racist teabaggers

Discussion in 'The Howard Stern Show' started by balloon knot, Aug 7, 2015.

  1. balloon knot

    balloon knot Well-Known Member

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  2. Mr Fantastic

    Mr Fantastic Found Nemo VIP

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    [​IMG]
     
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  3. Snotty

    Snotty My Snothand be strong!!! VIP Gold

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    Ving is to truth, What fish are to bicycles..........
     
  4. SouthernListen

    SouthernListen I don't follow the crowd. Sorry about that. VIP

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    Listening to some financial stuff this morning. So far. .

    Real wages down 2nd quarter. Weakest number since 1982. (year they started keeping this stat)

    Labor participation rate. Down.

    Full time employment. Down (only part-time is up)
     
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  5. ltd86

    ltd86 Racist Banned User

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    "The Food Stamp President" really encapsulates what should be Baraq's legacy.

    Impoverishment, terrorism, debt, disregard for the Constitution, aka "fundamental transformation"
     
  6. ltd86

    ltd86 Racist Banned User

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    Send Obama voters to the gulags!!!
     
  7. scoobyla

    scoobyla Well-Known Member

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    if bam hadn't veto'd all those great economic bills the republicans sent him, we'd have the best economy ever
     
  8. ltd86

    ltd86 Racist Banned User

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    if bam hadn't weighed down our economy with his marxist policies, we'd have the greatest economy ever (again)
     
  9. scoobyla

    scoobyla Well-Known Member

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    one can make their own economy great.

    so the concept is, the pres sucks, so we give up. why even have an R congress if they arent going to send conservative leading bills to boost the economy.
    write the bill, sell it to the public, send it to bam. if he vetod it, then we can blame him. i think hed sign it even if he didnt like it, he wants to appear clinton-esk and also leave with better economy.
    cant the Rs figure out a solution to anything? or is it just they dont want to cause maybe bam would get credit if the economy zoomed?
     
  10. Ving

    Ving Well-Known Member

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    The unemployed losers like ltd can never explain this:

    Homebuilders take a 'beating' from lack of labor
    Diana Olick | @DianaOlick
    Friday, 17 Jul 2015 | 11:31 AM ETCNBC.com


    Single-family home construction fell to a three-month low in June, which is usually the busiest time for homebuilding. Even building permits are not showing signs of robust growth. Builders claim there is good demand, but they complain they're handcuffed by a lack of skilled labor to build new homes.

    The builders' industry trade group calls the incidence of labor shortages nationwide "surprisingly high," given the fact that homebuilding has barely recovered from its 2008 crash.

    "In fact, the 9-trade shortage is now substantially higher than it was at the peak of the 2004-2005 boom, when annual starts were averaging around 2 million, compared to current rates of about one million," economist Paul Emrath of the National Association of Home Builders wrote in a recent report. Nine-trade refers to the various skills required for homebuilding, such as concrete pouring and carpentry.

    "The last time builder-reported labor shortages were as widespread as now was just before 2001 during a prolonged period of strong GDP growth with overall unemployment as low as 4 percent," he added.

    Unemployment in the construction industry fell in June to the lowest level since 2001, according to an analysis by the Associated General Contractors of America. That's because contractors are having a hard time finding enough qualified workers to meet growing demand, association officials said.

    Read MoreBuilder sentiment hits decade high, at 60

    "Expanding job opportunities throughout the economy make it increasingly difficult for contractors to find experienced construction workers," said Ken Simonson, the association's chief economist. "This scarcity shows up in record workweeks for craft workers and flattening of employment totals despite higher construction spending."

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    A new home is built in Phoenix.
    In Columbia, South Carolina, McGuinn Homes is double-teaming its crews. Trying to frame 15 to 20 houses this week, CEO Wade McGuinn divided his crews, sending them to different lots, but they still only got to half the homes.

    "We're being creative in the way that we're dealing with our trade partners," said McGuinn, a 30-year veteran of the homebuilding business.

    McGuinn cites two contributing factors to the shortage. First, it was slow for so long that a lot of the trades people went into different fields. Second, new federal mandates on immigration laws:

    "We've lost about two-thirds of our Hispanic and South American population in South Carolina, and that has had a profound effect on labor," said McGuinn.

    Local high schools have training programs, but they have been slow to churn out new workers.

    Bigger public builders tend to have it easier, as they have long-standing employees in larger developments. The shortage is hitting local builders harder.

    Local builders, however, still make up the majority of single-family construction in the U.S., and lackluster production is hurting the overall health of the housing market.

    Read MoreHow Dodd-Frank changed housing, for good and bad

    That has wider ramifications for the overall health of the economy. This was noted in the latest survey of economic conditions by the Federal Reserve, known as the Beige Book:

    "Firms from several districts continued to describe shortages for particular types of skilled labor, predominantly in the construction industry."

    Read MoreBeige Book: Economy expanding at moderate to modest pace

    The South is particularly hard hit, as it sees the most single-family home building in the nation by far.

    The labor shortage in Texas has been "a complete beating," said Bruno Pasquinelli, president of CB Jeni Homes in Dallas. "There's not enough guys to pour concrete, it's going to be a challenging six months."

    Other builders say they are not seeing labor shortages, only because demand for new homes in their locations is still weak. That appears to be the case in the Maryland suburbs of Washington.

    "It's just below the surface here in D.C.," said Stephen Paul, executive vice president of homebuilding operations at Mid-Atlantic Builders. "The market is just soft enough where we don't have any problems at the present; however if we get any uptick in volume, it will smack us all hard. It's like once I figure out how to sell homes, I'll then focus on how to build them."

    —CNBC producer Stephanie Dhue contributed to this report.
     
  11. Ving

    Ving Well-Known Member

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    or this:


    Builder sentiment hits decade high, at 60
    Diana Olick | @DianaOlick
    Thursday, 16 Jul 2015 | 10:00 AM ETCNBC.com

    The nation's single-family home builders are feeling a lot better about their business, even as mortgage rates move higher. A monthly sentiment index hit the highest level in July since November of 2005, matching June's revised level.

    The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) came in at 60; 50 is the line between positive and negative sentiment. The index was at 53 in July of 2014. June's reading was revised higher from 59 to 60.

    "This month's reading is in line with recent data showing stronger sales in both the new and existing home markets as well as continued job growth," said NAHB Chief Economist David Crowe. "However, builders still face a number of challenges, including shortages of lots and labor."



    That sentiment was echoed in the latest survey of economic conditions by the Federal Reserve, known as the Beige Book:

    "Firms from several districts continued to describe shortages for particular types of skilled labor, predominantly in the construction industry."

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    New townhouses are under construction in Northeast Washington, DC.
    Builders have benefited from a tight supply of existing homes for sale, which has given them significant pricing power, but some builders are reporting more pushback from buyers lately. Of the three HMI sentiment index components, current sales conditions rose one point to 66, expectations of sales in the next six months rose two points to 71, but buyer traffic dropped one point to 43, still mired in negative territory.

    Another monthly reading released Thursday showed a one percent increase month-to-month in mortgage applications to purchase new homes in June. That report from the Mortgage Bankers Association (MBA) does not include seasonal adjustments.

    "Application activity in June was slightly higher compared to the past two years, leading us to estimate that new homes sales increased 8 percent from May on a seasonally adjusted annual basis," said Lynn Fisher, MBA's vice president of research and economics.


    While home construction has been increasing steadily, it is nowhere near historical norms, nor is it even close to demand levels. Builders are still very cautious, perhaps too cautious, according to investors in the sector.

    "There's not a ton of building going on, leverage in the system is reasonable and we still think this economic cycle has a bit of a ways to go," said Jonathan Gray, global head of real estate at Blackstone at the Delivering Alpha conference presented by CNBC and Institutional Investor. "That's why we're optimistic."

    Read MoreReal estate boom not over, Blackstone expert says at Alpha

    Regionally, on a three-month running average, builder confidence in the West and Northeast each rose three points to 60 and 47, respectively. The South and Midwest posted respective one-point gains to 61 and 55.