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David Rosenberg's Explanation Why The Real Unemployment Rate (U-3) Is 12%
ZeroHedge ^ | 3/4/2011 | Tyler Durden

Posted on 03/04/2011 9:52:04 AM PST by FromLori

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To: TopQuark

They are published by the BLS every time they publish the unemployment rate. It just ruins all the conspiracy theories if you say that.


21 posted on 03/04/2011 10:43:52 AM PST by Domalais
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To: Domalais
Thank you very much, Domalais. It is a rare pleasure on such threads to read a post from a knowledgable person. I am just sick and tired of the Fed-bashing by people who don't even know what Fed does and does not do. As you explained so well:

The fed is using the exact same standard for calculating unemployment now as it did then. During Bush’s recession it was the libs claiming that true unemployment was higher and that his administration was deceiving the public. Everyone likes the agreed upon measure while it is saying the things that they want it to say. They start complaining when it doesn’t support their message.

It would be nice if conservatives on this board rose to the standards --- of both logic and fairness --- at least somewhat higher than liberals.

What's worse is the situation in which they help socialists to weaken our institutions. When libs were attacking unemployment figures and methodology, there was not talk about fundamental changes in our economy. Now the very institutions of markets and democracy are in question.

And all those "conservatives" piling up on the Fed, Wall Street, Goldman, CEOs all the sins invented by the MSM just help destroy the essence of this country.

Thank you again for your informative and accurate post. Perhaps other people on this thread will read it and refrain from behaving at the lib standards.

22 posted on 03/04/2011 10:52:13 AM PST by TopQuark
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To: Domalais
Not the fed, it is the bureau of labor statistics.

Thank you, but I did understand what you meant.

23 posted on 03/04/2011 10:58:05 AM PST by TopQuark
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To: TopQuark

Don’t worry TQ, I have seen plenty enough Bagdad Bennies to know they are lying.

You do know that the statistics he spouts have been squeezed, stomped, stretched, pounded and otherwise massaged in order to present what he wants them to look like. Don’t you?


24 posted on 03/04/2011 11:03:32 AM PST by biff
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To: TopQuark
Just rhetorical sarcasm. Only U3 gets wide dissemination.

>>>>>You’ve founded these statistics.

No, I found these statistics on BLS.

25 posted on 03/04/2011 11:23:05 AM PST by Reagan Man ("In this present crisis, government is not the solution to our problem; government is the problem.")
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To: FromLori

Debate it on-thread.


26 posted on 03/04/2011 11:52:51 AM PST by Admin Moderator
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To: Admin Moderator; All

Debate personal attacks like being called a commie because I don’t support the socialist bankers who supported obama?

That’s right I don’t and why bother to have rules if you are not going to enforce them? This goes on constantly with this poster and toddsterpatriot.

So debate this I have not yet donated this year to Free Republic but I did last year $50.00 and if that’s how things are going to work I won’t be donating this year at all. This site is not worth posting to at all and you and the vicious posters can kiss my ass.

I’m doing ‘God’s work’. Meet Mr Goldman Sachs

http://www.timesonline.co.uk/tol/news/world/us_and_americas/article6907681.ece

Barack’s Wall Street Problem is Now America’s

http://www.noquarterusa.net/blog/2008/09/21/baracks-wall-street-problem-is-now-americas/

JPMorgan CEO Jamie Dimon Donates Serious Cash to Democrats

http://www.opensecrets.org/news/2009/07/jpmorgan-ceo-jamie-dimon-donat.html

JPMorgan Chase Asked to Stop Funding ACORN

http://nlpc.org/stories/2009/09/15/jpmorgan-chase-asked-stop-funding-acorn


27 posted on 03/04/2011 12:50:48 PM PST by FromLori (FromLori">)
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To: listenhillary

Tax receipts tell the real story.

The govt can propagandize all they want about percentages.

There’s a sh!tload of people unemployed and underemployed.


28 posted on 03/04/2011 12:55:00 PM PST by nascarnation
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To: FromLori

Our bankers have learned to privatise profits and socilize losses.

Hang in there.


29 posted on 03/04/2011 1:01:03 PM PST by listenhillary (Social Justice is the epitome of injustice.)
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To: listenhillary

Our bankers have learned to privatize profits and socialize losses.

Damned typos


30 posted on 03/04/2011 1:02:29 PM PST by listenhillary (Social Justice is the epitome of injustice.)
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To: FromLori; Lurker; azhenfud; Wolfie; UCFRoadWarrior; servantoftheservant; Kartographer; ...
Stick around FromLori. I don't care for the mud-slinging either but that's life on a site this large.

Anybody else want FromLori to quit? I don't.

31 posted on 03/04/2011 1:04:38 PM PST by Chunga85 ("Foreclosure Fraud", TARP, "Mortgage Crisis", Bailout)
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To: FromLori

Don’t make the rate too high. They’ll want to pretend it’s low once a Pubbie is back in the White House.


32 posted on 03/04/2011 1:07:24 PM PST by Wolfie
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To: FromLori

The raw, non-massaged or modified U6 unemployment number now stands at 23.8%!!!


33 posted on 03/04/2011 1:10:14 PM PST by 2ndDivisionVet ("You cannot invade the US There would be a rifle behind each blade of grass." Yamamoto)
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To: Chunga85; FromLori

Don’t you even THINK about leaving! I value your threads and posts and while we don’t always agree I think you’re terrific.

It’s Friday- relax a bit and don’t take personal attacks personally ;) The minute they get personal they’ve lost the debate!


34 posted on 03/04/2011 1:12:16 PM PST by SE Mom (Proud mom of an Iraq war combat vet)
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To: FromLori

Unfortunately, with JimRob in the hospital fighting for his life, some admin moderators have chosen to disregard some of his rules and allow flames and personal attacks when the feelings expressed agree with said Moderators’ views.


35 posted on 03/04/2011 1:16:47 PM PST by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: FromLori; Chunga85; TopQuark; All
Keep up the good work Lori.

There are a few on this board who have their lips firmly planted on Goldman Sachs' ass, but far fewer than there once were.

There are many, many, more who appreciate yours and Chunga's posts.

36 posted on 03/04/2011 1:18:00 PM PST by Notary Sojac (Who's Damaged America More? (a) Al Qaeda (b) Wall Street Investment Bankers)
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To: Chunga85; FromLori

Neither do I. Stick around!


37 posted on 03/04/2011 1:18:37 PM PST by ColdOne (AZamericonnie took my tagline & won't give it back!":))
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To: FromLori

You are over the target, that is why you’re getting flak.


38 posted on 03/04/2011 1:23:25 PM PST by null and void (We are now in day 773 of our national holiday from reality. - tic. tic. tic. It's almost 3 AM)
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To: Reagan Man

Another question: What’s the point of “seasonally adjusted”? Just because someone is involved in agriculture or another “seasonal” employ, does that make them any less unemployed when they are out of a job?


39 posted on 03/04/2011 1:23:34 PM PST by TheBattman (They exchanged the truth about God for a lie and worshiped and served the creature...)
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To: FromLori
What can I say? I personally learn from each and every post you put up here. I still think, and would help, you develop a basic primer and link page for those without an economic background, so people could learn the basics.

We all have our specialties, and areas of knowledge, but that may come at the expense of business knowledge and such a page would help fill the gap.

As for the jerks and the tolerance of them here, well, that has been a problem in the past and still is. The religion forum is radioactive with rabid bigots stinking up the place. The Neo Confederates are about to start their spring offensive against the “Yanks”, and the cop haters are only a post away. The Evolutionists are currently on sabbatical with the global warming crowd, and might not be back for a while.

But for all of that, this is the 8th most popular conservative site on the net. You are reaching 100 times as many interested people as those that nip at your heels. Only you can say if the service of reaching those of us that want the info is worth the hassle you go through to get it to us.

Personally, Thank you.

IC

40 posted on 03/04/2011 1:24:40 PM PST by IrishCatholic (No local Communist or Socialist Party Chapter? Join the Democrats, it's the same thing!)
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