BillsFanNC Posted July 29, 2022 Share Posted July 29, 2022 1 Link to comment Share on other sites More sharing options...
Gene Frenkle Posted July 29, 2022 Share Posted July 29, 2022 1 hour ago, DRsGhost said: Wow, I think you might be on to something! We've been in a recession for the past 6 months and everyone knows it. The denials are hilarious. Link to comment Share on other sites More sharing options...
Doc Posted July 29, 2022 Share Posted July 29, 2022 23 minutes ago, Gene Frenkle said: Wow, I think you might be on to something! We've been in a recession for the past 6 months and everyone knows it. The denials are hilarious. You might want to tell your lib friends and the Admin then. They might listen to you... Link to comment Share on other sites More sharing options...
Gene Frenkle Posted July 29, 2022 Share Posted July 29, 2022 19 minutes ago, Doc said: You might want to tell your lib friends and the Admin then. They might listen to you... What should I tell my Conservative friends? Imagine yourself taking the "other" side of any position. 😂 Link to comment Share on other sites More sharing options...
BillsFanNC Posted July 29, 2022 Share Posted July 29, 2022 47 minutes ago, Gene Frenkle said: Wow, I think you might be on to something! We've been in a recession for the past 6 months and everyone knows it. The denials are hilarious. Everyone? Really now... Ohhhh you must have meant "everyone" except administration officials, the media and President Biden himself. My bad. The sky is green. Link to comment Share on other sites More sharing options...
Gene Frenkle Posted July 29, 2022 Share Posted July 29, 2022 1 minute ago, DRsGhost said: Everyone? Really now... Ohhhh you must have meant "everyone" except administration officials, the media and President Biden himself. My bad. The sky is green. <LOTS OF TWATTER LINKS> Weird, the politicians are trying to gaslight us into thinking we're not in a recession right before an election cycle. Who could have predicted that? Let me re-phrase: Anyone who tells you we're not in a recession either: Is lying to you for political reasons. Doesn't understand how any of this works. Is one of those people on either side who simply believes what they're being fed. That said, anyone who is triggered or outraged by this predictable behavior is being disingenuous. Why are you getting your panties in a wad about it? It means nothing. You should be happy at the fact that the financial world is laughing at them for it. Do you think Joe Biden caused the recession? 1 Link to comment Share on other sites More sharing options...
Doc Posted July 29, 2022 Share Posted July 29, 2022 1 hour ago, Gene Frenkle said: What should I tell my Conservative friends? Imagine yourself taking the "other" side of any position. 😂 I rarely take one side. I like to consider both sides of any issue and typically try to come to a compromise. But in a case like this, it's clear-cut that we're in a recession but the Dems don't want to admit it because of the mid-terms. Link to comment Share on other sites More sharing options...
Gene Frenkle Posted July 29, 2022 Share Posted July 29, 2022 1 minute ago, Doc said: I rarely take one side. I like to consider both sides of any issue and typically try to come to a compromise. But in a case like this, it's clear-cut that we're in a recession but the Dems don't want to admit it because of the mid-terms. I have literally never seen you take the "liberal" side of any issue. Still taking HCQ with or without zinc? Link to comment Share on other sites More sharing options...
TSOL Posted July 29, 2022 Share Posted July 29, 2022 How come nobody ever talks about Bidens successes? 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted July 29, 2022 Share Posted July 29, 2022 2 minutes ago, TSOL said: How come nobody ever talks about Bidens successes? You start. Go! 1 Link to comment Share on other sites More sharing options...
OrangeBills Posted July 29, 2022 Share Posted July 29, 2022 11 minutes ago, TSOL said: How come nobody ever talks about Bidens successes? Because this is the Liberal mind-set (they have no idea how an economy works): Biden got up today and rambled off like 4-5 gov't initiatives of borrowing/taxing and then spending money, then declared "that doesn't sound like a Recession to me" These people are so beyond clueless. SURE! Fake a Pandemic, hand over $1 TRILLION to Pfizer/Pharma, then demand back $200B like that's some "policy win" and give that money to Leftist-friendly Green technology future failures (I'm not even negative on Green Technologies, quite the opposite, but they should happen like any other, some subsidies are fine just like the fossil fuel industry because in the end, and as Europe is finding out, Energy is a National Security issue) Throw $100B at the IRS because there are "tax-evaders" out there not "paying their fair share" when literally 60% of Americans don't even PAY income tax?! Idiots. 1 Link to comment Share on other sites More sharing options...
TSOL Posted July 29, 2022 Share Posted July 29, 2022 40 minutes ago, SoCal Deek said: You start. Go! Ok I'll start. I'd say the fist bump with the shah of Punjabi was probably Bidens crowning moment. Now Im expecting the rest of you to add some positivity to this thread. Link to comment Share on other sites More sharing options...
ALF Posted July 29, 2022 Share Posted July 29, 2022 $2,245.62 a second: ExxonMobil scores enormous profit on record gas prices Exxon's profit, excluding special items, came to $17.6 billion in the second quarter, nearly double what it made in its very profitable first quarter as oil and gas prices started to soar in the wake of Russia's invasion of Ukraine. Second-quarter profit was up 273% from the same period a year ago. Chevron earned $11.4 billion excluding special items, up 74% from the first quarter and 247% from a year ago. https://www.cnn.com/2022/07/29/energy/exxonmobil-chevron-earnings/index.html Link to comment Share on other sites More sharing options...
TSOL Posted July 29, 2022 Share Posted July 29, 2022 1 minute ago, ALF said: $2,245.62 a second: ExxonMobil scores enormous profit on record gas prices Exxon's profit, excluding special items, came to $17.6 billion in the second quarter, nearly double what it made in its very profitable first quarter as oil and gas prices started to soar in the wake of Russia's invasion of Ukraine. Second-quarter profit was up 273% from the same period a year ago. Chevron earned $11.4 billion excluding special items, up 74% from the first quarter and 247% from a year ago. https://www.cnn.com/2022/07/29/energy/exxonmobil-chevron-earnings/index.html Heart warming Link to comment Share on other sites More sharing options...
Gene Frenkle Posted July 29, 2022 Share Posted July 29, 2022 I love being gouged by large corporations. Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted July 29, 2022 Share Posted July 29, 2022 2 hours ago, ALF said: $2,245.62 a second: ExxonMobil scores enormous profit on record gas prices Exxon's profit, excluding special items, came to $17.6 billion in the second quarter, nearly double what it made in its very profitable first quarter as oil and gas prices started to soar in the wake of Russia's invasion of Ukraine. Second-quarter profit was up 273% from the same period a year ago. Chevron earned $11.4 billion excluding special items, up 74% from the first quarter and 247% from a year ago. https://www.cnn.com/2022/07/29/energy/exxonmobil-chevron-earnings/index.html I wonder why this article neglects to mention its about 10% profit margin based on revenue which is actually pretty piss poor profit margin? 🤔 Link to comment Share on other sites More sharing options...
Demongyz Posted July 29, 2022 Share Posted July 29, 2022 1 minute ago, Over 29 years of fanhood said: I wonder why this article neglects to mention its about 10% profit margin based on revenue which is actually pretty piss poor profit margin? 🤔 The government, Federal and State make more than that off it. Perhaps we should whine about them Link to comment Share on other sites More sharing options...
ALF Posted July 29, 2022 Share Posted July 29, 2022 18 minutes ago, Over 29 years of fanhood said: I wonder why this article neglects to mention its about 10% profit margin based on revenue which is actually pretty piss poor profit margin? 🤔 How much more would you like us to be paying for gas to give the energy companies a better profit margin then now ? 1 Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted July 29, 2022 Share Posted July 29, 2022 6 minutes ago, ALF said: How much more would you like us to be paying for gas to give the energy companies a better profit margin then now ? I’m only pointing out the article neglects that detail. I’m sure you work for free, but some businesses aren’t charities. Link to comment Share on other sites More sharing options...
ALF Posted July 29, 2022 Share Posted July 29, 2022 1 minute ago, Over 29 years of fanhood said: I’m only pointing out the article neglects that detail. I’m sure you work for free, but some businesses aren’t charities. So how much more do you want us to be paying so these businesses are not charities ? Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted July 29, 2022 Share Posted July 29, 2022 (edited) 5 minutes ago, ALF said: So how much more do you want us to be paying so these businesses are not charities ? you heard Pete, if you don’t like it buy a Tesla. if you don’t want Exxon to profit don’t buy their product. 16 minutes ago, ALF said: How much more would you like us to be paying for gas to give the energy companies a better profit margin then now ? Correct, state and federal tax component of gas price per gallonexceeds the net margin to the oil companies. Edited July 29, 2022 by Over 29 years of fanhood Link to comment Share on other sites More sharing options...
SoCal Deek Posted July 30, 2022 Share Posted July 30, 2022 So if the oil companies are gouging their customers now, why weren’t they under the last Administration? Let me guess…Putin, something, something? The evil corporations liberal talking points are old and tired. 1 Link to comment Share on other sites More sharing options...
Doc Posted July 30, 2022 Share Posted July 30, 2022 On 7/29/2022 at 1:42 PM, Gene Frenkle said: I have literally never seen you take the "liberal" side of any issue. Still taking HCQ with or without zinc? And you haven’t been paying attention. I said that abortion should be allowed until 20 weeks. I’ve also said that we need to do something about assault weapons. I have no problem with people of color (since I am one) or homosexuals. as for your last statement, that isn’t a partisan issue. At least it shouldn’t have been. 1 Link to comment Share on other sites More sharing options...
B-Man Posted July 31, 2022 Share Posted July 31, 2022 . Link to comment Share on other sites More sharing options...
BillsFanNC Posted July 31, 2022 Share Posted July 31, 2022 (edited) Amazing how the current occupant of the White House determines the current definition of long accepted terms. if Trump currently occupied the WH not only would we be in a recession right now, it would be the worst one in US history. Nah, you guys haven't been had at all. Edited July 31, 2022 by DRsGhost 3 Link to comment Share on other sites More sharing options...
ALF Posted July 31, 2022 Share Posted July 31, 2022 Inflation , supply chain and energy policy are the B word now and all the misery it causes. Link to comment Share on other sites More sharing options...
Big Blitz Posted August 1, 2022 Author Share Posted August 1, 2022 Congrats everybody! Link to comment Share on other sites More sharing options...
B-Man Posted August 1, 2022 Share Posted August 1, 2022 GREAT MOMENTS IN TIMING: Biden Pushes Massive Tax Hike on Workers as Recession Begins. The best way to revive an economy as you head into a recession is to slap businesses and workers with a massive tax hike. Said no legitimate economist ever. Yet that’s apparently the best plan President Joe Biden and Democrats in Congress can come up with. Their new so-called “Inflation Reduction Act,” which would do almost nothing to reduce inflation, also includes a $315 billion tax on businesses. This comes in the form of a 15% “minimum corporate tax” applied to major U.S. corporations. https://www.based-politics.com/2022/07/31/inflation-reduction-act-massive-tax-hike-on-workers/ Link to comment Share on other sites More sharing options...
thenorthremembers Posted August 1, 2022 Share Posted August 1, 2022 18 hours ago, DRsGhost said: Amazing how the current occupant of the White House determines the current definition of long accepted terms. if Trump currently occupied the WH not only would we be in a recession right now, it would be the worst one in US history. Nah, you guys haven't been had at all. I stopped listening when he said "real experts." Saying something like that is a sure sign you're talking to an elitist, and elitist pukes like this guy have no insight into real life. 1 Link to comment Share on other sites More sharing options...
BillsFanNC Posted August 1, 2022 Share Posted August 1, 2022 Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted August 1, 2022 Share Posted August 1, 2022 50 minutes ago, DRsGhost said: This just shows how unscientific and out of touch these hacks are. 400k was their definition of rich before successive quarters of massive inflation. At this rate it that’ll be minimum wage for a working couple in 7 years. Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted August 1, 2022 Share Posted August 1, 2022 4 minutes ago, Over 29 years of fanhood said: This just shows how unscientific and out of touch these hacks are. 400k was their definition of rich before successive quarters of massive inflation. At this rate it that’ll be minimum wage for a working couple in 7 years. Its very scientific. Unfortunately, its "political" science. Link to comment Share on other sites More sharing options...
Tiberius Posted August 1, 2022 Share Posted August 1, 2022 Gas prices just keep falling. Pretty soon the entire increase will be the result of Putin's murderous war against a free people Link to comment Share on other sites More sharing options...
TSOL Posted August 1, 2022 Share Posted August 1, 2022 23 minutes ago, Tiberius said: Gas prices just keep falling. Pretty soon the entire increase will be the result of Putin's murderous war against a free people I guess I can start taking my lifted dodge ram 3500 to Wegmans and target again 1 Link to comment Share on other sites More sharing options...
B-Man Posted August 1, 2022 Share Posted August 1, 2022 When Senator Joe Manchin (D-WV) went on NBC’s “Meet the Press” yesterday he said that the $700 billion climate change, energy, and health care proposal he announced last week with Senate Majority Leader Chuck Schumer would not raise taxes. “We should not increase taxes, and we did not increase taxes,” he told NBC’s “Meet the Press.” But a new study by the U.S. Congress’s nonpartisan Joint Committee on Taxation has found that not only would the legislation increase taxes, it would increase taxes by $11 billion more on Americans earning below $200,000 per year than on Americans earning between $500,000 and $1 million, in 2023. And the legislation would increase taxes by $3 billion more on Americans earning below $200,000 per year than on Americans earning between $200,000 and $500,000 per year https://www.zerohedge.com/political/senate-dem-proposal-would-hike-taxes-lower-incomes Link to comment Share on other sites More sharing options...
ALF Posted August 2, 2022 Share Posted August 2, 2022 Manchin also pushed back on the idea that his bill will raise taxes on the middle class in separate comments. "There's not one penny of change in taxes, I have no idea where they're coming down," Manchin said. "The only thing that was done… if you are a company of a billion dollars or more… you should pay at least a minimum of 15%." Manchin further said that, "I can't believe that they would say" the bill would affect average Americans' taxes. "It's not going to affect… not at all," he said. https://www.foxnews.com/politics/manchin-disputes-data-showing-social-spending-bill-raise-taxes-middle-class-during-recession Link to comment Share on other sites More sharing options...
ALF Posted August 2, 2022 Share Posted August 2, 2022 First on CNN: Top economists say Democrats' health care and climate package will put 'downward pressure on inflation "This historic legislation makes crucial investments in energy, health care, and in shoring up the nation's tax system. These investments will fight inflation and lower costs for American families while setting the stage for strong, stable, and broadly-shared long-term economic growth," 126 economists said in a letter sent to congressional leadership Tuesday, which was first obtained by CNN. https://www.cnn.com/2022/08/02/politics/economists-democrats-package-downward-pressure-inflation/index.html And we rest our case 🙂 Link to comment Share on other sites More sharing options...
TSOL Posted August 2, 2022 Share Posted August 2, 2022 5 minutes ago, ALF said: First on CNN: Top economists say Democrats' health care and climate package will put 'downward pressure on inflation "This historic legislation makes crucial investments in energy, health care, and in shoring up the nation's tax system. These investments will fight inflation and lower costs for American families while setting the stage for strong, stable, and broadly-shared long-term economic growth," 126 economists said in a letter sent to congressional leadership Tuesday, which was first obtained by CNN. https://www.cnn.com/2022/08/02/politics/economists-democrats-package-downward-pressure-inflation/index.html And we rest our case 🙂 When is this gonna kick in? In like 15 years when I finally work hard enough and convince my boss for a $1 an hour raise and I'm 68? Link to comment Share on other sites More sharing options...
SoCal Deek Posted August 2, 2022 Share Posted August 2, 2022 1 hour ago, ALF said: First on CNN: Top economists say Democrats' health care and climate package will put 'downward pressure on inflation "This historic legislation makes crucial investments in energy, health care, and in shoring up the nation's tax system. These investments will fight inflation and lower costs for American families while setting the stage for strong, stable, and broadly-shared long-term economic growth," 126 economists said in a letter sent to congressional leadership Tuesday, which was first obtained by CNN. https://www.cnn.com/2022/08/02/politics/economists-democrats-package-downward-pressure-inflation/index.html And we rest our case 🙂 Sweet! Yet another issue….. solved. Let’s see what’s next on the spin agenda for today. Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted August 2, 2022 Share Posted August 2, 2022 5 minutes ago, SoCal Deek said: Sweet! Yet another issue….. solved. Let’s see what’s next on the spin agenda for today. It must be true. As 126 economists dependent on government funds and grants to earn a living conclude that more useless government spending is the best way to subdue inflation. Next trick. Pay the dancing monkeys to say the sky is green. And presto, they will! 1 Link to comment Share on other sites More sharing options...
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