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News: "Search the scriptures; for in them ye think ye have eternal life: and they are they which testify of me." John 5:39 (KJB)
 
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"For when they shall say, Peace and safety..."

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August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
http://www.naturalnews.com/2017-08-11-new-fda-approved-hepatitis-b-vaccine-found-to-increase-heart-attack-risk-by-700.html
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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« on: January 04, 2012, 09:47:12 am »

12/29/11

http://www.nola.com/politics/index.ssf/2011/12/most_americans_optimistic_abou.html

Americans are hopeful for what 2012 will bring for their families and the country, according to a new Associated Press-GfK poll, though most say 2011 was a year they would rather forget. Nearly seven in 10 say the year gone by was a bad one, more than double those who consider it a success, according to the poll. But 62 percent are optimistic about what 2012 will bring for the nation, and more, 78 percent, are hopeful about the year their family will have in 2012.

Jeff Wolfe, 33, of Farmington, W.Va., said 2011 treated him well because he was able to find steady work as a lineman. But for the rest of the nation, things were "pretty rough," with so many Americans looking for jobs, he noted.
 
"For the first time since 2009, I worked all year," he said. Wolfe said he lost work in 2008 and again in 2010. But in 2011, the father of two school-age children said he was able to catch up on bills, buy his wife a new car and renovate his home.
 
Overall, the poll found 68 percent of Americans described 2011 as a bad year, compared with 29 percent who felt it was a good one.
 
A partisan divide, much like the one that ruled Washington this year, seems the only split in public opinion on 2011. Democrats were most likely to view 2011 positively (40 percent called it good), while independents and Republicans were less effusive. Beyond that, the poll found general agreement that 2011 is best left in the past.
 
Mary Burke, 57, of Ridgeland, S.C., felt economic pain in 2011. She saw prices rise for all of her expenses, from her light bill to groceries. "Paying $5 for a jar of mayonnaise is outrageous," she said.
 
Food and gas prices surged in 2011, but the most recent Consumer Price Index shows inflation leveling off. November statistics from the government showed a year-over-year inflation rate of 3.4 percent, the smallest such rise since April.
 
The AP-GfK poll found consumers are sensing the change. Just 18 percent of adults expect consumer prices to rise at a faster pace in the coming year, the lowest share to say so since the poll first asked the question in March. Most (51 percent) expect prices to rise at the same rate or more slowly.
 
And as the nation's economic fortunes overall appear to be tilting slightly positive, the public's expectations for the economy in the coming year are at their highest point since spring. According to the poll, 37 percent expect economic improvement in the next 12 months, compared with 24 percent who think the economy will slide downhill. That's the first time since May that significantly more people said things will get better than get worse.
 
On a personal level, 36 percent think their household's financial situation will improve over the next 12 months, while 11 percent think it will worsen. Americans' financial ebbs and flows affect their personal outlook for 2012. Those whose households have faced a job loss in the past six months or who describe their current financial situation as poor are less optimistic about what 2012 holds for them and their families than others, though that does not carry over to their forecast for the nation in 2012.
 
Optimism about the nation's path varies with views of the economy's direction. Those who say things have looked better in the past month are generally optimistic (79 percent), while just half of those who say things are getting worse feel positive about what 2012 holds for the country. And about 6 in 10 of those who distrust the two major political parties to handle the economy or job creation are pessimistic about how 2012 will turn out for the nation.
 
Burke said she is angered by politicians in Washington who she believes fail to look out for the interests of the American people.
 
"They don't care about me and you," she said. "They only care how they are going to line their pockets." As for the economy and nation improving in 2012, she said, "I pray and hope."
 
The partisan divide in impressions of 2011 persists in the outlook for 2012, with Democrats more optimistic than either Republicans or independents. But expectations for next year's presidential contest appear not to be a factor. Most partisans on both sides foresee victory for their side in the November 2012 presidential election: Three-quarters of Democrats say they think President Barack Obama will win re-election; three-quarters of Republicans say he will not.
 
The Associated Press-GfK Poll was conducted Dec. 8-12 by GfK Roper Public Affairs and Corporate Communications. It involved landline and cellphone interviews with 1,000 adults nationwide and has a margin of sampling error of plus or minus 4 percentage points.
 
Jennifer Agiesta, Associated Press
 
Associated Press writer Stacy A. Anderson contributed to this report.

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« Reply #1 on: March 15, 2012, 05:51:59 pm »

While this article gets into the gritty details, for the most part, the *news headlines* concerning the unemployment rate is *good news*.

http://www.huffingtonpost.com/2012/03/09/unemployment-rate-jobs-report_n_1334329.html

Unemployment Rate "Holds Steady", Jobs Report For February 2012

It's not hitting home runs or anything, but the job market is starting to put together a hitting streak of solid singles and doubles.

The economy clocked in a third straight month of decent job growth in February, keeping unemployment steady, the government said Friday.

It was not exactly the spectacular report many on Wall Street were drooling for. And there is still a long way to go to close the gap in what has been the slowest job-market recovery since World War II.

You will not hear loud cheering from the 12.8 million people still unemployed today, up from less than 7 million before the recession began in 2007. Payrolls are still down by 5 million jobs from their peak.

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« Reply #2 on: March 15, 2012, 05:53:55 pm »

http://news.yahoo.com/unemployment-applications-way-down-last-weeks-spike-124845276.html

Unemployment Applications "Way Down" After Last Week's Spike

The national unemployment rate held steady last month, but the weekly number of people applying for unemployment benefits for the first time has been fluctuating pretty widely, falling by 14,000 in the last week after the previous week's gain of 8,000.

According to the U.S. Department of Labor, 351,000 people applied for unemployment benefits for the first time last week, down from the previous week's revised figure of 365,000. The four-week moving average stayed unchanged at 355,750. The drop over the past week puts the weekly first time unemployment applications back down to the early 2008 levels they hit in February, Reuters noted, calling the weekly reports "a hopeful sign for the labor market, which has enjoyed three straight months of employment gains above 200,000."

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« Reply #3 on: March 15, 2012, 05:57:54 pm »

http://news.yahoo.com/obamas-approval-rating-50-percent-reuters-ipsos-poll-010138405.html

Obama's approval rating up to 50 percent: Reuters/Ipsos poll

WASHINGTON (Reuters) - For the first time since early July, more Americans approve of the job President Barack Obama is doing than disapprove, according to a new Reuters/Ipsos poll that shows his approval rating now at 50 percent.

The poll, taken March 8-11 on the heels of reports that 227,000 jobs were added to the U.S. economy in February, indicates that Obama's rating has risen by 2 percentage points during the past month. The percentage of Americans who disapprove of the Democratic president was 48 percent, down from 49 percent in February.

Some other polls have shown a recent dip in Obama's approval rating, and linked that to rising gasoline prices.

But for most Americans, other economic trends during the past month have been relatively positive. Obama appears to be benefiting from that, and perhaps from a bitter Republican presidential campaign that at times has focused on divisive social issues such as abortion.

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« Reply #4 on: March 15, 2012, 06:00:22 pm »

This seems to be the typical "bad news du jour" on the MSM...

Another twist in Dwight Howard saga

Dwight Howard will remain with the Orlando Magic for at least one more season after formally waiving the early termination option in his contract.

Howard’s decision is a big victory for the Magic and capped a wild week that saw Howard flip-flop about his future intentions until the final hours before the NBA’s trade deadline. By waiving the option, Howard will remain under contract with the Magic through the 2012-13 season and postpone his free agency for at least one more summer.

“I’m glad this is finally over with,” Howard said at a news conference to announce his decision.

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http://sports.yahoo.com/nba/news?slug=aw-wojnarowski_dwight_howard_magic_031412
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« Reply #5 on: March 15, 2012, 06:32:38 pm »

Pretty much, this thread centers around all the pseudo-good news and the types of "bad news" that gives the masses in this world a misperception that somehow everything's getting better and better and on the right track.

Look how deceptively they've made recent economic reports look(despite the fact the current President has run up record debts). With all the "false flag" rumors that have come about during Obama's term, and nothing happening...over the long haul, look how it's built up Obama as this "leader who's kept this country uber-safe"(ie-with all the accolades Bush Jr got for "keeping us safe after 9/11"...no wonder why Obama has gotten even more accolades). Pretty much more rotten fruit.

Would also like to include here any pseudo-good news concerning the modern-day church, so please look out for this too.

Also, when you look at the "bad news", if the Dwight Howard-saga in Orlando is the "worst" news out there now...then everything is getting better and better, right? Undecided And you can throw in all the Peyton Manning speculations going on all week as well(which I'll admit I've been keeping up with too.  Wink )
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« Reply #6 on: March 15, 2012, 08:47:08 pm »

And somehow the DOW is at 13K and counting? Roll Eyes

NYSE program trading volume, overall activity down
15 March 2012, By Nathalie Tadena (MarketWatch)
http://www.marketwatch.com/story/nyse-program-trading-volume-overall-activity-down-2012-03-15

Program trading activity dropped on the New York Stock Exchange last week as overall volume also fell, according to the latest data from the NYSE Euronext unit.

For the week ended March 9, average daily program trading volume totaled 454.5 million shares, making up roughly 29% of the average daily total volume.

A week earlier, program trading totaled 586.3 million shares, about 34% of the average daily volume.

For the latest week, average daily total volume totaled 1.55 billion shares, down from the prior week's 1.74 billion shares.

The most active NYSE member firm for program trading last week was Morgan Stanley, followed by Goldman Sachs Group Inc..

Program trading encompasses a wide range of portfolio trading strategies involving the purchase or sale of a basket of at least 15 stocks.
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« Reply #7 on: March 16, 2012, 04:01:58 pm »

Task Force set for long stay in Greece



The European Commission's special task force providing assistance to the Greek government as it struggles to rebuild its economy has rented an entire building in central Athens on a 12-year lease.

It implies it will be a central feature in Greek politics and the economy for a long time. Its latest report says progress has been made. Undecided

"PSI, (bond swaps), and the negotiations about the 2nd support program for Greece have eliminated some of the uncertainties over Greek development and it's now possible to have a new start," said Task Force leader Horst Reichenbach.

The IMF, another key player in the bailout, has its own team in Athens in the Central Bank building, whereas the task force's 45 members will work closely with 30 Greek ministries.

The IMF has stumped up a new four-year 28 billion euro loan.

With the aim of cutting Greek debt from 160% of GDP to 120% by 2020, across-the-board deregulation is to be implemented in labour, public services, and product markets, tax and social security legislation, the licencing system, and state control of the productive apparatus.
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« Reply #8 on: March 16, 2012, 07:07:03 pm »

http://news.yahoo.com/p-ends-over-1-400-first-time-since-024934096.html

S&P 500 ends best week since December with quiet day

NEW YORK (Reuters) - The S&P 500 closed out its best week in three months with a slim gain on Friday as investors continued to propel equities near four-year highs.

Two slightly softer economic reports curbed broader gains, keeping both the Dow and the Nasdaq in modestly negative territory. The Dow broke a string of seven straight gains. Had it closed higher, it would have marked the Dow's longest such run in more than a year.

The benchmark Standard & Poor's 500 index rose for a fifth straight week, gaining 2.4 percent in its best weekly performance since mid-December. Investors, buoyant over the economic outlook, have pushed the S&P above 1,400 to its highest level since May 2008 after a surge of almost 30 percent from its most recent closing low on October 3.

Energy shares were the big gainers of the day. The S&P energy index <.GSPE> rose 1.2 percent in sync with a jump in crude prices, which advanced on continuing tensions over Iran's disputed nuclear program and the potential for supply disruptions in the region. Occidental Petroleum rose 1.7 percent to $100.58.

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« Reply #9 on: March 17, 2012, 07:37:19 pm »

Yet another "24/7 bad news of the day" item...

http://abcnews.go.com/Sports/wireStory/mccollum-leads-lehigh-75-70-upset-win-duke-15941860

Duke Upset by Lehigh in NCAA Tournament

Mike Krzyzewski knew this year's Duke team had its flaws.
 
Several of them hurt the Blue Devils in a big way on Friday night.
 
Austin Rivers and Mason Plumlee had 19 points apiece, but Duke struggled from 3-point range and lost 75-70 to Lehigh to become the second No. 2 seed to lose to a 15 during a wild day in the NCAA tournament.
 
The Blue Devils, who relied on the 3-point shot this season, went 6 for 26 from behind the arc and another speedy guard sliced through their defense. This time it was C.J. McCollum, who finished with 30 points.
 
"We're not a juggernaut or anything like that," Krzyzewski said. "We have known that throughout the whole season. You have to do it pretty precise, and we just didn't play well offensively the last few weeks of the season. Actually we got better defensively, but offensively we just weren't there."
 
Duke's players were stunned.
 
"It's just ... we all could've done more, man," Rivers said. "I never thought I'd be saying this after tonight."
 
Duke struggled all year long to meet its considerable standards, losing three games at home — a rarity in the Krzyzewski era. Despite the uneven play, the Blue Devils managed to stay in the top 10 in the polls.
 
A dramatic come-from-behind win over North Carolina on the road might have masked some problems.

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« Reply #10 on: March 18, 2012, 07:36:10 pm »

http://www.msnbc.msn.com/id/46765791/ns/business-stocks_and_economy/

Can this stock market rally keep chugging along?

The VIX, Wall Street's fear gauge, has plunged to a five-year low


NEW YORK — Investors are beginning to wonder if this Energizer Bunny of a rally can just keep going without taking a break or a fall.

Every Friday for the past couple of months, the question has hung in the back of investors' minds: Is the stock market's rally strong enough to continue without a correction?

Even with the S&P 500 above levels unseen since before the financial crisis, the answer remains: Yes.

The broad market index broke through 1,400 -- a psychologically important level -- for the first time in four years this week. On Friday, the S&P 500 closed at 1,404.17, its highest since May 20, 2008. The index is up for nine out of the past 10 weeks.

"We are seeing this unbelievable rally in the market and yet the market is unbelievably complacent. We haven't been this bullish for a long time," said Randy Frederick, director of trading and derivatives at the Schwab Center for Financial Research, based in Austin, Texas.

Indeed, the CBOE Volatility Index or VIX, Wall Street's fear gauge, plunged to a five-year low despite the S&P 500's stunning gain of 12 percent for the year so far. The VIX measures the expected volatility in the S&P 500 index over the next 30 days and generally moves in the opposite direction of the broad market. Investors often use VIX options and futures as a hedge against a market decline.

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« Reply #11 on: March 19, 2012, 08:19:49 pm »

http://news.yahoo.com/blogs/envoy/israel-hearts-iran-peace-campaign-takes-off-facebook-160645131.html

Israel ‘hearts’ Iran: Peace campaign takes off on Facebook





Amid rising fears of an Israeli strike on Iran, an Israeli couple's lonely peace bid has become a surprise hit on Facebook.

The couple, graphic designers Ronnie Edri and Michal Tamir, decided on Saturday "to cut across the growing anxiety and fear over the possibility of an Israel-Iran war, and address Iranian citizens directly," Dimi Reider first reported in Israeli online magazine +972 (named for the country code for Israel) on Sunday.

So they uploaded to Facebook posters featuring smiling photos of themselves—ordinary Israeli citizens with their children—pledging their love for the Iranian people and assuring everyone that Israel will not bomb Iran. "Iranians, we will never bomb your country, we [heart] you," the posters, featuring smiling families, say.

"I'm not an official representative of my country," Edri wrote in his Facebook post to the Iranian people, explaining that he's just a father and a teacher, Israeli newspaper Haaretz reported Monday. And continued: "We love you. We mean you no harm. On the contrary, we want to meet, have some coffee and talk about sports."

Most surprisingly, the "Israeli hearts Iran" peace offering has now been met by an "Iranians love Israel" return solidarity campaign on Facebook. "We love you, Israeli people! The Iranian people do not like war with any country," a poster uploaded to Facebook states.

It's unclear how representative the campaign is of Israeli-Iranian public sentiment overall given the fear of war and official hostility between the respective governments. But Edri and Tamir say they've "received hundreds of private messages from Iranians saying they were deeply moved by the campaign," Reider reports. Now arch-enemies, Israel and Iran were allies until the 1979 Islamic revolution that overthrew the Shah of Iran. Iran still has one of the larger Jewish populations in the Middle East outside of Israel.

"I thought that when you're constantly surrounded by talk of threats and war, you are so stressed and afraid that you crawl into a sort of shell," Edri told Haaretz Monday. "So I thought, 'Why not try to reach the other side; to bypass the generals and see if they [Iranians] really hate me?'"

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« Reply #12 on: March 22, 2012, 10:22:31 am »

Be ye not deceived...

http://finance.yahoo.com/news/jobless-claims-fall-four-low-123230460.html

Jobless claims fall to four year low

WASHINGTON (Reuters) - The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction.

Initial claims for state unemployment benefits fell 5,000 to a seasonally adjusted 348,000, the lowest level since February 2008, the Labor Department said on Thursday. Economists polled by Reuters had forecast claims rising to 354,000 last week.

A separate report showed a gauge of future U.S. economic activity rose solidly in February, pointing to strengthening growth even as China slows. Some euro zone economies are already in recession.

"The economy is entering a phase where more of the gains from growth accrue to labor rather than capital and we believe that stronger job creation will be sustained throughout 2012," said John Ryding, chief economist at RDQ Economics in New York.

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« Reply #13 on: March 22, 2012, 10:27:12 am »

We're in the worst economy since the Great Depression, but en they're trying to entice everyone to get into more debt to go back to school?

http://education.yahoo.net/articles/degrees_employers_want.htm?kid=1LD58

College Degrees Employers Want Most
 
Find out why these five degrees are so in-demand with employers.

1. Business Administration

2. Engineering

3. Computer and Information Sciences

4. Accounting

5. Economics

-----------------------------------------------------------------------------------------------------------------

Speaking from someone who's an Accountant(and has a degree in CIS previously) - the job markets are DRY in these areas. FWIW, it wasn't all that great back in 2005 when I finished my Accounting studies.
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« Reply #14 on: March 22, 2012, 10:30:10 am »

Last week, the bad/hot news du jour of the week was the Dwight Howard-saga unrevelling in Orlando. This week? Looks like the New Orleans Saints and their "bountygate" took those honors.


Saints coach suspended for season over bounties
http://news.yahoo.com/saints-coach-suspended-season-over-bounties-221734416--spt.html

The New Orleans Saints' crush-for-cash bounty system already cost them head coach Sean Payton for all of next season and general manager Mickey Loomis for half of it, plus two second-round draft picks and a $500,000 fine.

Former Saints defensive coordinator Gregg Williams, who oversaw and contributed money to the illegal fund, was suspended indefinitely.

Unforgiving and unprecedented penalties Wednesday from an NFL determined to rid its sport of hits that aim to knock opponents out of a game.

Now Commissioner Roger Goodell will turn his attention to possible punishments for two dozen or so defensive players the league's investigation found were involved in the extra payouts that he called "particularly unusual and egregious" and "totally unacceptable."

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« Reply #15 on: March 22, 2012, 04:37:58 pm »

Last week, the bad/hot news du jour of the week was the Dwight Howard-saga unrevelling in Orlando. This week? Looks like the New Orleans Saints and their "bountygate" took those honors.


Saints coach suspended for season over bounties
http://news.yahoo.com/saints-coach-suspended-season-over-bounties-221734416--spt.html

The New Orleans Saints' crush-for-cash bounty system already cost them head coach Sean Payton for all of next season and general manager Mickey Loomis for half of it, plus two second-round draft picks and a $500,000 fine.

Former Saints defensive coordinator Gregg Williams, who oversaw and contributed money to the illegal fund, was suspended indefinitely.

Unforgiving and unprecedented penalties Wednesday from an NFL determined to rid its sport of hits that aim to knock opponents out of a game.

Now Commissioner Roger Goodell will turn his attention to possible punishments for two dozen or so defensive players the league's investigation found were involved in the extra payouts that he called "particularly unusual and egregious" and "totally unacceptable."

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I get the Dallas Morning News, and guess what, not only was this story on the front page today, but it also happened to be THE first story on the front page(when there are much bigger stories needing to be reported out there now).

Dunno if the DMN editors go to the Bilderberg meetings et al, but just something I noticed. Anyone else see this story on your respective newspapers's front page today?
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« Reply #16 on: March 24, 2012, 08:42:19 am »

Be ye not deceived...

http://news.yahoo.com/home-sales-slip-prices-8-month-high-143754718.html

Signs of recovery grow in housing market

3/23/12

WASHINGTON (Reuters) - The battered housing market looks to be on the mend as buyers make a tentative return and house prices stabilize.

Sales of new homes in February fell from January but jumped more than 11 percent compared with the same month last year and prices rose, according to data released on Friday that was in line with other recent signs of a slow recovery.

Big challenges lie ahead, most notably in the form of a glut of unsold properties - many of them foreclosures - and tight lending by banks. But even if the recovery is slow and bumpy, the worst of the six-year slump seems to be over.

"The housing market is slowly coming back. It's still a depressed market, but it's getting better. We have a long way to go," said Patrick Newport, an economist at Global Insight in Lexington, Massachusetts.

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« Reply #17 on: March 24, 2012, 09:00:17 am »

Be ye not deceived...

http://news.yahoo.com/home-sales-slip-prices-8-month-high-143754718.html

Signs of recovery grow in housing market

3/23/12

WASHINGTON (Reuters) - The battered housing market looks to be on the mend as buyers make a tentative return and house prices stabilize.

Sales of new homes in February fell from January but jumped more than 11 percent compared with the same month last year and prices rose, according to data released on Friday that was in line with other recent signs of a slow recovery.

Big challenges lie ahead, most notably in the form of a glut of unsold properties - many of them foreclosures - and tight lending by banks. But even if the recovery is slow and bumpy, the worst of the six-year slump seems to be over.

"The housing market is slowly coming back. It's still a depressed market, but it's getting better. We have a long way to go," said Patrick Newport, an economist at Global Insight in Lexington, Massachusetts.

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Oh really Roll Eyes

MISS: February New Home Sales Come In At 313k, January Numbers Revised Down
23 March 2012, by Sam Ro (Business Insider)
http://www.businessinsider.com/miss-february-new-home-sales-come-in-at-313k-january-numbers-revised-down-2012-3

February new home sales fell 1.6% to 313k at an annualized rate. Economists were expecting 325k.

Even worse, January's number of was revised down to 318k from a previous reading of 321k
.

From the Census Bureau:

Sales of new single-family houses in February 2012 were at a seasonally adjusted annual rate of 313,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

This is 1.6% (±23.9%)* below the revised January rate of 318,000, but is 11.4% (±17.8%)* above the February 2011 estimate of 281,000.

The median sales price of new houses sold in February 2012 was $233,700; the average sales price was $267,700.

The seasonally adjusted estimate of new houses for sale at the end of February was 150,000.

This represents a supply of 5.8 months at the current sales rate.

------------------------------------------------------------------------------------------------------------------------------------------------------

Please Highlight The Housing Recovery On The Following Chart
23 March 2012, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/news/please-highlight-housing-recovery-following-chart

...of New One Family Homes for Sale which at 150,000 is the lowest print... Ever.

And no, "it can only go up from 300,000, 250,000, 200,000, 150,000... 0" does not work with us.



Source http://research.stlouisfed.org/fred2/series/HNFSEPUSSA
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« Reply #18 on: March 24, 2012, 07:40:11 pm »

http://news.yahoo.com/optimistic-greece-says-eu-task-force-boss-132619020.html;_ylt=AoaxKdGLlkBssP5LBxAMnyfzWed_;_ylu=X3oDMTRvaDhlZGQ5BGNjb2RlA2dtcHRvcDEwMDBwb29sd2lraXVwcmVzdARtaXQDTmV3cyBmb3IgeW91BHBrZwM3NDI5NzE1Zi0zYmIwLTMxODEtYTJmMS0xYjI3NjgzNjA4MDkEcG9zAzEEc2VjA25ld3NfZm9yX3lvdQR2ZXIDY2RkYTg4YzAtNzViZi0xMWUxLTlkZWUtNmMyZGM0NjQ3YzRi;_ylg=X3oDMTNhcmpiMTkyBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDZmIzZjcxMjQtZmQ4NC0zY2U4LTlkODMtMzE5NzYwMWMwN2YyBHBzdGNhdANidXNpbmVzc3xlYXJuaW5ncwRwdANzdG9yeXBhZ2UEdGVzdAM-;_ylv=3

Optimistic on Greece, says EU task force boss

FRANKFURT (Reuters) - Greece is well on track in its efforts to improve how it monitors its finances, the head of the European Commission's special task force said, while adding that its banking system remained in difficulty.

"I am optimistic as never before," Horst Reichenbach told Austria's Passauer Neue Presse newspaper in an article published on Saturday.

"The segment in the finance ministry which is responsible for pensions has greatly improved," he noted.

Reichenbach, who heads the special task force to help rebuild the Greek economy, said carrying out sufficient tax audits at Greek companies and the country's wealthy population remained challenging.

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« Reply #19 on: March 29, 2012, 11:04:09 am »

Didn't they say this last week? Roll Eyes

http://finance.yahoo.com/news/us-jobless-claims-fall-lowest-125524336.html

US jobless claims fall to lowest level in 4 years
US unemployment aid applications hit lowest level in 4 years, evidence of stronger job market


WASHINGTON (AP) -- The number of people seeking U.S. unemployment benefits dropped last week to the lowest level in four years, adding to evidence that the job market is strengthening.

Applications for weekly unemployment benefits fell by 5,000 to a seasonally adjusted 359,000, the Labor Department said Thursday. That's the fewest applicants since April 2008. The four-week average, a less volatile measure, declined to 365,000 — the fewest for that measure since May 2008.

When unemployment benefit applications drop consistently below 375,000, it usually signals that hiring is strong enough to lower the unemployment rate. The decline has coincided with the best three months of hiring in two years.

The department made annual revisions to the past five years of data, which increased the number of applications in recent months and showed a slower decline. Still, even after the revisions, applications have fallen roughly 12 percent over the past six months.

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« Reply #20 on: March 29, 2012, 12:27:25 pm »

http://news.yahoo.com/blogs/around-the-world-abc-news/everyday-heroes-battle-against-aids-111547486.html

Everyday Heroes in "Battle Against Aids"

AIDS effects nations, continents and communities, but for people dealing with the disease every day, it's a personal battle they have to fight and come to terms with themselves.

Last week we looked at the global and political fight against AIDS. This week we turn our focus to three individuals on the front line, whose lives have all been changed by the disease.

Dr. David Ho was a young physician in Los Angeles trying to make a career for himself when he began seeing a mysterious disease effecting gay men. Since then, he has dedicated his career to AIDS research. In 1996 he was TIME magazine's Person of the Year for his work on the pioneering antiretroviral "****tail" that have made HIV a manageable disease.

Christina Pena has never known life without HIV. She contracted the disease at birth and joins us to share her experience as a 27-year old woman living her life HIV positive. A perspective that she uses to educate children living with HIV/AIDS as a Spokesperson for the Elizabeth Glaser Pediatric Aids Foundation.

Author Edmund White found out he was HIV positive while living in France in 1985. At that time a positive diagnosis was a virtual death sentence which saw White attend dozens of funerals for friends who succumbed to the disease in the 1980's. He's gone on to found the Gay Men's Health Crisis which is based near his home in New York City. His latest book, "Jack Holmes and his Friend," looks at the dynamics of heterosexual-homosexual friendship set against the backdrop of the AIDS crisis of the 1980's.

----------------------------------------------------------------------------------------------------------------------

^^

Mat_24:7  For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.

Luk_21:11  And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.


2Co_10:17  But he that glorieth, let him glory in the Lord.
« Last Edit: March 29, 2012, 12:30:54 pm by BornAgain2 » Report Spam   Logged
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« Reply #21 on: March 30, 2012, 04:15:54 pm »

http://money.msn.com/market-news/post.aspx?post=087cac64-3d67-4737-b94a-31c3ff49ba16

Dow, S&P 500 push to best 1st quarter since 1998

The Nasdaq slips but has its best start since 1991. Apple falls below $600. Heallthcare and energy shares lead the market. Consumer spending hits a 7-month high in February. A payments breach hits a credit-card processor. Oil and gold are higher.

Updated: 4:50 p.m. ET

It was a good month and a great quarter for investors as stocks ended March with their best first quarter performances since at least 1998.

The major averages moved higher in part due to improved consumer confidence and the largest gain in consumer spending in seven months.

At the same time, health care and energy stocks were the market leaders -- the former because of investor speculation that the Supreme Court will void part or all of the U.S. health care law. Higher oil prices boosted energy shares. Crude oil (-CL) settled up 24 cents to $103.02 a barrel.

The big question is how stocks will perform in the coming months. Stocks continued to rally into April in 2011 and April 2010 but slumped through the late spring and summer before a fall rally set in. While the quarter has been great, the market performance in March has been more subdued.

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« Reply #22 on: March 31, 2012, 09:09:20 pm »

http://finance.yahoo.com/news/state-unemployment-report-shows-widespread-152700749.html

3/30/12


State unemployment report shows widespread improvement

Unemployment fell in 29 states in February and rose in only eight, the government reported Friday, in another sign of broad improvement in the U.S. labor market.

The improvement means there are only three states with unemployment above the 10% mark -- Nevada with a 12.3% unemployment rate, Rhode Island, which has 11% unemployment, and California, where unemployment stood at 10.9%.

North Carolina and Mississippi dropped out of the states with double-digit unemployment.

As many as 19 states suffered 10% or more unemployment as a result of the recent recession. As recently as last September there had been 10 states with a jobless rate of 10% or more.

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« Reply #23 on: March 31, 2012, 09:24:15 pm »

Again, be ye not deceived...

http://finance.yahoo.com/news/consumer-spending-jumps-income-growth-130239380.html?l=1

Consumer spending jumps, GDP prospects brighten

Reuters – Fri, Mar 30, 2012 12:41 PM EDT

WASHINGTON (Reuters) - U.S. consumer spending increased by the most in seven months in February as households shook off a rise in gasoline prices, leading economists to raise forecasts for first-quarter growth.

Even with gasoline around $4 a gallon, Americans were more optimistic about the economy's prospects this month than at any other time over the past year, drawing solace from a firming labor market.

The Commerce Department said on Friday that consumer spending rose 0.8 percent in February as demand for long-lasting goods, like automobiles, rose sharply. It also said spending in January was double the previously reported 0.2 percent gain.

Separately, the Thomson Reuters/University of Michigan's final March reading for the overall consumer sentiment index rose to 76.2, the highest level since February 2011, from 75.3 in February.

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« Reply #24 on: April 01, 2012, 09:33:56 pm »

So hiring newly college grads all of a sudden made a 180 after recent years of being incredibly bad? Roll Eyes

http://finance.yahoo.com/news/grad-job-slump-big-hiring-back-us-colleges-120235660.html

4/1/12

After grad job slump, big hiring is back at U.S. colleges


NEW YORK (Reuters) - Sean Chua expected the hunt for his first job after college to be tough. After all, he watched his brother struggle to find a position when he graduated back in 2008.

But his fears were unwarranted. The 21-year-old justice major at American University sent out only seven resumes before getting an offer earlier this month from IBM for an IT consulting job, making him a beneficiary of a turnaround in the labor market for U.S. graduates. "My mom's first position was with IBM so she is particularly proud," says Chua.

Hiring is back in a big way on many college campuses, one of several signs a recovery in the U.S. jobs market is gaining traction. After four years during which many students graduated to find no job and had only their loans to show for their studies, most college campuses are teeming with companies eager to hire.

A survey by the National Association of Colleges and Employers (NACE) found 2012 hiring is expected to climb 10.2 percent, above a previous estimate of 9.5 percent.

Companies such as General Electric, Amazon, Apple and Barclays Global are looking for new staff, even if some firms remain below the pre-recession levels of new hiring. In another sign of the recovery, some first-time job seekers are receiving multiple offers.

At University of North Carolina-Chapel Hill, the career service office has seen up to now a 7.4 percent increase in the number of interviews of students by potential employers from last year and the number of companies seeking to recruit for full-time jobs is up 9.2 percent.

Undergraduate business majors reporting full-time job offers is up about 10 percent.

Career experts at a dozen of U.S. schools said they have seen an increase of 15 to 30 percent in the number of companies attending campus career fairs. At University of Florida, the fall career fair garnered 15 percent more companies in attendance than in 2010.

And 150 companies asked to conduct interviews versus about 100 in recent years, said Ja'Net Glover, associate director of employer relations at the school.

The increase in demand was so significant that it was the first time in years the school had to use both the first and second floors of the school's basketball facility for interviews.

"It's kind of like a no-brainer," says Kathy Sims. Director of Career Services at UCLA. "The economy is better and the college recruitment market is improving."

While the U.S. jobless rate fell to 8.3 percent in February, unemployment among college graduates over the age of 25 stood at 4.2 percent. Historically, their jobless rate is half that of Americans with only a high school education. Over the recession, unemployment among graduates climbed as high as 5 percent, sparking protests over the rising tuition cost of some U.S. colleges.

U.S. unemployment data for March, due for release on April 6, is expected to show a total of just over 200,000 jobs were created in the month, keeping the overall unemployment rate at 8.3 percent.

BACKLOG FROM PAST YEARS, INTERNS SOAR

College graduates' earnings are also on the rebound. NACE says the median wage for first-time job seekers after college for 2012 is up 4.5 percent higher than a year ago to $42,569.

That initial pay level can resonate over the span of a career. Several studies show that the life-time earnings for workers who enter the labor force at time of economic recession are lower than lifetime earnings of those who are hired amid an economic recovery.

Given the tepid recovery of the economy, some caution is required.

In 2008, many college graduates who had already accepted job offers were later away. After the run of lean years, many graduates are stuck in low-paying jobs and professions that never intended to follow, meaning there could be a backlog of well-educated workers who need to get their careers on track as well as new graduates.

However, with a wide range of employers -- from automakers to investment banks -- back on campus offering internships and full-time jobs, and not just to engineering, computer science and math majors, the outlook for the Class of 2012 looks rosy.

General Electric wants to hire 5,000 interns this year, up from its usual 3,000 to 4,000. Since 70 percent of its full-time hires come from the interns pool, Steve Canale, head of global recruiting, said that uptick will also translate into more full-time jobs after graduation.

"(Companies) are saying, 'we have an aging workforce, and we have to replenish the pipeline.' GE has always done it, but this year a lot of other companies are also reloading their talent pool," Canale said.

Chrysler said it plans to hire 400 interns this year compared to 256 in 2011. The automaker has also hired almost 4,000 salaried employees since June 2009, about a quarter of which are new college graduates.

The pick-up in hiring extends to industries that were among the hardest hit during the financial crisis. Schools report that banking and financial services companies have returned to campus for the Class of 2012.

It's a stark contrast from just a few years ago when smaller firms appeared on campuses to replace the corporations no longer showing up.

"Even students with lower grades are finding opportunities," says Notre Dame's Svete, who believes job placement at the school is up about 7 percent. In 2009, only 75 percent of students had jobs or plans for graduate school at graduation. This year, the school expects that to climb to 85 to 88 percent, closer to the 90 percent level of 2007.

Nathan Pace, a senior at American University, hasn't yet found a job, but is confident for his future job. He started the college four years ago and he has since seen each class of graduating seniors have better luck finding jobs.

Many of his friends recently secured job offers. "The vibe on campus is that people are excited," says Pace.

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« Reply #25 on: April 02, 2012, 01:02:05 pm »


http://finance.yahoo.com/blogs/daily-ticker/reich-superficial-labor-market-improvements-masks-erosion-wages-133111886.html?l=1

4/2/12

Unemployment May Be Down, But So Are Wages and Benefits

In many respects, the jobs market is improving. Friday, the Bureau of Labor Statistics will report how many jobs the economy added in March. Economists expect it will be the fourth straight month in which the economy creates more than 200,000 payroll jobs. The unemployment rate has fallen from 10 percent in October 2009 to 8.3 percent in February. At the end of January, there were 3.5 million jobs openings at the end of January.

That's the good news. The bad news? As I discuss with Robert Reich, former Labor Secretary in the Clinton Administration, according to several less-publicized metrics, the overall job market and the experience of workers continues to decline or remains at highly depressed levels.

"We do know that more jobs are being created," said Reich, professor of public policy of the University of California at Berkeley. "The problem is that the actual labor participation rate, the ratio of people who are in the labor force relative to the people who are eligible to work, it's down to almost the lowest point it was during the great recession. We haven't seen much pickup in that." In February, it stood at 63.9 percent, which was down from 64.2 percent in February 2011, and significantly below the 66 percent levels of 2006 and 2007.

In addition, while the economy has been expanding for nearly three years and hiring is picking up, Reich notes, "we also see some major declines in terms of median wage. And that's particularly true for the bottom 90 percent."

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« Reply #26 on: April 24, 2012, 08:45:57 pm »

Net migration from Mexico dips to zero

4/24/12

http://news.yahoo.com/blogs/lookout/net-migration-mexico-dips-zero-143325289.html

Mexican migration into the United States has come to a standstill and may soon reverse, according to a report by the Pew Hispanic Center. This marks a dramatic change in the wave of Mexican migration that brought 12 million people to America over four decades.
 
About 1.4 million Mexicans immigrated to the United States between 2005 and 2010, which is roughly the same number of Mexicans who left over the same period.
 
The number of illegal immigrants from Mexico dropped from 7 million in 2007, a peak, to 6.1 million in 2011. The report attributes the drop to the drastic decline in birthrates in Mexico, the increasingly dangerous passage across the border, and the flagging American economy. A higher percentage of deported migrants now say in surveys that they will not attempt to come back into the United States (compared to 10 years ago).
 
The United States' estimated 12 million Mexican immigrants represent the largest chunk of immigrants in any country in the world. Mexico has sent more immigrants to the States over the past four decades than any other nation.
 
According to the Mexican census, 500,000 U.S. citizen children were living in Mexico in 2010, compared to 240,000 10 years earlier. Government data doesn't say how many of those children left the United States because their parents were deported.
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« Reply #27 on: April 26, 2012, 01:13:08 pm »

5 New Lies That The Federal Reserve Is Telling The American People

The Federal Reserve says that everything is going to be okay.  The Fed says that unemployment is going to go down, inflation is going to remain low and economic growth is going to steadily increase.  Do you believe them this time?  As you will see later in this article, Federal Reserve Chairman Ben Bernanke has been dead wrong about the economy over and over again.  But the mainstream media and many Americans still seem to have a lot of faith in the Federal Reserve.  It doesn't seem to matter that Bernanke and other Fed officials have been telling the American people lies for years.  As I always say, most people believe what they want to believe, and many people seem to want to have blind faith in the Federal Reserve even when logic and reason would dictate otherwise.  The truth is that things are not going to be getting much better than they are right now.  When the next wave of the financial crisis hits, the U.S. economy is going to fall back into recession, financial markets are going to crash and unemployment is going to absolutely skyrocket.  But you will never hear any of that from the Federal Reserve.

The following are 5 new lies that the Federal Reserve is telling the American people.  After each lie I have posted what The Economic Collapse Blog thinks is actually going to happen....

#1 The Federal Reserve says that the labor market has improved and that unemployment is going to decline significantly over the next few years.

The following is a quote from the FOMC press release that was released on Wednesday....

    Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated.

The Federal Reserve is projecting that the unemployment rate will fall within the range of 7.8 percent and 8.0 percent by the end of 2012.

The Federal Reserve is also projecting that the unemployment rate will fall within the range of 6.7 percent and 7.4 percent by the end of 2014.

The Economic Collapse Blog says that the labor market has not improved.  In March 2010, 58.5 percent of all working age Americans had a job.  Exactly two years later in March 2012, 58.5 percent of all working age Americans had a job.  If the labor market was improving, the percentage of working age Americans with a job should have gone up.

The Economic Collapse Blog also says that while there is a chance the official unemployment rate may go down slightly in the short-term, the truth is that it is going to go up into double digits once the next wave of the financial crisis hits us.

#2 The Federal Reserve says that that U.S. economy is going to experience solid GDP growth over the next couple of years.

In fact, the Federal Reserve is projecting that U.S. GDP will be rising at an annual rate that falls between 3.1 percent and 3.6 percent by the end of 2014.

The Economic Collapse Blog says that a great economic cataclysm is coming....

    "When the European banking system crashes (and it will) it is going to reverberate around the globe.  The epicenter of the next great financial crisis is going to be in Europe, and it is getting closer with each passing day."

#3 The Federal Reserve says that we can expect low inflation for an extended period of time.

The Federal Reserve is officially projecting that the annual rate of inflation will not be higher than 2.0 percent by the end of 2012.  Federal Reserve Chairman Ben Bernanke reinforced this projection during his press conference on Wednesday....

    “But we expect that to pass through the system, and assuming no new shocks in the oil sector, inflation ought to moderate to about 2 percent later this year.”

The Economic Collapse Blog says that the Fed is being tremendously dishonest and that if inflation was measured the exact same way that it was measured back in 1980, the annual rate of inflation would be more than 10 percent right now.

The truth is that most middle class families know that we do not have low inflation right now.  This is hammered home millions of times a day when average Americans visit the gas station or the grocery store.

At the beginning of the next recession inflation will likely subside, but that will only be because economic activity will be slowing down dramatically.

#4 The Federal Reserve says that it has built up a 30 year reputation for keeping inflation low.

Ben Bernanke actually had the gall to make the following claim during his press conference on Wednesday....

    "We, the Federal Reserve, have spent 30 years building up credibility for low and stable inflation, which has proved extremely valuable in that we’ve been able to take strong accommodative actions in the last four, five years to support the economy."

Oh really?

The Economic Collapse Blog says that the Federal Reserve has nearly a 100 year reputation for destroying the value of the U.S. dollar.  Even using the Fed's doctored numbers, the value of the U.S. dollar has declined by more than 95 percent since 1913.

To get a really good idea of just how much the dollar has been destroyed by the Fed over the years, just check out this chart.

#5 Federal Reserve Chairman Ben Bernanke says that we should trust him because the Federal Reserve stands ready to do whatever is necessary to support the U.S. economy.

"If appropriate... we remain entirely prepared to take additional action"

The Economic Collapse Blog says that Federal Reserve Chairman Ben Bernanke is doing a great disservice by not warning the American people about the tremendous crisis that is coming.  In a recent article I stated that this next crisis will blindside most Americans just like the last one did....

    "Sadly, just like back in 2008, most people will never even see this next crisis coming."

So who should you trust - the Federal Reserve or all of the half-crazed bloggers out there that are warning about the "serious doom" that is coming.

Well, come back to this article in a year or two and compare how accurate the predictions were.

In the end, time will tell who is telling lies and who is not.

If we do not learn from history, we are doomed to repeat it.

For example, let's take a quick look at Ben Bernanke's track record over the past several years.

The following are statements that Bernanke actually made to the public....

#1 (July, 2005) "We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don’t think it’s gonna drive the economy too far from its full employment path, though."

#2 (October 20, 2005) "House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals."

#3 (November 15, 2005) "With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly."

#4 (February 15, 2006) "Housing markets are cooling a bit. Our expectation is that the decline in activity or the slowing in activity will be moderate, that house prices will probably continue to rise."

#5 (February 15, 2007) "Despite the ongoing adjustments in the housing sector, overall economic prospects for households remain good. Household finances appear generally solid, and delinquency rates on most types of consumer loans and residential mortgages remain low."

#6 (March 28, 2007) "At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency."

#7 (May 17, 2007) "All that said, given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited, and we do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.  The vast majority of mortgages, including even subprime mortgages, continue to perform well.  Past gains in house prices have left most homeowners with significant amounts of home equity, and growth in jobs and incomes should help keep the financial obligations of most households manageable."

#8 (January 10, 2008) "The Federal Reserve is not currently forecasting a recession."

#9 (June 10, 2008) "The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so."

But don't worry, Ben Bernanke insists that he knows exactly what is going on this time.

So do you believe him?

A lot of Americans don't.  In fact, an "economic collapse" is the number one catastrophic event that Americans worry about according to one recent survey.

Perhaps that is one reason why so many Americans are preparing for doomsday these days.

The central planners over at the Federal Reserve are not going to solve our economic problems.

The truth is that the Fed is at the very heart of our economic problems.

We have been living in the greatest debt bubble in the history of the world and that debt bubble has been facilitated by the Fed.

Over the past three decades, the total amount of debt in America has increased by about 50 trillion dollars.  By stealing from future generations, we have been able to live like kings and queens, but there is going to be a great price to pay for our foolishness.

Ben Bernanke and the other folks running the Federal Reserve are just going to keep insisting that everything is going to be okay for as long as they possibly can.  They are going to tell you that they know exactly how to fix things and that the economy will be back on track very soon.

Don't be stupid and believe them this time.

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http://theeconomiccollapseblog.com/archives/5-new-lies-that-the-federal-reserve-is-telling-the-american-people
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« Reply #28 on: April 26, 2012, 07:42:29 pm »

http://www.marketwatch.com/story/us-stocks-rise-on-technology-revival-2012-04-26?siteid=yhoof2

April 26, 2012, 4:50 p.m. EDT

U.S. stocks extend rise on earnings, housing
NAR index of pending U.S. home sales hits two-year high


 Roll Eyes

NEW YORK (MarketWatch) — U.S. stocks extended gains into a third day Thursday as better-than-expected data on housing and an upbeat forecast from Citrix Systems Inc. helped lift the S&P 500 Index above 1,400 for the first time in three weeks.

The Dow Jones Industrial Average /quotes/zigman/627449 DJIA +0.87%  added 113.90 points, or 0.9%, to 13,204.62, with the blue-chip index up 1.4% so far for the week.

Of the 51% of the S&P 500 companies that have reported first-quarter results so far, 72.4% have reported earnings above expectations, 11.8% reported earnings in line with expectations and 15.7% reported earnings below estimates, according to Thomson Reuters analyst Greg Harrison.

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« Reply #29 on: April 28, 2012, 08:19:00 pm »

http://finance.yahoo.com/news/stock-index-futures-signal-mixed-092819864.html?l=1

S&P 500 rallies for week on Amazon, Expedia results
Reuters – Fri, Apr 27, 2012 5:54 PM EDT

NEW YORK (Reuters) - U.S. stocks advanced on Friday and posted their best weekly gains in a month as stronger-than-expected earnings from Amazon.com and Expedia Inc reinforced confidence in corporate performance.

Wall Street managed a fourth day of gains as the strong earnings season outweighed a surprisingly weak reading on first-quarter economic growth.

Online retailer Amazon climbed 15.7 percent to $226.85 and contributed half of Nasdaq's gain for the day. An S&P retail index rose 3.5 percent and hit an all-time high. Shares of Expedia, the Web-based travel provider, surged 23.5 percent to close at $40.31, after hitting a new high at $43 on record volume.

Growth in S&P 500 earnings rose to 7.2 percent this week from 3.2 percent at the start of the month, according to Thomson Reuters data. About 73 percent of the companies that have reported so far have beaten expectations.

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