The economy is recovering, the economy is recovering, the economy is recovering.

[EdwardBaiamonte]

Prepare for the worst and pray for the better, but I think the worst will come.

I doubt it, the USA survived the huge housing bubble quite nicely and China seems to be surviving their huge Keynesian real estate bubble too thanks to modern, enlightened monetary policy so there is no evidence of a coming depression.

Sorry to burst your bubble.

 

[EdwardBaiamonte]

until a CONSERVATIVE comes in and cleans up the mess.

yes we need to go back to the conservative basics:

1) low taxes
2) balanced budgets
3) unions illegal
4) smaller govt
5) eliminate corporate taxes
6) capitalist health care
7) end illegal immigration

 

[Mikeoxenormous]

Stock futures fall as Morgan Stanley slides on profit miss

Standard & Poor’s 500 Index E-mini contracts expiring in December lost 0.2 percent to 2,021.5 at 7:17 a.m in New York. They earlier fell as much as 0.4 percent after China posted its worst quarterly economic growth since 2009. Dow Jones Industrial Average futures lost 29 points to 17,086.

It seems that after 6 3/4 years of Obamanomics, in the ultimate utopia of Socialism, the Keynesian economics , just doesn't seem to be working. But lets analyze what Ed put up and how it could make America Great again.
1) low taxes - why should America pay outrages taxes, so the govment can spend more driving US to 20 trillion dollars. We have to live within our means so should they.
2) balanced budgets - Not balanced budgets, we are way past that, but no longer will the govment spend more, but cut not the increase, but the size by 50% for 5 years.
3) unions illegal - Unions produce mediocre products and services, as union workers only follow the contract, no more no less. When profits are shared(Stocks) all win.
4) smaller govt - Yes 50% reduction of the govment to the size that Calvin Coolidge had, and you could have another ROARING 20s (2020, but history wasn't told about Cal.
5) eliminate corporate taxes - A corporate tax is just a price increase on US citizens, and the government cant live within its means anyway.
6) capitalist health care - ObamaUnHealthCare, isn't working, and American Capitalist healthcare "WAS" the best in the world. If you make EVERYONE, have to pay for services, then Hospitals wont close. Less people will abuse medical treatment also.
7) end illegal immigration - Close the borders, round up ALL illegals, finger print them, photograph them and collect DNA, give them a one way ticket, if they come back they are executed since they are at WAR with us and trying to take over our country, with the assistance of TRAITORS to the country and those traitors are liberal. When you have a wall of body bags at the border eventually stupid people will stop crossing.

 

[Mikeoxenormous]

Unemployment has dropped 4.8%
8 million jobs added
Stock market up 12,000 points
GDP steady 2-3% per year
$26 trillion added to household wealth

Looks like a recovery to me

Just how bad was the 2009 global recession? Really, really bad

“The possibility of another global recession lingers in light of the persistently weak recovery, even though damage from the previous one has yet to be fully repaired.”

Liberalism is nothing but FAILURE, and when after 6 3/4 years of Obamanomics(9 trillion dollars of new debt), the ROARING ECONOMIC RECOVERY isn't "fully repaired" yet. So they have to go back to Bush, and say it was even worse , yet Dipshit liberals believe what was posted by rightwinger. Such stupid people who voted for Hope and Change , not once but twice, thinking anything was going to change.

 

[EdwardBaiamonte]

Looks like a recovery to me

it is a recovery but the FDR/Obama recovery is the worst recovery since the Great Depression thanks to Barry's anti business policies.

 

[Mikeoxenormous]

Big earnings, housing data to dominate Wall Street

The ECB governing council meeting is being held in Malta rather than Frankfurt this month, and is expected to focus on whether the bank needs to increase its 1 trillion euro ($1.1 trillion) bond-buying program designed to fuel inflation and growth. The bank announces its interest rate decision at 12:45p.m. London time.

This action has worked so well for America, where the RICH are RICHER and the most in poverty ever, just have Europe follow and soon the liberal elites will have all the money and the rest of the world wont. Dumbass liberals cant see this, but We the People sure can.

 

[Mikeoxenormous]

Gold at one time was $20 an ounce, a dollar was worth 1/20th of an ounce. Today, that same dollar is 1/1100 of an ounce. You saying that gold doesn't reflect inflation?

Gold in 1980 = $670/oz
Gold in 2007 = $670/oz

Gold in 2011 = $1,900/oz
Gold in 2015 = $1,200/oz

If gold reflects inflation then there was absolutely zero inflation over 27 years from 1980-2007, and we've had massive deflation over the last four years since 2011.

Obviously neither of those is true, the reason being gold is a volatile commodity not an indicator of inflation.

The Effects of Tapering Off the FED's Stimulus Program [/quote] The Effects of Tapering Off the FED’s Stimulus Program [/quote] You had artificial money being injected into the stock market(5 billion borrowed by apple to buy back stock) and other companies following suit, to make the market desirable, and so people have jumped into the market making precious metals less attractive, yet there is 5 trillion dollars of debt being carried by the FED(banking institution) that the government owes, 18.6 trillion of debt on the books of the government, and over 100 trillion of unfunded liabilities. So gold has been hovering around 1,100 dollars an ounce, and many counties and banking institutions have been buying up cheap gold, for why? Do they see something that the idiot steadymercury doesn't? I bet on the countries and banks, something bad is coming, and those holding the dollar are going to be screwed royally. Then you will need the 3 G's. Liberals have 1 g, it is called government, which is the REAL enemy of the People.

 

[EdwardBaiamonte]

people have jumped into the market making precious metals less attractive,

1) not sure why you think inflation favors stocks more than gold?
2) few are buying gold; that is why price is way down
3) gold used to be a hedge against inflation but since libertarians were 100000% wrong about easy monetary policy causing inflation in the wake of the Great Recession, gold serves little purpose nowadays
4) When Rand Paul asked Bernanke why he didn't want to convert to a gold standard he said, "we run the Fed as if it was on a gold standard".
5) China and Japan have huge debts and Keynesian interventions all over the place and no inflation either thus helping kill the idea of gold too.
6) it is not govt that is the enemy of the people but rather liberal govt.

 

[Indeependent]

Looks like a recovery to me

it is a recovery but the FDR/Obama recovery is the worst recovery since the Great Depression thanks to Barry's anti business policies.

Wall Street at an all time high is anti-Business?
Wall Street CEOs working for the Fed boosting Wall Street is anti-Business?
Long Island's Middle Class has a 34% Foreclosure rate but Boutique Stores and Mansions are going up all around Nassau County.
Free Trade anti-Business?

You're a racist and a pig.

 

[Indeependent]

Unemployment has dropped 4.8%
8 million jobs added
Stock market up 12,000 points
GDP steady 2-3% per year
$26 trillion added to household wealth

Looks like a recovery to me

Just how bad was the 2009 global recession? Really, really bad

“The possibility of another global recession lingers in light of the persistently weak recovery, even though damage from the previous one has yet to be fully repaired.”

Liberalism is nothing but FAILURE, and when after 6 3/4 years of Obamanomics(9 trillion dollars of new debt), the ROARING ECONOMIC RECOVERY isn't "fully repaired" yet. So they have to go back to Bush, and say it was even worse , yet Dipshit liberals believe what was posted by rightwinger. Such stupid people who voted for Hope and Change , not once but twice, thinking anything was going to change.

Liberalism IS crazy, but Conservative are Phony Libertarians in disguise and anything that veers off of their rigid MNC Platform is deemed Liberalism.

 

[EdwardBaiamonte]

Wall Street at an all time high is anti-Business?

1) Wall Street is not at all time high
2) anti-business is 10% U6 unemployment 8 years into a recovery!!

Feel stupid and liberal now??

 

[EdwardBaiamonte]

anything that veers off of their rigid MNC Platform is deemed Liberalism.

true enough anything that is not freedom and capitalism is stupid and liberal. You must say something substantive against freedom and capitalism or admit once again with your silence or attempts to change the subject that you are indeed liberal and independent of brains

 

[Indeependent]

Wall Street at an all time high is anti-Business?

1) Wall Street is not at all time high
2) anti-business is 10% U6 unemployment 8 years into a recovery!!

Feel stupid and liberal now??

Wall Street is at an all time high.
Major cities, including NYC are BOOMING; I know as I go there every now and then and it seems as though every Billionaire in the world is buying a $900,000,000.000 apartment there. Especially on the West Side.
Nassau County is going Boutique crazy

The problem with Ideologues is they want EVERYTHING their way.
BTW, the U6 Unemployment is because you, and every other tiny business, supposedly hired...an H1-B.

And THAT'S why Trump is our next President.
Enjoy your slave labor while it lasts.

 

[Indeependent]

anything that veers off of their rigid MNC Platform is deemed Liberalism.

true enough anything that is not freedom and capitalism is stupid and liberal. You must say something substantive against freedom and capitalism or admit once again with your silence or attempts to change the subject that you are indeed liberal and independent of brains

Massive indigenous unemployment is GOOD?
Are you an idiot?

Massive Middle Class Tax Subsidies to MNCs is GOOD?
Are you an idiot?

Yes, you ARE an idiot!

 

[EdwardBaiamonte]

Massive indigenous unemployment is GOOD?

If I said that I'll pay you $10,000. Bet?? You call 5.1% massive indigenous unemployment?????

Stupid???

 

[Indeependent]

Massive indigenous unemployment is GOOD?

If I said that I'll pay you $10,000. Bet?? You call 5.1% massive indigenous unemployment?????

Stupid???

Guess why we have 6 formulas, asshole.

 

[EdwardBaiamonte]

Massive indigenous unemployment is GOOD?

If I said that I'll pay you $10,000. Bet?? You call 5.1% massive indigenous unemployment?????

Stupid???

Guess why we have 6 formulas, asshole.

You call 5.1% massive indigenous unemployment?????

Stupid???

 

[Indeependent]

Massive indigenous unemployment is GOOD?

If I said that I'll pay you $10,000. Bet?? You call 5.1% massive indigenous unemployment?????

Stupid???

Guess why we have 6 formulas, asshole.

You call 5.1% massive indigenous unemployment?????

Stupid???

Once again, ignorant asshole, guess why we have formulas U1 -> U6?
Please continuing showing the viewing audience how ignorant your are.

 

[dblack]

Why does it matter? Do we really think government should be in charge of the economy?

 

[Indeependent]

Why does it matter? Do we really think government should be in charge of the economy?

The problem with ANYBODY being in charge of the economy?
Politicians win Popularity Contests.
MBAs get really lucky with a business, inherit a business, or are just plain down right dirty scoundrels like Bill Gates.
SOME authority has to balance out the scales.
I know you are an earnest Libertarian but that ain't gonna fly.