its official,we are in a recession,,for a year now...

WOW, so doesnt that mean another quarter or so we will officially be in a depression??

gotta love the government,a month ago we were not in a recession,now we have been in one since december 07.

It's official: Recession since Dec. '07

 

Yes, our corrupt government kicks ass....yes, love 'em. NOT....

 

That is fuckinese for we told you to spend spend so we could cash out our 401k's, stocks and get our accounts balance in metals and world items.

 

Some breaking news right there

 

We're all Fucked.........and I'm not being sarcastic.

 

hey now,they thought they were telling us something we didnt know,,,

 

:cheers2::cheers2::cheers2:

 

funny how the last recession was in 2001 and ended right after the bombings of the twin towers. I was selling cars then and right after that all the interest rates went to 0% and we sold the most cars ever in 1 month for the dealership which had been there for 75 years. Nothing like a catastophe to boost the economy.

 

Yes it makes no sense to consider

Unemployment benefits running out before a person found a job
Welfare applications increasing
Credit debt mounting
Bankruptcy increasing
Forclosure and repos increasing
Companies cutting jobs to keep same level of profits
Companies cutting productions of goods from lack of demands
Charities dealing with greater demand but less support
More homeless

No none of that is a measure of our economic state.

 

this time they are planning one for the opposite effect..

 

Exactly and so did other wars and events boost other times on that table. Scared to think what would be allowed or created to create another boost??

 

its not a boost they have in mind this time around i dont believe..

 

Will be a boost for some that pull the strings.

 

US National Debt: over 10 trillion (and increasing)

That's $35,000 for every person.

Boost the economy with what?.........

 

While still paying for 2 wars ongoing. I used to know the amount being spent daily but cant remember it and the foreclosures, oh the foreclosures. Where I live, they are everywhere and most of it was caused by refinancing. People taking 50 grand out of their house to live the life of the rich and famous..thinking their equity is always going to grow. Getting an adjustable mortgage on the refinance, then it adjust and bamm, too much to handle. Foolish. I have a friend/work associate who bought a house a few years back for 900k and now that same house is worth 280k and still going down.

 

actually thats the makings of a credit default and the total collapse of the federal governments financial system ushering in a new world financial order and destitution for america..

we have so much to look forward to,..

 

I'm thinking something similar to Japan, where they lowered the interest rate to 0% for years. I think this will take years to work itself out everything is so screwed up.

 

I bet some people have made sure they cleared thier US cash into gold and such before they released info and made sure it was tabled too until they did. I think its called a "black out order"

 

oh no,this is far worse than what japan went through.

ive been studying this for over a year and i am 90% positive that i know what will take place .the information is out there,the truth about it all if you care to look beyond the main stream media.

 

Okay you think that they puppet masters allowed Obama in office just to discredit that race more?? I mean lets face it people are stupid in general and even though shit was already FUBAR they will still blame the leader for the failure.