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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (121833)	9/27/2012 9:38:13 AM
From: RetiredNow	Read Replies (2) \| Respond to of 149317

You guys are seriously high on hopium. The economy is slowing down fast and for all intents and purposes is already in recession. Do you think the Fed would have unleashed QE Ad Infinitum if it was all coming up roses? You really need to open your eyes. Stop looking at your neighborhood and start looking at the leading indicators nationwide. Stop looking at the tree and start seeing the forest. Here are the facts: * Total goods goods orders PLUNGED 13.2%, to depths not seen since Jan'09: bloomberg.com census.gov * 2nd Quarter GDP was revised downwards from 1.7% to 1.3%....folks when GDP is this low it almost always means we're already in recession bea.gov bloomberg.com