Parabolic
So, let’s start with the Massive Drop in the DOW we’ve all heard about:
Holy shit! Pretty significant, ain’t it?
How’s it compare to the last five years?
Wait… so we ain’t even hit bottom yet? What about the past fifty years?
Hmm… now I ain’t no mathematician, but I’m detecting suggestions of a parabolic curve there.
Suggestion: the economy is improving DESPITE government intervention. Meddle as much as they want, they can’t stop the iPod.
None of this is to defend Obama, mind you – August 2nd was the most embarrassing and pathetic instance in American politics since the first rebellion.
But ultimately, our goal ain’t to survive forever – it’s to engender the tech that’ll allow us to survive forever.
Revolution now? Or tread the water for 30 years, ’till we upload?
I’m working on it.
When looking at the reasons behind the decreased credit rating it is important to note that it’s not just mathematical formulas that impact this decision but also the perception of the country’s ability to reliably repay loans. Given that the sycophants of the left, led by their spend easy Pres, have insisted and still insist that the only solution to the american economic recession is more spending and they seem to be able to pursue that agenda despite all evidence pointing to its failure, it becomes easy to see why S&P would slash the credit rating. The global economic community does not agree with Obamanomics, the IMF doesn’t, the world bank doesn’t, and S&P doesn’t.