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View Full Version : unemployment up in 82% of metro areas



realmoney
2nd February 2010, 20:33
This just barely made the news, and the stock market rallied today!

http://finance.yahoo.com/news/Unemployment-rises-in-most-apf-551218931.html?x=0&pos=9&asset=&ccode=

For market, up 100 today, down 100 tomorrow. For middle America, gets screwed every day. WTF

RM

UmassSteve
2nd February 2010, 22:10
I hate to say an insensitive thing, but America is simply reaping the rewards of their actions - the action of voting in a communist usurper and his socialist allies in congress.

So, middle America, enjoy your Usurper, and Stop complaining. Otherwise, make sure these socialist idiots never ever return to power again.

You're right, there was no financial crisis before the "usurper"

Muthafugga
2nd February 2010, 22:33
Oh look, our good buddy Masshole Steve has spoken. You may return your head into the sand sir.

Cup-of-Ruin
3rd February 2010, 03:05
And inflation on the way, awesome, double-plus-good, all is well, communism is good, share the wealth, share the load. Hey I got an idea, lets crush all our old well built cars and send the scrap to China and buy overpriced plastic clunkers that will breakdown in 6 months time, we can call it cash for clunkers, oh all ready been done....double-plus-good.

silversurfer1
3rd February 2010, 06:36
This just barely made the news, and the stock market rallied today!

http://finance.yahoo.com/news/Unemployment-rises-in-most-apf-551218931.html?x=0&pos=9&asset=&ccode=

For market, up 100 today, down 100 tomorrow. For middle America, gets screwed every day. WTF

RM

Realmoney I know - people need to be aware of this.

Silvature
3rd February 2010, 06:51
You're right, there was no financial crisis before the "usurper"


You are joking?

UmassSteve
3rd February 2010, 10:06
You are joking?

Mocking, really. I understand that people here disagree with Obama on pretty much everything, that's fine. But people here like to make it sound like all of our troubles started on January 20th, 2009, and that there was nothing wrong with America before. Its just drives me insane.

fullsafe
3rd February 2010, 10:22
Mocking, really. I understand that people here disagree with Obama on pretty much everything, that's fine. But people here like to make it sound like all of our troubles started on January 20th, 2009, and that there was nothing wrong with America before. Its just drives me insane.

Short trip!

ThreeNinesFine
3rd February 2010, 11:08
Mocking, really. I understand that people here disagree with Obama on pretty much everything, that's fine. But people here like to make it sound like all of our troubles started on January 20th, 2009, and that there was nothing wrong with America before. Its just drives me insane.

This is true, but it doesn't negate the fact that Obama is "out-Bushing" Bush.

junksilver
3rd February 2010, 11:23
Mocking, really. I understand that people here disagree with Obama on pretty much everything, that's fine. But people here like to make it sound like all of our troubles started on January 20th, 2009, and that there was nothing wrong with America before. Its just drives me insane.


I can understand where you are coming from here. I was no fan of any of the previous admins, just scares the heck out of me with the pace the current one is moving at to dismantle what is left of this country.

Gene Daniels
3rd February 2010, 12:02
I can understand where you are coming from here. I was no fan of any of the previous admins, just scares the heck out of me with the pace the current one is moving at to dismantle what is left of this country.

I am on the same page with both of you. I did not like the way the Bush administration was throwing money around, but Obama is killing us off as fast as they can print it! I keep wondering how long this can last?

If we take our clues from history, the smoke and mirrors can keep the sheepole happy for some time, but the real money people sitting in London, Mumbai, and Shanghi are not falling for any of it. When the music stops they will have their wealth parked in a solid place because they know IN ADVANCE when it is about to happen. As for the rest of us, we better buy whatever security we can now because when this all happens it will happen FAST!

So I say don't worry about the markets, stop watching the daily movements (unless you are timing a purchase). But buy silver and gold, the day will come that you will be very glad you did.

Relayer
3rd February 2010, 18:29
http://www.bloomberg.com/insight/birth-death-model.html

realmoney
3rd February 2010, 19:17
http://www.bloomberg.com/insight/birth-death-model.html

Thanks for this Relayer.

I'm sure when this shocking number comes out, they will dismiss it as slightly "greater than expected". And the market will probably rally