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May Factory Orders Drop More Than Expected
CNBC ^ | 07/02/2010 | Reuters

Posted on 07/02/2010 7:20:17 AM PDT by Rational Thought

New orders for U.S. factory products tumbled much more than expected in May, posting their sharpest drop since the depth of the recession and their first decline in nine months, a government report showed Friday

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Front Page News
KEYWORDS: economy; obamadepression; obamarecession; surprise; unanticipated; unexpected; unexpectedly
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To: Rational Thought

I am so FRICKIN’ SICK of the words more than expected. Of course it was expected. Any third grader could tell you that. Just more cover for the Obamanation.


21 posted on 07/02/2010 7:42:13 AM PDT by 70th Division (I love my country but fear my government!)
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To: Rational Thought
Barack Obama's morning comments on today's jobs report...

"Now, make no mistake: We are headed in the right direction."

It begs the questions, which side is he on, and has Barack Obama ever been a USC Cheerleader?


22 posted on 07/02/2010 7:43:09 AM PDT by OldDeckHand
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To: Jack Hydrazine

Unexpectedly unexpected....


23 posted on 07/02/2010 7:46:20 AM PDT by Kozak (USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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To: evets

24 posted on 07/02/2010 7:46:23 AM PDT by dfwgator
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To: Rational Thought

Another “unexpected” negative economic news item. It’s not even funny anymore.


25 posted on 07/02/2010 7:50:55 AM PDT by Buckeye Battle Cry (Enjoy nature - eat meat, wear fur and drive your car!)
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To: Rational Thought

The problem with “free trade” goes back to that mighty novel by Ayn Rand, Atlas Shrugged.

The philosophy was perfect.

The idea splendid.

The execution, a historical disaster for our once-industrial nation.

Where “free trade” went wrong, was in not keeping Galt’s Gulch in the United States of America.

Texas would have been a good location.

Oklahoma. Kansas, Nebraska. Idaho. Utah or Montana. Wyoming even.

But shipping our jobs and industrial base to history’s single largest communist nation ever, has been indescribably STOOPID.

Beyond stupid.


26 posted on 07/02/2010 7:57:45 AM PDT by Cringing Negativism Network (http://www.youtube.com/watch?v=RR1fDL7x1Sg)
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To: Cringing Negativism Network

Hey, I’ve got an idea! In order to support our high standard of living, we should mandate higher wages! Employers will pay these higher wages because we will force them to charge more for their products! And everyone should live in their own house, too! We will make it easier for people to get mortgages! What can possibly go wrong?


27 posted on 07/02/2010 8:00:02 AM PDT by 1rudeboy
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To: 1rudeboy

At this point almost anything is better than what we’re doing.

Your way has been tried long enough.

Bring back our factories and our jobs. To America. Or close them.

NOW.


28 posted on 07/02/2010 8:01:44 AM PDT by Cringing Negativism Network (http://www.youtube.com/watch?v=RR1fDL7x1Sg)
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To: Cringing Negativism Network

And make the damn trains run on time! We need a leader!


29 posted on 07/02/2010 8:02:38 AM PDT by 1rudeboy
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To: Tulane
As soon as a Republican's in office this use of "unexpected" will stop.

"Bad news" is ONLY unexpected when a liberal democrat's in office.

When a Republican's in office the word will be used for good news - the MSM will scream how bad it is - and when the numbers come out good, they'll say the good news is "unexpected".

Bias: the ugly reality that's killing the news business.

30 posted on 07/02/2010 8:10:02 AM PDT by GOPJ (There is nothing unexpected about the failure of socialism/communism.freeper pieceofthepuzzle)
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To: 1rudeboy

We don’t need a “strong leader”, or even trains.

We need American jobs.

We don’t get American jobs, by sending American jobs overseas.

That’s a absurd as Nancy Pelosi claiming jobs are created by unemployment benefits.

Bring back American jobs. If it means protectionism, then bring it on.

After all, the root for that word, is one which most everyone in a position of responsibility can relate to:

“Protect”.

Let’s protect America for a change!
Selfishly, and without needing an embarrassed explanation.

America.

First.


31 posted on 07/02/2010 8:11:04 AM PDT by Cringing Negativism Network (http://www.youtube.com/watch?v=RR1fDL7x1Sg)
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To: Cringing Negativism Network
Exactly! We need more government interference in the economy, Obama.
32 posted on 07/02/2010 8:13:06 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Cringing Negativism Network
If it means protectionism, then bring it on.

After all, the root for that word, is one which most everyone in a position of responsibility can relate to:

“Protect”.

The root of the word progressive is progress.

You must love the progress Obama is causing. LOL!

33 posted on 07/02/2010 8:15:05 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Rational Thought

Why does this FR thread from Wednesday just stick in my mind?


Unexpectedly Friday is coming up this week.
http://www.freerepublic.com/focus/f-chat/2544379/posts


34 posted on 07/02/2010 8:35:23 AM PDT by Arrowhead1952 (Remember in November. Clean the house on Nov. 2. / Progressive is a PC word for liberal democrat.)
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To: Toddsterpatriot
The Road to Serfdom (Illustrated), F. A. Hayek.
35 posted on 07/02/2010 8:51:37 AM PDT by 1rudeboy
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To: Cringing Negativism Network

Im all for looking out for US interests first.....but how are you going to mandate that the factory jobs come back when basic market forces is working in the other direction?

We can outlaw imports from China, that would immediately cause exporters to relocate fact ores to India or Vietnam or Eastern Europe, how does that improve our situation?

We can outlaw imports from ALL lower cost countries(that includes the EU and Japan). That would mean the price a tshirt is going to be $100, the price of a car would be 50-60k USD. We would have the living standards of a 3rd world country.


36 posted on 07/02/2010 11:41:35 AM PDT by artaxerces
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To: Rational Thought

So at what point does the nation refuse to drink any more kool-aid? Or do we wait like those in Jim Jones establishment for them to take away even our means to defend ourselves?


37 posted on 07/02/2010 4:05:37 PM PDT by Soothesayer9
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To: agere_contra

And when you’ve done all that, you’ll find that the Chinese can still under-cut us on price.

There is no free trade where currency manipulation is allowed. And having a peg of the yuan to the US dollar insures that the Chinese are able to undercut our industry every day, all day.

The standard PR spin of the “free trade uber alles!” folks is wearing rather thin. Walmart bought this hook line and sinker. And now, with American wages and household incomes stagnating and falling, Walmart is having to cut prices to make sure they can still sell the imported Chinese crap.


38 posted on 07/02/2010 4:50:02 PM PDT by NVDave
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To: AdmSmith; Berosus; bigheadfred; blueyon; Convert from ECUSA; dervish; Ernest_at_the_Beach; ...

Thanks Rational Thought.


39 posted on 07/02/2010 5:26:59 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
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To: NVDave

Sam Walton has been rolling in his grave for decades. I’m old enough to remember a Walmart that sought out American-made products and proudly advertised that fact.

Then, old Sam died and his heirs took over.


40 posted on 07/02/2010 5:37:51 PM PDT by RegulatorCountry
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