Uh, 2012 - 4 = 2008 which is when the meltdown signalling the start of the 2nd worst economy in any living American's experience. That leaves plenty of doubt that it's intentional on the part of the Chief Executive freely elected in late 2008 but no doubt that you have been blaming him since. Do you dispute that your hero Paul Ryan voted for TARP and the GM bailout and even recently was quoted as saying that he would not have cut whatever billions he cut from Medicare in his plan vif Obama had not cut what he cut? Take heart, though, Netanyahu. That leader of that cuontry over there with that universal healthcare plan loves your boys Mitt and Paul!
The 2007–2012 global financial crisis, also known as the Global Financial Crisis and 2008 financial crisis, is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s.[1] It resulted in the threat of total collapse from large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market also suffered, resulting in evictions, foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of US dollars, and a downturn in economic activity leading to the 2008–2012 global recession and contributing to the European sovereign-debt crisis.[2][3] The active phase of the crisis, which manifested as a liquidity crisis, can be dated from August 7, 2007 when BNP Paribas terminated withdrawals from three hedge funds citing "a complete evaporation of liquidity".[4]
And then this regime passed a stimulus that ratcheted up deficits lvels to head-swimming levels. And then it impose on the masses Freedom-Hater-care, and then Dodd-Frank. Not to mention nixing the Keystone XL Pipeline. Not to mention denying US oil companies the opportunity to explore and drill in the outer continental shelf on both coasts. Not to mention the deliberate crippling of the coal industry. Attempts to deny that there is an ideological impetus behind all this look pretty dang flimsy.
That talk really alienates me from the bloggie and his ilk, but I understand it. Other than your moaning about energy, and since when are we not allowed to hold dissenting views from the corporate marauders who have historically been driven to suck the fluid out of just about everything on this formerly green earth with fluid in it, other than that, none of it is intentional and even that really is not, stupid maybe, tree hugging maybe, but not intentionally, but rather peripherally crippling.
This was all a quite Keynesian response to a critical crisis. If Americans do as they always have done, vote their pocketbooks, all you are doing is rubbing it in and misplacing blame and I, for one, the perceptive neo-independent see through it and call you on it. I contend that, as he followed Gates, the Bush Def Sec on the military, he followed Bernanke, the Bush appointee, on the governmental efforts to steer both the macro and the micro economies back on course.
I contend that he wanted to see as many Americans as possible dependent on government largesse as quickly as possible. I further contend that he likes these ever-ballooning deficits because they diminish America's stature on the world stage.
Uh, 2012 - 4 = 2008 which is when the meltdown signalling the start of the 2nd worst economy in any living American's experience. That leaves plenty of doubt that it's intentional on the part of the Chief Executive freely elected in late 2008 but no doubt that you have been blaming him since. Do you dispute that your hero Paul Ryan voted for TARP and the GM bailout and even recently was quoted as saying that he would not have cut whatever billions he cut from Medicare in his plan vif Obama had not cut what he cut? Take heart, though, Netanyahu. That leader of that cuontry over there with that universal healthcare plan loves your boys Mitt and Paul!
ReplyDeleteOh, so today's numbers are perfectly within the statistical norm over the life of our nation?
ReplyDeleteHey, thanks, you've really calmed me down. I thought we were looking at some grim news or something.
The 2007–2012 global financial crisis, also known as the Global Financial Crisis and 2008 financial crisis, is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s.[1] It resulted in the threat of total collapse from large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market also suffered, resulting in evictions, foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of US dollars, and a downturn in economic activity leading to the 2008–2012 global recession and contributing to the European sovereign-debt crisis.[2][3] The active phase of the crisis, which manifested as a liquidity crisis, can be dated from August 7, 2007 when BNP Paribas terminated withdrawals from three hedge funds citing "a complete evaporation of liquidity".[4]
ReplyDeleteFrom Wikipedia
And then this regime passed a stimulus that ratcheted up deficits lvels to head-swimming levels. And then it impose on the masses Freedom-Hater-care, and then Dodd-Frank. Not to mention nixing the Keystone XL Pipeline. Not to mention denying US oil companies the opportunity to explore and drill in the outer continental shelf on both coasts. Not to mention the deliberate crippling of the coal industry. Attempts to deny that there is an ideological impetus behind all this look pretty dang flimsy.
ReplyDeleteThat talk really alienates me from the bloggie and his ilk, but I understand it. Other than your moaning about energy, and since when are we not allowed to hold dissenting views from the corporate marauders who have historically been driven to suck the fluid out of just about everything on this formerly green earth with fluid in it, other than that, none of it is intentional and even that really is not, stupid maybe, tree hugging maybe, but not intentionally, but rather peripherally crippling.
ReplyDeleteThis was all a quite Keynesian response to a critical crisis. If Americans do as they always have done, vote their pocketbooks, all you are doing is rubbing it in and misplacing blame and I, for one, the perceptive neo-independent see through it and call you on it. I contend that, as he followed Gates, the Bush Def Sec on the military, he followed Bernanke, the Bush appointee, on the governmental efforts to steer both the macro and the micro economies back on course.
I contend that he wanted to see as many Americans as possible dependent on government largesse as quickly as possible. I further contend that he likes these ever-ballooning deficits because they diminish America's stature on the world stage.
ReplyDelete