Posted on 02/25/2009 8:58:45 AM PST by sheikdetailfeather
By Alan Caruba Tuesday, February 24, 2009
Do you want to know what the state of the union is? Heres one way; the Dow hit a twelve-year low on February 23rd, the worst since May 7, 1997.
Meanwhile the government is contemplating taking over the banking system and, given the great job it has done in the area of mortgage loans, you know what confidence that will inspire.
Then, too, we have a President who has doubled or tripled the size of the deficit, but is promising to cut it in half by 2013, a year that would conveniently be the first of his second term if he were to be re-elected; a prospect that is not looking that good right now.
(Excerpt) Read more at canadafreepress.com ...
Well- that just wasn't good enough for Obama, he had to reach for higher goals, so he opened his mouth once more, so that Feb 25 would go down in history as "Obama Wednesday" when the stock markets crashed below levels not seen since ________(fill in date at end of day)
I just saw BO introducing his latest attempt to appoint a Secretary of Commerce. For him to have the ‘nads to stand there and say that “we all know that private enterprise and not government will solve this crisis”(paraphrase) when he clearly outlined his socialist agenda of total federal control of life as we knew it and signed a bill that does almost nothing to stimulate the private sector is amazing. Why am I still amazed at the audacity of this socialist?
And he needed that damn teleprompter to do that little speech.
I am so sick of watching him ping-pong his head back and forth.
Where is that birth certificate? Four more years of this is gonna drive me crazy.
Obama also conveniently omits the reason WHY the so called buget "surplus" vanished. 9/11 and the subsequent and NESSESARY war on terrorism, which includes Iraq isn't cheap. Regardless, Americans also saw unprecedented economic growth throughout ALL the Bush admin's years, DESPITE attempts by MSM to downplay this GNP growth achieved each and every year, partly because of "tax cuts to the rich" as RATS like to call them.
But don't fret, they are going to "fix" that by reversing those tax cuts, and making them into tax hikes instead. Who needs GNP growth anyways...
Even more amazing is MSM's continued praise and swooning over everything their "messiah" does, while ignoring the economy crumbling all around them, moments after each time Obama opens his mouth.
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