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  1. I don’t even watch the news anymore. Everything is agenda driven based on a modernistic ideological bent. I’m happier now. I appreciate this website. Thanks.

  2. The recession is over, You can all go home now, according to eCONomist Brian Wesbury.

    From Micheal Panzer’s May 6 comment, All Too Familiar

    http://www.financialarmageddon.com/2009/05/all-too-familiar.html#comments

    Once the “real” recession started–the one that began in September–we consistently forecast it would be over by mid-2009, earlier than many (including the Federal Reserve) predicted. Now it looks like our V-shaped recovery is underway. When the NBER eventually gets around to declaring the recession end date, we think it will be May 2009.

    According to eCONomist Wesbury is all wildly fantastic as the stars are in allignment for recovery.

    Then the following is one of the posts is the comments section.

    Brian Westbury on Kudlow and Co, 12/12/2007, “This whole recession is a figment of people’s imagination.” Jerry Boyer “Here here.”

    Brian Westbury on CNBC on, 12/24/2007, “The US Equity market is about 25% undervalued today.

    Brian Westbury on CNBC on, 1/22/2008, “There is really no evidence that the economy has turned over” “Initial unemployment claims were at 301 thousand in the latest reporting week. This is so far from a recessionary level I’m like, I’m shaking my head at anybody who thinks we’re in a recession.”

    Brian Westbury on CNBC on, 1/24/2008, “Well I’ve never felt like we even came close to a recession, nor would we come close to a recession”

    Brian Westbury on CNBC on, 3/20/2008, “We’re not going to have a recession. In fact the economy is going to finish the year on a very, very strong note……Our forecasts say about 2% growth here in the first quarter and probably about one to one and a half in the second quarter. So we think we’re going to avoid anything that looks like a recession this year, yeah there’s some weak data right now, ahh but to me it does not look like recessionary kinds of data.”

    Brian Westbury on CNBC on, 5/30/2008, “I think the thing that’s different here, is that it’s now very clear that the economy, at least to me, is going to avoid a recession that the Fed is now done cutting rates dramatically, in fact may be raising rates pretty soon and that’s a whole different environment and that’s I think good for the stockmarket which means the economy is stronger and is also negative for oil”

    Brian Westbury on CNBC on, 5/30/2008, “I think that they will take it back mainly because we’re gonna be growing at a three and half to four percent rate in the second half of the year and inflation is not gonna go away, in other words it’s gonna be so obvious to everyone that they need to be raising rates that it’s not just taking it back it’s really they’re gonna have to react or they’re gonna have a problem the other way.

    Brian Westbury on CNBC on, 5/30/2008, “I think we’re gonna, I think this market is gonna take off, our Dow forecast by the end of the year is still 15,000.

    Brian Westbury on Kudlow and Co, 06/09/2008, “The economy is now coming out of its slow period, our forecast is that we’re going to have three, three and a half percent growth in the second half of this year.”

    Brian Westbury on Kudlow and Co, 09/05/2008, “….between December and June, gasoline prices went up 17 cents a month, it was a killer, people were shocked, and I believe that’s what we’re seeing here, it’s just a shock to the system, we’re now bouncing back, auto sales soared and truck sales soared in August, I think this economy is nowhere near a recession.”

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