So people pressured Cain to recant his statements...this is his response!
Why should he recant a true statement?
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So people pressured Cain to recant his statements...this is his response!
Then why did the stock market FALL over the 8 years of the Bush administration, and is up almost 50% since Obama took office?
January 1, 2001 Stock Market at 10,788
October 11, 2011 stock market 11,400
Yeah the stocks are up about 5% higher than where they were when bush took office in 2001. Adjust that for inflation.....ooops the stock market is actuall DOWN from when bush first took over and its 3 years into the obama admin
The SP500 was at 805 on January 20th 2009. It's currently at 1192. How much of an increase is that?
The SP500 was at 1342 on Jan. 22, 2001, and at 805 Jan. 20th 2009. How much of a decline is that?
January 1, 2001 Stock Market at 10,788
October 11, 2011 stock market 11,400
Yeah the stocks are up about 5% higher than where they were when bush took office in 2001. Adjust that for inflation.....ooops the stock market is actuall DOWN from when bush first took over and its 3 years into the obama admin
The SP500 was at 805 on January 20th 2009. It's currently at 1192. How much of an increase is that?
The SP500 was at 1342 on Jan. 22, 2001, and at 805 Jan. 20th 2009. How much of a decline is that?
about 25%
That is 500 stocks....the dow is a lot more.....if you weight them properly the change is still small enough to make the previous comment erronious.
January 1, 2001 Stock Market at 10,788
October 11, 2011 stock market 11,400
Yeah the stocks are up about 5% higher than where they were when bush took office in 2001. Adjust that for inflation.....ooops the stock market is actuall DOWN from when bush first took over and its 3 years into the obama admin
The SP500 was at 805 on January 20th 2009. It's currently at 1192. How much of an increase is that?
The SP500 was at 1342 on Jan. 22, 2001, and at 805 Jan. 20th 2009. How much of a decline is that?
about 25%
That is 500 stocks....the dow is a lot more.....if you weight them properly the change is still small enough to make the previous comment erronious.
Yeah, in a nation that routinely laments the fact that the jobs available out there are mostly low pay fast food type jobs, we need to elect a guy who made his fortune in the fast food business.
lol
Bam, that's your problem. You're sitting and waiting for people to offer you a better paying job. In a free country, you can make whatever you want happen, but you have to make it happen. Start a business, get computer skills, get degrees, get advanced degrees, etc. But as long as all you're willing to do is sit and read the want ads, there is nothing that government can do to solve your laziness for you.
Yeah, in a nation that routinely laments the fact that the jobs available out there are mostly low pay fast food type jobs, we need to elect a guy who made his fortune in the fast food business.
lol
Bam, that's your problem. You're sitting and waiting for people to offer you a better paying job. In a free country, you can make whatever you want happen, but you have to make it happen. Start a business, get computer skills, get degrees, get advanced degrees, etc. But as long as all you're willing to do is sit and read the want ads, there is nothing that government can do to solve your laziness for you.
I'm happy with my job. I make 50 grand a year, my home is paid for, both of my vehicles are paid for, my only debt is credit cards which I use for convenience and pay off every month. You're cheap shotting the wrong person.
So if you don't have a job, you only have yourself to blame? That's the Right's consensus?
So...
...how many of the GOP presidential contenders DON'T blame President Obama for the weak job market?
Herman Cain, the new darling of the right, seems to think that the big banks and Wall St are beyond reproach when it comes to the poor economy and lack of jobs in the US. He also has a wild conspiracy theory that the Occupy Wall St protests are being staged by the left to draw attention away from Obama. On top of calling gays 'godless' in 2004, this latest gust of wind from the pizzaman-turned-presidential-candidate ought to solidify his standing among the far-right. Unfortunately, most Americans don't share his opinion that the big banks are good guys (not that he'll get the nomination).
Herman Cain On Occupy Wall Street: 'If You Don't Have A Job And You're Not Rich, Blame Yourself' (VIDEO)
Asked by the Journal's Alan Murray about his thoughts on the demonstrations, which initially began in New York City and have since spread around the country, Cain responded:
"I don't have facts to back this up, but I happen to believe that these demonstrations are planned and orchestrated to distract from the failed policies of the Obama administration. Don't blame Wall Street, don't blame the big banks, if you don't have a job and you're not rich, blame yourself! ... It is not a person's fault if they succeeded, it is a person's fault if they failed."
Cain went on to admit that the banks had something to do with the economic crisis of 2008, but pointed out that it was now 2011, seemingly downplaying any lasting effects of the practices of big banks and Wall Street.
As USUAL--you left a paragraph out of what Cain stated.
Cain went on to admit that the banks had something to do with the economic crisis of 2008, but pointed out that it was now 2011, seemingly downplaying any lasting effects of the practices of big banks and Wall Street.
Yeah--How about that--Herman Cain believes in PERSONAL RESPONSIBILITY!--
btw--I thought the tea partiers and the right were supposed to be RACISTS?--lol---Herman Cain is now tied for top spot next to Mitt Romney
Yah, blame yourself for being poor.
So if you don't have a job, you only have yourself to blame? That's the Right's consensus?
So...
...how many of the GOP presidential contenders DON'T blame President Obama for the weak job market?
So just to be clear, when Obama blamed W in 2008 for the job market because he's President, that doesn't mean that in 2012 the President will be blamed?
But the answer to your question is that if I don't go to the store and get groceries and my kids are hungry, then it's my fault, but I'd appreciate if your President didn't make it harder by letting the air out of my tires...
There is endless opportunity in this country even in this economy.
You have to clean yourself up and work your way up.
That anyone who isn't serious about it and willing to do what it takes can't do it is complete crap.
Poverty is not a choice, but the actions that lead to it are a choice. As are the actions that lead to getting out of poverty.
"Don't blame Wall Street, don't blame the big banks, if you don't have a job and you're not rich, blame yourself!" Cain said. "It is not a person's fault because they succeeded, it is a person's fault if they failed. And so this is why I don't understand these demonstrations and what is it that they're looking for."
Not that 14 million people who are out of work through no reason of their own, other than that the economys not growing, Cain said. It should be the failed policies of this administration not Wall Street is what they should be protesting.
They cheered for the death penalty, booed a gay service member, and now they're cheerfully blaming the unemployed for being unemployed. Such nice people.
These Christian Americans are sooo compassionate... and understanding...
Herman Cain Blames The Unemployed, GOP Debate Audience Cheers (VIDEO)