Half a million billion kajillion dollars and the best he can do is a friggin MAGNET :rotf2:

On Obama's visit, presidential seal blew off his limo on I-76; it later was recovered | Philadelphia Daily News | 07/02/2011

And yes this limo was ordered and built to HIS HIGHNESS's SPECIFIC needs/specs. Not any other president...O'SAMA The main man #1

POKE

Obama On Fixing Unemployment: | RealClearPolitics



So where's he been all this time. Oh wait there's those 7 little wars going on. :smash:

Stand back! He's coming to save the daaaaaaaaaaay! He's ready to roll up his sleeves!

PROOF that O'bama ruined this country :hee:

Rubio: Every Aspect Of Life In America Is Worse Since Obama Took Over | RealClearPolitics

"Every aspect of life in America today is worse than it was when [President Obama] took over. Unemployment higher. Interest rates. The only thing that has gone down in America over the last two years is the value of your home. This president has mismanaged this economy. He has been incompetent in his management of this economy," Sen. Marco Rubio (R-FL) said on "Hannity."

Obama = the great Miss manager (in more ways than one)

Rubio has a bright future with the GOP.

That being said, I just checked one of my IRA's and from when Obama took office until now it's up 68% without any contributions on my part.

And this is after a blistering recession, high energy prices, a new health care burden on private business and uncertainty as to how government will regulate and tax wealth in the future.

68%!!!

I'd be willing to wager that Rubio's retirement portfolio looks much the same if not better.

Which would make him a liar, or perhaps just a dope. Perhaps he doesn't have that bright a future with the GOP.

-spence

:rotf2::rotf2::rotf2:

whose the dope?

Did you have a point?

-spence

we was warned

‪FDR Warning about Today's Republicans‬‏ - YouTube

68%?????? from what?? Bernie Madoff didn't even get that.How about letting the rest of us get on that one.:wall::rotf2:

I'm obviously talking about the value of the IRA that was pummeled during the end of Bush's presidency and now is back so somewhat normal.

And I was looking at the wrong chart, IRA only was 51%, and I'm glad it's back.
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obviously

What FDR warned against is today's Social Security system. He envisioned a pre-funded "insurance" system of compulsory contributions into a social insurance annuity for WORKERS to be used as a supplement to their own privately invested retirement plans. What developed in the 1940's was a shift, against his will, to a pay-as-you-go system that also progressively expanded to cover all sorts of beneficiaries other than contributing "workers." It is now just another compulsory regressive payroll tax that goes into the general fund and helps to pay all the Federal Government obligations.

It was known as far back as 1935, before the Social Security Act was passed, in the January 1935 report of the committee on economic security that "with an increasing number and even more rapidly increasing percentage of the aged, the cost of supporting old persons will be a heavy load on future generations . . ." and this was before modern medecine increased life span and before so many other then retirees were added to the S.S. rolls.

Arthur Altmeyer said in 1944 " it is a mathematical certainty that the longer the present day pay-roll tax rate remains in effect, the higher the future pay-roll tax must be . . . will eventually necessitate raising the employees contribution rate later to a point where future beneficiaries will be obliged to pay more for their benefits than if they obtained this insurance from a private insurance company." And also "retaining the present rate creates a moral obligation on the part of Congess to provide a government subsidy . . . to avoid levying inequitably high pay-roll tax rates . .. . this is recognized in the Murray ammendment . . . to the Social Security Act . . . [in wich] there is . . . to be appropriated to the trust fund . . . sums as may be required to finance the benefits . . ." Altmeyer was a student of one of the founders of the Wisconsin model of social insurance which was the model for FDR's plan.

So FDR might have been warning about Republicans of his time, but not todays Republicans who want a partial or complete reform of Social Security that would privatize it to resemble more closely his vision than the system that exists.

absolutely... your best, most recent effort to defend your earthly master, and in this case, discount the comments by Rubio was to grossly overstate the gains of "one " of your IRA's...I'll give you credit for a speedy correction after being called on it as Obama's revision of phony econmic numbers usually appear a week or two or more after he has misused the data, your elation over gains that can be mainly credited to the works of Bernanke Maidoff and the Toothfairy remind me a little of Soros proclaiming during the depth of the recession that he'd "had a very good year"...gloating over unsubstantiable and now "revised" claims and assailing Rubio in doing so :confused: is that your ONLY example that things might be better...Spence's IRA? .......cause I don't think it's gonna move too many people....

No one laughed.

Your term has been the biggest joke yet :hee:

Obama Makes Joke About Confirmation Process And No One Laughs | RealClearPolitics

"IMPEACH BARRY NOW!!.. THIS IMPOSTER HAS DESTROYED OUR COUNTRY AND WAY OF LIFE!!.. WE CAN'T EVEN AFFORD GAS OR GROCERIES WHILE HIM AND HIS WIFE LIVE LIKE ROYALTY!!.. 2012 CAN'T COME SOON ENOUGH!!."

Comment was on a article about Barry and his financial mess
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It was one measure, one BIG measure that impacts every American and benefits tens of millions of Americans significantly.

Please put at least a little effort in it.

-spence

IMHO.

The problem is not who is president or running the House. It is jobs. Every reccession that we have ever had has been lifted up by an uptick in manufacturing, followed by a increase in housing demand. Since we have sent millions of jobs overseas to China and India and whereever the hell else they wen,t there are very little of what I call general labor jobs out there. These are the jobs for the high school grad or drop-out that paid well and got them into the housing mkt. So no jobs for them, no demand for real estate, no demand for all the other serives. This is the first time I remember a reverse trickle down theory. The problem is trickling up.

I work and live in the Attleboros, when I moved here from Texas on 1995 the were 10"s of thousands of blue collar folks making a living in the metal and jewelry business over the last 15 years those jobs have left, Balfour gone, TI gone, Hasbro gone. Downtown is a wasteland and the unemployment rates are in the double digits. Wealth in the US is becomming concentrated at the very top levels.

The world had become a mkt village. As a manufacturer you can build in China and ship to the best mkt, then have the cash delivered to the country with the losest corporate tax rate. The only role that US has is banking and research and China is starting to challange us on the research end of things.

I am pretty sure we are screwed at this point regardless of what happens. We did it to ourselves, kept reelecting vote for sale government leaders. Lobbyists running the show in DC. I don't have an answer, but I really don't belive in the government or the US anymore.

Ya, if they had mucho gold in their portfolio.

LIAR LIAR PANTS ON FIRE

CURL: Is Obama a pathological liar? - Washington Times

Steve King on default: Obama could be impeached - Reid J. Epstein - POLITICO.com

NOTHING would make my day better than to see this.

No gold in mine.
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Too bad, up 72.84% since Obama took the reins.

Most money managers reccomend at least 5-10% in a well diversified portfolio.

Don't think there's any in my 401K but the money market could have a bit.

-spence

I doubt they would have it in your 401 K but you can have it in your IRA.
Buy it as spdr gold trust [symbol GLD] where you can trade it, or a good
gold mutual fund of which there are many, minning companies etc.
At $1570 an oz it's pricey now, some say it could hit 2-3000 oz but at
this point I wouldn't bet the farm on it. It can go down as fast as up.
Hedge against inflation and protection against financial collapse,
depends on which way O takes us. :)
Kinda like an insurance policy.

Gold prices are global, Obama might be able to influence, but there are much larger forces at play.

-spence

Yup, supply and demand, but one of the big reasons it has risen so rapidly, since he has been in office, is the global fear that we will end up following the way of Greece, and domesticaly a flight to safety.

DIS A POINT MINTS

AWESOME

Satirical mints poking fun at Obama pulled from UT bookstore Knoxville News Sentinel

POKE

Obama Administration Exempting Schools From Federal Law?s Testing Mandate | CNSnews.com

THAT is great. So now instead of fixing the problem of why the kids can't pass-THEYRE NOT LEARNING...let's just SCRAP THE TESTING :claps:

Nice Job MR PRESIDENT.

Just so Spence can't get too wound up..

"The plan to offer waivers to all 50 states, as long as they meet other school reform requirements, comes at the request of President Barack O'bama"

KICK

Obama hits all-time low, NBC News/WSJ poll finds - politics - msnbc.com
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15 more months :happy:
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Maybe less If someone would step up and start the impeachment of this turdschlocken
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1 more week down :happy:

Obama speech didn't boost approval - Washington Times

OOOOOOOOOO WHAT A SHAME


:spam: