Comments for "Monster Employment Index Declines in March"
Anonymous says:
Furst
Anonymous Thu Apr 2 08:01:22 2009 CDT #
CRbot says:
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CRbot Thu Apr 2 08:01:50 2009 CDT #
Comrade Byzantine_Ruins says:
I'll take the under.
CR is learning from the Japanese experience. =)
Comrade Byzantine_Ruins Thu Apr 2 08:02:11 2009 CDT #
CRbot says:
The Latest from Denninger:
FLASH: AIG CALLED CRIMINAL SCAM!
CRbot Thu Apr 2 08:04:16 2009 CDT #
ac says:
Ouch.
I hope none of these people losing their jobs have loans.
ac Thu Apr 2 08:04:57 2009 CDT #
Morocco Bama says:
GMAC has a plan to set up satellite offices at all state unemployment offices order to more effectively solicit subprime borrowers. It's one stop shopping. Enroll for unemployment and get a GM. Don't worry about the payments. The taxes of all those Honda owners will cover you. Oh, you want a mortgage, too, you say. No problem....special orders don't upset us, all we ask is that you lettuce.......
Not only will we cover your mortgage, but if you buy a home now, we'll give you $8,000 cash back in the form of a tax credit, all thanks to the generosity of renters and responsible homeowners.
There's never been a better time to be subprime. There's never been a better time to be unemployed. Like spaghetti, money grows on trees.....for certain people. Get subprime today, and get in the game.
Morocco Bama Thu Apr 2 08:05:24 2009 CDT #
That\'s Ballgame, Goat Herders says:
But car sales are up! Everything is fine. Nothing to see here.
That\'s Ballgame, Goat Herders Thu Apr 2 08:06:30 2009 CDT #
Lobbyi$t Ben Dover says:
Just like retail dumping inventory at reduced prices, jobs will be lost and labor will have discounted wages and benefits.
Lobbyi$t Ben Dover Thu Apr 2 08:07:22 2009 CDT #
mark says:
From Bloomberg, no details just a heading:
FASB Eases Fair-Value Rules Amid Pressure From Lawmakers, Financial Firms
mark Thu Apr 2 08:14:47 2009 CDT #
Lobbyi$t Ben Dover says:
WE won't even get rid of illegals for free.
http://news.bbc.co.uk/2/hi/business/7978233.stm
Lobbyi$t Ben Dover Thu Apr 2 08:16:03 2009 CDT #
Interesting Times says:
FASB Sprinkles pixie dust over toxic waste. DO YOU BELIEVE?
Interesting Times Thu Apr 2 08:16:48 2009 CDT #
scav says:
Ah, the good news keeps coming. I mean, what could be more self-evident? The market is inhabited by god-like beings that assume, nay, dictate! that moore's law applies to people. Productivity is UP!!! yahoo.
scav Thu Apr 2 08:17:32 2009 CDT #
Br\'er Dawg says:
I hope none of these people losing their jobs have loans.
It's all priced in. Mr. Market doesn't lie. Does it?
Interesting effect of these early jobs loses; decreasing crime. So much for the theory that jobs were a pull on immigration. Looks like the other way around.
Br\'er Dawg Thu Apr 2 08:17:52 2009 CDT #
jackk says:
cr,
what do you mean by "under". Since the expected number is negative (-650), "under" could be taken to mean "less than" as well as "less than in absolute terms".
jackk Thu Apr 2 08:19:49 2009 CDT #
shill says:
Just encase no one noticed, the dollar is cliff diving this morning.
shill Thu Apr 2 08:20:30 2009 CDT #
scav says:
Br'er - cops are just overworked going after the white-collar ones for once in a long while. You know, the non-crime crimes.
scav Thu Apr 2 08:20:35 2009 CDT #
Cinco-X says:
OT- I'm predicting that this "Bear Market Rally" we're currently experiencing will take the DJIA up to ~ 9500 before falling off and establishing new lows. I expect that the rallywill be done by mid-May if not before. More likely by the third week of April.
Cinco-X Thu Apr 2 08:20:41 2009 CDT #
burh says:
It seems this rally is about new FASB rules. No more stupid mark to market? Think I heard this song before:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKtn_Z8LUqZk
Good luck Washington!
burh Thu Apr 2 08:21:19 2009 CDT #
Anonymous says:
FASB says new guidance will be effective for 2009 second quarter, with early application permitted for the first quarter.
http://www.iii.co.uk/news/?type=afxnews&articleid=7252949&action=article
The Enron Empire, a thieves dream come true thanks to the little whores in DC.
Anonymous Thu Apr 2 08:21:25 2009 CDT #
CRbot says:
The Latest from Ritholz:
Peek-A-Boo
CRbot Thu Apr 2 08:24:04 2009 CDT #
Counterpointer says:
In related news, unemployed monsters today began their march towards DC, with flyover sellers of pitchforks and torches reporting brisk sales.
"We don wann have them wait to Rockville fore they git em torches", local resident Quint Jones of KY said.
Minor protests have broken out along the route objecting to the contribution a million flaming torches will make to global warming.
C
Counterpointer Thu Apr 2 08:24:11 2009 CDT #
Cinco-X says:
Why do you make fun of these, the least of my brethren? And BTW, if there's no petroleum based product in the torch, it doesn't contribute to global warming.
Parent Post
Cinco-X Thu Apr 2 08:26:10 2009 CDT #
Interesting Times says:
They can mark their crap to a billion jelly beans for all I care. The cashflow is coming to an end. How are you going to fake that ?
Interesting Times Thu Apr 2 08:24:40 2009 CDT #
CRbot says:
The Latest from Ritholz:
AIG: Before CDS, There Was Reinsurance
CRbot Thu Apr 2 08:25:33 2009 CDT #
Black Star Ranch says:
People entering the job market for the next 2-5 years are going to be quite disappointed.
Not to mention student loans that go for education to nowhere.
Black Star Ranch Thu Apr 2 08:27:32 2009 CDT #
CRbot says:
New Thread: FASB Eases Mark-to-Market Rules
http://www.calculatedriskblog.com/2009/04/fasb-eases-mark-to-market-rules.html ( 2 comments )
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CRbot Thu Apr 2 08:29:25 2009 CDT #
Guest says:
Interesting times:
Agreed, losses are losses. Whether transferred to taxpayer or not, the problem the PTB have is they can't make the losses go away.
Guest Thu Apr 2 08:30:13 2009 CDT #
Angry Saver says:
Work is at best a zero sum game at this point anyway. After taxes, inflation, bailouts, etc. your're worse off than when you started. And all to bailout fraud, corruption and assets that provide unearned income to parasites.
I see no point in playing the work/tread mill game. No way will the majority keep up with the shenanigans of Bernanke, Geithner and CONgress.
In that light, my time has become much more valuable.
Angry Saver Thu Apr 2 08:30:42 2009 CDT #
Simian says:
AG Holder needs to review the cases of Jeff Skilling and Martha Stewart. If the top financial company CEOs and CFOs, who have been signing the annual SOX statements, are innocent, then surely they are as well.
Otherwise AG Holder needs to start criminal investigations of half or more of the S&P 500 firms.
Simian Thu Apr 2 08:34:55 2009 CDT #
Angry Saver says:
I've been toying with an idea. I think we should publicly give the inflation gatherers a choice. Either put your wealth to productive use immediately, let the government redistribute the money immediately or face an outright deflationary bust and watch your faux wealth disappear.
Those choices seem much more prudent than printing and/or indebting ourselves for generations.
End the financial terrorism now!
Millions in defense, not one cent in tribute! (Thomas Jefferson)
BTW, most of the inflation has accrued to the top 1/2 of 1% of wealth holders.
Angry Saver Thu Apr 2 08:38:12 2009 CDT #
Carneades says:
Capitalism's Crisis: Is There a Precedent?
www.TheValueatRisk.blogspot.com
Carneades Thu Apr 2 10:00:08 2009 CDT #
Good News Economist says:
Employment data is a lagging indicator. It tells us where the economy has been. Not where it is going. Forward looking indicators however are quite positive and the stock market is starting to see that... http://bit.ly/3POBVD
Good News Economist Thu Apr 2 10:45:25 2009 CDT #
Nemo\'s Evil Twin says:
Monster mash? =-O
Nemo\'s Evil Twin Thu Apr 2 11:08:56 2009 CDT #
END