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  • Second Quarter 2018 GDP

    by coldwarrior ( 65 Comments › )
    Filed under Economy, Open thread at June 28th, 2018 - 8:53 am

    Atlanta Fed lowers U.S. second quarter GDP view to 4.5 percent

    Do note how those little shits worded that headline.

    Anyway, calling all NeverTrumpers!!! How is he going to wreck the economy again? Please, do explain.

    Comments

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    65 Responses to “Second Quarter 2018 GDP”
    ( jump to bottom )

    1. 1 | June 28, 2018 9:06 am

      Oh dear… Globull warming is back…

      https://twitter.com/DrGrey91721741/status/1012320827314880512


    2. eaglesoars
      2 | June 28, 2018 9:08 am

      from downstairs

      I’m confused. Yesterday the Atlanta Fed came out w/2Q predictions of over 4% GDP, now 1St Q numbers are final and it’s TWO PERCENT. Maria has Greenspan on and altho I can’t understand everything he’s saying (weak voice) he seems to be predicting around 1% in 2019-20 and it has something to do w/demographics.


    3. 3 | June 28, 2018 9:50 am

      The Wray Rosenstein Kabuki Theater is now in session.

      https://www.youtube.com/watch?v=j2muF17VuSs


    4. 4 | June 28, 2018 1:30 pm

      Are the Democrats the dead party walking?


    5. RIX
      5 | June 28, 2018 1:59 pm

      @ doriangrey:
      Rosenstein is channeling Sgt Shultze, “I know noting, nooooting.”


    6. eaglesoars
      6 | June 28, 2018 3:30 pm

      I just found out about this and wanted to be sure to pass it on. It may not apply to you based on your circumstances, but if it does, it’s free money.

      ever heard about ‘restricted application’ social security benefits? Me neither. Here’s a write-up on the rules

      https://www.thebalance.com/social-security-rules-for-restricted-applications-2388915

      I didn’t know, but I became eligible in April and for us, it’s over $1k a month. So I thought I’d share


    7. rain of lead
      7 | June 28, 2018 6:08 pm

      hey y’all


    8. rain of lead
      8 | June 28, 2018 6:13 pm

      the girl has discovered that she likes hot sauce 🙂


    9. rain of lead
      9 | June 28, 2018 6:27 pm

      Suspect in Maryland newspaper shooting is refusing to identify

      himself and damaged his fingertips in an attempt to avoid

      identification, sources say – CBS

      ???


    10. coldwarrior
      10 | June 28, 2018 6:49 pm

      rain of lead wrote:

      the girl has discovered that she likes hot sauce

      BOOYA!


    11. coldwarrior
      11 | June 28, 2018 6:50 pm

      PGH area unemployment is 3.9%

      the lowest in 40 years.


    12. RIX
      12 | June 28, 2018 6:58 pm

      @ coldwarrior:
      Hey CW, I know that you will appreciate this. I was at a conference a couple of week ago in Newport
      Beach CA. The keynote speaker was Rom O’Niel, that Rob O’Neil.
      got an autographed book at talked to him a little.
      I told. him , “you killed the devil” He smiled and said “Yes I did”
      Funny guy and a great speaker.


    13. coldwarrior
      13 | June 28, 2018 7:01 pm

      @ RIX:
      Nice!


    14. Aussie Infidel
      14 | June 28, 2018 7:17 pm

      doriangrey wrote:

      Oh dear… Globull warming is back…

      https://twitter.com/DrGrey91721741/status/1012320827314880512

      It appears to be centrally planned as a new outbreak of ‘herbal – worming’ broke out at the same time in a number of different countries. Soros has been busy again!


    15. rain of lead
      16 | June 28, 2018 7:22 pm

      @ Aussie Infidel:

      ya know… we got a downpour her today
      really odd for this time of the year

      weather, how do it work?


    16. eaglesoars
      17 | June 28, 2018 7:22 pm

      @ rain of lead:

      the girl is a little cajun?


    17. Aussie Infidel
      18 | June 28, 2018 7:23 pm

      coldwarrior wrote:

      PGH area unemployment is 3.9%

      the lowest in 40 years.

      Which given the variables governing employment stats is in fact FULL employment. Now to whittle away at that under-employment and get the productivity growth back on the rails and replace temporary / part time employment with full time employment.


    18. rain of lead
      19 | June 28, 2018 7:23 pm

      @ eaglesoars:

      starting to look that way


    19. eaglesoars
      20 | June 28, 2018 7:24 pm

      rain of lead wrote:

      Suspect in Maryland newspaper shooting is refusing to identify

      himself and damaged his fingertips in an attempt to avoid

      identification, sources say – CBS

      ???

      It’s Trump’s fault

      ————

      This is what happens when @realDonaldTrump calls journalists the enemy of the people. Blood is on your hands, Mr. President. Save your thoughts and prayers for your empty soul.

      Rob Cox, Global Editor for Thomson Reuters’ Breakingview

      http://www.breitbart.com/big-journalism/2018/06/28/reuters-editor-blames-trump-for-annapolis-newsroom-shooting-blood-on-your-hands/


    20. rain of lead
      21 | June 28, 2018 7:25 pm

      @ eaglesoars:

      don’t think she’s ready for a crawfish boil though


    21. eaglesoars
      22 | June 28, 2018 7:28 pm

      rain of lead wrote:

      @ eaglesoars:

      starting to look that way

      she might like this. My go-to for red beans for read beans and rice

      https://www.amazon.com/Blue-Runner-Creole-Cream-Style/dp/B009GPG2J8/ref=sr_1_3_s_it?s=grocery&ie=UTF8&qid=1530228362&sr=1-3&keywords=Blue+Runner&dpID=51QPagB2aiL&preST=_SX300_QL70_&dpSrc=srch

      (They make gumbo too)


    22. coldwarrior
      23 | June 28, 2018 7:30 pm

      @ rain of lead:
      Haha!!! Yes!
      Loves me dat cajun cuisine


    23. coldwarrior
      24 | June 28, 2018 7:31 pm

      She needs to learn the art of making great roux. That’s the base!


    24. Aussie Infidel
      25 | June 28, 2018 7:33 pm

      Just purchased another house. for my daughter to come home to from overseas where she’s been working for the past 2 years. Had to empty ALL accounts even down to $32 bucks here and $46 bucks there in sundry accounts to pay off credit card to zero. Have to raise a mortgage and pull out $600k from an investment account tomorrow. It’s all come down to hours to get everything in the right account at the right time. Haven’t sailed this close to the wind for 25 years and it’s a bit of a thrill. Talked to the bank yesterday and raised a part mortgage and part low interest account to act as a buffer for the next 6 months until there daughter can sell her overseas property and repatriate the cash! No problems for the bank as there are two high value zero mortgage properties in the mix as well as 80% equity in this new property.

      That’s what you do for family I guess. We’ll rent it out and get some income for the next 6 months whilst servicing the mortgage easily. Still going and borrowing money is a bit of a thrill after all this time!

      HEH!

      🙂


    25. coldwarrior
      26 | June 28, 2018 7:33 pm

      @ Aussie Infidel:
      The jobs are there, they have to get off of their assets, quit smoking dope, get a little training…


    26. coldwarrior
      27 | June 28, 2018 7:35 pm

      @ Aussie Infidel:
      And I thought the car payment I’m about to have was rough!


    27. Aussie Infidel
      28 | June 28, 2018 7:35 pm

      rain of lead wrote:

      @ eaglesoars:

      don’t think she’s ready for a crawfish boil though

      That’s for the serious aficionado and she needs some more experience and a deadening of her mouth nerves!

      🙂


    28. coldwarrior
      29 | June 28, 2018 7:36 pm

      @ Aussie Infidel:
      My girls DESTROY the mud bugs!

      Let her have it!


    29. Aussie Infidel
      30 | June 28, 2018 7:37 pm

      coldwarrior wrote:

      Are the Democrats the dead party walking?

      reply  |  quote

      Great house that was $160 k below nominal valuation. The little old lady just wanted a clean quick sale and it was too god a bargain to let go so we jumped in and bought it.


    30. Aussie Infidel
      31 | June 28, 2018 7:38 pm

      Off to the beach for some R&R


    31. eaglesoars
      32 | June 28, 2018 7:38 pm

      rain of lead wrote:

      @ eaglesoars:

      don’t think she’s ready for a crawfish boil though

      as I recall, cold beer is a requirement


    32. coldwarrior
      33 | June 28, 2018 7:38 pm

      @ Aussie Infidel:
      Gotta take the good deal.


    33. 35 | June 28, 2018 8:33 pm

      @ coldwarrior:

      Thus cometh the Stout Hemp Rope Party…


    34. 36 | June 28, 2018 8:34 pm

      doriangrey wrote:

      @ coldwarrior:

      Thus cometh the Stout Hemp Rope Party…

      https://twitter.com/DrGrey91721741/status/1012380977224560640


    35. eaglesoars
      37 | June 28, 2018 8:49 pm

      Jarrod Ramos is the Annapolis shooter and he previously sued the paper for defamation

      https://www.thegatewaypundit.com/2018/06/targeted-attack-capital-gazette-shooter-previously-sued-newspaper-for-defamation/


    36. eaglesoars
      38 | June 28, 2018 9:21 pm

      too bad there was no taxpayer relief shot. This one is an ugly SOB. 38 yrs old who was pissed at the newspaper because they wrote an article about him as a stalker, which he was/is.

      https://www.weaselzippers.us/389491-breaking-capital-gazette-shooter-identified-as-jarrod-ramos/


    37. AZfederalist
      39 | June 28, 2018 11:16 pm

      eaglesoars wrote:

      too bad there was no taxpayer relief shot. This one is an ugly SOB. 38 yrs old who was pissed at the newspaper because they wrote an article about him as a stalker, which he was/is.

      https://www.weaselzippers.us/389491-breaking-capital-gazette-shooter-identified-as-jarrod-ramos/

      So not a disgruntled Trump supporter then? … and in a state with strict gun laws.


    38. darkwords
      40 | June 29, 2018 9:25 am

      Eaglesoars — 55

      7 USC §7734(a)(1)(B) & 7 CFR §301.80(b)(7) make it a federal crime to transport peanut shells out of North or South Carolina.


    39. darkwords
      41 | June 29, 2018 9:42 am

      My neighbor knocked
      on my door at 3am!
      Can you believe it?
      Luckily, I was still up
      playing my drums.


    40. darkwords
      42 | June 29, 2018 9:43 am

      Fill in the blank :

      If ______ was an
      Olympic event, I
      would totally have a
      gold medal.


    41. eaglesoars
      43 | June 29, 2018 9:46 am

      You must still comply with the law even if it is impossible to do so. (If you were wondering how they could try to incarcerate all of us, here’s your first clue)

      Gun manufacturers must do their best to comply with a California law requiring new models of semiautomatic handguns to imprint their bullets with identifying micro stamps so police can trace them, the state Supreme Court ruled Thursday, rejecting the companies’ arguments that the law should be overturned because compliance is technologically impossible.

      https://www.sfchronicle.com/news/article/Calif-Supreme-Court-upholds-law-requiring-13035147.php


    42. 45 | June 29, 2018 11:21 am

      darkwords wrote:

      Fill in the blank :

      If ______ was an
      Olympic event, I
      would totally have a
      gold medal.

      Beer drinking, definitely beer drinking.

      https://www.youtube.com/watch?v=XtMy5IBmX7E


    43. 46 | June 29, 2018 11:34 am

      doriangrey wrote:

      darkwords wrote:

      Fill in the blank :

      If ______ was an
      Olympic event, I
      would totally have a
      gold medal.

      Beer drinking, definitely beer drinking.

      https://www.youtube.com/watch?v=XtMy5IBmX7E

      I would win no medals for being the fastest beer chugger on the planet, but coldwarrior as my witness, I am the slow and steady that wins the race in beer drinking.


    44. Deplorable Bumr50
      47 | June 29, 2018 2:28 pm

      F*cking comcast.

      I am DONE with them, as soon as they’re able to take a f*cking phone call.


    45. 48 | June 29, 2018 4:04 pm

      Deplorable Bumr50 wrote:

      F*cking comcast.

      I am DONE with them, as soon as they’re able to take a f*cking phone call.

      Not ComCast’s fault. I saw a news blurb on it earlier today. ALL of ComCast is down, someone physically cut their fiber-optic cables this morning. A coordinated attack against their infrastructure.

      https://www.independent.co.uk/news/world/americas/comcast-outage-down-xfinity-email-internet-tv-not-working-us-latest-help-a8423616.html


    46. eaglesoars
      49 | June 29, 2018 5:00 pm

      Every one of these people should be tied to a stake, covered in honey on an ant hill in 100 degree heat while naked

      @PeteWilliamsNBC on the weapon used in the newsroom shooting: a shotgun is like a backwards funnel, you don’t have to have direct aim to hurt a lot of people. It was purchased legally

      https://twitter.com/mitchellreports/status/1012730054525063168?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1012733455678009346&ref_url=https%3A%2F%2Ftwitchy.com%2Fdougp-3137%2F2018%2F06%2F29%2Fcome-on-nbc-news-journos-explanation-of-how-a-shotgun-works-sends-heads-crashing-to-desks-again%2F


    47. 50 | June 29, 2018 5:07 pm

      @ eaglesoars:
      It’s an assault weapon. God help us if anyone uses a semiautomatic shotgun in an attack.


    48. eaglesoars
      51 | June 29, 2018 5:47 pm

      right_wing2 wrote:

      @ eaglesoars:
      It’s an assault weapon. God help us if anyone uses a semiautomatic shotgun in an attack.

      did you hear the asshole who asked if it was an assault shotgun or an attack shotgun?


    49. AZfederalist
      52 | June 29, 2018 6:20 pm

      eaglesoars wrote:

      You must still comply with the law even if it is impossible to do so. (If you were wondering how they could try to incarcerate all of us, here’s your first clue)

      Gun manufacturers must do their best to comply with a California law requiring new models of semiautomatic handguns to imprint their bullets with identifying micro stamps so police can trace them, the state Supreme Court ruled Thursday, rejecting the companies’ arguments that the law should be overturned because compliance is technologically impossible.

      https://www.sfchronicle.com/news/article/Calif-Supreme-Court-upholds-law-requiring-13035147.php

      Seems like that violates the Commerce clause


    50. eaglesoars
      53 | June 29, 2018 6:22 pm

      @ AZfederalist:

      that’s not a bug……..


    51. AZfederalist
      54 | June 29, 2018 6:24 pm

      eaglesoars wrote:

      Gun manufacturers must do their best to comply with a California law requiring new models of semiautomatic handguns to imprint their bullets with identifying micro stamps so police can trace them, the state Supreme Court ruled Thursday,

      So is it ok if their best is nothing?


    52. AZfederalist
      55 | June 29, 2018 6:25 pm

      eaglesoars wrote:

      @ AZfederalist:

      that’s not a bug……..

      I think that is going to fail on appeal to Federal authority.


    53. eaglesoars
      56 | June 29, 2018 6:30 pm

      hmmmm

      BREAKING: Mueller Delays Sentencing of General Flynn For THIRD TIME “Due to Status” of Investigation

      https://www.thegatewaypundit.com/2018/06/breaking-mueller-delays-sentencing-of-general-flynn-for-third-time-due-to-status-of-investigation/


    54. eaglesoars
      57 | June 29, 2018 6:36 pm

      Newspaper reporter resigns after wrongly claiming Annapolis shooter wore MAGA hat

      Folks, My 21-year career as a ‘journalist,’ a fancy term that makes my skin crawl, frankly, came to a screeching halt yesterday with one stupid, regrettable tweet,” he wrote. “Can’t take it back; wish I could. My sincere apologies to all good, hardworking reporters and to POTUS supporters.”

      http://thehill.com/homenews/media/394892-newspaper-reporter-resigns-after-wrongly-claiming-maryland-shooter-wore-maga

      If this had been an honest mistake, it would have resulted in a correction. So his editors believe he knowingly lied. Good example for your kids, asshole.


    55. eaglesoars
      58 | June 29, 2018 6:39 pm

      doriangrey wrote:

      someone physically cut their fiber-optic cables this morning.

      In TWO places

      https://www.cnbc.com/2018/06/29/comcast-says-customers-nationwide-are-experiencing-a-service-interrupt.html


    56. eaglesoars
      59 | June 29, 2018 6:41 pm

      AZfederalist wrote:

      I think that is going to fail on appeal to Federal authority.

      I think that once a court gets overturned X number of times w/in a given time period, all the judges get dis-robed


    57. 60 | June 29, 2018 7:52 pm

      eaglesoars wrote:

      AZfederalist wrote:

      I think that is going to fail on appeal to Federal authority.

      I think that once a court gets overturned X number of times w/in a given time period, all the judges get dis-robed

      If that were true, how is there still a 9th Circus Court?


    58. eaglesoars
      61 | June 29, 2018 7:58 pm

      @ doriangrey:

      I should have said all the judges SHOULD get disrobed


    59. lobo91
      62 | June 29, 2018 8:09 pm

      eaglesoars wrote:

      @ doriangrey:

      I should have said all the judges SHOULD get disrobed

      You should find a better term. I don’t want to see them naked


    60. lobo91
      63 | June 29, 2018 8:12 pm

      These people are certifiable:

      Journalists Spread Conspiracy Theory That DHS Document Contains Secret Nazi Code

      A number of liberal Twitter users and journalists spread a conspiracy theory Thursday insisting a Department of Homeland Security document contained a secret Nazi code.

      In February, DHS put out a press release entitled “We Must Secure The Border And Build The Wall To Make America Safe Again,” a fact-sheet making the case for President Donald Trump’s proposed border wall. “When it comes to stopping drugs and illegal aliens across our borders, border walls have proven to be extremely effective,” it argued.

      The press release went largely unnoticed until months later, when a tweet accusing the document of being a dog whistle for Nazis garnered nearly 7,000 retweets. The viral claim suggested the headline was a reference to “Fourteen Words,” common white supremacist credos. The most widely known variation states, “We must secure the existence of our people and a future for white children.”

      “This is an actual story on an official government website with a 14-word headline starting with ‘we must secure,'” Twitter user Lauie Voss noted. “This is not an accident. There are actual Nazis-who-call-themselves-Nazis at DHS.”


    61. coldwarrior
      64 | June 29, 2018 8:18 pm

      lobo91 wrote:

      eaglesoars wrote:

      @ doriangrey:

      I should have said all the judges SHOULD get disrobed

      You should find a better term. I don’t want to see them naked

      that’s funny right there.

      New thread!


    62. eaglesoars
      65 | June 29, 2018 8:59 pm

      lobo91 wrote:

      There are actual Nazis-who-call-themselves-Nazis at DHS

      names. I want ’em


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