Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1373491 Comments:2390
"Neither party wants the American people to understand the truth about what happened to our economy and jobs over the last 100 years. It has been a bipartisan screw job and ignoring the facts doesnt change them.
The first fact that cant be ignored is how many Americans are actually unemployed today. Here is some truth you wont get from a politician or media talking head:
* There are 243 million working age Americans.
* There are 142 million employed Americans.
* Only 101 million of the employed Americans are working more than 35 hours per week. This means that only 41.6% of all working age Americans have a full-time job.
* According to the government drones at the BLS, 88 million Americans have chosen to not be in the labor force the highest level in U.S. history.
* The percentage of Americans in the workforce at 63.8% is the lowest since 1980 and down from a peak of 67.1% in 2000. The difference between these two percentages is 8 million Americans.
* The BLS reports there are only 12.7 million unemployed Americans in the country, down from 15.3 million in 2009.
* The BLS reports the unemployment rate has dropped from 10% in late 2009 to 8.3% today. Over this time frame the working age population grew by 5.7 million, while the number of employed Americans grew by 3.6 million. Only a government drone could interpret this data and report a dramatic decline in the unemployment rate.
Britain's economy has fallen into its second recession since the financial crisis after an shock contraction at the start of 2012, heaping pressure on Prime Minister David Cameron's government as it reels from a series of political missteps."
Translation:
Since Britain never left Recession 2007, it's now in a Depression.
And you wouldn't know over here in the USSA that Murdoch's career is over.
"Britain's Conservative-Liberal Democrat coalition has seen its support crumble after weeks of criticism over unpopular tax measures in last month's budget, and is under further pressure from revelations about its close links with media tycoon Rupert Murdoch.
This data is so twisted that there is absolutely no doubt the Federal Government is purposely manipulating the numbers to make the economic situation appear better than the reality.
During the Great Depression propaganda and spin had not been perfected. There werent multiple definitions of unemployment designed to confuse and mislead the public. The peak level of unemployment in the 1930s was 25%. The current reported level is 8.3%.
On a comparable basis to the 1930s, including short-term discouraged workers, those forced to work part-time, and the long-term discouraged workers which were defined out of existence in 1994 by the BLS, the real unemployment rate is 22% today. It feels like a depression for millions of Americans because it is a depression.
I saw Arkansas took another former Louisville football coach
You're not the first to notice that...;}
'A bit zany' has definitley made the rounds...;}
AD Long had a choice:
1) Spend Big on a coach who would bring in his own people.
2) Keep the Top 5 program on track thru 2012.
As long as he has good 'time out' skills.
And the Flagship has a butt load of money (Petrino left $20 million on the table) and the entire Razorback (WalMart/Tyson/Donrey) foundation is on board.
When Newscorps lobbyist Frederic Michel referred to Hunts tip-off about progress as illegal actually! James Murdoch told Leveson Counsel Robert Jay, Look, I dont understand the niceties of Westminster it was obviously just a joke. But there is no greater sick joke in 2012 than the way these profoundly disgusting people Murdoch, Michel, Hunt, Cameron expect us to believe such obvious rubbish.
We should not see these soon-to-be cadavers cavorting about on the scaffold as in any way unrelated to the social, fiscal, financial, and economic problems of the West in general and Europe in particular. They are all part of the same decadent, obscenely degenerate Undead running the affairs of our unfortunate planet Earth:
Blankfein, Lagarde, Sarkozy, Draghi, Merkel, Geithner, Putin, Swan, Gillard, Mandelson, van Rompuy, Diamond and a few thousand others determined to do for us we know not why. But until they are all a distant, nigthmarish memory, we will never have charge of our own destinies again.
The mass media exist to control the masses by shaping our perceptions of reality. The pap they feed us switches off our brains, so we cant analyze society as a system. Instead of thought, we are offered a dazzling array of personal emotions and sensory stimulation to distract us from the bleak reality of our lives.
Through entertainment and news the media fixates us on physical violence, so we dont perceive the structural violence that causes it. We get lurid, fear-arousing accounts of violence committed by ghetto youths and Muslim guerrillas accompanied with commentaries calling for tough measures to combat these vicious berserkers. We get no accounts of the structural violence of poverty and oppression that capitalism and imperialism have created there. Its this built-in structural violence that generates the physical violence."
European Confidence Tumbles To November 2009 Levels, Euro-Wide Double Dip Inevitable Tyler Durden's picture Submitted by Tyler Durden on 04/26/2012 05:52 -0400
Nov 10, 2011 If European leaders cannot agree on how to stabilize their financial system, chaos and inflation seem sure to follow, an economist writes.
Europe crisis hit with 'deep depression' warning; every EU nation's ... economictimes.indiatimes.com Budget 2012 NewsCached
Nov 29, 2011 According to OECD, crisis was now just one step away from plunging advanced economies into an abyss of recession & trigger waves of ...
87 comments to State officials shut down shrimping in Gulf amid scientists finding deformities and horrifying creatures Media attributes closure to lesions, then retracts
* charlie3 April 26, 2012 at 10:14 am Log in to Reply
There was a time when the Gulf was like some picture of paradise, and immensely full of healthy sea and bird life. There was nothing better than a swim on the beach there. I can't believe how ugly we have made this planet over the course of my lifetime.
"Lower-than-expected health care use has helped insurers in the past several quarters, and it factored into the 73 percent earnings gain Aetna reported in February for last year's fourth quarter. But Aetna and other insurers have said they expect use to return to more normal levels this year, which means they pay more claims, as consumers who were pinched during the recession start to feel more comfortable about their finances.....8D
"as consumers who were pinched during the recession start to feel more comfortable about their finances.....and realize they'll never get better...
66.87 Apr 26, 4:01PM EDT|Pre-Market: 65.00 Down 1.87 (2.80%) 7:59AM EDT - Nasdaq Real Time Price
"The maker of Tide detergent and Olay skin cream says net income fell 16 percent to $2.41 billion, or 82 cents per share. That compares with $2.87 billion, or 96 cents per share last year.
Consumer product companies have been raising prices to deal with higher costs for materials like fuel and packaging.
Consumers unfazed by 'raising prices' because they feel better about the economy. And can print money and borrow all they need just like the banksters....;}
DEARBORN, Mich. (AP) -- Ford Motor Co. said Friday its net income fell by 45 percent in the first quarter as European sales plummeted and the company paid higher taxes.
The company announced it will try to cut its pension costs by offering lump-sum payments to about 90,000 U.S. white-collar retirees and former employees. Ford said it is the largest such offer in U.S. history. Payouts will start later this year and come from pension plan assets. Ford doesn't yet know how much the plan will cost....
but that doesn't matter because F can print money and borrow just like the banksters.....;}
DEARBORN, Mich. (AP) -- Ford Motor Co. said Friday its net income fell by 45 percent in the first quarter as European sales plummeted and the company paid higher taxes
U.S. stock futures rose, indicating the Standard and Poors 500 Index will cap the biggest weekly rally in a month, amid better-than-estimated results at companies including Amazon (AMZN).com Inc. and Ford Motor Co. (F) .....
LMFAO
# Amazon Surges After Hours On After-Tax Accounting ... - Zero Hedge www.zerohedge.com/.../ama...hours-after-tax-account... You +1'd this publicly. Undo 15 hours ago Either the algos are getting really stupid, or nobody cares at all about the quality of earnings any more. Case in point - Amazon, which was ...
Jan 31, 2012 Amazon slides 10% after hours as it reports much weaker revenues of $17.43 billion on expectations of $18.26 billion. EPS are not really ...
Cost Cutting is CorpsSpeak for taking employees out back and shooting them.
In a move to further ease and relax the consumer, the Markets have jointly confirmed that the color 'Red' will no longer be used for it's indicators.
'Black' and/or 'Green' are all we really need. 'Red' is superfluous. And thus un necessary....;}
Eurozone Retail Sales Plunge at Strongest Pace Since Late-2008; German Retail Sales Plunge Into Contraction; French Retail Sales Plunge at Record Pace; Record Job Losses, Record Retail Plunge in Italy
The word of the day is plunge. Retail sales fell like a rock in Germany and fell at a record pace in France. -Mish
Again Mish. This time about Greece taking money from accounts of suspected tax cheats....trials later....in other words, all accounts are criminal until proven otherwise...;}
"Anyone with any common sense has already pulled all of their money out of Greek banks. However, the unthinking masses probably have not. This move will without a doubt cause more than a few to worry about accusations, true or false, and in the case of the latter, the illegal confiscation of money.
Expect to see a further plunge in money kept at Greek banks. Also expect capital flight of another kind: human capital. With this kind of crackdown, anyone capable of leaving would be wise to leave Greece immediately."
" With this kind of crackdown, anyone capable of leaving would be wise to leave Greece immediately."
Back around 1935, the same warnings were given in Germany. On the Titanic, the first life boats left 1/2 empty.
1 day ago The normal high temperature for April 25 is 83 degrees. ... In 1925, San Angelo recorded 107 degrees on April 19, the highest ... And, yes, that will set another hot weather record (the old high for April 26 is 99, set in 1943).
RECORD EVENT REPORT NATIONAL WEATHER SERVICE SAN ANGELO TX 606 PM CDT THU APR 26 2012
...RECORD HIGH TEMPERATURE SET AT SAN ANGELO... ...RECORD HIGH TEMPERATURE TIED AT ABILENE... ...RECORD HIGH MINIMUM TEMPERATURE SET AT SAN ANGELO AND ABILENE...
A RECORD HIGH TEMPERATURE OF 105 DEGREES WAS SET AT SAN ANGELO TODAY. THIS BREAKS THE OLD RECORD OF 99 DEGREES SET IN 1943.
THE RECORD HIGH TEMPERATURE OF 96 DEGREES WAS TIED AT ABILENE TODAY. THIS TIED THE OLD RECORD OF 96 DEGREES SET IN 1984.
THE LOW TEMPERATURE OF 74 DEGREES BROKE THE OLD RECORD HIGH MINIMUM AT ABILENE OF 70 DEGREES SET IN 2009.
THE LOW TEMPERATURE OF 73 DEGREES BROKE THE OLD RECORD HIGH MINIMUM AT SAN ANGELO OF 72 DEGREES SET IN 1963.
RECORD EVENT REPORT NATIONAL WEATHER SERVICE SAN ANGELO TX 606 PM CDT THU APR 26 2012
...RECORD HIGH TEMPERATURE SET AT SAN ANGELO... ...RECORD HIGH TEMPERATURE TIED AT ABILENE... ...RECORD HIGH MINIMUM TEMPERATURE SET AT SAN ANGELO AND ABILENE...
Yes, quite warm yesterday at baseball practice, but it does get warm this time of year in Texas. By late May we no longer get "cool fronts" in Central TX.
Are you a global warming type?
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
"And then to top it off, the "man who loves trees" almost as much as he loves himself had yet another stupid anthropocentric article in the HuffPo, to which I commented after this quote from him:
"They sweep air pollution out of the air in our cities and suburbs and clean water through their complex root system."
That's great, Jim Robbins. What happens to those trees that are absorbing our pollution through their leaves and roots? Ozone gives people cancer and other fatal diseases. It does even much worse things to trees. It rots their roots making them more vulnerable to drought and wind, and rots their interiors making branches break. Ozone and acid rain make them lose their natural resistance to insects, disease and fungus. Pollution lowers their production of nuts, seeds, and fruits so they can't reproduce. If you really care about trees so much, why not talk about that?
He of course blames warmer winters for bark beetles: "They are dying all around us in the American West. I came to realize what climate change can do to trees when bark beetles, their season lengthened by unusually warm winters, attacked trees on my 15 acres of pine forest in Montana," conveniently ignoring the fact that the first ever proven case of trees dying from bark beetle infestation, thanks to a compromised immunity from exposure to ozone, was from back in the 1950's in the extraordinarily polluted hills above Los Angeles, where it NEVER approaches extended winter freeze.
We seem to have an obsession with breaking points. A while back many were claiming $100/barrel was the ugly horizon. Weve been there a while.
I think we will continue to see roughly linear effect as prices rise (as they have been). Slow economy becomes more sluggish. We have seen demand fall off in developed countries WITHOUT the usual drop in prices. Other demand (Chindia) is stepping in to fill the gap.
I dont know what the breaking point is, but the broke point is back under $2.00 a gallon with few buyers because the economy has failed in a big way."
"I think we will continue to see roughly linear effect..."
Quantum Science replaces Newtonian Law. Once you've gone parabolic, you don't reach asymptote and then level out.
As you drop off the other side, as 'Mike on Sat' alludes to, your 'waste' catches up with you. You hit the 'fat tail' and begin Non Linear 'breaks'.
#634. To: A K A Stone, harrowup, wethepeople, All (#0)
#87. To: mcgowanjm (#81)
Great thread. I'm posting it to mcgowanjm wire.
Don't forget to source me as the reason it is great.
I'll trust you to comply since I don't read your wire or Brad's whatever.
Had enough trouble with Brad's Gramma already.
By the way, does anyone remember the time someone asked 'Brad' what was the scariest thing he ever heard? He said it's when "Gramma says Aunt Bee is Coming for the weekend.
Note to lurkers...that is bait so huge it might as well be C-4.
The arrest has prompted the worst diplomatic row between the two regional powerhouses since Saudi Arabia and other Arab countries broke off diplomatic ties with Egypt after it signed a peace deal with Israel in 1979. Diplomatic relations were restored in 1987.
Saudi Arabia said on Saturday it had recalled its ambassador from Egypt for "consultation" and would close its embassy and consulates in the Arab nation.
And 1987's 'reconciliation' is based on the Asymptote of USSA power....the price of gasoline...$.65 cents in Ft Worth....;}
The employees union for the workers at Orion Bus in Oriskany says that all 538 workers will be laid off sometime in the next two years, and that the layoffs are only a matter of when.
Tim Banas at the United Auto Workers Union said that at least 12 employees at Orion were laid off Thursday morning and that the company expects to lay off more in the days to come.
On Wednesday, Daimler announce that it would stop all production on new bus orders at the Oriskany-based company, but would continue bus maintenance work. This is why I am so convinced we are heading towards collapse. For years now we have been making all the wrong decisions at the worst possible time, and I see no reason why that will not continue.
We have arrived at the point where all of the biggest frauds preying upon working and middle class families are now a combined effort of the banks, big corporations and the federal government. Mortgages and student loans are just two of the largest such swindles--and they very much tie in together since those who have been saddled with large amounts of the latter can hardly afford to take out one of the former, even at these insanely low interest rates.
How any impartial observer can look at what is happening in these sectors as not realize that a huge crackup is coming is beyond my puny powers of comprehension.
Interest rates cannot fall much farther, and when they do finally start to rise, they are going to kill what little does remain of the housing market. Anyone inclined to believe the latest call from just this past week that "the bottom is in" and is planning to buy a house is a sheep not only about the be sheared but eventually slaughtered.
Lewis sets tone as Rangers end Rays' run By Dave Sessions / Special to MLB.com | 4/29/2012 12:50 AM ET
ARLINGTON -- Colby Lewis gave up an early home run and walked three times as many batters as he had in the previous four games combined, but there was no reason for the Rangers right-hander to panic in a 7-2 victory over the Rays on Saturday.
That's partly because Lewis had only walked one batter all season entering the night, having faced 104 consecutive batters over 25 2/3 innings without issuing a free pass. But the simplest reason for Lewis' fortitude is that he knew he was pitching with the Rangers' electric defense behind him and their explosive offense in support of him.
Lewis was unimpressed with his own performance, but raved about the play of his team.
"I felt like I didn't really have a whole lot," Lewis said. "I felt like I kind of battled at times. But overall, it worked out."
It always seems to work out for the Rangers. After Saturday's win, Texas leads the Major Leagues in hitting (.297) and is second in fielding (.989). Lewis was the beneficiary of quintessential examples of both: a two-run single by Josh Hamilton that gave the Rangers the lead for good in the first inning; a gorgeous glove-flip to second base by Elvis Andrus that enabled a crucial sixth- inning double play; and an Adrian Beltre three-run homer that punished Tampa Bay for intentionally walking Hamilton in the seventh.
Andrus' play, with nobody out and a man on first as the Rays threatened the Rangers' 3-1 lead in the seventh, was certainly the game's most dazzling. In a play similar to his World Series Game 6 highlight from last postseason, Andrus showed his range by getting to a ball far to his left, then showed his innate sense of where second base is -- and his flair for the dramatic -- by flipping the ball with his glove to waiting second baseman Michael Young.
Young turned two and said after the game that he considers such theatrics by Andrus to be "routine plays" by now.
"If I get to the bag," Young said, "I know it's going to be on its way."
While Tampa Bay made two costly errors that led to runs, the Rangers ran down faraway fly balls and dug out tough grounders.
"We can play defense," manager Ron Washington said. "It's something that we respect -- something that we take pride in.
"I'm not surprised by anything they do out there. You put it in the air, if you got a hump in it, it's coming down in the glove. You put it on the ground, if they can get to it, it's going to be thrown to the first baseman."
Lewis pushed his record to 3-0 and lowered his ERA to 1.93, further solidifying his reputation as the Rangers' most unflappable starter thus far in 2012.
Lewis has allowed homers in four of his five starts, including Matt Joyce's shot to start the second inning on Saturday, but Lewis has yet to allow more than one homer.
Lewis threw 96 pitches on Saturday, but only 56 strikes. Yet, the control issues didn't rattle the right-hander, who turned in six solid innings and benefited from ample run support.
The Rangers broke the game open at 7-1 when Rays manager Joe Maddon elected to walk Hamilton to face Beltre, who hit a three-run home run, his fourth of 2012.
"You always want to hit in those situations," Beltre said. "I don't want them to walk him, I want him to get some pitches to hit, too. ... But I'm always gonna be up to the challenge. My job is trying to do a better job, so maybe they'll think a little bit harder and pitch to him."
Maddon preferred to face the right-handed hitter against right-handed pitcher Burke Badenhop, and the move backfired.
"The chances of either one of those guys putting the ball on the ground against Badenhop are about equal," Maddon said. "But Josh has just been so darn hot, let's go with the other guy, maybe get a nice ground ball somewhere and stay out of the big inning. But it didn't work out that way."
Alexi Ogando pitched a 1-2-3 seventh and Mike Adams yielded one run in the eighth before Koji Uehara worked a perfect ninth to seal the win.
Rays starter Jeff Niemann allowed five hits and walked one in falling to 1-3 this season.
Dave Sessions is a contributor to MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.
As iron sharpens iron, So a man sharpens the countenance of his friend. -Proverbs 27:17 (NKJV)
"When civilizations start to die they go insane. Let the ice sheets in the Arctic melt. Let the temperatures rise. Let the air, soil and water be poisoned. Let the forests die. Let the seas be emptied of life. Let one useless war after another be waged. Let the masses be thrust into extreme poverty and left without jobs while the elites, drunk on hedonism, accumulate vast fortunes through exploitation, speculation, fraud and theft. Reality, at the end, gets unplugged.
We live in an age when news consists of Snookis pregnancy, Hulk Hogans sex tape and Kim Kardashians denial that she is the naked woman cooking eggs in a photo circulating on the Internet.
"The one really good thing, that I don't dispute, that you can do with a good FICO score is buy a house with a fixed-rate mortgage and get a lower interest rate that can save you a ton of money over the life of the loan," he says. "But other than that, there is really nothing you can do with a high FICO score."
In fact, he says, a good FICO score often leads to a bad FICO score, because people are able to take advantage, and often do, of unnecessary credit that ultimately leads to more debt.
One prime example is a car loan, which he says you should never take out in the first place. "The best thing people can do for their lives, in terms of happiness, is to avoid monthly payments entirely whenever possible," he says.
Forget New, Buy Used
Buying a used car these days not mean driving a vehicle with 100,000 miles and severe maintenance issues, Bissonnette says. Used cars are not only cheap but safe drive too. His suggestion is to buy a used car for just a couple thousand dollars. Not only will your bottom line not suffer from instant depreciation of the car the moment you drive it off the lot, you will also not likely need to buy collision insurance.