 |
|
|
|||
 |
|||
|
|
|||
|
|
|||
|
|
|
||
|
|
|||
|
|
|
||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
|
|
|||
 |
|||
|
|
|||
|
|||
|
|
|||
|
|||
|
|
|||
|
Economy in free fall in fourth quarter
- Text size
Rex Nutting
MarketWatch
January 26, 2009
The U.S. economy contracted violently in the fourth quarter, with gross domestic product falling at its fastest pace in more than 25 years, economists said ahead of what promises to be a grim week of economic news.
- A d v e r t i s e m e n t
“Real economic activity fell off a cliff during the fourth quarter, producing a sharp drop in employment, output and spending,” wrote economists at Wachovia.
And the worst part is that it’s not over. Economists expect another huge decline in the first quarter, with a smaller contraction in the second quarter.
GDP is expected to have fallen at a 5.5% annualized rate in the final three months of last year, according to the median forecast of economists surveyed by MarketWatch. That would be the biggest decline since the 6.4% drop in early 1982 and one of the worst quarters in the post-World War II era.
The government will release its first estimate of fourth-quarter GDP on Friday, the culmination of a very busy week on the economic calendar. See Economic Calendar.
Other major releases will include durable-goods orders for December, home sales for December, and consumer confidence surveys for January.
-
- Social bookmarks
- Email this article
-
- Print this page
- Share on Twitter
January 26th, 2009 at 1:32 pm
msn is now reporting icelands government collapses.
January 26th, 2009 at 1:33 pm
OH THAT’S GREAT!!!
January 26th, 2009 at 1:33 pm
And Rex Nutters is qualified how? To make these ridiculous claims? Market Watch? Sounds like a real serious organization.. These clowns will say just about anything if they are paid enough..
January 26th, 2009 at 1:40 pm
Yeah, more like TROUSER WATCH… He’s watching Trouser Snake..
January 26th, 2009 at 1:57 pm
Yellow.. Everyone is quitting and the prime minister has cancer of the throat.. That’s what collapse means.. Isnt that what we dream off? Every congressman, woman, senator Warner Wolf (Biden) the muslum and his man/wife Shaquille Michelle Oneal just pick up and leave?
What the hell would we do? I can think of about 75 clowns who would want Alex Jones to be our new President.. Um… no… Alex is a nice guy im sure but he reminds me of the guy on the IBM commercial who yells.. ” THE SERVERS!!! THE SERVERS ARE OVERHEATING!!! DONT MAKE THEM ANGRY!!” lol.. Who would really be President? Im probably the only one MAN enough on this site to say.. Im not smart enough to tell you who should be president.. I do know one thing for sure.. We’re gonna get VANQUISHED by Russian nukes while we try to figure it out.. That’s the downside kinda..
January 26th, 2009 at 2:01 pm
Today is national convert to islam day.. Check this out.. Taliban ” pull up your trousers so mohammed can see your trouser trout!!!” Taliban guy “Um.. No” WACK!! off with his head!!!! LMAO!! Ahhhh such a peaceful cult.. I cant wait for the first muzlum to post.. ” That’s not real islam!!” LMAO!! No, the Taliban are fake islam!!!
http://news.yahoo.com/s/time/2.....9187390200
January 26th, 2009 at 2:04 pm
Belgium’s government collapsed not too long ago
January 26th, 2009 at 2:16 pm
nate fulla hate you can f--- off or f--- yourself whatever it is that you do. everyone on this site hates you but yet your still here.
to everyone else something definitely is going on. i commented on another story and hit the submit button and someone elses name came up and my comment disappeared. got any ideas nate?
January 26th, 2009 at 2:17 pm
I love to know whats going to drive the recovery? In previous recessions there was always somewhere to export, somewhere unemployed people could emigrate to and some sector within the economy that was performing well. Everything now is too connencted and globalised. Its like a mass computer virsu replicating across the global network.
Basically companies lose demand. Companies lay off workers. Workers can no longer buy much goods and services. Companies lose demand, Companies layoff workers.
As the 300 year old pyrimad scheme has been consoidated unilaterally by globalisation, the house of cards are cololapsing. Everyone is calling iin their chips and the global house is nearing insolvency. This is venty imminent and God help us all when the s--- hits the fan. Because there will be blood on the streets
January 26th, 2009 at 2:18 pm
comment disappeared along with my name. who the hell is Mark and email address sc0rpion619@yahoo.com
January 26th, 2009 at 2:22 pm
His name is Mark and his email address is sc0rpion619@yahoo.com.. My guess is he is from California..
Does that help?
January 26th, 2009 at 2:29 pm
Are the banks putting the Bail-Out money into circulation ?
If NOT ?
How can there be any INFLATION ?
January 26th, 2009 at 2:51 pm
Regardless of who occupies Congress or the White house, the principles of economics still apply equally. Obama can no more ignore them than he can the Laws of Nature- of motion or gravity. There is one inevitable result from overcreation of currency, and that is inflation. Given the fact the Federal Reserve has doubled the money supply last year alone (conservative estimate), we are in for huge price increases. This will destroy the residual value of the dolar, and bring on all the exciting stuff Alex talks about every day. The current slashing of prices on everything from cars to houses to big screen TV’s is a result of supply and demand, not deflation as the talking heads on CSPAN claim. Unless the banks are secretly incinerating the trillions they have stolen from the taxpayer, then we are ll in for a rocky ride to the bottom. Please write http://www.infowars.com or other truth sites on the margin of every dollar that passes your hands. We have to get the word out now and our current methods aren’t enough. See HR2577 for law to abolish the Federal Reserve.
January 26th, 2009 at 2:58 pm
I stood up
I, made my own work, I trade, cash only, no taxespaid out,no bank
ITS just me and mine..
they had drove me down,made me sick, depressed the crap out of me .
not no more.
Do your own sh*t FFF them
Stand UP
January 26th, 2009 at 3:01 pm
In response to Nate:
Uh, Ron Paul could be President, and there are plenty of politicians out there that want to do the right thing, like Cynthia McKinney and Jese Ventura.
I agree with you that Alex would not be a great president. He’s not a politician. He’s a talk show host and film producer at heart. He’d be the first to tell you that I think too.
January 26th, 2009 at 3:09 pm
Mark lives in :
IP Address: 209.131.36.158
Location: Sunnyvale, CA
January 26th, 2009 at 3:11 pm
Interesting……this email “petejet@hotmail.com” and name “jones” was already filled in and waiting for me to leave a comment.
I have no idea who this email address belongs too.
January 26th, 2009 at 3:17 pm
Ps. LOL i used his email address to post this
January 26th, 2009 at 3:20 pm
Geez Yellow, sorry to hear about your posting problem. Let me see if there is anything I can do.. My first suggestion is to stop being so nasty.. Seems anyone who disagrees with you is suddenly an asshole and you proclaim a site wide hatred for.. That’s not nice.. You need to be more open minded and understanding of other people’s feelings. Or maybe this site is just alittle out of your league.. Perhaps you should go hone your skills on the yahoo OMG site commenting about Fabio and John Travolta..
January 26th, 2009 at 3:27 pm
Step 1= Bann Outsourcing.I am sick of industrial parks that are perpetually 3/4 empty.
Step 2= Reinstil the Sense of American Pride an craftsmanship.
Step 3= organic REAL Farming.
That’s the base that safeguarded us against Bankruptcy in the past.
Then have the SHADOW GOVERNMENT dismantled.After that Let’s have some REAL Election campaigns.You remember those?People addressing clearly and precisely what thier stand was on REAL ISSUES without all the sidetalk and HYPE?I am tired of looking at a name I trust(brands) that when I flip the product reads “Made in China”.!How in the Hell is THAT creating jobs for US?!It really pisses me off to no end to see Vets going Homeless while we employ some other nation’s people.2/3 of those goods in Wal-Mart said “Made in China”. I decided to give $$ to people for X-mass.
January 26th, 2009 at 3:32 pm
IP Address: 209.131.36.158
Location: Sunnyvale, CA
Is Yahoo’s email server where his email resides.Not HIS Address.
January 26th, 2009 at 3:33 pm
Locust… I respect your choices.. I would however think long and hard before putting Cynthia McKinney in a position of authority.. She looks too much like and acts too much like Al Sharpton.. She’s a radical (in a good way) but sometimes she’s better off staying just where she is.. Leading protests and organizing boat rides.. Although with Ron Paul at President I dont think there would be much to Protest.. Imagine how cool it would be if Ron Paul would have actually won.. It’s amazing that there are that many misguided idiots walking among us who voted for Barry Soetero.. Just as many idiots walked into a bank and were handed the keys to a home they KNEW FULL WELL THEY COULD NOT AFFORD!! That should be a crime.. YELLOW!!! lol..
If someone robs a bank and hands you the money and you keep it.. Is that not a crime? Our economy is now destroyed because 100 million retards stole beautiful homes that they knew they couldnt afford.. Who stupid are they? How stupid are their wives? I cant wait to see these numbskulls booted out into the street and the banks litigate!!! Get OUT and pay UP!! Losers..
Bad Slave Reply:
January 27th, 2009 at 8:42 pm
No, no, no, Nate. It’s not the mortgages. That is the banksters’ line. The problem is the derivatives. You do not hear much about the derivatives because they are complicated. Hell, I bet half of the elites participating in derivative transactions do not have a clue how they work. Don’t buy into the banksters’ lame excuses.
January 26th, 2009 at 3:50 pm
Go MASTERNATE.
January 26th, 2009 at 4:12 pm
i’ve been doing great contributions to alot of comments on this site. 80% never see the light of day.something is up…………….or what?
January 26th, 2009 at 4:14 pm
Yeah, but look at the shiny new Jet that we just bought for Citigroup with the taxpayer bailout money… I wonder what they would do if we all showed up for a ride. $50 BILLION should purchase a window seat don’t you think?
http://www.reuters.com/article.....9D20090126
January 26th, 2009 at 4:18 pm
Yellowhak seems to be having the same problem Diddly Doo.. Is your interest only mortgage past due as well? That could be the problem..
January 26th, 2009 at 4:40 pm
I love the people on here who think they’re being censored. LOL you’re so oppressed! Geek power!
I post here all the time, the posts that get through and the posts that don’t depend 100% on the server load at the moment you click submit. There is no retry, there is no queue. If it doesn’t get through, its lost in oblivion.
Since nothing any of have to say on this comment board is even remotely important/interesting, I can’t see this being as big of deal as you all make it. But I guess some people need to make something out of nothing.
(Truth is, it just aggravates the hell out of people when they put 20 minutes into a thoughtful rant, click submit, and it doesn’t go thru. Its not censorship, but its f---ing annoying to no end)
Maybe this wouldn’t be an issue if frigging nutjob agents would go away and stop posting novels on every article, clogging up the whole damn site.
January 26th, 2009 at 4:41 pm
^^^^^^ the posts that get through ARE…..
January 26th, 2009 at 4:41 pm
^^^^^^ the posts that get through ARE…..
January 26th, 2009 at 5:02 pm
Nate. Now I know alot on this site seem to bash you alot. And while I,m not defending what you state in most of your posts. IMHO the last sentence in a previous post about the OMG site is funny as hell.LMFAO.
But back to posting. Jesse Ventura should run.Ron Paul is good too. Sure beats Osama and his side kick Bi nla den
January 26th, 2009 at 5:45 pm
Thanks friobum.. I think LOL.. Yes, all the bleeding liberal conspiracy geeks bash me because I am anti islam and anti muslum. I think muzlums need to strap it on and bring it if they want any respect in life.. Im tired of the handouts, tired of the whining and crying.. That’s what gets me bashed and frankly, I could care less about the bleeding heart losers who bash me.
Peter, I agree with you 100%.. People need to knock it off with the copying and pasting.. WTF.. 99% of the crap people post on these boards is copied and pasted from somewhere.. None of them are smart enough to come up with so much as a fraction of the bulls--- they post.. Say what you feel, use your own name and MAN UP!! I say..
January 26th, 2009 at 5:48 pm
Me personally? Until baseball season starts I have nothing to bet on.. So I wish Israel would get a bug up their ass and start kicking the s--- out of SOMEBODY again!! That’s ALWAYS fun to watch!! Im not sure what is more fun, watching bodies fly every which way or listening to these sheeple cry like babies about it.. Havent decided..
January 26th, 2009 at 7:05 pm
After everything is fully mechanised, maybe the masses will compete for jobs serving the elites who monopolized the system. I’m sure there are plenty of openings for “Palm leaf fan boy”, on the left or right side of say, Obama or Hillary as they dictate from their thrones. Dress to impress- so wear your loincloth, and sandals.
Other jobs in demand will include prostitutes for international businessmen, security guards, social worker database entry positions, brain dead immoral law enforcement/military, and of course the coveted positions of maids/butlers and general palace slaves.
If your a good little slave, masa gonna give ya a piece dat corn bread….. but only if you have your world citizenship ID in your right hand or forehead…..
January 26th, 2009 at 7:39 pm
Will my Berkey water purifier work when the water turns to blood?
January 26th, 2009 at 8:30 pm
The truth to the matter is that we have not seen the beast in the face yet. We are still running around with our I-PODS, BLACKBERRYS, PSP’S, you name it. People in parts of europe, latin america grab their balls and go out in the streets to go head hunting for motherf---ers that steal their money. Motherf---ers meaning the government, here in the U.S another breed of people reside. The ones that are fooled, the ones that have been spoiled, the ones that became pussified and do not have the guts to go out in the street and revolt against a government that slaps you in the face and laughs about it. The stimulous plan? f--- IT!!!!!!!!!!!!!!. That is like digging in your pockets and at the end spit on your face. People will never wake up here, everyone is afraid about what the other people are saying, there is no unification especially because the media and plainly the system was designed to keep everyone under the fist. All you people who oppose the NWO and post it on this site are a bunch of hypocrits. Dogs that bark will never bite, well think about it you morons. Start by arming yourself and instead of watching american idol, do a little bit of research and learn how to survive and learn how to keep your close ones safe.
integrator Reply:
January 31st, 2009 at 7:26 pm
The people who oppose the NWO and post it on this site are not hypocrites unless they are professing beliefs or opinions that they do not actually hold in order to conceal their real feelings or motives. Be wary of government shills who post on this site.
January 26th, 2009 at 9:01 pm
# yellowhak1 Says:
January 26th, 2009 at 1:32 pm
“msn is now reporting icelands government collapses.”
Not surprising Iceland becomes the first casualty of global warming.
January 26th, 2009 at 10:08 pm
When are people going to wake up…..the muslims are the only group in the world right now actively fighting the NWO and all the sheople out there believe the hype……you have to look at the motivations of people around the world and then look at the motivations with-in your own country…….HHmmmmm………
January 26th, 2009 at 10:20 pm
Congress will vote this week to give states more money to pay for health care costs of illegals.
January 26th, 2009 at 10:23 pm
Gabriel, I agree with your opinion that the job market will head towards serving the elite. The rest that think that trying to fight the NWO with guns have no idea what they are up against. The only person that has come up with an action plan that makes sense to me is C.A. Fitts. This fight will only be won by economic warfare and spiritual warfare. They hope we will try to fight them. She talks about invisible non-lethal weapons ? The way the awake crowd fights with each other have fun organizing an army to resist. Remember good will triumph over these Luciferian control freaks !!!!!
January 26th, 2009 at 10:32 pm
Nate,
I’m with you. Israel needs to keep kicking ass! I LOVE to see dirty palestinian/muslim women and children dismembered and blown away. That means less procreation and less to grow into adults. Those snotty little brats deserved it. They were guilty by birth my brother. Forget white phosphorous, we should just torture them all. You and me all the way Nate; let’s spread the wisdom of our word.
January 26th, 2009 at 10:50 pm
Hell Yeah Viva Isreal! That’s what I’m talking about. Don’t just torture the women and children, we’ll do it in front of their loved ones. When we’re done with them, we’ll turn it towards all these bleeding heart cry babies that think it is somehow virtuous to have compassion for others. I mean, what is wrong with these people. Even as a kid I was taught to kick others when they are down; it’s the only way to live. Thank god for you Viva Israel. It warms my non-bleeding hard heart to know that there are others out there like my self. If you were here, I’d suck your cock right now. Excuse me, I must go relieve myself…
January 26th, 2009 at 11:04 pm
You are all a bunch of bleeding heart losers. Do you not see how absolutely childish it is to care about people other than yourself. I learned very early on when my father ignored me, my mother yelled at me and the rabbi castrated me with a pair of rusty garden shears. It is every man (or in my case, partial man) for himself first, second and third, then maybe others can be considered worthy of…I think the word you use is compassion, whatever that means.
January 26th, 2009 at 11:18 pm
You go Nate! There is no shame in it. You and I are so much alike. When I start thinking too deeply and start to see my flaws, I realize right away that I can’t possibly be flawed. So to get back on top of myself I simply look for perceived flaws in other people. It’s much more convenient than having to listen to my evil conscience. The wonderful thing is that the more I do this, the more obscure that pain in the ass nagging conscience gets. Just ignore the gut feeling Nate. It is a sign of weakness perpetuated by the bleeding-heart losers. Heart of stone is the way to go. Isn’t it a beautiful thing to watch you children grow up in your image NATE. If you don’t have children, you should get some. The world needs more people like us.
January 27th, 2009 at 12:08 am
Someone here is using my name and it is NOT funny. You’re making me look like a stupid DOUCH BAG! I’ll have you know I am NOT stupid. As a matter of fact I am very highly educated. I have almost 12 years total edumacation. I am also extremely well cultured. I have travelled; man have I travelled. I have been to…here and there, and have met many people from…here and there. I have discovered that when I meet people face-to-face, the ones I despise the most, deep down, are the ones that are reflections of myself. I have come to the conclusion that it is because they are trying to copy me. So you see I am not stupid. So stop laughing at me! f---ers!
January 27th, 2009 at 1:30 am
There is nothing new.
January 27th, 2009 at 2:10 am
I WILL PRAISE GOD WHEN THE U.S. ECONOMY AND THE U.S. GOVT. COLLAPSES!! time is short, and ALL OF THESE DAMN RELIGIOUS EVANGELISTS will be part of it, because their prosperity gospel is from the devil. BOMY BOY AND BUSHY BOY are NWO BASTARDS, so it is time we expose them.
January 27th, 2009 at 3:33 am
Lets have a money bomb for Nate and Viva Isreal, they need some mental help…FAST. LOL
January 27th, 2009 at 5:13 am
wow and i thought cheney and rove were f---ed up!
make room for nate and vanila jisreal the sons of perdition!
to Harold – that was funny as hell LMAO
January 27th, 2009 at 9:52 am
Over 1,100 layoff stories for Jan 2009, Dec 2008 … far worse than the net and media telling us!
http://www.layoffdaily.com/
…
January 27th, 2009 at 11:46 am
those money sooner or latter will have to find their way back into economy . Can US taxpayers pay 3 trillion dollar deficit which will be due 2010 ?
hahahaha are you kidding me ?
with millions upon millions losing jobs and others making much less money than they used to how n the world they plan to pay this enormous deficit ?
You know what happens when country can not pay it’s deficit ? Exactly . Demonetization .
Get ready morons . Amero is coming . Dollar must be demonetized sooner or latter .
Liability for future retired baby boomers is absolutely enormous , up to 180 trillion
More than 3 times than World entire economy
If u think dollar will not be demonetized then tell me how we will pay 3 tril deficit by 2010 and then how we will pay SS medicare and other liabilities ? Tell me .
Come on Mother lovers , get it over with . Trash the dollar , lets start all over , we all know u r going to do it . Get it over with .
Liberty Dollar Reply:
January 27th, 2009 at 5:26 pm
Switch to the new currency today. Silver free of bankster or government manipulation. A free, objective value for our money.
Google the American Open Currency Standard and switch to REAL money today!!!
Real Money is only created by those who PRODUCE
January 27th, 2009 at 12:35 pm
Obama’s ‘Repower America’ initiative will pour billions into
new energy projects and create an estimated 5 million NEW jobs.
U.S. oil and natural gas production will surge — handing
profits hand-over-fist to one leading manufacturer of pipelines
and highly specialized equipment for tapping new oil and gas
wells.
It will also open the door for undocumented construction workers.
Seems that every one has a sure fix to Americas Economic issues. The only change I have seen thus far is there isn’t any significant change . . . How possible is it, to mop the floor when no one has the balls to turn off the water at the source (southern boarder).
January 27th, 2009 at 1:46 pm
Here is a Rebuttal to the recent hit piece against Peter Schiff by Michael Shedlock, who claims Inflation is not occurring and the Dollar is “just fine”:
http://www.neithercorp.us/nfor.....sg1733#new
January 27th, 2009 at 4:51 pm
I’d be on the lookout for the real crash to start in just 4-6 weeks .. Lots of underground economists saying this may start sooner than expected. I say lets get this over with .. This poverty is a slow death for most of america!
January 27th, 2009 at 4:55 pm
youtube.com/user/feedbacksol
January 27th, 2009 at 5:24 pm
Stop ceding power to the banksters byusing their monopoly fed notes!!
Now more than 30,000 merchants accepting silver currencies.
Switch to the American Open Currency Standard today!!!!!
January 27th, 2009 at 8:10 pm
It’s so pathetic to listen to everyone I know bitch about how they are losing their jobs. Poor me poor me. These are the people who didn’t need to hear the truth a couple years ago. They didn’t need to get involved and now they are looking for sympathy.
f--- ‘em!
January 27th, 2009 at 8:54 pm
CLINTON PAY OFF SCANDAL CONTINUES!http://news.yahoo.com/s/ap/20090128/ap_on_go_ca_st_pe/clinton_finances CALL YOUR CONGRESSMAN TODAY!
January 27th, 2009 at 9:47 pm
Us nut jobs who keep preaching to acquire “Gold,Guns and Groceries are looking pretty wise right about now…
January 28th, 2009 at 12:16 am
Nevada jobless rate rises to 9.1 percent
January 31st, 2009 at 7:09 pm
ALSO, sign the shut down the FED petition:
http://www.ipetitions.com/petition/AFTF_P_1/?e