New unemployment claims running rampant.

[gsvol]

First-time U.S. jobless claims above 400,000 for 12th straight week - Related Stories - CFA Institute Financial NewsBrief

For the 12th week in a row, initial claims
for unemployment benefits in the U.S. were
above 400,000 last week, the Labor Department
said.

The seasonally adjusted figure fell slightly
to 428,000. The four-week average has remained
at 426,000 for a month....

 

[lawgator1]

Something very discordant about the phraseology of title of thread. Can't quite put my finger on it, but I guess its the notion of a claim running rampant. Seems .... odd.

 

[MG1968]

Something very discordant about the phraseology of title of thread. Can't quite put my finger on it, but I guess its the notion of a claim running rampant. Seems .... odd.

sort of like when the current administration and its media allies say that unemployment claims rose "unexpectedly"

 

[gsvol]

or when the current administration (if you can even call it that) brags that they have just 'created' 2 million new jobs.

 

[Lexvol]

This would be a depression economy all over the media if a republican was in office.
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[gsvol]

This would be a depression economy all over the media if a republican was in office.
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In the worst year of the depression (1934 I think),
real estate prices fell 31%, they fell 33% in the
previous year.

If you examine Obama's economic policies you will
find he is very close to Herbert Hoover, especially
with his excessive regulations.

Obama will go down in history as the 'food stamp
president', since he has added 12 million to the
food stamp rolls in the short time he has been
president.

 

[VolsNSkinsFan]

Real estate was the one asset class that held up well during the Great Depression because back then, you had to put 50% down and mortgages were only for 5 years
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[milohimself]

gs, ur pic sux at teh grammerz.

 

[Voodoomonkey]

Your grammar is worst than his.

 

[JayVols]

Your grammar is worst than his.

Methinks he did it on purpose...for emphasis.
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[MG1968]

to be fair, there are sites where anyone can create their own motivational-type posters, and if the person is grammatically challenged, hilarity can ensue

 

[gsvol]

 

[gsvol]

Having fun yet?

 

[Voodoomonkey]

Nah, I'm more of a scatter plot and pie chart guy than a bar graph guy.

 

[gsvol]

Nah, I'm more of a scatter plot and pie chart guy than a bar graph guy.

Obama will go down in history as the food stamp
president, since in his short tenure over 12 million
have been added to the food stamp rolls.

Oddly, the way the government accounts for it's
spending, food stamps are counted as farm subsidies.

"Farming is easy if your plow is a pencil and you are
a thousand miles from the nearest corn field."
Dwight D Eisenhower.

 

[gsvol]

 

[myrobbins7]

Not a good thing..Why we?ll have 10% unemployment soon Jeff Reeves - MarketWatch

 

[gsvol]

The summer of recovery seems to be anything but that.