political viewpoint - not me

[klf73]

This was sent to my dh. I am not saying I agree/disagree. Not even sure if the numbers are accurate, but if so I find it interesting. I am undeclared

I do not discuss/argue politics but if anyone has anything to support/disprove the numbers I would love to hear it. Please no arguing, just wanted opinions only.... Thanks!
obviously you can see where the author stands


TO ALL MY FRIENDS and RELATIVES....LIBERAL OR CONSERVATIVE...FYI only.

George Bush has been in office for 7-1/2 years. The first six the economy was fine.

A little over one year ago :
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) the DOW JONES hit a record high--14,000 +
5) American's were buying new cars, taking cruises, vacations overseas, living large!...

But American's wanted 'CHANGE'! So, in 2006 they voted in a Democratic Congress and yes--we got 'CHANGE' all right. In the PAST YEAR:

1) Consumer confidence has plummeted;
2) Gasoline is now over $4 a gallon & climbing!;
3) Unemployment is up to 5.5% (a 10% increase);
4) Americans have seen their home equity drop by $12 TRILLION
DOLLARS and prices still dropping;
5) 1% of American homes are in foreclosure.
6) as I write, THE DOW is probing another low~~
$2.5 TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS, BONDS & MUTUAL FUNDS INVESTMENT
PORTFOLIOS!

YES, IN 2006 AMERICA VOTED FOR CHANGE...AND WE SURE GOT IT! ....

REMEMBER THE PRESIDENT HAS NO CONTROL OVER ANY OF THESE ISSUES , ONLY CONGRESS.

AND WHAT HAS CONGRESS DONE IN THE LAST TWO YEARS, ABSOLUTELY NOTHING.

NOW THE DEMOCRATIC CANDIDATE FOR PRESIDENT CLAIMS HE IS GOING TO REALLY GIVE US CHANGE ALONG WITH A DEMOCRATIC CONGRESS!!!!

JUST HOW MUCH MORE 'CHANGE' DO YOU THINK YOU CAN STAND?

 

[speckledhen]

Well, we should all know that change, just for the sake of change, may not be good. Not all change is good. There is BAD change, as well. Things could get alot worse before they get better....IF they get better. I'm not holding my breath.

 

[roosmom]

OPINION
we cant take anymore of THIS kind of change

 

[winekntrychicks]

just say NOBAMA

 

[bishopschickens]

NOBAMA!!!

 

[emilyfrancis]

hmmm...
it's easy to blame a congress that doesn't have a filibuster-proof majority rather than long-term policies that have set us us for crisis.

The congress has little control over the banking and finance that has put us in this mess.

Our financial crisis is based on years of irresponsible investment schemes that have interconnected banking institutions to a degree that ensured massive failure if one was to go under.

 

[happyhen]

This Congress is considering putting the Congressman linked most strongly to the FannieMay/Freddie Mac fiasco in charge of investigating this whole crisis.

Maybe the change we need is to vote them out of office.

 

[mom'sfolly]

It is fairly easy to pick and choose which numbers to present to support a certain veiw point.

Oil and gas prices are determined by an international market place, all that lovely free trade, and congress or the president can do very little about the price fluctuations.

Unemployment rates are on the rise, but the have risen and fallen through the entire Bush admininstration. As a contrast, under the Clinton administration the unemployment rate showed a general downward trend.

The housing bubble has burst. Economists have been predicting it for years, perhaps decades. When bubbles burst, the economy tanks. The dot-com bubble collapse is certainly a recent example. When the housing bubble burst all that equity went away. The median price of a home in California was more than twice the national average, and many places on the east coast were nearly as high. These markets were unsustainable.

Consumer confidence reflects how people feel about the economy. After reading that the economy is going down and we have a massive bailout in action, people hunker down. I read here that people are only expecting things to get worse, which is exactly what the index reflects.

The DOW is not at a record low, although it has had a record drop. It is now about at the same level that it was three years ago. It has dropped about 20-25%. During the Great Depression the market lost almost 90% of its value.

I think people need to be cautious about posting these kind of things without fact checking. The most recent rumor that keeps getting posted is that the bailout is $425,000 per taxpayer. Things are bad enough without exaggeration.

 

[Fowl-Language]

mom'sfolly :

It is fairly easy to pick and choose which numbers to present to support a certain veiw point.

Oil and gas prices are determined by an international market place, all that lovely free trade, and congress or the president can do very little about the price fluctuations.

Unemployment rates are on the rise, but the have risen and fallen through the entire Bush admininstration. As a contrast, under the Clinton administration the unemployment rate showed a general downward trend.

The housing bubble has burst. Economists have been predicting it for years, perhaps decades. When bubbles burst, the economy tanks. The dot-com bubble collapse is certainly a recent example. When the housing bubble burst all that equity went away. The median price of a home in California was more than twice the national average, and many places on the east coast were nearly as high. These markets were unsustainable.

Consumer confidence reflects how people feel about the economy. After reading that the economy is going down and we have a massive bailout in action, people hunker down. I read here that people are only expecting things to get worse, which is exactly what the index reflects.

The DOW is not at a record low, although it has had a record drop. It is now about at the same level that it was three years ago. It has dropped about 20-25%. During the Great Depression the market lost almost 90% of its value.

I think people need to be cautious about posting these kind of things without fact checking. The most recent rumor that keeps getting posted is that the bailout is $425,000 per taxpayer. Things are bad enough without exaggeration.

Agree 100%!! But slander is so much more interesting!!​

 

[Poulets De Cajun]

I'M STILL TRYING TO FIGURE OUT WHY THE MODS KEEP ALLOWING POLITICAL DISCUSSION AND DEBATE ON A CHICKEN FORUM!!!

Keep your opinions to yourself, and unless its its poultry related, dont bother posting....