Tuesday, November 24, 2009

The Obama Depression recovered from Recession

It is getting embarrassing watching the Obama whores in the media, because it has gotten to the point that Obama just has to declare victory in Afghanistan with New York City under a nuclear mushroom cloud and the Obamalings would chirp all is success.

I do not think there is a small market Obama reporterette who is not with wet panties spewing out the propaganda that the "economy has recovered".

I saw on a feed a little blonde Tom Daschle prostitute in Sioux Falls, SD, named Angela Koeneke who was just beaming her idea of economic news that the recession was over. The problem was the very next day her very own press was saying housing numbers were horrid.

I found a story by Jeannine Aversa which was in the same wet pantie Peggy Noonan mode with quotes of
"the recovery got off to a slow start".


Most Citizens would note that if a rolling boil got off to a slow start, it wasn't really anything boiling at all, but a just tepid water.
If ice cream got off to a slow start, you would just have lumpy cream.
If sex got off to a slow start, you would just have............flossing.

Without further delay, we present the Obama discovery of recovery when it is and it is not, but is the dream of a thousand little Obamalings hoping their boy failure in failure will save them.

Quotes:


The worst recession since the 1930s is very likely over, but the economy's return to good health will take time, Fed officials and economists say.

Wow that is an interesting liberal way of putting it, when the 1930's "recession" was called the Great Depression. So the real translation is America has an Obama Great Depression and the economy is sick.

Unlike past rebounds that were driven by the spending of everyday Americans, this one appears to hinge on spending by businesses, foreigners and - until it runs out - the government.

Interesting that the "rebound" has nothing to do with consumer spending. The fact is the "spending" is massive debt increases by the Obama Geithner government, with the only "spending" by foreigners being Chinese buying Obama debt so they can beat the hell out of there Chinese patriots as Obama cares nothing on human rights, with businesses we find out in the same article that business is not spending anything at all in this "recovery".

If consumers clam up, the economy could tip back into recession. President Barack Obama recently cautioned that the economy could suffer a "double dip" downturn.

There is no "if" consumers clam up as consumers are still clammed up in spending. That means a double dip DEPRESSION is going to occur in 2010.

Much of the economy's return to growth last quarter reflected federal support for spending on homes and cars.

This is the condition which Germany and Japan were scolding Bearick Obama on in his "bubble economics" which is nothing but massive debt increases paid by American savers, with their money transferred to Obama JP Morgan globalist financier cronies and his Government Motors union thugs.
That is called another name in Somalia in piracy!

Businesses also trimmed stockpiles of goods by $133.4 billion last quarter, slightly more than initially estimated.

This is the most distressing element of the Obama propaganda piece as whenever businesses are trimming stockpiled goods, it means that they do not have the money to purchase commodities. It is the worst of situations for an economy as business or manufacturing industry is not purchasing from other suppliers as they are in financial ruin.
It means that an inflationary tick is driving up supply even if there is no demand, much like consumers are noting that prices in advertisements are leaping up in this holiday season. This is Obamanomics inflation when the government cheapens money so that all products cost more due to the spiral of foreign energy imports and too much currency floating around so prices increase.
That is a massive amount in billions for businesses to deplete their reserves. America could be looking next to an industrial manufacturing implosion of the few businesses left in America still operating.

Millions have yet to feel a benefit from the recovery in the form of a new job or even an easier time getting a simple loan. Even those with jobs are reluctant to go on a spending spree. The values of their homes and 401(k)s have not fully recovered.

Another profoundly odd statement as if multiple millions of Americans are not benefiting from a "recovery" then it is not a recovery at all.
No job creation and lack of credit for loans, means not a recovery but a depression cycle and a tightening of money supply as creditors are still not willing to accept risks as they are in tight financial constraints.
Homes with depressed prices and the pirated 401k's reveal that there is nothing there for Americans in equity. That means no consumer spending as no jobs will be created for 5 years it is estimated under Obama and home sales, except for the Obama bubble which will burst again are a valueless feature as a "recovery" item.


"The best thing we can say about the labor market right now is that it may be getting worse more slowly," Bernanke said last week.

I do love Ben Bernanke of the Fed, because he at least has sense enough to not terrify the world markets. It is better to say, "your recovering loved one is dying more slowly" than "dig the grave as that dude is going tits up".
No jobs, and the getting worse job market, means no creation of wealth. That is what you get with Barack Obama looting the Treasury, paying money to his cronies and no funding for a legitimate recovery.

Against that backdrop, Obama said he's weighing tax breaks that could encourage businesses to hire again.

This is my favorite line in Obama has now stated that the only way to fix the American economy is be just like George W. Bush.

So the answer to all the Obamalings is Barack Hussein Obama in all of his change admits George W. Bush was correct and the only way for Obama to save his political butt is to change from his change and take on Bush economic policy.
After Obama strangles America, destroys the Bush recovery, pirates America, steals trillions from American savers, is busy destroying every facet of American live from finance to health care, he now mentions George W. Bush was right.

Mr. Obama knew this as did his Geithner group from day one. They knew they were criminally looting America, criminally manipulating stocks, gold and money supply, all to seize more control over Americans, but yet the puppy press is still calling the "Obama Depression" an Obama recovery.

Mr. Obama needs to be indicted as that is what he and his group have been up to is criminal terrorism of the United States economy.

agtG



The Obama Depression recovered from Recession