Metal Sludge Gossip Board

JOBLESS RATE TOPS 9.5% FOR 14 STRAIGHT MONTHS...
http://finance.yahoo.com/news/Economy-l ... ?x=0&.v=17

95,000 MORE JOBS WERE LOST IN SEPTEMBER
http://www.google.com/hostednews/ap/art ... =D9INILMG1


Gallup Finds U.S. Unemployment at 10.1% in September
Underemployment, at 18.8%, is up from 18.6% at the end of August
http://www.gallup.com/poll/143426/Gallu ... ember.aspx

This change I can believe in is working out great. The democrats should win easily in November. The "recovery summer" has been a major sucess. All is well.

The stock market seems to be doing pretty good these days. The Dow Jones ended at 11006 points yesterday.

Thebottomline wrote:The stock market seems to be doing pretty good these days. The Dow Jones ended at 11006 points yesterday.

Dow all time record high: 14,164.53, October 9, 2007
Thanks President Bush.

Nevermind wrote:

Thebottomline wrote:The stock market seems to be doing pretty good these days. The Dow Jones ended at 11006 points yesterday.

Dow all time record high: 14,164.53, October 9, 2007
Thanks President Bush.

http://seekingalpha.com/article/112937- ... -on-record

Thanks, President Bush.

tin00can wrote:

Nevermind wrote:

Thebottomline wrote:The stock market seems to be doing pretty good these days. The Dow Jones ended at 11006 points yesterday.

Dow all time record high: 14,164.53, October 9, 2007
Thanks President Bush.

http://seekingalpha.com/article/112937- ... -on-record

Thanks, President Bush.

nevermind surely can not think that that wouldn't be pointed out? Was he sleeping in 2008? Missed that whole thing? Fell asleep on the day it hit the record high and didn't wake up until February 2009, and so the whole thing is Obama's fault.......must be. Or he really is that dumb.

He led with his chin on that one, for sure....

Here's the thing about the crash of 2008; Obama demonstrated at that point that he knew thinkg were pretty fucked, but displayed a confidence that we would find a way to fix it. McCain came out and said everything was okay, which apparently no one on the planet believed except for him.

That was the day I went from tepidly backing McCain to reluctantly deciding Obama was the lesser of two evils.

Since then he has had his hits and misses, but considering the GOP has opposed him even more vehemently than it did Clinton - which I would have never believed possible before seeing it - he has done much more god than bad for the nation and the world as far as imbuing enough confidence to fend off a total economic collapse.

I'm far less than happy with the way he let BP fuck the north central Gulf Coast states, but still he has done far better for us than I believe mcCain would've done, and I see no capable and honest GOP politicians on the national scene. So all the claims of impending victory by the GOP are a little premature IMO. Even if they come out ahead in the midterms they'll still have to do something with it, or THEY will be under the gun on 2012, not the Dems.

So if the GOP do win majorities in 2010 and the Dems block like the GOP has in 209 and 2010, their asses will be right back out the door in 2012 and they will have given the Dems a stronger mandate that they got in 2008. Sorta like that Contract on America thing ended up working for Clinton in 1996.

lerxstcat wrote:Here's the thing about the crash of 2008; Obama demonstrated at that point that he knew thinkg were pretty fucked, but displayed a confidence that we would find a way to fix it. McCain came out and said everything was okay, which apparently no one on the planet believed except for him.

No kidding, McCain and economy that's like Elliot Spitzer and marriage.

What a horrible candidate McCain was. Old, no knowledge of the financial problems and he would go on to choose Palin.

lerxstcat wrote:He led with his chin on that one, for sure....

Got some nuts slapped on it too.

It still doesn't change the fact that the dow reached it's highest level ever under the last president. I'd also like to note, that each and every one of you ignored the original post. It's to be expected though I guess.

Nevermind wrote:Thank you, sir. May I please have another?

Nevermind wrote:It still doesn't change the fact that the dow reached it's highest level ever under the last president. I'd also like to note, that each and every one of you ignored the original post. It's to be expected though I guess.

It also dropped to 8279.63 on Bush's last full day in office. That was a helluva drop from 14,164.53 on his watch, wasn't it? Probably the biggest drop in history under a single President. Thanks, Dubya!