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alstry (34.51)

The Uncounted Unemployed.....No Vacancy

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December 02, 2009 – Comments (6)

A new trend is rapidly developing across America.....corporations and governments are shutting down and closing vacant positions in addition to laying off existing employees.

Carroll County - 18 , and 44 Vacant Positions

This trend will not show up in government statistics but will have a profound impact on future employment.

It is a key step in the Zombulation process as America heads closer and closer to 50% unemployed or not working.

Again, in order to move into a new economy, we must shut down the old economy......this is simply part of a process we could all foresee.....by 1.01.10......you will know its here and that more than half the current jobs will not be necessary in a drive for efficiency.

6 Comments – Post Your Own

#1) On December 02, 2009 at 10:28 AM, alstry (34.51) wrote:

AMERICA CONTINUES SHUTTING DOWN......

Melville-based Lend America closed its loan-making operation Tuesday and laid off most of its 600 workers, a day after federal officials revoked its license to make loans insured by the Federal Housing Administration.

FHA-backed loans made up at least 90 percent of the company's business.
...
Last year, Lend America closed 6,986 loans, or $1.36 billion in loans, Lovallo said, and for this year it projected 12,500 loans closed, for about $2.5 billion. The company serviced about $1.8 billion in loans, he said, and it is not clear whether it will continue to provide that service.

Millions of existing jobs and vacancies will evaporate in upcoming months as we shut down the old economy setting the stage for the Alstrynomic Digital Age.

The question is how will we proceed forward with the very convulsive change??????

The only thing certain.....50% unemployment is getting closer and closer as government and business will be forced to take dramatic actions.

Pfizer Notifies NY of 414 Layoffs

This is an expecially convulsive for America because we are a Big Government leveraged domestic consumer economy.  If we are not consuming massively, we don't have much of an economy.

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#2) On December 02, 2009 at 10:38 AM, weg915 (< 20) wrote:

Alstry, Sorry to impose but too busy looking up other (medical for my sis).  How does the seasonal trend for unemployment compare to other years is that why are we seeing slowing unemployment numbers?  for the future, what are the yearly trends going into the first quater of the year?  Should we expect things skyrocket in jan/feb?

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#3) On December 02, 2009 at 10:43 AM, alstry (34.51) wrote:

The issue now is many business are running out of cash and lines of credit.....so if my calculations are correct, we should see a sharp spike in the number of layoffs and business closings.  We should also see a similar trend with government as revenues evaporate.

The impact of massive unemployment on the economy is still uncertain as government has yet to really address the problem.  We should see more attention paid to the issue in upcoming weeks.

As we move forward there will be an increasing tension between running out of money and the need to stimulate.....clearly we are moving deeper between a rock and a hard spot.

It is very easy to print money.....but what good is a pile of worthless money????  North Korea was a very good example yesterday.

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#4) On December 02, 2009 at 12:15 PM, alstry (34.51) wrote:

WHICH HEADLINE MORE REFLECTIVE OF TIMES......???

MSM

Stocks waver as job cuts decline last month

ALSTRY

DESPITE MILLIONS OF JOB CUTS ALREADY, THOUSANDS MORE AMERICANS LOST JOBS LAST MONTH

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#5) On December 02, 2009 at 3:57 PM, jddubya (54.81) wrote:

"Melville-based Lend America closed its loan-making operation Tuesday and laid off most of its 600 workers, a day after federal officials revoked its license to make loans insured by the Federal Housing Administration."

So what's the problem?  You should be glad they were shutdown.  Here, again, you take one snippet to make it sound sooooo Alstry bad.  Here's the next paragraph after the quote above.

"The FHA, citing abuses that included submitting false documents and making loans that did not meet requirements, imposed civil money penalties of $512,500 against Ideal Mortgage Bankers, which does business as Lend America."

Obviously, you can scratch "facts" from the list of things that Alstry[nomics] is "all about"

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#6) On December 02, 2009 at 4:18 PM, alstry (34.51) wrote:

FINALLY....Now you are learning jd......the world is fraud....just like I forecasted a while ago, we are all Madoff's client's....even you.

Now the question is how do you invest when the world is Dubai????

Your government doesn't have the money it spends driving the economy.

You bank doesn't really have the assets to remain solvent.

Your pension fund is full of debt being mispriced.......

The entire health care industry is being paid with borrowed funds that will never be paid back.......

It took you a while to figure it out....that explains a lot.

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