Friday, January 09, 2009

The pending jobs report

I never bet on this thing, after all, next to anyone in the GOP, I'm the LAST person to give financial advice -- please enter my Circuit City stock as Exhibit A -- nevertheless here goes.

In December I predict a jobs number of (-750,000).

I then predict the stock market will go up, because those fuckers could give a shit, they only care about whether the Fed will cut rates. And the more it sucks for most Americans, the better they think it is for them.

Naturally, our media and elites have totally bought into this formula for the most part, after all when was the last time CNBC talked about wages or payroll other than the positive effect laying people off has on the bottom line? It's why a moronic cokehead like Larry Kudlow has a job and spews out his nonsense vomit incessantly. I mean 8 straight years of metaphorical Bush cocksucking and there are ABSOLUTELY no consequences to Larry Kudlow as a financial pundit -- while he should be shamed off television and mocked in perputuity were there actually justice.

It's called the "Romanov School of Governance".

UPDATE:

Only (-524,000) so really things are much more awesome aren't they? Especially with unemployment spiking ot 7.2%

UPDATE II:

Holy Shit!

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