Posted on 06/14/2011 10:07:20 AM PDT by Kaslin
In a Bloomberg video David Rosenberg, chief economist at Gluskin Sheff & Associates, says there is a 99% Chance of Another Recession by 2012. Rosenberg also talks about the outlook for the U.S. economy.
(Excerpt) Read more at finance.townhall.com ...
Explain again how we came out of the last one? This type of talk is nonsense to the average American. To most of us, we have been in one long recession from 2008 through today and apparently it will continue to at least 2012. Obama will share the honor of having a bad economy for his entire term with one other president—Hoover.
I’d call it “continuing” versus “another”.
Obama’s policies have turned a recession into a depression, this isn’t a double dip or another recession, this is a DEPRESSION.
The Obama Depression.
Rosenberg Says 99 Percent Chance of Recession..............not ending...........there, fixed it............
Obozo said he is comfortable being a one term President. He doesn’t give a DemRatz @zz about the economy, as he wants to trash it. He does know that a few states will require a Birth Certificate (”Original”) and he ain’t got one, therefor cannot win. The perps of the BS on his WWW site owned up to it. Who created the SSN he used (Grandma)!
Does he get to keep his $1 Billion political campaign funds if he drops out? Will Obozocare, SoDaMayor appointment etc die if he is shown to be not qualified to have been President? Does the GOP have the fortitude to investigate Obozo if he looses? (NO on the last one IMHO)
Thought the graph was a joke at first... then realized it was real... is that depressing or what? That’s one very little recovery...
THIS AIN’T THE SUMMER OF LOVE
Artist(Band):Blue Oyster Cult
Feeling easy on the outside
But not so funny on the inside
Feel the sound, pray for rain
For this is the night we ride
This ain’t the garden of Eden
There ain’t no angels above
And things ain’t like what they used to be
And this ain’t the summer of love
Lock all your doors from the outside
The key will dangle by the inside
You may begin to understand
That this is the night we ride
This ain’t the garden of Eden
There ain’t no angels above
And things ain’t like what they used to be
And this ain’t the summer of love
On the night we ride...this ain’t the summer of love.
This ain’t the garden of Eden
There ain’t no angels above
And things ain’t like what they used to be
And this ain’t the summer of love
This ain’t the summer, this ain’t, this ain’t
This ain’t the summer of love
No worries ..... just a kinetic bump in the road ..... /s
Obama’s depression intensifies as we sink deeper and deeper into “the recovery.”
When did the original recession end?
Wow.
This guy is worth every penny of the seven figures he’s being paid.
LOL. (Good, good.)
I’m sorry but for the average American I think it is a little hard to believe that we ever came out of it at all.I’d say that at least 80% of Americans would view the past 2.5+years as a recession that is jut getting worse as Obama has planned it to.Remember he did tell us all that we would have to sacrafice...I just don’t think that most thought that meant a roof over our heads and food too.
I’m sorry but for the average American I think it is a little hard to believe that we ever came out of it at all.I’d say that at least 80% of Americans would view the past 2.5+years as a recession that is jut getting worse as Obama has planned it to.Remember he did tell us all that we would have to sacrafice...I just don’t think that most thought that meant a roof over our heads and food too.
There is a 100% of a depression. The only question is when will it occur.That has been the goal of obama and his handlers from day one if his regime.
By election day 2012, folks will be talking about 2009 as the “good old days”.
Number to be "Seasonally Adjusted" at a later date since it is obviously too low.
You betcha, petroleum is way off its peak usasge of 2005 when we imported 12.5mbd versus maybe 9mbd today. Smoke and mirrors using Bernanke bucks.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.