The economy is moving.....
- Thread starter NOVA
- Start date
Yeah....as soon as the market 'turns'....these folks can give up the food stamps................................un-fuckin'-believable...
Yeah....as soon as the market 'turns'....these folks can give up the food stamps................................un-fuckin'-believable...
That seems to be a common response when someone points out the truth about the economy. By doing so, they're somehow saying that all problems are solved, and that everyone is employed and all are off of food stamps.
It's a simplistic response, that has nothing to do w/ what I said. I assumed your thread title was some sort of sarcasm, but the economy really is moving in a positive direction. Hiring is up, GDP is up, and the outlook is just better than it was.
I'm talking about the people that need food stamps and that they keep growing in numbers.....you're the one brought up the stock market, like its gonna mean something to these people......well...it ain't gonna mean shit to them, they're not investing on Wall Street.....
Aren't you one of those sympathizing with those protesting the robber barons on Wall St....? and then cheering as the stock market goes up....
Seems like deep down you know its true that those Wall St. barons are the only hope in digging this economy out of the hole its in...
No; I just understand the market. When it does well, businesses hire. When it doesn't, they don't.
Then you and the dude need to understand that businesses hire when they are making profits and have a potential to expand to make even more profit...., regardless of what the stock market is doing....as a matter of fact, a stock may decrease while that business is spending its money on more or better equipment and hiring more people......
Profit.....its that dirty word that the protesters are complaining about......you know, Conoco Phillips, American Express, Chevron, Exxon, Bank or America, Boing, Halliburton, Delta, Phillip Morris, etc....those greedy corporations that actually hire people and have a payroll.....that pollute the water and air, supply gasoline and electricity....that make it possible for you to go to a store and buy food and clothes and those wonderful Ipads......
Usually, when you have to paint things in extremes, it's not a good sign.
Skinheads ?...Crying about the poor?......wtf are you ranting about now.....when did you EVER hear me crying about the poor or that my life sux ?.....
Affirmative action might get you an MBA or some other degree, but it can't make you intelligent...thats been proven over and over in the last few decades.
You're an MBA for Chevron ?...you can't even write Chevron correctly.....you're not fooling anyone here.....
FYI I'm the Archbishop of Canterbury.....
Nothing extreme in my post,...just the simple facts of life.
Your a retired biggot, racist and former deck mopper. News flash even when the economy is at its best we have people going on welfare and food stamps you loser.Y
Cancel 2016.2
The Almighty
http://www.bloomberg.com/news/2011-...tomer-shortfall-of-600-million-cftc-says.html
Not so fast....
More of the same bullshit risk taking on Wall Street.
That said, things have calmed a bit domestically. Though I think you are going to see another round of foreclosures (higher levels than norm). Until we get a leader who knows what it takes to ACTUALLY create jobs rather than simply maintaining the status quo of unemployment, then I would be hesitant to say we have turned the corner.
We still have drunken spending in DC
We still have massive risk taking on Wall Street
We still have tremendous amounts of bad debt on banks books
We still have unemployment over 9%
We still have great uncertainty with regards to the future tax code
We still have the threat of Obama care hanging over our heads
We still have Obama saying union jobs are more important than non-union jobs (not directly, but given his 'stimulus' efforts continue to go towards protecting union jobs, he is saying it indirectly)
We still have problems in Europe and China looming, which could send the global economy into a tail spin yet again. (amazing that the EU pushing their problem further into the future isn't seen as a solution)
Until we learn to take some pain, we are going to suffer through a prolonged death by paper cut scenario, whereas if we amputate the arm, we may save the life.
cancel2 2022
Canceled
If the Euro crashes you may look back on these times as halycon days, just saying.
What do you think Greece will do? Aren't they talking about dumping the Euro?
Cancel 2016.2
The Almighty
The EU leaders are currently talking about kicking Greece out. Which as you mentioned is also what Greece wants so that they can inflate their way out of the debt.
Unfortunately they are several hundred billion dollars too late. Had they done this from the start, it might have worked. It can still work for the benefit of Greece, but the EU has Italy and Spain teetering on the edge now.
They just had the banks write off 50% of their Greek debt (yet somehow they maintain it wasn't a default by Greece). This is going to end poorly. This is what happens when government debt gets run up in the never ending 'we just need to spend more' philosophy of those who have warped Keynes theory. Not to mention those who think everyone is entitled to everything available to mankind today. You promise the world but only own Greece.... you get FUBAR. You keep pushing the problem into the future... sooner or later... the hot potato will burn someone.