GDP, false hope, Eco data propaganda

More of bankrupting the nation:

It's worse than massive bank robbery, but continuing to rob the nation.... using economic cycle excuses after robbing millions of Americans.

• Treasury Auction of 7-Year Notes Comes Up Weak

  A $31 billion auction of 7-year government debt fetched a yield of 3.14 percent, a bit higher than expectations on the "when issued" market of 3.11 percent, indicative that prices were lowered and yields raised. Track Bond Prices Here

It's the propaganda based on false hope based on debt spending economy and market hype. The decades of American wealth is destroy and robbed by capitalist manipulation during the last decades and, as a result, it will take decades to rebuild America even if we could ever rebuild under ethical market and government management; however, the greedy capitalistic manipulation under the global power greed will continue to swindle all around the world.

Obviously, waiting for Americans to spend over their heads, while pumping markets using the US debt.

The Fed is the same as Goldman, JPM, big bankers who are manipulating markets, so, the entire system is corrupt with which Americans are deceived.

Financial deception >> Bair, Geithner Clash on Financial Failure Fund

Obviously, the financial criminals are working for the FED/big banks deceiving Americans and continuing to rob the nation. Continuing to lie and to deceive the reality of what is happening to Americans and the nation.

Their management of the US is insane and criminal reporting unrealistic propaganda -- who in the right mind would be falling into such lie and insane hype such as GDP which is a nonsense figure using the US debt bankrupting the country -- the same as other nations, e.g. European national debt which is the evidence of financial deception as Americans are now dealing with. They are literally financial criminals deceiving Americans with manipulated financial data and media hype, not dealing with reality.

• • Fed Should Lose Bailout Authority: Geithner

    The Federal Reserve should lose its authority to bail out big, failing financial firms like AIG and Bear Stearns under proposed reforms aimed at limiting the collateral damage from such failures, U.S. Treasury Secretary Timothy Geithner said on Thursday.

• Is Third-Quarter GDP as Good as it Gets?

  GDP grew at a 3.5% annual rate, beating the forecast for a 3.3% pace. But two of the biggest contributors received substantial boosts from Washington's emergency rescue efforts. GDP Jumps, Jobless Claims Fall Poll: Has GDP Peaked? CNBC Poll: Tell Us What You Think Is Third-Quarter GDP as good as it gets? * 661 responses No, GDP will continue improve over the next few quarters. 24% Yes, GDP has peaked and show declines once stimulus dollars stop flowing. 68% Not sure. 8.3% Not a Scientific Survey. Results may not total 100% due to

Is it obvious that GDP would have risen after spending billions and trillion US debt, and now waiting for Americans to spend until going bankrupted. GDP number and TOM data manipulation at pivotal junctures.

• Recovery On: GDP Jumps, Jobless Claims Move Lower

  The Commerce Department said the economy grew at a 3.5 percent annual rate, while the number of U.S. workers filing new claims for jobless benefits dipped by 1,000 last week. Obama Mishandling Economy: Pol

Before the Great Crash of 1929, the roaring twenties was a time of growing wealth... and speculation. From its low of 63 in August 1921 to its peak on September 3, 1929 at 381.17, the Dow had gained over 500%.

By the spring of 1929, the warning signs began to emerge and volatility was rapidly rising with daily swings that ranged as high as plus or minus 5%. Each time the Dow dropped, it recovered, at least until the fall of that year when it began to slide downward. After falling 8% over the 2 days from October 23-24, the market crashed on October 28 and 29, falling 13.5% and another 11.7%, or 23.6% over the two-day period and helping to lead the country to the Great Depression. After an initial 48% rally back from its low of 199 in November, the Dow proceeded to lose ~90% of its September high, closing at 41.22 on July 8, 1932. It took until late 1954 to reach its pre-crash levels.

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