@ProofCollection said:
First of all, there's no national housing market although financial pundits like to discuss this creature. Every housing market is local. Rarely do all areas of the country decline at the same time, maybe that's what you mean? Maybe you forgot about the 25% crash in LA, Riverside, and Ventura county in the early 90's for example?
Not at all, that's EXACTLY what I am talking about. By diversifying geogrphically, absent a decline in the median national home index, the bonds all work out, even the lower tranches of MBS and CMOs.
That is what did NOT happen in 2008. That and the leverage.
@derryb said:
don't need a gold standard for sound money. All we need is law that requires congress spend no more than what is in the coffers. The White House could prepare all the budgets they want, it is congress that is eager to spend all that has been allotted, even when it's not there. A balanced budget required by law should do the trick.
Explain how this works during World War II........
@derryb said:
don't need a gold standard for sound money. All we need is law that requires congress spend no more than what is in the coffers. The White House could prepare all the budgets they want, it is congress that is eager to spend all that has been allotted, even when it's not there. A balanced budget required by law should do the trick.
Explain how this works during World War II........
Did you mean the coming WWIII?
At the same time congress legally declares a war (unlike the past 30 years of continuous conflict) it also passes emergency legislation to fund it with war bonds. Yes, it borrows the money, but repays it with a haircut imposed on various departments and agencies when the conflict ends. A temporary, higher tax on defense corporations that profit from the war should also be imposed. Legislation requiring the sons and daughters aged 18-25 of all congress members to be inducted to serve in such a war would likely put some restraint on declaring needless war.
Repetition of ignorance is ignorance raised to the power two.
" ‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis "
-Thousands of Americans will receive little or nothing from savings accounts that were locked during the collapse of fintech middleman Synapse.
-Customers believed the accounts were backed by the full faith and credit of the U.S. government.
-CNBC spoke to a dozen customers caught in the predicament, people who have lost sums ranging from $7,000 to well over $200,000.
-While there’s not yet a full tally of those left shortchanged, at fintech Yotta alone, 13,725 customers say they are being offered a combined $11.8 million despite putting in $64.9 million in deposits.
Kind of a mess, since there was a middleman involved. But... the depositors believed they were protected by FDIC, and claim they were told so by the various firms involved, since the deposits were being held in several banks (which are insured by FDIC).
Up to $96 million is missing; and the FDIC is not going to cover the depositors.
@tincup said:
Kind of a mess, since there was a middleman involved. But... the depositors believed they were protected by FDIC, and claim they were told so by the various firms involved, since the deposits were being held in several banks (which are insured by FDIC). Up to $96 million is missing; and the FDIC is not going to cover the depositors.
I feel bad for these people, but this is why you invest DIRECTLY with a bank or a big mutual fund company like Fidelity or Schwab and put your safe $$$ into their safe money market funds.
Of course, if we taught investment and finace basics in high school, this doesn't happen.
De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others, are seeking to set up trade channels using currencies other than the almighty dollar.
@dcarr said:
Citibank was not "forced" to make such loans. The Government-Sponsored Enterprises (GSEs) wanted the loans to be available. But they could not legally force Citibank or anyone else to make such loans. They could only encourage them to do so and to provide backing for them to do so. It was entirely Citibank's decision to make them. And of course, their plan was to securitize them and package them with insurance from AIG, into "Mortgage Backed Securites" (MBS) and offload them onto some suckers. AIG was happy to rake in the fees and never planned to pay out on the insurance.
Yes, they weren't forced...technically. But what happens to their CRA score and there relationship to the regulators if all their competitors are making crap loans to "politically marginalized groups" and Citibank isn't ???
AIG didn't provide insurance for MBS or CMOs. Credit default swaps are separate. AIGs CEO was chosen by Elliot Spitzer and his party.
.
"Technically" ? What does that mean here ?
Maybe they felt that it would make them look good to make the loans, and that they could profit from doing so. But they were never forced. They could have still served the under-privileged communities without making zero-equity and negative-equity loans.
Technically, MBS would be packaged with insurance (such as that underwritten by AIG) making it into Collateralized Debt Obligations (CDOs). AIG was bailed out for the benefit of Goldman Sachs because GS held a large quantity of those CDOs.
@FredJRI said:
Any thoughts about this statement???
De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others, are seeking to set up trade channels using currencies other than the almighty dollar.
hummmmmmmm
correct statement. I would only add this: "much of their desire for alternative payment methods is due to the weaponization of the dollar as demonstrated with sanctions/dollar confiscation against Russia." India, China, Brazil and Malaysia, among others have witnessed what can happen if they don't play ball with US policy. This is the primary reason BRICs was founded and grows.
Repetition of ignorance is ignorance raised to the power two.
" Fishing for personal information is against forum rules. Do you wish to be reported? "
Odd... just looked at the listed rules as a refresher but don't really see that. Perhaps your own 'facts' aren't always fact (but perhaps that rule is listed in another spot that I did not see? If so, I'm sure you will point it out to me).
" Im the sandman. I'm a redneck hillbilly. I'm the footsteps on your brain.
Deal with it. "
'kay then! Guess we did find out something about you, though I thought you were in the financial industry! So you are saying that you are here just to mess with our brains? Isn't that against the rules?? lol....
@tincup said:
" Im the sandman. I'm a redneck hillbilly. I'm the footsteps on your brain.
Deal with it. "
'kay then! Guess we did find out something about you, though I thought you were in the financial industry! So you are saying that you are here just to mess with our brains? Isn't that against the rules?? lol....
Is that a fact?
Apparently I'm having great success. Is that a bean in your cup?
Maybe I'm just the rough surface to disrupt the echoes?
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
@Goldminers said:
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
It's just folk reasoning the who, what, why and how in search of when..
@Goldminers said:
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
It's just folk reasoning the who, what, why and how in search of when..
Folks are weak. Ours is not to reason why, it is do and die. Just buy gold and forget about the banks. They should be in a fiat currency forum
@FredJRI said:
Any thoughts about this statement???
De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others, are seeking to set up trade channels using currencies other than the almighty dollar.
hummmmmmmm
OK, it's an accurate definition of de-dollarization. What's the point?
This was inevitably going to happen. Decentralized finance and crypto makes international trade so easy now.
@Goldminers said:
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
It's just folk reasoning the who, what, why and how in search of when..
Totally agree Goldminer. Did a little lookback on this thread, out of curiosity, to get an idea of where or how it got derailed. The thread was started May 2010, and did ok. Around March 2023 or so appears the thread got pulled... lured... distracted into different directions. My opinion only... use your own judgement.
Smoke and mirrors and BS statements. I think you will see a similar pattern in some other threads,
@Goldminers said:
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
It's just folk reasoning the who, what, why and how in search of when..
Totally agree Goldminer. Did a little lookback on this thread, out of curiosity, to get an idea of where or how it got derailed. The thread was started May 2010, and did ok. Enter a certain poster around March 2023, and from there on appears the thread got pulled... lured... distracted into different directions. My opinion only... use your own judgement.
Smoke and mirrors and BS statements. I think you will see a similar pattern in some other threads.
@FredJRI said:
Any thoughts about this statement???
De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others, are seeking to set up trade channels using currencies other than the almighty dollar.
All authoritarian countries looking to gain an edge but can't do it. The dollar is used in 90% of all currency transactions and the U.S. role as the reserve currency is secure because of our focus on property rights, the rule of law, liquidity, transparency, and large liquid money and bond markets (and the currency markets).
@Goldminers said:
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
Any thoughts on supply trends for the gold miners ? It appears 2023 saw a supply increase and maybe 2024, too.
Yet the mining stocks still lag. Are they grabbing the metal at a loss or a negative EVA for the shareholders ?
@Goldminers said:
Folks are weak. Ours is not to reason why, it is do and die. Just buy gold and forget about the banks. They should be in a fiat currency forum
Looking back, I'm amazed at the lack of economic, monetary, and currency information I got from K-12.
@GoldFinger1969 said:
Even with the price decline, stronger dollar, and surging Bitcoin....gold is still less than 4% away from an ATH.
Yes, they do not call it The Metal of Kings for nothing. I still believe we will continue to see new all-time highs in the near future, but I just can't bring myself to continue buying at these levels. I was already getting queasy when I was adding those last few AGEs, AGBs and GMLs from Costco around the $2K level.
Problem now is all these extra dollars and nothing to buy. A good problem to have I suppose. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
It is highly suspicious that you are so evasive about the type of work you do for a living (or what work you have done in your career).
.
Focus on the message, not the messenger.
Should the words of a slave, a minister or a convicted felon be discounted because of how we identify them?
Gold is good.
.
Both the message and the messenger need to be evaluated.
What is the motivation of the messenger ?
Is the message a bit of propaganda ?
Does the messenger have an agenda ?
This is why reputable financial news sources disclose information about the commentators (messengers). Such as, who the messenger works for and what positions they have in the market.
It is hard to take a messenger seriously when they hide behind an anonymous keyboard and an ugly mask.
I believe the messenger is a stacker just like the rest of us. Every PM message board I have been a part of has been anonymous (mostly). What is the obsession with needing to know where one works and where they purchase their toilet paper?
P.S. I'm still holding hopes for my in gutter we trust fantasy tokens. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Sentiment drives a lot of the market, and currently the gold miners are not in favor as much as other items with upward momentum. Supply and demand are not the main drivers currently.
The media pushed tech and bitcoin, and the buyers respond. At some point, this will change. I have been nibbling at a few mining stocks.
@Goldminers said:
Sentiment drives a lot of the market, and currently the gold miners are not in favor as much as other items with upward momentum. Supply and demand are not the main drivers currently. The media pushed tech and bitcoin, and the buyers respond. At some point, this will change. I have been nibbling at a few mining stocks.
I followed them 30+ years ago. Subscribed to a bunch of newsletters, too. Remember Bema Gold ?
Checking out Fred Hickey, ex-Barron's Roundtable member....tech guy....likes gold.
@jmski52 said:
How do you finance wars when you are $36 trillion in debt and other countries are selling US Treasuries because of their fear of sanctions?
Inflation seems to be preferred over default.
This ATH for gold is only the beginning. The dollar price of gold all relative. What matters is the ounces.
How? With the push of a button. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
You make it sound so easy. That being the case, how do you think that all this button-pushing will affect ordinary Americans - the ones who don't have government contracts or government employment?
Q: Are You Printing Money? Bernanke: Not Literally
@Goldminers said:
Sentiment drives a lot of the market, and currently the gold miners are not in favor as much as other items with upward momentum. Supply and demand are not the main drivers currently.
The media pushed tech and bitcoin, and the buyers respond. At some point, this will change. I have been nibbling at a few mining stocks.
Mining stocks may have more of a tailwind now. I don't follow them closely but at least now the American mines have a positive outlook for low energy prices which makes mining more profitable as well as a friendlier regulatory environment.
@jmski52 said: How? With the push of a button. RGDS!
You make it sound so easy. That being the case, how do you think that all this button-pushing will affect ordinary Americans - the ones who don't have government contracts or government employment?
Ordinary Americans like me? We be doing just fine. In fact we be BOOMIN! RGDS!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
@jmski52 said: Ordinary Americans like me? We be doing just fine. In fact we be BOOMIN! RGDS!!
Explain the 818,000 downward revision in the jobs report.
Explain the 2 million jobs created over the last year.
161 million folk are working. 96% of folk who want a job have one. The 4% that don't are most likely unhirable due to their overestimating their skills, outright lack of skills, or demonstrate poor character, morals or integrity.
Do you mean the low-pay service jobs that were almost totally given to illegals? Those jobs? Besides that, every month there are downward revisions, never upward revisions. Strange, eh?
I was hoping that blitzie could somehow explain his overexuberance.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
Do you mean the low-pay service jobs that were almost totally given to illegals? Those jobs? Besides that, every month there are downward revisions, never upward revisions. Strange, eh?
That's a lot of political talking point and while some jobs go to immigrants (domestic folk would rather collect welfare) many jobs are created in new business ventures 100s of thousands of new businesses are started each month.
And let's not forget the affect 11million+ illegal immigrants have on the US job market and on the economy. Keep in mind that those jobs pay low because the people holding them will accept low pay. After all, that is why they get hired.
Repetition of ignorance is ignorance raised to the power two.
I can tell you Coho, your job numbers are garbage and not true. Stop selling that turd. I am in the mix and it's not the wine and roses you think it is because of some number jumbo.
Explain the 2 million jobs created over the last year.
161 million folk are working. 96% of folk who want a job have one. The 4% that don't are most likely unhirable due to their overestimating their skills, outright lack of skills, or demonstrate poor character, morals or integrity.
This is BS, sorry but no. My 30yrs of experience that CEOs tell me scares them and won't hire me because of age discrimination or them thinking I need a team while I'm hunting..... If you want to put up and shut up, give me a job.
Comments
Not at all, that's EXACTLY what I am talking about. By diversifying geogrphically, absent a decline in the median national home index, the bonds all work out, even the lower tranches of MBS and CMOs.
That is what did NOT happen in 2008. That and the leverage.
Explain how this works during World War II........
Did you mean the coming WWIII?
At the same time congress legally declares a war (unlike the past 30 years of continuous conflict) it also passes emergency legislation to fund it with war bonds. Yes, it borrows the money, but repays it with a haircut imposed on various departments and agencies when the conflict ends. A temporary, higher tax on defense corporations that profit from the war should also be imposed. Legislation requiring the sons and daughters aged 18-25 of all congress members to be inducted to serve in such a war would likely put some restraint on declaring needless war.
Repetition of ignorance is ignorance raised to the power two.
and now the latest failure:
" ‘I have no money’: Thousands of Americans see their savings vanish in Synapse fintech crisis "
Kind of a mess, since there was a middleman involved. But... the depositors believed they were protected by FDIC, and claim they were told so by the various firms involved, since the deposits were being held in several banks (which are insured by FDIC).
Up to $96 million is missing; and the FDIC is not going to cover the depositors.
I feel bad for these people, but this is why you invest DIRECTLY with a bank or a big mutual fund company like Fidelity or Schwab and put your safe $$$ into their safe money market funds.
Of course, if we taught investment and finace basics in high school, this doesn't happen.
It would still happen. Greed does amazing things to some.
Any thoughts about this statement???
De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others, are seeking to set up trade channels using currencies other than the almighty dollar.
hummmmmmmm
What about a 30% tariff on imports from Russia, India, China?
Do we really need their goods?
Largest China & Russia Imports to USA;
include electronic equipment, machinery, nuclear reactors (LMAO), boilers, toy and games.
I'd say Noooooooo .. made in the USA
.
Vultures preying on the weak.
.
.
"Technically" ? What does that mean here ?
Maybe they felt that it would make them look good to make the loans, and that they could profit from doing so. But they were never forced. They could have still served the under-privileged communities without making zero-equity and negative-equity loans.
Technically, MBS would be packaged with insurance (such as that underwritten by AIG) making it into Collateralized Debt Obligations (CDOs). AIG was bailed out for the benefit of Goldman Sachs because GS held a large quantity of those CDOs.
.
We are weak.
Knowledge is the enemy of fear
One of the antidotes is sound money.
End the Fed.
I knew it would happen.
Home economics?
Repetition of ignorance is ignorance raised to the power two.
correct statement. I would only add this: "much of their desire for alternative payment methods is due to the weaponization of the dollar as demonstrated with sanctions/dollar confiscation against Russia." India, China, Brazil and Malaysia, among others have witnessed what can happen if they don't play ball with US policy. This is the primary reason BRICs was founded and grows.
Repetition of ignorance is ignorance raised to the power two.
End Congress.
Knowledge is the enemy of fear
.
End anonymous banking/finance spokespersons.
.
Fishing for personal information is against forum rules. Do you wish to be reported?
Why do you combat so against facts? What is your agenda? Because your business is to overwrite history?
Im the sandman. I'm a redneck hillbilly. I'm the footsteps on your brain.
Deal with it.
Knowledge is the enemy of fear
" Fishing for personal information is against forum rules. Do you wish to be reported? "
Odd... just looked at the listed rules as a refresher but don't really see that. Perhaps your own 'facts' aren't always fact (but perhaps that rule is listed in another spot that I did not see? If so, I'm sure you will point it out to me).
" Im the sandman. I'm a redneck hillbilly. I'm the footsteps on your brain.
Deal with it. "
'kay then! Guess we did find out something about you, though I thought you were in the financial industry! So you are saying that you are here just to mess with our brains? Isn't that against the rules?? lol....
Is that a fact?
Apparently I'm having great success. Is that a bean in your cup?
Maybe I'm just the rough surface to disrupt the echoes?
Why choose prison?
Knowledge is the enemy of fear
Is this a bank forum? Honestly if we would focus on PM's just a bit more, it would be better. Yes, dollar and banking interrelationships exist, but this banking, Fed, and in some cases imaginary history or interpretations back and forth is not really helpful.
My US Mint Commemorative Medal Set
It's just folk reasoning the who, what, why and how in search of when..
Knowledge is the enemy of fear
Folks are weak. Ours is not to reason why, it is do and die. Just buy gold and forget about the banks. They should be in a fiat currency forum
My US Mint Commemorative Medal Set
OK, it's an accurate definition of de-dollarization. What's the point?
This was inevitably going to happen. Decentralized finance and crypto makes international trade so easy now.
http://ProofCollection.Net
.
As I indicated previously, you don't need to be specific. I never asked who you were. I don't care to know your name or where you live.
It is highly suspicious that you are so evasive about the type of work you do for a living (or what work you have done in your career).
.
Focus on the message, not the messenger.
Should the words of a slave, a minister or a convicted felon be discounted because of how we identify them?
Gold is good.
Knowledge is the enemy of fear
Totally agree Goldminer. Did a little lookback on this thread, out of curiosity, to get an idea of where or how it got derailed. The thread was started May 2010, and did ok. Around March 2023 or so appears the thread got pulled... lured... distracted into different directions. My opinion only... use your own judgement.
Smoke and mirrors and BS statements. I think you will see a similar pattern in some other threads,
Dang those who carry an epistemic bubble pin.
Knowledge is the enemy of fear
All authoritarian countries looking to gain an edge but can't do it. The dollar is used in 90% of all currency transactions and the U.S. role as the reserve currency is secure because of our focus on property rights, the rule of law, liquidity, transparency, and large liquid money and bond markets (and the currency markets).
Any thoughts on supply trends for the gold miners ? It appears 2023 saw a supply increase and maybe 2024, too.
Yet the mining stocks still lag. Are they grabbing the metal at a loss or a negative EVA for the shareholders ?
Looking back, I'm amazed at the lack of economic, monetary, and currency information I got from K-12.
Even with the price decline, stronger dollar, and surging Bitcoin....gold is still less than 4% away from an ATH.
Yes, they do not call it The Metal of Kings for nothing. I still believe we will continue to see new all-time highs in the near future, but I just can't bring myself to continue buying at these levels. I was already getting queasy when I was adding those last few AGEs, AGBs and GMLs from Costco around the $2K level.
Problem now is all these extra dollars and nothing to buy. A good problem to have I suppose. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Anyone cre to speculate how much the value of gold will change in the next year.
-5 percent, plus 5 percent, plus 10 percent
.
Both the message and the messenger need to be evaluated.
What is the motivation of the messenger ?
Is the message a bit of propaganda ?
Does the messenger have an agenda ?
This is why reputable financial news sources disclose information about the commentators (messengers). Such as, who the messenger works for and what positions they have in the market.
It is hard to take a messenger seriously when they hide behind an anonymous keyboard and an ugly mask.
.
I believe the messenger is a stacker just like the rest of us. Every PM message board I have been a part of has been anonymous (mostly). What is the obsession with needing to know where one works and where they purchase their toilet paper?
P.S. I'm still holding hopes for my in gutter we trust fantasy tokens. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Sentiment drives a lot of the market, and currently the gold miners are not in favor as much as other items with upward momentum. Supply and demand are not the main drivers currently.
The media pushed tech and bitcoin, and the buyers respond. At some point, this will change. I have been nibbling at a few mining stocks.
My US Mint Commemorative Medal Set
I followed them 30+ years ago. Subscribed to a bunch of newsletters, too. Remember Bema Gold ?
Checking out Fred Hickey, ex-Barron's Roundtable member....tech guy....likes gold.
How do you finance wars when you are $36 trillion in debt and other countries are selling US Treasuries because of their fear of sanctions?
Inflation seems to be preferred over default.
This ATH for gold is only the beginning. The dollar price of gold all relative. What matters is the ounces.
I knew it would happen.
How? With the push of a button. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
How? With the push of a button. RGDS!
You make it sound so easy. That being the case, how do you think that all this button-pushing will affect ordinary Americans - the ones who don't have government contracts or government employment?
I knew it would happen.
Mining stocks may have more of a tailwind now. I don't follow them closely but at least now the American mines have a positive outlook for low energy prices which makes mining more profitable as well as a friendlier regulatory environment.
http://ProofCollection.Net
Ordinary Americans like me? We be doing just fine. In fact we be BOOMIN! RGDS!!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Ordinary Americans like me? We be doing just fine. In fact we be BOOMIN! RGDS!!
Explain the 818,000 downward revision in the jobs report.
I knew it would happen.
.
Explain the 2 million jobs created over the last year.
161 million folk are working. 96% of folk who want a job have one. The 4% that don't are most likely unhirable due to their overestimating their skills, outright lack of skills, or demonstrate poor character, morals or integrity.
Knowledge is the enemy of fear
Do you mean the low-pay service jobs that were almost totally given to illegals? Those jobs? Besides that, every month there are downward revisions, never upward revisions. Strange, eh?
I was hoping that blitzie could somehow explain his overexuberance.
I knew it would happen.
That's a lot of political talking point and while some jobs go to immigrants (domestic folk would rather collect welfare) many jobs are created in new business ventures 100s of thousands of new businesses are started each month.
https://home.treasury.gov/news/featured-stories/small-business-and-entrepreneurship-in-the-post-covid-expansion#:~:text=Entrepreneurship continues to surge: the,percent more than in 2019.
There are oftentimes upward revisions. This guy does a fairly good analysis of the process.
https://thedispatch.com/article/jobs-report-revisions-explained/
Knowledge is the enemy of fear
25% of New Jobs Are In Government
DOGE will hopefully fix this.
And let's not forget the affect 11million+ illegal immigrants have on the US job market and on the economy. Keep in mind that those jobs pay low because the people holding them will accept low pay. After all, that is why they get hired.
Repetition of ignorance is ignorance raised to the power two.
I can tell you Coho, your job numbers are garbage and not true. Stop selling that turd. I am in the mix and it's not the wine and roses you think it is because of some number jumbo.
This is BS, sorry but no. My 30yrs of experience that CEOs tell me scares them and won't hire me because of age discrimination or them thinking I need a team while I'm hunting..... If you want to put up and shut up, give me a job.