Posted on 11/23/2010 5:53:50 PM PST by bruinbirdman
What ever happened to “The Summer of Recovery”?
Obama said the nation’s economy is rebounding. He wouldn’t lie. Would he?
“...weaker than feared next year and do little to bring down unemployment until at least 2013, according to new forecasts from the Federal Reserve.”
Only after El Bozo leaves office, dare we hope for a real recovery. Unfortunately, by then we will be totally bankrupt.
Weird. Barry was out today telling his union fairies that America was “rockin’ on!”
Were his lips moving?
LLS
“Consumer spending, which is still the economy’s key driver, climbed at an annual pace of 2.8pc, its strongest since...”
food price inflation.
Oh, wait a minute, none of that is true ...
But look tomorrow for the mainstream media to use the word “unexpectedly” in characterizing this growth forecast.
Who could expect that a proto-Marxist either deliberately or incompetently spreading fear, uncertainty and doubt just MIGHT stifle economic growth? Who knew?
Oh crap. They were. Does that mean what I think it means?
Recovery? What recovery?
“Recovery” is the new euphemism for “depression.”
folk the Fed. audit the Fed. End the Fed. Arrest the idiots that own the Fed.
When Obama says "recovery" he means re-bury.
“folk the Fed. audit the Fed. End the Fed. Arrest the idiots that own the Fed”.
Exactly right. They are running the biggest scam in the history of the planet.
“The Creature From Jekyll Island” ‘splanes in all.
You forgot — “unexpected”
I’m afraid so.
LLS
I just got done reading that China and Russia quit the dollar, too. Does this mean the stock market will fall again tomorrow? Just wondering.
http://www.freerepublic.com/focus/f-news/2632229/posts
The Full Employment and Balanced Growth Act of 1978 “requires the Chairman of the Federal Reserve to connect the monetary policy with the Presidential economic policy”.
Bernanke’s QE2 is an extension of Obama’s Keynesian (Krugman-like) economic policy. Bernanke met with Obama shortly before QE2 was implemented.
In spite of the Nov. 2 mandate to stop spending, Obama backs the Fed in a mega spending spree that could very well destroy our economy.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.