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Sublime Peach





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  posted on 9/4/2009 at 07:38 AM


[Edited on 1/6/2012 by jerryphilbob]

 
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Zen Peach



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  posted on 9/4/2009 at 07:49 AM
quote:
LOL. Yep, the economy is improving. Classic. Spin, Spin, Spin.

Government only lost 21,000 jobs. How's that stimulus working out?

Biden is a brilliant!

Manufacturing and Construction continue to lose ground.

I am sure the stock market will tick up on this great news?

The stimulus is ... working?
Posted Sep 02 2009, 11:06 AM by Kim Peterson Rating: Filed under: Kim Peterson, economy
Could The Wall Street Journal actually be admitting that the federal stimulus is working? That certainly seems to be the case.

"Government efforts to funnel hundreds of billions of dollars into the U.S. economy appear to be helping the U.S. climb out of the worst recession in decades," the newspaper reported Wednesday. I wonder how painful this admission is for the Journal, which has been sharply critical of the stimulus package.

Bing: More on the economic stimulus

Economists are starting to say the worst is over, and that the economy is growing above where it would be without a stimulus. The second quarter saw a contraction of only 1%; without a stimulus, that could have been as high as 3.2%. Now, the economy looks on track for positive growth in the third quarter.

Still, some critics say that other programs were more effective than the stimulus. The Federal Reserve bought loads of Treasury debt and mortgage-backed securities, pumping cash into the financial system. The government engineered a massive bank bailout, in part to encourage banks to start lending again.

In fact, much of the stimulus package hasn't even arrived yet. Only $60 billion of the $288 billion in scheduled tax cuts has come through, and $84 billion of the $500 billion in spending has been paid, the Journal reported. Stimulus spending is supposed to peak later this year or early next year, the Journal reported.

Still, there appears to be little doubt that the economy is in recovery, and the stimulus -- love it or hate it -- has had a hand in that. But for many Americans still struggling to find a job, it won't feel like a recovery anytime soon

Employment always lags behind in a recovery, so you can expect unemployment to rise but at a much slower pace as the recovery gains momentum, which is in fact happening. Stock futures are higher today ahead of this report. You should really think about htis stuff instead of just reacting to sensational news bites.

BOO!

 

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Sublime Peach



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  posted on 9/4/2009 at 08:03 AM
The unemployment rate was higher than expected. Your article was dated two days ago. If Biden had known the rate was going to jump, I am sure he would have never opened his mouth. These are the same economist that saw the housing bubble coming too, right?

We only lost 200,000 jobs this month, I guess that's not too bad. Unless you were one of those people that actually lost their jobs.

 

Universal Peach



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  posted on 9/4/2009 at 08:06 AM
Estimates in Alabama have the unemployment as high as 16%. The obama camp continues it's lie's about job creation and the stimulus plan working...just ask the new
communist 'green job czar'...'van'. How much lower can this administration get?

 

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Sublime Peach



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  posted on 9/4/2009 at 08:20 AM
The political risk in the market is huge.

Cap and trade.

Government take over of health care.

 

Zen Peach



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  posted on 9/4/2009 at 08:22 AM
quote:
The unemployment rate was higher than expected. Your article was dated two days ago. If Biden had known the rate was going to jump, I am sure he would have never opened his mouth. These are the same economist that saw the housing bubble coming too, right?

We only lost 200,000 jobs this month, I guess that's not too bad. Unless you were one of those people that actually lost their jobs.

I completely agree that it sucks for those underemplyed or unemployed, but things are getting better, even if that means the rate of it getting worse has slowed. The article is specifically about the stimilus working, the last paragraph is mine and is based on today's globasl market. For the last two months at least the Obama predictins have been that unemployment would probably top out at around 10%. That's higher than they originally projected, but things do appear ready to turn around. I'm really hoping they do, especially for the sake of those undemployed you are concerned about. Do you hope this is the beginning of recovery?

 

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Extreme Peach



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  posted on 9/4/2009 at 08:33 AM
A certain sector of the population may never adapt to the new America. It's a new ocean and you have to learn to swim in it. Constantly whining about being attacked by sharks is not going to bring home the bacon.

Alabama for example is a great haven for various drug cartels. Alabamans though are so focused on their hatred for Obama that they don't know what's going on around them. Plus you have a history of corruption and a low educated labor force and you can see how the 21st century might pass them by.

People need to take some responsibility for their behavior. Take new job training courses. Go back to university. Look at oppotunities on the internet. There are plenty of courses of action right now.


 

Zen Peach



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  posted on 9/4/2009 at 08:34 AM
Please move to Belize already. Im sure things are much better there.

 

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Sublime Peach



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  posted on 9/4/2009 at 08:38 AM
quote:
Do you hope this is the beginning of recovery?


Look at what HOPE has gotten us so far? Of course a recovery is what would be best for the economy. I am realsit and don't see the signs of things getting better, when in fact there is still a long way to go.

It just seems like the slow bleed with hope of things getting better. Hope will get you unemployed and hungry.

 

Extreme Peach



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  posted on 9/4/2009 at 08:39 AM
quote:
Do you hope this is the beginning of recovery?


Rush Limbaugh wants the stimulus to fail. He wants all of Obama’s programs to fail. His listeners might resist any opportunity for employment to prove his point. Rush of course is pulling in his 400 million plus.

Conservatives are flat out against a recovery, mainly because a strong recovery would assure Obama is re-elected.

 

Sublime Peach



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  posted on 9/4/2009 at 08:40 AM
quote:
Please move to Belize already. Im sure things are much better there.


LOL. Is that all you got? Really. That horse isn't dead yet? Keep beating it. You seem to be good at that.

 

Extreme Peach



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  posted on 9/4/2009 at 08:40 AM
quote:

Alabama for example is a great haven for various drug cartels. Alabamans though are so focused on their hatred for Obama that they don't know what's going on around them. Plus you have a history of corruption and a low educated labor force and you can see how the 21st century might pass them by.

___________________________________________________________________________ __________

Got anything to back this up other than your opinion?

 

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Sublime Peach



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  posted on 9/4/2009 at 08:50 AM
quote:
Rush Limbaugh wants the stimulus to fail. He wants all of Obama’s programs to fail. His listeners might resist any opportunity for employment to prove his point. Rush of course is pulling in his 400 million plus.

Conservatives are flat out against a recovery, mainly because a strong recovery would assure Obama is re-elected.


Yep, it's Rush's fault. You nailed it. The CFR loves you. Keep up the hate of the right. Brilliant. I think you are mistaking his fascist agenda for economic recovery. I don't listen to Rush very often, but he did get it right the other day. I got bored of Jim Rome and switched it over to Rush and caught him saying that this isn't socialism, it is fascism. If you don't think the capitalist (conservatives) want to see a recovery, you know, the ones making all of the money (god forbid people make money) then you are crazy. Because the left are all poor and don't make a dime, that is why they need the government to do it for them. LOL. Yeah right. Now they want to take over 1/7 of the economy and put an end to people making a proift off of health care. God forbid people make money, that is such a sin. Everyone knows health care is a right, not a priviledge. It's right there in the constitution.

Becuase you can't destroy a democracy overnight, you have to divide the nation first!

 

Zen Peach



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  posted on 9/4/2009 at 08:51 AM
quote:
quote:
Do you hope this is the beginning of recovery?


Look at what HOPE has gotten us so far? Of course a recovery is what would be best for the economy. I am realsit and don't see the signs of things getting better, when in fact there is still a long way to go.

It just seems like the slow bleed with hope of things getting better. Hope will get you unemployed and hungry.


Things are much better than they were 8-9 months ago. Could there still be "the other shoe to fall" of hyperinflation? Possibly, but there are absolutely no signs of that now. You would have to agree by any economic indicators that things are improving (or please show me which ones are getting worse). Maybe its a glass half full/half empty kind of thing. My hope has led me to work in education to try and impact this and future generations of Americans and inspire them to learn to think and always do their best, to form thier own ideas and persue their own dreams. That has led to very stable and rewarding employment and penty of food on the table. What has your lack of hope provided you with?

 

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Extreme Peach



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  posted on 9/4/2009 at 08:56 AM
quote:
quote:

Alabama for example is a great haven for various drug cartels. Alabamans though are so focused on their hatred for Obama that they don't know what's going on around them. Plus you have a history of corruption and a low educated labor force and you can see how the 21st century might pass them by.

___________________________________________________________________________ __________

Got anything to back this up other than your opinion?


I cite stats all the time and posters here ignore them. Opinions swing both ways. Skydogpony seems to speak for Alabamans here and I have never seen him use a source.

On the drug cartels there is a new article in Rolling Stone discussing their penetration into Alabama. The Don Siegelman case is an example of the kind of corruption that exists in Alabama.

Here are the education stats. You can see Alabama lags in university graduates. This will effect their job opportunities in this century.

http://cber.cba.ua.edu/rbriefs/ab2003Q2_education.pdf

Now let's see you back up some of the crap floating around about Obama.

 

Extreme Peach



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  posted on 9/4/2009 at 09:12 AM
quote:
quote:
quote:

Alabama for example is a great haven for various drug cartels. Alabamans though are so focused on their hatred for Obama that they don't know what's going on around them. Plus you have a history of corruption and a low educated labor force and you can see how the 21st century might pass them by.

___________________________________________________________________________ __________

Got anything to back this up other than your opinion?


I cite stats all the time and posters here ignore them. Opinions swing both ways. Skydogpony seems to speak for Alabamans here and I have never seen him use a source.

On the drug cartels there is a new article in Rolling Stone discussing their penetration into Alabama. The Don Siegelman case is an example of the kind of corruption that exists in Alabama.

Here are the education stats. You can see Alabama lags in university graduates. This will effect their job opportunities in this century.

http://cber.cba.ua.edu/rbriefs/ab2003Q2_education.pdf

Now let's see you back up some of the crap floating around about Obama.


I think Brent can speak for Alabama since he lives there, and I do not need to back up the crap about Obama as I have never posted anything about him since he was elected. I may not agree with some of his decisions regarding my tax money and what he does with it, but he is the president so it is his job to do what he thinks is best regardless of what I think.

 

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True Peach



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  posted on 9/4/2009 at 09:13 AM
I have my account set to view 25 topics per page. As of right now, 8/25 of the WP topics are authored by JPB. Imagine if every WP poster started this many threads for every little thought that occurred to him.

For that reason, I will not respond to threads originated by JPB until he shows respect for the forum and limits himself to say no more than one new thread per day (which would still be alot). This has nothing to do w/ his content, only the fact that he is monopolizing the forum. I urge others to do the same.

 

Zen Peach



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  posted on 9/4/2009 at 09:17 AM
quote:
I have my account set to view 25 topics per page. As of right now, 8/25 of the WP topics are authored by JPB. Imagine if every WP poster started this many threads for every little thought that occurred to him.

For that reason, I will not respond to threads originated by JPB until he shows respect for the forum and limits himself to say no more than one new thread per day (which would still be alot). This has nothing to do w/ his content, only the fact that he is monopolizing the forum. I urge others to do the same.


Thank you, Brock. I tried to bump some of the threads last night, but some people just can't help but respond to the attention-seeking, lying, maniacal, sock-puppet using troll-boy.

 

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Maximum Peach



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  posted on 9/4/2009 at 10:18 AM
Its amazing how numbers are manipulated - positive (on a relative basis) data is broadcast, followed weeks or months later by negative revisions that receive little or not attention.


This is an intersting site if you care to take a look.

http://www.shadowstats.com/alternate_data

 

Maximum Peach



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  posted on 9/4/2009 at 10:29 AM
quote:
He needs to stop bumping his own threads too. He's the only one that does that on a regular basis in the WP, another nuisance that if like you said everyone did same this place would be a complete cluster.


First you guys want ultra nut job members banned because they fight all the time, now you want guys like jpb to stop posting so much...sheesh, just what would make you absolutely happy so we can just get there?



 

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Zen Peach



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  posted on 9/4/2009 at 10:54 AM
quote:
I have my account set to view 25 topics per page. As of right now, 8/25 of the WP topics are authored by JPB. Imagine if every WP poster started this many threads for every little thought that occurred to him.

For that reason, I will not respond to threads originated by JPB until he shows respect for the forum and limits himself to say no more than one new thread per day (which would still be alot). This has nothing to do w/ his content, only the fact that he is monopolizing the forum. I urge others to do the same.
+1

 

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