On Thursday, the Senate Armed Services Committee will hold a hearing on contingency plans for a U.S. withdrawal from Iraq. A source “close to the committee” expects testimony from Under Secretary of Defense Eric Edelman, who recently told Sen. Hillary Clinton (D-NY) that “public discussion of the withdrawal of U.S. forces from Iraq reinforces enemy propaganda.” Last week, Edelman was a “no-show” for a House Armed Services Commitee hearing because the administration felt he should “lower his profile” for awhile.
lower. drag that belly, Eric.
lower.
there’s your re-branding. pugs.
July 27th, 2007 at 5:29 pmSo he’s gonna go talk publicly about redeployment plans. Doesn’t he know that only emboldens the enema?
July 27th, 2007 at 5:36 pmEconomy Growth Is Best in a Year
Friday July 27, 11:50 am ET
By Jeannine Aversa, AP Economics Writer
Economy Springs Out of Rut and Grows at 3.4 Percent Pace, Best Showing in More Than a Year
WASHINGTON (AP) — The economy snapped out of a lethargic spell and grew at a 3.4 percent pace in the second quarter, the strongest showing in more than a year. A revival in business spending was a main force behind the energized performance.
July 27th, 2007 at 5:38 pm“I don’t recall that letter Senator.”
July 27th, 2007 at 5:39 pmLast week, Edelman was a “no-show†for a House Armed Services Commitee hearing because the administration felt he should “lower his profile†for awhile.
For contradicting his boss and looking like a moron?
Uh, yeah.
July 27th, 2007 at 5:39 pm.
Economy Growth Is Best in a Year
Friday July 27, 11:50 am ET
By Jeannine Aversa, AP Economics Writer
Economy Springs Out of Rut and Grows at 3.4 Percent Pace, Best Showing in More Than a Year
WASHINGTON (AP) — The economy snapped out of a lethargic spell and grew at a 3.4 percent pace in the second quarter, the strongest showing in more than a year. A revival in business spending was a main force behind the energized performance.
What I’m not telling you however is that the market is down BIG the last three days, including overseas, gas prices are still pinching the middle class, real wages are stagnant for the middle class, while the wealthy are making out like bandits because we cut dividend taxes. That way those who make their money laying around the pool waiting for their dividend check, will pay less taxes then those of you that work for living.
Not that any of that matters to you.
July 27th, 2007 at 5:42 pmThe Captain obviously chooses not to see the whole picture. On top of the fact that he seems to want to change the topic.
July 27th, 2007 at 5:43 pmThe Dow Jones industrials finished down 208 points, or 1.5%, to 13,266, its fourth loss of 100 points or more in the last six sessions. The Standard & Poor’s 500 Index fell 23.7 points, 1.6%, to just under 1,459, and the Nasdaq Composite Index was off 37 points, 1.4%, to 2,562.
There’s no way to sugar-coat what happened. It was a lousy week. The Dow lost more than 585 points, or 4.2%, its worst week of the year,
July 27th, 2007 at 5:43 pmoops, previous post from msnbc…
July 27th, 2007 at 5:44 pmOn topic, Edelman is like our limited intellect trolls, breathing and eating only approved talking points, while shitting whatever colored feces the SecDef or chymp order.
July 27th, 2007 at 5:45 pmSomehow the Democrats are to blame for the stock market losses. I just know it.
/sarcasm
July 27th, 2007 at 5:46 pmA revival in business spending was a main force behind the energized performance.
Yep, cause investors are worried about consumer spending:
Markets took little comfort from a revised report that showed the economy grew at a faster pace in the second quarter, 3.4 percent, not 3.2 percent as earlier reported. The report also showed that consumer spending was weaker than had been thought and that much of the growth was due to stronger government spending and an increase in exports.
The debt markets relatively newfound aversion to leveraged buyouts continued to rattle investors.
July 27th, 2007 at 5:46 pm.
Edlemen, woodshed. Woodshed, edelman. You two have fun now.
July 27th, 2007 at 5:47 pm“The Dow lost more than 585 points, or 4.2%”
It’s a great buying opportunity.
July 27th, 2007 at 5:47 pmSomehow the Democrats are to blame for the stock market losses. I just know it.
/sarcasm
Well, you can only create an illusion of prosperity for the investor class by screwing the middle class for so long before a receding tide begins sinking all boats.
From the same link:
The worst performers across the region were manufacturers heavily dependent on the United States consumer market amid fears over the health of the world’s biggest economy. Makers of semiconductors, cars and electronic appliances registered the biggest share price falls.
July 27th, 2007 at 5:48 pm.
Chimpy must have leaned on some mooks to bring forth a rosy economic picture.
He just hired some Armstrong Williams style lackey to make up statistics like Bobo Brooks does.
This nation is a hollowed out husk of a former democracy. Our astronauts are drunks, our sports hero’s are junkies, pervs and dog killers, our movie starlets are a pack of drunken and irresponsible tarts, Senators are whoremongers and relgious charlatans, and the US military has been co-opted by Bushistas for an endless war for endless corporate profits.
Heckuva job.
-GSD
July 27th, 2007 at 5:52 pmLook, markets are not the same thing as the economy. But, as votes of confidence go, this is a poor showing.
The middle class drives the economy with its consumption. That consumption has been propped up by some really stupid lending practices. Thanks to the worst job growth in 40 years and impending AMT adjustments and negative equity, this national credit card binge is now at an end. So, credit’s screwed up, consumer spending is in doubt, and the only bright spots are b-2-b spending and the kind of fiscal stimulus that supposedly isn’t happening under a supply-side regime.
The Tax-Cut-Led-Growth Fairy crawled into a jar and died. Years ago. Time to go back to what we know works.
July 27th, 2007 at 5:52 pm.
It’s a great buying opportunity.
Comment by The Captain — July 27, 2007 @ 5:47 pm
The survivors will have corn aplenty.
July 27th, 2007 at 5:53 pm.
The Captain,
“It’s a great buying opportunity.”
That’s another way of saying… “There is no bad news.”
July 27th, 2007 at 5:53 pm““The Dow lost more than 585 points, or 4.2%â€
It’s a great buying opportunity.
Comment by The Captain “
I thought the same thing at the beginning of the stock market crash the last time. I’m $200,000 poorer today because of thinking like that.
July 27th, 2007 at 5:54 pmCaptain Morgan?
Seems you’ve been dry-docked sir.
July 27th, 2007 at 5:56 pmI thought the same thing at the beginning of the stock market crash the last time. I’m $200,000 poorer today because of thinking like that.
Comment by bilbobaggins — July 27, 2007 @ 5:54 pm
Word. A lot of guys my age were ready to retire. Then … boom!
Funny when people change their idea of how much value a thing has, after being in denial for months or years. I thought markets were supposed to be rational.
July 27th, 2007 at 5:56 pm.
That’s another way of saying… “There is no bad news.â€
Comment by Crump’s Brother — July 27, 2007 @ 5:53 pm
————————————————–
Jeez…
No wonder you guys are called
“Defeatists” and “Surrender Monkeys”
Cheer up, CB!
The rain ‘ll turn t’ sunshine!!!!
July 27th, 2007 at 5:57 pmBack to the subject of this thread. I am looking forward to hearing Edelman’s testimony. I wonder if he will lose his memory like all the others. But, he can’t really lose his memory about the letter he wrote to Hillary. That was only two weeks ago. Apparently the memory threshold for the Republicans is 1 month.
July 27th, 2007 at 5:58 pmOur astronauts are drunks, our sports hero’s are junkies, pervs and dog killers, our movie starlets are a pack of drunken and irresponsible tarts, Senators are whoremongers and relgious charlatans, and the US military has been co-opted by Bushistas for an endless war for endless corporate profits.
You forgot to add that our President is an alcoholic coke-head.
July 27th, 2007 at 5:59 pmAnd our President is a war-mongering organ grinding chimp sitting on the lap of a bloated old pirate with a foul mouth and a loaded shotgun.
-GSD
July 27th, 2007 at 6:08 pm#26, how do you really feel?
July 27th, 2007 at 6:34 pmGSD #26, unfortunately, that pretty much sums it up right there.
July 27th, 2007 at 7:02 pmIMPEACH!
July 27th, 2007 at 9:08 pmEdelman is a Bushie as*hole. Edelman has his lips glued to the Moron-in-Chief’s you-know-what with superglue.
Whether he testifies or not is irrelevant. He is a war criminal just like the rest of this abominable administration.
July 27th, 2007 at 10:22 pmMr. President
July 28th, 2007 at 4:07 am