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I posted this yesterday because the state run media isn't, it's not the 'stock market' I wanted folks to see the Economist tell explain what he talked about with Congress

US Stocks See Late Sell-off as Bank Optimism Fades[(Former)Fed: US Economy 'Pretty Bad' Video]
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1 posted on 10/22/2009 3:27:11 AM PDT by Son House
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To: Son House

Former Federal Reserve vice chairman Alan Blinder says GDP is growing but jobs are ‘still shrinking’. Some topics:
Greater fiscal responsibility

Limiting what could be a worse economic out come

Persuade people things are getting better

Absolutely horrendous long term fiscal out look

Modest increase in the deficit targeted very strongly on Job creation

Mindful of long run deficit problem

Long run commitment to greater fiscal responsibility while still trying to alleviate the Jobs Problem


2 posted on 10/22/2009 3:27:49 AM PDT by Son House (OcarterCare by Congress will make all Americans = Wards of the State)
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To: All

If you read the original post you’ll see it is even their own Democrat leaning economist telling Congress what a mess their tax and spend policies are

http://www.newsmax.com/insidecover/pelosi_stimulus_economics/2009/10/19/273920.html

Of the other economists presented by Pelosi as being an ideologically diverse group, all are friendly to liberal economic policies. Alan Blinder of Princeton, for instance, was made Federal Reserve Board vice chairman by President Clinton after serving on his Council of Economic Advisers, and Blinder advised both the Al Gore and John Kerry presidential campaigns.


4 posted on 10/22/2009 3:33:47 AM PDT by Son House (OcarterCare by Congress will make all Americans = Wards of the State)
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To: Son House

“Blue Dogs” as rated (2008) by the National Taxpayer’s Union:

Altmire, Jason (PA-04) Rating: F
Arcuri, Mike (NY-24) Rating: F
Baca, Joe (CA-43) Rating: F
Barrow, John (GA-12) Rating: D
Berry, Marion (AR-01) Rating: F
Bishop, Sanford (GA-02) Rating: F
Boren, Dan (OK-02) Rating: F
Boswell, Leonard (IA-03) Rating: F
Boyd, Allen (FL-02) Rating: F
Bright, Bobby (AL-02) Rating: None
Cardoza, Dennis (CA-18) Rating: F
Carney, Christopher (PA-10) Rating: F
Chandler, Ben (KY-06) Rating: F
Childers, Travis (MS-01) Rating: D
Cooper, Jim (TN-05) Rating: D
Costa, Jim (CA-20) Rating: Rating F
Cuellar, Henry (TX-28) Rating: F
Dahlkemper, Kathy (PA-03) Rating: None
Davis, Lincoln (TN-04) Rating: F
Donnelly, Joe (IN-02) Rating: F
Ellsworth, Brad (IN-08) Rating: F
Giffords, Gabrielle (AZ-08) Rating: F
Gordon, Bart (TN-06) Rating: F
Griffith, Parker (AL-05) Rating: None
Harman, Jane (CA-36) Rating: F
Herseth Sandlin, Stephanie (SD) Rating: F
Hill, Baron (IN-09) Rating: F
Holden, Tim (PA-17) Rating: F
Kratovil, Jr., Frank (MD-01) Rating: None
McIntyre, Mike (NC-07) Rating: D
Marshall, Jim (GA-03) Rating: F
Matheson, Jim (UT-02) Rating: C-
Melancon, Charlie (LA-03) Rating: F
Michaud, Mike (ME-02) Rating: F
Minnick, Walt (ID-01) Rating: None
Mitchell, Harry (AZ-05) Rating: D
Moore, Dennis (KS-03) Rating: F
Murphy, Patrick (PA-08) Rating: F
Nye, Glenn (VA-02) Rating: None
Peterson, Collin (MN-07) Rating: F
Pomeroy, Earl (ND) Rating: F
Ross, Mike (AR-04) Rating: F
Salazar, John (CO-03) Rating: F
Sanchez, Loretta (CA-47) Rating: F
Schiff, Adam (CA-29) Rating: F
Scott, David (GA-13) Rating: F
Shuler, Heath (NC-11) Rating: D
Space, Zack (OH-18) Rating: F
Tanner, John (TN-08) Rating: F
Taylor, Gene (MS-04) Rating: D
Thompson, Mike (CA-01) Rating: F
Wilson, Charles (OH-06) Rating: F

Congratulations to Jim Matheson of Utah, he leads the Blue Dog pack with a C-.


5 posted on 10/22/2009 3:34:29 AM PDT by Fresh Wind ("Prosperity is just around the corner." Herbert Hoover, 1932)
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To: Son House

These people are stark, raving mad.


6 posted on 10/22/2009 3:54:14 AM PDT by bustinchops (Teddy ("The Hiccup") Kennedy - the original water-boarder)
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To: Son House

The “blue dogs” will vote for it, they always seem to


9 posted on 10/22/2009 4:05:03 AM PDT by GeronL (http://tyrannysentinel.blogspot.com)
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To: Son House

They keep calling it a jobless recovery. They should start calling it a recovery-less recovery.


12 posted on 10/22/2009 4:20:28 AM PDT by mikeandike
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