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Thread: CNN poll: 52% say Obama doesn't deserve reelection in 2012

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by Gill View Post
    You actually think that banks loaned money for mortgages at a lower interest rate than they had to pay for it????

    Please tell me you are not serious. Banks don't typically loan money at a loss, at least not in the real world.

    did you check out my link? yes, they did loan at rates lower than prime.....the prime rate is not necessarily what banks have to pay for money. see, a bank has deposits, which can fund a lot of their loans at a much lower cost.

    see how that works?

    Originally Posted by johnny_rebson:

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


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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by liblady View Post
    did you check out my link? yes, they did loan at rates lower than prime.....the prime rate is not necessarily what banks have to pay for money. see, a bank has deposits, which can fund a lot of their loans at a much lower cost.

    see how that works?
    Why bother? He doesn't have a clue.
    "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

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by USA-1 View Post
    Why bother? He doesn't have a clue.
    USA, you don't do much better here on this thread than you do on the Obama State of the Union thread or any other. Fact is during the Carter years we had a high period of inflation and that drove up interest rates to try and slow down inflation. the Carter economic plan was a disaster and the interest rates hurt a lot of Americans.

    You are right that the President does not set interest rates but his economic policy affects the Fed and the Fed then reacts with interest rate moves. We had a misery index of high interest and high inflation plus rising unemployment. Carter is recognized as one of our worst Presidents and will soon be joined by Obama.

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by Conservative View Post
    USA, you don't do much better here on this thread than you do on the Obama State of the Union thread or any other. Fact is during the Carter years we had a high period of inflation and that drove up interest rates to try and slow down inflation. the Carter economic plan was a disaster and the interest rates hurt a lot of Americans.

    You are right that the President does not set interest rates but his economic policy affects the Fed and the Fed then reacts with interest rate moves. We had a misery index of high interest and high inflation plus rising unemployment. Carter is recognized as one of our worst Presidents and will soon be joined by Obama.
    Look at the numbers.
    Volcker set interest rates high to combat the out of control inflation that Carter inherited from the previous administrations. High gas prices were what fueled inflation and the first Arab oil embargo was during Nixons term.
    It amazes me how some people can ignore historical records and depend on spin to formulate their opinions.

    Nixon, Ford and Carter all experienced out of control inflation. It was so bad under Nixon he implemented The Wage and Price freeze that made things worse. You just seem to ignore that fact of history.


    Inflation
    969 4.4 4.7 5.2 5.5 5.5 5.5 5.4 5.7 5.7 5.7 5.9 6.2 5.5
    1970 6.2 6.1 5.8 6.1 6.0 6.0 6.0 5.4 5.7 5.6 5.6 5.6 5.7
    1971 5.3 5.0 4.7 4.2 4.4 4.6 4.4 4.6 4.1 3.8 3.3 3.3 4.4
    1972 3.3 3.5 3.5 3.5 3.2 2.7 2.9 2.9 3.2 3.4 3.7 3.4 3.2
    1973 3.6 3.9 4.6 5.1 5.5 6.0 5.7 7.4 7.4 7.8 8.3 8.7 6.2
    1974 9.4 10.0 10.4 10.1 10.7 10.9 11.5 10.9 11.9 12.1 12.2 12.3 11.0
    1975 11.8 11.2 10.3 10.2 9.5 9.4 9.7 8.6 7.9 7.4 7.4 6.9 9.1
    1976 6.7 6.3 6.1 6.0 6.2 6.0 5.4 5.7 5.5 5.5 4.9 4.9 5.8
    1977 5.2 5.9 6.4 7.0 6.7 6.9 6.8 6.6 6.6 6.4 6.7 6.7 6.5
    1978 6.8 6.4 6.6 6.5 7.0 7.4 7.7 7.8 8.3 8.9 8.9 9.0 7.6
    1979 9.3 9.9 10.1 10.5 10.9 10.9 11.3 11.8 12.2 12.1 12.6 13.3 11.3
    1980 13.9 14.2 14.8 14.7 14.4 14.4 13.1 12.9 12.6 12.8 12.6 12.5 13.5
    1981 11.8 11.4 10.5 10.0 9.8 9.6 10.8 10.8 11.0 10.1 9.6 8.9 10.3
    1982 8.4 7.6 6.8 6.5 6.7 7.1 6.4 5.9 5.0 5.1 4.6 3.8 6.2
    1983 3.7 3.5 3.6 3.9 3.5 2.6 2.5 2.6 2.9 2.9 3.3 3.8 3.2
    1984 4.2 4.6 4.8 4.6 4.2 4.2 4.2 4.3 4.3 4.3 4.1 3.9 4.3


    You'll notice inflation dropped for awhile during Carters years before it peaked in 80. You'll notice both spikes in inflation coincide with the Arab oil embargos.



    And Carters unemployment rates were about the same as Nixon and Reagan. Better than Reagans first term.
    Last edited by USA_1; 02-25-10 at 07:36 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

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by USA-1 View Post
    Look at the numbers.
    Volcker set interest rates high to combat the out of control inflation that Carter inherited from the previous administrations. High gas prices were what fueled inflation and the first Arab oil embargo was during Nixons term.
    It amazes me how some people can ignore historical records and depend on spin to formulate their opinions.

    Nixon, Ford and Carter all experienced out of control inflation. It was so bad under Nixon he implemented The Wage and Price freeze that made things worse. You just seem to ignore that fact of history.


    Inflation
    969 4.4 4.7 5.2 5.5 5.5 5.5 5.4 5.7 5.7 5.7 5.9 6.2 5.5
    1970 6.2 6.1 5.8 6.1 6.0 6.0 6.0 5.4 5.7 5.6 5.6 5.6 5.7
    1971 5.3 5.0 4.7 4.2 4.4 4.6 4.4 4.6 4.1 3.8 3.3 3.3 4.4
    1972 3.3 3.5 3.5 3.5 3.2 2.7 2.9 2.9 3.2 3.4 3.7 3.4 3.2
    1973 3.6 3.9 4.6 5.1 5.5 6.0 5.7 7.4 7.4 7.8 8.3 8.7 6.2
    1974 9.4 10.0 10.4 10.1 10.7 10.9 11.5 10.9 11.9 12.1 12.2 12.3 11.0
    1975 11.8 11.2 10.3 10.2 9.5 9.4 9.7 8.6 7.9 7.4 7.4 6.9 9.1
    1976 6.7 6.3 6.1 6.0 6.2 6.0 5.4 5.7 5.5 5.5 4.9 4.9 5.8
    1977 5.2 5.9 6.4 7.0 6.7 6.9 6.8 6.6 6.6 6.4 6.7 6.7 6.5
    1978 6.8 6.4 6.6 6.5 7.0 7.4 7.7 7.8 8.3 8.9 8.9 9.0 7.6
    1979 9.3 9.9 10.1 10.5 10.9 10.9 11.3 11.8 12.2 12.1 12.6 13.3 11.3
    1980 13.9 14.2 14.8 14.7 14.4 14.4 13.1 12.9 12.6 12.8 12.6 12.5 13.5
    1981 11.8 11.4 10.5 10.0 9.8 9.6 10.8 10.8 11.0 10.1 9.6 8.9 10.3
    1982 8.4 7.6 6.8 6.5 6.7 7.1 6.4 5.9 5.0 5.1 4.6 3.8 6.2
    1983 3.7 3.5 3.6 3.9 3.5 2.6 2.5 2.6 2.9 2.9 3.3 3.8 3.2
    1984 4.2 4.6 4.8 4.6 4.2 4.2 4.2 4.3 4.3 4.3 4.1 3.9 4.3


    You'll notice inflation dropped for awhile during Carters years before it peaked in 80.
    Do you know when Carter was President? The election was in November 1980. Stop making a fool out of yourself. 78/80 were horrible and Carter was President.

  6. #236
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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by Conservative View Post
    Do you know when Carter was President? The election was in November 1980. Stop making a fool out of yourself. 78/80 were horrible and Carter was President.
    Duh. I know when he was president and inflation figures were just as "horrible" in 74-75. Nixon/Ford were in control then. Not Carter.. The second Arab oil embargo caused the skyrocketing inflation in 79-80 just like the first one under Nixon.
    Unemployment was worse under Reagan and inflation was finally brought under control. Volckers plan to reduce inflation by raising interest rates was a success.

    Nixon/Ford, Carter and Reagan's first term were equally miserable yet Carter is the only one that gets blamed. That is what partisan spin does to history
    Last edited by USA_1; 02-25-10 at 07:51 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

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by USA-1 View Post
    Duh. I know when he was president and inflation figures were just as "horrible" in 74-75. Nixon/Ford were in control then. Not Carter.. The second Arab oil embargo caused the skyrocketing inflation in 79-80 just like the first one under Nixon.
    Unemployment was worse under Reagan and inflation was finally brought under control. Volckers plan to reduce inflation by raising interest rates was a success.

    Nixon/Ford, Carter and Reagan's first term were equally miserable yet Carter is the only one that gets blamed. That is what partisan spin does to history
    Keep digging that hole deeper. Read the chart you posted on inflation. Then you post an unemployment chart that has both Reagan and Nixon better. You simply cannot admit that you are wrong.

    Carter inflation was the worst on your chart. There was a worse oil embargo in 1973 and Carter wasn't in office. Jimmy Carter was the worst President in Modern history until now. Obama will be Carter's savior.

    Reagan truly inherited a mess. Obama inherited a mess that he helped create.

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by Conservative View Post
    Keep digging that hole deeper. Read the chart you posted on inflation. Then you post an unemployment chart that has both Reagan and Nixon better. You simply cannot admit that you are wrong.

    Carter inflation was the worst on your chart. There was a worse oil embargo in 1973 and Carter wasn't in office. Jimmy Carter was the worst President in Modern history until now. Obama will be Carter's savior.

    Reagan truly inherited a mess. Obama inherited a mess that he helped create.
    How exactly did Obama have anything to do with the recession that started before he was in office? Which votes did he make that had a direct effect on the economy?

    If you want to claim Obama exhaberrated it when he was in office then so did Reagan. It took Reagan 3 and a half years to get unemployment down to the levels it was at when Reagan took office. Meanwhile Reagan still blamed Carter for the mess and you gave Reagan a pass.

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Quote Originally Posted by PogueMoran View Post
    How exactly did Obama have anything to do with the recession that started before he was in office? Which votes did he make that had a direct effect on the economy?

    If you want to claim Obama exhaberrated it when he was in office then so did Reagan. It took Reagan 3 and a half years to get unemployment down to the levels it was at when Reagan took office. Meanwhile Reagan still blamed Carter for the mess and you gave Reagan a pass.
    Since we have three equal branches of govt. are you telling me the legislative branch had no responsibility in the recession we have today? We do not elect a King and we had a Congress more interested in regaining the WH than in doing anything to help the economy and make Bush look good.

    Reagan did the right thing, focused on the private sector, Obama focused on the public sector. Reagan started getting results one year after his tax cuts went through, it has been over a year since Obama's stimulus plan went through and all we have to show for it is continued growth in unemployment and debt.

    Reagan wasn't in the Congress thus he inherited the Carter mess. Obama was and helped create it.

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    Re: CNN poll: 52% say Obama doesn't deserve reelection in 2012

    Carter was to blame for the OPEC oil crisis and the ensuing inflation. Obama is to blame for the recession. Bush was no doubt to blame for the hurricane in NO.

    The president is always to blame for all disasters, natural and man made.

    right?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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