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Reply #32: OK, here's the reply I sent. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
caduceus111 Donating Member (85 posts) Send PM | Profile | Ignore Wed Apr-16-08 03:35 AM
Response to Reply #28
32. OK, here's the reply I sent.
Thanks everyone for the ideas. I lifted a few of your comments, and added a few of my own. Links provided in text for substantiation:

My response to this drivel is in blue below. I say let's play a different game, looking back to January 20, 2001, and try to stick to the facts, not assumptions of causality.


Subject: In just one year

In just one year . Remember the election in 2006?

Thought you might like to read the following:

A little over one year ago:

1) Consumer confidence stood at a 2 1/2 year high;

Seven years ago, prior to Bush entering office consumer confidence was at an all-time high.


2) Regular gasoline sold for $2.19 a gallon;


Seven years ago, gasoline sold for $1.64 a gallon;


3) The unemployment rate was 4.5%.


Seven years ago, the unemployment rate was 4.0%.


Since voting in a Democratic Congress in 2006 we have seen:

1) Consumer confidence plummet;

Which pales in comparison to the plummet since Bush entered office.


2) The cost of regular gasoline soar to over $3.50 a gallon;


"...high gas prices are the sign of a failed presidency.." - DICK Cheney, 1998.

Gas prices have fluctuated month to month, but have almost steadily increased since 2001, primarily due to the failure of a sound energy policy for the past 7 years, and the crashing value of the dollar.


3) Unemployment is up to 5% (a 10% increase);

Which has averaged 5.2% since Bush entered office (and was 6.3% in 2003).

4) American households have seen $2.3 trillion in equity value evaporate

(stock and mutual fund losses);

Stock Market:
Dow.....January 14, 2000: 11,722
Dow.......April 12, 2008: 12,325
That's a net gain of 603 points in 7 years. Sounds great!

But.... Taking inflation into account....
$11,722 in year 2000 dollars are now worth $13,725 dollars due to inflation. If you equate a share with a dollar, the Dow has lost approximately $1,400 (13,725 - 12,325 = 1,400), or 10%, when adjusted for inflation. (And remember... the government measure of Inflation doesn't even include food or fuel!) Pay no attention to the man behind the curtain!


5) Americans have seen their home equity drop by $1.2 trillion dollars;

On January 20, 2001, 1 Euro cost 92 cents, Oil was $27 a barrel, and Gold was $267.
Today, 1 Euro costs $1.58. Oil is $112 a barrel, gasoline is $3.50 a gallon, and Gold is $925.

It's the President who declares war using borrowed foreign money while at the same time cutting taxes that has run up the deficit and made your dollar worthless. Do you think YOU'D be wealthy if you bought everything on credit, and didn't generate any income?



6) 1% of American homes are in foreclosure.

Wow, 99% of homeowners paid their mortgage on time! Seriously, foreclosures have increased fairly steadily since 2005 on. Do you think all those with defaulted mortgages in 2007 owned their homes for only a few months? The new Congress opened in January 2007. See #2, 3, 4, and 5 for the reasons why people can't keep their homes after the disastrous fiscal policies of GW Bush for the past 7 years.

America voted for change in 2006, and we got it!

http://en.wikipedia.org/wiki/Cum_hoc_ergo_propter_hoc">Cum hoc ergo propter hoc. That means "correlation does not imply causation." Biggest logical fallacy of them all. Like saying, "with a decrease in the number of pirates we have seen an increase in global warming over the same time period. Therefore, global warming is caused by a lack of pirates."

America voted for change in 2006, and we got it!

Thankfully Bush and his policies are so popular these days with the American people, we can rest assured that America won't be asking for change again!



Remember it's Congress that makes law not the President. He has to work with
what's handed to him.

I'm speechless. Was this written by an eight year old? Somebody needs a civics lesson.

A liberal is a person who will give away everything they don't own.

Liberals believe compassion is a virtue and greed a weakness - Neocons have it the other way around.

=caduceus=
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