Posted on 09/10/2009 5:28:06 AM PDT by HogsBreath
The recession is ending and the economy is finally growing again. That's the message implicit in the Federal Reserve's latest survey of businesses around the country, which found economic activity stabilizing or improving in most regions.
(Excerpt) Read more at breitbart.com ...
The USA’s economic woes are only beginning. This story is just propaganda.
I do believe in the Fed survey, I do, I do, I do.......
I think its a load of crap.
http://www.accessnorthga.com/detail.php?n=223074&c=1
The FED is now run by Obama appointees and they will say anything to help Obamacare get passed.
The FED has as much credibility on the economy as a 6th grader. The FED completely missed the total collapse of the economy and then mishandled its stimulus efforts with discredited ideas (socialism).
Isn’t that amazing? I still see empty construction sites all around our area, some of my friends are STILL out of work, others are preparing to lose their homes. Gee whiz, how come they’re so wrong?
Okay, here comes the cabbage truck, I c=gota jump back on..
We likely are having a mini-bump as the slight of hand accounting tricks and printed money hit the system. But it’s like trying to swim to the surface while you hold a boat anchor. There’s just too many bad things still coming.
They lied.
The recession is just getting started. It isnt even in high gear yet.
Lots of houses on the market in these parts.
I think a lot of institutions including the Fed are whistling past the graveyard.
Oh, come on. Don’t ya know that prosperity is just around the corner, or so says Barack Hoover Obama.
Barack 0bama may drop the govt run public option.
Business figures are “improving”. Of course they are. It’s called seasonal production sales and inventories. It happens this time every year, and has since we have been called the USA.
After the already passed tax on all Small Business kicks in after January, there will be a “Giant Sucking Sound” the likes of which even Ross Perot couldn’t describe.
Okay, I trade futures for a living and pay great attention to economic indicators since they REALLY affect my short term trading.
I was listening yesterday when the Beige Book came out.......all this feel good bs is not what I heard. I was amazed that the newscreeps immediately started spinning it as good.
If this Recession is over by their standards, I cannot imagine what their definition of a real one would be.
A 6th grader could succesfully run a lemonade stand or wash cars or cut lawns for a few dollars.
Barry and the Fed would f*ck those tasks up beyond all recognition. This administration are all AA’s, flunkies and overt Marxists.
What utter BS. Here in Clark County Washington, our unemployment rate for the year so far has averaged 13.11%, and that’s only through July, and that’s only what the State will admit to. The numbers are constantly being revised and refined, but always upwards.
There has been no recovery out here, but you would never know it if your only source of information was the local AP repeater service...
obviously they missed florida during the survey....we are still losing jobs and wages being cut for those that still have them...employment is very hard to find for those that want to work....in my line of business which is packaging all the like companies i deal with on a daily basis tells me their business is the worst they have ever seen...if consumers aren’t buying, then producers aren’t producing and therefore packaging companies aren’t supplying...
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