Homestead mailing list

[Leslie <cayadopi AT yahoo.com>]

John Williams at www.shadowstats.com counts the numbers the old fashioned 
way, the "no hedonics" way.
 
I heard this guy on the radio last week and he has the unemployment numbers 
at just a hair above 20%.
 
Another thing the gov conveniently failed to report is that once you use up 
your state unemployment SUTA benefits, you can switch to federal unemployment 
FUTA.  They failed to report the increase in FUTA recipients.
 
I happen to know one of those "highly trained" census bureau counters..... 
she can't balance her own checkbook, has a serious "logic" problem, is a drug 
and alcohol abuser on/off, and makes up stuff if she has to.....  (a former 
neighbor, not a friend... FYI)
 


--- On Sat, 7/18/09, Lynda <lurine AT com-pair.net> wrote:


From: Lynda lurine AT com-pair.net


You'll be happy to know that the government no longer uses unemployment 
figures from each state.  Nor do they use IRS figures (numbers from the 
quarterly reports employers are required to turn in).  What they do now is 
use the CPS (Current Population Survey).  That translates into them doing a 
60,000 household survey.  They use a 2,025 georgraphic area sampling created 
by the Census Bureau.  Every month 25% of the households are changed out. 
Each household is interviewed for 4 consecutive months.  They are again 
interviewed again 8 months later.

Now, how's that for accurate information?  Oh, and did I mention that you 
are paying for "2,200 highly trained and experienced Census Bureau 
employees" to do these surveys?

Using the old method of determining unemployment you need to add between 5% 
and 10% to the current number.

Plus, neither the old method, nor the new method takes into account the 
self-employed.

Lynda
"Facts do not cease to exist because they are ignored."  Aldous Huxley

----- Original Message ----- 
From: "Robert Walton" <waltonrp AT gmail.com>


> I agree on the unemployment numbers, but is there a web site or something
> that can explain the difference in the measure?
>
> If we are tottering on 20%, that is a near Great Depression number.
>
> Rob - Va
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>From cayadopi AT yahoo.com  Sun Jul 19 11:40:10 2009
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www.shadowstats.com
 
Also, if you listen to the first hour of the radio shows on Saturday (.mp3 so 
you can listen whenever you have time), at www.financialsense.com, they also 
often talk about the b.s. numbers the government puts out and how/why they 
twist the results and explain the original methods of calculation. 
 
The first hour is about major economic segments, including wall street 
summary.  However, these shows translate "what's happening" around the world  
into how it affects us personally.  (1st, 3rd & 4th hours).
 
 

--- On Fri, 7/17/09, Robert Walton <waltonrp AT gmail.com> wrote: 


From: Robert Walton waltonrp AT gmail.com

 
> The voters would be in a real rage if they knew the unemployment rate was
> tottering on 20%!
>
>
I agree on the unemployment numbers, but is there a web site or something
that can explain the difference in the measure?

If we are tottering on 20%, that is a near Great Depression number.

Rob - Va
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>From cayadopi AT yahoo.com  Sun Jul 19 11:45:32 2009
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Everyone has probably heard the Wall Street saying, "Buy Low, Sell High".
 
What most people fail to make a connection on is that this same saying also 
applies to everything we buy in our personal lives.
 
James is right, Inflation (prices high) is lurking around the corner.
 
So take advantage of the Depresssion we are in and stock up and "buy supplies 
while prices are low".....
 
 
Hey James, did you hear that Balmer said that if the Cap & Trade is passed 
that Microsoft is going to ship it's job's overseas!!!  Just add a few more 
people on to those phonied up unemployment numbers the government releases.

--- On Fri, 7/17/09, Clansgian AT wmconnect.com <Clansgian AT wmconnect.com> wrote:






On the cherry side, prices are very modest on just about everything.  But 
... inflation lurks around the fringes.

James




>From Clansgian AT wmconnect.com  Sun Jul 19 12:13:57 2009
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> >Hey James, did you hear that Balmer said that if the Cap & Trade is
> passed that Microsoft is going to ship it's job's overseas!!!

Heard that indeed.  But it's even stickier than that.  Several outfits are
threatening to launch feasible operating systems (such as Google's Chrome)
next year which bypass MicroSoft completely and which will be completely free
and open source.

So not only will Microsoft ship their jobs overseas, it will likely be a
remnant of jobs at best.

I anticipate that Obama is going to be successful in getting most of his
'druthers passed, and this includes Cap and Trade.

Our problem, says I, is that the economic (and social) paradigm has
shifted.  This shift was inevitable and is irrespective of who's in office 
and what
their policies are.  What appears to be gloom and doom is simply our
collective inability or reluctance to shift with the shifting times.  That 
is, if
we expect to get and keep an industrial job (or cubicle dwelling, paper
shifting, job tossing about bags of air), put away enough money for a
comfortable retirement at 55, make money "investing" or in flipping houses 
.... then
times indeed are going to be hard.  We're never going back to that.

Soon or late we must adapt to the changing economic reality, and I mean
changing for good (in both senses as in "forever" and "to our benefit"),  
Those
of us who have always lived in remote areas, close to the bone, and by our
own wits are already 85% of the way there.

I don't mean by this that everyone must become organic farmers or
homesteaders, although a lot more poeple will have to and in fact want to 
considering
the alternatives.  It's just that I think the new city life will be very
different than it is now and the suburban and exurban life will just about
disappear altogether.

James