Q1 GDP revised DOWNWARD to -1%. Unexpectedly, of course. The media cheerleaders were out in force: CNN: no big deal. Reuters: it was due to that coooold weather. Lucky Democrat Obama is president or old people, cats, dogs and children would be starving to death in the street right now.
Author: Bonfire of the Absurdities
After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.
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