[cuban leaf]

Whenever I hear people talk about the sham of GDP, I think of this video:

http://www.youtube.com/watch?v=zPkTItOXuN0

One word: Hedonics

http://www.bing.com/search?q=hedonics+gdp&qs=n&form=QBRE&pq=hedonics+gdp&sc=5-10&sp=-1&sk=

[Alex Murphy]

In 1990, Warner Brothers released a comedy called “Joe Versus the Volcano.” It starred Tom Hanks as a hypochondriac whose doctor, Robert Stack, tells him he has a terminal disease, a “brain cloud,” so he should make the most of his remaining time on this earth. Over the course of the film, he meets Lloyd Bridges, an eccentric billionaire, Dan Hedaya, the boss from Hell, Ossie Davis, the limo driver, Barry McGovern, the luggage salesman, Abe Vigoda, the island chief, and Meg Ryan, again and again, playing three very different roles. To say it’s an unusual movie with an unusual premise is putting it mildly.

Some people love it. I still watch it again and again; I find it an absolute delight.

I was just thinking about this movie last week - and it's one of Dr. E's favorites!

"Dear God, whose name I do not know - thank you for my life. I forgot how BIG...thank you. Thank you."

[cuban leaf]

Oh, this will be worse than WDI. WDII will be biblical in proportion, and will end similarly.

[jpl]

Unfathomable? ROFL!! For over three years now Ben Bernanke has been "making it rain" on Wall Street, using his Magical Money Making Machine to print trillions and trillions of dollars of his banker friends and the Obama administration.

What would be unfathomable would be if the markets WEREN'T rising under these ridiculous circumstances. Thanks to the Fed, we now have the most wildly distorted markets we've ever had in American history.

[American in Israel]

With Quantative Easing printing money like toilet paper and pouring it into the stock market, the prices rise... Go figure.

Of course the dollars are worth less, or just worthless but “what difference does it make” to quote a famous american Felon.

[CodeToad]

Bear Trap. NOTHING is making this except manipulations. There is absolutely no news in the markets to cause this.