we (the private sector) never got out of the 2007-08 recession
Posted on 12/09/2012 7:21:28 AM PST by Kaslin
My way of getting even with the Obama-bots. I hope they all suffer.
It’s called the Cloward-Piven Strategy.
http://www.thenation.com/article/weight-poor-strategy-end-poverty#
The linked 1966 article in Nation generally argues that increasing welfare rolls will collapse our economic system so that a more equitable economic order can be established.
However, the bottom line tells a different story, “If organizers can deliver millions of dollars in cash benefits to the ghetto masses, it seems reasonable to expect that the masses will deliver their loyalties to their benefactors”.
Although Obama attended Columbia University after Professors Cloward and Piven retired, no doubt he is well aware to their strategy.
That part of your post reminded me of this article at Canada Free Press:
Obama: Give me Dictatorial Powers or I’ll Take your Country out
We already owe more per capita than Greece owes, and they are just a hint of what lies in store.
Imho, we're screwed.
5.56mm
I almost threw up when I saw your post. I will never understand why the GOP didn’t buy a half hour commercial on prime time and let Paul Ryan give a Power Point presentation. I am a trial lawyer. When I was a kid, we used to use a few boards with a few photos blown up. Now, I use Power Point during my opening. How else would I get the Jury to understand what I have been working on for three years in 20 minutes?
I almost threw up when I saw your post. I will never understand why the GOP didn’t buy a half hour commercial on prime time and let Paul Ryan give a Power Point presentation. I am a trial lawyer. When I was a kid, we used to use a few boards with a few photos blown up. Now, I use Power Point during my opening. How else would I get the Jury to understand what I have been working on for three years in 20 minutes?
I almost threw up when I saw your post. I will never understand why the GOP didn’t buy a half hour commercial on prime time and let Paul Ryan give a Power Point presentation. I am a trial lawyer. When I was a kid, we used to use a few boards with a few photos blown up. Now, I use Power Point during my opening. How else would I get the Jury to understand what I have been working on for three years in 20 minutes?
Sort of like watching a steamroller coming toward you
Fascinating and Deadly
Fear does not help
Understanding helps
They also have no idea of the end game which will show them that thier "poverty" today will seem like a period of great wealth once their pet politicians finish the job.
Whoa, -12% GDP? I don’t know how that could be possible and be able to survive.
I wonder what it was that acoounts for the 8% rise from 2010 - 2012...more funny money or accounting tricks?
He is stupid and inept (watch him and listen to him); at the same time, he is deliberate and he is successful (thanks to the media propagandizing for him and propping him up).
Who is John Galt?
His (Hers?) is one path
Sequester resources
Reboot economic system and productivity
Where? How? Who? are open questions
GDP = C + G + I + NX
C = all private consumption, or consumer spending, in a nation’s economy
G = sum of government spending
I = sum of all the country’s businesses spending on capital
NX = Exports - Imports
Since G Is total Governmental spending,
it does NOT include deficit accrual,
which is removed from total worth
The Government borrowed money like a drunken sailor
to prop up the GDP numbers
Similarly, Private Citizens borrowed indiscriminately
to prop up their lifestyles (a trend that is changing)
My tagline for about 9 months in advance of the election in 2008:
Obama: Carter’s only chance to avoid going down in history as the worst U.S. president ever.
I hate being right.
Doesn’t the word “recession” imply an eventual return to normality? Uh....it’s not a recession folks. This is more like liquidation.
No. We are in the midst of one.
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