Name:	GoneFishin -	Reply
Subject:	News Martini Won't Post
Date:	7/30/2014 3:54:18 PM

When  the news is good, you run. You thrive on negative news.

Reuters) - The U.S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing.

Gross domestic product expanded at a 4.0 percent annual rate after shrinking at a revised 2.1 percent pace in the first quarter, the Commerce Department said on Wednesday.

The government previously had said the economy contracted at a 2.9 percent rate at the start of the year.

Name:	Tall Cotton -	Reply
Subject:	News Martini Won't Post
Date:	7/30/2014 9:47:13 PM

The revision for Q1 was over 27%. What will the "revised" number be for Q2? 

Name:	MartiniMan -	Reply
Subject:	Why would I?
Date:	7/30/2014 10:15:19 PM

GF, let's review so you can get a grip on reality. Q1 of 2014 original GDP was 0.9%. Then it was revised to -1% and when the final number came out months later it was actually -2.9%. That is a drop of 3 percentage points from the original estimate to the final number and they never revise them upward.  And bear in mind that the number is only for one quarter at an alleged rate of 4% which will not overcome the earlier lousy quarter, especially after it is inevitably revised downward. Don't tell me I have to do the math for you please....

Unemployment remains pathetically high (the real one anyway), housing has stalled, nearly one third of Americans are not working, most jobs created recently were part time, etc.  No doubt there are glimmers of good news, this being one of them.  But I would wait for the final numbers if I were you. Not that you have a grip on reality.  Anyone that so stringently adheres to a failed ideology in the face of a mountain of evidence has serious issues already. 

Name:	MartiniMan -	Reply
Subject:	News Martini Won't Post
Date:	7/30/2014 10:16:22 PM

You beat me to it. Should have read your post before I put mine up......sorry for the inadvertent plagiarism. 

Name:	MartiniMan -	Reply
Subject:	Seen the ADP job numbers?
Date:	7/31/2014 9:30:53 AM

218,000.......patheticly low given we need 150,000 new jobs each month just to keep up with population growth.  And the quality of those jobs is suspect at best, likely many are part time.  Let's see, 90,000,000 people out of the workforce.  Add 68,000 jobs above population growth and we reduce unemployment of just those out of work by 0.08%.  Wow!  We keep that up and in 47 months (~4 years) we will reduce real unemployment by 1%!!!  Tsk, tsk......such low expectations for the affirmative action president.

Name:	MartiniMan -	Reply
Subject:	Seen the Dow today?
Date:	7/31/2014 4:58:49 PM

Since the stock market has allegedly been the one bright spot for TOTUS it is interesting to note today's drop.  Lots of factors including weak manufacturing and housing data, issues in Argentina and my favorite, concerns that the Fed will start to tighten up on money.  I hope this is a mid summer blip and the selling will not continue.  If indeed the Fed starts to tighten up on the money supply expect a 20%-30% drop in relatively short order.  To the extent this happens before November start thinking tsunami and forget about the wave.

Name:	GoneFishin -	Reply
Subject:	Seen the Dow today?
Date:	8/1/2014 12:40:10 AM

You act like you were born yesterday. Market corrections occur and they give a smart person a chance to pick up your favorites at a discount. Now, here is the type news you should be posting, but you thrive on bad news............

"On Thursday, claims for unemployment aid in the past week came in slightly better than expected, at 302,000, while the prior week's figure was revised down to 279,000, a 14-year low."

Name:	MartiniMan -	Reply
Subject:	Seen the Dow today?
Date:	8/1/2014 9:08:21 AM

New jobs added at 209K and unemployment goes up to 6.2%.  Of course market corrections occur and for bizarre reasons at times.

Name:	GoneFishin -	Reply
Subject:	Seen the Dow today?
Date:	8/1/2014 10:49:17 AM

Disappointing news on the smaller increase in jobs. Are you hiring? 

Name:	MartiniMan -	Reply
Subject:	Seen the Dow today?
Date:	8/1/2014 11:06:44 AM

I am trying to do my part but my clients are still beating us down on rates and delaying work because of the lousy economy......the struggle will continue until we have leadership in control of govt that doesn't hate America and punish businesses.

Name:	GoneFishin -	Reply
Subject:	Seen the Dow today?
Date:	8/1/2014 6:14:52 PM (updated 8/1/2014 6:19:26 PM)

Scare them that when Cruz is elected POTUS, interest rates will rise and they will be unable to afford funding for their project. Or, encourage them to apply for grants offered by Obama before Cruz  vetos all grant money. 

 On second thought, I have to assume you do not bid projects funded with Federal or State grant money paid by taxpayers.

However, as you know there is alot of money that goes to rural and poorer cities and counties that can be applied to projects in you area of expertise. The key I have seen over the years is  bid low and then during the project there are change orders that I always feel is the profit since they are not bid. 

Name:	MartiniMan -	Reply
Subject:	Seen the Dow today?
Date:	8/2/2014 12:37:06 PM

Sorry but we don't do much govt work other than some UST work in the state of Mississippi. And that funding comes directly from gasoline sales and goes directly into a trust fund so it's really privately funded. I don't like govt work because it is low bid mentality and usually not winnable if you don't have the right lobbyist.