Total nonfarm gubmint: 74,750 per month
Total nonfarm private: 80,375 per month
Those rascally Democrats over at BLS, my word.
Friday, September 5, 2025
Payroll report for August out this morning says jobs actually contracted in June by 13,000: Who will Trump fire now LMAO?
Obviously more heads need to roll at the Bureau of Labor Statistics because in Trump's wonderful economy payrolls must have risen a lot more than 22k in August lololol.
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
... Nonfarm payrolls increased by just 22,000 for the month, while the unemployment rate rose to 4.3%, according to a Bureau of Labor Statistics report Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000.
The report showed a marked slowdown from the July increase of 79,000, which was revised up by 6,000. Revisions also showed a net loss of 13,000 in June after the prior estimate was lowered by 27,000. ...
Thursday, September 4, 2025
Redesigned Ford Expedition, an ICE vehicle which gets 18/19 combined mpg, sees best sales in 21 years
Ford’s redesigned three-row Expedition SUV is seeing explosive growth.
The Detroit automaker reported Wednesday that it sold 8,724 Expeditions in August, up 53.7% from the same time last year and marking its best sales in 21 years. It’s sold 61,022 of the vehicles so far this year, a 13.1% increase from the same period in 2024. ...
More.
GM to make new EV production cuts in Tennessee and Kansas City according to Reuters
... GM will stop production of two electric Cadillac SUVs at its assembly plant in Spring Hill, Tennessee, during the month of December, according to a person familiar with the matter and communications to GM employees viewed by Reuters.
The plant produces the midsize Cadillac Lyriq — a relative hit and one of GM’s top-selling EVs — and the Vistiq, a larger electric SUV.
GM also plans to significantly curtail production of those vehicles during the first five months of next year by temporarily laying off one of its two shifts of workers, according to the sources. The company will additionally shutter the plants for one week in October and November.
The automaker is also planning to indefinitely delay the start of a second shift at an assembly plant near Kansas City, which is still slated to begin production of the Chevy Bolt EV later this year, the person familiar with the matter said. ...
More.
Wednesday, September 3, 2025
Uniparty Trump hides behind the skirts of the 2001 anti-terror legislation to murder so-called terrorists near Venezuela after cutting and running from the Houthis in the Red Sea
<insert tough guy image here>
MEXICO CITY — U.S. forces could have stopped the boat that officials say was carrying illegal drugs from Venezuela to the United States on Tuesday, Secretary of State Marco Rubio said, but President Donald Trump chose instead to destroy it, killing 11 people on board, to send a deterrent message to traffickers. ...
The action was a dramatic escalation for the U.S. in its fight against drug traffickers. Lawmakers and legal analysts questioned the legality of launching a lethal strike against civilians in international waters outside of an armed conflict.
White House spokeswoman Anna Kelly said in a statement that the strike was “conducted against the operations of a designated terrorist organization and was taken in defense of vital U.S. national interests and in the collective self-defense of other nations,” an apparent reference to the 2001 authorization for the use of military force enacted by Congress after the 9/11 terrorist attacks that year. It authorizes the use of force against the perpetrators of the al-Qaeda attacks and to prevent “future acts of international terrorism.” Various lawmakers have tried unsuccessfully for years to repeal the measure, including Vice President JD Vance, who as a senator in 2023 co-sponsored the End Endless Wars Act. ...
The U.S. Coast Guard sometimes shoots out the engines of go-fast boats during maritime interdictions, the former agent said, but killing the crew is new for the United States. ...
Mary Ellen O’Connell, a professor of law at the University of Notre Dame, said the strike violated international law. The U.S. is not in armed conflict with Venezuela or its criminal elements, she noted, which means it violated the suspects’ right to life. ...
Colombian President Gustavo Petro called the attack “murder.”
“We have been capturing civilians transporting drugs for decades without killing them,” Petro said. “Those who transport drugs are not the big drug lords, but very poor young people from the Caribbean and the Pacific. ...
More.
Gold hit a record high $3,578.50 today, silver rose to $41.34
Safe-haven gold rally gains further momentum after soft US data
... Spot gold was up 1.2% to $3,576.59 per ounce by 2:25 p.m. EDT (1825 GMT), after hitting a record high of $3,578.50. ...
Riding the wave of gold's rally, spot silver rose 1.1% to $41.34, its highest level since September 2011. ...
Tuesday, September 2, 2025
Bonds tank and gold soars to start September in huge embarrassment to Banana Republican Donald Trump, who wouldn't pay his own bills let alone the country's
... Tariffs are set to bring in $172.1 billion in 2025, according to the Tax Foundation, which would be a nice financial boost to a country with a ballooning budget deficit.
“If this ruling is upheld, refunds of existing tariffs are on the table which could cause a surge in Treasury issuance and yields,” wrote Ed Mills of Raymond James in a note. ...
More.
Gold briefly makes new record high $3,508.50 . . . and $3,529.93 in the PM Update per Reuters
... Spot gold was steady at $3,476.48 per ounce, after hitting a record high of $3,508.50 earlier in the session. Bullion has gained 32% so far this year. U.S. gold futures for December delivery gained 0.9% to $3,546.80. ... Spot gold prices rose 27% in 2024, and broke the $3,000 per ounce level for the first time in March ...
More.
PM Update per Reuters:
... Spot gold was up 1.5% at $3,529.01 per ounce as of 2 p.m. EDT (1800 GMT), after climbing as high as $3,529.93. Bullion has gained 34.5% this year. ...
Spot silver inched up 0.4% at $40.84 per ounce, after hitting its highest since September 2011. ...
Monday, September 1, 2025
Silver hits 14-year high
... Spot silver rose 1.6% to $40.31 per ounce, the highest since September 2011. ...
More.
Irwin Stelzer: Trump has substituted state capitalism for market capitalism
Trump sees off the free-market capitalism that enriched America
... In short, the extent of presidential control of the economy has not been seen since the end of the Second World War. Trump has added to his influence over macroeconomic policy by levying tariffs, another name for taxes. He is in the process of gaining control of monetary policy by packing the Fed board and firing an existing board member for alleged mortgage fraud, no trial necessary.
Fed independence, done and dusted, control of the macroeconomy complete, he is turning his attention to the independent players that make up the microeconomic economy. With sycophants in seats once occupied by powerful advisers and the opposition Democrats in disarray, effective resistance to Trump’s power push is negligible. ...
Now, as president, he is favouring visitors with baseball caps emblazoned “Trump in 2028”.
Sunday, August 31, 2025
Nope, it's already peaked
Every other surge made it into high or very high range, but not this one.
That's good news.
COVID CASES SPIKING... AGAIN...
The ever reliable UK Express reports a civilian Ukrainian ship near Odessa was "blown up" when it wasn't
Ukrainian civilian ship blown up by 'unidentified explosive device' in Black Sea
Ukraine has revealed a civilian ship was blown up by an unidentified explosive device in the Black Sea, off the coast of Odesa. ...
The ship, which has not been named, sustained only minor damage and was able to continue sailing under its own power. ...
Anyway, here's a picture of the ship:
The Grauniad wants you to worry about a far-right civil war in the United States employing drones because of one guy on Substack found by one analyst with a vivid imagination
... the far-right American terrorist movement sees off-the-shelf or home-built first-person viewer (FPV) drones as a critical weapon in their own future war against the US government ...
... talk is commonplace of how these cheap drones are revolutionizing current wars and will be the critical tools of a so-called second civil war ...
... Multiple sources told the Guardian that the FBI has major concerns about the accelerationist neo-Nazi sect on the far right – one calling for an insurgency against the US government – and other ultra-violent actors in the same ideological space, eyeing the use of FPV drones for domestic attacks. ...
... evidence has emerged of military-trained neo-Nazis with relevant skillsets having pinpointed the drones as a potential tool ...
... [Joshua] Fisher-Birch first spotted the Substack and vouched for its credibility. According to him, the writer’s alleged background is not only “significant” but “violent white supremacist groups would find his drone experience to be useful”. ...
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