Friday, May 3, 2013

Barker's Newsbites: Friday, May 3, 2013


Bill's Chicken Salad:

12 oz. can of white meat chicken.

Quarter Pound or so of ham... sliced and diced.

3 oz. or so of turkey pepperoni... fried.

Four or five medium/large mushrooms... sliced, diced and fried along with...

...a half cup of broccoli which has also been sliced and diced.

3 oz. coarsely grated extra-sharp cheddar cheese and 3 oz. coarsely grated mozzarella cheese.

Combine with mayo (to taste and for consistency) and spices (Italian spices; cheese powder.)

Chill in the fridge...

...AND ENJOY...!!!

6 comments:

William R. Barker said...

http://online.wsj.com/article/SB10001424127887324266904578460573639253306.html?mod=WSJ_hpp_LEFTTopStories

Stocks rallied to new highs, giving the Dow industrials a taste of 15000 and pushing the S&P 500 past 1600, after April job-growth data handily "beat expectations."

(*JUST SHAKING MY HEAD*)

The closely watched jobs report bolstered stock-market bulls' argument that the U.S. economy continues to recover steadily, to the benefit of companies' earnings and share prices. A handful of shaky economic reports had cast doubt on that view recently, including disappointing payrolls data last month and a weak reading on April's private-sector job growth Wednesday.

* HA! HA! HA! HA! HA! HA!

* OH... GEEZ... (*WIPING TEARS OF MIRTH FROM MY CHEEK*)

* A "HANDFUL OF SHAKY ECONOMIC REPORTS..."

* OH... AND AS FOR THAT "DISAPPOINTING PAYROLL DATA LAST MONTH..." (READ ON!)

Payroll figures for March and February were revised sharply higher from original readings.

(*GUFFAW*)

* THEY'RE NOW "DEEMED" TO BE BETTER!

(*STOMACH ACHE FROM LAUGHING SO HARD*)

"Even at this level, on a valuation basis, the market looks cheap," said Hank Herrmann, chief executive of Waddell & Reed Financial.

* BUB-BLE! BUB-BLE! BUB-BLE!

* HEY... BUD... *YOU* WHOSE NAME DARE NOT BE MENTIONED... WHAT DO *YOU* THINK ABOUT ALL THIS... er... "GOOD NEWS?"

(*SMIRK*) (*SNORT*)

Orders for manufactured goods decreased 4% in March, according to the Commerce Department.

* AND... THIS IS... er... GOOD NEWS... EVIDENCE OF A GROWING ECONOMY AND "BETTER THAN EXPECTED" EMPLOYMENT GROWTH...???

(*SCRATCHING MY HEAD*)

In other economic news, the Institute for Supply Management data showed the U.S. service sector expanded in April, but at a slower pace than economists expected.

* MEANING... MACDONALD'S JOBS...??? (YET AT A "SLOWER PACE" THAN EXPECTED...?!?!)

* FOLKS... COM'ON... (*STILL SHAKING MY HEAD WHILE SNORTING*)

Crude oil hit a one-month high, and the dollar strengthened.

* FOLKS... IT'S GREAT NEWS THAT THE DOLLAR STRENGTHENED... BUT THAT SHOULD PUSH OIL PRICES DOWN - NOT UP! (OIL BEING DOLLAR DENOMINATED...) FOLKS... ALL I ASK IS THAT WHEN YOU READ STORIES LIKE THIS ONE ABSENT MY INTERJECTIONS... YOU READ CAREFULLY AND NOTICE WHEN WHAT YOU'RE READING IS MAKING NO FUCKING LOGICAL SENSE!

William R. Barker said...

* TWO-PARTER... (Part 1 of 2)

http://economix.blogs.nytimes.com/2013/05/03/keeping-up-not-getting-ahead/?hp

The American economy continues to add jobs in proportion to population growth. Nothing less, nothing more.

* LET'S SAY WE SIMPLY ACCEPT THE ABOVE AS BASICALLY ACCURATE. SO... WHAT KIND OF JOBS ARE BEING CREATED vs. LOST...?

The share of American adults with jobs has barely changed since 2010, hovering between 58.2% and 58.7%. This employment-to-population ratio stood at 58.6% in April. That is about four percentage points lower than the employment rate before the recession, a difference of roughly 10 million jobs.

In other words, the United States economy is not getting any closer to recreating the jobs lost during the recession.

* FOLKS... AS I NEWSBITED THE OTHER DAY... TAKE 10 MILLION AS A "HIGH." THING IS... EVEN WHEN YOU RUN THE NUMBERS IN THE MOST POSITIVE WAY POSSIBLE IN TERMS OF "GOOD" REFLECTION UPON OBAMA'S ECONOMIC STEWARDSHIP (YOU KNOW... SUBTRACTING THOSE OVER AGE 62.5 YEARS OF AGE FROM THE UNEMPLOYMENT STATS VIA ASSUMING THEY'RE HAPPILY RETIRED) WE'RE STILL TALKING SOMETHING LIKE 3.5 MILLION "MISSING" JOBS.. *BEST* SCENARIO!

This lack of progress has been obscured by the steady decline of the high-profile unemployment rate, which continued in April. But the unemployment rate is easily misunderstood.

* EASILY "MISUNDERSTOOD" BECAUSE THOSE IN POWER AND THOSE WHO SUPPORT THEM (THE MSM... ACADEMIA...) WANT IT TO BE MISUNDERSTOOD WHEN THAT MISUNDERSTANDING SEEMS TO SHOW "IMPROVEMENT" UNDER THEIR STEWARDSHIP!

The government counts as unemployed only those who are actively looking for new jobs.

* ACTUALLY... WHEN THEY'RE "COUNTING" (VIA VERIFIABLE COUNT) AS OPPOSED TO "ESTIMATING" (VIA "SURVEY" DATA)... PEOPLE CEASE BEING COUNTED AS "UNEMPLOYED" THE MOMENT THEIR UNEMPLOYMENT BENEFITS RUN OUT! IT DOESN'T MATTER WHETHER THEY'VE FOUND A NEW JOB OR NOT!

(*JUST SHAKING MY HEAD IN DISGUST*)

* TO BE CONTINUED...

William R. Barker said...

* CONCLUDING... (Part 2 of 2)

As people have given up, the unemployment rate has "declined" – not because more people are working, but because more people have stopped looking for work.

* SEE, FOLKS...? SEE WHAT I'M SAYING...?!?!

The share of adults looking for work peaked at 6.4% of the population in 2010. It fell to 4.7% in April. But recall that over the same period, the share of adults with jobs did not change. What grew instead is the share of adults no longer counted as part of the labor force.

(*SNORT*) (*SIGH*)

[T]he decline of labor force participation – the technical term for the share of adults working or searching – is primarily the result of a bad economy.

* IN TANDEM WITH THE DELIBERATE GROWTH OF THE WELFARE STATE AND THE DELIBERATE "YOU DESERVE THIS" OUTREACH OF THE ADMINISTRATION AND THE DEMS (AND FAR TOO MANY RINOs) IN CONGRESS! (COM'ON, FOLKS! HOW MANY NEWSBITES HAVE OUTLINED EXACTLY WHAT'S BEEN HAPPENING BY THE NUMBERS?!)

Baby boomers are aging into retirement. Even before the recession, the government projected in 2007 that participation would decline to 65.5% by 2016, from 66%. But the April rate of 63.3% means the labor force has lost roughly five million additional workers.

* FOLKS... UP ABOVE I USED 3.5 MILLION AS THE MINIMUM JOB LOSS... THIS ARTICLE STATES "ROUGHLY FIVE MILLION"... BUT THE POINT REMAINS THE POINT. IT AIN'T GOOD! THIS "DECLINING UNEMPLOYMENT" BLATHER IS RELATIVE AT BEST... A SHAME AT WORST.

Furthermore, the projections were wrong. Participation has actually risen among people older than 55. The decline is entirely driven by younger dropouts.

(*PURSED LIPS*)

There is always some unemployment. Millions of Americans are out of work at any given moment even in the best of times. But the economy is still roughly 10 million jobs short of returning to normal levels of unemployment and labor force participation. That’s a lot of missing jobs.

The federal government counts 11.7 million Americans as unemployed. The real number, it follows, is more like 17 million.

William R. Barker said...

http://washingtonexaminer.com/pentagon-pays-59-a-gallon-for-green-jet-fuel/article/2528692

Defense Secretary Chuck Hagel recently warned that sequestration would cause “suspension of important activities, curtailed training, and could result in furloughs of civilian personnel”...

(*MOMENT OF SILENCE*)

(*DRUM ROLL*)

...but the spending cuts haven’t killed the green fuels program, as the Pentagon has continued purchasing "renewable fuel" at $59 per gallon.

“In March, Gevo entered into a contract with the Defense Logistics Agency to supply the U.S. Army with 3,650 gallons of renewable jet fuel to be delivered by the second quarter of 2013,” Gevo announced this week in its first quarter financial report. “This initial order may be increased by 12,500 gallons. All shipments will be at a fixed price of $59 per gallon during the initial testing phase. These shipments are in addition to the renewable jet fuel supplied to the U.S. Air Force (USAF) and the U.S. Navy (USN).”

* AGAIN AND AGAIN AND AGAIN AND AGAIN...

...the Pentagon has continued purchasing "renewable fuel" at $59 per gallon.

...the Pentagon has continued purchasing "renewable fuel" at $59 per gallon.

...the Pentagon has continued purchasing "renewable fuel" at $59 per gallon.

...the Pentagon has continued purchasing "renewable fuel" at $59 per gallon.

William R. Barker said...

http://dailycaller.com/2013/05/02/new-immigration-bill-has-more-waivers-and-exceptions-per-page-than-obamacare/

The Senate’s “Gang of Eight” has released a new version of the immigration bill that contains 999 references to waivers, exemptions and political discretion.

(*CLAP...CLAP...CLAP*)

The revised 867-page bill contains multiple changes from the first 844-page version...

* HA! HA! HA! INSTEAD OF SHORTENING THE BILL THEY'VE ADDED TO IT! FOLKS... GOVERNMENT IS TOTALLY DYSFUNCTIONAL! IT DOESN'T MATTER WHAT YOUR IDEOLOGICAL OR PARTISAN IDENTITY IS - GOVERNMENT IS SIMPLY DYSFUNCTIONAL!

...released April 18, but Democrats have not announced any delay to the committee review of the complex bill that begins next week.

The bill includes roughly 1.14 waivers or exemptions per page. By comparison, the 2,409-page ObamaCare law includes 0.78 waivers and exemptions per page.

Since January, Rubio has declared that senators and outside opponents of the bill will have plenty of time to review the bill’s contents and to urge changes.

* AND NOW...??? (READ ON!)

Alex Conant, a spokesman for Sen. Marco Rubio, the leading GOP supporter of the pending immigration bill, did not respond when asked by email if Rubio will ask for a delay to let his fellow GOP senators and their staffers read and understand the new version.

(*SMIRK*)

* FOLKS... READ THE FULL ARTICLE. (IT'S ONLY TWO PAGES LONG!) THE AUTHOR POINTS OUT SOME OF THE "ACHIEVEMENTS" OF THE BILL THAT FOLKS LIKE RUBIO WOULDN'T WANT YOU MADE AWARE OF.

William R. Barker said...

http://cnsnews.com/blog/gregory-gwyn-williams-jr/poll-29-registered-voters-believe-armed-revolution-might-be-necessary

Twenty-nine percent of registered voters think that an armed revolution might be necessary in the next few years in order to protect liberties, according to a Public Mind poll by Fairleigh Dickinson University.

* NOT NEARLY ENOUGH...

(*SIGH*)