L.A.Times announces 50,000 expected at commie 'May Day' parade, so many they were gonna split the throngs into two separate parades, but unexpectedly only a couple hundred show.
72
Boldwin
ID: 374391816 Thu, May 19, 2011, 18:47
"Sales of existing U.S. homes unexpectedly declined"... - Bloomberg.com/news May 19, 2011., noted at Instapundit
73
Pancho Villa
ID: 597172916 Fri, May 20, 2011, 09:27
#72
In the interest of balance:
A larger-than-expected drop in weekly jobless claims and quarterly results from retailers helped boost U.S. markets Thursday, but investors’ enthusiasm was dampened by a lackluster reading of the Federal Reserve Bank of Philadelphia’s business-activity index and an unexpected decline in April home sales.
You guys should never ever challenge me on Clinton trivia. He had an economic rapid response team to smooth out the various crisis as they arose, such as a run on the dollar. He shut it down the last six months deliberately so as to sabotage things for Bush.
Which is not to mention he sabotaged America by talking the Saudis into raising the price of oil.
Or that he helped China into the newly created WTO thus costing the USA 2 million jobs.
Or that he insisted Gramm–Leach–Bliley Act could only pass if the loans made by the new agencies included lots of Community Reinvestment Act sub-prime.
Or that he fixed China's ICBM's which used to blow up early in flight before he gave them the fix.
Or that he gave China supercomputers and every other military high tech they could wish for.
But turning off the economic rapid response team was all the evidence I needed.
75
Pancho Villa
ID: 597172916 Fri, May 20, 2011, 23:45
He shut it down the last six months deliberately so as to sabotage things for Bush.
Let's see, the election was November 2nd, Gore conceded December 13, and Bush was inaugurated January 20th. Yet, Clinton shut down this team on roughly July 19th in anticipation of a Bush victory?
Is this another WND "exclusive?"
76
Boldwin
ID: 28428213 Sat, May 21, 2011, 04:45
My memory was that he shut it down for at least the six months prior to his leaving office. You figure out why. The business cycle was unavoidably trending down after the dotcom bubble bursting. I don't think a downturn was avoidable at the time, heck it was on the way down in March of 2000, but he added this kick to america's posterior as it started to tumble.
It sure wasn't Bush who left America without an economic response team the last half a year of Clinton's last term.
77
Boldwin
ID: 28428213 Sat, May 21, 2011, 04:47
And as for the suggestion that this would sour a Gore presidency, hah! They had no interest in making Gore look good. They had visions of a two part 16 year Clinton family dynasty. They didn't want Gore blocking her eventually.
78
sarge33rd
ID: 372291615 Sat, May 21, 2011, 05:03
egads.....partisan conspiracy theories
stay tuned kiddies, same bat time, same bat channel, same batshit crazy BS
79
Mith
ID: 5631099 Sat, May 21, 2011, 08:16
The president has almost no ability to impact the economy.
80
Pancho Villa
ID: 597172916 Sat, May 21, 2011, 09:03
But turning off the economic rapid response team was all the evidence I needed.
What evidence? You just made a wild claim that Clinton deliberately tried to sabotage things for Bush, or, if Gore won, so be it.
You don't need evidence to slander the Clintons. All you need is a keyboard and a warning that You guys should never ever challenge me on Clinton trivia.
81
Tree
ID: 38414218 Sat, May 21, 2011, 09:21
You guys should never ever challenge me on Clinton trivia.
the primary definition of trivia is indeed correct here, in fact, for most things you say these days.
82
Perm Dude
ID: 5510572522 Sat, May 21, 2011, 09:47
My memory was that he shut it down for at least the six months prior to his leaving office. You figure out why.
I literally LOL'd at this one.
Not worth any other response, really.
83
DWetzel
ID: 31111810 Sat, May 21, 2011, 10:51
Hey, don't laugh PD, that sort of thing happens all the time. Bush shut it down for eight years just to sabotage Obama.
84
Boldwin
ID: 28428213 Sat, May 21, 2011, 22:37
My big problem is that I can't remember the name of the team and eleven year old news items don't leap to the front of google. In addition I posted this stuff to Salon TableTalk but it's doubtful it was in a rare thread that's been saved in their attic this long.
There is no question about what he did and how serious it was however. When you are sliding into a recession a well meaning president doesn't dismantle the country's means of stabilization.
85
sarge33rd
ID: 372291615 Sat, May 21, 2011, 23:50
riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiight
86
Boldwin
ID: 554211 Thu, Jun 02, 2011, 12:04
Ultra-left British mainstream press, 'The Guardian' prepares it's lefty readership for Obama's double-dip recession. Michael van der Galien reacts:
Oh my. If the Obama-friendly the Guardian is now preparing its readers for a new recession, you can bet on it that it’ll happen.
Mike Riddell, fund manager at M&G, is quoted as saying: “The last month has been a horror show for the world’s biggest economy, and things are getting even worse if data released today is anything to go by. It seems that almost every bit of data about the health of the US economy has disappointed expectations recently.”
Shorter: you’d better prepare for some rough years indeed.
The reason, of course? Obama’s failed economic policies. The man did the exact opposite of what had to be done: he made the government bigger and made life virtually impossible for small and middle sized businesses.
If you are liberal this needed an announcement. The rest of us knew it the moment he decided to make it rain money on his friends in the middle of a depression while menacing his enemies, American business.
87
Perm Dude
ID: 5510572522 Thu, Jun 02, 2011, 12:18
Of course it is the failed policies of Obama, who secretly controls the world's economy.
I thought Soros controlled the world economy. Damn, wrong again?
Also, um, who made it rain money on his friends in the middle of a depression again? I could have sworn Obama wasn't elected until very late in 2008.
90
Perm Dude
ID: 5510572522 Thu, Jun 02, 2011, 13:50
See what happens when you miss a meeting, DW?
91
Boldwin
ID: 554211 Thu, Jun 02, 2011, 15:42
Wow, really, you think Obama can get away with laying the first two years on Bush and the second dip on that bad ole world economy conspiring to thwart 'the One'.
With this lapdog press eating out of his palm he could possibly get away with blaming the second dip on moonmen.
92
Perm Dude
ID: 5510572522 Thu, Jun 02, 2011, 16:00
When the second dip should be placed squarely in his lap for some reason, in other words? And no where else?
93
DWetzel
ID: 53326279 Thu, Jun 02, 2011, 16:09
Wow, really, you think Obama can get away with laying the first two years on Bush and the second dip on that bad ole world economy conspiring to thwart 'the One'.
1. Strawman alert.
2. It's certainly a more plausible theory than "doing exactly the same crap that got us into this mess, only more, will get us out of it", which seems to be your economic theory.
94
Boldwin
ID: 554211 Thu, Jun 02, 2011, 16:10
When someone walks out the door with $787 billion of your money to fix a problem for you and then comes home empty-handed I don't think 'the dog ate it' is gonna cover it.
95
Perm Dude
ID: 5510572522 Thu, Jun 02, 2011, 16:16
I expected nothing less from you. And got nothing more.
96
Pancho Villa
ID: 597172916 Thu, Jun 02, 2011, 18:30
I find it reprehensible that a percentage of Americans seem to be saying,
" I had absolutely nothing to do with the current economic situation, and my main goal is to attach blame to my political opponents."
When someone walks out the door with $787 billion of your money to fix a problem for you and then comes home empty-handed
I'll assume you're talking about Iraq. Of course $787 billion doesn't begin to cover the entire bill; past, present and future. The same people that were so gung-ho about economically catastrophic foreign invasion are now pointedly adhering to a position of catastrophe concerning the government spending money domestically, which most economists without a political agenda consider to be successful to varying degrees.
97
Boldwin
ID: 175341520 Wed, Jun 15, 2011, 23:52
“Confidence among U.S. homebuilders slumped in June to the lowest level in nine months as executives turned more pessimistic on the outlook for sales, a sign that any pickup will take time to develop. The National Association of Home Builders/Wells Fargo sentiment index unexpectedly fell to 13 from 16 in May, the biggest drop in a year, data from the Washington-based group showed today.”
98
sarge33rd
ID: 372291615 Thu, Jun 16, 2011, 17:10
With wages largely stagnant if not declining over the past 10 years, has it occured to you that homes were predominantly OVER priced to begin with, and this decline in value is merely a market correction? (ie, your vaunted free market at work?)
99
Mith
ID: 23217270 Thu, Jun 16, 2011, 17:17
I think most people acknowledge that most of the decline was a bubble pop/correction but if the recovery were stronger we'd have seen some movement back into the market by now.
100
Seattle Zen
ID: 10732616 Thu, Jun 16, 2011, 19:15
Nationwide confidence surveys of home builders are a waste of time and paper.
In the internet all girls are guys and all kids are undercover FBI agents.
103
Boldwin
ID: 35615181 Thu, Sep 15, 2011, 11:00
“The number of Americans filing new claims for jobless benefits rose unexpectedly last week..." Chicago Tribune / Reuters 9/15/11 found via Instapundit
104
Boldwin
ID: 35615181 Thu, Sep 15, 2011, 11:27
The U.S. economy added no new jobs in August as the unemployment rate stayed steady at 9.1 percent, the Bureau of Labor Statistics reported on Friday, the most concrete sign yet that the recovery has stalled out and a double-dip recession may well be on the way.
"We're treading water, going sideways, you can call it whatever you want; this report says we are not gathering momentum," said Wells Fargo economist John Silvia.
While Silvia said he doesn't think the U.S. is in another recession right now, he said he wouldn't be surprised if the economy enters into a recession in the near future. Signs of a slow growth economy -- GDP growth of around 1 percent, falling housing prices, weak manufacturing, stagnant high unemployment -- mean the U.S. economy is volatile and vulnerable.
"We're going to be very sensitive to any kind of shocks going forward," Silvia said. "Looking forward to some of the big events coming in the fall: a new congressional committee or another potential shock from Europe, yeah we could easily get into another dip."
Zero, zilch, nada. How many each month do we need just to stay even?
So anyway, I was in the mall to find a particular football draft magazine during this, the hope and change worker's paradise, and low and behold my Waldenbooks was having a going out of business sale.
I don't like to see innocent people lose their jobs, not even liberals, so no schadenfreud here, and I hate to lose the last real bookstore in town.
Hate that.
Well the downside is there was no magazine, I have no bookstore and I'll never again see the delightful show their faces put on every time I asked them to show me Ann Coulter's new book. [every time I went in there 8]
On the plus side I picked up a le Carre I had missed somehow, and for only $4. And you get the benefit of my find, "All The Devils Are There"...the definitive book on how the second great depression started. Snippets to follow.
105
Boldwin
ID: 35615181 Thu, Sep 15, 2011, 11:57
Innocent...hmm...then again they did vote for change.
So you are not the mad bomber censoring everything today, PD?
111
Perm Dude
ID: 420241913 Tue, Oct 04, 2011, 15:10
If by "censor" you mean "deleting posts," then no. I haven't deleted anything on this forum in some time. In fact, I got some Malware on my regular computer that I've spent about 13 hours now trying to get rid of and haven't even been keeping a full eye on things here.
112
Tree
ID: 41512710 Tue, Oct 04, 2011, 15:48
So you are not the mad bomber censoring everything today, PD?
maybe its Jesus trying to send you a message and telling you to cut the crap.