STOCK MARKET WATCH, Thursday September 2

[ozymandius]

Source: du

STOCK MARKET WATCH, Thursday September 2, 2010

AT THE CLOSING BELL ON September 1, 2010

Dow 10,269.47 +254.75 (+2.54%)
Nasdaq 2,176.84 +62.81 (+2.97%)
S&P 500 1,080.29 +30.96 +2.95%)
Gold future... 1,247 -0.80 (-0.06%)
10-Yr Bond... 2.57 -0.01 (-0.50%)
30-Year Bond 3.64 -0.01 (-0.36%)

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Market Conditions During Trading Hours

Euro, Yen, Loonie, Silver and Gold

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Handy Links - Market Data and News:Economic Calendar    Marketwatch Data    Bloomberg Economic News    Yahoo! Finance    Google Finance    Bank Tracker    
Credit Union Tracker    Daily Job Cuts

Handy Links - Economic Blogs:
The Big Picture    Financial Sense    Calculated Risk    Naked Capitalism    Credit Writedowns
Brad DeLong      Bonddad    Atrios    goldmansachs666    The Stand-Up Economist

Handy Links - Government Issues:
LegitGov    Open Government    Earmark Database    USA spending.gov

Handy Links - Videos:
The Coming Collapse of the Middle Class    Charlie Rose talks with Roubini    Charlie Rose talks with Krugman
    William Black: This Economic Disaster    Bill Moyers with Kevin Drum and David Corn

Bush Administration Officials Convicted = 2
Names: David Safavian, James Fondren

Bush Administration Officials Charged = 1
Name(s): Richard Lopez Razo

Financial Sector Officials Convicted since 1/20/09 = 11

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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.

Read more: du

[ozymandius]

1. Today's Reports

08:30 Initial Claims 08/28
Briefing.com 475K
Consensus 475K
Prior 473K

08:30 Continuing Claims 08/21
Briefing.com 4460K
Consensus 4435K
Prior 4456K

08:30 Productivity-Rev. Q2
Briefing.com -1.4%
Consensus -1.7%
Prior -0.9%

08:30 Unit Labor Costs Q2
Briefing.com 1.1%
Consensus 1.1%
Prior 0.2%

10:00 Factory Orders Jul
Briefing.com 0.1%
Consensus 0.3%
Prior -1.2%

10:00 Pending Home Sales Jul
Briefing.com -1.0%
Consensus 0.0%
Prior -2.6%

http://www.briefing.com/Investor/Public/Calendars/EconomicCalendar.htm

[UpInArms]

11. 8:30 reports:

Real output revised down to 1.6%

Productivity drops revised 1.8% in second quarter

Continuing claims down 23,000 to 4.46 million

Claims 4-week moving average dips to 485,500

Weekly jobless claims fall 6,000 to 472,000

[Tansy_Gold]

13. Re: continuing claims

I'm sure this has been discussed before, but are there stats on how many of the 23,000 are off the rolls because they've exhausted benefits, how many have found jobs, and how many have just given up and/or lost benefits for other reasons?



TG, NTY

[DemReadingDU]

14. I don't think anyone tracks those officially

But unofficially, John Williams keeps a website for Shadow Statistics

http://www.shadowstats.com/alternate_data/unemployment-charts

[Po_d Mainiac]

16. links below

http://www.bls.gov/news.release/empsit.t12.htm
http://portalseven.com/employment/unemployment_rate_u6.jsp

[ozymandius]

2. Oil hovers below $74 as Asian stocks gain

SINGAPORE – Oil prices hovered below $74 a barrel Thursday in Asia, consolidating a big gain the day before as an Asian and U.S. stock market rally buoyed investor confidence.

Most major Asian stock markets rose Thursday, extending gains from the U.S. where the Dow Jones industrial average jumped 2.5 percent. Investors took heart from encouraging manufacturing numbers from the U.S. and China, signs the global economy may not slow in the second half as much as previous anticipated.

Oil traders brushed off another big rise in crude inventories last week reported by the Energy Department on Wednesday. Some analysts say the increase in inventories reflects overproduction by U.S. refineries rather than weak demand.

http://news.yahoo.com/s/ap/oil_prices

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I'll say it again. And again. If anyone uses the stock markets to guide their investment instincts - they are just too dumb to breathe.

[ozymandius]

3. Bernanke testifying to crisis inquiry panel

WASHINGTON – Federal Reserve Chairman Ben Bernanke is set to appear before a panel investigating the financial crisis to give his take on the meltdown and his views on potential systemwide risks posed by large financial institutions.

Bernanke's scheduled appearance Thursday at a hearing by the Financial Crisis Inquiry Commission comes as the congressionally appointed panel approaches the end of its
yearlong investigation of the roots of the economic disaster. Sheila Bair, the chairman of the Federal Deposit Insurance Corp., also is testifying before the panel.

Bernanke could be asked by panel members about the Fed's handling of the Lehman Brothers episode and Fuld's accusations. Thomas Baxter, general counsel of the New York Fed, insisted at Wednesday's hearing that the Fed lacked the legal authority to provide a government guarantee of Lehman's obligations to its trading partners or other aid the firm sought. Hundreds of billions worth of collateral would have been needed to secure a guarantee of that magnitude, and Lehman didn't have it, Baxter said.

http://news.yahoo.com/s/ap/20100902/ap_on_bi_ge/us_financial_crisis_bernanke

[Demeter]

21. They Should Have Elizabeth Warren Asking the Questions

[ozymandius]

4. Weak auto sales for August amid economic worries

DETROIT – Americans nervous about the drumbeat of bad economic news stayed away from auto showrooms. Automakers nervous about their bottom lines didn't offer deals to lure them in.

As a result, it was the worst August for U.S. auto sales since 1983, when the country was at the end of a double-dip recession. General Motors, Toyota, Honda and Ford all reported declines from the month before and from a year earlier.

The bleak results were a reminder that, for all the good news about the turnaround of the Detroit automakers, the market for cars and trucks in the United States remains frail. Initial data showed sales came in at about 997,000, down 5 percent from July, according to AutoData Corp.

High unemployment and the shaky housing market have made Americans reluctant to spend money. But Ford Motor Co.'s senior U.S. economist, Emily Kolinski Morris, noted that households are saving more money, cash that will be ready when they need a new car. Also, more vehicles have been scrapped than sold over the last 18 months, indicating pent-up demand, she said.

http://news.yahoo.com/s/ap/20100901/ap_on_bi_ge/us_auto_sales

[Demeter]

22. Can't Spend What You Don't Have

[ozymandius]

5. U.S. Economy: Manufacturing Expands at Faster Pace

Sept. 1 (Bloomberg) -- Manufacturing in the U.S. expanded at a faster pace than forecast in August as factories added workers and cranked up production.

The Institute for Supply Management’s factory index rose to a three-month high of 56.3 from 55.5 in July, the Tempe, Arizona-based group said today. Readings greater than 50 signal growth, and the figure was projected to drop to 52.8, according to the median forecast in a Bloomberg News survey.

While factories are helping extend the recovery, the housing slump keeps taking a toll on the economy. Construction spending in July fell twice as much as forecast, led by a slump in homebuilding that will depress growth, Commerce Department figures showed today.

Another report today raised concern about employment. Companies in the U.S. unexpectedly cut employment in August, data from a private report based on payrolls showed. Employment fell by 10,000, according to figures from ADP Employer Services.

http://noir.bloomberg.com/apps/news?pid=20601087&sid=af5gk0gH03A8&pos=1

[ozymandius]

6. Judge embraces 'Paulson made me' defense

But a ruling in a lawsuit against Lewis and Bank of America (BAC) shows the notion has at least one admirer -- on the federal bench, no less.

U.S. District Judge Kevin Castel ruled Friday that an investor suit can proceed against BofA and top executives including Lewis (right), the bank's longtime former CEO. The suit, which centers on the controversial 2009 deal with Merrill Lynch, says BofA defrauded investors by making false and misleading statements.

But what's raising eyebrows is a part of the suit Castel dismissed. That claim alleged BofA committed securities fraud when it failed to disclose that then Treasury Secretary Paulson dangled a 12-figure bailout package before BofA to prod it to close its purchase of the hemorrhaging brokerage firm.

The dismissal won't have much effect on this case, which Ohio and other litigants hope to use to extract billions from BofA, according to a statement this week from Ohio Attorney General Richard Cordray. The judge allowed most claims to proceed, whether under the rubric of securities fraud or negligence. Lewis and BofA last month signaled they will vigorously defend fraud claims in a separate case filed by New York's attorney general.

http://wallstreet.blogs.fortune.cnn.com/2010/09/01/judge-embraces-paulson-made-me-defense/

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If the 'Paulson made me do it' defense sticks then a new issue opens up: Can a federal official order a CEO to break the law, both with impunity?

[Demeter]

12. In this NeoCon, NeoLiberal World, Anything Goes!

Torture? Executions without trial? Warrantless searches and baseless seizures, kidnapping, threats against children, taking food, shelter, healthcare from the destitute, land from the poor, jobs from the workforce?

You got it!


I can hear it now: "Oh, please, PLEASE don't make me richer than I am already! Don't stuff that taxpayer money in my overflowing pockets! Don't give me power beyond the dreams of avarice to spread death and destruction throughout the economy! Don't make me do it, Paulson!" ...pause..."and here's a couple million for your favorite charity (wink, wink)."

[Hawkowl]

51. Kafka seems to be the most predictive author

Kafka, Orwell, Huxley, I never would have thought that our society would view these authors' works as instruction manuals for the future.

[ozymandius]

7. Asia stocks gain on brighter US data, Europe falls

SEOUL, South Korea – Asian stock markets rose Thursday as investors hungry for good news seized on stronger U.S. manufacturing as a sign the world economy isn't slowing as much as feared. European shares opened lower.

The second day of gains in Asia follows a month of heavy selling amid jitters about the global recovery as figures from major economies suggested growth was faltering.

In early European trading, Britain's FTSE 100 fell 0.1 percent to 5,358.77. Germany's DAX declined 0.3 percent to 6,065.53 and France's CAC-40 retreated 0.1 percent to 3,619.67.

Hong Kong's Hang Seng index rose 1.2 percent to 20,868.92 and Seoul's Kospi advanced 0.6 percent to 1,775.73. Australia's S&P/ASX 200 added 0.8 percent to 4,532.70 after gaining 2.1 percent the day before on the country's strongest economic growth figures in three years.

http://news.yahoo.com/s/ap/20100902/ap_on_bi_ge/world_markets

[Festivito]

8. Debt: 08/31/2010 13,449,652,537,035.05 (UP 79,810,569,340.66) (Tue, up big)

(Up big, yet still projecting 200B$ less borrowing than that Bush budget Obama inherited. One month more will tell. Good day.)
The business closed yesterday, so I shopped elsewhere.
(Debt under Obama seems to jump up big then drop slowly maybe up a little and down a little for days--repeat.)
= Held by the Public + Intragovernmental(FICA)
= 8,927,061,238,060.48 + 4,522,591,298,974.57
UP 77,584,457,403.73 + UP 2,226,111,936.93

Source: Debt to the penny:
http://www.treasurydirect.gov/NP/BPDLogin?application=np

THINKING IN BILLIONS: Think 3 or 4 dollars per billion in a 310-Million person America.
If every American, man, woman and child puts in $3.23 THAT'S 1B$, and $3,225.89 makes 1T$.
A family of three: Mom, Dad, Child: $9.68, ABOUT TEN BUCKS for a 1B$ federal program.
I hope that is clear. However, I'd suggest using $3 per 1B$ to underestimate it.
Use $4 per 1B$ to overestimate the cost when thinking: Is the federal program worth it?
Aid to Dependant Children: 2B$/yr =$8/yr(a movie a year) Family of 3: $24/yr(an hour of bowling)

PERSONALIZED DEBT:
Every 13 seconds we net gain another American, so at the end of the workday of the report, there should be 309,992,116 people in America.
http://www.census.gov/population/www/popclockus.html ON 04/09/2010 15:49 -> 309,034,742
Currently, each of these Americans owe $43,387.08.
A family of three owes $130,161.24. (And that is IN ADDITION to their mortgage.)

ANALYSIS:
There were 23 reports in the last 30 to 32 days.
The average for the last 23 reports is 9,214,154,788.91.
The average for the last 30 days would be 7,064,185,338.17.
The average for the last 32 days would be 6,622,673,754.53.
There were 252 reports in 365 days of FY2007 averaging 1.99B$ per report, 1.37B$/day.
There were 253 reports in 366 days of FY2008 averaging 4.02B$ per report, 2.78B$/day.
There were 75 reports in 112 days of GWB's part of FY2009 averaging 8.03B$ per report, 5.38B$/day.
There were 174 reports in 253 days of Obama's part of FY2009 averaging 7.33B$ per report, 5.07B$/day so far.
There were 249 reports in 365 days of FY2009 averaging 7.57B$ per report, 5.16B$/day.
There were 230 reports in 335 days of FY2010 averaging 6.69B$ per report, 4.60B$/day.
Above line should be okay

PROJECTION:
There are 873 days remaining in this Obama 1st term.
By that time the debt could be between 14.6 and 19.2T$.
It could be higher. It could be lower.

HISTORICAL:
President's term begins and ends on Jan 20.
(Guess who might want to hide the Reagan Bush years. Jan 20 data is missing before 1993.)
01/20/1993 _4,188,092,107,183.60 WJC Inaugural
01/22/2001 _5,728,195,796,181.57 WJC (UP 1,540,103,688,997.97)
01/20/2009 10,626,877,048,913.08 GWB (UP 4,898,681,252,731.43)
08/31/2010 13,449,652,537,035.05 BHO (UP 2,822,775,488,121.97 so far since Obama took office.)

FISCAL YEAR DEBT CHANGE, Sep 30 prior year to Sep 30 named year:
(One "* " for each 40B$ reached)
FY1994 +0,281,261,026,873.94 ------------* * * * * * * WJC
FY1995 +0,281,232,990,696.07 ------------* * * * * * * WJC
FY1996 +0,250,828,038,426.34 ------------* * * * * * WJC
FY1997 +0,188,335,072,261.61 ------------* * * * WJC
FY1998 +0,113,046,997,500.28 ------------* * WJC
FY1999 +0,130,077,892,735.81 ------------* * * WJC
FY2000 +0,017,907,308,253.43 ------------WJC
FY2001 +0,133,285,202,313.20 ------------* * * C&B
01-WJC +0,053,598,528,417.78 ------------* WJC 31% of FY, 40% of FY-Debt
01-GWB +0,079,686,673,895.42 ------------* GWB 69% of FY, 60% of FY-Debt
FY2002 +0,420,772,553,397.10 ------------* * * * * * * * * * GWB
FY2003 +0,554,995,097,146.46 ------------* * * * * * * * * * * * * GWB
FY2004 +0,595,821,633,586.70 ------------* * * * * * * * * * * * * * GWB
FY2005 +0,553,656,965,393.18 ------------* * * * * * * * * * * * * GWB
FY2006 +0,574,264,237,491.73 ------------* * * * * * * * * * * * * * GWB
FY2007 +0,500,679,473,047.25 ------------* * * * * * * * * * * * GWB
FY2008 +1,017,071,524,649.92 ------------* * * * * * * * * * * * * * * * * * * * * * * * * GWB
FY2009 +1,885,104,106,599.30 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * B&O
09GWB +0,602,152,152,000.60 ------------* * * * * * * * * * * * * * * GWB 31% of FY, 32% of FY-Debt
09-BHO +1,282,951,954,598.70 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * BHO 69% of FY, 68% of FY-Debt
FY2010 +1,539,823,533,523.30 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * BHO
Endof10 +1,677,718,178,316.43 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Linear Projection

LAST FIFTEEN REPORTS OF ADDITIONS TO PUBLIC DEBT(NOT FICA):
08/11/2010 +000,095,029,920.46 ------------*******
08/12/2010 +008,430,031,924.23 ------------*********
08/13/2010 -000,288,829,216.29 ---
08/16/2010 +038,527,213,023.81 ------------********** Mon
08/17/2010 +000,086,946,367.61 ------------*******
08/18/2010 +000,214,319,067.84 ------------********
08/19/2010 +008,231,027,173.23 ------------*********
08/20/2010 -000,497,978,282.78 ---
08/23/2010 -000,107,792,107.60 --- Mon
08/24/2010 +000,493,029,883.18 ------------********
08/25/2010 +000,455,932,262.67 ------------********
08/26/2010 +015,329,518,146.29 ------------**********
08/27/2010 +000,056,877,341.30 ------------*******
08/30/2010 -000,093,227,691.02 ---- Mon
08/31/2010 +077,584,457,403.73 ------------**********

148,516,555,216.66 Total of 15 above reports.

Heavy borrowing seems to start after 09/18/2008 while Bush was in power JUST BEFORE fiscal year end.
Bush admin borrowed $962,245,245,654.01 in those last 124 days in office crossing two fiscal years.
$360,093,093,653.42 in last 12 days of FY2008, and $602,152,152,000.59 in subsequent 112 days before leaving office.

For a prettier and more explanatory view of our nation's debt:
http://www.brillig.com/debt_clock
http://www.usdebtclock.org/
DUer primer on National debt

(Debt to the penny keeps changing. Stuff is missing. Best to keep our own history.) LAST REPORT:
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=4524624&mesg_id=4524697

[Festivito]

50. Debt: 09/01/2010 13,426,803,373,412.02 (DOWN 22,849,163,623.03) (Wed, down big.)

(Down big. Good day.)
Went back to the store and didn't shop a drop.
(Debt under Obama seems to jump up big then drop slowly maybe up a little and down a little for days--repeat.)
= Held by the Public + Intragovernmental(FICA)
= 8,924,442,908,309.90 + 4,502,360,465,102.12
DOWN 2,618,329,750.58 + DOWN 20,230,833,872.45

Source: Debt to the penny:
http://www.treasurydirect.gov/NP/BPDLogin?application=np

THINKING IN BILLIONS: Think 3 or 4 dollars per billion in a 310-Million person America.
If every American, man, woman and child puts in $3.23 THAT'S 1B$, and $3,225.82 makes 1T$.
A family of three: Mom, Dad, Child: $9.68, ABOUT TEN BUCKS for a 1B$ federal program.
I hope that is clear. However, I'd suggest using $3 per 1B$ to underestimate it.
Use $4 per 1B$ to overestimate the cost when thinking: Is the federal program worth it?
Aid to Dependant Children: 2B$/yr =$8/yr(a movie a year) Family of 3: $24/yr(an hour of bowling)

PERSONALIZED DEBT:
Every 13 seconds we net gain another American, so at the end of the workday of the report, there should be 309,998,762 people in America.
http://www.census.gov/population/www/popclockus.html ON 04/09/2010 15:49 -> 309,034,742
Currently, each of these Americans owe $43,312.44.
A family of three owes $129,937.33. (And that is IN ADDITION to their mortgage.)

ANALYSIS:
There were 24 reports in the last 30 to 33 days.
The average for the last 24 reports is 7,878,183,188.42.
The average for the last 30 days would be 6,302,546,550.73.
The average for the last 33 days would be 5,729,587,773.39.
There were 252 reports in 365 days of FY2007 averaging 1.99B$ per report, 1.37B$/day.
There were 253 reports in 366 days of FY2008 averaging 4.02B$ per report, 2.78B$/day.
There were 75 reports in 112 days of GWB's part of FY2009 averaging 8.03B$ per report, 5.38B$/day.
There were 174 reports in 253 days of Obama's part of FY2009 averaging 7.33B$ per report, 5.07B$/day so far.
There were 249 reports in 365 days of FY2009 averaging 7.57B$ per report, 5.16B$/day.
There were 231 reports in 336 days of FY2010 averaging 6.57B$ per report, 4.51B$/day.
Above line should be okay

PROJECTION:
There are 872 days remaining in this Obama 1st term.
By that time the debt could be between 14.6 and 18.4T$.
It could be higher. It could be lower.

HISTORICAL:
President's term begins and ends on Jan 20.
(Guess who might want to hide the Reagan Bush years. Jan 20 data is missing before 1993.)
01/20/1993 _4,188,092,107,183.60 WJC Inaugural
01/22/2001 _5,728,195,796,181.57 WJC (UP 1,540,103,688,997.97)
01/20/2009 10,626,877,048,913.08 GWB (UP 4,898,681,252,731.43)
09/01/2010 13,426,803,373,412.02 BHO (UP 2,799,926,324,498.94 so far since Obama took office.)

FISCAL YEAR DEBT CHANGE, Sep 30 prior year to Sep 30 named year:
(One "* " for each 40B$ reached)
FY1994 +0,281,261,026,873.94 ------------* * * * * * * WJC
FY1995 +0,281,232,990,696.07 ------------* * * * * * * WJC
FY1996 +0,250,828,038,426.34 ------------* * * * * * WJC
FY1997 +0,188,335,072,261.61 ------------* * * * WJC
FY1998 +0,113,046,997,500.28 ------------* * WJC
FY1999 +0,130,077,892,735.81 ------------* * * WJC
FY2000 +0,017,907,308,253.43 ------------WJC
FY2001 +0,133,285,202,313.20 ------------* * * C&B
01-WJC +0,053,598,528,417.78 ------------* WJC 31% of FY, 40% of FY-Debt
01-GWB +0,079,686,673,895.42 ------------* GWB 69% of FY, 60% of FY-Debt
FY2002 +0,420,772,553,397.10 ------------* * * * * * * * * * GWB
FY2003 +0,554,995,097,146.46 ------------* * * * * * * * * * * * * GWB
FY2004 +0,595,821,633,586.70 ------------* * * * * * * * * * * * * * GWB
FY2005 +0,553,656,965,393.18 ------------* * * * * * * * * * * * * GWB
FY2006 +0,574,264,237,491.73 ------------* * * * * * * * * * * * * * GWB
FY2007 +0,500,679,473,047.25 ------------* * * * * * * * * * * * GWB
FY2008 +1,017,071,524,649.92 ------------* * * * * * * * * * * * * * * * * * * * * * * * * GWB
FY2009 +1,885,104,106,599.30 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * B&O
09GWB +0,602,152,152,000.60 ------------* * * * * * * * * * * * * * * GWB 31% of FY, 32% of FY-Debt
09-BHO +1,282,951,954,598.70 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * BHO 69% of FY, 68% of FY-Debt
FY2010 +1,516,974,369,900.30 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * BHO
Endof10 +1,647,903,705,397.65 ------------* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Linear Projection

LAST FIFTEEN REPORTS OF ADDITIONS TO PUBLIC DEBT(NOT FICA):
08/12/2010 +008,430,031,924.23 ------------*********
08/13/2010 -000,288,829,216.29 ---
08/16/2010 +038,527,213,023.81 ------------********** Mon
08/17/2010 +000,086,946,367.61 ------------*******
08/18/2010 +000,214,319,067.84 ------------********
08/19/2010 +008,231,027,173.23 ------------*********
08/20/2010 -000,497,978,282.78 ---
08/23/2010 -000,107,792,107.60 --- Mon
08/24/2010 +000,493,029,883.18 ------------********
08/25/2010 +000,455,932,262.67 ------------********
08/26/2010 +015,329,518,146.29 ------------**********
08/27/2010 +000,056,877,341.30 ------------*******
08/30/2010 -000,093,227,691.02 ---- Mon
08/31/2010 +077,584,457,403.73 ------------**********
09/01/2010 -002,618,329,750.58 --

145,803,195,545.62 Total of 15 above reports.

Heavy borrowing seems to start after 09/18/2008 while Bush was in power JUST BEFORE fiscal year end.
Bush admin borrowed $962,245,245,654.01 in those last 124 days in office crossing two fiscal years.
$360,093,093,653.42 in last 12 days of FY2008, and $602,152,152,000.59 in subsequent 112 days before leaving office.

For a prettier and more explanatory view of our nation's debt:
http://www.brillig.com/debt_clock
http://www.usdebtclock.org/
DUer primer on National debt

(Debt to the penny keeps changing. Stuff is missing. Best to keep our own history.) LAST REPORT:
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=4525982&mesg_id=4525995

[ozymandius]

9. G'morning, everyone.

:donut: :donut: :donut: I need to leave earlier than usual for work. Have fun!

:hi:

[Roland99]

10. Drive safe!

[AnneD]

18. Morning Marketeers.....

:donut: and lurkers. We had an open house last night. I was up at 5:30 and left the house at 6:30 to get to the school at 7:30 am. I was up here until 8:10pm. By the time I drug my butt to bed it was 9:00 pm. And of course it is rinse, lather, and repeat this am. I really am feeling my age today. In fact, I qualify for the Denny's free meal today.:party:

Mercifully, we will be having our semi monthly Nurse 'meeting' so my friends will save me from eating at Denny's. One friend asked me what I wanted for my birthday. I told her that as I get older my needs get simpler-I just want a good stiff drink and to be with good friends. Hubby and I will go out to Austin for some needed R&R over the holiday.

I think it really is hitting me that retirement is around the corner. I am guarding my nest egg with great care because the choices I make now will have a great impact on my old age. So far I have chosen as wisely as I could but I have learned you can make good decisions and end up with bump kiss. It really is a crap shoot in a casino after all. The next decision is...how long do you think you will live. You don't want to work up until the day you die but you don't want to run out of money either.

I think the best thing you can do is make a bucket list and try to do the things you really want to do while you can. I think I won't be a millionaire but I have traveled around the world. I think I can scratch off that gold medal in track and that Nobel Prize but I had and have almost finished raising a damn fine human being, and I know I saved the lives of at least 3 young kids and several adults. So I guess it all works out some way, like puzzle pieces. You don't always see the finished product at the time but eventually you figure it out.

Happy hunting and watch out for the bears.

[Karenina]

19. Happiest of Birthdays, dearest AnneD!

:bounce::party::bounce:

[AnneD]

27. Long time no hear from friend....

PM me and let me know what is going on in your interesting life....

[Dr.Phool]

23. Happy Birthday Anne!

We all wish you many, many more!

[AnneD]

28. Wish you could be here....

you would really like my Nurse friends-they could probably drink even you under the table-and we are all dog and cat lovers too.

[Dr.Phool]

33. Maybe we should all get together for a drunken week-end!

Someplace in the middle, like a casino in Biloxi or Gulfport.

And since Tansy has all the money, she can buy!

[AnneD]

37. She is not in office yet...

:evilgrin:
We really should have a meetup. It would be a blast.

[DemReadingDU]

49. The meet-up could be the start of the campaign

:toast:

[AnneD]

58. Brilliant idea....

:thumbs:

[Tansy_Gold]

24. And many many more!

:party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party::party:

[AnneD]

30. Thanks Tansy.....

at least when we are elected-we won't have to declare my birthday a national holiday-it generally falls on Labor Day. :spew:

And speaking of which, everyone feels sorry for kids that have birthdays on Christmas etc-but you never think about Labor Day. I could never get a party going because, since Labor Day is the last holiday of the summer....NO ONE WAS IN TOWN. On my 18th birthday, dad decided we would go fishing instead of having at least a token party for me-infact one wasn't even scheduled. :eyes: I celebrated by painting my nails black (this was in 73). I was goth before goth was cool. Actually I told Mom I was in mourning. Ticked Dad off but I made my point.

[DemReadingDU]

26. Happy Birthday!

[AnneD]

34. OHHHH

A sparkly virtual cake. Looks tastier than an actual Denny's meal-and probably is :lol:

[Roland99]

31. Happy Birthday!!

I'd love to go to a taping of Austin City Limits one day.

Only spent about 90 min. in Austin once (Christmas Eve night last year as I was rerouted there temporarily when Dallas closed due to snow)

[AnneD]

35. Bluer than the blue bonnets.....

you would love. The music is good but I think it is over rated.

Houston has more venues and a greater variety. Let me just say that a good musician can actually make a living in Houston. I think Houston grows more musicians than Austin-but Austin has the national reputation. Our local musicians go up to Austin when they want to take a break or try new stuff out before they play their Houston gigs. We consider Austin as the backwaters.

[Roland99]

38. Hmm....interesting.

[bread_and_roses]

32. Many happy returns of the day...and the same

to any and all Marketeers who's days I've missed.

[AnneD]

36. Be sure to enjoy...

a slice of virtual cake. There is plenty for all!!!!

[TheWatcher]

40. Happy Birthday Anne!

:hug:

[AnneD]

52. Thanks....

I enjoy reading your posts here and elsewhere.

[TalkingDog]

42. Saved the lives of 3 young kids...

There is a Chinese Proverb: Saving one human life is better than building a seven story pagoda to the Buddha.

I'd say you have done better than a Nobel Prize.

Happy Day

[AnneD]

53. Those moments....

fully aged me at least 10 years. Kids are the most traumatic to deal with, esp if the parents are there too. The last time I had to do rescue breathing on a kid and it took what seemed like a very long time befor EMS got there. My VP told me that I was the colour of my scrubs (purple) when they finally got there. The next day I wore my black scrubs. I told her if I matched this color, don't waste time on 911 just call the funeral home!

The most traumatic one was the construction worker that fell from the roof ten feet onto the gym floor. He didn't need CPR but he was a mess. I had post traumatic stress for 2 months after. We had angles looking after us that day.

Just last week I happened to go to the teachers lounge (which I rarely do). One of the teachers was by herself and was chocking. I could tell by the strider (high pitched wheezing) in her breathing that she was in trouble and immediately started a Heimlich maneuver on her. It took 3-4 really strong thrusts before she coughed it up. I didn't even realize it but I lifted her up off the floor on the thrusts and she weighed more than I do. I am surprised I didn't crack her ribs. My lower back muscles were a bit tender the next few days but I am glad she is still with us. She greets all the kids and staff when we come into school and stands at the front door. She is far better than a metal detector.

Yeah, I guess a Nobel prize is over rated anyway.

[DemReadingDU]

59. A special place in heaven is waiting for you Anne

Sometimes I feel that God puts us where He needs us to be, where we can do the best to help others. Thank you for being at the right places, you are an angel on earth.
:hug:

[AnneD]

60. I feel the same way.....

and stopped planing the minutia of life, I just do the outlines. To paraphrase it- I just go with the flow. I have had folks come back and tell me that something I said or did resonated and made them change or caused them to rethink the path they were on. And I do admit that sometimes I get flashes of intuition and blurt out things. :blush:

Oh and Dang- if I didn't have to call 911 for a kid today. That is why I am late at work today. Nothing is finished until the paper work is done. Asthmatic kid didn't say anything until he came into the clinic in full blown crisis this afternoon. Of course his parents did not send any meds and there was no information in this new child's computer records.:banghead:

I kept him calm and gave him hot cocoa (caffeine and heat keeps the airways open). When the parents took too long, I called EMS. Mom arrived but he ended up in the ambulance going to ER anyway he was in such bad shape.

I swear I couldn't make this stuff up.

And if I do end up in a good place, I will be looking for all my SWT buddies.

[Joe Chi Minh]

44. A very happy birthday, Anne!

[AnneD]

54. Hey Joe...

good to see you lurking here.

[tclambert]

45. Happy Birthday!

My wife's grandfather lived to be 105. Bill Knapp's used to have this deal where they would give seniors a percentage off equal to their age. They had to pay grandfather-in-law to eat there.

[AnneD]

55. Now that...

is a goal worth aspiring toward. :spray:

[ozymandius]

48. A very happy birthday to you, AnneD!

You are a genuine gift to us here. :toast:

[AnneD]

56. Thanks Ozy....

and I can say the same thing about you too. :toast:

[Tansy_Gold]

15. kick

[xchrom]

17. Recommend

[TalkingDog]

20. German Military Think Tank: Peak Oil Threatens Free Markets

http://www.rawstory.com/rs/2010/0901/german-report-peak-oil-collapse-democracy/

oh.... the...horror.... :eyes:


So what...we can't push development of alternatives? We can't have, as some have suggested, the Manhattan Project of renewable energy?

Oh, wait...that won't make enough money for the "free market". Which is only free if you've got enough money to buy your way in the door.


So:

[DemReadingDU]

25. Artist's Rendering Of Rahm Emanuel's Desktop

ZeroHedge: We continue with our series of artist renderings of various infamous desktops (previously Barack Obama, Ben Bernanke, Tim Geithner, and Lloyd Blankfein). Today, we focus on that of administration straight shooter Rahm Emanuel.





Click link for larger image
http://www.zerohedge.com/article/artists-rendering-rahm-emanuels-desktop

[Dr.Phool]

29. I thought he would have Glenn Beck's twitter up there.

Just in case they had to fire somebody real quick, before Glenn talked nasty about them.


Quick! Feed Elizabeth Warren to the gators in the White House moat!

[DemReadingDU]

39. Economy Avoids Recession Relapse as Data Can't Get Much Worse

:eyes:

9/2/10 Economy Avoids Recession Relapse as Data Can't Get Much Worse
By Rich Miller and Simon Kennedy

The U.S. economy is so bad that the chance of avoiding a double dip back into recession may actually be pretty good.

The sectors of the economy that traditionally drive it into recession are already so depressed it’s difficult to see them getting a lot worse, said Ethan Harris, head of developed markets economics research at BofA Merrill Lynch Global Research in New York. Inventories are near record lows in proportion to sales, residential construction is less than half the level of the housing boom and vehicle sales are more than 30 percent below five years ago.

“It doesn’t rule out a recession,” Harris said. “It just makes it less likely than otherwise.”

more...
http://www.bloomberg.com/news/2010-09-01/economy-seen-avoiding-recession-relapse-as-u-s-data-can-t-get-much-worse.html

[TheWatcher]

41. How long before they tell us that A Depression would be a Boom for the Economy and lead to strong

growth, economic health and expansion, and increased wealth?

The Propaganda we are subjected to these days is so blatant, absurd, and over the top it makes The Soviet Union and Goebbels Germany look open and transparent.

Even Orwell would have told you this was absurd and not realistic if you had suggested this is what we would see in the future.

I have never seen the level of absolute distortion and fabrication we are seeing in our Media, and if you had told me 20 years ago that this is how things would be, I would have told you to seek help.

Then again, I had no way of knowing that the Public would be this submissive, weak, soft, dumbed down, cowed, and so impaired by cognitive dissonance and willful ignorance on this Grand Of A Scale either.

Like i said yesterday, our country is gone, and because as a whole, we don't seem to have or the want take it back, it's becoming a matter of "How do we adapt and survive."

Any hope we had for Real Change of ANY kind is about gone.

I know I keep harping on it, but Obama's address was one of the darkest, most ominous moments in our recent history.

We no longer matter.

We Are On Our Own.

[bread_and_roses]

47. You're not alone - I feel the same (n/t)

[fedsron2us]

46. Not dead just resting

[AnneD]

57. And when does a Recession.....

finally become a Depression she asked rhetorically to the resounding applause of crickets.

[RUMMYisFROSTED]

43. "You've done it again, Stock Market!"