^ How long did it take you to come up with that, hippy? BTW, use the side door.
12/3/2007 4:06:47 AM
A post, a la hooksaw:Surge in Gasoline Prices Pushes Consumer Inflation Up by Largest Amount in More Than 2 Years
12/14/2007 9:35:15 AM
^ Yes, the good news does just keep rolling in--despite your incessant negativity. U.S. dollar up on strong economic data
12/14/2007 11:10:38 AM
What 'incessant negativity'? This is only my fourth post in this thread.And before you get too happy about the dollar, let's put your happy rising dollar news in context:
12/14/2007 11:19:51 AM
^ Many believe that the US government has been allowing the dollar to weaken to boost exports. I wasn't necessarily focusing on the dollar, but the news reports were.If you had looked a bit closer, you would have seen a lot of positive news about the US economy:
12/14/2007 11:30:30 AM
If the economy is so damn solid, why the rate cut?
12/14/2007 11:34:43 AM
^ Ask the Fed, Debbie Downer--frankly, I don't give a shit if you won't listen to the economic experts. And keep hoping for a bad economy so you can bash Bush some more.
12/14/2007 11:40:13 AM
^^^ At some point accentuating the positive turns into wearing rose colored glasses.As for the experts:
12/14/2007 11:46:33 AM
^ Oh, please. 1. Greenspan has yet to acknowledge his part in the housing market problems.2. Clearly, I was addressing Chance's post. And I believe that he would see the economy go into recession just to be proven right. 3. Rightly or wrongly, US presidents receive the credit or the blame for the economy--so Bush's involvement is implied in this context if nothing else. But Bush has received plenty of direct blame in TSB for any correction or problem whatsoever in the US economy--I know this to be true.
12/14/2007 11:57:52 AM
12/14/2007 12:08:51 PM
^1. Of course Greenspan is an expert. But a lot of his commentary now is lacking a critique of his own part in things. And--like Bush--Greenspan is working on his legacy:A 'Disappointed' Greenspan Lashes Out at Bush's Economic Policies
12/14/2007 12:25:33 PM
So, you're saying that Greenspan's opinion is no longer valid?Of course Bush is bashed in TSB. But after four pages of you saying that 'some' want the economy to falter to gain Bush-bashing fodder and four pages of others saying 'Who?', you've failed to name a single person.Now you're saying that no one has to actually say anything--their Bush-bashing is implied, regardless of what they say.
12/14/2007 12:38:56 PM
^ Actually, I posted nothing of the sort.
12/14/2007 12:48:48 PM
Posted nothing of what sort?Be more specific.
12/14/2007 12:52:10 PM
12/14/2007 1:22:12 PM
12/14/2007 1:27:29 PM
inflation is good for me help my stocks rise and decrease the Real Dollar costs of my student loans.
12/14/2007 2:50:00 PM
12/14/2007 3:00:32 PM
You're just saying that becuase you hate freedom and you hate Bush
12/14/2007 3:05:38 PM
hooksaw, please come give us more great news about the economy.
12/17/2007 7:57:24 AM
Hey Guys! Let's lower the funds rate some more. The "official" inflation rate is only 9.6% (.8x12). Real inflation is higher. Is your paycheck keeping up?The World's Central Banks have screwed us & themselves. The joint effort they announced a couple of days ago is big trouble.http://tinyurl.com/3bttfmAlso, it's pretty clear that hooksaw is hanging out with Alan Greenspan and Uncle Ben with their heads in the sand.
12/17/2007 8:19:43 AM
12/17/2007 8:39:04 AM
I'll put this here because I don't think a thread titled "The Impressive Californian Economy" would get many posts. However, California is the largest state economy by far and make up a significant chunk of the U.S. economy.http://globaleconomicanalysis.blogspot.com/2007/12/turn-out-lights-california-party-is.html
12/17/2007 10:13:12 AM
Why Economists Are Betting A Recession Won't Happen
12/18/2007 2:19:16 PM
It's a liberal conspiracy spreading the recession horn. They are just motivated by the quest to help Hillary win the election and turn us into the Socialist States of America by discrediting Bush's economic agenda!!!Right on hooksaw
12/18/2007 2:30:47 PM
12/18/2007 2:42:27 PM
Sometimes I look around and realize that if everyone in the workplace was given the ultimatum to work 10% harder or get fired, 95% of them could work harder without making any fundamental changes to their work ethic besides FOCUSING.We can stave off the recession with fucking adderall. Just tell people to work for a few months so they can save their house, car, and life savings.
12/18/2007 7:58:42 PM
Wow, that's a very communistic attitude you've got there.I think I heard the same thing from Joseph Stalin.
12/18/2007 8:45:46 PM
Not really.I just think a lot of people are overpaid.Prices are sticky on the way down.When shit is on the way down, they should work a little harder to run in place.Otherwise we get mass layoffs and the spillover affects the people worth their salaries.
12/19/2007 12:18:59 AM
People like capitalism until capitalism happens to them
12/19/2007 12:22:18 AM
12/19/2007 2:16:06 PM
^^None of the guys you quoted are bank economists.Consider me unimpressed by the US Economy right now. Fiscal irresponsibility on a personal and federal level will bite us in the ass in 2008.[Edited on December 19, 2007 at 2:50 PM. Reason : 2]
12/19/2007 2:28:51 PM
12/19/2007 2:38:46 PM
^ STFU, you bald-headed idiot.
12/19/2007 2:40:39 PM
HAHAHHAHAHAHAHHAAHHAHAHAHAroflWAITNOHOLY SHITHAHAHAHAHAHAHAHAHAHAHReally?!
12/19/2007 2:44:39 PM
^^ Dude, hooksaw, I think it's time you admitted that you went into this discussion without an open mind. The fact that you started a thread titled "The Impressive US Economy" proves it. You can cherry pick stats and figures that look good, but overall there's no good argument to be made saying that the economy is "impressive." That is a bold-faced lie if I've ever heard one.I've stayed out of the discussion largely due to my overall ignorance of economics on a grand scale. Still, there's no getting around the fact that the Canadian dollar is now worth more than ours. Please, for the love of God, repeat that back to yourself. The very concept would have caused an eruption of laughter in years past. I still can't fathom that it's true.I'll grant you that a devalued dollar doesn't necessarily slow down the economy. It does however hit lower and middle income families exceptionally hard. The increased cost of living, adjusted for inflation obviously, is the main reason for the current downturn. We may avoid an all-out recession, but impressive?Sorry dude, you're asking for the flaming and trolling you've received in this thread. You can't claim left-wing bias when your stated position sucks.
12/19/2007 6:08:36 PM
^
12/19/2007 7:16:41 PM
12/19/2007 9:21:33 PM
12/19/2007 9:29:26 PM
12/19/2007 9:55:48 PM
^^^ FYI:Jeffrey A. Frankel, professor of economics at the Kennedy School of Government at Harvard and a member of the National Bureau of Economic Research's Business Cycle Dating Committee+Yoram K. Bauman, professor of economics at the University of Washington+Christina Romer, professor of economics at the UC-Berkeley>>Some guy (aka kwsmith2) on the Internet^ Wrong on all points--as usual, troll. And if anyone has been "owned" in this thread, it's you--by the continually impressive US economy. It also sounds like the bank is owning you right now--don't blame the economy for your poor business decisions.
12/20/2007 1:18:54 PM
Go ahead and live in a state of denial. The US Economy is far from "impressive" right now. That said, we're not exactly on the brink of the Great Depression either. At the very least we'll be in for an economic correction. The longer our fiscal irresponsibility continues, the more likely we will be to see a recession.
12/20/2007 1:25:02 PM
^ Then get the Democrats in Congress to stop with the earmarks.
12/20/2007 1:35:07 PM
Well, I'm glad you finally figured out the singular cause for all of our economic problems. Ignorance must certainly be bliss.
12/20/2007 1:38:47 PM
12/20/2007 1:42:12 PM
bush as absolutly NO room to bitch about earmarks when it is his fault for getting us stuck in Iraq to which another 70 BILLION has been allocated. yes, i want the troops to be taken care of while over there but we should not have been in the situation where this money was needed and we should be resolving this problem. Instead we are acting as an occupation force holding Iraq together by the seams.
12/20/2007 2:01:54 PM
^^^ No, earmarks are not the "singular cause"--and I indicated nothing of the sort--they are ~$14 billion worth of the problem, though.
12/20/2007 2:05:49 PM
Well, try not to be a hypocrite. Republicans and democrats are equally guilty of tax dollar wasting earmarks.
12/20/2007 2:07:38 PM
HUR your political positions/thoughts are so adorable
12/20/2007 2:08:38 PM
^^ Try not to call me names. And if you had been paying attention, you would have noticed that I have pointed out my disagreements with the Republicans on a number of occasions—after all, I'm not a Republican. Here's just one such example:
12/20/2007 2:18:50 PM