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To: NormsRevenge

“The facts are clear that President Obama’s policies have been instrumental in bringing back our economy from the brink of the largest economic meltdown since the Great Depression,”

Had someone other than Obama been elected the economy
would have self corrected and stabilized by now.

It’s the constant tinkering with the basic foundations
that is plugging uncertainty into the mix.

Nixon defined a recession as “any time the American people
loose faith in the future.” That my friends is where
we are now, and obama only promises us more confusion
and dispair.


9 posted on 07/11/2010 1:16:02 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: tet68
Nixon defined a recession as “any time the American people loose faith in the future.”

Nixon was very right. Obama is making it clear to us all that he plans to crush our future, narrow our horizons, and punish us for our dreams.

It's odd...I just read a thread where people were rejoicing in the fact that nobody is buying on credit anymore. What they don't realize is that credit indicates that you have faith in the future. Most people mean to repay their debts, and they think that their wages will go up, their property will gain in value, etc. and they will thus have more money in the future to pay off the debt commitment they have made.

When people stop borrowing and pull in their horns and freeze, it means that they have no faith at all in the future and just hope they will be able to retract and survive. This is what Bambi's horrible policies have brought us to.

11 posted on 07/11/2010 1:37:26 PM PDT by livius
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