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John Smith[_7_] June 1st 11 08:02 PM

“We’re On the Verge of a Great, Great Depression”
 
On 6/1/2011 11:03 AM, Gray Ghost wrote:
http://www.cnbc.com/id/43236764

Wall Street Baffled by Slowing Economy, Low Yields: Trader
Published: Wednesday, 1 Jun 2011 | 11:06 AM ET

Wall Street is having a hard time figuring out what to do now that the U.S.
economy appears to be sputtering and yields are so low, Peter Yastrow,
market strategist for Yastrow Origer, told CNBC.

"What we’ve got right now is almost near panic going on with money managers
and people who are responsible for money," he said. "They can not find a
yield and you just don’t want to be putting your money into commodities or
things that are punts that might work out or they might not depending on
what happens with the economy.

"We need to find real yield and real returns on these assets. You see bad
data, you see Treasurys rally, you see all bonds and all fixed-income rally
and then the people who are betting against the U.S. economy start getting
bearish on stocks. That’s a huge mistake."

Stocks extended losses after the manufacturing fell below expectations in
May and the private sector added only 38,000 jobs during the month.

"Interest rates are amazingly low and that, thanks to Ben Bernanke, is
driving everything," Yastrow said. "We’re on the verge of a great, great
depression. The [Federal Reserve] knows it.

"We have many, many homeowners that are totally underwater here and cannot
get out from under. The technology frontier is limited right now. We
definitely have an innovation slowdown and the economy’s gonna suffer."

However, he said he wouldn’t sell stocks.

"Any bears out there better be careful because the dividend yields on these
stocks look awesome relative to all the other investment vehicles out
there," Yastrow said. "So bears are going to have to find a new way to
express their discontent with the U.S. economy."


http://redwhitebluenews.com/?p=19920
Thanks Barack… Chief Economist: “We’re On the Verge of a Great, Great
Depression”

RWBN: Surprise!!!!! Keep listening to the talking points of the liberal
media sheep. ……..Everything is going fiiiiine!

(Gateway Pundit)Obama is the worst jobs president since the Great
Depression. More than 40 million Americans are now receiving food stamps, a
record.

Thanks to Obama’s failed economic policies only 38,000 private sector jobs
were created in May.

A chief economist today announced that we are on the verge of a Great,
Great Depression.
CNBC reported:

Wall Street is having a hard time figuring out what to do now that the
U.S. economy appears to be sputtering and yields are so low, Peter Yastrow,
market strategist for Yastrow Origer, told CNBC.

“What we’ve got right now is almost near panic going on with money
managers and people who are responsible for money,” he said. “They can not
find a yield and you just don’t want to be putting your money into
commodities or things that are punts that might work out or they might not
depending on what happens with the economy.

“We need to find real yield and real returns on these assets. You see
bad data, you see Treasurys rally, you see all bonds and all fixed-income
rally and then the people who are betting against the U.S. economy start
getting bearish on stocks. That’s a huge mistake.”

Stocks extended losses after the manufacturing fell below expectations
in May andthe private sector added only 38,000 jobs during the month.

“Interest rates are amazingly low and that, thanks to Ben Bernanke, is
driving everything,” Yastrow said. “We’re on the verge of a great, great
depression. The [Federal Reserve] knows it.

The worst jobs president since the Great Depression is now overseeing the
worst housing downturn since the Great Depression.
The New York Times reported:

Housing prices fell in March to their lowest point since the downturn
began, erasing the last little bit of recovery from the depths plumbed two
years ago, according to data released Tuesday.

The Standard& Poor’s Case-Shiller Home Price Index for 20 large cities
fell 0.8 percent from February, the eighth drop in a row. Prices are now
down 33.1 percent from the July 2006 peak.

“Home prices continue on their downward spiral with no relief in
sight,” said David M. Blitzer, chairman of the S.& P. index committee.

Housing is in persistent trouble, industry analysts say, not only
because so many people are blocked from the market — being unemployed, in
foreclosure or trapped in homes that are worth less than the mortgage — but
because even those who are solvent are opting out.

The desire to own your own home, long a bedrock of the American Dream,
is fast becoming a casualty of the worst housing downturn since the Great
Depression.

That’s not all…
The New York Times added this on the grim economic news.

A month ago, when an initial gauge of first-quarter economic growth
came in surprisingly weak, many policy makers and economists expected the
bad news to prove fleeting. But when revised data were released last week,
the growth estimate remained stuck at an annual rate of 1.8 percent,
compared with 3.1 percent at the end of last year.

More troubling in the latest figures, consumer spending — the largest
component of the economy — was especially slow. Stagnant wages and higher
prices for gas and food are squeezing family budgets, while falling home
equity hurts consumer confidence. That suggests more bad news to come.

When consumers are constrained, so is hiring, because without
customers, employers are hard pressed to retain workers or make new hires.
A recent Labor Department report showed a greater-than-expected rise in the
number of people claiming jobless benefits even as private-sector economic
forecasts are being revised downward — both very bad omens for continued
job growth.



We have been in a depression, for some time now.

But, it will worsen ... ask the next guy you see, who is unemployed, and
been there for some time, if he/she thinks this is a depression.

Regards,
JS


bpnjensen June 1st 11 08:41 PM

“We’re On the Verge of a Great, Great Depression”
 
On Jun 1, 12:02*pm, John Smith wrote:
On 6/1/2011 11:03 AM, Gray Ghost wrote:





http://www.cnbc.com/id/43236764


Wall Street Baffled by Slowing Economy, Low Yields: Trader
Published: Wednesday, 1 Jun 2011 | 11:06 AM ET


Wall Street is having a hard time figuring out what to do now that the U.S.
economy appears to be sputtering and yields are so low, Peter Yastrow,
market strategist for Yastrow Origer, told CNBC.


"What we ve got right now is almost near panic going on with money managers
and people who are responsible for money," he said. "They can not find a
yield and you just don t want to be putting your money into commodities or
things that are punts that might work out or they might not depending on
what happens with the economy.


"We need to find real yield and real returns on these assets. You see bad
data, you see Treasurys rally, you see all bonds and all fixed-income rally
and then the people who are betting against the U.S. economy start getting
bearish on stocks. That s a huge mistake."


Stocks extended losses after the manufacturing fell below expectations in
May and the private sector added only 38,000 jobs during the month.


"Interest rates are amazingly low and that, thanks to Ben Bernanke, is
driving everything," Yastrow said. "We re on the verge of a great, great
depression. The [Federal Reserve] knows it.


"We have many, many homeowners that are totally underwater here and cannot
get out from under. The technology frontier is limited right now. We
definitely have an innovation slowdown and the economy s gonna suffer."


However, he said he wouldn t sell stocks.


"Any bears out there better be careful because the dividend yields on these
stocks look awesome relative to all the other investment vehicles out
there," Yastrow said. "So bears are going to have to find a new way to
express their discontent with the U.S. economy."


http://redwhitebluenews.com/?p=19920
Thanks Barack Chief Economist: We re On the Verge of a Great, Great
Depression


RWBN: Surprise!!!!! Keep listening to the talking points of the liberal
media sheep. ..Everything is going fiiiiine!


(Gateway Pundit)Obama is the worst jobs president since the Great
Depression. More than 40 million Americans are now receiving food stamps, a
record.


Thanks to Obama s failed economic policies only 38,000 private sector jobs
were created in May.


A chief economist today announced that we are on the verge of a Great,
Great Depression.
CNBC reported:


* * *Wall Street is having a hard time figuring out what to do now that the
U.S. economy appears to be sputtering and yields are so low, Peter Yastrow,
market strategist for Yastrow Origer, told CNBC.


* * * What we ve got right now is almost near panic going on with money
managers and people who are responsible for money, he said. They can not
find a yield and you just don t want to be putting your money into
commodities or things that are punts that might work out or they might not
depending on what happens with the economy.


* * * We need to find real yield and real returns on these assets.. You see
bad data, you see Treasurys rally, you see all bonds and all fixed-income
rally and then the people who are betting against the U.S. economy start
getting bearish on stocks. That s a huge mistake.


* * *Stocks extended losses after the manufacturing fell below expectations
in May andthe private sector added only 38,000 jobs during the month.


* * * Interest rates are amazingly low and that, thanks to Ben Bernanke, is
driving everything, Yastrow said. We re on the verge of a great, great
depression. The [Federal Reserve] knows it.


The worst jobs president since the Great Depression is now overseeing the
worst housing downturn since the Great Depression.
The New York Times reported:


* * *Housing prices fell in March to their lowest point since the downturn
began, erasing the last little bit of recovery from the depths plumbed two
years ago, according to data released Tuesday.


* * *The Standard& *Poor s Case-Shiller Home Price Index for 20 large cities
fell 0.8 percent from February, the eighth drop in a row. Prices are now
down 33.1 percent from the July 2006 peak.


* * * Home prices continue on their downward spiral with no relief in
sight, said David M. Blitzer, chairman of the S.& *P. index committee..


* * *Housing is in persistent trouble, industry analysts say, not only
because so many people are blocked from the market being unemployed, in
foreclosure or trapped in homes that are worth less than the mortgage but
because even those who are solvent are opting out.


* * *The desire to own your own home, long a bedrock of the American Dream,
is fast becoming a casualty of the worst housing downturn since the Great
Depression.


That s not all
The New York Times added this on the grim economic news.


* * *A month ago, when an initial gauge of first-quarter economic growth
came in surprisingly weak, many policy makers and economists expected the
bad news to prove fleeting. But when revised data were released last week,
the growth estimate remained stuck at an annual rate of 1.8 percent,
compared with 3.1 percent at the end of last year.


* * *More troubling in the latest figures, consumer spending the largest
component of the economy was especially slow. Stagnant wages and higher
prices for gas and food are squeezing family budgets, while falling home
equity hurts consumer confidence. That suggests more bad news to come.


* * *When consumers are constrained, so is hiring, because without
customers, employers are hard pressed to retain workers or make new hires.
A recent Labor Department report showed a greater-than-expected rise in the
number of people claiming jobless benefits even as private-sector economic
forecasts are being revised downward both very bad omens for continued
job growth.


We have been in a depression, for some time now.

But, it will worsen ... ask the next guy you see, who is unemployed, and
been there for some time, if he/she thinks this is a depression.

Regards,
JS- Hide quoted text -

- Show quoted text -


This, I tend to agree with. A snowball has been set in motion down a
mountainside that will be very hard to stop.

John Smith[_7_] June 1st 11 08:47 PM

“We’re On the Verge of a Great, Great Depression”
 
On 6/1/2011 12:41 PM, bpnjensen wrote:

...
We have been in a depression, for some time now.

But, it will worsen ... ask the next guy you see, who is unemployed, and
been there for some time, if he/she thinks this is a depression.

Regards,
JS- Hide quoted text -

- Show quoted text -


This, I tend to agree with. A snowball has been set in motion down a
mountainside that will be very hard to stop.


Yep. Something you hate to see, wish wasn't happening, don't enjoy
watching, find you are even being hurt by it ... but can't seem to
convince enough to go together with you to halt it ... can even see the
ones causing it!

I know what you mean ...

Regards,
JS

[email protected] June 1st 11 09:51 PM

“We’re On the Verge of a Great, GreatDepression”
 
We already ARE in a Depression, and have been for over Two Years.
cuhulin


bpnjensen June 1st 11 10:47 PM

“We’re On the Verge of a Great, Great Depression”
 
On Jun 1, 1:51*pm, wrote:
We already ARE in a Depression, and have been for over Two Years.
cuhulin


I know *I* am depressed - is Doggy happy, though?

[email protected] June 1st 11 11:59 PM

“We’re On the Verge of a Great, GreatDepression”
 
http://www.theburningplatform.com
OUTLAW JOSEY WELLS.PART FOUR.

Currently, 100 degrees inside my flower box on doggy's front porch.Doggy
doesn't care anything about that front porch, too damn HOT out there.
cuhulin


Gray Ghost June 15th 11 01:52 AM

We're On the Verge of the Great Obama Depression !
 
Deep Dudu wrote in :

On Tue, 14 Jun 2011 10:21:33 -0400, "Scout"
wrote:



"Deep Dudu" wrote in message
. ..

That's the Bush Depression you mean. This all started long before
Obama became President.


Sorry, but the Bush Depression is over, Obama is not in change and the
Depression occurring under his administration is his responsibility.

I know you don't like that since you prefer to blame everything on
Republicans, but that's the reality of being a leader.. you're

responsible
because you're in charge.

Now if you would like to tell us that Obama isn't a leader......

you know what? Despite the pathetic running field of the right wing
for the election, I actually hope the Republicans manage to run
someone capable of beating Obama, and that they win. Then, when the
economy REALLY goes to ****, it will be fun seeing how you try to
claim it's not the President's fault. You, know, just like when Bush
was truly ****ing everything up, it wasn't at all his fault.... but
now it's all Obama's ....


So, you are hoping that economy gets worse, people are hurt, families are
destroyed ... just to make a political point?

Wow.

--
Herman Cain for President! http://hermancain.com/
If you don't support him you are a Racist!!
He beat Cancer. He'll beat Obama (who is just like cancer)

Remember Desert One, Carter 0? Ain't it sad to wish that Obama had as much
ambition but being glad he doesn't knowing he doesn't have THAT much
competence?

John Smith[_7_] June 15th 11 02:36 AM

We're On the Verge of the Great Obama Depression !
 
On 6/14/2011 5:52 PM, Gray Ghost wrote:

...
So, you are hoping that economy gets worse, people are hurt, families are
destroyed ... just to make a political point?

Wow.


I hope it damn well hits bottom soon, all I want to see now is the path
leading away from all this damn BS which must lie on the other side of
the pit these arses have drug us into ... this is already past the worst
I would want to ever see.

How much worse does it have to get?

--

Regards,
JS
“The Constitution is not an instrument for the government to restrain
the people, it’s an instrument for the people to restrain the
government.” -- Patrick Henry

[email protected] June 15th 11 03:39 AM

We're On the Verge of the Great Obama Depression !
 
Fake Gold Bars in Fort Knox?

Ron Paul wants to know if the Gold in Fort Knox is Real.
http://www.standeyo.com

I would like to know too.
cuhulin


[email protected] June 15th 11 03:54 AM

We're On the Verge of the Great Obama Depression !
 
On Jun 14, 10:39*pm, wrote:
Fake Gold Bars in Fort Knox?

Ron Paul wants to know if the Gold in Fort Knox is Real.http://www.standeyo.com

I would like to know too.
cuhulin


Archimedes must be laughing (in his place of rest) : it is fake !!!

[email protected] June 15th 11 04:33 AM

We're On the Verge of the Great Obama Depression !
 
Clothes Pins may be ordinary products, but their reputation is always on
the Line.
cuhulin


RHF June 15th 11 10:25 AM

We're On the Verge of the Great Obama Depression !
 
On Jun 14, 8:33*pm, wrote:

- Clothes Pins may be ordinary products,
- but their reputation is always on the Line.
- cuhulin

One (1) Mississippi
=Common=Sense=

Two (2) Mississippis
=Highly=Common=Sense=

Three (3) Mississippis
=Profound=Knowledge=

Is God {The Clothes Pin} With-In You...
-or- Is God Greater Than You . . .

it's not a question...
It's A Thought* . . . ~ RHF©

Scout June 15th 11 12:09 PM

We're On the Verge of the Great Obama Depression !
 


"Gray Ghost" wrote in message
. 97.142...
Deep Dudu wrote in :

On Tue, 14 Jun 2011 10:21:33 -0400, "Scout"
wrote:



"Deep Dudu" wrote in message
...

That's the Bush Depression you mean. This all started long before
Obama became President.

Sorry, but the Bush Depression is over, Obama is not in change and the
Depression occurring under his administration is his responsibility.

I know you don't like that since you prefer to blame everything on
Republicans, but that's the reality of being a leader.. you're

responsible
because you're in charge.

Now if you would like to tell us that Obama isn't a leader......

you know what? Despite the pathetic running field of the right wing
for the election, I actually hope the Republicans manage to run
someone capable of beating Obama, and that they win. Then, when the
economy REALLY goes to ****, it will be fun seeing how you try to
claim it's not the President's fault. You, know, just like when Bush
was truly ****ing everything up, it wasn't at all his fault.... but
now it's all Obama's ....


So, you are hoping that economy gets worse, people are hurt, families are
destroyed ... just to make a political point?


Well, explains his overwhelming support for Obama and what he's doing......


Wow.


Hey, he's got to use those MREs before they expire.



Deep Dudu June 15th 11 04:14 PM

We're On the Verge of the Great Obama Depression !
 
On Tue, 14 Jun 2011 11:24:35 -0400, "Scout"
wrote:



"Deep Dudu" wrote in message
.. .
On Tue, 14 Jun 2011 10:21:33 -0400, "Scout"
wrote:



"Deep Dudu" wrote in message
...

That's the Bush Depression you mean. This all started long before
Obama became President.

Sorry, but the Bush Depression is over, Obama is not in change and the
Depression occurring under his administration is his responsibility.

I know you don't like that since you prefer to blame everything on
Republicans, but that's the reality of being a leader.. you're responsible
because you're in charge.

Now if you would like to tell us that Obama isn't a leader......

you know what? Despite the pathetic running field of the right wing
for the election, I actually hope the Republicans manage to run
someone capable of beating Obama, and that they win. Then, when the
economy REALLY goes to ****, it will be fun seeing how you try to
claim it's not the President's fault.


So you admit you have a double standard?

No, you do. It's not a double standard to point out all these
problems started before Obama so are not attributable to him

You, know, just like when Bush
was truly ****ing everything up, it wasn't at all his fault.... but
now it's all Obama's ....


Actually it was his fault for those things he did, and his responsibility
for those things he didn't. Just like it now is for Obama.

Of course, I don't expect you to ever accept that for anything that isn't
dgood for Obama since you are incapable of holding a Democrat accountable but
instead try to blame someone else for it.

You can't blame a Democrat for something that happened before he was
even in office.

I've come to realize that you have only one view, Democrat, and by that view
NO Democrat can do wrong or at least without blaming someone else for it.

I never said that. That's your straw man. I'm just saying you can't
blame the present economic problems on Democrats.

RHF June 15th 11 05:52 PM

Liberal-Democrats Still Blaming Bush -for- The Great 'Obama'Depression !
 
On Jun 15, 8:14*am, Deep Dudu wrote:
On Tue, 14 Jun 2011 11:24:35 -0400, "Scout"
wrote:

"Deep Dudu" wrote in message
.. .
On Tue, 14 Jun 2011 10:21:33 -0400, "Scout"
wrote:


"Deep Dudu" wrote in message
...


That's the Bush Depression you mean. *This all started long before
Obama became President.


Sorry, but the Bush Depression is over, Obama is not in change and the
Depression occurring under his administration is his responsibility.


I know you don't like that since you prefer to blame everything on
Republicans, but that's the reality of being a leader.. you're responsible
because you're in charge.


Now if you would like to tell us that Obama isn't a leader......


you know what? *Despite the pathetic running field of the right wing
for the election, I actually hope the Republicans manage to run
someone capable of beating Obama, and that they win. *Then, when the
economy REALLY goes to ****, it will be fun seeing how you try to
claim it's not the President's fault.


So you admit you have a double standard?


No, you do. *It's not a double standard to point out all these
problems started before Obama so are not attributable to him

You, know, just like when Bush
was truly ****ing everything up, it wasn't at all his fault.... but
now it's all Obama's ....


Actually it was his fault for those things he did, and his responsibility
for those things he didn't. Just like it now is for Obama.


Of course, I don't expect you to ever accept that for anything that isn't
dgood for Obama since you are incapable of holding a Democrat accountable but
instead try to blame someone else for it.


- You can't blame a Democrat for something
- that happened before he was even in office.

Deep DuDu -thinking-back-to-circa-2005~2008-

? So Pelosi was NOT the Leader of the US House !

? So Reid was NOT the Leader of the US Senate !

? So Obama was NOT a Member of the US Senate !

? So The US Congress had NO Role in the US Government !
....Passing Bills, Budgets and Laws...

Yeah I Know Blame Bush ! Blame Bush ! Blame Bush !

More Liberal Lies & Democrat Distortions ~ RHF
=Pelosi+Reid+Obama=to=Bush= [That's 3:1]
-but-it's-all-bush's-fault-blame-bush-
* Absurd Liberal Logic
* Demonizing Democrat Politics

RHF June 16th 11 11:17 PM

Liberal-Democrats Still Blaming Reagan -for- The Great 'Obama'Depression !
 
On Jun 15, 9:06*pm, wrote:
On Wed, 15 Jun 2011 15:32:26 -0700 (PDT), RHF

wrote:
Yeah - Reagan Died in 2004 but Nancy Pelosi [D-CA]
Still Blames Reagan for Everything the US House
Did Under Her Leadership 2005~2009


Reagan's tax disaster was reimplemented and expanded under the GOP
2004-2007.



Y@J -wrote-
- Stick that in your ass.

Y@J - Oops It "Sicko' Weiner Time !
http://groups.google.com/group/alt.f...ace2fd1778d614
WeinerGate© 'Sicko' Weiner = Liberals
Democrats = 'Sicko' Weiner WeinerGate©

* Liberals Proclaim It :
"Stick that in your ass."

* Democrats Demand It :
"Stick that in your ass."

Y@J proving you are a Liberal-Democrat !

[email protected] June 17th 11 12:22 AM

Liberal-Democrats Still Blaming Reagan -for- The Great 'Obama'...
 
I am never sad, I never mourn the death of Any and All politicians, no
matter who they are, no matter where in the World they are from!.Those
MOFOS aren't Human! Fact of the matter, Tickles the Sheet out of me when
they Croak!
cuhulin



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