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MARTIN'S FERRY, OH -- Republicans say they understand the middle class. Joe Biden says, "C'mon man!"
On the second day of a two-day tour of eastern Ohio, the vice president -- wearing his characteristic aviator sunglasses -- continued to hit GOP nominee Mitt Romney for his tenure at the helm of an investment group, saying that the former governor's role in creating wealth for investors doesn't qualify him to be the president.
"It's their job to create wealth for the investors," Biden said of investment firms like Bain Capital, which Romney cofounded. "If it creates jobs in the process, good! If it costs all the jobs in the process, okay!"
"But that's not the job of a president of the United States of America," he said. "The job is much bigger than that."
Criticism of big firms like Bain doesn't reflect a disdain for profit, Biden said, but a focus on economic opportunity.
"We're not anti-capitalist, for God's sake, it's the system that built the country!" he said.
Alternatively, Biden painted Romney's philosophy as one with "two sets of rules: one for his wealthy investors and the other for everybody else."
And he differentiated "us" -- meaning the mostly blue-collar Democratic audience of about 450 assembled outside a small town auto dealership -- from Republicans like Romney who only favor "the guys at the top."
"They all think that the guys at the top are the smart guys and if they just get it right everything else will work." he said. "We think this works the other way around. That's the history of the Valley, man."
Reprising his critique yesterday of the GOP's cries of "class warfare," he said he's "tired" of being characterized negatively for his middle class background.
"They call me Middle Class Joe like that's somehow 'oh I'm 'ol Joe and I don't dream,'" he exclaimed, "C'mon man!"
(Biden, who was notably fiery yesterday when making the same argument, acknowledged in his remarks that he would "say it more calmly" to Thursday's audience, but his crescendoing voice offered scant evidence that he followed his own advice.)
Romney spokesman Ryan Williams responded: "President Obama and his campaign can only resort to misleading attacks on Mitt Romney. Americans deserve better than President Obama’s liberal policies that have failed to get America back on track.”
The vice president was met by several dozen pro-coal-industry protestors who stood at a distance outside the event, with chants of "Uncle Joe must go!" sometimes audible during Biden's remarks. He did not mention coal during his speech, and one reporter who attempted to ask him a question on the topic as Biden greeted supporters after the event was asked by staff to return to a designated press area.
Biden's appearance at Staffilino's Chevrolet dealership was intended to underscore the Obama administration's efforts to revive the car industry as it teetered on the verge of bankruptcy.
Speaking in front of three Chevy Cruzes, the jacketless veep praised American ingenuity and mocked Romney for "taking credit" for the revival of the industry because he promoted the idea of "managed bankruptcy."
"Well, I will take an awful lot of credit for a man having landed on the moon," Biden said to laughter. "I was in school. I rooted for it!"
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Ol' Joe has fire in his belly these days!
Go git em Joe!
Gaffes or not, the man always speaks from his heart, which is one of the many reasons I love him!
Feisty,
Biden is a truthteller...
He is full of passion and truth.
Northstar,
No kidding - compare him to Willard who is full of bold face lies & penchant for bullying!
Actually, given the propensity of some in the middle class continually to vote against their economic best interests, you have to wonder whether they DO understand the middle class, at least better than we think they do.
In Wisconsin, for example, supposedly about 39 percent of all union households support Scott Walker.
How does that possibly work out, if not for heavy manipulation by the right? And that, in turn, suggests some understanding by the right of the willingness of their audience to be distracted.
And so, guns, gays, abortion, demon unions, and Muslims are no small part of their calculus.
I love him, too, Feisty! I remember going to the local Obama office to work the phones the night he was announced as the VP choice on the ticket, and it was one of the best nights we had during the campaign. Every other person I talked to seemed to have had a story of some personal encounter with him at the gas station or the train station or a football game or at Home Depot or his favorite diner down on Rt 202, and every one of them characterized him as the kind of guy who'd literally give you the shirt off his back. As I mentioned yesterday, those who see only the "gaffes" and take such delight in them are vastly underestimating his value to this campaign and to the current administration. He has a natural ability to connect with people that Mitt Romney can only dream about.
Biden is using logic to make his point. The president has used stimulus packages to create jobs. The typical republican retort is that the jobs aren't permanent. What job is? The fact is that the president has been doing what it can to create despite republican obstructionism. It is working, jobs are being created, while Europe loses more every day. The president wants Americans to live long, productive lives thanks to a healthcare program the republicans want to dispose of, because they don't think public health is important. Middle class lives and those of the working poor are not important to republicans.
Conservatives can only lie about how much they have done to help middle class America, because they have done just the opposite since the Reagan administration. The robber barons have made a great comeback since the 1890's, and their poster boy is Mitt Romney.
LMAO......isn't that like saying Feisty DumbFux is sane?
They keep trying to sell but nobody's buying!
Romney/Rubio 2012! - Piece-O-Cake Baby!
Justice for Zimmerman NOW!
I wouldn't get caught up in Wisconsin.
none of the polls actually published their methodology, which makes them a bit suspect. I bet I could get a 100% obama approval rating on 3000LV as long as I didn't have to list my methodology :)
Particularly in the D/NPP/R sections, you'll find the biggest margin on error. Which is why Rasumussen is usually way off until the end of an election cycle, and SurveyUSA is the most accurate.
Rasmussen has bad methods, Survey has good methods :) real simple.
I loved his speech. He knows what it is to be part of middle class America. Romney does not know and can never claim to know - he is a poseur.
Biden is a dolt. The end.
Poor Joe Biden..
He can't decide whether he wants people to be millionaires, or whether he hates 'em.
It all depends on his audience. Typical liberal hypocrisy.
Except when he uses others speeches. How can we be sure he's not using the words of a real middle-class citizen?
Where are you now Neil Kinnock?
Funny you should mention that, Alan. I just read two different blog articles on the same topic, by different authors, and I found one paragraph that was almost verbatim identical in both articles.
These were articles on a "business"-related topic by respectable "business" people.
It seems to happen rather frequently these days.
In fact, the other day, I pointed out where a conservative blogger had obviously quoted from some article without giving any attribution. Where were the plagiarism police then?
Nowhere, that's where.
Look to your own house before you cast stones.
Republicans consist of the middle class who are very confused, that's all.
Look at Joe the Plumber running for office (though his name really isn't Joe and he isn't really a plumber). He has been on welfare yet advocates tax breaks for the rich and abolishing programs for the poor. Does he really believe the wealth trickles down and he will someday be a millionaire just by standing with the 1% instead of supporting those in his own socio-economic station in life?
We need to fund a new Department of Deprogramming for these brainwashed ignoramuses. Please, make me "Czar of Deprogramming" - Ha.
Aside from the bizarre phenomenon that is the rightwing (not enough time or space to cover it all) the fact is the Teapublican Party answers to the oligarchy (the 1% rich and Big Business) at the top and the Teabagger minority at the bottom. Be afraid, be very afraid of this combination with Romney the empty suit plutocrat in the lead!
Anna Molly -- That 39%, though questionable in terms of accuracy, comes largely from the rural parts of the state. Take that variable along with red states primarily in the south and a few mountain states and that tells you a lot right there. These are low-information voters, who unfortunately can be swayed by propaganda, but it goes deeper than that. We are talking about generations of socialization along with "group think" that comes from the Echo Chamber they now live in thanks to rightwing FOX Noise/Hate Radio.
Let's hope the polls are as bad as the ones that showed McCain in the lead right before the 2008 election, and let's hope the Dems can succeed in a ground game to get the vote out for Barret. If nothing else, it would be a sad commentary on money in politics if Walker manages to squeak through this.
Even funnier is the fact I lived in the UK when Kinnock was running against Thatcher and made that speech. It was very famous over there. It was even funnier when Biden, who I liked in '88 made it and I couldn't help but think there was a sense of deja vu about it.
I am incredulous that anyone could understand Joe Biden ! LOL !! Joe Biden is the gift that keeps on giving. I wonder if we have any new snapshots of him sleeping on the job while Obama is speaking.
By the way Feasty, that is NOT fire in his belly ... more likely gas coming from his shorts ! You would love that of course !!
Every time Biden opens his mouth, he lets us all know what a moron he really is. But at least he is not a communist.
Think about all the VP candidates currently under serious consideration, and then envision them in a debate with Joe Biden. Yeah, that's what I thought. In comparison the GOP/TP "bench" are the ones who look like morons.
VP Joe: truly inspiring speech....delivered by a truly disturbed person...but, you have to give him credit for carrying on the theme of pitting the middle class against the rich...right out of the playbook of his boss, Barak Hussein Obama, who has the audacity to turn success leading to wealth into something not to respect and aspire to.
Sorry, but he looked like a nut! I didn't get his "my parents could dream too" theme? Are we really back to the "DREAM" stuff? At this point the administration should be running on its record of achievements, not excuses for not having any! Jobs? Look at the number of citizens on Food Stamps on a monthly basis, you can't fudge those numbers! Without any achievements to point to, this administration will run a campaign to divide citizens, not unite them! And fail at that when the facts come out. War on Women facts show that women actually make more than men when everything is taken into account (hours worked, etc.). Class Warfare, the facts show that the wealthy pay most of the taxes in this country, and contribute more to charity than any other sector! Biden himself has contributed close to nothing to charity when you consider his financial standing! Fact is if we taxed the wealthy at a rate of 75%, it would do nothing to bring down the debt "this administration" has incurred! Immigration? This administration did "nothing" on immigration reform in the first two years it had a majority in both houses, not one bill was introduced on it! But now in an election year it's a priority? The budget? The presidents proposed budget was shot down by "his own party almost unanimously"! That alone should give anyone an idea of his grasp of the situation! The administrations campaign is desperate with no record to run on. What some call Biden's fire in the belly, I see as a desperate mans false bravado!
True...
For God's sake...the numbskull Sarah Palin beat Joe Biden when they debated...and all I ever see on this site is what an idiot you all think she is...and I don't disagree.
But it is good to see Biden on the news once in a while, just to be reminded of what a blithering, blathering dope he truly is. One would to have rose-colored-glasses an inch thick to see the guy in any other light.
William...
Thanks for the reminder on this website, because not much was reported on the fact that the wunderkind Mr. Obama's proposed "budget" was indeed put up for a vote this week....0 votes for it and 99 votes against. Not a single member of his own party would raise a hand in support of the economic brilliance the President invested into his proposed budget.
Must be George Bush's fault...if not, Rush Limberger's.
Mr. Biden, I have two questions for you. If you understand the middle class and their need for "dignity", then why has the cost of living of the middle class gone down during this administration?
Just because you can empathize with the middle class doesn't make you a leader who can improve their lives.
Yes, yes I know everything wrong with the debt or the economy is Bush's fault. But since you haven't fixed either problem in 3.5 years, how do you expect the next four to be any different?
Here's the irony. You talk as if you were the challenger in this election. You rip on the system, rip on the successful and bemoan the rise of income inequality and the worsening plight of the poor and the middle class.
But dude this is on your watch! YOu're in office. If you understand the dignity of the middle class, then lead and create solutions to solve the problems. Don't just point out the problems and blame others who are less powerful than you. If you're angry about the state of the country then look in the mirror.
If we can push the GOP job blockers out of the way, the job of re-building jobs in America will continue.
Lets see 4.4 million lost under Bush and 4.2 million grained in 3.5 years under Obama. Give him 4 more years and the sky is the limit.
So only .2 mil are without a job. How come the media propaganda machine says it's about 24 mil without jobs. Where are you getting your figures?
"4.2 milion jobs" created ???
Why are there less people working today ? How many new jobs were "created" and how many were "filled"...due to retirements, illness, injury, death, workers moving out of the country-such as foreign workers who flew here for tech and other jobs ???
And do you folks think every "job" is something Mr. Obama had a hand in ??? The company I work for added three employees this year DESPITE the mess this country and my weakened state are in.
Our 3 employees don't owe Mr. Obama their votes because they found work that the White House had absolutely nothing to do with.
If Mr. Obama wants to run for re-election as a job-creator, he'd better hope there are a lot of goofy voters out there who would believe such nonsense.
Believe'n America...
Guess you don't believe the BS you're seeing on this site.
"The vice president -- wearing his characteristic aviator sunglasses"
....along with his characteristic hair plugs.
At least he only "plugged" hair, and his own at that.
That's a lot better than what "McD" was trying to "plug" or probe in Virginia.....
Awww... will you look at that?
Little Bobby's getting all personal now...
Tell ya what, at least Biden doesn't have to glue his hair on like Willard confessed to doing!
Feisty, so liberal so progressive.
Feisty, to borrow some words from Obama's million dollar supporter Bill Maher and I am sure you support and respect this man also- You are a slut and @!$%#.
We love you Joe! Now, give them hell Sir.
Dude, we don't call you "middle class Joe". I don't think I know anyone personally who has a household income over $300K a year. Stop trying to act like you are one of us. You are a leach and have been in the Senate since you were in your 20s. You've probably never worked hard a day in your life. On top of that, you give less to charity than anyone I know personally. You are a disgusting, worthless idiot.
Biden's son served in Iraq. Romney's five sons are following in his path, avoiding military service while rattling the sabers like good little Republican dorks, and touching Dad's donors to invest in their very own little vulture capitalist groups. Biden is a public servant, and a good man, Romney is a snake.
If Romney is a snake, Biden is a jack a$$.
Romney is a snake, and cogito is a jacka$$.
Amy, Joe Biden received 5 student deferments between 63 - 68 and then got reclassified by SSS because of asthma as a teenager. (I guess his asthma didn't effect his football playing in high school). Joe Biden has been a public servant most of his adult life and only knows politics because he has had no real private work experience. As for Romney's sons there isn't/wasn't a draft to worry about. BTW, Obama never served in the military either, so I don't know what your point is. One of the major problems, IMO, we have in Washington is to damn many professional politicians that have never really had to make a living outside of government service.
N Loves... Biden came from a MIDDLE class background and was still able to SUCCESSFULLY pursue the American dream whereas Mittens was born into money and acts like he had to work as hard as anyone else and therefore understands the middle class.
In addition, Mitt Romney's Bain playbook was as follows: Buy a controlling interest in a successful company, strangle it with debt then pay you and your cronies upfront, neglect improving the company (i.e. upgrade equipment/plant, neglect proper maintenance, install incompetent managers, etc.), reduce worker pay, reduce retirement benefits and then watch as the company gets crushed by the debt you forced upon it. Once company goes under, workers are out of jobs and the company files for bankruptcy thus forcing the TAXPAYERS to uphold the pensions/retirement responsibilities promised by the company. Meanwhile, Mittens and his cronies walk away with millions because they paid themselves with the money they borrowed UPFRONT. Not vulture capitalism but rather PARASITIC capitalism.
http://www.seattleweekly.com/2012-04-18/news/mitt-romney-american-parasite/4/
Notliborcon so what do you think about 72% of Bain political contributions going to Democrats.
http://www.opensecrets.org/overview/topcontribs.php.
Also did you have any problems with how the Kennedy's got their wealth?
Joe Kennedy was a bootlegger. He made his millions breaking the laws during prohibition. But it's okay that his boys were rich from that illegal activity, because they were Democrats.
KSW & Jim.... NOT THE POINT. By the way jim... the Prescott BUSHES engaged in business with the NAZIs during the lead up to WW2. There is shadiness in EVERYONES backgrounds
All political contributions do is further corrupt our system. Do you HONESTLY think ANY corporation or special interest group spends MILLIONS without expecting a return on their money?
AMF
Notliborcon Nope I actually agree both sides are equally guilty. Just curious as to why you only pointed out one side. Your comments seemed a bit biased to me which seemed odd given your screen name.
ksw...
You found a bit of liberal "bias" on this site ??? Can't be !

Poor Joe Biden..
He can't decide whether he wants people to be millionaires, or whether he hates 'em.
It all depends on his audience.
Typical liberal hypocrisy.
"His mom lived in Long Island for ten years or so. God rest her soul. And- although, she's- wait- your mom's still- your mom's still alive. Your dad passed. God bless her soul." --Joe Biden, on the mother of Irish Prime Minister Brian Cowen, who is very much alive, Washington, D.C., March 17, 2010
"I like to fire people.." - Mitt Romney
He should have said "I like to fire lazy (aka all) democrats.
Especially Obama
"See, thats the interesting thing about being President; I don't have to explain..."
W. Bush
"If we do everything right, if we do it with absolute certainty, there's still a 30% chance we're going to get it wrong." --Joe Biden, speaking to members of the House Democratic caucus who were gathered in Williamsburg, Va., for their annual retreat, Feb. 6, 200
"..My wife has a couple of Cadillacs..." - Mitt Romney
Great - Mitt Romney was helping GM with his money.
As opposed to Obama helping GM with my money.
"I will not let these rogue nations hold America hostile..."
G. Dubya Bush
57 states, put wrong date in Palace registry in UK, bowing to the Saudi King........Obama is no Einstein either
1Hiram...
Haven't you seen the President's grades from college ??? Don't you listen when folks tell you what an intellectual giant he is ???
Me neither.
"Look, John's last-minute economic plan does nothing to tackle the number-one job facing the middle class, and it happens to be, as Barack says, a three-letter word: jobs. J-O-B-S, jobs." --Joe Biden, Athens, Ohio, Oct. 15, 2008
"..I am not concerned about the very poor..." - Mitt Romney
Well at least he intends to try to get people J-O-B-S some rather then fire them and ship it to china. LMAO!
People that say that austerity is the answer are morons that know nothing of the history of this nation or the many recessions that we have had. If you want people to work you must spend money to make it. So they actually have the right idea . If only the republicans would stop playing politics with our lives we could get on with it.
Mitt Rompey wast not helping anyone in this country with his money. He was taking it off shore so he couldn't be taxed as he stole it.
When did America become so stupid? If they hadn't saved our auto industry we wouldn't even be making the money we need in this country. Does anyone at all read about the sector being held up by autos. What a moron.
mine...
How about the tens of millions Mr. Romney has paid in taxes to the government...that money doesn't and didn't "help anyone in this country" ???
Of course...everyone else is "stupid" or a "moron".
mine...
How about the tens of millions Mr. Romney has paid in taxes to the government...that money doesn't and didn't "help anyone in this country" ???
Of course...everyone else is "stupid" or a "moron".
Oh, Joe, I understand Democrats completely. I get you. With people like you, it's what's mine is mine and what's yours is mine to give to mine. That's what I object to. You sticking your grubby hands into my pockets and stealing what I have. I get you all too well, Joe the gasbag.
"When the stock market crashed, Franklin D. Roosevelt got on the television and didn't just talk about the, you know, the princes of greed. He said, 'Look, here's what happened." –Joe Biden, apparently unaware that FDR wasn't president when the stock market crashed in 1929 and that only experimental TV sets were in use at that time, interview with Katie Couric, Sept. 22, 2008
“Well, I think you're partially right in characterizing Ted Kennedy as supportive of the gay community, and I respect the work and the efforts he's made on behalf of the gay community and for civil rights more generally, and I would continue that fight.....When Ted Kennedy speaks on gay rights, he's seen as an extremist. When Mitt Romney speaks on gay rights, he's seen as a centrist and a moderate.....When Ted says it, it's extreme; when I say it, it's mainstream. I think the gay community needs more support from the Republican Party, and I would be a voice in the Republican party to foster anti-discrimination efforts.” - Mitt Romney
“I promise you, the President has a big stick. I promise you."
"You cannot go to a 7-11 or a Dunkin' Donuts unless you have a slight Indian accent.... I'm not joking." --Joe Biden, in a private remark to an Indian-American man caught on C-SPAN, June, 2006
omg thats funny. if he did say that, he's right lol
Joe Biteme can see the future . . .
During an interview with David Gregory on “Meet The Press,” At one point, and much to the joy of Republicans, he referred to Mitt Romney as “President Romney.” But as if that wasn’t embarrassing enough, he couldn‘t seem to keep his own boss’s name straight: he also referred to Barack Obama as “President Clinton.”
The guy is a mess. Being a senator for all those years must turn the brain to mush.
I don't know ask Strom, Bob Dole, J. McCain oh! hell ______________— just insert a name.
N Loves...
Maybe those really weren't hair plugs sewn into Biden's head...maybe they were simply "plugs" installed to keep the sand inside his skull from leaking out.
"I guess what I'm trying to say without boring you too long at breakfast--and you all look dull as hell, I might add," he said. "The dullest audience I have ever spoken to. Just sitting there, staring at me. Pretend you like me!"
Joe Biden to about 200 Turkish-American and Azerbaijani-American Obama donors at a breakfast in Washington, DC.
“I promise you, the President has a big stick. I promise you.
Joe Biden referring to Obama's ______
Joe Biden is an embarrassment to this administration and this country.
"We want to create what's called a global minimum tax," he said, "because American taxpayers shouldn't be providing a larger subsidy for investing abroad than investing at home."
Joe Biden - Davenport, Iowa, manufacturing plant 3/21/12
delaware here, again, my deepest apologies.
A President needs to be extraordinary, not ordinary.
Choose an “average American” at random. Chances are that he or she would:
Cause an NFL team to lose if playing quarterback
Sound awful playing a violin solo with the Philadelphia Symphony
Be quickly checkmated by a Russian chess grandmaster
Hurt the country's economy and world position if chosen as President.
The point is that becoming world-class at anything takes a huge amount of training, experience, and natural aptitude. Governing a country is no exception. Romney has demonstrated that he is truly extraordinary at planning, organizing, negotiating, etc. Everything, in fact, that is required to be a world-class US President. If that makes his personality a little inaccessible to the common man, that is understandable … and acceptable.
LMAO........tries to hit Romney......and looks and acts likes an idiot while doing it.
Boehner is so afraid of losing his job, it's not even funny. Eric Cantor is in the wings just waiting for a misstep. They're all a bunch of liars and losers.
I like the FIRE in the Belly, I wish the President weren't so diplomatic all the time (I understand why, but just saying) and would tell it like it T-I-IS. this country is in a mess and we all contributed to it so it will require all to fix it, but some think we have all the time in the world - we do not. Greed, Waste & Apathy have made it a immediate problem.
Go Joe!! At least you aren't some mealy mouthed little compromisor who sold himself and his beliefs for a GOP nod (J. McCain). The civil war is over but you couldn't tell it by the politics of today!!!
Keep up the good work!
For Romney his weakness is still going to be Private Equity (PE) and HOW he makes his money. Admittedly many people are envious because "He's rich, so he must be successful.” It's only until you pull the curtain back do you discover how it works.
PE works by getting others to invest; purchase a healthy company; cut viable jobs and benefits; use the company as collateral to obtain huge business loans (artificially inflated profits without new assets); pay out special dividends to you and investors; sell the company for much more than its true worth or value (greed factor at work), and then not be surprised when it goes BANKRUPT loaded with all of the debt. Romney and his group walks away with a lot of money and then the American taxer has to pickup the tab paying for unemployed, bankruptcy, and retirement benefits. This is not a sound way to help get this country back on its feet with people working and having a living wage.
Why anyone would vote for him is mind boggling. There's an old Scottish saying "Fool me once, shame on you. Fool me twice shame on me." Guess what were coming up for the second time. Think about it...
You mean "Virtual Money!"
Right David, they "cut jobs" at Staples when Bain, under Romney, bought into the company. A ONE STORE operation that expanded into over 2000 stores around the world.
They "cut jobs" at Sports Authority when Bain, under Romney, bought into the company, a ONE STORE operation that expanded to over 460 stores in 45 states.
And if you would put out the TRUTH instead of you attempt at demonization, you'd know that over three quarters of the time, what Bain invested in was a SUCCESS and created jobs. When you invest in a company there's a chance it will fail. Seems to me that Bain, and Romney, have a pretty good record of success.
All without using TAXPAYER money like Obama is doing as he throws tens of billions of TAXPAYER dollars at "green" companies run by Obama bundlers, staff members, and Democrat supporters. Oh and by the way, if any of those companies fail, like Solyndra, the Obama supporters lose NO money and actually make hundreds of millions, while the taxpayers get to take the loss.
Why don't you get your FACTS straight before you attempt to put out garbage that you obviously know NOTHING about.
David, my bear of little brain, it seems that you should take some of your own advice. You see, when the snake oil wagon rolled into town four or five years ago I'm guessing you bellied up to the bar and purchased a case of the "hope and change" elixir that the flim-flam man was pushing. Now, based on your sophomoric rant above, it seems that you've now partaken of the new and improved elixir from Barry's wagon, "forward". My goodness, talk about a fool.........
Biden's an idiot. A washed up, end of his career Senator picked to fill a slot for Obama. And he even continues to LIE about a company that Romney had NOTHING to do with when it went out of business YEARS after Romney left Bain.
WE are the middle class and we're being destroyed economically by Obama, Reid, Pelosi, and Democrat policies of borrow, tax, regulate, and spend spend spend.
I like this one! Straight and to the point! Telling it like it is...refreshing!
According to the liberal toadies of Obama, we're 'bouncing back'.
I think not:
HP considers 25,000 job cuts, sources say
http://marketday.msnbc.msn.com/_news/2012/05/17/11747372-hp-considers-25000-job-cuts-sources-say?lite
25,000 out of 300,000 employed around the world.
How many of the 25,000 are located in the US?
Anyone that thinks we are "bouncing back" must work for the government and have little understanding of how the economy works (i.e. the Private Sector). The "real" unemployment level, or the U6 rate, is now hovering almost 6% above the U3 level, which does not include those who just dropped out of the work force, stopped looking for a job, or had their unemployment benefits cut off. Historically the U6 level has been about 2% above the U3 level and rarely moved much higher. Not with Barry in office! If the media wasn't attempting to re-elect the snake oil salesman, they'd be reporting a real unemployment level of over 14% nationally and more than 17% in California.
Your turn Dennis.......