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  Coming out of the global recession (Page 2)

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Topic:   Coming out of the global recession

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Fastwalker
Senior Member


832 posts, Mar 2003

posted 07-01-2003 03:15 AM     Click Here to See the Profile for Fastwalker     Edit/Delete Message   Reply w/Quote
Typical liberals, don't understand how the economy works. When people (that's you and me…except for Crazy Larry..who we haven‘t established as a person yet) spend and consume products, we create demand for that product.

Ever heard of the concept of supply and demand? When demand increases on a limited supply, we increase value and price and it's a direct relationship. Consumption of products (demand) allows producers to increase price over their costs...in other words, the producer's profit margin increases as the price he is able to charge rises over the fixed and variable costs of production.

This means a producer of a given product has capital to produce MORE of a product and expand his business, which means he hires more people and machinery, and goods needed to run that business. The producer is also the consumer of goods, and due to his increased profit margin, his business is able to consume more goods and services required to maintain his business. It's a whole domino effect, that benefits everyone. More consumption then, actually creates more jobs and expansion of business....

Well, when do people consume more? Answer; when they have more money in their pockets....when they can afford it. This is what tax cuts give them. By letting them keep more of what they earn, they are able to consume more goods and services, and the whole cycle continues. Prosperity and consumption breeds prosperity and greater production. That’s the fundamental nature of capitalism….everyone benefits.

So Seeker is absolutely correct. Consumption is the key to economic recovery. Investment is as well...and both are based upon people earning more disposable income above and beyond living costs. That’s exactly why tax cuts boost the economy.

[Edited 2 times, lastly by Fastwalker on 07-01-2003]

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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-01-2003 03:20 AM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
your confusing two topics...moll...a healthy economy and savings...

You cannot bring about prosperity by discouraging thrift and you cannot establish sound security on borrowed money

as long as you intend to pay it back borrowed money is damn good...

thrift is not a matress or passbook savings account...dolt...thrift is putting your money to work for you...money is finite if you don't...good investment in the future is putting funds into the market for
retirement the return is really the bottom line...security is financial freedom...moll...

could I interest you in a prospectus ?

(not really)

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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-01-2003 03:38 AM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
slipped in on me there fastwalker...you certainly convert finiancial words to english better than I...glad you chimed in...I must say that ppp and Jp morgan have been very much stable and one grew huge enormous hairy legs...

amazing

snort

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hitech_46253
Senior Member

Indianapolis, IN U.S.
472 posts, May 2001

posted 07-01-2003 08:03 AM     Click Here to See the Profile for hitech_46253   Email hitech_46253   Visit hitech_46253's Homepage!   Edit/Delete Message   Reply w/Quote
DISCLAIMER

The preceeding post was written by a loyal brain-dead subject of the 'king.'
You'll notice there was nothing contributed to any 'meaningful debate.'

This person is equivalent to those poor slobs who mouthed "LONG LIVE THE KING!"
Or
"HAIL CEASAR!"
Or
"HEIL THE FUHRER!"

This person as those in the past, shall also fade into history.

Please consider their post as 'DELETED' as they shall soon be.

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Mech
Resisting the NWO


Northeast USA
3907 posts, Sep 2002

posted 07-01-2003 08:56 AM     Click Here to See the Profile for Mech   Visit Mech's Homepage!   Edit/Delete Message   Reply w/Quote
To the "economists" (sic)...

I don't know about you, but I ain't spendin' $#!+.

400 dollars from Uncle Scam may buy a lot of groceries, but in the long run won't help...it's a drop in the bucket.

If you were really wise you'd start saving your @$$es off before the big crash happens.

"As the world's biggest oil importer, the U.S. will have to run a trade surplus to acquire euro-backed oil.

With the oil production peaks passed, and the era of cheap oil ending sometime this decade, European oil addicts are slashing their energy consumption and turning to wind power and hydrogen. America's ability to compete or cooperate with sustainable energy sources is being squandered. The US's permanent war economy is turning the American dream into a nightmare of ruined cities and national insolvency."

This country is ALREADY so far into debt I can only imagine what will the consequenses of a Euro based "Oil Shock".

Start "socking it away".

You've been warned folks.

[Edited 3 times, lastly by Mech on 07-01-2003]

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Fastwalker
Senior Member


832 posts, Mar 2003

posted 07-01-2003 10:17 PM     Click Here to See the Profile for Fastwalker     Edit/Delete Message   Reply w/Quote
Wow…I had forgotten about PPP….Was that 2000 or 2001? Since around mid-2000 it went from a low of around 20 to it’s current price of around 43 with a high of 45. Not bad performance for a stock during a war and a recession. I hope you bought some of that . JPM didn’t do as well though…..lost about 10 bucks if you invested around mid 2000 and are still holding, had a high of around 67 and currently trading at around 34.…

Most stocks are currently undegoing a bit of profit taking now (as I predicted they would)...but it's looking very bullish. Bad news for leftists....

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Fastwalker
Senior Member


832 posts, Mar 2003

posted 07-01-2003 10:37 PM     Click Here to See the Profile for Fastwalker     Edit/Delete Message   Reply w/Quote
Oh...and Mech, if you want a hydrogen economy, well stop whining and looking toward the government and Bush to solve your problems. Go do something about it. That’s what Americans do.

I think a hydrogen economy is a great idea. So does president Bush, btw, given that he has allotted a considerable amount in the current budget for hydrogen / alternative energy research. But the economy will take it up when it is cheaper to produce than oil. Oil refineries themselves are apparently well suited for conversion to hydrogen production.

The current thinking of using natural gas to produce hydrogen is all wrong, however. My preference is offshore wind turbines (taking advantage of the constant sea breeze) which would convert sea water to hydrogen through electrolysis right on the spot. From the very same turbine, hydrogen could be pumped to holding tanks on the shore. It would be a very constant, never ending source of hydrogen with an unlimited supply of sea water and wind for it's production.

The area where I think an individual entrepreneur could come in would be to begin designing a feasible car prototype, and conversion kit to modify existing cars. We already have the sea based wind turbine technology, so we know that’s feasible. Like you said, it’s being done in Europe.

And then there's the sales aspect. Again, it's going to take a salesman and an entrepreneur to educate the public and create demand. Once demand is created, market forces could convert the economy over to hydrogen quicker than government mandates EVER could, because visionary entrepreneurs will be the first to capitalize in the newly emerging ground floor industry. This is how a capitalistic society does things....

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hitech_46253
Senior Member

Indianapolis, IN U.S.
472 posts, May 2001

posted 07-02-2003 11:31 AM     Click Here to See the Profile for hitech_46253   Email hitech_46253   Visit hitech_46253's Homepage!   Edit/Delete Message   Reply w/Quote
DISCLAIMER

The preceeding post was written by a loyal brain-dead subject of the 'king.'
You'll notice there was nothing contributed to any 'meaningful debate.'

This person is equivalent to those poor slobs who mouthed "LONG LIVE THE KING!"
Or
"HAIL CEASAR!"
Or
"HEIL THE FUHRER!"

This person as those in the past, shall also fade into history.

Please consider their post as 'DELETED' as they shall soon be.

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Fastwalker
Senior Member


832 posts, Mar 2003

posted 07-02-2003 12:52 PM     Click Here to See the Profile for Fastwalker     Edit/Delete Message   Reply w/Quote
quote:
DISCLAIMER
The preceeding post was written by a loyal brain-dead subject of the 'king.'
You'll notice there was nothing contributed to any 'meaningful debate.'

You've had no meaningful contributions on this board at all....so I guess you are the expert on the subject….you are certainly an expert on what’s it’s like to be brain dead. And notice the subject of this thread is the economy. You have been talking about WMDs and everything else. I knew you were a crazy idiot, but I'm now convinced you are a COMPLETE crazy idiot.

quote:
This person is equivalent to those poor slobs who mouthed "LONG LIVE THE KING!"
Or
"HAIL CEASAR!"
Or
"HEIL THE FUHRER!"

I guess a truthful discussion on how capitalism works, and how the stock market is entering a new bullish trend is the equivalent in Crazy Larry's poor excuse of a brain to Nazi Germany and ancient Rome. Shows you how twisted this guy really is...I'm sure if a person is a big enough nut case, he can find irrelevant comparisons to anything.

quote:
This person as those in the past, shall also fade into history.

Please consider their post as 'DELETED' as they shall soon be.


Uhhh...don't be too quick to count on this, pal. It seems to me the moderators of this forum aren't too fond of you either. Am I wrong, Lulu?



[Edited 1 times, lastly by Fastwalker on 07-02-2003]

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Fastwalker
Senior Member


832 posts, Mar 2003

posted 07-02-2003 12:58 PM     Click Here to See the Profile for Fastwalker     Edit/Delete Message   Reply w/Quote
AND PS....

I want to point out to the moderator of this forum that Crazy Larry is breaking forum rules and repeating posts....

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shatoga
Agent Provocateur


588 posts, Nov 2002

posted 07-03-2003 07:42 PM     Click Here to See the Profile for shatoga     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Fastwalker:
Typical liberals, don't understand how the economy works. When people (that's you and me…except for Crazy Larry..who we haven‘t established as a person yet) spend and consume products, we create demand for that product.

Ever heard of the concept of supply and demand? When demand increases on a limited supply, we increase value and price and it's a direct relationship. Consumption of products (demand) allows producers to increase price over their costs...in other words, the producer's profit margin increases as the price he is able to charge rises over the fixed and variable costs of production.

[Edited 2 times, lastly by Fastwalker on 07-01-2003]



Good misinformation to explain why farmers pile produce in fields and let it rot rather than supply the demand for food.
Just ro raise prices by reducing supply.
>liberals, do... understand how the economy works.<
Just as fuel oil production is cut off every fall, so supply will be less than the yearly demand for heating oil.
Thus reducing sppply which would meet the damand for heating oil,
until prices rise enough to make it more profitable to procuce what refiners knew would be needed. as usual.
>liberals, do... understand how the economy works.<

Millionaire farmers withhold food crops until hungry working people are willing to pay more.
Billionaire Refiners stop production of heating oil so there will be a 'shortage' every winter.
Knowing a few average Americans will freeze to death before prices rise enough to meet profitable levels.
>liberals, do... understand how the economy works.<


quote:
Originally posted by Fastwalker:
people earning more disposable income above and beyond living costs. That’s exactly why tax cuts boost the economy.

[Edited 2 times, lastly by Fastwalker on 07-01-2003]

FW has come out strongly in favor orf raising Minimum Wage to "Living Wage" levels.

FW posted: >people earning more disposable income above and beyond living costs.<

Congratulations!

Yes tax cuts such as the most needed one:
Make the first 25,000.00 from any source tax free!
would boost the economy as the 1993 tax reduction on working people did.
Years of booming economy results from cutting taxes on working people!
And making the fat cats pay a share gave the US a two term boom.

(until voodoo trickle down BS got another stranglehold)

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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-03-2003 10:57 PM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
the first 26,000 is tax free butthead I told you once...

I'm surprised if F/W came out to raise the minium wage...doing so causes inflation...

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Fastwalker
Senior Member


832 posts, Mar 2003

posted 07-04-2003 06:10 AM     Click Here to See the Profile for Fastwalker     Edit/Delete Message   Reply w/Quote
No, Shitoga once again mischaracterizes my views. I'm not for raising the minimum wage. I'm not for government interference in wages at all. I'm a true free market person who believes capitalism does a thousand times better job at determining fair wages than any artificial government intervention could ever do.

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shatoga
Agent Provocateur


588 posts, Nov 2002

posted 07-06-2003 12:15 PM     Click Here to See the Profile for shatoga     Edit/Delete Message   Reply w/Quote
an article to show the global recession
(depression if we speak the truth)
is being (as in 1929) caused by the policies of the American government.

From the Atlanta Journal-Constitution
sat, July 5, 2003

>US jobless jump depresses global stocks


By HOPE YEN
Associated Press
New' York -StockS fell
overseas Friday, with Japan's
main index retreating from a
nine-month high, as weak
employment in the United
States stirred caution among
investors betting on a qujck
recovery.
Analysts said many global
investors opted to cash in
recent gainsaft~r the U.S. job"
less rate unexpectedly jumped
to 6.4 percent last month, the
highest level in nine years.
Tepid German manufacturing

and a profit warning from from
Dutch retailer Vendex also
weighed on shares.
U.S. markets were closed
Friday for the July Fourth holiday
and will reopen Monday.

In Japan, the benchmark
225-issue Nikkei Stock Average
lost 77.07 points, or 0.8
percent, to 9,547.73.

In recent days, stocks had..
surged on growing hopes for ""
Ia strong economic recovery in
Japan and the United States.
The Tokyo Stock Price Index
..dropped 3.77 points, or 0.41
percent, to 948.67 points. g
Hong Kong's main Hang Seng Index slipped 9.29
points, or 0.09 percent, to
9,636.81. On Thursday; the
index had gained 43;48 points,
or 0.45 percent. Brokers said
the market was hit by selec-
tive profit-taking following
two sessions of gains.
In Europe, stocks iell after
Vendex warned that losses at
its V &D department stores. ~'t
will be greater than forecast.

Germany's economics ministry also said the nation's
manufacturing orders declined -~
unexpectedly by 2.2 percent in May,
compared with a 1.5 percent rise in April.<

Source:
Atlanta Journal-Constitution
sat, July 5, 2003

(cut and paste to present facts)


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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-06-2003 06:07 PM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
wait a minute...your saying an incorrect date btw, that the U.S caused the world's economy to fail ?

the U.S economy is the only one growing now...

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shatoga
Agent Provocateur


588 posts, Nov 2002

posted 07-08-2003 12:19 AM     Click Here to See the Profile for shatoga     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by theseeker:
wait a minute...your saying an incorrect date btw, that the U.S caused the world's economy to fail ?

the U.S economy is the only one growing now...


Only the self deluded believe the lie that an economy can grow when unemployment is at a nine year high.

The economy grows when Americans work honest jobs and pay taxes.

As in 1929 and after, the wealthy and self deluded believe all is well when more people live under bridges and more people starve to death in america than any other industrialized nation.

May the homeless learn that cleaning your windshield is futile, but cleaning your clock is a proper response to deliberate destruction of the amerikan economy by bush fascists?

Only time will tell.

In the early 1930's Lincolns in Harlem got turned over and burned with occupants still inside.

Is history repeating?
Uncaring rightwingers in the white house.
Economy deliberately in ruins.
Federal assistance to the rich while the poor starve.

Self deluded brownshirts blaming everyone but themselves.

Yep it's repeating.


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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-12-2003 06:59 PM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
hmmm...hard to argue economics with someone and people that have only known a government handout...I mean paycheck...

same shit I been saying...good news all around....

Market watchers who take the bullish view say a pickup is coming due to a triple whammy of stimulation -- the lowest U.S. interest rates in more than 40 years, tax cuts worth $350 billion and a weaker dollar, which makes U.S.-produced goods more competitive. All of that will boost the economy.

"We are in the early stages of a classic bull equity market anticipating an improving economy," Allen Sinai, chief global economist for Decision Economics Inc., said.

Optimism could grow even more as investors' read their second-quarter financial statements, which will look the best they have in a long time.

The Dow Jones industrial average <.DJI> ended up 83.55 points, or 0.92 percent, at 9,119.59 on Friday. For the week, it rose 0.5 percent, while the Nasdaq climbed 4.2 percent and the S&P 500 gained 1.3 percent.

All the major equity indexes are up enough to practically guarantee the market's first positive year since 1999. But the market's gains are all hinged on hopes for an economic turnaround that will bring higher profits for companies.

http://www.washingtonpost.com/wp-dyn/articles/A46872-2003Jul12.html

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shatoga
Agent Provocateur


588 posts, Nov 2002

posted 07-17-2003 02:44 AM     Click Here to See the Profile for shatoga     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by theseeker:
hmmm...hard to argue economics with someone and people that have only known a government handout...I mean paycheck...

same shit I been saying...



I woked for over 30 years despite a disabling condition engendered while serving on active duty in the US Army.

I've earned every penny of my pensions.

VA doctors close every visit
after I say "Thank you doctor."
with: "Thank you for your service to our nation."

Years of working at Star Wars labs, nuclear plants, and (unable to list) other jobs for our government & private enterprize resulted in my pensions.

And now, & here,
RW chickenhawk maggots
who sacrificed not one limb to America criticize me.
People who never spent time in a hospital nor suffered permanent scarring.
Never had a kid in a supermarket scream upon seeing the result of honerable service to our nation-
before I grew my beard to cover most of the scarring.
(the most obvious of my service connected disabilities)

My service for V V A W alone was more than most veterans do in a lifetime.

I traveled overseas (at my own expense) to convince draftdodgers and deserters to give themselves up to UCMJ military discipline, and thus become Americans again.

My status as an honerably disabled veteran helped me to convince them.
My obvious injuries made the task easier.

The President who served longest in the US military:
Carter
pardoned all draft dodgers,
but never pardoned W Bush and his fellow deserters!


quote:
Originally posted by theseeker:

shit I been saying...

Agreed that, in your ignorance you have spouted cultist shit.

Expected of you however and forgiven.

Those who gave nothing for their country understand nothing about sacrifice!

That you understand nothing

is reinforced with every ignorant cult parroting post.

You understand nothing..
You've sacrificed nothing for your country.


You don't even think for yourself.

Beneath contempt?

No personal input.
I don't know you and don't want to know another chickenhawk.

Never been, in my travels, in an American Legion Post (of 4 so far), or DAV post (of 3 so far) or a VFW Post (of two so far) that I was not one of the two nost honored members.
all I ever did was submit my DD-214 and claim to have done nothing but "followed all lawful orders."

Never a hero, only another ordinary American.

In a post full of fake heroes, who sooner or later tell me the truth, in confidence, of course.




[Edited 1 times, lastly by shatoga on 07-17-2003]

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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-20-2003 01:26 AM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
well hit a nerve with the commie !

good good...I don't believe a word you say...sorry...the shit you peddle ain't worth a hot cup of jack squat...

Never a hero, only another ordinary American.

ordinary Americans are just fine by me and a damn site better that the filth that you rub shoulders with....

your not a hero...or an American by any standard definition I'm aware of...but you certainly are one thing....

a puppet



[Edited 1 times, lastly by theseeker on 07-20-2003]

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KNOW-THIS
Senior Member


180 posts, Jul 2003

posted 07-20-2003 02:35 AM     Click Here to See the Profile for KNOW-THIS     Edit/Delete Message   Reply w/Quote
Capitalism has become a formalized rat race, misconstrued by a political party propelled by greed and selfishness. In theory, it's initial intended purpose is both valid and useful. But when abused, it becomes the deformation of society. The republicant's have ritually raped the potential of a what could have been a good thing continually from the start. They have sucked every positive aspect of democracy dry like a vacuum. The difference now, other parts of the world are now opening their eyes to the deception. They can now see and reflect upon the results of this corrupt Bush faction. Never before was their an era of such international protest and disgust. The Republican dream has manifested itself into a worldwide nightmare.
One can only hide behind a shield of lies for so long. That is until the rains of vengeance and freedom fall liberally. The way nature was truly meant to be. Without the hindrance of materialism, wastefulness and stupidity. A republican trademark......

The time has come for repubes to systematically swallow their feet. Just like the bow tie wearing punk, Tucker Carlson from the show Crossfire.

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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-20-2003 02:48 AM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
They have sucked every positive aspect of democracy dry like a vacuum.

what does democracy have to due with capitalism ?

at the very least your socialist colors shine through in the insane rhetoric....

confusing government with private industry...LOL....

anyway...how about a little cheese with that whine....

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KNOW-THIS
Senior Member


180 posts, Jul 2003

posted 07-20-2003 03:17 AM     Click Here to See the Profile for KNOW-THIS     Edit/Delete Message   Reply w/Quote
As if the government and big business have no correlation. The collusion that takes place seems hard for you to swallow. This must be a first for you, such an experienced throat you have. Money = influence, capitalism = step on the guy below you to better yourself and attain that influence which equals power. Republicans have abused this concept without remorse(trickle down theory, or, the piss on you theory). By using the presidential office to ease the troubles of corporate america. They seemed to have found a valuable use for knee pads. Oil companies = funds for campaigns. Suck the shriveled cocks of those on top, and to hell with the rest. Capitalism at it's worst.

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the professor
exposing the mechanisms of evil


heartland USA
770 posts, Jan 2003

posted 07-20-2003 10:14 AM     Click Here to See the Profile for the professor   Visit the professor's Homepage!   Edit/Delete Message   Reply w/Quote
Quote
Capitalism has become a formalized rat race, misconstrued by a political party propelled by greed and selfishness

I hope that your not implying being a capilist is being greedy, whats wrong with trying to get ahead? or turn a profit? I'm not speaking of corporations that do fraudulent business.
I'd rather live in a society where you can make up to any limit you can get to rather than a socialist plan to keep everyone down where the thinking lies with redistributing the wealth. Misery loves company.

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KNOW-THIS
Senior Member


180 posts, Jul 2003

posted 07-20-2003 12:55 PM     Click Here to See the Profile for KNOW-THIS     Edit/Delete Message   Reply w/Quote
I'm not implying that at all. Read the next sentence. Capitalism is fine, but right now it's clearly not being utilized the way it should be. The circular flow of money is stopping in the wrong pockets for the wrong reasons. There is a hell of alot more fraudulent business activity going on than what you might think. They just haven't been exposed yet, the "crooked E" just got TOO greedy. And what about the plants and factories being built across the border for cheap labor? A healthy economy cannot be based upon this kind of selfish decision making. And the worst part about it, the white house seems to support it. Big business and government have been in bed together for far too long. They failed to use protection, and gave birth to this malformed republican party.

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theseeker
One moon circles


Damnit...I'm a doctor jim
3297 posts, Jul 2000

posted 07-20-2003 02:24 PM     Click Here to See the Profile for theseeker   Visit theseeker's Homepage!   Edit/Delete Message   Reply w/Quote
knowthis a seems to fixate on the republicans as much as he/she does on oral gratification...and the performance there of...

I try to keep the conversation above the waste-line, sunshine...

continous references to such just makes knowthis look like more of an idiot than he/she probably should...maybe not...

still yet to hear a coherent arguement why democrats and liberals are better ....just attack atttack attack on conservatives and republicans....

much like gasbag who left here in disgrace....due to fowl language and posting nasty pictures and NO arguement...

went through 3 different states in the past week and all I seen was new buildings going up...traffic out the ass...and the hussle and bustle of commerce....

oh yeah and people spending mucho dollareenies....

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