What, no pollyanish comment yet from the Reagan-like muckdog on how terrific things really are in Dubyaland? I'm shocked!
Posted by Bragan at June 16, 2004 09:17 AMIf you read the link it also says a majority of the rise is due to gas & oil prices.
Sounds like your franticly scanning the web for any bad news Steve. True?
Remember my post about weekly updates on unemployment? I think you are going to have to do a day by day play of who was fired just so you have something bad to report.
All the right wing talk radio and media--pulled off the wire and read-- news is about how wonderful the economy is doing!
Also,as a non-partisan I see a Real Estate Monopoly, lying appraisers for bucks, a lying financial paper economy, govt. debt and govt. employees benefits stacked up to the statoshpere, massive problems due to massive immigration, way too foreign work visas, and outsourcing. But, are all you liberals out there aware that your ex-Dem politico aides of Clinton, etc.were put in charge of and made sure that you as the govt. are all insuring and going to pay for any real estate fiasco just like you're all still paying for the S&L fiasco?
Posted by Alex at June 16, 2004 11:16 AM1) Are you the real Alex?, and
2) Please support this claim, or at least explain it:
"But, are all you liberals out there aware that your ex-Dem politico aides of Clinton, etc.were put in charge of and made sure that you as the govt. are all insuring and going to pay for any real estate fiasco just like you're all still paying for the S&L fiasco?"
The Fed's Beige Book.
Excerpt from CBS Marketwatch.
Hiring increased "at a faster pace" in most regions and wages were growing slowly, the Beige Book report on the current economic outlook indicated.
Posted by muckdog at June 16, 2004 03:10 PMtemp jobs are still temp jobs, and lower paying jobs are still lower paying jobs, Muck.
Posted by Steve Soto at June 16, 2004 04:04 PMAladdin Sane, I just commented again to reply, but don't see it yet. I will try to comment tomorrow if it went into the ether.
Posted by Alex at June 16, 2004 09:14 PMAladdin Sane --
Apparently my comments went into the ether yesterday.
What really angers me is that ultra high real estate is not real worth. All that big money should have been spent on maintaining technological prowess, manufacturing, and research development. It bothers me a great dealt. The country is going down the tubes re technology dev. deficits, trade deficits, govt. debt, military spending, etc.
1. Taxpayer suckers are still paying the hundreds of billions skimmed off by those in the S&L fiasco, which made many in real estate, appraisals, morgage banking, and those having business with S&Ls much wealthier.
2. Fannie Mae and Freddie Mac, and the offshoots are underwritten/guaranteed by your tax dollars.
They began repackaging and selling off the funny paper in 1989. Those in the games had little to lose. Appraisals a farce. Ex-- Dem staffers hand prints and bodies are all over the exec. offices there. The Republicans multiplied this fiasco once again with their idiotic views of dereg and no regulation.
Because of the all the lobbying dollars put forth by those having their hands in all these Real Estate Monopoly Board games, there are far too little regulations of any form.
Not to long ago, they even upped the loan sizes to super size to fit the ultra high housing pricing.
Another deck of cards ready to fall, in my view and some others.
Posted by Alex at June 17, 2004 02:37 PM