#56041 Feb 20, 2014
Yes , I remember when I had over 100K back in 2007 ,after October of that year it went down the shitter ( thanks GW )...in 2009 it was down to 60K, now along with contributions over the years plus Obama brought back the Dow Jones from the jaws of death ,I now have over 195K in my 401K..........Also my IRA's are back up also. The CD's will take a long time to come back....CD's are your worst investment these days ,the only good thing is you lose no money on CD's. that's the only good thing....
Thanks Barack !
#56043 Feb 20, 2014
Here's how they piss in their pots in West Virginia.....LMAO!
This is something Roger would do if he had a job....LOL!
West Virginia Pizza Hut manager canned after peeing in kitchen sink
I bet this is some relation to Dave Rogers the FIXED news frequent viewer..........HAAAAAAAAAAAAA AAA!
Click on link son....LOL!
Read more: http://www.nydailynews.com/news/national/pizz...
#56044 Feb 20, 2014
Yes, West Virginia is a RED state where unemployment is one of the highest in the nation, full of welfare scum , drug addicts ,child molesters, drunks , incest and peeing in sinks, Must of been too cold to use the outhouse outside LOL!.........They keep voting for losers all the time LMAO!
#56045 Feb 20, 2014
How bout john hanger???
I'm voting for him simply because he wants to legalize
#56046 Feb 20, 2014
I think this guy named Davey Rogers has been smoking it for years, smoking pot probably burned out that last intelligent cell he had in his pea brain. you can plainly see he's a drop out tea bagger that keeps voting for the wrong people...LMAO!
#56051 Feb 21, 2014
Thank Obama and the Democrats for reduced hours, stunted upward mobility and the elimination of employer provided health insurance coverage.
Obamacare: reducing hours for "police dispatchers, prison guards, substitute teachers, bus drivers, athletic coaches, school custodians, cafeteria workers and part-time professors."
New York Times, FEB. 20, 2014
Public Sector Cuts Part-Time Shifts to Bypass Insurance Law
Cities, counties, public schools and community colleges around the country have limited or reduced the work hours of part-time employees to avoid having to provide them with health insurance under the Affordable Care Act, state and local officials say.
The cuts to public sector employment, which has failed to rebound since the recession, could serve as a powerful political weapon for Republican critics of the health care law, who claim that it is creating a drain on the economy.
President Obama has twice delayed enforcement of the health care law’s employer mandate, which would subject larger employers to tax penalties if they do not offer insurance coverage to employees who work at least 30 hours a week, on average. But many public employers have already adopted policies, laws or regulations to make sure workers stay under that threshold.
Even after the administration said earlier this month that it would ease coverage requirements for larger employers, public employers generally said they were keeping the restrictions on work hours because their obligation to provide health insurance, starting in 2015, would be based on hours worked by employees this year. Among those whose hours have been restricted in recent months are police dispatchers, prison guards, substitute teachers, bus drivers, athletic coaches, school custodians, cafeteria workers and part-time professors.
#56052 Feb 21, 2014
Given this environment and the leadership transition as Ben Bernanke's term ends in January, the Fed will likely continue its current stimulus program at full blast
-- buying $85 billion in bonds each month
-- until at least March 2014.
That means QE3 could total around $1.6 trillion, calculates Paul Ashworth of Capital Economics.
That's more than either of its two predecessors. In contrast, QE1 totaled $1.5 trillion and the second round of stimulus added up to about $600 billion.
Most of the money created by the Fed is gathering dust in bank reserves and has not been making its way out to Main Street.
Since the Fed launched its latest bond-buying program in September 2012, bank reserves have increased by about $800 billion, whereas the currency circulating in the economy has increased by only $80 billion.
Meanwhile, repeated rounds of quantitative easing have fueled stock gains to the point where some economists say prices may no longer be reasonable.
American worker's 401K accounts have more than doubled since 2009
#56053 Feb 21, 2014
For a cogent explanation of why a large fiscal stimulus was necessary in the aftermath of the financial crisis, I can do no more than recommend "End This Depression Now", by Paul Krugman. I know people on the right loathe Paul Krugman, but that is mostly because they simply cannot answer his reasoning. There is indeed a crucial difference between a national budget and a family budget that has escaped you.
And it was Harding and Coolidge who really made the great mistakes in the 1920s that led to the Great Depression, not Hoover; although he did not respond well to the situation. The Depression began barely months after Hoover took office. The groundwork for it was clearly laid before he ever took office.
Coolidge's economics were simply another variant of the trickle-down economics of the Bush II administration. THAT is what leads to these great economic collapses.
#56054 Feb 21, 2014
If you want to save this country, especially form going bankrupt and becoming a socialistic society, VOTE REPUBLICAN!!!
#56055 Feb 21, 2014
Maybe if you ran a decent candidate the country would........
Too late roger the old white guys are in the minority.........and dying off fast....
Now back to FIXED news with Sean Hannity on the Benghazi scandal..........take it away Sean !!!!
#56056 Feb 21, 2014
Ben Bernanke was hired by GW Bush in 2006.......
How he covered up for the recession......in 2007-2008......
A Chronicle of Uncertainty, Then Bold Action, in 2008 Fed Transcripts
The 14 transcripts that the Fed published Friday — covering the eight scheduled meetings and six more emergency sessions of its Federal Open Market Committee during 2008 — provide the fullest picture to date of the Fed’s efforts during the climax of one of the largest financial crises in American history.
The Fed in normal times is a powerful but somnolent institution, charged with keeping a steady hand on the rudder of the economy. It moves interest rates up and down to moderate inflation and minimize unemployment. But beginning in 2007 it was forced to take on a far more challenging role as a backstop for the global financial system. And then, because of the depth of the resulting recession, Fed officials also found themselves trying things they’d never done before.
#56057 Feb 21, 2014
Democrats are portraying the loss of full time work and income due to Obamacare fall-out as an 'advantageous' opportunity for entrepreneurship. Apparently banks will be lining up to loan business start-up money to unemployed citizens with no assets or income.
Full-time unemployment is a shameful consequence of the Obamacare debacle but Sen. Charles Schumer, D-N.Y., spins the loss of full time jobs as "advantages for individual families."
Democrats defensive as CBO projects job loss from ObamaCare, minimum-wage hike
February 20, 2014
Recent reports from the nonpartisan Congressional Budget Office project that two pillars of the Democratic Party agenda -- ObamaCare and a hike in the minimum wage -- will result in a combined loss of 3 million jobs over the next decade.
That forecast has forced Democrats into unfamiliar arguments to defend their own public policies, as they point to potential benefits of lost jobs and reduced hours.
"I don’t care what the CBO says about the job impact of ObamaCare," said Michael Mandel of the Progressive Policy Institute. "ObamaCare has a far-reaching impact and part of that is going to be to encourage entrepreneurship."
On NBC's Meet the Press, Sen. Charles Schumer, D-N.Y., described how statistical job loss translates into advantages for individual families.
#56058 Feb 21, 2014
Fact Checker:‘No, CBO Did Not Say Obamacare Will Kill 2 Million Jobs’
Obamacare’s critics can claim that the equivalent of 2.5 million less full time workers in the system is bad for the economy, and many will make that argument. But Kessler and others laid out how saying that the CBO claims Obamacare will “kill,”“cut,” or generally eliminate jobs from the market over the next 10 years is patently false.
Now FIXED news raises the count every week. 2 weeks it was 2 million jobs, then last week 2.5 million, now this week 3 million jobs! LMAO
FIXED news... the most reliable, most trustworthy ,unbiased, late breaking news !!!!
WARNING ! THIS IS NOT A FOX NEWS WEBSITE LINK
CLICK AT YOUR OWN RISK !!
#56059 Feb 21, 2014
Obamacare, aka the Affordable Care Act, works, contrary to what the billionaire Koch brothers say in all their TV ads run by "Americans for Prosperity." The Koch brothers are against any public interest program, be it Medicare or Social Security, or universal health care coverage such as Obamacare. They hate Obama, and they certainly can afford to promote their political goals. I'm sure they have great health care coverage, but do you think they'd help the 15 percent of Americans (45 million people) who have no health insurance with their health care costs?
The Affordable Care Act already has added nine million Americans, who previously had no coverage or had inadequate coverage, to the rolls of the insured, either by people buying lower cost individual coverage on the exchanges or by the expansion of Medicaid in those states that accepted the federal funding for the expansion. But many Republican-led states, like North Carolina, refused the expansion, despite the fact 100 percent of the added cost is covered by the feds for the first three years and 90 percent forever after. Many such state governments have done all they can to interfere with the implementation by making it difficult for people to get information and understand the new law.
But under Obamacare, no longer can insurance companies refuse coverage to someone with a pre-existing condition or drop people from coverage because they reached their maximum limit, and it bars insurance companies from denying coverage when people get sick. So, more and more people who had no coverage, or who had inadequate coverage, now are getting coverage because of Obamacare. And remember, much of Obamacare, that is, the Affordable Care Act, are things that Republicans in Congress required in order to be passed, and in fact, most of the program is the very same program that (Mitt) Romney introduced and which was approved by the legislature in Massachusetts, where it has proven to be very successful. It's just that Republicans didn't propose this; Democratic President Obama did.
#56060 Feb 21, 2014
Conservatives Shocked Obamacare Is Working Like It's Designed To
The most dangerous thing about Obamacare is the American people might like it.- Stephen Colbert
If Obamacare was REALLY so terrible, would every single conservative horror story and whining fit turn out to be made up and based on nothing? What kind of news consumer LIKES being lied to? They get fooled again and again and AGAIN by the same tricks. I don't understand what is wrong with these people. Is it just that they are old?
As you undoubtedly are aware, the very same strategy was part of Bush's Medicare Part D. It is designed so that companies don't have to overestimate their expenses. Those that do better than the average pay into the pot and those who do worse take out. It ends up with the government either paying very little or actually, as the article makes clear for people with normal reading comprehension, gaining from it.
#56061 Feb 21, 2014
Hello there, my name is Valtron. I am the IRS Storm-trooper that resides in your rotted out imagination. I came to tell that we now have captured your frail old mother. We originally thought that we were going to have the Cheney waterboarding on her to obtain some good data on you...yes we still use the Cheney board despite the controversy its still the most reliable model. Anyway it turns out that we didn't need the Cheney at all...because your mother is singing like a bird. In fact we can't shut her up and wow does she ever have a low opinion of you buddy...man she actually hates your guts and she telling us about your antisocial disorders and your general lack of empathy for fellow humans ...man she really throwing you under the bus. I will finish the interogation interview and then I will let you know how it turns out soon...
Since: Oct 12
#56062 Feb 22, 2014
We haven't completely recovered from the last one.....Hillary in 2016....
#56063 Feb 22, 2014
Barack Hussein Obama's hypocritical directive: Do as I say, not as I do.
Obama Plays Water-Guzzling Desert Golf Courses Amid California Drought
Feb. 17, 2014
After preaching shared sacrifice to assuage the California water shortage, Obama has played some of the country's thirstiest golf courses.
President Barack Obama traveled to California on Friday to highlight the state’s drought emergency at two events near Fresno, calling for shared sacrifice to help manage the state’s worst water shortage in decades.
He then spent the rest of the weekend enjoying the hospitality of some of the state’s top water hogs: desert golf courses.
#56064 Feb 22, 2014
It is certainly the sole fault and responsibility of Barrack H. Obama that:
1) Golf courses and cities were built in American deserts.
2) It hasn't rained much in California.
3)_________Fill in the blank for whatever else you can think of).
The cities in Arizona and Nevada consume huge quantities of water and electricity for no good reason - but somehow by playing golf Obama is now to blame for the weather too?
This experiment in greed and stupidity that we call America sure is funny.
#56065 Feb 22, 2014
I like politics but not this blog. It's too much of the same bullshit from the same people who have to be sick in the head to spend their day here.
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