Archive for June 7th, 2013

Why the uproar about the phone and internet surveillance?

June 7, 2013

Yesterday it was revealed that the Feds are routinely gathering and mining  “metadata” on all phone calls and trolling through emails and other Internet content.

Ostensibly they’re just on the look out for terrorists …  that’s a good thing.

I think most folks would agree.

But many folks are in an uproar over the matter.

Why?

For starters, a lot of folks don’t trust the Feds much anymore.

According to Gallup, less than 1 in 5 Americans say that they trust the Federal government

… over 80% only trust the Federal government some of the time or never.

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And, those numbers are before accounting for:

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Nums: Gallup says unemployment rate to go up …

June 7, 2013

The BLS numbers get reported at 8:30 this morning.

I always reference Gallup as an indicator.

For May, Gallup’s seasonally adjusted U.S. unemployment rate was 8.2%up .4% from 7.8% in April.

 

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My bet: weak jobs growth ( probably 125,000) … but BLS will find a way to keep the official unemployment rate constant at 7.5%

 

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