| If George W bush is doing so bad why is the economy doing so good?
Posted: 5/10/2007 2:04:35 PM | Bob .. your home wasn't WORTH that much in the first place ... the over inflated housing market is just as much a bubble as the Dot.Com era was ... the ironic thing about the housing market is the coming crash will be foretold in ways other than massive foreclosure rates .. (here in Miami .. it's currently at 40,000 a month and CLIMBING ..)
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You know about the Resultion Trust Corp (sic) and the housing market of the 80's?
OR Neil Bush stealing 1 billion $$ with Silverado Savings and Loan.
You are aware that 1/2 of Tuscon Arz and the Front range of Colo were in forecloser. Owned by RST in th 80's.
It was Not a bubble... theft. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 5/12/2007 4:53:46 PM | | Maybe if you live in Beverly Hills you might think the economy is doing good,but with everything going up in price most americans are struggling (not unless your an oil company or have invested in oil) Bush needs to get out of office PERIOD!!! | |
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Ender
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Joined: 2/1/2004
Msg: 103 | |
| If George W bush is doing so bad why is the economy doing so good?
Posted: 5/12/2007 6:25:55 PM | You moron, the economy isn't doing that well.
Gas prices are ridiculous.
This in turn is driving up the price on most other things.
People are selling their property instead of buying property.
People aren't buying as many new cars.
I know firsthand that the economy is in the crapper becaues my line of work directly reflects the amount of cars being purchased and serviced. Its not negotiable....people aren't buying as much as they used to. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 5/12/2007 11:47:18 PM | The Economy is doing well?
Why do you think so?
Did you get a shirt on sale and started thinking
that things were on an upswing?
I guess you don't have to fill up your car with this black substance called oil.
I suppose that you don't have to worry about paying the rent as not just our
lower class but our middle class now worry about.
I guess that you have limitless job opportunities lined up in case you lose your current job.
I am thinking that you must have free health care and free medications.
You must also have a sweet nest egg waiting for you when you have to retire.
Economy is doing great if you close your eyes and plug your ears and never read a newspaper or go outside. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 5/13/2007 2:42:59 AM | "Here's another one for you. The US deficit has gone from over $400 billion to under $200 Billion just like Bush said it would...two years faster than he promised. Bush can't help it if Congress stuffs the budget full of extra pork-barrelling.
My source? The President. There's your source."
Time to wake up neo, you've been living in a dream world. The US national dept is around 9 trillion thanks to Bush
http://www.brillig.com/debt_clock/
http://www.federalbudget.com/
Most people in this thread are pretty dead on aware of what's going on but we can still see that from some of the posts that many many Americans are still brainwashed and/or deluded.
wanna know where America's money goes?
http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2003/05/18/MN251738.DTL
Into corruptions pockets | |
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e-wok
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Joined: 9/25/2006
Msg: 108 | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/27/2007 11:44:11 PM | | Actually, most are not driving nice cars, and most are living in run down apartments not nice houses. There are more homeless than before. Even those who had nice houses a year ago are losing them this year. There is a record number of defaults, bank failures, credit union failures, record low new home sales, record low new home sale prices, numerous stock price stumbles, our currency has been devalued, it buys less overseas, fewer people abroad want to buy our goods, record numbers of schools are closing for lack of funds, todays' American college grads can't compete with Japanes/Korean high schoolers grade/job prep wise. Our infra-structure is shot, bridges collapse, roads sink into holes, etc, because no one has money to spend on repairs/maintenence. We STILL have not repaired the storm damaged coastal areas, and Dumbya has STILL not captured/killed Bin Laden. heck; he can't even knock Al Jazeera off the air. Shrubby has NOT done a good job, and you will never convince even his own Mother that he has. SHE is the one who first started calling him Dumbya...and she should know. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/28/2007 6:58:59 AM | | Various things-Social security owed, Bonds outstanding, etc-are NOT figured into the 500 billion figure, yet are debts...like credit card charges; things we spent already but have yet to pay off, and that is in the trillions, and is a deficit because it is more than we have coming in. Bush is-in effect-bouncing checks; which is what makes our money worth less...because he also prints up more paper money than we have gold/silver to back. That is part of the deficit, too, but is not figured in. Accounting tricks used to save political face do not fool our creditors abroad. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/29/2007 3:23:54 PM | Back to the 1970s inflation-is possible with the liqiud credit machine running out of juice.
Alan Greenspan, the former chairman of the Federal Reserve, has said that the "inflation tranquility" experienced over the past two decades could not be expected to continue.
Mr Greenspan, who often faced criticism for cutting rates too quickly during his tenure at the Fed in response to signs of economic weakness, told the BBC: "I'm reasonably confident that the inflation tranquility that we have experienced throughout the world actually for the last 20 years is not something we can hope to readily replicate as we move into the future."
He said that while the danger of recession was "still less than 50/50", it was "not as "optimistic as one would like".
Mr Greenspan also said that the world's major economies needed to continue their efforts to "absorb" financial shocks, even if they are not able to anticipate them.
In the US or UK be prepared and stock up on gold, and cash interest will be going up in the longer term, unless we pull a cooperfield and increase productivity growth rate above 2% a year. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/29/2007 7:57:23 PM | | The last I heard 25% of our national debt is now owed to China and yet we continue to import, import, import their poisonous (literally) goods and outsource, outsource, outsource. Geezuz people, if our economy survives this idiot and his $10 billion expense per month on the "war" which only enriches his buddies at Hallyburton, et al, we are going to be one lucky group. Unfortunately as weak as the dollar is, I don't think we have a chance, so stock up, lock up and look out! And as to those nice cars and houses, yeah, guess you haven't heard about all the repossesssions from one end of the country to the other. Better get your head out of _________ and start reading and watching some talking head shows. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/30/2007 7:41:04 AM | Just wait and see if Bush is replaced by someone who takes drastic action on this economic problem the US is having right now with the rest of the world, no including Canada who's has th largest traiding agreement in the world with another country, the USA.
People are starting to realize that with more money to your country borrows from the bank, the federal reserve which is owned by the 3 largest banks in America and the US Government pays interest on the money they borrow, the more money gets printed and is put into circulation, this doesn't mean the US has enough colladeral for all the money that is circulation right now. Countries who have done this in the past and have been able to fool people into thinking their money is worth lots has seen their economies crumble to were their dollar is only worth pennies.
To get the USA back on track is going to call for drastic action, funding to after school programs and other things the US Goverments pays for will be cut to nothing to pay off the debt as fast as possible, don't be surprised if the rich get richer but the middle class becomes extinct over night.
So I hope you have you millions in your offshore accounts so that when the day comes that you have to fight for everything you own you will be able to. :)
Andrew | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/30/2007 12:09:17 PM | dubya isnt just doing bad, he is the worst u.s. president ever.
last week on tim russert,, that same crap again,, the economy is strong,, i beg to differ referencing the same things everone else does, cost of goods and services to the working class in regards to what we all earn. oh and lets not forget,,
AS OF MIDNITE TONITE, THE STATE OF MICHIGAN WILL BE OUT OF BUSINESS. GRANHOLM IS SHUTTING IT DOWN REFUSING TO NEGOTIATE A NEW BUDGET. tell me again how thats a strong economy? | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/30/2007 3:36:51 PM | I don't have all the numbers..but..
10 years ago I was bartending (border town in Canada) I made a lot of american tips, I went to the bank and got 36 cents on every american dollar..it was great.
Last week my employer told us that the exchange at our business for american was 90 cents on the Canadian dollar.
10 years ago I paid 43 cent a litre for gas, yesterday I paid 96 cents, and that's come dowm from a month ago.
10 years ago I made 40,000 a year, last year I made 26,000
30 years ago my grandmother bought a 4 bedroom house in a seaside city on the BC coast for $25,000, 15 years ago my brother bought it from her for $75,000, last year he sold it for $289,000. I can no longer get a mortgage on my pay (which hasn't increased in my field in over ten years) unless I get a 30 year or longer mortgage.
10 years ago I could feed a family of three on $250 a month, very well. This year it costs me over $400 to feed myself and one young child properly. And I've given up buying roasts.
Mr. Harpers changes to daycare subsidy has basically made it impossible for me to work full time as a single mother. I am managing but have taken a large decrease in take home pay.
That's what I know...that's what I live. It isn't better...and I refuse to have a credit card. Anyone have any idea how difficult it is to not have a credit card? I can't even get a Blockbusters Video.. yet I pay all my bills on time. Stupid.
So there is no way the economy is better...no. And that's here in Canada. I've been to the states lately, it ain't pretty. The degradation of neighborhoods in the cities, the forclosure of farms and industry? The schools closing... The only thing you are right on is all the new cars...it's just wierd. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 9/30/2007 3:37:26 PM | I don't have all the numbers..but..
10 years ago I was bartending (border town in Canada) I made a lot of american tips, I went to the bank and got 36 cents on every american dollar..it was great.
Last week my employer told us that the exchange at our business for american was 90 cents on the Canadian dollar.
10 years ago I paid 43 cent a litre for gas, yesterday I paid 96 cents, and that's come dowm from a month ago.
10 years ago I made 40,000 a year, last year I made 26,000
30 years ago my grandmother bought a 4 bedroom house in a seaside city on the BC coast for $25,000, 15 years ago my brother bought it from her for $75,000, last year he sold it for $289,000. I can no longer get a mortgage on my pay (which hasn't increased in my field in over ten years) unless I get a 30 year or longer mortgage.
10 years ago I could feed a family of three on $250 a month, very well. This year it costs me over $400 to feed myself and one young child properly. And I've given up buying roasts.
Mr. Harpers changes to daycare subsidy has basically made it impossible for me to work full time as a single mother. I am managing but have taken a large decrease in take home pay.
That's what I know...that's what I live. It isn't better...and I refuse to have a credit card. Anyone have any idea how difficult it is to not have a credit card? I can't even get a Blockbusters Video.. yet I pay all my bills on time. Stupid.
So there is no way the economy is better...no. And that's here in Canada. I've been to the states lately, it ain't pretty. The degradation of neighborhoods in the cities, the forclosure of farms and industry? The schools closing... The only thing you are right on is all the new cars...it's just wierd. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 10/1/2007 12:44:35 AM | The other day I was with a friend at a fancy resturant, the place was jammed pack with people. We was discussing the lack of jobs and poor economy over a nice dinner. After we ate the bill was bout 50 bucks for 2 people. Both of us didn't have much money on us so we left a modest tip of 10 bucks and then to a for a drive in my new mercedes wondering how much longer this screwed up economy will hold up. When I got home I turned on my plasma 1080 sony 42"tv and watched a few movies on pay per view. All I could think about was how I was going to make it the next day on a fixed income. So I had to call some of my friends up on a new cell phone I got at a decent price of 350 bucks. It is a 2 year contract at 89 bucks a month. Unlimited texts, and outgoing calls. Yes, yes its hard to live in the poor, sluggish economy. I have cut corners here and there to save on expenses. Like this past summer instead of changing out my inground pool filter ever 2 weeks, i changed it out once a month. It's like feeling what it was like back in the depression days. I personaly knows what it feels like. The other day I ran out of food at my condo so I called my mom up and she came over with a nice cooked meal. BEEN THERE AND DONE THAT! SO i know what its like to be without food.
WAKE UP EVERYONE WE ARE ON A BRINK OF A DEPRESSION! | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 10/1/2007 12:59:23 AM | Apparently as long as Georgiabulldogfan is doing ok the economy is good.
I think I heard that on fox too. They said something like "Stock Market, down, Dollar, Down, Deficite, Rising, Forclosures, up...
But Georgiabulldogfan is doing ok. So the economy is good, now on to weather!
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 10/1/2007 1:14:50 AM | | Yep but americans keep on ****en bout jobs and lack of money but at the same time can afford laptops and cell phones. We **** bout gas prices being so much but where in the hell did that 30 dollars come from so you can put gas in your car. We **** bout 1 out of 100 homes getting forclosured while kids in a third world country has to live in a mud house and eat rice puddin till he pukes. We **** bout health care being so much but we continue to fill up our gas guzzlers and take a trip to the doctor to get better while kids in cambodia gets their legs blowm off by some land mine that been left over from ww2. think bout it man we got it made here in the USA! | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 10/1/2007 1:22:14 AM | Oh hell I don't think anyone is arguing that it's as bad as the third world, and hell if you'd said that I'd have agreed whole heartedly.
What I took away from your story was "I'm doing ok, so the economy must be good" which I don't think you were trying to communicate now.
Sorry about that. | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 10/1/2007 1:25:24 AM | | Until I see the day where my job requires me using a shovel at a national park or help homeless people build a dam in the state of georgia I'm not going to cry bout jobs, money, cost of living and how George Bush screwed us. I think alot of people need to wake up and be glad we're not advertise on japan's tvs "for a dollar a day you can feed an ex labor union gm employee who lost his job". | |
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| If George W bush is doing so bad why is the economy doing so good?
Posted: 10/1/2007 1:46:24 AM |
Until I see the day where my job requires me using a shovel at a national park or help homeless people build a dam in the state of georgia I'm not going to cry bout jobs, money, cost of living and how George Bush screwed us. I think alot of people need to wake up and be glad we're not advertise on japan's tvs "for a dollar a day you can feed an ex labor union gm employee who lost his job".
I think that you need to raise your standards for the countries economy. Better than mexico is hardly a goal worth having. | |
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