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June 01, 2004
What the World Needs Now is Cowbell, Sweet CowbellData show economy roaring at record levels: NEW YORK (Reuters) - U.S. factories cranked up output in May and construction spending surged to a third straight record high in April, according to reports on Tuesday that showed the economy gathering speed. Taken together, the data supported the case for a Federal Reserve rate rise later this month. However, a third report gave a more subdued view of the job market in May, as the number of planned layoffs rose for the second month in a row. There's always somethin'. The Institute for Supply Management said its index of national factory activity rose to 62.8 in May from 62.4 the prior month, beating expectations of a small decline to 62.0. The index was not far off its two-decade high of 63.6 reached in January. "Manufacturing activity has gone from being the U.S. economy's laggard to one of the driving forces behind the current recovery," said John Lonski, chief economist at Moody's Investors Service. "That big jump by the employment index for the month of May favors another reading on payroll employment which exceeds expectations," he added. The job component rose to 61.9 in May -- the highest since April 1973 -- from 57.8 the prior month. Markets are awaiting Friday's May payrolls report, which is expected to show an increase of around 216,000 non-farm jobs and seal the case for an official rate rise at the Fed's late June meeting. Cowbell. Made in the USA. posted by Ace at 01:32 PM
CommentsOk, yeah, great, people are getting jobs and soldiers and whatnot. Bring back the Lara Flynn Boyle picture. DO it. DO it. Posted by: Matt on June 1, 2004 01:53 PM
I wonder how this growth in manufacturing is connected to the steel import tariffs that Bush put in place to allow the industry some breathing room to "reorganize and consolidate". Tariffs that were ruled illegal by the WTO and lifted "too soon to do any real good" according to "industry analysts". The thing that really boosts my confidence in the Bush re-election prospects time and time again ( Besides seeing John "Imperious and Unappealing" Kerry drop in the polls every time he gets a national audience) is that this guy knows where to expend political capital. He spends it wisely and judiciously. It's great to have a Republican President with an MBA from Harvard that stayed awake during the "cost-benefit analysis" lecture. Posted by: Kerry Is Unelectable on June 1, 2004 02:04 PM
heh, the Blue Oyster Cult cowbell segment on SNL was the best ever, i even went to the trouble of finding a copy of it online. *tuk* *tuk* *tuk* *tuk* *tuk* Posted by: tom on June 1, 2004 02:21 PM
Cowbell's the kinda thing that there's just too little of........ Posted by: Senator PhilABuster on June 1, 2004 04:06 PM
So many people still think the economy is bad, it is incredibly frustrating. And then there are the people who will cling to pessimism because it serves their agenda. True anecdote, happened to me last week; You won't believe what she said. She said, "Well with the economy the way it is, people are struggling to take care of their children." I stared at her as if her head had transformed into a wheel of cheese. I said, "The ECONOMY? You think the economy made this guy abandon his kid??" Well I listened to her nonsense briefly and changed the subject. She was an ancient hippie trying to push stealth politics by me and I wasn't having it. Can you believe that crap?? Still get mad, especially when I see that the networks are embargoing the good news. Posted by: lauraw on June 1, 2004 05:18 PM
Y'know, if by some weird chance I'm ever an absolute dictator, (yeah right) I won't ask for much. Hell, I'll let ya do any damn thing ya want, long as ya don't trample on other people's rights. I just want the privilege of kicking the shit out of aging pacifist hippies without repercussion. Is that too fucking much to ask?! Posted by: Mr. Bowen on June 1, 2004 10:30 PM
It's Marx's theory that everything in society is founded on economics. Whatever is right or wrong in art, history, morality, politics, language, philosophy, science, or anything else, is the direct result of the economic system in place. With a view like that, all bad news must stem from some economic cause. There's no other explanation. Posted by: Smack on June 2, 2004 12:22 AM
I don't know all the nitty gritty details of Marxism; are you saying that it doesn't allow for natural born scumbags? It just assumes the economy creates scumbag behavior? Posted by: lauraw on June 2, 2004 10:15 AM
That's pretty much it, yes. But the economic system is also responsible for everything good. Economics is responsible for everything. His philosophy of history was that economic systems were evolving and would eventually bring mankind to a perfect state where there would be no crime, no hate, no greed, no evil of any kind. And there would be no government--it wouldn't be necessary when man was perfected. Posted by: Smack on June 3, 2004 10:41 PM
See, that's what I love about Capitalism. Human foibles are built right into the equation. Its crudity is its strength. Humans are greedy? We have the system for that. Evolve to a perfect state later when it suits you. Posted by: lauraw on June 4, 2004 12:47 AM
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| The Deplorable Gourmet A Horde-sourced Cookbook [All profits go to charity] Top Headlines
Lost Seventies Mystery Click: The Darkest Song Ever Recorded?
I think Professor of Rock (on YouTube) claimed this song was so upsetting that people used to pull over to the side of the road when it came on the radio. It's about a fatal plane crash, but obviously it suggests a fatal car crash too, which could wig out a driver. It's like one of those nasty 70s anti-war body horror movies. Not for the squeamish. I'm not even going to post the lyrics because they're upsetting too.
Compilation of Naked Gun intros
That theme gets me charged. Compilation of all Police Squad! openings. They're all the same except for the last few seconds where they reveal the Special Guest Star and the title(s).
Pitch Meeting: Amazon's new, terrible War of the Worlds
I don't know why these tech monopolists spend so much money on ripoff/sequel/remake slop. I like popcorn entertainment but is it legally required to be terrible?
Lost 90s Mystery Click: College Radio Edition
Well you look fantastic in your cast-off casket At least the thing still runs This nine to five bullshit don't let you forget Whose suicide you're on. Also: You wax poetic about things pathetic As long as you look so cute Believe these hills are starting to roll Believe these stars are starting to shoot ![]()
Forgotten 80s Mystery Click: Garrett's Favorite Band Edition
Everybody wants you Everybody wants your love I'd just like to make you mine, all mine
Baylor Coach Dave Aranda Apologizes for 'Ableism' After Using the Word 'Midget'
Well, he is also disabled...he is a eunuch [CBD] I'm frankly surprised the title is 107 Days. I would have thought it would be:
Soft weak poop from the early 80s Mystery Click
I never liked this song, but it is memorable. In a weak, annoying way. The kid's in shock up and down the block The folks are home playing beat the clock Down at the golden cup They set the young ones up Under the neon light Selling day for night It's alright Nobody rides for free (nobody, nobody) Nobody gets it like they want it to be (nobody, nobody) Nobody hands you any guarantee (nobody, nobody) Nobody
Flashback: UCLA allows terror-supporting thugs to set up and maintain checkpoints to keep Jews out of campus buildings
More video of the anti-Jewish checkpoints A major university allowed this and defended this.
Earthquake off Russian coast sends tsunami waves towards Hawaii:
Nick Sortor Coastal evacuation ordered in Honolulu Warnings for the California coast as well. Impact expected at 12:15
Former CIA operative John Kiriakou talks with Matt Taibbi about the Brennan/Comey Coup
Both guys are old liberals, maybe even of the far-left variety, and both are appalled by the Democrat/Deep State coup against the US. Kiriakou says that CIA officers were legally obligated to report to the Inspector General John Brennan's repeated overruling of actual intelligence to encode his partisan conspiracy theories into US intel product, but of course they didn't. Recent Comments
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Thanksgivingmanship: How to Deal With Your Spoiled Stupid Leftist Adultbrat Relatives Who Have Spent Three Months Reading Slate and Vox Learning How to Deal With You You're Fired! Donald Trump Grills the 2004 Democrat Candidates and Operatives on Their Election Loss Bizarrely I had a perfect Donald Trump voice going in 2004 and then literally never used it again, even when he was running for president. A Eulogy In Advance for Former Lincoln Project Associate and Noted Twitter Pestilence Tom Nichols Special Guest Blogger Rich "Psycho" Giamboni: If You Touch My Sandwich One More Time, I Will Fvcking Kill You Special Guest Blogger Rich "Psycho" Giamboni: I Must Eat Jim Acosta Special Guest Blogger Tom Friedman: We Need to Talk About What My Egyptian Cab Driver Told Me About Globalization Shortly Before He Began to Murder Me Special Guest Blogger Bernard Henri-Levy: I rise in defense of my very good friend Dominique Strauss-Kahn Note: Later events actually proved Dominique Strauss-Kahn completely innocent. The piece is still funny though -- if you pretend, for five minutes, that he was guilty. The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Michael Moore Goes on Lunchtime Manhattan Death-Spree Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility The Dowd-O-Matic! The Donkey ("The Raven" parody) Archives
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