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Is It Virtually Impossible To Land A Job As "Jobs Hard To Get" Responses Hit 28 Year High

Tyler Durden's picture


While the fact that the September Conference Board consumer confidence number missed in September, coming in at 45.4, below expectations of 45, and a tiny increase from the revised August 45.2, the shocker was in the responses to "jobs hard to get" category which printed at 50, up from 48.5 in August, and is now the highest number since 1983! Yet despite that it can not get a job to save its life, the public appears to have reverted to Hopium consumption, with the 6 month outlook jumping to 54 from 52.4, even as the current conditions index declines from 34.3 to 32.5, and the lowest since January. And a big red sign for the auto segment, is that Americans expecting to buy a car within 6 months has dropped to just 11.4% from 13% last month. And this even with GM offering subprime loans to deadbeats left and right.


Jobs hard to get:


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Tue, 09/27/2011 - 10:15 | 1714745 Peter K
Peter K's picture

Obamanomics. Gotta love it:)

Tue, 09/27/2011 - 10:30 | 1714795 Cone of Uncertainty
Cone of Uncertainty's picture

Downvote = Moonbat

Tue, 09/27/2011 - 10:40 | 1714824 MillionDollarBonus_
MillionDollarBonus_'s picture

This is completely unnecessary when the government could be employing every American in a useful occupation. This country has a serious lack of good infrastructure, and a simple fiscal stimulus program could employ millions of Americans to build new roads and bridges.

Tue, 09/27/2011 - 10:47 | 1714840 tekhneek
tekhneek's picture

Please God. Make it stop.

Tue, 09/27/2011 - 10:58 | 1714889 MillionDollarBonus_
MillionDollarBonus_'s picture

I'm only suggesting what has been deemed the logical solution by the world's most savvy economists. Dr Paul Krugman predicted this crisis WELL in advance ( and has sadly been ignored because people simply cannot take the truth.

Tue, 09/27/2011 - 11:02 | 1714906 Comay Mierda
Comay Mierda's picture

I think you are Krugman

Tue, 09/27/2011 - 11:23 | 1714983 ElvisDog
ElvisDog's picture

So, let me get this straight, the 50 year-old woman who lost her job as an office manager is supposed to get out on a road crew laying asphalt? What percentage of the unemployed are even physically capable of fixing our "roads and bridges and airports"?

Another problem with your "solution" to our unemployment problem is that all of those stimulus jobs are temporary. As soon as the stimulus money runs out, those jobs disappear and all those road-crew people are back unemployed. The only way to make those jobs permanent is to spend $450 billion in infrastructure stimulus on an annual basis. $2T deficits anyone?

Tue, 09/27/2011 - 11:30 | 1715001 karzai_luver
karzai_luver's picture

close, you need to give the owebama bucks to the road crew and then they will "trickle down" a bit of it to the 50yo office worker.


Where the rubber meets the road so to speak.



do ya see the light now......



Tue, 09/27/2011 - 11:51 | 1715059 Bicycle Repairman
Bicycle Repairman's picture

"What percentage of the unemployed are even physically capable"

OK then, how about a DHS super-snooper internet corps?  Pay laid off cubicle farm workers to trawl the internets posting and reporting on discussion groups?


Tue, 09/27/2011 - 11:53 | 1715062 fuu
fuu's picture

That doesn't already happen?

Tue, 09/27/2011 - 12:27 | 1715194 Where My Dawg At
Where My Dawg At's picture

Come on, get real everyone knows the 50 year old woman is the lady that holds the stop sign.

Tue, 09/27/2011 - 12:33 | 1715216 chubbar
chubbar's picture

She could probably qualify to be one of the eight people standing around getting paid while watching the two guys actually laying the asphalt, that would be OK wouldn't it?

Tue, 09/27/2011 - 18:44 | 1716599 IAmNotMark
IAmNotMark's picture

"So, let me get this straight, the 50 year-old woman who lost her job as an office manager is supposed to get out on a road crew laying asphalt? What percentage of the unemployed are even physically capable of fixing our "roads and bridges and airports"?"

Yes.  Get out there, girl!

100%.  Unemployed people make great pothole filler.

Tue, 09/27/2011 - 11:46 | 1715046 clymer
clymer's picture

"I'm only suggesting what has been deemed the logical solution by the world's most savvy economists" ..And so the counter propaganda proposed by the FED begins. I expect many new monikers to surface on ZH in the coming months

Tue, 09/27/2011 - 11:53 | 1715063 clymer
Tue, 09/27/2011 - 13:01 | 1715318 Blano
Blano's picture

You're the shittiest troll I've seen on here yet.  Not even funny on occasion.

Tue, 09/27/2011 - 14:24 | 1715649 covsire
covsire's picture

Calling "Dr Paul Krugman" a savvy, "logical" economist is like calling Hugh Hefner a world renowned women's sociologist.

Tue, 09/27/2011 - 14:57 | 1715791 d_senti
d_senti's picture






Tue, 09/27/2011 - 11:04 | 1714918 mtomato2
mtomato2's picture

Give the guy a break;  It's easy to think that way when you honestly believe that the federal government simply pumps paychecks straight out of it's asshole every month.

Tue, 09/27/2011 - 11:35 | 1715017 RockyRacoon
RockyRacoon's picture

He gets no breaks.   The fella is an obvious rabble rouser -- commonly known by the web denizens as a TROLL!  Nobody is that naive, nobody.   He posts that crap and then laughs about the sincere and focused rebuttals.   There is no subtlety nor nuance about the posts.  Don't fall for it.

Tue, 09/27/2011 - 12:05 | 1715108 mtomato2
mtomato2's picture

I know, Roc, I know...  I wuz jus' havin' fun.

Have a great day.

Tue, 09/27/2011 - 11:48 | 1715051 Bicycle Repairman
Bicycle Repairman's picture

Did you know that 1 in every # children is tragically under-housed every day according to the #%& association?  Let's build some housing.  For the sake of the children!

Tue, 09/27/2011 - 10:50 | 1714855 trav7777
trav7777's picture

yeah, man, there is good trolling, and...this is simply not your best effort

Tue, 09/27/2011 - 10:55 | 1714871 Gandalf6900
Gandalf6900's picture

does that sound like a problem solver to you, what does the worker do when the road is rebuilt? Build another one?

Oh, sorry I just realized you were joking...silly me

Tue, 09/27/2011 - 11:16 | 1714967 Shit Bag
Shit Bag's picture

Oh man, what the fuck am I reading?

Tue, 09/27/2011 - 11:52 | 1715060 fuu
fuu's picture

Supposedly it is satire.

Tue, 09/27/2011 - 12:22 | 1715169 prains
prains's picture

This country has a serious lack of good infrastructure, and a simple fiscal stimulus program could employ millions of Americans to build new roads and bridges.__millions of Y chromo's  (ie your downsyndome is infinite)


Hey assmonkey have you ever seen a bridge crew, all guys under 30 except for foreman, one concrete crew 12 guys max, one rebar crew 8 guys max, one crane operator, skid steer operator, road crew = less than 40 guys to build a four lane bridge.  

You on a bridge crew = road pylon

Tue, 09/27/2011 - 12:43 | 1715268 trav7777
trav7777's picture

gasoline consumption at 1997 levels = we don't need more roads and bridges.  We need less

Tue, 09/27/2011 - 13:09 | 1715339 Loose Caboose
Loose Caboose's picture

LOL - God I love this place.



Tue, 09/27/2011 - 10:48 | 1714845 Translational Lift
Translational Lift's picture

And this even with GM offering subprime loans to deadbeats left and right.

Yea...Gubmnt Mtrs....putting tax payers on the hook for more..........

Tue, 09/27/2011 - 11:00 | 1714897 Kyron95131
Kyron95131's picture

i know you were prolly saving that witty catch phrase for a special moment, but i assure you... the situation were in has way more abortion than to just give one president full credit for... you can start with reagan and continue on down if you want, which would be a lil more correct...

Tue, 09/27/2011 - 12:03 | 1715096 Geruda
Geruda's picture

I am having thoughts that 2 trilions of moneys to be paying for shock and awe is mostly causing the hurting we are having now.

Tue, 09/27/2011 - 13:26 | 1715397 covert
covert's picture

it will get worse until Liberty gets popular again, miss reagannomics.


Tue, 09/27/2011 - 10:18 | 1714748 BKbroiler
BKbroiler's picture

McDonalds is  good job. Hourly pay plus free food you can scarf on bathroom breaks.  Shame they're about to replace their cashiers with robots.

Tue, 09/27/2011 - 10:50 | 1714858 Oh regional Indian
Oh regional Indian's picture

Hah, that is funny given your handle is Broiler. And good job? You call what they serve food? 

And scarfed?

Such a testement to how far we've fallen, really and this is no condescention to the poor, just, overall.


Weird World

Tue, 09/27/2011 - 11:06 | 1714932 mtomato2
mtomato2's picture

I've actually always liked a Big Mac now and then... and still maintain this slim boyish figure.  McDonald-land fries are a thing of beauty and a joy forever.

Tue, 09/27/2011 - 12:45 | 1715271 boiltherich
boiltherich's picture

At seven bucks a pop the MacMeal better be good because it costs more than a steak dinner did at Sizzler 5 years ago.  As to BK, last time I went there (02/2002) I got a whopper fries and coke and was half way through the burger when I discovered a huge bite had been taken out of the sandwich on the part that was still in the paper wrapper.  When I took it to the counter in utter disgust the fat little "manager" cunt accused me of being a lying sack of shit out to sue Burger King, which was not a thought until she said it.  I did not sue but rather have never set foot inside a BK in the last 9+ years, and never will again.

As to jobs; when you're done collecting your 99 weeks of unemployment and already lost the house and car, and your kids need school clothes because you know the propensity of those little fuckers to grow even on what passes for food with WIC, you will take any job anywhere for any pay, but minimum wages keep you so deep in poverty that you will to survive accept entitlements, HUD vouchers for rent, SNAP/WIC for groceries, Medicaid for healthcare, HEAP for energy help, if a female alone with kids cash assistance as well, and by comparison your wages are little more than pocket change to cover miscellaneous, your real income is the government programs that keep your family together, so in effect you now work for the government. 

But, unlike former middle class jobs in government you are a wage/entitlement slave to the government, HUD vouchers come with strings and rules of behavior, break them and you are out on the street, so do all the programs, you now have a new parent called Uncle Sam.  The government bleats to the MSM about how we MUST slash entitlements, but in reality they like controlling a large share of the population.  They like it so much that they are inflating us out of pay being worth anything so we will soon all have to be on these rationing programs.  Pretty soon only that much discussed 1% of the households in income will still control their own lives. 

Three years without a COLA adjustment?  Because there is zero inflation and in fact the BLS says the CPI is lower now than it was in 2008?  The goal is obvious, reduce everyone to poverty and make them dependent upon TPTB for major necessities of life, housing, food, medical, people get real docile when they are threatened with starving in the cold, especially when they are sick and have no private for obscene profit healthcare insurance. 

Oh, and to add insult to injury let us have everyone not still on food stamps or HUD call you a lazy fucking leech, that makes it so much easier.  Well, whatever, as long as the ones casting those stones feel better that is all that counts.  Because soon enough they will know what it is like to have to jump through those government hoops in order to eat, and the ones that will be the most pissed are the ones hoarding PM's, because when government buys your metal for pennies on the dollar you too will eat government cheese. 

I know your anger will make you hit the red arrow, but I am just the messenger reporting fact, the situation is one I have warned against for many years, I do not like it any more than you do, and there is only one solution to it, it involves a huge black cauldron, some firewood, and many quarts of water. 

Tue, 09/27/2011 - 10:17 | 1714750 Fips_OnTheSpot
Fips_OnTheSpot's picture

Need... moaaar... hopiuuum..

Tue, 09/27/2011 - 10:20 | 1714766 eigenvalue
eigenvalue's picture

coming in at 45.4, below expectations of 45???

Tue, 09/27/2011 - 11:07 | 1714934 mtomato2
mtomato2's picture

Tylers... What's up with that?

Tue, 09/27/2011 - 10:46 | 1714767 tawdzilla
tawdzilla's picture

There are probably alot of jobs to be had in Trashington DC, if you have experience in money laundering.

Tue, 09/27/2011 - 10:21 | 1714768 Racer
Racer's picture

It may be that jobs are harder to get but saving banksters is as easy as ever

Tue, 09/27/2011 - 10:21 | 1714769 Gandalf6900
Gandalf6900's picture



what would you tell a guy with an MBA, working in a financial institution, with good pay and awesome benefits in Italy, that wants to move to the east coast of USA without a job or connections???

a. don't quit your day job

b. you're an idiot

c. take a gun with you

d. all of the above

Tue, 09/27/2011 - 10:24 | 1714781 AngryGerman
AngryGerman's picture

go suck cock

Tue, 09/27/2011 - 10:25 | 1714784 Gandalf6900
Gandalf6900's picture


that wasn't the purpose of this case study.


Tue, 09/27/2011 - 10:30 | 1714796 snowball777
snowball777's picture

I hear Camden, New Jersey is lovely in the fall.


Tue, 09/27/2011 - 10:44 | 1714830 strenue
strenue's picture

I hear Camden, New Jersey is lovely in the fall collapse.

There, I fixed it.

Tue, 09/27/2011 - 12:22 | 1715171 Big Corked Boots
Big Corked Boots's picture

I hear Camden, New Jersey is lovely in the fall provided you look like an armored Battle Bot.

Camden = the next evolutionary stage for Detroit.

Tue, 09/27/2011 - 10:32 | 1714802 SteveNYC
SteveNYC's picture

Definitely A, with a major emphasis on B. And I would not recommend C, unless said "guy" actually attempted the move....then I'd recommend C but with a bottle of scotch, a pen and paper, and darkened room......if you know what I mean.

Tue, 09/27/2011 - 10:48 | 1714844 Sophist Economicus
Sophist Economicus's picture

A.   Unless you have experience working with distressed assets and actually find that type of work interesting (I rather watch paint dry)    There are a few PEs expanding in this area

Tue, 09/27/2011 - 10:21 | 1714770 Azannoth
Azannoth's picture

In Russia they need only 1 thing to keep the population complacent - Vodka

In the USA it's a little more complicated - they serve a cocktail of 24/7 on demand TV, all the McDonald's burgers you can eat, and a virtually unlimited credit line for all little gismos but it all works out all the same in the end

Tue, 09/27/2011 - 11:09 | 1714943 mtomato2
mtomato2's picture

Bammo.  Right on Target. Or Wal-Mart.  Whatever.

Tue, 09/27/2011 - 10:23 | 1714778 pauhana
pauhana's picture

Consumers seems to be way smarter than investors.

Tue, 09/27/2011 - 10:24 | 1714782 GeorgeHayduke
GeorgeHayduke's picture

The economic paradigm is falling fast. Soon to be replace by an economic system that places more value on frugality, quality and value instead of conspicuous consmption, narcissism and planned obsolesence. Of course we'll likely have a rough shake out between the two.

Tue, 09/27/2011 - 10:46 | 1714836 Gandalf6900
Gandalf6900's picture

Of course we'll likely have the mother of all revolutions between the two

Now its ok

Tue, 09/27/2011 - 11:32 | 1715011 GeorgeHayduke
GeorgeHayduke's picture

I agree with your edit. I guess I got sucked in by the optimism club for a moment there.

Tue, 09/27/2011 - 10:54 | 1714868 trav7777
trav7777's picture

are all the women gonna disappear or something?

Tue, 09/27/2011 - 13:08 | 1715342 headless blogger
headless blogger's picture

The majority will have nothing, not even land ownership. Only a few wealthy will own it all, protected by a couple layers of administrators who will be given a little more cut to insure their loyalty. What does that sound like? Read up on the middle ages.

Tue, 09/27/2011 - 10:26 | 1714786 YesWeKahn
YesWeKahn's picture

From the chart, it's clearly the incompetence of both Bush senior and Bush junior. Obama didn't improve it at all despite of newly printed 3 trillion$.

Tue, 09/27/2011 - 12:36 | 1715228 Where My Dawg At
Where My Dawg At's picture

How dare you give no credit to Black Bush!

Tue, 09/27/2011 - 10:26 | 1714788 Cdad
Cdad's picture

News Flash....BlowHorn [CNBC]...some criminal banker....

"Auto sales are expected to be strong this month."

Lie detector sounds the alarm.  Imagine that...a syndicate banker lying.  Go figure.

Step right up folks, and buy the criminal window dressing equity mark up because...well, "there's no place left to put your money."

Tue, 09/27/2011 - 10:34 | 1714808 HelluvaEngineer
HelluvaEngineer's picture

Interesting.  To me, silver looks like an ideal store of wealth.  It was on fire sale yesterday.  Today, not as much.

Or, you can just buy burrito stocks.  Or perhaps actual burritos and freeze them.

Tue, 09/27/2011 - 10:48 | 1714848 Cdad
Cdad's picture

Caught the bottom on the AGQ yesterday...or damn near.  Looks to extend today.


Tue, 09/27/2011 - 10:38 | 1714816 DonnieD
DonnieD's picture

That must have been Rattner. He's desperate to keep GM above 20.

Tue, 09/27/2011 - 10:26 | 1714789 mikmid
mikmid's picture

There should be lots of jobs open in Washington DC, president, Fed chairman, Treaury Sec., and 530 or so congressional jobs. We should only hope!!!

Tue, 09/27/2011 - 10:31 | 1714799 heavy_metals
heavy_metals's picture

Apparently, it's not very hard for Chelsea Clinton to land a job sitting on the board of directors for IAC Corp.  And, here I thought BOD seats were for experienced business people with knowledge of industry.  I guess her experience at the hedge fund qualified her for the position.

Tue, 09/27/2011 - 13:05 | 1715332 Cathartes Aura
Cathartes Aura's picture

she married "well" -

Marc was a Goldman Sachs investment banker, and, at the time of the marriage, an investment banker at 3G Capital Management.[46] The couple lives in New York City's Gramercy Park neighborhood.[47]

Tue, 09/27/2011 - 10:34 | 1714809 vast-dom
vast-dom's picture


Oiga amigos! Oiga amigos! Paco! Enrique! 
Last words of Hassan Sabbah, 
The Old Man of the Mountain! 
Listen to my last words, anywhere! 
Listen all you boards, governments, syndicates, nations of the world, 
And you, powers behind what filth deals consummated in what lavatories, 
To take what is not yours, 
To sell out your sons forever! To sell the ground from unborn feet forever? For Eve-R 
Listen to my last words, any world! Listen if you value the bodies 
for which you would sell all souls forever! 
I bear no sick words junk words love words forgive words from Jesus 
I have not come to explain or tidy up 
What am I doing over here with the workers, the gooks, the apes, the dogs, 
the errand boys, the human animals? 
Why don't I come over with the board, and drink Coca-Cola and make it? 

"Now for God's sake, don’t let that Coca-Cola thing out!" 

Thing is right, Mr Whoever is responsible for that Who-Done-It! 
Explain how the blood, and bones, and brains of a hundred million 
more or less gooks went down the drain in green piss! 
So you on the boards could use bodies, and minds, and souls that 
were not yours, are not yours, and never will be yours. 
You want Hassan Sabbah to explain that? To tidy that up? 
You have the wrong name and the wrong number! 
Mr Luce Getty Lee Rockefeller 

"Don't let them see us, don't tell them what we are doing!" 

Are these the words of the all powerful boards and syndicates of the Earth? 

"Don't let them see us, don't tell them what we are doing! 
Not the cancer deal with the Venusians, not the green deal! Don't let that out! 
Disaster, unevaluable disaster! 
Don't show them that, these things take time and that's my business." 

As usual, Mr Luce! Short time to go. Minutes to go! 
Blue heavy metal people. 

"Don't let that out! Don't show them the blues!" 

Are these the words of the all powerful boards and syndicates of the Earth? 

"And don't whatever you do let them see us." 

Crab men! Tape worms! Intestinal parasites! 
Squeezing the air and shitting it out, and eat it again, forever! 

"Don't let them see us! Don't tell them what we are doing! Don't let us pay!" 

Are these the words of the all powerful boards, syndicates, cartels of the Earth? 
The great banking families of the world? 
French, English, American? 
Like Burroughs, that proud American name? 
Proud of what exactly? Would you all like to see exactly what 
Mr Burroughs has to be proud of? 
The Mayan Caper, the Centipede Hype, 
The Short Time Racket, the Heavy Metal Gimmick? 
All right, Mr Burroughs, who bears my name and my words, bear it all the way 
For all to see, in Times Square, in Piccadilly, 

Play it all, play it all, play it all back! 
Pay it all, pay it all, pay it all back! 

Listen: The word comes before English American German French, 
and pain and live are arsenic for all 
How the bones went - use never you have light 
All of you, all all all, green people crab people blue heavy metal people, 
compliments of Mr Burroughs for the Heavy Metal Gimmick 

”Don’t let them see us, don’t tell them what we are doing! 
Premature, premature, reconversion, reconversion blues." 

Shall I show them the blues? 

"No! No! No! 
Premature! Premature! Premature!" 

Are these the words of the all powerful boards and syndicates of the Earth? 
I say to all: these words are not premature, these words may be too late. 

Minutes to go. Minutes to go. Minutes to goo. Minutes to green goo. 
What I have to say is everywhere now 
Rub out the word Jew and you rub out the word Hitler 
The answer comes before the question 
My words are for all - for all, 
I repeat for all! 
No one is excluded! 
Free to all who pay, free to all who paying pay, for all to see, 
for all to see! 
In Piccadilly, in Times Square, Place de la Concorde, 
In all the streets and plazas of the world! 

Pay, pay, pay! 
Play it all, play it all, play it all back! 
Pay it all, pay it all, pay it all back! 

See my writing the silent - across all your skies, 
The silent writing of Brion Gysin - Hassan Sabbah. 
All out of time! All into space! Forever! 
Take what is not yours to skies squeezing the eye bodies forever 
All out of time! All into space! Forever! 
You cannot take words into space 
That is all all all, Hassan Sabbah 
You cannot take woman into space 
I repeat, you cannot take woman into space 
That is all all all, Hassan Sabbah 
See my writing silent - across all your skies, 
The silent writing of Brion Gysin - Hassan Sabbah. 
The silent writing of space, the writing of Hassan Sabbah. 
Look, Look, Look! 

"Don't let them see us! Don't tell them what we are doing!" 

Are these the words of the great nations, the all powerful boards 
and syndicates of the Earth? 
These are the words of liars, and cowards, and collaborators and traitors 
Collaborators with insect people, 
With any people anywhere who offer you a body forever, to shit forever. 
For this you have sold your sons forever, 
The ground under unborn feet forever! 
Traitors to all souls everywhere! 
You on the board, who want others to pay for you, 
With your deals to take what is not yours! 
And leave your human animals to be eaten alive by the crab people, 
to go down the drain in green shit and piss. 
The green deal 

"Don't let them see us! Don't tell them what we are doing!" 

You on the board, who now say: 

"Protect us from our our gooks, 
Protect us from our human animals." 

Are these the words of the all powerful boards and syndicates of the Earth? 
And you want the name of Hassan Sabbah on your filth deals 
To sell out the unborn? 

"Protect us from our gooks, our dogs, our human animals!" 

Are these the words of the all powerful boards, the all powerful syndicates, 
the all powerful governments and nations of the Earth? 
Liars! Liars! Liars! Cowards! Cowards! Cowards! 
Who cannot even face your own dogs! 
Traitors to all souls everywhere! Sold out to shit forever: 
You miserable collaborators, 
Now ask the protection of Hassan Sabbah? 
Are these the words of the all powerful boards? 

"Protect us from our gooks, our human animals!” 

No, no, no, I will not protect you, 
And you will never use the name of Hassan Sabbah - William Burroughs 
to cover your green shit deals with crab men. 
With the Elders of Minraud. 

Listen, listen, listen: 
I rub out all the words and reports of the board forever 
I rub out your thing police forever, for Eve-R 
I rub out the words of Marx Lenin Einstein Freud fraud forever 
I rub out the formulas of Einstein Oppenheimer forever 
I rub out their words forever 
I rub out the Qabalah forever 
I rub out the Talmud forever 
I rub out all the formulas and directives of the Elders of Minraud forever 
I rub out the word forever 

Listen, all all all, 
In you I cancel all your words forever 
You cannot take words with you into space 
That is all all all, Hassan Sabbah. 

- William S Burroughs

Tue, 09/27/2011 - 11:59 | 1715077 ElvisDog
ElvisDog's picture

That post exceeded my "maximum length in order for me to read it" value by a factor of 10.

Tue, 09/27/2011 - 13:38 | 1715446 vast-dom
vast-dom's picture

Only a moron / political asshole / bankster / politician would vote neg on the above. And the same goes for those with gnat-like attention spans. Haiku-fuck-you in terse terms biyatchez.

Tue, 09/27/2011 - 13:50 | 1715494 phyuckyiu
phyuckyiu's picture

Silly Wabbit, books are for smart countries!

Tue, 09/27/2011 - 10:45 | 1714817 Sudden Debt
Sudden Debt's picture



Here there are so many opportunities that being unemployed isn't a option.

If you're broke and unemployed your in deep shit. But that has always been so.

If you have some money, you can start something small to make a living.

This weekend even, I watched 2 young guys of maybe 20 years old who had bought a small 3 wheel truck, installed a expresso machine in the back, made a big sign and just stood at the corner of a market. They where doing very well. Investment cost: maybe 6K. And they can make a good living. They had more customers than the starbucks 2 streets down the road.



What's the chance that they studied to make coffees? Probably zero.

But they're working, they are taking their destiny into their own hands.


Tue, 09/27/2011 - 10:46 | 1714837 SheepDog-One
SheepDog-One's picture

Have fun losing anything you make to licenses, taxes, health dept inspections.

Tue, 09/27/2011 - 10:49 | 1714851 Sudden Debt
Sudden Debt's picture

This is europe :)

Our cops are old lazy farts who everybody can outrun :)

no seriously, that's a stupid remark. If it would be so hard, you wouldn't have any bars, coffee bars,....

It takes 1 hour to get the paperwork in order. 3 days of preperation AND THE WILL AND GUTS.


Tue, 09/27/2011 - 10:54 | 1714869 Sophist Economicus
Sophist Economicus's picture

Stop with the 'work ethic' stuff.    You're making SOME folks around here feel guilty

Tue, 09/27/2011 - 11:14 | 1714957 SheepDog-One
SheepDog-One's picture

Oh I forgot youre in Europe, no health codes, taxes, or laws there.

Tue, 09/27/2011 - 11:15 | 1714958 dwdollar
dwdollar's picture

Exactly.  There was a taco stand just down the road.  Made a good profit since they didn't have much of an input cost.  Not sure about the specifics, but I imagine the local businesses started bitching to the city and the city told them to find a building.  They got one, but had to double their prices.  I doubt they'll make it now.

Anyone who thinks it's easy to start a legitimate business in this environment has never started a business before.  They are blowing smoke up your ass.

Tue, 09/27/2011 - 10:49 | 1714852 X.inf.capt
X.inf.capt's picture

great point, debt,

another thing people can do is what i did when i was unempioyed,

i would go to garage sales and buy certain things on the cheap, and sell them on EBAY,

did well enough to survive fairly well, if you got the eye for it.

im glad ive got that option....

Tue, 09/27/2011 - 10:55 | 1714870 Sudden Debt
Sudden Debt's picture

Indeed, good thinking!

Me for example, I'm in marketing. When the economy will go to shitters, my type of job is mostly the most favorite to be scratched :) In a crisis, everybody hates marketing, we spend money.

I like my job as much as I love my wife and kids, I can't imagine doing something else. BUT, if needed, I would sell hotdogs on the street if I needed a income and couldn't find one.

I'd go freelance, I'd go in sales, make any career change if needed.

People are just so focused on that typical kind of job.

I know people who are unemployed for a decade now. They where waiting for that managment position right after school. They mocked me for doing a simple job back than. Now I'm a senior manager, they're still unemployed and still waiting.


Tue, 09/27/2011 - 11:23 | 1714985 mtomato2
mtomato2's picture

Nice try, Debt.  Normally I like you a lot.  You're off today.

Maybe you haven't seen the US headlines where cops are all but throwing li'l girls in jail for selling lemonade from their front yards.  One cop's quote: (I couldn't make this up...)  "We don't know what's in there..."

uh, yeah?  WATER, LEMON AND SUGAR!!!  fucktards.

I know many, MANY people, good people, smart people, hard-working people, upstanding strong-ethic people who are travelling out of state for a pittance.  Leaving their familys behind to tend the homestead.  Just like in Kitt Kittredge. 

Knowing someone who knows someone is no longer enough.  If you aren't up close and personal with a potential employer then you're not going to get the job.

Tue, 09/27/2011 - 12:58 | 1715311 boiltherich
boiltherich's picture

E-coli, salmonilla, and traces of break fluid from Daddy's meth lab. 

Tue, 09/27/2011 - 13:11 | 1715351 Cathartes Aura
Cathartes Aura's picture

mmmmm, tap water. . .

Tue, 09/27/2011 - 13:23 | 1715389 mtomato2
mtomato2's picture

Hot Ham Water...

Tue, 09/27/2011 - 11:35 | 1715018 karzai_luver
karzai_luver's picture

They are dealing dope or knockoff Ipads you clown. expresso on the corner.bwhaaaaa!


Half the self starters are dealing something the gvt says is bad for you.



Tue, 09/27/2011 - 12:55 | 1715300 boiltherich
boiltherich's picture

Great, 22 million broke unemployed people will run right out and start a business and it shall thrive so sayeth the lord of masterfuly overstated platitudes.  You only have to be able to defeat any and all barriers to starting a new business, compete with established businesses who will undercut your pricing till you go under, and then find customers in a depression that are not dead broke and unwilling to spend.  No problemo.

Tue, 09/27/2011 - 10:45 | 1714832 Belarus
Belarus's picture

Backdoor consumer stimulus, bitchez. Spend 1.5 trillion a year you don't have (10% of GDP), send much of the money to welfare, corporate and personal, and have them spend that money in the economy. It's funny how every value investor I've ever met denies GDP is a farce. It's like looking at Enron's income statment while totally and completely ignoring Enron's balance sheet and statement of cash flows...or insert Lehman or Bear or every other bank known to mankind. 

The bottom line is this: there will be no real fiscal budget cuts from the Super Committee, Ben is selling $400 billion in short term paper while the Treasury will be issuing 2 trillion of it over the coming 12 months. Don't worry, folks. Ben will NEVER expand the balance sheet again because all this debt will be bought will a 50% haircut in stocks. Because Ben has learned the Great Depression was a better path to victory than printing the money into oblvion. You're right, I'm in a foul, sarcastic mood and that will never happen. He will print, print, print. 



Tue, 09/27/2011 - 10:46 | 1714833 entendance
Tue, 09/27/2011 - 10:47 | 1714839 SheepDog-One
SheepDog-One's picture

'Occupy Wall St Protest' seems to be highly bullish for stocks.

Tue, 09/27/2011 - 10:51 | 1714862 tekhneek
tekhneek's picture

"LET'S GO TO WALL STREET AND SIT THERE! THEY CAN''T PRINT MONEY IF WE SIT ... Fuck ... what the fuck are we doing with our lives?!"

Tue, 09/27/2011 - 12:57 | 1715306 headless blogger
headless blogger's picture

At least they're doing something...unlike the other 99.9% of the population.

Tue, 09/27/2011 - 10:48 | 1714843 Gandalf6900
Gandalf6900's picture

I'd like to know what percentage of the US workforce is in Financial Services.

Tue, 09/27/2011 - 11:15 | 1714960 SheepDog-One
SheepDog-One's picture

GOT to be 50% at least. 

Tue, 09/27/2011 - 10:48 | 1714847 Snakeeyes
Snakeeyes's picture

Used this story on my blog with regard to the positive Case-Shiller home price index.

How can we have SUSTAINABLE home price increases when jobs aren't there, Fannie/Freddie have tightened credit and raised LLPAs.

CS is just volaitlity, not recovery.


Tue, 09/27/2011 - 13:04 | 1715330 boiltherich
boiltherich's picture

Simple, fewer and fewer poor to middle class buyers buying, more wealthy buying = higher average and median house prices.  It only takes a few upper end purchases to skew that data upward, and the smaller number of units sold the easier those few high end sales by those that actually still have money affect the median and averages. 

Tue, 09/27/2011 - 10:51 | 1714859 CapitalistRock
CapitalistRock's picture

The "I'm in it for the long haul" stock crowd is still trying to buy the bottom. They've been throwing in the towel since 2008 and it continues. Demographics are against them as baby boomers are needing their cash.

This will continue. We've got a few more years before the rest throw in the towel.

Tue, 09/27/2011 - 11:42 | 1715036 JuicedGamma
JuicedGamma's picture

What has that to do with the jobs situation?  Or is it them throwing in the towel on their day-trading job and looking for real work?

Tue, 09/27/2011 - 11:07 | 1714880 dwdollar
dwdollar's picture

Getting a job is easy.  Getting a good job which actually pays the bills instead of charging them to the credit card is the impossible part.  Social mobility, the crux of "The American Dream" is impossible, which means "The American Dream" is dead.

Anyone optimistic about the future is delusional or on drugs.  These need to be questions on consumer confidence surveys:

Do you, or have you, ever been treated for a psychological condition?

Do you take a controlled substance?

I'd like to see the correlations of 'Yes' to the these questions with how optimistic a person is.

Tue, 09/27/2011 - 11:15 | 1714964 tip e. canoe
tip e. canoe's picture

perhaps more specifically:

are you currently taking any prescription medication?

if so, is any medication prescribed for a psychological condition (including pain medication)?

Tue, 09/27/2011 - 11:19 | 1714973 SheepDog-One
SheepDog-One's picture

The whole country runs on results of a phone As far as they know theyre calling lunatics for their economic surveys.

Tue, 09/27/2011 - 11:02 | 1714909 Lady Heather...UNCLE
Lady Heather...UNCLE's picture

...just woke looks very bullish...has Greece been saved or something? Going back to bed (its 4.00am)

Tue, 09/27/2011 - 11:17 | 1714972 SheepDog-One
SheepDog-One's picture

Well yes Greece has been saved, for today, however that was a false rumor from Steve Liesman yet stocks are still up on the Hopium clouds, not even subtracting .01% from the 3% euphoria gap open.

Tue, 09/27/2011 - 11:40 | 1715028 JuicedGamma
JuicedGamma's picture

Hey come-on now with a name like LIESman what's not to believe.  Shees

Can we have Charlie Gasporino back pleeeease (I can't find the channel where he's moved to, or I can't stand watching Cahooto flailing around, can't remember which, or is it both?).

Tue, 09/27/2011 - 11:29 | 1714995 PulauHantu29
PulauHantu29's picture

There are actually many jobs available. I talke dto several store managers and said one problem is unemployment benefits are too high (or the wages too low) so people turn around and walk out. Only those who have run out of the entitlements apply he said.

Difficult situation for everyone.

Tue, 09/27/2011 - 11:40 | 1715027 karzai_luver
karzai_luver's picture

The jobs these wanna-be slave owners offer are not worth any humans time.


If they were really hard up for employees they would make an offer that the deadbeat can't refuse.


Get the job and wages these "store managers"hahaha, really just little power geeks are offering and bring them back so we can see what they are looking for.



Tue, 09/27/2011 - 13:23 | 1715390 Blano
Blano's picture

The wages are too low.  PERIOD.

I was offered a 2nd interview with the understanding of being paid XX amount if I was offered a job.  Said amount would, after taxes, actually be less than unemployment.  It doesn't take a lot of brains to see that's not a good idea.

Tue, 09/27/2011 - 12:30 | 1715205 HungrySeagull
HungrySeagull's picture

And even harder after your 99 weeks is up.

Make it easy on yourself. Buy a tractor, a bit of land and start cutting grass to roll into bales several times a year.

Oh and get out of the city you dummy.

Tue, 09/27/2011 - 12:37 | 1715235 tim73
tim73's picture

Americans have been properly trained like Pavlovian dogs to be optimists even if somebody whacks them with baseball bat every Thursday and tasers them after church every Sunday. "It did not hurt that much this time!"

Tue, 09/27/2011 - 12:40 | 1715243 topcallingtroll
topcallingtroll's picture

"Get a job"
Ridiculous. Losers with that mentality are doomed.

Make a job. Build a business. If anyone doesnt know how to build a small business and income stream from sweat equity then they will always be a victim of the circumstances that surround them.

Tue, 09/27/2011 - 16:15 | 1716122 Stevious
Stevious's picture

So, so easy to say.

From 1972 to 1986 I had my own business as a jewelry manufacturer,and a successful one.  That is, "was" a successful one until foreign competition decimated my industry.  Providence, RI was the "Jewelry Capital of the World" prior to 1980.  Today it's a tiny remnant.

It's easy to say "Build a business," Or "Make a job" but even people who plow snow, and mow lawns are experiencing hard times around where I live, partly because so many are entering the business in desperation, and partly because so many no longer have the income to hire someone.  Even plumbers and electricians are facing stiff competition from new entrants (licensed) or by individuals performing work that does not require a license.

Please share a list of ten good ideas where a person with limited capital has a greater than ~70% chance of surviving for two years with reasonable income.  Perhaps when I read your list I can find something to tide me over until I become re-employed (if ever).

Tue, 09/27/2011 - 16:16 | 1716123 Stevious
Stevious's picture

sorry, double post

Tue, 09/27/2011 - 13:14 | 1715360 Debugas
Debugas's picture

real solution is not stimulus jobs but rather wealth re-distribution so that everyone can use his part of the wealth to spend on things (s)he finds to be useful


we have pyramid like wealth distribution (lot of have nots and very few ultra-rich) which leads to the money flow from the base of  the pyramid to the top and money do not cycle in a circle

Tue, 09/27/2011 - 13:42 | 1715465 Demologos
Demologos's picture

How to create jobs:


Step 1 - Remove Obama from office

Step 2 - Reinstate Glass-Steagall

Step 3 - Rescind tax breaks for moving American jobs offshore

Step 4 - Issue credit (not debt) sufficient to fund projects that increase the efficiency of the economy, i.e. energy, water, and transportation

Step 5 - Initiate deals like the following examples that were penned just two years ago between Russia, China and their neighbors following the APEC conference

Germany and Russia – Nuclear power plant components, car manufacturing, high technology

India and Russia – 10 to 12 nuclear power plants – two plants already under construction

Indonesia and China – Infrastructure and energy development, 10,000 MW power station, bridge between Java and Sumatra – already invested in bridge between Java and Madura Island

Italy and Russia – South Stream gas pipeline

Iran and India – Railway construction, electricity distribution

Japan and China – Orders for 140 bullet trains for 13,000 km high–speed rail network

Malaysia and China – Bridge in Penang State, $2.2 billion railway project in Southern Johor state

Nigeria and China – 186 km railway to be finished in 36 months

North Korea and China – Provide infrastructure at North Korea ports to allow development of Jilin province – GDP forecast to quadruple in 10 years

Russia and China – Railway expansion and modernization in Russia including increasing high–speed lines from 650 km to 10,900 km by 2030 and technology for liquefying high–quality coal at high temperatures, nuclear technology to China including two 850 MW sodium–cooled power plants in addition to 65 MW fast breeder reactor

Singapore and Russia – Invited to invest in Russia Far East development, Gazprom may replace BP in Singapore

Taiwan and China – $2 billion in procurement orders

Thailand and China/South Korea/Japan/US – 2 nuclear plants start construction 2011

Viet Nam and Germany – 400 km urban rail for HoChi Minh City

Zimbabwe and China – $8 billion development/investment deals

Tue, 09/27/2011 - 14:33 | 1715689 Kurion
Kurion's picture

Boy, oh boy. Arn't the "those"doing a fine job today.
Salutations to the rest.

Wouldn't you just rework this blueprint, this building will fall
Or it that the plan.

I think the rat race just lost a few more lanes.

Tue, 09/27/2011 - 16:06 | 1716089 Stevious
Stevious's picture

Having been unemployed as a RN Nurse Specialist almost a year, what really concerns me is that I have found three ideal jobs over the past three months.

The problem is this:  Each job prior to 2008 was a full-time 40 hour per week job with benefits.  Today one job has been reduced to 16 hours, the second to 20 (2 ten hour shifts) and the third to 24 hours.  Each required me to relocate away from my (unsellable) house, which I am happy to do for a full-time job, where I could afford to rent an apartment, even without benefits, but the distance was too great.  And so here I sit, collecting unemployment, and watch jobs degrade.

Were two in a close geographical area and if I could fit in the requisite days, I'd take two jobs, but they weren't. 

I predict that in several years there will spontaneously form a Grand Union of Contract, Temporary, and part-time workers.  Though I have mixed feelings about Unions (having worked at a UAW facility) if such a union does not form, eventually 90% of all jobs will be reduced to contract, temp, or part-time.

Wed, 12/21/2011 - 03:51 | 2000273 kevin22
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