Friday, October 8, 2010

Hahaha…

You are all screwed! Mwa ha ha!

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The Federal Reserve needs to pump at least $6 trillion to $7 trillion more into the U.S. economy to have any meaningful impact on sluggish growth, former Bush economic adviser Marc Sumerlin told CNBC.

Of course Timmothy Gaitner agrees, although he’s arguing that only $1 trillion is needed. His goal is to pump up U.S. stocks, which he will do in the short run (now), in the long run however we know where this path leads. The Weimar Republic and Zimbabwe have walked that road before alongside other failures from history.

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Nobelist Paul Krugman, a New York Times columnist, and Harvard's Martin Feldstein, the former chairman of President Reagan's Council of Economic Advisers, achieved an unnerving degree of consensus about the future during an economic forum in Washington. Their views were shared by a third economist, Jan Hatzius of Goldman Sachs, who said the only economic scenarios he could visualize were either "pretty bad" or "very bad."

The consensus? Another war could save the economy…

Hahahahahaha…

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As I mentioned in another post the U.S. economy lost at least 95,000 jobs last month. (The real number is of course a lot higher.) But do you know what happened? The stock market went UP because "it will prompt the Federal Reserve to spur economic growth."

Hahaha…

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I am dying today. This is so hilarious. Millions of people will die, and practically the entire globe will suffer greatly for decades to come, and all these idiots want to do is to make matters worse.

Please remember the names above. I have pointed out others before and the hit list should be pretty long by now. Maybe you don’t believe you’ll need it today, but I promise you when you’re roaming the countryside in the future scavenging for food and trying to find a job, you’ll be happy you have that list… someone to blame, someone to string up…

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