Tag «economy»
Ironically, if the economy recovers, the US is in deep doo doo…
When the Federal Reserve pulls back from its $85-billion-a-month bond-buying program due to the improving economy, interest rates will rise from their artificially low levels. It’s not an option folks. The Fed has to pull-back or risk run-away inflation. And quite frankly, rates are going to eventually rise anyways no matter what the Fed does IMHO. So …
No customers at outlet mall
Yeah this is anecdotal evidence, but look at the available parking spaces at 2pm on a Sunday at the Camarillo Outlet mall! Normally, you would have to hunt for a space. The mall is giant–three separate sections–and this is in the middle of the main one. Yeah, *maybe* the economy has “bottomed”, but we got …
“We can print all the money we need!”, says Fred Thompson
I always liked Fred, particularly his role in Die Hard 2. He made me wish I lived in Tennessee when we was elected Senator there. Here’s a video by him on the economy and our current and future government’s “strategy”. It would be SO much funnier if it weren’t true.