LOL. Brave Stock Market Investers ran in mild panic over that Inflation report
Really funny. After months and months of positive reports and all time record high closes, one Inflation report came in a whole 0. 1 point "higher than expected" and stock market Nervous Nellie's ran for the hills. We'll, not as much as MSM tried to spin it. Actually, the broad market simply swung by a bit less than 1% in a day. Which is not uncommon in an environment of repeated All Time Record Hogh closes. And daily 1% swings up and down are not all that uncommon anytime.
[QUOTE=Elvis2008;2907553][URL]https://lefsetz.com/wordpress/2024/04/07/mass-that-is-not/[/URL]
This is another disconnect, Biden and the news keep telling us the economy is roaring, the stock market is soaring, but grocery bills are out of sight. Don't tell me it's not Biden's fault, don't tell me by almost all metrics the economy truly is good, what has that got to do with me? Once again, the people parading in power are disconnected from what is happening on the street.
And this guy Lefetz is a huge Democratic douche.
Now maybe we can have some douche here who lives in a far off land argue why this Democrat is wrong. LOL.
Maybe he is adding up his bill wrong. Maybe you should try substituting animal protein with insect protein and save the planet? The economy is fine Lefetz, and we people living in Thailand know better.
OMG. He must be a bothsider. Yeah, that must be it.
But then there is this when Oliver Anthony's hit song came out that was loved by right wingers.
[URL]https://lefsetz.com/wordpress/2023/08/22/oliver-anthony-rich-men-north-of-richmond/[/URL]
Billy Bragg's answer song would be getting traction, but it's not. "Richmond" is a phenomenon driven by right wing press. Believing it is owning the libs when that is patently untrue. This is what happens when a ranking system is flawed. Sales far outweigh streams on the chart, even though streams are by far the dominant mode of consumption. So truth is not. Buying "Richmond" is akin to texting two dollars to Donald Trump.
If you want wisdom don't look to some ignorant reactionary punk south of Richmond, but someone who knows of what they speak, who is intelligent and can express themselves, who knows you've got to think for yourself. If Oliver Anthony is a leader. Count me out.
End of link.
Can you get more Democratic douche than that? Now what?
We have to go back to the never mind ploy. Never mind about grocery bills.
But Trump blah, blah, blah, MAGA, blah, blah, blah, Qanon, blah, blah, blah, indictments, blah, blah, blah, Fox News, blah, blah, blah.
And if all that fails, write an article stating, Dear Mr. Lefetz, why Trump is responsible for your higher grocery bill.
Do you douches have anything other than that?[/QUOTE]It turns out the data, the consumer spending trends and American economic reality under Biden vs Trump and any other Repub does not miraculously change as it travels in cyberspace between USA and Thailand or between Washington and Ithoughtitwasafart, Wyoming.
[B]Here's the inflation breakdown for March 2024 in one chart[/B]
[URL]https://www.cnbc.com/2024/04/10/heres-the-inflation-breakdown-for-march-2024-in-one-chart.html?__source=androidappshare[/URL]
[QUOTE]There are some bright spots, such as food prices, though. [B]Household buying power is also up over the past year as wage growth has outstripped inflation.[/b]
[/QUOTE]Thanks again, Joe. Despite the historic Trump's Pandemic Global Supply-Chain Collapse Inflation and all of Trump's other Worst President of All Time disastrous economic and national security policy and stewardship results that you were handed a scant 3 years ago as well as a typically dithering and incompetent Repub / Trump- appointed Fed Chairman to stumble and fumble the relatively easy job of reducing Trump's Inflation quickly and effectively, your histotic jobs creation legislation, policies and stewardship has still managed to increase wages so as to masterfully override the negative effects of it.
Luckily, Biden's post-State of the Union Address bump in the polls, which typically pro Repub Mainstream Media worked mightily to convince us did not happen and perhaps even made it worse for Biden ("Don't you want to side with those loveable Repub Winners"? LOL), strongly suggests more and more Americans are realizing it now that they are paying attention, finally catching up to me and my awareness of it, even though they live right there in the neighborhood of my rental property and I live in exciting, sexy Bangkok.
Never known an Elvis who did not speak the Truth
[QUOTE=Elvis2008;2907987]OMG, Mr. Lefetz may have been wrong then. What is up with that? A douche cannot read his own food bill?
"The average worker's "real" hourly earnings their pay after accounting for inflation increased 0. 6% from March 2023 to March 2024. It had earlier declined for two years during the Covid-19 pandemic as high inflation eroded workers' paycheck growth, but that trend has since reversed. ".
Oops, sorry, Mr. Lefetz, you are right. Thailand Tooms is just cherry picking the data.
And here we go again, Mr. Lefetz. But Trump blah, blah, blah.
Here is something Thailand Tooms is allergic to, all the facts, [URL]https://mishtalk.com/economics/fact-check-are-you-better-off-now-than-four-years-ago/[/URL].
Private workers make 7 cents more per hour than a year ago, 4 cents more per hour than two years ago, 24 cents less per hour than three years ago, and 61 cents less per hour than in March of 2020 during the pandemic.
Production and nonsupervisory workers make 7 cents more per hour than a year ago, 15 cents more per hour than two years ago, 6 cents less per hour than three years ago, and 37 cents less per hour than in March of 2020 during the pandemic.
Gee thanks, Joe.
And there is more in the article with 57 to 66% of the people in the seven swing states saying the economy is not so good / poor.
Who knew that letting in millions of immigrants would cause rents to skyrocket?[/QUOTE]Thanks Elvis.
I was watching Fox recently in Australia. Do you guys realise you are now a joke.Thanks to Joe and Cammy …They were talking about the American Indigenous getting tax breaks. I turn over to Sky Australia and they are taking about our indigenous getting the same breaks. Wow we are mirroring your every leftist move. Awful. Our immigration is sky rocketing our PM wants to be Joe. Ha. He is not that bad. But very close.
Can you blokes defend his stance on Gaza …yes or no..
Also I noted with interest how a couple of the boys love to use stats against The Great Don…
Looking at the CPI figures today ….well…another stat in favour of the Great man…
Someone please help us.
If The great man. Don Trump does not win the next election.
The world is Fu….d
2 photos
I thought everyone loved polls?
We haven't had an update on the polls lately but some interesting changes have been in the works since Sleepy, Can't Put Two Words Together, Doesn't Know Who or Where he Is, Laughing Stock Joe Biden delivered his State of the Union Address and began campaigning in earnest.
It seems the typically pro Repub Mainstream Media got it a tad wrong when they were insisting Biden's speech and presentation didn't earn him a bump in the polls and, oh my goodness, might have even made them worse for him.
Remember when that same typically pro MSM was getting everyone all excited about those polls showing Trump 5-7 points ahead of Biden in the head-to-head, the 5-way and the battleground state poll consensus?
Hmm. As of this writing, just 5 weeks after that terrific SOTU Address, Biden is now 0. 2 points from Trump in the head-to-head consensus, less that 2 points from him in the 5-way contest, 2. 7 points (less than half of what it was 5 weeks ago) in the battleground states. A statistical tie and well within a normal +/-MoE on all counts, cutting Trump's pre SOTU Address lead at least in half and way more than that on most issues.
And that is in the RealClearPolitics' consensus polls on those topics, a demonstrably Winger-leaning site.
[URL]https://www.realclearpolitics.com/[/URL]
Oh, and this is the most interesting item in that regard. The Presidential Betting Odds sites were showing Trump way ahead of Biden ore SOTU. Not anymore. Now their RCP consensus shows Trump only 0. 5 point ahead of Biden. And take a gander at the trajectory of that Blue / Biden graph line vs the Red / Trump graph line! LOL. Wow.
[URL]https://www.realclearpolitics.com/elections/betting-odds/2024/president/[/URL]
See, those Presidential Betting Odds sites don't merely look at a consensus of polls. They factor in everything they deem important, such as the direction of the polls, money, the expenditure of money, the ground game, the competence of each campaign and so on.
Interesting, huh?
Vietnam Trump like R/E billionaire cheat and fruadster, gets the DEATH sentence...
Vietnamese R/E developer sentenced to death for fraud of $12.5 billion dollars, the countrys largest financial fraud case ever.
[b]Vietnam sentences real estate tycoon to death in $12.5 billion fraud case[/b]
[URL]https://www.nbcnews.com/news/world/vietnam-sentences-real-estate-tycoon-death-fraud-rcna147329[/URL]
I see now, what billionaire, [b]Kevin O'Leary,[/b] meant when he was talking to FOXY Muse Business, about Trump's R/E fraud case and says :[LIST][b][i]"...everything you've just listed off, is done by every R/E developer, everywhere on earth, in every city"[/i][/b] {...when referring to the over evaluation of Trump's tax R/E fraud claims...}
But was oh so wrong, when he then goes on to say [b][i]"...and this [type of thing] has never ever been prosecuted."[/i][/b][/LIST]I wonder if O'Leary would like to revise his prior statement, considering Vietnam's very strong laws and penalties against such Trumpian R/E fraud?
The Vietnamese judicial system is sending a clear message, that billionaire fraud, will NOT be tolerated and a DEATH sentence, awaits those who would entertain such brazen criminal behavior.
In light of these events in Vietnam and big mouth billionaires telling the world, this type of fraud is perfectly normal, one has to wonder, if the DOJ, IRS and FBI need to take a closer look at R/E over evaluations and fraud in general by R/E developers?
But the DEATH sentence, for criminal fraud on this scale is an interesting deterrent, for the billionaire class...well at least in Vietnam, anyways!
He obviously can't think of one thing
[QUOTE=Xpartan;2908176]And how did it affect you -- watching Fox in Australia? Is Fox more honest and less propagand-esque in Australia than it is in America? Is it more pro-Putin or less? Please enlighten us.
Really?
But he already had his 4 years. What stopped him from saving the world? And what do you think he'll do differently next time?
By the way, you don't have to censor yourself on this forum. If you believe the world is fucked -- go ahead and scream it from the rooftops. You're welcome.[/QUOTE]He has already posted his high praise for "The Great Donald Trump" a couple of times here, maybe more than that using a different name and he has yet to cite one positive thing Trump did in those 4 years as great as Biden's worst day in office.
As near as we can tell, he is simply damned impressed that Trump is too fat to get one leg over the crossbar of a bicycle and therefore has never been caught on video falling off of one.
Are "IMMIGRANTS"...the new right-wing boogeyman?
[QUOTE=Elvis 2008;2907987] ... Who knew that letting in millions of immigrants would cause rents to skyrocket?[/QUOTE]
[QUOTE=Tlito;2908245]Gee it is just like I see on Fox.[/QUOTE]
How to tell when you're drinking way too much of the FOXY Muse, right-wing [i][b]"scapegoat"[/b][/i] propaganda Kool-Aid?
You Guessed it!
[LIST]Now EVERYTHING is the [b]fault of the immigrants:[/b]
> COVID-19...it's the immigrants!
> No Job for Americans....it's the immigrants!
> High price of food...it's the immigrants!
> High gas prices...it's the immigrants!
> Crime...it's the immigrants!
> Voter fraud...blame the immigrants!
> Looming Gov't shutdown...blame the immigrants![/LIST]And the latest from our neighborhood resident conspiracist, Elvis 20008, after no doubt watching another fun filled FOXY Muse, disinformation "news" segment [i]{no doubt entitled} [b]"You
Guessed it America...it's the IMMIGRANTS!"[/b][/i]
And what must now be, the latest disinformation and lies being told to their gullible horde/viewers, is that:
> [i][b]"Immigrants[/b] are [u]responsible[/u] for your [b]increase in RENT"[/b][/i]
[b]Wall Street[/b] has purchased hundreds of thousands of single-family homes since the Great Recession. Here's what that means for rental prices.
[URL]https://www.cnbc.com/2023/02/21/how-wall-street-bought-single-family-homes-and-put-them-up-for-rent.html[/URL]
[b]Why Are REITs Going All-In on Single-Family Rentals?[/b]
[URL]https://www.fool.com/investing/2022/02/05/why-are-reits-going-all-in-on-single-family-rental/[/URL]
Meanwhile, the real culprits, the REITs, the billionaire class and the greedy corporations buying up single family homes and driving up rents as much as 30-40%, in some areas are laughing all the way to the bank, as gullible Americans (and some Aussies it would seem), drink-up the Kool-Aid over at FOXY Muse and spread disinformation and misinformation about, [i][b]"You Guessed IT...it's the IMMIGRANTS fault!"[/b][/i]
Is it any wonder Russia and Putin, just loves, these "useful idiots" (...kkkk!)
Repubs' hopeless, shamelessly opportunistic mindset on the issue of war
[QUOTE=Elvis2008;2908343]Well, the MSNBC listening, NYT reading Demolunes / Democrat douches do not read or listen to anything outside of their narrow lane. So whatever is said on Fox, they just dismiss. It is not even that Biden is running things. Biden was elected on being a white moderate Democrat and he has been anything but.
Presidents are credited or blamed for a lot of things that are beyond their control. I am not sure the economy is going to be great even if Trump gets elected given how much debt has been racked up, but you can see presidents make huge changes in foreign policy and relations between leaders.
Look at the twitter feed on this article of Biden talking to the Iranians about their rumored attack on Israel. [URL]https://www.zerohedge.com/geopolitical/us-pressuring-china-turkey-saudi-arabia-intervene-iran-halt-attack-israel[/URL].
I have seen gnats more intimidating than Biden is. Is it any shock that Iran did not heed Biden's warning and launched an attack anyway? Now we are going to have pro-war douches like Xpartan saying an attack on Israel is an attack on the USA and want us to go to war with Iran.
With Biden and his administration, they have thought more of parading around military men in dresses than showing off the power of the military. What impresses their constituents is being laughed at in places like Iran. The reason we have a strong military is that you project such power that others are afraid to face you. We have the opposite now. We are projecting weakness.
Someone put up a meme on Twitter. On one side you have the face of Trump and the word peace. On the other it is the face of Biden and war. Biden was preparing to go to war from the day he got into office. That is something I saw with my own eyes. In fact, a buddy of mine told me that no president had not been re-elected in the midst of a war, and that seems to have been what Biden's plan was and it has blown up in his face.[/QUOTE]Biden was preparing to go to war when he took over from Donnie while the USA War a previous Repub started was still being waged as it had been for every minute of every hour of every day of Donnie's entire so-called presidency until Biden pulled us out of it in the most successful and least deadly withdrawal from an occupied country by the losing side in History?
Is that really the kind of twisted pretzel nonsense one gets their heads filled with from watching too much Fux News and other Winger Clown Shows?
Let's recap the idiotic, unprincipled, spineless and opportunistic Repub mindset on war vs intelligent Dem handling of it from just the 4 most recent presidents, shall we?
GW Bush's astonishing incompetence with regard to ordinary National Security measures and Response plunges us into two Wars in the Middle East based on at least 900 lies told by him, his VP and others in his administration. The Repub response?
"You are either with us or against us. Bush is great! He kept us safe! Only America-haters oppose these wars"!
Obama takes office while both of Repub Bush's wars are raging and accomplishing nothing, as predicted. The Repub response?
"Obama is a Warmonger! Why are we still at War? Obama loves war and his fecklessness is plunging us into more wars"!
Obama pulls us out of one of those counterproductive Repub / Bush quagmire wars. The Repub response?
"Obama is a coward! He pulled us out of that war too soon, too late, too big, too small and not in exactly the right way"!
Trump gets appointed so-called president by a handful of Electoral College appointees against the obvious will and wishes of the majority of the American electorate and proceeds to happily preside over the second USA war the previous Repub plunged us into for every minute of every hour of every day of his so-called presidency. The Repub response?
"Trump is a Great Man of Peace! He kept us out of war! There were NO WARS anywhere on Earth under Trump because every world leader feared and respected him! He kept us safe! Oh, and his economic and National Security policies and stewardship results made sure the USA economy was the greatest of any country ever and not one American died from a foreign force or danger the entire time Trump The Good Shepherd watched over his flock. Trump is The God of Peace, Good Health and Prosperty"!
Biden takes over in the midst of the ongoing Repub war still raging under Trump for the entirety of his miserable 4 year term and, oh by the way, the absolute worst economic and national security conditions in USA history but still manages to finally pull us out of that second counterproductive Repub quagmire war. The Repub response?
"Biden is a Warmonger! Biden pulled us out of that glorious Repub war too soon, too late, too big, too small and not in exactly the right way! Oh, and he destroyed the perfect economy Trump handed him too! The Biden economy is Crashing so badly, jobs are being wiped out by the Millions and millions, wages are plunging, buying power is down to zero so of course the only thing on Biden's mind is to plunge us into another counterproductive Repub er I mean Dem War! Like the USA War in Ukraine. Er, I mean the USA War in Gaza. Er, I mean, well, whatever war and conflict is happening anywhere even though the USA is not really directly involved. Besides, remember there were NO WARS anywhere on Earth snd especially NO WAR involving the USA throughout Trump's glorious, best economy ever 4 years in office! Never forget that".
LOL. No sane, peace-loving, prosperty-loving American should waste one brain cell or one minute of their life giving serious consideration to anything any Repub has to say about War, Peace or the Economy.
