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  • The Feds Have No Faith in Recovery

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    Michael Pento
    Hellenic Shipping Worldwide
    November 7, 2009

    • A d v e r t i s e m e n t
    • efoods
    The stock market has enjoyed a significant rally since the end of the first quarter. The Bureau of Economic Analysis reported last week that the economy grew at a 3.5% annual rate in the third quarter–a figure they achieved by that claiming inflation was running at only a 0.8% annual rate, despite a sharp drop in the dollar, a spike in commodity prices and record highs for gold.

    The cyclical bull market in stocks and positive print on GDP has caused some on Wall Street and in Washington to claim the recession has ended. Despite all the good economic news, an end to fiscal and monetary stimulus is nowhere in sight, precisely because policymakers know the happy news is artificially derived.

    A closer look indicates that neither the administration nor the Federal Reserve believes its own recovery rhetoric. They understand that the economy will not prosper without continued life support.

    I believe removing such artificial stimulus is needed so the country can immediately begin de-leveraging and to prevent the accumulation of yet more baneful debt. What is truly amazing is how many people on Wall Street are foolish enough to postulate that our problems have been solved. The stock market will not be so easily fooled for much longer.

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    77 Responses to “The Feds Have No Faith in Recovery”

    1. alex Says:

      None of this crap matters to poor carpenters.

      Reply

      ghk Reply:

      White people stole the world’s resources and has now bankrupted the world economy, to bring in their white satanic dis-order!!

      Reply

      saturnx311 Reply:

      Racist scum, get the f#%k out of here

      Reply

      snore Reply:

      so what if he is racist, it is still a free country for these few last days

      go ahead and spout, you are entitled to your opinion

      I am white and I think white people have gone crazy

      Reply

      Colonel Ingus Reply:

      Then how do you explain the actions of one Barry Soetoro?

      ggg Reply:

      White people hate the truth – go to helllllll – DEVIL!!!!!!!!!

      Reply

      Thorne in Their Side Reply:

      http://www.viddler.com/explore.....5/593.911/

      Here’s your truth idiot!

      WHAT WILL WE BE TOLD Reply:

      racist scum? all one needs to do is look at history! One cant help but look at the truth. So if it was all different and came from another color then saturnx311 you would be saying the same thing as ghk….The fact of the matter is not one of us can change the past but with racist name calling and bashing of each other you are doing nothing but falling into the trap of divide…YA SEE?

      Reply

      DTA Reply:

      TRUTH!!!!!

      Reply

      john Reply:

      ghk is an antagonist and a poor one at that.

      What better place to post an anti-white statement on a white website aimed at bringing down the same policies which are bankrupting our economies whilst exposing the satanic disorder we will face.

      Reply

      john Reply:

      Yes the white man has caused alot of shit, but still it is but Man. Was the boot on the other foot there is no reason for me to believe that the black european would not enslave the white african. Absolute power currupts absolutely, skin colour is merely a pigment label we carry around with us and has no impact on our decisions, morals or emotions……. dumbfucks.

      Reply

      American Veteran Reply:

      Jeezus dont you know blacks sold their own people into slavery

      Highlanderess Reply:

      Yo mama.

      Reply

      joel Reply:

      see,he wonders why he has trouble with others going along with his not so brilliantly inspired notion,wonder what everybody else sees you dont?its called outrageous,over the top,overly sentalmental[corney]ness.its seems so disingenuous.a real sign of weakness.

      Reply

      joel Reply:

      i dig highlanderess.

      Reply

      Thorne in Their Side Reply:

      White people huh? well ignorant ass, look at this and tell how much of this is a white thing!!

      http://www.viddler.com/explore.....5/593.911/

      And by the way, what happened with all you idiots claiming that White people are the ONLY serial killers?? GUess that got fucked up when one of yours was caught preying on women and burying them in his basement!

      Reply

      Tischenko from Ukraine Reply:

      PLEASE READ VERY IMPORTANT PLAGUE IN UKRAINE:

      http://www.ukraineplague.blogspot.com/

      Reply

      david welch Reply:

      phk off racist pig

      Reply

      Chris ~ Reply:

      I am white, but I do not have any of the worlds resources. Oh, I do buy a gallon of water every other day, but then I do “buy” the water, so I guess I havent stolen that resource.

      I guess it is ok to say that all balck people do car jackings and sell crack ??

      Quit trying to spread your racist views !!!

      Reply

      fellow warior Reply:

      yes and now we are coming for your ass racist bastard son you will be my slave because im white soo i must be better than you my blood is bleu and im filty rich please be real domass

      Reply

      h1tch Reply:

      I’m a carpenter and I’ve never stole resources ever..

      Reply

      h1tch Reply:

      we earn the pay check for the government “workers”

      I’d like to see em earn there own pay!

      Reply

      FREE ME Reply:

      Yes, it does.
      ___________-

      EVERYTHING THEY HAVE DONE, AND EVERYTHING THEY ARE DOING…

      AND EVERYTHING THEY PLAN TO DO TO DO…………EFFECTS EVERYONE….

      ______________________________________________EVERYONE.

      Reply

      johnathan Reply:

      We are all americans. Know matter how you put it, the moment you become a citizen, or “Civilian” haha we become “AMERICAN” When are we gonna put aside are backgrounds and just Grow up. By the way Im 15 and I know allot more then you guys think.

      Reply

      Thorne in Their Side Reply:

      Johnathan, Ignore most of the crap that gets shoveled around here! Age is NOT a pre-requesite for the problems of this country!!! In fact the younger you are the more of the BS you are going to see if you truly are awake!!

      One thing that I suggest to everyone, try not to qualify yourselves as a Citizen of the US, but rather a citizen of the State in which you live! It is Their word play that has gotten us all into trouble, and it continues as we try to claim pride in a Nationwide stance!! But therein lies the trap! Research the past amendments and you may find the answers to what I’m talking about! or you can go to Truthattack.org and see for yourself!!

      Reply

      lakeqi Reply:

      This article is right on. Inflation is running rampant. I went to Wendy’s the other day and the fry that used to get for 99 cents has shrunk by about 50%. The amount of salt water they’re pumping into the meat at grocery stores has increased by about 10 percent to I guess it would be 12% of the meats weight.Similar examples abound. We’re being bamboozled. Next stop- total enslavement.

      Reply

    2. SPIRITBLADE Says:

      [PREPARE FOR WAR]

      It’s all that’s left…

      Reply

      Chump Reply:

      Friends, lets think upon this for a moment-

      Recovery, in the eyes of these monsters is what? It is the efficient and productive industry to further enslave and control the world, no? It is to reduce the suffering of the peasants, the serfs and the cattle, so they feel okay in their daily trudgery (they may buy a new whatsit, or apply the latest fashion creme, or perhaps zip about in their work recess on their powered entertainment/recreation device).

      So then friends- WHO IN THE HELL WANTS A RECOVERY?????

      Would a freedom loving individual, who is sacrificing time, energy, sweat or money like to return to the old system of happy tyranny????? Would you? Do you want to toil at jobs, and have your earnings stolen at gun point (50%+)? Do you want to continue paying property taxes to socialize public skewl kids? Do you really want to contribute to the police state? The Empire of the criminal syndicate????? Do you really?

      SO I SAY TO YOU BROTHERS- PLEASE ORDER UP A DOUBLE PORTION OF “SUFFERING” FOR YOUR NEIGHBORS’ BENEFIT.

      “All experience hath shewn that mankind is disposed to suffer while evils are sufferable, than to right themselves by abolishing the forms to which they’re accustomed.”

      YOU MAKE CHOICES EVERY DAY. LITTLE CHOICES. BIG CHOICES. IF WE ALL CHOOSE MORE SUFFERING, THEN GUESS WHAT- our neighbors will begin to wriggle and worm about. They will become further displease. We will deny the tyrants further resource from our pockets, and further stall and belittle their Empire.

      I HAVE NO FAITH IN RECOVERY EITHER!

      As evidenced by the “Feds” – they have no faith. We can translate this that THEY KNOW A DOUBLE PORTION OF SUFFERING IS COMING, and they know well what we’re going to do when we get it.

      Convene the Juries!
      Try the Traitors!
      Hang until dead (and jump and dance and play and SING) the guilty!!!!!!!!!!!!!!!!!

      Reply

      Chris ~ Reply:

      The “Feds” or Federal Reserve Bank (central bank) themselves create the recovery, as well as the recessions and inflation. If a recovery or growth of the economy is to happen, it is beacuse the Federal Reserve Bank, or the elite banking cartel that controls it, has planned the recovery.

      Reply

      saturnx311 Reply:

      Yup, we’ve suffered these lying, cheating, pedophilic bunch of scumbags long enough. I believe only a bloody revolution is next. I only wish I had trained in urban and guerrilla warfare; I’ll probably be killed in the early going. So be it.
      I’ll still be on the front line.

      Reply

      h1tch Reply:

      I found some work… every house on site is sold.

      Reply

    3. Josh Fulton Says:

      Delaware beats Switzerland as most secretive financial center

      http://joshfulton.blogspot.com.....-most.html

      Reply

      Just Blaze Reply:

      wow thats nuts

      Reply

    4. Ben Says:

      Massive unemployment has begun in Western Europe decades before it started in the USA. The central banks and the governments relentlessly promise recovery and jobs but it never happens because those with the power to make it happen refuse.

      Pack a gun and pay no tax.

      Reply

      roaddog6 Reply:

      to make it happen(recovery) is not on their agenda.

      Reply

    5. orionmorningstar Says:

      this is all bullshit. game over, the end. deal with reality. there will be no recovery for this failed colonial system. europe tried to rule the world and it didnt work. this is a spiritual universe(not religious) going against the laws of nature wont work. the murder of the planet and all natural life wont work. humans have literally become a virus, i mean all humans, the elite especially. all you want to do is eat and be merry, buy new things and live as if there is no tomorrow. well, surprise! your karma has caught up to you and there is no escaping. take your lazy asses back to the bush and start planting. tear down buildings and plant trees. live simple and forget about your nifty little gadgets that serve no purpose in reality. develop your spirit so that you can evolve into something greater than you have ever been before. you have the potential to become gods or demons, its all up to you. live as one with nature or die.

      Reply

      pop Reply:

      Your nature religion is rooted in satanism – new age crap!!!

      Reply

      orionmorningstar Reply:

      first off, there is nothing new about this concept. second, it has nothing to do with satan. was it not the maker that created everything natural? natural=nature. you sound like a bible thumper so listen. go read the bible again and it will tell you that this world built in the earth is ruled by satan. you are the satanist and we both know this. for those who love this world, hate god. the life that you live is an affront to all that is good. how is polluting the world and killing everything godly. according to your logic nature is evil and the europeon controlled world system is righteous. you cannot be that stupid, so i believe that you are an agent of the unmaker. there is nothing wrong with what i said but i know the truth hurts. btw, didnt i say that im not religious(nature religion?). stop trying to discourage people from freeing themselves slaveboy. we are one with everything that is good. one more thing, fuk u pussy.

      Reply

      fraud Reply:

      orionmorningstar is one with people whom love trees:

      http://www.youtube.com/watch?v=tFUDEmMjC-c

      Reply

      Basic Reply:

      So easy a caveman could do it.

      Reply

    6. August Says:

      I thought they only had to conjure up their “HIGHER POWER”, do the 12-Step Wiggle, and everything is Peachy-Keen!

      WHAT, THE “HIGHER POWER” CRAP DOESN’T REALLY WORK!

      Reply

      the truth Reply:

      I know how hard alex works on research to selflessly give the truth to the planet so I thought I would help take some of the burden off your back alex and pass on some hard, tiring research for you. Even a guy as wise as alex can’t know everything./

      http://www.drlenhorowitz.com/P….._2006.html

      Reply

      Thorne in Their Side Reply:

      Your link is broken!!!

      Reply

      the truth Reply:

      I know how hard alex works on research to selflessly give the truth to the planet so I thought I would help take some of the burden off your back alex and pass on some hard, tiring research for you. Even a guy as wise as alex can’t know everything.//

      http://www.drlenhorowitz.com/P….._2006.html

      Reply

      Thorne in Their Side Reply:

      Nope, still doesn’t work!!

      Reply

    7. alex Says:

      Orionmorningstar,
      .
      .
      its very neat how you have been able to make a homemade computer from items youhave collected on the jungle floor.
      .
      .
      And even how you were able to generate enough electricity to power your “green,eco-friendly jungle computer” from your do-it-yourself water tubine kit you placed into the river near your impressive grass hut.
      .
      .
      You are a perfect example for the way of life you preach about.
      .
      .
      A beacon of light if you will.

      Reply

      WTF Reply:

      LMAO. Well said Alex. What a fucking idiot.

      Reply

      orionmorningstar Reply:

      get off of alexs dick bitch.

      Reply

      Ben Reply:

      Excellent answer.

      :-)

      Reply

      orionmorningstar Reply:

      you to ben, stop the dick riding. think for your self.

      Reply

    8. Bobbipin Says:

      They have faith in their funny munny.

      They all get together once a year at Bohemian Grove and bang their bongos and pray to their sacred Owl.

      Reply

      Geoph Reply:

      Know what would be great, a couple hundred of us getting together at the grove with sledge hammers. I would say jackhammers, but they are too noisy for my taste.
      Sledgehammers would be music to my ears!
      Put a couple hundred more to work on their precious guide stones…….

      Then we would be getting somewhere.

      ME.

      Reply

    9. JJ Says:

      ############### SPREAD THIS INFORMATION ###############

      Wall Street criminals exposed By Marcy K.:

      kaptur.house.gov/index.php?option=com_content&task=view&id=289&Itemid=1

      youtube.com/watch?v=tMCZ8JeEpUw
      or
      fednet.net/asx/2008/kaptur092208.asx

      Tim Geithner refusus to answser Brad Shermans question:

      youtube.com/watch?v=rEpmRv2kAng
      or
      youtube.com/watch?v=_nWFfJQtoT8
      HQ version: youtube.com/watch?v=Gvt1uzLv15o

      Rep. Alan Grayson asks the FEDERAL RESERVE Inspector General where the money is gone..:

      youtube.com/watch?v=PXlxBeAvsB8
      HQ version: youtube.com/watch?v=cJqM2tFOxLQ

      **********END THE CRIMINAL RESERVE – ACTION STEPS**********

      Bills to be supported: S 604 and HR 1207
      ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207
      or
      http://www.campaignforliberty......d-home.php
      or
      auditthefed.com

      Unmask the criminals
      www(dot)unmaskthefed.com

      ############### SPREAD THIS INFORMATION ###############

      Reply

      the truth Reply:

      I took your advise and did some unmasking.

      I know how hard alex works on research to selflessly give the truth to the planet so I thought I would help take some of the burden off your back alex and pass on some hard, tiring research for you. Even a guy as wise as alex can’t know everything.

      http://www.drlenhorowitz.com/P….._2006.html

      Reply

      Jake Reply:

      link no worky there bud

      Reply

      Geoph Reply:

      Confirmed link NFG

      ME.

      Reply

    10. Joe Says:

      Watch Fall Of The Republic in full version and educate yourself online at: http://www.joemarquis.com/videos.htm

      I took the time to build an area within my own business website where you can educate yourself by watching in Highest Quality full versions of Alex Jone’s and other’s DVD’s. A great place to start if your new or old and want to learn about the New World Order.

      Reply

      the truth Reply:

      I know how hard alex works on research to selflessly give the truth to the planet so I thought I would help take some of the burden off your back alex and pass on some hard, tiring research for you. Even a guy as wise as alex can’t know everything..

      http://www.drlenhorowitz.com/P….._2006.html

      Reply

    11. LUXBEARI Says:

      Pack a gun and pay no taxes
      Bond together with family and freiends. The fall is near

      Reply

    12. LUXBEARI Says:

      Pack a gun and pay no taxes
      Bond together with family and freiends. The fall is near

      Reply

    13. biblebill Says:

      Wake up from your slumber everyone, there is no true hope in the life of this world! But God has provided hope in the next one to come for all those who have faith in Jesus Christ according to the promises given in Scripture . Revelation 21:1-8 (New International Version) says, “1Then I saw a new heaven and a new earth, for the first heaven and the first earth had passed away, and there was no longer any sea. 2I saw the Holy City, the new Jerusalem, coming down out of heaven from God, prepared as a bride beautifully dressed for her husband. 3And I heard a loud voice from the throne saying, “Now the dwelling of God is with men, and he will live with them. They will be his people, and God himself will be with them and be their God. 4He will wipe every tear from their eyes. There will be no more death or mourning or crying or pain, for the old order of things has passed away.” 5He who was seated on the throne said, “I am making everything new!” Then he said, “Write this down, for these words are trustworthy and true.” 6He said to me: “It is done. I am the Alpha and the Omega, the Beginning and the End. To him who is thirsty I will give to drink without cost from the spring of the water of life. 7He who overcomes will inherit all this, and I will be his God and he will be my son. 8But the cowardly, the unbelieving, the vile, the murderers, the sexually immoral, those who practice magic arts, the idolaters and all liars—their place will be in the fiery lake of burning sulfur. This is the second death.”

      Reply

      American Veteran Reply:

      now bible bill you added words to this for shame.

      Reply

    14. Govt. is a big JOKE!!! Says:

      Gaithner and Bernacke couldn’t run thier own companies. What makes you think they can run the Treasury and Fed. Reserve? They are 2 irresponsible, reckless, a$$-holes! They should both be tried for corruption and treason. Hell, the whole Obama administration should be.

      Reply

      Geoph Reply:

      And the Bush jr admin, Clinton admin, Bush sr admin……………………………………………………………………………………………………………………

      ME.

      Reply

    15. chaosrising Says:

      the real truth is chaos has arose and is stalking…it hungers for those whom control and it will feed and grow…the only question one should ask is if you are going to be fed to it or will you feed those who oppress others to it…the choice is yours not theirs.

      fear is control

      work will set you free…and toss you into a cremation oven…

      ignorance is bliss….because only the ignorant can be enslaved…

      you will like work…because it will be all you have left to live for…

      so continue to bicker and argue…we all know unity in the face of any enemy is paramount, so step up or step aside…and finally history has always shown that those whom step aside are always trampled upon by those whom seek control…while those that step up tend to ensure the survival of the species.

      Reply

    16. hyg Says:

      The Jews could fuck up a steel ball.

      Reply

    17. phfaty Says:

      Remember there can never be any recovery without any job growth. Right now, mainstream news along with Bank Street is telling us that the economy is slowly recovering. Do not let others dictate to you how to think. Free your minds and consciousness. Get daily Swine Flu Pandemic updates without the usual bullshit at http://fluhealer.blogspot.com

      Reply

    18. hyg Says:

      Tweedle dee and Tweedle Dumb. And man from ape. Oh well, at least all of the white european christian women still believe in you. They watch Oprah.

      Reply

    19. chemtrailzombie Says:

      were doomed by the FED all part of the scam, nwo plan to undermine the usa , the usa build up on the top for control by war for years world war 1 and 2 and the rest , the fed then war ,banks,corporations then the fed then governments and peoples getting used under paid and over charged .

      Reply

    20. Mason Mystique Says:

      Stay strong, people. There’s no need to revolt against something that doesn’t matter. The power of the mind is stronger than the edge of a sword or a barrel of a gun.

      Peace and love is the only answer on this round.

      Reply

    21. JackieG Says:

      Didn’t the stock market enjoy a huge rally after the 1929 crash
      ….up until it just fell right off the cliff in 1931??

      Reply

    22. B. Finkle Says:

      Those rotten bastards did this…….
      http://www.youtube.com/watch?v=JKcV-t2MjU4

      Reply

    23. fluhealer Says:

      Did anyone see the videos of the Spanish Nun and Doctor revealing the truth about the dangers of Swine Flu vaccine? This is a must watch video, you have got to see this video! Watch it at http://tiny.cc/ifrZ8

      Reply

    24. Nance Says:

      Bernanke and the rest don’t look so COCKY now, do they? As Gerald Celente has said, “I wouldn’t
      follow them across the street”! Bernanke has been wrong on not just one issue, but most. Why would ANYONE listen to them? They say what they’re told to say, plain and simple. Whether many want to admit it or not, especially those that voted for Obama, we are in a WORLD OF HURT, and nobody seems to have a viable solution to get us out. At least one that wouldn’t take a great deal of sacrifice.

      Reply

    25. Truthsayer Says:

      B. Finkle is gay with fluhealer

      Reply

    26. cooper Says:

      After watching a lot of videos, (esp: strange case of Josephe Moshe, Trolling for swine flu, debate fema camps trains trucks buses coffins swine flu and martial law) reading and corresponding on this site, it all seems to be coming together!

      I went to to veteran’s cemetery here when it was reported (on pp) plastic coffins had arrived in our city and sure thing, they were there. There are over a thousand FEMA camps ready for business, trains outfitted for prisoners, buses and our soldiers and the UN soldiers are being trained for martial law.

      All of this equipment was ordered years ago!!!!! Mainstream media says nothing!

      The H1N! vaccines are going to be used as a bioweapon by plan at this time so martial law can be called, the bank holiday is coming soon, the new currency is here and they have to devalue the dollar and all hell will break loose at the same time all by design.

      Oh yea, and culling the population at the same time!

      Reply

    27. The Truth Says:

      Over many years we have all been lied to by our Governments, but not just our Governments but many religous leaders. Many things we have been taught are not even in Scripture and millions have swallowed so many lies by these false prophets. If you are a truth seeker please visit the following web site and take the time to read some of the articles, you will be shocked.

      http://www.2besaved.com

      Blessings
      Ben

      Reply

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