Steve Jobs told Obama "you got one term only"
by James Denison - 4/5/12 1:48 AM
Soon we'll know if he was right. I remember Josh being all upset when Jobs said that a couple years ago. I'd almost forgotten it till just now.
by: James Denison April 5, 2012 1:48 AM PDT
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In reference to what?
I don't get the grocery comment. I do check the grocery list from the store sometimes. I'm still amazed how Greenspan claimed there was little to no inflation. He must have been shopping elsewhere than we were.
I was responding to Josh,
A couple of my posts have once again jumped to incorrect spots for some reason. Sorryyyyy Same thing happened in this thread with my post of "He'll have a lot of trouble".....that was again posted to Josh.
I just checked. The annual inflation rate for 2011 averaged out to 3.16%. The rate for 2008 (Bush's last year in office) was 3.85%.
With the exception of the last two years of Carter's presidency and one year of Nixon's, inflation rates have been pretty consistent over the last 40 years or so.
I'm sure the price of milk is still all Obama's fault in your eyes though.
don't reflect utilities and food.....and both are through the roof .... and Bush's last year in office saw a massive decline in the prices of both of those.
That sudden drop in prices.....
......coincided with the drop in fuel prices, which coincided with the complete and total hosing of the economy during his administration.
You want a repeat of that?
Many things affect food prices, including crops destroyed by bad weather, etc. I suppose Obama is to blame for that too.
And the drop in fuel prices
during Bush's last year in office was due to the fact that he opened up drilling in Alaska, both oceans coasts and the Gulf......which BO has closed and he is single-handedly responsible for.
You can keep pushing that myth....
....but that doesn't make it true. Gas prices dropped worldwide because the world economy virtually collapsed, greatly reducing demand.
Fact is we're producing more oil and gas domestically now than we were when Bush left office, but I know that facts just annoy you when they conflict with your anti-Obama agenda so I'll stop now.
Prices go up you complain?
Prices go down you complain?
What do you do when prices don't move? Complain about stagflation?
Actually the drop in home values benefited me by means of lower property taxes. It will benefit my older children in the coming several years as they search for homes to buy.
Every cloud has a silver lining?
RE: Every cloud has a silver lining?
That's right....Maybe not for Toni.....but someone out there benefits from everything that goes on.
Toni has to diversify...play both sides of the fence....
complain about the prices of a product and have a business that sells the product.
I wasn't complaining
I was explaining to Toni why it happened.
He'llhave a lot of trouble
trying to get support for him in the states that he's been going after.
New figures show
that rent has increased over 3.5% vs home value decreased by nearly or more than that amount in the last year. Although it's cheaper now for people to buy, nobody can get a loan. And home values will be decreasing even more because now that the banks have settled the lawsuit over faulty paperwork for foreclosures, forcing foreclosures to halt for a while, they are going to start back up again in numbers almost equal to what they were before.
The economy is NOT better, Josh.
So you think it's too hard to get a loan
Perhaps we should go back to pre-2008 rules where anyone who could spell their name could get one?
We just got a loan to buy an apartment. Yep, it was a lot harder than it was the last time we did it but the banks are doing that to protect themselves against people who can't afford the loans their applying for. That's a good thing, isn't it?
Rents are up because those people who can't get loans are choosing to rent instead, which increases demand on the supply of rental apartments. That's called capitalism, which I thought you were in favor of....
Don't blame Obama.
Republicans have been running your banking system in the US for a lot longer than Obama has been around, that's why your economy is where it's at now. I'm not a socialist, I believe in free enterprise, but I also believe in a fair system for all. I also believe in expanding a business and hiring more people to help improve the economy. I certainly want my employees to earn there money but also I want us together to move ahead and ALL succeed. At least the Democrats can grasp that. Republicans only want one thing, your money, on your back. That means one thing, the US equity gap will continue to grow.
The economy in the US didn't tank overnight with Obama, it was from many years before of fiscal mismanagement in Government and big business. There is also the fact the World affairs have been increasingly turbulent since 911, with Iraq, Afghanistan and the Arab Spring. I think Obama has done a fine job since being in office. He inherited so many problems and what I see has done well.
I've watched the clown show Republican primaries and haven't observed one of them that can hold a candle to Obama.
"Choosing" to rent
because they can't get a loan to buy.....that isn't a 'choice', Josh....they have no other options.
IF they have enough income to buy, they should be able to, especially since the prices of homes are so much lower now. Most should be able to qualify even under the new guidelines; however, many small community banks are the ones being pressured by the Treasury to NOT give home loans. Why is that?
A thought about home purchase
I'd think that the amount of house one can buy should depend less on the payments and more on the total cost. This means not only the purchase price but the cost of utilities, repairs, remodeling needs, etc. Just because interest rates are lower does not necessarily mean they should go out and buy a bigger or more expensive house. I'd think it better to make sure the house accommodates the family adequately, is in a suitable neighborhood and close enough to where they usually need to travel so those expenses can be kept low. Anyone who thinks that payments alone determine what they can afford is asking for trouble. That hasn't changed.
I know that feeling
Not only do you have taxes and insurance but I just replaced two furnaces and a hot water heater.
started to go downhill during the Clinton Administration......although it would be hard to find a Democrat/liberal who would admit to that since there was supposedly a 'surplus' when he left office (which really wasn't a surplus at all). Clinton's Administration was being pushed into getting everyone into a home no matter what their circumstances because the liberals believed in the "American Dream" that even if they couldn't afford one, everyone should have one. So everybody got their home......then during the Bush Administration, you had Dodd and Frank (who was in 'charge' of Freddie and Fannie) telling everyone that both of those entities were stable and in great shape when in fact they were already in the toilet. The housing situation was in a massive bubble that they just couldn't admit to. Then you had Geithner in charge of overseeing Wall Street who didn't sound the warning bell that THAT entity was in trouble.
These were all Democrats in charge of it all and hiding it quite nicely......blame Bush all you want, but it was the Democratically controlled Congress that shot this country in the foot, not the Republicans, because they were in charge for the last six years when the house of cards began collapsing. The Republicans dropped the ball during Clinton because they didn't see the housing bubble that was being created....every Republican admits that....but the Democrats have made matters worse and have no intention of fixing anything because they are perfectly happy going down that same ruinous path.
I hope Obama is in power for the next 4 years.
You could be a Holocaust Revisionist....
.....the way you rewrite history to your liking.
The Republicans controlled both houses of Congress for six of the 8 years Bush was president, and six of the 8 years Clinton was president. That's 12 straight years they had control, Toni. I don't know where you got the idea that the Democrats controlled Congress for the last six years of Bush's presidency. They retook the House and Senate in 2006, not 2002.
It's amazing how the blame for the current economy begins with Bill Clinton, completely leaps over George W. Bush and then lands on Barack Obama. That's quite a feat.
I see you're back to saying it was too easy to get a mortgage in those days, so I assume you're no longer complaining that it's too hard to get one now.
Maybe one issue with our congress is that it's
in a perpetual state of transition which just adds to the chaos. I have my doubts that any president has much control over general economic trends during their own tenure. Their affect seems to lag rather than lead and the rest of us don't help by doing little else than picking a scapegoat for our own incompetence and lack of action. If we think voting is all we need to do to fix things, we're wrong...very wrong.
take up arms?
Will that be a better solution than voting?
It's been done, hasn't it?
Excuse me. I hear a knock at the door.
OMG, Toni's a Neo Nazi Historian Now?!!
Where does it ever end????
....if Michelle Bachmann can just fabricate history, why can't Toni?
The Democrats being perfectly happy with the economy going downhill. The main reason if Obama loses the coming election will be the economy (and Mitt Romney saying he'll do it better due to his business experiences).
So deliberately making matters worse and being perfectly happy with it, implies being happy with that consequence. Electorally speaking, it would be suicide.
Are you sure about the Democrats being so stupid?
accomplish what they've always wanted....a socialist society....they WILL be perfectly happy. Once you get the majority of people believing that government is the answer to everything and that they will be taken care, every one of them will vote Dems. That's not political suicide to them...that's their goal and calling in life. Ask Pelosi and BO.
Total posts: 57 (Showing page 2 of 2)