Sorry...
…but I couldn’t resist telling a few jokes:
The set-up
“Obama: Under Me ‘People Have A New Attitude Toward America’ And ‘More Confidence’” (Real Clear Politics)
“Because we’re leading around the world, people have a new attitude toward America. There’s more confidence in our leadership. We see it everywhere we go,” President Obama said at the Veterans of Foreign Wars convention in Reno.
The punchline
The latest Chicago Booth/Kellogg School Financial Trust Index finds that only 21 percent of Americans trust the financial system, the lowest point on record since March 2009. According to the June 2012 report issued today, this decrease was largely driven by a drop in trust of national banks.
~ ~ ~
The set-up
“Obama on the Economy: ‘We Tried Our Plan — And It Worked’” (Washington Examiner)
Discussing his economic policies at a fundraiser in Oakland, California, last night, President Obama, told supporters that “we tried our plan — and it worked.”
The punchline
“More Americans Living Paycheck to Paycheck” (Atlanta Journal-Constitution)
More than a third of U.S. households say they live paycheck to paycheck.
Less than a third feel comfortable financially.
Only about a third think they can afford to retire by age 65.
And here’s an oldie but goodie:
The set-up
“Oops: What Bernanke Said Five Years Ago Today” (Real Time Economics)
On the economic outlook:
“Overall, the U.S. economy appears likely to expand at a moderate pace over the second half of 2007 with growth then strengthening a bit in 2008 to a rate close to the economy’s underlying trend. Such an assessment was made around the time of the June meeting of the Federal Open Market Committee… The central tendency of the growth forecast… is for real GDP to expand roughly 2.25% to 2.5% this year and 2.5% to 2.75% in 2008. ….The unemployment rate is anticipated to edge up between 4.5% and 4.75% over the balance of this year and about 4.75% percent in 2008.”
The punchline
Real Time Economics:
The recession began five months later, in December 2007, and lasted until June 2009. For the full year 2007, GDP grew by 1.7%. In 2008, it shrank by 0.3%, and shrank another 3.5% in 2009. Unemployment hit 5% in December 2007 and by December 2008 had risen to 7.3% and kept climbing.
Funny, eh?
Read more at Financial Armageddon
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,811,941,455 |
| Stories: | 8,653,427 |
Whistler Blowers, Insiders
