peaceandlove
02-12-2009, 08:38 AM
Martin Armstrong: The Coming Great Depression
Armstrong Economics
The Coming Great Depression
Why Government Is Powerless
It is frustrating to read so many comparisons of our current situation with 1929 while watching policy be set-in-motion to create spending on infrastructure. Everyone has their hand out looking for a bailout like a bunch of street burns pleading for money so they can get drunk or stay drunk. Almost nothing of what I have read is close to being accurate. The scary part is depressions are inevitably caused by politicians who may be paving the road with good intentions, but are relying upon analysis so biased, we do not stand a chance.
Article Continues Here: http://www.kenkleinproductions.net/Financial_Climate_of_America_s/84.html
Excerpt:
It looks like someone forgot to tell the US equity markets that they were supposed to be "stimulated" by passage of the $825 billion and rising "stimulus" plan approved by the Dems in Congress last evening. Then again perhaps investors looked at the plan and were not "stimulated" by its details since all those digital TV's that it gives away money for are not made in the US but overseas. I did want to let the readers know that I sent in an invoice to the feds in the amount of $25,000 requesting a direct payment to me personally so that I could purchase a really nifty 4 wheeler that comes with a built in cooler for hauling cold drinks on those outings in the great outdoors. I will let you know when I get the check so that you can also apply. I am not worried about the cost because when I am gone from this planet I will be leaving it to my kids since they, along with their grandkids, will end up being the ones that are paying for this anyway.
Armstrong Economics
The Coming Great Depression
Why Government Is Powerless
It is frustrating to read so many comparisons of our current situation with 1929 while watching policy be set-in-motion to create spending on infrastructure. Everyone has their hand out looking for a bailout like a bunch of street burns pleading for money so they can get drunk or stay drunk. Almost nothing of what I have read is close to being accurate. The scary part is depressions are inevitably caused by politicians who may be paving the road with good intentions, but are relying upon analysis so biased, we do not stand a chance.
Article Continues Here: http://www.kenkleinproductions.net/Financial_Climate_of_America_s/84.html
Excerpt:
It looks like someone forgot to tell the US equity markets that they were supposed to be "stimulated" by passage of the $825 billion and rising "stimulus" plan approved by the Dems in Congress last evening. Then again perhaps investors looked at the plan and were not "stimulated" by its details since all those digital TV's that it gives away money for are not made in the US but overseas. I did want to let the readers know that I sent in an invoice to the feds in the amount of $25,000 requesting a direct payment to me personally so that I could purchase a really nifty 4 wheeler that comes with a built in cooler for hauling cold drinks on those outings in the great outdoors. I will let you know when I get the check so that you can also apply. I am not worried about the cost because when I am gone from this planet I will be leaving it to my kids since they, along with their grandkids, will end up being the ones that are paying for this anyway.