“Record low mortgage rates, cheap gasoline and surging stock prices are providing some relief to the beleaguered American consumer in the face of mounting unemployment and tumbling home prices. Improved confidence may keep consumers spending, helping to pull the economy out of its slump in the second half of the year.”
What, this is what I mean by happy horseshit news – consumer access to debt is contracting since rates are rising, yet the spin is, “good times are just around the corner!!!” Good for anyone making money right now, but it’s all froth, toppy looking froth
Sorry Hal, didn’t hear anything. That is certainly not a high incident corner. Might have been a private beef taken public, as unfortunately, is all too common. I would call the precinct before believing some of the stuff on Brooklynian.
“We returned from a week vaction, and learned from a neighbor about a shooting on the corner of Park Place and New York Avenue in Crown Heights last Friday.”
BRG,
I’m in the same boat with you wondering what to do with this oar thingy I’ve been handed
I have no idea what that indicates.
Okay I’m lost or an idiot (no comments please)…..but what does the chart under ‘Open Thread’ indicate?
Thanks MM.
Try to understand the differences between “leading” and “lagging” indicators before you comment on economic releases and the outlook for the economy.
“Record low mortgage rates, cheap gasoline and surging stock prices are providing some relief to the beleaguered American consumer in the face of mounting unemployment and tumbling home prices. Improved confidence may keep consumers spending, helping to pull the economy out of its slump in the second half of the year.”
What, this is what I mean by happy horseshit news – consumer access to debt is contracting since rates are rising, yet the spin is, “good times are just around the corner!!!” Good for anyone making money right now, but it’s all froth, toppy looking froth
Sorry Hal, didn’t hear anything. That is certainly not a high incident corner. Might have been a private beef taken public, as unfortunately, is all too common. I would call the precinct before believing some of the stuff on Brooklynian.
“We returned from a week vaction, and learned from a neighbor about a shooting on the corner of Park Place and New York Avenue in Crown Heights last Friday.”
Hey stupid Brooklynian is that way—–>
The What
Someday this war is gonna end…
“Hey What,
Check out those Google Analytics stats above. We can only assume it’s the “Alex & Simon” effect!
Posted by: brownstoner at May 1, 2009 11:02 AM”
Brownstoner go away before I ban you!!!
The What (Who is this guy Brownstoner?!?!)
Someday this war is gonna end…
Anyone know why the L train was out of service in Brooklyn all night Wednesday?