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Obama prevented a depression.


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2012 Sep 13, 3:07am   39,914 views  69 comments

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http://content.usatoday.com/communities/theoval/post/2011/11/obama-we-prevented-another-great-depression/1#.UFIRXI1mTyA

We were able to prevent America from going into a Great Depression," the president said last night during a fundraiser at a supporter's home in Washington. "We were able to, after a series of quarterly GDP reports that were the worst that we've seen since the Great Depression, reverse it and get the economy to grow again," Obama said. "We've seen 20 straight months of consecutive job growth." Republican presidential candidates note that unemployment has gone up under Obama and sits at 9%. Whoever wins the GOP presidential nomination will probably argue that Obama's spending programs and business regulations block...

#politics

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61   leo707   2012 Sep 20, 6:42am  

SoftShell says

For a singular event, I agree.
But three separate events?? ( 3 distinct people not paying on their mortgage )

an·ec·do·tal
adjective
1. pertaining to, resembling, or containing anecdotes: an anecdotal history of jazz.
2. (of the treatment of subject matter in representational art) pertaining to the relationship of figures or to the arrangement of elements in a scene so as to emphasize the story content of a subject. Compare narrative ( def. 6 ) .
3. based on personal observation, case study reports, or random investigations rather than systematic scientific evaluation: anecdotal evidence.

an·ec·dote
noun, plural an·ec·dotes or, for 2, an·ec·do·ta [an-ik-doh-tuh]
1. a short account of a particular incident or event, especially of an interesting or amusing nature.
2. a short, obscure historical or biographical account.

Three separate anecdotes do not turn it into a "viable" data set. Think of it this way...if you ever are supporting an idea and your data only includes yourself and/or people you know then it is all anecdotal evidence.

62   Politicofact   2012 Sep 20, 8:43am  

Call it Crazy says

Just make sure you redistribute the wealth you gain from the sale like Obama wants you to.

BULLSHIT, it's the Republicans that are redirecting upwards on an unprecedented scale over the last 30yrs. Some balance is now required. Enough of the TRICKLE LIES.

Enough is enough.

and as for Obama you far right so-called conservatives can thank him now.

"corporate profits have surged an average of 51.8% under Obama, the best out of any stretch of party control since 1933, S&P said. Profits increased at 12.5% per year in Clinton’s White House and 14.2% under Bush.

63   marcus   2012 Sep 20, 2:22pm  

Somebody needs to call a fowl.

64   marcus   2012 Sep 21, 12:01am  

dunnross says

However, the cost of new housing is much much lower than the price of a house. It takes 2 construction workers with a 5th grade education, 3 months to build an average house, for which a phd family works 30 years to pay it off. If you want to see what a fundamental cost of a house is, go to Detroit, where the median price of a house in the city is now $6,000. In 1982, the median was $47,000.

exaggerate much ?

65   dunnross   2012 Sep 21, 12:04am  

One more thing. What do you think is a fundamental cost of printing a one hundred dollar bill? My guess it's probably less than one cent. Gold and Silver is currency. Gold and Silver is hoarded by most central banks as currency is proof that it's currency. Why hasn't the price of $100 bill dropped to its fundamental level of 1c, but you think the price of silver will?

66   dunnross   2012 Sep 21, 12:05am  

marcus says

exaggerate much ?

No. Which part do you feel is an exaggeration?

67   freak80   2012 Sep 21, 12:52am  

Dunnross,

I think it's time to turn off the Peter Schiff, don't you?

68   dunnross   2012 Sep 21, 1:14am  

freak80 says

I think it's time to turn off the Peter Schiff, don't you?

Why? Only because you don't like what I am saying. The truth hurts, doesn't it?

69   freak80   2012 Sep 21, 2:28am  

dunnross says

Why? Only because you don't like what I am saying. The truth hurts, doesn't it?

lol. Do you and Darrell hang out together much?

You two should get together and start a hedge fund.

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