Things are to the point of reality in reaching the ivory towers when from the shores of London that Andrew Evans-Pritchard is using the Depression word in articles describing America.
Even liberal elite in America are starting to call a double dip recession by the real name of Depression, but in reality as this blog by God's Grace has accurately pointed out from Day One, America was plunged into a recession when Bill Clinton passed his retroactive tax cuts, which ended the Reagan Expansion. (Note* liberals constantly speak of the Clinton surplus, but that was not a surplus, that was American wages stolen from them and horded by the government to which George W. Bush dumped them back into the economy.)
President Bush 43 inherited this recession and was not alerted to it by the Fed until 9 11 struck, and then he was informed a global depression was setting in, and this is what President Bush moved the President to the 1 trillion in home loans to move the economy. That worked, but the rebates which President Bush was promised would work, failed both times.
It was this trillion which the cartels as this blog exclusively exposed drove up food and fuel prices to steal from Americans, and what they used in the Obama housing implosion to bring about the 2008 contraction.
Mr. Obama inherited a stable economy in January 2009, and proceeded to strangle it, thereby, causing the Obama Super Depression which American entered into, and as of 2010 will enter into what the world has not known since the 1930's, in this is going to be a Super Duper Obama Depression.
Obama in same pattern has repeated Franklin Roosevelt dithering policy, which Roosevelt deliberately imploded the American economy to get hisself re elected 4 times to the White House and start World War II which is what stopped the Great Depression, as it bled the British Empire dry of funds in lend and lease, and as a safe haven foreign funds flooded into American markets for protection.
That is the evil secret Franklin Delano Roosevelt and his communist clache brought on America, in they stole American's gold, assisted in initiating a world war and then harvested the entire world money supply.
Obama for his cartel benefactors has been looting the American Treasury in placing the last debt back into those elitists banks in full retribution on America.
The list of what Obama has deliberately done in plundering America is complete. He is in the process of shutting down energy supply, tar balling the Gulf and in cap and trade will literally force some of the biggest solvent American companies either offshore or into bankruptcy.
American Crystal Sugar who create the sugar numbers of Americans use out of the sugar beets in a renewable, and profitable sugar farming business in the Red River Valley of North Dakota by Fargo, has stated if Obama brings about his carbon tax he is pushing, they will be destroyed.
Where Franklin Roosevelt stopped in destroying Ford, GM, Crystal Sugar, American oil companies and American farming, B. Hussein Obama is wholesale destruction in literally wiping out the last economic generators, so there will be not only no wealth generation in America, but there will be no food product grown in America.
This blog has reported often enough that Al Gore in the 1990's appeared before the Future Farmers of America, and informed them to not go into American agriculture as America would import all of it's food from South America.Those children and their families sat wide eyed and astonished at that lunatic statement, but B. Hussein Obama in this 21st century has initiated that exactly.
In the 1980's President Ronald Reagan was maligned for the Trickle Down Economic Theory which indeed proved it worked wonderfully.
President Theodore Roosevelt also noted in proof that George W. Bush in his rebates would not work, as the government could invest a trillion dollars to develop wilderness like Ohio, but a wilderness would remain as money is only absorbed and grows no economy. Only by exploiting people and the natural resources in good natural greed are economies grown.
Trickle Down worked to prosper Americans. If it was not for the plundering of the Dotcom bust and the Obama housing implosion, Americans would still be very wealthy and affording retirement, but the nation rapists stole those savings.
What American has entered or been pushed into in the Obama abyss is thee literal fact of a new definition of the Piss Up Reality, which is exactly what it sounds like in the elite who live in ivory towers who have been pissing on Americans have had the winds of change blow in their faces and what Americans have been suffering through in no money since the Clinton Dotcom rape, is now a urine amber stained breeze blowing back into their faces.
That is what Mr. Pritchard is speaking of in the elite are now being covered in Obama urine. Their finances are taking a hit where poor Americans have been suffering horrendously since 2008. When Biden and Obama smart off about taxes, those Americans stuck paying taxes have absolutely no more money to give the government. Their wages have already been scraped to the bone and they can not afford cars, because Mexicans bought up all the used ones. They can not afford housing, because Mexicans in real estate agents have driven up prices on starter homes and Americans can not afford gasoline, because 11 million or 40 million Mexicans are burning up the excess US supply.
See the Mexicans are slave labor, but are being plundered by all these magnets of key facets of the economy from grocery stores to car dealers. They are not paying hospital nor education funds, so those areas are imploding. The robber barons are just like Bill Gates in his Microsoft in not caring one bit about American poor who are getting stuck with massive inflationary prices.
Americans have not had any extra money now for over a decade, and with Obama their finances are scraped to the bone. Used cars which used to be 500 dollars are now 3500 dollars.
Obama's cash for clunkers literally destroyed transportation for poor Americans. There just is nothing left of poor Americans as America has been depleted. This is now reached the ivory tower elite who voted for Obama and are now being pissed upon, as they do not have the money for their high lifestyle.
As I exposed on Newsbusters 2 years ago, the Noel Sheppard types as Sean Hannity just fill up their SUV's even if they do not like the price. Poor people stopped filling up years ago, and only put in 10 dollars at a time, so they can buy food.
For the rich, it has been squirming about pizza going up, for the poor it has been years of not having pizza as they needed gas instead.
This is nothing against Sean Hannity, but he mentioned this on his program. The rich now though are going to start taking the hits and when their reserves dry up, America is going to blow away, and that is why Obama was after Swiss banking in 2009 as this blog exclusively reported as he is going to shut down the last private money so America will never rise to compete with his Marxist regime.
This is why Obama was demanding that banks fleeing Obama regulations face foreign laws to return them to Obama boot on their throat.
Obama is implementing total shackling and control, so no one can escape his despotry.
This is now the reality in Noel Sheppard of Newsbusters like that simp of spawn who Bill Buckley fathered in these patricians all voted for B. Hussein Obama, and now they are getting their poodle poked as Obama has come for the poor and now he is coming for the rich who created this monster of the Muslim oil mafia and Berlin clique.
America is done as a nation. As this blog warned, there might not even be pieces for Sarah Palin to put things back together again, as Obama has created Humpty Dumpty America.
Go ask Alice. She knew the rhyme even in the rabbit hole, and she knew dying from a forced OD in a bathroom stall.
It is the Piss Up Reality. You can't fix that which is shattered.
agtG
