5..4..3..2...Economy Continues to Expand

[DEATH ROW JOE]

Because of Obamination's spending & socialist BS, America and much of the world will endure one of the worst depressions in history in 5...4...3...2...

Fail. The private sector grew 4% annualized last quarter while the public sector contracted for real GDP growth of 2.5%. That is exactly opposite to the situation you describe in your quote.

From Bill McBride:
"Final demand increased in Q1 as personal consumption expenditures (PCE) increased at a 3.2% annual rate (up from 1.8% in Q4 2012), and residential investment (RI) increased at a 12.6% annual rate (down from 17.6% in Q4). This was the strongest private domestic contribution (PCE and RI) since Q4 2010, and the 2nd strongest quarter since the recession began.

The negative contributions came from less Federal Government spending (subtracted 0.65 percentage points), less state and local governments spending (subtracted 0.14 percentage points) and from trade (subtracted 0.50 percentage points).

Overall this was a medicore report and below expectations (mostly due to government spending and trade). The increase in PCE and RI were positives, but the ongoing government budget cuts continue to slow the economy. "

[Moggio]

I'm certainly not religious, nor do I EVER care to be. But Ron Paul has accurately predicted the Housing Bubble Crisis, the Iraq War, the drastic increase and value of Gold over the past 10-12 years, arguably 9-11, etc., etc., etc.

Also, your extremely leftist and bias propaganda machine can interpret things however which way they want to. However, the home schooling curriculum is called the Ron Paul Curriculum, not the Gary North Curriculum (despite the fact Gary is involved in the project). Nor does it apparently comprise the quantity of Biblical material that you make it out to include.

And ANYONE who thinks that there's anything but an ARTIFICIAL recovery going on right now, considering the Fed is now printing $85 BILLION per month (up from $40 BILLION per month), and that the US is borrowing $3 BILLION+ per day from creditors like China, Japan (who are already in recession themselves), etc., and that interest/inflation rates aren't ARTIFICIAL manipulated by the Fed at 0% or nearly 0% in order to prevent the Currency/Treasuries Bubble from bursting quicker than it otherwise would, have their heads so far up their asses, that the only light they'll be seeing any time soon is through their nostrils. Oh...and did I already mention that more Americans are on food stamps than EVER before (48 million, as opposed to 32 million 4 years ago) and that the Employment Rate is the lowest it's been since May of 1979 at 63.3%?!

You're obviously too BUTTHURT over my constant OWNAGE. And you're also too stupid to realize that Gold has SKY-ROCKETED over the past 10-12 years. Not only that, but you didn't mention that ALL markets experience lulls from time to time...and that there are NO exceptions. And just because there's been a lull in Gold over the past 6 or so months means JACK SHIT ALL unless its value is mostly or completely lost...but since it has increased again, that's NOT the case.

Lastly, not even ONE quote or statement above that you've posted disproves ANYTHING I've stated in this thread. But keep posting away, it's always quite the entertaining show...




Keep tryin' and you'll keep failin'...

[Turner Coates]