Quote from: RE on Aug 05, 2024, 12:19 AMQuote from: K-Dog on Aug 04, 2024, 10:04 PMIf you take the speaker at his word he understands that capitalism will price oil $1.00 above the price that would cause a recession. Priced at this level oil produces the most profit.
U.S. Oil and Gas Drilling Activity Slows Amidst Price Plunge
The recession signs are all flashing RED now and we''ll almost certainly be in full blown recession by the end of the year. Main question is whether they can keep it papered over until after the election.
RE
Sharp slowdown in US job growth boosts unemployment rate to 4.3% => Nonfarm payrolls increased by 114,000 jobs last month, well below the 215,000 jobs per month added over the last 12 months, and the at least 200,000 that economists say are needed to keep up with growth in the population, accounting for the recent surge in immigration.

At the end of June, U.S. Citizenship and Immigration Services (USCIS) notified Temporary Protected Status (TPS) beneficiaries from El Salvador, Honduras, Nepal, Nicaragua, and Sudan that the validity period for their work permits (employment authorization documents, or EADs) would be automatically extended through March 9, 2025. USCIS also extended through August 3, 2025, the validity period of EADs issued to Haitian TPS beneficiaries. These automatic extensions follow the extension by U.S. Department of Homeland Security (DHS) of the re-registration periods of the TPS designations for these same countries from 60 days to the full 18-month designation period at the end of 2023.
Beneficiaries are normally required to re-register for TPS status for the most recent designation extension for each designated country. The Immigration and Nationality Act (INA), however, only permits the Secretary of Homeland Security to designate a country for TPS for a period no longer than 18 months.
USCIS officials revealed at a recent stakeholder engagement that DHS extended the validity of their documents in part because of a low rate of re-registrations from these countries. Almost 50 percent of the eligible El Salvador, Honduras, Nepal, Nicaragua, and Sudan TPS beneficiaries have failed to re-register for TPS for their current respective designation periods.
Eligible applicants may see no reason to pay the fees associated with re-registration given the current administration's nearly non-existent interior enforcement policies.
Welcome to the Wild Wild West.
- In March 2021, President Joe Biden tasked Vice President Kamala Harris with working alongside officials in Guatemala, El Salvador and Honduras to address the issues driving people to leave those countries and come to the United States.
- The Biden-Harris administration said it would focus on five key issues: economic insecurity, corruption, human rights, criminal gang violence and gender-based violence.
- Border security and management is the Homeland Security secretary's responsibility.
* I put only the most ridiculous in bold. If you immigrate illegally to become part of the American reserve army of labor make sure there is no gender based violence in your caravan. Armed robbers should also shoot men and women in equal numbers.
Unemployment is up by two tenths of a percent last month. The border is wide open and you can put the two words 'incompetent' and 'fascist' together any way you wish to describe all our election choices. Collapse is in the wind.
It is time to walk away from Omelas and find a better way.
QuoteKeep it papered over until after the election.
I doubt it, but the snow job has been effective so far so we shall see.
* Recent headlines:
Two Jordanian nationals in ICE custody over breach at Quantico Marine base: Possible 'ISIS dry run'
Multiple sources saying the truck's occupants had recently crossed the southern border into the US and one occupant was on the US government's terrorist watch list. Another source I found says one of this dynamic duo was on an expired student visa, and the other came in using Mr. Toads wild ride across the Mexican Border.
Chinese national detained after breaking onto Marine base in California
And who are we to know? When 'it' happens it could be another false flag.
https://cis.org/National-Security-Vetting-Failures-Database