On 23/02/2010 7:07 PM, bpuharic wrote:
On Tue, 23 Feb 2010 17:46:42 -0700,
wrote:

On 23/02/2010 10:01 AM, wrote:


http://tinyurl.com/ycwcnfm

The Obamanation at work. Looks like every president before him did a
better job when recessions hit. But Obama is still talking and debt
spending.

since there never has been a recession like this since 29, and that
one led to 25% unemployment

we can see his view that tens of millions of people walking the street
is fine

as long as the rich do OK

In real no BS unadjusted terms, raw unemployment will go past 25 this
year. I figure in October/November.

Because Obamanomics is about screwing producers and rewarding the
corrupt. It is a 100% dismal failure from a big mouth buffoon.

And as other debtor governments are now doing, they are pulling in the
spending horns real fast as they know the bottom is yet to come.
Governemtns are offering bond, they go unfilled. Yep, governmetns are
now becoming worried as the big debt ponzi scheme didn't work.

Did you know as of Sept 2008 when it looked like Obama was going to win,
the US government hasn't been able to borrow the money it needs from the
markets? It is wholely created new money... inflationary money.