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04-30-2014, 10:36 AM
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Persona non grata
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Join Date: Oct 2013
Posts: 12,654
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Quote:
Originally Posted by Pio1980
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.
Sent from my SCH-I605 using Tapatalk
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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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"The enemy of my enemy is my friend."
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04-30-2014, 11:09 AM
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Senior Member
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Join Date: Nov 2009
Location: Sonoma County, CA
Posts: 20,496
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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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Smoke me a kipper. I'll be back for breakfast.
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04-30-2014, 11:48 AM
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Jigsawed
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Join Date: May 2009
Posts: 10,580
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Quote:
Originally Posted by Boreas
Also, the article just tosses around a bunch of numbers. It doesn't address the nature of the regulations at all.
John
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Its is what I call an "headline article".
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04-30-2014, 02:55 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,237
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Quote:
Originally Posted by Dondilion
Its is what I call an "headline article".
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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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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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04-30-2014, 04:08 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by bobabode
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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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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04-30-2014, 04:33 PM
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Admin
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Join Date: Dec 2011
Location: Behind the Orange Curtain in California
Posts: 37,237
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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.
__________________
I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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04-30-2014, 11:49 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Quote:
Originally Posted by Boreas
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.
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You can take that up with the folks at "The Hill".
Quote:
Originally Posted by Boreas
Also, the article just tosses around a bunch of numbers. It doesn't address the nature of the regulations at all.
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Yeah, I guess "a bunch of numbers" might be hard for some to follow.
Quote:
Originally Posted by Boreas
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.
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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
As usual, the link you offer doesn't support your point.
John
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As usual, you're attempting to be a self-appointed arbiter of appropriate posting content. Have fun with that.
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04-30-2014, 11:56 AM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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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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04-30-2014, 12:54 PM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Shit whell are you aiming for post whore of the year or what.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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04-30-2014, 01:56 PM
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Banned
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Join Date: Jan 2014
Posts: 4,454
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Quote:
Originally Posted by merrylander
Shit whell are you aiming for post whore of the year or what.
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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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