Newt is considering running

Mott the Hoople said:
Yea right, coming from a guy who would have picked peanuts out of Bush's poop.

Give me a break. Obama hasn't even come remotely fucking close to being that level of a fuck up that W was. Hell he's spent most of his first two years having to dig us out of the deep dark hole that are W's fuck ups. Not even Jimmy Carter come close to W in the fuck up department. The only US President that can even be compared to W in the fuck up department is Warren G. Harding. Those two stand apart in their shining example of commitment to utter incompetence.
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LMAO.... Granted, Bush had Iraq (which he fucked up for the first 5 years) and Katrina, as for the financial mess... do tell us which BUSH policies led us into it. Then look back and remind yourself who it was that removed Glass Steagall. Who had control of the budget in Congress starting in January of 2007? Who ALL championed the 'more home owners than ever'?

Side note.... If the TARP money has been predominantly re-paid .... where the fuck did that money GO?
 
Superfreak said:
LMAO.... Granted, Bush had Iraq (which he fucked up for the first 5 years) and Katrina, as for the financial mess... do tell us which BUSH policies led us into it. Then look back and remind yourself who it was that removed Glass Steagall. Who had control of the budget in Congress starting in January of 2007? Who ALL championed the 'more home owners than ever'?

Side note.... If the TARP money has been predominantly re-paid .... where the fuck did that money GO?
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I know you're a Glass Steagall nut, and I don't disagree with that factor, but you're a little too quick to absolve Bush of responsibility for a massive economic collapse that occurred on his watch, at the end of his SECOND term.

Since 2001, I have argued that Bush had no fiscal policy whatsoever. "Cut taxes" - while a worthy start - is NOT an economic "plan."

Like it or not, he was at the helm. He bears some of the weight of what happened. Economic downturns like the one we experienced can be many years in the making, but no sitting President gets a pass because Barney Frank was "calling the shots."
 
Onceler said:
I disagree. As for your point of view, it comes from being an extreme partisan, who is oblivious to the fact that the fundamentals of the economy have improved since January, 2009. This is a plain economic fact; there really is no disputing it on any kind of rational level.
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How ironic, you calling PMP an extreme partisan. Then you go on to claim the economy has improved yet can't provide facts to back up your partisan faith in The Obama. :)
 
Mott the Hoople said:
Now that's a hoot. He's another character that if Republicans would be stupid enough to nominate would guarantee an Obama re-election even if Obama turns into a George W Bush level of a fuck up. LOL
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So you're saying he's like a more charismatic John Kerry?
 
Southern Man said:
How ironic, you calling PMP an extreme partisan. Then you go on to claim the economy has improved yet can't provide facts to back up your partisan faith in The Obama. :)
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"Facts"? To back up the fact that the economy right now is on an upswing, as opposed to the beginning of 2009?

Really?

Better earnings, better home sales, higher consumer confidence, manufacturing up, productivity up, new construction starts up, more hiring, stock market improving, etc.

Am I saying the economy is gangbusters? No. Am I saying it's better than January, 2009? No doubt about it.
 
Onceler said:
"Facts"? To back up the fact that the economy right now is on an upswing, as opposed to the beginning of 2009?

Really?

Better earnings, better home sales, higher consumer confidence, manufacturing up, productivity up, new construction starts up, more hiring, stock market improving, etc.

Am I saying the economy is gangbusters? No. Am I saying it's better than January, 2009? No doubt about it.
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Link?
 
Onceler said:
No reason to be insulting.

January, 2009: Economy tanking, badly.

July, 2010: Economy clearly on the rebound; IMF says no double-dip, and stock market back on its feet after much better than expected earnings reports.

'Nuff said. Things are better today than they were in January, 2009.
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While we are certainly better off today than in January 2009, I think you are way too optimistic. This economy is on the edge of the abyss. The stock market is going up on vapors and coming down on volume... that is NOT a good sign.

1) Small businesses are suffering with little access to credit.... and they are about to be inundated with more tax reporting bullshit that our wonderful idiots in DC just passed.

2) Consumers are suffering with a persistently high unemployment rate and thus those still employed are largely concerned about future employment and are pulling back on spending (hence the crappy retail numbers).

3) Lack of confidence in the leadership in DC is going to continue to slow the already anemic job growth and could see layoffs begin to escalate again (not talking about census jobs here)

4) Many state budgets are still a complete disaster.... and the worst are in two of the larger economies: CA (#1) and IL (#5). Toss in MI (#12) and the problems in south Florida (#4) and you have a recipe for potential disaster.

5) Don't trust the IMF... they are willing to say anything to try and instill confidence at this point. I don't blame them for this as they are running out of options (at least those that politicians are willing to use)

6) The earnings numbers have been decent, but forecasts have been weak. One looks backwards, the other forwards. Which do you think is going to be given more weight?
 
Damocles said:
So you're saying he's like a more charismatic John Kerry?
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Not really. First comparing Gingrich's personality to someone like Kerry who has the personality of an unsalted cracker isn't exactly raising the bar very high for charsima. Second losing to Obama wouldnt' be anywhere's near as bad as loosing to a President as atrociously bad as W or Nixon. I still feel bad for McGovern. How the fuck could you lose to Nixon?
 
Mott the Hoople said:
Not really. First comparing Gingrich's personality to someone like Kerry who has the personality of an unsalted cracker isn't exactly raising the bar very high for charsima. Second losing to Obama wouldnt' be anywhere's near as bad as loosing to a President as atrociously bad as W or Nixon. I still feel bad for McGovern. How the fuck could you lose to Nixon?
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I think you may be mistaken, that it may be more than equal by that point. Basically, it will be like Carter. A pack of wild hyenas eating babies would have beaten Ford, then after Ford was beat we got lucky and we got Reagan instead of the pile of whale poop that would have beaten Carter by the time his term was up.
 
Onceler said:
I know you're a Glass Steagall nut, and I don't disagree with that factor, but you're a little too quick to absolve Bush of responsibility for a massive economic collapse that occurred on his watch, at the end of his SECOND term.

Since 2001, I have argued that Bush had no fiscal policy whatsoever. "Cut taxes" - while a worthy start - is NOT an economic "plan."

Like it or not, he was at the helm. He bears some of the weight of what happened. Economic downturns like the one we experienced can be many years in the making, but no sitting President gets a pass because Barney Frank was "calling the shots."
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I don't disagree with the fact that he bears some responsibility. I think he bears a big chunk of it. But the constant painting of the financial mess as "Bush's fault" by people like Mott etc... is a joke.

and yes... I am a Glass Steagall nut... silly me... why would I want that policy back in place. I mean gee.... separating the retail banking from investment banking... why would anyone want that. :cool:
 
Superfreak said:
While we are certainly better off today than in January 2009, I think you are way too optimistic. This economy is on the edge of the abyss. The stock market is going up on vapors and coming down on volume... that is NOT a good sign.

1) Small businesses are suffering with little access to credit.... and they are about to be inundated with more tax reporting bullshit that our wonderful idiots in DC just passed.

2) Consumers are suffering with a persistently high unemployment rate and thus those still employed are largely concerned about future employment and are pulling back on spending (hence the crappy retail numbers).

3) Lack of confidence in the leadership in DC is going to continue to slow the already anemic job growth and could see layoffs begin to escalate again (not talking about census jobs here)

4) Many state budgets are still a complete disaster.... and the worst are in two of the larger economies: CA (#1) and IL (#5). Toss in MI (#12) and the problems in south Florida (#4) and you have a recipe for potential disaster.

5) Don't trust the IMF... they are willing to say anything to try and instill confidence at this point. I don't blame them for this as they are running out of options (at least those that politicians are willing to use)

6) The earnings numbers have been decent, but forecasts have been weak. One looks backwards, the other forwards. Which do you think is going to be given more weight?
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Honestly? The 1st line of your response is all I was saying. I agree with a lot of the rest of your post; we're not out of the woods.
 
Damocles said:
I think you may be mistaken, that it may be more than equal by that point. Basically, it will be like Carter. A pack of wild hyenas eating babies would have beaten Ford, then after Ford was beat we got lucky and we got Reagan instead of the pile of whale poop that would have beaten Carter by the time his term was up.
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The Carter to Reagan transition is the perfect example of why the GOP needs to carpe diem and nominate an extreme conservative. This is an excellent opportunity not simply to knock back the Democrap's last legislation but to surgically remove insidious Federal programs that have infringed on the Constitution since FDR.

I think it will be an opportunity to clean up the SCOTUS as well by starting with the impeachment of Sotomajor for lying about gun control during her Senate hearings.
 
Onceler said:
"Facts"? To back up the fact that the economy right now is on an upswing, as opposed to the beginning of 2009?

Really?

Better earnings, better home sales, higher consumer confidence, manufacturing up, productivity up, new construction starts up, more hiring, stock market improving, etc.

Am I saying the economy is gangbusters? No. Am I saying it's better than January, 2009? No doubt about it.
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note.... short, intermediate and long term technical indicators are all still negative for the US equity markets.

Consumer confidence is falling

Better earnings than 2009... yes... but also forecasting slower growth.

More hiring? LMAO... that is an exaggeration. It has been anemic at best and is looking like it is going to get worse before it gets better. WAY TOO MUCH uncertainty.
 
Dixie said:
Obama's already surpassed GWB level of fuck up. Where have you been, under a rock?
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Now thats funny!!!

How many Americans have been killed in action under President Obama due to a war of agression started with falty intelegence?

How many "worst recessions since the great depression" have started under President Obama's term?

How many people have lost there lives in New Orleans due to incompenance?
 
Onceler said:
No reason to be insulting.

January, 2009: Economy tanking, badly.

July, 2010: Economy clearly on the rebound; IMF says no double-dip, and stock market back on its feet after much better than expected earnings reports.

'Nuff said. Things are better today than they were in January, 2009.
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THIS!
 
Onceler said:
"Facts"? To back up the fact that the economy right now is on an upswing, as opposed to the beginning of 2009?

Really?

Better earnings, better home sales, higher consumer confidence, manufacturing up, productivity up, new construction starts up, more hiring, stock market improving, etc.

Am I saying the economy is gangbusters? No. Am I saying it's better than January, 2009? No doubt about it.
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I'll dispute that 7.6 isn't better than 9.5 unemployment. With that said, let's make your statements a 'given' though I don't think all those stand, but let's make it a 'give.'

People expect actions on what is wrong, not actions on issues they can put off. Obama & Co. aren't doing that. Their emphasis is on the wrong issues and when they look at the economy it's "Bad businesses, boo! Spend more! Tax the 'rich." It's not being well received.
 
Dixie said:
:lmao:

You've got to be kidding me! We've lost over 4 million jobs, unemployment is still at nearly 10%, with absolutely NO signs of decline ahead, as this administration continues it's war on business and corporate America! Not to mention, our taxes are about to skyrocket, and inflation is heading our way at breakneck speed. By this time next year, you'll get laughed off the board for that bit of idiocy, wait and see! ...I'm bookmarking it!
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You heard it here folks, if you have been around a while you know this means you should pour all your money into investments that depend on the economy's recovery.

Every one of DIx's predictions are 180 WRONG.
 
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