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Red Blooded American
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15,853 Posts
Discussion Starter #1
Our president insists we are in "full recovery" but if you ask the American workforce, you'd quickly see it's just another lie.

Real Employment.jpg
 

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115 Posts
The mess keeps getting bigger and bigger

I don't disagree with the numbers or anything but actually the chart is a little skewed in Obama's favor. The period from Feb-2013 to Dec-2013 takes up a disproportional amount of space on the X axis. If the timeline at the bottom were proportional, it would show that the real decline is significantly steeper than the chart currently indicates. No insult to you Doc, I know just passed it on to us.
 

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Marine Organism
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12,743 Posts
No way!!! I just heard Obama the other day say our country is in a better place, more people have health care, are employed, and our economy was doing better. You know he'd never lie!!! :shock:

He also caught Osama and made gas prices go down!!! :)eh:)
 

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83 Crusader - 468 BBC
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2,525 Posts
:))THumbsUp Good Read wolfie....... when you step outside of Obama's fabricated "economic stimulus", (which only stimulated his cronies) the reality of our economy's well being is like a jet flying on "cheap sub-standard fuel"..... a crash in the making......but it is Bush's vault for leaving us in this mess :rolleyes:
 

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Premium Member
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541 Posts
Are We Better Off?

No way!!! I just heard Obama the other day say our country is in a better place, more people have health care, are employed, and our economy was doing better. You know he'd never lie!!! :shock:

He also caught Osama and made gas prices go down!!! :)eh:)
In addition to what you have mentioned, Obama has stated that "Race Relations" are now better because of his policies!
Right.........
 

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Unless your sucking off the tit of the US government or have Government contracts, or are in a business, that has Government regulations involved, that the small business man, must abide by . THE Economy STINKS.
 

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Living in a cage of fear
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16,462 Posts
In addition to what you have mentioned, Obama has stated that "Race Relations" are now better because of his policies!Right.........
They are better, to Obamas definition. Mayhem and division are his goal, after all.
 

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Urban Cougar Trapper
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976 Posts
Let me throw this little scenario in the mix....
i work in oilfields and it's good but since our ball less Gov won't stand up to OPEC and put sanctions on Arab countries when they dump oil prices to the point it cripples our economy we are all fucked
my point as follows ....told there will be a 60% drop in rig count by mid 2015 Major players , Halliburton ,Schlumberger,Baker,Weatherford etc have dumped billions into new offices,yards ,facilities, equip etc that is BRAND NEW ...so now we have a crash ? Just as the train starts rolling good ! Who financed all this ?
NOW we have all the mom and pop local guys who have way overextended themselves at banks on loans to get into the oilfield support equip businesses , trucking,cleaning,catering ,etc...
Local businesses, Walmarts,HEB,Academy etc...have built new stores in remote towns to accommodate workers and needs , oilfield dies ,they die..

And land owners who now have royalty checks coming in have built new homes ,(More like mansions ) barns , bought equip etc.. Using royalties and property as collateral ...production stops , money coming in stops ...banks get left holding astronomical amounts of debt

if it slows as rapidly and to the extent some analysts are predicting? ALL of us better hold onto your nuts .....they might be all you have left.
This will not just effect the oilfields , it will start an economic domino collapse affecting everything from , stores, automakers ,housing, you name it this time around
 

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Living in a cage of fear
Joined
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16,462 Posts
Let me throw this little scenario in the mix....
i work in oilfields and it's good but since our ball less Gov won't stand up to OPEC and put sanctions on Arab countries when they dump oil prices to the point it cripples our economy we are all fucked
my point as follows ....told there will be a 60% drop in rig count by mid 2015 Major players , Halliburton ,Schlumberger,Baker,Weatherford etc have dumped billions into new offices,yards ,facilities, equip etc that is BRAND NEW ...so now we have a crash ? Just as the train starts rolling good ! Who financed all this ?
NOW we have all the mom and pop local guys who have way overextended themselves at banks on loans to get into the oilfield support equip businesses , trucking,cleaning,catering ,etc...
Local businesses, Walmarts,HEB,Academy etc...have built new stores in remote towns to accommodate workers and needs , oilfield dies ,they die..

And land owners who now have royalty checks coming in have built new homes ,(More like mansions ) barns , bought equip etc.. Using royalties and property as collateral ...production stops , money coming in stops ...banks get left holding astronomical amounts of debt

if it slows as rapidly and to the extent some analysts are predicting? ALL of us better hold onto your nuts .....they might be all you have left.
This will not just effect the oilfields , it will start an economic domino collapse affecting everything from , stores, automakers ,housing, you name it this time around
Yep, and their leverage is the dollar a gallon at the pump everyone is gloating about.
Its not a good thing.
 

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Urban Cougar Trapper
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976 Posts
( And land owners who now have royalty checks coming in have built new homes ,(More like mansions ) barns , bought equip etc.. Using royalties and property as collateral ...production stops , money coming in stops ...banks get left holding astronomical amounts of debt )This is what scares me the most , are they Actually TRYING to get things to collapse where to the point Gov & Banks take over assets by default and then would control oil futures ?
 
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