May 23, 2013

WaPo’s Marimow Fails to Reveal 18-month Delay Which Crossed 2012 Election in Unsealing Rosen Warrant Until Judge ‘Apologizes’

One obvious question which occurred to me and I suspect others when I read Ann Marimow’s first account at the Washington Post dated May 19 of the search warrant issued in 2009 for the personal emails of Fox News reporter James Rosen was: “Where has this thing been hiding?”

The “Affadavit for Search Warrant” is dated May 28, 2010. Why did it come out just this week? Marimow didn’t say. More stories followed, still without explanation. It’s not unreasonable to believe that the Post might have sat on knowledge of its existence, and that someone who works at the U.S. Court may have worked to keep it invisible for 18 months after it was supposed to have been unsealed in November 2011.

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Initial Unemployment Claims (052313): 340K SA, Down From Upwardly Revised 363K Last Week; NSA Year-Over-Year Claims Down by 9%

Filed under: Economy,Taxes & Government — Tom @ 6:45 am

Past 52 weeks (link):

UnempClaims52Wksended051013

Predictions for today:

  • Bloomberg — “Other data may show initial claims for jobless benefits dropped last week.” Thanks, guys.
  • CNBC — 345,000 seasonally adjusted claims.

Seasonal adjustment factors:

  • Week ended May 19, 2012 — 89.1
  • Week ended May 18, 2013 — 88.5

Raw claims:

  • Week ended May 19, 2012 — 330.247
  • Week ended May 11, 2013 (before revision) — 318,203

The 345,000 prediction for seasonally adjusted claims will come to pass if reported raw claims (rounded) are 305,000.

That seems pretty hopeful. If raw claims come in at the same number as last week (before revision), the seasonally adjusted number will be a repeat (before it gets almost inevitably revised) of last week’s 360.000.

The Department of Labor’s report will be here at 8:30 a.m.

HERE IT IS (permanent link): It looks like the hope had basis –

SEASONALLY ADJUSTED DATA

In the week ending May 18, the advance figure for seasonally adjusted initial claims was 340,000, a decrease of 23,000 from the previous week’s revised figure of 363,000. The 4-week moving average was 339,500, a decrease of 500 from the previous week’s revised average of 340,000.

… UNADJUSTED DATA

The advance number of actual initial claims under state programs, unadjusted, totaled 301,056 in the week ending May 18, a decrease of 19,767 from the previous week. There were 330,427 initial claims in the comparable week in 2012.

Last week’s bulge was largely caused by a rise of over 15,000 claims in California.

A stabilization at 340K won’t be enough to bring the unemployment rate down by much, if at all.

Thursday Off-Topic (Moderated) Open Thread (052313)

Filed under: Lucid Links — Tom @ 6:05 am

Rules are here. Possible comment fodder follows. Other topics are also fair game.

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Headline which could have been written in 2010, 2011, and 2012:Bernanke says more progress needed before stimulus pullback.” Except that they’re admitting that what Bernanke is doing with his “quantitative easing” is and has been “stimulus” all along.

Also, there’s this: “Big Mood Swing on Wall Street.”

With investors parsing every word uttered by Fed chairman Ben Bernanke Wednesday, as well as those in the latest FOMC minutes, today’s batch of economic stats may take on even more importance than usual.

The markets, and the world’s economy, collectively are more like an intensive care unit than a genuine situation depending on the laws of supply and demand. The health of the patient is almost totally dependent on whether or not the life-support systems are available and fully functioning. Unfortunately, the life support apparatus, despite pretenses to the contrary, has its limits.

Positivity: Venezuelan Church to start year-long campaign against abortion

Filed under: Life-Based News,Positivity,Taxes & Government — Tom @ 6:00 am

From Caracas, Venezuela:

May 20, 2013 / 12:09 pm

A Venezuelan bishop said his country’s 13th annual pro-life campaign will extend for the whole year, aiming to defend life and reject abortion “as the killing of a weak and defenseless human being.”

In a statement sent to CNA, Bishop Rafael Conde Alfonzo recalled that for several years the Week for Life has begun on March 25.

However, this year it was postponed because the date fell on Monday of Holy Week and because of political controversy following former president Hugo Chavez’s recent death.

Bishop Conde Alfonzo, who serves as president of the Venezuelan bishops’ committee on Family and Childhood, said an international campaign exists to impose abortion locally under the pretext that it is a woman’s right.

These organizations do not like the Church’s position in support of the unborn and would prefer the Church adapt herself “to the different trends they are seeking to impose and thus contravene basic principles that are not only religious, but in many cases simply humane,” he said.

However, the “Church’s defense of life is based on the teachings of the Lord, who said that he had come that we might have life and have it in abundance,” Bishop Conde Alfonzo emphasized.

“This statement of Jesus shows us that life is a gift from God…For this reason, it is a contradiction to consider the extinguishing of a life that has just begun as a right. God is the only author of life and He alone has power over it.” …

Go here for the rest of the story.