Jobless rate falls to 7.8 %

[finnbow]

Originally Posted by whell

No that certainly wasn't the main reason for the downgrade. The main reason that S&P downgraded the credit rating the first time was their concern that the deal last year to cut 2.1 Trillion in spending didn't go far enough. They were skeptical about the two sides able to cut additional spending. So, if sequestration does kick in, it will cut spending further. A further credit downgrade would then become less likely.

It was because of the debt ceiling debacle. The threat to default on our national lowered the ratings of our bonds. If sequestration occurs, the drastic cut in gov't spending will put a further drag on the recovery. Despite their proclaimed intention, the Teabaggers are economic poison.

[bobabode]

Gotta love that discredited GE CEO Jack"-$50 million"Welch is cited as the standard bearer for this latest wacked denial of the reality...

Romney got his latest bump turned into a hole with the loss of the Republicants favorite campaign bumper sticker. "42 months above 8%"...maybe R$R will get Todd"The Illegitimate"Akin to stump for them?

[wgrr]

Originally Posted by bobabode

What's this? Are you attempting to deny that the vast majority of Tea Party funding doesn't come from the Koch Bros.? Really?!? or are you doing what you do well, whell? Sidestepping again, eh?

Dick Armey's Freedom Works created the tea baggers using the Koch brothers dads Bircher money. Faux news nurtured them. Tbagger meetings here have dwindled to just a few people. You know, the ones that can be fooled all of the time.

[ebacon]

Tea Partier craziness is rubbing off on me. I'm going to Arkansas to self medicate.

[BlueStreak]

Originally Posted by bobabode

Gotta love that discredited GE CEO Jack"-$50 million"Welch is cited as the standard bearer for this latest wacked denial of the reality...

Romney got his latest bump turned into a hole with the loss of the Republicants favorite campaign bumper sticker. "42 months above 8%"...maybe R$R will get Todd"The Illegitimate"Akin to stump for them?

Ahhhhhh, Jack Welch.......Another miserable failure who managed to spin his gross incompetence into convincing people it was "success". Sorry, Jack, but leaving tens of thousands unemployed and dozens of communities devastated behind you ISN'T "success" you utterly worthless piece of shit.

When did we start idolizing people for their ability to shutter factories and fuck others out of their livelyhoods in the name of nothing more than their own personal gain?

That's what I'd like to know.

And, I'd really like it to stop, because it's ruining my country.

Regards,
Dave

[whell]

Originally Posted by bobabode

Those are the facts whell. The Koch bros own this fake tea party lock, stock and barrel. Keep your head in the sand if you like.

That wasn't my question. My question was specific to Santelli, not entire tea party. Please stay on topic.

[whell]

Originally Posted by finnbow

It was because of the debt ceiling debacle. The threat to default on our national lowered the ratings of our bonds. If sequestration occurs, the drastic cut in gov't spending will put a further drag on the recovery. Despite their proclaimed intention, the Teabaggers are economic poison.

No it wasn't.

http://www.washingtonpost.com/busine...IxI_story.html

[bobabode]

Originally Posted by whell

That wasn't my question. My question was specific to Santelli, not entire tea party. Please stay on topic.

Bite me whell, the topic is as I started it. Start your own thread if you don't like it, schmuck.

[ebacon]

The Santelli situation has circumstantial evidence going against it. There is no question that the Koch brothers are behind the Tea Party astroturf seeders. There is also no question that Santelli used a curious choice of words, namely "Chicago Tea Party".

Where the circumstantial evidence comes in is that all top level domains of chicagoteaparty.com were registered a few months prior to Santelli's rant. Here is the registration info from ICANN.

ICANN Registrar:
GODADDY.COM, LLC
Created:
2008-08-03
Expires:
2013-08-03 Backorder Now
Updated:
2011-08-03
Registrar Status:
clientDeleteProhibited
clientRenewProhibited
clientTransferProhibited
clientUpdateProhibited
Name Server:
NS47.DOMAINCONTROL.COM (has 34,066,735 domains)
NS48.DOMAINCONTROL.COM (has 34,066,735 domains)
Whois Server:
whois.godaddy.com
General TLDs:
ChicagoTeaParty.comchicagoteaparty.com whois (registered and active website)
ChicagoTeaParty.netchicagoteaparty.net whois (registered and active website)
ChicagoTeaParty.orgbuy chicagoteaparty.org (deleted and available again)
ChicagoTeaParty.infochicagoteaparty.info whois (registered and active website)
ChicagoTeaParty.bizchicagoteaparty.biz whois (registered and active website)
ChicagoTeaParty.uschicagoteaparty.us whois (registered and active website)

[wgrr]

Originally Posted by whell

No that certainly wasn't the main reason for the downgrade. The main reason that S&P downgraded the credit rating the first time was their concern that the deal last year to cut 2.1 Trillion in spending didn't go far enough. They were skeptical about the two sides able to cut additional spending. So, if sequestration does kick in, it will cut spending further. A further credit downgrade would then become less likely.

Bullshit! All Congress had to do was raise the debt ceiling like they routinely did some 30 plus times since Reagan.

Please provide some professonal economic analysis of your assumptions. I can change my mind and that is no bullshit.

I love the concern with the debt and deficit when a Democrat is the President. I don't remember any discussions about the debt or deficit during the Bush II administration. Goggle the 'two Santa clause. I will save you some time.

http://en.wikipedia.org/wiki/Jude_Wanniski

Jude, goo, goo, government, Wanniski was an asshole.