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Thread: Is The Recession Here

  1. #26
    Master OptiBoarder OptiBoard Gold Supporter Judy Canty's Avatar
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    Really Dick? I think the wealthy are wearing our skins.

  2. #27
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    Blue Jumper Quality of Jobs Matters as Well as Quantity.................................

    On Monday, the Census Bureau released a sobering new report on poverty and income in the U.S. The grim news: there's been very little income growth since 1997, and in recent years the number of people without insurance and living in poverty has risen.
    While it's easy to pin much of the poor news on the high rate of unemployment, the reality is that the overwhelming majority of American adults in the workforce do have jobs — and are simply not getting ahead. A job today is less likely to come with good wages, and benefits like health insurance and pensions than it was in recent years. At a time when a great deal of attention is focused on how we can create more jobs, Paul Osterman, economist at Sloan School of Business at the Massachusetts Institute of Technology, says we should be worried about quality as well as quantity. "The quantity of jobs is important. But it's also important to care about how good those jobs are."

    continue: ------------------------------> http://finance.yahoo.com/blogs/danie...120533091.html

  3. #28
    Master OptiBoarder OptiBoard Gold Supporter DragonLensmanWV's Avatar
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    Health insurance is a big problem for employers anymore. The days of affordable insurance is gone. Heck, even for only decent coverage with a high deductible is $1600/mo for family coverage. And for the people who say resident Obama's health care reform is socialist, how in the world can that be when it's run through the Giganto Insurance Companies? That is pure capitalism! The biggest problem in that respect is they gave the insurance companies too much time to screw their customers before the regulations take effect. See TARP - same for banks.
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  4. #29
    Doh! braheem24's Avatar
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    Quote Originally Posted by rbaker View Post
    The only ones who have not noticed that things truly sucketh are the welfare loungeabouts, illegal aliens and stumblebum winos. For them all is well and the future is bright; they are going to skin the wealthy and divide up the spoils.
    The wealthy are taxed less then the last administration.

    Half the 800B stimulus was tax breaks, most of the new jobs Stimulus is tax breaks for millionaires but not billionaires.

    Volatility in the market is good for the wealthy, bad for the little guys.

    American Corporations are currently holding 1.8 Trillion in banks, not needed for cash flow. (That's $6000 a person in this country)

    Corporations in 2011 are averaging $15,000 profit per employee whereas 4 years ago were at $10,000 per employee and yet are still not hiring.

    2009 per employee profit: $10,045.56
    2010 per employee profit: $12.488.02 (+24%)
    2011 per employee profit: $15,278.72 (+22%)

    Maybe when they get to $20,000 per employee they'll hire more, Do your part and pay more in taxes to allow them to bestow their benevolence of job creation upon this poor country.

  5. #30
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    Anyone want to talk about the Solar Panel plant that got 500,000,000 in loan guarantees and just declaired bankruptsy? This just two months after de President visited the plant and said it was the future of the country? You might not think of this but this is about $ 1.50 to be paid by every man, woman, and child in the US. Or about $ 6.00 each for those who actually work for a living.

    We might also mention that this project was turned down by the Bush administration for being unsound, but given a big shove by the present administration?

    Chip

  6. #31
    Doh! braheem24's Avatar
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    $1.50 a person for securing solar.
    $5,000 a person for securing oil.

    Tough choices.

  7. #32
    Master OptiBoarder OptiBoard Gold Supporter DragonLensmanWV's Avatar
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    Quote Originally Posted by chip anderson View Post
    Anyone want to talk about the Solar Panel plant that got 500,000,000 in loan guarantees and just declaired bankruptsy? This just two months after de President visited the plant and said it was the future of the country? You might not think of this but this is about $ 1.50 to be paid by every man, woman, and child in the US. Or about $ 6.00 each for those who actually work for a living.

    We might also mention that this project was turned down by the Bush administration for being unsound, but given a big shove by the present administration?

    Chip

    Well, it obviously was a mistake. However, remember that even though the loan was not passed by President Bush, members of his team were all for it. And the company had many Republican backers too.
    http://swampland.time.com/2011/09/03...reen-tech-bet/

    Now, just to show us how unbiased you are, Chip, please tell us your take on Halliburton.
    DragonlensmanWV N.A.O.L.
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  8. #33
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    Quote Originally Posted by DragonLensmanWV View Post
    just to show us how unbiased you are, Chip, please tell us your take on Halliburton.
    So the logic here is because of past mistakes and corruption occuring the new leader gets a pass???????

    Great, I see no CHANGE here.

  9. #34
    Master OptiBoarder OptiBoard Gold Supporter DragonLensmanWV's Avatar
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    Quote Originally Posted by David_Garza View Post
    So the logic here is because of past mistakes and corruption occuring the new leader gets a pass???????

    Great, I see no CHANGE here.
    No, my point is that both sides do it (corruption) though the Repubs like to think they're above that and only liberals do it.
    DragonlensmanWV N.A.O.L.
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  10. #35
    One eye sees, the other feels OptiBoard Silver Supporter
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    Quote Originally Posted by rbaker View Post
    You probably have not noticed that taxes are going up.
    Everything I've read is that taxes are at a post ww2 low.

    The only ones who have not noticed that things truly sucketh are the welfare loungeabouts, illegal aliens and stumblebum winos. For them all is well and the future is bright; they are going to skin the wealthy and divide up the spoils.
    It sure would be less expensive to pay folks to work than not to work. Certainly a brighter future than living on the dole.
    Science is a way of trying not to fool yourself. - Richard P. Feynman

    Experience is the hardest teacher. She gives the test before the lesson.



  11. #36
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    Quote Originally Posted by DragonLensmanWV View Post
    No, my point is that both sides do it (corruption) though the Repubs like to think they're above that and only liberals do it.
    TRUE LEADERSHIP starts with the buck stops here.......Obama is the same old same old tired politician LIBERAL or CONSERVATIVE is of no consequence. So what if both sides do it? I thought OBAMA ran on a platform of CHANGE.....seems like the same tired failures.

  12. #37
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    Mr. Garza:

    Halliburton is the successor (same company as Brown and Root) whose principal stockholder was Ladybird Johnson. While she was in control, this was the only non-union drayage company in Texas and had exclusive contruction contracts for all air fields and roads and construction in Viet Nam. Some even say that's why the war lasted and was drug on so long until LBJ actually feared that violent revolution would take place in the US if he ran for another term.

    Answer enough?

    Chip

  13. #38
    Master OptiBoarder OptiBoard Gold Supporter DragonLensmanWV's Avatar
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    Glad to see I could count on you to ignore the over $2 billion in unbid contracts your guy, Cheney awarded to Halliburton.
    http://www.halliburtonwatch.org/abou...hronology.html

    How is that OK with you?

    Oh, wait! I found NOTHING that had Lady Bird having anything to do with Halliburton.

    Early history (as HOWCO)

    In 1919, Erle Halliburton started the New Method Oil Well Cementing Company.[14]

    In 1920, he brought a wild gas well under control, using cement, for W.G. Skelly, near Wilson, Oklahoma.[15] On March 1, 1921, the Halliburton “method and means of excluding water from oil wells” was assigned a patent from the U.S. Patent Office. Halliburton invented the revolutionary cement jet mixer, to eliminate hand-mixing of cement, and the measuring line, a tool used to guarantee cementing accuracy.[15] By 1922, the Halliburton Oil Well Cementing Company (HOWCO) was prospering from the Mexia, Texas oil boom, cementing its 500th well in late summer.[16]
    In 1924, the company was incorporated in Delaware, with 56 people on its payroll. The stock of the corporation was owned by Erle and Vida Halliburton and by seven major oil companies: Magnolia, Texas, Gulf, Humble, Sun, Pure and Atlantic.[17]
    In 1926, its first foreign venture began with sale of equipment to Burma and India.[18]
    Throughout the 1930s and 1940s, Halliburton continued cementing across America.[16][19] In 1938, Halliburton cemented its first offshore well using a truck on a barge off the Louisiana coast.[18] In 1940, Halliburton opened offices in Venezuela and introduced bulk handling of cementing to the industry.[17] In 1947, the Halliburton first marine cementing vessel went into service.[15]
    In 1951, Halliburton first appeared in Europe as Halliburton Italiana SpA, a wholly owned subsidiary in Italy. Over the next seven years, Halliburton launched Halliburton Company Germany GmbH, set up operations in Argentina and established a subsidiary in England. By 1951, HOWCO had service centers operating in Canada, Venezuela, Peru, Colombia, Saudi Arabia and Indonesia.[16] Halliburton revenues top $100 million for the first time in 1952.[16]
    Erle P. Halliburton died in Los Angeles in 1957. HOWCO is at this time worth $190 million with camps all over the world. The same year, HOWCO purchased Welex, which pioneered jet perforation.[16] Otis Engineering, an oil field service and equipment company specializing in manufacturing pressure control equipment for oil and gas producing wells, was acquired in 1959.[16]

    Guess I just can't believe anything you say.
    DragonlensmanWV N.A.O.L.
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  14. #39
    One eye sees, the other feels OptiBoard Silver Supporter
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    You had better Google Halliburton and LBJ. It was news to me too, although I can think of very few politicans who are not lying, thieving, immoral, <removed> (sorry- I've been watching Deadwood the last few weeks).
    Science is a way of trying not to fool yourself. - Richard P. Feynman

    Experience is the hardest teacher. She gives the test before the lesson.



  15. #40
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    Quote Originally Posted by Robert Martellaro View Post
    I can think of very few politicans who are not lying, thieving, immoral, <removed> (sorry- I've been watching Deadwood the last few weeks).
    Which is my point.......all politicians are liers and fat cat butt kissers including our current President who said he was a different kind of politician, not like the past 8 years or something like that......

  16. #41
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    Since post 29 the discussion has deviated to totally different subjects. Why not stick to subject ?

  17. #42
    Master OptiBoarder OptiBoard Gold Supporter DragonLensmanWV's Avatar
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    Quote Originally Posted by David_Garza View Post
    Which is my point.......all politicians are liers and fat cat butt kissers including our current President who said he was a different kind of politician, not like the past 8 years or something like that......
    So, I guess he IS as bad as the last one. And it's been confirmed that LBJ was as bad as Cheney, confirming my opinion that LBJ was my least favorite President. What is it with terrible Texan Presidents?
    DragonlensmanWV N.A.O.L.
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  18. #43
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    A recession is defined as negative economic growth over a 6 month period, so, techincally we have not been in a recession for some time. We have been in a flatcession for at least 36 months here in my office, 36 months of flat gross sales, prior to this we were experiencing +10% growth year to year.

    With respect to our current President, his administration and policies, the electorate missed the boat when he stated 5 days before election day 2008 that "we are 5 days away from FUNDAMENTALLY changing America". He should have been called-out and asked how he was going to fundamentally change the country. Elections have concequences, we need a more intelligent electorate.
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    I think this post has turned into a microcosm of whats wrong with this country......here we are fighting against each other......basically saying the same thing and getting nothing done..

  20. #45
    Pomposity! Spexvet's Avatar
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    Quote Originally Posted by rbaker View Post
    Unless you have been living under a rock or back in your old room at dear old Mom and Dads you may have noticed that the housing market and the stock market have indeed "gone to hell in a handbasket."
    The housing market has, indeed, imploded, thank you Mr. Bush. The stock market has recovered sustantially.

    Click image for larger version. 

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    Quote Originally Posted by rbaker View Post
    You probably have not noticed that taxes are going up
    Wrong.

    Even so, when Obama said that "if you're a … wealthy CEO or a … hedge fund manager in America right now, your taxes are … lower than they've been since the 1950s," he's close: Their tax rates are at or near the lows for the years elapsed since then.

    Quote Originally Posted by rbaker View Post
    and employment opportunities are going down.
    That's because the weathy business owners and corporate executives are waging class warfare. Keeping unemployment high keeps wages low, putting more profit in the pockets of greedy rich people. Corporate American has huge cash reserves, they need to hire middle class workers. In this political atmosphere where the tea party is causing public sector workers to lose their jobs, ONLY the private sector can reduce unemployment.

    Quote Originally Posted by rbaker View Post
    The only ones who have not noticed that things truly sucketh are the welfare loungeabouts, illegal aliens and stumblebum winos. For them all is well and the future is bright; they are going to skin the wealthy and divide up the spoils.
    The only ones who have not noticed that things truly sucketh are the wealthy. 'Taint welfare recipients buying jewelry.

    High-end jeweler Tiffany & Co. (TIF) continues to buck the market’s trend this morning after reporting better-than-expected quarterly earnings and raising its full-year outlook.
    Tiffany’s fiscal second-quarter earnings rose 33%
    ...Just ask me...

  21. #46
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    Thanks for that great liberal analysis Mr. Obama or Mrs. Pelosi!!!

  22. #47
    Pomposity! Spexvet's Avatar
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    Quote Originally Posted by David_Garza View Post
    Thanks for that great liberal analysis Mr. Obama or Mrs. Pelosi!!!
    Any time, Mr. Hannity or Mr. Coulter.
    ...Just ask me...

  23. #48
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    Here in Washington State sales are actually up significantly, especially in the Downtown Seattle area. Despite the gloom and doom in the media the economy is still growing steady, just very slowly. Some practices here are double what they were last year at this time. In Portland though people are up but not as much as Seattle.

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