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


To: Don Hurst who wrote (563092)4/27/2010 9:49:20 AM
From: jlallen1 Recommendation  Respond to of 1572376
 
U.S. Stocks Set to Fall on Deepening Unemployment

By Hideki Sagiike and Masaki Kondo

April 27 (Bloomberg) -- The Standard & Poor’s 500 Index is poised to fall as chronic unemployment rises to a record among jobless Americans, according to Mitsubishi UFJ Securities Co. the brokerage unit of Japan’s biggest bank by market value.

The CHART OF THE DAY shows the S&P 500 and ratio of Americans jobless for more than 27 weeks relative to the total number of unemployed. The equities gauge has jumped 80 percent from a more than 12-year low on March 9, 2009, even as long-term joblessness surged to 44.1 percent in March, almost double the level a year earlier and highest since records began in 1948. The lower panel tracks overall unemployment, which has declined 0.4 percentage point since reaching a 26-year peak in October.

“The government’s stimulus measures have driven up stock prices” and helped disguise the unemployment problem, said Seiki Orimi, a senior investment strategist at Tokyo-based Mitsubishi UFJ. “Stocks will fall, at some point. For now, people in the market are tricking themselves” into believing in a U.S. jobs recovery.

Consumer spending accounted for about 70 percent of the world’s largest economy in the fourth quarter, when gross domestic product expanded at a 5.6 percent annual rate, the fastest pace in more than six years. Output in the three months to March probably expanded 3 percent, based on the median forecast of 60 economists surveyed by Bloomberg. The S&P 500 may fall as much as 5 percent in an “overdue” decline, according to a technical analysis this month by Thomas Schroeder, managing director at Chart Partners Group Ltd.

Jobless Benefits

The U.S. posted a budget deficit for a record 18th straight month in March, reflecting gains in government spending to boost the economy. President Barack Obama signed a bill on April 15 extending jobless benefits for hundreds of thousands of Americans to June 2, and urged Congress to pass another measure offering them for the rest of the year.

“Historically, people unemployed for more than six months experience a significant deterioration of vocational skills and face severe difficulties in finding their next job,” Richard Koo, chief economist at Tokyo-based Nomura Research Institute Ltd., wrote in a report on April 20.



To: Don Hurst who wrote (563092)4/27/2010 9:49:21 AM
From: jlallen  Respond to of 1572376
 
duplicate



To: Don Hurst who wrote (563092)4/27/2010 10:14:04 AM
From: longnshort  Respond to of 1572376
 
obama's (small o) notion of "Transparancy":

Original birth certificate ——————————————Unavailable
Soetoro/Dunham marriage license ———————— Unavailable
Soetoro adoption records-————————————— Unavailable
Dept.of Education Hawaii Kindergarten Records—Unavailable
Punahou School records-——————————————Unavailable
Occidental College records- ——————————————Unavailable
Obama the poet (Occidental College):
"Pop takes another shot, neat, Points out the same amber Stain on his shorts that I’ve got on mine, and Makes me smell his smell, coming From me..."
loc.gov
Dr. John C. Drew claimed to know Obama at Occidental Collage (only person so far):
“He was arguing a straightforward Marxist-Leninist class-struggle point of view, which anticipated that there would be a revolution of the working class, led by revolutionaries, who would overthrow the capitalist system and institute a new socialist government that would redistribute the wealth,” says Drew, who says he himself was then a Marxist.
newsmax.com
Was Obama a Committed Marxist in College?
breitbart.tv
Columbia College ——————————————————Unavailable
Columbia thesis ———————————————————Unavailable
(Topic: Nuclear Disarmament, written during Cold War ’83)
Harvard College records -——————————————Unavailable
Harvard Law Review articles ———————————— Unavailable
(Evidence that one may have been written, yet it is unsigned)
Baptism certificate ——————————————————Unavailable
Medical records -———————————————————Unavailable
Illinois State Senate records -————————————None
Illinois State Senate schedule ————————————Lost
Law practice client list ———————————————— Not released
University of Chicago scholarly articles –—————— None on file
Indonesian Besuki School Application—————————Located
(Enrolled with name Barry Soetoro-faith “Islam”)
Selective Service Registration- -— Released, but suspected as fraudulent

Words, ....just Words = Documents,...just papers

h/t proud infidel