Obama Has The Economy on a Roll: Ford And GM Report

[paul alan]

Ford reports best month in seven years ....

Ford Motors reported its best sales month in seven years Wednesday, and said it will hike fourth-quarter production to meet the rising demand for autos which has the industry eying a sales threshold it hasn’t hit since 2007.

August U.S. retail sales were up 20% from a year ago at Ford and overall sales grew 12%. Small cars and hybrids led the way on the coasts and the F-Series line of pickups posting a 25th straight monthly increase and topping 70,000 vehicles for the second time in 2013.


http://www.forbes.com/sites/steveschaefer/2013/09/04/americans-still-spending-on-cars-august-sales-up-at-ford-gm-and-chrysler/

(link revised by request by this poster)

[Chris]

Reported earlier in the week by your co-worker cigar. You two need to coordinate your efforts. The DNC probably doesn't appreciate the duplicity.

[keymanjim]

Obama Has The Economy on a Roll

Why did he name his new puppy "The Economy"?

[Mainecoons]

Once again, Paul demonstrates his inability to read beyond the headlines:

http://www.autonews.com/article/20130806/RETAIL/130809922/average-age-of-u.s.-car-light-truck-on-road-hits-record-11.4-years#axzz2eD93mhl2

BTW, did anyone notice those Ford figures included very large numbers of gas guzzling pick up trucks?

Also, almost all the sales gain was due to more leasing. Consumers can't afford to buy the cars so they lease them, kicking the can down the road. All those leased cars will end up in the used fleet.

[patrickt]

More people than ever out of the work force, record-breaking numbers on food stamps, black unemployment at 13%. President Obama is on track and on schedule to ruin the U.S. economy. He's obviously made ruining the economy Job One.

[paul alan]

Millions more young and old with new wealth are retiring from the work force.

This is a good thing for America!

Because these folks are still spending!!


:laugh:

[paul alan]

More people than ever out of the work force, record-breaking numbers on food stamps, black unemployment at 13%. President Obama is on track and on schedule to ruin the U.S. economy. He's obviously made ruining the economy Job One.

Republicans thought when they outsourced those 8 million low wage, unskilled jobs - blacks would leave the Country.

They didn't.....


:)

[Mainecoons]

You need to lighten up on the dope, dope.

[Mister D]

Republicans thought when they outsourced those 8 million low wage, unskilled jobs - blacks would leave the Country.

They didn't.....


:)

Actually, the idea was to replace them with Mexicans. Mission accomplished.


:smiley:

[paul alan]

Actually, the idea was to replace them with Mexicans. Mission accomplished.


:smiley:

Yes, the Republican mission is accomplished.

Now they must pay out of their pockets to support those 8 million workers whose jobs they killed.

Dig deep boys, the bill is getting bigger!


:)

[Chris]

Millions more young and old with new wealth are retiring from the work force.

This is a good thing for America!

Because these folks are still spending!!


:laugh:



Keynesian dreaming when it's production drives an economy.

[Chris]

Yes, the Republican mission is accomplished.

Now they must pay out of their pockets to support those 8 million workers whose jobs they killed.

Dig deep boys, the bill is getting bigger!


:)



What 8 million jobs, paul.

[paul alan]

Production drives a service based economy?

Why Conservatives ruin any economy they get their hands on ....


:)

[Mister D]

Yes, the Republican mission is accomplished.

Now they must pay out of their pockets to support those 8 million workers whose jobs they killed.

Dig deep boys, the bill is getting bigger!


:)

Actually, they get rich while the economic and social costs are passed on to the rest of us. not much to smile about.

[Chris]

Production drives a service based economy?

Why Conservatives ruin any economy they get their hands on ....


:)


Yes, you must produce a service same as any good. You can line up all the spenders you like, if there's no product to spend on, there will be no spending.

And guess what drives production, Keynesian Paul?

[Mainecoons]

You're giving him too much credit by calling him a Keynesian. He's just a simple troll. I seriously doubt he understands Keynes theory any more than he understands any other economic ideas.

[Chris]

Keynes was a troll.

http://i.snag.gy/mYV8o.jpg

[Peter1469]

Yes, you must produce a service same as any good. You can line up all the spenders you like, if there's no product to spend on, there will be no spending.

And guess what drives production, Keynesian Paul?

The Soviets learned that the hard way.

[jillian]

The Soviets learned that the hard way.

The soviet system failed, among other reasons, because of the special privileges given to party bigwigs at the expense of average people. And there never seemed to be a problem with them finding the money for the military..... Which is what, ultimately bankrupted them.

[Mister D]

The soviet system failed, among other reasons, because of the special privileges given to party bigwigs at the expense of average people. And there never seemed to be a problem with them finding the money for the military..... Which is what, ultimately bankrupted them.

That's because, unlike the US, they couldn't have both guns and butter

[Chris]

The Soviet Union failed for the same reasons all implementations of socialism fail. Part of it is because central planning is too much power and power corrupts. Same here with corny corporatism.

[Mainecoons]

Neither can the U.S.

Here's a great piece by Stockman:

http://www.thedailybeast.com/articles/2013/09/03/the-end-of-u-s-imperium-finally.html


The recurrent phony narratives that generate these war-drum campaigns and then rationalize their disastrous aftermaths are rooted in a common structural cause: a vastly bloated war machine and national spying apparatus, the Imperial Presidency, and the house-trained lap-dogs that occupy the congressional intelligence, foreign affairs, and defense committees. This triangle of deception keeps the American public bamboozled with superficial propaganda and the media supplied with short bursts of reality TV when the Tomahawks are periodically let fly.But it is the backbone of the permanent warfare-state bureaucracy that keeps the gambit going. Presidents come and go, but it is now obvious that virtually any ideological script—left or right—can be co-opted into service of the Imperium. The Obama White House’s preposterous drive to intervene in the Syrian tinderbox with its inherent potential for fractures and blowback across the entire Middle East is being ramrodded by the dogma of “responsibility to protect.” In that context, its chief protagonists—Susan Rice and Samantha Power—are the moral equivalent of Bush’s neocon hit men, Douglas Feith and Paul Wolfowitz. In both cases, ideological agendas that have absolutely nothing to do with the safety of the American people were enabled to activate the awful violence of the American war machine mainly because it was there, marching in place waiting for an assignment.

[jillian]

The Soviet Union failed for the same reasons all implementations of socialism fail. Part of it is because central planning is too much power and power corrupts. Same here with corny corporatism.

"all" implementation of socialist PRINCIPLES do NOT fail. Most successful countries have some measure of free market mixed with socialist programs...

what has been a failure are both what purported to be communistic systems and entirely supply side economics, with "free markets" unfettered by regulations to assure fairness.

[Chris]

"all" implementation of socialist PRINCIPLES do NOT fail. Most successful countries have some measure of free market mixed with socialist programs...

what has been a failure are both what purported to be communistic systems and entirely supply side economics, with "free markets" unfettered by regulations to assure fairness.




"all" implementation of socialist PRINCIPLES do NOT fail.

Except I didn't say that, now, did I. I said "all implementations of socialism fail".

But, pray tell, what's a socialist principle?



what has been a failure are both what purported to be communistic systems and entirely supply side economics, with "free markets" unfettered by regulations to assure fairness.

Communism is an implementation of socialism, that failed. Supply-side economics is Keynesian economics, that's failed. So now tell us about free markets...

[Mainecoons]

"all" implementation of socialist PRINCIPLES do NOT fail. Most successful countries have some measure of free market mixed with socialist programs...

what has been a failure are both what purported to be communistic systems and entirely supply side economics, with "free markets" unfettered by regulations to assure fairness.

Other than a couple of small, very homogeneous and unique countries that are also having to cut back socialist programs, I don't see a lot of successes out there as the government cancer has spread throughout the western world. Some succeeded for a time until the inevitable result of socialist confiscation and government bloat, discouraging producers from producing and employing people, showed up.

Tell us where those great socialistic success are. France?

:grin:

[paul alan]

"all" implementation of socialist PRINCIPLES do NOT fail. Most successful countries have some measure of free market mixed with socialist programs...

what has been a failure are both what purported to be communistic systems and entirely supply side economics, with "free markets" unfettered by regulations to assure fairness.

The only successful governments in recorded history have been social democracies, and President Obama is extending that success.

Conservative governments have had a steady 4,000 year record of failure ... and nothing can change that :deadhorse:

[Peter1469]

Social democracies are relatively knew in human history.....

[jillian]

The only successful governments in recorded history have been social democracies, and President Obama is extending that success.

Conservative governments have had a steady 4,000 year record of failure ... and nothing can change that :deadhorse:

i'm not really sure what you're talking about.... the reality is that the most successful societies have been moderate.,,, neither too far left nor right.

[Chris]

What do you mean by moderate? Were the Greeks moderate, the Romans, the Chinese?

[paul alan]

Greek and Roman governments were social democracies

Chinese tribal governments were conservative feudalistic, exported to Europe

The pattern of success and failure holds ....


:)

[Chris]

Greek and Roman governments were social democracies

Chinese tribal governments were conservative feudalistic, exported to Europe

The pattern of success and failure holds ....


:)



Where's the feinting smiley when you need it.


Hey, paul, define social democracy? Tell us, was Plato a social democrat? Was Aristotle? How so.


No, I don't expect an answer.

[paul alan]

Listen to your daddy son, and don't get in over your head ...


:kermit:

[AmazonTania]

Ford is doing well on international sales, but GM is doing well domestically. GM, on the other hand, is more dependent on Subprime lending than ever before as 71% of it's financing are approved for consumers with low FICO scores.

[paul alan]

.... GM, on the other hand, is more dependent on Subprime lending than ever before

GM and Ford are more dependent onlow interest rates which the Fed has supported.

There is no indication that GM relies on low credit scores any more than Best Buy, Ford, or Walmart...

:)

[Chris]

Ford is doing well on international sales, but GM is doing well domestically. GM, on the other hand, is more dependent on Subprime lending than ever before as 71% of it's financing are approved for consumers with low FICO scores.



Actually, GM has been doing great in China.

[ptif219]

Ford reports best month in seven years ....

Ford Motors reported its best sales month in seven years Wednesday, and said it will hike fourth-quarter production to meet the rising demand for autos which has the industry eying a sales threshold it hasn’t hit since 2007.

August U.S. retail sales were up 20% from a year ago at Ford and overall sales grew 12%. Small cars and hybrids led the way on the coasts and the F-Series line of pickups posting a 25th straight monthly increase and topping 70,000 vehicles for the second time in 2013.


http://thepoliticalforums.com/newthread.php?do=newthread&f=10


You mean people's cars are wearing out and have no choice but to buy the most expensive cars ever

http://www.nbcnews.com/business/car-sales-surge-are-consumers-getting-bad-deal-8C11086627



Indeed, a recent report by R.L. Polk, a provider of automotive information, indicated that Americans are holding onto their vehicles longer than at any time over the last half century. The average vehicle on the road today is 11.4 years old, up from 11.2 in mid-2012, and just 9.7 years a decade ago.The good news is that today’s vehicles are more reliable than ever, but sooner or later, says Phillippi, owners have to balance the cost of repairs – and higher fuel costs on less efficient, older models, against today’s newer, even more reliable and efficient vehicles.

For much of the last decade, vehicle prices held relatively flat, creeping up at a pace well below inflation. But booming sales give manufacturers the opportunity to both raise sticker prices and reduce incentives. According to the data tracking service TrueCar.com, the Average Transaction Price, or ATP – which balances incentives and options against list prices – rose to a record $31,252, a 3.2 percent jump from August 2012.
Don’t expect that increase to mitigate anytime soon, said TrueCar senior analyst Jesse Toprak. “We see no indication there’ll be a downward turn in the foreseeable future,” he said. “Transactions will rise as long as manufacturers can pull it off.”
Shoppers might consider that vehicles in short supply will likely yield the lowest incentives and permit for the least amount of showroom bargaining while dealers will be more likely to do whatever it takes to move models with a serious backlog.

[AmazonTania]

GM and Ford are more dependent onlow interest rates which the Fed has supported.

There is no indication that GM relies on low credit scores any more than Best Buy, Ford, or Walmart...

:)

Yes, there is.

http://imageshack.us/a/img199/341/uus4.png

[paul alan]

Yes, there is.

http://imageshack.us/a/img199/341/uus4.png

Not really: a fractional change year over year is insignificant, even if it tracks all other big item retail, against U.S. FICO scores.

You need to look at 5, 10 and 15 year numbers to draw any meaningful conclusion.

Companies change their credit policies on the drop of a dime - and credit screening policy cannot be simplified.


:)

[zelmo1234]

Not really: a fractional change year over year is insignificant, even if it tracks all other big item retail, against U.S. FICO scores.

You need to look at 5, 10 and 15 year numbers to draw any meaningful conclusion.

Companies change their credit policies on the drop of a dime - and credit screening policy cannot be simplified.


:)

They are very consistent, they are selling cars to people that get turned down form other manufactures?

And what is wrong with that? they found their nitch

[paul alan]

The cry of the loudmouth card dealer: "NO CREDIT? NO PROBLEM"



:grin:

[zelmo1234]

The cry of the loudmouth card dealer: "NO CREDIT? NO PROBLEM"



:grin:




Again what is wrong with that, they prey on those that can't get good financing? Charge more and pay for their losses with higher profits? Sounds like the American way to me

[paul alan]

GM closed today at $37.00 +.52 .... earning more money for Americans on Obama's investment in America!



:)

[paul alan]

Would the tea party ban sales to people with credit scores under 750?

That would be the Christian thing to do ....


:)

[zelmo1234]

GM closed today at $37.00 +.52 .... earning more money for Americans on Obama's investment in America!



:)

It is a good start only about 58 dollars per share more to break even?

http://www.nbcnews.com/business/gm-stock-must-nearly-triple-taxpayers-break-even-6C10736738

But lets hope that it keeps going higher

[AmazonTania]

Not really: a fractional change year over year is insignificant, even if it tracks all other big item retail, against U.S. FICO scores.

You need to look at 5, 10 and 15 year numbers to draw any meaningful conclusion.

Companies change their credit policies on the drop of a dime - and credit screening policy cannot be simplified.


:)

GM has been out of bankruptcy for less than 3 years. Anything over this time period is meaningless to investors. Subprime credit receivables under 599 grew $1,376 mm and made up 70.8% of the increase in GMNA sales. Receivables under 599 grew 18.9% Y/Y, and the subsection under 540 grew 26.9% Y/Y. GM is still dependent on subprime lending for growth in the North American. It's has always been since emerged out of bankruptcy and it's IPO became open to the public in 2010.


http://img46.imageshack.us/img46/5388/2bb1.png



You're particularly clueless about this issue. But, if it makes you feel better, so is the rest of the electorate.

[AmazonTania]

GM closed today at $37.00 +.52 .... earning more money for Americans on Obama's investment in America!



:)

Great, and you also determine the performance of a company from the sticker price of a stock. As if it wasn't already apparently that you don't know what you're doing...

[ptif219]

GM closed today at $37.00 +.52 .... earning more money for Americans on Obama's investment in America!



:)


The tax payer will never see the money. I was a GM man I will not buy an Obama motors GM. Obama stuck his nose where it did not belonng to save the union. Explain how a union can own one third of a company and represnt both the share holder and the worker. You liberals are such hypocrites

http://www.ibtimes.com/general-motors-gm-still-owes-us-taxpayer-164b-government-highly-unlikely-recover-selling-gm-stock

General Motors Company (NYSE:GM) is one step closer to getting American taxpayers out of its business, but the largest U.S. carmaker still owes them billions and recovering the money will be very unlikely based solely on the sale of GM shares held by the U.S. Treasury.

The Treasury Department said it sold $876.9 million worth of GM shares in July. Based on last month’s highest and lowest prices, the government sold between 23 million and 27 million shares.“As of July 31, 2013, Treasury has recovered approximately $34.6 billion of its investment in GM through repayments, sales of stock, dividends, interest, and other income,” the Treasury said on Monday in its monthly report to Congress (http://www.treasury.gov/initiatives/financial-stability/reports/Documents/July%202013%20Monthly%20Report%20to%20Congress.pdf ). Under the Trouble Asset Relief Program, the government bailed out banks and auto makers GM and Chrysler following the 2009 subprime mortgage meltdown.
The government initially invested $51 billion to “stabilize and restructure GM.” Based on this latest report, taxpayers are owed $16.4 billion of the principal bailout sum before they can break even. [QUOTE]

[paul alan]

GM has been out of bankruptcy for less than 3 years. Anything over this time period is meaningless to investors. Subprime credit receivables under 599 grew $1,376 mm and made up 70.8% of the increase in GMNA sales. Receivables under 599 grew 18.9% Y/Y, and the subsection under 540 grew 26.9% Y/Y. GM is still dependent on subprime lending for growth in the North American. It's has always been since emerged out of bankruptcy and it's IPO became open to the public in 2010.


http://img46.imageshack.us/img46/5388/2bb1.png



You're particularly clueless about this issue. But, if it makes you feel better, so is the rest of the electorate.


You are on a very wrong track, and you'd be smart to drop the issue.

:)

[paul alan]

Great, and you also determine the performance of a company from the sticker price of a stock. As if it wasn't already apparently that you don't know what you're doing...

If you were in the market, you would know that a company's stock price is a perfect reflection of the health and value of that company

... because, you have literally millions of investors studying that company and it's health and value, and are willing to put up their money on their evaluation of that health and value.

Not to say that an inexperienced onlooker can't express an opinion!


:)

[ptif219]

If you were in the market, you would know that a company's stock price is a perfect reflection of the health and value of that company

... because, you have literally millions of investors studying that company and it's health and value, and are willing to put up their money on their evaluation of that health and value.

Not to say that an inexperienced onlooker can't express an opinion!


:)


You have no idea where the money comes from since the government is pouring billions of dollars in the stock market to create a false economy

[AmazonTania]

If you were in the market, you would know that a company's stock price is a perfect reflection of the health and value of that company

... because, you have literally millions of investors studying that company and it's health and value, and are willing to put up their money on their evaluation of that health and value.

The sticker price of the stock tells you absolutely nothing about the company. At all... It doesn't tell you if it's performing well. It doesn't tell you if it's overvalued, undervalued, cheap or expensive. It doesn't tell you about it's equities, liabilities, future performance or fundamentals regarding the company.

And I'm not just in the market. It's my job. I'm a stock broker. No serious (or even casual, for that matter) ever looks at the mere price of a stock to determine it's performance. Only outsiders do this, and you've pretty much already confirmed that you are an outsider.


Not to say that an inexperienced onlooker can't express an opinion!


:)

Thank you for letting us know that you are an inexperienced onlooker expressing an opinion, but we have already gathered this by reading your post.

[AmazonTania]

You are on a very wrong track, and you'd be smart to drop the issue.

:)

Maybe you should have a better understanding of what you are trying to discuss before writing. It's not my fault real numbers confuse you.

[paul alan]

The sticker price of the stock tells you absolutely nothing about the company. At all... It doesn't tell you if it's performing well. It doesn't tell you if it's overvalued, undervalued, cheap or expensive. It doesn't tell you about it's equities, liabilities, future performance or fundamentals regarding the company.

And I'm not just in the market. It's my job. I'm a stock broker. No serious (or even casual, for that matter) ever looks at the mere price of a stock to determine it's performance. Only outsiders do this, and you've pretty much already confirmed that you are an outsider.



With your somewhat stunning lack of knowledge of stocks, it's not surprising that you're posting to a message board instead of taking orders.

Give it up, really ...

:)

[ptif219]

With your somewhat stunning lack of knowledge of stocks, it's not surprising that you're posting to a message board instead of taking orders.

Give it up, really ...

:)


You have no idea who you are talking too or how she makes her living

[AmazonTania]

With your somewhat stunning lack of knowledge of stocks, it's not surprising that you're posting to a message board instead of taking orders.

Give it up, really ...

:)

Hey, Genius: Foreign markets, where majority of my exposure lies, are closed. When you make the money I do, you can work anytime of the day you please and I can execute trades in bed while you hustle wondering when your next day off is.

And you're using a sticker price of a stock as a valuation metric, but claiming someone else has a 'lack of knowledge' of stocks. Hilarious! Give this guy a trading platform. He knows everything he needs to know about investing: The Stock Price.

[Chris]

Amazon, don't let yourself get baited by a troll. Paul has nothing constructive to contribute here, only tries to tear down, a leveler, progressive leveler.

[paul alan]

Hey, Genius: Foreign markets, where majority of my exposure lies, are closed. When you make the money I do, you can work anytime of the day you please and I can execute trades in bed while you hustle wondering when your next day off is.



Goodbye to 24 hour trading I guess - and international access to exchanges, eh?

Give it up, really ....

Not to say you should go back to bed ....

:)

[paul alan]

Chris is upset I haven't paid attention to him today ....

Be patient troll....


:rollseyes:

[Chris]

Chris is upset I haven't paid attention to him today ....

Be patient troll....


:rollseyes:


Tell yourself to be patient all you want you won't upset me with your trolling and making things up, paul.

[Chris]

Goodbye to 24 hour trading I guess - and international access to exchanges, eh?

Give it up, really ....

Not to say you should go back to bed ....

:)

Sure sign of a troll, rather than encouraging discussion, he disrupts it by telling people to shut up. It contradicts any sort of discourse ethics one might imagine.

[AmazonTania]

Goodbye to 24 hour trading I guess - and international access to exchanges, eh?

Give it up, really ....

Not to say you should go back to bed ....

:)

Unless you are trading FOREX or other OTCs' (which are not the same as Stocks), there is no 24 hour trading on any particular stock exchange. Stocks are exclusive to particular exchanges and each have their own unique trading days/hours.

You can at least try to sound like an amateur without being utterly clueless.

[paul alan]

Enough of that trivia.

Tell us ....

Does a stock rise and fall with the company's earnings?

Do equity markets rise and fall with the country's economy?

Why is that?

Show us with long term charts ....

:)

[Chris]

Enough of that trivia.

Tell us ....

Does a stock rise and fall with the company's earnings?

Do equity markets rise and fall with the country's economy?

Why is that?

Show us with long term charts ....

:)



IOW, forget that troll, let's change topic, move the goal posts and try another troll.

[AmazonTania]

Stock increase for a number of reasons, mostly of which has to do with the following factors: Supply and Demand, Investor Sentiment, Earnings, Market Cap etc. Of of which will explain why stock prices increase or decrease, but none of which will tell you if the company is profitable, valuable or even a good investment. That's what valuation metrics are for (D/E, P/B, PEG, P/E, Cash Flow, ETC). There are your typical investors who will sell or short from news of an economic downturn, but equity markets do not move in lock step with the economy. It doesn't work that way. The only time when this actually happens is when a bubble is involved. This happens when stock prices exceed their long-term valuations, as in the case with there long term 10 year P/E ratios.

The historical average P/E (in today's market at least) for the S&P is x15. In Black Tuesday (1929), long-term PE generally reached as high as x33. During the NASDAQ Bubble, PEs reached as high as x45. Nearly the same thing happened during the housing bubble, but the leverage was heavily invested in real estate, not stocks.


http://writings.basiliochen.com/wp-content/uploads/2011/08/PE-Ratio-Aug-20-2011.jpg

[ptif219]

Enough of that trivia.

Tell us ....

Does a stock rise and fall with the company's earnings?

Do equity markets rise and fall with the country's economy?

Why is that?

Show us with long term charts ....

:)


Admit you know nothing about it and Amazon is handing your ass to you

[paul alan]

Stock increase for a number of reasons, mostly of which has to do with the following factors: Supply and Demand, Investor Sentiment, Earnings, Market Cap etc. Of of which will explain why stock prices increase or decrease, but none of which will tell you if the company is profitable, valuable or even a good investment. That's what valuation metrics are for (D/E, P/B, PEG, P/E, Cash Flow, ETC). There are your typical investors who will sell or short from news of an economic downturn, but equity markets do not move in lock step with the economy. It doesn't work that way. The only time when this actually happens is when a bubble is involved. This happens when stock prices exceed their long-term valuations, as in the case with there long term 10 year P/E ratios.

The historical average P/E (in today's market at least) for the S&P is x15. In Black Tuesday (1929), long-term PE generally reached as high as x33. During the NASDAQ Bubble, PEs reached as high as x45. Nearly the same thing happened during the housing bubble, but the leverage was heavily invested in real estate, not stocks.


http://writings.basiliochen.com/wp-content/uploads/2011/08/PE-Ratio-Aug-20-2011.jpg



Excellent, now overlay the S & P or Dow prices on the PE chart (1920-2012 will do just fine).

Show the magic to your "brokerage" customers!

:)

[AmazonTania]

And what would be the purpose of that?

[paul alan]

And what would be the purpose of that?

To show you that equity prices track earnings (a company's profitability) - which was my original point, which you contest.

You can also overlay GDP over your chart and show the markets (earnings) track the economy.

See?

:)

[AmazonTania]

Not even close...



http://research.stlouisfed.org/fredgraph.png?g=mjg

[paul alan]

Excellent.

The trend line is evident, although not accurate in detail.

To be more accurate, you need be in percentages with a base of 100 to accurately compare two widely diverse numbers.

Now, I asked you to overlay S & P prices over Corporate earnings.

Keep working

:)

[AmazonTania]

You're not very bright, are you? There is no trend...

GDP from Q1 1994 to Q4 1999 increased 32.8%. S&P 500 grew 192.8%. During the Peak of the Recession to it's trough, March - November 2001, GDP didn't fall at all. It increased 0.5%. The S&P plunged by 12.1%

GDP from Q1 2003 to Q4 2007 increased by 29.1. S&P 500 grew by 73.7%. From Peak to Trough Recession, GDP contracted 1.7%. S&P Fell 27.4% percent.

There is no trend and nothing consistent to show that there is a pattern. The numbers don't lie. You just keep finding newer ways of revealing your ignorance.

[zelmo1234]

Chris is upset I haven't paid attention to him today ....

Be patient troll....


:rollseyes:

Well the third of the month is fast approaching? That is when you get your check is it not.

With your knowledge you should be able to turn that into enough profit that you might not need next months check?

Good luck, But you might not want to invest heavily in GM, not a real growth stock at the moment!

[Cigar]

Women who talk numbers really gets me excited ... :laugh:

So ... tell me who lead the NBA in scoring, rebounds and assist multiple years.

[Chris]

You're not very bright, are you? There is no trend...

GDP from Q1 1994 to Q4 1999 increased 32.8%. S&P 500 grew 192.8%. During the Peak of the Recession to it's trough, March - November 2001, GDP didn't fall at all. It increased 0.5%. The S&P plunged by 12.1%

GDP from Q1 2003 to Q4 2007 increased by 29.1. S&P 500 grew by 73.7%. From Peak to Trough Recession, GDP contracted 1.7%. S&P Fell 27.4% percent.

There is no trend and nothing consistent to show that there is a pattern. The numbers don't lie. You just keep finding newer ways of revealing your ignorance.



OK, I'm not into the market much but I suspect if there were clearly defined patterns that you would be out of a job and we'd all be rich.

[zelmo1234]

Enough of that trivia.

Tell us ....

Does a stock rise and fall with the company's earnings?

Do equity markets rise and fall with the country's economy?

Why is that?

Show us with long term charts ....

:)

Here you go Wyle "E" Coyote, (Super Genius) here a longer term chart on GM which is down today by over 1% by the way?

http://investing.money.msn.com/investments/charts?symbol=GM#{"zRange":"1","startDate":"2013-9-11","endDate":"2013-9-11","chartStyle":"mountain","chartCursor":"1","scaleType":"0","yaxisAlign":"right","mode":"pan"}

Stop acting like the poor person that you are an take her advice! You only get to be wealthy by acting like wealthy people

[paul alan]

You're not very bright, are you? There is no trend...

GDP from Q1 1994 to Q4 1999 increased 32.8%. S&P 500 grew 192.8%. During the Peak of the Recession to it's trough, March - November 2001, GDP didn't fall at all. It increased 0.5%. The S&P plunged by 12.1%

GDP from Q1 2003 to Q4 2007 increased by 29.1. S&P 500 grew by 73.7%. From Peak to Trough Recession, GDP contracted 1.7%. S&P Fell 27.4% percent.

There is no trend and nothing consistent to show that there is a pattern. The numbers don't lie. You just keep finding newer ways of revealing your ignorance.

Do you know what a 'trend' is?

I am asking you to show charts comparing Stock price to earnings, and GDP to the equity markets.

Your persistence in insulting people when you fall short, is the giveaway to your political ideology.

And we all know what that is!


:)

[Cigar]

OK, I'm not into the market much but I suspect if there were clearly defined patterns that you would be out of a job and we'd all be rich.

Negotiate 8% ... and leave the late-night analytics to the experts :grin:

[AmazonTania]

OK, I'm not into the market much but I suspect if there were clearly defined patterns that you would be out of a job and we'd all be rich.

If everything was simple as it seemed, everyone would be rich.

[zelmo1234]

Women who talk numbers really gets me excited ... :laugh:

So ... tell me who lead the NBA in scoring, rebounds and assist multiple years.

I believe she said that she was from the UK ask her about Soccer?

But I find it interesting that you get excited by strong intelligent women. I thought that you only hung out with liberals? :)

[Chris]

Do you know what a 'trend' is?

I am asking you to show charts comparing Stock price to earnings, and GDP to the equity markets.

Your persistence in insulting people when you fall short, is the giveaway to your political ideology.

And we all know what that is!


:)



Paul, do you? Did you, you would do it yourself. Pony up or be a phony.

[Cigar]

I believe she said that she was from the UK ask her about Soccer?

But I find it interesting that you get excited by strong intelligent women. I thought that you only hung out with liberals? :)

You must not get laid much ... if you're requiring Voter ID :laugh:

[zelmo1234]

You must not get laid much ... if you're requiring Voter ID :laugh:

Of course I don't get laid much, I married??? :)

She would kill me if she read this, She is an amazing women, better than I deserve of that there can be no doubt!

[AmazonTania]

Do you know what a 'trend' is?

I am asking you to show charts comparing Stock price to earnings, and GDP to the equity markets.

I'm not sure you understand what a 'trend' is at this point. I've already compared GDP to an equity market. There is no correlation between the two. This was already explained to you, using visuals and using math. Again, its really not my fault real numbers confuse you.

I've also already shown you a chart relating Stock Prices to Earnings. Considering that a PE ratio are Stock Prices / Earnings, there is really nothing to compare. Everything you needed to see was on Post #64 (http://thepoliticalforums.com/threads/16360-Obama-Has-The-Economy-on-a-Roll-Ford-And-GM-Report?p=364308&viewfull=1#post364308). There aren't enough examples in the world for me to show you how much of an amateur you are about stocks.


Your persistence in insulting people when you fall short, is the giveaway to your political ideology.

And we all know what that is!


:)

If you were to assume what my political ideology is, you'd be wrong even if I gave you all the guesses in the world. Pointing out your intellectual deficiencies isn't falling short. It's merely pointing out that you don't have a head for these things. It's nothing to be ashamed of. You're in the same boat as 75% of the country.

[Chris]

75% might be giving the country too much credit. Anyway, I don't understand a whole lot of what you're talking about in general, but what you say, amazon, makes sense so I listen and learn. Absolutely nothing to be ashamed about.


But now I'm going to have to start guessing your political ideology. Give me a couple weeks....

[Peter1469]

You are on a very wrong track, and you'd be smart to drop the issue.

:)

Please explain how she got of track. :wink:

[paul alan]

You're in the same boat as 75% of the country.

If "of the Country" you mean the UK .... then I would say 98% don't have a clue ....

:)

[AmazonTania]

If "of the Country" you mean the UK .... then I would say 98% don't have a clue ....

:)

Considering that Brits are not dumb enough to follow the mistakes of you yanks, that's highly unlikely.

[ptif219]

Considering that Brits are not dumb enough to follow the mistakes of you yanks, that's highly unlikely.


Some Yanks anyway :smiley_ROFLMAO:

[BB-35]

Considering that Brits are not dumb enough to follow the mistakes of you yanks, that's highly unlikely.

Now now, we both know you must have followed some of our dumb mistakes,I'm pretty sure we've followed a few of yours over the years...

[Chris]

One thing's for sure is we're going down the road to social democracy that Europe's abandoning as a failure.

[Agravan]

One thing's for sure is we're going down the road to social democracy that Europe's abandoning as a failure.
But it hasn't worked for Europe because WE weren't in charge. It'll work this time, they promise!!

[Chris]

But it hasn't worked for Europe because WE weren't in charge. It'll work this time, they promise!!

No, they just didn't throw enough money at it!

[paul alan]

One thing's for sure is we're going down the road to social democracy that Europe's abandoning as a failure.

It seems the failed European economies have purged themselves of the Conservative idiots quite well ...


It's hard for old dogs to learn that Conservatives have learned nothing and forgotten nothing .... and the only successful governments in recorded history have been social democracies.



:)

[Chris]

It seems the failed European economies have purged themselves of the Conservative idiots quite well ...


It's hard for old dogs to learn that Conservatives have learned nothing and forgotten nothing .... and the only successful governments in recorded history have been social democracies.



:)



Nice try, paul. Europe is turning conservative.

[paul alan]

It seems the failed European economies have purged themselves of the Conservative idiots quite well ...


It's hard for old dogs to learn that Conservatives have learned nothing and forgotten nothing .... and the only successful governments in recorded history have been social democracies.



:)


True .... Greece, Spain, Portugal, France and UK all dumped the Conservatives who ruined their economies - so much like Bush did in the U.S.


:(

[Chris]

True .... Greece, Spain, Portugal, France and UK all dumped the Conservatives who ruined their economies - so much like Bush did in the U.S.


:(



So you cite yourself as authority? LOL

[paul alan]

True .... Greece, Spain, Portugal, France and UK all dumped the Conservatives who ruined their economies - so much like Bush did in the U.S.


:(


Niki Sarkozy never said he could govern, he said he could bang the best looking models


:blob1:

[Peter1469]

It seems the failed European economies have purged themselves of the Conservative idiots quite well ...


It's hard for old dogs to learn that Conservatives have learned nothing and forgotten nothing .... and the only successful governments in recorded history have been social democracies.



:)

Link.

As I told you before, social democracies are a recent development in human history. They tend to work well only in relativity homogenous societies.

[Peter1469]

True .... Greece, Spain, Portugal, France and UK all dumped the Conservatives who ruined their economies - so much like Bush did in the U.S.


:(

Define conservative in the context of the nations you refer to.

[paul alan]

Link.

As I told you before, social democracies are a recent development in human history. They tend to work well only in relativity homogenous societies.

Really now .....



:laugh:

[Peter1469]

Really now .....



:laugh:

That was a convincing argument. I should re-think my position after that. :wink:

[paul alan]

FED GETS CLOSER TO RECOVERING GM INVESTMENT

The government is getting closer to selling all of its General Motors stock.

The Treasury Department said in its August report to Congress that it sold $811 million worth of GM common stockhttp://images.intellitxt.com/ast/adTypes/icon1.png (http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale#) last month.

The report dated Tuesday says the government has recovered about $35.4 billion of the $49.5 billion bailout it gave the Detroit automaker.


http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale
(http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale)
Excellent ....

:)

[paul alan]

"....The company nearly ran out of cash in 2008 and needed government money to survive a trip through bankruptcy reorganization. Since then, GM has posted 14 straight profitable quarters."


Under President Obama's guidance ....

:)

[Chris]

Establish two things, paul. 1) Cause and effect. 2) Multiplier effect.

[ptif219]

FED GETS CLOSER TO RECOVERING GM INVESTMENT

The government is getting closer to selling all of its General Motors stock.

The Treasury Department said in its August report to Congress that it sold $811 million worth of GM common stockhttp://images.intellitxt.com/ast/adTypes/icon1.png (http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale#) last month.

The report dated Tuesday says the government has recovered about $35.4 billion of the $49.5 billion bailout it gave the Detroit automaker.


http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale
(http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale)
Excellent ....

:)

They will never recover it all because the stock sucks

http://www.usatoday.com/story/money/cars/2013/07/24/us-needs-9551-per-share-to-break-even-on-gm/2582923/



General Motors stock would have to sell for $95.51 per share for taxpayers to break even on bailing out the company, according to a government watchdog's report released Wednesday.That price is about three times what GM shares are selling for now, even after a 25% increase in the price so far this year.
"There's no question that Treasury, the taxpayers, are going to lose money on the GM investment," Special Inspector General Christy Romero, author of the July quarterly report to Congress, said in an interview.
GM needed the $49.5 billion bailout to survive its trip through bankruptcy restructuring in 2009. Since emerging from bankruptcy, the restructured company has piled up $17.2 billion in profits. In exchange for the bailout, the government got 61% of GM's stock. It cut that to 33% in GM's November 2010 initial public offering.
The government has gradually been selling off the rest of the stock, with the goal of exiting the investment by April of next year. As of June 6, it still owned 189 million shares, or about 14% of the company, according to the report.
Taxpayers are still $18.1 billion in the hole on the $49.5 billion bailout, including interest and dividends, according to the report.

[ptif219]

They will never recover it all because the stock sucks. Even your link says current stock prices means the money will never be recovered

http://www.usatoday.com/story/money/cars/2013/07/24/us-needs-9551-per-share-to-break-even-on-gm/2582923/

[Mainecoons]

Also, GM is still staying afloat mainly selling gas guzzling trucks. How long will that go on?

Obama bailed out the UAW and thereby prevented the structural corrections to both GM and Chrysler that were needed to make them long-term viable. The Chrysler bail out was particularly odious since it was the bail out of a privately-held company whose major problem, in addition to the UAW and poor vehicle quality, was the debt incurred in going public. That debt made a bunch of banksters and wall street fraudsters rich but did nothing to make Chrysler into a better company.

It's sure not hard to see why the banksters and fraudsters shovel money at the Democrats these days. They are making damn good investments for themselves, America be damned.

[Chris]

GM is making a fortune in China. Of course that's overlooked for this poster child of social democracy.

[zelmo1234]

It seems the failed European economies have purged themselves of the Conservative idiots quite well ...


It's hard for old dogs to learn that Conservatives have learned nothing and forgotten nothing .... and the only successful governments in recorded history have been social democracies.



:)

You are a young person aren't you?

[zelmo1234]

True .... Greece, Spain, Portugal, France and UK all dumped the Conservatives who ruined their economies - so much like Bush did in the U.S.


:(

What was it that Bush did to the economy that ruined it, You know it has been so long I forgot what it was, can you help me out?

[zelmo1234]

FED GETS CLOSER TO RECOVERING GM INVESTMENT

The government is getting closer to selling all of its General Motors stock.

The Treasury Department said in its August report to Congress that it sold $811 million worth of GM common stockhttp://images.intellitxt.com/ast/adTypes/icon1.png (http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale#) last month.

The report dated Tuesday says the government has recovered about $35.4 billion of the $49.5 billion bailout it gave the Detroit automaker.


http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale
(http://www.freep.com/article/20130911/BUSINESS01/309110099/gm-tresury-stock-sale)
Excellent ....

:)

While it is fantastic that we are recovering some money from the GM bailout? to think that the government is going to break even is foolish?

http://www.usatoday.com/story/money/cars/2013/07/24/us-needs-9551-per-share-to-break-even-on-gm/2582923/

So if the stock hits 96 buck a share we will actually be in the black?

If you really want to try and understand the economy you have to get beyond both the democratic and republican talking points?

[paul alan]

Republicans like to whine about the $48 billion bailout of GM.

Well, it was never a bail out, but a stock purchase of America's largest manufacturer that saved 1 million jobs.

Well, today it is a solid investment with just $12 billion in stock remaining in the Fed portfolio

That's a lesson in good investment judgment that any world leader should learn

:)

[Chris]

Republicans like to whine about the $48 billion bailout of GM.

Well, it was never a bail out, but a stock purchase of America's largest manufacturer that saved 1 million jobs.

Well, today it is a solid investment with just $12 billion in stock remaining in the Fed portfolio

That's a lesson in good investment judgment that any world leader should learn

:)



It was a bail out by Bush and Obama.

Where's ROI, paul, where's the multiplier effect?

[AmazonTania]

Republicans like to whine about the $48 billion bailout of GM.

Well, it was never a bail out, but a stock purchase of America's largest manufacturer that saved 1 million jobs.

Well, today it is a solid investment with just $12 billion in stock remaining in the Fed portfolio

That's a lesson in good investment judgment that any world leader should learn

:)


GM went bankrupt, and stocks become worthless when the company becomes worthless. There were no shares of GM to purchase. The auto bailout was comprised of government loans, not asset purchases. In return, GM provided the Government warrants for common/preferred stocks which signified a promise of return, which is no different from GM issuing a Corporate Bond.

Also, if it's such a solid investment, why doesn't the stock pay a dividend as of yet? It's only a solid investment if you're planning on shorting the stock. It's P/E's are far too low to indicate any growth in the near future.

[ptif219]

Republicans like to whine about the $48 billion bailout of GM.

Well, it was never a bail out, but a stock purchase of America's largest manufacturer that saved 1 million jobs.

Well, today it is a solid investment with just $12 billion in stock remaining in the Fed portfolio

That's a lesson in good investment judgment that any world leader should learn

:)

That is crap. Obama stuck his nose in the business of the courts which he had no business doing. Obama had to save the union so they could continue giving him campaign money.

The disgusting part is we knew they would never pay it back and Obama used our money

[ptif219]

GM went bankrupt, and stocks become worthless when the company becomes worthless. There were no shares of GM to purchase. The auto bailout was comprised of government loans, not asset purchases. In return, GM provided the Government warrants for common/preferred stocks which signified a promise of return, which is no different from GM issuing a Corporate Bond.

Also, if it's such a solid investment, why doesn't the stock pay a dividend as of yet? It's only a solid investment if you're planning on shorting the stock. It's P/E's are far too low to indicate any growth in the near future.

There was no reason for a president to take over the court's authority in Bankruptcy. This was pure politics so Obama could save his money cow the union

[Mainecoons]

Wall street versus main street in one easily understood (well for most of us) picture:

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/09/20130914_BAML2.jpg

[Professor Peabody]

Ford reports best month in seven years ....

Ford Motors reported its best sales month in seven years Wednesday, and said it will hike fourth-quarter production to meet the rising demand for autos which has the industry eying a sales threshold it hasn’t hit since 2007.

August U.S. retail sales were up 20% from a year ago at Ford and overall sales grew 12%. Small cars and hybrids led the way on the coasts and the F-Series line of pickups posting a 25th straight monthly increase and topping 70,000 vehicles for the second time in 2013.


http://thepoliticalforums.com/newthread.php?do=newthread&f=10

Dude, cars wear out and need to be replaced at some time out of necessity like the fridge or the stove.


Obama Has The Economy on a Roll: Ford And GM Report

That's comedy!

http://www.tradingeconomics.com/charts/united-states-gdp-growth.png?s=gdp+cqoq&d1=20090101&d2=20131231
Obama

http://www.tradingeconomics.com/charts/united-states-gdp-growth.png?s=gdp+cqoq&d1=19810101&d2=19851231
Reagan

One is getting the economy on a roll, the other is a failure of economic policies. It's easy to tell the difference.

[paul alan]

Dude, cars wear out and need to be replaced at some time out of necessity like the fridge or the stove.

That's comedy!

Obama

Reagan

One is getting the economy on a roll, the other is a failure of economic policies. It's easy to tell the difference.

A Professor's education never ends!

BTW, do you have the 2007 and 2008 GDP numbers?

Just askin'

:)

[Professor Peabody]

A Professor's education never ends! BTW, do you have the 2007 and 2008 GDP numbers? Just askin' :) Irrelevant. The comparison is between the terms of two presidents. Besides, if you look at the charts Reagan inherited just as bad if not worse GDP rate than Obama because inflation was running wild. http://www.tradingeconomics.com/charts/united-states-gdp-growth.png?s=gdp+cqoq&d1=20070101&d2=20081231 http://www.tradingeconomics.com/charts/united-states-gdp-growth.png?s=gdp+cqoq&d1=19790101&d2=19801231

Two years before Obama and 2 years before Reagan. So what's your point?

[paul alan]

My point is even Rand Paul knows more about the economy than you do.

And he knows very, very little ....

:boobs:

[Peter1469]

My point is even Rand Paul knows more about the economy than you do.

And he knows very, very little ....

:boobs:

Paul knows a great deal about the economy. You just don't like his conclusions. What would you suggest as an alternative?

[ptif219]

My point is even Rand Paul knows more about the economy than you do.

And he knows very, very little ....

:boobs:

You have shown you know about as much as cigar and jillian which is nothing

[Professor Peabody]

You have shown you know about as much as cigar and jillian which is nothing He asked me some questions about the GDP Obama vs Reagan and never responded when he got burned! More people on food stamps and living in poverty than ever (http://articles.chicagotribune.com/2011-09-14/news/ct-met-poverty-illinois-20110914_1_poverty-rate-sheldon-danziger-poverty-threshold-last-year). More Americans than ever using food stamps. A record 47.8 million people are enrolled in the program despite the recession's end and a stronger economy. (http://money.msn.com/now/post.aspx?post=e9caf453-75ca-4ad6-ae9d-9b991cd6702f) That's always the mark of an economy recovering.

[zelmo1234]

Of course they did not respond to your answers? The facts are not on the side of the liberals.

They toss out the talking points and tell you that everything is fine, and when you show the statistics you are racist!

It is in their play book :) Facts? we don't need NO stinking facts

[Trinnity]

Obama has done everything in his power to keep the economy down and people dependent on govt. And another thing; btw, Ford never took a bailout from the govt and people LOVE ford trucks! I have 3.

Ford Ranger
Ford Explorer
Ford F150 extended cab, 4x4

Obama is the shittiest president in the history of America, surpassing all others, including the butcher of hundreds of thousands -Lincoln, the destroyer of the black family -Lyndon B. Johnson, The dumbest fuck that ever sat in the oval -Jimmy Carter, and our first Marxist prezzy -Wilson.

I spit on Obama. I hope he burns in Hell.

[Libhater]

Obama has done everything in his power to keep the economy down and people dependent on govt. And another thing; btw, Ford never took a bailout from the govt and people LOVE ford trucks! I have 3.

Ford Ranger
Ford Explorer
Ford F150 extended cab, 4x4

Obama is the shittiest president in the history of America, surpassing all others, including the butcher of hundreds of thousands -Lincoln, the destroyer of the black family -Lyndon B. Johnson, The dumbest fuck that ever sat in the oval -Jimmy Carter, and our first Marxist prezzy -Wilson.

I spit on Obama. I hope he burns in Hell.

Ditto the spitting and his burning in hell comments as they are much deserved, but what's with your distaste for Lincoln--one of our top 3 presidents?

[Trinnity]

Ditto the spitting and his burning in hell comments as they are much deserved, but what's with your distaste for Lincoln--one of our top 3 presidents?I'm actually torn over Lincoln, but he did preside over massive carnage and his image is tarnished these days. I'm taking a longer look at him. I think his legend status is over-rated and embellished. But in fact, I'm walking it back on Lincoln. I'm not sure exactly how I feel about that right now.

Come to think of it, Lincoln allowed his generals to be cruel to Southerners in order to break them. That pisses me off.

He was no friend to the slaves either. It was all political and he wanted them sent back to Africa anyway - and they should have been returned to their homeland because they were KIDNAPPED. The only people working plantations should have been free men for PAY.

Like I said - the legend is much embellished and history is written by the victors.

[Libhater]

I'm actually torn over Lincoln, but he did preside over massive carnage and his image is tarnished these days. I'm taking a longer look at him. I think his legend status is over-rated and embellished. But in fact, I'm walking it back on Lincoln. I'm not sure exactly how I feel about that right now.

Come to think of it, Lincoln allowed his generals to be cruel to Southerners in order to break them. That pisses me off.

He was no friend to the slaves either. It was all political and he wanted them sent back to Africa anyway - and they should have been returned to their homeland because they were KIDNAPPED. The only people working plantations should have been free men for PAY.

Like I said - the legend is much embellished and history is written by the victors.

One of the things I liked best about Lincoln (besides his leading the Union to victory) for I being a Massachusetts Patriot and all was that he believed in peaceful segregation like I do. You're right, he wanted the slaves to be shipped back to Africa. Had he gotten his way I'm willing to bet that we wouldn't have as much (if any) racial tension these days. It wasn't Lincoln who treated the slaves terribly, no, it was the Southern slave owners who treated slaves badly for they didn't want to relinquish their slaveholding power, as well as their want to secede from the union; much of the reason the Civil War was fought in the first place.

[paul alan]

Ford reports best month in seven years ....

Ford Motors reported its best sales month in seven years Wednesday, and said it will hike fourth-quarter production to meet the rising demand for autos which has the industry eying a sales threshold it hasn’t hit since 2007.

August U.S. retail sales were up 20% from a year ago at Ford and overall sales grew 12%. Small cars and hybrids led the way on the coasts and the F-Series line of pickups posting a 25th straight monthly increase and topping 70,000 vehicles for the second time in 2013.




Link correction:

http://www.forbes.com/sites/steveschaefer/2013/09/04/americans-still-spending-on-cars-august-sales-up-at-ford-gm-and-chrysler/

:)

[Mainecoons]

Already covered. Guess it was too complicated for you to understand.

[paul alan]

DOW up 118 today on good news:

U.S. Stocks Rise on Exit of Summers, Syria Weapons Deal (http://www.bloomberg.com/news/2013-09-16/u-s-futures-celebrate-summers-exit-as-treasuries-stocks-rally.html)

http://www.bloomberg.com/news/2013-09-16/u-s-futures-celebrate-summers-exit-as-treasuries-stocks-rally.html
Summers was so soft on bank regulation, you might call him an anti-regulation wonk

The world loves Barack Obama .....:)

[lynn]

General Electric is moving their headquarters from Wisconsin to Beijing. They are also investing 2 billion in China to train 65 engineers and create 6 new research centers. GE made 5.1 billion in the U.S. last year but paid no taxes.

[paul alan]

General Electric is moving their headquarters from Wisconsin to Beijing. They are also investing 2 billion in China to train 65 engineers and create 6 new research centers. GE made 5.1 billion in the U.S. last year but paid no taxes.

All under the Bush Tax Law of 2004

Should they be arrested ya think?


:)

[ptif219]

DOW up 118 today on good news:

U.S. Stocks Rise on Exit of Summers, Syria Weapons Deal (http://www.bloomberg.com/news/2013-09-16/u-s-futures-celebrate-summers-exit-as-treasuries-stocks-rally.html)

http://www.bloomberg.com/news/2013-09-16/u-s-futures-celebrate-summers-exit-as-treasuries-stocks-rally.html
Summers was so soft on bank regulation, you might call him an anti-regulation wonk

The world loves Barack Obama .....:)

Which means nothing. Obama is a joke to the world and seen as weak after Putin showed the do nothing Obama how to lead on chemical weapons in Syria

[ptif219]

General Electric is moving their headquarters from Wisconsin to Beijing. They are also investing 2 billion in China to train 65 engineers and create 6 new research centers. GE made 5.1 billion in the U.S. last year but paid no taxes.

Funny since the head of GE was on Obama's job creation committee.

[ptif219]

All under the Bush Tax Law of 2004

Should they be arrested ya think?


:)

Sorry but it is now Obama not Bush. Under Obama we have the world's highest corporate taxes. GE is leaving to avoid Obama's out of control regulations and to avoid Obamacare

[paul alan]

Sorry but it is now Obama not Bush. Under Obama we have the world's highest corporate taxes. GE is leaving to avoid Obama's out of control regulations and to avoid Obamacare

Chinese will give GE below zero taxes?

Think I'll move to Hong Kong!



:blob9:

[Mainecoons]

Please do!

[Chris]

General Electric is moving their headquarters from Wisconsin to Beijing. They are also investing 2 billion in China to train 65 engineers and create 6 new research centers. GE made 5.1 billion in the U.S. last year but paid no taxes.


Chinese will give GE below zero taxes?

Think I'll move to Hong Kong!



:blob9:


About 1200 miles off as the crow flies...

http://i.snag.gy/Mxa0h.jpg

[ptif219]

Chinese will give GE below zero taxes?

Think I'll move to Hong Kong!



:blob9:

The don't have obamacare and the highest corporate taxes in the world like Obama gave us

[Trinnity]

Which means nothing. Obama is a joke to the world and seen as weak after Putin showed the do nothing Obama how to lead on chemical weapons in SyriaObama is a joke. The only reason the Republicans don't pwn him on a daily basis is that most of them are progressives too.

[lynn]

Bush isn't going to look so bad after Obama is done destroying the U.S.

[Professor Peabody]

Funny since the head of GE was on Obama's job creation committee.

He was the Chairman I think.

[paul alan]

... The only reason the Republicans don't pwn him on a daily basis is that most of them are progressives too.

So what is there left? .... the tea party?



:rofl:

[Chris]

Tea Parties are not a political party like Reps and Dems, paul. :geez:

[paul alan]

True, tea party is the message board party.

.... to be feared!


:rofl:

[Chris]

True, tea party is the message board party.

.... to be feared!


:rofl:


If they're trivial why are you always posting about them? Trivial pursuit?

[paul alan]

Every vote we take away from the Republicans is a vote earned.

(My Momma taught me this!)


:rofl:

[Chris]

Right, and life is like a box of chocolates.

[paul alan]

DOW up a punishing 125% from the Bush crash ....

Americans are hurting ....


:rofl:

[Mainecoons]

Nope, one percenters have never done better than under Obama.

Everyone else is hurting. Proud of that, are you?


During the four years that marked President Barack Obama’s first term in office, the real median income of American households dropped by $2,627 and the number of people on poverty increased by approximately 6,667,000, according to data released today (http://www.census.gov/prod/2013pubs/p60-245.pdf) by the Census Bureau.The record total of approximately 46,496,000 people in the United States who are now in poverty, according to the Census Bureau, is more than twice the population of Syria, which, according to the CIA (https://www.cia.gov/library/publications/the-world-factbook/rankorder/2119rank.html), has 22,457,336 people.
- See more at: http://cnsnews.com/news/article/terence-p-jeffrey/census-obama-s-1st-term-real-median-income-down-2627-people-poverty#sthash.p5R6Ojqc.dpuf

Change Paul can believe in!

[paul alan]

DOW up a punishing 125% from the Bush crash ....

Americans are hurting ....


Boehner's "the American people" would rather have Bush's real losses to Obama's paper profits.

Any day ......
:rofl:

[Chris]

http://i.snag.gy/QPlvU.jpg

[Trinnity]

So what is there left? .... the tea party?



:rofl:Two things:

1) support the libertarian wing of the R party. Rand Paul, Ted Cruz, Mike Lee.
2) push for action on the state level.
The states are opposing this dictatorial, freedom-sucking govt.

[ptif219]

DOW up a punishing 125% from the Bush crash ....

Americans are hurting ....


:rofl:

It is falsely propped up by Bernanke

[zelmo1234]

Two things:

1) support the libertarian wing of the R party. Rand Paul, Ted Cruz, Mike Lee.
2) push for action on the state level.
The states are opposing this dictatorial, freedom-sucking govt.

You are right it might be our only hope

[lynn]

It doesn't matter who we vote for anymore because in order for politicians to get their campaign funding, they must honor the ones that provided a lot of cash to change or create laws that work in their favor when or if elected. This is why the 1% are the only ones doing great in this economy and this is not likely to change in the future. The U.S. is done and what we are witnessing is the last bit of cash that they can squeeze out of all of us before moving on to other countries.

[Chris]

It doesn't matter who we vote for anymore because in order for politicians to get their campaign funding, they must honor the ones that provided a lot of cash to change or create laws that work in their favor when or if elected. This is why the 1% are the only ones doing great in this economy and this is not likely to change in the future. The U.S. is done and what we are witnessing is the last bit of cash that they can squeeze out of all of us before moving on to other countries.


Right, best government money can buy. It's called crony crapitalism.