Horrible News For Anti-Obamaniacs. Economy Is Improving!

Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Black_And_Blue On: Fri Mar 27, 2009 8:53 am

Devil505 wrote:
The Problem
Wages are Stagnant as Prices Rise: While wages remain flat, the costs of basic necessities are increasing. The cost of in-state college tuition has grown 35 percent over the past five years. Health care costs have risen four times faster than wages over the past six years. And the personal savings rate is now the lowest it's been since the Great Depression.


A wage is negotiated between employee/employer, there are no guarantees you will even be hired.
A college education is a privilege.
Emergency health care is available to all, providing for the uninsured is part of price increases.
A low savings rate is encouraged by our society, our entire economy is based on consumption. A high savings rate will negatively affect our economy.
Lastly, the blame for inflation lies at the feet of the Federal Reserve and Central Bankers.

Devil505 wrote:
Tax Cuts for Wealthy Instead of Middle Class: The Bush tax cuts give those who earn over $1 million dollars a tax cut nearly 160 times greater than that received by middle-income Americans. At the same time, this administration has refused to tackle health care, education and housing in a manner that benefits the middle class.


Payments and refunds work both ways. Those who pay the higher burden are entitled to receive a higher benefit in the other direction. If this idea of class warfare continues, very soon there will be no economy left as all the bright minds will have determined there is no benefit for them to produce anything at all. Interestingly, last June, more penalties were installed in the Expatriation Tax law as if someone was worried that the producing class of this country may desire to shift their wealth elsewhere.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: spc On: Fri Mar 27, 2009 11:22 am

Smoothest transition ever???
"The acting director of the Office of Thrift Supervision has been put on leave pending a review of the agency’s role in the backdating of capital infusions by some banks, the agency said Thursday evening."


http://online.wsj.com/article/BT-CO-20090326-718651.html
This link is broken, either the page no longer exists or there is some other issue like a typo.


How many is that now, I lost count.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Devil505 On: Thu Apr 09, 2009 11:49 am

The horrible news just keeps coming!
(How could this be happening????.... Hasn't it been proven....BY EXPERTS.....that President Obama is leading us to ruin??!?!)
(suggestion for Fox News though......They can just PRETEND it isn't happening & desperately try to keep the hysteria going!!) :up: :funny: :devil:


Wells Fargo shocks market with big profit

NEW YORK (Reuters) – Wells Fargo & Co said it expects to post a $3 billion first-quarter profit, sending its shares soaring, lifting a wide range of stocks, and providing a welcome jolt to the troubled banking sector.

http://news.yahoo.com/s/nm/20090409/bs_nm/us_wellsfargo_7
This link is broken, either the page no longer exists or there is some other issue like a typo.


Analyst ups Apple estimates, sees solid 2Q demand
Analyst ups estimates, price target for Apple, thinks 2nd-qtr demand higher than he expected NEW YORK (AP) -- A Credit Suisse analyst raised his estimates and price target for Apple Inc. Thursday, predicting fiscal second-quarter demand for the company's computers and iPhones was better than he initially expected.

http://finance.yahoo.com/news/Analyst-ups-Apple-estimates-apf-14892260.html
This link is broken, either the page no longer exists or there is some other issue like a typo.


Stocks surge as profits at Wells Fargo jump
By STEPHEN BERNARD and TIM PARADIS, AP Business Writers Stephen Bernard And Tim Paradis, Ap Business Writers – 1 hr 27 mins ago

NEW YORK – Stocks bounded higher early Thursday after banking giant Wells Fargo & Co. issued a surprise profit announcement that was far above analysts' estimates.

The Wells Fargo news offered investors some of the best evidence to date that the credit and lending markets are improving. (my emphasis)

http://news.yahoo.com/s/ap/20090409/ap_on_bi_st_ma_re/wall_street_80
This link is broken, either the page no longer exists or there is some other issue like a typo.



Keep watching Fox News tell us that the sky is falling, we are becoming a SOCIALIST nation, tax cuts is what we need, government spending should be cut & the end is near. (whatever you do, don't get your news from a few different sources with different agendas....or you may actually find out the truth!) :lol:
Maybe if Rush Limbaugh prays harder for our nation to fail.....he may not need all those "Pain Pills" he pops & distributes!
Last edited by Devil505 on Thu Apr 09, 2009 2:54 pm, edited 4 times in total.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Black_And_Blue On: Thu Apr 09, 2009 12:51 pm

Devil505 wrote:.............


Those GREEDY BASTARD C.E.O'S!

Excess profits will not be tolerated by this administration.

[/sarcasm]
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: BillMarti On: Thu Apr 09, 2009 12:54 pm

Unemployment is still rising and is expected to hit 10%. I would go on that statistic for judging the economy when that number starts dropping then we know the trouble is dissipating.

Bill S.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: jpete On: Thu Apr 09, 2009 1:18 pm

The CEO of Wells Fargo said he was looking for $5 BILLION in cuts after the merger with Wachovia and that job losses were inevitable. How many people lost their jobs for Wells Fargo to post this gain? Figures lie and liars figure Devil. Until you go through the quarterly report and find out where the money came from this is just more propaganda. Not that I expect anything less from you.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Devil505 On: Thu Apr 09, 2009 2:00 pm

Keep praying for the demise of your country boys......because things are headed in the wrong direction for the 3 of you America haters .... but in the right direction for the rest of us! :up: :clap: :devil:

I understand that what's happening..... simply could not be happening ....according to you economic geniuses but....I'll let Sir Winston Churchill sum it up

The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is.
Winston Churchill


I'm quite tempted to put the three of you on my ignore list but...... for now, I will only respond to actual headlines......No more theories....no more whimpering....no more "Are you going to believe me or your lying eyes" posts from any of the three of you.
(I suggest you each go burn an American flag or stick a few more pins in your President Obama "Voodo Doll" or go kick your dog........ Anything that makes you feel better) ;) :lol: :devil:
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: BillMarti On: Thu Apr 09, 2009 2:36 pm

Stop teasing me devil your just trying to make me feel good.

Bill S.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: BillMarti On: Thu Apr 09, 2009 2:40 pm

Obama's economic aide sees rising US unemployment

http://www.google.com/hostednews/afp/ar ... r5dLcBYY1w

Bill S.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Devil505 On: Thu Apr 09, 2009 2:43 pm

BillMarti wrote:Stop teasing me devil your just trying to make me feel good.

Bill S.


For what it's worth Bill.....I find your short , humorous posts much more appealing & effective than your long pontifications. :up: :clap: :devil: :yes:

(maybe you could instruct your 2 buddies on the use of humor....... & how it can be much more disarming than the direct, bloody frontal assault that is the only debate tactic they know) ;)
I will admit however...that at least Black_And_Blue's posts are usually short!
Last edited by Devil505 on Thu Apr 09, 2009 5:12 pm, edited 2 times in total.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: BillMarti On: Thu Apr 09, 2009 3:07 pm

Come on now Devil you love to instigate a lot of these confrontations. Admit it what else would you do with all your spare time. So sit back and enjoy the ride and take your foot off the gas pedal once in a while and enjoy the scenery. :roll: :lol: :oops:


Bill S.
.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: jpete On: Thu Apr 09, 2009 3:22 pm

Devil, the next time you cite facts will be the first time. Wells Fargo was up but Wal-Mart was down. And more than expected I might add. Once again you twist the story for your purposes. How many people lost their jobs due to the Wachovia merger? Is this a one quarter bump due to that merger? And is this a better economic indicator than a drop in year over year sales at Wal-Mart? You claim victory in every argument when I haven't seen it once.
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Devil505 On: Thu Apr 09, 2009 3:38 pm

Did anyone hear a voice screaming something????.......I could have sworn I heard something. :gee:
Oh well......It couldn't have been anything important.....It never is...... Probably just more of those ..."Do you know the difference between Keynesians and Austrians?"......BS questions that try to explain that.... what's really happening.....COULDN'T BE HAPPENING :lol: :lol: :devil:

(looks up & sees the sky is not really falling but is actually quite clear & blue) :up: :devil:
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: lowfog01 On: Thu Apr 09, 2009 5:41 pm

Devil505 wrote:I'm quite tempted to put the three of you on my ignore list but......


There's an ignore list!? Wow, I see I have to investigate this forum more closely. Lisa
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Re: Horrible News For Anti-Obamaniacs. Economy Is Improving!

PostBy: Devil505 On: Thu Apr 09, 2009 5:43 pm

lowfog01 wrote:There's an ignore list!? Wow, I see I have to investigate this forum more closely. Lisa


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