Real U.S. Problems

Bush: 'It is clear the economy has slowed'
Saturday March 8, 10:16 am ET

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Con Winter This is the same as we are conned. I would not go into details noting super bears' view.

Bush now says, "Slowed Economy", but still does not say, "recession".

When market breaks the current support, we are surely in bear market, while Bernanke is playing with "interest cut hope" while prices are faded.

Paulson preached "Strong USD".

Bush & Bernanke "No Recession".


Commodity is hyped by super rich funds so that Bernanke can say "inflation concern".

We are driven to the worst situation which we could be heading, i.e. commodity (gold and oil) is hyped to maximize long/short gains, while financial markets are sold.

If anyone has no confidence in U.S., it is because the U.S. policies are making U.S. poor because of shipping jobs and trade deficit. At the same time, we are in a war spending money which makes U.S. worse.

We need to change policies, just like ARM crisis is a big, big regulatory failure, we need to see a fundamental change.

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President Bush said Friday that "it's clear our economy has slowed," hours after a government report showed a decline in payrolls for the second straight month.

But he said the long-term outlook is good, with a stimulus package enacted last month by Congress providing a "booster shot."

Bush made a statement after meeting with advisers. Chief economic adviser Edward Lazear said earlier in the day that the nation's economy could contract in the current quarter.