Cost for Doing God’s Work Declines from $13.2 Million to $9 Million
Inquiring minds note a stunning drop in the price for doing God’s Work. Last year Goldman Sachs CEO Lloyd Blankfein received a salary of a $600,000 as well as a stock bonus worth $12.6 million. This year the base salary for doing God’s work rose to $2 million, however, bonuses fell to a shockingly-low $7 [...]
Read MoreGreek Leaders (All 3 Coalition Parties) Oppose New Austerity Measures; Words of the Day: "Hardball", Followed by "Meeting Cancelled" and the Always Popular "Meeting May be Scheduled Later in the Week"
Shortly after Dutch finance minister, said “We want no further delays” came news of further delays. The reason: Greek political parties all refuse to go along with more austerity measures. Please consider Greece’s leaders oppose new austerity measures All three party leaders in Greece’s teetering national unity government have opposed new austerity measures demanded by [...]
Read MoreNonfarm Payroll +243,000 ; Unemployment Rate 8.3%; Those Not in Labor Force Rose an Amazing 1,177,000
Quick Notes About the “Falling” Unemployment Rate In the last year, the civilian population rose by 3,565,000. Yet the labor force only rose by 1,145,000. Those not in the labor force rose by 2,420,000. In January, the Civilian Labor Force rose by 508,000. In January, those “Not in Labor Force” rose by an [...]
Read MoreNonfarm Payroll +243,000 ; Unemployment Rate 8.3%; Those Not in Labor Force Rose an Amazing 1,177,000
Quick Notes About the “Falling” Unemployment Rate In the last year, the civilian population rose by 3,565,000. Yet the labor force only rose by 1,145,000. Those not in the labor force rose by 2,420,000. In January, the Civilian Labor Force rose by 508,000. In January, those “Not in Labor Force” rose by an [...]
Read MoreProvidence Rhode Island Faces "Bankruptcy by June" says Mayor; Pension Plan 32% Funded (and About to Get Worse)
Untenable pension promises made by corrupt politicians to corrupt unions in an unholy alliance is about to sink another city. Please consider Providence is facing bankruptcy Rhode Island’s capital city will be in bankruptcy by June if it doesn’t get help resolving its financial crisis. That was the dire warning from Providence Mayor Angel Taveras [...]
Read MoreProvidence Rhode Island Faces "Bankruptcy by June" says Mayor; Pension Plan 32% Funded (and About to Get Worse)
Untenable pension promises made by corrupt politicians to corrupt unions in an unholy alliance is about to sink another city. Please consider Providence is facing bankruptcy Rhode Island’s capital city will be in bankruptcy by June if it doesn’t get help resolving its financial crisis. That was the dire warning from Providence Mayor Angel Taveras [...]
Read MoreThe January Jobs Report
Today’s BLS jobs-report indicates the economy added 243 thousand jobs in January, which was about 90 thousand jobs above the consensus forecast of 155 thousand. Our forecast was 150,000. This gain was accompanied by a fall in the unemployment rate from 8.5 percent in December to 8.3 percent in January. The job-gains were pretty broad [...]
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