Mar 31 2008

The Coming Of The Next Great Depression – Put The Liberal News Media On Suicide Watch

Published by at 10:24 pm under 2008 Elections,All General Discussions

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 economy—farmers and unskilled workers were notably excluded—with the result that the nation’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 (1932–33) of the depression, there were 16 million unemployed—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.

11 responses so far

11 Responses to “The Coming Of The Next Great Depression – Put The Liberal News Media On Suicide Watch”

  1. Terrye says:

    I was born and raised in Oklahoma. I grew up hearing about what they called the dirty thirties. My mother’s family lost a farm in the Dust Bowl and had to go to California to pick fruit, they were forced to live in a migrant camp.

    Is that happening now? Well, in Colorado the farmers had to use penal labor to work the fields because the migrants stopped coming and the locals refused to do the work…at any pay.

    My Dad’s people lost a great deal of their land, but held onto the homeplace. However, they did not buy coffee or sugar or shoes for years and there were times when they sweat coming up with the few dollars they had to have for taxes.

    My inlaws were in Ohio at that time, in Cincinnati. My father in law talked about kids jumping on coal trains and throwing the coal off for other kids who picked it up and put it in wagons to take home so that they would not freeze to death. There was no work, there was very little relief of any kind. There was no money.

    I think that gas prices have stressed people, especially those close to the edge anyway and many of them might be using food stamps to offset the increase in those prices. But we should also remember that there are more people in the country than there were in the 1960′s and so it goes without saying that more people will need help. It only makes sense.

    But this is not the Great Depression. Most people today think they are doing without if they can not afford cable.

  2. BarbaraS says:

    AJ

    Make no mistake. The liberals are trying to make this “depression or recession” come true. Their investors like George Soros and his ilk have been saying the stock market is failing. They want people to get scared and stop buying which would effectively cause at least a recession. They cannot stand it that the economy is so good. The thing that is not good is the gas prices. When they go up so does everything else. And whose fault is that? Why do the democrats stop us from drilling for oil in this country and building more refineries? The only thing I can think of is they are all in the Saudis’ pocket and are as crooked as can be.

  3. More Proof The Media Wants A Recession, Pt II…

    Remember yesterday that I said the media wants, oh so badly, an economic downturn? Here’s more p…
    Popularity: unranked [?]……

  4. truthhard2take says:

    http://www.americaneconomicalert.org/news_item.asp?nid=3139040

    Want the truth, or placebos?

    \”Joe Murray: The Right Time
    Patriotism, Protection And Prosperity
    By: Joe Murray, The Bulletin

    03/31/2008

    \”Buy from us, or go naked!\” Such was the taunt the Tories delivered to the colonies in 1768.

    Advertisement

    Enraged by a trade policy of advancing the interests of the Crown at the expense of the colony, the seeds of rebellion were thus fertilized with the frustration of the Founding Fathers.

    \”The war of the American Revolution chiefly grew out of efforts of Great Britain to cripple and destroy our Colonial industries to the benefit of the British trader,\” wrote Sen. John Logan in his 1886 book The Great Conspiracy. \”And… the independence conquered was an Industrial as well as Political Independence.\”

    After handing the Red Coats a one-way ticket across the pond, the Founders capitalized on their industrial independence by creating an economic system predicated on the commonsense principles of protection and preservation of domestic industry, especially manufacturing. Such was the key to unshackling America from the constraints of global dependency.

  5. AJStrata says:

    Truth,

    You cannot post full articles in the comments. Make your point, add the link and keep it short.

    AJStrata

  6. truthhard2take says:

    http://counterpunch.org/rockwell03312008.html

    The point is that free trade/outsourcing are destroying America
    economically and security-wise, outlined in the americaneconomicalert piece. Also here that Hillary can’t be trusted,as she has lied about opposing outsourcing when actually enthusiastically supporting it.

  7. ivehadit says:

    Buyers of the media tripe beware. There are no regulations on th m edia for false and misleading information as there are for EVERY INVESTMENT Group in the country. It’s really one of the most hightly regulated industries in the country. Every single piece of mail sent to a broker is read by compliance for (a small) example.

    Too bad the media doesn’t have the same regulations as their b.s. can be just as damaging if not more so.

    The antique media have become rogues, imho. And this depressions talk only helps the markets…hehehe.

  8. Terrye says:

    Free trade is not ruining America. In fact the stock market went up today because of increases in manufacturing, mostly exports. Now maybe truthwhat’shisface thinks that a trade war with our neighbors and allies will be good for our economy, but he is wrong.

    Most of those jobs were lost to technology not outsourcing. Anyone who thinks the big factories of the 70′s are coming back is an idiot. And by the way, if the American auto makers would try selling something other than $55,000 pickups they might not need protectionists to save them from the competition.

    Speaking of the Great Depression, it was protectionist legislation that kicked it off.

  9. truthhard2take says:

    http://www.chroniclesmagazine.org/?p=553

    no, Terrye, Smoot-Hawley did not cause the Great Depression, as Buchanan and others elaborate on here in this Conservative magazine.

  10. Whippet1 says:

    Truth,
    Buchanan? You just go from one extreme to the other don’t you?

  11. truthhard2take says:

    War criminality is pretty extreme.