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Reply #7: What boggled me silly... [View All]

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CoffeeCat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-17-09 11:00 PM
Response to Reply #4
7. What boggled me silly...
Edited on Mon Aug-17-09 11:04 PM by CoffeeCat
Was that even *I* understood that their green-shoot-silver-lining meme was total bullshit.

The media would report that housing starts were up--but later we would look behind the numbers
and discover this was due to new apartment construction--not houses. This was actually a signal
that people were not confident in the economy and were opting to rent and not buy.

We also got the total bullpuckey about the banks reporting "record profits". There was one
bank that was so overflowing in profits that its Q1 2009 earnings report lifted the entire
financial sector and helped raise the DOW nearly 300 points that day.

Those are just a couple of examples. There were SO many glaring cases of statistic twisting
and turning negative numbers into positives---it was outrageous.

DU had conversations about this. Even I could see through the lies.

The question I want to know is...if so many knew, how in the world did people with money to invest
in the stock market--not realize this????

It's been so pathetic watching the lies cycle past us, day after day.

I'd rather have the truth (even if that means a tanking market) than the endless trash heap of lies
we've had to listen to during 2009 about how wonderful everything is.
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