Bloomberg Warns High US Unemployment Could Lead to Riots

I share the great mayor’s concern that this nation may soon turn into a battlefield if unemployment doesn’t ease its grip on the throat of the American people. The key to saving the United States from unprecedented internal upheaval is, of course, to defeat Obama in 2012. Virtually any other person with minimal leadership skills and a basic understanding of economics would be capable of turning the current economic crisis around in a few months. That leaves out Bachmann.

Ha ha ha ha he he he ha ha!
Mayor Michael Bloomberg, you are so special and you make me laugh.

88 percent of Americans disapproved of the how Congress is doing their job. Congress, what’s it going to take? 95 percent? And then riots start? THEN will you understand that your single most important goal, making Barack Obama a one-term president, is not what the people want?

My concerns are this: WHO is the jobs bill supposed to hire? American citizens or Illegals? Whom is going to track it? With over 100,000 legal immigrants and untold illegals coming here each month, HOW are WE supposed to PUT our CITIZENS to WORK? Everywhere I look in my town, from the office building cleaners, to the school lunch preparers to the construction workers to the restaurant workers, to the nursing homes, as far and wide as the eyes can see, it is ALL illegals being hired over American Citizens…..when this….OUR Government decides to put AMERICAN CITIZENS first, not only in rhetoric but in ACTION, then I will believe that they truly do CARE about America…..right now, all I see is a lie….lies after lies after lies….now our own government is no longer going after illegals, INSTEAD they are expending their efforts on CRIMINAL ILLEGALS only….shameful! The thing is, if this country won’t stand up for its citizens, the illegals can expect the same when it is their turn to be replaced by the Chinese.

So why raise the age on social security?? Gonna say it and will not be popular, it is our duty, baby boomers, to retire by 62 at the very max…We have to think about the (legal) future generations. Don’t blame the kids for being upset…We had our time, now time to move over….we have had a lifetime to prepare for retirement and they, kids, need to prepare for their retirement to they may move over for the generation that will follow them…Research you candidate and vote 2012…..

But will sell them the “upgrade kits.” Uh, doesn’t make a lot of sense…….

Attitude – notice that ABC deleted my comment that you referred to – what does this tell you?

Posted by: Tom Barnow | September 16, 2011, 8:35 pm 8:35 pm

2004: Under President Bush, the U.S. Department of Housing and Urban Development announces that it will require Fannie Mae and Freddie Mac, also known as the Government‐Sponsored Enterprises (GSEs) “to increase their purchase of mortgages for low‐ and moderate‐income families and underserved communities.”

In a Bloomberg News article, Congressman Frank criticizes the new rules, saying the White House “could do some harm if you don’t refine the goals.”

In order to meet these new requirements, the GSEs begin purchasing mortgage‐backed securities made up of subprime loans.

2004: Reps. Brad Miller (D‐NC), Mel Watt (D‐NC), and Frank work to restrict predatory lending, but Republicans block their efforts. States across the country seek to beef up their own protections against predatory lending, but under the Bush administration regulators pre‐empt state consumer protection regulations of federally‐chartered banks. This prevents stronger state laws or rules regarding predatory lending at federally‐chartered institutions from having any effect.

I said the same thing that Mayor Bloomberg said more then a year ago. The republican congress ran and got elected on bringing jobs to Americans and as far as I can tell it was nothing more then a colossal deception. Almost ninety percent of Americans now disapprove of how Congress is doing; so when the riots start I hope they start in Washington D.C. and the rioters go after the clowns in Congress. It’s time for a revolution since our elected leaders are not listening or helping the people that put them in office; it’s time for change.

Re: “I share the great mayor’s concern that this nation may soon turn into a battlefield if unemployment doesn’t ease its grip on the throat of the American people. The key to saving the United States from unprecedented internal upheaval is, of course, to defeat Obama in 2012. Virtually any other person with minimal leadership skills and a basic understanding of economics would be capable of turning the current economic crisis around in a few months. That leaves out Bachmann.” What planet are you living on? Turn around *THIS* economic crisis in a few months ! LOL Nothing can.

I would only hope and pray that there are riots as long as it was the goal to oust all of government and abolish the Unconstitutional Federal Reserve and putting an end the Fascist imperialistic dictatorial regime we have in place at the moment. Yes there should be a massive uprising and Revolution to oust these Elitist imposing illegal wars and an illegal Federal income tax on our citizenship.

I’m starting to fear that there will be riots if things don’t turn around in a hurry. My Grandfather, who weathered the great depression, always said that as long as a government can keep a population fed and entertained (distracted) it can do whatever it wants. This government’s problem is that large numbers of people are starting to have serious problems paying for things like houseing, TV, and food and are starting to pay attention to what’s going on in D.C. The problem our government has is, unlike Greece, the U.S. is a well armed population……… Things could get real bad real fast.

And it was a republican who put us here in the first place……and a republican is going to save us?

“And it was a republican who put us here in the first place……and a republican is going to save us?” No, it was a bunch of unqualified dipsticks of all parties who had no business taking out mortgages in the first place, much less doing so as a get-rich-quick scheme, and people using their houses as ATMs for completely non-essential binge spending.

“Why don’t you address the obstructionist attitude of the tea party lunatics and the Republicans who really want Obama to fail.” Nice biased view of things. The Democrats had a Congressional lock for the first four years but bungled with infighting in their OWN party, and since then it’s been Harry “Democrats won’t vote for it” Reid and his band of cohorts that have been been playing the role of obstructionists.

We know what is going on! he wants to make a run in 2016! come on are you that bored? Mayor we know what has to done it is time for people like you to get off you butts and just do it! It is time for our leaders to start working like a team! and where is no I in team! I call it maning up! and doing the right thing! like taxing the rich, and keeping your hands off our second amendment right! and we all know Bloomberg thinks its OK to take that right away!

Bots make me laugh. I don’t think they figured out yet that most people realize that even under Bush most people were far far better off. Republicans bad, Obama so much worse. Far far worse.

The American answer to this is not rioting but LITIGATION. Just identify the specific job to which you are entitled, then SUE the employer for not giving you that job.

“I am so sick of people blaming Obama.”

Posted by: William | September 17, 2011, 3:28 am 3:28 am

I know. Isn’t the First Amendment just horrible? You should work to repeal it so that nobody can ever voice a dissenting opinion. Then when a Republican is in office, we won’t have to hear the rants from the left. We can be more like Venezuela and Cuba where dissenters are imprisoned. Sound good?

“The RICH are the problem and they are just to blind with their greed.”

Posted by: William | September 17, 2011, 3:28 am 3:28 am

Then Obama is the problem. With Democratic majorities in Congress in December, he RENEWED the Bush tax cuts. He could have vetoed them, but he didn’t. He knew that not passing the cuts would hurt the economy. He just vilified them to placate his sycophants. And while he duped you, he took advantage of those tax cuts himself, saving $100,000. He knew you’d cover for him. And you did. Why aren’t you complaining that his tax rate is a paltry 27%? Speaking of greed, he made $1.7 million and his entire lifestyle is supported by taxpayers. Why hasn’t he returned the money to the IRS? HE DOESN’T NEED IT. And he continues to play you for a fool while getting wealthier and wealthier.

YOU KNOW IT IS TRUE, September 17, 2011, 9:12 AM, SAID:

“Bots make me laugh. I don’t think they figured out yet that most people realize that even under Bush most people were far far better off. Republicans bad, Obama so much worse.”
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LOL! ……. Oh, I don’t know… our problem right now under Obama is “job growth”, not “job losses”, as is what was occurring under Bush.

Check out this “you know it’s true” data from the Bureau of Labor and Statistics:

Last year of G.W. Bush:
2008 = 2.9 million jobs lost

Last 4 months of G.W. Bush:
October 2008 = 278,000 jobs lost
November 2008 = 710,000 jobs lost
December 2008 = 744,000 jobs lost
January 2009 = 1,123,000 jobs lost

Last 2 years under Obama:
2010 = 1,246,000 jobs gained
2011 (so far) = 421,000 jobs gained

LOL!… and those are “true” numbers from the Bureau of Labor and Statistics

“Virtually any other person with minimal leadership skills and a basic understanding of economics would be capable of turning the current economic crisis around in a few months.” – commonsensenow

Lesson – don’t vote for a Liberal Demo with no experience for President.

“Oh sure, we saw what a dynamite job the Republicans did under the last president.” – John

Lesson – don’t vote for a RINO who will spend money like a Democrat.

2012 – Vote Conservative and give the country a fighting chance.

NOZ, September 17, 2011, 11:50 AM:

“Republicans have controlled 2-of-3 of the White House, Senate and House for 60% of the time since 1981.” – Georgie_Bushie

So that’s the reason the United States of America is still the best nation on the planet and why our poor live better than 98% of the rest of the world.
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LOL! ……… and so they sure have a bunch of people fooled (including you) about being the “cutting entitlements” party…. LMAO!

We had a Republican Senate and Republican House for 12 years, from January 1995 to January 2007, and a straight-flush Republican White House, Republican Senate and Republican House for over half-a-decade (January 2001 to January 2007)…. Did they cut Social Security or MEDICARE during all of these years?… LOL!… Answer: No, they didn’t have the “bowls” (purposely misspelled) to.

Republicans = The party that cuts revenue (the “tax cuts” party), but never has the “bowls” to cut spending… thus, our $14 Trillion dollar debt.

People call Democrats the Tax and Spend party…… LOL!… on the other hand, Republicans have proven to be the “BORROW AND SPEND” party. Folks, under which system do you, the American Taxpayer, pay the added fiscal burden of “INTEREST” on? …. The Republican system.

Oh and YEAH, I’ll riot – against illegal immigration and illegal immigrants.

Maybe the Mayor should give smokers back the exhorbitant taxes he has raised since taking office and allow them to smoke in at least a fair number of establishments. Antismokers are among the chief architects of the economic downturn, when you consider that 20% of the populations has had huge amounts of their disposable income stolen by government(s); and you can’t tell me restaurants and bars and other associated industries haven’t suffered. Who is the Mayor to decide that smoking will kill more people than riot violence, economic despair, and getting fat from staying home too much. Leave (mostly poorer) people alone to have their little pleasures, stop stealing their money and watch how that helps improve the economy!

Every….I repeat… every major economist in the world worth listening to said at the time (3 years ago) that we needed to spend more to get people working. And the GOP pandered to their dumbed down base on the ‘deficit issue’. If we had gotten most of the layed off construction workers back to work repairing our infrastructure…you don’t think small business wouldn’t be hiring and expanding right now because of increased demand? And new tax monies wouldn’t be rolling in? It isn’t that hard of a concept people. How could you let the ‘negativism of the GOP fool you? So many of you just don’t understand that ‘class warfare’ is all ready happening – and YOU ARE THE CONSEQUENCE! WAKE UP!

“Every….I repeat… every major economist in the world worth listening to said at the time (3 years ago) that we needed to spend more to get people working.” -CND FOX

We spent over a trillion dollars on stimulus, and it hasn’t worked. Obama had a super-majority for TWO YEARS and things are even worse than when he was elected. The only things could get this bad, this quick, is if it was done on purpose -and to try blaming the party that was virtually powerless to stop anything the democrats did is absurd.

‘Riots’…? Some disambiguation please. London, Greece, Philly Flash-mobs, punk teens make riots. Official provocation make riots. Spain and Egypt are not convulsing…yet.

How many of the unemployed want to work, how many want to collect unemployment, how many are unemployable? Why are the newspapers and the internet full of help wanted ads? Let’s get real if people want to work they will take a job instead of sitting on their a$$ and collecting from the government. The comment about all the illegals taking US jobs is some what true because they will work, the regulations on business is pretty strong and requires employers to validate the employee has the right to work in the country. Anyone that does hire illegals usually knows it and they do it to save money for themselves, they are part of the problem.