March 08, 2004

Larry Kudlow Lies Again (Why Does Anybody Read National Review Class?)

Ah. Larry Kudlow lies again at National Review:

Larry Kudlow on Jobs & Economy on NRO Financial: There continues to be much debate and confusion about the importance of this household survey, from which the unemployment rate is determined, and the corporate payroll survey, which is rising but at a slower-than-hoped-for pace. Economists have traditionally focused on the unemployment rate as a measure of economic health. But in this political season the softer payroll survey has received the lion's share of coverage.

Virtually no one cites the increase in the entrepreneurial army of self-employed and independent contractors who have gone to work at lower tax rates, enabling them to keep more of what they earn. This is why the unemployment rate quickly fell from 6.3 percent when the Bush tax cuts were implemented last spring to 5.6 percent today. The media is trying to discredit this drop as it is scored in the more promising household survey, rather than the more pessimistic payroll tally.

Let me see... June, 2003 household survey estimate of self-employed workers: 9,258,000... February 2004 estimate of self-employed workers: 9,498,000... Difference... 240,000... Difference as a percentage of the labor force: 0.17%... Fall in unemployment rate: 0.7%--four times as much.

We all know that the main reason the unemployment rate has fallen in the household is not because of the "increase in the entrepreneurial army of self-employed and independent contractors" but because of the decline in the share of the adult population that is in the labor force. There is no debate or confusion about the relative reliability of the household and payroll surveys--and Kudlow lies when he pretends that there is. The payroll survey is not softer, but harder. There is no large increase in the entrepreneurial army of the self-employed. But Larry Kudlow and his editors at National Review believe that they should keep plugging away as long as they can mislead one reader about the state of the labor market.

Or, as John Irons puts it:

ArgMax Economics Weblog: The Quickest Way to Discard Credibility: I used to say that the quickest way to throw one's credibility out the door on economic matters was to call oneself a "supply-side economist."

I think I have to modify my theory. I now think a faster way to show that you have lost all credibility and that you never intend to be taken seriously ever again is to claim that either 1) the household survey is a better measure of employment than the payroll survey, or 2) that "economists disagree" about which survey should be used. The payroll survey is better, and it is what everyone uses - there is as much disagreement on this as there is on the question of whether or not the earth is round.

Would these people really be running around talking about the weaknesses of the payroll survey if for some reason it showed job growth? I don't think so.

Larry Kudlow is both a supply sider and a "believer" in the household survey. Posted by DeLong at March 8, 2004 03:52 PM | TrackBack | | Other weblogs commenting on this post

Comments

"Larry Kudlow is both a supply sider and a "believer" in the household survey".

Not to mention a coke-addled chuckle head!

Posted by: SW on March 8, 2004 04:00 PM

____

wasn't he the only guy who signed your pledge?

Posted by: praktike on March 8, 2004 04:02 PM

____

When I saw that the household survey suggested an employment decline and the only reason the unemployment rate stayed the same was a lower reported labor supply, I was wondering what NRO would do. Buzzcharts presents the unemployment rate as the only important labor stat why Kudlow gets even more creative. After all dishonesty trumps ignoring the facts any day when Rich Lowry is the editor.

Posted by: Harold McClure on March 8, 2004 04:18 PM

____

Larry Kudlow is not only a supply sider he truly misses the "good old days" also no as feudalism.

Posted by: Ron in Portland on March 8, 2004 04:22 PM

____

Family net worth at a record $44.4 billion as of 12/31/2003. Gee that a 4.9% increase over the level on 12/31/1999. In real per capita terms? But then Kudlow is spinning that most of the people who want to work already have jobs. Gee, I'd love it if Bush-Cheney ran on this platform this year. Kerry in a landslide.

Posted by: Harold McClure on March 8, 2004 04:23 PM

____

"Nixon was the worst economic president of the last 30 years, of either party."

This exhausts the sum and total of what I agree with Larry Kudlow about in the realm of economics.

Posted by: Stirling Newberry on March 8, 2004 04:30 PM

____

Kudlow was filling in for Bob Brinker on MoneyTalk this weekend. Bob's a conservative guy and I disagree with him in the fairly rare instances when he speaks to the politics. But he gives solid if not particularly sophisticated advice to his listeners on how to save, invest, and deal with tax issues. Importantly, Bob's advice is non-ideological, at least to my ear. He spends most of his time on how to optimize in the world as it is, not the world as he would like it to be.

With Kudlow on this weekend, people were asking, as the usually do, about the attractiveness of Gold, stocks, mutual funds, and so forth. Kudlow addressed everything by saying how great the tax cuts are, that the deficit wasn't a big deal, that there was a surge in entrepreneurship and thus no jobs problem, and so on. So, in the most recent weekend, all the MoneyTalk callers and listeners got advice based on conserviative ideology and pipe dreams.

On the other hand, Kudlow did speak eloquently about free trade. On the third hand, he's also ignorant. When a caller asked about FTAA, Kudlow said "what's that?"; the caller says something about free trade and latin america; Kudlow says "Oh, you mean NAFTA." To the extent he gave any advice for which the merit depends on, say, exchange rates, trade deficits, and so on, Kudlow was basically speaking out of his ass.

I'm pretty dissappointed in Brinker for bringing this clown on.

AB

Posted by: Angry Bear on March 8, 2004 04:39 PM

____

You have to admit that for 400 million in campaign contributions, Bush has doled out at least 2.5 Trillion in tax breaks for the wealthy.

You can't beat that ROI in this economy.

Posted by: Stirling Newberry on March 8, 2004 05:46 PM

____

Flap away, folks. It's only March. The slow growth of the payroll employment number is the last arrow in the Democratic economic quiver.

94.4 percent of the labor force has a job. Who will they vote for and why?

Posted by: tbrosz on March 8, 2004 06:16 PM

____

94.4 percent of the labor force has a job. Who will they vote for and why?

Okay, good point--people without jobs are not the majority--even if you actually counted people who've stopped drawing unemployment, who've stopped looking, who *say* they are self-employed because that's easier than admitting that you're not likely to ever find a job again, or even the increasing number of young people old enough to vote who aren't counted because they are losing what would have been their first dead-end job to an increasing number of older, better educated people, desperate for any sort of income.

All the same, does anyone imagine that the majority of people who currently have a job feel confident that they are going to keep it, confident that they could if they wanted find better job, confident that whatever job they have or are likely to have will ever really support a family, confident that if they get sick or are injured, that they can both afford healthcare and keep their job, confident that they have, in fact any future but a crushing, discouraging and not even very slow grind to the bottom of the economic food chain?

I have a job, and it actually pays pretty well, but I have zero confidence that I'll have it this time next year. I also have zero confidence that I'll ever find another one like it because the competition--from people who've already lost their jobs and who've been doing what I do even longer than I have--is growing larger every day.

So I know how I'm going to vote...and I think thre's a lot of other people with jobs who'll vote with me on this one...

Posted by: scylla on March 8, 2004 06:46 PM

____

Not that I like to pick on tbrosz, because in his defense he is probably the most thoughtful of the conservatarians who post here, and his arguments are much harder to debunk than the average.

However, I would like to point out that there was a discussion over at Calpundit the other day when he was ranting about how the household survey was just as good as the payroll survey. When asked about what he thought the difference between the two was, he said he had no idea why there was a discrepancy. Just a tad ingenuous, wouldn't you say?

Posted by: non economist on March 8, 2004 07:02 PM

____

I believe that most of us who have jobs feel that we have them despite George Bush's economic policies, not because of them. The notion that because the unemployed are in the minority, people will vote for the current occupant is really beneath the intellect of anyone who has the ability to type in a comment here.

Posted by: SW on March 8, 2004 07:04 PM

____

"94.4 percent of the labor force has a job. Who will they vote for and why?"

Most will vote their political leaning. Those who gained a job or got a better job might vote for GWB if they believe their improvement is due to the economic stimulus package. Those who lost their job or had to take a paycut or a less attractive job might blame the president for it too and vote for JK this time. Now looking at employment numbers three years back and today, how will this affect the elections and why?

Posted by: ogmb on March 8, 2004 07:08 PM

____

"the entrepreneurial army of self-employed and independent contractors who have gone to work at lower tax rates..."

Is that supply-side speak for "gone to work at half their previous income"?

Throsz:
That logic didn't work for George I, why would it work for George II?

Posted by: flory on March 8, 2004 07:12 PM

____

tbosz is not interpreting the numbers correctly. The participation rate out of the potential labor force is down around 60%. Yes if you take the 5.6% of people that are ACTIVELY LOOKING for a job and SUBTRACT FROM 100%, you get 94.4%. NOT CORRECT. Take the 5.6% of people that are ACTIVELY LOOKING for a job add to that the PEOPLE THAT WANT A JOB BUT HAVE GIVEN UP, add to that the people THAT ARE CURRENTLY WORKING BUT UNDEREMPLOYED and add to that the number of people that are working MULTIPLE PART TIME JOBS, and the current employment as a percentage of "FULL EMPLOYMENT" is far lower than 94.4%. That number is well below 90%.

Then one needs to factor geography. Presidents are elected by electoral votes. Some state such as MI have unemployment far above 5.6%. The 5.6% unemployment figure is misleading enough without tbrosz making unwarrented inferences.

Posted by: bakho on March 8, 2004 07:40 PM

____

The main reason the unemployment rate dropped in January is because the economy is so weak that more and more of the jobless have simply stopped looking for work. As Bloomberg reports, "1.6 million Americans have dropped out of the workforce in the past year" with "the percentage of those working or looking for jobs falling in February to 65.9%, a 16-year low." Last month alone, "588,000 people left the labor force as the economy created just 21,000 jobs, a sixth of the median forecast in a Bloomberg News survey of 65 economists."

Posted by: bakho on March 8, 2004 07:54 PM

____

Now, this is truly an ingenuous question, and might even be taken as rude (though it's really not meant to be), but what the heck: What do all these people who have "dropped out of the work force" do all day? And how do they survive? They don't have jobs, they're not looking for jobs, they're not collecting unemployment. So what are they doing? I don't mean this as a criticism. I'm actually curious about the answer.

Posted by: Steve Carr on March 8, 2004 07:59 PM

____

No, tbrosz isn't interpreting the numbers right because he's looking at absolute numbers instead of deltas. By and large, if your economic position hasn't changed much you're not likely to give the current administration blame or credit. You just base your vote on other considerations.

Posted by: ogmb on March 8, 2004 08:06 PM

____

What do these people do all day? Hustle. Sell drugs. Prostitution. Knock off banks. Collect welfare. Steal things from rich people who got all the tax cuts. Panhandle. Start their own business and lose their shirt. Become a "consultant". Move back in with mom and dad. Sponge off relatives. Go to grad school. Go back to school. Return to stay at home mom or dad. Work under the table, occasionally. Sleep under a bridge. Teens just quit work and hang out on the streets. Take drugs. Get pregnant.

What would you do if you were not working?

Posted by: bakho on March 8, 2004 08:39 PM

____

I think I'd go to the movies and read. Or go back to school. But in all seriousness, have there been any serious studies of people who have dropped out of the work force that would give a sense of what percentage of people do the various things that bakho mentioned? Surely that matters to our understanding of what "dropping out of the workforce" means.

Posted by: Steve Carr on March 8, 2004 08:47 PM

____

Speaking of dropping out of the workforce, Krugman treats the NYTimes readers to the Bush employment projections graph that Brad posted here a month ago.

Posted by: bakho on March 8, 2004 09:44 PM

____

Interesting story on new survey results on small business hiring plans:

http://story.news.yahoo.com/news?tmpl=story&cid=677&e=5&u=/usatoday/fewersmallbusinessesplantohire

Small businesses, the engine of U.S. job creation, are retreating on hiring plans - magnifying the jobless recovery.

The share planning to hire fell to 13% last month in a survey of 567 small firms out Friday. That was down from 17% in January, the National Federation of Independent Business trade group said.

*****
So I guess self-employment is one of the few arrows Bush-style macro advocates have in their quiver. I can't bring myself to call them traditional conservatives.

Actually I think us Bush doubters have many arrows in our quiver. Go through the archives here and look through anne's posts documenting the ways this recovery is weaker than previous ones -and they are not all from EPI either. Besides employment and employment ratio, there is growth in real compendation, real per capita GDP growth, and other measures. Until I see something that refutes those, it seems to me that all the Bush-people have is the relatively low unemployment rate -which is now falling very slowly or not at all. Tell me if you think different tbrosz.

I think bakho missed some options for people who drop out of the work force. There is going from a two (spouse) or three earner (teenager) family to a one earner. And there is early retirement and getting onto some kind of social insurance roll -I guess long term disability is the one I have heard mentioned the most.

He might be right about the kids, unfortunately. Going to school is harder now because no room and costs more. For K-12, less money for after school, sports, clubs, activities. So what is left? Hang out.

It would be nice to see some numbers about where they go. there must be a survey someplace that does that. Where is it? Of course even if we did see numbers, we would still argue, I suppose. The liberals (which include me) would say there are millions of unfortunately people hanging onto unemployment while earbestly looking and looking, and then making dispreferred arrangements to avoid ruin at the end. The conservatives will see moochers milking unemployment for all its worth while doing a minimal pro forma job search and then sitting back and choosing which government honey-pot to stick their fist into when the unemployment gig runs out. When I have needed to hire some temp help over the last year I have seen both kinds, but much more of the former (actually only one definite sighting of the latter).

The bottom line for me is this: who has the better track record for consistently more accurate predictions over the last several years? I have great respect for predicting things that you cannot know yet, and then seeing what turns up.

So that is why I keep pestering Prof D, or those like him, to make more predictions, or at least spin some scenarios. So in a year he will have more ammo, assuming his type of macro-economist has the better theory -and the evidence so far indicates that he does.

So what is up with these mainstream macro guys anyway? No guts no glory. Scenarios, scnenarios, conditional forecasts about the future, now! I have 75% to 90% confidence that if we had mainstream scenarios, in a year I would be jumping all over this blog saying "told you! told you! hahaha!" Those are good enough odds for me to decide who to vote for this fall.

Posted by: jml on March 8, 2004 10:04 PM

____

Steve's ingenious but, honest I think, question deserves a little more attention.
He asks about what it's like to be one of those "unemployed".
Most of us hit this stat like a temperature gauge --not too personal. And so it's natural that, bakho and maybe jml, can cite instances derived from the BLS(?) on how these folks live. Drugs, theft, sponging, panhandling...
A source probably understating the economic reality, but Steve, I don't think, was after this stuff, facts that (usually) anne might supply (eg 1 in 4 blacks between the ages of 16 and 24 is incarcerated).
For some, it is ( and should be more of) a personal issue. We have just been laid off or know of someone who has just lost her job. For more of us it's a looming prospect and unless you've just cashed in your stock options, you are worried that your next job may have less benefits, poorer pay and even less job security.
So what's it like to be unemployed ( underemployed?) Get it straight from the horse's mouth: Ask the panhandlers. Take a food donation to your favourite shelter and see how it's going.
It's probably not well reported in your local newspapers.
Like here.

Posted by: calmo on March 8, 2004 11:51 PM

____

AB, you must have missed the last couple of Brinker's shows. He has been reading O'Neil's and Phillip's books on Bush and has been critical of Administration economic policy. What I wonder is why Kudlow was his stand-in. Bob is off quite a bit but I've never heard anyone but Flannigan fill in. love to have been a fly on that wall.

Posted by: alan aronson on March 9, 2004 12:31 AM

____

calmo accused me of having facts on what happens to those who are long term unemployed.

I state categorically that I have no facts or stats at all, and cannot find them. There must be a longitudinal survey of households that will give some information on this. Sometimes I have the horrid notion that I've heard about one that keeps track of this but have forgotten it.

Everything I've said on this issue is from stuff prof D, or anne, have posted on this blog. For college, I am spend part of my time teaching these people, and I to hire people to work on research projects, so I know a little about this from my own experience. For K-12, it is just my anecdotal experience from friends kids whose school programs are being cut, or who find the fees too steep to continue participating.

But I have no source of facts for this but wish I did. (That was a muted cry for help from any labor macro people visiting this blog.)

Posted by: jml on March 9, 2004 12:58 AM

____

Why isn't Holtz-Eakin as well known as the Kud? I mena, there he goes again, being honest...

http://www.nytimes.com/2004/03/09/politics/09BUDG.html

Republican Members of Congress are finding it necessary to "repudiate" Holtz-Eakin's latest report on trade restrictions - too pro-trade.

Posted by: K Harris on March 9, 2004 04:46 AM

____

If you are unemployed adult family man you live off your assets, worry a lot, work hard at finding a job, and watch you expectations fade away untill you finally get something that is a big step down from where you were.

when I started my own business 17 years ago my son, a high school junior was strongly opposed to the idea. I told him either I will make enough that his college costs would not be a problem or
we would be so poor he would have no problem getting a scholarship. We ended up in the middle, made enough to send him to his college of choice but it was tight and I still have a morgage because of paying kids tutition.

Posted by: spencer on March 9, 2004 06:00 AM

____

You are correct, I left out a biggie, the local food pantry. Demands for services from food pantries has gone through the roof. Did I mention max out your credit card, refinance your house (to live off the assets). Default on your mortgage (Did I mention that the mfg state of IN leads the nation in bankruptcies?). Get a "loan" from your rich uncle. Incarceration rate has not changed, but that is still an option. Soup kitchens. Homeless shelters. Stop paying child support (another biggie). Sell magazine subscriptions. Sell stuff at flea markets. Dumpster diving. It is not pretty.

Seriously, in the US, the safety net contains such large holes that jobs are the only real options. This is why Clinton was so popular. Jobs were plentiful then. Politicians that have never been unemployed or have excessive assets for between jobs don't understand this.

Posted by: bakho on March 9, 2004 06:45 AM

____

"the entrepreneurial army of self-employed and independent contractors who have gone to work at lower tax rates..."

Rabbits for pets or food, anyone?

Posted by: Kosh on March 9, 2004 06:48 AM

____

Charlie Cook, who I usually think of as leaning moderate/Republican has very interesting observations on employment and the Bush "jobs program".

"Americans have never associated tax cuts with job creation, which is one reason why voters have been unimpressed with Bush's efforts to address the jobless problem, as demonstrated in the March 1-3 Associated Press/Ipsos Public Affairs poll that showed that 53 percent of the 771 registered voters sampled disapproved of his handling of the economy, while 45 percent approved. The poll had a 3.5 percent error margin.

Without a significant improvement in the jobs picture between now and November, Bush's re-election hopes will be considerably darker than they are today."

AND

"In December, the CEO of a California-based high tech firm told me that "there is no amount of overtime that we will not pay, there is no level of temporary services that we will not use, there is no level of outsourcing or offshoring that we will not do, in order to prevent us from having to hire one new, permanent worker in the U.S." As I travel around the country, meeting with business leaders, I hear similar, though less succinct thoughts in almost every sector and every part of the country. U.S. wages, health care, and other benefit costs have gotten so high -- and the press by investors for high stock prices is so great -- that the premium is on wringing every last bit of work out of as few employees as possible, to do anything but incur the costs of adding permanent employees."

Is the answer national health care? Maybe Hillary was correct.

http://nationaljournal.com/members/buzz/2004/races/030904.htm

Posted by: bakho on March 9, 2004 06:56 AM

____

More from Charlie Cook:

"The New York Fed study showed that during the twin economic downturns of the mid-1970s, 49 percent of the job losses were cyclical -- or temporary job losses -- such as letting a shift go at the plant. Meanwhile, 51 percent of the job losses were structural, permanent job losses. The study went on to show that during the next downturn -- in 1981 and 1982 -- the percentages were exactly the same, 49 percent were cyclical, 51 percent were structural. The 1991-92 downturn was somewhat different, with only 43 percent of the job losses cyclical, and 57 percent structural.

What about this downturn? A measly 21 percent of the job losses are cyclical ones, while a whopping 79 percent are structural, permanent job losses. Why is this bad? It's bad because we know that it always takes longer to create a brand new job than it takes to call a shift back at the plant."

In summary:
High relative cost of US Workers.
US workers cost more because health care costs more.
US corporations are hiring as last resort, making structural changes as first resort.
Tax cuts are providing the investment dollars to make structural changes.
And the Bush administration is clueless as to why the jobs numbers are so bad.
Bush apologists like Kudlow are delusional. Jobs? Jobs are plentiful!

Posted by: bakho on March 9, 2004 07:23 AM

____

FYI, Bush campaign chairman Marc Racicot climbed on the Household Survey bandwagon this morning in an interview on the Imus show. Unfortunately, Don didn't have a clue as to what he was talking about, so his claim went unchallenged...

Posted by: Mike S. on March 9, 2004 07:47 AM

____

"94.4 percent of the labor force has a job. Who will they vote for and why?"

Tbrosz, are you comment-spamming? I've read that comment 3-4 times here.

No one's been too impressed any of the times, either.

Posted by: Zizka on March 9, 2004 07:59 AM

____

Thanks Mike for stealing my post. But here is a better one. This post, http://www.nationalreview.com/nrof_buzzcharts/bowyer200403050905.asp, on National Review was worst than Kudlow's because this guy is trying to say that the household numbers are correct. I sent him Greenspan's quote concerning payroll vs household. No reply as of yet. Surprise, surprise.

I also wrote that National Review was simply a spin shop, and that they have lost any claim to intellectual integrity.

Posted by: ArtElliot on March 9, 2004 09:03 AM

____

Kudlow takes the "over".

From Martin Huchison:

The optimism before Friday's report was truly startling -- many commentators explained carefully to their readers that actually the consensus estimate for job gains (128,000, according to Thomson FirstCall) was far too conservative, and the real figure would be well over 200,000, signaling the reality of an economy roaring back to life. As Larry Kudlow, chief economist of Bear Stearns wrote in National Review on Thursday: "Before the December and January jobs reports, I took the 'over' in the pre-announcement betting. ... Fearlessly, I'll take the "over" again."

Martin Hutchinson asks: "Gee, Larry, let me know where I can get some of this action. For the 40 months that I have been writing this column, Kudlow has consistently taken the "over" on every economic statistic. On employment, he's been right maybe 3 times."


http://www.upi.com/view.cfm?StoryID=20040305-050436-1180r

Posted by: Kosh on March 9, 2004 01:01 PM

____

Barron's published a study of the household survey several years ago, mentioned by Alan Abelson in his column in the most recent edition.

Abelson notes that the most recent bad employment news did not mention that survey, as it showed a decline of 265000 jobs. He describes the Barron's article as saying that the methodology of the household survey I "shaky, even flaky".

Posted by: Masaccio on March 9, 2004 03:20 PM

____


free hilton paris sex video HERE!!! the best SEX VIDEO MOVIES! Girls get fucked!

beastiality and animal sex stories here. sweet dogs sex,horses sex,pigs fucking,snakes sex, dogs oral job, horses blowjob.

the best tranny site on the net. young transexuals here!

free incest stories, incest sex, mom and son, father and daughter

young lolitas, teens, teens sex, teens sex video

anime porn, cartoon sex, pokemon sex

asian beauties, sweet asian girls get fucked. chinease sex. enjoy them

the best young gays sex. great cocks of the huge gays. gay sex video, gax pics, gay porno adult movies

the best galleries with the best young girls on the net.. sex, sex, sex, sex!

INDIAN SEX WORLD! SWEET INDIAN GIRLS HERE!

young lesbians. lesbian sex. lesbian video, lesbian sex

sweet hot young girls

Posted by: free hilton paris sex video, sex videos, ebony videos on March 14, 2004 04:07 PM

____

ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex
http://ebony-sex.biz

incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories
http://www.inceststories.ws

incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories, incest stories
http://inceststories.ws

interracial sex interracial sex interracial sex interracial sex interracial sex interracial sex interracial sex
http://www.interracial-sex.ws

sex latina
http://www.latina-sex.ws

interracial sex
http://interracial-sex.ws

animal porn
http://animal-porn.ws

latina sex
http://latina-sex.ws

horse sex
http://horse-sex.ws

hand job
http://hand-job.us

incest stories
http://incest-stories.biz

family incest
http://family-incest.us

zoo sex
http://zoo-sex.biz

zoo sex
http://www.zoo-sex.biz

SHEMALES PORTAL the best shemales sites here: SHEMALES SEX. SHEMALE SEX VIDEO, TRANNY SEX, TRANSSEXUALS.
http://shemalesex.biz

Posted by: ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex ebony sex black sex on April 5, 2004 01:00 AM

____

Men are close to one another by nature. They diverge as a result of repeated practice.

Posted by: Sager Danny on May 2, 2004 05:26 PM

____

It's never right to say always, and always wrong to say never.

Posted by: Bauer Carolyn on May 3, 2004 04:20 AM

____

He who gives up freedom for security deserves neither.

Posted by: Blinn Anne Isacowitz on May 20, 2004 03:27 PM

____

The Tao's principle is spontaneity.

Posted by: Seltzer Dan on June 3, 2004 09:45 AM

____

You are free and that is why you are lost.

Posted by: Green Mark on June 30, 2004 08:07 AM

____

http://www.massagelondon.org Massage Therapist Supplies Warehouse Shop Showroom Massage Table Couch Chair

massage london .org massage london .biz massage london .me. uk massage london org. uk london massage .me. uk massage now home .co. uk massage now site .co. uk massage now .co. uk massage now .me. uk massage now .org. uk my massage now .co. uk my massage- now .co. uk i massage .biz i massage .me. uk i massage .org. uk london massage .biz london massage .org massage me.uk massage me .org. uk massage online .me. uk massage online .org. uk my london massage .co. uk my massage .co. uk my massage .me. uk my massage .org. uk back rub .me. uk back rub .org. uk body work .me. uk holistic page .co. uk holistic web .co. uk massage me .biz massage me .info massage thai .co. uk massage therapy .me. uk my website .org. uk my alternative co. uk my body work .co. uk my drug .co. uk my medicine .me. uk my rub .co. uk my thai massage .co. uk my thai massage .org. uk my therapy .me .uk oil massage .co .uk pumper. me. uk pumper .org. uk rub .org. uk rub down .me. uk rub down .org. uk thai massage .org. uk therapist online .co. uk treatment .me. uk tuina .org. uk get massage .co. uk get massage .me. uk get massage .org. uk i want massage .co. uk i want massage .me. uk i want massage .org. uk london therapy .biz london therapy .co. uk london therapy .me. uk massage london home .co. uk massage london online .co. uk massage london page .co. uk massage london shop .co. uk massage london site .co. uk massage london web .co. uk massage london online.co. uk massage london page .co. uk massage london shop .co. uk massage london web .co. uk my massage london .co. uk my massage london co. uk my massage london .me. uk my massage london .org. uk my therapy london .co. uk my therapy london .me. uk my therapy london .org. uk therapeutic massage .me. uk therapy london .me. uk therapy london .org. uk London UK Network Referral http://www.massage london.org Massage Therapist Supplies Warehouse Shop Showroom Massage Table Couch Chair http://www.massage london.biz about your therapist - qualifications, diplomas, certifications http://www.massagelondon.me.uk Massage http://www.massage london.org.uk Therapists Co-operative http://www.backrub.me.uk massage collective http://www.back rub.org.uk massage West London http://www.bodywork.me.uk massage England http://www.get massage.co.uk Central London massage http://www.getmassage.me.uk North London massage http://www.getmassage.org.uk South London massage http://www.holistic page.co.uk East London massage http://www.holistic web.co.uk North West London http://www.i massage.biz South West London massage http://www.imassage.me.uk South East London massage http://www.imassage.org.uk Acton massage http://www.i want massage.co.uk Chiswick massage http://www.iwantmassage.me.uk Ealing massage http://www.iwantmassage.org.uk Hammersmith massage http://www.london massage.biz Fulham massage http://www.london massage.me.uk Shepperds Bush massage http://www.london massage.org Bayswater massage http://www.london massage.org.uk w9 massage http://www.london therapy.biz Nothing Hill massage http://www.london therapy.co.uk http://www.londontherapy.me.uk Holland Park massage http://www.massage london-home.co.uk http://www.massage london online.co.uk Massage Therapist http://www.massage london-online.co.uk w9 massage http://www.massage london page.co.ukGreater London massage http://www.massage london-page.co.uk w1 massage http://www.massage london shop.co.uk w2 massage http://www.massage london-shop.co.uk w3 massage http://www.massage london-site.co.uk http://www.massage london web.co.uk w4 massage http://www.massage london-web.co.uk w5 massage http://www.massage me.biz w6 massage http://www.massage me.info http://www.massageme.me.uk w7 massage http://www.massageme.org.uk w8 massage http://www.massage now.co.uk w10 massage http://www.massagenow.me.uk w11 massage http://www.massagenow.org.uk w12 massage http://www.massagenow-home.co.uk w13 massage http://www.massagenow-site.co.uk w14 massage http://www.massage online.me.uk sw1 massage http://www.massage online.org.uk http://www.massage thai.co.uk sw3 massage http://www.massage therapy.me.uk http://www.my alternative.co.uk sw2 massage http://www.my bodywork.co.uk sw4 massage http://www.my drug.co.uk sw5 massage http://www.my london massage.co.uk sw6 massage http://www.my massage.co.uk sw7 massage http://www.my massage .me.uk sw8 massage http://www.my massage.org.uk sw9 massage http://www.my-massage london.co.uk sw10 http://www.my massage london.co.uk sw11 http://www.my massage london.me.uk sw12 massage http://www.my massage london.org.uk http://www.my massage now.co.uk sw13 massage http://www.my-massage now.co.uk sw14 massage http://www.my medicine.me.uk sw15 massage http://www.my rub.co.uk sw 16 massage http://www.my thai massage.co.uk nw1 massage http://www.my thai massage.org.uk nw2 massage http://www.my therapy.me.uk nw3 massage http://www.my therapy london.co.uk nw4 massage http://www.my therapy london.me.uk nw5 massage http://www.my therapy london.org.uk nw6 massage http://www.my-website.org.uk nw7 massage http://www.oil massage.co.uk nw 8 massage http://www.pumper.me.uk http://www.pumper.org.uk nw9 massage http://www.rub.org.uk http://www.rub down.me.uk nw10 massage http://www.rubdown.org.uk nw11 massage http://www.thai massage.org.uk http://www.therapeutic massage.me.uk http://www.therapist online.co.uk http://www.therapy london.org.uk http://www.treatment.me.uk http://www.tuina.org.uk http://www.uk-biz.co.uk admin@uk-biz.co.uk domain names direct marketing marketing online search engine promotion search engine optimisation web design web development web designer web site design web hosting web promotion web marketing http://www.a america.biz Alternative medicine London http://www.a america.info London health complementary http://www.a america.org London complementary therapies http://www.all america.co.uk holistic London therapy http://www.all america.me.uk healing massage London http://www.all america.org.uk London England massage therapy http://www.america drag.co.uk clothes, clothing, car, motorcar, automobile, race http://www.america drag.com therapeutic massage London http://www.america drug.co.uk London bowen technique http://www.america home.co.uk therapy bodywork London http://www.america-home.co.uk swedish massage London http://www.america now.biz thai massage London http://www.americanow.co.uk chinese massage London http://www.america now.info craniosacral therapy London http://www.americanow.me.uk London UK hawaiian massage http://www.americanow.org.uk massage lomi lomi London http://www.america ok.co.uk Oklahoma http://www.america ok.org manual lymphatic drainage London http://www.america page.co.uk lymphatic massage London http://www.america-page.co.uk massage pulsing London http://www.america-page.com on site chair massage London http://www.america-shop.co.uk office massage London http://www.america-site.com massage table UK http://www.america uk.com London massage couch UK http://www.america web.co.uk massage couch London UK beauty bed http://www.america-web.co.uk massage supplies warehouse London UK http://www.b america.info massage chair uk http://www.b america.net massage table covers London UK http://www.b american.biz massage table store london UK http://www.bamerican.co.uk portable massage tables London UK http://www.b american.info massage tables UK London http://www.b american.org in london,thai massage courses UK http://www.c america.biz US California State business http://www.camerica.info alternative health London http://www.d america.biz alternative cancer treatment London UK http://www.d america.info occupational therapy London http://www.damerica.org therapy equipment london http://www.de america.co.uk indian massage london UK http://www.drag america.co.uk clothes, clothing, car, motorcar, automobile, race http://www.drag america.com http://www.famerica.net http://www.famerica.org famous celebrities in America http://www.f*ck america.org http://www.game rica.biz game, sport, athletic contests, the equipment for a game, wild animals or birds hunted for sport or food, gamble http://www.g america.info http://www.gamerica.net http://www.get america.co.uk aromatherapy massage london http://www.ham erica.biz American Ham USA http://www.hamerica.info Hawaii, the Hawaiian Islands, calling attention, expressing joy http://www.hi america.net http://www.hit america.co.uk encounter America, arrive at America, successful pop record, stroke of good luck http://www.hitamerica.com http://www.hit usa.co.uk massage technique http://www.i america.co.uk massage service London http://www.iamerica.me.uk London holistic medicine http://www.iamerica.org.uk sports massage london http://www.id america.biz US Idaho State, American Identity Identification Card http://www.idamerica.biz http://www.idamerica.info http://www.id america.org massage central london http://www.i love america.biz domain names http://www.iloveamerica.co.uk search engine promotion http://www.iloveamerica.me.uk search engine optimisation http://www.iloveamerica.org.uk web design http://www.i want america.co.uk massage products London UK http://www.jam erica.co.uk American Jam, Jamaican American http://www.kamerica.net http://www.l america.info Latin America, Los Angeles, US Louisiana State http://www.la merica.org alternative health Lodon http://www.love america.co.uk deep tissue massage london http://www.loveamerica.info web development http://www.loveamerica.me.uk web designer http://www.loveamerica.org.uk web site design http://www.ma merica.biz http://www.m america.info http://www.mamerica.net US Massachusetts State http://www.mamerica.org http://www.meamerica.net US Maine, ME Myalgic Encephalomyelitis USA http://www.my-america.co.uk web promotion http://www.namerica.biz North America, name, new http://www.name rica.co.uk http://www.n america.info http://www.no america.co.uk manual lymph drainage London http://www.no usa.co.uk web marketing http://www.nousa.org.uk http://www.oamerica.org http://www.oh america.org US Ohio State http://www.ok america.biz US Oklahoma State http://www.okamerica.info http://www.okamerica.org massage london http://www.ok usa.biz US Oklahoma State http://www.okusa.info http://www.p america.biz US Pennsylvania State http://www.pamerica.info http://www.pa merica.net domain names for sale http://www.qamerica.org top-level websites for sale http://www.ramerica.biz http://www.samerica.biz domain brokers http://www.shit america.com commercial domains http://www.the america.biz lease web pages http://www.theamerica.co.uk website names for sale http://www.the america.me.uk internet websites http://www.theamerica.org business domain http://www.theamerica.org.uk ebusiness domains http://www.the usa.co.uk generic domain names http://www.the-usa.co.uk top-level domain names http://www.theusa.me.uk medical domain names http://www.the-usa.me.uk medical domains http://www.theusa.org.uk professional domain names http://www.the-usa.org.uk professional domains http://www.the yankees.co.uk domain name sellers http://www.uamerica.info international domain names http://www.usa-home.co.uk rent sale houses USA domestic domain names http://www.usa home.me.uk website addresses property mortgage http://www.usa home.org.uk how to buy a domain name http://www.usa ok.biz US Oklahoma State http://www.usaok.org political domain names http://www.usa online.co.uk web names http://www.usa page.co.uk website names http://www.usa-page.co.uk business web pages http://www.usa-page.com business websites http://www.usa-shop.co.uk buy shopping domains http://www.usa-sie.co.uk buying domain names http://www.usa-site.co.uk buying domain sites http://www.usa-web.biz commercial domain names http://www.usa web.co.uk http://www.usa-web.co.uk commercial websites http://www.vamerica.biz US Virginia State, Veterans Administration, Vicar Apostolic, Vice Admiral http://www.vamerica.org http://www.wamerica.biz http://www.wamerica.info US Washington State, West America http://www.wamerica.info http://www.wamerica.net http://www.wamerica.net http://www.wamerica.org web page http://www.xamerica.biz kiss America, vote America, films classified as suitable for adults only http://www.x america.info http://www.yamerica.biz YMCA, YWCA, American Sweet Potato http://www.yamerica.info web page names http://www.yank.org.uk web page sales http://www.yankee.me.uk web pages for sale http://www.yankee.org.uk website domains http://www.zamerica.net http://www.zamerica.org website name http://www.all drugs.co.uk medicines website names http://www.all drugs online.co.uk http://www.b gates.co.uk microsoft b gates web sites for sale http://www.bill gates.org.uk websites for sale http://www.drag.me.uk clothes, clothing, car, motorcar, automobile, race http://www.drag-online.co.uk http://www.drag shop.co.uk http://www.dragweb.co.uk Domain Names-For Sale http://www.g bush.me.uk STUPID CAPITALIST POLITICIAN http://www.george bush.me.uk aol subscription http://www.get aol.co.uk http://www.get google.co.uk google search engine http://www.g-mail.me.uk email account from google free http://www.g-mail.org.uk business on google http://www.google inc.biz google information http://www.google inc.info google UK http://www.google inc.me.uk google network http://www.google inc.net google incorporation http://www.google inc.org google organisation http://www.google inc.org.uk google personal computer sale http://www.google pc.biz buy google pc united kingdom http://www.google pc.co.uk computer sale uk http://www.google pc.info computer information uk http://www.google pc.me.uk http://www.google pc.net http://www.google pc.org http://www.google pc.org.uk http://www.googles.me.uk http://www.googles.org.uk http://www.gooogle.me.uk love uk http://www.ilove.org.uk love shoppping uk http://www.iloveshop.co.uk website designing and promotion http://www.iloveweb.co.uk search yahoo uk http://www.iyahoo.co.uk subscribe to aol search http://www.loveaol.co.uk yahoo uk searching http://www.loveyahoo.co.uk I love yahoo http://www.loveyahoo.com microsoft microsoft uk software http://www.macrosoft.me.uk msn seach uk http://www.msn.me.uk love no love uk http://www.nolove.co.uk me no love http://www.nolove.me.uk http://www.no love.org.uk no love organisation http://www.nosex.me.uk no sex organisation http://www.nosex.org.uk uk is ok http://www.okok.me.uk business in the ukhttp://www.okuk.biz http://www.okuk.info information about the uk info http://www.okuk.org the united kingdom organisation uk http://www.orkut.me.uk private social networking website http://www.orkut.org.uk http://www.pcgoogle.biz http://www.pcgoogle.co.uk PC GOOGLE SALE UK http://www.pc google.info http://www.pcgoogle.me.uk http://www.pcgoogle.org http://www.pcgoogle.org.uk http://www.sexless.me.uk the bill gates uk http://www.the bill gates.co.uk http://www.the bill gates.me.uk I am the bill gates http://www.the google.co.uk the google search engine uk http://www.the uk.biz anarchy in the uk business http://www.the uk.me.uk http://www.the yahoo.co.uk the yahoo serach engine in the uk http://www.uk ok.biz business information in the uk http://www.ukok.info we are aol ISP in the uk http://www.weaol.co.uk use google uk to search the net http://www.we google.co.uk we love the uk http://www.we love.co.uk information ukhttp://www.welove.info http://www.welove.me.uk http://www.welove.org.uk http://www.we love web.co.uk use yahoo to search uk http://www.we yahoo.co.uk sailing yacht uk http://www.yachtie.co.uk http://www.yahooo.me.uk http://www.yahoos.biz I am no 1 on google uk http://www.001.me.uk 1000 domain names uk http://www.1000.me.uk http://www.1111.me.uk http://www.11111.me.uk http://www.11111.org.uk http://www.11a.co.uk count one two three uk http://www.123.me.uk website for sale http://www.12345.org.uk http://www.222.me.uk http://www.222.org.uk webpage for rent http://www.33.org.uk http://www.3a.me.uk site for lease http://www.44.me.uk http://www.444.me.uk website promotion http://www.4444.org.uk http://www.4a.me.uk website optimisation http://www.55.me.uk http://www.55.org.uk website designing http://www.5a.me.uk http://www.5a.org.uk http://www.6666.me.uk http://www.6666.org.uk http://www.6a.me.uk http://www.77.me.uk http://www.7a.me.uk http://www.88.me.uk http://www.8a.me.uk http://www.8a.org.uk http://www.99.me.uk http://www.a3.org.uk http://www.a4.org.uk http://www.a6.me.uk http://www.a6.org.uk http://www.a7.me.uk http://www.a7.org.uk http://www.a8.me.uk http://www.a8.org.uk search engine uk http://www.a9.me.uk http://www.aaaa.org.uk http://www.b11.me.uk http://www.b11.org.uk http://www.b12.me.uk http://www.b12.org.uk http://www.b2.org.uk http://www.b4.me.uk http://www.b4.org.uk cameras http://www.x10.me.uk http://www.x10.org.uk http://www.x11.me.uk http://www.x11.org.uk http://www.x12.me.uk http://www.x12.org.uk http://www.x4.me.uk http://www.x6.me.uk http://www.x7.me.uk http://www.x8.me.uk http://www.x9.me.uk http://www.z14.co.uk http://www.z15.co.uk http://www.z2.me.uk htttp://www.z3.me.uk http://www.z4.me.uk http://www.z9.me.uk buy sell mobile phone uk nokia http://www.mobile phone sites.co.uk free digital mobile phones salehttp://www.health-resources.co.uk health resources uk http://www.world socialism.org revolutionary socialism uk http://www.world socialism.com socialist organisation http://www.world socialism.tv spgb socialist party of great britain http://www.world socialist movement.org anticapitalism uk http://www.world socialist movement.com anticapitalist organisation uk http://www.spgb.org future socialist society http://www.world socialist party.org marxism uk http://www.world socialist party.net socialist party http://www.world socialism.info world socialist movement Domain Names-For Sale http://www.inventors uk.biz inventors in the UK http://www.america sex.biz adult business in america http://www.america sex.co.uk erotics in the uk http://www.america sex.me.uk adult services in Lodon England UK http://www.america sex.org.uk american escort http://www.bumerica.com bum made in america the usa http://www.bum erican.com I don't like I hate, adult services in the United States of America the USA http://www.fuck america.org american sex website for sale UK http://www.sex america.co.uk colon cleansing in America the USA http://www.shit america.com no sex http://www.sex less.me.uk england London UK

http://www.all sex.co.uk all sexes the UK http://www.alls ex.me.uk love website UK england http://www.e love.me.uk erotic website http://www.e love.org.uk sex sells in the UK London http://www.e sex.me.uk love site http://www.e sex.org.uk sex shop england UK http://www.e sex shop.me.uk website sex shopping UK http://www.e sexs hop.org.uk sex shop organisation uk http://www.get love.biz love site business http://www.get love.co.uk e love UK http://www.get love.me.uk rent a love web site http://www.get love.org.uk website promotion http://www.get sex-online.co.uk adult industry website UK http://www.get sex.co.uk eroticism UK site http://www.get sex.me.uk get sensual exitement site http://www.get sex.org.uk website optimisation and promotiuon UK http://www.get sex online.co.uk adult domain names for sale http://www.i love sex.me.uk unique domain name for rent http://www.i love sex shop.co.uk sex shopping online http://www.i sex.me.uk my home England UK http://www.love-home.co.uk erotic magazine UK London http://www.love-page.co.uk http://www.love-shop.co.uk I love buying online http://www.love-site.co.uk my personal website UK http://www.love-web.co.uk seks eros London England UK http://www.my-sex.biz adult entertainment England UK http://www.my-sex.me.uk http://www.my-sex.org.uk http://www.mylove.org.uk http://www.mysex.me.uk http://www.mysex.org.uk http://www.mysexonline.co.uk http://www.mysexpage.co.uk http://www.my sex pot.co.uk girlfriend UK http://www.my sex pot.me.uk my english girlfriends http://www.my sex web.co.uk personal website http://www.sex-home.co.uk sex at home the UK http://www.sex-home.me.uk home sex organisation http://www.sex-home.org.uk website for sale http://www.sex-online.org.uk http://www.sex-page.co.uk sex pages http://www.sex-page.me.uk my private website http://www.sex-page.org.uk girls online http://www.sex-site.org.uk domain name for sale http://www.sex-web.me.uk hidden camera pictures http://www.sex-web.org.uk different sexes http://www.sexes.me.uk sex change http://www.sexi page.co.uk I shop for sexy underwear http://www.sexi shop.co.uk live online camera pictures http://www.sexi web.co.uk domain names for sale http://www.sex online.org.uk
I love sex me UK http://www.sex pot.me.uk website for sale http://www.sex web.org.uk organisation of sex workers UK http://www.sexy page.co.uk http://www.wesex.co.uk http://www.the sex.me.uk http://www.mobilephonesites.co.uk http://www.health-resources.co.uk http://www.world socialism.org http://www.world socialism.com http://www.world socialism.tv http://www.world socialist movement.org http://www.world socialist movement.com http://www.spgb.org http://www.world socialis tparty.org http://www.world socialist party.net http://www.world socialism.info world socialist movement socialist party of great britain domain names for sale http://www.inventorsuk.biz

Posted by: GENERIC DOMAI NAMES FOR SALE GOOGLE TOP RANKED SALE RENT LEASE on July 3, 2004 09:31 AM

____

anime porn

http://www.anime-porn.name

anime porn

Posted by: anime porn on July 21, 2004 02:12 AM

____

no... fucking script... nothing interesting

http://interracial-sex.ws
interracial porn

Posted by: interracial sex on July 24, 2004 01:36 AM

____

Post a comment
















__