Deanna's Daydreamer
04-06-2008, 01:50 AM
Democrats have never had a better time to take the White House... than right now; in 35 years of watching presidential politics... I can truthfully relate that. But it's more important to run a horse than can win a race... than to race off to a party for one that has hoopla and can't. The Modern Political Left in America is at a moment in time that can define a generation, and you have TWO choices in your efforts to win the White House. One choice is Barrack Hussien Obama-- a former 'community organizer' and state senator who voted 100 times 'here and present' instead of taking a stand (so much for the 'hope and change' bandwagon, Leftists)
and the other is Hillary. Conservative media pundits tell you that they'd much rather run against Hillary. I will tell you this--
SHE CAN WIN IT.
Hillary Clinton.... can beat John McCain. Reason being? She will be smarter than he is in the debates. Obama? An empty suit. He will lose and lose badly to McCain, and keep in mind that John McCain has won EVERY SINGLE RACE he has ever entered in politics, folks. He's never lost. He is actually a much stronger candidate than the far right thinks that he is.
But he's not as smart as Hillary. I will tell you leftists something, if you never tell anyone ELSE! :) Hillary Clinton... is the smartest PERSON... whom YOU HAVE SEEN... running for president... in YOUR lifetime. For every single FEMALE... in America(?) .... Hillary Clinton, like her... OR not... is the first viable and POSSIBLE... female candidate... for the presidency of the United States of AMERICA! Hillary is smarter than Bill, smarter than Obama, and smarter than McCain! And why would anyone not see it?
This woman can stand on a stage right now and ask ANY crowd one simple question-- do you remember where we were... ten years ago... right now? Government paid its bills, and the budget was balanced. The stock market was on the biggest ride upwards that it had ever seen in the century. We'd been out of wars for more than 6 years. And William Jefferson Clinton... had made MORE millionaires... out of people who had NEVER voted for him... than any president in American history! In 1998, everything was in place for America to boom like it had never done before! In 1998, America had a dollar which was rock solid and getting better every day!
And for every leftist who was looking for a reason why... a reason WHY... we are in a recession.... YET AGAIN.... less than 5 years after the last one?
FISCAL POLICY:
_______________________________________________
http://www.cbsnews.com/stories/2007/08/10/national/main3156418.shtml
In a 60 Minutes, the comptroller general of the Government Accountability Office, David Walker, warned that entitlement programs such as Medicare and Social Security are making the U.S.'s current standard of living is unsustainable. "The fact is, is that we don't face an immediate crisis. And, so people say, 'What's the problem?' The answer is, we suffer from a fiscal cancer. It is growing within us. And if we do not treat it, it could have catastrophic consequences for our country," Walker said.
------------------------------------------------------
And on top of the latest unemployment news, America? By the way... we've got millions of baby boomers getting ready to retire, and we don't have the MONEY to pay them their social security, and FORGET about paying their MEDICARE!
You don't run a first time senator in this crisis, Leftists; we got a royal MESS on our hands, and we need somebody who is really smart to get us past it. Here's the WOMAN who can FIX THIS MESS:
http://www.whitehouse.gov/history/firstladies/hc42.html
__________________________________________________ _______________________
Huge job losses set off recession alarms By JEANNINE AVERSA, AP Economics Writer
Sat Apr 5, 12:09 PM ET
http://news.yahoo.com/s/ap/20080405/ap_on_bi_go_ec_fi/economy
It's no longer a question of recession or not. Now it's how deep and how long. Workers' pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent. Job losses are nearing the staggering level of a quarter-million this year in just three months.
For the third month in a row total U.S. employment rolls shrank — often a telltale sign that the economy has jolted dangerously into reverse.
At the same time, the jobless rate rose three-tenths of a percentage point, a sharp increase usually associated with times of deep economic stress.
The grim picture described by the Labor Department on Friday provided stark evidence of just how much the jobs market has buckled under the weight of the housing, credit and financial crises. Businesses and jobseekers alike are feeling the pain.
"It is now very clear that the fat lady has sung for the economic expansion. The country has slipped into a recession," said Stuart Hoffman, chief economist at PNC Financial Services Group. Indeed, there is widening agreement that the first recession since 2001 has arrived. Even Ben Bernanke, in a rare public utterance for a Federal Reserve chairman, used the "r" word, acknowledging for the first time this week that a recession was possible.
Job losses were widespread last month, hitting workers at factories, construction companies, retailers, banks, real-estate firms and even temporary-help agencies. Also mortgage brokers, hotels, computer design shops, accounting firms, architecture and engineering companies, legal services, airlines and other transportation as well as telecommunications companies.
Those cuts swamped employment gains elsewhere, including at hospitals and other heath-care sites, educational services, child day-care providers, bars and restaurants, insurance companies, museums, zoos and parks. And the government, which is almost always up.
In fact, private employers have shed jobs for four straight months, though December showed an overall gain for the economy because the government increase outweighed the private loss.
March's losses were the most since the same month in 2003, when companies were still struggling to recover from the last recession. Adding to the angst: Revised figures showed losses were actually deeper than first reported for both January and February.
All told, the economy now has lost 232,000 jobs in the first three months of this year.
On Wall Street, investors took the weak employment figures in stride. The Dow Jones industrials lost just 16.61 points, while other indexes edged higher.
All the economy's problems are forcing people and businesses to hunker down, crimping spending and hiring, a vicious cycle.
"Across the board, businesses have become very, very conservative," said Joel Naroff, president of Naroff Economic Advisors. More downbeat about their own sales prospects because of cautious consumers, employers are cutting back. "It only makes sense for them to run leaner if we are going into a recession or already in one" as Naroff now believes.
The new employment figures were much weaker than economists were expecting. They were anticipating a drop of 50,000 payroll jobs.
Michael Gregory, senior economist at BMO Capital Markets Economics, said the employment report was "emitting recession signals."
The national unemployment rate of 5.1 percent, relatively modest by historical standards, is nonetheless the highest since September 2005, following the devastating blows of the Gulf Coast hurricanes.
Some groups are feeling more of the strains from the economy's current woes. The unemployment rate for Hispanics, for instance, jumped to 6.9 percent in March, the highest in over four years. The rate for blacks climbed to 9 percent, a two-month high.
With the public on edge, Congress, the White House and presidential contenders are scrambling to come up with their own relief plans to stem record-high home foreclosures and stabilize housing — even as they engage in a political blame game.
Democrats want more economic assistance, including extending unemployment benefits. The Bush administration has resisted, saying the government's $168 billion stimulus package of tax rebates for people and tax breaks for businesses will be sufficient once it kicks in.
"We don't like to see one job lost, let alone 80,000," Commerce Secretary Carlos Gutierrez said in an interview with The Associated Press. "These are challenging times," he said. Gutierrez was hopeful the economy would turn around in the second half of this year, given the relief efforts by the government and the Federal Reserve. "We'll get through this."
Democrats were skeptical of the administration's efforts.
"Our economy is spiraling downward," said presidential contender Hillary Rodham Clinton. "It is time for this administration to put ideology aside and get serious about stemming this crisis."
Barack Obama said, "Instead of doing nothing for out-of-work Americans, we need a second stimulus that extends unemployment insurance and helps communities that have been hit hard by this recession."
Republican John McCain said the unemployment news "underlines the need to focus on innovation, which grows the economy and creates an urgent need for effective worker retraining."
Given the worsening employment situation, the Federal Reserve probably will lower a key interest rate, now at 2.25 percent, later this month.
The Fed has taken a number of extraordinary actions recently — slashing interest rates, providing financial backing to JP Morgan's takeover of troubled Bear Stearns and opening an emergency lending program for big investment houses. All the actions were aimed at limiting damage to the national economy.
With the pace of hiring slowing, the number of unemployed people increased to 7.8 million in March.
(click above link to read more)
and the other is Hillary. Conservative media pundits tell you that they'd much rather run against Hillary. I will tell you this--
SHE CAN WIN IT.
Hillary Clinton.... can beat John McCain. Reason being? She will be smarter than he is in the debates. Obama? An empty suit. He will lose and lose badly to McCain, and keep in mind that John McCain has won EVERY SINGLE RACE he has ever entered in politics, folks. He's never lost. He is actually a much stronger candidate than the far right thinks that he is.
But he's not as smart as Hillary. I will tell you leftists something, if you never tell anyone ELSE! :) Hillary Clinton... is the smartest PERSON... whom YOU HAVE SEEN... running for president... in YOUR lifetime. For every single FEMALE... in America(?) .... Hillary Clinton, like her... OR not... is the first viable and POSSIBLE... female candidate... for the presidency of the United States of AMERICA! Hillary is smarter than Bill, smarter than Obama, and smarter than McCain! And why would anyone not see it?
This woman can stand on a stage right now and ask ANY crowd one simple question-- do you remember where we were... ten years ago... right now? Government paid its bills, and the budget was balanced. The stock market was on the biggest ride upwards that it had ever seen in the century. We'd been out of wars for more than 6 years. And William Jefferson Clinton... had made MORE millionaires... out of people who had NEVER voted for him... than any president in American history! In 1998, everything was in place for America to boom like it had never done before! In 1998, America had a dollar which was rock solid and getting better every day!
And for every leftist who was looking for a reason why... a reason WHY... we are in a recession.... YET AGAIN.... less than 5 years after the last one?
FISCAL POLICY:
_______________________________________________
http://www.cbsnews.com/stories/2007/08/10/national/main3156418.shtml
In a 60 Minutes, the comptroller general of the Government Accountability Office, David Walker, warned that entitlement programs such as Medicare and Social Security are making the U.S.'s current standard of living is unsustainable. "The fact is, is that we don't face an immediate crisis. And, so people say, 'What's the problem?' The answer is, we suffer from a fiscal cancer. It is growing within us. And if we do not treat it, it could have catastrophic consequences for our country," Walker said.
------------------------------------------------------
And on top of the latest unemployment news, America? By the way... we've got millions of baby boomers getting ready to retire, and we don't have the MONEY to pay them their social security, and FORGET about paying their MEDICARE!
You don't run a first time senator in this crisis, Leftists; we got a royal MESS on our hands, and we need somebody who is really smart to get us past it. Here's the WOMAN who can FIX THIS MESS:
http://www.whitehouse.gov/history/firstladies/hc42.html
__________________________________________________ _______________________
Huge job losses set off recession alarms By JEANNINE AVERSA, AP Economics Writer
Sat Apr 5, 12:09 PM ET
http://news.yahoo.com/s/ap/20080405/ap_on_bi_go_ec_fi/economy
It's no longer a question of recession or not. Now it's how deep and how long. Workers' pink slips stacked ever higher in March as jittery employers slashed 80,000 jobs, the most in five years, and the national unemployment rate climbed to 5.1 percent. Job losses are nearing the staggering level of a quarter-million this year in just three months.
For the third month in a row total U.S. employment rolls shrank — often a telltale sign that the economy has jolted dangerously into reverse.
At the same time, the jobless rate rose three-tenths of a percentage point, a sharp increase usually associated with times of deep economic stress.
The grim picture described by the Labor Department on Friday provided stark evidence of just how much the jobs market has buckled under the weight of the housing, credit and financial crises. Businesses and jobseekers alike are feeling the pain.
"It is now very clear that the fat lady has sung for the economic expansion. The country has slipped into a recession," said Stuart Hoffman, chief economist at PNC Financial Services Group. Indeed, there is widening agreement that the first recession since 2001 has arrived. Even Ben Bernanke, in a rare public utterance for a Federal Reserve chairman, used the "r" word, acknowledging for the first time this week that a recession was possible.
Job losses were widespread last month, hitting workers at factories, construction companies, retailers, banks, real-estate firms and even temporary-help agencies. Also mortgage brokers, hotels, computer design shops, accounting firms, architecture and engineering companies, legal services, airlines and other transportation as well as telecommunications companies.
Those cuts swamped employment gains elsewhere, including at hospitals and other heath-care sites, educational services, child day-care providers, bars and restaurants, insurance companies, museums, zoos and parks. And the government, which is almost always up.
In fact, private employers have shed jobs for four straight months, though December showed an overall gain for the economy because the government increase outweighed the private loss.
March's losses were the most since the same month in 2003, when companies were still struggling to recover from the last recession. Adding to the angst: Revised figures showed losses were actually deeper than first reported for both January and February.
All told, the economy now has lost 232,000 jobs in the first three months of this year.
On Wall Street, investors took the weak employment figures in stride. The Dow Jones industrials lost just 16.61 points, while other indexes edged higher.
All the economy's problems are forcing people and businesses to hunker down, crimping spending and hiring, a vicious cycle.
"Across the board, businesses have become very, very conservative," said Joel Naroff, president of Naroff Economic Advisors. More downbeat about their own sales prospects because of cautious consumers, employers are cutting back. "It only makes sense for them to run leaner if we are going into a recession or already in one" as Naroff now believes.
The new employment figures were much weaker than economists were expecting. They were anticipating a drop of 50,000 payroll jobs.
Michael Gregory, senior economist at BMO Capital Markets Economics, said the employment report was "emitting recession signals."
The national unemployment rate of 5.1 percent, relatively modest by historical standards, is nonetheless the highest since September 2005, following the devastating blows of the Gulf Coast hurricanes.
Some groups are feeling more of the strains from the economy's current woes. The unemployment rate for Hispanics, for instance, jumped to 6.9 percent in March, the highest in over four years. The rate for blacks climbed to 9 percent, a two-month high.
With the public on edge, Congress, the White House and presidential contenders are scrambling to come up with their own relief plans to stem record-high home foreclosures and stabilize housing — even as they engage in a political blame game.
Democrats want more economic assistance, including extending unemployment benefits. The Bush administration has resisted, saying the government's $168 billion stimulus package of tax rebates for people and tax breaks for businesses will be sufficient once it kicks in.
"We don't like to see one job lost, let alone 80,000," Commerce Secretary Carlos Gutierrez said in an interview with The Associated Press. "These are challenging times," he said. Gutierrez was hopeful the economy would turn around in the second half of this year, given the relief efforts by the government and the Federal Reserve. "We'll get through this."
Democrats were skeptical of the administration's efforts.
"Our economy is spiraling downward," said presidential contender Hillary Rodham Clinton. "It is time for this administration to put ideology aside and get serious about stemming this crisis."
Barack Obama said, "Instead of doing nothing for out-of-work Americans, we need a second stimulus that extends unemployment insurance and helps communities that have been hit hard by this recession."
Republican John McCain said the unemployment news "underlines the need to focus on innovation, which grows the economy and creates an urgent need for effective worker retraining."
Given the worsening employment situation, the Federal Reserve probably will lower a key interest rate, now at 2.25 percent, later this month.
The Fed has taken a number of extraordinary actions recently — slashing interest rates, providing financial backing to JP Morgan's takeover of troubled Bear Stearns and opening an emergency lending program for big investment houses. All the actions were aimed at limiting damage to the national economy.
With the pace of hiring slowing, the number of unemployed people increased to 7.8 million in March.
(click above link to read more)