Just this morning it was announced that Food Stamp recipients hit a NEW RECORD,44.2 million people are now relying on the government for food. That is one hell of a bread line if you ask us.
Of course the chart of the day is Tim Geithner's strong dollar policy.
Dollar Index
Dollar Index
Interesting, it's the exact opposite of the Dow Jones. We wonder if Tim Geithner meant to say he believes in a strong Dow policy and that he could care less about the 44.2 million people requesting help with rising food costs. As noted in our last update, food costs now account for 15% of consumer spending, up 2.8% since the official recession ended. By the way, we just filled up with regular gasoline and our total bill for 18 gallons was $76!
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