Doc Mercer
EOG Master
I seem to recall that our "Northern Version of EF Hutton" went public
with that statement ...
anyone else recall?
with that statement ...
anyone else recall?
I thought the Stock Market was suppose to be at 5000 by now?
- Thread starter Doc Mercer
- Start date
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
Oh give it time, Hussein is just getting warmed up
Roubini: Its a BEAR MARKET RALLY-Some banks are Insolvent
Given this outlook for the real economy and financial institutions, the latest rally in US and global stock markets has to be interpreted as a bear-market rally. Economists usually joke that the stock market has predicted 12 out of the last nine recessions, as markets often fall sharply without an ensuing recession.
But, in the last two years, <INPUT type=hidden name=IL_MARKER>the stock market has predicted six out of the last zero economic recoveries -- that is, six bear market rallies that eventually fizzled and led to new lows.
The stock market's latest 'dead cat bounce' may last a while longer, but three factors will, in due course, lead it to turn south again. First, macroeconomic indicators will be worse than expected, with growth failing to recover as fast as the consensus expects.
Second, the profits and earnings of corporations and financial institutions will not rebound as fast as the consensus predicts, as weak economic growth, deflationary pressures and surging defaults on corporate bonds will limit firms' pricing power and keep profit margins low.
Third, financial shocks will be worse than expected.
At some point, investors will realise that bank losses are massive, and that some banks are insolvent. Deleveraging by highly leveraged firms -- such as hedge funds -- will lead them to sell illiquid assets in illiquid markets. And some emerging market economies -- despite massive IMF support -- will experience a severe financial crisis with contagious effects on other economies.
Link
Oh give it time, Hussein is just getting warmed up
Roubini: Its a BEAR MARKET RALLY-Some banks are Insolvent
Given this outlook for the real economy and financial institutions, the latest rally in US and global stock markets has to be interpreted as a bear-market rally. Economists usually joke that the stock market has predicted 12 out of the last nine recessions, as markets often fall sharply without an ensuing recession.
But, in the last two years, <INPUT type=hidden name=IL_MARKER>the stock market has predicted six out of the last zero economic recoveries -- that is, six bear market rallies that eventually fizzled and led to new lows.
The stock market's latest 'dead cat bounce' may last a while longer, but three factors will, in due course, lead it to turn south again. First, macroeconomic indicators will be worse than expected, with growth failing to recover as fast as the consensus expects.
Second, the profits and earnings of corporations and financial institutions will not rebound as fast as the consensus predicts, as weak economic growth, deflationary pressures and surging defaults on corporate bonds will limit firms' pricing power and keep profit margins low.
Third, financial shocks will be worse than expected.
At some point, investors will realise that bank losses are massive, and that some banks are insolvent. Deleveraging by highly leveraged firms -- such as hedge funds -- will lead them to sell illiquid assets in illiquid markets. And some emerging market economies -- despite massive IMF support -- will experience a severe financial crisis with contagious effects on other economies.
Link
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
Can Hussein do any more to show he will cripple our economy all the name of Global warming, fairness, and redistribution?
May 20, 2009
<TABLE width="95%" border=0><TBODY><TR><TD align=left width="80%">The Sleepwalkers Rally
</TD><TD align=right>
</TD></TR></TBODY></TABLE>
Although well off their all-time highs, American stocks are now marginally up for the current year. In the past two months, the markets have recovered over 30 percent from last year?s lows. But something just does not add up. In the first quarter of 2009, average U.S. corporate earnings were down over 30 percent. There is once again a serious disconnect between stock prices and economic reality. Perhaps these sleepwalking investors think that the 50 percent sell-off in 2008 was overdone and great bargains are now available. To believe this is to misunderstand the economic hurricane of last October, and the gaping holes in America?s hull that it exposed.
In the last quarter of 2008, investors faced a meltdown of the banking system. World governments injected trillions of dollars into their economies and changed accounting rules to ensure that a systemic banking failure was averted. Though the system has stabilized, investors seem to forget that none of the fundamental problems have been solved. We may have survived the initial heart attack, but the system remains wrought with clots.
The epicenter of the global financial system is still found on Wall Street. Despite that immense responsibility, the American economy is failing to restructure and seems to be indulging its traditional vices of over-borrowing and over-spending. Wherever the private sector attempts to correct its behavior, a bloated federal government overrides its efforts.
By diverting trillions of borrowed citizens? dollars into keeping alive vegetative corporations such as AIG, Chrysler, Citi, Fannie Mae, Freddie Mac and GM, the Administration is crowding out new, enterprising companies from access to vital labor and capital resources. Enshrining inefficiency in this manner bodes poorly for the U.S. corporate sector?s future capacity to increase profitability. America needs fundamental restructuring in order to compete in an increasingly competitive marketplace. Meanwhile, profitability in those countries that do the hard work of restructuring can be expected to rise disproportionately as the world economy revives.
In the meantime, U.S. banks will face an avalanche of loan defaults and derivative failures. Clearly, the Good Housekeeping Seal of Approval bestowed on many banks through the much-hyped ?stress tests? were a politically cynical, confidence-boosting whitewash. Even so, most banks were deemed undercapitalized! This dark thought perhaps explains the Treasury?s apparent unwillingness to accept early TARP repayments.
When U.S. corporate earnings fail to keep pace with the blistering ascent of stock prices, look for investors to reconsider their strategy. As they had in the second half of 2008, many investors will once again seek safety above all. But the safe havens of 2008, the U.S. dollar and U.S. government debt, are much more problematic in 2009. Alternatives will be found.
Despite severe downward recessionary forces, the apparent passing of a threatened financial meltdown and worldwide central bank manipulation, the price of gold continues to hold up. Clearly, many investors, including hedge funds, corporations, and even some governments, are taking refuge in history?s oldest guardian of wealth.
Most notably, China, the world?s largest gold producer, has recently double its central bank?s gold reserve. China also floated a preliminary idea at the recent G-20 meetings to replace the U.S. dollar with a gold-linked international reserve currency. This idea may soon catch on among creditor nations who value real money but also want the flexibility to undervalue their paper currency for the benefit of exporters.
It appears that the world is moving quietly but steadily back to the future. The U.S. dollar became the world?s reserve currency because, at the time, it was ?as good as gold.? Through political sleight of hand, the gold backing was withdrawn, leaving the world floating ? and now sinking ? along with the dollar. This new standard, if implemented, will help rebalance current accounts, re-opening the path to growth for those economies that restructure. Riding on its sense of entitlement, the U.S. is not likely to be one of those economies. Instead, the world?s largest debtor nation will suddenly confront the true weight of its obligations and be forced to significantly lower its standard of living.
As a result, the return of gold as a international reserve should not leave investors optimistic about a U.S. stock recovery. Those that are sleepwalking into this rally will have a rude awakening when they realize that the dollar has brought down the ship. Their more prudent neighbors will have already departed for the bedrock of real wealth: a healthy reserve of gold.
For a more in depth analysis of our financial problems and the inherent dangers they pose for the U.S. economy and U.S. dollar denominated investments, read Peter Schiff?s latest book "The Little Book of Bull Moves in Bear
Can Hussein do any more to show he will cripple our economy all the name of Global warming, fairness, and redistribution?
May 20, 2009
<TABLE width="95%" border=0><TBODY><TR><TD align=left width="80%">The Sleepwalkers Rally
</TD><TD align=right>
</TD></TR></TBODY></TABLE>Although well off their all-time highs, American stocks are now marginally up for the current year. In the past two months, the markets have recovered over 30 percent from last year?s lows. But something just does not add up. In the first quarter of 2009, average U.S. corporate earnings were down over 30 percent. There is once again a serious disconnect between stock prices and economic reality. Perhaps these sleepwalking investors think that the 50 percent sell-off in 2008 was overdone and great bargains are now available. To believe this is to misunderstand the economic hurricane of last October, and the gaping holes in America?s hull that it exposed.
In the last quarter of 2008, investors faced a meltdown of the banking system. World governments injected trillions of dollars into their economies and changed accounting rules to ensure that a systemic banking failure was averted. Though the system has stabilized, investors seem to forget that none of the fundamental problems have been solved. We may have survived the initial heart attack, but the system remains wrought with clots.
The epicenter of the global financial system is still found on Wall Street. Despite that immense responsibility, the American economy is failing to restructure and seems to be indulging its traditional vices of over-borrowing and over-spending. Wherever the private sector attempts to correct its behavior, a bloated federal government overrides its efforts.
By diverting trillions of borrowed citizens? dollars into keeping alive vegetative corporations such as AIG, Chrysler, Citi, Fannie Mae, Freddie Mac and GM, the Administration is crowding out new, enterprising companies from access to vital labor and capital resources. Enshrining inefficiency in this manner bodes poorly for the U.S. corporate sector?s future capacity to increase profitability. America needs fundamental restructuring in order to compete in an increasingly competitive marketplace. Meanwhile, profitability in those countries that do the hard work of restructuring can be expected to rise disproportionately as the world economy revives.
In the meantime, U.S. banks will face an avalanche of loan defaults and derivative failures. Clearly, the Good Housekeeping Seal of Approval bestowed on many banks through the much-hyped ?stress tests? were a politically cynical, confidence-boosting whitewash. Even so, most banks were deemed undercapitalized! This dark thought perhaps explains the Treasury?s apparent unwillingness to accept early TARP repayments.
When U.S. corporate earnings fail to keep pace with the blistering ascent of stock prices, look for investors to reconsider their strategy. As they had in the second half of 2008, many investors will once again seek safety above all. But the safe havens of 2008, the U.S. dollar and U.S. government debt, are much more problematic in 2009. Alternatives will be found.
Despite severe downward recessionary forces, the apparent passing of a threatened financial meltdown and worldwide central bank manipulation, the price of gold continues to hold up. Clearly, many investors, including hedge funds, corporations, and even some governments, are taking refuge in history?s oldest guardian of wealth.
Most notably, China, the world?s largest gold producer, has recently double its central bank?s gold reserve. China also floated a preliminary idea at the recent G-20 meetings to replace the U.S. dollar with a gold-linked international reserve currency. This idea may soon catch on among creditor nations who value real money but also want the flexibility to undervalue their paper currency for the benefit of exporters.
It appears that the world is moving quietly but steadily back to the future. The U.S. dollar became the world?s reserve currency because, at the time, it was ?as good as gold.? Through political sleight of hand, the gold backing was withdrawn, leaving the world floating ? and now sinking ? along with the dollar. This new standard, if implemented, will help rebalance current accounts, re-opening the path to growth for those economies that restructure. Riding on its sense of entitlement, the U.S. is not likely to be one of those economies. Instead, the world?s largest debtor nation will suddenly confront the true weight of its obligations and be forced to significantly lower its standard of living.
As a result, the return of gold as a international reserve should not leave investors optimistic about a U.S. stock recovery. Those that are sleepwalking into this rally will have a rude awakening when they realize that the dollar has brought down the ship. Their more prudent neighbors will have already departed for the bedrock of real wealth: a healthy reserve of gold.
For a more in depth analysis of our financial problems and the inherent dangers they pose for the U.S. economy and U.S. dollar denominated investments, read Peter Schiff?s latest book "The Little Book of Bull Moves in Bear
gopherbob
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
we're in the beginning of an eight year bear market rally. it's always a bear
market when the democrats are in power, even if the market is going up.
we're in the beginning of an eight year bear market rally. it's always a bear
market when the democrats are in power, even if the market is going up.
SlipperyPete
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
Financial Armaggedon
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Re: I thought the Stock Market was suppose to be at 5000 by now?
Like Jimmy Rogers says = "Alexis, if I spent $6 Trillion I don't have I can certainly show you a good time too."
Do not short the markets now as Gaithner, Bernanke and Obama are trying to inflate us out of this mess. Problem is you end with side effects like this.
http://charts3.barchart.com/chart.a...divd=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=
Like Jimmy Rogers says = "Alexis, if I spent $6 Trillion I don't have I can certainly show you a good time too."
Do not short the markets now as Gaithner, Bernanke and Obama are trying to inflate us out of this mess. Problem is you end with side effects like this.
http://charts3.barchart.com/chart.a...divd=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
uesday, October 6, 2009
Gold?s Breakout Not A Cause For Celebration: Jim Sinclair 33 Days Left
The gold price has done all of what Erik brings to our attention, but this is NOT a cause for celebration.
The action of gold in the face of the massive commercial dealers short position means that they have finally taken on a force much stronger than the ordinary trader. The other side of gold is sovereign buying on all reactions, not seeking one price, but rather taking supply away from the cash market on a step ladder basis. This occurred twice in the 70s, first when the commercial dealers took on France, and finally in 1979 when they met the Saudis in the market place.
The Fed has no stomach nor should they have to carry on an economic war over gold.
The dollar has changed significantly over the last year, becoming the currency of selection for the carry trade. We know that the propaganda that the dollar was a place of safe refuge is silly in light of the weakness in the recovery. Last Friday that message was delivered to the market loud and clear.
It may even be possible that general equities are being buoyed by the soft dollar in light of Quantitative Easing as there is historical precedent for that.
Clearly the recovery now being predicted by equities is a total fantasy. What we do know is the UN, IMF, BIS, G20, Russia, China, India and Brazil amongst most other major countries have publicly called for an alternative to the US dollar. Wall Street is clearly out of control if bonuses are a measure of saneness.
The reason why I suggest that today?s market should scare you, and not be a cause for high five because of the implication of the event.
Hyper-inflation has always been a currency event, not an economic event. The currency event has always been, for whatever reason it occurred, a loss of confidence phenomenon. Clearly confidence in the US dollar and its management is slipping. Historically when this currency event comes about the transition is extremely fast.
We have been doing a countdown to the beginning of the end, or that process acceleration. The are 33 days to go.
Gold is then off to $1224, $1650 and then on to Alf's numbers.
Have you prepared yourself for the implication of such a gold price?
Respectfully yours,
Jim
LINK HERE
uesday, October 6, 2009
Gold?s Breakout Not A Cause For Celebration: Jim Sinclair 33 Days Left
The gold price has done all of what Erik brings to our attention, but this is NOT a cause for celebration.
The action of gold in the face of the massive commercial dealers short position means that they have finally taken on a force much stronger than the ordinary trader. The other side of gold is sovereign buying on all reactions, not seeking one price, but rather taking supply away from the cash market on a step ladder basis. This occurred twice in the 70s, first when the commercial dealers took on France, and finally in 1979 when they met the Saudis in the market place.
The Fed has no stomach nor should they have to carry on an economic war over gold.
The dollar has changed significantly over the last year, becoming the currency of selection for the carry trade. We know that the propaganda that the dollar was a place of safe refuge is silly in light of the weakness in the recovery. Last Friday that message was delivered to the market loud and clear.
It may even be possible that general equities are being buoyed by the soft dollar in light of Quantitative Easing as there is historical precedent for that.
Clearly the recovery now being predicted by equities is a total fantasy. What we do know is the UN, IMF, BIS, G20, Russia, China, India and Brazil amongst most other major countries have publicly called for an alternative to the US dollar. Wall Street is clearly out of control if bonuses are a measure of saneness.
The reason why I suggest that today?s market should scare you, and not be a cause for high five because of the implication of the event.
Hyper-inflation has always been a currency event, not an economic event. The currency event has always been, for whatever reason it occurred, a loss of confidence phenomenon. Clearly confidence in the US dollar and its management is slipping. Historically when this currency event comes about the transition is extremely fast.
We have been doing a countdown to the beginning of the end, or that process acceleration. The are 33 days to go.
Gold is then off to $1224, $1650 and then on to Alf's numbers.
Have you prepared yourself for the implication of such a gold price?
Respectfully yours,
Jim
LINK HERE
The Seer
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
There is an old trading saying..."Triple tops never hold". Gold hit $1000 in early 2008, fell to $750 hit $1000 again , fell to $869, hit $1000 lately and that means it will continue to go up. Buy gold on a test of $1000 around $985.
http://www.tfc-charts.w2d.com/ See for yourself
There is an old trading saying..."Triple tops never hold". Gold hit $1000 in early 2008, fell to $750 hit $1000 again , fell to $869, hit $1000 lately and that means it will continue to go up. Buy gold on a test of $1000 around $985.
http://www.tfc-charts.w2d.com/ See for yourself
uesday, October 6, 2009
Gold?s Breakout Not A Cause For Celebration: Jim Sinclair 33 Days Left
The gold price has done all of what Erik brings to our attention, but this is NOT a cause for celebration.
The action of gold in the face of the massive commercial dealers short position means that they have finally taken on a force much stronger than the ordinary trader. The other side of gold is sovereign buying on all reactions, not seeking one price, but rather taking supply away from the cash market on a step ladder basis. This occurred twice in the 70s, first when the commercial dealers took on France, and finally in 1979 when they met the Saudis in the market place.
The Fed has no stomach nor should they have to carry on an economic war over gold.
The dollar has changed significantly over the last year, becoming the currency of selection for the carry trade. We know that the propaganda that the dollar was a place of safe refuge is silly in light of the weakness in the recovery. Last Friday that message was delivered to the market loud and clear.
It may even be possible that general equities are being buoyed by the soft dollar in light of Quantitative Easing as there is historical precedent for that.
Clearly the recovery now being predicted by equities is a total fantasy. What we do know is the UN, IMF, BIS, G20, Russia, China, India and Brazil amongst most other major countries have publicly called for an alternative to the US dollar. Wall Street is clearly out of control if bonuses are a measure of saneness.
The reason why I suggest that today?s market should scare you, and not be a cause for high five because of the implication of the event.
Hyper-inflation has always been a currency event, not an economic event. The currency event has always been, for whatever reason it occurred, a loss of confidence phenomenon. Clearly confidence in the US dollar and its management is slipping. Historically when this currency event comes about the transition is extremely fast.
We have been doing a countdown to the beginning of the end, or that process acceleration. The are 33 days to go.
Gold is then off to $1224, $1650 and then on to Alf's numbers.
Have you prepared yourself for the implication of such a gold price?
Respectfully yours,
Jim
LINK HERE
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
Its called inflation
The dollar is doomed
Its called inflation
The dollar is doomed
Re: I thought the Stock Market was suppose to be at 5000 by now?
2348ji23e
2348ji23e
the voice of doom! hopefully you will continue to be wrong!
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
Your clueless. I am not wrong, the markets return priced in gold is shit
Our currency is in free fall
Bend over, its on purpose
Your clueless. I am not wrong, the markets return priced in gold is shit
Our currency is in free fall
Bend over, its on purpose
Re: I thought the Stock Market was suppose to be at 5000 by now?
It always has been??For the last 30 years we have been bankrupt.You are just now noticing this??
brucefan
EOG Dedicated
Re: I thought the Stock Market was suppose to be at 5000 by now?
Its not about me just noticing, its the rest of the world you should be worried about
They are awake
Its not about me just noticing, its the rest of the world you should be worried about
They are awake
Re: I thought the Stock Market was suppose to be at 5000 by now?
:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
That ginormous spike courtesy of Spike Lee in the White House. 2938u4ji23
:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
That ginormous spike courtesy of Spike Lee in the White House. 2938u4ji23
Re: I thought the Stock Market was suppose to be at 5000 by now?
So we know what it is going to be 50 years from now??:LMAO:LMAO:LMAO:LMAOHey fella's we have a nostradomus with us:LMAO:LMAOQuick Joe what is the lotto numbers for tonight?:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
That ginormous spike courtesy of Spike Lee in the White House. 2938u4ji23
Re: I thought the Stock Market was suppose to be at 5000 by now?
Lazy, lethargic union bums don't need lotto numbers, they already hit the jackpot. 2938u4ji23
Lazy, lethargic union bums don't need lotto numbers, they already hit the jackpot. 2938u4ji23
Re: I thought the Stock Market was suppose to be at 5000 by now?
Hey Joe using your graph got me to thinking.In 1950 it was higher than it is today so...how did we manage to survive??Hell the richest 1 % paid 90% tax bracket then so how in the heck did we make it??:LMAO:LMAO:LMAO:LMAO:LMAO:LMAO
That ginormous spike courtesy of Spike Lee in the White House. 2938u4ji23
Re: I thought the Stock Market was suppose to be at 5000 by now?
Why thank you. True very true.Admitting you have a envy problem is the first step to recovery. I am hoping some day you will hit the jackpot too but being a corporate shill is not going to help.
Re: I thought the Stock Market was suppose to be at 5000 by now?
You went and edited it to add lazy and lethargic:LMAO:LMAO:LMAO:LMAO:LMAOSure kid get your hard hat and work on that envy thing.:LMAO
Re: I thought the Stock Market was suppose to be at 5000 by now?
Weak.
There's a difference between a deficit of 2-3% GDP and sinking future generations with 10%++.
I am the last person to defend Bush's atrocious and discredited "compassionate conservativism" (Republican socialism), but your "both parties are just as bad" mantra is ridiculous and wearing extremely thin in face of the facts.
Time to get some new material, buddy. 2938u4ji23
Weak.
There's a difference between a deficit of 2-3% GDP and sinking future generations with 10%++.
I am the last person to defend Bush's atrocious and discredited "compassionate conservativism" (Republican socialism), but your "both parties are just as bad" mantra is ridiculous and wearing extremely thin in face of the facts.
Time to get some new material, buddy. 2938u4ji23
Re: I thought the Stock Market was suppose to be at 5000 by now?
So Nostradamus says.
Re: I thought the Stock Market was suppose to be at 5000 by now?
Why can't you admit when you're wrong? Is it a union thing ("fighting for your beliefs")? :blink:
BUSH'S DOMESTIC AGENDA SUCKED!
May "compassionate conservatism" never --EVER! -- rear it's ugly perma-majority-killing head again!
THERE, I SAID IT!
Can we please move on now?
Why can't you admit when you're wrong? Is it a union thing ("fighting for your beliefs")? :blink:
BUSH'S DOMESTIC AGENDA SUCKED!
May "compassionate conservatism" never --EVER! -- rear it's ugly perma-majority-killing head again!
THERE, I SAID IT!
Can we please move on now?
Re: I thought the Stock Market was suppose to be at 5000 by now?
11% of the jobs are union and you are dumb enough to believe that?Good God you sheep are pathetic.I will give you another clue...retired union workers do not need the socialized Medicare or any other health benefit the government hands out but let me guess...you blame them for that too right??
Re: I thought the Stock Market was suppose to be at 5000 by now?
YOU was the one that said it was a union thing in the previous post so I corrected you again.
Re: I thought the Stock Market was suppose to be at 5000 by now?
Nothing you say checks out with the facts.
Nothing you say checks out with the facts.
Re: I thought the Stock Market was suppose to be at 5000 by now?
Sure kid. In that warped mind of your's nothing ever does.We have already proven that if it doesn't come from allahpundit or Fox then you do not believe it anyway so that's why no one takes you seriously or wastes their time with you unless they are bored like I am.But hey the wife and kids will be back from shopping soon so i'll have to let you and Fido to manic alone.
Re: I thought the Stock Market was suppose to be at 5000 by now?
Amazing, isn't it?
Not even 11% of the jobs are union, yet the parasites managed to completely destroy every industry in states like Michigan.
Amazing, isn't it?
Not even 11% of the jobs are union, yet the parasites managed to completely destroy every industry in states like Michigan.
Re: I thought the Stock Market was suppose to be at 5000 by now?
Ah yes the old blame the unions. Got to stick with what you think you know.The surviving members in that state have already taken a pay cut and 2 tier wage system with no retirement so it looks like the Federal Government better get ready for a lot of new people eating off the government trough huh?Funny how you rail against anything the government does but it sure seems like you want them to depend on them?Why is that?Would you rather have a union that does not need the government or have no union and ton's of people using the government give aways?Amazing, isn't it?
Not even 11% of the jobs are union, yet the parasites managed to completely destroy every industry in states like Michigan.
Re: I thought the Stock Market was suppose to be at 5000 by now?
So you're saying all these lazy, lethargic union bums can't make it on their own?
Thanks for confirming my point...although I'd be lying if said I derived any satisfaction, because the socialist parasites have turned America into France (high unemployment; record debt; worker benefits that make Wall Street blush -- and broke; a population resigned to Karl Marx-like mediocrity and weakness...)
For fuck sake, if you can't make it in such a rich land of opportunity, prosperity and liberty, move to Cuba! 2938u4ji23
So you're saying all these lazy, lethargic union bums can't make it on their own?
Thanks for confirming my point...although I'd be lying if said I derived any satisfaction, because the socialist parasites have turned America into France (high unemployment; record debt; worker benefits that make Wall Street blush -- and broke; a population resigned to Karl Marx-like mediocrity and weakness...)
For fuck sake, if you can't make it in such a rich land of opportunity, prosperity and liberty, move to Cuba! 2938u4ji23
Re: I thought the Stock Market was suppose to be at 5000 by now?
AGAIN who drains the government more...union workers or non union workers??Thanks for playing but now your stupidity is getting old.
You are a total dumbass.I have proven they can and do make it own their own but since you have been made to look stupid yet again you try to turn it around . You are beyond a joke, just a fool that yaps to hear himself yap. Run along now puppy since you have no debate...again.
AGAIN who drains the government more...union workers or non union workers??Thanks for playing but now your stupidity is getting old.