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  #1  
Old 04-30-2014, 10:36 AM
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Tom Joad Tom Joad is offline
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Quote:
Originally Posted by Pio1980 View Post
Yep, we can trust the bankers, fuck oversight. Here is but just one of a myriad of examples where deregulated private enterprise has miserably failed everyone but themselves. A strong central gvmt is the only defense against this sort of overwhelming financial abuse as self regulation is a tragic joke.

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I absolutely agree.

The only kind of freedom you get from limited government is the freedom of the rich and powerful to fuck everybody else in the ass.
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  #2  
Old 04-30-2014, 11:09 AM
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First off, whell, 13,000 regs versus 12,400 is an increase of 4.6%, hardly a "spike". Plus, of all these regulations, only 330 were considered "major", up from 266 under Bush.

Also, the article just tosses around a bunch of numbers. It doesn't address the nature of the regulations at all.

Finally, the report cited in the article is from the Heritage Foundation, a Libertarian "think tank" with a long history of issuing misleading reports in the service of their extreme agenda.

As usual, the link you offer doesn't support your point.

John
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  #3  
Old 04-30-2014, 11:48 AM
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Dondilion Dondilion is offline
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Originally Posted by Boreas View Post

Also, the article just tosses around a bunch of numbers. It doesn't address the nature of the regulations at all.


John
Its is what I call an "headline article".
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  #4  
Old 04-30-2014, 02:55 PM
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bobabode bobabode is offline
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Originally Posted by Dondilion View Post
Its is what I call an "headline article".
Ayup.



I'll take the lefty LA Times over the Wall St Urinal any day of the week Mike.
http://www.latimes.com/business/la-fiw-wall-street-20140430,0,2955973.story#axzz30OuB2ixG

I guess the shitty winter was all Obama's fault. They must've been seeding the clouds or some such nonsense...

"THE ECONOMY: The U.S. economy slowed in the first three months of the year as winter storms chilled business activity. The sharp slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer temperatures. The Commerce Department says growth slowed to a barely discernible 0.1 percent annual rate in the January-March quarter, the weakest since the end of 2012 and down from a 2.6 percent growth rate in the October-December quarter. Economists had forecast growth of 1.1 percent, according to FactSet."
LATimes
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  #5  
Old 04-30-2014, 04:08 PM
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whell whell is offline
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Originally Posted by bobabode View Post
Ayup.



I'll take the lefty LA Times over the Wall St Urinal any day of the week Mike.
http://www.latimes.com/business/la-fiw-wall-street-20140430,0,2955973.story#axzz30OuB2ixG

I guess the shitty winter was all Obama's fault. They must've been seeding the clouds or some such nonsense...

"THE ECONOMY: The U.S. economy slowed in the first three months of the year as winter storms chilled business activity. The sharp slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer temperatures. The Commerce Department says growth slowed to a barely discernible 0.1 percent annual rate in the January-March quarter, the weakest since the end of 2012 and down from a 2.6 percent growth rate in the October-December quarter. Economists had forecast growth of 1.1 percent, according to FactSet."
LATimes
Well, as usual, the LA (Behind the) Times got it half right.

The U.S. economy slowed dramatically in the first quarter of 2014, as severe winter weather across much of the country depressed business investment and home construction.

The economy’s meager 0.1% GDP growth in January, February and March represented the slowest three-month growth in the economy since the end of 2012, and a sharp deceleration from growth in the second half of 2013, when the economy grew at a 3.4% rate.

The data reported by the Commerce Department early Wednesday fell far short of the expectations of Wall Street economists, who had predicted a 1.2 percent rate of growth this quarter, the New York Times reports.


So economists were already expecting the data to be crappy because of the weather, but it was even crappier than they expected.

http://time.com/82434/gdp-economy-first-quarter-2014/

http://www.nytimes.com/2014/05/01/bu...r.html?hp&_r=0
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  #6  
Old 04-30-2014, 04:33 PM
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bobabode bobabode is offline
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You need to get your prescription checked bro. Oh, that's right...you can't see past quarterly reports.
Not that it's anything to crow about but the Dow went into uncharted territory today.
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  #7  
Old 04-30-2014, 11:49 AM
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whell whell is offline
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Quote:
Originally Posted by Boreas View Post
First off, whell, 13,000 regs versus 12,400 is an increase of 4.6%, hardly a "spike". Plus, of all these regulations, only 330 were considered "major", up from 266 under Bush.
You can take that up with the folks at "The Hill".

Quote:
Originally Posted by Boreas View Post
Also, the article just tosses around a bunch of numbers. It doesn't address the nature of the regulations at all.
Yeah, I guess "a bunch of numbers" might be hard for some to follow.

Quote:
Originally Posted by Boreas View Post
Finally, the report cited in the article is from the Heritage Foundation, a Libertarian "think tank" with a long history of issuing misleading reports in the service of their extreme agenda.
Right, 'cuz we just can't allow information from such "approved" sources as Media Matters or Mother Jones to sneak in here unchallenged.

Quote:
Originally Posted by Boreas View Post
As usual, the link you offer doesn't support your point.

John
As usual, you're attempting to be a self-appointed arbiter of appropriate posting content. Have fun with that.
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  #8  
Old 04-30-2014, 11:56 AM
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whell whell is offline
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Here's another commentary on the state of the economy from another "wild-eyed, rabid, right wing rag":

http://online.wsj.com/news/articles/...969885426.html

Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a seasonally adjusted annual rate of 0.1% in the first quarter, the Commerce Department said Wednesday. That matched the second-weakest quarterly reading of the nearly five-year-old economic recovery.

Economists surveyed by The Wall Street Journal had forecast growth at a 1.1% pace for the quarter.


The latest numbers continue a familiar pattern. The nation's economic recovery, which started in mid-2009, has been marked as much for its choppiness as its slow pace.
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  #9  
Old 04-30-2014, 12:54 PM
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merrylander merrylander is offline
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Shit whell are you aiming for post whore of the year or what.
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  #10  
Old 04-30-2014, 01:56 PM
4-2-7 4-2-7 is offline
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Shit whell are you aiming for post whore of the year or what.
Speaking of post whores, you have one year over Whell but have 11,000 more!!!

Last edited by 4-2-7; 04-30-2014 at 02:00 PM.
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