Where is the US economy headed?

@Builder,

You're misrepresenting what that article says. It's cutting it by $10 billion to $45 billion this month.

How are we being had? That jobs in the San Francisco Bay Area is the best in the US? That retail sales have shown almost a 3% increase this YTD? That the feds understand that our economy continues to improve?

Fear mongering without explaining the issues goes nowhere.

How are we being had? Please explain.

1 Reply

@hawkeye10,

Quote:

This government is allergic to honesty.

These people have an entitlement complex. They are mentally disturbed. NPD sufferers, one and all.

I only see a couple of sound minds in Congress. Vermont's Bernie Sanders is one. He exposed the Fed's ruse of "creating" 16 trillion US to dole out to their European compadres. The gov't did nothing, and the corporate controlled media didn't go anywhere near what should have been the SCOOP of the YEAR.

1 Reply

@cicerone imposter,

Quote:

How are we being had? Please explain.

Your nation (and others) got totally stitched up in the orchestrated GFC. I really don't want to have to post all that information for you again. Did you not make yourself aware of the robo-signing scandals? Or the bogus ratings issued to con hedge funds into buying toxic mortgages, bundled as tripleA investments? It was only seven years ago. Such a short memory you possess.

1 Reply

@Builder,

You're not answering the question. We've had unethical government reps most of our lives. I don't know where you live, but you must've missed the 20th and 21st centuries.

You identified the $85 billion buyback by the feds as the fiscal cliff. Answer the damn question.

1 Reply

@Builder,

What a ******* dork! You should be able to answer my question in three sentences, max.

0 Replies

@cicerone imposter,

What's the question? You're saying corruption is endemic, and admitting that criminality is the reality, but also cheering them on. What kind of American are you?

1 Reply

@Builder,

Here's a copy and paste from your posts.

Quote:

Yes, starting from now. Scaling back ten billion a month, TO, 45 billion. The QE that doesn't stop. Wall street are already saying it's dumb, but that mob of savages that lives on lies, cocaine and hookers will say anything to prop up their comfy life of crime.

You're all being had. The issue is, cognitive dissonance. Good luck with that.

Builder
1
REPLYREPORTSun 18 May, 2014 11:43 pm
@cicerone imposter,
The fed is still pumping 85 billion a month into Wall street to artificially prop the market.

Why do you think China stopped buying US Treasury bonds? It's all smoke and mirrors, and the rest of the world is watching with interest.

My question: How are we being had? Please explain.

1 Reply

@cicerone imposter,

Quote:

My question: How are we being had? Please explain.

You're believing that a market bouyed by a direct injection of fabricated wealth is actually going to make a permanent impact on your lives. Americans actually believe that raising the base wage to over ten dollars an hour will destroy the economy, while this **** is going on in the background. You're all being had by the corporate media. It's funny to watch, but it has a global influence, so it must be called for what it is.

And you haven't addressed my question; what kind of American are you? You think that white collar crime is to be admired? You think that corporate influence over your lives is going to benefit Americans? Seriously?

No mention of the 16 Trillion dollars fabricated by the Fed, and exposed by Vermont independent Bernie Sanders? How come that didn't affect the economy?

You're calling me names, while believing that criminality is A-Okay?

2 Replies

@Builder,

You, You're believing that a market bouyed by a direct injection of fabricated wealth is actually going to make a permanent impact on your lives.
Me: Where did you study Economics? Please explain how the market is

Quote:

bouyed by a direct injection of fabricated wealth

.

You,

Quote:

Americans actually believe that raising the base wage to over ten dollars an hour will destroy the economy, while this **** is going on in the background.

Me: You're talking about a political-economic issue. What makes you think any political issue is easy to reach agreement? Where do you live?

You,

Quote:

You're all being had by the corporate media. It's funny to watch, but it has a global influence, so it must be called for what it is.

Me: Where did you get the idea the "we are all being had?"

How Republicans Deregulated The FCC and Gave Corporations Control Of the Media
By: Rmusemore from Rmuse
Monday, June, 3rd, 2013, 10:56 am

You,

Quote:

And you haven't addresse my question; what kind of American are you? You think that white collar crime is to be admired?

Me: I'm a third generation American. Why are you assuming I think

Quote:

white collar crime is to be admired?

I've been retired since 1998, and have traveled extensively around the world. You can visit my blog at,www.travelpod.com/members/c.i.222

You,

Quote:

No mention of the 16 Trillion dollars fabricated by the Fed, and exposed by Vermont independent Bernie Sanders? How come that didn't affect the economy?

Me: So? What am I supposed to do about that? I have no control over what our government or the feds does.

You,

Quote:

You're calling me names, while believing that criminality is A-Okay?

Me: Show me where I have ever said, "criminality is A-Okay."

1 Reply

@cicerone imposter,

I don't think I need to add anything to your post, CI.

You've nailed yourself for me.

Thanks.

1 Reply

@Builder,

And I'm 100% sure you won't be able to explain why I was 'nailed.' LOL

1 Reply

@cicerone imposter,

The OP is the American ecomony. I've shown you that the injection of 16 trillion US had zero effect, and the monthly propping of the stock exchange to the tune of 85 billion in QE or "stimulus" is an artificial bouyancy that is being deflated.

You've returned with personal insults, and parochial remarks that only an American has the inside information on your economy.

I called BULLSHIT.

That's about where we are at.

Oh, and I have no interest in your travel blog. WTF is posting that in a finance thread all about? Hmm?

1 Reply

@Builder,

I don't know where you studied English, but you have contradicted yourself with,

Quote:

I've shown you that the injection of 16 trillion US had zero effect, and the monthly propping of the stock exchange to the tune of 85 billion in QE or "stimulus" is an artificial bouyancy that is being deflated.

You seem not to understand the stock market or Economics. Where did you study Economics?

1 Reply

@cicerone imposter,

Okay, so you'd prefer to attack the messenger, rather than the message?

Point out how the 16 trillion and the monthly injection are even related.

My guess is, like most Americans, you weren't aware of Bernie Sanders exposing the corruption of the Fed. But, having already admitted that you like criminality, I can't expect any truth from either your mind, or the fingers attached to your brain.

2 Replies

@Builder,

Quote:

Okay, so you'd prefer to attack the messenger, rather than the message?

the message is irrelevant. This is all about his need to pick a fight. CI does this regularly.

0 Replies

@Builder,

It's not, but your statement is a contradiction. You wrote, (again)

Quote:

I've shown you that the injection of 16 trillion US had zero effect, and the monthly propping of the stock exchange to the tune of 85 billion in QE or "stimulus" is an artificial bouyancy that is being deflated.

If 16 trillion had zero effect, how can 85 billion have any effect? Explain what you mean by "artificial bouyancy?" Fancy words without much content.

1 Reply

@cicerone imposter,

You're trolling. Hawkeye has your number.

The 16 trillion was not supposed to be public knowledge, and was clandestinely distributed to banks and fed cronies all over the globe.

The QE stimulus was above board, and directed specifically at Wall street, and the stock market, to stimulate the exchange of shares.

If you don't know the difference, I'd suggest a short course in economics 101.

2 Replies

Now what the nation really needs to focus upon, is why the basic wage hasn't actually increased since the mid seventies, while the corporate paypacket has skyrocketed, and the middle class has all but disappeared.

1 Reply

@Builder,

Builder wrote:

Now what the nation really needs to focus upon, is why the basic wage hasn't actually increased since the mid seventies, while the corporate paypacket has skyrocketed, and the middle class has all but disappeared.

wrong

http://upload.wikimedia.org/wikipedia/en/6/6f/US_Real_Median_household_Income.PNG

though it bares noting that I have read that the entire increase since we flateline 1970-1985 can be explained by the growing number of two income families, because more women went to work, thus often came at the expense of the kids being farmed out for others to raise and also the cost of increased family stress.

But now more kids have an unemployed parent home

http://www.washingtonpost.com/rw/2010-2019/WashingtonPost/2012/08/23/National-Economy/Graphics/w-census24.jpg

1 Reply

@hawkeye10,

Quote:

wrong

Does your graphic take inflation into account?

https://www.youtube.com/watch?v=QPKKQnijnsM

1 Reply

Where is the US economy headed?

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