Wall Street Whines About Obama, Despite Record Profits

LadyJazzer wrote:

Joe wrote: What was the point again?

"profits have surged 62% from the start of 2009 to mid-2010".... That was the point. Hmmmmm.... Now, who was president until January, 2009?

First of all, Johnny is walking alone in Harlem. He is mugged by Raul and Tasha, who take $25 to buy an eight ball. What they did not know, was that Johnny secretly tucked away $25 so that he could go get his grandmother's Albutirol prescription refilled. That leaves Johnny with 50% of what he originally had.

What percent would Buffy have to make, turning tricks on Rodeo Drive to bring himself back to an even strating point?

100%

$50
$25
$25

He would have to earn $25 to get back to the $50, or 100%.


NOW, LJ, BUSINESS may have earned 62% profit, but how did they have to do that?

THEY HAD TO TRIM EXPENSES!

THEY HAD TO LAY PEOPLE OFF, to whit, the millions laid off.

When your operational expenses are reduced significantly, an interesting by-product occurs - PROFIT or breakeven.

OBAMA did not cause businesses to earn a 62% profit! Business leadership had to cut cost (LAYOFFS among other cuts) and as a result, profits were up.

The question facing the business sector now?

IF WE LAYOFF MORE PEOPLE, WILL WE STILL BE ABLE TO PRODUCE A GOOD OR SERVICE?

IF WE CAN NOT AFFORD TO LAY MORE STAFF OFF AND WE CAN NOT CUT COSTS ELSEWHERE, HOW WILL WE HAVE PROFITS TO KEEP THE STOCKMARKET UP???

Watch out folks that still have money in EQUITIES tied to the market!!!

So, LJ did you understand your economics lesson?

Watch out folks that still have money in EQUITIES tied to the market!!!

I'd be worried about having money in bond funds right now too. There is only one direction for interest rates to go from here.

AV8OR wrote:

LadyJazzer wrote:

Joe wrote: What was the point again?

"profits have surged 62% from the start of 2009 to mid-2010".... That was the point. Hmmmmm.... Now, who was president until January, 2009?

First of all, Johnny is walking alone in Harlem. He is mugged by Raul and Tasha, who take $25 to buy an eight ball. What they did not know, was that Johnny secretly tucked away $25 so that he could go get his grandmother's Albutirol prescription refilled. That leaves Johnny with 50% of what he originally had.

What percent would Buffy have to make, turning tricks on Rodeo Drive to bring himself back to an even strating point?

100%

$50
$25
$25

He would have to earn $25 to get back to the $50, or 100%.


NOW, LJ, BUSINESS may have earned 62% profit, but how did they have to do that?

THEY HAD TO TRIM EXPENSES!

THEY HAD TO LAY PEOPLE OFF, to whit, the millions laid off.

When your operational expenses are reduced significantly, an interesting by-product occurs - PROFIT or breakeven.

OBAMA did not cause businesses to earn a 62% profit! Business leadership had to cut cost (LAYOFFS among other cuts) and as a result, profits were up.

The question facing the business sector now?

IF WE LAYOFF MORE PEOPLE, WILL WE STILL BE ABLE TO PRODUCE A GOOD OR SERVICE?

IF WE CAN NOT AFFORD TO LAY MORE STAFF OFF AND WE CAN NOT CUT COSTS ELSEWHERE, HOW WILL WE HAVE PROFITS TO KEEP THE STOCKMARKET UP???

Watch out folks that still have money in EQUITIES tied to the market!!!

So, LJ did you understand your economics lesson?

"profits have surged 62% from the start of 2009 to mid-2010".... That was the point. Hmmmmm.... Now, who was president until January, 2009? All of your ranting and sarcasm didn't change the truth of the numbers did it?

IDIOT! The CEO and PRESIDENTS of the corporations

are the PRESIDENT!

Wipe that foam from around your mouth... The neighbors are starting to notice...

rofllol


"profits have surged 62% from the start of 2009 to mid-2010".... That was the point.

You changed the subject there, lady???

No...For those with short memories, the thread title was:

"Wall Street Whines About Obama, Despite Record Profits"


"profits have surged 62% from the start of 2009 to mid-2010".... That was the point.


Your rabid behavior is just a side-note... And very amusing.

Profits of a small business in Conifer surges from the start of 2009 to mid-2010, reports the High Timber Times. Local business owner, Looney Jerk says, "my profits were $ 1000 in 2009. This year I am going to make $1620 or 5% profit." When asked how see was able to surge in profits, Looney Jerk said, "I laid off half of my staff." "Yes, I am doing more with less. But my profits surged 62%."

When asked about her 2011 plans, she commented, "I don't plan to rehire my staff, my medical insurance rose by 25%." She commented, "If my profits stay the same in 2011, I will see a 25% less profits because of health insurance which I don't mind, I support Obamacare." When asked if her total health insurance costs only went up $ 405 per year? She commented, "No my insurance costs will cost another $ 120 per month."

John Smith, Professor of Business Administration at University of Hard Knocks noted, "Looney Jerk will see minimal profits in 2011 unless she grows her business. The 25% increase in health care costs represent 88% of her profit margin and increases her annual expenses by $1440. Smith pointed out, "to replace the $ 1440 in profits, Looney Jerk will need to grow her business by an additional $ 30,000 per year, or a 100% increase, at a 5% profit margin." John Smith further noted, "increase costs of energy, insurance, and costs of good are expected to rise over the next several months which will further erode the profit margins."

NICE Resident Troll!

I gotta good laugh out of that. Better than the manufactured faces that lady incorporates in her posts.

AV8OR wrote: NICE Resident Troll!

I gotta good laugh out of that. Better than the manufactured faces that lady incorporates in his/her posts.

Not surprising you prefer fiction over reality