Comments on: Treasury’s Herb Allison Needs a Truth Enema

By: Guest

Guest — Fri, 05 Mar 2010 23:19:42 +0000

His GDP forecast for Japan was a 2009 decline of 6.1 percent, and they did have four straight quarters of contraction but were back in (unexpectedly) positive territory by the 1st Q of this year with a growth rate of 4.6%. Driven largely by Chinese demand for exports.

So it appears the global economy is getting closer to a self-sustaining recovery — one that will not need additional fiscal stimulus to sustain the expansion and the bias is tipped away from a possible double-dip recession.

By: helenk

helenk — Fri, 05 Mar 2010 18:39:29 +0000

is godman sachs getting ready to screw Japan? They are now saying Japan is the next country to go bust.
I saw a bloomberg video at John Smart’s place with Jim Oneil of gs predicting this.

WOMEN WITH INTELLIGENCE AND EXPERIENCE,MEN WHO SUPPORT THEM AND COUNTRY BEFORE PARTY ALWAYS

PUMAS,BUBBAS,EQUALISTS AND THOSE PEOPLE RULE

By: Always Learning

Always Learning — Fri, 05 Mar 2010 17:52:35 +0000

Thank goodness for Elizabeth Warren.

By: helenk

helenk — Fri, 05 Mar 2010 17:43:48 +0000

http://blogs.alternet.org/speakeasy/2010/03/05/why-are-we-afraid-to-create-the-jobs-we-need/

what Wahington should be concentrating on. If they spent 1/4 the time trying to create jobs as they do creating lies just think how many jobs could be created.

WOMEN WITH INTELLIGENCE AND EXPERIENCE,MEN WHO SUPPORT THEM AND COUNTRY BEFORE PARTY ALWAYS

PUMAS,BUBBAS,EQUALISTS AND THOSE PEOPLE RULE

By: beachnan

beachnan — Fri, 05 Mar 2010 17:36:31 +0000

Great information LD. What can we do about it? There should be a bullshit button that we could all press when these people shamelessly lie to us. I appreciate the fact that the Wall Street Journal was willing to call him out on his lies, but unfortunately, I’m not sure how many regular Joes and Josies read that paper. Not until msm starts proclaiming from the rooftops that these people are lying do we stand a chance of changing Washington.

By: Diana L. C.

Diana L. C. — Fri, 05 Mar 2010 17:15:43 +0000

I also wanted to say that while the primary and the general election were the events that moved me away from the current Democratic Party, Larry Doyle’s posts are the ones that have done the most to prevent me the most from going the way of Prime Obot and our obot Guest. I sometimes miss the feeling of belonging to a political party, the right to attend a caucus in our closed caucus state, etc., but he always reminds me that the current administration is as in bed with some of the worst, most corrupt crooks of Wall Street.

I never see the two I mentioned above come to deny the things that LD posts and call them Republican lies and tell us we’re stupid for reading them.

Follow the money……..

By: Diana L. C.

Diana L. C. — Fri, 05 Mar 2010 16:05:18 +0000

I’m trusting very little that comes out of Washington nowadays. I am very sad about it.

I wonder if we should all concentrate on local and state politics and try to raise up some hones politicians. It would take a while, but maybe that would give us time to fumigate the Beltway.

By: creeper

creeper — Fri, 05 Mar 2010 15:34:29 +0000

What’s amazing here is not that Allison lied. It’s that you’re surprised he did. You have GOT to understand that truth plays absolutely no part in what comes out of this administration. Spin is everything.

By: Peggy Sue

Peggy Sue — Fri, 05 Mar 2010 15:14:51 +0000

You gotta love the likes of Harry Markopolos and Elizabeth Warren because they really are fighting the good fight. It’s a David and Goliath battle but we [the public] are fortunate that we still have these voices representing us.

As far as Allison’s comments? It reminds me of the tobacco industry CEOs shamelessly standing before Congress and insisting cigarettes were not addictive or dangerous.

The cockroaches need to be dragged into the daylight. Thanks for the article, Larry.