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Jessie Jackson says O's bailouts are
Posted: Apr 20, 2010
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No date, no source, no context, no dice. - Incomplete, inaccurate deceptive statement to boot
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No surprise there. What Jackson said back in September 2009 (7 months ago) was that the bailout had not produced any jobs. He did not mention Obama (a presmptious addition by the newspaper in the headline) in his statement and did not specify WHICH bailout he was referring to...Bush 1 (ESA), Bush 2 (TARP) or Obama's ARRA.
He also said that the nation has had a "transfusion" with the Wall Street bailout (ARRA).
Oh what a tangled web we weave when first we practice to deceive.
You tell me who was sitting in the office when he spoke - about jobs not being produced...sm
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you just can't stand it....that's all.
WHile I am certainly no fan of Jessie Jackson and his 2-faced self, even he knows all this money spending is a waste of money. You know who he was talking about; you just can't choke the truth down.
I think that onus is on the original nm drive-by poster - at the head of the thread...
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who failed to provide a source, date or context. I would be happy to direct you to the multiple articles I consulted before posting, but more to the point, I have provided hard data for your convenience below in "the value of hindsight" post relative to precisely how OBAMA's ASSA legislation has positively impacted the jobs situation. After all, the proof is in the pudding, isn't it? That's a truth you will have to choke down yourself.
PS. We still don't know WHICH bailout Jackson was referring to, do we now, except for the precise reference to the Wall Street bailout that Jackson said "transfused" the economy. That would be the one (ASSA) Obama described as the act that made him hold his nose when he was signing it.
Whatever the case, we can see reality from the hard data from the BLS.
PPS. What I can't stand is to see drive-by shooters providing inaccurate info that goes unchallenged. I have corrected that situation to my satisfaction. Choke down a little crow with those BLS facts, while you're at it.
Hard to swallow that pill? See post below on facts... - facts...gasp! NM
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NM
The value of hindsight. Here is what has transpired - since Sept 2009....
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In terms of monthly net change index based on employment, hours, and earnings from September 2009 through March 2010:
Sept -225
Oct -224
Nov + 64
Dec -109
Jan + 14
Feb - 14
Mar +162
I think a little perspective is in order. Here are the numbers for the same index for the period Septmber 2008 to March 2009
Sept -458
Oct -554
Nov -728
Dec -673
Jan -779
Feb -726
Mar -753
In the intevening months (April 2009 through August 2009) after the ARRA was passed, please note precipitous improvement:
Apr -528
May -387
June -515
July -346
Aug -212
Numbers don't lie. March 2010 numbers are the highest they have been since March 2007.
http://data.bls.gov/PDQ/servlet/SurveyOutputServlet
Facts don't interest those folks....they just don't - get it..... NM
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xx
Oh, I know that, but I will keep on posting them anyway. - n the hopes that they may
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help others who ARE interested facts face down other future BS-infested posts they may encounter in the blogosphere as the days wear on toward November.
Really? - mt2
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Who in their right mind listens to anything Jessie Jackson says?
Those of us whose memories still capture the image of the - 8-inch radial Afro and
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handlebar stache he sported during his civil rights hey-day, who happen to think that 45 years of hanging out in politics translates into valuable political capital. Please review the intervening posts that tend to debunk the statement in the original post if you feel so inclined.
mt2 I totally agree. He is such a racist! - Who cares what he thinks? NM
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Funny how that racist thing is good for anyone when - it serves your purpose....nm
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