HI there! I am hoping that some of you can shed some light on the situation out here in good old sunny southern California. First off I want to start off by saying that we are in a depression, period end of story. I am in the epicenter of the housing crisis. Massive amounts of people I know cant get work or are laid off, cities are turning into ghosts towns, Im paying $5 for bread, and everything is going up up up in price! If that wasn't worse enough the media is spoon feeding a bunch of happy feel good economy crap. Despite all the stuff going on out here in good old CA everyone I know tells me I am a conspiracy theorist for believing we are in a Depression. This is to include my own husband. They say this is what happened in the 70s and I should not worry my pretty little head. What gives? I am not one to jump on the band wagon but I am seeing it with my very own eyes. I see it coming, like a wave off in the distance and it is big! Huge even and everyone else is just averting their eyes to it. Why? Why? Why? Why?
It's not a depression, but keep your eye on the media.
A year ago, the media was all doom and gloom about the unemployment rate under the Bush administration. What you are witnessing now is that same media saying it's good news that the "increase" in unemployment is slowing down, despite the fact that after all this stimulus bullcrap the unemployment rate continues to rise. Remember when the crisis was so bad that if we didn't pass the stimulus bill that unemployment would reach 9%? Hello, it was passed and guess what? Unemployment still got there. The difference now is how the media reports it, since it's their chosen one in charge now.
