Thursday, January 7, 2010

"Employment figures tomorrow to be skewed higher than should be by seasonal factors" –www.ShadowStats.com



FACT..........There is no recovery!

“The first three quarters of 2009 were the worst on record for states in terms of the decline in overall state tax collections, as well as the change in personal income and sales tax collections,”
More…



Billion not Trillion:
The next time you hear a politician use the word ‘billion’ in a casual manner, think about whether you want the ‘politicians’ spending YOUR tax money.
A billion is a difficult number to comprehend, but one advertising agency did a good job of putting that figure into some perspective in one of its releases.
A. A billion seconds ago it was 1959.
B. A billion minutes ago, the year was 1 A.D.
C. A billion hours ago our ancestors were living in the Stone Age.
D. A billion days ago no-one walked on the earth on two feet.
E. A billion dollars ago was only 8 hours and 20 minutes, at the rate our government is spending it.


Jim Sinclair’s Commentary
QE to infinity. MOPE will continue every day until it morphs into outright fabrication rather than simple spin.
If the Federal Reserve doesn’t remain the largest buyer of home mortgages, the U.S. housing market will collapse.


Jobless Numbers May Signal Next Risk: Inflation


Double-Dip Risk Seen in ‘Stall Speed’ Recovery: Stephen Roach


Pump Prices On Pace to Top 2009 High By Weekend

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