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

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Obama and his NIGGER CARE are fucking things up


Beige Book Mediocrity Dominates 'Obamacare-Restrained' Moderate Growth


Another Beige Book comes and goes providing little real color as to anything useful about the real world. The excessive use of words synonymous with 'mediocre' appears to be the best we can do (on a $1 trillion deficit?) - but of course, the Dow is still near all-time highs...
*FED SAYS ECONOMY GREW AT 'MODEST TO MODERATE PACE' IN FEBRUARY
*FED SAYS 'MANUFACTURING MODESTLY IMPROVED IN MOST REGIONS'
*FED SAYS SEVERAL DISTRICTS REPORTED 'RESTRAINED HIRING'
*FED SAYS MOST DISTRICTS SAW MODEST PRESSURES ON PRICES
*FED SAYS 'WAGE PRESSURES WERE MOSTLY LIMITED'
.
Of course, the spin will be, at least it's not bad... the S&P is 3 points off the highs, BTFD. Perhaps of most note, though: "Many District contacts commented on the expired payroll tax holiday and the Affordable Care Act as having restrained sales growth."






...and as Steve Liesman noted:





Second Beige Book in a row where businesses complain that Affordable Care Act is costing the country jobs

— steve liesman (@steveliesman) March 6, 2013
 
But Johnny, STFU , Im A BRACKET OLOGIST, SAV AGE says

Let em all do SUBWAY
 
I could lose 80%, give you 2% of what's left and you'd be the smartest girl on your block. :D

Thing is, you already lost 100% from the starting gate, can't give even 5% of what's left and what there is, the racist shitstain will be nursing the dry milk from the grey hairy tit of what's the stupidest pressed oldest motherfucker in the neighborhood.

Baby, don't even try to hang. Because you was already hung and not in that good way that you had to proffer with a can of corn to prove way back when your gun had anything left in your empty chambers to shoot. In them jungles with them peoples what langwidge you couldn't decipher. What, what?

Watchu got left over? Show me.

http://media.tumblr.com/9581e01c0e50c17411e5acc032ed13ac/tumblr_inline_mj6eucsmcj1qa6g1m.gif
 
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So how can over 873,000 people come off the unemployment rolls when there were only a little over 114,000 jobs created? Below is a transcript of a conversation between two eminent economists discussing this very question!


COSTELLO: I want to talk about the unemployment rate in America.

ABBOTT: Good Subject. Terrible Times. It's 7.8%.

COSTELLO: That many people are out of work?

ABBOTT: No, that's 14.7%.

COSTELLO: You just said 7.8%.

ABBOTT: 7.8% Unemployed.

COSTELLO: Right 7.8% out of work.

ABBOTT: No, that's 14.7%.

COSTELLO: Okay, so it's 14.7% unemployed.

ABBOTT: No, that's 7.8%.

COSTELLO: WAIT A MINUTE. Is it 7.8% or 14.7%?

ABBOTT: 7.8% are unemployed. 14.7% are out of work.

COSTELLO: If you are out of work you are unemployed.

ABBOTT: No, Congress said you can't count the "Out of Work" as the unemployed.

You have to look for work to be unemployed.

COSTELLO: BUT THEY ARE OUT OF WORK!!!

ABBOTT: No, you miss his point.

COSTELLO: What point?

ABBOTT: Someone who doesn't look for work can't be counted with those who look for work. It wouldn't be fair.

COSTELLO: To whom?

ABBOTT: The unemployed.

COSTELLO: But ALL of them are out of work.

ABBOTT: No, the unemployed are actively looking for work. Those who are out of work gave up looking and if you give up, you are no longer in the ranks of the unemployed.

COSTELLO: So if you're off the unemployment roles that would count as less unemployment?

ABBOTT: Unemployment would go down. Absolutely!

COSTELLO: The unemployment just goes down because you don't look for work?

ABBOTT: Absolutely it goes down. That's how they get it to 7.8%. Otherwise it would be 14.7%. Our govt. doesn't want you to read about 14.7% unemployment.



COSTELLO: That would be tough on those running for reelection.



ABBOTT: Absolutely.



COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number?

ABBOTT: Two ways is correct.

COSTELLO: Unemployment can go down if someone gets a job?

ABBOTT: Correct.

COSTELLO: And unemployment can also go down if you stop looking for a job?

ABBOTT: Bingo.

COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to have people stop looking for work.

ABBOTT: Now you're thinking like an Economist.

COSTELLO: I don't even know what the hell I just said!

ABBOTT: Now you're thinking like Congress.
 
IrezumiKiss
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You mad, BRO?


You like that.....a nice WHITE guy, calling YOU, a PUTRID NIGGER, Bro

Sorta kinda cute


No, BRO?

Tee Hee:D
 
Cancelling White House Tours Saves Less than Cost of One of Obama’s Vacations



It appears that the amount of money saved by cancelling public tours of the White House is roughly equal to, if not dramatically less than, the cost of one of President Obama’s vacations.

NBC News reported Thursday that halting tours of the White House, a measure the Obama administration has blamed on the spending reductions mandated by sequestration, would save about $74,000 per week, or nearly $2 million over the remainder of the fiscal year.

Those savings are roughly half the cost of Obama’s Christmas vacation to Hawaii last year, which was thoroughly documented by the watchdog website Hawaii Reporter. They estimated the total cost of that trip was “at least $4 million,” although the true cost could be nearly five times that much.

The president is reportedly planning a jaunt to Martha’s Vineyard in August, a repeat of a trip he made in 2011, when he spent eleven days at a $50,000-per-week beachfront rental property. US News & World Report pegged the cost of that trip to taxpayers as being in the “millions.”

Last week, Senate Jeff Sessions (R., Ala.) estimated that Obama’s recent golf outing with Tiger Woods cost taxpayers “over a million dollars,” which was “enough money to save 341 federal workers from furlough.”

The White House has repeatedly insisted that cancelling the tours (beginning March 9) was unavoidable as the administration seeks to implement mandatory budget cuts. “We very much regret having to take this action, particularly during the popular Spring touring season,” the White House said in an e-mail to congressional staff earlier this week.

When asked about a group of Iowa sixth-grader petitioning the White House to reverse its decision, press secretary Jay Carney told reporters it was “extremely unfortunate” that administration was compelled to cancel the tours. The group was scheduled to tour the White House on March 16.

The Office of Management and Budget has calculated that the administration must implement a 5 percent reduction to the $16 million budget authority for the Executive Residence at the White House, the operating expenses of which include providing for “the public appreciation of and pride in the White House, its history, and display of its contents to annual visitors.” This portion of the federal budget is also responsible, according to the White House, for the “official entertainment expenses of the President.”

No word yet on how much those expenses will be cut due to sequestration.
 
Report: Oil production on federal lands falls, again


America’s domestic oil-and-gas production is going bananas, and it’s largely thanks to advances in technology and expanded drilling on private and state-owned lands.

President Obama, however, is pretty fond of implying that the credit for the oil-and-gas industry going gangbusters belongs mostly to his policies. For much of 2012, he deliberately misused statistics that made it sound like “oil production is the highest it’s been in eight years” and “we’re importing less and less oil” was all him, and as recently as his last State of the Union he was insisting that “my administration will keep cutting red tape and speeding up new oil and gas permits… In fact, much of our newfound energy is drawn from lands and waters that we, the public, own together.”

No. A thousand times, no.

Via the Daily Caller:


A report by the Congressional Research Service shows that oil production on federal lands took another dip in 2012, while overall U.S. oil production has exploded due to increased production on private and state lands.

“All of the increased production from FY2007 to FY2012 took place on non-federal lands, causing the federal share of total U.S. crude oil production to fall by about seven percentage points,” according to the report. “Overall, U.S. natural gas production rose by four trillion cubic feet (tcf) or 20% since 2007, while production on federal lands (onshore and offshore) fell by about 33% and production on non-federal lands grew by 40%.”

Since President Obama took office, oil and natural gas production on private and state lands has increased. In 2009, non-federal lands produced 3,487,800 barrels of oil per day which grew to 4,580,800 barrels per day last year. Non-federal lands produced 16,233 billion cubic feet of natural gas in 2009 and expanded to 20,242 billion cubic feet in 2012.

It was a good effort to spin the facts, but you just got called out. Tough break.


“Where the states have been in charge, we have seen energy development boom in a safe and responsible way, but under federal control we have seen a sharp decline in production. A web of red tape and a backlog of delayed permits are blocking important energy production opportunities on federal lands,” Rep. Ed Whitfield (R-Ky.), who chairs the House Energy and Commerce Subcommittee on Energy and Power, said in a Tuesday statement.
 
Hey NIGGER KUZ, where you be at, BRO

We miss you, DOG!


Tee Hee:D


You PUTRID NIGGER.....STFU!:mad:
 
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Remove user from ignore listRobDownSouth
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STFU, NIGGER POOP:)
 
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