Wednesday, March 31, 2010

Heads-Up...OR, BOHICA....Whatever....

It is hilarious that the new unemploymet figures will NOT be released on Aril 1 (April Fools Day) but on Friday, April 2.

This may have something to do with the fact that they predicted a "pickup" of 50,000 new jobs in March.

Preliminary reports Wednesday, March 31, indicated a LOSS of at least 23,000.

I cannot help but believe some of these layoffs accompanied the large-scale employers' finding it necessary to write down losses to be incurred under Obamacare, in fulfilling benefits promises to employees...past and present.

Boeing ($150 million) joined AT&T ($1 billion), Deere Inc.,($150 million) Cattepillar, and several other large employers in declaring large cororate exense expectations (writedowns) causded by compliance with Obamacare mandates.

All of these businesses would not be faithful to investors (mutuals and middle class 401Ks) unless they considered winnowing the work force expenditure, where possible.

Therefore, all Americans should attend the employment figures every month and ask the honest reporters at the Wall Streeet Journal, Forbes and Bloomberg:


Especially when "factory orders" are reported increasing, and trade attitudes relaxing.

Maybe Congressman Henry Waxman will find out at his punitive "hearings". But I would not bet the farm. I wager he will "blink". He does not WANT to know the truth.

Incidentally...Has anyone GOT a "farm" any more ???!!!

1 comment:

Anonymous said...

What do you do for coddle food when your baby starts to eat regular food? Do you survive your own? Has anyone still tried anybody of the directions, portable neonate eatables grinders, and if so, do they work?