Black Friday: This is America

Originally posted by Skid Mark
Watching this, I couldn't help but wonder how many of these people will use their credit cards to buy things and go even further into debt. Also, seeing the mad rush to buy crap that most likely isn't even made here disgusted me. It reminds me of the guy that got trampled to death at Walmart two years ago. It's just stupid.

exactly. none of it is made here most of it is made in china by slave labor. but like cows being herded through a fench they rush into the store and step on others as they go to bury themselves further in debt. SPEND MORE it will get the economy running! spend spend spend until the bank comes to take your house!

I have just discovered the ideal gift for all these sheep...

www.iwantoneofthose.com...

This is what they really need and at a fair price I say ...:-))

LOL i wonder how well that sells? I should try to put that on ebay!

reply to post by AndrewJay


Ok then change the product..... The only way to get everyone in America to vote, would be paying for it at the mall...

Black Friday was actually of enormous importance to your nation's well being. The current problem with the American economy is that there is not enough money moving through it. Everyone is saving too much, there needs to be far more motion.

It was said earlier in this thread that all Americans can do is spend. Sadly this is not the case right now, and if consumer spending does not increase, you could face a long period of economic stagnation like Japan had in the 1990s.

The Black Friday numbers are being poured over by analysts the world over, to see if your economy will recover quickly or painfully slowly. In short, if you care about things like unemployment, foreclosures and the general state of your economy, you really should be caring about how many people are climbing over each other to buy that ten-dollar toaster.

reply to post by ProjectJimmy


Any results of the study yet?

I know my girlfriends work (Blockbuster) made $14,000 more the weekend of black friday than it did last year; but that's just one store's Day to Year comparison

Originally posted by ProjectJimmy
Black Friday was actually of enormous importance to your nation's well being. The current problem with the American economy is that there is not enough money moving through it. Everyone is saving too much, there needs to be far more motion.

100% false.

Originally posted by unityemissions

Originally posted by ProjectJimmy
Black Friday was actually of enormous importance to your nation's well being. The current problem with the American economy is that there is not enough money moving through it. Everyone is saving too much, there needs to be far more motion.

100% false.

Care to back that up at all there mate?

As for the poster above you asking if any results are in for Black Friday yet, there are some and they are mostly encouraging! The Atlantic is reporting very positive numbers over last year:
Black Friday Bliss ~ The Atlantic

Overall the majority of reports I've seen have been quite good, which is quite welcome news for your country and everyone's really.

reply to post by AndrewJay


Once again your looking at a SMALL group of the population. I agree that it's awful to watch. however I don't see how this group of "sales groupies" has anything to do with scanners in the airport.

When was the last time you were traveling? And if you remember smoking in the airport you must be over 60.

From your language skills I find that hard to believe.

Originally posted by amc621
reply to post by AndrewJay

 

Once again your looking at a SMALL group of the population. I agree that it's awful to watch. however I don't see how this group of "sales groupies" has anything to do with scanners in the airport.

When was the last time you were traveling? And if you remember smoking in the airport you must be over 60.

From your language skills I find that hard to believe.

So its ok for things like this to happen in a free nation as long as its only happening to a SMALL group of the population right? Im so sorry that I dont spell check, proof read and submit everything I post on ATS to professional writers to make you happy. Then again most people only call out 'language skills' (not sure if that means not agreeing to everything you say or grammar/spelling mistakes) when their arguement no longer holds water. but to your question, no im not 60 years old but that doesnt mean I cant look back on better times.

Originally posted by ProjectJimmy

Originally posted by unityemissions

Originally posted by ProjectJimmy
Black Friday was actually of enormous importance to your nation's well being. The current problem with the American economy is that there is not enough money moving through it. Everyone is saving too much, there needs to be far more motion.

100% false.

Care to back that up at all there mate?

Sure. The system is a sham from the beginning. The very act of creating fiat currency from the Federal Reserve ensures our virtual slavery. The more we spend, the more indebted we become, as the system is a complete con.

The lack of savings actually is a good part of the reason why we're in this mess. What you're asking people to do is become good consumers for a banana republic. It may seem to help out in the short run, but this is just an illusion.

In all actuality, the best people could do to peacefully end this great con is to cut spending drastically more than has already been done. Then the whole ponzi scheme would crumble. Just look at China's long term financial policy. They have excellent savings and very low debt compared to GDP. For these reasons, they dominate atm.

Originally posted by unityemissions
Sure. The system is a sham from the beginning. The very act of creating fiat currency from the Federal Reserve ensures our virtual slavery. The more we spend, the more indebted we become, as the system is a complete con.

The lack of savings actually is a good part of the reason why we're in this mess. What you're asking people to do is become good consumers for a banana republic. It may seem to help out in the short run, but this is just an illusion.

In all actuality, the best people could do to peacefully end this great con is to cut spending drastically more than has already been done. Then the whole ponzi scheme would crumble. Just look at China's long term financial policy. They have excellent savings and very low debt compared to GDP. For these reasons, they dominate atm.

edit on 30-11-2010 by unityemissions because: (no reason given)

Alright, I do not have time to fully get into this now sadly, but I've had long and drawn out explanations of exactly why this is not the case please look them up in my posting history. Alternatively I'll try to find them in the morning if you like.

I will just say to put it as quickly as possible:

Fiat currency has value because it is accepted for taxation.

The Federal Reserve is not a ponzi scheme run by banks because the member banks have no say over the Fed, they are not a cartel.

If you all saved massively right now, you would create massive deflation, and in turn this would rebound and result in super-inflation. Like Germany between the wars.

Read up on market liquidity, it's quite important in a capitalist economy.

Originally posted by ProjectJimmy
Alright, I do not have time to fully get into this now sadly, but I've had long and drawn out explanations of exactly why this is not the case please look them up in my posting history. Alternatively I'll try to find them in the morning if you like.

I will just say to put it as quickly as possible:

Fiat currency has value because it is accepted for taxation.

What? Fiat currency IS a hidden tax. It doesn't have value because it's a form of tax. This tax deflates the value of our work.

Originally posted by ProjectJimmy
The Federal Reserve is not a ponzi scheme run by banks because the member banks have no say over the Fed, they are not a cartel.

It's both. It's a cartel running a ponzi scheme.

Originally posted by ProjectJimmy
If you all saved massively right now, you would create massive deflation, and in turn this would rebound and result in super-inflation. Like Germany between the wars.

Read up on market liquidity, it's quite important in a capitalist economy.

Again, you fail to see the bigger picture. You're asking people to continue partaking in an entirely corrupt system. The system is bound to fail eventually. The sooner the better. If this continues to be dragged out, many more people will suffer. The sooner we get through the suffering, the better, imo. What's going on right now is pure stupidity and outright insanity.

reply to post by AndrewJay


Dude, I hesitiate to even converse with you. Your obviously just looking for something to complain about.

When was the last time you flew? Did I not say watching the video was a awful picture of people?

I bet during that time of a shopping frenzy, there were a million times more americans doing good things for their fellow american.

Why don't you leave the country if your so pissed?

Sometimes, when all else fails, you just have to laugh:

Breaking! World Panic Day! November 26th 2010!
www.abovetopsecret.com...
by: this_is_who_we_are

That behavior is not typical of most Americans despite what people try to convey.

For every ignorant video or story of people trampling someone or getting into a fight over a CD there was 100,000 shoppers who acted normally and courteous.

Just because I see on the news where a black guy robbed a liquor store don't mean all black people are thieves. .

This year's stats for my company show that, after two or three years of recession, people are spending the majority of their money on themselves now - forget gifts.

I observed our associates ringing up transactions ranging from $400 to $800 dollars, one after the other, for two hours straight, during the peak of the day. Almost all on credit cards.

The question is, will the spending last through the month or was it a one shot deal this past weekend?

Most people don't really need any of this stuff, they just want it. The rampant consumerism while the world teeters on the brink of bankruptcy is nauseating, but if they don't spend, it will come much sooner.

I just don't see a way out of this unsustainable mental and fiscal illness.