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

[unregistered]

 

[JohnnySavage]

^^^^^^^
googled.

Darn you and your intuitiveness!

 

[koalabear]

Are stocks headed for a 20% drop?
BofA technical analyst doesn't put much hope in a Santa Claus rally.


Mary Ann Bartels, head of technical analysis at Bank of America Merrill Lynch, warned investors Monday that the Standard & Poor’s 500 index fell below its 50-day moving average last week and is now about to start testing the lows last seen in October, around 1,074 to 1,100.

Bertels gives even odds that those levels might not hold either, and that the S&P 500 might fall further, potentially dipping as low as 935 to 985. The index lost 1.2% on Monday to close at 1,205.35, but Bartels' forecast lows would mean a drop of another 22.5%.

http://money.msn.com/top-stocks/post.aspx?post=49aaa55a-a053-4744-bd36-32331f3f0b6a

 

[RobDownSouth]

A bond's term, or years to maturity, is usually set when it is issued. Bond maturities can range from one day to 100 years, but the majority of bond maturities range from one to 30 years. Bonds are often referred to as being short-, medium- or long-term. Generally, a bond that matures in one to three years is referred to as a short-term bond. Medium- or intermediate-term bonds are generally those that mature in four to 10 years, and long-term bonds are those with maturities greater than 10 years. The borrower fulfills its debt obligation typically when the bond reaches its maturity date, and the final interest payment and the original sum you loaned (the principal) are paid to you.


http://apps.finra.org/investor_information/smart/bonds/102000.asp

Thanks....I can accept a definition of 1 to 3 years for short-term.

I'm still uncomfortable calling a 5 to 10 year obligation "short term".

Middle ground...we has it.

You see, AJ? This is how adults discuss their differences.

 

[koalabear]

Europe worries drag on stocks............again

Dow 12,000.73 -102.85

 

[koalabear]

http://bottomline.msnbc.msn.com/_ne...ial-housing-market-was-sicker-than-we-thought

The NAR's monthly sales data is a critical input for a host of widely-watched forecasts generated by public and private economists - from Wall Street to the Federal Reserve. Investors make big bets based on the data. Debates on government policy, from the White House to Capitol Hill, rely on this barometer of the health of the housing industry, a critical pillar of the U.S economy.

 

[4est_4est_Gump]

Thanks....I can accept a definition of 1 to 3 years for short-term.

I'm still uncomfortable calling a 5 to 10 year obligation "short term".

Middle ground...we has it.

You see, AJ? This is how adults discuss their differences.

http://forum.literotica.com/showthread.php?t=745068

You have no standing whatsoever to lecturer people about how adults handle discourse.

I stand by the predictions I made at the beginning of this thread, that as long as Obama is President we will enjoy a Lost Decade, a stagnant economy and and economic pattern that mirrors our great depression will some temporary, but short-lived bright spots.

It's been there the whole fucking time.

I said, to you, that I can predict two things based on the outcome of this election, the inference being, but it must have been over your head, that we will continue this pattern or Obama will lose and business will gain hope and confidence again. Am I going to give hard and fast numbers on such a meaningless indicator as the stock market, which, btw, is one of the hallmarks of this thread, every time it improves slightly, the Democrats rush in with glee as if it is a significant economic indicator?

Have I ever done that?

Grow up.

 

[koalabear]

Stocks rally as jobless claims fall The Dow rises more than 50 points. The market is

Thank Oblamer for Christmas temp jobs.

 

[4est_4est_Gump]

How the "rich" keep the little guy down...

Car enthusiasts will likely wince when they hear what one US man who won a $380,000 Murcielago Roadster did just hours after it was delivered—he crashed it. David Dopp was giving family and friends rides in his new luxury sports car when it hit a patch of ice, started spinning, and crashed through some fence posts before coming to rest in a field. The Lamborghini sustained front-end damage, a punctured wheel, and scratches. Luckily for Dopp, the car was insured and will be repaired. Once the car is fixed, however, Dopp will have to part with it for good. The taxes on the car and the $7,000 annual insurance premiums are beyond his means, so he will have to sell it.

http://www.reuters.com/article/2011/12/22/us-lamborghini-crash-idUSTRE7BL07U20111222

Taxation keeps them out of the clubhouse and off the green...

 

[Wat_Tyler]

He needs a better accountant.

 

[4est_4est_Gump]

He needs a better accountant.

Petey loves knowing that his single-wide is owned by the bank and the local tax assessor...



He loves paying his fair share! After all, what with the truck, it comes up to an annual $1.385...

 

[RobDownSouth]

http://forum.literotica.com/showthread.php?t=745068

You have no standing whatsoever to lecturer people about how adults handle discourse.

I stand by the predictions I made at the beginning of this thread, that as long as Obama is President we will enjoy a Lost Decade, a stagnant economy and and economic pattern that mirrors our great depression will some temporary, but short-lived bright spots.

It's been there the whole fucking time.

I said, to you, that I can predict two things based on the outcome of this election, the inference being, but it must have been over your head, that we will continue this pattern or Obama will lose and business will gain hope and confidence again. Am I going to give hard and fast numbers on such a meaningless indicator as the stock market, which, btw, is one of the hallmarks of this thread, every time it improves slightly, the Democrats rush in with glee as if it is a significant economic indicator?

Have I ever done that?

Grow up.

Oh AJ, I'd tell you that you were such a sensitive little bitch when you wake up in the morning, but that'd probably trigger traumatic memories of your time spent in naval brigs....

Yes, you're on the record of predictin' doom and gloom during the duration of the Obama administration. By my calculations, you've been doing that since roughly three hours after Obama was elected, even before the man took office. You didn't need pesky things like "facts" to bolster your opinion, you just "knew" and you've been spreading your "knowledge" in this thread for years now.

You'll never give hard and fast numbers on anything ever again, I suspect. Every time you do, those numbers come back and bite you on the ass, don't they? Sorta like your imaginary tax rates on the FairTax.

You're not an intelligent person, AJ, that much has become pretty clear through the years. You are, however, quite clever. You've learned the hard way not to pin yourself down to any one position with facts or numbers. You give your huge amounts of latitude by salting what little original rhetoric you spew (as opposed to your daily cut-n-paste spewnami) with caveats and weasel words.

Now go ahead and whine that I'm picking on you, pull out that well-worn victim card....

 

[4est_4est_Gump]

http://forum.literotica.com/showthread.php?t=745068

You have no standing whatsoever to lecturer people about how adults handle discourse.

...

Grow up.

.....

 

[4est_4est_Gump]

Mike Whalen, CEO of Heart of America Group, which runs hotels and restaurants, said that when he asked his company’s health insurance experts to summarize the impact of Obamacare, “the three of them kind of looked at each other and said, ‘We’ve gone to seminar after seminar, and, Mike, we can’t tell you.’ I think that just kind of sums up the uncertainty.”

Brad Anderson, CEO of Best Buy, added that Obamacare makes it impossible to achieve even basic certainty about future personnel costs:

“If I was trying to get you to fund a new business I had started and you asked me what my payroll was going to be three years from now per employee, if I went to the deepest specialist in the industry, he can’t tell me what it’s actually going to cost, let alone what I’m going to be responsible for.”

You would think a piece of legislation more than a thousand pages long would at least be clear about the specifics. But a lot of those pages say: “The secretary will determine ...” That means the secretary of Health and Human Services will announce the rules sometime in the future. How can a business make plans in such a fog?

John Allison, former CEO of BB&T, the 12th biggest bank in America, pointed out how Obamacare encourages employers not to insure their employees. Under the law, an employer would be fined for that. But the penalty at present—about $2,000—is lower than the cost of a policy.

“What that means is in theory every company ought to dump their plan on the government plan and pay the penalty,” he said. “So you don’t really know what the cost is because it’s designed to fail.”

Of course, then every employee would turn to the government-subsidized health insurance. Maybe that was the central planners’ intention all along.

An owner of 12 IHOPS told me that he can’t expand his business because he can’t afford the burden of Obamacare. Many of his waitresses work part time or change jobs every few months. He hadn’t been insuring them, but Obamacare requires him to. He says he can’t make money paying a $2,000 penalty for every waitress, so he’s cancelled his plans to expand. It’s one more reason why job growth hasn’t picked up post-recession.

Of course, we were told that government health care would increase hiring. After all, European companies don’t have to pay for their employees’ health insurance. If every American employer paid the $2,000 penalty and their workers turned to government for insurance, American companies would be better able to compete with European ones. They might save $10,000 per employee.

That sounded good, but like so many politicians’ promises, it leaves out the hidden costs. When countries move to a government-funded system, taxes rise to crushing levels, as they have in Europe.

Whalen sees Obamacare as a crossing of the Rubicon.

“We’ve had an agreement in this country, kind of unwritten, for the last 50 years, that we would spend about 18 to 19 percent of GDP (gross domestic product) on the federal government. This is a tipping point. This takes us to 25 to 30 percent. And that money comes out of the private sector. That means fewer jobs. This is a game-changer.”

John Stossel
Reason.com

 

[RobDownSouth]

John Stossel
Reason.com

CEOs everywhere are sufferin', aren't they, brother AJ. They need succor!!

 

[NeverEndingMe]

what we need to do is send the CEO's of Freddy and Fannie to jail, them John Edwards, Chris Dodd, barney frank, and the booze running mafia connected Kennedy klan (thankfully most of them are dead)

 

[4est_4est_Gump]

$1.00 - $1.00*.30 = $.70
$.70+$.70*.30 = $.91
$.91<$1.00

Throb's reply: THAT"S A FUCKING LIE $1.00*.30%=$1.30!

YOU FUCKING LIAR!

U_D Says: YOU TELL HIM THROB!!! BUSINESS IS GREEDY AND WILL NEVER PASS ANY PRODUCTIVITY GAINS OR ANY OTHER SAVINGS ONTO THE CONSUMER; THEY EXIST ONLY TO FUCK YOU!

Throb: YOU DAMNED STRAIGHT HOMEY!

BUSINESS SUCKS! A_J STUPID! AND HE MOLESTS HIS RENTAGOOK!!!

LT says: SEE! THE GREAT BOARD THINKERS ARE ALL IN AGREEMENT!

Want proof?

http://forum.literotica.com/showthread.php?t=745068

 

[4est_4est_Gump]

Throb, a lowering tide sinks all boats.




To paraphrase JFK...

 

[RobDownSouth]

$1.00 - $1.00*.30 = $.70
$.70+$.70*.30 = $.91
$.91<$1.00

Throb's reply: THAT"S A FUCKING LIE $1.00*.30%=$1.30!

YOU FUCKING LIAR!

U_D Says: YOU TELL HIM THROB!!! BUSINESS IS GREEDY AND WILL NEVER PASS ANY PRODUCTIVITY GAINS OR ANY OTHER SAVINGS ONTO THE CONSUMER; THEY EXIST ONLY TO FUCK YOU!

Throb: YOU DAMNED STRAIGHT HOMEY!

BUSINESS SUCKS! A_J STUPID! AND HE MOLESTS HIS RENTAGOOK!!!

LT says: SEE! THE GREAT BOARD THINKERS ARE ALL IN AGREEMENT!

Want proof?

http://forum.literotica.com/showthread.php?t=745068

For those of you wondering, here is the question I asked AJ, the one that sent him shrieking off into the night.....

"Widgets are sold at the store for $1.00. The sales tax rate is 30%. How much do money do you give the cashier?"

AJ sez....$1.00!

 

[4est_4est_Gump]

The whole of Throb's post:

No AJ...it's very simple.

The price of something is $1.00

The sales tax rate is 30%.

The amount you pay the cashier is $1.00 * 1.30, or $1.30

No amount of spinning on your part can change that fact.

You will walk out of that store and your pockets will be one dollar bill, one quarter and one nickel lighter.

You can throw out non-sequiturs about embedded taxes, fair market value, phase of the moon, anything you want....

But the FACT remains, if the PRICE of something in a store is $1.00, you will PAY THE CASHIER $1.30 under the FairTax....probably more if your state has sales tax.

That's not us having a "difference of opinion", that's a FACT.

A FACT you seem to be unable or unwilling to admit.

_____________

The error in logic being the starting price. It was either more that $1.30 before the Fairtax, or he ignores the savings of the Fairtax and the claims it to be an additive tax instead of a replacement tax. No amount of civil discourse will get him to admit to this because he simply wishes it to be so.

When we ALL called him on this he went bat-shit crazy and started attacking our children, especially accusing me of having underage sex with my "rent-a-gook..."

And, he's never, ever going to give it up. Every time he begins to feel that he might not be "winning" an "adult discussion," he falls back into this loop.

He feels it's okay to be that personal and nasty, it's just his "verbal ju-jitsu..."

It's okay to call people names if it makes you look like a winner.



He'll work real, real hard to convince new people that he's a real reasonable guy, until the first time you disagree with him and he feels double-crossed, then he simply goes nuclear...

 

[RobDownSouth]

One Dollar, One Quarter and One Nickel, AJ.

Nothing more, nothing less.

 

[4est_4est_Gump]

Wow, you can make change...




I thought Walmart employment would have no effect on you.

 

[RobDownSouth]

The whole of Throb's post:

No AJ...it's very simple.

The price of something is $1.00

The sales tax rate is 30%.

The amount you pay the cashier is $1.00 * 1.30, or $1.30

No amount of spinning on your part can change that fact.

You will walk out of that store and your pockets will be one dollar bill, one quarter and one nickel lighter.

You can throw out non-sequiturs about embedded taxes, fair market value, phase of the moon, anything you want....

But the FACT remains, if the PRICE of something in a store is $1.00, you will PAY THE CASHIER $1.30 under the FairTax....probably more if your state has sales tax.

That's not us having a "difference of opinion", that's a FACT.

A FACT you seem to be unable or unwilling to admit.

_____________

The error in logic being the starting price. It was either more that $1.30 before the Fairtax, or he ignores the savings of the Fairtax and the claims it to be an additive tax instead of a replacement tax. No amount of civil discourse will get him to admit to this because he simply wishes it to be so.

When we ALL called him on this he went bat-shit crazy and started attacking our children, especially accusing me of having underage sex with my "rent-a-gook..."

And, he's never, ever going to give it up. Every time he begins to feel that he might not be "winning" an "adult discussion," he falls back into this loop.

He feels it's okay to be that personal and nasty, it's just his "verbal ju-jitsu..."

It's okay to call people names if it makes you look like a winner.



He'll work real, real hard to convince new people that he's a real reasonable guy, until the first time you disagree with him and he feels double-crossed, then he simply goes nuclear...

Experienced AJ-watchers know that when AJ does not link to a controversial post, there's usually a good reason, i.e. he's hiding something.

I would ask that everyone go over to that Fairtax thread and see how it played out (versus AJ's little revisionism here).

Bottom line: AJ thinks it's a "difference of opinion" to object to someone claiming that "price" is a synonym for "cost", and he whines when you point out that he cannot substitute "tax inclusive" rates arbitrarily for "tax exclusive" rate.

That thread was also noteworthy in that virtually every Lit conservative, with the exception of Ishmael of course, abandoned AJ when he began making basic math errors all over the place.

That thread is now one of the major reasons AJ refuses to use hard numbers in his political arguments. He knows we'll challenge his faulty math, and he knows his "bros" don't have his back on the math related issues.

 

[4est_4est_Gump]

Experienced AJ-watchers know that when AJ does not link to a controversial post, there's usually a good reason, i.e. he's hiding something.

I would ask that everyone go over to that Fairtax thread and see how it played out (versus AJ's little revisionism here).

Bottom line: AJ thinks it's a "difference of opinion" to object to someone claiming that "price" is a synonym for "cost", and he whines when you point out that he cannot substitute "tax inclusive" rates arbitrarily for "tax exclusive" rate.

That thread was also noteworthy in that virtually every Lit conservative, with the exception of Ishmael of course, abandoned AJ when he began making basic math errors all over the place.

That thread is now one of the major reasons AJ refuses to use hard numbers in his political arguments. He knows we'll challenge his faulty math, and he knows his "bros" don't have his back on the math related issues.

IT'S THE LINK YOU PROVIDED AND I C&P'd THE WHOLE FUCKING POST EVEN KNOWING HOW MUCH YOU HATE C&P JUST TO SHOW WHO WAS ACTUALLY "HIDING" SOMETHING.


​

lol

At this point who would care look it up when you easily prove what I say?

I said you omitted something pertinent, and then you go an, again, omit something pertinent...

Thanks for the morning ~giggles~ there *Bubbles*!

 

[RobDownSouth]

A quick guide to AJ posting meltdowns:

Does an AJ post contain:

Different random fonts? 1 point
Different random colors? 1 point
Different font sizes? 1 point each size greater than 2
Random Boldface type? 1 point
Random Italics type? 1 point
Song fragment? 1 point
Random non-sequitur? 1 point
Picture of Barack Obama? 2 points
Reference to "cloward piven"? 5 points
Reference to "federalist papers"? 5 points
Reference to "igor's goat"? 5 points