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If You Believe In The Recovery, Do Not Look At This Chart
Just a few moar years of unlimited open-ended quantitative money printing and we are sure this will all be fixed...
via @Not_Jim_Cramer
Of course it does beg the question Rick Santelli asked...
"[What the Fed minutes said] is, listen, we have to wait for bigger confirmation that the economy is doing better; and for that, we're going to look at the employment side. [At the same time] we have the fewest people working that can work in 30 years, and all-time-record-high profits for corporations. Now, does that strategy sound rational to you?" It seems, now that Bernanke has seemingly promised that it will really never end, that Santelli's question will become increasingly critical in this country.
How does this end?
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everthing is so fuckeddd....
buy anything not nailed down.
That damn Tea Party caused this....didn't they?
No George Bush did. He doesn't like the Tea Party either.
tea party is just part of the control system. exhibit A, Ted Cruz' wife is a goldman sachs exec. need i say more?
these charts are incredibly misleading
first, they neglect to show the numbers of computers and robots that companies have been employing
these numbers have skyrocketed
also, they neglect to show the number of human employees who happen to be located offshoer
when you take these factors into account, you will see that 'employment' (when measured properly) has never been higher
hugs,
erica
Recovery, don't look
Layoff / Business Closing List
http://www.dailyjobcuts.com
,
You can blame Billy Clinton mor than Bush. Fuck you Clinton! You destroyed US!
But, but, but...he ran a SURPLUS!!!11!!!1!eleventy!!1!
"You can blame Billy Clinton mor than Bush. Fuck you Clinton! You destroyed US!"
Only one republican in the Senate, Shelby, voted against dismantling Glass Steagall. Bush's SEC gave leverage waivers to the investment banks. They all crashed in 2008.
Clinton certainly does deserve blame, but take off the blinders.
Then why were Dems unable to bring back G-S when they controlled both legislative branches as well as the white house? This isn't a problem of differing views of the main parties. It's a problem of majority agreement to continue with corruption.
For anyone wondering, corporate profits are at all time highs because they're cutting capex because they don't know what crazy emergency legislation might come next, and they don't want to be half way through some expensive project only to suddenly find it's been buggered up by the O team.
Sarcasm is a dish best served cold.
As a result of the American Recovery and Reinvestment Act passed by Congress in February 2009, many unemployed people can receive up to 99 weeks of unemployment benefits; this may depend on State legislation. Before the passage of the American Recovery and Reinvestment Act, the maximum number of weeks allowed was 26 weeks.
If you pay people to not work, they won't work.
That's fantastic... I wasn't aware. She also worked for Condi Rice. It's interesting to hear the media press the "the most divided the country has ever been" meme... such molding. Remarkable to witness.
Indeed, the most ruled, too.
http://en.wikipedia.org/wiki/Divide_and_rule
"She also worked for Condi Rice". for the US Security Advisor which wasn't fired although on her "watch" 9/11 happened or on the Chevron supertanker called "Condoleeza Rice"?
Obama would be able to do a much better job if there wouldn't be any other parties besides his and when he gets his 3rd term! And 4th and 5th!
That damn Tea Party caused this....didn't they?
if you are a citizen of the united states, and you want to know who to blame, look in a mirror...
37 WEEKS...
I feel a movie script comming up... where braindead "people" roam the streets without any real goal but to feed themselves...
I've already got a title for the sequel: "Social Security Disability"
@Sudden Debt
Hmmm. I'm thinking that the Hollywood types can turn this into a romantic comedy. Coming to a theater near you, "37 Weeks," a light-hearted romantic comedy. Justin can't find a job and he can't find a woman. But his helicopter divorcee' mom has just the right plan to get him out of her basement: she's taking a night time job as a pole dancer to scrounge up some extra cash and find a girlfriend for Justin. But will her co-worker, Ambrosia, be head-over-heels for Justin? Laughs a plenty as this hottie bisexual whore finally deflowers Justin, but really has eyes for his hot-as-fresh-pancakes pole-dancing Mom...Who's gonna end up with Ambrosia? Find out this December, in a new twist on a Christmas classic....
Awesome. You have a bright future producing shit movies!
You have a gift.
If I were a bankster rolling in fiat I would bankroll that movie Cursive. It has that "Instant Cult Classic" sound to it.
Cursive's casting couch is ready to go.
You mean real life walking dead?
"37 WEEKS...I feel a movie script comming up... where braindead "people" roam the streets without any real goal but to feed themselves..."
Which begins in 10 days when the Food Stamp Cuts take effect (Nov 1, 2013). I fear your movie will not be a fictious horror film, but a documentary!
As long as it's a useful commodity, buy it. This stock ramp scam is to convince people what they need is paper.
What about my investment in tulip bulbs?
They should hit their peak sometime in the spring.
This pretty well describes our situation!
++++++++++++++++++++++++++
http://youtu.be/gIcqb9hHQ3E
Limp Dick Dictator
"But this time is different." - Ben Bernanke Janet Yellen
picturing a bald, unshaven janet yellen...
Can't y'all see that Yellen is Bernanke in a wig with a little shin-reduction surgery thrown in?
No.
By which you meant Nooooooo!, presumably.
Close?
http://fotos.starmedia.com/imagenes/2012/07/janet-napolitano-indocumentados.jpg
'...and my balls are THIS big!'
Once this chart reverts to the mean 15 week duration, then we might get a real "recovery", certainly not before.
It ends...with every nation on the planet Earth selling US treasuries.
Yeah but King-Krug said that won't matter... So we'll all be fine...
Oh wait... Who?!
how does it end? collapse, confiscation, global governance.
I'd like to know what percentage of American debt is actually held by other countries. If the the Fed owns the entire market, then who gives a shit, just get the fuck away from FRNs.
$5.588 / $18Tr = ~30%, http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt
Of course this does not include unfunded future liabilities...
Had no idea that Brazil had such a large share.
I note that even Ireland holds 117bn. that's quite a feat, for such a small country (pop of 4.5m). and it's an increase from last year's 91.8bn
per (Irish) head, that's cool 26'000 bucks, and the Y/Y increase of 25.2bn is, again per head, 5'600 USDs
now you know how & why the Irish bailouts a few years back.
spread the paper (pain) baby, quid pro quo style.
Say that in a mirror three times and Landotfree shows up
so what if they do? they have to be paid off in frn. so the federal reserve just batter whips up a couple hundred decimal places and pays them. woohoo. and when they try to buy commodities with the frn, you might think the price would go up, but woo,hoo, whip up a couple hundred decimal places and short the piss out of the market, same for gold, grain, all commodities.
the selling of our treasuries will not do anything, and the t-bill holders are selling, just not all at once. and are buying gold, and properties, etc. it is in their best interest for the charade to go on.
maybe krugman is right
"It ends...with every nation on the planet Earth selling US treasuries."
Them are fighting words and good enough for the elite to start a major war.
You can safely say that the current downtrend shown on the chart , is government fudging tactics at work.
Who needs jobs when you can mint profits?
I'm looking today at "King dollar" making fresh new lows. It now becomes a matter of when and not if Yellen will print moar QE ...
I see no problem here afterall corporations are people too.
I looked at both charts and now I'm blind, so. I guess I can go back to believing in recovery, like the rest of the blinded sheep.
Rice and beans for all
Bean.
Where's my toobaggin? I'm ready for the big slidddeee!!!!! Whooooopppeeeee!!!!!!!
Chicken Noodle Tuesday
I always wanted to work for The Company Store. Sounds nice.
its been trending down since 40 weeks!
Eventually when the people cannot afford the products the Corporations sell we will see the Corporation profits plundge.
Eventually when the people cannot afford the products the Corporations sell we will see the Corporation profits plundge.
Bullshit. That's what Africa is for when things made in China become too expensive. Why do you think China has taken over that Continent for? To be closer to the raw materials and build infrastructure and relationships so when they are not the main manufacturing slave to the U.S. they still have their hands in the supply chain.
Follow the money around the world people.
Short squeeze. Period. End of story.
Take a look at this chart. Look at all the top line revenue misses to date. I guess none of that matters when you own the worlds supply of toner and green ink!
U.S./Canada daily earnings hits & misses Oct 22-0900 ET | Reuters
It is funny that the Real Marxists are running the Banks and the Corporations. They have conformed to his thesis and proven it. This is precisely where Europe was headed after 1919 with the US as the largest creditor nation sitting on gold imports from bankrupt Europe........and generating a Florida property boomon excess liquidity with ad hoc recycling through Dawes and Young Plan.............and scenario made more systematic after 1947 with Marshall Aid...............now the Income Distribution is so skewed towards Untaxed Corporate Profits supported by Household Debt needed to fund State Taxation at a time of stagnant incomes that we are back on track in the Marxian Commoditisation, Under-Consumption Model made possible by expanding Credit Cycles
every dollar they create is a slap in the face to anyone who does an honest days work. it cheapens it and makes it foolish, makes the having of it useless because there is no where to invest it. every dollar they create makes the mal-investment of capital more dangerous. the little circle of primary banks and their cronies are the only winners.
meanwhile, out on main street its is becoming feral mean street, the people with higher paying jobs working for large corporations seem to be doing okay, and some of the contractors are busy. every weekend the shopping centers are jam packed and the ghetto has late model bmw's and mercedes parked everywhere.
at some point, the t-bills will get hit, but nobody knows when, and even if they did the fed could buy them all, they need not tell anyone, they have been so forthright in the past.
gold would be the answer if the created money were being circulated. but very little of it is finding its way into main st.
they could keep this going for decades, and probably will.
"every dollar they create is a slap in the face to anyone who does an honest days work"
Don't worry, according to the chart, not that many people are getting slapped.
With regard to the fine vehicles in the ghetto...
I am always astounded when I leave the local store after watching most of the shopper's swiping their EBT cards - and in the parking lot I find they are all driving far nicer vehicles than I. Mine has been paid for...for years.
But, wow...just wow.
10s are down almost 3% in yield and you have the ES up just under .4%. What a fucking joke. You have usd trading @ January 2013 lows and the usd/jpy trading on the 98.40 handle. (bigger fucking joke)
Look for moment at the trendline since the '50's. Every decade shows increases in the time that when one finds himself unemployed they stay unemployed.
That's worker productivity (means you who still have jobs get double and triple duty with no more pay) and SKYNET (robots, computers, automation).
That isn't about to change anytime soon. In fact, as miniaturization of tech acelerates and becomes still cheaper.....you will be ASTONISHED at how many jobs will go bye-bye due to robotic and computer driven automation.
But hey.......profits will NEVER have been better than what they will be in the future. For the Lords of the land.
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We deal with Zombies everyday in this fucked up country. From politicians to Banksters and the public at large.
Fuck off troll.
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Fuckoff TROLL! (spammer)
Woohoo...20 hr work week, here we come.
lol, everybody now wants to copycat the french.
Next you'll be making 300 types of cheeses and growing wine like in the UK !
If you believe in discovery DO look at this chart.
Goodbye U$D, hello Inflation:
http://finviz.com/futures_charts.ashx?t=DX&p=w1
The true extent of slowdown in the world economy can be judged by the data points which are not subjected to adjustments by the government. Eg. Change in Electricity and Fuel consumption, Ratio of working population to the total population of a country, Miles driven, Baltic Dry Index, Change in commercial Rental Rates etc
Stock markets are touching new highs because the stock, bond, commodity and currency exchanges have been reduced to gambling dens whereby the more powerful traders with deep pockets move the markets to maximize their own profits at the expense of the remaining not so powerful players. The big boys have enormous money power to move the markets in the direction which results in maximum profits for themselves. They effectively use the media to lure the other players in the market to a position where they would incur maximum loss.
The markets continue to rise till all short positions in the market are covered and the majority of traders move to the long side. Once this is done the market falls till all long positions are closed and short positions undertaken. Then rinse and repeat. The price mechanism has little to do with the actual demand, supply, fundamentals or state of the economy.
http://www.marketoracle.co.uk/Article40231.html
Surely one could get a job at the BLS as a graphic artist, provided that you can work with fudge as a medium...
and don't look at the S&P 500 either...
You say you want a revolution
Well, you know
We all want to change the world
You tell me that it's evolution
Well, you know
We all want to change the world
But when you talk about destruction
Don't you know that you can count me out
Don't you know it's gonna be all right?
All right, all right
You say you got a real solution
Well, you know
We'd all love to see the plan
You ask me for a contribution
Well, you know
We're all doing what we can
But if you want money
For people with minds that hate
All I can tell is brother you have to wait
Don't you know it's gonna be all right?
All right, all right
You say you'll change the constitution
Well, you know
We all want to change your head
You tell me it's the institution
Well, you know
You better free you mind instead
But if you go carrying pictures of chairman Mao
You ain't going to make it with anyone anyhow
Don't you know it's gonna be all right?
All right, all right
All right, all right, all right
All right, all right, all right
All right, all right!
"Won't Get Fooled Again"
We'll be fighting in the streets
With our children at our feet
And the morals that they worship will be gone
And the men who spurred us on
Sit in judgement of all wrong
They decide and the shotgun sings the song
I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray
We don't get fooled again
The change, it had to come
We knew it all along
We were liberated from the fold, that's all
And the world looks just the same
And history ain't changed
'Cause the banners, they are flown in the next war
I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray
We don't get fooled again
No, no!
I'll move myself and my family aside
If we happen to be left half alive
I'll get all my papers and smile at the sky
Though I know that the hypnotized never lie
Do ya?
There's nothing in the streets
Looks any different to me
And the slogans are replaced, by-the-bye
And the party on the left
Are now the party on the right
And the beards have all grown longer overnight
I'll tip my hat to the new constitution
Take a bow for the new revolution
Smile and grin at the change all around
Pick up my guitar and play
Just like yesterday
Then I'll get on my knees and pray
We don't get fooled again
Don't get fooled again
No, no!
Yeaaaaaaaaaaaaaaaaaaaaaaaaah!
Meet the new boss
Same as the old boss
Incentive for status quo is powerful.
Pros: Profits up, low interest rates, moar free money for bankers, more unemployed people to beg for largess from government and vote to keep the system afloat.
Cons: Chinese threaten to "de-Americanize" the world, whatever that means.
My money is on the status quo continuing for years.
maybe more appropriate
Ring around the rosyPocket full of posies
Ashes, ashes
We all fall down
The Fed's end game is to crush the currency. Where entitlements mean nothing if there 1/10 of what they were.
But the is time is Different of course .....Buy, buy buy More stocks ....LOL hahahahaha
If you are waiting for this country to go bankrupt, you will be waiting a long time. They can print money at will. How can one go bankrupt when this is the case?
You say people will sell T-Bills? For what? What rivals the dollar today by way of currency? Nothing. As long as the dollar buys energy, it will be untouched as the world's reserve currency. As long as we have a willing military with no inhibitions about killing for ANY reason, our currency will buy energy. There is no stopping it.
What it will take is a time when bread is $150 a loaf and there are no wages to pay for it. Sure there will be EBT that will pay for it because that is funded by the unlimited printing presses of the Fed. The private sector is being squeezed big time. Not enough apparently to do anything about it......yet. The day will come when they will and THAT will bring about any real change.
This money policy can go on forever as long as it doesn't leave behind a very important group......the providers. Problem is, the providers are the independent minded enemies of those who run this monetary policy and NWO. They have to destroy the providers and have chosen to do so by pricing them out of the market.....any market. Pretty soon the only way you afford anything (house, car, food, business, labor, healthcare, etc.) is by gov kick backs. That puts you on the tit and makes you a taker instead of a provider. Now you have to keep your mouth shut because you benefit from the system you hate.
Vicious, isn't it? What are you going to do about it? I figure most will hold to, "better red than dead", or "if you can't beat them.....". So where does that leave us? Falling into the slavery abyss that the world has always been. And all this hero worship for those who are supposedly "fighting for our freedom and liberty" a big joke that is played on us everyday.
Makes me laugh just about as much as Lincoln being our greatest president does.
This will continue until the government runs out of other people's money?
If you believe this bullshit, you can. This will continue until consumers run out of money to support the rich.
the fact is, they are not using other peoples money. they just create new money.
Not when Nations are moving away from the FRN.
Not when China (our landlords) say do de-Americanize paper finnancial instruments.
Handwritingis still on the wall, bi lateral trade agreements are almost every week.
I hope that people look at these charts and forget such myths and untruths as the Laffter Curve(reducing taxes will increase employment) and that tax incentives create more jobs: the relationship between taxation and job creation is coincidental, other factors are by far more important.
What are all these corporate profits anyway? Counterfeit digital money created by the fed & banks on a computer/
So what are those ending up with all these profits going to buy? Are there any more Lamborghinis, suits, dress shoes, jewellery,
hamburgers, cokes, fries, toilet paper being produced? By whom? Who's feeding them? Oh I know. Stocks & bonds & derivatives.
Counterfeit digital money only has a meaning only if there is something usaeful to buy. Stocks, bonds & derivatives aren't worth anything unless they can be exchanged for counterfeit digital money, which isn't worth anything unless it can be exchanged for something useful which has to be produced by somebody, who has to be fed, clothed, housed, transported, treated when sick, etc.
Oh I know . They're going to save all the counterfeit, digital profits for retirement when they get old. So what are they going to buy then? Who's going to produce it? Who's going to feed the producers? I got a clue for you. It ain't going to be the unemployed's children. Oh I know. They'll just buy more stocks, bonds & derivatives. But you can't eat stocks, bonds or derivatives. Or wear them, or ride around in them. SABT
WTF.