LARGEST JOB LOSSES IN 50 YEARS WILL LEAD TO ECONOMIC REVIVAL

You know this, but seeing it put this way Is startling

David Rosnick Unemployment Climbs to 9.4 Percent http://www.truthout.org/060609Y
David Rosnick, The Center for Economic and Policy Research: "Employment is now down 6.0 million jobs from its peak in December 2007- the 4.3 percent decline reflecting the largest relative loss of jobs in over 50 years."

Now if our new GREEN economy is going to “grow” (will it?) 2 mil no 3…no at last 4 million new jobs…wierd we seem to be LOSING jobs not gaining any jobs….. the ROSIEST gov scenario we will be LESS near 2 MILLOIN jobs (and counting ! wooooffff). Gov officials expect unemployment of OVER 10% at peak.....and suspect actual HIRING will recover VERY SLOWLY.

Take at LEAST 2 million OFF the consumer dependent economy even under a rosey scenario (down the road)…..LOTS of GOV “ASSumptions” were made with 8.5% unemployment, one of which was how the STRESS TESTS were based.

SO what is driving economy and stock market valuations here? a horrible kerplunk is possible. I would LOVE to be the first person to be cheery and write fun stuff, happy stuff....but this is what you get....this is what I see....I love my country (I just don't like some who run it!) I think the avg American just wants to left alone to do their thing, not TOLD what to do OR RELY on the GOV for EVERYTHING....shit they can't even take care of them selves. And they screw up almost everything they touch.

FREE MARKETS? what is that... SO MF'er if you're going to try and HELP!!! give us access to some freakin loans!!!! HOW is this thing turning around with STruever BRos shutting down their contruction projects? "can't get bank loans" A BLEEP (cursed enough I guess) BLEEP joke!

But we GAVE $TRILLIONS to THE BANKS.....they are (some of them the CHOSEN ONES) FAT DUMB and HAPPY and can make money DOING NOTHING, RISKING NOTHING so why LOAN????

We got K Winter going on here and it ain't done til it's done and g-d HELP us if THEY are making it last longer and worse.

Duratek