OBAMA vs ROMNEY 2012

[Danzig in the Dark]

Who do you want?

[Moggio]

ROTF!

[Dr J Jones]

Celebrating 16 trillion dollars of debt and record unemployment....



4 more years...! 4 more years...! 4 more years!

GO FED!!! WOO HOO!!!

[Turner Coates]

Meanwhile, this guy can't even shop for shoes that fit:

[Dr J Jones]

meanwhile...we're one day closer to being just like Greece...

[Dr J Jones]

[Dr J Jones]

Meanwhile, this guy can't even shop for shoes that fit:

Ron Paul poses for a picture with the other members of congress who have read the constitution...

[Dr J Jones]

[Dr J Jones]

[Dr J Jones]

http://www.huffingtonpost.com/2012/09/0 ... 58086.html


Wall Street is paying big time to influence this election.

The financial industry is on track to break its 2008 campaign spending record of $170 million, according to data from the Center for Responsive Politics cited by CNNMoney. So far, Wall Street has spent $164 million donating to candidates and political groups, and CRP estimates the final tally of Wall Street cash will reach $2.5 billion.

The top eight companies with employees donating to Mitt Romney are banks, according to CRP data, while Wells Fargo and JPMorgan Chase made it into the top 20 firms with employees donating to President Obama's campaign.

Wall Street’s influence on politicians and regulators has come under scrutiny since the financial crisis and during recent election cycles, and the news that the financial industry is shelling out record cash probably won’t help.

Yet the amount of cash Wall Street is pouring into elections is poised to grow. The American Bankers Association is planning to set up a non-profit that would allow its members to send money to pro-Wall Street super PACs anonymously, according to Bloomberg. The fund, which officials say will raise several million dollars, will focus on 12 key Senate races.

Efforts to curb financial regulations have come up against particularly intense opposition in the Senate, and according to The New York Times, the financial industry also spent more than $100 million last year on lobbying, as politicians and regulators finalized new financial regulations.

But even though politicians are willing to accept cash from bankers, after the financial crisis and subsequent bailouts, they’re a bit hesitant about being seen with them. Financial institutions are playing less of a role in the Democratic and Republican conventions this year, according to American Banker. That’s compared to 2008, when Bank of America was an honoree at a swanky party at the DNC and JPMorgan Chase hosted a reception there.

While Obama may not want to be seen publicly with Wall Street anymore, the president still took pains to woo the financial industry’s cash. That may be because many of the companies with employee donors that have ditched Obama for Romney are banks.

[Danzig in the Dark]

meanwhile...we're one day closer to being just like Greece...

You do understand that Greece's economy is being crippled by austerity measure very similar to the ones you promote?
http://www.bbc.co.uk/news/business-13798000

However, in return for all these loans, the EU and IMF insisted that Greece embark on a major austerity drive involving drastic spending cuts, tax rises, and labour market and pension reforms.

These have had a devastating effect on Greece's already weak economic recovery. The European Commission expects the Greek economy to shrink by another 4.7% this year. Greece has already been in recession for four years.

Without economic growth, Greece cannot boost its own income and so has to rely on aid to pay its loans. Many commentators believe even the combined 240bn euros of loans and the debt write-off will not be enough.

http://www.cbonds.info/cis/eng/news/ind ... /id/595013

Study Says Instant Austerity Will Worsen Greek Recession

Greek Prime Minister Antonis Samaras’ failure to get a two-year delay for more austerity measures that international lenders want applied immediately will be costly, a state-sponsored study has found, because it will keep the country in recession even longer.

Samaras’ uneasy coalition government, made up of his New Democracy Conservatives, the PASOK Socialists and Democratic Left, is about to present a plan to cut spending by 11.6 billion euros ($14.4 billion) over the next two years, instead of four as Samaras wanted, but did not request from the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB.)

He also did not raise the question when he went to meet German Chancellor Angela Merkel in Berlin and French President Francois Hollande in France last month, and has broken his vow ahead of the June 17 elections to try to renegotiate the onerous terms of bailouts and austerity measures.

The Center of Planning and Economic Research (KEPE) said in a bulletin that, “In the case where the 11.6 billion euros in agreed government spending cuts are implemented (over) a two-year period … the 2012 recession will continue in 2013 and 2014.” Pay cuts, big tax hikes and slashed pensions have worsened Greece’s five-year recession, putting nearly two million people out of work, closed 68,000 businesses and shrinking the economy by 7 percent.

Samaras is planning to deliver more, with many of the new cuts aimed directly at workers, pensioners and the poor. Tax evaders costing the country $70 billion – a bill that grows $15 billion annually – have largely continued to escape. KEPE said that if Greece could spread out the cuts over two more years and have more time to meet fiscal targets to reduce its deficit from 9.3 to 3 percent, that the recession would be lessened.

That includes lowering the interest it pays on debt, the center said. Much of the revenues from a first series of $152 billion in rescue loans goes to pay debt service and banks and investors and not fund government programs, as will a second for $173 billion if it is released. The Troika is holding back a last installment, of $38.8 billion, from the first bailout, and warned it could cancel the second package entirely if Samaras does not make more cuts and reforms.

Another financial problem for Greece that could make matters worse is a delayed recapitalization of banks, who need an injection of funds because a previous government this year imposed 74 percent losses on investors and banks holding Greek bonds. That money would come from the second bailout under the current agreement, which would leave even less money for social programs.

[KneelandBobDylan]

Meanwhile, this guy can't even shop for shoes that fit:

Obviously, they are clown shoes.

[Dr J Jones]

[brotherplanet]

[Dr J Jones]

[Dr J Jones]

[Dr J Jones]

[Danzig in the Dark]

Brotherplanet, Jones, who do you want? Who would you pick if it were your call? You two do a whole lot of bitching but I'm interested in who you negative nellies find acceptable.

[Dr J Jones]

[Moggio]

Brilliant!

[Danzig in the Dark]

Why should anyone else care what you think since you don't care?

[brotherplanet]

Nice!

[KneelandBobDylan]

[Dr J Jones]

[KneelandBobDylan]

[Skate4RnR]

Clint shoulda said the rent is too damn high. Poor disenfranchised son of a bitch.

[Stoner]

Brilliant!

That moment when you realize you're doing it wrong.

[Machado]

Political Joke of The Day-

George Bush, Queen Elizabeth, and Vladimir Putin all die and ended up in hell.
While there, they spy a red phone and ask what the phone is for. The devil tells them it is for calling back to Earth.

Putin asks to call Russia and talks for 5 minutes. When he is finished the devil informs him that the cost is a million dollars, so Putin writes him a check.

Next Queen Elizabeth calls England and talks for 30 minutes. When she is finished the devil informs her that the cost is 6 million dollars, so she writes him a check.

Finally George Bush gets his turn and talks for 4 hours. When he is finished the devil informs him that the cost is $5.00. When Putin hears this he goes ballistic and asks the devil why Bush got to call the USA so cheaply.

The devil smiles and replies, "Since Obama took over, the country has gone to hell, so it's a local call."

[RATTdrools]

Obama is better than VoMitt any day!

[Dr J Jones]