To: Secret_Agent_Man who wrote (10134 ) 8/11/2008 9:42:58 AM From: LTK007 Respond to of 71454 Read an article over weekend that demonstrated the goverment tricks used to give a +1.9 GDP when in fact it was -1.2. Has to do with the magic wand chain-deflator number and also how they use the rising cost in food and energy to INCREASE the GDP. The crime is not just the government manipulation but the but unquestioning acceptance by all of WS and all the hucksters for one of two reasons, the analyst are just plain stupid or they are part of the big lie, a partnership with the Big Lie generated by are our government. . i suspect its the premeditated partnership with the Big Lie the primary reason they babble away at the GDP being +1.9, and we may or will miss a recession when the fact is the government and the hucksters KNOW we are already in a recession. Orwell had actually written his book with the optimistic hope it would prevent it actually happening. He despised Jonathan Swift for his dark cynicism and negativity about humankind's future. i wonder what George would think now??????????? ****************************************************8 That the verage investing public(this INCLUDES 80% of all Money managers) is too damned unqualified to invest in the first place, of course, accept without a doubt , its +1.9 GDP. George Soros , in reading his biography, says a corrupt economic system will ALWAYS have its time of reckoning. We, the U.S., are setting alltime records for rank criminality and corruption at the highest level. O my what will that time of reckoning be like. You should hear Russ Winter on his radio show get ripping on this, whew, he is as outrageous as me, in using terms like the scum, the pigmen, the financial mafia, the psychopaths that rule the U.S.Economy yada yada. Now to Marc Faber: though he called correctly that sharp correction was coming in commodities (made call about June, 15) i remind he remains quite bullish commodities once the correction is over. A couple years ago he wrote that we could have a brush with deflation before the hard core inflation kicks in. Maybe this it it. Faber post correction is very bullish Crude Oil, his call though is pullback to 100. Remains longterm bullish Gold, but still saying gold could hit 800. i wrote eslewhere this Russia-Georgia matter could form into a Black Swan event. An event no one sees coming and then starts a history changing change reaction; this a part of Taleb's history is actually chaos while the experts say it is rational progression to an upward evolving humankind, because the idea it is meaningless chaos is NOT acceptable to man. The dogma being humankind, in the sense of its leaders and the herd, be rational, of course:) Maybe we have peace tomorrow in Georgia, but then again????????????????? Later, Max