Chris of NH

BLS Jobs Numbers Contradict BLS Jobs Numbers

Mad Hedge... did you see where Las Vegas propaganda folks think the new MGM CityCenter with 4,000 hotel rooms and millions of sq ft of casino, meeting space, etc. will 'rescue' the town? Even better they believe it will re-make the city as the locals will spend billions in it. Now let's think... 13% unemployment rate, tips and bonus money down or almost gone for locals... yup, they will be spending up a storm for sure.

They must salivate at the BLS reports.

On Sep 23 09:47 PM Mad Hedge Fund Trader wrote:
Nevada came next at 13.2%,
> blasted by both barrels of a shotgun by simultaneous layoffs in housing
> and hotels.

BLS Jobs Numbers Contradict BLS Jobs Numbers

Jeff:
Thanks for keeping us informed of the facts.

What a shame our tax dollars are used for what are criminally erroneously propaganda reports from our so-called government.

Chris of NH

Companies Say Cuts Are Here to Stay

OK, so if educating our young is the answer, how does that do a SINGLE thing to help us today? Or in 10 years? But it sure causes issues with #1 below... by driving UP educating costs. The only way to educate our young more efficiently is to eliminate tenure and teacher perks (such as huge pensions and health care with a $3 deductible for life) and make them pay-as-you-go by being proven good teachers year after year... and the ones who are proven out get significant raises and the ones not, well they get discarded. Please do not add cost to an already swollen government just "because", make it make sense and be better and cost less.

> 1) Education and medical costs are eating away at everything a worker
> makes.
>
> 2) Government consumption of overall GDP is becoming a larger and
> larger percentage. Even if taxes don't increase, it's clearly coming
> from somewhere (your future prosperity and income and inflation)
> Educating our young is our only hope for a decent future. If we spend
> anything spending money on this is more vital than even the military.

Consumers: Saving Trumps Spending

Consumers are really pi*sing off the tax and spend DC crowd,,, I would not be surprised if we see treason charges levied against people who do not hold up their end of the bargain and spend every dime they have.

I am only half kidding....

China to U.S.: Show Us the Math

Asking Geithner or Bernancke to show the math is a joke... neither of them could add 1 + 1 and get the correct answer even 25% of the time.

Trade War: Have We Dodged the Great Depression II?

It's quite comical that every so-called Great Depression student points to Smoot-Hawley as the cause of the Great Depression and how if the same protectionism is implemented today it will cause the Depression Deux.

They all, from Ben Benancke on down the line, forget one simple but fundamental difference between today's US economy and our country's economy in the 1920s... here it is:
In the 1920s the US was by far a net exporter of goods and so protectionism hurt us disportortionately hard... nowdays we are by far a net importer and so it is possible protectionism would at worst be a neutral impact and could even be beneficial by making domestic production more attractive to American buyers.

How do they miss that huge difference? It's simple, they are all intellectually challenged and clearly incompetent to be economists in this day and age.

Barney Frank Wants to Regulate Your Pay

anyone who agrees with Barney Frank is, well, look at my title....


On May 15 11:08 AM patriotaxe wrote:

> I agree with Congressman Frank 100% There isn't a pencil/paper-pushing
> CEO in America today worth more than $200,000 per annum; the same
> applies to professional athletes. The people who make the products
> (if they still have jobs) are the foundation of our economy. The
> real achievers in this nation are teachers, police officers, fire
> personnel, factory line workers, union members - they are the people
> who inspire, the people who are the keystone of our way of life.
> That's where our investment should be placed.
>
> As for "how about cutting former presidential perks and pensions
> to," I couldn't agree more (with the exception of the spelling).
> Let's start by removing the Secret service protection for Bush/Cheney.
> I give them 20 minutes, tops.

Barney Frank Wants to Regulate Your Pay

Massachusetts is the East Coast version of California and Franks and Pelosi are far to the left of communism.

Frank is the poster child of pure human trash.

On May 15 10:06 AM Prudent Man CFA wrote:

> Frank is a poster child for Congressional Term Limits.
>
> Is Massachusetts a part of the U.S. or a Socialistic haven for frustrated
> academics who can't make it in the Free Enterprise System so they
> teach and inculcate the same values that made them failures in the
> competitive world, which they abhor - garbage education in, garbage
> knowledge and values out.

Has the Plug Been Pulled on Cap and Trade?

I am Gallup Poll member and they came out this week and found, not surprisingly, that for 60% of Americans the #1 concern was the economy while for just 2% it was the environment. Big O seems to no longer have the 100% ear of the enviro-terrorists and their SS/Gestapo surrogate, the militant EPA.

Let's hope he continues to listen to the vast majority and not these splinter groups of radicals.

Is Oil Going to $80 a Barrel?

sadly, the cap and traitors hope for a much higher price as they are thrilled with how the trashed economy reduced CO2 output and are determined to continue the economy's losing streak to hit their CO2 output reduction goals... even if it means a depression is in the cards.


On May 12 05:45 AM wildfirexx wrote:

> We probably could handle a $70-$80 per barrel increase in oil.....but
> anything above that threshold will no doubt hurt the economic recovery
> and pro-long the recession.

Is Oil Going to $80 a Barrel?

Our 'leaders' in DC know that this must happen in order to devalue the debt, so, I concur with your predictions. It's now just a matter of when... 2010 or 2011.

Interesting you push silver higher by a larger fraction (silver following oil's price increase). I do not disagree but I would like to understand the relationship better. I hold more silver than gold so I am all for this.


On May 11 12:35 PM 5142152-337 wrote:

> When $147 oil is a reality (again), gold will be $1470, and silver
> $47. And if you think that is a play on numbers, you are in for
> a RUDE AWAKENING! Why, because that will ONLY be the BEGINNING,
> my friends!
>
> Go buy some gold and silver! Now! Hell, I can't buy it ALL!!!!

Is Oil Going to $80 a Barrel?

Let's hope not but the "cap and traitors" have one thing very much in common with the former Bush Administration and VP Big Dick Cheney... they absolutely want to see $80... in fact their goal is $147 again like last year, however, the difference this time around is they have so much power that they will ensure that $147 oil does not result in a boom in domestic development of petroleum reserves.

Could Cap and Trade Still Happen?

"Cap and Traitors" are only of the following small minority groups:

EPA employees who are ready to kill, literally, to control our lives (kill because they know all about and are in favor of far higher energy costs that they know implicitly will result in suicides due to financial hardship and deaths due to malnutrition across the US) and so that the EPA can grow massively large and pay its employees a huge premium

Enviro-terrorists who have the same aim as the EPA but on a deeper level

US government in general as this tightens its noose on our lives and allows it to grow from all the stolen citizen dollars

Canadian Energy Dollars

Hopefully you were kidding, otherwise you are a useless holocaust denial type and of no value to humanity as such.


On May 08 04:10 PM Amish Rake Fighter wrote:

> On May 08 12:17 PM Chris Who Says Barney Frank is a Moron wrote:
>
>
> Moo...moo, I say

Book Review: Great Depression Ahead

My main concern in the Depression Deux is how we hold the local tax collectors at bay so they do not take our homes to support ever rising pension and health care and compensation demands of unionized government workers. If you read all the state hoopla about what they are cutting it never gets into cutting those outrageous stolen "entitlements".

Let's hope it does not come down to the towns and cities needing to show up with a kevlar coated SWAT Team of unionized police each time they try to steal a home from a homeowner. T