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....As if the average Teabagger understands the history o' The Meltdown.....during which John McCain was exposed for the fraud he was.....and, Barack Obama took the Country's economic-reins (when Lil' Dumbya RAN, FROM IT).....before Obama even became President.

BARACK SAVES THE DAY!!!
PART TWO
See: 39:00 thru 47:00


So you can't support a federal government stimulus with any authority for same in the Constitution.


Yeah....sure....we should have followed Republican-congressmens' lead......and, waited for our economy to melt-down.....ENTIRELY.....before taking any actions.

Or, maybe we should have followed Lil' Dumbya's (typical) lead......and, RUN FROM taking any action.


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Great ideas, there, Goober.
 
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why?

Because she voted for the BIG bank bailouts when she was a Senator. Because she's made millions making speeches before her Wall Street cronies promising to support and protect crony capitalism. Because she wants to take the citizen's guns away from them to prevent an armed insurrection when she bails the BIG bastard bankers out again. Because she wants to install an unconstitutional Single Payer healthcare system so BIG corporations won't have to provide healthcare for their employees anymore. Wall Street loves the Brainless Benghazi Bitch!
 



Yeah....sure....we should have followed Republican-congressmens' lead......and, waited for our economy to melt-down.....ENTIRELY.....before taking any actions.

Or, maybe we should have followed Lil' Dumbya's (typical) lead......and, RUN FROM taking any action.


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Great ideas, there, Goober.

Lil Dubya's Treasury Secretary instituted the Wall Street BIG BANK and Insurance CROOK bailouts. Barrack Obama voted for it as a Senator and simply continued the Lil Dubya policy as President.

Leaving the crooked banks and insurance crooks on their own to fail and go bankrupt would have ended the meltdown sooner, exterminated the crooks, taught Wall Street a valuable lesson and the smaller banks and insurance companies would have picked up the pieces and prospered and America wouldn't be saddled today with banks even BIGGER than ever allegedly "Too Big To Fail" AGAIN!
 
The Obama economy after 7 plus years.

The 287,000 surge in new jobs in June and low 4.9% unemployment point to a U.S. labor market that on the surface appears fully healed. Yet, those numbers don’t tell the full story about an economic recovery in which millions in the U.S. have been left behind.

Uncounted in the official U.S. jobless rate are several million people who still want a full-time job but can’t find one.

http://www.marketwatch.com/story/the-real-unemployment-rate-is-still-close-to-10-2016-07-08
 
Lil Dubya's Treasury Secretary instituted the Wall Street BIG BANK and Insurance CROOK bailouts. Barrack Obama voted for it as a Senator and simply continued the Lil Dubya policy as President.

The difference was.....Lil' Dumbya's bail-out was a GIVE-AWAY.....i.e. there were no stipulations to PAY, BACK, ANY OF IT!!

Obama's bail-out generated profit$, for the Federal Goverment!!!
 
The difference was.....Lil' Dumbya's bail-out was a GIVE-AWAY.....i.e. there were no stipulations to PAY, BACK, ANY OF IT!!

Obama's bail-out generated profit$, for the Federal Goverment!!!

But the wisdom or folly of the TARP is not worth revisiting. The myth I want to tackle is one being reported in favor of the bailouts — that they turned a profit.

As Matthew Yglesias of Vox writes, “Treasury now says ‘taxpayers have recovered $441.7 billion on TARP investments including the sale of Treasury’s AIG shares, compared to $426.4 billion disbursed’ for a profit of a bit over $15 billion.” Now, while a profit of $15 billion sounds enormous, it only amounts to a nominal annualized return of 0.6 percent. Even Treasury Bills (maturing after three years or longer) would have been a better investment, so this is hardly impressive While this is a miniscule return on investment, there’s another factor overlooked: inflation.

Amazingly, although the period since 2008 has been one of at-best-sideways movement in the economy, the U.S. dollar still managed to lose more than 10 percent of its value in that period. Calculated using the Bureau of Labor Statistics inflation calculator, $441.7 billion in 2015 dollars is the equivalent of $402.71 billion in 2008 dollars, which would imply that TARP actually netted a loss of nearly $24 billion.:rofl2::rofl2::rofl2::rofl2::rofl2::rofl2::rofl2::rofl2::rofl2::mun:

Read more at: http://www.nationalreview.com/article/395822/overselling-tarp-myth-15-billion-profit-matt-palumbo
 
Seems the Post has a problem making up their leftist mind, huh?:dunno:

A slew of bad economic headlines last week made it official: The Obama economy has failed. As noted in the Wall Street Journal, “Even seven years after the recession ended . . . in terms of average annual growth, the pace of this expansion has been by far the weakest of any since 1949.”

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Yeah.....sure.....why would the Murdoch Street Journal lie about the Obamaconomy?


June 9, 2016 - "The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to sustained strength in the labor market despite a sharp slowdown in hiring last month.

The report was the latest indication that the labor market remains strong even though the economy added only 38,000 jobs in May, the smallest gain since September 2010.


A report on Wednesday showed job openings hitting a nine-month high in April and layoffs falling to their lowest level since September 2014."




August 20, 2016 - "For the first time in years, Ohios economy seems to be outpacing the national average.

Employers added more than 11,000 jobs last month, sending the statewide unemployment rate down from 5 percent to 4.8 percent, according to a Friday report from the Ohio Department of Job and Family Services. That’s below the national rate of 4.9 percent and the state’s lowest rate so far this year.

George Zeller, a Cleveland-based economic researcher, said July was the first month in more than 3½ years that Ohio’s job creation outpaced the national average.

Mr. Zeller said the state had been in the midst of a 43-month streak in which year-over-year job growth lagged the country as a whole.

“It is clear in the newly released data that Ohio is finally recovering from the very deep and lengthy 2000s recession in the state’s labor market and has now finally (albeit barely) recovered from the extremely deep and damaging 2007 Great Recession,” Mr. Zeller wrote in his monthly report on the state’s jobless figures.

The state job agency said employers added 11,400 jobs in July, with the biggest gains coming from the government and educational and health services sectors. The manufacturing sector also posted gains."


 
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