The Next Recession Is Going to Be Brutal. The economy is showing signs of turning ...

[Toddsterpatriot]

In 2007 the banks had unsecured loans on the books so they bundled them and tried to sell them...when they wouldn't sell...when no one bought them I sold my stocks and missed the crash....
and 2000 we had plenty of warning when the tech sector plummeted...1990 I was playing with Sally rotten crotch and didn't care....

Another question for you, do you think it is just coincidence we go through recessions on such a regular pattern?

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Obama proved our economy does just great without messing with it....

He added tons of regulations. The opposite of not messing with it.

Probably why his economic performance was so weak.

 

[francoHFW]

Another question for you, do you think it is just coincidence we go through recessions on such a regular pattern?

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Only they were not mistakes. It was Intentional. Research The Things They Did. It was all to draw power to themselves and to eliminate all competition to The Federal Reserve System.

The Great Depression | Federal Reserve History

“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.” Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

In 2002, Ben Bernanke, then a member of the Federal Reserve Board of Governors, acknowledged publicly what economists have long believed. The Federal Reserve’s mistakes contributed to the “worst economic disaster in American history” (Bernanke 2002).

Bernanke, like other economic historians, characterized the Great Depression as a disaster because of its length, depth, and consequences. The Depression lasted a decade, beginning in 1929 and ending during World War II. Industrial production plummeted. Unemployment soared. Families suffered. Marriage rates fell. The contraction began in the United States and spread around the globe. The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.

Bernanke and Friedman are idiots who were proven wrong on just about everything... Stupid GOP deregulation like the 10% margin buy and then stupid trade Wars in 1930 wrecked the whole world economy. Just like the idiot Trump is doing now....

 

[HenryBHough]

There's money to be made in a recession.

Over the years it has worked for me twice. To the point where I was able to retire quite early and have no concern about what happens to others.

OMG, I'm turning into a Democrat!

 

[francoHFW]

Another question for you, do you think it is just coincidence we go through recessions on such a regular pattern?

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Obama proved our economy does just great without messing with it....

He added tons of regulations. The opposite of not messing with it.

Probably why his economic performance was so weak.

The best economy in the world for seven and a half years, brain-washed functional moron. But thanks for 911 through sheer incompetence, the stupidest Wars ever, and the corrupt 2008 GOP World depression, brainwashed functional moron. Let's see how your ridiculous orange clown trade Wars and corrupt deregulation wreck the world this time....

 

[Toddsterpatriot]

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Only they were not mistakes. It was Intentional. Research The Things They Did. It was all to draw power to themselves and to eliminate all competition to The Federal Reserve System.

The Great Depression | Federal Reserve History

“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.” Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

In 2002, Ben Bernanke, then a member of the Federal Reserve Board of Governors, acknowledged publicly what economists have long believed. The Federal Reserve’s mistakes contributed to the “worst economic disaster in American history” (Bernanke 2002).

Bernanke, like other economic historians, characterized the Great Depression as a disaster because of its length, depth, and consequences. The Depression lasted a decade, beginning in 1929 and ending during World War II. Industrial production plummeted. Unemployment soared. Families suffered. Marriage rates fell. The contraction began in the United States and spread around the globe. The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.

Bernanke and Friedman are idiots who were proven wrong on just about everything... Stupid GOP deregulation like the 10% margin buy and then stupid trade Wars in 1930 wrecked the whole world economy. Just like the idiot Trump is doing now....

Stupid GOP deregulation like the 10% margin buy

Did you ever discover when Republicans passed the 10% margin rule?

Or are you still lying?

 

[Toddsterpatriot]

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Obama proved our economy does just great without messing with it....

He added tons of regulations. The opposite of not messing with it.

Probably why his economic performance was so weak.

The best economy in the world for seven and a half years, brain-washed functional moron. But thanks for 911 through sheer incompetence, the stupidest Wars ever, and the corrupt 2008 GOP World depression, brainwashed functional moron. Let's see how your ridiculous orange clown trade Wars and corrupt deregulation wreck the world this time....

The best economy in the world for seven and a half years,

Meh.

Weakest recovery since WWII.

But thanks for 911 through sheer incompetence

I agree, Clinton should have taken out Bin Laden when he had the chance. Weak ass Dem twat.

 

[francoHFW]

There's money to be made in a recession.

Over the years it has worked for me twice. To the point where I was able to retire quite early and have no concern about what happens to others.

OMG, I'm turning into a Democrat!

actually concern for others is the first step to being a Democrat, brainwashed functional moron...

 

[francoHFW]

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Only they were not mistakes. It was Intentional. Research The Things They Did. It was all to draw power to themselves and to eliminate all competition to The Federal Reserve System.

The Great Depression | Federal Reserve History

“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.” Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

In 2002, Ben Bernanke, then a member of the Federal Reserve Board of Governors, acknowledged publicly what economists have long believed. The Federal Reserve’s mistakes contributed to the “worst economic disaster in American history” (Bernanke 2002).

Bernanke, like other economic historians, characterized the Great Depression as a disaster because of its length, depth, and consequences. The Depression lasted a decade, beginning in 1929 and ending during World War II. Industrial production plummeted. Unemployment soared. Families suffered. Marriage rates fell. The contraction began in the United States and spread around the globe. The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.

Bernanke and Friedman are idiots who were proven wrong on just about everything... Stupid GOP deregulation like the 10% margin buy and then stupid trade Wars in 1930 wrecked the whole world economy. Just like the idiot Trump is doing now....

Stupid GOP deregulation like the 10% margin buy

Did you ever discover when Republicans passed the 10% margin rule?

Or are you still lying?

The usual corrupt deregulation and crony oversight by the GOP from 1921 to 1929. But you dupes probably don't know the dates and if it's like 2008 you don't even know the depression happened LOL.... As always hard to prove with the scumbag GOP swampers.... Just like with Trump campaign meeting with Russians over a hundred times and writing nothing down is not suspicious at all I suppose.... Only the brainwash and your ignorance makes this mess possible...

 

[Toddsterpatriot]

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Only they were not mistakes. It was Intentional. Research The Things They Did. It was all to draw power to themselves and to eliminate all competition to The Federal Reserve System.

The Great Depression | Federal Reserve History

“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.” Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

In 2002, Ben Bernanke, then a member of the Federal Reserve Board of Governors, acknowledged publicly what economists have long believed. The Federal Reserve’s mistakes contributed to the “worst economic disaster in American history” (Bernanke 2002).

Bernanke, like other economic historians, characterized the Great Depression as a disaster because of its length, depth, and consequences. The Depression lasted a decade, beginning in 1929 and ending during World War II. Industrial production plummeted. Unemployment soared. Families suffered. Marriage rates fell. The contraction began in the United States and spread around the globe. The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.

Bernanke and Friedman are idiots who were proven wrong on just about everything... Stupid GOP deregulation like the 10% margin buy and then stupid trade Wars in 1930 wrecked the whole world economy. Just like the idiot Trump is doing now....

Stupid GOP deregulation like the 10% margin buy

Did you ever discover when Republicans passed the 10% margin rule?

Or are you still lying?

The usual corrupt deregulation and crony oversight by the GOP from 1921 to 1929. But you dupes probably don't know the dates and if it's like 2008 you don't even know the depression happened LOL.... As always hard to prove with the scumbag GOP swampers.... Just like with Trump campaign meeting with Russians over a hundred times and writing nothing down is not suspicious at all I suppose.... Only the brainwash and your ignorance makes this mess possible...

No proof? Were you lying, or just wrong?

 

[Faun]

"They were the people from the Private Sector that lost their jobs while Obama was propping up the Public Sector."

You never stop lying, do you, ya lying con tool?

In reality, Obama is the only president on record to see public sector jobs decrease on his watch...

Truman ............. 609,000
Eisenhower ....... 1,770,000
Kennedy ............ 920,000
Johnson .......... 2,725,000
Nixon ............ 2,119,000
Ford ............... 728,000
Carter ........... 1,304,000
Reagan ........... 1,414,000
GHWBush .......... 1,127,000
Clinton .......... 1,934,000
Bush ............. 1,744,000
Obama ............. -269,000
Trump .............. 190,000

Bureau of Labor Statistics Data - Government Jobs​

And Bush, along with Herbert Hoover, are the only presidents to see private sector jobs decrease on their watch. (you voted for Bush, didn'tcha?)

Jan/2001: 111,877,000
Jan/2009: 111,495,000

Bush: -382,000

Bureau of Labor Statistics Data - Private Sector Jobs (2001-2009)​

Whereas private sector Jobs were way up under Obama...

With Bush's Great Recession ............................ 11,890,000
Since 2010 when jobs started coming back ... 16,063,000

Bureau of Labor Statistics Data - Private Sector Jobs (2009-2017)​

Way to use statistics to paint a picture that didn't exist, Faun! "Public Sector jobs"? Now what would constitute a Public Sector job? That would be Federal, State and Local government jobs...correct? Did Federal jobs decrease under Obama? The answer to that would be NO...they did not! Despite a recession that saw millions of Americans laid off for years...Federal employees didn't get canned. The number of Federal employees actually increased! So who DID get laid off from government jobs and why did that take place? The answer to that is that State and local government workers got laid off! Why? Because unlike the Federal Government...State and local governments just can't print money to pay their employees! They have to balance budgets. So take your accusation of me "lying" and shove it up your ass! You're the biggest bullshit artist on this board! You don't use statistics to tell the truth...you use them to HIDE it!

Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.



As far as federal jobs, only 24,000 were added under Obama in 8 years.

Trump's already add nearly half that in just 2½ years, not a word from you.

33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.

You single out the Democrat because you're a lying con tool.

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs (plus 6,000) added -- occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

So now you're claiming that when I cite a government source...that "I'm" lying? How does that work exactly, Faun? You can't bring yourself to admit that Barry SUCKED when it came to the economy and job creation! You use cherry picked statistics to try and make it look like he had a clue what he was doing on the economy but it's obvious that his progressive agenda extended the recession that he inherited and turned it into the worst recovery from a recession since FDR and the Great Depression!

You're fucking deranged.

"So now you're claiming that when I cite a government source...that "I'm" lying? How does that work exactly, Faun?"

Because all the jobs were added under Bush. Non-postal jobs decreased under Obama.

"You can't bring yourself to admit that Barry SUCKED when it came to the economy and job creation!"

And by "sucked," you mean adding more than 16 million jobs after Bush's Great Recession.

"You use cherry picked statistics to try and make it look like he had a clue what he was doing on the economy but it's obvious that his progressive agenda extended the recession that he inherited and turned it into the worst recovery from a recession since FDR and the Great Depression!"

And by "cherry picked statistics," you mean not saddling him with job losses due to the Great Recession Bush dumped on him.

 

[The Original Tree]

You are certifiably insane. How does a person even believe that kinda junk?

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Obama proved our economy does just great without messing with it....

He added tons of regulations. The opposite of not messing with it.

Probably why his economic performance was so weak.

The best economy in the world for seven and a half years, brain-washed functional moron. But thanks for 911 through sheer incompetence, the stupidest Wars ever, and the corrupt 2008 GOP World depression, brainwashed functional moron. Let's see how your ridiculous orange clown trade Wars and corrupt deregulation wreck the world this time....

 

[Faun]

Way to use statistics to paint a picture that didn't exist, Faun! "Public Sector jobs"? Now what would constitute a Public Sector job? That would be Federal, State and Local government jobs...correct? Did Federal jobs decrease under Obama? The answer to that would be NO...they did not! Despite a recession that saw millions of Americans laid off for years...Federal employees didn't get canned. The number of Federal employees actually increased! So who DID get laid off from government jobs and why did that take place? The answer to that is that State and local government workers got laid off! Why? Because unlike the Federal Government...State and local governments just can't print money to pay their employees! They have to balance budgets. So take your accusation of me "lying" and shove it up your ass! You're the biggest bullshit artist on this board! You don't use statistics to tell the truth...you use them to HIDE it!

Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.



As far as federal jobs, only 24,000 were added under Obama in 8 years.

Trump's already add nearly half that in just 2½ years, not a word from you.

33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.

You single out the Democrat because you're a lying con tool.

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs added occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

Rightwingers trying to do data analysis is like a three legged dog trying to run - it's really sad, but you just can't look away.

Did you want to address the two charts cited in the government report I provided, Anton? Show how they're inaccurate in any way? Explain why they don't show that Barry struggled mightily with the economy and job creation?

I'll address charts 4 & 5. Here are the presidents who gave us those recessions...

Truman
Eisenhower
Nixon
Reagan
Bush41
Bush43

Basically, every Republican president in the last 90 years except for Ford. So why do you vote Republican?

 

[deanrd]

We have protection

 

[Faun]

Rooseveldt's method of ending the depression was simple.

Start a war.

i.e., government spending.

 

[Faun]

Another question for you, do you think it is just coincidence we go through recessions on such a regular pattern?

Do you think it is a coincidence that after The IRS and Federal Reserve were created and granted Asset Forfeiture Powers, & immediately upon being granted that power The Federal Reserve confiscated all the Treasury Notes being held at Private Banks, demanding them from Non Member privately owned Community Banks, and then shorted those private banks of Federal Reserve Notes they were promised, intentionally causing The Great Depression, in what The Federal Reserve called an Intentional Banking Consolidation?

Do you think it's a coincidence they destroyed 30,000 little privately owned Community Banks and only left Federal Reserve member Banks standing, and do you think its a coincidence that both The Federal Reserve and IRS used Asset Forfeiture (Unconstitutional) to seize Billions and Billions in property like farms, homes, private businesses, private banks during their "Banking Consolidation" otherwise known as The Great Depression?

The Left Worships Big Government.

This is what Big Government Does.

It treats people like disposable commodities to be bought, sold and disposed of at will.

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Obama proved our economy does just great without messing with it....

He added tons of regulations. The opposite of not messing with it.

Probably why his economic performance was so weak.

And by "weak," you mean growing at about the same rate as trump's...

Real GDP growth:
Q3-2009 - Q4-2016: 2.3%
Q1-2017 - Q2-2019: 2.7%

 

[Faun]

Sounds like a well regulated banking system, so we have many fewer panics and depressions, in fact we only have them when the GOP scumbag deregulation and crony oversight gives us another huge corrupt bubble and bust....

Sure: Whatever you say. The GOV with The FED and IRS Stole Billions upon Billions in assets and you call it "Banking Regulation" like they called it "Banking Consolidation"

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Obama proved our economy does just great without messing with it....

He added tons of regulations. The opposite of not messing with it.

Probably why his economic performance was so weak.

The best economy in the world for seven and a half years, brain-washed functional moron. But thanks for 911 through sheer incompetence, the stupidest Wars ever, and the corrupt 2008 GOP World depression, brainwashed functional moron. Let's see how your ridiculous orange clown trade Wars and corrupt deregulation wreck the world this time....

The best economy in the world for seven and a half years,

Meh.

Weakest recovery since WWII.

But thanks for 911 through sheer incompetence

I agree, Clinton should have taken out Bin Laden when he had the chance. Weak ass Dem twat.

Worst recession in our lifetime.

 

[francoHFW]

so they caused the Great Depression intentionally? You are out of your tiny mind. it was caused by GOP greed and deregulation. Like being able to buy stocks with a 10% margin. Great idea! The GOP just can't stop screwing with the economy. Obama proved our economy does just great without messing with it....

Only they were not mistakes. It was Intentional. Research The Things They Did. It was all to draw power to themselves and to eliminate all competition to The Federal Reserve System.

The Great Depression | Federal Reserve History

“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.” Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

In 2002, Ben Bernanke, then a member of the Federal Reserve Board of Governors, acknowledged publicly what economists have long believed. The Federal Reserve’s mistakes contributed to the “worst economic disaster in American history” (Bernanke 2002).

Bernanke, like other economic historians, characterized the Great Depression as a disaster because of its length, depth, and consequences. The Depression lasted a decade, beginning in 1929 and ending during World War II. Industrial production plummeted. Unemployment soared. Families suffered. Marriage rates fell. The contraction began in the United States and spread around the globe. The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.

Bernanke and Friedman are idiots who were proven wrong on just about everything... Stupid GOP deregulation like the 10% margin buy and then stupid trade Wars in 1930 wrecked the whole world economy. Just like the idiot Trump is doing now....

Stupid GOP deregulation like the 10% margin buy

Did you ever discover when Republicans passed the 10% margin rule?

Or are you still lying?

The usual corrupt deregulation and crony oversight by the GOP from 1921 to 1929. But you dupes probably don't know the dates and if it's like 2008 you don't even know the depression happened LOL.... As always hard to prove with the scumbag GOP swampers.... Just like with Trump campaign meeting with Russians over a hundred times and writing nothing down is not suspicious at all I suppose.... Only the brainwash and your ignorance makes this mess possible...

No proof? Were you lying, or just wrong?

No you're right. The GOP had nothing to do with any of these corrupt economic meltdowns when they were in power, every time, brainwashed functional moron.

 

[The Original Tree]

Broken record

Broken record

Broken Record

Broken Record

Broken Record

Only they were not mistakes. It was Intentional. Research The Things They Did. It was all to draw power to themselves and to eliminate all competition to The Federal Reserve System.

The Great Depression | Federal Reserve History

“Regarding the Great Depression, … we did it. We’re very sorry. … We won’t do it again.” Ben Bernanke, November 8, 2002, in a speech given at “A Conference to Honor Milton Friedman … On the Occasion of His 90th Birthday.”

In 2002, Ben Bernanke, then a member of the Federal Reserve Board of Governors, acknowledged publicly what economists have long believed. The Federal Reserve’s mistakes contributed to the “worst economic disaster in American history” (Bernanke 2002).

Bernanke, like other economic historians, characterized the Great Depression as a disaster because of its length, depth, and consequences. The Depression lasted a decade, beginning in 1929 and ending during World War II. Industrial production plummeted. Unemployment soared. Families suffered. Marriage rates fell. The contraction began in the United States and spread around the globe. The Depression was the longest and deepest downturn in the history of the United States and the modern industrial economy.

Bernanke and Friedman are idiots who were proven wrong on just about everything... Stupid GOP deregulation like the 10% margin buy and then stupid trade Wars in 1930 wrecked the whole world economy. Just like the idiot Trump is doing now....

Stupid GOP deregulation like the 10% margin buy

Did you ever discover when Republicans passed the 10% margin rule?

Or are you still lying?

The usual corrupt deregulation and crony oversight by the GOP from 1921 to 1929. But you dupes probably don't know the dates and if it's like 2008 you don't even know the depression happened LOL.... As always hard to prove with the scumbag GOP swampers.... Just like with Trump campaign meeting with Russians over a hundred times and writing nothing down is not suspicious at all I suppose.... Only the brainwash and your ignorance makes this mess possible...

No proof? Were you lying, or just wrong?

No you're right. The GOP had nothing to do with any of these corrupt economic meltdowns when they were in power, every time, brainwashed functional moron.

 

[Oldstyle]

Poor, lying con tool. I'm going by what you said ... private versus public jobs. Public jobs decreased under Obama; and only under Obama. The private sector did great under him, adding 16 million jobs once jobs returned after Bush's Great Recession.



As far as federal jobs, only 24,000 were added under Obama in 8 years.

Trump's already add nearly half that in just 2½ years, not a word from you.

33,000 added under Bush in 8 years, nearly all added during his recession. Not a word from you.

You single out the Democrat because you're a lying con tool.

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs (plus 6,000) added -- occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

So now you're claiming that when I cite a government source...that "I'm" lying? How does that work exactly, Faun? You can't bring yourself to admit that Barry SUCKED when it came to the economy and job creation! You use cherry picked statistics to try and make it look like he had a clue what he was doing on the economy but it's obvious that his progressive agenda extended the recession that he inherited and turned it into the worst recovery from a recession since FDR and the Great Depression!

maybe it's because it was the worst economic meltdown since the Great Depression, and was only averted by spending 8 trillion dollars or so...
That's what happens when the GOP Rex the entire world economy duh. Thank God Democrats got in fast this time. Great job scumbag GOP and silly dupes like you.... Europe also spent about that much, but much of the world did have a depression.

Make no mistake, brainwashed functional moron. We had the best economy in the world under Obama for 7 and 1/2 years, just as good as Trump's economy even with 2 trillion dollars in sugar for no reason except the typical GOP giveaway to the rich and giant corporations....

If you think the Obama economy was as good as Trump's for 7 1/2 years, Franco...you're reinforcing your status as the left's biggest buffoon! TARP is what kept us from having major parts of the financial system collapse and THAT was W's response to the recession...not Barry's!

 

[francoHFW]

Once again...you use a statistic to hide the truth. Your figure of 24,000 added can only be arrived at by counting the massive amount of people that the US Post Office laid off...an organization that is only loosely affiliated with the "Federal Government"! The truth is that while millions of Americans in the Private Sector were being laid off...Barack Obama added to the Federal work force.

"Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009. State and local gov-ernments added jobs during the first several months of the recession, but after employment reached a high point in August 2008, they shed 68,000 jobs through the end of the recession—a decline of about 0.3 percent. (See chart 3.) Employment in State and local government tends not to fall during recessions, and job growth in these areas actu-ally accelerated during the 1990–91 and 2001 recessions.31State and local governments have less flexibility than the Federal Government to run deficits; nearly all State governments have some form of a balanced-budget re-quirement.32 State tax revenues—received primarily from income, sales, and gross receipts taxes—are sensitive to the business cycle, and they began to fall on an annual basis after September 2008.33 Falling revenues put pres-sure on States to cut employment, which they began to do after August 2008. In order to shore up State budgets, nearly 60 billion dollars of fiscal relief was given by the Federal Government to the States in 2009 as part of the American Recovery and Reinvestment Act. This stimulus package was also intended to help local governments stave off job cuts.34Local governments, unlike State governments, did not see a drop in tax revenue. Local government tax revenues come mostly from property taxes, which continued to grow throughout the recession despite declining home values.35But, according to the National League of Cities, revenue growth was outpaced by spending growth in 2008 and 2009, and local governments began reducing employment after September 2008 in order to cover budget shortfalls.36The recession led not only to employment losses, but also to cuts in workers’ hours.37 In June 2009, average weekly hours of all employees had fallen by 1 hour to 33.7 hours from the peak in June 2007. Aggregate hours, the product of employment and average weekly hours, fell by 9.8 percent between June 2007 and October 2009. As 2010 came to a close, aggregate hours were still 7.6 per-centage points below their prerecession peak."
https://www.bls.gov/opub/mlr/2011/04/art1full.pdf

""Overall, government employment grew during the 2007–09 recession. Federal Government employment (ex-cluding temporary Census workers) grew by 48,000 from December 2007 through June 2009.

Lying con tool, do you ever stop lying? Ever???

You complain about 48,000 government jobs added during Bush's Great Recession; but being the lying con tool you are, you ludicrously blame Obama. When in reality, during the little more than 5 months Obama presided during the recession, non-postal government jobs decreased by 6,000.

Meaning ALL of those jobs (plus 6,000) added -- occurred under Bush. But because you're the lying con tool I've been saying you are, here you are pounding your fists on the table over Obama and blaming him for what Bush actually did.

BLS: total government

BLS: postal service

So now you're claiming that when I cite a government source...that "I'm" lying? How does that work exactly, Faun? You can't bring yourself to admit that Barry SUCKED when it came to the economy and job creation! You use cherry picked statistics to try and make it look like he had a clue what he was doing on the economy but it's obvious that his progressive agenda extended the recession that he inherited and turned it into the worst recovery from a recession since FDR and the Great Depression!

maybe it's because it was the worst economic meltdown since the Great Depression, and was only averted by spending 8 trillion dollars or so...
That's what happens when the GOP Rex the entire world economy duh. Thank God Democrats got in fast this time. Great job scumbag GOP and silly dupes like you.... Europe also spent about that much, but much of the world did have a depression.

Make no mistake, brainwashed functional moron. We had the best economy in the world under Obama for 7 and 1/2 years, just as good as Trump's economy even with 2 trillion dollars in sugar for no reason except the typical GOP giveaway to the rich and giant corporations....

If you think the Obama economy was as good as Trump's for 7 1/2 years, Franco...you're reinforcing your status as the left's biggest buffoon! TARP is what kept us from having major parts of the financial system collapse and THAT was W's response to the recession...not Barry's!

Yes yes, the bushes took great care of their cronies and pals in the private mortgage and insurance business. The stimulus took care of people on main Street that got screwed... Along with about 7 trillion dollars in welfare and unemployment for the victims.... Great job as always. Oh wait that depression never happened...