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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (120687)	9/14/2012 10:53:22 AM
From: John Vosilla	Read Replies (2) \| Respond to of 149317

we are collapsing cuz of Reaganomics. He put us on the path to failure. Clinton was a speed bump, but he didn't get us off Reagan Road. Bush was just the final collapse, altho Obama is still pretty much following the same path cuz he is a Reagan Republican. I would agree with that. We just took capitalism way too far at the expense of everything else the past 35+ years reaching the wall finally by 2007.. We haven't even begun to reverse this latest Gilded Age as we seemed to do last time in the early stages of the 1930-80 time frame with unions on the upswing well into the 1960's . Do we also need a sustained stock market crash and much higher tax rates on the upper end to achieve this? Would that benefit society as a whole in this day and age?

To: Wharf Rat who wrote (120687)	9/14/2012 11:07:15 AM
From: ChinuSFO	Read Replies (2) \| Respond to of 149317

I thought new math says 1>99. I hope you were not using new math in the hospital particularly in lab analysis. This is what happens with a new math situation. A American Indian chief was "severely constipated" (sorry Mitt, I had to use that phrase). So one of his soldiers had to jog 5 miles from the reservation to the nearest pharmacy. Breathless on arrival at the pharmacy, he barely managed to utter to the pharmacist "Big Chief, no shit." Well the pharmacist gave him a laxative and told him to tell his chief to have "one tablet every 4 hours" He took the med, thanked the pharmacist and jogged back home. He reached his chief (and I presume he caught the new math fever along the way) He told his chief "Have 4 pills every hour." Guess what, he watched the magic of new math. A week later he returned to the pharmacy for some other med. The pharmacist enquired how his Chief was doing. With a sad face he "Big shit, no Chief" Oh the wonder of new math!!!!

To: Wharf Rat who wrote (120687)	9/14/2012 11:17:12 AM
From: RetiredNow	Respond to of 149317

Ha! Good points. Oh and btw, Industrial Production is plunging, but nevermind, the stock market is soaring on the back of QE's sugar high! This is laughable. So many people are going to get burned. I'm afraid to watch. -------------- Industrial Production Plunges Most Since March 2009 Submitted by Tyler Durden on 09/14/2012 09:27 -0400 In one more example of why we are going to need more-er and open-ended-er QE from the Fed, today's dismal data rolls on. Industrial Production dropped 1.2% MoM - its largest drop since March 2009 - and missed expectations by the most since December 2008. The market (expectedly) is unimpressed and stable - fully aware that the Fed's new infinite QE will simply be expanded to an infinte-er QE should things go from worse to worse-er. To add more salt to the wound, Capacity Utilization dropped to its lowest of the year and missed expectations by its most in 16 months. 15x P/E multiples here we come - all supported by moar hockey-stick growth trajectories, infinity +1 printing, and a status quo who needs moar commissions. So much for cleanest dirty shirt, eh? It seems 'they won't come' in our 'if we build it' economy - as factories go quiet from the over-exuberant mal-investment of channel-stuffers. Industrial Production plunges.... as does Capacity Utilization.... Charts: Bloomberg