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15 Signs That You Better Get Prepared For The Obama Recession Of 2013
The Economic Collapse Blog ^ | Januray 31, 2013 | Michael @ TEC

Posted on 02/01/2013 5:03:51 AM PST by Diana in Wisconsin

#1 The mainstream media was absolutely shocked when it was announced that U.S. GDP actually contracted at an annual rate of 0.1 percent during the fourth quarter of 2012. This was the first contraction that the official numbers have shown in more than three years. But of course the truth is that the official numbers always make things appear better than they really are. According to John Williams of shadowstats.com, U.S. GDP growth has actually been continuously negative all the way back to 2005 once you account "for distortions in government inflation usage and methodological changes that have resulted in a built-in upside bias to official reporting."

#2 For the entire year of 2012, official U.S. GDP growth was only about 1.5%. According to Art Cashin, every time economic growth has fallen that low (below 2 percent annually) the U.S. economy has always ended up going into a recession.

#3 According to the Conference Board, consumer confidence in the United States has hit its lowest level in more than a year.

#4 For the week ending January 26th, initial claims for unemployment rose to 368,000. In future weeks, watch to see if it goes above 400,000. If we hit that level, that will be a sign of real trouble for the economy.

#5 During the first full week of January, an astounding $114 billion was pulled out of U.S. banks. That is the largest amount that we have seen moved out of U.S. banks in one week since 2001.


TOPICS: Business/Economy; Conspiracy; Government; Politics
KEYWORDS:
More to follow, if you can stomach it!
1 posted on 02/01/2013 5:03:55 AM PST by Diana in Wisconsin
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To: dennisw; BipolarBob

For the financial Ping List, if applicable...


2 posted on 02/01/2013 5:04:35 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Diana in Wisconsin
15 Signs That You Better Get Prepared For The Obama Recession Of 2013

Only one sign necessary, Obama is still in office.

3 posted on 02/01/2013 5:13:00 AM PST by CPOSharky (zero slogan: Expect less, pay more. (apologies to Target))
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To: Diana in Wisconsin
Economy Shrinking, Debt Soaring, And Obama's Talking..."God, Guns and Gays?"
4 posted on 02/01/2013 5:15:27 AM PST by blam
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To: Diana in Wisconsin

Even The Obama Propaganda Machine won’t be able to stop people from seeing the realities of the failure of his economic and socialistic policies at the grocery store and gas pumps and soon their tax bills and Obamacare bills. I don’t think O figured in the massive loss of jobs (a huge proportion due to Obamacare), reduction of wages, and destruction and reduction of the middle class to pay for all of his entitlement programs into the equation. Implosion imminent.


5 posted on 02/01/2013 5:17:51 AM PST by jsanders2001
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To: jsanders2001
15 Signs That You Better Get Prepared For The Obama Recession Of 2013

Very True

6 posted on 02/01/2013 5:19:31 AM PST by scooby321 (AMS)
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To: jsanders2001

Where I live now, gas prices and their changes are fascinating. Five or six times now in the last year, prices have inched their way down to a fairly low price (lowest was $2.98) only to be jacked up by 40 cents in one day. This last week they went to $3.16 and the next day ALL the stations were at $3.49, and then $3.59 the next day. Yet I’ve heard nothing about some catastrophic event to explain it.


7 posted on 02/01/2013 5:23:29 AM PST by cuban leaf (Were doomed! Details at eleven.)
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To: Diana in Wisconsin

But wait a minute, I just saw George on GMA and he says, “168,000 jobs were created.” He didn’t mention anything about what you posted.

I love the news media today,

“It’s simple, if it’s not reported then it’s not a crises.”

I wonder if those unemployed who went to bed last night were thinking about finding a job or immigration reform, same sex marriage, gun contol etc etc.


8 posted on 02/01/2013 5:37:36 AM PST by Undecided 2012
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To: Diana in Wisconsin
Someone's a Debbie Downer today......

:-)

*Waves from across the pond*

Just messin with ya.

9 posted on 02/01/2013 5:44:13 AM PST by Lakeshark (!)
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To: jsanders2001

I DO think ozero figured all this destruction in.

He is a citizen of the world, not one of us.

Never let a crisis go to waste.

They are creating a big one here.

And they won’t waste it.


10 posted on 02/01/2013 5:50:29 AM PST by Texas resident (I'm not a lawyer, but I play one on FR)
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To: Diana in Wisconsin

But we are in “recovery”!

we are so screwed and NO ONE in Washington seems to care.


11 posted on 02/01/2013 5:58:01 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: cableguymn

Well, they voted the ahole back in. Let them live with it.


12 posted on 02/01/2013 6:08:18 AM PST by DooDahhhh (ma)
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To: Undecided 2012

No kidding. We are in a WORLD of hurt...


13 posted on 02/01/2013 6:08:45 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Lakeshark

Debbie REALIST. and it’s all by design, Comrade. All. By. Design.

I’m REALLY having a hard time deciding if this man is THIS STUPID, or THIS EVIL.

Grrrr!


14 posted on 02/01/2013 6:11:37 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: Diana in Wisconsin
Comrade brother to you, dear Comrade sister.....

:-)

Simple answer: Both. Stupid AND evil

15 posted on 02/01/2013 6:17:00 AM PST by Lakeshark (!)
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To: Diana in Wisconsin

Recession hell, it will be a depression. Judging by the law of economics, the Democrat Party’s policies, the “horse sense” of the younger people coming along, I do not forsee things getting better. I do forsee them getting worse, much worse.


16 posted on 02/01/2013 6:22:09 AM PST by sport
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To: Diana in Wisconsin

Not hard to figure it out, he’s both.


17 posted on 02/01/2013 6:26:09 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Diana in Wisconsin
In my opinion, he is far from stupid. He accomplished things in less than two years that the Cintons could only dream about. But to give the Clintons their due, they were,as they demonestrated over and over, not particularly intelligent. They just had a media that was willing to lie and cover for them. What they had was no principles, no morals, and bad character. obama has all these traits plus he is intelligent. obama is pure unadultrated evil. He does not possess a single redeeming charistic.

If you get a chance, or even care to, go to youtube and compare the worship and support of the Germans to Hitler to obama's deciples worship and devotion to him.

18 posted on 02/01/2013 6:54:35 AM PST by sport
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To: Diana in Wisconsin
For a long while I have resisted the thought that Hussein is the Antichrist - but my mind is shifting.......this thing is pure evil.
19 posted on 02/01/2013 6:58:16 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: Cheerio
Evil is the word... Exactly.
20 posted on 02/01/2013 7:01:47 AM PST by JDoutrider
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To: Diana in Wisconsin

Dealing with ignorant, incompetent, or plain old stupid people can be pretty frustrating or even quite aggravating. They screw up things that other people are stuck having to fix.

What’s missing, though, are behaviors highly suggestive of malevolence, craft, corruption, deceit, duplicity, subterfuge, thuggery, pathological lying and bullying and so on and so forth. You know, the character traits that emit from the abyss.

Anyone who is willing and eager to “collect ‘em all” and put such traits on display is just plain evil.

Obama is intelligent in the worldly sense, but he has zero wisdom or understanding, electing to use his abilities to seize personal power and to destroy others.

If there is a silver lining, it is that this thin-skinned, ruthless, detached, narcissistic despot is inherently lazy.


21 posted on 02/01/2013 7:41:22 AM PST by Ezekiel (The Obama-nation began with the Inauguration of Desolation.)
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To: DooDahhhh

while I don’t have a problem with them living with it... I do have a problem living with it myself.


22 posted on 02/01/2013 9:18:00 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Cheerio

Only thing left for him to do is make a 7 year deal in the middle east. I don’t think BB will play nice with that idea though.


23 posted on 02/01/2013 9:22:16 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Diana in Wisconsin; chuckles; Boogieman; BipolarBob; yldstrk; nodakkid; Aquamarine; BenLurkin; ...

pinged


24 posted on 02/01/2013 9:23:51 AM PST by dennisw (too much of a good thing is a bad thing --- Joe Pine)
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To: cableguymn
I don’t think BB will play nice with that idea though.

How did I get dragged into this mess?

25 posted on 02/01/2013 10:34:10 AM PST by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: BipolarBob

LOL. Not you BB ;)


26 posted on 02/01/2013 11:12:20 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: Diana in Wisconsin
#6 The U.S. Mint was on pace to sell more silver eagles during the first month of 2013 than it did during the entire year of 2007. Why is so much silver being sold all of a sudden?

Could this be an indicator that silver is reaching a top or just a sign of worse times ahead?

27 posted on 02/01/2013 2:02:31 PM PST by Aquamarine
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To: Aquamarine

Silver is nowhere near it’s top. Some are saying $100/oz and up. It’s been hovering around $32 lately.

Supposedly, when gold takes off, it’s going to drag silver along.

We’ll see!


28 posted on 02/01/2013 3:38:15 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: cuban leaf
Same thing here in Central Indiana. I heard there was a refinery fire in Illinois but they also said that the winter blends are being phased out and the summer blends are being produced. Henceforth, a shortage of winter blend gasolines, higher prices.

But you also need to factor in what's going on overseas in the Middle East as well.

I have a gut feeling that this year is gonna be a very bad year, and things won't be getting better any time soon.

29 posted on 02/02/2013 4:13:57 PM PST by ducttape45
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