TimC Posted November 4, 2010 Share Posted November 4, 2010 The poor people in America get a free government sponsored cell phone that only dials 6 numbers. Boo f'n hoo. The poor people in the rest of the world starve and die in 4 days. Yeah, just being born in the USA...even the dirtiest poorest nastiest places like growing up a Vikings fan, you've still won the civilization lottery more than any of us can probably ever imagine. Quote Link to comment Share on other sites More sharing options...
Pope Flick Posted November 4, 2010 Share Posted November 4, 2010 It is an arrogant assumption that is misplaced. Oh, the irony. Quote Link to comment Share on other sites More sharing options...
The Irish Doggy Posted November 5, 2010 Author Share Posted November 5, 2010 Unexpected 151K jobs added in October. August and September revised upward by 100K. Oh no! Quote Link to comment Share on other sites More sharing options...
driveby Posted November 5, 2010 Share Posted November 5, 2010 Unexpected 151K jobs added in October. August and September revised upward by 100K. Oh no! The job gains were concentrated in relatively few sectors: retailers added 27,900 positions, likely in preparation for the holiday season. Temporary agencies added 34,900. Restaurants and bars hired 24,400 people. Not exactly what an out of work professional head of household is looking for, but ........... Quote Link to comment Share on other sites More sharing options...
Azazello1313 Posted November 5, 2010 Share Posted November 5, 2010 the double-dip fears seem to be all but erased. the election and the fed actions certainly seem to be buoying the spirits of investors. a modest job gain (when gallup and others were predicting another loss)....yeah, there may be some rays of sunshine here. Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted November 5, 2010 Share Posted November 5, 2010 the double-dip fears seem to be all but erased. the election and the fed actions certainly seem to be buoying the spirits of investors. a modest job gain (when gallup and others were predicting another loss)....yeah, there may be some rays of sunshine here. Ummm, these latest results simply reinforce, and give validity to, the dem talking point that the stimulus and dem policies are in fact beginning to work. This stuff doesn't happen overnight, ya know. Quote Link to comment Share on other sites More sharing options...
driveby Posted November 5, 2010 Share Posted November 5, 2010 The inverse silver lining to today's jobs report that will be lost in the shuffle of what is perceived as a good NFP (despite consistent initial jobless claims of around 450K, which means that either there is a massive data error, or the rate of job creation has somehow surged) is that labor force participation has now dropped to the lowest rate it has been since 1984, at 64.5%. Assuming a reversion to the long-term average participation rate of 66%, means that the civilian labor force is in reality 157.4 million as opposed to the disclosed 153.9 million, a delta of 3.5 million currently unaccounted for. Maybe someone can ask the president during his imminent press conference what happened to the unemployed population, which would have been 18.3 if this labor force delta was incorporated, resulting in an unemployment rate of 11.6%. link Quote Link to comment Share on other sites More sharing options...
SEC=UGA Posted November 5, 2010 Share Posted November 5, 2010 link You and I both know that question will NEVER come up or be sufficiently answered. I'm not sure that it would come up with a Repub admin in office, either. Quote Link to comment Share on other sites More sharing options...
evil_gop_liars Posted November 5, 2010 Share Posted November 5, 2010 Not exactly what an out of work professional head of household is looking for, but ........... the double-dip fears seem to be all but erased. the election and the fed actions certainly seem to be buoying the spirits of investors. a modest job gain (when gallup and others were predicting another loss)....yeah, there may be some rays of sunshine here. Look at the beautiful sunrise. Az/Driveby: Yeah but it's in my eyes. Quote Link to comment Share on other sites More sharing options...
driveby Posted November 5, 2010 Share Posted November 5, 2010 Look at the beautiful sunrise. Az/Driveby: Yeah but it's in my eyes. Sorry, not going to get excited by this "recovery" when most of the new hires are temporary Wal-mart checkers and bartenders. Quote Link to comment Share on other sites More sharing options...
bushwacked Posted November 5, 2010 Share Posted November 5, 2010 Sorry, not going to get excited by this "recovery" when most of the new hires are temporary Wal-mart checkers and bartenders. because Democrats are largely responsible for it. Fixed. Quote Link to comment Share on other sites More sharing options...
driveby Posted November 5, 2010 Share Posted November 5, 2010 Fixed. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted November 5, 2010 Share Posted November 5, 2010 (edited) link I imagine Obama has had them taken off to extermination camps run by his death panels, since those poor guys weren't allowed to participate in health care. Actually, I don't find it at all surprising that the workforce has shrunk. Immigration is down, many have taken early retirement and the number of HS / U grads is lower than the retiree numbers (probably) Edited November 5, 2010 by Ursa Majoris Quote Link to comment Share on other sites More sharing options...
caddyman Posted November 6, 2010 Share Posted November 6, 2010 Unexpected 151K jobs added in October. August and September revised upward by 100K. Oh no! U.S. unemployment stays at 9.6% Friday, November 05, 2010 By Ann Belser, Pittsburgh Post-Gazette The Bureau of Labor Statistics reported this morning that the national unemployment rate remained unchanged for October, remaining at 9.6 percent for the third straight month. It was the 15th month that the unemployment rate has been at 9.5 percent or higher.The number of non-farm jobs rose by 151,000, the bureau reported, but the number of people who are unemployed remained unchanged at 14.8 million. Long-term joblessness continues to be a persistent problem with 6.2 million people, or 42 percent of the unemployed, out of work for more than 6 months Read more: http://www.post-gazette.com/pg/10309/11009...m#ixzz14SPq0MQD Quote Link to comment Share on other sites More sharing options...
Jimmy Neutron Posted November 6, 2010 Share Posted November 6, 2010 Encouraging... hopefully it's more than seasonal work. Quote Link to comment Share on other sites More sharing options...
redrumjuice Posted November 8, 2010 Share Posted November 8, 2010 Unexpected 151K jobs added in October. August and September revised upward by 100K. Oh no! Gee, I wonder how they did that? THE JOBS REPORT FOR OCTOBER was released by the Bureau of Labor Statistics on Friday, and at first blush was surprisingly strong, much stronger, indeed, than expected. Payrolls expanded by 151,000 and the two previous months' were revised upward. But hold the hurrahs. The unemployment rate was stuck at 9.6%, and, toss in the underemployed and the rate remains at an elevated 17%. Moreover, the household version of the employment picture was a real bummer, showing an employment drop of 330,000. That especially weird disparity between the household and the payroll reports made us do a double-take. Happily, the always astute Stephanie Pomboy of MacroMavens provided a quickie explanation: "The seasonal bar which the payroll data must jump was (inexplicably and dramatically) lowered from prior Octobers." Thus in October 2009, the BLS set the bar at 870,000 jobs, similar to the 840,000 it anticipated in October 2008. This year, by contrast, it lowered the bar to 768,000. Mumbo, jumbo, payrolls presented "an upside surprise" of 100,000. According to John Williams at Shadow Government Statistics, the BLS' fiddling with the figures via what he calls "seasonal-factor games" actually created 200,000 phantom jobs last month. John cites such finagling as the reason his prediction of an October decline and a rise in the jobless rate was wrong. It also explains why seasonally adjusted payrolls were revised upward by 110,000 in September including 56,000 in August. As we've observed before, those seasonal adjustments sure are magical: They can make it snow in the Sahara and be hot as blazes in the middle of winter in Siberia. Anymore tripe you would like me to watch you guzzle? Quote Link to comment Share on other sites More sharing options...
evil_gop_liars Posted November 8, 2010 Share Posted November 8, 2010 Anymore tripe you would like me to watch you guzzle? Would you like your slice of yellow cake to go? Quote Link to comment Share on other sites More sharing options...
redrumjuice Posted November 10, 2010 Share Posted November 10, 2010 Would you like your slice of yellow cake to go? Not a slice, I prefer it by the truckload, just like saddam. The last major remnant of Saddam Hussein's nuclear program — a huge stockpile of concentrated natural uranium — reached a Canadian port Saturday to complete a secret U.S. operation that included a two-week airlift from Baghdad and a ship voyage crossing two oceans. The removal of 550 metric tons of "yellowcake" — the seed material for higher-grade nuclear enrichment — was a significant step toward closing the books on Saddam's nuclear legacy. http://www.msnbc.msn.com/id/25546334/ Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted November 11, 2010 Share Posted November 11, 2010 Not a slice, I prefer it by the truckload, just like saddam. http://www.msnbc.msn.com/id/25546334/ did they find all those WMD's ? Have we checked in Israel yet? Quote Link to comment Share on other sites More sharing options...
bushwacked Posted November 11, 2010 Share Posted November 11, 2010 It was the third-straight profitable quarter for GM, which needed $50 billion in U.S. government aid to make it through bankruptcy protection last year. The company has repaid or plans to repay taxpayers $9.5 billion, and the government hopes to get back the remaining $40 billion with the Nov. 18 common stock offering and several follow-up sales. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted November 11, 2010 Share Posted November 11, 2010 I doubt that will be on the Rush talking point list any time soon. Quote Link to comment Share on other sites More sharing options...
The Irish Doggy Posted November 11, 2010 Author Share Posted November 11, 2010 Raaaar. Government. Bad. Fire. Bad. Raaaaar. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted November 11, 2010 Share Posted November 11, 2010 I'm glad to see they are going to be able to pay us back, I still disagree with what was done. I also think the tax breaks they are going to get are total BS. Quote Link to comment Share on other sites More sharing options...
bushwacked Posted November 11, 2010 Share Posted November 11, 2010 I'm glad to see they are going to be able to pay us back, I still disagree with what was done. I also think the tax breaks they are going to get are total BS. A few short years ago, GM's ex-CEO was supposed met rather tangible goals as part of the federal funding agreement. He didn't and resigned as a condition of receiving additional federal bailout $$$ under pressure from the Obama administration. This started a multi-page Have to agree here Zobama Socialism thread that you took a predictable role in. Now it appears it was the right decision and the loan will be repaid. So, GM CEO resigning as a federal funding condition is Socialism, GM paying back the loan is barely worthy of acknowledgment, and tax breaks are completely BS and yer outraged? What a completely unpredictable knee-jerk. Do you really wonder why people don't take you seriously? Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted November 11, 2010 Share Posted November 11, 2010 A few short years ago, GM's ex-CEO was supposed met rather tangible goals as part of the federal funding agreement. He didn't and resigned as a condition of receiving additional federal bailout $$$ under pressure from the Obama administration. This started a multi-page Have to agree here Zobama Socialism thread that you took a predictable role in. Now it appears it was the right decision and the loan will be repaid. So, GM CEO resigning as a federal funding condition is Socialism, GM paying back the loan is barely worthy of acknowledgment, and tax breaks are completely BS and yer outraged? What a completely unpredictable knee-jerk. Do you really wonder why people don't take you seriously? My disagreement is with what they did. They exceeded what I believe to be their constitutional authority both in forcing the CEO (who was a POS) to resign, and in screwing over the bond holders in favor of their unions supporters. That is why I disagreed with the temporary government take over of a business. I am glad it appears as though we are going to get our money back. I think that is great. Though I also think we never should have given it to them to begin with, and I think the bond holders should have been able to sell of GM's assets as was their legal right. I also have a problem with GM now having what amounts to an unfair advantage over other automakers, Ford in particular. Quote Link to comment Share on other sites More sharing options...
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