Saturday, April 26, 2008

Recession of 2001

Recently, I came across the following website. I suggest you check it out if you are a policy holder of Farmers Insurance Group or thinking about having them insure you in any capacity: www.farmersinsurancegroupsucks.com



https://affiliates.visionforum.com/idevaffiliate.php?id=367


The above link is for a company—Vision Forum—that provides unique products for the family. I am an affiliate for the company and receive a small commission whenever someone uses this link and then makes an unreturned purchase while using the link. Check it out. I think you might like the products offered. I do. See my more complete explanation on my post of February 1, 2008 entitled “Affiliate program with Vision Forum.”

Based upon past historical data: 3,287+ UNBORN BABY MURDERS have occurred in the last 24 hours in the United States. See my post “BABY HOLOCAUST” posted January 22, 2008.

Recently, I’ve been involved in a problem one of my clients has with Farmers Insurance Group. My previous posts in relation to this problem were:

September 10, 2007 post: “Beware of Farmers Insurance Group”
September 11, 2007 post: “Farmers Insurance Group’s response”
September 18, 2007 post: “Farmers Insurance Company received the requested list”
September 19, 2007 post: “Farmers Insurance Company’s response to the list”
October 16, 2007 post: “Farmers Insurance Group and my request for information”
November 27, 2007 post: “Farmers Insurance Group does not respond to my request”
January 11, 2008 post: “Farmers Insurance Group latest stall”
January 12, 2008 post: “Farmers Insurance Group is sent a response”
January 14, 2008 post: “Farmers Insurance Group pays some money”
January 19, 2008 post: “Farmers Insurance Group continues to be obstinate”
January 26, 2008 post: “Farmers Insurance Group receives another request”
February 11, 2008 post: “Farmers Insurance Group shows how low they will go?”
February 12, 2008 post: “Farmers Insurance Group: If I were going to respond to the final letter”
February 13, 2008 post: “Farmers Insurance Group and associated companies”
February 14, 2008 post: “Farmers Insurance Group and how others rate the company”

I will not be continuing my Creationism posts today. I do plan to return to them soon.

Then, I plan to answer the response about Iraq. I am sorry for the change in plans. Plans, in reality, often are altered for one reason or another. “The best laid plans … often go astray.” Thank you for your understanding and patience.

How many unborn toddlers were murdered today because of the humanistic, paganish, barbaric decisions of the United States Supreme Court?

Stop the
Murder of
Unborn
Toddlers

“Anyone, then, who knows the good he ought to do and doesn’t do it, sins.” James 4: 17 (NIV)

www.farmersinsurancegroupsucks.com

www.childpredators.com

www.lifedynamics.com

www.libertylegal.org

www.alliancedefensefund.org

www.searchtv.org

Did the United States experience a recession in 2001? According to some radio newscasts, local TV news, and local newspaper reports, we did. (I don’t watch national TV news.) Even some economists seem to talk about the recession of 2001. So, did we have a recession in 2001?

NO!!! We have not had a recession in the 2000’s according to the accepted economic definition of a recession. That definition defines a recession as two consecutive quarters of negative economic growth.

A chart published in the Wall Street Journal (October 28-29, 2006, page A3) provided the following information. The source for the chart was the Commerce Department. The heading for the chart says “Economic growth, at inflation-adjusted annual rate since President Bush took office.”

The first quarter of 2001 was slightly negative. The second quarter showed a growth rate of approximately 1+%. The third quarter, right after the 9/11 terrorist attack of 2001, had a negative growth rate of about 1.75%.
Since the third quarter of 2001, every quarter has had a positive growth rate. Therefore, by definition, the United States HAS NOT had a recession since President Bush took office because there has not been one instance of two consecutive quarters of negative economic growth.

Every newspaper article, every radio news report, every TV report, every economist, every politician who mentions the recession of 2001 is absolutely, unequivocally, positively WRONG!!! What conclusion can be drawn about those who discuss the “recession of 2001?” Could it be that they don’t know the definition of a recession? Could it be that they are they just plain lying?

Therefore, this post is ended. There is no economic recession of 2001 to discuss!!!

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