Say Anything Blog

Really is that alarmist language, “plunged”, “stopped going to the mall”, “onset of a recession”, justified by a measly 6 tenths of a percent in retail sales in February.  After all February was a very cold month and that could have kept some shoppers home.  I doubt it helped sales because people probably have already bought their winter stuff.

Yeah, I was freezing for the last two months here in Hawaii.  In California, it was soo cold, people wouldn’t leave their houses.

And lets remember, anyone who has to lie and distort to make a point can’t be relied on for anything.  Sorry Rob, you just cut yourself out of the debate.  Nicely done.

The bottom line is that this story was chock full of distortions. 

Was it also a lie when Bush said the economy is in trouble and he cited all of the problems we are facing and then said to wait until his economic package started to stimulate the economy?

I cant get to the article you cited anymore because it requires a password and account.  I’m tired of spam so im not digging it up.  But essentially there are a lot of facts that do state we have a problem. 

The facts are there for anyone to find.  If they can’t make their case without lying then they obviously have no case and more importantly cannot be counted on to ever tell the truth.

They are, and Bush stating we have an issue with our economy and scrambling to make adjustments to counter those issues is proof we have an issue.

So the question remains:  Why are you distorting and lying that we don’t have a problem Rob?

Shame on the Associated Press and lesser shame on the Grand Forks Herald for giving them space in their newspaper.

Shame on you for not including the rest of the post that suggests that you are the one distorting.

Hannitized, whether we like it or not, is right on this one. The economy - retail and wholesale - is in trouble.  And not just our economy, but a global one as well. Could be some tough times ahead.

The good news is that if the dems just stay out of this, a market-correction will emerge.  But, since they have a vested-interest in keeping the dollar weak for the November election, don’t look for that to happen.  Bush is already being compared to Hoover. Give me a break!

"Here lies, in honored glory, an American soldier, known but to God.”

THIS ELECTION IS ABOUT TWO THINGS: WINNING THE WAR ON TERRORISM AND SAVING THE SUPREME COURT.

If by “in trouble”, you mean that growth has slowed down a bit, you’re right.  If you’re trying to sell a recession or, as some lefties are doing, a depression, you’re simply scaremongering, and are adding to the problem.
The truth is, a very cyclical part of our economy is in a down cycle, exacerbated by regulations that required those bad loans to be made as part of a housing “affirmative action” program.
We made it through a far worse economic time(the Carter administration), and will make it through this one, even if the govt tries to “fix” it.

"If the good men are silent only the wicked are heard.” - Edmund Burke

I don’t believe that there is a knowledgeable conservative office-holder, economist, pundit or commentator who is currently saying that everything is just fine with our economy.  Nor is there one stupid enough to suggest that what happens in the American economy won’t have world-wide financial and economic repercussions.

But the point of Whistler’s post, as I read it, is that there is no justification for the alarmist rhetoric used by the Associated Press.  And in this he is correct.

While we are long past the point where any rational individual expects objective, fact-based reporting from the MSM, including AP, the hyperbolic language in this particular story is hardly justified by the facts and numbers presented.

Was it really so long ago that those on the Left, including the Associated Press, were pleased to be trumpeting the word “nuanced” in a bald-faced attempt to disparage the intelligence and judgment of the President and his administration?  Apparently, practicing what they preach is NOT something which can be reasonably expected of liberals.

“Poverty of goods is easily cured; poverty of the mind is irreparable.”

http://www.usadaily.com/section.cfm?sectionID=188

Stocks Down After Bear Stearns Deal

The Fed appears to be pledging to do everything in its power to keep the credit crisis from destroying the financial industry and the economy. Policy makers at the central bank are expected to reduce the target fed funds rate _ the rate banks charge each other for overnight loans _ by at least a half-point on Tuesday, and perhaps even a full point.

http://www.usadaily.com/article.cfm?articleID=296259

Oil Plummets on Economy Worries

(AP) By JOHN WILEN
AP Business Writer

Oil prices fell sharply Monday, pulling back at least temporarily from record levels as investors feared that the financial crisis that forced the sale of Bear Stearns Cos. is a sign of deep economic troubles.

Crude’s plunge came even as diesel prices rose to a new record above $4 a gallon, and gas prices remained high. Diesel, used to transport the vast majority of the nation’s goods, rose 1.3 cents to a national average of $4.002 a gallon Monday, according to AAA and the Oil Price Information Service. The national average price of a gallon of gas, meanwhile, dipped slightly to $3.283 a gallon, but remains 73 cents higher than a year ago.

Exacerbated by… bad loans… affirmative action

Interesting that the MSM don’t want to touch that one!

Here on the East Coast, in new developments occupied mainly by minorities, FOR SALE signs are up like mushrooms.  Are you seeing the same thing on the left coast?

"Here lies, in honored glory, an American soldier, known but to God.”

THIS ELECTION IS ABOUT TWO THINGS: WINNING THE WAR ON TERRORISM AND SAVING THE SUPREME COURT.

So-called “Hannitized” tries the same old leftie dodge of changing the subject; the AP is lying about the sales figures.  I ask again: If the economy is so bad, why do they need to lie about it?
Why is bad news for America such good news for the lefties?

"If the good men are silent only the wicked are heard.” - Edmund Burke

H,

Are you trying to make a particular point, or are you simply practicing your “cut and paste” skills in your spare time?

“Poverty of goods is easily cured; poverty of the mind is irreparable.”

the AP is lying about the sales figures.

How about we dial back the rhetoric a bit. Retail sales were down from the previous month so clearly the AP didn’t lie.  The argument that the story is too negative given the year over year data is perfectly sound so why not stick with that?

No passion so effectually robs the mind of all its powers of acting and reasoning as fear
*Edmund Burke*

Retail sales were down from the previous month so clearly the AP didn’t lie.

That’s not the metric for comparing sales figures.  Comparing sales from month to month isn’t the way it’s done, and AP knows it.  Because things vary seasonally, the way sales figures are compared is with the previous year’s figures for the same month.  AP was lying, no doubt, and it was for propaganda purposes.  They got caught; sorry you don’t like it.  No “rhetoric” here, just facts.

"If the good men are silent only the wicked are heard.” - Edmund Burke

BTW, Mike; oil prices “plunged” today(or did they “plummet”?); are you on top of that good news?

"If the good men are silent only the wicked are heard.” - Edmund Burke

I thought it was contained.

Why aren’t the tax cuts workin.

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Why aren’t the tax cuts workin.

Typical leftie attempt at distraction; tax rate cuts always work, even when JFK did them.  It’s basic economics.  The trick is to get Congress to spend less and to stop passing legislation that forces “affirmative action” quota practices on the home loan industry.
The lying propaganda by the AP doesn’t help, either.

"If the good men are silent only the wicked are heard.” - Edmund Burke

Retail sales were down from the previous month so clearly the AP didn’t lie.

Shoppers stopped buying everything.

Excuse me, even on the month to month sales that isn’t true.  Shoppers bought slightly less would be the story.

The story is designed to scare with an untruth.  They are liars.

The economy has some problems in certain areas, but retail sales are not one of them.

The Debate is over!  Global Whining has been confirmed.

so it is contained!

“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Actually, of course, the tax rate cuts have been working, as they have each and every single time tax rates were cut in the past (Cooledge, JFK, Ford, Reagan, and Bush), and for those who would seriously wish to see economic activity start to increase rapidly again, I would suggest making the Bush tax cuts permanent, further reducing the cost of capital by eliminating the tax on dividends altogether, and indexing capital gains for inflation and further reducing the tax rate on capital gains to a flat 12.5% The effect of these rate reductions on our economy would be nearly instantaneous.

“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat1, for the liberals benefit I would suggest that Clinton’s signing the lower capital gains tax rate the Republican sent up there also proves that tax cuts spur economic activity.

The Debate is over!  Global Whining has been confirmed.

r108...I was hoping for a little civility. It was nice to the the oil price dip but I see those leftists are just cheer leading even harder so I’m sure it’s headed back up soon.

No passion so effectually robs the mind of all its powers of acting and reasoning as fear
*Edmund Burke*

and where’s lik to fix the italics I’d like to know.

No passion so effectually robs the mind of all its powers of acting and reasoning as fear
*Edmund Burke*

r108...I was hoping for a little civility.

You mean like all the times you have impugned my credibility?
BTW, both Clinton and Obama today blamed the state of the economy on President Bush.  I guess you got clairvoyance instead of civility from me, although I really don’t think I’ve been uncivil to you.

"If the good men are silent only the wicked are heard.” - Edmund Burke

Mike,

Our tag closer extraordinaire seems to be missing.

pparets,

I’m in a brand new neighborhood in San Jose (oldest home less than 4 years old).  There are more than normal for sale, and a whole lot more than normal in forclosure.  60% of the homes on the market or in foreclosure are investment properties.  Only a few of the higher end homes are for sale, none are in foreclosure.

Out Here
Rodney G. Graves

Persia delenda est.
Latin: “Persia (modern day Iran) should be destoyed”

Glad you could step up RG. Is tag closing a four year program or is the training more of an apprenticeship deal? I’m considering a career change and the glamour appeals to me.

No passion so effectually robs the mind of all its powers of acting and reasoning as fear
*Edmund Burke*

r108...I’m just disappointed when a discussable topic is marred by the partisan gunk. This AP story is a perfect example of the MSM’s lame and, dare I say, misleading economic reporting and yet we have to wade through the usual claims of “they’re lying for partisan gain” nonsense.

I guess I’ll have to amuse myself with the “which investment bank fails next” game...looks like Lehman Bros. to me BTW.

No passion so effectually robs the mind of all its powers of acting and reasoning as fear
*Edmund Burke*

MikeAdamson:  The vitriol can get a little thick.

"Here lies, in honored glory, an American soldier, known but to God.”

THIS ELECTION IS ABOUT TWO THINGS: WINNING THE WAR ON TERRORISM AND SAVING THE SUPREME COURT.

...and yet we have to wade through the usual claims of “they’re lying for partisan gain” nonsense.

It’s not nonsense; it’s why the reporting is so different when a Dem President is presiding over a bad economy.  When it was Carter, it was never his fault(according to the MSM), but now both Dem candidates are blaming this on President Bush, and the MSM is going along with it, as well as printing “misrepresentations” to bias the public toward the Dem view.  It’s pretty obvious, and I’m surprised a guy as sharp as you can’t see it.
I think bad investors should go down, so good ones can take their place.

"If the good men are silent only the wicked are heard.” - Edmund Burke

great post! thanks for sharing!

Rob or Lik: Spambot Cleanup

toronto trade show displays is the bot in question.

Out Here
Rodney G. Graves

Persia delenda est.
Latin: “Persia (modern day Iran) should be destoyed”

Yeah but he liked my post Rodney. 

The Debate is over!  Global Whining has been confirmed.