PapaG vs Obama Question.....

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The economy repairs itself. What President Obama's policies have done is to dampen the recovery, to hurt ordinary Americans at the expense of his chosen constituencies/organizations.

No bounce (V shape). Dampen (L shape).
 
Much like how a QB gets overly credited/blamed for a football team's wins/losses, the POTUS gets overly credited for their effect on the economy. Continuing that analogy, Congress is like the Offensive line clearing a path or letting through blitzers to level the QB. They control all spending and economic policies... the President can only make suggestions on what they should do. Bush was the worst President in my lifetime for many reasons. Having a willing Congress installing his disastrous policies which directly led to tanking the economy ranks high on the list behind 9/11 & the subsequent bold face lies told to the American people (& the world) to justify the unnecessary catastrophe that was Iraq. But make no mistake about it, his economic policies were installed & ran the country off the road.

http://www.bushtoll.com/

Under Obama, the Legislative Branch has become known as the do nothing Congress because they've barely passed anything. Despite two large margin electoral victories, his policies/economic suggestions were not installed. Hard to give him much credit or blame for the way things are going economically when obstructive politics have kept him from running any plays.

So worst President ever followed by worst Congress ever

STOMP

"Bushtoll.com".

LMAO at this clown post.
 
Finance wizards run that site. The Dow isn't measured in dollars, yet all their figures are displayed as if dollars.

Talk to STOMP about it. He's the one who sourced that hilarious website.
 
Typical post. That website is hilarious. I'm wondering if STOMP is that actual person who runs it.

And you typically repeat yourself. We're all snowflakes.

EDIT: but yeah that site doesn't exactly look credible.
 

classless as usual and now with extra empty bluster!

Or are you going to claim I've got it all wrong and lecture the board on how the housing bubble burst was caused by actions taken by Congress in 2006 and beyond? That Medicare part D wasn't a financial disaster for taxpayers? That cutting income (taxes) while greatly expanding expenses (wars, gov't expansion/bureaucracy) is a smart way to balance books?

STOMP
 
classless as usual and now with extra empty bluster!

Or are you going to claim I've got it all wrong and lecture the board on how the housing bubble burst was caused by actions taken by Congress in 2006 and beyond? That Medicare part D wasn't a financial disaster for taxpayers? That cutting income (taxes) while greatly expanding expenses (wars, gov't expansion/bureaucracy) is a smart way to balance books?

STOMP

I know this really cool site to visit.

http://www.bushtoll.com/
 
So now you attack the source . . .

deadbeatdadG is such a pathetic friendless troll. For whatever reason he follows me around like an abandoned puppy in thread after thread begging for any sort of attention. I know a lot of posters already avoid him like the plague, but really everyone should stop feeding the troll

STOMP
 
deadbeatdadG is such a pathetic friendless troll. For whatever reason he follows me around like an abandoned puppy in thread after thread begging for any sort of attention. I know a lot of posters already avoid him like the plague, but really everyone should stop feeding the troll

STOMP

Bushtoll.com is the shit! 6 comments in a half year on the most recent post, the most credible of which destroy the lame premise of the actual original post.

:MARIS61:

I'm not sure I've actually commented on more than 6 of your posts in the last year, let alone 'followed you around'. You do seem to make idiotic posts, so maybe that's why I've been commenting on them recently? I do tend to mock idiotic posts, and that's probably my own fault.
 
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deadbeatdadG

Aw, that was cute. Did you climb El Capitan thinking that up all by yourself? Tell me about your knee surgeries again. That is always fascinating.
 
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Are you a deadbeat? Hey, I understand. You have said that your wife travels a lot and earns a lot. The courts rule against men like you who are poor. I'm on your side.

You didn't mean you're a deadbeat sexually, did you? Hey, I understand.
 
http://thomas.loc.gov/cgi-bin/bdquery/z?d109:SN00190:@@@D&summ2=m&

Blocked by Obstructionist Democrats.

http://www.factcheck.org/2008/10/who-caused-the-economic-crisis/

The McCain-Palin campaign fired back with an ad laying blame on Democrats and Obama. Titled "Rein," it highlights McCain’s 2006 attempt to "rein in Fannie and Freddie." The ad accurately quotes the Washington Post as saying "Washington failed to rein in" the two government-sponsored entities, the Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac"), both of which ran into trouble by underwriting too many risky home mortgages to buyers who have been unable to repay them. The ad then blames Democrats for blocking McCain’s reforms. As evidence, it even offers a snippet of an interview in which former President Clinton agrees that "the responsibility that the Democrats have" might lie in resisting his own efforts to "tighten up a little on Fannie Mae and Freddie Mac." We’re then told that the crisis "didn’t have to happen."

It’s true that key Democrats opposed the Federal Housing Enterprise Regulatory Reform Act of 2005, which would have established a single, independent regulatory body with jurisdiction over Fannie and Freddie – a move that the Government Accountability Office had recommended in a 2004 report. Current House Banking Committee chairman Rep. Barney Frank of Massachusetts opposed legislation to reorganize oversight in 2000 (when Clinton was still president), 2003 and 2004, saying of the 2000 legislation that concern about Fannie and Freddie was "overblown." Just last summer, Senate Banking Committee chairman Chris Dodd called a Bush proposal for an independent agency to regulate the two entities "ill-advised."
 
Here's the NASDAQ composite index from 2000. Lookie what W inherited!

stock_market_crash_chart_Nasdaq_still_not_recovered.png
 
classless as usual and now with extra empty bluster!

Or are you going to claim I've got it all wrong and lecture the board on how the housing bubble burst was caused by actions taken by Congress in 2006 and beyond? That Medicare part D wasn't a financial disaster for taxpayers? That cutting income (taxes) while greatly expanding expenses (wars, gov't expansion/bureaucracy) is a smart way to balance books?

STOMP

Why is it classless to call you an economic ignoramus? It's merely stating the truth. Your previous economic rant demonstrated a fundamental lack of understanding of even the most basic of economic principles.
 

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