Skip navigation

Michele Bachmann, Representative from Minnesota at Tea Party rally

Many Jobs Seen as Failing to Meet the Basics

The Jobless See a Lifeline at Risk

Missouri Halts Extension of Pay for Unemployed

Ohio’s Anti-Union Law Is Tougher Than Wisconsin’s

After an On-Time Passage of a Pared-Back Budget,

Bracing for the Pain to Come

The above were culled from today’s NY Times, though I could have found a similar number of similar content any day in the last month or two, as America undergoes The Great Belt-Tightening. Or at least a large part of America does.  Another part is having quite a different party.  Today’s paper also noted that the following hedge-fund operators did, well, kinda OK for themselves.  At least in fiscal terms:

Edward S. Lampert earned $1.1 billion in 2010David Tepper earned $2.2 billion in 2010James Simons, left, earned $2.5 billion in 2010John Paulson, “earned” 4.9 billion in 2010

The above information was gleaned from an article in the same day’s issue of the NY Times.  To suggest it demonstrates a kind of schism in the US would be putting it very mildly.  On the same day, these charts were to be found in the same paper of record:

These graphs, for those who know how to interpret them are suggestive, even if the data is likely fudged a bit by institutional bias.  Today’s Gallup poll indicated unemployment stood at 10.2 percent, and under-employment at 19.9 percent.  These are probably low-ball figures.   The bottom graph shows what the stocks of Lubrizol corporation did immediately after David Sokol, who had been tapped to take over Berkshire-Hathaway from Warren Buffet, did after he’d bought a large share of such stocks and then suggested Berkshire buy it.  He says he did nothing wrong, but he promptly resigned his position at Hathaway when it was revealed.

American homeAmerican citizen on methFavored rural object, a 30 aught 6 Wall StreetYellowstone Ranch, gated community, houses start at 5 million

AmmoSarah Palin


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: