Comments on: Reich: It’s a Depression

By: Baba Rum Raisin

Baba Rum Raisin — Sun, 05 Apr 2009 05:45:30 +0000

I lived “off the grid” for a few years, so I made the following arrangements here in Suburban-Driving Suburbia:

Both 6 cylinder cars are paid off, there are enough veggies and tomatoes planted to eat and trade. Bought canning supplies, extra lids, enough jars for Heinz on a MOnday morning. Hand tools that don’t plug into the wall. Solar water heating, small generator, bankable amounts of propane. PV panels and a couple of Deep Cycle batteries. Smoker, BBQ grill, extra tires, lube oil, etc for the cars.

Dutch ovens, cast irons skillets, 5 gallons of olive oil and a like amount each of canola and rapeseed. Five gallon tub of popcorn.

Sturdy shoes that haven’t seen the light of day yet, as well as a dozen pairs of Levi’s, lotsa hoodies, leather work gloves, welding rods, nails and materials for patching and repairing. Extra burners and igniter parts for the gas range in the kitchen. 12 Volt TV and DVD player.

Medical kit extensive enough that I can do an appendectomy in a pinch.

And, I am downhill from the City’s water storage tanks!

MOST FUN OF ALL:

Built all this up over 3 years, all on credit cards, and then took Chapter 7. Figure that I f****d the Money Changers out of the wherewithall to survive their Economic Reshuffling!

SCREW WALL STREET! TAKE BANKRUPTCY!!

By: Cubs in 09

Cubs in 09 — Sun, 05 Apr 2009 03:55:49 +0000

http://globaleconomicanalysis.blogspot.com/2009/03/deflationary-depression-returns-to.html

By: Cubs in 09

Cubs in 09 — Sun, 05 Apr 2009 03:40:35 +0000

Sorry, but I can’t remember the link. Maybe it was somewhere at

http://globaleconomicanalysis.blogspot.com/

By: Cubs in 09

Cubs in 09 — Sun, 05 Apr 2009 03:29:35 +0000

The US unemployment rates during the 1930′s…

1930 8.67
1931 15.82
1932 23.53
1933 24.75
1934 21.60
1935 19.97
1936 16.80
1937 14.18
1938 18.91
1939 17.05
1940 14.45
1941 9.66

By: CG

CG — Sun, 05 Apr 2009 02:27:48 +0000

“Cramer Declares End to Depression He Took Off the Table Months Earlier” http://www.eyeblast.tv/public/checker.aspx?v=ydSUuzkUQu
Cramer follows Obama’s statements… to this conclusion.

By: foxyladi14

foxyladi14 — Sat, 04 Apr 2009 21:32:21 +0000

yes he ran on jobs what a joke..he doesn’t know what a job is..

By: termo

termo — Sat, 04 Apr 2009 20:40:51 +0000

I don’t think he even had one of those either (snow jobs).

I think he first has to learn what a job is, what the objective of a job is, how to get one, keep one, and what happens when you get laid off from one. These are only concepts to the great all knowing Obama.

By: rw

rw — Sat, 04 Apr 2009 20:19:08 +0000

very interesting interview. must read his book.

Black worked to get Obama elected, but would not openly come out against Obama in general, just on Obama adm. financial policy. But his quote at the end, Dutch from Low Countries’ fight for independence from Spain, might have held a subtle message of regret: It’s not necessary to hope to persevere.

Don’t know, maybe I’m fishing…I still, and perhaps for the rest of my life, will not understand how people with nous supported the fraud. Maybe their defense is “temporary stupidity”.

By: andrew191

andrew191 — Sat, 04 Apr 2009 19:41:43 +0000

Aren’t there a bunch of openings at Treasury that need to be filled? He could start there.

By: Ferd Berfle

Ferd Berfle — Sat, 04 Apr 2009 19:15:53 +0000

Obama ran on jobs, jobs, jobs. What is he really doing about it?

He was talking about snow-jobs, apparently.

By: Ferd Berfle

Ferd Berfle — Sat, 04 Apr 2009 19:12:01 +0000

And that is supposed to make us feel better, neocon? Between the boob in the WH and the assclowns who took the the unmitigated risks to bring us to this point in time, I could spit 6-penny nails. I don’t care about new places to shop, the new ways for corporate America to make me indentured, or the new ways for me to pay through the nose so That One can pay back his corporate sponsors, or the new ways in which we can employ even more bureaucrats.

By: IndianaDem

IndianaDem — Sat, 04 Apr 2009 19:03:44 +0000

Depression is subjective. Here in Indiana, many small town factories were laying off workers all through 2008. People saw trouble coming long before the election. Now many factories are closing for good. Downtown court house squares are surrounded by stores with empty windows; strip malls and shopping centers are filling with vacant retail spaces. Restaurants are closing. Families are shopping for bargains at Dollar General and Big Lots out of necessity. You see worried young mothers in the check out lines, carefully counting out their nickels, dimes, and pennies. Business is booming at the Goodwill stores. Maybe that’s the bright spot in the economy.

By: Peggy Sue

Peggy Sue — Sat, 04 Apr 2009 18:48:56 +0000

PS: Now Obama’s comment to the G-20 leaders has context: We’re [the Americans] are the only thing standing between you and the pitchforks.

We’re covering their asses, all of them. And paying for it too out of the Nation’s coffers. The worries of the banksters isn’t about the citizenry running for the exits; it’s about running for their throats. If the full truth comes out about the massive fraud in the finacial and political sphere, you’ll have calls for public lynchings. And Geithner will be right up there.

What a mess!

By: Peggy Sue

Peggy Sue — Sat, 04 Apr 2009 18:38:35 +0000

That’s some interview, mountainaires. Thanks for the link. The Big Lie trips on down the road.

By: listing starboard

listing starboard — Sat, 04 Apr 2009 18:32:59 +0000

How about his insistence that no “WHITE EXPERIENCED MALES” get any of the constructionb jobs to rebuild infrastructure??????