This economy is so bad

[JuneJuly 193]

31 minutes ago, purdygood said:

They always estimate a "jobs report number". Then they report a "jobs report number".   Then the stock market tanks for one day if it's "one job under what they estimated."   Then the market surges the next day on buying opportunities.  Wash. Rinse.  And Repeat.   Oh and then they release a "revised jobs report number" after the fact. Saying the original number was wrong.   Both parties do it.  The stock market is a scam unless you want to play their game. 

Gutterpedo.  

[Baker Boy 1,694]

https://www.foxbusiness.com/retail/big-lots-could-potentially-close-315-stores

Big Lots could potentially close 315 stores

Quote

Up to 315 of discount retailer Big Lots’ locations could be on the chopping block and facing potential closure, a Securities & Exchange Commission filing from Friday indicated.

The company disclosed in the filing that it had upped the number of permitted store closings to a maximum of 315 as part of late July amendments to a credit agreement and term loan facility. That marked a 165-store increase from the 150 closings previously permitted.
 

 

[JuneJuly 193]

1 hour ago, Baker Boy said:

https://www.foxbusiness.com/retail/big-lots-could-potentially-close-315-stores

Big Lots could potentially close 315 stores

 

Every single one around me already closing up shop.  I'm moving out of the blue death city/state too. Don't blame them one bit.  

[RLLD 4,194]

On 8/3/2024 at 6:50 PM, purdygood said:

They always estimate a "jobs report number". Then they report a "jobs report number".   Then the stock market tanks for one day if it's "one job under what they estimated."   Then the market surges the next day on buying opportunities.  Wash. Rinse.  And Repeat.   Oh and then they release a "revised jobs report number" after the fact. Saying the original number was wrong.   Both parties do it.  The stock market is a scam unless you want to play their game. 

I think there is merit in these assertions.

Moreover, I think we have to wait for a couple of months for the later revisions to the reports.  The first report is rarely true.

[Hawkeye21 2,393]

12 hours ago, JuneJuly said:

Every single one around me already closing up shop.  I'm moving out of the blue death city/state too. Don't blame them one bit.  

I didn't even know Big Lots was still a thing.  Not sure the last time I saw one.

[Baker Boy 1,694]

https://www.foxbusiness.com/markets/paramount-global-lay-off-15-its-us-workforce
 

Paramount Global to lay off 15% of its US workforce

[seafoam1 2,919]

19 minutes ago, Baker Boy said:

https://www.foxbusiness.com/markets/paramount-global-lay-off-15-its-us-workforce
 

Paramount Global to lay off 15% of its US workforce

Creepy joe's America. All those jobs that he "created", you know, the ones that were rebound jobs (after when biden paid people tax payer dollars  to stay home instead of working for 2 years) after the chinese flu , are now going away for good. Creepy joe and kameltoe are both in hiding now. Because they don't want people to see who the fock is running for president. They know their limitations and are refusing to talk about their run for the office because they know they are clowns.

[Maximum Overkill 1,908]

On 7/9/2024 at 8:17 PM, thegeneral said:

I don’t think this was sarcasm!

 

 

 

[lickin_starfish 1,919]

15 hours ago, Maximum Overkill said:

 

 

 

Those ladies are lunatics.

[Baker Boy 1,694]

https://www.foxbusiness.com/economy/ll-flooring-close-94-stores-files-bankruptcy
 

LL Flooring to close 94 stores as it files for bankruptcy

[Baker Boy 1,694]

On 8/11/2024 at 10:33 AM, lickin_starfish said:

Those ladies are lunatics.

I like the second lady who said she doesn’t want to be "some man’s object". I don’t think she has anything to worry about.

[The Real timschochet 6,620]

On 8/3/2024 at 2:11 PM, RLLD said:

I know that is what the media mouthpieces are saying, but I have to impress that this is not true.  They are lying to you.  

I don’t need anyone to tell me that  10% tax on all imports will devastate the economy. I can figure that out for myself. How any economic conservative could be in favor of this astounds me. 

[Hardcore troubadour 15,257]

3 minutes ago, The Real timschochet said:

I don’t need anyone to tell me that  10% tax on all imports will devastate the economy. I can figure that out for myself. How any economic conservative could be in favor of this astounds me. 

All imports? I can’t find that quote. Can you point me in the right direction? Thanks. 

[The Real timschochet 6,620]

18 minutes ago, Hardcore troubadour said:

All imports? I can’t find that quote. Can you point me in the right direction? Thanks. 

No idea why you keep doubting this but here is Trump at the debate discussing it: 

https://youtu.be/VecslyuwXDk?si=y3yZPmlamhDe-lhE

[Hardcore troubadour 15,257]

1 minute ago, The Real timschochet said:

No idea why you keep doubting this but here is Trump at the debate discussing it: 

https://youtu.be/VecslyuwXDk?si=y3yZPmlamhDe-lhE

Maybe you ought to listen to it? He’s talking about the countries that are ripping us off. You lose. Now stop saying it. Thanks. 

[The Real timschochet 6,620]

1 minute ago, Hardcore troubadour said:

Maybe you ought to listen to it? He’s talking about the countries that are ripping us off. You lose. Now stop saying it. Thanks. 

No. He said 10% on ALL imports. ALL. Watch it again. Or Google the question. 

[Hardcore troubadour 15,257]

23 minutes ago, The Real timschochet said:

No. He said 10% on ALL imports. ALL. Watch it again. Or Google the question. 

I watched it. He immediately makes it clear he’s talking about the countries that are ripping us off. Why would he bring that up if it were all countries? Why do you people have to continually twist and misrepresent what he says if he’s so horrible? Stop being such a dishonest actor. 

[Gepetto 1,352]

https://www.usatoday.com/story/money/business/2024/08/12/blink-fitness-bankruptcy-filing-locations-impact/74772937007/

Blink Fitness, an Equinox-owned chain of low-cost gyms, filed for Chapter 11 bankruptcy on Monday.

In a statement the company, which operates more than 100 locations in seven states, said that it was seeking a buyer and expected to continue operations after receiving $21 million in new financing.

[Baker Boy 1,694]

San Francisco loses its only Denny's restaurant

The location ceased operations on Aug. 1 and was there for 25 years

 

https://www.foxbusiness.com/lifestyle/san-francisco-loses-its-only-dennys-restaurant

[Baker Boy 1,694]

https://www.foxbusiness.com/markets/layoffs-announced-multiple-companies-summer
 

Layoffs announced at multiple companies this summer

Layoffs have been announced at companies in several sectors this summer

Cisco

Intel 

Paramount global 

Stellantis

Fastly

Axios

Sonos

[purdygood 343]

Just now, Baker Boy said:

https://www.foxbusiness.com/markets/layoffs-announced-multiple-companies-summer
 

Layoffs announced at multiple companies this summer

Layoffs have been announced at companies in several sectors this summer

Cisco

Intel 

 

Paramount global 

Stellantis

Fastly

Axios

Sonos

Ok. Most of these people probably sit at a desk all day and do mostly nothing.  Since we sit at a desk all day (post on here) and do mostly nothing, maybe we are next.

[Baker Boy 1,694]

3 minutes ago, purdygood said:

Ok. Most of these people probably sit at a desk all day and do mostly nothing.  Since we sit at a desk all day (post on here) and do mostly nothing, maybe we are next.

3. It is a good thing and needs to happen.

[Engorgeous George 2,283]

On 8/10/2024 at 7:49 PM, Maximum Overkill said:

 

 

 

She does not want to be some man's object.  I'm thinking there is not much danger of that. 

[Engorgeous George 2,283]

22 hours ago, Baker Boy said:

San Francisco loses its only Denny's restaurant

The location ceased operations on Aug. 1 and was there for 25 years

 

https://www.foxbusiness.com/lifestyle/san-francisco-loses-its-only-dennys-restaurant

So no more Moons over my Hammy.  At least if there is an IHOP you can still get the rooty tooty fresh and fruity

[Hardcore troubadour 15,257]

Went to Home Depot today.  Damn near empty. Never seen it like that. 

[jerryskids 6,719]

 

[Hardcore troubadour 15,257]

26 minutes ago, jerryskids said:

 

Heartbreaking. Works her ass off to become a paralegal and is having trouble paying for the necessity’s.  Wasn’t an issue until Biden/ Harris.  And Kamala thinks she can tell the grocery store what to charge.  She can’t. More airhead bullshitt from her.  

[IndyColtsFan 325]

1 hour ago, Hardcore troubadour said:

Went to Home Depot today.  Damn near empty. Never seen it like that. 

What did you buy?

[jerryskids 6,719]

12 minutes ago, Hardcore troubadour said:

Heartbreaking. Works her ass off to become a paralegal and is having trouble paying for the necessity’s.  Wasn’t an issue until Biden/ Harris.  And Kamala thinks she can tell the grocery store what to charge.  She can’t. More airhead bullshitt from her.  

Low-intelligence voters will buy it, though.  It's joyful!

Just from a practical standpoint, how would that possibly work?  Would we have a Dairy Czar, Meat Czar, Packaged Shiot That's Terrible For You Czar?  And these czars determine an acceptable price for tens of thousands of goods?  Just think of milk, and all of the exceptions:  fat content, organic, grass-fed.  How much more should milk from a grass-fed cow cost?

The answer to my question of how it would work, and there really is only one way, is... government-run grocery stores.   

[IndyColtsFan 325]

Only one Blockbuster Video remains.

Thanks Biden!

[IndyColtsFan 325]

Only 100,000 pay phones remain, down 96.2 percent since 1995.

Thanks Biden!

[IndyColtsFan 325]

Only 2 million pagers still in use, down 96.7 percent from 1994.

Thanks Biden!

[jerryskids 6,719]

Somebody broke Rusty.   

[IndyColtsFan 325]

7 minutes ago, jerryskids said:

Somebody broke Rusty.   

I'm so broke, I go to KFC and lick other people's fingers.

  

[IndyColtsFan 325]

I'm so poor that I had to take out a second mortgage on my cardboard box.

  

[IndyColtsFan 325]

I'm so poor that Nigerian scammers wire me money.

  

[IndyColtsFan 325]

I'm so poor that I don't have 2 cents to contribute to a conversation.

  

[IndyColtsFan 325]

I'm so poor that I have to keep getting remarried to collect the rice.

  

[IndyColtsFan 325]

Just now, purdygood said:

My poor neighbor just had to accept a 21 year old exchange student from Spain. Because times are tough.    Man.  Times are tough.  

Can size?

[purdygood 343]

1 minute ago, IndyColtsFan said:

Can size?

She doesnt move in until next month.  But I will report back.