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The Obama Depression
Many different linked sources ^ | June 29, 2010

Posted on 07/23/2010 8:31:40 PM PDT by Yosemitest



TOPICS: Extended News; Your Opinion/Questions
KEYWORDS: chatnotnews; depression; economy; money; obama; vanity
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Yep, FASCISTS Barack Hussein Obama II and the DemocratsNational Socialists acted STUPIDLY!
1 posted on 07/23/2010 8:31:43 PM PDT by Yosemitest
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To: Yosemitest
"Does Obama-nomics have us headed for another round of deflationary recession, or worse, [some editing here] a depression?"

A rhetorical question, yes? Not a serious question?

2 posted on 07/23/2010 8:37:17 PM PDT by YHAOS (you betcha!)
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To: Yosemitest

What is needed after we clean house in Congress in November is a serious analysis of the US Money supply. I think we need to move away from debt backed money that the private banks and private central banks have used to keep most of us under their thumbs, and toward an accountable government (this is key) issued currency as described here:
http://economicedge.blogspot.com/2010/02/face-of-freedoms-vision.html


3 posted on 07/23/2010 8:41:36 PM PDT by SeattleBruce (God, Family, Church, Country - 11/2010, 11/2012 - Tea Party like it's 1773 & pray 2 Chronicles 7:14!)
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To: Yosemitest

“Yep, FASCISTS Barack Hussein Obama II and the DemocratsNational Socialists acted STUPIDLY! “

It is my opinion that this is exactly what they want.
They want to take over America and make it a neo- Marxist state.
What faster way then to destroy the economy?


4 posted on 07/23/2010 8:46:22 PM PDT by AlexW
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To: Yosemitest

Sure don’t appreciate seeing his face pop up.


5 posted on 07/23/2010 8:50:42 PM PDT by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: SeattleBruce
While your suggestion is an excellent one, I want to take it one step beyond and kibosh the income tax once and for all by repealing the 16th Amendment and replace the income tax with the FairTax national consumption tax system.

That way, not only will we have a real stable US dollar, we also put an end to the practice of offshoring jobs and liquid assets because we no longer need to send away jobs, savings and capital investments as a means to lower the income tax burden since we have no more income taxes!

6 posted on 07/23/2010 8:51:06 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Yosemitest
...Yep, FASCISTS Barack Hussein Obama II and the Democrats/National Socialists acted STUPIDLY!

The US government has a technology, called a printing press, that allows it to produce as many dollars as it wishes at essentially no cost. Bernanke began putting it into action after the credit system seized up in 2008, purchasing $1.75 trillion of Treasuries, mortgage securities, and agency bonds to shore up the US credit system.

When a government is faced with a debt it cannot pay, it has four choices: borrow, steal, print or default. Our government has been doing the first two for years, and is easing into the third. They will not default, even if we end up with inflation like Germany had before WWII. Obama will raise taxes and print money. The money the government steals via taxes is less disposable income in the economy. More job losses. Money that gets poured down the rat hole of socialist spending. Tax increases are a disincentive to new job creation. It's the looming tax increases that have employers holding off hiring.

The Stimulis money could have been used as a tax credit for Americans and business owners to pay down debt. Instead the administration saw fit to throw cinder blocks to drowning Americans. Hence our economy is in the toilet by design, courtesy of this Socialist President and his cohorts in Congress and the anti-Americans in his Regime.

A profitable business owner takes risks to hire people and start new ventures or the other way to fire everyone and retire if the circumstances are too frustrating to want to produce. The Administration and Congress want to confiscate more of the business wealth and redistribute it, embracing social engineering to steer it 'fairly' into the waiting pockets of appreciative voters. Batten down the hatches! Taxes a plenty next year.

When the economy realizes some growth again, those waiting to get rehired as managers and engineers start to find they have to work two jobs as cashiers and janitors.

These liberals are going to friggin' sing and dance along, all the way, as they dance off a cliff.

WAKE UP AMERICA!


THE_THRILL_IS_GONE_303b

7 posted on 07/23/2010 8:51:22 PM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: AlexW
I agree, that they are INTENTIONALLY destroying, not just the economy, but every freedom this country has.

Never forget ...


Here's the mind of Fascist Obama, from another poster LomanBill.



So you see, FASCIST Obama is currently on stage III of their plan "bring the country to the verge of crisis".

Don't you see it?

Wasn't it Thomas Jefferson who wrote

And then again when he wrote


8 posted on 07/23/2010 8:54:50 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest

That was a good post.

Remember, however, “you will fall like over ripe fruit into our hands.”
Was first said by Lenin.
Maybe Kruschev repeated it.

It is so appropriate for America today.
Dumb and rotten fruits.


9 posted on 07/23/2010 9:03:31 PM PDT by AlexW
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To: RayChuang88

I've been in South Korea for 5 tours.
They have a consumption tax, and it's a nightmare.
I'm against the so-called "Fair Tax".
I'm for a FLAT Tax where everyone is taxed at the same rate, with no exceptions, and no loop holes.

I would support confiscating EVERYTHING that every member of Congress and the Senate, who voted "Yes" for this financial disaster, has.
I wouldn't give them a retirement,
because what they can earn in the prisons where they would live in for the rest of their lives, with no chance of parole,
would go to pay down the national debt.
Their wives and children would go on welfare, and could tell their husbands/fathers just how tough it is.

10 posted on 07/23/2010 9:06:49 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest

I’m afraid we’re already at the guillotine stage, but sadly, no one is building the needed equipment to terminate the scum running things now.


11 posted on 07/23/2010 9:07:47 PM PDT by MHGinTN (Mormons, believing they cannot be deceived, it is impossible to convince them when deceived.)
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To: MHGinTN
Guillotine? We don't need no stinkin' guillotine!
Just an axe and a block of wood, will do.


12 posted on 07/23/2010 9:14:02 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest
We already know all of this stuff. What we haven't yet figured out is how to bring these bastards down before the economy is ruined. Massive strikes by the productive class. Secessions. States pushing back on the Fedgov. We need to start NOW. The election won't really matter much...
13 posted on 07/23/2010 9:39:42 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Yosemitest

14 posted on 07/23/2010 9:41:22 PM PDT by conservativeimage (We are done electing disappointing compromisers.)
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To: conservativeimage.com

Outstanding sign or bumper sticker.


15 posted on 07/23/2010 10:07:15 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest

bttt


16 posted on 07/23/2010 10:41:51 PM PDT by Hypo
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To: Yosemitest

The Democrats’ Tax Tsunami coupled with massive Democrat borrowing and spending will lead to the Obama Depression although it will be considered racist to call it that.


17 posted on 07/23/2010 11:09:53 PM PDT by OrangeHoof (Washington, we Texans want a divorce!)
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To: OrangeHoof
I agree.

Check out this


18 posted on 07/23/2010 11:40:30 PM PDT by Yosemitest (It's simple, fight or die.)
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To: Yosemitest

I’ll have to read more about Yuri Bezmenov.


19 posted on 07/24/2010 1:29:37 AM PDT by TheThinker (Communists: taking over the world one kooky doomsday scenerio at a time.)
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To: Yosemitest

20 posted on 07/24/2010 5:18:05 AM PDT by M. Espinola (Freedom is never "free")
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