Why isn't the simulas having an effect?

[spence]

Originally Posted by buckman

I think you nailed it Spence "Obama's radical idiology"

Sorry, I forgot my quotes

-spence

[spence]

Where's my daily dose of doom and gloom from the board economic pessamist?

Markets had a good week, Citi and BofA both talking about profitiability, GM declaring it doesn't need billions in government loans...

I would have thought you'd be all over this as cheerleader in chief of conservative positive spirit.

MARKETS WILL GROW!

-spence

[detbuch]

Originally Posted by spence

Where's my daily dose of doom and gloom from the board economic pessamist?

Markets had a good week, Citi and BofA both talking about profitiability, GM declaring it doesn't need billions in government loans...

I would have thought you'd be all over this as cheerleader in chief of conservative positive spirit.

MARKETS WILL GROW!

-spence

Are the markets up due to the Stimulus? I've heard that the effect of the Stimulus would not begin to take effect till later this year, or later than that. Is the uptick, if it continues this early, a vindication of those who believe that the MARKETS WILL GROW without massive intervention?

[buckman]

Originally Posted by spence

Where's my daily dose of doom and gloom from the board economic pessamist?

Markets had a good week, Citi and BofA both talking about profitiability, GM declaring it doesn't need billions in government loans...

I would have thought you'd be all over this as cheerleader in chief of conservative positive spirit.

MARKETS WILL GROW!

-spence

He inherited the Bush rebound.

[justplugit]

Originally Posted by buckman

He inherited the Bush rebound.

Dead cat bounce.

Time will tell.

[RIJIMMY]

spence your missing the point. I have posted exact quotes from the press that the market DID tank when Bush spoke, the point of this thread was that when Obama speaks or communicates policy, the market has reacted negatively. Every single time!
this week Obama and Geithnher KEPT THEIR MOUTHS SHUT and lo and behold, what happened? The markets have been up!!!!

[justplugit]

BHO has been spreading the economy fear factor since starting in office.

A few days ago he was saying the international economy is in shambles
and we might have to help bail it out too.

Now that the market has gone up for a few days,
he says the economy is not as bad as he thought.

Makes you wonder.

[Nebe]

It's pretty hard to loose money when your given a few billion to play with.
Posted from my iPhone/Mobile device

[RIJIMMY]

Geithner spoke today and the market is up!

[fishbones]

Originally Posted by RIJIMMY

Geithner spoke today and the market is up!

Was he giving his resignation speech?

[JohnnyD]

I'll post for buckman to save him time:

"Bush's initial bailout is finally paying off."

There, him a few clicks.

[RIJIMMY]

Originally Posted by JohnnyD

I'll post for buckman to save him time:

"Bush's initial bailout is finally paying off."

There, him a few clicks.

no, BM is talking market reaction and Im sure he'll admit its a direct result of Geithner this time, although no liberals ever admited the corellation with the drops previously.

[spence]

Market up nearly 500 points.

-spence

[Nebe]

Originally Posted by spence

Market up nearly 500 points.

-spence

good to see, but it is only one facet of many forces.

the fundamentals of our economy are still broken. Jobs are still being exported overseas and housing prices are still faltering.

[JohnnyD]

Originally Posted by Nebe

good to see, but it is only one facet of many forces.

the fundamentals of our economy are still broken. Jobs are still being exported overseas and housing prices are still faltering.

Agreed. Just like the days the market generally went up a little bit after a massive 300+ points down day, I'm willing to bet investors will be cashing in tomorrow or the next day and we'll have another 100+ point down day.

But, the market is impossible to predict; I'm just shooting from the hip and guessing.

[buckman]

Ther was some other good news today. Home sales up 5% largest increase in 6 years. Keep your fingers crossed. Maybe the distraction of the AIG bonuses worked.

[JohnnyD]

The stimulus isn't having any effect, but the $1.2 Million Mansfield is getting from it will save at least 20 teacher jobs.

My roommate who is a music teacher in Mansfield went from a guaranteed layoff to now a guaranteed job next year.

Too bad the government didn't take the Buckman approach and do nothing. Then we'd see the benefits of inaction - over-crowded classrooms, more "out of the school" classes which carry little educational value, significantly decreased after school programs. Those are all the consequences the Mansfield School admin has declared they would have to do if they lost all the teachers they were initially expecting to be without.

[striperman36]

does he shoot golf? I think I hit him at wading river a few years ago

[JohnnyD]

Originally Posted by striperman36

does he shoot golf? I think I hit him at wading river a few years ago

I don't think he even knows what a golf club looks like. Did the guy you hit look like a short Italian with a mustache?

[striperman36]

No. are medium weight clean shaven curly haired individual who said he was the music director

[fishbones]

Originally Posted by JohnnyD

The stimulus isn't having any effect, but the $1.2 Million Mansfield is getting from it will save at least 20 teacher jobs.

My roommate who is a music teacher in Mansfield went from a guaranteed layoff to now a guaranteed job next year.

Too bad the government didn't take the Buckman approach and do nothing. Then we'd see the benefits of inaction - over-crowded classrooms, more "out of the school" classes which carry little educational value, significantly decreased after school programs. Those are all the consequences the Mansfield School admin has declared they would have to do if they lost all the teachers they were initially expecting to be without.

So you actually believe the threats made by towns when budgets aren't where they'd like them to be? Threatening crowded classrooms and decreased programs for kids are ways to stir up support so towns can get money. No one wants to hear that kids are going to have to pay the price. Do you know where the $1.2 million is coming from?

[JohnnyD]

Originally Posted by fishbones

So you actually believe the threats made by towns when budgets aren't where they'd like them to be? Threatening crowded classrooms and decreased programs for kids are ways to stir up support so towns can get money. No one wants to hear that kids are going to have to pay the price. Do you know where the $1.2 million is coming from?

Not threats. It's inside information presented to him personally by a trusted administrator. This info wasn't some public release made by the school. In a formal sense, the School Administration has been a bit mum as to what the actual consequences would be. Very little information has been presented to the town aside from the fact that the school is facing a $4million deficit. The town has tried to find money for the schools but you can't get water from stone.

Aside from this year, I've been involved with the Mansfield School System since I got out of high school. I've seen the progression of cuts to departments, the progressive down scaling of support for the arts departments and decreased programs after school for students. This also isn't a matter of the budgets that "aren't where they'd like them to be." Some of the deficit is caused by the state providing significantly less to the town for the 2009-2010 school year even though the freshman class is over 100 students larger than the graduating class.

The $1.2 million is coming from the stimulus package - trickled down after being given to the state as allocated for education.

[detbuch]

Originally Posted by JohnnyD

Not threats. It's inside information presented to him personally by a trusted administrator. This info wasn't some public release made by the school. In a formal sense, the School Administration has been a bit mum as to what the actual consequences would be. Very little information has been presented to the town aside from the fact that the school is facing a $4million deficit. The town has tried to find money for the schools but you can't get water from stone.

Aside from this year, I've been involved with the Mansfield School System since I got out of high school. I've seen the progression of cuts to departments, the progressive down scaling of support for the arts departments and decreased programs after school for students. This also isn't a matter of the budgets that "aren't where they'd like them to be." Some of the deficit is caused by the state providing significantly less to the town for the 2009-2010 school year even though the freshman class is over 100 students larger than the graduating class.

The $1.2 million is coming from the stimulus package - trickled down after being given to the state as allocated for education.

What happens when the $1.2 million is spent?

[buckman]

Originally Posted by JohnnyD

The stimulus isn't having any effect, but the $1.2 Million Mansfield is getting from it will save at least 20 teacher jobs.

My roommate who is a music teacher in Mansfield went from a guaranteed layoff to now a guaranteed job next year.

Too bad the government didn't take the Buckman approach and do nothing. Then we'd see the benefits of inaction - over-crowded classrooms, more "out of the school" classes which carry little educational value, significantly decreased after school programs. Those are all the consequences the Mansfield School admin has declared they would have to do if they lost all the teachers they were initially expecting to be without.

So the tax payers bail out teachers jobs and everythings right in your world. What happens next year? I have heard layoff talks at the schools for 25 years. We didn't need a trillion dollar bailout to save a music teacher.

[fishbones]

The $1.2 million is coming from taxpayers, isn't it? How can Mansfield be in such a hole when other towns with fewer resources are in decent shape? I thought Mansfield did well with all the taxes generated from all the businesses in town.

[JohnnyD]

Originally Posted by fishbones

The $1.2 million is coming from taxpayers, isn't it? How can Mansfield be in such a hole when other towns with fewer resources are in decent shape? I thought Mansfield did well with all the taxes generated from all the businesses in town.

It does and this is an issue I've brought up on a few occasions. I think a major problem is that the town has gotten so accustomed to have the extra money that with the current short income and decrease of state funding, they don't know what to do. Think of the investment banker who was making millions and now *only* makes $300k. They've grown so used to have all that income they now won't be able to send their kids to a $30k/year private school, will have to fire their private driver and find a cheaper nanny.

My understanding is that administrators and government workers are paid more in Mansfield than in many of the area towns. It's pathetic and has been pissing me off for some time.

They "sold" Mansfield Crossing to the town by trying to boast how it will bring $1.2Million in additional revenue to the town. Yet, they hired something like 4 more firefighters and at least a half dozen cops and used the added coverage needed for Mansfield Crossing as the excuse. 10 jobs starting around $40k/year = $400,000. That's a third of the supposed increased town income and that doesn't begin to take benefits and pension into consideration.

I had been saying that since day one, but D'Agostino and Co. refuse to say no to developers in the town. Fortunately, he's gone after this year.

[buckman]

Originally Posted by fishbones

The $1.2 million is coming from taxpayers, isn't it? How can Mansfield be in such a hole when other towns with fewer resources are in decent shape? I thought Mansfield did well with all the taxes generated from all the businesses in town.

Mansfield is fine. Every town talks layoffs at this time of year. The schools are still among the best. $1.2 million is the amount talked about almost every year for the past 5 years.. They propose their wish list in the budget and then they come back to reality and cut it down.

[striperman36]

I agree with buckman, you hear this layoff discussion every year and the pink slips go out until the town gets its budget together

[fishbones]

Originally Posted by buckman

Mansfield is fine. Every town talks layoffs at this time of year. The schools are still among the best. $1.2 million is the amount talked about almost every year for the past 5 years.. They propose their wish list in the budget and then they come back to reality and cut it down.

That was my original point, Buckman. It's a tactic by the town to get more money by talking about how the kids will suffer if they don't get the money they "need". My sister in law is a teacher in Mansfield and my niece and nephew both go to school there. The schools will be fine with or without the stimulus money. Mansfield is the type of community that would find a way to get money that is really needed for the schools. The doom and gloom approach is just more effective because it preys upon peoples fears.

[JohnnyD]

Originally Posted by fishbones

That was my original point, Buckman. It's a tactic by the town to get more money by talking about how the kids will suffer if they don't get the money they "need". My sister in law is a teacher in Mansfield and my niece and nephew both go to school there. The schools will be fine with or without the stimulus money. Mansfield is the type of community that would find a way to get money that is really needed for the schools. The doom and gloom approach is just more effective because it preys upon peoples fears.

It's easy for someone who doesn't even live in the town to say. Or buckman who is in no way involved with the schools aside from having a kid that goes to them.

Like I said, aside from this past year, I've been working at the school for almost 7 years. That allots me information that isn't PR crap given to the residents. We'll find out in June what the results will be; that is when the towns are contractually obligated to make all announcements of lay-offs.