Barack Obama, our next President

Full story: Hampton Roads Daily Press

"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 ...

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forks_make_us_fa t

Norman, OK

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#1107007
Mar 31, 2014
 

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More reasons to spit on Breitbart's grave...

"... Immigration and Customs Enforcement (ICE) metrics to conclude that the Obama administration released 35 percent—or 68,000—convicted criminal aliens back into the U.S. general population when they could have been deported. "

http://www.breitbart.com/Big-Government/2014/...
forks_make_us_fa t

Norman, OK

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#1107008
Mar 31, 2014
 

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Progressives love criminals...

"San Antonio’s 79 percent is the highest, where ICE encountered 36,228 criminal aliens and released 28,680 back into the general population in 2013. New York City’s 71 percent is next, where ICE agents encountered 7,571 criminal aliens and released 5,391 of them. Washington, D.C. follows that, with ICE agents encountering 8,688 criminal aliens and releasing 64 percent, or 5,558, of them into the public..."

http://www.breitbart.com/Big-Government/2014/...
TheIndependentMa jority

London, KY

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#1107009
Mar 31, 2014
 

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forks_make_us_fat wrote:
Progressives, stop focusing on Sam Walton, get your torches and pitchforks...
"There is a great sickness in California, home of the greatest number of American billionaires and poor people, land of the highest taxes and about the worst schools and roads in the nation. "
http://pjmedia.com/victordavishanson/ideologi...
Wonder what'll go when all those rubber duckies float on over into Harry Rieds withered out, cracked through out, basin of dried out, land of no water Nevader?
Could be some serious plaskit and rubber duckey pollution problem on top of it all there now!!!
forks_make_us_fa t

Norman, OK

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#1107010
Mar 31, 2014
 

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Sometimes our Veterans are racists...

"Just 32 percent of military veterans who served in Iraq or Afghanistan approve of the job Barack Obama is doing as president..."

'In a related question, only 42 percent of those surveyed said they believe Obama is a “good commander-in-chief of the military.” Forty eight percent said he is not.

Veterans were asked a similar question about former President George W. Bush. Sixty-five percent said they felt he was a good commander-in-chief, while 28 percent responded he was not."

http://www.realclearpolitics.com/articles/201...
TheIndependentMa jority

London, KY

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#1107011
Mar 31, 2014
 

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RealDave wrote:
<quoted text>
Funny stuff.
BTW, if you think George W Bush had nothing to do with the recession then you are dumber than sh*t.
So I agree with the first sentence because right whiners will never admit their party's role in the economic disaster.
We already realize that admin gave the general publik WAYYYY too much credit...in having at least some common sense when considering the same-DUH A Vey.
forks_make_us_fa t

Norman, OK

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#1107012
Mar 31, 2014
 

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Signs the Progressive 'we will take the other guys money to pay for your insurance' economy is on fire!

SUBSIDIES!!!!!!!!

"So far, about 4 of every 5 people enrolling have qualified for tax credits to reduce the cost of their premiums."

http://www.cnbc.com/id/101530699
PDUPONT

Chicopee, MA

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#1107013
Mar 31, 2014
 

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Incognito4Ever wrote:
<quoted text>
It's not just the economy going south that I'm worried about. It's also the uncertainties on the world stage. It's like the whole world is holding its breath waiting for the sound of the thud of a shoe dropping. If Russia doesn't prompt another world war, Iran becoming nuclear will. Israel once showed restraint under U.S. guidance, but they have gone rogue and have very itchy trigger fingers. Not to mention the ongoing terror threat that could make 9/11 look like a practice run.
We live in very perilous times on all fronts. And the liberal loons on here just pick their noses and fling their boogers at everyone they don't like for trying to warn them.
No liar, the economy isn't "going south"; we've had some solid gains in jobs and GDP, no thanks to an obstructionist GOP controlled House.
The only way Russia will prompt a world war would be if we got into a military confrontation like the right wing loonies want us to do instead of economic sanctions.
Maybe if your hero George W Bush had paid more attention to Iran instead of falling for the fabrications of their agents like Ahmed Chalabi and giving them more influence in the area we wouldn't even be having this conversation.
Boogers Carol? Is that what you're calling facts these days?
forks_make_us_fa t

Norman, OK

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#1107014
Mar 31, 2014
 

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Meet the the poor people on Food stamps...

"Authorities Look For Couple Living Lavish Lifestyle On Food Stamps"

http://miami.cbslocal.com/2014/03/29/authorit...
forks_make_us_fa t

Norman, OK

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#1107015
Mar 31, 2014
 

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Nothing to see here...and Al Gore is not a scientist...

"Nationally, according to data from the National Climatic Data Center, 2,071 record low temperatures have been set this month..."

http://www.usatoday.com/story/weather/2014/03...
PDUPONT

Chicopee, MA

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#1107016
Mar 31, 2014
 

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Incognito4Ever wrote:
<quoted text>
Another pawn made of solid wood is manipulated and expendable.
You're another ignorant fool who prefers fantasies to actual facts.
forks_make_us_fa t

Norman, OK

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#1107017
Mar 31, 2014
 

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Nothing to see here...and Al Gore is not a scientist...

'March also has been snowier than average in several locations, including Northern Virginia's Dulles International Airport, which recorded its snowiest winter since records began in 1963. Detroit has seen more than a foot of snow in March, almost double the average.'

http://www.usatoday.com/story/weather/2014/03...
TheIndependentMa jority

London, KY

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#1107018
Mar 31, 2014
 

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forks_make_us_fat wrote:
Signs the Progressive 'we will take the other guys money to pay for your insurance' economy is on fire!
SUBSIDIES!!!!!!!!
"So far, about 4 of every 5 people enrolling have qualified for tax credits to reduce the cost of their premiums."
http://www.cnbc.com/id/101530699
KEYSTONE!!!

(Northern continental America FOR America-not divide, whine and drain against it!!)
sonicfilter

Indianapolis, IN

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#1107019
Mar 31, 2014
 

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forks_make_us_fat wrote:
Signs the Progressive 'we will take the other guys money to pay for your insurance' economy is on fire!
SUBSIDIES!!!!!!!!
"So far, about 4 of every 5 people enrolling have qualified for tax credits to reduce the cost of their premiums."
http://www.cnbc.com/id/101530699
we've been subsidizing health care since Reagan.
forks_make_us_fa t

Norman, OK

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#1107020
Mar 31, 2014
 

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Remember children, they came here in peace...

already in jail....

"In 2013, ICE charged only 195,000, or 25 percent, out of 722,000 potentially deportable aliens they encountered. Most of these aliens came to ICE’s attention after incarceration for a LOCAL ARREST [emphasis added]."

http://dailycaller.com/2014/03/31/report-obam...
TheIndependentMa jority

London, KY

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#1107021
Mar 31, 2014
 

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forks_make_us_fat wrote:
Nothing to see here...and Al Gore is not a scientist...
"Nationally, according to data from the National Climatic Data Center, 2,071 record low temperatures have been set this month..."
http://www.usatoday.com/story/weather/2014/03...
Thank goodness!

Sane, rational and logical people-have a nice day. Deluded, clueless, toxic bawl warshing baggers, yew knows what yewz can do!
forks_make_us_fa t

Norman, OK

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#1107022
Mar 31, 2014
 

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PDUPONT wrote:
<quoted text>
No liar, the economy isn't "going south"; we've had some solid gains in jobs and GDP, no thanks to an obstructionist GOP controlled House.
The only way Russia will prompt a world war would be if we got into a military confrontation like the right wing loonies want us to do instead of economic sanctions.
Maybe if your hero George W Bush had paid more attention to Iran instead of falling for the fabrications of their agents like Ahmed Chalabi and giving them more influence in the area we wouldn't even be having this conversation.
Boogers Carol? Is that what you're calling facts these days?
Sanctions on Post WW I Germany gave us Hitler...
Whatever

Scottsbluff, NE

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#1107023
Mar 31, 2014
 

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sonicfilter wrote:
<quoted text>
so what's today's FOX supported right wing myth? anything new? or just Benghazi? talk about rote by the numbers.
Bwahahahaha!

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#1107024
Mar 31, 2014
 

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How Bernanke's Fed Triggered the Great Recession
42 comments, 11 called-out Comment Now
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US Federal Reserve Chairman Ben Bernanke speak...
Image by AFP/Getty Images via @daylife

As usual, when Fed chairman Ben Bernanke testified before Congress this week not a single Congressman asked him why he deliberately and transparently triggered the Great Recession of 2007-2009, which was accompanied by a frightening financial crisis, gargantuan bailouts and huge fiscal deficits. Nor has Bernanke been held accountable for his culpability during previous Congressional testimony or during his press conferences. Committee members and financial journalists alike are ignorant of the evidence staring them in the face.

Bernanke typically is described as that rarest of combinations: a Republican yet also an Ivy League academic, a bureaucrat who’s nevertheless respectful of markets, an expert on the Great Depression yet aware of the Fed’s role in it, and above all a man supposedly wise enough to not let “it” happen again. Yet in 2008-2009 Bernanke did nearly let “it” happen again — a banking collapse, a depression, deflation — by bringing the U.S. financial system to its knees by roughly the same Fed policy adopted in the 1930s, followed by his blizzard of paper-money printing that has caused a dollar debasement unprecedented in U.S. history. The result has been a huge destruction of wealth, spreading fiscal chaos and stagflation as far as the eye can see.

How did Bernanke create this horrible morass? First, in 2006-2007 he deliberately inverted the Treasury yield curve, even while knowing it would cause a recession and credit-financial crisis. Second, he imposed on the reeling economy a $1.7 trillion flood of “quantitative easing”(QE), euphemistic for the hazardous policy of money-printing. His first policy caused economic stagnation, his second policy caused monetary inflation, and combined, his policies have generated “stagflation”— the corrosive mix last seen in the 1970s. It’s the direct opposite of the supply-side polices (pro-growth, sound-money) that made the 1980s and 1990s so prosperous.

How can we hold Bernanke accountable for this widespread mess? Consider first the economic stagnation. By training, Bernanke knew full well (and still knows) that an inverted Treasury yield curve — wherein the Fed deliberately keeps short-term interest rates above longer-term Treasury bond yields — invariably causes recessions and crises in the modern (fiat paper money) era.

He knows that an inverted yield curve severely and nearly instantly renders unprofitable most financial intermediation, which is the process of “borrowing short to lend long.” The normal case is for short-term borrowing yields to trade below long-term investment yields (an upward-sloped yield curve), which is profitable for credit intermediaries, given the positive yield margin. In contrast, the rarer case is for short-term rates to trade above long-term rates (an “inverted,” or downward-sloped yield curve), which is far less profitable or an outright loser for lenders, due to the negative yield margin.

Bernanke knows all of this — and far better than his clueless interrogators. In a 2004 speech titled “What Policymakers Can Learn from Asset Prices” Bernanke recounted the unassailable historic evidence that an inverted yield curve is invariably bearish with a reliable time lag of a year or so.“Various yield spreads have been found to be informative about the future course of the economy,” he said, and “some have exceptionally good forecasting track records,” especially “the slope of the yield curve,” which is “measured as the 10-year bond rate less the 3-month bill rate.” He conceded that “evidence for the predictive power of the slope of the yield curve” is abundant, and exists “for other industrialized countries as well as the U.S.”
forks_make_us_fa t

Norman, OK

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#1107025
Mar 31, 2014
 

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sonicfilter wrote:
<quoted text>
we've been subsidizing health care since Reagan.
"When did Medicaid and Medicare start?

Both were created when President Lyndon B. Johnson signed amendments to the Social Security Act on July 30, 1965. "

http://www.cnbc.com/id/43992654

“fairtax.org”

Since: Dec 08

gauley bridge wv

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#1107026
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As Bernanke acknowledged,“the slope of the Treasury yield curve” has been “recognized for some time as a useful indicator of cyclical conditions,” that it “has turned negative between two and six quarters before every U.S. recession since 1964,” that U.S. recessions invariably have “followed the inversion of the yield curve,” and that the yield curve “captures the stance of monetary policy.”
The latter concession means that the Fed can easily and deliberately invert the yield curve whenever it chooses, either with short-term rate hikes or passivity in the face of plunging bond yields. Likewise, the Fed also can always act to prevent an inverted yield curve – and thus also to prevent future recessions. Notably, the U.S. yield curve was inverted prior to all seven U.S. recessions in the past half-century and no recession occurred in that time without a prior inversion. That’s a perfect forecasting record. The Fed also inverted the yield curve prior to the 1929 stock-price crash and Great Depression in the 1930s. The only “criticism” the Fed got in subsequent decades was that it didn’t follow its punitive rate policy with massive money-printing.
The forecasting power of the Treasury yield curve certainly wasn’t discovered by Bernanke (that accolade goes to finance Professor Campbell Harvey of Duke University), but he’s long been aware of it — and well in advance of becoming Fed chairman in January 2006 — as have professional researchers at the Fed itself, who for years have devoted an entire web-site to the accumulation of the empirical evidence (“The Yield Curve as a Leading Indicator”). Among key findings is that deeper and longer yield-curve inversions tend to precede deeper and longer recessions. In short, the Fed knows the harm it can do – and does it anyway.
There’s no longer any excuse for ignorance of such facts. Although Bernanke knew the power of the yield curve, he and his colleagues deliberately inverted it in 2006-2007, ostensibly to “fight inflation” by slowing the economy’s growth (which is nothing but the Keynesian myth that prosperity somehow boosts prices). The recession and crises of 2007-2009 wouldn’t have occurred absent his deliberate monetary malfeasance.

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