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Specter says nation on 'brink of a depression'
Yahoo News ^ | 3.9.09 | Yahoo News

Posted on 03/09/2009 2:17:30 PM PDT by Lady GOP

HARRISBURG, Pa. – The nation is on the "brink of a depression," but there's a "reasonable chance" that the $787 billion economic stimulus package will help ease the situation, Sen. Arlen Specter said Monday.

Specter, R-Pa., said the nation's economic situation is more dire than the public has been told, but did not elaborate.

"Our economic problems are enormously serious — more serious than is publicly disclosed. And I think we're on the brink of a depression," he told reporters at the state Capitol.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Front Page News; US: Pennsylvania
KEYWORDS: 111th; bho44; bhoeconomy; depression; economy; pennarino; senatorsphincter; snarlinarlen; specter; spectertruthfile
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To: Lady GOP

Mr. Specter was 1 of 4 senators who helped pass the $787 billion stimulus that was strong-armed through congress!

http://www.thedailychange.com/787-billion-strong-armed-through-congress/


21 posted on 03/09/2009 2:25:53 PM PDT by TheDailyChange (Politics,Conservatism,Liberalism)
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To: Lady GOP; All
"Our economic problems are enormously serious — more serious than is publicly disclosed.

And there you have it folks. Our government voluntarily admitting they keep the public in the dark. If you think they are going to let you know in advance of a coming disaster so you can prepare, just remember this little admittance.

22 posted on 03/09/2009 2:26:18 PM PDT by OB1kNOb (Communist China is doing more to foster capitalism in their country than our politicians are doing.)
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To: Lady GOP

Note to Pennsylvania:

Please, Please, PLEASE, DO NOT let Specter win the 2010 GOP primary! Elect a solid conservative, like Pat Toomey.

Note to GOP Leadership:

Turn your backs on Specter and offer him NO support, whatsoever!!!!

Specter (along with Snowe and Collins) are traitors and don’t belong in our party!!!


23 posted on 03/09/2009 2:26:44 PM PDT by wk4bush2004 (SARAH PALIN, 2012!!!!!!!)
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To: Lady GOP

"Thars a reasonable chance...say 30%, that the stimuli bill will keep us from going 100% depression."


24 posted on 03/09/2009 2:27:02 PM PDT by DainBramage
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To: OB1kNOb

25 posted on 03/09/2009 2:27:19 PM PDT by Lady GOP
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To: Zeddicus

Trying to justify backstabbing the GOP


26 posted on 03/09/2009 2:27:30 PM PDT by italianquaker ( Something stinks in DC, oh it is just B.O)
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To: DainBramage

I would say 0 chance.


27 posted on 03/09/2009 2:27:53 PM PDT by Lady GOP
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To: Lady GOP

He is trying to justify his Porkulus support.


28 posted on 03/09/2009 2:27:53 PM PDT by Puddleglum (Obama Lied/My 401K Died)
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To: Lady GOP

Gee, thanks, BOZO!


29 posted on 03/09/2009 2:28:43 PM PDT by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: Puddleglum

Congress, they continue to pork us all.


30 posted on 03/09/2009 2:28:47 PM PDT by Lady GOP
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To: Lady GOP

The article said — “Our economic problems are enormously serious — more serious than is publicly disclosed. And I think we’re on the brink of a depression,” he told reporters at the state Capitol.

Ummmm..., that’s not true, according to many FReepers that have been posting to me that the economy is just fine and it’s just an MSM trick to make people think that there is something wrong...

Usually, I’m told this when I say that we’re in the Great Depression and that it will deepen throughout 2009 and maybe into 2010. I’m told that I’m listening to false reports in the MSM. It’s not true...


31 posted on 03/09/2009 2:29:43 PM PDT by Star Traveler
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To: Lady GOP

The tires on your truck are taller than you are.


32 posted on 03/09/2009 2:31:27 PM PDT by Brookhaven
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To: Lady GOP

Pray tell, Mr. Sphincter how billions in pork, and billions in dollars that won’t be spent for a few years is going to head off a depression. I’d like to know from which economic school this theory was derived.


33 posted on 03/09/2009 2:31:41 PM PDT by yazoo
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To: Lady GOP

Thanks for helping the economy decline with the Porkulus bill and strapping us with more debt and looming inflation.


34 posted on 03/09/2009 2:31:49 PM PDT by Army Air Corps (Four fried chickens and a coke)
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Comment #35 Removed by Moderator

To: Lady GOP

I am soooooo embarassed sometimes to be “Pennsylvania”mom.

:p


36 posted on 03/09/2009 2:33:09 PM PDT by PennsylvaniaMom (Are you an FBI Agent? Actually, I 'm a stay at home mom...)
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To: Paladin2

And you’re one of the Three Stooges who voted to move it along and help the tide gain momentum. You haven’t suddenly stolen Barney Frank’s body and brain, have you?

Or this a bastard, presumptuous offshoot of the ‘magic bullet’ theory of the Kennedy assassination?


37 posted on 03/09/2009 2:33:33 PM PDT by techno
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To: Lady GOP

Why is this in chat?


38 posted on 03/09/2009 2:34:32 PM PDT by maggief
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To: PennsylvaniaMom

Schiff on Business News Network


39 posted on 03/09/2009 2:34:34 PM PDT by Lady GOP
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To: maggief

Sorry wanted it in business and economy.


40 posted on 03/09/2009 2:35:13 PM PDT by Lady GOP
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