jobbies sucked balls not quite sure why we green...
wage growth slowing while we still trying to inflate like madmen to keep the puppy up not good
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Payrolls Drop for 1st Time Since 2003
Friday February 1, 10:34 am ET
By Jeannine Aversa, AP Economics Writer <table border="0" cellpadding="0" cellspacing="0" height="4"><tbody><tr><td height="4">
</td></tr></tbody></table>Employers Cut Payrolls for 1st Time Since Summer 2003; Jobless Rate Dips WASHINGTON (AP) -- Nervous employers cut 17,000 jobs in January -- the first such reduction in more than four years and a fresh sign that the economy is in danger of stalling.
The Labor Department's report, released Friday, also showed that the unemployment rate dipped slightly to 4.9 percent, from 5 percent, as the civilian labor force shrank slightly.
Job losses were widespread. Manufacturers, construction firms and a variety of professional and business services eliminated jobs in January -- reflecting the toll of the housing and credit debacles. The government cut jobs, too. All those cuts swamped job gains in education, health care, retailing and elsewhere.
Wage growth also slowed, another indication that employers are tightening their belts amid the economic slowdown.
wage growth slowing while we still trying to inflate like madmen to keep the puppy up not good
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Payrolls Drop for 1st Time Since 2003
Friday February 1, 10:34 am ET
By Jeannine Aversa, AP Economics Writer <table border="0" cellpadding="0" cellspacing="0" height="4"><tbody><tr><td height="4">
</td></tr></tbody></table>Employers Cut Payrolls for 1st Time Since Summer 2003; Jobless Rate Dips WASHINGTON (AP) -- Nervous employers cut 17,000 jobs in January -- the first such reduction in more than four years and a fresh sign that the economy is in danger of stalling.
The Labor Department's report, released Friday, also showed that the unemployment rate dipped slightly to 4.9 percent, from 5 percent, as the civilian labor force shrank slightly.
Job losses were widespread. Manufacturers, construction firms and a variety of professional and business services eliminated jobs in January -- reflecting the toll of the housing and credit debacles. The government cut jobs, too. All those cuts swamped job gains in education, health care, retailing and elsewhere.
Wage growth also slowed, another indication that employers are tightening their belts amid the economic slowdown.
yeah gauntlet was thrown down on gold and silver on that swoon down on markets as dollar rallied
overdue for dollar rally and gold getting smacked around
the good news for gold is when it falls it falls sharply
bulls grind up and fall sharply during corrections
bears grind down and rally sharply during bear shakes
overdue for dollar rally and gold getting smacked around
the good news for gold is when it falls it falls sharply
bulls grind up and fall sharply during corrections
bears grind down and rally sharply during bear shakes
fed still trying to stay relevant screaming like a little kid look at me look at me i'm doing something %^_
definitely gonna keep trying to lay the credit bait out there
the question is
is there anything out there for people that need credit that is worth investing in, in this environment?? i think the answer is NO for the most part, we shall see
plus the sheep's confidence is already shaken (credit game very dependent on sentiment) and they are bracing themselves
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Fed Plans $60B Auctions to Banks in Feb.
Friday February 1, 10:09 am ET
By Martin Crutsinger, AP Economics Writer
Fed Announces Auctions Totaling $60 Billion in February to Combat Credit Crisis
WASHINGTON (AP) -- The Federal Reserve said Friday it will provide $60 billion in fresh cash to commercial banks in two auctions in February and will keep holding auctions every other week for as long as needed to ease the credit crisis.
The new auctions, to be held on Feb. 11 and Feb. 25, will mark the fifth and sixth times the Fed has used a new auction process announced in December to provide cash-strapped banks with extra reserves.
In a brief statement, the Fed said that it intended to keep holding the auctions every other week "for as long as necessary to address elevated pressures in short-term funding markets."
The Fed said that the minimum bid amount for the February auctions will be reduced to $5 million, down from $10 million in the previous auctions, to "facilitate participation by smaller institutions."
The Fed's hope is that the increased resources provided to the banking system will keep banks lending and prevent a severe credit squeeze from pushing the country into a recession.
definitely gonna keep trying to lay the credit bait out there
the question is
is there anything out there for people that need credit that is worth investing in, in this environment?? i think the answer is NO for the most part, we shall see
plus the sheep's confidence is already shaken (credit game very dependent on sentiment) and they are bracing themselves
------------------------------------------------------------
Fed Plans $60B Auctions to Banks in Feb.
Friday February 1, 10:09 am ET
By Martin Crutsinger, AP Economics Writer
Fed Announces Auctions Totaling $60 Billion in February to Combat Credit Crisis
WASHINGTON (AP) -- The Federal Reserve said Friday it will provide $60 billion in fresh cash to commercial banks in two auctions in February and will keep holding auctions every other week for as long as needed to ease the credit crisis.
The new auctions, to be held on Feb. 11 and Feb. 25, will mark the fifth and sixth times the Fed has used a new auction process announced in December to provide cash-strapped banks with extra reserves.
In a brief statement, the Fed said that it intended to keep holding the auctions every other week "for as long as necessary to address elevated pressures in short-term funding markets."
The Fed said that the minimum bid amount for the February auctions will be reduced to $5 million, down from $10 million in the previous auctions, to "facilitate participation by smaller institutions."
The Fed's hope is that the increased resources provided to the banking system will keep banks lending and prevent a severe credit squeeze from pushing the country into a recession.
yeah really don't know how this pig is holding up so far
its not like the yahoo news is that great or anything (I guess it shows investors M&A activity still going on??)
MSFT down 5.64% as both the markets and I think its a crappy deal
yahoo is light years behind goog at this point and MSFT coulda waited 2-3 years and gotten for much much cheaper
jobs reeked, construction numbers sucked too, more bond warnings
anyway the data coming out now is pre fed major rate cuts so maybe the markets holding out hope the stimulus will work and this is just a blip
all i can say is good luck
its not like the yahoo news is that great or anything (I guess it shows investors M&A activity still going on??)
MSFT down 5.64% as both the markets and I think its a crappy deal
yahoo is light years behind goog at this point and MSFT coulda waited 2-3 years and gotten for much much cheaper
jobs reeked, construction numbers sucked too, more bond warnings
anyway the data coming out now is pre fed major rate cuts so maybe the markets holding out hope the stimulus will work and this is just a blip
all i can say is good luck
Whenever we get these pullbacks in gold/silver it is a good time for you to add more or get into the market for those who have not gotten in.
This will be the biggest bull market in history and fiat currencies worldwide will be crushed. Gold will go to several thousand dollars and silver over 100 over the next few years.
This will be the biggest bull market in history and fiat currencies worldwide will be crushed. Gold will go to several thousand dollars and silver over 100 over the next few years.
"Inflation's low. Productivity's high, but there are certainly some troubling signs, serious signs that the economy is weakening and that we've got to do something about it," Bush said.
:missingte:missingte:missingte
nobody believes your bullshit anymore dickhead.....you and the head jew have ZERO credibility left
both you guys need to keep your mouth shut.....whenever one speaks I want to rush out and buy more gold
:missingte:missingte:missingte
nobody believes your bullshit anymore dickhead.....you and the head jew have ZERO credibility left
both you guys need to keep your mouth shut.....whenever one speaks I want to rush out and buy more gold
WSJ came out with story that icahn quietly built a big position in JC penny (JCP)
value all around everybody buy, buy, buy
arty:
SAN FRANCISCO (MarketWatch) - Billionaire shareholder activist Carl Icahn quietly bought up a big stake in J.C. Penney Co. The Wall Street Journal reported on its Web site Friday, citing people familiar with the matter. While the exact size of Icahn's stake in the retailer is not known, one person said it is among Icahn's top five holdings, which could mean it runs into the hundreds of millions of dollars, the Journal said
value all around everybody buy, buy, buy
arty:SAN FRANCISCO (MarketWatch) - Billionaire shareholder activist Carl Icahn quietly bought up a big stake in J.C. Penney Co. The Wall Street Journal reported on its Web site Friday, citing people familiar with the matter. While the exact size of Icahn's stake in the retailer is not known, one person said it is among Icahn's top five holdings, which could mean it runs into the hundreds of millions of dollars, the Journal said
the spin continues
http://www.thestreet.com/video/inde...Updates&cm_ven=YAHOO&cm_cat=&cm_ite=#10401673
video of "microsoft deal proves economy is not dead"
maybe it proves that microsoft vista is a piece of shit
and they are looking for a brand name (paying 45 billion for the brand name retarded but....) to compete with goog on the internet to get some growth going as growth flounders on the other end of their business
http://www.thestreet.com/video/inde...Updates&cm_ven=YAHOO&cm_cat=&cm_ite=#10401673
video of "microsoft deal proves economy is not dead"
maybe it proves that microsoft vista is a piece of shit
and they are looking for a brand name (paying 45 billion for the brand name retarded but....) to compete with goog on the internet to get some growth going as growth flounders on the other end of their business
the spinzone today summarized well by rage against the machine
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They load the clip in omnicolor
They pack the 9, they fire it at prime time
Sleeping gas, every home was like Alcatraz
And mutha fuckas lost their minds
No escape from the mass mind rape
Play it again jack and then rewind the tape
Play it again and again and again
Until ya mind is locked in
Believin' all the lies that they are tellin' ya
Buying all the products that they are selling ya
They say jump
Ya say how high
Ya brain dead
Ya gotta fuckin' bullet in your head
-----------------------------------------
They load the clip in omnicolor
They pack the 9, they fire it at prime time
Sleeping gas, every home was like Alcatraz
And mutha fuckas lost their minds
No escape from the mass mind rape
Play it again jack and then rewind the tape
Play it again and again and again
Until ya mind is locked in
Believin' all the lies that they are tellin' ya
Buying all the products that they are selling ya
They say jump
Ya say how high
Ya brain dead
Ya gotta fuckin' bullet in your head
