Off-Topic: NEWS IS TOO GOOD FOR MM
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   NEWS IS TOO GOOD FOR MM
Date:   5/28/2013 4:44:11 PM

If the economy is improving it is in spite of SOTUS and not because of him.  That's why after almost four and a half years of miserable results he is so happy to report the smattering of good economic news whilst he blindly ignores all the bad news.  I particularly like his constant crowing about the stock market.  Wonder how the lower middle class and poor are feeling about that?  I know the spread between the poor and wealthy is up significantly under SOTUS which is why he is supported by the likes of Buffett and others......they know who really butters their bread and it isn't the GOP.

With regard to the housing recovery I do think SOTUS deserves partial credit.  He has overseen such a lousy, horrendous economy over the last four plus years that no one in their right mind would speculate on new housing developments and home prices had fallen so far under his watch that many current homeowners cannot afford to sell as they are underwater thereby decreasing inventory significantly.  Even with consistent demand, limited inventory will result in a firming up of prices which is finally taking hold.  And given the pathetic results over the last several years even a modest dollar increase in value represents a much higher percentage increase in home values which is why they want to focus on percentages and ignore totally the devastation to American's wealth index under this president.  

But GF doesn't know much if anything about economics so I don't expect him to be able to connect the dots and see that the current housing trend is a further indictment of his messiah.
Other messages in this thread:View Entire Thread
NEWS IS TOO GOOD FOR MM - GoneFishin - 5/25/2013 6:02:52 PM
     340,000 jobless claims?!?!? - MartiniMan - 5/25/2013 7:07:23 PM
     NEWS IS TOO GOOD FOR MM - Council Roc Doc - 5/28/2013 11:43:09 AM
          GET YOUR HEAD OUT OF THE SAND - GoneFishin - 5/28/2013 1:34:34 PM
               Is your caps lock stuck? - MartiniMan - 5/28/2013 2:43:54 PM
                    IS YOUR CAPS LOCK STUCK? - GoneFishin - 5/28/2013 3:11:06 PM
                         IS YOUR CAPS LOCK STUCK? - h_hob - 5/28/2013 3:16:28 PM
                         GFY please read all of this. Might strike a chord - h_hob - 5/28/2013 3:56:44 PM
                              Not likely - MartiniMan - 5/28/2013 8:05:06 PM
               GET YOUR HEAD OUT OF THE SAND - Council Roc Doc - 5/29/2013 11:46:19 AM
          NEWS IS TOO GOOD FOR MM - MartiniMan - 5/28/2013 4:44:11 PM



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