Paulson and Bernanke carpooled

Two stories were both old news
As to whether these two the Fed Chairman and the Treasury Secretary carpooled or not Logic does not know but their equally same sounding statements are being told about two years and nine months later according to our calculations.

If we are wrong why did the government make filing for personal bankruptcy harder back in 2005 before the housing market bubble, in our opinion began to show the tell, tell signs of bursting in late March 2006.

Do not buy into the Opps factor
In life folks there are never coincidences only planning and the thought that we believe these highly educated economists paid by us the tax payers you and I were possibly withheld the data they had in their hands trying to hold off what is now headed our way. Please read the next posting down this blog page titled Economic Injury you will see what holding out vital information is going to lead us into.

Consumers need to focus on paying down debt and then building on savings
We cannot believe the government is holding out that tomorrow is going to be bailed out instead of allowing our country and the world to pay back the easy times of the past 15 to 20 years though the past 7 to 10 years were the accelerator that landed us here and has now placed us in chaos. Restore the consumers credit card rates and available credit, no way this is dishing out more of what the banks and the Fed just got done doing. Credit should be earned after proven there was a good reason why you had to save up your money to make a down payment on homes and cars and credit should not a right of passage or something.

Logic knew what to look for and so did the Fed
The government knew it should have begun back when Logic saw this unless these same people were either not looking into (not doing their jobs) or were told not to look into these escalating issues we are all now going to be paying for, for the coming 2 to 4 years then followed by an additional flat economy from now and for 20 to 30 years paying down debt then saving for decades to come educating our children similarly as our parents and grand parents did following the Great Depression though never to repeat history in the same way this to will be done differently then back then.

Economic Indicator was telling the US Government what was coming
How easy was it to see this coming, even for a hobbyist economist like Logic is actually a simple view into one a main single fundamental called household earnings to barrowing ratio that got ignored as it separated too the largest level since the Great Depression.

You did not have to be an expert to see this coming
Logic in no way has the economic skills of these two gentlemen Bernanke primarily and Paulson secondarily as well both are surrounded by armies of experts paid again by you and I the tax payers to report the honest truth.

Please form your own opinion
So please take a second and ask yourself this, why did they actually know what and where we were headed and if we are correct and I bet you we are then who forced them to stay quiet about this important and catastrophic global information?

Economic Injury

What is up on Black Friday is down on Monday’s market even Cyber Monday
Logic is going to stay short on today’s market report and results as this is no surprise to Logic as you can look within this blog since June 2008 however we have been at this economic anylyzing as our hobby since 1983.

We hope you can see where we predicted the global population is moving into saving their money and not spending it on anything they do not need. We are going to see the US savings rates go from negative savings to +8% over the next 20 to 30 years. Please not we predicted with our friends the end of the housing boom in March 2006 in our opinion.

Unless your head has been buried in the sand
This should be of no surprise that our economy is two years from a correction to the masses. What is still in need of happening is three things off of the top of Logic’s head.
1 Unemployment mostly from sells of most stuff, retail and food services must fall a long ways around 51.5 million or a guess of 40% of actual employable.

2 Commercial retail space vacancies must come down around 50%. Why consumer spending becomes bill paying and saving their money.

3 A time of third world nation rioting then some civil unrest nearing Q-1 of 2010. Cause a taste of money now taken away but these people are hungry for more.

Positive Rewards of a down economy
After all of these events take place call them corrections on steroids, we will slowly move along not up not down for some 20 to 30 years with moderate signs of upswings here and there and finally after paying the price for easy credit for things we truly did not need nor reaslly earn and with a stable household cashflow in the bank of the masses, America and the Global economy will once again see sunshine days and starry nights.