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Joined: Jul 2004
Posts: 7,626
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and the clues continue to unfold. i hold the belief that the govt. and the fed (one in the same now?) will maintain tight lipped as long as possible, giving in little by little as the evidence mounts against their eternal optimism. and don't get me wrong, optimism is fine, but we are all adults, aren't we?
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: May 2005
Posts: 47,433 Likes: 373
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Joined: May 2005
Posts: 47,433 Likes: 373 |
The government lying to us should come as no surprise, at least with the Bush Administration, the truth has always been the opposite stated from them.
Given this, I too believe, as you do 2wins, that news information from other countries are much more reliable than our own.
I saw that myself when I traveled around the world from 09-26-01 to 10-26-01 - the news presented was quite different than what was being presented in America.
Contrarian, extraordinaire
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Joined: Jul 2004
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veteran
Joined: Jul 2004
Posts: 7,626 |
on the one hand i think they want to prevent a panick. on the hand, i think they are misguided and will only complicate an already complicated situation.
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: Jun 2004
Posts: 21,134
Administrator Bionic Scribe
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Administrator Bionic Scribe
Joined: Jun 2004
Posts: 21,134 |
Seems to me the Bernake statement is softening us up for some much worse news.
Life is a banquet -- and most poor suckers are starving to death -- Auntie Mame You are born naked and everything else is drag - RuPaul
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Joined: Aug 2004
Posts: 2,346 Likes: 20
enthusiast
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enthusiast
Joined: Aug 2004
Posts: 2,346 Likes: 20 |
Under one rule, six straight months of declining GDP would constitute a recession. For the last 5 years, inflations has been roughly 3.5%, yet my annual "cost-of-living" increase has never been more than 2.5%. I guess it's just greedy employers and not a recession? Am I the only person that their pay increases has not kept up with inflation? Maybe if employers would pay employees annual increases of at least the amount of what the cost-of-living is, we could escape a recession!
Good doesn't always win!
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Joined: May 2005
Posts: 47,433 Likes: 373
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Joined: May 2005
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I got 3% this year, and 3% last year, and 3% the year before, and 3%...
3% is pretty standard from my employer. Many co-workers are complaining that their health insurance premiums have gone up more than 3% and they are with Kaiser. I am with a PPO and I have an FSA account which lowers my tax liability.
Contrarian, extraordinaire
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Joined: Jul 2004
Posts: 7,626
veteran
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veteran
Joined: Jul 2004
Posts: 7,626 |
I got 3% this year, and 3% last year, and 3% the year before, and 3%...
3% is pretty standard from my employer. Many co-workers are complaining that their health insurance premiums have gone up more than 3% and they are with Kaiser. I am with a PPO and I have an FSA account which lowers my tax liability. 3 percent last year and the year before. Five percent this year. Three percent was the average, two was for good behavior, and appreciation, I suppose. Seems to me the Bernake statement is softening us up for some much worse news. indeed.
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: May 2005
Posts: 47,433 Likes: 373
Member CHB-OG
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OP
Member CHB-OG
Joined: May 2005
Posts: 47,433 Likes: 373 |
Seems to me the Bernake statement is softening us up for some much worse news. That's how the Bush Administration does things: (1)They leak to a news organization; (2) the news organization reports "unnamed soruces in the Bush Administration; (3) The Bush Administration then quotes the news organization they leaked to as a stated "fact." We're onto you, Bush Administration!
Contrarian, extraordinaire
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Posts: 5,723
old hand
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old hand
Joined: Aug 2004
Posts: 5,723 |
Except, of course, for those eating at Another Broken Egg.
Currently reading: Best American Mystery Stories edited by Lee Child and Otto Penzler. AARGH!
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Joined: Jul 2004
Posts: 7,626
veteran
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veteran
Joined: Jul 2004
Posts: 7,626 |
ah, but martha, read my response to your original broken egg post. in short, many of those diners may well be whistling in the dark.
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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