Guest Post: What "Average Joe" Really Thinks

Tyler Durden's picture




 
0
Your rating: None
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 11/10/2011 - 15:45 | 1867227 transaccountin
transaccountin's picture

the worse the numbers and dread the higher the funny magic retail sales climb, no inflation /sarc

Thu, 11/10/2011 - 15:53 | 1867266 Ahmeexnal
Ahmeexnal's picture

Average Joe Sixpack does not think.
He just follows the herd into the abattoir.

Thu, 11/10/2011 - 15:55 | 1867282 GeneMarchbanks
GeneMarchbanks's picture

If that comment doesn't get you 50+ arrows, then ZH readership quality is being diluted faster than GRPN or something.

Thu, 11/10/2011 - 16:10 | 1867336 Herd Redirectio...
Herd Redirection Committee's picture

"our leaders aren't listening"

Are you talking about the politicians?  Because they just put on a show of power, really their strings are being pulled from much higher up.  We all know its the 'Money Powers' who are running things, and things are going as they planned, thank you very much!  If there is a way to rid the world of a few billion 'useless eaters' you can be sure these guys will already have the groundwork laid.  Iran/Israel, any one?  I hope I'm wrong, I really really hope so.

Thu, 11/10/2011 - 16:47 | 1867511 SheepDog-One
SheepDog-One's picture

'Our leaders arent listening'...

No, its just that puppets do not have ears.

Thu, 11/10/2011 - 16:14 | 1867347 oddjob
oddjob's picture

ZH readership quality took a big dive 43 weeks 2 days ago.

Thu, 11/10/2011 - 16:39 | 1867397 GeneMarchbanks
GeneMarchbanks's picture

I see I've struck a nerve. Good. So... you've been feeling helpless for a year and 23 weeks or much longer?

Thu, 11/10/2011 - 16:52 | 1867547 oddjob
oddjob's picture

Maybe just lighten up on the patronizing just a tad.

Thu, 11/10/2011 - 17:36 | 1867696 GeneMarchbanks
GeneMarchbanks's picture

Why you and a few others(GRPN investors/members) took this as a personal attack is beyond me. As you can see most people here see 'average joe' marching to his own slaughter. Nobody is happy about it but it's so.

Thu, 11/10/2011 - 18:16 | 1867919 oddjob
oddjob's picture

Don't attach your groupon shit to me. If it doesnt produce Gold or Silver(or Oil) I won't touch it. I will leave those shit stocks to you and Robo.

Thu, 11/10/2011 - 18:30 | 1868007 Sgt.Sausage
Sgt.Sausage's picture

I had to look up abbatoir first, and then I gave him an upboat.

 

 

Thu, 11/10/2011 - 18:37 | 1868026 Flakmeister
Flakmeister's picture

Isn't it a nice feeling when you finally meet your roots Sgt. Sausage?

Thu, 11/10/2011 - 18:30 | 1868008 Sgt.Sausage
Sgt.Sausage's picture

I had to look up abbatoir first, and then I gave him an upboat.

 

 

Thu, 11/10/2011 - 18:50 | 1868070 traderjoe
traderjoe's picture

I hate holier-than-thou statements. A pox on you and the high horse you rode in on.

Thu, 11/10/2011 - 16:04 | 1867317 Shocker
Shocker's picture

I think the Average Joe, knows there are some serious problems in the economy. Its not that things don't look/work right, its because they are not.

All theses numbers are just used to keep you continually guessing, and to never have a clue

http://www.dailyjobcuts.com

.

Thu, 11/10/2011 - 16:50 | 1867531 Flakmeister
Flakmeister's picture

Yes, he knows something is wrong but he has no life experience to triangulate what is going on, all he has is neo-classical economic hacks of all stripes blowing smoke up his ass.... He does not have a sufficiently well rounded education to figure out who is lying and why. He is getting frustrated and angry....

Thu, 11/10/2011 - 16:58 | 1867486 GeoffreyT
GeoffreyT's picture

"Average Joe Sixpack does not think." 

 

And yet, those who believe in 'democracy' (mythologised gang rape) would have you believe that the votes of the non-thinking schlubs ought to determine which political parasites get to live palaces at everyone's expense.

That aside, I am less inclined than you to reprise the ideas of that tawdry cunt Lippman (who, like Leo Strauss, believed that the masses were too stupid to be trusted - and thus NEEDED to be lied to for their own good).

That might seem at odds with my contrarianism - my trading style is specifically based on the idea that the bulk of the crowd makes systematic, exploitable errors during periods of entreme sentiment: that is, that the crwod is usually wrong.

On balance, it seems to me that most of the people I've ever met are fundamentally pleasant and wish no undeserved ill on others... until they get told who to hate: usually it's the State  telling them who to hate, and especially so when the bodycount is significant.

One of the best expositions of this idea is "PsyWars" - see http://bit.ly/w1Q7da - which is similar to the (lower-key) "Manufacturing Consent".

 

Also, maybe we all need to cut Joe Six-pack some slack: the poor fucker spent twelve years being indoctrinated to pledge allegiance to a piece of cloth, and recite a socialist mantra like a Soviet-Style automaton. Then he gets chucked into a cubicle or a factory floor, and spends the rest of his life trying to make ends meet while being nickel-and-dimed by the system... by the time he gets home he's spent, and sits in front of the TV and gets hypnotised into believing all sorts of shit that his overlords want him to believe (we call that 'news').

His best bet is if he figures out that he can suckle at the tax-payers tit and become the BIG drain on humanity: the bureaucracy. 

If he becomes a soldier, or a pig (of whatever-the-fuck agency), or a prison guard or a TSA agent... THEN he's a valid target for disdain unless and until he changes his ways. Those cunts are WAY worse than Joe Sixpack, because they're the ones whipping so Massa don't needs to git he hands doity. They're the kapos, the house niggers - the people who actively work so that people who despise them can live in palaces.

 

Y'all might think I've had some Damascene conversion - after all, I bang on all the time about how 68% of Yanks believe that angels and demons are active in their everyday lives (according to a Pew Poll in 2007: see http://bit.ly/tkNBWN )... and of course there's the whole thing that people believe in a genocidal Sky Wizard who granted some sister-fucking nomad the keys to the kingdom in exchange for cock-snippings, blood sprinkles and burnt offal.

But that's my point entirely: if you take a child of normal intelligence and fill their head full of shit, you wind up with a person of normal intelligence whose head is full of shit.

 

Thu, 11/10/2011 - 17:22 | 1867709 nowhereman
nowhereman's picture

+1000

Thu, 11/10/2011 - 17:29 | 1867750 Flakmeister
Flakmeister's picture

Damn fine rant....

 

Thu, 11/10/2011 - 23:17 | 1868750 TruthInSunshine
TruthInSunshine's picture

GeoffryT,

I consider you a brother of mine after that spectacular, bare knuckled fury of truth you unleashed.

Thu, 11/10/2011 - 16:58 | 1867587 Freddie
Freddie's picture

Hope & Change.  Idiots brainwashed by TV and every channel and network are all the same.  Stupid sheep who watch TV.

Thu, 11/10/2011 - 18:55 | 1867652 Flakmeister
Flakmeister's picture

Speaking of idiots, you are making some noteworthy contributions... Haven't heard a well articulated thought come from your way yet, just a bunch of empty platitudes and rhetoric and some really misguided shit about energy...

Thu, 11/10/2011 - 20:03 | 1868278 Snidley Whipsnae
Snidley Whipsnae's picture

Flakmeister... Freddie is just visiting this planet... from planet 'The Oil Drum'...

 

Thu, 11/10/2011 - 20:42 | 1868367 Flakmeister
Flakmeister's picture

Naw... he escaped from the Yahoo! or Marketwatch boards....

Thu, 11/10/2011 - 21:21 | 1868467 Think for yourself
Think for yourself's picture

Now now, don't be too hard on the kid. Flak's criticism was tough but could at least be taken constructively. Now your devolving to name calling will definitely not show him how things are done around here, while doing yourself the dishonor of lowering you to his level conversationally. How about we clean up our rethoric a little?

Thu, 11/10/2011 - 22:32 | 1868609 Flakmeister
Flakmeister's picture

Fight Club is a tough place, fools of any stripe are not coddled....

If anything I was defending the Oil Drum....

Thu, 11/10/2011 - 15:46 | 1867232 WineSorbet
WineSorbet's picture

Explain to me why every restaurant is literally packed wherever I go almost every day of the week.  Granted I'm looking at Brooklyn and Manhattan but it's full of relatively young patrons spending a lot of money.  Bah.

Thu, 11/10/2011 - 15:47 | 1867246 malalingua
malalingua's picture

I bet it's on credit or on their student loans, same thing I guess.

Thu, 11/10/2011 - 15:52 | 1867263 ArkansasAngie
ArkansasAngie's picture

It isn't true here in Arkansas.

I have actually noticed my grocery store is fuller.

Thu, 11/10/2011 - 16:23 | 1867381 I Got Worms
I Got Worms's picture

For the past year, every time I've made a trip to Lowe's (in Texas) it's been damn near empty.

Thu, 11/10/2011 - 17:16 | 1867674 11b40
11b40's picture

For the first time in memory, both Lowes & Home Depot are closing doors and reducing store count.  New stores are coming that will have smaller footprints, fewer items.  More emphasis on their web sites, too.

Thu, 11/10/2011 - 20:05 | 1868282 Snidley Whipsnae
Snidley Whipsnae's picture

ArkAngie... Perhaps your grocery store is 'fuller' because more people are preparing meals at home?

...and the Lowes/Home Depot in my area are like ghost towns.

Thu, 11/10/2011 - 16:11 | 1867288 TruthInSunshine
TruthInSunshine's picture

Explain to me why every restaurant is literally packed wherever I go almost every day of the week.  Granted I'm looking at Brooklyn and Manhattan but it's full of relatively young patrons spending a lot of money.  Bah.

 

Because a) Manhattan and various other welfare state areas, bailed out and blessed by Paulson, The Bernank, Geithner, ObaMao & Daley, (having the all important /s financial industry subsidized by taxpayers in the rest of the nation thanks to The Bernank & Geithner), hasn't had its day of true reckoning yet, and b) even those who can't make it in that highly subsidized space still have their plastic fantastic and have to "fake it until they make it - or crash and burn, tapped out."

Don't worry, though. Basic arithmetic forecasts to all with their eyes and ears open, with a 100% successful track record, that the subsidization is closer to the end, one (less violent and messy) way or (more violent and messy) another.

Wall Street & K Street - the two true welfare, taxpayer subsidized clusters in Amerika.

 

"I'll have some of the yellow -- oh, and some of that blue."

-- Cousin Eddie

(Cousin Eddie, who used to make 200k+ a year as a mortgage broker in Las Vegas during the housing bubble, and who typically then ate at Craftsteak & Del Frisco, was recently spotted in a buffet line at Filthy Sam's Casino & Truck Stop in Reno, flouting a Hawaii print shirt, splurging on the $1.99 all you can eat jello buffet.)

Thu, 11/10/2011 - 15:51 | 1867262 Temporalist
Temporalist's picture

Go to a restaurant where they accept only cash.

Thu, 11/10/2011 - 15:54 | 1867270 scatterbrains
scatterbrains's picture

because your either not paying your mortgage or your living in mommy's basement... leads to enough spare change to go out and pretend all is well and forget your problems over a burger and beer.

Thu, 11/10/2011 - 15:53 | 1867273 sabra1
sabra1's picture

RobotTrader , his family, and friends, living it up on his daily winning stock market picks!

Thu, 11/10/2011 - 15:53 | 1867274 tickhound
tickhound's picture

18 yr olds being bombarded with credit card applications... One last market to tap out.

Thu, 11/10/2011 - 15:55 | 1867283 Thorny Xi
Thorny Xi's picture

80% of the people are still working on average, with 20% under/unemployment, and 90% of the younger ones don't know how to cook? 

Thu, 11/10/2011 - 16:50 | 1867535 SheepDog-One
SheepDog-One's picture

No, 80% of 'the people' arent working, only 1 out of 5 'work' in the first place. You mean 80% of the workforce is working.

Thu, 11/10/2011 - 18:57 | 1868097 Sgt.Sausage
Sgt.Sausage's picture

I don't know who upvoted that, but I should downvote you both. "only 1 out of 5 'work' in the first place."

I call shenanigans on that. [1]. That's only 20% of the population.

Let's get to a, y'know, actual source: the Bureau of Labor Statistics. BLS puts the current number at 58.4%[2] - call it three times your 20%.

I fully understand the nature of some "fudging" of data here and there, especially by FedGov[3], but to inflate the workforce numbers by 300%? I want some of what you're smoking.

 

[1] Actually, I call "bullshit".

[2] http://www.bls.gov/news.release/archives/empsit_11042011.pdf  Table A1, "

Employment-population ratio"

 [3] http://www.shadowstats.com/

Here's your downvote.

 

Thu, 11/10/2011 - 15:57 | 1867290 karzai_luver
karzai_luver's picture

Well where we go lots of places are packed and just around the corner or down the block are 5 places that are closed.

Look around , you may or may not find the same.

There are spots where the "downturn" never really hit hard and other spots that were wiped out.

 

 

Thu, 11/10/2011 - 16:03 | 1867310 pods
pods's picture

And of course picking one of the most densely populated areas in the US where most do not have a day's worth of food stored translates well to the rest of the world.

pods

Thu, 11/10/2011 - 16:07 | 1867326 Hippocratic Oaf
Hippocratic Oaf's picture

If you walked into said restaurant you would notice what they are NOT eating and drinking. My wife and I notice a lot of shared meals and the city is always running 'restaurant weeks'. Restaurants are places to meet and chat because most people live in apartments that they are embarrassed of. Even 'full', restaurants suffer to an extent.

Thu, 11/10/2011 - 17:21 | 1867702 11b40
11b40's picture

Go long "to go" boxes.  I am seeing more of them.  At the end of the meal, what hasn't been eaten is going home to be eaten later.  Just watch when you go out to dinner.

Thu, 11/10/2011 - 16:12 | 1867340 Moe Gamble
Moe Gamble's picture

It's definitely not what I'm seeing in Vegas. Restaurants are less crowded, stores are less crowded, casinos and shows are less crowded. Plus long-established restaurants, stores and businesses are still closing.

Thu, 11/10/2011 - 18:55 | 1868087 cynicalskeptic
cynicalskeptic's picture

Vegas is doomed.

It is based on an economic model depending on people having money to lose, and is located far from its customer base - requiring gas or jet fuel to vitsit.  Furthermore it's in the middle of a desert - in a place no sane humans would otherwise live.  Eneregy and water will both be in shorter and shorter supply in the future - with fewer and fewer customers for the vices Las Vegas offers.  The whales are going elsewhere - especially the Asians who are staying closer to home - while the small fish don't have any money to lose these days.

Thu, 11/10/2011 - 16:14 | 1867341 bbq on whitehou...
bbq on whitehouse lawn's picture

Margin squeese. Less places less places to go, if you have the money.

Dating is still occuring dispite the ecomomy.  Some forces are stronger then others. Ask any phd, or teen.  Since teens have all the answers and know everything.

 

Ps. I guess you got your explination.

Thu, 11/10/2011 - 16:22 | 1867379 Cugel
Cugel's picture

Ask any phd, or teen.  Since teens have all the answers and know everything.

Yeah, and Ph.Ds, too!

Thu, 11/10/2011 - 16:19 | 1867366 GeneMarchbanks
GeneMarchbanks's picture

That's elementary, American women (generally speaking) can't cook. Hence the restaurants are always full, plus the 'food' served there has an addictive component.

Thu, 11/10/2011 - 16:20 | 1867373 paterphysi
paterphysi's picture

Living in NYC I see this too, especially where I work. But then in my office the vast majority of people come from money -- there are people here in their 30s whose apartments are paid for by mommy and daddy. I guess they are immune from the day-to-day worries of the middle class.

 

I bet if one went to the real Brooklyn (not Park Slope, Brooklyn Heights, Williamsburg, etc.) one would see those having trouble with paying for groceries and all that.

 

Do NOT follow this link or you will be banned from the site!