It was surreal

I believe I posted the correct link which is painful to watch. At one point she has a chart showing three evaluations of the economy, none from her office. I think one was money.com. Bizarre. In the Q&A someone calls her on it. There were tepid questions from the audience, but one good statement, the fellow saying he thought he was watching Nero fiddle while Rome burns

Asked about her job, she said (paraphrase) it was hard, She has a teen son. One night she got home at 11:00 pm, another night, 11:30 pm … and her husband has to do all the work at home now. They used to share.. I have to parphrase, I can’t watch this twice. Maybe in a year

Watch this to understand who is running things in DC

If you are confused about our course this should give you a better handle what is going on in DC

Thanks to CSPAN for putting this out. My opinion of CSPAN is such I wonder if they thought this was a significant speech

I recall readng that lots of the stimulus package went to Medicaid/Medicare/Schip programs. Biden also said that the stimulus has kept lots of public employees employed.

Uh…Uh…but..THE STIMULUS PACKAGE ISN’T WORKING!!! KEEP REPEATING THAT!!

dcwvu on August 7, 2009 at 10:44 AM

You Dummies …Uh Uh I mean Demos said the Stim had essentially not kicked into gear. So how could it have had any measurable effect ? You know it is a joke but hey keep wearing those knee pads.

Terex Cedarapids, which makes rock crushing and paving equipment, will eliminate some 170 jobs when it ends manufacturing at its northeast Cedar Rapids facility in mid-2010.

Terex blamed the drop in construction-equipment orders because of the worldwide recession for its decision to close the plant.

But what about the shovel ready jobs?

The stock market has gone up for two reasons:

1) Interest rates are still low due to the Fed/Treasury.

2) The ridiculous amount of liquidity has nowhere else to go.

It means nothing.

FTA:

In July 102,670 people saw their unemployment benefits run out.

Fox is saying the actual number is 16.3%

BLS juggling the numbers?

I have no doubt that they are. Even if they weren’t though, unless I misunderstand “unemployment rate” it stands to reason that as time goes by, with a smaller work force at the beginning of each month,the rate of newly unemployed will decrease. This lower rate of newly unemployed does not mean the economy is getting better,only that it is contracting at a slower rate. It is still contracting

Don’t forget; if contacted by agents of Goldstein send the info to Flag@Whorehouse.gov

they have stopped looking for work “because they believe no jobs are available for them.”

So, if everyone stops looking for work, we have full employment! BRILLIANT!!!

Great Post. Big Wow!

OK. I reread the “beauracratise.” I only speak English.

By their own statement:

1) They count defunct businesses as having cut the same percentage of jobs as the continued existing businesses in the survey sample.

2) They then add in the monthly historical average of jobs gained by business birth based on a 5 year average — when times were better.

There is no way in this climate that does not deflate the uemployment number.

They went back to school? Just wait until next month! “We saved the day! Unemployment is a thing of the past!” – hopenchange.

kirkill on August 7, 2009 at 1:19 PM

Next month? Try TODAY! Look at Drudge…Obambi is claiming to have saved us from “catastrophe”. I’m gonna need some Kool Aid soon or I’m gonna start slitting wrists…and I don’t mean my own!

I also heard that chocolate rations will be increased to 24 grams per week.