April Consumer Credit: +$1B (+0.5% annual) to $2.44T, vs. consensus -2B. Prior revised up to...

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nightfly Comments (1017)
 
OMG, from +2B to -5.4B? Somebody added instead of subtract some big numbers. I mean with that kind of revision, how useful can these numbers be?
7 Jun 2010, 03:41 PM Reply Like

Silentz Comments (706)
 
Must've been the same guy that predicted the jobs numbers last week...
7 Jun 2010, 04:07 PM Reply Like

youngman442002 Comments (5024)
 
Yes----something is wrong with these numbers....those are big changes....
7 Jun 2010, 03:54 PM Reply Like

randommw Comments (53)
 
Need to look at the adjustment relative to the total. It's been revised down 2.36% from $2,446,400 million to $2,390,000 million.
7 Jun 2010, 04:45 PM Reply Like

Carl Spackler Comments (416)
 
It just continues the theme - almost every economic number has been revised downward a month after it is announced. It's just the Obamunist's way of trying to make economic perception the reality. Lie today and maybe it will come true!
7 Jun 2010, 04:25 PM Reply Like

inthemoney Comments (981)
 
How many times do we have to repeat - it is not about Obama. It is about dems and reps and special interest screwing the economy together for the lst 20 + years. Grrrrr.
7 Jun 2010, 09:28 PM Reply Like

Harry Tuttle Comments (2221)
 
Didn't Paulson (and Geithner) say that we HAD to bailout the banks because otherwise they wouldn't lend?

How about if people don't want to borrow?

I feel like quoting Taylor (Charlton Heston) at the end of Planet of the Apes
7 Jun 2010, 05:06 PM Reply Like