Don't be surprised or fooled by the "recovery" later this year

A Dangus Manifesto ^ | 7-12-2009 | Dangus

[Vaduz]

The problem is illegal aliens are much more likely not to speak English, and people who don’t speak English aren’t likely to be good credit risks.Barney Frank got that.

[WildWeasel]

The return of “stagflation” is coming.

[Caipirabob]

As long as the Government owns GM...the stimulus has not worked.

And buying GM is now subsidizing NAZI-ism. GM needs to buried already, along with anything else Nazis touch.

[Pearls Before Swine]

That is a good point, that government expenditures are included in GDP, and can cause an appearance of growth. It is the “stocks versus flows” issue. The government is appropriating non-governmental savings (through taxation, deferred debt service, and most likely future inflation) and spending it to enhance the appearance of healthy growth for political reasons.

[nascarnation]

Stagflation is my bet also.
When I downsized houses, I pulled out $200k @ 5% for 30 yrs.
Having had a 13% mortgage back in the early 80s, it was too good to turn down.

[Gondring]

It looks like an ox market rather than a bull market. An ox, in some regions, is used to describe a castrated bull. Any rallies in this market is simply a sucker’s rally, I.E., a castrated bull.

Well, there is a lot of O.S. emanating from the White House these days!

In the clutches of The Black Widow...

[dangus]

>> I generally wholeheartedly agree with you except for the part where you say Republicans are going to take back the house in 2010. You don’t know that, nor can you make any predictions about late next year. <<

You’re right; I do not know that. Nor did I claim to know that. However, with Obama’s popularity at 59% (Rasmussen) to 65% (NBC), and massive numbers of Americans thinking things were getting better a couple months ago, and the media-hyped internal disarray of the GOP, the Republicans were still outpolling the Democrats in generic balloting. Given the premise of the article was that there would be a bad economy in 2010, I don’t think my assertion that there “probably” will be a Republican House is too controvertible, since I was careful not to speak in absolutes.

[nufsed]

Michelle Obama: living proof that if your husband becomes a senator he can slough millions to the hospital your serve on the board for and you will get a huge pay raise.

Another family which already got their reparations.

[Gondring]

Buy a 25 cent trinket from China and

• pay to have it unloaded at the port (GDP increase),
• loaded onto truck (GDP increase),
• shipped to warehouse (GDP increase),
• unloaded into warehouse (GDP increase),
• loaded to another truck for distribution (GDP increase),
• shipped to retail location (GDP increase),
• unloaded at retail point of sale (GDP increase),
• markup the price to $5 and sell to American (GDP increase).

The GDP has gone up, but what has been "produced" to pay other nations to keep sending us things in return for what they send us? Nothing.

The "Debt as % of GDP" myth collapsed last fall, but some still cling to it.

[Gondring]

Same goes for people looking for "social conservatives."

Right on the mark!

This is where President Bush's "compassionate conservatism" was a collossal failure. Bush did cut taxes, but these tax cuts did not yeild the resultant economic growth that occured following the victories of Reagan and Gingrich. This is because he expanded or reinforced regulations. Spending was not mandated through the appropriations and government spending, but through regulatory mandates whose costs were difficult to quantify.

[ex-Texan]

Here is the only thing that is going to happen. It is not economic recovery. But it means suppression of all forms of dissent. When people wake up and realize they have been hoodwinked there will be angry demonstrations. Riots are possible in cities like Detroit and Chicago. Martial law may be coming.

Please forgive the demonic imagery the producers inserted into this clip. The video makers must have heard about 'secret' Bohemian Grove rituals engaged in by the people in charge. Both political parties are corrupt to the bone:

Video: What is Coming Next !

Please check my freeper page. If you want to wake up. Otherwise get ready to stand in line for the mandatory swine flu inoculations. Turn in your handguns at the door.