Page 104 of 112 FirstFirst ... 45494102103104105106 ... LastLast
Results 1,031 to 1,040 of 1115

Thread: Obama announces his Candidacy for 2012.

  1. #1031
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Obama announces his Candidacy for 2012.

    more bad news, today:

    The pace of growth in the U.S. manufacturing sector tumbled in May, slackening more than expected to its slowest since September 2009, according to an industry report released Wednesday.
    US Manufacturing Slowest since Sept, 09

    let's sum up

    yesterday we saw the housing DOUBLE DIP of the previous month drop even more steeply

    yesterday we saw consumer confidence, no surprise, at a 6 month low, which was already deeply depressed

    a record number of americans, 45 million, we learned yesterday, are on food stamps

    but if you call barack the slasher a "food stamp president" folks like mr ed schultz will scream you're a racist

    food is fast becoming unaffordable, a generation of kids are getting used to top ramen 5 nites a week

    gas prices are thru the roof and always climb in summer

    and everyone from fox to msnbc is talking about "the historically weak recovery" which the usa today first pointed out about a week and a half ago and is surely linked somewhere in the pages above

    gdp in q1 was 1.8%

    stimulus, anyone?

    qe?

    seeya at the polls, pals

  2. #1032
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Obama announces his Candidacy for 2012.

    today:

    The Obama administration said Wednesday that the government will lose about $14 billion in taxpayer funds from the bailout of the U.S. auto industry.
    Govt to lose $14B of auto bailout funds - Yahoo! News

  3. #1033
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Obama announces his Candidacy for 2012.

    THE RECORD

    today:

    The percentage of their homes that Americans own is near its lowest point since World War II, the Federal Reserve said Thursday. The average homeowner now has 38 percent equity, down from 61 percent a decade ago.

    The latest bleak snapshot of the housing market came as mortgage rates hit a new a low for the year, falling below 4.5 percent for a 30-year fixed loan. But even alluring rates have failed to deliver any lift to the depressed housing industry.

    Of the people who have mortgages, 23 percent are "under water," meaning they owe more on the mortgage than their home is worth, according to the private real estate research firm CoreLogic. An additional 5 percent are nearing that point.

    The outlook for the housing market remains dim.

    Fixed mortgage rates average 4.49 percent, extremely low by historical standards, and have fallen for eight straight weeks. But most people can't meet tougher lending requirements. Falling rates make it easier to refinance, too, but many of the people who can afford to do that already have.

    And foreclosures keep hammering the housing market. On Thursday, the Obama administration said the three largest U.S. lenders - Wells Fargo, Bank of America and JPMorgan Chase - haven't helped enough people lower their mortgage payments to stay in their homes.

    The government said it has started withholding the cash incentives it established for lenders under its 2-year-old foreclosure prevention program. The administration had hoped the program would prevent as many as 4 million foreclosures, but it has helped fewer than 700,000 people.

    Many foreclosure sales have been delayed while federal regulators, state attorneys general and banks review how those foreclosures were carried out over the past two years. When those foreclosures go through, prices may fall even further.

    The report found household debt declined at an annual rate of 2 percent from the previous quarter, mostly because of a decline in mortgage debt, which has fallen for 12 straight quarters.

    But the decline is deceiving. Mortgage debt is coming down because so many Americans are defaulting on payments and losing their homes to foreclosure, not just because people are paying off loans.

    "A lot of this debt reduction is not voluntary," said Dana Saporta, director of U.S. economics at Credit Suisse.
    My Way News - Americans' equity in their homes near a record low

    only 700,000 hamped, and half of those already redefaulted: Half of U.S. Home Loan Modifications Default Again - Bloomberg

    party on, progressives

  4. #1034
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Obama announces his Candidacy for 2012.

    obama's america, continued

    yesterday:

    Those who earned (on average over the course of their careers) less than $11,700 per year, the lowest income quartile, would need to defer retirement till age 84 before 90% of those households would have just a 50% chance of affording retirement.

    Those who earned between $11,700 and $31,200 will need to work till age 76 to have a 50% chance of covering basic expenses in retirement. Those who earned between $31,200 and $72,500 will need to work to age 72 to have a 50% chance and those who earned more than $72,500, those in the highest income quartile, catch a break; they get stop working at age 65 to have a 50/50 chance of funding their retirement.
    WSJ: Many of us won't be able to retire until our 80's
    Last edited by The Prof; 06-11-11 at 03:30 PM.

  5. #1035
    Dungeon Master
    Somewhere in Babylon
    Jetboogieman's Avatar
    Join Date
    Jan 2010
    Location
    Somewhere in Babylon...
    Last Seen
    @
    Lean
    Undisclosed
    Posts
    24,272
    Blog Entries
    1

    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by The Prof View Post
    obama's america, continued

    yesterday:



    WSJ: Many of us won't be able to retire until our 80's
    oh please!

    Obama has done many things to make he situation worse, but all of this was set in motion long before he became president.

  6. #1036
    Sage
    Conservative's Avatar
    Join Date
    Dec 2009
    Location
    Houston, TX
    Last Seen
    Yesterday @ 09:13 AM
    Gender
    Lean
    Conservative
    Posts
    67,249

    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Jetboogieman View Post
    oh please!

    Obama has done many things to make he situation worse, but all of this was set in motion long before he became president.
    Liberal social engineering and trying to create equal outcome in a free enterprise society has created a dependent class that really doesn't know how to take care of itself.

  7. #1037
    Banned
    Join Date
    Jun 2010
    Last Seen
    05-06-12 @ 11:12 PM
    Lean
    Other
    Posts
    9,800

    Re: Obama announces his Candidacy for 2012.

    I don't plan to live to my 80's. Go, ME!

  8. #1038
    Dungeon Master
    Somewhere in Babylon
    Jetboogieman's Avatar
    Join Date
    Jan 2010
    Location
    Somewhere in Babylon...
    Last Seen
    @
    Lean
    Undisclosed
    Posts
    24,272
    Blog Entries
    1

    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by BDBoop View Post
    I don't plan to live to my 80's. Go, ME!
    I'm gonna be 18 til I die

  9. #1039
    Banned
    Join Date
    Jun 2010
    Last Seen
    05-06-12 @ 11:12 PM
    Lean
    Other
    Posts
    9,800

    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Jetboogieman View Post
    I'm gonna be 18 til I die
    My mom died shortly before her 75th birthday, and her mother died at age 70. I have high hopes that I'm not dragging around in diapers, no longer speaking English. If I start exhibiting signs of dementia, I have already granted myself permission to head outside and take a nap in a snow drift, during a blizzard.

  10. #1040
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Obama announces his Candidacy for 2012.

    Quote Originally Posted by Jetboogieman View Post
    all of this was set in motion long before he became president.
    he has no plan

    President's budget sinks, 97-0 - TheHill.com

Posting Permissions

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