AMERICAblog: McCain economic adviser: quit complaining, the economy is great
sittenpretty
· 1 year ago
Bwahahahahaahaha another 1 year YALE UNIV wonderboy
KUDLOWS twin
sittenpretty
· 1 year ago
and smart guys give these MAROONS their money BWAHAHAHAHAHAhahahahahahahaah
SarainKC
· 1 year ago
it's moron- maroon is a color. Otherwise, rock on....
mirth
· 1 year ago
Actually...
Maroon: A term of derision often uttered by Bugs Bunny when referring to an interaction with a dopey adversary. It is a mispronunciation of the word "Moron" "What a Maroon!" "Will ya get a load of this maroon"
Wow, ya never know what you'll learn here! I stand corrected- I'm not up on my bugs bunny or urban lingo. My age is showing now so I will bow out quietly.... LOL
djonan
· 1 year ago
Wonder why it took Luskin 11 paragraphs to mention that he is an advisor to McCain? Shouldn't that have been part of the byline?
I've made it to the 2nd page of this swill and I can't believe the WA Post printed this trash. The same housing report also said that 1 in 416 American homes are in some stage of foreclosure. The debt market isn't bad because some other time in some other galaxy it was worse? Well if people suffered before me then I should surely suffer some more.
lilybart
· 1 year ago
REAPEATED FROM ABOVE WHERE I POSTED THIS FROM CONSUMER REPORTS:
The findings echo a report earlier this month from the Mortgage Bankers' Association (MBA), which found that incidents of foreclosure for the second quarter of 2007 were at their highest rates in the organization's 55-year history.
sukabi1
· 1 year ago
"the brink not of recession, but of accelerating prosperity."
and he's right you know.... prosperity for the asshats that have driven their companies into the ground... or who will get obscene bonuses for securing "bailout" money for their corporations... and Bush may be about to open the treasury doors and let the remaining moths out for his buddies to scrape up... you know "upper middle" income folks that make over $10,000,000.00 per year....
Savage8862
· 1 year ago
LIES AND MORE LIES...McCain = LIAR
sittenpretty
· 1 year ago
RUT ROHHHHHHHHHHHHHHHHHHHHH!!!
Greenspan: This Is The Worst Economy I've Ever Seen
Rab
· 1 year ago
How many of those losing their homes voted for the Shrub? Anytime I hear people bitch about things its the first question I have, Did you vote for the chimp? If you did, then you brought this shit onto yourself. Sheep have to think for themselves but people can point it out to them and rub their noses in it just so it sinks in. Maybe when they go to vote, if they bother to, they may vote against the the assholes who want to harm them......maybe.
An_American_Karol
· 1 year ago
How do you argue with someone who admits to voting for Bush the last two elections and is supporting McCain now? I want to remind them of their own lack of judgment. What, they're smarter now? lol
LuZenMyMnd
· 1 year ago
Rab...I agree w/you to a point.
Because most of the disenfranchised people today voted democratic. The elites jumping out the woodwork like roaches for Palin now, are the one's who weren't hurt then....and probably won't be hurt in the future, if God forbid, Palin/McCain win the ticket..
grandma
· 1 year ago
David Gergen, Senior Analyst, on CNN Friday called Palin's answers to Gibson on the economic front 'incoherent'
devlzadvocate
· 1 year ago
Yeah, but he excused her Bush Doctrine non-answer, which was disappointing. I respect Gergen's analysis.
High Crimes & Misdemeanors
· 1 year ago
ahhhhh folks, lets not give gergen any cudos whatsoever. He is a member of the elite. He is a neocon wrapped in sheep's clothing. He is an apologist for the right wing. Yes he plays on both sides of the team - bi-political - (political expediency knows no bounds) as it may, but he is no friend of the left or progressive thought. He is a puppet of the oligarchy.
devlzadvocate
· 1 year ago
the left is not an oligarchy? puhleese! or part of the oligarchy?
High Crimes & Misdemeanors
· 1 year ago
oligarchy - power in the hands of a few. so, NO.
devlzadvocate
· 1 year ago
Oh, I know the definition of oligarchy, I think we just have different thoughts about who the left is represented by in this country.
best line: "The national media loves to say that Sarah Palin enjoys an "80% popularity rating" in Alaska. Do the math on todays rally, and you'd need a faith-based calculator to get 80%."
SarainKC
· 1 year ago
Actually I heard Sarah's approval ratings have been dropping steadily since the Troopgate exposure. Wooten is a very popular figure there and people hate that he was unfairly targeted. She was barely hanging on to 60% a couple weeks ago and it was dropping fast. Would love to know where it is today.
aquarius2
· 1 year ago
Thank you for that link, it made my day! I loved the signs those women thought up. I mean, really, McCain/Palin UNABLE and UNSTABLE are outstanding. We should follow the example of the Alaskan women and protest Palin and each and every stop.
tlsintx
· 1 year ago
OT but since i just read McCain is trying to nip this in the bud, i'd like to spread it around...
Republican economists are beginning to put me in mind of the old-fashioned, cold war Soviet economists. Their pronouncements were inevitably upbeat and the connection between what they announced and what was happening wasn't explained. Most commonly, they denied that what was happening was happening for real. Then they redefined real, saying "true reality" is a theoretical construct. Apparently the facts were in error. I should rephrase: the facts are in error because, I suspect, the Soviet economic analysts are back at work, this time for the Republicans.
Indigo
· 1 year ago
In other words: They're not lying, they're constructing an alternate realilty.
devlzadvocate
· 1 year ago
Back in 2004 during the Kerry/Edwards campaign (remember that guy, Edwards?) a repub. operative did an interview (TIME, Newsweek?) in which he said that is EXACTLY what the repubs would do. EVERYTIME they were attacked, they would CREATE A NEW REALITY and that would become there MO. Guess they are keeping their word.
mikecoatl
· 1 year ago
"old-fashioned, cold war Soviet economists"
We all know what happened there, don't we?
devlzadvocate
· 1 year ago
Greenspan on This Week with GS was interesting more for what he didn't say than what he did say (although we had part of the broadcast pre-empted for flood warnings - Ike moving thru). The gist of his comment to me was that there is going to be a whole lot more crap coming down the pipe in the (very) near future and it is going to take a long time to work this out. Don't look for relief in prices or inflation. Look for the fed to stop bailing out these large financial firms because they can't keep doing it.
One of the question then is, "What does that bring?"
sukabi1
· 1 year ago
teh big D that no one wants to talk about.
devlzadvocate
· 1 year ago
I knew it when I asked the question! Kind of sad. We all know it. It is like a train coming at us and we are all standing there with our eyes closed, but we do have our cell phones to our ear!
jansteph
· 1 year ago
These people must live in a bubble somewhere. Every time I drive down the streets of my town I see more and more empty houses, many worth well over a million dollars. I volunteer with the Citizens onPatrol, so we are out on the streets a lot patrolling every area of town, from the less affluent to the wealthier neighborhoods. Empty houses plague every level of society, more and more people are picking up and abandoning their houses, pets, trash, and even furniture that they have nowhere to take. How many are now homeless? Who knows, I am sure some have doubled up with relatives, but they are still homeless. We see more and more people who are at home during what would be normal working hours, are these folks unemployed, underemployed, or do they all work nights. I tend to believe a lot of them are either unemployed or underemployed. They are all much too young to be retired! The republicans are all nuts thinking the economy is good, pshaw!!!
benb
· 1 year ago
I'm gritting my teeth right now listening to Nancy Pfotenhauer, a senior economic advisor (and self-described "retired" lobbyist) to McCain yakking on CNN that McCain is going to balance the budget by "bringing in a period of economic expansion [like the 80s and 90s]".
However, I'm more concerned about what McCain's GOP has been doing this decade.
According to the nonpartisan research organization and policy institute, the Center on Budget and Policy Priorities:
"The evidence on the 2001-2007 expansion provides no support for the claim that the tax cuts generated especially robust economic growth. Rather, examination of a broad range of key economic indicators indicates that the economic expansion that began in 2001 was, on balance, weaker than average. In fact, with respect to GDP, consumption, investment, wage and salary, and employment growth, the 2001-2007 expansion was either the weakest or among the weakest since World War II."
The upshot is McCain will, in continuing Bush's tax cuts and economic policies, drive this country further into debt.
rja4429
· 1 year ago
GWB is hoping the Big D won't happen on his watch -- if indeed he even cares to think about it. He's counting on McDaze finishing the job on his watch. George may well yet earn the legacy of having brought on the Big D because the economy is going down the tubes like a house afire, and we've got nearly 5 months of him left to finish the job. I have no debt and have been retired for 18 years, yet suddenly am wondering if the local Mickey D is hiring.
devlzadvocate
· 1 year ago
Occasionally, I have a terrifying thought that Bush and his republican cronies have so damaged our economy that any policy from any politician is just "window dressing". That no matter who is elected, try as hard as they may, the American public is going to be left with a huge bag of shit that will make the Great Depression look like a garden party. The difference will be who do you best to have you reserve your chair on the deck of the ship as it sinks. You try to be think positively, but your mind just can't help but go there.
lilyannerose
· 1 year ago
It looks like it could get bumpier this week, Barclay's just pulled out of the Lehman buy. Anyone willing to lay out the odds that we're going to be footing the bill on yet another bail out?
Let me hear it one more time, that song about business regulating itself?
lilybart
· 1 year ago
FROM CONSUMER AFFAIRS: The findings echo a report earlier this month from the Mortgage Bankers' Association (MBA), which found that incidents of foreclosure for the second quarter of 2007 were at their highest rates in the organization's 55-year history.
Luskin is lying, surprise,
Asterix
· 1 year ago
Does anyone really expect either party to be able to make a dent in this mess we call an economy? WIth a $500B+ budget shortfall for this fiscal year, not counting the cost of the stupid bailouts and what amounts to $10T in national debt, there's no savior for the poor US economy. It doesn't help that the Obama team is using pretty much the same Chicago School arguments.
Somewhere along the line, we got the idea of shuffling paper around and placing bets was just as effective in creating wealth as actually making things and selling them. Look at any of the big banks and consider their liabilities as counterparties in derivatives trades--they're poison, but if they go bust, the fallout from this garbage paper will bring the financial house down. Bailouts thus become necessary, while the guys who made piles dealing in this junk enjoy ill-gotten booty.
All Comments
another 1 year YALE UNIV wonderboy
KUDLOWS twin
BWAHAHAHAHAHAhahahahahahahaah
Maroon:
A term of derision often uttered by Bugs Bunny when referring to an interaction with a dopey adversary. It is a mispronunciation of the word "Moron"
"What a Maroon!" "Will ya get a load of this maroon"
http://www.urbandictionary.com/define.php?term=...
Karl Rove Killed John Lennon:
http://www.thesun.co.uk/sol/homepage/news/artic...
The findings echo a report earlier this month from the Mortgage Bankers' Association (MBA), which found that incidents of foreclosure for the second quarter of 2007 were at their highest rates in the organization's 55-year history.
and he's right you know.... prosperity for the asshats that have driven their companies into the ground... or who will get obscene bonuses for securing "bailout" money for their corporations... and Bush may be about to open the treasury doors and let the remaining moths out for his buddies to scrape up... you know "upper middle" income folks that make over $10,000,000.00 per year....
Greenspan: This Is The Worst Economy I've Ever Seen
Because most of the disenfranchised people today voted democratic. The elites jumping out the woodwork like roaches for Palin now, are the one's who weren't hurt then....and probably won't be hurt in the future, if God forbid, Palin/McCain win the ticket..
or part of the oligarchy?
http://www.dailykos.com/story/2008/9/14/103042/...
best line:
"The national media loves to say that Sarah Palin enjoys an "80% popularity rating" in Alaska. Do the math on todays rally, and you'd need a faith-based calculator to get 80%."
here's one of the books Palin didn't want in the library, even though she hadn't read it:
http://www.huffingtonpost.com/2008/09/13/author...
We all know what happened there, don't we?
One of the question then is, "What does that bring?"
However, I'm more concerned about what McCain's GOP has been doing this decade.
According to the nonpartisan research organization and policy institute, the Center on Budget and Policy Priorities:
"The evidence on the 2001-2007 expansion provides no support for the claim that the tax cuts generated especially robust economic growth. Rather, examination of a broad range of key economic indicators indicates that the economic expansion that began in 2001 was, on balance, weaker than average. In fact, with respect to GDP, consumption, investment, wage and salary, and employment growth, the 2001-2007 expansion was either the weakest or among the weakest since World War II."
from: http://www.cbpp.org/8-9-05bud.htm
The upshot is McCain will, in continuing Bush's tax cuts and economic policies, drive this country further into debt.
Let me hear it one more time, that song about business regulating itself?
Luskin is lying, surprise,
Somewhere along the line, we got the idea of shuffling paper around and placing bets was just as effective in creating wealth as actually making things and selling them. Look at any of the big banks and consider their liabilities as counterparties in derivatives trades--they're poison, but if they go bust, the fallout from this garbage paper will bring the financial house down. Bailouts thus become necessary, while the guys who made piles dealing in this junk enjoy ill-gotten booty.
We're hosed, folks. Nobody's got a magic bullet.