• Sprott Money
    05/05/2016 - 06:02
    Why is a Deutsche Bank mouthpiece suggesting “negative retail deposit rates or perhaps wealth taxes”? The answer is to (supposedly) stimulate our economies.

Initial Claims Surge Again, Far Worse Than Consensus As Prior Revised Higher As Usual

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Thu, 09/08/2011 - 08:51 | 1645551 dwdollar
dwdollar's picture

So that's why markets rallied hard...  Very predictive of them.  Oh wait...

Thu, 09/08/2011 - 08:57 | 1645583 oobrien
oobrien's picture

I have a very large cock.

Just sayin'.

http://geraldcelente.proboards.com

Thu, 09/08/2011 - 09:02 | 1645608 fuu
fuu's picture
99 weeks ago today was  10/15/2009
Thu, 09/08/2011 - 09:33 | 1645729 Bob
Bob's picture

Thanks for the continuing tallies, fuu. 

Thu, 09/08/2011 - 09:55 | 1645817 spiral_eyes
spiral_eyes's picture

bullish for ETFs, bitchez.

Thu, 09/08/2011 - 09:04 | 1645623 dwdollar
dwdollar's picture

I admire your persistence.

Thu, 09/08/2011 - 09:25 | 1645695 DosZap
DosZap's picture

oobrien.@

I have a very large cock.

Bet the neighbors are pissed at that SOB crowing every frigging morning like Obama.

 

Thu, 09/08/2011 - 13:05 | 1646697 Zap Brannigan
Zap Brannigan's picture

Yeah no kidding huh? I'm short the S&P and I'm going to have an aneurysm watching it. I WOULD think that since the markets are going along swimmingly that the Fed couldn't possibly enact some kind of easing, but as you said...

Thu, 09/08/2011 - 08:51 | 1645553 DefiantSurf
DefiantSurf's picture

Perfect backdrop for the POTUS not jobs speech

 

Thu, 09/08/2011 - 08:56 | 1645570 SheepDog-One
SheepDog-One's picture

Yea but tonite he gonna dip into his stash and give out jobs yo!

Thu, 09/08/2011 - 09:07 | 1645633 Cdad
Cdad's picture

Agreed...and again, this speech as a catalyst for equities [rising as credit burns] clearly indicates the bankrupt nature of Wall Street.  Scraping the bottom of the barrel for catalysts, aren't we?

Good grief.

 

Thu, 09/08/2011 - 09:30 | 1645710 CrashisOptimistic
CrashisOptimistic's picture

Obama has no intention at all of the 300B proposal being approved.

If it was approved, the debt ceiling would not last til election day.

Thu, 09/08/2011 - 11:51 | 1646403 ElvisDog
ElvisDog's picture

I agree. It's nothing but a ridiculous political maneuver so he can tell us over and over again how he would have created or saved 2 million jobs had the mean-spirited Republicans only passed his innovative jobs bill. Oh, and the words "cops, firefighters, and teachers" will be said over and over and over.

Thu, 09/08/2011 - 09:10 | 1645643 Anonymouse
Anonymouse's picture

Gonna hand out some Obama Money!

Thu, 09/08/2011 - 09:12 | 1645651 Long-John-Silver
Long-John-Silver's picture

$300 billion for 30 minimum wage jobs, Woo Hoo!

Thu, 09/08/2011 - 09:32 | 1645720 DosZap
DosZap's picture

 

 Long-John-Silver

Hey dude, that's std GOVT jobs creation...................................look at what they get paid to destroy the nation.

Thu, 09/08/2011 - 08:59 | 1645593 ZippyDooDah
ZippyDooDah's picture

IMPOTUS, more like.

Thu, 09/08/2011 - 08:56 | 1645554 lolmao500
lolmao500's picture

BAC to close 600 branches and USPS firing 200 000 people might help the numbers to get to -600k next month.

revise prior week's higher - check (from 409K to 412K).

Yeah total coincidence that it has happened in EVERY SINGLE WEEK since AT LEAST 2007 uh? Always revised up, never down...

Thu, 09/08/2011 - 09:03 | 1645617 Quintus
Quintus's picture

Yeah.  I wouldn't like to play dice against the BLS guys.  They're the sort of people who can throw 40 sixes in a row, it seems.

Thu, 09/08/2011 - 09:19 | 1645675 Beam Me Up Scotty
Beam Me Up Scotty's picture

Or get 18 hole-in-ones on a round of golf?  Fearless leader BITCHEZ!!!

Thu, 09/08/2011 - 09:19 | 1645674 DosZap
DosZap's picture

Don't forget Payless closing 475 Stores...............folks are going w/out inexpensive shoes now.

Thu, 09/08/2011 - 09:24 | 1645685 Crassus
Crassus's picture

Bring back the Postal Savings System. Convenient for military members and the banks don't want the small accounts anyway.

Thu, 09/08/2011 - 11:10 | 1646200 RockyRacoon
RockyRacoon's picture

Oh, sure.   And have the USPS treat those savings like the gov't treats the Social Security "lock box".  No thanks.

If we think the Fed has the best game in town by being able to print money at will, you ain't seen nothin' like the USPS.  They can print  postage with any denomination on it -- for the same cost of production for all the "accountable paper" that they produce.

Thu, 09/08/2011 - 11:22 | 1646286 tip e. canoe
tip e. canoe's picture

better yet, have the USPS start selling gold & silver from the US Mint over the counter.

Thu, 09/08/2011 - 09:47 | 1645773 Poundsand
Poundsand's picture

I think we can blame this month's numbers on the HUGE and totally unexpected layoffs of non-unionized ice cream truck drivers this month.  It's gotta be something.

Thu, 09/08/2011 - 09:48 | 1645775 Poundsand
Poundsand's picture

double - delete

Thu, 09/08/2011 - 08:52 | 1645557 oobrien
oobrien's picture

High unemployment in America?

Say it isn't so!

What a fucking shocker.

Will Superman please return to Earth and set everything straight!

That's a fucking order.

http://geraldcelente.proboards.com

Thu, 09/08/2011 - 09:16 | 1645666 Sudden Debt
Sudden Debt's picture

SHIT! WE ONLY USED THE BAT SIGNAL AND FORGOT TO CALL FOR SUPERMAN!!!

Just as we orderd 2 big ass spotlights in New York near wallstreet on 9/11 on ground zero....

all for nothing....

 

Thu, 09/08/2011 - 08:53 | 1645559 Careless Whisper
Careless Whisper's picture

The Morning Careless Whisper Report

New Hand-Built Sports Car: Made In Mexico

http://www.detnews.com/article/20110908/AUTO01/109080350/1148/Mexican-co...

Charles Manson "Caught" With Cell Phone

http://www.latimes.com/news/local/la-me-legislature-20110908,0,7962033.s...

SEC Will Stop Breaking The Law; No More Shredding

http://www.washingtonpost.com/business/economy/sec-orders-staff-to-stop-...

DC Police; New App For Suspicious Activity - iWatch

http://www.washingtontimes.com/news/2011/sep/7/dc-police-roll-out-new-cr...

Drunk DC Cop Alledgedly Shoots Tranny For Refusing His Advances

http://www.queerty.com/drunk-trans-shooting-dc-cop-a-danger-to-the-commu...

Detroit Schools First Day; 45 % Stay Away - Beauracrat Says "Off To Good Start"

http://www.detnews.com/article/20110908/SCHOOLS/109080402/1026/43K-show-...

Former German Defense Minister: 9/11 Was An Inside Job

http://www.spiegel.de/international/germany/0,1518,784673,00.html

 

 

 

Thu, 09/08/2011 - 08:57 | 1645577 Muddy1
Muddy1's picture

Maybe that is why he is now the FORMER German defense minister.  He went off topic.

Thu, 09/08/2011 - 09:10 | 1645646 Careless Whisper
Careless Whisper's picture

I usually post the morning news items I find interesting under the Front-Running post about news. I know I'm off topic here; my bad.  Oh, I forgot this one: New Ben & Gerry's Ice Cream Flavor (It was Alec Baldwin's idea)

http://3.bp.blogspot.com/-XfUcWuy7IBw/Tmin0NzI_aI/AAAAAAABI78/k5U87eDQDM...

 

Thu, 09/08/2011 - 08:57 | 1645581 lolmao500
lolmao500's picture

DC Police; New App For Suspicious Activity - iWatch

People should be calling all the time... There's suspicious activity in congress and at the White House...

Thu, 09/08/2011 - 09:05 | 1645627 DefiantSurf
DefiantSurf's picture

I should create a riot app that lets you send a live stream to all of the news agencies simultaneously

Crap, now I'm on yet another list...

 

Thu, 09/08/2011 - 09:00 | 1645598 Cognitive Dissonance
Cognitive Dissonance's picture

I'm sensing a trend here.

Thu, 09/08/2011 - 09:08 | 1645639 SheepDog-One
SheepDog-One's picture

I dont see how its possible we've lost this many jobs for so long. Theyre in full speed demolition mode while saying all is well to keep the sheeple calm with a check.

Thu, 09/08/2011 - 09:12 | 1645652 tip e. canoe
tip e. canoe's picture

the real story buried in the Manson article:

Also Wednesday, the Assembly overwhelmingly approved a Padilla bill that would grant expedited legal review to Anschutz Entertainment Group's proposal for a 72,000-seat football stadium in downtown L.A.

"The goal of the bill is simply to get people back to work sooner rather than later," Steinberg said

translation : we need to get those union & contractors' donations into our election coffers stat!

also buried in the article:

The Assembly also approved measures that would allow San Francisco to raise its vehicle license fees and would implement a pilot project in four counties allowing hemp to be grown for industrial purposes.

Thu, 09/08/2011 - 12:50 | 1646646 andybev01
andybev01's picture

So we're emulating the Chinese with our own 'ghost cities' now?

Thu, 09/08/2011 - 13:28 | 1646797 Problem Is
Problem Is's picture

Charles Manson "Caught" With Cell Phone

The current photo of Baldy Manson looks just like Bennie "The Cue Ball" Bernank...

Uncanny Resemblance
Hell, they could be brothers...

Thu, 09/08/2011 - 08:54 | 1645560 doomandbloom
doomandbloom's picture

due to the weather i preseume...

whats happenin with Katia?

Thu, 09/08/2011 - 09:02 | 1645605 CoolBeans
CoolBeans's picture

Hah, yes - I was waiting for that...."With all the hurricanes, tropical depressions, earthquakes along Bush's fault...".    Once upon a time, a disaster swath such as hurricane Irene would result in an increase in work - repairs, lots o' work to do, rebuild housing, etc.  NOt so much anymore, I guess. 

Thu, 09/08/2011 - 09:10 | 1645642 Arrowhead
Arrowhead's picture

why rebuild when you can buy 6 houses in Detroit on Ebay for $12?

Thu, 09/08/2011 - 09:38 | 1645746 jdelano
jdelano's picture

fracking earthquakes.    dey tuk er jobs!

Thu, 09/08/2011 - 08:54 | 1645561 RSloane
RSloane's picture

Obama will save us tonight~!

Thu, 09/08/2011 - 14:11 | 1647016 andybev01
andybev01's picture

I am so sorry, but this is what popped into my head after reading your comment;

 

http://www.youtube.com/watch?v=Ua26qTEK25U

 

my bad.

Thu, 09/08/2011 - 08:54 | 1645562 SheepDog-One
SheepDog-One's picture

No problem, markets reply to obvious economic collapse by rising a few % today, baking in more 'QE3 euphoria' which will consist of hand-holding some bond rate curves. What does 1 have to do with the other? Absolutely nothing, welcome to the New World Order.

Thu, 09/08/2011 - 08:54 | 1645564 Muddy1
Muddy1's picture

He'll propose extending the jobless benefits beyond the current 99 weeks.  Afterall it's those jobless benefits that stimulate the economy, and buy votes.

Thu, 09/08/2011 - 09:05 | 1645628 SheepDog-One
SheepDog-One's picture

Pretty grim when the only real economic activity is people spending their govt handout checks.

Thu, 09/08/2011 - 09:09 | 1645641 DefiantSurf
DefiantSurf's picture

But each $1 spent creates $1.84! Didn't you get the memo?

Thu, 09/08/2011 - 09:47 | 1645774 tmosley
tmosley's picture

Because the unemployed go into 84 cents of debt?

Thu, 09/08/2011 - 08:58 | 1645568 Mercury
Mercury's picture

And again it looks like those who BTFD in gold on yesterday's dip will be rewarded...but even sooner than last time.

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