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A Lesson In Inflation


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#46 buttugly

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Posted 09 January 2004 - 09:53 AM

Kudlow what a schmuck!

1k new jobs is PERFECTLY OK.
And the unemployment rate is falling
courtesy of the shrinking workforce.
But the consumer is still spending. So all must be well.

At that rate it will take only 3000 more months to replace
the 3M jobs lost.

Between Wall Street's Crapvision and Murdoch's FoxNews?!

I prey ChickenHawk gets reelected.
His second term will be a real DOOSIEE.

#47 DrStool

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Posted 09 January 2004 - 09:54 AM

Goebbels would be so proud.

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#48 Takachi

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Posted 09 January 2004 - 09:55 AM

at 8:52 dollar at 85.25

#49 Guest_jrmfl_*

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Posted 09 January 2004 - 09:56 AM

Do the people believe all the goddam lies the Ministry of Economic Disinformation spews, or do they smell the rat?

doc, you sound angry this morn. fed up. tired.

you ok?

#50 ellipse

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Posted 09 January 2004 - 09:56 AM

the sp futures are still above yesterdays low which i consider quite surprising
for such a lousy number.

#51 wndysrf

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Posted 09 January 2004 - 09:56 AM

I think they were ready to unleash +300,000 new jobs.

However, they changed their mind when the homebuilders crashed yesterday.

T-Bones must be propped at all costs.

Any and all methods necessary to jump start a new refi and spend boom.

1/3 of the entire Global Derivative Float is on the move right now.

Trillions of MBS Bagholders "readjusting" their bra straps.
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#52 Guest_jrmfl_*

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Posted 09 January 2004 - 09:56 AM

looking for the salmon run to commence into expiry...

maybe i'm insane and kudlow's a genuis.

#53 Bearbones

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Posted 09 January 2004 - 09:57 AM

The labor report appears lousier the more you look at it. Example: of the 277,000 jobs "created" in the last four months, 160,000 were temporary jobs. It looks like the people doing the hiring know the tax cut and refi bonanza were simply electro-cardiac shock for the economy.
Bush yelled "clear" and Congress pulled the switch. Six months later the patient is breathing but still comatose.

#54 Idumpdaily

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Posted 09 January 2004 - 09:58 AM

Kudlow: "Higher mortgage rates means more buyers"
Cmon!

#55 seamus

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Posted 09 January 2004 - 10:00 AM

BBerg is not updating the $ - 15 minute lag anyway

#56 Guest_jrmfl_*

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Posted 09 January 2004 - 10:01 AM

Kudlow: "Higher mortgage rates means more buyers"
Cmon!

no, come on... did he really say that?

he needs to join the neocons council on defying the laws of economics.

he'd be the perfect addition.

when laffer curves become inverted, his new thesis.

#57 wndysrf

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Posted 09 January 2004 - 10:01 AM

T-Boner

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#58 Guest_jrmfl_*

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Posted 09 January 2004 - 10:01 AM

I think they were ready to unleash +300,000 new jobs.

However, they changed their mind when the homebuilders crashed yesterday.

T-Bones must be propped at all costs.

Any and all methods necessary to jump start a new refi and spend boom.

1/3 of the entire Global Derivative Float is on the move right now.

Trillions of MBS Bagholders "readjusting" their bra straps.

spot on. run spot run.

#59 Hypertiger

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Posted 09 January 2004 - 10:01 AM

The Department of Homeland security Director of the Bureau of Citizenship and Immigration Services: Eduardo Aguirre, Jr. will be the administrator of the system one it is fully implemented...He was on Krudlow and Cramer last night or the night before talking about it...

"January 6, 2004
Some details of the changes in immigration policy proposed by President Bush, according to senior administration officials who spoke with reporters Tuesday:--The new ``temporary worker program'' would allow either one of the estimated 8 million illegal immigrants already in the United States or someone abroad to apply for the right to work legally in the country for a three-year term that could be renewed. The White House is not saying how long the term could be extended or how many times it could be renewed.--An applicant for the program already in the United States must pay an unspecified registration fee..."

Forget the tid bit at the start about elections...Red herring

Temporary worker program

Secretary of Homeland Security Tom Ridge was added to the Order of Presidential Succession and pending legislation will be placed in the number 8 spot...

Department of Homeland security (The "New" U.S. Government) organizational structure...
"We are completely dependant on the commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money (at the request of the consumer) we are prosperous; if not, we starve. We are absolutely without a permanent money system.... It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." --Robert H. Hemphill, Atlanta Federal Reserve Bank,1938...

#60 Bearbones

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Posted 09 January 2004 - 10:02 AM

Kudlow: "Higher mortgage rates means more buyers"
Cmon!

And eating more means your body needs more food, until you start getting fat.





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