Jobs Report Fallout: Stocks Erase Gains of ENTIRE YEAR in ONE DAY

Obama sure had not trouble using our maony to support HUGE BONUSES for his banking buddies, did he?

Not only have American learned from the mistakes of the past (Fannie/Freddie FRAUD, in particular), we're more worried about repeating the far larger (and COSTLIER) mistakes of the PRESENT.

We'll fix that in November.

 

I don't know, I picked up 80 shares of Ford when it went down 42 cents yesterday. Sort of wish I had bought another 20 and brought it up to 400. I may still do if it goes down more. I may buy more than that.

 

When Obama's election look inevitable (9/08 ) the DOW was at 9500 and we were losing ONLY 300,000 jobs/month. But the future was clear to business: ****. And they did.

 

Looks like the jobs report and unemployment numbers had the same effect..AGAIN.

 

No, YOUR POST IS A LIE.

 

This post is a LIE.

 

The vibrant economy of which you speak moved to China Welfare ain't got nothin' to do with it.

 

Now you're blaming the closet socialist for what business execs pay themselves and each other at others' expense?

 

What ABC news said:

What you say:

Yeah. Uh-huh. We realize that the common math skills required to prove your asinine claim are distinctly absent from your silly ,childlike posts.

As I said, take it up with ABC news. Support your claims or stop making a fool of yourself here.

 

The election centers on electing the guy who has the best sounding idea for an immediate turn around.

The two proposed "plans" seem to be (1) Tax and Spend Vs (2) lower taxes, don't spend, eliminate the EPA and other regulators.

Both ask the public to wait after one or the other is given another 4 years to see how sucg an "experiment" will work in practice.
It seems lie a re-run of FDR Vs Harding.
But Harding went first last time, and FDR did pull it offuntil the real solution arrived, WWII.

So, if we attack Iran and institute Romney's Plan the same history may repeat itself.
I fact, Obama told Israel to wait until after election, then bomb.

Maybe both men actually ahve the real plan in mind.
War.

 

I am blaming the overt socialist for enriching his buddies with my money.

 

Uh-huh. Sure....

 

Hmmm...
49.9% of the people in America are receiving some form of entitlement from the Government.
Only half, the other 50%, are tax payers.

Also:
The 2012 Welfare expenditure is the same as the Bail Out, over half a trillion dollars.
The estimate balloon of Welfare over the next decade is 5X what is estimated for Obama care.


Welfare today, ($600 Billion), equals the cost of the 2012 Military Budget, ($600 Billion):





QUOTE=Lowden Clear;1061283776]All I gotta say is when you vote in November, don't forget to pull that Thingamajig to cast your vote.[/QUOTE]



What rational intelligent and wise people need to do is forget about politics.
They ought start promoting (on the internet) the ideas that neither Romney nor Obama are even considering as a solution to the economic problem in the whole Western world.

Problem: People are too scared and worry to spend their money or borrow on credit for big items, like cars, Homes, vacation property, etc.

Solution: Give every working person pay raises.

Plan: Increase the Minimum Wage for the 80 million Unskilled laborers.
That will require salary raises follow, naturally, for Skilled Labor, the Professionals, the Managerial Staff Workers, etc.


First, the minimum wage has not increased fairly and as it had always done since 1940.
The big slow down in raising the Min Wage began in 1960, when the women entered and doubled the Unskilled Work Force.
Employers had twice the Labor Pool, so wages were ultimately cut in half since then.

Check it out:





Minimum Wage

1940 = $.25/hr

1950 = $.50/hr

1960 = $1.00/hr

1970 = $1.75/hr as the doubling stopped when excess labor was avaiable. Headed for $2.00, that was not reached until 1975.

1975 = $ 2.00/hr

1980 = The curve now shows the doubling requires 15 years, of is 1/3 less every year than previous to the women enteringthe labor pool.

1990 = $4.00/hr

2015 = $8.00/hr


These Min Wage rates after 1960 are depressed and ought to hve been much higher by 2012.
Had the normal doubling occurred, the rate for min Wage would be more than double the present wage, well over $16.00/hr

 

That post is a LIE.



So on which day were the gains of the "ENTIRE YEAR" erased on? We're waiting.

 

ABC News was measuring from opening day in January, until now. The "entire year". If one invested (or were already in the market)on Jan.3, 2012, and stayed pat until yesterday, ALL GAINS FOR 2012 WERE ERASED.

Now,start in with the "what if's", hypotheticals, and all the other bullcrap you'll be trying to use to make that not True, as it is.

Nothing spells Leftninny "spin" like the pretty charts....

 

ABC did NOT say the "gains of the ENTIRE YEAR were erased in ONE DAY." That is a LIE. What day did the gains for the "ENTIRE YEAR" get erased on?

 

The executive pay increase is in line.
Note that every ten years, the pay doubled.

That is what happens in a Paper money System.
Everyhting is SUPPOSED to double ever ten years becvause the Inflation Rate for Paper Money is 7% a year.
If anything increases by 7% a year, in ten years it will double the principle.

That is called The Law of 72.

The reason the executives deserve and need double in ten years is because prices always double everyten years:


A double check on this is to compare the increased price of products and services every ten year over a span of many years.
Prices double @ every ten years.

For instance, in 1963, a gallon of gas cost .18 cents
1973 = $.36
1983 = $.72
1993 = $1.44
2003 = $2.88
2013 = $5.76?

 

And blue collar wages? What about those? Hhhnmm?

 

Great news that the market bottomed for us!!!

The Economic Foundation for a Paper Money Economy mandates ups and downs, while the general trend is for the Stock Market to double every ten years.

Now is the time to buy and buy and buy... (not Facebook, though).


In 1960's the Dow was $700.00

1960's = $700
1970's = $1400
1980's = $2800
1990's = $5600
2000 = $11,200
2013 = $22,400?


The present ups and down are all psychological.
Fear and uncertainty, and the constant daily Bad News has people temporarily out of the Market.
But they KNOW bond are no good, so what is left for people with mega bucks????

 

The problem is that the rich seem to think that they always need more money, which is supposed to be reinvested and thus make the economy churn.

The problem is wages not keeping up with expenses, certainly, and add to that the loss of wealth-generating jobs. It's no wonder that so few Americans are paying taxes - with wages and expenses what they are today, no one can really afford them. This country is going bankrupt, pure and simple.

 

They have been deopressed because of the Sexual Revolution.
Women, especially unskilled labor, enter the work force and expanded the Labor Force.
The economic law of Supply and Demand went into effect.

The large Labor supply reduced the cost of Labor, so those wages did not rise to double every ten years.

If the Federal government will take my advice, raise the Minimum Wage, trined Blue Collar and Skilled Labor workers will see wage increases on par with what the new Unskilled Labor gets paid.

Raising the Min Wage will raise everyone's wage accordingly.

The extra bucks will require small price increase, and a temporary dismissal of any labor that can be done away with, but the long run will large increases in consumer Spending and an end to the Recession.

I propose the min wage be uncreased over the next 8 years in steps, until it reaches tha level where it would have been had the women stayed home, i.e.; $25 to $30.00/hr

 

From the OP article:

After a dismal May jobs report, U.S. stocks had their worst day in 2012, erasing the gains for the year and touching lows for a number of benchmarks


Reading comprehension troubles?
Now, we all realize that you are desperately trying to play Leftninny Word Dance. Your ridiculous attempts to spin the fact that the markets are LOWER than their open on January 3rd, fool no one. Everyone realizes that they mean to THIS POINT of the year,youngster.

That means , in PLAIN,SIMPLE MATH, that any GAINS YOU MADE over that time, are NOW GONE,if you stayed in the market, from January 3rd until now. THe ENTIRE YEAR of 2012, so far.

Now,as I previously posted, go ahead with your silly "spin" and other bullcrap to try to make the HARD NUMBERS , somehow not be "true" anymore.

Leftninny Word Dance=all they have LEFT...

 

That it is and people can ill afford to pay for higher utility bills if Obama puts the coal fired plants out of business, or raises gas prises like he said he wants to do. Health insurance is also going up. If gas continues to rise, so will most everything else that is shipped by truck. Can we also afford to make 12 million illegals citizens, when probably over half will go on the our already swollen welfare and health care rolls? These are only some of Obama's policies he wants to enact.

 

Nah...

The Americans are intuiively aware of the FACT that the wages are too low.

They can see that working solves no problems for them in regard to living what they KNOW isthe American Dream.

They are right.
Their ages have been depressed since 1960, simply because the doubling of the Labor Pool by adding the women to it had the economic effect of cutting the wages in half.

Think about it.
A min wage job at anyplace requires mom and dad to give you room and board.
You can gets girls because you can't afford them.

Unskilled girls realize they would have to help the guy they might have married to support them, so they live with a girl friend, or mom, and dream of Mr Success meeting them in a night club,

Double the Min wages up to what they would have been, $25/hr, and watch thos guys take back the jobs form the liberated women of today..., (who'll be glad to marry them and quit.)

 

Am I the only one that is creeped out by this? This is less than three days worth. WTF!!!

Is it possible to have a discussion without constantly repeating a single made up word or repetitively using idiosyncratic idioms?