simple

Can you repeat that or clarify? Are you saying Obama ran up 14T in debt?

Cool.

Disappointed my employees and their families in 2002, another in 2005 and sold one (business) in 2009. Guess we all have a reason to blame someone. I blamed myself for not turning the curve soon enough. Now I hit the beach, tennis courts and tee box.

Please define recession. Can you seriously tell us what's expected during a 1 year 6 month recession; the list of large business failures were the worst in American history? Who could have done any better?

He was all reality, not virtual reality. Deep, you obviously do not know the characteristics of the recession. The motivation was the education.

Read the article fisher.

Overwhelmed with your heaping open-mind to the Republic. It's bigger than you realize.

Outdoor speech makes little sense. Actually surprised you guys weren't talking about what a dumb idea. "This does not appear to indicate a Major storm event - Republicans would take umbrellas and attend anyway - that's what folks do at football games." Always competition isn't it? Well - more like always the opposite. Not Right or Wrong just polar.

Fall.

Brilliant.

Mmm.... Kind of weird Deep.

Thanks - agree with about all except first and last paragraphs. I agree, government doesn't seem to run anything perfectly well. Healthcare, according to the CBO is near the same cost. Reports have been blown out or proportion... we know how that can be. See my earlier post. I think any national health plan may be considered foreign because it's "foreign" to the U.S. It's new to most of us, all except for Massachusetts. Thanks for the reply!

Dig a little deeper and read the CBO report or follow the link below for a summary. Read the perspective from different contributors instead of the spin doctors. Sometimes spins are lies. The Spin Conservatives quickly jumped on the new CBO report, falsely claiming it said the cost estimates were now double what the CBO originally estimated. House Republican Policy Committee Chairman Tom Price of Georgia put out a press release saying that “[t]he new CBO projection estimates that the law will cost $1.76 trillion over 10 years – well above the $940 billion Democrats originally claimed.” A Fox News article repeated the Republican criticisms and said that the CBO had found the law would cost “twice as much as the original $900 billion price tag.” Another Fox version carried the headline, “ ‘Obamacare’ to Cost Twice as Much as Previously Estimated, According to New CBO Report.” And the conservative news outlet Newsmax ran a headline saying, “Obamacare’s Gross Costs Double to $1.76 Trillion, CBO Projects.” An Internet search turns up many conservative blog reports making a similar costs-have-doubled claim. But the law’s costs haven’t doubled, and CBO didn’t say they did. That claim results from an inappropriate apples-to-grapefruit comparison. The original gross cost estimate – at $938 billion over 10 years – was for 2010-2019. CBO’s latest $1.76 trillion estimate is for 11 years, ending in 2022. http://www.factcheck.org/2012/03/health-care-costs-didnt-double/

If there's a really large storm tomorrow what would everyone think?

I don't agree that your values are so much different than the President's. I have a high respect for your values as you have demonstrated, on DV, a genuine perspective further than others. His actions have been for the citizens and there's absolutely no way possible to please everyone. Moral decisions are always personal preferences. Remember he ran on institutionalizing healthcare. If you initially disagreed with national healthcare; then you may never have been onboard with his ideology! How can you not accept the pre-existing years/administration policies that led into a recession? Can you not believe that the recession hampers or change governing of an administration? Delays at the least! If you list everything that was broken; that had to be dealt with simultaneously, you may wonder how anyone could have stood their ground. There certainly would have been scrutiny.

I'm not sure these categorically fit under colorful lies. This list do not totally sum up family struggles as a child or college years. Matter of priorities.

2002 - 2008, under Bush’s watch and as Republicans controlled the House 1997 to 2005. In March 2007, a bill was forge to regulate Fannie Mae and Freddie Mac. The bill passed the House in May, with all 223 Democrats voting for it, and 103 Republicans voting against it. President Bush later signed that legislation into law. Later in 2007, legislation was introduced to restrict (regulations) subprime mortgages. The bill passed the Financial Services Committee and the House, but it did not pass the Senate, where because of the filibuster rule, the Republican minority actually does have the power to hobble the majority. The bill passed the full House with all 227 Democrats and 64 Republicans voting for it, and 127 Republicans voting against. The House, unlike the Senate is ruled by simple majority. Delay controlled the agenda and Bush 43 was in the White House. Frank could have set himself on fire and still had absolutely zero effect on any Republican attempts to legislate new regulations or create regulatory reform. This is all under the conversation of the characteristics of the late 2000's recession. It was clearly the fault of both parties. I think the main point is the president had a heavy burden to recover from a recession.

Very rare characteristics of a First Lady!

Thanks GP! Same here!

Satirical night.

You acknowledge the recession. BTW: Omitted Gingrich as an advisor, Congress and I suppose you should include the President. The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date. Read more:

Late-2000s recession; Dec 2007 – June 2009; Length of Recession 1 year 6 months; Unemployment Peaked 10.0% (October 2009); GDP −5.1% Charactertistics: The subprime mortgage crisis led to the collapse of the United States housing bubble. Falling housing-related assets contributed to a global financial crisis, even as oil and food prices soared. The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers and AIG, as well as a crisis in the automobile industry. The government responded with an unprecedented $700 billion bank bailout and $787 billion fiscal stimulus package. The National Bureau of Economic Research declared the end of this recession over a year after the end date. http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States

Thanks Granny.... you've made the case perfectly. The WSJ article also reads .... The increase in recent years is likely due in large part to the lingering effects of the recession. As of early 2011, 15% of people lived in a household that received food stamps, 26% had someone enrolled in Medicaid and 2% had a member receiving unemployment benefits. What will be interesting to know is the numbers since early 2011.

More than one-fifth of Americans (21.8 percent) defined as dependent for the purposes of this Index may or may not be sufficiently high to trigger this concern. Though, this percentage jumps to 29.5 percent when federal and state employees are included. In 1962, the sum of these two categories (Index participants and government employees) stood at 33.6 million, 18 percent of the total population. This total grew to 91.2 million (29.5 percent of the total population) by the end of 2010, an increase of 163 percent.

Nevertheless, by reading the table, stress in the economics of the U.S. were running rampant. Job losses and company closings peaked (9.7) due to the policies and economic downturn in the U.S. and worldwide, before unemployment started downward (8.3). Jun 1, 2012 8.20% Obama in Office Jan 1, 2012 8.30% " Jan 1, 2011 9.00% " Jan 1, 2010 9.70% " Jan 1, 2009 7.70% Obama in Office Jan 1, 2008 5.00% Bush in Office, Bush policies; economic disaster Phase one on 9 August 2007 began with the seizure in the banking system precipitated by BNP Paribas announcing that it was ceasing activity in three hedge funds that specialised in US mortgage debt. This was the moment it became clear that there were tens of trillions of dollars worth of dodgy derivatives swilling round which were worth a lot less than the bankers had previously imagined. Nobody knew how big the losses were or how great the exposure of individual banks actually was, so trust evaporated overnight and banks stopped doing business with each other. It took a year for the financial crisis to come to a head but it did so on 15 September 2008 when the US government allowed the investment bank Lehman Brothers to go bankrupt. Up to that point, it had been assumed that governments would always step in to bail out any bank that got into serious trouble: the US had done so by finding a buyer for Bear Stearns while the UK had nationalised Northern Rock. When Lehman Brothers went down, the notion that all banks were "too big to fail" no longer held true, with the result that every bank was deemed to be risky. Within a month, the threat of a domino effect through the global financial system forced western governments to inject vast sums of capital into their banks to prevent them collapsing. The banks were rescued in the nick of time, but it was too late to prevent the global economy from going into freefall. Credit flows to the private sector were choked off at the same time as consumer and business confidence collapsed. All this came after a period when high oil prices had persuaded central banks that the priority was to keep interest rates high as a bulwark against inflation rather than to cut them in anticipation of the financial crisis spreading to the real economy. The winter of 2008-09 saw co-ordinated action by the newly formed G20 group of developed and developing nations in an attempt to prevent recession turning into a slump.