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You are all being fleeced (Read 4012 times)
Garys_Girl
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Re: You are all being fleeced
Reply #25 - Jan 28th, 2009 at 7:46pm
 
Scare mongering, really?  

Let's see...

The Case-Shiller 20-city Index indicates housing prices are down 25% from their 2006 peak.  

Housing starts are at an annualized rate of 550,000 - the lowest since they began collecting the data in 1959.  

According to RealtyTrac, 2.3 million homes in the U.S. received foreclosure filings in 2008 - up 81% vs 2007.  That means that one in every 54 homes in the U.S. has received a foreclosure notice.

The number of homes foreclosed was 860,000 - more than the approx 640,000 homes built in the U.S. last year.

4.6 million people are receiving jobless benefits right now (vs 2.7 million this time last year).

Unemployment hit 7.2% (a 26-year high).  Underemployment is at 13.5% as of December.

We've already allocated $7.8 trillion in bailouts, guarantees, and stimulus packages:  Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to Login or Register

Internationally, the IMF is projecting that before this is all over $2.2 trillion of U.S.-origin assets will have to be written down.

So the $820 billion stimulus package?  It's a fart in the wind.

Laurie

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« Last Edit: Jan 28th, 2009 at 7:48pm by Garys_Girl »  

This is enough already
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Charlie
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Re: You are all being fleeced
Reply #26 - Jan 28th, 2009 at 10:33pm
 
Iffy, but don't HOPE that this thing flops.

In any case, it's great politics. The Republicans are screwed. If it works; they all voted against the thing. If it's a real dud.....Democrats and a shitload of Americans can rightly or wrongly blame the GOP for its being too little, too late.

They are stuck for some time. All they can do is be against stuff. That works with Republicans of course but it ain't a way to win back Congress.

Charlie
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Re: You are all being fleeced
Reply #27 - Jan 28th, 2009 at 10:35pm
 
House passes Obama economic stimulus plan


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Re: You are all being fleeced
Reply #28 - Jan 28th, 2009 at 10:49pm
 
Charlie wrote on Jan 28th, 2009 at 10:33pm:

In any case, it's great politics. The Republicans are screwed.


Why was Obama trying like all hell to get repubs to sign on?

He could have pushed it through no problem.

Hmmmmmmm! Cheesy
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monty
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Re: You are all being fleeced
Reply #29 - Jan 29th, 2009 at 10:09am
 
Charlie wrote on Jan 28th, 2009 at 10:33pm:
[size=12]Iffy, but don't HOPE that this thing flops.

In any case, it's great politics. The Republicans are screwed. ...


I thinks it good strategy by the Republicans. If it works, they wouldn't get credit anyway. If it doesn't work, they were opposed to it.  The economy is in such a state that even if it 'works' it won't be a quick, easy recovery.
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The outer boundary of what we currently believe is feasible is far short of what we actually must do.
 
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Artonio
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Re: You are all being fleeced
Reply #30 - Jan 29th, 2009 at 12:42pm
 
monty wrote on Jan 29th, 2009 at 10:09am:
Charlie wrote on Jan 28th, 2009 at 10:33pm:
[size=12]Iffy, but don't HOPE that this thing flops.

In any case, it's great politics. The Republicans are screwed. ...


I thinks it good strategy by the Republicans. If it works, they wouldn't get credit anyway. If it doesn't work, they were opposed to it.  The economy is in such a state that even if it 'works' it won't be a quick, easy recovery.


...and that is exactly what burns my ass about both sides of the aisle..... this is not the time to push politics...

... I only pray to God that someone paid attention to these words.

"However long we are keepers of the public trust we should never forget that we are here as public servants and public service is a privilege. It's not about advantaging yourself. It's not about advancing your friends or your corporate clients. It's not about advancing an ideological agenda or the special interests of any organization. Public service is, simply and absolutely, about advancing the interests of Americans."

Barack Obama

___________________________________

with warm regards,
Tony
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For in our hands lies the ability to shape our world for good or for ill. President Barack Obama
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Jonny
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Re: You are all being fleeced
Reply #31 - Jan 29th, 2009 at 6:04pm
 
There is no trillion dollar bill to put him on.....So....Here we go!

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LMAO  Grin
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Kirk
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Re: You are all being fleeced
Reply #32 - Jan 29th, 2009 at 6:08pm
 
    Tony, is that a bug? Or a feature?

Smiley
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Artonio
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Re: You are all being fleeced
Reply #33 - Jan 29th, 2009 at 6:11pm
 
Kirk wrote on Jan 29th, 2009 at 6:08pm:
   Tony, is that a bug? Or a feature?

Smiley



It's a characteristic...  Cool

with warm regards,
Tony
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For in our hands lies the ability to shape our world for good or for ill. President Barack Obama
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Jonny
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Re: You are all being fleeced
Reply #34 - Jan 29th, 2009 at 9:02pm
 
HELLO? Angry

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Paul98
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Re: You are all being fleeced
Reply #35 - Jan 29th, 2009 at 9:24pm
 
Quote:
Charlie wrote on Jan 28th, 2009 at 10:33pm:

In any case, it's great politics. The Republicans are screwed.


Why was Obama trying like all hell to get repubs to sign on?

He could have pushed it through no problem.

Hmmmmmmm! Cheesy


Because it was a bad bill and Obama knows this and he dosen't want all the $shit sticking only to Dems.

For the first time since I can remember the House Republicians closed ranks and voted in unison.

-P.
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Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to Login or Register Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to Login or Register[img name=signat_img_resize]http://thumb15.web
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Jonny
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Re: You are all being fleeced
Reply #36 - Jan 29th, 2009 at 9:32pm
 
Paul98 wrote on Jan 29th, 2009 at 9:24pm:
Quote:
Charlie wrote on Jan 28th, 2009 at 10:33pm:

In any case, it's great politics. The Republicans are screwed.


Why was Obama trying like all hell to get repubs to sign on?

He could have pushed it through no problem.

Hmmmmmmm! Cheesy


Because it was a bad bill and Obama knows this and he dosen't want all the $shit sticking only to Dems.

For the first time since I can remember the House Republicians closed ranks and voted in unison.

-P.


You are correct, Sir!!!! Smiley
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Charlie
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Re: You are all being fleeced
Reply #37 - Jan 29th, 2009 at 10:49pm
 
Everybody here sounds like Lou Dobbs.  Multimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to Login or Register

From what I read, this thing will have little effect in the short run which is what we need. In two years it make just a little sense. It's too late and way too small.

Charlie
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stevegeebe
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Re: You are all being fleeced
Reply #38 - Jan 31st, 2009 at 7:40am
 
You're traveling through another dimension---a dimension not only of sight and sound but of mind. A journey into a wondrous land whose boundaries are that of imagination. That's a signpost up ahead: your next stop: the Twilight Zone....and I do mean Twilight.

Hold on folks. It's going to be a long rough ride. Change indeed.

Steve G
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Charlie
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Re: You are all being fleeced
Reply #39 - Jan 31st, 2009 at 10:40am
 
I'm widju Steve  Cool

Charlie
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There is nothing more satisfying than being shot at without result---Winston Churchill
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