Things Bush Can't Find

[Horn]

Originally posted by Drunky
Okay.  That is just plain stupid.

If you really believe that any president in office has a truly significant effect on the economy RIGHT NOW then you are pretty much asinine.  Never mind the other outside factors that the president can't control.

I suppose you also believe that Clinton was responsible for the great economy that Bush has "ruined"?  It doesn't have anything to do with the dot.com business and wall street?

lol--I dont believe anywhere I have laid the economic decline at  the President's feet. You said it, not me. It is, however, happening on his watch. Make of it what you will.

As a Republican, I am very disappointed with this administration's lack of focus in this area. The tardlet downthread that asks "What makes you think Denver is the economic indicator of the US" (or something to that effect) might want to do a little research on the HUD site--it hasn't been pretty this year in terms of foreclosures. Nationwide. Denver's numbers just happened to be in the paper last week.

h

[Ripsnort]

Horn,
I suggest you take a look at Economic recoveries in US history minus the Tech boom (which in itself was unique by all accounts).  

Not quite sure how "your point was made" however.  If anything, you choose to wear blinders because of who is in power.  The fact that the tax cuts have possibly attributed to the economic recovery (considering that 2/3's of our economy is Consumer spending) seems to have you on edge.

[Ripsnort]

Originally posted by Horn
The tardlet downthread that asks "What makes you think Denver is the economic indicator of the US"  

Originally posted by Toad
Oh, and call him names and stuff, too.  That'll help cower him and show your dominance.

 

Also, horn, check out historical unemployment figures vs. history house foreclosures during the same period and I think you'll find a direct correlation.

[Horn]

Originally posted by Holden McGroin
I suppose that if you were in an aircraft in a steep compression dive from thirty thousand feet, and you pulled out just five feet above the surface, you would still be terrified until you regained your original altitude...

...or suppose...that you make 50 grand a year and you are getting your annual raise based on those same numbers. How are you going to spend that whole $4.16 per month?

h

Actually it's $3.12 after tax

[Horn]

Originally posted by Ripsnort
Also, horn, check out historical unemployment figures vs. history house foreclosures during the same period and I think you'll find a direct correlation.

You're saying home foreclosures go up with unemployment rates? If so, well, DUH! Don't have any money because nobody is hiring=losing the mortgage.

If not, what are you saying?

h

[Horn]

Originally posted by Ripsnort
Horn,
I suggest you take a look at Economic recoveries in US history minus the Tech boom (which in itself was unique by all accounts).  

Not quite sure how "your point was made" however.  If anything, you choose to wear blinders because of who is in power.  The fact that the tax cuts have possibly attributed to the economic recovery (considering that 2/3's of our economy is Consumer spending) seems to have you on edge.

You are assuming that I am among the Bush haters. Ain't so. I voted for the guy and support (generally) the Party platform.

Note the language used in that report pasted above. Lots of "seems to be" and "positive indicators" and "our theory is" but no concrete evidence other than a blip in the Tech sector--and the possible positive effect of tax cuts is still with the jury.

THAT is my point that the report made.

h

[midnight Target]

Originally posted by banana
C'mon guys, stop picking on our president. He's a big step up from our last one. I mean, this guy doesn't get blowjobs while on the people's dime.

When are y'all going to stop nickpicking the guy's record, and instead concentrate on what's important....his sex life?

Brilliant.

[Ripsnort]

Some interesting stats to look at here:
http://www.census.gov/cgi-bin/briefroom/BriefRm

new home sales: UP +3.4 % in August.
( http://www.census.gov/briefrm/esbr/www/esbr051.html )

Home ownership rate up:
( http://www.census.gov/hhes/www/housing/hvs/hvsgraph.html )

Say Horn, can you provide me a link explaining those HUD foreclosures, I've searched their website and googled it but haven't found anything that you were referring to in Colorado.

[Udie]

Originally posted by banana
C'mon guys, stop picking on our president. He's a big step up from our last one. I mean, this guy doesn't get blowjobs while on the people's dime.

When are y'all going to stop nickpicking the guy's record, and instead concentrate on what's important....his sex life?

We'll leave that up to the LA Times

[_Schadenfreude_]

http://www.guardian.co.uk/michaelmoore/story/0,13947,1056922,00.html

It's Liberal, it's the Guardian, uptight right wingers you were warned...just move along and go and polish something or salute something.....

[Horn]

Originally posted by Ripsnort
Some interesting stats to look at here:
http://www.census.gov/cgi-bin/briefroom/BriefRm

new home sales: UP +3.4 % in August.

Oh come on--that's 3.4% over JULY. I like this site tho.

( http://www.census.gov/briefrm/esbr/www/esbr051.html )

Teeny increments.

Home ownership rate up:
( http://www.census.gov/hhes/www/housing/hvs/hvsgraph.html )

Again, look at the figures--improvements in TENTH of percents.

Say Horn, can you provide me a link explaining those HUD foreclosures, I've searched their website and googled it but haven't found anything that you were referring to in Colorado. [/B]

They are not HUD foreclosures. I said HOME foreclosures--but here is the link to the article I was referencing--Notice the grey graphic: Boulder and Douglas counties showing over 95% increases in foreclosures from last year. An anamoly? Don't think so.

http://www.denverpost.com/Stories/0,1413,36~33~1669748,00.html

h

[Holden McGroin]

Originally posted by Holden McGroin
I suppose that if you were in an aircraft in a steep compression dive from thirty thousand feet, and you pulled out just five feet above the surface, you would still be terrified until you regained your original altitude...

Originally posted by Horn
...or suppose...that you make 50 grand a year and you are getting your annual raise based on those same numbers. How are you going to spend that whole $4.16 per month?

h

Actually it's $3.12 after tax

So pulling out of the dive doesn't make any difference... hell... let it crash.

Or, you could look at the numbers and say that in order for things to get better, first they must stop getting worse.

Enough with the negative waves, Moriarity.

[Ripsnort]

Originally posted by Horn
As an example, Denver area has seen a 46% increase in homeowner foreclosures over last year. Really great.

h

Experts attribute the rise in foreclosures to a combination of job losses and lax credit standards that allowed people to stretch themselves too far.

"A lot of people leveraged themselves too much to get into these big, expensive houses," Boulder economist Steven Fisher said. "People plunged themselves too deeply into debt, then got laid off."

Can you please show me the connection between this administration and the fact that employers are laying off due to the decline in the tech sector, combined with mis-use of ones credit cards?

Thanks.

[Eagler]

the denver foreclosures are another result of the 90's bubble burst

as CA bit the biz ****, many companies moved into the denver area trying to save operation costs

[Horn]

Originally posted by Ripsnort
Can you please show me the connection between this administration and the fact that employers are laying off due to the decline in the tech sector, combined with mis-use of ones credit cards?

Thanks.

Um, no. Don't think anyone could. You might want to read that again--the term was "lax credit standards"--which loosely translated, means the bank loaned too much money therefore allowing the customer to be stretched to the limit payment wise. So when they got laid off, there was no recovery.

....and as to the tech sector, well that was 2001 news, wasn't it? As I pointed out, the gov't sector is laying off as is industry NOW.

.....as to the administration's "fault"--deficit spending, a very expensive war (with no end in sight), too much importation--all factors that contribute to the down turn. My disappointment in the administration stems from inattention to these issues--they would rather try to deflect our attention with a "Patriot" Act and a very poorly thought out conflict than address what concerns the American people.

As to crying doom and gloom--if one knows the nature of the problem, it can probably be fixed, yes? More attention needs to be paid or we'll have another Clinton in office. I will feel free to beetch about it until it improves.

Voices of dissent should be listened to, not criticized for a lack of "patriotism"--what hogwash.

h