• Alan analyzes President Obama’s address on health care reform and gets reaction from across America.
• Is this the best the GOP can offer? Alan examines Rep. Charles Boustany’s Republican Response.
• Comedian John Fugelsang sits down with Alan for a humorous look at today’s news.
This is what I was talking about …
http://www.zerohedge.com/article/correlation-sp-500-performance-fed-monetization-activities-start-qe
… which is more than shocking.
The stock market recovery has been built on Bernanke/Geithner’s checkbook.
The Fed and Treasury have been bankrolling equity purchases through Goldman Sachs and JP Morgan since last March. They’re supposed to be winding down their support right now and ending it in October.
Strange things are going on all around us right now. Ben/Tim are keeping a lot of balls in the air hoping the other market players will step back in as the g’ment leaves this Fall.
I think I read somewhere the Chinese will buy more cars than the USA consumer will this year. A first and one more feather the globalists can stick in their hats.
Demand driven profits have no ceiling, the sky is the only limit. Layoff driven profits have a ceiling, which might better be called the floor.
I agree, a business that cannot maintain demand will not remain profitable.
The last one out, please shut off the lights.
I am shocked and amazed at how high the stock market has climbed considering the unemployment numbers, and the complete lack of intention for businesses to begin hiring once again. It’s all going to come crashing down again, right through the March lows.
How many iPods do 30 cent an hour factory workers in China plan on buying?
Business profits have turned up to “beat expectations” the last quarter or so.
The profit driver (even as revenues decrease) has been the steady drip, drip, drip of cost reduction through mass layoffs.
Demand driven profits have no ceiling, the sky is the only limit. Layoff driven profits have a ceiling, which might better be called the floor.
The last one out, please shut off the lights.
And here I alway’s thought it was pixie dust.
Shhhhh…. you know those of us working towards a one world government agreed to keep that secret, Placefield!
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John Fugelsang’s on? This should be a good show.
September 9th, 2009 at 6:19 pm
“…and gets reaction from across America.”
As always. I’m surprised that I haven’t heard any callers from Hawaii, yet. Alan’s show is now being broadcast in Hononlulu, and with most phone co. rates it’s no more expensive to call from there than anywhere else in the country.
libpatriot Reply:
September 9th, 2009 at 6:24 pm
Uh..”Honolulu”.
September 9th, 2009 at 6:23 pm
Now we know why so many wingnuts tune in to Colmes.
Sean? Bohanon? The wingnuts all tune in to Colmes expecting to hear someone else.
September 9th, 2009 at 10:42 pm
Colmes is far too polite to “John the Trucker”.
JtT is a moron, a redneck moron. An armed, redneck moron.
goliath43 Reply:
September 10th, 2009 at 12:34 am
Why do you stoop to calling him names. Do you know him do you know he carries a gun..oh I know he has an opinion different from Alan’s so you attack him.
anonymouse Reply:
September 10th, 2009 at 12:52 am
He’s a regular caller.
He’s previously said he carries a sidearm. He’s armed.
He’s always preaching carp about “queers” or “tar-babies” or “librul panty-waists”.
Colmes is far too polite to the man.
September 10th, 2009 at 12:30 am
I wonder if the Black Panthers or The Nation of Islam could get some airtime on a show so they could give their reaction to the atmosphere of violence and sedition being cultivated by Hannity/Beck/Limbaugh/Savage et al…?
Might be very entertaining? At least as entertaining as horowitz and the “open carry” guy. hahahaha
September 10th, 2009 at 1:51 am
Not far from where I’m sitting is a foundry.
The foundry currently pays its production workers $10/hr. It’s crew is mostly Hispanic, Mexican and South American. I don’t personally know their immigration status but I do know if a rumor is passed around that ICE is about to raid the place, the help will vacate the facility immediately. That’s happened at least once that I know of and you can draw your own conclusions about what it means.
Years ago, the plant drew its workforce from the local area. No one got rich working there but they paid a decent wage. The ownership was local and most of the employees worked there full time and farmed or had their own small businesses on the side. The cast parts they poured found their way into common assembled machinery we all still use everyday.
Fast forward to today and the local ownership has been bought out by a foreign corporation. The old workforce has retired or left as wages stagnated and declined with the increasing availability of illegal alien labor. The current $10/hr wage is inadequate for anything but subsistence living. An employee rents a house and a large group of the illegals board there together. One household of illegals tried to save some money on garbage collection by dumping their trash in a creek near my home. We found an address in the two truckloads of trash they dumped and the sheriff convinced them “we don’t do that in the USA”.
Illegal aliens are doing more than “the work Americans won’t do”. They’re doing a lot of work that “Americans used to do but we don’t do anymore because it doesn’t pay anything thanks to the ready availability of illegal alien labor”.
Lee Reply:
September 10th, 2009 at 4:36 am
Illegal Immigrants is one topic where I actually tend to agree with Conservatives. It’s a complicated issue which boils down to how do you secure the borders but we should at least stop this nonsensical idea that illegals are a valuable part of our society and that we need them.
The issue of secure borders has gone off the political radar recently but it would be a travesty to keep it this way for long.
Securing the borders is not just important because of the issues with illegal immigration but its even more pressing when America has enemies that want to attack us and a neighboring country with a crime problem so out of control that even the police are outgunned. These same criminal organizations are already probing their tendrils into some of our towns and cities across the border.
anonymouse Reply:
September 10th, 2009 at 4:45 pm
Colmes is a big fan of open borders and unrestricted immigration.
The only real winner under those policies is the employer, and at that their “win” is only short term since your employees are also your customers on the grander scale. As your employees/customers have fewer dollars in their pockets with lower wages, your business will eventually suffer and dry up.
But, what do I know. Colmes thinks the economy is humming because Wall Street has recovered half of what it earlier lost. Around here, the economy stinks. The only remaining jobs that pay anything or have decent retirement benefits are government jobs and the longevity of those should be in doubt as tax revenues slide. You can only milk the cow so long without putting her out to grass before she goes dry.
karthiks030977 Reply:
September 10th, 2009 at 4:46 pm
“As your employees/customers have fewer dollars in their pockets with lower wages, your business will eventually suffer and dry up”
That logic is absurd and you know it; By your logic, business should boom if you pay everyone more, and even better, by just putting dollars in everyone’s pocket, like a dole.
Try to understand what drives business….a hint…the economic driver is value.
anonymouse Reply:
September 10th, 2009 at 6:21 pm
No. My logic only makes sense. Your logic is sadly flawed and only sucessfully selfish.
Life’s all about balance and not tilting the game in favor of one team over the opposing players.
By your logic, business would boom if all their working people toiled for free … slavery. But, we’ve tried that business model before and it’s not only morally wrong, it’s also shortsighted.
Packing a business’s/nation’s wealth into the pockets of its elite while most of its employees/citizens sleep on straw only leads to the business’s eventual failure for lack of paying customers.
anonymouse Reply:
September 10th, 2009 at 6:22 pm
Try to understand what drives business, hint: the economic driver is demand.
Um Cara Reply:
September 10th, 2009 at 6:31 pm
Try to understand what drives business….a hint…the economic driver is value.
Try to understand what drives business, hint: the economic driver is demand.
Yer both wrong.
Profit.
karthiks030977 Reply:
September 10th, 2009 at 6:42 pm
“Yer both wrong.
Profit.”
Um: I was talking of sustainable business. Profit is not the driver of sustainability…it is the ability to create value at a cost lower than the value delivered, so the price can be set such that both seller and buyer go home happy.
A business that never runs on this model isnt sustainable.
Um Cara Reply:
September 10th, 2009 at 6:49 pm
I was talking of sustainable business. Profit is not the driver of sustainability…it is the ability to create value at a cost lower than the value delivered, so the price can be set such that both seller and buyer go home happy.
What you speak of is an important element of profitability, which is what is important for sustainability.
placefield Reply:
September 10th, 2009 at 6:50 pm
And here I alway’s thought it was pixie dust.
Um Cara Reply:
September 10th, 2009 at 6:52 pm
And here I alway’s thought it was pixie dust.
Shhhhh…. you know those of us working towards a one world government agreed to keep that secret, Placefield!
anonymouse Reply:
September 10th, 2009 at 6:54 pm
Business profits have turned up to “beat expectations” the last quarter or so.
The profit driver (even as revenues decrease) has been the steady drip, drip, drip of cost reduction through mass layoffs.
Demand driven profits have no ceiling, the sky is the only limit. Layoff driven profits have a ceiling, which might better be called the floor.
The last one out, please shut off the lights.
Um Cara Reply:
September 10th, 2009 at 7:03 pm
Demand driven profits have no ceiling, the sky is the only limit. Layoff driven profits have a ceiling, which might better be called the floor.
I agree, a business that cannot maintain demand will not remain profitable.
The last one out, please shut off the lights.
I am shocked and amazed at how high the stock market has climbed considering the unemployment numbers, and the complete lack of intention for businesses to begin hiring once again. It’s all going to come crashing down again, right through the March lows.
How many iPods do 30 cent an hour factory workers in China plan on buying?
anonymouse Reply:
September 11th, 2009 at 4:06 am
This is what I was talking about …
http://www.zerohedge.com/article/correlation-sp-500-performance-fed-monetization-activities-start-qe
… which is more than shocking.
anonymouse Reply:
September 10th, 2009 at 7:35 pm
The stock market recovery has been built on Bernanke/Geithner’s checkbook.
The Fed and Treasury have been bankrolling equity purchases through Goldman Sachs and JP Morgan since last March. They’re supposed to be winding down their support right now and ending it in October.
Strange things are going on all around us right now. Ben/Tim are keeping a lot of balls in the air hoping the other market players will step back in as the g’ment leaves this Fall.
I think I read somewhere the Chinese will buy more cars than the USA consumer will this year. A first and one more feather the globalists can stick in their hats.
September 10th, 2009 at 3:23 am
That $10/hr job should pay at least $18-22/hr to be respectable.
September 10th, 2009 at 3:28 am
Radio Graffiti caller: “When it comes to Republicans, paranoia is a pre-existing condition.”
(That killed me! Yeah, maybe it was a cheap shot, but let’s face it, Radio Graffiti one-liners aren’t a place for deep philosophy, anyway. Wish I’d thought of it.)
September 10th, 2009 at 4:14 am