Comments on: Consumer Sentiment Up Unexpectedly http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected Mon, 13 Feb 2012 03:34:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: proreason http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159685 proreason Fri, 28 Aug 2009 14:26:20 +0000 http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159685 hmmm. Some may recall proreason's rants about 20% unemployment. Well read this: http://news.yahoo.com/s/usnews/20090827/ts_usnews/isunemploymenttheworstsincethegreatdepression "...John Williams, an economist who examines government statistics at shadowstats.com....says that when he takes into consideration people who haven't looked for work in more than a year because they can't find jobs, the real unemployment rate today goes all the way up to 20.6 percent by his calculations. "It won't take much to get it to the worst since the Great Depression," he says." And who thinks there will be a quick turnaround. Just the other day, the OMB (Obamy's economy propaganda division) confessed that 2.3 million more people will lose jobs in 2010 (which presumably doesn't include the last 5 months of 2009. So, I have to apologize for understating the problem. Even faced with the fascist coup, it's my nature to be a sunny optimist. (Joking aside, a major part of my job for decades has been to estimate efforts, and I know from a long history that my estimates are agressive on the optimistic side by about 20%. I never minded it because estimating aggressively has a business benefit, since it incentives people to work hard.) And while we are on the topic, I should remind the reader of my other fatalistic prediction...."if ObamaScare passes, millions of Americans will die because of it." Since I haven't yet said "tens of millions", that one is probably optimistic as well. hmmm. Some may recall proreason’s rants about 20% unemployment. Well read this:

http://news.yahoo.com/s/usnews.....depression

“…John Williams, an economist who examines government statistics at shadowstats.com….says that when he takes into consideration people who haven’t looked for work in more than a year because they can’t find jobs, the real unemployment rate today goes all the way up to 20.6 percent by his calculations. “It won’t take much to get it to the worst since the Great Depression,” he says.”

And who thinks there will be a quick turnaround. Just the other day, the OMB (Obamy’s economy propaganda division) confessed that 2.3 million more people will lose jobs in 2010 (which presumably doesn’t include the last 5 months of 2009.

So, I have to apologize for understating the problem. Even faced with the fascist coup, it’s my nature to be a sunny optimist. (Joking aside, a major part of my job for decades has been to estimate efforts, and I know from a long history that my estimates are agressive on the optimistic side by about 20%. I never minded it because estimating aggressively has a business benefit, since it incentives people to work hard.)

And while we are on the topic, I should remind the reader of my other fatalistic prediction….”if ObamaScare passes, millions of Americans will die because of it.” Since I haven’t yet said “tens of millions”, that one is probably optimistic as well.

]]> By: Chuckk http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159443 Chuckk Wed, 26 Aug 2009 08:40:51 +0000 http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159443 Who are these "experts?" And why are they always surprised whenever a statistic is released. I suspect the "experts" are really a a bunch of monkeys with a dart board. Who are these “experts?” And why are they always surprised whenever a statistic is released. I suspect the “experts” are really a a bunch of monkeys with a dart board.

]]> By: MinnesotaRush http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159379 MinnesotaRush Tue, 25 Aug 2009 22:47:35 +0000 http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159379 Boy! Just makes me want to run out and spend like a madman, 'ay. Get some cash for my clunker and fridge .. woo hoo!!!! (yawn) Boy! Just makes me want to run out and spend like a madman, ‘ay.

Get some cash for my clunker and fridge .. woo hoo!!!!

(yawn)

]]> By: proreason http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159363 proreason Tue, 25 Aug 2009 20:12:36 +0000 http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159363 The Stock Market has rallied and is helping consumer confidence. The rally is at least partly due to the massive layoffs...i.e., lower costs help profits. In addition, there is the expectation that recessions have always come to an end, and then all the money that has been taken from us and handed to the corrupt bankers. Wait till the market fully digests the Moron's agenda. Remember, Wall Street was sucked in by the Con Man along with everyone else. If the Fascist is indeed successful in changing the economy, all past rules are out the window. I don't believe a word he says, but is there a single thing he has DONE that is pro-competition? I'm not counting the payola to his criminal co-conspirators in the Unions and Goldman Sachs. There were numerous sucker rallies during the Great Depression. Hope springs eternal in the investor's heart. If the Market does continue to rise, then we will know that investors have concluded that the Moron's agenda will fail, and that capitalism will rise again. It's all too dangerous for my taste until the criminal cabal is in jail or cowering in disgrace. The Stock Market has rallied and is helping consumer confidence. The rally is at least partly due to the massive layoffs…i.e., lower costs help profits. In addition, there is the expectation that recessions have always come to an end, and then all the money that has been taken from us and handed to the corrupt bankers.

Wait till the market fully digests the Moron’s agenda. Remember, Wall Street was sucked in by the Con Man along with everyone else. If the Fascist is indeed successful in changing the economy, all past rules are out the window. I don’t believe a word he says, but is there a single thing he has DONE that is pro-competition? I’m not counting the payola to his criminal co-conspirators in the Unions and Goldman Sachs.

There were numerous sucker rallies during the Great Depression. Hope springs eternal in the investor’s heart.

If the Market does continue to rise, then we will know that investors have concluded that the Moron’s agenda will fail, and that capitalism will rise again.

It’s all too dangerous for my taste until the criminal cabal is in jail or cowering in disgrace.

]]> By: Liberals Demise http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159355 Liberals Demise Tue, 25 Aug 2009 18:35:57 +0000 http://sweetness-light.com/archive/consumer-sentiment-up-more-than-expected#comment-159355 I'm not from Missouri but "SHOW ME!!!!" Call me a cynic! I’m not from Missouri but “SHOW ME!!!!”

Call me a cynic!

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