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Thank you again President Obama for leading our country out of its worst recession since The Great Depression.
Greatly looking forward to your re-election in 2012.
This has got to be one of the most retarded posts on CD. One would have to be incredibly unaware of current, recent and historic events to think that a single "good" day on Wall Street is an indication of continued economic upswing. I feel diminished at having read the OP, and I want my 10 seconds back.
Please wake me up if you can but I've yet to see any ''IMPROVEMENTS'' on our economy. Especially when we're sending 25M dollars in aid to Libyan rebels and we keep digging ourselves even deeper with debt.
The BDI is the forward indicator..not the big boyz trading on Wall Street.
BDI is a lousy forward indicator. A lot of the demand for shipping comes from stockpiling of raw materials by China and other Asian nations. Too much distortion from that. You can't get a good sense of the underlying global or US demand.
If you want a true picture of the underlying US economy you gotta look at the reports from the Association of American Railroads on rail traffic.
Please wake me up if you can but I've yet to see any ''IMPROVEMENTS'' on our economy. Especially when we're sending 25M dollars in aid to Libyan rebels and we keep digging ourselves even deeper with the debt.
I am so sick of hearing the word "recovery" from the media and Obama supporters. THERE IS NO F-ING RECOVERY! Things are getting worse and worse for most Americans. Wall St and oil speculators are having a party but you and I are left out of it. That will end when QE2 ends providing traitor Bernanke doesn't move on to QE3. I guarantee that by next election, things will be looking so bad that Obama will be ousted in a landslide. Think the election of 1980 or 1932. During a severe crisis, states won't vote their red/blue pattern on social issues. He had 4 years to fix this mess and there hasn't been even a hint of real improvement.
BDI is a lousy forward indicator. A lot of the demand for shipping comes from stockpiling of raw materials by China and other Asian nations. Too much distortion from that. You can't get a good sense of the underlying global or US demand.
If you want a true picture of the underlying US economy you gotta look at the reports from the Association of American Railroads on rail traffic.
To each his own. I do agree with watching rail traffic though.
I also keep my eye on port traffic numbers.
I am so sick of hearing the word "recovery" from the media and Obama supporters. THERE IS NO F-ING RECOVERY! Things are getting worse and worse for most Americans. Wall St and oil speculators are having a party but you and I are left out of it. That will end when QE2 ends providing traitor Bernanke doesn't move on to QE3. I guarantee that by next election, things will be looking so bad that Obama will be ousted in a landslide. Think the election of 1980 or 1932. During a severe crisis, states won't vote their red/blue pattern on social issues. He had 4 years to fix this mess and there hasn't been even a hint of real improvement.
I find it funny how people go around saying he's going to be elected, and that he has helped keep the recession ''under control'' .
Under Control my ass, this thing is getting worse and worse by the minute, It's the media's job to let the public know that it's getting better so that nobody panics but i sure as hell ain't falling for their lies.
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