Polling data show that Mr. Obama's approval rating is dropping and is below where George W. Bush was in an analogous period in 2001.
click my polls
come'on there Leftard - tell us that Bush is to blame for Obama's numbers falling faster than the stock market
30 comments:
Could it be the Kool-Aid is wearing off? Might it be that reality is setting in? (LOL) There's noting i enjoy more than watching leftists come face-to-face with reality. Reality is to a leftist, what sunlight is to a vampire.
Didn't take long!
"Stephen Schwarzman, the chief executive officer of private equity company Blackstone Group LP, told Reuters that between 40 and 45 percent of the world's wealth had been destroyed in the past year and a half.
"This is absolutely unprecedented in our lifetimes," he said.
Consider the following, also reported by Reuters:
* The Asian Development bank estimated that financial assets lost around the world may have amounted to over $50 trillion in value, a collapse of wealth equivalent to a year's worth of world economic output.
* The World Bank concluded that the volume of world trade in 2009 will fall for the first time since 1982, suffering the biggest decline in 80 years.
* The World Bank also predicted that world gross domestic product, or GDP, will decline for the first time since World War II, with the likelihood world GDP will experience a decline of 5 percent over 2008 figures.
* China, the largest exporter among emerging economies, has seen 20 million jobs disappear, while India reports three million jobs were lost because of shrinking exports.
* The Institute of International Finance, a Washington think-tank, reported net private flows to emerging markets declined 50 percent in 2008, to less than $500 billion; net private capital flows to emerging markets in 2009 are expected to decline even further, to $165 billion.
* The World Bank anticipates that 98 developing countries will face a cumulative financing gap between $270 billion and $700 billion this year.
The Dow Jones Industrial Average reached its peak above 14,400 in July 2007. Currently, the DJIA is trading in the range of 7,000, leaving the stock market with only half its peak value."
But Obama sez "the national crisis is not as bad as we think"
who is right????
Here's the bad part about electric kool-aid I hate.
It leaves you all tired and funky feeling. You get that "trippin grungies" thing, where you're greasy and dirty. Your clothes have that fear stink from when thought there was a GIANT six inch white grub with a blue belly in the silverware drawer. But after hiding, and sweating, behind the shower curtain for two hours, you realize it's NOT a giant grub, it's two packages of Horsey Sauce from Arby's laying in there nose to tail. And you're brand new, tie dyed, Jimi Hendrix t-shirt is stained from the Coca-Cola that sprayed all over you when you opened the can with the the can opener you bravely retrieved after killing the two packages of Horsey Sauce with an ice pick. The coke can was all shaken up, and sprayed all over the kitchen, from dropping it, when the grubs started speaking Russian when you first opened the silverware drawer. Your hair is wet from either sweat, shampoo or Horsey Sauce and Cola, and BTW, is that Cola or pee on my pants?
Wait, this WAS about electric kool-aid, right?
.
.
Wait
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.
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NOPE, liberal-dem, foolishness, kool-aid. Yep Obama is a loser alright.
Damn Steve, that was F-ing funny.
Abu,
funnier still if you were there and lived to tell it, or any other such Cheech and Chongery from the 1970's.
Ever see the movie "John Goldfarb, Please Come Home"?
I once had to "babysit" one of my buds who was watching that while zonked. Not pretty, not pretty at all. It's about some minor State Dept guy, arranging for the Notre Dame football team, to play a game, and losing, against an all Arab team, to get an oil contract from some Arab Emir.
Bizarre at best, not good fodder for post kool-aid partying.
And, although my dad is dead now, and the '70s are LONG gone, as long as Red Forman is on TV, I'll always have dad around. As will millions of other Erics from those days.
http://en.wikipedia.org/wiki/Greed
He still has my pole rising
My friend just emailed me a musing, and I thought I would pass it on:
Did you realize that the desk where President Obama signed the Stimulus Package is the same desk where President Clinton had his package stimulated?
wait a minute - didn't Obama sign the stimulus bill in private???
and if he wasn'r a ni....
ce guy, of the people, it would be much lower, much sooner
The wealth was never really there. It was on paper and the paper is gone.
Good one Heidi... LOL
Damn.
8:25 HST and it's lonely here in the middle of the Specific Oblivion.
You all are IN BED.
Oh well - "Independence Day" is coming to it's last few scenes.
At leaset I get to see us (US) kick some alien ass.
Cool! :-)
Bill,
you are absolutely right. And as harsh as this may sound, did this shake the costs of goods BACK to realistic levels?
I know here, housing and vehicles are selling for a more reasonable, and realistic, values. IMHO, there was no need for a 2000 sqft house to be $200K, or a nine y/o mini-van or car to be only $2000 cheaper than a new one.
Moreover, there is talk, from cities and counties, of "allowing" home builders to create developments of [GASP] less expensive, smaller, starter homes. I don't know about everywhere, but the few places I have knowledge about, new houses had to be at least 3 BR / 2BA, garage, 2000 sqft or bigger. The thinkiong is that smaller less expensive homes draw in lower class buyers. It's ridiculous, and offensive. Plenty of us grew up in 1300 sqft 3 BR / 1.5 BA houses. It doesn't make us lower class, stupid or un-teachable. I grew up in rented houses and apartments, it has no relation to my intelligence.
It's a shame that working, responsible adults, who've kept up their mortgages are caught upside down in houses that are only worth 80% or less, of what they paid for them.
It's helping plenty of people like me. We're looking at unrestricted land, most with small houses or almost new double / triple wides, for $65K to $90K. I looked at a fixer upper double wide, 2.44 acres, animals and future building OK, even alternative housing, for $45K. I'm also looking at a 2 y/o double wide on 3.3 acres, unrestricted, for $79K. Buuying one of those saves me hundreds of dollars in rent, puts equity in my pocket, and gives me a tax break.
Everybody wins, except my landlord and the IRS. Uh, screw THEM!!
I agree that it sucks for those who speculated on the real estate market continuing to rise, to buy bigger houses than they could really afford. But that's why they call it SPECULATION, not GUARANTEE.
between 40 and 45 percent of the world's wealth had been destroyed in the past year and a half.
Almost all of it thanks to the policies of republicans over the last decade.
But Obama sez "the national crisis is not as bad as we think"
He's criticized as a fear-monger when he warns us how bad it is, criticized as out of touch when he tries toe reassure us.
Do you see what impossible assholes you conservatives are?
/!\ /!\
! !
! !
! !
EAT ME!!!!!!!!!!!!!!!!!!
we are just as impossible as you were when Mr Bush was president
"Almost all of it thanks to the policies of republicans over the last decade"
So your (idiot liberal) contention is that we are SOOOO powerful that we run and control the worlds ENTIRE economy? And NO ONE had the presence of mind WORLDWIDE, to set themselves up to sell short, when we were going long? More of our power? The power to keep traders worldwide from trading to their advantage, and against our profit margins and cash?
You're dumber than I thought.
If what you espouse is true, then why do markets exist in other countries? If there is NO possibility of winning or losing other than by American gains and losses, how do those markets operate?
And here's a hint, when I say "market", I mean stocks, bonds, commodities, etc. I don't mean Ralph's, Big Bear, Kroger or Piggly Wiggly.
Dickhead.
Republicans and their counterparts from all over the world are responsible for this mess.
I knew it would happen. I predicted the death of global capitalism would occur shortly after the wall fell.
And it is.
Tell your kids I said not to hate you too much for making it all possible.
Dickhead @ March 14, 2009 11:11 AM
Well, blow me down. Just when I thought Dickhead could get anymore stupid BAMB! it makes an even bigger fool of itself.
ah HLF - you better root for us -the Republicans are the only ones that can save the world from becoming a Marxist Islamic State...
you better hope that your kids will thank us instead of cursing you
here is an honest question for HLF. given is statement - "I predicted the death of global capitalism would occur shortly after the wall fell."
do you think that the economy would not be in the toilet if ALGORE had won ??
HLF wasn't even born yet when the wall fell. He's such a liar
I don't believe anything would be this bad had republicans had not controlled the country for so long.
I honestly believe conservatism to be like a disease of the mind, a limitation on a person's humanity, a stain on the soul. It is inherently evil and it's adherents a subspecies of humans.
I hope to live out my days with as little contact with conservatives as possible.
I would not root for republicans. It's not likely I would piss on a republican on fire much less support one. They are simply the worst people on the planet.
You all note that HLF speaks like a true communist.
His little rendition of "conservatism is a disease of the mind" is a direct plagiarism of Michael Savage and psychiatric studies of the liberal mind. He simply reversed the roles. That’s really pitiful. He’s such a empty shell. In fact he has no personage at all – he’s a member of the collective. He is a sheep in the communist flock.
Has he ever had an original thought? No. Having an original thought would scare him so badly he’d wet his pants. He is an admitted and proud communist, and to his new little “g” god (the big empty Zero) individual thought is prohibited – individuality is a sin. Obamunism commands empty minds and absolute adherance to collectivism.
It must suck to be him. But then they say ignorance is bliss.
He “truly believes” nothing. He’s an empty whiff of smoke that may be disbursed with a wave of the hand.
QUOTABLE QUOTES
"But as long as the nation is obsessed with historic milestones, is no one going to remark on what a great country it is where a mentally retarded woman can become speaker of the house?"
– Ann Coulter
"Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny."
Thomas Jefferson
Anonymous @ March 14, 2009 9:17 PM
He-he-he. Good quote.
Hey, my feelings are hurt. HLT totally missed my point!!
Yo, shit for brains, Some people did make money on this. Unfortunately it might bite us in the ass, but money wasn't lost everywhere in the world. There is at least one country that profited from this.
10 bucks says you haven't a clue.
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