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Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this

 
Knowbody Special

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07/31/2013 06:15 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Wait... what?

You mean the government LIES?

I'm shocked. Stunned.

This cannot be.

Say it ain't so.

1doh1
Anonymous Coward
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07/31/2013 06:15 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


I bet Coke-a-Cola will make sure soda will be ok with SNAP.
Anonymous Coward
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07/31/2013 06:15 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Exactly. They can't even "lie" it good so they have to rework the nums and redefine the terms. Then, shazzam! 0beyme saved us! Yipeeeee.

You can't even find the real unemployment rate at BLS by searching unemployment rate. You have to search LABOR UNDERUTILIZATION RATE. Then, you'll see we really have a nearly 15% UE rate.

They define GDP is also totally fucked up. They add government's spending in the total product but do NOT discount (subtract) what the government takes OUT of the economy in taxes. So the whole GDP number is bullshit!

There is NO TRUTH to anything we hear out of government - NONE! You cannot believe a god damned thing.
 Quoting: Anonymous Coward 44379707


ohappy...LIAR! LIAR!

anger...OUR COUNTRY'S ON FIRE!
Anonymous Coward (OP)
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07/31/2013 06:17 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Reality is, the US Economy never recovered from '08 and is in fact much worse than most of us can imagine.
 Quoting: RtrnofAmJedi


yup the dow is really at 1500, everything else is fake, just numbers on the computer screen! a false image unto the beast!
Renegade (Me too)

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07/31/2013 06:18 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


I haven't heard this. Any links?
Who is John Galt?
Anonymous Coward (OP)
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07/31/2013 06:18 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Wait... what?

You mean the government LIES?

I'm shocked. Stunned.

This cannot be.

Say it ain't so.

1doh1
 Quoting: Knowbody Special


No this thread is just a joke. Everything will be fine... Just keep watching Tv. the government will take care of everything...

No worries mate


devil6
RtrnofAmJedi

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07/31/2013 06:19 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this


My point is, add some flash and a soundtrack and you can sell anything. Look at this jive ass flick!
(GLP aka American Jedi)

Listen here you beautiful bitch, I'm about to fuck you up with some truth.
Kenny Powers

If you steal the dreams of others long enough, sooner or later you'll end up in a nightmare.
American Jedi

Intellectuals solve problems, geniuses prevent them.
Albert Einstein

Satis Eloquentiae, Sapientiae Parum....

"The last of the old?"

"No, the first of the new."
R.P. McMurphy
I'm a goddamn marvel of modern science

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07/31/2013 06:19 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Reality is, the US Economy never recovered from '08 and is in fact much worse than most of us can imagine.
 Quoting: RtrnofAmJedi


IT's really not that complicated. No matter how bad it was, or is, by getting out of the way of small business, and creating a business friendly climate, you create jobs. Those jobs create wealth, and that wealth helps stabilize the economy.

IT's like when you're fighting with your wife over silliest little things....because you're both stressed out because there's no money! Then a check comes in and suddenly the fighting stops.

People need jobs.
Liberal Logic - Demanding that the government stay out of their bedrooms while insisting on taxpayer funded birth control.
Anonymous Coward (OP)
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07/31/2013 06:20 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


Wait 'til the welfare recipients and the SNAP moochers find out that things on Food stamps are going to be changed drastically. No sodas, no ice cream, cakes, snacks, etc... It's all going to go towards buying fresh/frozen fruits and vegetables, milk, dairy, eggs, and meats. No sweets or junk food. I can't wait for next yr when this goes into effect. lol. The boons are gonna rise hell. Thanks Obama.
 Quoting: hawk8414


I haven't heard this. Any links?
 Quoting: Renegade (Me too)


Daniel 8 not sure of the verse: and he shall take away their daily sacrifice!
Anonymous Coward (OP)
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07/31/2013 06:21 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Reality is, the US Economy never recovered from '08 and is in fact much worse than most of us can imagine.
 Quoting: RtrnofAmJedi


IT's really not that complicated. No matter how bad it was, or is, by getting out of the way of small business, and creating a business friendly climate, you create jobs. Those jobs create wealth, and that wealth helps stabilize the economy.

IT's like when you're fighting with your wife over silliest little things....because you're both stressed out because there's no money! Then a check comes in and suddenly the fighting stops.

People need jobs.
 Quoting: R.P. McMurphy


yes but that's not the goal here, the goal is to collapse the middle class and bring in marxism!
Anonymous Coward
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07/31/2013 06:26 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Bernanke has been creating over 21,000-million cyber dollars per week ($85B per month) for as long as I can remember. These dollars aren't worth the paper they're not even printed on and they're using them to buy toxic mortgages (bailout banks, etc).

He mentioned in one statement that the free money injections would have to slow down at some point and the DOW dropped something like 250 points in one day.

Now, if that doesn't set of the ALARMs in everyone's head that our entire economy is in a bubble right now and that the only thing that is holding it up is the free money express freight train, then you're not paying attention.

Bubbles burst. It' what they do at the end of their life. They pop.

If you have money in some "account" somewhere, you need to understand that it's only an "idea." It's not real and you will probably never see it again. It already happened at MF Global and in Cyprus. If you think you will have you retirement pension DB plan to live on, you are a fool.

We have $120 trillion in unfunded mandates. There isn't enough money in the fucking universe to make good on all that. If you think you're owed and that the debt will be repaid to you, you are an idiot.
Anonymous Coward
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07/31/2013 06:27 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


We made them a deal they can't refuse.... Literally.
Anonymous Coward (OP)
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07/31/2013 06:28 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Bernanke has been creating over 21,000-million cyber dollars per week ($85B per month) for as long as I can remember. These dollars aren't worth the paper they're not even printed on and they're using them to buy toxic mortgages (bailout banks, etc).

He mentioned in one statement that the free money injections would have to slow down at some point and the DOW dropped something like 250 points in one day.

Now, if that doesn't set of the ALARMs in everyone's head that our entire economy is in a bubble right now and that the only thing that is holding it up is the free money express freight train, then you're not paying attention.

Bubbles burst. It' what they do at the end of their life. They pop.

If you have money in some "account" somewhere, you need to understand that it's only an "idea." It's not real and you will probably never see it again. It already happened at MF Global and in Cyprus. If you think you will have you retirement pension DB plan to live on, you are a fool.

We have $120 trillion in unfunded mandates. There isn't enough money in the fucking universe to make good on all that. If you think you're owed and that the debt will be repaid to you, you are an idiot.
 Quoting: Anonymous Coward 44379707


I guess we know what the Book of Daniel was talking about when he said the Abomination of desolation would rob the treasury and destroy the wealth of many!
Anonymous Coward (OP)
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07/31/2013 06:29 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


We made them a deal they can't refuse.... Literally.
 Quoting: Anonymous Coward 40199516


I hear ya... but russia and china are going to have something to say about this!
Anonymous Coward
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07/31/2013 06:32 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
only a total idiot would believe anything Obama says.....
Anonymous Coward (OP)
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07/31/2013 06:33 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
only a total idiot would believe anything Obama says.....
 Quoting: Anonymous Coward 1531425


sad thing about idiots, there are lots of them in this world!
my name is 905

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07/31/2013 06:34 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
America is one of the world's largest oil producers, and close to 40 percent of U.S. oil needs are met at home. Most of the imports currently come from five countries: Canada, Saudi Arabia, Mexico, Venezuela and Nigeria.

US only gets 15% of its oil from canada!++


source

[link to www.npr.org]
 Quoting: Anonymous Coward 44377051


The energy crisis of the 70's was caused by a less than 5% disruption in supply.
Hard Eight

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07/31/2013 06:40 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


It's a racket and the REAL reason Keystone is on hold.
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Hard Eight

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07/31/2013 06:42 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Team Obama is reporting that the numbers would be much better if it weren't for government austerity measures? WTF... Austerity aren't we spending 500 billion every 2 weeks that we don't even have?
 Quoting: Anonymous Coward 44377051


SNAP reductions starting Nov.
 Quoting: Anonymous Coward 44305466


and he shall take away their daily sacrifice....


wow more prophecy coming true!

 Quoting: Anonymous Coward 44377051


Crack & Ripple?
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Hard Eight

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07/31/2013 06:56 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Reality is, the US Economy never recovered from '08 and is in fact much worse than most of us can imagine.
 Quoting: RtrnofAmJedi


IT's really not that complicated. No matter how bad it was, or is, by getting out of the way of small business, and creating a business friendly climate, you create jobs. Those jobs create wealth, and that wealth helps stabilize the economy.

The Administration put out a report a few days ago that Obamacare DID NOT have a negative effect on employment and job creation. HA
IT's like when you're fighting with your wife over silliest little things....because you're both stressed out because there's no money! Then a check comes in and suddenly the fighting stops.

People need jobs.
 Quoting: R.P. McMurphy


Sry my reply went into your quote.

Last Edited by Hard Eight on 07/31/2013 06:59 PM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
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07/31/2013 07:15 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
If you saved your whole life to get enough retirement money to live on in old age....

the inflation rate has wiped you out. Hasta la vista baby.
 Quoting: Mr. Toppit


Inflation is created by govt as a stealth tax.
Inflation cannot occur without manipulation of the money supply by govt.
Inflation is no accident, its created intentionally to rob the many for the benefit of the few.
Useless Cookie Eater

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07/31/2013 07:31 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


The word is ACCEPT....not EXCEPT.


That said....they accept our currency for oil because it was a signed a deal during the Nixon administration.
The company is called ARAMCO and was part of what made up Standard Oil and it's many components MANY years before Nixon.
It gave the USA cheap "petro-dollars" in a deal with the Saudis. (aka....cheap money)

It's also part of the reason why Nixon took the USA off the Gold Standard.

Oil, God, and Gold: The Story of Aramco and the Saudi Kings
[link to www.amazon.com]

Last Edited by Useless Cookie Eater on 07/31/2013 07:31 PM
Anonymous Coward (OP)
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07/31/2013 07:32 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


The word is ACCEPT....not EXCEPT.


That said....they accept our currency for oil because it was a signed a deal during the Nixon administration.
The company is called ARAMCO and was part of what made up Standard Oil and it's many components MANY years before Nixon.
It gave the USA cheap "petro-dollars" in a deal with the Saudis. (aka....cheap money)

It's also part of the reason why Nixon took the USA off the Gold Standard.

Oil, God, and Gold: The Story of Aramco and the Saudi Kings
[link to www.amazon.com]
 Quoting: Useless Cookie Eater


sorry I havent been to bed in three days... been right a new web site for my business... cannot even see let alone think
Anonymous Coward
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07/31/2013 07:39 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
You can not believe a word these people say. Everything they do and everything they say or "leak" to the media is propaganda.

Example: This morning I hear on the news how the economy is chugging along (which was the exact phrase used) but yesterday I heard unemployment was up in 365 of the largest American cities.

That means the economy is not "chugging along" by rather merely holding it's own.

Just like how all those scandals the obama administration is embroiled in are just "made-up" by hillery clinton's "vast right-wing conspiracy".

What these people do best is lie and deceive.
 Quoting: R.P. McMurphy


Reality is, the US Economy never recovered from '08 and is in fact much worse than most of us can imagine.
 Quoting: RtrnofAmJedi


IT's really not that complicated. No matter how bad it was, or is, by getting out of the way of small business, and creating a business friendly climate, you create jobs. Those jobs create wealth, and that wealth helps stabilize the economy.

IT's like when you're fighting with your wife over silliest little things....because you're both stressed out because there's no money! Then a check comes in and suddenly the fighting stops.

People need jobs.
 Quoting: R.P. McMurphy


I usually agree with everything you say and I don't disagree with this, necessarily, but people have to WANT to be productive, firs. A job is meaningless absent productivity and that takes a new ATTITUDE. I don't see many Americans priding themselves on their productivity like we did during and after WW-2 for instance.

Now, all I hear is shit like "Double the minimum wage" and "We have to have a living wage" and "I have to have at least $35K per year just to meet my expenses."

Yeah, well fuck their expenses. I couldn't care less what they spend. The only thing they need to be concerned with is how much they're capable of producing in excess of said wage.
Anonymous Coward
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07/31/2013 08:03 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
The government's main financials propaganda machine is Bloomberg. The bullshit coming out of there is non-stop.
s. d. butler

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07/31/2013 08:13 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051


The word is ACCEPT....not EXCEPT.


That said....they accept our currency for oil because it was a signed a deal during the Nixon administration.
The company is called ARAMCO and was part of what made up Standard Oil and it's many components MANY years before Nixon.
It gave the USA cheap "petro-dollars" in a deal with the Saudis. (aka....cheap money)

It's also part of the reason why Nixon took the USA off the Gold Standard.

Oil, God, and Gold: The Story of Aramco and the Saudi Kings
[link to www.amazon.com]
 Quoting: Useless Cookie Eater


The petro dollar, the real reason for the wars.
Tensor

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07/31/2013 08:34 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
If you saved your whole life to get enough retirement money to live on in old age....

the inflation rate has wiped you out. Hasta la vista baby.
 Quoting: Mr. Toppit


[link to youtu.be]
Everything under the Sun is in tune,
but the Sun is eclipsed by the Moon.
Anonymous Coward
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07/31/2013 09:06 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
Hey IDIOT... The USA gets 85% of its oil from - Guess who?

Canada!!! not the fucking Arabs. Why do you think that the traitor in chief does not want the oil sands agreement to be instituted? eh???? (sarcasm)

Fuck people! No the FUCK what you are talking about before spouting off!

I just cannot even believe Arabs are stupid enough to except our currency for oil?
 Quoting: Anonymous Coward 44377051

 Quoting: Anonymous Coward 14291695


sorry then, Canada is stupid for excepting the US dollar for Oil!
 Quoting: Anonymous Coward 44377051


all oil can only be purchased in DOLLARS, KNOW YOU SHIT. welcome to the reason we can do what we are doing and get away with it. liybia, iran, syria, iraq, norht korea, all wanted to not be slaves to the banks and the US dollars so the goverment sent in the army to teach them the debt with the IMF is the only way
PrblyInsane

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07/31/2013 09:07 PM
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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I'm an average guy. Don't know much about the GDP. How do we know he's lying? If I can get some proof, some formula for me to work out and figure out, I'd be grateful.
"Getting a message out is nothing. Getting you to believe me is everything."
Useless Cookie Eater

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07/31/2013 09:11 PM

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Re: Obama economist report a 1.7 % GDP growth when actual number is -6.7% and get this
I'm an average guy. Don't know much about the GDP. How do we know he's lying? If I can get some proof, some formula for me to work out and figure out, I'd be grateful.
 Quoting: PrblyInsane


All the numbers are manipulated.

Using the government numbers and government math from the Bush era....unemployment would be at 11.3%.
...and that would be a GOVERNMENT number...not the real number.


olies

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