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The BLS: A History Of (Downward) Revisions, Or How The Department Of Truth Goosed Markets With Half A Million Fake Jobs In Two Years
Zero Hedge has previously demonstrated the improbable, for lack of a better word, upward bias in revising initial jobless claims applications. Today, we look at an even greater statistical problem at the BLS: that of Non-Farm Payrolls. Courtesy of today's full year revision announced by the BLS, and a granular sort by John Poehling, we have discovered that while revisions added a whopping 55k jobs in the years 2006-2008, NFPs have now been revised to remove 538k jobs in the 2009-2010 period. In other words, based on data revisions, under President Obama, America has suddenly created over half a million jobs less (even if all of them are part time) simply due to statistical adjustments. We won't even go into analyzing just how much worse the S&P would be trading if all those monthly "upside" NFP reports had reflected true and not completely fudged numbers. At an average 22.4K downward monthly revision for every single monthly NFP report in the past two years, we are 100% confident that not even Iosif Shalom Bernanke would be able to offset the market plunge that would ensue each and every of the past 24 months... if fundamentals were ever to be remotely meaningful again, of course.
h/t John Poehling
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Maybe Steve Liarman from CNBS can explain this for me.
True story: actual email sent to Steve Truthman and his (or at least his admin's)subsequent reply:
Hi Steve,
I just saw your comedy routine on the NBC nightly news and now that I've stopped laughing, I just wanted to say thanks for being a complete and total douchebag sellout.
America
Right.
Lotsa love and happy holidays,
Steve
Try it, it's fun. steve.liesman@nbcuni.com
You're right! That was fun. I just modified the script for my own needs with the Subject: "You're a Tool!"
Hi Steve,
I am copying the following text from another "fan!" I TOTALLY AGREE!!!! You are such a talking head. I bet the Bernank has you on his Christmas bonus list:
I just saw your comedy routine on the NBC nightly news and now that I've stopped laughing, I just wanted to say thanks for being a complete and total douchebag sellout.
America
Don't forget Mark Zandi - he has bet his professional integrity on a 250 - 300K print for February (barring any blizzards).
(I think he checked the Accuweather forecast beforehand)
I have never liked him...he's a weenie.
That explains the shellacking the democrats and incumbents got last November.
This is President Obama's play book on government statistic lies. When will his regime get blowback like this?
Crisis in Hungary as politician tells the truth: "We lied!""Hungarian Prime Minister Ferenc Gyurcsany admitted in a Socialist parliamentary group meeting on May 26 that the government had done nothing during the preceding four years.
According to a tape recorded secretly after the spring elections and leaked out on the website of Hungarian public radio on Sunday, Gyurcsany said, "We lied during the last one-and-a-half or two years. It was obvious that whatever we said was untrue."
The PM said, "We have not taken any important government measures that we can be proud of apart from bringing back power from the deep s..t," Gyurcsany said, referring to the electoral victory of the Socialist-liberal coalition."
"Protests on Kossuth Square started on Sept. 17, 2006 when a recording was leaked revealing Socialist Prime Minister Ferenc Gyurcsany admitting that the government lied about the economy before its re-election in April.
The protesters had vowed to stay until Gyurcsany was dismissed, but police pushed them off the square after they refused to submit to security checks. But authorities did not dismantle the dozens of tents set up by the protesters, and they were expected to allow the demonstrators to return after Monday's commemoration.
State news agency MTI reported that police beat some of the protesters — including women and elderly people — with rubber batons, and some had head injuries.
President Laszlo Solyom pleaded Sunday for national unity, trying to keep the bitter political divisions from spilling over into the celebrations."
"Appearing live on local television channel ATV on Sunday evening, Mr Gyurcsany accepted the recording as legitimate, but said the lies he referred to in May were about politicians convincing Hungarians they could live comfortably without paying the cost of doing so.
"For years ... we made people believe that they have nothing to do, that we will give them happiness as a gift," he said. "We have to stop the deluge of lies which have covered the country for many years."
In the past several weeks, he has also admitted that, to have a better chance to win last April's elections, the Government covered up the real size of the state budget deficit and passed a law introducing tax cuts now described by the Prime Minister as a mistake."
http://www.algeria.com/forums/geopolitics-international-affairs/16706.htm
watching Hilda Solis on CNBC a few months ago, truly disturbed me. It was clear shewas a true believer. Whatever happened in the labor market, it must reflect the wise and beneficial policies of the Great Leader, BHO. She was a mind lost to the State, unreachable, Stalinist in a way far more gone than the standard slant. I realized then, I could not trust anything from the BLS.
Don’t be standing around Cowboys Stadium with all that ice and snow on the roof. When all that snow and ice comes sliding off, it will put you in the hospital or kill you.
It’s a laugh riot watching the CNN news anchors, especially the women anchors, trying to laugh off the weather news in Dallas.
They act like it’s a joke or something. The joke is on them and the cognitive dissonance they are experiencing, due to their impenetrable belief system in man-made global warming they have been pushing their entire carriers, is on display in living color. They are giggling so hard, they're almost starting to cry.
Truth is treason in an empire of lies...
I was so stupid not to go to Perp school and then Ivy League racketeer training - I had no idea you got a license to steal with those diplomas!
Ya gotta love the inverted head and shoulders pattern
Employment data doesn't fall under the auspices of technical analysis.
Oh Wait I see a neckline, right around next weeks NFP numbers.
I saw Steve Liarman and his cronies at 7 am, just checking the futures. They were all coming up with excuses in advance for the possibility that the number would be bad. I think they all mentioned weather, and Liarman asked, "If the BLS numbers are bad, do we even believe them?"
David Stockman on todays jobs report
Video - CNBC
starts at 3:00
Stockman is the inspiration behind the above-noted chart which shows that all of the gains (if one may call them such), are part-time in nature:
Also Stockman is wrong on the debt/GDP ratio. He is using Rosie's analysis for a growing (7.4%) economy. Since we are "growing" at half the rate (3.4%), we are at a 6x debt/GDP ratio. The number is getting ever higher.
Rosie Highlights The Biggest Problem With Last Week's GDP Miss
Next time you see a bullish economic report from the Government, remember that they are usually fabricated from estimates, incomplete data and outright data manipulation. Yes, Bernanke is either completely stoned or a calculated liar. And, yes, the farce continues.
Bernanke Either Is Smoking Some Strong Weed Or Is A Malicious Liaror
http://truthingold.blogspot.com/2011/02/bernanke-either-is-smoking-some-strong.html
.....he's a liar. remember, Dr. Faber even called him a liar right on t.v. here's another person calling him a liar ; unfortunately only the educated people realize what's going on; the average American Citizen is ill-informed :
http://www.youtube.com/watch?v=TnvMSNUymHg&feature=feedu
Chopp seuiex. Pun intended.
It's a little hard to get excited about the distance between the pink and blue lines on that chart. Maybe a cumulative chart would be more convincing.
Tyler,
This is the big, BIG picture story, take a look:
http://www.ers.usda.gov/publications/eib3/charts.htm#fig3
Especially figures 3 and 4
A house of cards! All completely dependent upon petroleum.
I'm not sure I see your point.....it seems that graph #3 has stabilized since 2000. Although.....if we believe in the whole "in a long enough timeline" thingie.....eventually we'll have zero farms but they'll be very large producers of nothingness......is that not efficient enough for you?
Graph#4 is even better.....because it makes almost no sense to me for a farmer who is good at producing corn to be wasting time producing wheat......we are borg and we tolerate no waste.
Thanks for pointing that out, plus that GDP growth derives a great deal from the QEI & II debt increase.
How many times does the CNBC anchor have to make fun of how 'gloomy' Stockman is? It's his weak attempt at subliminally discrediting Stockman. Why does anyone that has a contrary opinion have to be considered a gloom-and-doomer? Of course, we know the reason...
The fun will continue until someone at Comcast says : YOUR RATINGS ARE SHIT, YOUR RATINGS ARE SHIT !!
Don't rain on that moron's parade earlier that thinks CNBS is a different network.
Give a retard a break...
WAR IS PEACE
FREEDOM IS SLAVERY
IGNORANCE IS STRENGTH
TRUTH IS GLOOMY
Darn shared this finally below didn't see this...
I still say this job counting is a red herring...what really counts is the amount of income created....you add 100 minimum wage jobs and lose 50 $80K ones...and gee your job count went up 100% but the actual income being earned went down...this crap about counting jobs has got to stop...it is just another delusional stat from our government and everyone appears to buy into it.
Exactly!
My roommate was making close to $200K as a sales rep. He now can't even find a friggin retail job at $9/hour.
is he still payin his share of the rent tho
bravissima!! +523k
BLS = revised lies, widely despised.
This is irrefutable evidence why it is important that all numbers be sanitized prior to distribution so as not to befuddle the markets and the masses with what is deemed to be irrelevant detail. Data management is, of course, included within the emergency powers function. Carry on.
Yea, well, it worked didn't it? You know, there is a neverending supply of shit eating morons out there that will eat the propoganda off of a spoon. They don't want to hear the truth and, as such, aren't told the truth.
I would guess that 90% or more of the general adult aged citizenry wouldn't even be able to tell you what the UE rate is, what QE is, what the FED is, or what common equity is. They know what they are told.
It's sad. It sucks. It's frustrating. But, propoganda generally works and the government knows it.
.....last night Mrs. Rainman asked me who Tim Geithner was. Sigh.
Yea, well Mrs. Boilermaker continues to ask "why do they do that when it's not fair"...Thank god I have been on tap at the Boiler home.
Women have the faintest sense of survival.
What do you mean by that? I'm not being sarcastic, I don't understand.
Hi Ms. I hope I'm not stepping on toes replying to a question in a thread I was not a part of. IMHO Here is the crux: Women are absolutely the best survivors out there. Don't believe me? Get between a woman or virtually any female mammal and her little one. Nails, claws, teeth, etc. What these men are referring to, is long term planning given the possibility of economic/political/social collapse. Women look at you like you are crazy. My wife tells me that all the food I store will be thrown out by the kids after I die. I tell her I hope she is right. She says I dont need the firepower. I tell her I hope I never do. The only way to explain it is, to me it it like an insurance policy. Even If never used, the peace of mind provided is worth the time, effort and money; to me anyway.
My husband wanted a new 4WD pickup. I wanted food, guns, ammo and PM's. Wanna guess what's in the garage?
I am generalizing. Having said that, I think I love you. It's real this time. No really. (For good measure, if my wife ever sees this I will add /sarc)
:D
She's mine damn-it, I loved her first.
Be careful, if you ask her to get a divorce, she's going to shoot you.
Basic Instinct?
http://www.youtube.com/watch?v=YIlQ2UbKB8Q&feature=related
Can a coon get in on this love-fest? I'll love any woman who likes the "basics" of life -- really, I mean LIFE. Without the items she listed there might not be much of that remaining.
My woman is totally on board with self reliance and survival, but doesn't want to think about the worst case scenario. It's a bit contradictory. She sort of tolerates the food, guns, ammo, and PM's. She thinks it is overkill but appreciates it nonetheless.
Hi Fernley Girl, did I mention that I'm in love with you?
Good job! Keep the great posts coming.
My ex is a banker :( He is still drinking the Kool aid. I am into PM and food stocks.
He can have the house and car payments. When this all falls apart I will be hedged.
Be My Girl
http://www.youtube.com/watch?v=EeecRrhnCZk
Sorry. Be My Girl.
http://www.youtube.com/watch?v=FBoI8h4AAjI&feature=related
It's on like a neck bone brother.
http://www.youtube.com/watch?v=1uaPs8sxqB0
I love you too. By the way, us old guys can do dogs too, its easy.
http://www.youtube.com/watch?v=a4elyEhgUjY&feature=related
me too.
http://www.youtube.com/watch?v=Kliy32YWFcU
OK Rusty. You win. Only one question, now. Why is your dirt in boss keane's ditch?
http://www.youtube.com/watch?v=LkI9csyCZhs
"Why is your dirt in boss keane's ditch?"
Because it's my dirt.
http://www.youtube.com/watch?v=Lr58WHo2ndM
Enjoyed that Rusty. God Bless!
Love you Man
http://www.youtube.com/watch?v=o-tT62bpYlU
Ya'll are giving me a big old shit eating grin. Don't listen to those boys Fernley, I love you. :~p
I don't think I want to know why your shorts are rusty...
Trust me, my shorts are not rusty...
Thats cruel and unusual punishment. Fernley Girl, ever had a Hulk?
Cheesy Bastard
No difference between individual men and women. Each person is different.
Spend a few weeks reading this site
http://www.dailyrotten.com/
I will say this, EVERY wife and Mother KNOWS when her child is being physically or mentally abused. The fucking majority ACCEPT and allow the abuse to happen.
ONLY the MINORITY take action.
Because their GODDAMNED security is more important than that of the children.
For a long time I thought it may be a sign of decaying modern society.
But recently I realized that it has always been that way and always will.
Very few people put the benefit of their family before their own well being.
Gully, I respect you and read some of your links. I beg to differ. I think most folks put their kids before themselves. If I am wrong about that, then nothing else matters. Most folks will protect their family. You can use that as your personal strong point. Most cops and firefighters and teachers will go home when tshtf. Remember that, and use it.
Cheesy Bastard
Maybe I was unclear. I was refering to the majority of abused children and those mothers.
But, I also think most people put their families second. Consider the Divorce rate for example, or individual debt.
"Most cops and firefighters and teachers will go home when tshtf. Remember that, and use it. "
I know nothing about Firemen, except from Rescue Me. Cops are like the old concentration camp gurad description, ' Some are good, some bad and some just doing their job". Plus they are people who want to be in control of others, thus the need tor the uniform and enforcing "the law". Just like politicians.
Teachers are the nanny state minders, who really cares where they go.
When the shit hits the fan most people will cave. At least in the US. One reason being an older population doesn't riot, unlike say Egypt where the median age is 24.
The second is we just don't care anymore. We have lived under dominance for so long people have either given up or adapted.
I believe the actions of the "public servants" in the face of Katrina may have proved your point. Cops were off the job and others left their posts to go home. Perhaps their families came first? I guess we'll have to have one of them post his/her own experience.
I completely disagree with you if commenting on "contemporary women" from free societies. Someone that cannot even defend/fend for themself cannot defend their child. Ever see a woman running from a mugger/rapist in high heels? No of course not because they lost that race the second they put their shoes on (or flip flops for that matter).
Or the complete utter lack of sense of self preservation by walking around half naked the moment the weather warms is like wearing meat pants in a tiger cage. Of course they are "allowed" in a free society to dress as inapropriately as they want but is it a good idea...probably not.
Not only that they are not mentally prepared it is like an instinctive light switch has been turned off for a century and the mere thought that harm can come to them, until it actually does, is alien. Walking home drunk and alone on dark streets, total lack of awarness of surroundings, texting and listening to music...it's like wearing a neon sign saying "Attack Me I'm Standing Right Here!" to those that would.
The lack of common sense is astounding, and that can apply to both genders, but clearly when it comes to getting physical females who are unprepared are casualties far more often.
The point I guess is that women are already vulnerable but they take few precautions to defend themselves, be prepared and aware of the constant dangers in the world. I'm sure there are exceptions but they are far fewer than the majority.
Humbly, the snap card crowd you are referring to is still less than half the population. Plus, that population is concentrated in certain areas as of now. Analogous data is not data, it is observation. You are close though.
Glad my daughter is working on her 2nd-degree black belt in Tae Kwon Do, then! I wonder if it will be advantageous for her to carry her katana after the Great Implosion...guess I'll get her a semi-auto pistol as well.
StychoKiller
Just because someone learns a MA doesn't mean they will use it. There are hundreds of stories about trained Men and Women getting beaten, raped and murdered because they just can't do the simple thing like rip an eyeball out.
As someone said if you pull a weapon you better be prepared to use it.
Most people don't intentionally kill others. Unless it's heat of the moment or you are one of those special broken people lacking empathy it just isn't in ones nature.
Unless her TKD school is training her in full contact and she comes home bruised and aching, she ain't learning nothing but dance.
He's an elusive banskta scum, destroyer of futures, monetizer of debts, crony, spineless, little man...
...of which I don't know that which classifies him best
We're talking Perdue/Indiana state. Good old days stuff. A few Buck eyes in the mix?
How much HIGHER would sandp be trading if the job losses had been factored in?
More job losses, leads to more money printing which leads to higher equities in nominal terms. Recovery BABY!!!
http://www.gallup.com/poll/125639/Gallup-Daily-Workforce.aspx
http://www.mrc.org/bmi/articles/2011/Santelli_Slams_CNBC_Panelists_for_S...
Why are these other jerks on CNBS STILL refusing to take off the rose-colored glasses? Do they get paid more for wearing them? It's as plain as the nose on a face that U6 is the ONLY pertinent number to be using!
That's because the more accurate U-7 number no longer exists. So much for wanting to know about the people "left behind".
You're kidding, right? How long would they have advertisers other than the same crap they sell on late night TV? The financial ads would disappear, and the Popeil Pocket Fisherman don't pay much.
Ancient chinese secret..
Now you're sparking some black powder. Me likey. keep it up!
The question is: how can we here on Zero Hedge and any other critical thinking venue know all of this, while the "recovery" theme be so consistently sold by the financial media, news media, corporate quarterly reports, and the government?
Can a conspiracy be so large? the answer to the question is: no. It is human nature not to tell the guy on the totem pole above you that you have failed (regardless of matters beyond your control). The end result is a chain of lies that eventually breaks when reality sets in. And when it does...look out. This has been my life since Sep 2008. It is breaking. I know because I am in the trenches and the shit will flow upstream at unbelievable speed in due course.
The BLS is a lie like everything else.
Where did you get those shades? ZH would market them. Oh wait REVO and the team would disagree.
John Bigboote
I guess people forgot about this
http://www.mymoneyblog.com/mortgage-rate-reset-timeline-another-wave-coming.html
http://www.hussmanfunds.com/wmc/wmc090608.htm
Excellent case in point. These real events chip away at the big lie.
Wait... aren't we the ones criticizing China for fudging the numbers?
I believe that it was summed up is that they took it from the BLS playbook.....(-:
SPX
For the Year of the Rabbit...the Energizer Index.
http://99ercharts.blogspot.com/2011/02/spx_3983.html
http://www.zerohedge.com/forum/99er-charts-0
It keeps going...and going....
So every night we come in here and learn that the government or specifically the BLS is fucking us with stats. How long do we need to come in here to learn this.
For one, I am fed up with the Fed, the government, and with blogs fucking us over with bogus statistics. We should know by know that the "good-guys" are being screwed, and it is getting worse.
All this is too much for me. I have learned, I am out of here.
As long as the lesson includes the virtues of owning Bullion, Bullets and Beans (Bitchez too?), then you can probably snatch the pebble from my hand, Grasshopper!
The FOUR's job: 'Beans, Bullets, Bandages, Badguys, and Busses." Bullion might be a late starter.
Who cares when we can have this:
http://www.politico.com/click/stories/1102/white_house_super_bowl_party_time.html
So the 3 million jobs Janet Yellen promised QE2 would produce?
And seems like just yesterday (April 23, 2010) when Joe Biden (friend of Mubarack) said:
“Some time in the next couple of months we’re going to be creating between 250,000 jobs a month and 500,000 jobs a month,” Biden said at a fundraiser today in Pittsburgh. "
I can draw pictures of aerodynamic swine and add zeroes to my paycheck too, but I think the bank will issue me a reality check in return...
How much did this job growth cost, again?
A shitfuckload...but dont worry your kids will repudiate it somehow.
I believe it would have been cheaper to just send everyone a check.
For all you fed haters does this make you feel better? Fake jobs for fake dollars.....kinda karmic in a way.
Policy makers slam the ship of state into an iceberg at full speed, dismiss the damages, perform puppet shows, and accuse passengers of dangerously rocking the boat with their critical attitude.
When the water starts lapping at your ankles, you are free to believe it's just the plumbing backing up.
The figures are accurate if you don't dismiss the birth/death model, which probably includes less jobs needed for the people who will starve to death or be killed in riots next year.
Have a fantastic Weekend My fellow SMART MINDS.
nfw
The Bernank has his hands firmly on the controls, so nvm.
- Ned
Woid is he wants to run the BIG MACHINE.
http://www.youtube.com/watch?v=WNkAtgX-HT4
Or should I say? Common sensual.
I have found the number I was looking for.
About 150,000 Americans turn 65 each month (retirement at full age). About that many turn 62 each month, too.
With a 1%/yr general population growth rate on 300 million ppl, that is 3 million new Americans/yr. Divide by 12 and it's about 250,000 people per month, presumably evenly distributed over the first 16 or 18 yrs.
So 150K disappear from the workforce to retirement each month, and 250K are added for a net 100K/month added.
Yet today's report dropped 500K from the workforce? What the hell is going on?
You proceede from an assumption that the 150K each month were "in the workforce". They may have simply shifted from lower to higher benefits on the dole. Conversly, they may have shifted from WalMart greeter to 'retired'. Thanks for creating an opening.
It was the Rapture. Apparently, the rest of us weren't invited.
I know I'm preaching (mostly) to the choir here, but this is downright criminal.
Hey guys click thru to goldline and how to stop debt collectors and all the ads. You might find something worthwhile and it probably gives zh some money. Buy a t shirt and wear it occasionally. I wish you hadnt dissed cramer so much he is a maverick.and sympathetic to the little guy. He called the bottom twice and was right the.second time and didnt hurt you if you went in at 8700 and held on. He is also now saying.gold to da moon! Maybe he will advertise again and support zero hedge. I watch cnbc all day and i can tell by the patterns.of.some of their comments that they check out td. Click on some ads and buy some t shirts bitchez.
And how about a t shirt that says Buy Gold Bitchez in memory of the guy who started it all. I forgot his name cuz i.dont see him post anymore.
Does this mean Ann Margaret is *not* coming?
http://www.youtube.com/watch?v=FpO0OV4mfvo
Get real. Find a clip of Senta Berger.
http://www.youtube.com/watch?v=vWJEkcD1YXI
Ann Margaret is a beautiful woman. Whether before her accident or after.
Senta was better. And, yes, Ann is a babe. But, for redheads, Senta.
Both seem like class acts to me.
Yes maasa......god, we are old.
Well you're old ass has been paying some good attention for a long time and as an almost old guy I appreciate it.
Just for yuks, I agree with the population decrease.
Jan. is death month, and a ton of people have left the country.
Unfortunately, those that left, have money and are smarter than the average bear (hence left).
Voting proclivities are unknown.
Capital flight, bitchez!
mynhair
"Unfortunately, those that left, have money and are smarter than the average bear (hence left)."
I read an article about how illegal immigrants were returning home because they have better opportunities there than in the US.
Supposedly had a major economic impact on California.
Illegals leaving with SS, UE, and all the other assorted give-aways.
When your home country has an annual earnings level of $2700, this cit adds up, capice?
It just fucking sucks that every Government stooge just stands up and flat out lies. I have to come to this site for the truth and a bit of comic relief - "Iosif Shalom Bernanke" - HA!
Personally, I puke on every data point. Bulimics are pussies!
I'm old enough to remember doing a deal with just a handshake! We are Screwed! These people have no Soul!
If you want to rant? I respect that. Just rant in a smart way. Thank you. EG; charts, trend-lines or policies. But hell I'm stuck in Cairns looking at flattened sugar cane fields, after flying on a puny g-5 all night through Brisbane.
My sister is down in Bundaberg, but guess that was out of the wind field.
Had a Cat-4 visit here, without permission.
David Stockman on CNBS ripping apart the unemployment numbers:
http://www.cnbc.com/id/15840232/?video=1780974568&play=1
Stockman - "Where is the half million jobs that were lost in the last 30 days that nobody talked about? I'm talking about the once a year re-benchmarking of the number of absolute jobs in the economy. 30 days ago we're told there are 130.7 million jobs in the economy (December), this morning it was 130.2 (million jobs). That's the half million."
Faber - "That's how we went from 9.4 to 9.0 (percent unemployment) of course because our denominator went down."
Saw that, and he wasn't kicked off. Poor Mike Pento; shills aren't allowed to speak truth.
The number that was reported this morning, the 130.2 million jobs, was a number first reached in 1999. In other words, over the last 12 years, the U.S. has not created a job...according to the BLS (paraphrasing Stockman).
No net jobs in 12 years. Nothing to see here, moving on....
1999 news
http://www.wsws.org/articles/1999/nov1999/jobs-n08.shtml
Well I don't think there is any question about it. It can only be attributable to human error. This sort of thing has cropped up before, and it has always been due to human error
Well HAL, it's hard to deny it. After all, if YOU were to make a mistake, it was a Human that programmed you 2! 2! 2! 2!...
:>D
This.
http://research.stlouisfed.org/fred2/series/PAYNSA?cid=11
Last update shows 128,164,000 total nonfarm payrolls. The first time the 128m mark was crossed was November 1998.
Also in November 1998, the total population was 277,277,000. Now it is 311,256,000.
http://research.stlouisfed.org/fred2/series/POP?cid=104
So, we have 33,979,000 more people living in the U.S. than in 1998, and the exact same number of people working. Nothing good can be said about this. This is a recipe for absolute disaster... tax base, social security, medicare, budget deficits, trade deficits, you name it.
2 + 2 = 5
2+2=Pink
http://www.youtube.com/watch?v=yipV_pK6HXw
2-2(2-2) plus 2 equals?
Pink. It's all pink. You deef?
equals 2. The number required to have an intelligent conversation.
Pink! How can one have an intelligent conversation with one that is color blind?
2+2=fuchsia?
The sixties were a wild time.
Which one is Pink? ; )
Heh.
Have a Cigar - Pink Floyd (Lyrics)
http://www.youtube.com/watch?v=vL4ia37G4Uw
4
Anyone care to pool for a bus fund to DC?
Leave. Leave. Leave Now.
Good chant for in front of 1600 Penn Av by 2 people.
That should work; lamestream can't do simple math.
I heard Rush Limbaugh refer to ZH website on his show today. He didn't seem to know who Tyler Durden was.
ZH going MSM?
Yep, twice ZH was mentioned, and Tyler once.
Anybody know who Tyler is?
My Daughter and I are in agreement: We DO NOT want to meet Tyler Durden!
Rush is ok. I Really like Tyler!