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View Full Version : Economics Economy in the toilet, and B.O. is making it worse


The Mad Crapper
01-29-2010, 09:26 AM
“The money he’s spent is all short-term thinking…it’s all expenditures, not investments that would change the competitive advantage of the U.S.,” the professor says, drawing a stark distinction between President Obama and the President he’s often compared to: FDR. “This current recession is just the tip of the iceberg,” says Richard D’Aveni, a professor of strategic management at Dartmouth’s Tuck School.

See video:

http://butasforme.com/2010/01/29/dartmouth-prof-america-in-decline-obama-to-blame/

BucEyedPea
01-29-2010, 09:26 AM
Those are investments to govt lovers. Govt is growing....and they love it. That's economic growth to them. To any commie/socialist!
Remember taxes are called "contributions" under Clinton. The Newspeak is unbearable.

The Mad Crapper
02-06-2010, 12:14 PM
http://www.moonbattery.com/ObamaSocialist.jpg

Chief Henry
02-06-2010, 12:32 PM
Those are investments to govt lovers. Govt is growing....and they love it. That's economic growth to them. To any commie/socialist!
Remember taxes are called "contributions" under Clinton. The Newspeak is unbearable.


He gets glowing reviews from the newsmedia pundits.

whatsmynameagain
02-06-2010, 12:33 PM
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He gets glowing reviews from the newsmedia pundits.

who is giving him glowing reviews? u r 1 dumfuk

and did this really need a thread if its own, the economy is in shambles wasnt good enough?
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T-post Tom
02-06-2010, 01:03 PM
I preferred this story form the website. Better start packing your bags and head to Canada folks...

Russian Professor: Collapse Of America Could Begin In Two Months
Paul Joseph Watson

Russian Professor Igor Panarin says that events are continuing to confirm his doomsday prediction first made over 10 years ago, that the United States will completely collapse like the Soviet Union before the end of 2010, and warns that the chaos could begin to unfold in as little as two months.

Panarin, doctor of political sciences and professor of the Russian Diplomatic Academy Ministry of Foreign Affairs, told journalists during the unveiling of his new book yesterday that President Obama has done nothing to forestall the fast approaching crisis and that it could begin to properly unfold in November.

“Obama is “the president of hope”, but in a year there won’t be any hope,” said Panarin. “He’s practically another Gorbachev – he likes to talk but hasn’t really managed to do anything. Gorbachev at least had been a secretary of a regional communist party administration, whereas Obama was just a social worker. His mentality is totally different. He’s a nice person and talks nicely – but he’s not a leader and will take America to a crash. When Americans understand that – it will be like a bomb explosion.”

Since 1998, Panarin has been warning of a future disintegration of the United States and the collapse of the dollar. The recent election victory for Japan’s Democratic Party is another sign that the economic collapse of the U.S. is imminent, according to Panarin.

“Today I received another confirmation that the collapse of the dollar and the US is inevitable. Japan’s Democratic Party won the election, and I’d like to remind you that its leader [Yukio Hatoyama] has the snubbing of the dollar among his economic plans. In plainer words, he plans to transfer Japan’s monetary reserves from US dollars into another currency. The move will seriously accelerate the dollar’s exchange slump as early as this November. Disintegration will follow shortly,” he said, adding that next year China would also begin to massively dump the dollar and that Russia would begin to sell oil and gas for roubles.

Panarin previously stated that the dollar would eventually be replaced with “a common Amero currency as a new monetary unit”, referring to the Security and Prosperity Partnership agreement between the U.S., Canada and Mexico.

He foresees the U.S. breaking up into six different parts, roughly along lines similar to those of 1865 during the Civil War, “The Pacific coast, with its growing Chinese population; the South, with its Hispanics; Texas, where independence movements are on the rise; the Atlantic coast, with its distinct and separate mentality; five of the poorer central states with their large Native American populations; and the northern states, where the influence from Canada is strong,” according to Panarin.

Longer term, Panarin predicts that the breakaway states will eventually be taken over by the European Union, Canada, China, Mexico, Japan and Russia and America will cease to exist altogether, as depicted in the illustration above.

Panarin blames the collapse on a “political elite that implements an absurd and aggressive policy that aims to create conflicts around the planet” and warns that increasing firearms sales in the U.S. are a sign that people are preparing for “chaos” in the aftermath of a total financial meltdown.

“In my opinion, the probability of the US ceasing to exist by June, 2010 exceeds 50%. At this point, the mission of all major international powers is to prevent chaos in the US,” Panarin concluded.

http://butasforme.com/2009/09/01/russian-professor-collapse-of-america-could-begin-in-two-months/

The Mad Crapper
02-06-2010, 03:32 PM
It's bad enough when illiterate jurors issue damages awards in the billions of dollars because they don't grasp the difference between a million and a billion. Now it turns out the Democrats don't know the difference between a million and a trillion.
Why not make the "stimulus bill" a kazillion dollars?
All Americans who work for a living, or who plan to work for a living sometime in the next century, are about to be stuck with a trillion-dollar bill to fund yet more oppressive government bureaucracies. Or as I call it, a trillion dollars and change.
The stimulus bill isn't as bad as we had expected -- it's much worse. Instead of merely creating useless, make-work jobs digging ditches -- or "shovel-ready," in the Democrats' felicitous phrase -- the "stimulus" bill will create an endless army of government bureaucrats aggressively intervening in our lives. Instead of digging ditches, American taxpayers will be digging our own graves.
There are hundreds of examples in the 800-page "stimulus" bill, but here are just two.
First, the welfare bureaucrats are coming back.
For half a century, the welfare establishment had the bright idea to pay women to have children out of wedlock. Following the iron laws of economics -- subsidize something, you get more of it; tax it, you get less of it -- the number of children being born out of wedlock skyrocketed.
The 1996 Welfare Reform bill marked the first time any government entitlement had ever been rolled back. Despite liberal howling and foot-stomping, not subsidizing illegitimacy led, like night into day, to less illegitimacy.
Welfare recipients got jobs, as the hard-core unemployables were coaxed away from their TV sets and into the workforce. For the first time in decades, the ever-increasing illegitimacy rate stopped spiraling upward.
As proof that that welfare reform was a smashing success, a few years later, Bill Clinton started claiming full credit for the bill.
Well, that's over. The stimulus bill goes a long way toward repealing the work requirement of the 1996 Republican Welfare Reform bill and rewards states that increase their welfare caseloads by paying unwed mothers to sit home doing nothing.
Second, bureaucrats at Health and Human Services will electronically collect every citizen's complete medical records and determine appropriate medical care.
Judging by the care that the State Department took with private visa records last year, that the Ohio government took with Joe the Plumber's government records, that the Pentagon took with Linda Tripp's employment records in 1998, and that the FBI took with thousands of top secret "raw" background files in President Clinton's first term, the bright side is: We'll finally be able to find out if Bill Clinton has syphilis -- all thanks to the stimulus bill!
HHS bureaucrats will soon be empowered to overrule your doctor. Doctors who don't comply with the government's treatment protocols will be fined. That's right: Instead of your treatment being determined by your doctor, it will be settled on by some narcoleptic half-wit in Washington who couldn't get a job in the private sector.
And a brand-new set of bureaucrats in the newly created office of "National Coordinator of Health Information Technology" will be empowered to cut off treatments that merely prolong life. Sorry, Mom and Pop, Big Brother said it's time to go.
At every other workplace in the nation -- even Wal-Mart! -- workers are being laid off. But no one at any of the bloated government bureaucracies ever need fear receiving a pink slip. All 64,750 employees at the department of Health and Human Services are apparently absolutely crucial to the smooth functioning of the department.
With the stimulus bill, liberals plan to move unfirable government workers into every activity in America, where they will superintend all aspects of our lives.
Also, thanks to the stimulus bill, the private sector will gradually shrivel and die. According to the Congressional Budget Office, the cost of servicing the bill's nearly trillion-dollar debt will shrink the economy within a decade.
Robert Kennedy famously said: "There are those who look at things the way they are and ask, 'Why?' I dream of things that never were and ask, 'Why not?'"
The new liberal version is: There are those who look at things and ask, "Why on earth should the government be paying for that?" I dream of things that never were funded by the government and ask, "Why not?"



http://townhall.com/columnists/AnnCoulter/2009/02/11/goodbye,_america!_it_was_fun_while_it_lasted