Wednesday, June 1, 2011


We need to find real yield and real returns on these assets. You see bad data, you see Treasurys rally, you see all bonds and all fixed-income rally and then the people who are betting against the U.S. economy start getting bearish on stocks. That’s a huge mistake."

"Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything," Yastrow said. "We’re on the verge of a great, great depression. The [Federal Reserve] knows it.
"We have many, many homeowners that are totally underwater here and cannot get out from under. The technology frontier is limited right now. We definitely have an innovation slowdown and the economy’s gonna suffer."
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  1. gunna be a long hot summer. all theater to in time do another QE.

  2. wonder when the riots start.

  3. if thier baffeld by the economey wait until gold is 6000 and silver 300
    they will be really baffeld
    useless traitors

  4. I'm already in my great depression having been laid off recently.

  5. 2:09 don't worry; we'll figure out how to get you 99 1/2 weeks of worry free mailbox money,
    followed by another 9 week job displacement
    program. Which will be followed by your very own caseworker for another 52 weeks for qualification of displacement.

    After 3 years on the dole; we will tell you which FEMA camp to head for. There you and your
    family will be looked after like your one of our own!

    P.S. The toilet paper is also made ----------

    In China !

    Happy wiping to all

  6. Anonymous said...

    I'm already in my great depression having been laid off recently.
    June 1, 2011 2:09 PM

    Sorry Bro..hope you find work soon

  7. "Happy wiping to all"


    Although it's hard to find a good job, at least one making near what you used to make before you got laid off (I'm speaking to anyone who may be laid off like my spouse was), it is possible to get a lower paying one, if you're out of unemployment. It's also easy to get a free college or technical school HOPE grant if your state has them, and learn trucking for two months, or something else. There are tons of trucking jobs out there. It's possible unless of course you've been a bum all your life, who never thought grades were worth putting any effort into. In that case, what goes around comes around. You should have thought of that ahead of time!

  8. LOL! Lisa you're so funny. Thank you for trolling the site with your senseless spam.

  9. So what happened after the boiler explodes on the Titanic ?

    Answer from wise sage in movie Jaws: "You go in the water, shark in the water, you become fish food..."

    After these economic boilers explode on the Titanic, nothing left to do but to head into the water and hope the sharks aren't hungry...

    Good Luck, America, glub glub time.

  10. Yes Lisa it’s a real pity everyone is not as smart as predicting, planning and preparing for the future as yourself and your two worker family marriage.

    On a personal note though ,how come a superior cleverperson married such a bum ,so little skilled at making a profit for his masters when the economy folded, that he was laid off, but did not have the sense or foresight to think of that, ahead of time say to marry a banker ?

    Oh well, smug American ugly does as ugly must?

    You say:

    “There are tons of trucking jobs out there. It's possible unless of course you've been a bum all your life, who never thought grades were worth putting any effort into. In that case, what goes around comes around.
    You should have thought of that ahead of time!”

    So ,anyway hubby has got put out to work .

    a minimum wage job as a burger flipper or has he become a truck driver delivering toilet paper now ?

    That will be good until full austerity and the FEMA camp markets cut in on the toilet paper delivery market.
    But think ahead of time!
    Take out some credit and buy him the truck,there are real truck bargains to be got out there now, or invest in the trucking business the economic opportunities for those prepared to work 80 hours or more a week are great in this recovering economy.!

    Good high wages jobs not so much opportunity .

  11. He now works for an engineering company that does work for NASA.

  12. 8:53
    Lisa, NASA is laying off workers. Contract works will be far less, unless your husband working as a janitor.

  13. Sucking on the government military teat
    An unproductive .unprofitable military industry complex cold war relic, paid for by deficit spending ,that once made some nice “live” video broadcasts of moon landings by plastic walled lunar modules , but it has now lost its plans for building such high tech vehicles and so now relies on Russia for high level spacewalk shows as its own low level space shuttles are obsolete now too.

    No More Men on the Moon for NASA
    Obama has just told NASA that they won´t be able to visit the Moon, as he´s eliminating the space program´s manned Moon missions. When the budget is released on Monday, a big hole will be in place of what was once NASA´s funding.NASA will be receiving $5.9 billion over the next five years, some of which will extend the life of the International Space Station to 2020. But Obama wants NASA to now concentrate more on Earth-science projects, such as monitoring climate change.NASA´s Constellation program was going to usher in a new generation of spacecraft for human spaceflight, but now it seems they will outsource space flight to other governments such as Russia orbiting space station .

    Anyway ,for those that like the old time conspiracies and are getting bored with the newer 911 bin laden dun it conspiracy theories you can, for a bit of NASA fun ,refresh your mind here with actual images of the Mylon plastic walled super duper portable rendezvous computing power equiped "Jetson style" moon landers here!

    "While what is depicted in the images may initially appear, to the untrained eye, to be some kind of mock-up that someone cobbled together in their backyard to make fun of NASA, I can assure you that it is actually an extremely high-tech manned spacecraft capable of landing on the surface of the Moon. And incredibly enough, it was also capable of blasting off from the Moon and flying 69 miles back up into lunar orbit! Though not immediately apparent, it is actually a two-stage craft, the lower half (the part that looks like a tubular aluminum framework covered with Mylar and old Christmas wrapping paper) being the descent stage, and the upper half (the part that looks as though it was cobbled together from old air conditioning ductwork and is primarily held together, as can be seen in the close-up, with zippers and gold tape) being the ascent stage..."

    Still NASA has war and spy satellite assets and so is diversifying into the global warming prediction business and “ Homeland Security” to eavesdrop on Americans telephone conversations in the terrorist finding business, where everybody is a suspect terrorist brother of bin laden .
    This is mainly software stuff that can be offshored to Bangalore.
    So I do not see much work for cleaning contracts with a real engineering company there in the future, as the government needs its deficit spending money to bail out banksters and the interest bill on ol Treasury bonds that financed past wars and trillion dollar NASA costs no wonder that NASA faces austerity and cutbacks as the old mylar role has run out. .


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