Obama cooked up the new job numbers...

[ShcShc11 0]

"It appears that Obama has hired infamous Iraqi information minister to calculate the unemployment rate, anybody who believes the number is either naive or a paid Obama PR"

Jack Welsh, former CEO, also said the new job numbers were cooked up.......

If it came from a wealthy former CEO, it must be true.

Cheers! Shc

[mirage62 0]

I know your being a smart ass, but seriously look at the numbers report(s) don't just look at the head lines......by the way the great market rally fizzled. Took a couple hours for the herd to look at the details to.

Kevin Keenan is my hero, a double FUP, he does so much with so little

[airdvr 210]

I think it's ridiculous. Those numbers are suspect regardless of who is in power or when they are counted. Nothing to see here...move along.

Please don't dent the planet.

Destinations by Roxanne

[normiss 867]

Ask Lockheed Martin Corporation, Raytheon Company, L-3 Communications Holdings Inc., Northrop Grumman Corporation, Huntington Ingalls Industries, the Boeing Company, General Dynamics Corporation, Honeywell International Inc., CSC, SAIC, BAE Systems Inc., ATK, ITT Excelis, EADS North America Inc. and United Technologies Corporation.

[kallend 2,113]

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I know your being a smart ass, but seriously look at the numbers report(s) don't just look at the head lines......by the way the great market rally fizzled. Took a couple hours for the herd to look at the details to.

Dow closed UP +34.79, +0.26%

S&P closed DOWN -0.47, -0.03%

S&P is UP over 30% on the past 12 months.

S&P UP 74% since BHO took office.

...

The only sure way to survive a canopy collision is not to have one.

[lawrocket 3]

So things have been great for corporations but how are the people doing?

My wife is hotter than your wife.

[kallend 2,113]

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So things have been great for corporations but how are the people doing?

Well, those like me that bought at the end of Bush's term have made a bundle. My retirement fund is looking great right now.

However, I replied to Fortson's comment about the markets.

...

The only sure way to survive a canopy collision is not to have one.

[kelpdiver 2]

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So things have been great for corporations but how are the people doing?

SPY and other funds of funds based on it or VTI represent more than half my portfolio. 73% is a big fucking deal.

(and yes, credit for this is a different matter, but if the question is am I better off than I was 4 years ago, the answer is a big big yes)

[devildog 0]

Quote

"It appears that Obama has hired infamous Iraqi information minister to calculate the unemployment rate, anybody who believes the number is either naive or a paid Obama PR"

Jack Welsh, former CEO, also said the new job numbers were cooked up.......

If it came from a wealthy former CEO, it must be true.

Cheers! Shc

Biggest single jump in a month since 1983... yeah, nothing suspicious there at all

You stop breathing for a few minutes and everyone jumps to conclusions.

[brenthutch 444]

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So things have been great for corporations but how are the people doing?

Well, those like me that bought at the end of Bush's term have made a bundle. My retirement fund is looking great right now.

However, I replied to Fortson's comment about the markets.

CLEARLY A 1%. I on the other hand cashed out on the downside, knowing all of the time that was the worst possible play. However I knew that I had to protect my family, so at a loss of several hundreds of thousands of dollars I made that decision. Sucks for me. But that is ok, I can deal with that. It is noteworthy that Kallend made "a bundle" under our capitalist system and yet rails against it while I lost a bundle and understand that my loss is part of a much bigger picture. Like George Carlin said Narrow, unenlightened self-interest doesn’t impress me.

[matthewcline 0]

Quote

Ask Lockheed Martin Corporation, Raytheon Company, L-3 Communications Holdings Inc., Northrop Grumman Corporation, Huntington Ingalls Industries, the Boeing Company, General Dynamics Corporation, Honeywell International Inc., CSC, SAIC, BAE Systems Inc., ATK, ITT Excelis, EADS North America Inc. and United Technologies Corporation.

Those are the same Co's the GOV threatened with a suit of they told their employees they would get a pink slip in advance so they could plan a new career/life move right? So now they are just going to lay them off unannounced. Like our Company did. Same Co's the GOV wanted to hold off the lay offs till End of Oct, in a hope the news of 100,000's of lost jobs would not give away a Re-election? are they those companies?

Yeah the 114,000~ "new jobs" number are BS, it discounts the equal, if not higher numbers lost. But one has to read many local papers and watch local media and add them up to see. Since the local mom and pop store than employees, 5 to 10 going our of business isn't big enough for the GOV to factor, or even care about.

Nashville TN alone is out of balance, but no one wants that known as they try and court Co's to bring more business here. They even count 2000 jobs as "gained" for a project starting construction in 2013 but not "opening" for business till 2015.

So I and my fellow lay off-ees we still work part time jobs (two in my case) and look for work, hoping it is nearby so I don't have to sell my home at a loss.

Am I better off than I was four years ago? No.

Matt

An Instructors first concern is student safety.
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