Keyword: gloomanddoom

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  • Hill Poll: Gloomy voters say US on wrong track, kids will be poorer

    12/17/2012 5:14:48 PM PST · by CutePuppy · 42 replies
    The Hill ^ | December 17, 2012 | Sheldon Alberts
    A mood of economic gloom hangs over the nation as President Obama and Republican leaders scramble to strike a deficit deal that avoids automatic tax hikes and spending cuts, according to a new poll for The Hill. The poll, conducted by Pulse Opinion Research, found nearly 6-in-10 people (59 percent) feel the country is on the wrong track. It also showed people are deeply pessimistic about their chances for future prosperity, with 54 percent saying they believe their children will be worse off as adults than their parents.The poll results cast a shadow over talks in Washington aimed at averting...
  • Glenn Beck Radio Thread Fri. 4/8/11

    04/08/2011 5:55:32 AM PDT · by Texas Eagle · 11 replies
    http://www.glennbeck.com ^ | 4/8/11 | Glenn Beck
    Streaming audio
  • The End of the American Republic

    03/18/2010 9:46:44 PM PDT · by The Conservative Camp · 76 replies · 1,786+ views
    The Conservative Camp ^ | March 19, 2010 | Robert Ditmar
    The Democrats have now cleared the way to ram the final health care socialism package through the House this Sunday by using "deem and pass." They are in open and direct violation of Article 1, Section 7 of the United States Constitution. The vast majority of Americans who are adamant in their opposition to this imposed socialism are screaming at the top of there lungs to have their elected "representatives" hear them and vote the way the majority wants. The Democrats in the House and Senate have a message for all of you. Screw the constitution, and screw you, too!...
  • HURRICANE EARTH (It Finally Hit Us)

    02/04/2010 4:06:57 PM PST · by blam · 15 replies · 1,109+ views
    The Business Insider ^ | 2-4-2010 | Joe Weisenthal
    HURRICANE EARTH Joe Weisenthal Feb. 4, 2010, 5:40 PM From the time the market started rallying last March, skeptics have been warning of a coming storm ahead. Today, it felt like we experienced it. As one market pro put it today: This was real. Here are the key highlights: * The 15 sovereigns at risk of collapse > * 20 reasons the economy can't recover > * Morgan Stanley: We can't believe how fast the euro unraveled > * The Dow crashes through 10,000 > * It's a good thing you're hedge with gold > * The crazy action in...
  • The $700 trillion elephant (Gargantuan derivatives market weighs on all other issues)

    03/07/2009 9:49:52 AM PST · by Ernest_at_the_Beach · 99 replies · 2,140+ views
    Market Watch ^ | March 6, 2009 | THOMAS KOSTIGEN'S ETHICS MONITOR
    SANTA MONICA, Calif. (MarketWatch) -- There's a $700 trillion elephant in the room and it's time we found out how much it really weighs on the economy. Derivative contracts total about three-quarters of a quadrillion dollars in "notional" amounts, according to the Bank for International Settlements. These contracts are tallied in notional values because no one really can say how much they are worth. But valuing them correctly is exactly what we should be doing because these comprise the viral disease that has infected the financial markets and the economies of the world. Try as we might to salvage the...
  • 41 US States Face Bankruptcy In 2009

    12/08/2008 7:24:08 AM PST · by dennisw · 73 replies · 6,390+ views
    James Sinclair ^ | December 7, 2008 at 3:31 pm | Jim Sinclair
    41 US States Face Bankruptcy In 2009A recent study by The Center on Budget and Policy Priorities revealed that 41 states are facing severe budget shortfalls for 2009. Some states are worse off than others, with California ($31.7 billion) and Florida ($5.1 billion) leading the deficit pack. In all, the 41 states are currently facing a $71.9 billion budget shortfall. The key word here is “currently,” since a similar study was conducted by the same group only three months earlier, at which time “only” 29 states were predicted to face shortfalls of a “mere” $48 billion. As the recession...
  • Why Barack Obama Should/Will Win (Harsh, but mostly true)

    10/08/2008 1:11:10 PM PDT · by 2ndDivisionVet · 132 replies · 4,377+ views
    Townhall ^ | October 08, 2008 | Chris Herz
    Don't misunderstand me: Obama is wrong on Iraq, Iran, Pakistan, Russia, health care, corporate tax rates, investment taxes, education flexibility, abortion regulation, immigration policy, meeting with dictators, social security, energy, trade, and believing that subprime lending was a good idea. He has opportunistically changed or regularly misstated his positions on public financing, gun control, born alive infant protection, wire tapping, timetable for Iraq, elimination of the Bush tax cuts, the DC gun ban, an undivided Israel, the Cuba embargo, NAFTA, participation in town halls with McCain, oil drilling, and support of nuclear power. He has no major legislative accomplishments as...
  • the mark LEVIN show

    10/02/2008 3:03:06 AM PDT · by Boucheau · 7 replies · 509+ views
    the mark LEVIN show ^ | 10/01/2008 | mark LEVIN
    Enjoy it here
  • Astronomers Find Unusual New Denizen Of The Solar System

    08/19/2008 10:57:10 AM PDT · by Raineygoodyear · 20 replies · 114+ views
    Science Daily ^ | August 19th, 2008
    A "minor planet" with the prosaic name 2006 SQ372 is just over two billion miles from Earth, a bit closer than the planet Neptune. But this lump of ice and rock is beginning the return leg of a 22,500-year journey that will take it to a distance of 150 billion miles, nearly 1,600 times the distance from the Earth to the Sun, according to a team of researchers from the Sloan Digital Sky Survey (SDSS-II). The discovery of this remarkable object was reported today in Chicago, at an international symposium titled "The Sloan Digital Sky Survey: Asteroids to Cosmology." A...
  • Economic Woes Reveal a Long-Felt Unease (BARF ALERT)

    02/18/2008 11:12:44 AM PST · by murdoog · 15 replies · 38+ views
    Yahoo Financial News ^ | February 18,2007 | AP
    As Economic Tide Recedes, an Undertow of Long-Simmering Insecurities Grows Among Americans Even when experts were declaring the economy healthy, many Americans voiced a vague, but persistent dissatisfaction. True, jobs were relatively plentiful over the last few years. It was easy to borrow and very cheap. The sharp rise in the value of homes and plentiful credit cards encouraged a nation of consumers to get out and buy. But to many people, something didn't feel right, even if they couldn't quite explain why. Now the economic tide is receding, and the undertow that was there all along is getting stronger....
  • Ten Ways to Prepare for a Post-Oil Society

    01/16/2008 3:45:36 PM PST · by dufekin · 122 replies · 246+ views
    Out in the public arena, people frequently twang on me for being “Mister Gloom’n’doom,” or for “not offering any solutions” to our looming energy crisis. So, for those of you who are tired of wringing your hands, who would like to do something useful, or focus your attention in a purposeful way, here are my suggestions: 1. Expand your view beyond the question of how we will run all the cars by means other than gasoline. This obsession with keeping the cars running at all costs could really prove fatal. It is especially unhelpful that so many self-proclaimed “greens” and...
  • Traitors in our Midst

    09/09/2007 9:17:03 PM PDT · by joanie-f · 95 replies · 1,959+ views
    10 September, 2007 | joanie-f
    My husband and I discovered this morning that yet another young man whom we know well has volunteered to be deployed to Iraq. He will be leaving in January. Which spurred me to do some serious thinking on the subject of our young men volunteering … My support for the war effort in Iraq has dwindled, for two sad reasons: (1) Our president told us four years ago that America has to battle the terrorists in the Middle East in order to prevent the need to battle them here on our own soil. So we are sending our troops...
  • The masses have amassed too much .. Mark Steyn

    09/07/2007 10:23:35 AM PDT · by Rummyfan · 40 replies · 2,370+ views
    The National Post ^ | 2 September 2007 | Mark Steyn
    This Labour Day, I thought about the working class, the masses. No, honestly, I did. Okay, I was on the beach, but the folks around me lying on the sand had jobs they'll be getting back to this morning. They worked. They would be classed as workers. But they're not a homogeneous "working class," they're not conscripts in Karl Marx's "masses." The transformation of Labour Day, from a celebration of workers' solidarity to a cook-out, is the perfect precis of the history of Anglo-American capitalism. If you want to see what "the masses" are meant to look like, buy a...
  • Credit Worries Swirl Around GMAC

    Cerberus Capital Management may be celebrating its historic acquisition of Chrysler after turmoil in the credit markets delayed the deal, but no champagne is flowing for the private-equity firm's other landmark purchase in Detroit. GMAC, the finance arm of General Motors (GM - Cramer's Take - Stockpickr) that is 51%-owned by Cerberus, is facing worries in the derivatives markets about bankruptcy at its mortgage-lending unit. The price of credit protection for GMAC's mortgage business, Residential Capital, or ResCap, soared by more than $100,000 a year on Friday, as measured by the credit default swaps market. "ResCap is trading like it...
  • Mark Steyn: Don't Ruin Economy Over Tiny Temp Rise

    02/11/2007 4:35:19 AM PST · by Tom D. · 70 replies · 2,914+ views
    Chicago Sun-Times ^ | February 11, 2007 | Mark Steyn
    Don't Ruin Economy Over Tiny Temp Rise February 11, 2007 BY MARK STEYN Sun-Times Columnist Our Thought For The Week comes from the Boston Globe's Ellen Goodman: "I would like to say we're at a point where global warming is impossible to deny. Let's just say that global warming deniers are now on a par with Holocaust deniers, though one denies the past and the other denies the present and future." That would be yours truly: the climate holocaust denier. I wrote last week about "global warming," or "cooling," or "climate change," or (the latest term) "climate disruption" -- for...
  • No traders, no market as foreigners are sent packing

    02/02/2007 10:42:55 PM PST · by primeval patriot · 36 replies · 840+ views
    TimesOnline ^ | February 01, 2007 | Tony Halpin
    Dmitri Konstantino from Moldova gestured glumly around him at the empty stalls in Moscow’s largest food market yesterday and asked: “So, where are all these Russians?” His question is being repeated at markets across the country as an attempt to create jobs for Russians by imposing strict quotas on migrants appeared to have backfired. Two weeks after the Government introduced a law limiting nonRussians to 40 per cent of the workforce, Russia’s markets are emptying of traders as hundreds of thousands of foreigners are expelled. Stalls run traditionally by people from Central Asia and the Caucasus are standing bare, as...
  • Foreclosure rates likely to stay high [TEXAS]

    12/28/2006 8:46:51 PM PST · by Dubya · 20 replies · 758+ views
    STAR-TELEGRAM ^ | Dec. 28, 2006 | ANDREA JARES
    Foreclosures in 2006 reached levels not seen since the real-estate crash of the late 1980s, and it doesn’t look like they’re coming down anytime soon. “There is no reason for the foreclosures to actually drop significantly,” said George Roddy, president of Foreclosure Listing Service, which tracks foreclosure postings. About 1,000 properties in Tarrant County were scheduled for auction every month this year, with about 40 percent to 50 percent of them actually sold on the courthouse steps, according to Roddy’s company. Many avoided foreclosure by selling their houses beforehand, reaching agreements with their lenders or filing for bankruptcy protection. Roddy...
  • 3 articles prove Nations switching from Dollar to EURO

    12/28/2006 2:09:14 AM PST · by RaceBannon · 66 replies · 2,449+ views
    There have been a few threads in the last year or so warning of the desire of nations to switch from the dollar tothe Euro and the possible recession and inflation tis would cause. Many here said it would not happen. Here are 3 separate articles from DRUDGE yesterday showing that this is going on right now.
  • US housing market is different this time - it's worse (From UK)

    12/08/2006 10:07:04 AM PST · by RobRoy · 41 replies · 1,405+ views
    MoneyWeek ^ | 12/8/2006 | Cris Sholto Heaton
    “It’s different this time,” are four of the most alarming words an investor can hear. Very rarely do things turn out differently; history shows that normally they go wrong in almost exactly the same way they did last time round the cycle. But when it comes to the US housing market, there are reasons to expect that things will be different this time. But not in the way that optimists expect – instead the difference is that the damage could be more far-reaching than ever before. Plenty gets written about the vast scale of this real estate bubble, the world...
  • The ABC/Washington Post generic ballot preference moved eight points?

    11/04/2006 10:07:19 PM PST · by perfect_rovian_storm · 22 replies · 1,324+ views
    http://tks.nationalreview.com/ | 11/04/2006 | Jim Geraghty
    Generic numbers have been volatile all year; will we see any shift to Republicans this weekend? If we do, Obi thinks it could be significant. He sees an interesting glimmer in the Wall Street Journal’s pollsters noting that Americans are starting to give credit to Bush for good economic growth. The ABC Washington Post poll generic ballot question, two weeks ago: Dem Rep Other Neither Will not No cand. cand. (vol.) (vol.) vote (vol.) opin. 10/22/06 LV 55 41 0 1 * 3 10/22/06 RV 54 41 * 1 * 3 The ABC Washington Post poll, today: Dem Rep Other...