Monday, March 09, 2009

DUH of the Day

Most politicians are masters of speech without substance, and this holds true on an international level. Case in point, from the G10 spokesman.
"We have a number of elements that are suggesting that we are approaching the moment where you would have a pick up," European Central Bank head Jean-Claude Trichet said in his capacity as spokesman for the G10 central bankers meeting at the Bank for International Settlements (BIS).
Approaching the moment of a pick up? Let's define approaching:
- verb: to come nearer to
So if we EVER get out of this recession, then by definition we are approaching a pick up. Way to really stick your neck out on that prediction there, M. Trichet. You got paid how much to reach that conclusion?

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