Retail Sales Sink, Jobless Claims Rise
Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades. (Jan. 14)
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The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in inequity and born in sin… But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit .
Josiah Charles Stamp
Meh….you know the economy SUCKS when you have to jump through flaming hoops to land an interview for retail or fast food, and you still don’t get the job. Been outta work since Nov. 2008 myself.
I guess this whole monetary economy thingy just aint gonna work eh
bummer
we best get back to the basic stuff
you know like reality
2+2 is always gonna equal 4 & aint nothin ..
if i can do it you can do it.
Mark,
Starting with Nixon/Kissinger, Ford/Greenspan, Reagan/BushSr, Clinton/Rubin/Levit, Bush/Dick, Paulson/Geithner/Summers & their Congresses – American manufacturing jobs were given to countries around the world; China, Mexico, Russia, Brazil, India, etc. Since America doesn’t manufacture, there are no jobs for the American workers. The unemployed, underemployed, & the stopped looking are no longer technically ready. Intentionally, our leaders ruined the American worker & therefore America.
It is really sad the way that the media is covering stories on the economy – this one is an exception. Usually what happens is that we hear some good news, followed by some bad news, which isn’t really bad, because it’s ‘not as bad as expected’.
Now the media is saying that unemployment rose ‘unexpectedly’. That’s utter crap. There was nothing unexpected about it; It’s called seasonal employment. There were cries of recovery around every corner when summer came as well.
Nothing but deception.
I went to the umemployment office… it was full to the max with people lining up outside… the “economy is coming back” news is just noise, like Bush saying Mission Accomplished on a navy boat. More and more people keep getting layed off…. LIES!
no this what he and shiff, paul … have been saying for sometime now… and will be getting much worse… good luck everyone…it’s going to be a bumpy ride!!!
The government numbers are a lie they changed the rules of reporting employment and they have been under reporting it for years.
ob=0
Yep we’re still in recession.
i thought this was gerald celente forcasting ….