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


To: tejek who wrote (644454)2/3/2012 11:20:38 AM
From: longnshort  Read Replies (1) | Respond to of 1578303
 

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low


Submitted by Tyler Durden on 02/03/2012 08:51 -0500

BLS Bureau of Labor Statistics Unemployment Withholding taxes


A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not in the labor force exploded by an unprecedented record 1.2 million. No, that's not a typo: 1.2 million people dropped out of the labor force in one month! So as the labor force increased from 153.9 million to 154.4 million, the non institutional population increased by 242.3 million meaning, those not in the labor force surged from 86.7 million to 87.9 million. Which means that the civilian labor force tumbled to a fresh 30 year low of 63.7% as the BLS is seriously planning on eliminating nearly half of the available labor pool from the unemployment calculation. As for the quality of jobs, as withholding taxes roll over Year over year, it can only mean that the US is replacing high paying FIRE jobs with low paying construction and manufacturing. So much for the improvement.

Chart below shows it all - that jump is not a fat finger!



And Labor Force Participation:



This is the largest absolute jump in 'Persons Not In Labor Force' on record...and biggest percentage jump in 30 years.



Chart: Bloomberg



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To: tejek who wrote (644454)2/3/2012 11:23:42 AM
From: longnshort1 Recommendation  Respond to of 1578303
 
Implied Unemployment Rate Rises To 11.5%, Spread To Propaganda Number Surges To 30 Year High

Submitted by Tyler Durden on 02/03/2012 09:35 -0500

BLS Bureau of Labor Statistics Real Unemployment Rate Unemployment


Sick of the BLS propaganda? Then do the following calculation with us: using BLS data, the US civilian non-institutional population was 242,269 in January, an increase of 1.7 million month over month: apply the long-term average labor force participation rate of 65.8% to this number (because as chart 2 below shows, people are not retiring as the popular propaganda goes: in fact labor participation in those aged 55 and over has been soaring as more and more old people have to work overtime, forget retiring), and you get 159.4 million: that is what the real labor force should be. The BLS reported one? 154.4 million: a tiny 5 million difference. Then add these people who the BLS is purposefully ignoring yet who most certainly are in dire need of labor and/or a job to the 12.758 million reported unemployed by the BLS and you get 17.776 million in real unemployed workers. What does this mean? That using just the BLS denominator in calculating the unemployed rate of 154.4 million, the real unemployment rate actually rose in January to 11.5%. Compare that with the BLS reported decline from 8.5% to 8.3%. It also means that the spread between the reported and implied unemployment rate just soared to a fresh 30 year high of 3.2%. And that is how with a calculator and just one minute of math, one strips away countless hours of BLS propaganda.

Difference between Reported and Implied Unemployment Rate



And why the Labor Force Participation rate is not declining due to retirement.





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To: tejek who wrote (644454)2/3/2012 11:29:19 AM
From: PROLIFE2 Recommendations  Respond to of 1578303
 
HAHAHAHAHAHAHAHA....hey I heard that....HAHAHAHAHAHAAHAHA..........holder says he
knows
....HAHAHAHAHAHAHAHAHA/.....nothing about Fast and Furious....
.
HHAAHHAHHAHAHAAHAHAAHAHAHAHAHAHAHHAHAHA ........

yeah and we believe you too, eric.......HAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA



To: tejek who wrote (644454)2/3/2012 11:36:42 AM
From: PROLIFE  Read Replies (1) | Respond to of 1578303
 
Covering Up Fast & Furiously

The Fast and Furious investigation in Congress is becoming even more fast and furious with Congressional Chairman Issa threatening a contempt citation against Attorney General Eric Holder. Last week's Friday document dump by the DoJ once again added to the widely held belief that that the AG and his minions are hiding something from Congress and the American people, but what? Each of these Friday dumps has so far provided mounting evidence that the highest echelons of federal government were clued in to this ill-fated, probably criminal endeavor from the get-go. But while we are learning more and more with each disclosure as to the how's and when's of this fiasco, we are still completely in the dark as to the why?

Certainly, BATF and Justice have offered the rationale that this enterprise was designed to entrap the Mexican drug cartels by tracking weapons purchased in the U.S. to their criminal end users in Mexico. That would all sound quite plausible except for a key failing in the plan: there was no process in place for tracking the weapons once they crossed the border into Mexico. That process would have involved the notification and cooperation of the Mexican government because American BATF and DEA agents must be certified by that government to actively conduct operations within Mexico's borders. We now know for a certain fact that the Mexican government was not notified of this operation until it was blown. Furthermore, even the federal agents who were authorized to operate in Mexico were kept uninformed of this subterfuge until angry, rebellious BATF agents blew the whistle on their superiors.

That everyone south of the border was kept in the dark pretty much puts the lie to DoJ's latest red herring, that Deputy AG, Lanny Breuer, suggested to Mexican officials that straw buyers in the U.S. be allowed to cross into Mexico where they could be prosecuted under much tougher Mexican gun laws. The problem with that excuse is the timeline. Breuer's suggestion was made in February 2011, well after F&F had been in full operation for many months, without that supposed strategy being proposed to the Mexican government.

Now if you set a plan into motion that has no provision for achieving the stated goal of that plan, you most probably are in reality looking to achieve another goal, one that you prefer to remain hidden from oversight and exposure. Thus, if the firearms could not possibly be tracked, but our Justice Department had set up a secret arms conduit and allowed these weapons to continue to flow into Mexico, what could possibly have been the hidden agenda? Remember that this is the legal arm of the most politically leftist administration in the history of this country. Leftists are fervent supporters of gun control laws and do not believe the 2d Amendment gives American citizens the right to freely keep and bear arms. Remember as well that the chief executive, his chief of staff, his attorney general and even his secretary of state all have roots in Chicago, a city area with the most restrictive gun ownership laws in America, laws enacted by their Democrat cronies.

Keeping all that in mind, recall that shortly after this administration took office, we began to read and hear with increasing frequency from these same folks that American guns were responsible for 90% of the illegal firearms being captured from the drug cartels. While this claim was patently bogus for any number of reasons, it was trumpeted by the liberal media amid resurgent calls for stricter gun controls on this side of the border. After analysis and debunking by the NRA and others, the hysterical anti-gun enthusiasts quieted their claims and the issue faded into the background. That is, until Operation Fast and Furious was blown wide open by those brave BATF agents.

Consider then that the same administration that was publicly blaming lax American gun laws for providing arms to the murderous cartels was the same administration conducting a secret operation to funnel even more guns into Mexico. The question remains: Why? It is interesting to note that no less than the former Director of the CIA, General Michael V. Hayden, had this to say in a CNN article about Holder and this scandal:

"Now Holder, without such safeguards in place, must defend himself against some very tough accusations, including one by some skeptics that the operation was intended principally to discredit, and thereby justify further regulation of, firearms dealers."

Reading that, from one of the top intelligence minds in the world, has to make one wonder. Why, while diverting the claim away from himself by attributing the belief to some skeptics, did the former director of the CIA drop that bit of speculation into the mix? Do you seriously believe that a man of his stature and inside connections would raise the question purely gratuitously?

Details of Operation Fast & Furious, with the revelations of all the deaths caused by this incredibly stupid federal program are infuriating enough; but they are nothing compared to the fury that will engulf tens of millions of citizens when they finally learn the truth: that the Obama Administration secretively and criminally used the Justice Department to further a liberal Democrat agenda to curtail the constitutional right to keep and bear arms. Trust me, they know and fear that reaction should the truth ever see light. Not only could that revelation prevent any chance of re-election, it could also result in multiple impeachments and criminal indictments, because hundreds of Mexicans and some American agents died as the result of a foolishly conceived and stupidly implemented liberal political scheme to undermine the constitution.

It helps to remember that on March 30th, 2011, our chief executive, President of the United States and head of the Democratic Party said this to a gathering of anti-gun activists during a 30th anniversary of the Reagan assassination attempt, when questioned about his activities regarding imposition of stricter gun control laws:

"I just want you to know that we are working on it," Brady recalled the president telling them. "We have to go through a few processes, but under the radar." (emphasis added)



Under the radar, indeed, and across the Mexican border as well; and therein lies the rationale for the furious Fast & Furious cover-up now underway.

By RUSS VAUGHN


Read more: http://www.americanthinker.com/2012/02/covering_up_fast_furiously.html#ixzz1lKyDMxvo



To: tejek who wrote (644454)2/3/2012 11:52:56 PM
From: TimF2 Recommendations  Read Replies (1) | Respond to of 1578303
 
If the public sector was growing, it would negatively impact the private sector.