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

[mercury14]

But all the rotting corpses will produce carbon emissions....

Rotting corpses only emit CO2 that was invested into them. They're all part of the carbon cycle so all that bloating nastiness will not raise greenhouse gas levels

 

[Beco]

Food prices set to double by 2030, aid group says
925 million people go hungry every day, according to Oxfam report


That should help cutback on carbon emissions.

2030? We are all Mad Max by then....I'll be way too old to enjoy it.

 

[JenAltArmy]

Or you could look at the longer term trend. Which is more meaningful?

well seeing that you have your head up your ass as with ALL obama supporters.

I hope that we are now, too smart to fail

yet obama is out spending like a 3 dollar hooker at a drug store

 

[koalabear]

Stocks tumble on weak economic data

http://money.msn.com/market-news/post.aspx?post=7f87404d-d2b8-4d42-bb2b-22101ad3f95a

 

[busybody..]

One has to be a total NIGGER to not see what the NIGGER has done and is doing!


Wall Street Baffled by Slowing Economy, Low Yields: Trader
Published: Wednesday, 1 Jun 2011 | 11:06 AM ET Text Size By: Margo D. Beller
Special to CNBC.com


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Wall Street is having a hard time figuring out what to do now that the U.S. economy appears to be sputtering and yields are so low, Peter Yastrow, market strategist for Yastrow Origer, told CNBC.

"What we’ve got right now is almost near panic going on with money managers and people who are responsible for money," he said. "They can not find a yield and you just don’t want to be putting your money into commodities or things that are punts that might work out or they might not depending on what happens with the economy.

"We need to find real yield and real returns on these assets. You see bad data, you see Treasurys rally, you see all bonds and all fixed-income rally and then the people who are betting against the U.S. economy start getting bearish on stocks. That’s a huge mistake."

Stocks extended losses after the manufacturing fell below expectations in May and the private sector added only 38,000 jobs during the month.

"Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything," Yastrow said. "We’re on the verge of a great, great depression. The [Federal Reserve] knows it.


"We have many, many homeowners that are totally underwater here and cannot get out from under. The technology frontier is limited right now. We definitely have an innovation slowdown and the economy’s gonna suffer."

 

[koalabear]

Private employers added a meager 38,000 jobs in May

Downbeat ADP data seen as bellwether for government’s monthly jobs report

http://www.msnbc.msn.com/id/43234997/ns/business-stocks_and_economy

 

[unregistered]

 

[unregistered]

 

[koalabear]

Can UD get there before the closing bell and let them know that all is well, and that we are in recovery???????????????????????

UD/Merc are no doubt checking out the Soros blogs as we post.

 

[unregistered]

 

[mercury14]

things are looking good for government hacks however:

77,000 federal workers paid more than governors
Government salaries put under scrutiny

By Stephen Dinan
The Washington Times


More than 77,000 federal government employees throughout the country — including computer operators, more than 5,000 air traffic controllers, 22 librarians and one interior designer — earned more than the governors of the states in which they work.

The findings, from a Congressional Research Service report requested by Sen. Tom Coburn, Oklahoma Republican, were released at a time when public workers’ salaries and benefits are under scrutiny across the country as governments try to streamline.

CRS reviewed 2009 salary figures, the most recent available, and found 77,057 employees who earned more in annual pay than their respective governors. Of those workers, 18,351 were doctors — the highest percentage. The second-highest total was for 5,170 air traffic controllers — likely both front-line controllers and their supervisors.

In Maryland, 7,283 federal employees — about 7 percent of all full-time federal employees in the state — earned more than Gov. Martin O'Malley’s $150,000 salary. Maryland was topped by Colorado, which in 2009 had 10,875 employees who made more than the $90,000 salary of the governor, Bill Ritter.

More here:

http://www.washingtontimes.com/news/2011/may/31/77000-feds-paid-more-than-governors/

Governoners don't make that much. Why do you think they should when plenty of people would do it for free?

Coburn's report found that the highest percentage in this group were doctors who are far more educated, more skilled, and more in-demand than goveroners. Anyone can be goveroner - see Sarah Palin.

 

[mercury14]

UD/Merc are no doubt checking out the Soros blogs as we post.

No, sucking cock on blog sites is a right wing trick here, Koala. You've... never noticed that this board is massively spammed by right wing bullshit propaganda and blogs? And not left wing ones?

Really?

Can UD get there before the closing bell and let them know that all is well, and that we are in recovery???????????????????????

No we're not in recovery. We didn't add 38k jobs last month. We're still losing 600,000 per month like when Bush was last in office. You're either ignorant of basic economic concepts or you deny observation so that your hope that America fails can be preserved. Which is it?

 

[koalabear]

No, sucking cock on blog sites is a right wing trick here, Koala. You've... never noticed that this board is massively spammed by right wing bullshit propaganda and blogs? And not left wing ones?

Really?

I've noticed that everything but the center for American progress is considered right wing.

 

[mercury14]

I've noticed that everything but the center for American progress is considered right wing.

No, you've noticed righty after righty beating off on conservative blogs, calling them good sources of information.

 

[unregistered]

 

[mercury14]

Horror for US Economy as Data Falls off Cliff
Published: Wednesday, 1 Jun 2011 | 2:09 PM ET

By: Patrick Allen
CNBC EMEA Head of News

The last month has been a horror show for the U.S. economy, with economic data falling off a cliff, according to Mike Riddell, a fund manager at M&G Investments in London.

"It seems that almost every bit of data about the health of the US economy has disappointed expectations recently," said Riddell, in a note sent to CNBC on Wednesday.

"US house prices have fallen by more than 5 percent year on year, pending home sales have collapsed and existing home sales disappointed, the trend of improving jobless claims has arrested, first quarter GDP wasn’t revised upwards by the 0.4 percent forecast, durables goods orders shrank, manufacturing surveys from Philadelphia Fed, Richmond Fed and Chicago Fed were all very disappointing."

"And that’s just in the last week and a bit," said Riddell.

Pointing to the dramatic turnaround in the Citigroup "Economic Surprise Index" for the United States, Riddell said the tumble in a matter of months to negative from positive is almost as bad as the situation before the collapse of Lehman Brothers in 2008.

Rest of the news on the UD recovery here:

http://www.cnbc.com/id/43239586

And if you were a real investor you would look at this longer-term. The Dow and the economy are still ahead of where they were at the beginning of the year. Even today's plunge wasn't enough to take off more than a quarter of the gains the Dow has made since Jan 1.

We're in a soft patch and it's disappointing. But the economy is still growing, just growing slower than we'd hoped right now. Natural disasters and a war in Libya have hurt. Syria and Yemen have civil war-ish situations and Egypt isn't stable yet. Oil prices have been high (though they just ticked backwards).

(I know you're just drooling to blame everything on Obama though)

http://finance.yahoo.com/news/Signs...tml?x=0&sec=topStories&pos=main&asset=&ccode=

 

[koalabear]

No, you've noticed righty after righty beating off on conservative blogs, calling them good sources of information.

George told you that didn't he?

 

[unregistered]

 

[Ham Murabi]

And if you were a real investor you would look at this longer-term. The Dow and the economy are still ahead of where they were at the beginning of the year. Even today's plunge wasn't enough to take off more than a quarter of the gains the Dow has made since Jan 1.

We're in a soft patch and it's disappointing. But the economy is still growing, just growing slower than we'd hoped right now. Natural disasters and a war in Libya have hurt. Syria and Yemen have civil war-ish situations and Egypt isn't stable yet. Oil prices have been high (though they just ticked backwards).

(I know you're just drooling to blame everything on Obama though)

http://finance.yahoo.com/news/Signs...tml?x=0&sec=topStories&pos=main&asset=&ccode=

What have Obama and his cronies in Congress done to help the economy?

 

[JenAltArmy]

Rotting corpses only emit CO2 that was invested into them. They're all part of the carbon cycle so all that bloating nastiness will not raise greenhouse gas levels

America is about to become a rotten corpse if obama keeps spending. with obama there is no happy ending.

i'm glad that the Rep stood their ground today. time to shut the obama party down

 

[unregistered]

 

[koalabear]

Not a god damn thing.

Now wait a minute, unemployment checks are just as good as jobs!

 

[JenAltArmy]

What have Obama and his cronies in Congress done to help the economy?

lets see, obama hate the private sector.

due to obama bullshit, the private sector added a massive 38,000 jobs.

awesome!

 

[JenAltArmy]

Now wait a minute, unemployment checks are just as good as jobs!

and after a couple years people can graduate to welfare. after all welfare is the obama career

 

[mercury14]

What have Obama and his cronies in Congress done to help the economy?

This question has been answered on a plethora of threads, many of which you posted on. Not rehashing for you.