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Spot The "It's All The Weather's Fault" Lie
December and January saw dismal job gains based on the NFP data... but as we now know, thanks to Zandi and Liesman, that we should ignore it because it's all about the weather. So, confused, we looked at the number of employed people who are "not working due to weather" (thank you for the convenient series BLS) to gauge the significance of the impact... it appears, from the chart below, that more people were out of work due to weather in 2008, 2009, 2010, 2011, and 2012...?
Paging Dr. Zandi?
Though of course, as Steve Liesman noted this morning, this doesn't matter since "jobs are not critical for growth."
Charts: Bloomberg
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-7 in Colorado! Off to work!
2nd City has been subzero for weeks and the docile slaves still march in unison to their jobs everyday.
Steve Liesman is a one trick pony. That trick is to be loud ignorate mouthpiece for the king.
Who are you going to believe? The regime's propagandists or your lying eyes?
Forward (over the cliff in free fall)!
The Depraved Indifference:
http://americandictators.blogspot.com/2014/02/mike-vanderboegh-exposes-m...
-40 in Minsk, off to work in copper mine.
Boris is apologies, must translate Centigrade to Farenheit for Amerikanski readership...
-40°C
Is multiply 9...
divide 5...
add 32...
-40°F
Wait until next month..
Yeah, Liesman will stop talking shit.
Look on the bright side Boris; the mine may be as dangerous and as dirty as hell, but at least it's warm!
Earth's geothermal energy bitchez!
That link is such BS it is hard to read.
This is all lies-man has left. He'll fit perfect with the new 'chair' making sure he gets the 1st question.
They're all desperate fuks.
Zandi would just cite the participation rate and say,
"so few remain in the workforce that even though - on an absolute basis - the figure for january is relatively low, on a percentage basis of the remaining few workers, it is high!"
problem solved.
/s
Future employment in Amerika...
Is cold, rainy, has it sniffle in nose, so guy is not show up for work, unemployment in region is double. Blame on weather, adjust for seasonality, and... tada, economy is full recovery!
Perhaps it is the weather. Then again, maybe it isn't. Who died and made me boss? Bitches.
Zandi's such a tool....
Intelligence is not critical for speaking
And for CNBS, news is not critical for reporting; nor is viewership critical for broadcasting.
Not when its corp parent views the "news" as part of its behavioral economics investment.
I thought I was the only Arkansan who read ZH. Where are you in the state, Angie? I'm in Izard County, near the White River.
What lake did you capsize your boat in?
I'm in Fayetteville
I do have contacts in Izard.
I imagine we might know a person or two in common
I'm waiting on a break in the weather to go to cotter
See! You heard it here, confirmation that it is in fact "the weather's fault!"
Weather is definitely taking a toll on my local economy. Might see some going out of business sales because of it. Some rural kids have missed over 20 days of school this year.
They closed the schools here today but my ass is at work.
Hope you are not need to defecate at home, because is very hard for sitting on toilet with ass in alternative location.
Multitasking is more of an art.
And don't forget the rise in construction by 48000.
The industry most likely to be affected by...........
The only thing that is important for economic growth is financial creativity
Mama's gonna make all of your
Nightmares come true
Mama's gonna put all of her fears into you
Mama's gonna keep you right here
Under her wing
she won't let you fly but she might let you sing
Mama will keep baby cosy and warm
Ooooh Babe Ooooh Babe Ooooh Babe
Of course Mama's gonna help build the wall
Pink Floyd - The Wall
So ya.....thought ya......might like to........go to the show......
To feel the warm thrill of confusion........Liesman's space cadet glow.....
Is got some bad news for your sunshine,
Pete not is well,
Stay back at hotel,
They are send us along,
As surrogate band,
Tonight we are find out where you stand...
Are there any CNBC assclowns in the theatre tonight........get em up against the wall!
That one is look Jewish!
And that one is coon!
Who is let this riff-raff into room?
I got elastic bands keepin my shoes on.
Got those swollen hand blues.
Got thirteen channels of shit on the T.V. to choose from.
I've got electric light.
And I've got second sight.
And amazing powers of observation.
And that is how I know
When I try to get through
On the telephone to you
There'll be nobody home.
I've got the obligatory Hendrix perm.
And the inevitable pinhole burns
All down the front of my favorite satin shirt.
I've got nicotine stains on my fingers.
I've got a silver spoon on a chain.
I've got a grand piano to prop up my mortal remains.
I got wild staring eye and strong will for survive!
OH NO FOR BITCOIN!! Fonestar where are you??
http://btcjournal.com/content/history-being-made-bitcoins-first-bankrung...
Ya... Not looking good for people who hold cash at MtGox. I anticipate CNBC having a field day with it if we break below 100 DMA in SPX. People in the space have known about MtGox weakness for a couple of moths now. Glad to see its flushing out right now. Also doesn't help that Russia has banned it.
http://rt.com/business/bitcoin-russia-use-ban-942/#.UvRoVKnNj3I.twitter
The rebound we've seen indicates strength to me as BTC has weathered 5 major crashes and not only rebounded but exceeded the high water mark. Time to scoop up some coin at a 12.5% discount to yesterday.
when you are a fat, incompetent sack of shit, lying is a good way to go. much easier to just make shit up then actually do the research.
You left out that they never think that people are going to look at the real numbers and see they are full of shit.
Either exceptionally stupid or wildly arrogant of them.
Fat, drunk and stupid is no way to go through life son
http://www.youtube.com/watch?v=u1hnwvWhbJw&feature=youtu.be&t=20s
HEHE
Nicotine is the strongest drug known to man......
Desperation (in keeping the status quo going) is the strongest emotion known to man.....
underestimate a desperate central bank at your own peril.....
I hope they're desperate.
I'm not sure they are.
I hope their liquidty canon blows up in their insolvent faces
Time my good friend, time.....
volume on the SPY is already 50MM and were not even 40 min into the session which as gone up 20 and down 20pts in minutes.....
"underestimate a desperate central bank at your own peril....."
Poor Ukranians aren't used to this game.
They learn quickly! those Ukrainians.......
Much like the book I just finished, 12 years as a slave (btw....MUST read the book as the movie renders you clueless most of the time).
People don't steal, rob or hurt others for fun (ok, some do, Ben Bernake) but most humans do it OUT OF NECESSITY.
Im hungry....hence I need to steal, borrow or beg for food. Not because im bored.
Necessity is what drives us.....
CNBS : keeping the sheep in the shallow end of the pool since inception.
I thought they keep them at the deep end because it's easier to drown them there.
Because i am an amateur economic climate change scientist, even i can say with great precision by merely casting a glance sideways looking to the Baltic Dry Index that CO2 emissions are falling and this in turn causes polar vortex's and the like.
It seems your sarcasm is going over the heads of most of the readers of ZH.
Nevertheless, keep it up!
What is the excuse going to be three months from now? It was just too nice outside so people didn't want to work.
is there a liesman montage yet?
Its called Obamacare..that is the problem....and its going to get worse as the costs are finally figured out...by both the individual..and the government...and they are going to be high..and going higher
BLAME IT ON THE RAIN...that was falling, falling....MILLI-VANILLI
Put that cocksucker (no offense to cocksmokers mind you) Liesman on CNBSuck with a dread-lock wig.......HE CAN SING MILLI-VANILLI....
IT'S ALL FUCKING FAKE ANYWAY
Liesman's job is not critical for growth.
So jobs were down because of the weather yet there is a big spike in construction jobs?
wrong on SO many levels
"jobs are not critical for growth."
Finally, some truth.
upstate NY has been playing the Arctic this winter, negative temps most days, negativer with the wind chill and yet myself and my fellow wage slaves seem to find our way to the sweatshop every day...
perhaps I shouldn't?
does the federal government have some kind of temperature or weather related benefit program of which I am unaware?
winter disability maybe?
and if there is can it be expanded to a year round "tornado, thunderstorm,heatwave, hurricane, volcanic eruption, drought, sinkhole, mass animal die off, Fukushima radiation, smog, intense cloud cover, high UV exposure depleted ozone, X class solar flare CME geomagnetic storm, rough sea warning, or just generally shitty weather" disability program?
plastic, green, central planning GMO shoots FRB recovery for everyone.
winning.
I believe I would be emabarassed to state such an idiotic response. Aparently pride has very little to do with projections these days?
They are saving the weather excuse for Jan and Feb reports.
As a practising amateur economic climate psychiatrist, i can say with great precision that people WILL fall for it.
The reason for this is simple.
People like to talk about the weather unto exhaustion. Talking about the weather is organically hard wired, even into the prematurely born.
It worked for the environment problem and herbicide and pesticide can be sprayed with abandon now that Carbon Dioxide is the most important chemical in the weather abstracted brain of the contemporary 99% Not ZH's though who are elite, that i have observed.
So it will also work for hiding economic problems.
TheGoldMyth
The only thing weather-related is those BLS figures being a snow job...