Page 3 of 5 FirstFirst 12345 LastLast
Results 21 to 30 of 45

Thread: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

  1. #21
    Guru
    BWG's Avatar
    Join Date
    Jun 2005
    Location
    South Coast
    Last Seen
    12-04-17 @ 11:59 AM
    Gender
    Lean
    Undisclosed
    Posts
    3,203

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by Ockham View Post
    A large number I'm hoping. 200,000 is a good number.... "So be it" doesn't have the panache of a "So let it be written... so let it be done." Kinda wish Boehner went with that one instead but ... whatever.
    That's all well and good - from your perspective - but when will the cons begin to accept responsibility for their part in unemployment? My guess is never and the op strengthens that guess.


    Quote Originally Posted by j-mac
    Or are other stories like Egypt still more important than the failures of Obama to get this economy turned around.

    "So be it"
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

  2. #22
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 11:17 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,309

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by USA_1 View Post
    That campaign slogan is a little deceptive.
    Since the private sector(AIG, Leyman Bros, Countrywide, Goldman Sachs. IndyMac, etc) created the economic collapse how can that be? Getting out of it's way isn't going to help much, now is it? That was Bush's strategy. Remember? Without government help we would be in a depression worse than the Great Depression right now. Cutting taxes isn't the cure all like republicans claim. Bush's tax cuts during the housing boom helped creat the massive debt we have.

    Reagan wanted to get out of the way too. It led to a 180 billion dollar bailout of the savings and loans. History repeated itself because they never learn.
    The government forced those companies to make those risky loans. If the government had stayed out of it--obviously--it might not have happened.

    Getting out of it's way isn't going to help much, now is it?
    How much money does your average middle class oilfield hand see on his paycheck, now days? Think the government might have something to do with that decrease in pay? Not to mention the decrease in the government's share of his pay.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  3. #23
    Noblesse oblige
    Ockham's Avatar
    Join Date
    Oct 2009
    Location
    New Jersey
    Last Seen
    01-27-17 @ 07:23 PM
    Gender
    Lean
    Libertarian - Right
    Posts
    23,909
    Blog Entries
    4

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by BWG View Post
    That's all well and good - from your perspective - but when will the cons begin to accept responsibility for their part in unemployment? My guess is never and the op strengthens that guess.
    When will the Democrats accept their responsibility for it as they controlled the Congress since the 110th Congress (2007)? My guess also, is never.

    Quote Originally Posted by BWG View Post
    "So be it"
    Yes... now Conservatives are going to cut the hell out of that bloated budget. So be it... and hurry up!!
    “I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on what’s being proposed here, he’d agree with it. He would agree that the First Amendment cannot be absolute.” - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


  4. #24
    Guru
    USA_1's Avatar
    Join Date
    Dec 2009
    Location
    BANNED
    Last Seen
    04-16-11 @ 02:45 PM
    Gender
    Lean
    Independent
    Posts
    3,142

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by apdst View Post
    The government forced those companies to make those risky loans. If the government had stayed out of it--obviously--it might not have happened.

    y.
    Man , you really are brainwashed.
    How many loans did the government force them to make? Did the government force AIG to buy mortgage backed securities? I am not even going to waste my time.

    http://www.responsiblelending.org/mo...-meltdown.html

    The Comptroller of the Currency. John C. Dugan, agrees: "CRA [the Community Reinvestment Act] is not the culprit behind the subprime mortgage lending abuses, or the broader credit quality issues in the marketplace. Indeed, the lenders most prominently associated with subprime mortgage lending abuses and high rates of foreclosure are lenders not subject to CRA. A recent study of 2006 Home Mortgage Disclosure Act data showed that banks subject to CRA and their affiliates originated or purchased only six percent of the reported high cost loans made to lower-income borrowers within their CRA assessment areas.
    Last edited by USA_1; 02-17-11 at 02:46 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  5. #25
    pirate lover
    liblady's Avatar
    Join Date
    Aug 2009
    Location
    St Thomas, VI
    Last Seen
    03-14-16 @ 03:55 PM
    Gender
    Lean
    Progressive
    Posts
    16,165
    Blog Entries
    1

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by apdst View Post
    The government forced those companies to make those risky loans. If the government had stayed out of it--obviously--it might not have happened.



    How much money does your average middle class oilfield hand see on his paycheck, now days? Think the government might have something to do with that decrease in pay? Not to mention the decrease in the government's share of his pay.
    the governemnt never forced anybody to make risky loans. that's a blatant lie.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


  6. #26
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 11:17 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,309

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by liblady View Post
    the governemnt never forced anybody to make risky loans. that's a blatant lie.
    No it's not. You know it's not.

    Any of you ever hear of Fannie and Freddie? Wanna guess who owns half the toxic debt? Wanna guess whose been running the show at those two orgs?

    Anybody? Anybody? Bueller?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  7. #27
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 11:17 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,309

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  8. #28
    Guru
    USA_1's Avatar
    Join Date
    Dec 2009
    Location
    BANNED
    Last Seen
    04-16-11 @ 02:45 PM
    Gender
    Lean
    Independent
    Posts
    3,142

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by apdst View Post
    No it's not. You know it's not.

    Any of you ever hear of Fannie and Freddie? Wanna guess who owns half the toxic debt? Wanna guess whose been running the show at those two orgs?

    Anybody? Anybody? Bueller?
    You just repeat talking points without knowing what you are talking about. You might want to do some research and learn the truth.

    Fannie Mae and Freddie Mac were victims, not culprits - BusinessWeek

    Start with the most basic fact of all: virtually none of the $1.5 trillion of cratering subprime mortgages were backed by Fannie or Freddie. That’s right — most subprime mortgages did not meet Fannie or Freddie’s strict lending standards. All those no money down, no interest for a year, low teaser rate loans? All the loans made without checking a borrower’s income or employment history? All made in the private sector, without any support from Fannie and Freddie.

    Look at the numbers. While the credit bubble was peaking from 2003 to 2006, the amount of loans originated by Fannie and Freddie dropped from $2.7 trillion to $1 trillion. Meanwhile, in the private sector, the amount of subprime loans originated jumped to $600 billion from $335 billion and Alt-A loans hit $400 billion from $85 billion in 2003. Fannie and Freddie, which wouldn’t accept crazy floating rate loans, which required income verification and minimum down payments, were left out of the insanity.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  9. #29
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 11:17 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,309

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    Quote Originally Posted by USA_1 View Post
    You just repeat talking points without knowing what you are talking about. You might want to do some research and learn the truth.

    Fannie Mae and Freddie Mac were victims, not culprits - BusinessWeek

    Start with the most basic fact of all: virtually none of the $1.5 trillion of cratering subprime mortgages were backed by Fannie or Freddie. That’s right — most subprime mortgages did not meet Fannie or Freddie’s strict lending standards. All those no money down, no interest for a year, low teaser rate loans? All the loans made without checking a borrower’s income or employment history? All made in the private sector, without any support from Fannie and Freddie.

    Look at the numbers. While the credit bubble was peaking from 2003 to 2006, the amount of loans originated by Fannie and Freddie dropped from $2.7 trillion to $1 trillion. Meanwhile, in the private sector, the amount of subprime loans originated jumped to $600 billion from $335 billion and Alt-A loans hit $400 billion from $85 billion in 2003. Fannie and Freddie, which wouldn’t accept crazy floating rate loans, which required income verification and minimum down payments, were left out of the insanity.
    Who was calling the shots at Fannie and Freddie? Was it politicians?

    The Trillion-Dollar Bank Shakedown That Bodes Ill for Cities by Howard Husock, City Journal Winter 2000


    Another one,

    http://www.lewrockwell.com/dilorenzo/dilorenzo125.html
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  10. #30
    pirate lover
    liblady's Avatar
    Join Date
    Aug 2009
    Location
    St Thomas, VI
    Last Seen
    03-14-16 @ 03:55 PM
    Gender
    Lean
    Progressive
    Posts
    16,165
    Blog Entries
    1

    Re: U.S. Initial Jobless Claims Rose 25,000 to 410,000 Last Week

    your claim is a lie, sir.......and your post did not prove otherwise.

    Originally Posted by johnny_rebson:

    These are the same liberals who forgot how Iraq attacked us on 9/11.


Page 3 of 5 FirstFirst 12345 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •