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  #1  
Old 05-20-2008, 11:22 AM
stonegossard stonegossard is offline
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Quote:
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.
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  #2  
Old 05-20-2008, 12:22 PM
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philcski philcski is offline
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Quote:
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
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  #3  
Old 05-20-2008, 01:25 PM
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justindew justindew is offline
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Quote:
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.
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  #4  
Old 05-20-2008, 08:03 PM
stonegossard stonegossard is offline
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Quote:
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.
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  #5  
Old 05-20-2008, 08:05 PM
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Cajungator26 Cajungator26 is offline
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Quote:
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 ...
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  #6  
Old 05-20-2008, 11:22 PM
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justindew justindew is offline
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Quote:
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.
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  #7  
Old 05-20-2008, 11:55 PM
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The Indomitable DrugS The Indomitable DrugS is offline
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In my nightmare's there is always a discussion on the strength of the economy between Peter, Cajun, and JustinDew.

My dreams mainly just consist of me being eaten alive by a pack of lions.
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  #8  
Old 05-21-2008, 02:27 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Quote:
Originally Posted by justindew
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.
Well, let's see here. Geedubbya gave the o.k. to send many people on Social Security an extra $300 check. I think it must be pretty fkd up.
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  #9  
Old 05-21-2008, 02:49 PM
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justindew justindew is offline
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Quote:
Originally Posted by SCUDSBROTHER
Well, let's see here. Geedubbya gave the o.k. to send many people on Social Security an extra $300 check. I think it must be pretty fkd up.
If we didn't have the media to tell us when things are wrong, no one would be complaining.

Americans aren't capable of thinking for themselves, by and large.
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  #10  
Old 05-21-2008, 03:03 PM
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ateamstupid ateamstupid is offline
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Quote:
Originally Posted by justindew
If we didn't have the media to tell us when things are wrong, no one would be complaining.

Americans aren't capable of thinking for themselves, by and large.
LOL. I'd agree, but I'd also include you in that group.
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  #11  
Old 05-21-2008, 07:18 PM
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SCUDSBROTHER SCUDSBROTHER is offline
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Quote:
Originally Posted by justindew
If we didn't have the media to tell us when things are wrong, no one would be complaining.

Americans aren't capable of thinking for themselves, by and large.
That doesn't explain why he agreed to give people (some of which didn't have to pay any federal income tax this year) $300 stimulus checks. Don't you think that's a sign something is pretty fkd up? That was a pretty big step. He must have been pretty convinced the economy is fkd up.
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  #12  
Old 05-21-2008, 07:07 PM
stonegossard stonegossard is offline
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Quote:
Originally Posted by justindew
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.

Your beloved Dow is falling like a rock. All it took was a moron like you who is blind to say "Things are fine".....and baboom...dow sheds over 400 points in 2 sessions.

For a complete ignormaus you do have special powers.



Go back and read what you wrote to me. Think about it.

We went from a good economy to a bad economy. Which could only happen if things got worse. So....todays economy is not as good as the past economy.


This isnt brain surgery here you dope...common sense.

Lets try this.

2006 Economy = good= 100 justindews

now:

2008 Economy= bad= 25 justindews.....


so to go from good to bad , 2008 is not as good as 2006.

Comprende Senor Douchebag ?
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  #13  
Old 05-21-2008, 09:54 PM
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justindew justindew is offline
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Quote:
Originally Posted by stonegossard
Your beloved Dow is falling like a rock. All it took was a moron like you who is blind to say "Things are fine".....and baboom...dow sheds over 400 points in 2 sessions.

For a complete ignormaus you do have special powers.



Go back and read what you wrote to me. Think about it.

We went from a good economy to a bad economy. Which could only happen if things got worse. So....todays economy is not as good as the past economy.


This isnt brain surgery here you dope...common sense.

Lets try this.

2006 Economy = good= 100 justindews

now:

2008 Economy= bad= 25 justindews.....


so to go from good to bad , 2008 is not as good as 2006.

Comprende Senor Douchebag ?
No matter how much you write, you fail to address my point. Just because the economy is not as good as it was 5 years ago does not mean the economy is bad. By that logic, a horse who once ran 120 Beyer Speed Figures with regularity and is now running 100 Beyer Speed Figures is a bad horse, even though he is better than 95% of the horses in America.

Everyone who wants a job can get one. The stock market is up substantially for the past 5 years. Even the housing market is up from where it was in 2003. By every statistical measure, with the exception of the dollar, our economy is better now than it was 5 years ago. Yet you insist on making baseless statements about how bad the economy is.
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  #14  
Old 05-21-2008, 11:11 PM
stonegossard stonegossard is offline
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Quote:
Originally Posted by justindew
No matter how much you write, you fail to address my point. Just because the economy is not as good as it was 5 years ago does not mean the economy is bad. By that logic, a horse who once ran 120 Beyer Speed Figures with regularity and is now running 100 Beyer Speed Figures is a bad horse, even though he is better than 95% of the horses in America.

Everyone who wants a job can get one. The stock market is up substantially for the past 5 years. Even the housing market is up from where it was in 2003. By every statistical measure, with the exception of the dollar, our economy is better now than it was 5 years ago. Yet you insist on making baseless statements about how bad the economy is.

You are beyond hopeless. Hopefully you dont use the same thought process when capping. If so I will be glad to take all your action.
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  #15  
Old 05-20-2008, 01:25 PM
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MisterB MisterB is offline
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Quote:
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.
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  #16  
Old 05-20-2008, 08:06 PM
stonegossard stonegossard is offline
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Quote:
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.
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  #17  
Old 05-20-2008, 01:29 PM
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justindew justindew is offline
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Quote:
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.
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  #18  
Old 05-20-2008, 01:37 PM
freddymo freddymo is offline
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Quote:
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
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  #19  
Old 05-20-2008, 01:42 PM
DogsUp DogsUp is offline
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Yes, the economy is in great shape

http://www.cnn.com/2008/LIVING/wayof...mom/index.html
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  #20  
Old 05-20-2008, 01:48 PM
freddymo freddymo is offline
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Quote:
Originally Posted by DogsUp
I want to adopt the dogs..Or I will buy them from her eitherway a car is no place for a dog to live.
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