Hannity: ‘The economy is phenomenal.’
By on Jan 18th, 2008 at 12:20 pm
Hannity: ‘The economy is phenomenal.’
Yesterday on Fox’s Hannity and Colmes, the duo battled over the status of the ailing economy. We should have tax cuts “for the middle class, not for the wealthy,” Colmes said. “How about everybody,” interrupted Hannity. Hannity then proclaimed that he thinks the economy is doing “phenomenal” right now:
COLMES: That doesn’t seem to be helping the economy very much…because things aren’t going so well.
HANNITY: It is, Alan. The economy is phenomenal. Where have you been living?
Watch it:
[flv http://video.thinkprogress.org/2008/01/hannityeconomy.320.240.flv]
“Let’s you and I go at it for the next 45 minutes,” Colmes replied. “God help us,” retorted Hannity.
View Most Popular
Advertisement
What We're About
What We're Fighting For
What We're Fighting Against
Featured
Subscribe to the Progress Report
Topic CloudView topics sorted by popularity
Boehner
Bush
Bush Legacy
Cheney
Civil Rights
Congress
Corporate Ethics
DADT
Economy
Energy
Environment
Ethics
Fox News
Gingrich
Global Warming
Guantanamo
Hannity
Health Care
International Relations
Iran
Iraq
Justice
LGBT
Limbaugh
Liz Cheney
McCain
Media
Military
O'Reilly
Obama
Palin
Pelosi
Race
Radical Right
Religion
Rove
Sanford
Sotomayor
Steele
Supreme Court
Terrorism
ThinkProgress
Tiller
Torture
Women's Rights
Visit Our Affiliated Sites
Reports
In-depth studies on select topics
Got a hot tip?
Have a hot news tip? We'd love to hear from you. Use the form below to send us the latest.
ArchivesBlog Roll
I guess someone didn't send Sean the memo: Even bush is talking about the economy being...shall we say, less than rosy?
You'd think Sean would know that...working for a news network and all...
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!
January 18th, 2008 at 12:22 pmI'm certain Hannity lives in a safe, gated community, drives to work in his Mercedes, and laughs at the peons working three jobs.
January 18th, 2008 at 12:23 pmFor him, all's rosy.
BlinderVision.
Good thing no one watches Fox business news, where it is phenomenal.
January 18th, 2008 at 12:25 pmWhen you tell lies for those in power for a living, the economy is always "phenomenal".
January 18th, 2008 at 12:25 pmHannity and Frank M live on Planet Faux News. They have no clue about reality here on Earth. Totally self-centered: "if it's not happening to me, it's not happening anywhere."
January 18th, 2008 at 12:27 pmI don’t know about phenomenal, but I certainly haven’t had any problems. It’s the bozos who’ve borrowed more than they could afford to who are in a deep trouble, but don’t blame the economy for their stupidity. If you can’t manage simple financial planning, you shouldn’t be borrowing any money at all.
Comment by Frank M — January 18, 2008 @ 12:24 pm
Shorter Frank M:
"I've got mine; the rest of you can fukc off."
Um, Frank? "The bozos who borrowed more than they could afford to" are the ones who propped up this house-of-cards economy for so long. Even when the primary economic indicators were trending downward (manufacturing, inflation, income disparity, employment) consumer spending kept things afloat. The only problem was, that consumer spending, like Bush's War on Terra, was beng financed by expanding debt. Oops.
January 18th, 2008 at 12:30 pmIf you tell a big enough lie and tell it frequently enough, it will be believed.
-Adolf Hitler
January 18th, 2008 at 12:30 pmPreach it in the streets, brother.
January 18th, 2008 at 12:30 pmFrank M, huh?
Are you aware that the dollar has devalued some 60% since George took office?
January 18th, 2008 at 12:31 pmUh, Frank? Are you retarded? It's OK if you are...we'll understand, but please tell us...do you have some sort of damage or do you have "special" needs?
January 18th, 2008 at 12:31 pmI understand frank m's feeling about the economy.
His mommy still makes him three hots a day and tucks him in at night. For him, nothing has changed.
January 18th, 2008 at 12:31 pmThe economy is phenomenal!!
January 18th, 2008 at 12:31 pmHow it could go from a budget surplus to budget deficit in just a decade is a phenomenal feat!!
Kudos to the current regime!!
Yeah, Heil Hannity, things are just fine and dandy for the corporate ruling class and their over-paid corporate media whores. With massive tax cuts for the rich, the wealthiest are getting even more wealthy. On the other hand, even Republican Huckabee is starting to take a populist line, as the right-wing evangelicals have been suffering under the Bush distortion of our economy along with most everyone else...
January 18th, 2008 at 12:31 pm#13 -
That's a true sign of compassionate conservatism right there.
January 18th, 2008 at 12:33 pmThis double digit inflation is pretty much global Frank.
January 18th, 2008 at 12:33 pm#16 -
Seriously? You're trying to say the devalued dollar is a GOOD thing?
Wow.
January 18th, 2008 at 12:34 pmHannity is such a tool. He and the people who actually listen to him are living in a fantasy land. When will he and his ilk wake up? When the Europeans and Canadians start shooting at us?
January 18th, 2008 at 12:36 pmcomment by Frank:
#10: And do you have any idea how good that is for exports business?
Explain that one, Frank.
January 18th, 2008 at 12:36 pmHey Frank M:
January 18th, 2008 at 12:37 pmExcuse me for being rude but your statements seem somewhat thoughtless. I hold two Masters degrees and have worked for 17 years in the same field. Still I need to hold a part time second job to get by and it has nothing to do with borrowing money I could not afford to as I have not done so. Each individual's situation is unique. Your one large brush approach is reflective on a knee jerk unrefined thought process
Please talk to my retirement fund which is indexed to the market. The Dow has lost 20% in the last 6 months. It is now roughly level with what it was when Shrub went into the WH (correcting for inflation, it has lost 20% over the past 7 years).
January 18th, 2008 at 12:38 pmWould Hannity be saying that if a Democrat were in office ? He's a Bozo.
Keep in mind- This is the SECOND Busch/Cheney recession.
∞
January 18th, 2008 at 12:38 pm““I’ve got mine; the rest of you can fukc off.â€â€
Damn straight. Nothing wrong with that.
Comment by Frank M — January 18, 2008 @ 12:31 pm
Wow. In some weird way, you gotta admire Frank M for his willingness to stand behind the repugnant priniciples in which his beliefs are grounded.
Most trolls would pretend that their beliefs aren't really as selfish and hateful as logic would dictate. Not Frank. Frank embraces the selfishness and the hate. Good for you , Frank! You keep displaying that compassionate conservatism to the world!
January 18th, 2008 at 12:41 pmFrank M is an stone, blithering idiot.
He only makes his inane comments hoping to get a reaction.
January 18th, 2008 at 12:41 pmHANNITY: It is, Alan. The economy is phenomenal. Where have you been living?
Hannity must live in the same neighbourhood as Daryll.
January 18th, 2008 at 12:41 pmThe last time the market was this low was March 16th when it closed at 12110.
January 18th, 2008 at 12:41 pm#22: "somewhat thoughtless"?
That has GOT to be the understatement of the year...but I do admire your restraint in your attempted communication with an imbecile.
January 18th, 2008 at 12:42 pmHe only makes his inane comments hoping to get an erection.
Comment by The Republic of Stupidity — January 18, 2008 @ 12:41 pm
I fixed your comment TRoS.
January 18th, 2008 at 12:42 pmI don’t know about phenomenal, but I certainly haven’t had any problems. Comment by Frank M
Yeah, in every incident of a bad economy....anywhere on the earth there have been scum who thrived off of the misery of the rest of the population. I suspect that if what you say is true then that is the reason...
January 18th, 2008 at 12:43 pm=Bush wants broad tax cuts=
January 18th, 2008 at 12:49 pmRepublicanism is the ideology of governing a nation as a republic, with an emphasis on liberty, rule by the people, and the civic virtue practiced by citizens. Republicanism always stands in opposition to aristocracy, oligarchy, and dictatorship. More broadly, it refers to a political system that protects liberty, especially by incorporating a rule of law that cannot be arbitrarily ignored by the government. Or as John Adams put it, “They define a republic to be a government of laws, and not of men.†Much of the literature deals with the issue of what sort of values and behavior by the citizens is necessary if the republic is to survive and flourish; the emphasis has been on widespread citizen participation, civic virtue, and opposition to corruption.
As republicanism only stands in opposition to dictatorial authority, it is compatible with a constitutional monarch holding symbolic roles, such as in modern Britain, Canada and Japan.
Advocates of republicanism argue that it demands a citizenry that puts a premium on civil virtue and opposes corruption. Most authors argue that republicanism is incompatible with office holders using public power for personal gain.[1] Many dictatorships have called themselves "republics," but none ever protected liberty or the rights of their citizens.
http://en.wikipedia.org/wiki/Rep...i/ Republicanism
January 18th, 2008 at 12:51 pmHannity is simply doing his job...and that's twisting facts...
He is paid by Fox to do that.
He presents no facts, no data, no resreach...and simply no knowledge. And he will argue you with anybody that he is right..he controls the show.
But to use the word 'phenomenal' regarding the economical situation we are in now, when everybody in watching the economy disagrees with him...makes him look like a fool...
January 18th, 2008 at 12:52 pmbut don't worry, he relies on his own ignorant believers whom he has been feeding BS for so many years.
Frank M has the biggest trailer in the trailer park. It's a double-wide with a sun porch. His Dodge even has a light bar and a lift-kit. And he apparently has the internets. Congrats Frank M - you're doing PHENOMENAL!
January 18th, 2008 at 12:55 pm#10: And do you have any idea how good that is for exports business?
Comment by Frank M — January 18, 2008 @ 12:32 pm
It is good. If you're an exporter. How many U.S. citizens are exporters Frank? Are you an exporter? I'm guessing not. You're a buyer. So everything that you buy costs more then it did 7 years ago. A lot more because your dollar is worth less, a lot less, you could say it's worthless.
Then you could examine the DJIA. It was 10,581 when Bush took office. Right now it's 12124. That's a 14.5% gain in 7 years. Less then inflation. Less then 2% a year. Sounds wonderful.
That don't grab you? Your trade deficit is the worst it's ever been. That means you buy more foreign goods then you sell to foreign countries. That means your dollar is in everyone's pockets but your own and will continue to cause your dollar to devalue. And while you've commonly had a trade deficit it's the largest ever right now. Great eh?
Don't like that? You're in or entering a recession and from what I'm reading most feel it's a severe one. Even Bush is starting to admit it. Your interest rates are so low for so long that there's not much you can do to stop it either. Your govt can try and jumpstart the economy with incentive packages but those cost money and your deficits are at record highs since Bush took office. You've got no room to maneuver your economy, no money to do anything that won't cause worse problems elsewhere... drop your interest rates lower and your dollar will tank worse... give up more tax breaks and your deficits will continue to climb. You're screwed Frank, but you've got yours so all is good with the U.S. economy.
January 18th, 2008 at 12:59 pmHannity: ‘The economy is phenomenal (for me)' well, asswipe, it is not so great for many others and it is getting worse by the day.
I see alot more people begging for food and handouts, not bums but whole families. They can't afford gas either, it makes it kind of hard to find a job when there are so few now that actually pay a living wage without public transportation if you can't afford the gas to get there.
Oh, and I'm sure that sicko Daryll will come on a brag about how his economy and his sicko neighbors are just fine, so it must be for everyone else also. Sick phuck that he is.
Buck Fush
January 18th, 2008 at 1:00 pmHannity should be more careful. He’s running the risk of alienating his viewers. 70 year olds on fixed incomes will be eating pet food soon if they’re not already. Anyone who goes to a grocery store knows this.
January 18th, 2008 at 1:06 pmFrank M and Sean Hannity illustrate the principles of Republican economics, at least since the Reagan era: as long as my wealthy friends and I are doing well, then the economy is doing well.
January 18th, 2008 at 1:08 pmImpossible Roket - Hannity doesn't have "viewers". He has zombies that will just parrot what he says without actually thinking about the content or message. SEE: Frank M.
January 18th, 2008 at 1:10 pm"If you can’t manage simple financial planning, you shouldn’t be borrowing any money at all." Comment by Frank M — January 18, 2008 @ 12:24 pm
I don't suppose Frank would like to discuss budget surpluses, deficits, the national debt and the quality of financial planning in the Federal Government under our friends 'the financially conservative Republican party', at least not using actual numbers.
January 18th, 2008 at 1:11 pmHannity and Matalin are totally out of touch with the lives of real people - they can share their opinions with Rep. Bachman of MN. who thinks that working more than one job is just wonderful.
How do they reconcile their thinking with their so called "family values?"
January 18th, 2008 at 1:11 pmWhere have YOU been living, Sean? Apparently you don't get out much.
January 18th, 2008 at 1:12 pmJust this morning at work, we learned of more tightening - cutting hours and reducing hourly wage.
January 18th, 2008 at 1:13 pmDave C:
I was hoping for Frank to explain his idiotic statement. I guess he couldn't. Thank you (not) for bailing him out.
January 18th, 2008 at 1:14 pmYou know that right now Frank M is surfing conservipedia in attempts to find something - ANYTHING that will bail him out.
I can just see it now - "HEY LOOK OVER THERE - It's the gays."
January 18th, 2008 at 1:16 pmI don’t know about phenomenal, but I certainly haven’t had any problems. Comment by Frank M
Self-centered and compassionless people like FrankM are always around - they also held similar views in the 1930's, too.
January 18th, 2008 at 1:18 pmComment by brian — January 18, 2008 @ 1:14 pm
If you think I bailed him out you need to reread my post. Saying that a devalued $ is good is like saying that drowning is a good thing... if you're currently on fire.
January 18th, 2008 at 1:18 pmI don’t know about phenomenal, but I certainly haven’t had any problems. It’s the bozos who’ve borrowed more than they could afford to who are in a deep trouble, but don’t blame the economy for their stupidity. If you can’t manage simple financial planning, you shouldn’t be borrowing any money at all.
Comment by Frank M — January 18, 2008 @ 12:24 pm
Your ignorance is appalling. Do you really think the only people dealing with financial hardship are people who have overextended themselves? How about people who have been downsized out of their jobs? And can't find other work because so many jobs have been outsourced to other countries? My state is full of such people, who are either unemployed or are trying to make ends meet flipping burgers.
And don't even get me started on people who have been screwed by the cost of health care. The skyrocketing cost of getting sick has bankrupted many families.
Oh -- how about the price of gas? That not only has affected the bottom line of people who can't get to work without a car, but has raised the price of goods that must be transported by truck.
Yes, financial planning is an admirable thing to do -- as is managing money responsibly. However, in order to manage money, you must have some. Too many people are living paycheck to paycheck, trying to make their funds cover their bills, and praying nothing catastrophic happens to them.
But since you believe so much in the wisdom of financial planning, I urge you to go down to your local soup kitchen and impart this wisdom to the people you find there. I'm sure they'll appreciate it.
January 18th, 2008 at 1:20 pmIf you think I bailed him out you need to reread my post. Saying that a devalued $ is good is like saying that drowning is a good thing… if you’re currently on fire.
Comment by Dave C
I meant you bailed him out from having to explain his idiotic statement.
January 18th, 2008 at 1:22 pm"If you can’t manage simple financial planning, you shouldn’t be borrowing any money at all."
Comment by Frank M — January 18, 2008 @ 12:24 pm
Right, Frank. So why does our government do it?
January 18th, 2008 at 1:22 pmI agree with Frank M. As long as I have mine, to hell with the rest of you. I believe in the conservative view of economic Darwinism. Those who do not have the wealth should perish. I also agree with their belief that in one's own defense one should be willing to do anything. To hell with the rule of law and such crap. So, you know what, Frank seems to have a lot. Let us take it from him. We know that he is not too smart and that he could not take on a gang of us. Indeed, let us just take it from a lot of the wealthy. Let us loot those payday lenders and those nastry credit card companies and banks. After all, it is in our own defense and for our own survival. Frank, when you hear those foot steps behind you, you had better really be nervous.
January 18th, 2008 at 1:24 pmMissmolly (@50),
They might be so appreciative as to impart some hot soup right back.
January 18th, 2008 at 1:24 pmReaganomics has killed the goose that laid the golden eggs.
January 18th, 2008 at 1:24 pmJust this morning at work, we learned of more tightening - cutting hours and reducing hourly wage.
Comment by Marie — January 18, 2008 @ 1:13 pm
Marie, my husband's work just had a round of layoffs and everyone is expected to pay for half of their own health care now. (The owner had been covering the employee's share, but not families, before.)
Oh, and wages are frozen there, but costs continue to rise so my husband (after 27 years in his industry) is already making less than he did last year. (And last year held similar cuts and wasn't exactly great.)
January 18th, 2008 at 1:26 pmI agree with Frank M. As long as I have mine, to hell with the rest of you. I believe in the conservative view of economic Darwinism. Those who do not have the wealth should perish. I also agree with their belief that in one’s own defense one should be willing to do anything. To hell with the rule of law and such crap. So, you know what, Frank seems to have a lot. Let us take it from him. We know that he is not too smart and that he could not take on a gang of us. Indeed, let us just take it from a lot of the wealthy. Let us loot those payday lenders and those nastry credit card companies and banks. After all, it is in our own defense and for our own survival. Frank, when you hear those foot steps behind you, you had better really be nervous.
Comment by JMOHR
and you wonder why people tag you as a Nazi......
January 18th, 2008 at 1:29 pmComment by JMOHR
you describe the behavior of a pack of dogs.....so we need to put a leash on you.
January 18th, 2008 at 1:32 pmThe economy is always phenomenal for the wealthy; they can afford to ride out turbulence by investing in durable commodities.
It's everyone else--you know, the consumer on whose activity over seventy percent of our domestic economy depends--who's getting screwed by the playful antics of brokerage firms who bundled bad mortgages into bad securities. It's these people--and I am one of them--about whom Bush and his supporters could give less of a damn.
I can honestly say that I've never thought this way about anyone in my life, but here it is: if there is a hell, I hope Bush ends up there. In my humble estimation, he has it coming.
January 18th, 2008 at 1:33 pmComment by Fred — January 18, 2008 @ 1:32 pm
Fred, you got bit by the master of parody.
January 18th, 2008 at 1:34 pmLOL
The Best part, is when you cal lie to people and make them think that an average of $1200 is going to do it.
http://www.youpolls.com/details.asp?pid=1576
.
January 18th, 2008 at 1:35 pmHannity doesn't watch wall street nor read the WSJ he just relies on FOXspeak (both owned by Murdoch btw)...
Dude! the economy is slowing... our business sees it.
January 18th, 2008 at 1:36 pmComment by Fred — January 18, 2008 @ 1:32 pm
Fred, you got bit by the master of parody.
Comment by Nature Rules
I've tried reason with them to no avail
January 18th, 2008 at 1:37 pmFred, JMOHR is doing the sarcasm thing. He's really good at it.
January 18th, 2008 at 1:37 pmFred, JMOHR is doing the sarcasm thing. He’s really good at it.
Comment by nanlichi
I understood that and choose not to engage....rather to shine a light on the ignorance of the statement.
January 18th, 2008 at 1:41 pmHannity + nose dived economy = Lost in translation.
And we are supposed to believe Hannity's thoughts of the economy is the gospel truth from the Clown Network.
January 18th, 2008 at 1:45 pmComment by JMOHR — January 18, 2008 @ 1:24 pm
Ah, JMOHR -- I've missed your sarcastic rants. Thank you!
(and, as usual, you've successfully channeled people who really think this way)
January 18th, 2008 at 1:45 pmHannity's got his head so far up his ass. he's lost track of reality. He's not even god damned journalist. he's a flipping carpenter, who forced his way into the business, basically. Nobody, but NOBODY, takes that jack assed fool seriously.
and I'm a right of center type of person, and I've always felt that way about the hose bag.
-Chuck
January 18th, 2008 at 1:46 pmHey, Fred?
You've been had.
You might want to read all of JMOHR's posts. All of them.
Cause you've been had.
He was parodying a troll.
January 18th, 2008 at 1:46 pmFred: You and I are on the same side. I am trying to teach Frank a lesson. Perhaps it is a lesson that many of those who are better off need to learn. We can all go back to the survivalist and go-it-alone philosophy. But there are consequences. The New Deal, our great expansion after WWII came in part because political and business leaders knew that the underlying income inequality and refusal to look after the common good was giving rise to socialim, anarchists and communists. It also created fascism with the marriage of the state and economic elites. If Frank wants such a society, then he should be aware that self interest would lead many to disregard the social conventions that bind this society together. And why should people not take what they want if there is no shred of compassion or Christianity in those like Frank.
January 18th, 2008 at 1:49 pmComment by JMOHR and others:
Yep, I've shown my ass. Sorry J, my intentions were the best.....very good job and I'll be watching for ya from now on.
January 18th, 2008 at 1:54 pmOff the morning wire
Bush talks, Wall street tanks
President Bush announced his plan to help stimulate the U.S. economy today -- calling for an economic stimulus package that would equal about 1% of the country's gross domestic product -- and said tax incentives for business investments were necessary.
But his plan wasn't enough for the markets: Stocks had opened with a jump this morning but turned lower after Bush started speaking.
January 18th, 2008 at 1:55 pmI agree, JMOHR. THe last thing the elite that Frank M serves wants is for the 270,000,000 people in control of 10% of the US's wealth (and shrinking) to suddenly get agitated and go after the 30,000,000 who control the other 90% with guns, swords, and any other weapon they can get. Peasant uprisings are bad enough in agrarian societies, but in the United States, Land of the Gun? It would be particularly bloody...
Frank M, think about it. Even if you are one of the 30,000,000, there are 270 million people out there who may take badly to having been forced to take out credit to live while you ship our jobs overseas.
"I've got mine, fu** all of you." You sure about that? You might be able to handle one other person trying to enforce his version of your mantra. Can you handle TEN? Think on it...
January 18th, 2008 at 1:55 pmWell, we can't all be paid millions to be a blowhard on TV.
January 18th, 2008 at 1:58 pmComment by JMOHR
and you wonder why people tag you as a Nazi……
Comment by Fred — January 18, 2008 @ 1:29 pm
JMOHR is noted for his sarcasm Fred.
January 18th, 2008 at 2:03 pmWe have to vote out the Democrats in Congress, and get the Republicans back in charge. Look at this!
How has Congress done during the Bush years? Looks like Democrats are bad for the stock market and bad for the economy.
2001-2003 House of Representatives (D) and Senate (D)*
SP500 1/2/2001: 1320 SP500 1/2/2003: 879
Difference: -33.4%
2003-2007 House of Representatives (R) and Senate (R)
SP500 1/2/2003: 879 SP500 1/3/2007: 1418
Difference: 61.3%
2007-Now House of Representatives (D) and Senate (D)
SP500 1/3/2007: 1418 SP500 1/18/2008: 1333
Difference: -5.9%
107th House of Representatives: Hastert (R) 2001-2003
108th House of Representatives: Hastert (R) 2003-2005
109th House of Representatives: Hastert (R) 2005-2007
110th House of Representatives: Pelosi (D) 2007-present
107th Senate Majority Leader: Daschle (D) 1/3/2001-1/20/2001
Lott (R) 1/20/2001-6/6/2001
Daschle (D) 6/6/2001-1/3/2003
108th Senate Majority Leader: Frist (R) 2003-2005
109th Senate Majority Leader: Frist (R) 2005-2007
110th Senate Majority Leader: Reid (D) 2007-present
*Republicans had the Senate for 5+ months in 2001, splitting the Congress.
January 18th, 2008 at 2:06 pm““I’ve got mine; the rest of you can fukc off.â€â€
Damn straight. Nothing wrong with that.
Comment by Frank M
That’s a true sign of compassionate conservatism right there.
Comment by bobcat_grad
Yes, he is conserving his compassion. That's why you never see it.
January 18th, 2008 at 2:07 pmJMOHR is noted for his sarcasm Fred.
Comment by Shayne
see 74
January 18th, 2008 at 2:07 pmI'm fairly new here so he slipped up on me.....most folks us /sarcasm tags. I was just so offended by the content that I reacted...
Correction: From 2001-2003, the congress was split...
We obviously need a Republican majority. A Democrat or split Congress is bad for the economy and stock market.
January 18th, 2008 at 2:08 pmHey, it's ok fred, once in a while I get gotcha'd too!
January 18th, 2008 at 2:10 pmObviously all of Franks money is in his mattress because everybody who has money invested in IRAs or mutual funds can see themselves losing money. And everytime interest rates go down the elderly who have a lot of money in CDs have less income. Even the wealthy have to be losing money in the stock market or at least aren't making mony. And since so many of the wealthy get most of their money from unearned income they won't NEED tax breaks because there ISN'T going to be any unearned income.
January 18th, 2008 at 2:10 pmCorrection: outlaw the republican party
January 18th, 2008 at 2:10 pmComment by muckdog
We obviously need a Republican majority. A Democrat or split Congress is bad for the economy and stock market.
Comment by muckdog — January 18, 2008 @ 2:08 pm
Hey muckdog you really have your finger on the pulse of ... well nothing. What we really need is more Republicans, like Custer needed one more Indian.
January 18th, 2008 at 2:12 pmWe obviously need a Republican majority. A Democrat or split Congress is bad for the economy and stock market.
Comment by muckdog
January 18th, 2008 at 2:13 pmWe obviously need a Republican majority. A Democrat or split Congress is bad for the economy and stock market.
Comment by muckdog
You mean like the Republican majority which put us in a $9 trillion hole?
January 18th, 2008 at 2:14 pmCorrection: From 2001-2003, the congress was split…
We obviously need a Republican majority. A Democrat or split Congress is bad for the economy and stock market.
Comment by muckdog — January 18, 2008 @ 2:08 pm
BWAHAHAHAHAHAHAHAHAHA!
The Recession of 2001 began in March. Republicans held control of both houses at that time. Democrats didn't take control of the Senate until June of 2001 when Jeffords switched from R to I.
Try again.
January 18th, 2008 at 2:23 pmI’m fairly new here so he slipped up on me…..most folks us /sarcasm tags. I was just so offended by the content that I reacted…
Comment by Fred — January 18, 2008 @ 2:07 pm
Everybody has been bit by JMOHR once Fred, sorry I didn't see your post before I wrote mine. The reason everybody tells you about JMOHR is because we've all been there. Your posts are great, keep up the good work.
January 18th, 2008 at 2:25 pmThank you everyone for ignoring the muckydog. Not worth your time to even try to reason with people like him. Same goes for Frank. You will notice that he split after a couple of posts. He does that, when he starts getting challenged, he cuts and runs. He has done what he came here to do, ruffle feathers and shit on the floor. How about we ignore him too the next time he rears his ugly head?
January 18th, 2008 at 2:27 pmBush is trying to head off a recession by creating inflation. Everything this idiot has touched in the last 30 years has turned to crap.
January 18th, 2008 at 2:38 pmmuckdog and republicans lecturing on economics is like Brittany's mom trying to publish a book on parenting!! HYSTERICAL!!! ROTFL!!!
January 18th, 2008 at 2:43 pm1,500 point drop since Dec 7th.
January 18th, 2008 at 2:46 pmI’m fairly new here so he slipped up on me…..most folks us /sarcasm tags. I was just so offended by the content that I reacted…
Comment by Fred — January 18, 2008 @ 2:07 pm
Join the club, Fred. I fell for one of his rants, too. He did a whole post that sounded like it came from somebody like Darryl -- one that advocated theocracy in a very big way. I gave him way too big a piece of my mind before I realized I'd been had.
But now that you know, I know you'll appreciate his carefully crafted snarks as much as the rest of us do.
January 18th, 2008 at 2:48 pmHey muckdog you really have your finger on the pulse of … well nothing. What we really need is more Republicans, like Custer needed one more Indian.
Comment by Shayne — January 18, 2008 @ 2:12 pm
That's not exactly true. If he's squeezing his pepper tight enough while nutting on that autographed picture of Rush Limbaugh he keeps bedside, he's probably feeling his own throbbing pulse. Doubt he's paying attention, though. Then agian,what else is new.
Thanks, I'm here all week, tip your wait staff.
January 18th, 2008 at 2:49 pmBush screwed it all up. and they’re too damned STUPID to fix it, or even admit theres a problem.
Comment by BARTLEBEE — January 18, 2008 @ 2:41 pm
I know Bart every day I see my retirement funds losing money. And people don't have money to spend at our business it the slowest it's ever been in 11 years. And our health insurance costs skyrocketed and all our vendors have attached fuel fees to deliveries. We'll be going out of business at this right and our employees will be out of jobs and health insurance at the same time.
January 18th, 2008 at 2:50 pmAnybody notice that there have been no further comments by Frank M on this topic?
Fred, I will consider adding a snark tag to my future posts.
January 18th, 2008 at 3:21 pm"I don’t know about phenomenal, but I certainly haven’t had any problems. Comment by Frank M"
The moral philosophy of a cockroach.
January 18th, 2008 at 3:54 pmRepublicans like muckdog ALWAYS say it's the congress that's responsible for economic growth - until they try to explain Ronnie RayGun - and/or ignore the RECESSIONS and POOR RECOVERIES that seem to happen under Republican Congresses - at which point they CONTRADICT THEMSELVES as usual! ;)
January 18th, 2008 at 3:55 pm1,500 point drop since Dec 7th.
Comment by hellinabucket — January 18, 2008 @ 2:46 pm
Impeach Pelosi and Reid.
January 18th, 2008 at 4:10 pmTo: Morondog
From: Anybody that understands causative versus correlational relationships
Correlation does not equal causation.
Thanks you.
January 18th, 2008 at 4:20 pmYet further Republinazism where the rich white elite are living in a fantasy world while REAL American citizens are going hungry, licing in the streets, fighting hard to hold on to their decaying houses.
Republicanism is basically treason.
January 18th, 2008 at 4:22 pmI know Bart every day I see my retirement funds losing money. And people don’t have money to spend at our business it the slowest it’s ever been in 11 years.
Comment by Shayne — January 18, 2008 @ 2:50 pm
Its crazy! Everything we worked all our lives for is just going away.
Bart and Shayne, I here you! My wife and I have done very well since 2002 and in the last couple of years we are actually saving money. BUT where the hell do you put it!?!?! We can't afford a "money manager" that knows what to do as these people only do you good if you have LOTS of money.
These money managers at banks and investment institutions are in it to make money for themselves so unless you have a million or more they aren't going to give you the time of day but they will take your 2 grand so they can get an easy 100 bucks in fees for a year! It's a bloody racket is what it is.
Meanwhile, if you have something invested already, then do you pull it out? If so, where do you put it? I'll just keep buying lotto ticket every now and then.
January 18th, 2008 at 4:23 pmsuckdog doing his best to prove is irrelevance and ignorance.
too late, we already knew.
January 18th, 2008 at 4:36 pmBartles, even foreclosures appear to be slow to be bought up.
January 18th, 2008 at 4:37 pmOur neighbor passed away in Sept, the bank has had her house up on the market for three months, and we've not seen anyone even looking at it. In fact, the wind blew the for sale sign down nearly three weeks ago and it's still down. The realtor doesn't even come by!!!
To: Morondog
From: Anybody that understands causative versus correlational relationships
Correlation does not equal causation.
Thanks you.
Comment by Lupeyg2 — January 18, 2008 @ 4:20 pm
Cut him a break this is by far the hardest concept to teach future scientists
January 18th, 2008 at 4:49 pmYeah that's right Sean, keep up the blather. Of course folks with no financial problems think the economy is great. Duh.
January 18th, 2008 at 4:52 pmdbasass - I should have started off with something easier and worked my way up to that.
January 18th, 2008 at 4:56 pmFred, I will consider adding a snark tag to my future posts.
Comment by JMOHR
No problem either way.....it was hilarious when I re-read everything......I'll have to learn anyway who everyone is if I'm going to open my big mouth.
January 18th, 2008 at 5:18 pm#113: Correlation does not equal causation.
Thanks for going on record that the economy doesn't do better with a Democrat President.
January 18th, 2008 at 6:37 pm#113: Correlation does not equal causation.
Thanks for going on record that the economy doesn’t do better with a Democrat President.
Comment by muckdog
thanks for going on record as being irrelivant
January 18th, 2008 at 6:54 pm#113: Correlation does not equal causation.
Thanks for going on record that the economy doesn’t do better with a Democrat President.
Comment by muckdog — January 18, 2008 @ 6:37 pm
ROTFL!!! HYSTERICAL!!! The RECORD shows GDP GROWTH is almost TWICE AS HIGH under DEMOCRATIC PRESIDENTS as REPUBLICAN ONES! That's the RECORD! Your post is just LUNATIC HYSTERIA not BASED IN FACTS!! ROTFL!!
January 18th, 2008 at 7:33 pm1,500 point drop since Dec 7th.
Comment by hellinabucket — January 18, 2008 @ 2:46 pm
Impeach Pelosi and Reid.
Comment by muckdog — January 18, 2008 @ 4:10 pm
So by YOUR DEFINITION we should have IMPEACHED THE REPUBLICANS after the WORST DEPRESSION SINCE the GREAT DEPRESSION that happened under BUSH'S FIRST TERM? ROTFL, you're STUPID!
January 18th, 2008 at 7:34 pm1,500 point drop since Dec 7th.
Comment by hellinabucket — January 18, 2008 @ 2:46 pm
Impeach Pelosi and Reid.
Comment by muckdog — January 18, 2008 @ 4:10 pm
Average stock market growth - 1927-2000
under Democratic presidents 13.4 % (Dow)
under Republican presidents 8.1 % (Dow)
Annual stock market return: (1900) 1927 - 2000
Democratic Senate
10.5 % (S&P 500)
Democratic House
10.9 % (S&P 500)
Republican Senate
9.4 % (S&P 500)
Republican House
8.1 % (S&P 500)
Annual stock market return: (1900) 1927 - 2000
Democratic President
12.3 % (S&P 500)
Republican President
8.0 % (S&P 500)
Annual stock market return: 1927 (through) 1998
Democratic President - ~ 11%
(value weighted CRSP index minus 3 month Treasury Bill)
~ 2% (value weighted CRSP index minus 3 month Treasury Bill)
Increase in National Debt: 1962-2001
Total debt increased by Democratic Presidents
$0.72 trillion (20 years)
Total debt increased by Republican Presidents
$3.8 trillion (20 years)
Yearly budget deficit: 1962-2001
$36 billion -Democratic Presidents
$190 billion -Republican Presidents
Non-defense Federal Government Employees: 1962-2001
Rose by 59,000 under Democratic Presidents (16 % of total rise
over 40 years)
Rose by 310,000 under Republican Presidents (84% of total rise
over 40 years)
Percentage growth in Non-Defense Federal Spending: 1962-2001
8.34 % under Democratic Presidents
10.08 % under Republican Presidents
Percentage growth in Total Federal Spending: 1962-2001
6.96 % under Democratic Presidents
7.57 % under Republican Presidents
GDP growth: 1930-2000
5.4% under Democratic Presidents
1.6 % under Republican Presidents
Inflation: 1948-2001
Under Democratic Presidents
3-yr lag: 3.33 %
4-yr lag: 3.07 %
5-yr lag: 3.20 %
Under Republican Presidents
3-yr lag: 4.36 %
4-yr lag: 4.60 %
5-yr lag: 4.48 %
Unemployment: 1947-2001
4.8 % under Democratic Presidents
6.3 % under Republican Presidents
Employment gains per year: 1953-2001
1.684 million/year under Democratic Presidents
1.279 million/year under Republican Presidents
Democratic Presidents and Congresses are BETTER at the economy, no matter HOW the data is sliced! Poor little muckdog, DEFEATED by FACTS and REALITY ONCE AGAIN! IMPEACH CHENEY/BUSH - The Time for Incompetent Republican Rule is OVER!
January 18th, 2008 at 7:48 pmHannity didn't hear his Dear (mis)Leader say earlier today that the US economy needs a "shot in the arm".
One more evidence Hannity is not in the business of spreading news, but propaganda and misinformation. Just like the rest of Fox "News".
January 19th, 2008 at 12:08 amThe coming "Bush Recession." Me rikey. Gotta nice ring to it.
January 19th, 2008 at 2:33 amTHE BUSH RECESSION
THE BUSH RECESSION
THE BUSH RECESSION
THE BUSH RECESSION
THE BUSH RECESSION
What's that "19 Days" on the screen grab? Nineteen days until Glenn Beck's hemmoroid heals and no longer oozes pus? That's my guess. Get well, Lil' Becky. Stop the pus!
January 19th, 2008 at 2:50 amYes, Hannity is wrong about the "phenomenal" economy. However, John F. Kennedy slashed marginal tax rates from 90 to 70%. Perhaps you all will disavow JFK, but I think we shouldn't be so fast to reject the power of increased savings and investment by the wealthiest to boost the entire economy. Just a thought.
January 19th, 2008 at 4:15 am125 Just a thought.
Comment by thirdparty
hoover cause the greatest depression in the 20th century. maybe youz guyz would like to disavow him.....just a thought. Oh, the difference is that what I said was true.....
January 19th, 2008 at 8:38 amFred, it's true that Hoover's general inaction exacerbated things. And when he acted, via tariff hikes, he acted like a modern liberal (and the reverse of a classical liberal).
January 20th, 2008 at 11:54 amLess than a week later the headlines read, World Markets Crash and yet somehow that tool still has a job and somehow people will still listen to the nonsense he spews. Now that's phenomenal.
January 22nd, 2008 at 2:22 pm