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  1. #404
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    Quote Originally Posted by royc View Post
    Stop making welfare so inviting, why would some want to work when they don't have to.

    When a woman goes on welfare, ask her who's the father, he needs to provide. And next time she gets pregnant again, she better get the money from the one who got her pregnant, cause it wasn't us, the taxpayer.

    Its not our problem, its her and his problem, and make it so.

    We got plenty of workers, make it so.

    Roy
    Good ideas...

    GA would go one step farther:
    Get rid of ALL entitlement programs... all of them!
    Folks need to work to eat... if they do not want to work, they get to starve to death in cold and dark.

    That principle has worked for all of humanity...
    Why are we special and different???

    Other than the left buying votes with our tax $$$'s
    GA-HVAC-Tech

    Your comfort, Your way, Everyday!

    GA's basic rules of home heating and AC upgrades:
    *Installation is more important than the brand of equipment
    *The duct system keeps the house comfortable; the equipment only heats and cools (and dehumidifies)
    *Cheap is not good, good is not cheap; however expensive is not a guarantee of quality!
    Choose your contractor wisely!

  2. #405
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    This reminds me, if we truly have a unemployment rate of 2-3% then why do we need much of a welfare program now. Sure we have those disabled that can't work but many more that just choose to not work. Supporting those that can't is fine, but why are we still supporting those that can?

  3. #406
    Join Date
    Mar 2015
    Location
    Hamersville, Ohio
    Posts
    7,281
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    Thread Starter
    Quote Originally Posted by royc View Post
    Stop making welfare so inviting, why would some want to work when they don't have to.

    When a woman goes on welfare, ask her who's the father, he needs to provide. And next time she gets pregnant again, she better get the money from the one who got her pregnant, cause it wasn't us, the taxpayer.

    Its not our problem, its her and his problem, and make it so.

    We got plenty of workers, make it so.

    Roy
    Didn't Rome also have an Issue, after it became a Great Empire, with it's people performing an "Honest Day's Work", as well as voluntarily becoming part of the Military?

    If, I'm correct, ..... Rome tried to solve that problem by bringing in Foreigners, to do all of the work, that didn't appeal to the Citizens of Rome/The Roman Empire, as well as fighting Rome's Wars.

    It's Strange, .... But, America appears to be committing the same Mistake.

    And, ... Corporate Welfare, serves the Rich, & not the Working Class.
    Hos 4:6 My people are destroyed for lack of knowledge. Because you have rejected knowledge, I will also reject you, that you may be no priest to me. Because you have forgotten your God’s law, I will also forget your children.


    "You've got to Stand for Something or You'll fall for anything" (A. Tippin)


    Mat_15:24 But he answered, “I wasn’t sent to anyone but the lost sheep of the house of Israel.”

  4. #407
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    Hamersville, Ohio
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    Thread Starter
    Quote Originally Posted by BNME8EZ View Post
    This reminds me, if we truly have a unemployment rate of 2-3% then why do we need much of a welfare program now. Sure we have those disabled that can't work but many more that just choose to not work. Supporting those that can't is fine, but why are we still supporting those that can?
    I'm glad that you brought that up BNM.

    The "Numbers" are Fudged, & I could post a great amount of Data, that would prove that many an Administration, both Republican & Democrat, including this current one, alter, mis-quote, delay, & even intentionally corrupt the GDP, Employment rate, etc., all to keep the Sheeple satisfied &/or Upset.

    There are Millions of people, including Families, in America on Food Stamps, Living Homeless or in Shelters, on Medicaid, Living with a Relative &/or Friend, etc.

    There are Families, currently in the Military, that rely upon Assistance, such as On Base Housing, Food Stamps, & even part time jobs, just to get by, BNM

    Many Jobs today, require High Tech Skills, such as in the HVAC/Refrig trade, or even Robotics, where a Tech would go an repair a Robot, or Robotic ASsembly LIne, that had replaced Human Workers.

    And, just because someone has lost everything, & is living on the streets, .... Absolutely, In MY World, doesn't automatically make them a "Drug Addict", "Mentally Ill", &/or Lazy.

    I Believe, that if someone is Physically capable of working, & willing to, that they should be helped, until they can "get on their feet", & become a productive member of Society.

    But,... Those that make a Lifestyle out of being a "Parasite", & especially those that "Reproduce" for the sake of receiving a larger amount of $$$ & Assistance, should be clearly told that the "Gravy Train" is over, & that they must Wake Up & become productive, ... or, be Deported to some Socialist Nation that upholds that Lifestyle.

    Either way, ..... What's on Our Horizon, is going to put Millions of people outa work, & possibly on the streets.
    Hos 4:6 My people are destroyed for lack of knowledge. Because you have rejected knowledge, I will also reject you, that you may be no priest to me. Because you have forgotten your God’s law, I will also forget your children.


    "You've got to Stand for Something or You'll fall for anything" (A. Tippin)


    Mat_15:24 But he answered, “I wasn’t sent to anyone but the lost sheep of the house of Israel.”

  5. #408
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    Mar 2018
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    Sumter, SC
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    726
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    Quote Originally Posted by BNME8EZ View Post
    This reminds me, if we truly have a unemployment rate of 2-3% then why do we need much of a welfare program now. Sure we have those disabled that can't work but many more that just choose to not work. Supporting those that can't is fine, but why are we still supporting those that can?
    https://www.investopedia.com/ask/ans...yment-rate.asp

    This may help answer some of what you are asking.

    "The unemployment rate does not consider discouraged workers, defined as those unemployed workers who would like to work but have given up looking for work altogether, usually because they believe that there are no jobs available."

  6. #409
    Join Date
    Sep 2002
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    I missed the 1929 opportunity but I made so much money in 1987 and 2008 that I am almost embarrassed. And I am still actively benefiting from the subsequent housing crisis. Florida RE has been endless boom & bust for the last 100 years - but this cycle is going to upside-huge like never before.

    Talk of recession is market-fundamental silliness at this point in time - but who knows what fun sufficient false-negative publicity and a stampeding-herd mentality might create for us? <g>

    Goldman Sachs always finds a way to make money. Buy their shares on any real dip in the price. They are truly the smartest jews on Wall Street. And they really Earn that moniker. And . . . . Market volatility is their dear friend. <g>

    Market Maker hell - how about Market Creator? <g>

    PHM
    -------


    Quote Originally Posted by DavidDeBord View Post
    We/America,..... As Dorthy said in the Wizard of Oz,"We aren't in Kansas anymore!"
    ------------------------


    Goldman Sachs Has Just Issued An Ominous Warning About Stock Market Chaos In October
    by Tyler Durden
    Sat, 09/21/2019 - 10:45



    Authored by Michael Snyder via The Economic Collapse blog,

    Are we about to see U.S. financial markets go crazy? That is what Goldman Sachs seems to think, and it certainly wouldn’t be the first time that great financial chaos has been unleashed during the month of October. When the stock market crashed in October 1929, it started the worst economic depression that we have ever witnessed. In October 1987, the largest single day percentage decline in U.S. stock market history rocked the entire planet. And the nightmarish events of October 2008 set the stage for a “Great Recession” that we still haven’t fully recovered from. So could it be possible that something similar may happen in October 2019?

    According to CNBC, Goldman Sachs is warning that the stock market could soon “go crazy again”…

    For investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.

    Wall Street is now inches away from reclaiming its record highs, but a rockier ride could be around the corner as stock volatility has been 25% higher in October on average since 1928, according to Goldman. Big price swings have been seen in each major stock benchmark and sector in October over the past 30 years, with technology and health care being the most volatile groups, Goldman said.

    Goldman derivatives strategist John Marshall is the man behind this new warning, and he believes that there are some fundamental reasons why the month of October is often so volatile…

    “We believe high October volatility is more than just a coincidence,” John Marshall, equity derivatives strategist at Goldman, said in a note Friday. “We believe it is a critical period for many investors and companies that manage performance to calendar year-end.”

    And even though October hasn’t arrived yet, we are already starting to see some things that we haven’t witnessed since the last financial crisis.

    For example, the Federal Reserve had not intervened in the repo market since 2008, but this week the liquidity crunch was so bad that the Fed felt forced to conduct emergency overnight repurchase agreement operations on Tuesday, Wednesday, Thursday and Friday.

    And then on Friday the Fed announced that it will continue to conduct emergency interventions “on a daily basis for the next three weeks”…


    The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates.

    The Fed will offer up to $75 billion a day in repurchase agreements — exchanging secure assets for cash for very short periods — through October 10, it said in a statement.

    In addition, it will offer three 14-day “repo” operations of at least $30 billion each.

    In essence, the “plumbing” of our financial system has gotten all jammed up, and calling out Roto-Rooter is simply not going to get the job done.

    Of course Fed officials are trying to assure us that this is no big deal and that they have everything under control.

    But if all this is no big deal, why haven’t they had to conduct such emergency interventions for the last 11 years?

    And this comes at a time when the deterioration of the U.S. economy appears to be accelerating. In fact, on Friday St. Louis Fed President James Bullard publicly admitted that the U.S. manufacturing industry appears to already be in a recession…

    The US manufacturing sector “already appears in recession” and overall economic growth is expected to slow “in the near horizon,” St. Louis Federal Reserve Bank president James Bullard said on Friday, explaining why he dissented at a recent Fed meeting and wanted a deeper, half-percentage-point rate cut.

    That is a stunning admission, because normally Fed officials try very hard to maintain the narrative that everything is wonderful because they are doing such a great job of manipulating the economy.

    The American people as a whole are becoming increasingly pessimistic about the economy as well, and Gallup just released some very alarming numbers…

    Americans’ confidence in the economy has become less rosy this month as Gallup’s Economic Confidence Index fell to +17 from August’s +24 reading, marking the lowest level since the government shutdown ended in January.

    At the same time, the public is evenly divided over the likelihood of a recession in the next year. The current expectation of a recession is nine points higher than it was in October 2007, just two months before the Great Recession began but slightly below a February 2001 reading, one month before that eight-month-long recession.

    Every economic indicator that we have is telling us that big trouble is heading our way, but most Americans are partying instead of preparing.

    U.S. financial markets have never been more primed for a crash than they are at this moment, and so many of the exact same patterns that we witnessed just prior to the last recession are happening again right now.

    Over the past few months, my wife and I have felt a sense of urgency unlike anything that we have ever felt before. You may have noticed a difference in our tone and in the types of stories that we have been sharing. Everything that we have been doing has been leading up to this. The time of “the perfect storm” is here, and most Americans won’t understand what is happening.

    The storm clouds are looming and disaster could strike at any time. This is one of the most critical times in the history of our nation, and most Americans are completely unprepared for what is going to happen next.




    https://www.zerohedge.com/markets/go...-chaos-october
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

  7. #410
    Join Date
    Sep 2002
    Posts
    26,908
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    That will never fly.

    Let's start with: no welfare unless the father lives in the same house with his woman and offspring.

    The primary failure is in division-of-family. That is what has to stop.

    PHM
    -------


    Quote Originally Posted by royc View Post
    Stop making welfare so inviting, why would some want to work when they don't have to.

    When a woman goes on welfare, ask her who's the father, he needs to provide. And next time she gets pregnant again, she better get the money from the one who got her pregnant, cause it wasn't us, the taxpayer.

    Its not our problem, its her and his problem, and make it so.

    We got plenty of workers, make it so.

    Roy
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

  8. #411
    Join Date
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    Hey! Where da recession at ?

    A few days ago I heard a famous economist on CNBC say: "Someday there will be a recession.”

    Wow! Really? Well; someday we will all be dead too.

    See? I can predict on par with actual economists. <g>

    (sentiment). "EVERYBODY HATES THIS MARKET - WHY SHOULD I OWN STOCKS"....sez a guy in Noo-Yok-Cedee. And he’s right too - not very many bulls out there right now in public. Just a Ton of Noivus people.

    Which to me is a pretty good “set-up” doncha think? <g>

    . . . . . nobody is Euphoric (well; except the Bond Market bulls <g>) . . . . but, not so with “stocks”. But look - see the average Joe/Jane Consumer? They are actually feeling better and spending some money. Adjusting to reality as we all do. Jobs are everywhere - in the interior/non-coastal areas, the areas Totally Ignored by the media are doing well and I can give you a whole list of places that are doing well, or even More: Reno-Tahoe, Grants Pass, Boise, Oklahoma City, Austin, Mobile, Wichita, Rogers AR - all very good economies.

    We all know how the “Coastal Vote" will go - and if the Economy continues to be strong - we know how the Interior areas will vote too, huh? I am not trying to sell you anything - I’m just calling them how I see them. I said Trump had an excellent chance to win a year before he did - but nobody believed me. But it’s because politics is about "Feel” - not about Polls. (Hmmm . . . . kind of like Stocks. <g>). And the pollsters have learned nothing, because their ego/ personal-opinion/hubris overrides their ability to touch Reality. They all live in a bubble. The Pollsters domain is on the Coasts - they don't know a single SOUL who voted for TRUMP. <g>

    The fact is; the Media we usually see, for the most part, only covers the Coastal Areas - NY media has no idea what is going on in Poughkeepsie, much less in Tulsa. Ditto for LA/SF. And btw: many Big Cities are facing Big Problems: pension costs, onerous cost of living, retarted regulations stunting business and building growth, large numbers of retirees who can stay where they are and Keep Working - or move to someplace smaller (Southern Di-Recshun <g>) where the living is Cheaper. Big Cities - where taxes are high, where the rule-makers live, where the professional whiners are thriving, where there is no parking . . . . . (they got rid of straws in SF, but let people shet on the Sidewalk or Street with no repercussions and you all call that Progressive??? Now that there is some Funny Stuff! <g>

    Where there is plenty of 'space' for you in Rehab - if you can afford it . . . . and that's where Media lives. Things for most Americans these days are much more “settled” than media would have you believe. Sure; there is 'turmoil' at CNN HQ, But . . . . not so much in the Rest Of Atlanta - which by the way is probably the Boomingest Big City East Of The Mississippi River - absolutely Booming = Atlanta GA. When is the last time CNN did a story about the Tremendous Growth / Business Boom going on right at their doorstep? <g>

    Oh course: The Media Has A Stake In This deception - let’s be frank: President Trump Makes Their Blood Boil (and sometimes even Explode <g>) - they Want to see a bad economy: (sex hijinks, Rooskies, Taxes, Hair-do, Racism charges, etc.) have not worked - they will Shirley want Trump to lose. So any outlook between here and the election about the Economy will be “Skewed Their Way”. <g>

    But . . . . they cannot cover up the fact that the American Economy is doing very well, and Wishing a Recession . . . . is just a Wish - Not A Reality.

    Trump, China, AOC, Crime, Weather, AOC, Budget Deficit, Twitter Wars, AOC, Big City Problems, Climate - despite all this crap - The Market holds up Like A Champ. And . . . . it's now moving back toward the highs - it’s pretty amazing. <g>

    But anyhow; when the market suddenly 600 points and went down a bit, I figured; ok, we are going to have a bit of a correction - let me look for some bargains. But in watching the action since then, I am not so sure about anything ( well; except that President Trump will twitter today, Elizabeth Warren will scold somebody, Joe Biden will . . . be Joe Biden, Mrs. Clinton will whine about something, and not much will get done in D.C.)

    But I do know this: so far the Bull Market is still in fine fittle, especially when the news is “When Will It Be Over?” “Recession” and blah, blah, blah. I am always positive that the economy is doing fine when media goes to extravagant levels to tell us that Things Ain’t So Good! When I universally hear: Things Ain’t So Good! - that is terrific; I love that.

    On Wall Street there is an old maxim: “Once a Trend starts it often goes further, and lasts longer than anyone expects”. That is at least 40 years old and it’s still right today. In the meantime I will say this again:

    Despite the incessant, unending shouts about Recession - I just don't see it. I believe the American Economy (bolstered by a FED that is looser than Keith Richards) . . . . is doing Very Well. There is Plenty of money looking to get into the American Markets - we still are The Place To Be when it comes to protecting your dough - despite what Bernie (three houses) Sanders says. <g>

    PHM
    -------



    Quote Originally Posted by DavidDeBord View Post
    We/America,..... As Dorthy said in the Wizard of Oz,"We aren't in Kansas anymore!"
    ------------------------


    Goldman Sachs Has Just Issued An Ominous Warning About Stock Market Chaos In October
    by Tyler Durden
    Sat, 09/21/2019 - 10:45



    Authored by Michael Snyder via The Economic Collapse blog,

    Are we about to see U.S. financial markets go crazy? That is what Goldman Sachs seems to think, and it certainly wouldn’t be the first time that great financial chaos has been unleashed during the month of October. When the stock market crashed in October 1929, it started the worst economic depression that we have ever witnessed. In October 1987, the largest single day percentage decline in U.S. stock market history rocked the entire planet. And the nightmarish events of October 2008 set the stage for a “Great Recession” that we still haven’t fully recovered from. So could it be possible that something similar may happen in October 2019?

    According to CNBC, Goldman Sachs is warning that the stock market could soon “go crazy again”…

    For investors taking a breather from the chaos in August, buckle up as the market is about to go crazy again, Goldman Sachs warned.

    Wall Street is now inches away from reclaiming its record highs, but a rockier ride could be around the corner as stock volatility has been 25% higher in October on average since 1928, according to Goldman. Big price swings have been seen in each major stock benchmark and sector in October over the past 30 years, with technology and health care being the most volatile groups, Goldman said.

    Goldman derivatives strategist John Marshall is the man behind this new warning, and he believes that there are some fundamental reasons why the month of October is often so volatile…

    “We believe high October volatility is more than just a coincidence,” John Marshall, equity derivatives strategist at Goldman, said in a note Friday. “We believe it is a critical period for many investors and companies that manage performance to calendar year-end.”

    And even though October hasn’t arrived yet, we are already starting to see some things that we haven’t witnessed since the last financial crisis.

    For example, the Federal Reserve had not intervened in the repo market since 2008, but this week the liquidity crunch was so bad that the Fed felt forced to conduct emergency overnight repurchase agreement operations on Tuesday, Wednesday, Thursday and Friday.

    And then on Friday the Fed announced that it will continue to conduct emergency interventions “on a daily basis for the next three weeks”…


    The New York Federal Reserve Bank said Friday it will inject billions into the US financial plumbing on a daily basis for the next three weeks in an effort to prevent a spike in short-term interest rates.

    The Fed will offer up to $75 billion a day in repurchase agreements — exchanging secure assets for cash for very short periods — through October 10, it said in a statement.

    In addition, it will offer three 14-day “repo” operations of at least $30 billion each.

    In essence, the “plumbing” of our financial system has gotten all jammed up, and calling out Roto-Rooter is simply not going to get the job done.

    Of course Fed officials are trying to assure us that this is no big deal and that they have everything under control.

    But if all this is no big deal, why haven’t they had to conduct such emergency interventions for the last 11 years?

    And this comes at a time when the deterioration of the U.S. economy appears to be accelerating. In fact, on Friday St. Louis Fed President James Bullard publicly admitted that the U.S. manufacturing industry appears to already be in a recession…

    The US manufacturing sector “already appears in recession” and overall economic growth is expected to slow “in the near horizon,” St. Louis Federal Reserve Bank president James Bullard said on Friday, explaining why he dissented at a recent Fed meeting and wanted a deeper, half-percentage-point rate cut.

    That is a stunning admission, because normally Fed officials try very hard to maintain the narrative that everything is wonderful because they are doing such a great job of manipulating the economy.

    The American people as a whole are becoming increasingly pessimistic about the economy as well, and Gallup just released some very alarming numbers…

    Americans’ confidence in the economy has become less rosy this month as Gallup’s Economic Confidence Index fell to +17 from August’s +24 reading, marking the lowest level since the government shutdown ended in January.

    At the same time, the public is evenly divided over the likelihood of a recession in the next year. The current expectation of a recession is nine points higher than it was in October 2007, just two months before the Great Recession began but slightly below a February 2001 reading, one month before that eight-month-long recession.

    Every economic indicator that we have is telling us that big trouble is heading our way, but most Americans are partying instead of preparing.

    U.S. financial markets have never been more primed for a crash than they are at this moment, and so many of the exact same patterns that we witnessed just prior to the last recession are happening again right now.

    Over the past few months, my wife and I have felt a sense of urgency unlike anything that we have ever felt before. You may have noticed a difference in our tone and in the types of stories that we have been sharing. Everything that we have been doing has been leading up to this. The time of “the perfect storm” is here, and most Americans won’t understand what is happening.

    The storm clouds are looming and disaster could strike at any time. This is one of the most critical times in the history of our nation, and most Americans are completely unprepared for what is going to happen next.




    https://www.zerohedge.com/markets/go...-chaos-october
    PHM
    --------
    The conventional view serves to protect us from the painful job of thinking.

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