Recent comments

  • Thanks for this article! Very interesting and raises some questions...

    Apologies if I'm being nitpicky, but the phrase "disposable personal income" seems like a misnomer to me. One needs to pay rent, utilities, and food (at the very least) to live in a modern society. So it seems to me that, once we subtract taxes, we should subtract rent, utilities, and food as well, and then determine what Personal Spending is?

    I understand that this probably makes the calculation extremely difficult (impossible at a national level?), given that someone from Glendora, CA pays a lot less in rent than someone from Palo Alto, CA; however I'm curious if, once we factor in costs that aren't "disposable", we find that Personal Spending hasn't gone up at all. Maybe it's gone down?

    In fact, does this number account for the situation where our income goes up but our rent goes go up even more, so that we have actually LESS "disposable" money to spend each month?

    Reply to: November Personal Spending Up 0.6%, Two Months PCE Adds 171 Basis Points to Q4 GDP   1 year 9 months ago
    EPer:
  • My own experience is quite different.
    Someone was trying to get a credit card using my identity, and the made a mess of my credit report, with credit applications, false addresses, etc.
    I contacted Experian and they straightened it up 100%.
    So I think it may be that there are a variety of experiences that people have.

    None of this significantly affected my credit scores, which have been above 800 for quite a while.

    I mention that because it is possible the credit agencies treat you differently if you have good credit than if you don't.

    It isn't a great accomplishment to have good credit. If you are blessed with more income than you need to survive, and pay your bills reasonably close to on time, and can avoid financial disasters like being unemployed, or having huge medical bills, your credit should be pretty good. It is more a matter of "luck" than anything.

    Reply to: Corrupt Consumer Credit Scoring Exposed   1 year 11 months ago
    EPer:
  • Honestly, this is a weakly written article. No counter arguments at all, which would provide some perspective other than the article's author's. For a site that prided itself on data and conclusions from data, I see somehow see no data. Really seems more like a smear attack than a thought out story.

    Reply to: The Cost of Left-Wing hate   1 year 10 months ago
    EPer:
  • It's 2017 and not a lot has changed. Equifax just lost pretty much everyone's data and there isn't much that can be done about it.

    Reply to: Corrupt Consumer Credit Scoring Exposed   2 years 4 days ago
  • I'm having a hard time justifying such "great" unemployment rates with such pathetic 2016 annual growth. But it seems everything is broken these days, including economic statistics. Thanks for this thorough overview.

    Reply to: Advance Estimate of 2nd Quarter GDP & Revisions From 2014 to Present   2 years 3 months ago
    EPer:
  • I did not know he tried to deny Sandy Hook and I agree, that is astoundingly atrocious if true. But on economics, trade he is of sound mind.

    Reply to: The Looting Machine Called Capitalism   2 years 4 months ago
    EPer:
  • you don't expect us to take this guy seriously, do you:?

    2012 Sandy Hook Elementary School attack[edit]
    In March, 2016, Roberts published an article claiming that many pictures associated with the Sandy Hook Elementary School shooting were "doctored." He further claimed that he was unable to determine if the shootings had actually taken place or not.[67]
    2013 Boston Marathon bombings[edit]

    He thinks everything is a conspiracy, false flag, or rigged event.

    Americans are exceptional, and we see through your BS, Roberts.

    Reply to: The Looting Machine Called Capitalism   2 years 4 months ago
    EPer:
  • The propaganda drumbeat machine of the whatever they are political groups drowns out anything and everything off whatever message they wish to pound out.

    Reply to: The Great US Natural Gas Exports Myth   2 years 4 months ago
    EPer:
  • Ha! Tune in Wed for Mike Rogers testimony and Thursday Jim Comey (though Comey is likely testifying about obstruction of justice). This will be fun. I think Mueller will roll the hole lot them up. I hope they let Trump tweet from jail.

    Reply to: It’s Time for a Rant about this Trump/Russia Foolishness!   2 years 4 months ago
    EPer:
  • Democrats and Clinton in particular are in complete denial as to why they lost the election. First off they haven't been building a bench at the state and local levels. The republicans have successfully done so starting at the dog catcher and school board level and working the way up. Democrats have had no such strategy, focusing entirely on national elections and ignoring the locals. In my district, the democrats didn't even bother field a warm body in 2/3rds of the local positions - republicans ran unopposed

    they have also focused entirely on coastal elites and kicked their traditional rust belt labor base to the curb - many of these voters went trump or third party, but would have supported Sanders or Biden

    And most importantly, Hillary was just a plain lousy candidate that failed to energize the base and turn out voters.

    So assuming if there is any fire to all the Russia smoke, they did do us one big favor and show us how undemocratic and corrupt the system has become, with the DNC clearly putting their thumb on the scale for Clinton over Sanders or any other candidate not named Clinton

    Reply to: It’s Time for a Rant about this Trump/Russia Foolishness!   2 years 5 months ago
    EPer:
  • Right on brother. You hit the nail on the head. The Russians have become the "Phantom" bogeyman...a mythical source of evil. Surely the Dems can not believe they could have lost the election by themselves it had to be some mystical power that captured the DNC computers. By the way, did I miss something: Are we at war with Russia for them to qualify as the phantom bogeyman?? I thought with some clever foreign policy, we might make them into allies if we found common ground. To me the shock is the CIA wiretapping of Americans and then gifting their illegal derived data to the NSA for them to pass it on to the press. What I don't hear about are the criminal investigations into this activity. Where is the Justice Department on these criminal acts?

    Reply to: It’s Time for a Rant about this Trump/Russia Foolishness!   2 years 5 months ago
    EPer:
  • There is so much.
    One side wants preferential tax policies that favor people with money and profits over people who earn money and produce profits. They want freedom from Government (taxes and regulations) and favors from Government (contracts, services and bailouts). They favor trade treaties that benefit global corporations at the expense of our Nation and its citizens. They decry illegal immigration but savor using self-imported slave labor.
    The other side believes the answer to any problem is one more Government program. They place redistribution of existing wealth above creation of more wealth. They identify with women, blacks, LBGTs, Hispanics, Muslims, the poor…………. with the concerns average working Americans thrown in as an afterthought. They support those who have entered the Nation illegally at expense of those Americans at the bottom of the income ladder.
    Neither side wants their constituents to pay taxes, both sides want their spending priorities and neither side wants responsibility for the resulting debt. Both sides lack the courage to break from the policies of Empire and perpetual war that are the driving forces behind our accelerating decline.
    Take this as the tip of the iceberg.

    Reply to: Prevailing Truths   2 years 6 months ago
    EPer:
  • could you elaborate on your last sentence.

    Reply to: Prevailing Truths   2 years 6 months ago
    EPer:
  • The worse is finding the specifics on data. The import/export prices are truly revised over and over and the raw categories is almost impossible to find. We know that crude is less of a percentage yet here is the deficit roaring back, taking a chunk out of the economy.

    Reply to: 4th Quarter GDP Revised to Show Growth at a 2.1% Rate   2 years 7 months ago
    EPer:
  • Do tell what connection they have and what evidence is and where is based? Have you read his other articles?and i thought only media neoconservative clown proping propaganda mouth picez and pseudo democrats where spinning bs.

    Reply to: Prevailing Truths   2 years 7 months ago
    EPer:
  • A lot going on with "immigration" gets into such hype and fake news, statistical lies, it becomes impossible to separate the wheat from the chaff. But...services I believe including imported foreigners just placed in the U.S. Say a corporation outsources it's support to India, but if that company establishes itself as a U.S. division, yet has all workers on work Visas from India, I believe that counts as a service export instead of an import.

    Reply to: Trade Deficit, Up 9.6% in January, on Track to Clip 78 Basis Points from Q1 GDP   2 years 7 months ago
    EPer:
  • our trade in services surplus is in jeopardy there have been widespread reports that tourism to the US will be way down because of the travel ban fiasco and the stepped up aggressiveness of DHS...even a Canadian group put out an advisory against travelling to the US....for the next several months, a lot of those tourist dollars wont be there to offset our massive trade imbalance in goods...

    Reply to: Trade Deficit, Up 9.6% in January, on Track to Clip 78 Basis Points from Q1 GDP   2 years 8 months ago
    EPer:
  • “non-existent “Russian connections”” This is as delusional as any neocon’s belief in WMDs or any liberal’s belief that illegal immigration is a good thing. That being said the remainder of your post is spot on. The Military Industrial Security Complex (MISC) has been suckling at the Government tit for 70 years and now our great savior is pouring even more resources into its black hole. The 2016 election showed that both sides can be wrong for America for entirely different reasons.

    Reply to: Prevailing Truths   2 years 8 months ago
    EPer:
  • That's quite a jump and oil shouldn't be the reason either.

    Reply to: Trade Deficit, Up 9.6% in January, on Track to Clip 78 Basis Points from Q1 GDP   2 years 8 months ago
    EPer:
  • It is now 2017. Perhaps it is time for an update on this article. I know I never re-entered the workforce. Still ready, willing, and able to work.

    Reply to: Long-Term Unemployed Baby Boomers in 2013   2 years 8 months ago
    EPer:

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