Thursday, October 29, 2009


500,000 people a week are claiming first time unemployment. This number has been consistent month after month. Some people are buying cars and houses, but only because the government is draining away what little wealth we have left to give it to the banks through subsidies to purchasers. The real unemployment rate is now close to 20%. 70% of our GDP is based on consumer spending. With the exception of those that are being paid by the taxpayer to purchase cars or houses no one is buying anything that is not absolutely essential. There is no REAL GROWTH; only growth that has been manipulated by a massive redistribution of wealth.

How can these bastards, these low life snake oil salesmen, these politicians and financial services pimps look at themselves in the mirror? They are purposefully misleading the American public in the hope that we will willingly turn over to them the little that we have left, including our freedoms. Then the bankers can pay themselves obscene bonuses and the politicians can pass giant pork laden, Constitution crushing, power grabbing legislation against the will of the majority of the American people.

They are placing the shackles on our wrists as they pat us on the head and tell us to be good little boys and girls; everything will be alright.


"The U.S. economy grew in the third quarter for the first time in a year, beating market expectations, as consumer spending and new home-building rebounded, signaling the end of the worst recession in 70 years.

The Commerce Department, in its first estimate of third-quarter gross domestic product on Thursday, said the economy grew at a 3.5 percent annual rate, the fastest pace since the third quarter of 2007, after contracting 0.7 percent in the April-June period.

The growth pace in GDP, which measures total goods and services output within U.S. borders, was above market expectations for a 3.3 percent rate. The economy last grew in the second quarter of 2008.

"Better than expected GDP is confirming that the Great Recession has ended," said Kevin Flanagan, fixed-income strategist for Global Wealth Management at Morgan Stanley in Purchase, New York."


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