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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (521958)10/20/2009 7:02:20 AM
From: Brumar89  Read Replies (2) | Respond to of 1583416
 
Biden says we're in a Depression - as for Obama his economic accomplishment so far is 30K jobs added plus record unemployment, record deficits, and the prospect of more to come:

Joe Biden: “It’s a Depression” (Video)

Monday, October 19, 2009, 7:23 PM
Jim Hoft

What a shame.
The state-run media was trying so hard to lift this buffoon up…

Then he drops the d-word:

“The US is in a depression. The US is in a depression.”

You go, Joe:

Via Hannity
Joe must have missed the memo- “Obama rescued the economy.”

gatewaypundit.firstthings.com



To: Road Walker who wrote (521958)10/20/2009 8:07:14 AM
From: HPilot  Read Replies (2) | Respond to of 1583416
 
How many jobs did he save if Chrysler and GM (and their suppliers and subsequently Ford and 1000's of other companies) had gone under? We would have been in a depression.

He didn't save a single job, both companies went bankrupt. All he did was to prolong the bankruptcy, which would have happened earlier with less government restrictions and a better deal for both companies.



To: Road Walker who wrote (521958)10/20/2009 10:21:53 AM
From: i-node  Read Replies (2) | Respond to of 1583416
 
How many jobs did he save if Chrysler and GM (and their suppliers and subsequently Ford and 1000's of other companies) had gone under? We would have been in a depression.


There is no evidence that Obama's takeover of the auto industry saved ONE job over what would have been saved by the normal bankruptcy process, particularly had it been accompanied by some financial assistance. There was no need to nationalize the auto industry.

>> Those guys handled the crisis as perfectly as could be expected.

A ridiculous claim that clearly illustrates your lack of basic understanding of business concepts.