and, it, merely, continues, thusly:
“…Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended.
The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.
Searches for the term were up four-fold when the recession deepened in the earlier part of the year, and the recent shift goes to show consumer confidence is higher, Summers told the Peterson Institute for International Economics.
Summers continued the administration’s push-back against critics of President Barack Obama’s handling of the recession, defending the economic stimulus package against Republicans who have tried to paint the program as a failure because it hasn’t stemmed the unemployment rate. ..” http://www.politico.com/news/stories/0709/25083.html
though, probably, worse than that, our happy Photoshopper, assuming “Professional”-status, has little conception of the Fact that he was paid no Money to produce this distraction..
Asian currencies continue to sell off vs the $ on the heels of the news yesterday that South Korea said they will look into hot money inflows stemming from the $ carry trade and the Bank of Indonesia said they are looking into the foreign buying of bills. This follows the news a few weeks ago that Taiwan was limiting foreign deposit holdings and Brazil was taxing foreign inflow transactions. As I mentioned yesterday, we may have reached a short term pain threshold in terms of $ weakness and foreign countries are fighting back as they certainly won't wait for...
July 18th, 2009 at 6:01 pm
Funny….except I don’t think Gheitner could mastermind his way out of a paper bag.
Did you happen to catch his speech in Saudi Arabia this last week….SouthPark episode waiting to happen.
July 18th, 2009 at 6:24 pm
I get nauseous seeing that pack of dunces
July 18th, 2009 at 7:02 pm
aren’t we missing a few? Like whats his name that ran the SEC? and the maestro? and CEOs of wall street? and banks? and that Graham? and a few others?
July 18th, 2009 at 7:02 pm
and the most likely? the CEOS of the rating agencies?
July 18th, 2009 at 7:38 pm
lol, this is funny, but Geithner isn’t really the mastermind.
July 18th, 2009 at 8:11 pm
The Rat Pack! Volume two.
July 18th, 2009 at 9:00 pm
You know what? That is pretty close to being on the money…..I mean our money.
July 18th, 2009 at 9:05 pm
Bush was no master mind either. He was simply a puppet whose strings were pulled by the masters, who aren’t even depicted here. A useful idiot.
Geithner is just a getaway car driver.
July 18th, 2009 at 9:31 pm
lol, i thot i pulled up the wrong website! ah, i’ve got a spectacular 6′6″ to add to the line up, but…
July 18th, 2009 at 9:44 pm
and, it, merely, continues, thusly:
“…Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended.
The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.
Searches for the term were up four-fold when the recession deepened in the earlier part of the year, and the recent shift goes to show consumer confidence is higher, Summers told the Peterson Institute for International Economics.
Summers continued the administration’s push-back against critics of President Barack Obama’s handling of the recession, defending the economic stimulus package against Republicans who have tried to paint the program as a failure because it hasn’t stemmed the unemployment rate. ..”
http://www.politico.com/news/stories/0709/25083.html
though, probably, worse than that, our happy Photoshopper, assuming “Professional”-status, has little conception of the Fact that he was paid no Money to produce this distraction..
http://clusty.com/search?input-form=clusty-simple&v%3Asources=webplus&query=Federal+Reserve+Notes+are+evidences+of+Debt
July 19th, 2009 at 10:57 pm
This is much better, I think.
July 20th, 2009 at 7:41 am
Came across this:
http://timesbusiness.typepad.com/money_weblog/2009/01/the-ten-men-to-blame-for-the-credit-crunch.html
Fuld and Paulson belong on any list of defendants. But, the “charges” are poorly drafted, IMO.
I stopped reading after Paulson, because it’s depressing. Not enough people are learning enough from this.