• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Big Miss In Initial Claims, Print 429,000 On Expectations Of 415,000, Downward June NFP Revisions Coming

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Thu, 06/23/2011 - 08:36 | 1394166 Cassandra Syndrome
Cassandra Syndrome's picture

Big Miss Bitchez

Thu, 06/23/2011 - 09:00 | 1394232 Popo
Popo's picture

b.b.b..but we're in a 'recovery'.      

Thu, 06/23/2011 - 12:05 | 1395160 Problem Is
Problem Is's picture

Here Popo... Have some more "Green Shoots" Lime Kool-Aid...

Thu, 06/23/2011 - 09:35 | 1394340 fuu
fuu's picture
99 weeks ago today was  07/30/2009
Thu, 06/23/2011 - 10:06 | 1394520 ElvisDog
ElvisDog's picture

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.

Thu, 06/23/2011 - 08:41 | 1394168 apberusdisvet
apberusdisvet's picture

Big layoffs at BAC; is this bankster the first to be thrown under the bus?

Thu, 06/23/2011 - 08:42 | 1394184 curbyourrisk
curbyourrisk's picture

Under the bus.....then back the bus up and run it over again.



Thu, 06/23/2011 - 08:58 | 1394221 doesmybuttlookf...
doesmybuttlookfatinthis's picture

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.

Thu, 06/23/2011 - 08:57 | 1394228 BKbroiler
BKbroiler's picture


Thu, 06/23/2011 - 09:36 | 1394348 Silver Dreamer
Silver Dreamer's picture

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?

Thu, 06/23/2011 - 09:45 | 1394387 WallStreetClass...
WallStreetClassAction.com's picture

...and why would you discuss economics with a woman?

Thu, 06/23/2011 - 12:12 | 1395181 Problem Is
Problem Is's picture

Because on CNBC there are D-cup Anchor-ettes "discussing" economics, along with the male bimbos...

And Amerikans believes what is seen on TeeVee...

Thu, 06/23/2011 - 10:14 | 1394552 ElvisDog
ElvisDog's picture

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).

Thu, 06/23/2011 - 10:23 | 1394602 SoNH80
SoNH80's picture

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....

Thu, 06/23/2011 - 12:35 | 1395312 glenlloyd
glenlloyd's picture

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.

Thu, 06/23/2011 - 08:41 | 1394169 the not so migh...
the not so mighty maximiza's picture

Unusually unusual

Thu, 06/23/2011 - 08:49 | 1394195 BKbroiler
BKbroiler's picture

temporarily transient

Thu, 06/23/2011 - 10:01 | 1394486 hedgeless_horseman
hedgeless_horseman's picture

properly phucked

Thu, 06/23/2011 - 12:52 | 1395381 TheMerryPrankster
TheMerryPrankster's picture

Unexpectedly unusually unusual.

Thu, 06/23/2011 - 08:38 | 1394170 slow_roast
slow_roast's picture

Add Bernanke to the jobless claimants soon.

Thu, 06/23/2011 - 08:38 | 1394171 digalert
digalert's picture

Ahem, excuse me while I whip this out...

Thu, 06/23/2011 - 12:10 | 1395188 Problem Is
Problem Is's picture

Is that what Weiner said in the unemployment line to file his initial claim????

Thu, 06/23/2011 - 08:40 | 1394172 Boilermaker
Boilermaker's picture

There is still a multi-billion $ POMO injection on vapor volume.

There will be a mysterious bounce / rally sometime today.

Thu, 06/23/2011 - 08:42 | 1394182 HelluvaEngineer
HelluvaEngineer's picture

It will be used as a selling opportunity.

Nice bull trap.  Longs blowtorched.  Robo puking up blood.  Did I forget anything?

Thu, 06/23/2011 - 08:47 | 1394197 Boilermaker
Boilermaker's picture

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.

Thu, 06/23/2011 - 09:19 | 1394296 Cdad
Cdad's picture

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.

Thu, 06/23/2011 - 08:43 | 1394173 Rodent Freikorps
Rodent Freikorps's picture


Thu, 06/23/2011 - 08:41 | 1394175 SheepDog-One
SheepDog-One's picture

The Bernank is stumped.

Thu, 06/23/2011 - 08:44 | 1394176 Josh Randall
Josh Randall's picture

Laugh now, but you clowns have been on Double Secret Probation since the beginning of the semester

Thu, 06/23/2011 - 08:46 | 1394181 SheepDog-One
SheepDog-One's picture

Fat, drunk, and white bearded is no way to go thru life, son.

Thu, 06/23/2011 - 08:48 | 1394203 Boilermaker
Boilermaker's picture

He's not that fat.

Thu, 06/23/2011 - 09:43 | 1394396 RockyRacoon
RockyRacoon's picture

Apparently not that drunk either....

Thu, 06/23/2011 - 12:15 | 1395194 Problem Is
Problem Is's picture

His lip quivers like a little girl with a skinned knee...

Thu, 06/23/2011 - 12:56 | 1395404 TheMerryPrankster
TheMerryPrankster's picture

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.

Thu, 06/23/2011 - 08:45 | 1394177 DavidJ
DavidJ's picture

Another recession is coming.  Position accordingly.

Thu, 06/23/2011 - 08:44 | 1394188 Boilermaker
Boilermaker's picture

Crash Position: The position you want your dead body to be in when found.

Thu, 06/23/2011 - 09:07 | 1394241 WonderDawg
WonderDawg's picture

Another recession? On top of the depression we've been in since, oh, 2007-2008?

Thu, 06/23/2011 - 09:30 | 1394322 DavidJ
DavidJ's picture

good point.   I'm using the official declared recession information (which is problematic (at best)).

Thu, 06/23/2011 - 09:35 | 1394359 WonderDawg
WonderDawg's picture

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).

Thu, 06/23/2011 - 09:33 | 1394352 fuu
fuu's picture

Started in 2001.

Thu, 06/23/2011 - 09:35 | 1394363 Silver Dreamer
Silver Dreamer's picture

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.)

Thu, 06/23/2011 - 08:45 | 1394178 qussl3
qussl3's picture

Smells like a flash crash.

Thu, 06/23/2011 - 08:49 | 1394179 BKbroiler
BKbroiler's picture

all we need is more McDonalds

Thu, 06/23/2011 - 09:36 | 1394369 Silver Dreamer
Silver Dreamer's picture


Thu, 06/23/2011 - 08:42 | 1394180 PaperBear
PaperBear's picture

Scrambling for the last pieces of physical silver just got cheaper - thanks to the paper silver price going down 2% at $35.48/oz

Thu, 06/23/2011 - 08:42 | 1394183 Silverhog
Silverhog's picture

That soft patch looks cancerous.

Thu, 06/23/2011 - 12:58 | 1395413 TheMerryPrankster
TheMerryPrankster's picture

Beneath the soft patch is nothing but rot. It makes it difficult to cross.

Thu, 06/23/2011 - 08:47 | 1394185 sudzee
sudzee's picture

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.

Thu, 06/23/2011 - 08:48 | 1394191 monopoly
monopoly's picture

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.

Thu, 06/23/2011 - 08:46 | 1394196 Spitzers Black Socks
Spitzers Black Socks's picture

Obviously transitory, likely due to snow or a spring break somewhere.

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