BLS BS Update

Tyler Durden's picture Submitted by Tyler Durden on 10/14/2010 07:56 -0500

BLSBureau of Labor StatisticsKrugman

The chart pretty much speaks for itself. Voodoo economics at its best. Speaking of, where’s Krugman?

h/t John Lohman

5 Your rating: None Average: 5 (9 votes)
» Share/Save Login or register to post commentsPrinter-friendly versionSend to friend

by Cognitive Dissonance
on Thu, 10/14/2010 – 07:57
#648823

Come on six…..er…..Fed. Momma needs a new car.

Login or register to post comments by Turd Ferguson
on Thu, 10/14/2010 – 07:58
#648825

Hey, TD, BLS BS is my term! I demand all copyright and trademark fees!

Login or register to post comments by Cognitive Dissonance
on Thu, 10/14/2010 – 08:08
#648860

For your compensation, you get to defrag and backup the main server tonight. :>)

Be careful what you ask for. I asked the same thing of Tyler and I was told to clean out the email in box one by one.

Login or register to post comments by I need more cowbell
on Thu, 10/14/2010 – 09:16
#649102

Your gold profits ( from the gold prophet ) should be enough, greedy bastardo!

Thank god for that little backtrack from $1386 today thus far, we just can’t have it moonshoot every day now can we? Even at that, yet another up day in almost every currency, except Euro. What are those folks smoking? Gold or paper backed by a collection of feuding nations going back thousands of years, for $100 Alex.

Login or register to post comments by Cognitive Dissonance
on Thu, 10/14/2010 – 09:24
#649124

Parabolic blow off. The question isn’t if it will fail but when. My experience is that the over shoot up will only be exceeded by the over shoot down.

Now where are my air sickness pills?

Login or register to post comments by TheGreatPonzi
on Thu, 10/14/2010 – 07:58
#648826

“where’s Krugman”

In his bunker, on the Cayman Islands, with three bodyguards and a MG-42.

Login or register to post comments by cbaba
on Thu, 10/14/2010 – 07:58
#648827

Bureau of Lies

Login or register to post comments by nonclaim
on Thu, 10/14/2010 – 08:42
#648988

… and Statistics.

Login or register to post comments by Walt Whitman
on Thu, 10/14/2010 – 09:38
#649168

Bureau of Laughable Static.

Login or register to post comments by bada boom
on Thu, 10/14/2010 – 08:00
#648834

“Every (Thurs)Day is Exactly the Same”

Login or register to post comments by curbyourrisk
on Thu, 10/14/2010 – 10:17
#649273

It’s ground hog day……everyday.

 

 

Login or register to post comments by NotApplicable
on Thu, 10/14/2010 – 11:04
#649474

I believe I can see the future
Cause I repeat the same routine
I think I used to have a purpose
But then again
That might have been a dream
I think I used to have a voice
Now I never make a sound
I just do what I’ve been told
I really don’t want them to come around

Oh, no

Login or register to post comments by cnbcsucks
on Thu, 10/14/2010 – 08:01
#648838

BLS – Ben Loves Stimulus

 

Login or register to post comments by HedgeFun
on Thu, 10/14/2010 – 08:01
#648840

At first look i thought that was gold price projection (top, in blue) with us deficit projection (below, in red).

Login or register to post comments by Dadoomsayer
on Thu, 10/14/2010 – 08:02
#648841

but the stock market is up nearly 80%, how could employment fall?

Login or register to post comments by the not so migh…
on Thu, 10/14/2010 – 08:02
#648842

QE stimulus was a bust

Login or register to post comments by Goldenballs
on Thu, 10/14/2010 – 08:04
#648848

How could the statasticians allow true data to leak out.This is not funny the person responsible needs to be found and given a promotion.

Login or register to post comments by dbradsha
on Thu, 10/14/2010 – 08:09
#648865

Be interesting to add POMO/Fed purchases to those graphs !

Login or register to post comments by 99er
on Thu, 10/14/2010 – 08:22
#648891

Charts

ES    http://99ercharts.blogspot.com/2010/10/es_14.html

DX    http://99ercharts.blogspot.com/2010/10/dollar_14.html

Good luck!

Login or register to post comments by AccreditedEYE
on Thu, 10/14/2010 – 08:22
#648925

Everyone see the WSJ today? When you start to see Private Equity reaching for the cookie jar of debt fueled dividend cash extractions, it has always been a sign we are near a top. (Who the hell BUYS this crap from them???  Oh, right! Illinois TRS! LMAO! )

Login or register to post comments by Oligarchs Gone Wild
on Thu, 10/14/2010 – 08:17
#648894

What we have right now is the equivalent of the modern day Manhattan project.  Where the smartest scientists and mathematicians are working around the clock.

The difference with these modern “geniuses” is that they are nothing more than alchemists, yet their outcomes may be oddly similar.

Login or register to post comments by French Frog
on Thu, 10/14/2010 – 08:17
#648895

I’m not even from the US but this is worth a try, if anything, just to see if any reply is forthcoming at all.

Why doesn’t EVERYBODY at ZH do the following:

1) go to http://data.bls.gov/cgi-bin/forms/opb?

2) ask the BLS something along the line of “it is almost a statistical impossibility that out of 26 revisions, 25 were to the upside & can you please comment?”

3) if necessary, include the link with the data from Bloomberg  http://www.zerohedge.com/sites/default/files/images/user5/imageroot/shirakawa/BLS%20Revision%20Update.jpg

Login or register to post comments by firstdivision
on Thu, 10/14/2010 – 08:30
#648948

For two simple reasons.

1) Americans are notoriously lazy.

2) Beuracrats know that if you ignore requests long enough, the other party always folds first.

Login or register to post comments by French Frog
on Thu, 10/14/2010 – 08:36
#648968

they have already acknowledged by question by email; i’ll update if/when i get an answer.

 

but people at ZH aren’t lazy so why not do it?

Login or register to post comments by NotApplicable
on Thu, 10/14/2010 – 11:08
#649491

I’m not lazy, I just have no expectations that criminals are inclined to provide efficient goods and services.

If you get an answer at all it will be standard boiler-plate “thank you for your concern, blah… blah… blah… ” followed by massive obfuscation of any ideas you try to bring up.

In other words, it will be nothing but a PR whitewash.

Good luck with that.

Login or register to post comments by Miss America
on Thu, 10/14/2010 – 10:21
#649290

Re: “1) Americans are notoriously lazy.”

…do you have any statistics on that?

Also, what defines “lazy”?

I hate when cliches are used as a substitute for actually doing the non-lazy research that would justify the claim.  Just curious, cause I hate inaccurate stereotypes.

All the best,

MA/RH

Login or register to post comments by doolittlegeorge
on Thu, 10/14/2010 – 08:30
#648950

no news that government’s “manipulate the numbers” is it.  still, “to be expected.” to say “not your recovery” is a Wall Street speciality.  So is someone saying to Wall Street “not your recovery.”  His name was Warren Buffet.

Login or register to post comments by Arthor Bearing
on Thu, 10/14/2010 – 08:59
#649049

“Please explain why it was necessary to revise jobless claims so many times to such a high difference in aggregate claims during 2010. Additionally, statistically it is highly improbable that your Bureau would always need to revise upwards; it suggests political pressure so I’m eager for you to put my concerns to rest by providing a proper explanation.”

I don’t expect this to create any significant change, but it’s kinda fun to fuck with bureaucrats.

Login or register to post comments by Cvillian
on Thu, 10/14/2010 – 08:26
#648936

Krugman’s in Asia getting his Keynes on and talking sh-t in da face!

http://www.cnbc.com/id/15840232?video=1614756246&play=1

And

http://www.cnbc.com/id/15840232?video=1614843736&play=1

Login or register to post comments by 99er
on Thu, 10/14/2010 – 08:38
#648973

Chart: ES and ZB

http://99ercharts.blogspot.com/2010/10/es-zb_14.html

Login or register to post comments by Voodoo Economics
on Thu, 10/14/2010 – 08:57
#649044

Sorry, Im’ late but I’m here TD.  Yes, as you can see, I do work at th BLS, too.

Login or register to post comments by DarkMath
on Thu, 10/14/2010 – 09:08
#649076

Velvet weekend. It will allow an orderly collapse of the dollar. Panic is so chaotic.

Login or register to post comments by George Costanza
on Thu, 10/14/2010 – 09:13
#649094

it took me 30 seconds to paste the question into the BLS web page.

http://data.bls.gov/cgi-bin/forms/opb?

everyone should ask the looters about the impossible series of revisions.

Really, they should just close down the BLS, and save the taxpayers the money.

Login or register to post comments by 99er
on Thu, 10/14/2010 – 09:27
#649137

Chart: SPX

http://99ercharts.blogspot.com/2010/10/spx_14.html

Login or register to post comments by Gimp
on Thu, 10/14/2010 – 09:55
#649218

In the 1980’s we would laugh at the propoganda coming out of the Soviet Union on the bullshit news they expected people to believe on how well their economy was doing.

Today we laugh and then cry knowing the great USA is doing the same thing and expecting “We the people” to believe it.

I need some HOPE….

Login or register to post comments by Bananamerican
on Thu, 10/14/2010 – 10:40
#649366

“Vat? You are saying we are not Hyperpower no more maybe?”

Ve are world’s only Hyperpower™!! and the “Richest Nation On Earth”™ Ve “Put Man On The Moon”™ and “Fought Them Over There So You Won’t Have To Fight Them Over Here”™….

Login or register to post comments Comment viewing options Flat list – collapsedFlat list – expandedThreaded list – collapsedThreaded list – expanded Date – newest firstDate – oldest first 10 comments per page30 comments per page50 comments per page70 comments per page90 comments per page150 comments per page200 comments per page250 comments per page300 comments per pageSelect your preferred way to display the comments and click “Save settings” to activate your changes. Search Search this site: Latest News From RAN Squawk 10-14 12:05: T-notes move to fresh session low post disappointing USD 13bln 30y note auction 10-14 12:03: Results of USD 13bln 30y note auction 10-14 11:45: According to the Weather Insight service, temperatures for the next 6-10 days (20 – 24 October) 10-14 11:44: Moody’s revises US newspaper industry outlook to negative from stable 10-14 11:40: Seeking Alpha.com writes about the USD weakness today in an article entitled ‘Dollar Gets Punished’ 10-14 11:34: EU’s Rehn says exchange rates should reflect economic fundamentals 10-14 11:33: EU’s Rehn says Europe’s ‘economic crisis management phase’ ending 10-14 11:33: ExxonMobil (XOM) says operations at Chalmette refinery back to normal after leak The Zero Hedge Team

Tyler Durden – Founder

Marla Singer – Foil

Travis – Author

Cornelius – Author

Sacrilege – Senior Researcher

 

tips [ at ] zerohedge [ dot ] com – Our Reader Tips Mailbox

Make sure to read our “How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]” Guide

ads [ at ] zerohedge [ dot ] com – Advertising Inquiries.

abuse [ at ] zerohedge [ dot ] com – Abuse / Infringement Issues

 

It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure.

 

Zero Hedge Offices:

United States:
888.qui.zero (888.784.9376)

Zurich:
+41 43 501 6717

London:
+44 20 3318 4753

copyright ©2009, 2010 zero hedge – limited reproduction (with attribution) permitted by request

zero hedge’s redundancy powered by:

Powered by Ubercart, the free shopping cart software.

View the Original article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s