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

[rosco rathbone]

After some amount of years UD will be able to say, "see we're economically sound," but Obama will probably be gone when that happens.

OK, I'll put you down for "last laugh: not likely".

 

[4est_4est_Gump]

It's easy when the goalposts are moved.

All during the Bush years, all we heard was, "General Republican Philosophy" was destroying the Middle Class. Now, the Middle Class is still shrinking, but the blame is Wall Street, Fat Cats, CEOs...

... GREED!

But not the political class! Oh no sir, Ron, those are OUR Bureaucrats NOW!



*. . . an immense tutelary power is elevated, which alone takes charge of assuring their enjoyments and watching over their fate. It is absolute, detailed, rigid, far-seeing and mild. It would resemble paternal power if, like that, it had for its object to prepare men for manhood; but on the contrary, it seeks only to keep them fixed irrevocably in childhood; it likes citizens to enjoy themselves. It willingly works for their happiness; but it wants to be the unique agent and sole arbiter of that.
Thus, taking each individual by turns in its powerful hands and kneading him as it likes, the sovereign extends its arms over society as a whole; it covers its surface with a network of small, complicated, painstaking, uniform rules through which the most original minds and the most vigorous souls cannot clear a way to surpass the crowd; it does not break wills, but it softens them, bends them and directs them; it rarely forces one to act, but it constantly opposes itself to one’s acting; it does not destroy, it prevents things from being born; it does not tyrannize, it hinders, compromises, enervates, extinguishes, dazes and finally reduces each nation to being nothing more than a herd of timid and industrial animals of which the government is the shepherd.
Alexis de Tocqueville, Democracy in America

 

[richard_daily]

I did not ignore it.


I addressed him and then I went on to have some fun with Wat.


You are lying.

No, you did not address it.

You are lying.


See, I can do that too!

 

[4est_4est_Gump]

Yes I did liar...

 

[4est_4est_Gump]

I found myself drawn into a discussion and analysis of a chart provided by Joe Weisenthal of Business Insider. This is a graph – helpfully updated by Joe after I pressed him with questions – which tracks the value of the S&P 500 divided by the cost of a gallon of gasoline for just over two decades.

http://media.hotair.com/wp/wp-content/uploads/2012/02/GasPriceIndexChart.png

If you’re anywhere near as easily as confused as me, you might be asking, why would we divide the S&P average by the cost of gasoline? What would the resulting figure possibly tell us? Well, it turns out there is some value to it after all.

The short version for the layman goes something like this. If the economy is truly robust, you’d see the value of your investments grow faster than the value of the commodities stripping dollars out of your wallet. What’s worrisome is that for the past decade, investments haven’t been able to keep up with the cost of many basic goods. (To prove the point, Joe also provides a similar index versus the price of coffee and the price of wheat.)

But if the economy is truly sick, even when the prices you pay for these commodities is falling, and your return on investments is doing even worse, then you are experiencing a net loss. With that information in mind, go back and take a look at the the original chart and you’ll get an idea of the real state of the recovery.

http://hotair.com/archives/2012/02/19/recovery-check-out-the-great-lost-decade-for-investors/

 

[rosco rathbone]

It's easy when the goalposts are moved.

All during the Bush years, all we heard was, "General Republican Philosophy" was destroying the Middle Class. Now, the Middle Class is still shrinking, but the blame is Wall Street, Fat Cats, CEOs...

... GREED!

But not the political class! Oh no sir, Ron, those are OUR Bureaucrats NOW!



*. . . an immense tutelary power is elevated, which alone takes charge of assuring their enjoyments and watching over their fate. It is absolute, detailed, rigid, far-seeing and mild. It would resemble paternal power if, like that, it had for its object to prepare men for manhood; but on the contrary, it seeks only to keep them fixed irrevocably in childhood; it likes citizens to enjoy themselves. It willingly works for their happiness; but it wants to be the unique agent and sole arbiter of that.
Thus, taking each individual by turns in its powerful hands and kneading him as it likes, the sovereign extends its arms over society as a whole; it covers its surface with a network of small, complicated, painstaking, uniform rules through which the most original minds and the most vigorous souls cannot clear a way to surpass the crowd; it does not break wills, but it softens them, bends them and directs them; it rarely forces one to act, but it constantly opposes itself to one’s acting; it does not destroy, it prevents things from being born; it does not tyrannize, it hinders, compromises, enervates, extinguishes, dazes and finally reduces each nation to being nothing more than a herd of timid and industrial animals of which the government is the shepherd.
Alexis de Tocqueville, Democracy in America

You must not pay any attention to the "Democratic wing of the Democratic Party". They do nothing but complain about the Summers-Geithner axis, who they view as Republicans in sheeps clothing.

 

[richard_daily]

Yes I did liar...

No you didn't....

liar.

 

[mercury14]

Good point...can't have a race until we decide where the finish line is.

Perhaps the metric could be some percentage of "doom and gloom economic threads" appearing on the GB in a given time period.

AJ will never agree on a finish line. Right now he's got bets out on three double dip recessions, hyperinflation, deflation, and stagflation. Why should the coward have to put dates on his predictions when they can be all open-ended and therefore never "wrong"?

 

[mercury14]

He ignored this...

so that he can post:

... Barack the Magic Negro...



... the LA Times they call him that...



... I won't have no Buffet!

I think it's clear what sort of poster he is by this point.

Figures. The coward always scrambles to change the subject whenever he's held accountable for his own hypocrisy.

 

[koalabear]

Gas prices hit record highs


http://www.msnbc.msn.com/id/21134540/vp=46457813&#46457813

 

[Sean Renaud]

Gas prices hit record highs


http://www.msnbc.msn.com/id/21134540/vp=46457813?

No they didn't. There at their highest for this date. It's not a good thing but it's not a record high. So we've got three reasons for it. Iran is acting stupid, two speculators running it up again and third there are some refineries closed on the east coast I didn't take the two seconds to look up why but still.

 

[mercury14]

No they didn't. There at their highest for this date. It's not a good thing but it's not a record high. So we've got three reasons for it. Iran is acting stupid, two speculators running it up again and third there are some refineries closed on the east coast I didn't take the two seconds to look up why but still.

Add in...

Syria is on the brink of civil war. Iranian war ships just pulled into Syrian ports.

Israel is on the brink of attacking Iran.

Iran just cut their oil exports in order to drive up the price.

Republicans are already saying this is all Obama's fault.

 

[Sean Renaud]

Not that I normally would support any move like this and because it's an international market it would probably be between difficult and impossible in practice anyhow but I'd totally put in some kind of price freeze had it been plausible. The last thing we need is five dollar gas (if it actually gets that bad) but the situation was pretty much pure speculation last time this one seems to at least have a few legit concerns.

 

[Ham Murabi]

No they didn't. There at their highest for this date. It's not a good thing but it's not a record high. So we've got three reasons for it. Iran is acting stupid, two speculators running it up again and third there are some refineries closed on the east coast I didn't take the two seconds to look up why but still.

Pardon me, but a record high for a certain date is a record high. It's illogical to argue otherwise.
Good to know there are all these other reasons why gas prices are so high and it's not the president's fault. So many people didn't understand that four years ago. Of course, back then the economy was a bit livelier and supply and demand was a big factor.
Demand has never caught back up, Middle East turmoil is nothing new, and if speculators can make a killing on oil whenever they want, why do they ever stop? It seems silly to blame the president for high gas prices, except that he loves them.

 

[4est_4est_Gump]

You must not pay any attention to the "Democratic wing of the Democratic Party". They do nothing but complain about the Summers-Geithner axis, who they view as Republicans in sheeps clothing.

I call bullshit.

 

[4est_4est_Gump]

Pardon me, but a record high for a certain date is a record high. It's illogical to argue otherwise.
Good to know there are all these other reasons why gas prices are so high and it's not the president's fault. So many people didn't understand that four years ago. Of course, back then the economy was a bit livelier and supply and demand was a big factor.
Demand has never caught back up, Middle East turmoil is nothing new, and if speculators can make a killing on oil whenever they want, why do they ever stop? It seems silly to blame the president for high gas prices, except that he loves them.

His only ever concern was that they rise gradually, but high energy prices have been one of his larger goals to force us to wind and solar.

We have a solar generator. It's fucking next to useless...

 

[4est_4est_Gump]

Add in...

Syria is on the brink of civil war. Iranian war ships just pulled into Syrian ports.

Israel is on the brink of attacking Iran.

Iran just cut their oil exports in order to drive up the price.

Republicans are already saying this is all Obama's fault.

Yeah, we get it. Everything in the world is the fault of Bush.

Obama "inherited" it.

Hapless VICTIM!

Obama is never going to have to put on his big boy pants and actually lead. He's in the rear, lookin' good...

 

[Ulaven_Demorte]

Economic indicators are up....trend looks strong...will UD get the last laugh?? stay tuned...

I've been laughing at the outright denial from the usual suspects since I started this thread. Every single point in the O.P. is still true, even moreso over two years later, and yet the same blindered bullshit is posted daily.

Catrastrophy has been just around the corner since before President Obama was even elected. Of course, it was his fault even then..
The theme song from the right for the last two plus years has been..

Just you wait until...
[voice=Annie]
Tomorrow!
Tomorrow!
I love ya, Tomorrow!
You're always a day away!"
[/voice]

 

[Byron In Exile]

I call bullshit.

Your call-tags have run out.

You need to put in a request for more.

 

[4est_4est_Gump]

Your call-tags have run out.

You need to put in a request for more.

And the "tax" is how much?

 

[4est_4est_Gump]

I've been laughing at the outright denial from the usual suspects since I started this thread. Every single point in the O.P. is still true, even moreso over two years later, and yet the same blindered bullshit is posted daily.

Catrastrophy has been just around the corner since before President Obama was even elected. Of course, it was his fault even then..
The theme song from the right for the last two plus years has been..

Just you wait until...
[voice=Annie]
Tomorrow!
Tomorrow!
I love ya, Tomorrow!
You're always a day away!"
[/voice]

Greatest economy EVER!

Why waste your breath moaning at the crowd?
Nothing can be done to stop the shouting!
If every tongue were stilled the noise would still continue,
The rocks and stones themselves would start to sing!

OH! Bama hey bama, bama, bama, ho!
Bama hey bama OH! Bama!

See me! Hear me! Touch me! Fear me!

Right before you, I sell the slogan,
Gazing at you, I speak no truth,
Following me, you get excited,
Listening to me, you get so fearful...

I have got you, right where I want you!
I have got you, feeling with me,
I can take you, and make you follow,
I can take you, for all you're worth!

http://pajamasmedia.com/tatler/files/2011/04/obama-wide-grin80.jpg
”’Shovel-ready’ was not as shovel-ready as we expected.” (Laughter)

 

[4est_4est_Gump]

U_D, when you started this thread, you were doing a victory lap.




It was premature...

 

[Byron In Exile]

And the "tax" is how much?

You know it's free... don't be frontin'...

 

[Byron In Exile]

U_D, when you started this thread, you were doing a victory lap.

It was premature...

September 2009... "Hope and Change!"

Nothing has changed.

Except maybe the "Hope" part.

Now it's a sort of joke-word.

 

[4est_4est_Gump]

You know it's free... don't be frontin'...

Free?

Like the viagra I wish for proper prostate health?

My super-size Trojans?

Money4Nuttin'?