Yes, a record unemployment rate of 23.8% is something for Republicans to be proud of. By the way, how's that national debt that you Republicans used to bemoan going laong?
https://fortune.com/2020/05/28/us-unemp ... ob-losses/
The Nation's Financial Condition
Re: The Nation's Financial Condition
It has been proven a hundred times that the surest way to the heart of any man, black or white, honest or dishonest, is through justice and fairness.
Charles Francis "Socker" Coe, Esq
Charles Francis "Socker" Coe, Esq
- youthathletics
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Re: The Nation's Financial Condition
Are you like 9 or 10 years old....with this stuff? That's like blaming the cigar for the fishy smell that Bill Clinton is Holding.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
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Re: The Nation's Financial Condition
youthathletics wrote: ↑Wed Jun 03, 2020 5:06 pm Are you like 9 or 10 years old....with this stuff? That's like blaming the cigar for the fishy smell that Bill Clinton is Holding.
If Democrats controlled all three seats of the federal government, I kind of feel we'd be that cigar, but with the smell.
Re: The Nation's Financial Condition
So you're thrilled that Big Government had to bail out the supposedly "free market" Corporate America for the second time in not even ten years, are ya?Peter Brown wrote: ↑Wed Jun 03, 2020 4:58 pm This thread seems really quiet...anyone know why?
https://www.marketwatch.com/story/the-n ... =home-page
https://www.investors.com/market-trend/ ... cord-high/
Wow, 'Trump' really stinks. America stinks! Amirite?
America gets better every second while some endlessly bemoan her faults. You boys are missing out on the best country ever known to man in your manic quest to be perma-woke!
Pete. You and I need to have several evenings over beer and oysters, so we can work through your economic beliefs.
Because what you THINK you believe, and what you ACTUALLY believe, are two entirely different things.....
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Re: The Nation's Financial Condition
a fan wrote: ↑Wed Jun 03, 2020 5:33 pmSo you're thrilled that Big Government had to bail out the supposedly "free market" Corporate America for the second time in not even ten years, are ya?Peter Brown wrote: ↑Wed Jun 03, 2020 4:58 pm This thread seems really quiet...anyone know why?
https://www.marketwatch.com/story/the-n ... =home-page
https://www.investors.com/market-trend/ ... cord-high/
Wow, 'Trump' really stinks. America stinks! Amirite?
America gets better every second while some endlessly bemoan her faults. You boys are missing out on the best country ever known to man in your manic quest to be perma-woke!
Pete. You and I need to have several evenings over beer and oysters, so we can work through your economic beliefs.
Because what you THINK you believe, and what you ACTUALLY believe, are two entirely different things.....
Happy to do so! Except no oysters. Yuck.
Whoever wins the dinner table debate pays! We’ll need court approved neutral listeners to vote.
I’ll only be truly happy if on the day I die I learn something new. So my ears are always open!
Re: The Nation's Financial Condition
Dude. No oysters? I think we've finally found your problem.
You have a wife? She'll do just fine.Peter Brown wrote: ↑Wed Jun 03, 2020 6:09 pm Whoever wins the dinner table debate pays! We’ll need court approved neutral listeners to vote.
I'd be delighted to take your wager....and happily pay if I come out on the wrong end....
Re: The Nation's Financial Condition
Stupid people don't understand how a credit card works, and don't care when someone else is on the hook for the "good times spending".
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
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Re: The Nation's Financial Condition
Stupid is a good word. I am slowly disengaging with stupid people.
“I wish you would!”
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Re: The Nation's Financial Condition
So you two are upset at afan and others that were saying the government must send cash now when this all started?Typical Lax Dad wrote: ↑Wed Jun 03, 2020 7:51 pmStupid is a good word. I am slowly disengaging with stupid people.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
Re: The Nation's Financial Condition
No, of course not. TLD and CU88 are just fine with a large centralized government.youthathletics wrote: ↑Wed Jun 03, 2020 9:41 pm So you two are upset at afan and others that were saying the government must send cash now when this all started?
Pete is claiming that he's not---he has told us that the government is the enemy, and can't get anything right, and that the free market is best. He wants minimal government.
Get the problem yet? Understand why it's hilarious that Pete is touting the Stock Market and multinational corporations.... which just got over a trillion in handouts and tax breaks from the government, instead of being allowed to fail?
If the Big Bad government didn't intervene, and, as CU88 implied---break out the credit card? The stock market would be in tatters.
And Pete doesn't get that. Do you? Do you get it, YA?
Last edited by a fan on Thu Jun 04, 2020 12:23 pm, edited 1 time in total.
Re: The Nation's Financial Condition
+1a fan wrote: ↑Wed Jun 03, 2020 9:57 pmNo, of course not. TLD and CU88 are just fine with a large centralized government.youthathletics wrote: ↑Wed Jun 03, 2020 9:41 pm So you two are upset at afan and others that were saying the government must send cash now when this all started?
Pete is claiming that he's not---he has told us that the government is the enemy, and can't get anything right, and that the free market is best. He wants minimal government.
Get the problem yet? Understand why it's hilarious that Pete is touting the Stock Market and multinational corporations.... which just got over a trillion in handouts and tax breaks from the government, instead of being allowed to fail?
If the Big Bad government didn't intervene, and, as CU88 implied---break out the credit care? The stock market would be in tatters.
And Pete doesn't get that. Do you? Do you get it, YA?
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Re: The Nation's Financial Condition
Some outstanding news. Sounds like both Houses of Congress have figured out that trying to get reelected when unemployment is hovering at 20% ain't all that great of an idea. Bravo to both of them...and Trump will sign this instantly, of course.
The bill as previously written, was pointless for restaurants in particular. This clears the way to save both restaurants, and the commercial real estate sector.....
The bill, passed by unanimous consent, would relax rules under the $670 billion Paycheck Protection Program to give borrowers more time to spend the money and use it on a broader set of expenses while still qualifying to have the loans forgiven — a key feature offered in exchange for employers maintaining payrolls.
There's still over a hundred billion in funds in this program.....now businesses can take this money without getting screwed.
https://www.politico.com/news/2020/06/0 ... RH-9w8tqUs
The bill as previously written, was pointless for restaurants in particular. This clears the way to save both restaurants, and the commercial real estate sector.....
The bill, passed by unanimous consent, would relax rules under the $670 billion Paycheck Protection Program to give borrowers more time to spend the money and use it on a broader set of expenses while still qualifying to have the loans forgiven — a key feature offered in exchange for employers maintaining payrolls.
There's still over a hundred billion in funds in this program.....now businesses can take this money without getting screwed.
https://www.politico.com/news/2020/06/0 ... RH-9w8tqUs
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Re: The Nation's Financial Condition
a fan wrote: ↑Wed Jun 03, 2020 9:57 pmNo, of course not. TLD and CU88 are just fine with a large centralized government.youthathletics wrote: ↑Wed Jun 03, 2020 9:41 pm So you two are upset at afan and others that were saying the government must send cash now when this all started?
Pete is claiming that he's not---he has told us that the government is the enemy, and can't get anything right, and that the free market is best. He wants minimal government.
Get the problem yet? Understand why it's hilarious that Pete is touting the Stock Market and multinational corporations.... which just got over a trillion in handouts and tax breaks from the government, instead of being allowed to fail?
If the Big Bad government didn't intervene, and, as CU88 implied---break out the credit card? The stock market would be in tatters.
And Pete doesn't get that. Do you? Do you get it, YA?
This is incredibly one-dimensional analysis. The stock market has rallied strictly on the back of the fed printing dollars? Hmmmm.
No company is adding value I gather; it's strictly the 'credit card effect'. Might want to inform all engineers, inventors, management, workers, and scientists that their work isn't valuable. Do you ever wonder why investors buy dollars if it isn't a decent storage of value? What backs that non-falling dollar, a fan? Who backs the dollar, a fan? (you're gonna say 'the gubmint', but you might want to ask yourself: who backs that government...now how the hades do them people pay them tax dollars!)
On the back of that note, yes, gold is rising (though not at the rate of the market, implying risk and inflation are less than meets the eye) as well as bitcoin (more interesting, as bitcoin seems to be a decent hedge against the dollar).
In any event, when the fear porn peddlers scream at you that the sky is falling, it's not; you'll always miss opportunities listening to the doom and gloom crowd. And analyses like these are way too complicated for this board and for me...I leave it to the markets to sort out the truth, hence why the market is always correct even when it's not.
Re: The Nation's Financial Condition
How is it one dimensional?Peter Brown wrote: ↑Thu Jun 04, 2020 2:35 pm This is incredibly one-dimensional analysis. The stock market has rallied strictly on the back of the fed printing dollars? Hmmmm.
You're gloating at how well the stock market is doing AFTER trillions in Federal Government bailouts, Pete.
We have, on record, what that market looked like BEFORE the bailouts, Pete. What did they look like then?
They looked horrible. That is my point. Big government bailouts saved the market you are touting. I have no clue why you want to pretend like a massive bailout is just no big deal, and just a footnote.
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Re: The Nation's Financial Condition
You gotta spend money to make money.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
Re: The Nation's Financial Condition
We lose money on every sale, but we make up for it in volume
Re: The Nation's Financial Condition
U.S. unemployment is expected to be around 20 percent in Friday’s jobs report.
The U.S. government’s employment survey for May will be released at 8:30 a.m. Eastern time. The job losses are expected to be far less than those in April — but that is small consolation.
Economists surveyed by FactSet expect the report to show that employers cut 8.5 million jobs in May, down from more than 20 million in April, and that the unemployment rate hit 19.8 percent, the highest level since the Great Depression.
Many economists expect that May will be the nadir for the job market, and that unemployment will begin to ease as states reopen and businesses call employees back to work. But it will take far longer for the economy to climb out of the hole than it did to fall into it.
Perhaps the most troubling sign for the recovery is evidence that job losses have spread beyond travel, hospitality and other sectors that were directly affected by the pandemic.
The U.S. government’s employment survey for May will be released at 8:30 a.m. Eastern time. The job losses are expected to be far less than those in April — but that is small consolation.
Economists surveyed by FactSet expect the report to show that employers cut 8.5 million jobs in May, down from more than 20 million in April, and that the unemployment rate hit 19.8 percent, the highest level since the Great Depression.
Many economists expect that May will be the nadir for the job market, and that unemployment will begin to ease as states reopen and businesses call employees back to work. But it will take far longer for the economy to climb out of the hole than it did to fall into it.
Perhaps the most troubling sign for the recovery is evidence that job losses have spread beyond travel, hospitality and other sectors that were directly affected by the pandemic.
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Re: The Nation's Financial Condition
All of the Fed spending on airlines is just kicking the can down the road, come this Fall there will be bankruptcies and lay-offs. Right before the Nov Election.
https://www.cnn.com/2020/05/10/business ... index.html
Some of the biggest carriers will dissolve.
https://www.cnn.com/2020/05/10/business ... index.html
Some of the biggest carriers will dissolve.
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
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Re: The Nation's Financial Condition
CU88 wrote: ↑Fri Jun 05, 2020 8:26 am U.S. unemployment is expected to be around 20 percent in Friday’s jobs report.
The U.S. government’s employment survey for May will be released at 8:30 a.m. Eastern time. The job losses are expected to be far less than those in April — but that is small consolation.
Economists surveyed by FactSet expect the report to show that employers cut 8.5 million jobs in May, down from more than 20 million in April, and that the unemployment rate hit 19.8 percent, the highest level since the Great Depression.
Many economists expect that May will be the nadir for the job market, and that unemployment will begin to ease as states reopen and businesses call employees back to work. But it will take far longer for the economy to climb out of the hole than it did to fall into it.
Perhaps the most troubling sign for the recovery is evidence that job losses have spread beyond travel, hospitality and other sectors that were directly affected by the pandemic.
WOW, GREAT NEWS!
Business
Unemployment rate drops to 13 percent, as the economy began to lose jobs at a slower pace.
by cradleandshoot » Fri Aug 13, 2021 8:57 am
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
Mr moderator, deactivate my account.
You have heck this forum up to making it nothing more than a joke. I hope you are happy.
This is cradle and shoot signing out.
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Re: The Nation's Financial Condition
What is your end game? Do you want to see carriers dwindle, and then become a monopoly of a select few, driving prices up?CU88 wrote: ↑Fri Jun 05, 2020 8:29 am All of the Fed spending on airlines is just kicking the can down the road, come this Fall there will be bankruptcies and lay-offs. Right before the Nov Election.
https://www.cnn.com/2020/05/10/business ... index.html
Some of the biggest carriers will dissolve.
A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard
~Livy
“There are two ways to be fooled. One is to believe what isn’t true; the other is to refuse to believe what is true.” -Soren Kierkegaard