Sad tale of many these daze

[wralst]

I have this friend. We'll call him Greg. Greg's an insufferable Republican. One of those Republican stooges who drives you nuts. The kind that seems brainwashed, defying logic and blindly defending the GOP and anything Republican as if they're on the payroll. Even if it goes against their own self-interest. I believe it's mild insanity.
 
 
Greg's not stupid. He's actually rather intelligent. Has a graduate degree. He's not the stereotypical resident of Dumbfuckistan. In fact, he's from Colorado. Lives in a ritzy gated community. An exclusive yet culturally diverse enclave that is home to all ranges of white people: rich white people, really rich white people, and super-rich white people. He owns a technology company. One that in fact does business with the U.S. government. But when it comes to politics, Greg seems as mindless as a Pied Piper rat. I often wonder what drives an otherwise savvy guy to the point where his ability to reason is paralyzed by the political filters through which information passes...distorting reality beyond recognition. What makes him and others so unconditionally loyal to the Republican Party, where they can no longer think straight?
 
 
To be sure, these folks are so consumed by partisan vitriol that, for the opportunity to bash President Obama and Democrats, and with an insatiable desire for power, they literally root for the economy to fail. They want the government to suffer. And they're willing to to get their own asses kicked financially just so they can say "I told ya so" about Obama and perhaps win an election. It's baffling. It's shameful. And, quite frankly, unpatriotic.
 
 
Greg and people like him truly appear to be upset at any sign of a recovering economy. It's as if their brains have chips that translate language into partisan drivel. You say "Wow, did you see that awesome 3.5% GDP number?" They hear, "Obama's successful." You say, "Retail sales are strong, and consumers are spending again," and they hear, "Obama's economic policies are working." They wince at good news. Therefore, you cannot engage them in intelligent, rational discourse. They are consumed with the "Republicans good, Democrats bad" mantra. It's all they can hear. And it's what drives them. So their typical response is to try proving that things are really terrible and getting worse. No matter how uninformed and foolish it makes them appear.
 
 
Greg keeps sending me articles. Has been for a year now. It's like he's possessed. On a mission. Nothing but pessimistic, negative, bearish, politically-rooted propaganda about the economy and the stock markets. The funny thing is though, Greg is in complete, utter denial. He and his naysayers have been dead wrong all along. The Dow has surged from 6500 to 10,000, and with it the economy has come out of recession, showing solid, consistent gains in the financial, banking, automobile, retail and housing markets. We've witnessed appreciable growth in the GDP; a drop in job losses; declining inventories; increases in manufacturing and productivity; increased borrowing; a rise in consumer spending; strong corporate earnings; and other very positive economic indicators. But none of this matters to Greg & Company. Their hatred of liberals, and their intense hunger to see Obama fail, keeps them oblivious to reality. In the face of clear, obvious economic recovery, these Chicken Littles keep yelling "The sky is falling, the sky is falling." And worse, if need be to bring Obama down, they'd be willing to lose more jobs, more home value, more investment dollars and more corporate sales. Their party first, country second mentality is unconscionable. They want America to fail.
 
 
Fortunately for Greg and his pals though, they get to play Chicken Little while Obama's cleaning up the economic shitstorm their president left him. If only they were able to show a little appreciation.

[Thomasj_tx]

I see that the kool-aid is flowing freely tonight. 

[doodle-mcvee]

so now we understand why you don't understand the simple things,
 
like the economy,
 
you refuse to read anything that isn't part of the cnn talking point,
 
token turd teleprompter review,
 
and it isn't like someone hasn't been trying to help,
 
you have refused that help and choose to be ignorant.
 
bet you still haven't picked up that econ 101 book yet.
 
certainly at least partially explains why your a dumbass,
 
you choose to be one
 

[ttopcat]

If the democrats are so smart why are the poll's telling us they are going to be on the losing end of the stick in November,if the democrats are so wise, wise only their own minds,why the hell are they on the verge losing both houses of congress?

[chuck_curtis]

The time has come.  Look to the skies.
The price of gold is on the rise.
In bullish years, on Labor Day
The price of gold becomes in play.

The trend of gold in season fall,
The trend it is the best of all.
So, gold bug now uplift your hope.
I know that you are not a dope.

Oh, people, people can’t you see?
The evil name is Bernanke.
He’s very busy printing dough,
And there is much that he don’t know.

Money’s doubled since ’08.
Counterfeiting is our fate.
Can’t measure the exact supply
Because it was their choice to lie.

Demand deposits are not time.
Please listen to my little rhyme.
Demand deposits, money yes.
They’re part of money we confess.

And when that money hits the street,
Then all will know that they do cheat.
The price of goods will start to rise.
So call your broker, give him buys.

Commodities will lead the way.
Commodities, that’s what I say.
Coffee’s what it’s all about,
And silver threatens to break out.

To this conclusion I have come.
Commodities in pendulum.
Commodities go up in price.
Producer prices, very nice.

And then Consumer Price Index
Will follow, Bernanke to vex.
We’re coming to election time,
And what they do is just a crime.

But this year I am not a dope,
And I can see that there is hope.
Like back in year of seven-three,
We see the rise of Tea Party.

The socialists, they shout “unfair.”
They’re falling with Obamacare.
We see the rise of Party, Tea.
It’s on the side of you and me.

So call your broker on the phone.
Tell him that you’re not alone.
Tell him please to buy some gold
‘Tis how my story does unfold.

We study year of seven-nine
When price of gold was mighty fine.
The CPI 13.3.
A bad, bad year for thou and she.

Yes, bad, bad year for thou and she,
But good, good year for him and me
Because with winter getting cold,
We called our broker, bought some gold.

By Jan. of ’80, very nice.
We bought the paper, checked the price.
We bought the paper, checked the date.
Gold price was up by 3.8.

Oh, golly, gee, shades of Al Gore.
It multiplied by almost 4.
And we were happy, sakes alive.
It hit a peak, 875.

So what will happen, years to come?
When CPI is on the run?
We’ll see a bullish move in gold,
And silver also will unfold.

July a breakout came in wheat,
Which maketh up the food we eat.
And reader do not be forlorn.
Another breakout looms in corm.

All eyes are now on HUI,
And we are not about to cry.
Ascending triangle in place.
Bernanke we are in your face.

The price objective line stands tall.
It rises fast; it does not fall.
In span of 2 years I will cry,
8,000 in the HUI.

8,000 HUI comes soon.
Gold stocks going to the moon.
And then all gold bugs will be rich.
But rest of country in the ditch.

Ascending triangle in gear.
Breakout looking very near.
My guess, October or Novem,
A breakout that will be a gem.

One problem that doth folks perplex,
Some action in CDNX.
The junior golds, I’ll tell you how,
Are acting better than the Dow.

And when these junior golds get hot,
Then you will be so glad you bought.
They gather strength, and then they fly.
And you’ll be glad that you did buy.

Republicans now look true blue,
In House and maybe Senate too.
The changes now in old D.C.
Portend big things for you and me.

Is balanced budget coming through?
Is gold standard the thing to do?
Is Fed permitted or allowed?
How do we make the nation proud?

To answer questions, here’s the gist:
The One-handed Economist.
Fortnightly letter, out we send,
Which forecasts what facts now portend.

I thank you, sir, for reading song.
Hope you and I will get along.
Gold’s going up; I tell you that’s
The honest truth from

                      Howie Katz

[87]

There's been this assertion going around that businesses aren't hiring because of uncertainty about taxes, the cost of the new health insurance, and so on and so forth.
 
There's no uncertainty, the laws are set down in black and white and these companies have their lawyers to read the law to them.
 
Am I to believe that businessmen are so chicken? If they're not hiring, it's because business is slow, because demand is still down. And I think there's some sort of Chamber of Commerce BS in the air, to play politics and blame Obama and Congress.
 
But then, it is possible to see the glass half full. I see that in the jobs report the private sector hired 64,000 last month, and unemployment ticked up 0.1 to 9.6% because people who had given up finding work, are resuming the search.
 
Resuming the search? Does that mean jobseeker confidence is up? Why might that be?
 
On the other hand, if the situation is really so bad, go ahead, elect your Boner Congress. They won't cut spending, they won't create jobs, they will crater GOP popularity and Obama will be an even more certain shoo-in in 2012.