Posted on 05/22/2009 9:04:43 AM PDT by StopBigGovt
As investors in U.S. government debt demand a higher return for holding what they perceive as a riskier debt, the Obama administration attempts to spin this recent development as a possible indicator of an economic recovery. What do you think?
Economic recovery?......Spinmeister for sure!
He’s Soros’ Girbil. Just look at those little legs trying to kick through the duct tape...
As Karl D. said, “The curtains are on fire!”
This isn’t just a recession. Too many businesses (small businesses like mine) are making the determination that there is no recovery coming and are closing permanently rather than struggle through the tough time like normal. They say they may come back ‘on the other side’ but it’s going to be too expensive/risky to wait this one out.
There is definetly a reality disconnect between Main Street and Wall Street/Pennsylvania Ave.
Investors based in Reality not in the ‘suckers market’ see the risks and of course demand reward for their risk taking.
....and for my next daily address and decree......and BTW, pay no attention to that man behind the curtin.
“Did somebody say gerbil?”....Bawney Fwank, congwessman pewvert.
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