Title: Economy sux arse
Creeping_Malaise - September 26, 2006 05:05 PM (GMT)
| QUOTE |
| WASHINGTON (MarketWatch) -- U.S. consumer confidence rebounded in September, the Conference Board said Tuesday. The consumer confidence index rose to 104.5 in September after falling to a revised nine-month low of 100.2 in August. The rebound was stronger than expected. Economists forecast the index to rise to 102.7 from the initial August reading of 99.6. Lower gasoline prices were seen as a factor improving confidence. The present situation index rose to 127.7 from 123.9, while the expectations index increased to 89.0 from 84.4. Inflation expectations eased in September. Expectations of inflation in the next year fell to 4.9 in September from 5.5 in August. This is the lowest level since March. |
I love how the media is trying to portray the economy as faltering, simply based upon the real estate market cooling off. but hey, I guess when you go from 110MPH to 95MPH it's not fair to say you're still driving damn fast.
my favorite part is people complaining constantly about real estate prices getting too high, people being priced out of their homes, etc.
now? they're complaining about the market subsiding and prices falling some.
conclusion: Americans like to bitch and moan.
no one in particular - September 26, 2006 06:28 PM (GMT)
| QUOTE |
| the media is trying to portray the economy as faltering |
link? The marketwatch abstract is titled: U.S. Sept consumer confidence rises to 104.5 vs 100.2 Aug
and included "The rebound was stronger than expected."
| QUOTE |
| simply based upon the real estate market cooling off |
Not even one mention here about the real estate market.
| QUOTE |
my favorite part is people complaining constantly about real estate prices getting too high, people being priced out of their homes, etc.
now? they're complaining about the market subsiding and prices falling some. |
Link?
And for your up-is-down brain... rising real estate prices don't "price people out of their homes"... they improve the position of people "in their homes". They may price people out of buying NEW homes. And it would be a whole seperate group that complain about rising/falling real estate markets. If prices are falling, then folks ALREADY IN homes would be the ones complaining.
| QUOTE |
| conclusion: Americans like to bitch and moan. |
Conclusion: you're a whiny pussy who likes to bitch and moan.
Projection is all you know.
Creeping_Malaise - September 26, 2006 06:40 PM (GMT)
| QUOTE |
| And for your up-is-down brain... rising real estate prices don't "price people out of their homes"... |
LOL
I guess property taxes aren't linked to property valuation.
| QUOTE |
the media is trying to portray the economy as faltering
link? |
head. in. sand.
deny deny deny. all for arguing just to argue.
Creeping_Malaise - September 26, 2006 06:43 PM (GMT)
| QUOTE |
One out of three Americans fear that rising monthly payments — especially property taxes and energy costs — will force them to sell their home and buy a less expensive one, according to a survey to be released today by the National Association of Realtors.
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no one in particular - September 26, 2006 06:44 PM (GMT)
admit it moron... you barfed this nonsense just to have something to whine about.
| QUOTE |
LOL
I guess property taxes aren't linked to property valuation. |
Yeah, the extra couple hundred dollars per year in increased property taxes (IF, and that's a big IF, your property happens to be reassessed) is a big deal to someone who just increased their equity by tens of thousands of dollars, if not more.
Keep backpedaling though, it makes it completey apparent that you're a blowhard with nothing to actually say.
| QUOTE |
head. in. sand.
deny deny deny. all for arguing just to argue. |
You made the assertion. Back it up. Show me how "the media" are "trying to portray" the economy as faltering. Link time, blowhard.
no one in particular - September 26, 2006 06:47 PM (GMT)
| QUOTE (Creeping_Malaise @ Sep 26 2006, 02:43 PM) |
http://www.usatoday.com/money/economy/hous...omes-usat_x.htm
| QUOTE | One out of three Americans fear that rising monthly payments — especially property taxes and energy costs — will force them to sell their home and buy a less expensive one, according to a survey to be released today by the National Association of Realtors.
|
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nothing about rising property values... 1 in 3 concerned about RISING MONTHLY PAYMENTS, a factor wholly seperate from rising property values... and totally disparate. And the ENERGY COSTS are the monthly payment driver anyway, not property taxes. So, nice try googling and fining more irrelevance. Try staying on point though.
Creeping_Malaise - September 26, 2006 06:51 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 02:47 PM) |
| QUOTE (Creeping_Malaise @ Sep 26 2006, 02:43 PM) | http://www.usatoday.com/money/economy/hous...omes-usat_x.htm
| QUOTE | One out of three Americans fear that rising monthly payments — especially property taxes and energy costs — will force them to sell their home and buy a less expensive one, according to a survey to be released today by the National Association of Realtors.
|
|
nothing about rising property values... 1 in 3 concerned about RISING MONTHLY PAYMENTS, a factor wholly seperate from rising property values... and totally disparate. And the ENERGY COSTS are the monthly payment driver anyway, not property taxes. So, nice try googling and fining more irrelevance. Try staying on point though.
|
LOL
that's why it directly states that rising property taxes are one of the two concerns. funny how you ignored the specific part that proves my earlier assertion.
and as to your previous comment, property taxes for many people have gone up far more than a few hundred dollars a year.
argue just to argue, because you hate me.
| QUOTE |
| You made the assertion. Back it up. Show me how "the media" are "trying to portray" the economy as faltering. Link time, blowhard. |
it's more than just links on the web - it's TV and newspapers as well. if you're so unaware of the media's attitude toward the economy, throwing around words like recession (because of the slowing housing market) then a couple links aren't going to help you.
to quote you: "go find out for yourself."
no one in particular - September 26, 2006 06:59 PM (GMT)
| QUOTE |
| that's why it directly states that rising property taxes are one of the two concerns. funny how you ignored the specific part that proves my earlier assertion. |
rises in property taxes don't price people out of their homes moron... MAYBE in the case of a fixed income/retired person who can't afford to pay their property taxes, or aren't escrowing. But an increase in taxes means a much larger increase in value. For someone sitting in a home that's a non-issue. If/when they sell they're in a much better position. If they're not happy with their valuation or feel that it's higher than it should be, then they can appeal it. What you posted was not justification for what you said.
Also, 1 in 3 on what appears to be a poorly-worded combo question. You are the definition of weaksauce.
| QUOTE |
| property taxes for many people have gone up far more than a few hundred dollars a year. |
Great. Then their property value went up tens of thousands of dollars, if not upwards of 100k, depending on who's taxing the property. Regardless, this person stands to make far more off the sale of their property than they ever would lose to encumber a few months worth of taxes.
| QUOTE |
it's more than just links on the web - it's TV and newspapers as well. if you're so unaware of the media's attitude toward the economy, throwing around words like recession (because of the slowing housing market) then a couple links aren't going to help you.
to quote you: "go find out for yourself." |
Go find out something that is your faulty perception? Nice try dumbass. It's your assertion... support it. What? You can't? Weird.
Creeping_Malaise - September 26, 2006 07:01 PM (GMT)
on property tax fears...
http://www.google.com/search?hl=en&q=rising+property+taxeson media portraying economy as shaky...
http://news.google.com/news?hl=en&tab=wn&i...&q=US+recessionhttp://news.google.com/news?hl=en&tab=wn&i...economy+slowingconversely, if you google things like "economy growing" and "economy booming" you don't find much if anything about the US.
Creeping_Malaise - September 26, 2006 07:03 PM (GMT)
| QUOTE |
| rises in property taxes don't price people out of their homes moron |
they do if they can't afford to pay them any more.
| QUOTE |
| Then their property value went up tens of thousands of dollars, if not upwards of 100k, depending on who's taxing the property. Regardless, this person stands to make far more off the sale of their property than they ever would to encumber a few months worth of taxes. |
that's if they sell. the point here is for people who don't want to sell, or can't sell because they can't afford the hiked up property taxes on a newly purchased home.
pretend you don't understand this. argue just to argue.
| QUOTE |
| Go find out something that is your faulty perception? Nice try dumbass. It's your assertion... support it. What? You can't? Weird. |
yet I just did. imagine that.
no one in particular - September 26, 2006 07:11 PM (GMT)
don't bother reading your links or anything... since they prove you wrong. What's funnier: You googled US recession, with no limiters or qualifiers and got a whole shit load of more irrelevance. But what you DID get was a lot of this:
“In the unlikely event the US economy slips into recession...
"We think the economy is not going into recession...
"I think it's early to talk about a recession."
“Investors are feeling better about their personal finances, but they show mixed feelings about the national investment climate with the majority believing we are experiencing a slowdown (56%) or recession (9%).”
and that's just the first page. What a dumbshit.
Not to mention, it would be irresponsible for a true economist not to speculate on the possibility of a future recession as the real estate market slows down... LOL Man, you're dumb.
Creep, you are woefully inept at recognizing relevance.
Frustrating too, since you can't fix stupid.
Creeping_Malaise - September 26, 2006 07:15 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 03:11 PM) |
don't bother reading your links or anything... since they prove you wrong. What's funnier: You googled US recession, with no limiters or qualifiers and got a whole shit load of more irrelevance. But what you DID get was a lot of this:
“In the unlikely event the US economy slips into recession...
"We think the economy is not going into recession...
"I think it's early to talk about a recession."
“Investors are feeling better about their personal finances, but they show mixed feelings about the national investment climate with the majority believing we are experiencing a slowdown (56%) or recession (9%).”
and that's just the first page. What a dumbshit.
Not to mention, it would be irresponsible for a true economist not to speculate on the possibility of a future recession as the real estate market slows down... LOL Man, you're dumb.
Creep, you are woefully inept at recognizing relevance.
Frustrating too, since you can't fix stupid. |
are there some irrelevant documents that come up in searches? of course. welcome to searching the WWW. but hey, let's focus on that instead of the relevant ones.
| QUOTE |
Oil prices tumble over fears of US recession
Spectre of US recession: GCC could be hit hard
HSBC warns of growing risks on US recession
US recession won't drag down other countries, report says
US Recession on Horizon, Morgan Stanley's Xie Says (Update2)
CFOs see 33 pct chance of US recession in 12 months-survey |
for all the uncertainties and maybes, there sure are a lot of headlines that don't exude the uncertainty. that's the point, and you know it.
no one in particular - September 26, 2006 07:22 PM (GMT)
and NONE of these are the media 'portraying' anything that isn't true...
Oil prices tumble over fears of US recession <-- absolutley true... analysts and petrol traders are saying this, not the media.
Spectre of US recession: GCC could be hit hard <--- more WARRANTED oil based speculation, learn what GCC stands for.
HSBC warns of growing risks on US recession <--- HSBC warns of, not the media
US recession won't drag down other countries, report says <--- report says
US Recession on Horizon, Morgan Stanley's Xie Says (Update2) <-- Morgan Stanley's Xie says
CFOs see 33 pct chance of US recession in 12 months-survey <-- 33% chance, based on a CFO survey
Creep, you are WEAKSAUCE through and through.
Creeping_Malaise - September 26, 2006 07:25 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 03:22 PM) |
and NONE of these are the media 'portraying' anything that isn't true...
Oil prices tumble over fears of US recession <-- absolutley true... analysts and petrol traders are saying this, not the media.
Spectre of US recession: GCC could be hit hard <--- more WARRANTED oil based speculation, learn what GCC stands for.
HSBC warns of growing risks on US recession <--- HSBC warns of, not the media
US recession won't drag down other countries, report says <--- report says
US Recession on Horizon, Morgan Stanley's Xie Says (Update2) <-- Morgan Stanley's Xie says
CFOs see 33 pct chance of US recession in 12 months-survey <-- 33% chance, based on a CFO survey
Creep, you are WEAKSAUCE through and through. |
ugh. argue just to argue.
I never said they are printing things that aren't true. however, as you know, what they choose to print and not print, and how they write headlines, has an effect on the image they present.
no one in particular - September 26, 2006 07:28 PM (GMT)
ps, not only was your search criteria borderline retarded but you didn't even have it sorted by date. An elementary school reliance on Google shows more than your silly assertions Creep. You had an opportunity show something and you blew it... you performed an entirely irrelevant search and didn't sort it by date. Only funnier that it was sorted by its default "sort by relevance" and all you got was a shitload of irrelevance. LOL
Creeping_Malaise - September 26, 2006 07:29 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 03:28 PM) |
| ps, not only was your search criteria borderline retarded but you didn't even have it sorted by date. An elementary school reliance on Google shows more than your silly assertions Creep. You had an opportunity show something and you blew it... you performed an entirely irrelevant search and didn't sort it by date. Only funnier that it was sorted by its default "sort by relevance" and all you got was a shitload of irrelevance. LOL |
deny that you are aware on your own that the tone in the media has consistently been negative on the economy.
argue just to argue.
no one in particular - September 26, 2006 07:30 PM (GMT)
| QUOTE (Creeping_Malaise @ Sep 26 2006, 03:25 PM) |
I never said they are printing things that aren't true. however, as you know, what they choose to print and not print, and how they write headlines, has an effect on the image they present. |
No, you said the media was trying to "portray" that the economy was faltering, and yet... nothing you posted, and nothing within your poorly-defined search was either unscrupulously or even dubiously, titled.
Weaksauce.
Creeping_Malaise - September 26, 2006 07:32 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 03:30 PM) |
| QUOTE (Creeping_Malaise @ Sep 26 2006, 03:25 PM) | I never said they are printing things that aren't true. however, as you know, what they choose to print and not print, and how they write headlines, has an effect on the image they present. |
No, you said the media was trying to "portray" that the economy was faltering, and yet... nothing you posted, and nothing within your poorly-defined search was either unscrupulously or even dubiously, titled.
Weaksauce.
|
when did I say anything was unscrupulous or dubious? I didn't.
it's not about reporting false facts, it's about them being selective in which facts to print and the tone they use, how they write headlines, etc.
are you seriously trying to deny that the media's tone on the economy has been consistently negative?
no one in particular - September 26, 2006 07:37 PM (GMT)
| QUOTE (Creeping_Malaise @ Sep 26 2006, 03:29 PM) |
| deny that you are aware on your own that the tone in the media has consistently been negative on the economy. |
Wrong. And, since I’m married to the daughter of the managing editor of Bloomberg Business News’ Washington Bureau, I probably would have picked up on a vast economic conspiracy by now. But there ain’t one.
no one in particular - September 26, 2006 07:38 PM (GMT)
| QUOTE (Creeping_Malaise @ Sep 26 2006, 03:32 PM) |
it's not about reporting false facts, it's about them being selective in which facts to print and the tone they use, how they write headlines, etc.
are you seriously trying to deny that the media's tone on the economy has been consistently negative? |
I'm saying that when you post:
conclusion: Americans like to bitch and moan.
you're talking about yourself.
Creeping_Malaise - September 26, 2006 07:57 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 03:37 PM) |
| Wrong. And, since I’m married to the daughter of the managing editor of Bloomberg Business News’ Washington Bureau, I probably would have picked up on a vast economic conspiracy by now. But there ain’t one. |
when did I say there's a conspiracy? you've sure got yourself an army of strawmen set up in this thread...
no one in particular - September 26, 2006 08:16 PM (GMT)
No strawman whatsoever. You're IMPLYING a conspiracy by suggesting there's a deliberate media-wide misportrayal of current economic conditions.
Creeping_Malaise - September 26, 2006 08:19 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 04:16 PM) |
| No strawman whatsoever. You're IMPLYING a conspiracy by suggesting there's a deliberate media-wide misportrayal of current economic conditions. |
conspiracy would indicate they're all working together on it. I suspect no such thing, and have not said any such thing.
nor have I said the perspective they push is intentional. as I have said many times, I have abandoned "media bias" in favor of what I consider more accurate: "piss poor media"
in other words, it's not intentional, there is simply a serious lack of journalistic skill and far too much focus on negative-doom-and-gloom-to-get-reader-attention.
no one in particular - September 26, 2006 09:18 PM (GMT)
You seize upon cliches and rhetoric... they're fuel for your motormouth. Sounds to me like you're into those "broad brushes" and "sweeping generalizations" (your mantras, not mine). Don't like the tone and/or tenor of your market reporting? Find a better source.
Next time though, if all you want to do is whine and cry about something, at lease ensure that what you're posting supports what you're whining about.
Merton-Flemmer - September 26, 2006 09:58 PM (GMT)
| QUOTE (no one in particular @ Sep 26 2006, 09:18 PM) |
You seize upon cliches and rhetoric... they're fuel for your motormouth. Sounds to me like you're into those "broad brushes" and "sweeping generalizations" (your mantras, not mine). Don't like the tone and/or tenor of your market reporting? Find a better source.
Next time though, if all you want to do is whine and cry about something, at lease ensure that what you're posting supports what you're whining about. |
Fight the good fight.
RAWR!
no one in particular - September 26, 2006 10:09 PM (GMT)
petervonnostrand - September 28, 2006 07:23 PM (GMT)
Geez, NOIP, I think I'm aroused...
i was looking for something to add, but "amen" was about it...
no one in particular - September 29, 2006 02:07 PM (GMT)
did you just grab my ass?
JohnDough - October 29, 2009 06:31 PM (GMT)
| QUOTE (Creeping_Malaise @ Sep 26 2006, 10:05 AM) |
http://www.marketwatch.com/News/Story/Stor...r&siteid=google
I love how the media is trying to portray the economy as faltering, simply based upon the real estate market cooling off. but hey, I guess when you go from 110MPH to 95MPH it's not fair to say you're still driving damn fast.
my favorite part is people complaining constantly about real estate prices getting too high, people being priced out of their homes, etc.
now? they're complaining about the market subsiding and prices falling some.
conclusion: Americans like to bitch and moan. |
Love this one!