Posted on 08/26/2010 6:16:29 PM PDT by Rufus2007
Better strap in because we could be on a wild ride if what some economic prognosticators are saying is true - not just on a financial market basis, but politically as well.
Noted economist Nouriel Roubini has upped his forecast the economy could head into a double-dip recession. And CNBC "Mad Money" host Jim Cramer is predicting mass panic in the markets after tomorrow's gross domestic product report tomorrow. So based on a lot of this, syndicated columnist Charles Krauthammer suggested that economic fears have returned to the public. He was asked by Fox News Channel's "Special Report" host Bret Baier what all the negative data meant.
"Historically high and number of unemployed for more than six months also historically very, very high," Krauthammer said on the Aug. 26 broadcast of "Special Report." "I think there is something new happening in terms of the economy, at least the perception of it and that is a return of fear."
...more (w/video)...
(Excerpt) Read more at newsbusters.org ...
Clearly they need to push more stimulus. LOL
This is a big f’ing deal, man -
Biden.
The Baraqqis screwed it up so badly they over-rode the natural economic cyclic trend to recover from 2008.
Business has gone Galt.
Democrats are going home (hopefully) in January.
In reality what oBummer has delivered is the most corrupt & inept govt the county has ever seen while foisting a series hugely unpopular socialist programs onto a already overtaxed society which is driving the country into even more uncertainty and instability.
The Democrat Party must be destroyed by the American voters on November 2, 2010, period. End of Story!!!!
The average American KNOWS how riled up; their friends, coworkers, family and neighbors are with this administration and congress. If elections were held this in two days (this Tuesday), these progressive marxists, voters of programs and stimulus packages no one wanted, tax-raisers and economy destroyers would be unemployed much more quickly.
We’re just too stupid to understand. Obama needs to get on TV and make speeches about this until the ‘prompter melts down!
I have never been more motivated to oust these communists. I try social networking to inform people etc
I signed up to do poll watching for the gop in nov and plead with everyone to do the same.
I know the gop is flawed but if we can at least take back the house we can slow down the communists.and prepare for 2012 and elect sarah or thune.
I predict he will go into isolation...Siege Mode.
The Obamas will literally spend the next two years flipping off the entire country.
The site of him makes me want to kick the tv over.
I agree. Obama is not nearly as smart as clinton and will go into turtle mode.
Yup. More in your face vacations, etc.
It;s a Bus and America is under it.
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