Jobless claims rise to four month high

[Kaylore]

http://www.cnbc.com/id/49460659

Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase represents a rebound from the previous week's sharp drop. Both swings were largely due to technical factors.

Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.

Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.

[Rohirrim]

Originally Posted by Kaylore

http://www.cnbc.com/id/49460659



Interesting after Obama shows up for a debate the "real" numbers are released. Very interesting.

Obama's got nothing. His foreign policy is just "take what you want and we hope you'll like us" or nothing at all as in cases like North Korea and Africa. Domestically he's doubled the deficit and unemployment is the same as it was four years ago. What a joke.

Yep. Bush and his neocon cronies did a very thorough job of devastating this country.

I know! Let's elect a bunch more neocons!

[Kaylore]

Nice reply, Rohirrim. You've got nothing either, I see. Obama had both houses and a super-majority in the Senate for two years, and you guys are still saying "it's Bush's fault!"

Obama's new four point plan is so empty.

1. Tax the wealthy. We need more money! This also includes the Obamacare tax that will hid middle class.
2. Hire more teachers. - Really? I mean ok, I see where you're going, but how is this going to fix the economy?
3. More clean energy - Like the Millions wasted on Solydra? How about the fact that Obama is shutting down the Coal industry - even the clean burning ones.
4. Build Manufacturing - He hasn't explained this, and the media hasn't held his feet to the fire on it. It's generic and a throw-away statement.

Obama is a joke.

[ant1999e]

Wow, what a surprising response. Bush, Bush, Bush. Never mind the last four years and the failures to CHANGE things for the better.

[Kaylore]

Originally Posted by ant1999e

Wow, what a surprising response. Bush, Bush, Bush. Never mind the last four years and the failures to CHANGE things for the better.

Change the subject at any cost!

Romney is Rich! Big Bird! Binders!

Is the left really proud of the dialogue they're creating? There are no answers from them. Just distractions. Pay no attention to that man behind the curtain.

[barryr]

Yep, the liberal media is doing all it can to help Obama but looks like more and more people are thankfully seeing through the scam.

Not only is Obama's foreign policy a disaster, "hoping for the best" and making an apology tour is not much of a plan, but so is his energy plan.

Not allow the Keystone Pipeline, despite creating thousands of jobs in the process.

Not allowing offshore drilling by this country or putting so much restriction that no one can do it, but giving millions in tax dollars to Brazil so they can do it. I guess Brazil doing it somehow makes the environment better than if America did it and they don't really need any restrictions either to get the money from the U.S.

Then hoping, there's that word again, Brazil will turn around and sell the oil we funded back to us, while we wait in line behind China who buys it up.

Obama wants to keep throwing millions at "green energy" ideas even though they keep failing and companies going bankrupt.

In reality, this isn't about making the planet better or saving the Earth. This is all about making the U.S. weaker and totally dependent on others for our energy. Not to mention making this country go further and further in debt, like Obama's plans will do.

Those that blindly support Obama can't even see the road we are going is making everyone's standard of living poorer and for some, there isn't much room to go even lower without being on food stamps or going on disability. Just look at the record numbers of those right now and climbing.

And yes, even Obama supporters and their standard of living will drop too, but they will be the last to figure that out. Obama has that "d" by his name and that is all they see and worry about.

[barryr]

Originally Posted by Kaylore

Change the subject at any cost!

Romney is Rich! Big Bird! Binders!

Is the left really proud of the dialogue they're creating? There are no answers from them. Just distractions. Pay no attention to that man behind the curtain.

The big liberals supposed "gotcha" moment was Romney admitting he has more money invested in China than Obama, whom by the way, does too. Wow.

[Rohirrim]

I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.

Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things.

Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney.

[barryr]

Originally Posted by Rohirrim

I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.

Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things.

Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney.

Probably because those attacking Romney in turn, defend any and everything about Obama. Yeah, I know, that is really hard for you to comprehend why someone would see that. But you're one that spouts BS of supposedly looking to vote for someone other than Obama, yet you defend him at all costs and go after Romney with even made up crap drummed up by the Obama, rooting liberal media. Or like now, tame and timid criticisms of Obama that are few and far between, while personally attacking Romney about anything, including his dog that make up countless threads and posts. You fool know one. You're voting for Obama so pretending you are some unbiased observer just doesn't wash other to those others trying to do the same thing. Guys like you will spout this "oh, I will vote for someone else" but some obscure thing will suddenly make you "see the light" and gee, surprise I will vote for Obama again like in 2008 because he promises to feed his cat or something.

[Rohirrim]

Originally Posted by barryr

Yep, the liberal media is doing all it can to help Obama but looks like more and more people are thankfully seeing through the scam.

Not only is Obama's foreign policy a disaster, "hoping for the best" and making an apology tour is not much of a plan, but so is his energy plan.

Not allow the Keystone Pipeline, despite creating thousands of jobs in the process.

Not allowing offshore drilling by this country or putting so much restriction that no one can do it, but giving millions in tax dollars to Brazil so they can do it. I guess Brazil doing it somehow makes the environment better than if America did it and they don't really need any restrictions either to get the money from the U.S.

Then hoping, there's that word again, Brazil will turn around and sell the oil we funded back to us, while we wait in line behind China who buys it up.

Obama wants to keep throwing millions at "green energy" ideas even though they keep failing and companies going bankrupt.

In reality, this isn't about making the planet better or saving the Earth. This is all about making the U.S. weaker and totally dependent on others for our energy. Not to mention making this country go further and further in debt, like Obama's plans will do.

Those that blindly support Obama can't even see the road we are going is making everyone's standard of living poorer and for some, there isn't much room to go even lower without being on food stamps or going on disability. Just look at the record numbers of those right now and climbing.

And yes, even Obama supporters and their standard of living will drop too, but they will be the last to figure that out. Obama has that "d" by his name and that is all they see and worry about.

Nobody in the U.S. has any control over oil prices. Oil prices are a result of the global market. Keystone won't guarantee anything for the U.S. The oil will be sold on the global market. When it comes to oil, the U.S. is a price taker. Why can't you learn this simple fact? If Romney gets elected and opens every field in the U.S. totally free of regulation, you know what will happen? The oil companies will say, "Sorry, Mitt. It's not worth it for us to drill those fields right now. Too expensive." Which is the same thing they tell Obama. The jobs of the Keystone Pipeline would be temporary, the environmental hazard will be borne by the American people, and any profit will go to the oil companies, tax free. Well, not only tax free, but taxpayer subsidized as well. Great deal.

[BroncoInferno]

Originally Posted by Rohirrim

I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.

Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things.

Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney.

Good post.

The reality is, the economy has improved in the last 4 years. When Obama came into office, the economy was hemmoraging 800,000 jobs a month. We've now had 31 straight months of job growth, 5.2 million job in total. That's improvement. Despite claims that Obama is bad for business, the stock market has doubled. That's an improvement. Big corporations are back to raking in record profits. The stimulus should have been bigger, but it nevertheless saved millions of jobs. The auto bailout saved thousands of jobs. Romney said he would have let them go bankrupt.

The right complains about bringing up Bush, but the reality is that no President gets to erase the chalkboard when he comes into office. It's completely fair to point what the starting point was in establishing context. Remember that little mini-recession that hit shortly after Bush first took office? The right said, "Hey, that's not his fault, what could he have done in just a few months to cause a recession!" And, you know what? There is definitely some truth there. But now they want to pin job losses on Obama that were happening before he even took office.

So, yeah, it's fair to bring up Bush in establishing a context for where the economy is now versus January 2009. And the reality is, it's gotten better by most economic factors. If it weren't the stated goal of the GOP to make sure Obama was a one-term President, we'd be even further along than we already are.

Anyway, the only "joke" is that dopes like Khan and barryr are going to vote for a guy who's just going to go back to neocon playbook that wrecked the economy to begin with.

[Bronco Yoda]

According to CNN this morning

Brand new studies by the Tax Policy Center show, once again, that Mitt Romney's tax plan is mathematically impossible.

Am I the only one here concerned that even his bull**** doesn't add up?

[TonyR]

The OP is a glutton for punishment! After getting obliterated in this thread http://www.orangemane.com/BB/showthr...=108047&page=5
yesterday he comes back for more.

Lets's see if I have this straight:

You mention jobs. Althought the employment situation still sucks (and will continue to) and Obama/congress need to do better the economy was shedding jobs at a rapid rate when he took over and is now adding jobs.

You mention foreign policy. Most people who have a clue about such things (you clearly do not) think that Obama has done a pretty good job on this front. Meanwhile, Romeny wants to bring back the Bush/Cheney team who did their best to destroy the country. All of Europe overwhelmingly supports Obama. Romney wants to expand our presence and involvement in the middle east. Disaster waiting to happen.

You mention the deficit. The situation isn't good right now for various reasons, but the wars and the massive recession are certainly a huge part of it. Meanwhile, you support a guy who is suggesting we should reduce taxes below the already historically low levels they're at now. Keep in mind that the rates in effect now are the result of tempory rates passed by Bush and expanded by Obama in the face of this massive recession. Romeny/Ryan want to go even lower and increase defense spending, but won't give us a clue how they plan to pay for it. I've got news for you: this will explode the debt.

On the banking/Wall St. front, Romney/Ryan want to reduce regulations on the banks. So he wants to further empower the people and industry that just about destroyed our country. Makes sense, right?

I can understand dissatisfaction with Obama. I can understand not liking him or his politics. I can understand a lack of faith in him. But without taking a step back and realizing what a Romney/Ryan administration will very possibly mean for this country you're voting blindly.

[Rohirrim]

Originally Posted by barryr

Probably because those attacking Romney in turn, defend any and everything about Obama. Yeah, I know, that is really hard for you to comprehend why someone would see that. But you're one that spouts BS of supposedly looking to vote for someone other than Obama, yet you defend him at all costs and go after Romney with even made up crap drummed up by the Obama, rooting liberal media. Or like now, tame and timid criticisms of Obama that are few and far between, while personally attacking Romney about anything, including his dog that make up countless threads and posts. You fool know one. You're voting for Obama so pretending you are some unbiased observer just doesn't wash other to those others trying to do the same thing. Guys like you will spout this "oh, I will vote for someone else" but some obscure thing will suddenly make you "see the light" and gee, surprise I will vote for Obama again like in 2008 because he promises to feed his cat or something.

You're one of those "binary thinkers" I was talking about. I think Romney is a liar, a huckster, a flim flam man, and a snake oil salesman who has made a living by fleecing suckers. Obama is a guy trained in the law who would do better in the court system than as an executive. He rose up as a community organizer, which is an environment where coalitions come together and work toward common goals. That ethic is no longer in operation in our federal government.

What Obama needed was some of the ruthlessness of a TR or LBJ. He's too tame for the position and seems shocked that nobody wants to play nice. Still, he's ten times better for the job than Romney will ever be. All Romney wants is the glory, the power, and the tax breaks for his cronies and himself. That makes for very bad governance. I'm voting for Rocky Anderson of the Justice Party. His goals match mine. Obama's do not. However, I still find the notion of four more years of Obama's cautious incrementalism far less damaging for the country than four more years of the neocon extremism that Romney will bring back to the WH.

In my view, Romney/Ryan = Scorched Earth.

[BroncoInferno]

Originally Posted by TonyR

You mention jobs. Althought the employment situation still sucks (and will continue to) and Obama/congress need to do better the economy was shedding jobs at a rapid rate when he took over and is now adding jobs.

According to Gallup, the unemployment rate is down to 7.3%: http://www.gallup.com/poll/158060/un...d-october.aspx

And before the righties claim Gallup is in the bag for Obama, note that they have Romney up in their likely voters poll 51%-45%. So, if they are in the bag for him, they are doing a poor job of it.

Meanwhile, Romeny wants to bring back the Bush/Cheney team who did their best to destroy the country.

As per your linked thread, Khan still won't explain why it isn't fair to wonder how much George Bush Romney has in him when he's got the same foreign policy team in place.

[ant1999e]

Originally Posted by Rohirrim

I don't know why people think that attacking Romney means the same thing as defending Obama. I guess people are so locked into the binary political model that you're either all one thing, or all another. Anyway, like I keep saying, no president could have fixed this destruction in one term. It could take twenty years, and that would be twenty years of prudent decisions and slow rebuilding. How many terms did it take for FDR to turn the Depression around. Three? And he was (mostly) unobstructed.

Since Congress refuses to take any action whatsoever, even that is not going to happen. The political stalemate has turned into an economic stalemate. The American people should be throwing every one of these bastards out on the street and starting over. Instead, they're probably going to elect another neocon and think that will fix things.

Anyway, Obama's monumental blunder was not in doing the stimulus and saving the banks. It was in not taking control of the banks, replacing their leadership, ending too-big-to-fail, and putting some of the thieves in jail. Unfortunately, many of those same thieves are probably now using their stimulus money to back Romney.

Funny that this post is full of Obama defense or rather excuses.

[barryr]

Originally Posted by ant1999e

Funny that this post is full of Obama defense or rather excuses.

He seems to think he is fooling anybody with labeling others close minded while pretending to be open minded with who is voting for. It sure makes sense he deems Romney every name in the book and excuses Obama for everything, but oh, he might vote green, or plaid, or some other color. Yep, real believable. The liberals believe the economy is improving. You can't really debate or discuss with people who are that in blind love with Obama to believe such foolishness.

[Irish Stout]

Originally Posted by ant1999e

Funny that this post is full of Obama defense or rather excuses.

We must not have read the same post... weird, you quoted what I read.

[Kaylore]

Real unemployment is above 10%. Most of those people "back to work" are doing low paying, part time work or have just fallen off the payrolls and aren't counted anymore towards unemployment even though they don't have jobs.

Obama's answer to the economy is footstamps and Burger King.

[ant1999e]

Originally Posted by Irish Stout

We must not have read the same post... weird, you quoted what I read.

Read it a little slower.

[Irish Stout]

The jobs are the same as when he came in... this is true. He believed that the stimulus and the green jobs industry would create more work than they have. However, the economy by all other standards is back. The Dow has maintained one of its all time highest levels for about a year and corporate profits are at an all time high. The housing market is in a clear upswing and retail sales are being reported as high as well.

So... what should Obama do to help out jobs? His jobs bill sucked and got shut down, but what else can and should he do? Honestly.

Also, isn't there a concern about Romney's tax proposal increasing the deficit and further hurting jobs and the economy?

Neither guy, nor either of the policies are perfect. To argue otherwise is futile.

[Irish Stout]

Originally Posted by ant1999e

Read it a little slower.

I did, and the first part is a slight defense, equating Obama to FDR and the Depression.

The rest, not so much.

But, we both know Ro prefers Obama to Romney, so I can understand you interpreting it all as excuses and defenses.

[TonyR]

Originally Posted by Kaylore

Obama's answer to the economy is footstamps and Burger King.

And Romney's is.............what, exactly? Beyond platitudes?

You guys act like the Obama admin are the only ones who underestimated the severity of this downturn. A large majority of economists and Wall St. were also overly optimistic.

I think we all agree on this: things are bad and need to get better. Unfortunately there are no quick, easy fixes. This is going to take time no matter who or what. But blaming the severity of this downturn, and the slow recovery from it, all on Obama is silly. But, it does make people feel better to have someone/something to blame.

[Traveler]

Originally Posted by Kaylore

Nice reply, Rohirrim. You've got nothing either, I see. Obama had both houses and a super-majority in the Senate for two years, and you guys are still saying "it's Bush's fault!"


Obama is a joke.

Might want to fact check this quote. Another republican myth. He did have a super majority , but for only six months, not two years.

[Traveler]

Originally Posted by Kaylore

Obama's answer to the economy is footstamps and Burger King.

Kaylore, I thought you were above this sort of rhetoric. My mistake.