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Will There Be Apology Headlines?

Joined
Sep 12, 2007
Messages
2,202
Just as with gasoline, when the price creeps up $.10-.15 over a three week period and the headlines scream about it, and this civilization-destroying "spike" leads the nightly "news"casts every night for weeks, we are reading/hearing how retail sales are "sluggish" or so low that it does not bode well for our economy in the coming year.

Turns out, natch, that that's not QUITE true. As always, what's going on (so far) this Holiday season (and it just "officially" started 2 days ago) is that retailers are experiencing fewer sales than they hoped for, but nothing like the Depression-era sales that the media is telling us we should expect.

If only. And of course, the media only vaguely mention online sales....

So the question is this: will they, after the seaon closes and sales are either good, or hot, offer a mea culpa and admit that the US economy is roaring along?

I am laying 6:1 odds against. Who's in?


















Edit: Reports in this a.m (Sunday) despite doom-and-gloom saying by the left-advocacy media hoping to make us believe the economy is in the doldrums--or worse--in the run up to electing Hillary, are that spending on Black Friday (the Friday after Thanksgiving, so named as retailers look to this day to put them "in the black"--meaning profitability) is up 8% over spending on the same day last year.

Tokie
 
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I have no idea what you think you're babbling about. When people have been complaining about the economy, the focus seems to generally be on the way the value of the dollar has fallen. Is it back up again?

And who, exactly, do you think has been "wronged" that an apology is required?
 
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"Admit the economy is soaring along"? Sure, try to sell you house for what it was assessed last year.
Oh, I forgot. You are living in your Buick under the bridge. Next to the river, giving motivational seminars to the immigrants to convince them to return to Mehico or Paki-stan in order to save their vital bodily fluids.
 
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Just as with gasoline, when the price creeps up $.10-.15 over a three week period and the headlines scream about it, and this civilization-destroying "spike" leads the nightly "news"casts every night for weeks, we are reading/hearing how retail sales are "sluggish" or so low that it does not bode well for our economy in the coming year.

Turns out, natch, that that's not QUITE true. As always, what's going on (so far) this Holiday season (and it just "officially" started 2 days ago) is that retailers are experiencing fewer sales than they hoped for, but nothing like the Depression-era sales that the media is telling us we should expect.

If only. And of course, the media only vaguely mention online sales....

So the question is this: will they, after the seaon closes and sales are either good, or hot, offer a mea culpa and admit that the US economy is roaring along?

I am laying 6:1 odds against. Who's in?

Edit: Reports in this a.m (Sunday) despite doom-and-gloom saying by the left-advocacy media hoping to make us believe the economy is in the doldrums--or worse--in the run up to electing Hillary, are that spending on Black Friday (the Friday after Thanksgiving, so named as retailers look to this day to put them "in the black"--meaning profitability) is up 8% over spending on the same day last year.

Tokie

Another area to post anti-liberal slanted issues, Tokie? Why not try the Sports Forum? (Do you go up and shake the hands of the owners of MLB teams for hiring AMERICANS? :spjimlad: )

Where'd you get your figures, please? I sincerely doubt that anyone had the actual figures for the 23rd by Sunday morning. I'd like to know the source (unless it was some flapgums just talking on the Sunday morning news shows).
 
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Another area to post anti-liberal slanted issues, Tokie? Why not try the Sports Forum? (Do you go up and shake the hands of the owners of MLB teams for hiring AMERICANS? :spjimlad: )

Where'd you get your figures, please? I sincerely doubt that anyone had the actual figures for the 23rd by Sunday morning. I'd like to know the source (unless it was some flapgums just talking on the Sunday morning news shows).

LOL.

Why not? Didn't the NFL run a game by candlelight recently to "save energy!"?

MLB: no...they hire people from all over the world.

Source: I rarely supply my sources because leftists like you won't accept them under the best of circumstances. Funny....you turn to the Sunday morning news shows when you need lefty confirmation, but when it's confirmation of something counter to what lefties want (in this case, a strong economy does not bode well for the Hildebeast, huh?) the Sunday morning shows are laughable?

Why is that, 'zactly?

By the way, they've been coming up with this number within a few days of Black Friday for, I dunno, a decade now, at least. It's part projection and part hard data--we use things today we call "computers" in much of the economy, including the retail sector...it's not Granpa Jim counting pennies and dimes outten the sock he keeps under the general store counter anymore, you know.

Tokie
 
"Admit the economy is soaring along"? Sure, try to sell you house for what it was assessed last year.
Oh, I forgot. You are living in your Buick under the bridge. Next to the river, giving motivational seminars to the immigrants to convince them to return to Mehico or Paki-stan in order to save their vital bodily fluids.

Rarely, if ever is your house going to sell for it's assessed value.

Now, if you mean appraised value, that's a different thing, but I really don't think you do...First, I doubt you understand the difference; second, I think you believe the $$ at which the county assesses your property for tax purposes has something to do with its fair market value. They assess my 10 year old computer at something around $1,000. Will you buy it from me for that? Do you have Pay Pal? I'll ship tomorow!

Um...it dun't.

I don't want immigrants from Pak to go away. Most of them are engineers and scientists and with the woefull state of math and sci. education in our schools, we need all the help we can get.

Also you left out one critical word that lefties always leave out for some reason "illegal." See, I don't want LEGAL immigrants from Mehico to go home either. They are here LEGALLY, many of them are or are becoming Americans. Can you not spell that word, "illegal" or does it burn your fingertips to key it?

By the way, my house will sell for about $20k more this year than it did the last time I had it APPRIAISED. As for the assessed value, its hovering at about $10k under what these houses are selling for, so I am not unhappy with it this year.

You clearly know nothing about RE and RE markets.
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Tokie
 
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I have no idea what you think you're babbling about. When people have been complaining about the economy, the focus seems to generally be on the way the value of the dollar has fallen. Is it back up again?

And who, exactly, do you think has been "wronged" that an apology is required?

You can think what you want. And clearly will, regardless of how ridiculous it might be.

I'm not sure whether you've purposely missed the point, or whether you are actually so blinded by your leftist need to see a bad economy that you really believe what you believe.

Yeah, the dollar is down against the Euro.

IT'S NEVER HAPPENED BEFORE!!!!!!!!

Are you really so ignorant of these things that you don't understand that currency is a fungible commodity that goes up and goes down in "price" alla time?

I was around in the 70s and 80s when the dollar was perennially down against the yen. Um... do you know of anyone who trades in Japanese yen these days? Let me know if you do, I'd like to sell them some beachfront property I have in Omaha (they are probably GWers, too...so that will work out for them).

As of Sunday morning, retail reports for sales volume on Black Friday (a big deal in the retail world) were up, considerably over last year and far above what those on the left were hopping for: that Wal-Mart et al., would be declaring BK this Monday morning.

That's just a fact. The fact also is that the left-advocacy media, ginning up the fear you relish, because they know a bad economy helps leftist candidates, has been attempting to scare Americans into staying home from Christmas shopping this year.

It hasn't, apparently, worked.

So, the question is: will the left-advocacy media apologize for being wrong about their "predictions" that retail sales this Christmas season would be in the rathole below the basement, or not?

Tokie
 
And now (Monday) the online sales numbers are coming in...and they are swamping those of last year....

So....libs....will your media at least offer a mea culpa? They've been telling us since Halloween that "expectations are for miserable, lousy, near-1930s levels for retail sales this Holiday season!!!"

And then we get this....I guess, like the hurricane season (say...weren't they all supposed to get worser and worser after Katrina because of Global Warming? Yeah...uh, huh....purty sure that's what the left-advocacy media was sayin'....) it ain't over yet.

But of course while predictions of doom and gloom were front page, above the fold and the first 3 minutes of the newscast, reports about how well retail has done are buried deep in the business section today....

Funny, that.

Tokie
 
Please point out exactly where these screaming doom and gloom headlines were.

I seem to have missed them.
 
So....libs....will your media at least offer a mea culpa? They've been telling us since Halloween that "expectations are for miserable, lousy, near-1930s levels for retail sales this Holiday season!!!"

Who exactly is "they"? What so-called liberal media outlet did that quote come from?

Or did you just make it up?
 
Source: I rarely supply my sources because leftists like you won't accept them under the best of circumstances. Funny....you turn to the Sunday morning news shows when you need lefty confirmation, but when it's confirmation of something counter to what lefties want (in this case, a strong economy does not bode well for the Hildebeast, huh?) the Sunday morning shows are laughable?

Why is

Actually, I suspect you don't supply sources because you don't have any. You certainly haven't said anything to indicate otherwise.

As far as *my* sources go, the only talk I've heard recently about Black Friday sales and the economy was last Wednesday on CSPAN. A guy was testifying before a Congressional committee about exactly this topic, as he has done for the past 8 years. The gist of his talk was that despite high gas prices, consumers are likely to spend as much if not more than last year.

So, I've got one media report to your none. Riposte?
 
Actually, I suspect you don't supply sources because you don't have any. You certainly haven't said anything to indicate otherwise.

As far as *my* sources go, the only talk I've heard recently about Black Friday sales and the economy was last Wednesday on CSPAN. A guy was testifying before a Congressional committee about exactly this topic, as he has done for the past 8 years. The gist of his talk was that despite high gas prices, consumers are likely to spend as much if not more than last year.

So, I've got one media report to your none. Riposte?

Rip..what? Rip one off?

Shore!

Every "news" network in the US (not sure where you are)--ABC, CBS, NBC, CNN, MSNBC, as well as the NYTimes wire service, the AP and Scripps, reported in the lead up to Thanksgiving that sales were expected to be "off," or "lower (sometimes MUCH lower) than last year." At the same time, by the way, they also were reporting that travel this year during Thanksgiving, the busiest travel week/end of the year in the US, would be subtantially off (fewer miles traveled, fewer seats sold, less gas sold/used) than at anytime in recent history and that on top of that, because of GW Bush and his screwy, useless security measures at airports, to expect waits of (the NYTimes wire service report I read) 2-3 hours at most major airports just to get through security.

I believe the avg. for all the major US airports was something around 16 minutes. A BIT less than "2-3 hours," and um...no screaming headlines saying "MEDIA WRONG!!!"

So...you named what was it again, CSPAN? Did you need me to go back through my list?

Tokie
 
Rip..what? Rip one off?

Shore!

Every "news" network in the US (not sure where you are)--ABC, CBS, NBC, CNN, MSNBC, as well as the NYTimes wire service, the AP and Scripps, reported in the lead up to Thanksgiving that sales were expected to be "off," or "lower (sometimes MUCH lower) than last year." At the same time, by the way, they also were reporting that travel this year during Thanksgiving, the busiest travel week/end of the year in the US, would be subtantially off (fewer miles traveled, fewer seats sold, less gas sold/used) than at anytime in recent history and that on top of that, because of GW Bush and his screwy, useless security measures at airports, to expect waits of (the NYTimes wire service report I read) 2-3 hours at most major airports just to get through security.

I believe the avg. for all the major US airports was something around 16 minutes. A BIT less than "2-3 hours," and um...no screaming headlines saying "MEDIA WRONG!!!"

So...you named what was it again, CSPAN? Did you need me to go back through my list?

Tokie

You must listen to the wrong news sources, tokie. I was listening to NPR, as usual, and about all I recall hearing was that the prospect was for a fairly good turnout compared to last year. Not much hype either way.
 
Rarely, if ever is your house going to sell for it's assessed value...Now, if you mean appraised value, that's a different thing, but I really don't think you do...First, I doubt you understand the difference; second, I think you believe the $$ at which the county assesses your property for tax purposes has something to do with its fair market value.
You clearly know nothing about RE and RE markets.
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Edit for civility


Tokie
I will ignore the " your ignorant piehole shut" remark
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Edit for civility


I wish my houses could sell for their assessed values. They were so inflated that we had to grieve them successfully four times to the towns (not county) on our own. I know that the market value of those houses have fallen recently.
So you know nothing about real estate markets here
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From the Wall Street Journal on Saturday, 23 November:

Amid rising mortgage payments, high gasoline prices and a volatile stock market, the prognosis for holiday shopping is the worst in five years. A number of retailers this past week reported losses or declines in net income for their fiscal third quarters and slashed their holiday sales forecasts.

You're right, Tokie--it's communist-inspired left wing rags like the WSJ that are conspiring to install the Hildebeest in the White House!

Or....perhaps people who, like, know stuff about, you know, the economy have good reason to be, you know, worried?
 

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