Posted on 01/30/2015 8:42:18 AM PST by HomerBohn
Obama’s greatest success.
Impossible. Obama wants to raise taxes and spending because the economy is so great. LIbEralS wouldn’t mislead would they?
Because we have way too many mindless sociopathic parasitic Americans. Stock up on silver & gold while they are cheap.
If the economy crashes while Obama is in office, the liberals will blame the new GOP majorities in the House & Senate.
I don’t believe we’ve yet crawled out of the slime hole that Bush II began and the fruitcake parasite completed. We’ll need a hell of a ladder.
“I could not possibly overemphasize the danger that the 700 trillion dollar derivatives bubble poses to the global financial system.”
Could 700 TRILLION of ANYTHING not be a bubble? Wow.
This guy is just too much into gloom and doom. Yes, odinga would like nothing more than to "bring the US down to the level of the rest of the world." That was, and is, his plan. Fortunately, the USA is bigger than odinga.
The people and businesses who benefit from HIGH oil prices make up one SMALL sector of the economy.
The people and businesses who benefit from LOW oil prices make up the vast majority of the USA's very diversified economy.
Obama is getting too much blame. He will be gone soon but our financial woes will continue regardless of who is the next President. Our woes will continue until jobs are found for Romney’s [now gone] 48%. They will keep sucking up government funds and taxes until the low skill jobs that were exported are replaced or returned.
When news is at its worst, the economy will have bottomed.
You can forget about Romney’s 48 per cent. The only way they would is if someone were holding a gun on them. But as far as the depression you are alluding to coming, the mechanism to bring it about has already been set in place and activated. It will only be a matter of time. The only unknown is how much time.
bttt
I've said here that I think that's what he was setting the GOP up for during the SOTU. The data filtering in in recent weeks does point to, at the very least, a sizable downturn sooner than later.
He wants to come back and say, “I had proposals that would have stopped this but the Republicans blocked them and now look were we're at.” The problem is by claiming the economy was so great during the SOTU speech is he took ownership of it.
When the downturn comes, it will be one following a recovery that hasn't fully recovered from the last downturn
“I’ve said here that I think that’s what he was setting the GOP up for during the SOTU”
That’s why he proclaimed that we have “turned the corner”. Anything bad after this point is somebody else’s fault.
The sky is falling!!!
The sky is falling!!!
700 Trillion? is that dollars?
In a coming SHTF scenerio, gold and silver are worthless. They have almost no intrinsic value except as ballast.
Dubya peeved me off in several ways...the prescription giveaway, not standing up to critics in a loud and proud way, letting those border guards sit in jail, etc....
but this country was in great shape....gas prices were done, housing was roaring, stocks up , we were positive and hopeful...
not to mention that Dubya was a good and decent and down to earth man, a man who prayed and hugged the soldiers....
don't even start mixing him in with the crud presently in the white hut....
>>In a coming SHTF scenerio, gold and silver are worthless. They have almost no intrinsic value except as ballast.<<
How long has the dollar been around? How long has gold been around?
I’d take my chances on gold. Of course a lil whiskey, tabacco and ammo thrown in the mix, ya might just be ok. lol
Damn spell check.
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