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US economy shrinks a surprise
0.1% in fourth quarter
BBC [UK], by Staff
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Original Article
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Posted By:Attercliffe, 1/30/2013 11:13:38 AM
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| The US economy unexpectedly shrank at an annualised rate of 0.1% in the fourth quarter of 2012, initial official estimates indicate. If confirmed, it would be the first contraction logged by the US economy since the 2009 global recession. The world´s largest economy grew 3.1% in July to September. The fourth quarter period was dominated by the "fiscal cliff"--the spending cuts and tax rises that had been due to come into force from 1 January. These were avoided by a last-minute deal between the Republican-dominated Congress and the White House. However, economists warned at the time that
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Comments:
How many of you think it will be revised to higher than 0.1%?
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Reply 1 - Posted by:
Question_Assumptions, 1/30/2013 11:19:29 AM (No. 9148482)
How many times does someone need to be "surprised" by news like this before they lose all credibility on economic matters? Are they also surprised that water is wet, fire is hot, and ice is cold?
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Reply 2 - Posted by:
lylacat, 1/30/2013 11:21:20 AM (No. 9148489)
And the ignorant democrats are saying this is a really good shrinkage; the best one they have seen. What is wrong with these people? Why can´t they pass a viable budget and just stop spending? The arrogance of the dem´s is appalling.
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Reply 3 - Posted by:
chicodon, 1/30/2013 11:22:20 AM (No. 9148492)
Not to worry. It´s the new norm.
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Reply 4 - Posted by:
Grambo, 1/30/2013 11:26:08 AM (No. 9148506)
Unexpectedly.
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Reply 5 - Posted by:
King of all trolls, 1/30/2013 11:27:29 AM (No. 9148508)
And on the news the DOW is up 350pts...
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Reply 6 - Posted by:
wilarrbie, 1/30/2013 11:30:24 AM (No. 9148518)
Media works overtime like a cat in the litter box covering the unpleasantness of Obamas´ economic failures. When the stink rises to nostrils of inevitability - they are stunned by "Unexpected" bad results.
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Reply 7 - Posted by:
uno, 1/30/2013 11:40:15 AM (No. 9148552)
#2 - Ignorance? Nope. They know full well what they´re doing. It´s deliberate. The ignorance is on the part of their dependent voter base.
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Reply 8 - Posted by:
horacer, 1/30/2013 11:45:41 AM (No. 9148558)
The spin is going to be unbearable. A lot of economic activity was moved up because of the fiscal cliff. Fear of higher taxes and elimination of tax credits. That activity would have taken place 1st QTR of this year, not now. And still we have a report that´s horrid. Exports tanked. Personal spending over the holidays flatlined. If you read Market-Ticker this wasn´t unexpected.
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Reply 9 - Posted by:
Topic Thunder, 1/30/2013 12:05:00 PM (No. 9148592)
You vote to destroy the economy and, what a surprise, it gets destroyed.
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Reply 10 - Posted by:
strike3, 1/30/2013 12:10:53 PM (No. 9148602)
When you see the price of a gallon of gasoline go from 2.95 to 3.65 in the same month, you know she´s about to blow. I don´t know how the government has kept the lid on things this long. Well, yes I do, constant lies fed to the national propaganda tool known as the MSM. Joseph Goebbels would be proud.
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Reply 11 - Posted by:
dman, 1/30/2013 12:12:54 PM (No. 9148607)
Now that the election is over ..
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Reply 12 - Posted by:
Mr. Hanky, 1/30/2013 12:22:04 PM (No. 9148629)
"Unexpectedly"
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Reply 13 - Posted by:
sw penn, 1/30/2013 12:37:23 PM (No. 9148665)
Isn´t it marvelous
to live in a country that allows you
to actually vote between the
quick national suicide of the big government communist democrats
and
the slow national suicide of the big government socialist republicans?
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Reply 14 - Posted by:
NYBruin, 1/30/2013 12:40:33 PM (No. 9148673)
Imagine the difference in this story had Romney been elected. He would be dubbed the 21st Centruty´s Herbert Hoover for starters. . .
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Reply 15 - Posted by:
pictish, 1/30/2013 2:21:50 PM (No. 9148856)
Only the "learned Intellegensia" are surprised that a continued suppression of the rights of the people cause just such a result. Also I won´t be surprised if the estimate gets lowered next month.
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Below, you will find ...
Most Recent Articles posted by "Attercliffe"
and
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Most Recent Articles posted by "Attercliffe"
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Obama enjoys ´sequester soul concert´
at White House amid massive budget
cuts and government worker furloughs
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Business Insider, by Staff
Original Article
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Posted By: Attercliffe- 4/10/2013 4:24:28 AM
Post Reply
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The sequester may have many across the country singing the blues, but for President Obama, it was all about Memphis Soul. Even with the threat of furloughs and government cuts sparked by the sequester, Obama took the time to enjoy a star-studded concert at the White House tonight. The White House celebration of Memphis Soul music in the East Room--which included special guest appearances by Queen Latifah and Justin Timberlake--is likely to rile Obama´s Republican foes. Some conservatives have called on Obama to give up golf, especially since popular public tours of the White House have been canceled because of
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Sexting scandal congressman Anthony
Weiner is rumored to be about to
join the race to become New
York´s next mayor
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Daily Mail [UK], by Katie Davies
Original Article
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Posted By: Attercliffe- 4/10/2013 4:04:31 AM
Post Reply
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Disgraced former Congressman Anthony Weiner, whose career was destroyed after embarrassing sexts he sent to young women leaked online, is rumored to be planning a bid to run as New York mayor this year, according to reports today. Numerous sources claim Weiner, the Brooklyn congressman forced to step-down amid the embarrassing scandal in 2011, is about to make his entry into the race and put himself in contention for the Democratic Party primary. The New York Post today claims that Weiner is laying the foundations for a comeback after agreeing to a lengthy interview in the New York Times with
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Activists dancing on Thatcher´s grave are
playing the roles she wrote for them
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Telegraph [UK], by Richard Spencer
Original Article
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Posted By: Attercliffe- 4/10/2013 3:54:05 AM
Post Reply
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The most successful politicians write their own obituaries. I have read a number of Baroness Thatcher´s today and wondered whether the writers would be surprised if they were told she would probably agree with most of what was written, even in the Left-of-centre outlets. This is because successful politicians so dominate the debate on the issues they care about--which were many, in Thatcher´s case--that they determine the course of the argument including the response from opponents. They do this by defining themselves in the public imagination by what they are against rather than what they are for, and leaving only
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North Korean army ´split´
over Kim Jong-un
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Telegraph [UK], by Malcolm Moore
Original Article
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Posted By: Attercliffe- 4/10/2013 3:43:30 AM
Post Reply
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North Korea´s army was deeply split over whether to accept the command of Kim Jong-un, a former officer has revealed, giving a possible clue to the tensions lying behind the young leader´s calls to war. First Lieutenant Kim, 42, said he had been forced to flee North Korea after he murdered a rival officer as the factions within his army unit battled for control. "I killed a three-star company commander, the same rank as me," he said. "He was the head of the faction supporting Kim Jong-un. There were two fights. In the first fight, they surrounded us
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Things must be bad... Obama´s CHEF
could be on the chopping block
as deep budget cuts take effect
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Daily Mail [UK], by Beth Stebner
Original Article
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Posted By: Attercliffe- 4/10/2013 2:48:08 AM
Post Reply
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Looks like there are too many cooks in the White House kitchen. White House assistant chef Sam Kass, who cooks weekly for President Obama, said Tuesday that he is facing a furlough brought about by crippling federal budget cuts. The chef, who is also the president’s senior nutrition policy adviser, is one of nearly 500 White House employees who are expected to receive furlough notices because of the so-called sequester. Speaking with food reporters Tuesday, Mr Kass said: ‘We’re being furloughed,’ according to Reuters. A White House spokesman who accompanied Kass to the press briefing declined to comment on the
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Dancing on Maggie´s grave:
How the Left ´celebrated´ Baroness
Thatcher´s death with smashed
shops and anarchy in the streets
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Daily Mail [UK], by Jill Reilly
Original Article
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Posted By: Attercliffe- 4/9/2013 7:49:12 AM
Post Reply
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Hundreds took to the streets as macabre ‘Thatcher death parties’ were held late into the night across the country, organised by critics of the ´Iron Lady.´ Smashed shop windows, paint bombs and police being attacked were all consequences of the Left´s sick ´celebration´ of Baroness Thatcher´s death. In Brixton, south London, riot police were deployed as the crowds, which had been drinking since 5pm, started to become more aggressive smashing shop fronts and throwing paint bomb. In Liverpool, flares and fireworks were set off outside Lime Street Station by revellers, while in Bristol, seven police officers were injured--one seriously--as violence
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Lady Thatcher was a statesman. Blair
and Cameron are mere politicians
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Telegraph [UK], by James Delingpole
Original Article
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Posted By: Attercliffe- 4/8/2013 10:16:31 PM
Post Reply
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Cometh the hour cometh the man. (Or woman). Except it´s not always true, is it? In 1940 we had Winston Churchill. In 1979 we had Margaret Thatcher. But I´m not sure even the most generous apologists for our current Prime Minister would bracket David Cameron in quite the same category. [Snip] One of the key differences between the two lies in their attitude to personal popularity. To the politician it matters greatly, for the primary aim of the politician is to gain and maintain power at regardless of what cost to his principles. To the statesman, however, the political process
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Mark Sanford slams 1st Congressional
District rival Elizabeth Colbert Busch
on Clemson stimulus money
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Post & Courier [Charleston, SC], by Schuyler Kropf
Original Article
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Posted By: Attercliffe- 4/8/2013 1:59:44 PM
Post Reply
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Republican congressional candidate Mark Sanford slammed the 2009 federal stimulus package that went to Clemson University’s wind turbine effort--where Democrat rival Elizabeth Colbert Busch is employed--as bad public policy and a poor return on the taxpayers’ investments. By Sanford’s math and reading of Obama administration stimulus allocation figures, the Wind Turbine Drivetrain Testing Facility received $43 million and “created or saved” an estimated 134 jobs. When divided, the numbers calculate to more than $320,000 per job, Sanford said. Sanford’s comments came during a visit to a Mount Pleasant branch of Lyerly’s Cleaners, where he carried in a load
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
Post Reply
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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Margaret Thatcher dies
of stroke aged 87
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Telegraph [UK], by Gordon Raynor, Steven Swinford
Original Article
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Posted By: Attercliffe- 4/8/2013 8:46:23 AM
Post Reply
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Baroness Thatcher, Britain´s greatest post-war prime minister, has died at the age of 87 after suffering a stroke, her family has announced. Her son, Sir Mark, and daughter Carol confirmed that she died this morning. Lord Bell, her spokesman, said: "It is with great sadness that Mark and Carol Thatcher announced that their mother Baroness Thatcher died peacefully following a stroke this morning.A further statement will be made later." [Snip] She will go down in history not only as Britain´s first female prime minister, but as the woman who transformed Britain´s economy in addition to being a formidable rival
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An English class for trolls, professional
offence-takers and climate activists
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Telegraph [UK], by James Delingpole
Original Article
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Posted By: Attercliffe- 4/7/2013 10:38:34 PM
Post Reply
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Should Michael Mann be given the electric chair for having concocted arguably the most risibly inept, misleading, cherry-picking, worthless and mendacious graph--the Hockey Stick--in the history of junk science? Should George Monbiot be hanged by the neck for his decade or so´s hysterical promulgation of the great climate change scam and other idiocies too numerous to mention? Should Tim Flannery be fed to the crocodiles for the role he has played in the fleecing of the Australian taxpayer and the diversion of scarce resources into pointless projects like all the eyewateringly expensive desalination plants built as a result of his
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The most shocking news
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Original Article
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Posted By: magnante- 4/9/2013 11:49:09 AM
Post Reply
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The murder trial of abortionist Kermit Gosnell largely is being ignored by the mainstream media, even in the face of grisly testimony, such as what we heard yesterday. Life News reports: ...a former employee described how she heard a baby scream during a live-birth abortion. Abortion clinic employee Sherry West described an incident which "really freaked (her) out" and related to the jury how she heard a child who was born alive following an abortion scream.
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Obama says he´s ´determined
as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
Post Reply
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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´Mickey Mouse Club´ star
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
Post Reply
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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White House: Planned GOP
gun filibuster cowardly
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Washington Times, by Dave Boyer
Original Article
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
Post Reply
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM
Post Reply
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President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an
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Updated: White House, McCain
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
Post Reply
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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Why Is White House
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Investor´s Business Daily, by Rep, Dana Rohrbacher
Original Article
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Posted By: Desert Fox- 4/8/2013 7:13:10 PM
Post Reply
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More than six months since Ambassador Christopher Stevens was assassinated by terrorists in Benghazi, the Obama administration is still trying to keep a lid on information about the attack. Congress and the American people need to know what happened the night of Sept. 11, 2012. Who did the killing and what was their motive? Why wasn´t help sent? And why did the administration lie about who was responsible? Members of Congress have asked hundreds of questions at hearings conducted by several investigative committees, but many of the most significant have been left unanswered. Information detailing what happened before, during and
Headline corrected.
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Obama enjoys ´sequester soul concert´
at White House amid massive budget
cuts and government worker furloughs
|
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Business Insider, by Staff
Original Article
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Posted By: Attercliffe- 4/10/2013 4:24:28 AM
Post Reply
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The sequester may have many across the country singing the blues, but for President Obama, it was all about Memphis Soul. Even with the threat of furloughs and government cuts sparked by the sequester, Obama took the time to enjoy a star-studded concert at the White House tonight. The White House celebration of Memphis Soul music in the East Room--which included special guest appearances by Queen Latifah and Justin Timberlake--is likely to rile Obama´s Republican foes. Some conservatives have called on Obama to give up golf, especially since popular public tours of the White House have been canceled because of
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The World-Changing Margaret Thatcher
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Wall Street Journal, by Paul Johnson
Original Article
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Posted By: Desert Fox- 4/8/2013 8:21:53 PM
Post Reply
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Margaret Thatcher had more impact on the world than any woman ruler since Catherine the Great of Russia. Not only did she turn around—decisively—the British economy in the 1980s, she also saw her methods copied in more than 50 countries. "Thatcherism" was the most popular and successful way of running a country in the last quarter of the 20th century and into the 21st. Her origins were humble. Born Oct. 13, 1925, she was the daughter of a grocer in the Lincolnshire town of Grantham. Alfred Roberts was no ordinary shopkeeper.
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Obamacare architect Rockefeller:
It´s ´beyond comprehension´
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Washington Examiner, by Paul Bedard
Original Article
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Posted By: Drive- 4/10/2013 7:17:19 AM
Post Reply
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West Virginia Democratic Sen. Jay Rockefeller, one of the towering architects of Obamacare, on Tuesday openly criticized program managers for not moving quickly enough to build the system, warning that if it gets off to a bumpy start it will just get worse. Decrying the Patient Protection and Affordable Care Act as way too complex, he warned the acting Medicare director that Obamacare is "so complicated and if it isn´t done right the first time, it will just simply get worse."
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Poll: Obama underwater on
guns, immigration, deficit
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Politico, by Donovan Slack
Original Article
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Posted By: Dreadnought- 4/8/2013 10:17:29 PM
Post Reply
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A new CNN/ORC International poll found President Obama´s overall approval rating has ticked up to 51 percent but ratings have fallen on his handling of the key issues on his agenda: immigration, guns, and the deficit. On immigration, 44 percent approve of the way he is handling the issue, down from 51 percent in January. At the same time, disapproval has jumped to 50 percent, up from 43 percent in January. On guns, 45 percent approve and 52 percent disapprove, the poll found. In January, 46 percent approved and 49 percent dispproved. And on the deficit, 38 percent approve
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PETA Plans to Fly Drones That Would ´Stalk Hunters´
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US News & World Report, by Jason Koebler
Original Article
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Posted By: mickturn- 4/8/2013 4:42:08 PM
Post Reply
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People for the Ethical Treatment of Animals is actively shopping for a drone that would "stalk hunters," the organization said Monday. The group says it will "soon have some impressive new weapons at its disposal to combat those who gun down deer and doves" and that it is "shopping for one or more drone aircraft with which to monitor those who are out in the woods with death on their minds."
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