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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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ANOTHER LEFT WING ASSASSIN ATTEMPTS TO KILL TRUMP
If I understand this, the left-wing Democrat assassin attempted to get into the White House Correspondents Association dinner, and was stopped at the magnetometers, which detected his gun. I guess he pulled out the gun and was shot by Secret Service agents. Erika Kirk was present.
Forgotten 70s Mystery Click
You made me cry when you said good-bye 70s, not 50s Now that is a motherflipping intro
NYT Melts Down Over Texas Rangers Statue Outside... Texas Rangers' Stadium
"The Athletic posted a lengthy article about a statue outside Globe Life Field, presenting a virtue-signaling moral grievance as unbiased news coverage." [CBD]
Important Message from Recent Convert to Christianity and Yet Super-Serious Christian Tuq'r Qarlson: Actually Muslims love Jesus, it's Trump and his neocons who hate him
Tucker Carlson Network Trump's trolling tweet was ill-advised, but Tucker is just lying when he claims the Christianity-hating President of Iran was "offended" by this. He's one step away from announcing his official conversion to Islam. He literally never stops praising Islam. Well, he suddenly became Christian two years ago, there's not much stopping him from converting again. You can track Tuq'r's official conversion to Islam with this Bingo card.
People say that the bearded man in the video of Fartwell molesting a hooker looks like Democrat Arizona Senator Rueben Gallego, said to be Swalwell's "best friend" and known to take vacations with him.
@KFILE 21m So the campaign is collapsing due to the truth of the sexual harassment allegations. That hissing sound you hear is the air going out of the Swalwell campaign. UPDATE: No it wasn't, it was just Swalwell one-cheek-sneaking out a fart on camera Eric Swalwell more like Eric Farewell amirite thanks to weft-cut loop.
This is the dumbest AI bullslop I've seen in a while: the CIA can use "quantum magnetometry" to track an individual man's heartbeat from twelve miles away
I wouldn't click on it, it's not interesting, it's just stupid clickslop. I just want to share my annoyance with you.
Oil prices plunge on bizarre realization that Eric Swalwell may actually be straight. A rapey molester, allegedly, but a straight one.
Classic Rock Mystery Click
This is super-obscure and I only barely remember it. Given that, I'll give you the hint that it's by the Red Rocker. And I guess you think you've got it made Oh, but then, you never were afraid Of anything that you've left behind Oh, but it's alright with me now 'Cause I'll get back up somehow And with a little luck, yes, I'm bound to win Now twenty people will tell me it's not obscure, it was huge in their hometown and played at their prom. That's how it usually goes. When I linked Donnie Iris's "Love is Like a Rock," everyone said they knew that one and that his other song (which I didn't know at all) Ah Leah! was huge in their area. 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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