“has disappointed expectations “
The new “unexpected”?
When it all falls down, our society, currency, institutions, what will occur? Will the people demand freedom or a strong man to restore order on any terms?
Count on the second option. We are too debased for anything else.
We propose a One World Currency to solve all these problem!
.....slow applause.....
Stimulus = vibrator. Wankery instead of the vital connection of impregnation. Result = stain on sheet, rather than renewal and revitalization.
Try as they might, they can’t completely cover up the fact that we are in an economic depression. They are doing an effective job of propping up Wall Street while our 5th Column, the MSM, shouts that Wall Street’s “health” is proof of economic recovery.
But the underlying fundamaentals are horrible and there is no hiding them for long - they keep popping up.
We are in a depression. I think it is telling how bad a depression we are in that the entire might of a nation’s propaganda machine and banking sector can’t completely hide the magnitude and depth.
They will fool less and less people As the depression lingers and deepens. I have no clue when we get out of this thing. I only know that our “service economy” is not the thing to get us out of it. Previous returns to economic health came from real investment, from real production. Now, all they can do is blow another bubble. Without the government being pulled out of the way of the private sector, I don’t know how a real economic recovery is possible.
Yep he definitely has MY vote in 2012! /Holy Moly Major Sarc!
Jimma', YOU are a savior in comparison!
Thank GAWD we have FREE health care now to get us through all this!
Is it obama’s fault yet?
Screw Captain Zero. Do not raise the debt limit and make real cuts to the budget and toss this POS monkey eared incompetent out in 2012.
It’s not *just* 0bama killing our economy...state and city regulations are likewise choking businesses. It takes pages of paperwork to start any new business these days, compliance with onerous zoning, bans against smoking, insurance, taxes on sales property and income, multiple commissions/bureaucracies “Signing off” on your concept, etc.
Can you just go handmake a gun and sell it from your garage? No. Mounds of paperwork and federal/state/city compliance reqs.
Can you just go make a cigarette and sell it from your basement? Not a chance. Tons of paperwork and lots of delays dealing with bureaucracies.
Booze? Gotta get special permits to make it or to sell it, and not every location is “zoned” to allow you to do business with it.
At every turn, Americans are regulating our economy out of business.
Want to build a micro-power-plant to sell electricity to your local grocery store? It would cost you more to process the permit applications than to buy the generators, windmills, and solar panels.
The data are manipulated beyond recognition and have been for years. If manipulated data are falling off a cliff, it’s for manipulative reasons.
I suspect there is a perceived need for more abject fear, as existed in 2008. The little people are getting all uppity, time to cut them back down to size.
The data are manipulated beyond recognition and have been for years. If manipulated data are falling off a cliff, it’s for manipulative reasons.
I suspect there is a perceived need for more abject fear, as existed in 2008. The little people are getting all uppity, time to cut them back down to size.
There will be more QE (free money from the Fed) soon, because public school teachers and many other kinds of government employees will be retained and paid at all costs.
when people briefly spent a little more with their tax refund money - they tried to sell that news as a robust recovery.
Well....the refund money is spent. Gas tanks still need filling - summer vacation plans are being revised accordingly, and next year’s heating budget plans are already being mailed out.
Not only is it bad now - it’s going to be worse than 2008.