The Latest from The Lady
- CCSSO Pres. Elect’s Statement on NC Move To Drop Common Core
- North Carolina Dumps Common Core
- #OccupyFail: Adventures in Capitalism at Rent-A-Gent
- Stokes County Board of Ed Rejects Common Core
- No Reply From Cox Mills High On “Town Hall”
- NC Supreme Court Races: Associate Justice Race PT 2
- Common Core Public Relations 101
- NC Supreme Court Races: Associate Justice Race
- New Fundraising Tactic: Cursing For Clay
- #DM7 Article: Glenn Reynolds’s Good Advice To GOP
Past Musings from The Lady
Category Archives: Economy
Stalin is quoted as once saying something along the lines of, “It doesn’t matter who votes. What matters is who counts the votes.” Well, if you can get your propaganda into the heads actual voters before they vote, same difference right?
Looks like a lot of folks might owe Jack Welch and apology.
Over at Instapundit, Professor Reynolds has posted an article from the NY Post titled, ‘Census ‘faked’ 2012 jobs report. The excerpt he posts is this, emphasis is mine:
In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington.
The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated.
And the Census Bureau, which does the unemployment survey, knew it. Continue reading
I spotted an article this evening with a video accompanying it. The Unions continue their Occupy style assault on business. Instead of students with ipads and laptops in tents who have no jobs, Unions are now yanking employed people out of their jobs to tow the occupy line. Lord knows what the Unions promised these people. The title of the video (below) is “Stand Up, Live Better. It’s a play on Wal-Mart’s corporate logo, Save money. Live Better.[youtube=http://youtu.be/caV-m1wq6Vc]
Did you make it to the end without yelling, “Be glad you have a job!”? If you did, you’re one up on me.
Some comments on the video and the main complaint seems to be ‘being treated unfairly’:
Signs that say, “On strike for Freedom”. You have the freedom to go get another job?
“Favoritism and unfair scheduling.” Welcome to employment?
“Because the Walton family has as much wealth as 45 million American families.” Hey, a real occupier slipped in there.
One woman complains she is tired of “being discriminate by management.” Sadly, Perhaps it’s because English is clearly not her first language. Maybe it is because she seems prickly even in a 10 second clip.
Want to know how you can support this gaggle of useful idiots striking while millions of people are out of work and would gladly take their jobs? Keep reading. From NC State AFL-CIO:
Here’s how you can support them
Something big is happening at Walmart. American workers at the largest retailer in the world are finally reaching their resistance point and walking off the job to protest low-wages, poor working conditions, a lack of respect on the job, and retaliation against them for their efforts to make change at Walmart.
Now just in time for the official beginning of the holiday shopping season, Black Friday, Walmart workers across the country – from warehouses to stores – will be going on strike.
Making the Black Friday action a success will need community support. Here’s what you can do to help:
Take the Black Friday pledge not to shop at Walmart, AND
Show your support for Walmart workers in person by finding a solidarity action near you.
Sponsor a striker by making a donation to their strike fund.
Black Friday solidarity action in Durham
Triangle Jobs with Justice is organizing a solidarity action at Walmart at the New Hope Commons shopping center in Durham beginning at 11 AM on Black Friday.
What: Strike support rally at Walmart
When: Friday, November 23, 2013 at 11:00 AM
Where: New Hope Commons shopping center, 5450 New Hope Commons Drive, Durham, NC 27707
They want Justice!
When do they want it? NOW!
I wonder if they will chant, ‘Hey Hey! HO HO!” The double entendre was too juicy, I just couldn’t help myself. I just find the timing of this strike to be incredibly stupid. This economy is NOT a time when you want to be out of work. I am sure there are things wrong with Wal-Mart. We’ve all heard the stories about keeping workers part-time so they don’t qualify for health coverage. In a way, Wal-Mart looks like they were ahead of the Obamacare part-time employee curve. Irony!
I can hear the loudspeaker announcement now, as hundreds of shoppers lined up outside jockeying for position to be one of the first ones in turn on the picketing workers. It might sound something like this:
Attention Wal-Mart Shoppers,
Your Black Friday shopping will be interrupted by chanting employees who apparently are fed up and don’t want their jobs. I am certain many of you here attempting to shop are probably looking for work. We now have a lot of openings. See the manager for details.
P.S. Wal-Mart is out of Twinkies.
P. S. S. Hey, didn’t Wal-Mart just give a bunch of cash to Obama?Also, isn’t Wal-Mart suing the NRLB? Why yes, yes they did and yes they are. Continue reading
Another #Green Fail. More of our money down Obama’s Sustainable toilet.
From Sustainable Business Oregon:
The parent company of a taxpayer-backer battery technology company has filed bankruptcy in a Norwegian court.
Portland-based ReVolt Technology, whose parent company is in Norway, said last month it would file bankruptcy because it had been unable to raise new capital or find a buyer.
The company had been developing a zinc-air battery technology that it said could deliver twice the energy of conventional rechargeable battery technologies, such as lithium-ion.
The Business Journal has been unable to reach ReVolt company officials.
Before it abruptly closed its doors, ReVolt received several taxpayer subsidies:
$5 million from a federal grant program.
$3.4 million from the state of Oregon’s Small Scale Energy Loan Program.
$1.15 million from a Portland Development Commission loan program
$500,000 from the governor’s Strategic Reserve Fund.
A copy of the company’s bankruptcy filing was not immediately available.
So they received over $10 million and still went bust. Continue reading
Gee, look at that! new jobless claims soar well above expectations, even WITH seasonal holiday hiring. Think this is bad? Just wait until we see January 2013′s numbers. Don’t say I didn’t tell you so.
Get ready for the “it’s all Sandy’s fault” barrage, because the post-reelection status quo sure will desperately need it today. The latest initial claims data posted a multi-year high 104,548 surge in weekly NSA claims from 361,800 to 466,348, and even the Seasonally adjusted number soaring from 361K to 439K on expectations of a 375K print. In other words, a complete disaster for any economic data bulls. What is truly amusing is that the same Wall Street “experts” who set expectations were unable to foresee the Sandy effect that every “macrotourist” on Twitter apparently is so very aware of. Also, it is apparently also “Sandy’s fault” (now that the Bush excuse is back in retirement) that the prior week’s claims were revised from 355K to 361K. Basically, just as we said 3 weeks ago, ignore every negative data point: it is Sandy’s fault. However, for the snapback, when there actually is good news to be had, well, “four more years.” Finally, to all the Sandy apologists: is the logic here that: if Hurricane, then Fire everyone? Because that is what is implied. To summarize: a hurricane is good for GDP (lots of broken windows), but any actually negative news (surge in firings) is perfectly expected.
Just gets better: Hawaii, Oregon and Puerto Rico didn’t report claims data, causing the Labor Department to estimate their totals.
— zerohedge (@zerohedge) November 15, 2012
FTW:California and Virginia provided their own estimates.
— zerohedge (@zerohedge) November 15, 2012
Also, The Hopium is Depleted:
“The General Business Conditions expected six months forward dropped to its lowest level since March 2009.” – Zero Hedge Continue reading
This is Hope and Change in NC — 42 openings at a Big Lots! Store in Fuquay-Varina, NC and over 900 applicants.
News and Observer via Cary news with emphasis added:
FUQUAY-VARINA – Jimmy Wilson hung a “store open” banner across the new Big Lots on Lakestone Commons Avenue, and word spread like wildfire that the town had gotten a new discount store.
Across town, Wilson’s wife was fielding calls from friends and neighbors asking if the rumors were true. By the time store manager Wilson opened the doors for the first time at 10 a.m. Oct. 9, customers were lined up at the door.
And Big Lots hasn’t even had its grand opening yet. It’s scheduled for Friday.
“Our customer count was four times higher than anticipated,” Wilson said. “I think everybody loves Big Lots. People have been waiting for this store to open. We have stores in Garner and Cary, but people are tired of having to drive out there.”
People were also looking for jobs. Wilson said he received about 900 applications for 42 positions.
He figured the large number of applicants was an indication of the economy’s slow recovery, considering all he did to advertise for the job openings was put up a table in front of the store a few months ago.
Applicants ranged from the unemployed to others with part-time retail jobs and some with no sales experience, he said. Continue reading