I'm still waiting for an economist to be asked on CNBC about the bad job numbers and just hear him say "It's due to us being f**ked going forward". I guess it's too much to hope for a bit of truth on TV.
As Barry Ritholtz has pointed out, the field of economics today has become a joke. It's hard to believe that a field of study could have drifted so far off course into obvious delusions...unless it was done intentionally.
From what I read and who I talk to, business owners are just tired.. tired of fighting for business, tired of fighting to make payroll.. tired of the government being unstable.. tired of worrying.
I expect massive layoff this year as business owners just cash out and head for the hills...
We're gonna have to 'live blog' the Canada-Russia game... along with EHP. That's could be the best game of the tournament. Hopefully I'll be near an internet & a TV feed.
in 1996 there wasn't the automatic countervailing force of the Birth/Death model for the CES, it was some less responsive quota system, so there's that to look forward to
We're gonna have to 'live blog' the Canada-Russia game... along with EHP. That's could be the best game of the tournament. Hopefully I'll be near an internet & a TV feed.
dryfly wrote:
The thing that amazed me is the Russians looked like they've played 60 games together this season already - like they fully understood the 'system' they were expected to execute.
I've only watched a few minutes of the Russians, and the only Canadian game I've caught in its entirety is Norway. I've been on the road way too much the past two weeks, but that ends on Wednesday night and I'm intending on watching every second after that.
I'm wondering if my kid will take a liking to hockey. I wasn't given much of a chance when I was growing up (I didn't really start playing organized hockey until my early teens), but if he has the spark, I'd love to see him try.
Apparently the weather negatively impacted the jobs report in January 1996, and net employment turned negative for one month in the middle of a huge job boom.
What? No icon available in the top posts?
Here let me bracket:
< 170k/mo recession deepens.
200k-290k/mo stasis.
320-360k/mo honest recovery.
400-450k/mo hope to return to previous levels this decade.
---Then you, sir, must give a big "F*ck you" to the RCMP.
Get that machine out on the open road, noob and open it up.
Get it the speed up to where you feel it is DANGEROUS.
I mean feel it in your balls, man.
You'll be better for it.
...a field of study could have drifted so far off course
I'd have to say the "efficient markets" theory of the Chicago School of Economics has been pretty well proven to be defective, at the very least.
The Keynesian alternate suffered from the fact that it wasn't truly followed. As mock has pointed out, we never saved during the fat times, so we wouldn't have to borrow so much in the lean.
Russia-Slovakia was a good game, only saw some snippets of that one
if Canada gets past Germany it will more likely be Getzlaf or Nash laying out Ovechkin instead of Ovechkin Jagr-ing someone like Crosby
as for Russia, when I saw them in the Slovakia game they were definitely a team of individuals
Canada had a great practice today, very sharp passing apparently, and if they don't get burned out then losing might just have been what was necessary to focus them
Yeah - there was some talk last week about the snow storm hitting right when the employment surveys were taken. And I'm sure there will be more articles next week cautioning about this ...
Heck, pretty soon we will be talking about the impact of the Census hiring (it will have some impact this month), but it will be crazy in April.
Get that machine out on the open road, noob and open it up.
About 10 months ago I attended a funeral, for a relative, and ended up sitting in the front of a packed church. It went on about 45 minutes longer than I anticipated, and since there's no polite way to excuse yourself in the middle of a memorial service I stayed until it ended.
By then I was at least 30 minutes late for a meeting I had that was normally a 90 minute drive away. I averaged 90mph and about 10 minutes from home I saw a car about 2 miles behind me. I slowed down to a reasonable 75mph, and sure enough it was a cop, who proceeded to pass me at about 100mph. I don't know how he didn't clock me, but that was my wakeup call.
as for Russia, when I saw them in the Slovakia game they were definitely a team of individuals
I didn't see that game - the Czech game made me wonder if the wall was still up. Leaving blind drop passes to trailers like they could read each others mind.
I am being serious here, noob; and you know that is a rarity for me.
FEEL the FEAR man.
Smell it; breathe it in.
Envelope it.
Then, and only, then will you be ready.
Open it up.
"I expect massive layoff this year as business owners just cash out and head for the hills... "
I think it is happening already, too bad there weren't good stats on it, but i see a ton of small businesses shutting down, restaurants, small retail shops, etc just closing the doors.
I guess the best stats have been the small business surveys, which have been just dismal.
I caught the 1st period of the Czech game, and my impression is that they were pretty sloppy.
The Czech's played real well early - by the middle of the second period though the Russians owned it until they [again] relaxed. Czechs almost pulled it off.
After watching that game and then Canada-USA I wondered if the Rus would be playing the Czechs for gold & silver and the US-Can-Sweden-Finland playing for 'base metal'. I didn't see the Swedes play the Fins. Can't speak for them.
Let me get this straight, in an economy that is still losing jobs on net, businesses shutting down because of the weather will lead to an OVER reporting of unemployment?
After seeing ZH's post on the FDIC encouraging people to save money, you have to ask about other oddities?
.
Edit: Nothing screams "Oh no!" like the FDIC needing people to put cash in the banks.
• Weather interrupted work, but people weren't laid off because of bad weather, so the jobs report should show an increase in hiring needed to clear the backlog, gotta keep up with the recovery since weather didn't affect half the country or trading partners
• Weather did stimulate the economy, getting people to spend more than they had planned. However what they spent money on mostly doesn't have much impact on hiring in the USA.
• Weather kept people inside with nothing to do but shop online
• Weather provided a large captive TV audience, which increased ad spending, which is an important economic sector
Not going to help retail either. Plus my electric bill has doubled from what it normally is. Going to be less cash in the pocket. Especially here where 3000 sq ft home is the normal size
online sales were flat vs year ago through first week of January btw http://pulse.chasepaymentech.com/
scroll to bottom
keep your fingers crossed for Japan's expanded financing of new ship orders and China's step towards guaranteed (by providing 'financing incentives') housing to alleviate the crippling cost of living [what's another $1tn of debt for local governments in China, they have stable income streams based on land sales and development]
"I expect massive layoff this year as business owners just cash out and head for the hills... "
I think it is happening already, too bad there weren't good stats on it, but i see a ton of small businesses shutting down, restaurants, small retail shops, etc just closing the doors.
A shame, really. In a sane world, this would be a perfect time to start a new business. Lots of talent available, no problem finding office space, low inflation environment, plenty of used equipment available inexpensively, etc.
But we have rising taxes, crazy regulation, flailing governments, zombie banks, decaying infrastructure, and generally misallocated resources.
I guess I should just hope for the best and shop for surplus Aeron chairs on Craigslist.
Heh, I actually hate that app. I've tried and tried to play, but I've found it to be incredibly frustrating. Which would most likely make it realistic, now that I think of it.
And I actually do have TPS reports to finish, two of them, but not until tomorrow night
dryfly, I didn't have a chance to post a response in the last thread because I was on the phone with my wife, and now I have to head out and entertain some business associates, but congrats on your kid's swimming success. I hope he puts down the long enough to get himself a free ride.
"At other schools, teachers use paper judiciously. At Elgin High School, when teachers hand out homework, one day's assignment might be on one side, and the next day's on the other,"
IOU FROM ILLINOIS
The top 10 districts owed the most by the state:
No.
District
Amt. owed as of Feb. 17
1. Chicago Board of Education $202,757,843
2. Elgin School District U-46 $11,358,602
3. Thornton Township Schools $8,670,815
4. Rockford P.S. District 205 $8,529,855
5. Bloom Township Schools $7,854,484
6. Worth Township Schools $7,850,122
7. Proviso Township Schools $7,463,131
8. Maine Township Schools $7,441,847
9. Plainfield School District 202 $7,104,737
10. Wheeling Township Schools $7,082,304
The ZIRP will continue until morale improves?
.
On a more serious note, what benefits do you get from a 0% at a bank? Some physical security, but with the risk of frozen accounts and bank failures?
.
broward wrote:
No talk about FDIC begging for deposits?
Mix the FDIC's fund raising campaign along with Citibank's new withdrawal policy, and I think we have ourselves some risky events coming down the pipe this year.
Mix the FDIC's fund raising campaign along with Citibank's new withdrawal policy, and I think we have ourselves some risky events coming down the pipe this year.
In the distance Yagij spotted the gathering clouds of "Hark!"
On a more serious note, what benefits do you get from a 0% at a bank? Some physical security, but with the risk of frozen accounts and bank failures?
Several of my banks have already failed, one actually seized by the FDIC, others were TBTF or quietly merged. It's actually been pretty painless. But why would you want to leave significant money in a savings account at 0.5% interest? Might as well stuff it in the mattress.
Spaghetti has become more complicated since I made a perfect meatball the other day. My eldest now wants dad's special spaghetti and meatballs only. They take a little more work. Kids take after the wife. Can't stand soda. But they do get goofy around orange juice.
Last year the US economy shrank by 2.4 per cent. But the budget deficit was 10 per cent of GDP. Without that deficit spending, the economy would have shrunk by at least 12 per cent, i.e. 2 per cent plus 10 per cent. Even after that deficit spending, the unemployment rate is 10 per cent, interest rates are zero, and central banks around the world are printing enormous amounts of paper money to prevent economic collapse. This policy response is supporting the global economy but it has not even targeted the structural flaws responsible for the crisis.
The point being: the world’s largest economy and engine of global economic growth — the United States — is simply not a viable concern any more. The country is de-industrializing because wages in the US are up to 40 times higher than those in developing countries like China. Therefore, the United States makes very little that the rest of the world cannot buy somewhere else much more cheaply.
In the distance Yagij spotted the gathering clouds of "Hark!"
off the Starboard!
.
"Hark, the herald ers sing, 'Glory to our squid-like king!'"
.
sm_landlord wrote:
But why would you want to leave significant money in a savings account at 0.5% interest?
My point. Why get people to save money in a bank? Physical security? Bank holidays and redemption limits seem like a high cost for physical security of money you may get a few days too late.
And I actually do have TPS reports to finish, two of them, but not until tomorrow night
My wife is in the other room writing annual reviews for those she supervises - I tried to ply her with wine be she'd have none of it. So if any of you are reading this - I tried.
Regarding CA revenue collection via traffic fines....I fully concur there has been a huge increase in the amount of CHP patrolling for, you know, "safety" reasons.
I got tagged with a California Rolling Stop around midnight in the middle of nowhere with no other traffic anywhere to be seen. The "safety" officer was hiding with his lights off behind some bushes. He asked me why I didn't stop and I told him I didn't think you had to in California. No dice.
But I won't pay the fine. Instead I hired one of the $99 traffic lawyers to delay and delay and delay until it gets dismissed. My tactic is to throw their B.S. right back at them.
Just walk in and leave the wine on the desk.
It will be consumed.
I did one better - opened a bag of chocolates [mixed bag of mini-chunk, some dark - some milk chocolate]... left it near where she's working. It'll disappear. Her co-workers better pick up a round of my favorite vice for me next time.
Well, here are some folks who can join the ranks: "Sears Holdings Corp., the nation's No. 1 department store chain by revenue, will shut 21 underperforming stores May 9."
Thankfully, the Army accepts recruits in their 30s. I never thought I would be contemplating that at this point in my life. Who's the next country up to be bombed?
In Taoist philosophy, yin and yang arise together from an initial quiescence or emptiness (wuji, sometimes symbolized by an empty circle), and continue moving in tandem until quiescence is reached again. For instance, dropping a stone in a calm pool of water will simultaneously raise waves and lower troughs between them, and this alternation of high and low points in the water will radiate outward until the movement dissipates and the pool is calm once more. Yin–yang, thus, are always opposite and equal qualities. Further, whenever one quality reaches its peak it will naturally begin to transform into the opposite quality: grain that reaches its full height in summer (fully yang) will produce seeds and die back in winter (fully yin) in an endless cycle.
yagij was logged in FOUR times simultaneously yesterday
HCN was acting funky on my yesterday. It continuously kept asking me to log into the site even though the Who's online showed me as logged in. There is definitely something buggy under the hood, but besides the named profile URL, why not stop at the Most Logged In Of All Time!
5 computers. One serving under *ix, one hackintosh netbook, one honest Mac laptop, the business machine and sometimes a test bed. Logging out is for people who see a future in meatspace.
Fans of Roman history must be about ready to hang themselves seeing the analogies to today and our stupid wars. Still, a guy needs money, and I'm running out of options.
My friend who has a hackintosh read the eula for OSX and it says the o.s. can only be used on apple branded products, so he put an apple sticker on the lid.
Watched a documentary yesterday called "The Dark Ages"; which described the factors that led to Rome's downfall. Pretty depressing. Definitely a Mad Max scenario. The Colosseum went from the world's greatest stadium to a barnyard.
Still, a guy needs money, and I'm running out of options.
Depends on the war and the reason. Following Trajan into Dacia was rather profitable for all (Roman) parties involved. Now leading Augustus's legions across the Danube into deep, dark Germania had a totally different result.
.
We still haven't really had our Sulla yet so we have some time for the old, fat landlords of our country to nitpick, pillage, and picker amongst themselves before a young upstart gets a chance to hang 'em out to dry.
Fans of Roman history must be about ready to hang themselves seeing the analogies to today and our stupid wars. Still, a guy needs money, and I'm running out of options.
Ya and Caesar wants to go take on the 'Parthians' again - last time they lost three 'eagles' there even before they lost them to the Germans. Lessons never learned.
My friend who has a hackintosh read the eula for OSX and it says the o.s. can only be used on apple branded products, so he put an apple sticker on the lid.
Same here. Though if you squint you can still see the "Dell" behind it. Dell Inspiron mini 10v running 10.6.1 in 2Gb.
I don't know. My parents are trying to get an addition done, but unfortunately because of the snow in the DC area the work is not being done. Not because the workers can't get to my parents' home, but because they also work as snow removal specialists, and are too damn busy to do the work on their house.
Tonight was scallops with rice/broc/cheese casserole and steamed carrots.
Honestly, I sometimes now wonder how we're going to get scallops and somesuch in the next several years. I don't see Mad Max but I do see a grinding downwards with a culling out of the available products. Smiled when I saw the article about products disappearing off of shelves the other day.
Just had an odd experience. I blog on another site where people can email me. I received an inquiry about whether I would like to interview for a fairly high level position at a company that I regularly have posted insightful abuse regarding their risk management and modeling.
OMG! There may be hope for the US financial industry. I can only imagine how they found my posts.
I made a delicious Seared Bay Scallop and Pea Risotto about a week ago.
Absolutely fabulous, darling.
Fabulous.
Especially with the freshly made chicken stock!
Several of my banks have already failed, one actually seized by the FDIC, others were TBTF or quietly merged. It's actually been pretty painless. But why would you want to leave significant money in a savings account at 0.5% interest? Might as well stuff it in the mattress.
In deflationary times, if you have less than the FDIC limit, you get much more than 0.5% interest. You also get to avoid the potential risks of someone finding your actual cash.
I have a client that was in the process of moving to a more modern portfolio strategy. They hadn't gotten very far when the markets crashed. They lost something like 3% off their portfolio value, while others were at 30% or worse.
The problem with corporations isn't that they don't get anything right. The problem is that it takes them forever and a day to get there or the brink of bankruptcy, whichever comes first.
I received an inquiry about whether I would like to interview for a fairly high level position at a company that I regularly have posted insightful abuse regarding their risk management and modeling.
If anyone else is looking to hire a blogger, I have 3 years 4 weeks of official CR experience (more if you count prior to hoocoodanode), and I hate my current job.
risk manager, window dresser, dunno. But Citic Pacific (famed for losing 2 billion last year on Aus$ "accumulators") has been advertising for a VP risk mgmt for weeks.
I received an inquiry about whether I would like to interview for a fairly high level position at a company that I regularly have posted insightful abuse regarding their risk management and modeling.
Lucky you. All the subprime lenders I was abusing on line all those years have gone TU.
My point is that the memory of a meal shared and enjoyed with a loved one is worth more than or .
or not.
My parents almost lost our house in the 70s stagflation [my father lost good jobs three times in six years - last time he started his own biz similar to what I do now - I learned from him]... but we had an AMAZING garden the whole time. When I went to college they couldn't help pay the first 2-3 years but I sure never went hungry.
Just that Obama got linked to bankers in the public's mind around December.
I suspect that's reflected in the MA election.
I was re-reading this thing today, it's such a clear depiction of how ideas flow across the sea of information like water in an ocean. The ripples, the return path of each wave, etc.
Those years were where I learned to cook - my mother referred to it as bachelor survival - tonights dinner was baked potato soup w/ baby bellas & julienned carrots thrown in. Stuff available on hand. A complete ad lib but based on the 'concepts' my mother taught me those many years ago. It was very good and very cheap.
I'm passing a bit of this on to my own kids now. We all need to do a little of that. Nothing much is new generation to generation - not really.
Just that Obama got linked to bankers in the public's mind around December.
Using Google Trends, about the only search term that outpaced the word "sex" is "google", and now, "google" is a more used search term on Google than "sex". The world has gone completely mad.
True dryfly. It seems there is an entire generation behind me that can't even manage the basics of cooking. That won't end well.
I've thought there has to be a business opportunity there - sort of the opposite of 'Gourmet'... a 'Real Simple' that really is [not like the mag that is a complete fake]. Simple can be good and it can be real inexpensive. That was the way it always USED to be.
Until we get rid of freezers, cooking will be a lost art. You can make decent, but not great pizza for $3.00 and 15 seconds of effort. Never mind the finer points of cooking like preserving a slaughtered pig.
Mrs. Gnome and I were discussing fresh pesto pizza.
I make my own dough and sauce/ pesto from Gnomegrown tomatoes and basil...
Damn I wish it were harvest time....
My best guess is that his employer (which he said was a zombie bank) did NOT REALly care for his postings from work.
Most likely due to the Type #1 or Type #2 smart, amoral scumbags working in IT.
Or it could have been the born and bred american dopes doing the T-strip confetti.
I'm a little confused.
40 straight hours of curling will due that to you.
My best guess is that his employer (which he said was a zombie bank) did NOT REALly care for his postings from work.
Most likely due to the Type #1 or Type #2 smart, amoral scumbags working in IT.
Or it could have been the born and bred american dopes doing the T-strip confetti.
I'm a little confused.
40 straight hours of curling will due that to you.
I'm surprised that doesn't happen more often with posters here - pulled into the corner office and have a little chat about team play and all that.
. “It seems really odd that credit card companies can continue to charge a tax on the economy,” says Aaron Patzer, founder of the financial management service Mint.com, which is now owned by Intuit. “Outside the US government, they are the only entity that has the power to levy a fee across virtually every transaction. Maybe that made sense in the early 1960s, when computer infrastructure was expensive and proprietary. But now, with cheap bits everywhere, the actual cost to do a transaction is pennies.”
There is, in other words, a massive inefficiency to be exploited. And so, an army of engineers and entrepreneurs is rushing in, hoping to do to the payment world what has already been done to the music, movie, and publishing businesses — unseat a legacy industry built on access and distribution, drive the costs to zero, undercut the traditional middlemen, and unleash a wave of innovation. Square’s Dorsey sees his company as creating a new, open system that allows users to swap funds instantly, without a series of interlopers grabbing their share.
If it happens Yogi, I will be one of first to give you credit.
:full house-- aces and eights:
I hope lady luck and the cards have been treating you right.
(AIG back on the road to recovery? ) (turtle throws pepper in eye of tiger)
AIG Death Spiral Ends as Rescue Brings Stable Revenue (Update2)
By Hugh Son
Feb. 22 (Bloomberg) -- American International Group Inc., the troubled financial firm that threatened to bring down the U.S. economy, is showing stable revenue for its insurance units and improving its ability to repay taxpayers 17 months after a bailout that swelled to $182.3 billion.
...is showing stable revenue for its insurance units and improving its ability to repay taxpayers 17 months after a bailout that swelled to $182.3 billion.
Don't care. Don't care!. Don't care!
.
It would take an act of government to spend 182 billion USD and not develop an ability to repay it. Seriously, 182 billion USD, and Bloomberg wants to paint it as a ? Argh
.
Can someone point me towards some good tonight before I lay down?
Just watched a commercial for Latisse, an eyelash thickener available via your physician. Brooke Shields was the spokeswoman and suggested that you talk to your doctor to see if right for you.
Sweet Jesus.
When Germany went TU post WWI and Soviets in '91, the average lifespan took a nosedive. Not just because of epidemic boozing but also the lack of basic pharmaceuticals to fight infections and handle chronic illnesses. I've spent time on ascertaining where to go for certain natural supplements that could supplant what I have to take daily.
It works since my elderly uncle was an herbal fiend and fitness nut. He surprised the family by standing on his head at my mother's 75th birthday party - he's five years older - and swore by the natural remedies.
I believe there's someone standing on second, but now that I think about it that wasn't a public company so I probably never lit into them on line. Scratch my comment.
I'm going to take a moment a be serious.
Standing on ones' head increases blood flow to the brain.
That is good for you.
To your uncles' 80th then, dudedad.
Learned about the seaweed from talking with him over breakfast with him, my mother and their two siblings. Had to be there hilarious since they were playing "Dueling Medications" and he was the oldest and using herbal supplements. Same morning that he popped off 50 pushups in the restaurant for the waitress.
His business? He made bird playgrounds for pet stores.
I still see it as inevitable. I'm sure I was not the first to envision open source currencies, and I can't write code to beat the chicken at tic-tac-toe, forget poker. I can only say that I arrived at my ideas and opinions through independent analysis and thought. Currency reformers face a two-edged sword: if they run a for-profit enterprise, they are suspected of talking their book or scamming a skim; if they push an idea that individuals can't profit from, only humans collectively, they are suspected of being quacks, or at least "holier-than- " .
"Australian New Motor Vehicle Sales fell 3.4 percent from the previous month in January, marking the first decline since July 2009. Sales of “other” vehicles (a category that includes vans, trucks, buses and government-owned vehicles) led the decline, dropping 17.4 percent. The outcome may have been linked to the end of a tax break for businesses making new vehicle purchases, which expired in December 2009."
I hope lady luck and the cards have been treating you right.
Mississippi was a bust; Paul Wasicka was on my left, a strong player and a gentleman. I think he cashed high. Right now I'm focused on putting together the cycling studio, so no cards (some on-line tourneys, time-permitting). I have a feeling the game will be there when I come back to it. Local backgammon event this Sunday...
That's one $200 fine for unauthorized rope use, $200 for harming "our" insurance liabiltiy, $500 for using a State owned tree without a hanging permit. and Is that goat milk raw?, oh my, we don't have many of those anymore, that's a big one. Lemme see, that's $100 goat carbon fine, $200, you got a goat license?, ahright, $500 for one unauthorized goat, is that another goat there sir? That's $1000 for TWO goats without a license? You got a goat waste permit? No? Alright, $1000 unauthorized disposal of goat waste. Died, you say.
That's fine. We can seize it from the assets of the estate.
I'm apologize as I'm distracted but I will add:
1. The weather definitely impacted the economy as much of my family lives in the Mid-Atlantic and still avoid going out as the lack of parking (much is taken up by snow mounds) and neighborhood streets narrowed continues to make dissuade from optional trips.
2. Acknowledgment of potential collapse seems to be spreading and people I don't regularly work, who do not read blogs, are coming in from other locations and yet jumping right into conversations offering their own take on the view of the precipice.
---I see, then, that the cards have treated you right.
Poker fills a certain void now that I'm too old for competitive sports. Chess and bridge are better but take too much time. As for the big casino-- 2009 was no 2008: shorting has not been the ATM it was. But I'm still betting on Reggie Middleton to pick the red card.
Buffett, who has a reputation as the world’s pre-eminent stock picker, struck deals with unidentified firms to protect them against long-term declines in four equity indexes. Berkshire’s liabilities on those positions narrowed to about $8 billion as of Sept. 30 from $10.2 billion six months previous.
...Standard & Poor’s downgraded Berkshire this month, following cuts by Fitch Ratings and Moody’s Investors Service, leaving Buffett’s firm without a top grade at any of the three biggest credit-rating companies.
No wonder he sold off Moody's. Ya think he's capable of buying swaps on his own conglomerate, to make it appear safe and bring borrowing costs down? Ya think? Who knows? It's not regulated like the insurance business. ("It's swaps, stupid, not insurance".) Why does such an old successful man need to borrow so much money? Isn't he lending money? Maybe I just don't understand....
The weather doesn't mess up Chuck Norris's job numbers, Chuck Norris affects the weather.
I'm not sure what to make of this ... but I'll be looking around for some info.
best to all
a little thread music then...
YouTube - Jethro Tull - Aqualung (Live)
I'm still waiting for an economist to be asked on CNBC about the bad job numbers and just hear him say "It's due to us being f**ked going forward". I guess it's too much to hope for a bit of truth on TV.
Bad weather has been know to make crime drop. To cold to steal I guess!
Chuck Norris once visited the Virgin Islands. Now they're just the Islands.
Not to worry. The BLS will estimate so many people as having been killed by said snow that the unemployment rate will drop.
I have been assimilated.
Nemo wrote:
Old Chuck is the Poster Boy for ignorance and the 'Merican Way.
Weather....or not
I'm headed to Ft. Pierce Fla. for a months work. Green shoots, but cold turkey here.....
CalculatedRisk wrote:
ADP on Wednesday morning is our first glimpse?
EDITED to remove my vast ignorance, leaving only slightly less ignorance.
Say that to "Texas, Walker Ranger"...
And where is your flag lapel pin?
Chuck Norris sleeps with a night light because the dark is afraid of Chuck Norris
I predict an avalanche of stormy economic forecasts.
As Barry Ritholtz has pointed out, the field of economics today has become a joke. It's hard to believe that a field of study could have drifted so far off course into obvious delusions...unless it was done intentionally.
"global warming ate our jobs homework"
Thread music
On economists, never have so many done so little with so much.
Speaking of economists.
Jesse's Café Américain: A Fitting Award for Alan Greenspan
Thread music?
Somewhere a clock is ticking
From what I read and who I talk to, business owners are just tired.. tired of fighting for business, tired of fighting to make payroll.. tired of the government being unstable.. tired of worrying.
I expect massive layoff this year as business owners just cash out and head for the hills...
km4 wrote:
We had the same herd behavior with Dot Com bubble.
Fraud breeds conspiracy but a lot of it is mob rule re-enforcing behavior.
noob - for you.
We're gonna have to 'live blog' the Canada-Russia game... along with EHP. That's could be the best game of the tournament. Hopefully I'll be near an internet & a TV feed.
in 1996 there wasn't the automatic countervailing force of the Birth/Death model for the CES, it was some less responsive quota system, so there's that to look forward to
adornosghost<
Are you now, or have you ever been, a member of the Brotherhood of Eternal Love?
Come on, dude, you can like, you know, totally, tell me...
dryfly wrote:
dryfly wrote:
I've only watched a few minutes of the Russians, and the only Canadian game I've caught in its entirety is Norway. I've been on the road way too much the past two weeks, but that ends on Wednesday night and I'm intending on watching every second after that.
I'm wondering if my kid will take a liking to hockey. I wasn't given much of a chance when I was growing up (I didn't really start playing organized hockey until my early teens), but if he has the spark, I'd love to see him try.
It doesn't make much sense to me. Are we to believe there were a bunch of people taking leave without pay?
Apparently the weather negatively impacted the jobs report in January 1996, and net employment turned negative for one month in the middle of a huge job boom.
What? No
icon available in the top posts?
Here let me bracket:
< 170k/mo recession deepens.
200k-290k/mo stasis.
320-360k/mo honest recovery.
400-450k/mo hope to return to previous levels this decade.
Didn't anybody actually see this coming?
And I want to be there watching the collective big O when CNBC announces the dramatic uptick for the following month.
noob goldberg wrote:
---Then you, sir, must give a big "F*ck you" to the RCMP.
Get that machine out on the open road, noob and open it up.
Get it the speed up to where you feel it is DANGEROUS.
I mean feel it in your balls, man.
You'll be better for it.
...a field of study could have drifted so far off course
I'd have to say the "efficient markets" theory of the Chicago School of Economics has been pretty well proven to be defective, at the very least.
The Keynesian alternate suffered from the fact that it wasn't truly followed. As mock has pointed out, we never saved during the fat times, so we wouldn't have to borrow so much in the lean.
Riddle me this...if it is all bullshit, why are we still measuring piles?
Blame it on the rain
Russia-Slovakia was a good game, only saw some snippets of that one
if Canada gets past Germany it will more likely be Getzlaf or Nash laying out Ovechkin instead of Ovechkin Jagr-ing someone like Crosby
as for Russia, when I saw them in the Slovakia game they were definitely a team of individuals
Canada had a great practice today, very sharp passing apparently, and if they don't get burned out then losing might just have been what was necessary to focus them
It passes the time until the next big batch of disaster porn...
Oooh, Olympics? NH is proud of Bode Miller.
Bode Miller - Wikipedia, the free encyclopedia
An interesting dude.
Comrade Kristina wrote:
I saw the Tiger spread in Vanity Fair too...
Yeah - there was some talk last week about the snow storm hitting right when the employment surveys were taken. And I'm sure there will be more articles next week cautioning about this ...
Heck, pretty soon we will be talking about the impact of the Census hiring (it will have some impact this month), but it will be crazy in April.
best wishes
HomeGnome wrote:
About 10 months ago I attended a funeral, for a relative, and ended up sitting in the front of a packed church. It went on about 45 minutes longer than I anticipated, and since there's no polite way to excuse yourself in the middle of a memorial service I stayed until it ended.
By then I was at least 30 minutes late for a meeting I had that was normally a 90 minute drive away. I averaged 90mph and about 10 minutes from home I saw a car about 2 miles behind me. I slowed down to a reasonable 75mph, and sure enough it was a cop, who proceeded to pass me at about 100mph. I don't know how he didn't clock me, but that was my wakeup call.
CalculatedRisk wrote:
The Census or the hiring?
For whatever reason, I have this belief that the gov't survey is sophisticated enough to detect people taking time off versus being unemployed.
Shine on you Jamie Dimon wrote:
Blame Sally:
YouTube - Blame Sally - "Pass The Buddha"
EvilHenryPaulson wrote:
I didn't see that game - the Czech game made me wonder if the wall was still up. Leaving blind drop passes to trailers like they could read each others mind.
Well, if the weather did affect the job numbers, we'll find out soon enough.
Sounds like an excuse to me, but I'm willing to give it the benefit of the doubt.
Excuses starting already.
I wonder how many small businesses the BLS will conjure into existence during the snow week?
I caught the 1st period of the Czech game, and my impression is that they were pretty sloppy.
Winter. . .snow. . .winter. . .snow. . .winter. . .snow. . .
I think I see a pattern, I've got to check the history records though--be right back.
noob<
I am being serious here, noob; and you know that is a rarity for me.
FEEL the FEAR man.
Smell it; breathe it in.
Envelope it.
Then, and only, then will you be ready.
Open it up.
sdtfs wrote:
Look under "seasonal adjustments".
Curse you, Mother Nature! :tinyfistsoffury:
.
I will smite you with my smog and smelting plants soon enough!
ghostfaceinvestah wrote:
How many do we need?
"I expect massive layoff this year as business owners just cash out and head for the hills... "
I think it is happening already, too bad there weren't good stats on it, but i see a ton of small businesses shutting down, restaurants, small retail shops, etc just closing the doors.
I guess the best stats have been the small business surveys, which have been just dismal.
badger wrote:
The Czech's played real well early - by the middle of the second period though the Russians owned it until they [again] relaxed. Czechs almost pulled it off.
After watching that game and then Canada-USA I wondered if the Rus would be playing the Czechs for gold & silver and the US-Can-Sweden-Finland playing for 'base metal'. I didn't see the Swedes play the Fins. Can't speak for them.
Don't drive an orange car and play chicken with cops. You'll be a marked man.
I need a less recognizable car. All the local cops are on me like white on rice now.
Sorry, my inner Conan wants to hurl an axe at the snake loving number magicians in the world.
The weather, oh please that's so back in the day. I had a canoe shipped from Canada just last week to Calif. and it arrived on time.
Let me get this straight, in an economy that is still losing jobs on net, businesses shutting down because of the weather will lead to an OVER reporting of unemployment?
Huh?
ghostfaceinvestah wrote:
After seeing ZH's post on the FDIC encouraging people to save money, you have to ask about other oddities?
.
Edit: Nothing screams "Oh no!" like the FDIC needing people to put cash in the banks.
You do kinda stand out....
http://farm3.static.flickr.com/2022/2071266145_0291f79ba4.jpg
• Weather interrupted work, but people weren't laid off because of bad weather, so the jobs report should show an increase in hiring needed to clear the backlog, gotta keep up with the recovery since weather didn't affect half the country or trading partners
• Weather did stimulate the economy, getting people to spend more than they had planned. However what they spent money on mostly doesn't have much impact on hiring in the USA.
• Weather kept people inside with nothing to do but shop online
• Weather provided a large captive TV audience, which increased ad spending, which is an important economic sector
No s%^$ if the lease is up run and if not run.
2005 Dodge Neon SRT-4 rear Car Photos | California Auto Show Pics at Automotive.com
I haven't worked out what the giant handle on the back is for yet.
EvilHenryPaulson wrote:
Dude, I could, totally, like, you know, play on line curling.
and stuff.
HomeGnome wrote:
Holy shit! That's an iPhone game right there. Rubbing the screen... oh maybe not.
Reid: 'Men, when they're out of work, tend to become abusive'
Jonathan wrote:
http://itunes.apple.com/ca/app/cool-curlings-lite/id350523538?mt=8
Noob!
Where are your TPS reports?
Not going to help retail either. Plus my electric bill has doubled from what it normally is. Going to be less cash in the pocket. Especially here where 3000 sq ft home is the normal size
Examining the personal evidence, I confirm that unemployment during Merry Merry Month of May is worst on the psyche.
Blizzards and blitzkrieg bring the family together!
Don't they mean drunk and abusive?
Reid: 'Men, when they're out of work, tend to become abusive'
Thats because their women won't get off their back
Let us rejoice with some low fat, low sodium bacon then!
Personally, I don't feel like beating my wife right now...but I do wish dueling on the Capitol Steps was reintroduced.
lol. laughing under breath though in fear of wife hearing.
nova wrote:
familyblogfamilyblogfamilyblog
Man dressed in tin foil robe beaten by wife on capitol steps.
Story at 11.
online sales were flat vs year ago through first week of January btw
http://pulse.chasepaymentech.com/
scroll to bottom
keep your fingers crossed for Japan's expanded financing of new ship orders and China's step towards guaranteed (by providing 'financing incentives') housing to alleviate the crippling cost of living [what's another $1tn of debt for local governments in China, they have stable income streams based on land sales and development]
ghostfaceinvestah wrote:
A shame, really. In a sane world, this would be a perfect time to start a new business. Lots of talent available, no problem finding office space, low inflation environment, plenty of used equipment available inexpensively, etc.
But we have rising taxes, crazy regulation, flailing governments, zombie banks, decaying infrastructure, and generally misallocated resources.
I guess I should just hope for the best and shop for surplus Aeron chairs on Craigslist.
HomeGnome wrote:
Heh, I actually hate that app. I've tried and tried to play, but I've found it to be incredibly frustrating. Which would most likely make it realistic, now that I think of it.
And I actually do have TPS reports to finish, two of them, but not until tomorrow night
adornosghost<
That kinda harshed my mellow.
No talk about FDIC begging for deposits?
ZH's post
No, I would not duel my wife...she is a dead shot. Scary, and she wouldn't give me a quick death either.
HomeGnome wrote:
Well, thanks. I feel infinitesimally better!
yagij wrote:
More savers must be punished.
sm_landlord wrote:
Everything you need except customers.
dryfly, I didn't have a chance to post a response in the last thread because I was on the phone with my wife, and now I have to head out and entertain some business associates, but congrats on your kid's swimming success. I hope he puts down the
long enough to get himself a free ride.
Our pork products make you feel intestinallly better.
Order your blowout bacon NOW!
Well, who said living in flyover country would be boring?
Frustrated schools advertising how much they're owed
"At other schools, teachers use paper judiciously. At Elgin High School, when teachers hand out homework, one day's assignment might be on one side, and the next day's on the other,"
IOU FROM ILLINOIS
The top 10 districts owed the most by the state:
No.
District
Amt. owed as of Feb. 17
1. Chicago Board of Education $202,757,843
2. Elgin School District U-46 $11,358,602
3. Thornton Township Schools $8,670,815
4. Rockford P.S. District 205 $8,529,855
5. Bloom Township Schools $7,854,484
6. Worth Township Schools $7,850,122
7. Proviso Township Schools $7,463,131
8. Maine Township Schools $7,441,847
9. Plainfield School District 202 $7,104,737
10. Wheeling Township Schools $7,082,304
Source: Illinois state comptroller
Rajesh wrote:
No problem, we'll just use the dot.com business model.
Oh, wait...
MMM pork. I made some awesome oven baked baby backs today along with corn bread, fresh picked greens and baked beans...
sm_landlord wrote:
The ZIRP will continue until morale improves?
.
On a more serious note, what benefits do you get from a 0% at a bank? Some physical security, but with the risk of frozen accounts and bank failures?
.
broward wrote:
Mix the FDIC's fund raising campaign along with Citibank's new withdrawal policy, and I think we have ourselves some risky events coming down the pipe this year.
sm_landlord wrote:
We could only dream of kicking the can another 10 years.
I made applesauce pork chops for dinner tonight. Didn't quite come out right but pretty tasty. Kids loved it.
CK<
You. are. killing me.
Rosemary/ Lemon Roasted Chicken with asparagus for Mrs. Gnome and I tonight.
I am rich regardless of my bank balance.
We had roast chicken and broccoli, and the chicken has now been picked clean for chicken enchiladas later in the week. Yum!
I'll never match the gnome with his hoity-toity asparagus.
edited for vegetable dissonance
What about "Dad's Infamous Spaghetti"?
Whatever you do, Vonbek, do NOT give the little vonbeks any Mt. Dew.
I had the Roasted Lemon chicken Thursday with Asparagus and rice pilaf.
I just ate the rest of my kids Skittles.
Bad dad.
Canvas canoe?
Chicken enchiladas sound pretty damn tasty, Jonathan.
Mix the FDIC's fund raising campaign along with Citibank's new withdrawal policy, and I think we have ourselves some risky events coming down the pipe this year.
In the distance Yagij spotted the gathering clouds of
"Hark!"
yagij wrote:
Several of my banks have already failed, one actually seized by the FDIC, others were TBTF or quietly merged. It's actually been pretty painless. But why would you want to leave significant money in a savings account at 0.5% interest? Might as well stuff it in the mattress.
Spaghetti has become more complicated since I made a perfect meatball the other day. My eldest now wants dad's special spaghetti and meatballs only. They take a little more work. Kids take after the wife. Can't stand soda. But they do get goofy around orange juice.
Hold on a second!
Nova<
You have kids AND a snow problem on the roof?
Does. Not. Compute.
My dad woulda had me up there with a METAL snow shovel...
After eating out for days it was nice to be back home and have a simple grilled cheese sandwich.
Vonbek777 wrote:
---I'll allow this bit of hyperbole, vonbek.
Last year the US economy shrank by 2.4 per cent. But the budget deficit was 10 per cent of GDP. Without that deficit spending, the economy would have shrunk by at least 12 per cent, i.e. 2 per cent plus 10 per cent. Even after that deficit spending, the unemployment rate is 10 per cent, interest rates are zero, and central banks around the world are printing enormous amounts of paper money to prevent economic collapse. This policy response is supporting the global economy but it has not even targeted the structural flaws responsible for the crisis.
The point being: the world’s largest economy and engine of global economic growth — the United States — is simply not a viable concern any more. The country is de-industrializing because wages in the US are up to 40 times higher than those in developing countries like China. Therefore, the United States makes very little that the rest of the world cannot buy somewhere else much more cheaply.
FT Alphaville » “The US is not a viable concern anymore” – Duncan
YIKES !
RevolutionWillNotBeTelevised wrote:
Wow, , Maine is owed by IL! I went there, as well as a serving secretary of state.
Hillary better get on the blower and rectify closer to home.
Hmmm. That didn't turn out quite right.
If you shared it in the company of loved ones; then this is exactly what I am talking about.
and
Worth more than
HomeGnome wrote:
Look, I'm tired of my own progeny saying this. I come to CR to get away from that stuff.
With a Mug of tomato soup (with or without basil), one of my favorite meals.
nova wrote:
.
"Hark, the herald
.
sm_landlord wrote:
My point. Why get people to save money in a bank? Physical security? Bank holidays and redemption limits seem like a high cost for physical security of money you may get a few days too late.
noob goldberg wrote:
My wife is in the other room writing annual reviews for those she supervises - I tried to ply her with wine be she'd have none of it. So if any of you are reading this - I tried.
CK<
Total comfort food
+1
km4 wrote:
You left out the money we sent to China, Japan and Germany in your computation. We have a lot of mouths to feed.
That's a comfort food of my wife too, unless she is pregnant, and then tomato soup is a big no, no.
dryfly<
Just walk in and leave the wine on the desk.
It will be consumed.
Dude, you are like, totally the best dad, ever.
Yeah, dude.
You guys are ignoring a factor. You want to put money in banks because bankers are such nice people and team players.
Do I need a snark tag?
Thanks Gnome,
One of my wife's best recipes actually! Yep. One of the things that has black beans in, which we are trying to incorporate more into our diet.
These lamb koftes are awesome also. Probably have that tomorrow with some cous cous and green beans.
Print Full Page - MyRecipes
You know, if only we could get the rest of the US eating decent food, there would be so much less bad health, diabetes. Damn. If only.
That's dirty HG, my husband does that to me.
Regarding CA revenue collection via traffic fines....I fully concur there has been a huge increase in the amount of CHP patrolling for, you know, "safety" reasons.
I got tagged with a California Rolling Stop around midnight in the middle of nowhere with no other traffic anywhere to be seen. The "safety" officer was hiding with his lights off behind some bushes. He asked me why I didn't stop and I told him I didn't think you had to in California. No dice.
But I won't pay the fine. Instead I hired one of the $99 traffic lawyers to delay and delay and delay until it gets dismissed. My tactic is to throw their B.S. right back at them.
and they do "glob's work", badger.
Don't forget that.
HomeGnome wrote:
I did one better - opened a bag of chocolates [mixed bag of mini-chunk, some dark - some milk chocolate]... left it near where she's working. It'll disappear. Her co-workers better pick up a round of my favorite vice for me next time.
Where America is likely headed ( Sāo Paulo, Brazil ) if we don‘t come down hard on Wall St and the
http://s611.photobucket.com/albums/tt194/wishbone98/?action=view¤t=Sao_Paulo.jpg
Well, here are some folks who can join the ranks: "Sears Holdings Corp., the nation's No. 1 department store chain by revenue, will shut 21 underperforming stores May 9."
Everyone needs a little "Me" time, CK.
21? They need to increase that by an order of magnitude.
km4 wrote:
But we have 100 million citizenry owned guns! Can Brazil match that?
dryfly wrote:
---Gentlemen, pay attention!
Jonathan<
There is much we, as a nation, have missed in pursuit of the "almighty dollar".
This doesn't look promising.
http://i45.tinypic.com/k4ean5.jpg
Comrade Kristina wrote:
Similar to Schumpeter's theme except his basis is based more on technology that debt - my guess is they are coupled - somehow.
And 'no' - it doesn't look good either way.
Oh well, always behind the comments. Nothing new to add anyway. I see Dawg is logged in 3 times in the list. Award for the most addicted CR commenter?
I don't know why a little snow would negatively affect the labor statistics. Thousands of my best friends & I were out there shoveling.
Comrade Kristina wrote:
Finally found the K-wave, did you? Heck, the show is almost half-over now.
I'm not an expert dryfly but it does appear the "waves" are getting bigger and nastier...
dryfly wrote:
Guess we lemmings have a nice cliff in which to enjoy the view...
not_going_to_post wrote:
yagij was logged in FOUR times simultaneously yesterday - its turning into an Olympic event!
Thankfully, the Army accepts recruits in their 30s. I never thought I would be contemplating that at this point in my life. Who's the next country up to be bombed?
Actually I think I came across it about a year ago but got so bogged down in other things I didn't really get a chance to study it.
dryfly wrote:
Just the opening ceremonies.
The first upcoming event is the Bernanke Bobsled!
Yin and yang - Wikipedia, the free encyclopedia
In Taoist philosophy, yin and yang arise together from an initial quiescence or emptiness (wuji, sometimes symbolized by an empty circle), and continue moving in tandem until quiescence is reached again. For instance, dropping a stone in a calm pool of water will simultaneously raise waves and lower troughs between them, and this alternation of high and low points in the water will radiate outward until the movement dissipates and the pool is calm once more. Yin–yang, thus, are always opposite and equal qualities. Further, whenever one quality reaches its peak it will naturally begin to transform into the opposite quality: grain that reaches its full height in summer (fully yang) will produce seeds and die back in winter (fully yin) in an endless cycle.
YouTube - Watching The Wheels - John Lennon
Comrade Kristina wrote:
Economist had an article on it circa 1999 - they are also shorter [peak to trough]... intense up followed by intense down. WWweeeeeeEEE!!!!
I suppose that would explain that sick feeling in the pit of my stomach now...
Comrade Kristina wrote:
It doesn't matter.
Almost all economists agree it doesn't exist. Debt is never the problem.
dryfly wrote:
HCN was acting funky on my yesterday. It continuously kept asking me to log into the site even though the Who's online showed me as logged in. There is definitely something buggy under the hood, but besides the named profile URL, why not stop at the Most Logged In Of All Time!
badger wrote:
The one between Iraq & Afghanistan I believe... an Iraq-Iran-istan Sandwich.
Aeron Chair, Herman Miller
huge office sale
You want 'em, they got 'em.
I prefer vintage jewelry and art, myself.
Someday this war's gonna end...
not_going_to_post wrote:
5 computers. One serving under *ix, one hackintosh netbook, one honest Mac laptop, the business machine and sometimes a test bed. Logging out is for people who see a future in meatspace.
CitizenM<
Have you found any good Jewelry purchases lately?
Citizen AllenM wrote:
Just like its 1999... again.
Fans of Roman history must be about ready to hang themselves seeing the analogies to today and our stupid wars. Still, a guy needs money, and I'm running out of options.
Rob Dawg wrote:
---Ohhh, I'm so, like, telling.
And stuff.
Comrade Kristina wrote:
I suppose that would explain that sick feeling in the pit of my stomach now...
You're not the only one. How about a nice relaxing Carribean cruise?
Rob Dawg wrote:
It took five computers for three logins?
Have you thought about a career on Wall Street?
Citizen AllenM wrote:
How's AZ? You all are falling behind NC, HI, and IL for the "Oh Noes!" awards for '010 (sic).
.
Can't you all fail faster?
HomeGnome wrote:
Have you found any good Jewelry purchases lately?
Almost the time when i can add to my Navajo rug collection. Two Grey Hills and another Ganado Red large format high on my list.
Mission Acropolis-ed?
broward wrote:
Took the ethics entrance test and was rejected. Turns out I passed.
HomeGnome wrote:
My friend who has a hackintosh read the eula for OSX and it says the o.s. can only be used on apple branded products, so he put an apple sticker on the lid.
Watched a documentary yesterday called "The Dark Ages"; which described the factors that led to Rome's downfall. Pretty depressing. Definitely a Mad Max scenario. The Colosseum went from the world's greatest stadium to a barnyard.
badger wrote:
Depends on the war and the reason. Following Trajan into Dacia was rather profitable for all (Roman) parties involved. Now leading Augustus's legions across the Danube into deep, dark Germania had a totally different result.
.
We still haven't really had our Sulla yet so we have some time for the old, fat landlords of our country to nitpick, pillage, and picker amongst themselves before a young upstart gets a chance to hang 'em out to dry.
badger wrote:
Ya and Caesar wants to go take on the 'Parthians' again - last time they lost three 'eagles' there even before they lost them to the Germans. Lessons never learned.
rosethorn wrote:
Wasn't that a thunderdome?
Perfect meatball?
80% lean ground beef- 2/3
ground pork -1/3
10% of that should be oatmeal
an egg or 2
salt, pepper
basil
roll into balls, brown in pan on high, then bake in oven on wire rack, or let stew in red sauce for a couple of hours
Comrade Alexei Mikhailovich wrote:
I thought it all started with a bull.
Dude, like, what if, like, you know, all this stuff was, like, you know, bullshit?
YouTube - Imagine
with broward posting red hats, thought I might start pulling out some recent links from silent partners.
Energy Watchdog Warns Of Oil-Production Crunch - WSJ.com
RATM wrote:
Ohhh, I'm so, like, telling.
My friend who has a hackintosh read the eula for OSX and it says the o.s. can only be used on apple branded products, so he put an apple sticker on the lid.
Same here. Though if you squint you can still see the "Dell" behind it. Dell Inspiron mini 10v running 10.6.1 in 2Gb.
I don't know. My parents are trying to get an addition done, but unfortunately because of the snow in the DC area the work is not being done. Not because the workers can't get to my parents' home, but because they also work as snow removal specialists, and are too damn busy to do the work on their house.
Tonight was scallops with rice/broc/cheese casserole and steamed carrots.
Honestly, I sometimes now wonder how we're going to get scallops and somesuch in the next several years. I don't see Mad Max but I do see a grinding downwards with a culling out of the available products. Smiled when I saw the article about products disappearing off of shelves the other day.
Trainwreck wrote:
---What are the qualifications, Trainwreck?
Has the EPA deemed some snow hazardous?
Snow Shovel and a pickup truck to haul it away.
English is optional.
sm_landlord wrote:
To keep yourself from putting it into shares of SRS?
Dude, homedad, I mean, like, do you really expect, you know, us to eat, Chef boyardee and stuff?
Harsh-ie, dude dad.
Harsh-ie.
And I want my texting back, too, dudeDad43.
rebuttal
2 minutes
poic.
"Weather to Impact February Job Numbers"
How is global warming bad?
You can come pluck them from the Bay down here homedad!
Wish that texting hadn't been invented.
I mean, to spend your entire evening ignoring the people around you while you keep writing real time with people who aren't even there.
Er...never mind.
Just had an odd experience. I blog on another site where people can email me. I received an inquiry about whether I would like to interview for a fairly high level position at a company that I regularly have posted insightful abuse regarding their risk management and modeling.
OMG! There may be hope for the US financial industry. I can only imagine how they found my posts.
I was really hoping those guys in BC that brewed the "Bailout Bitter" in '08 would come out with a "Kondratieff Winter Warmer".
Guess I'll have to start my own brewery....
It's a trap some investor guy...Get out of the building...
CK<
I made a delicious Seared Bay Scallop and Pea Risotto about a week ago.
Absolutely fabulous, darling.
Fabulous.
Especially with the freshly made chicken stock!
Yalt wrote:
The important things in life only need shorthand: SRS, CR, K-Y
sm_landlord wrote:
In deflationary times, if you have less than the FDIC limit, you get much more than 0.5% interest. You also get to avoid the potential risks of someone finding your actual cash.
I have a client that was in the process of moving to a more modern portfolio strategy. They hadn't gotten very far when the markets crashed. They lost something like 3% off their portfolio value, while others were at 30% or worse.
That's just the jealousy, like, talking and stuff homedudedad43.
Like chillax and stuff, dudedad.
The problem with corporations isn't that they don't get anything right. The problem is that it takes them forever and a day to get there or the brink of bankruptcy, whichever comes first.
Heck HG, might as well enjoy as much great food as we can now...Hu knows when we'll be having
?
some investor guy wrote:
Sounds risky to me...
Thread Music: YouTube - Stormy Weather - Ella Fitzgerald
My point is that the memory of a meal shared and enjoyed with a loved one is worth more than
or
.
or not.
Yep, been thinking of getting an EMBA.
If anyone else is looking to hire a blogger, I have 3 years 4 weeks of official CR experience (more if you count prior to hoocoodanode), and I hate my current job.
yagij wrote:
risk manager, window dresser, dunno. But Citic Pacific (famed for losing 2 billion last year on Aus$ "accumulators") has been advertising for a VP risk mgmt for weeks.
yagij wrote:
The interview might start with "So you're the guy who's been telling the world we're idiots since 2007. Pull up a chair"
yagij wrote:
Especially now that you closed the identity loop by posting the fact.
YouTube - Office Space: Meeting "The Bobs"
some investor guy wrote:
Lucky you. All the subprime lenders I was abusing on line all those years have gone TU.
broward wrote:
How goes the meme tracking? Anything new popping up on the radar?
HomeGnome wrote:
My parents almost lost our house in the 70s stagflation [my father lost good jobs three times in six years - last time he started his own biz similar to what I do now - I learned from him]... but we had an AMAZING garden the whole time. When I went to college they couldn't help pay the first 2-3 years but I sure never went hungry.
Yalt wrote:
They had a near death experience
Off to dinner, last time the cherries jubillee was amazingly good.
You, sir, are a wealthy man.
some investor guy wrote:
A couple of my guys had a near prison experience.
The day's still young....
Lol gnome.
Purchasing srs is like dropping the soap in the prison shower.
Yalt wrote:
---pikers.
yagij wrote:
Just that Obama got linked to bankers in the public's mind around December.
I suspect that's reflected in the MA election.
I was re-reading this thing today, it's such a clear depiction of how ideas flow across the sea of information like water in an ocean. The ripples, the return path of each wave, etc.
http://realmeme.com/roller/page/realmeme/?entry=sca_meme_feedback_cycles
Oh, well, I suppose I could mention the Social Broadcast and the Voice, too, but I'm already late for dinner.
poic, you do realize it is a $300 fee for "unauthorized soap dropping in a state facility"?
I feel your dilema. my so is in talks with the
i'm very excited/concerned
i better be her first fast call
poic wrote:
Except you willingly buy SRS. Are you saying you would want to drop the soap in the prison shower?
yagij wrote:
Most people bought SRS in hope of a big score.
TMI.
HomeGnome wrote:
Those years were where I learned to cook - my mother referred to it as bachelor survival - tonights dinner was baked potato soup w/ baby bellas & julienned carrots thrown in. Stuff available on hand. A complete ad lib but based on the 'concepts' my mother taught me those many years ago. It was very good and very cheap.
I'm passing a bit of this on to my own kids now. We all need to do a little of that. Nothing much is new generation to generation - not really.
Yalt wrote:
People drop soap in prison showers in hope of a "big score"? Hoocoodanode?!
True dryfly. It seems there is an entire generation behind me that can't even manage the basics of cooking. That won't end well.
poic wrote:
Not that there is anything wrong with that.
Dude, I like so know, you know, like basics of cooking and stuff.
Tak-eOut
825-3688!
You betta recognize.
broward wrote:
Using Google Trends, about the only search term that outpaced the word "sex" is "google", and now, "google" is a more used search term on Google than "sex". The world has gone completely mad.
yagij<
You're doing it wrong.
Comrade Kristina wrote:
I've thought there has to be a business opportunity there - sort of the opposite of 'Gourmet'... a 'Real Simple' that really is [not like the mag that is a complete fake]. Simple can be good and it can be real inexpensive. That was the way it always USED to be.
dryfly wrote:
---Oh yeah.
I'll be right over.
Love the baby bellas.
dryfly wrote:
--I know you are aware that you are giving away a secret here.
And a big one at that.
Until we get rid of freezers, cooking will be a lost art. You can make decent, but not great pizza for $3.00 and 15 seconds of effort. Never mind the finer points of cooking like preserving a slaughtered pig.
broward wrote:
Yummy.
Comrade Kristina wrote:
I'm a doomer, not a tinfoil hatter.
badger<
Mrs. Gnome and I were discussing fresh pesto pizza.
I make my own dough and sauce/ pesto from Gnomegrown tomatoes and basil...
Damn I wish it were harvest time....
Yalt wrote:
Did they make it to arrest (first base), indictment (second base), conviction (third base), or jail time (home run)?
I should have added the
tag
badger wrote:
Must be a really thin pizza. And I'm guessing you have an acetylene torch.
I definitely want to know how this works out for you...
absconded with NOTaREALmerican and I'd hate to see that happen to you.
The
Keep us posted.
Where did he go HG? I missed this.
My best guess is that his employer (which he said was a zombie bank) did NOT REALly care for his postings from work.
Most likely due to the Type #1 or Type #2 smart, amoral scumbags working in IT.
Or it could have been the born and bred american dopes doing the T-strip confetti.
I'm a little confused.
40 straight hours of curling will due that to you.
Werner the Wolf Eel<
Do you have anything to add to the discussion?
/me puts on
1.) put out absolutely atrocious Feb jobs numbers
!
2.) blame it on the snow
3.) March numbers look amazing compared to Feb
4.)
Speaking of prison. Poor old Martin Armstrong is still there.
Martin Armstrong Economic Essays, Currency Trading, Global Economic Analysis, Princeton Economics, Kondratieff Wave, Kwaves, Prison, Business Cycles, Currency Trading, Gold and Silver Investing
Always interesting reads.
HomeGnome wrote:
I'm surprised that doesn't happen more often with posters here - pulled into the corner office and have a little chat about team play and all that.
Not for a month.
Rob Dawg wrote:
Send me an email with the sizes and I can always keep my eyes out. There are serious deals here going right now.
Someday this war's gonna end...
noted.
here piggie piggie piggie
here piggie piggie piggie
soooooie soooooie
The turtle gives warning something doth approach. What cloven hoof. wanders this way to-night,
(shakespear rolls over in his grave)
Anyone read this yet?

The Future of Money: It’s Flexible, Frictionless and (Almost) Free | Magazine [Wired]
END FED SECRECY
OPEN SOURCE CURRENCY NOW
mock<
---Here PorkChop!
SUUUUUuuuuuuuuuEEEEEeeeeeEEeeeeeeee!
I think that you found your doom niche.
Any luck and you'll have the capital to actually purchase and move the stuff.
My wife and I have a circa '55 navajo wool blanket that was given to my parents on their wedding day.
If it happens Yogi, I will be one of first to give you credit.
:full house-- aces and eights:
I hope lady luck and the cards have been treating you right.
alright then
if the pig wont accommodate then the turtle must
here red meat for the d ...d ..uh animals
AIG Death Spiral Ends as Rescue Brings Stable Revenue (Update2) - Bloomberg.com
(AIG back on the road to recovery? ) (turtle throws pepper in eye of tiger)
AIG Death Spiral Ends as Rescue Brings Stable Revenue (Update2)
By Hugh Son
Feb. 22 (Bloomberg) -- American International Group Inc., the troubled financial firm that threatened to bring down the U.S. economy, is showing stable revenue for its insurance units and improving its ability to repay taxpayers 17 months after a bailout that swelled to $182.3 billion.
mock turtle wrote:
I love any kind of death spiral. You can't make a cake without breaking a few AIGs.
mock<
Are you, like, the "Lost Turtle", like, you know, the beatles and stuff?
That pepper move was brilliant!
Shredder would be proud.
mock turtle wrote:
Cool - bonuses!
mr slippery, " ....without breaking a few AIGs"
thats genius..hey
you been hangin with juvenile delinquent?
mock turtle wrote:
Don't care. Don't care!. Don't care!
? Argh
tonight before I lay down?
.
It would take an act of government to spend 182 billion USD and not develop an ability to repay it. Seriously, 182 billion USD, and Bloomberg wants to paint it as a
.
Can someone point me towards some good
Just watched a commercial for Latisse, an eyelash thickener available via your physician. Brooke Shields was the spokeswoman and suggested that you talk to your doctor to see if right for you.
Sweet Jesus.
When Germany went TU post WWI and Soviets in '91, the average lifespan took a nosedive. Not just because of epidemic boozing but also the lack of basic pharmaceuticals to fight infections and handle chronic illnesses. I've spent time on ascertaining where to go for certain natural supplements that could supplant what I have to take daily.
It works since my elderly uncle was an herbal fiend and fitness nut. He surprised the family by standing on his head at my mother's 75th birthday party - he's five years older - and swore by the natural remedies.
Any body have ready access to seaweed?
These are free range taxable AIGs too.
I believe there's someone standing on second, but now that I think about it that wasn't a public company so I probably never lit into them on line. Scratch my comment.
I prefer my AIGs boiled.
Homedad43<
I'm going to take a moment a be serious.
Standing on ones' head increases blood flow to the brain.
That is good for you.
To your uncles' 80th then, dudedad.
HomeGnome, you do me too much honor
m not so smart
like the mock turtle... just trying to put all the miscellaneous pieces together
see alice
Miss the old guy, died of cancer three years ago.
Learned about the seaweed from talking with him over breakfast with him, my mother and their two siblings. Had to be there hilarious since they were playing "Dueling Medications" and he was the oldest and using herbal supplements. Same morning that he popped off 50 pushups in the restaurant for the waitress.
His business? He made bird playgrounds for pet stores.
One of a kind.
We could all be late!
LATE!
for an important date.
If we are not careful to see the opportunities before us.
--You must be the change you want to see in the world.
Mahatma Gandhi
But I pay cash.
I still see it as inevitable. I'm sure I was not the first to envision open source currencies, and I can't write code to beat the chicken at tic-tac-toe, forget poker. I can only say that I arrived at my ideas and opinions through independent analysis and thought. Currency reformers face a two-edged sword: if they run a for-profit enterprise, they are suspected of talking their book or scamming a skim; if they push an idea that individuals can't profit from, only humans collectively, they are suspected of being quacks, or at least "holier-than-
" .
mock turtle wrote:
Just a pale imitation
homedad43 wrote:
One of my neighbors, a few miles east of here, was a B26 pilot and had varicose veins from pulling too many g's.
Every day he would tie a rope around his ankles and haul himself up into a tree to get relief.
He also swore by goat's milk.
1 currency now -yogi wrote:
---I see, then, that the cards have treated you right.
Pulling demand forward - not just in America
DailyFX - Australian Vehicle Sales Fall Most in Six Months as Tax Break Expires
"Australian New Motor Vehicle Sales fell 3.4 percent from the previous month in January, marking the first decline since July 2009. Sales of “other” vehicles (a category that includes vans, trucks, buses and government-owned vehicles) led the decline, dropping 17.4 percent. The outcome may have been linked to the end of a tax break for businesses making new vehicle purchases, which expired in December 2009."
yes...
goes with
"better to light one candle
than to curse the darkness"
HomeGnome wrote:
Mississippi was a bust; Paul Wasicka was on my left, a strong player and a gentleman. I think he cashed high. Right now I'm focused on putting together the cycling studio, so no cards (some on-line tourneys, time-permitting). I have a feeling the game will be there when I come back to it. Local backgammon event this Sunday...
homedad43 wrote:
One hopes this is not our future. YouTube - That Mitchell and Webb Look: Homeopathic A&E
rosethorn wrote:
In Texas we call that a stockyard and they were pretty good business for a while...
mock turtle wrote:
Or be the 'master of your own domain'...
That's one $200 fine for unauthorized rope use, $200 for harming "our" insurance liabiltiy, $500 for using a State owned tree without a hanging permit. and Is that goat milk raw?, oh my, we don't have many of those anymore, that's a big one. Lemme see, that's $100 goat carbon fine, $200, you got a goat license?, ahright, $500 for one unauthorized goat, is that another goat there sir? That's $1000 for TWO goats without a license? You got a goat waste permit? No? Alright, $1000 unauthorized disposal of goat waste. Died, you say.
That's fine. We can seize it from the assets of the estate.
I enjoy my weekly backgammon sessions.
Sometimes I even win a few.
Damn doubling cube!
I still remember watching that episode. Had no idea what it was but just flipped on the tube.
Even my teens and their friends know about it.
thats why i spend so much time here
mental ma...ma.. mast...mastur...uh no uh mastery
yeah, thats the ticket ....mental mastery
Do you have anything to add to the discussion? *
I'm apologize as I'm distracted but I will add:
1. The weather definitely impacted the economy as much of my family lives in the Mid-Atlantic and still avoid going out as the lack of parking (much is taken up by snow mounds) and neighborhood streets narrowed continues to make dissuade from optional trips.
2. Acknowledgment of potential collapse seems to be spreading and people I don't regularly work, who do not read blogs, are coming in from other locations and yet jumping right into conversations offering their own take on the view of the precipice.
ah ha the damn pig doth cometh across yonder evening light
HomeGnome, NaRM came to New Zealand for a holiday, IIRC. Haven't seen him yet, though.
HomeGnome wrote:
Poker fills a certain void now that I'm too old for competitive sports. Chess and bridge are better but take too much time. As for the big casino-- 2009 was no 2008: shorting
has not been the ATM it was. But I'm still betting on Reggie Middleton to pick the red card.
The man who warns of "weapons of mass financial destruction", then sells you some he has tucked away. Bwaahhhaaa.
Buffett Defies Downgrades as Credit Risk Drops to 17-Month Low - Bloomberg.com
No wonder he sold off Moody's. Ya think he's capable of buying swaps on his own conglomerate, to make it appear safe and bring borrowing costs down? Ya think? Who knows? It's not regulated like the insurance business. ("It's swaps, stupid, not insurance".) Why does such an old successful man need to borrow so much money? Isn't he lending money? Maybe I just don't understand....