Monday, September 20, 2010

DOES IT FEEL LIKE THE RECESSION HAS ENDED ??? NO WAY

" Great Recession " over, research group says

http://www.msnbc.msn.com/id/39269753/ns/business-eye_on_the_economy/

PURE NONSENSE THAT THE MAIN STREAM MEDIA PRESENTS AS FACTS !!!

This is false news......


JOBless rate going up , up , up. Poverty level going up , up, up. Wages going down , down & even further down.Wall street a poinzi scam. Economy growth rate low. Deficit spending out of control. Blue collar JOBS gone to China, White collar customer service JOBS gone to India. Illegals flooding in driving wages down. There is no basis for any real recovery. It's all smoke and mirrors friends.

Millions out of work with no new JOBS on the horizon. A million forclosures this year ! Hell no the recession is not over folks.

The Late Great United States !!!

Anyone who actually believes that the economy is getting better has been smoking something. Things are not improving for the 19 million people who are unemployed, or the 22 million people that are underemployed.

Furthermore, those who are lucky enough to be working are only treading water, with no hope for any real wage gains. The government is broke at every level ,State & local, there is little real liquidity in the marketplace and the debt burden is now totally unsustainable. For the first time in over a century, the world's power broker is not the United States , it's China.

Like the Roman Empire from which our republic was modelled, we are now on an inexorable slide from which there will be no return. The result of which will be the creation of a vast thrid-rate nation that can not sufficiently provide for it's people.

This parallels the larger issue regarding the public's increasing anger, animosity and disillusionment which is proportional to the fact that less than 3% of the population now controls over 95% of the nation's $15 Trillion dollar GNP.

This entire house of cards is doomed to fail and we are now at that threshold looking into the abyss.

Pray to Good God Almighty for a miracle.

Right the recession is over & the REALLY GREAT DEPRESSION HAS BEGUN !!!

Wake up America !!!!

Let's fix this mess !!!!

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