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US Needs To Generate 254,000 Jobs A Month For 65 Months To Get To Pre-Depression Employment By End Of Obama Second Term

Tyler Durden's picture




 

Every time we update the projection chart of how many jobs have to be created by the end of Obama's now improbable second term, the number goes up.  First it was 245,500 in April, then 250,000 in June, now it is 254,000: it seems to increase by 5,000 each month. As a reminder this chart looks for the breakeven number that has be attained to restore (not surpass) the jobs that the US economy had back in December 2007 as the Depression started, when accounting for the natural increase of 90,000 people/month in the labor force. Needless to say, there is no way in hell the US economy can create a quarter million jobs per month from now for the next 65 months, as long as the president continues to pander to Wall Street's "wealth creation" via asset returns instead of directing capital into actual economically viable projects that focus on wealth creation through labor.

 

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Fri, 07/08/2011 - 11:32 | 1436792 Zedge Hero
Zedge Hero's picture

More obama lies to come, watch what he derives next, a few weeks ago he said 1 trillion so far spent on War debt in the last ten years.  more like 6 trillion.  I've lost hope and want my change back, prefer them in silver pre 1963 coinage of course.

http://www.youtube.com/user/zedgehero

Fri, 07/08/2011 - 11:33 | 1436831 trav7777
trav7777's picture

racist

Fri, 07/08/2011 - 11:38 | 1436856 Grinder74
Grinder74's picture

Technically he's only half-racist as BO is only half-black.  I'm sure going to miss our 44th white president!

Fri, 07/08/2011 - 11:52 | 1436899 TruthInSunshine
TruthInSunshine's picture

Confidence game. They've officially lost the game - it matters not what equity markets do or don't do for some time (real markets reflective of economic activity tell the tale; equity markets are always late to reality).

There's nothing sinister, or new, about it - in generic or historical terms. If consumers and businesses are not confident, they will not spend and hire.

There are new, innovative and sinister aspects to this management (Bernanke, Paulson/Geithner, Friedman & Dudley), however, in the form of TARP, TALF & QE (all highly destructive and even criminal [TARP] programs, designed to purely enrich/bailout Wall Street, which has nepotistic ties with the Federal Reserve (and many in government, including Pelosi and Paulson).

But the idea is simple. If consumers and businesses are not confident, they will not spend and hire.

If consumers don't spend and hire, unemployment can't get better, and ultimately, starts to increase.

If unemployment doesn't get better, or ultimately, starts to increase, consumers spend less and businesses hire fewer people, then freeze hiring, then lay people off.

If consumers spend less and businesses hire fewer people, then freeze hiring, then lay people off...

You get the idea.

Print more fiat you say? They have, it's created outrageous real inflation, and has simply destroyed discretionary purchases (and quite a bit of non-discretionary purchases, hence the need for more and larger government transfer payement assistance; hello SNAP).

This is the real 'virtuous circle' that Bernanke has created.

Bernanke is an absolute failure of a man and an economist and central banker because he tried to fight a structural disintegration of the economy, cause by massive government, business and household debt/leverage (don't believe CNBS - U.S. businesses alone - so "flush" with cash - have a record 11 trillion of debt) and structural changes to the employment, consumption and production patterns ushered in by incredible gaps in efficiencies between new global trading partners (which Wall Street capitalized on by engaging in incredible risk taking, banking massive profits, with the 'too big to fail' designees getting taxpayer bailouts), by using monetary policy (which has flamed inflation and thrown water on any potential embers of structural - employment, organic demand, unsubsidized demand - improvement.

This isn't 1933. Bernanke is not brilliant or wise. Bernanke has taken from taxpayers (watch and see how this transfer of the Fed's balance sheet to taxpayers plays out) trillions to bail out the least useful and I'd argue most destructive segment of the capitalistic base (the money shifters), and with time, the taxpayers, consumers and producers of real wealth (businesses that create things of real value and don't simply shift money from one pocket to another account) will suffer a death of a thousand blows.

The window to truly help the U.S. and global economy has closed. Bernanke & Paulson will go down as not only failures, but criminal accomplices that helped usher in a new economic depression.

The middle class revolution in the United States will happen. It won't be bloody or violent, but it will be effective in it's "not buying anything not needed or that which I'm not subsidized heavily to buy" simplicity.

The CONFIDENCE game of having government mouthpieces and the proxy media tell the consumer and taxpayer that all is well and green shoots are blossoming is for naught. Even the sheeple understand that the system is broken and that they're being lied to, even if they don't understand the intricate details of the hows and whys - most undeniably, there's less money in their pockets and less purchasing power to go with the less fiat, so they feel it.

When CONFIDENCE is lost, commerce slows, and as commerce and interchange is the liquidity and oil of the economic engine, things seize up.

Fri, 07/08/2011 - 11:54 | 1436953 TheTmfreak
TheTmfreak's picture

I think you've really hit the nail on the head on the emphasis on shuffling money to "make money" rather than through production. That is the heart of this entire issue. Production creates wealth by turning something of not much value (in its current form) into something somebody wants/needs. What assists even further is the use of that to create more production. I.E. Ore mined to be sent to a machine builder, who sells machines to somebody who extracts more ore, or cultivates agriculture.

The assumption was you bail out the big banks so that they can assist businesses who conduct or will conduct this sort of action through giving them capital. That clearly didn't happen since the risk is too great, not guarranteed, and can't be manipulated as easy. (likely harder to get legislation forcing consumers to buy or subsidize some shitty product than to bet on stocks or the failure of other banks/countries).

Fri, 07/08/2011 - 14:15 | 1437512 Marco
Marco's picture

There is a small problem though ... the value of ore is no longer "of not much value". There is more than enough labour and not enough ore. We live in the time of peak everything.

Fri, 07/08/2011 - 14:33 | 1437601 TheTmfreak
TheTmfreak's picture

Well sort of. I'm not going to say it doesn't have value because to those who get their living off of mining it/processing it, it does. However the "end consumer" its value is what it EVENTUALLY becomes. (hence the markups).

Well don't be so quick to say there is plenty of labor. This more than a "there are plenty of bodies" situation. Labor is limited by unions, regulations, education requirements, and so on. Not to mention there isn't exactly a shit load of people jumping at the job. This is ontop of the fact that ore is becoming harder and harder to extract.

Fri, 07/08/2011 - 11:56 | 1436965 Silver Shield
Silver Shield's picture

30 Reasons To Get Out Of Real Estate And Into REAL Assets
http://dont-tread-on.me/30-reasons-to-get-out-of-real-estate-and-into-re...

Fri, 07/08/2011 - 12:35 | 1437131 TheTmfreak
TheTmfreak's picture

Thanks for sending that. Good read. Nothing really new or surprising, but organized well. Although I think it should be clarified that one should get out of real estate as a "wealth" generating asset, rather than owning a house in general.

Alot of the government "what ifs" in the article are kind of pointless to mention. Anything can be done by a desperate government, so its not worth mentioning. "The government could go fascist/communist and take your land" Well yeah, no duh, but its not like one can prepare for that. (Although if you have no physical transportable assets because you've wasted all of your money on consumption or a home, then yeah)

Its also hard to make those arguments to stay out of real estate, then to say that one should buy a house with a really good mortgage that is near water and so on. Unless of course you mean "don't buy real estate as something to make money off of, rather than to live.

Fri, 07/08/2011 - 13:33 | 1437370 Cthonic
Cthonic's picture

Governments have many other tools in their pocket to steal your property like zoning...

It's even worse than that.  Even when real estate is properly zoned, development can be denied indefinitely by an inadequately compensated planning commission.

Fri, 07/08/2011 - 11:59 | 1436990 karzai_luver
karzai_luver's picture

if we could hold around the 1990 level it's the best to hope for.

 

Fri, 07/08/2011 - 12:06 | 1437011 karzai_luver
karzai_luver's picture

age and time.

That's all that ever "fixes" anything.

 

The boomers have(had) the power to spend but age and the end of easy money

via fake jobs has sunk in and they are not going to spend

as before.

 

None of the other GENS have the bucks.

 

1990 if you are lucky.

REALITY when it BITES, is a bitch.

 

Confience is when you are still asleep and can engage the magical thinking

that it always has to be better.

 

Again..

REALITY when it BITES is a bitch.

 

 

 

Fri, 07/08/2011 - 12:14 | 1437051 dick cheneys ghost
dick cheneys ghost's picture

And just wait until they pull $4 trillion out of the economy.........it wont be long......

Fri, 07/08/2011 - 13:09 | 1437279 walküre
walküre's picture

They won't pull it out, it will just flow through their accounts into the economy. Much of it into pharmaceuticals and the medical sector.

The problem is rather that the 4 trillion they intend to pull out aren't really there.

Fri, 07/08/2011 - 12:12 | 1437044 km4
km4's picture

+10

Fri, 07/08/2011 - 15:19 | 1437858 Hedgetard55
Hedgetard55's picture

+55 kajillion.

Well said.

Fri, 07/08/2011 - 11:52 | 1436943 trav7777
trav7777's picture

you're a racist too.  Black is black.  Just like Halle Barry said.  One drop rule, paper bag test (they do these at HBCUs).

Fri, 07/08/2011 - 12:45 | 1437176 coppertop
coppertop's picture

RACIST

Fri, 07/08/2011 - 11:38 | 1436859 Don Quixotic
Don Quixotic's picture

Can someone explain wtf is going on with the S&P volume... this is kind of scaring me a little because I have no idea what is going on.

Fri, 07/08/2011 - 11:40 | 1436870 Don Quixotic
Don Quixotic's picture

No volume in JPM or C either... wtf is going on!!!!!! Does anyone have any guesses? Anyone?

Fri, 07/08/2011 - 11:46 | 1436905 equity_momo
equity_momo's picture

Yeah all the long only dumb fks are clenching their swivel chairs with thier puckered assholes hoping Brian "The Ball" Sack bids the market up in the last hour to unload some risk into. Failing that , theres going to be a big red candle to close out the last hour.

Fri, 07/08/2011 - 11:57 | 1436973 Don Quixotic
Don Quixotic's picture

is it unreasonable to think they're trying to hold shares until the July put options they sold to fund equity purchases expire out of the money so they don't get hit with a double whammy?

Fri, 07/08/2011 - 12:10 | 1437034 ebworthen
ebworthen's picture

Are you serious?

The banks are insolvent, cotton candy spinning since 2008.

If you were in and didn't get out before the jobs report you are delusional or suicidal.

Buying them on a day like today, and a Friday, would be almost as bad.

HAL 9000 says hello.

Fri, 07/08/2011 - 12:13 | 1437046 Don Quixotic
Don Quixotic's picture

What does any of this have to do with the question above? OK, the banks are insolvent. That's actually my point. There should be heavy selling volume. OK, people didn't get out before the report, let's even say a bunch of people got in. WHERE'S THE SELLING VOLUME? DID YOU EVEN LOOK TO SEE WHAT I'M TALKING ABOUT? 

And who said anything about buying?

Give me a break man.

Fri, 07/08/2011 - 12:38 | 1437141 ebworthen
ebworthen's picture

I was responding to JPM and C part.

Why sell on a down day?

The inside money knows they can wait for a debt ceiling deal or some other fluffer news (pre-released to them) to pump the financials back up - then they can rotate out if they want to - so they won't sell today.

It's Friday, why would anyone buy or sell financials today?

In general, we just had 7 of 8 days up, something like 7%.  You either sold into the move up yesterday and went to cash or bought something else, yesterday.

The incredibly low volume tells you that traders and even investors are not participating in the markets much and that a majority of any volume are HFT desks and shops who aren't going to do anything on a Friday with bad news - or - they will wait for the last hour and see what kind of mischief their algos can do.

Fri, 07/08/2011 - 12:46 | 1437186 coppertop
coppertop's picture

IT'S ALL ABOUT THE THAKERS

Fri, 07/08/2011 - 12:53 | 1437214 ebworthen
ebworthen's picture

thakers?

Fri, 07/08/2011 - 12:56 | 1437228 coppertop
coppertop's picture

yup, thakers

Fri, 07/08/2011 - 13:04 | 1437260 ebworthen
ebworthen's picture

Elucidate me, if you would please.

Sat, 07/09/2011 - 02:41 | 1439237 piceridu
piceridu's picture

Ole Coppertop is a replicant

Fri, 07/08/2011 - 13:12 | 1437292 max2205
max2205's picture

tyler it wont be a problem, just recalc birthdeath as well as the CPI....full employment and low inflation (on paper)...weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

Fri, 07/08/2011 - 12:05 | 1437019 mr. mirbach
mr. mirbach's picture

it ain't racist to dislike a black man for being an asshat douche is it?

Fri, 07/08/2011 - 12:47 | 1437189 coppertop
coppertop's picture

if you don't love de coon you miz recist

Fri, 07/08/2011 - 11:25 | 1436794 HelluvaEngineer
HelluvaEngineer's picture

We're gonna need an ass ton of shovels.

Fri, 07/08/2011 - 11:32 | 1436802 Azannoth
Azannoth's picture

.

Fri, 07/08/2011 - 12:48 | 1437192 coppertop
coppertop's picture

Let's invest in our highways. All together now 

Fri, 07/08/2011 - 11:26 | 1436798 Cognitive Dissonance
Cognitive Dissonance's picture

Readying QE 3, 4 and 5 for liftoff.

White House, we have liftoff. Liftoff of QE 3, 4 and 5.

God bless what is left of America.

Fri, 07/08/2011 - 11:39 | 1436862 Josh Randall
Josh Randall's picture

QE3 = a great way to artificially lift stock portfolios until after the election. So lets see, add that to the following:

* Free housing for unemployed for a year - CHECK!

* Released oil resrves for cheaper gas over the next year to stem off riots - CHECK!

* Constant wars around the world provides jobs for the young and violent, the crotchety old Truck Drivers, and old Engineers working as Contractors making tons of cash - CHECK!

* Continued blind eye to Wall Street pilaging and looting so a large donor base and voting block can be secured - CHECK!

Boy you really need to hand it to these snakes, they are pulling out all stops to secure re-election.  

Fri, 07/08/2011 - 11:44 | 1436896 SheepDog-One
SheepDog-One's picture

Theyve got everyone certain no matter what, more QE always certain to come to bail out massive equity bubble, as Wall St stacks their shorts.

Fri, 07/08/2011 - 12:01 | 1437000 r101958
r101958's picture

The big question is this; what is going to be promised in order to be elected?

Fri, 07/08/2011 - 12:06 | 1437027 Dr. No
Dr. No's picture

They will cut social security (effective 2016 or some time in the future) to get debt ceiling raised (and blame it on the repubs).  In election season, they will promise to "roll back" the SS cuts. 

Step 3, profit! 

Fri, 07/08/2011 - 12:12 | 1437031 karzai_luver
karzai_luver's picture

same as it ever was , only that the other side is going to be worse

and come after YOUR free shit.

as it eveh waz.

 

Obamao will (if smart) cave to anything the REpubs want to cut in the

medicaid/medicare arena in a 10-15 year deal.

 

Then he will run on those cuts to try to scare the free shitters into

voting for him to LIMIT the damage.

 

Might , just might have a shot since they can't run on the JOBS.

 

 

Fri, 07/08/2011 - 12:23 | 1437075 shortus cynicus
shortus cynicus's picture

Thank you for great comment. One note:

* Constant wars around the world provides jobs for the young and violent, the crotchety old Truck Drivers, and old Engineers working as Contractors making tons of cash - CHECK!

I hope you don't underestimate your own words.

After beating Third Rich the winners let all the crony structures of power remain in place - it was cheap and effective way for getting order and self-sustained economy.

In Iraq, they did exactly the opposite! All the Saddam's structures would willingly work for new masters, but it was denied to them just to make war as expensive as possible.

Dirty fresh printed paper must be in some way spread amoung debtors to ease the credit burden and make the ponzi going. Current wars are money-loundering and job creation enterprises.

According to costofwar.com the total cost since 2001 is 1.218 billion FRNs. And that's only what we know, who can guarantee that FED has no secret "credit line" for this special purpose?

Fri, 07/08/2011 - 11:40 | 1436872 Dr. No
Dr. No's picture

I know it is fun to talk about QE3 etc., especially when the topic of jobs comes up.  From day 1, thinkers knew QE was not intended to stimulate job growth, but was marketed as such anyway.  Fast forward to a year later with no job growth.  Even non-Phd trained economist can see the data does not show QE creates jobs.  So I have to wonder, is there traction to initiate QE3 on the basis to create jobs?  I dont think so.  If there is a QE3, the FED will need to drag out a new marketing ploy on why it is necissary. 

I really dont think creative reason is needed, just say the truth: QE is intended for the biggest banks to unload liabilities to the FED.

Fri, 07/08/2011 - 11:48 | 1436914 Cognitive Dissonance
Cognitive Dissonance's picture

A lie by any other name is still a lie. 

They can call it whatever they wish to call it, but it is (and was) obvious more pumping will be pursued. The junkies are not sated and quite frankly never would be once they were hooked on debt. The only question left is what politically expedient name will be used to cover up the wholesale theft and destruction.

Hooked on debt. I like the sound of that.

Fri, 07/08/2011 - 11:59 | 1436988 SheepDog-One
SheepDog-One's picture

Sorry I dont agree with this one CD...the point was never to just pump, it was to keep people from selling until the rug is pulled out. 'Monetize the debt' was the game, and the game is over. Believing they just keep pumping is playing Russian roulette with 6 chambers loaded.

Fri, 07/08/2011 - 12:19 | 1437063 Cognitive Dissonance
Cognitive Dissonance's picture

You may be entirely correct. We won't really know until the grounds crew is called in to clean up the mess.

But I suspect there are many more innings left in this game with plenty of private debt left to be absorbed by "we the people".

Let the games begin.......again. :>)

Fri, 07/08/2011 - 13:00 | 1437244 coppertop
coppertop's picture

you would be a cricketeer

Fri, 07/08/2011 - 11:44 | 1436895 DaveyJones
DaveyJones's picture

I'm confused CD, are our divine blessings like our debt? Will we take any god's blessings? I hear the indians have the most. Or do we have an inside ponzi scheme with Rome?  

Fri, 07/08/2011 - 11:46 | 1436910 DocinPA
DocinPA's picture

Helicopter Ben might just get lynched if he tries it.  There are a whole bunch of families hurting from food inflation and more than a few have figured why we have it.

Fri, 07/08/2011 - 12:26 | 1437092 Cognitive Dissonance
Cognitive Dissonance's picture

The key is to get people to beg you to do what you wanted to do anyway. Psyops 101

Fri, 07/08/2011 - 12:49 | 1437195 coppertop
coppertop's picture

fail 101

Fri, 07/08/2011 - 21:56 | 1438945 goat
goat's picture

awwww...look! a little baby troll thing...it must have fallen out from under that bridge

Fri, 07/08/2011 - 11:28 | 1436799 Mercury
Mercury's picture

But just think how much worse it would have been if He hadn't saved all those other jobs...

Fri, 07/08/2011 - 11:27 | 1436804 idea_hamster
idea_hamster's picture

there is no way in hell the US economy can create a quarter million jobs per month from now for the next 65 months

One way: conscription and war.

Fri, 07/08/2011 - 11:33 | 1436822 carbonmutant
carbonmutant's picture

Institute the draft...

Gen Y and the draft...LOL

Fri, 07/08/2011 - 11:35 | 1436842 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Slave labor as work:  Smithsonian economics at its best.

Fri, 07/08/2011 - 11:50 | 1436933 carbonmutant
carbonmutant's picture

CCC camps by any other name...

Green Jobs...

Fri, 07/08/2011 - 12:50 | 1437200 coppertop
coppertop's picture

we need more bridges and highways

Fri, 07/08/2011 - 12:53 | 1437215 Cognitive Dissonance
Cognitive Dissonance's picture

I love what you've done with the place and how you leave little turds here, there and everywhere.

Fri, 07/08/2011 - 13:01 | 1437219 coppertop
coppertop's picture

I'm so pleaed you approve of the fung she

Fri, 07/08/2011 - 11:31 | 1436825 bigdumbnugly
bigdumbnugly's picture

if the conscription trial balloon floats up again - watch out.

i don't think it's gonna happen though.

 

Fri, 07/08/2011 - 12:51 | 1437203 coppertop
coppertop's picture

What ever happened to ballon boy?

Fri, 07/08/2011 - 11:32 | 1436827 sdmjake
sdmjake's picture

Didn't you watch the speech? All those drywall hangers and painters are going to start building high speed railroads. And then the patent reform is going to create millions of new jobs with all those cool new patents.

 

egads...

Fri, 07/08/2011 - 11:43 | 1436889 youngman
youngman's picture

That statement is so typical of a Leftist over educated community orginizer politician that has no idea what a JOB is...nor what construction is and who does it...you are right...an illegal drywaller is not going to be building a bridge in Philly....it shows how out of his league this President is...

Fri, 07/08/2011 - 12:16 | 1437053 karzai_luver
karzai_luver's picture

the weakest link in capitalism is the idea of intellectual property rights.

It kills the whole idea. You just can't keep it tied down anymore.

Of course globalist fools would say that's ok, production will handle the lack of profits.

 

Fri, 07/08/2011 - 11:33 | 1436834 trav7777
trav7777's picture

Sure there is.  We just need more diversity. 

Fri, 07/08/2011 - 11:31 | 1436810 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

What is Jan Hatzius doing this morning?  Does he still have a job with Goldman Sachs?  Oh, what am I thinking, of course he has a job with Goldman Sachs!

Fri, 07/08/2011 - 11:30 | 1436815 carbonmutant
carbonmutant's picture

Eventually he'll end up blaming the Democrats for not supporting his ideas...

Fri, 07/08/2011 - 11:31 | 1436819 dwdollar
dwdollar's picture

The funny part is a lot of people still believe this will happen.

Fri, 07/08/2011 - 11:34 | 1436837 Cognitive Dissonance
Cognitive Dissonance's picture

Belief is a funny thing. No facts required and most certainly not desired.

Fri, 07/08/2011 - 11:42 | 1436880 Ray1968
Ray1968's picture

Just like Global Warming!

Fri, 07/08/2011 - 11:52 | 1436936 DaveyJones
DaveyJones's picture

is that statement a belief or a fact? depends on who I ask

Fri, 07/08/2011 - 11:55 | 1436964 carbonmutant
carbonmutant's picture

True believers do not listen to the facts. Their belief trumps all.

In fact their commitment to their belief requires them to explain away the facts.

Fri, 07/08/2011 - 11:59 | 1436991 Cognitive Dissonance
Cognitive Dissonance's picture

Never let facts get between you and your beloved beliefs. Ain't no room at the inn for dissenting opinions.

Sat, 07/09/2011 - 15:30 | 1440046 carbonmutant
carbonmutant's picture

What did you learn in school today?

To think or believe?

Fri, 07/08/2011 - 11:54 | 1436955 SheepDog-One
SheepDog-One's picture

And a whole lot of people also believe that Ben Bernank and the central bankster Wall St criminal cabal are working for their best interest, to ensure their bubble stocks keep going up by providing endless free money flowing. Those peoples total downfall will be hillarious to me one morning soon.

Fri, 07/08/2011 - 11:32 | 1436826 pepperspray
pepperspray's picture

I'll take my mortgage priciple reduction now

Fri, 07/08/2011 - 11:33 | 1436830 kaiten
kaiten's picture

What second term?

Fri, 07/08/2011 - 11:33 | 1436832 kaiserhoff
kaiserhoff's picture

Sad as this happy horse shit is, it's not the worst.  The QUALITY of private sector jobs has gone to hell.  It's all part-time, short term, minimum wage crap.  Real jobs with benefits are just a memory.  Tough time to be young;(

Fri, 07/08/2011 - 11:35 | 1436843 trav7777
trav7777's picture

only if you are the wrong color.  The jobs and school slots remaining are bending over backwards to inject more diversity.  If you can make it to mid 20s without any major felonies, then the sky is the limit.

Fri, 07/08/2011 - 12:03 | 1437010 DaveyJones
DaveyJones's picture

Im so sorry that dude with the funny way of talking and luxurious tan edged you out on that promotion but you really need to get over this. Evil is like money, it comes in all colors and faiths. So do victims. So do beneficiaries.

Fri, 07/08/2011 - 11:38 | 1436857 John Law Lives
John Law Lives's picture

Good point.  Those 62,000 jobs created by McDonalds are not exactly "good" jobs.  America's elite have masterminded the outsourcing of massive amounts of wealth in the spirit of globalism.  Great f'ing plan, elites!  Time for QE3.    

Fri, 07/08/2011 - 11:48 | 1436922 trav7777
trav7777's picture

McDonalds is 365black.  Look it up if you think I'm FOS...365black.com

WTF is goin on is right the hell in front of y'alls faces if you're willing to look.

The jobs aren't for you.  The bennies aren't for you.  Principal reduction, promotions, entry level...none of that is for you.  McDonalds isn't for you either.

If 365black won't solve shit, then we need more days in the year.  And more MLK statues.

Fri, 07/08/2011 - 12:38 | 1437146 I_ate_the_crow
I_ate_the_crow's picture

Wow, that site is hilarious. I'm sure many people have noticed the steady shift in McDonald's advertising to blacks over the last few years, but 365black.com is taking it one strangely overt step further.

But you're wrong, it's not about race. It's about the bottom line, like everything else in our perverted society. McDonald's bottom line is now very simple - only the poor and food illiterate still buy their poison. Just so happens there are a lot of uneducated, poor black people out there. McDonald's realizes where the future American profit stream is.

Fri, 07/08/2011 - 14:41 | 1437560 TheTmfreak
TheTmfreak's picture

Wow. Ok so i read 365black.com and i was concerned about going to it while at work because I didn't know what it was. Really? I mean really?

Go to the ads and watch the videos. Most pathetic nonsense I've EVER seen. This is corporatewhorism on a level I'm not 100% sure I've seen. "Mcdonalds has the best amazing breakfast, we're so cool to do rap songs for mcdonalds breakfast." Then you have this fat guy talking about Mcdonalds giving you the nurishment you need in the morning. The audacity is jaw dropping.

I'll admit, it has to be hard/annoying at keeping one's sanity while being "black" and "aware" in this country. Always getting grouped and pandered together with all other blacks because you're black. "Oh you MUST appreciate what mcdonalds is doing for the black community, you know because you're black. Helpin' out all those (rap/hiphop) artists out there." These are the same people saying to ignore color differences, but pandering hiphop/rap/ghetto/trashy stereotypes. If you're black you MUST be lovin' it.

 

Edit: I just sent my girlfriend the website and her computer at work flagged it as having malware and was suspicious. I tried to convince her that it was a legit site. So I went to the mcdonalds site and sent her the "our websites" which has it listed. Even the computer at work knows its full of shit.

Fri, 07/08/2011 - 16:13 | 1438147 trav7777
trav7777's picture

we got a statue of MLK on the Mall now bigger than the other monuments...is there a 365white?

Open your eyes.  The gov is 365black too...it's been 30 years of this shit

Fri, 07/08/2011 - 16:35 | 1438206 knowless
knowless's picture

so i just applied to mcdonalds cause why the fuck not, the title of their automated reply was "hiring to win", if only they'de just gone balls to the wall with "hiring to win the future"..

Fri, 07/08/2011 - 12:55 | 1437222 spooz
spooz's picture

it seems you have been successfully brainwashed into identifying the enemy as some of the other sheeple.  your vote is secured by the powers that will forever be.

Fri, 07/08/2011 - 13:07 | 1437273 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

MLK Jr was alright, but how about some Fred Hampton statues.  He was the one about to lead a revolution, and the Feds did not even try to hide his assassination.

Fri, 07/08/2011 - 14:04 | 1437472 NumberNone
NumberNone's picture

Just McDonald's little 'shout out' to the black community for exemption from Obamacare..  http://www.cbsnews.com/8301-503544_162-20018918-503544.html 

It's actually a sad fucking day when McDonald jobs are held up as the beacon of opportunity for the black community. Especially when right now this country has a massive gap between employment opps and the talent to fill those jobs.  Seimens has thousands of opening but the labor pool in the US sucks so bad they are having to hire recruiters to scour the US looking for anyone worth a shit.   http://www.ft.com/cms/s/0/e74e5d74-9aad-11e0-bab2-00144feab49a.html 

Right now we need to do 2 things:

1. Fuck every child going to college.  About 50% of them need to be taught a trade in high school.  Right now they graduate with worthless pieces of paper, no desire for college, and are completely unemployable.  Actually they are perfect for McDonalds. 

2. Government needs to quit pouring money into shovel ready bullshit jobs that solve absolutely nothing and start partnering with the industrial companies of this country to open up education centers so that they won't have to go outside the country to fill their welding, pipe-fitting, etc jobs.  Take a look at any of the employment sections of any of the Oil & Gas companies...absolutely desperate for talent.

Fri, 07/08/2011 - 15:21 | 1437865 spooz
spooz's picture

employers used to be willing to train new employees.  now they only accept those already trained for the jobs, and expect them to accept entry level salaries. A commenter on huffpo who works for microsoft says management only sends him h1-b resumes from vendors like infosys for review, he never even sees publically available ones.  He concludes that the game is rigged in favor of the multinationals best interests, bottom line. 

http://www.huffingtonpost.com/2011/06/21/siemens-ceo-there-is-mismatch-jobs-unemployed_n_881257.html

 

Fri, 07/08/2011 - 15:29 | 1437914 TheTmfreak
TheTmfreak's picture

I was going to reply and say the same thing. It is expected that you learn it anywhere but here for every position. (Except government).

While I'm sure the companies are no boy scouts on this, I know government regulations on education has played a huge role in this. The education system has completely consolidated power on who "knows what" and companies have played right into this (or been forced to accept the system).

A few months ago I looked online to find a "trade school" that everybody always talks about. Want to talk about fucking impossible to find a school that teaches crafts. There is no information about this, and getting into those fields seems more like you need to "know people" and be pulled in rather than choosing it as a career.

Fri, 07/08/2011 - 15:43 | 1437984 spooz
spooz's picture

dunno if you checked out the huffpo link, specifically the comments section, but another guy , responding to the first guy I quoted above says

"Many (larger) companies can afford to train people. Actually they do it, but mostly offshore. For the past decade, we've been hearing "we cannot find local talent" (at our terms and age preference­s). Now after a decade, there are few young domestic candidates in the sweet spot of 5+ years experience and about 30 years (let's say) of age, and the prevalence of gray hair is mostly kept in check by hair dye (I'm not joking)." -SoylentGreenisPeople on Huffpo

Fri, 07/08/2011 - 11:35 | 1436841 John Law Lives
John Law Lives's picture

Maybe they should just crank up the Birth/Death Model estimates and claim that many jobs are being created.  The troglodytes on CNBS might believe the numbers.

Fri, 07/08/2011 - 11:35 | 1436845 newworldorder
newworldorder's picture

The present political leadership, including Obama are not capable nor do they desire to enact policies that benefit all citizens.

They have been trained and placed in Congress to manage the country on behalf of the upper 20% of wealthy globalists.

The reasons why this is so, do not matter at this stage.

"We the people" has become an empty slogan. Most Americans do not realize this yet.

Fri, 07/08/2011 - 11:42 | 1436879 explodinghead
explodinghead's picture

20%...try .2%

Fri, 07/08/2011 - 11:52 | 1436940 SheepDog-One
SheepDog-One's picture

Unless you have $50 billion in the bank minimum, youre a peasant to the real .01% elite at the top of the pyramid.

Fri, 07/08/2011 - 11:36 | 1436847 samsara
samsara's picture

"... there is no way in hell the US economy can create a quarter million jobs per month from now for the next 65 months,

as long as... "

You could have stopped there.  The '... As Long As..."  wasn't needed and doesn't matter(whatever you put following it).

It's like saying

'Our National Debt cannot be paid off... As Long As...."

It doesn't matter.  It can't, and it Won't.   Period.  end it there.

 

Fri, 07/08/2011 - 11:36 | 1436850 Yancey Ward
Yancey Ward's picture

Yes, We Can!!  Hope and Change!!  Win the Future!!

 

There I have done my part for the Obama Plan.

Fri, 07/08/2011 - 11:42 | 1436882 Grinder74
Grinder74's picture

Say it again satanic style:

 

Erutuf eht niw!! Egnach dna epoh!! Nac ew sey!!

Fri, 07/08/2011 - 20:07 | 1438747 Overflow-admin
Overflow-admin's picture

"Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn."

Sat, 07/09/2011 - 03:56 | 1439275 William Wics
William Wics's picture

+1 Cthulhu

Fri, 07/08/2011 - 11:55 | 1436908 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

He has a new one:  "Our" Work isn't Done Yet.  Whose work is he talking about, well, I think we know..."R"ockefellers [cough] "R"otheschildes [cough cough].

Fri, 07/08/2011 - 11:38 | 1436852 gwar5
gwar5's picture

Nothing is going to improve until Obama is gone from the White House. I'm surprised America hasn't seen his dog already chained to a tree on the front lawn. Obama doesn't care what the neighbors think. 

Fri, 07/08/2011 - 11:42 | 1436886 Franken_Stein
Franken_Stein's picture

 

When will you ever realize that the president is a mere puppet ?

Ever heard of the Rockefeller family, the Bilderberg Group and the Council on Foreign Relations ?

 

It's totally irrelevant who's sitting in the White House, Democrat ot Republican, because the AGENDA remains the same.

And the agenda is the erection of a corporate fascist One-World-Government and the abolition of nation states.

 

I don't want to live in such a world.

What about you ?

 

Fri, 07/08/2011 - 11:47 | 1436913 Caviar Emptor
Caviar Emptor's picture

They'll vote in a new puppet who'll promise sweeping change. And after 4 years the debt will be even higher because they won;t be able to stomach 30% unemployment

Fri, 07/08/2011 - 11:48 | 1436919 SheepDog-One
SheepDog-One's picture

Obama one of the biggest puppets ever, groomed and CIA mind%$#ed since his 20's by Soros...amazing how people cant see the actual world around them.

Fri, 07/08/2011 - 12:21 | 1437072 karzai_luver
karzai_luver's picture

Do not try to disrupt their HOPE in CHANGE or CHANGE TO HOPE, whatever.

Once you take away the last illusion THEN the real nutballs come

out to play.

Leave them to their belief system even if silly.

 

It beats the hundred mile stare babay, ask how I know.

 

Fri, 07/08/2011 - 12:56 | 1437230 spooz
spooz's picture

The only hope and change I will ever believe will have to be outside the hopelessly corrupted two party system.

Fri, 07/08/2011 - 11:49 | 1436925 trav7777
trav7777's picture

racist!

Fri, 07/08/2011 - 12:23 | 1437078 karzai_luver
karzai_luver's picture

Just for you Lester.

 

Do not try to disrupt their HOPE in CHANGE or CHANGE TO HOPE, whatever.

Once you take away the last illusion THEN the real nutballs come

out to play.

Leave them to their belief system even if silly.

 

It beats the hundred mile stare babay, ask how I know

Fri, 07/08/2011 - 11:37 | 1436853 Johnny Lawrence
Johnny Lawrence's picture

If only the banks were allowed to lose money.........

Fri, 07/08/2011 - 11:39 | 1436854 Caviar Emptor
Caviar Emptor's picture

When the economy hands us lemons: We'll make and sell lemonade to each other!!

Fri, 07/08/2011 - 11:49 | 1436926 youngman
youngman's picture

but the governments will come in and shut you down..no license..no health certificate...you need to pay Workers comp..unemployment ins..healthcare..social security..city,state, federal taxes..CO2 taxes..and on and on

Fri, 07/08/2011 - 11:53 | 1436947 Caviar Emptor
Caviar Emptor's picture

Oh I never said we would do it without a program. Cause otherwise lemon growers would triple the price of lemons overnight

Fri, 07/08/2011 - 11:57 | 1436970 Dr. No
Dr. No's picture

I watch a "cops" or someother program on some channel the other day.  The police were doing a sting operation on some workers trying to solicit a remodeling job to a undercover police officer posing as a home owner.  After a few moments, the police rushed into the kitchen and beat down the two contractors and cuffed them.  A couple of other cops in kevlar had guns drawn covering the other officers.  The sting was intended to break up handyman services who dont have a contractor licence.  At the end, the undercover officer was stating how this is a serious issue and these people need to be stopped.

It was NOT the comedy channel.

Fri, 07/08/2011 - 13:10 | 1437283 spooz
spooz's picture

The license thing, maybe we want that to keep citizens employed over illegals. Healthcare should be universal, small businesses should not have to worry about that.  Small businesses should be exempt from a lot of the red tape that too big corporations are forced to deal with. All tax loopholes and subsidies should be eliminated.  These are desperate times and we need to make changes that will actually have a chance of improving the unemployment picture, and that means making small businesses more competitive. Any remaining subsidies should go to them, the job creaters.  Also, multinationals that book most of their income overseas should have to pay import taxes to sell to our consumers.

Fri, 07/08/2011 - 15:09 | 1437787 pitbull pappa
pitbull pappa's picture

Until the FDA comes and shuts down all of the illegal lemonade stands that didn't get permits.

 

 

Fri, 07/08/2011 - 11:39 | 1436864 SheepDog-One
SheepDog-One's picture

They built and sailed the largest and most unsinkable ship ever with all hands and resources onboard, the TARPtanic....now that its hit an iceberg and going down fast, they cant wish for a do-over.

Fri, 07/08/2011 - 11:40 | 1436865 JLee2027
JLee2027's picture

"...wealth creation through labor."

What a barbaric concept! Wealth creation through labor, indeed. Humbug. Where is my damn bonus check? Who can I sue for money? Are my food stamps here yet? Now, that is modern day thinking. 

 

Fri, 07/08/2011 - 11:41 | 1436876 SheepDog-One
SheepDog-One's picture

Nope, and looks like mom and pops social security checks are cut in half as well, states cutting food stamps in half, unemployment well ran dry...looks like tough sailing dead ahead folks.

Fri, 07/08/2011 - 11:42 | 1436885 Caviar Emptor
Caviar Emptor's picture

Ben hiring a few workers at the money tree grove

Fri, 07/08/2011 - 11:39 | 1436867 Cow
Cow's picture

Obama is working through the weekend.  What else can you expect?

Fri, 07/08/2011 - 11:40 | 1436871 papaswamp
papaswamp's picture

McNasty's on every corner....that will solve everything.

Fri, 07/08/2011 - 11:50 | 1436929 trav7777
trav7777's picture

365black.com

This is the new face of McDonalds.  Doesn't look like you?  Then STFU

Fri, 07/08/2011 - 12:02 | 1437007 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

And what a great opportunity!  To work low paying jobs at fast food slop houses.  Everyone should want to work there.

Fri, 07/08/2011 - 12:23 | 1437081 Ricky Bobby
Ricky Bobby's picture

What about preferential treamtment for franchise application including special loan programs and other incentives for the chosen groups.

Fri, 07/08/2011 - 12:52 | 1437210 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Which chosen groups?  The franchise owners who, thanks to Obama, do not have to pay health benefits?  Or the workers, because I have not heard of the workers getting any special treatment.

Fri, 07/08/2011 - 19:36 | 1438678 trav7777
trav7777's picture

Ricky knows what's up...the government is 365black and even NASA is in "crisis" because they are not 365 black.  They're like 0black and that is a CRISIS.

Fri, 07/08/2011 - 11:42 | 1436884 GlassHammer
GlassHammer's picture

So can I assume the number of those on foodstamps just increased?

 

Fri, 07/08/2011 - 11:44 | 1436890 Caviar Emptor
Caviar Emptor's picture

Lemonade stamps

Fri, 07/08/2011 - 12:53 | 1437218 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Purple drank stamps.

Fri, 07/08/2011 - 11:46 | 1436902 John Law Lives
John Law Lives's picture

Look how much it has increased in the last 5 years.  It moved from 26+ million to 44.6+ million.  It is astonishing.

http://frac.org/wp-content/uploads/2011/03/snapdata2011_april.pdf

 

Fri, 07/08/2011 - 11:46 | 1436904 SheepDog-One
SheepDog-One's picture

Yes while states are cutting food stamps in half. Its all goin down people, better get prepared best you can and stop dreaming about the endless free money wave.

Fri, 07/08/2011 - 11:45 | 1436901 youngman
youngman's picture

How Ironic..I just watched the last Shuttle liftoff...the last...we are no longer the leaders in space exploration...Russia is.....at the same time we see our country losing jobs...the death of America..is here...we are living it as we twitter....sad but true

Fri, 07/08/2011 - 12:25 | 1437087 Ricky Bobby
Ricky Bobby's picture

I had the same feelings. To think I was once proud to be an American.

Fri, 07/08/2011 - 12:56 | 1437206 RKDS
RKDS's picture

I'm still proud to be an American no matter how much more I hate posers who pretend to be one.  We may not have a space program or lead the world in much of anything anymore, but at least money-shufflers and sports teams are doing great.

Fri, 07/08/2011 - 12:28 | 1437098 karzai_luver
karzai_luver's picture

shuttle was a sign of massive boondoggle. The amount of money wasted

was unreal . Only a nation on drugs or a mil cock jockey would ever

have put forward such a wastefull failure of a program.

It was one of many signs of a nation gone nuts.

Fri, 07/08/2011 - 12:59 | 1437239 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Bureaucracy wastes money, plain and simple.  NASA was a front operation- it was started by Nazis, hence the name NASA/NAZA/NAZI.  Yet, the program did improve technology.  Was this an improvement for humanity?  Probably not, but it is fun having info at your fingertips.

Sat, 07/09/2011 - 04:25 | 1439281 William Wics
William Wics's picture

Oh please.

NACA becase NASA after Sputnik 1, so unless the U.S. government was anticipating the Nationalsozialismus in 1915 that would a pretty amazing coincidence.

 

http://en.wikipedia.org/wiki/NACA

 

Of couse, who knows. Maybe the rise of Hitler was planned by the Illuminati way back then, and they though it would be a good idea to name their aircraft research organization with an acronym that they could conveniently alter by a single letter after they brought the German rocket scientists to the states 30+ years later. God knows that having to change more than one letter would have been near impossible so they had to chose the name carefully from the start. Damn they sure know how to plan.

 

This board used to seem smarter.

 

Fri, 07/08/2011 - 11:46 | 1436903 jack stephan
jack stephan's picture

My spider sense is tingling, get ready for the ride of your life soon.

"When the levee breaks crying wont help you, praying wont do you no good."

Fri, 07/08/2011 - 11:56 | 1436957 TruthInSunshine
TruthInSunshine's picture
YouTube - when the levee breaks/led zeppelin

If it keeps on rainin', levee's goin' to break, [X2]
When The Levee Breaks I'll have no place to stay.

Mean old levee taught me to weep and moan, [X2]
Got what it takes to make a mountain man leave his home,
Oh, well, oh, well, oh, well.

Don't it make you feel bad
When you're tryin' to find your way home,
You don't know which way to go?
If you're goin' down South
They got no work to do,
If you don't know about Chicago.

Cryin' won't help you, prayin' won't do you no good,
Now, cryin' won't help you, prayin' won't do you no good,
When the levee breaks, mama, you got to move.

All last night sat on the levee and moaned, [X2]
Thinkin' about me baby and my happy home.
Going, going to Chicago... Going to Chicago... Sorry but I can't take you...
Going down... going down now... going down....

Fri, 07/08/2011 - 11:49 | 1436909 trampstamp
trampstamp's picture

Isn't he doing what he was suppose to do... shrink the goverment? When you shrink the goverment of course you will have job loss. What am I missing? I'm not an economist, but if goverment jobs are the leading indicator in these poor NFP numbers and ADP numbers are higher, this means these goverment jobs are contracting and private jobs are increasing?

Fri, 07/08/2011 - 11:50 | 1436930 Caviar Emptor
Caviar Emptor's picture

Trouble is, when you've been bloating dependency on government for 40 years, and then you "shrink it", half the economy tanks. You and most Americans have been sold a total lie: that anyone at anytime in the last 4 decades "shrank" the government. 

Fri, 07/08/2011 - 11:46 | 1436911 sudzee
Fri, 07/08/2011 - 11:47 | 1436915 What_Me_Worry
What_Me_Worry's picture

Month 1- Hire 254,000 to dig a giant hole

Month 2- Hire 254,000 to fill in that hole

Month 3- ???

Month 4- Profit

Fri, 07/08/2011 - 11:48 | 1436924 SheepDog-One
SheepDog-One's picture

Always love any Underpants Gnome themed post.

Fri, 07/08/2011 - 11:52 | 1436946 John Law Lives
Fri, 07/08/2011 - 11:48 | 1436920 williambanzai7
williambanzai7's picture

Do NOT follow this link or you will be banned from the site!