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CNN Breaking News
DrafterX Offline
#1 Posted:
Joined: 10-18-2005
Posts: 98,582
Fed says job market has improved, consumer spending is up and inflation is under control, despite rise in oil prices.....


Think
z6joker9 Offline
#2 Posted:
Joined: 10-18-2011
Posts: 5,902
Sounds right... more demand, no?
daveincincy Offline
#3 Posted:
Joined: 08-11-2006
Posts: 20,033
Obama's approval ratings take another downturn. This news comes out. Coincidence? Anxious
ZRX1200 Offline
#4 Posted:
Joined: 07-08-2007
Posts: 60,661
Usage of gas has actually been down.

So supply and demand not so much as inflation and fiat currency.

Barry's numbers are down so it's spin the plates time at MSM.
rfenst Offline
#5 Posted:
Joined: 06-23-2007
Posts: 39,424
Today's Rasmussen Reports:

"In a hypothetical general election matchup, Mitt Romney and President Obama are tied at 45% apiece. If Rick Santorum is the GOP nominee, the president leads by five, 47% to 42%."
ZRX1200 Offline
#6 Posted:
Joined: 07-08-2007
Posts: 60,661
Yeah tied.


And last week he was "up" 5 points.
DrMaddVibe Offline
#7 Posted:
Joined: 10-21-2000
Posts: 55,554
DrafterX wrote:
Fed says job market has improved, consumer spending is up and inflation is under control, despite rise in oil prices.....


Think



The Fed?

http://tammybruce.com/2012/03/are-we-better-off-than-we-were-4-years-ago-uh-no.html?utm_source=twitterfeed&utm_medium=twitter
ZRX1200 Offline
#8 Posted:
Joined: 07-08-2007
Posts: 60,661
http://www.weeklystandard.com/blogs/shocking-photo-obama-administration-doesnt-want-you-see_633841.html?utm_source=twitterfeed&utm_medium=twitter
daveincincy Offline
#9 Posted:
Joined: 08-11-2006
Posts: 20,033
ZRX1200 wrote:
http://www.weeklystandard.com/blogs/shocking-photo-obama-administration-doesnt-want-you-see_633841.html?utm_source=twitterfeed&utm_medium=twitter


Is that sign real? Looks like it's floating on air and a little close to the road. :shrug:
z6joker9 Offline
#10 Posted:
Joined: 10-18-2011
Posts: 5,902
It does look fake. But there are probably some laws against tall signs around the capital. I'm guessing.
DrafterX Offline
#11 Posted:
Joined: 10-18-2005
Posts: 98,582
z6joker9 wrote:
It does look fake. But there are probably some laws against tall signs around the capital. I'm guessing.



that is true.... no uncovered street lights and stuff either... somethig called light pollution.. Mellow
dubleuhb Offline
#12 Posted:
Joined: 03-20-2011
Posts: 11,350
z6joker9 wrote:
Sounds right... more demand, no?

Demand in my area is way down, it's what I do. We haven't worked full days in a month, good thing I have a contract that pays me 10 hours regardless of working 6 or 8. We usually work 4/12 hour days a week or more.
z6joker9 Offline
#13 Posted:
Joined: 10-18-2011
Posts: 5,902
I'm saying that if the job market is better (more people going to work), consumer spending is up (more people shopping), and inflation is under control, then it would make sense for gas prices to rise simply from that increase in demand over the same reference point of time.
smokestaxx Offline
#14 Posted:
Joined: 01-27-2012
Posts: 4,214
z6joker9 wrote:
Sounds right... more demand, no?

I'm sure theres been a higher demand on those dorky prius's after this week with gas how it is... ;)
dubleuhb Offline
#15 Posted:
Joined: 03-20-2011
Posts: 11,350
No increase in demand, the gallons going out are down, meaning people aren't driving as much. The job market report is nothing more than a shell game with numbers.

Prius's are Ghey
rfenst Offline
#16 Posted:
Joined: 06-23-2007
Posts: 39,424
z6joker9 wrote:
I'm saying that if the job market is better (more people going to work), consumer spending is up (more people shopping), and inflation is under control, then it would make sense for gas prices to rise simply from that increase in demand over the same reference point of time.



Recent spike in oil prices was due to concern over Iran and Syria. The spike lead to current gas price increase. So too has slowly coming out of recession. Obama's change ratings are influenced by gas price increase, among other things such as all the R primaries and all the face time R's are getting.
ZRX1200 Offline
#17 Posted:
Joined: 07-08-2007
Posts: 60,661
Nothing to do with his actions for sure........


All hail!
dubleuhb Offline
#18 Posted:
Joined: 03-20-2011
Posts: 11,350
Definitely more from inaction, he could lift the drilling restrictions and the that would drop the price of crude within days. It has been done before and it worked.
dpnewell Offline
#19 Posted:
Joined: 03-16-2009
Posts: 7,491
Yes, his poor numbers have nothing to do with the fact that he's the worst President since Jimmy....scratch that. Even Jimmy Carter was better then this clown. If the mass media was actually honest with the American people, instead of feeling the need to protect their golden boy, this guy's approval rating would be in the single digits.
dubleuhb Offline
#20 Posted:
Joined: 03-20-2011
Posts: 11,350
dpnewell wrote:
Yes, his poor numbers have nothing to do with the fact that he's the worst President since Jimmy....scratch that. Even Jimmy Carter was better then this clown. If the mass media was actually honest with the American people, instead of feeling the need to protect their golden boy, this guy's approval rating would be in the single digits.

True dat!
raymallen Offline
#21 Posted:
Joined: 10-20-2011
Posts: 396
Spending is up, unemployment is lower, consumer confidence is up............and inflation is under control??? What moron made this claim?! by very definition increased demand at this rate means rise in inflation. According to Bloomberg some economists estimate inflation to be reaching 8% in the U.S.. I say expect interest rates to rise heavily in the near future to slow inflation. But that's one guys opinion. We can't just keep printing money and keeping interest rates artificially low or our currency will be worthless.
ZRX1200 Offline
#22 Posted:
Joined: 07-08-2007
Posts: 60,661
Unemployment down?

Keep jockeying the numbers.....what a moving equation and a load of shït.
wheelrite Offline
#23 Posted:
Joined: 11-01-2006
Posts: 50,119
ya know...

Energy (gasoline) and food are not factored in the Inflation Index...

So sure, a LCD TV is cheaper but do they taste good with ketchup ?


wheel,
DrafterX Offline
#24 Posted:
Joined: 10-18-2005
Posts: 98,582
This is our land.

A land of peace and of plenty.

A land of harmony and hope.

This is our land.

Oceania.

These are our people.

The workers, the strivers, the builders.

These are our people.

The builders of our world, struggling...

fighting, bleeding...

dying.

On the streets of our cities and on the far-flung battlefields.

Fighting against the mutilation of our hopes and dreams.

Who are they?

Eurasia! Eurasia!

They are the dark armies.

The dark, murdering armies of Eurasia.

In the barren deserts of Africa and India...

on the oceans of Australasia...

courage, strength, and youth are sacrificed.

Sacrificed to barbarians, whose only honor is atrocity.

But even as we grasp at victory...

there is a cancer, an evil tumor...



Mellow










growing, spreading in our midst.
rfenst Offline
#25 Posted:
Joined: 06-23-2007
Posts: 39,424
dubleuhb wrote:
Definitely more from inaction, he could lift the drilling restrictions and the that would drop the price of crude within days. It has been done before and it worked.


And it will be done again in time for the election. The environmentalist vote isn't that big and tends to vote D rather than R, unless they are true believers, in which case they vote for unknown candidates.
wheelrite Offline
#26 Posted:
Joined: 11-01-2006
Posts: 50,119
rfenst wrote:
And it will be done again in time for the election. The environmentalist vote isn't that big and tends to vote D rather than R, unless they are true believers, in which case they vote for unknown candidates.


He will not lift anything or change course...
The die is cast for him..
He's counting on a low turnout for his opposition,,,


wheel,
ZRX1200 Offline
#27 Posted:
Joined: 07-08-2007
Posts: 60,661
^ that we agree on!
rfenst Offline
#28 Posted:
Joined: 06-23-2007
Posts: 39,424
ZRX1200 wrote:
Nothing to do with his actions for sure........


All hail!



Over the last 30 days? i doubt it as nothing new has occurred. saw some poli sci analyst last night whose recent polling indicates it is predominantly gas-prise related. Also saw something that said 52% of Mississippians believe he is Muslim, not Christian...
wheelrite Offline
#29 Posted:
Joined: 11-01-2006
Posts: 50,119
rfenst wrote:
Over the last 30 days? i doubt it as nothing new has occurred. saw some poli sci analyst last night whose recent polling indicates it is predominantly gas-prise related. Also saw something that said 52% of Mississippians believe he is Muslim, not Christian...


you are easily distracted,,,

Those polls are bogus,,,
DrafterX Offline
#30 Posted:
Joined: 10-18-2005
Posts: 98,582
Did you hear about the whitehouse shutting down the voter photo ID required thing in Texas..?? Bunch of votes gained there...Mellow
ZRX1200 Offline
#31 Posted:
Joined: 07-08-2007
Posts: 60,661
Robert his actions are now encountering consequences. People are simple and when your issuing 2 new permits per month instead of seven for drilling, making boiling refineries difficult and shutting down pipelines yeah the chickens come home to roost.

Not to mention the printing press the fed has going to keep the stock bubble floating for Barry Soetoro.
rfenst Offline
#32 Posted:
Joined: 06-23-2007
Posts: 39,424
wheelrite wrote:
you are easily distracted,,,

Those polls are bogus,,,


Bogus? Yes, some are.
Others aren't.
it's just the best we have to go by guesstimating what people believe.
(Hope you aren't saying there isn't any political polling you don't think is unbiased.)
rfenst Offline
#33 Posted:
Joined: 06-23-2007
Posts: 39,424
ZRX1200 wrote:
Robert his actions are now encountering consequences. People are simple and when your issuing 2 new permits per month instead of seven for drilling, making boiling refineries difficult and shutting down pipelines yeah the chickens come home to roost.

Not to mention the printing press the fed has going to keep the stock bubble floating for Barry Soetoro.


Perhaps.
Means zero to me b/c I have no control over him or anyone else until there is an election.
All I am doing is reporting what I saw/heard, not advocating for or against him.
but, I do happen to think opinions on CBid are, shal we say, "a bit" skewed to the right
rfenst Offline
#34 Posted:
Joined: 06-23-2007
Posts: 39,424
wheelrite wrote:
ya know...

Energy (gasoline) and food are not factored in the Inflation Index...

So sure, a LCD TV is cheaper but do they taste good with ketchup ?


wheel,


A-1
rfenst Offline
#35 Posted:
Joined: 06-23-2007
Posts: 39,424
wheelrite wrote:
ya know...

Energy (gasoline) and food are not factored in the Inflation Index...

So sure, a LCD TV is cheaper but do they taste good with ketchup ?


wheel,



Which inflation index? There are several put out by Bureau of Labor and Statistics.
Also, the increase in energy prices, even if not included in a particular Index, would still affect the price of goods and services requiring energy to produce and/or transportation of materials, goods and labor.
wheelrite Offline
#36 Posted:
Joined: 11-01-2006
Posts: 50,119
rfenst wrote:
Which inflation index? There are several put out by Bureau of Labor and Statistics.
Also, the increase in energy prices, even if not included in a particular Index, would still affect the price of goods and services requiring energy to produce and/or transportation of materials, goods and labor.



Core Price Inflation Index

Food and energy are NOT factored in the inflation numbers released to the public monthly. These are goods that the public consumes daily..

This has been the case since the later 90's.

It's a scam...

sorta like the skewed unemployment numbers that are realeased monthly as well,.,,
ZRX1200 Offline
#37 Posted:
Joined: 07-08-2007
Posts: 60,661
Pish posh Robert!




(Sarcasm)
Humastronaut Offline
#38 Posted:
Joined: 07-26-2011
Posts: 231
Any poll by the PPP is bogus.
rfenst Offline
#39 Posted:
Joined: 06-23-2007
Posts: 39,424
Humastronaut wrote:
Any poll by the PPP is bogus.


I hope you aren't going where it seems you may be.
dkeage Offline
#40 Posted:
Joined: 03-05-2004
Posts: 15,161
rfenst wrote:
I hope you aren't going where it seems you may be.



The fishin herf???????
HockeyDad Offline
#41 Posted:
Joined: 09-20-2000
Posts: 46,190
rfenst wrote:

but, I do happen to think opinions on CBid are, shall we say, "a bit" skewed to the right



Most didn't get under the Cone of Protection.
DrMaddVibe Offline
#42 Posted:
Joined: 10-21-2000
Posts: 55,554
Let's not forget that the CBid forum is also a microcosm of America too!

Polls are inherently slanted and are used to take a "pulse". They aren't end all be all facts. Anyone that's ever studied them knows the questions are slanted to produce a desired answer. Now what's coming to light is that there is rampant over or under sampling to produce a desired "effect".

ANYONE that trusts the Fed and their numbers needs their head examined. That is the biggest threat to America today and they're going unchecked.

Anyone that trusts the numbers from our government needs to wake up! They're lying. Even the "unpartisan" Congressional Budget Office (CBO) has been caught fudging the numbers so the House and Senate can ram what they want through!

President Obama's national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law.

Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law's core provisions to expand health insurance coverage has now ballooned to $1.76 trillion. That's because we now have estimates for Obamacare's first nine years of full implementation, rather than the mere six when it was signed into law. Only next year will we get a true ten-year cost estimate, if the law isn't overturned by the Supreme Court or repealed by then. Given that in 2022, the last year available, the gross cost of the coverage expansions are $265 billion, we're likely looking at about $2 trillion over the first decade, or more than double what Obama advertised.

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/cbo-obamacare-cost-176-trillion-over-10-yrs/425831



"I’m from the government and I’m here to help you” (or “We’re from the government and we’re here to help you") should scare the living hell out of anyone!
HockeyDad Offline
#43 Posted:
Joined: 09-20-2000
Posts: 46,190
one trillion........two trillion.......

It is only money. We'll make more!
DrMaddVibe Offline
#44 Posted:
Joined: 10-21-2000
Posts: 55,554
We don't make the money...we make it more moneyer
rfenst Offline
#45 Posted:
Joined: 06-23-2007
Posts: 39,424
dkeage wrote:
The fishin herf???????


No. Not that. Not "going' in the sense of travel, but int he sense of where a conversation is heading.
DadZilla3 Offline
#46 Posted:
Joined: 01-17-2009
Posts: 4,633
DrafterX wrote:
Fed says job market has improved, consumer spending is up and inflation is under control, despite rise in oil prices.....


Think


In related news, the chocolate ration will be increased from 20 ounces to 10 ounces.
Stinkdyr Offline
#47 Posted:
Joined: 06-16-2009
Posts: 9,948
You little taxpaying sheep should just hush up yall and get back to work to support us ruling class types here in DC.
You just don't realize how lucky you are that we haven't yet raised taxes on you so high that gas costs as much as it does in Denmark.

NOW GET BACK TO WORK, and pay some more taxes.

....and here, have some more cake.


ram27bat
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