America is a Goner-And More
The US economy is dead in the water. The only reason that the economy hasn't slipped beneath the waves is that it is stuck on a reef, it's hull ripped open and keel broken. New unemployment increased last week even as manufacturing and retail sales decreased. Once again government officials were "surprised" and the news was "unexpected" even though 2Q GDP fell to 2.4% soon to be revised downward to 1% or less. The DOW has fallen below the 10,600 support levels, going negative for the year.
Home prices continued to fall and homeowners think their home value hasn't hit bottom yet. This is the face of deflation in a depression. The awful truth is sinking in that the american dream is dead for most of us. Up to a quarter of americans say they will never buy a home while those who are buying homes will slip underwater on their mortgage.
The last US combat troops quietly slipped out of Iraq at night, leaving the country to 50,000 US trainers and support personnel. The remaining troops might pull out next year or stay for another decade.
Many think Obama worships the moon god, allah. Democrats are split over a mosque-memorial at ground zero. C'mon america, plug the former WTC hole with a muslim shrine, it will be so healing for the world. Let the dying responders build it to help pay their medical bills.
It looks like the government has been caught lying about oil in the Gulf. But we should buy and eat tasty Gulf seafood. Yum.
Prince Tampon provided hygeine tips to the Brits saying "Snub the tub. If everybody in a four-person family replaced one bath a week with a five-minute shower, you could save between £5 and £15 per year off your energy bill." Wash once per week? Really?
And the Obamas are getting ready for their sixth vacation of the year. Hmmm. We are in a freaking depression and this islamocommunist is going on his sixth vacation....spending our money. Martha's Vineyard? Do they have sharks there?
I've driven away readers with my cynical postings and dark musings. Oh well, it's all for me anyway.
Home prices continued to fall and homeowners think their home value hasn't hit bottom yet. This is the face of deflation in a depression. The awful truth is sinking in that the american dream is dead for most of us. Up to a quarter of americans say they will never buy a home while those who are buying homes will slip underwater on their mortgage.
The last US combat troops quietly slipped out of Iraq at night, leaving the country to 50,000 US trainers and support personnel. The remaining troops might pull out next year or stay for another decade.
Many think Obama worships the moon god, allah. Democrats are split over a mosque-memorial at ground zero. C'mon america, plug the former WTC hole with a muslim shrine, it will be so healing for the world. Let the dying responders build it to help pay their medical bills.
It looks like the government has been caught lying about oil in the Gulf. But we should buy and eat tasty Gulf seafood. Yum.
Prince Tampon provided hygeine tips to the Brits saying "Snub the tub. If everybody in a four-person family replaced one bath a week with a five-minute shower, you could save between £5 and £15 per year off your energy bill." Wash once per week? Really?
And the Obamas are getting ready for their sixth vacation of the year. Hmmm. We are in a freaking depression and this islamocommunist is going on his sixth vacation....spending our money. Martha's Vineyard? Do they have sharks there?
I've driven away readers with my cynical postings and dark musings. Oh well, it's all for me anyway.
Labels: america is a goner
posted by lugh lampfhota at 8:36 PM
0 Comments:
Post a Comment
<< Home