Jobs drought leads to freeze in US interest rates

[UpInArms]

http://www.channelnewsasia.com/stories/afp_world_business/view/67826/1/.html

WASHINGTON: The long, frustrated wait for a boom in American jobs will force Federal Reserve policymakers to hold key short-term interest rates at a 1958 low, analysts said.

<snip>

The US economy generated just 1,000 jobs in December, the government reported this month, shocking economists, who had projected average job growth of 148,000 in the month.

<snip>

"I don't believe the Fed plays politics, but in an election year, you are going to have to have an awfully good economic justification for raising interest rates, and I don't think they do this year," he said.

...more...

so what was with the 5 rate increases in 2000?

[indepat]

1. The 5 rate increases in 2000 were enough to assure Gore would not win

in a cakewalk.

[Media_Lies_Daily]

2. Add to that the increases in the prices of gasoline and heating oil...

...in 2000, and the goose that was laying the Golden Economy was beheaded as she worked.

When combined with the widespread election "irregularities", the 2000 election was held close enough for the Supreme Court to complete the hijacking.

[wryter2000]

6. Gas

wait until gas costs $3/gallon. Nothing's going to save AWOL from that.

[UpInArms]

7. I'm waiting for the oil refineries to release

their profit numbers.

Gas is about what it cost in March 2000 (roughly $1.50 where I live) and the price of oil per barrel is now about $35 versus $22-28 -

Here are some great links regarding price of oil in 2000

http://www.wtrg.com/prices.htm

and here is chart for Oct 2001 to now

http://quotes.ino.com/chart/?s=NYMEX_CLH4&v=dmax

It looks as though the idiot's friends are desparately trying to cover his ass and they are going to take a financial whipping to do so.

If he holds the office after the election of 2004, just watch gas prices spike to $4-5 per gallon in this country.

[SoCalDem]

8. He "capped off" the national reserves.. He will just have his boyz

release reserves..

Costco yesterday..$1.58 a gallon.. it has not been that cheap in a while

[SoCalDem]

3. Yep.. I said it THEN, and I say it NOW

Greenspan was assured that he would "stay on", if he could do a "teensy little favor"..

The gasoline prices skyrocketed in places where close primaries were about to occur..(Strange how the prices fell soon after the primaries)..


The fix was in.. They had not refined their computerized "fix", but there were plans afoot to make it as difficult on Gore as they could, and they were in a position to do so..

Clinton was a "crippled" president by then and he could do little to help, and Gore really did not want his help because of that fact..

Poppy/Rove & Mr. Baker constructe a tight little "box" for Gore and he could not get out of it..

Remember , Baker & Perle went to Israel too, and more or less told them they would get a "better deal" from Bush, so the peace talks fell apart..

(Just like there was meddling in Iran to hurt Carter)

These guys are pros, and we treat them as fairminded opponents at our own risk :(

[UpInArms]

4. these guys are pros

at manipulating and destroying our country

If there is any way for them to prevent a fair fight, they will - they will stack every deck and use every dirty scummy tool in their box - and they have a gigantic tool box.

Be aware and never let your guard down.

[Gin]

5. the fix is in for every aspect of our lives.....from the stock market to

beef to the military to interest rates, etc. I have never felt as conned as I have since this cabal got in office.

Maybe the fix was always in...I was just never aware of it...sometimes ignorance is bliss.

[Dogmudgeon]

9. As I've been saying ...

... this is an economic "end-game" scenario, and it involves oil. It's not just that Team Bush wants oil money; it's a whole geopolitical thing. The era of cheap oil will be ending within a few years, and as soon as that happens, the world economy is going to be in the toilet, quickly and painfully. The "recovery" from this "discontinuity" is likely to take 20-50 years and kill off half the human race. And they intend to ride it out livin' large.

The high and mighty are gettin' while the gettin' is good, and I believe that nothing would have stopped Bush from being installed as President, even if they had to execute a coup d'etat. It doesn't bode well for the election in November, either. They will either get what they want, or hell will be loosed.

The stakes are simply too high for them to risk a loss.

By 2009, the Republican Party and the entire conservative movement will be so discredited that no one will be calling themselves "conservative" anymore, but Team Bush will have long since emptied the piggy bank and gotten away clean. And whoever is voted in in 2008 won't have a snowflake's chance in hell of changing the avalanche-in-progress.

And as the unemployment rate rises to 20%, then 30%, then 50%, as passenger cars go unused and civilian air transport comes to an end, as crop yields plummet with the loss of petrochemical-derived nitrogen fertilizers, and as blackouts become the rule rather than the exception and thousands of sick and older people freeze to death in the winter, guess who will be snickering about how they really put one over on "the sheeple"?

--bkl