Recession

[Delock]

How am I incorrect?

Don't waste your time with people like this. November will tell!!!!! We will get to go back to work in 2012!

Explain please!

[fshfrk]

Explain please!

We are taking this country back. Plain and simple. Got it. Us Americans want to work, make some money and spend it so we can have a thriving economy. Some people may want something else. I don't care. This President and his fools are blind IDIOTS! I know what you and him will say and I do not care. I attacked your ideal not you personally. I love you D!

[Delock]

We are taking this country back. Plain and simple. Got it. Us Americans want to work, make some money and spend it so we can have a thriving economy. Some people may want something else. I don't care. This President and his fools are blind IDIOTS! I know what you and him will say and I do not care. I attacked your ideal not you personally. I love you D!

Where is the country now? the pawn shop? US Americans love to work. Honestly, name one person that could have came in and fix the mess that Bush have created? ..............

Remember you and I talked awhile back and you was telling me how you was swamped with work cause of Ike. Well, after awhile thing will run out. Honestly, I wish I could keep your pockets full, but until we start correcting alot of the mistakes of the past and start working together we will all look like blind idiots.

[Darbex]

So since this is "Bush's recession" was the recession of 2001 Clinton's?

[Delock]

So since this is "Bush's recession" was the recession of 2001 Clinton's?

2001? Clinton left the budget in the black. Please provide proof because we start going into a recession after 9/11.

[marauder_77868]

2001? Clinton left the budget in the black. Please provide proof because we start going into a recession after 9/11.

This is a lie...and here's your proof:

http://www.craigsteiner.us/articles/16

[jeebus]

2001? Clinton left the budget in the black. Please provide proof because we start going into a recession after 9/11.

It probably had NOTHING to do with the ARM's coming due and collapsing the market. We're in more debt because of two wars, but we're in a recession because Democrats in the 90's felt it prudent to see that every American got their own McMansion, no matter how much the cost.

[gotticgs]

[QUOTE=Delock;488925]

Where is the country now? the pawn shop? US Americans love to work. Honestly, name one person that could have came in and fix the mess that Bush have created? ..............

Remember you and I talked awhile back and you was telling me how you was swamped with work cause of Ike. Well, after awhile thing will run out. Honestly, I wish I could keep your pockets full, but until we start correcting alot of the mistakes of the past and start working together we will all look like blind idiots.

really
can we come up with a new line? besides blaming Bush for everything

oh and the dems are in no way fashion or form working together with republicans



btw I think we went of topic

oh yeah I love you too D .....just not with that warm and fuzzy way :L

[Delock]

Ok Chris. Let's point fingers at .....................sorry Bush win

[Darbex]

2001? Clinton left the budget in the black. Please provide proof because we start going into a recession after 9/11.

Precisely what I thought you would say. Go back and look the stock market took a dive in late 2000 when the .com bubble burst and was carried through until late 2001 primarily due to 9/11. After that time the stock market grew significantly for 7 years until late 2008 with the beginning of the financial crisis into mid 2009.

[Delock]

And a lot of junk was floating thru the stock market during that time.

[Darbex]

Just like a lot of junk was floating through in 2008-2009. Look at history everytime a major stock market crash or economic crash happened it was because something was severly overpriced and reality caught up to fiction. The great depression was caused by people over valuing companies. The crash of the 80s. The .com of 2000, the financial crash of 2008. Even go back to the South Sea bubble crash in England. If that is your excuse please come up with a better one. Like I said every economic crisis is the result of some sort of "bubble" or as you put it junk floating around.

[Delock]

Based on your post everything was good during Bush terms?

[Delock]

And those same 70% supported a war based on a lie. Which in turn lead us into a deeper national debt. A debt that one man almost double in 8 years.

[jeebus]

What exactly is this thread about?

Home sales hit record low since recording began in 1963: http://www.latimes.com/business/la-f...,3400936.story

Sales of new homes unexpectedly sank 12.4% in July to the lowest point since government records starting being kept in 1963. It underscored continued weakness in the housing market, which tanked after the expiration this spring of a tax break for home buyers who were already facing a stagnant job market.

The Commerce Department said Wednesday that new single-family houses in July were sold at a seasonally adjusted annual rate of 276,000 units. It marked a 32.4% drop from the same month a year ago.

The government report followed news Monday that sales of previously owned homes dived 27.2% over the prior month in July, igniting fresh concerns over the state of the economic recovery.

The housing market has been especially weak since the April 30 expiration of the $8,000 buyer's federal tax credit, but the fall in new home sales in July was sharper than many experts had anticipated. Economists surveyed by Bloomberg News had expected some modest improvement in new home sales after they plunged in May and bounced back in June.

The average rate offered on a 30-year fixed home loan fell throughout July and dropped to 4.42% last week — hitting a fresh low, according to Freddie Mac.

So... Is this Bush's fault too?