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| June 21, 2012 |
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On the financial side: It seems as if a "well done" or congratulations are NOT to be expected by the financial minds that head our country. It appears your latest plan failed. Not much of a surprise.
The Dow is not an accurate indicator. We have all seen layoffs continue at the rate of over 350,000 per week. There are other ways to look at a more broad picture of our true economic picture.
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| America - a Nation Of No Direction - or a downward direction from another viewpoint |
On the employment side: In the week ending June 16, the advance figure for seasonally adjusted initial claims was 387,000. The 4-week moving average was 386,250, an increase of 3,500 from the previous week's revised average of 382,750. Rough concept ... more than a quarter of a million people but less than a half a million people lost their jobs in one week.
Democrats, Republicans, Senators, Congressmen and government officials, please take a bow. Don't bother to stand back up. You do not deserve much of anything other than contempt and a lack of respect from the people of this nation.
Our government leaders continue to argue with each other. Our government comes up with one plan after another which have done nothing to improve the problems in our nation for a number of years at this point.
It does not matter whether times in Europe are good or bad, if fighting moves from one country to another or any of the reasons for a lack of movement in any direction are considered as they change. This nation is a nation with no direction and your efforts have been directed toward anything but working together or helping this great nation.
In closing I will repeat again what I wrote above: Democrats, Republicans, Senators, Congressmen and government officials, please take a bow. Don't bother to stand back up. You do not deserve much of anything other than contempt and a lack of respect from the people of this nation.
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