Outstanding. Now the government is estimating jobless numbers for states too lazy to report because of labor day. Nine states didnt file so magically they dropped in claims....
"All tyranny needs to gain a foothold is for people of good conscience to remain silent." -Thomas Jefferson
"There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism—by vote. It is merely the difference between murder and suicide." - Ayn Rand ________________________________________________
Lenin: Class-based International Socialism Hitler: Race-based National Socialism Obama: Class- and Race-based Post-National Socialism
Government reports so close to the November election will be modified to portray the brightest picture of the economy. It is nothing but fiction (just like our 9.6% jobless rate) to enable politicians to further their re-election campaigns and agendas. The real picture - we have probably entered the Second Great Depression after the financial catastrophy of 2008.
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life. – Theodore Roosevelt
As a trader there is only one thing I believe about econ data, earnings releases etc-
Liars never figure and figures never lie ;-)
The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
Jobless numbers BEAT expectations - Not so fast...
Forum Locked
Posted - 09/09/2010 : 09:28:42
