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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (20855)	5/2/2004 7:49:41 PM
From: Ahda	Read Replies (1) \| Respond to of 81220

bls.gov You can look at these stats but to me it looks like a non event.

To: sea_urchin who wrote (20855)	5/2/2004 8:23:04 PM
From: siempre	Read Replies (1) \| Respond to of 81220

this so-called economic recovery is clearly an economic mirage, based on an easy-money credit bubble which dwarfs all previous credit bubbles....yeah, the mother of all credit bubbles.... an appropos commentary from The Contrary Investor.... "...isn't it fairly obvious that one of the most levered economic environments in history would hit a growth rate brick wall if interest rates were to rise meaningfully? An economy that has become addicted to credit isn't going to run even faster when the dosage of its primary stimulant has been reduced. Even as the Fed eventually reacts to where the market is obviously leading it at the moment, will we ultimately witness yet another of history's aborted Fed Funds tightening cycles? Or will it be something a bit worse? Of course only time will tell, but history suggests that meaningful tightening in the current environment of real economic slack relative to historical experience will stop economic growth dead in its tracks." the entire article....The Character of Slack... gold-eagle.com

To: sea_urchin who wrote (20855)	5/2/2004 8:46:47 PM
From: Jamey	Read Replies (1) \| Respond to of 81220

>>>U.S. companies kept adding workers in April to help meet rising corporate and consumer demand amid the fastest economic growth in two decades....>> What is evident to me is that these are temporary jobs lasting only until orders are filled and then they will again be fired. IMO, one of the greatest problems facing the American worker today is the advent of temporary staffing agencies. Most are $6.00 an hour jobs with no benefits. That way the company assumes no cost other than the dollar or so so above the wage offered. No security, no benefits and temporary. Not a good incentive to get out of bed and go to work every day. Corporations have no compassion for the American worker like they did before the Technology age began. James