So, let me get this straight, you don't offer any analysis of your on in this thread, just posting tidbits you think are positive (even when they aren't), cheerleading about them, then crying when people disagree with you? Because I've tried to engage you in debate about the link you posted for 2 posts now, and all you can do is talk about my appearance, your girlfriends appearance, your appearance, my intelligence, and me posting in chit chat - basically anythig but the economy.

4/17/2008 3:46:59 PM

^ Um. . .the rest of that bullshit aside, which part of this "cheerleading"?

Quote :

"Not time to jump for joy yet, but it's still some good news."

hooksaw

BTW, none of this news is good? And this is not me "cheerleading"--I mean, I didn't write the fucking story:

Quote :

"The improvement is a tentative signal that the economy, after deteriorating in the first six months of 2008, may not weaken further in the second half of the year. The report indicates the Fed's rate reductions and efforts to ease the credit crisis may help mitigate the damage from the slump in subprime lending. Five of the 10 indicators in today's report contributed to the gain in the index, led by a jump in the money supply. Slower supplier deliveries, which indicate an increase in orders, and a steeper yield curve were also positive."

http://www.bloomberg.com/apps/news?pid=20601068&sid=a6cZcei8.bpA&refer=home

4/17/2008 4:00:55 PM

It's the premise and the guise of the entire thread, and the pieces you specifically quoted and italicized that is the cheerleading. You're doing it again, you come into a thread hard core, get called on your methodologies, then backpedal like nothing happened.

This part of your quote is worthless

Quote :

""The improvement is a tentative signal that the economy, after deteriorating in the first six months of 2008, may not weaken further in the second half of the year. The report indicates the Fed's rate reductions and efforts to ease the credit crisis may help mitigate the damage from the slump in subprime lending."

May help? May not weaken? Absolutely worthless commentary. The economy may weaken and the rate reductions (which certainly haven't done anything yet) and the efforts to ease the credit crisis may not help mitigate the damage....

Furthermore, the estimates

Quote :

"Estimates ranged from a decline of 0.3 percent to a 0.4 percent gain."

swamped the change, so how can you be at all confident in the data point?

On top of that, this blip followed a .3 decline in February, so all we really have is just another turbulent data item that is a characteristic of an uncertain unstable economy that you have latched onto as good news. Sad.

[Edited on April 17, 2008 at 4:34 PM. Reason : .]

4/17/2008 4:33:43 PM

^ You're an idiot. First, it's not "my" quote--it's the author's.

Second, you have trouble with "may" or similar uncertainties? Too bad--if anyone could accurately predict what the economy will do, he or she would be insanely rich.

Third, you don't like the experts' predictions? So? Experts are frequently wrong, particularly about the economy. In addition, the quotation at issue referenced past predictions--hence the past tense. The actual increase wasn't realized until it. . .um. . .actually happened.

Quote :

"Economists forecast the leading index would rise 0.1 percent, after a previously reported 0.3 percent decline in February, according to the median of 55 projections in a Bloomberg News survey. Estimates ranged from a decline of 0.3 percent to a 0.4 percent gain."

I guess you really are this stupid. Now that's sad.

[Edited on April 17, 2008 at 4:46 PM. Reason : .]

4/17/2008 4:39:27 PM

hooksaw may have cancer. We don't know for sure, but he may have cancer.

4/17/2008 4:44:18 PM

Quote :

"stop fucking trolling and shit talking you can be a total dickhole in how you argue with someone, but you can't fall into just talking shit. and the ridiculous trolling is completely out of hand."

theDuke866

http://thewolfweb.com/message_topic.aspx?topic=500208&page=8

4/17/2008 4:48:35 PM

4/17/2008 4:50:29 PM

Quote :

"^ No one is forcing you to post here, you buffoon."

4/17/2008 5:06:50 PM

Quote :

"^ You're an idiot. First, it's not "my" quote--it's the author's."

Sigh, I've seen this one before too. You made it your quote when you trotted it out to this thread without any sort of analysis, commentary, or anything resembling something interesting to discuss. When you became the head cheerleader at thread creation and began scouring news organizations and stories for the little glimmers of any seemingly positive news you could find, you adopted all those quotes.

Quote :

"Second, you have trouble with "may" or similar uncertainties? Too bad--if anyone could accurately predict what the economy will do, he or she would be insanely rich."

Seen this one as well. Way to try and redefine the debate. I don't have a problem with uncertainties at all...that is, until you try to cling to them as positive signs to be trumpeted from the highest hill and mountainside.

Quote :

"Third, you don't like the experts' predictions? So? Experts are frequently wrong, particularly about the economy."

Excellent observation Schrödinger. Did you figure that one out yourself?

Quote :

"I guess you really are this stupid. Now that's sad."

I admit, I am pretty dumb, which should immediately cause you to question your existence in this thread.

4/18/2008 2:23:09 PM

Quote :

"I admit, I am pretty dumb. . . ."

4/18/2008 3:32:18 PM

seriously, DNL's posts have more substance than yours.

4/18/2008 5:52:16 PM

^ Opinions vary. Thanks for sharing.

BTW, what did you add just then? Not a goddamned thing is right.

4/18/2008 9:49:46 PM

something other than furry porn, thats for damn sure

4/18/2008 10:03:06 PM

^ Oh, you mean like this "enlightening" post by you, you fucking hypocrite?

Quote :

"I can't help it, but this is who I imagine pounding away furiously on the other side of the computer any time I see hooksaw post:"

JCASHFAN

http://thewolfweb.com/message_topic.aspx?topic=500489&page=10

4/21/2008 12:34:38 AM

u shouldnt say gd...

4/21/2008 12:52:32 AM

http://money.cnn.com/2008/04/25/markets/thebuzz/index.htm?postversion=2008042511

wonder what those moonbat liberals got to say to this...i didnt read it though

4/25/2008 12:04:12 PM

U.S. First-Quarter Growth Stronger Than Forecast
By REUTERS
Published: April 30, 2008
Filed at 8:36 a.m. ET

Quote :

"WASHINGTON, April 30 (Reuters) - The U.S. economy grew at a slightly stronger pace than forecast as 2008 began, helped by inventory-building that tempered a steadily deteriorating housing sector and less vigorous consumer spending. The Commerce Department said on Wednesday that gross domestic product or GDP expanded at a 0.6 percent annual rate in the first quarter, matching the fourth quarter's advance and handily topping a forecast for 0.2 percent growth in an advance poll of economists by Reuters [emphasis added]."

http://www.nytimes.com/reuters/world/international-usa-economy-gdp.html?hp

[Edited on April 30, 2008 at 9:18 AM. Reason : Impressive.]

4/30/2008 9:18:14 AM

Thank God...err...Defense Spending...we're not in a recession!

YAAAAY!

Also...

http://edition.cnn.com/2008/BUSINESS/04/30/iran.oil.ap/index.html?iref=mpstoryview

4/30/2008 12:22:35 PM

^^

Not there yet. My Q2 recession call is still on. Though I do fear that when the revisions come out they will be downward.

4/30/2008 12:43:43 PM

^ Way to stay positive, prof. If you keep predicting recession long enough, maybe one day it'll come true.

4/30/2008 10:55:39 PM

dammit we arent in a recession.

What will the news harp on now? We need britney to have another kid.

4/30/2008 11:05:19 PM

^ Please, no! I'll take the recession!

But we'll still hear terms such as "recessionary environment," which I don't have a big problem with--obviously, the economy could be better. I do have a problem, however, with people trying to change definitions to fit their sociopolitical narratives.

4/30/2008 11:28:16 PM

U.S. Job Losses in April Not as Deep as Feared

Quote :

"The Labor Department said 20,000 jobs were shed last month, far fewer than the 80,000 that economists surveyed by Reuters had anticipated would be lost."

Quote :

"The unemployment rate eased to 5 percent in April from 5.1 percent, contrary to forecasts that it would pick up to 5.2 percent."

Quote :

"But service industries added 90,000 jobs - the most since last December - with most of them coming in the health care and professional technical services sectors."

http://tinyurl.com/3wz2pw

5/2/2008 9:17:14 AM

Yay less people were fired in our economy than we thought! Bright times are a-comin!

5/2/2008 9:31:04 AM

^ If you were told that your salary would be $80,000 and it actually turned out to be $20,000, I'll bet you'd think that difference was significant.

[Edited on May 2, 2008 at 10:56 AM. Reason : .]

5/2/2008 10:56:37 AM

or in this case if your wages went to $0 because you were unemployed.

5/2/2008 11:17:43 AM

Quote :

"^ If you were told that your salary would be $80,000 and it actually turned out to be $20,000, I'll bet you'd think that difference was significant."

No, your analogy is completely wrong. It's more like JCASH said OR - If you thought you owed 80k to the government in taxes but it turned out to only be 40k. Either way it still sucks and you can only put so many sprinkles on shit before you realize it's just sprinkled shit.

5/2/2008 11:27:50 AM

^^ and ^

Quote :

"The unemployment rate eased to 5 percent in April from 5.1 percent, contrary to forecasts that it would pick up to 5.2 percent."

The discouraged worker effect aside, that is not a bad number. And those of you that just post pissy comments here without offering anything substantive can basically fuck off.

Oil May Fall on Dollar's Rise, Inventory Gain, Survey Shows

http://www.bloomberg.com/apps/news?pid=20601116&sid=a2t3UEGYB3mc&refer=africa

U.S. stocks rally in delayed applause for Fed

Quote :

"NEW YORK (MarketWatch) -- U.S. stocks on Thursday soared higher, propelling the Dow to its first close above the 13,000 mark in four months, as investors offered a delayed but warm reception to a likely pause in the Federal Reserve's recent string of rate cuts."

http://tinyurl.com/442me2

We're not in a recession, assholes--deal with it.

[Edited on May 2, 2008 at 11:44 AM. Reason : .]

5/2/2008 11:42:18 AM

I'm hoping the dollar gains strength. I had the bad luck to have gone to Japan during it's weakest point against the yen.

5/2/2008 12:05:36 PM

^^ Please stop commenting on the economy if all you are doing is copying and pasting tidbits of information you don't understand in the context of history. The BLS reported unemployment rate is a great work of fiction :

http://online.barrons.com/article/SB120976876451563873.html?mod=googlenews_barrons

Quote :

" NO NEED TO WAIT FOR THE LAST BALLOT to be counted -- it's all over but the shouting. This is not -- repeat, not -- a prediction about the outcome of the election or even the pillow fight between Hillary and Obama. We're talking instead about something much more important, namely, who'll get the Pulitzer Prize for Fiction. The winner hands down, we fearlessly forecast, will be that brilliant narrative confected by, of all people, the Bureau of Labor Statistics, and published just last Friday under the deceptively bland title "The Employment Situation: April 2008." "

Oh, and how about the falling oil you mentioned in that post as well? As of this post right now, oil is at an all time high of $122. Nice work you old hack!

5/6/2008 11:28:25 AM

Quote :

"The discouraged worker effect aside, that is not a bad number. And those of you that just post pissy comments here without offering anything substantive can basically fuck off. "

People didn't lose as many jobs as projected. When I heard this on the radio, I just knew that you would come on here and pretend that this is some how good news.

5/6/2008 11:36:40 AM

BTW - The Federal Reserve is now accepting credit card debt as collateral.

This is neither a joke nor a drill.

[Edited on May 7, 2008 at 12:34 PM. Reason : ...]

5/7/2008 12:33:56 PM

I don't know what the Federal Reserve has started accepting as collateral. I know they reduced their standards to include AAA debt instruments. But, you post a picture from the Great Depression, so I assume you accept the righteousness of a lender of last resort and its role in maintaining the money supply.

That being the case, I suspect what you lack is an historical perspective. hundreds of years ago during rough times the world's lenders of last resort made loans to distressed institutions with no collateral whatsoever, just a promise to repay. As such, collateralized consumer debt is still remakably strict by lender of last resort rule #1: when it comes to defending the liquidity of the currency, collateral is the luxury of prosperity. The Federal Reserve is there to protect the larger economy, not turn a profit.

5/7/2008 11:32:42 PM

^^that really is a sad picture. [politics aside, that is just wrong]

5/8/2008 12:05:03 AM

they are talking about 200 dollar a barrel oil not too far off into the future and i just dont buy that...i see it going no higher than 160

[Edited on May 8, 2008 at 1:43 AM. Reason : yeah i like that pic also]

5/8/2008 1:42:34 AM

^x6 Can you read, Ms. Piggy?

Oil May Fall on Dollar's Rise, Inventory Gain, Survey Shows

STFU.

5/8/2008 4:36:54 AM

Great backpedal.

5/8/2008 9:31:57 AM

The only word I know is fail. I learned it by reading your posts about the economy.

5/8/2008 11:15:51 AM

Hooksaw, why didn't you post this good news yet?

http://www.newsweek.com/id/135724

Quote :

"Economist David Lereah was once the housing market's biggest cheerleader. Now he says the bust isn't near over, and home prices still have a long way to fall."

http://charts3.barchart.com/chart.asp?sym=CLM08&data=A&jav=adv&vol=Y&divd=Y&evnt=adv&grid=Y&code=BSTK&org=stk&fix=

Oil almost at $125

5/8/2008 5:06:36 PM

^ maybe the gov't can start "gas stamps" and provide those to all working class and poor families to assist them through this tough time of high gas prices.

5/8/2008 6:25:25 PM

Quote :

"that really is a sad picture. [politics aside, that is just wrong]"

Why? We have no idea why they were lined up. They could have been lined up to see a movie or attend a grand openning sale at the five-and-dime. At a time in history where most of the world's population still made their own clothes by hand, this line of people seem well dressed.

5/8/2008 6:25:32 PM

^^^ All things are certainly not perfect in our economy right now--I never said they were. But since you seem to know so much about the U.S. economy, Ms. Piggy, why don't you enlighten us as to why we've continued to see growth in the GDP--albeit small growth--and other positive signs?

After all the negative things that have hit our economy in the last few years, wouldn't you say the fact that we've maintained some growth and seen a number of other positive signs is impressive? Let's hear it, Keynes.

U.S. Q1 non-farm productivity up

http://www.bnn.ca/news/1096.html

Retail sales stage comeback in April

http://www.jsonline.com/story/index.aspx?id=748814

America's Recession-Proof Cities

5. Raleigh, NC
9. Charlotte, NC

http://tinyurl.com/625cpm

5/9/2008 1:29:12 AM

http://www.jsonline.com/multimedia/graphic.asp?graphic=http://graphics.jsonline.com/graphics/bym/img/may08/retail_050908_big.gif

Consumers switched from spending at the higher priced Gap, Limited, and JCPenny for Target, WalMart, and Kohls...yup, signs of an impressive economy!

http://www.bnn.ca/news/1096.html

Check that out, workers fearing losing their jobs are working harder and getting compensated less

Quote :

"Compensation per hour rose at a 4.4-percent annual rate, though the number drops to 0.1 percent when adjusted for inflation. Compared to the first quarter of 2007, productivity was up 3.2 percent and unit labour costs rose a mere 0.2 percent. Compensation rose 3.4 percent from the first quarter of 2007, but dropped 0.7 percent when adjusted for inflation."

Impressive how the American worker is getting squeezed!


I offer a record high oil figure and the housing markets biggest cheerleader capitulating on his stance, you offer some flimsy retail sales bs. Get a grip old man. Your thread failed.

5/9/2008 10:06:48 AM

Quote :

"Why? We have no idea why they were lined up."

It was a bread line. During the Great Depression.

Now you do.

5/9/2008 10:10:58 AM

hooksaw, i wouldnt quote the weekly survey. It is right only 50% of the time, which means they have no better success rate than just about anyone.

5/9/2008 3:17:40 PM

^^Thats a photoshop. I can tell by teh pixels.

5/9/2008 3:32:06 PM

Quote :

" Why? We have no idea why they were lined up. They could have been lined up to see a movie or attend a grand openning sale at the five-and-dime. At a time in history where most of the world's population still made their own clothes by hand, this line of people seem well dressed. "

I'm quoting this for sheer fucking comedy value.

5/9/2008 3:41:20 PM

^x5

Quote :

"I offer a record high oil figure and the housing markets biggest cheerleader capitulating on his stance, you offer some flimsy retail sales bs. Get a grip old man. Your thread failed."

Ms. Piggy

Hey, I know how you could help the economy--go hit the buffet! I mean, I'll bet you're hungry, am I right?

^^^ Economists are often wrong about any number of things.

I intend to stay optimistic--I haven't found any other position to be productive. If some of you want to continue to be the nattering naybobs of negativism, knock yourselves out.

5/9/2008 4:59:52 PM

^^ That dog hanging out the back window of the car is hilarious

[Edited on May 9, 2008 at 5:10 PM. Reason : but for real, the depression was sad]

5/9/2008 5:09:15 PM

The great depression did suck. And it is even more sad to see people standing in front of a sign that was probably put up years earlier when Americans were on average 1/5 richer. But even sadder is that it was still true: if not the highest, still close. The great depression was not just an American phenomenon.

5/10/2008 12:29:04 AM