Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Bush Administration's Media Manipulation--MediaGate? -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (5137)	9/20/2005 6:22:57 PM
From: American Spirit	Read Replies (1) \| Respond to of 9838

Black unemployment is way up under Bush, particularly for young black males, so is poverty. While good jobs with health care coverage are way down. Health, energy and education costs have soared. This hits the most vulnerable Americans the most. The "home ownership" you are talking about sounds like a very good thing, and can be, but sadly, poorer borrowers get the worst rates and may soon be losing their homes as the housing bubble bursts. So what you are really talking about is poor blacks putting everything they have into homes they can't afford, only to lose them to Bush's pals, the banks. There are hundreds of thousands of ARM only adjustable loans with low downpayments. Those are the people who are going to lose soon. Also, Bush was definitely helped by Greenspan's outrageously low interest rates. Going down to 1% for the first time since the Eisenhower years was great, but outrageous. The government was borrowing and spending like never before so Greenspan was not obeying the laws of economics. He seemed to have been doing the Bushies a huge favor, flooding the market with cheap devalued dollars. The housing market has not hit its ceiling. From here, it goes down.

To: Proud_Infidel who wrote (5137)	9/22/2005 3:17:42 PM
From: tejek	Read Replies (1) \| Respond to of 9838

More Unbelievable Propaganda in Katrina's Wake FOX News ^ \| September 20, 2005 \| Bill O'Reilly Again, here are the facts. Black homeownership is up 2 percent under President Bush. Poverty spending is significantly higher under Bush than it was under Clinton. Educational spending for poor school districts is higher under Bush. And the poverty rate stood at 13.7 percent halfway through Clinton's tenure. It is 12.7 percent halfway through Bush's two terms. My lord, someone like you who has some smarts listens to FOX??? From Bill O'Reilly, the perv? Why? So you don't have to give up your tax cuts? So you can believe that Bush is for real? I don't understand you people.....steeped in ignorance and myth. BTW the povery rate was high when Clinton tookover from Bush.........it declined almost every year of his presidency. And Fox loves to use the midpoint of Clinton's presidency as their base year when any fool knows that Clinton's policies were just then kicking in and things improved dramatically after that. Here's the true story...........poverty levels have increased every year for the past 4 years of the Bush administration. He has been the worst president for the poor in a long, long time. In the meantime, he has helped concentrate more of this nation's resources into the hands of the rich. And you defend this hee haw?! You should be ashamed! Despite more jobs, US poverty rate rises Percentage of Americans in poverty grew for the fourth straight year, the US Census Bureau reported Tuesday. By Sara B. Miller and Amanda Paulson \| Staff writers of The Christian Science Monitor Despite a year in which the US economy added jobs, the percentage of Americans living in poverty grew from 12.5 to 12.7 percent last year - the fourth straight year it's risen. That increase, reported in the much-anticipated annual Census Bureau study Tuesday, surprised many analysts who had expected the number to drop along with unemployment. continued................ csmonitor.com