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Velshi: Are we in a recession?

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  • Velshi: Are we in a recession?

    http://money.cnn.com/video/news/2012...html?iid=HP_LN

  • #2
    Re: Velshi: Are we in a recession?

    I mentioned that I think we've been in a recession, here .. but it doesn't always seem like it for the fact that they keep medicating the situation with debt.

    The video mentions 1.2 Trillion dollars cut in spending ...... OVER TEN YEARS! The government should leave this stuff up to the stand up comedians. I don't know where .. but I posted something on that too somewhere. The cuts are graduated where most of them happen after something like 7 years. I guess they figure it's safe that way. They know that no one will remember much a year from now let alone 5+. So in ten years, the national debt will only be what? 37 trillion instead of 38?

    Issachar
    The church is on Earth to save souls from a lost world, not to save the world from lost souls.

    Man learns about history, not from history. To learn from history requires wisdom. Cut off from God, he has none, so history repeats; no new thing under the sun.

    I saw ten thousand talkers whose tongues were all broken - dylan

    Psalms 122:8 For my brethren and companions' sakes, I will now say, Peace be within thee.

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    • #3
      Re: Velshi: Are we in a recession?

      Originally posted by Issachar View Post
      I mentioned that I think we've been in a recession, here .. but it doesn't always seem like it for the fact that they keep medicating the situation with debt.

      The video mentions 1.2 Trillion dollars cut in spending ...... OVER TEN YEARS! The government should leave this stuff up to the stand up comedians. I don't know where .. but I posted something on that too somewhere. The cuts are graduated where most of them happen after something like 7 years. I guess they figure it's safe that way. They know that no one will remember much a year from now let alone 5+. So in ten years, the national debt will only be what? 37 trillion instead of 38?

      Issachar
      How about covering it up, like they did Bengazi? We have a bunch of untrusted liars in the wh, I won't put it past them. Also the economic numbers that came out before the election, those were lies also I personally believe. Not alone though, Former CEO's believe that as well. Can't trust anything that comes from them, or the media, they are all in on it together. I did like the fact though that someone from CNN, did mention something truthful, I hope he doesn't get fired for raining on O's parade.

      As a nation, we are in serious trouble, the next years, will be the worse we ever see I personally believe. Those hit by the monster storm, NY, NJ, LI, and fema,they were all on the verge of an economic collapse anyway, that's why those people didn't get the timely help they needed, because there's no money. It was the good hearted citizens from different states, that have been helping.

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