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As Of This Moment, Obama, Who Is About To Speak At The DNC, Knows Tomorrow's NFP Number
While the fact that the stock market soared to new highs hours ahead of Obama's DNC speech may be a pure coincidence, we eagerly await to find out if while it is Bush's fault the economy is in the dumps 4 years after Obama took control, it will also be Bush's fault that the S&P just printed at 4 years highs. Something tells us that the answer is a resounding no. One thing we know for certain is that as of this moment the incumbent candidate knows precisely what seasonally adjusted nonfarm payroll number will be when it is announced tomorrow at 8:30 am. And since the TOTUS is very good at highlighting marginal moves in the economy, expect a leak or two during today's DNC speech. Then again, since the August number will not have to be discussed at the DNC, which ends this evening, there is a chance that the number of part-time workers added will be substantially below the 150,000 latest whisper number. Naturally, if whatever is reported tomorrow had any bearing in reality, the actual number would be negative. But there is an election to be won in two months, and naturally there are NFP reports after the election which can catch up with that trendline. In the meantime, here is why Obama knows precisely what only those select few other funds that are very, very close with the BLS, know.
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Depends....
One kind deals with Leaks and the other kind well...
You have to have SOME basis for pushing for another $1BB stimulus program. After all, a crony HAS to pay back all those that helped him get re-elected to maintain the quid pro quo.
You have to admit, Barry gave us something new and original...,
a first lady who hates America with a purple passion.
Geeesh...
You people are soooo cynical....
I thought he wrote tomorrow's NFP number?
Osama to take the mic, stare off into teleprompter space, and say "Now let me be perfectly clear........"
Grab the popcorn boys and girls. The Nixon-esque entertainment is thrilling.
AS II scheduled for October 12th.
Is the Choomgang going to ban this film?
http://www.youtube.com/watch?v=AF9QT43uDQU&feature=player_embedded
No need. Didn't that tank at the box office with the critics saying it was very poorly made, and even the director apologizing for it being a piece of shit?
ONE BILLION JOBS ADDED IN AUGUST!!!!!!
(Hell, why not? This is America, ain't it? The only thing we manufacture now is bullshit)
The NWA needs to get his ass out of the WH.
Exactly.
And the first non-human first gorilla.
Typical, and obvious, right wing racist. At least you don't try to hide it, though I hate giving you credit for something so ignorant.
Fuck you.
Being politically incorrect in America, 2012, is like being a capitalist in the USSR, 1975. Fuck the yids, their time is coming.
well since he's half white it could be an albino gorilla
What's funny about a fucking racist douchebag like you is that Michelle Obama could likely beat you to death if you ever had the courage to come out from behind your keyboard to spout your bullshit. You are a little cunt.
And fuck you too. Maybe you two should get together for a nice hug.
One of the things that lead me to support Mitt Romney in the upcoming Presidential election is his firm commitment to energy independence. America has been striving for energy independence for decades, and I think we now have a candidate who can finally do it, once and for all. If Mitt Romney becomes president of the United States of America, the days of oil dependence are over, and a new sustainable green economy will emerge. Mitt Romney has the strength to stand up to Saudi Arabia and stand by his commitment to developing green technologies. I truly believe that Mitt Romney has the strength and toughness to finally reduce America's dependence on foreign oil.
Ah crap. If MDB is voting for Romney then that has to be the wrong choice.
Or maybe that's what he wants us to think...
I see what you, or was that MDB - I'm so confused, did there!
If MDB is supporting Romney you know the Washington $126,000 a year bureaucrats are scared the fiat will die soon with Cloward and Piven running the freak show.
Listen...
I'd gone out of my way to be kind to you, referring you to Dr. Jack Kervorkian and he still awaits your call.
You're messing with your credibility, pal.
U are a delusional imbecile.
wow. you got some homework to do. All they have to do is stop the printing presses and the fraud. Crude will take care of itself. has nothing to do with said above.......
Well Government Motors is selling all those cars to China..and they are not Volts...so we better help them with some oil or we are not going to sell them anymore..you know..keep the unions working...and the pensions superflush
Hey....DOUCHEBAG...how's that Fartbook stock working for ya, Mr. High Delta Puts......LOL!
You fucking lying asshat
Don't let the facts get in the way of your narrative, asshole.
It might have something with the fact she is always putting the country down. Funny thing is she sure loves to spend the people's money on vacations.
Yeah, but Mrs. Obama just looooves that whitehouse gig. She said she could get used to this FOREVER.
Why bother with elections? Why not keep her there forever as a hectorer-in-chief, nagging everyone constantly? That and her vacations should add at least 1% to GDP.
Four year highs? It's almost like there's a pattern here, or something...
Meet Dave Spence: The Missouri Candidate For Governor Who Won't Pay Back His Bank's $40 Million TARP Bailout
Didn't he see that S&W sale are up? Take the fucker out.
One thing you have to say for Obama he pays his friends handsomely
Wall Street closes at multi-year highs on ECB, data
S&P 500 rises to more than four-year high on ECB move
S&P 500 Above 1,200 Means Obama Wins: Economist
ECB launches new 3-year bond buying program
Flashback
Obama asks eurozone to keep Greece in until after election dayI don't think it really matters, not to us anyway. Both are totally owned by basically the same people. The more I learn, and more history I read, the more pessimistic I get. Things are so much more unbelievably fucked up than even cynics like us on ZH even realize. If you thought it was bad, well it's a lot, lot worse...
Even Trish knows by the way her dress is angled.
Hans has a stain on his not so blue suit.
The way copper and oil finished today, tells me all I need to know. Doesn't the Fed have some repos to do as well?
Printy...Printy...Print
Fed Likely to Ease Even With Strong Jobs Report
Will He or Won't He? Obama Faces Jobs Report Dilemma
Lying....bitchez
Osama will say whatever Goldman told him to say.
Good thing Blankfiend has two hands. One up the ass of each candidate. Don't fool yourself for one moment that the banks don't have their hands in everything.
I think the headline should read: Obama has already told NFP what number to print tomorrow.
After today, I wouldn't know what to do with the number if i had it in advance.
Don't worry folks, "the jobs are coming".
What a joke the two parties are. They don't even pretend to give a fuck anymore as they laugh at us from their Ivory Towers of Epic Fail.
Don't vote period. It won't matter. Any candidates that could right things for America are "killed" by msm. The sheeple know this intuitively. That's why voter turnout has diminished through the years.
OT.. Wall Street has "killed" the markets with these evil predator algos. That's why traders have given up as well.
No one gives a crap about appearances anymore.
Not voting does say you agree on everything or you're simply not interested.
You need to vote different.
when the time comes I'll vote with lead.
No it doesnt. Not voting helps in undermining credibility of the ones in power. If the president wins with only 5% of america voting, what does that say? The MSM would have a hard time explaining how the ones in power are a result of democracy. They dont dare mandate voting since you will get a lot of pi$$ed off people votes. This 30-50% turnout is killing us. Its enough to give them credibility.
Isnt that cute! A junker who thinks his vote matters.
Far better to write-in Ron Paul or Tyler Durden on your ballot than not vote. The politico-bankster class could care less about those who stay home on Election Day and they would happily keep wrecking America with 10% of eligible voter support. A large percentage of spoiled ballots is the first step to a new third party.
thats complete bullshit. by not voting, never had never will, means i dont believe in wasting my time with a complete handjob. I have better things to do like this read ZH..
who here wants to deny that the US has an 8% unemployable rate. being out and about i see a lot of people I would never want to work with or for me.
100 years from now Obama will be a footnote in history as the first non-white american president. Bush will be remembered as the worst president this country has had to endure. the damage he did will linger for years
Careful of revisionist history....Obama will be hearled as pulling the economy out of the dark ages and seeing the S&P 500 double in four short years. Not saying it is right I bet he will be seen just the way we think of Reagan, Kennedy, and FDR today.
The S&P doubling in 4 years had nothing to do with Obama or his policies. It was because of money printing and pure unadulterated bullshit.
History is written by the victors.
The whole "Obama/Bush" blame assignment game is so trite at this point.
This began in the 70s with Nixon. Continues with both parties to this day. Reagan (balnacing budget) and Carter (the consumption of oil adress to the nation) had their moments of showing SOME signs of being their own man (and they paid for it, mostly by their own parties)......while being complicit in tearing the country down (although not as much as Bush/Clinton/Obama).
When Obama leaves office in 2016, he'll be known as "President Stagnant". Such a shame that a guy who meant so much, historically and figuratively, to people of color across this nation, and to democracy in general, progressing to a more better place in time......just ends up being a corporate schill like the rest of 'em.
This is the country the zombies voted for.
Everyone's remembered differently by different people.
The bankers will look back fondly on Obama.
"He let us alone long enough to make off with the loot."
The oilmen will look back fondly on Dubya.
"He sure did buy a lot of our product."
The majority of the public has been justifiably hating politicians for hundreds of years.
Yes, Obama is a lingering bush fart, someone needs to light a match and rid the room of stench.
So to you, half White is non-White?
Nice math, you must be a BLS statistician.
Anyone else been having problems with rt.com all day? must be the Lauren Lyster piece
or the Putin interview
Or somebody fucking with access thereto....
i believe it only affects certain regions of the EU and USA. reminds me of the time their youtube account was blocked.
Yes I had dns poisoning yesterday, thought it was on my end
I'd like to have Lauren Lyster's piece.
Can't wait to see those part time job numbers, participation rate and employment to population ratio.
If you want to see REAL job number's
http://market-ticker.org/akcs-www?post=211159
Then do a double take on the kind's of jobs being reported
Pace of Service Sector Growth Faster Than Expected
Good thing the Lame Stream media won't be reporting them until tomorrow because the obama camp knows they are crap
Tomorrow’s Jobless Numbers Concern Convention Democrats
Lester, knock off the SPAM, ASSHOLE!
I actually hope Obummer gets back in office. He seems to be less for Israel than Romney, and if this whole shit box goes down it will be under his watch. Since he'll be a lame duck president, maybe he'll burn the banks. I'm not holding my breath though.
We always seems to be given the worst of two worlds when presented with the candidates for prez.
I'd still write in RP if I do vote. I actually see it as a waste of time frankly.
Two sidelines...look at Smith And Wesson...sales up 48% ...huge....the Obama Put.....and PHYS is adding gold....and if its good news on the NFP...Obama will not keep it secret....he will spew it out
Oh I get it.
He was right about those people clinging to their guns and Bibles...
So if I'm reading you right: Long on Gutenberg?
even a stopped clock is right twice a day.....
Gunmaker Smith & Wesson Posts Stellar Earnings, And The Stock Goes Bananas After Hours
lemme see, when the Obama took office, I bought gold at what, about $850 an ounce - running now about $1695 as we speak........not too shabby!
Romney people will be sitting there watching SPX moving higher everyday and his chance of getting that job lower every point it moves. . Romney declined an offer of $30m annual salary in order to run for the office. They ought at least put up a fight, even a wimpy one.
If he declined a $30 mill paycheck to run for prez, he's either a complete fool or he thinks Bernanke will make that $30 mill = $30 thousand in a couple of year!
My bet is on the 1st option.
BLS to DOL to Obama ears to HFT is a short distance. " NOW IS A GOOD TIME TO BUY STOCKS "
HFT = High Frequency Treason by the SEC
Of course he knows it. Whore bitch Axelrod just pulled it out of thin air and shoved it up the Kenchurian Candidate's ass...
tyler when will you cover....gasp.....a third party convention??????? they do exist!!! YES THE PEOPLE ACTUALLY HAVE A CHOICE IF MEDIA, MAINSTREAM AND ALTERNATIVE, WOULD ACTUALLY MAKE AN ATTEMPT TO COVER WHAT THEY SAY!!!!!!
media won't cover it. turn your cable off to punish msm.
Not just msm... Its almost every blog, site, etc that gives coverage to these parasites........tyler should be covering other parties......
ZH is owned by ABC. Maybe they're in the process of being assimilated ...
Nobel Peace Murderer. Arrest him.
did you know alfred nobel was the inventor of dynamite? yet another inside joke of rothschild, this Nobel PEACE prize! people will never learn.
NFP will print at the best possible value for Bummer just beneath the "I immediately call bullshit" threshold. It will be revised downwards, on a backasswards basis, the day after the election.
WTF other way is there?
Thats exactly whats going to happen. The big problem is than going to be, how is the BLS and Hilda going to explain the large disparity between their "we-wish" number and the real numbers coming from ADP, TrimTabs and other payroll monitors?
They don't have to explain it they never do they are adjusted downard after the fact all the time but the MSM never bothers to point that out.
They are too busy jizzin all over themselves like Chris Matthews any time their master speaks to do any sober analysis.
When the propamedia ignores that it happens regularly - who knows about it?
Yea, it's going to be something bountiful and glorious...even if it's not.
For Christ sake, like they are going to now go fully 'legit' on then epic bullshit they've been spewing for years.
150,000 now is bountiful and glorious now....the new normal
The bubble boy ben, ny fed, the primary stealers and the financial press (cnbc) have the traders exactly where they want them. Bad payrol data means QE3 and the market goes up; good payrol data means continued recovery and th market goes up. It's a can't lose market.
“Dr. Doom” Marc Faber: The most dangerous trend right now
Am I the only one who thought the title was "Ass of the moment, Obama..."?
just a wee-bit OT... but, where's waldo [geithner]?
I'm calling for a 225,000 print with 8% unemployment to be adjusted downward in January of course.
Obama’s Record on the Economy and Housing: Are We Better Off Than 4 Years Ago? | Confounded Interest | Antony B. Sanders, September 3, 2012 (edited)
All in all, the United States is worse off since January 2009 since we have expanded Federal government debt by 50.47%, saw a decline in household income of -4.75% and still have almost 13 millions unemployed. In fact, the economy and housing market seem stuck in the recession that NBER dated from December 2007 to June 2009…
Here is a snapshot of the economy between January 2009 and today. Clearly, we are worse off as nation…
House Prices : Using the Case-Shiller 20 city house price index, house prices have fallen 4.17% since January 2009. House prices rallied at the end of the recession (gray bar), but started declining again until the beginning of 2012.
Civilian Unemployment Rate : Civilian unemployment has actually risen since January 2009 by 6.41%. It is difficult to have a vibrant recovery with rising unemployment. Unemployment rose to 10.0% in 2009 and has gradually declined to 8.30%... A more inclusive unemployment rate that includes marginally attached workers is the U6 unemployment rate. That has risen 5.63% since January 2009 and has a similar shape to the civilian unemployment rate. Once again, 15% U6 unemployment is too high
The civilian employment to population ratio has worsened since January 2009. It was 60.6 in January 2009 and is now 58.4.
Average Weeks Unemployed : Another measure of economic health is the Average Weeks Unemployed. It has risen 106.38% since January 2009… and has settled in at around 40 weeks.
Number of Unemployed : The number of unemployed rose 6.18% from January 2009, but has improved since reaching its peak in 2009… but almost 13 millions unemployed is a national tragedy...
Household Income : The real killer for a recovery is the 4.75% decline in household income since January 2009.
Gas Prices : It doesn’t help the economy when gasoline prices (regular) rise 122.61% since January 2.
SNAP (Food Stamps) : The number of households on food stamps, a negative economic indicator, has risen 45.38% since January 2009.
Federal Debt : The Federal government debt has grown by 50.47% since 2009… a reflection of how Federal government deficits and debts have not stimulated the economy. Given that we and our children will have to pay for this debt, we are clearly worse off on this metric.
http://confoundedinterest.wordpress.com/2012/09/03/obamas-record-on-the-economy-and-housing-are-we-better-off-than-4-years-ago/
Stop using facts on people. All that does is make them put their hands over their ears and scream "I can't hear you!!! I can't hear you!!!"
LET THE OBAMA RALLY CONTINUE!
What was that 244 points today? The sound of Central Bankers Mating!!!
Print, Print Baby Print! It's a Printfest Party!!
Even old Gloom, Doom, Loon, from the Moon Faber threw in the towel today.
"Ah well...das crash...vill cume in 3 or 5 or 10 or...years" Thanks Sherlock (not Shedlock)!!!
What was that old saying - "Don't fight the F..."
Obama says buy stocks now: Good deals there for long-term investors, President claims. Date: 03/03/2009 Dow 6,726 close. Today 13,292 - Are you better off?http://articles.nydailynews.com/2009-03-03/news/17917650_1_stock-market-...
Marc Faber Says Stocks Have Likely Peaked, Sept 25, 2009Dow 9,665
http://www.youtube.com/watch?v=Bt8Qki4AeD8
Marc Faber says Obama's stimulus a failure, Oct 26, 2009Dow 9,867
http://www.youtube.com/watch?v=o_-ZN7cN69k
Jim Rogers "The Rise of China" 8/11/2009Shanghai Composite:Then 3264 - Now 2037.
http://www.youtube.com/watch?v=_hd-EYuKY40&feature=relmfu
Shanghai Stock Index Falls to Lowest Since 2009; Vanke Advanceshttp://www.businessweek.com/news/2012-09-04/china-stocks-fall-to-lowest-...
Glenn Beck - Investor Jim Rogers Gives Dire Warning 12/11/2011Dow 11,410
http://www.youtube.com/watch?v=Cd2kJPKPnOo&feature=related
Glad I listened to Obama!!!!!!!!!!!!!!!!!!
Yep, extremely glad I was listening to him too!
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
Gold - 1980 to present
You got that right - and it ain't over.
Do you think our Fed or any of these Central Banks will be able to roll all this liquidity back in?
Not a chance!
Big O knew that in 2009 and tipped us off. These Deflationist dreamers are going to be so wrong.
I think Ron Paul even thought the dam might burst this summer and in an act of desperation he'd be ushered in.
The monetary collapse will come, right when you're being lulled to sleep by stealing as usual. The capacity to absorb our monetary pollution seems boundless, even Mars is in on the act.
We'd at least have intelligent debates about foreign policy...and not this bullshit soundbite drivel
The rally doesn't end until your taxi driver is bragging about how he made a 15,000% return last month gaming some penny stock shell company.
Cool! Obummer is about to speak! (crickets, crickets, crickets).
I am sorry based upon a more accurate reading of 'who's at fault' ... I submit the following:
Nixon ... Fiat Founder
Ford
Carter
Reagan ... Tax Cutter and Debt Expander
Bush I
Clinton
Bush II ... War, War, and Big Debt
Obama ... Borrow our way out of Debt
Who cared since 'Debt doesn't matter'
The reason I will vote in this election is because after Obama takes away my gun, he will also take away my RIGHT to vote.
Obama can't take your gun away, but I guess if you need to worry about something, that'll do as well as anything else.
I'm more concerned about radioactive Corexit mutated tuna.
Right...just like Obama can't murder American citizens without charging them with anything, and just like he can't indefinitely detain American citizens without charge or trial, either. Obama can't listen in on your phone conversation without a warrant, or do anything unconstitutional like that. :eyeroll:
Jeebus - the Japs are nuking tuna in the GoM? Good thing our carriers are in the other gulf...
As promised, we will now need drinking keywords for BO's speech tonight.(as if you aren't shitfaced already) We need three keywords, one for just taking a drink, one for slamming a whole beer and one for downing a whole bottle of booze. Last weeks Romney results were as follows:
The "We Believe in America" Romney speech catchwords used during speech plus or minus:
Debt-2 (one usage out of context to actual financial debt: i.e a debt of gratitude)
Built that-0
Economy/jobs- 31 (no reference to middle class)
Mormon-1
Other keywords of note that were overused:
American(s)-infinity
Deserve-8
Future-5
Souls-2
Church/family/women- too many to list
Romeny and the GOP - Forget the Military AND the Middleclass.
Romney - Not a single mention of our brave Soldiers fighting overseas!
The point of this exercise is to identify similar or the same keywords used by both RNC and DNC. And to drink.
Seems you'd only need to explain that to an offended troll......
Seems if I was a troll, I would have posted it on every thread and not just here now wouldn't it? And trolls always refer to what they said a week ago now don't they?
wasn't talking about you - was referring to the fact you had to explain it to someone that seemed to have been offended
Thanks Dexter. No problem.
So here are the results plus or minus.
Jobs- 15
Future- 14
Tax(es)- 11
Hope- 10
Health or related care- 7
Middle class-4
Other words/phrased that I noticed that were overused.
-Challenges
-"You did that"(x3)
-Americans. ad nauseum. But never "American people" save for one instance.
Compare and contrast.
Disclaimer: There were multiple uses of other words in excess but it is hard to keep track of more than 20 words at a time. At least I am getting good at knowing some of those keywords and can put my marking pen next the word before the candidate says the word. It get's a little harder when they lump three keywords all into one sentence though.
Cheers everyone.:-)
seems a bit crazed to me to fire upon prez0's re-election campaign-launch with the #NFP
but yeah, if he wants to know it, he probably does...
slewie said last when the dollar index came offa the lower 70's after all the doomers were predicting "crashola" and theEnd of the US monetary unit
that prezo would run on
if prezMcCain and vice-prezPalin were speaking tonight i doubt if tyler would be raising this issue #NFP L0L!!!
i don't know what he'll say about jobs and employment :> "ain't it awful" probably won't be it, tho
The unemployment rate will be 7.9% or less. This has been planned for months.
There's the sun rising tomorrow morning, and the #NFP report.
I'd fade the sun, before I'd fade your bet.
Where is the commentary of HYG fading.
It screamed HIGHER into the close today.
Sorry uber bears. Just remember, a stopped clock is right twice
It doesn't matter. Whatever he says the media will spin it as hitting it out of the park and the 98% of the population that are idiots will believe the media. We are not smart enough not to repeat history.
Mmm Motorboatin'
Shocking....unless you are familiar with Chicago thuggery
http://www.foxnews.com/politics/2012/09/06/emails-suggest-axelrod-leaned...
Where's the chart for the "Ride of the Valkyries" MP3 sales...
What is this bullshit. Where's ZH's live feed of the speech.
The wife won't let me watch it in the living room after all of the projectile vomiting during Myth's speech.
Why does she think it will be worse for 'Bama's speech. Four years ago, it went perfect. It took a month or so before the reality set in. And that was just bleeding from the ass for the first 6-7 months until I got used to it.
I've got him on a feed, and I think he just said...
"We're not about what your Government can do FOR you"
"We're about what your Government can do TO you."
Somebody check that second sentence. It may not be what he said, but I know it's what I heard.
When do the Primaries start for the Uber-President... of the Fed?
Fuck this political shit. I want a vote on what really counts.
BTW, do I have to be an "Accredited Investor" to get in on the Italy/Spain bonds. If iPhone5 doesn't go well, the Central Bank of Israel and I are going to have to swap out of AAPL to something good, like those bonds or NFLX. Or maybe there's a reverse-merger in China to get in on. I think China and the Asian Markets are about to comeback majorly big.
It's getting tough to be a MainStreeter investing. Maybe that's why there are only 206 of us left in the US.
Everything is going automated, thus ADP gets a larger portion of payrolls than not. ADP numbers, when jobs are added at all, will always grow.