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Contrast this article I posted yesterday morning from the same source:

The US Economy Continues To Look Stronger And Stronger

The DJIA is down 334 as I post.

1 posted on 01/27/2015 7:35:52 AM PST by blam
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To: blam
The economy is a pie. If catapillar does not make a dollar some other dolt will make it. They do not just go away.

I bought a set of arrows and a bow from what I have saved on gasoline already this year.

2 posted on 01/27/2015 7:38:01 AM PST by urbanpovertylawcenter (the law and poverty collide in an urban setting and sparks fly)
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To: blam
Dr Copper
3 posted on 01/27/2015 7:40:06 AM PST by blam (Jeff Sessions For President)
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To: blam

Caterpillar and other Dow companies are hit by the strong dollar and poor overseas sales. The relative strength of the US economy is itself causing some of their problems.


4 posted on 01/27/2015 7:42:12 AM PST by proxy_user
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To: blam

for later


6 posted on 01/27/2015 7:46:59 AM PST by Doctor 2Brains
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To: blam

Not to mention the humongous IBM layoffs and other employee reductions already announced to take effect almost immediately.

“A report in Forbes on Thursday said the company was preparing to cut its workforce by 26%, which would amount to the largest workforce reductions in IBM’s history and affect more than 100,000 employees.”

http://www.wsj.com/articles/ibm-dismisses-report-of-massive-layoffs-1422289059


7 posted on 01/27/2015 7:48:16 AM PST by Iron Munro ("Alcohol, Tobacco and Firearms - Open Up!" "Must be another UPS delivery, honey.")
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To: blam
Evidently, even loyal bureaucrats can no longer stomach Soetoro economic fantasies. Sooner or later the truth forces itself to the surface. Expect to see more backtracking between now and the next election.
10 posted on 01/27/2015 7:50:01 AM PST by immadashell (The inmates are running the asylum.)
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To: blam

The DOW is now down 387. At what point do they suspend trading? Gold and silver are trending upward.


11 posted on 01/27/2015 8:02:30 AM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: blam

But.....but.....the Era of Crisis is over. Bammy said so last week.


15 posted on 01/27/2015 8:22:00 AM PST by edpc (Wilby 2016)
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To: blam
This Report Is A Terrible Sign For The Economy

Wait! It's only been a week or so since 0bama's propaganda bureau was crowing about lower unemployment and how the economy was growing! That can't be wrong, can it? /sarc

17 posted on 01/27/2015 8:26:10 AM PST by The Sons of Liberty (OK. Now How many votes do we need to IMPEACH and REMOVE the bastard?)
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