The Cellar - Report From the Frontlines of the Economic Collapse

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- - Report From the Frontlines of the Economic Collapse (http://cellar.org/showthread.php?t=18898)

Quote:

Originally Posted by xoxoxoBruce (Post 510897)

Sorry to hear that, Pat. I know exactly what you're saying because that's where I was at your age.
You never sold the old house?

But hey, think of poor Rick Wagoner... his salary is being cut to $1 a year.;)

You notice they didn't mention what kind of bonuses he gets and what they amount to.

Or how many millions he has under his mattress.

Uh, Wagoner, not Elspode. ;)

Yebbut, his stock options are all under water. Probably f'rever.
The schadenfreude is palpable.

Just noticed this was a personal thread, not one about a headline. I hate it when good people get the shaft through no fault of their own. "Hang in there" is all I can think of to say. I wish I was better with words...

Quote:

Originally Posted by NYTimes

How bad was today’s jobs report? The unemployment rate rose to 6.7 percent, its highest level since 1993 — and that understated the weakness in the labor market.
According to the Labor Department, the number of unemployed workers rose by 251,000 in November. But the number of people who were outside of the labor force — that is, neither working nor looking for work — rose by much more: 637,000. These people aren’t counted as unemployed in the government’s statistics, because they are not looking for work. Many of them, presumably, have stopped looking for work because they didn’t think they could find a good job.

Sigh. Time to take that quote about optimism out of my sig.