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More "unexpected" bad economic newsFollow

#77 Jun 15 2010 at 7:57 AM Rating: Decent
Xsarus,

Quote:
Feel free to argue against letting them expire. Just don't say that taxes are being raised.


Why the h*ll not? You liberals kept lying that W was just lowering taxes for the rich. You liberals lie about the GOP wanting to cut medicare and medicaid.

The GOP needs to be screaming at the top of their lungs that Obama wants to end W's tax cuts and increase taxes on millions of americans who are facing the worst economy since the great depression. Isn't that what the Democrat congress kept pounding into the american psyche a good 2 years before the recession hit. Not only that but the Democrats actively saw to it that the economy would tank so as to position the US to elect a radical liberal.

Like I said we need to be screaming that the Democrats are raising taxes and let every person who takes that increase judge for themselves whether they want to continue to support these legislators.

If Democrat congressmen can assault people for asking them questions they don't want to hear then surely the GOP can refer to these expiring tax cuts as tax increases.




Edited, Jun 15th 2010 9:58am by knoxxsouthy

Edited, Jun 15th 2010 9:59am by knoxxsouthy
#78 Jun 15 2010 at 8:55 AM Rating: Excellent
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knoxxsouthy wrote:
If Democrat congressmen can assault people for asking them questions they don't want to hear then surely the GOP can refer to these expiring tax cuts as tax increases.

That's fair. You call 'em tax increases and we'll send Pelosi to beat the shit out of you in the street.
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Belkira wrote:
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#79 Jun 15 2010 at 12:53 PM Rating: Decent
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Jophiel wrote:
gbaji wrote:
WTF are you talking about?

Well, that's like the third or fourth time you've had to say that in three posts so, I dunno, maybe I'm being too smart for you or something.


No. You made a statement which had a pretty clear meaning. But now you want to pretend you didn't really say it. But while insisting that you didn't mean what you said, you continue to refuse to provide an alternative meaning. Pretty weak really.


Quote:
Read it again and scrunch up your forehead and try to riddle it out.


Not going to play 20 questions with you Joph. I'll just assume that your unwillingness to provide an alternative meaning to the one I and likely every other reader assumed when you wrote your earlier statement(s), means that you really did mean to make the absolutely stupid comment you made.


Next time (and there will be a next time), how about if you're going to try to backpedal out of a dumb comment, you at least try to come up with an explanation? This is like the third or fourth time we've played this game, and it's just getting more fun each time. If you're unwilling to be held accountable for your words, then maybe you should stop and think before posting. Just a thought.

Edited, Jun 15th 2010 12:08pm by gbaji
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More words please
#80 Jun 15 2010 at 1:05 PM Rating: Good
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knoxxsouthy wrote:
Not only that but the Democrats actively saw to it that the economy would tank
Smiley: lolSmiley: tinfoilhat
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so as to position the US to elect a radical liberal.
If only.
#81 Jun 15 2010 at 1:39 PM Rating: Excellent
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gbaji wrote:
Not going to play 20 questions with you Joph.

No, seriously, there's nothing wrong or even overly confusing about what I wrote. If I keep trying to repeat it and you keep going "WTF??? This makes no sense!!" then eventually I have to assume that you're either retarded, not trying or are using feigned ignorance to avoid it. In none of those cases is it worth my time to continue.

But I'm glad you've declared yourself the "winner" via your inability to understand concepts. Congratulations.
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Belkira wrote:
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#82 Jun 22 2010 at 10:19 AM Rating: Decent
Guess what...that's right more UNEXPECTADLY BAD ECONOMIC NEWS

http://www.cnbc.com/id/37845591


Sales of previously owned homes fell "unexpectadly".

The liberal MSM is sure predictable if anything.


#83 Jun 22 2010 at 11:01 AM Rating: Excellent
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*Shrug*

You not liking Obama doesn't mean that analysts should have predicted that a continuing upward trend in home sales was going to drop off in May.
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Belkira wrote:
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#84 Jun 22 2010 at 11:13 AM Rating: Good
Jophiel wrote:
*Shrug*

You not liking Obama doesn't mean that analysts should have predicted that a continuing upward trend in home sales was going to drop off in May.


Though, oddly enough, I think it was predicted that once the homebuyer's tax credit expired, home sales would drop off. Since it expired April 30th, that makes complete sense.
#85 Jun 22 2010 at 11:32 AM Rating: Good
Jophiel wrote:
*Shrug*

You not liking Obama doesn't mean that analysts should have predicted that a continuing upward trend in home sales was going to drop off in May.

Fair point. They should have been able to do that completely absent retarded forum posters. When incentives lapse, action declines. I'll give you just one guess at what will happen the next time they put in an incentive to buy homes. I'll even give you a hint: sales will go [rhymes with pup].
#86 Jun 22 2010 at 11:36 AM Rating: Good
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His Excellency MoebiusLord wrote:
Jophiel wrote:
*Shrug*

You not liking Obama doesn't mean that analysts should have predicted that a continuing upward trend in home sales was going to drop off in May.

Fair point. They should have been able to do that completely absent retarded forum posters. When incentives lapse, action declines. I'll give you just one guess at what will happen the next time they put in an incentive to buy homes. I'll even give you a hint: sales will go [rhymes with pup].
They were expecting it go down one month later because the incentive, while ending in April, still allowed homeowners to close until the end of June, which is how the numbers are measured.
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#87 Jun 22 2010 at 11:46 AM Rating: Good
Sir Xsarus wrote:
His Excellency MoebiusLord wrote:
Jophiel wrote:
*Shrug*

You not liking Obama doesn't mean that analysts should have predicted that a continuing upward trend in home sales was going to drop off in May.

Fair point. They should have been able to do that completely absent retarded forum posters. When incentives lapse, action declines. I'll give you just one guess at what will happen the next time they put in an incentive to buy homes. I'll even give you a hint: sales will go [rhymes with pup].
They were expecting it go down one month later because the incentive, while ending in April, still allowed homeowners to close until the end of June, which is how the numbers are measured.

I was under the impression that they were measuring on contracts written, not closings. Contracts had to be in place in April.

EDIT: to clarify, I missed that sentence.

Edited, Jun 22nd 2010 12:48pm by MoebiusLord
#88 Jun 22 2010 at 11:55 AM Rating: Decent
Imagine that incentives go down and and so do home sales.

Now if Democrats can just realize that reducing taxes can have the same effect as providing incentives maybe we can start to get somewhere.

#89 Jun 22 2010 at 11:57 AM Rating: Good
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I'm sure the Chinese would be more than happy to loan us more money.
#90 Jun 22 2010 at 12:07 PM Rating: Decent
It's only going to get worse for the democrats.


Voters tend to not like incumbents when the market is tanking and the govn plans on raising their taxes; oh i'm sorry "allowing the W tax cuts to expire" which, as we have learned from Democrats, doesn't count as an actual tax increase.

Let's see if they can tie all this to W.

#91 Jun 22 2010 at 1:29 PM Rating: Excellent
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It sounds as though the credit itself was extended but I won't pretend to really be in the loop:
MarketWatch wrote:
WASHINGTON (MarketWatch) -- Resales of U.S. homes and condominiums fell 2.2% to a seasonally adjusted annual rate of 5.66 million in May despite the boost from a federal tax credit for home buyers, according to National Association of Realtors data released Tuesday.

Economists surveyed by MarketWatch had been expecting sales to rise about 6% to an annual rate of 6.11 million units, theorizing that the expiration of the tax credit at the end of June would force some buyers to rush ahead.

The outlook isn't looking rosy for homebuilders after the stocks have had a big speculative run, with the housing market still very much not out of the woods. Meanwhile, the Chinese central bank set the yuan's rate stronger than a day earlier but its subsequent weakening in spot trading suggests this new system is very much not a one-way street. Paul Vigna and Madeleine Lim discuss.

"While the headline figure is below expectations, it is still a decent figure and above the six-month average of 5.39 million," wrote Omair Sharif, economist with RBS Securities.

Sales could remain at elevated levels for another month before the stimulus from the home-buyer tax credit stops, said Lawrence Yun, chief economist for the real estate agents' lobbying organization.
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Belkira wrote:
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#92REDACTED, Posted: Jan 07 2011 at 12:34 PM, Rating: Sub-Default, (Expand Post) http://www.bloomberg.com/news/2011-01-07/u-s-adds-fewer-than-estimated-103-000-jobs-unemployment-declines-to-9-4-.html
#93 Jan 07 2011 at 12:51 PM Rating: Good
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gbaji wrote:
I think the larger point is the media portrayal of this. The media seems to be falling over itself to make everyone believe that the economy is recovering just fine and every thing's going well.
Thanks for the snicker...:)

The article in the OP is already gone. The media has apparently moved on to trying to make us believe that unemployment is on the decline.

Edit - I didn't get the necro-post warning >.<

Edited, Jan 7th 2011 7:57pm by Elinda
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#94REDACTED, Posted: Jan 07 2011 at 1:38 PM, Rating: Sub-Default, (Expand Post) Elinda,
#95 Jan 07 2011 at 2:04 PM Rating: Good
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I like this thread having more than 1 varus account posting in it.
#96 Jan 07 2011 at 6:35 PM Rating: Decent
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The economy *is* getting better. It's just that we won't magically have four million new jobs created just because the Pubbies won a few seats last November. I mean, I've gotten two new jobs in the past six months, and I'm just an uneducated pothead.
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publiusvarus wrote:
we all know liberals are well adjusted american citizens who only want what's best for society. While conservatives are evil money grubbing scum who only want to sh*t on the little man and rob the world of its resources.
#97 Jan 07 2011 at 9:39 PM Rating: Good
The economy has been getting worse for about fifteen years now, so why should anything change?

Hint: I'm referring to the ~8% annual inflation on consumables, on average, over the last fifteen years. You want to see one of the big reasons why nobody making over $100k/year is managing to get anywhere, there you have it.
#98REDACTED, Posted: Apr 14 2011 at 1:04 PM, Rating: Sub-Default, (Expand Post)
#99 Apr 14 2011 at 1:08 PM Rating: Good
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Fingers crossed for necro-related bannination.
#100 Apr 14 2011 at 1:10 PM Rating: Excellent
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Further in, the story wrote:
The four-week moving average of unemployment claims—a better measure of underlying trends—climbed 5,500 to 395,750.

The rise in claims interrupted a downward trend that had kept them below the 400,000 threshold for four weeks. That level is normally associated with steady job growth. Despite last weeks rise, the four-week average held below the 400,000 mark for a seventh straight week.

Huh.
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Belkira wrote:
Wow. Regular ol' Joph fan club in here.
#101REDACTED, Posted: Apr 14 2011 at 1:11 PM, Rating: Sub-Default, (Expand Post) What is a necro-post? I do know the liberal media is still spouting this "unexpected bad economic news" crap. Unlike others I like to stay on topic =)
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