Obama - Pelosi to Private Economy: "Let Them Eat Cake"
Working for the government has never been better. Working in the private sector -- not so much.
The US jobs picture for 2010 is discouraging.
Small businesspersons in the US still largely depressed.
Adjusted for inflation, the DJIA stock index is only at 8200
US running out of unemployment money.
Home equity lines drying up across US.
Corrupt and Inept Fannie Mae and Freddie Mac promote bad loans, high delinquency rates, new banking crises in the making. Pelosi's House has already "set aside" $4 TRILLION for the next bailout to big banks.
Even more ugly abuse by Fannie and Freddie Read it and weep for a government that cannot learn from its mistakes -- and forces its people to pay for them over and over.
Obama - Pelosi's policies suggest they want everyone to be a unionised government employee. Kill the energy industry with carbon cap 'n stab, kill biomedical innovation and quality by nationalising it, kill the rest of the private economy with proliferating taxes, rules, regulations. Attention citizens: you are traveling on the Obama River. Now brace yourselves for going over the falls.
The US jobs picture for 2010 is discouraging.
Small businesspersons in the US still largely depressed.
Adjusted for inflation, the DJIA stock index is only at 8200
US running out of unemployment money.
Home equity lines drying up across US.
Corrupt and Inept Fannie Mae and Freddie Mac promote bad loans, high delinquency rates, new banking crises in the making. Pelosi's House has already "set aside" $4 TRILLION for the next bailout to big banks.
Even more ugly abuse by Fannie and Freddie Read it and weep for a government that cannot learn from its mistakes -- and forces its people to pay for them over and over.
Obama - Pelosi's policies suggest they want everyone to be a unionised government employee. Kill the energy industry with carbon cap 'n stab, kill biomedical innovation and quality by nationalising it, kill the rest of the private economy with proliferating taxes, rules, regulations. Attention citizens: you are traveling on the Obama River. Now brace yourselves for going over the falls.
Labels: Doombama
posted by al fin at 4:11 pm
4 Comments:
This graph shows what you are talking about regarding Fannie and Freddie....
http://dailyreckoning.com/files/2009/12/DRUS12-30-09-1.GIF
Since the US taxpayer will be on the hook for Fannie and Freddie and it will all be "off the books" but still an obligation, it will be another tax.
The Chinese, Mid-east sheikdoms and others who hold the Treasury bills we issue like water will, at some point, say no mas. That will be an ugly day. They are watching these developments closer than the average American.
...yet economists continue to tell us how great it is that China "subsidizes" us....
http://mjperry.blogspot.com/2009/12/chinese-no-americans-slapped-in-steel.html
Sheep to the ....
Oh, yes. You are both on the money.
These will be interesting years to come, on many levels.
Really great blog!
As long as people vote democratic or republican, things will never change in this country and our quality of life will
continue to degrade.
As you know, the media and other controlling sources make us think that we only have two choices for
the presidency in our nation.
Did you know the first third party in our country was the anti-freemasonic party? They were
good people that stood against evil and offered our country a third choice for leadership. Leadership that stood against
the tyranny, suppression, and oppression that we face today.
We need real change and to get our nation off of the oil and corrupt pharmaceutical industry standard. Please review our
website, contact us with any questions or comments, and help us anyway you can.
Sincerely,
Adam Vohrer
Vice President of C.C.R.G.
Citizens Committee for Restructured Government (CCRG)
www.ccrg.info
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“During times of universal deceit, telling the truth becomes a revolutionary act” _George Orwell
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