Without him it would be 10 times as bad! /MS
DemRATS adore and protect their sacred cows.
Posted on 06/01/2011 4:06:55 PM PDT by MissesBush
Edited on 06/01/2011 4:26:23 PM PDT by Admin Moderator. [history]
The last month has been a horror show for the U.S. economy, with economic data falling off a cliff, according to Mike Riddell, a fund manager at M&G Investments in London.
"It seems that almost every bit of data about the health of the US economy has disappointed expectations recently," said Riddell, in a note sent to CNBC on Wednesday.
(Excerpt) Read more at cnbc.com ...
Without the government being pulled out of the way of the private sector, I don’t know how a real economic recovery is possible.
Well said. It is enterprise that counters depression, even, or most relevantly, in the psychological sense. That revelation is via the private sector, not government oppression. Wasn't the "great" Soviet Union and Karl Marx lesson enough (or has the new generation forgotten)?
One secret for the US is internal energy sources, fossil, nuclear, renewables. We do have plenty in one form or other, and if government steps aside, enterprise would explode like a new dawn.
I am convinced this is intentionally repressed globally.
Johnny Suntrade
We're so far down the slope that 'change' probably won't help either.
That is my view as well. Thanks for reminding me that I’m not alone.
What makes you think he wants to improve the economy?
It's my assertion that things are proceeding exactly the way he planned, or perhaps a little too slowly.
The Won, and his masters, hate freedom, they hate Western Civilization, they hate the English-speaking world, and they hate the US most of all.
They know this country is the keystone in the arch of Western Civilization, and that if they can destroy us, the whole thing comes crashing down, and they will be forever revered among the barbarians.
I agree. The way Wall Street operates now, it has nothing to do with the real economy. The MSM is too ignorant to even report on it correctly. I am appalled at the idiots that they switch to on the evening news: “and now from our economic analyst...” which is some journalist that might have read a Time magazine article on economics and now considers him/herself an expert. Wall Street is about commissions, fat salaries, good old boy relationships, personal power, etc.
FDR engineered an attack? tell me all about it.
If you truly believe the economy will tank further by puts. That call, if correct, will swamp gold for returns.
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.
I'm sorry but you simply MUST be a woman! LOL
So I take it that if I'm a budding quantum physicist who is working on a teleportation device for eventual use by the masses in my basement, I can kiss all dreams of financial security goodbye?
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.
No, a man. But a non-wanker.
“By November 2012 Obama will never be re elected.”
I honestly don’t think he’ll even be the candidate (despite his claims to the contrary).
Printing Money...great...that will solve everything (sarc).
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