
Good times are back! Unbelievable! It’s Over!
Economic Depression - prevented. Deflation – avoided. Recession – over. Inflation – non-existent. The bad, the bad and the ugly of Wall Street are back in business. The mighty buck - gaining on every major currency. Inventories - depleted. Productivity – up. Employment – up. Unemployment – down. Economic growth – in every sector. New factories are being build everywhere and American consumers are doing what they do best - consume, consume, consume. Billions of dollars are there for the taking. Go get it!
The Wall Street CROOKS are having their pow wow’s in preparation for their ritualistic T- F.O.T “The Fleecing of Taxpayers” and last but not least, President Obama has just been informed by the Pope that he Won the 2009 Sainthood Award. Nice! Nice! Nice! Couldn’t be any nicer.
Then suddenly… I felt this tightness in my ass and I WOKE UP. Went to my computer and came face to face with REALITY!
Bob Willis of Bloomberg reporting:
Oct. 31 (Bloomberg) -- Nobel Prize-winning economist Joseph E. Stiglitz said the U.S. recession is “nowhere near” an end and the economy’s third-quarter growth rate of 3.5 percent, the first expansion in more than a year, won’t carry into 2010.
Here is what I don’t f…g understand people. How can the GDP grow by 3.5% when on the same day unemployment increased, consumer spending decreased, and wages remained stagnant? How can OUR GDP grow when the GDP of our two biggest trading partners Canada and Mexico contracted? Who are we selling our products to? Who is the Government selling this bullshit to? Nobody is buying it. Can someone explain it to me please! Are the bookies at the W-House “fixing” the books or do they just want to insult our intelligence? Who do they think they are fooling? George W. Bush or Paris Hilton?
Ghost Busters!
I think the 3.5% GDP growth is a “shadowy figure” figuratively speaking of course. It’s fixed by shadowy characters (bankers and Government operatives) who live in shadowy places (W-House, Wall Street, the Federal Reserve and the Treasury Department). BIG brother is fucking with our heads. Nothing is believable and nothing is real anymore.
The numbers are being manipulated and misrepresented by the Government and its Wall Street benefactors. It's an attempt to create an artificial environment of economic stability, in the hope of building consumer and investor confidence. Smoke and mirrors friends…smoke and mirrors. The Government is in cahoots with Wall Street and the Banking Industry… the ultimate illusionists. We had “voodoo” economics with Reagan and now we have “shadow” economics with Barack.
Bob Willis of Bloomberg reporting:
“When we look at if workers can get jobs, if they can work full time, if businesses are able to sell goods they produce, in those terms, we are nowhere near the end of recession” in the U.S., said Stiglitz, 66, the former chief economist at the World Bank. The U.S. job market is still “in very bad shape.”
For the full story go to:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aNiwcXqjCcY4
Again This Is Not News….It’s Jungle Politics!
From The Desk of Dr. Politikong…Over and Out!
3.5% growth? Yea right. Maybe in their dreams.
ReplyDeleteMO