- advertisements -
We Have Liftoff.
GS's actions on the economy:
Next come hand held thermonuclear devices.
No, I'm afraid this is more like it...
Promo for the single payer option.
Liftoff but you haven't cleared the tower yet
3 catch phrases come to mind, all 3 uniquely relevant.
1) Ha, ha very funny advertisement.
2) So what?
3) Who gives a shit?
Scene - Retail investors returning to the warmth of an economy "heading in the right direction."
In the old days all you needed to do was invade a small country, crank up the military industrial complex and voila--no recession.
Today we can't decide whether or not to invade a small country.
The real power are the prime banks; the Fed, Treasury are their handmaidens.
The GDP is a total govie goose move (and an ill conceived one at that). Positive GDP will not last unless they enact cash for cabin cruisers by the end of the year. Right.
Exhibit 5 is very telling: the growth RATE peaks almost 3 quarters prior to the actual GDP.
I believe there will be additional stimulus announcements coming from the government, as soon as the growth rate starts looking weaker again, just to continue supporting it.
Growth rate erosion does not need to occur first. The movement for moar is constant.
When GDP does fall the cries that exisit will turn into shouts...again.
"And unless the administration plans on essentially running the economy on one-time stimuli until the next presidential election, the bigger the artificial sugar high, the greater the subsequent crash."
and isn't that the problem? that they DO plan on a never ending daisy chain of one time stimuli? cash for clunkers... cash for washing machines... cash for new homebuyers... cash for existing homebuyers... etc etc etc
and isn't that the problem? EXACTLY!
I'm not sure where're going to last long enough to escort in a new President.
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