"You know what the news is-- in a minute, you're going to hear the rest of the story"- Paul Harvey
The DJIA closed down 93.87 points today, but closed above their worst levels of the day.
Right out of the box, investors got news that the jobless claims numbers are still horrible, foreclosures on prime mortgages and home loans insured by FHA rose to 30 year high, leading economic indicators rose less than expected, and basically all the cheer-leading about the economy was a bunch of bullshit.
Can anyone say, Double-Dip?
I will not use the term myself since I believe the economy never recovered from the recession in the first place. The short term lift in economic activity was nothing more than a blip on the screen. Obviously, the blip was helped by the printing of more monopoly money. While the Fed may have plenty of paper left, they are quickly running out of ink.
You are being lied to folks. That's as simple as I can put it.
Recently, Goldman Sachs CEO, Lloyd Blankfein made the comment that Goldman Sachs did, "God's work." How about the arrogance of that statement!
I think we should cut this little lady loose in the executive office of Goldman Sachs to teach these people a lesson- Video
We better be careful when criticizing Goldman, we don't want to make them mad, and have them push a button and crater the stock market.
There are several people who have paid the price for criticizing Goldman Sachs, and even the New World Order gang. Here are a few who paid the price, and a few who are still talking.
Dylan Ratigan- lost his job at CNBC, now with MSNBC.
Lou Dobbs- lost his job with CNN by putting into focus the New World Order Gangs agenda.
Glenn Beck- On the New World Order Gang.
Jesse Ventura- Has a new TV show coming out in December called "Conspiracy Theory"
Jim Rogers- Moved his family from NY city to Singapore.
