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Bubbawny's Recent Activity
Good News, Bad News: Manufacturing Orders Up, Jobless Claims Too
Thu Apr 24, 2014
Not great news. Durable goods needs to be set on fire along with other metrics that would indicate that consumption is really rebounding. New Home sales fell 14%. Resales flat. These are still weak signs for a weak economy. GDP is forecast < 2%...not stellar. We have way too many people out there …
Is America Giving Up on Economic Supremacy?
Thu Apr 17, 2014
In reply to: noncoms #2.4 the problem is, I feel sorry for people like Rustic36. THey are either partisans, or woefully ignorant of the realities in our economy. The wealthy have kicked main streets A$$. Main Street stood by and allowed policies to be enacted that benefited the wealthy in significan …
Uncle Sam Taking a Bigger Tax Bite Out of the 1%
Mon Apr 14, 2014
What troubles me is the other part of the equation: The unfair advantages the 1% have on the earnings side: Rents, classifying earnings from investments as being different types of income than generated by human capital (labor) and having it taxed at a much more advantageous rates, the advantages of …
Dow Climbs On Sign Fed To Keep Interest Low
Wed Apr 9, 2014
SDC Clark - but that would be called "being responsible" and doing your elected civic duty. Why should Congress think of doing anything but sitting on their a$$es? It pays great to do so. You get platinum healthcare, pampering by the lobbyists, and your campaign warchests get filled by the 1%? I did …
Watch the Fight That Halted Trading on Wall Street
Tue Apr 1, 2014
Of course the markets are rigged. There's a question posed by someone who is completely ignorant of the way "free markets" work. Hedge funds. Too big to jail. Insider trading. Allowing capital gains to be taxed at advantageous levels. And specifically to this piece on High Speed Trading, of course i …
More McDonald's customers say: "I ain't lovin' it."
Thu Jan 23, 2014
In reply to: Patrick Reilly #13 They will survive. But like manufacturing and other industries, it'll be robotics replacing humans. I've seen videos of prototype McD's with some of these automations. When the few are concern about their own wealth maximization and profiteering, they'll do …
Jobs surge by 238,000 in December
Wed Jan 8, 2014
It's ADP. They always overstate the numbers versus BLS. Even so, I would hardly call this number "a surge" in employment. Gotta love attention drawing headlines with no real basis.
Amid fast food flap, McDonald's removes employee help site
Thu Dec 26, 2013
I'm so glad it is shut down. They deserve every ounce of criticism they received this year. McDonalds, Walmart, and other like corporations are a scourge to society. They offer 'value' in the form of fake foods, unhealthy choices, low cost junkfood, and stick the rest of society with the costs …
Widening income gap is hurting the economy, survey says
Wed Dec 18, 2013
Well, at least this issue is getting a little press lately. Unfortunately, it will take a lot more than just press to reverse the policies that were enacted BY DESIGN BY THE WEALTHY to obtain rents and policy benefits over the past 30 years that have stacked things in their favor. * Repeal of Glass …
Britain to Domino's pizza: Maybe you should pay better wages!
Wed Dec 11, 2013
You never know, but maybe the world is waking up to the fact that the 1% can't have all the beans without causing global inequality and hardship. It's a shame that we believed the lies of trickledown and all the other policies that have absolutely decimated working families worldwide. Good for …
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