August 25, 2011
— Monty
[I'm kind of busy this morning, so I'm afraid this is just going to be a link-dump. Sorry.]
The "meh" CBO report is even more "meh" than expected.
Steve Jobs calling it a day as CEO of Apple.
Why the Eurobond idea is stupid.
Looking forward to AmericaÂ’s next credit downgrade.
That whole Greek loan-collateral dustup in Europe is getting worse.
Keynesian economics versus regular economics.
There are two ways to view Keynesian stimulus through transfer programs. It's either a divine miracle—where one gets back more than one puts in—or else it's the macroeconomic equivalent of bloodletting.
Marcellus Shale “bonanza” not such a bonanza after all.
Gold -- the worldÂ’s currency. (But it did fall to earth a bit.)
I wondered how long it would be before some moonstruck Donk with fond misremembrances of FDR would trot out the “bring back the WPA!” line, and lo! so it happened.
Regarding the desire for a WPA-style jobs plan: Why not use spoons?
How QE2 went wrong. Technical, but interesting if youÂ’re into that kind of thing.
This whole article could be replaced with five words: AND THEN A MIRACLE HAPPENS!
“Kill the quants before they kill us.”
Reminder: A VAT is a bad idea if you're a fan of small government.
UPDATE 1: Deficits mean nothing! Spend! Spend like the wind, you wingnut gun-toting Jesus-shouting slope-heads!
------------------
"So then I said, 'I'll give you a quarter if you smell that cat's butt', and the kid said, 'Show me the money first'. Long story short, the kid has a shiny new quarter and I've got a precious moment preserved in pictures."
Posted by: Monty at
04:29 AM
| Comments (122)
Post contains 266 words, total size 4 kb.
But, she can't fool my e-mail account
Posted by: franksalterego at August 25, 2011 04:35 AM (7/sDI)
Posted by: zmdavid at August 25, 2011 04:37 AM (sNBnJ)
There may be some rounding involved. Also 2007-8 (the ones with budgets passed by Democrat Congresses) were really bad compared to the first 6 years.
Posted by: Methos at August 25, 2011 04:42 AM (sOXQX)
Expectation was 405k, so yeah. Expect the most popular word in economic stories for two and a half years running to make an appearance today.
Posted by: Methos at August 25, 2011 04:44 AM (sOXQX)
A VAT is a bad idea if you're a fan of small government.
Any tax fuels big government. The WSJ has seriously downgraded itself lately.Posted by: Vic at August 25, 2011 04:44 AM (M9Ie6)
I'm off to the hardware store to reinforce Paul Krugman's broken glass fetish.
Posted by: fluffy at August 25, 2011 04:44 AM (4Kl5M)
Posted by: Empire of Jeff is in BEAST MODE at August 25, 2011 04:45 AM (lbo6/)
As for the VAT, all of the countries circling the bowl right now have this in common: High entitlement spending, low defense spending and high taxation, including VATs. And yet, swirl they do.
If the stupid party wasn't quite so stupid, they could be ripping the rock star euro tour and point out that this is where Obama gets his brilliant ideas. 'Do we want to end up like the EU?'
Posted by: Blue Hen at August 25, 2011 04:45 AM (6rX0K)
Because "Shut Up". That's how.
Posted by: MSDNC, covering for the God King at August 25, 2011 04:45 AM (sxq57)
Posted by: Empire of Jeff is in BEAST MODE
When are you not in beast mode? That's a compliment BTW.
Posted by: Blue Hen at August 25, 2011 04:46 AM (6rX0K)
Some of the stuff almost sounds like a eulogy.
Posted by: Retread at August 25, 2011 04:49 AM (BO5ap)
Posted by: nevergiveup at August 25, 2011 04:50 AM (i6RpT)
>>>>I have a serious question. It is widely reported that Obama has added $4 trillion of debt in 2.5 years, as much as Bush did in 8. But I remember the Bush years, and the annual deficits never exceeded .5 trillion, the worst one was 400 billion. To accumulate 4 trillion, you would need to average 500 billion for all 8 years. So how did Bush add 4 trillion when his worst deficit was less than the average? It does not add up.
Didn't he spend a Trillion in 2008 with Tarp?
Posted by: Ben at August 25, 2011 04:51 AM (wuv1c)
Posted by: Empire of Jeff at August 25, 2011 04:51 AM (lbo6/)
Posted by: Velvet Ambition at August 25, 2011 04:52 AM (0OJd9)
Screw the Red Sox too. Youkilis is an insufferable prick with a lousy pretentious batting stance.
Posted by: grognard at August 25, 2011 04:53 AM (xMJlE)
For a little while. Post a few years of negative GDP 'growth' and let's see where we wind up.
Posted by: Methos at August 25, 2011 04:54 AM (sOXQX)
>>>>>CNBC is devastated that Jobs resigned. You'd think the family dog died or something. Some of the stuff almost sounds like a eulogy.
Well it pretty much is. I'm guessing he's near death.
Also it is a shame because whether or not you like apple or not, it's a great company that puts out great and innovative products that people like and buy voluntarily.
It doesn't need massive government subsidies to function and it's a well run company that doesn't remain stagnant like say Microsoft.
I'm not an apple person myself, other than the ipod, but they clearly produce quality products. I got my first ipod in 2002 and it lasted me until about 3 months ago when some jackass stole it from my car.
It's a great American company and a lot of (most?) of its success is due to Steve Jobs. He's essentially an Ayn Rand type character. Someone who produces because that's what he knows how to do best.
Posted by: Ben at August 25, 2011 04:55 AM (wuv1c)
Youkilis is an insufferable prick with a lousy pretentious batting stance.
If that's all you got on Youk, I'd say he's livin' large.
Posted by: Sean Bannion at August 25, 2011 04:55 AM (sbV1u)
Posted by: Empire of Jeff at August 25, 2011 08:51 AM (lbo6/)
There's meds for that, right?
Posted by: Sean Bannion
That would be the scotch.
Posted by: Blue Hen at August 25, 2011 04:56 AM (6rX0K)
http://en.wikipedia.org/wiki/File
eficits_vs._Debt_Increases_-_2009.pngPosted by: zmdavid at August 25, 2011 04:57 AM (sNBnJ)
Posted by: Blue Hen at August 25, 2011 08:56 AM (6rX0K)
I would suspect that for Jeff, Scotch is akin to tap water.
He'd still need some meds.
Posted by: Sean Bannion at August 25, 2011 04:58 AM (sbV1u)
Posted by: Alex at August 25, 2011 04:58 AM (J2ejK)
Posted by: zmdavid at August 25, 2011 04:58 AM (sNBnJ)
Posted by: Jimmah at August 25, 2011 04:59 AM (NIjD4)
Perverted pedophile followers of insane death cult declare east coast earthquake is warning from AlexÂ… or somebodyÂ… something like thatÂ… these are some award winning idiots. Kind of like the Indonesian tsunami was a message that their bonehead death cult was teh awesome.
Posted by: Hussein the Plumber at August 25, 2011 05:00 AM (jx2j9)
Posted by: Blue Hen at August 25, 2011 08:56 AM (6rX0K)
I would suspect that for Jeff, Scotch is akin to tap water.
He'd still need some meds.
Posted by: Sean Bannion
Really? Last time I had some, it darn near kilt me.
Posted by: Blue Hen at August 25, 2011 05:00 AM (6rX0K)
How many Americans are employed by Apple?
Are we counting patchouli smelling hippies at apple stores? Cause I would argue that they aren't even human.
Posted by: Alex at August 25, 2011 05:01 AM (J2ejK)
Posted by: Methos at August 25, 2011 05:05 AM (sOXQX)
Some of the stuff almost sounds like a eulogy.
That's because it is. I'm assuming that it's pretty much down to a few months, if that, for him.
If Irene hits NYC, the wailing and nashing of teeth and OMG CLIMATE CHAOS will be both hilarious and doomerific.
Posted by: alexthechick at August 25, 2011 05:06 AM (VtjlW)
How many Americans are employed by Apple?
Not sure, maybe 18,000 or so?
Does it matter?
GM employs some 90,000 people and have some 900,000 retirees, so by that metric they are a better company, but who would buy that garbage?
Posted by: Ben at August 25, 2011 05:06 AM (wuv1c)
Posted by: nevergiveup at August 25, 2011 05:06 AM (i6RpT)
Initial jobless claims at 417k. Oops.
Don't tell me, lemme guess....unexpedctedly. Right?
Posted by: Sean Bannion at August 25, 2011 08:42 AM (sbV1u)
You are correct!
(Bloomberg) Claims for U.S. unemployment benefits unexpectedly rose last week, pushed up for a second time by a labor dispute at Verizon Communications, Inc.
Yeah sure, the Verizon deal caused it to go up again
Posted by: TheQuietMan at August 25, 2011 05:06 AM (1Jaio)
Posted by: Methos at August 25, 2011 09:05 AM (sOXQX)
My firefox isn't.
Posted by: Tami at August 25, 2011 05:06 AM (X6akg)
Posted by: 1 * at August 25, 2011 05:06 AM (fooXq)
It's bad manners to give the eulogy before the corpse is a corpse, and CNBC would have us believe they are professionals.
It's just creepy, imo.
Posted by: Retread at August 25, 2011 05:07 AM (BO5ap)
(Bloomberg) Claims for U.S. unemployment benefits unexpectedly rose last week, pushed up for a second time by a labor dispute at Verizon Communications, Inc.
Yeah sure, the Verizon deal caused it to go up again
Posted by: TheQuietMan at August 25, 2011 09:06 AM (1Jaio)
Wait...what? Did the striking union members apply for unemployment!?
Posted by: Tami at August 25, 2011 05:07 AM (X6akg)
>>It's bad manners to give the eulogy before the corpse is a corpse, and CNBC would have us believe they are professionals.
Yeah fair enough, I hate Mitch Albom too.
Posted by: Ben at August 25, 2011 05:09 AM (wuv1c)
Posted by: Pennywise the clown at August 25, 2011 05:10 AM (2tTzd)
Posted by: zmdavid at August 25, 2011 05:12 AM (sNBnJ)
Well a declining housing market, declining industrual numbers, and an earthquake led to a +300 day in the Dow, so I assume a direct hit by a major hurricane to NYC can only be bullish.
Does it matter?
You characterized it as a great American company. Great + American, I think, only really matters in terms of how many of us it employs (usefully-folks making hybrids are probably not making the best possible use of their time). If you want to assert that it's stock is worth owning, you can probably make that case, I just think different language would be appropriate.
Posted by: Methos at August 25, 2011 05:14 AM (sOXQX)
Posted by: Retread at August 25, 2011 05:14 AM (BO5ap)
Posted by: steve h at August 25, 2011 05:16 AM (XHOAD)
Youkilis is an insufferable prick with a lousy pretentious batting stance.
If that's all you got on Youk, I'd say he's livin' large.
Posted by: Sean Bannion at August 25, 2011 08:55 AM (sbV1u)
Why would I need anything more? He's the poster boy for teaching little leaguers what not to do.
Posted by: grognard at August 25, 2011 05:16 AM (xMJlE)
Next, we'll be addressing the economy, economic indicators, and Irene.
Posted by: Joe Biden swinging wildly at DOOM at August 25, 2011 05:18 AM (/ZZCn)
Posted by: Tim Bernanke-Geithner, Ph.D. at August 25, 2011 05:18 AM (iRlbA)
Some of the stuff almost sounds like a eulogy.
Posted by: Retread at August 25, 2011 08:49 AM (BO5ap)
With the abruptness of his announcement, they may not be too far off the mark, just premature.
Posted by: Vashta Nerada at August 25, 2011 05:19 AM (0N5pL)
Posted by: Vic at August 25, 2011 08:52 AM (M9Ie6)
Well now I can really laugh at all my neighbors here in NJ who water their lawn
Posted by: nevergiveup
It looks like the left side of Irene will pass directly over Delaware sometime early Sunday, which should suck. And blow.
Posted by: Blue Hen at August 25, 2011 05:19 AM (6rX0K)
Why would I need anything more? He's the poster boy for teaching little leaguers what not to do.
Eh, you got a point. When I was in Little League, my coach had actually played for the Phillies at one time. I still hear his voice say about the same thing about my batting stance when I would go into my "Pudge Fisk" mode.
"Boyo, when you know all the rules, then I'll let you break some. Now do it my way."
Posted by: Sean Bannion at August 25, 2011 05:21 AM (sbV1u)
http://tinyurl.com/3ewugs8
Not only does she screw up "shoo-in" as "shoe-in," but she also says Scott Brown had the luxury of running as "the 51st vote against ObamaCare." Really? The Republicans had 50 votes back then? How'd the bill get passed, then?
This woman really needs to DIAF
Posted by: Griff at August 25, 2011 05:21 AM (Y3bhO)
Posted by: Jimmah at August 25, 2011 05:22 AM (NIjD4)
Posted by: zmdavid at August 25, 2011 05:23 AM (sNBnJ)
Posted by: Jimmuy at August 25, 2011 05:24 AM (JRjWw)
Posted by: Jimmuy
We'd be seeing him pack his trash and moving out of the White House. Doing it at the end of his term doesn't count.
Posted by: Blue Hen at August 25, 2011 05:26 AM (6rX0K)
And how would we know if Obama ever stopped being a stuttering clusterfuck of a miserable failure?
Unemployment would be 6%, we'd have a AAA credit rating, the DOW would be at 12,500 and Putin would keep his yap closed.
Posted by: Sean Bannion at August 25, 2011 05:27 AM (sbV1u)
Morning all!
Well, looks like Irene is tracking right up the East coast to my front door in central NH. Goodie. *sigh* If it makes it here and is still at serious strength, it'll be the first major hurricane to hit the area since Bob back in 1993, and Bob was really more of a trumped up storm than a major hurricane.
All y'all on the coast and inland, especially in the southeast, keep safe!
Posted by: MWR, Proud Tea(rrorist) Party Hobbit at August 25, 2011 05:27 AM (4df7R)
I know it's been said that Obama is a stuttering clusterfuck of a miserable failure but, is he still a stuttering clusterfuck of a miserable failure? And how would we know if Obama ever stopped being a stuttering clusterfuck of a miserable failure?
I think if we develop an average based on unemployment numbers, debt, GDP and tax rates and use Jan 2008 as baseline 0.0 We can graph just how much the SCoaMF is stuttering clusterfucking while being a miserable failure. Call it the SCoaMF index.
Posted by: Cu'Chulainn at August 25, 2011 05:28 AM (oW269)
On the Daily Beast! Really! Kinky Friedman says Perry easily displaces 10 million tons of SCOAMF. Quote, “If, however, I have a big problem, I ask G-d for the answer. He tells Rick Perry. And Rick tells me.”
Posted by: Hussein the Plumber at August 25, 2011 05:29 AM (jx2j9)
He was, is, and forevermore shall always be a SCoaMF. He must be stopped from practicing his profession for our "benefit". A resounding smack on his electoral ass in 2012 will do the trick, barring the Pubbies finding the stones to impeach his miserable ass.
Posted by: No Whining at August 25, 2011 05:29 AM (14/Yy)
Posted by: MWR, Proud Tea(rrorist) Party Hobbit at August 25, 2011 09:27 AM (4df7R)
Where are you? Hillsborough?
Posted by: Sean Bannion at August 25, 2011 05:30 AM (sbV1u)
To the NE morons, buy supplies now if you need them. Things will get hectic the closer the storm gets, especially if you're in a heavily populated area.
It never hurts to have extra water, dry goods, batteries for flash lights and an emergency radio/flashlight is always nice to have when the power and cable are out.
Posted by: Ben at August 25, 2011 05:31 AM (wuv1c)
Posted by: Mr Fever Head at August 25, 2011 05:31 AM (ZgvjV)
Where are you? Hillsborough?
Posted by: Sean Bannion at August 25, 2011 09:30 AM (sbV1u)
Merrimack county, just north of Concord.
Posted by: MWR, Proud Tea(rrorist) Party Hobbit at August 25, 2011 05:32 AM (4df7R)
Posted by: Methos at August 25, 2011 05:32 AM (sOXQX)
Morning all!
Well, looks like Irene is tracking right up the East coast to my front door in central NH. Goodie. *sigh* If it makes it here and is still at serious strength, it'll be the first major hurricane to hit the area since Bob back in 1993, and Bob was really more of a trumped up storm than a major hurricane.
All y'all on the coast and inland, especially in the southeast, keep safe!
Posted by: MWR, Proud Tea(rrorist) Party Hobbit at August 25, 2011 09:27 AM (4df7R)
In Sept., 1999 we moved into our new house in CT., the day Floyd hit. That was fun.
Posted by: Tami at August 25, 2011 05:32 AM (X6akg)
Leeches restore health in both instances!
Posted by: Medieval Medical Keynsians at August 25, 2011 05:33 AM (MMC8r)
Posted by: FRONT TOWARD LEFT at August 25, 2011 05:34 AM (cbyrC)
Merrimack county, just north of Concord.
Ah, I know the area. Good luck.
Get to Shaw's before all the toilet paper is gone. ;-)
Posted by: Sean Bannion at August 25, 2011 05:35 AM (sbV1u)
It never hurts to have extra water beer, dry goods hobo jerkey, batteries for flash lights the ladies and an emergency radio/flashlight gallon of Jameson 1780 is always nice to have when the power and cable are out.
Posted by: Cu'Chulainn at August 25, 2011 05:36 AM (oW269)
In Sept., 1999 we moved into our new house in CT., the day Floyd hit. That was fun.
Posted by: Tami at August 25, 2011 09:32 AM (X6akg)
You poor thing. Not only moving in a hurricane, but moving to Connecticut in a hurricane. That's like a double whammy.
My worst hurricane experience happened in 1984 during Hurricane Gloria. I was four years old, and I had eaten a peanut butter chip cookie our neighbors had given me. I was and still am deathly allergic to peanut, so there I was having an anaphylactic attack in the middle of a hurricane. My poor parents had to drive me to Concord Hospital, which was about half an hour away in good weather.
Fun times. Fun times.
Posted by: MWR, Proud Tea(rrorist) Party Hobbit at August 25, 2011 05:36 AM (4df7R)
Ah, I know the area. Good luck.
Get to Shaw's before all the toilet paper is gone. ;-)
Posted by: Sean Bannion at August 25, 2011 09:35 AM (sbV1u)
Hah! Way ahead of you. 
Shaw's, though, is too expensive. It's Hannaford or bust.
Posted by: MWR, Proud Tea(rrorist) Party Hobbit at August 25, 2011 05:37 AM (4df7R)
Buffet just bought BoA preferred stock for 5BILLION. Who says BoA didnt need cash?
it's all rigged, and we are all doomed
Posted by: trippy at August 25, 2011 05:38 AM (hafwJ)
Oh man, that link in the side bar is creepy and hilarious.
It looks like Gadahfi had a picture book filled with nothing but photos of Condi Rice in his bedroom.
I wonder if there was a bottle of Jergens and a box of tissue paper in the vicinity.
Posted by: Ben at August 25, 2011 05:39 AM (wuv1c)
Posted by: Watership Down AudioBook at August 25, 2011 05:40 AM (4YGd+)
Posted by: SCOMF audiobook at August 25, 2011 05:43 AM (326rv)
Posted by: Methos at August 25, 2011 05:46 AM (sOXQX)
Sure this country is DOOMed, but at least the goat herders are safe.
Posted by: Hussein the Plumber at August 25, 2011 05:46 AM (jx2j9)
We gots a tailor made scenario here for trouble, the earth is soft from all the rainfall. Since it's really sandy, guess what tips over in strong winds? Yes, all those lovely 60-70 ft tall oak trees. You know, the ones that provide shade in the back yard. Probably won't happen, but we would lose the garage and part of one bedroom, if the worst occurred. Not a good thing to contemplate.
Posted by: irongrampa at August 25, 2011 05:48 AM (ud5dN)
Posted by: DarkLord© sez Obama is a stuttering clusterf--- of a miserable failure
Oh, and F--- Nevada! at August 25, 2011 05:56 AM (GBXon)
And do it sooner rather than later. You don't want to get caught up in the traffic fleeing NYC.
Posted by: Methos at August 25, 2011 05:59 AM (sOXQX)
Posted by: Jean at August 25, 2011 06:03 AM (WkuV6)
Posted by: Jean at August 25, 2011 06:08 AM (WkuV6)
Posted by: Jean at August 25, 2011 06:11 AM (WkuV6)
Posted by: streetwiseprofessor at August 25, 2011 06:11 AM (sY2mG)
Pirates know stuff about Gold. We seize it at any opportunity, sometimes store it, sometimes sell it.
We know the landlubbers may sometimes want it, and sometimes not want it. When they want it, we sell it to them at the highest prices. When they do not want it, we sieze more gold and wait.
Eventually the landlubbers always want it. Pirates know this.
Posted by: Pirate Pelf Lucre at August 25, 2011 06:14 AM (wN82N)
Posted by: Jean at August 25, 2011 10:11 AM (WkuV6)
Every top thread becomes "open" after the 50th comment. The Cheney thread is above 50 now.
Posted by: Vic at August 25, 2011 06:16 AM (M9Ie6)
We'd be seeing him pack his trash and moving out of the White House. Doing it at the end of his term doesn't count.
Posted by: Blue Hen at August 25, 2011 09:26 AM (6rX0K)
Oh, he'd still be a SCOAMF, he just wouldn't be inflicting his SCOAMFery on us anymore.
Posted by: Insomniac at August 25, 2011 06:21 AM (v+QvA)
As with any intervention, you get a bump. Then people figure out why the intervention was necessary and some of them get out while the bump is still there. I think FBN said the deal leaves Buffet the option of purchasing shares in January at around $7.14 each (or maybe that was the deal-there are a number of ways to manipulate a stock's price, I'm just assuming he outright bought $5B from BoA), I don't think that'll look like such a deal when the time comes.
Posted by: Methos at August 25, 2011 06:22 AM (sOXQX)
Posted by: Methos at August 25, 2011 09:32 AM (sOXQX)
I don't know much but BAC was supposedly having trouble raising money. At ZH, the comment was this indicates they were locked out of raising capital any other way.
They also insisted they had no problems, but then, why would they be issuing preferred shares to Buffett?
Even better question: Why would Buffett buy? Answer: BAC is to-big-to-fail and Buffett is counting on a bailout. Since he is buddies with JEF, I'd bet he has been assured that a bailout will happen.
This is part of the reason for economic uncertainty - no one has ANY idea what the government will do. Normally if you though a bank like this was having big time problems you could short it like mad, but with Uncle Sam stepping in, but doing so irregularly, you have no idea if you might be wiped out when the taxpayers are driven to the rescue.
Posted by: blindside at August 25, 2011 06:25 AM (3Uns6)
Wait...what? Did the striking union members apply for unemployment!?
Posted by: Tami at August 25, 2011 09:07 AM (X6akg)
Yes, they are claiming that's the reason why the unemployment number unexpectedly went up
(CNBC) Striking Verizon workers filed 8,500 claims for jobless benefits last week, after submitting 12,500 applications the previous week, which covered the period for the August nonfarm payrolls survey.
That suggests that the strike would have a negative affect on the payrolls count, which will be reported on Sept. 2.
I didn't think that striking workers are eligible for unemployment. Of course I didn't think that illegals could get government benefits.
Posted by: TheQuietMan at August 25, 2011 06:29 AM (1Jaio)
Posted by: Methos at August 25, 2011 06:32 AM (sOXQX)
The American people have sent a clear message "No more bailouts" ...
Ah, who the fuck am I kidding, If Obama wants another couple of trillion to help out our banker buddies, you all know we'll give it to him, no strings attached.
Posted by: Boehner/McConnell at August 25, 2011 06:35 AM (sOXQX)
(CNBC) Striking Verizon workers filed 8,500 claims for jobless benefits last week, after submitting 12,500 applications the previous week, which covered the period for the August nonfarm payrolls survey.
That suggests that the strike would have a negative affect on the payrolls count, which will be reported on Sept. 2.
I didn't think that striking workers are eligible for unemployment. Of course I didn't think that illegals could get government benefits.
Posted by: TheQuietMan at August 25, 2011 10:29 AM (1Jaio)
I thought their unions had cash reserves to support members during strikes or something like that.
Posted by: Insomniac at August 25, 2011 06:36 AM (DrWcr)
$7.93 and plummetting.
Buffet intervention=FAIL
Posted by: Methos at August 25, 2011 10:36 AM (sOXQX)
This price drop is simply unWarren-ted.
Posted by: Insomniac at August 25, 2011 06:37 AM (DrWcr)
$7.93 and plummetting.
Buffet intervention=FAIL
Posted by: Methos at August 25, 2011 10:36 AM (sOXQX)
This price drop is simply unWarren-ted.
Posted by: Insomniac at August 25, 2011 10:37 AM (DrWcr)
Your pun ability Hathaways to go.
Posted by: Methos at August 25, 2011 06:39 AM (sOXQX)
Posted by: DJIA Death Watch at August 25, 2011 06:41 AM (GTbGH)
I didn't think that
striking workers are eligible for unemployment.
Posted by: TheQuietMan at August 25, 2011 10:29 AM (1Jaio)
That's what I thought too which is why I was so surprised.
Posted by: Tami at August 25, 2011 06:41 AM (X6akg)
ZH has a running theory that intervention half lives have been markedly decreasing over the last two years. It looks like Buffett's given them more evidence.
Posted by: Methos at August 25, 2011 06:49 AM (sOXQX)
Posted by: steevy at August 25, 2011 09:46 AM (pV6cO)
Posted by: SDN at August 25, 2011 07:13 PM (TbMg1)
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Posted by: weew at August 25, 2011 04:31 AM (7RbIF)