Posted on 03/04/2009 8:11:11 AM PST by keep your powder dry
A Liberal, 'lying' about the Facts...weird.
Timothy Geithner, President Obama’s tax cheat Treasury Secretary, doesn’t pay attention to his facts any better than he pays his taxes.
The Associated Press reports Geithner claims Obama has inherited “the worst fiscal situation in American history.”
The facts disprove Geithner’s statement. The January unemployment rate was 7.6%. The revised gross domestic product showed economic activity declined at a 6.2% annual rate in the fourth quarter of 2008. Those two statistics demonstrate that far from being the worst in history, this recession still isn’t as bad as 1982 recession which saw 10.8 % unemployment and a 6.4% decline in GDP.
(Excerpt) Read more at redstate.com ...
The whole administration consists of liars.
No what he meant to say is Obama is going to put the US in the worst financial state in history. He just misspoke.
I find it hard to believe that Dems will not accept at least some responsibility for this entire mess.. their fingerprints are all over it and have been from the gitgo.
A nation of people that can not have confidence in its own “leadership”and their truthfulness is doomed to endure turmoil until they finally toss the lying corrupt SoBs to the curb.
How much turmoil will that take? Care for a cup of tea ;-)
Same thing they said when Clinton was running in 1992 ... “worst economy in 50 years” etc.
How can Hussein and his brownshirt army declare martial law and ride in on the white horse of Big Brother dictatorship to save the day if things are not just awful, terrible, frightening and getting worse?
Lie? They lie? Where is the MSM on this?
A measure of economic progress has always been the trends of the Dow...
A little interesting history:
W took office Jan 20th, 2001
The DJI bottomed on Oct 4th 2002 at 7528
The DJI peaked Oct 12th 2007 at 14093
on Inauguration day, it was at 7949, now, it is at 6889.
Between the Peak and now, Dems regained control of the house and the senate and now the Oval office.
Bear in mind, this is only one measure, and that we are only talking about ‘facts’....
and according to current thought, open to interpretation
(rolling of the eyes)
I'm watching Timmy on Fox Business.Has anyone noticed how we slurs his words ?
Someone has suggested that these actions look like someone using toot.
I don’t think the guy has a single clue on how to help banks in our country. The situation is going from bad to worse and this guy acts like Elmer Fudd.
I am beginning to think that all of 0bama's people are doing coke !
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