The perfect economic storm that melted the economy:
A trader's comments on what caused it, why he supports Obama to fix it, and why he supports higher taxes as part of the cure.
When he saw conflicting economic data in the media, he KNEW something was amiss:
"If one paid close attention to the GDP and other economic metrics during the past eight years it was very obvious that the increases (as reported) in GDP were not on the up and up. The six most incredulous facts were:
1. Ever increasing worker productivity
2. The incredible mountain of debt Americans took on
3. There was not a sustained decrease in the unemployment figures (out of the last 32 quarters, only a handful showed a decrease)
4. No appreciable increase in wages above and beyond inflation
5. The housing bubble
6. When you delete home equity from the equation, 80 to 85% of Americans are broke and in debt over their heads."
Bisphenol A has also been associated with childhood obesity. As much as the right would love to blame the "lazy" parents and the left wants to blame" evil"fast food, there is growing evidence this chemical may play a role. Just google Bisphenol A and childhood obesity.
http://rawstory.com/news/2008/Supreme_Court_rejects_GOP_bid_against_1017.html
According to that, he's "Samuel Joseph Wurzelbacher" -- but he's listed on Ohio voter roles as "Worzelbacher"! It's only a short stretch from there to "Waziri" which could make him a Pakistani, or to "Baluchi," which could make him an Iranian!
Okay, okay, here's the obligatory emoticon: ;-)
Come now, Fox has no credibility, at least with me.
Maybe Ms. Miller will do to Fox what she did to the NYT: destroy it's credibility, at least for a while.
zrants
The perfect economic storm that melted the economy:
A trader's comments on what caused it, why he supports Obama to fix it, and why he supports higher taxes as part of the cure.
When he saw conflicting economic data in the media, he KNEW something was amiss:
"If one paid close attention to the GDP and other economic metrics during the past eight years it was very obvious that the increases (as reported) in GDP were not on the up and up. The six most incredulous facts were:
1. Ever increasing worker productivity
2. The incredible mountain of debt Americans took on
3. There was not a sustained decrease in the unemployment figures (out of the last 32 quarters, only a handful showed a decrease)
4. No appreciable increase in wages above and beyond inflation
5. The housing bubble
6. When you delete home equity from the equation, 80 to 85% of Americans are broke and in debt over their heads."
Bisphenol A has also been associated with childhood obesity. As much as the right would love to blame the "lazy" parents and the left wants to blame" evil"fast food, there is growing evidence this chemical may play a role. Just google Bisphenol A and childhood obesity.
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