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

[unregistered]

 

[islandman]

lol @ "the productive class are those who produce something", i.e., and by 'something', I mean something I can hold in my hand.

What a maroon.

 

[unregistered]

 

[islandman]

I wasn't referring you jacking off, clown.

Realized the stupidity of your own definition, did you?


Btw, have you ever thought of me jacking off? Can I just give you a polite, but firm, "Thanks, but no" right now?

 

[unregistered]

 

[islandman]

No but I've often thought about telling you to put a hat on before somebody jacked you off. Dunce.

Why are you thinking about someone jacking me off?




ps - how often do you think about this? And when you do, do you reflexively reach for a can of corn?

 

[unregistered]

 

[Ulaven_Demorte]

Why are you thinking about someone jacking me off?




ps - how often do you think about this? And when you do, do you reflexively reach for a can of corn?

LMAO!
He's just never going to live that shit down.

 

[islandman]

There's nothing stupid about my definition, government can't exist without a private productive class.

"production" isn't defined just by something tangible, numbnuts. A carpenter can produce a staircase. A banker can't produce a bank.

 

[islandman]

What else would people think when they saw a walking dickhead?

Since when are you 'people'?

Or are you speaking for the "many voices" in your head?

 

[unregistered]

 

[islandman]

I'm usually looking around for a shotgun.

Cause you're sucking on the barrel suggestively?

 

[unregistered]

 

[IrezumiKiss]

I'm usually looking around for a shotgun.

Whoa.

Suicide is a permanent solution to a temporary problem, Vette.

Next time you start feeling that pressed from your fails, you can call me anytime, okay, buddy? Talk your anxieties out. Maybe go play a few rounds of racquetball together or something.

 

[islandman]

A banker can loan money at interest and use the earned income to build another branch, clown.

Build another branch...is that all bankers do?

(This is like walking a child to an obvious conclusion.)

 

[unregistered]

 

[Disgustipated]

I'm talking to an infant, I had to start with something simple.

You aren't walking me anywhere, you just keep on thinking I'm impressed with your ability to pick fly shit out of pepper. I learned economics in business, where theory takes a back seat to reality. Go peddle your bullshit somewhere else.

Sarcasm? Or, most likely, you never learned a thing about economics in business.

 

[islandman]

I'm talking to an infant, I had to start with something simple.

You aren't walking me anywhere, you just keep on thinking I'm impressed with your ability to pick fly shit out of pepper. I learned economics in business, where theory takes a back seat to reality. Go peddle your bullshit somewhere else.

And in this "reality" of yours, bankers just keep building branches as though they're playing one big game of Monopoly?

Did they ever have occasion to, oh, I don't know, make more or bigger loans? In effect, use their time and their brains to "produce" the earned income as you call it?

*waits patiently*

 

[RobDownSouth]

Pissy little Vettebigot

First of all it should be calculated to reflect the true state of inflation, not just to fool people into thinking that evil businessmen, evil oil companies, and evil agribusiness, are responsible for gouging them in the marketplace.

Yeah yeah we get it, you're always....ALWAYS....about redefining long-standing widely accepted standard measures (unemployment rates, inflation rates, etc etc) so that they reflect your political biases.

Reality is SOOO MEAN!

 

[Sean Renaud]

It's rare Vette doesn't respond to me. Hmmm.

 

[Busybody]

Unexpected jump in consumer sentiment coincides with polls showing Obama could lose

--------------------------------------------------------------------------------

Unexpected jump in consumer sentiment coincides with polls showing Obama could lose



Optimism is sweeping the country unexpectedly (via Drudge):


U.S. consumer sentiment unexpectedly rose to its highest level in five years in October as consumers became more optimistic about the overall economy in a possible boost to President Obama’s reelection hopes next month….

The Thomson Reuters/University of Michigan’s preliminary October reading on the overall index on consumer sentiment came in at 83.1, up from 78.3 the month before, and the highest since September 2007, the survey showed on Friday.

It was well above the median forecast for a slight decline to 78 among economists polled by Reuters.

The new buoyancy among consumers comes shortly after the U.S. unemployment rate tumbled to its lowest level in nearly four years in September as more people returned to the workforce and found jobs than economist had predicted….

Via MSN Money:


Consumer sentiment rose to its highest level in five years on Friday and may have signaled something that will make economic skeptics spit at their screens and scrawl lengthy screeds into comments fields well after Election Day.

It’s called a comeback.

The University of Michigan/Thompson Reuters (TRI -0.04%) consumer sentiment index for October rose to 83.1, its highest level since September 2007. No one seemed more surprised than the folks at the University of Michigan and Reuters, who expected the index to top out at 78.5.

Via MarketWatch:


A gauge of consumer sentiment jumped higher in early October, pushing past Wall Street’s expectations, according to reports on the University of Michigan-Thomson Reuters consumer-sentiment gauge released Friday. The UMich sentiment gauge rose to 83.1 in a preliminary October reading from a final September reading of 78.3. Economists polled by MarketWatch had expected little change, anticipating the index to decline to 78 in early October.

All the economists are shocked. There is nothing economically that would justify such a bounce. The October 5 jobs report release, which at best was a mixed bag, can’t possible explain the jump.

But there is something that may explain it.

The unexpected bounce in consumer sentiment coincides with aftermath of the October 3 debate, after which Romney has soared in the polls

 

[bra_man69]

Jay Carney today said Obama's plan has lower income levels that will pay higher taxes. so much for no taxes on the middle class.

 

[Ulaven_Demorte]

Jay Carney today said Obama's plan has lower income levels that will pay higher taxes. so much for no taxes on the middle class.

Considering that English seems to be your second language and you rarely understand words with more than two syllables, I doubt he said that.

link?

 

[bra_man69]

Considering that English seems to be your second language and you rarely understand words with more than two syllables, I doubt he said that.

link?

You got the internet go look for it yourself fuck face.

 

[trysail]

http://research.stlouisfed.org/fredgraph.png?g=bKW


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