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Obama cooked the books for the election,
1 posted on 11/03/2012 9:47:37 AM PDT by whitedog57
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To: whitedog57
Bear in mind that these numbers are misleading because Lockheed announced layoffs of 123,000, but was asked by the Obama Administration to delay the layoffs until after the election.

I didn't hear about this.. D anyone have a source? I call BS otherwise.

2 posted on 11/03/2012 9:54:50 AM PDT by Paradox (I want Obama defeated. Period.)
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To: whitedog57
Obama cooked the books for the election

Sure, but it doesn't matter. Reagan added 400,000 a month with an unemployed rate below 6%. No matter what anyone tries to tell you, 8% and 150,000 jobs added per month is not "normal." Real people are living the 0bama's regime disaster.

5.56mm

3 posted on 11/03/2012 9:55:29 AM PDT by M Kehoe
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To: whitedog57

Is this correct that the net increase in employment during the Obama presidency is something like 176,000? But wait. With this new revelation it would be less than 176,000.


4 posted on 11/03/2012 9:56:49 AM PDT by Jukeman (God help us for we are deep in trouble.)
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To: whitedog57

You are half-right, but in principle I agree, Obama is a scumbag.

Lockheed was asked NOT to send possible layoff notices to all 123,000 employees by Obama in early october because those notices would have gone out just a few days before the election. You are required to give 60 days notice.

In return for not doing so, Obama offered to “pay all severance costs”, or attorney fees if they actually do have sequestration (which Obama said in a debate would NOT happen, next day to Des Moines Register, he said it would...sigh) and people sue Lockheed for not giving proper 60 day notice.

So, he said the taxpayers in essence would pick up the attorney fees in order for Lockheed not to freak people out about layoffs just before the election. But he said it isnt politically motivated! Are you kidding me? What a scumbag.

You are only half-right because no way would all 123,000 jobs been lost, so the net jobs report would not have gone down by 123,000, but that jobs report is B.S. anyway, as it seasonally adjusted.... by 1 million jobs in october! Ridiculous. The numbers means jack. This whole presidency and its “transparency” is a crock. I am amazed the American people do not see that.


6 posted on 11/03/2012 10:08:53 AM PDT by berkeleyman81
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To: whitedog57
Are you really surprised? I heard this was coming for the past few months now. And it's not just Lockheed Martin, it's many other government contractors as well. I heard the number can reach over 500,000.

Someone correct me if I'm wrong.

8 posted on 11/03/2012 10:09:36 AM PDT by ducttape45
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To: whitedog57

How many times is this foolishness going to be put out there. Lockheed Martin only has 123,000 employees total. They are not got to layoff 100% of their work force. Not today, not tomorrow, not ever.

123,000 employees could in theory be notified of layoffs that potentially could effect them. That notification will generally tell them how many, type of employee, and sectors that are targeted for layoff. However, it’s not likely that all 123,000 would be notified if the layoffs are only targeted for a particular sector. In that case, only those employees in the targeted sector that could be effected would be notified.


9 posted on 11/03/2012 10:18:57 AM PDT by TBBT
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To: whitedog57

Lockheed Martin employs about 123,000 people worldwide.


12 posted on 11/03/2012 10:31:21 AM PDT by scramjet (I'd give my right arm to be ambidextrous.)
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To: whitedog57
You better recheck your figures. The total employees of Lockheed Martin, as of December 31, 2011, were 123,000. They are not going out of business. Someone has garbled the facts here.

William Flax

14 posted on 11/03/2012 10:43:44 AM PDT by Ohioan
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To: whitedog57

Bad title. It should have read “Lockheed and other defense contractors” Lockheed only employs 123k, My bad. Not enough coffee.


16 posted on 11/03/2012 11:26:29 AM PDT by whitedog57
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To: whitedog57

How can we lose 360k every week to U/E while only 170K actually find employment in a month and then the Labor Board drops the U/E rate as a result .

MAGIC ,,,,, it’s magic I say . . .


18 posted on 11/03/2012 12:21:07 PM PDT by Lionheartusa1 (-: Socialism is the equal distribution of misery :-)
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