It's The Economy, STUPID!.....

[FOTD]

Bill with a spoon.....here. Read up. Learn something ......it helps when disaster strikes.

YIKES! Investors' Growing Appetite for Oil Evades Market Limits
Trading Loophole for Wall Street Speculators Is Driving Up Prices, Critics Say

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/05/AR2008060504322.html?hpid=topnews

"agency officials have recently signaled greater concern, saying they want to collect more data to determine whether speculation might be a significant factor. That information can be difficult to obtain because commodity trading often occurs through private, unregulated transactions and on overseas exchanges. "

"This is something that we are obviously concerned with -- the potential for manipulation."

"Some Democratic and Republican lawmakers allege that gaps in oversight are allowing deep-pocketed speculators to manipulate prices. "

Once again, broken government brought to you by DC lobbyists and greedy corporations sponsored by Dick Cheeeny and Dumbya Bush.

[FOTD]

Worst June since the Great Depression.

[:O]

Will the car companies survive?

Will the airlines stay in business?

Will the Fed raise interest rates to slow inflation?

Will the dollar rally?

Will the US slow to little productivity?

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?

[cannon_fodder]

quote:Originally posted by FOTD

Worst June since the Great Depression.

Exactly like it, except the whole 5.5% employment thing.  Oh, and the availability of insurance, Section 8, Medicare, Medicaid, Food Stamps, and the lack of economic retraction.

Otherwise, right on!

quote:
Will the car companies survive?

Will the airlines stay in business?

Will the Fed raise interest rates to slow inflation?

Will the dollar rally?

Will the US slow to little productivity?

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?

Yes - they survived many real depressions before.

Yes - it is a needed service and they will adjust.  Perhaps not all the legacy carriers, but the industry will survive.

Yes - eventually

Yes - eventually but hopefully not before our economic situation has stabilized

No - we might have a negative growth QT per GDP, but our productivity will probably grow.  Productivity does not go down even in depressions.

Yes - you blamed Bush for everything... the circle of life.
- - -

You may now go back to your conversation with self.

[FOTD]

Let's see..... Mister Market?

"thanks for the ideas." Cannon Fodder


"I'm pretty secure in my midtown bubble and rarely deviate. Sad, sad little world I live in really." Cannon Fodder

[Gaspar]

quote:Originally posted by FOTD

Worst June since the Great Depression.

[:O]

Will the car companies survive?

Will the airlines stay in business?

Will the Fed raise interest rates to slow inflation?

Will the dollar rally?

Will the US slow to little productivity?

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?

That's a riot!

Good time to buy strong stocks.  Getting on it today!  [8D]

Lemons into lemonade!  Always!

Productivity will increase actually.  Indicators are not leaning toward a negative quarter.  Spending is still strong.  Don't know what you use to forecast, but I wouldn't trust that crystal ball on top of the pewter dragon figurine on your coffee table!

[cannon_fodder]

quote:Originally posted by FOTD

Let's see..... Mister Market?

"thanks for the ideas." Cannon Fodder

"I'm pretty secure in my midtown bubble and rarely deviate. Sad, sad little world I live in really." Cannon Fodder

You're on a roll!  This response had NOTHING to do with my reply.  See how when I make a post, it relates to the what else was said in the thread. Sometimes I even answer your questions.

The best you can come up with is a post that relates somehow to another forum member who ha also posted in the thread.  Good effort I suppose.  Oh, and very damaging.  "Thanks for the ideas..."  ouch.

[FranklinTower]

quote:Originally posted by FOTD

Worst June since the Great Depression.

[:O]

Will the car companies survive?

Will the airlines stay in business?

Will the Fed raise interest rates to slow inflation?

Will the dollar rally?

Will the US slow to little productivity?

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?

Will the car companies survive?
Dead except electric http://www.zapworld.com/

Will the airlines stay in business?
Nationalize!

Will the Fed raise interest rates to slow inflation?
They better!

Will the dollar rally?
The need for international currency is now!

Will the US slow to little productivity?
It will just change

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?
He will usher in a new era of clean efficient government.  We will be an example to the world again.  He will open our eyes to the evils of the private capitalist, turn the tide on a sick environment, and develop programs that keep us all healthy and happy, not just big business!

[FOTD]

I hear there hangs a bell in Franklin's Tower!

Don't plant ice around these threads because you'll just harvest wind (hot air)....

Grate replies......right on target.

[FranklinTower]

quote:Originally posted by FOTD

I hear there hangs a bell in Franklin's Tower!

Don't plant ice around these threads because you'll just harvest wind (hot air)....

Grate replies......right on target.

Rings like fire when you lose your way! []

[FOTD]

Federal reserve wrong again as US economy faces round three financial meltdown and heads towards depression
Mike Moran

http://www.indiadaily.com/editorial/19672.asp


"The Federal Reserve is wrong again. They are talking about raising rates while the US economy silently faces round three (massive) financial meltdown from unjustified M&A activities and regional bank failures.

The gas price is making every one shake up. The incentive to new investments and risk has disappeared. That is a dangerous sign for any free market economy. The commodity inflation and wage deflation is degrading the standard of living.

The lack of common sense of the Bush Administration and the lack of economic sense of the Federal Reserve have brought the economy to its knees. People in the main street say "bush ruined our economy.'

Supply side economy has failed miserably. It is not clear how much Obama can do in the short run to recover the economy from the real mess it is in.

In the middle of all this, the Federal Reserve is looking at raising rates. They do not realize they are sitting on an economic time bomb called depression. They have no clue that the leveraged M&A blow up will be ten times larger than the subprime fiasco.

Like in last year and early this year, they will raise rates (if al all) only to lower it to 9% in the next several quarters. "

While the last paragraph is odd, the rest is fodder for thought.

[Gaspar]

quote:Originally posted by FranklinTower

quote:Originally posted by FOTD

Worst June since the Great Depression.

[:O]

Will the car companies survive?

Will the airlines stay in business?

Will the Fed raise interest rates to slow inflation?

Will the dollar rally?

Will the US slow to little productivity?

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?

Will the car companies survive?
Dead except electric http://www.zapworld.com/

Will the airlines stay in business?
Nationalize!

Will the Fed raise interest rates to slow inflation?
They better!

Will the dollar rally?
The need for international currency is now!

Will the US slow to little productivity?
It will just change

In 6 months will they start blaming Obama and his party (not Joe Leibermaniac)?
He will usher in a new era of clean efficient government.  We will be an example to the world again.  He will open our eyes to the evils of the private capitalist, turn the tide on a sick environment, and develop programs that keep us all healthy and happy, not just big business!

Oh great!  Perhaps we should just join the EU?

Should we outlaw private property and private business?

Make everyone an employee of the state?

We could all just be happy Comrades?

[FOTD]

Sign Of the times....Starbucks to close 600 stores in the U.S.
Company greatly increases plans for store closures amid weak economy

http://www.msnbc.msn.com/id/25482250/

Nobody mentioned Dollar Thrifty stock hit the sheeter today....down %40?

[Conan71]

quote:Originally posted by FOTD

Sign Of the times....Starbucks to close 600 stores in the U.S.
Company greatly increases plans for store closures amid weak economy

http://www.msnbc.msn.com/id/25482250/

Nobody mentioned Dollar Thrifty stock hit the sheeter today....down %40?

Over-built, over-hyped, and over-developed.  Kinda like Krispy-Krud Donuts.  I've got a hunch some of the current building binge in the area could get shelved for awhile out of fear of larger national consequences.  I'm not much of a doom-sayer, but this is going to be a brutal year for retail due to high fuel prices.  Higher product cost, consumers have less left over after taking it up the tailpipe at the pump.

A gallon of Starbucks makes gas look like a bargain.  What a bunch of yuppie dreck anyhow.  I don't think the snob factor of their coffee surpasses the flavor of anything locally purveyed.

[FranklinTower]

Ford's going out of business.  GM is soon to follow.  They keep pushing thier 10,000 lb. SUVs on us.  Gas is going to top $6.00.  No one is adjusting thier lifestyle, and milk costs the same as fuel and has just as many chemicals in it!

Mercedes has sold over 2,000 smart cars so fra this year.  They go about as fast as a bicycle, and cost more than a nice Honda Civic, but with none of the excercise advantages.  

Some people shoulden't be allowed to make thier own decisions!

Time to clean up. Time for social progress. Time for Change!

[cannon_fodder]

They sold 2,000 cars?  Ford sold about 100 times the number of gas guzzling SUVs.  2,000 cars is just not impressive.

I highly doubt FORD goes out of business for a number of reasons.  

#1, it is entrenched in the marketplace.  Too many people stand to lose everything if they go under - dealers, repair shops, distributors, cities, states and unions will be willing to kick in money to keep Ford rolling.

#2, Kerkorian is no dummy.  I doubt he dropped several billion into a company that is going under.  To along with that is a 78% institutional ownership rate, meaning financial companies are still betting on Ford.  Doesn't mean it won't fail of course... but the rats aren't jumping ship just yet.

#3, Their financial remain sound.  Their acid test is sound, their cash flow remains positive, and even their long term ratios remain positive.  Ford is a going concern.  It isn't very strong, but the risk of going away in the near future is slight.

*for full disclosure, I have recently become more heavily invested in Ford.  If it was a good buy at $6, it had to be a great buy at $5.  
[B)]

[edit]

quote:Will the airlines stay in business?
Nationalize!

. . .

Will the dollar rally?
The need for international currency is now!

Wow.  Nationalizing an industry has NEVER made it more efficient, consumer friendly, nor profitable.  With deregulation we more flights for less money, in spite of fuel prices going up 8 fold since deregulation (believe it or not, flights are cheaper). Not sure why nationalizing, which has never worked before, would help with the airlines.  Ever ridden AmTrack for anything other than recreation?

And the aspects of a global currency are way too complex for a message board discussion.  Not only is it feasibly nearly impossible, but probably is not desirable.  Currencies give countries comparable advantages as markets fluctuate (weak currencies draw investments and encourage exports, strong currencies can invest and consume imports).
[/edit]