- advertisements -
geithner talking strength, confidence and recovery
4-14 08:40: US Treasury Secretary Geithner sees confidence in markets for US fiscal position, adding that global economy shows gradual strengthening
Get Sophie on the phone. She's got some choices to make.
As the BRIC´s are meeting about the demise of the US dollar....hmmmm.....smart man
Nice! I'll need to borrow that at 0% if you don't mind.
Why too negative and unamerican!!
...BLS notes that jump in claims reflects quarter end.
So, companies now fire people at the end of the quarter? If thats the case, why did the retarded "economists" not know this and forecast it. What a load of BuLlShit.
It makes one wonder why the BLS should add any such comments to the data. Shouldn't they simply report the data and let if go at that? It seems obvious someone sent them a memo to put a positive spin on anything they report.
Makes one wonder why the BLShit Bureau shouldn't be stuffed into the cracks at Fukushima to help revise the previous week's emissions.
The reason doesn't matter, they just need to throw out one of these crappy numbers now and then so they can get back to the usual ways of describing the unemployment numbers:
this is one of those moments where I turn on CNBC for sport.
I did the same thing :D it was entertaining to watch liesman only talk about CPI and how food prices went down!
As long as the Truck Stop buffet stays the same price, Liesman thinks the economy is doing well
Impact of Japan earthquake on US production?
Bad weather in the East Coast was also the reason.
No billwilson I think US production of #1 product, 'bullshit' is increasing.
or maybe Peru elections?....or Chavez talking some bullshit?, what a joke
I love this data!!! I decrease in the FOOD component?? You kidding me? right..Do they only collect data at Taco Bell...
From one of the USA's LARGEST FOOD DISTRIBUTORS serving many chains and others, food prices have once again been increased from 4% to over 10% depending on product last week at wholesale level. Of course this is an APRIL number.
quick Timmay pull that 3rd thumb out your ass and stick it in the dyke toots sweet, cuz she's gonna blow!
Fed reporting seems to be engineered to induce short-covering bouts.
I knew we were in trouble when the WH Chief of Staff said something about not letting a good crisis go to waste.
i don't really understand the above article. Are you basically saying that bad figures (i.e. bad for the economy) are being slipped in by the back door? And this is done by revising the previously issued figures which people pay less attention to?
Welcome to the party
Sounds like you need to start here:
BTFD, America keeps exporting jobs and then saying the tax receipts has dropped. The truth is coming out and it s looking uglier everyday. Created or saved jobs is a crock of shitz. More pain to come and more layoffs. Get ready for a ugly decade.Meanwhile we need more fucking programmers and crap which is of no value.
Don't forget all the bankers and financial "experts". Talk about useless crap.
And some more excuses:
Translation - We tried really hard to seasonally adjust our way out of this number, and just couldn't so yeah, its quarter end related, yeah, that's it. Nothing to do with tax cuts failing, QE2 causing inflation without growth, etc....nope, just higher than normal quarter end volatility.
Let's not forget the uncertainty in the cost of hiring someone thanks to Obamacare and the indecipherable tax code. All the while Hopey the Clown talks about cutting $4 trillion over 12 years, just like he was going to cut the deficit in half by the end of his first term. And $4 trillion over 12 years won't do shit, even if he did somehow manage to make it happen.
We're so beyond Fucked we can't even find it on a map.
Remind me again, what did he say about increasing exports? LOL
hmmm...and what, pray tell, do we export?
Guns? Butter? Vaseline? Jobs? Pollution? Dollars? Treasury debt?
BLS we don't just provide data we provide spin.
they should just drop the L in BLS
Where's My Fuckup Job at BLS??Where can I get a statisticians job fucking up so constantly that my work has to be revised every week and not only not get fired...
but make $100k+ a year with full benefits, retire at 55 on 80% of my salary with gold plated government medical insurance??
'Reflects quarter end' so they admit they lie? Or are they asserting unemployment always goes up at 'quarter end'. Theres really a lot of people that need a good neck stretching.
so, should I short rope?
One Word: Oil!
Oil has not bearing on the Economoy and so is infaltion. Janet Yellen. yeap, I could not get inot Harvard. Damn, I guess i should have lied on my application to get into Harvard.
You don´t have to lie..you just have to be able to pay for it....
This is a recovery?
yep, the "jobless recovery" is back. who wants to take bets on when QE3 starts? I month, 2 months or straight after QE2 ending?
Snowing in the NorthEast at the end of March
If I looked at Obama´s 12 year budget he announced yesterday...I would be looking to move my companies elsewhere....I did...I am in Colombia
The chics r hot down there and it is a real status symbol to have a.caucasian usa boyfriend.
Oh hey thanks for the info!! : )
gold up a buck, silver a half buck, index futures down. Rockin.
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.