WASHINGTON - President Bush said Friday that while there is some uncertainty about slowing economic growth, the nation’s “financial markets are strong and solid.”
YIKES!!! this mutt hasn't been correct about ANYTHING in his whole presidency!!! the US$ is in the sewer, $100 oil (and probably going higher), record deficits, unemployment going higher (not to mention "underemployment" because of the deindustrialization of America), and the subprime mess. this guy has been a "fade" for the last 7 years
WASHINGTON - President Bush said Friday that while there is some uncertainty about slowing economic growth, the nation’s “financial markets are strong and solid.”
YIKES!!! this mutt hasn't been correct about ANYTHING in his whole presidency!!! the US$ is in the sewer, $100 oil (and probably going higher), record deficits, unemployment going higher (not to mention "underemployment" because of the deindustrialization of America), and the subprime mess. this guy has been a "fade" for the last 7 years
Not to get overly political, but I oil's price is due to demand and a complete ignorance regarding enerfy by both parties (since the first oil embargo, decades ago)...the "de-industrialization" of the US was part and parcel of Bill Clinton's commitment to "globalization" (recall a little something called NAFTA:NAFTA was able to secure passage after Bill Clinton made its passage a major legislative priority in 1993.(Wiki)...that, and a collective imbecility of American unions and corporations...
It would be wonderful to imagine that if only George Bush were out of office, everything would be set right. Unfortunately for us, what is normal is two corrupt, thoroughly clueless major parties, the duopoly that has given you Viet Nam, ethanol, and four solid decades of ignorant Middle East policies, and two botched wars in Iraq alone.That and a militarized economy since 1945, despite Eisenhower's prescient warning.
Speaking of imbeciles, would anyone like to speculate about when, precisely, GM will go bankrupt?
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Not to get overly political, but I oil's price is due to demand and a complete ignorance regarding enerfy by both parties (since the first oil embargo, decades ago)...the "de-industrialization" of the US was part and parcel of Bill Clinton's commitment to "globalization" (recall a little something called NAFTA:NAFTA was able to secure passage after Bill Clinton made its passage a major legislative priority in 1993.(Wiki)...that, and a collective imbecility of American unions and corporations...
It would be wonderful to imagine that if only George Bush were out of office, everything would be set right. Unfortunately for us, what is normal is two corrupt, thoroughly clueless major parties, the duopoly that has given you Viet Nam, ethanol, and four solid decades of ignorant Middle East policies, and two botched wars in Iraq alone.That and a militarized economy since 1945, despite Eisenhower's prescient warning.
Speaking of imbeciles, would anyone like to speculate about when, precisely, GM will go bankrupt?
the "de-industrialization" of the US was part and parcel of Bill Clinton's commitment to "globalization" (recall a little something called NAFTA......
I have railed against Clinton and NAFTA at length in the political forum. you are totally correct and it's one reason I can not support Hillary as a Presidental candidate. Clinton started deindustrialization BUT the Bush administration has accelerated it to warp speed.
I remember when the person car companies were running over the trade game in the 1980's and Reagan slapped them with tariffs. their response? they moved their assembly and most of their motor plants to America. I have NO problem with foreign ownership (unless it's a defense sensitive industry) as long as they are manufacturing IN America and employing American workers. Honda, Toyota and Nissan are classic examples. in fact, THEIR autos and light trucks have MORE "made in America" content then most current GM, Crysler or Ford products.
0
the "de-industrialization" of the US was part and parcel of Bill Clinton's commitment to "globalization" (recall a little something called NAFTA......
I have railed against Clinton and NAFTA at length in the political forum. you are totally correct and it's one reason I can not support Hillary as a Presidental candidate. Clinton started deindustrialization BUT the Bush administration has accelerated it to warp speed.
I remember when the person car companies were running over the trade game in the 1980's and Reagan slapped them with tariffs. their response? they moved their assembly and most of their motor plants to America. I have NO problem with foreign ownership (unless it's a defense sensitive industry) as long as they are manufacturing IN America and employing American workers. Honda, Toyota and Nissan are classic examples. in fact, THEIR autos and light trucks have MORE "made in America" content then most current GM, Crysler or Ford products.
If the economy is slowing, if our currency wasnt artificially discounted then the conditions would be drastically worse. Our exports would be worse, the artificial demand for our stocks and bonds would be gone etc.
The Fed has artificially extended the expansion cycle by floating currency and lowering rates.
Who knows the REAL state of the economy? 8k might be generous?
0
Depeche,
If the economy is slowing, if our currency wasnt artificially discounted then the conditions would be drastically worse. Our exports would be worse, the artificial demand for our stocks and bonds would be gone etc.
The Fed has artificially extended the expansion cycle by floating currency and lowering rates.
Who knows the REAL state of the economy? 8k might be generous?
If not tomorrow yes, do the next day and the next day.
I think some of the financials have earnings in the next few days and I doubt it will be good for the markets.
I think the reason for the high number at 5 Dimes is that the string of losses, especially on the NAZ is 8 straight days now..so odds that we get an up day would be higher if that makes sense.
0
If not tomorrow yes, do the next day and the next day.
I think some of the financials have earnings in the next few days and I doubt it will be good for the markets.
I think the reason for the high number at 5 Dimes is that the string of losses, especially on the NAZ is 8 straight days now..so odds that we get an up day would be higher if that makes sense.
so it's wednesday jan 30th and the fed cuts another hlaf a point to go along with the threequarters a week ago before the market opened after the MLK holiday. the market is up over 100 points and the CNBC talking heads are back in the Bud Light Penguin "Nothing to Worry About, Every Things Fine" mode.
WHAT FUNDAMENTALS HAVE CHANGED? have energy prices gone down? has the subprime mortgage problem been fixed? has the Federal deficit been erased? has the trade balance flipped? are we no longer spending upwards of 8 billion a month in Iraq?
use these up moves to GET the FUCK OUT and even buy the "contra" ETF's like QID, SDS and SKF if you feel like a gamble.
0
so it's wednesday jan 30th and the fed cuts another hlaf a point to go along with the threequarters a week ago before the market opened after the MLK holiday. the market is up over 100 points and the CNBC talking heads are back in the Bud Light Penguin "Nothing to Worry About, Every Things Fine" mode.
WHAT FUNDAMENTALS HAVE CHANGED? have energy prices gone down? has the subprime mortgage problem been fixed? has the Federal deficit been erased? has the trade balance flipped? are we no longer spending upwards of 8 billion a month in Iraq?
use these up moves to GET the FUCK OUT and even buy the "contra" ETF's like QID, SDS and SKF if you feel like a gamble.
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the US$ is in the sewer, $100 oil (and probably going higher), record deficits, unemployment going higher (not to mention "underemployment" because of the deindustrialization of America), and the subprime mess. this guy has been a "fade" for the last 7 years 
dubya
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