Tuesday, October 21, 2008

Better bolt your Laziboy to the floor, install some seat belts and go into full recline mode

Have you been watching the economic news. They are trying to sell the idea that the worst is over. The markets are stabilizing. We will have a few quarters of decreased economic growth in Asia and flat growth here, then World trade and commerce will rebound off this "soft" landing. Inflation is not a problem. Deflation is the problem we must combat. Lower interest rates. Inflate the debt and pump more money into the economy. Get Americans borrowing again. The dollar is strong and getting stronger. A second consumer stimulus program of several hundred billion dollars is in the works, probably before the new Congress convenes and the new President takes office.

What a load of crap. Watch out below!

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