"Be greedy only when others are fearful." - Warren Buffet

Fight the power
http://www.survivalblog.com/

I don't know where you got your information from, but it is well known that the main reason why the Japanese took so long to recover is because they didn't act soon enough. Our economists knew that, and that's why most of them recommended this stimulus package. In fact, many say we should have even used more money than the $782 billion that they used. So we have done the right thing by acting very quickly here. That said, nothing is going to turn this around anytime soon. But preventing a decade long recession was key.

Very well said!

Did you book directly with the hotel? Trump is charging $89/night even on the weekends. Additionally you get $50 for the spa. Hotels.com was charging $109/night for the same package.

Tony mentioned it, spending actually tried to creep up in January.

If Obama really wanted to help he would ask the media to stop making every story about how terrible the economy is. I saw a story on Yahoo about making your own make-up in these tough economic times. What bullshit!

Also, personal saving went to it's highest level since 1995 which proves people are just scared to spend which is contributing to the trouble.

Of course, time to invest more in gold and solids!

People are spending money but just not on frivolous shit. You dont get it do you? The US government is basically printing money on faith, and the world has no faith in our crooked politicians and economy right now.
This is not even close to over, you WILL be growing your own food by the time this is all said and done.

I don't worry about it much.

it sucks

That sounds like one of the answer options you'd find on an employment questionairre.

It looks like A LOT of people are not getting hit by recession in the adult business... just look the pictures fo their trips or their cars....

how lucky some fuckers are... although others base their income in scamming and spamming.. like most those cheaters, owners of program owners that support torrent sites or rapidshare forums...

LMAOROFL! So win.

Dont let the hype fool you there are maybe 1% if that of people on this board that really are "rich". Most of these fuckers are perps matter of fact I know of several here personally that come off as rich post google images to shit they dont own and have half GFY fooled. :1orglaugh

exactly ... people arent going to stop living and the media just needs ratings so they pound the shit out of a dead horse.. Look at spring breakers/ look at the everyday living
people are still driving ... still vacationing... still living / eating/driving!....i could give 2 fucks if TIFFANY&CO or GUCCI is making a fucking dime! In the end what matters is are people still buying FOOD and GAS! ... the answer is yes
So just because WALL STREET drives the media to they their fucking mess doesnt mean people are gunna go hungry because some bitch cant buy jewelry or some high end purse... Americans have cut back on the bullshit! ....Take a look at when gas was 4$ a gallon ... what did the american people do ... they told the gas companies to stick their gas in their ass and that was all she wrote on high gas prices... DEMAND dropped and gas DROPPED... now these wallstreet fucks still trying to get their high dollar because of the 4$ gas and the over priced housing market are all upset because now their shits all fucked up because they over inflated the fuck outta everything by giving loans and making bad investments! ... I could honestly care less to see every fucking bank fall on its ass and wall street crash and burn... Ill still eat and ill still drive !:thumbsup

Yeah, right... because all those people who lost trillions from their 401k had it all tied up in "TIFFANY&CO or GUCCI." You DO realize retail isn't the beginning and the end of Wall Street, right?

People HAVE to buy food and gas. Neither is a sign that the economy is just fine. That would be extremely stupid to say. Not to mention you leave out one little aspect. A good portion of those people aren't using cash anymore. They have been to trained to pull out the plastic and what happens when the shit finally hits bottom and now we have this massive credit build up with no one able to pay it back?

WE or THE PEOPLE, didn't do shit to lower gas prices, regardless of what your delusions are because the fact of the matter is, WE ARE STILL PAYING WAY MORE THAN WE WERE. Opec jacked the prices then lowered them less than halfway and now people think they are getting a deal or that they had some hand in lowering the price. HAHAHA, opec has you doing and thinking exactly what they want you too.

You want everything to crash and burn? You my friend are an idiot because like it or not, thanks to our central banking system, if it fails WE ALL FAIL. PERIOD. END OF STORY.

Orly? We seemed to come out of the great depression a stronger and smarter nation didnt we? And almost ALL the banks failed during that time. So shut the fuck up unless you know what you are talking about. You are being spoon fed that bullshit by the White.. excuse me Black house. Nationalize the banks or let them fail, we will survive. Just stop printing useless fucking money, thats all Obama is doing is printing money that has no value.

Show me were I said we WOULDN'T survive this... Or that we wouldn't bounce back. How about you shut your fucking mouth and quit putting words into mine.

As things go now, the FED, you know OUR CENTRAL BANK, is doing everything the wrong way. You even said it yourself, "Just stop printing useless fucking money, thats all Obama is doing is printing money that has no value."

But you are right, we couldn't possibly be in trouble, we just did those 1.6 trillion dollar bailouts for the fun of it right?

I think its a good time to buy another house

Oil price had nothing to do with consumption. From the horses mouth. The real reason oil price went down.

Skip forward until 3 minutes in



They tanked it to break the oil rich countries, also if they left it high while they tanked the major economies it would rapidly accelerate an inflationary depression. It was all engineered. Keep in mind Soros is behind Obama. He also happens to run one of the largest if not the largest money market funds. Shall I mention the nearly 600 billion money market run which triggered the panic on September 18th that more or less nailed McCain's campaign coffin shut and began the bailout madness.

Can't they close that line of credit at anytime? Take it now!

I have not worried about it much, because i made plans and im pretty liquid, but people i work with, media, neighbours, friends, everyone basically is scared shitless, and all you can hear is crysis this, this is gona fall bla bla. Sometimes it's all it takes, and it indeed can colapse with all the hype media is giving the crysis to. So therefor, i am scared yes, but im scared of the "apocalypse", goverments falling and riots, violence and shit, not that i wont have money to buy food.

Pure Keynesian nonsense :2 cents:

"A tax revolt in this country":Oh crap

On a side note... Was just checking my stats where by I link into Google images for images I neither own, nor host and my numbers are looking very sexy!

I'm concerned,especially when I see my mutuals taking a dive.

Don't pretend like you are in some elite club.

Market Ticker isn't private - it's open to anyone who creates an account lol.

And his blog is just that....a blog, available to anyone.

If someone wants to read and learn about what is really going on (not the idiot analysis you get on GFY) why deny them that resource just so you can pretend like you are in come exclusive economic club.

http://tickerforum.org/

There ya go fella's.

Calm down...the crisis will be over until the end of the year. But for the future, instead of making a loan, try to get more traffic. :)

Not sure.

It's been an open line of credit for me for about 4 years, where I took it up to 60k to hire employees, then brought it down to $0 just last year.

I'm sure they have a clause where they can cancel the contract at any time.

Hmmm.

Do you read any history or just spout what you want? Govt spending is a proven method of getting economies out of recession. The problem with the US is that GW and gang have been spending like drunken sailors for years and now to rachet it up is pretty scary. Our debt ratio as a percent of GDP is near WWII levels and pretty much on par with third world countries.

What I posted is not from a blog. I have linked to this site many times. I can't link to a non-public thread. I guess you don't know about the hidden forums there :)

I know my history very well actually. Give some examples of government spending pulling countries out of recessions. This should be fun...

Yes, our national debt is a huge problem. One benefit we have is that our debt is all denominated in dollars. The risk is not that we default, but rather that we destroy our currency.

United states - great depression
Germany - Rise of Hitler
Japan - did not do this as they run about 100% of GDP as the national debt and did not have the option.

Problem is Obama is helping create the hysteria ... using it to ram through massive socialism.

Uh...

Hoover/Roosevelt's government spending and manipulation of the economy prolonged the Great Depression and it took a World War to get us out of it.

Weimar Republic Germany experienced hyperinflation because of large amounts of government spending which eventually led to Hitler getting power...

Japan bailed out everyone and their economy still has not recovered. It is referred to as the "lost decade".

Not much, kinda whatever...