WHEN TALKING IS ALL YOU HAVE LEFT TO CONVINCE OF RECOVERY

Sec Treasurer keeps saying "we have a STRONG $ policy", yet their actions along with FED have substantially weakened the $ and cause commodity prices to skyrocket.

"Japan in recession after economy shrinks 3.7%- Bloomberg "
"Sears posts 1Q loss; Kmart, Sears sales weak- AP "
and do YOU really believe this?     "The number of people applying for unemployment benefits fell sharply for the second straight week, suggesting the job market is slowly recovering. " 



They say the economy is strong and creating jobs yet we have the weakest statistical recovery in history and 2 years in 9% "official" unemployment.

Now's a good time to buy a home they say, and rates are LOW, and prices have come down, the housing market they say is recovering.....yet we have the weakest housing data since it had begun to be recorded. And all this, housing Depression with historical efforts to resuccitate it.

Raise the deficit ceiling they say, but we have already maxxed out, even though they say there is wiggle room....when we already know MANY things don't even show up on the official spending scorecard, like certain costs of the war.

We were told Treasury needed a $trillion  to buy troubled assets to save economy and banking system, except once they got the money they gave it to the banks and instead passed an accounting gimmick that has allowed them to HIDE their losses from the falling home values which also INFLATES SPX FINANCIAL EARNINGS.

Lowest interest rates in decades, QE 1 and 2, and the only thing it inflated was stocks and commodities...speculators and the upper 10% CHEER the efforts, while savers and the other 90% see standard of living erode.

The $trillion stole from home equity spent on buying binge, is now supplanted by gov't deficits.....WHAT IS THEIR PLAN? SAME OLD PLAN, SAME OLD GAME...set match

Duratek