So much for that “it’s just a glitch in the stock-market computer robot” theory, right? Stocks collapsed worldwide as the Fear circled the Earth just as the Sun used to circle the Earth before we had Science — and look what your precious science has done, what with the computers who think Proctor & Gamble is worth $39 a share, which is blasphemy! What is this, 2002? NO IT IS, UH, 2010!
(PG was last worth $37 in mid-July, 2002. And that was the pre-late-July-2002 world.)
Anyway, Greek President Barack Obama just wants you to know, even though unemployment went *up* to 9.9%, there are 290,000 new jobs! And 230,000 were “private sector” jobs, sorting poopy diapers at WalMart for fifteen cents an hour. So stocks are “recovering” a bit, in New York. [TPM/Marketwatch/Bloomberg]
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Somewhere a masturbating crying wingnut (Jonah Goldberg?) is screaming about how unfair the universe is and how things were supposed to get frighteningly worse under Barry not “better.”
Putting computers in charge of Wall Street is actually not a bad idea, since they have more compassion and humanity than most stockbrokers; they do less coke, too.
I read an article in the Wall Street Journal that said the average unemployed male spends 40 minutes a day looking for work and 3 1/2 hours watching television. Imagine how productive they would be if they had a job, especially if the had internet access.
Now that we know computers can successfully influence the markets, I say lets put all military hardware under the control of a general with an iPad.
[re=572392]Cape Clod[/re]: My job provides me with internet access which allows me to participate in making the world a better place by commenting on Wonkette.
Apparently, the terr’ists have won.
It’s the economy stupid
Uncle DukeRagin’ Cajun CarvilleMaybe the Repubtards shall have a sad, or not so much a happy, in November.
Well, the unemployment rate goes up when more people start looking for jobs, so the more hopeful people get about the job market, the more start looking again, and we get a bump in the rate.
So we need more people to fall into deep depression and lose all hope and just sit on their sofa forever and eat cheetohs.
Late July 2002? What happened then? I believe I was vacationing in Dordogne at the time and not keeping up with the markets.
[re=572417]Doglessliberal[/re]: Mmmm…Cheetos….wash ‘em down with Diet Coke, and they counteract each other. What’s on ESPN? Fencing trials from Belgrade? Great!
[re=572403]x111e7thst[/re]: Which you do, by the way.
Fear? Fear travels around the world, while truth is still putting on her bike helmet.
Yes, jobs “have been created.” Why are they always passive, and created? What is this, ex nihilo? Why are rational human beings allowed economic jargon, designed as it is to avoid having to talk to or about humanity, to pass un-parsed?
And somewhere a wingnut is posting on a blog about how that evil Kenyan Obamer told us that the Stimulus would keep unemployment at 8 percent and now it’s 9.9 percent.
Alt-text: “Cahm wid me if you wonna shop!”
Well, since it is a fact that these are all Socialist jobs, the Republicans are refusing to admit they exist.
Unemployment hits 9.9 percent… yay… the economy is great!!!
[re=572389]JMP[/re]: Computers don’t whine about needing a bathroom break every 18 hours, also. But can they hit grounders to the high school baseball team?
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