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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (217404)2/4/2005 10:36:41 AM
From: Elroy  Read Replies (2) | Respond to of 1575208
 
Israel is a democracy and an ally. The American people and Western Civilization have nothing to fear from Israel. However, Iran or any fascist state which is not accountable to the people they govern is a threat to the world.

Israel is the most expansionist country in the Middle East, moreso even than Iraq under Saddam. You realize Israel still occuppies and is trying to "settle" land it captured in the 1967 war and has been ordered to return by the UN?

If Israel were a democracy, then the population in the Israeli occupied territories (which we refer to as Palestinian refugees) would be allowed to vote, right?

You and the liberal left like to live in this world of your own creation where everyone is tolerant and no one wants to kill Americans.

Yawn!



To: RetiredNow who wrote (217404)2/4/2005 12:44:33 PM
From: tejek  Respond to of 1575208
 
Another Soft Jobs Number

By Nat Worden
TheStreet.com Staff Reporter
2/4/2005 10:43 AM EST

Updated from 10:08 a.m. EST

The U.S. economy's ability to produce jobs continued to disappoint in January, with the Labor Department saying Friday nonfarm payrolls grew by 146,000 last month. The number sparked a bond rally as traders wagered that growth would be restrained in the third full year of economic recovery.

The rise in bond prices was briefly halted when Alan Greenspan was quoted from London saying that the U.S. trade deficit could narrow if the dollar remains weak. It has since resumed.

The Labor Department report was mixed, with the unemployment rate falling to 5.2% in January from 5.4% in December. Economists expected the economy to add 200,000 jobs and for unemployment to hold steady at 5.4%.

"We still can't seem to be able to create a significant number of jobs," said Steven Wood, chief economist with Insight Economics. "If we can't accelerate the number of jobs that we're creating, we're going to have difficulty generating income for workers, and that means that consumer spending is likely to slow and that economic growth this year is probably going to be slower than last year.

"At some point, that means the Fed is going to have to stop raising rates, but probably not before the middle of the year," Wood added.

But Richard Yamarone, chief economist with Argus Research, noted that the Labor Department's so-called household survey firmed in January, indicating strengthening employment in small businesses that don't show up the larger and better-known payroll sample.

"We've accepted the fact that growth is decelerating, and we expect the rest of the year to have 150,000 to 175,000 a month," said Richard Yamarone, chief economist with Argus Research. "We suspect also that activity will be very choppy, but that's why we talk about averages. It's not a surprise, and you've got to remember the economy is creating jobs, just not the payroll type.

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