Bush is a hero

Since: Sep 10

Fremont, CA

#160039 Mar 8, 2013
AP story, today:

WASHINGTON (AP)— The American job market isn't just growing. It's accelerating.

Employers added 236,000 jobs in February and drove down the unemployment rate to 7.7 percent, its lowest level in more than four years. The gains signal that companies are confident enough in the economy to intensify hiring even in the face of tax increases and government spending cuts.

Last month capped a fourth-month hiring spree in which employers have added an average of 205,000 jobs a month. The hiring has been fueled by steady improvement in housing, auto sales, manufacturing and corporate profits, along with record-low borrowing rates.
Lyndi

Sarasota, FL

#160041 Mar 8, 2013
Catcher1 wrote:
AP story, today:
WASHINGTON (AP)— The American job market isn't just growing. It's accelerating.
Employers added 236,000 jobs in February and drove down the unemployment rate to 7.7 percent, its lowest level in more than four years. The gains signal that companies are confident enough in the economy to intensify hiring even in the face of tax increases and government spending cuts.
Last month capped a fourth-month hiring spree in which employers have added an average of 205,000 jobs a month. The hiring has been fueled by steady improvement in housing, auto sales, manufacturing and corporate profits, along with record-low borrowing rates.
Thanks for the Cinderella story from some junior reporter from Associated Press, Catcher. Now let's take a look at what grown ups are reading.

Wage Recession Hits 5 Years; Worse Than Jobs Drought
Wed, Feb 27 2013
Investor's Business Daily

As bad as the current job recovery has been — and it's by far the weakest since World War II — the recovery in wages has been far worse.

Five years after the recession began in December 2007, total wages in the economy have yet to fully recover in real terms, Commerce Department data show. In other words, the wage recession continues.

By comparison, the longest previous post-war wage recession, which began with the 2001 downturn, was over in 2-1/2 years, even though that jobs recession lasted four years.

In recoveries past, wage recessions have ended long before payrolls hit new highs. But in the current expansion, wages and employment are on the same slow track to recovery. Both remain about 2% below their old peaks.

Sixty months after the start of the 2001 recession, where we are now in the current cycle, wages were already nearly 8% above their prior peak, though payrolls were just 2% higher. A similar recovery would have boosted current wages by about $650 billion annually.

The early 1980s, marked by high inflation, saw real wages recover from one recession only to fall again before staging a more durable rebound. But the current wage recession has outlasted even that era of real wage stagnation.

The simplest explanation as to why wages have been so sluggish in this recovery is that the depth of job losses eroded employee bargaining power more than usual.

While it may not be true in all industries and specializations, the broad oversupply of labor means that workers have tended to feel fortunate to have a steady job, even without the gravy of pay hikes that outstrip inflation.

Another factor has been the underlying job shift since the end of 2007, with the bulk of the lingering losses in industries that tend to pay pretty well.

Compared to five years ago, there are 3.5 million fewer construction and manufacturing jobs and 1 million fewer jobs in financial services and government.

"Job quality is rapidly emerging as a second front in the struggling recovery," the National Employment Law Project, a low-wage worker advocacy group, concluded in a study in August. NELP found that lower-wage occupations accounted for 21% of the recession's job losses but 58% of the recovery's job gains.

Read More At Investor's Business Daily: http://news.investors.com/economy/022813-6461...
Follow us:@IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook

Read this sentence again.
"NELP found that lower-wage occupations accounted for 21% of the recession's job losses but 58% of the recovery's job gains.



Do you get what that sentence says or should I explain it to you?

Since: Sep 10

Hermosa Beach, CA

#160042 Mar 8, 2013
Lyndi wrote:
<quoted text>
Thanks for the Cinderella story from some junior reporter from Associated Press, Catcher. Now let's take a look at what grown ups are reading.
Wage Recession Hits 5 Years; Worse Than Jobs Drought
Wed, Feb 27 2013
Investor's Business Daily
As bad as the current job recovery has been — and it's by far the weakest since World War II — the recovery in wages has been far worse.
Five years after the recession began in December 2007, total wages in the economy have yet to fully recover in real terms, Commerce Department data show. In other words, the wage recession continues.
By comparison, the longest previous post-war wage recession, which began with the 2001 downturn, was over in 2-1/2 years, even though that jobs recession lasted four years.
In recoveries past, wage recessions have ended long before payrolls hit new highs. But in the current expansion, wages and employment are on the same slow track to recovery. Both remain about 2% below their old peaks.
Sixty months after the start of the 2001 recession, where we are now in the current cycle, wages were already nearly 8% above their prior peak, though payrolls were just 2% higher. A similar recovery would have boosted current wages by about $650 billion annually.
The early 1980s, marked by high inflation, saw real wages recover from one recession only to fall again before staging a more durable rebound. But the current wage recession has outlasted even that era of real wage stagnation.
The simplest explanation as to why wages have been so sluggish in this recovery is that the depth of job losses eroded employee bargaining power more than usual.
While it may not be true in all industries and specializations, the broad oversupply of labor means that workers have tended to feel fortunate to have a steady job, even without the gravy of pay hikes that outstrip inflation.
Another factor has been the underlying job shift since the end of 2007, with the bulk of the lingering losses in industries that tend to pay pretty well.
Compared to five years ago, there are 3.5 million fewer construction and manufacturing jobs and 1 million fewer jobs in financial services and government.
"Job quality is rapidly emerging as a second front in the struggling recovery," the National Employment Law Project, a low-wage worker advocacy group, concluded in a study in August. NELP found that lower-wage occupations accounted for 21% of the recession's job losses but 58% of the recovery's job gains.
Read More At Investor's Business Daily: http://news.investors.com/economy/022813-6461...
Follow us:@IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
Read this sentence again.
"NELP found that lower-wage occupations accounted for 21% of the recession's job losses but 58% of the recovery's job gains.
Do you get what that sentence says or should I explain it to you?
Investor's Business Daily?

BWAHAHAHAHAHAHAHAHAHAHAHA

Ha ha ha.

Ha.

Hehehe.
UidiotRaceMAKEWO RLDPEACE

United States

#160043 Mar 8, 2013
The Secret History of the American Empire
by John Perkins, p6 (the Economic hitman)

[The American empire] is ruled by a group of people who collectively act very much like a king. They run our largest corporations and, through them, our government. They cycle through the "revolving door" back and forth between business and government. Because they fund political campaigns and the media, they control elected officials and the information we receive. These men and women (the corporatocracy are in charge regardless of whether Republicans or Democrats control the White House or Congress. They are not subject to the people's will and their terms are not limited by law.
Lyndi

Sarasota, FL

#160044 Mar 8, 2013
Catcher1 wrote:
<quoted text>
Investor's Business Daily?
BWAHAHAHAHAHAHAHAHAHAHAHA
Ha ha ha.
Ha.
Hehehe.
Pretty much the thing in the NY Times- minus the stats.......

The article was written in 2012 but nothing has changed. They just don't report it anymore......makes Obama look bad.

http://www.nytimes.com/2012/06/19/us/many-ame...

Btw, Catcher, your "BWAHAHAHAHAHAAH" was almost as stupid as when you call male posters "dude."

Since: Sep 10

Hermosa Beach, CA

#160045 Mar 8, 2013
Lyndi wrote:
<quoted text>
Pretty much the thing in the NY Times- minus the stats.......
The article was written in 2012 but nothing has changed. They just don't report it anymore......makes Obama look bad.
http://www.nytimes.com/2012/06/19/us/many-ame...
Btw, Catcher, your "BWAHAHAHAHAHAAH" was almost as stupid as when you call male posters "dude."
Hey dudess,

I apologize for my overreaction.

But really, unless you want to preach to a very, very narrow choir, don"t put out stuff from Investor's Business Daily.

You should know better about what we can dignify, and what cannot be dignified.

I'm really depressed to see the level to which you have stooped.
UidiotRaceMAKEWO RLDPEACE

United States

#160046 Mar 8, 2013
Lyndi wrote:
<quoted text>
Pretty much the thing in the NY Times- minus the stats.......
The article was written in 2012 but nothing has changed. They just don't report it anymore......makes Obama look bad.
http://www.nytimes.com/2012/06/19/us/many-ame...
Btw, Catcher, your "BWAHAHAHAHAHAAH" was almost as stupid as when you call male posters "dude."
This What you our warring Americans right wing support !

Paul Farmer

The Uses and Abuses of Haiti


The real reason we have an (US) embargo against Haiti is that every time the Haitians are allowed to elect who they want they make the mistake of not electing the kind of people the U.S. government wants. They keep electing, in fact, the same guy, the one who is pushing social and economic rights for the poor.

UidiotRaceMAKEWO RLDPEACE

United States

#160047 Mar 8, 2013
Michael Parenti
"
With unfailing consistency, U.S. intervention has been on the side of the rich and powerful of various nations at the expense of the poor and needy. Rather than strengthening democracies, U.S. leaders have overthrown numerous democratically elected governments or other populist regimes in dozens of countries ... whenever these nations give evidence of putting the interests of their people ahead of the interests of multinational corporate interests.
UidiotRaceMAKEWO RLDPEACE

United States

#160049 Mar 8, 2013
Edward S. Herman, is an American economist and media analyst
"
Among Latin American elites, a peasant asking for a higher wage or a priest helping organize a peasant cooperative is a communist. And someone going so far as to suggest land reform or a more equitable tax system is a communist fanatic. There is no word or act suggesting the desirability of elite generosity toward the poor, or the need for education, organization or material advance for the majority, that has not been branded communistic in Latin America in recent decades.... Since communism is the enemy and peasants trying to improve themselves, priests with the slightest humanistic proclivity, and naturally anyone seriously challenging the status quo, are communists, they are also, by definition, enemies.
UidiotRaceMAKEWO RLDPEACE

United States

#160050 Mar 8, 2013
BobinTX wrote:
<quoted text>
When you're spending mega bucks on foreign aid to support governments that are the enemies of democracy, you have to cut back somewhere... childrens innoculations, visits to the "people's Whitehouse", preventing thousands of illegal alien felons from running loose in American cities...
Interjecting You post to addressed to lisw.

John Stockwell, former CIA official (From his books, speeches
"The CIA has overthrown functioning democracies in over 20 countries
UidiotRaceMAKEWO RLDPEACE

United States

#160051 Mar 8, 2013
Lyndi wrote:
<quoted text>
Two essay questions.
1) Chavez is a widely viewed liberal hero. Did he ever give back the billion dollars plus he stole from his people before he croaked and if not, why not?
2a) You're Mr. Politically correct. Why is it Black Americans prefer to be recognized as African Americans and reference their continent of origin and though you were born in South America, why is it you don't call yourself a South American, American?
2b) Since I believe in evolution and quite possibly am a tweaked desecendent of Lucy which paleoanthropologists discovered in Africa, wouldn't that make me an African American even though I'm caucasion?
You have one hour to complete the questions.
Begin.
Interjecting for catcher1. Not a liberal.



William Blum

"
How the conservative anti-communist American mind works:

If [Hugo] Chávez makes education more widely available to the masses of poor people, it's probably for the purpose of indoctrinating them. If Chávez invites a large number of Cuban doctors to Venezuela to treat the poor, it's a sign of a new and growing communist conspiracy in Latin America, which includes Evo Morales, president of Bolivia. If Chávez wins repeated democratic elections … here's the recent Secretary of Defense Donald Rumsfeld:“I mean, we've got Chávez in Venezuela with a lot of oil money. He's a person who was elected legally just as Adolf Hitler was elected legally and then consolidated power and now is, of course, working closely with Fidel Castro and Mr. Morales and others.
UidiotRaceMAKEWO RLDPEACE

United States

#160053 Mar 8, 2013
author/source
Should Chavez Be Afraid?
by Ted Snider



[Hugo] Chavez took the money from [Venezuela's] oil and pumped it into free education and free health and dental care, and subsidized food for the hungry and housing for the homeless. Poverty was cut in half and unemployment plummeted from 20% in 2003 to 8.4% by the end of 2006.
UidiotRaceMAKEWO RLDPEACE

United States

#160054 Mar 8, 2013
James Morris Lawson, Jr.(born September 22, 1928) was a leading theoretician and tactician of nonviolence within the American Civil Rights...

James Lawson,
The Assassinations - JFK, RFK, MLK,
James Douglass, p494

James Lawson, Martin Luther King's friend and an organizer with SCLC, testified that King's stands on Vietnam and the Poor People's Campaign had created enemies in Washington. He said King's speech at New York's Riverside Church on April 4, 1967, which condemned the Vietnam War and identified the U.S. government as "the greatest purveyor of violence in the world today," provoked intense hostility in the White House and FBI.
UidiotRaceMAKEWO RLDPEACE

United States

#160055 Mar 8, 2013
Tom Johnson, former publisher of the LA Times and later president of CNN,
What Liberal Media?, Eric Alterman, p27
k
It is not reporters or editors, but the owners of the media who decide the quality of the news ... produced by or televised by their news departments. It is they who most often select, hire, fire, and promote the editors and publishers, top general managers, news directors, and managing editors—the journalists—who run the newsrooms.... Owners determine newsroom budgets, and the tiny amount of time and space allotted to news versus advertising. They set the standard of quality by the quality of the people they choose and the news policy they embrace. Owners decide how much profit should be produced from their media properties. Owners decide what quality levels they are willing to support by how well or how poorly they pay their journalists.
UidiotRaceMAKEWO RLDPEACE

United States

#160056 Mar 8, 2013
Washington, DC – March 5, 2013 –Congressman José E. Serrano(who represents the poorest district in the nation)

Hugo Chavez was a leader that understood the needs of the poor. He was committed to empowering the powerless. R.I.P. Mr. President.

I met President Chavez in 2005 when he came to my district at my invitation,his focus on the issues faced by the poor and disenfranchised in his country made him a truly revolutionary leader in the history of Latin America. He understood that after 400 years on the outside of the established power structure looking in, it was time that the poor had a chance at seeing their problems and issues addressed. His core belief was in the dignity and common humanity of all people in Venezuela and in the world.

When he visited, President Chavez offered a new type of program to the people of the Bronx. He had harnessed the power of his nation’s oil resources and was using their profits—through Citgo—to enact social spending programs. Now he offered people in the Bronx that were struggling economically the same deal. He would provide home heating oil at a huge discount, provided the savings were reinvested in programs that benefited the underserved and underprivileged. I am proud to report that we have benefited from that program ever since, with millions invested in our community through this program and through a grant program he set up.

Though President Chavez was accused of many things, it is important to remember that he was democratically-elected many times in elections that were declared free and fair by international monitors. Even today, people in North America seem unable to accept that Venezuelans had taken our admonitions to have democracy to heart and elected the leader of their choice. President Chavez carried out the programs that his constituents wanted enacted, and won reelection. This too was revolutionary in the history of Latin America, where coup d’etat have been historically a way of power changing hands—especially during the times of controversial leaders.

President Chavez was a controversial leader. But at his core he was a man who came from very little and used his unique talents and gifts to try to lift up the people and the communities that reflected his impoverished roots. He believed that the government of the country should be used to empower the masses, not the few. He understood democracy and basic human desires for a dignified life. His legacy in his nation, and in the hemisphere, will be assured as the people he inspired continue to strive for a better life for the poor and downtrodden.

“The future begins”

Since: Jul 07

every moment

#160058 Mar 9, 2013
lisw wrote:
<quoted text>trickling down from where? the theory of trickle-down economics comes from the idea that if industry is doing well then jobs and increased salaries result.(which btw has worked for a long time) industry (in the form of small businesses and corporations) can't get better because they are meeting new expenses that have nothing to do with jobs or expansion. Some corporations are only doing okay because Obama has bolstered them up but they are beginning to fail again. I know, I know the stockmarket is doing well. Do you know how little the stockmarket has to do with jobs and the well-being of mainstream America?
Trickle-down has had thirty years to produce now, and a bewildering number of reasons offered as to why it ain't working.

Many common phrases are grounded in life. I have several coon-hunting friends and have spent many nights following the bellow and wail of dogs running coons. There's always one or another dog that underperforms. There's considerable investment in these dogs, and owners very often can't quite face reality. It's always too wet/cold/windy etc etc. Before long, somebody has to say, "No, Skeeter, that dog just don't hunt." I'm reminded of that with your latest enabling excuse as to why supply-side >still< doesn't produce the predicted results. It's always some other fault beyond what the theory can overcome.

No, the supply-side theory relative to gov't involvement is that favorable tax policy will encourage (not create) jobs and general prosperity. Some form of Keynesian economics ruled for the greater part of the 20th century. But a perfect storm of difficulties, many of them global and thus out of reach of domestic intervention, in the 70's opened the door for the supply-siders to question status quo. They had a go, result being the middle-class slid ever backward while wealth concentrated ever more completely on the upper-upper-tier. This is incontrovertible fact. Even conservatives can be heard to admit as much, but laughably they take a decidedly partisan slice of history - the last five years - to make a decidedly partisan point, as if we all woke up from suspended animation in Jan 2009, and all that went before has little connection to today.

The dog has had 30+ years to produce. The facts is, that dog don't hunt, Skeeter.
Lyndi

Sarasota, FL

#160059 Mar 9, 2013
Catcher1 wrote:
<quoted text>
I'm really depressed to see the level to which you have stooped.
You're depressed? Well maybe this will pull you out of your depression and make you laugh your head of at a another lunatic idea from the left.

"Florida State Senator Audrey Gibson (Democrat-Jacksonville) introduced legislation on Saturday that would require a three day waiting period for the sale of any firearm and the sale of ammunition for anyone who has not completed an anger management course first."

Anger Management Classes for Ammo.
ENROLL NOW! Yeah, okay.

Your party has some real deep thinkers, Catcher!

LOL!

Since: Sep 10

Hermosa Beach, CA

#160060 Mar 9, 2013
Lyndi wrote:
<quoted text>
You're depressed? Well maybe this will pull you out of your depression and make you laugh your head of at a another lunatic idea from the left.
"Florida State Senator Audrey Gibson (Democrat-Jacksonville) introduced legislation on Saturday that would require a three day waiting period for the sale of any firearm and the sale of ammunition for anyone who has not completed an anger management course first."
Anger Management Classes for Ammo.
ENROLL NOW! Yeah, okay.
Your party has some real deep thinkers, Catcher!
LOL!
Investor's Business Daily?

Hahaha again, still chuckling here. Next you'll be quoting Sarah and Michelle and Coulter?

Deep thinkers?

Oh, the irony. Hehehe.

“Custer @ LBH - Ooops”

Since: Nov 07

Bakersfield, CA

#160061 Mar 9, 2013
Catcher1 wrote:
<quoted text>
Smile, Lyndi, things are improving.
PROVE it! Talk is cheap.

“Custer @ LBH - Ooops”

Since: Nov 07

Bakersfield, CA

#160062 Mar 9, 2013
HipGnosis wrote:
<quoted text>For eight years ya'll (speaking collectively) said nothing nada zip as the deficit ballooned out of control. Then in Nov 08 ya'll got born-again fiscal religion. Hallellujah. Ever since then it's been "spending cuts, spending cuts, spending cuts". But what do you mean specifically? "I don't know, just don't cut mine, and don't make me contribute."
We weren't on the verge of bankruptcy, facing 17T debt either.

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