headermask image

header image

category archive listing Category Archives: Depression

Cheery Thought For Today! Iceland Shrinks 8% as Prices Increase 11% in Deepest Recession! Hey Deflationistas Notice That Economy Is Shrinking While Prices Sky-Rocket…!

Aren’t prices supposed to go down when you have a recession? Well yea unless you have devalued your currency so much that no one takes the “promise” of its value seriously. And when your currency is not attached to any rational measure of value promises is all you will get from the Government. Promises from [...]

Senator Johnny Isakson, Can You Name His Party? Buffoons On Parade…

Just so we are clear about what is bothering many regular citizens in this country. In my business if something doesn’t work I don’t continue to throw money at it. Used to be that we could tell who the Republicans and Democrats were by where they stood on throwing money towards problems. Read the snippet [...]

China investigates US auto, chicken imports…Tit For Tat!

This is how depressions are turned into Great Depressions…we slap a tariff on Tires, they slap a tariff on auto imports, and we all go down the tubes together!
China investigates US auto, chicken imports By GILLIAN WONG BEIJING
China is launching antidumping investigations into imported U.S. auto and chicken products, the government said Sunday, adding to [...]

BERNIE MADOFF’S NEMISIS HARRY MARKOPOLOS SAYS THERE ARE SCAMMERS WHO ARE BIGGER THAN BERNARD MADOFF…GREEN SHOOTS SPOUTING UP ALL OVER THE PLACE!

This might be worth paying attention to but no one is reporting it. Scary stuff…but hey who cares eh?
HARRY Markopolos — the whistleblower on Bernie Madoff who proved to be much smarter than the SEC — says there are evildoers out there who will make the Ponzi scum "look like small-time." Markopolos gave a speech [...]

Is Larry Kudlow Simply A Liar Or Does He Have A Better Excuse For Consistently Getting The Economy Wrong?

Larry Kudlow, as reported by Zero Hedge, is claiming on CNBC that earnings are Q2 earnings are MUCH better than Q1 earnings. Larry has a history of getting it wrong. Co-incidentally we have this commentary on Bloomberg by David Pauly revealing some of the dirty little secrets of the Wall Street analysts. Here are some snippets [...]

Video Bill Whittle – The Media, The Left and GOP Elitists vs. Sarah Palin and you as well as me.

I asked, “Well what is going to happen to those people we can’t reeducate, that are diehard capitalists?” And the reply was that they’d have to be eliminated. And when I pursued this further, they estimated they would have to eliminate 25 million people in these reeducation centers. And when I say “eliminate,” I mean “kill.” Twenty-five million people. I want you to imagine sitting in a room with 25 people, most of which have graduate degrees, from Columbia and other well-known educational centers, and hear them figuring out the logistics for the elimination of 25 million people. And they were dead serious.

More Money Down The Drain…Freddie and Barney Frank Making Sure That We All Go Broke!

When you steal $1,000 it is a crime, when you steal trillions it is a statistic! I am from the government and I am here to help!

Quiet, Army of David’s At Work! Zero Hedge Calls On Them To Police Financial Criminals and Thieves…

Critical update: Zero Hedge thrives on its proactive readers, yet I never expected a barrage of information such as the one I received since posting this. In the hundreds of emails received over the past several hours, much of it from current industry insiders, a substantial portion is likely actionable, and upon further refinement, enforceable.

Zero Hedge will filter the data and forward our work product directly to appropriate Attorney General offices and local FBI branch offices. In retrospect, approaching the SEC and FINRA is futile, as they are both as much an integral part of the system as the perpetrators they are supposed to protect against. We’re slowly learning that fact. And we are very, very pissed off.

Hope and Change…Record Unemployment in 8 States! Weeeeee isn’t this fun? Thanks a bunch Obama Voters!

In Obama’s defense "Obama said The US Economy is not the economy he knew for 20 years.”
8 states see record unemployment rates in May
WASHINGTON (AP) — The unemployment rates in eight states hit record-highs last month and only two — Nebraska and Vermont — did not report increases.
The Labor Department says 48 states and [...]

The History of the Veil of Lies From Bernanke and Paulson!

Because Maybe You Might Be Believing That Bullshit About Green Shoots…Keep Your Powder Dry, Buy Ammo, Food and A Bug Out Spot…This Ain’t Even Started Being Bad Yet! These clowns are more clueless than the 3 Stooges.
Austrian Filter nails the lying hides of Paulson and Bernanke to the wall so you can study their bullshit [...]

Stock Market Manipulation? Gee That Wouldn’t Be A Very Good Thing…Kinda Funny How The Market Went Down Right When Obama Needed It and Went Up When He Needed! Maybe He Really Is GOD! Obama Is God! Nah…

Stock Market manipulation? Fantasy? Tin Foil territory? Maybebut if someone asked you 3 years ago to believe that Bear Stearns, GM, Lehman Brothers, and other so-called paragons of US Corporate might would be gone in 2009 would you have thought it was tin foil ranting?
Take a look at this article over at AtlanticThe Quiet Coup [...]

Anger Management Brought To You By A Chinese Microwave…Is There NOTHING The Chinese Cannot Do?

Bubba is pissed and I am betting you are tooride along with this very pissed off dude. He makes some valid points along the way and kills a bunch of Chinese shit as well.

YouTube – microwave oven made in peoples republic of china

CUDA ATTACK! SARAH DOES WHAT NO OTHER REPUBLICAN HAS THE BALLS TO DO! ATTACK OBAMA! WHY IS IT THAT ONLY REPUBLICAN WOMEN ARE TOUGH? WHERE ARE THE MEN???? SARAH PALIN 2012!

Sarah taking it to that bastard in the White House! You Betcha!
PALIN: Thats how I feel! I feel like and I think that more and more constituents are going to open their eyes now and open their ears to hear what is really going on and realize ok Maybe we didnt have a good way [...]

German Chancellor Merkel Speaks Out Against the Fed’s Policy of Loose Money…WOW! A Leader Speaks The Truth?

German Chancellor Merkel spoke out against the policy of the Central Banks of the United States (Federal Reserve), Great Britain and the EU. When a German Chancellor speaks out against the policies of the Central Banks of the world we would be wise to listen.
Aides say Ms Merkel’s concern about the expanding remits of the [...]

Darn Those Consumers Why Aren’t They Running Up the Credit Cards Like They Used To? Hmmm…

That sure is a steep drop for an economy with only 8.9% of the populace unemployed. Could the Government be fudging the unemployment numbers?
WASHINGTON (Reuters) — U.S. consumer borrowing fell more than expected in March, plunging a record $11.1 billion, a Federal Reserve report showed Thursday.
March consumer credit fell at an annual rate of [...]

The Desert Rock Energy Facility…Flattering EPA Report, Now You See It! Now You Don’t! Fun Stuff Over At EPA!

On April 28th Obama fulfilled a campaign promise regarding bankrupting Coal Power plants. He accomplished this by having his EPA pull a permit that had already been issued for the Desert Rock Energy Facility. Well that’s not all the EPA is pulling retroactively! They also pulled the flattering report they themselves wrote regarding the very [...]

Big Brother Is Watching And He Is Pissed…Pay Up! Taxes By GPS Monitoring of Vehicles.

Naturally a goddamn Republican, Transportation Secretary Ray LaHood, in Obama’s Cabinet is proposing this abortion.
The system would require all cars and trucks be equipped with global satellite positioning technology, a transponder, a clock and other equipment to record how many miles a vehicle was driven, whether it was driven on highways or secondary roads, [...]

TELEGRAPH CENSORING ITSELF HOURS AFTER FIRST REPORT OF BANKING DISASTER EXPOSED…WHAT THE HELL IS UP? WE FOUND OUT YESTERDAY ABOUT A 550 BILLION DOLLAR WITHDRAWAL/RUN ON OUR BANKS IN SEPTEMBER AND NOW THIS?

Read these first few paragraphs of an article in the Telegraph.
“Estimates of total expected asset write-downs suggest that the budgetary costs – actual and contingent – of asset relief could be very large both in absolute terms and relative to GDP in member states,” the EC document, seen by The Daily Telegraph, cautioned.
"It is [...]

Quiz: Which President Instituted These "Reforms"? Fill In the Blank!

___________
(1) Establish a Reconstruction Finance Corporation, which would use Treasury funds to lend to banks, industries, agricultural credit agencies, and local governments; (2) Broaden the eligibility requirement for discounting at the Fed; (3) Create a Home Loan Bank discount system to revive construction and employment measures [...]

I Told You So Will Seem So Trite When We Are Left Foraging For Food…So Let Me Say It Now America, "I Told You So"

This just about covers it.
Barack Obama inauguration: this Emperor has no clothes, it will all end in tears
Barack Obama, Freedom of Choice Act, Neil Kinnock, stimulus package, Tony Blair
This will end in tears. The Obama hysteria is not merely embarrassing to witness, it is itself contributory to the scale of the disaster that is coming. [...]

Because This Country Isn’t Far Enough Into Debt…LET’S SPEND MORE! LightWorker Promises More Of The Guys Who Originally Screwed The Pooch on the Economy! Weeeeeeeeee!

Because when you are 0-1,000,000 ya need to try again. After all just because you have failed the last million times doesn’t mean that this very next time won’t succeed! Definition of insane by Alfred Einstein, Insanity: doing the same thing over and over again and expecting different results.
President-elect Barack Obama said he’ll make the [...]