

jpete wrote:The Treasury sold $26 billion in 7 year notes with a 2.63% interest rate. How much "negative growth" do we need to pay that back. And that was one day. By my thumb nail accounting, that's about $200 billion in long term notes and a roughly equal about in short term notes. Start brushing up on the phrase "hyperinflation" it's coming...
tvb wrote:Cabinover, the percentage figures reported by the BEA is a composite number derived from a bunch of different indexes. It's an average taken from things like corporate output, personal consumption and income, foreign indexes and a bunch of other stuff. The link above has them all listed if you are interested in wading through a bunch of financial gobbledy-goop.
A more "friendly" explanation of the different indices and how they are put together to get the GDP is here: http://www.bea.gov/scb/pdf/2009/04%20Ap ... dpecon.pdf (linked from http://www.bea.gov/scb/index.htm if you are interested in this kind of stuff)
titleist1 wrote:So, is it sinking in yet with anyone that there is no real difference between the D's & the R's and their current makeup of "leadership" ??
BillMarti wrote:I have a question knowing we are in a depression
Definition
There is no widely-agreed-upon definition for a depression, though some have been proposed. In the United States the National Bureau of Economic Research determines contractions and expansions in the business cycle, but does not declare depressions.[1] Generally, periods labeled depressions are marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced using current resources and technology (potential output).[2] The economic theory most concerned with periods of inflation, deflation and depressions is known as the Kondratieff wave. Another proposed definition of depression includes two general rules: 1) a decline in real GDP exceeding 10%, and 2) a recession lasting 3 or more years.[3][4].
brckwlt wrote:BillMarti wrote:I have a question knowing we are in a depression
Its still a recession...Definition
There is no widely-agreed-upon definition for a depression, though some have been proposed. In the United States the National Bureau of Economic Research determines contractions and expansions in the business cycle, but does not declare depressions.[1] Generally, periods labeled depressions are marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced using current resources and technology (potential output).[2] The economic theory most concerned with periods of inflation, deflation and depressions is known as the Kondratieff wave. Another proposed definition of depression includes two general rules: 1) a decline in real GDP exceeding 10%, and 2) a recession lasting 3 or more years.[3][4].
http://en.wikipedia.org/wiki/Depression_(economics)
BillMarti wrote:6.3 + 6.1 = 12.4 = Depression I can count.
Bill S.
mikeandgerry wrote:The idiots in the 61% approval zone of Obama are the same idiots who say they are dissatisfied with the nation (64%).
http://www.gallup.com/Home.aspx
Obviously they are fully inebriated by the spiked pablum the press has served them for the last decade or two.
If they only had the truth.....
brckwlt wrote:mikeandgerry wrote:The idiots in the 61% approval zone of Obama are the same idiots who say they are dissatisfied with the nation (64%).
http://www.gallup.com/Home.aspx
Obviously they are fully inebriated by the spiked pablum the press has served them for the last decade or two.
If they only had the truth.....
there is a whole generation of mtv type kids who have grown up watching mtv and liberal media who slam repubs all day long that think being a republican is a joke or something bad. The media has killed the republican image.
mikeandgerry wrote:
There are no more democrats, only leftists. A democrat in today's political arena would be refreshing.
mikeandgerry wrote:They have been doing it since the hippies came of age...
brckwlt wrote:ohh god i hate hippies ...
brckwlt wrote:their star bucks coffee
brckwlt wrote:mikeandgerry wrote:
There are no more democrats, only leftists. A democrat in today's political arena would be refreshing.
i wouldnt go that far.mikeandgerry wrote:They have been doing it since the hippies came of age...
ohh god i hate hippies ... lazy no good people with their stupid liberal morals. Like ohh man love the earth dont drill the earth, ohh i love to hug trees, animals are better then people, and im going to were sandals all day even when its cold and im not going to shower and im not getting a job, and dont let the man bring you down, and their nature hikes, and their stupid hybrid cars, and their music thats instrumental for 15 minutes, and their star bucks coffee, I think southpark demonstrated how to get rid of hippies awhile back with their die hippie die episode
http://www.southparkstudios.com/guide/902/
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