60 Behind-the-Scenes Photos of November at the White House

Your Daily Snapshot for Monday, December 10, 2012   60 Behind-the-Scenes Photos of November at the White House White House photographers are hard at work every day capturing some incredible moments for history, and every month we release a photo gallery that takes you behind the scenes – giving you an inside look at the President and what keeps him busy. Check out our November gallery, including photos from President Obama's trip to Asia, his tour of Hurricane Sandy storm damage in New Jersey, and the White House holiday press preview. Check out our behind-the-scenes gallery from November: In Case You Missed It Here are some of the top stories from the White House blog: The White House Joins Pinterest On Saturday, the White House joined millions of pinners around the country with an official presence on Pinterest, a virtual pinboard sharing site. Weekly Address: Congress Must Extend the Middle Class Tax Cuts President Obama urges Congress to extend the middle class income tax cuts for 98 percent of Americans and 97 percent of small businesses without delay. Delivering Results and Saving Lives with New Vaccines Tanzania is rolling out two new vaccines that protect against the world’s biggest childhood killers - pneumonia and diarrhea. Together these diseases account for nearly one third of child deaths in low-income countries. Today's Schedule All times are Eastern Standard Time (EST). 9:45 AM: The President and the Vice President receive the Presidential Daily Briefing 10:50 AM: The President departs the White House en route Joint Base Andrews 11:05 AM: The President departs Joint Base Andrews 12:30 PM: The President arrives Michigan 1:35 PM: The President tours Daimler Detroit Diesel plant 2:00 PM: The President delivers remarks 2:55 PM: The President departs Michigan 4:15 PM: The President arrives Joint Base Andrews 4:30 PM: The President arrives the White House  Indicates that the event will be live-streamed on WhiteHouse.gov/Live Get Updates Sign up for the Daily Snapshot Stay Connected     Facebook Twitter YouTube Flickr Google+     This email was sent to e0nstar1.blog@gmail.com Manage Subscriptions for e0nstar1.blog@gmail.com Sign Up for Updates from the White House Unsubscribe | Privacy Policy Please do not reply to this email. Contact the White House The White House • 1600 Pennsylvania Ave NW • Washington, DC 20500 • 202-456-1111

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Seth's Blog : Industrialism and the death of agency

 

Industrialism and the death of agency

Agency is the ability to make a decision, and to be responsible for the decision you make.

Since there have been armies, society has made an exception for soldiers. A soldier following orders is not a murderer, as he doesn't have agency--society doesn't generally want its soldiers questioning orders from our generals.

But the industrial age has taken this absolution to ever-higher heights. Every worker in every job is given a pass, because he's just doing his job. The cigarette marketer or the foreman in the low-wage sweatshop... they're just doing their jobs.

This free pass is something that makes the industrial economy so attractive to many people. They've been raised to want someone else to be responsible for the what and the how, and they'd just like a job, thanks very much.

As the industrial company sputters and fades, there's a fork in the road. In one direction lies the opportunity to regain agency, to take responsibility for ever more of our actions and their effects. In the other direction is the race to the bottom, and the dehumanizing process of more compliance, a cog in an uncaring system.

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Mish's Global Economic Trend Analysis

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Gallup Poll Visualizes Effect of Obamacare Posted: 09 Dec 2012 08:47 PM PST Gallup's seasonally adjusted unemployment rate is 8.3% for November, up nearly one percentage-point over October's rate. Gallup's underemployment jumped from 15.9% to 17.2%. The Gallup survey, which polls approximately 30,000 people monthly, was radically different from the BLS report  that came out a day later. Please consider the Gallup economic report U.S. Unadjusted Unemployment Shoots Back Up. U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup's seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October's rate. Underemployment, as measured without seasonal adjustment, was 17.2% in November, a 1.3-point increase since the end of October. The uptick in November also puts an end to the six-month trend of improvements or no change. Still, underemployment has improved 0.9 points since November 2011. Gallup's U.S. underemployment measure combines the percentage who are unemployed with the percentage of those working part time but looking for full-time work. Gallup does not apply a seasonal adjustment to underemployment. The increase in underemployment is the result of an increase in the number of people unemployed as well as the number of people working part time but wanting full time work, which rose to 9.4% in November from 8.9% in October. The number of workers wanting full-time positions generally increases during the holiday season as more people take on part-time seasonal work. Compared with this time last year, the percentage of workers desiring additional work is down a modest three-tenths of a point. Obamacare Responsible? Gallup did not offer reasons for this shift but I suspect two. Large numbers of part-time workers were hired as a direct result of Obamacare in September and October. Additional seasonal workers were hired early. For more on Obamacare and the effect on jobs, please see October 9: Is Obamacare Responsible for the Surge in Part-Time Jobs? October 10: Prepping for Obamacare, Olive Garden and Red Lobster Cut Workers' Hours; Are Other Companies Doing the same? Tip Sharing Lowers Minimum Wage; Like One, Like All? October 20: Mish Obamacare Mailbag: Expect More Part-Time Jobs Note the sudden huge divergence between Gallup and the BLS. The Obamacare theory, even if correct, still fails to explain that divergence. In the BLS report, the labor force magically shrunk by 350,000 artificially lowering the unemployment rate. No such thing happened in the Gallup survey for the unemployment rate to blast .9 percentage points higher. Regardless of "why", if the latest Gallup survey is correct, expect to see jumps in the BLS unemployment rate in the coming months. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

Gallup Reports Upper-Income Spending Worst November Ever Posted: 09 Dec 2012 09:53 AM PST With the generally upbeat spending reports on black Friday and cyber-Monday, Gallup paints a different point of view in its most recent poll that shows U.S. Consumer Spending Holds Steady, Consistent With 2011 Americans' self-reported daily spending averaged $73 in November, essentially on par with September and October. It is also similar to the $71 Americans spent last November and slightly higher compared with November 2010 and 2009 -- but still much lower than in November 2008. November 2012 vs. November Prior Years U.S. Upper-Income Spending Sees Worst November on Record Upper-income Americans' (defined as those making at least $90,000 per year) self-reported daily spending was lower this November -- an average of $113 -- than in any November dating back to 2008. Upper-income spending has been trending downward since September, although the decline has not been large enough to drag down the overall spending figures. Lower-income Americans' spending in November -- an average of $61 -- is on par with the $60 they spent last November. Lower-income spending is generally quite stable from month to month and has been holding steady since March. Bottom Line Although November marks the beginning of the holiday season -- generally a time for spending and splurging -- Americans did not spend any more than usual this November, and upper-income Americans appear to be spending less than usual. Americans' self-reported spending in November is on par with November 2011, matching Gallup's finding that Americans predict they will spend about as much on holiday gifts this year as they did last year. Note that both charts paint a different picture of holiday spending in the recovery. Spending levels did not recover to pre-recession levels, at least as reported in Gallup surveys.What consumers actually spend vs. what they report to Gallup might not be the same thing. Mike "Mish" Shedlock http://globaleconomicanalysis.blogspot.com Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.

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Seth's Blog : Beggars can't be choosers

 

Beggars can't be choosers

If you'd rather be a chooser, enter a market or a transaction where you have something to trade, something of value, something to offer that's difficult to get everywhere else. 

If all you have is the desire to get picked, that's not sufficient.

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