Posted on 09/25/2009 11:58:32 AM PDT by Commander X
While worrisome economic problems remain, now there are signs that businesses and consumers are ready to spend.
(Excerpt) Read more at articles.moneycentral.msn.com ...
...give me a call when folks are BUYING them...
I know this is anecdotal, but perhaps my attitude might be useful as a leading economic indicator:
“I’m broke and I want to crawl in a hole and die!”
I feel better for venting.
I am so glad they got it fixed I was getting worried. . .
I guess their "global warming" thing really has gone into the toilet.
I didn’t find any of the 7 convincing....
hh
Surprising???? Last month was the time for people to buy school supplies, etc. It's usually a much bigger shopping month.
Our local station said home sales were down last month as more people were spending money to fix up their existing homes. This is a "brighter outlook" (liberal talking point of the month) for builders because it means people are just simply putting off buying those new homes.
I can't make up stupidity. I feel like I'm living in Zimbabwa.
“...when folks are BUYING them...”
Well stated. I work for a supplier to GM, and from what I gather sales have died since Cash for Clunkers ended. They are making more cars because the supply was depleted. I think sales will rebound some - but I don’t think the scenario is nearly as rosy as what I’m hearing. Another bigger problem - they actually have to turn a profit on what they sell. I don’t know what the situation at GM is since the bankruptcy, but if you sell 10 million vehicles, but lose money on each one, that is simply not sustainable. Unless we as the taxpayers prop them up - Surprise! Care to venture a guess on what I see coming?-—JM
Looks like the article was pulled - link doesn’t work anymore
Or it's operator error. :-) Worked for me!
Ya...and several of them were just plain BS that any 4th-grader could see through.
1. Who gives a flying klingon crap what that corrupt Bernake thinks.
2. Yeah, Inflation is in “check” because the effects of printing more money in the last year will never ever be felt in the foreseeable future.
3. A lot of those mergers are nothing more than big companies poaching other financially unsound big companies for discounts rates. A sign of a bad economy. Plus after mergers come layoffs as redundant jobs are eliminated.
4. Who is going to buy the more cars GM is making when more peopel are laid off from step 3.
5. They cut inventories to save money and now they need inventory, it is just another cycle. Won’t last long.
6. Regional growth is only occurring in regions with sensible tax and employment laws. The sucking sound is jobs from liberal states to conservative states. Overall net job gain is down. For every 3 jobs lost only 1 in re-claimed in region growth. Well until the Bush Tax cuts expire then see this slow down to 10 to 1.
7. Only happening because customers are cutting back on spending. Also the savings rates for consumers has increased. When the saved up money gets spent after the media convinces everyone it is safe to come out things will truly be making sucking sounds.
American taxpayers simply don’t have the money to prop up everything. When a majority of people are receiving more from the government than they pay in taxes it won’t work.
I ain’t no kinds economic expert but here is what I see coming...ZIMBABWE NORTH AMERICAN STYLE.
I agree with you 100%. Evidently, you and I are among the minority who have common sense. The scary part is the clowns we have running the show don’t get it. Or, maybe they do - and in a lot of ways that is even more frightening.-—JM
“While worrisome economic problems remain, now there are signs that businesses and consumers are ready to spend.”....
This is soooooo funny! Obango’s propaganda pushers are big jokes! I am paying off all debt and not buying a damn thing!
I’ll send it to my S-I-L
He just got laid off today from an advertising agency
I’m sure he’ll appreciate the humor
We must use 10% unemployment as the nuclear weapon to take out Democrats in 2010 and create legislative gridlock.
We can’t let SCM convince America that this is “normal”
5. They cut inventories to save money and now they need inventory, it is just another cycle. Won’t last long.
Apparently it only lasted as soon as someone figured out the number was made up because it was revised down to a big loss
I have said at times that they DO know what it is they do, simply because they cannot be stupid enough to think all the idiocy makes sense and still be able to dress themselves in the morning. I am convinced that “Idiocracy” is a current events documentary.
All these leftists who claim to believe that socialism has something positive to offer to the human race are simply being willfully blind. You cannot have a normally functioning brain and still fall for the same old crap that has failed everywhere it has ever been tried. Find a person who is incapable of making his own way in the world but is incapable of admitting his own weakness and you will find an “intellectual” who will gladly tell you that those who produce are evil monsters and the reason socialism has failed in other places is because the right people never were in charge. They all like to rattle off a list of “rights” that depend on their violating the rights of others.
Isn’t it exceedingly strange that the same people who insist that there is a constitutional right to privacy that protects the right to kill an unborn baby even though the right to privacy is never mentioned in the document cannot find a right to carry a weapon for self defense even though it is clearly spelled out in the constitution. These people are not really stupid, they are evil!
If they sell enough, they can make it up on volume.
/sarc
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