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The important thing...
No real new jobs create in net terms in Private Sector
If Created with lower salaries...
So less power purchase to consumption practices....
Keep the system Levitating...
SRS LONG, REITS are all fraud ponzi schemes.
We're gonna party like it's 1929!
They're not firing any lawyers, that's got to be a bullish sign right?
The lawyers did well at the beginning of the depression....then starved like everybody else.
I don't believe this report. Obama created 2.1 million private sector jobs since 2008. How can this be ? Oh my god. What's to be believed....
And Obama Bin Lyin' saved 2 million more jobs...
Every time his limo passed a pedestrian without running them over...
Another job was "saved"...
This is a serious response to King_of_simpletons:
Please recall that arrests of illegal or undocumented workers in the USA, when employed in US companies, processing plants, etc., has increased dramatically under the Obama administration.
Everyone arrested has had their newly vacated job declared under "new job creation" -- I kid thee not!
This number has been further leveraged even higher under that "adjustment" fudge factor.
you mean BLS, right??
OK, There's this car...OK... and,,,uh,,, there's this, uh,um, ditch...
... and the ditch is... uhh... just infront of, a... a... oh yeah a canyon. A f-u-c-k-in c-an-y-o-n. Good night kids!
The car is off the road, through the ditch, and over the cliff already too.
May I dare to quote from the 1980 Bilderberg paper ?
So you know what's in store for you in the future by learning from the past:
Canadian Working Paper
Economic Relations between North America And Europe
"2. The monetary system and the future of the dollar
In these same past three years, there have been periods when there was sharp European criticism of American passivity toward the decline in value of the dollar. And in the fall of 1979 it was unquestionably the refusal of the Deutsche Bundesbank to continue supporting the dollar that clinched the case within the American government for the Volcker package. This specific sensitivity remains potentially acute.
And behind it, of course, lie the wider questions of the continued role of the dollar as the dominant reserve currency, and of the operation of an overall system envisaged since 1971 as one of managed floating exchange rates. Many Europeans feel that the U.S. has done too little managing. And if all the major OECD nations have avoided the competitive deprecitiation of their currencies as in the 1930's, they have been concerned to maintain an exchange rate helpful to exports, even if that conflicted with broader objectives of a sound monetary system. There is a built-in conflict here that can too easily become a renewed source of serious friction."
Exactly the currency wars that we have been witnessing recently already being anticipated in 1980.
The current situation is not so much different from what it was back then..
Remember the early 1980s, the years of high inflation, with Paul Volcker at the helm of the Fed, who then had to raise interest rates to 14 %.
They called it double-digit inflation back then, the meme even made its way into music and films, for example Grandmaster Flash was singing about it in his "The message".
Back in the early 80's the Soviet Union just had invaded Afghanistan, and in Iran the U.S. installed Shah of Persia had been toppled and replaced by Ayatollah Khomeini who flew in by plane from his exile in Paris.
Shit, Back then, I was just a kid listening to The police and Rush. Who would of ever thunk?
" Who would of ever thunk?"
" Who would of ever thunk?"
You were listening to Rush when you should have been listening to Tom Petty and Van Halen... Are you sure you were thunking back then???
"Broken glass everywhere, people pissing on the stairs you know they just don't care,
Rats in the front room, roaches in the back, junkies in the alley with a baseball bat."
"So don't push me,
'cause I'm close to the edge.
I'm tryin' not to lose my head, ah-haha-haha !"
It's like a jungle sometimes,
it makes me wonder,
how I keep from goin' under."
Most jobs listed in my sunday paper are for mostly for security guards. They're always hiring
That is a growth industry.....there is going to be a huge need for personal, business, city, state, and nation security.....the mobs will be roving...and it will not be pretty....
Indeed. I think its a great opportunity for a business start up but i know nothing of security. Goto CapeTown or Jo'Burg - that model of living is coming to America.
ADP numbers come out tomorrow then?
jobless recovery aka the economy of pain.
QE was supposed to "juice" the economy and ADD jobs.
Now we see an increase in pink slips......
Wait a minute! Was that QE reasoning just a lie?
Hold on! Is QE nothing more than a fancy word for stealing??????
I think this shows some overlap with the earlier report that the voluntary separations number has cratered.
It's becoming clear to employers that their worst workers will never quit on their own, no matter how bad the workplace environment is made for them (think Milton and his red stapler in the basement) and so the planned layoff numbers are trending up.
Not sayin' it's not bad news -- just sayin'.
Gotta love the CNBC headline for the same report:
Pace of US Layoffs Lowest since 2000: Challenger
yer shittin' me, right? can you parse their "logic", data or rationalization for me?
Polish that turd 'til it sparkles! Get more glitter, Erin!
I was just reading that...lmao...it is the new generation of:
What's a bot to do?
the recovery has fallen and it can't get up.
it's just an old gray hag floundering around on the floor.
I used to love those commercials when I was a kid. Out of my group of friends growing up, I was the best at mimicking the commercial. I could probably still do it today.
The only large residential jobs our design and engineering firm is still seeing are from gov't employees. GSA employees, police, retiring beaurocrats, etc haven't slowed down their lake homes or McMansions. The average private citizen is not builiding. Also, our commerical work has always been churches and assisted living homes. Both of these have slowed or dried up completely. Builders in our region have no backlog and when a project comes in are pushing us to get it out the door so that they have something to do. Framing and masonry crews are applying at every jobsite.
Anecdotally, I saw something this past month that puts a face on some of the long term problems we have. About two years ago a Lowes hardware store went up in my small town. A small hardware store (open for 15 years) just closed after trying, but not being able to compete. I saw the owner last week, now behind the paint counter at this Lowes. The "Wal-Mart or Lowes good/bad" type debates go back and forth, but long term term, this cannot be good for a healthy prosperous society. Yea, my paint is a dollar cheaper a gallon and my socks are 1 dollar a pair, but how many small business owners are now working for $9/hr?
In my hometown there's a Lowe and a HD across the road from each other, on the outskirts of a city with 9000 people! Granted, the county has 30K people as do adjacent counties. The "growth" it brought was the unemployed from other counties to take the $9/hr jerbs.
Leave it to CNBS to see a statistical silver lining to economic data pointing to a double dip. I quote the propaganda arm of the US govt directly, their headline reads as of now:
"Pace of US layoffs lowest since 2000"
Thats right, ignore an alarming double digit MoM uptick in job destruction right when all the laying off was supposed to have been over and business was hiring because the economic recovery was so strong.
Instead, desperately find a way to lipstick that pig. Now thats real journalism, captured media style.
Oops. While I was composing my long winded comment, FischerBlack beat me to the punch with the same observation, expressed muck more succintly!
CNBC = bought and paid for Jackazzholes.
well, I had no idea CNBS carried that much clout! VXX continues to fade in pre-market....
So has Mark Zandi graduated to full-blown lemming in his calling of the recovery re-acceleration...
Hussein and the banksters are going to start eroding LIFO layers of lies to keep the sheeple's gaze fixed on the hypnotic watch...
Ready for the punchline? drumroll please...
"Obama want's four more years to work his magic"
Now that's both cruel and funny.
Hey, Gov't job cuts lead the way! According to Republicans/Teabaggers, isn't that supposed to fix everything?
Whenever the unproductive get fired that's a good thing.
According to CNBC, it's great news on jobs!
"Pace of US Layoffs Lowest since 2000: Challenger."
Cutting a Government job is like taking someone off welfare or unemployment. It's more of a positive than negative.
Not really, now they are on unemployment and welfare.
That costs less and most government employees will not be able to live on such a meagre handout. They'll have to get real jobs.
Yes, the new gubmint "management rotation" training:
3 months on, 99 weeks off...rinse, repeat
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