Benny Bin Laden and 9.09
If a terrorist is one who wants to destroy the feedoms of others....no one fits the definition better than Benny. Benny is one of the ring leaders behind the creation of the Zombulator. From the man who brought you subprime is contained now delivers the recession is over?
Based on what?
Rising Job Losses?
Wages being Slashed?
Tax receipts evaporating?
Cities suffering their worst economic and social crisis in over 100 years?
How about evaporating revenues as now finally being highlighted by the WSJ:
As stock investors turn their focus to earnings prospects for the second half and 2010, they are zeroing in on one of the market's biggest challenges: lackluster corporate revenue.
The market barreled ahead this summer and is hovering near its high for the year, fueled in large part by stronger than-expected second-quarter earnings. But a significant driver of the good news was cost cutting. Many companies posted disappointing sales.
"You can not simply cut costs forever to have sustainable earnings. You need revenues to grow them over time," says Dirk Van Dijk, chief equity strategist at Zacks Investment Research. However, "it's going to be really, really tough" to increase revenue in the current economy, he says.
Sales among companies in the Standard & Poor's 500 stock index fell 16% in the second quarter from a year earlier, following a 14% decline in the first quarter.
Sales...who woulda thunk sales were important...unless of course you were selling stuff.
S&P SALES DOWN 16%??? AND THAT IS WITH GOVERNMENT RUNNING A ENOROMOUS DEFICIT driving tons of revenues to the S&P companies!!!!
Isn't a depression only a 10% decline in GDP...but sales to the S&P are down 16%??????? What happens when government has to be fiscally responsible as tax recepits evaporate????
And Benny Bin Laden is telling you the recession is ending? Why is he allowing the banks to raise interest rates on the citizens while bailing out the banks? Does he give a damn about anyone but his banker buddies? What does Benny know? Is he planning to make our currency worthless?
If our currency is worthless, we all become financial slaves as Benny unleashes a destructive force on our country that Osama could have only dreamed about.
Now with Cities, Counties, and States cutting dramatically, how can things be improving if everyone is cutting???????? and practically everyone is cutting from families, to business to government to imports and exports.
Now the question is whether Benny B. lying to you and why.....is 9.09 the reason?