The fecal wisdom of the business pundits shines so brightly sometimes. While the rest of the U.S. disappears under a tide of unemployment which trashes millions of lives, anything is evidence of a recovery.
The dollar dives, and that’s astute thinking. It’s also what gave other countries three-digit inflation, but it’s a “recovery."
The American housing sector, that trivial multi- trillion-dollar stamp collection of assets upon which most of the domestic economy bases its hilarious belief in its own existence, is feeling slightly unwell, Ms. Poppins:
According to
ABC's Peter Ryan:
With unemployment yet to peak, a new report on the housing slump shows that Americans continue to lose their home to foreclosures at a staggering rate - 425 an hour, or seven every minute.
The main topic of conversation in the chocolate factory? Goldman Sachs profit and bonuses. The actual economic situation was as usual drowned out in a side issue. It’s a bit like complaining about the entrée while the Titanic is sinking. Unbelievable as corporate America usually is, it’s a new standard in ever decreasing circles, even for the business media.
Meanwhile back on the good ‘ol Dis ‘N Franchise Chorale:
The import dependent US economy is apparently considered immune to inflation, despite rising costs for everything and a disappearing dollar. That’s “good” too. It’s evidence of something, apparently, presumably that dunghills can spell.
What are Americans earning under a million a second going to be buying their groceries with, notarized jellybeans?
Yeah, it’s great out there. Ordinary people can now drive their tents to the welfare office, maybe pick up a few takeout pandemics while they’re at it. The American Scream, incarnate.
This is an atrocity in progress, on Main Street in real time, and MSM can barely fit it in. How many food stamps does it take to spell “Idiots” from Hawaii to Maine? World War Two didn’t do as much damage to the American quality of life as this recession. Pearl Harbor and 9/11 combined didn’t cost this much money. The Vietnam War didn’t destroy this many lives.
I am going to keep asking: What are you paying these vacuous cockroach droppings in mainstream media for?
What recovery? Where is it? Who’s feeling “recovered” and why? Could you fill all the seats in a diner with them? How about a phone booth?
Wake up, you stupid bastards. You can’t afford to be in Kansas any more. If the housing industry does another nose dive, it’s going to take a hell of a lot of bank equity with it.
You’ll be sending flowers, not Treasury care packages.
