The problem is that old Johnny Mac never learned the lessons we as a nation learned from the failures that the Hoover Administration inflicted upon our banks, investments and businesses. As a result he has allowed himself to be bought, and paid for by the children and grandchildren of the same people who first drove America into our GREAT DEPRESSION of 1929.

When McSame says country first, he really means, our country is THE FIRST THING TO BE DESTROYED in the event of a grampy/vampy administration.

Vote Smarter America, Vote OBAMA!

here’s a clue.

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of course that’s reality.

and we all know what

conservatives think of reality.

#

Cheerleading? as if anyone could cheer our country going down the tank.
And what newspapers are you reading? I don’t have to have it spelled out for me by someone else because I am smart enough to figure out we’re in a recession by looking around me without the rose-colored glasses–and I don’t get my news from FOX. So save the newspaper headlines for the sheeple you’re trying to bs, I’m sure with that at the current rate we’re going it won’t be long before you will have them.

In this election it’s clear that Barack Obama has learned the lesson of 1992; he’s feeling voters’ pain around the clock. John McCain isn’t. Instead, he’s telling Americans that the economy isn’t as bad as they think. He needs to change that message – unless, like Senator Henry Clay, he’d rather be right than President.

Just one problem: There isn’t any recession. The latest figures show that we clearly were not in one as of midsummer, whether you use the rule-of-thumb definition – two consecutive quarters of GDP shrinkage – or the looser concept of a sustained and significant economic decline.

The economy shrank marginally (-0.2%) in the fourth quarter of 2007, but otherwise it’s been growing steadily for years. In the most recent quarter it grew at a vigorous 3.3%, fueled not by government stimulus checks but by a strong rise in net exports. The OECD has just raised its forecast of U.S. growth for the full year from 1.2% to 1.8% – not blistering, but still the fastest growth of all the G-7 countries.

http://finance.yahoo.com/banking-budgeting/article/105427/Uncomfortable-Answers-to-Questions-on-the-Economy

Is This a Recession?

Officially, no. The economy is not in recession until a panel at a private institution called the National Bureau of Economic Research says so. Unofficially, many economists think a recession started six or seven months ago, even as the economy has continued to expand — albeit at a tepid pace.

The unemployment rate still remains low by historical standards, at 5.5 percent. And so far, the job losses — about 65,000 a month this year — do not approach the magnitude of those seen in past downturns, particularly the twin recessions at the beginning of the 1980s, when the economy shed upward of 140,000 jobs a month and the unemployment rate exceeded 10 percent.

Here’s a clue: If/when we go into recession, it will be plastered on page one of all the major newspapers. That might happen, but it hasn’t happened yet. Despite the cheerleading.

Kind of like the housing bubble: The ones that got in early and got out early made a hefty profit. They ran all sorts of TV programs to convince others to get in. And the late comers are left holding the bag.

read this little gem in wapo.

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the deregulator is

now the regulator.

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this is going to take

some getting use to

for the trolls.

#

good luck.

$

backup…?

hmmm.

captain mantastic?

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backup Says:
The reality doesn’t seem to mirror the rhetoric.

loosen your bowtie, it’s cuttin off your air.

It’s a recession. It was predicted and predictable. Why are you trying to say it’s not? You quote one guy who is nobody. We quote multiple reputable sources and you still want to call ours “rhetoric”.

I call you’re statement misleading and ignorant. We have a problem and you can’t fix it if you can’t acknowledge that there is a problem. Even mccain has had to face this sad fact.

“metrics”.

that’s elitist…
_______

I know, joe. So when some poor schlub gets up and finds out his 401K is now worth $1.49, he’s gonna feel so much better if he can just blame “the metrics”…

The reality doesn’t seem to mirror the rhetoric.
__________

Try selling that gibberish to the folks who just lost their life savings when Lehman Bros imploded over the weekend, or Alan Greenspan, who called this the worst economy he’s ever seen. Or take a good look at the plunging stock markets all around the planet today.

Recession? Depression? How about “collapse of the banking system”?

Geez, don’t you ever get tired of embarrassing yourself?

From the looks of the smoking jacket/bow tie combo, apparently not.

Are you saying that because the old metric of recession aren’t meeting the progressives needs, we need to abandon them for metrics that do?

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talk to your boy about “metrics”.

in case your hearing is bad he called it a recession too.

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“metrics”.

that’s elitist for jobs.

#

is that you or

is that steve darden

we’re hearing from here?

+

check this reality out.

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keep trolling.

:)