"No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine." - - - William Blum

June 05, 2009

Bits and Pieces for the Week of May 31 - June 6

Timing is not one of the stronger suits of Christian Extremists. Days after Dr. Tiller was assassinated in church, a church pastor tells his flock to bring their guns to church for a celebration (of guns and religion). (Mike)

My state of California, in response to its financial woes, is trying to reshape state government from a rectangle into a triangle. (Mike)

Check out this video of Obama going out to get a hamburger. The reactions of the customers are priceless. (Mike)

Besides his being black, the hidden corporate powers that actually run the U.S. might use this as a reason to conspire to have Obama assassinated. (Mike)

Don't look to Dow Jones as an economic indicator. (Mike)

In response to the Republican Conservative Terrorists' claim about Dr. Tiller's late-term abortions (Mike)

Didn't the DHS come out with a report warning everyone about right wing extremists... causing the right wing pundits to ridicule and ask for the resignation of DHS head, Janet Napolitano. Unfortunately, the suspect in Dr. George Tiller's assasination is a "Militia Member". "A bombmaker, tax protester, member of the "sovereignity" movement, anti-abortion zealot and Operation Rescue member: the arrested suspect manages to fit every stereotype of right-wing militia teabagger." I thought anti-abortion activist's cherish and love life? What say you now right wing pundits... pretty accurate report, eh? RIP Dr. Tiller. (7 of 6)


muckdog said...

Historically, the DOW has tracked the SP500 and W5000 pretty closely. I prefer the latter.

Of course the market reflects the economy. The author is looking at jobs, which is a lagging indicator. The stock market is a forward looking indicator. The stock market doesn't care that GM went BK on Monday, because that was priced in in Fall 2008.

Besides, losing GM doesn't affect the US economy because some other company will build, sell, and maintain cars.

muckdog said...

On that last comment... Yes, it will affect those who work at GM. But my guess is that Ford and Toyota sales will go up, and they'll need more domestic US workers.