Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (507105)	9/9/2012 1:53:28 AM
From: i-node	15 Recommendations Read Replies (1) \| Respond to of 793963

It's not just that it's not horrible. It's actually good. I don't care if 100,000,000 people don't see it. Who do you think Google's customers are? And eBay's? Who do you think Exxon Mobil's customers are? Who do you think Wells Fargo's customers are? And who do you think Berkshire Hathaway's customers (of ~70+ businesses) are? That's four of the stocks that hit new 52-week highs Friday. And so did Apple. But having 15% of the nation's population unemployed is not good. Ever. Obama has failed utterly in doing the things that might have any chance of getting the economy moving again. His big deal was the Keynesian stimulus, which anyone who knows anything about economics knows doesn't work, it has never worked, and never will. The fact that businesses are making money without employees is not a good sign. What it says, to paraphrase Steve Jobs, is "those jobs aren't coming back." If you want to get the economy moving again there are simple things that can be done that will make a difference. Reinstitute the investment tax credit. Expand the jobs tax credit. Go to the biggest outsourcers and ask what it would take to get them to move jobs back here, then make a deal and make it happen. There is a ton of stuff that could be done, but just standing back and throwing taxpayer's money at the problem isn't going to solve it. This president is incompetent to handle this crisis.

To: Sr K who wrote (507105)	9/9/2012 2:07:31 AM
From: LindyBill	9 Recommendations Read Replies (1) \| Respond to of 793963

Obama’s Economy, By the Numbers by John Hinderaker (John Hinderaker) I've had all the change I can stand! In the wake of yesterday’s jobs report, the Romney campaign sent out these statistics, which sum up the smoking ruins of the Obama administration in a nutshell: 23,136,000: The Number Of Americans Who Are Unemployed, Underemployed, Or Have Stopped Looking For Work. (Bureau Of Labor Statistics, Accessed 9/7/12) 12,544,000: The Number Of Unemployed Workers. (Bureau Of Labor Statistics, Accessed 9/7/12) 8,031,000: The Number Of Workers Working Part-Time For Economic Reasons. (Bureau Of Labor Statistics, Accessed 9/7/12) 5,033,000: The Number Of Workers Who Have Been Unemployed For 27 Weeks Or Longer. (Bureau Of Labor Statistics, Accessed 9/7/12) 1,043,000: Construction Jobs Lost Since President Obama Took Office. (Bureau Of Labor Statistics, Accessed 9/7/12) 582,000 Manufacturing Jobs Lost Since President Obama Took Office. (Bureau Of Labor Statistics, Accessed 9/7/12) 368,000: Workers That Dropped Out Of The Labor Force In August. (Bureau Of Labor Statistics, Accessed 9/7/12) 261,000: Jobs Lost Since President Obama Took Office. (Bureau Of Labor Statistics, Accessed 9/7/12) 41,000: Downward Revision Of Jobs Created Over The Last Two Months. (Bureau Of Labor Statistics, Accessed 9/7/12) 15,000: Manufacturing Jobs Lost In August. (Bureau Of Labor Statistics, Accessed 9/7/12) 1981: The Last Time The Labor Force Participation Rate Was At Its Current Level Of 63.5 Percent. (Bureau Of Labor Statistics, Accessed 9/7/12) 43: Consecutive Months The Unemployment Rate Has Remained Above Eight Percent. (Bureau Of Labor Statistics, Accessed 9/7/12) 39.2 Weeks: The Average Duration Of Unemployment – Nearly Double The 19.8 Weeks When President Obama Took Office. (Bureau Of Labor Statistics, Accessed 9/7/12) 14.7 Percent: The Real Unemployment Rate, Including Those That Are Working Part-Time Due To Economic Reasons. (Bureau Of Labor Statistics, Accessed 9/7/12) 11.2 Percent: The Unemployment Rate Had Labor Force Participation Remained Steady Since President Obama Took Office. (American Enterprise Institute, 9/7/12) 8.4 Percent: The Unemployment Rate Had Labor Force Participation Remained Steady From July. (American Enterprise Institute, 9/7/12) 8.1 Percent: The Unemployment Rate In August. (Bureau Of Labor Statistics, Accessed 9/7/12) 7.8 Percent: The Unemployment Rate When President Obama Took Office. (Bureau Of Labor Statistics, Accessed 9/7/12) 5.4 Percent: The Unemployment Rate President Obama’s Advisers Predicted If We Passed His $787 Billion Stimulus. (Christina Romer and Jared Bernstein, “The Job Impact Of The American Recovery And Reinvestment Plan,”1/9/09) Two questions: 1) Has there ever been a more comprehensive failure than Barack Obama? 2) Why would the Romney campaign ever run an ad that doesn’t include at least a couple of these figures? Image courtesy of Shutterstock. UPDATE: One more thing: The Obama Economy is so bad that it is easy to lose sight of the skyrocketing prices of fuel and groceries, which, along with declining incomes, have decimated the purchasing power of those fortunate enough to have jobs. In any normal economy, stories about food, fuel and declining incomes would be dominating the news.

To: Sr K who wrote (507105)	9/9/2012 5:16:58 AM
From: prometheus1976	8 Recommendations Read Replies (1) \| Respond to of 793963

No,you miss the point of the market rise completely...Stocks are up because interest rates are so low ..Bank CD's and Treasuries yield practically nothing so money is chasing some kind of yield... When rates do rise (if they do before the currency collapses,but that's another discussion) then stocks will take a major hit based on dividend yields,, Don't make the simplistic statement that a rising stock market means a sound economy ,and also don't discount the weighted nature of the indices and survivorship bias.. The best performing stock market in the world for several years was Zimbabwe,and this was while the country went into hyperinflation..see link below and note some parallels.... mises.org The Zimbabwe Stock Exchange (the ZSE) is the best performing stock exchange in the world, the key Zimbabwe Industrials Index up some 595% since the beginning of the year and 12,000% over twelve months. This jump in share prices is far in excess of increases in consumer prices. While the country is crumbling, the Zimbabwean share speculator is keeping up much better than the typical Zimbabwean on the street. ============================================================================== dailycapitalist.com "The first chart shows that historically, a 3% dividend yield on the ’500' was a “sell” signal. Perhaps we have entered a new era of low dividend yields. If so, is it reasonable to suppose that periodically, a rise to 3% yield becomes a buy signal, whereas periodically it was considered too low to take the risk of owning stocks? That concept appeals to at least my view of symmetry. If that view appeals to you, you may wish to compute how fast dividends need to rise if the averages stay unchanged to reach that 3% yield level, or else how far stocks need to fall to reach 3% if the fall occurs with an unchanged dividend payout."