Is America Headed Into An Intentional Recession?

Townhall.com ^ | December 9, 2012 | Austin Hill

[DuncanWaring]

Why do you think he refused to give up his BlackBerry?

[Candor7]

Quote from CFP, they know the score:

“Another “discovery” is that only Boehner (Obama’s new BFF) and Obama are “negotiating” behind closed doors. The American people—long ago—were shut out of their own government. Now Congress is being shut out, also. Sadly, most people will not accept that which is right in front of them…the truth that we have been living under a dictatorship for at least the last four years. The media won’t report it as, for some inexplicable reason, they rather like barbaric totalitarian governments. Besides, with the Benghazi assassinations being “okayed” by Obama, we already know the media support, if not endorse, murder from this “president” and they will protect and serve him no matter what additional atrocities he commits. And said new atrocities are coming, folks. The media stopped reporting the news years ago and now only deliver what the White House tells them to “report.” As a matter of record, Obama most recently met with Marxist channel MSNBC reporters privately 4 December, 2012.”

Thanks for the reference Ron!

Soon the attack on the MSM will begin, as people begin to starve and freeze. I can hardly wait to see the MSM pilloried by ridicule and demonstrations. Obama has become superfluous, a true enemy of the People.Its way bigger than him now.

[DuncanWaring]

The media won’t report it as, for some inexplicable reason, they rather like barbaric totalitarian governments.

"Ministry of Truth".

[Las Vegas Ron]

You’re welcome, that really was a devastating, depressing article.

None of our guys seem to have what it takes or the will to stop any of this so I guess it’s just a matter of time.

F’m all.

[lentulusgracchus]

(Article) The President and his party have made it clear that their goal is to control more private wealth, spend that wealth as they see fit, and make the citizenry more dependent on government services.

Tax more -- spend more -- elect more. Hey, wait a minute!

A light bulb finally begins to glow in the recesses of the Stupid Party.

Now if they could only grow a backbone.

[ctdonath2]

“when GDP / M2 drops < 1 it is game over for Capitalism”

Please elaborate.

[FreedomPoster]

And instead of studying literature, there was a recent article here that there is a proposal to explicitly completely drop that, and instead use government edicts and laws to study English. Wonderful, eh? It would really up the level of government propagandization in our schools, as if it wasn’t bad enough already.

Here, found it:

Obamacore: The substitution of propaganda for great literature in our schools
http://www.freerepublic.com/focus/f-news/2966257/posts

[HangnJudge]

“when GDP / M2 drops < 1 it is game over for Capitalism”
Please elaborate.

When GDP/M2 <1 then
the incremental change in GDP for injected Capital is less than zero
Return on Investment (ROI) goes globally negative

Capitalism operates by using Capital to make Capital
When the ROI on injected Capital is <0 then
Entrepreneurs cease to invest
due to expected losses on investment

Industry ceases to create Jobs
Industry ceases to grow
Industry seeks to cut losses,
by cutting Jobs and liquidating

This continues until there is a +ROI on investment, but
in the process, societal degradation accelerates
The Health Care System Collapses as Hospitals close
Death, Despair, Anger follows

There is a potential for the return of the Dark Ages

[DuncanWaring]

The wording’s a little different, but I believe Karl Denninger (market-ticker.org) has written extensively on that.

[DeaconRed]

"What about FDR or Herbert Hoover?"

They were before my time. I am only 66 YO.
LBJ was a low life scum too.

[R0CK3T]

Obama thinks that even though he will cause a recession that its really OK, in fact it a VERY GOOD THING, because he knows the media will help him blame the GOP.

In the End he and his side comes out doing well, while the rest of us suffer the losses of jobs, our homes, and in some cases our family stability.

But he's good, you know because he can escape blame and benefit by our national economic recession. If you really read what I just posted you will know all you will ever need to know about how morally corrupt the Obama Democrats are.

[Vaduz]

Recession no depression yes Obama&Co are going to tax the hell out of businesses,not to pay the debt of 16 trillion but to spend more aka stimulus.
Jiffy Lube comming your way soon.

[4Liberty]

[astounded]

I don’t believe the “recession” of 2007-2008 “ended” in 2009. I simply don’t see it on the streets, nor do I believe a single number from the government. The USA is still in a recession.