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The economy. It's not going anywhere counting. Economy going down is right. work for, the largest transcription company in the US, is now paying us for ASR, 60% and others will get straight 4 cents a line. Actually, no, not the economy....(sm) I was actually referring to Pelosi and her power grab, cutting off all GOP opposition, behind closed doors, that no one will ever hear about again, from the other day. And did you catch Barney Frank today on the retroactive rules on the TARP? http://www.newsmax.com/politics/tarp/2009/01/09/169663.html?utm_medium=RSS What I am doing to help the economy 1. I pray for this country and the president every day. 2. I'm not constantly complaining about everything. 3. I am not watching the DOW like it's American Idol. 4. I’ve taken fiscal responsibility for me and my home. 5. I give what I can to the food banks and my church etc. to help those who need help. I did not vote for President Obama. I do not think he is the messiah and I certainly will not blame him for the mess we are in right now simply because we all played a part. No one forced anyone to take house loans that they could not pay, no one forces us to use our credit card and run up debts and live beyond our means, no one predicted that you would take a loan and then lose your job and be in foreclosure and no one regulated the banks like they should of. Now that being said, in a crisis it is so easy to look for someone to blame, become angry, and forget who we are. So my advice the next time you are at your kitchen table wondering how you are going to make ends meet, that you remember who you are, an American. I would also advise getting some debt management help. So please, instead of running around with your hands up in the air thinking the worst and claiming the sky is falling, try listening to the Star Spangled Banner or something that is positive. I have found that this helps me a lot. Now let us all take a good long look in the mirror, have a little faith in ourselves as a country and stop beating up on each other. Have a good day everyone and God Bless America.
What I am doing to help the economy 1. I pray for this country and the president every day. 2. I'm not constantly complaining about everything. 3. I am not watching the DOW like it's American Idol. 4. I’ve taken fiscal responsibility for me and my home. 5. I give what I can to the food banks and my church etc. to help those who need help. I did not vote for President Obama. I do not think he is the messiah and I certainly will not blame him for the mess we are in right now simply because we all played a part. No one forced anyone to take house loans that they could not pay, no one forces us to use our credit card and run up debts and live beyond our means, no one predicted that you would take a loan and then lose your job and be in foreclosure and no one regulated the banks like they should of. Now that being said, in a crisis it is so easy to look for someone to blame, become angry, and forget who we are. So my advice the next time you are at your kitchen table wondering how you are going to make ends meet, that you remember who you are, an American. I would also advise getting some debt management help. So please, instead of running around with your hands up in the air thinking the worst and claiming the sky is falling, try listening to the Star Spangled Banner or something that is positive. I have found that this helps me a lot. Now let us all take a good long look in the mirror, have a little faith in ourselves as a country and stop beating up on each other. Have a good day everyone and God Bless America.
Please take Economy 101 Your pathetic little woe-is-me mentality is the problem with the economy. Wake up, eejit. The 'rich' people are the ones paying all the taxes. The runts at the bottom - you know - the ones so unintelligent or unmotivated to make it in the world - pay no taxes and suck all the money out of the country. No country ever got anywhere by taking down the successful people and raising up the ingrates. In America, you can get rich if you want to. But you have to work for it. If you don't have the guts or the self-motivation, you get to live according to your own means. Suck it up. The Economy The Economy - Not the President - is Tanking the Market by: Hale Stewart One of the more ridiculous statements going around over the last few weeks is "this is an Obama bear market." This statement is, well, ill-informed at best and fraudulent at worst. Let's look at why. First -- who is saying this? Such economic luminaries as John Hawkins at Right Wing News (who actually asked Is Obama Deliberately Tanking the Stock Market?), Powerline, Brit Hume along with a host of other right wing bloggers. What all of these people have in common is their incessant chearleading during the Bush years despite mounting evidence of an upcoming recession. There are the same people who argued that ... housing is a small part of the economy ... most people are paying their mortgages ... the US economy will decouple from the rest of the world .... it's the greatest story never told ..... you get the idea. Simply put, these are people who have distinguished themselves by being some of the best contrary indicators around. Secondly, the SPYs -- the tracking ETF for the S&P 500 -- dropped from (roughly) 155 in the summer of 2007 to (roughly) 85 at the end of last year. Yet I don't remember any of them saying that was the Bush bear market -- even though that's a drop of roughly 43%. No -- it's the new President that's causing the problems. In addition, when Bush took office the SPYs dropped from roughly 130 at the begging of 2001 to 85 in the fourth quarter of 2002. Yet somehow I don't think any of them blamed Bush's policies for the drop. Then it was the "lasting effects of the Clinton recession" or something similar. What all of these idiots are forgetting is the simple fact that the economy is the backdrop of the stock market. When the economy does well the stock market does well. When the economy doesn't do well, the stock market doesn't do well. And to that end, the economy isn't doing well right now. Let's look at some recent news events. Real gross domestic product -- the output of goods and services produced by labor and propertylocated in the United States -- decreased at an annual rate of 6.2 percent in the fourth quarter of 2008,(that is, from the third quarter to the fourth quarter), according to preliminary estimates released by theBureau of Economic Analysis. In the third quarter, real GDP decreased 0.5 percent.
Reports from the twelve Federal Reserve Districts suggest that national economic conditions deteriorated further during the reporting period of January through late February. Ten of the twelve reports indicated weaker conditions or declines in economic activity; the exceptions were Philadelphia and Chicago, which reported that their regional economies "remained weak." The deterioration was broad based, with only a few sectors such as basic food production and pharmaceuticals appearing to be exceptions. Looking ahead, contacts from various Districts rate the prospects for near-term improvement in economic conditions as poor, with a significant pickup not expected before late 2009 or early 2010.
I could go on, but you you get the idea. The news of the underlying economy has been terrible (at best). And that's what's causing the problems.
The economy had nothing to do with ........ his jumping to grow BIG and BIGGER government; he was going to do that regardless of the economy. Obama is for big government and was WAAAY before he was elected. The economy was a good excuse to scare people into electing him, as if this country couldn't pick itself up, get rid of the bad, new companies come in, and the economy would continue all on its own, WITHOUT Obama's interference. But, of course, he jumped at the chance to push his HUGE government agenda by taxing us to death. Please don't tell me you won't pay any taxes. How in the heck do you think trillions of dollars of debt will be repaid..... and no, it won't be those mean old "rich" people everyone loves to hate and it won't be the big businesses Obama wants you to hate, it will be YOU and me..... business will just pass their increased tax load onto us!! Way to go Obama!! And the economy isn't already gasping its So is theft of the economy! nm xx why can't the economy be first and we have the debate... after it is fixed. Why does the debate HAVE to be on Friday? I have learned so much about the economy over...sm the last week but it has only made me see how much more I don't know. Pretty scary! We are all at the mercy of those in Washington and on Wall Street. Plenty of blame to go around but blame will not get us out of this mess. The candidate who ran from the economy... Obama voted for the bailout and that is ALL he did. That is not running from it? He still wants to spend trillions, won't say he is willing to cut spending, and wants to RAISE taxes in an economic downturn. You can't turn around the markets by raising taxes on corporations and the so-called "rich." Common sense should tell you that. McCain has run from nothing. All Obama does is repeat the same old vagaries and NEVER gets specific about anything, but why should he? You obviously don't care. lol. The OP is talking about the economy. nm z Not as compelling as the economy. x In a McCain economy, you will be su Who has been in charge of the economy for the Democrats own congress....... they are the ones responsible for the complete mess of this economy. But because there is a republican president, the republicans get the blame. Republican president really can't get anything done with an all democrat congress. He is going to do that by destroying the economy... of Pennsylvania, West Virginia, Virginia, Ohio...making us all pay higher utility bills? What are his proposals? He doesn't want coal. He doesn't want nuclear. We CAN'T do it with windmills, not all of it, even T. Boone Pickens will tell you that. Nuclear energy and building plants WOULD bring thousands of new jobs. Sorry...his energy plans make NO sense to me, nor where he is going to get the billions, in this economy, to put his ideas into action. He is already preparing the speech where he tells his faithful he can't do a lot of what he said he would do. Snake oil salesman. You are for, then....destroying the economy of... the coal producing states and skyrocketing our electric bills...THIS on top of everything else, and he still looks GOOD to you? Amazing. lol. Yes, and the economy with still stink. O will put us nm how is it going right back into the economy? and WHO is it benefiting? and one more thing... if this was McCain's inauguration, you would have no problem with the amount being spent either? come on, be honest now What would you undertake to fix the economy?. Any better idea? If you criticize, you have to come up with a better alternative. fixing the economy... I hope that by the time these projects are over, the economy will be better and the companies will therefore have new projects to move on to. The money that these jobs generate in taxes and in spending will spur more movement forward and we can hopefully start getting back on track. Would that not stimulate the economy? sm Think about it. If a person has a mortgage payment of say $500 a month (or any figure, really) and the government wrote a check for, say, $50K to that individual and it would pay off their house, would that not free up that $500 to be spent in other ways that would stimulate the economy? People who are struggling to make their house payment, regardless of the reason, are still consumers and those consumers would be able to put more money back into the economy if they didn't have a mortgage payment. Isn't that the whole idea? To get more people spending more money so that more jobs would be created and so that our economy would grow? Economy notice Economy Notice Due to recent budget cuts and the cost of electricity, gas and oil, as well as current market conditions and the continued decline of the U.S. economy, The Light at the End of the Tunnel has been turned off. We apologize for the inconvenience. So much for fixing our economy Mr. President. This is the biggest problem I have with Barrack Obama. He is all about implementing his personal agenda and making us all dependent on government while it grows bigger and bigger that he doesn't stop to think about the consequences that these actions will have on our already horrible economy. All he talks about are the jobs he has created or saved and I'm sorry.....but I don't see that from where I'm sitting. I see people all around me losing jobs or about to lose jobs and cap and trade will most definitely cause more job loss. Let our economy fix itself, Mr. President, and then we can talk about your personal agenda. Any person who wants to raise taxes during a recession is a complete and utter moron. Obama is doing nothing but hurting the middle class....which is the class he professed to want to help so badly. I have no doubt that Obama is smart or he wouldn't be where he is at. However, I think he lacks the experience to be our president. I personally feel that any person wanting to be president of the US should be required to have run or owned a business in the past. I tell ya what....come 2012....I'm seriously going to be looking outside the box for our next president. Not only will I thoroughly check out the pub and dem candidate but I'm going to check out the indepedents a lot more than I ever have in the past. I think it is about time we show the two parties that they both suck and we have decided to go against both of them. Maybe that will wake them up because this going back and forth between pub and crat hasn't done us much good here lately. cant have an economy without a healthy land Frankly, you cant have an economy, if you have no livable land or healthy people. First and foremost is the land and it's people and animals. Without all of that, we will not have an economy. Funny how other industrialized countries are signing on..you know the countries who take care of their citizens with health care, paid maternity leave, paid vacation time..The caring countries..not the capitalistic class divided society of America. OMG, just in New Orleans now you can see who are the fortunate ones versus the unfortunate ones. The minorities are mostly all the unfortunate ones cause they could not afford to get out of town. They are the ones hurting and rebelling. This is the picture of America today. The *haves* and *have nots* and Bush continues to give to the *haves* and do nothing for the *have nots*. Republican Cut and Pasate Economy Subject: lousy economic news http://www.counterpunch.org/roberts12032005.html An Economy Driven By Debt Don't Confuse the Jobs Hype with the Facts By PAUL CRAIG ROBERTS The November payrolls job report was announced Friday with the usual misleading hype. Spinmeisters made the most out of the 215,000 jobs. Looking beyond the glitter at the real facts, this is what we see. 21,000 of those jobs were government jobs supported by taxpayers. There were only 194,000 new jobs in the private sector. Of those new jobs, 37,000 are in construction and only 11,000 are in manufacturing. The bulk of the new jobs--144,000--are in domestic services. Wholesale and retail trade account for 20,000. Food services and drinking places (waitresses and bar tenders) account for 38,000. Health care and social assistance account for 27,000. Professional and business services account for 29,000. Financial activities gained 13,000 jobs. Transportation and warehousing gained 8,000 jobs. Very few of these jobs result in tradable services that can be exported or help to close the growing gap in the US balance of trade. The 11,000 new factory jobs and the 15,000 of the previous month are a relief from the usual loss. However, these gains are more than offset by the job cuts recently announced by General Motors and Ford. Despite the gain in jobs, total hours worked declined as the average workweek fell to 33.7 hours. The decline in the labor force participation rate, a consequence of the shrinkage in well-paying jobs, masks a higher rate of unemployment than the reported 5 percent. The ratio of employment to population fell again in November. Average hourly earnings (up 3.2 percent over the last year) are not keeping up with the consumer price index (up 4.3 percent). Consequently, real incomes are falling. This is not the picture of a healthy economy in which growth in high productivity, high value-added jobs fuel the growth in consumer demand and provide savings to finance Washington's red ink. What we are looking at is an economy that is coming unglued from the loss of jobs that provide ladders of upward mobility and from massive trade and budget deficits that are resulting in unsustainable growth in indebtedness to foreigners. The consumer price index measures inflation at 4.3 percent over the past year. Many people, experiencing household budgets severely impacted by fuel prices and grocery bills, find this figure unrealistically low. PNC Financial Services has a Christmas price index consisting of the gifts in the song, The 12 Days of Christmas. The index reports that the cost of the collection of gifts has risen 6 percent since last Christmas. Some of the gifts have risen substantially in price. Gold rings are up 27.5 percent, and pear trees are up 15.4 percent. The cost of labor (drummers drumming, maids-a-milking) has remained the same. Populations are hard pressed when the prices of goods rise relative to the price of labor, because this makes it impossible for the population to maintain its standard of living. The US economy has been kept alive by low interest rates, which fueled a real estate boom. Consumers have kept growth alive by refinancing their home mortgages and spending the equity in their houses. Their indebtedness has risen. Debt-fueled growth is qualitatively different from economic growth that results from an increase in high value-added jobs. Economists who look at the 3+ percent economic growth rate and conclude that things are fine are fooling themselves and the public. When the real estate boom ends, what will be the source of new spending power? Paul Craig Roberts has held a number of academic appointments and has contributed to numerous scholarly publications. He served as Assistant Secretary of the Treasury in the Reagan administration. His graduate economics education was at the University of Virginia, the University of California at Berkeley, and Oxford University. He is coauthor of The Tyranny of Good Intentions. He can be reached at: paulcraigroberts@yahoo.com Romney certainly has the background as far as the economy.... I kinda thought Obama was going to pick Biden, because Biden protested way too much...lol. But I really have NO idea where McCain is going. They have guarded it well. With the onset of a global economy........sm it might not be such a stretch of the imagination. Our cpl is dropping rapidly, if not for transcribed lines, then surely with ASR. With the quality of the ASR I have seen lately, I pretty much have to transcribe from scratch a good percentage of reports I get. This brings my overall cpl way below what I was hired to transcribe for. Interesting view on the economy... George Bush has been in office for 7 1/2 years. The first six the economy was fine. A little over one year ago:
But Americans wanted CHANGE! So, in 2006 they voted in a Democratic Congress & yep — we got CHANGE all right. In the PAST YEAR:
Yes, in 2006 America voted for change. And we sure got it. Now Barack Obama, the Democratic candidate for president, claims he’s really going to give us change. How much more CHANGE do you think we can stand? First 6 years, economy was great too. Then, nm Why did the economy spiral downward after the nm Yeah, and the economy has plummeted since nm You see crime being a result of economy, but I see economy, war, health care nm nm So, you don't equate Obama with economy? xx but, seriously, it is an indication of our economy & how it affects EVERYONE. nm x Of course, an economy that CREATES jobs, instead just take care of a lot of that welfare abuse. There should be more OPPORTUNITIES, and fewer loopholes. 
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