Directive 10-289 Watch

“GDP collapse puts U.S. economy into recession red zone” | protein wisdom: "Bottom line: Growth the past two quarters has averaged about 1.6%. Not only does this mean the economy is growing more slowly than last year’s 1.8%, it is also slow enough to signal about a 50% chance of a recession within a year. And the third quarter also looks weak.

The anemic, three-year-old U.S. recovery is already running out of steam. And if it does, it may be several more years before we see unemployment below 8%.

Prediction:  if Obama is reelected, the post Jan 1 2013 tax shock will within a year effectively collapse the private sector economy, usher in buyouts of smaller competitors by connected corporate giants, create a perfect environment for coordinated crony capitalism, and lay the permanent foundations for the liberal fascist stopping point that always seems to block that one final turn down beautiful, bucolic Utopia lane."

And the film version is about to release:
But I'm afraid few will understand the need to avoid this outcome until it's too late and they're living it live ... and then ... dead.