Mortimer Zuckerman: The Great Recession Has Been Followed by the Grand Illusion

Didn't see this posted. Essentially says what we've all been thinking.

Who did Mort vote for in 2008?

Leftist MortZ is beginning to see the hell that is coming.

Interesting timing considering the govt stealing money in Cyprus - stay tuned for the sequel with comrade hussein ubama

What we’ve all been thinking and what we all KNEW would happen.

But I don’t think any of us knew we’d get two terms of it.

The one that still baffles me to this day is the lack of outrage about high gas prices. Grand illusion or not, that is one thing they can’t hide and yet here we are.

>>> a Canadian-born American real estate tycoon and media proprietor (from Wiki)

A man (who ‘wrote an Obama’s campaign speech’) likes to pretend independent and left-leaning.

He must feel himself pretty secure, immuned from Obama’s 1% rhetorics, and now trying to paper over his thin behind over the little people.

I spit in his face.

The one that still baffles me to this day is the lack of outrage about high gas prices. Grand illusion or not, that is one thing they can’t hide and yet here we are.

The mainstream media works hard to make sure Americans have difficulty gaining perspective and connecting the dots.

Inflation is everywhere and bank interest rates on savings are less than 1%. Retirees on fixed incomes are taking a financial beating, but the media ignores the story.

There were 30 survivors at Benghazi, but the media ignores that story.

We have ample oil (Bakken) for many decades right here in the US, but our energy policy is to waste taxpayer money on alternative fuels. Where is the media drumbeat to use that oil to boost the US economy?

Styx The Grand Illusion Lyrics

Songwriters: DE YOUNG, DENNIS

Written by Dennis DeYoung
Lead Vocals by Dennis DeYoung

Welcome to the Grand illusion
Come on in and see what's happening
Pay the price, get your tickets for the show
The stage is set, the band starts playing
Suddenly your heart is pounding
Wishing secretly you were a star.

But don't be fooled by the radio
The TV or the magazines
They show you photographs of how your life should be
But they're just someone else's fantasy
So if you think your life is complete confusion
Because you never win the game
Just remember that it's a Grand illusion
And deep inside we're all the same.
We're all the same...

So if you think your life is complete confusion
Because your neighbors got it made
Just remember that it's a Grand illusion
And deep inside we're all the same.
We're all the same...

America spells competition, join us in our blind ambition
Get yourself a brand new motor car
Someday soon we'll stop to ponder what on Earth's this spell we're under
We made the grade and still we wonder who the hell we are

Shocking info...America is in “failure” mode. Thanks Obummer.

Who did Mort vote for in 2008?

The same person who voted for in 2012.

The country isn’t really advancing. By comparison with earlier recessions, it is going backward. Despite the most stimulative fiscal policy in American history and a trillion-dollar expansion to the money supply, the economy over the last three years has been declining.
........................................................
No sh*t Sherlock.

“Savings accounts in Spain, Italy and other European countries will be raided if needed to preserve Europe’s single currency by propping up failing banks, a senior eurozone official has announced.”

http://www.telegraph.co.uk/finance/financialcrisis/9952979/Cyprus-bail-out-savers-will-be-raided-to-save-euro-in-future-crises-says-eurozone-chief.html

The one that still baffles me to this day is the lack of outrage about high gas prices. Grand illusion or not, that is one thing they can’t hide and yet here we are.

There is only one legitimate reason for this "illusion"... a sycophantic and psychotically protective "media", so invested in protecting their little ignorant affirmative action poster boy, that bad news has been pronounced as good. When Bush was in office and there was a spike in gas prices, you heard about it every time you saw a paper, magazine, turned on a radio or television; now... nothing. If something like Benghazi would have occurred on Bush's watch, you would have heard about it every night, including nightly interviews with the family and friends of those who killed; now... nothing.

There are literally thousands of examples that can be provided to explain the propogandist-driven indifference of the population. Meanwhile, idiots like Rush Limbaugh waste air time blathering about his so-called "theorem" and "low information voters". The reason the jug-eared communist is never blamed is due to his protective media, nothing more. And they're not "low information voters"... they are idiots, losers, parasites, and/or apathetic nitwits who care nothing about the country or our children's future; just because gutless wonders like Rush are afraid to call them what they are doesn't change the fact. The media is going to cover for this POS until he is out of office.

And Mort’s 14-15% true unemployment rate doesn’t count the millions who had climbed onto disability to escape this and previous labor markets.

Or who retired early..

You see Zuckerman’s liberal obtuseness when, for example, he lists the small slowing of growth in federal spending wrought by the sequester as a drag on the economy—as if still faster, debt-fueled government expansion would be the better route.

Also, he’s quick to jump onto government-funded job training as a good thing. And our lack of STEM training in our workforce? He of course doesn’t consider that that’s been confounded by our government subsidies of useless degrees to marginal students.

Let only top students and/or those willing to train in high-demand STEM trades get college grants and loans, and we’ll have a very different education economy. Those so interested in the arts will find different routes for training and apprenticeship, as will those who we now fund for training that employers could just as well provide on the job and/or more cheaply.

Those who aspire for their kids to just get a degree despite their lack of resources will have their kids get more useful degrees.

Who knows? Maybe parents will actually start demanding that their kids get a rigorous education through the high school level, such that college degrees aren’t required for remedial purposes.

Yes.

...but the present phase might also be called the Grand Illusion...

I think a better title may be “Grand Delusion”. Everyone wants to believe the figures because the real picture is too scary to contemplate.

The one that still baffles me to this day is the lack of outrage about high gas prices. Grand illusion or not, that is one thing they can’t hide and yet here we are.

The frog's just gotten used to the extra warm water in the pot, is all.

We might certainly see the DJIA at 20000 before the crash.

But who knows when the PTB will pull all their chips and turn the lights out?

We’re at their mercy, and they know when they’re “done” and will leave you holding the bag.

So, you can play along with them, ride the stock market up, but you better know when you’re planning to get out and not hold your pumpkin futures until November.

Let only top students and/or those willing to train in high-demand STEM trades get college grants and loans, and we’ll have a very different education economy. Those so interested in the arts will find different routes for training and apprenticeship, as will those who we now fund for training that employers could just as well provide on the job and/or more cheaply.

Those who aspire for their kids to just get a degree despite their lack of resources will have their kids get more useful degrees.

Wow that was good, but you can’t honestly believe they’ll dump all those lib professors do you?