Republican Primary

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The Congressional Budget Office on Tuesday predicted the budget deficit will rise to $1.08 trillion in 2012.
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CBO also projected the jobless rate would rise to 8.9 percent by the end of 2012, and to 9.2 percent in 2013.
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These are much dimmer forecasts than in CBO’s last report in August, when the office projected a $973 billion deficit. The report reflects weaker corporate tax revenue and the extension for two months of the payroll tax holiday.
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A rising deficit and unemployment rate would hamper President Obama’s reelection effort, which in recent weeks has seemed to be on stronger footing.
thehill.com/blogs/on-the-money/budget/207603-cbo-budget-economy-worse-than-estimated
 
I’m writing in October Surprise …

The Wall Street Meltdown was a long time in the works:

Google " youtube maxine barney "

… and get lots of these clips:

hotair.com/archives/2008/09/29/video-democrats-insist-nothing-wrong-at-fannie-mae-freddie-mac-in-2004/

Video: Democrats insist “nothing wrong” at Fannie Mae, Freddie Mac

… so, what else might be in planning for October 2012?
Why don’t yogo back and look at whenthe Glass-Steagal Act was repealed by Lott and Delay, that’s where it really began.
 
Yes the one where democrats when they took over congress wrecked.
And then Obama made worse.
Agreed. The economy was doing well untill the demcorats took both the House and Senate in 2006. The very first thing Pelosi was going to do was take care of gas prices. Boy did she, gas went $2.30 a gallon to $3.47. Then when Bush went to congress and asked the democrats to act to stabalize the credit markets twice in August and in December 2007 but his call to action is rejected as democrats the crisis was being overblown by the Bush administration a is simply an act of opportunism.
 
I think Romney needs to up his game if he wants to have a chance in the general. Its notable that he came back after SC to win FL, but he is facing an undisciplined, disorganized and under-funded primary opponent who he is outspending 4 to 1. None of those will be true in the fall.

Also, the GOP candidates seem to have tacitly agreed to pretend that the Bush presidency never happened. That won’t fly in the fall either. Romney will have to be able to explain either 1) why his policies are different than Bush’s big goverment/big business pseudo-conservatism and/or 2) why the country should go down that road again. Maybe he has a plan for that, but it hasn’t shown up yet.
 
Ahhh…the one he made worse by not being able to work with a Republican congress?
Obama started with a democrat controlled House and filibuster proof democrat controlled Senate. Who exactly could he not work with? The democrat controlled Senate has spent the last year rejecting jobs bills and bills that would improve the economy handed to them from the House.
 
Agreed. The economy was doing well untill the demcorats took both the House and Senate in 2006. The very first thing Pelosi was going to do was take care of gas prices. Boy did she, gas went $2.30 a gallon to $3.47. Then when Bush went to congress and asked the democrats to act to stabalize the credit markets twice in August and in December 2007 but his call to action is rejected as democrats the crisis was being overblown by the Bush administration a is simply an act of opportunism.
Bush warned congress 17 times about the housing mess. He was called an idiot by Barney Frank and his boyfriend running FNMA.
I worked at a major bank at the time. They shut down their sub prime arm in 2005… Because of Bush’s warnings.

Always funny to me… Democrat President …its all congress’s fault. But when Bush had a Democrat congress… its all his fault.
Nancy Pelosi was saying 4% unemployment was a disaster… what happened when they took over congress… a real disaster.
 
Bush warned congress 17 times about the housing mess. He was called an idiot by Barney Frank and his boyfriend running FNMA.
I worked at a major bank at the time. They shut down their sub prime arm in 2005… Because of Bush’s warnings.

.
September 2008: Democrats in Congress forget their previous objections to GSE reforms, as Senator Dodd questions "why weren’t we doing more, why did we wait almost a year before there were any significant steps taken to try to deal with this problem?
 
If I lack fundamental understanding of Mitt’s words, apparently others do as well.

money.cnn.com/2012/02/01/news/economy/romney_poor/index.htm

So are you saying that only the Right REALLY knows what he was saying and that other sources such as CNN are failing to comprehend him? 🤷
The media twists words to suit their purpose. This quote has been taken out of context. Anyone who can read the entire quote can tell what he was saying.
 
If you arent willing to read the article you posted with his full statement then there is no point in responding to you.
What Romney Said:
“I’m in this race because I care about Americans, I’m not concerned about the very poor. We have a safety net there. If it needs repair, I’ll fix it.”
“I’m not concerned about the very rich, they’re doing just fine. I’m concerned about the very heart of the America, the 90, 95 percent of Americans who right now are struggling and I’ll continue to take that message across the nation.”
 
If you arent willing to read the article you posted with his full statement then there is no point in responding to you.
Oh stop it. I’ve read the article and I read Mitt’s attempted “clarification”. You are content with it. I am not, nor are many news outlets.

Of course Romney isn’t conserned about the poor. They aren’t his constituents. The poor won’t be voting for him and he knows that.

But don’t fret I’ll be here come Nov. to chat as you guys pout over the President’s re-election. I promise that!
 
Taken out of context. :rolleyes:

Romeny “It’s not good being poor”
Not concerned about the rich either…his point is: his main concern is for the middle that is being pummled by this economy… if they don’t get back on track, we won’t be able to help the poor anyway. Everyone will be poor with only a handful of rich to help out…the problem with socialism is that eventually, you run out of other people’s money.

Some people just don’t seem to grasp that.🤷
 
Oh stop it. I’ve read the article and I read Mitt’s attempted “clarification”. You are content with it. I am not, nor are many news outlets.

Of course Romney isn’t conserned about the poor. They aren’t his constituents. The poor won’t be voting for him and he knows that.

But don’t fret I’ll be here come Nov. to chat as you guys pout over the President’s re-election. I promise that!
What poor are you talking about? Michelle Obama says Barry has made so much progress on the economy there isn’t even a problem.
 
How can any good, faithful Catholic possibly support Obama and his mess?

How?

It makes zero sense.
 
I fear that I’ve been caught in a time/space warp and that in November I will have to choose to follow either the Czar or Lenin. 😦 (Do I really have to explain which is which?)

Newt may or may not be a changed man since the 1990’s. But politically, it doesn’t matter. The Obama machine will demolish him with his own history.

Vote Santorum before it’s too late!
 
Same old same old from these political topics in the Catholic forums.Nasty and hateful just like the present primary.Why so much hate from so called Christians.
It seems virtually impossible for most posters in the political forums in Catholic Answers to be charitable and respectful concerning the President of our country.
Let there be peace, Carlan
 
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