Commentary: Recent data paint a picture of an economy slowing — sharply |
 The fledgling economic recovery appears to be running out of gas… The recent run of economic data is most compelling. Just about all of them paint a picture of an economy slowing — and sharply, at that… |
– both consumer confidence and sentiment have fallen unexpectedly;
– after-tax personal incomes adjusted for inflation have flattened;
– sales of both new and existing homes took a surprising stumble;
– orders for most durable goods are down;
– manufacturing has slowed;
– jobless claims are up;
– fourth-quarter GDP growth came largely from a slower pace of inventory liquidation, not from an increase in consumer spending; |
– and as a matter of fact, consumer spending weakened last quarter.
Understand that the changes in the data above were not insignificant:
– consumer confidence fell to a 27-year low; Read more at directorblue.blogspot.com |
http://hillbuzz.files.wordpress.com/2010/02/white-house-map-room-to-microphones.jpg
Question: Did the White House throw the Dalai Lama out with the garbage on purpose
http://bit.ly/dlxoVr
View close-up details on maps — click on images to enlarge … use + and — to
adjust size Consider the following headlines, with excellent visual accompaniment by Chrissy the Hyphenated, and chime in on if you believe the White House threw the Dalai Lama out with the garbage ON PURPOSE: |
| Oct 5, 2009 – President Barack Obama has refused to meet the Dalai Lama in Washington this week in a move to curry favour with the Chinese. |
| Feb 2, 2010 – China: Obama-Dalai Lama Meeting Would Harm Bilateral Relations |
| Feb 19, 2010 – China summons Ambassador over Dalai Lama’s visit |
Sometimes long-festering problems collide — and explode — in a single memorable year. We can go as far back as the fifth century B.C. to see this phenomenon — and we may see it again in 2010. |
In 480 B.C., a decade of Aegean tension culminated in the Persian invasion of Greece. Nothing seemed able to stop the onslaught of King Xerxes as he broke through the pass of Thermopylae — until the Greeks under Themistocles rallied at the sea battle of Salamis and saved the West. |
In A.D. 69, the Roman Empire was tottering on its very foundations. Rome had been rocked by decades of corruption, assassinations, coups and military revolts. By the end of 69, Vespasian — the fourth emperor that year! — had put an end to over a century of erratic Julio-Claudian rule when he brought sanity back to Roman government. |
| Fast-forward to the modern era. The rise of fascism erupted into war and conquest in 1939. That year, Franco’s Nationalists won the civil war in Spain.Read more at patriotpost.us |
| 1. The world and our economy is going to get uglier. The crushing debt will impact virtually every aspect of the economy. |
| 2. Real estate will get worse. As leases expire, malls and commercial property will get darker. |
| 3. Health care will pass, at least in some form. |
| 4. Lots of trade wars… and it will get ugly with China. |
| 5. Terrorism is a real threat… the politics of Gitmo and Holder have had an impact on our entire security infrastructure. Terrorists think we are weak and our own citizens will ask, “what’s the point?” If anything will truly impact the next presidential election, this and immigration will be the levers. Some jihadist will cross the border and commit a terrorist act and, all of a sudden, we’ll realize we are vulnerable. Combine this with the fact that illegals are taking jobs… and you will see another backlash. |
At any rate, it’s clear that Obama is much more willing to spend a reasonable amount of time at a $10 million estate in Hawaii than he was a week in Copenhagen, or even an hour in church on Christmas.
by Dan Collins
Read full post @ http://bit.ly/4Gm5WK I agree on one point that Mark Lynas makes in this Guardian piece: China’s cozying of Sudan is dreadful. |
| Having said that, I can’t pretend to be upset that China wrecked Copenhagen. |
| And if the unelected globo-rabble of Copenhagen were hawking the summit for what it was—a scheme to redistribute much of the world’s wealth, rather than an enormous fraud about saving the planet—I would have been less disgusted by the proceedings. |
| In his rush to exonerate Obama, though, Lynas overlooks certain facts. First among these is that Obama descended on Copenhagen at the last moment by design, to place his imprimatur on a deal that he apparently assumed would get done. |
Last year, a congressional commission studied how a high-altitude EMP strike would affect the nation’s infrastructure. The answer was simple: It would be devastating. The entire U.S. electrical grid might be gone and all the instruments of daily life that depend on electrical power useless. Life in United States, concluded the commission’s chair, scientist William Graham, “would be a lot like life in the 1800s,” except with a significantly bigger population. |
Just keeping modern-day America fed would be virtually impossible without working transportation or communications systems. Water pumping and sewage treatment plants would be off-line. Modern medical care would be virtually non-existent. Even if the rest of the world mustered the largest humanitarian mission in human history, the suffering would be unprecedented. |
EMP attacks are often thought off of as attacks against the U.S. infrastructure. But the truth is a large-scale EMP attack would be an instrument of genocide. Read more at www.washingtonexaminer.com |
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Economy is Dying, Thanks to Marxist-Democrat Policies
