Barack Obama, our next President

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ... Full Story
lily boca raton fl

Boca Raton, FL

#931204 Jun 24, 2013
Death of Tenzing wrote:
<quoted text>
Why does the general public support a government who creates all these spy agencies and turn them on their own citizenry to protect them from enemies the same government created?
How about just not making enemies?
Oh well, it might be a bit late for that. I just don't understand why the rightwingers seem so surprised about spying; it's always been done, by every country. I just don't the general public should be privy to all intelligence operations; there's no need for it.
I also don't get why Bush & Co. brought prisoners to Gitmo rather then causing them to just disappear. Do we trade those 5 Afghanis for the American they're holding?
Aunt Bettie Lou

Orlando, FL

#931205 Jun 24, 2013
sonicfilter wrote:
<quoted text>
you won't be citing that source.
US News Money
James Pethokoukis

Bush was as unlucky as his immediate predecessor, Bill Clinton, was lucky. Clinton inherited an economy that was revamped and re-energized in the 1980s that had been growing for seven-straight quarters when he took office in 1993 and he benefited tremendously from the the Internet revolution and left office just months before a recession began and America was hit by the worst terrorist attack in human history.

Then there was the Federal Reserve chairman. While Alan Greenspan played the economy like harp during the Clinton years, "The Maestro" hit a series of bum notes during the Bush years - especially his decision to keep interest rates too low for too long.

Even so, there was 52 straight months of job growth and worker productivity - the most important long-term indicator of the core health and competitiveness of an economy - had risen at a really impressive 2.6 annual rate during the Bush years vs. 2.0 percent for Clinton and 1.6 percent for Reagan.(That fact from the Wall Street Journal.)

The World Economic Forum says the U.S. had the most competitive economy in the world. The economic rebound after the pro-growth 2003 tax cuts was no mirage.

By 2004, the surplus of 2000 had turned into a budget deficit of about 4% of nominal GDP but the bold fiscal response to the 2001 recession hastened the recovery and, by 2007, the deficit had declined to 1% of GDP. There would have been a small surplus in 2007 had it not been for the $200 billion tab for the commitments in the Middle East and the aid to the New Orleans area from Hurricane Katrina.

Bush certainly didn't change America's long-term fiscal situation by fixing Social Security or Medicare, and the drug benefit materially worsened it, but Bush tried solving the Social Security mess but failed. Nor did he push fundamental tax reform such as moving toward a flat or consumption tax.

The real average hourly wage for workers as calculated by the Labor Department was just 1% more than it was at the end of 2000; yet, many economists, including those at the Fed, think the government had been overestimating inflation by nearly a full percentage point and, if true, workers actually saw wages rise by about 10% over the decade without even tweaking the inflation data of combined wages, salaries and benefits.

Bottom line: Bush's successes were destined to be overshadowed by the imploding housing and credit bubbles. They were the economic equivalents of IEDs and they blew up at the end of his second term. The causes? Everything from Fed monetary policy to government housing policy to cultural dysfunction on Wall Street and Main Street. But as teenagers like to say, "Too bad, so sad." Bush was president and Big Media had declared its summary judgment: Failure.

http://money.usnews.com/money/blogs/capital-c...

(Pethokoukis has written for many publications including USNews & World Report, The New York Times, The Weekly Standard, Commentary, USA Today and Investor's Business Daily. Pethokoukis is also an official CNBC contributor and has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN, and Nightly Business Report on PBS.)

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#931206 Jun 24, 2013
NJ raider 1 wrote:
<quoted text>I call my brother sun cause he shine like 1. Where I'm from, that's a compliment. I think you forgot who you were talking to. Need I remind you?
Your brother runs a shoeshine? Wow. Stereotypical but does he make any money on it?
Eyes Wide Shut

Waynesboro, MS

#931208 Jun 24, 2013
Infowars? Alex Jones? "Zionist shill" Alex Jones?

Alex Jones supports Zionist israel
Watch:


"Two sides of the same coin".
Yeah

Honolulu, HI

#931209 Jun 24, 2013
Aunt Bettie Lou wrote:
<quoted text>
I'll explain it - again. I was making fun of you on purpose.
Since that's all you do on here, son.
That would be the extent of your intelligence son.

Since it's clear the reality of things is something you avoid at nearly all costs.
Aunt Bettie Lou

Orlando, FL

#931210 Jun 24, 2013
Death of Tenzing wrote:
<quoted text>
You're confused 'cause you keep trying to put me on a "side".
Oh, excuse me. You prefer belly up.
No Surprize

Seminole, FL

#931211 Jun 24, 2013
lily boca raton fl wrote:
<quoted text>
Yeah sure fatty; I don't eat fast food. Go have a twinkie and a hunk of kielbasa.
Yeah lily, you fat old women sitting in lawnchairs eating cupcakes and conversations.

It's the culture...
Yeah

Honolulu, HI

#931212 Jun 24, 2013
flack wrote:
<quoted text> Not saying it hasn't happened but I've never heard of WalMart closing a store unless they built a bigger one nearby.
I've heard of them closing when they weren't making enough money.

“fairtax.org”

Since: Dec 08

gauley bridge wv

#931213 Jun 24, 2013
Death of Tenzing wrote:
<quoted text>
Afghanistan and the "Protestant/Catholic war in Great Britain" were over alleged possession and ready-to-use WMD?
Yeah, I can read.
Obviously not. Go and read the speech. You won't because it will upset your apple cart.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#931214 Jun 24, 2013
shinningelectr0n wrote:
<quoted text>
Your brother runs a shoeshine? Wow. Stereotypical but does he make any money on it?
Sole Brotha.....

Since: May 11

Chambersburg, PA

#931215 Jun 24, 2013
flack wrote:
<quoted text> Perhaps you should do a little reading to know the real deal. Here look it up if you can.
Bush's Speech Before The Joint Session Of Congress After 9/11
"It may include dramatic strikes, visible on TV, and covert operations, secret even in success. We will starve terrorists of funding, turn them one against each other, drive them from place to place, until there is no refuge or no rest. And we will pursue nations that provide aid or safe haven to terrorism. Every nation, in every region, now has a decision to make. Either you are with us or you are with the terrorists. From this day forward, any nation that continues to harbor or support terrorism will be regarded by the United States as a hostile regime"
Now libtards quit flapping your gums!!!!!
Flack says we invaded Iraq because he was sending money to the families of the suicide bombers.

Unfortunately for Flacktard we were attacked on 9-11 by Al Qaeda.

Sadam made payments to suicide bombers who were Palestinian fighting against Israel.

Here is when we get to add to the list of countries/territories that attacked us on 9-11, Palestine.
Bernard Forand

Fort Myers, FL

#931216 Jun 24, 2013
John Galt wrote:
<quoted text>
The CBO is a plug-and-chug operation, using assumptions dictated by Congress. Their output is no better or worse than the assumptions used.
True CBO can only speculate on what they have in hand. An indicator of where we are now and if continued where we will be. Like driving cross country and using a map. Obstructions come and go as well as shortcuts. Cycle of economics. Presently they find we are on the right highway and speeding along..
The Congressional Budget Office said the 2013 fiscal deficit would fall to about $642 billion, or 4 percent of G.D.P., about $200 billion less than it estimated just three months ago.
WASHINGTON — Since the recession ended four years ago, the federal budget deficit has topped $1 trillion every year. But now the government’s annual deficit is shrinking far faster than anyone in Washington expected, and perhaps even faster than many economists think is advisable for the health of the economy.
The agency forecast that the deficit, which topped 10 percent of gross domestic product in 2009, could shrink to as little as 2.1 percent of gross domestic product by 2015 — a level that most analysts say would be easily sustainable over the long run — before beginning to climb gradually through the rest of the decade.
"Revenues have been strong as the economy has outperformed a bit," said Joel Prakken, a founder of Macroeconomic Advisers, a forecasting firm based in St. Louis.
Over all, the figures demonstrate how the economic recovery has begun to refill the government’s coffers. At the same time, Washington, despite its republican political paralysis.
Republicans say perhaps too successful. Given that the economy continues to perform well below its potential and that unemployment has so far failed to fall below 7.5 percent, many economists are cautioning that the deficit is coming down too fast, too soon.
“It’s good news for the budget deficit and bad news for the jobs deficit,” said Jared Bernstein of the Center on Budget and Policy Priorities.{R}
“I’m more worried about the latter.” OOOHHH scary..
Now Obama is showing his democratic colors of success in financials. With the government running a hefty $113 billion surplus in the tax payment month of April, according to the Treasury, analysts now do not expect the country to run out of room under its debt ceiling.
The $200 billion reduction to the estimated deficit comes not from the $85 billion in mandatory cuts known as sequestration, nor from the package of tax increases that Congress passed this winter to avoid the so-called fiscal cliff. The office had already incorporated those policy changes in its February forecast.
Republicans want Congress to agree for this year to serving as a partial brake on the recovery, cutting government jobs and preventing growth from accelerating to a more robust pace, many economists have warned. The International Monetary Fund has called the country’s pace of deficit reduction “overly strong,” arguing that Washington should delay some of its budget cuts while adopting a longer-term strategy to hold down future deficits.{R} Typical, small minds for small growth..
CBO is revising its estimates for the current year, the budget office also cut its projections of the 10-year cumulative deficit by $618 billion. Those longer-term adjustments are mostly a result of smaller projected outlays for the entitlement programs of Social Security, Medicaid and Medicare, as well as smaller interest payments on the debt. The C.B.O. has quietly erased hundreds of billions of dollars in projected government health spending over the last few years.
It did so again on Tuesday. In February, the budget office projected that the United States would spend about $8.1 trillion on Medicare and $4.4 trillion on Medicaid over the next 10 fiscal years. It now projects it will spend $7.9 trillion on Medicare and $4.3 trillion on Medicaid.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#931217 Jun 24, 2013
Bernard Forand wrote:
<quoted text>
True CBO can only speculate on what they have in hand. An indicator of where we are now and if continued where we will be. Like driving cross country and using a map. Obstructions come and go as well as shortcuts. Cycle of economics. Presently they find we are on the right highway and speeding along..
The Congressional Budget Office said the 2013 fiscal deficit would fall to about $642 billion, or 4 percent of G.D.P., about $200 billion less than it estimated just three months ago.
WASHINGTON — Since the recession ended four years ago, the federal budget deficit has topped $1 trillion every year. But now the government’s annual deficit is shrinking far faster than anyone in Washington expected, and perhaps even faster than many economists think is advisable for the health of the economy.
The agency forecast that the deficit, which topped 10 percent of gross domestic product in 2009, could shrink to as little as 2.1 percent of gross domestic product by 2015 — a level that most analysts say would be easily sustainable over the long run — before beginning to climb gradually through the rest of the decade.
"Revenues have been strong as the economy has outperformed a bit," said Joel Prakken, a founder of Macroeconomic Advisers, a forecasting firm based in St. Louis.
Over all, the figures demonstrate how the economic recovery has begun to refill the government’s coffers. At the same time, Washington, despite its republican political paralysis.
Republicans say perhaps too successful. Given that the economy continues to perform well below its potential and that unemployment has so far failed to fall below 7.5 percent, many economists are cautioning that the deficit is coming down too fast, too soon.
“It’s good news for the budget deficit and bad news for the jobs deficit,” said Jared Bernstein of the Center on Budget and Policy Priorities.{R}
“I’m more worried about the latter.” OOOHHH scary..
Now Obama is showing his democratic colors of success in financials. With the government running a hefty $113 billion surplus in the tax payment month of April, according to the Treasury, analysts now do not expect the country to run out of room under its debt ceiling.
The $200 billion reduction to the estimated deficit comes not from the $85 billion in mandatory cuts known as sequestration, nor from the package of tax increases that Congress passed this winter to avoid the so-called fiscal cliff. The office had already incorporated those policy changes in its February forecast.
Republicans want Congress to agree for this year to serving as a partial brake on the recovery, cutting government jobs and preventing growth from accelerating to a more robust pace, many economists have warned. The International Monetary Fund has called the country’s pace of deficit reduction “overly strong,” arguing that Washington should delay some of its budget cuts while adopting a longer-term strategy to hold down future deficits.{R} Typical, small minds for small growth..
CBO is revising its estimates for the current year, the budget office also cut its projections of the 10-year cumulative deficit by $618 billion. Those longer-term adjustments are mostly a result of smaller projected outlays for the entitlement programs of Social Security, Medicaid and Medicare, as well as smaller interest payments on the debt. The C.B.O. has quietly erased hundreds of billions of dollars in projected government health spending over the last few years.
It did so again on Tuesday. In February, the budget office projected that the United States would spend about $8.1 trillion on Medicare and $4.4 trillion on Medicaid over the next 10 fiscal years. It now projects it will spend $7.9 trillion on Medicare and $4.3 trillion on Medicaid.
Screw all this BS. I just want to know if the White House Tours are safe and if I can ride along with the Obama's on their $100 Million African Vacation.

Since: May 11

Chambersburg, PA

#931218 Jun 24, 2013
mdbuilder wrote:
<quoted text>
The issue and Obama's stance, is what's important here. The life of a breathing, crying, wounded baby should never be decided by a thumbs up or down. His insistence that that power be permitted is abhorrent.
What part of "it is already the law" don't you get.

So If a bill was put on the floor that said " No killing babies. Income Tax rate to double"

You would want your representatives to vote yes because killing babies is bad.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#931219 Jun 24, 2013
Bernard Forand wrote:
<quoted text>
True CBO can only speculate on what they have in hand. An indicator of where we are now and if continued where we will be. Like driving cross country and using a map. Obstructions come and go as well as shortcuts. Cycle of economics. Presently they find we are on the right highway and speeding along..
The Congressional Budget Office said the 2013 fiscal deficit would fall to about $642 billion, or 4 percent of G.D.P., about $200 billion less than it estimated just three months ago.
WASHINGTON — Since the recession ended four years ago, the federal budget deficit has topped $1 trillion every year. But now the government’s annual deficit is shrinking far faster than anyone in Washington expected, and perhaps even faster than many economists think is advisable for the health of the economy.
The agency forecast that the deficit, which topped 10 percent of gross domestic product in 2009, could shrink to as little as 2.1 percent of gross domestic product by 2015 — a level that most analysts say would be easily sustainable over the long run — before beginning to climb gradually through the rest of the decade.
"Revenues have been strong as the economy has outperformed a bit," said Joel Prakken, a founder of Macroeconomic Advisers, a forecasting firm based in St. Louis.
Over all, the figures demonstrate how the economic recovery has begun to refill the government’s coffers. At the same time, Washington, despite its republican political paralysis.
Republicans say perhaps too successful. Given that the economy continues to perform well below its potential and that unemployment has so far failed to fall below 7.5 percent, many economists are cautioning that the deficit is coming down too fast, too soon.
“It’s good news for the budget deficit and bad news for the jobs deficit,” said Jared Bernstein of the Center on Budget and Policy Priorities.{R}
“I’m more worried about the latter.” OOOHHH scary..
Now Obama is showing his democratic colors of success in financials. With the government running a hefty $113 billion surplus in the tax payment month of April, according to the Treasury, analysts now do not expect the country to run out of room under its debt ceiling.
The $200 billion reduction to the estimated deficit comes not from the $85 billion in mandatory cuts known as sequestration, nor from the package of tax increases that Congress passed this winter to avoid the so-called fiscal cliff. The office had already incorporated those policy changes in its February forecast.
Republicans want Congress to agree for this year to serving as a partial brake on the recovery, cutting government jobs and preventing growth from accelerating to a more robust pace, many economists have warned. The International Monetary Fund has called the country’s pace of deficit reduction “overly strong,” arguing that Washington should delay some of its budget cuts while adopting a longer-term strategy to hold down future deficits.{R} Typical, small minds for small growth..
CBO is revising its estimates for the current year, the budget office also cut its projections of the 10-year cumulative deficit by $618 billion. Those longer-term adjustments are mostly a result of smaller projected outlays for the entitlement programs of Social Security, Medicaid and Medicare, as well as smaller interest payments on the debt. The C.B.O. has quietly erased hundreds of billions of dollars in projected government health spending over the last few years.
It did so again on Tuesday. In February, the budget office projected that the United States would spend about $8.1 trillion on Medicare and $4.4 trillion on Medicaid over the next 10 fiscal years. It now projects it will spend $7.9 trillion on Medicare and $4.3 trillion on Medicaid.
I just want to know if the White House Tours are safe and if I can ride along with the Obama's on their $100 Million African Vacation.
John Galt

Temecula, CA

#931220 Jun 24, 2013
Yeah wrote:
<quoted text>I've heard of them closing when they weren't making enough money.
Walmart has closed some stores in China and perhaps some elsewhere in response to militant union pressure.
John Galt

Temecula, CA

#931221 Jun 24, 2013
shinningelectr0n wrote:
<quoted text>
Screw all this BS. I just want to know if the White House Tours are safe and if I can ride along with the Obama's on their $100 Million African Vacation.
The White House tours have been cancelled to finance the Obama vacation.
Bernard Forand

Fort Myers, FL

#931222 Jun 24, 2013
Eyes Wide Shut wrote:
Infowars? Alex Jones? "Zionist shill" Alex Jones?
Alex Jones supports Zionist israel
Watch: http://www.youtube.com/watch?v =RNseMDToKdkXX
"Two sides of the same coin".

What’s religion have to do with it ! Crutches for rent.…. Alleluia! Messiah ! Really ? Poor Christians denied. What a bunch of bunk.
Zealots, Zionist two birds of the same feather. Truth is bias for religions’ is taught at an early age as the Taliban have and are demonstrating, as the Christians were infamous for. Only in the last century, have they lost that title to the Islamic. Yet there are still in there punching it out… Problem with both of them; is their lack of facts.
Notice how religions put the burden of proof for their fables, myths and folk lore on others to prove it is true. Over 6,500 years of their mystical ideologies no proof or fact can they muster forth for their gods that created the evil they claim to be in opposition. Odd at times the same gods are claimed by the warring factors for some political declaration. Warring for peace is as much a paradox as balling for virginity. Warring for an all powerful god is a paradox. For which breath did Hitler breath that god was not aware of? Hitler had purpose; for this almighty god to demonstrate? Then in the next breath they boast of our free will! Note “Free Will” is never mentioned in bibles. Little wonder, that existence emulates confusion of reason and rationality, as so ordained.
All religions hold their Zionist universal soldiers. They have discovered that they hate not only their enemies but everyone who does not share their hatred, and they want to fight and force others to fight. They turn their churches into recruiting stations and their vestries into munitions workshop.
They persecute with their profession of horrors, at the blunt utterance of their own opinions. Behind the scenes, anyone with any genuine religious sensibility finds these atrocities revolting, BUT the thing is done. Governing classes have made it so , only the law against blasphemy is not applied to themselves and strongly approve of said persecutions. Enabling them to represent their own privileges as the religion of their herd.
Therefore martyrs of all times and their persecutors remain subject to the same ideology. Fate impressed upon them, by their minority Zionist. No sense of common value for humanity. Amusing themselves with killings. Making any silly-clever gentleman or messiah, as one to be idolized. Such are the idols that are imposed upon the various herds.
sonicfilter

Indianapolis, IN

#931223 Jun 24, 2013
Aunt Bettie Lou wrote:
<quoted text>
US News Money
James Pethokoukis
Bush was as unlucky as his immediate predecessor, Bill Clinton, was lucky. Clinton inherited an economy that was revamped and re-energized in the 1980s that had been growing for seven-straight quarters when he took office in 1993 and he benefited tremendously from the the Internet revolution and left office just months before a recession began and America was hit by the worst terrorist attack in human history.
Then there was the Federal Reserve chairman. While Alan Greenspan played the economy like harp during the Clinton years, "The Maestro" hit a series of bum notes during the Bush years - especially his decision to keep interest rates too low for too long.
Even so, there was 52 straight months of job growth and worker productivity - the most important long-term indicator of the core health and competitiveness of an economy - had risen at a really impressive 2.6 annual rate during the Bush years vs. 2.0 percent for Clinton and 1.6 percent for Reagan.(That fact from the Wall Street Journal.)
The World Economic Forum says the U.S. had the most competitive economy in the world. The economic rebound after the pro-growth 2003 tax cuts was no mirage.
By 2004, the surplus of 2000 had turned into a budget deficit of about 4% of nominal GDP but the bold fiscal response to the 2001 recession hastened the recovery and, by 2007, the deficit had declined to 1% of GDP. There would have been a small surplus in 2007 had it not been for the $200 billion tab for the commitments in the Middle East and the aid to the New Orleans area from Hurricane Katrina.
Bush certainly didn't change America's long-term fiscal situation by fixing Social Security or Medicare, and the drug benefit materially worsened it, but Bush tried solving the Social Security mess but failed. Nor did he push fundamental tax reform such as moving toward a flat or consumption tax.
The real average hourly wage for workers as calculated by the Labor Department was just 1% more than it was at the end of 2000; yet, many economists, including those at the Fed, think the government had been overestimating inflation by nearly a full percentage point and, if true, workers actually saw wages rise by about 10% over the decade without even tweaking the inflation data of combined wages, salaries and benefits.
Bottom line: Bush's successes were destined to be overshadowed by the imploding housing and credit bubbles. They were the economic equivalents of IEDs and they blew up at the end of his second term. The causes? Everything from Fed monetary policy to government housing policy to cultural dysfunction on Wall Street and Main Street. But as teenagers like to say, "Too bad, so sad." Bush was president and Big Media had declared its summary judgment: Failure.
http://money.usnews.com/money/blogs/capital-c...
(Pethokoukis has written for many publications including USNews & World Report, The New York Times, The Weekly Standard, Commentary, USA Today and Investor's Business Daily. Pethokoukis is also an official CNBC contributor and has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN, and Nightly Business Report on PBS.)
Bush On Jobs: The Worst Track Record On Record

http://blogs.wsj.com/economics/2009/01/09/bus...

(That fact from the Wall Street Journal.)

“Bill Clinton could have ”

Since: May 10

Prevented this

#931224 Jun 24, 2013
Whatever wrote:
Just looking through market watch articles.
Is there anywhere for the money to go? Everything appears in a slump.
Headed for another world recession?
Consumer international stocks will be fair the best-like Kraft (now on the Nasdaq), Mondelez, Altria, Phillip Morris International-and all pay a dividend.

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