Upcoming Foreclosures

It has been a year, when will Obama's programs start helping the economy?

Unemployment continues to stay agonizingly high! Unemployment claims raise an "unexpected" 11,000 this week to 440,000! http://finance.yahoo.com/news/Retail-sales-fall-apf-1551827594.html?x=0 Forclosures remain terribly high! foreclosures up again in December, Record high foreclosures for 2009 http://apnews.myway.com/article/20100114/D9D7AN7O0.html Retail sales fall in the critical sales month of December, sales well below the pace of sales in 2007. http://finance.yahoo.com/news/December-retail-sales-drop-03-apf-3350007934.html?x=0&.v=9 Now the government wants to punish banks even those that have paid back TARP funds with INTEREST! http://apnews.myway.com/article/20100114/D9D7FIMG0.html And who is going to get punished by this tax on banks? Would it be people who barrow from banks through higher interest rates or people who save with banks through lower savings interest rates or bankers? Is Obama and his advisers just morons or are they trying to consciously damage the economy

Public Comments

1. Never, and yes it appears they are consciously damaging the economy. I don't think I've ever seen a president more inept than 0bama, Carter comes very close but 0bama has him beat! I just love the liberals who respond with YAWN, or Thanks for the 2 points shows they still haven't learned how to respond to facts!
2. I have come to the conclusion that Obama and his cronies are deliberately trying to bring the US to ruin.
3. YAWN
4. They already are. Turn off FOX news then you'll know how and when.
5. I'm a small government person myself, but I gotta admit that after bush, I'm just glad we HAVE an economy to fix.
6. I think this is the answer your looking for http://www.youtube.com/watch?v=vXGhvoekY44
7. er... you're bias shows in your comparison... you're comparing retail sales to 2007? why? why not before he took office? OH THAT'S RIGHT... because they would prove you wrong... haha there are some things that are doing well... some that aren't... last I checked consumer confidence is up, from when he was elected... stock market is up from when he was elected... retail sales UP SINCE HE WAS ELECTED...
8. Okay, First of all, as much as I respect Obama as a politician (Being better than all of them in the UK) He's NOT superhuman, he can't just come into office and create peace on earth, like everyone seemed to expect, for reasons I cannot explain. It will take years, hopefully he'll have another term in office, it's a slow and gradual process, and depends on the rest of the world, more specifically, it depends on what actions the IMF decide to take to get the significant countries in world trade, out of this sticky mess we're all stuck in together.
9. Believe me I am not a fan of the majority of policies enacted under Obama but you can't use the current bad economy as proof his recovery plan didn't work. You don't know how things would have turned out had he done nothing, it could have been worse. I don't personally believe that and I think it was important to let a few banks and possibly GM fail, but I can't prove that cause that is not what happened.
10. The "redistribution of wealth" requires an unstable economy (the "crisis factor") for it to take effect... that's why Social Progressives advocate bringing us all down to the same "level playing field" instead of building us all up: they must tear down the institutions of old to rebuild it in their perceived image. This is why they can hail "compromises" with the union in a health care insurance "reform" bill no one, except the Progressives, want and this is merely to promote their "legacy" while LYING openly that there will be "no new taxes" ala Bush, Sr. I quote: "... the impact of the Senate-passed measure. Under its terms, family policies with combined premiums higher than $23,000 would be subject to a tax. Official estimates by the Congressional Budget Office say the result would be consumers opting for less expensive plans to avoid paying the tax. That, in turn, would reduce the amount of money they could claim as a tax deduction, and in the end raise their income taxes." Mmm-mmm-mmm... end quote.
11. 0bama is a socialist. Socialism hurts the economy.
12. How was building a tunnel for turtles under an interstate in Florida ever going to help the economy? How was giving money to Acorn going to help the economy? It will never help the economy, it just repaid political cronies for helping him get elected. Just like the healthcare bill would not improve healthcare, it will raise our cost and ruin the best healthcare in the world.