Sticking Pencils In My Eye

According to MSNBC
Recession ends in 79 metro areas
http://www.msnbc.msn.com/id/33312701/ns/business-eye_on_the_economy/

Meanwhile, back in the real world, 937,840 homes received a foreclosure letter of some sort, a default notice, auction notice or bank repossession, in the last three months. The worst quarter in history.

The Labor Department said Thursday that first-time claims for jobless benefits dropped to a seasonally-adjusted 514,000 from an upwardly revised 524,000 the previous week.

http://www.washingtontimes.com/news/2009/oct/15/new-jobless-claims-drop-514k/?feat=home_headlines

They admit in that statement they play with the numbers – and then use that as proof everything is coming up roses.

Yes the recession is over!

I am particularly enjoying this new and more transparent government, in which the Whit House now target private citizens and news organizations that don't push the party drivel without question.

And up until now, the free market always ran its course to determine what products would be available. Remember the whole Blue Ray / HD battle? Well, in the even increasing state of government control, those days appear to be over. California has decided that it will now tell you which televisions you will be allowed to have. Those big screens just aren't up to energy snuff. And by forcing you to buy want they want you to have, you will save a government estimate of up to $30 a year.

These are the same people that are considering banning black cars, because they say you will run your AC less.

Congress has changed the rules this week. Used to be you need 60 votes to pass a bill. But since they are hell bent on passing their ever changing Health Bill, now they say you only need 60 votes to break a filibuster. I wonder why no one knew this before?

Now here is a big surprise, NOT!

Geithner aides made millions on Wall Street
http://www.ft.com/cms/s/0/f012c4b2-b8f6-11de-98ee-00144feab49a.html

According top this piece, there is some missing gold. Most likely, them banks have been selling the same gold over and over to everyone.

Banks did not have the bullion to honor their contracted commitments

http://www.financialsense.com/fsu/editorials/kirby/2009/1009.html

JP Morgon, aren't they partnered up with the government now? Must be a coincidence.

And as we look around the world, the banks are dumping Dollars as fast as they can:

http://online.wsj.com/article/SB10001424052748704107204574470961505506386.html?mod=googlenews_wsj

Remember way back to when the Iranians tried to take their country back? And the President did not even address it for days. Then is came out he had been sending letters to the Iranian government trying to negotiate with them even when their election looked like a sham and they were killing their own people in the streets? Well, it all makes sense now.
Obama Cuts Pro-Democracy Funds for Iran
http://www.newsmax.com/headlines/obama_iran_human_rights/2009/10/14/272402.html

Ah, everyone's worst nightmare seems to be becoming a reality:

You Will Get Health Insurance at DMV—Literally (It’s in the Bill)

http://cnsnews.com/news/article/55450
Foreclosures: 'Worst three months of all time'
http://money.cnn.com/2009/10/15/real_estate/foreclosure_crisis_deepens/?postversion=2009101507

California appears poised to be first to ban power-guzzling big-screen TVs

http://www.latimes.com/business/la-fi-bigtvs14-2009oct14,0,4908205.story