Pat C's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/221719/comments http://seekingalpha.com/article/179184-why-reinstating-glass-steagall-is-a-fool-s-errand?source=feed#comment-816027 816027 Mon, 21 Dec 2009 13:52:23 -0500 http://seekingalpha.com/article/178857-america-plays-shell-game-with-bailout-money?source=feed#comment-812109 812109 Fri, 18 Dec 2009 09:45:30 -0500 http://seekingalpha.com/article/178788-are-we-heading-toward-a-market-crash-by-jobless-recovery?source=feed#comment-812084 812084 Fri, 18 Dec 2009 09:28:58 -0500 http://seekingalpha.com/article/178713-parsing-thursday-s-jobless-claims-report-an-almost-textbook-peak?source=feed#comment-811286 811286 Thu, 17 Dec 2009 17:58:22 -0500 http://seekingalpha.com/article/178571-reconfirm-ben-bernanke?source=feed#comment-810571 810571 Thu, 17 Dec 2009 11:05:20 -0500 http://seekingalpha.com/article/178415-first-stocks-then-the-economy-is-job-growth-next?source=feed#comment-808471 808471 Wed, 16 Dec 2009 11:42:18 -0500 http://seekingalpha.com/article/178354-obama-vs-fat-cats-other-options-are-limited?source=feed#comment-808381 808381 Wed, 16 Dec 2009 10:54:41 -0500 http://seekingalpha.com/article/178080-citi-s-expensive-tarp-exit?source=feed#comment-806202 806202 Tue, 15 Dec 2009 08:06:19 -0500 http://seekingalpha.com/article/177816-printing-our-way-to-a-jobs-recovery?source=feed#comment-802813 802813
We need targeted INVESTMENT not lending.]]> Sat, 12 Dec 2009 09:51:21 -0500
We need targeted INVESTMENT not lending.]]> http://seekingalpha.com/article/177718-another-week-of-explosive-emergency-unemployment-compensation-growth?source=feed#comment-802217 802217 Fri, 11 Dec 2009 16:16:58 -0500 http://seekingalpha.com/article/177646-seasonally-adjusted-jobless-claims-below-500-000-for-third-straight-week?source=feed#comment-800652 800652
As pointed out on another website, the number of individuals on extended unemployment will soon (like in the next week or month) exceed those on regular unemployment. We have a major structural economic problem here that needs serious attention by all of us. The only time that is remotely comparable is the great depression. All the other downturns were mere annoyances compared with this one.

"Note: despite 5.1 million as the official jobless role, total unadjusted jobless claims exceeded 10 million because of the extension of unemployment benefits to those who have run out of benefits. This is testament to the weak hiring environment."]]> Thu, 10 Dec 2009 18:38:08 -0500
As pointed out on another website, the number of individuals on extended unemployment will soon (like in the next week or month) exceed those on regular unemployment. We have a major structural economic problem here that needs serious attention by all of us. The only time that is remotely comparable is the great depression. All the other downturns were mere annoyances compared with this one.

"Note: despite 5.1 million as the official jobless role, total unadjusted jobless claims exceeded 10 million because of the extension of unemployment benefits to those who have run out of benefits. This is testament to the weak hiring environment."]]> http://seekingalpha.com/article/177635-initial-jobless-claims-back-up?source=feed#comment-800589 800589
5.157M Regular above
4.586M Extended above

That's 9,743,000 people collecting unemployment. This excludes individuals ineligible for unemployment.

HELLO!!!!!!!!
Are we all getting it?
Major, Major Problem!!!]]> Thu, 10 Dec 2009 17:28:45 -0500
5.157M Regular above
4.586M Extended above

That's 9,743,000 people collecting unemployment. This excludes individuals ineligible for unemployment.

HELLO!!!!!!!!
Are we all getting it?
Major, Major Problem!!!]]> http://seekingalpha.com/article/177629-is-this-just-the-beginning-of-a-depression?source=feed#comment-800349 800349
"The number you won't hear mentioned anywhere in the Mainstream Media: 327,729. That is how many people shifted to Emergency Unemployment Compensation programs in the last week alone, hitting an all time record high of 4.2 million! So as everyone is focused on the benign picture of initial claims in the last week which was "only" 474,000, the number of people rolling off continuing benefits has exploded and is now a stunning 592,579 only in the last two week. Look for this number to keep going into the stratosphere as the 6 month continuing claims cliff keeps getting hit by more and more people who are unemployed and keep looking not only for believable change, but actual jobs to go with it. ... At this rate those collecting EUC will surpass those on continuing claims (5.5 million) within a month." ]]> Thu, 10 Dec 2009 15:12:35 -0500
"The number you won't hear mentioned anywhere in the Mainstream Media: 327,729. That is how many people shifted to Emergency Unemployment Compensation programs in the last week alone, hitting an all time record high of 4.2 million! So as everyone is focused on the benign picture of initial claims in the last week which was "only" 474,000, the number of people rolling off continuing benefits has exploded and is now a stunning 592,579 only in the last two week. Look for this number to keep going into the stratosphere as the 6 month continuing claims cliff keeps getting hit by more and more people who are unemployed and keep looking not only for believable change, but actual jobs to go with it. ... At this rate those collecting EUC will surpass those on continuing claims (5.5 million) within a month." ]]> http://seekingalpha.com/article/177597-despite-uptick-unemployment-claims-still-support-a-recovery?source=feed#comment-800149 800149 Thu, 10 Dec 2009 13:19:30 -0500 http://seekingalpha.com/article/177597-despite-uptick-unemployment-claims-still-support-a-recovery?source=feed#comment-800141 800141
"The number you won't hear mentioned anywhere in the Mainstream Media: 327,729. That is how many people shifted to Emergency Unemployment Compensation programs in the last week alone, hitting an all time record high of 4.2 million! So as everyone is focused on the benign picture of initial claims in the last week which was "only" 474,000, the number of people rolling off continuing benefits has exploded and is now a stunning 592,579 only in the last two week. Look for this number to keep going into the stratosphere as the 6 month continuing claims cliff keeps getting hit by more and more people who are unemployed and keep looking not only for believable change, but actual jobs to go with it. ... At this rate those collecting EUC will surpass those on continuing claims (5.5 million) within a month." ]]> Thu, 10 Dec 2009 13:15:37 -0500
"The number you won't hear mentioned anywhere in the Mainstream Media: 327,729. That is how many people shifted to Emergency Unemployment Compensation programs in the last week alone, hitting an all time record high of 4.2 million! So as everyone is focused on the benign picture of initial claims in the last week which was "only" 474,000, the number of people rolling off continuing benefits has exploded and is now a stunning 592,579 only in the last two week. Look for this number to keep going into the stratosphere as the 6 month continuing claims cliff keeps getting hit by more and more people who are unemployed and keep looking not only for believable change, but actual jobs to go with it. ... At this rate those collecting EUC will surpass those on continuing claims (5.5 million) within a month." ]]> http://seekingalpha.com/article/177577-jobs-picture-still-improving-despite-temporary-setbacks?source=feed#comment-799897 799897 Thu, 10 Dec 2009 11:26:16 -0500 http://seekingalpha.com/article/177557-7-questions-about-alistair-darling-s-pre-budget-report?source=feed#comment-799694 799694 Thu, 10 Dec 2009 09:50:49 -0500 http://seekingalpha.com/article/177549-recessions-and-job-turnover?source=feed#comment-799682 799682 Thu, 10 Dec 2009 09:45:27 -0500 http://seekingalpha.com/article/177254-government-is-out-of-bullets-meredith-whitney?source=feed#comment-797932 797932 Wed, 09 Dec 2009 10:09:53 -0500 http://seekingalpha.com/article/177263-want-the-real-measure-of-unemployment-don-t-forget-long-term-discouraged-workers?source=feed#comment-797879 797879 Wed, 09 Dec 2009 09:45:31 -0500 http://seekingalpha.com/article/177261-the-effect-of-temporary-workers-on-the-u-s-economy?source=feed#comment-797868 797868
The challenge of course is how to implement it and be fair during the transition. Special interests all over the place will reject it.]]> Wed, 09 Dec 2009 09:38:49 -0500
The challenge of course is how to implement it and be fair during the transition. Special interests all over the place will reject it.]]> http://seekingalpha.com/article/177248-246-000-per-obamajob-inefficiency-at-its-worst?source=feed#comment-797842 797842 Wed, 09 Dec 2009 09:26:48 -0500 http://seekingalpha.com/article/177264-it-s-about-unemployment-stupid?source=feed#comment-797813 797813 I would ask you to prove this statement. There are only so many ways to make a widget. The cost of labor is the predominant issue by a long shot.]]> Wed, 09 Dec 2009 09:17:23 -0500 I would ask you to prove this statement. There are only so many ways to make a widget. The cost of labor is the predominant issue by a long shot.]]> http://seekingalpha.com/article/176465-elizabeth-warren-the-end-of-the-middle-class?source=feed#comment-789211 789211 Thu, 03 Dec 2009 18:30:11 -0500 http://seekingalpha.com/article/176462-debt-to-income-ratios-and-the-u-s-savings-rate?source=feed#comment-789163 789163 Thu, 03 Dec 2009 18:07:19 -0500 http://seekingalpha.com/article/176447-job-creation-government-needs-to-get-out-of-the-way?source=feed#comment-789078 789078 We need some creative thinking here and not just the tired old government rules and taxes argument. Its not like we haven't had a little break from the government madness over the last 20 years or so. I'm a small business owner and the taxes and regulations drive me crazy sometimes but they are not the primary reason for any negative impact on my business. The private sector is not stepping up to the plate and creating good long term jobs. It is a big factor in the downward vicious cycle we are in.]]> Thu, 03 Dec 2009 17:19:48 -0500 We need some creative thinking here and not just the tired old government rules and taxes argument. Its not like we haven't had a little break from the government madness over the last 20 years or so. I'm a small business owner and the taxes and regulations drive me crazy sometimes but they are not the primary reason for any negative impact on my business. The private sector is not stepping up to the plate and creating good long term jobs. It is a big factor in the downward vicious cycle we are in.]]> http://seekingalpha.com/article/176432-toward-a-bipartisan-jobs-compromise?source=feed#comment-788989 788989 Thu, 03 Dec 2009 16:08:23 -0500 http://seekingalpha.com/article/176252-reich-don-t-expect-lost-u-s-jobs-to-return?source=feed#comment-787248 787248
The question to be answered is:

How does a society operate when, wages, your primary source of national revenue for consumption and taxes, has been permanently reduced and you have no real national competitive advantage?]]> Wed, 02 Dec 2009 18:47:02 -0500
The question to be answered is:

How does a society operate when, wages, your primary source of national revenue for consumption and taxes, has been permanently reduced and you have no real national competitive advantage?]]> http://seekingalpha.com/article/176168-americans-say-forget-about-works-programs-go-for-protectionism?source=feed#comment-786611 786611 Wed, 02 Dec 2009 12:26:14 -0500 http://seekingalpha.com/article/176026-liquidity-pumps-still-set-to-full-power?source=feed#comment-785097 785097 Tue, 01 Dec 2009 18:12:25 -0500