Stuborn Jackasses

Yes, Obama and the Democrats are trying to bankrupt this country. Do we need to hit rock bottom in order to save our economy?

True signs of the continuing Great Obama Recession

Traveling on I-35 the billboards tell the story.
Sure there are a few billboard ads, but there are more empty boards or ones saying billboard space available.

The Obama Depression (part 4)

The US workforce has shrunk by a 1m over the past two months as discouraged jobless give up the hunt.

The euro rocketed to a two-month high of $1.29 and sterling jumped two cents to almost $1.54 after the Fed confessed that the US economy may not recover for five or six years. Far from winding down emergency stimulus, the bank may need a fresh blast of bond purchases or quantitative easing.

The Fed thinks this depression will last until 2016. Ouch!

Hope and Change for Jimmy!

The Obama Depression continues and continues

We Can't Recover All the Jobs Lost

Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, "there's no possibility to restore 8 million jobs lost in the Great Recession."

"Great Recession" i.e. Obama Depression

Double-dip Depression?

Lower prices could mean deflation and double-dip

Lumber prices are sinking. And while that might make a trip to Home Depot cheaper, it's also a sign that the global economic recovery and the U.S. housing rebound are in danger of stalling.

Only a few months ago, inflation was the main worry of many economists. But falling prices for the raw materials of many industries, including lumber, have set off deflation warning bells for some economists, who worry that they could signal another global economic downturn.

Prices for framing lumber have tumbled 21% from their peak only five weeks ago, according to figures from the National Association of Home Builders. Prices are also falling for a wide variety of other industrial materials in recent weeks.

While consumers love falling prices, deflation can cause far more damage to growth than inflation can. Lower prices cause businesses to cut back production, which can lead to layoffs, which can then cause further declines in demand due to falling incomes and consumer spending, creating a downward spiral.

If prices continue to fall, it could cause some producers to cut back production or go out of business because they can no longer cover their manufacturing costs, according to Eric Schooler, CEO of The Collins Companies, a Portland, Ore.,-based lumber producer.

Please don't tell me "the worst economic crisis since the Great Depression" can't get worse.

Had enough HOPE and CHANGE yet?

The Obama Depression continues.

Stock market tumbles hundreds of points.

Greece in economic collapse.

Double digit unemployment.

“We can see that the difficult and at times unpopular steps we've taken over the last year are making a difference,” said Obama, who spoke from the Rose Garden and was flanked by members of his economic team.

The unemployment rate rose from 9.7 to 9.9 percent.

Funnier if it we're so true.

George Bush, Queen Elizabeth, and Vladimir Putin all die and go to hell. While there, they spy a red phone and ask what the phone is for. The devil tells them it is for calling back to Earth.

Putin asks to call Russia and talks for 5 minutes. When he is finished the devil informs him that the cost is a million dollars, so Putin writes him a check.

Next Queen Elizabeth calls England and talks for 30 minutes. When she is finished the devil informs her that the cost is 6 million dollars, so she writes him a check.

Finally George Bush gets his turn and talks for 4 hours. When he is finished the devil informs him that the cost is $5.00. When Putin hears this he goes ballistic and asks the devil why Bush got to call the USA so cheaply.

The devil smiles and replies: "Since Obama took over, the country has gone to hell, so it's a local call."

Unemployment in March was worse than expected

It's the economy, stupid.

We are stuck in the Obama malaise depression.

Yet Obama is out their campaigning for ObamaNationCare that he already signed into LAW!!!

Obama's stimulus made the economy worse. The administration said unemployment would go as high as 8.9% without the stimulus plan. D'oh!

3,000,000 private sector jobs have been lost since the stimulus and just over 100,000 government jobs created.

Breaking news... Obama to campaign next week in Minnesota on the issue that murdering people is against the law...

Size of the package isn't the answer.

If the Obama Stimulus Package did nothing but stimulate big government, will the Obama Jobs Package do anything but create even more government jobs?

Liberal Fascism

Bwaney Fwank to limit executive pay

“The question of compensation for people in the financial industry is a legitimate cause of concern,” Frank said on Wednesday.

Frank called a hearing for Jan. 22 and said he is not convinced by arguments that restrictions would hurt the industry...

Frank said he supports a tax on the financial enterprises, possibly a tax on assets.

And he said he is looking at ways to expand a “say on pay” specifically for financial institutions.

“I think we should be changing the marginal tax rate at that level of income,” Frank added.

Frank said it makes more sense to set up a new government agency, the Consumer Financial Protection Agency, to regulate the credit card industry more broadly.

I hope people realize that by keeping Fwank in his position you are depending on a person responsible FOR the problem to fix the problem. That's like going to Dr. Kevorkian to save your life.

Don't look to Fwank to defend our liberty and freedoms.

History Repeats

QUESTION: What have we learned in 2,065 years?

"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance."
- Cicero - 55 BC

ANSWER: So, evidently nothing.

More CHANGE that The One promised

This is not good news for the dollar or the US economy.

Oil producers, consumers in secret talks to replace $

"Secret meetings have already been held by finance ministers and central bank governors in Russia, China, Japan and Brazil to work on the scheme, which will mean that oil will no longer be priced in dollars," said the report, adding that France had also been involved in the talks.

Well, it's not that secret. China alone could dump its dollars and cause a global meltdown, themselves included. They know better and are dumping dollars slowly and quietly. It won't take too much to start that snowball of a problem.

If the plan materializes, analysts say, it could be a major blow to the US economy, already suffering from an unprecedented downturn.

Yes, quite a MAJOR blow. Team Obama won't let a crisis go to waste. Maybe another "bailout" for the American people and the government will own ya just like GM. It would be a CRISIS and dissent is no longer patriotic, you racist pig!

Earlier in September, World Bank President said the United States should not take for granted the dollar's status as preeminent global reserve currency because other options are emerging.

If you have the cash you really should invest it in gold/metals before it's too late. Your cash won't be very useful compared to the value of gold or silver.

Remember the malaise of the Carter I Administration, you ain't seen nothin' yet!!!