| Topic: |
Religions > Atheism |
| User: |
"Fred Stone" |
| Date: |
26 Nov 2007 08:37:46 PM |
| Object: |
Mission Accomplished |
http://americandigest.org/slanted_economic_news.jpg
--
Fred Stone
aa# 1369
Liberal: a power worshipper without power. - George Orwell
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| User: "Geoff" |
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| Title: Re: Mission Accomplished |
27 Nov 2007 11:22:32 AM |
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Fred Stone wrote:
http://americandigest.org/slanted_economic_news.jpg
"The stock market is at an all-time high"
*****. Adjusted for inflation, the all-time high was reached on 1/14/00.
Even when it was at 14000, it was just approaching the inflation adjusted
record.
http://www.cbpp.org/10-5-06bud.htm
"Unemployment is near a record low."
Yeah...only a measly 23% higher than the most recent low of 3.8% in April
2000. And forget about record lows, we'll never see rates like that again.
"The deficit is expected to shrink for the third year in a row."
Thank gawd...when you top out at >25% shortfall, you gotta hope it's going
to get better. Whoop-dee-doo.
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| User: "Michelle Malkin" |
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| Title: Re: Mission Accomplished |
27 Nov 2007 08:25:24 PM |
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"Geoff" <gebobs@yahoo.nospam.com> wrote in message
news:UpKdnZrZFeXBz9HanZ2dnUVZ_oCvnZ2d@giganews.com...
Fred Stone wrote:
http://americandigest.org/slanted_economic_news.jpg
"The stock market is at an all-time high"
*****. Adjusted for inflation, the all-time high was reached on
1/14/00. Even when it was at 14000, it was just approaching the inflation
adjusted record.
http://www.cbpp.org/10-5-06bud.htm
"Unemployment is near a record low."
Yeah...only a measly 23% higher than the most recent low of 3.8% in April
2000. And forget about record lows, we'll never see rates like that again.
"The deficit is expected to shrink for the third year in a row."
Thank gawd...when you top out at >25% shortfall, you gotta hope it's going
to get better. Whoop-dee-doo.
And, don't forget that the Bushies don't count the
unemployed whose unemployment compensation
has run out. Once that happens, it's as though all
those people no longer exist in Bushcoland. So, the
actual number of unemployed is much higher than
BushCo wants us all to know.
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| User: "johac" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 12:57:12 AM |
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In article <2oudncyCq6sUTNHanZ2dnUVZ_tyknZ2d@comcast.com>,
"Michelle Malkin" <hypatiab7@comcast.net> wrote:
"Geoff" <gebobs@yahoo.nospam.com> wrote in message
news:UpKdnZrZFeXBz9HanZ2dnUVZ_oCvnZ2d@giganews.com...
Fred Stone wrote:
http://americandigest.org/slanted_economic_news.jpg
"The stock market is at an all-time high"
*****. Adjusted for inflation, the all-time high was reached on
1/14/00. Even when it was at 14000, it was just approaching the inflation
adjusted record.
http://www.cbpp.org/10-5-06bud.htm
"Unemployment is near a record low."
Yeah...only a measly 23% higher than the most recent low of 3.8% in April
2000. And forget about record lows, we'll never see rates like that again.
"The deficit is expected to shrink for the third year in a row."
Thank gawd...when you top out at >25% shortfall, you gotta hope it's going
to get better. Whoop-dee-doo.
And, don't forget that the Bushies don't count the
unemployed whose unemployment compensation
has run out. Once that happens, it's as though all
those people no longer exist in Bushcoland. So, the
actual number of unemployed is much higher than
BushCo wants us all to know.
And don't forget the people who are underemployed because BushCo and
cronies sent their good manufacturing jobs to China. Now to keep from
going under they have to work two or more low paying jobs flipping
burgers and stocking shelves at Wal-Mart.
--
John #1782
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| User: "Mark K. Bilbo" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 10:18:36 AM |
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On Tue, 27 Nov 2007 21:25:24 -0500, Michelle Malkin wrote:
"Geoff" <gebobs@yahoo.nospam.com> wrote in message
news:UpKdnZrZFeXBz9HanZ2dnUVZ_oCvnZ2d@giganews.com...
Fred Stone wrote:
http://americandigest.org/slanted_economic_news.jpg
"The stock market is at an all-time high"
*****. Adjusted for inflation, the all-time high was reached on
1/14/00. Even when it was at 14000, it was just approaching the
inflation adjusted record.
http://www.cbpp.org/10-5-06bud.htm
"Unemployment is near a record low."
Yeah...only a measly 23% higher than the most recent low of 3.8% in
April 2000. And forget about record lows, we'll never see rates like
that again.
"The deficit is expected to shrink for the third year in a row."
Thank gawd...when you top out at >25% shortfall, you gotta hope it's
going to get better. Whoop-dee-doo.
And, don't forget that the Bushies don't count the unemployed whose
unemployment compensation has run out. Once that happens, it's as though
all those people no longer exist in Bushcoland. So, the actual number of
unemployed is much higher than BushCo wants us all to know.
Which, to be fair, didn't start with Bush. But it is *amazingly*
dishonest on the part our government. They use the payroll survey
(considered the most accurate) to trumpet job growth then switch to the
household survey (considered the lest accurate) to discuss unemployment.
I've seen it pointed out more than once that if you take all the people
who could work and compare to the number working in both the US and
Europe, we are at least even in unemployment or even have it a bit worse
than Europe.
One thing we do that keeps our unemployment numbers down is throw people
in jail with abandon. We don't count our jail population as "unemployed".
We don't count anybody who has given up looking for a job (but would work
if something was available).
Interesting thing about the "low" number we have now is that the labor
participation rate had to fall a great deal to get there. That is, people
were driven *out* of the job market and thrown off the rolls of
"unemployed". If I had the motivation, I'd go get the labor participation
rates from the BLS and see what our "unemployment" rate would be if we
had the Clinton era rate.
(The Feds also play games with the inflation measure. If we used the
system as recent as that used around the time of Carter, we'd be running
a *lot* higher than what the Feds are talking about now. Could be as high
as 8%.)
--
Mark K. Bilbo a.a. #1423
EAC Department of Linguistic Subversion
------------------------------------------------------------
"You know what my favorite thing in the world is?
I'll tell you.
Each week, millions and millions of upper middle class American
citizens put on expensive dress clothes, load themselves into
suv's and drive past homeless shelters, orphanages, prisons,
missions and halfway houses on their way to a very expensive
and nice church, where someone tells them to be more like Jesus.
That is fucking awesome, let me tell you."
http://tinyurl.com/2uglqf
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| User: "Mark K. Bilbo" |
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| Title: Re: Mission Accomplished |
27 Nov 2007 06:59:03 PM |
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On Tue, 27 Nov 2007 12:22:32 -0500, Geoff wrote:
Fred Stone wrote:
http://americandigest.org/slanted_economic_news.jpg
"The stock market is at an all-time high"
*****. Adjusted for inflation, the all-time high was reached on
1/14/00. Even when it was at 14000, it was just approaching the
inflation adjusted record.
http://www.cbpp.org/10-5-06bud.htm
Further...
Clinton took office January of 1993. The Dow was about 3300 that month.
At this same point in *his* two terms (Nov, 1999), the Dow had reached
10,988. 333% increase.
Bush took office Jan 2001 as the Dow was about 10,890. To match Clinton,
the Dow should stand at about 36590.
We're at 12,958 today. A gain of about 19%. In the mean time, the dollar
is down about a third...
--
Mark K. Bilbo a.a. #1423
EAC Department of Linguistic Subversion
------------------------------------------------------------
“The alms-giver, in return for a trifling expenditure
on this earth, will be rewarded with an infinity of bliss
post-mortem. This purely selfish note is struck with
great clarity by Judaism, and only less clearly by
Christianity....religion has not really promoted charity,
but debased it.”
- H. L. Mencken
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| User: "Fred Stone" |
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| Title: Re: Mission Accomplished |
27 Nov 2007 07:24:24 PM |
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"Mark K. Bilbo" <gmail@com.mkbilbo> wrote in
news:1rKdnX5GCZjKINHanZ2dnUVZ_t3inZ2d@giganews.com:
...In the mean time, the
dollar is down about a third...
And for some strange reason you consider this to be a bad thing...
--
Fred Stone
aa# 1369
Liberal: a power worshipper without power. - George Orwell
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| User: "Geoff" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 08:39:19 AM |
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Fred Stone wrote:
"Mark K. Bilbo" <gmail@com.mkbilbo> wrote in
news:1rKdnX5GCZjKINHanZ2dnUVZ_t3inZ2d@giganews.com:
...In the mean time, the
dollar is down about a third...
And for some strange reason you consider this to be a bad thing...
It's great for investment...there is foreign capital coming in and buying
equity that is way undervalued on the international market. Whereas, the
Euro value of the DJIA was about 12000 in 2000, it is now at about 8600.
Capital infusion is good, but it's not good to sell on the cheap.
The amazing thing is that the level of investment hasn't been enough to
sustain the 14000 level. Even at fire sale prices, investing in America
right now isn't seen as profitable as in the past.
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| User: "Fred Stone" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 09:59:34 AM |
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"Geoff" <gebobs@yahoo.nospam.com> wrote in
news:t7ydndcaY7ME4NDanZ2dnUVZ_qainZ2d@giganews.com:
Fred Stone wrote:
"Mark K. Bilbo" <gmail@com.mkbilbo> wrote in
news:1rKdnX5GCZjKINHanZ2dnUVZ_t3inZ2d@giganews.com:
...In the mean time, the
dollar is down about a third...
And for some strange reason you consider this to be a bad thing...
It's great for investment...there is foreign capital coming in and
buying equity that is way undervalued on the international market.
Whereas, the Euro value of the DJIA was about 12000 in 2000, it is now
at about 8600. Capital infusion is good, but it's not good to sell on
the cheap.
It's great for US export markets too, and don't give me that horseshit
about "exporting jobs". The reason we can "export jobs" profitably is
that there is a labor *SHORTAGE* in America. Unions are just whining
because people aren't willing to pay a premium for their products any
more.
The amazing thing is that the level of investment hasn't been enough
to sustain the 14000 level. Even at fire sale prices, investing in
America right now isn't seen as profitable as in the past.
International trade imbalances have needed adjustment for a long time.
China and the EU can't keep propping up their own currencies forever and
they'll readjust sooner or later.
--
Fred Stone
aa# 1369
Liberal: a power worshipper without power. - George Orwell
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| User: "Geoff" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 03:18:39 PM |
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Fred Stone wrote:
It's great for investment...there is foreign capital coming in and
buying equity that is way undervalued on the international market.
Whereas, the Euro value of the DJIA was about 12000 in 2000, it is
now at about 8600. Capital infusion is good, but it's not good to
sell on the cheap.
It's great for US export markets too, and don't give me that horseshit
about "exporting jobs".
Why would I? A cheap dollar makes domestic manufactured goods and services
more competitive.
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| User: "Fred Stone" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 03:47:51 PM |
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"Geoff" <gebobs@yahoo.nospam.com> wrote in
news:XL6dnTXTbKSuRtDanZ2dnUVZ_jCdnZ2d@giganews.com:
Fred Stone wrote:
It's great for investment...there is foreign capital coming in and
buying equity that is way undervalued on the international market.
Whereas, the Euro value of the DJIA was about 12000 in 2000, it is
now at about 8600. Capital infusion is good, but it's not good to
sell on the cheap.
It's great for US export markets too, and don't give me that
horseshit about "exporting jobs".
Why would I?
Maybe you wouldn't, but I'm pretty sure that comment came up the last time
I reminded people that the cheap dollar is good for exports.
A cheap dollar makes domestic manufactured goods and
services more competitive.
More competitive *in export markets*.
--
Fred Stone
aa# 1369
Liberal: a power worshipper without power. - George Orwell
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| User: "Geoff" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 04:29:20 PM |
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Fred Stone wrote:
A cheap dollar makes domestic manufactured goods and
services more competitive.
More competitive *in export markets*.
Export or domestic.
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| User: "Mark K. Bilbo" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 04:02:08 PM |
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On Wed, 28 Nov 2007 16:18:39 -0500, Geoff wrote:
Fred Stone wrote:
It's great for investment...there is foreign capital coming in and
buying equity that is way undervalued on the international market.
Whereas, the Euro value of the DJIA was about 12000 in 2000, it is now
at about 8600. Capital infusion is good, but it's not good to sell on
the cheap.
It's great for US export markets too, and don't give me that horseshit
about "exporting jobs".
Why would I? A cheap dollar makes domestic manufactured goods and
services more competitive.
A cheap dollar means interest rates must climb to attract foreign
investment which slows the economy. And a cheap dollar means inflation.
So, say it with me:
"Stagflation"
(It's That Seventies Show)
--
Mark K. Bilbo a.a. #1423
EAC Department of Linguistic Subversion
------------------------------------------------------------
“We move toward a lofty ideal. On some great and
glorious day the plain folks of the land will reach
their heart's desire at last, and the White House will
be adorned by a downright moron.”
- H. L. Mencken
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| User: "Fred Stone" |
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| Title: Re: Mission Accomplished |
28 Nov 2007 05:38:19 PM |
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"Mark K. Bilbo" <gmail@com.mkbilbo> wrote in
news:-LydnbgGkaH9eNDanZ2dnUVZ_jGdnZ2d@giganews.com:
On Wed, 28 Nov 2007 16:18:39 -0500, Geoff wrote:
Fred Stone wrote:
It's great for investment...there is foreign capital coming in and
buying equity that is way undervalued on the international market.
Whereas, the Euro value of the DJIA was about 12000 in 2000, it is
now at about 8600. Capital infusion is good, but it's not good to
sell on the cheap.
It's great for US export markets too, and don't give me that
horseshit about "exporting jobs".
Why would I? A cheap dollar makes domestic manufactured goods and
services more competitive.
A cheap dollar means interest rates must climb to attract foreign
investment which slows the economy. And a cheap dollar means
inflation.
Not if there is good economic growth. Which there is, no matter how hard
you huff and puff about nonexistent statistics.
So, say it with me:
"Stagflation"
(It's That Seventies Show)
--
Fred Stone
aa# 1369
Liberal: a power worshipper without power. - George Orwell
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| User: "Matt Silberstein" |
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| Title: Re: Mission Accomplished |
05 Dec 2007 09:37:51 PM |
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On 28 Nov 2007 01:24:24 GMT, in alt.atheism , Fred Stone
<fstone69@earthling.com> in
<Xns99F5CFEEC7364freddybear@216.151.153.44> wrote:
"Mark K. Bilbo" <gmail@com.mkbilbo> wrote in
news:1rKdnX5GCZjKINHanZ2dnUVZ_t3inZ2d@giganews.com:
...In the mean time, the
dollar is down about a third...
And for some strange reason you consider this to be a bad thing...
Do you not understand the problems here? If so, I can try to explain,
but I don't want to bother if you are just trolling.
--
Matt Silberstein
Do something today about the Darfur Genocide
http://www.beawitness.org
http://www.darfurgenocide.org
http://www.savedarfur.org
"Darfur: A Genocide We can Stop"
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