unemployment rate up.. hmm i wonder why?

Discussion in 'Politics & Religion' started by ncz_nate, Sep 7, 2007.

  1. #1
    maybe cause they raised the minimum wage like they said they would..


    (o sh*t i never seen that coming!)
     
    ncz_nate, Sep 7, 2007 IP
  2. ncz_nate

    ncz_nate Well-Known Member

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    #2
    if you're into buying stocks, nows a good time to buy them.. probly alot of bear markets along with a liberal leadership.

    but i'm new to it all so thats just a guess
     
    ncz_nate, Sep 7, 2007 IP
  3. lorien1973

    lorien1973 Notable Member

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    #3
    why would you buy stocks if you predict a bear market coming up? you'd lose money.
     
    lorien1973, Sep 7, 2007 IP
  4. ncz_nate

    ncz_nate Well-Known Member

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    #4
    i know. i mean you buy them once the bear market hits, then when conservatives get into office the stock price rises
     
    ncz_nate, Sep 7, 2007 IP
  5. akula

    akula Peon

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    #5
    Ya think that Countrywide cut up all these jobs cause "they raised the minimum wage"?

     
    akula, Sep 7, 2007 IP
  6. d16man

    d16man Well-Known Member

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    #6
    no, they cut all those jobs because they were stupid enough to give joe blow a loan even when joe blow couldn't afford to pay for it...
     
    d16man, Sep 7, 2007 IP
  7. ncz_nate

    ncz_nate Well-Known Member

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    #7
    no not countrywide. what is your analysis of why the real estate market sucks right now?

    i could think of it, but i just do not feel like thinking right now. and i know someone's gonna come in here and post a funny little comment about how i don't ever like to think. no.. just not right now
     
    ncz_nate, Sep 7, 2007 IP
  8. ncz_nate

    ncz_nate Well-Known Member

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    #8
    yeah i did keep hearing about this whole government interference thing with the real estate.. hmm
     
    ncz_nate, Sep 7, 2007 IP
  9. cb711

    cb711 Well-Known Member

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    #9
    you are right. they were just being greedy
     
    cb711, Sep 7, 2007 IP
  10. d16man

    d16man Well-Known Member

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    #10
    exactly...when it comes to money, people will do anything...the problem is that it is not the right time to sell a house, but a great time to buy...that makes the seller's market more saturated than usual, and leads to job cuts when properties are not being sold.
     
    d16man, Sep 7, 2007 IP
  11. akula

    akula Peon

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    #11

    And they also gave a lot of people jobs........BTW Countrywide is not the only subprime lender.
     
    akula, Sep 7, 2007 IP
  12. akula

    akula Peon

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    #12
    You go ahead and buy up some "cheap" houses there smart guy. We all know that the housing market is going to rebound big time....LOL.
     
    akula, Sep 7, 2007 IP
  13. cb711

    cb711 Well-Known Member

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    #13
    which also means there are more job cuts to come.
     
    cb711, Sep 7, 2007 IP
  14. akula

    akula Peon

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    #14
    Exactly.;)
     
    akula, Sep 7, 2007 IP
  15. guerilla

    guerilla Notable Member

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    #15
    Welcome to the credit society. Buy now above your means, and spend the rest of your life paying for it.
     
    guerilla, Sep 7, 2007 IP
  16. cb711

    cb711 Well-Known Member

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    #16
    Is this how it is in other countries other than the US? or are we alone
     
    cb711, Sep 7, 2007 IP
  17. ncz_nate

    ncz_nate Well-Known Member

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    #17
    if i were ever to run for pres., which would be a horror story for some of you.. i'd lower the minimum wage to $2.

    if you think about it, what would be wrong with doing that? actually put that scenario into play and think. unless there is something wrong, correct me, but what sense does it make to raise the minimum wage?

    not only does this increase unemployment, but it is allowing the uneducated to make a lavish living off of unskilled labor. which lowers competition and standards and pretty soon we'll all be living by the same paycheck scrubbing the floor at your local mcdonalds. minimum wage was never meant to live off of.

    democrats are wise in who they pick their voters. plant the seed in the uneducated.
     
    ncz_nate, Sep 7, 2007 IP
  18. d16man

    d16man Well-Known Member

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    #18
    I never said they were? are you trying to pin me for something I didn't say?

    My wife and I did buy a "cheap" house...our house averaged 18K less than the other houses in our neighborhood...so when the market comes back in a year or two, we might look at selling and turning a profit...if nothing else, we will have built some nice equity in our house and can do remodeling if we want to.
     
    d16man, Sep 7, 2007 IP
  19. guerilla

    guerilla Notable Member

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    #19
    The President doesn't have that power. Run for Congress.

    What sense does it make to lower it?

    I think you are coming at this from the incorrect angle.

    What wage restrictions do is restrict the market, harming both the worker, the employer and ultimately the consumer.

    The welfare state and government entitlements are as responsible for unemployment as the minimum wage. Remove the ability for people to be unemployed and still enjoy some standard of living, and they will start their own businesses if they cannot find jobs.

    This crazy concept is the foundation of capitalism. It's called a free market. Social welfare and fixed wages are communist ideas.
     
    guerilla, Sep 7, 2007 IP
  20. akula

    akula Peon

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    #20
    Pin you? What are you a donkey?

    Good job, now all you have to do is wait for the market to rebound to cash in....LOL :rolleyes:
     
    akula, Sep 7, 2007 IP