August 05, 2011
— Geoff Unemployment rate time, Obama style!! How do you add
Yes, it's the first Friday of the month, and the Bureau of Labor Statistics just released the unemployment rate for July - 9.1%. Not much changed from last month (9.2%) or the month before (9.1%). Here's how that graphs up:
Geithner's "pulled out of his hiney" unemployment projection from almost a year and a half ago appears to be holding up pretty well. As I said at the time, though, showing that sort of projection without a solution should have gotten him fired. And the fact that we've closely tracked his projection in the 17 months since tells you that nothing the administration has done has affected the unemployment rate. Which means the lot of them should be fired.
But I'm pretty sure you were already planning to do that.
[Would do a little more data mining, but the BLS historical statistics are down.]
Posted by: Geoff at
05:49 AM
| Comments (277)
Post contains 177 words, total size 1 kb.
Posted by: knob at August 05, 2011 05:51 AM (qKPU8)
Posted by: MJ at August 05, 2011 05:51 AM (BKOsZ)
Posted by: Bevel Lemelisk at August 05, 2011 05:52 AM (FkKjr)
Posted by: ParisParamus at August 05, 2011 05:54 AM (c6XLj)
Posted by: nickless at August 05, 2011 05:55 AM (MMC8r)
Posted by: phoenixgirl at August 05, 2011 05:55 AM (eOXTH)
Your chart shows it dropping below 8 percent in the 4th Quarter 2012.
It seems like most financial analyst have the UE number around 8.5% late into 2012.
Why are you so optimistic?
Posted by: Ben at August 05, 2011 05:55 AM (wuv1c)
Posted by: Entrenched liberal intelligencia, still employed at August 05, 2011 05:56 AM (K2wpv)
Posted by: TheQuietMan at August 05, 2011 05:56 AM (1Jaio)
disregard my question at 8. I just noticed the key and that the projection is turbo timmeh's
Posted by: Ben at August 05, 2011 05:57 AM (wuv1c)
Your chart shows it dropping below 8 percent in the 4th Quarter 2012.
That's Geithner's prediction (as it states on the chart. Ahem), not mine.
Posted by: geoff at August 05, 2011 05:58 AM (CpBYB)
Posted by: Paul Krugman at August 05, 2011 06:00 AM (BKOsZ)
Geoff, if you need the data, I have it in a spreadsheet and can email it to you.
MJ:
I want to plot full-time non-ag employment off the "A" series, and full-time non-ag employment divided by the civilian labor force, going back to 2007.
Posted by: geoff at August 05, 2011 06:00 AM (CpBYB)
Posted by: SantaRosaStan, waiting...... at August 05, 2011 06:01 AM (UqKQV)
Posted by: nickless at August 05, 2011 06:01 AM (MMC8r)
Posted by: phoenixgirl at August 05, 2011 06:04 AM (eOXTH)
I haven't heard much about this, but I wonder if demographic changes are also driving the workforce participation rate down Racial and ethnic minority subgroups have lower workforce participation rates and higher unemployment rates. As a larger percentage of the workforce (and particularly the entering work force) is made up of these subgroups, we would expect the overall employment rate and participation rate to fall. Any data on this?
Combine this with an aging population, and there are some reasons not to expect the participation rate to touch the highs of the last few decades. It still will take more than this anemic growth, however, to gain any ground with the unemployment rate, low participation or not.
Posted by: Paper at August 05, 2011 06:06 AM (IvlIt)
Posted by: Killerdog at August 05, 2011 06:07 AM (B2CFv)
Posted by: Paul Krugman at August 05, 2011 06:09 AM (BKOsZ)
Posted by: Truman North at August 05, 2011 06:09 AM (K2wpv)
Posted by: DJIA at August 05, 2011 06:11 AM (ENKCw)
Ah. I've invented a shovel and a broom that stand up on their own. I'm expecting Obama's Stasi to pay me a visit any day now...
Posted by: Bilbo Ball Bag at August 05, 2011 06:11 AM (EL+OC)
It is error alone which needs the support of government. Truth can stand by itself.
~Thomas Jefferson, Notes on Virginia
Posted by: CharlieBrown'sDildo (NJConservative) at August 05, 2011 06:11 AM (LH6ir)
Posted by: Jean at August 05, 2011 06:13 AM (v9wwx)
It is error alone which needs the support of government. Truth can stand by itself.
~Thomas Jefferson, Notes on Virginia
Men be actin' like zombies at the mall
-Thomas Jefferson, Post-it Note Observations.
Posted by: Ben at August 05, 2011 06:14 AM (wuv1c)
If this is as good as they can get torturing the data then we must really, really be in deep doo-doo.
Posted by: DocJ at August 05, 2011 06:15 AM (g8ibn)
Posted by: Guess who! at August 05, 2011 06:17 AM (RD7QR)
Posted by: Barack Hussein Obama at August 05, 2011 06:18 AM (FjH98)
Don't worry about format, as I will process them all through SpinMaster, DemagoguePlus, and HateRhetoric101 software first.
Posted by: TOTUS has become self aware at August 05, 2011 06:19 AM (ENKCw)
I like to bash Keynes as much as anybody, but I do feel a little sorry for the guy. One point of his approach was that government runs a surplus in good times to have spare cash to stimulate in the bad times. This is so far away from what the modern practitioners of Keynesianism do, it's almost no direct parallel.
Of course, the thought of a political class sitting benignly atop a pile of money, saving it for a rainy day is almost Marx-like in its idealistic simplicity...
Not to mention the ecomomic effects of government bleeding the country to fill its piggy bank.
Posted by: nickless at August 05, 2011 06:19 AM (MMC8r)
You know how folks back in the 80s (and to this day) made fun of Reagan for calling "ketchup" a vegetable, because that way ketchup as a part of school lunches could be counted toward a healthy vegetable serving? I somehow think calling several hundred thousand "jobs" -- which aren't in fact "jobs" of any sort -- "new jobs" is a million times more damaging to the fabric of America. Unemployment numbers that go down are more a reflection of people who aren't even looking anymore than a reflection of people who have found work. But does the average functionally illiterate Democrat voter (BIRM) realize that? Answer: No. Because they are functionally illiterate Democrats (BIRMA).
I'm just a stupid plebeian female. I don't understand all this difficult politics stuff. *twirling hair.* I mean, call me crazy, but maybe this could be some sort of... I dunno... talking point?
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 06:21 AM (4df7R)
Posted by: Barack Obama at August 05, 2011 06:21 AM (b7V3N)
Not to mention the ecomomic effects of government bleeding the country to fill its piggy bank.
Which is exactly why Social Security is pay-as-you-go - they couldn't pull that much money out of the system without throttling the economy, so it got spent on infrastructure.
Posted by: Bevel Lemelisk at August 05, 2011 06:22 AM (FkKjr)
Drones + Missles + ATMs = Jobs!
Posted by: Barack Hussein Obama at August 05, 2011 06:23 AM (FjH98)
Posted by: Jeff at August 05, 2011 06:23 AM (b7V3N)
Posted by: Truman North at August 05, 2011 10:09 AM (K2wpv)
Sigh.
What happened with the Asian markets yesterday? I was down and out with a killer headache and didn't get to check.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 06:24 AM (4df7R)
[Would do a little more data mining, but the BLS historical statistics are down.]
Coincidence? Yeah, I don't think so.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 06:25 AM (4df7R)
via drudge
Posted by: curious at August 05, 2011 06:27 AM (k1rwm)
They sank, Europe is doing the same today. The Prozac hasn't worked so far on our markets, they're all over the place.
Posted by: Retread at August 05, 2011 06:28 AM (BO5ap)
Posted by: Vashta.Nerada at August 05, 2011 06:29 AM (eW+UG)
But...who is Ezra Klein? And why is he so profoundly stupid? Was he dropped on his head as a child? Did he go to Harvard?
Posted by: CharlieBrown'sDildo (NJConservative) at August 05, 2011 06:29 AM (LH6ir)
link
Posted by: curious at August 05, 2011 06:30 AM (k1rwm)
Posted by: Vashta.Nerada at August 05, 2011 10:29 AM (eW+UG)
Interesting idea. I think we should examine this in more detail, although I'm not sure that the readers of this blog will be that involved in the discussion. It seems sort of wonkish.
Posted by: Department of Axioms at August 05, 2011 06:32 AM (LH6ir)
But...who is Ezra Klein? And why is he so profoundly stupid? Was he dropped on his head as a child? Did he go to Harvard?
'
He's a very popular Lefty. I think Ace has fisked him more than once
Posted by: Ben at August 05, 2011 06:32 AM (wuv1c)
Posted by: Havedash at August 05, 2011 06:32 AM (sFD5n)
We're seeing, in real time, exactly what "progressivism" does to an economy.
We hear everything from this administration except what has been proven to work. I read where some Washingon spokes-idiot said that the public wanted to stop hearing so much about the debt debacle and wanted to hear more about jobs. Yeah, that's all we want, is to hear about jobs.
Laser-like focus, people, laser-like...and what does a powerful laser do to any object it's focused on?
Anyone?
Bueller?
Posted by: BackwardsBoy at August 05, 2011 06:33 AM (d0Tfm)
Posted by: Bevel Lemelisk at August 05, 2011 09:52 AM (FkKjr)
Expect revisions. Bad revisions.
Posted by: robviously at August 05, 2011 06:34 AM (UeZGr)
Posted by: Erving Johnstone at August 05, 2011 06:35 AM (48wze)
Posted by: Jean at August 05, 2011 06:36 AM (v9wwx)
Posted by: Havedash
It could be fun to watch the fuckup follies regain consciousness adn focus on Europe. They tax people and regultae more than we do (in most cases), their social welfare spending is far higher, their defense spending (boo! hiss!) is far lower and they have a wonderful VAT in almost all of the countries of the EU. And they never had a eeeeeevvvvvviiiiilll Booooooosh. And they love Obama. At least when they have rallies. If he stepped out onto a soccer pitch in Spain they'd throw garbage at him. And they are circling the bowl.
I love pointing this out.
Posted by: Blue Hen at August 05, 2011 06:36 AM (6rX0K)
I was joking. My point is that he is unimportant. His credentials and experience scream "dilettante," not "expert."
Posted by: CharlieBrown'sDildo (NJConservative) at August 05, 2011 06:36 AM (LH6ir)
He's a real fucking tool, in love with himself, part of the WaPo stable of tools
Posted by: dr kill at August 05, 2011 06:37 AM (le5qc)
Laser-like focus, people, laser-like...and what does a powerful laser do to any object it's focused on?
Are you saying we can use Lasers against the ATMs?
I never thought of that...
Posted by: Barack Hussein Obama at August 05, 2011 06:37 AM (FjH98)
Posted by: Lemmiwinks at August 05, 2011 06:38 AM (pdRb1)
Posted by: Erving Johnstone at August 05, 2011 06:39 AM (48wze)
Posted by: Barack Hussein Obama at August 05, 2011 06:39 AM (FjH98)
Posted by: The Schwalbe : © at August 05, 2011 06:41 AM (UU0OF)
Posted by: Jean at August 05, 2011 06:41 AM (v9wwx)
We should let this dysfunctional moron government remove more money from the private sector and pump it into the disastrous welfare state. Oh wait - I mean, let's not.
I suggest the "MATT DAMON SAVE OUR ECONOMY PLAN"
Tax Matt Damon pays upwards of 90-95% tax rate for 5 years. All of leftwing hollywood, out of charity to their beloved Obama, do the same.
America - saved!
Posted by: Lemon Kitten at August 05, 2011 06:42 AM (0fzsA)
2-years into a "recovery" and we're getting an "adjusted" +117K and a 9.1% FUNemployment rate - at a time when we should be peaking with job growth and dipping quickly with unemployment rates.
If this is as good as they can get torturing the data then we must really, really be in deep doo-doo.
The media have a responsibility to not give equal time to all this bad economic news.
Posted by: John Forbes Kerry at August 05, 2011 06:42 AM (AT52Q)
"Recent trends still look perilously close to stall speed for economy ... 40% odds on a recession"
Participation rate 63.9%
@davidmwessel: employment-population rate down to 58.1%, lowest since '83
Posted by: 80sBaby at August 05, 2011 06:42 AM (o2lIv)
Posted by: Erving Johnstone at August 05, 2011 06:43 AM (48wze)
HA has the Bloomberg link that explains the 0.1 drop in the unemployment rate
Bloomberg:
The jobless rate declined as 193,000 people left the labor force and the number of unemployed dropped by 156,000. The share of the eligible population holding a job declined to 58.1 percent, the lowest since July 1983.
Posted by: mrp at August 05, 2011 06:45 AM (HjPtV)
He claims they have on detailed profile over 8 Million people that will come under immediate investigation, with charges all ready to be filed, should some event come to pass.
What he is saying is just chilling. I need to re-read the transcript. Thor is just freaked out about this and says his contacts in LE and the intellegence community are saying they are horrified.
He says you aren't leaving a digital footprint, you are leaving a digital shadow, meaning they know exactly where you are.
Gah! I'm about ready to go off grid. How to? How to? I can't do without my Ace of Spades!
Posted by: Derak at August 05, 2011 06:45 AM (c2iYJ)
We should let this dysfunctional moron government remove more money from the private sector and pump it into the disastrous welfare state. Oh wait - I mean, let's not.
I suggest the "MATT DAMON SAVE OUR ECONOMY PLAN"
Tax Matt Damon pays upwards of 90-95% tax rate for 5 years. All of leftwing hollywood, out of charity to their beloved Obama, do the same.
America - saved!
Posted by: Lemon Kitten at August 05, 2011 10:42 AM (0fzsA)
Instead of mentally masterbating these hollywood libtards, I'd love to see a "journalist" as these pompous squat-to-pee liberals like Damon to put up or stfu - and don't allow them to spin on how much they give to charities.
Posted by: Havedash at August 05, 2011 06:46 AM (sFD5n)
Posted by: Erving Johnstone at August 05, 2011 06:47 AM (48wze)
Posted by: Things retards say at August 05, 2011 06:47 AM (pdRb1)
Posted by: Jules Winnfield at August 05, 2011 06:48 AM (4Kl5M)
# 74 - From Howie Carr in todayÂ’s Boston Herald :
Yet this tax year, the Web site reported, you Obamas claimed $373,289 in itemized deductions. Had you merely used the standard deduction of $11,400, you could have jacked up your taxable income by $361,889. You could have paid — excuse me, “invested” — another $126,661 in income taxes. Money that would be used . . . for the children. You and the rest of the moonbats keep saying we need a “balanced” approach to solving the deficit problem. I agree we need balance — everybody who thunders about raising other people’s taxes should balance their rhetoric by paying more themselves, voluntarily.
Posted by: John Forbes Kerry at August 05, 2011 06:49 AM (AT52Q)
Posted by: Debbie Blabbermouth Shitz at August 05, 2011 06:49 AM (48wze)
the Bureau of Lies, Damn Lies and Statistics is used phantom numbers from the 'birth-death' scam they've been pulling
Posted by: SantaRosaStan, waiting...... at August 05, 2011 06:49 AM (UqKQV)
What's The Carney going to say today... "Oh, I wasn't talking about these spiffy new jobs, I meant all those millions of other jobs that didn't get created... sorry if I wasn't clear about that. Obama damn well created these puppies you're hearing about this morning - right in the Oval Office! With his mind."
Posted by: sherlock at August 05, 2011 06:49 AM (U+goV)
HA has the Bloomberg link that explains the 0.1 drop in the unemployment rate
Yes - I alluded to that in the 2nd sentence. What Bloomberg doesn't tell you is that that 200K drop in the labor force was especially surprising given the 400K increase in the civilian noninstitutional population.
Posted by: geoff at August 05, 2011 06:49 AM (CpBYB)
Posted by: 80sBaby at August 05, 2011 06:50 AM (o2lIv)
I found myself wondering if we didn't develop this software what western government did.
years ago, my friend, the floor trader, kept saying that the brits were trying to take over and have london be the go to place, not NY, wonder if it is the brits?
Posted by: curious at August 05, 2011 06:51 AM (k1rwm)
Posted by: 80sBaby at August 05, 2011 06:53 AM (o2lIv)
But...who is Ezra Klein? And why is he so profoundly stupid? Was he dropped on his head as a child? Did he go to Harvard?
'
He's a very popular Lefty. I think Ace has fisked him more than once
Posted by: Ben at August 05, 2011 10:32 AM (wuv1c)
He's some 27 year old wunderkind, basically the liberals' latest "Chosen One" but this time for the editorial page and not the White House. He's still hopelessly vapid and incompetent like the other "Chosen One" though.
Posted by: robviously at August 05, 2011 06:54 AM (UeZGr)
Geithner is Goldstein -- Soon the chocolate ration will be increased
Posted by: SantaRosaStan, waiting...... at August 05, 2011 06:55 AM (UqKQV)
Carter: Ring...Ring: Hello Jimmy Carter speaking. Barry that you with the heavy breathing???
Obama: Shhhhhhhhhhh...Not so loud. I need some help from you
Carter: Sure Barr, what's up.
Obama: What do I do next with this shitty economy that Bush created.
Carter: Nothing, just ride it out...You will be OK...trust me and keep blaming Bush
Obama: Wow, Thanx Jimma...good advice
Carter: What a cum-stain this guy is. Soon he will be so bad that I will look like a great ex-president. What a dumb-shit this Obama guy is. Hey Roslyn guess what.............
Posted by: Barry O-Blow-Me at August 05, 2011 06:55 AM (48wze)
Well, the front page of Bing is trumpeting the unemployment rate of 9.1 percent as "good news". As opposed to the sub-5 percent numbers under Bush, which was Great Depression part II..
Posted by: Damn Sockpuppet at August 05, 2011 06:56 AM (YmPwQ)
Posted by: curious at August 05, 2011 10:51 AM (k1rwm)
as asked yesterday ( but not answered ) :
Were you dropped on your head as a child?
Posted by: SantaRosaStan, waiting...... at August 05, 2011 06:56 AM (UqKQV)
Yet this tax year, the Web site reported, you Obamas claimed $373,289 in itemized deductions. Had you merely used the standard deduction of $11,400, you could have jacked up your taxable income by $361,889. You could have paid — excuse me, “invested” — another $126,661 in income taxes. Money that would be used . . . for the children. You and the rest of the moonbats keep saying we need a “balanced” approach to solving the deficit problem. I agree we need balance — everybody who thunders about raising other people’s taxes should balance their rhetoric by paying more themselves, voluntarily.
This is something that people need to point out in the media. People like Bill Gates, Warren Buffet, Matt Damon, Obama and all democrats claim they aren't paying enough taxes all the while they aren't even paying at nominal tax rate.
They are all in the 36% tax bracket, but through itemization they get down into the low 20s high teens.
Every person who advocates for higher taxes should be asked if they itemize their deductions and if so, why?
Posted by: Ben at August 05, 2011 06:56 AM (wuv1c)
Carter: What a cum-stain this guy is. Soon he will be so bad that I will look like a great ex-president. What a dumb-shit this Obama guy is. Hey Roslyn guess what.............
Obama: Uh, Jimmah, you didn't hang up the phone. I can still hear you.
Posted by: BackwardsBoy at August 05, 2011 06:57 AM (d0Tfm)
It may be early in the campaign season, but the Communist Party USA already has seen fit to endorse Barack Obama for the 2012 election.
[Â…CPUSA chairman Sam] Webb said that for communists there are major differences between Democrats and Republicans. He urged his supporters to continue to back the Democrats.
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 06:59 AM (UOM48)
Which means that the economy will be treading water at best and if we get some kind of huge shock to the system, say another energy price surge or some incident in the Middle East...there will be only chaos.
Posted by: Kratos (Ghost of Sparta) at August 05, 2011 07:01 AM (9hSKh)
Posted by: Barky the Orator at August 05, 2011 07:01 AM (/ZZCn)
They had to stop blaming the Japanese earthquake and tsunami eventually. It was getting passe.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:01 AM (4df7R)
Posted by: Havedash at August 05, 2011 07:02 AM (sFD5n)
"Sometimes when I look at my children, I say to myself, Lillian, you should have stayed a virgin."
-Lillian Carter
I remember traveling to Plains when Jimmuh was in office, and stopping with a friend at Billy's gas station. We bought a six-pack of Billy Beer to take back to Atlanta.
It tasted like pee.
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:02 AM (UOM48)
Posted by: John Q. Public at August 05, 2011 07:02 AM (ZgvjV)
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 11:02 AM (UOM4
Like I'd imagine pee to taste. 
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:03 AM (UOM48)
Posted by: curious at August 05, 2011 10:51 AM (k1rwm)
Um, you are thinking of one of two things: Either London attempting to reclaim its place as the center of world finance (you may recall the British Empire circa 1700-1914) by taking advantage of our increasingly burdensome regulatory schemes, or Tony Blair's "Cool Britannia" bullshit back before 9/11. So, no, nothing to do with Google SkyNet.
Posted by: A Balrog of Morgoth at August 05, 2011 07:03 AM (agD4m)
They had to stop blaming the Japanese earthquake and tsunami eventually. It was getting passe.
Actually, the Tsunami might have saved our asses. Those Japs build all sorts of automated machinery and robotics that are robbing Americans of their jobs!
Posted by: Barack Hussein Obama at August 05, 2011 07:03 AM (FjH98)
Did anyone ever tell Zero, "If you bone it, own it"? Why not?
Posted by: Marybel at August 05, 2011 07:05 AM (Hic+o)
Any AOSHQ projections?
My own: An 11% "official" rate by the end of 2011. Unofficial rates much higher. Demunists, like Eurotrash, will have more of the same hair of the dog that bit us.
Suppose we do get a President Palin/Bachmann/Perry/heck even Ron Paul in 2013. As real welfare reform is re-enacted (extending UnEmployment benefits forever sort of undid what was accomplished in the 1990s), watch as (1) new "official" and more accurate UE rates go up a little bit and (2) watch the Demunist apparatchiks in the media have a Commiecrat Cryfest about that.
Posted by: Curmudgeon at August 05, 2011 07:05 AM (ujg0T)
Posted by: 80sBaby at August 05, 2011 07:06 AM (o2lIv)
Posted by: curious at August 05, 2011 07:08 AM (k1rwm)
Posted by: A Balrog of Morgoth at August 05, 2011 07:08 AM (agD4m)
Posted by: Havedash at August 05, 2011 11:02 AM (sFD5n)
I can't help you with where to invest, I'm afraid, but I can give you some advice on what not to invest in:
1) Corporate jets
2) ATMs
3) Corporate jets (this cannot be overstated)
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:08 AM (4df7R)
btw, how stupid is Jay Carney?
Yesterday he shoulda said of course the president is responsible for creating jobs!
(but only creating, not losing)
Posted by: Soothsayer at August 05, 2011 07:09 AM (G/zuv)
When Jimmah Cartah admitted consulting Chelsea Cartah on nuclear proliferation, I knew at that moment that all was lost.
That would be Amy Cahtah. A ginger, and not an attractive one.
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:09 AM (UOM48)
Any thoughts from the moron hoard on where to invest to make some money?
Precious metals and commodities until the 2012 elections. If those are good (meaning more *real* GOP candidates get elected and fewer RINO pussies) then go immediately back to "paper asset" stocks and bonds.
I know Real Estate has been tanked, but if the Commiecrats are going to stagflate again, and if the RINOs roll over and accommodate, I would get back into real estate. (Of course this is so localized, "your mileage may vary" as the car commercials disclaim).
Posted by: Curmudgeon at August 05, 2011 07:09 AM (ujg0T)
Carter: What a cum-stain this guy is. Soon he will be so bad that I will look like a great ex-president. What a dumb-shit this Obama guy is. Hey Roslyn guess what.............
Obama: Uh, Jimmah, you didn't hang up the phone. I can still hear you.
Carter: The funniest thing about this is, you'll still follow my advice. Ya'll have a good day.
Posted by: Blue Hen at August 05, 2011 07:10 AM (326rv)
Posted by: curious at August 05, 2011 11:08 AM (k1rwm)
Oh God, ANOTHER presser? The shitweasel in the Oval Office sure loves to hear himself talk, doesn't he?
How much sunshine is he going to try to blow up the collective asses of the American people to make them believe that (allegedly) 9.1% unemployment is a GOOD thing?
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:10 AM (4df7R)
Posted by: BackwardsBoy at August 05, 2011 07:10 AM (d0Tfm)
why does he insist on speaking while the markets are open?
and he's really late? hangover?
Posted by: curious at August 05, 2011 07:11 AM (k1rwm)
Posted by: Farmer Vincent at August 05, 2011 07:12 AM (lZwor)
Update: On TV this morning, there was chatter about an S&P downgrade of the US after the close.
This is a rumor that's going around, but there's real no basis to it, other than what people are talking about.
In our original post we incorrectly stated that a Barclays analyst had acknowledged the possibility.
However the analyst, Barry Knapp, did not say anything on the matter.
Posted by: 80sBaby at August 05, 2011 07:12 AM (o2lIv)
it's getting comical.
Posted by: curious at August 05, 2011 07:12 AM (k1rwm)
Precious metals and commodities until the 2012 elections. If those are good (meaning more *real* GOP candidates get elected and fewer RINO pussies) then go immediately back to "paper asset" stocks and bonds.
Posted by: Curmudgeon at August 05, 2011 11:09 AM (ujg0T)
I've bought and sold some silver. Made a nice profit. I'm thinking about buying in again. Gold is too 'spensive for me right now.
Posted by: Havedash at August 05, 2011 07:12 AM (sFD5n)
Posted by: President Wiley Coyote at August 05, 2011 07:12 AM (agD4m)
Posted by: curious at August 05, 2011 11:08 AM (k1rwm)
I would love it if one day Obama called for one of these pressers at 11am, and nobody showed up until at least 11:15. I mean no one. No press folks, no Administration officials, and of course not Obama. Just to prove once and for all that our Preznit really doesn't give a tinker's damn about respecting other people's time and patience, and that no one expects him to change.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:13 AM (4df7R)
Posted by: President Chet Roosevelt at August 05, 2011 07:14 AM (CmU3O)
Posted by: 80sBaby at August 05, 2011 07:14 AM (o2lIv)
I suggest the "MATT DAMON SAVE OUR ECONOMY PLAN"
Tax Matt Damon pays upwards of 90-95% tax rate for 5 years. All of leftwing hollywood, out of charity to their beloved Obama, do the same.
Insty's been suggesting that for months now. GOP, are you listening?
Posted by: Ian S. at August 05, 2011 07:15 AM (tqwMN)
Posted by: Ian S. at August 05, 2011 07:15 AM (tqwMN)
Posted by: Barry O-Blow-Me at August 05, 2011 07:16 AM (48wze)
and he's really late? hangover?
Posted by: curious at August 05, 2011 11:11 AM (k1rwm)
Oh God, I hope it's a hangover. I can just picture a pissy (more so than usual), bleary-eyed (more so than usual), headachey Obammy up on stage just letting loose. "You know what? Fuck this shit. If you all are too stupid to appreciate all I've done for you people, then you can all go to hell! Suck it, losers! I'm going home!"
Somehow the MFM would still find a way to make him come out smelling like a rose.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:16 AM (4df7R)
Posted by: curiousity at August 05, 2011 07:17 AM (c45xH)
Posted by: Barry O-Blow-Me
"Oh all right, I'll take just one question.......Why yes, he did fly into Washington on a private jet. What an odd question. You should be thanking me."
Posted by: JEF at August 05, 2011 07:17 AM (6rX0K)
Wonder if he even went to bed?
Posted by: curious at August 05, 2011 07:17 AM (k1rwm)
Posted by: Barry O-Blow-Me at August 05, 2011 07:18 AM (48wze)
Fire them? No.
But if things get ugly in Europe and someone in that crew comes out with "We are all Greeks now," then forcibly retire anyone over age 51.
Posted by: FireHorse at August 05, 2011 07:18 AM (gTGz3)
Posted by: Haiku Guy at August 05, 2011 07:18 AM (jYjQj)
How much sunshine is he going to try to blow up the collective asses of the American people to make them believe that (allegedly) 9.1% unemployment is a GOOD thing?
The WH said this morning was encouraging, which they would be alone in that assessment.
I refuse to listen to Dear Leader, for the sake of my blood pressure.
Posted by: 80sBaby at August 05, 2011 07:18 AM (o2lIv)
Posted by: Barack Hussein Obama at August 05, 2011 07:19 AM (c45xH)
You know how folks back in the 80s (and to this day) made fun of Reagan for calling "ketchup" a vegetable, because that way ketchup as a part of school lunches could be counted toward a healthy vegetable serving?
Unnoticed was how the Demunists in farming areas voted for that too. I remember then local and now deceased Demunist congresscritters, Bob Matsui and Vic Fazio, posturing in their oh so phony Demunsit way, only to endorse such a policy. (Sacramento has tomato canneries and lots of local farming of same).
Matsui and Fazio were notorious for that sort of crap: public pronouncements of "nuclear freeze" appease and surrender resolutions, followed by private lobbying for expansions of the Army Depot, Travis, McLellan and Mather Air Force bases, and Aerojet missile contracts.
Posted by: Curmudgeon at August 05, 2011 07:19 AM (ujg0T)
Posted by: Weew at August 05, 2011 07:19 AM (7RbIF)
You could remove all of Hollywoods wealth and pour it into the public pension system of CA - and there might actually be a dent. And the plus++ is that the hardcore leftists in hollywood WANT to do this. So they should!
Posted by: Lemon Kitten at August 05, 2011 07:20 AM (0fzsA)
"Oh all right, I'll take just one question.......Why yes, he did fly into Washington on a private jet. What an odd question. You should be thanking me."
Posted by: JEF at August 05, 2011 11:17 AM (6rX0K)
"And by employing Mr. Madoff I have also made a magnanimous gesture toward our incarcerated community, who I trust will vote for me in spades come the next election.
"What's that? Prisoners can't vote? Oh, Jake Tapper, you scamp. That's what YOU think.
"And furthermore, Mr. Madoff's appointment to Treasury Secretary has helped to lighten the load on our already overflowing prison population. You're welcome, America. You're welcome."
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:20 AM (4df7R)
Posted by: A Balrog of Morgoth at August 05, 2011 07:21 AM (agD4m)
You want a meme, Republicans? How about this one:
According to the Obama-"Tax Cheat" Geithner's own projections, if they had not enacted the stimulus, unemployment right now would be edging below 8%. In other words, Obama's policy that cost us $1 trillion in new debt also, according to his own projections, cost 1.5 million people their jobs.
Obama... Wasting Your Money, and Killing Your Jobs.
Posted by: The Regular Guy at August 05, 2011 07:21 AM (qHCyt)
And oh look, here is the blame-laying for why our own economy sucks (Arab Spring, tsunami, ect i.e. its circumstances beyond our control!)
Posted by: Kratos (Ghost of Sparta) at August 05, 2011 07:22 AM (9hSKh)
Posted by: Farmer Vincent at August 05, 2011 11:12 AM (lZwor)
Fun and joke aside, commodities may be just the thing in the Obamunist Oh-conomy.
Posted by: Curmudgeon at August 05, 2011 07:22 AM (ujg0T)
The Prez Fuckweasel is speaking which means the market will tank another 100 points in 60 minutes or less.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:22 AM (iYbLN)
Posted by: Barack Hussein Obama, Mmm Mmm Mmm at August 05, 2011 07:22 AM (tqwMN)
August 4th: The WH doesn't create jobs.
August 5th: Look, see we added 117,00 new jobs! Our policies are working!
Posted by: laceyunderalls at August 05, 2011 07:22 AM (pLTLS)
Posted by: Oh the humanity at August 05, 2011 07:23 AM (6rX0K)
I refuse to listen to Dear Leader, for the sake of my blood pressure.
Posted by: 80sBaby at August 05, 2011 11:18 AM (o2lIv)
Good plan.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:23 AM (4df7R)
Posted by: Fritz, consulting the style guide at August 05, 2011 07:23 AM (/ZZCn)
Yep, the Japanese earthquake was the problem.
Mohammed on a cracker. Seriously?
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:23 AM (UOM48)
Yeah, we tried that.
Posted by: The Ukrainians at August 05, 2011 07:23 AM (agD4m)
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:24 AM (iYbLN)
Posted by: robtr at August 05, 2011 07:24 AM (MtwBb)
Asswipe, how about reducing the regulatory burden of industries?
And I thought we were already "rebuilding America"?
Posted by: Kratos (Ghost of Sparta) at August 05, 2011 07:24 AM (9hSKh)
Jane,
I believe I heard a "boy" somewhere in that nic.
Spirit?? WTF. We need JOBS you asswipe.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:25 AM (iYbLN)
Well that explains today's crash.
Posted by: kansas at August 05, 2011 07:25 AM (mka2b)
Bye bye T-Paw
Posted by: laceyunderalls
I KNEW it! Bwahahahahaha.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:25 AM (iYbLN)
Bye bye T-Paw
Posted by: laceyunderalls
I KNEW it! Bwahahahahaha.
Buh-bye.
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:26 AM (UOM48)
Yeah, he's not the worst choice policy wise. A bit too milk toastie for my taste though.
Posted by: laceyunderalls at August 05, 2011 07:26 AM (pLTLS)
Posted by: President Wiley Coyote at August 05, 2011 07:27 AM (agD4m)
You are a stuttering clusterfuck of a miserable failure.
This is fun!
Posted by: TOTUS has become self aware at August 05, 2011 07:27 AM (ENKCw)
Posted by: 80sBaby at August 05, 2011 07:27 AM (o2lIv)
Mohammed on a cracker. Seriously?
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 11:23 AM (UOM4
This +Infinity. When will he stop blaming the movement of tectonic plates half a world away for the crappy outcomes of his Administration's equally crappy policies? Sweet Lrd in heaven!
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:27 AM (4df7R)
Posted by: fluffy at August 05, 2011 07:28 AM (4Kl5M)
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:28 AM (UOM48)
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:28 AM (iYbLN)
Nah, destroying economies makes him naturally high. This is the best he's felt in years.
Posted by: Hobbitopoly at August 05, 2011 07:28 AM (h1p5V)
Whos has the stomach strong enough to report on this? At least the poor bastard reporting on the Hindenberg knew that the carnage would eventually stop.
It's odd, it's essentially a speech for veterans returning the the workforce.
I'm not really sure why he's giving this speech
Posted by: Ben at August 05, 2011 07:28 AM (wuv1c)
Better just stay home and monitor the interwebz.
Posted by: fluffy at August 05, 2011 11:28 AM (4Kl5M)
Watch out for flash mobs. Those rascally kids.
Posted by: Jane D'oh, collecting pitchforks, tar and feathers at August 05, 2011 07:29 AM (UOM48)
What was that Presidential Pregnant Pause all about?
Waiting for the Load_Bullshit.exe program to finish?
Posted by: BackwardsBoy at August 05, 2011 07:29 AM (d0Tfm)
Posted by: Weew at August 05, 2011 07:29 AM (7RbIF)
Posted by: President Wiley Coyote at August 05, 2011 07:29 AM (agD4m)
He's running his gums again?
He's on TV more than Leave It To Beaver reruns.
Mute button is obligatory.
Posted by: Delta Smelt at August 05, 2011 07:29 AM (dWPyO)
Posted by: B to the O at August 05, 2011 07:30 AM (4Kl5M)
The Japanese earthquake did more damage to our economy than to theirs
HA. someone needs to get that up on twitter.
That's hilarious, maybe change it to
According to Obama the Japanese earthquake did more damage to our economy than to theirs
Posted by: Ben at August 05, 2011 07:30 AM (wuv1c)
Posted by: Kratos (Ghost of Sparta) at August 05, 2011 07:32 AM (9hSKh)
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:32 AM (iYbLN)
Posted by: Jane D'oh at August 05, 2011 07:33 AM (UOM48)
Posted by: Kratos (Ghost of Sparta) at August 05, 2011 07:33 AM (9hSKh)
@199
I wonder how long before "Obama Fatigue" becomes a part of our cultural lexicon? The sooner, the better.
Posted by: Weew at August 05, 2011 07:33 AM (7RbIF)
It's odd, it's essentially a speech for veterans returning the the workforce.
I'm not really sure why he's giving this speech
Posted by: Ben at August 05, 2011 11:28 AM (wuv1c)
Because he has a new plan, that miraculously enough involves new spending, to pay employers to hire veterans.
Posted by: GnuBreed at August 05, 2011 07:33 AM (ENKCw)
Oh for those that didn't hear...
Bye bye T-Paw
Posted by: laceyunderalls
I KNEW it! Bwahahahahaha.
Much as I would *like* this to work, pithy nice guy compliment letters probably wont' be enough to put a thorn in The Paw.
Best bet, Romney will out RINO him, and we can then reject Romney.
But OT (new thread?). Who do we want? I used to like Perry, but like the Bushyrovies, he Hispanders. I fear the same kind of creeping nanny-statism too.
Posted by: Curmudgeon at August 05, 2011 07:33 AM (ujg0T)
HA. someone needs to get that up on twitter.
That's hilarious, maybe change it to
According to Obama the Japanese earthquake did more damage to our economy than to theirs
Posted by: Ben at August 05, 2011 11:30 AM (wuv1c)
YES. but it needs a good hash tag for folks to find it. Hmm...
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:34 AM (4df7R)
According to Obama the Japanese earthquake did more damage to our economy than to theirs.
Yeah, about that whole move towards that "global economy" thingy, why should we be exposed to disruptions in the supply chain from natural disasters half a world away when we could be making those very same parts right here?
Just askin'...
Posted by: BackwardsBoy at August 05, 2011 07:34 AM (d0Tfm)
Dear gawd. Any one of those vets has more job skills and organization/management skills than the POS at the podium.
Posted by: Jane D'oh at August 05, 2011 07:35 AM (UOM48)
Posted by: Barky the Orator at August 05, 2011 07:36 AM (/ZZCn)
Posted by: President Wiley Coyote at August 05, 2011 07:36 AM (agD4m)
Gotta go get some more ammo, water, antibiotics, first-aid supplies, camo clothing, batteries.
Posted by: I'm in a New York state of mind at August 05, 2011 07:36 AM (4sQwu)
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:36 AM (iYbLN)
Posted by: President Wiley Coyote at August 05, 2011 07:37 AM (agD4m)
Yeah, about that whole move towards that "global economy" thingy, why should we be exposed to disruptions in the supply chain from natural disasters half a world away when we could be making those very same parts right here?
Just askin'...
Posted by: BackwardsBoy
There was such a thing as Polish wheat barons and Flemish textile syndicates in the Middle ages.
America was able to ship food to Europe by sail, and compete in their markets.
The times when there wasn't global trading are more of the exception.
Posted by: Blue Hen at August 05, 2011 07:37 AM (6rX0K)
This deserves a thread or a sidebar.
Posted by: Jane D'oh at August 05, 2011 07:37 AM (UOM48)
It's bad out there: I have a buddy from my old college days that has been unemployed for over two years. Masters in Chemistry and can't get a job.
Now my buddy is just about to lose his house.
Previous employer stupidly gave the Chi-Coms a license to a coating process (over my friend's strongest objections). The Chi-Coms promptly undercut my buddy's employer -- stupid bastards apparently didn't know that the Chi-Coms don't respect the intellectual property rights of American companies.
The marxists, America-haters and Democrats (I repeat myself, however) in D.C. are perfectly happy with this state of affairs. They want a populace utterly dependent on the federal government for their survival. Don't forget, in their world-view, a free-market America is eeeeeevilTM and must be destroyed before Utopia is achieved.
Posted by: Retired Buckeye Cop at August 05, 2011 07:38 AM (S2+uh)
Posted by: Long-time Commenter, First-time Reader at August 05, 2011 07:38 AM (Jbj03)
What's the going rate on Salmonella futures? I think that would be a good place to invest. It seems to be the only thing with any growth potential in this d-bag's economy.
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:38 AM (4df7R)
Serpentine Shel, Serpentine!
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:38 AM (iYbLN)
I choose not to think about that particular ticket. Ick.
Posted by: laceyunderalls at August 05, 2011 07:38 AM (pLTLS)
Posted by: Shiggz at August 05, 2011 07:38 AM (v8Pb8)
Milquetoast Romney could not be reached for comment?
Posted by: Curmudgeon at August 05, 2011 07:41 AM (ujg0T)
Posted by: irongrampa at August 05, 2011 11:39 AM (ud5dN)
If they're union jobs, I imagine the answer is, "Get high in the parking lot and bitch about their CBA."
Posted by: MWR, proud Tea Party Hobbit at August 05, 2011 07:41 AM (4df7R)
Not jobs for everyone, just vets.
President Panderer.
Dangling an invisible carrot in front of veterans. And at the same time telling everyone else who needs a job to fuckoff.
Posted by: Soothsayer at August 05, 2011 07:41 AM (G/zuv)
Boycott all of these Fucking Idiots: "Stevie Wonder gave a "surprise" performance during the celebration; his hit "You and I" was the President and First Lady Obama's wedding song. Revelers included Jay Z; Tom Hanks; Chris Rock; hoops legends Charles Barkley and Grant Hill; Whoopi Goldberg; Dallas Cowboys Hall of Famer Emmitt Smith; and actor Hill Harper. He's one of the President's closest chums from Harvard law school, and star of CSI: NY. Jazz great Herbie Hancock and his ensemble played; R & B singer Ledisi dazzled the crowd.
Posted by: George Bunton at August 05, 2011 07:42 AM (48wze)
Me personally, I would invest in racist flash mobs. It seems their value is on the way up. Beating up and robbing crackers after leaving State Fairs is very profitable.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:42 AM (iYbLN)
Posted by: 80sBaby at August 05, 2011 07:42 AM (o2lIv)
I need me one of those super-duper seeeekret comment auto-filters. Anyone know how to do that? I can't stand the smell of the TROLLASS in this thread.
Posted by: laceyunderalls at August 05, 2011 07:43 AM (pLTLS)
Ralph Nader, the consumer advocate and perennial third-party presidential candidate, announced last month that he would work to find a Democrat to challenge President Barack Obama in 2012.
Nader now says that a primary challenge is a near certainty.
“What [Obama] did this week is just going to energize that effort,” Nader promised in an interview with The Daily Caller. “I would guess that the chances of there being a challenge to Obama in the primary are almost 100 percent.
Posted by: Jane D'oh at August 05, 2011 07:43 AM (UOM48)
Posted by: Barky the Orator at August 05, 2011 07:43 AM (/ZZCn)
meanwhile in Shitheadville...
instead of picking the low-hanging fruit in this economic turmoil, we have shithead-candidates such as Mitt Romney signing a no-homo marriage pledge.
Enough with these stupid pledges. Just say that homo-marriage is a disgrace and move on,
Posted by: Soothsayer at August 05, 2011 07:44 AM (G/zuv)
Me personally, I would invest in racist flash mobs. It seems their value is on the way up. Beating up and robbing crackers after leaving State Fairs is very profitable.
Sounds like a good time to invest in small handguns. Better Bernard Goetz than Reginald Denny.
Posted by: Curmudgeon at August 05, 2011 07:44 AM (ujg0T)
Posted by: George Bunton
I'm happy someone is dazzled because I feel as if I was hit with a blunt instrument on my head after the Dow closing yesterday. I saw stars and not in the good way.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:44 AM (iYbLN)
The times when there wasn't global trading are more of the exception.
Point taken, but slightly out of context of what I meant to say. We should be concentrating our efforts on making American products in America. I'm not advocating that we not trade, that's dumb. I'm advocating that we not become dependent upon foreign suppliers for anything: make it here, with enough left over for trade.
We're still the largest consumer market in the world and yet we have a government committed to making us dependent on others for the things we want.
For. No. Good. Reason.
Posted by: BackwardsBoy at August 05, 2011 07:44 AM (d0Tfm)
This deserves a thread or a sidebar.
Posted by: Jane D'oh
This is terrible. I have recently begun repeatedly said that civility means that everyone can all each other disgusting, vile, unsubstantiated crap dredged up from my one's spleen, but that we all are entitled to say our peace.
Wait. This was said by a Dem Senator? Oh well then, shut 'em down, destroy their prinitng presses, stampede their women and rape their cattle.
Carry on.
Posted by: Fudd Humper at August 05, 2011 07:45 AM (326rv)
My question is this-- any guesses as to how far the market will drop in this correction?
a min. of 20-30%
Posted by: garrett at August 05, 2011 07:45 AM (fI4zr)
below 10,000 eventually? If what Ben put on the sidebar is true (that we're going to be downgraded as soon as today), than perhaps the bottom is about to drop otu.
Posted by: Kratos (Ghost of Sparta) at August 05, 2011 07:46 AM (9hSKh)
lacey,
What you need to do is....psssssssssssssssssssssssst...IGNORE IT.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:46 AM (iYbLN)
Posted by: Long-time Commenter, First-time Reader at August 05, 2011 11:38 AM (Jbj03)
If you think der Bernank will push QE3 next week in Jackson Hole, then you should buy now. That is an inflationary event.
Otherwise I think we will see some deflation which drops everything. I already have a good bit of silver and I'm not buying or selling.
Posted by: GnuBreed at August 05, 2011 07:46 AM (ENKCw)
instead of picking the low-hanging fruit in this economic turmoil, we have shithead-candidates such as Mitt Romney signing a no-homo marriage pledge.
Given the high correlation between homo marriage supporters and Commiecrat economics supporters, why is that?
And you really don't think Judicial Butt Piracy is a low hanging fruit too?
Posted by: Curmudgeon at August 05, 2011 07:47 AM (ujg0T)
We're still the largest consumer market in the world and yet we have a government committed to making us dependent on others for the things we want.
For. No. Good. Reason.
This. Insty posted a thing earlier today about a rare earth metals find in the Midwest. If they opened a mine there, it would be the only place in the US the stuff is mined because enviro-wackos got the previous US mining sites (in California, natch) shut down, leaving us dependent on China. Because China is well known for their careful stewardship of the environment.
Posted by: Ian S. at August 05, 2011 07:48 AM (tqwMN)
What an appropriate name for a place where they cheerlead the printing of more currency.
Posted by: A Balrog of Morgoth at August 05, 2011 07:48 AM (agD4m)
Enough of this. Time to go open up the septic system and deal with REAL shit.
Have the best day possible, good people.
Posted by: irongrampa at August 05, 2011 07:49 AM (ud5dN)
Insty posted a thing earlier today about a rare earth metals find in the Midwest. If they opened a mine there, it would be the only place in the US the stuff is mined because enviro-wackos got the previous US mining sites (in California, natch) shut down
Ohs Noes - My Wilderness Experience will be ruined!
Posted by: St. Louis Sierra Clubber at August 05, 2011 07:50 AM (fI4zr)
Posted by: Guy Fawkes at August 05, 2011 07:51 AM (4QeK8)
Rick Perry is too mired in religious social conservatism for the mainstream. He'll be eaten alive by the libtard press and the indies will run from him.
I don't like how RINO Ronmey is - but if he can beat Obama, it might be a good idea to recognize political reality.
Posted by: Lemon Kitten at August 05, 2011 07:51 AM (0fzsA)
Posted by: GnuBreed at August 05, 2011 07:51 AM (ENKCw)
Rick Perry is too mired in religious social conservatism for the mainstream. He'll be eaten alive by the libtard press and the indies will run from him.I don't like how RINO Ronmey is - but if he can beat Obama, it might be a good idea to recognize political reality.
Reality is the MSM will stick it to Romney if he gets the nomination. I think the ones they attack now are the ones they are most afraid of.
Posted by: kansas at August 05, 2011 07:54 AM (mka2b)
Rick Perry is too mired in religious social conservatism for the mainstream. He'll be eaten alive by the libtard press and the indies will run from him.
While I distrust Perry's Hispandering, you are letting the libtards define "mainstream". Hint: "religious social conservatism" IS the mainstream.
Posted by: Curmudgeon at August 05, 2011 07:54 AM (ujg0T)
It was volatile was he was speaking.
Posted by: 80sBaby at August 05, 2011 07:55 AM (o2lIv)
link
Posted by: curious at August 05, 2011 07:55 AM (k1rwm)
Rick Perry is too mired in religious social conservatism for the mainstream. He'll be eaten alive by the libtard press and the indies will run from him.I don't like how RINO Ronmey is - but if he can beat Obama, it might be a good idea to recognize political reality.
Posted by: kansas
There is a reason why you are the crease in the Rand McNally map.
Posted by: mpfs, Weeping, Broke, Tea Party Terrorist for Life at August 05, 2011 07:55 AM (iYbLN)
Posted by: A Balrog of Morgoth at August 05, 2011 07:55 AM (agD4m)
Posted by: Anonymoose at August 05, 2011 07:56 AM (ZgvjV)
263.
I don't think so at all. But we can see where that leads. If Perry winsthe nom I will support him. But at this point Obama would beat him. Obama - the fake Christian.
Posted by: Lemon Kitten at August 05, 2011 07:56 AM (0fzsA)
264 259 More ruh roh. King Putt did not impress the Street; down 132 now.
It was volatile while he was he was speaking. They also know the truth behind the window-dressing with these numbers and there is more trouble in the Eurozone.
Posted by: 80sBaby at August 05, 2011 07:56 AM (o2lIv)
Population-employment Ratio
58.1% of the country has a job.
Last time we were this low... July 1983... every month since July 1983 we've had a higher number than this... until now.
Continuously lower percentage of the population with employment = recovery?
Posted by: gekkobear at August 05, 2011 07:58 AM (X0NX1)
Heh.
Posted by: rick perry's hair at August 05, 2011 07:58 AM (GTbGH)
Posted by: Lemon Kitten at August 05, 2011 07:58 AM (0fzsA)
I don't think so at all. But we can see where that leads. If Perry winsthe nom I will support him. But at this point Obama would beat him. Obama - the fake Christian.
If it really is all about the economy, by that point Perry's social conservatism will not matter, for all of you who think social conservatism is a bad thing.
But frankly, the vast majority IS social conservative and does not want Leftist Butt Piracy.
Posted by: Curmudgeon at August 05, 2011 08:00 AM (ujg0T)
228
I stopped buying silver and gold last year. I'm just buying the stuff that I would have acquired if I had bartered for them using precious metals. At this point, I think the precious metals market is too inflated for me -- a lot of nations and multi-billionares are buying up the shiny stuff.
I'd recommend dehydrated/freeze-dried food (I like Honeyville: they got their start supplying Mormons and shipping is a great barging if you buy bulk), bottled water, Berkey water filter, karosene cooking stove (Butterfly brand), soap, razor blades and deoderant. Oh, and some guns and ammo to protect yourself from looters.
All these things have very long shelf life. If a miracle occurs and we don't go Weimar, you will be prepared to help your family and neighbors if a natural or "man-made" disaster occurs.
Posted by: Retired Buckeye Cop at August 05, 2011 08:00 AM (S2+uh)
I don't think so at all. But we can see where that leads. If Perry winsthe nom I will support him. But at this point Obama would beat him. Obama - the fake Christian.
Posted by: Lemon Kitten
At this point Perry is not an announced candidate that has lower name recognition than Ron Paul. Others here have pointed out that standing at particular points in time do matter. The fact that Perry is even close to the Won at this point and with these factors in play is telling.
And all Repbulican candidates will be vilified. Ex: Pres. John McCain.
Posted by: Blue Hen at August 05, 2011 08:03 AM (6rX0K)
Hey, did anybody else notice this?
Yesterday Politico referred to Obama as "powerless" to impact the economy. Yesterday too an article from This Hill had this line as its lede:
Democrats are bracing for the jobs report due Friday morning from the Labor Department, knowing their political futures rest on the economy over which they have little control.My initial reaction was to take these comments literally as the ideological concessions that they appear to be: if a liberal Democratic President and his liberal Democratic compatriots in Congress are "powerless" and "have little control" over the economy, then what bilge have they been selling us for eighty years about managing the economy? Has the massive bureaucracy of regulation and intervention built up over the past four freakin' generations really only been a jobs program for government bureaucrats?
But then I put two and two together: yesterday Ace (and others) also noted the strange comment from Jay Carney saying that the White House doesn't create jobs.
I hate to be a conspiracy theorist (or maybe I'm just not paranoid enough usually), but it sure seems to me that the Left is advancing a new meme in concert that Obama can't really do anything about jobs. Call it a trial balloon before the 2012 race, where they know he will get hammered on a four-year record on employment that is so terrible.
Posted by: The Regular Guy at August 05, 2011 08:07 AM (qHCyt)
Hey, all --
The S&P 500 is down about 2.2%. Did President Obama give another speech or something?
Just wondering.
Posted by: FireHorse at August 05, 2011 08:09 AM (gTGz3)
That's just the point. The lamestream media is going to vilify anyone we nominate. In fact, I hope they do. I'd be more worried if they actually liked our nominee.
As Anne Boleyn said, "Ainsi sera, groigne qui groigne". (Grumble all you like, this is how itÂ’s going to be.)
Posted by: Hobbitopoly at August 05, 2011 08:09 AM (h1p5V)
That's just the point. The lamestream media is going to vilify anyone we nominate. In fact, I hope they do. I'd be more worried if they actually liked our nominee.
Bingo! The more demonized our candidate, the better. Be hard-core, fiscally, socially, and foreign policy hawkishly.
Posted by: Curmudgeon at August 05, 2011 08:12 AM (ujg0T)
What exactly is this "labor force" about which people seem to be complaining?
Posted by: Ben Bernanke-Geithner, Ph.D. at August 05, 2011 08:12 AM (f8XyF)
Posted by: President Chet Roosevelt at August 05, 2011 08:20 AM (CmU3O)
Posted by: Cathy at August 05, 2011 08:25 AM (fQwDb)
Why is no one talking about this?
The Dems will now not have to pass a budget (apparently) but they can either reconcile Conrad's numbers with Ryan's or-- more likely-- they will do as you say and pass another round of CRs. A few Republicans have mentioned it but nobody really wants to talk about it because people are already upset with Congress as it is. Admitting that a budget can't get passed through normal means because the Senate is playing games is not exactly what people want to hear right now.
Posted by: 80sBaby at August 05, 2011 08:25 AM (o2lIv)
Or are they the still cooked low, but closer to reality, 'adjusted upward numbers' quietly put out much later?
Posted by: Mark E at August 05, 2011 09:58 AM (w5RwR)
Posted by: The Duggars Audiobook at August 06, 2011 10:09 PM (X1M4g)
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Posted by: Ben at August 05, 2011 05:50 AM (wuv1c)