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Calif Bill[_2_] Calif Bill[_2_] is offline
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First recorded activity by BoatBanter: May 2009
Posts: 826
Default If this keeps up...


"NotNow" wrote in message
...
Canuck57 wrote:
"H the K" wrote in message
m...

"The worst may be behind us," President Barack Obama declared. "Today,
we're pointed in the right direction."


Obama can talk all he wants, it isn't going to change a thing. But he is
a good bull****er, but even lib-dims are getting tired of talk a lot and
excuses.

This time of year is supposed to be peek employment. And it remains that
income levels are dropping. Loose 1/2M jobs, replaced with 1/4M lower
wage jobs for a net loss of 1/4M. Sort of like saying I lost 3 pints of
blood and the bleading is slowing down. Obama sure isn't a realist.

Then there are people no longer counted, the real number is 20%, which
removes government adjustment crap.

As for recent market increases, it has more to do with anticipated
inflation. I can just hear Obama touting GDP grew by 1% in a 10%
inflation environment so the recession, which is really a depression is
over. Trouble is, real growth is GDP growth has to be more than
inflation or in fact, you still are in a recession.

Government is going to try to BS out of this, but it isn't going to work.
People are going to be angry when they realize they are being duped by an
no results talk a lot type.


A lot of analysts are saying we're over the hump, also.


The same analysts that said to buy dot.com IPOs? The same ones that said
buy 10 houses and flip them? The same analysts that are making $700k a year
pimping bad investments?