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Author Topic: Misery Index: The Obama Depression - "Private sector doing just Fine"  (Read 110987 times)
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« Reply #1550 on: January 23, 2015, 01:26:43 PM »

http://www.bloombergview.com/articles/2015-01-23/housing-weak-even-with-government-programs-and-big-bank-interest?cmpid=yhoo
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« Reply #1551 on: January 25, 2015, 08:27:00 AM »

http://www.washingtonpost.com/sf/investigative/2015/01/24/the-american-dream-shatters-in-prince-georges-county/
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« Reply #1552 on: January 26, 2015, 05:34:37 PM »


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Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110K
Daily Mail ^ | 1/26/15 | Thomas Burrows
Posted on January 26, 2015 at 6:41:54 PM EST by Libloather

Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the world

IBM is preparing to scrap 110,000 of its global 430,000 workforce in the biggest corporate cull in the computer giant's history, a report has revealed.

The company will make the job cuts this week under a plan known internally as 'project chrome', according to US technology blogger Robert Cringely on Forbes website.

IBM is in the process of layoffs, as disclosed in its latest earnings report last week but said the number of job losses was significantly fewer than had been claimed.

(Excerpt) Read more at dailymail.co.uk ...

TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: business; corporate; economy; history; ibm; workforce
To: FReepers; Patriots; FRiends
 
Freepers, your Contributions make every difference!
Please keep ‘em coming! Thank you all very much!

1 posted on January 26, 2015 at 6:41:54 PM EST by Libloather
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To: Libloather
Big Blue is about to become Big Pink Slip.


2 posted on January 26, 2015 at 6:44:34 PM EST by VanDeKoik
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To: Libloather
Hope and change, mofo.... Each and every single o voter who gets laid off deserves Soooooooooooooooooooooo much. Suffer, you sub human pig filth c-ssers...


3 posted on January 26, 2015 at 6:45:15 PM EST by Doctor 2Brains
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To: Libloather
“You didn’t lay that!”


4 posted on January 26, 2015 at 6:45:18 PM EST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Libloather
The Lotus Notes/Domino division will somehow stay alive.


5 posted on January 26, 2015 at 6:45:57 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Libloather
....Off...


6 posted on January 26, 2015 at 6:46:18 PM EST by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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To: Libloather
Will still be a big company but the fact they had to lay off that many people at once suggests that the company was not being managed properly. The ones in charge should put their own names on top of this list.


7 posted on January 26, 2015 at 6:46:19 PM EST by SamAdams76
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To: Libloather
2015 is going to be a year of reckoning.


8 posted on January 26, 2015 at 6:46:43 PM EST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: Libloather
I’ve Been Moved.

takes on a whole new and serious meaning.


9 posted on January 26, 2015 at 6:46:46 PM EST by Responsibility2nd (See Ya On The Road; Al Baby's Mom!)
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To: Libloather
Wow.


10 posted on January 26, 2015 at 6:48:18 PM EST by FatherofFive (Islam is evil and must be eradicated)
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To: Libloather
Thanks liberals!


11 posted on January 26, 2015 at 6:49:00 PM EST by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: Libloather
So how many people does Obama need to drop out of the labor force entirely to offset this?


12 posted on January 26, 2015 at 6:50:27 PM EST by sphinx
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To: Libloather
Let’s wait and see. Could be making this announcement just to boost stock prices and then all of a sudden they’ll only need to lay off half that number.


13 posted on January 26, 2015 at 6:50:49 PM EST by raybbr (Obamacare needs a death panel.)
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To: SkyPilot
B T T T ! ! ! ©

14 posted on January 26, 2015 at 6:51:00 PM EST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: Libloather
Obummer will finish with lower ratings than ANY Prez in US history, if there is still a US.


15 posted on January 26, 2015 at 6:51:27 PM EST by gaijin
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To: Libloather
Once again, I read it in the foreign press first.


16 posted on January 26, 2015 at 6:51:30 PM EST by Steve_Seattle
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To: Libloather
Biggest corporate lay-off in history is expected within days, with IBM believed to be scrapping 110,000 of its 430,000 workforce around the world
PFL

17 posted on January 26, 2015 at 6:52:56 PM EST by Alex Murphy ("the defacto Leader of the FR Calvinist Protestant Brigades")
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To: Libloather
Not to worry....they can get a good job at McDonalds making minimum, and shortly Obama will raise it to $10 so they can raise a family.


18 posted on January 26, 2015 at 6:54:25 PM EST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: Libloather
best wishes to good ones laid off in this environment.


19 posted on January 26, 2015 at 6:55:40 PM EST by Palio di Siena
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To: Libloather
What proportion of their workforce is still in the US? I don’t think they have many actual worker bees left here.

Naturally, there is headquarters, but you can’t very well scrap finance and HR completely, far less the executive suite.


20 posted on January 26, 2015 at 6:57:49 PM EST by proxy_user
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To: Palio di Siena
The H1Bs will no doubt be spared. After the bloodletting, how many more will “magically” appear and be immediately needed?


21 posted on January 26, 2015 at 6:59:14 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Libloather
http://money.cnn.com/2015/01/26/technology/ibm-layoffs/

IBM is denying, but does say there will be some. I think Bloomberg says 10K


22 posted on January 26, 2015 at 7:00:14 PM EST by NoNAIS (Yet another Government program not needed.)
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To: wally_bert
The Lotus Notes/Domino division will somehow stay alive.
Maybe they can use that knowledge in their new jobs at Mickey D's.

BTW. Worked one day for them and resigned.

23 posted on January 26, 2015 at 7:03:18 PM EST by Texicanus (Texas, it's like a whole 'nother country.)
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To: Libloather
ABCNBCCBSCNNMSLSDNYTLAT reporting this in 3...2...1...


24 posted on January 26, 2015 at 7:04:56 PM EST by PROCON (Always give 100%---unless you're donating blood.)
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To: Texicanus
IBM or MickeyD’s?


25 posted on January 26, 2015 at 7:05:47 PM EST by JohnnyP
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To: Libloather
Very interesting the whack a mole, er, IBMer is called Project Chrome.

Is it named after Google’s Chrome which may be eating IE’s lunch.


26 posted on January 26, 2015 at 7:06:20 PM EST by Grampa Dave (Will French, German & Belgians make anti-terror raids on our White House, AG Dept and Homeland Sec.?)
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To: Libloather

One would think IBM could sell lot of these at $2500 a copy.

27 posted on January 26, 2015 at 7:07:42 PM EST by Oliviaforever
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To: Libloather
25% of the workforce?

A minor blip on the road to a thriving economy /s


28 posted on January 26, 2015 at 7:07:46 PM EST by mylife
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To: proxy_user
Burlington Vermont is still a big operation. Fishkill ny is a ghost town.


29 posted on January 26, 2015 at 7:07:47 PM EST by outpostinmass2
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To: wally_bert
Is Lotus Notes still around?


30 posted on January 26, 2015 at 7:08:11 PM EST by BwanaNdege
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To: Texicanus
Mixing Lotus Notes and fast food could not end well.....

Imagine running a cash register with a Notes mentality. Replication, location management, corrupt or missing ID file, bad .INI’s, local versus network, turn on different advanced menus to every common function. The list of disasters is endless.


31 posted on January 26, 2015 at 7:08:52 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: VanDeKoik
The good news is that the unemployment numbers will go down!


32 posted on January 26, 2015 at 7:09:09 PM EST by rwoodward ("god, guns and more ammo")
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To: onyx
Thank God in Heaven, I started a new job today after a year of no income.


33 posted on January 26, 2015 at 7:09:15 PM EST by mylife
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To: sphinx
So how many people does Obama need to drop out of the labor force entirely to offset this?
zer0 will but them all on welfare so it doesn't show up on the unemployment stats.

34 posted on January 26, 2015 at 7:09:24 PM EST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Oliviaforever
They revolutionized the world.

For a while.


35 posted on January 26, 2015 at 7:11:29 PM EST by mylife
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To: BwanaNdege
In my case very much but it’s days are numbered.

Notes on citrix clients isn’t too bad but on a laptop with all the custom modifications to make it work is often another story.

Supporting notes has been an eye opening experience. Nothing I’ve run into begins to compare to it in terms of being awful and seemingly badly designed and made worse.


36 posted on January 26, 2015 at 7:12:26 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: Libloather
“The Crisis is Over.”


37 posted on January 26, 2015 at 7:15:38 PM EST by Varsity Flight (Extortion-Care is is the Government Work-Camp: Arbeitsziehungslager)
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To: outpostinmass2
Burlington Vermont is still a big operation. Fishkill ny is a ghost town.
Both sites were sold to GlobalFoundries. They are waiting regulatory approval for the deal to be final. I work at BTV and can't wait for the deal to go through.

38 posted on January 26, 2015 at 7:15:55 PM EST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: wally_bert
No matter what anyone thinks of Microsoft, EXCEL is fantastic.
Power to the people!


39 posted on January 26, 2015 at 7:16:06 PM EST by mylife
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To: mylife
I have to give Excel it’s due. It is a really great piece of software. I wished I was an Excel guru but I work around a few.


40 posted on January 26, 2015 at 7:17:10 PM EST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: wally_bert
I spent a few months back about 1997 working on becoming a Notes programmer. Thankfully, our Engineering Services department had a better offer for me.


41 posted on January 26, 2015 at 7:17:58 PM EST by BwanaNdege
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To: wally_bert
It is such a powerful tool.
OMG!


42 posted on January 26, 2015 at 7:18:28 PM EST by mylife
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To: wally_bert
http://en.wikipedia.org/wiki/Pivot_table


43 posted on January 26, 2015 at 7:21:33 PM EST by mylife
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To: JohnnyP
IBM...Showed up for work in Dallas, was told to take next flight to Atlanta. Showed them the “no travel” clause in my employment contract and told them KMA.

Best decision I ever made. Made a very good living fixing their H-1B visa guy’s screw-ups. And didn’t have to teach or train any H-1B visa guys either.

Other than that, IBM software and applications been very very good for my career.

Mickey D’s, never worked for them, but I learned to sprechen sie Tex-Mex there.


44 posted on January 26, 2015 at 7:23:21 PM EST by Texicanus (Texas, it's like a whole 'nother country.)
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To: Libloather
This must be what is driving the Kenyan’s Gallup Approval numbers up over 50%.


45 posted on January 26, 2015 at 7:24:44 PM EST by FlingWingFlyer (When the hell do I get MY white privilege? I'm tired of busting my @$$ for a living.)
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To: BwanaNdege
My company uses it exclusively. The databases are huge and we must access them on and off-line.


46 posted on January 26, 2015 at 7:24:48 PM EST by eyedigress
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To: BwanaNdege
“Is Lotus Notes still around?”

You won’t believe this .. I use a spreadsheet that’s 22 years old and yes it was made for Windows. Installed in 1993. Launch it daily to do my simple business accounting.

Anyone want to venture a guess? Made by Borland.


47 posted on January 26, 2015 at 7:26:41 PM EST by George from New England (escaped CT in 2006, now living north of Tampa)
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To: mylife
EXCEL is great especially working with Apache POI to programmatically manipulate spreadsheets.


48 posted on January 26, 2015 at 7:27:06 PM EST by dfwgator
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To: outpostinmass2
As is Endicott, NY.


49 posted on January 26, 2015 at 7:31:01 PM EST by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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« Reply #1553 on: January 26, 2015, 05:40:57 PM »

Jesus 333 , can you at least learn how to cut and paste

Since this is a global company and these are global layoffs what exactly is your point in posting this
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« Reply #1554 on: January 28, 2015, 09:44:41 AM »

http://pittsburgh.cbslocal.com/2015/01/27/woman-in-custody-after-bellevue-bank-robbery



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« Reply #1555 on: January 30, 2015, 07:49:48 AM »

http://www.huffingtonpost.com/2015/01/30/economic-growth-gdp_n_6578782.html


GDP slowing down again
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« Reply #1556 on: January 30, 2015, 11:41:57 AM »

http://www.weeklystandard.com/blogs/biden-past-six-years-have-been-really-really-hard-country_832112.html
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« Reply #1557 on: February 11, 2015, 02:27:43 PM »

http://www.infowars.com/cnbc-anchors-stunned-there-is-no-economic-growth/
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« Reply #1558 on: February 12, 2015, 11:51:20 AM »

Jobless claims rise sharply, top 300,000 again
MarketWatch ^  | 2/12/2015 | Jeffry Bartash

Posted on ‎2‎/‎12‎/‎2015‎ ‎12‎:‎42‎:‎50‎ ‎PM by fhayek

ASHINGTON (MarketWatch) — The number of people who applied for unemployment benefits topped the 300,000 mark in early February for the fourth time in the past six weeks, a sign that the pace of layoffs is starting to level off after an extended decline.

Initial jobless claims increased by 25,000 to 304,000 in the seven days from Feb 1 to Feb. 7, the Labor Department said Thursday. Economists polled by MarketWatch had expected claims to rise to a seasonally adjusted 296,000.


(Excerpt) Read more at marketwatch.com ...
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« Reply #1559 on: February 13, 2015, 05:52:08 AM »

http://www.westernjournalism.com/economy-expert-reveals-2-minutes-pure-truth-obamas-economy/#WlSE50rOxzFkKVa2.97



 Wink
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« Reply #1560 on: February 24, 2015, 12:58:22 PM »

Yellen: Unemployment Rate Looks 'Less Rosy' When Part-Time and Discouraged Workers Are Counted
CNS News.com ^  | February 24,2015 | Ali Meyer

Posted on ‎2‎/‎24‎/‎2015‎ ‎2‎:‎54‎:‎36‎ ‎PM by Hojczyk

Federal Reserve Chair Janet Yellen said Tuesday at a Senate Banking Committee hearing that the U-6 unemployment rate--which includes people who are working part-time for economic reasons and those who are marginally attached to the labor force--“definitely shows a less rosy picture” of employment in the country.

People "marginally attached" to the labor force "are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for one work sometime in the past 12 months."

In January, according to the Bureau of Labor Statistics, the "U-3" unemployment rate, which is the one generally reported, was 5.7 percent. U-6 was 11.3 percent.


(Excerpt) Read more at cnsnews.com ...
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« Reply #1561 on: February 25, 2015, 07:16:25 AM »

http://cnsnews.com/news/article/terence-p-jeffrey/us-homeownership-rate-hits-20-year-low
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« Reply #1562 on: March 03, 2015, 03:19:26 PM »

http://www.cnbc.com/id/102473872

Target cutting thousands of jobs
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« Reply #1563 on: March 04, 2015, 09:22:53 AM »

http://www.businessinsider.com/rbs-plans-to-cut-a-shocking-amount-of-its-investment-bank-jobs-2015-3
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« Reply #1564 on: March 06, 2015, 10:12:30 AM »

http://cnsnews.com/news/article/ali-meyer/56023000-record-number-women-not-labor-force
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« Reply #1565 on: March 06, 2015, 01:56:13 PM »

http://cnsnews.com/news/article/ali-meyer/628-labor-force-participation-has-hovered-near-37-year-low-11-months
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« Reply #1566 on: March 07, 2015, 10:28:31 AM »

http://www.breitbart.com/big-government/2015/03/06/total-net-employment-gains-in-the-u-s-since-the-recession-still-went-to-foreign-born/
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« Reply #1567 on: July 07, 2016, 09:15:57 AM »

http://nypost.com/2016/07/06/a-staggering-percentage-of-americans-are-too-poor-to-shop


FNG obama - worst ever
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« Reply #1568 on: July 28, 2016, 01:36:00 PM »

Millennials Cause Home Ownership to Drop to It's Lowest Level Since 1965
NBC News ^ | July 28, 2016 | Diana Olick
Posted on 7/28/2016, 4:21:21 PM by GuavaCheesePuff

After rising just over a decade ago to its highest level ever, the nation's home ownership rate fell to match its all-time low and could drop even further in the months to come.

In the second quarter of this year, the rate fell to 62.9 percent, not seasonally adjusted, which is the same as it was in 1965, when the U.S. Census started tracking the metric. During the epic housing boom in the mid-2000s, the rate soared as high as 69.2 percent. That was when politicians touted the so-called "ownership society."

(Excerpt) Read more at nbcnews.com ...

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« Reply #1569 on: July 28, 2016, 06:33:10 PM »

That slender black fella who resides on Pennsylvania Avenue sure owns the fuck out of your feeble mind.
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« Reply #1570 on: July 29, 2016, 05:48:34 AM »

That slender black fella who resides on Pennsylvania Avenue sure owns the fuck out of your feeble mind.

http://www.bloomberg.com/news/articles/2016-07-29/u-s-economy-grew-a-less-than-forecast-1-2-in-second-quarter

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« Reply #1571 on: July 29, 2016, 07:37:10 AM »

That slender black fella who resides on Pennsylvania Avenue sure owns the fuck out of your feeble mind.

I've been saying this for years...have you seen all of my ass-kicking threads?Huh?......unemployment at 4.9%...and SC still has the nerve to say the economy is bad.......its embarassing how feeble his mind is
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« Reply #1572 on: July 29, 2016, 07:37:33 PM »

I've been saying this for years...have you seen all of my ass-kicking threads?Huh?......unemployment at 4.9%...and SC still has the nerve to say the economy is bad.......its embarassing how feeble his mind is

He shits all over the GOP.  Jobs, healthcare, terrorists killed.  Nuclear deal with Iran.  He could have gone much further left for my liking, but he's the best since FDR and in the upper echelon of ATG Presidents.
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« Reply #1573 on: August 10, 2016, 07:20:07 AM »

http://abcnews.go.com/Politics/donald-trump-attacks-hillary-clinton-emails-released/story?id=41257876


 Angry
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« Reply #1574 on: September 13, 2017, 12:52:25 PM »

U.S. Investor Optimism Rises Again, Hits 17-Year High
Gallup ^ | 09/13/2017 | Jim Norman

Posted on 9/13/2017, 3:49:17 PM by


Index rises to +138, highest since +147 in September 2000
Hike is latest in 98-point rise since February 2016

68% optimistic about stock market -- tied for highest percentage on record
WASHINGTON, D.C. -- A new surge of optimism among U.S. investors has pushed the Wells Fargo/Gallup Investor and Retirement Optimism Index to its highest level since September 2000. The index, after rising in every quarter since the start of 2016, leveled off in the second quarter at +124 before rising to its current +138 in the third quarter.

U.S. Investor Optimism, 1996-2017
The latest boost in optimism pushes the index almost 100 points higher than the +40 score measured in February 2016. The 98-point hike over the past 18 months is the largest increase in the 20-year history of the index that is not a rebound immediately after a major drop in optimism.

The results come from a July 28-Aug. 6 Wells Fargo/Gallup Investor and Retirement Optimism Index survey of U.S. investors with $10,000 or more invested in stocks, bonds or mutual funds. The seven items that constitute the index include three on personal finances (meeting long-term investment goals, meeting short-term investment goals and maintaining income) and four on the economy (economic growth, the stock market, unemployment and inflation). The survey was in the field as the Dow Jones industrial average approached, then surpassed, the 22,000-point milestone for the first time.


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Investors' Optimism About Stock Market Matches 1999-2000 Record High

One of the key factors in the robust third-quarter index is investors' growing confidence in the stock market.

(Excerpt) Read more at gallup.com ...
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