Witness the Associated Press pound the good economic news into the 2008 campaign ground;
WASHINGTON (AP) — The economy pulled out of a dangerous rough patch in the spring, thanks largely to strong exports, but the rebound isn’t expected to last. Economic slowdowns overseas could make exports tail off just as Americans are hunkering down after the bracing impact of rebate checks wanes, plunging the country into another rut later this year.
“There will be heavy sledding for the U.S. economy during the next couple of quarters,” predicted Lynn Reaser, chief economist at Bank of America’s Investment Strategies Group.
Gross domestic product, or GDP, grew at a 3.3 percent annual rate in the April-June quarter, its fastest pace in nearly a year, the Commerce Department reported Thursday. The revised reading was much better than the government’s initial estimate of a 1.9 percent pace and exceeded economists’ expectations for a 2.7 percent growth rate.
I say that when the Great Bush Depression finally hits, we eat the journalists first.
I’m glad you’re back, Kate. I knew there’d be a good Recession Watch post when I saw those numbers.
Not back, just posting from a motel room in Iowa.
They have computers in Iowa now? Who knew that flyover country was so newfangled.
Brutal case of bias at the AP. Sort of like them listing the casualties on V-E day in bold type at the top of the page and below the fold mentioning that the Germans had surrendered unconditionally.
Gord, in your example at least the news would be mentioned (if only under the fold) rather than just ignored.
But it doesn’t matter. There’s a narrative to be followed, damn the truth or dissenting opinion.
And of course, any “good” news that doesn’t follow the road map’s indicators must be made-up, or some evil plot to suck in the populace ONCE AGAIN.
http://ace.mu.nu/archives/179368.php
The left, to a man, considers itself to be educated and enlightened. It matters not how little actual schooling a particlular leftist may have had, nor how unintelligent the person might be. They all consider themselves intellectuals of sorts. If they dropped out of college after one semester, they just think of themselves as autodidacts whose genius could not be stimulated by the ossified and bourgeois teaching of the academy. If they’re just plain stupid or crazy — like, say, Charlie Sheen — they indulge in farcial conspiracy-theorizing, reassuring themselves that they are intellectual because they know things others do not. They are one of the chosen few brave enough to see past the web of lies and glimpse the arcane truth behind, say, the implosion of the World Trade Center (a SEAL team planted those charges, you know?).
This conceit, usually wholly undeserved, of practically every leftist in the world is what makes leftism so intoxicating for the intellectually insecure, and what makes leftists so easily led and manipulated. It’s an attractive doctrine for those who wish to conceive of themselves as intellectual and brilliant, for it provides an instant short-cut to the equivalent of an MIT education. If you simply believe these things we tell you to believe, you are one of Us, one of the Intellectually Elite, one of the Cultural Vanguard. Just as giving oneself to Christ, and believing in His power, and accepting the need for and gift of His redemption, instantly makes one “saved” and enters one’s name in the Book of the Heaven, so too does accepting leftist tropes and core beliefs make one one of the Secular Elect.
You can eat a journalist? I always though they were poisonous.
Selected “Business News”.
>>>>> “New York markets also made strong headway thanks to revised figures showing greater than expected U.S. economic growth in the second quarter.”
Lesson on how to “fall back up”(sic): “”Sometimes it just takes a lack of horrendous news to allow something to fall back up.”
“Bank stocks were responsible for a triple-digit advance on the Toronto Stock Exchange on Thursday as the latest series of earnings reports from the country’s big banks encouraged investors, despite dramatically lower profits for most of them.
Toronto’s S&P/TSX composite index moved up 219.83 points to 13,750.48 on top of Wednesday’s 232-point surge. The financial sector was up 4% on hopes that the worst of the writedowns that have slashed profits are over — a view not shared by all.
“I think that some people are trying to figure out some bottoming process and they might have come in here and come in early — or they may feel a trading stance is warranted,” said Andrew Martyn of Davis Rea Ltd.
“Sometimes it just takes a lack of horrendous news to allow something to fall back up. If you push a spring down hard enough, it will snap back at you almost every time, even one that’s pretty rusty and old.””
(advisor.ca)
…-
“Alberta still has the best labour market in North America
Financial Post, Canada – 14 hours ago
OTTAWA — Alberta has the best-performing labour market in North America, reflecting its strong job growth, high productivity and low durations of …”
…-
Look west!
wouldn’t that be journalistic Listeriosis ?
No problem eating journalists if they’re properly cooked.
Follow the same cooking times and preparation precautions that you would for pork.
Filleting them’s a snap, as they possess no “Why” bone what so ever.
I was thinking more like the puffer fish the Japanese eat to prove how brave they are.
Poisonous if not prepared just right.
Even if the economic cycle may not be far away from topping, MSM is presenting strange suicidal attitudes. Would the recession hit, the advertising revenue will be wipe-out and so the existence of the newspaper.
I hope there will be some market for tv broadcasters, so the government can find a buyer for CBC.
xiat,
Just the very thought of the NYT, LA Times, and the Washington Post going bust makes me smile.
My parents taught me to eat what I kill – curing me of my love of hunting. I just know that if I had to eat a journalist (they are really strange birds), regardless of the cooking method, I’d need an enema the next day.
Kate and Richfisher, I have one hell of an ole family marinating recipe. Why Grandpaw could make an old bull warhog as tender as a store-bought filet-mignon. Yep, he perfected his meat marinate on deadcow, and then went on to deadpork, baby lamb, chicken, squirrels, Easter Bunnies, frogs, turtles, neutra-ratt and then finally to alligator-gar (which I still can’t eat to this day). His recipe started out with a 6-pack of beer of your choice, normally 1 beer went into the recipe and he drank the rest and had to get more, yep, never a dull moment when Gramps was around.
God, I miss that ole codger !
ps. if you boil your blood-meat slightly in chicken broth laced with butter, onions, lemons, and a touch of garlic before grilling it will enhance the cooking process, make the meat tender on the bone, and allow you to pull those pesky journalist tendons and ribs apart without spilling your beer.
and here in the GWN, our recession watch also continues.
too bad, so sad.
“Globe and Mail Update
August 29, 2008 at 9:35 AM EDT
OTTAWA, TORONTO — Canada’s economy rebounded in the second quarter, as consumer spending and surging business profits helped the country avoid a recession.
Gross domestic product increased at an annual rate of 0.3 per cent in the three months that followed a first-quarter contraction of 0.8 per cent, Statistics Canada reported Friday.”
Breaking…
McCain picks Sarah Palin as his veep…
less than 12hours after BO finished speaking this will swamp its effect (if any).
Ever the maverick JM picks a (relatively) young woman from outside the beltway not from a swing state
she’s pro-life and a strong fiscal conservative who Limbaugh apparently likes without the baggage someone like Romney – Mormon, rich, white male, lots of prior negative sound bites about McCain would bring.
(it also leaves Romney, guiliani et al available for secretarial positions like State and trade since the VP is in the day to day usually a very lame duck post – dick Cheney being a very notable exception)
This could put JM in front of BO for good.
I marvel at the political acumen JM has…
Looks like the great American recession is going the way of the great global warming scam.
Both heavily on the wish list of all democrats and liberals everywhere.
Reality bites, but sometimes it just comes over and licks your face and wags it’s tail.
Woo Hoo . . . the Sisterhood of the Traveling Pant Suits just got a major push up the old wazoo.
CNN is falling all over themselves with every imaginable criticism they can trot out.
She’s only been on the job for 2 years.
She has no foreign policy experience.
She’s in her 40s.
LOL, they should be levelling these against maybe someone else.
The one that bothered me was criticizing her as she has a newborn Down’s syndrome child that will eat up all her time.
In BO’s world, Down’s syndrome babies are left in closets to die.
If fish are brain food, think about what journalist meat would do to your brain. No thanks, I’d eat my lawn first in a famine.
Thanks to the global reach of our economy we can do well in spite of this housing downturn, a message lost on the economically challenged left and their shills in the MSM.
molarmauler at August 29, 2008 11:53 AM:
criticizing her as she has a newborn Down’s syndrome child that will eat up all her time
Who was criticizing her, exactly? Got a cite or are you just trolling.
Thanks richfisher –
No problem eating journalists if they’re properly cooked. …
No bones you say? Therefore no backbone and no SRMs. Perrrrfect! No Mad Cow just a bunch of PO’d readers!
CRB
I am not making this up. One of the CNN talking heads (and now I wish I had taken the name) was bemoaning the fact that her Down’s child was gonna grow up without the full attention of his mother.
It was one of making on-the-fly criticisms they were trying out. They were falling over themselves to put her down, but foremost amongst the attackers was the female reporter they had on the floor at the announcement.
Gord Tulk at 11:41 AM
You’v about nailed it!!
I just about fell off my chair laffing when I read about his “pick” (wonder if maybe the Misses advised him:-))))), me thinks the OLD boy may just have out-foxed buggsy (ears obama)
the bush depression will kick in around the great o’s third year in office if the ahole gets in.
In Iraq, oops, …-
“Troops in Afghanistan Kill, Detain Enemy Fighters
American Forces Press Service
WASHINGTON, Aug. 29, 2008 – Afghan and coalition forces killed more than two dozen militants and detained two others during two operations in Afghanistan yesterday, military officials reported.
Almost a dozen militants were killed and two were detained during a coalition forces operation to disrupt militant activities in Paktika province.
Coalition forces searched compounds in the Bermel district, targeting an individual affiliated with militant leaders responsible for the movement of foreign fighters from Pakistan into Afghanistan. Militants engaged coalition forces during their search of the compounds. The forces responded with small-arms fire, killing the militants.
In the other operation, Afghan and coalition forces killed more than a dozen militants after a coalition base in Shaheed Hasas district, Oruzgan province, was attacked.”
http://www.freerepublic.com/focus/f-news/2070805/posts
Funny how that works … BTW didn’t the DOW take a 280 point hit when Obama announced his Veep…??
Connections eh?
A journalist in every stew pot.
Sorry to rain on the parade, but *real* American family income has fallen, and that’s computed using the government’s phony inflation figures, which understate real inflation. In June and July, according to the US Bureau of Economic Analysis, disposable personal income (total income less federal, state, and city taxes) fell by over $320 billion. That’s roughly $1,000 for every person in the US, so the average nuclear family of Mom, Dad, and two kids has seen their income fall by $4,000 in the last two months. That hardly sounds like a robust economy to me.
May did show an increase in DPI, but that was almost entirely due to the government rebate cheques sent out to stimulate the economy. And, of course, the over $100 billion in rebates was simply created out of thin air, adding to the US deficit. Apparently, most people spent the money immediately, as the stimulus effect disappeared in June and July.
US unemployment figures reached 8.8 million, an increase of 1.6 million over July 2007. Weekly private earnings increased by a whopping 22 cents over June. Private earnings averaged $600 in the first quarter, and had increased to $606 in July. That can buy you two Starbucks a week. Wow.
Here in Canada the news is not nearly so bad. The fiscal discipline showed by the feds and the rising dollar resulted in much less inflation here. Western Canada is booming – and good for you – but in Ontario, over 55,000 jobs were lost in July alone. Even Alberta lost 6,800 jobs in July. So sorry if I don’t agree with you, but job losses don’t translate into a robust economy to me.