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Economic headlines off of Bloomberg...
Zoellick Calls Stimulus Measures `Sugar High,' Says Unemployment Will Rise
Economy in U.S. Shrank at 5.7% Rate in First Quarter, More Than Estimated
Bernanke's Bid to Revive U.S. Housing Scuttled by Rising Rates, Defaults
U.S. Consumer Confidence Rises to Highest Level Since September
So the economy is tanking but people feel better. I guess feeling better is all that really counts. I'm busting out the credit cards and doing me some shopping.:downspin:
You mean expect and change.
I'm kind of wonder what are the "laurels" he was cautioning his Hollywood peeps not to rest on.
As far as I can tell, this administration hasn't made one single positive accomplishment on the economy.
The first synonym listed in the online dictionary for the word, "hope" is "expectancy."Quote:
Originally Posted by ChumpDumper
Keep expect alive, Yoni!
Green shoots Yoni, green shoots.Quote:
Originally Posted by Yonivore
I get it...Quote:
Originally Posted by SnakeBoy
They're drinking green colored Kool-Aid now.
Well that might be true too but I was just referring to the "green shoots of recovery" phrase that they have been using. There are no green shoots.Quote:
Originally Posted by Wild Cobra
You guys would prefer the US consumer confidence to be lower?
I would. It would make me feel better if fewer americans were not going through life with their head up their ass.Quote:
Originally Posted by ChumpDumper
:lolQuote:
Originally Posted by SnakeBoy
Hope for the worst!
where were you during the bush administration? talk about people being up other's asses..Quote:
Originally Posted by SnakeBoy
No, I leave the Hope mantra to you. I'll just stick with reality. This summer will bring commercial foreclosures, a new round of residential foreclosures as Option ARMS/Alt-A loans reset. Hell, even prime fixed rate foreclosures have doubled.Quote:
Originally Posted by ChumpDumper
Hey, but you have fun "Hopin" Chump.
I'm with snake. everything sucks , my life sucks, my job sucks, I will wallow in misery the whole summer...:lmaoQuote:
Originally Posted by SnakeBoy
:lol you really are hoping for the worst!
:tu
The assumption seems to be that the Bush-Obama bailouts will work. What if they don't?
I was busy becoming debt free.Quote:
Originally Posted by George Gervin's Afro
Speak for yourself...I'll be enjoying my vacation...and not having a mortgage payment...and not participating in the bad times.Quote:
Originally Posted by George Gervin's Afro
Nevermind, resume the mind-numbing partisan pissing contest.
So you're confident.Quote:
Originally Posted by SnakeBoy
That you're an idiot? Yes, very much so.Quote:
Originally Posted by ChumpDumper
This is actually bad news for Obama, because people are going to get their hearts broken all over again when the inevitable happens and the economy nosedives.
How is that any different from how the libs wanted everything to fail when Bush was in power?Quote:
Originally Posted by ChumpDumper
So you condone this type of thinking.
Ok.
Nah, in your own economic situation and status as a consumer.Quote:
Originally Posted by SnakeBoy
Are you confident in that or are you not?