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capetonian



Joined: 11 Aug 2006
Posts: 903
Location: Oahu

PostPosted: Wed Jan 30, 2013 10:48 am    Post subject: Reply with quote

http://en.wikipedia.org/wiki/Bread_and_circuses
= food stamps and reality TV
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stevenbard



Joined: 11 Nov 1993
Posts: 4213

PostPosted: Wed Jan 30, 2013 12:26 pm    Post subject: Reply with quote

pueno wrote:
boggsman1 wrote:
S&P 500 above 1500...pretty amazing considering it hit 666 on March 6th, 2009.

<sarcasm>
Amazing how Obama is taking away our freedoms, ruining the economy, destroying jobs, stifling business, exponentially increasing government spending, inflating government's size.

If that crummy S&P performance doesn't show it, then what does?

AND WHAT ABOUT BENGHAZI??

</sarcasm>
.


Sorry to say that despite the great profits being made on Wall St., there are lines of skilled workers at the labor exchanges looking for $10 per hour. Begging for work. There are shuttered retail centers. Employment participation at an all time low. Unemployment still very high. Friend of mine has a startup tech company. He's paying college grads $12 per hour. I made that much as a college grad 33 years ago.

Good one Capetonian! I've felt that this is a giant shell game for a long time. You're delicate and subtle about your feelings. I am outraged! They are shouting "gun control, Gay Marriage, Women on the front line". When they should be shouting, bring back our industrial base, repatriate profits, clean up the sespools in the inner cities, education, etcetera.
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keycocker



Joined: 10 Jul 2005
Posts: 3441

PostPosted: Wed Jan 30, 2013 1:00 pm    Post subject: Reply with quote

It's worth noting that all the shouting is done in the media and gay marriage,persons named Kardashian,etc. is the news they think will sell sponsors products.
Actual gov policy and actions are found in he Congressional review and other utterly boring media outlets.
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nw30



Joined: 21 Dec 2008
Posts: 1791
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Fri Feb 01, 2013 10:26 pm    Post subject: Reply with quote

keycocker wrote:
It's worth noting that all the shouting is done in the media and gay marriage,persons named Kardashian,etc. is the news they think will sell sponsors products.
Actual gov policy and actions are found in he Congressional review and other utterly boring media outlets.

OK Confused
As of the latest economic report, our growth rate has entered into the minus column, in other words, we are shrinking.
By far, the best, quickest way to get rid of our deficit, is thru growth.
We now have none, we are withering on the vine, this is a fine deal.
Europe, here we come, you are showing us the light towards failure, and we seem to be following you lock step.
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keycocker



Joined: 10 Jul 2005
Posts: 3441

PostPosted: Fri Feb 01, 2013 11:07 pm    Post subject: Reply with quote

Lets hope this is an up and down process. Clearly we have been down in the past and a bit up as well.
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coboardhead



Joined: 26 Oct 2009
Posts: 1960

PostPosted: Fri Feb 01, 2013 11:20 pm    Post subject: Reply with quote

Five to ten years from now, we will have more jobs than workers as the boomers retire.
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isobars



Joined: 12 Dec 1999
Posts: 14310

PostPosted: Sat Feb 02, 2013 11:54 am    Post subject: Reply with quote

coboardhead wrote:
Five to ten years from now, we will have more jobs than workers as the boomers retire.

Two caveats:

1. When those boomers retire and start cashing in their stocks and bonds for income, they will depress market prices.

2. If the billionaires and huge nations betting billions and trillions of dollars on a global depression lasting 10-20 years are right, those boomers will not be able to retire.
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swchandler



Joined: 08 Nov 1993
Posts: 5882

PostPosted: Sat Feb 02, 2013 1:32 pm    Post subject: Reply with quote

What a bunch of nonsense. Predictably, isobars takes coboardhead's optimistic take for the future of jobs as baby boomers retire, and he attempts to throw a wet rag over everything offering nothing but pessimism. Where's the bearing for such negativity? Of course, there isn't any credible evidence to support his gloomy economic conclusions.

"... billionaires and huge nations betting billions and trillions on a global depression"?

What a pantload!
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slinky



Joined: 24 Aug 2007
Posts: 429
Location: Old Saybrook Ct.

PostPosted: Sun Feb 03, 2013 7:31 am    Post subject: Reply with quote

I would not bet on a global depression. The dow is at 14,000 for the simple reason that investors feel confident. Fear and uncertainy depress markets. There will be a correction for sure. Things are looking up. What drove the market past the 14,000 mark was the good jobs report. I forget the exact #'s.
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pueno



Joined: 03 Mar 2007
Posts: 2698

PostPosted: Sun Feb 03, 2013 8:39 am    Post subject: Reply with quote

n-dub wrote:
As of the latest economic report, our growth rate has entered into the minus column, in other words, we are shrinking.

Because one war has finally been stopped and the other is shrinking with its end in sight. The industries that supplied those wars are shrinking.


Mikey wrote:
When those boomers retire and start cashing in their stocks and bonds for income, they will depress market prices.

Don't worry, Mikey. There will still be enough left to fund free cash disability handouts.


swchandler wrote:
What a pantload!

And for Mikey, his big pants means a huge load.
.
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