Foreign born employment actually recovered by 50,000 in August 2025 while native born employment fell by 561,000, and the Trump administration, unlike last month, is pretty quiet about it lol

 

Now that we know Fed governor Lisa Cook bought her second home in Atlanta as a vacation home, Trump's Bill Pulte, who falsely accused her of mortgage fraud, has to go

 

The solution to the homeless problem to Brian Kilmeade of Fox News is to "just kill them"

 And we wonder why there is so much violence in our country.

Listen for yourself.

Generally speaking, as long as such outrageous statements do not target a specific individual they pass the smell test for freedom of speech.

You may not be able to shut them up, but you don't have to pay them, or vote for them.

 

 

25th anniversary of the August 2000 S&P 500 high

 The 25 years previous to August 2000 were 104.15% better.

 

You know, at this point I'd settle for billions and billions coming in

 

The fiscal year is rapidly coming to a close, and Trump has spent us $1.973 trillion deeper into the hole with one month left to go, compared with Biden's last year at $1.897 trillion through August

 

Meanwhile ...

... [Charlie] Kirk, who had millions of social media followers, co-founded the non-profit Turning Point USA in 2012 as a teenager, which he dubbed a 'national student movement.' 

Its mission is to 'identify, educate, train and organize students to promote the principles of fiscal responsibility, free markets, and limited government.' ...

 

Judge, Jury, and Executioner hopes he's found guilty and gets the death penalty, you know, like those guys in the Venezuelan fast boat that had turned around but still got blown out of the water by the president of the United States

 

OMG yes, yes it is

 THEY GOT HIM

 

CNBC has a good table of all the stuff that cost more in August 2025

I had to shell out a grand for new brake lines on one old car last month, and nearly half that on a tune-up for the other.

Beats buying a new car by a long shot, but holy hell, motor vehicle repair up 15% yoy.

 

 Here’s the inflation breakdown for August 2025 — in one chart

 

 

The FBI in Salt Lake City has just released photos of a person of interest in the Charlie Kirk assassination

 

You're telling me the Fed is going to cut when core cpi inflation at 3.1% year over year in August 2025 is a rate 72% higher than prevailed 2010-2020?

 

Looks like someone's fishing for a rate cut from the Fed with that seasonally-adjusted initial claims for unemployment disparity with not-seasonally adjusted

 

There's a lot of BS and fear-mongering being circulated about the preliminary total nonfarm payrolls benchmark revision of -911,000 from two days ago

It all betrays an inability to think. 

Bloomberg here said:

... The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. The final figures are due early next year. ...

No, it's not at all likely.

It's a preliminary number for crying out loud, the size of which reflects more on the increasing difficulty BLS is having gathering the monthly data in more or less real time than it does on the data itself. 

Bloomberg then followed that up with a scary chart of previous preliminary benchmark revision estimates, as if those represented reality, too. And then people who should know better repeated the scary chart.

This story went particularly hysterical about it: The BLS Hallucinated a Million Jobs. The Fed Can't Fix This. 

But we've known since February what the BLS really thinks the final numbers are, in thousands, and all these irresponsible sources just leave that out, because . . . clicks:

2024: -598, not -818

2023: -187, not -306

2022: +506, not +462

2021: -7, not -166

2020: -121, not -173

2019: -489, not -501

2018:  -16, not +43

2017: +135, not +95

2016: -81, not -150

2015:  -172, not -208.

 

But what does it all mean, Bertie? 

 

Over ten years BLS is saying it overestimated in its regular monthly total nonfarm payrolls reports by a net 1.03 million jobs, not by 1.722 million as in the preliminary benchmark revision reports.

 

The reality's not even 9,000 jobs a month too many, in a payroll universe where nearly 160 million people are working, but I'm supposed to be scared because they thought it might have been more like an overestimate of 14,000 a month?

 

C'mon, man. 

 

They're doing a damn good job at BLS, and it's time more people said "thank you" for a change.

 

If you want to politicize the February benchmark data, they show Biden's record over four years had a net 286,000 fewer jobs in reality, but Trump I had 491,000 fewer.

 

But you won't hear that from this flock of idiots. 

 

  

 

 

 

Like he contracted a sudden illness or something, or got hit by a car

 

I say Venezuela, you say Venezuala, you say Leaked Memo, I say Leaked Mama

 

LEAKED MEMO SHOWS VENEZUALA WAR PLANS... DEVELOPING...

Not the first time, either!

 

The suspect previously reported in custody in the Charlie Kirk assassination has been released

What in the hell is going on in Utah?

The shooter is still at large.

Gunman in Charlie Kirk killing still at large after FBI says first suspect released from custody

 

A suspect in the assassination of Charlie Kirk, with one now in custody, may have been captured on video running away on the roof top

 Here. 

Suspect in Charlie Kirk killing in custody, FBI director Patel says

 

 

Housing affordability is up for a second year in a row in 2024, which is better than a sharp stick in the eye

 Housing affordability hit a record low 17.22% in 2022.

That is to say, median household income bought 17.22% of the median sales price of a house sold in the United States in 2022. 

The 2024 figure is 19.98%, which is just a little lower than in 2013, when it was 20.12%. Affordability also is about where it was in the middle of the Bush 43 administration, the height of the previous housing bubble.

As you can plainly see, houses were much more affordable in the 1990s, and even more affordable before that. It's a picture of declining affordability overall since then.

Housing did get briefly more affordable in 2009 . . . when 5.5 million people lost their jobs and completed foreclosures were on their way to 6+ million.

Median household income in this data is updated but once a year, and for 2024 that was yesterday.  

 

If we make Trump dictator for life maybe he can do for house prices here what he's doing for them in Poland

 

Bill Pulte, the too big for his britches nutball who doesn't stay in his lane

Every nutball era needs its nuts.