Retail sales show recession far from bottom

Sales are down. Spending is up. Credit is gone. Production is down. Inventories are up. Obama says the fundamentals are bad and then they are good. He says we're in for a very long and deep recession and then he says it's not as bad as we think, then he says it is. I think the president is regressing to his childhood when his favorite thing to do is go up and down on the seesaw. I think I would very much like that technology used for the snipers that were ordered by the Commander-in-Chief Obama to shoot those black teenagers. You know, the stuff that kept the weapons balanced despite the ups and downs of the sea. If we could only apply that to our stock market here... Retail sales show recession far from bottom: "WASHINGTON (Reuters) – Sales at U.S. retailers unexpectedly fell 1.1 percent in March after rising for two straight months, government data showed on Tuesday, dimming hopes the 16-month-old recession was close to hitting bottom. A separate report showed prices received by U.S. producers fell a surprising 1.2 percent last month, underscoring the economy's weakness and lack of pricing power. Despite the weak March sales data, economists said consumer spending likely rebounded in the first quarter, which could mean gross domestic product fell less steeply than the 6.3 percent annual rate recorded in the last three months of 2008."