Obama warns Cantor: 'Don't call my bluff' in debt-ceiling talks


The Repubs know the economy is getting ready to turn. They wanna stop that from happening. The housing foreclosure is down by 30%, the auto industry is making a come back, the stock market is getting better, people are spending a little more, some jobs are returning. The problem is the want it instant now folks and the lost souls who just don't wanna see the light folks.
 



Obama should have been like this with these fools from Day #1 they came to Washington with that "Tea Party" hardline mess. They would rather take the country down the crapper because of some lunitic pledge they have signed with the frindge right than help do something to turn shat around.

To Obama.
BOUT TIME YOU GREW SOME NUTTS and seperated yourself from the truely meek, spineless, DEMOS that are too scared to take a stand and pi$$ someone off every now and then. :smh:
 
CEE DOG said:
The Repubs know the economy is getting ready to turn. They wanna stop that from happening. The housing foreclosure is down by 30%, the auto industry is making a come back, the stock market is getting better, people are spending a little more, some jobs are returning. The problem is the want it instant now folks and the lost souls who just don't wanna see the light folks.
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I agree with everything but the housing market. I don't think it is done falling yet.
 
jstate83 said:
Obama should have been like this with these fools from Day #1 they came to Washington with that "Tea Party" hardline mess. They would rather take the country down the crapper because of some lunitic pledge they have signed with the frindge right than help do something to turn shat around.

To Obama.
BOUT TIME YOU GREW SOME NUTTS and seperated yourself from the truely meek, spineless, DEMOS that are too scared to take a stand and pi$$ someone off every now and then. :smh:
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I still disgusted with both parties and think all of this posturing is nothing but smoke and mirrors intended to mislead the majority of Americans who can't think for themselves.

Concerning Obama, although I disagree with his policy, I do think that it's good to see him stand his ground. There's only so much bowing and kowtowing a man can do especially in the face of the evil that is Republicans.
 
jsupop33 said:
I agree with everything but the housing market. I don't think it is done falling yet.
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Bruh SUJagfan was telling you guy the truth about the housing market. My friends are getting paid in this market. As a matter of fact, one of my boys has bought 4 house i the last three months.
 
SUJagFan said:
I still disgusted with both parties and think all of this posturing is nothing but smoke and mirrors intended to mislead the majority of Americans who can't think for themselves.

Concerning Obama, although I disagree with his policy, I do think that it's good to see him stand his ground. There's only so much bowing and kowtowing a man can do especially in the face of the evil that is Republicans.
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Yep............100% with you on that. :tup:
But someone had to stand up and say enough.

I get sick of both sides catering to a narrow sliver of lunitics while all the rest have to sit back and take whatever comes. I would not back anyone that backs themselves into a corner by signing these assinine pledges conjured up by these lunitic "special interest" political groups.

Yo azz is sent to Washington to serve ALL the people. Not the abortionist, no tax - more tax people, religious right or tolorant religious left (gay issues). politicians are sent there to serve the best interest of all the people. Not to dig their heels in because of some garbage pledge while people are struggling.
 
SUJagFan said:
Okay, Pop. I thought you had some fundamental insight that I was missing.
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Na, I just don't see a big surge coming until people gain a little more confidence in the job market. One reason rental prices are skyrocketing. I watched 2 br prices in my neighborhood shoot from $1900 to $2400 in less than 10 months.
 
CEE DOG said:
As a matter of fact, one of my boys has bought 4 house i the last three months.
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I wanna get into that. There is an abandoned fixer-upper around the corner from my house that I REALLY wanna buy and has the "for sale" sign out front. It has so much potential. I keep looking at it everytime I'm on my way home.
 
:nod:

The rental market is hot because bank mortgages are tough to qualify for. People still need a place to live. Even those who have been foreclosed on and may have lost a job. Still need a place to live. Especially if they have children.

:)
 



SUJagFan said:
:nod:

The rental market is hot because bank mortgages are tough to qualify for. People still need a place to live. Even those who have been foreclosed on and may have lost a job. Still need a place to live. Especially if they have children.

:)
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This ties back into what I was saying. For 80% of the country right now, the housing market sucks. For about 10-15%, they are making a killing. It also depends on the job market in your area. There are some places in this country right now that you can buy nice, 4 bedroom houses in quiet/safe neighborhoods for less than 70k.
 
Can't blame him for what he did. These little patchwork and band aids will only do so much before we find ourselves back in this situation again. If we can fix this problem for the long term, why are folks so focused on the short term? That's dumb as rocks to me. I guess the Republicans are trying to find talking points for the next election. But IMO, anyone with a semblance of sense wouldn't go with this Republican (i don't even know if I can call it that) frame of mind.

:confused:

Just don't call that man's bluff...
 
Obama has no balls or vision - these people do not want a deal - they want to remove him from office and gain power. They only care about power.

http://news.yahoo.com/gop-adds-constitutional-amendment-budget-fight-190757159.html

WASHINGTON (AP) — Congressional Republicans are rallying behind a long-shot bid for a constitutional amendment requiring a balanced budget. But they're divided over conservatives' efforts to demand its passage as their price for backing any increase in the government's borrowing limit.


Right in the middle of their brawl with President Barack Obama over extending the debt ceiling and hacking trillions from projected deficits, GOP leaders are forcing House and Senate debates next week over similar amendments requiring the budget to be balanced, starting no sooner than five years from now. Reflecting tea party clout, both measures would also sharply curb Congress' ability to raise taxes and spending.

Constitutional amendments require two-thirds majorities to clear each chamber of Congress, meaning it will be difficult for the GOP to prevail. Republicans hope the debate will highlight their commitment to smaller government and — with polls showing public backing for a budget-balancing amendment — provide fodder to embarrass opponents in next year's elections.
 
Olde Hornet said:
Obama has no balls or vision - these people do not want a deal - they want to remove him from office and gain power. They only care about power.
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Who are they going to throw out to face Obama? Not Rick Perry-he couldn't win Texas after the mess he caused to all of us in education. It was HIS tax cuts in 2006 that caused the screwing up of our budget.
 
skyvolt2000 said:
Who are they going to throw out to face Obama? Not Rick Perry-he couldn't win Texas after the mess he caused to all of us in education. It was HIS tax cuts in 2006 that caused the screwing up of our budget.
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Dont you listen - they say anybody but Obama.
 
Home prices will keep falling this year

A new report from Clear Capital shows that home prices have fallen 3.2% so far this year and are projected to fall another 2.4% in the second half of 2011.

As usual, the picture varies by location. While some markets, such as Detroit, saw major price declines this year, some cities, such as those in hard-hit areas of Florida and California, saw increases or small declines.

Five U.S. markets are expected to show higher prices in the second half of the year: Washington, D.C., New York, Orlando, Dallas and San Francisco.

"At the mid-point of the year, it’s promising to see the overall market shake off the string of declines observed since late last year, especially in light of significant challenges for the industry," Alex Villacorta, director of research and analytics at Clear Capital, said in a news release. "However, we have yet to see the burst in consumer demand to avoid posting a net loss in national prices for the year."

Rest story
 
Re: Home prices will keep falling this year

Blacknbengal said:
A new report from Clear Capital shows that home prices have fallen 3.2% so far this year and are projected to fall another 2.4% in the second half of 2011.

As usual, the picture varies by location. While some markets, such as Detroit, saw major price declines this year, some cities, such as those in hard-hit areas of Florida and California, saw increases or small declines.

Five U.S. markets are expected to show higher prices in the second half of the year: Washington, D.C., New York, Orlando, Dallas and San Francisco.

"At the mid-point of the year, it’s promising to see the overall market shake off the string of declines observed since late last year, especially in light of significant challenges for the industry," Alex Villacorta, director of research and analytics at Clear Capital, said in a news release. "However, we have yet to see the burst in consumer demand to avoid posting a net loss in national prices for the year."

Rest story
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Yeah man, the market is bad and no one is talking about it.
 
Re: Home prices will keep falling this year

:smh:

Real estate markets are local. You don't buy the whole real estate market. You buy one house, on one street in one neighborhood. I don't care what the market is like in California, Michigan or Florida. The most important thing affecting the value of my house is the value of similar houses in my neighborhood and particularly ON MY STREET! The "real estate market" varies from neighborhood to neighborhood in the same city. It can even vary from street to street.

Furthermore, with the abundance of distressed sellers and foreclosures out there, it's possible to buy a house for 70 cents on the dollar. For example, if a house would normally be worth 100K and I can buy it for 70K, do you really think I give a crap about a 2.4% decline in the market nationwide? Especially if I could throw 5K or 10K into it and put it right back on the market for 100K - 110K?

Generalized statements like "the market is bad" are simplistic and ignore the fact that there are opportunities available in abundance in this market for home buyers or investors. Just do the appropriate research and buy it right.

:(

The important thing is to do the proper research and choose a good house in a good location.
 
Re: Home prices will keep falling this year

Desperate times call for desperate measures.

LOL @ balancing the budget.

I hope Obama isn't dumb enough to cater to the demands of these Republican people. They have shown repeatedly that they are not interested in working as a cohesive unit with the Democrats. They are doing whatever they can to slow Obama's progress, get him out of office, and get them back into the white house. I promise if McCain were in Obama's shoes right now, the Republicans would not be talking about balancing no budget, and we'd really get to see how they are so interested in "limiting government".

But it's evident that if Obama yields, we are really done. The Republicans have NO interest in raising the debt ceiling anyway...so they figure they may as well try and get a deal out of the whole thing. And even if they WERE TO get what they wanted, it's still no guarantee they would go for raising the ceiling. Right now, I applaud Obama for at least sticking to his guns on this issue.

Don't get me wrong, I'm all for living within our means. But when you are talking about not being able to pay your bills, the bill collector won't care if you and your spouse disagree on what to do with the money...as long as they get theirs...if you know what I mean.
 
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