7.8%

pandora

I heard this weekend that Georgia's unemployment rate is 9.2%.
this the third straight month over 9%, so now our state emergency unemployment funds
can come into play and provide benefits for those not employed. How much is this
costing the state? How much as an employer will my SUTA rise to cover
emergency funds and replace them for future needs?

Our President has been unable to make a dent in unemployment.

Romney claims to be able to create 12 million new jobs ...
taking a chance on that might be the thing to do.

PJ_Soul

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.
this the third straight month over 9%, so now our state emergency unemployment funds
can come into play and provide benefits for those not employed. How much is this
costing the state? How much as an employer will my SUTA rise to cover
emergency funds and replace them for future needs?

Our President has been unable to make a dent in unemployment.

Romney claims to be able to create 12 million new jobs ...
taking a chance on that might be the thing to do.

Romney will say ANYTHING. He basically pulled that number out of a hat!

pandora

PJ_Soul wrote:

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.
this the third straight month over 9%, so now our state emergency unemployment funds
can come into play and provide benefits for those not employed. How much is this
costing the state? How much as an employer will my SUTA rise to cover
emergency funds and replace them for future needs?

Our President has been unable to make a dent in unemployment.

Romney claims to be able to create 12 million new jobs ...
taking a chance on that might be the thing to do.

Romney will say ANYTHING. He basically pulled that number out of a hat!

It's a great number!

PJ_Soul

pandora wrote:

PJ_Soul wrote:

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.
this the third straight month over 9%, so now our state emergency unemployment funds
can come into play and provide benefits for those not employed. How much is this
costing the state? How much as an employer will my SUTA rise to cover
emergency funds and replace them for future needs?

Our President has been unable to make a dent in unemployment.

Romney claims to be able to create 12 million new jobs ...
taking a chance on that might be the thing to do.

Romney will say ANYTHING. He basically pulled that number out of a hat!

It's a great number!

:fp:
Romney will not be able to create jobs any better than Obama can. In fact, Romney knows more about destroying them, so I'm not sure why anyone would fall for his fantastical 12 million jobs crap. What he's a really saying is that he has basically come up with a way to irradicate unemployment. He just knows that if he says it like that no one will believe him (especially given his track record). So why do people believe him when he spouts a ridiculous number?? It seems very illogical to me that anyone would look at that claim as anything other than pure garbage. I literally laughed out loud when I first heard him say that!

DriftingByTheStorm

I'll just post this in response to the claims that i'm a glen beck\alex jones doom-crier ...
oh ... and the gold market is surely a joke, but not because of corner store hucksters selling metal to ma, pa, and joe blow. ... here:

TFMetalsReport.com
Monday, October 8, 2012 at 11:31 am
At the corner of Copperfield and Blaine
Monday, October 8, 2012 at 11:31 am
What a joke all of this is. It's all just an illusion. A manufactured theater of disbelief where the magicians convince you ignore your senses, distrust your eyes and rein in your sensibility. The current performance includes such mind-blowing feats as:

*The U.S. stock market is fast approaching a return to all-time high levels. Not because of corporate profits or any other, fundamental driver. Nope. In a market where over 80% of all trading volume is simple High Frequency Trading and "regular" investors have fled for the "safety" of cash, the stock market has become nothing but The Greater Fool Theory, writ large. One computer buys an issue in the hope that some other computer will buy it next, at a slightly higher price. What was once the greatest, most fair market in the world has been reduced to this: No price discovery, no efficient allocation of capital. Just bullshit computer gaming.

*For decades, the U.S treasury market rose and rallied because of a circular pattern of capital. The U.S. consumed nearly everything the world could produce and sent dollars careening around the globe in purchasing those items. Those dollars then returned to the U.S. when the producing nations purchased treasuries and were then used to finance the next subsequent, higher level of debt. It was all well and good until the music stopped. As it became clear that this couldn't go on forever, the "creditor" nations stopped buying treasuries. Faced with the prospect of rising rates and increased interest costs, official U.S. policy has become one of self-monetization. In 2013, The Fed will issue over 1,000,000,000,000 in dollar credits to the Primary Dealer banks. Those banks, in turn, will purchase treasuries at auction, thereby funding about 80% of the projected 2013 federal budget deficit.

*How about the appearance of currency stability through relative valuation and pegging? Is the dollar getting stronger or is the euro getting weaker? Conversely, if Fed policies lead to dollar weakness, shine the media spotlight on the euro in order to help the USDX find a bid. If your currency rises against your wishes, print a bunch of it like the BOJ or maybe peg it to some other fiat like the SNB.

The key to the game is to win the day and maintain the illusion a little longer. Future consequences be damned. All that matters is today and this week.

And this leads us to gold and silver. The prices of these metals have been manipulated and controlled for decades. Why, you ask? Again, it's all part of the illusion. What would the metals be telling you if gold was priced at $6,000/ounce, up from $3000 two years ago? And what would this signal about inflation and the relative quality of "establishment" money? If gold was shown to be more valuable that U.S. treasuries, would the 10-year bond still be yielding under 2%? If general inflation was accurately being reported at 10%, who in their right mind would lock up funds in a 30-year treasury at 3%?

So, here we are on this beautiful, early autumn Monday. Back on Friday, we were told that The Gold Cartel has shamelessly been allowed to create 2,500,000 ounce of gold from thin air in the time since the announcement of QE∞. Even more grotesque is the acknowledgment that, over the same time period, The Silver Cartel has created 70,000,000 ounces of paper silver. Our regulators, those arbiters of free and fair markets, simply avert their eyes to this crime in progress.

After reviewing Friday's CoT and the latest Bank Participation Report, Ted Butler has concluded that JPMorgan alone now holds short 34,000 contracts of Comex silver. If forced to deliver, this is the equivalent of 170,000,000 ounces or about 20% of the world's production for 2012. Additionally, after excluding the amount of open interest that comes from spreads, JPM now controls (on the short side) over 33% of the entire Comex silver market. If you add in the positions of their three largest partners in crime, the size of their position rises to over 50%! Think about this for a minute...Four banks control, on the short side, over 50% of all open contracts for a globally-important, industrial and monetary metal.

Again, the hopelessly-inept and likely-corrupt CFTC dawdles and does nothing. Can you imagine the outcry if four hedge funds managed to accumulate a 50%+ position in S&P futures? Or how would it play out if four countries had control over 50% or the crude oil market? But the CFTC turns a blind eye and does nothing.

But allow me to wrap this up on an optimistic note. Though all of the conditions exist for a sustained and coordinated price collapse, it hasn't yet happened. Why? I see two reasons:

1. The two, separate 30%+ price drops in silver last year both occurred when QE was ending or had ended. At this particular moment in time, The Fed has thrown the banks a curveball by the initiation of QE∞. This is about priorities and, trust me, levitating the bond market is an almost infinitely larger and more pressing concern for The Fed than assisting JPM in their ongoing manipulation of the puny, little silver market.

2. Because of the open-ended and infinite quality to this latest QE program, demand to exchange fiat for metal in London is unwavering. Every selloff in paper has been met with increased demand for physical. As long as this continues, sustained beatdowns in price are extremely difficult to accomplish.

So remain patient and buy the dip. Keep stacking and continue preparing. Though any quality magician can temporarily suspend your belief in reality, in the end it's all just an illusion. The laws of physics eventually trump the magicians skills just as the laws of economics will, one day soon, blunt the accumulated efforts of The Fed, the banks and their willing accomplices in government and the media.

Prince Of Dorkness

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.

Oh.. You... "heard it," did you?

Pray tell us, Pandora... where did you "hear" this?

:fp:

markin ball

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.
this the third straight month over 9%, so now our state emergency unemployment funds
can come into play and provide benefits for those not employed. How much is this
costing the state? How much as an employer will my SUTA rise to cover
emergency funds and replace them for future needs?

Our President has been unable to make a dent in unemployment.

Romney claims to be able to create 12 million new jobs ...
taking a chance on that might be the thing to do.

I can name that tune in.....13 million jobs.

Prince Of Dorkness

So according to Pandora's numbers, if it wasn't for the Republican-run state of Georgia, the national jobless rate would be lower.

How about we take the stimulus money and hire a crane to airlift it out into the ocean, drop it and be rid of the state and the people who are dragging us down?

Who's with me?

whygohome

To Drifintgbythestorm"--one of my favorite songs, by the way.

I did not call you Alex Jones; I simply said I don't always buy the conspiracy theory, the Fed is always to blame, explanations. I actually had a thought-out response to your post.
I disagree with you analysis, or the analysis you copy and paste.
That's all. I'm sure you are a smart dude; I simply disagree with your stance on this particular issue

pandora

Prince Of Dorkness wrote:

So according to Pandora's numbers, if it wasn't for the Republican-run state of Georgia, the national jobless rate would be lower.

How about we take the stimulus money and hire a crane to airlift it out into the ocean, drop it and be rid of the state and the people who are dragging us down?

Who's with me?

Wow is that a very racist thing to say?

True colors...

pandora

markin ball wrote:

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.
this the third straight month over 9%, so now our state emergency unemployment funds
can come into play and provide benefits for those not employed. How much is this
costing the state? How much as an employer will my SUTA rise to cover
emergency funds and replace them for future needs?

Our President has been unable to make a dent in unemployment.

Romney claims to be able to create 12 million new jobs ...
taking a chance on that might be the thing to do.

I can name that tune in.....13 million jobs.

made me laugh
and really a sense of humor is very much needed in this race to the White House.

pandora

Prince Of Dorkness wrote:

pandora wrote:

I heard this weekend that Georgia's unemployment rate is 9.2%.

Oh.. You... "heard it," did you?

Pray tell us, Pandora... where did you "hear" this?

:fp:

We have a news radio station that started up a few months back...
I listen in between PJ boots

You missed the real point though of the news that is...
STATE EMERGENCY FUNDS will be going into effect.

pandora

PJ_Soul wrote:

pandora wrote:

PJ_Soul wrote:

Romney will say ANYTHING. He basically pulled that number out of a hat!

It's a great number!

:fp:
Romney will not be able to create jobs any better than Obama can. In fact, Romney knows more about destroying them, so I'm not sure why anyone would fall for his fantastical 12 million jobs crap. What he's a really saying is that he has basically come up with a way to irradicate unemployment. He just knows that if he says it like that no one will believe him (especially given his track record). So why do people believe him when he spouts a ridiculous number?? It seems very illogical to me that anyone would look at that claim as anything other than pure garbage. I literally laughed out loud when I first heard him say that!

All I can say is let's hope he can! Could it be much worse?

Zoso

yes it very much could be much worse.. Romney lives in the same magical fantasy land as Reagen, Bush and oh and Gordon Gecko.

Prince Of Dorkness

pandora wrote:

Prince Of Dorkness wrote:

So according to Pandora's numbers, if it wasn't for the Republican-run state of Georgia, the national jobless rate would be lower.

How about we take the stimulus money and hire a crane to airlift it out into the ocean, drop it and be rid of the state and the people who are dragging us down?

Wow is that a very racist thing to say?

True colors...

Pandora, I know that um... well... I've read your posts so I understand that you have a very interesting understanding of "words" and stuff. Shall I say a "unique understanding" of things.

So... Georgia is not a race. It's a state.

There is no race of "Georgian."

Saying "I don't like black people" or "send the Hispanics back over to Mexico" would be "racist" because "black" and "Hispanic" are races. "From Georgia" is not a race. It's just an address.

Saying something mean about the state of Georgia is just saying something mean about the state of Georgia. It's not "racist." :fp: :roll:

Honestly... other than creationism and abstinence-only, what do they teach in schools in Georgia?

Prince Of Dorkness

pandora wrote:

All I can say is let's hope he can! Could it be much worse?

Do you understand exactly what was happening to America 4 years ago?

We were losing 800,000 jobs per MONTH... the housing market not only stopped... it started to roll backwards. Entire neighborhoods were bulldozed. The Stock Market didn't just fall, it crash-landed.

Our economy almost totally collapsed and because of the trickle-down, unregulated and consequence-free market we had, our country almost imploded. And I'm really not over-stating it. Republicans get very upset when you "blame Bush" but it WAS those Bush policies that lead us there.

Rescuing us from that was ALWAYS going to take us longer than 4 years.

But Mitt Romney who you want to "give a try" wants to go back to those policies. You know why? Because those policies made it easier for the mega-rich people to get even richer and screw over anyone they can. Because... they could.

peacefrompaul

pandora wrote:

Prince Of Dorkness wrote:

So according to Pandora's numbers, if it wasn't for the Republican-run state of Georgia, the national jobless rate would be lower.

How about we take the stimulus money and hire a crane to airlift it out into the ocean, drop it and be rid of the state and the people who are dragging us down?

Who's with me?

Wow is that a very racist thing to say?

True colors...

Seriously?

Zoso

Prince Of Dorkness wrote:

pandora wrote:

All I can say is let's hope he can! Could it be much worse?

Do you understand exactly what was happening to America 4 years ago?

We were losing 800,000 jobs per MONTH... the housing market not only stopped... it started to roll backwards. Entire neighborhoods were bulldozed. The Stock Market didn't just fall, it crash-landed.

Our economy almost totally collapsed and because of the trickle-down, unregulated and consequence-free market we had, our country almost imploded. And I'm really not over-stating it. Republicans get very upset when you "blame Bush" but it WAS those Bush policies that lead us there.

Rescuing us from that was ALWAYS going to take us longer than 4 years.

But Mitt Romney who you want to "give a try" wants to go back to those policies. You know why? Because those policies made it easier for the mega-rich people to get even richer and screw over anyone they can. Because... they could.

The bush years never existed according to most republicans. The economy has been slow but it has been on a slow rise to the top again and will take several more years to be back to where it was in the clinton years. Apparently before Obama came into office some people would have you believe that America was a utopia economically and socially.. this was far from the case. Bush's second term was a complete disaster.

Prince Of Dorkness

peacefrompaul wrote:

Seriously?

Who knew "Georgian" was a race?

Does that mean that if I move there I can become a downtrodden racial minority?

Hugh Freaking Dillon

Prince Of Dorkness wrote:

pandora wrote:

All I can say is let's hope he can! Could it be much worse?

Do you understand exactly what was happening to America 4 years ago?

We were losing 800,000 jobs per MONTH... the housing market not only stopped... it started to roll backwards. Entire neighborhoods were bulldozed. The Stock Market didn't just fall, it crash-landed.

Our economy almost totally collapsed and because of the trickle-down, unregulated and consequence-free market we had, our country almost imploded. And I'm really not over-stating it. Republicans get very upset when you "blame Bush" but it WAS those Bush policies that lead us there.

Rescuing us from that was ALWAYS going to take us longer than 4 years.

But Mitt Romney who you want to "give a try" wants to go back to those policies. You know why? Because those policies made it easier for the mega-rich people to get even richer and screw over anyone they can. Because... they could.

the US is so incredibly divided politically now there is no way any party will admit to that. Nobody is interested in what's good for AMERICA, they are only interested in what's good for aMErica.