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Reply #47: I don't believe that "Obama must fail" [View All]

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MercutioATC Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-15-09 10:49 AM
Response to Reply #43
47. I don't believe that "Obama must fail"
I believe that Obama's current plan WILL fail.

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  -First-time homebuyers leading market back Swede  Nov-15-09 09:27 AM   #0 
  - Yep, the housing market "recovery" is completely based on a short-term government giveaway.  MercutioATC   Nov-15-09 09:29 AM   #1 
  - Not completely - I personally know two middle-aged people who just bought their first homes before..  slackmaster   Nov-15-09 09:32 AM   #2 
  - Absolutely correct. The market is so bad that 42% of existing home sales are previous foreclosures  MercutioATC   Nov-15-09 09:35 AM   #3 
     - I see that as both good and bad  slackmaster   Nov-15-09 09:52 AM   #11 
  - It's called stimulus and it's working  jpak   Nov-15-09 09:35 AM   #4 
     - M'kay  MercutioATC   Nov-15-09 09:42 AM   #5 
     - And for every dollar spent on programs like these that is one less dollar for wars ...  NNN0LHI   Nov-15-09 09:45 AM   #6 
     - Ouch!  jpak   Nov-15-09 09:48 AM   #8 
     - Are you insane?  MercutioATC   Nov-15-09 09:49 AM   #10 
        - I must inform you, that in Obama's first budget, he put the  shraby   Nov-15-09 10:03 AM   #19 
     - M'kay  jpak   Nov-15-09 09:47 AM   #7 
     - People are saying to Obama "do something" when he does,  Swede   Nov-15-09 09:49 AM   #9 
        - I think people expect Obama to do something intelligent when they say "Do something".  MercutioATC   Nov-15-09 09:52 AM   #12 
        - Palin 2012! You betcha!!11  jpak   Nov-15-09 09:56 AM   #14 
           - If your only perceived options are Obama and Palin in 2012, you DO need help.  MercutioATC   Nov-15-09 09:59 AM   #15 
              - LOL!!!!1111  jpak   Nov-15-09 10:03 AM   #18 
                 - Obama, Palin and Nader  NNN0LHI   Nov-15-09 10:07 AM   #22 
                 - or Romney and Ron Paul  jpak   Nov-15-09 10:08 AM   #24 
                 - With the society we've got, I was thinking Oprah and whoever won American Idol that year.  MercutioATC   Nov-15-09 10:23 AM   #32 
                 - At this point? Throw as much money as you can into REAL stimulus.  MercutioATC   Nov-15-09 10:17 AM   #26 
                    - Umm that is part of Obama's ecomomic recovery plan. But his addresses many aspects of our economy  jpak   Nov-15-09 10:22 AM   #31 
                       - Ok. I'm gonna take it slow for you.  MercutioATC   Nov-15-09 10:27 AM   #33 
                          - GDP is now positive and growing - thanks to Obama  jpak   Nov-15-09 10:38 AM   #37 
                             - Dude, you're classic.  MercutioATC   Nov-15-09 10:59 AM   #53 
                                - Cherry pickin' DOOMer bullshit  jpak   Nov-15-09 11:19 AM   #57 
                                - P/E of 140. You just pulled that from your ass.  Statistical   Nov-15-09 12:18 PM   #59 
                                   - Sorry, 139.  MercutioATC   Nov-16-09 01:49 AM   #65 
        - Exactly - new home buyers buy stuff for their new house - big ticket stuff  jpak   Nov-15-09 09:55 AM   #13 
           - Where are they getting the money to buy these things?  MercutioATC   Nov-15-09 10:02 AM   #17 
              - if they get a refund on their home buyer tax credit, there's $$$$ for new stuff  jpak   Nov-15-09 10:05 AM   #20 
              - Yeah, but it's not real money.  MercutioATC   Nov-15-09 10:20 AM   #29 
                 - The Do-Nothing Approach = Great Depression  jpak   Nov-15-09 10:29 AM   #34 
                    - The Idiot Approach.= what we have now.  MercutioATC   Nov-15-09 10:41 AM   #41 
                       - The "Idiot Approach" is working. The first order of business was to stop the bleeding  jpak   Nov-15-09 10:52 AM   #50 
                          - Most economists oppose the housing credit.  girl gone mad   Nov-15-09 03:00 PM   #60 
              - Smart ones will wait until they have money to completely furnish the house  SoCalDem   Nov-15-09 03:18 PM   #62 
     - Actually the programs have addressed the actual  shraby   Nov-15-09 10:01 AM   #16 
     - stop making sense  jpak   Nov-15-09 10:07 AM   #21 
        - You must be a realtor, jpak.  Robb   Nov-15-09 10:19 AM   #28 
           - No, jpak is a true believer.  MercutioATC   Nov-15-09 10:34 AM   #36 
           - Dude, *I'M* a groupie!  Robb   Nov-15-09 10:39 AM   #38 
           - So you're really NOT a "groupie" on this issue.  MercutioATC   Nov-15-09 10:45 AM   #45 
           - It's just pushing the problem out, IMO.  Robb   Nov-15-09 10:54 AM   #51 
              - I agree with that.  MercutioATC   Nov-15-09 11:00 AM   #54 
                 - Nope. But as jpak pointed out, GDP went up.  Robb   Nov-15-09 11:12 AM   #56 
           - You are under the impression that banks are making loans to people that can't afford their new home  jpak   Nov-15-09 10:48 AM   #46 
              - Actually, there is quite a bit of truth to that notion...  girl gone mad   Nov-15-09 03:18 PM   #61 
           - what a stupid post  jpak   Nov-15-09 10:39 AM   #40 
              - I am awed by your riposte. nt  Robb   Nov-15-09 10:50 AM   #48 
           - No - just responding the Obama Must Fail BS  jpak   Nov-15-09 10:44 AM   #43 
              - I don't believe that "Obama must fail"  MercutioATC   Nov-15-09 10:49 AM   #47 
                 - Ummm...what was GDP before Obama's stimulus package and what is is now?  jpak   Nov-15-09 10:55 AM   #52 
     - True for cars & clunkers, but for the real estate market...  rucky   Nov-15-09 10:18 AM   #27 
     - Sounds more like The Realtors Commissions Support Act at work to me.  RB TexLa   Nov-15-09 10:08 AM   #23 
        - Sounds like the American Recovery and Reinvestment Act of 2009 to me  jpak   Nov-15-09 10:12 AM   #25 
           - You have already said that, in fact it is the same thing to which I was replying  RB TexLa   Nov-15-09 10:22 AM   #30 
           - Hope you are getting well paid for this  Starry Messenger   Nov-15-09 10:42 AM   #42 
              - You found me out! What a smartie you are!!1111  jpak   Nov-15-09 10:45 AM   #44 
                 - That's all they got. Accuse you of being a paid troll.  Ikonoklast   Nov-15-09 03:26 PM   #64 
  - Real estate industry weasel numbers.  Greyhound   Nov-15-09 10:31 AM   #35 
  - Oh joy! A new Housing Bubble!! Buy Now!! Get 'em while their hot!!  Tierra_y_Libertad   Nov-15-09 10:39 AM   #39 
  - Um no. what actually got us into this mess...  tjwash   Nov-15-09 10:51 AM   #49 
     - Or, red-baiting apologists for a failed trickle-down "recovery".  Tierra_y_Libertad   Nov-15-09 11:01 AM   #55 
  - The real gimmick is that the first-time homebuyer can use the $8000 as the down payment  FarCenter   Nov-15-09 11:35 AM   #58 
  - Don't even bother. The world is ending, everything is fucked, and don't try to tell 'em otherwise.  Warren DeMontague   Nov-15-09 03:20 PM   #63 

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