If this is your recovery, you can keep it

[rushmc 23]

kallend

***

Quote

Payrolls Disaster: Only 142K Jobs Added In September Zero Wage Growth; August Revised Much Lower

***Just as bad, the August print was also revised far lower from 173K to 136K

I'll take modest growth over the disaster that characterized the last year of GWB's reign.

LOL

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[jakee 1,594]

You think GWBs economic crash and subsequent bailouts were funny?

So much for the party of the working man

Do you want to have an ideagasm?

[rushmc 23]

jakee

You think GWBs economic crash and subsequent bailouts were funny?

So much for the party of the working man

I was against ALL of the bailouts
NO ONE is too big to fail IMO

and if you think the Dems are for the working man, why are the unions NOT supporting Hillary?

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[rushmc 23]

this recovery just keeps giving

Quote

Jobs up only for immigrants, +14,000, down 262,000 for 'native-borns'

Keep'em coming

http://www.washingtonexaminer.com/jobs-up-only-for-immigrants-14000-down-262000-for-native-borns/article/2573290

Quote

Over the past three months, the job numbers for native-born have dropped by nearly 1 million, exactly the number of jobs President Obama promised to add when he ran for reelection in 2012.

During that period, jobs for immigrants grew 218,000.

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[kallend 2,146]

Tell us how many "native born" jobs were lost during the last year of GWB's presidency.

...

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

[rushmc 23]

kallend

Tell us how many "native born" jobs were lost during the last year of GWB's presidency.

NOTICE:

Re-direct in progress

#5 no content post

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[SkyDekker 1,465]

rushmc

this recovery just keeps giving

Quote

Jobs up only for immigrants, +14,000, down 262,000 for 'native-borns'

Keep'em coming

http://www.washingtonexaminer.com/jobs-up-only-for-immigrants-14000-down-262000-for-native-borns/article/2573290

***Over the past three months, the job numbers for native-born have dropped by nearly 1 million, exactly the number of jobs President Obama promised to add when he ran for reelection in 2012.

During that period, jobs for immigrants grew 218,000.

Legal immigrants are less important than "native-borns"?

[kallend 2,146]

rushmc

***Tell us how many "native born" jobs were lost during the last year of GWB's presidency.

NOTICE:

Re-direct in progress

#5 no content post

FACT is, you don't like Obama, you are not willing to admit that GWB totally fucked up the economy (not just of the US, but globally), GWB's fuck up was the worst in three generations, and the recovery, while real, has been slower than anyone would like.

But then the recovery from cancer is slower than the recovery from the common cold.

...

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

[JerryBaumchen 1,465]

Hi rush,

Quote

why are the unions NOT supporting Hillary?

I think it more a wait & see position. I am very sure that almost all unions will be in support of the Demo nominee.

At least, that has been the historic procedure.

Jerry Baumchen

PS) I am just wondering; are you anti-union also?

[rushmc 23]

JerryBaumchen

Hi rush,

Quote

why are the unions NOT supporting Hillary?

I think it more a wait & see position. I am very sure that almost all unions will be in support of the Demo nominee.

At least, that has been the historic procedure.

Jerry Baumchen

PS) I am just wondering; are you anti-union also?

Not so much unions in general

Public sector unions? Yes very much so

PS
I was in the International Brotherhood of Electrical Workers for 17 years
I did not like that either

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[jdkalou 0]

JHC!!! You guys keep pointing at the Obama admin., or the GWB admin. for the economic debacle of the last 8 years. When in all economic reality the United States set themselves up for this mess decades ago with legislation and policy that was supported by Dems & Reps alike. They were all to stupid to project future outcomes that result when you unleash Wall Street. This mess is more the responsibility of an unchecked, unregulated, Wall Street vs. any one President or their administrations.
Back and forth, back and forth you go. Pointing the blind finger.
Fuck your guys hands have to be wet all the time from PISSING INTO THE WIND!!!!!!!!!!

[rushmc 23]

To this point, I have never said anything about Obama. I'm just pointing out we're not in any kind of a recovery

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[billvon 3,108]

>Legal immigrants are less important than "native-borns"?

Well, duh. Immigrants are criminals and rapists that won't accept our culture. Haven't you been paying attention?

[rushmc 23]

billvon

>Legal immigrants are less important than "native-borns"?

Well, duh. Immigrants are criminals and rapists that won't accept our culture. Haven't you been paying attention?

When I posted as you just did here you warned me about trolling

On another note
Have you seen the crime stats from the south Federal districts?

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[SkyDekker 1,465]

rushmc

To this point, I have never said anything about Obama. I'm just pointing out we're not in any kind of a recovery

You remind me of that Iraq information minister during the first Iraq war.

You post an article that clearly indicates that there is modest growth.....and a couple of hours later categorically state there is no recovery.

[rushmc 23]

SkyDekker

***To this point, I have never said anything about Obama. I'm just pointing out we're not in any kind of a recovery

You remind me of that Iraq information minister during the first Iraq war.

You post an article that clearly indicates that there is modest growth.....and a couple of hours later categorically state there is no recovery.



Understanding is hard for you. I understand that

"America will never be destroyed from the outside,
if we falter and lose our freedoms,
it will be because we destroyed ourselves."
Abraham Lincoln

[kallend 2,146]

Maybe we should have done this:

...

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

[turtlespeed 226]

kallend

Maybe we should have done this:

I can agree with that.

If they committed fraud and had illegal dealings, then they should be jailed.

I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama
BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun

[Amazon 7]

turtlespeed

***
Maybe we should have done this:

I can agree with that.

If they committed fraud and had illegal dealings, then they should be jailed.

AS IF... that will happen. too many campaign contributions to people who make the laws

We are wholly owned by the oligarchs in this country.. the rest is just a sham to mollify the masses.

[kallend 2,146]

Amazon

******
Maybe we should have done this:

I can agree with that.

If they committed fraud and had illegal dealings, then they should be jailed.

AS IF... that will happen. too many campaign contributions to people who make the laws

We are wholly owned by the oligarchs in this country.. the rest is just a sham to mollify the masses.

Hey, quit whining. It's the best government money can buy!

...

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

[headoverheels 334]

rushmc

and if you think the Dems are for the working man, why are the unions NOT supporting Hillary?

Here's the largest:
https://www.yahoo.com/news/clinton-gets-endorsement-largest-u-labor-union-191551857.html

[RMK 3]

rushmc

I was against ALL of the bailouts
NO ONE is too big to fail IMO

a serious reply...

The economic bailout of the 2008 financial crisis was not a bailout of big banks and Wall Street. It was an action to bailout and save the financial system in general. Yes, the remedy included saving many large financial institutions (who may have deserved to feel some pain), but there was no way around that. Saving the system had global implications, not just for the US. Yes, you can be too big to fail.

The media have never really addressed and been open with the public as to just how close we came to some really bad outcomes and what those outcomes may have been. This would just be scaremongering of the general public, who don’t really have a grasp of how global financial markets function.

The whole debacle was somewhat of a “perfect storm” financially. There were groups explicitly responsible across the board; not just big banks or Mom & Pops lying to get mortgages. Some of the worst offenders were actually in the middle; decision makers and board members of the largest pensions and insurance companies globally.

Oddly, biggest fuel to the debacle wasn’t really greed. It was ignorance and laziness. Ignorance in the form of decision makers buying instruments they didn’t understand; Laziness in the form of wholly relying on credit ratings instead of real risk assessment and due diligence.

PS: If you think you may not fully understand multi-tranche securitised asset-backed CLOs that include documentation exceeding 500 pages and would take a desk of quant analysts a week to price ... don’t feel bad, this crisis showed that many of the world’s financial professionals didn’t either.

"Pain is the best instructor, but no one wants to attend his classes"

[billvon 3,108]

Good summary, and I definitely agree that the strongest drivers were incompetence and laziness rather than malice. As always Hanlon's Razor holds.

[brenthutch 444]

+1

[brenthutch 444]

This sums it up nicely.