I don't hear as much good news on the economy as the bad news ?? Am I listening to NPR too much?

did not destroy the confidence of the patriotic, god-loving people. I would recommend energy and military defense stocks for the next century and encourage lobbying our lawmakers for special tax breaks to the Chinese who is helping the War On Terror. I, too, listen to NPR and feel the same way you do.

... that the economic indicators will look good or bad, depending on your point of view.

How's the stock market? VERY GOOD! Rising to new heights! That's good for people who can invest, usually people with money living an upwardly mobile life.

How's the job market? Well, jobs in low wage earning categories are doing well... with an increase of 225,000 minimum wage jobs this month, off setting the 190,000 high wage jobs outsourced by American owned corporations to India and the Phillipines. So we gained 35,000 new short order cooks and pizza delivery guys, and lost the programming jobs to a software farm in Madras, India. That's GREAT for business!

How's the construction market? Well, new construction is going up up up up up in the Gulf where the damage from Hurricanes Rita and Katrina still haven't been dealt with because the government mishandled the entire affair.
But the newconstruction is raising prices to as much as 5 times pre-disaster levels, essentially pricing a majority of former residents out of the market, making way for high priced condos and developments for the wealthy and secure. GREAT FOR BUSINESS!!!

Oh and hey! let's not forget the Chinese bought another $40 BILLION in treasury bonds again this month.

So now, let's see.... the Chinese government owns some $3.2 trillion in US treasury notes at this point...

Japanese big business owns some 5 trillion dollars worth of US real estate, including approximately 12% of downtown Los Angeles, land and buildings.

The Saudi Arabian royal family owns $8.8 TRILLION worth of American real estate, industry, and commercial development, including major developments in California, Georgia, Texas, Montana, and Manhattan Island.

Yes, the economy is doing wonderfully under George W Bush, especially if you are one of the haves. If you are one of the have-nots, not so much.
The distinction between the rich and poor is as pronounced now as it ever was in 17th century France. Fewer and Fewer are controlling more and more. Welcome to the New Feudalist Era.

Billionaires have become gazillionairs -- hooray!

But people in poverty have almost doubled, average wages aren’t great, more people are going bankrupt, more without healthcare, less minorities entering college...isn't this great?

I know you rightees probably think this is good. No wonder you guys like this economy.

Billionaires have become gazillionairs -- hooray!

But people in poverty have almost doubled, average wages aren’t great, more people are going bankrupt, more without healthcare, less minorities entering college...isn't this great?

I know you rightees probably think this is good. No wonder you guys like this economy.

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-- Modified on 7/16/2007 9:38:20 PM

don't be crazy.   People in Canada sell their houses and cash in their life saving to come to the states for heart bypass surgery.  In Canada, their told they are to old to have it.  Cancer patients wait critical weeks to see a oncologist and start therapy. No MRIs, no CAT scans at every hospital.  It's nuts.  

ASK ANYONE FROM CANADA!!!!!!!! I MEAN IT!

Englands socialized medicine is as bad.  Half the MD's in England are from a 3rd world country trained in a 3rd world country.

The best and brightest do not go to med school in England cause the MD's are treated like the civil servants that they are under that system.  Plus they must ration care just like Canada.

PS Michael Moore is a smelly fat dumbass.  He's psycho and ugly too.

Geezer... sometimes you're very funny, sometimes, by reading between the lines of your over-the-top expectorations you actually make sense.
But with this comment, a sample of some of your rhetoric, you show yourself to be nothing more than a witless buffoon parroting hatemongering nonsense.
Why must you disease everything you write by adding pointless insults designed to do nothing but create rancor?

And by the way... my niece, her husband, and 2 year old daughter had to move to Canada so they could get their daughter treated for Cancer.
Seems their HMO turned them down because they considered the childs cancer to be a "pre-existing" condition.

There is a man starving in the room next door.
There is food aplenty in this room. But if the man next door is unable to get through the door, he will die.

you talk about our wonderful advanced medical system. you forget there are almost 50 million people in this country, American Citizens, who can't afford any health insurance.
But then again, as a typical right wing Republican, you don't give a rats ass about my nieces daughter, or any of the 50 million uninsured Americans. Not unless theres something in it for you directly. So fuck you.

Pointing out problems created by Capitalism run amok is NOT prosylatizing Socialism.

Maybe a little "Confucius-ism" should be exercised.
“When you have faults, do not fear to abandon them.”

Only if you believe what the American healthcare industrial complex wants you to believe.

Geezer; are you paid to be so myopically moronic in your fevered rants? I couldn't imagine voluntarily purveying such puerile parroting of rightwing parochialism.

Tell ya what Geez' . I'm one of the 50 million Americans without a healthcare policy, a good friend of mine although covered by healthcare is terrified that when and if they do need it a well paid corporate minion of the company will find some arbitrary/unfair reason to deny coverage.
Either way the present system isn't working; except for the CEOs, shareholders, lobbyists, and paid off politicians.

Funny how the justifications for rises or falls in the market are so inconsistent yes? One day the market is up on good retail sales reports, and the very next day it is up on BAD retail sales reports. One day they are jubilant because the housing slump is real but almost over, and the next they are depressed because the housing slump is worse than they even if almost over. One day way down on higher oil, the next day way up in spite of even higher yet oil.

People who refuse to see what a scam our economy has become are doomed to hit bottom first and they will cushion the fall for the ones that were prepared for it.


What kills me are the growing number of things that are up by MORE than 100% in the last few months. Milk here was a $1.98 a gallon two months ago, I was in WalMart yesterday and a half gallon was $2.49 way over doubled from May. I bought a pint instead at $1.29, that is $10.32 a gallon.

I wanted instant gravy (hard to justify making gravy from scratch for just one person) and it was $1.29 per, that is more than double the 50 cents of last year. Even the old college staple to stave off student starvation; Kraft Mac'n Cheese was a buck fifty, twice what it was last time I bought it in March at $0.75 (for nostalgia not for any gourmand instincts). Shipping tape at 20 bucks for four scrawny rolls. I wanted to buy a three pack of scrubber sponges for my kitchen sink, I did not buy them at $3.29 a three pack (WalMart), almost triple what they were the last time I bought them, I will use a cloth.

But, this is ONLY the beginning, as older and cheap stocks of inventory are replaced by new stock made and shipped at the new higher fuel prices you will see almost everything double or triple. Well, everything but your wages.

-- Modified on 7/17/2007 10:28:16 AM

-- Modified on 7/17/2007 10:29:16 AM

-- Modified on 7/17/2007 10:30:04 AM

Perhaps Moderator you can clean this thread up.
Thank

-- Modified on 7/17/2007 10:33:33 AM

And, as usual your claims are contradicted by those pesky statistics. But, who wants the facts, right Geez? Opinion and claims matter more, right?

and then hit da keyboard.

Bush's deficit spending has been Keynesian on a grand scale, stimulating the economy.  It's a real betrayal of Milton Freeman.  

Another economic stimulus: Average debt per family now surpasses the families yearly income.  

Another economic stimulus: we're at war which stimulates the economy and then depresses it when the war is over-- which it might be sooner than Bush would like.

Now, the GDP is growing, but considering the level of stimulus I've described, it's pretty empty.  Especially considering our auto industry is dead, and our geek industries are overseas.  The war is a failure and the debt is-- debt just for maintenance.  

The stock market boom is inflated by the fact that that the dollar has lost forty percent of its value since Bush took office.  Take the 14,000 were at, subtract a third, and you have about 8,000-- about what it was when Bush took office.  Flat.

But there's even more "stimulus."  The Federal Reserve has been increasing money supply at an astounding 11.8 a year.  This is an amazing rate.

We are borrowing $2.5 billion per day from foreign investors, who are investing in the US as if it were a-- bubble.  

To cover up the fact that it's flooding our economy with money to hide a declining economy, the Fed has debated stopping the publishing of M3, which includes large time deposits, institutional money-market funds, short-term repurchase agreements, along with other larger liquid assets.

Government statistics have been altered to make the economy look better.  Unemployment-- you only have to work 1 hour that week for pay to be counted as employed.  

Core inflation: inflation without food and fuel?   As though ordinary people live without considering that?  

This economy isn't only bad, it's a swindle.  


-- Modified on 7/17/2007 7:55:25 PM

Bush's deficit spending has been Keynesian on a grand scale, stimulating the economy.  It's a real betrayal of Milton Freeman.  

Another economic stimulus: Average debt per family now surpasses the families yearly income.  

Another economic stimulus: we're at war which stimulates the economy and then depresses it when the war is over-- which it might be sooner than Bush would like.

Now, the GDP is growing, but considering the level of stimulus I've described, it's pretty empty.  Especially considering our auto industry is dead, and our geek industries are overseas.  The war is a failure and the debt is-- debt just for maintenance.  

The stock market boom is inflated by the fact that that the dollar has lost forty percent of its value since Bush took office.  Take the 14,000 were at, subtract a third, and you have about 8,000-- about what it was when Bush took office.  Flat.

But there's even more "stimulus."  The Federal Reserve has been increasing money supply at an astounding 11.8 a year.  This is an amazing rate.

We are borrowing $2.5 billion per day from foreign investors, who are investing in the US as if it were a-- bubble.  

To cover up the fact that it's flooding our economy with money to hide a declining economy, the Fed has debated stopping the publishing of M3, which includes large time deposits, institutional money-market funds, short-term repurchase agreements, along with other larger liquid assets.

Government statistics have been altered to make the economy look better.  Unemployment-- you only have to work 1 hour that week for pay to be counted as employed.  

Core inflation: inflation without food and fuel?   As though ordinary people live without considering that?  

This economy isn't only bad, it's a swindle.  

I thought it was closer to 45 million. Still thats 10% lower.

Have you ever seen a break down on those 45 to 50 million?

I suspect that many are NOT legal, let alone citizens.

I also think that many are offered employer funded insurance, but do NOT subcribe beacuse of their youth and/or perceived health.