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Dec 15, 2023 20:28:43   #
JFlorio Loc: Seminole Florida
 
Rose42 wrote:
This guy’s opinion is fantasy.

And for the ones with their eyes open - none of this translates to the cost of living getting lower. None of it translates to lower prices for essentials like food and housing. None of it translates to fewer homeless. Child poverty isn’t in reality reduced. And there is so much more

There are always those who try and put lipstick on a pig - thats what this guy is doing. And he forgets to include that this white house occupant has ushered in an unprecendented amorality in our society - especially against women and children
This guy’s opinion is fantasy. br br And for the... (show quote)


Exactly. A great economy for those at the top. The everyday working person is still losing buying power and that’s what hurts.

Reply
Dec 15, 2023 20:34:35   #
BIRDMAN
 
slatten49 wrote:
Henry R. Greenfield

Former Senior Consultant Global Digital Twin Technology at Integrated Facility Management (2019–2023)

The US Fed Reserve said no more increases and forecasts 3 rate cuts next year which along with the excellent job report, UI at 3.7%, gas way down, inflation 3.1%. Does this mean Biden will win in a landslide as the markets will now take off again?

It is all but impossible to ignore the excellent economic news and data coming out of the US. Fed Chair Jerome Powell directly said there is no recession on the horizon, he plans to cut interest rates at least 3 times next year and everything is in place for the long sought and rarely found, soft landing.

By far the highest closing level in history, the DJIA at 37,090 Dec 13 2023 WOW

Let’s pause for a moment and give a major round of applause to Powell, the Fed, the Biden administration, the investors, the various hundreds of billions that Biden has put into infrastructure, the CHIPs act which has increased manufacturing construction by 200%. Let us also thank the American consumer, the millions and millions of women who have come back to the market, especially black women who are now at or above pre-pandemic employment levels with much higher wages than before that yes, are beating inflation.

Let us thank Biden for not changing the Trump drilling strategy and quietly carrying on to the point where the US is now the acknowledged #1 oil producer in the world thus balancing off OPEC+ and anything they want to do to hurt economies around the world.

Let’s thank COP28 that also signed an historic 200 country agreement to end the use of fossil fuels, signed no less in Dubai which only exists because of oil production.

Let’s thank employers who have invested in people, in billions in new equipment to become more efficient. Let’s thank the community colleges and tech schools around the world including the USA, UK, Australia, Germany and more who are turning out hundreds of thousands of tech grads in everything from electricians to plumbers to IT specialists.

And let us thank the American consumers who have once again come to the rescue of the world, buying and buying and upgrading everything they own and traveling the world and spending all of those $$ they received from the COVID times from the govt and more.

And let me ask a simple question, is there anything the republicans could have done better?

Is there anything they would like to take back? Like nothing for single moms, they didn’t like that one which reduced child poverty in the US by 50%. Or infrastructure, 90% didn’t like that either or the CHIPS act, most voted against that and on and on it goes. Yet they are all there, cutting ribbons on new factories, fighting for more infrastructure $$ and taking credit for everything Biden fought for and got done.

Is it a perfect time? Of course not, the southern border is still a real crisis and the democrat's solution is terrible while the GOP's is better but draconian.

What we need to do though is look at those market numbers folks. All time high today, day after day after day. the DJIA is not the economy but it sure is a hell'uva lot better by 25% since Trump left office and way higher than anything he did to juice it with a tax cut.

Biden did it the old fashioned FDR way and my goodness it is morning in America or better yet, happy days are here again.

Well done team America, you shocked the world and the republicans and frankly me too. Who would'a thunk Biden who took office in a recession in the middle of a pandemic and fought his way out of it investing in America and people and the Fed who blew it for so long, could now get it so right?
Henry R. Greenfield br br Former Senior Consultan... (show quote)


🤪🤪🤪🤪🤪🤪







Reply
Dec 15, 2023 20:38:35   #
jack sequim wa Loc: Blanchard, Idaho
 
slatten49 wrote:
Henry R. Greenfield

Former Senior Consultant Global Digital Twin Technology at Integrated Facility Management (2019–2023)

The US Fed Reserve said no more increases and forecasts 3 rate cuts next year which along with the excellent job report, UI at 3.7%, gas way down, inflation 3.1%. Does this mean Biden will win in a landslide as the markets will now take off again?

It is all but impossible to ignore the excellent economic news and data coming out of the US. Fed Chair Jerome Powell directly said there is no recession on the horizon, he plans to cut interest rates at least 3 times next year and everything is in place for the long sought and rarely found, soft landing.

By far the highest closing level in history, the DJIA at 37,090 Dec 13 2023 WOW

Let’s pause for a moment and give a major round of applause to Powell, the Fed, the Biden administration, the investors, the various hundreds of billions that Biden has put into infrastructure, the CHIPs act which has increased manufacturing construction by 200%. Let us also thank the American consumer, the millions and millions of women who have come back to the market, especially black women who are now at or above pre-pandemic employment levels with much higher wages than before that yes, are beating inflation.

Let us thank Biden for not changing the Trump drilling strategy and quietly carrying on to the point where the US is now the acknowledged #1 oil producer in the world thus balancing off OPEC+ and anything they want to do to hurt economies around the world.

Let’s thank COP28 that also signed an historic 200 country agreement to end the use of fossil fuels, signed no less in Dubai which only exists because of oil production.

Let’s thank employers who have invested in people, in billions in new equipment to become more efficient. Let’s thank the community colleges and tech schools around the world including the USA, UK, Australia, Germany and more who are turning out hundreds of thousands of tech grads in everything from electricians to plumbers to IT specialists.

And let us thank the American consumers who have once again come to the rescue of the world, buying and buying and upgrading everything they own and traveling the world and spending all of those $$ they received from the COVID times from the govt and more.

And let me ask a simple question, is there anything the republicans could have done better?

Is there anything they would like to take back? Like nothing for single moms, they didn’t like that one which reduced child poverty in the US by 50%. Or infrastructure, 90% didn’t like that either or the CHIPS act, most voted against that and on and on it goes. Yet they are all there, cutting ribbons on new factories, fighting for more infrastructure $$ and taking credit for everything Biden fought for and got done.

Is it a perfect time? Of course not, the southern border is still a real crisis and the democrat's solution is terrible while the GOP's is better but draconian.

What we need to do though is look at those market numbers folks. All time high today, day after day after day. the DJIA is not the economy but it sure is a hell'uva lot better by 25% since Trump left office and way higher than anything he did to juice it with a tax cut.

Biden did it the old fashioned FDR way and my goodness it is morning in America or better yet, happy days are here again.

Well done team America, you shocked the world and the republicans and frankly me too. Who would'a thunk Biden who took office in a recession in the middle of a pandemic and fought his way out of it investing in America and people and the Fed who blew it for so long, could now get it so right?
Henry R. Greenfield br br Former Senior Consultan... (show quote)


Business's closing
https://www.moneytalksnews.com/slideshows/retailers-that-are-closing-stores/

Layoffs
https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/

Failed banks 2023
https://www.noradarealestate.com/blog/list-of-failed-banks/

The Fed is lowering rates because banks can no longer hold trillions in bond losses.
The Fed increased rates to fend off inflation, but stock bubbles infused cash into the system spurring inflation

Actual unemployment/under employed exceeds 21% (shadow stats)

Actual inflation food, autos, homes far exceeds 30%

With current military/Ukraine bill 886 billion, national debt will be 35.7 trillion, but here is the rub (thanks to Bush, Obama, Trump and now biden)
2020 the interest only payments on national debt was 600 billion, with this bill 1.2 trillion but that's not the worst, once a nation hits 90% debt to GDP its mathematically impossible not to collapse in a short period of time, we will be over 130% debt to GDP ratio once Biden signs the bill.
Gold follows debt , how gold is valued, based on history gold should exceed $3,000 an ounce, but since the banks have been filling their vaults in historically high numbers, manipulated gold markets, and stepped up buying 10 fold in 2023, in preparation for a reset translation = market collapse.
Most experts (not working for wallstreet) are warning of 10x stock market values. Currently greed is fueling the market, not value. One only look at the PE of stocks, they were 5-7 years average and now exceeds a 30 year PE. Would you want to wait 30years to get your investment back?
Then there is Bric's of over 140 nations, lead by Russia/China to fully replace the petro dollar by half the world's population.
And multiple other extremely negative economic factors, I'm not interested in tapping out on my cell phone.

How you been by the way?

Jack

Reply
 
 
Dec 15, 2023 20:40:44   #
jack sequim wa Loc: Blanchard, Idaho
 
AuntiE wrote:
They absolutely refuse to acknowledge the job market is not new jobs but a continuation of companies fully reopening after the government demanded they close for COVID.

They absolutely refuse to acknowledge the negligible impact the minimum reduction in inflation is having after being its highest in 40 years.



And they don't qualify the jobs that are government or the people with 2-3 part time jobs, they count as 2-3 that became employed.

Reply
Dec 15, 2023 20:49:18   #
Liberty Tree
 
jack sequim wa wrote:
And they don't qualify the jobs that are government or the people with 2-3 part time jobs, they count as 2-3 that became employed.


The auto workers returning from strike are counted as new jobs.

Reply
Dec 15, 2023 22:40:42   #
jack sequim wa Loc: Blanchard, Idaho
 
Liberty Tree wrote:
The auto workers returning from strike are counted as new jobs.



Next, they'll need to count illegals coming across the border, if they want to keep pulling the wool of the publics eye's.

Reply
Dec 16, 2023 02:40:39   #
jack sequim wa Loc: Blanchard, Idaho
 
Knightlady wrote:
Tell you what. When I see any of that, I'll cheer. Until then, I'll believe it when I see it. Biden is known for lying so.....

Some points were good and some crap to me. I have never said that Biden hasn't done anything good, but on so many important issues, he seems very uniformed or just no transparency.



What good has Biden done?
Speak of the terrible and great of Trump , but Biden, I'm lost to think of one positive policy

Reply
 
 
Dec 16, 2023 07:04:31   #
slatten49 Loc: Lake Whitney, Texas
 
jack sequim wa wrote:
Business's closing
https://www.moneytalksnews.com/slideshows/retailers-that-are-closing-stores/

Layoffs
https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/

Failed banks 2023
https://www.noradarealestate.com/blog/list-of-failed-banks/

The Fed is lowering rates because banks can no longer hold trillions in bond losses.
The Fed increased rates to fend off inflation, but stock bubbles infused cash into the system spurring inflation

Actual unemployment/under employed exceeds 21% (shadow stats)

Actual inflation food, autos, homes far exceeds 30%

With current military/Ukraine bill 886 billion, national debt will be 35.7 trillion, but here is the rub (thanks to Bush, Obama, Trump and now biden)
2020 the interest only payments on national debt was 600 billion, with this bill 1.2 trillion but that's not the worst, once a nation hits 90% debt to GDP its mathematically impossible not to collapse in a short period of time, we will be over 130% debt to GDP ratio once Biden signs the bill.
Gold follows debt , how gold is valued, based on history gold should exceed $3,000 an ounce, but since the banks have been filling their vaults in historically high numbers, manipulated gold markets, and stepped up buying 10 fold in 2023, in preparation for a reset translation = market collapse.
Most experts (not working for wallstreet) are warning of 10x stock market values. Currently greed is fueling the market, not value. One only look at the PE of stocks, they were 5-7 years average and now exceeds a 30 year PE. Would you want to wait 30years to get your investment back?
Then there is Bric's of over 140 nations, lead by Russia/China to fully replace the petro dollar by half the world's population.
And multiple other extremely negative economic factors, I'm not interested in tapping out on my cell phone.

How you been by the way?

Jack
Business's closing br https://www.moneytalksnews.c... (show quote)

Mostly, Jack, I've been caught up in Christmas shopping for the kids, grandkids and great-grandkids.

Thanks for asking.

Reply
Dec 16, 2023 09:20:49   #
padremike Loc: Phenix City, Al
 
Rose42 wrote:
This guy’s opinion is fantasy.

And for the ones with their eyes open - none of this translates to the cost of living getting lower. None of it translates to lower prices for essentials like food and housing. None of it translates to fewer homeless. Child poverty isn’t in reality reduced. And there is so much more

There are always those who try and put lipstick on a pig - thats what this guy is doing. And he forgets to include that this white house occupant has ushered in an unprecendented amorality in our society - especially against women and children
This guy’s opinion is fantasy. br br And for the... (show quote)


Another home run for Rose. 💥⚾️

Reply
Dec 16, 2023 10:31:57   #
EmilyD
 
padremike wrote:
Another home run for Rose. 💥⚾️

👍👍👍

Reply
Dec 16, 2023 10:42:04   #
slatten49 Loc: Lake Whitney, Texas
 
padremike wrote:
Another home run for Rose. 💥⚾️

Rose is one of my favorite posters. But, not because we always agree.

Keep in mind, Mike, I directed this thread to the "naysayers", of which Rose is one entitled to her opinion. Differing opinions are to be expected on a political forum.

Generally speaking, I expect that from both you & Rose.

Reply
 
 
Dec 16, 2023 11:17:27   #
padremike Loc: Phenix City, Al
 
slatten49 wrote:
Rose is one of my favorite posters. But, not because we always agree.

Keep in mind, Mike, I directed this thread to the "naysayers", of which Rose is one entitled to her opinion. Differing opinions are to be expected on a political forum.

Generally speaking, I expect that from both you & Rose.


I can appreciate our differing opinions, Slats, although you seemed to have been drawn more to the Left than you once were we continue to have mutual respect. I still hold on to the thought that you are a friend in spite of our differences. Obviously I'm more concerned with the spiritual war than the political one although the Left has drastically moved to incorporate one into the other on several issues and this is an anathema for me, no compromise, it's beyond family and friendships. But Slats, really? Don't you wish the Left had more ladies with the fortitude and common sense Conservatives honor in our ladies like. Rose, Emily. Zemirah, PR, and all the rest on OPP? 🥰 Pax.

Reply
Dec 16, 2023 11:54:25   #
slatten49 Loc: Lake Whitney, Texas
 
padremike wrote:
I can appreciate our differing opinions, Slats, although you seemed to have been drawn more to the Left than you once were we continue to have mutual respect. I still hold on to the thought that you are a friend in spite of our differences. Obviously I'm more concerned with the spiritual war than the political one although the Left has drastically moved to incorporate one into the other on several issues and this is an anathema for me, no compromise, it's beyond family and friendships. But Slats, really? Don't you wish the Left had more ladies with the fortitude and common sense Conservatives honor in our ladies like. Rose, Emily. Zemirah, PR, and all the rest on OPP? 🥰 Pax.
I can appreciate our differing opinions, Slats, ... (show quote)

Mike, if I seem "more to the left" than I once may have been, it's because Trump's MAGA (a misnomer) movement has the Far Right entrenched in radically un-American postures - similar to the radical left. Unfortunately, zealots on both sides of the political aisle have too much of an inordinate say in our nation's political discourse.

Reply
Dec 16, 2023 13:59:02   #
LostAggie66 Loc: Corpus Christi, TX (Shire of Seawinds)
 
slatten49 wrote:
Henry R. Greenfield

Former Senior Consultant Global Digital Twin Technology at Integrated Facility Management (2019–2023)

The US Fed Reserve said no more increases and forecasts 3 rate cuts next year which along with the excellent job report, UI at 3.7%, gas way down, inflation 3.1%. Does this mean Biden will win in a landslide as the markets will now take off again?

It is all but impossible to ignore the excellent economic news and data coming out of the US. Fed Chair Jerome Powell directly said there is no recession on the horizon, he plans to cut interest rates at least 3 times next year and everything is in place for the long sought and rarely found, soft landing.

By far the highest closing level in history, the DJIA at 37,090 Dec 13 2023 WOW

Let’s pause for a moment and give a major round of applause to Powell, the Fed, the Biden administration, the investors, the various hundreds of billions that Biden has put into infrastructure, the CHIPs act which has increased manufacturing construction by 200%. Let us also thank the American consumer, the millions and millions of women who have come back to the market, especially black women who are now at or above pre-pandemic employment levels with much higher wages than before that yes, are beating inflation.

Let us thank Biden for not changing the Trump drilling strategy and quietly carrying on to the point where the US is now the acknowledged #1 oil producer in the world thus balancing off OPEC+ and anything they want to do to hurt economies around the world.

Let’s thank COP28 that also signed an historic 200 country agreement to end the use of fossil fuels, signed no less in Dubai which only exists because of oil production.

Let’s thank employers who have invested in people, in billions in new equipment to become more efficient. Let’s thank the community colleges and tech schools around the world including the USA, UK, Australia, Germany and more who are turning out hundreds of thousands of tech grads in everything from electricians to plumbers to IT specialists.

And let us thank the American consumers who have once again come to the rescue of the world, buying and buying and upgrading everything they own and traveling the world and spending all of those $$ they received from the COVID times from the govt and more.

And let me ask a simple question, is there anything the republicans could have done better?

Is there anything they would like to take back? Like nothing for single moms, they didn’t like that one which reduced child poverty in the US by 50%. Or infrastructure, 90% didn’t like that either or the CHIPS act, most voted against that and on and on it goes. Yet they are all there, cutting ribbons on new factories, fighting for more infrastructure $$ and taking credit for everything Biden fought for and got done.

Is it a perfect time? Of course not, the southern border is still a real crisis and the democrat's solution is terrible while the GOP's is better but draconian.

What we need to do though is look at those market numbers folks. All time high today, day after day after day. the DJIA is not the economy but it sure is a hell'uva lot better by 25% since Trump left office and way higher than anything he did to juice it with a tax cut.

Biden did it the old fashioned FDR way and my goodness it is morning in America or better yet, happy days are here again.

Well done team America, you shocked the world and the republicans and frankly me too. Who would'a thunk Biden who took office in a recession in the middle of a pandemic and fought his way out of it investing in America and people and the Fed who blew it for so long, could now get it so right?
Henry R. Greenfield br br Former Senior Consultan... (show quote)

Reply
Dec 16, 2023 13:59:49   #
LostAggie66 Loc: Corpus Christi, TX (Shire of Seawinds)
 
Well Stated Slatten

Reply
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