Drudge Retort: Red Meat for Yellow Dogs

With consumer confidence slipping and gasoline and food prices soaring, President Bush delivered an unusually dark assessment of the economy on Tuesday, saying the nation was in “very difficult times, very difficult.”

Liberal Blog Advertising Network

Menu

Subscriptions

Author Info

rcade

MORE STORIES

Special Features

Links

Comments

Admin's note: Participants in the discussion of this weblog entry should note the site's moderation policy.

Some things that Bush has some say in could help, Quit federal subsidies for ethanol, drill in Anwar, drill off the coasts of Florida and California, and start cranking up 50 new nuclear power plants.

listened to rep from iowa and duncan hunter on cspan this evening and they were talking about all of this and the ethonol effect on food prices and such and its REAL simply.
in 1994, bill clinton axed drilling in anwar.....it would probably have been up and running for a year or so by now and it would have helped.
and we hear of huge finds in dakota and in brazil and off the gulf coast a couple of years ago and how many other places and so why arent they getting started in those places......
environmental wacks who vote for democrats......

and one other item..

could someone make a graph or something like that and start it with the first day of congress after the election of 2006....and trace the economic downturn or oil prices and all of that ......
and remember one little fact......since that day in 2006, democrats have controlled congress.

and let me go ahead and make a comment about commens that are sure to follow....if a bush policy is responsible, then why hasnt the democrat congress done something about it instead of sitting on their ass?

and let me go ahead and make a comment about commens that are sure to follow....if a bush policy is responsible, then why hasnt the democrat congress done something about it instead of sitting on their ass?

What did you expect of Chimpy? The lush bankrupted the three companies Poppy set up for him so this was bound to happen. Whistle Ass now has two recessions to go along with the two quagmires.

I knew when he cut interest rates 7 years ago that he was prolonging an inevitable recession.

in 1994, bill clinton axed drilling in anwar.....it would probably have been up and running for a year or so by now and it would have helped.

Bullshit. Anwar would only produce 6 months worth of oil for use here in the U.S. -- drop in the bucket. You Republicans use that as your excuse for justifying the skyrocketing costs of everything. Anwar will accomplish nothing to bring down the cost of oil.

We have two big oil boys in the White House. In 2001 oil was $20 a barrel. In 2008 it's now almost $120 a barrel. Oil is being paid for now in Euros in many countries and Iran plans on paying in Euros next -- which will cost Americans even more money.

Huge amounts of oil are now being searched for and extracted out of the deepwater areas of the Gulf of Mexico but that's not a cheap process and the oil companies are not going to do it for free or without a profit and why should they. But there must be other methods of controlling the price of oil already being pumped now over in the Middle East.

What happened to the oil deals we were suppose to get out of Iraq? If we don't even get to see a share of the Iraq oil then we should have never gone into that war and instead used the TRILLIONS it's costing us for Bush's illegal war in Iraq to instead subsidize the cost of oil to the U.S. consumer.

Oil prices affect everything because all manufacturing products, food brought to the market, you name it, is either driven in trucks or shipped by cargo ships but they all run on OIL. I find it hard to believe that the mighty U.S. cannot demand and negotiate better and lower oil prices with OPEC -- unless this particular Administration likes those high OPEC oil prices just the way they are.

Anwar is a cheap excuse. 6 months worth of oil -- a spit in the bucket. WHY don't the two oil boys in the WH use their pull to get the oil prices cut back or at least stablized instead of rising higher every day? Because the higher the cost of oil goes the more money Bush, Cheney, and their buddies make in their bank accounts from their oil stocks. But the cost of gasoline is killing the American middle class whose wages are stagnant and everything around them is getting higher in cost. Today ONLY regular unleaded gas is les than $4.00 a gallon here in California. Supreme is about $4.03 a gallon.

The Bush economy (and he's had control for the last 8 years!) is so bad that I heard today that a study done by Kaiser Health insurance actually reported that 7% of all new marriages are now "marriages of convenience" and they marry so that one of partners can get on the other's employee's health insurance policy as a "spouse."

I got to thinking the other night -- and it has nothing to do with political loyalty at all -- but I could not think of one single thing with regard to taking care of our country and our citizens that George W. Bush has not fucked up to the max. Not one program, not one endeavor, not the handling of a domestic disaster, our economy, our borders, his illegal war, the trade deficit being the highest in history, his fetish for privatizing and selling off everything that used to be American, and on and on it goes.

Our WORST enemy who wanted to take this country down could not have asked for a better person as President to do all he could during his term in office to destroy this country than GWB has done. I honestly could not think of ONE thing he has done for the betterment of the average U.S. citizen -- nothing. It will take us years to recover from the worst Administration in U.S. history.

I will now step off my soapbox.

Califchris here's a few things he has done.

Lets see, tax cuts, prescription drug plan for elderly, low interest rates, low unemployment(lower than average of 70's, 80's, or 90's), longest housing boom ever, increased federal spending on education more than any other president in history, 2 tax rebates, all while fighting 2 wars on 2 different fronts.

Bee Swell

Tax cuts....LOL!
Prescription drugs was not done by him.
Low interest rates????
Low unemployment...LOL.

Bush just changed how we take the stats so they would look good, that's what got us into the mess in the first place.

It just gets tiring listening to these stupid idiotic crap from the right. They have no leg to stand on but continue trying to pipe the propaganda out every time.

Crackpipejunkie

Califchris here's a few things he has done.

Not room to cover them all. I'll just touch on a couple of your points above one by one --

prescription drug plan for elderly,

Prescription drugs for the elderly?
More like a huge giveaway to the big pharmaceutical companies.
That program (called Medicare Part D) allowed many corporations to dump their retirees' who used to have low prescription drug benefit costs with their company's retirement health insurance and instead forced those retirees to go on "Medicare Part D" which cost them much more money, left huge gaps in their coverage, and was a swindle from the beginning. Seniors on Medicare were the big losers on that one, and the big pharmaceuticals were the big winners.

If you wanted proof that it was only for Bush's big pharma corporate pals, Medicare Part D would not allow the use of bargaining power (which would have been huge with the millions on Medicare) to get lower drug prices. (The VA uses its huge bargaining power for cheap drug costs and so do many other programs with a lot of people in it.) Medicare Part D could have done the same thing but Bush REFUSED to allow it because the big pharmaceutical companies did not want it. Medicare Part D was done to allow corporations to save themselves millions of dollars by getting rid of their own retirees' precription drug programs and shoving their retirees into Medicare Part D. The retirees had no choice in the matter.

2 tax rebates

Grateful to Bush for a stinking $600 rebate and another $300 rebate? Ask the millions out of work due to Bush's free trade debacles and corporate downsizing how indebted they should be to Bush for a stinking $900. Maybe it could pay for one month's health insurance premium because Bush has allowed the insurance companies to run amok on their charges and millions have had to now go without insurance. Bush tossed those two stinking tax rebates at the American public like a bone being tossed to a dog.


low unemployment

Anybody with a brain knows that the unemployment stats are only kept for people out of work 6 months. After that they go off the rolls even though they may continue to be unemployed for 28 months. And what kind of jobs do they have to look forward to anyway? Competing with Jose serving hamburgers at a fast food joint? Bush destroyed America's once mighty manufacturing ability and the jobs that went with it.

You know I'm correct. I have facts to back up everything.
I just wonder why you continue to back that loser. What has Bush done for you? $$$$$$$$$. You sold your soul and sold out your country to worship at Bush's feet? There had to be bucks to be made for you in there somewhere, huh?

Well, good night.
You probably have Bush's photo imprinted on your pillow.


Califchris, you keep saying that Bush destroyed the manufacturing sector. You know that is not true. It was Bill Clinton and Al Gore who created that great sucking sound Ross Perot was speaking about when they signed NAFTA. Next time give credit where credit is due.

The method for computing unemployment is the same under Bush as it was for Clinton.

I admit 2 rebates are not much but certainly more than Clintons largest tax increase in american history.

As for the prescription drug plan both my mother and my father in law have it seem reasonable happy with it. Neither had extended health care benefits from any previous employer. I have only ever known one person who does. So for the rest of us Part D is still better than nothing.

You say Bush has allowed insurance companies to run amok on their charges. What laws has he signed to make this happen? None of course. Insurance companies are out for themselves the same as they have always been. They were the same under Clinton, Bush Sr., Reagan, etc.

You are certainly full of hate for him but your hate has blinded to all truth. You twist things to make them what you want to believe.

Bush is not my savior nor was Clinton or any other president. As for his performance as president it was certainly good enough to get him reelected. I know that drives libs like yourself insane.

Bee Swell

me bush thinks we use gator aid for gas. it has electrolites in it.

When you run unnecessary wars and give tax cuts to the wealthy you cause inflation. I thought we learned that back in the seventies but apparently not. There is no shortage of oil that Anwar could fix, that isn't the problem though the nitwits of the world will forever claim it is. The problem is that the dollar has lost its value. Making the tax cuts that helped make the dollar worthless permanent will only insure that the dollar never recovers its value.
Oh, Crackpipe, get a clue about the economy of these past six years and how abruptly it all came to an end when the housing bubble burst. The false prosperity of the past six years was fueled by equity loans which are now due and payable and thus foreclusures are up 112%. February had the fastest decline in housing prices in.....history! Now Grandpa McCain and his VP nominee Hillary Clinton propose to save us all 30 dollars over the summer by eliminating gas taxes which will end up costing the nation 300,000 jobs and we already know our bridges and roads are deteriorating. McCain and Clinton have sunk to pandering to folks trying to make ends meet with pretend fixes instead of real proposals.

Pulling oil from the ground will NOT help, the supply of oil is not the problem, the demand for oil is not the problem.

It is surprising how few people actually understand this.

Oil companies controlling the amount of refining is causing the gas price problem. Printing more U.S. dollars causing inflation is the oil price problem.

Yet this administration continues to say inflation is low but the price of oil is tied to inflation. OPEC will not take less value for their oil, that is fact.

Bush destroyed America's once mighty manufacturing ability and the jobs that went with it.


Chris, to be fair, Clinton started the free trade debacle in motion with NAFTA and as much as the righties would love to believe otherwise this recession (not slow period, downturn or otherwise) is the manifestation of the devaluing of American worker wages coming home to roost.

Inflation was artificially kept low during the late 80's, 90's and early 2000's due to the unreasonably low cost of energy. Anyone could see that once energy prices started increasing the effects would ripple throughout the rest of the economy. Foolishly this nation poured its efforts into consumption rather than conservation and alternative energies. Drilling in ANWAR is just more of the same failed policies that got us to this point.

Sadly the real effect of this recession has not been fully felt. Economists love to crow about how this recession will be shallow and short lived. I hope they are right. I beleive they are wrong.

Increasing energy and food prices are gobbling up what little disposable income the consumer had to go to the movies, eat out and buy luxury items. And in an economy built on service and consumption this does not bode well.

We are caught in a vicisious cycle. They only way out is to decrease energy prices (highly unlikely) or increase wages. Increase wages and the inflation rate goes even higher. Of course the CEO's and elite in this nation could cut their pay to give the workers a boost, but I doubt that idea would ever make it to the boardroom.

Bush destroyed America's once mighty manufacturing ability and the jobs that went with it.


Chris, to be fair, Clinton started the free trade debacle in motion with NAFTA and as much as the righties would love to believe otherwise this recession (not slow period, downturn or otherwise) is the manifestation of the devaluing of American worker wages coming home to roost.

Inflation was artificially kept low during the late 80's, 90's and early 2000's due to the unreasonably low cost of energy. Anyone could see that once energy prices started increasing the effects would ripple throughout the rest of the economy. Foolishly this nation poured its efforts into consumption rather than conservation and alternative energies. Drilling in ANWAR is just more of the same failed policies that got us to this point.

Sadly the real effect of this recession has not been fully felt. Economists love to crow about how this recession will be shallow and short lived. I hope they are right. I beleive they are wrong.

Increasing energy and food prices are gobbling up what little disposable income the consumer had to go to the movies, eat out and buy luxury items. And in an economy built on service and consumption this does not bode well.

We are caught in a vicisious cycle. They only way out is to decrease energy prices (highly unlikely) or increase wages. Increase wages and the inflation rate goes even higher. Of course the CEO's and elite in this nation could cut their pay to give the workers a boost, but I doubt that idea would ever make it to the boardroom.

Bush destroyed America's once mighty manufacturing ability and the jobs that went with it.


Chris, to be fair, Clinton started the free trade debacle in motion with NAFTA and as much as the righties would love to believe otherwise this recession (not slow period, downturn or otherwise) is the manifestation of the devaluing of American worker wages coming home to roost.

Inflation was artificially kept low during the late 80's, 90's and early 2000's due to the unreasonably low cost of energy. Anyone could see that once energy prices started increasing the effects would ripple throughout the rest of the economy. Foolishly this nation poured its efforts into consumption rather than conservation and alternative energies. Drilling in ANWAR is just more of the same failed policies that got us to this point.

Sadly the real effect of this recession has not been fully felt. Economists love to crow about how this recession will be shallow and short lived. I hope they are right. I beleive they are wrong.

Increasing energy and food prices are gobbling up what little disposable income the consumer had to go to the movies, eat out and buy luxury items. And in an economy built on service and consumption this does not bode well.

We are caught in a vicisious cycle. They only way out is to decrease energy prices (highly unlikely) or increase wages. Increase wages and the inflation rate goes even higher. Of course the CEO's and elite in this nation could cut their pay to give the workers a boost, but I doubt that idea would ever make it to the boardroom.

The cost of energy doesn't cause inflation, printing money causes inflation. When the government spends more than it takes in revenue as it does during war we get inflation and when they further exacerbate the problem by giving tax cuts to rich folks at the same time it is what we have today. Get ready folks it is going to be a bumpy ride the next few years thanks to the disastrous policies of GWB.

You want to get down to brass tacks regarding this Free Trade debacle need to go all the way back to Ford. He is the one who started talking about how great Free Trade would be for America. He's the one You need to bitch at.

Larry Mohr

Actually Larry it was Nixon who went to China and made friends with the Communist dictator while righties here in the US stupidly called Democrats Commies.

.....and to think that there are actually people out there that still want his brother 'jeb' to run.....fucking insanity.

With Daddy mangling the economy and now his retarded son trying to outdo by driving the country deeper into a hole, I would hope this family is done with washington, but people seem to forget so quickly.

At least Bush 43 is currently considered the "WORST PRESIDENT EVER"
......BWAAAAHAAAHAAAHAAAA. I love it.

Just ignore that dipshit 'ass-crack-junkie'. She/It is a blind apologist that won't admit anything negative regarding the shrub and then fabricates myths in favor of the Cheerleader-In-Chief.

Not only is it not easy but he does not have the brains to fix it anyway.

Danni give it up you know jack shit about economics, like your prediction that BancAmerica was going down due to subprime!

Moneywar, please tell us why gas costs so much in every western country that's a net importer of oil! And why is it so much more in Europe compared to US

2 tax rebates, all while fighting 2 wars on 2 different fronts.


Both wars funded with borrowed money (Won't even mention losing them)-record deficits every year since the last surplus in 2000. Doubled the Federal debt.

"The government is looking for various ways to borrow the billions of dollars in extra cash it will need to cover a budget deficit that is expected to jump to an all-time high this year, surpassing the old mark of $413 billion set in 2004. Private economists are projecting that the deficit for this year could surge as high as $500 billion.

A big part of the increased borrowing reflects the need to pay for economic-stimulus rebates to 130 million households. The government began disbursing the payments on Monday in an effort to give the economy a jump start.

The government stopped issuing the one-year securities in February 2001, a year when the government recorded a surplus of $127 billion. That was the fourth consecutive surplus but was also the last time the government's books were in the black. The budget was pushed back into the red by a recession, increased spending to fight wars in Afghanistan and Iraq and, Democrats contend, by President Bush's first-term tax cuts."


Maybe we should just go buy some shoes.

"Danni give it up you know jack shit about economics, like your prediction that BancAmerica was going down due to subprime!"

I said BancAmerica was going down??? I remember saying that BancAmerica had been speaking to Congressmen about a bailout for mortgage companies but I do not remember saying BancAmerica was going down. Buying Countrywide though, IMHO, was done with the liklihood of a bailout in mind.

If a bush policy is responsible, then why hasn't the democratic congress done something about it instead of sitting on their ass?

Posted by bushlovertwo


For the 5,000th time... because your fuckin' little heero has the Veto and your likewise little Repub senate has the filibuster,
and the Dem senate majority hangs on the whims of Lieberscum .... any other questions ?

"2 tax rebates, all while fighting 2 wars on 2 different fronts."

Don't forget the Bush tax codes, slashing dividend taxes by 60% on everyone making $350K or more a year.

Get ready folks it is going to be a bumpy ride the next few years thanks to the disastrous policies of GWB.

Of course no mention of the current Congress. You remember? The party you touted as the answer to all our problems? Remind everyone one thing Congress has done to help the economy? I know it has only been 15 months and like you blaming Bush seems to be acceptable, but it would be nice to one campaign lie of 06 fulfilled.

crispee_oc :
I've explained it above to BLT2 but seeing as how you can't read :

For the 5,000th time... because your fuckin' little heero has the Veto and your likewise little Repub senate has the filibuster,
and the Dem senate majority hangs on the whims of Lieberscum .... any other questions ?

"Lets see, tax cuts..."

Leading to the largest deficits known to man since the dawn of time.

"prescription drug plan for elderly..."

Defying a Republican principle of good business: denying to 40 million what 40 get: a volume discount.

"low interest rates"

Artifically enacted.

"low unemployment(lower than average of 70's, 80's, or 90's)..."

Provided you ignore the "discouraged workers"

"longest housing boom ever..."

Provided you ignore the recent precipitous drops.

"increased federal spending on education more than any other president in history..."

If you don't factor in inflation.

" 2 tax rebates, all while fighting 2 wars on 2 different fronts."

All idiocy, if you're a student of history.

"Bee Swell"

From such a hack, he can't be original. Typical.

Get ready folks it is going to be a bumpy ride the next few years thanks to the disastrous policies of GWB.

my prediction is already coming true. I've been predicting that if the Dems get the WH and get nothing done, they will blame the previous adminitstration.

Danni is getting a head start on that prediction, I see.

So if the Dems can't fix the problems, why should we vote for them?

My prediction is that goatman will say anything no matter how idiotic just to get a rise out of democratic supporters.

From such a hack, he can't be original. Typical.

Danforth, that is just goatman using another id.

Crackpipejunkie ==

Califchris, you keep saying that Bush destroyed the manufacturing sector. You know that is not true. It was Bill Clinton and Al Gore who created that great sucking sound Ross Perot was speaking about when they signed NAFTA. Next time give credit where credit is due.

NAFTA was Clinton's fault and he was also pressured into it with a Republican Congress. Clinton is a globalist -- just like Bush -- but Bush has taken globalism to a whole new level. He ramped up and encouraged outsourcing to China and India and even gave incentives and tax cuts to corporations for doing so. Bush ramped up globalism 10,000 times more than Clinton ever did. Go ahead and try and deny Bush wants a NAU.

Example of how much worse Bush is -- even Clinton would not allow the Mexican trucks under NAFTA to go more than 30 miles past the border before turning the goods over to U.S. trucks. Bush actually took us to court to fight against American truckers and citizen safety in order to allow Mexican trucks to drive all across the U.S.

Your comment --

You say Bush has allowed insurance companies to run amok on their charges. What laws has he signed to make this happen?

You don't get the picture do you? To change our federal rules and regulations it is not required to have a "law" be signed and passed and nor does changing federal rules and regulations need any Congressional approval. So Bush has allowed corporate interests to rewrite and/or ignore any and all federal rules and regulations they wish in order to maximize profit. THAT is how Bush allows the corporations to get away with whatever they want to. Bush didn't need to sign "a law" to change them.

As far as the insurance corporations go, Bush has allowed not only them but literally all the corporations to write and/or ignore their own federal rules and regulations which is why there are no safety inspections or any of the other safeguards we used to have. Those federal R and R's cut into corporate profit so Bush allowed them to be ignored. Bush has even slashed the FDA food inspections and budge to the bone -- anything and everything Bush can do he has done to maximize corporate profit at Americans' expense and safety.

I'm glad your parents are fine with Part D. Hope to God their doctors don't bow out or retire from their profession due to Bush cutting back every year on Medicare fees to hospitals and physicians by the millions$$$ as thousands of doctors are now being forced out of practice.

As for hating Bush? I voted for him in 2000.
I had to laugh last week as I was cleaning out some paperwork around here and came across a folder with "Bush 2000" bumperstickers and "Vote Bush" brochures I had saved from 8 years ago when I was a kool-aid drinking registered Republican who believed what Bush said he would do for our country. See, I didn't start out hating Bush. He helped me get to that point all by himself.

crispee_oc :
I've explained it above to BLT2 but seeing as how you can't read :

Did you post something worth reading? Because all I have seen is some crap about how worthless the dems are in both houses and as Goatman put it, if the dems can't fix the problem, why should we vote for them? BTW could it possibly be the strong, able leadership of the Senate and House???

A chart of the purchasing power of the dollar since 1914 would show a jagged downward path towards zero. In all history, no nation has ever escaped the long term consequences of dollar devaluation.

Dems can't fix the problem. Repubs can't fix the problem. No one can fix the problem. The inflation is going to get much worse than the seventies. The bankruptcies will get much worse than the 30s.

No person, no nation can spend and borrow its way into prosperity. The party is over.

"A chart of the purchasing power of the dollar since 1914 would show a jagged downward path towards zero."


And yet the dollar was on the gold standard until 1971. 57 years of decline under the gold standard.

Lets see, tax cuts, prescription drug plan for elderly, low interest rates, low unemployment(lower than average of 70's, 80's, or 90's), longest housing boom ever, increased federal spending on education more than any other president in history, 2 tax rebates, all while fighting 2 wars on 2 different fronts.

Bee Swell

Posted by Crackpipejunkie at 2008-04-30 01:30 AM | Reply | Flag: Flag: (Choose)
FunnyNewsworthyOffensiveAbusiv
e

Comming from someone who publicly acknowledges smoking crack, I understand where you are comming from.

Mr. Bush has after 7 1/2 years has found out that the American public is upset about GAS prices and his solution is to blame the Democrats. I know that there is 25% of you Morons out there that still support this Dumb Fuck but even you A**holes must be close to yelling UNCLE!!

If the Repubs and this Dumb Fuck (Mr. President to you 25%), have there way we will have oil Derricks in Yosemite, Yellowstone, Grand Canyon an for good measure off the East coast of Florida and maybe for good measure in San Francisco Bay....

When the dems are in control will you all still blame Bush?

"Oil companies controlling the amount of refining is causing the gas price problem. Printing more U.S. dollars causing inflation is the oil price problem."
- MoneyWar.

Actually look at the numbers for this and it doesn't add up. Look at the eia.doe.gov numbers and the price increases don't account for the changes. Your second point about inflation of the dollar, does not meet the mustard either, as they are seeing the same increases in fuel prices in the EU.

The reason fuel and other commodities are being driven so hard is speculation. Money is not going back into the worlds stock markets, its too risky. In the same bubble that occurred in housing, is occurring with our resources. The price is decoupled from supply and demand.
www.theoildrum.com

The fall of the western civilization is coming soon. We had everything including the technology that could have saved us.

We build better bombs and defense systems. We have the best of the best military equipment.

Wow, you would think we would have used this technology on synthetic fuel from coal (as the Nazi's did), more fuel efficient hybrid-electric cars, electric cars, diesel electric trucks and drilled the crap out of our country while increasing our fuel efficiency standards. We don't even have electric trains in the cities. They were bought out by big oil years ago.

Without a dependency on oil the middle east would not mean much to us.

Celisary wrote,

"If the Repubs and this Dumb Fuck (Mr. President to you 25%), have there way we will have oil Derricks in Yosemite, Yellowstone, Grand Canyon an for good measure off the East coast of Florida and maybe for good measure in San Francisco Bay"

I don't know is there a lot of oil in those places?
I would be glad to dig for oil or gold in any of those places if there was enough there. For now I will settle for putting a wind farm outside Ted Kennedy's bedroom door.

Bee Swell

Heres a more consumable article on speculation...

"It's been rumored Goldman Sachs has over $80 billion in the market, although the investment bank declined comment for this story. "
money.cnn.com

Now I really see the rhetoric of andrea.

There is a refinery a short distance away from where I live and have relatives working at it. They are not at work much of the time and they know it is to control the price of gas so what ever you propaganda pander and smoke is crap.

Oil price is rising cause of inflation, anyone with a pee shooter of a brain understand this. Value of the dollar goes down, price of oil goes up, print more dollars, oil goes up.

Eu is a different beast with prices, the whole system is different because they don't have to have cars, the public mass transit was invested in 60 years ago and gets people where ever they want.

And yet the dollar was on the gold standard until 1971. 57 years of decline under the gold standard.

Posted by nullifidian at 2008-04-30 08:50


It took 57 years to squander the largest cache of gold in the world.

"Danforth, that is just goatman using another id."

Nonsense. Goatman--agree or disagree-- is intelligent and articulate, whereas CPJ had a thought once, and it died of loneliness.

"JACKPIPEJUNKIE".....Great Contribution to the conversation, what a fucking DICK!!!!

The dollar bottomed in March and has moved back strongly since. Gold and silver hit their highs at the same time, and have unraveled since, largely because of massive selling at the $950 level, which won't be seen again in years. The commodities bubble popped last week; the ags will be following gold and silver down. Were Congress to scrap this ridiculous fixation on biofuels, we could get base grains down to 2000 levels before the end of summer.

I wish the Fed had stayed pat on interest rates today, but the die was already cast. If you're long USD hedges, you need to get out, now.

Danforth, that is just goatman using another id.

Now bUFfY bOoB and runnysore both have me figured out. It looks like I'm being outed by DR's biggest idiots in descending order.

The first two are easy, but I can think of an eight way tie for who #3 to figure it out will be.

Hey, I defended and complimented you...(bronx voice:) what am I, chopped liver?

Hey, I defended and complimented you...(bronx voice:) what am I, chopped liver?

No. I appreciate the vote of confidence. I'm just poking fun at those who think I am CPJ. And you are not one of the eight! *grin*

Califchris,

So now you are blaming the republican congress for Clinton being a weak pussy and signing NAFTA?

Well actually Clinton pushed NAFTA on the democrats with the help of the republicans. Also Al Gore negotiated the deal so if it is fucked up your guy was the one who fucked it up.

Also, please give me the particular rules that insurance companies rewrote themselves and also please tell me which laws they are ignoring under Bush that were previously vigorously enforced but Clinton?

Bee Swell

"That darn economy. I only know how to do easy stuff, like snort coke and invade Iraq"

- President Douchebag

I will now step off my soapbox.

Posted by CalifChris at 20


ooohh I got a bullshit out of chris......ha ha

I respectfully submit that you are incorrect. there is much more oil in anwar than 6 months worth according to story published in houston chronicle sunday I believe it was.
it said while anwar was not the answer to energy woes, it would help substantionally.
the point of course is that DEMS have ALWAYS deep sixed plans to drill from anywhere.....

DUMBASROCKS=DUMB AS DIRT

Crackpipejunkie-Now wait a minute just 24 hours ago Danni, Axe, Alexandrite, Danforth and others were talking about how great a speach reverend Wright gave and how he was so right on everything. How could this be?

Crackpipejunkie=Lying piece of shit.

I don't believe I have read about anyone on this site talking about wright and great speech ever.

Goatman left out bee swell though.

Crackpipehonkie doesn't sound like goatman to me.

Come on Alex, sounds totally like the dweeb.

Go through his posts and it will be much clearer.

Come on Alex, sounds totally like the dweeb.

Go through his posts and it will be much clearer.


Plus, I never deny I am CPJ. Ask the bOoB. To him, that is proof.

After 7 years of having it his way; GWB is still blaming democrats. What a buffoon!!

1) Bush opens the border to Mexican truckers.
2) Communist Chinese opening and developing NAFTA shipping ports in Mexico
3) Advocating open trade across hemisphere 1 nation at a time (CAFtA, Peru, etc.)
4) Bush and the SPP with Mexico, Canada (New Orleans was the 4th annual meeting)

It isn't just NAFTA, it's what Bush has done with NAFTA.

"Also Al Gore negotiated the deal so if it is fucked up your guy was the one who fucked it up."

Bull shit, you just pulled that out of your ass.
NAFTA was gegotiated by the first Bush administration and was signed by Clinton virtually unchanged.

***** Bush: Economy Defies Easy Fix *****

.....it's easy to break an egg but hard to put one together.......

Another Bush...another recession! Or did all you Grand Oil Party people forget that one. Guess what, it took a Democratic President to fix the economy and give a budget surplus to the Shrub. HE FUCKED IT UP BEYOND ALL RECOGNITION!!!
Since Bush sent 3 companies into Bankruptcy, I guess he thought it was fine to do it to our country.

Really? My economy would be easy to fix.

Here is a start...

Stop giving billions of subsidies to farm corporations that don't need it and to War Profiteers and Mercenaries and Oil Executives and Airline Executives and Bank Executives that don't need it and to the Military Industrial Complex that are sucking us dry.

And give it to ME! My wife and kids would appreciate it. I promise I wont grow anything if ya like.

Lets see we mere mortals get lets say $1500 as an "stimulus package" (married and one kid) BUT if you are a corporate farmer...

Total direct subsidy payments to farmers have soared to more than $20 billion per year the past three years, up from an average of $9 billion per year in the early 1990s

and they get that to NOT grow something they were NOT going to grow anyway.

nice

thanks




Economic troubles?

Ya don't say?!/snark>

"Nobody could have imagined"

Hints fer BushCo from Spud:

End Corporate Welfare.

Stop subsidising R&D and guaranteeing Federal Bailouts while privitising anything and everything that makes a profit.

Quit allowing near monopolies to crop up and calling it "de-regulation"

End the ethanol sop NOW!

Higher fines fer corporate malefactors.

Quit allowing industry to write policy.

Put money back into infrastructure, schools, and needed social services.

End the farking corporately sponsored and supported war that does nobody but the shareholders of Exxon/Mobil/BP or member of the Paris Club any good.

Enact protectionist legislation to save wot's left of the eroded American manufacturing base.

Fuck so-called Free Trade.

Now, after you do all that go to the back of the WH dig a series of holes in the rose garden with shovels.

Stand in the holes.

Now, beat yerselves in the head with them shovels until you all drop dead and eventually become mulch.

Thanx in advance.

Be Well.

/NOT advocating violence against public officials.
//Just HOPING they get the idear themselves at some point.
///This WOULD save money on a messy Treason Trial and/or on the cost of multiple blindfolds or piano wire.

Dubya's exact words were, "It wasn't easy to *uck it up, it won't be easy to fix."

Fuck so-called Free Trade.

Posted by dethspud


Here we see the attitude that brought canada to the top of the Economic World, and why Wall Street never makes a move without first checking with the power brokers of Newfoundland.

"Here we see the attitude that brought canada to the top of the Economic World"

Actually it was America that had the highest tariff rates in the world while it industrialized.

Here we see the attitude that brought canada to the top of the Economic World, and why Wall Street never makes a move without first checking with the power brokers of Newfoundland.

Posted by Rob_The_A_Hole
* * * *

They're on my speed dial. Then again, I trade whale oil futures.

"Here we see the attitude that brought canada to the top of the Economic World"

I think Canada is doing pretty damn well. Better that the US is. How much is their money worth compared to our dollar now????

Are any of you going to try and blame 'liberals' for this by saying that we don't have enough refineries?

The heads of the 5 largest US Oil Co's testified to Congress last month that they're only at 80 percent capacity now and they said they don't need any more refineries, so please, before you listen to LimpBlob, at least listen to the people that actually know what they need.

On the other hand, why would they want more refineries as they're already making record profits?

Here we see the attitude that brought canada to the top of the Economic World

Posted by Rob_The_A_Hole at 2008-05-01 03:27 PM | Reply | Flag:

Their money is worth more than ours because of the dipshit you voted into office. Dumbfuck.

Canada's Dollar Increases as Fed Cuts U.S. Borrowing Costs

www.bloomberg.com

yea poor... Canada I wish we were so fucked up like them...

There is only one real solution to these "very difficult times."

It's called "January 20th, 2009".

G auche
E gotistical
O utdated
R idiculous
G -spot for a brain
E schewed from reality

W anker

B ullshiter
U ninfomed
S lothful
H elpless

Fill free to expand or add on.....

The dollar bottomed in March and has moved back strongly since. Gold and silver hit their highs at the same time, and have unraveled since, largely because of massive selling at the $950 level, which won't be seen again in years. The commodities bubble popped last week; the ags will be following gold and silver down.

Posted by rightisright at 2008-04-30 10:20 PM


I should frame the above as an example of the quack forecasts coming out of Wall Street and Washington.

The dollar is going to the lowest depths of hell, gold and silver in the opposite direction. This pullback is the last buying opportunity before gold and silver take off again and go on to new highs.

The Fed, the Treasury and Washington are working overtime to flood the economy with debt money. It can only accelerate inflation and do more damage to the economy and the dollar.

Yesterday at work I was in the main office and the bookkeeper mentioned to one of the owners of the company that she has a CD which she needed to reinvest somewhere. The boss said he didn't really know of much of anything good right now and I just offered the idea of buying gold. The boss immediately rejected the idea but I think he was wrong. For her it would be secure and it would be increase in value far faster than any savings account which won't even match inflation. Don't get me wrong he is a great guy but I don't think he is nearly as savvy as he thinks he is. I know he was a big Bush supporter, even invited to a big fund raiser here for the rich folks. To me that indicates that he couldn't see what has been going on before now and I think he will be surprised at how badly the Bush economy is going to end up biting him in the ass. Me too because I work for him and need the job but at least I know I voted against this crowd.

Danni

The US and world economy has been off the gold standard for so long that Americans don't understand its history and don't trust it. When gold and silver sell out, I think almost all of it will be in foreign hands. Americans have had it easy for too long. They have no survival skills to carry them through hard times. And they are vulnerable to moderately hard times.

Fill free to expand or add on.....

Posted by drsoul


D You
R Are
S A
O Fucking
U Loser,
L Douche

I guess this here Presidentin' bizness was just a little bit tougher than our cowboy thought. But then, so was running an oil company or two in Texas.

More's the pity. He for dang sure would have made a mighty fine Commissioner of Baseball.

"...there is much more oil in anwar than 6 months worth according to story published in houston chronicle sunday I believe it was....Posted by bushlovertwo"

Oh now, THERE'S A SOURCE I'D TRUST FOR UN-BIASED OIL INFORMATION!!!

Hey 'Rob'....go deliver your pizza...it's getting cold..you'll miss your tip

The dollar is going to the lowest depths of hell, gold and silver in the opposite direction. This pullback is the last buying opportunity before gold and silver take off again and go on to new highs.

Posted by Ray
* * * *

Well, you place your bets, and I'll place mine.

Yesterday at work I was in the main office and the bookkeeper mentioned to one of the owners of the company that she has a CD which she needed to reinvest somewhere. The boss said he didn't really know of much of anything good right now and I just offered the idea of buying gold.
* * *

Fair enough. How much gold have you bought for yourself? Have you cashed in YOUR savings to buy gold? If no--why did you recommend it to her?

"JOE, on Bear Stearns I think you are right but when this thing reaches the Bank of America, which it eventually will, then it will be a different story. What then??? I think that is what the FEd is considering.

Posted by danni at 2008-04-01 12:42 PM | Reply |

As I said you know JACK SHIT about economics or business or investing? Telling a secrt. to buy gold "cause it will go up in value quicker than a CD?"

Wanna bet????? If the dollar rallies, gold will drop.

As I reviewed your ignorance, I see you also felt the S+L bailout saved big biz. The ONLY ones saved in the S+L fiasco were savers with insured CD's. ALL loan investors lost 100% of their monies. NO loans were saved...DUH

D You
R Are
S A
O Fucking
U Loser,
L Douche

Posted by Rob_The_A_Hole at 2008-05-01 09:29 PM | Reply | Flag:

remember, he loves jeeeeesus drsoul.

Comments are closed for this entry.

Drudge Retort
RSS Spec