Comments on: Government Agency Predicts Economic Uptick

Congressional Budget Office Says Stimulus Bill, Interest Rate Drop, Will Boost Economy

[trillion1]

Right under this story is one saying Fed Chief saying outlook is bleak. Can''t anyone in this goverment get their stories straight?

[trillion1]

Noticed the best retort the bushbots can come up with now are insults. Guess thats all they have left since they can''t find a single good thing bush has done for America.

[strunke]

joyous88- wow, you have no idea what you are talking about do you? Go back to your Kool-Aid is getting warm.

[joyous88]

THE ECONONMIC SURGE IS WORKING! YEA!!

PROBABLY ABOUT AS GOOD AS THE OTHER FAKE SURGE;

AND WAY BETTER THAN OUR ''FAKE'' PRESIDENT

[mcv57]

If the Africa campaign is not a success, the G7 financial senario will force the U.S. into bankrupcy.

[mcv57]

This chapter in American Economy should be labeled in history books: "How Many Ways to Copulate $10 Trillion Dollar Debt." Everyone should read: "The New Golden Age" by Ravi Batra, PhD Economics.

Bushman''s new business empire conquest - Africa.

[jerkeedoodle]

Help me out here,I need an "economic uptick." I''ve been appointed the selling agent for the Brooklyn Bridge.If you believe the story above,please contact me.I can get you in on the ground floor of one heck of an investment!

[brucebessell]

The government caused the problem through their intervention.

So, they are going to intervene again and fix it?

These are politicians who know nothing of even the business of government. All they know is how to get elected and hold office.

They are the problem, not the solution.

[trillion1]

I noticed the neocons avoid commenting on any story they can''t try to spin in their favor.

[olebd]

On the bright side, the nation''s obesity problem will quickly be eliminated as more and more people can''t afford the skyrocketing price of food.

[olebd]

Uptick? More like upchuck!

[jjp735i]

A government agency predicted Iraq had WMD. How can we trust anything a Bush run agency puts out?

[anonbene]

I hate the word, uptick.

[watcher269-2009]

Government Agency Predicts Economic Uptick


TOO BAD IT IS NOT FOR THE UNITED STATES!

[mcvet]

Putting yet another bandaid on the "Trickle Down" house of cards is NOT going to solve the problem. All that does, if successful, is delay the collaspe. The most basic problem and will remain the problem is simply that all that money that has been thrown at the Wealthy over the last 3 decades is GONE! It did NOT "Trickle" down to you or me. It was NOT put back into the American Economy. It was used to invest in OTHER nation''s and used to move MILLIONS of good paying jobs to OTHER nations. Now add to that the COST of Bush''s War, the cost of that enormous debt, the credit crunch and there you have it. The House of Cards built by George W. Bush!

[watcher269-2009]

Predatory lending was widely understood to present a looming national crisis. This threat was so clear that as New York attorney general, joined with colleagues in the other 49 states in attempting to fill the void left by the federal government. Individually, and together, state attorneys general of both parties brought litigation or entered into settlements with many subprime lenders that were engaged in predatory lending practices. Several state legislatures,
enacted laws aimed at curbing such practices.

Not only did the Bush administration do nothing to protect consumers, it embarked on an aggressive and unprecedented campaign to prevent states from protecting their residents from the very problems to which the federal government was turning a blind eye.

The administration accomplished this feat through an obscure federal agency called the Office of the Comptroller of the Currency (OCC). The OCC has been in existence since the Civil War. Its mission is to ensure the fiscal soundness of national banks. For 140 years, the OCC examined the books of national banks to make sure they were balanced, an important but uncontroversial function. But a few years ago, for the first time in its history, the OCC was used as a tool against consumers. In 2003, during the height of the predatory lending crisis, the OCC invoked a clause from the 1863 National Bank Act to issue formal opinions preempting all state predatory lending laws, thereby rendering them inoperative.

[gedeon9999]

The Govt is got to be joking. I'',m sorry folks but with 1 million more homes whose rate is adjsuting and another 1 million homes in 2009 I would say we are in deep trouble

[mediapreachr]

Economic "uptick"?What kind of Gov.Agency is this-maybe from the dept.of hot air-ROFLMAO.
I "predict" that if they will hire me,I can do that better and even cheaper than any yesman.

[gce65]

An UPTICK? This administration is an upTICK on my nutsack! They''ve driven a good economy into the ground with their stupid war and tax cuts for the rich.

[brianbwb-2009]

the first two tag lines under the "business section;

* Government Agency Predicts Economic Uptick | Comments21
* Fed Chief: Outlook Bleak, More Cuts Likely | Comments174

One of these stories is a blatant lie, I say it is the "government agency".

To singinrick, I can explain both whimper and bang;

Whimper: the $1.5 trillion of debt that your war criminal hero Bush sold to the Chinese, will diminish in value as the US economy continues to collapse, and the Fed cuts rates, in a futile effort to "kick the dying horse". The Chinese, being very concerned about all things money, and demonstrating a herd mentality akin to the US'' tendency towards "war fever", will dump the debt on the open market to cut their losses, further devaluing the dollar until it reaches the point where OPEC, moving to protect the value of its'' oil, switches to the Euro as the currency of payment. The US$ then becomes worthless paper within two to six months.

Bang: If John McCain is elected, Mr. "bomb Iran", fulfilling your oft demonstrated desire to commit genocide against Muslims, launches a military strike against Iran, the Iranians in retaliation, choke off the flow of oil through the Hormuz, almost instantly driving oil prices above $150 per barrel, pushing the dollar rapidly past the point where the Chinese and OPEC are forced to simultaneously act to protect their own economies, as described above. Twelve hours later, the US dollar is confetti.