What happened to all of the doom and gloom economic threads?

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perfect, you found 1 person. awesome

lets shut down: google, hp, microsoft, dell.....and all the other companies that helped build wealth

What do you mean by one person? Do you know what Bosch is?

Do you not think that Bosch build wealth? Do you not think it better how they distribute that wealth?

How much tax do you think you would have to pay if all companies distributed a large part of their profits to social causes like Bosch?

Woof!
 
I guess it works, at least for a while, for the government social elite, those parasites who drain the economy of it vitality for as long as it takes to eventually kill the golden goose.

that is what a lot of "them" do not understand.

we must bring socialism to America, so that obama can lower the standards of living
 
that is what a lot of "them" do not understand.

we must bring socialism to America, so that obama can lower the standards of living

LMFAO!!! because being right above mexico in education, bottom of the shit box in health care, number one for imprisonment and taxation allredy on par with socialist nations with none of the perks...god I would hate to give that all up
 
So how long will the lame-duck's unemployment benefit extensions be for since we will have the funding of the expired Bush tax cuts?

Three years?
 
One wonders what they will do out of revenge.




Then again, they may take it out on dear leader for taking them down this road from a safe seat...
 
On one level, this is cause for celebration. Housing for sale has become more affordable. And affordability is the goal, right? Yet there are some real downsides. For example, price deflation shrinks home equity, the main source of household net worth. A recent study by Goldman, Sachs concluded that a 1 percent decline in home prices depresses household wealth by around $170 billion. Deflation also causes dwellings to stay on the market longer. The inventory backlog, normally about six months for existing homes for sale, is now up to at least one year. Housing, like the larger economy, goes through an inevitable boom-and-bust cycle. It’s now in bust mode. Artificial stimulants like the Home Affordable Modification Program merely ensure the next downturn will be more severe. Even if HAMP were succeeding on its own terms – that is, if it kept all participants in their homes and avoided defaults – it still would constitute a major wealth transfer. The program rests on the assumption that homeowners behind on their mortgage payments are entitled to a subsidy from homeowners either current on their payments or titleholders free and clear. It is a false assumption. A successful bailout is still a bailout.

http://townhall.com/columnists/Carl...vention_another_bailout_boondoggle/page/full/

I would suggest a full reading, but you'll look at the link and immediately think "rw-source."

Lies, propaganda, smears, misinformation,
There's no fucking or ongoing deflation...

A_J said there would be one and then an inflation! What a MORON!!!
 
... and then there's the inflation that will keep us depressed (you know, like doom and gloom) for some time to come.


http://mises.org/daily/4691


And remember, there were up periods even in the depression, points at which many were sure that we had stepped back from the brink thanks to government programs and policies...
 
... and then there's the inflation that will keep us depressed (you know, like doom and gloom) for some time to come.


http://mises.org/daily/4691


And remember, there were up periods even in the depression, points at which many were sure that we had stepped back from the brink thanks to government programs and policies...

Inflation has to happen. T-bill implosion is next.
 
Pretty much agree.





Eventually we have to default on our debt; inflation is usually a government's first choice. It gives the appearance of honoring obligations...
 
Those are just some of the reasons why...

UD, where are you? Tell us how it's all part of the recovery:

:D


Private sector sheds 39,000 jobs in September

http://finance.yahoo.com/news/Private-sector-sheds-39000-rb-1277482169.html?x=0&.v=1

AP-GfK Poll: Working-class whites shun Dems


http://apnews.myway.com/article/20101006/D9IM5PT80.html

Middle Class Slams Brakes on Spending

http://online.wsj.com/article/SB100...41401915382.html?mod=WSJ_hpp_MIDDLETopStories

Food Stamp Recipients at Record 41.8 Million Americans in July, U.S. Says

http://www.bloomberg.com/news/2010-...-41-8-million-americans-in-july-u-s-says.html

Goldman Sachs Says U.S. Economy May Be `Fairly
Bad'

By Alan Bjerga - Oct 5, 2010 1:46 PM PT

http://www.bloomberg.com/news/2010-...y-to-be-fairly-bad-recession-is-possible.html

New Yorkers' Income Falls for 1st Time in 70 Years


http://www.cnbc.com/id/39531849



House Speaker Pelosi and Senate Majority Leader Reid will be history come January. Is there any doubt?
 
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