We're All Job Doomers Now

We will have the draft if this continues too much longer.


Besides who knows he might decide to join up on his own.
Kids are not too bright in some ways.
 
blackascoal said:
That's real fucking funny.

This nation has mass-murdered and mutilated countless innocent people, Americans don't give a fuck .. but I'm coming down off Obama.

Perhaps you're right .. maybe I shouldn't post today because I'm so full of goddamn rage and anger I wish every motherfucking son-of-a-bitch who supported this maniacal regime to be dead.

I know America doesn't give a fuck about dead Iraqis .. but goddamn, what about the tens of thousands of American men and women who have died and been blown the fuck apart with limbs and brains missing .. for nothing.

Goddamn we are a sick fucking people.
Click to expand...


I wish everyone who supports the occupation of Iraq would have a gun shoved in their hand, and put on foot patrol duty in Fallujah.

I understand your anger. People are removed from the death and carnage. We don't see it. A lot of americans don't really give that much of a shit. Thousands of dead iraqis in Sadr City? Well, we didn't really mean to kill them or target them.

Obama will hopefully put an end to this. And fuck the american media for covering for Bush.
 
perhaps Obama will kick the fox pundits out of the WH press room ?
Especially the gay escort service pundits.
 
Superfreak said:
Yes, using crop land to produce biofuels is idiotic. On that we agree. 15% of our current crops are used for biofuel. One reason for high grain costs.

But using land that cannot be used for crops is certainly an option. As I mentioned... algae is a good example. It can be grown to produce a synthetic oil. It also has good side effects.

1) Algae sucks carbon out of the air.

2) After producing the oil (that can go into biodiesel) the remainder is a high protein food source for livestock.

So not only do you reduce carbon, you get a synthetic oil and a protein/food source for livestock (which reduces their demand on other food sources).

As for your final paragraph... no we do not have the technology to reduce every need for oil at this time. No one is suggesting that we do.
Click to expand...


And the excessive production of algae increases the oxygen in the water. What will be the result of this? Right now that is unknown. Also, the removal of the carbon dioxide from the air in a certain area will have to have effects on the ecosystem. If its close to or next to shore, the coastal plant life will suffer. It will also release increased amounts of oxygen in the air.

My point is that we have fucked up0 enough places by tampering with the natural order of things. Planning on doing it even more for the sake of a short-term answer makes no sense.

Put that same research and investment dollars into wind and solar power and we could eliminate the problem. There is enough energy hitting the earth every day to solve our problems.
 
Solitary said:
And the excessive production of algae increases the oxygen in the water. What will be the result of this? Right now that is unknown. Also, the removal of the carbon dioxide from the air in a certain area will have to have effects on the ecosystem. If its close to or next to shore, the coastal plant life will suffer. It will also release increased amounts of oxygen in the air.

My point is that we have fucked up0 enough places by tampering with the natural order of things. Planning on doing it even more for the sake of a short-term answer makes no sense.

Put that same research and investment dollars into wind and solar power and we could eliminate the problem. There is enough energy hitting the earth every day to solve our problems.
Click to expand...

I agree with wind and solar.

They have studied the algae solution at CSU for many years. They have had an operable system in place that they have been studying and are putting the first full sized plant near New Belgium Brewery to help suck the carbon they emit while also producing the oil and foodsource.

Secondly, the algae already exists, they are simply harvesting it. So the net carbon/oxygen will be the same regardless. They will simply be making it more useful.... eventually they hope to convert ponds and other bodies of water that are infested with algae so as to allow other life to return to the water.

Side note... CSU also has a solar lab where their thin film technology is close to creating the tech at a cost comparable to coal. Once this occurs, commercial properties solar payback will be a year without the government rebates.
 
Superfreak said:
Yes, using crop land to produce biofuels is idiotic. On that we agree. 15% of our current crops are used for biofuel. One reason for high grain costs.

But using land that cannot be used for crops is certainly an option. As I mentioned... algae is a good example. It can be grown to produce a synthetic oil. It also has good side effects.

1) Algae sucks carbon out of the air.

2) After producing the oil (that can go into biodiesel) the remainder is a high protein food source for livestock.

So not only do you reduce carbon, you get a synthetic oil and a protein/food source for livestock (which reduces their demand on other food sources).

As for your final paragraph... no we do not have the technology to reduce every need for oil at this time. No one is suggesting that we do.
Click to expand...

Yep, biodiesel seems much better than ethanol, but how many have diesel engines? There's a lot of information on alternatives and what the feasibility of each is, here:

http://petroleum.berkeley.edu/papers/Biofuels/NRRethanol.2005.pdf
 
if we use massive solar power will it effect the climate by absorbing a percentage of the solar energy ?
 
Superfreak said:
I did not mean to imply that you were hitting the panic button. I just wanted to make sure those who did not have a good understanding of how the unemployment rate is calculated didn't.

As for the rest, I agree completely that a majority in this country are feeling the pinch of higher energy and food prices. Which is why we need to strengthen the dollar NOW. The Fed did what it needed to do to stem the housing problem. But now they need to focus on inflationary factors... time to raise interest rates.
Click to expand...
Need to be careful with that. A large percentage of middle and low-middle income families carry significant debt in the form of variable interest credit. (Part of what has been keeping this house-of-cards economy afloat these past several decades.) With the price of gasoline and food hitting people hard already, adding higher interest to their debt would end up hurting more than a stronger dollar could compensate. Especially since any benefit derived from a stronger dollar would be delayed by several months, whereas the increase in interest rates would hit them immediately.
 
I earlier posed the question about whether or not there was a cyclical effect on unemployment results, it seems there is.

I just ran across the following regarding teens looking for summer employment, I would assume college students also fall into this pool. It didn't occur to me that minimum wage may be playing a part in this. Makes sense:

http://www.examiner.com/a-1431559~Kristen_Lopez_Eastlick__Dude__where_s_my_summer_job_.html

Commentary
Kristen Lopez Eastlick: Dude, where’s my summer job?

Kristen Lopez Eastlick
2008-06-09 07:00:00.0
Current rank: # 3 of 3,881
WASHINGTON -

Finals week is over; summer is here. And thanks to misguided politicians, your teenager is more likely to be sitting in front of the television than waiting tables or scooping ice cream.

This year, it’s harder than ever for teens to find a summer job. Researchers at Northeastern University described summer 2007 as “the worst in post-World War II history” for teen summer employment, and those same researchers say that 2008 is poised to be “even worse.”

According to their data, only about one-third of Americans 16 to 19 years old will have a job this summer, and vulnerable low-income and minority teens are going to fare even worse.

The percentage of teens classified as “unemployed” — those who are actively seeking a job but can’t get one — is more than three times higher than the national unemployment rate, according to the most recent Department of Labor statistics.

One of the prime reasons for this drastic employment drought is the mandated wage hikes that policymakers have forced down the throats of local businesses. Economic research has shown time and again that increasing the minimum wage destroys jobs for low-skilled workers while doing little to address poverty.

According to economist David Neumark of the University of California at Irvine, for every 10 percent increase in the minimum wage, employment for high school dropouts and young black adults and teenagers falls by 8.5 percent. In the past 11 months alone, the United States’ minimum wage has increased by more than twice that amount.

So it should be no surprise to see teen jobs disappearing or to hear bleak testimony from employers across the country that make these hiring decisions...
Click to expand...
 
well as times get harder, typical teen jobs are taken up by older workers trying to make ends meet.

If you travel to poorer more rural areas look at the ages of workers in McDonalds for instance.
 
uscitizen said:
well as times get harder, typical teen jobs are taken up by older workers trying to make ends meet.

If you travel to poorer more rural areas look at the ages of workers in McDonalds for instance.
Click to expand...

Some more input:

http://seekingalpha.com/article/80448-is-the-minimum-wage-increase-behind-the-50-jobless-rate-jump

Most teens get summer jobs for their own spending money, otherwise they face a summer of sleeping late, nagging moms, tv, and eating too much. Not many 17 year olds want to hang out at the public swimming pool at 3 in the afternoon. They might like to be a lifeguard though, but those positions have been severely reduced.

My son was lucky, home for his last summer before graduation, he had 2 jobs he thought were 'his.' Unfortunately the employers decided they needed to reduce the number and he was out. He was able to get a better job for the county, doing maintainence, at $12 an hour, 40 hours a week. Considering he has no experience with this kind of work, they made him a 'foreman' with 2 high school kids under him. They work for minimum wage. Seems they used to have 3 crews like this. (From what I can tell, his higher position means he's the keeper of the keys and driver of the pick up truck. It probably helped him that he's a law enforcement major and honor student. He also worked 2 years as a RA, so I guess that proves some supervisory ability.)

Why the lower number of summer positions? Well with the minimum wage being where it is and going up next month, they have 2 high schoolers instead of 6. My son makes $12 instead of $9 something. So one of him rather than 3. Obviously the ones hired have more work to do and I'm sure that's more true of the yearly employees.

So a few kids make more, more kids are not going to get any job at all. Those working are working harder.
 
Darla said:
Oh yeah, I read that too yesterday. Oil went up again today to over 130 a barrel because a Morgan Stanley analyst said he expected it to hit 150 a barrel by July 4th. I don’t think things are going too well, even taking into account that the high IQ people are still buying. But you know me, a pinhead and single, what could I know?
Click to expand...

Morgan Stanley IS THE BIGGEST OIL SPECULATOR out there...of course they keep predicting $150 a barrel oil and $200 dollar oil....they own oil and ARE THE ONES that have manipulated the market, due to what some call the Enron loophole that (R) Senator Graham put in a bill in the middle of the night back in 2000.

The financial institutions are the ones DRIVING oil prices UP to WELL over and ABOVE supply and demand and the deflation of the dollar...(Which they did on the dot.com boom, and they did on the housing boom...)

They need to shut the hell up with their "predicted oil prices per barrel"....

And Congress needs to close the loophole TODAY, not yesterday.

and good morning Darla :)

Care
 
Kathianne said:
Some more input:

http://seekingalpha.com/article/80448-is-the-minimum-wage-increase-behind-the-50-jobless-rate-jump

Most teens get summer jobs for their own spending money, otherwise they face a summer of sleeping late, nagging moms, tv, and eating too much. Not many 17 year olds want to hang out at the public swimming pool at 3 in the afternoon. They might like to be a lifeguard though, but those positions have been severely reduced.

My son was lucky, home for his last summer before graduation, he had 2 jobs he thought were 'his.' Unfortunately the employers decided they needed to reduce the number and he was out. He was able to get a better job for the county, doing maintainence, at $12 an hour, 40 hours a week. Considering he has no experience with this kind of work, they made him a 'foreman' with 2 high school kids under him. They work for minimum wage. Seems they used to have 3 crews like this. (From what I can tell, his higher position means he's the keeper of the keys and driver of the pick up truck. It probably helped him that he's a law enforcement major and honor student. He also worked 2 years as a RA, so I guess that proves some supervisory ability.)

Why the lower number of summer positions? Well with the minimum wage being where it is and going up next month, they have 2 high schoolers instead of 6. My son makes $12 instead of $9 something. So one of him rather than 3. Obviously the ones hired have more work to do and I'm sure that's more true of the yearly employees.

So a few kids make more, more kids are not going to get any job at all. Those working are working harder.
Click to expand...

Are you afraid of a little hard work? You sound like a commie to me.
 
Good Luck said:
Need to be careful with that. A large percentage of middle and low-middle income families carry significant debt in the form of variable interest credit. (Part of what has been keeping this house-of-cards economy afloat these past several decades.) With the price of gasoline and food hitting people hard already, adding higher interest to their debt would end up hurting more than a stronger dollar could compensate. Especially since any benefit derived from a stronger dollar would be delayed by several months, whereas the increase in interest rates would hit them immediately.
Click to expand...

1) Interest rates on mortgages will not be adversely effected given that they did not decline with the rate decreases.

2) Credit card rates are typically tied to LIBOR. If you bump rates by 1% or even 2% it is not going to effect consumers to the negative as much as it will help them on the positive strength of the dollar. If they are paying 20% vs. 22% on credit cards, it is not going to make nearly as much of a difference as a stronger dollar.

3) The dollar strengthening will not effect food prices immediately, but it most certainly can help with gas prices quickly. There is about a 30% speculative premium worked into oil right now. About 15% in nat gas. A large part of this speculation is due to the weak dollar coupled with greater demand expectations. Raise rates by 2% and watch how fast oil comes back to the $90-100 barrel range.
 
Care4all said:
Morgan Stanley IS THE BIGGEST OIL SPECULATOR out there...of course they keep predicting $150 a barrel oil and $200 dollar oil....they own oil and ARE THE ONES that have manipulated the market, due to what some call the Enron loophole that (R) Senator Graham put in a bill in the middle of the night back in 2000.

The financial institutions are the ones DRIVING oil prices UP to WELL over and ABOVE supply and demand and the deflation of the dollar...(Which they did on the dot.com boom, and they did on the housing boom...)

They need to shut the hell up with their "predicted oil prices per barrel"....

And Congress needs to close the loophole TODAY, not yesterday.

and good morning Darla :)

Care
Click to expand...


Everyone is speculating on oil right now. That is what happens when you have great uncertainty and high volatility in a given security.

What loophole are you referring to Care?
 
You must log in or register to reply here.
Back
Top