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Where Did All The Hope Go?
Following last night's expectations-filled State of the Union speech, we know that housing is rebounding and our stock market is rising but while these are pointed to as evidence that we are on the right track, it appears, from these three charts, that expectations for hiring, capital expenditure, and retail spending is bad and getting worse. Of course, the divergence between our current market's reality and an uncertain future is nothing new - but the spread is starting to become untenable as even with stocks at five-year highs, confidence remains weak. Simply put, the people know reality and only the talking-heads choose to ignore it.
Hiring Expectations are fading fast...
Capital Expenditure plans have rolled over and real spending is following...
and just as CEO expectations for retail sales rolled over - they were right - and retail sales growth is slowing rapidly...
it seems the only place where 'hope' is priced is the nominal price of the S&P 500...
Charts: Bloomberg Briefs
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It went to the secret supermarket to get the final Twinkie.
My hope is gone. I can't believe I have to listen to four more years of stupid.
Don't fight it...just join the Cloward and Piven cult and take the lobotomy.
You'll won't feel better.....but you won't really care either.
they say mindless people feel better and are more happy...
http://www.youtube.com/watch?v=4SXLffvBpTY&sns=em
well...
after watching it myself...
I dissagree...
Hope got nailed in the backseat of the Choomwagon and is now knocked up and currently sitting on the couch watching Dr. Phil while drowing her woes in EBT-supplied Diet Coke and bon bons...4 years? Hell, I can't take another 4 minutes of this crap...
I suggest you take a break and see if Cabelas has any new ammo shipments.....something to take your mind off the time.
Ah yes, one in the hand will protect the Eagles in the other.
Only to be followed by four moar
It wasn't Hope and Change - it was Hopeless In Chains -
Corporate fascism financial coup d'état - housing? Not average owner occupies buying houses - it's large funds and the banksters buying the houses up for a 1/4 of the list price -
TPP - follow the loosest labor and environmental laws and corporate predators can then sue localities for the cost of said laws - race to the bottom and codification of corporate rule and pure destruction of the sham called democracy.
And it's not just 4 more years of a fascist bastard - lets count - prior to the oilybomber 8 years of the bush crime family and the false flag event called 9-11 that redefined the world. Clinton and his merry band of fascist banksters - 12 years of the bush crime family prior to Clinton - and on and on it goes -
The true problem is we already ravaged the easy pickings in the 3rd world - now it's our turn -
My only hope is that I live long enough to watch the firing squad shoot these lying manipulating mother fu*kres. Unfortunately, I'll be shot long before sense becomes common.
It would be easier to count the things King Putt said last night that weren't blatant, in-our-faces lies.
Not in my face. If it weren't for the internerds, I'd had no idea that O'bummer was waving his lips about anything.
Pointless rhetoric is pointless.
What, you didnt realize that because of Obamacare health care costs are now coming down?
Relax, Ben's got this. It must be your lying eyes.
Where is the hope? It is in the big banks and the criminal syndicate known as Wall Street. I hear that hope has been collateralized and is on offer in package form. Later on this year, I am hearing that there will also be an ETF offering, HOPE, and that the ETF will track fund flows to the Bahamas.
Additional: HOPE most certainly is not in the Iron Ore sector, as CLF implodes again, cuts its dividend, offers preferred shares, and generally pays for malinvestments. Once again, the guys over at the Active Bear Fund HDGE hit another home run [that is about the 8th or 9th this quarter, all positions in their top ten holdings]. At some point, the arb trade is going to break there...and that dog is going to have one hell of a redemption day.
The fucking "hope" was shit out of obama's ass, monetised, and given to the fucking banks.
Fuck you obama, fucking chicago propaganda shitting fuckstick. I hope someone jams a fucking telepromptor filled soap box down your fucking neck you prick eating asshole.
Don't hold back. Why don't you tell us how you REALLY feel?
Ohhhh crap.
maybe if he started giving 3 hour mindless speeches hope would return?
WE ARE GETTING INVOLVED into your lives in a way you can't believe...
AND WE'LL PLAY A BIGGER ROLE IN YOUR LIFE as you'll be working mostly to pay your taxes...
BUT REMEMBER THERE'S NO EASY WAY OUT OF THIS because we'll be monitoring your every move...
well... hope is at 1650$ right now...
while change is at $31.
GLOBAL FREE TRADE WILL SOLVE IT ALL!!!!
unless everybody does it...
Yes, I often wondered how the earth was going to settle it's account balance. Gold from Mars? What are we selling them?
we've send them multi billion dollar robot toys...
IT'S CALLED THE "CHINA TAKE OVER THE WORLD TRICK THROUGH PLASTIC TOYS"!!
SO NOW WE OWN THEM!
"Where Did All The Hope Go?"
There was never any hope - just propaganda. People may be ignorant of the realities of politics and financial markets but they can see what is happening to their own security, opportunities and civil liberties.
Printing trillions and giving it to the top 0.01% does not fix a damn thing - and even ignorant debt slaves understand that. It doesn't matter what the media proclaims, or politicians promise - reality is reality when you live hand to mouth.
Moar zero down loans so people can live beyond their means...moar EZ-to-get Student loans for those social science degrees....moar credit cards in the mail again....tyring to revive happy times on exhaust fumes....
As one of the Tylers has pointed out, higher gas, food, rent prices and a return to the former SS rate dictates that folks will hit the debt button again. I can't figure how someone with an average income is making it without living paycheck to paycheck. Then again, if someone had ever told me we would pay such huge amounts for phone or TV I woud have laughed.
Today will be another day of manipulation in the markets. Yesterday featured a state pageant so the market needed to be maintained to present the right atmosphere for the pageant. Today the market must be maintained to present the appropriate atmosphere for permeating the correct reaction to the pageant. As for upcoming days which will not see the mandatory implementation of behavioral finance, ....
I am now thinking the hope comes down to being is a state that says goodbye you fed fucks.
we are our own soveriegn nation and there is now 49 states left to avoid with a passion.
strict border control with anyone from ca or ny allowed to enter for visits only!
I wish there was honestly 1 state that had the balls to secede. A dissolution of the Union might be the only real game changer.
texas and/or oklahoma(maybe wyoming) only chance i see. not over run by libtards yet...
Or a seccession bloc:
Idaho-Montana-Wyoming-Utah-AZ-Dakotas-Nebraska-Okla-Texas-Kansas.
I don't know what to do about Colorado & New Mexico since they suck and are in the middle of this bloc. Ideas?
"NSA Utah Data Center: Biggest-ever, domestic spying Lab? [3/17/12]
http://www.rt.com/news/utah-data-center-spy-789/
*Construction was started way back in late 2005 and should be completed in late 2013... Nice!!!
As much as I love Texas, everything is bigger there, including the talk. At the moment its nothing more than a catchy slogan to put on a belt buckle. I would love to see it, but its a beautiful dream that I dont think will ever happen. Not only will TPTB never allow it as North America has become far too integrated, besides what will they do with all the Yankees that moved there in the past decade?
Just wait. All it will take to start the ball rolling is a California or Illinois or New York going belly up and the other states bailing them out to start the talk. Texas could attract several surrounding states and probably will is things continue to the logical conclusion.
'two can tango...'yesknow?
like a reverse prison - keep the libtards out, expell anyone that doesn't own a gun and know how to use it. strict adherance to the constitution, border controls with cordgible visits :), no wars on anything-drugs legal/strong rehab, unions with no collective bargaining, and so on. flat tax with government bound by exact amount collected from taxation-one flat ass tax on everything-more u consume the more you pay.
done dreaming, back to reality- (as you shake me) wake up, WAKE UP!
The more tightly defined the rules, the more authoritarian regime. It's happened too many times to count. Most social contracts evolve naturally for a reason - family, unions, government, schools, owners, workers, etc - and rigid rules never solved a thing. Accepting or rejecting folks based on ideological purity has never - and will never - work for the obvious - nobody can be as pure as me.
What about out here in the West Virginia part of NY? ie Finger Lakes Region
We are at war with Eastasia. We have always been at war with Eastasia.
I've been saying that for like soooo long...
You can only pump the bubble so full before something blows out.
Obama blows. Does that count?
No.
I just had a horrific mental image of Hillary's balls bouncing off of his chin.
I think I may be scarred for life.
GE, a bell weather, announced a multi ten billion dollar accelerated timeline stock buy back. That money WON'T be used for CapEx.
You have GOOG's Schmidt selling nearly half of his Google stock worth 2.5B.
Of course, no one will have seen it coming.
Anyone buying anything except ammo, seeds, draft animals and remote arable land with defensible characteristics, they aren't seeing it coming.
Concur. Best to practice a bit in all those aspects because "having" them without knowledge to utilize is at best a novelty.
...and try it without electricity.
There is a glimmer of hope left. Minimum wage going up to 4 - 1964 dimes. Maybe wages will continue up to equal 1913 levels.
Hope is inflating the stock market to 20,000 with fiat currency and hoping people it believe means that everything is great in the U.S.
I know I'm preaching to the choir here but:
The hope is just a deception, manipulation, a grande lie, that fooled enough idiots, including a lot of my relatives who are so gullible they still believe it today.
The hope is Obama's hope. His hubris does not allow him to thank all those who hoped he cared about them.
Bil Ayers Quotes :
Without armed struggle there can be no victory."
I still have hope.*
*I hope I don't end up in a frozen lasagna.
best to keep an eye on your horses first
Hope was the password that got 'em in the door and now change has become "chains" where the gov enslaves the rummys who believed it all in the first place.
hope is the change in ones pocket-- avoid at all cost rubbing twowoodden't??? nickles together for fear of spontaneous combustion when your empty pockets serve only as hand warmers...
The Hope CHAnGed
Where Did All The Hope Go?
It was all just a lie, you are surprised?
All of that "hope" is sitting in corporate balance sheets:
So basically, all of these "profits" corporates are reporting, are really just really huge lies. They are using these "profits" to take on more debt, and then using that debt to buy up commodities and acquisitions to expand the assets they "own" on their balance sheets (and then, higher up execs and managers take what they can off the top).
In essense, they are refusing to contribute to the recovery with these "gains".......but are doing so in a sort of survival mode by buying up their own shares to feign "growth", or outsourcing labor to China.
You'll never hear this from corporates during this "recovery" - so you serfs out there, just keep your head down and go back to work (for a lesser wage that valued in USD that is worth less)!
This isn't the hope and change you are looking for.
More like Hope and Blame. We don't have a spending problem, but I hope I can confiscate all of your money real soon and I Blame Bush, Big Banks, Big Oil, Big Insurance, the House, the weather, the EU, Asia....
Joseph Stalin: When we hang the capitalists they will sell us the rope.
or did he say Hope?
Today was the first day I met someone with true hope in many years. I had my vet out to float my horses teeth and he told me quite a tale. 10 years ago there were 15,000 horses in our area of San Diego, vet business was booming. Today there are now 2500 horses. He puts more horses down per week than provides care ( hmmm I think I found the source of the horse meat scandal). I started to feel really bad for him until he said the international vet market is exploding. Vets with good skills in race horses, grand prix jumpers and Olympic equestrian teams are hot ticket items. The 0.1% are dumping money in this area sinking millions in a single horse. He is flying all over the world. China, Kuwait, Germany. Money is no object. So my small town country vet has landed in clover and I am so happy for him. It's good to see someone find a way out of this morass. So, there is hope. That is, if you are a very very fortunate Remora that can find a shark you have Hope. Everyone else? God help you.
Miffed;-)