Fed: This Recession Ain't So Bad
The Federal Reserve Bank of Minneapolis has measured this recession against past ones and found it wanting. It will take more than twice as many layoffs before it counts as “harsh.” Take that, doom-mongers! — Valleywag
Also, Angry Bear can’t spell.
I read Angry Bear’s post and I have no idea what he is talking about. He argues that all recessions have declining employment, thus there is something wrong with the chart. What?
My problem with the chart is that it doesn’t specify what recession is what. Angry Bear says the “worst” recession is 1957. I never heard of that recession. I thought the 50s were an unparalleled time of economic expansion. Though I do recall a crisis of faith in blue-chip stocks (later proved wrong).
My other problem is with the spin of the chart: We need twice as much unemployment to be terrible. So therefore things are good.
Well, just wait.
Angry Bear has already picked apart this very misleading graph.
http://angrybear.blogspot.com/2009/01/honest-resarch.html
Oooooooouuuuhhhh look! A straw!
***Bid half off peak comps***
I guess you could tell me all about that What. You still on the down lo living out of your grandmami’s basement in Lodi???
What the hell is a “dumbon?”
Like I said above, you’re here for my amusement but the cut and paste is getting really, really old. And many posters wonder why I continue to “engage the loons?”
Hey guys, remember I said that Dave is going to “Are you pounding me in the shower” prison. Well he gets to join his “Home-skillet” Raoul Weil!
U.S. declares former UBS banker Weil a fugitive
http://www.reuters.com/article/domesticNews/idUSTRE50C7QG20090113
MIAMI (Reuters) – The former head of UBS AG’s wealth management business, Raoul Weil, was formally declared a fugitive on Tuesday after failing to surrender to U.S. authorities on charges of conspiring to help wealthy Americans hide assets from U.S. tax authorities.
“Wealth management” is and Oxymoron and Dave is a Moron or a Lesson or a Dumbon.
Hiya Dave you better get some KY from commissary to smooth your transition to prison life.
The What
Someday this war is gonna end…
Pisses us of??? LMMFAOROTF
He’s here for our daily amusement.
“ENY – except he has to actually piss them off, which doesn’t really happen in most cases.”
OK, if you say so. It appears otherwise, based on the “responses” he engenders. Just looks that way to me.
ENY – except he has to actually piss them off, which doesn’t really happen in most cases.
*shrug*