That's Why I Say Hey Man Nice Shoot

[cieldumort]

The following is a collection of excerpts that challenge most of the main stream media's and stock seller's assertions that recovery is, if not already here, right around the corner. And guess what? These guys back up their opinions with facts.

Mish Shedlock
Optimistic Unemployment and Housing Forecasts Looking Downright SillyEconomics may be the

Comments

[kayjayuu]

I must admit I do not understand the (mainstream) media's refusal to even look at (let alone mention) the hard numbers, and their complicity in lying about where we are as a nation in recovery.

[cieldumort]

The whole time we were going into recession the MSM was mostly: "We might fall into recession if this keeps up.. blah blah blah

Now that we are not falling as fast, most of the MSM seems to be taking the line: "Unemployment rises even after recessions end, so this is perfectly normal... blah blah blah

It makes ones head hurt

[jimmywitz]

The soaring debt is the greatest poison. It is one thing to have a large debt in a rapidly growing and young country, it is another to have a large and growing debt in a maturing country facing an aging population which will place huge strains on the social networks. Fed Chairman Ben Bernanke sounded off on this subject this week in Congress...It would be wise to look carefully at the causes of the soaring debt, and understand it, in order to be able to correct the situation. After all, a problem cannot be solved until it has truly been identified

[cieldumort]

yep yep