Bleak U.S. job market boosts military recruitment

Mar 2009
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There has to be a certain amoung of irony in this. More military recruitment as a result of large unemployment. Ha! That should be a good selling tool for getting more troops for Afghanistan.
Aided by a bleak job market, the U.S. military met all of its recruitment goals in the past year for the first time since it became an all-volunteer force in 1973, the Pentagon said on Tuesday.
Military services have been stretched thin by conflicts in Afghanistan and Iraq, giving added weight to recruitment efforts as President Barack Obama considers sending another 40,000 U.S. troops to Afghanistan next year.
The United States already has 67,000 troops in Afghanistan and about 119,000 in Iraq.
Pentagon officials said recruitment gains were fueled by the deepest U.S. recession since the Great Depression and an unemployment rate nearing 10 percent.
"For the first time since the advent of the all-volunteer force, all of the military components, active and reserve, met their number as well as their quality goals," said Bill Carr, deputy undersecretary of defense for military personnel policy.
The U.S. Army, Navy, Marine Corps and Air Force sent a total of about 169,000 active duty recruits to training in the 2009 fiscal year that ended on September 30, beating their 164,000-member goal, the Pentagon said.
National guard and reserve forces sent about 128,000 recruits to training, beating their goal.
Source: http://news.yahoo.com/s/nm/us_milit...VjA3luX3RvcF9zdG9yaWVzBHNsawNibGVha3Vzam9ibWE-
 
Apr 2009
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Disunited Queendom
All this is because of the crushing unemployment and the inaction of Government to alleviate it. The workers naturally go to where there is demand for their labour. The only jobs available that give job security and a decent pension is in murdering people overseas.
 
Jul 2009
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Port St. Lucie
Now if they'd be so kind to lower their health standards so I can get in... Seriously, 30 minuets with a laser and my problems are solved yet I'm always rejected when I try to join. It's maddening! :mad:
 
Mar 2009
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Undisclosed
All this is because of the crushing unemployment and the inaction of Government to alleviate it. The workers naturally go to where there is demand for their labour. The only jobs available that give job security and a decent pension is in murdering people overseas.

They do much more than "murdering people". I don't think every person killed is murdered. But some think killing anyone for any reason is murder. I am just not one of those people. As a God believing person I need to work on that not killing part harder everyday. Because the longer I live the more people I see that really need someone to kill them. That is the only way to stop them.:(
 
Apr 2009
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Disunited Queendom
They do much more than "murdering people".

That's true. They also bring medical aid to needy people and such like. That i approve of.

I don't think every person killed is murdered. But some think killing anyone for any reason is murder.

I agree with you. They're quite wrong. Sometimes it's manslaughter.
 
Mar 2009
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What I can't understand is the stock exchange seems to be booming again. Could it be that companies who have laid off workers are not rehiring, even when profits are up? I just can't figure out how it is working.
 
Mar 2009
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Undisclosed
What I can't understand is the stock exchange seems to be booming again. Could it be that companies who have laid off workers are not rehiring, even when profits are up? I just can't figure out how it is working.

Seems like the stock market loves a big down sizing. And so many of them just run on emotion. They can go up or down on rumors.
 
Mar 2009
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Seems like the stock market loves a big down sizing. And so many of them just run on emotion. They can go up or down on rumors.
I think I have a greater understanding for it after reading an article in the New York Times on Bailout Helps Fuel a New Era of Wall Street Wealth :
Many Americans wonder how this can possibly be. How can some banks be prospering so soon after a financial collapse, even as legions of people worry about losing their jobs and their homes?

It may come as a surprise that one of the most powerful forces driving the resurgence on Wall Street is not the banks but Washington. Many of the steps that policy makers took last year to stabilize the financial system ? reducing interest rates to near zero, bolstering big banks with taxpayer money, guaranteeing billions of dollars of financial institutions? debts ? helped set the stage for this new era of Wall Street wealth.

Titans like Goldman Sachs and JPMorgan Chase are making fortunes in hot areas like trading stocks and bonds, rather than in the ho-hum business of lending people money. They also are profiting by taking risks that weaker rivals are unable or unwilling to shoulder ? a benefit of less competition after the failure of some investment firms last year.

So even as big banks fight efforts in Congress to subject their industry to greater regulation ? and to impose some restrictions on executive pay ? Wall Street has Washington to thank in part for its latest bonanza.
?All of this is facilitated by the Federal Reserve and the government, who really want financial institutions to get back to lending,? said Gary Richardson, a research fellow at the National Bureau of Economic Research. ?But we have just shown them that they can have the most frightening things happen to them, and we will throw trillions of dollars to protect them. I have big concerns about that.?
 
Mar 2009
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Now isn't that special!:mad:
I came across a quote last night that really made an impression on me, especially since it was by one of the Founding Fathers hundreds of years ago:

I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. Thomas Jefferson , (Attributed)
3rd president of US (1743 - 1826)

Source: http://www.quotationspage.com/quote/37700.html
 
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