Where is the US economy headed?

@realjohnboy,

Foofie is an idiot; there were no Japanese-American charged with sabotage before, during, or after WWII. As a matter of fact, young men from the concentration camps volunteered into the military and distinguished themselves as the most decorated unit of any American war. They worked in the Pacific in intelligence and interpreters, and also in Italy and France.

Some people just don't know their own country's history, and they have the gall to make idiotic statements. +

To show how dumb he really is, he wants to revise the dictionary definition of "concentration camp."

[quote]Britannica Concise Encyclopedia:
concentration camp

Internment centre established by a government to confine political prisoners or members of national or minority groups for reasons of state security, exploitation, or punishment. The prisoners are usually selected by executive decree or military order. Camps are usually built to house many people, typically in highly crowded conditions. Countries that have used such camps include Britain during the South African War, the Soviet Union ( Gulag), the U.S. ( Manzanar Relocation Center), and Japan, which interned Dutch civilians in the Dutch East Indies during World War II. A variation, called a reeducation camp, was used in Vietnam after 1975 and in Cambodia under the Khmer Rouge. Most notorious were the death camps of Nazi Germany, including Auschwitz, Bergen-Belsen, Buchenwald, Dachau, and Treblinka.

Read more: http://www.answers.com/topic/concentration-camp#ixzz1xnb6z2z2[/quote]

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@realjohnboy,

realjohnboy wrote:

Foofie wrote:
\

As patriotic Americans, the Japanese-American community should only be upset about the loss of any material possessions, but glad to be protected from the pathogen of any Japanese saboteurs.

They should be grateful?

They should not continue, collectively, to feel it was a violation of their constitutional rights. There was already a quarantine act allowing for quarantining.

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@cicerone imposter,

No one said that Japanese-Americans were not patriotic. And, in my opinion, it was the fact that the Japanese-American community was quarantined in quarantine camps that prevented any Japanese saboteurs (a pathogen) to gain access to the Japanese-American community as a safe haven.

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@Foofie,

Paleeeze. Bull ****!

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@cicerone imposter,

Quote:

To show how dumb he really is, he wants to revise the dictionary definition of "concentration camp."

You want to revise the dictionary definition of marriage. According to the "ball and chain" image marriage is a form of internment.

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@spendius,

Our lot are lending £140 billion to the banks on condition they lend it to us.

That means we are lending money to ourselves it seems to me. The government (us) is charging !% and the banks are charging us 5%.

I would guess on past form that we are all lenders and the London region are the main borrowers. Which then looks like a bail-out for London.

There's not a lot of difference, in principle, between Greece as a unit of Europe and London as a unit of the UK.

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@spendius,

You're not only behind the times, but still believe in the outdated book called the bible which were written by men of ignorance.

Try this definition.

Quote:

Marriage
From Wikipedia, the free encyclopedia
For other uses, see Marriage (disambiguation).
"Married" and "Matrimony" redirect here. For other uses, see Married (disambiguation) and Matrimony (disambiguation).

Marriage (also called matrimony or wedlock) is a social union or legal contract between people called spouses that creates kinship. The definition of marriage varies according to different cultures, but is usually an institution in which interpersonal relationships, usually intimate and sexual, are acknowledged. Such a union is often formalized via a wedding ceremony. In terms of legal recognition, most sovereign states and other jurisdictions limit marriage to two persons of the opposite sex and some allow polygynyous marriage. In recent times, several countries and some other jurisdictions have legalized same-sex marriage. In some cultures, marriage is recommended or compulsory before pursuing any sexual activity.
People marry for many reasons, including one or more of the following: legal, social, libidinal, emotional, economic, spiritual, and religious. These might include arranged marriages, family obligations, the legal establishment of a nuclear family unit, the legal protection of children and public declaration of commitment.[1][2] The act of marriage usually creates normative or legal obligations between the individuals involved. Some cultures allow the dissolution of marriage through divorce or annulment. Polygamous marriages may also occur in spite of national laws.
Marriage can be recognized by a state, an organization, a religious authority, a tribal group, a local community or peers. It is often viewed as a contract. Civil marriage is the legal concept of marriage as a governmental institution irrespective of religious affiliation, in accordance with marriage laws of the jurisdiction.

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@spendius,

That's fascinating. Just by the way, where did you get the £140 billion to lend to them? I admit to being a little slow at times.

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@roger,

I note today that the price of U.S. oil fell $3.30/bbl (almost 4%) to $81/bbl. Since the first of the year, excluding today, oil is down some 20%.
The decline is due to Obama, of course.
Just kidding. I think most people realize that movements up and down have little to do with one person and any politician who argues otherwise is being more than a bit foolish.
Today's swoon seems to have more to do with with continuing concern about the Euro zone, the strength of the dollar, sluggish growth in the U.S. and China, much larger inventories of oil products than expected and, perhaps, the failure of the Fed today to announce an aggressive program of "quantitative easing," which I would have favored.
I filled up today in mid-VA at $1.13/gal.

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@realjohnboy,

$1.13/gal!?

I filled up Monday at $3.73. You guys sure must have more oil wells than we do.

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@roger,

Oops. $3.13/gal. Newt promised us $2.50 if he was elected. Vote for me. I can promise $1.13.

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@cicerone imposter,

Put me back on Ignore ci. Please.

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@roger,

I don't where we got the £140 billion from. Somebody made it up I would guess. I don't think they are taking that much around to the banks and shovelling into the back door. It's probably what used to called "funny money" in the olde days of the 70s.

It's way beyond the average plotitician's comprehension scope.

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@realjohnboy,

Where you filling up a cow **** receptacle John?

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After a fairly long hiatus, I posted a piece about how the bottom four quintiles of American workers saw their wages stagnate since 1979. A conservative member of this group told me that I was talking about McDonald's workers, which meant that either he could not interpret the meaning of quintile or that he had totally misread, possibly skipping one or more words, of my post.

This link will take folks to a great graphic on the distribution of wealth based on the work of people from two of America's leading business schools.

http://thesocietypages.org/graphicsociology/2010/10/07/americans-estimate-our-wealth-distribution-and-fail-horribly/

1 Reply

@plainoldme,

Good luck convincing who ever disagreed with you. Like C.I always says, there is no cure for stupid.

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6/20: U.S. oil closed at $81/bbl - down $3.30 (4%)
6/21: $78/bbl - down $3.50 (4.25%)
I can't see it falling much more from here.

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@realjohnboy,

Gas prices sure have been falling here. They are almost 50 cents off where they were a month ago.

... and they are 20 cents lower than at this time last year, on average.

Dastardly socialist plot to get Obama re-elected!

Cycloptichorn

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@realjohnboy,

Fuel production geared to 2008 consumption is bound to decline in a post 2008 austerity programme and surplus capacity arise.

You'll be telling us next it's goes cold in winter.

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@spendius,

True enough, Spendius. You correctly note that we should expect a decline in the price of oil from something like $120/bbl to today's level as the world's economies contract and before the oil companies can scale back production accordingly.
What I found noteworthy was the spectacular 8% decline in the price of oil in the last two days.
During the lead up to Romney getting the nomination, Obama was pilloried by the candidates over the price of gasoline - as if he had any control over that, which seemed to me silly.
The decline in the price of oil has silenced the critics, taking away for now a big campaign issue.
That's why I came back to this.

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Where is the US economy headed?

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