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  1. #1
    El Kabong Guest

    Default Re: Today in the economy

    http://www.youtube.com/watch?v=ZqzMziGop-w

    The next PM right there...I wish we had someone like that in the GOP

  2. #2
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    Default Re: Today in the economy

    Well since the pork barrel spending thing has come up how about we name names in the senate, we could do well to write a letter to them and tell them to stop.

    2008 Pork Barrel (by McCain's definition) spending.

    1. Thad Cochran (R-MS) $892.2 Million
    U.S. Senator Thad Cochran of Mississippi

    2. Stevens (R-AK) $469.4 Million (No longer serving)

    3. Richard Shelby (R-AL) $464.5 Million
    http://shelby.senate.gov/public/inde...lSenatorShelby

    4. Mary Landrieu (D-LA) $458.5 Million
    U.S. Senator Mary L. Landrieu (D-La.) | Contact Me

    5. Robert Byrd (D-WV) $386 Million
    Robert C. Byrd

    6. Daniel Inouye (D-HI) $385.5 Million
    Send your comments to Senator Daniel K. Inouye

    7. Patty Murray (D-WA) $327.8 Million
    E-Mail Senator Murray - U.S. Senator Patty Murray - Washington State

    8. Chuck Grassley (R-IA) $321.4 Million
    Contact Grassley

    9. Chris Bond (R-MO) $309.8 Million
    .: United States Senator Kit Bond :: Contact :.

    10. Tom Harkin (D-IA) $302.8 Million
    Contact Senator Harkin's Office

    The following Senators spent zero:

    John McCain (R-AZ)
    Tom Coburn (R-OK)
    Jim DeMint (R-SC)
    Russell Feingold (D-WI)
    Claire McCaskill (D-MO)


    Source: Citizens Against Government Waste: Homepage
    Last edited by killersheep; 03-27-2009 at 05:48 PM.
    For every story told that divides us, I believe there are a thousand untold that unite us.

  3. #3
    El Kabong Guest

    Default Re: Today in the economy

    Quote Originally Posted by killersheep View Post
    Well since the pork barrel spending thing has come up how about we name names in the senate, we could do well to write a letter to them and tell them to stop.

    2008 Pork Barrel (by McCain's definition) spending.

    1. Thad Cochran (R-MS) $892.2 Million
    U.S. Senator Thad Cochran of Mississippi

    2. Stevens (R-AK) $469.4 Million (No longer serving)

    3. Richard Shelby (R-AL) $464.5 Million
    .: United States Senator Richard Shelby :: Contact Senator Shelby :.

    4. Mary Landrieu (D-LA) $458.5 Million
    U.S. Senator Mary L. Landrieu (D-La.) | Contact Me

    5. Robert Byrd (D-WV) $386 Million
    Robert C. Byrd

    6. Daniel Inouye (D-HI) $385.5 Million
    Send your comments to Senator Daniel K. Inouye

    7. Patty Murray (D-WA) $327.8 Million
    E-Mail Senator Murray - U.S. Senator Patty Murray - Washington State

    8. Chuck Grassley (R-IA) $321.4 Million
    Contact Grassley

    9. Chris Bond (R-MO) $309.8 Million
    .: United States Senator Kit Bond :: Contact :.

    10. Tom Harkin (D-IA) $302.8 Million
    Contact Senator Harkin's Office

    The following Senators spent zero:

    John McCain (R-AZ)
    Tom Coburn (R-OK)
    Jim DeMint (R-SC)
    Russell Feingold (D-WI)
    Claire McCaskill (D-MO)


    Source: Citizens Against Government Waste: Homepage
    Holy shit the guy ran for President and told us all the truth about HIS Pork Barrel spending....but I guess we couldn't "afford" another 4 years of the "same old party"...even thought McCain is a moderate republican and is really nothing like Bush.

  4. #4
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    Default Re: Today in the economy

    Quote Originally Posted by Lyle View Post
    Quote Originally Posted by killersheep View Post
    Well since the pork barrel spending thing has come up how about we name names in the senate, we could do well to write a letter to them and tell them to stop.

    2008 Pork Barrel (by McCain's definition) spending.

    1. Thad Cochran (R-MS) $892.2 Million
    U.S. Senator Thad Cochran of Mississippi

    2. Stevens (R-AK) $469.4 Million (No longer serving)

    3. Richard Shelby (R-AL) $464.5 Million
    .: United States Senator Richard Shelby :: Contact Senator Shelby :.

    4. Mary Landrieu (D-LA) $458.5 Million
    U.S. Senator Mary L. Landrieu (D-La.) | Contact Me

    5. Robert Byrd (D-WV) $386 Million
    Robert C. Byrd

    6. Daniel Inouye (D-HI) $385.5 Million
    Send your comments to Senator Daniel K. Inouye

    7. Patty Murray (D-WA) $327.8 Million
    E-Mail Senator Murray - U.S. Senator Patty Murray - Washington State

    8. Chuck Grassley (R-IA) $321.4 Million
    Contact Grassley

    9. Chris Bond (R-MO) $309.8 Million
    .: United States Senator Kit Bond :: Contact :.

    10. Tom Harkin (D-IA) $302.8 Million
    Contact Senator Harkin's Office

    The following Senators spent zero:

    John McCain (R-AZ)
    Tom Coburn (R-OK)
    Jim DeMint (R-SC)
    Russell Feingold (D-WI)
    Claire McCaskill (D-MO)


    Source: Citizens Against Government Waste: Homepage
    Holy shit the guy ran for President and told us all the truth about HIS Pork Barrel spending....but I guess we couldn't "afford" another 4 years of the "same old party"...even thought McCain is a moderate republican and is really nothing like Bush.
    Get over it.
    For every story told that divides us, I believe there are a thousand untold that unite us.

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    Default Re: Today in the economy

    3/26/09

    USA - GDP

    Actual-6.30%|Forecast-6.60%|Previous-6.20%

    The gross domestic product measures the total market value of all final goods, thus serving as an indicator for national income and output.

    -------------------------------------------------------------------

    New Zealand - GDP

    Actual-0.90%|Forecast-1.10%|Previous-0.40%

    -------------------------------------------------------------------

    3/27/09

    UK - GDP

    Actual-1.60%|Forecast-1.50%|Previous-1.50%
    For every story told that divides us, I believe there are a thousand untold that unite us.

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    Default Re: Today in the economy

    Quote Originally Posted by killersheep View Post
    3/26/09

    USA - GDP

    Actual-6.30%|Forecast-6.60%|Previous-6.20%

    The gross domestic product measures the total market value of all final goods, thus serving as an indicator for national income and output.

    -------------------------------------------------------------------

    New Zealand - GDP

    Actual-0.90%|Forecast-1.10%|Previous-0.40%

    -------------------------------------------------------------------

    3/27/09

    UK - GDP

    Actual-1.60%|Forecast-1.50%|Previous-1.50%
    Not good. Consumer spending fell 3% too when you ignore the adjustments. These monthly numbers don't really tell the full story though. The best clue you can get from them is to look for is the direction of the revisions they make to them a month or three after they post these original numbers. Eventually these numbers all get revised when more accurate data can be produced. If they're revised down, as they have been for over a year, then that's a bad sign. When the direction of the revisions is positive and the year-over-year numbers are starting to stabilize, then we will know things are starting to turn around. Look at the year-on-year numbers too.

  7. #7
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    Default Re: Today in the economy

    Quote Originally Posted by Kirkland Laing View Post
    Quote Originally Posted by killersheep View Post
    3/26/09

    USA - GDP

    Actual-6.30%|Forecast-6.60%|Previous-6.20%

    The gross domestic product measures the total market value of all final goods, thus serving as an indicator for national income and output.

    -------------------------------------------------------------------

    New Zealand - GDP

    Actual-0.90%|Forecast-1.10%|Previous-0.40%

    -------------------------------------------------------------------

    3/27/09

    UK - GDP

    Actual-1.60%|Forecast-1.50%|Previous-1.50%
    Not good. Consumer spending fell 3% too when you ignore the adjustments. These monthly numbers don't really tell the full story though. The best clue you can get from them is to look for is the direction of the revisions they make to them a month or three after they post these original numbers. Eventually these numbers all get revised when more accurate data can be produced. If they're revised down, as they have been for over a year, then that's a bad sign. When the direction of the revisions is positive and the year-over-year numbers are starting to stabilize, then we will know things are starting to turn around. Look at the year-on-year numbers too.
    Can you provide that data, or give me a good source for it?
    Last edited by killersheep; 03-30-2009 at 01:20 PM.
    For every story told that divides us, I believe there are a thousand untold that unite us.

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    Default Re: Today in the economy

    Quote Originally Posted by Lyle View Post
    http://www.youtube.com/watch?v=ZqzMziGop-w
    The next PM right there...I wish we had someone like that in the GOP
    He's another free market deregulationist nutter. You'd think these people would slink off to obscurity after recent events proved them to be dangerous loonies at best and crooks at worst but they don't seem to be able to deal with recent events and are pretending they didn't happen. Here's this particular economic genius on the glories of free market deregulated Iceland before the crisis started and their economy melted into a puddle and left half the country destitute and begging for an IMF bailout :

    In the ten years that I have been travelling to Iceland, I have watched an economic miracle unfold there ... Today, Icelanders are absolutely rolling in it. A people two generations away from subsistence farming have become international tycoons.

    ...

    Look at the City of London, for heaven’s sake, which Brussels is doing its best to asphyxiate with its financial regulations.

    ...

    Icelanders understand that there is a connection between living in an independent state and living independently from the state. They have no more desire to submit to international than to national regulation. That attitude has made them the happiest, freest and wealthiest people on earth.

    Blue-eyed sheikhs

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