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Goldman Caves: “The Unemployment Rate Is An Inappropriate Measure Of The Labor Market”

The second half of 2012 saw a significant shift in US monetary policy from calendar-based guidance to outcome-based guidance and the adoption of a 6.5% unemployment rate as a threshold for ‘tapering’.

With Friday’s better-than-expected payrolls data and another tick lower in the critical-to-liquidity unemployment rate, it seems Goldman Sachs (and others) are waking up to the facts that we have been vociferous about: the shift of jobless individuals from unemployment into [...]

However This Debt Crisis Ends Up, It Will Be Good for Gold

iaconoresearch.com / by Tim / 01/16/2013

I don’t know if anyone else is calling the debate over the U.S. debt that is now heating up in Washington a crisis, but, based on how the two sides have staked out their positions on raising the debt ceiling and the looming budget problems that will immediately follow in the unlikely event that the debt ceiling is raised in a timely fashion, there doesn’t seem to be any [...]

Obama Caves, Hits Social Security In Fiscal Cliff benefits the Wealthy

look at the progressives letting Obama have it…Obama has caved to the Republicans…

WASHINGTON — President Barack Obama, with his latest fiscal cliff offer, proposes extending the Bush tax cuts for everyone earning less than $400,000 a year, and paying for it by increasing taxes on the middle class and cutting Social Security and Medicare.

Obama’s offer would allow the payroll tax holiday to expire, meaning middle class workers will see smaller [...]

EMP Drone can knock out whole cities

Aircraft manufacturer Boeing have created a weapon that can knock out computers
The missile is thought to be able to penetrate bunkers and caves
Experts warn, in the wrong hands, could bring Western cities to their knees

Down the years and across the universe, the heroes of science-fiction classics from Dan Dare to Star Wars and The Matrix have fought intergalactic battles with weapons that wipe out enemy electronics at the touch of [...]

HOT HEADLINES – 10/28/2012

breaking

10-28-2012

Last train before the storm: Grand Central deserted and subway CLOSED for second time in history as city goes into lockdown

Secret Service Asking Americans to Report Tweets That ‘Concern You’

Crowd WALKS OUT on Madonna after she backs Obama at New Orleans concert

Greece says EU/IMF lenders refuse to concede on reforms

MUST SEE: How To Confuse An Obama Supporter

Massachusetts SHUTS DOWN Drug STORES following U.S.-WIDE – MENINGITIS OUTBREAK

$43 TRILLION Racketeering + Laundering Lawsuit

BLOOMBERG: [...]

Why the big paws? Paranormal creature hunters claim to have found Vietnam’s Bigfoot

A television programme dedicated to hunting down supernatural phenomena believe they have found Vietnam’s Bigfoot.

Destination Truth, fronted by paranormal researcher Josh Gates, travelled to the southeast Asian peninsular in search of the legendary Batutut, a man-shaped cryptid never before seen by human eyes.

Using thermal imaging equipment Gates’ team trekked through the jungle in a bid to track down the fabled creature of the night.

After some hours searching through forests and [...]

TRADER ALERT! Spain, Euro’s 4th Biggest Economy in ‘Total Emergency’, Admits It Needs European Bailout. – Puts Out SOS!! Germany Ignores!! June 7 may be the D-Day for Europe!

Its 2012.. Everything is about to hit the fan.. I mean everything.

via telegraph:

Spain is in ‘total emergency’, the EU in total denial.

After a Spanish exit from the euro, there would be nothing left to exit from.

I’ve never actually heard the term “total emergency” before, at least not in the context of global economics. It sounds like the title of a disaster movie. When it is uttered in sober tones by [...]

Labor dept. backs off rule to limit farm work by kids

The U.S. Department of Labor is withdrawing a rule that would have limited the sorts of work that children can do on farms.

(Excerpt) Read more at minnesota.publicradio.org …

King: Obama Administration Finally Caves on Youth Farm Labor

Thursday, April 26, 2012

Washington, DC- Congressman Steve King (R-IA) released the following statement today after the Department of Labor announced that it will withdraw its proposed rule to prohibit young people from working on family farms and [...]

“If I lived like an American, the world would surely collapse..”

The man who quit Money

 

 

18 April 2012 Last updated at 19:04 ET

Daniel Suelo lives in caves in the canyonlands of Utah. He survives by harvesting wild foods and eating roadkill.

He has no job, no bank account and does not accept government welfare. In fact, Suelo has no money at all.

Suelo may have shunned all the trappings of modern American life, but he is not an isolationist.

Since abandoning money in 2000, [...]

The Government Is Doing Essentially Nothing To Address What Is Perhaps Our Biggest Security Vulnerability: A Single EMP Attack Could Potentially Wipe Out Most Of The Electronics In The United States And Instantly Send This Nation Back To The 1800s…

Wikipedia: An electromagnetic pulse (sometimes abbreviated EMP) is a burst of electromagnetic radiation. The abrupt pulse of electromagnetic radiation usually results from certain types of high energy explosions, especially a nuclear explosion, or from a suddenly fluctuating magnetic field. The resulting rapidly changing electric fields and magnetic fields may couple with electrical/electronic systems to produce damaging current and voltage surges.

Most Americans do not know this, but a single EMP [...]

TSA caves, will ditch ‘naked’ scanners

By Ashley Halsey III, Published: July 20

Those blurry but revealing airport body scanner images that caused a public uproar last year are being replaced by a gray, cookie-cutter image of the human form.

After six months of testing at three airports, including Reagan National, the Transportation Security Administration said Wednesday that the new software would be installed on 241 units at 41 airports that use millimeter wave technology .

Software for [...]