abetterplace

Are Unemployment Numbers Bogus?

Always remember this report :

This report finds that all reports, surveys, opinions and studies are flawed at least 50%, including this one.

The Bears' Skepticism Is Getting Old

You got it right Harry. Picture the market as a snowball, with the snow being optimism or pessimism and determining the amount of snow available and the length of the roll. In the end, the snowball always stalls and melts or keeps rolling until it finally bursts. It never knows when to stop at the optimum time.
The old snowball theory everyone knows.
About as good as the next theory.

There Won't Be a Recovery

Yea buddy. Just thinking of where all the happy, equal people are in the world after the upper echelon of citizens were robbed of their money for the benefit of the masses. UH. Uh. uh. Just give me a few minutes, I'm thinking.

Loss of Manufacturing Jobs Prevents Normal Recovery

Not being a union man, I fail to understand what's wrong with working 60 hours a week.Laziness did not propel this country to the greatest one in the world.

Martin Weiss: A Depression Is Unavoidable

"I wrote this book primarily to help you and everyone protect their wealth and grow it in these difficult times, but I also wrote it for another reason, and that is to try to help the country."

Why sure you did Mr Weiss.
Mr Weiss, you're just like the fox in the hen house.
Get um while they're running boys and skin um good.
You and your publisher will be laughing all the way to the bank.

Nothing About This Economy Is Surprising

Einstein was indeed a genius, but not in all things. Knowing that I am about as dumb as dirt, I do not subscribe to his quote other than in very broad terms. One really cannot do the exact same thing over again. There is one element that will certainly not allow this and that being time. Under a controlled. scientific environment, time would probably make no difference, but in the real world many times it would. Whether it is spending a dollar in 1900 vs 2000, or an ounce of gold, there would be a difference in the results.
Much shorter time frames would also allow a different result.

That being said, I feel that the current economic situation is not to be blamed to any one entity. Yes, much more to some than others, but there is plenty of guilt to go around.
We as American citizens share in this. We have lived the good life and do not want that changed. We have become too liberal. Many want a Utopia. Everyone with a new house and car, a 30 hour work week or none at all.

Well, it ain't gonna happen. No matter what the banks and politicians do, this country is not going to recover without
some deep soul searching by everyone. We all cannot have what Joe has.Not unless we are willing to sacrifice and do what is necessary to obtain it through hard work and diligence. So please, quit blaming our lot on the banks and politicians. Take a good look in the mirror first.

Economic Prospects Continue to Improve

You got it right, John. Now let's figure out how to convince all the bull headed bears of this.

Wall Street Breakfast: Must-Know News

What's going on with SA. It's 7:22 Am ET and yours is the only article posted with today's date.

Markets Still Seeking Bottom

With all the bad news coming out this week, It would take an "Act of Congress", no pun intended, for the market to keep its head above water for the next week or so.

Did the Market Show Capitulation? Not Exactly

I always liked the old adage that "An expert is anyone more than 50 miles from home carrying a briefcase" I think we have seen more experts go bust with this market and their predictions than good sense allows. Ask enough people for their predictions and I can assure you that you will find the one you are looking for.

My non expert prediction is to throw away all the historical charts at least before 1990. This world trade thing has made all the old charts worthless.

Wall Street Is Short Barack Obama

Look folks. With the majority of us voters electing Obama, we can't blame him yet.
No way that 54%, or was it 56%, or whatever, of us misjudged the man and his abilities. After all, the only thing he has done so far is to spend us into oblivion and to nominate four individuals, that will stand guard at the most important posts in government, who failed to be able to keep track of their tax obligations and were still ramrodded in. I don't know about ya'll, but I still have great confidence in the man. All I have to do is remember how much experience he has in these matters.

Orwellian Finance: Is 1984 Happening in 2009?

Your article has some hints of truthfulness but, in general, is about as flawed as the government is today. Most quotes are either from politicians or novelist.
The only quote I saw from economists was an armchair opinion. Nothing can be proven to validate what they say would have happened.

(Politicians invariably respond to crises -- by spawning new government programs, laws and regulations.) Leave out the middle phrase, that is pure speculation, and yep, that is what we pay them to do.

The Federal Reserve does not have to generate unending inflation, capitalism automatically does that. No way around it unless we end wage increases and can control prices coming from other countries goods.

Although you failed to convince me, I still think I will look around and see if there may be another country with a standard of living as good as ours and a more perfect government so that I might move there.

American government is a bit broken today as it has been in the past, but together we can repair it again.

Bleak Economy, But Not the End of the World - So Stop Panicking

A very good article, Toro. Economics 101 knows that free market enterprise cycles up and down. We all know that. This one was greatly magnified by the reckless actions taken by the government and lenders. We all need to be hoping that this little excursion has taught everyone a lesson and will not be repeated, at least in the next 20 years or so.

Now is not the time to allow Dr Gloom and Dr Doom to take control. We should have listened to them 3 years or so ago. What we need now is a team spirit to overcome the current panic. A mindset to the fact that, Yes we are down, but not for long. As you said, there are values out there to be had, so lets go get them.

January: Expect Gains

Good article. I will take a 4% monthly gain anytime. I am afraid though that you ruined the gloomsayers thought chain. I certainly hope all the shorters get their due pay. Go America!! and God Bless the USA.

2009 Predictions I Hope Are Dead Wrong

Doomsayer Criaig

Fortunately, I think you got only a few right.
1.After a winter of sobering thought, most of the housing losers will be flushed out.
Come May and beautiful weather, the remainder will have thought out their positio ns with their financers and terms negotiated. From there things will improve.
2.Money will also begin to loosen in early summer.
3.No Way. The market will lead the recovery with a slow but relative steady recovery beginning now.
4.Yep, I know more than we would like, but not a death blow amount.
5.You are right again. This will be a drag, but we still have 90% or so working.
Not the end of the world.
6.Probably right again. No great effect on the economy.
7.No more than historically seen in the past.
8.The EU will get their act together. When push comes to shove, they will remember the good ole days of WWII.