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God Bless President Biden

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Obviously the board's slowest doesn't listen to much of anything.

Sunny

whats this? Biden economy and inflation so bad Fed has to react

The Fed now has no choice but to push the US into a 'hard landing' recession to pull inflation down, strategist says​

Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017. Reuters/Joshua Roberts
  • The Fed has no choice but to push the US into a recession, TD Securities strategist Pirya Misra said.
  • That's because strong data will force the central bank to remain aggressive and pull economic activity lower.
  • Misra predicted rates would reach 5.25-5.75% this year, and a downturn could hit the economy by midyear.
The Federal Reserve now has no choice but to push the US into a downturn in order to bring down inflation, according to TD Securities strategist Priya Misra.

In an interview with CNBC on Friday, Misra warned that the economy could tip into a downturn by mid-year due to the threat of rising interest rates. Already, central bankers have raised rates 450 basis-points over the last year to take down inflation, a move that threatens to overtighten the economy into a downturn, experts warn.

 
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The #Fakedoctor not happy

Dr. Jackson tells me that low IQ dementia Joe would be lucky to get 5 of the30 right on the competency text?


 
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BScuck!!!!!!!


retard-retard-alert.gif
 
Sorry to disappoint antiAmerican haters, but the Biden Boom continues rolling along. Feel free to express your feelings here.

On Friday morning, the Bureau of Labor Statistics announced 311,000 non-farm payroll jobs were added to the U.S. economy in February, beating expectations and suggesting continued strength in the U.S. labor market.

The unemployment rate also rose more than expected last month, increasing from
 
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Sorry to disappoint antiAmerican haters, but the Biden Boom continues rolling along. Feel free to express your feelings here.

On Friday morning, the Bureau of Labor Statistics announced 311,000 non-farm payroll jobs were added to the U.S. economy in February, beating expectations and suggesting continued strength in the U.S. labor market.

The unemployment rate also rose more than expected last month, increasing from

as my good friend AKA the slow @BSC911 pounds his chest the signs are everywhere for another economic collapse

 
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These are signs of what’s to come. This bank could not keep up with Biden inflation

16 th largest bank in Silicon Valley Bank seized by FDIC in largest bank failure since 2008​


NEW YORK (AP) — The U.S rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.
Silicon Valley, the nation’s 16th largest, failed after depositors — mostly technology workers and venture capital-backed companies — began withdrawing their money as anxiety about the bank’s situation spread this week.

The bank had $209 billion in assets and $175.4 billion in deposits as the time of failure, the FDIC said in a statement. It was unclear how much of deposits was above the $250,000 insurance limit at the moment, but previous regulatory reports showed that much of Silicon Valley Bank’s deposits were above that limit.

The FDIC said deposits below the $250,000 limit would be available Monday morning.

Silicon Valley Bank on Thursday announced plans to raise up to $1.75 billion in order to strengthen its capital position amid concerns about higher interest rates and the economy. Shares of SVB Financial Group plunged 60% Thursday, and rocketed lower again Friday before the open of the Nasdaq where it is traded.

Silicon Valley is not small, holding $209 billion in assets. It acts as a major financial conduit for venture capital-backed companies, which have been hit hard in the past 18 months as the Federal Reserve has raised interest rates and made riskier tech assets less attractive to investors.

Venture capital-backed companies were reportedly being advised to pull at least two months’ worth of “burn” cash out of Silicon Valley Bank to cover their expenses. Typically VC-backed companies are not profitable and how quickly they use the cash they need to run their businesses — their so-called “burn rate” — is a typically important metric for investors.

 
The Biden economy hits GM hard

whats this? Biden Boom?


GM offers buyouts to most salaried employees, in a bleak warning for white-collar workers​

  • GM employees have until March 24 to accept buyout offers.
  • Salaried employees with at least five years of experience qualify for the buyouts.
  • The move is part of a plan to cut $2 billion in costs by the end of next year.
General Motors is implementing a sweeping buyout program that covers a majority of its salaried workforce as the car company continues to cut costs to fund an electric future.

Any salaried GM employee with at least five years of experience or executive with at least two years of experience at the car company qualifies for the voluntary buyout program, sent to employees in a letter Thursday.

The buyout program is part of GM's plan to "accelerate attrition and achieve $2 billion in cost savings by the end of 2024," spokesperson Maria Raynal said in an emailed statement.

Packages vary by job title and tenure. All US salaried employees with at least five years of experience are eligible for one month of pay for every year of service up to 12 months, as well as a pro-rated performance bonus and outplacement services, the spokesperson said.

https://www.businessinsider.com/gm-...es-layoffs-savings-effort-white-collar-2023-3
 
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Biden inflation takes its toll on another major American company with many more to come

Inflation takes its toll as yet another company files for bankruptcy​

The Bottom Line: The filing by Burger King franchisee Meridian is the fourth major Chapter 11 this year. Other companies are facing problems, too, as margins dwindle. By Jonathan Maze on Mar. 09, 2023

 
So Biden is now responsible for every company’s mismanagement. Nail scours the internet for bad economic news and comes up with a Burger King franchisee. Only in GOAT could this happen.


Man Nail is sounding more and more desperate every day. The Biden Boom broke Nail.
 
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Here's a better quiz for ya. Was it Trump or Pedo-Biden that was guilty and needed impeachment over a Quid-Pro-Quo?

If you're having trouble deciding about that, here's the 'out of his own corrupt mouth' truth.

And least anyone forgets it,,, but especially because it annoys some here....

Reality instead of just more BS-C911
💩 ....



Keeping what's important on this BS-C911 thread, front and center....



=====


Report: Biden Administration Considering Pulling Health Care from Veterans to Treat Illegal Aliens = FJB


Did you, or a family member, serve your country with the expectation of receiving the health care benefits you were promised?

Sorry, illegal aliens apparently come first in President Joe Biden’s America.

The Biden administration reportedly is considering diverting doctors from the Department of Veterans Affairs to treat the massive inflow of illegal aliens expected at the southern border this spring and summer.

Hillary Vaughn of Fox Business reported on the insulting slight to American veterans on Thursday, citing a source with U.S. Customs and Border Protection. She quoted the source as saying, “We’re going to take medical services away from people that really deserve that. Who went to combat … to give free medical attention to illegal migrants.” 😡

Use the below link for the rest of the story....
(Trump over-hauled the VA making it much better, while FJB wants to screw us)


 
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So Biden is now responsible for every company’s mismanagement. Nail scours the internet for bad economic news and comes up with a Burger King franchisee. Only in GOAT could this happen.


Man Nail are sounding more and more desperate every day. The Biden Boom broke Nail.

🤭🤔🤭

 
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Stewart Varney just told me catalytic converters were stolen at a 12,000 annual rate prior to Biden. Today at a 50,000 annual rate.

I watched every single Democrat debate. Biden promised economic stagnation and higher crime if elected. The board's slow admonishes the thinking for doubting 81 million Americans stupid enough to vote for this nightmare.
 
lol......... I misspelled the eff out of it. 😂 Mongul.: an important person : magnate.
Just guessing, the definition is probably derived from "fierce warrior". Magnate was the word I was grasping for but at my age my word bank is leaking oil.

Mogul. 😉
 
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