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Topic: The Whole World Will Be Watching Today´s Jobs Report — Here´s What You Need To Know |
The Whole World Will Be Watching Today´s Jobs Report — Here´s What You Need To Know
Business Insider, by Matthew Boesler
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Original Article
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Posted By:Pluperfect, 1/4/2013 5:58:28 AM
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| Due out this morning at 8:30 AM ET is the December nonfarm payrolls report from the BLS, and the release of the FOMC minutes Thursday afternoon from the Federal Reserve´s latest policy meeting just made it a lot more interesting. The Fed recently announced that it would tie its interest rate policy guidance to a 6.5 percent unemployment rate threshold – meaning unemployment data has taken on special significance for markets. Thursday´s FOMC minutes release revealed, however, that the Fed is already discussing scaling back or ending quantitative easing as soon as later this year,
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Reply 1 - Posted by:
Sfacheem, 1/4/2013 6:19:16 AM (No. 9097726)
Awesome. Well here´s my non-farm payroll job addition report: I still don´t have one.
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Reply 2 - Posted by:
planetgeo, 1/4/2013 6:43:22 AM (No. 9097755)
Seriously, who the heck really believes any of the BS data that the BLS puts out for this regime?
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Reply 3 - Posted by:
Bad Dog, 1/4/2013 6:54:37 AM (No. 9097760)
Ditto, #1. Post of the Day.
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Reply 4 - Posted by:
JAN, 1/4/2013 6:59:29 AM (No. 9097769)
Breathlesly waiting for the next chapter in the book of fictional statistics from the liars in our government.
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Reply 5 - Posted by:
NorthernDog, 1/4/2013 7:00:54 AM (No. 9097773)
They are still quibbling over a change in jobs in the tens of thousands, while 20 million+ are either unemployed or underemployed. And how many are working 2-3 PT jobs and are thus ignored by our policymakers?
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Reply 6 - Posted by:
miceal, 1/4/2013 7:01:15 AM (No. 9097775)
Lies, lies, and yet more lies reported by the enemy media.
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Reply 7 - Posted by:
Spidey, 1/4/2013 7:18:03 AM (No. 9097794)
How can you justify another year extension of unemployment if the national rate is 7.7% unemployment.I thought if states got under 8% they were booted of more extensions.If anything the extension should have been 6 mos,with a stern warning there wouldn´t be any more. Castro fired 1000´s of government bureaucrats and guess what private sector hirings are skyrocketing.
There´s a huge blanket excuse for lazy people these days and that is there ain´t no jobs.It´s become so ingrained that people routinely believe it now.
How can you blame high unemployment on tax cuts for the rich unless you believe that money should be used for thin air government job creation. All these kinds of jobs have a negative return and don´t contribute to growth.
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Reply 8 - Posted by:
bpl40, 1/4/2013 7:19:02 AM (No. 9097796)
Wouldn´t be surprised if there is a re-statement of the months leading up to the election. Zippy now has no use for the phony reports, he may allow the truth to seep through. Let us see.
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Reply 9 - Posted by:
Nimby, 1/4/2013 7:53:48 AM (No. 9097854)
It´s after all numbers that can be manipulated
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Reply 10 - Posted by:
Judith, 1/4/2013 8:36:58 AM (No. 9097936)
Revised report to follow shortly....when no one is looking.
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Reply 11 - Posted by:
Mr. Know-It-All, 1/4/2013 11:17:37 AM (No. 9098346)
BLS administrators, obviously vying for top slots in the soon to be created new cabinet level bureaucracy, The Ministry of Truth.
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Reply 12 - Posted by:
NYbob, 1/4/2013 11:57:39 AM (No. 9098421)
Oh, I´m sure the Fed will end qualitative easing and Operation Twist. All such programs will be replaced by a new initiative, ´Project Go For Broke,´ will install a rheostat switch on the President´s desk. When a new ´stimulus´ idea is presented to the President and he needs funding, he can just twist the dial to unleash a trillion or so at a time. The common sense ´laws´ controlling any abuse of this innovation are that he can only do it when he is actually IN the Oval office and the dial only goes up to eleven.
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Below, you will find ...
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The Smoking Gun Can Tell the AP What a Federal Leak Investigation Is Like
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Posted By: Pluperfect- 5/18/2013 5:22:57 AM
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When, in 2006, the website The Smoking Gun released a secret CIA memo documenting prisoner organizing strategies at Guantanamo Bay, the FBI took notice. Now the site has posted details of the ensuing 44-month-long investigation, offering a timely glimpse into the black box of a Department of Justice leak prosecution. And The Smoking Gun got lucky. Over the course of the FBI´s hunt, code-named "Stubborn Ways," 43 different people were interviewed, in locations stretching from New Mexico to Boston to Saudi Arabia. After the investigation narrowed to one person who was then exonerated — a woman from Virginia
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There Was No Surge in IRS Tax-Exempt Applications in 2010
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Posted By: Pluperfect- 5/18/2013 5:03:01 AM
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A number of people have sought to explain the IRS targeting of Tea Party, patriot, and 9/12 group applications -- as well as those from other conservative groups -- for "specialist team" treatment (mainly delays and excessive and inappropriate questions) in 2010 by pointing to the Citizens United decision that year allowing for unlimited, undisclosed fundraising by such groups. That´s the explanation IRS official Lois Lerner gave a week ago when she first revealed that the agency had improperly handled a slew of applications -- the political shorthand was a mistaken attempt to deal with a surge in applications.
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Posted By: Pluperfect- 5/17/2013 6:13:58 AM
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Much has been said about the trouble with public-sector pensions. Many state and local plans are underfunded and, unless policy and accounting changes are undertaken, some major plans will run out of assets to pay benefits over the coming years. That means these plans will have to operate on a pay-as-you-go-basis, forcing budgetary tradeoffs and tax hikes. Public-sector pensions often come with legal guarantees. For instance, Illinois and New York offer a constitutional guarantee of promised benefits. Many other states offer statutory protections. That’s why economists make the case that pension benefits
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Posted By: Pluperfect- 5/17/2013 4:56:10 AM
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Rarely has the White House briefing room so resembled the main ballroom at a meeting of Conservative Political Action Conference. When he woke up on Tuesday morning, White House press secretary Jay Carney probably thought that he would have to deal with querulous reporters pressing him on all fronts. Little did he know he’d really have to confront citizens bristling with anger over perceived encroachments on their rights by an overweening government. At times, Carney must have wondered whether he had wandered into a congressional town hall circa 2009 with himself in the role
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When it rains, it pours: Ten press conference take aways
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Posted By: Pluperfect- 5/17/2013 4:52:42 AM
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President Obama’s press conference in the rain was not a success, if by success, his supporters would mean an event which convinces anyone who doesn’t work for him that he’s getting ahead of the scandal deluge. The sight of a Marine holding an umbrella over his head only added to the weirdness of the event. So what did we learn? 1. He has full confidence in Attorney General Eric Holder, the man who purportedly recused himself (whenever) without putting it in writing (whatever). When asked about the untrammeled snooping on Associated Press reporters and editors,
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Original Article
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Posted By: Pluperfect- 5/17/2013 4:42:52 AM
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WASHINGTON -- Lawmakers are ready to question the ousted head of the Internal Revenue Service as Congress holds its first hearing on the tougher scrutiny the IRS gave tea party and other conservative groups that applied for tax-exempt status. With the scandal joining the parade of political headaches buffeting President Barack Obama, the Republican-run House Ways and Means Committee planned to question the agency´s ousted chief, Steven Miller, on Friday. Miller, acting director until he resigned Wednesday, seems sure to get a hostile reception from the committee. Members of both parties have spent the past week bitterly chastising
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IRS Ducks GOP Softballs
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Washington Free Beacon, by Alana Goodman
Original Article
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Posted By: Pluperfect- 5/16/2013 2:10:33 PM
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The IRS softball team canceled its previously scheduled game against Senate Minority Whip John Cornyn’s (R., Texas) office on Friday, as tensions between the IRS and conservatives mount in the face of widening scandal. “Team Cornyn softball team was scheduled to play the IRS team on Friday, ‘the Cheetahs,’” Cornyn wrote on his Facebook page. “Game has been cancelled by IRS, without rescheduling.” A spokesperson for Cornyn confirmed the last-minute cancellation but was unsure of the reason. “We contacted them to confirm our game which was scheduled for tomorrow night, and they said they needed to reschedule,”
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Officials on Benghazi: "We made mistakes, but without malice"
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CBS News, by Sharyl Attkisson
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Posted By: Drive- 5/17/2013 3:02:24 PM
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Obama administration officials who were in key positions on Sept. 11, 2012, acknowledge that a range of mistakes were made the night of the attacks on the U.S. missions in Benghazi, and in messaging to Congress and the public in the aftermath. The officials spoke to CBS News in a series of interviews and communications under the condition of anonymity so that they could be more frank in their assessments. They do not all agree on the list of mistakes and it's important to note that they universally claim that any errors or missteps did not cost lives and reflect "incompetence rather than malice or cover up.
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Raindrops wash away reeling O’s fake veneer
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New York Post, by Michael Goodwin
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Posted By: StormCnter- 5/17/2013 5:28:00 AM
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Watching President Obama trying to dodge raindrops and responsibility yesterday reminded me of the moment when Dorothy pulls back the curtain and discovers that the Wizard of Oz is “just a man.” Stripped of his spell of mystery and power, the wizard is worse than mortal. He’s a fake. So it was with Obama in the Rose Garden. His performance was tired and trite, ordinary to the point of dull. His veneer of passion was so transparent that you could see him trying to summon his old-time magic by pushing the buttons
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Obama a new Nixon? Oh, get serious.
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Washington Post, by Editorial
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Posted By: Dreadnought- 5/16/2013 10:54:51 PM
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STANDING BEFORE reporters Thursday, President Obama declined an invitation to compare the recent scandals weighing down his administration with those that forced President Nixon to resign in 1974. So allow us to do the work for him: There is no comparison. Nixon, in a series of crimes that collectively came to be known as Watergate, directed from the White House and Justice Department a concerted campaign against those he perceived as political enemies, in the process subverting the FBI, the IRS, other government agencies and the electoral process to his nefarious purposes. Mr. Obama has done nothing of the kind.
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Posted By: StormCnter- 5/17/2013 5:43:54 AM
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The State Department, under Secretary Hillary Rodham Clinton, created an arrangement for her longtime aide and confidante Huma Abedin to work for private clients as a consultant while serving as a top adviser in the department. Ms. Abedin did not disclose the arrangement — or how much income she earned — on her financial report. It requires officials to make public any significant sources of income. An adviser to Mrs. Clinton, Philippe Reines, said that Ms. Abedin was not obligated to do so. The disclosure of the agreement that Ms. Abedin made with the State Department comes as her husband,
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Watergate 2.0 -- why the IRS scandal is far worse
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Fox News, by Matt Kibbe
Original Article
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Posted By: StormCnter- 5/18/2013 5:59:17 AM
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In the wake of one of the worst abuses of government power in recent history, many are rushing to frame the Internal Revenue Service scandal as simply an attack on conservative activists. That view risks creating a partisan political football and misses a fundamentally scarier abuse that exceeds the scandals of Watergate or any other prior government abuse. The IRS has admitted that since May 2010 it targeted grassroots-conservative organizations that had applied for tax-exempt status, unfairly subjecting them to rigorous scrutiny due to their political leanings. Such groups were told they were required to comply with IRS requests,
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When it rains, it pours: Ten press conference take aways
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Washington Post, by Jennifer Rubin
Original Article
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Posted By: Pluperfect- 5/17/2013 4:52:42 AM
Post Reply
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President Obama’s press conference in the rain was not a success, if by success, his supporters would mean an event which convinces anyone who doesn’t work for him that he’s getting ahead of the scandal deluge. The sight of a Marine holding an umbrella over his head only added to the weirdness of the event. So what did we learn? 1. He has full confidence in Attorney General Eric Holder, the man who purportedly recused himself (whenever) without putting it in writing (whatever). When asked about the untrammeled snooping on Associated Press reporters and editors,
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Rep. Issa subpoenas Benghazi auditor Thomas Pickering
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The Hill [Washington DC], by Julian Pecquet
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Posted By: JoniTx- 5/17/2013 3:53:45 PM
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The lawmaker leading the charge to investigate the Benghazi terror attack on Friday subpoenaed the co-author of a report that slammed the State Department but didn´t interview Hillary Clinton. House Oversight Committee Chairman Darrell Issa (R-Calif.) formally demanded that retired ambassador Thomas Pickering submit to being deposed by the committee next Thursday. The subpoena comes in the wake of a series of acrimonious public exchanges this week between the two men. Issa didn´t issue a subpoena to former chairman of the Joint Chiefs of Staff Michael Mullen, who co-authored the Benghazi report with Pickering.
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