1. Who gives a flying klingon crap what that corrupt Bernake thinks.
2. Yeah, Inflation is in “check” because the effects of printing more money in the last year will never ever be felt in the foreseeable future.
3. A lot of those mergers are nothing more than big companies poaching other financially unsound big companies for discounts rates. A sign of a bad economy. Plus after mergers come layoffs as redundant jobs are eliminated.
4. Who is going to buy the more cars GM is making when more peopel are laid off from step 3.
5. They cut inventories to save money and now they need inventory, it is just another cycle. Won’t last long.
6. Regional growth is only occurring in regions with sensible tax and employment laws. The sucking sound is jobs from liberal states to conservative states. Overall net job gain is down. For every 3 jobs lost only 1 in re-claimed in region growth. Well until the Bush Tax cuts expire then see this slow down to 10 to 1.
7. Only happening because customers are cutting back on spending. Also the savings rates for consumers has increased. When the saved up money gets spent after the media convinces everyone it is safe to come out things will truly be making sucking sounds.
5. They cut inventories to save money and now they need inventory, it is just another cycle. Wont last long.
Apparently it only lasted as soon as someone figured out the number was made up because it was revised down to a big loss