Or, Unemployment will either stay the same or go up right until 2012. Isn't that just peachy keen? Aren't thiose that stayed home during the 2008 elections just all tickled pink or what? Aren't the "organized anarchists" just thrilled to death? Aren't the facist, socialist, communist, social justice and black liberation theologists just going goo-goo-gah-gah? Gee. I wonder what all of the above have in common? perhaps it would be the worst Rezident this Nation has ever witnessed. Yes? No?
Unemployment is set to remain higher for longer than previously thought, according to new projections from the Federal Reserve that would mean more than 10 million Americans remain jobless through the 2012 elections.
Top Federal Reserve officials project that the unemployment rate, now 9.6 percent, will fall only to about 9 percent at the end of 2011 and about 8 percent when the next presidential election arrives, in late 2012. The central bankers had envisioned a more rapid decline in joblessness in their previous forecasts, prepared in June.
The revised Fed forecast sunk stocks on Wall Street. The Standard & Poor’s 500-stock index, a broad gauge of U.S. markets, fell 1.4 percent to close at 1180.73. [...] go read the rest if you have a box of hankies
Congratulations America. You all screwed up. Take bow.
Remember when the stock market was at 14,000?
The Snooper Report.
Join us as we Take Our Country Back.
Sic vis pacem para bellum