Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Pants, no thinking person who knows anything of how these numbers are derived is questioning them. And frankly, "most likely" just puts you a little ahead of Jack Welch, IMO.
Just like most of the other economic numbers published regularly, they are not perfect but neither are they irrelevant-they make perfect sense relative to their definitions. I agree that we are in a special labor situation, particularly with wages dropping.
By the way, we still haven't slid into that recession yet, either.
Hi dan, naturally there are plenty with an agenda that don't have a problem with BLS results (and I expect many of these folks also don't always trust gov. numbers) but it just then comes down to:
When the facts are with you, pound the facts.
When the facts are agin you, pound the table!
What I am saying is that those with knowledge of how these numbers are determined do not suggest any "tweaking".
Didn't read your post as a complaint but one of needing some explanation. There are several in depth explanations out by lots of folks who watch these numbers like hawks.
Nobody, except those with a political agenda, is suggesting any "tweaking" by the BLS.
zab, the Bonddad blog has it's usual blow by blow explanation that is worth a read.
Also mentioned is the last couple months numbers were also revised upward. Wed. we got a preview of jobs increase, from another survey, so this wasn't a total surprise. Their question of the numbers is "what caused the summer slowdown"?
Howdy pants,
We certainly aren't out of the woods on housing starts but it does seem that the bottom has been put in. I'm sure that there are areas of the country that are lagging in this area just as there will be other areas performing better.
Be sure to let us all know when you are going to start your next spec home.
Sally, not sure your meaning of "you have to sell the home you build". Builders of spec homes would need to sell but the permit statistics are relative to all permits. I really doubt that much spec building is going on just yet.
Here is from a recent article posted yesterday @ Bonddad blog.
"Housing permits rose to 812,000. This is the first time over 800,000 and the highest level in 4 years. Permits have risen over 200,000 on an annualized basis over the last year."
Nothing about "buy now", just a look at the statistics behind the articles you are seeing.
For someone who has consistently insisted that we are already in recession, Sally, I did notice you quote someone who knows that we are not in recession, yet.
Things are certainly not hunky dory on the economic front but it's quite possible that Ben has kept us out of recession for probably over a year now. We'll see if he can keep up the magic.
Here is an unorthodox idea, from a few days ago, that was also published by the Nation yesterday.
http://www.cbsnews.com/8301-215_162-57470474/fed-should-flex-its-power-to-recharge-economy/?tag=cbsnewsSectionContent.13
Not intended to be political-just food for thought.
Business was booming at the time and it appears that some folks (whites strung out on drugs?) felt justified in pushing to get rid of these "illegals". Of course in hindsight we know that the industry has collapsed and it (AZ law) wasn't necessary and just succeeded in getting rid of legals, too.
I suspect some other states are having problems getting their fruit and vegetables harvested as well. Probably will involve some more tweaking of immigration laws. Tweaking may not be the answer, either but a major overhaul.
My reasoning for relating the two events was due to the "absurdity" of them both.
I don't get the absurdity in the whipped honey situation, but that is probably due to my loving whipped honey. Who cares what the price of that air is. Heheh
Thanks for that quote!
Humorous and reminds me of Ray Charles' telling of one of his earliest memories from his childhood. Seems that in a school for the blind, the kids all sat next to their buddies until one day some administrator decided to move white kids to one side and blacks to the other. Since color was an unknown to most of these kids, needless to say it was most bizare to them.
It's fairly obvious that you have no facts gt, otherwise you wouldn't be so bullheaded. Your rediculus reasoning makes no sense.
As I said previously, if the facts are not with you "pound the table". Just keep pounding! Heheh
When the facts are on your side, pound the facts.
When the facts are not on your side, pound the table.
Fairly obvious where the facts are in this case gt!
You know gt it was a legitimate request.
Why not just provide the link?
Of course you aren't pulling that stuff out of your ass!
You're dreaming if you think those groups would vote to destroy their jobs (or severely curtail their compensation). Personally I think a single payer is the only way we cut costs significantly, however I realize there are those opposed and they appear to weild a pretty big stick. For all we know, Roberts saved the law to protect big corporations, and chamber of commerce took no position on the litigation. Insurance Cos. can certainly use their influence and they have shown that they will, thus your "simple" solution is not so simple.
I'm sure you have seen what Medicare does to hospital and Doctor's fees-you think those groups would support a single payer system? Hardly and then throw in nurses and other workers and you have a pretty large voting block.
Good luck getting such a system past either of those groups.
There was quite a push from the "liberals" and the larger push to get a bill won out-such is the system we have of compromises sometimes necessary. There will be talk of improving the bill and it may be forced if there are not enough reductions in overall healthcare costs. May take years or lifetimes, but in the meantime a lot of new folks will be covered-we'll see about those reductions in costs!?
Where were you gt during the debates prior to Obamacare becoming law?
Progressives pushed hard for a single payer system similar to Medicare, and even basserdan posted a thing from "firedoglake" showing their opposition to what ended up passing. The thing about legislation is that a good majority needs to be on board and the health care providers and insurance cos. just couldn't accept a single payer system (surprise). Also, Democrats needed Leiberman on board and his constituents included Hartford that were not going to vote for something that would destroy their main industry.
So.................."simply expanding Medicare" just wasn't possible then and would be fought tooth and nail today.
You were building a "strawman". Then attacking it (strawman) is what you call correcting the record? You are really reaching here, Newly.
Your horsechit about self-destructive people is more of the same. Why not include Pharohs, etc.?
For the second time, why not just skip over my posts so you don't have to continue getting into something you know nothing about.
Did I suggest that my attitude caused you some grief???
And sometimes the pot around here needs stirring.
Care to elaborate?
Let me cut through the fog here and suggest that right/wrong is not the way to look at this debate. The crux of this issue has been for some time the question of whether/not the mandate was constitutional. We now know that it is "constitutional" and thus the rest of Obamacare is constitutional, as well.
Congress has passed this bill, president signed it into law and now the courts have passed on it. So some just don't plain like it (probably just because it benefits a black man in the whitehouse)-well, tough Chit!
Get over it, I say.
Somehow I don't expect Newly to object to your labeling gt. And when referring to me, you are only half right as I am quite conservative, fiscally. You can put me in the liberal column on social issues and I fully expect a lot more victories in the next 4 plus years.
In fact, I wouldn't be surprised if something was done to fix the rediculus SC. By the way, IMO, the Roberts Court has had several BS decisions, including this one. But we will take whatever it takes to start fixing our healthcare problems.
I must have hit a nerve by referring to "teaparty crazies", not that I called Dan one or you one for that matter. What's your problem?
I suggest you just skip over my posts if they cause you so much grief.
We certainly wouldn't want to deny you your wishfull thinking however, just like your prediction that the healthcare mandate would be unconstitutional, I'll weigh in here with "I think you are dreaming".
Your boy Roberts just has a different take on what the constitution says-no problemo, right. You'll just vote the problem out. Heheh!
The "teaparty" crazies didn't need arousing (even tho they needed warming up to Mitt) and the huge numbers in the middle (moderates) will be or get on board Obamacare, IMO.
I've worked with several commercial fishermen who didn't carry insurance and they usually cut a deal with their service providers for less than 50 cents on the dollar, since they could afford to pay. If they didn't pay, then collection agencies would most likely get involved and service providers would probably get even less than the 50 cents on the dollar.
Lots of young kids (out of school) aren't carrying insurance, that are not deadbeats either, have little choice but emergency rooms for certain care that just goes unpaid as hospitals can't go after parents. Many of these kids can afford insurance-they just elect to take their chances as they don't plan on that orthopedic surgery.
You can call it BS hap but you are just not in the know.
I live in Alaska.
It appears we are talking about different "freeloaders".
The poor will be taken care of by the rest of us. Those who can't afford insurance don't fall into that category (freeloader).
There are plenty of folks, who can afford insurance, who are not covered and are taken care of in emergency rooms or offer cents on the dollar for care-these are the "freeloaders" that will be taxed if they continue to choose this rout.
Funny you should bring up "freeloaders" hap, cause Obamacare will force the "freeloaders" to buy insurance or pay some fee/tax. How about that! Even illegal immigrants will need health insurance.
I'm surprised you rightwingers aren't jumping for joy!
You might have something there, Dan. Maybe Chief Justice Roberts never met a tax he didn't like!??
OK hap we'll put you in the "let em die" collumn.
Say, I thought you were on "hold" here!!!!!!!
As Ron Paul would say to those without insurance-"let em die". And that got cheers from the audience-we are clearly talking about folks from another planet.
I hear you about the South. I spent 16 weeks in Augusta, GA in 1967 and, at that time, it would not have been possible to be in business there with my last name.
You are right zab about the issue being healthcare!
However the rightwing crazies have many times stated that their only issue is that Obama be a one-term president. This will, IMO, turn out to be a huge anvil around their ankles that, in time, should pull them under.
While there are many reasons for keeping the law, clearly Roberts felt it necessary and he chose the Tax for doing it. We may never know his reasons but as for the Administration, they did argue before the court for the tax provision even though, as you say, they (admin.) didn't treat it as a tax when selling it to the public.
So................the court has ruled it a tax and remember that 4 justices were opposed to this, as well. Lots of grey here for the black and white crowd to chew on.
Yessir Zab,
Chief Justice Roberts allowed mandate as a tax and that illustrious Sarah Palin has already started giving it to Obama for his calling it "not a tax", as he lied. It's only a tax if you insist on not having coverage so...............just go for the insurance and presto-no tax.
I'm surprised the crazies on the right haven't jumped on this for no other reason than requiring illegal immigrants to have insurance.
Don't think there will be much stock trading on this board today.
You did come to the right place and I suspect the "bitchin" to start up anytime now, relative to SC ruling.
The rightwingers on here are just now doing whatever they can to get their blood pressure under control and I can hardly wait to get basserdan's take on it.
Sorry to disagree Newly, but brightness is mostly full of chit and even when he does know something (on all subjects) he loses the point and wanders all over the place trying to show he knows all. I think Alex G puts it best when he refers to his stuff as "gibberish"-so you are entitled to your opinion of his stuff (Pharohs, bureaurocrats, etc.) and as Alex G also suggests that he is certainly "creative". I'm not nearly as easy on him but that is my opinion-you have yours.
It is certainly tougher for the little guy, borusa!
Jack Abramoff has an article in the May issue of Playboy that gives his take on how to hire a lobyist should you need one. Coming from a pro-lobyist, who did his time, it's a pretty good read on how the system works-not necessarily corrupt, but it does require money to play and so the little guy is often screwed simply because he can't afford the best govt. that money can buy.
Please don't give me any more detail!
Actually much of your writing then, assuming you don't take drugs, suggests that you should be on some meds.
Some weeks ago I suggested, to one of the regulars here, that Ron Paul was an "ibogaine" addict, but perhaps it is you that is hooked on that one or should be on it.
Lighten up!
I've been gone for last 10 days and missed that one. You must have really provoked him, but since I don't know the context I can't say much else.
However, I've often thought that you occasionally fall off your meds. No offense, but you can be quite lucid at times and yet there are occasions where you don't make much sense.
I think you are correct brightness and everyone is just tore up that hap is on hold, IMO.
By the way, I think Alex G has done a fine job in dealing with the lowbrows on here and with a sense of humor, too. JMO
Say hap,
Just out of respect for Zeev, don't let the door hit you in the ass on your way out!