Posted on 03/05/2009 8:08:40 AM PST by IMissPresidentReagan
howdy
bttt
New Mark of the Beast
http://michellemalkin.com/2009/03/03/obamas-new-mark-of-the-porkulus-beast/
For the emotionally unintelligent who think utopia is an option they can vote for:
Click “show original post” here: https://www.blogger.com/comment.g?blogID=8580258&postID=7625275947147659574
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Predictions of the Saul Alinsky wet dream.
( Change you can believe in. http://www.spectator.co.uk/melaniephillips/2073071/revolution-you-can-believe-in.thtml )
If this [see article below] should come to pass, and we cannot discount it, we will be facing not just an economic threat but an existential threat to our basic liberties. Make no mistake, if Obama can move as far as he already has with virtually no actual discomfort, disruption and despair among the people in subverting our capitalist system he will wreck it all together if he can get the chaos. With the chaos comes the man on horseback.
We are about to sustain two shocks, one coming out of the disintegration of Eastern Europe, and the other coming out of the unwinding of derivatives which is perhaps the most threatening of all. If they crash the system, grab your children, and your copy of the Bill of Rights and watch Obama. 18
The U.S. Financial System Is Effectively Insolvent
Forbes ^ | 03/05/09 | Nouriel Roubini
http://www.forbes.com/2009/03/04/global-recession-insolvent-opinions-columnists-roubini-economy.html
For those who argue that the rate of growth of economic activity is turning positive—that economies are contracting but at a slower rate than in the fourth quarter of 2008—the latest data don’t confirm this relative optimism. In 2008’s fourth quarter, gross domestic product fell by about 6% in the U.S., 6% in the euro zone, 8% in Germany, 12% in Japan, 16% in Singapore and 20% in South Korea. So things are even more awful in Europe and Asia than in the U.S.
There is, in fact, a rising risk of a global L-shaped depression that would be even worse than the current, painful U-shaped global recession. Here’s why:
First, note that most indicators suggest that the second derivative of economic activity is still sharply negative in Europe and Japan and close to negative in the U.S. and China. Some signals that the second derivative was turning positive for the U.S. and China turned out to be fake starts. For the U.S., the Empire State and Philly Fed indexes of manufacturing are still in free fall; initial claims for unemployment benefits are up to scary levels, suggesting accelerating job losses; and January’s sales increase is a fluke—more of a rebound from a very depressed December, after aggressive post-holiday sales, than a sustainable recovery.
For China, the growth of credit is only driven by firms borrowing cheap to invest in higher-returning deposits, not to invest, and steel prices in China have resumed their sharp fall. The more scary data are those for trade flows in Asia, with exports falling by about 40% to 50% in Japan, Taiwan and Korea.
(Excerpt) Read more at forbes.com ...
Fox News:Zero orders no press at tonights AFL-CIO/White House Meeting.(Card Check)
Note to the rank-and-file: Hows about those digs?
Hi.
Pal!
Hi ace.
PMSKitten with Uzi is outta Midol and her trigger finger is gettin’ itchy.
Are libs in season?
I hope his staff monitors this thread.
Scandal at Treasury:
Official Quits (ahem...retires!) Amidst Fraud Scandal
http://www.abcnews.go.com/Blotter/Economy/story?id=7009596&page=1
Greetings, FRiend!
Hello, Tiger.
Did I miss a zot?
Stand up Chuck!
oh come on.....Oklahoma ...the “center” of the Great southwest ?
... we Texan’s don’t take kindly to bragadocious Okies ya know
Obama Linked To Anti-Limbaugh TV Spot
http://www.riehlworldview.com/carnivorous_conservative/2009/03/amending-a-linked-post.html
Thats exactly what I thought. When libs complain about Rush, they risk exposing other libs to his message...which is the truth.
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