Name:	lucky67 -	Reply
Subject:	FED RATE HIKE
Date:	12/17/2015 3:38:34 PM

this silly conversation dominated the markets for over half the year; raise//dont raise ?? well 2 days in on the HUGE 1/4% uppance & mortgage rates, for all you doomsayers, are still the same; i still contend this economy is very fragile, and any dramatic rise in mortgage rates will shut the buyers down--they cant afford it--still too much consumer debt

Name:	MartiniMan -	Reply
Subject:	No surprise there
Date:	12/17/2015 4:03:49 PM

As I was told by our banker the general belief is that this small rate increase was already baked into the stock market.  Had they raised it 50 basis points or more it may have had some impact.  All the Fed is trying to do is build in some cushion so they have something they can do when the next recession hits.  Of course it doesn't give them much of a weapon in the event of another slowdown.  Such is life when you have such a pathetic recovery as we have seen over the last 7 plus years.  Hard to store food for the winter when all you can get is enough to keep from starving to death today.  Had this been a normal recovery the Fed's base rate would be between 3% and 4% which would have given them some available stimulative tools when the slowdown occurs.  No chance of that happening with Obama and Hillary economics.

We needed a real recovery with real improved employment, real increases in wages, real GDP growth, etc.  Instead we have gotten the new normal, which is pathetic economic performance and 10%+ unemployment.  I suppose the good news, in a warped sort of way, is that if the GOP wins the White House in 2016  the govt media complex and Democrats (but I repeat myself) will suddenly find the current economic performance to be unacceptable and will trot out the usual suspects telling us how bad it is.  And of course the next recession will not be dear leader's fault despite them having not only blamed Bush for the last one but still blame him for the pathetic recovery.  Hypocrisy is a key attribute of the left overhsadowed only by their economic and foreign policy illiteracy.

Name:	GoneFishin -	Reply
Subject:	No surprise there
Date:	12/17/2015 4:24:22 PM

Bush and the right wing nuts took us to war and then nearly destroyed the economy. And, that will not change if the GOP wins in 2016. The Right is not to be trusted.

Name:	MartiniMan -	Reply
Subject:	You are truly stuck on stupid
Date:	12/17/2015 4:53:34 PM (updated 12/17/2015 4:56:00 PM)

This has been answered defintively so many times that I have to assume you are either grossly ignorant, willfully dishonest, mentally ill or some combination thereof.  There are no other explanations.  After 7 years you are still blaming Bush........you need serious mental health treatment. Sheesh........

Name:	GoneFishin -	Reply
Subject:	Yea Right...read it again
Date:	12/17/2015 7:44:44 PM

What did I post that was untrue? Did Bush take us to war???  Did the recession start under Bush???? Now big boy, tell me which is an untrue statement?

Name:	MartiniMan -	Reply
Subject:	Basic fallacy
Date:	12/17/2015 9:30:46 PM

Goofy, you should take a class in logic because your ability to find a common fallacy is incredible.  You see Goofy correlation is not causation.  War does not cause recessions nor did Bush.  I am not going to educate you again on this because you are impervious to facts, logic and reason.  

Name:	wix -	Reply
Subject:	Goofbutt
Date:	12/17/2015 9:33:43 PM

Since you insist in living in past decades let's go back to 1980, after four years of your favorite president of all.  Jimmy "Peanut Brain" Carter (Dimokrap) sheparded our country into Fed Discount rates of 14% and Fed Funds Rate of 20%.  Now ain't that some wonderful history for you??  Get in the right decade.  o-BAMMIE has proven to be a miserable failure at every single thing he has tried to accomplish except destroying this country, and he has excelled wonderfully at the destruction.  MM is correct in both posts above.

Name:	MartiniMan -	Reply
Subject:	Goofbutt
Date:	12/17/2015 9:44:22 PM

For left wing nuts time began and ended with W's presidency. They have BDS.  

Name:	GoneFishin -	Reply
Subject:	READ..............................
Date:	12/17/2015 11:25:44 PM

Your puppet WIX is correct. We all know interest rates skyrocketed under Carter just as we all know that Bush took us to war and the recession started while Bush was president. I did not suggest that war causes recession. You need to learn to read and not jump to conclusions.  It ain't that difficult. Or, maybe for you it is.

Name:	MartiniMan -	Reply
Subject:	Understand..........
Date:	12/18/2015 9:39:45 AM

The recession began while Bush was president but it was caused mostly by Democrats and their distortion of the housing market.  Here's a simple test for you, tell me exactly what policy or program that Bush created that caused the recession and how it did so.  I will wait because there are none.  And please, please, please tell us the tax cuts did it.  I will be waiting anxiously for you to tell us how letting Americans keep more of their hard earned money causes a recession.

Once again GF, you have committed the correlation and causation fallacy.........do you need me to explain that one to you?  Answer my question with facts, logic and reason....no emotion allowed.  I am waiting for this one.  It will be like shooting fish in a barrel.....and be specific.  I can make a long list from the peanut farmer president and dear leader.  Let's see what you can come up with.......

Name:	architect -	Reply
Subject:	I don't understand....
Date:	12/18/2015 10:27:02 AM

a couple of months ago His Arrogance MM posted that the Fed's failure to up the interest rate was proof that the economy sucked...now he is posting that the Fed's rate increase proves the economy sucks.  I guess only a guy as smart as MM can be right regardless!

Name:	wix -	Reply
Subject:	I don't understand Archidiot.....
Date:	12/18/2015 3:41:45 PM

Read the other day that o-BAMMIE's Fed was going to raise the rate from 0% just so when the economy tanks, as is predicted soon, the Fed will have at least a tidbit to offer to save o-BAMMIE.  1/4% Wow....they don't have a lot to offer....hey they can go -5% and just give money away for free....wait, they already do that.....GEEZ....

Name:	MartiniMan -	Reply
Subject:	Chirp.......chirp......chirp......
Date:	12/18/2015 5:35:11 PM

Surley you can at least find one left wing nut site with some half baked theories that you could copy and paste..........

Name:	GoneFishin -	Reply
Subject:	Chirp.......chirp......chirp......
Date:	12/18/2015 5:50:39 PM

Is business that slow under Obama's recovery or are you just bored? My staff is researching your request.

Name:	MartiniMan -	Reply
Subject:	Don't change the subject
Date:	12/18/2015 9:17:16 PM

I am waiting for a specific action taken by President George W. Bush that caused the recession and how it did so.  That was your claim. Back it up.  Take your Ritalin and focus GF.  This isn't hard.  Just answer the question if you can. And back it up with facts, logic and reason.  The crickets are still chirping........

Name:	GoneFishin -	Reply
Subject:	Don't change the subject
Date:	12/19/2015 11:57:36 AM

Bush put  incompetent people in high positions who did not fully understand the complexity of the financial sytems they were responsible to regulate and the financial industry took advantage and  were  reckless. Yes, the recession began under Bush just like you blame Obama for the "weak recovery".  

Name:	MartiniMan -	Reply
Subject:	That is it?!?!?!?!?
Date:	12/19/2015 8:52:16 PM

So did they do something or not do something that caused the recession?  I asked for a specific policy that caused the recession. And you came up with nothing.  When you come up with something credible and can explain it I will be happy to provide a litany of reasons why Obama caused this pathetic recovery.  They will be specific and come with explanations. It will be easy.  But you have to come up with at least one thing Bush did before I blast you into oblivion. Otherwise stop your senseless yammering about Bush's recession.  He was no more the cause than you were.  Hint GF, when in a hole step one is to stop digging. Take step one and run away.  It will be obvious but much less humiliating for you.

Name:	lakngulf -	Reply
Subject:	That is it?!?!?!?!?
Date:	12/20/2015 10:47:23 AM

I was disappointed in his reply too. 

Name:	lucky67 -	Reply
Subject:	That is it?!?!?!?!?
Date:	12/20/2015 12:38:41 PM

cant believe my simple comment about fed rake hike created this wild thread !!

Name:	au67 -	Reply
Subject:	Edited
Date:	12/20/2015 5:50:00 PM

Most of the threads start off on the straight and narrow, but then take a "left turn" into the ditch.

Name:	MartiniMan -	Reply
Subject:	Simple fact
Date:	12/21/2015 8:28:58 AM

The reason he could not provide a specific example is because Bush did absolutely nothing to cause the recession.  it was most likely a cyclical slowdown that was made much, much worse by the long-term distortion of the housing markets caused by Fannie/Freddie/CRA. Plenty of book sand articles that documented this fact but i doubt he or the other left wing nuts actually read them.  For years the GOP trued to rein in these out of control programs only to be called racists, etc. by Dems in the House and Senate.  Even the blame placed on the banks was misdirected given the coercion of the CRA forcing them to make loans to people who were one paycheck away from default.

The closest he could probably come is the expansion of the prescription drug program but that was paid by deficit spending and the money went to drug companies anyway.  The majpr adverse imapct of that program is the amount of money wasted by the federal government in administering it, but that is moot when it is paid with borrowed money.  i was actually hoping he could come up with something so i could provide a litany of specific actions and programs by dear leader that caused this recovery to be so pathetic.  Heck, even Bernie Sanders is saying real unemployment is over 10%.  That it takes a socialist to speak the truth is about as ironic as it gets and a testament to the idiocy of the mdoern Democrat party.