Failure should be our teacher, not our undertaker......but, don't blame me?<g>
.......A man can fail many times, but he isn't a failure until he begins to blame somebody else?
President Barack Obama on Saturday accused Republicans of holding American small businesses "hostage to politics" after Republican senators refused to back a $30 billion small-business lending package ....LOL, Republicans are terrorists? But, nobama is just a fountain of truth and justice, a real kenyan with American values.....He's said so? King Obama knows best? yes, he can?<g>
Nobel Prize-winning economist Paul Krugman of Princeton University argues in his New York Times columns that the U.S. already may have fallen into the early stages of a long, deep depression such as Japan's "lost decade." He claims that President Barack Obama and Congress have failed to provide enough stimulus spending.
To[sic] University of Maryland business economist Peter Morici, "signs abound that the economic recovery is faltering." Washington-area financial adviser Randy Beeman tells listeners to his weekly radio show that chances of a double-dip recession are now about 75 percent.
"Rather than an economy gaining strength, consumers now anticipate a slowing pace of growth, and rather than economic policies acting to improve prospects, economic uncertainty among consumers has greatly increased," Richard Curtin, director of the surveys, said in a statement.
The Federal Reserve should revive a crisis-era program to buy government debt if the country seems headed toward a bout with deflation, a Fed official said Thursday. James Bullard,
Federal Reserve Chairman Ben Bernanke heads to Congress Wednesday with a message of reassurance: The Fed stands ready to take new steps to bolster the recovery if the economy worsens.
Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy faces "unusually uncertain" prospects, and that the central bank was ready to take further steps to bolster growth if needed.
GDP=
God
Damn
Politicians
No one is useless in this world who lightens the burdens of another
LOL....the buck stops here, has taken on a new meaning? |
