Newspaper logo  
Local Stories, Events

Ref. : Civic Events

Ref. : Arts & Education Events

Ref. : Public Service Notices

Books, Films, Arts & Education

Ref. : Letters to the editor

Health Care & Environment

09.23 Nasa launches satellite to precisely track how Earth's ice is melting

09.23 Climate study ‘pulls punches’ to keep polluters on board

09.21 Greed is killing Alaska's salmon habitat – but we can still save it

09.21 Trump administration poses new threat to birds in allowing ‘incidental’ killings

09.20 Al Gore Is Still Optimistic [24:06 video; rather than future Frankenstein governments, how can we better ensure having brilliantly efficient & competent governments?]

09.20 The $11 trillion question Chris Cillizza can't answer

09.20 Florence sparks pollution fears after excrement-filled 'hog lagoons' overflow

09.20 EU must end new petrol and diesel car sales by 2030 to meet climate targets – report

News Media Matters

09.22 Progressives to DNC: It Would Be 'Insane' Not to Hand Over Twitter Account to Ocasio-Cortez

09.20 Morning Edition’s Think Tank Sources Lean to the Right

09.19 Taibbi: Bernie Sanders’ Anti-Amazon Bill Is an Indictment of the Media, Too

Daily: FAIR Blog
The Daily Howler

US Politics, Policy & 'Culture'


09.23 Trump Is Strangling the U.S. Refugee Program to Death

09.23 Michael Moore's "Fahrenheit 11/9" Aims Not at Trump But at Those Who Created the Conditions That Led to His Rise

09.23 The Trump Administration's Latest Tax Scam for the Rich [video]

09.23 One Tiny Tax Reform, Billions for America

09.22 As Right-Wingers Push Trump to Fire Rosenstein, Here's What to Do If He Does

09.21 400,000 Americans in 900 Cities Ready to Take to Streets If President Trump Fires Rosenstein After NYT Bombshell

Justice Matters

09.22 Making Tariffs Corrupt Again

09.22 Why isn't Mark Judge testifying about Kavanaugh? He is an alleged witness

High Crimes?

09.20 Trump Should Be More Worried About the Brennan Dossier

09.19 'Killing a generation': one million more children at risk from famine in Yemen [Does America's government have empathy? Does it understand the concept of morality? The Saudi Air Force would be ineffective without U.S. military assistance...]

09.19 ‘Tied to trees and raped’: UN report details Rohingya horrors

09.16 Merchants of Death Profit from the Bombing of Children as a US-Backed War Goes Largely Ignored

Economics, Crony Capitalism

09.23 The Spider’s Web: Britain’s Second Empire [1:18:01 documentary video]

09.23 Why We Have To Break Up Amazon

International & Futurism

09.23 For This Year’s International Day of Peace, Korea Takes the Lead

09.22 Which nation is 'most generous' to refugees? Certainly not the US

09.18 Racist rioting in Chemnitz has reopened Germany’s east-west split [After 10,000 generations, we are all mixed-race. So let's become friends with our cousins instead!]

We are a non-profit Internet-only newspaper publication founded in 1973. Your donation is essential to our survival.

You can also mail a check to:
Baltimore News Network, Inc.
P.O. Box 42581
Baltimore, MD 21284-2581
This site Web
  Thinking about Recoveries
Newspaper logo


Thinking about Recoveries

by Fred Cederholm

While Creston’s recovery from Booster Days was immediate, and my personal recovery is ongoing for numerous months to come; I am not certain the US economy is doing as well as we are being led to believe by the “Powers That Be”.

I’ve been thinking about recoveries - revisited. Actually I’ve been thinking about my second post-operative return to normal, Creston Booster Days 2009, and the status of the US recovery. Some recoveries are immediate and automatic while others take time and a lot of effort and input.

You see I’ve been out of the nursing home for two weeks now. I’m making progress but compared to the recovery after the first surgery things seem to be moving at a snail’s pace. I saw my cardiac surgeon Dr. Myers last Thursday and my heart is progressing nicely. The only discomfort I have is in my right groin where I had the multiple angiograms. This is where they sent in the camera crew to check out my heart before, during, and after my surgeries.

I can walk about a 100 feet before the leg starts to bother me and I fear that suddenly the right leg won’t accept any weight. As a consequence I’ll probably be seen out and about with my four wheeled/walker chair for a couple more weeks. Bah humbug, it’s nice to have a chair with me if I get tired and need to sit, but the walker still makes me self-conscious. I didn’t want to have that with me at Booster Days, but I cannot afford a fall which could rip open my chest require a third surgery. No more surgeries possible for at least a year!

Booster Days, my home town’s annual carnival celebration, was this past week end. It was great fun and I saw (and talked to) scads of people. Creston’s grapevine had worked overtime during my second hospitalization and infection treatments as everybody seemed to have a good idea of what I had been thru. It was great to hear how good I looked even though I didn’t believe a word of it. I’m still down 70 pounds from my high of 265 in May. I feel like a skeleton and am almost at the weight a 6 foot 2 inches person should be.

This year I did the awards --- Cederholm Community Service Award, best lawn, most colorful plantings, etc. I also worked in the raffle ticket tent for two hours on Sunday afternoon (just as it started to rain big time). I was pooped from the limited activities and came home and crawled in bed for a couple hours’ nap. This morning the Creston park was pretty much empty and back to normal – so Creston had recovered from Booster Days by the next day. I’m sure other people were as tired as I was.

While Creston’s recovery from Booster Days was immediate, and my personal recovery is ongoing for numerous months to come; I am not certain the US economy is doing as well as we are being led to believe by the “Powers That Be” (PTB) in Washington DC. We have been hearing how the recession (nee depression of 2009) is over and things are picking up. BULL!!! Just how do you have a jobless recovery???

Washington is covering their behinds by “adding” that unemployment levels will continue at 10%+ levels for some time. I do not believe that unemployment is as low as the present and prior administration has indicated. When a person’s unemployment benefits run out, they are no longer counted as still being unemployed! If a full time employee (with benefits and insurance) finds three part time jobs (with no benefits or insurance), the bureaus of unemployment in the states and the nations capitol count that situation as a net gain of TWO JOBS!!! The Bureau of Labor Statistic sets their own rules and parameters. Released numbers are generally corrected DOWNWARD a months or two later on page ten or twelve while the original rosy scenario made it as a headline piece on page one.

Housing is also reportedly on an upswing. Are houses presently selling/re-selling in your neighborhoods? My take is that the housing crisis is that only ONE THIRD of it over. While the sub-prime mortgages teaser rates are long gone, those of any Alternative A loans and the interest-only adjustable rate (ARMs) have yet to hit. Housing like “the rosily reported unemployment numbers” is going to be a drag on the economy for quite some time – at least thru 2011 and possibly 2012 or longer.

Economists love to talk about recessions in terms of letters of the alphabet. Will a current graphing of the current downturn look like a “J”, a “U”, an “ L” or a “W”? My feeling is it will look like the letter “W”. The upturns in the stock market indexes are due to foreign holders of our TRILLIONs in trade imbalance holdings looking for something to buy in the US. I also look to the length (and frequency) of the trains which go thru my hometown. Note: the world’s largest rail intermodal facility is just a mere 15 miles to the west of my home. Truck traffic on the local through fares is a far cry from prior levels as well. Recovery...? Time will tell!

I’m Fred Cederholm and I’ve been thinking. You should be thinking, too.

Copyright 2009 Questions, Inc. All rights reserved. Fred Cederholm is a CPA/CFE, a forensic accountant, and writer. He is a graduate of the University of Illinois (B.A., M.A. and M.A.S.). He can be reached at

Copyright © 2009 The Baltimore News Network. All rights reserved.

Republication or redistribution of Baltimore Chronicle content is expressly prohibited without their prior written consent.

Baltimore News Network, Inc., sponsor of this web site, is a nonprofit organization and does not make political endorsements. The opinions expressed in stories posted on this web site are the authors' own.

This story was published on September 22, 2009.


Public Service Ads: