Fact is the government did lie about growth in late 90s. There was a little way way after the fact press release that growth was actually 3.5% for late 90s---but hey, who cares, after fact:) Lies work great in realtime, and when truth comes out, o that is old news, we want the NEW lies to swallow.
So unemploymewnt was down to 5.7% last employment report, do i believe it, not for a second.
<<Doesn't feel like positive growth to me with the flood of serious warnings.>> now that wasn't supposed to happen was it, like got to keep the propaganda going.
Chuck Hill of First Call over 3 months ago said the projected growth in SPX500 stocks for the 3rd and 4th quarter were hallucinatory.And he is being proven right but where are the screams at those multitude of analysts that were pushing these estimates,huckstering these estimates? No screams, public now focused an Iraq, can't pay attention that the WS hallucinations that were pouring out bigtime about the 3rd and 4th quarter since January.
But were they just wild optimism hallucinations, your just damned lies?
I say, they were more like just "damned lies".
Should read NYT today on Dell's new book accounting going on now . It's all just incredible Limtex.All of it:) max
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