Dec

02

The NBER Is So Smart: Recession Announced

Filed in: celebrity by admin on 12-02-08

recession.jpg

REALLY?! Ohhhh really?! Well congratufuckinlations you stupid stupid idiots who finally admitted that shit.

Yesterday the extremely smart National Bureau of Economic Research stated how the economy is at it’s lowest in a very very long time. Here’s a little overview of what a recession is for my economically challenged readers:

A recession happens when the GDP ( gross domestic output) of all the goodies and services declines for two quarters in a row.

Our very smart president issued a statement about the financial crisis, the millions of jobs destroyed, all the damaged banks and accounts:

I’m sorry it’s happening, of course.

WHAT THE..!? I feel like he just doesn’t care, but it doesn’t matter I guess since he’s got about a month or so to be in office. He’s probably going to spend his time pardoning fucking CEO’s.

Our amigo Henry Paulson even released a statement about the 700 billion dollar bail-out:

I have confidence that we are pursuing the right strategy to stabilize the financial system and support the flow of credit into our economy

He probably meant to say ” flow of credit into my wallet…”

These politicians are incredible. Everyone is literally killing themselves over the crisis for such a long time, and now they come out: It’s a recession bitches…

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