Saturday, May 16, 2009

May Flowers Wilt

It's a saying we have here in America (and New England):

April showers bring May flowers.

I see 'em struggling out in the yard with the
cold spring this year. I'm telling you right now, I know it is anecdotal, but we've rarely been in the 80s this month when we should be.

Hey, you decide for yourselves, readers. You can believe my on-the-ground sourcing or you can believe the lying, agenda-pushing paper.

What's true outside is true inside the
mall.

Also see:
Final Insults: The End of the American Economy (Part II)

"Unemployment claims up; Wall Street shrugs; Inflation remains under control" by Christopher S. Rugaber, Associated Press | May 15, 2009

WASHINGTON - A bit of sour news yesterday, in the form of increased jobless claims and higher wholesale prices, suggested the economy is moving in fits and starts even as the recession eases.

I'm getting tired of the bald-faced contradictions.

Related: April's Economic Showers

Some would call them lies.

Wall Street brushed off the reports, with stocks rising modestly....

"This is yet more evidence that we are now past the worst," Paul Dales, US economist at Capital Economics, wrote in a research note.

--more--"

I really.... you know, you need a lie? Turn to the AmeriKan MSM business press.

It's every day s***-shoveling 'round here.

WASHINGTON - Industrial production contracted the least since October last month and New York's manufacturing slump eased further in May, signaling the recession's grip is loosening....

Yup, LES WATER in the BOAT, but STILL SINKING!!!

You know, after a while....

Yesterday's figures signal that manufacturing is bottoming out.... This from the guys who took ten months hiding a recession. Now the feel-good, don't-get-upset, propaganda line is we are on the upswing.

God, am I sick of the lies.

That's why I stayed away from the computer and tv all day yesterday.

John Herrmann, chief economist at Herrmann Forecasting in Summit, New Jersey, referring to the manufacturing reports. "Weakness is dissipating and the economy is poised to grow...."

So is my anger and rage and the unceasing prop-push!!!!!!!

Stocks closed down, reversing gains following the reports, after Federal Deposit Insurance Corp. Chairman Sheila Bair's prediction that the heads of some banks may lose their jobs sent financial shares lower. Consumer sentiment improved for a third straight month in May, a private survey showed....

Well, we see how fickle is the select stock market (as the self-appointed big 30 go we all do?).

Excluding food and fuel, costs climbed a greater-than- forecast 0.3 percent, almost half of which reflected an increase in excise taxes on cigarettes, the Labor Department said.

--more--"

(Cough) What, (cough)?

I started smoking since I "lost" my job so I didn't hear that last bit.