Dow 15,000 (Corporate Profit, salaries, insurance, national debt)
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Really not so great when you consider the rapid inflation that we've experienced in the last decade.
"Rapid inflation"?
You mean 3.4% in 2000?
2.8% in 2001?
1.6% in 2002?
2.3% in 2003?
2.7% in 2004?
3.4% in 2005?
3.2% in 2006?
2.8% in 2007?
3.8% in 2008?
-0.4% in 2009?
1.6% in 2010?
3.2% in 2011?
2.1% in 2012?
Where EXACTLY is this "rapid inflation"? Those rates are LOW by historically standards.
You wingnut folks really are in you own little fantasy reality that has NO RELATION to the real world, aren't you?
A debt economy happens when people's wages drop but their consuming does not. Imagine if people had simply refused to run up personal debt. Stores start layoffs. Construction stops. The whole thing becomes a big swirly. Only way NOT to have a debt economy is to pay workers enough to pay cash. This is totally against conservative economic philosophy. A free economy means freedom to screw workers, forcing them to save their jobs by buying on credit. Proven again and again to fail and bring an economic bust. It is very clear that unemployment would go double digit without the Fed doing its QE thing. And the fall of the US economy would mean world wide depression. And that would mean global war. If people are going to die, they will reason they'd like a few of the filthy rich to die too, like in France.
The "QE thing" can only continue to work as long as our economy continues to grow, making US securities viable to foreign markets. That isn't an infinite resource, and we cannot continue to work a system which depends on an ever-increasing base of foreign investment. I know people throw this term around often, but it's true - this thing is a ponzi scheme.
As far as a debt economy on the consumer level - savings are still near an all-time low, expendable income in sad shape, and the only reason why consumer debt had slowed since the recession, is because the general public's access to cheap money had diminished.
Make no mistake, we're still on a gravy train, but the track will run out.
"Rapid inflation"?
You mean 3.4% in 2000?
2.8% in 2001?
1.6% in 2002?
2.3% in 2003?
2.7% in 2004?
3.4% in 2005?
3.2% in 2006?
2.8% in 2007?
3.8% in 2008?
-0.4% in 2009?
1.6% in 2010?
3.2% in 2011?
2.1% in 2012?
Where EXACTLY is this "rapid inflation"? Those rates are LOW by historically standards.
You wingnut folks really are in you own little fantasy reality that has NO RELATION to the real world, aren't you?
Ken
Go to ANY grocery store, restaurant or retail store and make believe that those rates that you posted are the reality. The gov't is shoveling us false information to make us think that we are better off than what we really are. You are the one who needs to get out in the real world.
Free Trade is "LIBERAL GLOBALISM"?
What planet are you from?
"...We will seek stiff penalties for those who smuggle illegal aliens into the country, and for those who produce or sell fraudulent documents. We also will reduce incentives to enter the United States by promoting initiatives like the North American Free Trade Agreement...
...We are tough free traders, battling to sweep away barriers to our exports. We are waging the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) negotiations to win worldwide reductions in tariffs, elimination of subsidies, and protection of American intellectual property rights. We are fighting to reduce farm subsidies in the European Community and to break up their government-industry collusion in production of civil aircraft. We firmly endorse President Bush's policy to support the Republic of China on Taiwan in international trade and her accession to GATT. Major market access gains have been made with Japan, with American manufacturing exports tripling since 1985. Throughout the world, we enforced greater compliance with U.S. trade rights. And we are making every effort to bring home a Uruguay Round agreement that is not only good for America, but great for tomorrow's entrepreneurs everywhere..."
- Republican Party Platform of 1992 August 17, 1992
Free trade has been a FUNDIMENTAL part of the GOP platform for YEARS. I think members of the GOP would be surprised that they are "Liberals".
Ken
funny thing the START of free trade...the liberal socialist Zbigniew Brzezinski, co-founder of the global elitist Trilateral Commission in 1973 and the principal architect of modern globalization
mentor of carter, bush1, clinton, bush2, and obama....and yes all liberal globalists
globalism is VERY MUCH part of LIBERALISM and SOCIALISM
take off your blinders Ken....neo-cons....liberals in conservative clothing...spend happy fiscal liberal, with a southern baptist covservative streak in the social realm
here are some quotes from some of the liberal socialist globalist , like Zbigniew Brzezinski
Quote:
"We cannot leap into world government through one quick step.... The precondition for eventual and genuine globalization is progressive regionalization because by that we move toward larger, more stable, more cooperative units."
ZB
Quote:
"This is a form of Socialism known as fascism, and it will be the type of world government the power elite plans ultimately to bring about and control. In this government, the power elite will control politicians who will become government leaders who will promulgate laws, rules and regulations favorable to certain transnational corporations"
ZB
Quote:
"We are on the verge of a global transformation. All we need is the right major crisis...and the nations will accept the New World Order.." David Rockefeller
Quote:
“A world society cannot be haphazard. Since there are no precedents, it cannot be traditional at this stage in its development. It can only be deliberative and experimental, planned and built up with particular objectives......socialist Scott Nearing
Federal Reserve outlining world financial trends :“Successful globalization requires a parallel international process of harmonization of rules, including rules governing the financial system, a process that has been going on largely silently for many years in the central banking community
Richard N. Haass:
Quote:
"In the 21st century, the principle aim of American foreign policy is to integrate other countries and organizations into arrangements that will sustain a world consistent with U.S. interests and values.
"…Integration is about bringing nations together and then building frameworks of cooperation and, where feasible, institutions that reinforce and sustain them even more
Haass should know. Not only is he a member of the Trilateral Commission, he’s the President of the Council on Foreign Relations. In fact, Haass wrote the forward to the CFR report, Building a North American Community.
In December, 1994, at a meeting in Miami, Florida, the Clinton administration launched a program of continental “economic integration,” which was put in motion after “the leaders of 34 countries in the Western Hemisphere pledged…to form a Free Trade Area of the Americas (FTAA).”
Zbigniew Brzezinski described in his policy handbook, The Grand Chessboard –
Quote:
the United States will need a hemispherical approach in order to help ensure its “primacy” on the world stage, specifically as economic competition increases from integrated trading blocks around the world
Inflation, in part, has been curbed through the efficiencies of manufacturing, the commonality of once unattainable intellectual properties, and competition.
Yeah, the fed is doing what it can to discredit the dollar, but the free market is doing it's job making things like LCD tv's, laptops, and basic textiles cheaper. (even though the quality of the product has suffered)
"Rapid inflation"?
You mean 3.4% in 2000?
2.8% in 2001?
1.6% in 2002?
2.3% in 2003?
2.7% in 2004?
3.4% in 2005?
3.2% in 2006?
2.8% in 2007?
3.8% in 2008?
-0.4% in 2009?
1.6% in 2010?
3.2% in 2011?
2.1% in 2012?
Where EXACTLY is this "rapid inflation"? Those rates are LOW by historically standards.
You wingnut folks really are in you own little fantasy reality that has NO RELATION to the real world, aren't you?
Ken
OMG... I love it (NEG) -0.4 in 2009.....meanwhile PRICES on nearly EVERYTHING in the grocery stores went up at least 20% (and more)
OMG... I love it (NEG) -0.4 in 2009.....meanwhile PRICES on nearly EVERYTHING in the grocery stores went up at least 20% (and more)
20%?
If you paid 20% more for food in 2009 than you did in 2008 you need to change WHERE YOU SHOP. The only things I see that went up anywhere near that rate is coffee, potatoes and laundry soap.
Bread - Jan 2008: $1.68
Bread - Aug 2009: $1.77
Potatoes - Nov 2008: 32 cents/lb
Pototoes - Aug 2009: 55 cents/lb
funny thing the START of free trade...the liberal socialist Zbigniew Brzezinski, co-founder of the global elitist Trilateral Commission in 1973 and the principal architect of modern globalization
mentor of carter, bush1, clinton, bush2, and obama....and yes all liberal globalists
globalism is VERY MUCH part of LIBERALISM and SOCIALISM
take off your blinders Ken....neo-cons....liberals in conservative clothing...spend happy fiscal liberal, with a southern baptist covservative streak in the social realm
here are some quotes from some of the liberal socialist globalist , like Zbigniew Brzezinski
ZB
ZB
Federal Reserve outlining world financial trends :“Successful globalization requires a parallel international process of harmonization of rules, including rules governing the financial system, a process that has been going on largely silently for many years in the central banking community
Richard N. Haass:
Haass should know. Not only is he a member of the Trilateral Commission, he’s the President of the Council on Foreign Relations. In fact, Haass wrote the forward to the CFR report, Building a North American Community.
In December, 1994, at a meeting in Miami, Florida, the Clinton administration launched a program of continental “economic integration,” which was put in motion after “the leaders of 34 countries in the Western Hemisphere pledged…to form a Free Trade Area of the Americas (FTAA).”
Zbigniew Brzezinski described in his policy handbook, The Grand Chessboard –
Your post is simply rambling nonsense that says nothing.
What the heck is your point? That TWO GUYS made a few comments?
Ken
Last edited by LordBalfor; 05-05-2013 at 11:51 PM..
Sorry, but the economy is beginning to recover, per the jobs report and stock market. Once the market is high enough, they will be able to raise interest rates and the stock will fall, climb again and repeat. People are traveling more and things are looking up.
I'm sorry of anti-Americans don't want this to happen and want to keep pedaling negativity because they don't like America or the president, but things are looking better. If not for you, maybe it's time to work at finding a new job or investing in this awesome stock market.
Good luck seeing the good in this awesome country!
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