Professor Bainbridge...on law, politics, religion, culture & food

Yeah, right.

Consumer confidence is at its lowest level since Nixon was President because the liberal press like the Wall Street Journal is exaggerating the economic problems and the financial crises on wall street.

Do you really expect your readers to believe this crap.  Next you are going to be quoting Larry Kudlow.

Psst… don’t tell anybody about IndyMac either.  You might start a run on a very sound institution.

I can’t speak for the media reporting on Obama, but I can say that they don’t need to exaggerate the economy. To quote Harry Truman:

“It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.”

I now have 3 friends in banking and investments who have been laid off in the past 2 weeks. If this keeps up, Obama won’t even have to break into a sweat. Frankly, things stink right now; the Media is not making things up!

Surabaya Stew,

So people in under performing parts of the economy (investment banking, newspapers) are getting laid off? What a surprise.

And parts of the economy with good prospects (power engineers for alternative energy) are hiring?

Who could have guessed such a thing?