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Old 07-01-2009, 07:12 AM
 
1,352 posts, read 1,784,962 times
Reputation: 500

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CNN's Newsroom, the anchor Betty Nguyen spoke with Money host Christine Romans about the economy. And Betty Nguyen said, "Hey, Christine! Explain this. How did we do in the first half of the year?"

ROMANS: We've seen a spring stock market rally that has been quite incredible! Job losses are slowing! Consumer confidence is improving! People are feeling a little better. They're feeling better because they're spending less. They're saving more money. They're getting back to basics. There's a new frugality that's making them feel better. There was a hu-u-uuge rally in the stock market in the second quarter. The stock market [is] telling us that it thinks things are going to get better eventually, and you're going to see that rally. If you are still invested in stocks -- if you had faith and you were buying stocks along the way this spring, you're buying them at cheap prices -- you're going to see that rally when you open up your 401(k) statement.-------"Total BS!!!"

The truth is that families, American families have lost 20% of their wealth since January of this year...

Gloomy U.S. consumers clip housing recovery hopes:

Gloomy U.S. consumers clip housing recovery hopes | Reuters

Add the Cap and Trade Bill if it passes the Senate.....The economy will be completely DEAD!!! You'll see depression levels of unemployment 25% or greater....
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Old 07-01-2009, 08:14 AM
 
19,654 posts, read 59,413,124 times
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Understand that it is not an Obama news filtering any more than it was a Bush news filtering. The forces driving those slanted reports are in the boardrooms of the news media (like GE) and the big money that stands to lose if the shell game is exposed. Those forces took over much of the news back about the time that Cronkite retired, and have been making increasing inroads since then.

When Michael Jackson coverage on NBC news took up the entire evening news broadcast with the exception of about a two minute gloss of the other news, it is fairly obvious that "news" has turned to "newspeak."
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Old 07-01-2009, 08:29 AM
 
13,670 posts, read 23,830,646 times
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Quote:
Originally Posted by tonyandclaire89 View Post
Add the Cap and Trade Bill if it passes the Senate.....The economy will be completely DEAD!!! You'll see depression levels of unemployment 25% or greater....
Riiiiight. You're as bad as "they" are.
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Old 07-01-2009, 08:35 AM
 
1,352 posts, read 1,784,962 times
Reputation: 500
Quote:
Riiiiight. You're as bad as "they" are.
Whatever...Wheelsup...We'll see whose right if the Cap and Tax bill passes the Senate...

Yeah...CNN...Happy Days are here again....lol

U.S. private sector sheds 473,000 jobs in June...

U.S. private sector sheds 473,000 jobs in June - Yahoo! Finance (http://finance.yahoo.com/news/US-private-sector-sheds-rb-3501392484.html?x=0&sec=topStories&pos=4&asset=&cc ode - broken link)

U.S. mortgage applications fall to 7-month low

U.S. mortgage applications fall to 7-month low - Yahoo! Finance (http://finance.yahoo.com/news/US-mortgage-applications-fall-rb-4099573864.html?x=0&sec=topStories&pos=8&asset=&cc ode - broken link)=

Last edited by tonyandclaire89; 07-01-2009 at 08:45 AM..
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Old 07-01-2009, 08:48 AM
 
28,717 posts, read 42,475,949 times
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T&C89, I have decided that I appreciate your posts. I get some of my best laughs of the day reading them. Keep 'em comin!
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Old 07-01-2009, 08:51 AM
 
1,352 posts, read 1,784,962 times
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Quote:
T&C89, I have decided that I appreciate your posts. I get some of my best laughs of the day reading them. Keep 'em comin!
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Old 07-01-2009, 01:14 PM
 
48,508 posts, read 88,448,132 times
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I thnik the best indicators of what people are seeing and preparing for is the incresing savings arte. It does matter what teh media says pweople are going to judge for themselves by what they see;experience and make thier own judgements.Few people relly buy into teh media hype when they see what is happenign around them and use their common sense.Bascailly if they don't see teh beff;they ain't buying the burger no matter what the ads say.
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Old 07-01-2009, 09:20 PM
 
Location: Los Angeles, Ca
2,884 posts, read 5,394,523 times
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Quote:
Originally Posted by harry chickpea View Post
When Michael Jackson coverage on NBC news took up the entire evening news broadcast with the exception of about a two minute gloss of the other news, it is fairly obvious that "news" has turned to "newspeak."
When Elvis or John Lennon died, I bet you they took up 2-5 minutes of the evening newscast.

They should be devoting their whole broadcast to Bernanke, the FED, "The Maestro", Mr Greenspan.
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Old 07-02-2009, 09:37 AM
 
Location: Great State of Texas
86,068 posts, read 76,631,796 times
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Those green shoots must have died. Unemployment now over 9% from government, over 20% from shadowstats (6/5 numbers).

I still do not see the effects of this stimulus.
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Old 07-02-2009, 10:21 AM
 
Location: The Great State of Texas, Finally!
5,379 posts, read 11,237,932 times
Reputation: 2519
Quote:
Originally Posted by HappyTexan View Post
Those green shoots must have died. Unemployment now over 9% from government, over 20% from shadowstats (6/5 numbers).

I still do not see the effects of this stimulus.
Well, predicatably, the Great Obama will take the stage again today to tell us why things are so great, in spite of these new unemployment numbers. Didn't he say the other day "the stimulus has done its job" ???
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