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-   -   How's That Recovery Comin? (http://www.derbytrail.com/forums/showthread.php?t=42507)

randallscott35 06-16-2011 01:29 PM

The Fed’s report corroborates data yesterday showing New York-area manufacturing shrank in June and adds to evidence the economy’s slowdown extended through the second quarter. Unemployment above 9 percent makes it difficult for Americans to ramp up spending, helping explain why central bankers may keep the benchmark interest rate near zero into 2012.

“Economic data have taken a decided turn for the worse, manufacturing in particular,” said Joshua Shapiro, chief U.S. economist at Maria Fiorini Ramirez Inc. in New York. Job growth “is going to prove fairly disappointing,” he said, and that means “the consumer is not going to have enormous ammunition for spending.”

Riot 06-16-2011 02:51 PM

So if the government came out with a massive government-sponsored (paid for) jobs bill, what would you guys say? And what do you say to the state governments that are choosing to stop long-term unemployment benefits, that puts cash churn immediately back into the economy?

We are in a deep recession. Stop spending. Not a factor that will help recovery.

Coach Pants 06-16-2011 06:05 PM

I thought some of the bailout money was going to infrastructure? Where are the results?

Our infrastructure is a major concern. How about moving some of that ridiculous war money to the corps of engineers?

jms62 06-16-2011 06:07 PM

Quote:

Originally Posted by Coach Pants (Post 785084)
I thought some of the bailout money was going to infrastructure? Where are the results?

Our infrastructure is a major concern. How about moving some of that ridiculous war money to the corps of engineers?

**** that.... We need to get involved in Libya...:rolleyes:

Coach Pants 06-16-2011 06:13 PM

Yeah for that fossil water and oil. Piss on energy independence and infrastructure. We've got to keep beating that war drum for resources.:rolleyes:

Coach Pants 06-16-2011 07:30 PM

Quote:

Originally Posted by otisotisotis (Post 785018)
that is the craziest damn place.....

Some of the greatest trolls on the internet.

There is good info...just have to filter through the trollfest.

randallscott35 06-17-2011 09:40 PM

Submitted by Brad Schaeffer

What Writing A Book Taught Me About Obama And Those Who Followed Him

My novel Hummel’s Cross takes place in pre-war (and wartime) Nazi Germany. In the course of writing the book I became fascinated by how a nation of such highly sophisticated and astute people as the Germans—who gave us Bach, Beethoven, Luther, Goethe, Schweitzer, Einstein, Handel, Nietzsche, Kant, Wagner, (and thrown in a few Austrians like Mozart. Strauss, and Haydn) etc. could be so easily led to their own destruction – taking much of the Western World with them – by a charismatic if empty man. I remember in the film Gladiator the observation is made that the Roman mob is fickle and easily led. Well, we have seen that in the case of this country in these times the mob is the intelligentsia in the media, the college campus, entertainment and some corners of high finance to name a few groups. In 2008, they looked to Barack Obama and like past societies feeling the need for guidance from on high projected upon him the their own needs, desires and (let’s be honest here) need to cleanse the sense of self-flagellating white guilt they continue to carry over a perceived racism in the country that is now more prevalent as a topic of media round-tables than it is a fact in day-to-day American life.

What gets me nervous is that they could project on him because this man Obama was and remains a mirage. An illusion. Someone whose greatness exists only in the minds of those who adore him for reasons they cannot even articulate because it is simply not rational.

Never has so much power been invested in a man about whom so little was known, over whose nefarious past associations was made or even questioned, and who presented so few real-world accomplishments as to not even have a resume worth note. But he possessed two key skills that come in handy during times of economic and social upheaval: 1) His ability to speak forcefully while offering little but platitudes to whip up an audience eager to be led; and 2) a ruthless pragmatism that would compel him to say and do whatever it took to present an image that would best gain him the levers of power. But that’s ok because Obama, knew what was best, even if the average Joe (except a certain plumber) did not, you see. A new golden age of top-down management of our daily ives radiating out of the central state in Washington D.C. for which we would eventually be grateful. All the people had to do was submit and get in line with the program. Many did willingly. Blindly. Fooled by a personality cult whose statist tendencies remained hidden by a fawning state media/propaganda complex.

By referencing Hummel’s Cross am I calling Obama “Hitler”? Oh stop. I understand the difference between an American president and a Nazi dictator so please do not belittle my concerns with such a knee-jerk accusation as you would be completely missing my point. We still have a long way to go down the slippery slope to hitting the sandbox at the bottom of the slide as Germany eventually did. It’s the lesson on mob psychology I’m talking about here. What I am saying is that a nation's collective intelligence and level of sophistication is by no means no stop-gap to demagogues and dangerous men of all political stripes when the times are right for 'hope and change.'

In the America of 2008, the times were right. I know a lot of bright, successful people whose opinions and expertise on so many matters I deeply respect who were passionately in the Obama tank even wearing his buttons everywhere they went—yet I noticed that they could never quite explain to me why, beyond uttering vague touchy-feely slogans or the deflective “he isn’t Bush.” Wow. As an independent-minded voter who grew up in Chicago and thus am aware of just what kind of pragmatic, even ruthless, ambition it takes to ascend the political ladder so rapidly there as did Obama, I needed more convincing than a cool campaign “O” emblem and Dave Matthews’ endorsement to earn my vote. Yet I found nothing but a paper thin image as the talking points. This vacuum of reasoning left me scratching my head. And the more I did my own research on this smooth-talking Cook County machine politician (as I would eventually conclude he was) the more anxious for my country I became. I realized that, for all too many, Barack Obama's appeal to them was purely emotional. Nothing more. An exercise in collective self-actualization that may have had its place in a 1920's München brauhaus, a plaza in 1940's Buenos Aires or 1960's Havana, but certainly no place in what I once thought was the most developed and wary of Republics.

We are a nation that should be skeptical of leaders. It has been a part of the American character for over two centuries. The Constitution codifies this suspicion of those who seek power with checks and balances that reveal a deeper distrust in human nature…one that is justified if the history of our species is any guide. As an American, it fills me with the greatest dread when I see
throngs of my countrymen searching for meaning to life and self-actualization not from within themselves but from a mere politician about whose biography they know far less than they do their favorite pop star’s.

In a way, having little enthusiasm for the McCain ticket, I found myself in 2008 observing in fascination from the sidelines as the two campaigns developed. And although he had his faults, no one could question who John McCain even was, or whether he had had served his country with honor. Obama, however, was a mystery…and in many ways still is. One who I saw protected by a praetorian guard in a media unable or unwilling to ask even the most basic of questions about what made him tick. That frightened me to no end. It still does.

In writing Hummel’s Cross I tried to throw myself into the mindset of an intelligent if detached German watching almost like a spectator as his country, indeed a member of his own family, slowly falls under the spell of a politician who says the right things at the right time and thus is given a pass on most everything else. A man upon whom the hopes and dreams of a people are mass-projected to the point where they lose themselves. And if it taught me one thing, it is that any people in the right circumstances can follow the wrong leaders to their own destruction—either through fiery cataclysm or, more insidious, slow economic and social decay too subtle for a populace to even realize what has taken place until it is too late to turn back.

jms62 06-21-2011 02:14 PM

We have recovered. Everyone pile their money back into the markets:rolleyes: Closed my shorts 2 days too early last week. Started to slowly add them back today... Looking for 2700-2750 on the Nasdaq.

otisotisotis 06-21-2011 08:55 PM

Quote:

Originally Posted by Coach Pants (Post 785097)
Some of the greatest trolls on the internet.

There is good info...just have to filter through the trollfest.


I believe I may be the bastard son of John Lear, :eek::D

randallscott35 06-21-2011 09:28 PM

Quote:

Originally Posted by jms62 (Post 786012)
We have recovered. Everyone pile their money back into the markets:rolleyes: Closed my shorts 2 days too early last week. Started to slowly add them back today... Looking for 2700-2750 on the Nasdaq.

good trade i think

GBBob 06-22-2011 06:59 AM

Quote:

Originally Posted by jms62 (Post 786012)
We have recovered. Everyone pile their money back into the markets:rolleyes: Closed my shorts 2 days too early last week. Started to slowly add them back today... Looking for 2700-2750 on the Nasdaq.

Let me know if you figure out the timing on shorting Gold. :$::$::$:

Coach Pants 06-22-2011 07:02 AM

the s&p might hit 3200 before it all crashes. Look for a bogus summer of recovery followed by either a QEIII or a complete crash.

randallscott35 06-22-2011 07:33 AM

Quote:

Originally Posted by Coach Pants (Post 786124)
the s&p might hit 3200 before it all crashes. Look for a bogus summer of recovery followed by either a QEIII or a complete crash.

food stamp nation. As long as those bennies continue, no riots...of course no jobs.

Coach Pants 06-22-2011 01:50 PM

I meant 1350. Was thinking about the Nasdaq.

Right now I'm on a ZICAM overload. Feel like a sack full of sweaty as.sholes.

jms62 06-22-2011 02:37 PM

Quote:

Originally Posted by Coach Pants (Post 786178)
I meant 1350. Was thinking about the Nasdaq.

Right now I'm on a ZICAM overload. Feel like a sack full of sweaty as.sholes.

;) We knew you weren't looking for a 2 month double on the S&P

randallscott35 06-22-2011 03:45 PM

Quote:

Originally Posted by jms62 (Post 786201)
;) We knew you weren't looking for a 2 month double on the S&P

Nice end of the day selloff for you when they realize no more sugar after June 30 in the markets. Going to be one hell of a summer.

Coach Pants 06-23-2011 11:27 AM

Desperate measures. ;)

jms62 06-23-2011 12:30 PM

Looks like a full court press to get re-elected as strategic oil reserves are released to manipulate the oil markets. Hope we dont need them for real someday.

otisotisotis 06-23-2011 09:20 PM

Quote:

Originally Posted by jms62 (Post 786544)
Looks like a full court press to get re-elected as strategic oil reserves are released to manipulate the oil markets. Hope we dont need them for real someday.

Don't worry about that. We'll just have the Fed print more :$:
and something I learned recently that really throws a wrench into guessing how this plays out......the Chinese govt. actually sets their own exchange rate, so there is really now accurate guage what their currency is worth....hmmmm

hi_im_god 06-23-2011 09:48 PM

Quote:

Originally Posted by otisotisotis (Post 786676)
Don't worry about that. We'll just have the Fed print more :$:
and something I learned recently that really throws a wrench into guessing how this plays out......the Chinese govt. actually sets their own exchange rate, so there is really now accurate guage what their currency is worth...hmmmm

it's undervalued.

pdrift1 06-24-2011 03:21 AM

Quote:

Originally Posted by randallscott35 (Post 780587)
Apparently you don't have a clue what I do for a living. Yes, we've had plenty of criminals who were presidents. Again, what you miss is the current importance of the time we live in.

i think a person in 1865 could have made the same comment after lincolns death with vp johnson in control of the pres

dino 06-24-2011 07:46 AM

If you look at actual numbers and determine that not only is there not a recovery but things are going down hill fast you "are a RACIST". How could the Messiah possibly be making bad decisions.

randallscott35 06-24-2011 08:33 AM

Quote:

Originally Posted by pdrift1 (Post 786699)
i think a person in 1865 could have made the same comment after lincolns death with vp johnson in control of the pres

Much more like 1860, not 1865....He chose to encourage papering over the problems rather than fresh air....The next 5 years in this country will be every bit as bad as the 30's.

Coach Pants 06-24-2011 08:37 AM

Gold with a little dip but he's a tough old bastard. Keep fightin old man.

otisotisotis 06-24-2011 09:57 AM

Quote:

Originally Posted by hi_im_god (Post 786681)
it's undervalued.

that seems to be the consensus...however, with worker's wages on the upswing it won't be long before Corporate America begins to abuse Central American labor.
How will they react to that knowing the debt they hold over average Joe America?

hi_im_god 06-24-2011 10:43 AM

Quote:

Originally Posted by otisotisotis (Post 786729)
that seems to be the consensus...however, with worker's wages on the upswing it won't be long before Corporate America begins to abuse Central American labor.
How will they react to that knowing the debt they hold over average Joe America?

i'm not really sure where you're going with this.

china built an export economy at least partially on the basis of keeping the yuan undervalued. we've been kicking about that for years so i'm surprised it was news to you.

china's massive holding's of american sovereign debt is more of a problem for them than us. what exactly are they supposed to do to punish us? if they sell off, they crash their own economy. it's mutually assured destruction.

randallscott35 06-24-2011 12:24 PM

No Yobs http://www.usnews.com/opinion/mzucke...oks_print.html

jms62 06-24-2011 12:56 PM

Quote:

Originally Posted by randallscott35 (Post 786760)

It is so ****ing simple what the problem is and all they do is scratch their nuts and are preplexed that hiring hasnt come back like it has in the past. In the past there was no concept of outsourcing or importing labor that then applies for Green cards and stays inflating your labor pool. In the past ALL manufacturing wasn't done overseas like most is now. The powers that be ship jobs and sit around and wonder why no one is buying any of their products. And even a bigger problem is the ****ing criminal pols that cant comprehend this basic ****ing problem whilst they take their bribes... er donations from those causing the problem.

Danzig 06-26-2011 09:57 AM

1 Attachment(s)
Attachment 1776

randallscott35 06-27-2011 07:07 AM

Anecdotes are important.

My dad's barber has been cutting hair for 42 years. He cuts everyone from janitors to executives in all lines of work. He said he "has never seen it this bad." There wasn't one person doing well. Not one person saying business or work is better than a year ago or even remotely similar to 5 years ago. How can that be in a recovery? Surely someone has to be doing well...Unless no one is. Unless you were lied to or refused to see the writing on the wall paper that they tried to use to make it look better. But the rot is pervasive, and the people have woken up, slower than I could have imagined, to the fact that no one is coming to save them.

jms62 06-27-2011 08:54 AM

Quote:

Originally Posted by randallscott35 (Post 787355)
Anecdotes are important.

My dad's barber has been cutting hair for 42 years. He cuts everyone from janitors to executives in all lines of work. He said he "has never seen it this bad." There wasn't one person doing well. Not one person saying business or work is better than a year ago or even remotely similar to 5 years ago. How can that be in a recovery? Surely someone has to be doing well...Unless no one is. Unless you were lied to or refused to see the writing on the wall paper that they tried to use to make it look better. But the rot is pervasive, and the people have woken up, slower than I could have imagined, to the fact that no one is coming to save them.

The Elite have gamed the system and are adjusting the rules to suit themselves and only themseleves. The massses are still under the false impression that they have a fair shake because we live in a democracy. They buy the bullshit about a recovery being 6 months out and in 6 months buy again that a recovery is 6 months out.

https://news.fidelity.com/news/news....11165216&IMG=N

jms62 06-27-2011 12:02 PM

This guy is spot on.

http://finance.yahoo.com/blogs/daily...171625885.html

Coach Pants 06-27-2011 12:25 PM

He's a globalist and that would go against his agenda.

Reagan, H.W. Bush, Clinton, Bush, and Obama are all NWO puppets. All of them trampled on the Constitution and all of them were involved with the free trade agreements that have ruined this county.

Once they crack the genetic code and/or use machines to replace their bodies they will exterminate the rest of us.

Look at Bill Gates, Ted Turner, David and Jay Rockefeller...they hate humans. It's documented.

jms62 06-30-2011 06:08 AM

Nasdaq Rally should peter out anywhere from here at 2740 to 2775.,

Coach Pants 07-01-2011 10:08 AM

Quote:

Originally Posted by Coach Pants (Post 786178)
I meant 1350. Was thinking about the Nasdaq.

Right now I'm on a ZICAM overload. Feel like a sack full of sweaty as.sholes.

S&P 1330 today. Neocons crying. The bathhouse I frequent celebrating. LOL.
:cool:

jms62 07-01-2011 10:13 AM

Quote:

Originally Posted by Coach Pants (Post 788236)
S&P 1330 today. Neocons crying. The bathhouse I frequent celebrating. LOL.
:cool:

Yup,,,, The good news continues :rolleyes:

http://finance.yahoo.com/news/Consum...&asset=&ccode=

hi_im_god 07-01-2011 09:16 PM

Quote:

Originally Posted by jms62 (Post 788237)
Yup,,,, The good news continues :rolleyes:

http://finance.yahoo.com/news/Consum...&asset=&ccode=

more than 1/2 of the s and p 500 companies make more than 1/2 their profits overseas.

the reason people perceive a disconnect between the performance of the stock market and that of the american economy is that there's not all that much of a connection anymore.

the global economy is booming. why wouldn't stocks of what are now transnational companies reflect that?

there's no vast conspiracy. what there is though is two tiers. if an individual or company is connected to the global economy, they're doing fine. if not, then they're suffering and will continue to suffer the impact of the housing bubble in this country.

Coach Pants 07-05-2011 10:17 AM

State layoffs of 1,300 employees hitting home (Florida)

http://www.tampabay.com/news/busines...g-home/1178821

7500 state jobs on the line in Connecticut.

http://www.nytimes.com/2011/07/01/ny...deal.html?_r=1


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