Down is Up

Apparently California's already in recession.

Countrywide's lending is down 44% in September (and foreclosures doubled).

Good thing there's no inflation

Heating oil up to 22% this year
Propane up 16%
Natural gas up 10%
Electricity up 4%.

And the economy is doing super.

Building material imports - down 20%
Furniture imports - down 17%
Clothing imports - down 10%
Footwear - down 8%

Wall Street types are still completely out of touch and total jerks.

Morgan Stanley traders are so smart they lost $433 million in one day.

Goldman Sachs holds $72 billion of assets that are priced using the "mark to make-believe" method.

The dollar is more worthless every day.

So, naturally the stock market is at all time highs.