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Saturday, October 17, 2009

IS THE AMERICAN ECONOMY TURNING AROUND OR GETTING WORSE

THERE CAN BE NO RECOVERY WITHOUT THE AMERICAN CONSUMER:
And things will get worse for him long before they get better. The consumer batttered not only by job loses and lower wages has lost his wealth. The collapse of the housing and stock markets destroyed whatever nest egg the middle class was able to put away. The good paying manufacturing jobs that catapulted many people to middle class status now belongs to China thanks to greedy corporate America and will not be coming back under the Obama administration. This a broken campaign promise big time.
So the recovery if it comes will be a phantome one that few people will see or feel.
WHERE IN THE ARMY NOW:
Even Ted Turner is calling the military a waste. And admiting the obvious that we lost in Iraq. Only Investors Business Daily thinks Iraq was a victory for the U.S. USA TODAY after losing 20% of its circulation finally has seen light and admits that the United States lost in Iraq.
PUTIN HAS THE MOST LOSE FROM A NUCLEAR IRAQ:
And yet he demands that sanction not be used against the Iranian Mullahs. Why? Because he has to save face and not appear to caving into the western demands.
IS IT TIME TO SHORT THE STOCK MARKET:
Yes it is. There will soon be a dip in the market or even a correction