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..
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.
The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. —Jesse Livermore
Following the essentially in line NY manufacturing survey, the Mar Philly manufacturing # was also about in line at 18.9 vs expectations of 18 and up from 17.6 in Feb. The components were mixed though. New Orders fell to 9.3 from 22.7 but follows a 3.2 reading in Jan. Inventories went negative again to -11 from +3.2 in Feb and is below zero for the 29th out of the last 30 months. The positive was the Employment component which rose 1 pt to 8.4 and is at the highest since Aug '07. Backlogs rose 2.6 pts but were still below...
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.