$2 trillion sitting on the sidelines because BO has made it unattractive to
invest that money in the US.on a related noteI've
seen BO's campaign ads where he said Romney's proposals called for the
same things that put us in the mess we're in. BO's comments show how
incompetent and unqualified BO is. We are in the mess we are in
because barney frank and slick willy corrupted a perfectly functioning secondary
market for mortgage loans by forcing those who set the market (fannie and
freddie) to eliminate lending standards to make homeownership more affordable.
With the removal of lending standards, we got a housing bubble. When that
bubble collapsed, it took our economy with it. BO has done NOTHING effective to
address this problem.Where BO lied and shows his incompetence is
saying Romney proposes the same things that caused our problems. Romney is not
espousing the elimination of lending standard. BO is wrong and clearly in over
Economy slows is an understatement. The economy is so upside down it make the
civil war years look like we had excessive prosperity than we've had in 150
years since.The only difference is 1860 and 2012 is we are better at
covering up corruption and lies.The civil war was more prosperous,
we made and grew or own food, clothing, and goods for our own use. Now we
can't even process a can of beans in our own country, we don't have
the know how but we do have the technology to give to Mexico to do it for us.
The caners are irrelevant to the economy or our GNP growth. Obama says we
can't have laborers in this country, that's beneath his dignity. If he
or a minority, anyone not white, have to work is unthinkable, they deserve the
best of entitlements before they should be made to produce anything.
Sean Hannity reported on his radio show that Mitt promised he would have the
unemployment rate down to 3.6%, in 90 days (4/21/13).The economy is
no longer losing 750,000 jobs per month as it was when President Obama took over
for President Bush.Given that fact as well as his severe
conservative credentials as an expert job creator, in addition to the fact that
his donors have over $2,000,000,000,000 sitting on the sidelines just waiting to
make a killing investing in an unregulated American economy Mitt promised all
his donors makes 3.6% unemployment by 4/21/13, a piece-a-cake for Mitt.Based upon what Sean Hannity reported on his FOX News sponsored show, I think
this DN artcile is way too pessimistic.