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alstry (36.27)

"Economic Crisis will turn into CASTASTOPHE"

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February 05, 2009 – Comments (9)

This ain't no not never an Alstry quote......it is from President Obama this evening

You think the President might be reading TMF?????

9 Comments – Post Your Own

#1) On February 05, 2009 at 8:56 PM, Seano67 (25.05) wrote:

Who knows to what levels the influence of Alstrynomics might reach? You might just have a friend in the Oval Office, dude.

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#2) On February 05, 2009 at 10:59 PM, GNUBEE (24.16) wrote:

Interesting,

In what context was this said?

Was it preceeded with a "If we don't act now..."?

 

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#3) On February 05, 2009 at 11:07 PM, alstry (36.27) wrote:

Just watch the news tonight...it is breaking news...CNN's current headline quote is...."This is not a Game"

Do you think President might be worried this may happen in America???? (pay attention to the statement at the end of the video)

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#4) On February 05, 2009 at 11:38 PM, retailsails (95.94) wrote:

Weren't we told that if TARP wasn't passed immediately the world was going to end - this sounds like eerily similar rhetoric - and Cheney is still yelling about another imminent terrorist attack - fear seems to be the only way they think any legislation will every get passed...

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#5) On February 05, 2009 at 11:39 PM, alstry (36.27) wrote:

What happens when  the $$$$ runs out???  Do you think our President is concerned???

From tonights WSJ....

A growing number of states are running out of cash to pay unemployment benefits, a sign of how far social-welfare systems are being stretched by the swelling ranks of the jobless in the deteriorating U.S. economy.

Unemployment filings have soared so high in recent months that seven states have already emptied their unemployment-insurance trust funds, which were supposed to see them through recessionary periods. Another 11 states are in jeopardy of depleting reserves by year's end...

Alstrynomics is makes no appologies for presenting the truth....without knowledge of the truth, there can be no democracy.

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#6) On February 05, 2009 at 11:56 PM, arboretum (28.54) wrote:

Unemployment is a lagging indicator. It also transfers the burden of low-productivity employees from companies to the state. As such, though it might be nasty for the unemployed, peaking unemployment is good for stock prices. Has it peaked yet, though?

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#7) On February 06, 2009 at 12:08 AM, adlib5 (< 20) wrote:

No we have another 5-10% to shed.

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#8) On February 06, 2009 at 12:35 AM, alstry (36.27) wrote:

Even Bill Gross is using "Depression" and "Castastrophe" in his conversations....

http://www.bloomberg.com/avp/avp.htm?N=av&T=Gross%20Says%20Trillions%20Needed%20to%20Avoid%20%60Mini-Depression'&clipSRC=mms://media2.bloomberg.com/cache/vGjczz_2wz7M.asf

Like usual, Alstrynomics gets there first....

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#9) On February 06, 2009 at 8:08 AM, dinodelaurentis (78.80) wrote:

I'd have to say that alstry said it in july, 2008 and you really can't get much better confirmation than the Goverment.

doesn't the goverment continually fudge the numbers so things look better than they are?

 isn't real unemployment, debt, and foreclosures worse than the goverment admits? have'nt i read numerous blogs @ The Fool about this?

things are so bad that the President (professional politician that he is) has to say THIS in public??!!

cup check please. ( i hope ya'll know something about fighting Mixed Martial Arts.)

a lot of folks say that alstry is doom and gloom.

i say that he ain't perfect. why he even offends now and then.

but i don't think that he is wrong.

 wait until the support systems for 500,000 families (a month!!!) wear out...

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