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Biden and the June job reports

newtboy says...

Noooo….you still don’t like Biden. You still think self serving narcissistic Trump was a leader, but a lifelong frugal public servant isn’t. Nooooo! (I know there’s no breaking through your fantasy, bob. You are a lost cause, totally divorced from reality and totally uninterested in honesty).

No bob, I mean the Union…as in the United States of America. As in the Union vs the Confederacy. Trump nearly dissolved the Union, so much that Republican platforms now include secession as their goal. Derp. Another “L” for your column. Another dunce cap for your collection.
Republicans want to erase America out of infantile spite, but have no idea what to do afterwards. Better learn Chinese or Russian, red states can’t afford to defend themselves, you are all welfare queen states with the highest murder and crime rates.

Side note: But, this means you are anti union, so 100% anti worker? Really? What favors has Biden handed unions? Most unions (all you oppose) lobby for workers, blue collar employees. You would limit lobbiests to to those lobbying for billionaires and huge corporations (including religious corporations) that actively lobby against workers rights, pay, safety, ecological responsibility, hours, etc. Think about that.

You fucking moron, it went from 3.08% (higher than Trump ever reached) in 2015 under Obama to -3.5% in 2020 (the lowest ever in history). Who the fuck told you .2%? Who told you Trump left it at 2.5%? Overall Obama’s growth rate was actually 50% higher than Trump’s, and Obama inherited a deep recession, Trump inherited a boom. They outright lied to you, and you just lapped it up without ever looking. They’re feeding you poo pie bob, not chocolate. I really wish I didn’t have to spend so much time correcting your obviously fabricated statistics, especially since you only spout them to force a correction, getting you attention, not because you believe or even understand them. So you understand, printing 50% more money while your economy is in the worst contraction ever causes inflation, and that’s what Trump did in 2020 while focusing on the election he lost in a landslide and ignoring the pandemic and economy.

Jobs?!? Obama job growth was near 8% adding 12.5 million jobs, Trump was the only president ever to lose jobs, losing 3.2 million. Another 100% break from reality, buddy. I’m telling you, you need professional help.

Yes, Trump did turn us around, from a massive recovery and booming economy to massive economic losses, job losses, absolutely insane deficits and trying to double the debt, huge money printing in 2020 (magic wand waiving) that creates massive inflation (that he now blames Biden for), undreamed of losses of life, and teetering on the brink of depression and pandemic. He made us madder. For libs that means angry, for cons that means totally bat shit crazy with no ties to reality at all.

Far from it, lots of positive, but so much negative left from the previous one we are still in the red.

They have made policies that help the American pocketbook, Trump robbed it blind to hand to billionaires (and fake billionaires).

Who told you that lie. The Democrats have done everything they legally can to force oil companies to increase production and stop price gouging, Republicans all voted against doing anything, then claim “Biden’s fault”. No fossil fuel production has been cut. You’ve been lied to, and you aren’t intellectually honest enough to investigate for yourself…you don’t want to hear the truth.

Republicans are to blame for high fuel prices, Democrats are responsible for the recent lowering. Democrats are making efforts to lower them further, Republicans are 100% opposed to any actions.

Trump benefited on fuel costs thanks to the economic collapse he caused by denying and ignoring Covid for months, dropping the demand for fuel to nothing…not a good policy overall, or do you suggest killing another million and shutting down another year to lower gas prices?


Lol. You are claiming reports say the average American spends $500 more on fuel and goods per month than under Trump? What reports? Glen Beck, AON, or Rush Limbaugh’s ghost? Only if you are a trucker using hundreds of gallons of gas a month. Even in California, fuel cost has gone up less than 1/5 of what you say.

Trump cost you SO much more than $6k per year, over $60k per taxpayer on the official debt alone…and these extra expenses (probably $100-$200 per month tops) are thanks to Trump printing 1/3 of every dollar in circulation (inflation) and fuel supply and demand being out of hand intentionally because oil companies make more money by producing less, and aren’t nationalized so the government can’t force them to stop gouging.

Such nonsense bob. Your facts are all wrong, and since you won’t investigate you are just going to continue to believe the lies you were fed. The people you listen to are making money off your beliefs, bob, and they see you as a huge sucker they can convince of anything and get your money or support for their America destroying “get me richer quick” schemes.

🤦‍♂️

Summary, since I don’t think you can read that much.
Union = United States Union, not unions
Gdp- Obama 1.59% rising consistently during his presidency Trump 1% falling precipitously to the worst ever in history. Also never beat Obama’s high.
Jobs- Obama added 12.5 million, Trump lost 3.2 million
Debt- Obama added $9 trillion, ending a recession and creating a boom over 8 years. Trump added $8 trillion on the books (and trillions more off the books) in 4 years ending a boom and creating a recession
Deficit- 2020 was the biggest budget deficit ever by >200% at $3.13 trillion and added well over $4.2 trillion to the debt that year, way more than 2021 at a still horrific $2.7 budget deficit but ending adding only $1.5 to the debt.

https://www.thebalance.com/us-deficit-by-year-3306306

Oil/gas price - all cost cutting measures opposed by Cons.

bobknight33 said:

I applaud the jobs #

But when you say *quality leadership, -- You are Sadly mistaken .

Putting Union back together -- you mean political payback for all the $ spent buying Biden / Democrats that Biden is now paying back the unions in favors?

So you are saying that You are in favor of big business buying our politicians and getting special breaks using American tax dollars.

What Trump damage. Went from a 0.2% GDP growth /yr to 2.5 + Growth. Obama touted that this0.2% was the new norm and Trump claimed BS. Trump said he wold crate jobs and Obama dumbly said how by waving a magic wand.


Trump, for all his BS turned America around and mad all of us better.

A strong work force is the only positive news of this Admin.

Biden and Democrat policies can make policies that help the American pocketbook but wont.


This biggest is the party stance on oil. Americans are getting poorer mostly from this fact alone. The party decided to cut out fossil fuels and go green. This decision is costing families hundreds of dollars extra, that they don't have every month.

Not just from the extra at the pump but also the extra cost to deliver goods and services .



Current media reports that this extra cost is running about 500$/month 6K$/year.

This is you man Joe, and his party's policies?

I just assume to keep Trump , mean tweets and all, and keep the $6 grand / year in my pocket.

Ameca and the most realistic AI robots. Beyond Atlas.

bobknight33 says...

Your comments are uninformed.

A new factory does not become profitable until your up around the 70% full production capacity. Berlin and Texas just opened and putting out about 1000/week. This need to get to about 15000/week.

FOX news bitching about salaried layoffs -- And your point is what?

However, Tesla is hiring hundreds of factory floor employees.


You have any other observations to share?

Please enlighten me with your wisdom.

JiggaJonson said:

I'd be doing weird promotion if I were you too, given:

New Tesla factories losing billions of dollars, Musk says https://www.bbc.com/news/business-61905276

Fox Hosts Slam Elon Musk Over Tesla Layoff Comment, Twitter Dealings
https://www.newsweek.com/fox-hosts-slam-elon-musk-over-tesla-layoff-comment-twitter-dealings-1713226

Elon Musk: Tesla plants in Austin and Germany are losing ‘billions of dollars’ https://www.dallasnews.com/business/autos/2022/06/22/elon-musk-tesla-plants-in-austin-and-germany-are-losing-billions-of-dollars/


You really got it all figured out @bobknight33

12 yr. old Palestinian MC Abdul "Shouting At The Wall"

newtboy says...

I’m against it, it’s a crime.
I believe in work visas, refugee status, and legal immigration. I believe in a system of charging employers who hire illegal immigrants to skirt taxes, wage laws, labor laws, etc. harshly enough to make it not worth the risk (like take the company/assets of repeat offenders, and using the money collected to fund the immigration and naturalization department and figure out how to supply labor without forcing people to be criminals to get a job.

Sadly those systems are broken.

Because those systems are completely broken and don’t serve the needs of either the immigrants nor the employees that need their labor, we have a massive illegal immigration problem because we have a massive labor shortage issue.

There is a parallel, but it’s not the same thing. We have (or had until recently) a strong well defended democracy, and an enormous population and landmass compared to 1917-48 occupied Palestine, and they had only a fledgling government when the Jewish war refugees they invited started inviting and facilitating a flood of illegal immigrants with a plan to take over the small country. Most of our illegal immigrants are here to make money to take home, I’m unaware of any efforts to return Texas (pre-breakup) to Mexican control like 40’s -50’s Israel.

IMO, Israel is like if 2/3 of Texas became “Tex-Mex” by force, a new country where only those of Mexican descent have rights, a vote, can own property, etc. and white Texans are forced to live in NW Texas under guard struggling to find food and water with Tex-Mex constantly squeezing them into smaller and smaller areas.
Strangely enough, you will note that those same flag waiving anti immigrant (not just anti illegal immigrant mind you) far right wingers are staunch supporters of Jewish Israel….almost like they don’t know history….wait…

bcglorf said:

@newtboy,

I have to ask your stance on illegal aliens within the USA today in that case, since you seem to use it as a derogative against 1930/40s Jewish refugees fleeing Europe for Palestine...

Feels to me the confederate flag wavers stance on illegal immigrants in the US parallels the picture you're painting of 1930s/40s Palestinian immigration closer than you maybe like to admit.

The Shopping Cart Theory

surfingyt jokingly says...

return the cart if you want but here's a counter point, as someone who has worked in a grocery store as a teenager, its the courtesy clerks who mainly gather the carts. they will be outside to get them regardless if the cart is in the return area or in the parking lot. but a lot of them ENJOY doing the task (assuming acceptable weather conditions) because it gets you outside and away from all the damn idiotic customers.

some places have employees whos only job is to return carts. are you trying to take away their job?!

Tesla DESTROYS Q1 Earnings,

newtboy says...

Lol.
Today’s Tesla news, Tesla stocks dump another 10%+ on news that 10% of employees will be fired.
This as Ford and Chrysler are hiring tens of thousands of union workers to build their electric fleets.
Not the best news for stockholders.

bobknight33 (Member Profile)

newtboy says...

And ANOTHER Republican ballot harvesting scheme busted, this time in Philadelphia where GOP employees signed up voters for vote by mail but put the GOP P.O. Box as their address, many of those with their ballots stolen said they had not signed up for vote by mail at all, no one questioned had agreed to have their ballot be sent to GOP headquarters…some of those ballots had already been returned to the city filled out without ever being delivered to the voters.

https://www.syracuse.com/politics/2022/05/gop-staffers-fired-after-possible-ballot-harvesting-operation-found-in-pa.html?outputType=amp

Pete Buttigieg Perfectly Articulates Republican Behavior

newtboy says...

If you want to convince me, you’re going to have to do one hell of a lot better than that silliness. He clearly went to the right wing propagandist school of YouTube even though he seems to imply he’s a liberal.

I’ll tackle one…the bread price fixing claim. He worked for a consulting company, the companies that are hired by failing and struggling businesses to suggest solutions and often that means cut their staffs in half to try to save the company…bad ones then sell all the assets, bankrupt the companies intentionally, and escape any obligations to the employees. There’s no indication the company he worked for did that (that I know of). They did apparently consult for a grocery store chain that, also apparently, was involved in bread price fixing at or near the same time his company was being consulted. It’s ridiculous to believe they REPORTED that crime to the outside consulting firm they hired.
Trying to tie one corporate customer’s unrelated crimes to Pete because you can string a tenuous thread between them (with many pegs between) is pretty damn dishonest. So is saying Pete never answered questions about it, he absolutely did…it was in the video.

Massive layoffs….I didn’t get that far, stopped around 7 min in…but that’s what consulting firms often do. If companies are failing because they’re way over staffed, they suggest layoffs to save at least 1/2 the jobs. Not always successfully.

I don’t know what ICE is if it’s not immigration cops, and I don’t know what he would have to do with it, but I’m not going to keep listening to these convenient edits and hyperbolic claims in the video. I can’t stand the narrator, nor can I trust him.

I’m not claiming Pete is perfection incarnate. I’m saying it would be nice to have a president who’s driven to public service, is insanely intelligent, is well spoken and polite, likeable, and young enough to have to live with the consequences of their own leadership, and that those are all positive traits we’ve been lacking of late.

eoe said:

He's also a bit smarmy having worked for McKinsey & Company. He never really answered any of those questions about ICE, bread price-fixing, massive layoffs, etc.

A fun video about all this: Former Mayor Pete Buttigieg - SOME MORE NEWS.

Elon Musk talks Twitter, Tesla and the future at TED2022

newtboy says...

No. They do not. What stupidity.

Twitter is a public company owned 10% by one hard core Republican and a hundred thousand more own a lot more of it.

Republican babies have fled from these giving Democrats and independents a strong majority because Republicans simply cannot stand others contradicting their insanity with fact….and yet you whine like a baby.

The company decided that they don’t want to become the next failure like Truth Social, no matter how much money it makes them in the short term, likely because they don’t want to see it end within 6 months which it absolutely would if they allowed it.

Likely they also hate being associated with a man who just had to pay a $15 million (reduced from $137 million) judgment, awarded for Musk allowing constant racist attacks against an employee by others including supervisors despite repeated verified instances and reports, including one supervisor who called him the n-word over 30 times in front of others without reprimand ….for his companies unrepentant blatant out of control culture of racism that he did nothing to curb.

Grow up, learn something, and maybe stop just saying whatever ignorant nonsense comes into your delusional mind….your assumptions are always wrong, usually stupid, consistently ignorant, and come from a partisan cultist that won’t accept reality.

bobknight33 said:

Democrats own Facebook, Twitter, Apple, Hollywood, Teachers. Reddit,

And yet you complain.

Funny Australian McDonalds drive-thru worker

Anonymous message to Vladimir Putin

BSR says...

Hero hackers claim to have breached Belarusian weapons firm

The international hacker collective Anonymous appears to have made good on its declaration of cyberwar against Russia and its allies, apparently exposing 200GB of emails from Belarusian weapons manufacturer Tetraedr.

Anonymous breached the firm’s defenses and released the most recent 1,000 emails from inboxes belonging to Tetraedr employees, passing them over in .EML format to the information transparency platform DDoSecrets. It also made public a complete archive of each inbox in .PST format, though the hackers noted that some files may have been corrupted by the export process.

Tetraedr is a private company founded in 2001 that specializes in making advanced radio-electronic weapons systems. It is based in Belarus, which has provided Vladimir Putin with logistical support in his invasion of Ukraine. Its dictatorial leader, Alexandr Lukashenko, has long been regarded as a puppet of Putin.

“Greetings, citizens of the world,” announced Anonymous in a statement on DDoSecrets, a non-profit whistleblower site set up in 2018. “We are the PWN-Bar Hack Team, we stand for equal opportunity pwnage and unrestricted access to information.”

https://cybernews.com/news/hero-hackers-claim-to-have-breached-belarusian-weapons-firm/

Why I’m ALL-IN On Tesla Stock

StukaFox says...

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

bobknight33 (Member Profile)

newtboy jokingly says...

Lock him up. Lock him up. Lock him up. Lock him up.

Hope you’re ready for a minimum of two years of hearings digging deep into anyone who ever spoke to Trump. Every employee. NDAs withdrawn or legally dissolved like the Whitehouse NDAs.

Lock him up. Lock him up. Lock him up. Lock him up.

Same crime, to an exponentially more serious degree.
He stole actual original Top secret classified documents, left them unguarded, unsecured, and illegally stolen….crimes he undeniably knew and knows was a serious crime, he made that a campaign feature, even if, as he now claims, “”someone” told him he was allowed to because of multiple rulings”. (He has no idea who or what rulings, because it’s more bullshit, or maybe he listened to Giuliani who’s completely insane.)

Lock him up. Lock him up. Lock him up. Lock him up.

See you tomorrow.

Sioux Falls police officer delivers DoorDash order

bobknight33 (Member Profile)

newtboy says...

OMG!!
The big investor in Trump’s social media company is a group of Chinese investors from Shanghai that have been repeatedly sanctioned and thrown off the stock market for opening multiple fraudulent companies in America, taking them public, and never actually having a company, no employees, no physical assets.

If you signed up for Trump’s site, expect all your data to be in Chinese hands….you gave it to them. Also know you likely gave up any rights to complain that your identity has been stolen when you signed up.

Who’s owned by the corrupt Chinese again? I know you like to say Biden is, but the paper trail and bribe money paid say something completely different.


LMFAHS!

bobknight33 (Member Profile)

newtboy says...

Ruh -roe!

Trump’s all encompassing NDAs are invalid. As usual, he overreached, tried to control everything his subordinates said forever. It forced them to, using the judges words, “never say anything negative about Trump, his family, his businesses, or his administration for life”. The judge called it unenforceable, and since he made them all sign the same NDA, they’re all void. He can still sue any who talk, assuming he can find a lawyer dumb enough to work for him, but he’ll lose.

Expect tons of new revelations about how he operates, none good. Of course, he’ll attack any who does as a piece of shit, just like over half of his “best people” he had working for him….running the government while he watched tv. Crazy how many of them he now says are horrible, inept, self centered, disloyal morons who couldn’t do their jobs….almost like he’s projecting his estimation of himself on any ex employee.

Wasn’t his claim to fame that he hires only the best people? Doesn’t that make him an abject failure at the one thing he seemed to do well…hiring competent people to run his affairs?

Expect another round of massive lawsuits to come shortly, lawsuits he can’t defend against because no lawyer will go near him, they like to be paid for their work and Trump is famous for stiffing everyone but especially lawyers.

Edit: Also, he’s off the Forbes 400….not that he ever belonged there. They originally took his worthless word for how much he was worth….a number exponentially larger than the one he gave the IRS, btw. Now even he can’t lie enough to appear to be in the richest 400 people in America. Better, if he had divested from his properties instead of using his office to illicitly steer business to them (business that stopped after Jan 20 when there was no longer a reason for foreign powers to bribe him by, say, renting out floors in Trump tower that went unused for 4 years, or villas at his golf clubs)….if he had taken his money and invested in S&P 500 he would have made billions instead of losing billions. He’s a horrific businessman.



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