[edcoil]

But, credit, houses, mortgages are all killing Americans.

No, wait that comes from the MSM cannot be trusted.

[Perdogg]

Larry Kudlow said this on JB the other night. This is not new to wall street.

[NVDave]

In this case, a survey of estimates from economists produced by the Commerce Dep’t isn’t to be trusted completely before all the revisions are put in later.

But first, let’s get to the source and get the media out of the way:

http://www.bea.gov/newsreleases/national/gdp/2007/pdf/gdp307p.pdf

Second, when you read the numbers therein, without the useless intermediary of business ignorant people in the lamestream media, you see that the picture isn’t all cherries and roses.

Go through the section “Corporate Profits” carefully and you’ll see it.

[Rummenigge]

Money of zero maturity grew by 16%.