Three Years On and Things Are Only Getting Worse

205
141
Fri, Jul 8, 2011 - 8:46am

The Shill, The Coug and LIESman are "stunned" and "shocked" this morning at the lousy, awful and horrible BLSBS report. Really? Really?? Come down from your ivory towers and visit Main Street every once in a while you dopes! Utterly clueless, status quo, inside-the-box thinking.

I sure hope that, by now, none of this surprises any of you. The U.S. economy stinks on ice and it will continue to. What does this mean?

1) Tax receipts at the federal, state and local level will continue to decline.

2) Politicians will try to raise taxes which will only exacerbate the economic malaise.

3) Government debts at all levels will grow at an increasing pace.

4) THE ONLY FUNDING/SERVICING OPTION IS DEBASEMENT OF THE CURRENCY VIA QUANTITATIVE EASING (MONEY PRINTING).

5) The ultimate impact will be unprecedented global insecurity and upheaval.

We are here to help each other and warn others. There is still time but the sand is nearly drained from the hourglass. Protect yourself and your family while you still can. TF

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  205 Comments

Warren Peacewrs
Jul 8, 2011 - 10:10am

@ wrs Conservative Christian

@ wrs

Conservative Christian here.... some are wacky, many are not... would be happy to debate and defend this worldview against any point of reality.

This is however not the place.... we should start a new thread in the forums... I'll start one later tonight for some good weekend entertainment!

treefrog
Jul 8, 2011 - 10:14am

message delayed

sleazy willie to barry obummer: IT’S THE ECONOMY, STUPID!

¤
Jul 8, 2011 - 10:17am

Internet Kill Switch Bill

Magisoo...There's a reason why that Internet Kill Switch Bill is still alive.

If your right about society breaking down to the point of no traditional Prez. elections by 2016 then at some point before then, in the name of national security, the internet will be taken down or vastly controlled under national security reasons.

I think a breakdown of society qualifies as a national security issue although the constitutional aspect of them arbitrarily severing our right to free speech etc. obviously bothers me. Like I've said numerous times before, I expect just about anything. It seems were at a point where the constitution is going to be greatly challenged in the near future.

If TPTB and the EE etc. are at a point of making up new rules as they go along out out a psychotic like greed and indifference (and desperation) then the ultimate rules to try to change would be the constitution.

I think you know how I feel about OB and his U.S. Constitution hard-on he has. The man has a bug up his ass about certain fundamental aspects of this country that he wants to right.

SilverWealth
Jul 8, 2011 - 10:17am

amazing

Simply amazing the level of intense propaganda and the bread and circuses rolled out daily in the lamestream media. The Sheeple are not only in the dark but blissfully so. Smiling idiot CNN talking model on morning 'news' discussing old Michael Jordan love letters from 30 years ago. Its mind-boggling how effective the massive omission of information is and how ubiquitous this strategy has become. I feel zero respect for the population even though many are suffering. There is very little or no thirst for the truth in Amerika. This has been the case for many,many years and it renders the Internet a kind of oddity. Its there. People could use it to better their lives. But instead this use it largely as a means of distraction and to pursue gossip and endless prurient pulp.

Warren Peace¤
Jul 8, 2011 - 10:18am

DPH

@ DPH

You may indeed be right. Obottum almost always makes everyone wait on him for press conferences. Usually at least 30min, sometimes a lot more. That should put his address right in the middle of the corrective actions..... I would love to see some FUBM action to spoil it and make him look even worse!

Dimo784paulindoon
Jul 8, 2011 - 10:18am

all analysist

The problem of the annalist is that al the statistical data is so far from reality, that if they base their analysis at it it they are bound to be wrong.

On the other hand they have to base the analysis on it because otherwise they will be labeled and prosecuted as Meredith Whitney is.

Nick Elway
Jul 8, 2011 - 10:19am

RE: The Pauls

I commend Ron Paul. He knows he doesn't have a chance to win. This election cycle is about education.

He voices a consistent freedom-loving anti-war and honest money position.

Remember the ridicule (and how it was a side issue) when he predicted this financial crisis during the last round? They can't attack him on that this cycle because he was right.

I believe Ron and Rand Paul are laying the foundation for a real freedom vs statism struggle in 2016-2032. SHTF will awaken some number of people to understand his message.

After the hyper-inflation of a democracy the normal path is dictatorship. With Ron Paul's foundation maybe we can alter that post hyper-inflation path. No sense in building a flaw into that foundation now. IMO accepting the War On Drugs would be a mistake.

Please support people that are on our side!

Tesla
Jul 8, 2011 - 10:23am
bbdgoco
Jul 8, 2011 - 10:23am
SilverWealth
Jul 8, 2011 - 10:26am

darkpurple

When you say that Paul is not a dynamic personality you imply that Obama is. This is the message we get constantly, that the faker is a rock star and is 'exciting'. But when I listen to and watch Barry I get a completely hollow feeling. There is zero passion in this clown act. And it says more about the Sheeple. That they could be so easily fooled by a cheap smile and shallow,back-slapping charm. The fake cadence in the delivery, -barry clearly has adopted the gospel preacher cadence to project a semblance of authority. The giveaway is that he never leaves that cadence, his speech does not rhythmically vary, which basically means there is no emotion behind any of it.

Obama is the antithesis of exciting and that is the irony. But the Lamestream Media from the beginning has planted the lie that this guy is dynamic. Virtually all assumptions by the Ministry of Propaganda should be challenged and denounced by active-thinking citizens.

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Key Economic Events Week of 1/13

1/14 8:30 ET CPI
1/14 9:00 ET Goon Williams
1/15 8:30 ET PPI and Empire Fed
1/16 8:30 ET Retail Sales and Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 Et Cap Ute and Ind Prod

Key Economic Events Week of 1/6

1/7 8:30 ET US trade deficit
1/7 10:00 ET ISM Services PMI
1/7 10:00 ET Factory Orders
1/8 8:15 ET ADP employment
1/9 8:00 ET Goon Chlamydia speech
1/9 1:20 ET Goon Evans 2:00 ET Goon Bullard
1/10 8:30 ET BLSBS
1/10 10:00 ET Wholesale Inventories

Key Economic Events Week of 12/16

12/16 8:30 ET Empire State Manu Idx
12/16 9:45 ET Markit flash PMIs Dec
12/17 8:30 ET Housing Starts and Bldg Perms
12/17 9:15 ET Cap Ute and Ind Prod
12/19 8:30 ET Philly Fed
12/20 8:30 ET Final guess Q3 GDP
12/20 10:00 ET Pers Inc and Spending
12/20 10:00 ET Core Inflation

Key Economic Events Week of 12/9

12/10 8:30 ET Productivity and Unit Labor Costs
12/11 8:30 ET CPI
12/11 2:00 pm ET FOMC fedlines
12/11 2:30 pm ET CGP presser
12/12 8:30 ET PPI
12/13 8:30 ET Retail Sales
12/13 10:00 ET Business Inventories
12/13 11:00 ET Goon Williams speech

Key Economic Events Week of 12/2

12/2 9:45 ET Markit Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/4 9:45 ET Markit Services PMI
12/4 10:00 ET ISM Services PMI
12/5 8:30 ET Trade Deficit
12/5 10:00 ET Factory Orders
12/6 8:30 ET BLSBS
12/6 10:00 ET Wholesale Inventories

Key Economic Events Week of 11/25

11/25 8:30 ET Chicago Fed Nat'l Idx
11/25 7:00 pm ET CGP speech
11/26 8:30 ET Advance Trade
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET New home sales
11/26 10:00 ET Consumer Confidence
11/27 8:30 ET Q3 GDP 2nd guess
11/27 8:30 ET Durable Goods
11/27 9:45 ET Chicago PMI
11/27 10:00 ET Pers Inc & Cons Spndg
11/27 10:00 ET Core inflation
11/27 2:00 pm ET Beige Book

Key Economic Events Week of 11/18

11/19 8:30 ET Housing Starts & Bldg Perms
11/20 2:00 ET October FOMC minutes
11/21 8:30 ET Philly Fed
11/21 10:00 ET Existing Home Sales
11/22 9:45 ET Markit November Flash PMIs

Key Economic Events Week of 11/11

11/12 Three Fed Goon speeches
11/13 8:30 ET CPI
11/13 11:00 ET CGP on Capitol Hill
11/14 8:30 ET PPI
11/14 Four Fed Goon speeches
11/14 10:00 ET CGP on Capitol Hill
11/15 8:30 ET Retail Sales
11/15 8:30 ET Empire State Manu Index
11/15 9:15 ET Cap Ute and Ind Prod
11/15 10:00 ET Business Inventories

Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 9:45 ET Markit Services PMI
11/5 10:00 ET ISM Services PMI
11/6 8:30 ET Productivity & Labor Costs
11/6 Speeches by Goons Williams, Harker and Evans
11/8 10:00 ET Consumer Sentiment
11/8 10:00 ET Wholesale Inventories

Key Economic Events Week of 10/28

10/30 8:30 ET Q3 GDP first guess
10/30 2:00 ET FOMC fedlines
10/30 2:30 ET CGP presser
10/31 8:30 ET Personal Income & Spending
10/31 8:30 ET Core Inflation
10/31 9:45 ET Chicago PMI
11/1 8:30 ET BLSBS
11/1 9:45 ET Markit Manu PMI
1/1 10:00 ET ISM Manu PMI

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