1  FIRST?

2 Old and Busted: First! The New Hotness: "I'm sure the English think they're first or the Greeks think they're first..."

3 Coming soon:

Quarterly gun and ammo sales numbers revised upward.

4 'You Revise!'

5 Growth revised down under Obama? The fuck you say. Bush's #'s were always revised upward. I guess the bureaucracy loves them some liberalism.

6

Guess what - employed people don't spend sh*t either - especially when they foresee runaway inflation in their future.

My wife and I are savers.  I don't give a flying f*ck how much stimulus these idiots throw out there: I refuse to waste my money.

Unfortunately, this could end up biting me in the a$$ in the long run, especially if the Dems get their hands on my IRA and 403b.  Guess I should start investing more in guns and ammo...

7
It's good the economy sucks. I hope it gets a lot worse so we can get some politicians in there to cut off my unemployment compensation.

8

7:

You're right, buddy.  Better to keep electing Democrats - then, you get to keep your unemployment rolling forever.

9
employed people don't spend sh*t either

I'm going to spend a few $$$ at the High Caliber gun show this weekend, that's for sure.

10

In technical economic parlance, the term used for that kind of 'vigorous' rebound is a "Dead Cat Bounce".

Oh, and unemployed people do spend money.  Just differently than before.  I'd love to find out what the year over year 'investment rate' in lottery tickets has been doing of late.  I swear I see more folks than ever before buying them, and not just one or two.  More like 20 bucks worth and more at one time.  Sad.

Under the old rubric of "you've gotta play to win" I do buy a ticket each week.  But it a truism that the lottery is a tax on the mathematically illiterate.

Mike

11 Ah, trollkins @ #7, you can thank Saint Barry O'Bama and his Electric Stimulus for the limp-dick unemployment numbers that have idled your sorry ass and given you so much time to troll the Intarwebz.

Seriously, though, no one's doubting the double-dippage in our future.

And not balls in pudding, either.

12 We've had Democratic Leadership for over 40 years, and it had done wonders for our city.

13

Posted by: Dang Straights at March 27, 2010 03:43 PM

Any recommendations for a good AR 15 knockoff?

Anyone?...Anyone?

14 I'd call it more of a hint than a clue.

15 Unprecedented... and I have to admit, still dubiously optimistic.

16 I'm impressed that it was revised to any positive number.

17

5.6% actually sounds pretty good -- but it's just a one-time dead cat bounce. The economy is going to sink fast this year. Congress is pushing through economy-killing bills, and the Democrats have made one economically disruptive radical pronouncement after another. You can see high inflation just around the corner, and de facto default on government debts as well, partly through said inflation.

I think that no country on Earth is going to get through this without economic catastrophe.

Where can you put your money to protect yourself from inflation, if you have any money? Commodities?  Maybe the gov't will just confiscate it wherever you put it anyway.

And what happens if there really is a Republican sweep in November? What's going to happen in 2011-2012?

 

18

Realistically speaking, we should get two or three decent quarters out of this "recovery."  Employers have cut their work forces so drastically, that they've already priced in low demand.

For instance, my father-in-law works at a plant in Florida that makes windows.  They've been absolutely crushed by the housing slump.

However, they've cut so many employees, that he's back to working 50 hour weeks.  I see a small rebound prior to a double-dip once the stimulus is withdrawn and taxes go up.

I could be wrong, but I think the economy will be as bad or worse in 2012 than it is now.  

19 And if you subtract all of the fake growth based upon a trillion dollars of borrowed money thrown into the mix, growth was pretty much zero.

How do you know this growth number is BS?  No new jobs.  If there was REAL growth, there would be new jobs.

20

18:

I'm investing in American stocks with exposure to foreign markets, commodities, and some precious metals.  

Now I just need to keep the fascist thiefs from stealing it. 

21
Clue: Unemployed people don't buy a lot of stuff.

Exfuckingzactly!

And then merchants stop buying stuff. And then manufacturers, in turn, stop making a lot of stuff.

And then the merchants, who have fewer customers, lay-off employees. Manufacturers, who don't make a lot of stuff, lay-off employees.

22 I hold no brief for the socialist Obama Administration, but the fact that the American people in spite of Obama's anti capitalist policies can generate a very healthy 5.6 percent quarterly growth is grounds for optimism.

23 Nancy's "Stimulus" is looking better and better, ain't it?

24 How come when Bush was destroying the economy unemployment went down and when Obama is saving the economy unemployment is going up?

25 How long is it gonna take them to "revise" that growth figure to 3.6% or thereabouts?

26 Obama Fascists can't even make the trains run on time.

27 Crap, didn't someone do a chart showing how under Bush the numbers were revised up while under Dear Leader the numbers are being revised down?  If so, I can't find it.

28 23, That 5.6 % number is bs. If you believe it, you need help. Else, nice try, troll.

29 The decade is pretty much lost man.

30

Any recommendations for a good AR 15 knockoff?

Anyone?...Anyone?

Knockoff?  What exactly do you mean?  I've got a Rock River Arms AR-15 and it has never given me any trouble.  They're a bit pricey now, though, so I'm glad I placed my order in October '08.  Prices have dropped since their peak.

Problem is ammo costs.  I don't like to put cheap, steel-cased ammo through it.  You might be better off with a cheap AK variant, like a WASR-10; I have one and have consistently sought out the cheapest ammo from the sketchiest Russian factories and it has eaten it all up.  Cheaper to shoot=more time spent practicing. 

31
But it's okay, Obama knows how to revive the economy.

Here's his brilliant plan: give unemployed people $$. Extend their unemployment benefits until this nasty recession goes away! And pay their mortgages, too!

32 30 The decade is pretty much lost man.

And just wait when the foreign policy slip-ups start accumulating. 

33

Nanzi?  Stimulus?

Nanzi?  Stimulus?  Same sentence.  ThatÂ’s absolutely a dick deflating image.

 

34

Was this an unexpected revision? 

This kinda reminds me of when I was working for a company (that will remain Nortel) that would lay off a third of its software developers on December to bump earnings estimates for the next year, then hire new developers on January.  Completely wrecked product work flow and effectively rendered over 1/3 of the developers useless due to inexperience (it took 18 mos. training before they could actually do useful things).

So I guess we'll avoid the technical definition of a recession by occassionally bumping GDP with slash and burn management techniques.  That'll work well.

35 Latest meme from the shit-eating libs, as seen on Yahoo news earlier:

"The recovery is gaining momentum, but economists say some people will be left behind."

Got a feeling "some" translates to a big fuckin' number of names on the "left behind" list....

36
How do Democrat governors revive the economy?

Build casinos!

And in California, they become pot dealers!

37 "The recovery is gaining momentum, but economists say some people will be left behind."

Left Behind?  CHRISTIANISTS!

38 The decade is pretty much lost man.

The nation is pretty much lost man.

39 Left Behind? CHRISTIANISTS! Posted by: alexthechick It's not a layoff. It's the Rapture. Allah willing.

40 but economists say some people will be left behind

"some people" == private sector

41

Knockoff?  What exactly do you mean?

Non-Colt/old ArmaLite

42 By BEN FELLER, Associated Press Writer Ben Feller, Associated Press Writer – 18 mins ago

WASHINGTON – President Barack Obama is making 15 recess appointments and blaming Senate Republicans for forcing his hand.

In a written statement, Obama says the positions include key members of his economic team, as well as members of the National Labor Relations Board and the head of Customs and Border Protection.

Obama says the Senate has the responsibility to accept or reject his nominees, but that Republicans won't even do that.

Obama says he must act and fill the jobs on an interim basis. Congress is out of session on a break for the Easter and Passover holidays.

43 This is just Obama cleaning up bush's mess. You can't expect him to SAVE us in a year. That is unrealistic. Someone pass me that bag of glue please.

44
John McCain sucks!

45

What was lost (or deliberately omitted) in the irrational exuberance over the high GDP numbers is that companies were simply restocking their inventories, after a year of slow sales finally reduced their previous year stocks.  The fact that sales tax revenues in states and municipalities went through the floor last year is evidence enough of this.

And as long as unemployment remains high, it won't get better in real terms, because people will only replace their goods on an "as needed" basis rather than an "as wanted" basis. 

The administration simply used this number as "proof" we were coming out of the depression, and Wall Street used it to goose the overvalued Dow Jones even higher.

46 If you're looking for a rifle that will shoot .223, but less $$$ than an AR, try Kel-tec.  They have several in the 700 dollar range, some with  bipod, some with folding stock, etc.  They aren't gettig bad review, either.  You can check that out at Gunblast.com

47 I hope Waxman follows through on his threat to haul the execs from all the companies that are announcing the loses they will take under Obamacare.  That should be broadcast live on all channels so America will see that Obamacare does not expand coverage and bring down costs!

48 Sorry, nefer mind the lousy speiling, I ain't got no good typin.

49 This proves that the economy is racist. If the Purple Lipped Jesus was white, the economy would be expanding at 3000%

50 What are the odds that Democrats will make that exec testimony behind closed doors?

51 government spending isn't really a reliable yardstick for GDP

52
What a fucking joke having John McCain there.

John McCain is the problem, not the solution. The reason for the grassroots movement was to FIGHT pols like McCain as well as the Democrats.

53 I'm sure "green jobs" will save us from all our economic woes too...

/How much can you power a PS3 with a hand crank?

54
the only thing missing from that lousy rally were the homo-infiltrators from GOProud...

55 I saw an AR-15 w/telescopic stock and platform for all the extras for $750 at Academy the other day, but I have the real deal so I wasn't interested.

56 There's a troll over at Volokh that posts this 5.9% number as if it's the all clear signal.  He's a real big eyeroller, but the rest of the lefty trolls over there aren't much better.  Sad thing is, they seem to be taking over the commentariat.

57

It's just shrinkage!

58
McCain: "Repeal and Replace"

Really? Is that what we should do, John? Replace the The Big Fucking Deal with a Little Fucking Deal?

John McCain LOST on being liberal-lite, now he's up there telling us he can 'fix' this awful health care bill. Just leave it alone and mind your own fucking business, McCain!

59 McCain needs to take his retirement and disability compensation and just motorboat his pretty wife for the rest of his days.

60
How do you know John McCain is lying to us?
He calls us his 'friends'...a lot.

How do you know McCain likes the Democrats?
He calls them his friends...and he means it.

61

McCain was Barry's doorman.

62 Dear Senator McCain, Please lick my infected ass. Contemptuously Yours, eman

63 No kiddin'...my business is down about 50% and hanging on by a thread. Even though our area is not as hard hit, we sell nationwide, so we feel it when the nation as a whole is hurting. We also have a small local sideline selling in an antique store and it has gone absolutely flat. This sucks because I don't think it would be this way by now if they had kept their hands out of it. I think it probably would have bottomed out harder and be on the way back up.

64
Is anybody else scratching their noggin wondering why JD Hayworth wasn't there?

I mean, talk about letting the enemy inside...John 'fuck you, Conservatives, and shut up' McCain at a Tea Party rally??? Does. Not. Compute.

65 No, YOU GET OFF MY LAWN!!!, John McCain!

Useless squishy old shit-bird.

I wouldn't buy ice-water from McCain on the fucking sun after the way he has thrown us all under his "bipartisan" pussy bus.

Go work for the Mexican consulate selling ID's and fake Social Security numbers, John!

66 OMG guys chill out. The sky didn't rain fire did it when Obama passed his healthcare bill? It is ok. He kept all his promises, the bill will not add a penny to the deficit, it will not fund abortions, illegals will not be covered, and he did it in a transparent bipartisan way. Jeez this is how Democracy works. Is it possible to sniff so much glue your eyes bleed?

67 "My friends" coming from McCain means the same thing as "let me be clear" coming from the purple-lipped commie in the White House.

It means we are about to get screwed and lied to.

Why anyone would let Benedict McCain within 1000yards of a Tea Party is beyond me.

68
Did McCain even mention the nefarious action of a) taking control of student loans, and b) slipping it into a health care reform bill?

Obama justified the student loan take-over just like he justifies all his schemes. It will save money and create jobs increase graduation rates.

69 unemployed people aren't doing well BUT the top 1% is doing outstanding and isn't that what is really important ? I mean who cares about the losers

70
Maybe David Frum will be at the next big Tea Party rally?

Cereally, next thing we know, Michael Steele will show up.

71
Posted by: Andy Rand

STFU, dunce.

72 70,

Your mom should have given your dad a blowjob when you were made, cockholster.

73 Thanks for posting this Avenger, was feeling bad busting Gabe's balls for his mental lapse whilst beating up on  perhaps, the last great American hero with a spine, Joe Arpaio.

Having lost my mind and obtaining a degree in the dismal science, I was not surprised to see inventory declines all year and pent up demand pick up in the 4th when inventories were exhausted. Paralyzed with crippled credit lines, a two trillion transfer of wealth, meant most Americans just stared into the headlights. I expect GDP to reduce and flatten out in the 2% range, at best.

The real big fucking elephant in the room is the 60 trillion dollar debt (13 actual, 45 in  entitlements) that will absolutely cripple us. That debt load is inescapable and unmanageable. And largely ignored. We can't even chip away at principal. Barely financing the interest. The next big conspiracy will be a VAT tax. It absolutely has to come and it won't be enough. Should interest rates suddenly rise, greet the economic collapse with a big hearty hug.

74 Another one missed by our side when the now-formerly great news at 4Q2k9 GDP growth was being trumpeted as the "most growth since third quarter 2003": What happened in 2nd quarter 2003? Hint: It won't be happening after 4Q2010 anymore. Do the backwards math projecting forward. 67 OMG guys chill out. The sky didn't rain fire did it when Obama passed his healthcare bill? Obviously, you don't live in MA. Ask someone there (or HI or TN or ME) how MACare's working out, then times their answer by 57. Then bend over, cuz you're going to get it first, Useful Idiot.

75 Clue: Unemployed people don't buy a lot of stuff.

Oh really?

76 Say folks!

This isn't the best place to let you know of this off-topic thingy, but I think you should know about a radio show I stumbled upon here, Directly Above the Center of the Universe.

It's a crappy signal, but the internet-streaming click is here.

Anyhoo, it's an interesting listen because it's a program by Black Conservatives here in Michigan.  It's not for every taste, but I've learned a lot of things about the Founding Fathers, from a Black perspective, that I really hadn't thought about before. These guys get into serious detail, too.

Check it out sometime (Saturdays only, from 4-6p, East)

77 The real big fucking elephant in the room is the 60 trillion dollar debt (13 actual, 45 in entitlements) that will absolutely cripple us. That debt load is inescapable and unmanageable. And largely ignored. We can't even chip away at principal. Barely financing the interest. The next big conspiracy will be a VAT tax. It absolutely has to come and it won't be enough. Should interest rates suddenly rise, greet the economic collapse with a big hearty hug. Posted by: Lunatic Fringe at March 27, 2010 05:01 PM (uFdnM) Paging Dr Cloward. Drs. Cloward, Dr. Fine, Dr. Piven. Is it too soon to equate shots fired into Eric Cantor's office with shots fired upon Ft. Sumter?

78
What I don't understand is why the Republicans don't stay focused on the economic failures of the Obama admin. The Republicans will talk about it for a day or two when economic data comes out and then they drop it.

The Stimulus was exposed as a failure and a scam, and the Republicans just let the story die. Why?

79
okay, K-Tel Records Bob, I listen to the radio show because I'm kinda bored right now.

80
"There is no question in my mind that the Democrats were the absolute worst thing for blacks."

wow, now this pastor is good!

81 Post 67 is just sarcasm, but it reminds me of Obama's "Nothing terrible happened" speech.

I'm sure the birds were singing the day after Kristallnacht, too.

The sun certainly came out the day after the far less devastating Reichstag Fire.

It was probably "a nice day" after the even less devastating letter speech by Neville Chamberlain.

Spare us the "nothing bad happened" rhetoric Mr. President.

82

7 & 70: 

Props for being the kind of smart people that would sell your country out for a fucking unemployment check.

Since you've already established what you are and are simply haggling over prices, I'll pay you $500.00 to sell me your wife, kids, parents and friends. 

You're already doing so for less and calling Republicans stupid for not following suit.

83
the black pastor speaking now is talking about his epiphany. He always thought the Democrats did more for blacks than Republicans because that's what he was taught.

Then he did research to SHOW how the Democrats have helped the blacks. He found that not only did the Democrats not help the blacks, they hurt the blacks!

The pastor is stressing the importance of information and looking at the facts.

84
I love hearing about epiphanies.

Nothing more inspiring and heartening than hearing about someone coming into the Light from the Darkness.

85
Follow the money. He's on the board of Exxon Mobile.

hahaha!

Nah, he's a lobbyist for Big Truth.

86 Brother Perryman, en fuego!

87

When bad things are done, like the Reichstag Fire, or Kristallnacht, or Neveille Chamberlain's selling out of Europe for a scrap of paper, of course the bad results don't happen right away.

Look at it like this, doing the bad thing is like pulling back on the slingshot rubberband.  Once the rubberband is released, it then goes sailing into things, producing the bad results.

So yeah, it's going to take a little time for the bad results to start piling up to where people notice them.  But the bad results are going to be as big as boulders and impossible to ignore.

And I don't believe the GDP was 5.9% OR 5.6%, I think it's all a lie.  There are more empty storefronts, more judicial sales notices in the newspaper, and more people I know out of work.  It's all a pack of lies.

88
Re: reparations and apologies

"All of America doesn't need to apologize...just the Democrat party."

89 I've said this before, can we haz lost decade now? PA thinks it might be lost 5 decades. He might be right.

We are living in a time when the Obamamedia trumpets all good economic news and ignores bad economic news. Politicians have no vested interest in reminding folks that we are in the middle of the Great Recession and they don't have a fucking clue what to do about it.  Because in fact, there is nothing they can do.  I can't wait for this fall. The music is playing in two houses, and a lot of mf'ers are gonna find themselves without a place to sit when the music stops.

May ye rest in peace Pelosi, Reid, et al. May we soon forget that ye dwelled amongst us.

90

And I don't believe the GDP was 5.9% OR 5.6%, I think it's all a lie. There are more empty storefronts, more judicial sales notices in the newspaper, and more people I know out of work. It's all a pack of lies.

Posted by: Boots at March 27, 2010 05:23 PM (06JTY)

GDP counts government spending:

GDP (Y) is a sum of Consumption (C), Investment (I), Government Spending (G) and Net Exports (X - M)

(from the weakypedia article)

So yeah, it's a phony percentage once government spending rises to such an immense degree.

91
It's even more insidious than that, Lunatic.

The media is spinning the bad economic news into something good. It's propaganda, straight up.

92 May we soon forget that ye dwelled amongst us.

I'd prefer they be forever immortalized like Benedict Arnold, or that Quisling guy.

"Which way to the can?  I have to take a Pelosi."

93 Ref "double-dip". The daily growth index is still negative and trending (slightly) down. http://consumermetricsinstitute.com/index.html It's been negative the ENTIRE first quarter so it's plausible we'll see a negative GDP for Q1. I predict the MSM will spin that as due to bad weather.

94 85 7 & 70: Props for being the kind of smart people that would sell your country out for a fucking unemployment check. Since you've already established what you are and are simply haggling over prices, I'll pay you $500.00 to sell me your wife, kids, parents and friends. Posted by: Societyis2blame at March 27, 2010 05:17 PM (7ZyYf) You don't have to. Under the New No Rules Socialism everything is everybody's. So help yourself to our wife. Property is theft.

95 The Stimulus was exposed as a failure and a scam, and the Republicans just let the story die. Why?

The legacy media still controls much of the negative side of the message. In other words, they can make most stories die by ignoring them.

Just wait until Nancy Pelosi learns about Argentina's shiny new "seize the retirement plan" scheme to get out of debt. Why? Because people saving for retirement are engaging in the "politics of plunder."

96

Candygram:

Actually, McCain ran on the most conservative health care proposal in recent memory - eliminating the employer tax-break and offering it to individuals ($2,500 and $5,000). 

If you're going to beat up on McCain, you should find a different issue.  He was dead right on health care.  Way, way, way, way to the f**king right of Hannity, Rush, and Laura's favorite, Mitt Romney.

97  The only substantial difference between the Dem's version of health care and the Republican's version is how much government interference you get in your own health care.

 There is nothing Constitutional about either position, unless you accept the idea that The Constitution is a 'living document.'

98 Since when was 5.6% growth a BAD THING?

Seriously though....  When we start finding fault with every little thing, it makes us look just like the BDS afflicted leftards that made such fools of themselves.  "Bush is EVIL!!! yeeeeearrrrrghh!!!"

Do we really want to imitate those cretins?

It is the difference between being partisan and being psychotic, not to mention dishonest.

5.9% growth would have been better than 5.6%, but unless there is some evidence that the higher figure was arrived at dishonestly, then there really isn't anything to complain about.

Of course that 5.6% was prior to the passing of ObamaCare. 

If we should be complaining about anything it should be that ObamaCare is going to stifle economic growth just as our economy is starting to see some positive movement.

99

actually if you have the money now and are employeed and REALLY think there will be run away inflation, then NOW is the time to buy things.  Just holding on to cash will be a loser if inflation does hit ...

 

100 Since when was 5.6% growth a BAD THING?

When its phony? 

101 Inflation does not equal growth.

A lot of Zimbabweans became trillionaires a few years ago ... they still couldn't buy rice and beans unless the bartered for it.

102 wow hard to believe

103 do exercises and take nutritious foods.