On Yahoo's Financial Front Page:

Fewer layoffs expected as recession winds down- AP

First, the good news. Workers probably got slapped with fewer pink slips in July as the worst recession since World War II winds down.

Then, the same day on multiple web sites:

John Williams

Accordingly, a U.S. hyperinflation likely would force cessation of regular commerce, triggering a great depression of a magnitude never before seen in the United States.

Believe what you want. I am preparing for a depression. A severe depression. I am accumulating some cash, more silver and gold bullion, more Tyhee and other "GOLD" stocks...and just enjoying life.

No wonder the public is helpless. They are saturated with unending happy talk.

SM.