We're still waiting for that stinking Kenyan socialist to destroy the economy

[Freeper]

riqster (3,448 posts)

We're still waiting for that stinking Kenyan socialist to destroy the economy


 
Last edited Wed Mar 6, 2013, 07:28 AM USA/ET - Edit history (1)

A short, brutally sarcastic post about how the President has been portrayed, and how that fails to reflect reality: http://bluntandcranky.wordpress.com/2013/03/06/still-waiting-for-the-stinking-kenyan-socialist-to-destroy-the-economy/

http://www.democraticunderground.com/1251292138

Yeah because the economy is doing so well. 

riqster (3,448 posts)
1. Here's the text:

Still Waiting For the Stinking Kenyan Socialist to Destroy the Economy…you know, like the pundits and media were saying would happen if he got elected. And then the Congress said ever since he got elected. And then the same thing after he got re-elected. Still no destroyed economy. In fact, the economy seems to keep getting better and better.

So…if the economy hasn’t been destroyed like they said it would…maybe Obama isn’t the stinking Kenyan socialist they said he was?

Naaaaaah. Don’t be ridiculous.

 

This is why America is doomed, people are DUmb enough to believe that the economy is good.

[Dori]

Still no destroyed economy. In fact, the economy seems to keep getting better and better.

Comparing 2007 to now


Regular Gas Price: Then $2.75; Now $3.73
GDP Growth: Then +2.5%; Now +1.6%
Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
Americans On Food Stamps: Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
US Deficit (LTM): Then $97 billion; Now $975.6 billion
Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
Consumer Confidence: Then 99.5; Now 69.6
S&P Rating of the US: Then AAA; Now AA+
VIX: Then 17.5%; Now 14%
10 Year Treasury Yield: Then 4.64%; Now 1.89%
Gold: Then $748; Now $1583
NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares

[ChuckJ]

riqster (3,448 posts)
1. Here's the text:

Still Waiting For the Stinking Kenyan Socialist to Destroy the Economy…you know, like the pundits and media were saying would happen if he got elected. And then the Congress said ever since he got elected. And then the same thing after he got re-elected. Still no destroyed economy. In fact, the economy seems to keep getting better and better.

So…if the economy hasn’t been destroyed like they said it would…maybe Obama isn’t the stinking Kenyan socialist they said he was?

Naaaaaah. Don’t be ridiculous.

You DUmb piece of shit. The economy doesn't even seem to be getting better and better on the echo chamber of Obama acolytes that is the cesspool known as DU. Imagine what it's like in the real world.

[beefeater]

Well look at it this way.

98% of the Bush tax cuts have been made permanent and the "draconian" budget cuts are in place without the world ending so maybe Wall Street is feeling that Obama is being neutered a bit.

Oh he can still do damage, but maybe he can be slowed down.

[Dori]

maybe Wall Street is feeling that Obama is being neutered a bit.

The only reason Wall Street is feeling good is because Bernanke has been printing 85 billion a month. 

According to Jim Cramer from CNBC

 "we all know it's going to end badly, but in the meantime we can make some money"

[marv]

The economy destroyed? Not yet, but it's on its way. The roadblock right now is the Republicans still control the house where money bills originate.

We need the Senate to stop this mad man in the oval office.

[98ZJUSMC]

The only reason Wall Street is feeling good is because Bernanke has been printing 85 billion a month.  

*ding*  *ding*  *ding*  

...and the coming deeper recession is gonna hurt.

the economy seems to keep getting better and better.

.....every fill-up.

the economy seems to keep getting better and better.

.....every grocery run.

the economy seems to keep getting better and better.

.....every estimate I get to re-roof.

the economy seems to keep getting better and better.

.....every electric bill.

The economy destroyed? Not yet, (...)

Of course, not.  Not when you can arbitrarily eliminate detrimental figures and make inconvenient people statistically disappear; all to rousing cheers of the State Media regurgitating lies from the Ministry of Truth.

That eventually ends, (D)Ullards.

[J P Sousa]

The only reason Wall Street is feeling good is because Bernanke has been printing 85 billion a month.  

According to Jim Cramer from CNBC

 "we all know it's going to end badly, but in the meantime we can make some money"

That's exactly what I'm hearing.

I think this says it pretty well;

 Unfortunately for the economy, which has ceased to correlate to the stock market courtesy of the Federal Reserve, the stock market and the underlying fundementals, in this case jobs, are now completely independent. The chart below shows that while the stock market may be at its pre-recession levels, the employment situation has only managed to recoup half the total lost jobs, and with 4 million jobs still to go before all the jobs lost are recovered, it is very likely that not even by the end of Obama's second term will the economy have regained all the lost jobs since December 2007.  



http://www.zerohedge.com/news/2013-01-26/stock-market-back-december-2007-levels-here-what-isnt

I think it's interesting to note that about April 2010 the economy started to recover like a normal recovery BUT Obama's HELLcare was enacted and the economy leveled out to a painfully SLOW recovery.
.

[hillneck]

Wasn't it just the other day the DUmbasses were bitching about not having a pot to piss in.  I wish they would make up their mind on anything. 

[JohnnyReb]

Wasn't it just the other day the DUmbasses were bitching about not having a pot to piss in.  I wish they would make up their mind on anything. 

There you have it......if you've got nothing, can lose nothing and live on government handouts, you have nothing to measure the economy against. Unlike the ocean tides, the economy neither rises nor falls in their world.

[BlueStateSaint]

There you have it......if you've got nothing, can lose nothing and live on government handouts, you have nothing to measure the economy against. Unlike the ocean tides, the economy neither rises nor falls in their world.

Sure it does--they just haven't seen those effects yet.  When hyperinflation kicks in, they will.

[DumbAss Tanker]

A., Thank God the Dems didn't take the House, and B., the meteoric rise in stock prices is completely divorced from what is actually happening in the domestic economy (As several have noted, due largely to the on-going stealth QE3 of Bernanke's).

[NHSparky]

Showing once again there's a HUGE disconnect between Wall Street and Main Street, even with over 50 percent of Americans either directly or indirectly owning stocks.

And yeah, once the money pump stops, the Dow will correct, and it won't be pretty.  Another decade, another bubble.

[Freeper]

Showing once again there's a HUGE disconnect between Wall Street and Main Street, even with over 50 percent of Americans either directly or indirectly owning stocks.

And yeah, once the money pump stops, the Dow will correct, and it won't be pretty.  Another decade, another bubble.

It will all be Bush's fault.

[Wineslob]

I seem to remember the DUmbshits crying and screaming about the "horrible Bu$h economy" when the unemployment rate was around 5%. Now it's "stuck", using bogus numbers, at 8% and all is good?

 

[Dori]

It will all be Bush's fault.

Obama is now trying to pass the fault baton to the Congressional Republicans.

The Bush meme was getting a little stale.

[GOBUCKS]

Obama is now trying to pass the fault baton to the Congressional Republicans.

The Bush meme was getting a little stale.

This is nothing. While the Depression was going on, New Deal democrats blamed Hoover for ten years.

[Freeper]

This is nothing. While the Depression was going on, New Deal democrats blamed Hoover for ten years.

I still blame Hoover!

[Freeper]

Obama is now trying to pass the fault baton to the Congressional Republicans.

The Bush meme was getting a little stale.

Ok I stand corrected. He will blame Bohner and the sequester.

[JohnnyReb]

This is nothing. While the Depression was going on, New Deal democrats blamed Hoover for ten years.

Hell man, those old enough to have been born during the depression still do. I see one almost every morning that believes democrats and FDR were god's gift to the world.

[SSG Snuggle Bunny]

So, if I read this correctly it mocks the critics of Obama by caiming they were wrong and are to be discredited because the economy is NOT (by their estimations) in the shitter.

So...

...what does that mean when liberals who cling to this exoneration of the president know they are lying when they claim the GOP is responsible for driving the economy into the shitter since they claim the economy is not in the shitter?

[thundley4]

So, if I read this correctly it mocks the critics of Obama by caiming they were wrong and are to be discredited because the economy is NOT (by their estimations) in the shitter.

So...

...what does that mean when liberals who cling to this exoneration of the president know they are lying when they claim the GOP is responsible for driving the economy into the shitter since they claim the economy is not in the shitter?

The economy isn't in the shitter even though 99% of the DUmmies are worse off than they were during the Bush Depression, but if it was, then it would be the rethuglicans fault.

[SSG Snuggle Bunny]

The economy isn't in the shitter even though 99% of the DUmmies are worse off than they were during the Bush Depression, but if it was, then it would be the rethuglicans fault.

But they're powerless to say anything that might reflect poorly on Obamafuhrer.

If they say the economy is good we are free to contradict them and blame Obama.

If they try to blame the GOP we can state that a REAL leader would be able move a recalcitrant opposition.

Just point out how Bush got his war with plenty of Dem votes.

If they claim the GOP won't move because Obama is half non-white ask why Pelosi et al authorized Bush's wars even though they claim they were immoral. Was it just Pelosi's act of racial solidarity?