ADP announced that another 750k people lost jobs in March.  The Labor Department’s official report comes out on Friday.  Meanwhile, the European are protesting, breaking windows, and rioting in London at the G-20 meeting.   The protesters are even holding signs that “CAPITALISM DOESN’T WORK”.   Sounds like America Doomed.

Meanwhile, the Financial Accounting Board is expected to water down the mark-to-market accounting rules.  This will result in banks valuing assets at any old value they want.  So, expect to see big profits from the banks as a result of this accounting rule; however, it will be fake, just like all of their earnings have been for years.  Changing mark-to-market is permission to cheat again.  I guess cheating is all they can think of because the truth is all big banks are insolvent.  They are just plain broke.  So, lie about the values of your assets.  How is that different that people lying about their assets or their income?  There’s no difference.

There are no jobs but there are incidents all over the country when people lose jobs.  Men fighting in Michigan when they lose their jobs because they will lose their house and family as well.  Families being killed when jobs are lost and there appears to be no hope.  Tent cities everywhere.  Yet, the media only reports few of the tragedies that are happening every day.  Republicans still don’t get it and want tax cuts to help the rich and their silly, stupid alternative budget.  Republicans should plan on building lots more prisons because previously law abiding people will take to the streets and destroy stuff, just like they are doing in London today.

This country is so completely and utterly destined for increased unemployment, riots, and more destruction.  Sadly, this is no April Fools.

America is doomed.