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  #71  
Old 06-01-2009, 09:14 PM
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Originally Posted by FunRide:
We have to lead by example, then slowly force them into submission through trade barriers. That's the plan anyway.

FunRide, Am I reading this right? Forced submission? Forced submission of any kind is a violation of the most basic of human rights. I am shocked you would even say such a thing.

So if the government forces you to drive a certain type of vehicle that's okay with you? We're Sorry Mr. FunRide you don't make enough money so you will be forced you to live in a certain area, that just fine with you? Or forces you to follow a certain religion and worship in a certain way. You would blindly go along with that?

But don't be concerned Mr. FunRide we the government say it's for your own good. We know what's best for you. We may not be able to run this country but we can sure as hell run your life better than you can!

FunRide that's where we as a nation are headed.


Quote:
Originally Posted by MooseHenden
"the Lord's servant must not quarrel." Sincerely, Moose.


Moose, you obviously have a love of the truth. Hold on to it tightly my friend and never falter in your beliefs.
 
  #72  
Old 06-02-2009, 12:43 AM
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Originally Posted by Deeplaker60
--"We had 8 years of one of the worst runs a president ever had..."

The news media certainly depicted Bush that way. For the past eight years, they've been functioning as the PR department for left wing liberals. Possibly they have been trying to make us forget Jimmy Carter. For those too young to remember the Carter years, we had a recession that produced double digit unemployment at the same time as we had double digit inflation that drove the prime rate to nearly 20 percent. That was quite a feat to create inflation at a time when so many people weren't earning money to buy much. That's when the term "stagflation" was coined. We can only hope that by the time our Chicago politician gets done running the county, another Reagan will come along and clean up the mess like the old Reagan did after Carter. The news media never forgave Reagan for that.

I got a chuckle the other day when I saw NBC referred to as "Obama's pet peacock."






Unfortunately, we are once again headed down the path towards a recession and double digit unemployment. And best of all, people in this administration are calling for a national VAT tax on top off the already too high income tax. Just last week Obama sez the economy is getting better, and now he sez we all (meaning you and I; not him and his family) have to “sacrifice” so that MAYBE our children or grandchildren can live a better life? Meanwhile he’s spending AT LEAST a quarter million dollars of the tax payers money so he can take Michelle-For-the-First-Time-In-My-Life-I’m-Proud-To-Be-An-America to see a play?


QUOTE: “This is the Obama network” Howard Kurtz, MSNBC


 
  #73  
Old 06-02-2009, 08:35 AM
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Originally Posted by 1of4Horsemen
FunRide, Am I reading this right? Forced submission?
Yes, forced. Kind of like we did in Iraq, except without the bombs. I'm talking about Red China here. We're not going into WWIII over CO2 emissions. This is done through trade barriers. Likely they will move on their own as the cost goes down for the technology we develop. If you think this is some Did you read the whole thread?.
 
  #74  
Old 06-02-2009, 10:04 AM
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Originally Posted by DeeDawg
Unfortunately, we are once again headed down the path towards a recession and double digit unemployment.
Huh? No we're not.

As of today, stocks are up for the year:

"DJIA erases losses for 2009 on heels of surging Pending Home Sales data for April at 10:12 AM ET."

The S&P 500 is above its 200 day moving average. First time that's happened since December 2007.

You're over a year late for the recession.
 
  #75  
Old 06-02-2009, 11:30 AM
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Originally Posted by JustRandy
Huh? No we're not.

As of today, stocks are up for the year:

"DJIA erases losses for 2009 on heels of surging Pending Home Sales data for April at 10:12 AM ET."

The S&P 500 is above its 200 day moving average. First time that's happened since December 2007.

You're over a year late for the recession.







You can believe what you want to believe, and I can only pray that I'm wrong. But I do not think I am. It seems to me this administration is doing all it can to subvert the economy. They are attempting to raise taxes at the worst possible time, spending us into oblivion, and trying to take over huge parts of the private sector to include automotive, banking, and healthcare. Even the Russians think we are becoming socialists.

Not to mention quadruple deficits and demanding one of our closest allies give their capital away.



QUOTE:
“The country of China is going to be doing a Broadway-style play based on Karl Marx’s book on communism. A play based on communism. You know, that’s where capitalism has been replaced by the government taking over control of all private industries – or as we call it in this country – a ‘stimulus package’ “
Jay Leno

 
  #76  
Old 06-02-2009, 11:48 AM
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Originally Posted by DeeDawg
You can believe what you want to believe, and I can only pray that I'm wrong. But I do not think I am. It seems to me this administration is doing all it can to subvert the economy. They are attempting to raise taxes at the worst possible time, spending us into oblivion, and trying to take over huge parts of the private sector to include automotive, banking, and healthcare. Even the Russians think we are becoming socialists.

Not to mention quadruple deficits and demanding one of our closest allies give their capital away.



QUOTE:
“The country of China is going to be doing a Broadway-style play based on Karl Marx’s book on communism. A play based on communism. You know, that’s where capitalism has been replaced by the government taking over control of all private industries – or as we call it in this country – a ‘stimulus package’ “
Jay Leno
Well,,, I don't know too much about all that. All I know is the economic perspective. Oil is almost $70 again. Copper is up nicely. Stocks are above the long-term moving averages. Unemployment is slowing, if not reversing. Housing is turning. The summer of 2007 was a good time to present a coming recession argument... But not now.

Look at the unemployment rate. Its clearly closer to a top than a bottom: St. Louis Fed: Series: UNRATE, Civilian Unemployment Rate

Inventory to sales ratio is closer to a top than a bottom: St. Louis Fed: Series: ISRATIO, Inventory to Sales Ratio: Total Business

Vehicle sales: St. Louis Fed: Series: ALTSALES, Light Weight Vehicle Sales: Autos & Light Trucks

Consumer Sentiment: St. Louis Fed: Series: UMCSENT, University of Michigan: Consumer Sentiment

Housing starts: St. Louis Fed: Series: HOUST, Housing Starts: Total: New Privately Owned Housing Units Started

Things are going to get better, not worse.
 
  #77  
Old 06-02-2009, 01:59 PM
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Originally Posted by JustRandy
Well,,, I don't know too much about all that. All I know is the economic perspective. Oil is almost $70 again. Copper is up nicely. Stocks are above the long-term moving averages. Unemployment is slowing, if not reversing. Housing is turning. The summer of 2007 was a good time to present a coming recession argument... But not now.



Sorry, but I am going to have to respectfully disagree.


Originally Posted by JustRandy
Look at the unemployment rate. Its clearly closer to a top than a bottom: St. Louis Fed: Series: UNRATE, Civilian Unemployment Rate
That graph shows unemployment is still climbing.

QUOTE: "These data maintain a pattern that has been documented since the 1960s, in which African-American unemployment runs at approximately double the rate for white Americans. That 15 percent of African-Americans are currently unemployed should be alarming for all Americans in that unemployment rates this high are typically associated with prolonged economic depressions, not cyclical, typically short recessions." Jerome Corsci.

This interactive map shows that the highest levels of unemployment are in Democratic state urban areas, including Los Angeles, Detroit, Chicago, Cleveland, New York City, Newark and Washington, D.C.


Originally Posted by JustRandy
Inventory to sales ratio is closer to a top than a bottom: St. Louis Fed: Series: ISRATIO, Inventory to Sales Ratio: Total Business
"Ratio" is the key word here - dealerships have a huge amount of inventory and few sales - as shown by your graph.


This graph also shows sales dropping like a hot rock.


Originally Posted by JustRandy

This gragh shows consumer confidence is as low as it's been in 30 years.

This graph shows housing starts dropping like there is no tomorrow.


Originally Posted by JustRandy
Things are going to get better, not worse.


Again, we will have to agree to disagree.
 
  #78  
Old 06-02-2009, 02:51 PM
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Originally Posted by 1of4Horsemen
FunRide that's where we as a nation are headed.
Nah. That's not where we're headed. It's all blown way out of proportion by the right wing media (talk radio, The Post, Fox News, mega church sermons, etc.) to rally the base. Nobody even pays attention anymore there's so much daily "outrage" of various types. I'd think you all would want to reserve some outrage for a possible time when real outrage may be justified. As we all know, you can only claim the sky is falling so many times......
 
  #79  
Old 06-02-2009, 02:54 PM
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Whew! That's a load off my mind.

We're all gonna wake up just like Bobby did on Dallas. It's all just a dream.
 
  #80  
Old 06-02-2009, 02:58 PM
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Originally Posted by DeeDawg
Sorry, but I am going to have to respectfully disagree.


Then eat some of your own cooking.... Open a stock account and short stocks (or buy short etfs). Open a forex account and buy Yen and Dollars, short the Pound. You can have your positions open in forex in less than an hour from scratch at FXCM. All it takes is $25 to open the account and its fundable from a credit card.

If your convictions are so strong, put some money on it. I'm not going to argue with you while I'm making money. You can argue with yourself as to why you're losing so much when the economy was "supposed" to tank.

This may seem obvious, but right before the recession ends, things will be as a bad as they will get. ie. its always darkest before the dawn.
 


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