I fear that our slide is not over yet!
You are right samD, and our beloved POTUS wants it that way!
Unemployment is supposed to keep rising to around 10.7%. Oil prices are going up. The housing situation is only marginally better than it was. CIT just declared Chapter 11 bankruptcy, with the government (us taxpayers) losing money that we'll never recover. Banks keep being closed down by the FDIC. The Dow crowding 10,000 doesn't mean shit to me. The stimulus didn't stimulate me. Geithner can talk all the shit he wants about how we've turned the economy around - tell that to the unemployed & underemployed. He's a fucking shill. Nobody in the administration seems to know what they want to do in Afghanistan. They still say they're sticking to their timetable as to removal of all combat troops in Iraq, regardless of the situation there. They don't know whether to shit or go blind, so they'll just close one eye & fart. Congressional approval rating is down below 30%, maybe below 25% - depends on whose poll numbers you see. Who the hell CAN have any confidence & security with the situation we have?
Ecaman, my friend you forgot the scarry part...true.
For the first time ever our debt is not actually backed. Instead it's
"monitized". In other words were just printing bucks.. This has never worked in the past for any nation thats tried it. Course might be diffrent
now..Yeah right. All i remember is what a big deal the debt was..and now what its like 4 times more. Where the hell is Katie, and that bar of hers.