Stocks jump as oil plunges, Bernanke indicates Fed won't likely...

I can hear my boss crying from here.

Yep. Henry Ford is dead... now send out that economic stimulus bailout check every other 2 weeks.

And yet, the current administration claims that the state of the economy is wonderful. I want what they are smoking.

And there is nothing that Princess Palin can do about it.

More BUSH 'Dividends. No wonder the Republicans want to talk about their unqualified VP lady, it sure beats the H _ _ outta having to deal with the results of 8 years of Repug rule in Washington, like the 300 point drop on Wall Street.

Wall street you are going down. You and the govt caused all this now you will pay with your very lives.

Ed Burke wrote:

More BUSH 'Dividends. No wonder the Republicans want to talk about their unqualified VP lady, it sure beats the H __ outta having to deal with the results of 8 years of Repug rule in Washington, like the 300 point drop on Wall Street.

Sorry Ed. It's the last 2 years of a Democratic congress that set things off-

Look it up, oil doubled, unemployment rose, and taxes were raised - all since 2006 - not 2000 when GW took over.

Congress effects the economy more than the President.

1) Consumer confidence stood at a 2 1/2 year high;
2) Regular gasoline sold for $2.19 a gallon;
3) The unemployment rate was 4.5%.
4) Congress approval rating: 16%


Since voting in a Democratic Congress in 2006 we have seen:
1) Consumer confidence plummet;
2) The cost of regular gasoline soar to over $4.50 a gallon;
3) Unemployment is up to 5.7%(a 27% increase);
4) American households have seen $2.3 trillion in equity value evaporate (stock and mutual fund losses);
5) Americans have seen their home equity drop by $1.2 trillion dollars;
6) 1% of American homes are in foreclosure.
7) Congress approval rating: 9%


America voted for change in 2006, and we got it.
Remember it's Congress that makes laws, not the President.

Part 2:


Taxes...Whether Democrat or a Republican you will find these statistics enlightening and amazing.
WWW.taxfoundation.org/publications/show/151.H...

Taxes under Clinton 1999 Taxes under Bush 2008
Single making 30K - tax $8,400 Single making 30K - tax $4,500
Single making 50K - tax $14,000 Single making 50K - tax $12,500
Single making 75K - tax $23,250 Single making 75K - tax $18,750
Married making 60K - tax $16,800 Married making 60K- tax $9,000
Married making 75K - tax $21,000 Married making 75K - tax $18,750
Married making 125K - tax $38,750 Married making 125K - tax $31,250

Both democratic candidates will return to the higher tax rates

It is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If Obama or Hillary are elected, they both say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can't wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don't even know what happened.

SIck of It All wrote:

And yet, the current administration claims that the state of the economy is wonderful. I want what they are smoking.

No, you want what they are earning!

This just in ... Republican Butt Boy Jack Abramhoff gets 4 Years in the Slammer !

WASHINGTON (AP)-- Jack Abramoff, the once powerful lobbyist at the heart of a far-reaching political corruption scandal, was sentenced to four years in prison Thursday by a judge who said the case had shattered the public's confidence in government.

Abramoff, who fought back tears as he declared himself a broken man, appeared crestfallen as the judge handed down a sentence lengthier than prosecutors had sought.

Over the past three years, Abramoff has come to symbolize corruption and the secret deals cut between lobbyists and politicians in back rooms or on golf courses or private jets. The scandal shook Pennsylvania Avenue from the White House to Capitol Hill and contributed to the Republicans' loss of Congress in 2006.

''I come before you as a broken man,'' Abramoff said at his sentencing before U.S. District Judge Ellen Segal Huvelle.''I'm not the same man who happily and arrogantly engaged in a lifestyle of political and business corruption.''

He added later that,''My name is the butt of a joke, the source of a laugh and the title of a scandal.''

Already two years into a prison term from a separate case in Florida, Abramoff, 49, will have spent about six years in prison by the time he is released, far longer than he and his attorneys expected for a man who became the key FBI witness in his own corruption case.

With Abramoff's help, the Justice Department has won corruption convictions against former Rep. Bob Ney, R-Ohio, former Deputy Interior Secretary J. Steven Griles and several top Capitol Hill aides.

Not a Democrat in sight, ALL Repugs ! Washington Insiders, like Mc Cain !

George Dumbya Fudd Bush wants average Joe/Jane American to invest his/her Social Security into this unpredictable, volatile market.

Like there aren't enough investors jumping out their windows already.

not so sure wrote:

<quoted text>
Sorry Ed. It's the last 2 years of a Democratic congress that set things off-
Look it up, oil doubled, unemployment rose, and taxes were raised - all since 2006 - not 2000 when GW took over.
Congress effects the economy more than the President.

As you republicans were so found of saying back in 2001 "We are now paying for the inaction and misdeeds of the of the past eight years" Dick C. 2002.
The economic disaster from sub prime lending can be laid at the feet of Bush and his economic policies, they are just now coming do. Deregulation of banks that are failing republican congress 2002. The bush policy of laisser-fair encouraged employers to hire illegals by reducing or eliminating fines. Reducing wages for many poorer Americans who face the "I can get an illegal will do it for less" arguement.
Spending billions on a war for regime change in Iraq in the middle east might just have a little to do with the price of oil. Let me remind you "We are now paying for the inaction and misdeeds of ther past eight years." Your truth live with it.

Thats it. The end is near. Oh no.

not so sure wrote:

America voted for change in 2006, and we got it.
Remember it's Congress that makes laws, not the President.

*

Perhaps you need a refresher course on how a bill becomes a law.

Pliny wrote:

<quoted text>
*
Perhaps you need a refresher course on how a bill becomes a law.

I'm all ears...

The Bill Becomes A Law - once a bill is signed by the President or his veto is overridden by both houses it becomes a law and is assigned an official number.

Hmmm wrote:

The Bill Becomes A Law - once a bill is signed by the President or his veto is overridden by both houses it becomes a law and is assigned an official number.

*

It would be good if "Not So Sure" read your post.

Did you watch Sarah Palin's speech last night? The speech told us a lot about her.

It told us that she can distort the facts and deliver mean-spirited zingers with the best of them. It told us that if Rush Limbaugh or Ann Coulter ever need a stand-in, she'd be a great pick.

It told us that she can be condescending and dismissive of the real work Barack Obama did helping real people on the South Side of Chicago. It told us that she can uphold the long Republican tradition of lying about Democratic tax cuts—even though Obama's plan would give Americans a bigger break than McCain's.

But the speech—written by one of President Bush's speechwriters—didn't tell us the truth about Sarah Palin's extremist positions. And the more that people know her far-right views, the less they support her.

* Palin recently said that the war in Iraq is "God's task." She's even admitted she hasn't thought about the war much—just last year she was quoted saying, "I've been so focused on state government, I haven't really focused much on the war in Iraq."

* Palin has actively sought the support of the fringe Alaska Independence Party. Six months ago, Palin told members of the group—who advocate for a vote on secession from the union—to "keep up the good work" and "wished the party luck on what she called its 'inspiring convention.'"

* Palin wants to teach creationism in public schools. She hasn't made clear whether she thinks evolution is a fact.

* Palin doesn't believe that humans contribute to global warming. Speaking about climate change, she said, "I'm not one though who would attribute it to being manmade."

* Palin has close ties to Big Oil. Her inauguration was even sponsored by BP.

* Palin is extremely anti-choice. She doesn't even support abortion in the case of rape or incest.

* Palin opposes comprehensive sex-ed in public schools. She's said she will only support abstinence-only approaches.(Oops!)

* As mayor, Palin tried to ban books from the library. Palin asked the library how she might go about banning books because some had inappropriate language in them—shocking the librarian, Mary Ellen Baker. According to Time, "news reports from the time show that Palin had threatened to fire Baker for not giving "full support" to the mayor."

* She DID support the Bridge to Nowhere (before she opposed it). Palin claimed that she said "thanks, but no thanks" to the infamous Bridge to Nowhere. But in 2006, Palin supported the project repeatedly, saying that Alaska should take advantage of earmarks "while our congressional delegation is in a strong position to assist."

The plain fact of the matter is that Sarah Palin did a bang-up job delivering a Karl Rove-style political attack speech last night. That makes her a skilled politician but it doesn't make her views any more palatable for voters. Americans don't really want another far-right, anti-science ideologue in the White House.

"I'm Just a Bill"

I'm just a bill.
Yes, I'm only a bill.
And I'm sitting here on Capitol Hill.
Well, it's a long, long journey
To the capital city.
It's a long, long wait
While I'm sitting in committee,
But I know I'll be a law someday
At least I hope and pray that I will,
But today I am still just a bill.

- Schoolhouse Rock

Fact Check wrote:

Did you watch Sarah Palin's speech last night?

*

I tried, but the shrill, screeching delivery made me turn it off fast. Sen. McCain better get himself a good pair of earplugs.