Subject: The FOX Street Journal
If the Wall Street Journal were not owned by Rupert
Murdoch would we even have
any questions as to whether this is a recession?
The media says we are not in a recession.
But when in our history has everything looked
so bad at once?
Falling dollar, rising oil prices, falling home
prices, rising food prices, double digit inflation,
more unemployment, bank failures, massive banking
bailouts, stock prices of automakers
at historic lows and more economic misery on
the horizon for business, homeowners and
individuals all add up to the beginning of the
This recession is worsened, with housing being
a main component, home prices must go down.
Until housing turns around, this economy is headed
down. With jobs and decent paying jobs
gone and going, how will a recovery be accomplished?
One way would be to quit the war
and spend heavily on infrastructure - bridges,
water systems, green energy source construction
universal health care and more.
There is a fire going on and since the WSJ is
firmly in the republican camp, of course they won't
say this is a recession or worse, we should just,
"Stop whining, keep moving, nothing to see here."
The president's Plunge Protection Team, created
under Reagan during the stock market crash then
keeps propping up this fraudulent stock market.
You can bet if this happened on Clinton's watch
or any Democrat's watch this would be
the apocalypse. They could not even acknowledge
how strong the economy was under Bill Clinton.
No one will yell "fire," but the fraud that is
perpetuated by the WSJ/pro Bush media is only
postponing the inevitable crash and guess who
will inherit the devastation and guess which
party will be blamed. Not the ones that caused
We had little reason to trust the Wall Street
but now we know we can discount the Fox Street
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