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Obama XI: Turn And Face The Strange

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Re: Obama XI: Turn And Face The Strange

Jobs report is in line with what I'm seeing anecdotally in my area/industry. More people are interviewing, recruiters are calling up, the floor has less empty space, more traffic driving to work, etc. I would have been very surprised if actual jobs gained didn't outpace the relatively mild estimates.

While there's no postives about an increased jobless rate, its better for it be because more people have returned to looking for work than because jobs were lost. I'm curious how much payrolls have increased also.

What I do wonder about is where geographically the job growth is occuring. Not sure if that data is available yet.
 
Re: Obama XI: Turn And Face The Strange

Kepler said:
That's pretty bad. And who gets pwned by as dim a bulb as Coburn? I thought our Financial Overlords were supposed to be smart?
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I take it you never deal with i-bankers, or ratings agencies. Used-car salesmen with Top-10 degrees ... :rolleyes:
 
Re: Obama XI: Turn And Face The Strange

Bill said:
This guy's the CEO of Goldman Sachs. Wonder what shenanigans are going on behind closed doors as financial regulation is being proposed? Talk about being evasive.

http://sayanythingblog.com/entry/go...about-his-communication-with-obamas-treasury/
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Obviously he's too big to <s>fail</s> answer questions from the little people.

Usually Coburn tosses nice big softballs...this wasn't exactly a tough question....and the guy still couldn't find an answer....amazing.
 
Re: Obama XI: Turn And Face The Strange

ScottM said:
I take it you never deal with i-bankers, or ratings agencies. Used-car salesmen with Top-10 degrees ... :rolleyes:
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But we've been assured that if these guys don't get $10M bonuses they'll leave for other firms, and the guys who are hired to replace them for only $5M bonuses will never be able to compete and, on noes, the end of Capitalism.
 
Re: Obama XI: Turn And Face The Strange

Kepler said:
But we've been assured that if these guys don't get $10M bonuses they'll leave for other firms, and the guys who are hired to replace them for only $5M bonuses will never be able to compete and, on noes, the end of Capitalism.
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"And you should love these slightly-used mortgage certificates offered by Uber-Bank, and with a stamp of AAA approval from Mulch Ratings. They were only held for a short time by a church pension fund in Pasadena, and generally delivered a nice 6% annual yield ... before the fund decided they wanted to get better returns by investing in our emu milk-securitization offering."
 
Re: Obama XI: Turn And Face The Strange

Kepler said:
But we've been assured that if these guys don't get $10M bonuses they'll leave for other firms, and the guys who are hired to replace them for only $5M bonuses will never be able to compete and, on noes, the end of Capitalism.
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If those guys have contracts, and they meet the stipulations in those contracts and aren't breaking any laws, then why shouldn't they get paid? Hell, even the union workers still get paid when their unions have been breaking numerous laws.
 
Re: Obama XI: Turn And Face The Strange

Plante26 said:
If those guys have contracts, and they meet the stipulations in those contracts and aren't breaking any laws, then why shouldn't they get paid? Hell, even the union workers still get paid when their unions have been breaking numerous laws.
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Oh, they should be paid, but then whoever gave them those contracts should immediately be shown the door.

Wall Street as currently configured is a multi-generational pyramid scheme where about 500-1000 guys vote the next generation of con men massive compensation courtesy of negligent boards and clueless investors. It's the government model: spend other people's money while draping it all with a thin cloak of alleged "accountability" and a thick blanket of deliberate obfuscation. Sunlight would burn them all out and we would all be to the good.
 
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Re: Obama XI: Turn And Face The Strange

Kepler said:
Oh, they should be paid, but then whoever gave them those contracts should immediately be shown the door.

Wall Street as currently configured is a multi-generational pyramid scheme where about 500-1000 guys vote the next generation of con men massive compensation courtesy of negligent boards and clueless investors. It's the government model: spend other people's money while draping it all with a thin cloak of alleged "accountability" and a thick blanket of deliberate obfuscation. Sunlight would burn them all out and we would all be to the good.
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You've got a magnfiying glass on a select few. Open your eyes and realize that not everything capitalism is evil. There are far more firms that didn't get involved in the shenanigans than those that did. Stop buying into all of the media hype. You're smarter than that.....I hope.
 
Re: Obama XI: Turn And Face The Strange

"Teacups"? :confused:

If I own the Red Roof Inn, I have some ideas for improvements.

BTW, watching that video there's really nothing to laugh at. Seems pretty reasonable to me.
 
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Re: Obama XI: Turn And Face The Strange

Kepler said:
"Teacups"? :confused:
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http://www.politico.com/news/stories/0509/22794.html

Rep. Alan Grayson was standing in the middle of Disney World when it hit him: What Americans really need is a week of paid vacation.

So on Thursday, the Florida Democrat will introduce the Paid Vacation Act — legislation that would be the first to make paid vacation time a requirement under federal law.
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He happens to represent Orlando. Surprise, surprise, surprise.
 
Re: Obama XI: Turn And Face The Strange

Regardless of what anyone thinks about Grayson or what he says, the Fed does need to be audited.
 
Re: Obama XI: Turn And Face The Strange

Developing story to watch today, it could be Senator Bob Bennett's (R-Utah) last hurrah. Today the Utah GOP meets to select it's candidate for the fall election, if a candidate gets over 60% of the vote, no primary, and he's on the ballot for fall. If no one gets 60% of the vote, the top two compete in a primary in June.

And ooo boy is Bobby Bennett in trouble. Current projections have him sitting 3rd in the race for delegates. Despite his 18 years of service, people feel he's not conservative enough.
 
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