HAHAHAHAHAHA Funnny Joke: OBAMA JOKES ABOUT SLOW RECOVERY !!!!!

HAHAHAHAHAHAHAHAH SOOOOOOO FUNNYYYY I JUST WASTED ALMOST 1 TRILLION DOLLARS HAHAHAHAHAHA GOOD TIMES GOOD TIMES

$800 BILLION STIMULUS, OR BIGGEST BRIBE EVER PAID OUT IN WORLD HISTORY!!!!!!








Obama Jokes at Jobs Council: 'Shovel-Ready Was Not as Shovel-Ready as We Expected'


President Obama's Council on Jobs and Competitiveness met today in Durham, NC at Cree Inc., a company that manufactures energy-efficient LED lighting. One of the Council's recommendations to President Obama was to streamline the federal permit process for construction and infrastructure projects. It was explained to Obama that the permitting process can delay projects for "months to years ... and in many cases even cause projects to be abandoned ... I'm sure that when you implemented the Recovery Act your staff briefed you on many of these challenges." At this point, Obama smiled and interjected, "Shovel-ready was not as ... uh .. shovel-ready as we expected." The Council, led by GE's Jeffrey Immelt, erupted in laughter.


The Obama administration promised the Recovery Act ("the stimulus") would prevent the jobless rate from going over 8%. It now stands at 9.1%.



I SWEAR IF ONLY I COULD TYPE HOW I FEEL RIGHT NOW. good luck looking for a job guys, god knows you will need it with this boob in office.

[youtube]sVonk_OqEUU[/youtube]






like somone else said in another thread. fuck obama and the horse he road in on.

2012 is gonna humiliate him

Piece of trash that hates this country. Drudge report? lol

tryingtogrow89 said:

Piece of trash that hates this country. Drudge report? lol

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indeed



-------------------------------

ooooo i like your location, i think im on the same one

lol. yeah you must be, Watch out for Uncle Buck, he is a troll, and will get one your post trying to tell you how great Barry Sotaro aka barack obama is. lol

lol funny you should mention it,


it was actually put out specially for bait

lol then he will start yelling "nefarious kabal", and saying "Cool story, bro". Oh and he will point out your typos and also have no facts, but only opinions, and ask you to have the burden of proof, as he does not have to have that burden. Then when you post proof, he will say its not good enough. lol the guy is hopeless pathetic.

a smart man should see a shit wave coming from a mile away, and it wont be too long before everyone is covered in shit. then when the shit hits the fan it wont matter cuz everything is covered in shit already.


but an opitmist would say, "hey atleast we must be eating cuz where else would all this shit come from?"


good man

Yeah I used to live there too dude, I moved because that place was fucked, also because pot was illegal.

Oh and he says "if he cant read something in three minutes then you cant" and he truly believes his s.u.v is causing slightly hotter summers.lololol

Obama: My family would be fine with just 1 term...

Michelle: His work ethic is 'tireless', 'doesn't take a day off'...


VIDEO: President Heckled At Fundraiser...




PLAYS TO HALF-EMPTY HALL IN MIAMI

Be good be a democrat

theres lots of democrats in California.


Anybody bother to look at your balance sheets over there? lol

Or be a hater . Hate the poor, the mexicans, the muslums, the blacks, the gays, the teachers, the fire dep.....ext..ext...ext...nazi ass republicans...

lol


sounds like you got plenty of hate to work with buddy. good luck with that.


im an arab immigrant came from nothing,


you democracts are not for teachers, but for keeping shitty teachers on the dole and make them impossible to replace with goods ones. you are not for poor people you are for keeping poor people on the dole which prevents them from ever trying to succeed, why try when you are puttin food right in my mouth for nothing.


thats whats been keeping blacks down, all the welfare. you know the only minority who is worse off than blacks are the native americans, why you say?? because they recieve the most handouts as a minority than any others, second is black people. they keep them on the dole to hold them back and then the fools vote for the dems to so they keep throwing crumbs at them lol



the poor irish immigrants, the poor chinese immagrants, the poor jewish immigrant, arab immigrant and all the others. they had to pull themselves up by the boot straps and that is why they are where they are today.

the democrats have been holding the black man down for decades, and you follow them like fools


you have much to learn my son. but your ignorence is a disease that runs rampant, which will curse all of our children and grandchildren into enslavment.


Maybe you will finnaly see this when you grow old.

if you are already old, then its sad you cant see the truth

Big P said:

you democracts are not for teachers, but for keeping shitty teachers on the dole and make them impossible to replace with goods ones.

Click to expand...

words of fucking wisdom

I have boxes of rocks with mor brains ..big money spends more time than i care 2 to covering every inch of the world.. Including this website.. With Nazi propaganda

REPUBLICANS ARE AGAINST TEACHERS, GAYS, MUSLIMS, MEXICANS, BLACKS....THE POOR IN GENERAL THEY WORSHIP KING JAMES BIBLE ..KING JAMES ALSO WROTE Basilikon Doron
STATING THE KING IS PLACED BY GOD AND THE PEOPLE ARE SUBJECTS TO BE RULED AS ACORDING TO THE KINGS WILL......AKA BULLSHIT.....I AM FROM THE LAND OF THE FREE WERE EVERY MAN IS CREATED EQUAL ..AND DESERVES HEALTHCARE...OBOMACARE...SAVING THE WORLD.. ONE INBREED INDIVIDUAL AT A TIME

fallinghigh said:

I have boxes of rocks with mor brains ..big money spends more time than i care to covering every inch of the world.. Incluiding this website.. With nazi propiganda

Click to expand...

you do have a point i see your vision

US Housing Crisis Is Now Worse Than Great Depression



Published: Tuesday, 14 Jun 2011 | 12:04 PM ET


By: Jeff Cox
CNBC.com Staff Writer


It's official: The housing crisis that began in 2006 and has recently entered a double dip is now worse than the Great Depression.







Prices have fallen some 33 percent since the market began its collapse, greater than the 31 percent fall that began in the late 1920s and culminated in the early 1930s, according to Case-Shiller data.
The news comes as the Federal Reserve considers whether the economy has regained enough strength to stand on its own and as unemployment remains at a still-elevated 9.1 percent, throwing into question whether the recovery is real.
"The sharp fall in house prices in the first quarter provided further confirmation that this housing crash has been larger and faster than the one during the Great Depression," Paul Dales, senior economist at Capital Economics in Toronto, wrote in research for clients.

• 'Meddling' Hurt Housing: Ross

According to Case-Shiller, which provides the most closely followed housing industry data, prices dropped 1.9 percent in the first quarter, a move that the firm interpreted as a clear double dip in prices.
Moreover, Dales said prices likely have not completed their downturn.
"The only comfort is that the latest monthly data show that towards the end of the first quarter prices started to fall at a more modest rate," he said. "Nonetheless, prices are likely to fall by a further 3 percent this year, resulting in a 5 percent drop over the year as a whole."
Prices continue to tumble despite affordability, which by most conventional metrics is near historic highs.



The rate for a 30-year conventional mortgage is around 4.5 percent, just above the historic low of 4.2 percent in October 2010. The ratio measuring mortgage costs to renting is 7 percent below its norm, while the price-to-income ratio is 23 percent below its average, Dale said.
Yet other factors are constraining the market.
After the fallout from the subprime debacle, in which millions lost their homes when they defaulted on loans they could not afford, banks changed underwriting standards.
More than four in every five mortgages now require a down payment of 20 percent, and credit history standards have tightened. At the same time, foreclosures continue at a brisk pace, pushing more supply onto the market and pressuring prices downward.


Then there is the issue of underwater homeowners—those who owe more than their house is worth—representing another 23 percent of homeowners who cannot leave or are in danger of mortgage default.
Indeed, the foreclosure problem is unlikely to get any better with 4.5 million households either three payments late or in foreclosure proceedings. The historical average is 1 million, according to Dales' research.
The only bright spot Dales found, aside from the slowing in price drop in March, was some isolated strength in states such as Nevada, Michigan, South Dakota, Alaska and Iowa.