So ... all morning I'm hearing some happy talk about the next quarter and beyond ......

[Stinky The Clown]

.... a lot of the yakkers today, and speechifiers like Bernanke, yesterday, are saying that the fourth quarter of last year will be revised downward, the current quarter will be worse, then things will start to trend upward, but slowly at first, and that employment will lag a quarter or two behind the initially slow growth. By 2010, they're saying, we'll be out of the recession.

So why am I skeptical?

Because last week NO ONE was saying this and today EVERYONE seems to be.

That just smells too much like some command and control operation re-queued the record on the turntable.

[driver8]

1. This is all bullshit.

Nobody knows what is going to happen -- they are grasping at straws and trying to spin something into substantial news.

[madokie]

2. You know it is

for the most part the voices we hear on our teevees are not voices of our friends. They are part of the problem imo

[Mist]

3. They're desperately trying to pump up confidence in the market w/hot air. Ain't gonna work. nt

[spanone]

4. i guess they are thinking the stimulus package will make a difference

[fasttense]

5. These are the same idiots who touted supply side economics.

They claimed to be able to create demand merely by offering a product. Soooo, there are tons of unsold cars, homes, services, just sitting there waiting for this created demand. Get a move on supply-siders, start creating that demand. We need it yesterday.

[Raster]

6. The talking heads are just chumming the water. That's their job. Gawd forbid, they would actually

investigate and then fairly and accurately report.

[Gidney N Cloyd]

7. Raising expectations on the stimulus so they can get a jump on claiming it hasn't worked?

[specialed]

8. They're full of crap.....

No clue when things will turn around for sure. I see more hurt through the rest of 09 due to more mortgage failures on ARM resets.

[closeupready]

9. Lies. That's what they are paid to do, if necessary.

n/t

[Tierra_y_Libertad]

10. "Don't worry Mr. Jones, the leg we amputated will grow back, slowly at first, then..."

[madokie]

11. I've got the tv on right now thinking for some reason that our fine President is going to have

something to say and I notice ole pat pucannon looks like he may have taken a shower and put on a recently cleaned suit jacket. That voice of his drives me up a wall, I'm ah thinking that someone cut him back when he was a kid or his nutts just never dropped.

[blues90]

12. Well they can pump this lie full of hot air all they want

But the people who are caught in this economic break down know just where the truth is.