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Art Cashin Explains Why Several Hundred Thousand Jobs Are About To "Vaporize"

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Tue, 31 Jan 12 9:43 PM | 35 view(s)
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Submitted by Tyler Durden on 01/31/2012 - 11:05 Art Cashin BLS Bureau of Labor Statistics MF Global

Two days ago we learned that when MF Global goes bankrupt, billions in cash can just "vaporize" (no, really - see here, and of course, in the passive voice. can't say something like Jon Corzine vaporized $1.2+ billion in client money now can we). Next we have Art Cashin explain why it is that the US economy is about to see several hundred thousand jobs "vaporize" as well. Perhaps "vaporize" should be the motto of the current Administration: confidence "vaporized", hope "vaporized", and "evaporation" you can believe in, as it condenses on the teleprompter...


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http://www.zerohedge.com/news/art-cashin-explains-why-several-hundred-thousand-jobs-are-about-vaporize




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