Posted on 06/06/2009 8:53:17 AM PDT by kellynla
bookmarked.
This guy is dean on.
Listening to Kudlow on WABC right now saying the exact opposite.
- Job losses are shrinking
- Walmart is building and hiring
- Wall St. is trending up
- 2010 will see end to recession
Not that I agree, just sayin`. I recall Kudlow once said the DOW would see 20,000.
Ping for later.
Its hard to argue with people who buy their ink by the barrel. Just the notion that 6 months from now Gentle Ben will raise rates one half percentage point dropped gold $24.
Yea, well working for Mao-Mart and applying for Food Stamps so you can afford to purchase groceries where you work is not my idea of the “American dream.”
By WE I assume he means BO. I agree there are bad times ahead and it would not be a surprise if we do not recover or regain our current status. A lady pointed out a candidate Obama statement which said and I quote "America is the greatest nation this world has ever seen, and we are going to change it"
I blame lawyers, politicians & other parasites. They’ve been making money second-guessing the mistakes or taking credit for the successes of hard-working Americans. A pox on them.
I do not mean that what Mr. Caliente says is a state of affairs we would wish to happen, I mean that he is telling us what we already think will happen anyway. That is what our egos want to hear, if not our pocketbooks.
I see very little analysis in this article and a lot of sloganeering. It sounds good, I agree with it, but it is no basis upon which to make financial decisions.
I don’t think he understands the full extent of the cultural problems, but I’m afraid he’s basically right.
Education isn’t dumbed down because we’re mass producing. It’s dumbed down because of leftist drivel and behind that a deliberate intention of destroying our country. The same with idiot consumerism. But the result will be the same, in any case.
He speaks of a “W” on the economic charts. What that means is a V bottom, a small recovery, and then the plunge into a much lower bottom after 2010.
Did Kudlow talk about the coming massive tax increases, pre-Reagn era, that are going to destroy the economy?
Kudlow’s opinion has probably been purchased and co-opted in order to keep the sheeple in the dark for as long as possible.
He's another Tokyo Rose or Baghdad Bob.
I agree with this one. Christmas is not too far away, because right now is the beginning of the peak season for shipping the finished retail goods which will stock our retail stores. Traditionally 25% of retail sales was during the Christmas season.
This year I expect a big drop in sales, as Christmas becomes a religious holiday again. By January we will see a cascade of retail bankruptcies by companies who were holding out for this Christmas to pick them back up.
A prophet says, “if you keep doing what you are doing, something bad is going to happen to you.” The exact way it plays out is interesting. I never thought the inflated housing market would play out like it did with what the gov’t did. We all knew there was a price to pay but the when and how are hard to predict.
I recall Kudlow once said the DOW would see 20,000.
And your home will return to prior peak prices.
All because of future high inflation.
The Down may pass 20,000, but that doesn’t mean much if gold is at $10,000 per ounce.
Sounds like it is time for a 2 state solution, here.
Damn!
“Mr. Caliente?”
the man’s name is “Celente”
“I see very little analysis in this article?”
Then I suggest you read it again. Although I can understand why you didn’t “see very little analysis in this article” since you didn’t even get his name right. LOL
bookmarked...
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