>Stay tuned, we're not out of the woods yet...not by a long shot.
>
>Check out the July US retail figures. Nobody wants to return to the bubble but resumption of consumption looks increasingly promising. But you're just annoyed because blaming government for the disaster and denying that they staved off the crisis is looking increasingly illogical. ;-)
What I'm enjoying is the predictability of the Anti-Everything types. Months ago I anticipated the predigested rhetoric served buffet style by so many "think" tanks and gobbled up hungrily by the irresponsible. I call it schadenfood -- yeah, clever. ;-)
As prior/current/future efforts come to fruition, the rhetoric will change to declare that the good results are not due to the prior/current/future efforts. They'll say -- all at the same time -- that the results aren't real, aren't that good and aren't a credit to who/what created them and that something-else-to-fear-is-looming-just-wait-and-see-but-first-here's-a-minuscule-flaw-to-inflate-into-30-minutes-"news"-by-Murdoc-and-company!!!
Nothing new... Hoover's granddaughter was recently talk-show regurgitating the "Roosevelt's New Deal didn't bring us out of the Great Depression, it was World War II" rhetoric -- a very easy equation to reduce too -> New Deal (public spending) didn't do it, WWII (massive public spending) did. Haha. It is fortunate that the rhetorical folks end up being a minority in either time or space. Meanwhile, it's greatly entertaining and makes journalists jobs a phone-in. :)
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