Will I get 2-1?

[justindew]

Originally Posted by stonegossard

This is coming from the same moron who said in another post that the economy is fine.

I keep forgetting that when gas prices are high, the economy is automatically bad.

5% unemployment.

Dow above 13,000.

Median household income up year-over-year, every year.

Yep, sounds horrible.

[ateamstupid]

Originally Posted by justindew

I keep forgetting that when gas prices are high, the economy is automatically bad.

5% unemployment.

Dow above 13,000.

Median household income up year-over-year, every year.

Yep, sounds horrible.

If you take that figure at face value, you're the definition of a sap.

[justindew]

Originally Posted by ateamstupid

If you take that figure at face value, you're the definition of a sap.

Well, people who are a lot smarter than I am take those numbers at face value.

http://data.bls.gov/PDQ/servlet/Surv...id=LNS14000000

I love it when people make broad statements like "you're the definition of a sap" and then provide zero evidence to back up the claim. It's a classic method of argumentation for someone who has no argument.

[ateamstupid]

Originally Posted by justindew

Well, people who are a lot smarter than I am take those numbers at face value.

http://data.bls.gov/PDQ/servlet/Surv...id=LNS14000000

I love it when people make broad statements like "you're the definition of a sap" and then provide zero evidence to back up the claim. It's a classic method of argumentation for someone who has no argument.

I figured you might be smart enough to know why that figure is bullshit, but I guess not.

The number doesn't include people who are unemployed and have stopped looking for work, only people who are still receiving unemployment benefits.

Therefore, it doesn't count the disillusioned and hopeless unemployed, which, considering the economy, is probably a substantial and growing amount of people.

[justindew]

Originally Posted by ateamstupid

I figured you might be smart enough to know why that figure is bullshit, but I guess not.

The number doesn't include people who are unemployed and have stopped looking for work, only people who are still receiving unemployment benefits.

Therefore, it doesn't count the disillusioned and hopeless unemployed, which, considering the economy, is probably a substantial and growing amount of people.

Fine.

5.1%.

Happy?

[ateamstupid]

Originally Posted by justindew

Fine.

5.1%.

Happy?

Nice to see that you haven't abandoned your usual tactics of deflection in carrying the BTH torch.

[Cannon Shell]

Originally Posted by ateamstupid

I figured you might be smart enough to know why that figure is bullshit, but I guess not.

The number doesn't include people who are unemployed and have stopped looking for work, only people who are still receiving unemployment benefits.

Therefore, it doesn't count the disillusioned and hopeless unemployed, which, considering the economy, is probably a substantial and growing amount of people.

Tell them there are plenty of jobs available at keeneland since the SWAT team ran everybody out of there today.

[stonegossard]

Originally Posted by justindew

I keep forgetting that when gas prices are high, the economy is automatically bad.

5% unemployment.

Dow above 13,000.

Median household income up year-over-year, every year.

Yep, sounds horrible.

LOL...Dow above 13000....thats funny. I guess the drop from 14k to 13k isnt bad. How much is The DJIA up this year?

I guess food prices going through the roof and gas prices getting out of hand are good also. Ask people who own restaurants how things are going.

The real estate market is great also huh? People walking away from their homes because they cant pay the mortgage...economy is fine

Tons of people losing jobs on Wall St....thats great also...

No worries at all...economy is fine.


You sir are an idiot of the highest degree.

[justindew]

Originally Posted by stonegossard

LOL...Dow above 13000....thats funny. I guess the drop from 14k to 13k isnt bad. How much is The DJIA up this year?

I guess food prices going through the roof and gas prices getting out of hand are good also. Ask people who own restaurants how things are going.

The real estate market is great also huh? People walking away from their homes because they cant pay the mortgage...economy is fine

Tons of people losing jobs on Wall St....thats great also...

No worries at all...economy is fine.


You sir are an idiot of the highest degree.

Again, perspective.

Look a at chart of the Dow for the last 5 years. Or the last 10. Or the last 15.

So, the fact that restaurant owners are struggling means the overall economy is bad? Interesting.

Also, we feed the world, in case you didn't know. When food prices go up worldwide, we win.

Interesting logic regarding the housing market. Since a small percentage of people who bought homes that they can't afford are having to become renters (which they should have been all along) instead of owners, the overall economy is bad?

Take an Econ 101 class.

[stonegossard]

Originally Posted by justindew

Again, perspective.

Look a at chart of the Dow for the last 5 years. Or the last 10. Or the last 15.

So, the fact that restaurant owners are struggling means the overall economy is bad? Interesting.

Also, we feed the world, in case you didn't know. When food prices go up worldwide, we win.

Interesting logic regarding the housing market. Since a small percentage of people who bought homes that they can't afford are having to become renters (which they should have been all along) instead of owners, the overall economy is bad?

Take an Econ 101 class.

I'll take an econ class when you take your head out of your A##. Yes over a ten year period the dow has gone up genius. What does that have to do with the economy in 2008. You do know there have been periods over the last 10 yrs when it has gone down within that 10 yr period. The restaurant example was ONE thing. I can give you a ton more. All the retailers are reporting horrible results. CPI/PPI are coming in very high (Your beloved dow is down 190 points today based on disappointment from Home Depot and a hot PPI number...oil now past 129). Take a look at recession proof businesses like Las Vegas/Casinos...they are reporting the worst numbers in years. Their businesses are getting hammered because the economy is not in good shape.

We feed the world? LOL....nice try. Please explain to me how the cost of a weekly trip to the supermarket for the average family has gone up 60%. How is this good ? Here is an article form a month ago...when oil was 15 bucks a barrel cheeper/commodities were cheaper than today.....things have gotten much worse since

http://www.nypost.com/seven/04162008...ock_106752.htm

Do you think the current housing situation is good for the economy? Would love to hear that explanation Einstein. I suppose the whole CDO debacle was great for the big investment banks also?


Go back to making posts about horses you think who are a lock but really cant win.

[philcski]

Originally Posted by stonegossard

I'll take an econ class when you take your head out of your A##. Yes over a ten year period the dow has gone up genius. What does that have to do with the economy in 2008. You do know there have been periods over the last 10 yrs when it has gone down within that 10 yr period. The restaurant example was ONE thing. I can give you a ton more. All the retailers are reporting horrible results. CPI/PPI are coming in very high (Your beloved dow is down 190 points today based on disappointment from Home Depot and a hot PPI number...oil now past 129). Take a look at recession proof businesses like Las Vegas/Casinos...they are reporting the worst numbers in years. Their businesses are getting hammered because the economy is not in good shape.

We feed the world? LOL....nice try. Please explain to me how the cost of a weekly trip to the supermarket for the average family has gone up 60%. How is this good ? Here is an article form a month ago...when oil was 15 bucks a barrel cheeper/commodities were cheaper than today.....things have gotten much worse since

http://www.nypost.com/seven/04162008...ock_106752.htm

Do you think the current housing situation is good for the economy? Would love to hear that explanation Einstein. I suppose the whole CDO debacle was great for the big investment banks also?


Go back to making posts about horses you think who are a lock but really cant win.

Not to mention, one of the best indicators of economic health- the old treasury long bonds- are up 13 points off their lows in the last year (and at one point in march, were up 22 points), because nobody wants to hold risky assets in this environment... but the American economy is great

[justindew]

Originally Posted by stonegossard

I'll take an econ class when you take your head out of your A##. Yes over a ten year period the dow has gone up genius. What does that have to do with the economy in 2008. You do know there have been periods over the last 10 yrs when it has gone down within that 10 yr period. The restaurant example was ONE thing. I can give you a ton more. All the retailers are reporting horrible results. CPI/PPI are coming in very high (Your beloved dow is down 190 points today based on disappointment from Home Depot and a hot PPI number...oil now past 129). Take a look at recession proof businesses like Las Vegas/Casinos...they are reporting the worst numbers in years. Their businesses are getting hammered because the economy is not in good shape.

We feed the world? LOL....nice try. Please explain to me how the cost of a weekly trip to the supermarket for the average family has gone up 60%. How is this good ? Here is an article form a month ago...when oil was 15 bucks a barrel cheeper/commodities were cheaper than today.....things have gotten much worse since

http://www.nypost.com/seven/04162008...ock_106752.htm

Do you think the current housing situation is good for the economy? Would love to hear that explanation Einstein. I suppose the whole CDO debacle was great for the big investment banks also?


Go back to making posts about horses you think who are a lock but really cant win.

So, in your world, the economy being worse than it was last year or even 5 years ago equals a bad economy?

NO PERSPECTIVE.

[stonegossard]

Originally Posted by justindew

So, in your world, the economy being worse than it was last year or even 5 years ago equals a bad economy?

NO PERSPECTIVE.

Jesus Christ you cant be this ignorant.

I have already given you plenty of examples of why we are in a bad economy.

I feel like I am trying to explain this to a 6 yr old.

[Cajungator26]

Originally Posted by stonegossard

Jesus Christ you cant be this ignorant.

I have already given you plenty of examples of why we are in a bad economy.

I feel like I am trying to explain this to a 6 yr old.

We're in a bad economy, but now is the time to buy ...

History shows that every time we've been in a recession, the market comes back at a record high. Here's to hoping ...

[justindew]

Originally Posted by stonegossard

Jesus Christ you cant be this ignorant.

I have already given you plenty of examples of why we are in a bad economy.

I feel like I am trying to explain this to a 6 yr old.

You have given me zero examples showing that we are in a bad economy. What you have given me are examples showing that the economy is not as good as it once was. You're inability to understand this important distinction is why you are a moron.

Also, you're an idiot.

[MisterB]

Originally Posted by stonegossard

Take a look at recession proof businesses like Las Vegas/Casinos...they are reporting the worst numbers in years. Their businesses are getting hammered because the economy is not in good shape.

Last report I got was the casino's where 99% booked, and the casino's are the only thing making money in this economy.



Why, because our dollar is weak, and vacationers from all over the world are getting great deals.

[stonegossard]

Originally Posted by MisterB

Last report I got was the casino's where 99% booked, and the casino's are the only thing making money in this economy.



Why, because our dollar is weak, and vacationers from all over the world are getting great deals.

I read a nasty report about the revenues from the LV Casinos. While they are making money, their profits are down big across the board.

But this is also probably a positive according to Justindew Bernanke.

[justindew]

Originally Posted by stonegossard

I'll take an econ class when you take your head out of your A##. Yes over a ten year period the dow has gone up genius. What does that have to do with the economy in 2008. You do know there have been periods over the last 10 yrs when it has gone down within that 10 yr period. The restaurant example was ONE thing. I can give you a ton more. All the retailers are reporting horrible results. CPI/PPI are coming in very high (Your beloved dow is down 190 points today based on disappointment from Home Depot and a hot PPI number...oil now past 129). Take a look at recession proof businesses like Las Vegas/Casinos...they are reporting the worst numbers in years. Their businesses are getting hammered because the economy is not in good shape.

We feed the world? LOL....nice try. Please explain to me how the cost of a weekly trip to the supermarket for the average family has gone up 60%. How is this good ? Here is an article form a month ago...when oil was 15 bucks a barrel cheeper/commodities were cheaper than today.....things have gotten much worse since

http://www.nypost.com/seven/04162008...ock_106752.htm

Do you think the current housing situation is good for the economy? Would love to hear that explanation Einstein. I suppose the whole CDO debacle was great for the big investment banks also?


Go back to making posts about horses you think who are a lock but really cant win.

Also, the media has been scaring people into thinking we are in a recession for over a year, and we have yet to have a single quarter with negative growth. We need two in a row to have a recession.

[freddymo]

Originally Posted by justindew

Also, the media has been scaring people into thinking we are in a recession for over a year, and we have yet to have a single quarter with negative growth. We need two in a row to have a recession.

The only reason we haven't had negative growth is because of the influx of Viagra

[DogsUp]

Yes, the economy is in great shape

http://www.cnn.com/2008/LIVING/wayof...mom/index.html