More economic GOOD news?

Discussion in 'Politics' started by Yurt, Jun 4, 2010.

  1. Yurt
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    Yurt Gold Member

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    Disappointing jobs report sends stocks tumbling

    NEW YORK (AP) -- Stocks tumbled Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis. Interest rates dropped as investors moved money into the safety of Treasury bonds and notes.

    The Dow Jones industrial average dropped 323 points, its third worst slide of the year. The index closed below 10,000 for the second time in two weeks. All the major indexes were down more than 3 percent. The concerns about Hungary pounded the euro to a four-year low.

    The drop pushed major stock indexes back into "correction" mode, meaning a decline of at least 10 percent from recent highs.

    Disappointing jobs report sends stocks tumbling - Yahoo! Finance

    you certaintly won't see leftwingers like the so called "rightwinger" posting honest economic news....

    i hope it picks up though and that this is not a sign of things to come
     
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  2. driveby
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    driveby Gold Member

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    omgrightwingerjustjumpedoffabridge.........
     
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  3. mascale
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    mascale VIP Member

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    There are separate reports of new listings for new jobs on the increase across all U. S. employment sectors. That means that there are no new consequent payrolls yet, from the jobs being newly listed last month.

    Widely unreported is how Obama-Biden have been able to increase the value of the dollar! Socialists, not Conservatives, make sense.

    Even more compelling(?): In the last Census, of 2000, the May increase of Census Workers couldn't keep pace with the loss of jobs:

    "THE EMPLOYMENT SITUATION: MAY 2000"


    "Boosted by the hiring of 357,000 temporary workers to assist with Census
    2000, total nonfarm payroll employment grew by 231,000 in May, the Bureau
    of Labor Statistics of the U.S. Department of Labor reported today.
    Private-sector payroll employment declined by 116,000 over the month, and
    the unemployment rate edged back up to its March level of 4.1 percent.
    Average hourly earnings increased by 1 cent over the month and by 3.5 percent
    over the year."

    That is not a report of the Obama Administration Census.

    Back to the above that, the odds of any speculative investor keeping money in the stock market over this particular weekend was probably fairly low to begin with. The Euro value continues to tank. The nation-state of Hungary: Apparently fired all of is bookkeepers, a long time ago, too.

    On the other hand the absurdity of investors not getting into U. S. dollar-valued stocks at this time would tend to make a stock market rise far more likely, than remote. Turkey hates Israel, except when it comes to weapons sales. Iran hates the United States, except when it comes to the value of the dollar. The Euro is no longer the currency of choice: And clearly in an Obama Administration!

    World Peace is. . . .well. . . .Nowhere in sight, even at the Nobel Acceptance Speeches.

    "Crow, James Crow: Shaken, Not Stirred!"
    (The eternal earthly property right to even a pittance: Continues even now in Afghanistan, and in Northern Pakistan. There are clearly some things just have to be fought over! The Supreme Court, even knows this. The Harvard Law School nominee to the Supreme Court clearly knows this! The most basic civil right in the law is to a pittance!
     
  4. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Sad to hear that the economy isn't growing. Not surprising, but sad nonetheless.

    We need to fix the actual problem instead of just throwing money around.
     
  5. Yurt
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    Yurt Gold Member

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    lol...where is rightwinger?
     
  6. ABikerSailor
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    ABikerSailor Platinum Member

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    Yeah......too bad a corporation couldn't just fix things and make everyone rich......

    Oh wait.......BP tried that by drenching our shores with oil. Wanna know why the jobs reports suck this month? Because the oil has been filling the Gulf and people's jobs are flying out the window.

    Yeah.........tell me again why the economy isn't growing. Corporations keep fucking it up. Started with Freddie and Fannie, then Halliburton, and now BP.

    Want to know why the economy is fucked? Greedy CEO's don't give a shit.
     
  7. Yurt
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    Yurt Gold Member

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    where are all the liberals who drool over rightwingers phony economic threads?
     
  8. Sinatra
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    Sinatra Senior Member

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    Poor rightwinger.

    The guy is so wrong so often about so many things, one must hope he is doing it on purpose...
     
  9. Yurt
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    Yurt Gold Member

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    nah....he believes his drivel...its why he is avoiding this thread like the plague...and there is no way he missed it....i titled almost identical to his usually hack economic news threads

    most extreme hacks are cowards and can't face evidence that doesn't support their world view, i thought he wasn't one of those, just a regular hack....but his avoidence of this thread....
     
  10. Sinatra
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    Sinatra Senior Member

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    I do believe you are twisting the knife just a bit here.

    Carry on...:lol:
     

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