We Have Never Been Stable

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schuylaar

Well-Known Member
Look at what NPR is printing at the end of their article:

This is a developing story. Some things that get reported by the media will later turn out to be wrong. We will focus on reports from police officials and other authorities, credible news outlets and reporters who are at the scene. We will update as the situation develops

Thanks, Donald!
 
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schuylaar

Well-Known Member
Full-melt has commenced early..

fdd2blk said:
Well that proves it. You're as fucking brilliant as Buck.
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fdd2blk said:
How's your lawsuit going? Did you settle yet? Why won't you talk about it?

You're batshit crazy.
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fdd2blk said:
So you were just kidding when you went on a meth fueled tirade about suing Walmart?
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fdd2blk said:
How's your lawsuit going? Are you not allowed to talk about it? Why are you so reluctant to tell us about it? Do you feel stupid?
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fdd2blk

Well-Known Member
schuylaar said:
Full-melt has commenced early..
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So instead of sharing what happened with your lawsuit you'd rather turn to the ways of Buck and shitpost instead.

You made such a huge deal about it in the beginning. Would it kill you to just say "nothing came about it"? Is your ego really that fragile?
 
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schuylaar

Well-Known Member
fdd2blk said:
So instead of sharing what happened with your lawsuit you'd rather turn to the ways of Buck and shitpost instead.

You made such a huge deal about it in the beginning. Would it kill you to just say "nothing came about it"? Is your ego really that fragile?
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If I don't tell you are you going to have the Feds raid me?
 
Fogdog

Fogdog

Well-Known Member
ttystikk said:
http://www.nakedcapitalism.com/2017/03/mechanical-turn-economics-consequences.html

Interesting article about the limits and biases of what passes for the modern day 'science' of economics. It is completely inhuman, and thus completely inhumane.
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Yep interesting article. The term "market forces" and the naive use of statistics dresses up economics as science. But economies and markets are human creations. Markets are driven by human behavior, not some natural force.

In a PBS documentary about the market crash in 1929 one really key point was made regarding the perception that the depression started with the market crash. In fact, most of the country, the rural majority of the nation had been mired in hard times for almost a decade and there was no capacity to sustain the shock to the market crash. People naturally stopped spending which made the markets fall even more and created a huge number of unemployed. It all started when well off people in cities ignored what was going on in rural districts.

There are plenty of similarities to then and now. Including debt problems in Europe. Oh and on top of the wise words from Mike Norman in @heckler73 's video, lets not forget Trump's deregulation plans for big banks. Maybe we should start calling them big bangs. The US had Hoover in '29 and we have Trump's GOP saying very similar things to Hoover's GOP too.
 
visajoe1

visajoe1

Well-Known Member
schuylaar said:
Look at what NPR is printing at the end of their article:

This is a developing story. Some things that get reported by the media will later turn out to be wrong. We will focus on reports from police officials and other authorities, credible news outlets and reporters who are at the scene. We will update as the situation develops

Thanks, Donald!
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sounds pretty transparent. to quote obama
 
S

schuylaar

Well-Known Member
Fogdog said:
Yep interesting article. The term "market forces" and the naive use of statistics dresses up economics as science. But economies and markets are human creations. Markets are driven by human behavior, not some natural force.

In a PBS documentary about the market crash in 1929 one really key point was made regarding the perception that the depression started with the market crash. In fact, most of the country, the rural majority of the nation had been mired in hard times for almost a decade and there was no capacity to sustain the shock to the market crash. People naturally stopped spending which made the markets fall even more and created a huge number of unemployed. It all started when well off people in cities ignored what was going on in rural districts.

There are plenty of similarities to then and now. Including debt problems in Europe. Oh and on top of the wise words from Mike Norman in @heckler73 's video, lets not forget Trump's deregulation plans for big banks. Maybe we should start calling them big bangs. The US had Hoover in '29 and we have Trump's GOP saying very similar things to Hoover's GOP too.
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The first thing that happens is consumer spending ceases..but which consumers?

Once again, I'm seeing the pattern..those industries/verticals/brands that should not be cutting back beginning of budget season, are..this translates to me making less commission and therefore I spend less. The two bedroom apartment I was considering renting now went back to one bedroom. Those are the luxuries now..the medications that have large co-pay I wanted to pick up today? will have to wait until next pay..
 
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visajoe1

visajoe1

Well-Known Member
Fogdog said:
Yep, borrowing billions to build a wall and starting a trade war with Mexico also makes absolutely zero sense. The money for that wall would be better spent on this nations infrastructure. Which would make it easier for goods and services to be delivered both to and from Mexico.
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agree on infrastructure needs. states manage most infrastructure, but feds do contribute some funds. taxpayers pay billions of dollars in infrastructure taxes. in my state, we pay about .35/gal of fuel, plus additional measures passed over the years that add percentages to sales taxes. the problem is the funds get rerouted to other things. a current example for me is this stupid train gov brown wants to build in CA. they want to take over $650M collected for road improvements to use for their train instead. thats not how they got that money!! the money is there, but politicians want to spend it elsewhere.

just like we pay for things with a tax, mexico will pay for the wall...via tax. trade war? unlikely. mexico needs us more than the we need them, so they'll come around because they will have to.

you/we here in the US, are on the winning team. the rest of the world is doing the same as us; getting theirs the best they can.
 
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