Mountanman,I heard on NPR this morning theat BO's energy dept
is loaning another $160 million or so to another "solyndra" type company
in Oregon that has an unproven product and a questionable business plan. The
company MIGHT be able one day to create 400 new jobs. BO is paying $400,000 of
our dollars per job. I suspect his contribution bundlers have a stake in the
company.What a wonderful job BO is doing in supressing economic
growth while paying off his chronies!
GDP (1.3%) minus the inflation rate (about 8% if you include food and energy)=
6.7% recession. So much for the “Obama recovery”. Its interesting
how economic definitions change and how the news media reports things when a
liberal is in the White House. In other words, fast and furious, Solyndra, GSA
scandals and White House intelligence leaks are not the only cover-up going on!
In the meantime, all we hear from them is how terrible Romney is! Laughable if
it weren’t so damaging to our country.
We are headed for a total economic crash - and soon! What these losers in
Washington haven't come to realize, is that you cannot heal a failing
economy by printing an endless amount of fiat money. Most trends forecasters and
the economists that aren't beholding to anyone are of the belief that
Bernanke's QE-3 has sealed our doom. The Federal Reserve is
unconstitutional. Bernanke needs to join the unemployment line. We need to get
back to a sound economic standard and bring the jobs back to America. And by the
way, it sure would be nice if the news media and the government would be
truthful about the unemployment rate. They drop from their figures, those people
whose benefits have run out, and who remain unemployed. It's not 8.0%.
It's more like 25%. The economic growth figures are bogus as well.
It's a joke to even report such low numbers. You can be assured, the
government has manipulated those numbers as well.