Comments on: False Positive Signals For The Economy http://usawatchdog.com/false-positive-signals-for-the-economy/ Connecting the Dots to Give You A Clear Picture of What’s Really Going On Wed, 16 May 2012 16:48:25 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Greg http://usawatchdog.com/false-positive-signals-for-the-economy/#comment-525 Greg Mon, 21 Dec 2009 04:18:54 +0000 http://usawatchdog.com/?p=932#comment-525 Pat, What I hate is the media puts government statistics out in the news and never question their accuracy. This is a journalistic sin of the highest order! Thank you for your indepth comment. Greg Pat,
What I hate is the media puts government statistics out in the news and never question their accuracy. This is a journalistic sin of the highest order! Thank you for your indepth comment.

Greg

]]> By: Pat http://usawatchdog.com/false-positive-signals-for-the-economy/#comment-520 Pat Mon, 21 Dec 2009 04:18:35 +0000 http://usawatchdog.com/?p=932#comment-520 I absolutely agree with Mr. Williams. I am a retired Market Analyst. Do a small experiment...take your checkbook from last year and look at the trailing 12 of expenses vs. the twelve months before that. Take the Sunday paper food price specials and go to the library and look up the newspaper fiche from 12 months ago and look at the difference---I call this checkbook inflation...the Govt numbers are absolute lies and have been since 2000...inflation, employment etc... The second Real Estate crash is now in action and coming to a neighborhood near you by April 2010..1.1 trillion $ in Option and Alt A ARMS are resetting as I write and major amounts of defaults will hit the streets in April. It is set in concrete. Most of these mortgage contracts [asset values disappear--contracts never do] are underwater and do not qualify for Govt help. Commercial RE is also in for a fall--these failures are TWICE as big as the subprime, and the defaults will go on until EOY 2012. What do you think this will do to the banking system which has been raped by the Wall Street Owning Wealthy Elite? The consumer is toast--do you really think earnings are going to increase to pre 2007 levels? I absolutely agree with Mr. Williams. I am a retired Market Analyst. Do a small experiment…take your checkbook from last year and look at the trailing 12 of expenses vs. the twelve months before that. Take the Sunday paper food price specials and go to the library and look up the newspaper fiche from 12 months ago and look at the difference—I call this checkbook inflation…the Govt numbers are absolute lies and have been since 2000…inflation, employment etc…

The second Real Estate crash is now in action and coming to a neighborhood near you by April 2010..1.1 trillion $ in Option and Alt A ARMS are resetting as I write and major amounts of defaults will hit the streets in April. It is set in concrete. Most of these mortgage contracts [asset values disappear--contracts never do] are underwater and do not qualify for Govt help. Commercial RE is also in for a fall–these failures are TWICE as big as the subprime, and the defaults will go on until EOY 2012.

What do you think this will do to the banking system which has been raped by the Wall Street Owning Wealthy Elite?

The consumer is toast–do you really think earnings are going to increase to pre 2007 levels?

]]> By: ManAboutDallas http://usawatchdog.com/false-positive-signals-for-the-economy/#comment-519 ManAboutDallas Mon, 21 Dec 2009 04:14:52 +0000 http://usawatchdog.com/?p=932#comment-519 Do all you can in every way you can to hasten the inevitable final collapse; because, the faster the collapse can be brought about, the sooner it will be over, and the sooner the process of rebuilding a once-great nation can begin. Trying to reverse what is now in motion is akin to throwing good money after bad; it simply makes no sense. The inevitable can be forestalled only so long. To stand athwart the path of The Inevitable yelling "Stop!" is an exercise in futility, wastes one's time, and makes one look foolish in the process. Do all you can in every way you can to hasten the inevitable final collapse; because, the faster the collapse can be brought about, the sooner it will be over, and the sooner the process of rebuilding a once-great nation can begin.

Trying to reverse what is now in motion is akin to throwing good money after bad; it simply makes no sense.

The inevitable can be forestalled only so long. To stand athwart the path of The Inevitable yelling “Stop!” is an exercise in futility, wastes one’s time, and makes one look foolish in the process.

]]> By: Greg http://usawatchdog.com/false-positive-signals-for-the-economy/#comment-524 Greg Mon, 21 Dec 2009 04:13:49 +0000 http://usawatchdog.com/?p=932#comment-524 Dear Mr. Man I think you have time to save yourself and that is about it. Thanks! Greg Dear Mr. Man
I think you have time to save yourself and that is about it. Thanks!
Greg

]]> By: ManAboutDallas http://usawatchdog.com/false-positive-signals-for-the-economy/#comment-518 ManAboutDallas Mon, 21 Dec 2009 04:12:43 +0000 http://usawatchdog.com/?p=932#comment-518 "Two things only the people desire: bread and circuses." -The Roman satirist Juvenal- And 2000 or so years later, nothing has changed. Somewhere, Santayana laughs hysterically. “Two things only the people desire: bread and circuses.”
-The Roman satirist Juvenal-

And 2000 or so years later, nothing has changed. Somewhere, Santayana laughs hysterically.

]]> By: Greg http://usawatchdog.com/false-positive-signals-for-the-economy/#comment-523 Greg Mon, 21 Dec 2009 04:10:37 +0000 http://usawatchdog.com/?p=932#comment-523 Dear ManAboutDallas, Great comment! keepem coming! Greg Dear ManAboutDallas,
Great comment! keepem coming!
Greg

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