Saturday, February 14, 2009

FALSE CLAIMS AND THE CLUELESS

As of 8:37 a.m. EST • Obama: Stimulus bill 'major milestone' Those (in charge) who think a spending bill will get us out of the mess we're in are showing they do not understand the problem. WILD claims of creating 3.5 Million jobs are made without any burdon of explaining where that number came from.

The FED shoved $1 Trillion into system in just the last several months.....to no avail,
http://research.stlouisfed.org/publications/usfd/page3.pdf has that process now topped, what a STEEP weekly decline!

http://www.urbandigs.com/2008/12/you_want_to_see_what_deflation.html Velocity

More amazing charts and VELOCITY explanation
http://www.ritholtz.com/blog/2008/12/the-velocity-factor/

HUMPTEY DUMPTEY END OF AN ERA OF EXCESS
http://www.economagic.com/em-cgi/charter.exe/var/togdp-totalcreditdebt

STEEPER DROP THEN PREVIOUS BEAR OR ON RECORD
http://www.economagic.com/em-cgi/charter.exe/var/vel-gdp-per-m1

If those in charge dont understand the problem, how can they fix it?

D

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