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

[NeverEndingMe]

clearly, Merc is a carpet bagger and wants you to pay for his lifestyle

Tough shit! I was never entitled to a lifestyle I couldn't pay for myself with my own hard work. People shouldn't have children they can't afford to raise on their own, why the fuck should society have to foot the bill?






Let the market decide what their wage should be.






No I don't. When the Government forces employers to pay people more than they are worth it is a form of discrimination against those people, who might have been hired at a lower wage. but now will not be hired at all at the minimum wage imposed by government.

In real terms the law states: It is illegal for those Americans who cannot produce goods or services at the prescribed government level, to be hired in the United States of America. Pure and simple.

 

[koalabear]

Bank of America's earnings aren't real

This morning we saw a seemingly impressive earnings report from Bank of America (BAC). Revenue was up. Profits beat expectations. Good news, right?


Not so much. A closer look at the numbers shows some fuzzy math that only a contortionist could feel comfortable with. The real bottom line is that Bank of America earnings are still ugly and that the entire financial sector remains a very risky bet.


Here are the headline numbers: Bank of America earnings rose by $6.2 billion, or 56 cents per share. Revenue was up 6% at $28.8 billion. Wall Street was expecting EPS of 20 cents on revenue of $25.95 billion, so it all looks pretty good on paper.


But the latest quarter's earnings figure included $4.5 billion in "fair value adjustments." In short, this means a bank can decide how much its assets and liabilities are worth on its own. For instance, a few days earlier, both JPMorgan (JPM) and Citigroup (C) said the spread between their debt and U.S. Treasurys led to "profits."


http://money.msn.com/ways-to-invest/article.aspx?post=1dd2e490-c887-4ffa-ad3e-8de480a14d1d

 

[unregistered]

 

[1sickbastard]

Obama will declare his solidarity with the mini Communist revolution forming up on Wall Street tonight:


Obama on Occupy Wall Street: 'We Are on Their Side'
3:02 PM, Oct 18, 2011 • By DANIEL HALPER

http://www.weeklystandard.com/blogs/obama-occupy-wall-street-we-are-their-side_598251.html

But is the OWS movement on his?

 

[mercury14]

Obama will declare his solidarity with the mini Communist revolution forming up on Wall Street tonight:


Obama on Occupy Wall Street: 'We Are on Their Side'
3:02 PM, Oct 18, 2011 • By DANIEL HALPER

http://www.weeklystandard.com/blogs/obama-occupy-wall-street-we-are-their-side_598251.html

How come your opinion of well, everything is always exactly that of Fox News talk show hosts? Can you give an a single example where you think for yourself?

 

[koalabear]

How come your opinion of well, everything is always exactly that of Fox News talk show hosts? Can you give an a single example where you think for yourself?

How come yours is exactly like a maintenance man's, MORON.

 

[busybody..]

Obama will declare his solidarity with the mini Communist revolution forming up on Wall Street tonight:


Obama on Occupy Wall Street: 'We Are on Their Side'
3:02 PM, Oct 18, 2011 • By DANIEL HALPER

http://www.weeklystandard.com/blogs/obama-occupy-wall-street-we-are-their-side_598251.html

actually, now he wont meet with em

seems the WALL STREEY GUYS have told the NIGGERS this...........



Banking Execs To Dems After Circulating Petition To Support Occupy Wall Street: “What Are You Doing? Do You Even Understand Some of The Things They’ve Called For?”




“You can’t have it both ways.”


(Politico) — After the Democratic Congressional Campaign Committee sent a recent email urging supporters to sign a petition backing the wave of Occupy Wall Street protests last week, phones at the party committee started ringing.

Banking executives personally called the offices of DCCC Chairman Steve Israel (D-N.Y.) and DCCC Finance Chairman Joe Crowley (D-N.Y.) demanding answers, three financial services lobbyists told POLITICO.

“They were livid,” said one Democratic lobbyist with banking clients.

The execs asked the lawmakers: “What are you doing? Do you even understand some of the things that they’ve called for?” said another lobbyist with financial services clients who is a former Democratic Senate aide.

Democrats’ friends on Wall Street have a message for them: you can’t have it both ways.

President Barack Obama and other top Democrats are parroting the anti-corporate rhetoric running through the Occupy Wall Street protests, trying to tap into the movement’s energy but keep the protesters at arms’ length.

But many bankers aren’t buying the distinction. And some financial services lobbyists and industry insiders say the liberal line will make swing givers think twice before opening their checkbooks this year.

 

[unregistered]

 

[mercury14]

Merc, you big dummy...

Minimum wage is an introductory wage in which NOBODY is stuck forever...

It's hard to even find one unless you're illegal.

It's one of the Left's favorite (and fallacious) Sophisms...

As you know, minimum wage establishes a baseline. If min wage is dropped back to $5 per hour we'd see a lot of people making $5.25.

And what do you think would happen if we abolished it completely?

 

[koalabear]

This morning we saw a seemingly impressive earnings report from Bank of America (BAC). Revenue was up. Profits beat expectations. Good news, right?


Not so much. A closer look at the numbers shows some fuzzy math that only a contortionist could feel comfortable with. The real bottom line is that Bank of America earnings are still ugly and that the entire financial sector remains a very risky bet.


Here are the headline numbers: Bank of America earnings rose by $6.2 billion, or 56 cents per share. Revenue was up 6% at $28.8 billion. Wall Street was expecting EPS of 20 cents on revenue of $25.95 billion, so it all looks pretty good on paper.


But the latest quarter's earnings figure included $4.5 billion in "fair value adjustments." In short, this means a bank can decide how much its assets and liabilities are worth on its own. For instance, a few days earlier, both JPMorgan (JPM) and Citigroup (C) said the spread between their debt and U.S. Treasurys led to "profits."


http://money.msn.com/ways-to-invest/article.aspx?post=1dd2e490-c887-4ffa-ad3e-8de480a14d1d

Dow soars as bank stocks lead market

Bank of America and Goldman Sachs pace stocks amid a late rally.


Buy suckers buy!

 

[busybody..]

And what do you think would happen if we abolished it completely?

You, NIGGERPOONZANDI would get LESS for your labor

 

[mercury14]

I've had a conservative opinion before you, and FOX, were born, and before anyone ever heard of Rush Limbaugh. So, drop dead Colonel...by the numbers.

You didn't answer my question.

You literally echo every scrap of their narrative here on a daily basis. Why do you do that?

 

[unregistered]

 

[busybody..]

You didn't answer my question.

You literally echo every scrap of their narrative here on a daily basis. Why do you do that?

This is dumb, even for you, NIGGERPOONZANDI

 

[koalabear]

This is dumb, even for you, NIGGERPOONZANDI

He comes from a group of stupid shared accounts, you can't really blame him.

 

[unregistered]

 

[mercury14]

No, he rejects everything based on traditional liberalism.

He truly believes that wealth is created at the bottom of the pyramid and stolen by the top.

He's actively engaged in that new-age liberal fallacy of an evolved society and that greed only exists at the top of the pyramid and if that top is removed, by force, then everyone will share and play nice...

And you believe Reagan wasn't really shot. He faked it.

AJ, you support trickle-down economics... and then attack anyone who calls you on your shit with straw man arguments. Nevermind that it's never been shown to work, and even shown not to work.

The problem with trickle-down economics is that it doesn't trickle. It breeds great wealth in the hands of a select few while crushing the middle class and working class. It depresses consumer demand by shifting wealth into the hands of hoarders while moving it away from those who spend. It's a job killer.

 

[IrezumiKiss]

No they echo my sentiments, which are the majority sentiments.

Oh, but check this out...the majority favors gay marriage. Guess you lost that battle, huh?

 

[mercury14]

No they echo my sentiments, which are the majority sentiments.

Yes, even when poll numbers dramatically oppose the junk opinions they spoon feed you, it's still the majority sentiment. They tell you it's the majority sentiment so that's what you immediately believe without question.

 

[unregistered]

 

[mercury14]

Oh, but check this out...the majority favors gay marriage. Guess you lost that battle, huh?

It's a very long list.

The majority favors a surtax on millionaires, including a large percentage of Republicans

The majority favors most parts of health care reform when it's polled as separate bits

The majority is against cuts to Medicare, Medicaid, and social security.


Vetteman believes none of this though because he lets idiot propagandists think for him.

 

[unregistered]

 

[mercury14]

As well as more people who are worth less than the minimum wage would be employed.

Name one business in the history of America that couldn't afford to hire enough workers to meet consumer demand because minimum wage was too much compensation.

If you can't answer this question then you have no point.

 

[mercury14]

Where do you get your inanity?

Way to bail out when you're exposed as a fraud/liar.

 

[unregistered]