"Your mother's dead, before long I'll be dead, and you...and your brother and your sister and all of her children, all of us dead, all of us..rotting in the ground. It's the family name that lives on. It's all that lives on. Not your personal glory, not your honor, but family." - Tywin Lannister
Frederic Bastiat When law and morality are in contradiction to each other, the citizen finds himself in the cruel alternative of either losing his moral sense, or of losing his respect for the law. - The Law Government is that great fiction, through which everybody endeavors to live at the expense of everybody else. - Government
As I was reading the pages of this thread I thought I was going to come across a well thought out response to Jordan telling him point by point why he is and has always been dead wrong with his predictions of the US economy and where its heading. Didnt find that and im too lazy to write one myself.
FED Money Printing Boom?
75,000 pages of IRS Tax Boom?
Obama's gazillion taxes and fees Boom?
Artificial Propping up of Banks, Markets and Treasuries Boom?
Only Boom I see is government/bankster induced: Inflation
The American Dream, Wake Up People, This is our country! <===click
"All eyes are opened, or opening to the rights of man, let the annual return of this day(July 4th), forever refresh our recollections of these rights, and an undiminished devotion to them."
Thomas Jefferson June 1826
Rock The World!
Quiz: Test Your "Income" Tax IQ!
"No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please." Author Unknown
What has always made the state a hell on earth has been precisely that man has tried to make it his heaven. -Johann Christian Friedrich Hölderlin
GDP Shows Surprise Drop for U.S. in Fourth Quarter
The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus.
The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company stockpiles.
The Commerce Department said Wednesday that the economy contracted at an annual rate of 0.1 percent in the fourth quarter. That's a sharp slowdown from the 3.1 percent growth rate in the July-September quarter.
Booming like the roaring twenties I see.
I expect the next two to be worse.
This ra ra the economy is great shit is getting tired.
2000 Dot.com bubble burts
2002-2006 "The greatest story never told" (because it wasn't a real economic recovery, just housing inflation asshole)
2007-2011 The Great Recession
2012-Present "Shit's not so bad, we have some imaginary GDP growth, inflation, and by 28 year old still lives at home and works part time at Friday's, but we're in a solid economic 'recover'"
Sometime in the future: mega-recession if not depression
We're watching America collapse. You will never see it as good as the 90s ever again, end of story.
Yeah Friday's sucks but you just gotta believe in America first, then everything else just comes.
If military spending is the only thing keeping GDP growth rates positive then we are in big trouble. And we are only talking 40 billion here.....
America is back? Did you get that from Porter Stansberry?
Give Jordan and his well researched views some credit.
"Freedom, then Pizza!" - Oklahoma State GOP Convention 5/11/2012