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Pocket. This is for the walmarts, this is for the Koch Brothers that pay your salary and you should be ashamed of yourself. Lets finish. A couple of comment there is. The cost of productivity, hes disagreeing with your figures and the other caller mentioned this was another biggovernment program. Well, i would encourage the gentleman to take a look at the study we put out specifically for the fast Food Industry where labor is 25 to 30 of the costs. And why do people buy fast food . Because its inexpensive and fast. If it becomes more expensive theyll lose customers and raise costs higher. So a...

Next year, maybe less. If anything it probably will be less because if the economy weakens theyll stop. In other words, instead of the old days when we could expect the rates to go higher the fed is going to be common sense and see if it does any damage to a pretty good okay not great, not bad economy. But obviously not as terrible as when they slash rates down to the old level back in the middle of the well, near the end of the Great Recession. The fed is saying things arent perfect but theyre better than when they knock rates down to next to nothing in order to save the economy. In fact, i t...

I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job is beginning and might tighten as many as four times this year. Since then this horrendous sell off in china. Its similar to the Des...

Weakens theyll stop. In other words, instead of the old days when we could expect the rates to go higher the fed is going to be common sense and see if it does any damage to a pretty good okay not great, not bad economy. But obviously not as terrible as when they slash rates down to the old level back in the middle of the well, near the end of the Great Recession. The fed is saying things arent perfect but theyre better than when they knock rates down to next to nothing in order to save the economy. In fact, i think they would be better if they kept these rates that much longer down there the ...

Proximate causes of going down. I do not like this market. I said from the moment that the fed started tightening that from now on we will be fighting the fed. Theyre not our friend. Theyre not our mortal enemy but theyre not our friend. Ever since the bottom in 2009 the fed was there to help us, or at least not hinder us. Were down 6 and we would finally be free of the chatter about what would be their next move but no sooner did they raise rates than they began to tell everyone that their job is beginning and might tighten as many as four times this year. Since then this horrendous sell off ...