Cached/copied - 032407 - mpg
Non-Farms Payroll chart added - 013108 - mpg

Now note the chart Effective Fed Funds Rate - how each recession occurs right around the "two's"
 of each decade..... proceeding the start of most of this Nation's wars
.  Now isn't that interesting, or to use another phrase -
how "fortuitous" is it that these wars always seem to start near the bottom of the recessions . - mpg

Effective Fed Funds Rate

Total Nonfarm Payrolls




START OF WARS - APROX.

Korea - around 1952
Vietnam - around 1962
1972 - Nixon, Wartergate, Oil crisis - no wars started
 1982 - small wars Granada, Panama, Lebanon
1992 - (back on track yipee!  Thanks to April Glispie) - Gulf War I
 2002 - (thanks to that fortuitous 9/11) - Gulf War II

a.k.a. "the long war" the "thirty years war" "the PNAC Plan" etc.

"Every ten years or so, the United States needs to pick up some small crappy little country
 and throw it against the wall, just to show the world we mean business." - quote attributed to Micheal Ledeen

Otherwise known as the US's ten year cycle of "Keynesian military spending" - mpg

See also....The Economic Impact of the Iraq War and Higher Military Spending - PDF - or in HTML

War and Inflation
Economic Cycles and Political Trends in the United States
Sell the rumor, buy the news
Money Supply is Soaring ... Right?

Money As Debt - also posted at ICH
(Google 47 min 7 sec - Feb 12, 2007)

FIAT EMPIRE - Why the Federal Reserve ...
(Google - 58 min 53 sec - Dec 5, 2006)