Recession in 2008, Depression in 2009

Compelling (in its simplicity and no bullshit truth) Recession 2009 – Depression 2009, from Fiend’s Superbear Page also compelling in its simplicity and truth. Though Aubie Baltin could use spellcheck and/or an editor, the piece is a shining example of unvarnished truth. And by the way, the “spellcheck and/or editor” comment is irony, as most all spellchecked and edited mass media today doesn’t begin to approach the truth of these words.

Add to this, Jim Rogers, chairman of Beeland Interests calls Ben Bernanke a “fool” and says the guy doesn’t get finance, money or even general economics. Watching him get schooled (I’d say “smacked”) by Ron Paul recently, I’d have to agree.

The short story on this is, we’ve got a heap of economic troubles piling up and no talent in a position to deal with it.

Technorati Tags: Ben Bernanke, Depression, Economics, Interest Rates, Recession, Ron Paul

Posted in Economy, Politics