Todd

I'm not going to be the "M" in the A2M I mentioned earlier.

That's all.

Oh you mean he flip flopped?

FIshy

Perhaps you also counted the days Bush took off dirt biking and cutting brush while proposing to send our troops into a disastrous war!

FIshy

First of all, get your claims straight. Republicans dont claim republicans are good for jobs. They claim that the private sector is good for jobs. Its the largest network of job creators, which no govt can or should compete with. Obama has shown, he will throw money at any losing concept, as long as it fits that agenda, like Solyndra and electric cars and Petrobas in Brazil. But he wont let private money create a pipeline to pump oil and sell it to whomever will buy it from a republican state. If you want to make Gasoline in North Dakota, then try and get an Obama permit for a plant. Good luck.

Private business does its own research to decide what product or services are needed and profitable. The fact is, the export of jobs is a function of population growth or growing standard of living, such as china and India. China highway system is expect to surpass the total miles in the US in our lifetime. Just like states compete, now countries compete. Excessive govt control raises the hassle and expense of creating a business or running it. Most commercial properties take a year from Demolition to construction, while they take weeks in other countries.

Govt promised more jobs thru more military bases, (which are closed only by non elected base commissions) and more post offices (which are closing) why? cause peace broke out a while back and we dont need to kill as many trees to write a letter. Govt responds much to slowly to dieing industries. They do have plans to kill a few, if they get a chance.

The Obama Administration counted census workers. How desperate is that? Did they subtract out all the lost jobs at Solyndra and the rest of the taxpayer funded losers? We still have to pay the interest on his 5 trillion in NEW debt. It takes over 300,000 new jobs per month, just to keep up with a new entries into the work force. No government can keep up that pace, unless you want to cull the population thru never ending war. Or you have every gas station attended and a cop on every corner.

The problem with Keynesian economics is, you eventually run out of other peoples money.

Blow jobs don't count.

Political News



60-day election sprint opens with weak jobs report

http://www.king5.com/news/politics/60-day-election-sprint-opens-with-weak-jobs-report-168908246.html

It's Bush's fault!

Quite the flocking convention

Bo has no F-in clue how to turn this around. I doubt romney does either. There again is no winner this election.

And the talk of RP being a thrown away vote is exactly what they all want you to believe. Dont throw your vote away we hear over and over. I ask how voting for either one of the two parties is not exactly that.......A thrown away vote. How many time do we have to all bang our heads against the wall before we stop and say, "shait, that hurts. I should quit doing that." Sending any sitting member of either party back is exactly that.

I know I know......it is the other guys fault. If only they were not holding my party back it would all be roses. To quote chuck......JFC! Grow a brain and a pair. Dont throw your vote away.

Here you go Fishy.

http://www.mittromney.com/blogs/mitts-view/2012/08/mitt-romneys-plan-stronger-middle-class01

Mitt Romney’s Plan for a Stronger Middle Class
A Plan For More Jobs And More Take-Home Pay

Energy Independence
• Increase access to domestic energy resources
• Streamline permitting for exploration and
development
• Eliminate regulations destroying the coal industry
• Approve the Keystone XL pipeline

The Skills To Succeed
• Give every family access to a great school and
quality teachers
• Provide access to affordable and effective higher
education options
• Focus job training programs on building valuable
skills that align with opportunities
• Attract and retain the best and the brightest from
around the world

Trade That Works For America
• Curtail the unfair trade practices of countries
like China
• Open new markets for American goods and services
• Build stronger economic ties in Latin America
• Create a Reagan Economic Zone to strengthen free
enterprise around the world

Cut The Deficit
• Immediately reduce non-security discretionary
spending by five percent
• Cap federal spending below twenty percent of
the economy
• Give states responsibility for programs that they can
implement more effectively
• Consolidate agencies and align compensation
of federal workers with their private-sector
counterparts

Champion Small Business
• Reduce taxes on job creation through individual and
corporate tax reform
• Stop the increases in regulation that are tangling job
creators in red tape
• Protect workers and businesses from strong-arm
labor union tactics
• Replace Obamacare with real health care reform
that controls cost and improves care

Sadly, not around my house.

I see this thread getting jacked!



Fishy

Stam loves it when anything's a wreck.

1. Bush tax cuts.

2. Medicare drug expansion...unpaid for.

There's two pretty good examples right there.

Fish on...

Todd

Wonder how many of those 368K that left the workforce are now on social security disability

Bwp. I do not remember any one holding a gun to Obamas head and forcing him to run. If memory serves he held his hand up volunteered and said he would clean it up in four years . Now , when he fails I am an angry white racist for holding him to his own promises? Fuk me if that's the new reality. Fuk us all if that's how it now works.

Bush went to congress numerous times about the impending mortgage meltdown and was basically told it wasn't a problem. Your hero Barnie Frank was implicit in the destruction of the economy.

shhhhhhhh facts will get you no kudos. The libs need Bush for a
scapegoat to cover their Azzes.

Office of the Press Secretary
October 9, 2008

Setting the Record Straight: Six Years of Unheeded Warnings for GSE Reform
The Washington Times Fails To Research The Administration's Efforts To Reform Fannie Mae And Freddie Mac









White House News




Setting the Record Straight
In Focus: Economy


Today, the Washington Times incorrectly accused the White House of ignoring warnings of trouble ahead for government-sponsored enterprises (GSEs) and neglecting to "adopt any reform until this summer," when it was too late. "Neither the White House nor Congress heeded the warnings, Fannie and Freddie retained strong bipartisan support during the 1990s and early part of this decade." (Editorial, "Hear, See And Speak No Evil About Fannie And Freddie," The Washington Times, 10/9/08)

Over the past six years, the President and his Administration have not only warned of the systemic consequences of failure to reform GSEs but also put forward thoughtful plans to reduce the risk that either Fannie Mae or Freddie Mac would encounter such difficulties. In fact, it was Congress that flatly rejected President Bush's call more than five years ago to reform the GSEs. Over the years, the President's repeated attempts to reform the supervision of these entities were thwarted by the legislative maneuvering of those who emphatically denied there were problems with the GSEs.

2001
•April: The Administration's FY02 budget declares that the size of Fannie Mae and Freddie Mac is "a potential problem," because "financial trouble of a large GSE could cause strong repercussions in financial markets, affecting Federally insured entities and economic activity." (2002 Budget Analytic Perspectives, pg. 142)

2002
•May: The Office of Management and Budget (OMB) calls for the disclosure and corporate governance principles contained in the President's 10-point plan for corporate responsibility to apply to Fannie Mae and Freddie Mac. (OMB Prompt Letter to OFHEO, 5/29/02)

2003
•February: The Office of Federal Housing Enterprise Oversight (OFHEO) releases a report explaining that unexpected problems at a GSE could immediately spread into financial sectors beyond the housing market.


•September: Then-Treasury Secretary John Snow testifies before the House Financial Services Committee to recommend that Congress enact "legislation to create a new Federal agency to regulate and supervise the financial activities of our housing-related government sponsored enterprises" and set prudent and appropriate minimum capital adequacy requirements.


•September: Then-House Financial Services Committee Ranking Member Barney Frank (D-MA) strongly disagrees with the Administration's assessment, saying "these two entities – Fannie Mae and Freddie Mac – are not facing any kind of financial crisis … The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing." (Stephen Labaton, "New Agency Proposed To Oversee Freddie Mac And Fannie Mae," The New York Times, 9/11/03)


•October: Senator Thomas Carper (D-DE) refuses to acknowledge any necessity for GSE reforms, saying "if it ain't broke, don't fix it." (Sen. Carper, Hearing of Senate Committee on Banking, Housing, and Urban Affairs, 10/16/03)


•November: Then-Council of the Economic Advisers (CEA) Chairman Greg Mankiw explains that any "legislation to reform GSE regulation should empower the new regulator with sufficient strength and credibility to reduce systemic risk." To reduce the potential for systemic instability, the regulator would have "broad authority to set both risk-based and minimum capital standards" and "receivership powers necessary to wind down the affairs of a troubled GSE." (N. Gregory Mankiw, Remarks At The Conference Of State Bank Supervisors State Banking Summit And Leadership, 11/6/03)

2004
•February: The President's FY05 Budget again highlights the risk posed by the explosive growth of the GSEs and their low levels of required capital and calls for creation of a new, world-class regulator: "The Administration has determined that the safety and soundness regulators of the housing GSEs lack sufficient power and stature to meet their responsibilities, and therefore … should be replaced with a new strengthened regulator." (2005 Budget Analytic Perspectives, pg. 83)


•February: Then-CEA Chairman Mankiw cautions Congress to "not take [the financial market's] strength for granted." Again, the call from the Administration was to reduce this risk by "ensuring that the housing GSEs are overseen by an effective regulator." (N. Gregory Mankiw, Op-Ed, "Keeping Fannie And Freddie's House In Order," Financial Times, 2/24/04)


•April: Rep. Frank ignores the warnings, accusing the Administration of creating an "artificial issue." At a speech to the Mortgage Bankers Association conference, Rep. Frank said "people tend to pay their mortgages. I don't think we are in any remote danger here. This focus on receivership, I think, is intended to create fears that aren't there." ("Frank: GSE Failure A Phony Issue," American Banker, 4/21/04)


•June: Then-Treasury Deputy Secretary Samuel Bodman spotlights the risk posed by the GSEs and calls for reform, saying "We do not have a world-class system of supervision of the housing government sponsored enterprises (GSEs), even though the importance of the housing financial system that the GSEs serve demands the best in supervision to ensure the long-term vitality of that system. Therefore, the Administration has called for a new, first class, regulatory supervisor for the three housing GSEs: Fannie Mae, Freddie Mac, and the Federal Home Loan Banking System." (Samuel Bodman, House Financial Services Subcommittee on Oversight and Investigations Testimony, 6/16/04)

2005
•April: Then-Secretary Snow repeats his call for GSE reform, saying "Events that have transpired since I testified before this Committee in 2003 reinforce concerns over the systemic risks posed by the GSEs and further highlight the need for real GSE reform to ensure that our housing finance system remains a strong and vibrant source of funding for expanding homeownership opportunities in America … Half-measures will only exacerbate the risks to our financial system." (Secretary John W. Snow, "Testimony Before The U.S. House Financial Services Committee," 4/13/05)


•July: Then-Minority Leader Harry Reid rejects legislation reforming GSEs, "while I favor improving oversight by our federal housing regulators to ensure safety and soundness, we cannot pass legislation that could limit Americans from owning homes and potentially harm our economy in the process." ("Dems Rip New Fannie Mae Regulatory Measure," United Press International, 7/28/05)

2007
•August: President Bush emphatically calls on Congress to pass a reform package for Fannie Mae and Freddie Mac, saying "first things first when it comes to those two institutions. Congress needs to get them reformed, get them streamlined, get them focused, and then I will consider other options." (President George W. Bush, Press Conference, the White House, 8/9/07)


•August: Senate Committee on Banking, Housing and Urban Affairs Chairman Christopher Dodd ignores the President's warnings and calls on him to "immediately reconsider his ill-advised" position. (Eric Dash, "Fannie Mae's Offer To Help Ease Credit Squeeze Is Rejected, As Critics Complain Of Opportunism," The New York Times, 8/11/07)


•December: President Bush again warns Congress of the need to pass legislation reforming GSEs, saying "These institutions provide liquidity in the mortgage market that benefits millions of homeowners, and it is vital they operate safely and operate soundly. So I've called on Congress to pass legislation that strengthens independent regulation of the GSEs – and ensures they focus on their important housing mission. The GSE reform bill passed by the House earlier this year is a good start. But the Senate has not acted. And the United States Senate needs to pass this legislation soon." (President George W. Bush, Discusses Housing, the White House, 12/6/07)

2008
•February: Assistant Treasury Secretary David Nason reiterates the urgency of reforms, saying "A new regulatory structure for the housing GSEs is essential if these entities are to continue to perform their public mission successfully." (David Nason, Testimony On Reforming GSE Regulation, Senate Committee On Banking, Housing And Urban Affairs, 2/7/08)


•March: President Bush calls on Congress to take action and "move forward with reforms on Fannie Mae and Freddie Mac. They need to continue to modernize the FHA, as well as allow State housing agencies to issue tax-free bonds to homeowners to refinance their mortgages." (President George W. Bush, Remarks To The Economic Club Of New York, New York, NY, 3/14/08)


•April: President Bush urges Congress to pass the much needed legislation and "modernize Fannie Mae and Freddie Mac. [There are] constructive things Congress can do that will encourage the housing market to correct quickly by … helping people stay in their homes." (President George W. Bush, Meeting With Cabinet, the White House, 4/14/08)


•May: President Bush issues several pleas to Congress to pass legislation reforming Fannie Mae and Freddie Mac before the situation deteriorates further.

◦"Americans are concerned about making their mortgage payments and keeping their homes. Yet Congress has failed to pass legislation I have repeatedly requested to modernize the Federal Housing Administration that will help more families stay in their homes, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow state housing agencies to issue tax-free bonds to refinance sub-prime loans." (President George W. Bush, Radio Address, 5/3/08)


◦"[T]he government ought to be helping creditworthy people stay in their homes. And one way we can do that – and Congress is making progress on this – is the reform of Fannie Mae and Freddie Mac. That reform will come with a strong, independent regulator." (President George W. Bush, Meeting With The Secretary Of The Treasury, the White House, 5/19/08)


◦"Congress needs to pass legislation to modernize the Federal Housing Administration, reform Fannie Mae and Freddie Mac to ensure they focus on their housing mission, and allow State housing agencies to issue tax-free bonds to refinance subprime loans." (President George W. Bush, Radio Address, 5/31/08)

•June: As foreclosure rates continued to rise in the first quarter, the President once again asks Congress to take the necessary measures to address this challenge, saying "we need to pass legislation to reform Fannie Mae and Freddie Mac." (President George W. Bush, Remarks At Swearing In Ceremony For Secretary Of Housing And Urban Development, Washington, D.C., 6/6/08)


•July: Congress heeds the President's call for action and passes reform legislation for Fannie Mae and Freddie Mac as it becomes clear that the institutions are failing.


•September: Democrats in Congress forget their previous objections to GSE reforms, as Senator Dodd questions "why weren't we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem? … I have a lot of questions about where was the administration over the last eight years." (Dawn Kopecki, "Fannie Mae, Freddie 'House Of Cards' Prompts Takeover," Bloomberg, 9/9/08

Government Employment

During today’s round table on ABC, Rand Paul seemed shocked at my claim that government employment is down under Obama. Of course, it is. But maybe he’s thinking of the fact that since govt employment rose under Bush, we’re still at higher absolute levels than we were a decade ago.

That is, however, a strange comparison: other things equal, you’d expect government employment to grow with population (remember, the typical government employee is a schoolteacher). And here’s what has happened to government employment per capita:

I know Republicans know, just know, that government has surged under Obama. But it ain’t so.

http://krugman.blogs.nytimes.com/2012/09/09/government-employment/

Fishy