Friday, July 17, 2009

The Economic Free-Fall Has Ended (ROLF)

Of all the statistics pouring into the White House every day, top economic adviser Larry Summers highlighted one Friday to make his case that the economic free-fall has ended.

The number of people searching for the term “economic depression” on Google is down to normal levels, Summers said.

Searches for the term were up four-fold when the recession deepened in the earlier part of the year, and the recent shift goes to show consumer confidence is higher, Summers told the Peterson Institute for International Economics.

So am I to take from this that Google is like one of those Eight Balls? You know the kind that you ask a question, you shake it, and then you turn it over for the answer. Maybe I will Google "Will I Be Pretty? Will I Be Rich?" and see what it says to me. My guess is that it the Eight Ball will say "Que Sera Sera"

Would you not think that someone who is the top economic adviser might actually use other indicators to illustrate his point rather than how many people are googling "economic depression?" Do you suppose with the unemployment rates in some areas in the double digits that perhaps some people don't need to google "economic depression" because they are all too aware of what it is since they are living it every day?

The Billings were laid to rest today. Incredibly enough Pamela Long Wiggins was released from Escambia County Jail on $10,000 bond, Escambia Sheriff’s spokesman Chris Welborn said today. She was charged Wednesday as an accessory after the fact to felony murder in connection with the shooting deaths of Byrd and Melanie Billings in their Beulah home last week.

Defendants cooperating with investigators said that the guns used during the robbery and killings were transferred into Wiggins’ minivan which was later observed at her antique business in the 4300 of Gulf Breeze Parkway, according to an arrest report.

Wiggins was a passenger while the Billingses’ safe and the guns were in the van “and had knowledge these weapons were used by the suspects during the commission of the home invasion (and) double homicide.”

Walter Cronkite died today at the age of 92. Best known as anchorman for the CBS Evening News for 19 years (1962–81). During the heyday of CBS News in the 1970s and 1980s, he was often cited in viewer opinion polls as "the most trusted man in America" because of his professional experience and kindly demeanor.

Finally, on a personal note, Darryl went on his interview and then called me. He told me that he was there for about two and a half hours. They gave him a tour of the company. The guy who interviewed him sent him to meet another executive there. After that he was sent back to the original interviewer who then took him over to personnel. He said the woman there spent time talking to him and telling him about the benefits. She also gave him the email of someone who wasn't there and told Darryl he should email him. I take this as a good sign. There was something said about being in China for a few months. We don't know what that was about.

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