Friday, July 16, 2010

THYME Magazine

Citizen Journalism with a Better Flavor

thyme0229
Volume II, Issue XXVI

The Economy is Back... The Economy Stinks

The 'other' Weekly News Magazine [click to read] was out with this bit of conflicting analysis. The economy is recovering according to some but if you are tied to construction as I am you know the hard truth. But who should YOU listen to?

Fair question. Go back to 2005 -2006 when we were enjoying the fruits of our labor in my industry but some in Washington were warning us of crisis in Freddie Mac and Fannie Mae. Tell me, which side of the aisle where they on? Funny how the MSM has pretty well placed the blame for the whole debacle on the Conservatives but it was Barney Frank who was lying to us at the time. Everything was fine, "don't worry, be happy." John McCain and others in the 'evil' Bush administration raised red flags but were ignored. Franklin Raines took his $90 million in bonuses for bundling bad mortgages and the rest is history.

Still an article in today's News Leader finds, through Bloomberg News, a poll saying George Bush is to blame. Ignoring the whole Tea Party phenomenom, the article suggests that Democrats can win by running agaiust George Bush. Articles like this make me wonder how much hemp is actually smoldering in American newsrooms.

Problem is the old 'Misery Index' would suggest otherwise. As we revisit the policies of Jimmy Carter it should become clearer to the American people. It's getting to the point that Carter could ask: "miss me yet?" Now all we need is to find a 21st Century Ronald Reagan!

3 comments: