Pigs, Swine, Pork...What's with this Euphemism or is it a Dysphemism?

peaceandlove · 08-01-2009, 01:39 PM

More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG

Arianna Huffington
Posted: July 28, 2009 12:01 AM

America, it seems, can't wait to get back to business -- risky business -- as usual. No matter how atrocious business has been.

Newsweek's latest cover story declares that The Great Recession is over. A Merrill Lynch report concurs, saying, "The recession is over...We are bullish on global equities." Goldman Sachs is placing riskier bets on the market than it did before the financial meltdown (and setting aside huge amounts of money to pay its executives).

The problem is, this victory dance is being done on top of the same shaky financial system that nearly toppled over, sending us all plummeting into the economic abyss. And while the market is over 9,100 (with another 10 percent gain predicted by the end of the year) and Goldman, Citi, and Bank of America are reporting multi-billion dollar profits, unemployment is heading to 10 percent, foreclosures continue at a rate of 10,000 a day, credit card defaults are hitting record highs, and states all across the country are cutting vital services to the bone.

We've seen this headlong rush to move on before. And it should be making us very afraid.

Continues: http://www.huffingtonpost.com/ariann..._b_245940.html

SOURCE: http://solari.com/blog/ Catherine Austin Fitts' blog

The End Of The End Of The Recession
Submitted by Tyler Durden on 07/26/2009 21:24 -0500

Zero Hedge, in collaboration with David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates, Inc., is pleased to release the attached analysis "The End Of The End Of The Recession." It is our hope that this piece will provide some badly-needed perspective on "the recession is over" debate, a topic that has become as one-sided as it is wrong-headed. Our purposes is to promote rational, informed discourse on the subject and to this end we enthusiastically solicit reader feedback. Our presentation is licensed "creative commons: attribution" and we hope that our readers will feel free to forward it on or excerpt from it freely, provided attribution is preserved.

The End of the End of the Recession http://www.scribd.com/doc/17712435/T...-the-Recession

Continues: http://www.zerohedge.com/article/end-end-recession

SOURCE: http://solari.com/blog/

08-01-2009, 01:39 PM	#1
peaceandlove Avalon Senior Member Join Date: Sep 2008 Location: Turtle Island Posts: 2,776	Pigs, Swine, Pork...What's with this Euphemism or is it a Dysphemism? More Pigs at the Trough: What Enron and WorldCom Can Teach Us About Goldman and AIG Arianna Huffington Posted: July 28, 2009 12:01 AM America, it seems, can't wait to get back to business -- risky business -- as usual. No matter how atrocious business has been. Newsweek's latest cover story declares that The Great Recession is over. A Merrill Lynch report concurs, saying, "The recession is over...We are bullish on global equities." Goldman Sachs is placing riskier bets on the market than it did before the financial meltdown (and setting aside huge amounts of money to pay its executives). The problem is, this victory dance is being done on top of the same shaky financial system that nearly toppled over, sending us all plummeting into the economic abyss. And while the market is over 9,100 (with another 10 percent gain predicted by the end of the year) and Goldman, Citi, and Bank of America are reporting multi-billion dollar profits, unemployment is heading to 10 percent, foreclosures continue at a rate of 10,000 a day, credit card defaults are hitting record highs, and states all across the country are cutting vital services to the bone. We've seen this headlong rush to move on before. And it should be making us very afraid. Continues: http://www.huffingtonpost.com/ariann..._b_245940.html SOURCE: http://solari.com/blog/ Catherine Austin Fitts' blog The End Of The End Of The Recession Submitted by Tyler Durden on 07/26/2009 21:24 -0500 Zero Hedge, in collaboration with David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates, Inc., is pleased to release the attached analysis "The End Of The End Of The Recession." It is our hope that this piece will provide some badly-needed perspective on "the recession is over" debate, a topic that has become as one-sided as it is wrong-headed. Our purposes is to promote rational, informed discourse on the subject and to this end we enthusiastically solicit reader feedback. Our presentation is licensed "creative commons: attribution" and we hope that our readers will feel free to forward it on or excerpt from it freely, provided attribution is preserved. The End of the End of the Recession http://www.scribd.com/doc/17712435/T...-the-Recession Continues: http://www.zerohedge.com/article/end-end-recession SOURCE: http://solari.com/blog/