Monday, December 24, 2012

Keep cutting the budget......

You think it will ever dawn on them that firing government employees and cutting everybody's checks is not a good thing?

Are we next? I doubt it. At the last minute we will be saved by our fearless leaders as they kiss each others asses and slap each other on the back for being fiscally responsible as they shovel billions to the gang who owns us.

I guess it's only me but you ever wonder where all that government money we get goes? I sure don't to keep much. I know Walmart gets a bunch so I expect that only the largest corporations who give millions to political campaigns end up with most of the money.

Kind of like building secret multi billion dollar weapons to protect us from box cutter sneak attacks, right?

Mish's Global Economic Trend Analysis: EU Car Sales Drop 14th Consecutive Month; Car Sales Plunge 20.1% in Italy, 20.3% in Spain, 19.2% in France, 3.5% in Germany, Rise in UK

From Google Translate Car sales plunge another 10% in Europe and UK only grows. In the markets of the European Union, in November, with the same computation of working days in November 2011, highlights the sharp rise of 11.3% for the UK, while other high-volume markets have reduced their records: 3.5% in Germany, 19.2% in France, 20.1% in Italy, and 20.3% in Spain. From January to November, the scenario is similar, with the UK as the only major market expansion (+5.4%) and Germany (-1.7%), Spain (-12.6%), France (-13.8%) and Italy (-19.7%) in contraction. The used passenger car market declined 5.6%

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