Experts say recovery is on track

[bugs]

i Don't See ANY Evidence of Any Recovery At ALL.. The Goddamn DOW Don't Mean Shit To Me!!!

 

[uscitizen]

i Don't See ANY Evidence of Any Recovery At ALL.. The Goddamn DOW Don't Mean Shit To Me!!!

But the market is everything to our economy!
Bush proved that.

 

[Jay Canuck]

[SIZE=+1]GOP Demanded Stimulus Money[/SIZE]
Link Excerpt:
Rep. Pete Sessions (R-TX), who called the stimulus a "massive spending binge" and an "abject failure", wrote three times to Obama officials asking for four projects in Dallas. Sessions wrote that the stimulus projects will "create jobs in the region and improve the quality of life for North Texans." Rep. Steve Buyer (R-IN), who called the stimulus a "sham", wrote to Transportation Secretary Ray LaHood requesting $80 million in stimulus funds that he believed were "vital to the economic health of Indiana." At the end of the letter, Buyer wrote, "Ray, I appreciate your personal attention. Steve." Sen. Lindsey Graham (R-Gay), along with Sen. Jim DeMint (R-Moron), fought for stimulus highway funds for I-73 in South Carolina. Graham proclaimed that the stimulus project would "create 5,789 jobs."

 

[mascale]

Economists have no clue about the credit market. Adam Smith had no idea about the credit market. Karl Marx knew about the credit market.

Mascale has an actual forecasting model, based on the credit market. No university, especially in the United States, will allow any presentation of it. Mascale has no doctorate, to this date, based on the original formulation. Teaching, including presentations, is clearly not possible--and at any grade level--without the doctoral degree: Unless it is believed that some kids are better than other kids, and that all the other kids are not worth the extra effort.

So guess what little kids get instead, even outside the Catholic Hierarchy?! It started with Indiana University, Bloomington Campus, Department of Political Science, and spread out from there: Most recently, about 35 years ago.

So among the wrong things is economics, but notice the extent of the failure tolerance in the United States credit market. The Chinese have noticed, and buy what they can get. These are good Socialists! Now they even swap it around! China is famous for losing upwards of 10,000 people per year to natural disasters. Haiti, by comparison: Was done in with similar or far less toll. There are more Chinese than there are Haitians. The China problems barely make the papers, much less the contributions concerts.

In the United States, big financial houses failed, and banks needed hundreds of billions of dollars in backing.

Mostly, however, the "Great Recession" only has a double digit unemployment rate for one whole month. Mostly, the bulk of the population is unaffected. It now makes the papers for having happened--and especially in stock market brokerages, it has even gone unnoticed. With $55.0 tril. outstanding, the credit market was sufficiently large to absorb the failures, of the failed people, of the failed values, most especially of the Party of Abraham Lincoln, which is all about failure, from the start: And in fact a lot of banks have paid back their bail-outs, with interest. Blacks in America, even noticed this, if not exactly dat(?). "Dat" actually made the pro football telecasts, or something.

Usuary, Adam Smith knew about. Everything else couldn't even be dreamed of, even in 1750: Of the Founding Fathers time-frame. In fact, apparently, even then the moms were busy!

Mrs. Obama works in the garden, just like Framers, the ones with no property available, to work with. Mrs. Obama is apparently not now, in fact:
even of the Party of Abraham Lincoln, at this time(?)!

Mostly, they had to cross-over!

Still they can't seem to see the other side: Which would be expected!

"Crow: James Crow: Shaken, Not Stirred!"
(East Africa, quite clearly, has no credit market, has a drought, and so the United Nations sent in the plague. There are not lots of aid workers in East Africa. With Bureau of Indian Affairs, mainly rotted corn and disease-filled blankets were instead sent in. The apparent model had been the Franciscan contribution to missionary zeal, in old California!)

 

[csbarry]

Experts say recovery is on track; csbarry says experts on crack!

 

[csbarry]

One has to wonder with the economy in the toilet and make no mistake about it, it is, how is it the stock market can post gains? It's no mystery, it really isn't. Those that still had money throughout this financial debacle bought up everything the rest of us lost, making themselves even wealthier that they were before. Take from the poor and give to the rich! Robin Hood must be rolling over in his grave!

 

[Neubarth]

Since there is no real recovery, only occasional blips up with as many blips down every week, the only thing that I can say is that we seem to be on a slightly downward sloping plateau with more and more people losing their jobs every week and month.

With that in mind, and knowing that everybody is buying stocks on "Projected Earnings" it is a given that the stock market can crash on any given day. "Actual Earnings" says that stocks are way overvalued and ripe for a fall.

 

[uscitizen]

My problem is that these are the same experts that believe more of the same will get us out of this mess.

 

[csbarry]

My problem is that these are the same experts that believe more of the same will get us out of this mess.

Ooooh, that was a spooky statement!

 

[Baruch Menachem]

So this train is now the light at the end of the tunnel?