What happened to all of the doom and gloom economic threads?

Status
Not open for further replies.
Finally! Some positive economic news: car thefts are way down











































































because more Americans are living in them!
 
Reporter Follows Obama’s Advice Telling Town Hall Participant To Contact The Government, Fails Miserably…


Surprise!

(Politico) — At Wednesday’s town hall in Atkinson, Ill., a local farmer who said he grows corn and soybeans expressed his concerns to President Obama about “more rules and regulations” — including those concerning dust, noise and water runoff — that he heard would negatively affect his business.

The president, on day three of his Midwest bus tour, replied: “If you hear something is happening, but it hasn’t happened, don’t always believe what you hear.”

When the room broke into soft laughter, the president added, “No — and I’m serious about that.”

Saying that “folks in Washington” like to get “all ginned up” about things that aren’t necessarily happening (“Look what’s comin’ down the pipe!”), Obama’s advice was simple: “Contact USDA.”. . .

Here’s a rundown of what happened when I started by calling USDA’s general hotline to inquire about information related to the effects of noise and dust pollution rules on Illinois farmers:

Wednesday, 2:40 p.m. ET: After calling the USDA’s main line, I am told to call the Illinois Department of Agriculture. Here, I am patched through to a man who is identified as being in charge of “support services.” I leave a message.

3:53 p.m.: The man calls me back and recommends in a voicemail message that I call the Illinois Farm Bureau — a non-governmental organization.

4:02 p.m.: A woman at the Illinois Farm Bureau connects me to someone in the organization’s government affairs department. That person tells me they “don’t quite know who to refer you to.”

4:06 p.m.: I call the Illinois Department of Agriculture again, letting the person I spoke with earlier know that calling the Illinois Farm Bureau had not been fruitful. He says “those are the kinds of groups that are kind of on top of this or kind of follow things like this. We deal with pesticide here in our bureau.”

“You only deal with pesticides?” I ask.

“We deal with other things. . . but we mainly deal with pesticides here,” he said, and gives me the phone number for the office of the department’s director, where he says there are “policy people” as well as the director’s staff.

4:10 p.m.: Someone at the director’s office transfers me to the agriculture products inspection department, where a woman says their branch deals with things like animal feed, seed and fertilizer.

“I’m going to transfer you to one of the guys at environmental programs.”

4:15 p.m.: I reach the answering machine at the environmental programs department, and leave a message.

4:57 p.m.: A man from the environmental programs department gets back to me: “I hate to be the regular state worker that’s always accused of passing the buck, but noise and dust regulation would be under our environmental protection agency, rather than the Agriculture Department,” he says, adding that he has forwarded my name and number to the agriculture adviser at IEPA.

On Thursday morning, POLITICO started the hunt for an answer again, this time calling the USDA’s local office in Henry County, Ill., where the town hall took place.

9:42 a.m.: Asked if someone at the office might be able to provide me with the information I requested, the woman on the phone responds, “Not right now. We may have to actually look that up — did you Google this or anything?”

When I say that I’m a reporter and would like to discuss my experience with someone who handles media relations there, I am referred to the USDA’s state office in Champaign. I leave a message there.

10:40 a.m.: A spokeswoman for the Illinois Natural Resources Conservation Service calls me, to whom I explain my multiple attempts on Wednesday and Thursday to retrieve the information I was looking for.

“What I can tell you is our particular agency does not deal with regulations,” she tells me. “We deal with volunteers who voluntarily want to do things. I think the reason you got that response from the Cambridge office is because in regard to noise and dust regulation, we don’t have anything to do with that.”

She adds that the EPA would be more capable of answering questions regarding regulations.

Finally, I call the USDA’s main media relations department, based here in Washington, where I explain to a spokesperson about my failed attempts to obtain an answer to the Illinois farmer’s question. This was their response, via email:

“Secretary Vilsack continues to work closely with members of the Cabinet to help them engage with the agricultural community to ensure that we are separating fact from fiction on regulations because the Administration is committed to providing greater certainty for farmers and ranchers. Because the question that was posed did not fall within USDA jurisdiction, it does not provide a fair representation of USDA’s robust efforts to get the right information to our producers throughout the country.”

So, still no answer to the farmer’s question.
 
Finally! Some positive economic news: car thefts are way down

Yeah, but the shits stole the gutters off of my office building this week. So much for the 50 year old copper. Wonder they didn't saw the doorknobs and hinges off too for the antique brass.


I'm putting vinyl gutter back up and painting it to look like copper.
 
I thought I was on IGGY

for SPEAKING THE TRUTH!

You are another who CANT HANDLE THE TRUTH:mad:

IM ANNOYED AT YOU:mad:
 
I thought I was on IGGY

for SPEAKING THE TRUTH!

You are another who CANT HANDLE THE TRUTH:mad:

IM ANNOYED AT YOU:mad:

I care?

No. But I'm clearing my iggy list except for the total fucktards and fuckwits.

You are one but not the other so you get a conditional reprieve.

You were on iggy for being annoying. I don't waste time reading most of your spew - 80% of it is witless raving and of the remaining 20% - perhaps 1 in 100 is worth a response.

Your annoyance or lack thereof, means nothing to me.
 
It shouldnt mean anything

Im still PISSED at you

I DONT LIKE

"PEOPLE" WHO CANT HANDLE REALITY!
 
Kan it, Klown, Kbate!

IGGY ME

YOU DONT DERSERVE TO READ ME!::

Once, years ago - you posted something intelligent. You did it without bold text, without the 'N' word. You once were capable of being readable and of thinking without a Copy and Paste from the whackiest of right-wing blogs.

In those days, you occasionally hit on truth - not often, not intentionally and not without difficulty - but you did it.

Now, all you do is shock radio and expect us to be as dumb as Howard Stern Fans.
 
Once, years ago - you posted something intelligent. You did it without bold text, without the 'N' word. You once were capable of being readable and of thinking without a Copy and Paste from the whackiest of right-wing blogs.

In those days, you occasionally hit on truth - not often, not intentionally and not without difficulty - but you did it.

Now, all you do is shock radio and expect us to be as dumb as Howard Stern Fans.

IGGY ME!:cool:
 
Once, years ago - you posted something intelligent. You did it without bold text, without the 'N' word. You once were capable of being readable and of thinking without a Copy and Paste from the whackiest of right-wing blogs.

In those days, you occasionally hit on truth - not often, not intentionally and not without difficulty - but you did it.

Now, all you do is shock radio and expect us to be as dumb as Howard Stern Fans.

You PATHETIC LOSER

You are being SHITTED on and worse, by the NIGGERS, white and black and YOU say

THANK YOU, CAN YOU DO IT AGAIN!!!!!!!!!!!!



And you are upset with me?

FUCK OFF!
 
Once, years ago - you posted something intelligent. You did it without bold text, without the 'N' word. You once were capable of being readable and of thinking without a Copy and Paste from the whackiest of right-wing blogs.

In those days, you occasionally hit on truth - not often, not intentionally and not without difficulty - but you did it.

Those must have been the days Hell was running out of Helly Hansen and North Face ski jackets in the stores.
 
Don’t Swallow the FED’s $16 Trillion Suicide Pill

I fear – now - it will be much worse than we even could have imagined: The Tidal Wave that was going to crush the ‘shoreline’ may actually submerge the Whole Mainland. Think of Atlantis, the mythic continent and its civilization, sinking beneath the waves. For us today it really is hard to imagine what it feels like when the money dies, the middle class is literally wiped out and violence between Neighbor and Neighbor becomes commonplace...

"In case you missed it, on July 21st 2011 the U.S. Government Accountability Office (GAO) released a 266 page partial audit of the Federal Reserve (FED).

"Here is the punch line: The Federal Reserve secretly kept the Phony-Fiat-Money-System afloat by "lending" out $16 Trillion Dollars to various corporations and banks, many of which were foreign, non-U.S. entities like The Bank of Scotland, UBS (Switzerland), Deutche Bank (Germany) and Societe Generale SA (France) between December 1, 2007 through July 21, 2010 (read this as: Created-Out-Of-Thin-Air and had refused to tell us). The details are on page 133 which you can read here.

"How big is $16 Trillion Dollars? Well, to get a basic idea please review this excellent presentation. Here are some other ways to try to get your head around this astounding number:

"The entire U.S. GDP is $14.8 Trillion Dollars. That is what everybody: you, me, everybody, including all Government spent in 2010.

"The entire U.S. Debt over the past 200 years is $14.5 Trillion Dollars. It used to take time to dig a whole this deep….no more!

"To think about it with a bit more personal impact let’s just pretend that you can carry a backpack with one million pounds in it. Now make that backpack 16 Million times more heavy!

"Still beyond the imagination? Try this: 16 Trillion inches equals a bit more than 250 Million miles. That would be 10,000 trips around the planet Earth, nearly 1400 trips to the Moon or nearly three trips to the Sun.

"But why should you care? After all, what is a few – even many – additional Trillion Dollars when the US has already admitted to counterfeiting so many Trillions by whacking on the ZERO Key of their Money-Creating-Computer like a drunken monkey on a piano?

"Well, for one thing, most Americans still have the quaint idea that we are supposed to know, or be able to find out, what our Governing Entities are up to. For many years the FED has gotten a free ride with the public a) not really knowing what the heck it is or does, and b) why we should even care. But as Dr. Gary North has brilliantly pointed out, here, those "Free Ride" days of Mass Stupification are over. The toothpaste of knowledge is out of the tube, and there is no way to put us all back to sleep. Heck, even Newt Gingrich at the Republican Presidential Debate in Ames, Iowa on August 11th 2011 called for the full Audit of the Fed!

"Audit the Fed has gone, or is quickly going, mainstream and Ron Paul is quite correct in pointing out that this deeply needed national conversation, for which he has been the lone voice in Washington DC for decades, is coming "Our Way" as he said in his speech at the Iowa Straw Poll last Saturday.

"The last full audit of the FED was completed under the Eisenhower Administration in 1953, almost sixty years ago. The last time anyone from the US Congress was allowed (because even Congress must seek permission) to just take a look-see at the Gold in Ft. Knox was in 1974 (read about that here). Even though the 2011 audit was not in the same depth that a complete audit would be this newly issued GAO Report is still a historic document the Main Stream Press should have put on every front page but, alas, has been totally ignored (OK, so I did find one Press Article of it in the Guatemala Times…here).

"Here is the big reason you should note, understand and tell others about this news item: it sends the most important signal yet as to how bad things are likely to become. Those of us who have been following this for some time and who understand Austrian Business Cycle Theory have been yelling from the roof tops that we are facing hyper-inflation, social disorder and greater political oppression.

"And that is just putting it, well, nicely. We were bracing for a Category 4 Hurricane and now we should brace for a Category 16 – if there was such a thing (please note that a Cat 5 is the highest measure used and is classified as "catastrophic").

"I fear – now - it will be much worse than we even could have imagined: The Tidal Wave that was going to crush the ‘shoreline’ may actually submerge the Whole Mainland. Think of Atlantis, the mythic continent and its civilization, sinking beneath the waves.

"For us today it really is hard to imagine what it feels like when the money dies, the middle class is literally wiped out and violence between Neighbor and Neighbor becomes commonplace. Everyone should buy and read Adam Ferguson’s book to understand how this can and does happen; read this book today.

"Man, it is depressing to see this coming and I know that most of us have the reaction to "look away." As I write this I feel the nausea that many of you may be feeling right now.

"But please do not look away.

"Tell others and do not sugarcoat it. Learn more. Listen to Lew Rockwell’s podcasts, subscribe to Mises Daily. Start a blog or a study group. If you don’t have time then send money to these fine organizations. In whatever way you can, please Stand Up For Freedom and Rally the Spread of Knowledge. You are not helpless unless you follow the FED’s lead and take the Suicide Pill of sticking your head in the sand."

http://www.lewrockwell.com/orig12/mckay-m2.1.1.html
 
You do realize how completely and utterly full of shit that article is right? Like the idea that it took us 200 years to rack up 14.5 Trillion in debt and it used to take time to do this is simple grade A bullshit.
 
Good time to go on vacation and hang out with all the rich fat cats, maybe get some joyrides on some corporate jets and yachts...
 
Larry Kudlow over at National Review on DEFLATION...

Amidst the financial flight-wave to safety, with stocks plunging, gold soaring, and Treasury bond rates collapsing — and all the European banking fears which go with that — there’s an important sub-theme developing: An almost-forgotten monetary indicator, M2, which is mostly cash, demand-deposit checking accounts, savings deposits, and retail money-market funds, has been soaring.

According to the St. Louis Fed, M2 is up 24.2 percent at an annual rate over the past two months. Almost out of the blue, that comes to a near $500 billion increase. In rough terms, the M2 explosion breaks down to $165 billion in demand deposits and $335 billion in savings deposits.

What’s going on here? There’s a flight to government-guaranteed accounts. Some people believe Europeans are withdrawing from their own banking system and parking their money in the U.S. banking system, guaranteed by Uncle Sam. Kelly Evans reports in her Wall Street Journal column of a $30 billion outflow from equity mutual funds that has probably gone into cash.

This is a very disconcerting development. Normally, big M2 growth would signal a faster economy, and maybe even higher inflation. But as economist Michael Darda points out, the velocity, or turnover, of money seems to be plunging.

“The recent pickup in broad money in the U.S. looks like a dash for risk-free cash assets,” writes Darda. He also notes that widening corporate-credit risk spreads and shrinking government-bond rates signal a recession risk, not a coming boom.

So contrary to monetarist theory, the M2 explosion seems more closely related to a deflation/recession risk. Economist-blogger Scott Grannis writes, “The recent growth of M2 surpasses even the explosive safe-haven demand for money that accompanied 9/11 and the financial crisis of late 2008. Something big is going on, and it can only be the financial panic that is sweeping Europe as money flees a banking system that is loaded to the gills with PIIGS debt.”

Grannis concludes, “In short, it looks like there is a run on the European banks and the U.S. banking system is the safe-haven of choice.”

;) :)
 
The private sector has now begun collating Obama’s public statements, the political significance of hyper-debt, the force of his new regulations, the constant talk of higher taxes, and the array of strange appointees.

On the one hand, our Atlases are productive, entrepreneurial people who appreciate the singularity of the American experiment and the opportunity to profit and thrive, even when coming out of a severe recession. Real opportunity, they know well, is often best found in crises, not just in continued prosperity.

But on the other hand, they are deeply worried that the rules of the game are changing for only the second time in American history and that they are unliked, targeted and to be punished for being successful. The result is not that the private sector is fleeing the U.S. (where would one go?). Nor are entrepreneurs and go-getters shutting down their businesses that they have built from the ground up.

Instead, what we are witnessing is a sort of shrug, a pause, best summarized millions of times over as something like “I’m hoarding cash, hunkering down, and am going to wait this bad bunch out.”

So the globe is tottering as the tired-of-it-all American Atlas has finally sorta shrugged.
Victor Davis Hanson
Pajamas Media
 
Hey O'FENDY, didya see?

Your BEST BUDDY.....

POON

was makimg fun of BACHMAN and her comment on gas prices

and I showed him BUSH did the same

then POON ran like a little girl.....

Sorta reminded ME of

jaun O'FENDY!:D
 
President Obama's cabal has had as much luck running a car company as they have had with the economy...

Is the Chevrolet Volt running out of juice? Even as the maker begins its long-promised production ramp-up, a new study suggests that potential buyers are rapidly losing interest in the plug-in hybrid vehicle.

Introduced last December, Volt is one of the first new vehicles to test the potential market for electric propulsion. It has been going head-to-head with Nissan’s pure battery-electric LEAF. Sales of the two vehicles have been marginal, at best, though the makers insist that has more to do with limited supply than buyer demand.

Through the end of July, Chevy has sold about 3,200 of the plug-in hybrids compared to 4,500 Nissan Leafs. But both makers have begun ramping up production, General Motors forecasting sales of around 16,000 for the year as a whole – including a small number of Volt clone Opel Amperas targeted at markets abroad.

But a new study by CNW marketing raises a red flag, finding that the potential buyers GM is most counting on are rapidly losing interest in the Volt. In March, 21% of so-called Early Adapters said they were “very likely” to consider buying a Volt, while 38.1% said they were “likely” to do the same. That slipped to 14.6% saying “very likely” in July, and 31.1% “likely.” Among EV Enthusiasts, reports the CNW study, the number of those likely or very likely to consider Volt fell from a combined 71% to 51% during the same four-month period.

“It’s way too early to tell, but the signs aren’t encouraging,” said CNW’s chief analyst Art Spinella.
When it comes to mainstream consumers Volt has all but slipped off the radar screen, only about 3% of new car buyers likely to consider the Chevrolet Volt, the analyst added.

The big problem is the plug-in’s price, CNW data indicate. When first introduced, the Volt carried a $41,000 sticker, though it qualified for a $7,500 federal tax credit. For 2012, the Chevy will drop to $39,995, a $1,005 cut, though it is still thousands more than the Leaf – and nearly double the price of a base Chevrolet Cruze compact, which shares the same underpinnings as Volt.
http://autos.yahoo.com/news/is-chevy-volt-running-out-of-juice-.html

No wonder he needs a vacation to "recharge his batteries..."
 
Status
Not open for further replies.
Back
Top