209,000 More Jobs In July - Ho hum.
 

I heard today that it is the first stretch of 7 months of such job growth since the mid '90's. The economy is about 75-80% back from its peak before the crash. It would, of course, be considerably better were in not for the 'Baggers insisting upon phucking up the economy at every turn.

Indeed. This dumber than dog turds austerity approach towards infrastructure spending is a good case in point.

No thnx to Ted the Turd Cruz for pushing it back even further.

Sent from my SM-N900V using Tapatalk

You're totally lost in economics lol.

deleted

The USD is crashing,
Stocks are crashing,
Job growth is below expectation,
Unemployment is up,
Intrest rates are climbing,

And Finn says everything is cool, I'll take that to the bank.

But he can read and write though. ;)

Plus he doesn't take his ques from Blaze TV and InfoWars. :rolleyes:

Time period?

He can't tell time.;)

I did an LOL when I read that. :D
Thanks.

It's been happening Don

The USD 75.63

U.S. Dollar Slips Versus Yen, Euro After Jobs Report

The dollar fell against the yen and euro on Friday after a weaker-than-expected U.S. jobs report for July pushed back investors' timing for the first increase in interest rates since the financial crisis.


The jobs report, a primary gauge the Federal Reserve uses to evaluate the labor market, showed that U.S. employers added jobs at a moderate pace, while the unemployment rate ticked higher to 6.2% in July from June. The U.S. economy added 209,000 jobs in July, below forecasts of 230,000, while June's robust job gains were revised upward.


The dollar declined against emerging-market currencies, falling 0.5% against the Turkish lira, 0.3% versus the South African rand and 0.2% against the Mexican peso. The greenback also tumbled 1.8% against the Indonesia rupiah.

Emerging-market currencies, which have been hit hard by the recent dollar rally and the drama surrounding Argentina's recent default, reversed some of their losses Friday
http://online.wsj.com/articles/u-s-d...ort-1406899933

Shocking prediction from the best economic forecaster
O’Sullivan wins record 12th Forecaster of the Month award

http://www.marketwatch.com/story/sho...ter-2014-02-11

"Fine"

Now that's a bold and vauge analysis, no wounder he's so good at being right. "Fine" fits someones perspective i guess.

Instead of telling everyone how little you know, why don't you learn to use spell check? Or is it like audio synergy? You sound like shit because you are full of it?

Note: "Now that's a bold and vauge analysis, no wounder he's so good at being right."
That's two in one sentence!

Funny thing this guy doest say everything is fine.

Young Peter Schiff Discusses the Tech Bubble in 2002
http://www.youtube.com/watch?v=U_X6qLBtRTA

Peter Schiff Calls The Collapse In 2006, Gets Laughed Off FOX News
http://www.floatingpath.com/2012/05/...ghed-fox-news/

The documentation of this 2006 speech sounds like he is talking about the history of the housing bubble and financial crises. He also talks a bit about what will happen afterwards. He lays out play by play exactly what happen a year later.

Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8
http://www.youtube.com/watch?v=6G3Qefbt0n4

That brings us to current time and his thoughts have not faltered. Well it looks like the video was made in November 2013 We are not out of the woods and the economy is propped up by the Fed. Their QE and low interest rates are kicking the can down the road. He also calls the bubble in Bitcoin.

Peter Schiff - Market Crash 2014 | London Real
http://www.youtube.com/watch?feature...&v=XSj4tpu0kYU

I "doest" say that the economic claptrap you are peddling is no more credible now than it was when you first came here to "educate" us.

Regards,

D-Ray

"Fine" was just the hook in the lead-in. Did you continue reading?

From the article:

I disagree with the columnist--I think 3.3% is significantly higher than the 2.9% median of predictions surveyed. It's a percent of a very big thing, you know--the whole US economy? The difference between 2.9% and 3.3% will be something over four billion dollars of growth. I say it is bold, and it's not at all vague.

How would you know living in your little bubble. Dray you never even looked at any of that video documentation I posted. So I can only come to one, well maybe two conclusions. You're incapable of learning or you're just lazy.

Please don't bother DeeRay, this guy is soaked in snake oil.

When Bee asked Schiff to describe someone whose work would be worth, say, $2, Schiff said:

"You know somebody who might be? Maybe somebody who is, uh, you know, what's the politically correct word? Uh, you know, uh, for, uh, you know, mentally retarded? ... I'm not going to say that we're all created equal ... you're worth what you're worth." The full video is here.

http://mic.com/articles/80609/there-...g-peter-schiff

When one person gets quoted one too many times in one post, there is usually a credibility issue. and here we are.

No one is capable of digesting all of the information that is thrown out there on the net. To make any sense of it, one must develop a means of recognizing clues that suggest whether the information has any value. One of those clues is the source of the information. If the person hawking the information has shown himself/herself to be devoid of reason or credibility, the odds are good that the information is not worth the investment of time. No, I didn't follow the links.

You're limiting your knowledge gained with a bigoted attitude.

Pretty much what I'v known all along but hey what the heck you're just who you are.

It's a shame that you don't look at the one speach and not see that he nailed it. Giving verbatim the Housing Bubble and financial crash prior to it happening.

Bigoted?!?!

ps Anyone with a high school education and two brain cells to rub together could see that there was a housing bubble going on when it was happening. :rolleyes:

Anyhow 427 do you discern any trend?

Anecdotaly I would say things are looking up.

Recently 109 thousands people paid $45 to $189 to watch a friendly soccer
match in Michigan. :D

Are you serious? :confused:

It's early here I'll get back to you on your first comment.

This one I'll just say people live in the here and now without the slightest concern for tomorrow.

How hard is it to store 3-4 days of drinking water in ones home, keep your pantry and freezer full of food. Where I live it should be the norm because any minute an earthquake can happen. Now look at Ohio it didn't take even 4 hours for the stores in the vicinity to be completely depleted of anything to drink. It's not enough thou is it.

The mentality of I want what I want now, regardless if I really have the money for it "Ill just charge it" Pepole are living day to day in debt without any backup.

It was pretty obvious to me, but there were a whole lot of people in denial.

I remember back in 2005 one of the newly graduated engineers in our Department bought himself a starter home in a new subdivision for $159,000.

A couple of months later the same model house in that development was selling for $189,000. So the kid takes out his TI-55 and calculates that in six years his house will be worth a million bucks. And he was halfway serious too.

BTW, here it is 2014 and he would be lucky if he could unload that place for $100,000.

Very good, a clear indicator that everything is not "Fine"

By the way another indicator is Home sales are way down right now over 2013. Oh and you can't blame winter because April - August is the height of the homes sales market.

Real Estate prices have returned to somewhere near normal.

That's a good thing because the "Bush/Republican Real Estate Bubble" was not sustainable.

You mean Clinton Cuomo and Obama working with ACORN.

Your pretty ignorant Tom keep drinking the Kool-Aid but you can't rewrite history.

And this guy is accusing others of bigotry. ACORN is the right's favorite dark boogeyman.

You mean this Bush? http://georgewbush-whitehouse.archiv.../20020617.html

Amazing isn't it?

President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices.

As few as 19 of those 186 clients still own homes with clean credit ratings, following a decade in which Obama and other progressives pushed banks to provide mortgages to poor African Americans.



Read more: http://dailycaller.com/2012/09/03/wi...#ixzz39MEZhYyQ



http://htmlimg2.scribdassets.com/8ri...188b349d6b.jpg

In 1994, a class-action lawsuit was filed against CitiBank, demanding that loans be made to poor people, and others who could not show proof that they could pay the money back. The basis of the lawsuit was the 14th Amendment, which requires 'fair and equal' treatment for all citizens.

The legal theory was that failing to loan money to poor/indigent/unemployed people was, on it's face, a discriminatory act by lending institutions. Thousands of loans were processed, and of course many went into default, in part explaining why we're in the financial mess we're in.

Now, it's easy for some people to point the finger of blame at Pres. Geo. Bush for this crisis, because he's sitting in the hot seat.

What many people don't know is the suit was filed during the Clinton Administration.

The lawyer filing the suit was none other than:

Barak Hussein Obama.
Read more at http://www.snopes.com/politics/obama...DXEX5GkuQvf.99

http://www.clearinghouse.net/detail.php?id=10112

The Daily Caller? You're shittin' us, right? :confused:

Tough shit if you don't like the news source do you really expect it on the front page of the WaPo.
And Bobby there is three sources there and that's including federal documentation.

I hear you Tom. In '99 we bought at 165K in this little condo complex and in the space of four years there was a sale at double that. Another sold at $450K two years later. At that point I knew there was a bubble going on and a crash was coming.

That there's fancy folk talk!

Pete