Riots in the streets 2008-2013 style.

[Bob_S]

Where I am living the economy continues to tank.

And if you travel internationally, Obamanomics is lethal to the value of your dollar.  It has lost 27% of its value against the Yen since the Democraps took over congress in 2007, and 10% of its value since The One ascended the throne.  Heck, Japan's economy sank almost 4% since the tsunami 3 months ago (no pun intended) and the dollar is STILL dropping against the Yen.  When it comes to the dollar, the question is how low it can go.  The money we converted to Yen for the trip but didn't spend won't be converted back to dollars.   

[piglett]

Where I am living the economy continues to tank. Out of 8 employees (including myself) in my office, only two of us left town for the holiday weekend, citing lack of cash. Even for myself, the highlight of my trip was finding some swapmeet deals on used DVD's, fruits/veggies, and just spending time playing with the kids at the park.

I don't hear anyone talking about  Seaworld, cruises, big amusement park trips, anything like that anymore.

And it seems like it is getting steadily worse.

I'm not sure about where you are at but around here sh*t is closing up. even places that have been around 20 or 30 years
they back up a moving truck & load it on up & off they go.
 
when does it stop & start getting better
 
& don't tell my it's all because if this party or that party
they are all a bunch of crooks that only look out for the people that give them millions in bribe money oops i ment "donations"
 
 
pig

[Researcher]

     That's true Piglett.All these mofos are on the take.We were sold out when jobs started leaving this country and illegals were allowed to enter without much problem.Now our government is printing money to keep us afloat and putting on this dog and pony show about trying to control the budget deficit! This is just a distraction to keep people's attention away from the underlying issues that are doing us in.I have to agree with those that say we haven't seen the worst of things to come.We are going to end up a third world nation before all is said and done.

            Researcher

[Alabamaboy!]

Anyone looking for some extra proof of the economic downturn can go to www.zillow.com and punch in your home's address (if you own), and check out the current value.

My home was purchased at pretty much the peak of the real estate boom (2005) for $388K. The value now is listed at $230K. I know a lot of other places are worse, but the crazy thing is that the prices are still dropping.

I think the oil/gas price spike is going to start showing up in corporate earnings reports real soon, and it will cause a panic in the markets causing 2008 all over again. Everyone I know in States all over this country are significantly downsizing, reducing, conserving, and spending way less. And this was before the gas prices took off. I think the government has been just putting out false statistics to prevent a complete economic meltdown, hoping that conditions would improve in the meantime and they would not have to continue the charade very long.

Even if prices for gas start to drop soon, I think it is too late. I think the prices of consumer goods won't reflect that drop for  another 6 months down the road. And that is "if" the gas/oil prices drop significantly.

I am pulling cash out of the markets on any chance that I can. I have no idea where to put it, because everything sucks right now. I don't want my retirement cash to be left in the pot waiting for the crash.

Shoot even my plan "B" is getting squashed because the dollar has dropped so far against the Colombian peso that the prices have effectively jumped out of range for what I had planned.

My plan "C" is getting hammered because the cost of my little pimped out condo in San Diego is rising quickly due to increasing condo fees, increased cost of everything else in SoCal.

Man I just hope I don't end up like those snowbirds out here in AZ, living in suspended animation in some RV park watching the days roll by.

[Researcher]

       I agree AB things aren't improving like we are being led to believe.Everything here in the US is just propped up that's all.I don't think anything can be done frankly.If everyone is downsizing and not spending then that is what needs to be done.The government doesn't want that because it hurts businesses when people don't consume....but who can? It's been a downward cycle for sometime now that has eroded the strength of the US.Now they are using the dollar strength to prop everything up.


     Researcher

[Ray]

I'm not sure about where you are at but around here sh*t is closing up. even places that have been around 20 or 30 years
they back up a moving truck & load it on up & off they go.
 
when does it stop & start getting better
 
& don't tell my it's all because if this party or that party
they are all a bunch of crooks that only look out for the people that give them millions in bribe money oops i ment "donations"
 

When does it start getting better? How about when Obama and his stinking Democrat buddies all get thrown out on their ears?
 
Yes, the vast majority of politicians are crooks and cheats, but with the Democrats you will get more taxes, more spending, amnesty for illegals, and more handouts to their union buddies at the expense of the taxpayers. Look at how that has worked out in California. People here are fleeing the state by the thousands every day!
 
It is beginning to look like our only hope is the tea party folks pressuring both Democrats and Republicans to stop the stupid spending spree.
 
Ray
 
 

[Researcher]

  Hey AB, as far as the endless printing of the dollar and the propping up of our floundering economy goes I'll quote Jim Cramer "They're nuts, they know nothing!"

   With China owning our debt they will soon own us.Then we will be commies.Those liberals will finally get their way.Well, see you on the other side comrades!


  Researcher

[Alabamaboy!]

When does it start getting better? How about when Obama and his stinking Democrat buddies all get thrown out on their ears?
 
Yes, the vast majority of politicians are crooks and cheats, but with the Democrats you will get more taxes, more spending, amnesty for illegals, and more handouts to their union buddies at the expense of the taxpayers. Look at how that has worked out in California. People here are fleeing the state by the thousands every day!
 
It is beginning to look like our only hope is the tea party folks pressuring both Democrats and Republicans to stop the stupid spending spree.
 
Ray

One of the craziest stories I have seen lately was that there is an exodus of people leaving AZ for TX! Just a few years ago AZ was a magnet for new corporations, workers, developers. Now  the people and businesses are leaving for TX? And even the illegals are returning to Mexico? WTF?

The thing that is amazing is the increasing speed at which things seem to be deteriorating as far as the eye can see and somehow the government states that things are improving and that we are not even in a recession any more. I think that supposedly ended sometime in 2009.

Now that Osama and even Arnold have done their part to distract this country from the reality which is occurring, things are going to be coming out into the open more and more. There is nowhere to hide now. You can only fake the numbers so long.

I think the Tea Party folks are about a year or so away from somehow breaking away from the other two parties and starting their own party. And they will win elections in landslide fashion because everyone who is smart enough to use a F'ing calculator will be on-board with them.

If something drastic like this does not happen, we have about 10 years left in the tank at most for this country before it comes completely unglued.

Watch what happens when the stock market melts down. Right now that is the thing that is preventing the complete disaster, because the fat cats are still getting theirs. So the administration can point to that and then fudge the rest of the numbers. But when the stock market crashes things are going to get ugly.

[fathertime]

Anyone looking for some extra proof of the economic downturn can go to www.zillow.com and punch in your home's address (if you own), and check out the current value.

My home was purchased at pretty much the peak of the real estate boom (2005) for $388K. The value now is listed at $230K. I know a lot of other places are worse, but the crazy thing is that the prices are still dropping.

I think the oil/gas price spike is going to start showing up in corporate earnings reports real soon, and it will cause a panic in the markets causing 2008 all over again. Everyone I know in States all over this country are significantly downsizing, reducing, conserving, and spending way less. And this was before the gas prices took off. I think the government has been just putting out false statistics to prevent a complete economic meltdown, hoping that conditions would improve in the meantime and they would not have to continue the charade very long.

Even if prices for gas start to drop soon, I think it is too late. I think the prices of consumer goods won't reflect that drop for  another 6 months down the road. And that is "if" the gas/oil prices drop significantly.

I am pulling cash out of the markets on any chance that I can. I have no idea where to put it, because everything sucks right now. I don't want my retirement cash to be left in the pot waiting for the crash.

Shoot even my plan "B" is getting squashed because the dollar has dropped so far against the Colombian peso that the prices have effectively jumped out of range for what I had planned.

My plan "C" is getting hammered because the cost of my little pimped out condo in San Diego is rising quickly due to increasing condo fees, increased cost of everything else in SoCal.

Man I just hope I don't end up like those snowbirds out here in AZ, living in suspended animation in some RV park watching the days roll by.

hehehe you better start using that pool at  the 'pimped out' pad in san diego so you get your moneys worth!


my feeling on house prices was/is that they are tototally out of whack...when the pundits grumble that home prices are going down, I shake my head and wonder what the fook is their problem...i think it is good that houses are coming to a level that makes sense....who da crap wants to spend all/most of their extra cash on a stupid mortgage payment...the lower the home prices are the better as far as i'm concerned...it enables people to use their money on other life's pleasures! 


Fathertime!

[Alabamaboy!]

You are right, the thing about the house prices is not a big deal in itself because if you get screwed when you sell, you will probably get a great deal when you buy the next place. So it kind of equals out.  But it is a symptom of a much bigger problem. Like a big oozing pus filled canker sore on a babe. Not a good sign.

At least they legalized the medical marijuana in California. Seems like there is a dispensary on every corner now in San Diego and every other apartment unit in my complex over there has the sweet smell of high grade ganja wafting out. That will calm the masses as this big turd (the economy) circles the toilet on the way down the crapper. Doesn't seem like anyone is sweating it over there....at least in that area of SD.

[piglett]

Anyone looking for some extra proof of the economic downturn can go to www.zillow.com and punch in your home's address (if you own), and check out the current value.

My home was purchased at pretty much the peak of the real estate boom (2005) for $388K. The value now is listed at $230K. I know a lot of other places are worse, but the crazy thing is that the prices are still dropping.

I think the oil/gas price spike is going to start showing up in corporate earnings reports real soon, and it will cause a panic in the markets causing 2008 all over again. Everyone I know in States all over this country are significantly downsizing, reducing, conserving, and spending way less. And this was before the gas prices took off. I think the government has been just putting out false statistics to prevent a complete economic meltdown, hoping that conditions would improve in the meantime and they would not have to continue the charade very long.

Even if prices for gas start to drop soon, I think it is too late. I think the prices of consumer goods won't reflect that drop for  another 6 months down the road. And that is "if" the gas/oil prices drop significantly.

I am pulling cash out of the markets on any chance that I can. I have no idea where to put it, because everything sucks right now. I don't want my retirement cash to be left in the pot waiting for the crash.

Shoot even my plan "B" is getting squashed because the dollar has dropped so far against the Colombian peso that the prices have effectively jumped out of range for what I had planned.

My plan "C" is getting hammered because the cost of my little pimped out condo in San Diego is rising quickly due to increasing condo fees, increased cost of everything else in SoCal.

Man I just hope I don't end up like those snowbirds out here in AZ, living in suspended animation in some RV park watching the days roll by.

but the sh*t out of silver
jp morgan is keeping it low so they can sell off their silver "on paper" there is not enough silver in the world to cover all the silver that has been sold on paper. my understanding is silver should be one 14th of what gold is but it's not.  sooner or later it HAS to come up.
 
 
pig 

[piglett]

When does it start getting better? How about when Obama and his stinking Democrat buddies all get thrown out on their ears?
 
Yes, the vast majority of politicians are crooks and cheats, but with the Democrats you will get more taxes, more spending, amnesty for illegals, and more handouts to their union buddies at the expense of the taxpayers. Look at how that has worked out in California. People here are fleeing the state by the thousands every day!
 
It is beginning to look like our only hope is the tea party folks pressuring both Democrats and Republicans to stop the stupid spending spree.
 
Ray

are you saying that durring the 8 years bush was in control of things he sealed the border & cut the sh*t out of spending?? ??
 
granted the g.o.p. is a slightly better grade of poor than obummer though
 
 
pig

[Ray]

are you saying that durring the 8 years bush was in control of things he sealed the border & cut the sh*t out of spending?? ??
 
granted the g.o.p. is a slightly better grade of poor than obummer though
 
 
pig

Not me!
　
BUT, I hate to even think of how much farther down the toilet we would be now if that moron Algore or that phony commie Kerry had been elected instead of Bush… 
　
As for spending money we don’t have, Bush was a rank amateur compared to that socialist bozo in there now!
　
Ray
　

[Researcher]

      Republicans, Democrats what's the difference the Tea Party is too late to fix anything.Soon there won't be room but for one party:

                               


                 Researcher

[Jeff S]

Everyone likes to bring up Bush when they talk about bringing a conservative back to the white house. Bush was FAR from being conservative - not quite as socialist as what we have now - but he was certainly no Reagan.


Like Carter begat Reagan, so will Obama beget the next few decades of fiscal conservatism. It doesn't require everyone to be on board, just a few percentage points - and looking at the disappointment of middle of the road voters that broke left in '08, I don't see how it can't happen - unless the Republicans nominate a real lamebrain.

[Colgando]

Can a Romney-Pawlenty ticket beat the Obama-Biden ticket?

[piglett]

Can a Romney-Pawlenty ticket beat the Obama-Biden ticket?

Romney mite be the best we can get
however i think something like Trump/Palin would be more to my liking even though none of them are perfect & what you think as perfect others would say "oh no we can do better" I think it comes down to who can beat Obummer that is all i care about. so unless Castro runs & beats obummer we are sure to be better off
 
 
 
pig   

[fathertime]

Can a Romney-Pawlenty ticket beat the Obama-Biden ticket?

I don't think they can beat Obozo...unless something really wild happens here in the next 18 months or so, Obozo is going to be president again...I think the tea party dilutes the republican vote.  Our country is in deep caca and I disagree with about every decision i've seen over the past 5 or so years...somebody like ron paul gets my vote, i also like what herman cain has to say on the issues...


Fathertime!

[piglett]

You are right, the thing about the house prices is not a big deal in itself because if you get screwed when you sell, you will probably get a great deal when you buy the next place. So it kind of equals out.  But it is a symptom of a much bigger problem. Like a big oozing pus filled canker sore on a babe. Not a good sign.

At least they legalized the medical marijuana in California. Seems like there is a dispensary on every corner now in San Diego and every other apartment unit in my complex over there has the sweet smell of high grade ganja wafting out. That will calm the masses as this big turd (the economy) circles the toilet on the way down the crapper. Doesn't seem like anyone is sweating it over there....at least in that area of SD.

i think they did the same before WWII in Germany
let the masses get drunk stoned gamble you name it make it all legal just stay in power ....that is all they care about
the whole system is rotten to the core
 
pig

[no comment]

If I were advising President Obama I'd suggest he lose Joe Biden, basically a dufus who adds little to the ticket.  They could find a plausible excuse, like Biden wanting to spend more time with his family and pick someone younger who could shore up support among some particular group.


Tomorrow, June 6 is a runoff election in Peru between a former president's daughter and Ollanta Humala, a candidate leaning toward nationalism & socialism.  Keiko Fujimori is expected to win and become Peru's first woman president.  All citizens of voting age except senior citizens are required to vote or they face a fine.

[Ray]

...somebody like ron paul gets my vote, i also like what herman cain has to say on the issues...

  Good God FT! Ron Paul is a freaking idiot!
　
When almost every last American (except for a few assorted commies) was celebrating the death of that stinking asswipe Bin Laden and dancing in the streets over his stinking corpse, what did Ron Paul do?
　
The dumbass said he wouldn’t have ordered the hit but would have worked with the Pakistanis to arrest Osama and bring him to trial(?) WTF was that idiot thinking?
　
Ron Paul just lost about 90 million votes with that stupid statement. I think he would be an absolute disaster in foreign policy matters!
　
I like Cain too, even though he hasn’t got a snowball’s chance in hell…
　
Ray
　

 

[Researcher]

   I'm with FT.I think we will have 4 more years of Obozo.....sad!

                           


        Researcher

[Colgando]

   I'm with FT.I think we will have 4 more years of Obozo.....sad!

                           


        Researcher

It will be interesting to see what the economic outlook and right track/wrong track numbers are in 12 months when the primaries are over and the general election runoff kicks in. Obama's approval rating has been 50% or less lately, he didn't get much of a bounce for killing Bin Laden and whatever bounce he did get will be a distant memory in 12 months. All that to say, I think it is too soon to call the election, still a lifetime to go in political time. Obama took a lot of red states from the Repubs last time that should be easy for a decent to strong repub ticket to reverse, like North Carolina, Virginia, Florida, Nevada, Colorado, Arizona. It will be interesting to see where Pennsylvania plays, but even if it goes blue along with California and New York, a Repub can get in if they can do well in the Mid-West, take the swing state of Missouri, that is tough call. The Indiana, Michigan, Ohio, Minnesota, Wisconsin areas maybe Pawlenty could help there. It is going to be a good one, I love election season, bout the only time I tune into politics. Obama is a known quantity now and "Hope and Change" will not get him re-elected, so he will probably run on his record. If there is a decent to strong repub ticket, I think many independents will break towards the Repubs this go around.

[piglett]

It will be interesting to see what the economic outlook and right track/wrong track numbers are in 12 months when the primaries are over and the general election runoff kicks in. Obama's approval rating has been 50% or less lately, he didn't get much of a bounce for killing Bin Laden and whatever bounce he did get will be a distant memory in 12 months. All that to say, I think it is too soon to call the election, still a lifetime to go in political time. Obama took a lot of red states from the Repubs last time that should be easy for a decent to strong repub ticket to reverse, like North Carolina, Virginia, Florida, Nevada, Colorado, Arizona. It will be interesting to see where Pennsylvania plays, but even if it goes blue along with California and New York, a Repub can get in if they can do well in the Mid-West, take the swing state of Missouri, that is tough call. The Indiana, Michigan, Ohio, Minnesota, Wisconsin areas maybe Pawlenty could help there. It is going to be a good one, I love election season, bout the only time I tune into politics. Obama is a known quantity now and "Hope and Change" will not get him re-elected, so he will probably run on his record. If there is a decent to strong repub ticket, I think many independents will break towards the Repubs this go around.

run on his record .................
besides ramming through health care what has he done
care to list it for me ?
maybe my brain is not working rite now but i can't think of much
 
 
pig

[Colgando]

run on his record .................
besides ramming through health care what has he done
care to list it for me ?
maybe my brain is not working rite now but i can't think of much
 
 
pig

Precisely, when he was elected in 2008, it was on a wave of Hope and Change plus anti-Bush sentiment along with his best in class oratory skills, he did not have much if any record to speak to.


Now, he will have to run on what he has done, which among many things is pass an unpopular $700 Billion Stimulus package when he took office, pass a controversial health care bill, run record trillion $ deficits on his watch, no significant improvement in unemployment, he is winding down the wars in the middle east though, which I think will play well for him.


I do not think he is a shoe in to be re-elected, if the economy continues to improve marginally as it has done during this recovery with not much downward movement in unemployment and not many new jobs being created, with the housing market still faltering and house prices still moving down in some areas, he is going to have a tough time being re-elected. However, if the economy starts picking up some steam, adding 200 to 300 thousand jobs per month consistently, we finally reach a bottom in the real estate market, they reach a compromise on the budget, implement tax and spending reforms, that would be a more favorable back-drop for him to win.


It seems the American electorate is fickle and has a what have you done for me lately outlook. To early to call, should be a good watch. I am looking forward to hearing Obama on the stump, he is smooth talker so I want to see how he positions his campaign.