barry is down for the fight for the destruction of free markets alinsky style

[Just Win]

the saul alinsky style destruction of the free markets saul alinsky style, ready and roaring link =

http://www.reuters.com/article/topNews/idUSTRE51R0PM20090228?feedType=RSS&feedName=topNews&sp=true


"Let's do it Chicago deep dish Saul Alinsky thug style and mail them a
dead fish. The media will love it! By the time theses public educated
lame brains figure it out, they, and their posterity yet born, will be so
burdened by all the Chinese debt we will have destroyed capitalism in
the USA.  Live for today and keep the poll numbers high and the
liberal media happy baby! Tell Axelrod to get on it."

[TheAngryVoice]

That doesn`t matter. What matters in minimum wage has gone from $1.60 per hour to $7.25 per hour in the last fifty years and I have tricky little ways to make 1.60 more than 7.25......Signed~~NoClueVol

[NCVol]

I think the wage figures illustrate a fundamental economic problem.  If you don't think so, fine.   

Household debt, in billions:

http://www.federalreserve.gov/releases/z1/Current/z1r-2.pdf

1975 -     735
1980 -  1,980
1990 -  3,597
2000 -  7,010
2008 - 13,914

If that trend looks good to you, then keep the faith, it will all work out, the fundamentals of the U.S. consumer (70% of the economy) are STRONG!!!  What could possibly go wrong when consumers cannot continue to borrow at an accelerating rate and actually (oh the horror of it all) SAVE money for a change? 

gross domestic product declined at a 6.2% annual rate in the fourth quarter of 2008,

[Just Win]

I think the wage figures illustrate a fundamental economic problem.  If you don't think so, fine.   

Household debt, in billions:

http://www.federalreserve.gov/releases/z1/Current/z1r-2.pdf

1975 -     735
1980 -  1,980
1990 -  3,597
2000 -  7,010
2008 - 13,914

If that trend looks good to you, then keep the faith, it will all work out, the fundamentals of the U.S. consumer (70% of the economy) are STRONG!!!  What could possibly go wrong when consumers cannot continue to borrow at an accelerating rate and actually (oh the horror of it all) SAVE money for a change? 

since you are such an expert with charts, show us the dow chart since barry took office until today.

[TheAngryVoice]

What did you expect the market to do......the burger flipper wage drives the market......signed~~~~NoClueVol.

[NCVol]

Yep, this all started January 20.  I mean, up until that point, we were only losing around 500,000 jobs per month for the previous five months with the worst Christmas season in decades and with the Fed doing things to save banks that had NEVER been done before, but it would have all been OK if only McCain was elected and either 1) did nothing or 2) cut taxes since we know there isn't a problem on earth that can't be solved by ignoring it or cutting taxes.  Bush did a stellar job of both for eight years with the economy.  Neglect was his guiding strategy.  Let the free markets work, they'll do fine, if it is good for the big donors it's good for the country! 

[NCVol]

What did you expect the market to do......the burger flipper wage drives the market......signed~~~~NoClueVol.

FWIW, it's the debt, stupid. 

Low wages, stagnant living standards, easy debt to pretend prosperity = where we are today.  Did you look at that graph?  ACCELERATING debt starting with Clinton and through 2006.  What a surprise, a trend that cannot go on forever stopped, and GDP shrank by 6%.  Huh, imagine that. 

[Just Win]

FWIW, it's the debt, stupid.  

Low wages, stagnant living standards, easy debt to pretend prosperity = where we are today.  Did you look at that graph?  ACCELERATING debt starting with Clinton and through 2006.  What a surprise, a trend that cannot go on forever stopped, and GDP shrank by 6%.  Huh, imagine that.  

NVC,

Now that we have had time to think about your post above from over one year ago, do you still want to stand behind it or have you changed your mind? The latesest {February 2010) jobless numbers are in per the Obama Labor department.  The Jobless rate is at an incredible 9.7% and holding. This is in spite of passage of the Obama/Pelosi/Reid China-Debt Stimulus Bill the President told us was going to keep the jobless rate below 8.5%.


Keynesian economist and Obama economic Czar Dr. Larry Summers falls
asleep at one of the many Obama economic summits. Dr. Summers
along with Treasury Secretary Timmy Geithner are considered to be
the brain trust behind the Obama economy.

What in the world happened? These debt numbers and jobless numbers are not bearing you out on this one.


The yoke of generational debt looms large for future Americans not even yet born.