Unemployment Rate and Level of Education
Submitted by
CalculatedRisk on Sat, 09/04/2010 - 1:59pm (436 comments)
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HOOCOODANODE.
America Out of Work: Ex-Wall Street worker goes from long hours to lots of free time - latimes.com
Love learning, hated the American educational process.
I grew up on Paul Conrad's cartoons in the City of Angles, he was seldom at a loss for words, even though he didn't employ them much...
http://www.truthdig.com/images/avboothuploads/conrad_elephant_500.gif
Rest in peace
The gaps seem pretty consistent even now between the 3 non-Bachelor categories. Looks like a degree is becoming a huge factor in winnowing out the applying herd.
TJ and The Bear, I'm a little surprised the lowest level has recovered a little quicker than the others. I'd think the more educated would have more transferable skills.
best wishes
CR<
Another post well done, sir.
CR wrote
So did the rate drop because these people got jobs, or because these people got diplomas?
Thanks CR,
Welcome to the new normal.
CalculatedRisk wrote:
Perhaps we need to dig into the employment picture a little deeper from a relative skills perspective?
TJ and The Bear wrote:
Shovelling
is a very transferable skill.
Mr. Ridgeback goes to Washington wrote:
maybe Mr. Douche can go clean some litter off the streets of America in his free time.
Anonymous Bosch wrote:
[quoting Juan Cole]
I write in anger. Not blind rage, mind you. A cool, searing, steady anger. I think it is a righteous anger.
I'm well behind that attempt at rational anger. Billions in US$ that can't be accounted for. Bush didn't care, and Obama doesn't seem to want to find out the total amount down the toilet.
For those with Netflix, I recommend the movie: The Beast (about the Ruskies in Afghan - one lost tank that was taken down by the afghanies after Russian slaughter of villages.
You could make it today, and just change the tank to US armour.
If we have to stay there, at least we could hang a couple dozen of Karzai's minions (starting with him and bro) and throw all the security contractors down some mountainsides.
The graph says median salary yet the statement below the graph says:
Note: Data are 2009 annual averages for persons age 25 and over. Earnings are for full-time wage and salary workers.
I'm confused. Do they mean the unemployment data are 2009 annual averages. Hey, BLS, that's a pretty crappy figure legend. Now I feel better.
Edit: Maybe they mean the average of the median weekly salary over 2009?
Rajesh wrote:
We now go to our reporter in the stalls, Mr.
....
Karzai is just another piece of the Section 8 Years that can't nor wont go away, the grift that keeps on giving.
JimPortlandOR wrote:
I wish CNN would redo their stock footage of the terrorists.
They blow up the same damn T-80 every time.
Before that last little uptick in the chart the "some college" crowd -- my category, BTW -- appeared to be taking the hit, trending up whilst everyone else trends down. Could it be that this group is not only losing out to degreed folks for the better jobs, but also being considered "overqualified" for the lesser jobs?
CalculatedRisk wrote:
When your job involves running a forklift or feeding the hopper in a lights out factory, what skills do you need beyond showing up sober?
An "educated" person who has a communications degree has to be trained or retrained from scratch for any new gig.
Juvenal Delinquent wrote:
But JD, Team Blue in the Dumbass League has been the puppet team for awhile now....
What gives?
Maybe we can kick Karzai out and put in an also Rambo, it worked in the movies, even if Sly looks older than a lumpy bag of potatoes-all sporting eyes.
I could out on a limb and say the lower educated are more mobile and rent. Much easier to move to a new job.
Also, manual labour does not take a lot of training, I know a lot of construction workers who are switching to other physical jobs. Pay may be less, and the skills needed are even less. But they are keeping their children fed and housed. But they are still building here en-mass, everyone wants a slice of paradise.
Comrade Alexei Mikhailovich wrote:
Comrade Alexei Mikhailovich wrote:
No kidding. Hardest to re-train someone that thinks they "know" something and must exercise that knowledge to justify their expensive degree.
The rot set in during the Section 8 Years, and has spoiled us.
Rob Dawg wrote:
Don't they have lasers for that now. It's pretty painless I've heard.
I know it's been said here before ... "you can only fire them once, etc." So when is the most opportune time for Obama to fire Larry or Tim?
CalculatedRisk wrote:
They do, CR. Transferable to Chindia. Plumbers, otoh, not so much.
Thanks for working on a weekend.
Rajesh wrote:
Rob Dawg wrote:
you are being assimilated
A friend is working 3x $8 an hour jobs part-time, and moans about the $25 an hour she used to make having one job.
Izthat the new normal?
HomeGnome wrote:
We seek only to improve the quality of our banking experience. Your assets will be added to the collective.
Business Blog Rankings: Trumped by Krugman & Sorkin! | The Big Picture
Monthly Business Blog Rankings from Wikio
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1 The Conscience of a Liberal
2 DealBook – New York Times blog
3 The Big Picture
4 Calculated Risk
5 Techdirt
6 felixsalmon.com
7 Grasping Reality with Both Hands: Brad DeLong’s Se
8 naked capitalism
9 Seth Godin’s Blog
10 The Baseline Scenario
11 EconLog
12 Company Town
13 Freakonomics – New York Times Blog
14 Mish’s Global Economic Trend Analysis
15 Greg Mankiw’s Blog
16 Vox
17 Economist’s View
18 A VC
19 CARPE DIEM
20 Infectious Greed
Rob Dawg wrote:
Your uniqueness will be added to our own. Resistance is...
Collapse of Kabul Bank Points to Fatal Corruption of Karzai Government | Informed Comment
Yes, until the Government and the States stop changing the rules, I don't see companies really feeling safe to hire with expectations of making a profit.
I friend mentioned they wanted to go and see a financial planner, I said that would have been a great idea three years ago, but everything is still in flux. Then I asked if she had at LEAST a years worth of monthly expenses liquid. She said no.
I made the point that she needed that first, then worry about investing.
Maybe I'm wrong, it is a common occurrence.
ResistanceIsFeudal wrote:
Actually, it's "Your biological and technological distinctiveness".
Kauhna<
Been brewing lately?
Kauai_Kahuna wrote:
Good advice for starters.
Juvenal Delinquent wrote:
From what I am seeing, yes.
TJ and The Bear wrote:
The universal translator always had a little trouble with banker talk.
TJ and The Bear wrote:
We are the Bankers. You will be assimilated. Your biological and technological distinctiveness will be added to our own. Resistance is futile.
There are currently 38 members and 91 guests online.
I sometimes wonder if, for the unregistered guests here, CR is like having an ant farm.
Kauai_Kahuna wrote:
This is the stupidest excuse. Laws are always changing. They changed under Reagan; they changed under Bush I; etc.
Businesses deal with it. When Industrial Utilization is at a post-War low, why would any sane business invest in more capacity?
Demand. Customers. Business needs customers spending money. That's the top line.
Let's kill this meme before it kill us.
From the article:
He is looking for unemployment benefits and most importantly, understanding and financially capable parents who are content to let him while away his hours in leisure at their expense. I don't think many of the unemployed have that luxury, but maybe most of the unemployed are clustered in Malibu.
It sounds like just another cock and Kabul story.
Anonymous Bosch wrote:
Strange picture.
TJ and The Bear wrote:
Thanks for the correction... that's much more descriptive. Memory circuits in this damn 31 year old biocomputer are already showing wear, I guess.
Took a break this weekend, got some racking and kegging to do this afternoon.
Making a blueberry cyster that is taking longer than I expected kind of throwing off my carboy rotation.
Anonymous Bosch wrote:
Hey CR put up a new tunnel.. Let's check it out!
Rob Dawg wrote:
Star Wars: Blogs | Star Wars, Star Trek... I prefer Babylon 5 most. | A "fact" related contest: SW v. ST
The internet is more like an etch-a-sketch than an ant farm, no?
ResistanceIsFeudal wrote:
This 46yo just jacks into his Ono-Sendai... because he just can't quite get himself to buy an Apple i-something.
Rob Dawg wrote:
We're wired to follow the pig, abandoning the old tunnel...
Kauai_Kahuna wrote:
It'll do that.
Cheers.
Rob Dawg wrote:
HCNers tunnel this way and that never knowing where they're going, forever cutting through old tunnels, and mostly tunneling in unpredictable directions... but always within the confines of the farm.
Yes, and unless a new bubble is blown somehow, or continued transfer payments it will not be the "consumers".
I know I stopped all un-needed spending around three years ago, my job will be going away sometime next year. A lot of people who actually can think clearly also can see this coming, or at least suspect it.
So where is this demand going to come from?
ResistanceIsFeudal wrote:
Still rooting for truffles...
Anonymous Bosch wrote:
I'm not pulling over and asking for directions.
amiramr0 wrote:
You left off the most prophetic part: "Your culture will adapt to service us".
TJ and The Bear wrote:
It sounds like just another cock and Kabul story.
You are incorrigible.
TJ and The Bear wrote:
and trifles
Never was that much of a fan, but I did enjoy Babylon 5 for a while.
ResistanceIsFeudal wrote:
You are correct of course!.
Kauai_Kahuna wrote:
If the eggheads would drop the whole idiotic "aggregate demand" thing and realize "final demand" is the one and only, then they'd realize it isn't going to come from anywhere for quite a while. Unless, of course, they want to declare a jubilee...
ciao
josap wrote:
We'll know when the
have accomplished their task (making the US as cheap on labor as China/Vietnam et.al.). When the wages is $1 for 8 hours and you must work 25 hours a day to pay the bills, the 
will decamp to somewhere without extradiction laws on chartered jets (like the Saudi's in the US after 9/11).
We are all Red Shirts now. Oh... and ____ must be destroyed.
Anonymous Bosch wrote:
Liz has really got you going.
JimPortlandOR wrote:
Dude, they hate us for our freedom.
pavel.chichikov wrote:
ciao, pavel. Is that a "hello" ciao, or a "goodbye" ciao?
My parents often threatened to send me to reform school or {gasp} a military academy, when I misbehaved, which was often.
HomeGnome wrote:
If you aren't careful dad'll turn this blog around right now and you'll never get to see the giant pig.
TJ and The Bear wrote:
She gives out
as bribes.
and I'm not about to start apologizing for it now.
Hell, I'm guilty.
I like
James Traficant - Wikipedia, the free encyclopedia
Go Jimbo!!!
//kicks back of Dawgs driver seat repeatedly///
Are we there yet?
TJ and The Bear wrote:
.........wow........I knew I was in esteemed company, but never realized the extent. I am truly humbled.
"I think it is a big whorehouse and they better start taking care of America and stop worrying about the Middle East and worry about the Midwest."
---Jimbo speaking about Congress
Where I work, the criteria for hiring is a BS/BA, or massive amounts of work experience. And to get a waiver for the work experience takes a lot of paperwork and is a real pain in the rear.
The vast majority of the people I have hired had work experience and proven abilities to adapt. I think I have only hired 2 people who had degrees. Now, by the time they have left to move on to other jobs, the vast majority of the people I hired did have their BA/BS's, along with a string of certifications.
Our company does help pay for further education, and I "strongly" encourage people to utilize it.
HomeGnome wrote:
When you see the giant bridge bonds you'll know we're close.
hahaha my lower adv at HCN just says 'upgrade your bank' (no ID etc.)
could they know that BOA, Citi and Chase are my bankers/VISA issuers?
Kauai_Kahuna wrote:
When I watched Babylon 5 as a kid it was way better than Star Trek, I thought each episode was great, miles ahead of anything Star Trek had. I watched it again a couple of years ago, although the story was interesting, acting was horrendous!.
In May 2010, Traficant filed petitions to run as an independent in the 17th district, and said that his platform would be to repeal the 16th Amendment to the United States Constitution.
HomeGnome wrote:
I'd advocate a calendar rollback: everything after Carter just disappears.
Saturday OT, but relevant to the latest
tangenttunnel...We never had a car when we were growing up. But after the divorce Dad moved to NY state not far from the City. He tried and tried to learn to drive and pass the NY test. He failed 9 times. A time came when he found himself in CA on a business trip. Armed with his Learner's Permit, he went into the CADMV and got himself a license... which he traded in fora NY license when he got home. Perilous times for all and sundry. He had a tendency, if the radio was on, to tap out the beat on the gas pedal.
It is strange how our perceptions can change with time. I remember thinking how pushed everything seems. It looks like there was not much time for the shoots and it was just a mad rush to get it done in time for the special effects to be added.
YouTube - Woodsy Owl 1977 TV public service announcement
Speaking of driving, is the new cool thing to do is get in the left hand lane and drive 10 miles below the speed limit? I'm seeing a lot of that now days.
Rob Dawg wrote:
The modern Wayside Cribbage would include passing a dead development and losing all your points.
JimPortlandOR wrote:
Considering debt's our problem, we should at least go back to before Nixon closed the gold window.
They think they are in London.
JimPortlandOR wrote:
Kauai_Kahuna wrote:
It's called Geezers' Revenge, I believe. Had no idea I was starting a trend.
Rajesh wrote:
Lets be honest-- most current jobs do not require education, but training. Unless you are in biology, or some tech (not all), not knowing may be an asset.
A street smart sociopath could easily fill most CEO positions, and minimal social skills are all that is needed for sales, if you can follow leads or put out fires, and get along with your fellow employees.
JimPortlandOR wrote:
I'd advocate a calendar rollback: everything after Julian just disappears.
Thirty days
Hath September
April, June,
and the Speed Offender.
Burma Shave.
adornosghost wrote:
Cartel, Inc. is looking for fresh faces.
Anonymous Bosch wrote:
OK, I'll surrender if we can agree on Alexander as the point of redo.
OT: here's a theory
The bond market is betting on a major power shift in the 2010 election cycle that moves america toward austerity - like we see in Europe.
Damned if we do, damned if we don't: reps win big in 2010, neuter obama, and slash away at budgets. The economy falls fast and hard. Alternative: the dems retain control and the bond market gives the us the middle finger as they expect the profligacy to continue.
I'd advocate a calendar rollback: everything after Mayans just disappears.
Juvenal Delinquent wrote:
Old Union Oil employees never die, they just work for Chevron now. We could get rid of him anytime-- just quit guarding him. His fellow countrymen would quickly orchestrate his exit, probably feet first.
My parents often threatened to send me to reform school or {gasp} a military academy, when I misbehaved, which was often.
And now look how nice you are to your mother.
Oh, that gives me great hope, altho I really can't foresee it at this stage . . .
RockyR wrote:
He's already kinda ball-less, IMO.
Another empty suit
steelhead wrote:
They may just be a little ahead of the curve, then
OT: Gnome:
I saw your link. In fact, friend e-mailed me the same article yesterday. Not sure why they need to bike indoors in San Diego... but I'm still on the lookout for the right spot in Manhattan, and if I ever go ahead I'll use those things.
For bike racers, the most important training tool is the power meter, so stationary's should all have that much anyway.
My parents often threatened to send me to reform school or {gasp} a military academy, when I misbehaved, which was often.
Outsider wrote:
I don't think it's gonna work out, i'm loyal to one mom, you know.
YouTube - Jane's Addiction - Stop (Video)
My mother, looking concerned, "And computers won't work."
Me: "Is your computer broken? I'll fix it."
"No, when the revolution comes, we'll need some means of communication."
"Do you want me to get a ham radio"
"No, I'm talking typewriters" raises hand and makes pinching motion. "But... we'll also have to find a way to make ribbon ink."
Dead serious.
1 currency now -yogi wrote:
Awesome.
Just wanted to make sure you saw it.
We're having hamburgers shortly made from happy cows. The label says there are no hormones in it.
isn't a hormone, right?
He had a tendency, if the radio was on, to tap out the beat on the gas pedal.
That's a funny story AB. I remember my own mother starting to drive. Every time she turned a corner, her head tilted. And she has always driven with one foot on the gas and one foot on the brake. Weird.
I thought your ant farm analogy was perfect.
How the hell am I going to kayak in a freaking ant farm?
later
YouTube - Jane's Addiction - Ocean Size (Video)
JimPortlandOR wrote:
Back-- the Paleolithic Paleolithic-- - Wikipedia, the free encyclopedia it would give us a chance to possibly get it right.
First, we need to eliminate Haber:
HABER & BOSCH - Haber-Bosch process
I don't think it's gonna work out, i'm loyal to one mom, you know.
None of you males are that different. If it applies to one, it must apply to all.
Time to tend the Dresdenator...
Adios muchachos
How the hell am I going to kayak in a freaking ant farm?
We're only in the ant farm when we're zoning out from real life.
Kinda like in Avatar.
Otherwise we're no longer our avatar images, but our physical selves.
Speaking of which, guess it's time to suit up again.
:byeallagain:
CalculatedRisk wrote:
The more educated, especially as they progress in their careers, become overqualified for most jobs outside of their specialty.
Particularly so if they are in a narrow specialty, and have done all of the continuing education (formal or otherwise) in their own field.
What saved me was that I have had several careers in different (only loosely related) fields.
A slow but steady stream of Las Vegans is moving away in search of better luck.
.....Among U-Haul rentals, more are heading out of town than arriving, (2-percent margin) and managers have noticed more last-minute move-outs. Instead of making reservations for a truck, a lot of residents are renting vans on a walk-in basis.
.....The Census Bureau estimates that from July 2008 to July 2009, the migration out of Clark County exceeded the migration in by 1000+.
.....Fewer driver’s licenses have been surrendered (from other states at the DMV) compared with past years (down 3.3%)
.....3,748 homes were sold in July, down from 4,602 in July 2009.
.....Occupancy at extended-stay motels has also fallen sharply such as the Emerald Suites - their rate declined from 75 percent in 2006 to 48 percent six months ago & room rates were reduced about $20.
.....The national unemployment rate is 9.6 percent, compared with 14.8 percent in Las Vegas.
.....There has also been an increase in one-way bus tickets out of Las Vegas, he said.
Desert Mesa Ghost Town - Las Vegas Sun
Black Star Ranch wrote:
Not as bad in Az, but no increase in population over birth rate
This was before 1070, so I'm sure we have lost more. Most seem to be moving to Tx.
Yup, a Prius driver's day is not complete unless it can cause a fifteen car bottleneck by crawling in the fast lane.
Black Star Ranch wrote:
I keep waiting for the YouTube of the turning out of lights/signs on casino row.
But maybe the NV economics cliff is just what the nation needs: it will save the cost of evacuating NV and AZ when global warming turns them from desert to Sahara (not the casino). Close you eyes and picture Boulder/Hoover dam with no water behind it (and no electricy for NV).
Hmmm maybe a camel rental biz would be a good investment. Edit: "See the pyramid along the strip", the "Eiffel Tower on the cheap", (lol)
All of the homes in the photos that are going to be demolished, none of them have a garage door. Kinda strange.
after John Bonehead's comments, Obama can't fire either of them, lest he appear to appease the Republicans. and that whole fail "can't change a horse in mid-stream" argument.
Jane's Addiction - Mountain Song (Official Music Video) - Video
Kauai_Kahuna wrote:
I dont know if I would call it cool, but I do wish the police would enforce the law around here about that. In my state(IL) you can technically get a ticket for driving the 'speed limit' in the left lane, if it is below the pace of surrounding traffic.
Granted, none of the people doing it here seem to have a clue they are the ones braking the law, and instead give me dirty looks and colorful hand gestures to 'go around'...
Windward.Broach wrote:
He is driving the speed limit. Only terrorists drive above the speed limit.
RevolutionWillNotBeTelevised wrote:
Fly on Freebird.
Hey! I got a job. I've bitched on here in the past about not finding a job as a recent college graduate. But i did, so now i'm going to go get lost in the desert for 3 weeks... My cubicle awaits
j diggles jr wrote:
Congratulations!
But I think you're a little late for Burning Man...
sm_landlord wrote:
Burning Man next year could well be Burning Men: the death of the
That's great to hear, welcome to the collective!
No i'm going to utah
i live in colorado but the job is way way back east
song for our times:
YouTube - Get A Job-The Silhouettes-original song-1957
If you go skiing next winter, remember that Easterners ski on packed ice, not packed snow like colorado.
"Desert Mesa Ghost Town - Las Vegas Sun"
Add Gordon Freeman with crowbar...so Half-lifeish photo.
Black Star Ranch wrote:
I'd look for that trend to accelerate. Too bad we don't have a chart to show the in/out migration historically.
I wonder what proportion of the adult working age population have attained those several educational levels.
Are jobs open to HS grads more plentiful today?
BlackStarRanch wrote:
I know at least one couple who bought a condo in LV recently with no intent to move in, but use for visits and hold for appreciation. Cost $65k so not a lot of cash tied up.
Windward.Broach wrote:
Berkshire double black diamond equals Sierra green square trail.
burnside wrote:
Yes, lots of openings for peasant and servant.
picosec wrote:
Boats are a better investment.
j diggles jr wrote:
Very good news.
Congrats.
TJ and The Bear wrote:
It almost sounds like you're calling a bottom in Vegas.
sm_landlord wrote:
they are called escorts, dude.
picosec wrote:
What is the "appreciation" of which you speak? I am intrigued. :youhaznewsletter?:
HomeGnome wrote:
So you are calling a happi ending to the real estate bust in Vegas?
sm_landlord wrote:
I must be sugarcoating things...
Rob Dawg wrote:
Perhaps they'll really appreciate owning a worthless Vegas condo?
Another one bites the dust.
Your Money - How Debt Can Destroy a Budding Relationship - NYTimes.com
Vegas is a shithole out in the desert.
WhyTF would you live there?
Rob Dawg wrote:
It is fun watching an East Coast skier look at High Yellow or Our Father at Squaw.
HomeGnome wrote:
Money see, money doo-doo
HomeGnome wrote:
The jobs and appreciation.
you can technically get a ticket for driving the 'speed limit' in the left lane, if it is below the pace of surrounding traffic.
The prevailing pace on the DC Beltway can be 90 - 100. Many knuckleheads are killed and injured.
adornosghost wrote:
You sure you're not thinking of watersports?
When in Rome, I don't drive on the left lane.
There is a friend of the family that lives in Vegas and has been robbed multiple times in the last couple years.
She's on SS and can't really afford to move but there's been talk in the family to get her moved to a different state.
Did I mention she draws a pension from the state of ILL?
Bummer, dudette.
how many people are in each of those education catagories? I'd guess there must be 5,000 high school diplomas to each master's degree. and you'd wonder why the master's get paid better. it's supply and demand.
Kauai_Kahuna wrote:
Mrs. Gnome and I drove in Rome last Sept.
Why do they even post a speed limit or paint the lines on the roadway?
HomeGnome wrote:
Nope- I think it refers to the those who are hesitant to take it.
Total ponzi moment:
Read more: http://www.californiahealthline.org/articles/2010/9/3/state-to-offer-9m-in-loans-to-clinics-during-budget-stalemate.aspx#ixzz0yboWQCrv
HomeGnome wrote:
"Anyway, in November 1970, Bernie, then Patrol Director, initiated me into the world of avalanches. At the time Bernie was a long time avalanche hunter who loved control work. I was assigned to be his second on the High Yellow route. In those days this route controlled all the paths from the Summit lift south to Shuttle Cornice; forty-five plus shots, more than forty pounds of explosives for each member of the two-man control team.
We left the top of the Summit lift hiking the ridge top above Alpine Bowl and were immediately in the midst of a blizzard, with howling winds and visibility barely beyond our ski tips. Kingery was hooting and hollering, having a great time . I was totally freaked. Bernie, of course, knew my limitations. He let me feel the power and experience the magic. By the end of the mission, an eternity later, I had struggled with the powder, gotten lost, misplaced Bernie for a while, thrown my first bomb, gotten my first avalanche and was completely hooked. My life took a new direction that day. I'll never forget it."
Rob Dawg wrote:
They are going to lend IOUs?
And vendors to the hospitals are gong to accept them?
hhahahahahahah
steelhead wrote:
From the article:
But most of the underemployment or discouraged worker at 18 - 20% per mo is in the bachelor degree or higher which is a telling sign for viability of mostly US service economy.
josap wrote:
Unfortunately, with the backward state of US health care system, with our embarrassing life span and infant mortality rate, etc, it probably makes economic sense.
In a more rational world, this would be absurd.
amiramr0 wrote:
that's 42.5K a year for those of you scoring at home.
josap wrote:
California is "lending" the money they were going to pay these entities anyway as part of the normal budget. Once the budget is passed, the entities will "pay back the loans" using the money that California will then be able to "pay" them.
Shell game to escape the fact that California is not allowed to "pay" without a budget.
Dems' prospects threatened by economic woes - Yahoo! News
Once again if GOP takes House ( high probability ) things are going to turn even fuglier
HomeGnome wrote:
Here is a better one:
OT:
One less TBTF to worry about?
Anglo Irish Bank to be decommissioned: minister
| Reuters
km4 wrote:
It has both pluses and minuses-----
Plus-The system will crash faster, and it will be petal to the metal right into the fast approaching wall.
If there is one thing the repugs are good at, it is putting this into the ditch fast.
The dems are a slow death.
Minus: Many will suffer with ideologically misguided policies from simpletons.
amiramr0 wrote:
Insane, just totally insane.
Twiddle Dee and Twiddle dumber? Can you really see a difference?
amiramr0 wrote:
Hey, at 2.5% over thirty years that's only $987.80 a month!
@ 4% it's only 360 $1193.54 payments.
adornosghost wrote:
Elephants and Asses
Trampling the Masses
Something tells me she would love having "SAVED" 250K a lot more, but it may not have been as much fun.
Could she short herself?
Fake her death?
Weird, weirder, California. Lending IOUs...what next? Free Botox treatment for firemen instead of salaries?
josap wrote:
Yes. But then again that is exactly what the writer of that article wanted us to feel...
HomeGnome wrote:
She didn't take math you know. How could she know there is no way to live and pay the debt at the same time.
HomeGnome wrote:
Bipartisanship:
"I'll hug your Elephant if you kiss my Ass"
lawyerliz wrote:
This might explain the crackdown on fake IDs that started around the time the new BK law was proposed.
Silly josap, she can't pay this back and therefore, she won't.
adornosghost wrote:
lawyerliz wrote:
I'll take the Default with the wage garnish and the BK side.
Sold out of BK?
I'll have the debt slave side then.
lawyerliz wrote:
Unless she dies before getting social security, she will pay it back.
They can take your SS checks to pay back Fed school loans.
The will keep all tax refunds and can lien whatever they like. (not that she will ever be able to get a loan to buy anything with that amount of debt)
josap wrote:
You are assuming a BAU situation.
In 5 or so years this will not matter (maybe less).
Get married (or not) and stay home with the babies, and never have anything in your name.
josap wrote:
The new law allows all debt to be forgiven after 25 years or 10 years if you consolidate using a direct loan from feds.
Know what you want. If you could keep current with smaller monthly payments, check out the various payment plans, including "graduated repayment," which gives low monthly payments for a few years then gradually ratchets up, or the new "income-based repayment," which caps payments below 15 percent of your income. After 25 years of income-based payments, any remaining debt is forgiven. If you're having money trouble because you're a low-paid public servant, make plans to consolidate your loan directly with the federal government and sign up for IBR. After 10 years of payments, the government will forgive the rest of your debt—but only if you have signed up with IBR directly with the federal government.
unfortunately, i know too many students who've got this all figured out: tread water until:
adornosghost wrote:
BAU?
Using the new 25 ibr repayment plan, I have not done the math but i suspect she will be paying a lot less than the debt she took out.
dreamer wrote:
Cool, free money.
Back to school for me.
What I don't get is who is so insane to lend them so much money?
It just doesn't make any sense, there should be a limit on total lending for college, say equivalent to one year of median income in the field in which your major is.
The new law allows all debt to be forgiven after 25 years or 10 years if you consolidate using a direct loan from feds.
doesn't cover private student loans, which are the horrors of federal student loans^2.
@adornosghost
good points
@Kauai_Kahuna wrote on Sat, 9/4/2010 - 5:40 pm
Hey I'm on record as being completely disgusted with this 2 party pimp system for corporatocracy
Merica will get what it deserves until we see a 3rd party come to power with REAL
not the fake kind 
And risk her credit rating?
adornosghost wrote:
LOL.....good one ghost......
josap wrote:
business as usual
Do I have to have earned income before I start paying off the loan?
I am 57. School till 67, no payments ever.
Early retirement plan.
Totally OT:
Mrs. Gnome and I have had the windows on our home open all day.
Sleeping with them open tonight.
Low of 63F.
Finally.
Sounds like something to look at really.
Or you could just become a permanent student called professors.
josap wrote:
LOL........that's the plan I want - except with NO school. Just send me the cash - I need more implements for my Deere and then watch me 'misplace' them and then die - Eff 'em.
Hey, that sounds fun. I can take spanish and anthropology and beginning geology and all that other fun stuff I didn't take in college. (I graduated with 151 credits, never enough). Go to jr college for the rest of my life. Be the curve breaker. hahahahahahaha
Black Star Ranch wrote:
Yep,
It's time to plow.
http://www.emcdtractors.com/images/John%20Deere%20Girl_big.jpg
lawyerliz wrote:
Lay off the
lawyerliz wrote:
Yeah - I second that. It's about time us Boomers got our share. I'm tired of doing everything for other people - it's time for me and mine finally - run your own yacht for a change - thanks for nuttin'............LOL.........
Black Star Ranch wrote:
I agree.
To fathers everywhere.
HomeGnome wrote:
Oh boy that's pretty!..............the girl ain't bad either....
Earn the emnity of all the kids who I am old enough to be great grandma to (barely). hahahahahahahahahashahahahhahahahahahashahahahahahahahahah
Black Star Ranch wrote:
I know.
Check out those headlights!
Redacted.
HomeGnome wrote:
So we've had several variants of the unemployment rate against certain variables but I still want the tail of the duration of employment - how many ( what % ) are unemployed for 30, 40, 60, 70, 80, 90, 100 weeks.. If CR can't chart that its gotta be difficult ( or not relevant
) - time for me to try and figure this out.. O what a bore.
O yeah. thx CR - needless to say.
josap wrote:
But it's a DRY heat.
Well, Chinese slaves are going to do all the work anyway soon until they will be replaced by robots because two dollars is way too much as daily salary. So why not just study...in 20 years you could be half-doctor, half-geologist, half-psychologist and many other halves
The United States is the world's largest energy consumer in terms of total use, using 100 quadrillion BTUs (105 exajoules, or 29 PWh) in 2005.
How many watts is 29PWh?
Or more directly @ $4/ watt how much do I need to spend?
It was kind of a sad day here. I traded Belle (our angus hereford beef cow) for some barn lumber. We think she's pregnant - if so, we get the calf for meat.
So is a frigging oven, still doesn't mean I want to be in one.
HomeGnome wrote:
peta 10^15
Peta- - Wikipedia, the free encyclopedia
I will build my self a small mountain and sit on top of it and despense advice as guru-ette.
Luckily in Florida you don't need much of a mountain to sit up high.
Black Star Ranch wrote:
NO way.
taking the news?
How's
BSR - I hope you got a lot of lumber!
http://www.pappasblog.com/wp-content/uploads/2007/08/fuck-this-ill-be-a-stripper.jpg
I've heard reports of folks coming down with attitude sickness in the Florida Alps, comes on all of the sudden.
lawyerliz wrote:
I think those are called Cougar Mounds, Liz.
HomeGnome wrote:
The unit you want is kWh
Here's the average breakdown across the US
Electric Power Monthly - Average Retail Price of Electricity to Ultimate Customers by End-Use Sector, by State
Looks like a US average of 12 cents per kWh. I'll leave the rest of the math to you
Black Star Ranch wrote:
You think ? Dude I don't want to tell you your biz - but a word in the shell-like may be necessary here.
seriously don't you use (high rate) AI ? I mean, I was taught it in the late '60s, in the UK. You don't let nature take its course, do you ?
Kauai_Kahuna wrote:
.....most everything I need for a 30X45 barn........I couldn't bring myself to eat her anyway. I'm a sissy. He'll keep her here for awhile until I get her preg checked.
Baby steps to censoring the net? Or just good taste.
Kind of a grey area to me.
Craigslist strikes adult services under pressure - Yahoo! Finance
curious wrote:
I will have my revenge.
Reading's hard!
Kauai_Kahuna wrote:
Who cares if everyone is of a legal, consenting age?
I sure don't.
HomeGnome wrote:
Petawatts. Like petaflops. At $4/w spend enough so that your electricity bill is 60-80% of previous. After rebates and credits even a 100% loan with be less than what you were paying.
Ummmm, do you just have stray bulls wandering around in the desert, looking for a cow to fool around with.
I mean they are big! Perhaps a buffalo.
lawyerliz wrote:
Well, yes we do.
Rob Dawg wrote:
I know Dawg, but I can't very well put that in the manifesto, er, um, letter to the editor.
I need verifiable numbers and facts and links.
How much do I need to spend to outfit every home in America with 80% of their usage as PV?
Kauai_Kahuna wrote:
Yes for 1, as such it's bad taste.
I agree with HomeGnome.
Black Star Ranch wrote:
That's going to be interesting reading at the IRS of your various 1099s. You did prepare 1099s... or are you a terrorist?
lawyerliz wrote:
Belle's first and only calf was "Mouse" - he's our 15-mo old bull now (black angus & hereford) - he impregnated Belle, MisBehavin and MilkShake and gettin' bigger.
Yes, the ultimate war against the middle east and not a shot fired.
lawyerliz wrote:
America to OPEC:
It's over. Goodbye.
Black Star Ranch wrote:
Do you happen to be living in West Virginia?
Incest!
Rob Dawg wrote:
LOL........they know where I live - they've met with me a few times.
Black Star Ranch wrote:
WTF goes on out there in the desert?
Talking about cows...interesting fact: one cow consumes something like 5000-7000 kcal per day but weights 1200++ lbs/600++ kg. So average hardcore vegan weighting maybe 130 lbs/65 kg consumes relatively much more with 2000 kcal daily consumption
Want to save the Earth? Eat some meat too 
.......it's gotta be the beautiful night sky.......
Black Star Ranch wrote:
It's highly unlikely that Stormin' Norman is a terrorist.
How's the old boy doing these days anyway?
Black Star Ranch wrote:
You are kidding me ? that's freakin' incest surely ? You guys.. cattle farming has moved on - or maybe I was taught incorrectly.
TJ and The Bear wrote:
Yes. Exactly. My son is in the same boat.
lawyerliz wrote:
Let us call it Money as a Weapons System (MAAWS)...
HomeGnome wrote:
There is allot of nothing out there, strange things happen.
skk wrote:
Well, the Brits might not be the best model to learn from in this particular area . . . .
Bovine spongiform encephalopathy - Wikipedia, the free encyclopedia
vacachupras?
Mr. Ridgeback goes to Washington wrote:
Yesterday. If that doesn't work try 'today' - repeat until accomplished. [Some one up on code 'do loop' the damned thing and send it to them, please]...
HomeGnome wrote:
Norm's almost stopped drinking his hootch and is a ornerier than ever. Many cows get line bred. Usually with better pedigrees than my mutt cows, but the beef still tastes sweet and tender. I KNOW what my cows eat. Today was a treat for them - they chowed down a bunch of local apples we picked as well.
dryfly wrote:
Sorry to hear it.
Aren't you supposed to be at some trick shot pool thing tonight?
Did the 'shovel ready' projects executed through the stimulus plan distorting the numbers?
HomeGnome wrote:
LOL.......not anymore.......Uncle Darrell prefers I stay home nowadays.........Going into a smoky bar takes a week off my life and two weeks to get over nowadays....no thanks.
HomeGnome wrote:
LOL - like he doesn't know that. I am encouraging him to get back in school - this time on the cheap - part-time local state college, work in a related field part time. The work experience will get him the job, the degree will get him the interview. Know what each is for and never confuse the two.
dryfly wrote:
No one wants to learn to roll in Shit Creek but it happens, ya know?
Thoughts?
Schnitzer Steel » Home
Schnitzer Steel Industries, Inc. is a recycler of ferrous and nonferrous metals. The Company is a recycler of used and salvaged vehicles, and a manufacturer of finished steel products. It operates in three business segments: the Metals Recycling Business (MRB), the Auto Parts Business (APB) and the Steel Manufacturing Business (SMB). In February 2009, the Company acquired a self-service used auto parts business with two locations in California. In March 2009, the Company acquired a metals recycler in Nevada, providing an additional source of scrap metal for MRB’s Oakland, California export facility. On October 2, 2009, the Company acquired four self-service operations, which are located near the Company’s MRB export facility located in Portland, Oregon and sold its full-service used auto parts operation to LKQ Corporation. In April 2010, the Company acquired Golden Recycling & Salvage, Inc. (doing business as Golden Steel & Recycling).
Kauai_Kahuna wrote:
Like people need Craigslist to maneuver plugs into sockets...
dryfly wrote:
flaminia wrote:
Ooohhh ! Busted
More seriously, I'm pretty sure I'll find the link describing how BSE exists in the US and the.. - but it more seriously reminds me - I know intimately of the only victim of CJD ( human expression of BSE ) in North America - an Indian( subcontinent) origin guy - who was in Saskatoon Canada Mann the miserable end as described to me by Rxxx who visited him regularly - traveling XXX miles - she talked as true Indian origin people can, with her hands, not as voluble or expressive as Italians though - but man they freakin' starved him to death, even as he apparently pointed to his mouth indicating he wanted to eat - and famine/hunger is soooo evocative for Indian origin people - mannn I was ready to start funding a court case .. but the family says - let it be. so I let it be.
Hoopajoops LTD wrote:
Scrap is always good business...
BTW check out one of the job descriptions [thinking of CR's comment above about skills & education]...
Picker
My favorite... Ability to pick out non-metallic substances off of a moving belt ... wonder where you go to school to learn that?
closely held illiquid dividend history.
I do allow them an account.
dryfly wrote:
College...
.
.
.
.
.
.
.
.
Cafeteria.
I'll add the LKQ is a hot-bet of liquidations, I keep an eye on that inventory.
+1 Dawg - trying to convince my youngest he should get a part time job at the cafeteria this semester... more ammo.
Animal house, John Belusi (sp?) comes to mind. Eat half of it before checking out.
There was also that "I love Lucy" chocolate factory scene.
:peacedawg: is a dirty word.
dryfly wrote:
I never understood the vajazzling thing myself.
TJ and The Bear wrote:
I wonder what emigration rates will be for the US in the next five years, especially skilled workers. They don't keep track but the outflows might be the highest in US history.
Q: How much cash on hand do you the Irish government has?
Rajesh wrote:
Not enough.
Rajesh wrote:
If you have to ask that question out loud the answer will always be; "not enough."
Edit: waves tiny fist at dryfly
Yet more of "we have learned nothing".
So much for a bottom any time soon.
No Money Down Mortgages, Small Programs, Creep Back - NY Times
dryfly wrote:
Luckily US and European banks don't have that problem.
dryfly wrote:
Nor does any other country. We seem to all be in the same sinking ship.
HomeGnome wrote:
safe for work: http://4.bp.blogspot.com/_6MYxNzDjf8U/S4qui59ciRI/AAAAAAAAEWA/YgOJ8qzSUCs/s320/vajazzle.jpg
dryfly wrote:
If Anglo-Irish bank were the open on Monday and face say €10 billion in withdrawals, would the government(the current owner) be able to tide them over until they sell assets?
This could be Northern Rock without the ability to print money.
Kauai_Kahuna wrote:
$115,000K house
67 cents down
32K income.
Edit: This is what I've been waiting for, TPTB don't believe there was anything wrong with what happened until 2006/2007, so there is no reason for us not to go back to zero down.
YouTube - The Cult - Peace Dog - BBC Broadcast - 1987
:peacedawgsdroppingbombs:
BF-2 Baby.
Rob Dawg wrote:
I really can't take credit for it either - its the 'trivial solution'. True for them all right now, uncle included.
There are just so many things wrong about this article and quotes.
Rob Dawg wrote:
Um, wrong hole, Dawg.
Three stroke penalty
Rajesh wrote:
about enough for another pint, mate.
HomeGnome wrote:
Pffft... they always got that.
Kauai_Kahuna wrote:
"Moreover, they say, the housing market needs such nontraditional lending, as long as it is done prudently. "
oxymoron / doublespeak.
Edit: the entire article shows exactly how much we learned from the meltdown.
dryfly wrote:
There's only $2900 in scrip and coin per person floating around. I'd like mine in nickels please.
dryfly wrote:
Then what's the problem ?
Now,now kahuna,I am sure that the income requirements won't be loosened. As long as a mere 55% of your gross goes to the mortgage everything will be fine,right?
I'm probably worrying over nothing.
The banking crisis is contained.
The sovereign debt crisis is contained.
€25 billion over a 4 million population is about €6000 per person. They should be glad to pay that amount to get rid of one bank.
Rob Dawg wrote:
Man, I'm glad JD isn't around.
Otherwise it's all that steamroller talk.
And the non stop wit.