Patterico's Pontifications

8/4/2011

Dow Drops Over 500 Points

Filed under: General — Patterico @ 6:26 pm



Hooray for Obama.

106 Responses to “Dow Drops Over 500 Points”

  1. Jobless claims at 400,000+ a week for 17 straight weeks.

    Hooray for Obama … yep, if you were intentionally trying to destroy the American economy’s ability to recover from a recession, I don’t know how one would be more effective than Obama.

    SPQR (26be8b)

  2. Well, it’s change, no question.

    Bugg (ea1809)

  3. Wall Street to Obama: I’m, like, so over you.

    Major Kong (f4574f)

  4. Luke will be along to blame this on the teahadi terrorists and Bush. And, Kyoto.

    JD (29e1cd)

  5. if you were intentionally trying to destroy the American economy’s ability to recover from a recession, I don’t know how one would be more effective than Obama.</ the republicans in congress. It's almost as if they see engineering further economic failure with Obama at the helm as their path to greater political power and are doing there damn best to make that happen.

    Spartacvs (1f604b)

  6. Barack Obama
    is the Czar of Food Stamps and
    Unemployment Checks

    ColonelHaiku (38526a)

  7. Spurty is pathetic. Truly.

    JD (6e25b4)

  8. Proof that the
    deficit hike
    was not Tea Party party.

    AZ Bob (aa856e)

  9. Jesse Jackson went
    Sox game not bash for Barack
    fiftieth birthday

    Racist!!!!

    elissa (57f8bd)

  10. Spurty is pathetic. Truly.

    Comment by JD — 8/4/2011 @ 7:49 pm

    That’s all there is to say about his ‘argument’.

    The economy is in shambles in most of the country. It’s getting worse in many places. Where it’s still doing well, government is more limited, has spending under control, and tries to stay out of the way if it can.

    The Tea Party way is proven. The Obama policies are a tremendous failure.

    Dustin (b7410e)

  11. Latest Gallup poll shows Obama’s approval rating at 41%. Which raises the obvious question: who the hell are these dumba**es who still approve of Obama’s job performance?

    What part do they “approve” of, exactly? The 9.2% unemployment? The $4 gas? The fact that the budget deficit in a single month now is greater than the entire annual deficit just four years ago? The feckless, stalemated, illegal war in Libya?

    Seriously, can 41% of our fellow citizens be this stupid? Or are we still looking at some form of Bradley Effect here?

    Major Kong (f4574f)

  12. Spartacvs, your attempt at snark only shows your own utter incompetence, and mendacity.

    The GOP has since regaining control of the House adopted no legislation that has had any economic effect. The current failure of the Democrats’ economic policies is solely at their door. Your snark only illustrates your stupidity.

    SPQR (26be8b)

  13. Is there any way that Spartacvs could be dumber? Seriously. Blaming the GOP led House, six months into the Congressional session, with no budgets passed, no tax measures, no economic legislation at all? The last economic legislation passed was in December by the fully Democratic controlled Congress and today we have flat economic growth, massive unemployment and no upward trend in either.

    SPQR (26be8b)

  14. Dustin – if the teahadi terrorists had not taken the economy hostage, this would have never happened. Clearly, the routine yet unexpected downward revisions, especially Q1 and Q2 are the fault of the teabagging extremists.

    JD (d56362)

  15. who the hell are these dumba**es who still approve of Obama’s job performance?

    What part do they “approve” of, exactly?

    For some, it’s probably his race. I guess that’s the converse to Garofalo’s accusation of racism, but it’s true. Some are racist and support Obama because of his race.

    For some, it’s because they live off entitlement spending and welfare. They do not care that they are stealing from our children’s future because they are financial pedophiles.

    For some, they are unionized or government employees (or both) and similarly just want more more more at the expense of everyone else.

    Some have some issue they believe deeply in, to the detriment of all other issues. Abortion, environment, etc.

    And then there are the real idiots. Antiwar folks. Average low info voters who think Obama is cool. People who think conservatives are evil.

    I wouldn’t be surprised if these guys do add up to 41%.

    Thank a teacher.

    Dustin (b7410e)

  16. the fault of the teabagging extremists.

    Comment by JD

    No doubt this explains Europe and Asia’s financial problems too!

    Palin Akbar!

    Dustin (b7410e)

  17. Since we’re going to be getting trolls and talking points:

    The near-term cuts in spending will not materially add to the pressures on the economy.

    TurboTax Timmy.

    Karl (37b303)

  18. ChimpyMcHalliburtonShrub finally sees his nefarious plan come together and laughs at the greatest President evah, while CheneyHimmler tries not to chuckle so his pacemaker doesn’t go haywire,

    Because, you know, it’s all their fault.

    That sounds like a great re-election platform. Let’s see how it works.

    Ag80 (9a213d)

  19. Half of the population has an IQ under 100, remember? And they’ve been mostly taught in government controlled schools since Goldwater lost.

    Pvt. Moth (412a17)

  20. That sounds like a great re-election platform. Let’s see how it works.

    Comment by Ag80 — 8/4/2011 @ 8:16 pm

    I harbor a guilty hope Perry is the nominee just so he goads the hard left into Bush derangement syndrome. Maybe he’ll pick Liz Cheney as his VP?

    Dustin (b7410e)

  21. 11. What part do they “approve” of, exactly? The 9.2% unemployment? The $4 gas? The fact that the budget deficit in a single month now is greater than the entire annual deficit just four years ago? The feckless, stalemated, illegal war in Libya?

    The public speaking. The appearing to try combined with the lack of anything better or even anything that anyone says is better.

    Yes, there are people who talk about cutting the budget deficit but nobody says that’s the route to a full recovery (only that deficits make things worse)

    And basically, there’s a bias toward saying anyone is doing a good job. You have to actually think there’s something he’s done wrong or that he is hapless, to think he is doing a BAD job.

    If you don’t think anything was done badly, then it’s a good job in the answer.

    Sammy Finkelman (d3de3a)

  22. I harbor a guilty hope Perry is the nominee just so he goads the hard left into Bush derangement syndrome. Maybe he’ll pick Liz Cheney as his VP?

    Comment by Dustin — 8/4/2011 @ 8:20 pm

    You so owe me a new computer screen! bahahahaha!!!

    ppk_pixie (6f2250)

  23. All this talk about a downgrade evidentally caused people to sell – but it is also that much worse economic statistics have come out than expected – although they should have been expected because the government has consistently been estimating that there are new very small businesses starting up – but it is precisely the proble that they are not because banks are not lending. (Republicans like to say businesses are started or expanded by savings but loans are af actor much more than that,

    Sammy Finkelman (d3de3a)

  24. Only parasites will vote Obama in 2012.

    Any decent citizen goes the other way.

    Sponge Bob (786e37)

  25. Except the stimulus was supposed to get us to 8% unemployment, the drilling moratorium, QE 2, the
    opening of the SPR, makes gas price ‘necessarily
    skyrocket’ the paucity of actual ‘shovel ready’jobs in the stimulus.

    ian cormac (81c5c2)

  26. There’s an opportunity here. Whether you sell short or bet on commodities or invest in emerging markets, it’s important to realize that for every loser there’s also a winner.

    Jack (fafc9f)

  27. Hey, it’s his 50th birthday, and all those corporate jet owners paid $38,000 to hobnob with the President.

    So, everything is OK, so shut up you racist haters.

    When the Dow drops 500, at least our President has Air Force One to jet him back to the White House to sleep after the birthday bash on his way to to raise $1 billion to be the second-term best, smartest President evah.

    Ag80 (9a213d)

  28. Spartacvs is the oslo terrorist an anti-islam white supremacist who never killed muslims?

    DohBiden (d54602)

  29. Seriously, can 41% of our fellow citizens be this stupid? Or are we still looking at some form of Bradley Effect here?

    There is no Bradley effect, and hasn’t been for years; Nov 2008 proved that, if nothing else.

    Milhouse (ea66e3)

  30. Tomorrow’s going to be as bad or worse on Wall Street. Asian markets have already opened way down.

    elissa (57f8bd)

  31. Well, yeah, Jack, except the only people who have any money to invest were plunking down the dough to shinny up to the O and Michelle.

    And they are sure as cow feces to not invest in the second summer of recovery.

    So, that money is either going overseas, or it’s being held while looking for a better return than the bankrupt USA.

    Ag80 (9a213d)

  32. Racists. Denounced. Denounced and condemned.

    JD (6e25b4)

  33. Guilty.

    Ag80 (9a213d)

  34. Racists. Denounced. Denounced and condemned.

    I’m sorry your royal highness 😉

    DohBiden (d54602)

  35. ____________________________________________

    For some, it’s probably his race.

    One of the reasons I focus on ideology and political biases is because those factors influence people way more than almost anything else.

    Sure, there are some black liberals who will admire and perhaps even vote for a black conservative, and some white rightists who will favor a white leftist over a black rightwinger. But those are the exceptions.

    Not an exception to the true is that there definitely, absolutely, undoubtedly are white liberals who will favor a white liberal over a black (or any non-white) conservative.

    Mark (411533)

  36. ____________________________________________

    For some, it’s probably his race.

    One of the reasons I focus on ideology and political biases is because those factors influence people way more than almost anything else.

    Sure, there are some black liberals who will admire and perhaps even vote for a black conservative, and some white rightists who will favor a white leftist over a black rightwinger. But those are the exceptions.

    Not an exception to the rule is that there definitely, absolutely, undoubtedly are white liberals who will favor a white liberal over a black (or any non-white) conservative.

    Mark (411533)

  37. Is that a remark?

    Machinist (b6f7da)

  38. I wonder if Will Smith still wants to play this cowardly douche in a movie

    happyfeet (3c92a1)

  39. Is that a remark?

    Comment by Machinist

    har har har

    :)

    Sure, there are some black liberals who will admire and perhaps even vote for a black conservative, and some white rightists who will favor a white leftist over a black rightwinger. But those are the exceptions.

    I have no idea what the numbers are, but there’s no doubt Obama’s race is a big reason why he was nominated and elected.

    You’re surely right, though, that it’s not just race. A progressive often has great rage as a minority who isn’t also progressive. Race is not a binary factor, but rather some kind of accelerant. For some.

    Dustin (b7410e)

  40. Will smith is busy playing with himself in a movie.

    DohBiden (d54602)

  41. It was the uneducated, toothless, Tea Party terrorists who caused this sell-off ……

    Sponge Bob (786e37)

  42. “The Tea Party way is proven. The Obama policies are a tremendous failure.”

    Dustin just said it all.

    Free markets work, socialism don’t.

    That’s another way to say it.

    Dave Surls (28f866)

  43. “Dow Drops Over 500 Points”

    Turns out that governments can pretty much never improve economies (unless they just get the hell out of the way), but they can sure as hell screw things up.

    Way to go, Obambi.

    And, a pox on the GOP controlled House that just rolled over like cur dogs on the debt issue.

    You suck.

    The last time the GOP took control of the House (in 1995) they immediately reversed the Dems borrow, borrow, borrow, spend, spend, spend insanity. This time around, they’re dropping the ball, big time.

    So far, anyway.

    Dave Surls (28f866)

  44. Republicans hate Obama because he’s black, and they hated Bill Clinton for the same reason.

    …and that’s how they look at us.

    Dana (4eca6e)

  45. Hey, it’s his 50th birthday, and all those corporate jet owners paid $38,000 to hobnob with the President.

    I wonder how much money these politicians would raise by comparison if the fundraisers were to pay down the deficit instead of shoveling money into their re-election war chests.

    I put the over/under at 5%, and I’m probably being generous.

    Another Chris (c983db)

  46. Comment by Spartacvs — 8/4/2011 @ 7:36 pm

    Shorter Sparty: “MONEY COMES FROM ELVES AND WORMHOLES A BLOO BLOO BLOO!!!”

    Another Chris (c983db)

  47. Dana–it is so much easier and takes so much less intellect for certain liberals to accuse people of racism than to accept that leftist policies and rank incompetence are the real problems. I quite honestly don’t think most Americans even see a black-ish person when they look at Obama. They do see a thin skinned president who has disappointed with his temperament and failed in substance.

    About the only people in America who ever talk about race anymore are the leftist pundits and columnists, the black congressional caucus, and a few troll commenters. It needs to stop.

    elissa (57f8bd)

  48. typo correction @47.. Meant to say:

    About the only people in America who ever talk about racism anymore…

    elissa (57f8bd)

  49. Those that talk about racism, are practioners of it.

    AD-RtR/OS! (cbda31)

  50. @ elissa,

    About the only people in America who ever talk about race anymore are the leftist pundits and columnists, the black congressional caucus, and a few troll commenters.

    …and that’s because they are unwilling to judge a person by the content of their character rather than the color of their skin. It is a narrow-minded bigoted way to treat people. Demeaning, denigrating and as a minority (pulling out my certified Injun card now), I find it insulting that the left is not willing to treat all men and women as equals.

    Dana (4eca6e)

  51. “About the only people in America who ever talk about race anymore are the leftist pundits and columnists, the black congressional caucus, and a few troll commenters.”

    And, NASCAR fans.

    Dave Surls (28f866)

  52. Well, they are willing, as long as you’re not a white, Christian, Heterosexual.
    Or, Sarah Palin.

    AD-RtR/OS! (cbda31)

  53. I also think there is a great risk involved in judging people by their character rather than the color of their skin: Character offers no excuse, no fallback, no go-to. It simply is the result of one’s decision making, assumed values and ethics. Some people don’t want to take the risk. And it becomes generational.

    Dana (4eca6e)

  54. Character is doing the right thing when you know no one’s watching.

    AD-RtR/OS! (cbda31)

  55. Teabagger Wednesday

    Apparently Wall St. doesn’t like the debt ceiling deal either, go figure. Are there any polls on current popularity of the teabagger movement? Rebublicans in Congress? Enquiring minds would like to know.

    Spartacvs (1f604b)

  56. Thanks for steeping Colonel’s Magnum Teabag, Spurty!

    ColonelHaiku (38526a)

  57. The silly comments @ #5 are pretty much the same comments which were made by Chris Matthews on his show yesterday, blaming the Tea Partiers for that 513 point drop.

    #5 continues to get an “F” for originality. He just parrots ditzy liberals on TV, incapable of thinking for himself.

    If you want to get a preview of what #5 will say tomorrow, watch MSNBC today.

    Summit, N.J. (75c9eb)

  58. Chicago Tribune columnist, Clarence Page, said on Chris Mathhews’ show yesterday that Rush Limbaugh just makes up his fabricated material as he goes along.

    Funny thing about that.

    Clarence Page also said on The McLaughlin Group that he has never listened to Rush Limbaugh.

    Go figure.

    Summit, N.J. (75c9eb)

  59. Hollow to blame Obama unless you want to point to any of his policies which actually created the 500 point drop.

    Tax hikes? Nope. Obama’s only tax increases – those contained in the Affordable Care Act – don’t go into effect until 2014. The payroll tax has actually been cut by 2 points, and personal and corporate tax rates are the same they’ve been for the past decade.

    Energy prices? How can that be pinned to Obama?

    The debt ceiling “compromise”? I don’t think Obama exactly shoved his version of a debt reduction down people’s throats.

    Serious analysis please.

    Kman (5576bf)

  60. Kmart/Ken is a clown. There was no debt reduction. None. Zero. Zip. Zilch. Nada. That is a lie.

    U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.

    JD (10025c)

  61. “Energy prices? How can that be pinned to Obama?”

    BwaaHahahahahahahahahaha!!!!!!!!!

    daleyrocks (bf33e9)

  62. “Serious analysis please.”

    Kman – Yes. Stay quiet until you can provide some.

    daleyrocks (bf33e9)

  63. Have you ever noticed the similarities between Rachel Maddow and little Ronny Reagan, Jr.?

    Summit, N.J. (75c9eb)

  64. Kman, that was pathetic. Strawman arguments about what Democratic policies are causing the economy to fail to recover. But I expected no less from you … or at least no more.

    Meanwhile, Obama continues job killing regulatory policies, classwarfare rhetoric and whines about symbolic spending cuts to defend the failing welfare state mentality of the parasite class.

    SPQR (9d548a)

  65. Hollow to blame Obama unless you want to point to any of his policies which actually created the 500 point drop.

    The drop is mainly because Wall Street thinks we’re heading into a double dip recession. You’re not aware of any Obama economic policies implemented in the last 2 1/2 years?

    Gerald A (9d78e8)

  66. The drop is mainly because Wall Street thinks we’re heading into a double dip recession. You’re not aware of any Obama economic policies implemented in the last 2 1/2 years?

    How much stock should we put into stock prices as being an economic indicator?

    The day after President Nixon announced the first peacetime wage and price controls, the Dow registered its largest daily gain to date.

    Michael Ejercito (64388b)

  67. Clarence Page also said on The McLaughlin Group that he has never listened to Rush Limbaugh.

    Didn’t we have someone here who claimed he knew what was in a book without reading it?
    He and Clarence must be psychic-brothers?

    AD-RtR/OS! (928bec)

  68. Comment by Summit, N.J. — 8/5/2011 @ 7:35 am

    Same lack of insight, but Ronnie has more charm.

    AD-RtR/OS! (928bec)

  69. Comment by Michael Ejercito — 8/5/2011 @ 7:51 am

    Since the market is a future indicator, in that case it was looking forward to a period of stability and profits – wrongly, as it found out.

    AD-RtR/OS! (928bec)

  70. #68 – They talk and look so much alike, too.
    They even have the same annoying mannerisms.
    Has anyone seen both of them together? Hmmmm

    (Forgive me Lord for having these thoughts.)

    Summit, N.J. (75c9eb)

  71. Democrats spent the entire year at the depths of the worst recession of our lifetimes in creating anew burden on business and an immense new regulatory burden on the health ins business … and Oman didn’t even notice.

    SPQR (9d548a)

  72. U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new borrowing room it earned in this week’s debt-limit increase deal.

    Comment by JD — 8/5/2011 @ 6:58 am

    Exactly. It’s sick, though, as one of the talking points is that they actually made a step in the right direction on debt reduction!

    If it was a step in that direction at all, why did they need to increase the debt ceiling by thousands of billions of dollars? Why do they say that will not be enough to last two years?

    But hey, why actually accomplish anything when you can just act like it’s too complex to understand, while saying you did your best and demonizing those who wanted to accomplish something? That’s the Obama doctrine.

    Dustin (b7410e)

  73. mister clarence page
    is young urkel gone to seed
    insipid smirker

    ColonelHaiku (d1f5ff)

  74. Noon: DJIA down 156…
    Hey Jay, when is the market going to – like, you know, go UP?

    AD-RtR/OS! (928bec)

  75. Democrats spent the entire year at the depths of the worst recession of our lifetimes in creating anew burden on business and an immense new regulatory burden on the health ins business … and Oman [sic] didn’t even notice.

    Most of the major healthcare regulatory “burdens”, which don’t kick in until 2014 by the way, were passed several months ago. Are you saying that the market just noticed them yesterday and tanked because of them? Bwwwaaa-ha-ha-ha-ha-ha!

    The drop is mainly because Wall Street thinks we’re heading into a double dip recession. You’re not aware of any Obama economic policies implemented in the last 2 1/2 years?

    Tell me which Obama policy is responsible for Wall Street suddenly thinking we’re heading into a double dip recession. Otherwise, if all you can do is bash me and/or make generic criticisms of Obama, I’ll assume that you don’t have an ACTUAL policy in mind, and this thread is just mindless Obama-bashing.

    Kman (5576bf)

  76. Hey, Kman. Many comments on your blog? Why not post us a link, and we can comment over there?

    Simon Jester (fd247c)

  77. Kmart/Mrs Doubtfire should get off his knees. Obarcky owns the train wreck he has made of the economy.

    JD (d56362)

  78. The most recent increase in debt (Wednesday) was just another straw on that camel’s back that was previously overloaded with ObamaCare and Frank’nDodd.
    The Market sees very little, if any, future economic growth and/or profits, and is reacting to those outlooks as they have always done – get out.

    AD-RtR/OS! (928bec)

  79. Oh, that’s right, JD. Kman doesn’t want to post his blog link because he doesn’t edit very well.

    That must be it.

    Simon Jester (fd247c)

  80. Kman is cribbing from Frum.

    Thinking about fisking the Frum piece this weekend.

    Karl (f07e38)

  81. Men get laid but Kman gets screwed.

    QuentinKrispy (d1f5ff)

  82. So…. if the stock market recovers that 500 and goes up, we can “credit” Obama?

    No, it couldn’t POSSIBLY work that way around here!!!

    Kman (5576bf)

  83. Yeah, Kman, all of the indicators show that Obama is doing a splendid job, and that he is receiving overwhelming support from everybody outside of the beltway and the msm. Say hello to Peter Pan, Tinkerbelle and Wendy for me.

    Summit, NJ (75c9eb)

  84. Kman, now you are lying about my comments. No surprise. I am referring to the flat economic growth and continuing unemployment, as you know but dishonestly ignore to make your lame shark.

    SPQR (9d548a)

  85. kmart will be all over this tremendous rally that the Market is experiencing.
    It is so strong, that the Market is only off 700 points for the week!

    Anyone know when Jay Carney will admit that, in addition to not being able to “create” jobs, the WH (govt) can’t “save” them either?

    And, isn’t it interesting that his “set a policy conducive to growth” is almost word-for-word the same thing that Sharon Angle said in a debate last year that she was excoriated for.

    AD-RtR/OS! (928bec)

  86. This is really severe market activity. We’re definitely headed for some hard times.

    That Obama is going to pay the political price is not much consolation for what this means for our families and countrymen.

    Dustin (b7410e)

  87. “Hollow to blame Obama…”

    Silly me, I thought the Dems had claimed that if they were allowed to steal hundreds of billions and give it to their corporate pals (and themselves) that somehow that would stimulate the economy into prosperity.

    Now, when unemployment stays up, and markets tumble, they act is if they had nothing to do with anything.

    Too freaking funny.

    Dave Surls (28f866)

  88. e-Trade Baby Loses Everything!

    http://www.youtube.com/watch?v=W4hfdaC7eL4

    ColonelHaiku (d1f5ff)

  89. “So…. if the stock market recovers that 500 and goes up, we can “credit” Obama”

    LOL. Sure, the Dems can temporarily and artifically increase market values by stealing trillions and giving it to corporate entities that produce nothing (like companies that are losing money). That’s exactly what they have been doing.

    But, it ain’t going to last unless there is real economic growth, which ain’t going to happen if the government keeps stealing trillions and spends it mainly on distributing said money to people who don’t produce.

    And, that’s the number one industry in America these days…the government taking money from winners and handing it over to losers.

    Dave Surls (28f866)

  90. Best explanation of the crash now, via zerohedge, is following Debt Ceiling charade and Italy beating Spain to the abyss is…everyone now realizes the ‘solutions’ aren’t going to work.

    Best advice I’ve seen is to hold quality commodities in volume like Single Malt, ammo, etc.

    gary gulrud (790d43)

  91. Karl

    Thinking about fisking the Frum piece this weekend.

    Well I’ve had occasion to read David Frum and you sir….

    Find something less tasking to occupy yourself with or prepare for a frustrating weekend.

    Spartacvs (e5cea6)

  92. Spartacvs has been blaming the GOP for the FAA fee reauthorization bill. The Senate just passed the bill it could have passed two weeks ago.

    So once again, we see that Spartacvs’ talking points are just completely dishonest.

    Spartacvs has no credibility … like Reid and Hoyer who had a press conference yesterday whining about the bad GOP “obstructionists” and then announced that they would pass the House bill.

    Neither Reid nor Hoyer enjoyed being called on their little dishonest stunt in the ensuing press conference. Spartacvs will pretend that he/she still has credibility but will fool no one.

    SPQR (26be8b)

  93. Boner agreed a mechanism with Reid to bypass Mica’s little stunt involving selective EAS funding. Did Boner agree offer the deal last week? No he didn’t.

    Keep it real SP

    Spartacvs (40e0a8)

  94. “a mechanism” that exists in current law, and could have been used at any time.
    Reid’s hissy fit, and Boxer’s objection to passing the bill via Unanimous Consent several days ago (another example of that), cost several thousand federal employees lost wages, and exposed them to the country, and their allies in the media, as the corrupt pols that they are who find the job only about them and their status.

    The bloom is off the rose, and the media is going to be asking more and more uncomfortable questions.

    Dr. Phil Jones (928bec)

  95. The bloom is off the rose, and the media is going to be asking more and more uncomfortable questions.

    Comment by Dr. Phil Jones — 8/5/2011 @ 2:05 pm

    Well, so far Jake Tapper asked one. Since they are vetting Rick Perry’s college transcripts you think they will vet Obama’s? I didn’t think so either.

    kansas (7b4374)

  96. It’s the Spending, Stupid!

    H/T- Hot Air…..

    S&P prepared to announce a down-grade of the U.S. Credit Rating to either AA+, or AA,
    THIS EVENING (ET).

    We are in the very best of hands.

    AD-RtR/OS! (928bec)

  97. S&P prepared to announce a down-grade of the U.S. Credit Rating to either AA+, or AA,

    Most likely because they don’t see any prospect of increased govt. revenues in the immediate future.

    Spartacvs (77e677)

  98. Find something less tasking to occupy yourself with or prepare for a frustrating weekend.

    Sounds like your last Comic-con visit.

    Another Chris (c04459)

  99. Spartacus sure showed you guys. If you would quit protecting wall street fat cats and Paris Hilton and just give more of your filthy lucre to the government, they could fix the deficits.

    Ron Brynaert (d56362)

  100. Spartacus can’t stick to one made up version of his story at a time. Democrats sure whine about losing their pork.

    Meanwhile, average length of unemployment hits record high of 40.4 weeks … 130 weeks into the worst presidency in history.

    SPQR (9d548a)

  101. I’ll agree Obumblefuck is the worst president in history if he bungles us into a war with Germany and Japan that gets 400,000 Americans and a million or so Filipinos killed, in addition to what he’s already “accomplished” (which is to trash the economy, like the wimp in a wheelchair also did).

    Right now, FDR beats him by a country mile.

    Dave Surls (28f866)

  102. You and spartac are dousches.

    DohBiden (d54602)

  103. Referring to Ron.

    DohBiden (d54602)

  104. Dave, if Obama had been president in 1941, you’d need a Japanese visa to go to Disneyland today.

    SPQR (26be8b)

  105. #104

    Don’t give him any ideas. Obambi is so dense, he might be able to get that done even without a world war.

    Dave Surls (28f866)

  106. Dave, the way things are going around here, I’d plan on getting a visa from the Mexican Embassy.

    AD-RtR/OS! (928bec)


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