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U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

j-mac said:
What does it say when a job usually, and traditionally reserved for teens approaching entry into the job market, for a summer gig, are pushed out for carreer working class people trying to get off unemployment roles? Is that the sign of a strengthening ecomony? Not in my book.

j-mac
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but it was when bush was president? for me, any sign of life is a good sign.
 
liblady said:
remember when one of his cronies wnated to have hamburger flipping changed from service to manufacturing?
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vote obama, 2012!

bush tried to count service jobs as manufacturing!

LOL!

meanwhile, TODAY, a hundred bucks on 3

Gas #3.99 Per Gallon
 
liblady said:
but it was when bush was president? for me, any sign of life is a good sign.
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No, I know what you are saying, and believe me, it is NOT what I thought was acceptable at the time when Bush was touting this as acceptable either. But IF I read you correctly, either you are saying that 'it's ok because Bush did it too'... or, you are saying that these jobs are acceptable to you because it is your choice for President carrying the banner, and using these numbers as success. Neither in my opinion is a very positive light shining on your POV with respect to this.

j-mac
 
sunday:

More than 28 percent of U.S. homeowners owed more than their properties were worth in the first quarter as values fell the most since 2008, Zillow Inc. said today.

Homeowners with negative equity increased from 22 percent a year earlier as home prices slumped 8.2 percent over the past 12 months, the Seattle-based company said. About 27 percent of homes were “underwater” in the fourth quarter, according to Zillow, which runs a website with property-value estimates and real-estate listings.

Home prices fell 3 percent in the first quarter and will drop as much as 9 percent this year as foreclosures spread and unemployment remains high, Zillow Chief Economist Stan Humphries said. Prices won’t find a floor until 2012, he said.
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Underwater Homeowners Rise to 28 Percent: Zillow - Bloomberg

the slasher's housing policies, meanwhile, have been universally condemned as "a miserable failure," half those he hamp'ed have already redefaulted

Experts: Obama's Mortgage Relief Program a Failure

Obama's HAMP program 'failed miserably' at preventing foreclosures | OregonLive.com

Half of U.S. Home Loan Modifications Default Again (Update1) - Bloomberg
 
Thank God Obama is still destroying the housing market. I need about 6 weeks to get my self together on a bid, and then I can take advantage of the market.

j-mac
 
if you wait a year, in most places prices will be significantly lower
 
i understand

being an aged california public school teacher who paid off his house when he was 51, i have a huge surplus income and nowhere to put it

i believe in real value, whatever that is, but these days it might be an 18 wheeler full of guns

or a big tank of gasoline

a house, even if paper is worthless, still has some instrinsic worth

i feel forced to move up

my point---when home prices are low, the differential between my modest 3 bedroom and that mini mansion in the gated retirement community is constantly shrinking

so i wait

and i don't really want to move, i finally got this place exactly like i want it

oh well

we all got problems in tuff times like these

stay up
 
The Prof said:
i understand

being an aged california public school teacher who paid off his house when he was 51, i have a huge surplus income and nowhere to put it

i believe in real value, whatever that is, but these days it might be an 18 wheeler full of guns

or a big tank of gasoline

a house, even if paper is worthless, still has some instrinsic worth

i feel forced to move up

my point---when home prices are low, the differential between my modest 3 bedroom and that mini mansion in the gated retirement community is constantly shrinking

so i wait

and i don't really want to move, i finally got this place exactly like i want it

oh well

we all got problems in tuff times like these

stay up
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There's always "The Villages". :mrgreen:
 
Gill said:
There's always "The Villages". :mrgreen:
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Remember, "It Takes a Village" which no apparently means that is what it takes to protect Obama for the disastrous results of the Obama Administration and to divert to the "everyone else does it" defense which now seems to make it right.
 
america's friendliest home town!

LOL!

do you know hgtv?

if they did a show researching the best places in america to retire---prices, amenities, weather, commutes, tax rates...

it'd be a HIT, baby!

bigger than house hunters international
 
j-mac said:
What does it say when a job usually, and traditionally reserved for teens approaching entry into the job market, for a summer gig, are pushed out for carreer working class people trying to get off unemployment roles? Is that the sign of a strengthening ecomony? Not in my book.

j-mac
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One more reason why our money spent bailing out the auto industry was money well spent.Now onto the other part of your post.:2wave:

I’ve been through a few recessions in my time, the one in the eighties had men with master’s degrees unloading trucks at grocery warehouses; they were/are called lumpers.

Lumpers unload for cash payments of a few cents a pound,they go by the freight bill weight. I don’t deliver to grocery warehouses now but I do know that when I pull into a city with an oversize load, the help offers come fast and furious, the difference now is that the help offers come most of the time without a Spanish accent...now.

One could say at times very articulate. Better educated? Of course.

if you can throw forty thousand pounds of of Tide/Clorox/whatever onto pallets in four hours you can make yourself a living wage off of the grid... if you do that a couple of times a day. In other words a person will do what is takes to keep food on the table when their/ family is hungry, regardless of the perceived step down of the social structure of the job.


As an aside the chatter on CB channel 19 seems to have taken a turn towards…well, maybe not exactly a discussion of "Canterbury Tales" by Chaucer.I also haven’t heard much chatter on which months "Hustler" was better lately either.Bummer :(

In other words people will do what it takes to put food on the table.
 
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The Prof said:
america's friendliest home town!

LOL!

do you know hgtv?

if they did a show researching the best places in america to retire---prices, amenities, weather, commutes, tax rates...

it'd be a HIT, baby!

bigger than house hunters international
Click to expand...

Nah, the only show better than house hunters international is Holmes on Homes.
 
donc said:
One more reason why our money spent bailing out the auto industry was money well spent.Now onto the other part of your post.:2wave:

I’ve been through a few recessions in my time, the one in the eighties had men with master’s degrees unloading trucks at grocery warehouses; they were/are called lumpers.

Lumpers unload for cash payments of a few cents a pound,they go by the freight bill weight. I don’t deliver to grocery warehouses now but I do know that when I pull into a city with an oversize load, the help offers come fast and furious, the difference now is that the help offers come most of the time without a Spanish accent...now.

One could say at times very articulate. Better educated? Of course.

if you can throw forty thousand pounds of of Tide/Clorox/whatever onto pallets in four hours you can make yourself a living wage off of the grid... if you do that a couple of times a day. In other words a person will do what is takes to keep food on the table when their/ family is hungry, regardless of the perceived step down of the social structure of the job.


As an aside the chatter on CB channel 19 seems to have taken a turn towards…well, maybe not exactly a discussion of "Canterbury Tales" by Chaucer.I also haven’t heard much chatter on which months "Hustler" was better lately either.Bummer :(

In other words people will do what it takes to put food on the table.
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So you think it is the Federal Taxpayer's responsibility to bailout any business that is on the verge of failure? Explain to me why Ford succeeded whereas GM/Chrysler needed the govt. take over?
 
The Prof said:
i understand

being an aged california public school teacher who paid off his house when he was 51, i have a huge surplus income and nowhere to put it

i believe in real value, whatever that is, but these days it might be an 18 wheeler full of guns

or a big tank of gasoline

a house, even if paper is worthless, still has some instrinsic worth

i feel forced to move up

my point---when home prices are low, the differential between my modest 3 bedroom and that mini mansion in the gated retirement community is constantly shrinking

so i wait

and i don't really want to move, i finally got this place exactly like i want it

oh well

we all got problems in tuff times like these

stay up
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Yeah, but I kinda like our particular problems. My worries are in what my children {21yrs, and 19yrs} are going to do.

Obama is just destroying their dream of owning anything.


j-mac
 
[QUOTE Conservative;

So you think it is the Federal Taxpayer's responsibility to bailout any business that is on the verge of failure?

No but the precedent was set with the Troubled Asset Relief Program, commonly referred to as TARP. SSOoo…when the faucet was turned on for stimulus, what better return than saving jobs in this country?then of course the gov.made a few billion in 1979 with a $1.5 billion loan guarantee that saved the company and tens of thousands of jobs.


Explain to me why Ford succeeded whereas GM/Chrysler needed the govt. take over?
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Better car, better management.That,s why i bought shares in the company at $5.00...good investment.Might buy some GM later when it hits my trigger point.:2wave:
 
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donc said:
[QUOTE Conservative;

So you think it is the Federal Taxpayer's responsibility to bailout any business that is on the verge of failure?

No but the precedent was set with the Troubled Asset Relief Program, commonly referred to as TARP. SSOoo…when the faucet was turned on for stimulus, what better return than saving jobs in this country?then of course the gov.made a few billion in 1979 with a $1.5 billion loan guarantee that saved the company and tens of thousands of jobs.




Better car, better management.That,s why i bought shares in the company at $5.00...good investment.Might buy some GM later when it hits my trigger point.:2wave:
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I did not support TARP but economists claim that TARP kept us out of a depression, others disagreed. You seem to believe that GM/Chrysler going out of business would have led to hundreds of thousands losing their jobs yet cannot prove that. Someone would have stepped up to take over those companies and it didn't have to be the taxpayers. The loser would have been the unions, not the employees. Is it better to have a job and pension vs. losing your job and your pension.

Better cars seem to be what Ford is producing or at least what the consumer is saying vs. GM. Still didn't answer the question. Why didn't Ford need a bailout?
 
The Prof said:
Govt Losses in GM: 84 Billion

Consumer Reports: GM’s Volt Doesn’t Really Make A Lot Of Sense « CBS Las Vegas
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ll

I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof? :mrgreen:




Monday May 9, 2011, 1:09 pm EDT

DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
 
donc said:
ll

I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof? :mrgreen:




Monday May 9, 2011, 1:09 pm EDT

DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
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Wow! a whole 400 jobs? My God happy days are here again!!!!!


j-mac
 
donc said:
ll

I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof? :mrgreen:




Monday May 9, 2011, 1:09 pm EDT

DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
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That doesn't mean they're making money. If those jobs are being funded with taxpayer bailout cash, then there nothing more than welfare.
 
donc said:
ll

I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof? :mrgreen:




Monday May 9, 2011, 1:09 pm EDT

DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
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You want proof? The govt. paid $52 a share to buy GM and that price is in the low 30's today so you tell me how much of a loss the taxpayers will have?
 
QUOTE Conservative;

You want proof?
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What did i ask for proof of? :confused:

The govt. paid $52 a share to buy GM and that price is in the low 30's today so you tell me how much of a loss the taxpayers will have?
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The loan was signed by President Jimmy Carter in the White House on January 7, 1980, on August of 1983, Chrysler paid off the loan, seven years early, at a profit for the government.

What hits you in the face with the above paragraph conservative? Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit? If anyone cares to look it up they will find that Iacocca was trying to get the Gov. to forgive the loan.
 
donc said:
What did i ask for proof of? :confused:



The loan was signed by President Jimmy Carter in the White House on January 7, 1980, on August of 1983, Chrysler paid off the loan, seven years early, at a profit for the government.

What hits you in the face with the above paragraph conservative? Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit? If anyone cares to look it up they will find that Iacocca was trying to get the Gov. to forgive the loan.
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What does Carter's Chrysler loan 30 years ago have to do with Obama's UAW giveaway???
 
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