NYT MONDAY: TENSIONS GRIP OBAMA ECONOMIC TEAM... DEVELOPING...DRUDGE

DrudgeReport.com ^ | 06/07/09 | Drudge

[TornadoAlley3]

no link, just headline

[airborne]

...what the heck is wrong with our voters!

The legitimate ones, the illegal ones, or the dead ones?

[Palladin]

She’s Miss Piggy on crack.

[Arizona Carolyn]

the legitimate one’s.

[airborne]

The libs and the uninformed sheeple felt that they had a good reason to vote (for Obama) and the rest were so disillusioned with McCain that they weren't nearly as motivated as the left to vote.

It came down to one side having someone they wanted to vote for and the other side did not.

[Arizona Carolyn]

Well.. that has certainly worked out well /s

[GOPJ]

Ask China if they want to pay for our Health Care!”

China's not happy about their money being used to buy GM ... badly done "health care" would be salt in a wound.

[idkfa]

Bond vigilantes is a term first coined by Edward Yardeni in 1984 to describe bond market investors who protest monetary or fiscal policies they consider inflationary by selling bonds, thus increasing yields.

In the bond market, prices move inversely to yields. When investors perceive that inflation risk is rising they demand higher yields to compensate for the added risk. As a result, bond prices fall and yields rise, which increases the net cost of borrowing. The term references the ability of the bond market to serve as a restraint on the government’s ability to over-spend and over-borrow.

From October of 1993 to November of 1994 10-year yields climbed from 5.2% to just over 8.0% over worries concerning the fiscal profligacy of the Clinton Administration. Upon this and the influence of Robert Rubin, Bill Clinton adopted a concerted effort to reduce the deficit. 10-year yields dropped to approximately 4% by November 1998.

Clinton political adviser James Carville said at the time that “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”

http://en.wikipedia.org/wiki/Bond_vigilantes

This time the vigilantes are Chinese creditors.

[airborne]

Not the change you were hoping for? 8^) (sarcasm)

[aruanan]

NYT MONDAY: TENSIONS GRIP OBAMA ECONOMIC TEAM... DEVELOPING...DRUDGE

First they and/or their philosophical cohorts used the Community Reinvestment Act to benefit themselves politically while injecting a hot load into the U.S. economy and then tried to fix that by screwing over the economy even more. They can't go back or go forward without really, really bad things happening. They're right to feel tensions.

[aruanan]

But but but.... Just last week Obammer said the economy has turned the corner!

And ran into the robber in waiting.

[Arizona Carolyn]

I sucked it up and voted McCain -- for exactly reasons like this:

http://islaminaction08.blogspot.com/2009/06/obama-appoints-devout-muslim-to.html

[Protect the Bill of Rights]

That was good!

[Brytani]

It’s thei attempt at being fair and balanced. Tomorrow the next days edition will have a front page article on Michelle Obama dressing to the nines in Paris and how her elbows are perfect.

[Brytani]

9/11-9/13, 2009. Be there.

[jessduntno]

“9/11-9/13, 2009. Be there.”

Count on it...

[Brytani]

what the heck is wrong with our voters!

ACORN

[jessduntno]

In case you missed it;

1st ANNUAL FREE REPUBLIC NATIONAL TEA PARTY CONVENTION INFORMATION
Sunday, June 07, 2009 5:02:37 PM · 328 of 330
jessduntno to SC Swamp Fox
“Are we going to join the DC Chapter for a massive Walter Reed freep on Friday, 9/11/09?”

I’ll try to make as many of the demonstrations as possible...will be taking trains in with my boys from out of the National Parks...we’ll make a good wall for demonstrations, though...

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[Brytani]

FreepMail if you want to be a part of FR’s convention that weekend.

[Brytani]

Ummm yeap, I’m the Chairman for the convention.....

[CAluvdubya]

They have no idea what they are doing.....WASS