"If the economy were to seriously weaken again, the government could be forced to inject more money into big banks."
I noticed YOU always have to WAIT, American!
"Jobless face gap before added benefits begin" by Robert Gavin, Globe Staff | December 1, 2009
An estimated 20,000 Massachusetts workers who exhausted unemployment benefits in recent weeks will have to wait until Dec. 15 to tap into a recently approved federal extension, state officials said.
That wait, however, is not as long as it could have been....
So STOP COMPLAINING, out-of work citizen -- as the STATE WASTES TAX LOOT and BANKSTERS hand out BILLIONS in BONUSES!!
I don't recall THEM WAITING for OUR MONEY!!!!
Yesterday, Suzanne Bump, state secretary of Labor and Workforce Development, said she would step down from her position as secretary effective today.
Another rat deserting a sinking ship!
Each time Congress enacts an extension of unemployment benefits, the state must rewrite about 300 separate software programs that screen for eligibility, account for payments, recalculate benefits, and incorporate other legal changes. State labor officials said they must wait to change the system until legislation is enacted because provisions can change. The reprogramming takes six to eight weeks, plus another week for testing....
Are you NOT SICK of ALL the GOVERNMENT EXCUSES?!!
And they want to MANAGE HEALTH CARE and CLIMATE CONTROL, huh?
Yeah, EITHER WAY you are getting a RECTAL EXAMINE!
Interim checks will be based on estimates, so subsequent payments may have to be adjusted based on final calculations of benefits, state labor officials said....
Translation: YOU MAY HAVE TO GIVE SOME BACK LATER, unemployed worker!
--more--"
Gee, I didn't expect that.
But I did expect this:
NEW YORK - Further evidence that the economic recovery will be a slow and bumpy one emerged yesterday with reports that service sector activity unexpectedly shrank in November.
During the HOLIDAY TEMP SEASON?
The government did report one positive sign: New jobless claims dropped for a fifth straight week.
Yeah, you SEE WHY ABOVE!!!! They DROPPED OFF the ROLLS!!!
But I EXPECT DECEPTION from GOVERNMENT and MSM now!!!!
But productivity gains in the third quarter showed that employers are managing to squeeze more work out of fewer workers. That is an ominous sign for the nearly 16 million Americans looking for jobs, and for many others who fear losing theirs.
Yeah, thanks for helping out, slave!
Related: A Tale of Two Economies
Wth limited government resources, the private sector ultimately will have to lead....What, after I was all talked up about the government saving us?
All that BORROWED $$$ for NOTHING, huh?
--more--"
"Weak November results worrying for retailers" by Anne D’innocenzio, Associated Press | December 4, 2009
NEW YORK - A decline in sales at the nation’s retailers in November after two consecutive months of gains is an ominous warning sign for the holiday shopping season and for an economy in the early stages of a fragile recovery.
Related: Here Comes Santa Claus' Sleigh
Not for all.
Many merchants may be forced to discount more than they planned to get financially strapped holiday shoppers to buy after last weekend’s respectable bargain buying surge didn’t offset weak spending for the rest of the month. The 0.3 percent decline, according to one measure, is especially worrisome because it comes on top of a freefall last November as spooked shoppers went into a defensive crouch after the financial meltdown....
Yeah, meanwhile, stroll through my business section and see how often you have been told the EXACT OPPOSITE the last few months!!!
But fear not!
Once again, the GOVERNMENT arrives with a WELL-PLACED LIE!
"Jobless numbers brighten outlook; Unemployment rate falls unexpectedly; Cautious optimism that hiring is picking up" by Katie Johnston Chase, Globe Staff | December 5, 2009
But overall, the labor force is still contracting, as discouraged job seekers give up on looking for work and some head back to school.
They haven't talked to me.
That has the effect of reducing the unemployment rate, which doesn’t count those who leave the labor force. But as economic optimism returns, and the number of job-seekers swells again, the unemployment rate may rise further....
Yeah, they ALWAYS have a BUT at the READY and an EXCUSE in HAND!!!!
If we are LOSING JOBS EVERY MONTH there IS NO RECOVERY!!!!
For those who like to read more lies:
--more--"
Also see: Boston Globe Business Pages Are Nothing But Bulls***!
Something this guy is FULL OF!
"Obama turns to Main St. on jobs creation; Pa. is first stop to gather ideas" by Philip Elliott and Andrew Taylor, Associated Press | December 5, 2009
ALLENTOWN, Pa. - Because of growing anxiety about federal deficits, Obama has been stressing that government spending shouldn’t be increased too much. But using the bailout money to pay for a jobs bill would require issuing billions of dollars in new federal debt.
Yeah, THAT is OKAY when it is for BANKS, WARS, and ISRAEL, but when it comes to you people (see gesture)!
Jobs-related legislation will probably have to wait until next year given the press of business on Capitol Hill....
Notice how YOU always have to WAIT, American citizen?!
Job losses have been the worst since the 1930s, but new statistics out yesterday showed a relatively moderate shedding of 11,000 jobs last month, the smallest monthly total since the recession began in December 2007....
Please tell that to EVERY SINGLE PERSON who LOST THAT JOB ;AST MONTH, you equivocating elitist scum!
And WHY DID YOU HIDE the beginning of the recession for SO LONG?
Didn't want Bush's last year in office to be a bummer, huh? Is that why you also told us he "won" Iraq with his failed "surge?"
During a campaign-style swing through Allentown, Obama was upbeat about the new numbers, calling them “good news just in time for the season of hope.’’
Oh, THIS GUY is as SICKENING as BUSH!!!!!
And DIFFERENT DAY, DIFFERENT LIE!
"Retail hiring rose in Nov., firm says" by Bloomberg News | December 8, 2009
I just read above that service sector was down!
WTF, MSM?
NEW YORK - Hiring by discount, grocery, restaurant, and specialty chains in November rose to the highest level in 2009, signaling that retailers may be anticipating a gradual recovery in consumer spending, a monthly survey found.
In November, 3.87 percent of applications resulted in hires....
Those are NOT VERY GOOD ODDS!!!!!
While these are classic signs of a gradual, post-recession recovery, last month’s hiring increase might be a “spillover’’ from October, as retailers delayed the peak season for taking on employees, Robert Yerex, Kronos’s chief economist, said last week....
And you know what happens when SHIT SPILLS OVER, ight?
And what about your DOLLAR, America!!?
The grocery bill sure was large yesterday for one small bag!
"Crude oil prices continue downward" by Associated Press | December 8, 2009
NEW YORK - Crude prices, which have trended lower for over than a month, grew even cheaper yesterday....
Oil is bought and sold largely in dollars, and this year the dollar has taken a beating compared with other currencies. That has allowed investors holding euros and other stronger currencies to buy a lot more oil for less.
And why PRICES at the PUMP RISE despite SUPPLY INCREASES!!!
Thus does the ILLUSION of the FREE MARKET collapse!
Consumers who want an early indication of where the prices of gasoline, diesel, and other fuels are going might want to watch the movement of the dollar. The rising dollar on currency exchanges could mean more bang for the buck at the gas station.
Yeah, if it STRENGTHENS!
If it WEAKENS prices go UP EVERYWHERE!!!!
At about $2.63 a gallon, gasoline now costs about 90 cents more than it did last year at this time, when prices were falling....
Despite DECLINING DEMAND!!
So when the dollar ides and America's economy becomes Zimbabwe's, will that be "unexpected," BG?
