Bernanke HUMILIATED by RON PAUL

Right out of horse's mouth.

http://www.bls.gov/news.release/cpi.nr0.htm

This is up to Sep. We have 2 rate cut since there. Just don't drive and don't eat and you will be ok for a while.

Code: 
                         Percentage change 12 months		      SAAR 9                              
                         ended in December                            mos. ended        
								      in Sep.
                     2000    2001   2002   2003   2004   2005   2006    2007
 All items            3.4     1.6    2.4    1.9    3.3    3.4    2.5     3.6
  Food and beverages  2.8     2.8    1.5    3.5    2.6    2.3    2.2     [color=red]5.7[/color]
  Housing             4.3     2.9    2.4    2.2    3.0    4.0    3.3     2.7
  Apparel            -1.8    -3.2   -1.8   -2.1    -.2   -1.1     .9    -1.7 
  Transportation      4.1    -3.8    3.8     .3    6.5    4.8    1.6     [color=red]6.0[/color]
  Medical care        4.2     4.7    5.0    3.7    4.2    4.3    3.6     5.1
  Recreation          1.7     1.5    1.1    1.1     .7    1.1    1.0      .5
  Education and
    communication     1.3     3.2    2.2    1.6    1.5    2.4    2.3     3.0
  Other goods
    and services      4.2     4.5    3.3    1.5    2.5    3.1    3.0     3.4

 Special indexes
  Energy             14.2   -13.0   10.7    6.9   16.6   17.1    2.9    [color=red]11.7[/color]
    Energy 
      commodities    15.7   -24.5   23.7    6.9   26.7   16.7    6.1    [color=red]20.6[/color]
    Energy
      services       12.7    -1.5     .4    6.9    6.8   17.6    -.6     1.3
  All items less
    energy            2.6     2.8    1.8    1.5    2.2    2.2    2.5     2.8
    Food              2.8     2.8    1.5    3.6    2.7    2.3    2.1     5.7
  All items less  
    food and energy   2.6     2.7    1.9    1.1    2.2    2.2    2.6     2.3
 
That housing number is a fucking joke.
California is half the economy and housing costs have gone up 100% in 2 years.
Who's ass did they pull those figures from???? They are obviously not weighted.
 
Here is the weigth (%) of each catagory

1st column 2005 and 2nd column is 2006. So, housing is 40% of the index. There are more than rent and mortgage in the housing index though.

Code: 
All items............................................   100.000        100.000     
                                                                                    
  Food and beverages..................................    14.992         16.475     
  Housing.............................................    42.691         40.463     
  Apparel.............................................     3.726          4.041     
  Transportation......................................    17.249         19.515     
  Medical care........................................     6.281          5.228     
  Recreation..........................................     5.552          5.022     
  Education and communication.........................     6.034          5.605        
  Other goods and services............................     3.476          3.652     

===
Special index      
  Energy..............................................     8.715         10.282     
  Utilities and public transportation.................     9.356         10.051
 
Quote from stock_trad3r:

. . . It would be a disaster if he won. The dow would probably lose 2000 points.
More...

It's gonna do that anyway, or didn't you get the memo?
 
Im talking about a state by state, or population by population weighting.

If 100,000 people live in bum fuck nowhere State USA, and homes prices drop 10% a year there, and half the population lives in california, and homes go up 100% every 2 years, does it make absolutely any sense at all to average the two???

The nationwide home price number doesnt mean jack shit when the population is not distributed evenly nationwide.

Run the CPI against california only, and what do you think the home # is going to look like??? It will show insane inflation.
 
Quote from arbprofit2:

This must have got Ben's heart racing!

http://www.youtube.com/watch?v=yAwvlDJgJbM
More...


It's interesting to note the "buzz" on ET about Ron Paul. Unfortunately he will never be elected because he fails in 2 key electoral criterias. 1) The average guy voter wouldn't want to have a beer with him and 2) he isn't "cute" enough for the average woman voter. That's a double whammy no candidate can overcome.
 
Christ, just looked at california cpi's and its full of shit too. I guess homes prices havent budged more than a few percent a year in california
*pukes*
 
Here is a break down of housing.

If you are spending $3000 per month, you energy cost for your house is $3000*5.779%=$173 per month. Hrm... certainly not winter. Summer, maybe.

ftp://ftp.bls.gov/pub/special.requests/cpi/cpiri2006.txt

Code: 
Housing.............................................    42.691         40.463     
   Shelter............................................    32.776         30.570     
   Fuels and utilities................................     5.264          5.779 
      Fuel oil........................................      .231           .227     
      Propane, kerosene, and firewood.................      .107           .119     
     Gas (piped) and electricity......................     4.029          4.496     
      Electricity.....................................     2.750          3.099     
      Utility (piped) gas service.....................     1.280          1.397     
     Water and sewer and trash collection services....      .897           .937     
      Water and sewerage maintenance..................      .669           .711     
      Garbage and trash collection....................      .228           .226          
   Household furnishings and operations...............     4.651          4.114
 
HAAH!!! Ron it the nail right on the head. When money is apparently cheap people borrow more, then bubbles, bubbles, more economic troubles. :eek:
 
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