Wednesday, September 9, 2009

6 unemployed people for every available position

Market Watch ran this story today:

WASHINGTON (MarketWatch) - The number of open jobs fell 50% over the past two years to a seasonally adjusted 2.4 million in July, the lowest in the brief history of the data, the Labor Department reported Wednesday.

The job opening rate fell to a record-low 1.8% in July.

Job openings track the demand for labor, the flip side of the unemployment rate, which measures the supply of labor. Read the full government report.

In July, there were 6.05 unemployed people for every job opening, according to the most recent data on labor turnover. In December 2007, when the recession began, there were 1.72 unemployed people for every job opening.

The number of workers hired in July was little changed at 4.06 million, while the number of workers separated from their jobs was little changed at 4.29 million. The hires rate rose to 3.1%, while the separations rate remained at a series-low 3.3%.

In the past 12 months, hires have fallen 13.9%, while separations are down 12.8%.

Layoffs were little changed in July at 2.3 million, while 1.7 million people quit their job. Layoffs have increased 15% in the past year, while quits are down 32%.

In the 12 months ending in July, hires totaled 51.3 million and separations totaled 56.6 million, with a net job loss of 5.3 million.

Basically this means there are less jobs available for every unemployed person.
Yes, it's bad.

Tuesday, September 8, 2009

Gold above $1000, oh my!

My goodness everyone is freaking out about Gold going above $1000 Dollars an Ounce.

They have good reason to in my opinion. The jist of it is: As gold goes higher the USD falls.

Go have some fun and read the articles related to Gold:
Market Watch
Peter Cooper - Seeking Alpha
GoldCore - Seeking Alpha
Terence Chan - Seeking Alpha
Yahoo! Finance Gold
Yahoo! Finance Oil and USD

and finally an extra tidbit to bring it all together!

The Next Financial Crisis

It's coming--and we just made it worse.

Monday, September 7, 2009

An International Run on the Banks (and other news)

News: Seems there are reports of some countries demanding their gold bullion back. As in all of their gold bullion. Being that most banks most likely dont have all their invested gold we're going to see some angry countries soon.

So we have an international run on the banks happening.

Background inventory strain has come from unexpected sources.
The Germans have demanded that gold bullion held in US custodial accounts be
returned to their owners, with physical gold shipped back to Germany.
The Dubai bankers have demanded that gold bullion held in London custodial
accounts be returned to their owners, with physical gold shipped back to the
United Arab Emirates. They are following the hired German counsel. In all
likelihood, neither US nor London sources are in possession of all the
gold held in those custodial accounts, since at least some of it probably was
improperly leased. By that is meant without owner permission or knowledge.
So an uproar could come soon with charges of gold bullion theft, or at
least failure of fiduciary responsibility. Theft is a simpler description.
I'll post the news articles as I find them.

Market Watch
HONG KONG (MarketWatch) -- Hong Kong is pulling all its physical gold holdings from depositories in London, transferring them to a high-security depository newly built at the city's airport, in a move that won praise from local traders Thursday.

MMORPG: Fallen Earth comes out on September 9th and I am very excited! There are reports of the server coming online as early as 12:01am Est. Which would mean I get to play it on the 8th! Central time zone yay.

I upgraded my computer with a new graphics card for the game a nVidia GTS 250 Performance Edition. I admit I went a little overboard but it is worth it. Also got new headphones and mouse as the dog ate the old ones.

The Future: This week will be interesting. Most likely have a loss in the Stock Markets.

Webbots are reporting possible Terrorist Event within the week. Might be a false flag.

Still researching the October 25th event. Have reports that National Guard officers are receiving orders to remove their families from major metropolitan areas by mid-October. Speculation as to why. I'm pondering the idea I might share will Bill for the Press Corps. Maybe a tip line or when we get our Press Corps email accounts, making them public so our ATS fans can give us tips they would like to see researched and written about. I know I enjoy having the ATS community involved in my work makes me 1000% more satisfied with what I am writing.

Saturday, September 5, 2009

Issues, not politics, is their cup of Tea

Found this floating around on ATS, it deserves a blog entry. As reference 9,000 people came to the Tea Party I attended in April!


WEST CHESTER TWP. — Some were clad in colonial-era costumes. Some hoisted signs or waved American flags. But the thousands who filled the lawn in front of the National Voice of America Museum of Broadcasting on Saturday afternoon, Sept. 5, were consistent in their passionate plea for change.

Whether it was health care reform, a country at war, education, government bailouts, the national debt or Congressional term limits, it was the issues — not politicians — that took center stage at the rally hosted by the Cincinnati Tea Party.

The crowd continued to grow throughout the afternoon, and an estimated 18,000 people had come together at the event’s peak, according to Butler County Sheriff Richard K. Jones.

Jones said the crowd Saturday nearly doubled that of the Tea Party’s event he witnessed in Columbus, which drew an estimated 10,000 people to the state’s capital in April.

Saturday’s rally drew people from all over the region, many to view the day’s highly anticipated town hall-style forum featuring U.S. Reps. Jean Schmidt and Michael Turner, Ohio gubernatorial candidate John Kasich and House Minority Leader John Boehner, R-West Chester Twp.

“It was college football’s opening day, and we were looking at some serious competition,” said Chris Littleton, director of the Tea Party’s Community Groups, which include West Chester and Liberty townships, Monroe and Fairfield. “These people came out to talk about their personal liberties being taken away instead. That’s crazy. It’s bizarre.

“People are engaged and (the movement) is going to continue to gather steam and momentum,” Littleton said. “People are engaged and saying, ‘I’m going to make my voice heard, I’m going to be politically active.’”

Following his town-hall segment, Boehner said he was amazed at the response from the crowd and the overall Tea Party movement.

“I’ve never seen anything like this,” Boehner said. “These people are saying enough is enough.

“They’re scared to death,” he added. “They’re scared that the country they grew up in is not going to be the country their children and grandchildren grow up in.”

Laura and Andy Rosenberger of Springfield were trying out their professionally made banner stating, “Obamacare no, tort reform, yes” at Saturday’s rally. Laura Rosenberger plans to take the sign to the Tea Party in Washington, D.C.

“It’s sagging in the middle, we’ll have to work on it,” she said.

Signs of the time

Other signs read “Wake up America,” “DC politicians kiss my grits,” “No tax slavery,” “Commander in thief,” “Socialism rich or poor you will hate it,” “It’s time to drain the swamps in DC,” “Stay out of my schools Obama,” “Out of control federal government back off” and “Don’t tell me what to teach on Sept. 8.”

Wendy Jenkins of Anderson, Ind., stood out among some holding a sign that read: “I am ashamed I voted for Obama.”

“I had to be honest about it,” she said.

Jenkins said she is a Libertarian who thought she was making the right decision when she voted for Obama. She no longer feels that way, citing the war and the Patriot Act as factors.

“If the government would follow the laws of the Constitution, we would be fine,” Jenkins said.

Cathy and Norm Breckel of Cincinnati held signs, one stating “Bitter voter, clinging to my wallet and doctor.”

“Our country that we know and love is being stolen from us,” Norm Breckel said. “We are not Republicans, we are anti-Democrat.”

The couple sited the “demonizing” of the U.S. troops overseas by Democrats as one reason they wanted their voices heard.

Tom Milinski, of Fairfield, was among the nearly 20 people who posed questions to Kasich, Schmidt, Turner and Boehner during the town-hall forum that capped off the afternoon event.

His question to Schmidt was whether she supported term limits. The long answer was somewhere between yes and no.

“I’m happy with her answer because it was thoughtful, but I didn’t necessarily agree with it 100 percent,” Milinski said, adding that politics “should be a service and not a career.”

Like others, Milinski said he was impressed with the turnout Saturday.

“The main thing I’m hearing here is that we have a constitution, and we need to start following it again,” he said. “It’s getting trampled.”

Other voices heard from

Less than a half-mile away at Cox and Tylersville roads, 20 demonstrators — also holding handmade signs — from another Butler County grass-roots group,, advocated for health care reform.

Liberty Twp. resident and Change Butler PAC President Jocelyn Bucaro said the group wanted to make sure Butler County got to hear two voices on Saturday.

“We wanted to present a positive case for health care reform,” she said.

Wednesday, September 2, 2009

Financial Collapse summary - confirmed & suspected events.

This thread impressed me so much I am putting it here on my blog. All credit goes to ATS username: Ex_MislTech

We saw a failure of the 5 year bond sale of T-bills.

Then the failure of the 7 year bond sale of T-bills.

Below says US foreign Embassys are being told to horde
1 years worth of non-US currency due to a possible
lengthy banking shutdown.

Speaking of shutdown, 7 banks in one day went poof...

Close to 600 Bank of America locations to be closed.

FDIC top level official says bank closures to increase 10 fold.

By just their public financials they are forced to disclose
348 banks are either technically already failed, or 1% away
from it indicated in the orange on this spreadsheet.

They recently called back formerly retired FDIC workers,
and hired 600 more to get ready for it all.

I can see why she would say that with near 2,700 banks being
rated D+ or lower.

Over 1,000 Trillion in derivatives are set to implode.

Once they monetize the debt and start printing money like mad
to buy our own debt up, they will devalue the currency and
turn the US into a modern day Zimbabwe.

They outline how this is likely to happen in these three videos.

The tax revenues have dropped more than anytime since the Great Depression.

The real U6 unemployment rate is closer to 21%.

34 million ppl on food stamps, more than ever before.

The World bank says we are entering a Deflationary Spiral.

The FIVE sucker's rallys after the 1929 crash.

100's of thousands of stores to be closed per retail maven.,-Retailers-in-a-

How all of this and more has been arranged on purpose.

While some of the above may be hard to believe, this is
not the first time that things that were hard to believe
ended up being true.

Tuesday, September 1, 2009

I has begun! Fall and Winter to bring Sadness to America (and other countries)

I have received reports that the stock market sell off has begun and will continue for a while. Now dont take my word for it because if you follow the subjects I do you know the market does some crazy stuff these days.

With the coming of September "It" has begun. Of course I mean the beginning of the downfall of America. This coming month with be ripe with tension and woe. So if you're not ready: Too bad!

Retail sales fell during back to school season, which is increasingly bad for the economy. Early estimates put it at -0.1%, numbers came out today at -0.7% (Icky business that.)

Don't trust the media!

Global control of our children has continued with Disney buying Marvel Entertainment for a horribly large amount of money. Expect Super Heros to become more lovely dovey (puke)