Free Markets, Free People

Daily Archives: February 15, 2013

Economic Statistics for 15 Feb 13

Here are today’s statistics on the state of the economy:

Industrial production fell -0.1% in January, while capacity utilization dropped -0.2% to 79.1%.

The Empire State Mfg Survey jumped 18 points to 10.04, the first positive reading since July.

December’s net inflow of long-term US securities is a sizable $64.2 billion. Foreign buying of equities was especially strong.

Consumer sentiment rose 2.5 points to 76.3 in February’s mid-month reading.

Fourth quarter e-commerce sales rose 4.4% from the 3rd quarter. E-commerce made up a record 5.4% of all retail sales.

~
Dale Franks
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Benghazi: McCain essentially says “what does it matter now?”

If it weren’t for the old ladies of the GOP, you might get some answers to some very compelling and yet unanswered questions as well as force this administration to be transparant.

But then there’s McCain and the continued capitulation of the GOP:

Sen. John McCain (R-AZ) said Thursday that the White House’s response to his and other Republican senators’ questions on the September attack in Benghazi, Libya was satisfactory. The senior Arizona senator said he is now ready to find a way to end the filibuster that is holding up the confirmation vote for defense secretary nominee Chuck Hagel, CNN¬†reported.

“I think it was an adequate response, yes,” McCain said. “We are working on and having negotiations now trying to smooth this thing out and get it done.”

Yes, that’s right, nothing to see here, move along now, move along.

The Great and Powerful John McCain (I will celebrate when this yahoo shuffles off to retirement) has decided that Beghazi is over and we must, must have an incompetent buffoon for Sec. of Defense.

Must!

Parodies that write themselves come in the guise of our politicians.

~McQ