Wake me up when there is net positive job growth.

This is good, the economy is heading in the right direct, but I am wondering if by November of 2010 there will be actual net job growth.

Rumor has it that the admin is cooking the books. The truth will come out.

As I learned under Bush, this number could be two things:

1) People are getting work

2) People are remaining unemployed for so long that their benefits dry up.

AKA, kinda useless number by itself.

Make this title bigger!!!

posted by panchovilla

"Rumor has it that the admin is cooking the books. The truth will come out."

Yeah, in the places where you get your news, rumor has it that Obama wants to kill your grandma.

The liars can't stand good news.

It looks like Beirut Bonzo's post-depression record is safe.

Yeah, in the places where you get your news, rumor has it that Obama wants to kill your grandma.

No, it is Obama's guitar that want's to kill your mama. His guitar wants to kill your granny.

Meaning more people's unemployment ran out so they are removed from the count. Itsa Clinton trick, which Shrub and Obama continued.

It is still a loss and part is off set by the growth in Summer employment....see what this looks like in Oct.

Nut,
I figured that was probably the case in my #3. Glad you agree. I didn't know Clinton did it too, but I am not surprised. Each administration continues the successful lies from the previous one.

This is not good News for the idiotic Right Wing nuts at FOX an the Republican Party. No matter what President Obama does these people will not be satisfied. Not because he is incapable of the Job but because he is BLACK!!!!!

Make no mistake if President Obama had put up a CONSERVATIVE REPUBLICAN for Justice of the court he would have had opposition from the rank an file RACIST that dominate the Republican Party.

Fox News an the Republican Party have for the past 6 months literally 24/7 been attacking the president an what ever he has planned to get this Country out of the mess that the last Administration left. For 8 years FOX NEWS found litterly nothing to complain about the BUSH Administration Policies, but for every day since President Obama had taken office they do nothing but complain about all of his policies. This is HYPOCRISY to the MAX....

Danni, Celisary, and all the other pom-pom wavers should Nutcase's #8.

READ Nutcase's #8.

At least it didn't go UP however.

The liars can't stand good news.

#5 | Posted by danni

You consider this good news? Wow, it doesn't take much to impress you I see.

At least it didn't go UP however.

#14 | Posted by LIVE_OR_DIE at 2009-08-07 11:46 AM

That is the good news in this story. We should not speak of the fall, but the fact that it hasn't risen.

Meaning more people's unemployment ran out so they are removed from the count. Itsa Clinton trick, which Shrub and Obama continued.

#8 | Posted by nutcase at 2009-08-07 11:40 AM

This is nothing more than speculation on your part.

If what you say were true, then Fox will be all over it.

2) People are remaining unemployed for so long that their benefits dry up.

--------------

A rate of decline doesn't measure number of unemployed.

Make no mistake if President Obama had put up a CONSERVATIVE REPUBLICAN for Justice of the court he would have had opposition from the rank an file RACIST that dominate the Republican Party.-Celisary

Okay, Celisary, I'm going to have to call you out on this one. Like I said yesterday, I have nothing but respect for your history with civil rights, but saying that racists dominate the republican party is not only insulting it is bullshit. I'm a white male conservative and when people make broad statements like this I can not help but be offended.

Even though I know who I am and I know I'm not a racist, I can't help but feel that comments like these are directed at me. I mean, if you feel this way you must believe that almost all republicans are racist and that includes me, more than likely. If you would state the truth and say something like the fringe elements who are racist it would be a different matter. Not all white males are racist, but you seem to think that we are. Oh, and why only republicans? Do you honestly believe that there are no racists on the left side of the aisle?

This is nothing more than speculation on your part.

which part?

that it goes back to Clinton or that the labor dept stops counting people at some point?

that should be verifiable.

All Republicans are necessarily racists but the Republican Party has and still does depend on racism to increase their numbers and give them a chance of winning elections. Nixon invented it, it was known as the southern strategy. The south is still the area that votes Republican and to pretend that racism has nothing to do with that is just ridiculous.

All Republicans are necessarily racists but the Republican Party has and still does depend on racism to increase their numbers and give them a chance of winning elections.

how do the republicans do this?

please enlighten us

My bad, it should have read All Republicans are not necessarily racists....

247,000 people lost their job.
The economy is turning around.
247,000 people will now head for foreclosure and repossession of the cars they just bought thanks to clunkers-law.

"That decline in the labor force can be due to discouraged job seekers who have stopped looking for work, people who now consider themselves retired or those have gone back to school rather than applying for jobs."

Yeah, that's possible...

"You can't lose jobs and have the unemployment rate decline unless folks are opting out," said Tig Gilliam.

How about that.

"The average hourly work week edged up to 33.1 hours, from a record low of 33.0 hours in June. The number of workers who wanted full-time work but could only find part-time jobs fell by 191,000, or 2%. That suggests that many workers who had their hours cut or were given unpaid days off in the current downturn are going back to full-time status."

It could also suggest that, with many layoffs, more hours are being worked by those that still have their jobs for those companies. My brother just got laid off after his hours increased. Another round of cuts. Those remaining our getting increased hours.

-Unemployment is probably worse than we think.

Wishful Repube thinking.

I'll take the unemployment numbers for what they are....IF the economy turns around, watch for all the tarp money currently hoarding in the banks to hit the market, driving massive inflation, skyrocketing interest rates, and a whole new round of massive unemployment....At which point our Fuhrer will say something to the effect of "we knew this was going to happen", and watch the supermajorities evaporate in 2010....

Wishful Repube thinking.

#26 | Posted by Corky at 2009-08-07 12:09 PM

Politically speaking, as this is a political blog, many GNOPers would be thrilled to have lagging job numbers into the rest of next year in order to improve their chances in the '10 election.

And that is to what I was referring.

My bad, it should have read All Republicans are not necessarily racists....

Posted by danni

neither are all blacks!

And that is to what I was referring.

#29 | Posted by Corky at 2009-08-07 12:18 PM

Celisary and Danni
I think just about everyone is getting a little tired of the race card crap. If you are white and disagree with Obama you are automatically labeled a racist. How is that not racism in itself? What was the percentage of blacks that voted for Obama? Anyone could use your logic and say the only reason they did not vote for Mcain was because he was white. Get over it.

"I think just about everyone is getting a little tired of the race card crap."

I don't give a crap what you are tired of, the truth is still the truth.

I think just about everyone is getting a little tired of the race card crap.

I don't necessarily go to the zoo to watch monkeys rub shit on their own face but I will stop and watch if they are willing to do it in front of me.

the same goes for people like danni who try and convince us that the republicans work harder than dems at playing the race card.

I guess some people like shit in their face.

"Unemployment is probably worse than we think."

I agree but still the indicators can still tell us whether unemployment is rising or falling. When it says that it fell from 9.5 to 9.4 I think it probably indicates that it fell from 15.5 to 15.4.
The thing is though that the numbers reported all during the Bush administration were also way under the real numbers too.

It could also suggest that, with many layoffs, more hours are being worked by those that still have their jobs for those companies. My brother just got laid off after his hours increased. Another round of cuts. Those remaining our getting increased hours.

#25 | Posted by Petrous

I know that's the case where I work. In march the company laid off 20% of the workers here, next month they are closing the office in India but to replace those lost jobs, they are interviewing for 6 new people (about 1/20th of the people laid off). In the mean time, everyone left has to pick up the work left behind by the laid off. At the same time we were told all our salaries are frozen for the year. So, 2x the work, 2x the hours, but same yearly pay...We all got pay cuts.

I don't think we are the only company to have this story.

STicks and stones Eberly, but without racism the REpublican Party would be even smaller than it already is and would have a majority in even fewer states.

My bad, it should have read All Republicans are not necessarily racists....

#23 | Posted by danni

Boy, that really clears it up and is so different from what Celisary said. You are still insinuating that most republicans are racists. And I suppose you believe none reside on your side of the porch? At any rate, anyone with your mindset can go fuck themselves as far as I'm concerned.

Talk about broad brushing it.

Danni your comment about the South makes sense, too many rednecks there that can be easily swayed but people like Celisary add to the problem by making broad statements about racism that help to actually increase it.

Can't be good news, it has to be a lie. There must be some trick, some manipulation. I just won't believe it.....

That's the kinda thinking that allowed dems to kick ass in the last congressional and presidential elections. The fact will be that if a recovery takes place(which it sure appears to be doing now) it will be the single worst thing that could happen for republicans. An economic recovery, followed with no attacks on American soil, it must really suck to be a righite now!!

LM

Danni,
I would say the racist label actually hurts the GOP. I know, for example, my parents would be Republicans, but hate their stance on social issues. I am pretty sure my parents can't be the only ones.

if there was any truth to it Danni and the repubs stopped using racism then how would that hurt them?

If blacks weren't being told to be afraid of republicans (by democrats) then some of them might switch sides.

the racism card has to be played by the dems in order to keep blacks on their side of the fence. It is their fight to lose. not the repubs.

I don't give a crap what you are tired of, the truth is still the truth.

#33 | Posted by danni

It is not the truth simply because your narrow mind believes it to be. None of my republican friends are racists. You know? This is such a bullshit discussion. I shouldn't even be addressing your tripe. You believe what you want. You're going to anyway. The real truth is the incredible amount of closet racists that are democrats.

"You are still insinuating that most republicans are racists."

No, I wouldn't say most, but enough to make a difference in all presidential elections since Nixon. I don't think though that most are overt KKK types, most of them are not haters but just don't want a black person in the presidency.

Rumor has it that the admin is cooking the books. The truth will come out.

#2 | Posted by chickenrancher at 2009-08-07 09:53 AM | Reply | Flag: Rightwing Conspiracy Goon...

Several of the posts above are right. The Right is obsessed with tearing down this man. They will cite just about any reason other than the Real reason, that they are Racist goons, for tearing down anything Obama does. Don't even give the man half a chance to prove himself.

Now I'm not saying there hasn't been pain. For there has, and in some quarters quite a bit. And I'm not saying that this will automatically lead to
a total recovery, because that would be a ridiculous overstatement at this time....BUT...may
I remind you that HIS administration has just taken the Worst Economy anyone has been handed since the Great Depression, and in less than a year, in about
200 days in fact, has (by most eyes) started to turn this sad ass debacle he was handed around, and has it headed in the right direction...

No wonder the Right is absolutely Shrill in their hatred for him, in their absolute NEED to tear him down.

btw....they did the same thing w Clinton w Mr. Starr and the whole Lewinsky thing. They had to tear Clinton down...why? because he cheated on his wife?..no, look deeper...because he was the first President in like 40 years to give us a Budget Surplus, turning around the huge Deficits of Reagan and Bush Sr.

G.O.P. has not changed one wink since the 1980's...
distraction, division, fear mongering, and obstruction, these are their hallmarks...and sadly (other than the large deficits they gave us)... their only legacy...

Finally - some good news!!!!

Told ya so.

Back to placing executives and making a ton of dough.

Have fun bitching and moaning naysayers! Gotta Go.

If blacks weren't being told to be afraid of republicans (by democrats) then some of them might switch sides.

the racism card has to be played by the dems in order to keep blacks on their side of the fence. It is their fight to lose. not the repubs.

#42 | Posted by eberly

No, I wouldn't say most, but enough to make a difference in all presidential elections since Nixon.

Like I said, some people actually love to rub shit in their own face.

most of them are not haters but just don't want a black person in the presidency.

#44 | Posted by danni

You're just flat out wrong. This isn't 1960. Racists are in the minority now. I don't know a single person who is upset that a black man is president. It is your biased and backwards thinking that has you believing what you say. And just because you say it does not make it so. In fact, because YOU say it it more than likely means it is not so.

Ok Earthdirtball, I'm sure by just disagreeing with you I am simply a racist goon. Simpleton logic.

Blacks can clearly see which party has their best interests at heart and it isn't the right.

#48 | Posted by jackass

Which is why the welfare state was created which hurt blacks worse than any other program or person ever has.

Blacks can clearly see which party has their best interests at heart and it isn't the right.

and your evidence are two websites.

get back to your cage jackass. another monkey just dropped a fresh one for you to smear on yourself.

EVERLONG you may not know a single person who will admit that is why they object to Obama but they do. They hide behind birth certificates, etc. but anyone with an ounce of intelligence knows it's code.
We have a right winger here where I work, he would deny he is racist right after he whines about all the lazy black folks living off the government. He actually thinks he fools his fellow workers, he doesn't.

We have a right winger here where I work,

more evidence being displayed.

Me thinks some of the "non-racist" righties protesteth too much.

99% of Blacks I know are Democrats. To be honest It's probably 100%. And I know lots of blacks having lived in ATL. They all knew that the republicans were primarily composed of white bigots. The blacks I knew wouldn't even claim Clarence Thomas because he is such a disgrace to their race.

"I don't know a single person who is upset that a black man is president." - Everlong

I'll bet there are quite a few posters on the DR who do. Starting with Johnson. I know quite a few people (in reality) who state that very unequivocally.

"and your evidence are two websites."

How about straight from the horse's mouth?

Republican National Committee Chairman Ken Mehlman apologized to one of the nation's largest black civil rights groups Thursday, saying Republicans had not done enough to court blacks in the past and had exploited racial strife to court white voters, particularly in the South. "It's not healthy for the country for our political parties to be so racially polarized," said Republican National Committee Chairman Ken Mehlman. "Some Republicans gave up on winning the African-American vote, looking the other way or trying to benefit politically from racial polarization," Mehlman said at the annual convention of the National Association for the Advancement of Colored People. "I am here today as the Republican chairman to tell you we were wrong." Mehlman's apology to the NAACP at the group's convention in Milwaukee marked the first time a top Republican Party leader has denounced the so-called Southern Strategy employed by Richard Nixon and other Republicans to peel away white voters in what was then the heavily Democratic South. Beginning in the mid-1960s, Republicans encouraged disaffected Southern white voters to vote Republican by blaming pro-civil rights Democrats for racial unrest and other racial problems.

"EVERYLONG"...."FISHPAW"....I have never ever said that everyone in the Republican Party is "RACIST." What I have said an believe that the Republican Party since the days of Richard Nixon has used the so called "SOUTHERN STRATEGY" as a way to separate the Races to win elections. The Republicans are reaping what they have sowed by making themselves attractive to all the RACIST out there.

Be honest with yourselves, why the Hell do you think that the SOUTH is the headquarters for the Republican Party? Look at a map of this Country an follow how they are voting. The Democrats lost the South when President Lyndon Johnson signed both the CIVIL RIGHT ACT AND THE VOTING RIGHT ACT IN THE MID 1960'S. At the time of the signing LBJ said flatly that because of these new Laws the Democrats would lose the South for Generations to come, well was he right or what???????

As for RACIST DEMOCRATS, all you have to do is look to BOSTON, an many of the States of the NORTH, clearly Racism knows no bounds. There are Racist in both Parties no doubt, but in this last election many of the Racist in the Democratic Party moved over to the Republicans because they just couldn't vote for a BLACK man. I have heard this from member of my own Family so this is not just a guess it happened.

Get your facts straight, opinions you can have, but FACTS just don't change because you may want them to.......

Eberly if you have Sirius listen to Mark Thompson on Sirius Left. 5-8 EST every single day. He will inform you on why the right is evil. He called you all terrorists this week.

How about straight from the horse's mouth?

that isn't the body part I was thinking of where that all comes from.

so I guess that settles it, the republicans, according to Ken Mehlman, are apologizing.

I can't imagine that they would apologize and expect any consideration for that unless they expect you to believe that they have turned over a new leaf?

Do you accept the apology from Ken Mehlman?

I don't give a crap what you are tired of, the truth is still the truth.

#33 | Posted by danni

JOKES THAT CAN BE TOLD IN CHURCH

Attending a wedding for the first time, a little girl whispered to her
mother, 'Why is the bride dressed in white?''
The mother replied, 'Because white is the color of happiness, and today is
the happiest day of her life.'
The child thought about this for a moment then said, 'So why is the groom
wearing black?'

The thing is though that the numbers reported all during the Bush administration were also way under the real numbers too.

#35 | Posted by danni at 2009-08-07 12:31 PM

Nanc is your typical republican and she has countless times made underhanded racist remarks about Obama and blacks in general.

99% of Blacks I know are Democrats. To be honest It's probably 100%. And I know lots of blacks having lived in ATL. They all knew that the republicans were primarily composed of white bigots. The blacks I knew wouldn't even claim Clarence Thomas because he is such a disgrace to their race.

#57 | Posted by jackass

how many of them still smoke weed, too?

Bani some not all. I don't see anything wrong with it.

He called you all terrorists this week.

#61 | Posted by jackass at 2009-08-07 12:55 PM

I don't give a crap what you are tired of, the truth is still the truth.

#33 | Posted by danni

An elderly woman died last month. Having never married , she requested no
male pallbearers. In her handwritten instructions for her memorial
service , she wrote, 'They wouldn't take me out while I was alive, I don't
want them to take me out when I'm dead.'

Bani some not all. I don't see anything wrong with it.

#67 | Posted by jackass

just another sign of spiritual immaturity ~ that's all

Okay, I'll stop you from rubbing shit in your faces now.

My point was that racism, like abortion, is a wedge issue.

You can't have a wedge issue unless both sides agree to participate in it.

Mehlman is apologizing in an effort to pander to them. Much like folks such Jackson, Sharpton try to ignite the issue when possible.

Of course there are racists who are repubicans. Who can argue that?

Danni's original stupid and incorrect point about playing the race card was why I took this further.

It's impossible that the republicans play the race card more than the dems to win elections. They get very little of the black vote anyway. If the dems can't keep blacks afraid of republicans then their base is GONE.

The debate rages for the same reason abortion does.

stupid sheep believe there is a real difference in the 2 parties......there isn't. All wedge issues illustrate that.

Celisary, I'm sure that a large percentage of black voters voted for Obama simply because he was black and I'm saying that is just as racist as the rednecks that did not vote for him because he was black.

stupid sheep believe there is a real difference in the 2 parties......there isn't. All wedge issues illustrate that.

Posted by eberly

there is in some areas...but as long as the FED retains its powers over Congress & the Presidents ~ not much will change in the long run.

Wars brings profits to the elites

"so I guess that settles it, the republicans, according to Ken Mehlman, are apologizing." [...] "Mehlman is apologizing in an effort to pander to them."

So I guess that makes him a racist and a liar. And the head of the RNC at the time.

So I guess that makes him a racist and a liar. And the head of the RNC at the time.

why would a racist apologize Jackass?

or danforth, I can't keep the 2 of you straight anymore.

We have added 1/4 million to the un-employment line last month and we have NOT added 1/4 million jobs. Do the MATH!!!!!!

Make this title bigger!!!

posted by panchovilla

#4 | Posted by member2586 at 2009-08-07 11:35 AM | Reply | Flag:

Instead of getting all maudlin, why don't you answer my last post on this thread:

"I'm sure that a large percentage of black voters voted for Obama simply because he was black and I'm saying that is just as racist as the rednecks that did not vote for him because he was black."

Racism is the belief that one group is superior to another based on color.

If black voters voted for Obama because because is black, there is no connection to racism. Just voting for their own.

If rednecks voted against Obama because he is black, there is a distinct possibility that occurred because they believe blacks are inferior. Therefore, racism could exist there.

I'm sure that a large percentage of black voters voted for Obama simply because he was black ...
#72 | Posted by fishpaw

I don't think so.

Percentage of the Black vote:

Obama - 95%
Kerry - 88%
Gore - 91%

"Okay, I'll stop you from rubbing shit in your faces now."

Apparently, Eberly's strategy in debates is to post no facts, make some stupid off color remaks, be proven wrong by Danforth and then to pretend he somehow won.

Apparently, Eberly's strategy in debates is to post no facts, make some stupid off color remaks, be proven wrong by Danforth and then to pretend he somehow won.

It is an assist at best IMHO.

Apparently, Eberly's strategy in debates is to post no facts, make some stupid off color remaks, be proven wrong by Danforth and then to pretend he somehow won.

I asked questions that neither you nor Danforth can answer because you are obviously wrong. Danforth proved nothing. IN fact, he wishes he could retract his Ken Mehlmen statements because those comments prove the opposite of what you and he are trying to "believe".

You are nuts (seriously) if you think it is even possible for the republicans to play the race card more than the dems.

And yes, I did make off color remarks in the process.

"You are nuts (seriously) if you think it is even possible for the republicans to play the race card more than the dems."

Willie Horton was a Republicain?

I think the epitome of racism was demonstrated when Ronnie Raygun kicked off his campaign from Philadelphia, Mississippi.

"You are nuts (seriously) if you think it is even possible for the republicans to play the race card more than the dems."

Riiight. As if we were too dumb to figure out what "real Americans" meant.

1 event 30 years ago.

you win

:-(

"1 event 30 years ago."

Sarah Palin's rallies were hardly 30 years ago.

"IN fact, he wishes he could retract his Ken Mehlmen statements because those comments prove the opposite"

Huh? Mehlmann admitted the Republicans had actively used racist policies for years and years.

"Danforth proved nothing."

I didn't need to. Mehlmann did it for me.

Huh? Mehlmann admitted the Republicans had actively used racist policies for years and years.

Yeah. I know. That wasn't the point. Danni has said that republicans can't win an election without playing the race card and that isn't true. Yes, the race card has been played at times.

But it has been played way more by the dems because they have to pander to their base.

In any case, when you accept his apology then we can accept the rest of what he said.

The liars can't stand good news.

#5 | Posted by danni at 2009-08-07 11:38 AM | Reply | Flag: Douche Bag danni strikes again

... used chiefly for vaginal lavage and for enemas

You have to be a sucker to believe anything the BLS publishes, or any government agency for that matter. Chris Martension observes:

The headline number is 247,000 jobs lost.
Normally in January and July, the BLS cleans up past overstatements in the birth-death estimates.
They should have added 837,000 jobs. Instead they subtracted 32,000 jobs.

In addition, 637,000 were dropped from the labor pool, not because they had jobs.

Unemployment should have increased to 9.8%.

This is how your government screws you.

"Every week, we get more Treasury sales

"Every quarter, we get bigger debt auctions

"And every month, we get worse budget news, presaging an even bigger flood of debt down the road.

"Treasury now expects the U.S. national debt to bump up against the so-called debt "ceiling" of $12.1 trillion in the final quarter of 2009. Now as we all know, that ceiling is a joke. Whenever we hit it, Congress just increases it!

"Tax receipts are set to plunge 18 percent this year, the biggest decline since 1932 during the Great Depression. Individual taxes are off 22 percent year-over-year, while corporate revenue has plunged 57 percent."

"The Fed bought nearly half of LAST WEEK'S 7 year Treasury Issuance TODAY."

not good...

here's more...

"Federal Reserve doesn't know where $1.5 trillion went" - analyst
By: poorrichard

The US media's attempts to use the Freedom of Information Act to find out which banks received financial bailouts were blocked, said legal analyst Nicole Kardell, and the Federal Reserve doesn't know the answer itself.

The feds are selling us out. This chart shows the falling dollar.

The feds are selling us out. This chart shows the falling dollar.

US$ BREAKDOWN

Um err, take a look at foreign currency values vs the dollar for the past two months. The dollar is kicking some ass. Somethings not right with your research, RAY. Yea it's gone down, but everything runs in cycles. Right now it's in an uptrend for the dollar and the conservative traders who have all but abandoned the Forex are getting their asses handed to them on a gold platter.

The dollar is worth what the people think it is worth, not what Rush or Beck or the Irishmen think. Remember that.

This is the lull before the storm. Don't get complacent. The auto industry and others have a temporary infusion.

If you live in urban areas just examine the freeways. In Los Angeles, they have the traffic they used to have on state holidays. My visit was not reassuring.

Is there really a 16% unbempoyment rate if discouraged people are included?

And check the Food Stamp rolls.

The US media's attempts to use the Freedom of Information Act to find out which banks received financial bailouts were blocked...

That's why we adopted the federal reserve system. If global investors knew what the US insiders know it would destabilize an already out of balance market even more, overnight.

If you want to keep you eye on the ball, watch the interaction of the foreign exchange. These are the big money players. They know where the money will likely go up in value because they understand the game better then the average player.

One thing is for sure, the big money in America is not going to lose this game, just the small time investors that believe what the best paid spokesmen in the country want them to believe.

Yea it's gone down, but everything runs in cycles.
#95 | Posted by RingMaster

The dollar has been in a long term downward trend since Nixon took it off the gold standard in 1971. The inevitable long term trend of all inflated currencies is towards zero. In this environment of multi-trillion dollar deficits and monetized debt, the death of the dollar is a matter of time. And not a long time either.

Many other countries are in bad financial shape too. I can't begin to guess how this will end. Only that it will be ugly.

Subject: Bob and Ray

Two guys with their tool boxes were standing at the base of a flagpole,
looking up.
A blonde woman walked by and asked what they were doing.

"We're supposed to find the height of this here flagpole," said Bob, "but
we didn't bring no ladder."

The woman took a wrench from their tool box, loosened a few bolts, and
laid the pole down. Then she took a tape measure from them, took a
measurement, and announced, "Eighteen feet, six inches," and
walked away.

Ray shook his head and laughed.
"Ain't that just like a blonde?! We ask for the height
and she gives us the length!"

Bob and Ray are currently working for the government helping to
fine tune the "stimulus package."

You have to be a sucker to believe anything the BLS publishes, or any government agency for that matter. Chris Martension observes:

The headline number is 247,000 jobs lost.
Normally in January and July, the BLS cleans up past overstatements in the birth-death estimates.
They should have added 837,000 jobs. Instead they subtracted 32,000 jobs.

In addition, 637,000 were dropped from the labor pool, not because they had jobs.

Unemployment should have increased to 9.8%.

www.chrismartenson.com

#91 | Posted by Ray at 2009-08-07 06:24 PM |

I was thinking the same thing. How could we lose so many jobs and see unemployment go down. Obama is cooking the numbers.

lol, 3rd grade math . . .
the unemployment rate can ONLY INCREASE till jobs are ADDED

The dollar has been in a long term downward trend since Nixon took it off the gold standard in 1971.

No, that's not true. It has gone up and down.

Ray was most likely referring to Aug 15th 1971 when Nixon declared to the world we were now an empire by using the falling dollar as US's vehicle to tax the world by not having it pegged to gold...

Nixon Ends Bretton Woods International Monetary System

And having a secret with the Arabs to receive dollars for their oil (Petrol Dollar) ...hence Saddam's greatest crime was to switch to Euros...

July Job Losses Down Significantly- Republicans Accuse Nation's Employers of Conspiring to Make Obama Look Good (Andy Ostroy)

#105 | Posted by SanAntonioRogue at

They need to get their shit straight, Michael Steel says it's because Obama is failing.

No, that's not true. It has gone up and down.

#102 | Posted by RingMaster

That's a common misconception that currencies can float up and down relative to each other for an indefinite time. What they are all doing in fact is losing value relative to commodities. Imagine a team of parachustists jumping out of a plane at the same time. Their rates of descent may vary, but eventually they will hit the ground.

You can get a sense of the loss of purchasing power by comparing prices decades ago to today. I remember when gas cost 30 cents a gallon and a Chevy cost $3,000 in 1960. Inflation always - no exceptions - ends up in the complete devaluation of the currency. No government in all history has been able to control its spending when they can manufacture money at will.

The dollar has lost 95% of it's value since 1913 when the Federal Reserve began. It's in its final years now.

#107 | Posted by Ray

You forgot to mention that FDR confiscated all privately held gold and gold certificates to keep it from collapsing under his administration and that this act was extended in the Patriot Act. Unless you hold antique coins they can do it again. Gotta love these people looking out for our best interest.

The FDR consfiscation is another issue. The US was on the gold standard at that time and FDR needed the extra gold to expand the money supply. It also had something to do with bailing out England, but I can't recall the details at the moment.

It's not widely known that the confiscation exempted $100 worth of gold, about four ounces. Compliance was high even though very few households had that much gold.

The kind of people who own gold today would not be so cooperative. Gold and guns; perfect together.
If confiscation is a concern, silver is a good alternative.

Maybe it is more that we are running low on jobs to be lost...not that there would not be more jobs to lose..but, there is a point where after the big monthly waves, there is less to lose anymore..thus, the monthly numbers will automatically drop.. does not mean that the economy is getting better by any means..
can not believe this administration would provide any more credible information than it's history in 200+ days has proven....

Rumor has it that the admin is cooking the books. The truth will come out.

#2 | Posted by chickenrancher at 2009-08-07 09:

lets remember back when the rate was 4 point something
the left here told us that number was INCOMPLETE because it didnt count the people who had STOPPED looking for work

and GUESS WHAT....this number doesnt include THOUSANDS OF people who are unemployed and are not LOOKING anymore...at least thats the way I understood it when the left told us that bush's numbers were a lie
to be fair..ON FOX a lady who was in the bush admininstration said that this didnt really 'cook the books' which is what we said to COUNTER the lefts attacks at that time

isnt it something when the left uses the rights arguments and NOW the right uses the lefts answers to those same statements from the left..

"and the music goes round and round and round"