Sunday, June 14, 2009

WEEKEND POST

WALLSTATS.COM will show you where lots of our tax dollars are going.

Until proven different we are in the TAIL END of a raucus bear market rally, where the S and P 500 has already banked a 40% rise off the lows, which sounds impressive and still leaves near 50% below the highs.

Have the pieces been put in place, that wil allow 2nd half meaningful growth and lead us OUT of Recession after what 18 months of pain and losses and be sustainable. Unfortuantely I don't believe so.

Until we have meaningful credit growth again and business investment and turn job losses in to job hirings, how can we be headed to economic revival?

There is a MAD scramble to fund debt, and it seems to me our very own GOVERNMENT is crowding US OUT!

Until the PRIVATE SECTOR is treated with respect and Obama outs aside his unsustainable expansion of Government and Gov funded programs, to which we can't even keep up with what is already promised......more pain ahead.

D

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