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Last post 8 years ago by frankj1. 41 replies replies.
Is anyone going to watch the sate of the union address?
Speyside Offline
#1 Posted:
Joined: 03-16-2015
Posts: 13,106
Yawn, not me.
Abrignac Offline
#2 Posted:
Joined: 02-24-2012
Posts: 17,358
He's supposed to be in town today or tomorrow. I'll be working so for the most part I won't have to deal with it. I do work near the the airport. I hope he flies out before my shift is over.
gummy jones Offline
#3 Posted:
Joined: 07-06-2015
Posts: 7,969
i always have
but i think ill skip the lies on how good the economy is this time
cacman Offline
#4 Posted:
Joined: 07-03-2010
Posts: 12,216
Watching that would cause dry-heaves.
Instead I'll watch Penguins hockey while consuming large amounts of beer and puke the old-fashioned middle-class way!
Beer
tonygraz Offline
#5 Posted:
Joined: 08-11-2008
Posts: 20,318
It generally tends to be boring, so I doubt if I will watch it. If anything exciting happens it will be on the news.
frankj1 Offline
#6 Posted:
Joined: 02-08-2007
Posts: 44,252
gummy jones wrote:
i always have
but i think ill skip the lies on how good the economy is this time

where do you live???
Mattie B Offline
#7 Posted:
Joined: 12-12-2005
Posts: 6,350
I normally would, but.....

My prediction is this will be nothing more than a rally for the democrats.


PASS
Brewha Offline
#8 Posted:
Joined: 01-25-2010
Posts: 12,202
I heard he is going to invoke martial law so they could start collecting up all of our guns. Ammo too.
Then he is moving the Capitol to Kenya.
And he is going to ban Big Gulps.
gummy jones Offline
#9 Posted:
Joined: 07-06-2015
Posts: 7,969
frankj1 wrote:
where do you live???


Where everyone lost their job because they work in coal mines and oil fields
frankj1 Offline
#10 Posted:
Joined: 02-08-2007
Posts: 44,252
gummy jones wrote:
Where everyone lost their job because they work in coal mines and oil fields

I won't make a joke, believe me.

I know you are bright and certainly you must understand the positive economic ride much of the country has been on.

If he does claim there has been recovery, he would not be incorrect. The reasons will always be debated no matter who is in office when things turn around, but he would not be wrong.

I probably won't watch either.
gummy jones Offline
#11 Posted:
Joined: 07-06-2015
Posts: 7,969
frankj1 wrote:
I won't make a joke, believe me.

I know you are bright and certainly you must understand the positive economic ride much of the country has been on.

If he does claim there has been recovery, he would not be incorrect. The reasons will always be debated no matter who is in office when things turn around, but he would not be wrong.

I probably won't watch either.


Well a market pumped up by incredible margin debt and labor participation rates that are the lowest they have been in 40 years resulting in fake unemployment rates have me kind of bummed by the overall economic picture.

The lower middle class and working poor are getting crushed.
frankj1 Offline
#12 Posted:
Joined: 02-08-2007
Posts: 44,252
come to Boston.
gummy jones Offline
#13 Posted:
Joined: 07-06-2015
Posts: 7,969
One need only look at our continued shrinking of manufacture, stagnant wages (actually tracing back to the bush presidency), metals in the toilet and the china data to realize the us and world economies are not as strong as being reported in the cooked numbers the media purports.

http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX

If only the whole country were boston...

But if the invitation is open...
https://m.youtube.com/watch?v=9P9sRi27Z-8
victor809 Offline
#14 Posted:
Joined: 10-14-2011
Posts: 23,866
I think it would be a mistake to say the economy is doing poorly. Obviously different sectors are performing differently, but anecdotally I can see from my sector that it is difficult to hire people. A manager I was talking with at a company I was looking at had to raise a job level twice (without changing responsibility) just to raise the pay to about 120k just to get people to even look at applying. That's for a pretty low level job....
gummy jones Offline
#15 Posted:
Joined: 07-06-2015
Posts: 7,969
victor809 wrote:
I think it would be a mistake to say the economy is doing poorly. Obviously different sectors are performing differently, but anecdotally I can see from my sector that it is difficult to hire people. A manager I was talking with at a company I was looking at had to raise a job level twice (without changing responsibility) just to raise the pay to about 120k just to get people to even look at applying. That's for a pretty low level job....


I guess I am saying it is closer to poor than it is to great. We are in a recovery, albeit extremely slow.
tonygraz Offline
#16 Posted:
Joined: 08-11-2008
Posts: 20,318
Oil and coal just might be the worst segments out there. Oil may rebound a bit but coal is doomed.
gummy jones Offline
#17 Posted:
Joined: 07-06-2015
Posts: 7,969
tonygraz wrote:
Oil and coal just might be the worst segments out there. Oil may rebound a bit but coal is doomed.


oil will absolutely rebound
but it may be two years or so

cacman Offline
#18 Posted:
Joined: 07-03-2010
Posts: 12,216
gummy jones wrote:
oil will absolutely rebound
but it may be two years or so


Many analysts are saying to sell your stocks, bonds, mutual funds, etc. now for whatever profits you can get.
A bigger crash is coming, and oil is going to further plummet. Look how much the market has dropped in just the past 4-6 weeks.
DrafterX Offline
#19 Posted:
Joined: 10-18-2005
Posts: 98,583
Thanks Obama..!! Mad
gummy jones Offline
#20 Posted:
Joined: 07-06-2015
Posts: 7,969
cacman wrote:
Many analysts are saying to sell your stocks, bonds, mutual funds, etc. now for whatever profits you can get.
A bigger crash is coming, and oil is going to further plummet. Look how much the market has dropped in just the past 4-6 weeks.


all signs point to a significant correction in the future (maybe when the fed, as they should, raises interest rates again?) and we have had the worst start to a year the market has ever seen (just heard that yesterday and thought it was funny that thats even a stat)
tonygraz Offline
#21 Posted:
Joined: 08-11-2008
Posts: 20,318
I saw the last significant correction or crash coming and bailed. I don't see this one getting much worse, but it has my attention. I'm thinking low oil is good for most of the economy and if China stops growing and subsidizing some production, that might also work out well in the long run.
What worries me is what Wall Street insiders may be up to that could hurt the economy.
DrafterX Offline
#22 Posted:
Joined: 10-18-2005
Posts: 98,583
tonygraz wrote:
I'm thinking low oil is good for most of the economy and if China stops growing and subsidizing some production, that might also work out well in the long run.



Yep, everyone who raised their prices due to high fuel costs will now lower their prices right..?? Huh
DrafterX Offline
#23 Posted:
Joined: 10-18-2005
Posts: 98,583
Why isn't Oil too big to fail..?? Think
cacman Offline
#24 Posted:
Joined: 07-03-2010
Posts: 12,216
DrafterX wrote:
Why isn't Oil too big to fail..?? Think

Because they already receive billions in taxpayer subsidies, and you can't bail out a bail-out.
DrafterX Offline
#25 Posted:
Joined: 10-18-2005
Posts: 98,583
Ethanol isn't oil.. Not talking
cacman Offline
#26 Posted:
Joined: 07-03-2010
Posts: 12,216
But big Oil controls Ethanol production/distribution.
DrafterX Offline
#27 Posted:
Joined: 10-18-2005
Posts: 98,583
Only because the gubment makes them... people I know in the oil bidness would love to see ethanol go away... Mellow
DrMaddVibe Offline
#28 Posted:
Joined: 10-21-2000
Posts: 55,554
Did the Kenyan King tell them all to **** off?

No?

Just watch...he will!
teedubbya Offline
#29 Posted:
Joined: 08-14-2003
Posts: 95,637
typewriter companies should have been propped up too....they shouldn't have had to morph and transition or die.... change is bad and no company should ever become obsolete.
teddyballgame Offline
#30 Posted:
Joined: 09-16-2015
Posts: 592
tell that to all the "buggy whip" stocks my grandpappy owned and willed to his heirs.
tonygraz Offline
#31 Posted:
Joined: 08-11-2008
Posts: 20,318
DrafterX wrote:
Only because the gubment makes them... people I know in the oil bidness would love to see ethanol go away... Mellow


Most people who run a small engine would like to see ethanol go away.
tonygraz Offline
#32 Posted:
Joined: 08-11-2008
Posts: 20,318
teddyballgame wrote:
tell that to all the "buggy whip" stocks my grandpappy owned and willed to his heirs.


Maybe there is a stupidity gene running in your family.
teddyballgame Offline
#33 Posted:
Joined: 09-16-2015
Posts: 592
still with the turrets?

Give it a rest.
tonygraz Offline
#34 Posted:
Joined: 08-11-2008
Posts: 20,318
I think you knew about it too.
ZRX1200 Offline
#35 Posted:
Joined: 07-08-2007
Posts: 60,661
Carl, the Scottish bank issued their recent report and said sell everything.
sangrientopouertorican Offline
#36 Posted:
Joined: 08-22-2012
Posts: 124
I just touched myself. Twice.
teedubbya Offline
#37 Posted:
Joined: 08-14-2003
Posts: 95,637
Me too!
mikey1597 Offline
#38 Posted:
Joined: 05-18-2007
Posts: 14,162
sangrientopouertorican wrote:
I just touched myself. Twice.





teedubbya wrote:
Me too!




TW, why you touch him??
teedubbya Offline
#39 Posted:
Joined: 08-14-2003
Posts: 95,637
Because we aren't camping. Duh
gummy jones Offline
#40 Posted:
Joined: 07-06-2015
Posts: 7,969
brokeback state of the union?
frankj1 Offline
#41 Posted:
Joined: 02-08-2007
Posts: 44,252
gummy jones wrote:
brokeback state of the union?

ok, I laffed.
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