dondon

NABE Survey: Recovery Won't Remain Jobless Very Much Longer

Here is the article
www.cnbc.com/id/34133645


On Nov 24 08:53 PM dondon wrote:

> Check out this Rueter's article about rising payroll taxes and businesses
> that won't rehire because of it. This came out one day after I said
> the same thing above. So I am not a ranting idiot after all.

NABE Survey: Recovery Won't Remain Jobless Very Much Longer

Check out this Rueter's article about rising payroll taxes and businesses that won't rehire because of it. This came out one day after I said the same thing above. So I am not a ranting idiot after all.

The S&P 500 Gets an Upgrade

you buy, he shorts.

NABE Survey: Recovery Won't Remain Jobless Very Much Longer

The NABE are idiots that don't understand the small business problems that exist. In Hawaii in 2010 the unemployment insurance for each employee will go from $90-200 per year to $1000 per employee. In 2011 the insurance goes to $1500 per employee. When the tax cuts expire in 2010 and the small business owner has to pay more in taxes, he is not going to be thinking about hiring. Increased taxes and increased mandated government program fees are going to keep hiring at bay.

Why U.S. GDP Will Decline in Q4

When does the Q3 GDP revision come out?

U.S. Government Practices Restrict Jobs Growth

As a small business owner in Hawaii, I see daily the government attempting to raise revenue on the backs of small business. Unemployment insurance per employee is going from $200 per year to $1000 in 2010 and $1500 in 2011. The State owns all boat harbors and is going to raise rates (most boats are commercial in the harbors on Maui) on slips from $18 a foot to $70 a foot per month. Instead of cutting spending the government is all about raising taxes. As long as government raises revenue on the backs of small business we will have increased unemployment. I have a solution, cut costs, raise prices or cut payroll. Hey wait I've been doing that for almost two years now and guess what?

Why Are Climate Change and Deficit Reduction Considered Mutually Exclusive?

Climate change regulation will crush the average citizen and make a bundle for those that know how to game it. Just ask Al Gore.

Isn't the Fed Monetizing Housing Debt?

Tim,
Excellent article. Please keep them coming.

Isn't the Fed Monetizing Housing Debt?

It seem Sean has taken every nasty headline story from every tabloid and news rag and made those stories the de facto truth about the US. I am not sure where in the US Sean lives, but I have lived here all of my life starting out poor and working my ass off to get where I am today. I employ people and pay them well. The US Sean is pointing out is but a small part of our existence and while it should be highlighted to help bring attention to problems it should not be thought of as how the entire citizenry works.

Are We Becoming a Nation of Renters? Investing for the New Housing Dynamic

I sold in 2005 and have rented ever since. I'm paying less than my last mortgage and live in a larger home. My hot water heater went out last week. I called the landlord and he replaced it. It cost me nothing. Renting is a good option until house prices start to rise again.

The wealthy don't enjoy the same political support as everyone else, and that's why high-end homes have a ways to go to the bottom, says Pimco's Scott Simon. As Congress approves credits for first-time homebuyers, he says, banks are looking for ways to avoid qualifying high-end buyers, or charge them hefty fees.

Then what do you call the trillion dollar bailout of the banking system if it is not political support? Are you saying that the billions in bonuses are due to hard work and a level playing field? What crap that the wealthy don't have political support.

Mike Shedlock has a hard time seeing why markets went giddy over today's Q3 GDP data: "The government sloshed trillions around and yet disposable income is down, jobs are horrendously weak, and the only reason GDP rose is wasteful government spending, cash-for-clunkers and extremely unaffordable housing tax credits whose effect is soon going to start diminishing."

I am an employer and have just re-employed two people in anticipation of a busy visitor season on Maui. My sales are down 20%, no one has received a pay increase in 2009, I pay myself last right now so as to keep the bills from piling up, Maui has the highest unemployment in the state, airfares are double now over last year and I am still hoping for a busy season. If it doesn't happen I will lay off two to three employees. Right now I am not anticipating giving any pay increases in 2010 unless things really turn around. I want the economy to grow 3.5% based on real top line growth but personally I just don't see that happening any time soon.

Contrary to opinion, the stock market will embrace a tightening monetary policy, says Jeffries & Co. chief strategist Art Hogan. Rather than seeing higher corporate borrowing costs, he says, investors will know the moves are coming because of positive economic signals: "The Fed has a pretty good picture of the economy, and can usually see around the corner."

And how come Ben didn't see the around the corner of the housing crisis?

The Treasury's flooded the market with record amounts of debt in 2009. Lucky thing that U.S. households have been soaking it up, doubling Treasury holdings in the first half, in a search for safety. With $606B, households hold more than the world's major oil exporters, Caribbean banking centers and Brazil combined - and only China and Japan hold more among major foreign debtholders.

And how much debt has the Fed purchased?

The Greatest Depression Is Coming

If you need a job, move oversees. That is where they will be hiring and paying in a currency that might have some value.