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Recession ending, but for whom?
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Calapso


Joined: 26 Aug 2008
Posts: 269
Posted: Thu Sep 17, 2009 8:20 pm    Post subject: Recession ending, but for whom?  

I keep getting bombarded with stuff about how the recession is bottomed out, or we are starting to recover. I see stuff like this: http://news.yahoo.com/s/ap/20090917/ap_on_bi_ge/us_net_worth

Yet contrast that news to this http://www.bls.gov/news.release/empsit.nr0.htm

Who again is this recession ending for?
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Nofsdad


Joined: 06 Jul 2003
Posts: 8212
Location: Central CA
Posted: Thu Sep 17, 2009 10:43 pm    Post subject:  

It's over for insurance companies and big financial companies like Gold in Sacks and huge Wall Street banks.

Of course, if you really want to get technical, they were never in a recession in the first place. Their bloated butts were protected from the recession they themselves caused by people like you .
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