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Jobless claims fall to lowest level since 2008
Hey, mebbe that pointy ear guy from Vulcan is doing something right afterall.
http://finance.yahoo.com/news/jobles...123508114.html
If only those worthless republicans in that deep empty hole formerly known as the House would get out of his way so that he can move the country into high gear.
"All roads lead to Putin" -- Thomas Jefferson
For some interesting reading, bookmark this site and check it out daily.
http://www.dailyjobcuts.com/
salty, you're a moronic shrill.
I could try to explain the truth of what is really happening, but you wouldn't understand it, and not accept it even if you did.
The truth of what is really happening is that the country is slowly recovering from the GW Bush Great Recession. Still a long, long way to go and the republicans are the problem, not any solution.
The republicans stand for the 1%'ers and special interests. They have been a disaster for the country.
"All roads lead to Putin" -- Thomas Jefferson
You keep saying it and I'm never going to let you get away with it.Originally Posted by saltydawg
The recession was caused by the housing crisis, which was caused by both parties, but signed by Bill Clinton and expanded by George Bush. Both parties felt all Americans were entitled to homeownership and the housing market collapsed. To blame this on Bush is being VERY dishonest.
Baloney. GW Bush is the guy who PUSHED zero down mortgages on the folks who couldn't afford them.. Ask Guiss.You keep saying it and I'm never going to let you get away with it.
The recession was caused by the housing crisis, which was caused by both parties, but signed by Bill Clinton and expanded by George Bush. Both parties felt all Americans were entitled to homeownership and the housing market collapsed. To blame this on Bush is being VERY dishonest.
BTW, I'm a very honest guy.......
"All roads lead to Putin" -- Thomas Jefferson
Factcheck.org:
Here’s a partial list of those alleged to be at fault:
- The Federal Reserve, which slashed interest rates after the dot-com bubble burst, making credit cheap.
- Home buyers, who took advantage of easy credit to bid up the prices of homes excessively.
- Congress, which continues to support a mortgage tax deduction that gives consumers a tax incentive to buy more expensive houses.
- Real estate agents, most of whom work for the sellers rather than the buyers and who earned higher commissions from selling more expensive homes.
- The Clinton administration, which pushed for less stringent credit and downpayment requirements for working- and middle-class families.
- Mortgage brokers, who offered less-credit-worthy home buyers subprime, adjustable rate loans with low initial payments, but exploding interest rates.
- Former Federal Reserve chairman Alan Greenspan, who in 2004, near the peak of the housing bubble, encouraged Americans to take out adjustable rate mortgages.
- Wall Street firms, who paid too little attention to the quality of the risky loans that they bundled into Mortgage Backed Securities (MBS), and issued bonds using those securities as collateral.
- The Bush administration, which failed to provide needed government oversight of the increasingly dicey mortgage-backed securities market.
- An obscure accounting rule called mark-to-market, which can have the paradoxical result of making assets be worth less on paper than they are in reality during times of panic.
- Collective delusion, or a belief on the part of all parties that home prices would keep rising forever, no matter how high or how fast they had already gone up.
Salty, you just make up stuff dude. Get with the program if you want to be taken serious.
The truth of the matter is liberal idiots like you shouldn't be allowed to vote.
Bam!The truth of the matter is liberal idiots like you shouldn't be allowed to vote.
Glad you are finally posting again.
"All roads lead to Putin" -- Thomas Jefferson
The way unemployment is calculated was changed by the government.
Thank god the markets were closed today when the NFP (nonfarm payroll) data was released. Consensus estimates were >200k increase. Missed that by half. All is not well in the job market.
Job Claims Fall To Lowest Level Since 2008
There I fixed Salty's title for him.
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