We're Going Down
Well, the dollar has lost 13% of it's value since June so oil and other commodities are headed for the moon. The Federal Reserve has lost it's fucking mind and is going to print $1T maybe $3T in the near future to inflate the US out of debt. Since nobody else wants more US Treasury notes, the Fed will print money and buy them all up itself. Then the privately held Federal Reserve will own the United States of America and all of it's indentured citizens. That is, if they can keep americans from hanging them from lamp posts and repudiating the debt.
Gallup has found that the unemployment rate is actually10.1% and the underemployment rate is 18.8 %. So the real U6 number is 28.9%. Yep. Obama lied. The real numbers look like the 1930s depression.
Friday's unemployment data from the government should show a weakening economy, higher unemployment and that the US economy is crawling in the deep shit.
The Obama administration's banker says the economy will be either fairly bad or bad in 2011. Alan Greenspan says that fear undermines recovery. I think uncertainty and failed trust undermines recovery. Who trusts any of these lying bastard?
Since congress didn't reinstate the Bush tax cuts ya'll can expect tax withholding increases come January. If you earn over $40,000 and have no children expect to lose $95 per month. If you earn over $40,000 and have 4 children expect to take home $215 less. Thanks Obama, Pelosi and Reid.
Oil prices and other commodities are up as the dollar tanks on news the Fed will start printing dollars soon. Will $100 per barrel oil kill the Fed's idiocy?
Only about 20% of foreclosed homes are on the market. Banksters are holding foreclosed homes off the market to keep housing prices up and to make their balance sheets appear solvent.
And if you think throwing the bums out and electing republicans is going to change anything you might think again. The damage has gone on for too long and is far too bad to ever correct. And the congress can neither override the Fed or make Obama stop the damage. We're going down.
Gallup has found that the unemployment rate is actually10.1% and the underemployment rate is 18.8 %. So the real U6 number is 28.9%. Yep. Obama lied. The real numbers look like the 1930s depression.
Friday's unemployment data from the government should show a weakening economy, higher unemployment and that the US economy is crawling in the deep shit.
The Obama administration's banker says the economy will be either fairly bad or bad in 2011. Alan Greenspan says that fear undermines recovery. I think uncertainty and failed trust undermines recovery. Who trusts any of these lying bastard?
Since congress didn't reinstate the Bush tax cuts ya'll can expect tax withholding increases come January. If you earn over $40,000 and have no children expect to lose $95 per month. If you earn over $40,000 and have 4 children expect to take home $215 less. Thanks Obama, Pelosi and Reid.
Oil prices and other commodities are up as the dollar tanks on news the Fed will start printing dollars soon. Will $100 per barrel oil kill the Fed's idiocy?
Only about 20% of foreclosed homes are on the market. Banksters are holding foreclosed homes off the market to keep housing prices up and to make their balance sheets appear solvent.
And if you think throwing the bums out and electing republicans is going to change anything you might think again. The damage has gone on for too long and is far too bad to ever correct. And the congress can neither override the Fed or make Obama stop the damage. We're going down.
posted by lugh lampfhota at 7:05 PM
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