Recent comments

  • It's really going to show how stretched people are in reality. Shelter is just through the roof and Medical is as usual.

    Reply to: February CPI down 0.2% on Cheaper Gasoline; 0.3% Rise in Core Prices Reduces Real PCE   3 years 6 months ago
    EPer:
  • Boy, this is quite the bummer in reality for Bernie Sanders. He really should have done better considering his positions and policies.

    Reply to: Enough With The Low Information Slur   3 years 6 months ago
    EPer:
  • the "mining sector" was the drag on Industrial Production all last year

    Reply to: Oil Rig Scorecard: US Drilling At an All Time Low, Saudis Near Their High   3 years 6 months ago
    EPer:
  • wow

    That's just an incredible shrinkage. Thanks for writing this, I had no idea!

    Reply to: Oil Rig Scorecard: US Drilling At an All Time Low, Saudis Near Their High   3 years 6 months ago
    EPer:
  • TPP & the other Global Corporate treaties/'arrangements'; Suing the Global Corporate Economy via ‘your’ government.
    Japan; ‘The Submission’ to The Supreme Court of Canada paves the way for Expanding & Improving the basis of the Yamada led ‘Sword & Shield’ Counter attack Suit against the Japanese gov’t, et al. TPP & other Global Corporate Treaties/’Arrangements’ signatory gov’ts. in Conflict of Interest.

    TPP, et al, Just in Time to protect carcinogenic ‘Round Up’ & other Toxic products & Foods; the Future starts NOW. Taxes Cut as Gov’ts pass Lawsuit Costs to harmless citizens?

    (CAN.) – The TPP & the other global corporate treaties/’arrangements’ provides that the signatory governments will not only be no longer able to sue corporations for not adhering to the laws of their host countries & thereby, replace the desire of American lead corporations for tort reform with tort abolishment, but the TPP will also place the signatory governments in positions of a conflict of interest in regard to their own harmless citizens who are being forced to find their own, non-governmental means of enforcing existing & future laws that have been passed by way of:
    1) the secrecy of unethical lobbyists for the benefits of their wealthy corporation clients & their shareholders,
    &/or,
    2) the ethical desire to compete with other countries by passing laws that protect & enhance the well-being of its citizens regarding their health care, education, worker safety, environment, transfer payments, etc.

    However, it seems that it is only recently that the harmless citizens of Japan & other nations are learning that due to Corporate Canada’s, &/or, the government of Canada’s anxious desire to impress its TPP corporate associates, &/or, the citizens of Japan, et al, with:
    1) its unencumbered access to the natural resources that are continuing to be discovered in Canada,
    2) its ability to ‘manage’ Native Canadians in regard to accessing the aforementioned natural resources in Canada
    &
    3) et al,
    Corporate Canada, &/or, the Canadian government has misinformed its corporate associates & deprived its corporate associates of due diligence information (eg. the Canadian government, et al, is continuing to deprive Native Canadians, et al, of the information & questions in The W.A.D. Accord),
    which will greatly affect the costs of developing the aforementioned natural resources, and thus, as a consequence of Corporate Canada’s, &/or, the Canadian government’s actions it has given the harmless citizens of Japan, et al, the basis for:

    1) not only, suing Corporate Canada, &/or, the government of Canada, via the Canadian government,
    but, for :
    2) also expanding & improving upon Mr. Yamada’s existing suit against the Japanese government, &/or, Corporate Japan, et al, as well.
    And, thus, Corporate Canada, via their lobbyists to the Canadian government, are most anxious to escape from their liabilities by a rapid ratification of the TPP, et al.

    Therefore, the Japanese group, led by Mr. Masahiko Yamada, who are suing their government regarding the Trans-Pacific Partnership on behalf of themselves & the citizens of Japan, might seriously consider suing Corporate Canada, in order to ensure that they, the harmless citizens, do not end up having to ‘contribute’ any of their tax dollars to pay for The Compensation in The W.A.D. Accord, et al, & thereby, prevent Corporate Canada from escaping its liabilities by way of the ratification of the TPP, et al.

    Furthermore, by suing Corporate Canada &/or, the government of Canada, by Mr. Yamada’s group, would enable the harmless citizens of Japan as a ‘sword’ & a ‘shield’ to prevent the government of Japan from using any of tax dollars of the harmless citizens of Japan to further punish the harmless citizens, ie. the ‘shield’ & to provide the monies necessary from the punitive damages, on an on-going basis, to continue to fight the future capricious forays & assaults against the harmless citizens’ democracy and counteract the damages to it, etc. caused by Corporate Japan, the government of Japan, et al, ie. the ‘sword’.

    In the meantime,
    Please see the reference material below:
    ‘The Submission’ to The Supreme Court of Canada:
    ‘The SHAREHOLDERS & Corporations of JAPAN, America, China, Canada, the EU,
    the Trans-Pacific nations, et al,
    v.
    the (harmless) Canadian NON shareholders, both; Native & non Native, et al’
    (see; davidehsmith.wordpress.com)

    which includes:
    1) The W.A.D. Accord,
    2) ‘The MERKEL (Chancellor of Germany) Letter; To Sue, or, Be Sued?’
    &
    3) et al.

    ‘The Submission’ also considers:
    1) what is a ‘good corporate citizen’
    &
    2) how to make those corporations which are not good corporate citizens to conform, or, to make the corporations persona non grata.

    The letter to Prime Minister Shinzo Abe, ‘Prime Minister Abe; You’ve been Served with; The NOTIFICATION of Pre-existing CHALLENGE to The TPP’, was sent separately.

    Please also see; ‘The Basis for Litigation & Litigation Funders; Suing the Global Corporate Economy’.
    ***
    For More Info, see; davidehsmith.wordpress.com ***
    Please consider sharing the above info & questions with 10 friends who share with 10 friends & so on...

    Reply to: The Media Treats Superdelegates like Kings   3 years 6 months ago
    EPer:
  • Right now global recessions woes persist and fiscal policy has been obstructed by conservatives putting the burden on central bankers... who have run out ammo. The root cause is overproduction which led to outsourcing our manufacturing jobs and so unbalanced the global economy. There were props along the way but the main prop was socialist China's new city stimulus; and it has come to near standstill. So really, does its matter. While fiscal stimulus can create demand in the short term, in the long term the global economy is still unbalanced, and if not unchecked, will spin out of control. We need new ideas, and I don't see any out there.

    Reply to: The Media Treats Superdelegates like Kings   3 years 6 months ago
  • If you are going to talk about trade deficits, you have to bring the petrodollar into play.

    Reply to: January's Trade Off to a Bad Start; On Track to Knock a Half Point Off Q1 GDP   3 years 6 months ago
  • To make it appear Hillary is the foregone conclusion, the inevitable nominee. They are still doing this, repeatedly saying Bernie has no chance or ignoring his wins and surges. They barely cover him in many cases. Establishment media is so useless, some very expensive talking noise that runs 24/7.

    Reply to: The Media Treats Superdelegates like Kings   3 years 6 months ago
    EPer:
  • There are 4,763 total Democratic delegates
    - 770 super-delegates
    = 3,993 regular delegates (allocated by primaries/caucuses)

    2,383 delegates are needed for the party nomination
    - 770 super-delegates
    1,613 outstanding regular delegates needed for nomination

    Excluding super-delegates, regular delegates allocated so far as of March 90, 2016:

    Clinton 760
    Sanders 546

    Super-delegates can change their mind any time up until the DNC convention in July. If the don't vote with the popular vote, that could spell big trouble for the political insiders (and Bernie could even run as an Independent -- or his supporters would write in his name -- or they would vote Republican -- or they might not vote at all.)

    But the media (especially on the cable news stations) are always totaling the delegate count with the super-delegates to make the election appear as though it's already a done deal for Hillary.

    Reply to: The Media Treats Superdelegates like Kings   3 years 6 months ago
    EPer:
  • Wow, didn't see that one coming. Congrats to all Bernie supporters. He is clearly highly competitive and if they swing it just to super delegates that will be disgusting now wouldn't it?

    Reply to: The Media Treats Superdelegates like Kings   3 years 6 months ago
    EPer:
  • by a strange attitude taking person who should know better.

    Reply to: January's Trade Off to a Bad Start; On Track to Knock a Half Point Off Q1 GDP   3 years 6 months ago
  • A phony STEM shortage and the scandal of engineering visas -- how American jobs get outsourced
    http://www.latimes.com/business/hiltzik/la-fi-mh-the-scandal-of-engineer...

    Trade deficits between the U.S. and the 11 other countries in the proposed Trans-Pacific Partnership (TPP) cost 2 million U.S. jobs in 2015
    http://www.epi.org/publication/trans-pacific-partnership-currency-manipu...

    The wage stagnation that's driving the 2016 campaign
    http://www.freep.com/story/opinion/columnists/stephen-henderson/2016/03/...

    The State of American Retirement - How 401(k)s have failed most American workers
    http://www.epi.org/publication/retirement-in-america/

    Warren Buffett wrote: “America’s golden goose of commerce and innovation will continue to lay more and larger eggs. America’s Social Security promises will be honored and perhaps made more generous. And, yes, America’s kids will live far better than their parents did.”
    http://www.marketplace.org/2016/02/29/world/buffett-economyomy

    Reply to: January's Trade Off to a Bad Start; On Track to Knock a Half Point Off Q1 GDP   3 years 6 months ago
    EPer:
  • Indices really imply a currency manipulation game going on. Have to revisit the losses to the U.S. economy over currency manipulation after reading this.

    Reply to: January's Trade Off to a Bad Start; On Track to Knock a Half Point Off Q1 GDP   3 years 6 months ago
    EPer:
  • 530 + 24 = 554.

    off by 1.

    Yes each series has it's own seasonal adjustment but on table A they do add unless there is a rounding issue, cumulative.

    The GDP report really has these as each is also computed separately, if one noticed on the components.

    Reply to: BLS Household Survey Report Holds Promising Unemployment Numbers   3 years 6 months ago
    EPer:
  • I don't know the natural death and birth rates but I *thought* those natural rates were in the adjustments already, i.e. population controls from the Census.

    From the increase in employed it is possible that those not in the labor force found jobs, but month to month correlations are spurious at best, need at least a quarter of data to imply anything, a year is really the valid marker.

    Reply to: BLS Household Survey Report Holds Promising Unemployment Numbers   3 years 6 months ago
    EPer:
  • ...we shouldn't be surprised if after the next 10 years the unemployment rate will be -4.9%

    Just curious...If there are 374,000 less people that are "not in the labor force", did they either find work or die?

    I'm assuming they didn't retire or go on disability, right?

    Reply to: BLS Household Survey Report Holds Promising Unemployment Numbers   3 years 6 months ago
    EPer:
  • found out something i hadnt realized with this report...they extrapolate each metric from the survey separately, and since we're talking people, they obviously round to whole numbers...but what we saw this week was that the seasonally adjusted count of those who were employed rose by 530,000 and the number of unemployed rose by 24,000, while the labor force increased by 555,000, meaning there significant fractional people who were either employed or unemployed, enough to add up to another whole person in the labor force..

    Reply to: BLS Household Survey Report Holds Promising Unemployment Numbers   3 years 6 months ago
    EPer:
  • Trump is clearly going to give unlimited foreign guest worker Visas, as will all of them probably but still that's quite a betrayal from his earlier position.

    Bernie does have a proven track record helping U.S. workers with regard to foreign guest worker Visas.

    Reply to: ISM Survey Shows Manufacturing in Contraction for 5th Month in a Row   3 years 6 months ago
    EPer:
  • I just watched the GOP debate, and nobody offered anything new. It was the same-ole same-ole.

    The GOP's solution for Detroit and Flint Michigan is the same as it is for the entire country — the way to fix the infrastructure and schools and bring back jobs is to lower the tax base. They want us to believe that less tax revenues will fix everything.

    The fact is, offshoring jobs to low-wage countries and the increase in corporate tax avoidance has decreased tax revenues, leaving government less money to fix infrastructure, fix schools and replace lead pipes.

    The "effective" corporate tax rate (what they actually pay) is lower now than it has been for decades — nominally and as a percent of profits and GDP. Wages have also been stagnant for decades, and in many cases, have declined — while the cost of living has increased.

    The GOP wants us to believe that by lowering the tax base, it will bring jobs back from China, induce employers to pay higher wages, and provide enough tax revenues to fix infrastructure, fix schools and replace lead pipes.

    The GOP want us to believe that if corporations could pay no taxes at all, all their savings would NOT go into the pockets of executives and shareholders, but into the pockets of working people — and into the city, state, county and federal coffers to fix infrastructure, fix schools and replace lead pipes.

    Programs such as Social Security are under-funded, because wages have not kept up with productivity, CEO pay and after-tax profits. But rather than paying higher wages or lifting the "cap" for Social Security taxes, the GOP wants to cut Social Security benefits and raise the age for retirement, claiming we're living longer now (when it's mainly the very rich who are living longer).

    Donald Trump says he regularly travels all over the world, and he sees other airports, trains and roads in other countries, and says he's ashamed of our crumbling infrastructure — comparing America to a third world country.

    But the GOP wants us to believe that the less we tax the very rich, the more lead pipes we can fix.

    Vote for Bernie Sanders to bring jobs back to America and to fix our infrastructure.

    Reply to: ISM Survey Shows Manufacturing in Contraction for 5th Month in a Row   3 years 6 months ago
    EPer:
  • .today's construction spending report showed the December spending estimate was revised 0.6% higher, from $1,116.6 billion to $1,123.5 billion, while November's construction spending was revised from $1,116.0 billion to $1,116.9 billion, which together would suggest an upward revision to 4th quarter GDP of 0.19 percentage points..

    Reply to: Q4 GDP Revised Slightly Upwards to 1.0%   3 years 6 months ago
    EPer:

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