SUMMERS TO CITE 'SUBSTANTIAL PROGRESS'

MSNBC ^ | July 17, 2009

[Oldeconomybuyer]

[mgc1122]

The Baghdad Bob traveling road show ....

[Obadiah]

Yep, just a hired servant pimping for his master.

[Slapshot68]

omg multiple barf alerts in this one

[rightwingintelligentsia]

Hopefully Summers can stay awake long enough to deliver it.

[stephenjohnbanker]

Translation: Asia is about to cut us off, and we are finished.

[Para-Ord.45]

Yeah really,

ounds like he`s reading from the Communist Manifesto.

[Drill Thrawl]

It has the whiff of central planning to me. Or should I say it has the whiff of a steaming pile?

[tet68]

This is Scrapple right?
Tell me it’s Scrapple!

[mmichaels1970]

"The rebuilt American economy must be more export-oriented and less consumption-oriented, more environmentally oriented and less fossil-energy-oriented, more bio- and software-engineering-oriented and less financial-engineering-oriented, more middle-class-oriented and less oriented to income growth that disproportionately favors a very small share of the population."

Not even hiding that fact that they consider us all their slaves.

[tet68]

Fear was widespread and confidence was scarce.”

Is he talking about then or now ??

[Huskrrrr]

WASS (We Are So Screwed!)

[Always Right]

According to the excepts, he will say that the economy has made progress since the days when it looked like it was on the "brink of catastrophe."

Over 3 million people have lost their jobs. This is worse than the worst forecast from the White House. What do these people think we are smoking.

[misterrob]

China had a debt auction that just failed.....

What do you think is going to happen with their holdings on Treasuries?

[Huskrrrr]

An economy based on the Global Warming Hoax. Unbelievable!

[VeniVidiVici]

I think Hugo Chavez just said the same things.

It must be great fun to try and plan a state-run economy.

[NativeNewYorker]

Gosplan or State Planning Committee (Russian: Госпла́н, Russian pronunciation: [ɡɐsˈplan]) was the committee responsible for economic planning in the Soviet Union. The word "Gosplan" is an ­abbreviation for Gosudarstvennyi Komitet po Planirovaniyu (Russian: Государственный комитет по планированию, State Committee for Planning).

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

[listenhillary]

Geitner will funnel money to another country to pretend to buy the debt to reassure the markets?

[NativeNewYorker]

...and don’t forget Summers blew a billion dollar hole in Harvard’s endowment when he ran the place...and fired an auditor who discovered alums using the school as a false-front for tax dodges...

[LALALAW]

Uh, how is it going to be more boio oriented under the life science industry retarding affects of Obamacare? Duh!