AMERICA The ObamaNation---NOT!!!

Foreign Editorialists Say
IS THIS THE END OF AMERICA?
Posted: March 19, 2009, 7:38 PM by NP Editor
Ben Bernanke's inflation and U.S. law-making is riddled with slapdash, incompetence and gamesmanship By Terence Corcoran

Helicopter Ben Bernanke’s Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U.S. Congress is launching another public jihad against corporations and bankers.

LINK: http://network.nationalpost.com/np/blogs/fpcomment/archive/2009/03/19/terence-corcoran-is-this-the-end-of-america.aspx

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And it's Only ....Round III
Wednesday, March 18, 2009
Fed Announces Plan to Buy More Than $1T in Assets!!!

LINK: http://www.foxbusiness.com/story/markets/economy/fed-holds-funds-rate---announced-plan-buy-b-long-term-treasuries/

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Wednesday, March 18, 2009Treasurys Plunge After Fed Says Buying $300 Billion In Bonds!

LINK: http://www.foxbusiness.com/story/markets/industries/finance/treasurys-plunge-fed-says-buying--billion-bonds/

RESULT--------> DJIA 7,278.38 -122.42

So lets see...?

U.S. Budget Deficit Forecast to Hit $1.8 Trillion This Year! The Congressional Budget Office says the deficit under President Obama's policies would never go below 4 percent of the size of the economy, figures that economists agree are unsustainable.

The Congressional Budget Office figures, released Friday, predict Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019. That's $2.3 trillion worse than the White House predicted in its budget.
Worst of all, CBO says the deficit under Obama's policies would never go below 4 percent of the size of the economy, figures that economists agree are unsustainable. By the end of the decade, the deficit would exceed 5 percent of gross domestic product, a dangerously high level.

LETS JUST SAY WHEN THE GUVMENT IS INVOLVED IN ANYTHING --MULTIPLY THAT TIMES (X)3!!!! SOCALIZED HEALTH CARE-- SOCIAL SECURITY --MEDICARE--EDUCATION--ONLY SO MUCH THAT YOU CAN GRAB FROM US MR. OBAMA!


"White House spokesman Robert Gibbs said Friday that the new projections won't stop Obama!"


Just wondering...BARRACK HUSSEIN OBAMA --Isnt that a strange name for a President of the USA?

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QUOTE!

As Ronald Reagan Stated

In this time of crisis
Government isnt the solution to your problems...
Government IS the problem!