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Is California Already In Recession?

By Political Calculations When it comes to the health of his state's economy, California Governor Jerry Brown has been walking on eggshells this year. Twice each year, once in January and again in May, Gov. Jerry Brown warns Californians that the economic prosperity their state has enjoyed in recent years won't last forever.   Brown […]


Near Record 5.6 Million Americans Were Hired In October, Most In Over 16 Years

After a burst of record high job openings which started in June and eased modestly in August, today’s October JOLTS report  – Janet Yellen’s favorite labor market indicator – showed a sharp drop in job openings across most categories now that hurricane distortions have cleared out of the system, with the total number dropping from […]


HAIRY SITUATION: Rep Al Green (D-TX) Had Sex With Drugged Out Staffer – Then Sued Her For Blackmail

Content originally published at iBankCoin.com One of the strongest voices advocating for a Trump impeachment, Al Green (D-TX), reportedly had sex with a drug-addicted employee in 2008, then sued her when she threatened to go public with claims of a hostile work environment and sexual harassment – stating at the time he “will not be extorted or blackmailed.” […]


Rep Al Green (D-TX) Reportedly Had Sex With Drugged Out Staffer – Then Sued Her For Blackmail

Content originally published at iBankCoin.com One of the strongest voices advocating for a Trump impeachment, Al Green (D-TX), reportedly had sex with a drug-addicted employee in 2008, then sued her when she threatened to go public with claims of a hostile work environment and sexual harassment – stating at the time he “will not be extorted or blackmailed.” […]


Another Woman Accused Conyers Of Sexual Harrassment

Update: In a lawsuit unearthed by Buzzfeed, a second woman accused Conyers of sexual harassment, but later abandoned efforts to hold him accountable. According to Buzzfeed, a former scheduler for the Democrat said she faced daily harassment from the congressman in a suit she later dropped after a court denied her request to keep it […]


Congress Discloses Complete Number, Amount Of Harassment Settlements In Past 20 Years

While it’s not surprising that 2007 – the year when spirits were high, housing prices had just hit a record and the financial bubble was about to burst but not yet- was a “swinging one” on the Hill, with a whopping 25 sexual harassment settlements, the most in the past 20 years, we wonder what […]


Congressmen Will Now Receive Mandatory Sexual Harassment Training

Looks like Congress needs a visit from the sexual harassment Panda… Joking aside, House Speaker Paul Ryan announced Tuesday that there will be a new mandatory anti-harassment and discrimination training for all House members and staff. Ryan’s announcement followed the revelation, made by Rep. Jackie Speier, that the House has paid out $15 million in […]


“Hotbed For Racist Behavior”: 100 Tesla Employees File Lawsuit Alleging “Severe And Pervasive Harassment”

Poor Elon Musk just can’t catch a break.  After admitting that Tesla hasn’t yet figured out how to weld (a fairly critical task for auto OEMs), blowing through Model 3 production deadlines (which probably had something to do with rumors that ‘the most advanced auto OEM in the world” was making components by hand), and […]


Female Corrections Officers Sue Cook County Over “Masturbating Inmates”

In a story that brings to mind one grotesque yet memorable scene from the classic thriller “Silence of the Lambs”, three female corrections officers in Cook County have filed a lawsuit claiming that Sheriff Tom Dart has ignored their complaints about grossly inappropriate behavior by male inmates who “brazenly masturbate” in front of female guards, […]


Complaint Alleges SEC Watchdog Retaliated Against Whistleblowers

Who blows the whistle on the whistleblowers? Nobody – if they can help it. In yet another example of big-government hypocrisy allegedly committed by an office meant to hold other government employees accountable, the Wall Street Journal is reporting that the watchdog for the Securities and Exchange Commission has himself become the subject of complaints […]


Rev. Jesse Jackson Accused Of Sexual Harassment

Noted civil rights activist and political hack Rev. Jesse Jackson has been accused of sexual harassment by a journalist who says the Chicago community organizer once grabbed her thigh and made a crude comment. In a post for “The Root,” writer Danielle Young accused Jackson of making “unwanted” advances and comments during a photo-op following […]


JOLTS: Hiring Slides To Lowest In 6 Months As Job Openings Remain Near All Time High

After a burst of record high job openings which started in June and eased modestly in August, today’s September JOLTS report  – Janet Yellen’s favorite labor market indicator – showed another modest increase in job openings across most categories in the hurricane-affected month, with the total number rising fractionally 6.090MM to 6.093MM, above the 6.091MM […]


Where The October Jobs Were: Record Waiters And Bartenders

Following last month’s sharply upward revised jobs report, whose initial negative print of -33,000 was since revised to a positive 18K, there was a sharp jump in October jobs, which while failing to meet consensus estimate of a +310K print, was still a solid +261K. But which jobs contributed the most? The answer, not surprising, […]


Goldman: “Short-Term Unemployment Is At Levels Not Seen Outside Of Major Wartime Mobilizations”

When it comes to the US labor market, it’s a tale of two extremes according to a recent report by Goldman Sachs. At one end, the rate of short-term unemployment, defined as those unemployed fewer than 15 weeks, is lower than at any point since the Korean War and is already 0.4% below the bottom […]


Initial Jobless Claims Crash To Lowest Since 1973

So much for the hurricane distortions of the US labor market… Just a few short weeks after initial unemployment claims jumped in the aftermath of Hurricanes Harvey and Irma, in the latest week the DOL reported that filings for unemployment benefits tumbled to the lowest level in 45 years, or since 1973, as all those […]