Sometimes, One Graph Says It All – Open Thread

It’s all Bush‘s fault!  (Never mind that the Democrats have controlled Congress for the last 3 1/2 years.)

A picture is worth a thousand words. 

How Good Was the Jobs Report: 

http://pragcap.com/how-good-was-the-jobs-report

Double-dip in Housing:

http://www.businessinsider.com/house-prices-are-falling-again-2010-5

HOLY CRAP…We Should have known……Obama`s recession is HISTORIC.

Sometimes, one song says it all:

how does looking for a job equate to job growth??? I’d really like to see Obama’s college grades because only a numnut would come to this conclusion.  Those stats bear growth in retail and restaurants.  Both are typically part-time, low paying jobs usually w no benefits. 

ahhhh how fondly I remember the late 90′s (sigh)

how does looking for a job equate to job growth?  
 
Well wodiej–you have to look on the bright side here: Before, a great many of our fellow citizens were mired in hopelessness and despair.  Not only were they unemployed, but they had become so disheartened that they had given up looking!  They were all curled up in the foetal position in some corner, sucking their thumbs, shrievelling up and waiting to die.  
 
But Now! Ta Dah!  The spirit of hopiness has flown in the window like the bluebird of happiness, or the dove of epiphany, and has begun to stir the sluggish sap in their pitiful veins: they rise, they exit, they look for work!  
 
Oh sure, since they’re now looking, that tends to kick up the unemployment stat from 9.7 to 9.9, but only the scroogiest among us could see that as a negative!  
 
Is there a hopiness ETF to trade on the NYSE?  If so, I’m going “long” all the way! And whom do we have to thank for that?  I’ll give you a hint: His initials are BHO!

No wonder I`m not a happy camper.

Bernanke: Money can’t buy happiness

http://thehill.com/homenews/administration/96789-bernanke-money-cant-buy-happiness

Confirmed: Barney Frank Played Major Role in Financial Collapse & Is Still Pushing His Dangerous Agenda on America

http://gatewaypundit.firstthings.com/2010/05/confirmed-barney-frank-played-major-role-in-financial-collapse-is-still-pushing-his-dangerous-agenda-on-america/

That turn up at the end of the blue line is a good sign.  Hopefully things continue on that trajectory.  A lot of people are suffering.

Jackie, That turn up likely represents the 100,000 plus census workers recently hired who will be out of a job shortly, unfortunately.

That is sooooo wise and inspiring.  I’ve noticed that Bill Gates, Warren Buffett, Donald Trump, and Lloyd Blankfein have also reached this pinnacle of spirituality.  Say the stock market takes another 1000 point nose-dive and stays there.  The wise bull will simply shrug his shoulders and encapsulate the thought “money can’t buy happiness” into a focus of energy, summarized by the mantra “Oh Well!”  He will give birth to that mantra at the base of his spine, and it will travel up his chakras to emerge as a glorious lotus bloom of contentment out the top of his head: OH WELL!!!

It’s no coincidence that the more control the Democrats have in our government, the deeper the shit gets.

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Truer unemployment rate rises to 17.1%  
   
Washington Post,  
by Frank Ahrens     
Original Article  
 
5/8/2010  
 
Each month, as regular readers of this blog know, I unpack the data released by the Labor Department’s Bureau of Labor Statistics (BLS) to get beyond the headline unemployment rate number and find out what the numbers are really telling us. (Snip) If you also include all of the people who are still discouraged and all of those who want to work full time but can find only part-time work, that unemployment rate in April was 17.1 percent, a rate that has increased since the beginning of the year and is approaching its all-time high of 17.4 percent

Hey, can I get paid for this comment?  Where do I go to pick up my money?

http://www.startribune.com/local/93155559.html?elr=KArks:DCiUHc3E7_V_nDaycUiacyKUzyaP37D_MDua_eyD5PcOiUr

Oooops–wrong song . . .

The link I posted is to a congressional report to be released on Monday about the effects of the recession on women.

WOMEN WITH INTELLIGENCE AND EXPERIENCE,MEN WHO SUPPORT THEM AND COUNTRY BEFORE PARTY ALWAYS

PUMAS,BUBBAS,EQUALISTS AND THOSE PEOPLE RULE

Do you have ID?

oowawa– nobody can flush “sham-a-lama-ding-dong” and a knuckleball story out of your system like Tom Waits.  Now, I’m a lawyer again.  Thanks. 

And I expect many of those now looking aren’t just those who are feeling more optimistic so are again searching for jobs after taking time off. I bet many are young people graduating college this month and next. 

oowawa: you were right with both videos.  Reality is never on thing.  In the first video clip you have shown us the reaction of the Cecil B De Mille cast of thousands. the merged media Hollywood culture of celebrity who see nothing ahead for themselves, because they were nearer to God than thee and to hell with the great unwashed masses.  The directly below you see another video depicting how the other half (85% to be exact) lives or will live in the future thanks to the Wall Street policies imposed on the country by the geatest Wall Street shill and bamboozler, caption to read A Picture From The Wrong Side of Life, set to music with the permission of the estate of Hank Williams Sr. 

1.  Exhibit 1: depicts the Cecil

Will my SEIU card do?

I posted a question below – works for this thread too:

If all of the markets crash & burn at the same time – what happens then?  Does the world come to an end?  Is there someone who hits a reset button & the shit starts all over again?  Do we start the trade & barter thing again – like in the really really really old days?

BTW – first old incumbent lost his seat – Bennet Repub from Utah – oh oh – be afraid you washington weasels – the sleeping dragon is now awakened………………………

BTW – is anyone surprised that the stock market crap on Thursday traces back to Chicago?????????????????

President Obama took office during the worst economy since the Great Depression. So, what are your thoughts?

Keyneisan economics don’t work? 

This doesn’t look good at all….I pray for us all.

I saw a bumper sticker today:

January 20, 2009
   The Beginning Of An Error….

That is no lie.

“Say What You Will…It Feels So Good”

Since Obots get off on their global warming “hockey stick” graft to support their nonsense, why aren’t they reacting to this unemployment hockey stick graft because it is hot and sticking it to them far more than they ever have to worry about global warming.

Three thoughts:

1) the graph clearly demostrates how deep the recession is compared to other recessions that Obama was handed on day one.

and

2) the jobs performance or unemployment has clearly been turning around or at least stabilizing over the last year, as Obama’s policies have worked through the system.

and

3) the question is how quickly will the line shoot back up again. based on it current trajectory, it looks like it could shoot up fairly rapidly over the next 6 to 12 months. Actually, concensus economic forecasts say the unemployment rate could be as low as 5-6% by 2012, just in time for Obama re-election.

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White House knows illegal immigration fuels unemployment

By William R. Hawkins
AmericanThinker.com
May 8, 2010

In the expectation that the unemployment rate won’t change much from the 9.7 percent March figure when new April numbers are released Friday, David Wessel wrote a pessimistic column that appeared in The Wall Street Journal on May 5. In it he argued, It’s hard to exaggerate how bad the job market is. Here’s one arresting fact: One of every five men 25 to 54 isn’t working. Even more alarming, the jobs that many of these men, or those like them, once had in construction, factories and offices aren’t coming back. ‘A good guess…is that when the economy recovers five years… (Read Full Article)

Faced with reality, he froze and have no idea what to do. So he did the next best thing, pretending he’s doing something. Hence where we are today.