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Big Miss Bitchez
b.b.b..but we're in a 'recovery'.
Here Popo... Have some more "Green Shoots" Lime Kool-Aid...
And that's a good point. The people laid off in the first few months after the crash are the baby boomers of the unemployment - an enormous group of people that are coming to the end of their 99 weeks. How many of them have replaced their previous income with a comparable job? The government statistics don't tell us that. The 99-week phenomenon is a big reason why so-called economic growth has been so disappointing to our leaders over the past few months.
Big layoffs at BAC; is this bankster the first to be thrown under the bus?
Under the bus.....then back the bus up and run it over again.
My son was in the April unemployment. My sister in law is in the May report. No way am I going to let them out do me. I'm in the June.
I argued with my wife last night. She called me paranoid for suggesting things are bad and will get worse. No matter what I told her, she kept saying "It's not going to happen." Sadly, she's a sheep. I'm sorry to hear about your situation. The only reason my wife is so clueless is because she can afford to be. I'm still employed after all. It's never a problem until it is you, right?
...and why would you discuss economics with a woman?
Because on CNBC there are D-cup Anchor-ettes "discussing" economics, along with the male bimbos...
And Amerikans believes what is seen on TeeVee...
I have a similar situation. Everyone time I voice anxiety about my long-term job security, my wife dismisses it because I "could easily find another job". She thinks it's 1999 and companies like Microsoft, Boeing, Amazon, etc. would get into a bidding war for my services. I've given up telling her how ridiculous that is. She also thinks I spend way too much time on "that blog" (ZH).
Seems like your wife respects you and looks up to you. You won the lottery on that front! You should try to turn her on to ZH, though....
i hear the same thing from family members. there's never an explanation about why it won't happen just that it won't.
i think it's called the denial phase.
Unexpectedly unusually unusual.
Add Bernanke to the jobless claimants soon.
Ahem, excuse me while I whip this out...
Is that what Weiner said in the unemployment line to file his initial claim????
There is still a multi-billion $ POMO injection on vapor volume.
There will be a mysterious bounce / rally sometime today.
It will be used as a selling opportunity.
Nice bull trap. Longs blowtorched. Robo puking up blood. Did I forget anything?
I'm going to watch the REITs sell off at the bell and then get yanked upwards with terminal velocity at 9:45 to positive territory and grind higher all day.
But, that's just me.
I share your frustration on the REIT issue, brother Boiler. However, remember that we need two things in order to enact Ben Bernanke's next miracle QE stick save: a stronger dollar, and a deflationary wave.
Find a single REIT that is sporting an absurd current year P/E, one that has recently been upgraded by a dumb ass banker, and one that has also recently gone ex dividend. Sell it. The algos will do the work from there.
Everything that rises must converge.
The Bernank is stumped.
Laugh now, but you clowns have been on Double Secret Probation since the beginning of the semester
Fat, drunk, and white bearded is no way to go thru life, son.
He's not that fat.
Apparently not that drunk either....
His lip quivers like a little girl with a skinned knee...
He just can't forget being water boarded by the owners of this country the last time he went off message. Every conscious moment is spent parsing his words to make sure he doesn't get dunked again.
He wears a Depends Adult Diaper every time he speaks in public as he wets and soils himself on a regular basis. When he opens his mouth shit comes out of both ends.
Another recession is coming. Position accordingly.
Crash Position: The position you want your dead body to be in when found.
Another recession? On top of the depression we've been in since, oh, 2007-2008?
good point. I'm using the official declared recession information (which is problematic (at best)).
I understand. In my experience, the "official" information seems to always be late and for the most part, way too optimistic (wrong, in other words).
Started in 2001.
Recession? That's funny. I'm preparing for far worse. All may call me paranoid; I do not care. Position accordingly indeed (arms, ammunition, food, water, etc.)
Smells like a flash crash.
all we need is more McDonalds
Scrambling for the last pieces of physical silver just got cheaper - thanks to the paper silver price going down 2% at $35.48/oz
That soft patch looks cancerous.
Beneath the soft patch is nothing but rot. It makes it difficult to cross.
Manipulated numbers as a lead in to QE3++++. Just need the markets to sell off to complete the plan. We'll all be unemployed millionairs by the end of the year.
I did not know we were out of the first recession. At least not in my state. Another piece of the puzzle. Will gold stay down, not for long.
Obviously transitory, likely due to snow or a spring break somewhere.
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