be worse than they thought. Which is it? It can't be both -- unless your brain is completely addled by the Obama charisma.

    ...
    actually it can be both.

    they inherited the worst economy since the Great Depression -- AND as bad as it was, it happened to be even worse than initially thought it was (at least as far as joblessness is concerned).
  7. 20 Oct '09 17:10
    Originally posted by zeeblebot
    !!!!

    http://poll.suntimes.com/news/politics/obama/1834872,obama-poll-102009.poll

    Do you approve of the job President Obama has done so far?

    Yes
    7% 670 votes
    No
    92% 8137 votes
    no president EVER has an approval rating of only 7%

    and the link says nothing about the context of the poll or who they were polling -- if they were polling Glenn Beck's audience (or even Lou Dobb's audience), it might make sense.

    do you have any specific info about how this poll was done?
  8. 20 Oct '09 17:27
    Originally posted by zeeblebot
    !!!!

    http://poll.suntimes.com/news/politics/obama/1834872,obama-poll-102009.poll

    Do you approve of the job President Obama has done so far?

    Yes
    7% 670 votes
    No
    92% 8137 votes
    I doubt this reflects the opinion of the whole country, so its really a useless piece of information.
  9. Standard member telerion
    True X X Xian
    21 Oct '09 02:48
    Originally posted by zeeblebot
    http://www.suntimes.com/news/huntley/1834209,CST-EDT-HUNT20.article

    belle wrote:
    Consider this:
    In December 2008, economists were predicting the end of the recession by Spring 2009. All indications were correct.
    As a small business owner, I had finally seen a pretty good uptick in sales, which meant the struggle during 2008 was over.


    No reput ...[text shortened]... business owner's testimony a evidence. Yeah, cuz that guy clearly has an inside track on things.
    No reputable economic forcaster predicted the end of the recession in early spring 2009. Only an imbecile would begin a rant that way. Or perhaps a failed business owner. Yeah, he obviously read the market well . . .
  10. Standard member telerion
    True X X Xian
    21 Oct '09 02:51
    Originally posted by zeeblebot
    http://www.suntimes.com/news/huntley/1834209,CST-EDT-HUNT20.article

    belle wrote:
    Consider this:
    In December 2008, economists were predicting the end of the recession by Spring 2009. All indications were correct.
    As a small business owner, I had finally seen a pretty good uptick in sales, which meant the struggle during 2008 was over.

    However, Emm ...[text shortened]... that is drunk on power.

    That is heart-breaking.
    10/20/2009 10:44 AM CDT on suntimes.com
    . . . wrote a Republican posing as a Democrat to help a company peddling trash to an eager zeeblebot.
  11. 21 Oct '09 17:02 / 1 edit
    http://groups.google.com/group/soc.culture.usa/msg/d90a7e187d1342db?&q=%22end+of+the+recession%22+%22Dec%22+2008+groups.google


    Jeff PuderOct 12
    I've come up with a very fun game. Whenever you see one of these
    economists blabbing about the recovery/end of the recession, google an
    article and see what they were saying last summer. The results are
    hilarious.

    For instance, check today in Bloomberg:
    http://www.bloomberg.com/apps/news?pid=20601103&sid=axnCbWZ33aEU.

    Larry Kantor is calling for a "vigorous economy", "sustained
    recovery", "things are only as bad as in 1992".

    Check what this ass hat was saying in July of 2008:
    http://www.telegraph.co.uk/finance/economics/2792453/Larry-Kantor-The...

    • large growth in late 2008 through 2009
    • housing crisis no biggie
    • Bush's stimulus check would have "an enormous impact"
    • No empirical evidence for a collapse
    • Saw inflation being a near-term risk
    • Claims there was no irresponsibility in housing lending

    WOW! That piece is real beauty and I hope it's saved for historical
    archives.
  12. 21 Oct '09 17:03
    http://findarticles.com/p/articles/mi_m0EIN/is_2001_July_27/ai_76794141/

    Larry Kantor Rejoins JPMorgan as Head of FX Research in New York
    Business Wire, July 27, 2001

    ...

    During the past seven years, Mr. Kantor was chief market strategist at Normandy Asset Management, based in New York. From 1987 to 1993 he was with JPMorgan as U.S. economist and then chief European economist. From 1984 to 1987 he was an economist at the Board of Governers of the U.S. Federal Reserve Board. Mr. Kantor has a Ph.D. in economics from Ohio State University.

    ...
  13. Standard member telerion
    True X X Xian
    22 Oct '09 04:09
    Originally posted by zeeblebot
    http://findarticles.com/p/articles/mi_m0EIN/is_2001_July_27/ai_76794141/

    Larry Kantor Rejoins JPMorgan as Head of FX Research in New York
    Business Wire, July 27, 2001

    ...

    During the past seven years, Mr. Kantor was chief market strategist at Normandy Asset Management, based in New York. From 1987 to 1993 he was with JPMorgan as U.S. economist an ...[text shortened]... S. Federal Reserve Board. Mr. Kantor has a Ph.D. in economics from Ohio State University.

    ...
    That's what happens when second-rate (or maybe third) economists turn in their badges and become political hacks (in this particular case a conservative hack). I don't think you realize that the brightest stars on the economics phd market typically go to universities not to wall street or other private sector positions.
  14. 22 Oct '09 04:59
    you said (then) reputable economic forecaster. now you're saying economic forecasters on Wall Street are not allowed. are you trying to pull an FMF on us?
  15. Standard member telerion
    True X X Xian
    22 Oct '09 05:21
    Originally posted by zeeblebot
    you said (then) reputable economic forecaster. now you're saying economic forecasters on Wall Street are not allowed. are you trying to pull an FMF on us?
    No. Obviously, I'm saying he's not reputable. Furthermore, I'm saying that you clearly don't understand the market for economists well enough to recognize one.