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UNEMPLOYMENT SURE ISN’T STABLEThe cure of past unemployment buildup clearly requires the following:1. More jobs2. Less applicants3. Or bothIs it just my opinion, but isn’t the horrifying unemployment rate in America the root cause to today’s economic mess?Where is the needed job growth to cure our economic mess going to come from, within 1 year from now?

And the dollar?hlowe

so,the financial masters of our universe wake up, pass windand take a dump. in that time they make more money thana working person makes in a year. live with it?one might argue that they create wealth and jobs in thattime that justifies the compensation. really? more likedestroy jobs and wealth and their compensation just continuesto increase. 1 dollar for the worker, 1,724 dollars for thebank thief, 2006 figures. 1970 figures 1 to 40.the right kind of lobbying and cross board seats makes ithappen. so the civilization is sacrificed, live with it?when millions of violent, angry, hungry and uneducated peopleare armed and roaming the streets the opportunity to createa just society will be nothing more than a regretted missedopportunity..http://garynull.org/6 23 09 les leopold guest at minute 24 or so..

then fatty died too.

TY Michele- let my digest and play with the numbers… so its costing your employer about 12K per year per employee? When does the insurer kick in – at what cost? i assume the larger bils correct?

Wages need to be fair, equitable and support a sustainable buisness model… unfortunaley the model created the past 20-30 years became unsustaibale. WAGE DESTRUCTION ha sbeen occuring since the mid 1980′s while avg american workers thought they were gettign wealthier with 401k’s and rising house values. They then borrowed agianst thier futures at highly riskly levels and accumanled so much debt that it is now blowing up in everyones faces.Waht should a person make to build a car? be a cop? be a nurse?, be a teacher? be a bank teller? be ball player? be a CEO? be a politician? Be a docotr? be a VET? Be a construction worker? The way i see it we base it all on 40 hour work weeks, who is to say someone else works more or less? Work harder get more? educate yourself more and acquire higher skills get more? but how much more and when is enough, enough? tough questions, no easy answers, but the bottom line is Thier are NO JOBS and WAGE DESTRUCTION has taken place. How the heck does it get fixed now that it has been so exposed? i heard today that Food stamp recieptents are up 30% since last year? We getting to the point where we cant even feed thsoe within our own borders…I am totally perplexed on how we creat GOOD JOBS and start producing “THINGS” that people can afford. I can post the horrific JOBS numbers, disect the numbers but it does not make feel good to see the blood in the numbers and knowing it is the chosen few that ahs taken adavantage of our capitalist ways to destroy what stand for and work for. It just plain sucks and all the brilliant minds have come up with nothing so far.

How about leveling the wage playing field by imposing a tariff on goods that were made using inequitable labor practices? Treating manufacturing employees like dogs by making them work 7 days a week and 13 hours a day should be “taxed” to discourage the practice. We should not have to compete with that.

A virus has mutated??? Oh, no, call out the military reserves, declare a bank holiday, I mean martial law–a virus may have mutated!!!! It’s never happened before. At least not since the last ten seconds, for sure!(why does anyone repeat any of this media tripe about swine flu?)Who is John Galt? Who is Joerg Hacker?

it is early in the winter e.g. just 48 hours and from various locations in the Southern Hemisphere reports are emerging of mutations of A-H1N1. Meanwhile in Northern Climes it continues to spread unabated when normally influenza viruses are dormant (more or less).latest from ProMEDmore from ProMED

Mark,agreeI am just a little bored. Slow news. RE.org is slow too. I broke my collar bone doing a project so have even more time…Besides, we can’t. There is no such thing in nature of sustained growth in finite parameters. The earth is no different than a petri dish, except a lot bigger. The media in a petri dish will only support so much growth. Earth isn’t any different. We are on a huge space ship traveling thru time and space and we better figure out how to make it work out for all of us or we will find ourselves just another extinct species.The entire concept of ever increasing debt which has to have ever increasing growth in economies to retire it is ludicrous. It isn’t even possible mathematically to do when non productive debt was just spent on raw consumption of non renewable resources of which there is a finite quantity. And insanely we base our entire economic growth plan on having this resource not only available on demand but cheap too. Add that to the insane idea that an ever increasing accumulation of capital among the connected (disconnected) who somehow knows where to invest to keep this all going.. What a joke we are telling ourselves! and a sick one at that!Wages are just a small piece of this mix and suggesting that lowering them will make us productive and put people to work is just someone’s wet dream. What would keep China from just lowering the wages of their workers to compensate? After all China is just one big gigantic monopolistic corporation.

mit appears we have hit the wall. no jobs createdor creatable in the private sector because the private sector needs to make a return on money, energy, production costs. the money is all in the hands of the few who do not want to spend it, they want toinvest it to make more money. the problem is someonehas to have money to spend for investors to see returns. that someone was wipedout decades ago and whoever was left standing wasoffered credit, we saw what happened there.if we want to have a rich and complex systemwe need to have a functioning circulatory system,right!so who has money or credit? the —–. whomakes the rules? the ——. who prints themoney? who is the last consumer left standing?the last buyer of the last item in the “market”?when you have all you need where is demand?

and the banks want to regulate themselves andsee that the place to invest is not north america..http://garynull.org/6 24 09 prof. robert auerbachmake sure the date that downloads is correct.perhaps reliable tomorrow. discussion concerningthe fed and their fun and games handing the u.s.a.its balls and head on the same platter.

http://health.utah.gov/epi/h1n1flu/sitrep062409.pdfCDC is now estimating that the novel H1N1 virus will be “Category 2” in severity. They are closely watching the situation in the Southern Hemisphere for validation of this estimate. A category 2 pandemic has the following characteristics:• Case fatality ratio of 0.1 percent to less than 0.5 percent.• Between 90,000 and 450,000 deaths in the U.S. (compared with estimated 36,000 deaths during a typical influenza season).• Excess death rate of between 30 to less than 150 per 100,000 people.• Illness rate of between 20 and 40 percent.• Similar to 1957 pandemic.

Question: I was expecting to have one more paycheck after I quit my job. After all, the date on the paycheck is always about one week after the corresponding pay period. Thus I thought I was going to receive a paycheck in early July covering the last couple weeks in June. The fiscal year ends June 30. But no, my employer tells me that they pay on a cash basis and that I received 26 paychecks during fiscal year 08-09. However the first paycheck in July 08 was for the last couple of weeks of June 08, if you look at the paystub.Interestingly, the same thing happened to all my fellow employees who were either fired or quit. Recently, I have heard that this is happening all over the place. I smell a rat. My employer, where I have been employed over 10 years, will not tell me when they went to a cash basis. I smell a rat. Naturally, the change works in the employer’s favor. Why bother saying the pay is for the previous two weeks on the paystub?Anyone else caught by this suspicious sleight of hand? I feel robbed. I don’t believe this sh-t about cash basis, given that the check stub makes clear for what pay period the payment applies.

You are assuming your premise is correct, i.e. more jobs = better economy.The policy makers seem to have a different idea, i.e. the same or more money in the system = better economy.So, who needs jobs. Just keep shoveling tons of money to a handful of bankers, who will then pump some of it into the system through their own pockets.As for the rest of us, we should be happy with the little golden crumbs that happen to fall our way.Wasn’t Big O supposed to be about spreading some of that wealth around? When did Timmy G spike his Kool-Aid?

sort of like the next wave of the swine flu…Actually so far the amount of dead people is a bit larger than from a seasonal flu (a far cry from the 1918 thingy). With a regular seasonal flu we could also have thousands infected – it is just that those numbers are not that openly tracked and publiziced. But better to be careful since no one can know how bad this virus is, I guess…

Finally! I posted a comment last week about off-shore tax havens that hedge fund investors have been using. Looks like the IRS is taking noticeFrom WSJ:Hedge-fund assets in offshore tax havens such as the Cayman Islands and Bermuda represent more than two-thirds of the roughly $1.3 trillion industry, according to Hedge Fund Research Inc.http://online.wsj.com/article/SB124588728596150643.html

@anonymousReal wages have dropped or have been stagnant for years. In order to raise our families we have had to increase our debt load. De-regulation, low interest rates, speculation, fraud, etc… are a consequence not a cause of this economic crisis. At the core is wage destruction and price inflation.And this dope wants to lower wages even further. He must work for Government Sachs.

If your employer is cheating you out of wages, file a complaint with your local Dept. of Labor, it’s free and they will investigate it for you. Congress has already addressed these issued years ago and these agencies were created for these very reasons.In most states, if your employer is found guilty, they will owe you treble damages, so it certainly is worth your time and effort to follow through with filing.

Another market rally as initial jobless claims rose by 15k to 627k in the week ended June 20. While 99% of Americans would be happy with a decent paying job, the entire world economy is under siege due to the 1% who want the US to remain #1 in income inequality: yes, a few bad apples spoils the entire barrel!

There’s no need for it to “go before congress”. There are already laws against theft, fraud, racketeering, etc. Congress has done its job, now if you want help, you have to do your part!I’m the guy who suggested a class action.

Is capitalism the end of History?