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Thread: Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month

  1. #1

    Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month

    http://www.zerohedge.com/news/2016-1...6000-one-month

    o much for that much anticipated rebound in the participation rate.

    After it had managed to post a modest increase in the early part of the year, hitting the highest level in one year in March at 63%, the disenchantment with working has returned, and the labor force participation rate had flatlined for the next few month, ultimately dropping in November to 62.7%, just shy of its 35 year low of 62.4% hit last October. This can be seen in the surge of Americans who are no longer in the labor force, who spiked by 446,000 in November, hitting an all time high of 95.1 million.



    ...
    Full article and references on link. Where's Zippy?
    Last edited by DamianTV; 12-03-2016 at 09:36 AM.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.



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  3. #2
    Yes, but according to the Department of Labor BLS , all those people not working are not really unemployed people so the unemployment rate is great!

    And don't forget all those people jumping from part-time or low level job to job just to survive, is in reality new job creations, so new job creation is through the roof.

    Remember, reality doesn't matter. For the Department of Labor its all about how you define and calculate the "statistics". Everything is awesome!
    "Let it not be said that we did nothing." - Dr. Ron Paul. "Stand up for what you believe in, even if you are standing alone." - Sophie Magdalena Scholl
    "War is the health of the State." - Randolph Bourne "Freedom is the answer. ... Now, what's the question?" - Ernie Hancock.

  4. #3
    Quote Originally Posted by AZJoe View Post
    Yes, but according to the Department of Labor BLS , all those people not working are not really unemployed people so the unemployment rate is great!

    And don't forget all those people jumping from part-time or low level job to job just to survive, is in reality new job creations, so new job creation is through the roof.

    Remember, reality doesn't matter. For the Department of Labor its all about how you define and calculate the "statistics". Everything is awesome!
    I owe you a +Rep for pointing out methods of manipulation!

    There is a big difference between a production management job and having to go to a Temp Agency every day for jobs that may or may not be there. If we think we can rest nearly the entire weight of our financial future on Temp Jobs alone, then Canada is eventually going to want to have the US build a wall and pay for it to stop all the Illegal Immigration from the US crossing into Canada!
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  5. #4
    This is the time of year it should improve .
    Do something Danke

  6. #5
    In before Zippy's chart.
    #NashvilleStrong

    “I’m a doctor. That’s a baby.”~~~Dr. Manny Sethi

  7. #6
    Labor Force Participation Rate:
    November 2016: 62.7%
    November 2015: 62.5%

    http://data.bls.gov/timeseries/LNS11300000

  8. #7
    Quote Originally Posted by Zippyjuan View Post
    Labor Force Participation Rate:
    November 2016: 62.7%
    November 2015: 62.5%

    http://data.bls.gov/timeseries/LNS11300000

    Zippy finally shows up and presents a strong evidence refuting OP claim.
    What ..... Not really? November 2013 was 63%... What the heck am I paying this guy for?
    Does he think I am an idiot? I want his contract terminated immediately!

  9. #8
    How the hell does this country even function with numbers like this...? It baffles me! I show my fellow co-workers such stories as well and they are equally as baffled.

    I guess my co-workers and I are just makers, and can't comprehend being takers... I'm pretty vindictive at this point when people just get state benefits. It isn't like it used to be when if someone truly needs aid. I work at a car wash. And I see people come through the wash with a 2016 car with a welfare card in their wallet when they give me their card or cash. Everyone just games to system as they please, and those of us that are principled get punished via taxation.

    I seethe we rage when I see the person in front of me pay for their goods at WaWa with their EBT card while I work my ass off for what I have and would rather live in a dumpster than take money from others via the state. But I guess in this day and age people have no dignity or care for their fellow man or care where their income comes from. "Gimme gimme" is our Nation's current creed.



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  11. #9
    How does it function?

    Very cheap oil/gas as the result of the USD reserve status with the oil trade as it's largest backing (Saudi petro-dollar deal).

    A lot of Americans don't seem to understand just how cheap their oil/gas is compared to just about everyone else in the world and how it has made wealth creation incredibly easy.

    At the moment, it's powering and financing the war/welfare state in America.
    Quote Originally Posted by Jingles View Post
    How the hell does this country even function with numbers like this...? It baffles me! I show my fellow co-workers such stories as well and they are equally as baffled.

    I guess my co-workers and I are just makers, and can't comprehend being takers... I'm pretty vindictive at this point when people just get state benefits. It isn't like it used to be when if someone truly needs aid. I work at a car wash. And I see people come through the wash with a 2016 car with a welfare card in their wallet when they give me their card or cash. Everyone just games to system as they please, and those of us that are principled get punished via taxation.

    I seethe we rage when I see the person in front of me pay for their goods at WaWa with their EBT card while I work my ass off for what I have and would rather live in a dumpster than take money from others via the state. But I guess in this day and age people have no dignity or care for their fellow man or care where their income comes from. "Gimme gimme" is our Nation's current creed.
    "Like an army falling, one by one by one" - Linkin Park

  12. #10
    Sepaphim... I see that you quoted me, but I didn't really understand why? Did I relate to a point you made, but didn't see that connection or did you like what I said, etc...?
    Last edited by Jingles; 12-03-2016 at 10:56 PM.

  13. #11
    Quote Originally Posted by Zippyjuan View Post
    Labor Force Participation Rate:
    November 2016: 62.7%
    November 2015: 62.5%

    http://data.bls.gov/timeseries/LNS11300000
    I really wouldnt call temporary christmas work a stable career.
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  14. #12
    Some of it is demographics though, isn't it?

    If we look at the participation drop since the highs in December 2006 while adjusting for the ageing effect on participation, you'd get 3.7 million workers who are "willing" to work but cannot find work. So that would make the unemployment rate 8.1%.

  15. #13
    Quick rough numbers. Labor force participation rate November, 2006: 66.3%. Labor force participation rate November 2016: 62.7%. Net change: 3.6 percentage points.

    US labor force has grown since 2006 so I am picking a middle year of 2012 and labor force of 155 million. http://data.bls.gov/pdq/SurveyOutput...me=LN_cpsbref1 That is about 5.6 million left he workforce.

    So why do people leave the labor force? For one, we have been having an average of 10,000 a day retiring which is three million a month or 3.6 million a year leaving the labor force by retiring. http://www.pewresearch.org/daily-num...oomers-retire/ Times ten years- 36 million retired. We do have those turning 18 and entering the labor force for the first time offsetting some of that.

    http://www.bls.gov/opub/btn/volume-4...ey-working.htm

    In 2014, 87.4 million people 16 years and older neither worked nor looked for work at any time during the year. (See table 1.) Of this group, 38.5 million people reported retirement as the main reason for not working. About 16.3 million people were ill or had a disability, and 16.0 million were attending school. Another 13.5 million people cited home responsibilities as the main reason for not working in 2014, and 3.1 million individuals gave “other reasons.”
    The percentage of the population 16 to 19 years that was not in the labor force increased from 51.5 percent in 2004 to 64.7 percent in 2014. (See chart 3.) In both years, teenagers cited school attendance most often as the main reason for not working. The proportion of the teenage population that did not work at all during the year because of school attendance rose from 46.1 percent in 2004 to 59.5 percent in 2014. Notably, while the proportion of teenagers who reported school attendance as a reason for not working rose by about 13 percentage points, the percentage of teenagers enrolled in school edged up by 1 percentage point (from 73.6 percent to 74.6 percent).
    From 2004 to 2014, the percentage of the population 20 to 24 years that was not in the labor force increased from 21.4 percent to 27.3 percent. (See chart 4.) Like teenagers, most young adults cited school attendance as the main reason for not working. The share of the population 20 to 24 years that did not work because of school attendance increased from 11.3 percent in 2004 to 17.5 percent in 2014. As was the case with teenagers, the proportion of young adults enrolled in school also rose from 32.1 percent in 2004 to 34.8 percent in 2014. In both years, young adults were more likely than teenagers to report home responsibilities or illness or disability as the main reason for not working.

  16. #14
    http://www.bls.gov/web/empsit/cpseea38.htm Figures for November 2016

    Persons Not In the Labor Force: 95 million

    Do Not Want A Job Now: 89.6 million

    Want A Job: 5.3 million

    Want one But Did Not Look For One in the Last Year: three million (do you really want one if you haven't bothered to look in a year?)

    Available for Work Right Now: 1.9 million (two percent of those not currently in the labor force)

    Discouraged over Job Prospects: 590,000 (0.62% of those not in the labor force)
    Last edited by Zippyjuan; 12-04-2016 at 04:46 AM.

  17. #15
    Quote Originally Posted by Zippyjuan View Post
    Discouraged over Job Prospects: 590,000
    Are you one of those?

  18. #16
    Quote Originally Posted by Jingles View Post
    How the hell does this country even function with numbers like this...? It baffles me! I show my fellow co-workers such stories as well and they are equally as baffled.

    I guess my co-workers and I are just makers, and can't comprehend being takers... I'm pretty vindictive at this point when people just get state benefits. It isn't like it used to be when if someone truly needs aid. I work at a car wash. And I see people come through the wash with a 2016 car with a welfare card in their wallet when they give me their card or cash. Everyone just games to system as they please, and those of us that are principled get punished via taxation.

    I seethe we rage when I see the person in front of me pay for their goods at WaWa with their EBT card while I work my ass off for what I have and would rather live in a dumpster than take money from others via the state. But I guess in this day and age people have no dignity or care for their fellow man or care where their income comes from. "Gimme gimme" is our Nation's current creed.
    I used to know someone who went from "libertarian" to left wing welfare recipient. The stories about welfare and public housing people having very nice vehicles were rampant. Same with the stories of EBT purchases of steak, lobster, sushi and the most expensive items at a grocery store. And sometimes they do laugh at people who work.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.



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  20. #17
    The govt can hide a lot of this stuff with massaged, subjective statistics. One statistic it can't hide is in the debt. We require over a trillion in borrowing to keep our economy going. Not to mention 0% interest plus 1/2 trillion a year trade deficits. Imagine a business bragging about how great they were doing, how much they were selling, etc. And they have lots of charts that they generated to back it up. And then you find out they're bleeding red ink more than any business in history. Which narrative would you believe?

  21. #18
    Quote Originally Posted by Madison320 View Post
    The govt can hide a lot of this stuff with massaged, subjective statistics. One statistic it can't hide is in the debt. We require over a trillion in borrowing to keep our economy going. Not to mention 0% interest plus 1/2 trillion a year trade deficits. Imagine a business bragging about how great they were doing, how much they were selling, etc. And they have lots of charts that they generated to back it up. And then you find out they're bleeding red ink more than any business in history. Which narrative would you believe?
    Depends where your paycheck is coming from.

  22. #19
    Quote Originally Posted by Brian4Liberty View Post
    I used to know someone who went from "libertarian" to left wing welfare recipient. The stories about welfare and public housing people having very nice vehicles were rampant. Same with the stories of EBT purchases of steak, lobster, sushi and the most expensive items at a grocery store. And sometimes they do laugh at people who work.
    That is the very reason why Socialism fails entirely!

    Many people have an imagined concept where Socialism fails because it focuses purely on negative reinforcement of ones behaviors as it appears "oppressive". However, the opposite is also quite true. Socialism offers far too much positive reinforcement for people to not work and instead just live at the expense of others. I believe the positive reinforcement which causes Socialism to fail is the real reason Socialism is so dangerous. It destroys all incentive for honest men and women to put forth any effort when they see the fruits of their labors taken from them and given to those who do not produce. Being denied opportunity to open a new honest business is one thing as those people will continue to try other ways to grow as they see fit, but when they are allowed to produce, then have all that they have produced taken from them by force and given to leeches and parasites, both at the top and the bottom, the honest man will be far more inclined to just "give up" and do just like everyone else is doing, live better by having government take by force from those that do produce.

    "Government is the great fiction by which everyone tries to live at the expense of everyone else."
    1776 > 1984

    The FAILURE of the United States Government to operate and maintain an
    Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.

    The Elimination of Privacy is the Architecture of Genocide

    Belief, Money, and Violence are the three ways all people are controlled

    Quote Originally Posted by Zippyjuan View Post
    Our central bank is not privately owned.

  23. #20
    Quote Originally Posted by Brian4Liberty View Post
    I used to know someone who went from "libertarian" to left wing welfare recipient. The stories about welfare and public housing people having very nice vehicles were rampant. Same with the stories of EBT purchases of steak, lobster, sushi and the most expensive items at a grocery store. And sometimes they do laugh at people who work.
    Firstly, I would argue that the mass proportion of welfare programs are run at the state level. If there are problems going on, blame your state government. There are plenty of nations with incredibly strong safety nets that don't seem to be plagued by this kind of abuse.

    Moreover, the stats really don't bear out in the stories. The one large welfare program that exists on a continual basis is housing. Medicaid is for healthcare, unemployment/welfare is on a time-limited basis, food stamps are at a very small level....sure there are things like EITC, but I don't see how that would connect with EBT.

    Quote Originally Posted by Madison320 View Post
    The govt can hide a lot of this stuff with massaged, subjective statistics. One statistic it can't hide is in the debt. We require over a trillion in borrowing to keep our economy going. Not to mention 0% interest plus 1/2 trillion a year trade deficits. Imagine a business bragging about how great they were doing, how much they were selling, etc. And they have lots of charts that they generated to back it up. And then you find out they're bleeding red ink more than any business in history. Which narrative would you believe?
    No, it really can't. The government is audited half a hundred times by other independent organizations, who look at the numbers and verify as need be.

    Moreover, the government is not a business or a household. It controls the currency. It can finance itself.

    Government debt represents private savings. It means the government is adding private savings to the economy; that is a good thing.

  24. #21
    Quote Originally Posted by Dr.No. View Post
    Firstly, I would argue that the mass proportion of welfare programs are run at the state level. If there are problems going on, blame your state government. There are plenty of nations with incredibly strong safety nets that don't seem to be plagued by this kind of abuse.

    Moreover, the stats really don't bear out in the stories. The one large welfare program that exists on a continual basis is housing. Medicaid is for healthcare, unemployment/welfare is on a time-limited basis, food stamps are at a very small level....sure there are things like EITC, but I don't see how that would connect with EBT.



    No, it really can't. The government is audited half a hundred times by other independent organizations, who look at the numbers and verify as need be.

    Moreover, the government is not a business or a household. It controls the currency. It can finance itself.

    Government debt represents private savings. It means the government is adding private savings to the economy; that is a good thing.
    Dr.No. is off the scale

  25. #22
    "Government debt represents private savings. It means the government is adding private savings to the economy; that is a good thing."

    oh, well fire up the printing press!
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


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  26. #23
    Quote Originally Posted by Danke View Post
    "Government debt represents private savings. It means the government is adding private savings to the economy; that is a good thing."

    oh, well fire up the printing press!
    If you run too big a deficit, you'll get runaway inflation.

    I'm not sure what is so complicated about this. There are only two ways for the domestic private sector to gain financial wealth: from the foreign sector, or from the government sector. Given that we are running a trade deficit in the the triple-digit-billions, if the domestic private sector wants to net gain financial wealth, the government has to run a deficit.

  27. #24
    Quote Originally Posted by Brian4Liberty View Post
    I used to know someone who went from "libertarian" to left wing welfare recipient. The stories about welfare and public housing people having very nice vehicles were rampant. Same with the stories of EBT purchases of steak, lobster, sushi and the most expensive items at a grocery store. And sometimes they do laugh at people who work.
    The "rampant stories" are just that- stories. EBT gives you a certain amount a month. If you spend it on steak and lobster it doesn't last very long. http://nymag.com/daily/intelligencer...-lives-on.html If they are driving fancy cars, they are probably engaged in illegal activities.

    The ‘Steak and Lobster’ Food-Stamp Myth Refuses to Die

    The concept of the food-stamp queen was first proffered by Ronald Reagan during a 1976 campaign speech. “In Chicago, they found a woman who holds the record,” he told the assembled crowd. “She used 80 names, 30 addresses, 15 telephone numbers to collect food stamps, Social Security, veterans’ benefits for four nonexistent deceased veteran husbands, as well as welfare. Her tax-free cash income alone has been running $150,000 a year.” Reagan’s story turned out to be a gross exaggeration of a minor case of welfare fraud, but since their patron saint conjured her up, conservatives have been unable to rid themselves of the image of the food-stamp queen. And despite her nonexistence, they’ve tried over and over again to stamp her out.

    Their latest attempt takes the form of a bill introduced by New York senator Patty Ritchie designed to keep people from using New York’s Supplemental Nutrition Assistance Program to buy things like expensive steaks, lobster, decorated cakes, or energy drinks. “The goal of this legislation is to improve dietary quality and reduce obesity,” as well as to “restrict the abuse of the program,” reads the bill’s memo.

    Even if it passes the Democratic-controlled senate, the bill is unlikely to accomplish either goal. According to a 2007 report by the U.S. Department of Agriculture, “no evidence exists which indicates that food stamp benefits directly contribute to poor food choices and negative dietary outcomes, such as obesity.” The majority of food-stamp recipients still buy a portion of their food with their own money, with which they can make as many unrestricted choices as they want.

    The Republican fear of “abuse” of food stamps to purchase “luxury items” is founded on a decades-old and highly unrealistic stigma. Last April, when Missouri politicians introduced a similar bill, Representative Rick Brattin told the Washington Post, “I have seen people purchasing filet mignons and crab legs with their EBT [Electronic Benefit Transfer] cards. When I can’t afford it on my pay, I don’t want people on the taxpayer’s dime to.” Similar outrage flared up in Kansas when a bill was introduced to limit “a long list of items, including alcohol, cigarettes, concert tickets, theme park tickets, or cruises,” and in Wisconsin, where another aimed to strike “crab, lobster, shrimp, and any other shell fish” from the list of available foods. Yet in studies of the diets of people on food stamps, they’re shown to eat less seafood than the rest of us, and about the same amount of beef. (How they would buy cruise tickets with their benefits is unclear.)

    “It’s seeking to legislate urban myths in our society,” Milwaukee representative Evan Goyke told WSAU when Wisconsin’s bill was in the spotlight. “Forty-one percent of the people who receive food stamps are under the age of 18, and the next largest chunk are the elderly. And they’re not eating lobster; they’re struggling to get by.”
    How much do you get? http://www.cbpp.org/research/a-quick...y-and-benefits

    Table 1 shows the maximum SNAP benefit levels in fiscal year 2017 for households of different sizes. Take as an example a family of three: if that family had no income, it would receive the maximum benefit of $511 per month; if it had $600 in net monthly income, it would receive the maximum benefit ($511) minus 30 percent of its net income (30 percent of $600 is $180), or $331. On average, SNAP households currently receive about $255 a month. The average SNAP benefit per person is about $126 per month, which works out to about $1.40 per person per meal.[8]
    Last edited by Zippyjuan; 12-05-2016 at 03:17 PM.



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  29. #25
    Quote Originally Posted by Zippyjuan View Post
    EBT gives you a certain amount a month. If you spend it on steak and lobster it doesn't last very long. http://nymag.com/daily/intelligencer...-lives-on.html



    How much do you get? http://www.cbpp.org/research/a-quick...y-and-benefits
    As the great Ronald Reagan said, facts are stubborn things.

  30. #26
    Quote Originally Posted by Zippyjuan View Post
    The "rampant stories" are just that- stories. EBT gives you a certain amount a month. If you spend it on steak and lobster it doesn't last very long.
    Well thank you Captain Obvious. And I have witnessed people use EBT this way personally, it's not just some story told by mean Republicans. Not everyone, but it is happening on daily basis. What it indicates is that they are abusing the system, and it's just fun money for them. Per month statistics are meaningless to people who don't plan ahead. They will blow it in a week and beg for the rest of the month. Or they go to a charity and eat free meals or get groceries.

    Don't worry, your precious government programs are in little danger of losing funds.
    "Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
    "Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
    "Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
    "Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul

    Proponent of real science.
    The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.

  31. #27
    Ask people on food stamps if it is just "fun money" for them. Most would rather not have to rely on them to eat- and as shown, it doesn't pay much. Yes some abuse the system- that is true of everything. And benefits are not necessarily restricted to members of any one party.

    http://www.pewresearch.org/fact-tank...mp-recipients/

    While politically, congressional Republicans have focused on reducing spending on federal entitlement programs, the Pew Research survey found the U.S. to be “a “bipartisan nation of beneficiaries.”

    The survey found that significant proportions of Democrats (60%) and Republicans (52%) say they have benefited from a major entitlement program at some point in their lives. So have nearly equal shares of self-identifying conservatives (57%), liberals (53%) and moderates (53%). The programs were Social Security, Medicare, Medicaid, welfare, unemployment benefits and food stamps.
    Last edited by Zippyjuan; 12-05-2016 at 05:02 PM.

  32. #28
    Interesting chart:

    Here's the thing, though. There's literally no link between the population of people on food stamps in a state and how that state votes. We pulled House data in every state for 2010, 2012 and 2014, averaged the margin of victory for each state and compared it to the percentage of the population on food stamps.

    https://www.washingtonpost.com/news/...=.a5442bb0f325

  33. #29
    Zippy, this is an old data. Why don't you go back to your room and unless you can find some fresh data, stay there for the rest of the night. No computer use either. I know for a fact you are no longer being paid for your services. Your mom.

  34. #30
    Can you share newer data- or just complain?

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