Another CNN news story:
http://money.cnn.com/2011/06/10/news/economy/recession_economic_survey/i...
This is exactly what I mean when I talk about $10/hr information. These authors are simply un-read, ill-informed and shallow. They don't know what they're talking about. That is why they make ~$30-50k/yr writing for CNN. They're poor and so is their information and analysis. If they knew what they were talking about they wouldn't be working for CNN. I repeat, smart financial analysts don't write for $30k/yr, smart teachers don't teach for $30k/yr. Anybody who knows what they're talking about is in the industry killing it. I'm not saying it's bad to make $30k/yr, I'm saying don't expect good information from them.
Anybody who knows basic math knows that you can't spend money to get out of debt. But for some reason the
world thinks that mathematics doesn't apply to reality. For some reason they think spending is the cure. It looks like 100 years of indoctrination is really starting to takes its toll on the
. How could you even begin to believe this kind of BS?
I'm not even mad about the author saying the recession is coming. I am mad that he fails to realize that we are obviously already in much worse and have been for years. Wake up! Things are already REALLY freaking bad and they're about to get REALLY, REALLY freaking bad. This is not me being negative. This is reality being negative and me being positive in confronting it. It is negative to run from it.
But then again the smart people have already hedged themselves against stupidity. They're already protected and ready to come out ahead. It is these stupid people who are going to ultimately be hurt the worst -- the ones Lenin called "useful idiots". They don't know what they're doing or where they're going. But I guess that's what happens when you live in a world of sensors, by design. Way to go guys. Way to keep the American dream alive. Oh wait. I guess this is the result of not having the integrity to withstand evil. So much for self-rule and freedom.




