|
economist blames wall street for collapse
On Sun, 09 May 2010 16:59:48 -0600, Canuck57
wrote: On 09/05/2010 2:21 PM, bpuharic wrote: On Sun, 09 May 2010 14:11:04 -0600, wrote: You say 7% of Amercians are union yet you say no unions exist in the same sentance. Have another drink **** for brains. hey genius....7% means zip. tell me which political party had 7% of the vote last year. 7% means no power at all. none. In my neck of the woods that would be the Tax Me Silly "Green Party". They can only find 7% of the dumb****s, even too stupid for liberals to support. thanks for proving my point. 7% aint worth dick |
economist blames wall street for collapse
On Sun, 09 May 2010 17:02:50 -0600, Canuck57
wrote: On 09/05/2010 2:59 PM, D.Duck wrote: "bpuharic" wrote in message ... On Sun, 09 May 2010 15:33:00 -0400, wrote: Let's see, 20~80% is about 60%. 60% of 110M wage earners is 66M. The number is shrinking. Yep. And the only reason why inflation isn't nuts right now is price pressures of people not haveing the debt/credit/money they used to. really? why not check he http://www.inflationdata.com/inflati...tion_chart.htm to see long term inflation rates. seems inflation has always pretty much run what it is now. about 2.5% and the reason we have no money is the rich folks have ensured the middle class gets no pay increase for 10 years |
economist blames wall street for collapse
On Sun, 9 May 2010 19:35:52 -0400, "D.Duck" wrote:
"bpuharic" wrote in message .. . On Sun, 9 May 2010 16:59:35 -0400, "D.Duck" wrote: http://en.wikipedia.org/wiki/File:Income-curve-$10k.png Let's see, 20~80% is about 60%. 60% of 110M wage earners is 66M. The number is shrinking. oh. so only 66M americans are idiots and should live ijn poverty? i stand corrected You're the stickler for "facts". actually you forgot the fact the middle class includes WORKERS AND THEIR FAMILIES 66M middle class wage earners their spoused their children... |
economist blames wall street for collapse
On Sun, 09 May 2010 17:04:09 -0600, Canuck57
wrote: On 09/05/2010 3:09 PM, bpuharic wrote: On Sun, 09 May 2010 14:55:11 -0600, wrote: On 09/05/2010 10:34 AM, bpuharic wrote: notice he thinks 100,000,000 americans should spend all their time sitting on their asses watching their stocks instead of raisin their kids, building their communities, etc... Funny, my kid is out on her own, owns a million dollar home and has her own business. Made us grandparents too. blah blah blah, right wing bull****... So I sat down and explained socialism. good thing the only socialists around are in venezuela, isn't it? Socialists are like mosquitoes. Trick is to swat them before they get your blood. right wingers are like vampires...they hypnotize you with bull****.... then suck out every last drop of blood...being the greedy *******s they are |
economist blames wall street for collapse
On Sun, 09 May 2010 17:21:05 -0600, Canuck57
wrote: On 09/05/2010 12:46 PM, bpuharic wrote: On Sun, 09 May 2010 13:28:59 -0400, wrote: really? got any proof? or is the only proof you need listening to limballs? Not that you want to see, but with unemployment going 9.7 to 9.9 and GDP is reputed to be growing, it has historically been a 100% hit rate on pending inflation. fine. when it hits you be sure and let me know, OK? the reason inflation hasn't been rising is that the rich have been screwing the living **** out of the middle class for the last 10 years and ensuring we live paycheck to paycheck Read some good books. Not the kenesian BS, sorry sport. i did my grad work reading rudiger dornbusch of MIT. i now read simon johnson, of MIT, joseph stiglitz, nobel prize winner, paul krugman, of princeton, nobel prize winner, nouriel roubini of NYU who predicted the crash, herbert simon who taught at the university where i spent my freshman year...and who won the nobel prize... you? you listen to limballs and keynesianism? gaining a WHOLE LOT of respect among conservatives since friedman has been shown to be full of bull**** some good books with lots of straight up historical real events and discussions. Like the one that says a recession/depression is coming when real interest rates on savings goes below real unadjusted inflation. gee. the rich have engineered this by stealing middle class 401K's, destroying pensions, trying to stave off middle class health insurance, etc all teh while ensuring they get protected for ****ing up the economy And discussions on why bonds go down near the end. Right now, if you are into loaning money in CDs, t-bills, or whatever, good time to get the frack out. Interest rates have only one way to go and it isn't down. depends on how the rich think they can screw the middle class again |
economist blames wall street for collapse
On 09/05/2010 2:30 PM, bpuharic wrote:
On Sun, 09 May 2010 15:50:34 -0400, wrote: On Sun, 09 May 2010 14:46:35 -0400, wrote: On Sun, 09 May 2010 13:28:59 -0400, wrote: On Sun, 09 May 2010 12:42:16 -0400, wrote: by the way...what's the rate of inflation nowadays? oh. there isn't any. Bought any oil based products lately? (everything is oil based) There is certainly inflation going on. The fed is just ignoring it and borrowing to hide it by printing money. really? got any proof? or is the only proof you need listening to limballs? The proof I have is I go to the gas station, the grocery store and I pay a cable bill (until I fired them). What is not going up? ?? so your little 7-11 grocery store is the entire US economy? gee. i had no idea it was so busy The BLS agrees with me but you know how those government people lie. really? again, i ask where's your proof? http://www.bls.gov/news.release/cpi.nr0.htm EXACTLY!! finally you get it you IDIOT!! inflation is running at about 2.5%. and it's been that way for YEARS. but you right wingers think it's like zimbabwe... paranoia...tin foil hat paranoia Did we say Zimbabwe also tried the print money and debt to spend out of debt? They did. Wish I had the link to the $10,000,000 note that would not buy a loaf of bread. It is called currency dilution. Otherwise known as inflation. One in the same. Governemnt prints money it does not have, then inflation. Trouble is they lie their asses off on the real impact. Real inflation, unadjusted for governemtn BS is as I figure 1.6 times that of the government rate. So if government clains 2%, I believe after taxes to the net income it is closer to 3.2%. And it is like Zimbabwe, Agenina, Brazil, Germany (pre WW II), 1929 USA, Iceland, Spain, Greece (isn't the first time the ******s are a welshing), Venezuela, Mexico and dozens of others, 100% of the time it is a whopping inflation. Government actually _wants_ it for some important reasons. 1) What sounds better if you are greedy government, getting taxes on $3.000 a gallon or $6 gallon of gasoline? The alter of course. 2) If a house was worth $400k, but today is worth $200k, if 100% inflation took, it would revalue the house to $400k and people would be less inclined to walk away. 3) For the suckers doing t-bills for locked in, and inflation hits say 100%, then the t-bill will loose 1/2 of it's value in favor of th debtor. This inflation is good for debt welshers. But 3) is where Chinese, Saudi and Japanese (major creditors) have issues with the US congressional money mismanagment. So China, the worlds now premier currency is pegged to the US to protect its debt in the US from devaluing. In essense, the Chinese Yuan is proping up the USD. That will work for awhile, but sooner or later the Chinese will write it off. And with Japan in so much debt, they would rather clean up their books, a rather bad mess for US futures. Call it the Obama bad debtor paying chicken with the worlds creditors. And he is going to loose big time. $14.5 trillion of defunct debt. Now that is worth a wild assed market crash. Makes Greece look like a cake walk. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
economist blames wall street for collapse
"Canuck57" wrote in message
... On 09/05/2010 10:35 AM, bpuharic wrote: On Sun, 09 May 2010 11:36:45 -0400, wrote: On Sun, 09 May 2010 10:18:09 -0400, wrote: On Sun, 9 May 2010 09:21:20 -0400, wrote: when you sell stocks you either gain or losr stay even guess what happened to the folks who sold at the end of the day yesterday? My stop loss orders triggered so I am looking for a good bottom to get back in. I already have some prices picked but I haven't placed the orders. I am watching this Euro thing to see what will happen before I get back in. guess the right doesn't know that ALOT of trading is computer controlled...which is why a trillion evaporated in one day Funny, they know better than popper bpuharic. I use if every trading day, even had limit and stop losses kick in last Thursday but admit I wish I had more orders in. they keep denying it happened. just like they bitch about obama spending a trillion over the course of a year. the difference is that wall street is run by rich white guys. obama's black. He is 1/2 black with a big mouth. So what is your point? You are brnging race into it again? Guess that means you have nothing more intelligent to add. -- There is a sucker born every minute, liberals and our politicians are counting on it. And, you're full racist with a small brain. So what is your point? |
economist blames wall street for collapse
On 09/05/2010 3:26 PM, nom=de=plume wrote:
wrote in message ... On Sun, 9 May 2010 10:05:08 -0700, wrote: It was a trillion that never really existed in the first place. It was just phony paper "money" they created out of thin air. While it wasn't cash, if the stocks are sold (and many are), it would certainly be real! A stock price is only valid for the last person to actually exercise that trade and as sell orders come in prices inevitably drop. Some of my stop loss orders actually traded lower than the price I set because the market would not support that price in the free fall after that bozo screwed up one sell order. Yes, thus the money is certainly real for those exercising trades. It also has the effect of making companies vulnerable to pirates, who would take advantage of low stock prices. Again, very real consequences. Not at all. If it were not for those low ball limit orders, the market might have hit 0. Limit order protect variances, trouble as at the point of Thursdays almost 1000 point drop there were very few buyers. Nobody wanted US worthless **** for 10 minutes. No big. Some of the biggest losers I would never buy. If you can't take this volitility, then get out. The real stock price is 100% valued at any one point in time to exactly what someone will _pay_ to buy the lot sold. Not one cent less or more. -- There is a sucker born every minute, liberals and our politicians are counting on it. |
economist blames wall street for collapse
"bpuharic" wrote in message
... On Sun, 9 May 2010 15:27:41 -0700, "nom=de=plume" wrote: "Canuck57" wrote in message ... On 09/05/2010 11:40 AM, wrote: On Sun, 9 May 2010 10:05:08 -0700, wrote: -- There is a sucker born every minute, liberals and our politicians are counting on it. Come on. You don't have a "broker" since you're clearly poor as dirt. actually he DOES have a broker.... a pawn broker... I stand corrected! LOL |
| All times are GMT +1. The time now is 07:10 AM. |
Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004 - 2014 BoatBanter.com