I should have blogged this yesterday but it's too good not to go back for . . .
Lately I've noticed that so many people are ready to say that the recession is over . . . The recent actions of an economist in Kansas City provide a great indicator about the real world and enduring implications of an extended recession.
An economist on leave from the federal agency that insures bank deposits has been charged with the April 11 attempted robbery of a Kansas City-area bank.Yeah, when economists start robbing banks, I'm guessing that's a sure sign that the end of the recession is nowhere in sight despite the fact that print media reporters are willing to believe any bit of good economic news they hear.
Jeff Walser said he had a bomb in his briefcase and demanded money at the Bank of America branch in Independence, but did not take $41,000 brought to him by an employee, according to an indictment filed Tuesday.
Walser, 51, surrendered to police and was being held in federal custody, the U.S. attorney's office said.
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