The Beige Book bilge faltered so the next rah-rah team stepped up to the plate to whack a happy-happy ball into the infield. Stocks rise on the silly report put out by Wall Street's 'Conference Board,' the organization set up by the same clowns who set up the Federal Reserve during WWI. This Conference Board blew all the forecasts from 1929 to...whenever. They, like so many other organizations set up by the rich elites, exist only to lie. And You Tube has a video of Cohen & Grigsby which is a tape of them telling corporations how to fake employment searches so they can hire foreign workers rather than citizens of the USA. Arrest these lawyers! And all con artists.
Leading indicators of U.S. economic activity increased 0.3% in May, suggesting the economy may have weathered the storm of the housing slump and rising gas prices, the Conference Board said Thursday.Economists had been anticipating a 0.2% increase, according to a survey conducted by MarketWatch.
"Although choppy on a month-over-month basis in recent months, the underlying trend of the LEI points to continued modest real GDP growth in the near future," said Josh Shapiro, chief U.S. economist at MFR Inc.
And a revision pointed to the leading indicators not as weak in April as first indicated. The leading index fell a revised 0.3% in April, up from a 0.5% decline reported last month.
The good news never ends, does it? I tune into the TV and it is filled with lollipops and cotton candy clouds and the cannibal witch living in the gingerbread house is smiling ear to ear! Stocks shot up and everyone is now lining up, according to Market Watch, to buy the Blackstone IPO and then get rich, rich, rich! The Blackstone witch cackles with joy and sings, 'Come into my housie, come little mousies' as she does in the Humperdink operetta.
The good news is silly. If we take all the data and look at it, it paints an ugly picture. The only 'good' stuff is that Japan will continue this business to the bitter end when we both go bankrupt or rather, we go bankrupt and China takes over Japan. Thinking this stuff will end with us ruling the earth and fat and happy with big SUVs is pure insanity. As it is, the indicators are wavering and the price of oil went down today to a level which we considered very high just one year ago. Certainly, a 1% drop in one day is meaningless since it has risen in 7 years from $12 a barrel to $70 a barrel, a 6X hike! And the urge to go crazy over little news while ignoring bigger news characterizes our economy. Betting with the fools is profitable until the fools are eaten by the cannibal witch. Then she hooks her claws into both Hansel and Gretel and all is lost.
From Information Clearing House:
Immigration attorneys from Cohen & Grigsby explains how they assist employers in running classified ads with the goal of NOT finding any qualified applicants, and the steps they go through to disqualify even the most qualified Americans in order to secure green cards for H-1b workers. See what Bush and Congress really mean by a "shortage of skilled U.S. workers." Microsoft, Oracle, Hewlett-Packard, and thousands of other companies are running fake ads in Sunday newspapers across the country each week
This video is ghastly. And the lawyers and his gang are all criminals. And they should all be arrested. Now. At the least, disbarred and tarred and feathered. Forget the feather, put scales on them. Grrr. If anyone wants to annoy these reptiles, here is their hole they hide in:
Cohen & Grigsby Pittsburg offices (
11 Stanwix Street
15th Floor
Pittsburgh, PA 15222-1319
TEL: 412.297.4900
FAX: 412.209.0672
Here is their web page:
June 7, 2007Cohen & Grigsby, a business law firm with offices in Pittsburgh, PA; Bonita Springs, FL; and Naples, FL, is pleased to announce that 14 of its attorneys have been recognized by Pennsylvania Super Lawyers 2007. Compiled by Law & Politics through both peer review and independent research, Pennsylvania Super Lawyers 2007 is intended to highlight the top five percent of Pennsylvania attorneys in more than 60 practice areas. The following attorneys from Cohen & Grigsby are included in this year’s list:
Charles R. Brodbeck - Bonds/Government Finance
James B. Brown - Employment Litigation: Defense
Christopher B. Carson - Mergers & Acquisitions
Charles C. Cohen - Securities & Corporate Finance
V. Susanne Cook - International Law
R. Michael Daniel - Estate Planning & Probate
Christopher F. Farrell - Estate Planning & Probate
William E. Kelleher, Jr. - Bankruptcy & Creditor/Debtor Rights
E. Donald Ladov - Employment & Labor
Lawrence M. Lebowitz - Immigration Law
Richard R. Nelson, II - Business Litigation
Jonathan M. Schmerling - Estate Planning & Probate
Jeffrey P. Ward - Personal Injury Plaintiff: General
Thomas C. Wettach - Intellectual Property“Cohen & Grigsby’s attorneys are recognized year after year by Pennsylvania Super Lawyers for providing high-quality legal services to clients of all kinds in all areas of the law,” noted Jack Elliott, Cohen & Grigsby president and chief executive officer. “As always, we are proud of this year’s class of recipients.”
Pennsylvania Super Lawyers is published annually in the June issues of Philadelphia magazine and Pennsylvania Super Lawyers magazine.
Cohen & Grigsby offers legal services to private and publicly held businesses, nonprofits, multinational corporations, individuals and emerging companies. It has experience in bankruptcy, business, tax, employee benefits, estates, trusts, immigration, intellectual property, international business, litigation, labor and employment, and real estate. The firm is headquartered in Pittsburgh, Pennsylvania and has offices in Bonita Springs, Florida and Naples, Florida.
Super assholes, I would say. And this is what passes for good lawyers! And we wonder why our nation is going bankrupt, our nation is being destroyed from within by traitors and these traitors give a huge amount of money to politicians and this is why we see no campaign finance reforms and why we can't get our politicians to do anything to save us from bankruptcy. Lawyers make a lot of money when things go wrong so they don't care if things go wrong and alas, some of them aren't exactly patriots. The lead lawyer in this video could be fighting in Afghanistan or Iraq but he isn't he is here, destroying America better than 10 bin Ladens!
From You Tube's comments:
Anyone who calls this garbage a "technicality" is a lying sack of excrement. The company my wife works for specifically told her "you can interview US citizens, but we are not hiring them, so don't recommend them".This is yet another attack on the american middle class. Attack us by taking our jobs, and then when we have to go for manual labor jobs.. attack us with illegal aliens.
Our government needs to be overthrown, and CEO's need to be deported.
I am not alone, wishing these people who are destroying us be arrested.
From You Tube:
These callous immigration attorneys pulled all twenty of their YouTube videos on June 18, 2007. This "fair use" summary gives a sense of the callous attitude of most immigration attorneys towards experienced American citizen technical professionals. Of course the real villains are the "robber baron" owners of high tech firms that pay the immigration attorneys to commit fraudulent activities to boost their bottom line.
Many thousands of people have now seen this video of these crocodile criminals! And they are pissed as hell and want it erased so they can continue to commit fraud. And it is fraud! The employment attempts at hiring Americans are supposed to be in 'good faith' not 'wretched treason'! So I would suggest Cohen be disbarred and defanged and maybe he should leave my nation, the one my family thinks of as 'home' and go elsewhere. And do note they have on their web page a site for Germans seeking better jobs here!
From the Cohen web site:
Anwaltskanzlei für Einwanderungsfragen (Immigration)Die Anwaltskanzlei von Cohen & Grigsby für Einwanderungsfragen bearbeitet ein breites Spektrum von einwanderungsbehördlichen Problembereichen, einschließlich:
Der Unterstützung bei der Sicherung von temporären und permanenten Visa
Dem Erhalt der US-amerikanischen Staatsbürgerschaft
Die garantierte Erfüllung der amerikanischen Einwanderungs- und Arbeitsgesetze in Bezug auf die Anstellung von ausländischen Arbeitskräften
Der Ermittlung der Auswirkungen einer permanenten Aufenthaltsgenehmigung auf die amerikanische und ausländische Steuerpflicht
Der Überwachung von rechtlichen und gesetzlichen Entwicklungen in Bezug auf die Anstellung von ausländischen Arbeitskräften.
Wir vertreten eine breitgefächerte Klientengruppe bestehend aus US-amerikanischen und ausländischen Einzelpersonen, Unternehmen, Firmen und Finanz- sowie Krankenversicherungsinstitutionen.
Mitglieder unserer Kanzlei praktizieren in landesweiten Amtsstellen der amerikanischen Einwanderungsbehörde (INS) sowie dem US-amerikanischen Arbeitsamt (DOL). Wir vertreten auch Klienten in Botschaften und Konsulaten weltweit und fungieren als direkte Schnittstelle zu Vertretern von ausländischen Regierungen hinsichtlich einwanderungsbezogener Angelegenheiten
Wie schoen! Ich bin sehr glücklich! Perhaps I should go to Germany and displace workers there! These are not $10 an hour jobs, they are talking about top finance and industrial supervisory jobs, the $500,000+ jobs! Gads. Seig Heil, Cohen! Du bist mein Kamarade!
By Tony Paterson in Berlin
Published: 01 June 2007For a nation that invented the term "guest worker" for its immigrant labourers, Germany is facing the sobering fact that record numbers of its own often highly-qualified citizens are fleeing the country to work abroad in the biggest mass exodus for 60 years.
Figures released by Germany's Federal Statistics Office showed that the number of Germans emigrating rose to 155,290 last year - the highest number since the country's reunification in 1990 - which equalled levels last experienced in the 1940s during the chaotic aftermath of the Second World War.
They are coming, the Hessians are coming! Heh. Seriously, this is a problem. We are an open door serving closed systems and everything flows one way: here. And this is bad in the long run and the short run.
The number of newly laid off workers filing claims for unemployment benefits shot up unexpectedly last week, rising to the highest level in two months.The Labor Department reported that unemployment claims totaled 324,000 last week, up 10,000 from the previous week, to the highest level since mid-April.
While the big increase was unexpected, analysts said it did not change their view that the labor market remains healthy despite a year-long economic slowdown caused by a steep slump in housing and troubles in the domestic auto industry.
POTSDAM, Germany - A crucial meeting of the World Trade Organization’s four most powerful members has failed, officials said Thursday, dealing a major setback to efforts at reaching a new global commerce pact.
So the Wall Street gang issues a fake report that all is well yet all is not well at all and the unemployment figures actually stink because ILLEGALS are not counted when they enter or when they leave and they are in all our factories and much of the housing construction business, etc. So I think there are another 15% unemployed. I see 'for sale' signs not only all over the place but everything in sight.
I see people sitting in the doorways of stores in town with glum faces. I went to Walmart to buy some summer men's shorts and the place had one register open and was nearly empty. This is not good! Where do these guys issuing these reports coming from? Germany? Who has a strong currency and a trade surplus with us and a FOREX reserve as big as ours....
From the Conference Board Lunatics:
The May increase in the leading index reverses its April decline. And April's large decrease was revised up slightly due to data revisions in housing permits and manufacturers' new orders components. The leading index grew 0.3 percent from November to May (a 0.6 percent annual rate). In May, unemployment insurance claims (inverted) and stock prices made the largest positive contributions, followed by housing permits.The coincident index increased again in May. From November to May, the coincident index rose by 0.8 percent (a 1.6 percent annual rate). In May, employment made the largest contribution to the index. The coincident index grew at an average annual rate of about 2.5 percent in 2006, but in recent months, its growth has been fluctuating in the 1.5 to 2.0 percent range (annual rate).
Following an essentially flat period in the second half of 2006, the leading index picked up somewhat in December, but this was followed by two consecutive declines. The leading index is still at the same level as in January 2007, and it is 0.3 percent above its May 2006 level. At the same time, real GDP grew only at a 0.6 percent annual rate in the first quarter of 2007, following a 2.5 percent rate in the fourth quarter of 2006. The recent performance of the leading index has been mixed with increases offsetting decreases and the number of components rising roughly equaling the number falling. The current behavior of the composite indexes suggests that economic growth is likely to continue, albeit at a slow pace, in the near term.
They see the sun! Hooray! I have to eat dinner and another thunderstorm is coming and I have to be fast here so here is some information about leading indicators:
The purpose of the Board's Business Cycle Indicators (BCI) is to provide ways for analyzing the expansions and contractions of the economic cycle. The Composite Index of Leading Indicators is one of three components of the BCI - the other two are the Composite Index of Coincident Indicators and the Composite Index of Lagging Indicators.Since the leading-indicators component attempts to judge the future state of the economy, it is by far the most widely followed. But before we explore its components and the ways in which it is interpreted, let's take a look at some background of the overall BCI.
Since its beginning in 1916, the Conference Board (CB) has been a force for positive progress in the world of business. The research it conducts and the conferences it organizes bridge the divide between the academic and professional realm, giving backbone to the idea that what's good for business can also improve the world's quality of living. For traders and economic forecasters, many CB releases have become standard measures of the financial condition in the United States.
My cat, Fluff, was lost and just came in the door, meowing and begging for love. Take care, everyone!
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Hello Elaine:
I've been reading your blog with great interest. You always give an interesting perspective on today's events and I appreciate it. I've seen alot of this type of activity at one of my previous employers. They would run employment ads in the local paper and when I asked about it, the response from HR was "well we didn't run that ad, it must have been done by the lawyers".
Unfortunately, I see these ads all of the time... and it sickens me because there are plenty of jobs going to foreign workers that many American workers could easily do.
Posted by: Christopher | June 21, 2007 at 08:44 PM
Thank you for sharing that information. There are a lot of cheating and skirting the law. This refusal to be honest is very dangerous! These people doing this are destroying America and they know it!
But they excuse themselves using all sorts of lies which is why our government publishes obvious lies which I tear apart regularily and the biggest focal point for lying is concerning 'free trade' that is rapidly bankrupting the entire nation! It has to stop!
Posted by: Elaine Meinel Supkis | June 21, 2007 at 11:49 PM
"the same clowns who set up the Federal Reserve during WWI."
I remember something about "rich... secret... offshore..." All the hallmarks of doom!
"Cohen & Grigsby, a business law firm with offices in Pittsburgh, PA; Bonita Springs, FL; and Naples, FL, is pleased to announce that 14 of its attorneys have been recognized by Pennsylvania Super Lawyers 2007."
Get your lawyer jokes here:
http://www.lawyer-jokes.us
Posted by: JSmith | June 22, 2007 at 11:03 AM
Yes, Smith, think 'Pirates' and 'Queen Elizabeth' and then draw the lines down to today.
Posted by: Elaine Meinel Supkis | June 22, 2007 at 12:35 PM
Thats a great blog to have the economical news with total information required for the Share market holders...
cheers,
suma valluru
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http://www.getlawyeradvice.com/
Posted by: suma valluru | July 05, 2007 at 02:03 AM