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Hatzius wasn't far out.....
LiesMan just swallowed his false teeth.
You can't have Liesman without lies.
Obama might have made his biggest political blunder by touting the strong job numbers this week. He is the primary reason if their is a collapse.
At least he has a job...but it's looking more and more temporay every day.
My oldest son and his girlfriend have been 'employed' by a temp agency for six weeks. He has actually worked, been paid, for less than forty hours during that time despite having shown up at the agency every weekday during the six week period. I wonder how many such 'jobs' are being counted?
He's toast, frightening how incompetent this admin. is.
It gets worse...
Since we are throwing around links and graphs and stuff -- check out the Chart of the Day:
Now that's an ugly baby.
Here is an uglier baby:
Overpromise and underdeliver. FAIL. He and Biden are just sound bite dummies. There is no "modesty" switch in their brains. He was desperate, somebody told him in a hallway the numbers looked "good" and he ran with it.
As someone who was willing to give Obama a chance, I get a vibe from him that he thinks the President's job is to be a motivational speaker. He doesn't seem to care for the managerial part.
obama - the community organizer in chief!
Based on his previous resume what did anyone expect?
Then the arrogant SOB has the stones to stand up this morning and say that Even if you subtract census hiring, the number is still positive and shows signs of recovery.
The only sad part is that 40% of Americans will believe it.
My thoughts similarly, the Tipping Point. With the "A Thousand Brilliant Jobs Report" in conjunction with the "I am in Charge." posturing over the GoM leak, credibility is Decimated. His Own Kind shall Begin Feasting upon the (Not Symbolic) Body of the Messiah.
Further, time enough has passed, the Administration, Indeed, All of Washington Now Owns the Game, Lock, Stock and Barrel.
The Employment Report is Prima Facie Evidence that the Neo-Keynsian, Tax and Spend Model indeed exhibits a Negative Multiplier Effect. Game Over.
Forget not, Further Ruminations regarding the merits and demerits attached to the Color of the Jersey Donned by any Kabuki Cheering Section of the Only Party in Power are exactly the Diversion Needed for Further Cover of Additional "Altruistic" Agendas in order to Prolong the Looting. Never Let a Good Crisis Go To Waste - the Mantra, the Movie.
Narcissists, Community Organizers or Visionaries, it Matters Not, for Effective Release from the Maws of Social, Political and Economic Tyranny are Desperately Necessitated.
Obama: Let Them Eat Hope.
Anyone deny double dip now?
Leo, the disciple of Ra.
Meanwhile headline on CNN - Jobs in May jump !!
"Jobs in - may jump!!"
Seriously... where is Leo K. ?
I was so looking forward to his re-cap of 'improving fundamentals' this morning...
He must be dialed into the CNBC/MSM/White House conference call... subject: revised economic talking points, or how to ignore a depression.
Never underestimate the capacity for humans to deny everything, including our own existence.
Does that mean I can deny my existence and stop paying taxes?
you might not have to since the Govt might have a problem when they stop paying the salaries of the people at the IRS. Or more likely make their salaries worthless through QE.
No, that will just make them mean.
I think you have that backwards CD. I believe humans are denying their in-existence. Appearance Emptiness. There is no solid thing to find, just evershifting causality. When one looks for one's self, there is no self to find, if one looks diligently. The false ego, satan by any other name, is the root of evil, and the need for more and more and more to substantiate the inexistent.
It is not Kant's, "I think therefore I am."
It is Exodus's, "I am that I am."
There is nothing but conciousness, and conciousness is all that passes through it without limitation or impediment; everything and nothing in and of itself. The paradox of being.
What is this existence you speak of?
Row, row, row your boat, gently down the stream, merrily, merrily,merrily, life is but a dream.
Oh snap. Queensryche was correct all along.
don't forget Popeye, "Iyam what Iyam!" ;)
I like the row boat analogy. :>)
In my defense, I was trying to briefly outline the case for extreme denial, not be factually correct about the dream like nature of our reality.
But I appreciate the fact that you quite obviously have given a great deal of thought to this subject and you're hot on the trial of the big picture. You will enjoy the rest of my series as I drive towards this point.
No defense necessary, it's just discourse.
I hope I'm hot on the trail of true evolution, enlightenment, and pulling the plank from my own eye. Though I stumble on the rocks regularly and routinely, may I be foregiven and have the strength to forgive myself. Only when this is achieved will I be able to truly help the masses who are suffering in their ignorance, as I have with mine and still do.
May the light fill me. May I shine like a beacon in the night, that my words might soothe, and that my hands might heal. May that I find my place in the palace of heaven here on earth within myself, and bear its burden in this world upon my shoulders; a pillar of light to hold up the righteous hall. May the narrow path be clear. May the seeker find. May the door be opened.
I always enjoy your posts CD, and I do look forward to them. Shine the light brother, nothing can stand before it.
"It is not Kant's, "I think therefore I am."
"It is not Kant's, "I think therefore I am."
You are correct it isn't Kant, it's Descartes.
Cogito ergo sum.
Although 'ergo sum, cogito' does have a certain je ne suis qoui about it. :-)
Descartes is sitting at the bar at closing time.
Bartender asks him if he wants one for the road.
Descartes says, "I think not."
Then he disappeared.
LOL Brilliant! :>)
Oops on Descartes - Kant. What can I say?
No biggie. Here's one from the best of Monty Python:
I sang that rhyme to all my kids. So true
Nah, I think its pretty clear were we are heading. The problem this time is they tried to spin the numbers, and it just looked awful. Normally they can do it, and everyone is amazed. The temporary Census Workers really shouldn't even of been counted, they are fake jobs. And if you read the article from above, by the time you make all the adjustments to Birth-Death, Temp... It works out to be nothing. The lies amaze me, hopefully by now no one believes them.
Also keep in mind the "Census Worker" job numbers are being goosed (maybe by a factor of 2-4X).
Bob Januah(?) has raised his global QE target to 10-15 TRUSD! Don't give up Benny your doing a great job!
But the unemployment rate fell. CNBC can focus on that today.
Yes the labor force conveniently down 350K or something with the unemployed falling 250K or so. Nice move. Lol
No, they just ran out of UI benefits so they don't count. In an unrelated issue, watch the number of convenience store robberies soar.
We are due for an SNA/Patty Hearst type event.
I mean, would we really miss Paris Hilton, or her little Taco Bell dog?
Leo Kock Kovaki, is looking the fool anyway.
He'll point to manufacturing...and maintain that all the new jobs as undertakers are green shoots.
That jobs report straight stunk. Mix in dollar funding crisis in Europe and you've got the recipe for freaky Fridays, gonna be a nervous weekend as well. Why hold equities over the weekend? Dumping will occur promptly, hopefully the market doesn't go no bid on the downside.
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