Economy Rolling Along
43 straight months of job increases. Unemployment down to 4.4%. And the media coverage? Almost non existent. Sigh.
Labels: good news
posted by SCC at 12:05 AM
Saturday, April 07, 2007
Contributors
Previous Posts
- Vote for Michele Smith!
- Maybe She'll Starve to Death?
- Again?
- Political Games
- Coast to Coast - New Link
- Weapon Discipline
- Why an Outsider Will Never WIn
- An Opinion
- Immunity = Fired
- Open Post for Speculation
121 Comments:
what will probably happen is they will lie and report unemployment at its highest and that will be ok... why? no one ever holds media accountable... thats our fault. Everyones fault for enabling this behavior.
My buddy is a County Sheriff and he told me a story today about a case that was up in court. Two shit heads rob a kid on the northside and are locked up for it waiting for trial. Well the mother of one of those kids knows a f/2 police officer who works in 23rd dist. on days and has her write a letter of recommendation for the robber (m/1/17). The officer wrote a letter and started it off by using the 23rd Dist's address and her title and name and then went on to ask the judge to lower his bond and and how he lives on her BEAT and is such a good kid and his mom helps the community.....etc.... and signs it Chicago Police Officer @#$%#^@%$ and the Dist's address. Now I'm no rocket scientist but I don't think she can do this. 1st of all it affected the outcome of the case , which she knew nothing about, and she used the City of Chicago's name without asking a lawyer for the city if it was ok to do so. If anyone knows what else is wrong with this please add on....Oh Yeah to top it off the robbers dad showed up to court and tried to intimidate the witness and was locked up on the spot after he wrestled with the Sheriffs. The robber got off with supervision thanks to the fine letter the female P.O. wrote. Unbelieveable!!!!
4/06/2007 03:12:00 PM
YOU HAVE GOT TO BE KIDDING!! This got over shadowed by Matthews BS but needs to be disseminated again. And just for a little clarification, this is a very accurate representation of what happened...except (BIG SURPRISE TO ALL IM SURE) she is a F/1 not F/2.. and she is a racist cop in 023 days M.M.
"no one ever holds media accountable..'
Start w/ FOX(Fix)News in your accountability campaign
If the Economy is rolling along as smoothly as you claim, why is that you're working 2nd& 3rd side Jobs?
Really sad employment story.
Circuit City stores are going to fire 3,400 of it's (union?)employees because "they make more than their market value."
Then they will hire 3,400 substitutes at Wal-Mart wages and benefits.
This really sucks. Daley has got to be looking at that and thinking, can I do that here.
I have heard that idea has been floated at previous contract talks.
Cook County's Toddler Stroger has fired union janitors and replaced them with a no-bid contract politcaly connected cleaning firm.
As much as I hate to admit it, the contract cleaners who clean our station now do a much better job than the union janitors we used to have.
My buddy is a County Sheriff and he told me a story today about a case that was up in court. Two shit heads rob a kid on the northside and are locked up for it waiting for trial. Well the mother of one of those kids knows a f/2 police officer who works in 23rd dist. on days and has her write a letter of recommendation for the robber (m/1/17). The officer wrote a letter and started it off by using the 23rd Dist's address and her title and name and then went on to ask the judge to lower his bond and and how he lives on her BEAT and is such a good kid and his mom helps the community.....etc.... and signs it Chicago Police Officer @#$%#^@%$ and the Dist's address. Now I'm no rocket scientist but I don't think she can do this. 1st of all it affected the outcome of the case , which she knew nothing about, and she used the City of Chicago's name without asking a lawyer for the city if it was ok to do so. If anyone knows what else is wrong with this please add on....Oh Yeah to top it off the robbers dad showed up to court and tried to intimidate the witness and was locked up on the spot after he wrestled with the Sheriffs. The robber got off with supervision thanks to the fine letter the female P.O. wrote. Unbelieveable!!!!
***********************************
Violation of G.O. I hope to have a copy of the letter by Monday evening. I will post ASAP.
It felt as if you had wandered into a barroom brawl(not involving a cpd member), people were cowering under their tables and the only question was when someone would get smashed with a broken beer bottle.
Geraldo Rivera and Bill O'Reilly argued over an illegal immigrant issue.
The dustup involved a drunk driver, with three previous alcohol-related convictions, who killed two teenagers in the Virginia Beach area last month and has been charged with manslaughter. In his opening commentary, O'Reilly said the driver was an illegal alien from Mexico, and he assailed the city's mayor for what he said was a policy of not reporting those in this country illegally to federal authorities. He included a clip of the mayor, Meyera Oberndorf, saying that Virginia Beach has adopted no policy making it a "sanctuary city," as O'Reilly called it.
Rivera, a regular guest on the show, immediately challenged the premise, saying there were 347 drunk-driving fatalities in Virginia in 2005 and "the only reason it's news on 'The Factor' is because the driver was an illegal alien." He said O'Reilly should apologize to the mayor.
As they sparred over whether the drunk driver should have been deported earlier, O'Reilly observed that Rivera has teenage daughters and asked if he approved of "somebody sneaking into the country, becoming drunk, get convicted of a DUI and staying here?"
Rivera, whose father is from Puerto Rico, countered: "It could be a Jewish drunk. It could be a Polish drunk. . . . What the hell difference does it make?"
"It makes plenty of difference!" O'Reilly shouted, his face grimacing. "He doesn't have a right to be in this country! . . . He should have been deported!"
"It's a cheap political point," Rivera roared back.
"No, it isn't."
"And you know it!"
"This is justice! . . . And you want anarchy," O'Reilly said.
As they glared at each other, Rivera said: "What I want is fairness."
"Fairness? Bull!" O'Reilly said.
Rivera said that illegal aliens had been "lured" to this country with the promise of jobs in a full-employment economy. "Do you want your viewers to go knocking on people's door, door to door?" he asked.
"Oh, bull. That's bull," O'Reilly said.
Mean while another CPD member, off duty, gets in another beating at City Hall ....oh wait...that was Cline and Daley....19p...
Keep watching Fox "News". Nothing to see here, move along.
where have your race baiting obama post gone?
Start saving, a new period of 'stagflation' may be just around the corner
By Linda Stern | April 6, 2007
What's more frightening inflation or recession?
Accelerating prices and a slow- or no-growth economy is a killer combo that's been called "stagflation" since the 1960s.
Folks of a certain age might remember the stagflation which dominated the US economy in the 1970s. It was a gloomy time when energy prices (and gasoline lines) dominated the news; when whole industries slumped at the same time, and when job losses and price hikes seemed to travel in tandem.
Productivity Lull Might Signal Growth Is Easing
By Greg Ip
Word Count: 1,234
The U.S. productivity boom that began in the mid-1990s is showing signs of running out of steam.
If it proves more than a temporary lull, slower growth in productivity -- that is, output per hour worked -- could lead to slower growth in living standards, more difficultly paying for the baby boomers' retirements and a greater risk of inflation. Inflation fears would make the Federal Reserve more reluctant to lower interest rates.
U.S. Initial Jobless Claims Rose to 321,000
Last Week (Update3)
By Shobhana Chandra
April 5 (Bloomberg) -- More Americans filed first-time claims for unemployment benefits last week, while the number of people on jobless rolls remained at a level that indicates strength in the job market.
Initial jobless claims increased by 11,000 in the week ended March 31 to 321,000, more than economists had forecast, Labor Department figures showed today. The four-week moving average, a less-volatile measure, fell to 315,750 from 317,250.
Construction and housing-related businesses and auto makers are trimming staff while other employers are holding on to workers to meet demand, economists said. Tomorrow's March employment report, forecast to show growth in jobs and wages, may reinforce optimism that consumer spending will stay buoyant.
don't worry I don't expect you to post any of those.
I just feel bad for the fools you lead around....
Unemployment down? Look at the westside, we need jobs! $20 an hour jobs!
There, we published them all.
Now as to the "fools" we lead around, do you even both to read past the first three paragraphs of any of the articles you posted?
Article #1 - Remarks in the Fed's latest policy statement "just scream stagflation" writes investment blogger Tim Iacono. The word "stagflation" was mentioned some 2,480 times in recent blog postings, according to online monitor Technorati.com.
Gee, 2,480 times. Think he's pandering to the "sky is falling" crowd? And the author's counter point -
These economic trends are worrisome, though there are some reasons not to fear a recurrence of the 70s. Interest rates are starting much lower, and the Fed's fear of inflation borders on paranoia. Slow wage growth and jobs should hold prices down, too.
She makes more sense than the headline writer.
Article #2 - read the first word of the second line:
If it proves more than a temporary lull, slower growth in productivity -- that is, output per hour worked -- could lead to slower growth in living standards, more difficultly paying for the baby boomers' retirements and a greater risk of inflation.
*If* The entire argument is based on *If*. And we already know the boomers retirement is going to put a strain on the economy - that was the reasoning behind reforming social security - an effort killed by the democrats who are determined to raise taxes to stratospheric levels.
Article #3 - What a crappy piece of headline writing this is. The woman must write for AP. Read the first line you quoted:
More Americans filed first-time claims for unemployment benefits last week, while the number of people on jobless rolls remained at a level that indicates strength in the job market.
Or this:
The four-week moving average, a less-volatile measure, fell to 315,750 from 317,250.
Or this:
``It's a sign of labor market stability,'' said Michael Gregory, a senior economist at BMO Capital Markets in Toronto. ``The effect of weakness in housing and manufacturing is very muted.''
Or this
The number of people continuing to collect state unemployment benefits fell to 2.492 million in the week that ended March 24, the lowest since January, from 2.517 million in the prior week.
Unfortunately for your argument, most of the "fools" we cater to, actually READ and understand economics, unlike yourself who only reads headlines and parrots the leftist media thinking.
John Stossel reports:
Newsrooms are full of English majors who acknowledge that they are not good at math, but still rush to make confident pronouncements about a global-warming "crisis" and the coming of bird flu. . . .
Here's another example. What do you think is more dangerous, a house with a pool or a house with a gun? When, for "20/20," I asked some kids, all said the house with the gun is more dangerous. I'm sure their parents would agree. Yet a child is 100 times more likely to die in a swimming pool than in a gun accident.
Parents don't know that partly because the media hate guns and gun accidents make bigger headlines. Ask yourself which incident would be more likely to be covered on TV.
The promotion by the MSM of gun control is almost religious.
I'm SOOO... confused! It's a good thing I tested high in Reading and Comprehension. Must have been the great nuns and the involvement of my parents. Can you tell I'm a product of the 50's?
The economy right now is irrelevant while Iraq and Afghanistan are going on. How many died and wounded do we have now? The cost in blood is the only thing we should be worried about. Secondary, how much more money are we going to spend? The total is over 500 billion and climbing. War causes inflation and the bills for these wars have not come due yet. Stagflation in the 70's was primarily caused by the Vietnam War spending. But that is just my humble opinion.
12:53 AM
It's called making a better life through personal efforts and hardwork. Try it Lefty. It works. All without help from the nanny state.
yeah and the gas prices are rising. Scc get a clue. The rise in employment currently is due to military call ups, yes they factor that into the employment numbers. nice try though. oh well off to my second gig.
Obviously the media ignored or downplayed it. Just look at the posts here. The fact is that just about everyone who wants a job has a job.
Yes there are jobs but paying little! thanks to all the illegals and the acevedos types the companies don't have to pay a decent wage as illegals take the jobs wages plummet and the rich get richer! the amount of millionaires in the U.S. have skyrocketed the companies want illegals as they work almost for free! We give them lots of free shit that us the taxpayers pay for such as link,medical, and now thanks to gang banger acevedo drivers certificates to drive legally! If we went for example to mexico we would be put in prison not given jobs F%$k all illegals get out build a big electric fence to keep them out! Think i will speed, sell drugs wait! thats illegal so is what they do!!
It's a lie. Jessie "never had a real job' Jackson writes the Government just builds more jails.. there is no 'job creation'.
Read more here
http://www.commondreams.org/views07/0320-30.htm
ps How can anyone take this guy seriously after reading crap like that.
If you don't understand by now that the vast majority of the news media world-wide is run by Socialists, you are not very observant.
I'M 42 yrs old and been through a few presidents. The only one that I rememeber causing me any economic grief was the spinless Jimmmy Carter. I recall waiting in long lines for gas. It sucked as a kid.
Who the fuck ever promised you a job. That's not what this counrty is founded on. We are capitalist.
Simple put, get off your lazy link card ass and learn to market yourself.
Every foreigner that comes here takes full advantage of our open system. Good and Bad.
We have the only " poor people " who are fat and have cell phones.
Bush is doing an ok job. NO TAX RAISES AND NO MORE ATTACKS!
Thats the only thing I expect from my government. I'll do the rest myself.
My only complaint is the immigrantion issue. Send the mexicans back. Yes, they are the problem more then anyother. They are so proud to be mexican, but yet they leave their counrty to come here and fly thier flag. Whats wrong with that picture. Then they have the audacity to demand all kinds of rights for their illegal behavior.
In our country the only thing a foreigner cant be is President.
In mexico you cant hold any public office or even become a corupt cop. Where's the outrage at this hypocrisy.
I just heard this one.
The American Indian is living proof for a strong immigration enforcement.
If anything of a criminal nature happens to any of my family, while in Chicago, by the hands of an illegal alien[s], I intend to sue Daley personally, and the City, for encouraging illegals to come to Chicago, as Daley publicly deemed it a Sanctuary city. I suggest all of you do the same. Daley can be sued for punitive damages in civil court. Just request a change of venue to another county, where, hopefully, he can't fix the case with one of his numerous crooked judges. Until then, watch out for drunken illegals running you down, hit and run, and then splitting the country to hide out, probably in Mexico.
WTF is up with the price of gasoline? Over $3 by my house for regular, the suburbs aren't much better in price.
What horrible world event happened to drive up the price $.50 in the last month?
I don't think the Iranian/British thing had much to do with it.
Another week goes by and we still haven't seen the Jefferson Tap Beating Video. It's amazing how certain stuff just disappears when bosses are involved, but, if its just a lowly P.O., rest assured, it will be all over the news.
Slow wage growth and jobs should hold prices down, too.
--
SCC, that magic "should" makes all the difference.
However, the slow wage graowth did not keep housing prices down! BTW, what's your opinion on the housing market? Everything "rolling along" happy as can be?
number of people on jobless rolls remained at a level that indicates strength in the job market.
Or this:
The four-week moving average, a less-volatile measure, fell to 315,750 from 317,250.
Or this:
``It's a sign of labor market stability,'' said Michael Gregory, a senior economist at BMO Capital Markets in Toronto. ``The effect of weakness in housing and manufacturing is very muted.''
Or this
The number of people continuing to collect state unemployment benefits fell to 2.492 million in the week that ended March 24, the lowest since January, from 2.517 million in the prior week.
Guy, you know they have to try to spin it anyway they can!
The last paragraph equates to a whopping 25,000 people! That is nothing.
Donahue and the FOP voted to endorse Democrats. I hope Donahue can get Madigan and Blagojevich to support the FOP residency bill.
Anonymous said...
Cook County's Toddler Stroger has fired union janitors and replaced them with a no-bid contract politcaly connected cleaning firm.
As much as I hate to admit it, the contract cleaners who clean our station now do a much better job than the union janitors we used to have.
4/07/2007 01:04:00 AM
You mean Beavers Tillman Davis Jones Rush Troutman,OOPS not troutman she was singled out by the Racist FBI . Toddlys a Puppet and these are the PUPPET MASTERS!
Oh yeah "Worst economy in history" is all we hear from from the libtards. A good economy doesn't support their liberal/socialist cause does it?No we are the evil imperialists,NONSENCE!You libtards need a new direction. I reccomend you start listening to the Nuge, Ted Nugent that is,Spitit of the wild, you just might learn something.I do remember the 70's, Yes I remember the B.S. Jimmy Peanut Carter pushed down our throats and the fuel issue was nothing more than OPEC trying to put a strangle hold on us,there is no oil shortage and never has been.You libtards were too drunk on "Billy beer" to remember.Now build some refineries damnit.
Off topic*********** Merit promotions should be as follows:
1. If you are promoted by merit than it should be made public to the Dept. members who you are
2. reasons why you made it should be made public
3. a list of your activity also made public
4. your awards
5. honorable mentions
6. bosses comments
7. time on the medical
8. where you worked and what beats you worked
9. fellow officers opinions who worked with you
10. # of CR's
11. your score on the promotion test
12. relatives on the job
13. what boss put you in for the merit promotion
This way we would all know the truth and would not need to speculate and spread rumors about what we think is the truth. #10
SCC thats not all of them! Wheres my post bashing the female persuasion??? I guess there is no expectation to freedom of speech but dont claim a 90something% publish rate and censor many of mine! BS!
"Mean while another CPD member, off duty, gets in another beating at City Hall ....oh wait...that was Cline and Daley....19p...
4/07/2007 01:35:00 AM"
Thanks for the play-by-play of the O'Reilly Factor, why don't you just link it next time douchebag.
Hubberman is supposed to be the
end all candidate for Clines spot.
Remember how he was on the street
before he was fast tracked, I do.
Every time i see him on televison I
recall him as a P.O. saying how
this is only temporary for him.
Time will tell if he makes his up
hill climb to the top spot but I
encountered a few bosses who would
push for him not to make it. We
employ a lot of great bosses who
relish the idea of #1 cop and they
very well might get it but I hope
everone keeps Huberman out of it.
Remember we want a working cop as
the new #1 in the city not a goof.
To: 4/07/2007 01:13:00 AM
Gotta love your post, your buddy told you a story and you post it as fact.
To: 4/06/2007 11:49:00 PM
In one breath you write "YOU HAVE GOT TO BE KIDDING" and in the next "And just for a little clarification, this is a very accurate representation of what happened." So which is it?
I am curious about the G.O. that 4/07/2007 01:13:00 AM refers to. According to the "story", the officer wrote a letter to the Court using her title and work address, no mention of it being on department letterhead.
Just wondering if there is something "officially" wrong with any of us writing a letter to the Court on behalf of someone we know, whether it be family, friend or otherwise, isn't that called a character reference? Even if we use our "title"? Would it affect the outcome of the Judge's decision to lower the bond? I don't know, I suppose it would depend on the Judge, the kid's criminal history, the facts of the case.
My point is that it doesn't appear that the person who wrote this "story" knows the case, the kid, or even the officer for that matter. But we sure are quick to condemn and attack.....and we beef about the media.
Anonymous said...
My buddy is a County Sheriff and he told me a story today about a case that was up in court.
I've got a "story" for your friend about a County Sheriff at Domestic Violence Court. On Wednesday (4/4)after a violation of an order of protection hearing a victim was approached by a Sheriff after the hearing. He told her that the offender wanted to her ask her something. He then proceeded to ask her if she had her phone turned off? WTF???? She told him it wasn't any of his business. Maybe the Sheriff needs to take some remedial classes regarding NO CONTACT.
SCC thats not all of them! Wheres my post bashing the female persuasion??? I guess there is no expectation to freedom of speech but dont claim a 90something% publish rate and censor many of mine! BS!
Yeah, like we really want to post your misogynist ramblings because you can't get any. Grow up and buy an inflatable woman if you're that hard up. If you talk to women the same way you argue economics, it's a wonder you aren't dating sheep.
And even censoring your BS, we still publish 99.3% of the comments submitted. We've been keeping track.
Asshat.
Gas prices are a combination of (1) lack of refinery output since we haven't built a refinery in almost 25 years, (2) Iran/British BS, (3) and the summer-blend gas foisted upon the US by the EPA.
Gas prices rising is also due to China, India and the rest of the third world getting our jobs and being able to afford cars.
Don't forget good old basic corporation greed.
With the democrats in congress, don't look for any relief.
If the economy is so good, why doesn't 70 grand buy a house in Chicago any more?
Every foreigner that comes here takes full advantage of our open system. Good and Bad.
We have the only " poor people " who are fat and have cell phones.
-----------------------
The govt thinks that's being on programs is better then sitting around and thinking while hungry.
Anonymous said...
WTF is up with the price of gasoline? Over $3 by my house for regular, the suburbs aren't much better in price.
What horrible world event happened to drive up the price $.50 in the last month?
I don't think the Iranian/British thing had much to do with it.
4/07/2007 11:53:00 AM
The profits of mega oil companies and Arab kings have ALOT to do with it.
And you can't blame Jimmy Carter for it this time....
It's called making a better life through personal efforts and hardwork. Try it Lefty. It works. All without help from the nanny state.
--------------------------------
In a capitilist economy you have to have poor people, and some controls are needed. or do you want a Depression?
Anonymous said...
Donahue and the FOP voted to endorse Democrats. I hope Donahue can get Madigan and Blagojevich to support the FOP residency bill.
4/07/2007 12:16:00 PM
AAAAAAA HAHAHAHAHHAHA
Too funny
Is there a white shirt out there or a clout baby that does not have a house in the City? No. And until the world revolves around them, you will live here to.
3. a list of your activity also made public
4. your awards
5. honorable mentions
6. bosses comments
All of which can be fabricated.
Anonymous said...
Gas prices are a combination of (1) lack of refinery output since we haven't built a refinery in almost 25 years, (2) Iran/British BS, (3) and the summer-blend gas foisted upon the US by the EPA.
4/07/2007 03:12:00 PM
Right, right, right. Just keep repeating the talking points. Hope they give you a free gallon of gas every now and then for your soul.
Every media outlet that I can find has covered this. Here are two supposedly "liberal" outlets:
I hereby crown your ass!!! You are who we thought you were!!!
http://money.cnn.com/2007/04/06/news/economy/jobs_march1/index.htm?postversion=2007040612
http://www.cbsnews.com/stories/2007/04/06/business/main2655458.shtml
this guy might be out there, but he make a good point.
http://newsbyus.com/
more.php?id=7773_0_1_0_M
...
To make the point that increased market value of a home is not savings, let me offer my experience of the moment in my home town, Stamford, Connecticut. Home prices in this part of Fairfield County have risen insanely, doubling or tripling in the last couple of years.
Mr. Fisher’s view is that I have substantial savings because of the big jump in the market value of my home.
He’s not alone. Stamford’s city government also thinks I have increased savings that ought to be turned over to the city via higher real estate taxes.
The city’s real estate has just been reassessed. My taxes, unless I can persuade the valuation board of appeals otherwise, are scheduled to jump 48% this year.
Now, if I had invested real cash, via foregone consumption, in an amount equal to the increase in my home’s market value, I would have income from that investment to defray the tax increase. But, unless you own a home as a rental property, it’s not an income-producing investment.
Should I have to sell my home because real estate taxes outrun my retirement income, I will confront the fact that higher real estate taxes cause home prices to drop. Those higher taxes reduce a potential buyer’s disposable income and cut the amount of the mortgage loan that he can obtain.
...
EVERYTHING IS FINE GO BACK TO NASCAR!
The average American low and middle income household has nearly $9000 in credit card debt and pays $1300 a year to credit card companies in interest.
Americans owe over $2 trillion in total consumer debt while there is over $1 trillion in approved credit that is currently unused.
According to the Commerce Department, the personal savings rate for 2006 was negative one percent, the worst showing in 73 years.
In 2005, homeowners withdrew $600 million in home equity to pay credit card bills and personal expenses.
Credit card debt has tripled since the 1990s and credit card issuers have increased the number of credit card offerings by six-fold since 1990.
great
A WAY OF LIFE AND DEBT
Student dreams, fiscal nightmares
Unless new options are implemented, the mounting burden of loans could make higher education unmanageable for many
By Alexandra Obregon
Published April 8, 2007
The day I graduated from college, May 20, 2000, was one of the happiest of my life.
Inside Davidson College's athletic complex, more than 400 graduates lined up in the hallways and proceeded into the arena, where, as is tradition, the faculty stood shoulder to shoulder in two long lines, between which we marched, pausing if we wished for one last handshake, one last thank you.
...
In 2004, undergraduates at public institutions graduated with an average of $14,671 in federal loan debt, up from $8,226 in 1993, according to the American Council on Education's Center for Policy Analysis. For those attending private colleges, the average was $17,125 in 2004 compared with $12,639 in 1993.
SCC the Econ Guru, can you explain this? If the Econ is so "great", why is the Dollar so weak?
April 5, 2007, 3:13PM
Dollar Hits 2-Year Low Vs. Euro
© 2007 The Associated Press
NEW YORK — The U.S. dollar sank to a two-year low against the 13-nation euro on Thursday, ahead of the Easter holiday, after the government reported increased unemployment.
...
The dollar fell Thursday after the U.S. Labor Department reported that newly laid-off workers signed up for unemployment benefits at a faster pace last week as companies try to cope with sluggish growth in the national economy.
New applications filed for jobless benefits rose by a seasonally adjusted 11,000, to 321,000, for the work week ended March 31.
The dollar already was weak from Wednesday, when the U.S. Institute for Supply Management reported its index of non-manufacturing business activity came in at 52.4 in March, falling from 54.3 in February.
YOU HAVE GOT TO BE KIDDING!! This got over shadowed by Matthews BS but needs to be disseminated again. And just for a little clarification, this is a very accurate representation of what happened...except (BIG SURPRISE TO ALL IM SURE) she is a F/1 not F/2.. and she is a racist cop in 023 days M.M.
-----------------------------------
That'd be a shame if she didn't get backup when she needed it....
Anonymous said...
If anything of a criminal nature happens to any of my family, while in Chicago, by the hands of an illegal alien[s], I intend to sue Daley personally, and the City, for encouraging illegals to come to Chicago, as Daley publicly deemed it a Sanctuary city. I suggest all of you do the same. Daley can be sued for punitive damages in civil court. Just request a change of venue to another county, where, hopefully, he can't fix the case with one of his numerous crooked judges. Until then, watch out for drunken illegals running you down, hit and run, and then splitting the country to hide out, probably in Mexico.
4/07/2007 11:51:00 AM
-----------------------------------
A fine idea!!
Sheriff Deputies are clout hacks that do not deserve a badge or gun.
Shit, most of them are fucking gangbangers.
You'll see them flash that big old badge looking for some play, when they are in a car with their fellow dope boys in 007!
To 9:47 Am
Try facts.
There was no budget defict until 1971. Source: CBO finance .
Stagflation was a Democratic term that was properly used against them in the 1980 campaign.
Remember W.I.N. Whip Inflation Now. This was Ford's campaign after narrowly defeating Reagan in the GOP primaries in 76.
Carter had the fundamental duty to pursue the congressionally mandated economic policies High employment and low inflation as advocated and followed by every free floating currency market in the world and even most of those that restrict the currency valuations.
The "blood" lost is much less than the blood lost on American soil every year from homicides attributed to illegal aliens-(Source US D o J).
The war is wrong because we cannot beat the people. We beat the military evey time but will eventually lose to the people because we fight for ideology and they fight for their lives.
Please stop making politcal-economic-social points without facts. It makes you look like a JACKASS!
The economy right now is irrelevant while Iraq and Afghanistan are going on. How many died and wounded do we have now? The cost in blood is the only thing we should be worried about. Secondary, how much more money are we going to spend? The total is over 500 billion and climbing. War causes inflation and the bills for these wars have not come due yet. Stagflation in the 70's was primarily caused by the Vietnam War spending. But that is just my humble opinion.
4/07/2007 09:47:00 AM
------------------------
Amen! You took the words right out of my mouth.
Right, right, right. Just keep repeating the talking points. Hope they give you a free gallon of gas every now and then for your soul.
4/07/2007 04:15:00 PM
ARE ALL DEMOCRATS COMMUNISTS??
That'd be a shame if she didn't get backup when she needed it....
4/07/2007 05:54:00 PM
-----------------------------------
It's more a shame that someone with your mentality is on the job.
SCC - how can you flaunt the economic "good news" when we all know that Bush, Cheney and Rove are in bed with their Skull & Bones cronies over at the Federal Reserve.
They are actively manipulating the economic forecasts, unemployment data and dollar valuations in order to forge ahead with their lies and their New World Order agenda....Don't you see it ?!?!!?!!?
They don't want us to know the truth because this country would come tumbling down like a house of cards if everyone knew the real data!
All Bush cares about is money - sending our kids over to Iraq and Afghanistan on the pretext that Saddam Hussein had WMDs - was only to help fatten the coffers of Haliburton.
Haliburton SCC!!! A godless, soul-less, empty bureacratic company of automatons whose only desire on earth is to erase our freedoms and make money using the blood of our soldiers.
Don't fool yourself SCC .... the Illuminati are very clever and very insidious. They called for the destruction of the WTC (and #7) because they wanted to cover up the fact that their Gold Bullion stash in the basement of Tower 2 was about to be discovered!
Bush and this Government are the biggest evils that this world has ever seen and the sooner you wake up to the realization that we're living through Orwell's "1984" the sooner you can start seeing conspiracies everywhere.
Like right now they're conspiring to "make the world safer and to establish a democracy in Iraq"... Ha! What poppycock. What they're doing is enslaving us all - that's right! We're being sucked into this Venti-sized War Machine; just like viet nam all over again.
We're killing innocent civilians, bombing hospitals and murdering puppies. Like John Kerry said, our troops are no better than the marauding Ghengis Khan. Like Dick Durbin said, our troops are Nazis and Gitmo is just one step above a soviet gulag.
Wake up, Man. Quit carrying water for Bush, put down the kool-aid and start hating America and all she stands for. That way you can say "I support the troops, but not anything they're doing."
Embrace your Democratic-side!
I'm Rue St. Michel and I endorse this message.
Regarding the second post
First, we are not allowed to advocate for a defendant in a criminal trial unless subpoenaed by the defense lawyer.
In that case, we must notify the State's Attorney, our Unit C/O, and the IAD by To-From and attach a copy of the subpoena. So that we are not guilty of conflict of interest
Secondly we are not allowed to hold ourselves out as agents or representatives of the City of Chicago except as it relates directly to the scope of our employment.
Should this conduct actually have occurred and come to the attention of the IAD,( and I hope it does) she will be in loads of administrative and possibly civil and legal trouble.
And as far as Im concerned assuming this occurred, those are fitting and just desserts
If the economy is so good, why doesn't 70 grand buy a house in Chicago any more?
4/07/2007 04:04:00 PM
DUMBEST POST EVER
Since 9/11 over 80,000 people have been killed worldwide by terrorists...NONE in the United States. Bush said we'd take the fight to them and that's just what he did.
Unemployment is approaching record lows.
The stock market is approaching a record high. Unless you invested like a complete idiot your Deferred Comp should be soaring.
Home ownership is at a record high. Home ownership by minorities has soared.
Taxes are way down. Don't believe that "Bush only lowed taxes for the rich" crap. Check your own taxes....they're down....are you rich?
Quarter after quarter revenues are up....way up. At this rate the deficite will disapear in 5 years.
The problems here are your own fault you elected the Democrates (like FOP told you to do): governor, mayor and county board president.
STOP LETTING THE MEDIA AND YOUR PRECINCT CAPTAIN TELL YOU WHAT TO THINK. CHECK THINGS OUT FOR YOURSELVES.
The economy is doing so great every copper I know is working one or two side jobs, just to keep their head above water. I wonder if all these guys were stuck with just living off of their city checks would endorse this belief.
WOW,just got done watching the "10 Commandments" on abc7 for the 50th time; still a great movie, carried by great American actors including Chuck Heston, Yul B, E.G.R. etc.
Would I love to see all u liberals gathered in daley's plaza quivering just as Chuck/Moses is about to throw those tablets at you!
There must be A good person or 2 in power at ABC who always shows that movie during Easter; my hats off to u!!
Has anyone EVER heard a national democrat propose a policy plan that mentions VICTORY?
Not now, not in viet Nam. That party is now being run by the same rats that were throwing shit at the police in chicago in 1968.
"Kids" fighting our wars? I wasn't aware that we were sending Kids to fight. I was under the misapprehension that we were sending volunteers, men and women.
GAS PRICES: I wonder if the fact that the liberals wont let us drill for oil off our coasts or in Alaska might have anything to do with it?
Mayber the fact that liberals have stopped all construction of atomic energy plants in the US might have a little to do with it.
Maybe the fact that liberals have prevented the construction of any new refineries in the US for the last 16 years?
Think?
Hey SCC, is that the real RUE, or an imposter?
Yea Bush & crew made mistakes, but so did FDR/Truman during WW2. We lost almost a thousand guys just rehearsing D-Day.
The world is bitchen about the British sailors saying what they had to say to avoid being beaten and kept in custody for years; does anybody remember our allowing our embassy being taken in 79 and our people being held for over a year?
SCC, should Rue's site be endorsed anymore by u?
43 months? Hmmmm...that takes us back to September 2004. Three years after 9/11 we started to recover the jobs lost. Have we matched the pre-9/11 jobs yet? Hell, Bush hasn't even created enough jobs making proper equipment for our troops.
I like the Chipmunk President Bush from Saturday Night Live tonight much better.
gasoline anaylsts have stated numerous times we have enough oil in alaska to alst us well over 100 years but thanks to liberal assholes we cannot drill! they worry about the caribou but where they want to drill there is no caribou or any life that would be destroyed! canada is mining oil shale from sand, why can't the U.S. drill and tell the libs screw it! with the wicked witch pelosi who went to syria and should be imprisoned for treason for violating U.S. law we are in serious trouble! elect an osama obama and the lawlessness of daley and the rest of the dem crew will be insurmountable!
SCC is posting that the jobs are at an all time high and a very smart poster (sarcasm) still wants to send all the Mexicans back. If we have such low unemployment, (I am not the smartest guy here) doesn't it mean that there are jobs for all the Americans and legal residents who want work. Who are the illegals taking a job from?
ooooh Im glad to hear that MM is the one involved in the request to lower the bond
I hope that the IAD swoops in on this one like an F-16 and breaks it off right in her rather large rump
If the economy is so good, why doesn't 70 grand buy a house in Chicago any more?
Where are you getting your ideas about the ecomomy, from spongbob? Housing values go up almost in a direct reflection of the economy as a whole and the ability of the market to set the values. Example, in 1983, I bought a 2 bedroom georgian in Beverly for 43, 000. Nice and cheap huh? The fucking interest rate was 18%. I sold it 4 yrs later for 48,000 and at that time interest rates were about 9%. Now houses are expensive, and interest rates are low. In addition, values are set based upon location and whether it is a buyers or sellers market. Recently, and nationally there has been a leveling if not a drop in housing values, (which is reflected in a slowdown in new home building) which has not really hit here, unless you count the lakefront buildings which have had a slowdown in sales. And even with that there are new housing (condos) starts all along the lake. I have to admit that that is a mystery to me.
The other mystery to me is how in the fuck you get through your day if you are dumb enough to make a statement like that.
The other poster was right. The 70 thousand comment was the dumbest thing ever.
wake the fuck up.
MM is totally running with the GD's. Rascist piece of shit,hates the police, gives aid and information to offenders brought into 023... beware of her, if she shows up on a job for a search, request another female copper!!!
Hey 11:28, take it easy - My post was pure sarcasm. I was parodying the Leftist WingNuts who see a cynical conspiracy behind every American initiative.
As I was typing that, I couldn't keep a straight face!
Anonymous said...
Regarding the second post
First, we are not allowed to advocate for a defendant in a criminal trial unless subpoenaed by the defense lawyer.
Thank you for the insight. I'd like to see the G.O/S.O. that addresses this to educate myself further.
I find it ambiguous that our Mayor can make statements to the public addressing his opinion and/or providing a character reference for recently indicted Al Sanchez and yet we are held to a different standard. Don't you?
4/07/2007 03:02:00 PM
Hey Moron. Bottom line is as an officer you stay out of it. If you want to say something, maybe, you try it at sentencing. The bottom line is this officer fucked up two robbery convictions. The DC of 023, her Capt. or IAD should be looking into this. Speaking uo for the shithead???? Like we don't have enough to deal with. Hopefully she gets what she deserves.
The economy is doing so great every copper I know is working one or two side jobs, just to keep their head above water. I wonder if all these guys were stuck with just living off of their city checks would endorse this belief.
4/07/2007 11:14:00 PM
That's bullshit! The problem with many coppers is that they live waaaay above their means. Stop buying new SUV's, motorcycles and wave runners/boats, maybe that $60k+ pay check will carry you a little further!
And yes, that $800,000 McMansion might be out of your reach for a while. Deal with it or get a new job! Go work a real job ( you know, one that actually requires physical work above and beyond driving in circles all night on the City's dime)!
Serioulsy, anyone who is crying about their paycheck on this job needs a reality check.
Start shopping at Aldi and quit yer sniveling!
My question is;how many of the jobs created pay living wage? And how many are low wage mcjobs like Wal-Mart? It seems to me we're still watching alot of high wage jobs going overseas being replaced by mcjobs with low wages and no benefits. Add to the fact that illegal aliens presence in this country drives down wages lowering the standard of living for many Americans. The economy IS good if you're a stockholder or sit on the board of a fortune 500 company. The rest of us are treading water or slowly sinking.(financially speaking.)
Anonymous said...
If the economy is so good, why doesn't 70 grand buy a house in Chicago any more?
4/07/2007 04:04:00 PM
DUMBEST POST EVER
4/07/2007 10:55:00 PM
What's the matter baby? Can't sell your 80 year old bungalow for $450,000?? Why not up to an even half a million, some lawyer or doctor would LOVE to live in your 1,000 sq ft run down POS.
No problems here...everything is just fine....
The Housing Crunch
Tales from the boom, the bust and points in between.
The economy right now is irrelevant while Iraq and Afghanistan are going on. How many died and wounded do we have now? The cost in blood is the only thing we should be worried about. Secondary, how much more money are we going to spend? The total is over 500 billion and climbing. War causes inflation and the bills for these wars have not come due yet. Stagflation in the 70's was primarily caused by the Vietnam War spending. But that is just my humble opinion.
4/07/2007 09:47:00 AM
What are you, a moron? Probably a Democrat. The Arab oil embargo caused most of the problems of the 70's. Why do you think oil now goes up over every little blip in the middle east? Iran needed some cash to pay for the technology it's getting from Russia, what better way to get it than to take British soldiers hostage to cause further chaos in the region and raise price of oil. And you foolish democrats still dont want us to become less dependent on mid east oil by allowing drilling in Alaska. Democrats (Pelosi) are useful idiots to the terrorists. Now that I got that off my chest I'm gonna have some Easter dinner, Happy Easter to all even though we know all you lefties are athiest.
Economy rolling along…over the cliff.
Hello SCC, I see you’re still as endearingly confused as ever. Let’s have some fun with numbers shall we?
I’ll begin with the average growth rates in five key economic areas and compare them with the latest figures from the Bureau of Labor Statistics. Those categories are: GDP, employment, equipment & software investment, residential investment, and corporate profits—the Big Five.
GDP: average growth- 3.8% / current- 2.7%
Employment: average growth- 1.9% / current- 0.5%
Equipment & Software: average growth- 7.6% / current- 2.3%
Residential investment: average growth- 6.0% / current- 3.5%
CORPORATE PROFITS: average- 7.3% / CURRENT- 12.1% (1)
Now let’s take a closer look at that job “growth”. According to the Economic Policy Institute, “Factory employment continues to erode, falling 16,000 last month, the ninth consecutive month of job losses. Over the full business cycle, manufacturing is down 2.8 million jobs, or 17%”. This in addition to the fact that, “at this same stage in the last business cycle, manufacturing employment was down 3% in comparison”. Their report concludes with these startling facts: Had the job growth of this business cycle (4%) equaled that of the last (9%) the nation’s payrolls would have added 12 million jobs as opposed to 5.1 million. In fact, the jobs added during this cycle is lower even in raw numbers than the 8.6 million jobs added during the 1960s recovery—a time when the payroll base was LESS THAN HALF of today’s level (2).
MORE FUN WITH NUMBERS
There are approximately 114 million households in the US today of which the wealthiest 1% make up 1.4 million. The latter receive between 19 and 21.5 percent of the nation’s annual GDP. Furthermore, this 1% holds more than 35% of the country’s assets and wealth, about 17 trillion dollars. This group owns 51% of all stocks and 70% of all bonds, own homes worth more than 3 million, and have a net worth of at least 6 million. You think they’ve done well? The top 0.1% (140,000 households) and the top .01% (only 14,000 households) have done even better. In contrast, the bottom 50% of American households—60 million families—own 2.5% of the country’s assets and wealth. And the rest of us working stiffs? The real wages of 100 million workers are less today than in 1980 when Ronald Reagan took office--a quarter century pay freeze (3).
Weren’t those massive tax cuts for the rich in 2001 and 2003 supposed to address these disparities? When will the joy “trickle down” to the rest of us?
How does our “growing” economy look in this light SCC? It would seem that since the Reagan Revolution the rich just keep getting richer. How's that Kool-Aid buddy?
SOURCES:
(1) Bureau of Labor Statistics and the Economic Policy Institute
(2) Jared Bernstein of the Economic Policy Institute
(3) Jack Rasmus Z Magazine Online volume 20 number 2
This was a good but not fantastic set of numbers. But remember that 2.1 million households missed a mortgage payment in the last quarter of 2006. People are clearly struggling in spite of low unemployment rates. Look at the jobs we are creating. Yes construction (higher paying jobs) rebounded but much of the real growth is in leisure and hospitality, which are very low paying jobs. But that is just the jobs picture.
"Yea Bush & crew made mistakes,"
There's the understatement of the year. GI's Die for Bush lies...
Sorry RUE, I read your site all the time & should've known. Was stiff when I read your rant. I withdraw my complaint........
My question is;how many of the jobs created pay living wage? And how many are low wage mcjobs like Wal-Mart? It seems to me we're still watching alot of high wage jobs going overseas being replaced by mcjobs with low wages and no benefits. Add to the fact that illegal aliens presence in this country drives down wages lowering the standard of living for many Americans. The economy IS good if you're a stockholder or sit on the board of a fortune 500 company. The rest of us are treading water or slowly sinking.(financially speaking.)
4/08/2007 02:18:00 PM
Ameritrade; buy stock for $8 per trade. If your sinking; why didn't you buy stocks instead of that SUV or newest cell phone.
"Yea Bush & crew made mistakes,"
There's the understatement of the year. GI's Die for Bush lies...
4/08/2007 07:34:00 PM
If Rosie tells you to say Bush lied then you should should be a good little bitch and keep repeating it. Don't bother to check the facts for yourself.
Anonymous said...
4/07/2007 03:02:00 PM
Hey Moron, Bottom line is as an officer you stay out of it. If you want to say something, maybe, you try it at sentencing. The bottom line is this officer fucked up two robbery convictions
WTF are YOU talking about oh BRIGHT one? Go back and read the original post
"and started it off by using the 23rd Dist's address and her title and name and then went on to ask the judge to lower his bond"
Agreed, she should have stayed out of it. But how does her letter "fuck up two robbery convictions" at a bond reduction hearing when the case hasn't even gone to trial?
ColdType, my arch-nemesis....out scaring the children again I see with voodoo economics.
First I would suggest you get a better source for your numbers. The EPI is a "progressive" Washington Think Tank with a stated objective of seeing that income gets redistributed. Their Marxist leanings color their economic forecasts therefore you'd have to take what they say with a grain of salt the size of 350 straight block.
You know that we've been losing manufacturing jobs since the 1980's, right? So what is the big surprise there? You act like it just started happening during the last quarter.
And as far as your "numbers" go, What is "residential investment"? Is that new home starts, mortgage rate projections, new home purchases, refinancings?
Employment growth of 0.5% seems decent to me...what's the problem there?
And why does "Equipment & Software" get listed in the equation? I was VP of my Economics club in college and I've never heard of any "BIG FIVE" list of economic indicators.
It is good that corporate profits are up because that means more tax revenue to shore up the billions that are going to our socialist entitlement programs to the "underprivileged"
I'm not saying that you're making this stuff up but I think that it appears as if you've grabbed onto a source that isn't looking at the big picture, ecomically of course. The EPI has an agenda and that is to demonize the rich and big corporations as the bad guys. "They're not paying their fair share" is the biggest load of crap I've heard lately.
The top 1% of wage earners in the US account for 50% of tax revenues. Bush's personal income, capital gains and dividend tax rate reductions have created economic growth, significantly increased government tax receipts, and reduced the federal deficit by nearly $130 billion.
As the New York Times was forced to admit in its front-page headline on July 9 (2006), a "Surprising Jump in Tax Revenues Curbs U.S. Deficit." But it isn't surprising at all; the truth is that when tax rates go down, economic activity goes up.
Sources here.
Sorry, as I know the following will offend many, however, I feel the need to set something straight.
America does NOT have a draft. Has not had a draft in a long time.
On the most basic level, the job of the military is to attack and defend. During that mission, it should be expected that americans are going to die. The fact that they take this risk is the reason we, as a society, afford them a general level of respect above the average citizen, all other things being equal.
At current, we have soldiers being killed overseas. And???
They knew, or should have known, what the possibilities were when they signed on the line.
If they thought they were only there to learn a trade, they are wrong.
If they thought they were only going to be a clerk in camo, they are wrong.
During peace time, they are over-paid. During war-time, they are under-paid.
Such is the life of a soldier and they know this going in to it.
Soldiers are in Iraq because Americans voted in the guy who said "I want soldiers in Iraq".
It does not matter WHY he wants soldiers in Iraq.
"If Rosie tells you to say Bush lied then you should should be a good little bitch and keep repeating it. Don't bother to check the facts for yourself.
4/08/2007 09:30:00 PM"
No WMDs
No Enriched Uranium from Niger
No Links to Al Quada
Fabricated Intelligence
Colin Powell admits lying to the UN
3200 Dead & Counting, 15,000+ Wounded
The only Bitch is the Sheeple gullible with blind loyalty to Bildo& Hannity.
Go iron your Brown Shirt, Fascist!!
And yes, that $800,000 McMansion might be out of your reach for a while. Deal with it or get a new job! Go work a real job ( you know, one that actually requires physical work above and beyond driving in circles all night on the City's dime)!
Typical asshole response. WAWAWA. Cry like a baby. It's ok for me but not for you.
Exaggerate everything. Short of living in the ghetto, which YOU would not do, a new copper can't afford this town. Just who do you think you are going to sell your house to? Some rich lawyer or doctor? ok pal. If you are that dumb, you're bound to make sgt before that happens.
There are not many more jobs that make as much as we do, and we are not asking for a $800,000 McMansion and you know it asshat.
SOURCES:
(1) Bureau of Labor Statistics and the Economic Policy Institute
(2) Jared Bernstein of the Economic Policy Institute
(3) Jack Rasmus Z Magazine Online volume 20 number 2
4/08/2007 05:53:00 PM
Quit making sense. You are upsetting the Shiny Happy People.
They should all just get better jobs, right?
First I would suggest you get a better source for your numbers. The EPI is a "progressive" Washington Think Tank with a stated objective of seeing that income gets redistributed.
yes, yes, indeed. to learn the "the real truth" we should just ask Bush II how well things are. He wouldn't LIE to us would he???????
And why does "Equipment & Software" get listed in the equation? I was VP of my Economics club in college and I've never heard of any "BIG FIVE" list of economic indicators.
You should not be posting then.
Now houses are expensive, and interest rates are low. In addition, values are set based upon location and whether it is a buyers or sellers market. Recently, and nationally there has been a leveling if not a drop in housing values, (which is reflected in a slowdown in new home building) which has not really hit here,
...Yet. The star furthest from the black hole will just be the last to get sucked in.
Hello Ruester. Voodoo economics? Hardly my friend, just plain facts. By the way, Bush the First would coin the term “voodoo economics” in response to the disastrous economic policies of Ronald Reagan and his cohorts, the administration which ran the highest deficits in this nation’s history—until Bush the Second came along that is. But I digress.
“You know that we've been losing manufacturing jobs since the 1980's, right?”-RSM
Right. This of course coincides with the arrival of Ronald Reagan and the neo-liberal “revolution” which subsidized capital flight and the relocation of corporate manufacturing operations to the Third World where tyrannical, US supported regimes kept workers in line by banning unions and killing labor organizers. The fact that jobs in the manufacturing sector along with real wages generally across the job spectrum have been declining for the past quarter century—the neo-liberal era—is precisely my point. Thanks for clarifying it.
“Employment growth of 0.5% seems decent to me...what's the problem there?”-RSM
The problem is that it represents a DECLINE in actual job growth of nearly two thirds. Previous business cycles averaged an employment growth rate of 1.9%.
“And why does "Equipment & Software" get listed in the equation?”-RSM
Why shouldn’t it? Software development and computer manufacturing isn’t important to an industrial society? Asia is whipping our ass in this area. India, South Korea, and Japan all produce more engineers than the US and in the area of software engineering it isn’t even close. China is rapidly filling up our rearview mirror.
“What is "residential investment"? Is that new home starts, mortgage rate projections, new home purchases, refinancings?”-RSM
Yep, pretty much all of the above.
“The EPI is a "progressive" Washington Think Tank with a stated objective of seeing that income gets redistributed.”-RSM
Sorry buddy but it just won’t wash. EPI merely publishes then interprets the government’s own statistics—particularly the ones that get short shrift from the mainstream corporate media. They don’t “create” numbers from thin air. As far as campaigning for a more equitable distribution of the nation’s wealth, well, if polls are to be believed, that only puts them with the majority of public opinion.
“It is good that corporate profits are up because that means more tax revenue to shore up the billions that are going to our socialist entitlement programs to the "underprivileged”-RSM
Actually the precise opposite is true. Corporate profits go into corporate coffers. Team Bush has slashed more taxes for corporations and the rich than any previous administration, while subsidizing further profit opportunities with increased tax dollars for “defense” spending—essential for our imperial conquests abroad.
Stay safe.
Maybe for jobs at mcdonalds and fast food joints well paying jobs are scarce! look at the American auto industry in the shitter!
A really obscene story about the economy is the package the C.E.O. of FORD got for 4 months on the job.
Ford paid former Boeing Exec. Alan Mulaly was paid $28.18 million in cash, stock and whatever while Ford posts losses and lays off workers.
Think about that when you buy a car, or get into a Ford squad car.
One commentator said that's what you have to pay to get that kind of talant. I bet I could have done just as good of a job and I would have settled for half that.
If Ford hired some of the exempts that run our department the whole company would have gone the of the Edsel.
This is an expansion based upon two things & only two things:
1-massive liquidity that's artifically reduced the cost of credit making a credit/mortgage bubble in the form of RE prices that are uncoupled from fundamentals that will take years to revert to the mean (i.e. require a substantial contraction).
2-Out of control gov't spending (supported by BORROWING at the same artifically contrived low rates that are causing a housing/credit bubble) on the military industrial complex for a contrived conflict that we will be paying for decades in the form of interst payments on the debt and billions in health care for all the injured veterans.
This is the SHALLOWEST expansion/recovery ever for the above reasons. The Clinton expansion was also based upon an artifical bubble in the form of the dot.com/bomb/gone bubble. But at least it was in the face of declining national/gov't debt/spending. When you spend 4-5 trillions of other pepole's money in a 6-8 year time frame you're going to stimulate the economy. But when you've got to pay it back you will dampen the economy.
The coombination of a post Bush Administration/Military Conflict contract in gov't spending in combination with a post RE/Credit bubble burst will result in the deeper and stronger contraction than the US economy has ever seen.
Mark my words.
But a recent study by Fidelity Research Institute offers a longer-term dose of reality, noting that inflation-adjusted returns on a dollar invested in residential real estate from 1963 to 2005 have been only slightly better than returns on low-risk Treasury securities over the same period. Stocks performed much better as an investment, averaging a return of 5.95 percent versus 1.35 percent for residential real estate. Even in the Northeast and the West Coast, where the growth in real estate values has been the highest, stocks and bonds beat real estate.
If that seems surprising to you it may be because we often use selective memory when we think about our homes as an investment. I've often bragged about buying my house -- now valued by the city at $730,740 -- for $42,000 in 1972. That makes me feel pretty smug, until I think about all the additional money I've invested. There was the nearly $100,000 loan in 1978 for renovations; the assets I gave up in return for my ex-husband's share of the real estate, and many thousands of dollars spent over the years for insulation, appliances, windows, doors and other upkeep. On top of that, there's the interest I've paid on the mortgage and home equity line of credit. After several refinancings, my current mortgage is for more than five times the original price of the house, albeit at a low-interest rate.
Dallas L. Salisbury, the head of the Employee Benefit Research Institute, says it's fair game to count your house as part of retirement assets as long as you also factor in related expenses. And "if you count it, you have to make sure you're focused on the fact that, when push comes to shove, you still need a place to live." A new home, though smaller, may wipe out most of your gains.
No WMDs
No Enriched Uranium from Niger
No Links to Al Quada
Fabricated Intelligence
Colin Powell admits lying to the UN
3200 Dead & Counting, 15,000+ Wounded
The only Bitch is the Sheeple gullible with blind loyalty to Bildo& Hannity.
Go iron your Brown Shirt, Fascist!!
4/09/2007 12:50:00 AM
No WMDs - Hmmmm did both Clintons lie about this? Did Kerry lie? How about Gore? Wrong info but no lie.
No Enriched Uranium from Niger - read the 911 report. Joe Wilson told them there were attempts by Iraq to purchase uranium. Under oath he told the truth, in the NY Times he lied.
No Links to Al Quada - on 9/11 the second in command was in Iraq
Colin Powell admits lying to the UN - obviously you think that just because an African-American is misinformed that he is a liar.
Pick up a news paper, read a book, think for yourself.......stop letting George Cloony tell you what to think. And above all stop being a racist.
Hey coldtype,
NAFTA under Clinton.
Those terrible deficits under Reagan were a result of higher domestic/social spending as well as military. Domestic/social spending higher than any president.
Given your socialist beliefs I don't think you were advocating cutting that social spending.
I have been on the dept for 10-15 yrs and am a sgt. I have around 900k in net assets which will be over 1M within 1 year and grow accordingly. This is becoming more of the norm for those that choose the better life thru investing.
Nationwide Retirement estimates that 85% of the dept are now investing in deferred comp.
"The stock market is becoming the most important part of every American's personal wealth"
70 % of Americans have direct investment in the stock market. Both Taken from CNBC web.
Given that Wal-Mart hires 600,000 new hires per year (only 50,000 net) with an average wage at $9.70 what were the jobs that were destroyed in the mom&pop sector paying? Less of course.
I believe that you believe in the socialist views of Chomsky. However, As I have stated before you have unlimited freedom to hire people in whatever field you choose to do so along with those that support your beliefs. Americans demand inexpensive products Wal-Mart provides them. 100 million people go thru their doors every WEEK.
Open a business and compete rather than mandating how other people run their business.
The full year following tax cuts produced higher tax receipts every time going back to Kennedy.
The full year following tax increases decreased revenue 3 of the last 4 times The exception was in the clinton years when the tax was retro-active (the first time in history). However, the following year after the first year the revenue increase from the tax was only .4 percent while the economy grew by 4.3 %
This source is from CBO.
Take your money and invest become more involved in creating your own economic situation than on mandating government intervention for every person who fails or is unable to for themselves. You can choose to give those poor souls your money but please, please, please leave my money alone.
That'd be a shame if she didn't get backup when she needed it....
4/07/2007 05:54:00 PM
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It's more a shame that someone with your mentality is on the job.
4/07/2007 10:07:00 PM
when she gets on the air I step all over her transmissions... could be nothing, could be calling for help ... dont know dont care... maybe she can call the shit head kid to return the favor... fuck her and all those who defend the nasty bitch!
Violation of G.O. I hope to have a copy of the letter by Monday evening. I will post ASAP.
4/07/2007 01:13:00 AM
Take a look at a CPD Rules & Regulations book. Specifically, the "Standards of Conduct" section and it is clear that this officer violated several of those standards. She is in direct violation of Rule 2: "Any action or conduct which impedes the Departments's efforts to achieve its policy and goals or brings discredit upon the Department". There is a comment section for Rule 2 which further explains this rule--and I believe it certainly applies to her. A CR should be obtained.
Ya, many jobs at the Gap folding sweaters for $6 an hour.
What about our industrial base you libertarian free-trader?
SCC - since you posted the piece - what about it?
Lots of jobs Walmart Kmart Target kohls ring a bell! Where are all of the good jobs? Are you connected if not work for nothing!
If you can't find a decent job it is nobody's fault but the person you look at in the mirror. This is the most open economy in the world. Bust your ass and get ahead.
adapt to the world. Industrial/blue collar manufacturing jobs are on the decline. So educate yourselves take advantage of the limitless opportunities in this country.
That said, no system is perfect.
Good idea....forget the service economy and go back to an industrial base. Guys putting fenders on cars will make $130,000 per year. Cars that no one will buy. And lets tax Microsoft to the max so they will take those stupid service jobs off shore. The Gap is an entry level position. If your an adult and still working thereoy u have to ask yourself why. Maybe you should go back to school or take the Police test. Or do you think we should increase the pay at the Gap to $25/hour? So a T-shirt cost $95?
"Colin Powell admits lying to the UN - obviously you think that just because an African-American is misinformed that he is a liar."
Typical contard playing the race card when the facts tell you otherwise.
He was the Secy of State. His race is irrelevant,being a 4 star former JCS is.
15 of the 19 911 Hi-Jackers were SAUDI,meanwhile your Lord W takes long walks w/Prince Saud holding hands& kissing him on the mouth.
Apparently you like that sort of thing in your Commander in Thief.
15 of the 19 911 Hi-Jackers were SAUDI,meanwhile your Lord W takes long walks w/Prince Saud holding hands& kissing him on the mouth.
Hmmmmm....Are you saying we should go to war with Saudi Arabia? If they were African-American I suppose you would want to go to war with Africa?
15 of the 19 911 Hi-Jackers were SAUDI,meanwhile your Lord W takes long walks w/Prince Saud holding hands& kissing him on the mouth.
Apparently you like that sort of thing in your Commander in Thief.
HEY, I HEARD SEAN PENN AND MADONNA SAY THE SAME THING.
For-sale signs in a Miami neighborhood of million-dollar houses. Prices are dropping, but in some areas, real estate remains overvalued.
By ABBY GOODNOUGH
Published: April 8, 2007
MIAMI, April 7 — State tax revenues around the country are growing far more slowly this year and in some cases falling below projections, a result of the housing market slowdown that has curbed voracious spending on real estate, building materials, furniture and other items.
Colin Hackley/Tampa Tribune, via Associated Press
Gov. Charlie Crist of Florida, speaking in January, anticipated cuts in spending and proposed property tax relief for state residents.
Nowhere is the downturn more apparent than in Florida, where tax revenue is projected to drop this year for the first time since the energy crisis of the 1970s.
But other states, especially those where housing prices soared in recent years, are also seeing their collections slow, especially in the sales and real estate transfer tax categories. While the economy remains generally strong and it is too early to predict whether the housing slump will have long-term effects, some states will have to adjust their wish lists.
For example, New Jersey could face a $2.5 billion shortfall by mid-2008, Gov. Jon S. Corzine has said, and may lease its turnpike or its lottery to a private company to raise money. In California, where income tax receipts in January were $1 billion less than forecast, a nonpartisan legislative analyst has urged budget cuts and warned that the state could have about $2 billion less in revenue this year and next than Gov. Arnold Schwarzenegger has projected.
“It’s the year of the housing hangover,” said Sean M. Snaith, director of the Institute for Economic Competitiveness at the University of Central Florida.
"Are you saying we should go to war with Saudi Arabia? If they were African-American I suppose you would want to go to war with Africa?"
Saudi Arabia is a Dictatorship rife w/Human rights violations& abuses. SA is a Wahabist government that gives tacit approval to Radical Clerics preaching Jihad. It's been documented they've have paid off terror groups (Al Quaeda in particular) to prevent attacks on Saudi soil, hasn't worked though.
Even hear of the Bin Laden Group construction conglomerate, Ring a Bell?
If we're going to be Freedom Evangelists, common sense dictates we strike Nations that harbor& provide financial support to these groups?
Perhaps you have your heads too far up the collective asses of Bildo,Hannity& Coulter and their ilk to see THE REAL ENEMY...
Even hear of the Bin Laden Group construction conglomerate, Ring a Bell?
Ahhhh now I get it. Attack family members and business owned by relatives of terrorists. Good plan!
hmmmmmmmmmmmm
Jobless claims rise dramatically
By MARTIN CRUTSINGER, AP Economics Writer
26 minutes ago
WASHINGTON - The number of Americans filing new claims for unemployment benefits rose last week to the highest level in two months.
The unexpected spike was blamed on the Easter holidays rather than fundamental labor market weakness.
The Labor Department reported Thursday that applications for jobless benefits totaled 342,000 last week, up 19,000 from the previous week.
The increase, which followed a rise of 13,000 the previous week, was much larger than forecast and pushed total claims to the highest level since the week of Feb. 10.
To above poster - read the second line of your post:
The unexpected spike was blamed on the Easter holidays rather than fundamental labor market weakness.
Guess it's still rolling along.
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