Dude. Since 2027, I've been travelling in time.
I was with the 132nd under Perry, from '21 to '27.
Posted on 12/01/2008 9:41:46 AM PST by Toddsterpatriot
1961 B.C.
Do not think for a second that the UberRich, who are largely Democrats, will not ensure this.
Yes that’s right. I was posting something else first, but was going to call attention to that next. You are correct.
What we have here is the typical “setup” typical of Democrats to lay the groundwork for the upcoming Miracle.
This time though I believe the “miracle” is going to be if they can successfully pull off their scam.
I postulate that our current recession started in February of 2016, and will finally be over in 1998.
By the end of next year, we’re going to wish we were ONLY in a recession.
Economic Rescue could cost $8.5 trillion:
http://www.latimes.com/news/nationworld/nation/la-fi-pricetag30-2008nov30,0,5544291.story?page=1
Will Hussein save us...or sauce us?
I heard it was gonna cost $1 quadrillion. We should sell all those derivatives to raise the money.
I postulate that our current recession started in February of 2016, and will finally be over in 1998.
Okayyyy. So you believe in time travel? ;)
Exactly who "charged" them with this task and why did they choose to use an unconventional definition?
===
The Kidd Institute is a rival private group of leading experts, also charged with dating the start and end of economic downturns.
Mr. Kidd, the founder of the Institute, disputes the arbitrary choice of the benchmark used by NBER and believes that it is politically motivated. "NBER clearly believes that Obama is not going to pull the economy out of its doldrums and that he will need reasons to blame the current president," said Mr. Kidd. "Establishing a date that was deep within the Bush presidency adds credibility to the blame game. However, the most commonly accepted definition of a recession, that is one that has two consecutive quarters of negative GDP growth, shows that the recession will begin during the pending Obama administration."
Dude. Since 2027, I've been travelling in time.
I was with the 132nd under Perry, from '21 to '27.
Exactly. That’s why over the last several months despite gloom and doom media at least some pundits were saying it has not met the criteria for recession. I firmly believe this is specifically designed to help Obama by saying how bad things are and for how long they have been bad.
Dad?
For a recession there has been few layoffs other than the obvious financial sector, some prices have increased but others have dropped, and spending still seems to be as heavy as any year. This seems like a fairly light recession.
More of a crisis of confidence in the ‘New Direction’ starting Jan 2007.
The crisis of confidence really started when Charlie Rangel promoted his Mother of All Tax Hikes in August 2007. You knew this economy was going down the tubes when ‘Progressives’ promoted punishing the producers.
Investors played amongst the margins but when the ‘Enronization’ of the financial system was exposed and the culprits in DC colaborated in this disaster to leverage power, the real confidence evaporated. As in the last Great Depression, it’ll take about a generation before investors have faith in the system.
Capital is engaged in flight to safety.
LOL!
As if CNN would know.
This group has no official position and so this announcement carries no weight... show me two consecutive quarters of negative growth and I will agree. We are likely into a recession now, but we cannot let tried and true measurements be replaced by “feelings”.
LLS
Who is Willie Green? Can he predict 24 of the last 3 recessions like the MSM?
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