Originally posted by Clovis
The guy who last week said "The fundamentals of our economy are strong"
by fundamentals, he meant the work ethic of regular americans who grind out 40+ hours a week, NOT the broken economic system as a whole
Sep-25-2008 01:00
Capitalizt
Supreme tranceaddict
Registered: Feb 2005
Location: USA
quote:
Originally posted by The17sss
by fundamentals, he meant the work ethic of regular americans who grind out 40+ hours a week, NOT the broken economic system as a whole
No..the dumbass meant fundamentals in the traditional sense (business strength, economic growth, profitability, etc). Then when the shit hit the fan, the market crashed 900 points in 2 days, and we spent $1 trillion+ to bail out AIG and all of the banks, he invents a "new" definition for fundamentals that nobody on the planet has ever heard before.
Since when has anyone referred to "economic fundamentals" as "the work ethic of people who work 40 hour weeks"?
lol
This senile old fart is stuck defending 8 years of Bushonomics so he is inventing new definitions on the spot to make him sound less like a fool for supporting the failed regime.
Sep-25-2008 01:05
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
quote:
Originally posted by The17sss
by fundamentals, he meant the work ethic of regular americans who grind out 40+ hours a week, NOT the broken economic system as a whole
if you actually bought that BS i gave you more credit than you deserve. Work ethic has never been a component of the 'fundamentals of the economy'. Economic growth, low unemployment, low inflation, etc... are the fundamentals of the economy to which everyone refers.
Sep-25-2008 01:12
josh4
Supreme tranceaddict
Registered: Dec 2003
Location: New York City
I wonder how McCain plans to prevent this move from being interpreted as panic. If Obama shows up for the debate and McCain's podium is empty, it will be interesting to see how voters interpret that.
This move by McCain, while calculated or not, will come down to how voters interpret it. Even if justified, there is a possibility voters will see it as McCain not having a grasp on things and going into a panic.
quote:
Polls Show Obama Edge on Economy
By Jon Cohen
Beneath the sturm und drang about today's horse race numbers lies a more ominous indicator for John McCain: Across this week's polls, he trails Barack Obama on core economic questions. Here's a quick rundown:
Obama +24 on better understands the economic problems people in this country are having (Post-ABC).
Obama +14 on trust to handle the economy (Post-ABC).
Obama +14 on better ideas for strengthening the nation's economy
(LAT-Bloomberg).
Obama +13 on fixing problems with major financial institutions (Post-ABC).
Obama +12 on better on improving the economy (WSJ-NBC).
Obama +12 on better job handling this financial crisis next year (LAT-Bloomberg).
Obama +12 on better handling the economy (CNN).
Obama +12 on best address the problems investment banks and companies with
ties to the housing market (McClatchy).
Obama +10 on trust to handle the economy (Fox).
Obama +10 on trust to handle the major economic problems currently facing the
country (Fox).
Obama +8 on better on the mortgage and housing crisis (WSJ-NBC).
Obama +8 on stronger on the economy (McClatchy).
Obama +6 on would do best job handling economy (Hotline).
Obama +5 on better dealing with the Wall Street financial crisis (WSJ-NBC).
Obama +3 on would display good judgment in an economic crisis (CNN). http://voices.washingtonpost.com/th...e_on_econo.html
I surely don't want a president that cracks under pressure.
Sep-25-2008 01:23
Capitalizt
Supreme tranceaddict
Registered: Feb 2005
Location: USA
Letterman talks about this tonight..
Starts around 3:15
Last edited by Capitalizt on Sep-25-2008 at 01:32
Sep-25-2008 01:27
The17sss
C.R.E.A.M.
Registered: May 2008
Location: Charlotte, NC
quote:
Originally posted by jerZ07002
if you actually bought that BS i gave you more credit than you deserve. Work ethic has never been a component of the 'fundamentals of the economy'. Economic growth, low unemployment, low inflation, etc... are the fundamentals of the economy to which everyone refers.
I don't know man.. both candidates have so many things they say taken out of context and over analyzed, sometimes I just want to take them at their word and not read into shit too much. Not to say that's always the accurate thing to do....
Sep-25-2008 01:30
shaolin_Z
Hei Hu Quan
Registered: Nov 2004
Location: Austin, Texas, USA: TXTA #102
What's he doing there? Doodling on a blank piece of paper? Or learning how to read?
___________________
"The Greatest enemy of knowledge is not ignorance, it is the illusion of knowledge."-Stephen Hawking
"First they came for the communists, and I did not speak out— because I was not a communist;
Then they came for the socialists, and I did not speak out— because I was not a socialist;
Then they came for the trade unionists, and I did not speak out— because I was not a trade unionist;
Then they came for the Jews, and I did not speak out— because I was not a Jew;
Then they came for me— and there was no one left to speak out for me." -Martin Niemöller
Sep-25-2008 01:41
josh4
Supreme tranceaddict
Registered: Dec 2003
Location: New York City
quote:
Originally posted by Capitalizt
Letterman talks about this tonight..
Starts around 3:15
Damn! That was brutal. Personal note: Never cancel on Dave Letterman!
Sep-25-2008 01:51
LazFX
Supreme tranceaddict
Registered: Aug 2004
Location: 9th Circle
quote:
Originally posted by The17sss
by fundamentals, he meant the work ethic of regular americans who grind out 40+ hours a week, NOT the broken economic system as a whole
Oh for christ's sake man! are you really falling for that??
really??
he was not talking about the worker and YOU FUCKING KNOW THAT!! he back peddled really great a few days later, but come on...
Sep-25-2008 01:52
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
quote:
Originally posted by The17sss
I don't know man.. both candidates have so many things they say taken out of context and over analyzed, sometimes I just want to take them at their word and not read into shit too much. Not to say that's always the accurate thing to do....
Let's just do a simple analysis. Fundamentals is plural. The work ethic of americans is singular. Fundamentals of the economy is a broad term used to describe components of the economy. If he was only referring to one component why would he have made fundamentals plural?
I won't argue that they are over-analyzed, but this was just a ridiculous comment that has only one interpretation.
Sep-25-2008 02:11
Arbiter
Naked Power Organ
Registered: May 2002
Location:
So the guy who doesn't "know much about economics" is going to drop his campaign and rush to the capitol to fix an economic crisis? Great; we're saved.
Sep-25-2008 02:44
jerZ07002
Supreme tranceaddict
Registered: Dec 2006
Location:
after reading more articles on the issue, i rescind my previous statement. this seems like a huge stunt by mccain. contrary to what republican senators are saying about the mccain suspension, i see nothing the man could possibly bring to the table. there are serious businessmen with top wall street pedigree negotiating a solution. McCains bottom of the class education from the naval academy and 20+ year senate career doesn't exactly give him any particular insight into solving tough economic decisions. in my opinion obama is correct that this is the most appropriate time for americans to hear exactly what the candidates are offering. Letterman also made a compelling point questioning why palin wasn't running the show in mccain's absence. this is looking extremely dubious.