Monday, July 05, 2010

Foreign Praise for BO Leadership

With the US trapped in depression, this really is starting to feel like 1932 - Telegraph

Well, actually, he isn't mentioned -- but why should he be? He figured all that had to be done was to borrow and spend a bunch of money and prosperity would be just around the corner. What's left now? Tax increases?

Here is the kind of an honest view you aren't likely to see from the American MSM:

Let us be honest. The US is still trapped in depression a full 18 months into zero interest rates, quantitative easing (QE), and fiscal stimulus that has pushed the budget deficit above 10pc of GDP.

Remember '08? The "depression" word was regularly used by the MSM, as in "Bush Depression" -- once BO got in, we had to have a big stimulus to keep unemployment from rising about 8%. Much like the MSM created "Katrina Bush debacle", this was going to be GREAT -- BO would walk in to what they figured wasn't nearly as bad as what they had been saying, take charge, spend some money, and the "liberal success" that they had been waiting for ever since before Jimmy Carter would finally be theirs! Hope was high for their boy from Hope, Slick Willie, but he flamed out in less than two years and had to be rescued by a Republican congress -- earning his greatest fame in "Presidential Emissions".

The real world is just a bit more dangerous than MSM dreaming -- most likely we are very due for the big terrorist event that will precipitate the next massive drop of the economy and the emotions of Americans. Elect a clueless community organizer and kill your countrymen -- experience is the best, but often the most expensive teacher.

1 comment:

  1. Anonymous8:24 AM

    Liberal's fiscal policies and job creation don't belong in the same paragraph.

    Unless of course it is Nancy"Unemployment checks create jobs" Pelosi informing us of the "facts" or Joe"Those 8 Million Jobs will never come back" Biden weighing in with all of his mental prowess on the subject.

    It is too ingrained in the liberal psyche that all businesses are evil for them to accept the basic of principals associated with job creation and economic success.

    Liberal's need to create a dependant class, which they appear to have successfully done, which then can be shepherded around from crisis to crisis, all the while informing them how well they are being taken care of and how bad it could have been if Bush were still in charge, conveniently forgetting that Bush couldn't run for office again if he wanted too, is the light which guides them, makes them "feel warm and fuzzy" and provides the mental escape from dealing with realities which they require to exist.

    The future isn't so bright I have wear shades, more batteries will be required for the flashlight.