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JohnKerins66

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Reply with quote  #1 

Dow Jones Indus trials heading for a record high closing. Does Bush get the blame for this, like he does everything else?


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Yes! It's his fault!!!!!

 

In fact, W's approval numbers on the economy low. I guess the people would be happier if we were in a recession.

TerrencePTuffyLSA69

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Reply with quote  #3 
Unemployment is his nemesis.
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TonyCasamento69

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Reply with quote  #4 
The economy is a house of cards.  I'm buying silver.

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Tony Casamento '69
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Silver, Rhodium & Chocolate/Coco........

 

 

Be well

Donna


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FXOC66

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Reply with quote  #6 

Gee, poor George, right from the start he was never given a chance was he.  Both houses of congress, sky high approval ratings, inherited a surplus.  Remember the republican dynasty that would last for decades?

Never had a chance, the poor kid. 

BobJohnston

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Reply with quote  #7 

How much of these record numbers are being recorded on the back of the "poor" oil companies who are reaping record profits in spite of their dismal condition after the hurricanes of '05?  No it's not W's fault, he's just an oil man himself.


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JohnKerins66

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From the sale of a gallon of gas the oil company get 9 cents, the federal government gets 18.4 cents, the amount to the state government varies - New York get 44 cents.

 

Oil companies on average operate on a 9% profit margin, Google about 48% Goldman Sachs 25%. And compare the price of a gallon of gas to Coca-Cola or bottled water. Who's reaping a windfall?

 

In the last twenty-five years the government has received in tax and royalties about three time the amount of profit the oil and gas companies have gotten. Now an additional tax! Who's gouging whom?


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BobJohnston

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It's the Government!  The one that's of the oil companies, by the oil companies and for the oil companies!  John, the same government that's paying itself from these taxes, is the same one who's members are reaping profit from the products the taxes are on!!

Except for the Kennedy's, they're just plain taxing.


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TonyCasamento69

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Reply with quote  #10 
The DJIA on Jan 20, 1993, when Bill Clinton took office was 3,241.  On Jan 20, 2001, the day Mr. Clinton left office and George Bush was sworn in, the DJIA was 10,7924.  The Dow is currently at 11,616.  During Clinton's tenure the Dow increased by a factor of 3.3.  For Bush to duplicate this feat, the Dow will have to go up to 39,494.  Think this will happen?

Bush may be getting blamed for many things, but he doesn't have a Special Prosecutor dogging him constantly looking for impeachable offenses.  I sometimes wonder how much more Clinton could have accomplished if he didn't have to spend so much time answering questions about his sex life.


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JohnKerins66

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Reply with quote  #11 

Quote:
Originally Posted by webguy
  During Clinton's tenure the Dow increased by a factor of 3.3.  For Bush to duplicate this feat, the Dow will have to go up to 39,494.  Think this will happen?

 

Probably not. Now that the structural changes and reforms that Reagan brought about are ensconced in the economy it's hard to imagine two decades of such an amazing growth. At least until we get another Reagan.

 

Quote:
Originally Posted by webguy

Bush may be getting blamed for many things, but he doesn't have a Special Prosecutor dogging him constantly looking for impeachable offenses.  I sometimes wonder how much more Clinton could have accomplished if he didn't have to spend so much time answering questions about his sex life.

 

Funny how a stupid Democratic Special Prosecutors Act came back to haunt them with some very successful results. Did the number one law enforcement officer of the country lie under oath? What was Webster Hubbard, #2, but de facto #1 at Justice? Who initiated investigations into just about every cabinet secretary except Jocelyn Elders -nobody wanted to know what made her tick? Oh yes, it was Reno and she pretty good results there too - O'Leary, Espy, and Cisneros. Those just are a few who come to mind. Bush may not have a structured, legitimate investigation of possible impeachable offenses, but he has every disingenuous member of the 'loyal' opposition making ridiculous charge after charge, with no regard to any damage they cause to country.

 

Since every investigation of Clinton or his cabinet involved personal gain or gratification I dread what else he and they might have gotten away with if no one was watching. But hey Clinton has his legislative legacy - the Home Leave Bill.

 

But we digress. I guess the answerer is Bush won't get the blame for the booming economy. Certainly not from the media who don't report it at all. No bias there!

 

My feeling is that he deserves only slightly more credit than Clinton did. At least Bush's tax cuts provided needed a stimulus.

 

I've said before that the only presidents in the last 100 years to have any significant impact on the economy were FDR and RR. FDR screwed things up and RR straightened out some of it. It seems to me though, that the people who claim how great the president handles the economy, when it goes well for their boy would in fairness acknowledge at least it is going well when their boy is out. Otherwise some might suspect them of hypocrisy.

 


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John66

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Reply with quote  #12 

John,

 

If everyone is enjoying this "booming economy", how come Bush has a 30% approval rating???  I think the only ones enjoying this boom are his rich oil friends, not the little guy.

 

By the way, I'm seeing reports out of New Orleans that nothing much has been done since Katrina hit, almost a year ago...I'll give you that the local politicians screwed up when it first happened, but the Feds have had almost a year to fix it, and haven't.  Another sign that Bushie doesn't care for the little guy.

 

 

RussellDoucetteof73

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Reply with quote  #13 
Quote:
Originally Posted by John66

By the way, I'm seeing reports out of New Orleans that nothing much has been done since Katrina hit, almost a year ago. 

That's what I thought.


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JohnKerins66

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Reply with quote  #14 

John,

 

Unless they've declared Martial Law, which they haven't, the locals are the ones in charge in New Orleans - God Help them.

 

Are you worried that you and Russ agree on some point?

 

As far as the approval rating goes, it the press only reports the negative and the hypocritical dems jump on the band wagon, then the public can be misled regarding the economy just like the war. Ever hear 'the masses are asses.'

 

 


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viola67

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Reply with quote  #15 

Forgive me fellow Gators, I have tried to not say anything about politics and certainly not respond to anything that Mr. Kerins spouts, but I have to comment on the following:

 

“…the public can be misled regarding the economy just like the war…” Are you freakin’ kidding or what?

 

Do any of these lead you to believe we were misled by the Bushies? WMD in Iraq, Iraq’s role in 9/11, mission accomplished, “Brownie, you’re doing a great job”, “If I find out who leaked about Valerie Plame…”, there is no global warming ---- I could go on but I’ll stop now. 

 

John, don’t forget to rebut this and spin this like a good Bushie. Also, please share whatever it is you’re smoking with the rest of us so that we can see what you see. God help us to get through the rest of this idiot’s term in office. I'll go back to my silence now. I feel better.


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