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

[Saint Peter]

That thread was neato!

Where did you steal it from?

 

[4est_4est_Gump]

Seven Rules of Bureaucracy

...

Rule #7: Demonize the truth tellers who have the temerity to say, "The emperor has no clothes."

Rule 7a: Accuse the truth teller of one's own defects, deficiencies, crimes, and misdemeanors.

http://mises.org/daily/5955/The-Seven-Rules-of-Bureaucracy

The accompanying explanations are a great read; Corzine should look them over...

Could also be entitled the 7 rules for Democrat thinking...

 

[4est_4est_Gump]

Speaking of education and bubbles, here's one I've been tracking for some time now...

One trillion dollars in debt. No, I’m not talking about credit card debt, or mortgage debt, or government debt.

I’m talking about student loan debt.

According to the Consumer Financial Protection Bureau, that would be 16 percent higher than previous estimates by the Federal Reserve Bank of New Nork.

That debt has doubled in just the past five years, and it's pretty easy to see why.

For one, more and more Americans are going to college.

One of the reasons is to escape the critically low jobs market.

Between 1999 and 2009, enrollment in the nation's colleges has increased 38 percent. The decade before the jump was just nine percent.

And colleges are charging students more and more to attend school.

http://www.foxbusiness.com/on-air/willis-report/blog/2012/03/22/other-debt-time-bomb

It's clear that when government gets involved, all rational cost curves go out the window.

It's also clear that it will become politically popular, now that health care has given the loan business to the government, in search of voters to forgive that debt...

It is a bad, very bad idea to let the Capitol control Capital.

Some of these people, like the home owners before NEED to be denied loans. It's not cruel, mean or selfish to say that if the desired outcome is to decrease the cost of education.

 

[Saint Peter]

Some of these lessons are going to hit home like a brick. Students are offered money constantly. The banks hand out candy while pushing credit cards and loans. School loans are everywhere.

School loans do not only pay for tuition, those same loans pay for room and board. Room and board used to be living in the dorm and eating dorm food. Now room and board is all about cool phones, fast computers, eating out, and drinking like a fish.

Bad choices made today are going to cause a lifetime of debt.

 

[RobDownSouth]

Does the intelligent man post his own thoughts, or copy and paste the thoughts of others?

Am I an artist if I run the painting through the copy machine?

The intelligent man posts his own thoughts.

AJ is not interested in discussion, he's interested in drowning out opinions and facts that run contrary to his view of the world.

As such, we have a cut-n-paste spewnami from AJ most days between 6 a.m. and 8:30 a.m CDT. The spewnami has grown exceptionally more bellicose with fringe opinion since even AJ can no longer deny that the United States economy is recovering.

 

[busybody..]

Hey Yo, Robby, I keep calling you, NIGGERPOON, opps, my bad, should be NIGGERPOOP, may G-D Bless you with a LONG LIFE, so you can see the DEATHS of all your family, close and distant......

 

[richard_daily]

http://www.americanthinker.com

You'd think he could just put it in his sig line or something...

 

[4est_4est_Gump]

If you thought gas prices will never stop rising, just wait until you see what happens to electricity after the Barack Obama’s EPA gets its way. The agency will deliver on Obama’s election promise to bankrupt any new coal-fired electrical production in its first-ever regulations on greenhouse-gas emissions, the Washington Post reports. The new regulatory regime will all but guarantee that new coal-fired plants won’t be built to replace others shutting down:

http://hotair.com/archives/2012/03/...hrough-first-ever-greenhouse-gas-regulations/

 

[RobDownSouth]

You'd think he could just put it in his sig line or something...

It's hard to drown out opposing viewpoints just using your sig line.

That's why AJ resorts to the Morning Spewnami of American Thinker editorials.

He's really upset that America is in an economic recovery.

He was soooo sure we'd have hyper-inflation and stuff.

 

[richard_daily]

It's hard to drown out opposing viewpoints just using your sig line.

That's why AJ resorts to the Morning Spewnami of American Thinker editorials.

He's really upset that America is in an economic recovery.

He was soooo sure we'd have hyper-inflation and stuff.

He doesn't drown anyone out, he just makes himself look like an idiot, but running away from every time he's made to look like a fool. Then coming back a day or two later and resuming the C&P fest.

 

[mercury14]

It's hard to drown out opposing viewpoints just using your sig line.

That's why AJ resorts to the Morning Spewnami of American Thinker editorials.

He's really upset that America is in an economic recovery.

He was soooo sure we'd have hyper-inflation and stuff.

Hyperinflation, deflation, stagflation, and a three separate predictions of double-dip recessions compose AJ's track record on the economy. He wants you to to ignore the fact that he just failed at a half dozen predictions and somehow grant him full credit from this point forward.

 

[RobDownSouth]

Hyperinflation, deflation, stagflation, and a three separate predictions of double-dip recessions compose AJ's track record on the economy. He wants you to to ignore the fact that he just failed at a half dozen predictions and somehow grant him full credit from this point forward.

Harrrumph...Did YOU make a shit ton of money investing in Pacific Rim (and getting out at the market top in January) like AJ the Market Timer did?

 

[mercury14]

Harrrumph...Did YOU make a shit ton of money investing in Pacific Rim (and getting out at the market top in January) like AJ the Market Timer did?

We had a large chunk of our portfolio in a series of emerging market Pacific rim mutual funds when they had their run a couple years back. One was through my 401k but mostly it was through private investing. After the stock market bottomed out these things put on tremendous value.

We got out of them way before January though... It's been quite a while. I remember handling their capital gains last tax season. I haven't been focused on that aspect of the market in some time and had no idea its peak was in January. Regardless, Pac Rim emerging markets had their run long ago, so even its peak was technically in January I don't believe it's returns have been wiz-bang in a while.

There's no way AJ invested in Pac Rim funds back in 2009 because he's already been quoted saying he cashed out his 401k at that time. Besides, with all the market doom and gloom he predicted there's simply no way he would have been investing like it was a bull market.

 

[mercury14]

Here are some of my current stock positions for documentation purposes for when AJ wants to accuse me of making bad picks later on. I invest in stocks purely for income rather than retirement savings. We'll be selling out of much of this soon to buy a house this summer.

Coca-cola (newly bought)
Schlumberger
Transocean
Apache
Vale
Red Hat
Microsoft
AMD
Nestle
Umm... I'm probably forgetting one or two.

Recently sold out of Baker Hughes just before the end of the year and took a loss just in time to include it on the 2011 tax year... bought more Apache.

I've also been in a bond fund lately just to see our house money grow a bit in relative safety. It's return is way better than I imagined...

 

[NeverEndingMe]

Here are some of my current stock positions for documentation purposes for when AJ wants to accuse me of making bad picks later on. I invest in stocks purely for income rather than retirement savings. We'll be selling out of much of this soon to buy a house this summer.

Coca-cola (newly bought)
Schlumberger
Transocean
Apache
Vale
Red Hat
Microsoft
AMD
Nestle
Umm... I'm probably forgetting one or two.

Recently sold out of Baker Hughes just before the end of the year and took a loss just in time to include it on the 2011 tax year... bought more Apache.

I've also been in a bond fund lately just to see our house money grow a bit in relative safety. It's return is way better than I imagined...

guessing you purchase all that stock with Monopoly money

 

[richard_daily]

guessing you purchase all that stock with Monopoly money

What is it that you do for a living again, Jenin?

 

[Beco]

That thread was neato!

Where did you steal it from?

It started out as a thread on the economy....that is, until Dick Daily got involved here.....

 

[unregistered]

 

[RobDownSouth]

Hey Merc Clown, we were talking not too long ago about Obama's fucked up budget and how it was going to be rejected out of hand, and how he knew it would, well the House just voted 414-0 to flush it down the shitter. Not a single Democrat voted for it.

Ready to man up and give us a prediction for the 2012 presidential election yet? Hmmmm?

 

[unregistered]

 

[RobDownSouth]

http://i53.photobucket.com/albums/g79/jbravo688/chirping-crickets-.jpg

Impatient little bitch you are!

Merc hasn't been on for 8 hours but you expect a response in 7 minutes?

DERP!!!

 

[richard_daily]

Impatient little bitch you are!

Merc hasn't been on for 8 hours but you expect a response in 7 minutes?

DERP!!!

Ask him about his cybering Ken, and see how long it takes for him to answer...

 

[koalabear]

Ask me about cybering Ken, and see how long it takes for me to answer...I'm still heartbroken...........

 

[richard_daily]

Ah, here's vete's lover now...

 

[koalabear]

Ah, here's vete's lover now...

Try to contain your jealousy lil fag chihuahua.