July 02, 2012

Double Dip Watch: Manufacturing Shrank For First Time in Three Years
— Ace

The patient was misdiagnosed, bad drugs pumped into his system, and now he's in critical condition.

"This is not good," said Dan Greenhaus, chief economic strategist at BTIG, an institutional brokerage. Though the report "does not mean recession for the broader economy, it is still a terribly weak number."

The trade group of purchasing managers said its index of manufacturing activity fell to 49.7. That's down from 53.5 in May. And it's the lowest reading since July 2009, a month after the Great Recession officially ended. Readings below 50 indicate contraction.

It's not just that we've gone into contraction in this area -- it's that we did so by a big, sharp fall. At the same time most other indicators are pointing downwards.

This guy says this number doesn't mean recession for the broader economy. I assume he means it doesn't necessarily mean recession.

Okay, that would be fine, if consumer spending, consumer confidence, hiring in other sectors, and GDP were growing. But they're not.


Posted by: Ace at 10:45 AM | Comments (177)
Post contains 187 words, total size 1 kb.

1 Yeah we're screwed. Just going to get worse with ObamaTax kept in place

Posted by: ArcadeHero at July 02, 2012 10:46 AM (zt7SE)

2 I still say it is not a dip, it is a correction in the amount of lying they are doing.

Posted by: Vic at July 02, 2012 10:47 AM (YdQQY)

3 There will be no jobs but we will all have free health care.

Posted by: Cicero at July 02, 2012 10:48 AM (QKKT0)

4 I love a recession like Anderson Cooper loves cock. Also, I love cock as well.

Posted by: Stuff Barack Obama Said, Vol. ! at July 02, 2012 10:48 AM (54vf8)

5 @3 "Free" in a Salvador Dali alternate dimension sense of course

Posted by: ArcadeHero at July 02, 2012 10:49 AM (zt7SE)

6 You really can't trust anything they say, I'm with Vic this is a correction

Posted by: phoenixgirl, team dagny at July 02, 2012 10:49 AM (AH1Cg)

7 Wreckovery Summer!

Posted by: Crashpanic at July 02, 2012 10:49 AM (9SN2s)

8 We're pleased to report that with Anderson Cooper's big announcement, the butt plug industry is booming.

Posted by: The Western Butt Plug Manufacturers' Assn. at July 02, 2012 10:50 AM (QKKT0)

9 Those manufacturers will do anything to make Obama look bad.

Racist h8ters.

Posted by: Car in at July 02, 2012 10:50 AM (M+jLM)

10 The patient was misdiagnosed, bad drugs pumped into his system, and now he's in critical condition. ***** I love this analogy. Ka -BOOM!

Posted by: tasker at July 02, 2012 10:50 AM (r2PLg)

11 Is this a BFD?

Posted by: cajun carrot, down for some SMOD at July 02, 2012 10:50 AM (UZQM8)

12 Recessions are gay.

Posted by: wierd flunky at July 02, 2012 10:50 AM (X+nFp)

13 Recovery summer , or Bush fault.

Posted by: Temper Tantrum at July 02, 2012 10:50 AM (AWmfW)

14 Any bets that they use every possible trick to keep from reporting job losses for June?

Adding 69K in may was terrible, but they were able to keep saying "but we grew!!"

A net jobs loss would kill them.

Posted by: Dave in Fla at July 02, 2012 10:51 AM (FJP6/)

15 But did it shrank-shrank?

Posted by: RushBabe, Praying for Divine Intervention at July 02, 2012 10:51 AM (qxsyW)

16 All corrections were to await my re-election, you retards.

Posted by: Memo from the Office of the Preezy at July 02, 2012 10:51 AM (QKKT0)

17 So is Barack testing out the death panels on the economy to be sure they work when Obamacare is fully implemented?

Posted by: Buzzsaw at July 02, 2012 10:51 AM (tf9Ne)

18 I'm waiting for the DNC tweet "Take that b*tches!"

Posted by: ArcadeHero at July 02, 2012 10:51 AM (zt7SE)

19 Wait for the jobs numbers later in the week. http://www.cbsnews.com/8301-505123_162-57464488/jobs-report-could-ruin-july-4th-week/ 80-100 thousand jobs are "expected." Wait for the "unexpectedly" headlines--especially with those weak ISM numbers.

Posted by: Crashpanic at July 02, 2012 10:52 AM (9SN2s)

20 I love the smell of napalm in the morning.

Posted by: © Sponge at July 02, 2012 10:52 AM (UK9cE)

21
It is possible we could GDP contract for last quarter.

Expectations are between 1.5% - 2.5% GDP. But I think it will be closer to 1.5%.

They are also saying about 100K jobs added in June. But the last several new UE claims have been quite high. They're expecting the UE rate to stay at 8.2%. But it could just as likely go up a tenth or two.

Now if that happens, I don't have to tell you how bad it will be for Obama. There will be talk of recession. And if people start hearing recession, they'll feel recession. Obama will be out on his ass in November.

Posted by: soothsayer at July 02, 2012 10:52 AM (9Q7Nu)

22 What's shrinking faster:  the economy, or Ruth Bader Ginsburg?

Posted by: nickless at July 02, 2012 10:52 AM (MMC8r)

23 Michelle Obama looks just like a wookie.

Posted by: Han Solo at July 02, 2012 10:53 AM (HTtsu)

24 #9  I believe that is exactly what we will be hearing from the left. 

The Obama will come out andmake a speech attacking "timid" manufacturers who "don't believe in America" or some crap like that.

Signed,  Miss Marple, H8er Extraordinaire

Posted by: Miss Marple at July 02, 2012 10:53 AM (GoIUi)

25 Federal and State government spending as a percent of GDP is at the highest point in history short of WWII.  And it isn't far from that.  Federal alone is 42% of GDP
(gov chart)

http://is.gd/4r8JZx

I have seen other economist who put it at 49% of GDP.


Government spending should not be included in GDP numbers.  That is the ONLY thing that is keeping the drop in GDP from showing up as catastrophic.


Posted by: Vic at July 02, 2012 10:53 AM (YdQQY)

26 Dad says the Welsh coal mining industry is going gangbusters.

Posted by: Joe Biden at July 02, 2012 10:53 AM (QKKT0)

27 22 What's shrinking faster: the economy, or Ruth Bader Ginsburg? Posted by: nickless at July 02, 2012 02:52 PM (MMC8r) ******* Or my johnson when I look at Playboy?

Posted by: AndersonCooper at July 02, 2012 10:53 AM (r2PLg)

28 Our economy, under the outstanding leadership of Barack  Obama, is now in Recovery Summer III.

Leave your traytops in the upright and closed position until the economy comes to a complete stop.

Posted by: Islamic Rage Boy at July 02, 2012 10:53 AM (e8kgV)

29

I still say it is not a dip, it is a correction in the amount of lying they are doing.

 

True. Fact.

Posted by: alexthechick - help us SMOD you're our only hope at July 02, 2012 10:54 AM (VtjlW)

30 Ah yes, all is proceeding as I have forseen. These economic numbers are worthy of celebration! All subjects shall make merry, on pain of death!

Posted by: Ming at July 02, 2012 10:54 AM (I+4FK)

31 And manufacturing has been the one bright spot in the us economy since 08

Posted by: Jason at July 02, 2012 10:54 AM (6VB4r)

32 The Obama will come out andmake a speech attacking "timid" manufacturers who "don't believe in America" or some crap like that.

Signed, Miss Marple, H8er Extraordinaire Racist

Posted by: Miss Marple at July 02, 2012 02:53 PM (GoIUi)


FIFY

Posted by: Sean Bannion at July 02, 2012 10:54 AM (sbV1u)

33 The economy is losing power without having gained any altitude from the last drop.  This will not end well, and no - I am not happy.

Posted by: Mikey NTH - needs rain for the lawn at July 02, 2012 10:55 AM (hLRSq)

34 Is Anderson Cooper still white?

Posted by: Minuteman at July 02, 2012 10:55 AM (acEq7)

35 Anderson "pooper" Cooper coming out of the closet is much like Helen Thomas coming out and saying she's an anti-Semite.

1.  Who the fuck didn't know that?
2.  Who the fuck cares?
3.  Who the fuck is Anderson Cooper?

Posted by: © Sponge at July 02, 2012 10:55 AM (UK9cE)

36 @22 What's shrinking faster: the economy, or Ruth Bader Ginsburg? Posted by: nickless at July 02, 2012 02:52 PM (MMC8r) To celebrate f*cking over the nation with Obamacare, I put a vole in a headlock. Little bitch tapped out.

Posted by: Ruth Bader Ginsburg at July 02, 2012 10:55 AM (54vf8)

37 "This is not good," said Dan Greenhaus, chief economic strategist at BTIG, an institutional brokerage. Though the report "does not mean recession for the broader economy, it is still a terribly weak number."





General Custer: Being surrounded by Indians is not good but it does not mean a massacre for the 7th Cavalry

Posted by: TheQuietMan at July 02, 2012 10:56 AM (1Jaio)

38 If the numbers get much shittier, the Bernank will start up the printing presses.

Posted by: Crashpanic at July 02, 2012 10:56 AM (9SN2s)

39
First thing the Democrats will do is deny reality.

Second, they will blame Bush.

Third, they will blame Republicans for "talking down" the economy.

Posted by: soothsayer at July 02, 2012 10:56 AM (9Q7Nu)

40 Barack Obama is a stuttering clusterf*ck of a miserable tyrant.

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 10:57 AM (8y9MW)

41
...and wanting America to fail.

Posted by: soothsayer at July 02, 2012 10:57 AM (9Q7Nu)

42 bad drugs pumped into his system, and now he's in critical condition>>

Well I've been treating the time of Obama like a ethylene glycol overdose since the antidote for that is vodka.
http://tinyurl.com/cmcroja

Posted by: Buzzsaw at July 02, 2012 10:57 AM (tf9Ne)

43 What's shrinking faster? The credibility of the supreme court... Thank you chief justice Roberts

Posted by: phoenixgirl, team dagny at July 02, 2012 10:57 AM (AH1Cg)

44 The Economy, staring in Weekend at Barky's III:  Golf, anyone?

Posted by: © Sponge at July 02, 2012 10:57 AM (UK9cE)

45

2 I still say it is not a dip, it is a correction in the amount of lying they are doing.

 

^^This^^

 

They've been lying about....everything.

Unemployment numbers, jobs numbers, the cost of ZeroCare....everything.

It is an "oops" when a little bit of the Truth manages to slip out.

Posted by: wheatie at July 02, 2012 10:57 AM (MbB0O)

46 Anderson "pooper" Cooper coming out of the closet is much like Helen Thomas coming out and saying she's an anti-Semite. Posted by: © Sponge at July 02, 2012 02:55 PM (UK9cE)

Sorta gives a whole new meaning to "Anderson Cooper 360"

Posted by: Sean Bannion at July 02, 2012 10:57 AM (sbV1u)

47 At least now we've got ObamaCareTax that will create all of those jobs. Just like Barry saved and or created all of those billions of make believe jobs

Posted by: TheQuietMan at July 02, 2012 10:57 AM (1Jaio)

48
the headlines will not read: Economy Stinks

the headlines will read: Republicans Cheer Bad Economy

Posted by: soothsayer at July 02, 2012 10:58 AM (9Q7Nu)

49 At the rate we are going, we'll be in a world of butthurt by Christmas. Don't forget Taxmageddon.

Posted by: Crashpanic at July 02, 2012 10:58 AM (9SN2s)

50 8We're pleased to report that with Anderson Cooper's big announcement, the butt plug industry is booming.

Posted by: The Western Butt Plug Manufacturers' Assn. at July 02, 2012 02:50 PM (QKKT0)

 

 

Please!!! More butt plugs for Tom and Anderson. But I don't really mind Barack's rectum; it's been stretched so much it's bigger than my living room.

Posted by: The Gerbil at July 02, 2012 10:58 AM (HTtsu)

51 Bain/Romney/Bushitler/Darth Cheney/Koch Brothers did it!

Posted by: #Occupy Resolute Desk at July 02, 2012 10:58 AM (L2p1h)

52 If the numbers get much shittier, the Bernank will start up the printing presses.

Posted by: Crashpanic at July 02, 2012 02:56 PM (9SN2s)


Start it up????  Hell, he has never shut it down.  The fed is the only buyer of US T-Bills. Them and the few Europeans who are bailing out and looking for a place to put money.

Posted by: Vic at July 02, 2012 10:58 AM (YdQQY)

53 A little mood music: http://www.youtube.com/watch?v=-bAA0iDz-eI

Posted by: The Political Hat at July 02, 2012 10:58 AM (XvHmy)

54 I still want a Slublog Demotivator (well, anyone really, but Slublog is the one I can think of off hand) of the Death Star destroying Alderaan with the caption: "OBAMA: focused like a laser on the economy."

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 10:59 AM (8y9MW)

55 As I define it, this is a recovery. That should help

Posted by: Judge Omnipotus Roberts at July 02, 2012 10:59 AM (acEq7)

56 Sorta gives a whole new meaning to "Anderson Cooper 360"

Posted by: Sean Bannion at July 02, 2012 02:57 PM (sbV1u)



New title: Anderson Cooper 69

Posted by: TheQuietMan at July 02, 2012 10:59 AM (1Jaio)

57 Better link: http://www.youtube.com/watch?v=hXhAAUn1vEk

Posted by: The Political Hat at July 02, 2012 11:00 AM (XvHmy)

58
Sorta gives a whole new meaning to "Anderson Cooper 360"

Posted by: Sean Bannion at July 02, 2012 02:57 PM (sbV1u)



Heh.  Anderson Cooper 3x69 :  The Elephant Walk.

Posted by: © Sponge at July 02, 2012 11:00 AM (UK9cE)

59 Kinda OT:  Rush today was not his ever optimistic self.  He made Monty seems like a happy guy.  It may be time to invest in cyanide futures.

Posted by: WalrusRex at July 02, 2012 11:00 AM (Hx5uv)

60 OOOOOoooooooooo.......Double Dip !

Posted by: Anderson Cooper at July 02, 2012 11:00 AM (acEq7)

61 Double Dip Watch?

Yes yes , tea bag my face like you're on bath salts cooper!

Posted by: Justass Roberts at July 02, 2012 11:01 AM (AWmfW)

62 New title: Anderson Cooper 69Posted by: TheQuietMan at July 02, 2012 02:59 PM (1Jaio)

Well, he's such an egomaniac he'd probably call the show "Anderson Cooper 34.5"

Posted by: Sean Bannion at July 02, 2012 11:01 AM (sbV1u)

63

I had to suspend my economic boycott until after the weekend, as I had to purchase some new model rockets.  Ammo is excluded as well.   

I am 100% behind the "bad economic news is good news for Romney" meme.  It's an interesting observation -- when the Dems talked about this back in 2004 to try to get SKerry elected, there was no discernable effect on the economy...since the Fraud was "elected," the economy has had no real growth thanks in large part to our reluctance to invest and recapitalize.   
We can starve the rats and pigs on the left...and we can starve them for another 4 years if needs be....or at least until the shooting war begins, then we can slaughter them. 

Posted by: Big Fat Meanie at July 02, 2012 11:02 AM (Ec6wH)

64 It's time to consider purchasing another American-made firearm. Gotta get those numbers up.

Posted by: Fritz at July 02, 2012 11:02 AM (/ZZCn)

65 push push push on that string!

Posted by: BlackOrchid-TeamDagny at July 02, 2012 11:02 AM (J6kXj)

66 Turn those machines back on!!!!!

Posted by: Mortimer Duke at July 02, 2012 11:03 AM (gCa4h)

67 When do we get the unemployment numbers for June?

Posted by: buzzion at July 02, 2012 11:03 AM (GULKT)

68 Bad fukkin news? You must be joking. Any news bad for Zero is fucking manna to my ears.

Posted by: maddogg at July 02, 2012 11:04 AM (OlN4e)

69 It's time to consider purchasing another American-made firearm. Gotta get those numbers up.

Remington and Springfield here I come...

Actually, I need a good home defense shotgun for my wife.  The 12 gauge 870 is a little big for her (she can't get comfortable holding it), but she's afraid of tactical shotguns.

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 11:04 AM (8y9MW)

70 Expect the Manufacturing Recovery Bill to be proposed, which will do absolutely nothing  (like all the other bills) by teh SCOAMF. Everybody in Congress will look at the bill, roll their eyes and vote against it. SCOAMF will  then get another talking point against his "obstructionist Republican congress"  and we'll still be screwed.

Posted by: BackwardsBoy, Rioting Christian at July 02, 2012 11:04 AM (d0Tfm)

71 I will never ever go on another "guys" night out with Anderson, Tom, John, and Barack. I was wondering why they invited me...

Posted by: The Gerbil at July 02, 2012 11:04 AM (HTtsu)

72 Now that the economy has turned around, lets subsidize millions of more people's healthcare.... Wait, what?

Posted by: Dumbshit at July 02, 2012 11:04 AM (q177U)

73 Income Inequality is AmericaÂ’s Biggest Challenge: United Nations Economist

In "The Measure of a Nation: How to Regain America's Competitive Edge and Boost our Global Standing" statistician and United Nations health economist Howard Friedman compares the United States to 13 other wealthy nations in five key categories: health, education, safety, democracy and equality. His analysis and conclusions are alarming: the U.S. has fallen far behind in most of these areas, causing the nation to become "the Dog" when juxtaposed to its Asian and Western European competitors.

According to Friedman, the biggest challenge for the U.S. centers on the nation's rising income inequality, a problem that led to the Occupy Wall Street protests and one that has become a central theme of President Obama's reelection campaign. The U.S. "has substantially higher levels of income and wealth inequality than our competition," according to Friedman, and Americans' "staunch faith" in U.S. meritocracy is a misconception derived from false notions.




Of course Howie, the best way to restore America's competitiveness is to listen the Occutards or Barry for economic advice. Reading this it's no wonder why the economist always find bad economic new "unexpected". These commie turds actually think this Euro-socialist swill will work

Posted by: TheQuietMan at July 02, 2012 11:05 AM (1Jaio)

74 Actually, I need a good home defense shotgun for my wife. The 12 gauge 870 is a little big for her (she can't get comfortable holding it), but she's afraid of tactical shotguns. Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 03:04 PM (8y9MW) I got my wife a Mossburg .20 gauge with an 18 1/4 inch barrel and a pistol grip. I took her out and let her shoot it. She liked it.

Posted by: Oldsailors Poet, Team Dagny at July 02, 2012 11:06 AM (9TTOe)

75 Sorta gives a whole new meaning to "Anderson Cooper 360"

Still just $300!

Posted by: Anderson Cooper at July 02, 2012 11:06 AM (QKKT0)

76 In light of this DOOOOOM,      I'm trying to    figure out what would be a cool name    for myself    for    little kids to use when they're   talking about me during     The Tell    'round the campfire while sheltered under the wing of a wrecked plane in the middle of the Australian    Outback.   I'm thinking, "Curly    Coppa She-la." 

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO Supporter at July 02, 2012 11:06 AM (4df7R)

77

Double-dip Deliciousness: Twice the recession means twice the recovery.

Posted by: Team Preezy at July 02, 2012 11:07 AM (IfM3l)

78

I'm just so tired and depressed - I am ready for this insane rollercoaster ride to be over already.

 

I'm hoping that the majority of Americans are feeling the same way, and will take to their voting booths to toss this abomination out of our misery.

 

Of course, he and the little woman will no doubt turn up again - I'm sure that Michelle has a cushy job just waiting for her at her old hospital digs.

 

And let's not forget the huge bon-bon that Obamatax throws to all of the unions out there.....

Posted by: Teresa in Fort Worth, TX at July 02, 2012 11:07 AM (0xqzf)

79 68When do we get the unemployment numbers for June?

Posted by: buzzion at July 02, 2012 03:03 PM (GULKT

 

Thursday is ADP and claims numbers, Friday is Unemployment.

Posted by: SMOD the job creator at July 02, 2012 11:07 AM (HTtsu)

80

Has anyone tried to work out when the bulk of people who  lost their jobs at the start of this mess will  fall off the back-end of their  99 weeks unemployment?

 

I see the potential for a false-positive huge dip in the unemployment  rate because a ton of people no  longer count.

Posted by: reason at July 02, 2012 11:07 AM (l2max)

81 Speaking of tactical shotguns. Built one for my son. I don't really like it. No buttstock, those 12 ga. high velocity loads put quite a shock on the right wrist.

Posted by: maddogg at July 02, 2012 11:08 AM (OlN4e)

82 The private sector is doing just fine!

Posted by: President Double Bogey at July 02, 2012 11:08 AM (GULKT)

83 77 How about Anderson Cooper?

Posted by: wierd flunky at July 02, 2012 11:08 AM (X+nFp)

84 It only shrunk because it wasn't taxed enough.

Posted by: CJ Roberts and Barky sittin' in a tree.. at July 02, 2012 11:09 AM (NuPNl)

85
When the peak of every successive economic "bounce" is lower than the previous peak, it's not too hard to draw a trend line and extrapolate where things are going.


Posted by: torquewrench at July 02, 2012 11:09 AM (ymG7s)

86 What's shrinking faster: the economy, or Ruth Bader Ginsburg? Posted by: nickless at July 02, 2012 02:52 PM (MMC8r) My testicles.

Posted by: John Roberts at July 02, 2012 11:09 AM (XvHmy)

87 Tax it until morale improves.

Posted by: eleven at July 02, 2012 11:10 AM (KXm42)

88 How about a tax?

Posted by: Justass Robert at July 02, 2012 11:10 AM (AWmfW)

89 20 gauge will do the same as a 12 at close range. It's still a nice pile of BB flying at 1300 fps

Posted by: SMOD the Home Defender at July 02, 2012 11:11 AM (HTtsu)

90

Has anyone tried to work out when the bulk of people who lost their jobs at the start of this mess will fall off the back-end of their 99 weeks unemployment?

 

I ran out just about two years  ago. I was one of the first.

 

Don't be fooled: the real  UE  rate is around 11% if you count the labor force  at the number it was when the SCOAMF took orifice. Lies, damned lies, statistics and O's  economic numbers,  in order of severity...

Posted by: BackwardsBoy, Rioting Christian at July 02, 2012 11:11 AM (d0Tfm)

91 The WaPo headline for tomorrow:

Domestic manufacturing at record lows after Romney's Bain outsourcing.

Posted by: Hollowpoint at July 02, 2012 11:12 AM (SY2Kh)

92 Â… purchasing another American-made firearm. Gotta get those numbers up Kel-Tec made in America? Looks like Florida. First thing I do when I get to Texas, buy a carbine thatÂ’s illegal in California.

Posted by: Stephen Price Blair at July 02, 2012 11:13 AM (QF8uk)

93 The patient was misdiagnosed, bad drugs pumped into his system, and now he's in critical condition.

That's what happens when you let economic witch doctors try their hand.

Posted by: Deathknyte at July 02, 2012 11:13 AM (BAG4f)

94 I don't have health Insurence.

Posted by: the freeloader at July 02, 2012 11:13 AM (4ntyl)

95 it's coming. you morons have five weeks to get your portfolios in order before the fed convenes again and "buttresses" our economy with devalued debt and those incestuously vicious capital cycles that make bankers so happy, since nobody ever said they had to LEND that shit out... winners: Big Finc and those who hold the Favoured Assets. losers: everyone who thinks "free money" means they can get a piece. and everyone who hopes to buy dinner in 2013 for what it cost in 2008.

Posted by: jimi ray at July 02, 2012 11:13 AM (79EF9)

96 First thing I do when I get to Texas, buy a carbine thatÂ’s illegal in California.

So a pellet gun, then?

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 11:13 AM (8y9MW)

97

What we've got here is an effing Depression!!!!

Posted by: Sheriff Joe Biden at July 02, 2012 11:13 AM (WGmy2)

98 Romney's Bain Capital outsources all American jobs.  Drive through's MUCH more challenging.

Posted by: © Sponge at July 02, 2012 11:13 AM (UK9cE)

99 A net jobs loss would kill them.

----

Meh.... they'll just trot out the "but we didnt lose as many as we would have if the President hadnt acted.... in 2009..... with a trillion in stimulus.... and FREE health care to all.... and cutting taxes..... and making Green Energy affordable.... and ...and ...and he got Bin Laden."

Posted by: THE MFM at July 02, 2012 11:13 AM (C8hzL)

100 Coming to America via Obamacare? Man who died from dehydration in hospital rang police for a drink of water http://bit.ly/N72si3

Posted by: The Political Hat at July 02, 2012 11:14 AM (XvHmy)

101 Off, riotous sock. Besides, I finally ran out of Jello  with shredded carrots.

Posted by: BackwardsBoy at July 02, 2012 11:14 AM (d0Tfm)

102 ugg.... nasty sock...

Posted by: fixerupper at July 02, 2012 11:14 AM (C8hzL)

103 Don't worry, Obama is making sure that jobs in other countries aren't going to shrink   http://tinyurl.com/chy9mva

Posted by: buzzion at July 02, 2012 11:15 AM (GULKT)

104 California bill would allow a child to have more than two parents http://preview.tinyurl.com/7p67on2

Posted by: The Political Hat at July 02, 2012 11:15 AM (XvHmy)

105 For God's sake, whatever you do, do NOT put the words "double dip" on Anderson's TelePrompTer! He'll start giggling uncontrollably like a little bitch again!

Posted by: CNN Producer at July 02, 2012 11:15 AM (OCBPC)

106 94 The WaPo headline for tomorrow: Domestic manufacturing at record lows after Romney's Bain outsourcing. Posted by: Hollowpoint at July 02, 2012 03:12 PM (SY2Kh) Wapo Headline: Lincoln Shot - Romney Movements in DC Suspicious

Posted by: The Huggable Robot Devil at July 02, 2012 11:15 AM (136wp)

107 OT,
From the last thread, regarding the democrats recall of Michigan's republican governor having to be dropped because of a lack of signatures.
They needed 800,000 signatures and managed to get 2079.

Posted by: nerdygirl at July 02, 2012 11:16 AM (d9ErJ)

108
Of the 18 manufacturing industries, seven are reporting growth in June, in the following order: Furniture & Related Products; Printing & Related Support Activities; Fabricated Metal Products; Miscellaneous Manufacturing; Electrical Equipment, Appliances & Components; Machinery; and Primary Metals.

The nine industries reporting contraction in June — listed in order — are: Nonmetallic Mineral Products; Apparel, Leather & Allied Products; Paper Products; Plastics & Rubber Products; Chemical Products; Computer & Electronic Products; Petroleum & Coal Products; Food, Beverage & Tobacco Products; and Transportation Equipment.

ism.ws



That furniture and appliance growth is probably the usual spring/summer "move and buy new stuff for the new house" bump. The printing is probably the Fed running the presses....



Posted by: Laurie David's Cervix at July 02, 2012 11:16 AM (kdS6q)

109 Kinda OT: Rush today was not his ever optimistic self. He made Monty seems like a happy guy. It may be time to invest in cyanide futures.

Posted by: WalrusRex at July 02, 2012 03:00 PM (Hx5uv)

 

 

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

 

 

That was the impression that I got from  him this last Friday.  He's always told us that he'd say when it's time to panic.  I think that time is edging closer and closer.  Rush is a businessman and an astute political analyst, but mostly a good businessman.  He'll know when the jig is up.

Posted by: Soona at July 02, 2012 11:16 AM (Mtcin)

110 84 On a related note: I am on track to have 50lbs of homemade pemmican by the Spring.

Posted by: runninrebel at July 02, 2012 03:08 PM (N/1Dm)


-------

Oh.... pemmicans.   I used to LOVE feeding the pemmicans when we'd visit the beach when I was a young boy.  They would eat those fishes whole, by God, gotta love em.

Posted by: Joe Biden at July 02, 2012 11:17 AM (C8hzL)

111 Posted by: Stephen Price Blair at July 02, 2012 03:13 PM (QF8uk) That Kel-Tec Shotgun is sooooo hawt....

Posted by: cajun carrot, down for some SMOD at July 02, 2012 11:17 AM (UZQM8)

112 82 Speaking of tactical shotguns. Built one for my son. I don't really like it. No buttstock, those 12 ga. high velocity loads put quite a shock on the right wrist. Just get a folding buttstock. Best of both worlds.

Posted by: Crashpanic at July 02, 2012 11:18 AM (9SN2s)

113 Wow, Romney's Bain sure has hurt the economy.

Posted by: Washit Post at July 02, 2012 11:18 AM (d9ErJ)

114 Economics, Romney, Anderson Cooper. I'm tired of talking about this stuff. Can't we focus on something really important like John Roberts?

Posted by: Ed Anger Issues at July 02, 2012 11:18 AM (7+pP9)

115 If I'm not employed, how will I pay the new taxes for Obamacare?

Posted by: the Butcher at July 02, 2012 11:18 AM (8g9qq)

116 Well, we'll just penalize all those people that decide not to spend every last dime they earn plus some additional. John Roberts said it is ok, and he knows best, right?

Posted by: blindside at July 02, 2012 11:19 AM (x7g7t)

117
Just get a folding buttstock. Best of both worlds.

I love a folding buttstock.

Posted by: Anderson Cooper at July 02, 2012 11:19 AM (MMC8r)

118

103 Coming to America via Obamacare?

Man who died from dehydration in hospital rang police for a drink of water

 

I just read that in the sidebar.

 

It's definitely a preview of what's in store for us under ZeroCare.

Ain't government-controled healthcare grand.....it's freeeee.

Posted by: wheatie at July 02, 2012 11:19 AM (MbB0O)

119 So a pellet gun, then? TheyÂ’re not illegal, you just canÂ’t use them.

Posted by: Stephen Price Blair at July 02, 2012 11:20 AM (QF8uk)

120 Now if that happens, I don't have to tell you how bad it will be for Obama. There will be talk of recession. And if people start hearing recession, they'll feel recession. Obama will be out on his ass in November. Posted by: soothsayer at July 02, 2012 02:52 PM (9Q7Nu) I wish I could believe this. Then I think 'FDR'.

Posted by: blindside at July 02, 2012 11:20 AM (x7g7t)

121 Solyndra is a tax. Hey, I'm just trying to help.

Posted by: Justass Robert at July 02, 2012 11:20 AM (AWmfW)

122 "Obama Strengthens Economy by  Reducing Labor and Other Business Costs""

Posted by: WaPo at July 02, 2012 11:20 AM (Yhu4q)

123 121 I love a folding buttstock. dUDE! LOL!

Posted by: Crashpanic at July 02, 2012 11:20 AM (9SN2s)

124 If I'm not employed, how will I pay the new taxes for Obamacare?

The government will give  you the money to pay your taxes.

Posted by: nickless at July 02, 2012 11:20 AM (MMC8r)

125 I knew that!

Posted by: hooray for me fuck you dick in the ass indie voter at July 02, 2012 11:21 AM (Qr9Rc)

126 Those republicans in congress are deliberately sabotaging the economy to make Obama look bad.

I know this because it is what we would do.

Posted by: Democrats in Congress at July 02, 2012 11:21 AM (d9ErJ)

127 I still say it is not a dip, it is a correction in the amount of lying they are doing.









I still say it is not a dip, it is a correction in the amount of lying they are doing.

----

They keep trying to clean up the crime scene, but the luminol reality can't stop glowing through.














`

Posted by: Lady in Black - ObamaTaxCare opponent - This means war, bitchez at July 02, 2012 11:22 AM (vOMX+)

128 Just get a folding buttstock. Best of both worlds.

I love a folding buttstock.

Posted by: Anderson Cooper at July 02, 2012 03:19 PM (MMC8r)


You rang?

Posted by: Justass Robert at July 02, 2012 11:22 AM (AWmfW)

129 Whoa!  What happened to my post?

Posted by: Lady in Black - ObamaTaxCare opponent - This means war, bitchez at July 02, 2012 11:22 AM (vOMX+)

130 If I'm not employed, how will I pay the new taxes for Obamacare? The government will give you the money to pay your taxes. Posted by: nickless at July 02, 2012 03:20 PM (MMC8r) ****** That's just the escape hatch Justice Roberts used to say that it is not a capitation tax--and therefore constitutional.

Posted by: tasker at July 02, 2012 11:23 AM (r2PLg)

131 >>The government will give you the money to pay your taxes.

Maybe.  There's a race/gender/age algorithm.

Posted by: HeatherRadish™ at July 02, 2012 11:23 AM (/kI1Q)

132 As opposed to a poll tax which is unconstitutional.

Posted by: tasker at July 02, 2012 11:23 AM (r2PLg)

133

Whats even worse is when they count DEFICIT spending by the Government, as a GOOD thing for the GDP...

 

At least don't count the deficit spending....

 

First rule of Holes.... stop digging...

 

First rule of debt... stop borrowing... unless you are the Feds?

Posted by: Romeo13 at July 02, 2012 11:23 AM (lZBBB)

134 Republicans are talking down the economy? From the ledge?

Posted by: Wall St. About-to Jump at July 02, 2012 11:23 AM (L2p1h)

135 The government will give you the money to pay your taxes.

A joke or the truth.  Who can tell?

Posted by: eleven at July 02, 2012 11:23 AM (KXm42)

136 Help!

I've fallen and I can't get up!

Posted by: The U.S. Economy at July 02, 2012 11:23 AM (7+pP9)

137
.... Pixie....  she be a fickle lover.

Posted by: fixerupper at July 02, 2012 11:23 AM (C8hzL)

138
nood post

Posted by: soothsayer at July 02, 2012 11:23 AM (9Q7Nu)

139

I don't have health insurance.

Posted by: The US Economy at July 02, 2012 11:24 AM (kZVsz)

140
If you go down to the table on the report, you see manufacturer inventories, customer inventories and backlog are all contracting.

Nowadays, that means the word has gone out to supply line management to put the brakes on purchases.  At the same time, prices are dropping rapidly, which means supply is still out-pacing demand.

Which mean next month's number should be even worse.

Posted by: Laurie David's Cervix at July 02, 2012 11:24 AM (kdS6q)

141 Just remember Roberts. When you put a "compassionate conservative (rino squish) in office he appoints people like Roberts. Unless he has some kind of deterrent, Mitt will do the same damn shit. Then, when the chips are down, we get fucked.

Posted by: maddogg at July 02, 2012 11:25 AM (OlN4e)

142

Just think of  what we could have: a robust economy, upward mobility, honest (or at least, semi-honest) politicians who would do what we  the people want done, a judiciary that can actually read and understand the Consititution and act to restrain the power of the government.  All  kinds of good things.

 

And every time I do, I get really depressed.

Posted by: BackwardsBoy at July 02, 2012 11:26 AM (d0Tfm)

143

That's just the escape hatch Justice Roberts used to say that it is not a capitation tax--and therefore constitutional.

 

 

Posted by: tasker at July 02, 2012 03:23 PM (r2PLg)

 

But how did he get past the Employer Penalty?  Whereby by having employees you have to pay a Tax... and that tax is NOT tied in any way to income...

 

And.... as he ruled Companies do have Rights just like individuals (speach at least)...

 

Thus, he just said an Uncapitated DIRECT Tax, is Consitutional...

Posted by: Romeo13 at July 02, 2012 11:26 AM (lZBBB)

144 Boned.

Posted by: that guy that always thinks we're boned at July 02, 2012 11:26 AM (QupBk)

145

Good thing the Green Economy is going to save this economy.

Posted by: Joe Biden, True Believer( That Unicorns Shit Skittles) at July 02, 2012 11:27 AM (L2p1h)

146 I love buttstock.

Posted by: Brick Cooper at July 02, 2012 11:27 AM (MVGKx)

147 Government spending should not be included in GDP numbers. That is the ONLY thing that is keeping the drop in GDP from showing up as catastrophic.


Posted by: Vic at July 02, 2012 02:53 PM (YdQQY)


Your right, but that's how they calculate it. The government could spend 10 trillion, debt limit put aside, and GDP would skyrocket.

Posted by: Adam Smith's Invisible Pimp Hand at July 02, 2012 11:27 AM (ZhEoC)

148 TheyÂ’re not illegal, you just canÂ’t use them.

Oh.  So a .22 then.

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 11:28 AM (8y9MW)

149
COMMODITIES REPORTED UP/DOWN IN PRICE and IN SHORT SUPPLY

Commodities Up in Price

Guar (2); and Natural Gas (2).


Commodities Down in Price

Aluminum; Aluminum Products; Brass Products; Copper; Corn; HDPE; Oils; PET Resin; Plastic Products (2); Polypropylene Resin; Propylene; Soybean Oil; Steel (4); Steel — Carbon Sheet; Steel — Cold Rolled; and Steel — Hot Rolled.


Commodities in Short Supply

Guar is the only commodity reported in short supply.

Note: The number of consecutive months the commodity is listed is indicated after each item.



Yep, bottom falling out of demand.  Also, peak guar.

Posted by: Laurie David's Cervix at July 02, 2012 11:28 AM (kdS6q)

150 I thought "double dipping" was something Anderson Cooper does?

Posted by: andycanuck at July 02, 2012 11:29 AM (nrW1y)

151 "Kinda OT: Rush today was not his ever optimistic self."
=====

Yeah, I noticed this, too. He opened the show by saying he was "scared!" He's convinced that the MFM is now running the SCOTUS, and he's cared. Who can blame him?

Hell, all the talk radio guys seemed unusually discombobulated since Thursday. Prager sounded morose, and Hewitt sounded confused and demoralized.

It's a little unnerving.

Posted by: Kensington at July 02, 2012 11:29 AM (/AHDz)

152 Andrew Wilson, of the American Spectator,  has a great piece up today:

"Undoing Obamacare"  LINK:  http://preview.tinyurl.com/6vyldf7

Excerpt:

'As reported on the front page of this weekend's Wall Street Journal, every one of the health-care industry groups that signed on to Obamacare in 2009 is looking for a way out."

Posted by: mrp at July 02, 2012 11:29 AM (HjPtV)

153 >>>This is not good," said Dan Greenhaus, chief economic strategist at
BTIG, an institutional brokerage. Though the report "does not mean
recession for the broader economy, it is still a terribly weak number."

Being snowed into the mountain pass for the winter without supplies is not good but it doesn't mean we will resort to cannibalism.

Posted by: the Donner party at July 02, 2012 11:29 AM (FU9ql)

154 Commodities in Short Supply

Posted by: North Korea Hardest Hit at July 02, 2012 11:30 AM (MVGKx)

155 Hola from the land of heat and no power. 72 hours without power, another 96 to go. Thank goodness I don't get any news because I couldn't stand another Obama recovery summer. Also, where is Bambi? Thousands are die in the Roanoke civic center and others are turning to cannibalism. I swear if we make it out alive, Shep Smith and Anderson cooper will be crying into their pillows as they bite them. This is roanoke's katrina.

Posted by: MrCaniac at the laundromat at July 02, 2012 11:30 AM (MWCv4)

156 136 As opposed to a poll tax which is unconstitutional. Posted by: tasker at July 02, 2012 03:23 PM (r2PLg) Well, thanks to Justass Roberts, we can tax people for not voting.

Posted by: cajun carrot, down for some SMOD at July 02, 2012 11:31 AM (UZQM8)

157 Means job losses all summer long. The smart money is cutting inventories, trimming payrolls and building cash in the face of the year end tax increases. This number doesn't even fully discount the ObamaCare debacle. Even the possibility of ObamaCare was causing heartburn, but now?

See you on the soup line.

Posted by: Old Dad at July 02, 2012 11:32 AM (Qhz+d)

158

The US Economy admits not having health insurance.....

Have the IRS send it a ta... penalty bill, for taking a free ride on the Government's benevolence.

Posted by: JNancy P-losi at July 02, 2012 11:32 AM (L2p1h)

159 If the Miracle Worker weren't POTUS, we'd have to invent him to BECOME POTUS.

We're so lucky to have him.

*swoon*

Posted by: Andrew Sullivan, "Conservative" "Thinker" at July 02, 2012 11:33 AM (/AHDz)

160 I rule the economy is in a shambles...and a robust recovery!

Posted by: Chief Justice John Roberts at July 02, 2012 11:34 AM (/AHDz)

161 But how did he get past the Employer Penalty? Whereby by having employees you have to pay a Tax... and that tax is NOT tied in any way to income...And.... as he ruled Companies do have Rights just like individuals (speach at least)...Thus, he just said an Uncapitated DIRECT Tax, is Consitutional... Posted by: Romeo13 at July 02, 2012 03:26 PM (lZBBB) ********** To tell you the truth--I stopped reading it at that point and skipped to the Medicaid discussion--I think IV Part A... I haven't revisited it yet....

Posted by: tasker at July 02, 2012 11:34 AM (r2PLg)

162 >>Also, peak guar.

As long as SCOAMF gets his gum to chomp on during meetings with other heads of state, it's all good, right?

Posted by: HeatherRadish™, getting the Nork groove of things at July 02, 2012 11:35 AM (/kI1Q)

163 I'm getting a real bad feeling about all this.

Posted by: The Chicken at July 02, 2012 11:36 AM (Mtcin)

164 Obama to Anderson Cooper: No shrinkage here!

Posted by: Cricket at July 02, 2012 11:37 AM (DrC22)

165

Coming to America via Obamacare?

Man who died from dehydration in hospital rang police for a drink of water


 

The thing that I found most depressing about that story, and indeed about all these awful neglect stories from the NHS, is that the loved ones of the victims never    seemed to DO anything to prevent the tragedy.  In the case of this poor young man, the mother trusted the doctors and nurses to do their jobs, even when they'd proven they were utterly incompetent.   If it had been most Americans, we would have gotten the young man water OURSELVES.      We would have been at the front desk demanding a doctor.   We would have been furious whirlwinds until someone paid attention to us.  We would have called the newspapers and the television news and the local radio stations until someone paid attention.  

 

But in every socialized    healthcare nightmare story I read, the victims and the families of the victims sound like drones.   They appear to have little to no agency in their own well-being.   They're zombies,   tied to the premise that the doctors and nurses know more than they do and will take care of them properly,    despite any and all evidence to the contrary.    

 

The fact that this young man actually took the steps of calling the police    to try and save himself    is    pretty shocking.    The fact that it apparently didn't make any difference whatsoever is not.

Posted by: MWR, Proud Tea(rrorist) Party Hobbit and ABO Supporter at July 02, 2012 11:37 AM (4df7R)

166 Is Anderson Cooper still happy ?

Posted by: Islamic Rage Boy at July 02, 2012 11:44 AM (e8kgV)

167 170-

Absolutely correct. We went through brain surgery with a loved one at Johns Hopkins. We kept at least two people there at all times and still had trouble getting the basic needs taken care of. We had to raise holy hell to keep him alive.

Do not ever put all your trust in an institution of any kind. Never leave a loved one alone in the hospital for long. Do not be silent.

Posted by: the Donner party at July 02, 2012 11:44 AM (FU9ql)

168

"Actually, I need a good home defense shotgun for my wife. The 12 gauge 870 is a little big for her (she can't get comfortable holding it), but she's afraid of tactical shotguns."

 

A youth model semiauto 20 ga. like the Remington 1100 may be the ticket.  Less punishing load, recoil soaked up by the  semiauto action, and a shorter  length of pull on the stock that may fit her better.  Heck, they may even sell those at Wal Mart.

 

 

 

 

Posted by: Jaws at July 02, 2012 11:45 AM (4I3Uo)

169 Remington has a youth pump 20 guage with 21" barrel and synthectic stock

Posted by: The Jackhole at July 02, 2012 11:51 AM (nTgAI)

170 The thing that I found most depressing about that story, and indeed about all these awful neglect stories from the NHS, is that the loved ones of the victims never seemed to DO anything to prevent the tragedy. In the case of this poor young man, the mother trusted the doctors and nurses to do their jobs, even when they'd proven they were utterly incompetent. If it had been most Americans, we would have gotten the young man water OURSELVES. We would have been at the front desk demanding a doctor. This is why socialized healthcare aint' gonna go well over here. We are too used to getting the best hospitals, treatment, &c. We are also more likely then not to go to any length to save peoples lives... something that the Europeans won't. The left will blame "corporations" over this, and use it as an excuse to gain more power. Even in a single-payer system, they'll still blame "corporations." That is what the left always does. Our great task is to but truth to their lies.

Posted by: The Political Hat at July 02, 2012 11:52 AM (XvHmy)

171 BTW, thank you Comrade Arthur for the article in the sidebar about this.

Posted by: The Political Hat at July 02, 2012 11:53 AM (XvHmy)

172 A regular 20 gauge shotgun would be fine. Get one with no choke and use 4 or 6 shot.

Posted by: Vic at July 02, 2012 11:58 AM (YdQQY)

173 54 I still want a Slublog Demotivator (well, anyone really, but Slublog is the one I can think of off hand) of the Death Star destroying Alderaan with the caption: "OBAMA: focused like a laser on the economy."

Posted by: AllenG (Dedicated Tenther) Channelling Breitbart at July 02, 2012 02:59 PM (8y9MW)


How about this:

http://tinyurl.com/czoe7yz  (img)

http://tinyurl.com/cssss9p (tumblr)



Posted by: Tonic Dog at July 02, 2012 12:20 PM (X/+QT)

174 ^^
http://tinyurl.com/czoe7yz

or

http://tinyurl.com/cssss9p

Posted by: Tonic Dog at July 02, 2012 12:23 PM (X/+QT)

175 MOAR LEECHES!

Posted by: president killed bin laden at July 02, 2012 12:52 PM (QupBk)

176 I am not by nature either a violent or a confrontational person, but, just a bit ago, I was in line in a drive thru behind a late model van with an OBAMA/BIDEN bumper sticker on the very back glass. I found myself daydreaming thinking how much I would enjoy removing that sticker with a well placed blow from a baseball bat. I don't even own a bat and I would never, ever do it. But, that is how deep the divide is now--a peaceful, law abiding woman who will turn 62 next week wanting to shatter the glass on another woman's car just because she is stupid enough to still sport an obama/biden sticker. I wish I could say the impulse shamed me, but, sadly, it did not.

Posted by: Will Not Assimilate For Food at July 02, 2012 01:40 PM (kXoT0)

177 Obama is a stuttering clusterf*ck of a miserable failure.

Posted by: steevy at July 02, 2012 02:26 PM (Xb3hu)

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