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Phoenix68

Back, Before The Average-Teabagger Could Read....

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3 minutes ago, sole result said:

Phoenix68, dare live in the present and stop living the glory days of people will believe anything is possible. Know the real limitations to being eternally separated while self contained to living simultaneously now.

 

I got nothing to eat

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3 minutes ago, Zaro said:

 

I got nothing to eat

why?  Waiting for your next meal ticket from daddy since you spent the last amount you got for living expenses on partying? What happened to those royalty payments for your model foot/feet?

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DOMESTIC OIL-PRODUCTION SOARING,

UNDER PRESIDENT OBAMA!

October 7, 2013

 

"The United States will pass Russia this year to lead the world in production of oil and natural gas, the U.S. Energy Information Administration reports.

 

America has been closing in on Russia since 2008 thanks to a boom in both oil and gas production, primarily on private lands. This year it’s on track to out-produce it by a substantial margin. Saudi Arabia is third overall and remains the world’s largest oil producer—though the United States may be on track to take that title as well.

 

“This is a remarkable turn of events,” the head of the EIA told the Wall Street Journal. “This is a new era of thinking about market conditions, and opportunities created by these conditions, that you wouldn’t in a million years have dreamed about.”

 

As recently as 2007, economists were writing things like, “the amount of oil produced in America each year has been on a path of inexorable decline now for two generations.” Turns out the path was exorable after all. All it took was a whole lot of fracking. As the Guardian notes, Russia has vast shale formations, but “has lagged behind the United States in its embrace of horizontal drilling and hydraulic fracturing to get at the oil and gas.”

 

http://www.slate.com/blogs/future_tense/2013/10/07/world_s_leading_oil_gas_producer_us_passes_russia_under_obama_administration.html

 

 

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"Consumer confidence jumped in June to its highest level in over five years as Americans were more optimistic about business and labor market conditions, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes rose to 81.4 from a downwardly revised 74.3 the month before. It was the highest since January 2008 and beat expectations for 75.4 ."

 

 

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Foreign Inve$tment$:
U.S.A. #1
!!! (Again!!)
June 26, 2013


"After a 12-year hiatus, the United States reclaimed first place among top executives in a survey on foreign direct investment sentiment, displacing China as it makes progress toward sustainable and steady economic growth, a study showed on Wednesday.

The United States jumped from fourth place in 2012, according to the 2013 Foreign Direct Investment Confidence Index, a survey of more than 300 executives from 28 countries by global consulting firm A.T. Kearney.

The survey, conducted between October and November of last year, highlighted executives' views that U.S. workers are becoming more competitive and, until recently, the weakness in the U.S. dollar helped improve the country's exports profile.

Combined with a recovering housing market and the surge in production of unconventional oil and gas, the United States took back the top spot for the first time since 2001 despite still serious fiscal policy uncertainty and sizeable debt issues."

 

 

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3 minutes ago, Phoenix68 said:
 

 

And the Obama administration was doing everything possible to end fracking which is where these oil jumps were coming from.  

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"Chrysler's U.S. sales in June rose 8 percent on strong demand for its two best-selling vehicles, the Ram full-size pickup truck and Jeep Cherokee SUV, the company said on Tuesday.

Chrysler Group LLC, majority-owned by Italy's Fiat, reported U.S. sales last month of 156,686 vehicles, in line with analysts' expectations and the company's best June results since 2007.

Overall U.S. auto industry sales in June are expected to show a rise of up to 8 percent and could reach their strongest monthly pace since before a recession pushed Chrysler and General Motors into bankruptcy in 2009.

Economists polled by Thomson Reuters expect an annual sales rate in June of 15.4 million vehicles. Several analysts and research firms who follow the auto industry closely anticipate a rate of 15.5 million to 15.7 million.

Chrysler falls in the optimists' camp as it expects a sales pace in the month of about 16 million vehicles, including medium and heavy trucks. Those vehicles typically account for about 300,000 sales annually.

"The fundamentals for continued industry gains in new-vehicle sales remain intact," Chrysler U.S. sales chief Reid Bigland said in a statement.

Monthly sales are seen as an early indicator of the U.S. economy's health. The auto industry has held up better than the broader economy as easier credit availability and pent-up demand for vehicles have driven demand.

In May, U.S. auto sales rose more than expected as construction workers and oil drillers bought more pickups to meet growing demand for their services, a trend major automakers expect to continue through the rest of the year."

 

 

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Factory Orders RISE!!
July 2, 2013

*


"New orders for factory goods rose for a second straight month in May, adding to tentative signs of stabilization in manufacturing after a recent slowdown.

The Commerce Department on Tuesday said new orders for manufactured goods increased 2.1 percent. April's orders were revised to show a 1.3 percent rise instead of the previously reported 1 percent advance.

Economists polled by Reuters had forecast new orders received by factories increasing 2 percent.

Manufacturing slowed in recent months, weighed down by deep government spending cuts and slowing global demand, especially in China and the recession-hit Europe.

However, there are signs the loss of momentum has run its course or is at least starting to ebb.

Data on Monday showed a gauge of national factory activity bounced back into growth territory in June, with new orders pushing higher. That improving tone was also evident in reports last month showing a modest rise in factory output in May and a pick-up in business spending plans.
"

 

 

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25 minutes ago, sole result said:

why?  Waiting for your next meal ticket from daddy since you spent the last amount you got for living expenses on partying? What happened to those royalty payments for your model foot/feet?

 

I forgot about it at the store. Get all the details in the water cooler room

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1 minute ago, Zaro said:

 

I forgot about it at the store. Get all the details in the water cooler room

Don't care. You are a fraud.

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1 hour ago, Zaro said:

I occasionally lose my cool over teabaggers. They really think they are the only group to contribute. Nobody pays taxes but a bunch of racist country bumkins on disability for some self index chronic illness like diabetes from eating pork fat and Kraft Mac and Cheese or some heart disease from cigarettes smoking. If you offer them a fresh make vinegarette, they think it's Asian. 

Anyways, remember TARP. 735 billion to bail out the likes of Goldman, Leahman Brothers and AIG. Add the various other finance related bailouts and you come close to 1.5 trillion. But Obama had to toss some crumbs and set aside 75 billion to help homeowners in danger of losing their house. They slurped up TARP but went ape sheet over helping the victim. 

And Blue balls, he has a stiffy every time he posts the 500 companies Trump put his name on. He is in total awe of money. He thinks the rich are better people

 

So the teabaggers went ape sheet cause the thought it would bail out an undeserving negro who bought himself too much house on an adjustable rate mortgage

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"Major car makers are expected to report an additional month of bullish U.S. sales today, as June numbers are rolled out, but demand from abroad may be even more encouraging for Ford (F), Honda (7267), BMW (BMW) and all the other companies bolting together cars in the U.S.

The Wall Street Journal has a smart piece detailing the myriad ways the U.S. has become “an export powerhouse.”

 

 

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U.S. JOBS DATA: IMPROVED HIRING!
July 3, 2013

*


"Fresh data on private hiring and unemployment claims on Wednesday pointed to a firmer U.S. jobs market, two days before the government releases official June data.

The ADP payrolls firm estimated that 188,000 private-sector jobs were generated in June, up from its May reading of 134,000 and above the 137,000 average for the March-May period, when the economy went through a dip.

Reversing a three-month slump, goods-producing industries added 27,000 jobs, while service businesses added 161,000, and construction continued to be a strong point in jobs creation.

Meanwhile the Labor Department said weekly new claims for unemployment compensation, a signal of the pace of layoffs, fell to 343,000 in the week ending June 29, 5,000 below the previous week and slightly below the four-week moving average of 345,500.

Together the fresh data "continue to signal no loss of momentum in the labor market," said Jim O'Sullivan, chief US economist at High Frequency Economics."

 

http://www.industryweek.com/workforce/improved-hiring-us

 

 

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U.S. Adds 195,000 Jobs!
July 5, 2013

*


"The economy added 195,000 jobs in June, the Labor Department reported Friday morning, slightly more than analysts had been expecting and suggesting healthier growth.

Wall Street has been feverishly awaiting the June employment report. Not only does it provide another indicator of overall economic strength, it also affects the timing of the Federal Reserve’s decision to start easing back on a major part of its stimulus efforts.

Experts on Wall Street had been expecting the economy to add 165,000 jobs in June, so the better-than-expected monthly number, along with upward revisions in the number of jobs created in April and May, makes it more likely the Fed will begin stepping back in the coming months. In the first half of 2013, a better indicator than the one-month snapshot, the economy added 202,000 jobs a month, up from the 183,000 monthly pace in 2012.

If the job market continues to improve, and other indicators like manufacturing activity and consumer spending remain healthy, the central bank could begin scaling back the stimulus program as early as September, Ms. Meyer said.

“We had been calling for December, but if the next few reports come in at these levels, it could help to justify a tapering by the Fed in September,” she said.

Other analysts echoed Ms. Meyer’s view.

“This was a solid report and it will be seen by the Fed as fully consistent with tapering in September,” said Dean Maki, chief United States economist at Barclays. In addition, Mr. Maki noted, average hourly earnings rose 2.2 percent year-over-year, close to a high for the current recovery."

 

obama-high-five.jpg

 

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1 hour ago, Zaro said:

and they are so fugging stupid. Take deregulation for example. Just because it takes you two years and five permits to build a shed in your backyard or you get slapped with a big fine if there is a crack in the sidewalk in front of your hair salon. There are indeed two Americas. Finance/banking and big business and there are suckers, which makes up 99℅ of the population.

 

The financial collapse of 08 can be traced back to the repeal of Glass-Steagall in 1999. The blame lies with Bill Clinton to sign as its replacement the Gramm-Leach-Bliley Act into law. That was the beginning of the fuggery that took ten years to implode. Once it did, Obama rescued the wall street gamblers to the tune of 1.5 trillion. And last week Trump rewarded the same gamblers with another 1.5 trillion that our kids are supposed to pay of through reduced services and benefits.

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"On July 8, 29 countries—the U.S. plus 28 countries of the EU—will begin negotiating The Biggest Trade Deal Ever. The Transatlantic Trade and Investment Partnership will affect 30 percent of global commerce, eliminate $10.5 billion in tariffs, and boost trade by an estimated $280 billion a year. European Union and U.S. industries are sending wish lists to the negotiators, who want a pact by the end of 2014."

 

 

 

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21 minutes ago, Zaro said:

The financial collapse of 08 can be traced back to the repeal of Glass-Steagall in 1999. The blame lies with Bill Clinton to sign as its replacement the Gramm-Leach-Bliley Act into law.

 

No...it was a typical Texas-hustle!!!

 

 

See: 4:45 thru 12:00

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the Koch revolution

Lol

Check the Koch's networth since the beginning of the "tea party" and today. Find out who's party this is

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"The number of Americans filing new claims for jobless benefits dropped more than expected last week to its lowest level in four months, a possible sign that hiring could pick up in July.

Initial claims for state unemployment benefits fell by 24,000 to a seasonally adjusted 334,000, the Labor Department said on Thursday.

The U.S. labor market has shown signs of strength in recent weeks, with 195,000 jobs added to payrolls in June. This has fueled expectations the Federal Reserve will start winding down its massive stimulus program as early as September."

 

 

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14 minutes ago, Zaro said:

 

The financial collapse of 08 can be traced back to the repeal of Glass-Steagall in 1999. The blame lies with Bill Clinton to sign as its replacement the Gramm-Leach-Bliley Act into law. That was the beginning of the fuggery that took ten years to implode. Once it did, Obama rescued the wall street gamblers to the tune of 1.5 trillion. And last week Trump rewarded the same gamblers with another 1.5 trillion that our kids are supposed to pay of through reduced services and benefits.

Blaming Clinton is not realistic, although he was to blame...  The dismantling of meaningful regulations began in earnest in the 80's, media ownership and Wall Street, everything.  Giant money purchased our government and bought the end of regulation in the 80's and 90's.  Glass Steagall was the big name, but by the time Clinton signed that it was a done deal anyway.  Had he vetoed it, he would have been overruled.  

 

The Democrats and Republicans were both selling that mess.  Democrats told us everyone could afford a house.  Republicans needed nothing more than "less regulation" and they were in.

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"New U.S. home sales vaulted to a five-year high in June, showing no signs of slowing in the face of higher mortgage rates.

Other data on Wednesday showed an acceleration in U.S. factory activity this month, boosting hopes of a third-quarter pick-up in economic growth.

Single-family home sales increased 8.3 percent to a seasonally adjusted annual rate of 497,000 units, the highest level since May 2008, the Commerce Department said. Sales rose 1.3 percent in May.

Economists polled by Reuters had expected new home sales to advance to a 482,000-unit rate last month.

Compared with June last year, single-family home sales were up 38.1 percent, the largest increase since January 1992.

The third straight month of gains in new home sales, which are measured when contracts are signed, suggested the housing market was gaining more muscle and should allay concerns that higher mortgage rates could slow down momentum.

There had been worries that higher borrowing costs could crimp the housing market recovery after data on Monday showed a surprise drop in home resales in June."

 

 

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8 minutes ago, splunch said:

Blaming Clinton is not realistic, although he was to blame...

 

I'm sure Phil Gramm appreciates the hand-job.

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"The number of Americans filing new claims for unemployment benefits fell unexpectedly last week, touching a 5-1/2 year low, suggesting a steadily improving labor market.

Initial claims for state unemployment benefits dropped 19,000 to a seasonally adjusted 326,000, the lowest level since January 2008, the Labor Department said on Thursday.

Economists polled by Reuters had expected first-time applications to rise to 345,000 last week.

While claims are extremely volatile in July because of summer auto plant shutdowns, the general tone of the report remained consistent with a pick-up in job gains.

"This suggests the labor market is still expanding. There is no sign that it's slowing. It might actually be picking up a bit," said David Sloan, senior economist at 4Cast Inc. in New York

Automakers traditionally close assembly plants for retooling in July, but they have either shortened the shutdown period or completely forgone the closures, throwing off the model that the government uses to adjust the data for seasonal variations."

 

 

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