I didn't go watch football, readers. I went shopping.....
First let me empty the trash:
"Police identify body found in nylon bag; Woman, 39, was a Boston resident" by Peter Schworm, Globe Staff | December 27, 2009
Police yesterday identified the body of a woman found dumped in an East Boston alley last Wednesday as Julienne Corrao, a 39-year-old Boston resident.
She was found stuffed in a large nylon bag, her wrists bound. Authorities did not say how she was killed, although two law enforcement sources previously said it appeared she had been beaten. Corrao had lived in a number of places in Boston, a police spokesman said, declining to provide her last known address.
“We don’t want to jeopardize the investigation,’’ said Joe Zanoli, a spokesman for the Boston Police Department. Autopsy results are incomplete. A neighbor found the body on Princeton Street, a quiet, residential area. The body had been left in a small alley next to a maroon three-decker. The neighbor called 911 to report a suspicious-looking bag, which other neighbors had assumed was trash....
Homicide detectives are still conducting interviews and are seeking the public’s assistance in solving the crime....And more police state measures deter crime how?
I'd rather be packing a piece. Let the crook get a little surprise. He'll never do it again.
--more--"
Yup, another crime unsolved (the Globe would have reported it, right?) while pot smokers have doors kicked in and senseless tyranny is imposed over fake "terrorism."
"Clues sought in death of woman found in alley" by Maria Cramer, Globe Staff | December 25, 2009
Boston police are investigating the death of a woman, apparently in her 30s, whose body was found Wednesday night inside a large cloth bag in East Boston.
Police are still trying to figure out the identity of the woman, who appears to be the victim of a homicide.... The body was found about 7:20 p.m. Wednesday by a neighbor on Princeton Street, a quiet, residential area with well-kept single-family homes and three-decker houses bedecked with wreaths and inflatable Christmas decorations. The body had been left in a small alley next to 89 Princeton St., a maroon three-decker. The woman’s wrists had been bound and she had a tattoo of a dragon on her neck, one of the officials said....
--more--"
Of course, Boston cops have plenty of other things to do:
Got time to cruise the strip, bust brothels, hang out in bars, buy drugs, and worry about cellphones while ROBBERIES, RAPES, and MURDERS go UNSOLVED!!!
And that "good Samaritan" you thought you saw?
“Earlier this month, police wrapped up a 30-day sting involving plainclothes officers mimicking tourists and other pedestrians. Once they were panhandled, they essentially became victims guaranteed to show up for a trial”
Why not HELP OUT the PANHANDLERS and SOLVE the PROBLEM?
I'm sure I'll see some as I hit the stores!
FLASHBACKS:
Please remember these as we hit the mall again!
"Hopes raised for recovery; Amid good signs, holiday spending off to a slow start" by Martin Crutsinger and Anne D’Innocenzio, Associated Press | December 12, 2009
WASHINGTON - Just in time for Christmas, the fragile economic recovery is showing signs of strengthening: Consumers are spending, companies are rebuilding stockpiles, and Chinese exports are mounting a comeback.
Data released yesterday eased some worries about Americans’ willingness to spend this holiday season. But stores remain worried that they may have to offer deeper discounts than planned, perhaps as early as this weekend, because of mediocre sales so far. Most stores have reported lackluster results for the start of the holiday season, so the Commerce Department’s retail sales report for November was encouraging....
Translation; The government and MSM are lying to you to try and boost sales and keep you from realizing how s***ty this economy really is.... and they soon prove it:
Shoppers crowded malls for deep discounts over Thanksgiving weekend, but many consumers have been slow to return. Some analysts say the industry could suffer its second straight year of holiday-season sales declines. The two weeks since Thanksgiving have been especially tepid....
Please keep this in mind for the later contradictions, 'er, lies, 'er, revisions, 'er, you know what I mean.
Many are counting on a strong sales rebound this weekend. If that does not happen, they may have to cut prices further.
Didn't this article lead with "just in time for Christmas, the fragile economic recovery is showing signs of strengthening: Consumers are spending, companies are rebuilding" blah,blah,blah, pfffft?
--more--"
"Holiday discounts won’t be extra deep; Better planning eases the panic at major stores" by Anne D’Innocenzio, Associated Press | December 17, 2009
NEW YORK - If you were hoping to find massive clearance sales as you finish your holiday shopping, prepare to be disappointed.
I sure am! There is NOTHING on the SHELVES!!!
Major stores that had worried it would take across-the-board discounts to lure shoppers are backing away from the panic button. They planned better this year in stocking their merchandise, and Americans are spending a little more than expected.
Oh, here comes the s*** shovel.
Sales last week were up 18 percent from the week before, and a little more than 1 percent higher than a year earlier, according to figures released yesterday by the research firm ShopperTrak....
That should help fourth-quarter profits....
Keep that in mind for later, please.
For stores, the success of the holiday shopping season depends on the week before Dec. 25, which accounts for about a quarter of holiday sales, according to ShopperTrak. The Saturday before Christmas usually rivals the day after Thanksgiving, the traditional start of holiday shopping....
Then THIS YEAR is looking DISMAL!!!!
And stores have reason for some optimism: Shoppers don’t seem as far along in their gift-buying as they were last year at this point, according to both the National Retail Federation and the International Council of Shopping Centers.
Give it a few days; that WILL turn to PANIC because WE AIN'T BUYING THIS YEAR! I sent CHECKS to CHARITIES as GIFTS this year!!!
Shoppers, though, have stuck to their lists and bought discounted practical items like socks, pajamas, and microwaves, but have opened their wallets for discounted electronics. Online shopping has been another bright spot.
You guys ever get tired of shoveling s***, agenda-pusher?
Retailers are pinning hopes on shoppers like Marney Bilodeau, who said she’s cramming all her holiday buying in this week and next....
NOT ME I hope!
--more --"
"Snowstorm may bury holiday shopping; Retailers say they wouldn’t be able to recoup losses" by Mae Anderson, Associated Press | December 19, 2009
NEW YORK - Lots of snow may have storybook holiday charm, but storm predictions in the Northeast are not raising the spirits of retailers counting on shoppers to give them a brisk finish to the season.
A wet storm that arrived in the Southeast late Thursday could bring snow to much of the Eastern Seaboard beginning today. Washington, D.C., could get 10 to 16 inches of snow, and the New York region five to 10 inches, the National Weather Service warned. Forecasters expect six to eight inches of snow in Boston and as much as 20 inches on some areas of Cape Cod.
Related: Global Warming on the Ground
For retailers already struggling to draw restrained holiday shoppers, stormy weather on the last Saturday before Christmas, sometimes the busiest shopping day of the year, could mean the loss of sales that aren’t replaced, experts said....
And yet
"Sales last week were up 18 percent from the week before, and a little more than 1 percent higher than a year earlier, according to figures released yesterday by the research firm ShopperTrak."
Whatever, MSM!....
Even if major storms don’t materialize, forecasts could keep shoppers home....
They did this one.
--more--"
"Storm hit East Coast retailers; Saturday sales were not so super" by Anne D’Innocenzio, Associated Press | December 23, 2009
NEW YORK - Super Saturday - the last Saturday before Christmas and usually the biggest or second-biggest sales day of the year - got walloped by a big East Coast snowstorm that kept many shoppers at home.
Merchants in the Northeast are now left to hope for an even bigger-than-usual last-minute spending surge from shoppers who, according to several surveys, are well behind on their holiday purchases compared with previous years.
So WHAT is with the MIXED MESSAGES then, MSM?!! WTF?!!
Several stores, including Target and Toys R Us, announced earlier this week they will extend their hours to accommodate shoppers in the final days before Christmas....
Not going to help.
Research firm ShopperTrak reported yesterday that Super Saturday sales dropped 12.6 percent from a year ago, while foot traffic fell 12.4 percent, as a winter storm lashed the East Coast. That’s on top of a 12.4 percent sales decline and a 17 percent drop in foot traffic on Super Saturday in 2008 compared with the prior year....
A 25% DROP in TWO YEARS?!
Can you say ECONOMY on FREE FALL, Americans?
BRAINTREE - Across the region, anxious merchants battered by last weekend’s wicked northeaster are offering holdouts like Gadon a cornucopia of promotions and extended hours during the final countdown to Christmas....
The last Saturday before Christmas is traditionally the second-biggest spending day of the holiday season and a day when last-minute shoppers are out in force. Now, store owners are frantically trying to make up what was lost this weekend, when sales dropped 17.3 percent in the Northeast on Saturday compared with the same period last year, according to research firm ShopperTrak.
It AIN'T HAPPENING, readers!
The hit could not have come at a worse time for retailers already facing a gloomy climate. So this year procrastinators are key to whether merchants will have a profitable holiday.
Oh, THAT is NOT GOOD!!!
Don't worry, I'm sure they will get to you TOMORROW, merchants.
Even before the snowstorm, a record number of shoppers were holding out for better deals and trying to save up cash to pay for gifts....
--more--"
You got all that, readers?
Yup, NO ONE was SHOPPING and MERCHANTS were WAITING!!
So WAS IT JUST A LIE, or IS THIS DAY AFTER the DAY AFTER CHANGE of MSM TUNE the LIE?!!
Take YOUR PICK, readers.
I'll see ya in the NEW YEAR when I am NO LONGER READING SUCH GARBAGE and WASTING YOUR TIME and MINE!
FRESH MSM DUNG:
Throughout the holiday season, they had dutifully shopped for others, searching the malls from Ann Taylor to Zales to find the perfect gifts for family and friends. Their Christmas lists were long, and so were the lines.
Always, the clock was ticking.
Yeah, WHERE?
The BEGGING and ANXIOUS MERCHANTS?
I mean, WHAT DID I JUST READ ABOVE?!
So THAT LIE was just trying to GET YOU OUT THERE and SPEND MONEY YOU DON'T HAVE to BOOST CORPORATE CHRISTMAS SALES, huh, so GOVERNMENT and MSM can look good?
Yesterday, they reclaimed their shopping agenda with a rush of liberation and pent-up zeal, seizing on postholiday sales, extended store hours, and freshly acquired gift cards for a flurry of delayed gratification at discount prices. Armed with gift receipts, they again thronged to the stores, taking advantage of the long holiday weekend to exchange unwanted presents (sorry Auntie Jean and Uncle Bob), and peruse the aisles on their own terms.
I'm sorry, readers, but THIS is INSULTING BULLSHIT!!!
“Today is about us,’’ said Cyndi Reitmeyer, shopping with her mother and 4-year-old daughter at the Natick Collection, a vast shopping complex off the Massachusetts Turnpike. The stores were crowded by 9 a.m., and by midafternoon the parking lot was packed.
Seeing as that's the case, f*** the shopping. Can't find a parking space. Let's head home.
So INVESTIGATIVE REPORTING at the Globe is down to STANDING on STREET CORNERS and ROAMING MALLS for ANECDOTAL LIES, huh?
Rejuvenated after a day’s respite from the commercial clamor, the most dedicated purchasers arrived at stores before dawn, on the lookout for bargains and eager to snatch up those coveted items Santa Claus somehow forgot. “People get those gift cards, they want to spend them immediately,’’ said Dawn Penkala, who manages
Yeah, KEEP the GIFT CARD LIE in your mind, too!!!!
The predawn opening, the earliest in store history, underscored the lengths retailers are willing to go to entice shoppers and boost sluggish holiday sales.
Okay, then WHAT WAS IN THE FIRST THREE PARAGRAPHS other than AGENDA-HUCKED BULLSHIT, 'eh?
With consumer confidence still shaky and many customers reluctant to run up credit card debt, many stores eyed a post-Christmas bounce as their last chance to salvage the make-or-break season, which analysts say can account for 25 percent of annual sales.
Yup, EVERY WEEK it was the SAME STORY!
THIS is the week that is make or break!
And when it BROKE then it was the NEXT WEEK!
Then it was the PROCRASTINATORS that were going to save them, ha-ha!
Now it is the POST-XMAS CROWD with the EVER-INCREASING SHARE of the SALES MARKET!
“Hopefully they are making more exchanges than returns,’’ said Mark Whiting, general manager for the Liberty Tree and North Shore malls, who said business was steady but far from hectic. “That’s our Christmas wish for our retailers.’’
In addition to JC Penney, Macy’s got an early start yesterday, 6 a.m., and Sears opened at 7, Whiting said. Last year, ShopperTrak, a market research firm, ranked the day after Christmas among the top three holiday shopping days, along with Black Friday and the Saturday before Christmas. This year, with the anemic economy making consumers more price conscious, 10 percent of shoppers planned to wait for postholiday sales to buy presents, according to a midmonth survey by
Yeah, whatever, MSM. ShopperTrak -- as I noted above -- forecast a 25% DECLINE over TWO YEARS and I'M TIRED of the S***-SHOVELING LIES of the Boston Globe.
More than 30 percent of shoppers were holding out for the best deals, the American Express survey indicated, and almost 20 percent were still saving money for holiday gifts. With money tight, the calendar became a bit more flexible, many said.
PFFFFFT!
Translation: WE LIE!
For Beth Rasmussen of Andover, it had been six long weeks since her television broke, but her time had finally come. She joined the crowds at
There they go PIMPING for BEST BUY again!
See: Going Xmas Shopping: Inside the Mall
Going Xmas Shopping: Last Minute Mayhem
At Target in Somerville, business picked up around noon, as customers scooped up half-off seasonal items. “People really load up,’’ said manager Liz Diggin.
Despite the calendar, others were still in Christmas mode. They had already exchanged gifts with their immediate family, but more family get-togethers loomed. “I really procrastinated this year,’’ Malene Coombs of Lincoln said as she looked for presents for her nieces and nephews at Borders in Cambridge. For others, the malls provided a much-needed outlet from family gatherings.
Yeah, who would want to hang out with family during the holidays, huh?
Seriously, readers, I'm tired of the Jewsih insults passing as "news."
There were only so many Christmas movies to watch, video games to play.
See: 'Twas the Paper Before Christmas....
Fun video games, huh?
The Belyeas of Hingham took shelter at the CambridgeSide Galleria. They left their bags of exchanges at home, fearing long lines. But they were out of the house. “We have nothing else to do,’’ said Emily Belyea, 23.
--more--"
And the AmeriKan MSM really does think you have s*** for brains, America!
"Shoppers spent a little more this season" by Anne D’Innocenzio, Associated Press | December 28, 2009
The BALD-FACED LYING is SHOCKING, isn't it?
NEW YORK - Holiday shoppers spent a little more this season, according to data released today, giving merchants some reason for cheer.
Yes, a BIG, BRIGHT, SHINY TURD of a MSM LIE should MAKE YOU SMILE!!
Here, let me cut you a piece of MSM cake!
The spending bounce means retailers avoided a repeat of last year’s disaster, even amid tight credit and double-digit unemployment. Profits should be healthier, too, because stores had a year to plan their inventories to match consumer demand and never needed to resort to fire-sale clearances....
PFFFFFFFFFFFFTTT!
Adjusting for an extra shopping day between Thanksgiving and Christmas, the number was closer to a 1 percent gain...
A major winter storm that slammed the Northeast and shut in shoppers on the Saturday before Christmas derailed some sales. But consumers appeared to have made up for the loss by shopping in advance of the storm and the days leading up to Christmas.
THESE ARE SUCH LIES!!!
Or the PRE-XMAS CRAP ABOVE was JUST THAT, huh?
Take your PICK, readers!!
Online sales were a particular hot spot....
One worrisome sign:
Yeah, YOU KNOW WHAT THAT IS: A SHIT-SHOVELING MSM!
Merchants are facing big hurdles to lure shoppers back in January amid lean inventories and what appear to be weak gift card sales. Gift card sales are recorded only when they are redeemed.
PFFFFFTT!
That's ODD because the GLOBE TOLD me the GIFT CARD SALES were ROARING where they are at the mall!
FYI, readers, the only gift card I bought was to the local Chinese diner.
Stores count on a post-Christmas boost because of the growing importance of January on the retail sales calendar. Last year, the week after Christmas accounted for 15 percent of overall holiday sales, according to ShopperTrak, a research firm.
Of course, ABOVE IT SAID 25% and this is the FIRST I'VE EVER HEARD of the "post-Xmas" boost and I been Xmasing for years!
Retail consultant Burt P. Flickinger describes gift cards as “the lifeblood’’ of the post-Christmas season, because shoppers typically spend more than the value of the cards.
Karen MacDonald, a spokeswoman at Taubman Centers Inc., said a survey of its centers this past weekend showed that merchants are on track to generate, on average, low-single-digit sales increases from a year ago, though they still have a week to go. MacDonald noted that the centers had a strong last-minute sales surge, and this past weekend, business has been strong.
How much bullshit can a newspaper shovel if a newspaper could shovel bullshit, readers?
She added that 85 percent of shoppers are buying, 10 percent are exchanging, and about 5 percent are returning items....
That is what she SAYS, huh?
And what was that soft brown matter that came out her mouth with it?
Translation:
That LAST ARTICLE was TOTAL BULLSHIT and they think you will have FORGOTTEN in a WEEK, 'murkn!
--more--"
Want MORE INSULT?
"Recession drives conversion from spenders to savers" by V. Dion Haynes, Washington Post | December 29, 2009
WASHINGTON - As crazy as it sounds, losing a $70,000-a-year job has been good for Marty Morua’s finances.
Un-flipping-fucking-real!!
The former Wall Street stockbroker says the setback forced him to scrutinize his family budget and snip away at expenses. And soon, even with less income, their savings grew.
What, he DIDN'T GET a BIG FAT BONUS from WALL STREET?
See: The Biggest Bonuses of All Time
Here Comes Santa Claus' Sleigh
The Boston Sunday Globe Says Job Loss is a Good Thing
Highest Unemployment in 25 Years a Good Thing
Readers, I am SICK of this INSULTING and ELITIST SHIT, aren't you?
First, he and his wife decided to live on her salary so he could be home with their 5-year-old daughter after school.
Oh, I'm GLAD they have THAT OPTION that YOU DON'T, America!
Yeah, I'm sick of STINK ELITE PAPERS!
Without a nanny, they saved $12,000 a year.
Oh, yeah, I can save money if I get rid of my nanny.
Why didn't I think of that? Because I DON'T HAVE ONE?
How about YOU, America?
He dropped services he didn’t use on his cellphone - texting and video games - to pocket $250 a year. He took a defensive-driving course for a 10 percent discount on his auto insurance and dropped car-rental and roadside-assistance coverage, for another $150 a year. For holiday gifts, he turned to thrift stores and gave home-baked cookies.
What a cheap bastard!
“When I was working, I didn’t look at the price tag,’’ he said. “In a strange way,’’ he added, losing the job “has been a blessing to teach me how to become aggressive and wise about saving and ways to save - areas I never would have thought about.’’
I've kind of HAD IT, readers, forgive me.
The recession has caused a seismic shift in the consumer culture, converting die-hard spenders into savers. A growing number of people, either smarting from a job loss or spooked by the financial crises of others, are scrambling to get out of debt, establish emergency funds, and add to their savings....
Yeah, unless you are one of the OBSCENELY WEALTHY waiting for Santa's sleigh!
Somehow THEY ALL DID FINE during this CRASH!
Allen Sinai, chief global economist at Decision Economics, a consulting firm, said banks are the winners when consumers save, but there are “more losers than winners.’’
Yeah, EVER NOTICE BANKS are ALWAYS WINNERS, America?
“Who loses? The economy loses,’’ Sinai added, because “weak consumption was part of bringing the economy into the deepest recession since the Great Depression.’’ Unemployment will remain high, with businesses driven by consumer spending struggling.
Related: Consumers Cutting Debt Killed Recovery
Out-of-Work Americans Killed Economic Recovery
Slow Saturday Special: U.S. Consumers Killed Economic Recovery
Yeah, after the lying looters set the whole thing up for you, YOU BLEW IT, impoverished American consumer!
Banks made BILLIONS and GAVE OUT BILLIONS in BONUSES but YOU WRECKED the ECONOMY, EMPTY-POCKETED American!
Nevertheless, Sinai said, saving at this point is good for consumers. With borrowing and spending having gotten way out of hand, he said, consumers need this respite to regroup and repair their tattered balance sheets.
So WHAT is the GOD-DAMNED GOVERNMENT'S EXCUSE, huh?
After that, he said, people should be ready to spend again.
HOW MANY MONTHS have we been HEARING THAT same old MSM song and dance?
But many new savers say they don’t even want to think about spending....
I'm not!!
I spend for FOOD and THAT IS IT other than athletic tape for basketball, a morning cup of coffee, and a Boston Globe -- and AS OF TOMORROW I MAKE MY OWN COFFEE and NO LONGER BUY a GLOBE!
Besides, it is TOO COLD to go out and get a OVER-PRICED, LIE-RIDDEN, AGENDA-PUSHING, WAR-PROMOTING, Zionist S***-SHEET!
I guess these fools didn't get the memo about work:
"Having a job (or three) is far from enough; Pay levels plummet, with many settling for part-time work . . . putting a chill on consumer outlays" by Robert Gavin, Globe Staff | December 30, 2009
Related: Massachusetts' Economic Magic
A Tale of Two Economies
Yeah, he's the Globe's chief shit-thrower.
After getting laid off early this year, David Fagerstrom Sr. managed to find not one but three jobs. Yet he still has a big problem: The combined pay of the part-time positions is less than a third of his old salary at Kronos Inc. in Chelmsford.
Obviously not a banker.
As a result, Fagerstrom, who worked nearly a decade as a business operations analyst at the software maker, has cut spending everywhere he can, including restaurant meals, vacations, and nights out with friends. He’s falling behind on car and mortgage payments, and foreclosure no longer seems unthinkable.
But the economy is doing great.
“It’s really forcing us to live life on the edge,’’ said Fagerstrom, 63, of Salem, N.H. “There just ain’t enough coming in.’’
Where is your $250,000 bank bonus?
Fagerstrom’s predicament helps explain why the economy has been so slow to rebound from the recent recession, and why many economists expect a long, difficult recovery ahead.
Actually IT HASN'T REBOUNDED because we are STILL LOSING JOBS; however, the GLOBE PUKE has LIED SO LONG he CAN NOT TELL the TRUTH now without looking like an EVEN BIGGER LIAR!
Sort of like on, well, EVERYTHING ELSE, too!!!!! Weather, war, you name it, Globe lies about it.
As fast as jobs have disappeared over the past year, wage and salary income has fallen even faster, as many workers have had their pay cut, hours reduced, or like Fagerstrom, had to take part-time or low-paying jobs because they can’t find other work.
Related: The Boston Globe's Invisible Ink: Jobs Gone Forever
The Last Job You Will Ever Have
Wage and salary income drives consumer spending, which in turn drives the US economy, according to analysts. And with credit tight and many consumers unable to borrow against rising home values, many people have little extra money to spend.
Where did all those TRILLIONS in BAILOUT LOOT GO, America?
BANKSTERS POCKETS and THAT'S IT!
And now they WANT MORE!
Wages and salaries are expected to play an even bigger role in supporting economic activity in coming years.... “A lot of people are underemployed, and that magnifies the impact of the recession,’’ said Northeastern economics professor Alan Clayton-Matthews. “They work less, they have less money, and they spend less. That’s the vicious cycle of recessions.’’
As opposed to the vicious cycle of MSM s***?
Related: A Tale of Two Economies
Yeah, that's him.
While wage and salary income has ticked up a bit recently, it is coming off a devastating slide over the past year. Wages and salaries paid by private employers nationally have fallen from the previous year for four consecutive quarters, the most prolonged decline in 60 years, according to the US Commerce Department. In Massachusetts, which entered the recession later than the nation, wage and salary income has fallen for three consecutive quarters, according to estimates by Clayton-Matthews. In the third quarter, which ended Sept. 30, wages and salaries paid by Massachusetts employers plunged 5 percent from a year earlier, compared with an employment decline of about 3 percent. Meanwhile, spending fell about 8 percent during the same period.
Yeah, but we are CHARGING OUT of RECESSION!
As the income decline shows, the official unemployment rate, as high as it is, fails to capture completely the weakness of the economy. Fagerstrom, for example, is counted as employed by the US Labor Department because he teaches an economics class at Northern Essex Community College in Haverhill, another economics class at Southern New Hampshire University in Salem, N.H., and does occasional contract work for a Maryland firm. Together, the three jobs pay him about $30,000 a year. But it still feels like unemployment to Fagerstrom....
UN-REAL!
He has THREE JOBS and is making MORE THAN I EVER DID in a year and it FEELS like unemployment!
Imagine how I FEEL sitting here doing this for NOTHING!!
More than 24 million, or 16 percent, of US workers, including more than 400,000, or 13 percent, in Massachusetts, are counted as unemployed or working part time because they can’t find full-time employment. The official unemployment rate is 10 percent nationally, 8.8 percent in Massachusetts. The large number of people competing for jobs means that people’s earnings are likely to increase only slowly, analysts said. Mark Zandi, chief economist at Moody’s Economy.com....
What, you don't get a CHECK CUT for you by Treasury like the BANKS, America?
The unemployment rate would have to fall to about 6 percent - which most economists say is several years away - before workers experience real, inflation-adjusted gains, Zandi said.
Yeah, YOU must wait YEARS, America! You aren't banksters!
“That doesn’t mean the economy can’t come back. It just can’t come roaring back,’’ Zandi said. “Wages and salaries are the fuel that powers consumer spending, which is the key to economic recovery. If they’re falling, consumers don’t have the fuel or fire power to spend.’’
With so many workers looking for jobs, it’s a buyer’s market for employers.
See: MSM Xmas Gifts: American Job-Seekers
Yup, they DO NOT EVEN READ your RESUME, readers!
Cindy-jo Gross was a vice president for a senior health care management firm when she was laid off more than a year ago. She decided to leave the executive suite to work closer to patient care, expecting to take a pay cut to change her career focus - but not as big a cut as some companies wanted. Some offered salaries that were just over half of what she had earned before, saying that they could find people who would work for a lot less. “The competition was up, and the demand was down,’’ said Gross, 46, who recently started a job managing a primary care practice in Foxborough for Partners HealthCare System Inc., at about 25 percent less than her old salary.
Evens Auguste, 50, of Brockton, is earning less than half of his old salary. After getting laid off from an information technology job, he spent more than a year looking for a similar position. In January, he took a job driving a Cambridge cab.... He still hopes to find a new technology job. He’s studying computer security to add another certification to his two associate’s degrees. In the meantime, he’s driving 12-hour shifts, six days a week, typically earning $50 to $80 a day, although he has made as much as $150 in a shift....
Yeah, those COLLEGE DEGREES didn't seem to mean shit, huh?
"Bright outlook boosts confidence; But people still not happy with current economy" by Courtney Schlisserman and Bob Willis, Bloomberg | December 30, 2009
WASHINGTON - Confidence among US consumers improved in December for a second month as Americans grew less worried about the immediate future, pointing to an economy that will keep expanding into 2010....
Attitudes about current conditions decreased to the lowest level in 26 years and wage expectations also fell, a reminder that the worst employment slump in the post-World War II era has shaken consumers.
But it is a BRIGHT OUTLOOK, pffffffttt!!!!
Gains in home and stock prices are helping households recover some of the record $17.5 trillion plunge in wealth, which may help sustain spending next year....
Look at them wishing, hoping, praying the economy will get better and you will spend, America -- and lying to you the whole time!
--more--"
Related: Recovery still elusivePffft!
However....
PFFFFFFFFFFFTTTT!!!!
--more--"Okay, time to gas up before the ride home:
NEW YORK - Energy prices rose slightly yesterday with a majority of futures traders taking the holiday week off, though a stronger dollar helped keep a barrel of oil below $79....
A rise in the dollar versus other currencies tends to push oil prices lower. Crude is priced in dollars, and investors holding foreign money can’t buy as much when the dollar rises. Still, oil has pressed higher for five straight days.
Which means YOUR DOLLAR was getting WEAKER, America. Not long now until it is worth next-to-nothing.
Crude is getting close to the high for the year of $82 a barrel, and that’s tugging other fuels higher as well. Retail gas prices increased for the fourth straight day, the first time it’s done that since October. The national average climbed a half penny overnight to a new national average of $2.61, according to auto club AAA. A gallon of regular unleaded is 2.1 cents cheaper than a month ago, but nearly $1 more expensive than a year ago.
With DEMAND and DRIVING DOWN SO MUCH because of RECESSION?
A report released yesterday by MasterCard SpendingPulse said Americans bought more gas last week than they did a year ago, marking the fifth straight week that demand strengthened.
When the new year begins, analyst and trader Stephen Schork said, he’ll be closely watching for signs of gas demand and how oil refiners will react. Petroleum consumption has dropped overall this year in the United States, and if refiners can’t pass along higher crude prices to consumers, then Schork said he expects a downward correction in oil prices.
Why?
Prices went UP a $1 this year and DEMAND WAS DOWN?
It is ALL PEGGED to YOUR DOLLAR now, America.
There IS NO LAW of SUPPLY and DEMAND! So when GAS PRICES (and all others) RISE it is because YOUR DOLLAR is WEAKER!
But DON'T COUNT on the MSM to TELL YOU THAT! They DANCE and OBFUSCATE around that all the time.
Awww, the POOR, BILLIONS-in-PROFITS oil companies, can you believe it?
--more--"
Also see:
- MSM Xmas Cards
- MSM Xmas Gifts: To the Health Insurance Industry
- MSM Xmas Gifts: Boston's Hospitals
- MSM Xmas Gifts: To Veterans
- MSM Xmas Gifts: To American Convicts
- MSM Xmas Gifts: To Junior
- MSM Xmas Gifts: To Congress
- MSM Xmas Gifts: War Profiteers
- MSM Xmas Gifts: To AIG and GMAC
- MSM Xmas Gifts: To Fannie and Freddie
- MSM Xmas Gifts: To OneUnited Bank
- MSM Xmas Gifts: To Special Interests
- MSM Xmas Gifts: To Wall Street
- MSM Xmas Gifts: To the American Public
- MSM Xmas Gifts: To Rudy Giuliani
- MSM Xmas Gifts: Moon Rock
- MSM Xmas Gifts: Bush E-Mails
- MSM Xmas Gifts: New Car
- MSM Xmas Gifts: American Homeowners
- MSM Xmas Gifts: Putnam Employees
- MSM Xmas Gifts: MSM Reporters
- MSM Stocking Stuffers
- XMas Morning
