Genocide is fast becoming as obsolete as fascism.
Multiple job holding seems high at nearly 8.4 million, here.
But as a percent of the employed it is not, currently at 5.2%. In the go-go 1990s it was above 6%.
Multiple job holding generally is a sign of opportunity and good times, not economic stress and bad times. Obviously there is always a percentage of the workforce which can't find full-time work and works two part-time jobs. They now number almost 2 million, a very small part of the employment universe, which is near all-time highs in the range of 161 million.
The measure to table the censure proposal won 222-186.
The roll call vote is here.
The protest organized by Tlaib stormed the Capitol and briefly occupied it on October 18th.
“At some point, what would make the most sense would be for an effective and revitalized Palestinian Authority to have governance and ultimately security responsibility for Gaza,” Blinken told the Senate hearing.
More.
Might as well put Matt Yglesias in charge and go full-on not-a-serious-country fairy tale.
This is a bid for the Disney vote, that's all.
Don't complain when it happens to you. No one cares.
More than half, 56%, of full-time workers in their early 50s get pushed out of their jobs (due to circumstances like a layoff) before they’re ready to retire, according to a 2018 paper published by the Urban Institute.
“Job loss at older ages is really consequential,” said Johnson, a report co-author. He attributes much of that workplace dynamic to ageism.
Just 10% who suffered an involuntary job separation in their early 50s ever earn as much per week after their separation as before it, the Urban Institute paper said. In other words, 90% earn less — “often substantially less,” Johnson said.
Johnson’s research shows that in the aftermath of the Great Recession (from 2008 through 2012), workers 50 to 61 years old who lost a job were 20% less likely to be reemployed than workers in their 20s and early 30s. Those age 62 and older were 50% less likely to have a new job.
More.
This very serious thinker ™ agrees with Glenn Beck that what America needs most to compete in the 21st century is a population of 1 billion.
A good writer might have mocked the man incisively:
Nothing has prepared me for the academic campus environment which I apparently helped foster.
But Miller is not a good writer.
Sad.
So much winning!
Iowa (DMR/NBC): Trump 43, DeSantis 16, Haley 16, Scott 7
Trump came in second behind Ted Cruz in the Feb 1, 2016 Iowa Republican Caucus:
Ted Cruz 27.64%
Donald Trump 24.3%
Marco Rubio 23.12%.
CNBC front page runs both stories:
Search for Maine shooter continues (yesterday morning)
Search for Maine shooter ends (yesterday evening)
"When the pro-Hamas wing occupies the Capitol it's not an insurrection".
Words mean whatever they say they mean, silly.
Trading suspended apparently at 4.21 USD
Trading in NatWest shares was briefly suspended on Friday morning as the stock slid after a combination of lacklustre earnings and regulators flagging possible rule-breaking in a highly mediatized case. ...
A scandal erupted over the summer over the closure of the Coutts account of Brexit figurehead Nigel Farage, for which the politician said the lender did not initially provide a reason. Farage filed a subject access request to obtain a dossier that the bank held on him, which addressed his political views.
NatWest CEO Alison Rose then admitted to discussing Farage’s bank account with a BBC reporter, supplying information that was used in a story and later proved to be inaccurate. She eventually resigned in July, amid heavy criticism.
More.
Differences over what’s happening in Israel and Gaza were laid bare in the Legislature, where Democrats have been divided over pro-Israel resolutions like those that some other state legislatures have passed with near unanimity.
In the state House, a pro-Israel resolution that was introduced with bipartisan support is no longer expected to pass due to objections from some Democrats.
Abraham Aiyash, the Democratic floor leader in the chamber, strongly opposed the resolution.
Aiyash, who grew up in Hamtramck after his parents immigrated from Yemen, said that “if we’re going to condemn terror, we must condemn the terror and the violence that the Palestinian people have endured for decades.”
The state Senate opted to write its own resolution after the House’s stalled for more than a week.
It was introduced by the chamber’s lone Jewish lawmaker, Jeremy Moss, and passed easily with bipartisan support.
More.
But for an administrator to then change those final grades—behind my back—simply to appease them? How could that possibly be justified?
The response from my department chair, who has been at the college for 17 years, floored me: “This has been occurring ever since I started at Spelman.”
“That’s corrupt,” I blurted out. [In a statement emailed to The Free Press, a Spelman spokesperson wrote that “The College, its administrators, and faculty, exercise appropriate judgment in the delivery of our exceptional learning and living activities in order to maintain consistency across Spelman’s campus.” Spelman declined to comment on any of the specifics in this story.]
More here.
The poor guy got fired in the end, for naively believing that the commitment to excellence meant grading fairly according to long-accepted standards.
Exact same thing happened to me . . . in 1988, at a so-called world class institution of higher learning, where it's all wink wink.
The process got turbocharged in the 1960s by the draft dodgers. They fled to college, or to Canada. Liberal institutions gave them a pass on admissions, and once there relaxed standards to keep them enrolled to escape being drafted. These ne'er-do-wells stayed in school as the Vietnam war dragged on. Many went on to grad school as standards weakened some more. Rinse and repeat.
They are the ones who went on to educate today's hordes of complete lunatics now populating college campi.
Standards were lowered everywhere quite quickly from the 1960s, including at elite small religious colleges by the 1970s where stubborn professors with standards were already then not being renewed, the polite way of firing them.
We are reaping what we've sown.
The rot set in a long, long time ago, and it reflects why the country is in the sorry state it is.
It can't be fixed. The country as we know it will have to collapse first.
Three semesters of Latin used to be required to get into Harvard, let alone graduate from it. That standard was already under attack in 1917 in the name of "science". The widespread requirement of three semesters of college Latin was gone by the mid 1960s. Now you will be hard pressed to find any college requiring any foreign language at all to graduate. Princeton is now infamous for eliminating Latin and Greek for a degree in Classics, you know, the study of everything Greco-Roman.
The process has its own inertia producing this history. It's inherent in the thing we call America.
Bureau of Economic Analysis this morning here:
Here.
Oh well, at least they still pay a modicum of respect with huge, swelled, and deluge.
If only all that cash were a tsunami, inundating the shore with ruinous inflation.
CNBC, here:
. . . investors are also pricing in surprising economic resilience alongside fiscal slippage.
The U.S. federal government ended its fiscal year in September with a fiscal deficit of almost $1.7 trillion, the Treasury Department announced on Friday, adding to a huge national debt totaling $33.6 trillion. The country’s debt has swelled by more than $10 trillion since the onset of the Covid-19 pandemic in the first quarter of 2020, prompting a deluge of fiscal stimulus to help prop up the economy.
DailyMail.com has discovered that then-private-citizen Biden, who had spent virtually all his adult life in public service, bought the home for slightly under $2.75million – in cash. And making the transaction even stranger it was within weeks of a highly questionable text that Hunter had sent to Runlong 'Raymond' Zhao, an associate at Chinese oil giant CEFC asking to seal a deal worth $10 million a year. ...
Property records show Joe's six-bedroom second property was purchased on June 8, 2017 for $2,744,001 – just seven weeks before his son's shakedown messages. ...
An analysis published last year by DailyMail.com shows a $5.2 million discrepancy between his IRS filings and his Office of Government Ethics disclosures for the same period. ...
The figure is surprisingly similar to the $5 million Joe was allegedly bribed by Mykola Zlochevsky, the owner Ukrainian gas firm Burisma, according to information received by a trusted FBI informant.
The whole thing is here.
Kevin Breuninger for CNBC calls Powell a right-wing attorney, but to him long time left-wing ally of Laurence Tribe Ken Chesebro is just a Trump campaign attorney.
They both face fines and long probationary periods in exchange for rat-finking on the others.
VUSTX fell to $7.37 yesterday, October 19, 2023.
Until the bond debacle of 2022, the lowest price ever was set way back in 1987, also on October 19, aka Black Monday, when the S&P 500 crashed 20.47% in its worst single day ever.
2022's new all time low for VUSTX at 8.16 had occurred on October 24, missing the anniversary of the old all time low by just three days. Also a very odd coincidence.
The debacle has only continued in 2023, and VUSTX prices haven't seen $8 since September 22nd.
ZIRP since the Great Recession is ultimately to blame for the current mess in long term Treasury securities. The clamor it created for yield drove bond investors long, culminating in the highest nominal prices ever paid for long term UST in March 2020, and the lowest yields. 30Y UST yield crashed to 0.99% on March 9, 2020, 20Y to 0.87%. Yields across the board in 2023 for 2Y to 30Y have set records for this cycle in October. Yesterday 20Y demanded 5.30%, 30Y 5.11%.
No one wants that 2020 and prior junk now, so wherever it sits it's causing collateral problems, at banks, insurance companies, pension funds, et cetera. And on the Fed's balance sheet: As of October 18th the Fed has $1.503922 trillion of UST maturing in more than 10 years on its balance sheet. It basically has to keep it until it matures, and it pays it very little to return to the Treasury as it does.
Are prices done falling?
Confident pretenders said so a year ago this month, and now here we are with $TLT investors down another 12.22% since then.
Given the obscene overvaluation of stocks, and the demand for higher yields by bond investors, cash still seems the safest place to be. VMRXX, Vanguard Cash Reserves Federal Money Market Fund Admiral Shares, has returned 4.00% ytd. You continue to lose to inflation, however.
Nothing is ever perfect.
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1987 high and low |
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2022 high and low to the left, all time high and low to the right |
In the immortal words of Harry Reid, Hillary didn't win, did she.
Thank you, Ricky.
It was an errant malfunctioning Palestinian rocket, one of the thousands Hamas and Islamic Jihad have launched against targets in Israel but which the media do not report.
The number 500 dead is also phony. The claim was made almost immediately after the blast and just keeps getting repeated. There was no count. The place is in chaos. The missile exploded in the parking lot, not on the hospital.
Paul again condemned Trump’s call to shut down parts of the Internet by arguing that to do so would violate the First Amendment, and he blasted Trump’s call to kill the families of terrorists as a violation of the Geneva Conventions.
“So when you ask yourself, whoever you are that think you’re going to support Donald Trump, think: Do you believe in the Constitution?” Paul said. “Are you going to change the Constitution?”
While Paul spoke, Trump dismissed the senator with a wave of his hand. When it was his turn to respond, Trump said: “So they can kill us, but we can’t kill them? That’s what you’re saying.”
Here.
Dem unity cracking on Israel-Gaza conflict...