| User Info
| ISM Services -- Huh? in forum [Market-Ticker]
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Rln2433
Posts: 67
Incept: 2009-02-03
Virginia
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The data coming out from the government and 3rd party sources leaves you no room to get a proper sense of what is really going on.
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Randy123
Posts: 5789
Incept: 2008-09-24
Earth
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Green shoots?
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China is the Enemy. Wake Up.
New Normal. Same As The Old Awful.
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Etz
Posts: 13891
Incept: 2007-06-26
LA
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Gen wrote..I don't know where the money is coming from Oh yes you do. The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services. We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation.http://www.federalreserve.gov/boarddocs/....
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Legal chicanery and beneficent darkness are the banker's stoutest allies - F.Pecora.
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Genesis
Posts: 130798
Incept: 2007-06-26
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You're confusing money and value.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Zarathustra
Posts: 5961
Incept: 2009-04-29
Funkytown
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I like to attribute these positive "green shoots" to my rally monkey and Ethel Merman threads...
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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
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Tesla
Posts: 15543
Incept: 2008-04-03
State of Disbelief
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Anecdotal - I picked up two largish multi-year projects this week alone. My personal economy is looking better than it has in 3 years 
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"Even a dog knows the difference between being stumbled over and being kicked." -Justice Oliver Wendell Holmes
"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." -Samuel Adams
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Frat
Posts: 1935
Incept: 2009-07-15
NKY
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Tes - need an assistant who can double as an armed guard? I can bring references, my own ammo, and an assortment of calibers to the mix. :-)
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We're ****ed. Where's Henry Bowman when you need him?
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Yoogliguy
Posts: 375
Incept: 2010-04-08
Safer than Trading
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I'm looking for Android programmers and a C++/PHP programmer in Utah, things only keep getting crazier here as well. It feels real to me.
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Randy123
Posts: 5789
Incept: 2008-09-24
Earth
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Utah?
Mormon birth rates make everything look better. Go demographics.
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China is the Enemy. Wake Up.
New Normal. Same As The Old Awful.
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Yoogliguy
Posts: 375
Incept: 2010-04-08
Safer than Trading
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Pumping out kids doesn't create programming jobs. These are actually California overflow jobs. Besides, think Skiing, Hang Gliding, Trail Running - best place on the planet for outdoor types.
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Randy123
Posts: 5789
Incept: 2008-09-24
Earth
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Demand is demand. Talk to Japan.
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China is the Enemy. Wake Up.
New Normal. Same As The Old Awful.
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Mannfm11
Posts: 3556
Incept: 2009-02-28
DFW, Tx
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The need for programmers in Utah makes sense because anyone with a brain is getting out of CA. Business looks sporatic here. Hot one week, cold the next. Converting bonds to movable cash merely creates more asset bubbles. I'm guessing the ISM can be messed with. You just quit calling the negatives and call someone else, a process of elimination. They were talking about margin compression on CNBS and the lack of actual business expansion with profits coming from prior margin expansion. In any case, with Europe and potentially China going in the tank, they can always say no one saw it coming or just blame it on the outside the USA economy. I wonder what they are going to blame the collapse on? They didn't spend enough money?
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Widgeon
Posts: 13481
Incept: 2007-08-30
Region formerly known as the United States
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Sometimes we forget what we already knew because it's just too screwed-up ... Quote: ... have lived in their Fort Washington, MD $1.29MM, 4,900 square foot McMansion for 5 years (which they purchase with no money down) without ever making a single mortgage payment http://www.zerohedge.com/news/couple-liv.... |
Susanjbear
Posts: 417
Incept: 2010-06-10
Salt Lake City, Utah
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I just retired from UCLA and my 35+ career as a software engineer and am moving from So Cal to Utah in April. I continue to develop my own code of interest at home, when I want to devote the time to it, and on my own schedule, but I can't physically handle sitting in front of a computer all day any more. It's just not healthy.
A former coworker at UCLA quit just before I retired and took a job with a transit agency in Marina Del Rey in So Cal. My guess is his new job is basically funded with delayed porkulus money for transportation security (and to some degree, at my former job at UCLA, some recent equipment and upgrades were funded by porkulus money).
I just paid the most I ever paid in my life for a tank of gas. My husband and I no longer drive to anything local - he just biked 5 miles to his tax accountant today to avoid driving a car and burning up gas. The last time gas prices climbed this high the economy hit a brick wall, and I expect we'll see one later down the road...
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Susan
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Bruceallen123
Posts: 56
Incept: 2010-02-12
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I think it's safe to say that EVERYTHING is an illusion at the point. I've pretty much reached the point where I don't believe a word I hear on TV/Radio/Internet anymore. What is reality and what we PERCEIVE to be reality are two different things. Frankly Karl, I'm past the point of even caring anymore. What happens happens.
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