Payrolls Plunge To 88K, Biggest Miss Since Dec 2009, Part Rate At New 30 yr low

Yeah, well RCG trader works the graveyard shift as a nurse in peoria, and has a 1 dollar forex account, out of which he makes money every single day, clearly he has you beat.

Quote from Tsing Tao:

Great, I'll start. This is to counter your idiot statement that I know "nothing about running a business". It is not to brag, though I am proud of my accomplishments.

I was a partner in a martial arts affiliation that had three dojos. The affiliation actually had more than 3 schools, but they were owned by other individuals. We had over 500 students, 12 instructors and three locations. I ran the books. I sold my piece (because I was moving to Russia after accepting a position in my day job) I took a GM spot in a large CPG company as country manager for Russia and the former Soviet republics (Latvia, Belarus, Estonia, etc). While it was indeed a position working for another company, I had full P+L exposure responsibility. All decisions down to EBITA were mine, and some below EBITA were also mine (like tax and royalties).

I now advise a construction company that has 36 employees out of Miami and am the Regional Finance Director of a large multi national, with 2.4 Billion in sales on my P+L, of which I am the lead finance responsibility on a team of 5. Again, down to EBITA. The only normal finance function we do not cover in-house is payroll and benefits administration. But I've done both of those in spades, as well as being part of a PeopleSoft implementation team that designed those processes for a Swiss Pharmaceutical company with over 30 Billion in swiss francs.

That's my business credentials. I've skipped a bit, but just focused on the highlights. Now you go, please. I am assuming you have unsurpassed business knowledge if you find you can take shots at me for lack of business experience.
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Quote from Max E. Pad:

Yeah, well RCG trader works the graveyard shift as a nurse in peoria, and has a 1 dollar forex account, out of which he makes money every single day, clearly he has you beat.
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Correction, he lost most of that $1. :D
 
Quote from RCG Trader:

A snippet in a 20 year career, Jeeves.
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Third shift janitor and you are at the pinnacle of your career! Tsk tsk.
 
Quote from jem:

I have run small businesses since the mid 90s.
I owned a trading business with 10 to 15 traders.
Currently I own two small businesses.

A typical small business like mine is mostly hurt by the increase in taxes and the decrease in buying power of a dollar. (which is also a massive tax.)

But, we are all about to get completely hammered as the cost of our health care plans is apparently slated to almost double. Which is going to be a big problem for small businesses owners. Since most only have 1 to 5 employees.
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But it's still better than the alternative isn't it? I'm lucky as shit to work as little as I do and make what I make. Granted it took me a long damn time to finally get it figured out, but life is good. I could get a job in a cubicle or run jobs for a large construction company and make about the same plus perks, but I couldn't have as much fun as I do now and they would make me earn my money and I'd have to have a boss.
 
Quote from bigarrow:

But it's still better than the alternative isn't it? I'm lucky as shit to work as little as I do and make what I make. Granted it took me a long damn time to finally get it figured out, but life is good. I could get a job in a cubicle or run jobs for a large construction company and make about the same plus perks, but I couldn't have as much fun as I do now and they would make me earn my money and I'd have to have a boss.
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Yes I love the ability to do what ever I want unless I have set an appt. I still put in a lot of time but its on my terms.

Now, I have to get my trading to make money for me again.

Note I just took a small investment back from a fund. I was speaking with the owner. He was just told his health insurance is going up 30% this year and that many people are about to be told their small plan insurance is going up 50 to 100%. I heard that last week from a client... This week from a small hedge fund.

Its going to be very ugly.
 
Quote from jem:

...He was just told his health insurance is going up 30% this year and that many people are about to be told there small plan insurance is going up 50 to 100%. I heard that last week from a client... This week from a small hedge fund.

Its going to be very ugly.
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"Good job Mr President"


I can't even imagine the dept of ignorance and stupidity it takes for someone to actually have believed Obamacare was going to improve our health care system let alone lower costs.
 
Quote from Lucrum:

"Good job Mr President"


I can't even imagine the dept of ignorance and stupidity it takes for someone to actually have believed Obamacare was going to improve our health care system let alone lower costs.
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Its funny the hedge fund guy was buying into the they did it on purpose...

I said bullshit... the insurance companies did it.
I said if the democrats wanted single payer and not to serve their masters they could have passed it. It passed without any republican votes.

The fund guy... shut up. He realized he had been duped by revisionist leftist garbage.
 
I misspelled depth.


Quote from jem:

...It passed without any republican votes.

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How could anyone NOT know this? Willful ignorance maybe?
 
Liberals just can't accept the fact that they were completely screwed by democrats.
They figure it must have been the Republicans fault.

I will be very surprised if this gets turned into single payer. i dont think pelosi and reid have the balls to piss off their masters.
 
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