Mar 31 2008
There is a “Great Depression” coming – but it is not a financial phenomena. It is a narcissistic and gluttonous obsession that is emanating from the psychotic bowels of a dying industry – the liberal news media. After decades of developing a liberally slanted bias over many decades that has never been seen before (and probably never to be seen again) in any industry, the liberal news media is dying from its own excessive depression.
After years of lying to America, and finally being exposed by the electronic pamphleteers of the internet and blogosphere, by people who really do know the subject matter the liberal news media just cannot grasp, so it has developed a mythical fantasy world about, the news media is dying. And it is depressed. Boy, is it depressed. I mean, it is so depressed and so full of doom and gloom and “the end of the world is nigh” crap the whole damn industry needs to be put on a suicide watch.
America, and just about everyone in the world, gave credibility (and therefore value) to any business that could demonstrate that they could provide clear, concise and accurate information to the masses on key critical events of our time. But once those businesses showed they were willing to shade the truth, hide the truth and even make up the truth (e.g., Rathergate, the Downing Street Memos), then their credibility – and value – was destroyed. And now that these dinosaurs, who when faced with 90% liberal workforces refused to diversify and reflect the societies they supposedly worked for, they began to die off. And as far as their dismally depressed minds are concerned the world is coming to an end:
USA 2008: The Great Depression
We knew things were bad on Wall Street, but on Main Street it may be worse. Startling official statistics show that as a new economic recession stalks the United States, a record number of Americans will shortly be depending on food stamps just to feed themselves and their families.
Dismal projections by the Congressional Budget Office in Washington suggest that in the fiscal year starting in October, 28 million people in the US will be using government food stamps to buy essential groceries, the highest level since the food assistance programme was introduced in the 1960s.
Oh pullease. As wide screen, high definition TVs continue to roll off the assembly line and into home theaters that include Blue Ray DVD players and $700+ gaming systems tied to high speed internet access we are hardly heading into a Great Depression – but of course the soon to be out of work and still clueless news media industry is a different story. America’s unemployment rate is lower now in the Bush years than it was during the great economic years of Clinton – imagine that? Some of the United States of America have large economies than over 90% of the countries on this planet. We have been fighting wars on two fronts for 7 years and we have not suffered any economic sacrifices to do so.
The next “Great Depression” is what the liberal news media and the far left are going to be going through as their democrat candidates kill each other slowly over the next few months, as Iraq finally arises from the years-long war, as al-Qaeda is vanquished from Iraq, Lebanon, Libya, Afghanistan and – yes – Pakistan. As the world survives and thrives, and none of the pessimistic predictions of loss, promulgated by the largest group of losers in the history of mankind, fail to come true, the next Great Depression will be amongst the far left, as their delusions crumble against the cold hard reality. When you look at the facts about the last real Great Depression they bear no resemblance to today’s economy:
Economists have disagreed over its causes, but certain causative factors are generally accepted. The prosperity of the 1920s was unevenly distributed among the various parts of the American economyâ€”farmers and unskilled workers were notably excludedâ€”with the result that the nationâ€™s productive capacity was greater than its capacity to consume. In addition, the tariff and war-debt policies of the Republican administrations of the 1920s had cut down the foreign market for American goods. Finally, easy-money policies led to an inordinate expansion of credit and installment buying and fantastic speculation in the stock market. The American depression produced severe effects abroad, especially in Europe, where many countries had not fully recovered from the aftermath of World War I
In the United States, at the depth (1932â€“33) of the depression, there were 16 million unemployedâ€”about one third of the available labor force. The gross national product declined from the 1929 figure of $103,828,000,000 to $55,760,000,000 in 1933.
Is Europe reeling from the effects of a World War? No, they are actually quite strong economically. Do we have 33% unemployment? Of course not, we are at levels considered full employment. Has our GDP been cut in half? Hell no, GDP has been growing by leaps and bounds. So what is it that is causing these cries of doom and gloom?
Here is what is so depressing that it is causing a “Great Depression” on the left and within the liberal media: America is not doomed. America is not evil. America is winning against al-Qaeda. America is still the envy of most of the world. America is still that shining city on the hill. And nothing depresses liberals more than a successful America. Nothing.
What is happening is one industry is dying because it produced a crappy and biased product, because it tried to pass forgeries and fakes onto the American public as facts of the highest quality. A whole business sector tried to lie to America and lost its credibility, and therefore it lost its source of income as Americans went elsewhere for news and analysis. The only depression is surrounding those who took the trust and faith of the American people and abused it – and therefore lost it. BFD.