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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (121216)	9/20/2012 6:09:05 AM
From: RetiredNow	Read Replies (2) \| Respond to of 149317

It's not about you. It's about business. They are hoarding cash and not investing. Banks are not lending their excess reserves. This is the bloodless verdict of the free market. There is no business confidence and there won't be until Obama and Bernanke are gone. Keynesianism and Soviet style Central Economic Planning have failed yet one more time in a long string of failures in history. You are so willfully blind it's unbelievable. China is in its 11th month of mfg contraction. Who buys China's mfg goods? The world. And if China's mfg has been contracting for 11 months, what does that say about global demand? It's contracting too. The world is in recession. I TOLD YOU SO. The only thing propping up these securities markets is massive money printing by the US, Europe, China, and Japan. It's a giant currency debasement experiment with massive negative consequences. If they keep this up, this will lead to global war. It's already leading to massive unrest in every location where inflation is being exported. Bernanke must be fired yesterday. He is the single most dangerous man on earth now. ------------ China stocks slammed after PMI, lead Asian losses marketwatch.com By Sarah Turner and V. Phani Kumar, MarketWatch HONG KONG (MarketWatch) — Mainland Chinese stocks stumbled to their lowest level since February 2009 to lead Asian markets lower Thursday after data showed a further deterioration in manufacturing activity in the country.