01-29-2013 05:53 AM
mauser wrote:
It should be obvious that the dollar is being weakened by the Fed's monetary policy.
Yeah, the true value of the dollar is seen by the price of gold. And it's a pretty scary picture.
But that doesn't fix trade anyway. You still have to have something to sell, and Obama has worked very hard to make sure no one will invest in manufacturing in the US. Has he done this on purpose, or is he economically incompetent (or both)? It's been the question for 4 years now, I still don't know.
01-29-2013 05:55 AM
yumpy wrote:
Hoppy Shimko wrote:
TIMKEYS wrote:Obama voters are too stupid for the most part to understand obama policy is killing the dollar.
LIl BOMb BOm and teh MOOOOOOOOOChie will eat chiilens and give mUZZIE LOVE to teh PLuggy bark baRk bArk !!! with teh golf mittens
say what?
can u repeat that?
He thinks he's funny. Don't encourage him.
01-29-2013 06:08 AM - edited 01-29-2013 06:10 AM

Obama haters will hate this chart above, too. It points to their fallacious arguments in this thread.
Now here is a very interesting chart. It is global in scope. Our growth rate is just only slightly ahead of inflation, Compared to European countries we are fairing better than most.

Everyone is obsessed with China's growth rate, but when you factor in their interest rates, the unemployment rate and the inflation rates there, they really aren't doing so well in comparison to the US.
But please disregard.
The sluggish world economic situation we are mired in is all Obamao's fault, no matter what facts get in the way.
For god's sake, people- he's a black guy.
01-29-2013 06:20 AM
I swear, the righties here must believe that Obama is all powerful - he controls everything from oil prices to the world economy..... no amount of actual data will sway them
RogueGnome wrote:
Obama haters will hate this chart above, too. It points to their fallacious arguments in this thread.
Now here is a very interesting chart. It is global in scope. Our growth rate is just only slightly ahead of inflation, Compared to European countries we are fairing better than most.
Everyone is obsessed with China's growth rate, but when you factor in their interest rates, the unemployment rate and the inflation rates there, they really aren't doing so well in comparison to the US.
But please disregard.
The sluggish world economic situation we are mired in is all Obamao's fault, no matter what facts get in the way.
For god's sake, people- he's a black guy.
01-29-2013 06:36 AM - edited 01-29-2013 06:37 AM
Used2BMarkoh wrote:But that doesn't fix trade anyway. You still have to have something to sell, and Obama has worked very hard to make sure no one will invest in manufacturing in the US. Has he done this on purpose, or is he economically incompetent (or both)? It's been the question for 4 years now, I still don't know.
Now you're talking, Used2BMarkoh.
Who is buying all of our GDP? Who is buying our exports?
I guess you never heard of GM and Chrysler and Ford.
Auto exports from U.S. on the upswing
Domestic automakers are feeling bullish on exports, as well. "While GM's operating philosophy is to produce where we sell, we still have a substantial export business," said spokesman Brian Goebel. "In 2011, we exported more than 275,000 vehicles, and our exports have grown substantially over the past five years."
Other automakers exporting from the U.S.:
•Mercedes-Benz's plant in Tuscaloosa County, Ala., built 148,092 SUVs last year, says communications manager Felyicia Jerald, and nearly two-thirds were exported to more than 130 countries.
•Jeep is Chrysler Group's "truly global brand," says spokeswoman Michelle Callendar, and foreign sales were 172,849 in 2011, up 17% from 2010. Most of those were exported from the U.S.
U.S. auto exports, which have been helped by both the restructuring of Detroit and the dollar's favorable exchange rates, especially against the euro and the Japanese yen. In 2011, the U.S. exported 895,976 vehicles to markets outside of North America, more than double the number from 2009.
Years ago, the three Detroit auto makers exported few cars from North America, and at times imported some European models to the U.S. Their Japanese and European rivals made vehicles here but still imported many to the U.S. from their home countries.
Please continue to spin, Used2BMarkoh. (Makes you look super-smart.)
01-29-2013 06:53 AM
Well, sure, that's what's saving us right now. If there were good places to invest and the globe stopped buying treasuries at close to zero interest rates, we'd be toast.
RogueGnome wrote:
Obama haters will hate this chart above, too. It points to their fallacious arguments in this thread.
Now here is a very interesting chart. It is global in scope. Our growth rate is just only slightly ahead of inflation, Compared to European countries we are fairing better than most.
That's apples and oranges, really. These things may limit their (india & china) growth, but the current growth rate includes these factors. They are still way behind US/EU in absolute terms, but gaining fast.
Everyone is obsessed with China's growth rate, but when you factor in their interest rates, the unemployment rate and the inflation rates there, they really aren't doing so well in comparison to the US.
Sigh. Always the same song with Obama butt kissers, but we're not all in 5th grade. Some of us don't really care whose fault it is. We want somebody who can do something to help, and that's not Obama.The sluggish world economic situation we are mired in is all Obamao's fault, no matter what facts get in the way.
01-29-2013 06:56 AM
RogueGnome wrote:
Used2BMarkoh wrote:But that doesn't fix trade anyway. You still have to have something to sell, and Obama has worked very hard to make sure no one will invest in manufacturing in the US. Has he done this on purpose, or is he economically incompetent (or both)? It's been the question for 4 years now, I still don't know.
Now you're talking, Used2BMarkoh.
Who is buying all of our GDP? Who is buying our exports?
I guess you never heard of GM and Chrysler and Ford.
Auto exports from U.S. on the upswing
Domestic automakers are feeling bullish on exports, as well. "While GM's operating philosophy is to produce where we sell, we still have a substantial export business," said spokesman Brian Goebel. "In 2011, we exported more than 275,000 vehicles, and our exports have grown substantially over the past five years."
Other automakers exporting from the U.S.:
•Mercedes-Benz's plant in Tuscaloosa County, Ala., built 148,092 SUVs last year, says communications manager Felyicia Jerald, and nearly two-thirds were exported to more than 130 countries.
•Jeep is Chrysler Group's "truly global brand," says spokeswoman Michelle Callendar, and foreign sales were 172,849 in 2011, up 17% from 2010. Most of those were exported from the U.S.
U.S. auto exports, which have been helped by both the restructuring of Detroit and the dollar's favorable exchange rates, especially against the euro and the Japanese yen. In 2011, the U.S. exported 895,976 vehicles to markets outside of North America, more than double the number from 2009.
Years ago, the three Detroit auto makers exported few cars from North America, and at times imported some European models to the U.S. Their Japanese and European rivals made vehicles here but still imported many to the U.S. from their home countries.
Please continue to spin, Used2BMarkoh. (Makes you look super-smart.)
So do we have a trade imbalance or not? I'm responding to the OP, are you claiming it's bogus?
01-29-2013 07:24 AM
Used2BMarkoh wrote:So do we have a trade imbalance or not? I'm responding to the OP, are you claiming it's bogus?
No, I'm not claiming it is bogus. And that was simply another redirect (spin tactic) Used2BMarkoh.
I was responding to your statement, Used2BMarkoh.
" Obama has worked very hard to make sure no one will invest in manufacturing in the US."
I guess he just hasn't been working hard enough to that end insofar as our exports, including manufacturing, are growing and manufacturers are encouraged with the progress.
01-29-2013 07:31 AM
Big_Conig wrote:We'll have to use beads to pay for stuff when we all live in the FEMA camps after they take our guns.
You forgot that the black helicopters will need to get their fuel from candy that has been confiscated from babies.
01-29-2013 07:36 AM
So, have we heard the name of this mysterious top Obama Official, or is it just some senior who officially hates the president?
01-29-2013 07:59 AM
01-29-2013 08:03 AM
tape wrote:
3 pages and no name yet.
:facepalm:
What do you mean? It was:
Señor Whitehouse O'fficial (Just another one of Obama's Latino appointments...)
01-29-2013 08:05 AM
Long Crapper wrote:The Daily Sheeple
Jan 28, 2013Kyle Bass, who knows a thing or two about economics and finance, recently spoke to a senior member of the Obama administration about their planned solutions for fixing the U.S. economy and trade deficit.
The answer shouldn’t surprise you.
When I asked a senior member of the Obama administration last week, ‘How are we going to grow exports if we won’t allow nominal wage deflation?’
He says, ‘we’re just going to kill the dollar.’
That worried me.
So, that the only answer.
It’s a dead answer.
But, that’s where we’re headed.
Long Crapper believes everything he reads, so long as it's from a spurious source.
01-29-2013 08:48 AM
Mossy Mossy Moss wrote:
Long Crapper believes everything he reads, so long as it's from a spurious source.
Looks like a video to me.
01-29-2013 08:57 AM
Used2BMarkoh wrote:
Mossy Mossy Moss wrote:
Long Crapper believes everything he reads, so long as it's from a spurious source.
Looks like a video to me.
Thank you, he also believes everything he watches, again, so long as it's from a spurious source.
01-29-2013 09:11 AM
Obama doesn't care about the economy. Destroying the dollar is one of his goals.
01-29-2013 09:22 AM
tequila_titan wrote:Obama doesn't care about the economy. Destroying the dollar is one of his goals.
Its the easiest way to a fascism. Combine that with disarming the public and you have a clean path forward.
01-29-2013 09:23 AM
tequila_titan wrote:Obama doesn't care about the economy. Destroying the dollar is one of his goals.
Dance for me, whiskey tits
01-29-2013 09:28 AM - edited 01-29-2013 09:37 AM
Mossy Mossy Moss wrote:
tequila_titan wrote:Obama doesn't care about the economy. Destroying the dollar is one of his goals.
Dance for me, whiskey tits
It's all part of his "fundamental transformation" of America. You have to destroy it first. Liberals know it too, they just deny it.
01-29-2013 09:37 AM
tequila_titan wrote:
Mossy Mossy Moss wrote:
tequila_titan wrote:Obama doesn't care about the economy. Destroying the dollar is one of his goals. Liberals know it too, but just deny it.
Dance for me, whiskey titsIt's all part of his "fundamental transformation" of America. You have to destroy it first.
I said dance, whiskey tits. Save the conspiracy theories for ancient aliens hour.
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