Of course the analysts from Goldman Sachs is going to say macroeconomic activity is improving.

By Daniel at 6 January, 2010, 1:06 pm


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Yet, when you look at the real numbers EVER economic indicator is down and still off at least 10- 15% from 2007 when the “recession” started. How can anyone from Goldman say things on their end of the world haven’t improved? IF I had an unconditional bailout from the government, was able to run up huge profits during “boom” years, and turn around and drop massive losses on taxpayers during contractions I would have a @#$%&!-eating grin on my face to. I don’t see how anyone can expect real investor confidence to return to these markets, or the economy when we are still in the death grip of big finance. It’s no longer about sound fiscal, monetary policy. It’s no longer about what’s right for the American public. Only about pacifying and pleasing the interest of corporate America and big finance, and the small elites at the top of the income bracket who bankroll our non-representing, cowardly, “leaders” in the congress. I can’t hold a place in my heart for any in corporate America when they ship 99% of jobs overseas - hell even Direct-TV has call support in India. We need AMERICAN JOBS IN AMERICA NOW!

Oh sure, lets look at another “survey” lets follow like sheep right off the cliff, and into the abyss after looking at “confidence” from yet another rigged and manipulated poll. Lets just add some more debt, print more money and “hope” we don’t get hyper-inflation. Lets refuse to look at the real numbers (which are available on government websites). Lets pass another $2 TRILLION budget that we have absolutely no way of paying for. Lets all act like turbo-tax Tim Geithner and refuse to admit that this government is going to be HAMMERED by less tax revenues collected this year. The housing market is definitely not going to stabilized anytime soon. I’ve been to Tampa, Orlando, Miami and Jacksonville and there is a HUGE supply of homes, excess inventory sitting, banks reusing to mark assets down to current market levels. It’s really pathetic and sad. This administration like so many before, don’t care about the American people they only care about themselves and corporate Americas “profits.” Absolutely appalling that these people can get away with destroying this country.

And here is a quote for today….
“A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.”
President John F. Kennedy

- ImpendingDoom


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