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obama cooking the unemployment books

Discussion in 'Politics, Elections & Legislation' started by TOOLMAKER 251, Feb 7, 2012.

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  1. TOOLMAKER 251

    TOOLMAKER 251 Active Member

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    As the election years progress's barry & co. have been cooking the UE books to make him look good. There should be a congressional investigation into the labor department's spewing propaganda. I wonder what Gene7777777 thinks about these loonies at newsmax posting information like this?
     
  2. daddiooo

    daddiooo TS Supporters TS Supporters

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    Of course they are cooking the books....they manipulate everything to their benefit. (aka: spin control) It's right out of chapter one in the democrat playbook.
     
  3. g7777777

    g7777777 TS Supporters TS Supporters

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    You do wonder about that figure- and how many measurements do we actually have on it?

    Regards from Iowa

    Gene
     
  4. Stl Flyn

    Stl Flyn Well-Known Member

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    There is no way any president before him has done this. Nope. Au-ah.

    The problem is it can't be measured because of the people that are off of unemployment, because they ran out of benefits, and it does not take into account for the underemployed. The people that are working, but are slowly sinking, because they can't find a job that they are qualified for, with the income they once had.
     
  5. John Galt

    John Galt TS Member

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  6. ebsurveyor

    ebsurveyor Member

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    What do you call 500 politicians at the bottom of the ocean?

    A START!
     
  7. Stl Flyn

    Stl Flyn Well-Known Member

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    An analysis by Joseph Curl of the Washington Times shows the labor force as a percentage of the available population hit 66 percent in October 1988, and remained there throughout the presidency of George H.W. Bush. It then reached 67 percent or better for 40 straight months during President Bill Clinton’s presidency,

    and was above 66 percent for virtually all of President George W. Bush’s presidency.


    Kind of like this sentance above. It gives you the impression of a good number, but it does not tell you what the number was when Bush left office. Likely showing the starting decline. Must be a right leaning media outlet. What? It can't be true! This ain't radio!
     
  8. stokinpls

    stokinpls Well-Known Member

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    I do remember when Bush inherited Clinton's and Greenspan's recession (how many interest rate increases did Greenspan spew out?)and the unemployment rate "ballooned " up. All we heard about was how 'Clinton had the unemployment rate down to an unbelieveable 4.6%". Bush's bunch said they were going to create 2 million jobs and the MSM and the lib socialists laughed.

    Somehow, dumb old George's bunch created 6 million jobs and got the unemployment rate down to 4.2% Granted, they were likely jobs in the housing industry, generated by the Dodd-Franks Fannie Mae/Freddy Mac ponzi scheme, but people were working. Surprise! When the house payments/construction loans came due and people with no income were asked to pay them, you ended up in "ForeClosure World". Heard 'em say on the radio the other day that 19% of the homes in Florida are unoccupied. Dang it Bush, what did you do?!?
     
  9. Barrelbulge(Fl)

    Barrelbulge(Fl) TS Supporters TS Supporters

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    Stokinpls. The housing problem, if you trace it back, started with Goobers (Carter) with his keep the money in the neighborhood program (not the exact name). Then it was expanded with the Clintons pushing the lending institutions to make loans that were essentially un-backed. Bad notes. When I was in the Mortgage business in the early 70's there were guide lines for mortgage loans. They were Min. 10% deposit, mortgage pmt. couldn't exceed 1 weeks pay, house that was being purchased could not be more the 2 1/2 times your annual income.

    The loans that I serviced were all FHA and Va. mortgage loans and the Fannie Mae people insisted on a delinquency rate of all loans not exceed %6 at the end of the month. Frank and Dodd pushed to loosen up loan requirements and thereby fudged up the whole market. You cannot make loan requirementa easier and at the same time make the collection process more difficult to collect your delinquent accounts. That is a deadly combination when it comes to a profit and loss statement. This is the major cause of the housing problem. Bad loans. Mike.
     
  10. bkt514

    bkt514 Active Member

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    I am not particularly an Obama fan, he just does not do it for my household and family. I am on the short end of "middle-class" America, and yes planning on working as long as I have to in an effort to keep my modest home and property. BUT, I do not see this Romney guy doing much for me, and he will have a hard time unseating Obama!
     
  11. letts

    letts TS Member

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    Baby boomers are retiring by the thousands = less people out of work


    Letts
     
  12. shannon391

    shannon391 Active Member

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    They only new jobs I see are kids twirling sings out in front of struggling store fronts. Just seen a guy holding a sign, dressed like the statue of Liberty out front of a tax prepares office.

    These are some great new jobs were adding here.
     
  13. halfmile

    halfmile Well-Known Member

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    Lots of government jobs have been added.

    2 million regular folks have stopped looking or run out of benefits, so they aren't counted.

    Most people are not fooled by this.

    HM
     
  14. halfmile

    halfmile Well-Known Member

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    Check out the chart at the above link. The true rate is 22 per cent.

    HM
     
  15. grnberetcj

    grnberetcj Active Member

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    We have to vote in November,,,,

    Curt

    [​IMG]
     
  16. Barrelbulge(Fl)

    Barrelbulge(Fl) TS Supporters TS Supporters

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    The real rate is higher than in the depression of the 20's. Mike.
     
  17. Stl Flyn

    Stl Flyn Well-Known Member

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    I bet that sign originally said, I used to be a loud mouth in your face, degrading Republican, before I got laid off, and lost my house, wife, kids, dog, etc., now I need your help. LOL. He can't be a Democrat because according to you guys, he wouldn't be asking to work on his other sign. It would say please give me food. LOL. It has been photo shopped.
     
  18. Setterman

    Setterman Well-Known Member

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    If you can't see what the liberals and Fanny Mea and Freddie Mac did to the housing market and the economy, you are blind or ignoring facts.

    Proof: Unemployment, housing values, new lending laws, increase in Federal employees and rising national debt. It all started with the call on bogie loans leveraged to the hilt.

    Republicans are to blame too cause they let it continue through the Bush years because it was politically corect, "feel good" crap.
     
  19. Stl Flyn

    Stl Flyn Well-Known Member

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    It certainly got the economy rolling and no one wanted to stop it. Greenspan warned of this for years before it happened. He kept bringing up the bursting bubble in the housing market. And yes they where during the Bush years, but who was going to stop the party. Everyone was fighting for the glory.
     
  20. Barrelbulge(Fl)

    Barrelbulge(Fl) TS Supporters TS Supporters

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    That's not entirely true. I'm sure I can dig up an old you tube video where bush and someone else in his administration went before congress to complain and warn about Fannie Mae. They were assured there were no problems. The man (I use that loosely) was Barney Frank. Maybe I should have said the 'Shim' instead of man. Mike.
     
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