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Waxman: ‘Some people call it a recession, I think it’s a depression’ [ Video at link ]
freebeacon.com ^ | July 2 2012 | Washington Free Beacon Staff

Posted on 07/02/2012 5:13:01 PM PDT by NoLibZone

Rep. Henry Waxman (D., Calif.) said the economy is in a depression, in an interview with C-SPAN’s “Newsmakers.”

Video at link.


TOPICS: Business/Economy; Extended News; News/Current Events
KEYWORDS: economy; waxman
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1 posted on 07/02/2012 5:13:06 PM PDT by NoLibZone
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To: NoLibZone

He’s right it is and it will continue for a while yet.

Thanks henry! /sarc


2 posted on 07/02/2012 5:17:50 PM PDT by formosa (Formosa)
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To: NoLibZone

I thought he was all for spreading the misery.


3 posted on 07/02/2012 5:21:15 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: NoLibZone

only correct thing he has ever said in his whole life, the dumb-azz.


4 posted on 07/02/2012 5:21:21 PM PDT by Lockbar (March toward the sound of the guns.)
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To: NoLibZone

Wonder how long it will take him to get his phone call.

The WH will NOT be pleased. It’s supposed to be getting better, doncha know.


5 posted on 07/02/2012 5:21:34 PM PDT by I still care (I miss my friends, bagels, and the NYC skyline - but not the taxes. I love the South.)
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To: Lockbar

just call it what it is a Waxman/Frank


6 posted on 07/02/2012 5:29:28 PM PDT by molson209
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To: NoLibZone

Bat-Boy’s grandfather told the truth? A first!


7 posted on 07/02/2012 5:31:22 PM PDT by LostInBayport (When there are more people riding in the cart than there are pulling it, the cart stops moving...)
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To: NoLibZone

Guest Post: Go Figure, The Poorest Place In Europe Is Run By Communists
http://www.zerohedge.com/news/guest-post-go-figure-poorest-place-europe-run-communists

Ah Moldova… the poorest country in Europe, which just so happens to have had a Communist party majority in its parliament since 1998.

These two points are not unrelated.

Despite having achieved its independence from the Soviet Union over 20 years ago, the state is still a major part of the Moldovan economy…from setting prices and wages to media, healthcare, agricultural production, air transport, and electricity.

-snip-

Rather, it’s like what Michelangelo said about sculpting: to achieve growth and freedom, one need only remove the unnecessary stone, underneath which lies the masterpiece.

The likelihood of these guys figuring it out, unfortunately, is zero. And that doesn’t just go for Moldova, but all western governments.

Europe is now taking a dangerous slide back into Communism… or at least steep radicalism. Neo-Nazi parties and openly Marxist politicians are dominating the scene.

-snip-

This is the vicious cycle that forms when an entire nation reaches the point of desperation, and we are seeing signs of this forming all over the west. The only question is… who will become the next Moldova?


8 posted on 07/02/2012 5:31:59 PM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: NoLibZone

He must be REAL PROUD>...since he helped CAUSE IT!!!


9 posted on 07/02/2012 5:37:53 PM PDT by goodnesswins (What has happened to America?)
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To: NoLibZone

I think Nostrils has finally figured it otu.

Of course he will blame Bush.


10 posted on 07/02/2012 6:00:14 PM PDT by Venturer
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To: NoLibZone
Everybody knows the recession depression recovery saying.

Happy depression for you Nostraldumbas!

It's recovery for the rest of US!

11 posted on 07/02/2012 6:15:25 PM PDT by rawcatslyentist ("Behold, I am against you, O arrogant one," Jeremiah 50:31)
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To: NoLibZone
what was his first clue???
12 posted on 07/02/2012 6:19:03 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: NoLibZone
Don't be suckers. When Waxman and Biden both declare their hero's economy to be in a depression, it can mean only one thing: They are trying to prepare the way for the idea of a Second New Deal, to respond to The Second Great Depression, with obama as the Second Coming of FDR, and the ObamaTax as a small downpayment on the gubmint takeover of the American economy, all to save us from ourselves.
13 posted on 07/02/2012 6:26:44 PM PDT by hinckley buzzard
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To: NoLibZone

The largest tax increase in history, it’s the Obama Depression! Herbert Hover was never this stupid!!!


14 posted on 07/02/2012 6:42:32 PM PDT by The_Media_never_lie (The First Bystander must be removed!)
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To: NoLibZone

The largest tax increase in history, it’s the Obama Depression! Herbert Hover was never this stupid!!!


15 posted on 07/02/2012 6:42:56 PM PDT by The_Media_never_lie (The First Bystander must be removed!)
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To: NoLibZone

How did the Congressman from Hollywood manage to blame it on Republicans? I’m sure he must have.


16 posted on 07/02/2012 6:49:49 PM PDT by Bernard Marx
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To: formosa
He’s right it is and it will continue for a while yet.

3 to 5 more years, my wag.

17 posted on 07/02/2012 7:05:38 PM PDT by The_Media_never_lie (The First Bystander must be removed!)
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To: NoLibZone

Henry ( Nose Hair) Waxman is finally right, and he helped cause it. Henry was an avid supporter of the Housing initiative in which every American should have a house, even if they couldn’t afford it. And so the whole Fannie Freddie sponsored flea circus came tumbling down, but Henry is still here?

Man Henry needs to retire, just as Chuck the Schmuck needs to.


18 posted on 07/02/2012 7:10:32 PM PDT by Candor7 (Obama fascism article: http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
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To: Candor7

Calif. is so screwed. Businesses know not to locate there.


19 posted on 07/02/2012 7:33:58 PM PDT by The_Media_never_lie (The First Bystander must be removed!)
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To: formosa

I agree with Henry...
We are in a Hole soo deep...
Even Waxman couldnt suck us out with Both of His Nostrills!


20 posted on 07/02/2012 7:54:57 PM PDT by LtKerst
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