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  1. #1 Wholesale prices soar in June; sales are sluggish 
    Senior Member LogansPapa's Avatar
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    AP / Tuesday July 15, 10:32 am ET
    By Martin Crutsinger, AP Economics Writer

    Soaring energy, food push inflation up at fastest in 27 years;weak autos pressure retail sales


    WASHINGTON (AP) -- The economy showed the depth of its twin problems on Tuesday, slow growth and rising inflation, as the nation wrestled with a teetering financial system, a slumping dollar and rising prices for food and fuel.

    The Labor Department reported that soaring costs for gasoline and food pushed inflation at the wholesale level up by a bigger-than-expected 1.8 percent in June, leaving inflation rising over the past year at the fastest pace in more than a quarter-century.

    Over the past 12 months, wholesale prices are up 9.2 percent, the largest year-over-year surge since June 1981, another period when soaring energy costs were giving the country inflation pains.

    http://biz.yahoo.com/ap/080715/economy.html?.v=11
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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    Senior Member Zeus's Avatar
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    Depression Is In Our Minds, Not Economy
    The paradoxical thing about today's economy is its strength. No kidding. Consider all the hand grenades lobbed at it. Higher oil prices. The housing implosion. Large layoffs in affected industries: autos, airlines, construction, mortgage banking. The "credit squeeze" triggered by losses on "subprime" mortgages. Despite all that, the economy hasn't collapsed. It's merely weakened. Output in the first quarter of 2008 actually was 2.5% higher than a year earlier.
    The 21st century. The age of Smart phones and Stupid people.

    It is said that branches draw their life from the vine. Each is separate yet all are one as they share one life giving stem . The Bible tells us we are called to a similar union in life, our lives with the life of God. We are incorporated into him; made sharers in his life. Apart from this union we can do nothing.
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  3. #3  
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    Quote Originally Posted by Zeus View Post
    With the weak dollar, foreign auto makers like BMW will be increasing their production of autos built in the US. BMW will be laying off workers in Germany. People are driving less and fewer people are dying on the highways. Got to look at the bright side. Things are nowhere near as bad as during the early 80's. Food prices were soaring, interest rates soaring, mortgage rates at 18%, the oil embargo, hostage crisis, high unemployment, etc, etc. Today, there are plenty of jobs; interest rates are low, the economy is chugging along in positive territory and our unemployment rate (5,5%) is to die for compared to EU countries like Germany.
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    Senior Member LogansPapa's Avatar
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    Yep - things are really good………………..for some.


    Lining Up For Free Dental Care

    LOVELAND, Colo., July 23, 2008(CBS) Going to the dentist can be a painful experience. But for many, the real pain comes when trying to pay for it. More than 100 million Americans don't have dental insurance. That's more than one-third of Americans. What can they do? CBS News correspondent Seth Doane found one answer, as part of his continuing series on The Other America.

    http://www.cbsnews.com/stories/2008/...e4288413.shtml
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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    Quote Originally Posted by LogansPapa View Post
    Yep - things are really good………………..for some.
    Lining Up For Free Dental Care
    LOVELAND, Colo., July 23, 2008(CBS) Going to the dentist can be a painful experience. But for many, the real pain comes when trying to pay for it. More than 100 million Americans don't have dental insurance. That's more than one-third of Americans. What can they do? CBS News correspondent Seth Doane found one answer, as part of his continuing series on The Other America.
    http://www.cbsnews.com/stories/2008/...e4288413.shtml
    And because some are hurting, everyone is? Got it. The glass isn't two-thirds full, it's one-third empty, and the solution du jour, socialized medicine, will simply break the glass.
    --Odysseus
    Sic Hacer Pace, Para Bellum.

    Before you can do things for people, you must be the kind of man who can get things done. But to get things done, you must love the doing, not the people!
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  6. #6  
    Senior Member LogansPapa's Avatar
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    Quote Originally Posted by Odysseus View Post
    And because some are hurting, everyone is? Got it. The glass isn't two-thirds full, it's one-third empty, and the solution du jour, socialized medicine, will simply break the glass.
    Never said a word about ‘socialised medicine’. Nice try though. And quite good reflexes on the knee of yours, especially when it gets examined by the base doctor, Major. My point in posting this, for the clueless, is that at least one-third of Americans are busting their ass and not able to take care of their teeth. That’s all. Make of that what you will.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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    Quote Originally Posted by LogansPapa View Post
    Never said a word about ‘socialised medicine’. Nice try though. And quite good reflexes on the knee of yours, especially when it gets examined by the base doctor, Major. My point in posting this, for the clueless, is that at least one-third of Americans are busting their ass and not able to take care of their teeth. That’s all. Make of that what you will.
    Things are getting so bad out there in the kool-aid state that the transsexuals are having to waits weeks or sometimes months to get their sex change.:eek:

    I would bet that the majority of those 1/3 that do not take care of their teeth are not busting their butts. Many are too lazy too work and looking for a free hand out or don't care if their teeth rot out. BTW, there are dentists in private practice that will give free dental care. In fact, my moms cleaning lady got free dental care; she also talked about going to the casinos. She don't have money to pay a dentist but she has money to piss away at a casino. I would also wager that 90% of those that state they can afford dental care have a cell phone and cable TV. Nothing like doing without to pay your own way instead of looking for the easy way out. For those that are working, it's called budgeting.
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    Senior Member LogansPapa's Avatar
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    Quote Originally Posted by lacarnut View Post
    Nothing like doing without to pay your own way instead of looking for the easy way out. For those that are working, it's called budgeting.
    Yeah - great antidotal stories, but if you actually read the article and/or saw the story on CBS, then you’d know about the lady they interviewed saying getting her teeth fixed (at $1000 cost) and that reality couldn’t take precedence over having roof over her family’s head. I think she already knew about the budget theory, but somehow failed to mention it. Stupid, lazy bitch.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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    Quote Originally Posted by LogansPapa View Post
    Yeah - great antidotal stories, but if you actually read the article and/or saw the story on CBS, then you’d know about the lady they interviewed saying getting her teeth fixed (at $1000 cost) and that reality couldn’t take precedence over having roof over her family’s head. I think she already knew about the budget theory, but somehow failed to mention it. Stupid, lazy bitch.
    True story buster.

    She is not a stupid lazy bitch but the Dentist & CBS concocted a story that (6) cavities are going to cost $1,000. That is a crock of shit. She does not have to get them filled all at one time either. Dentist I have gone to will let you pay it out in 6 months. You are either gullible or stupid to believe that crap that CBS is selling. Figure it out if you can.
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  10. #10  
    Senior Member LogansPapa's Avatar
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    Thanks for straightening me out - just another ploy for sagging ratings. Got it.
    At Coretta Scott King's funeral in early 2006, Ethel Kennedy, the widow of Robert Kennedy, leaned over to him and whispered, "The torch is being passed to you." "A chill went up my spine," Obama told an aide. (Newsweek)
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