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From the D.C. propaganda mill and the wishful thinkers on Wall Street, one would think that the current recession has "turned the corner."
Of course, if you recall, it was supposed to have turned the corner a year ago, too.
As I have said many times, the job description of a politician is not to tell the truth, but to reassure the people that all is well. That way, the people on the street are induced to spend more, go into debt, and stimulate the economy, while those in the know hoard their money for the inevitable continuance of the recession.
Citigroup is reported to be hoarding and have doubled their cash reserves in recent months. Almost as if they lack "consumer confidence."
Anyway, here are a few laughable quotes from the Great Depression. Take note that Oct. 29, 1929 was the date of "Black Tuesday," the great stock market crash.
http://alethonews.blogspot.com/2009/11/quotes-from-great-depression.html
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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