look for kent d

[justindew]

Originally Posted by stonegossard

000000000000000000000000

Bill Clinton was once overheard laughing at how stupid the American people are. He said "As long as I kept gas prices low, everyone thought everything was fine."

Americans, by and large, can't think for themselves. A recent poll showed that nearly 60% of Americans rated the economy as either "bad" or "below average", while 70% of the same respondants said their economic status was "good" or "better than average."

If the media says the economy is bad, Americans will believe it. It's easier to let the media think for you.

Look around. People are still going to dinner and going on vacations. In spite of high gas prices, people are still driving.

And everyone has a job. In fact, unemployment claims took a dive last month.

But the economy sucks, apparently.

How about you just shut the f.uck up, Limbaugh?

[ateamstupid]

Originally Posted by Coach Pants

How about you just shut the f.uck up, Limbaugh?

There's no getting through to that tool.

[stonegossard]

Originally Posted by ateamstupid

There's no getting through to that tool.

His last post said it all. I wont have to say anymore....the stuff he is saying is burying him and his views. It's like arguing with a 5th grader.


People are still driving.....too funny....that's the best.

[justindew]

Listen to the evidence people put forth to "prove" that the economy is bad. The housing market, for instance. Housing prices are higher now than they were five years ago. Yet no one suggests that the economy was bad five years ago. So a small percentage of people who never should have owned homes to begin with are going to lose their homes. Big deal. They aren't going to be homeless. They will become what they should have been all along: renters. And at some point in 2008 or 2009, the housing market will level off and prices will slowly start to go up again. Now, if you stupidly purchased a home that you could not afford as an investment in 2005 and hoped to flip it to make a profit, you are probably going to get burned. Does that mean the economy is bad? Only if you are looking to make excuses. If you purchased a home that you COULD afford with the intention of living in it for the duration, you have zero to worry about. This is a fact.

As I have said all along, it's a matter of perspective. Americans have very, very short memories. And they got used to the way things were for the last 10 years: easy money and limited consequences. Compared to the last 10 years, the economy is bad. However, the last 10 years were a joke, and not representative of the way the world, our country, or our economy works. People with an ounce of perspective (or proper education) know this. People who steal their thoughts from the media, or who base their opinions on ridiculous measures like gas prices and the temporary slowdown in the housing market, do not know this. You say the middle class is struggling? Well, maybe that's because too many people run up insane amounts of credit card debt making purchases they can't afford while living a lifestyle that is irresponsible. The problem is it's easier to blame someone else, like the president, than it is to assume responsibility.

Economies on the local, national, and worldwide level, experience booms, busts, and everything in between. Right now, the economy is "fine". It isn't super. It isn't even "better than average" or "good". But it is fine. Sort of like a guy who breaks his leg. The doctor tells his family "He's fine." That doesn't mean he's in perfec health. But there is nothing to worry about.

Yet another recent poll I saw said it best. The majority of Americans think we are in a recession. But it is an indisputable fact that we are NOT in a recession. The numbers simply say otherwise. But since perception is reality in America, this country is in full-on panic mode.

Again, the original comment was "the economy is bad." That is what I was refuting. And I am correct.

[GBBob]

Originally Posted by justindew

Listen to the evidence people put forth to "prove" that the economy is bad. The housing market, for instance. Housing prices are higher now than they were five years ago. Yet no one suggests that the economy was bad five years ago. So a small percentage of people who never should have owned homes to begin with are going to lose their homes. Big deal. They aren't going to be homeless. They will become what they should have been all along: renters. And at some point in 2008 or 2009, the housing market will level off and prices will slowly start to go up again. Now, if you stupidly purchased a home that you could not afford as an investment in 2005 and hoped to flip it to make a profit, you are probably going to get burned. Does that mean the economy is bad? Only if you are looking to make excuses. If you purchased a home that you COULD afford with the intention of living in it for the duration, you have zero to worry about. This is a fact.

As I have said all along, it's a matter of perspective. Americans have very, very short memories. And they got used to the way things were for the last 10 years: easy money and limited consequences. Compared to the last 10 years, the economy is bad. However, the last 10 years were a joke, and not representative of the way the world, our country, or our economy works. People with an ounce of perspective (or proper education) know this. People who steal their thoughts from the media, or who base their opinions on ridiculous measures like gas prices and the temporary slowdown in the housing market, do not know this. You say the middle class is struggling? Well, maybe that's because too many people run up insane amounts of credit card debt making purchases they can't afford while living a lifestyle that is irresponsible. The problem is it's easier to blame someone else, like the president, than it is to assume responsibility.

Economies on the local, national, and worldwide level, experience booms, busts, and everything in between. Right now, the economy is "fine". It isn't super. It isn't even "better than average" or "good". But it is fine. Sort of like a guy who breaks his leg. The doctor tells his family "He's fine." That doesn't mean he's in perfec health. But there is nothing to worry about.

Yet another recent poll I saw said it best. The majority of Americans think we are in a recession. But it is an indisputable fact that we are NOT in a recession. The numbers simply say otherwise. But since perception is reality in America, this country is in full-on panic mode.

Again, the original comment was "the economy is bad." That is what I was refuting. And I am correct.

Justin..Since you use the word "perspective" all the time, I get to ask you this..

How old are you?

[justindew]

Originally Posted by GBBob

Justin..Since you use the word "perspective" all the time, I get to ask you this..

How old are you?

32

[The Indomitable DrugS]

Originally Posted by stonegossard

It's like arguing with a 5th grader.

Have you two compared savings accounts yet?

[justindew]

Originally Posted by The Indomitable DrugS

Have you two compared savings accounts yet?

Look, he's the one who questioned whether or not I could hold a job.

[The Indomitable DrugS]

Originally Posted by justindew

Look, he's the one who questioned whether or not I could hold a job.

What do savings accounts and holding a job have to do with each other?

[stonegossard]

Originally Posted by The Indomitable DrugS

Have you two compared savings accounts yet?

Not yet...although I am sure he is a billionaire with a playboy centerfold wife. Just like every other loudmouth on the net who wants to compare bank accounts.

His cluelessness is amazing though.

[fpsoxfan]

Originally Posted by justindew

Bill Clinton was once overheard laughing at how stupid the American people are. He said "As long as I kept gas prices low, everyone thought everything was fine."

Americans, by and large, can't think for themselves. A recent poll showed that nearly 60% of Americans rated the economy as either "bad" or "below average", while 70% of the same respondants said their economic status was "good" or "better than average."

If the media says the economy is bad, Americans will believe it. It's easier to let the media think for you.

Look around. People are still going to dinner and going on vacations. In spite of high gas prices, people are still driving.

And everyone has a job. In fact, unemployment claims took a dive last month.

But the economy sucks, apparently.

Seeing how I'm the one who got you on this a few days ago by suggesting the economy was a partial reason for a drop in the Preakness handle, I probably need to respond to your debate with some others on here. I appreciate your optimism about the economy, you bring up some valid points, in fact I really hope you're right. The reality is though Justin, things aren't good, especially for the lower middle class. Foreclosures are up and most in this category are living paycheck to paycheck. The worst though is Credit Card debt. The average credit card debt of a 30 something is in the neighborhood of 15,000. This is not good. Gas prices are obviously not the main indicator of the economy, but this is not helping either. We are in a tailspin, I just hope it gets better or we are headed for big trouble.

[Danzig]

Originally Posted by fpsoxfan

Seeing how I'm the one who got you on this a few days ago by suggesting the economy was a partial reason for a drop in the Preakness handle, I probably need to respond to your debate with some others on here. I appreciate your optimism about the economy, you bring up some valid points, in fact I really hope you're right. The reality is though Justin, things aren't good, especially for the lower middle class. Foreclosures are up and most in this category are living paycheck to paycheck. The worst though is Credit Card debt. The average credit card debt of a 30 something is in the neighborhood of 15,000. This is not good. Gas prices are obviously not the main indicator of the economy, but this is not helping either. We are in a tailspin, I just hope it gets better or we are headed for big trouble.

i have exactly zero credit card debt, life is good.
i owe on one house, and one car payment. people need to learn to live within their means, with money left over-rather than maxed out with peter robbed to pay paul. but that's closing the barn door with the horse long gone....

[fpsoxfan]

Originally Posted by Danzig[B

]i have exactly zero credit card debt[/b], life is good.
i owe on one house, and one car payment. people need to learn to live within their means, with money left over-rather than maxed out with peter robbed to pay paul. but that's closing the barn door with the horse long gone....

That's a biggy. Mine are very low. I live within my means. The wifey and I both teach, so there is always a steady income with pay increases every year. We will never be rich, but that's fine, I'm hoping a Pick-6 will take care of that, There are times you have to tighten the belt and just say no to certain things.

It's funny how a Kent D. thread turned into Economics 101.

[ateamstupid]

Originally Posted by justindew

Bill Clinton was once overheard laughing at how stupid the American people are. He said "As long as I kept gas prices low, everyone thought everything was fine."

Americans, by and large, can't think for themselves. A recent poll showed that nearly 60% of Americans rated the economy as either "bad" or "below average", while 70% of the same respondants said their economic status was "good" or "better than average."

If the media says the economy is bad, Americans will believe it. It's easier to let the media think for you.

Look around. People are still going to dinner and going on vacations. In spite of high gas prices, people are still driving.

And everyone has a job. In fact, unemployment claims took a dive last month.

But the economy sucks, apparently.

Yeah, um.. No.

http://www.cnn.com/2008/US/05/26/gas...rss_topstories

But who can argue the "look around" defense?

Is Kent D. still going to Disney World?

[Danzig]

Originally Posted by Coach Pants

Is Kent D. still going to Disney World?

he better stay out of the 'it's a small world' ride, they might think one of the marionettes escaped.