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HUGE MISS: CONSUMER CONFIDENCE PLUNGES TO 60.6
Business Insider ^
| 08/28/2012
| Mamta Badkar and Eric Platt
Posted on 08/28/2012 7:20:43 AM PDT by SeekAndFind
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To: SeekAndFind
"Unexpectedly"...
To: SeekAndFind
Probably because of Isaac. People don't want to appear to be "insensitive" by going shopping while the people of New Orleans are "suffering".
sarc/off
3
posted on
08/28/2012 7:24:18 AM PDT
by
FlingWingFlyer
(Had enough of the freaks running the show yet?)
To: SeekAndFind
Yes, but, the Jeffry Bartash article on marketwatch.com helpfully pointed out that: “While consumers are less hopeful about the future, however, they said they’ve seen little deterioration in the economy, either.”
4
posted on
08/28/2012 7:24:45 AM PDT
by
John W
(Viva Cristo Rey!)
To: SeekAndFind
I think this is just reflecting a loss in confidence of Obama. How can anyone take President Kardashian seriously at this point? People are just losing hope he has any idea how to fix this mess.
5
posted on
08/28/2012 7:27:57 AM PDT
by
lodi90
To: John W
While consumers are less hopeful about the future, however, they said theyve seen little deterioration in the economy, either.
While funeral goers acknowledged that Bob was dead, they also stated that he didn't look any more dead than he did at the wake.
To: SeekAndFind
Is it just me or do these kinds of reports come out every other day? It seems like just late last week consumer sentiment was up, housing sales were down, housing starts were up, etc., then a few days later just the opposite and a few days after that it swings the other way again. I'm beginning to think most of this crap is made up and they just follow a release schedule, changing a few words in the same article over and over to fit whatever storyline the MSM is currently trying to push.
7
posted on
08/28/2012 7:28:38 AM PDT
by
aegiscg47
To: SeekAndFind
All this... yet Obama leads by two (47%-45%) in today’s Rasmussen poll. Go figure.
8
posted on
08/28/2012 7:33:53 AM PDT
by
ScottinVA
(If Obama is reelected, America will deserve every mockery that follows.)
To: SeekAndFind
This is where the Obama media earns their money...to take the most Godawful situations and circumstances and preen, fluff and tweak them with a positive spin.
9
posted on
08/28/2012 7:36:08 AM PDT
by
JPG
(Make it happen.)
To: pieceofthepuzzle
You have interpreted this bizarrely-written and quoted article well - I would just add something on the order of “Bob was dead but he looked better than he had for years and his body temperature was above 60, so Bob’s personal situation was much better than the news of him being dead would have appeared to a casual reader at first glance”.
10
posted on
08/28/2012 7:45:33 AM PDT
by
laconic
To: lodi90
Which is why I think these polls are idiotic.
I can’t imagine many people out there who think this economy is on the right track. Most people who have been severely damaged by this administration.
And so the polls are accurate at 50/50? Nope. That just doesn’t compute to me.
11
posted on
08/28/2012 7:47:03 AM PDT
by
DoughtyOne
(Americans want what Americans always wanted: Better lives for families; little government authority.)
To: SeekAndFind
This sounds like one of the news reports in the book 1984.
12
posted on
08/28/2012 7:47:35 AM PDT
by
upchuck
("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
To: lodi90
Which is why I think these polls are idiotic.
I can’t imagine many people out there who think this economy is on the right track. Most people know people who have been severely damaged by this administration.
And so the polls are accurate at 50/50? Nope. That just doesn’t compute to me.
13
posted on
08/28/2012 7:47:44 AM PDT
by
DoughtyOne
(Americans want what Americans always wanted: Better lives for families; little government authority.)
To: SeekAndFind
Let me see if I have this right: Consumer confidence has fallen to 60.6%, unemployment has been over 8% for 43 straight months, the national debt has risen 5 trillion in less than four years, gas prices have more than doubled in less than four years, and food and energy prices are rising, but according to the MSM Obama is still well-liked and popular?
One of two things will (obviously) happen this November: Obama will buck ALL the trends from the past 75 years and be re-elected, even while presiding over the worst economy since the great depression, OR all the trends from the past 75 years will continue and Obama will be shown the door. The MSM would have us believe it’s the former. I say Obama is toast.
14
posted on
08/28/2012 7:48:43 AM PDT
by
Kharis13
(That noise you hear is our Founding Fathers spinning in their graves.)
To: lodi90
It may also be the case that a lot of people have come to realize that even if Romney were to win, there’s nothing he’s going to do that will improve the economy. If Romney is elected, and once that sinks in, the markets will take another wild dip into the toilet.
15
posted on
08/28/2012 7:52:38 AM PDT
by
Rich21IE
To: laconic
To: SeekAndFind
Dow should be up 200 points today.
17
posted on
08/28/2012 7:59:03 AM PDT
by
RS_Rider
(I hate Illinois Nazis)
To: SeekAndFind
18
posted on
08/28/2012 8:10:04 AM PDT
by
Uncle Miltie
(You didn't build that. The private sector is doing fine. We tried our plan and it worked.)
To: DoughtyOne
I agree. Romney is not behaving as a candidate who is losing. Obama, however, is acting desperate.. I think if the race were held today Romney wins 54-46, and he hasn’t even spent any of his campaign cash yet.
19
posted on
08/28/2012 8:26:15 AM PDT
by
KansasGirl
("If you have a business, you didn't build that. Somebody else made that happen."--B. Hussein Obama)
To: pieceofthepuzzle
20
posted on
08/28/2012 8:34:08 AM PDT
by
griswold3
(Big Government does not tolerate rivals.)
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