Wednesday, September 22, 2010

Obama’s Economic “Mission Accomplished”: Recession Ended June 2009

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Obama’s Economic Mission Accomplished occurred before the Trillion Dollar NonJob-Stimulus was enacted (exactly how dull was that move?).
http://blogs.wsj.com/source/2010/09/21/recession-ended-june-2009-equities-rally/
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The Obama Economic Recovery Outcomes
No Jobs
No economic recovery
Real estate train wreck
Record deficits
Record debt
No hope of paying off the debt in our lifetime
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Now, after doing immense financial damage, Obama’s economic team (high on schooling, low on doing) are leaving like rats off a sinking old freighter.
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Former OMB Director Peter Orszag
Orszag, just left his job as President Barack Obama’s budget chief
http://blogs.wsj.com/washwire/2010/09/12/orszag-takes-another-swipe-at-obama/
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Larry Summers – Chief Economic Advisor now on his way back to school
http://www.foxnews.com/politics/2010/09/21/obama-adviser-summers-depart-white-house-years-end/
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Christina Romer, Chair of Obama's Council of Economic Advisers, to resign
http://www.thedailybeast.com/big-fat-story/2010-08-06/christina-romer-and-the-trouble-on-the-us-economic-team/
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Bob Rubin – Obama Financial Wizzard, Clinton Treasury Secretary, recent Guru at Collapsed-CitiGroup – apparently he has disappeared
http://roanokeslant.blogspot.com/2008/08/clintons-treasury-secretary.html
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The blog item on Obama’s State of the Union speech is more valid now than when it was written:
“Twelve months in office with very limited positive accomplishments certainly didn’t stop our Aloft Arrogant Professor Obama from getting up in front of his lowly ignorant students and giving yet another lecture about the joys of socialism, big government, big taxes and big debt.
If you listened carefully you could hear the old civil war song playing in the background:
Neck Deep in the Big Muddy and the Big Fool Says Push-ON.
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One might think that at some point in the speech Obama would turn to his wife and say:
Gee Michelle, I’ve a feeling we’re not at Yale anymore!”
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http://roanokeslant.blogspot.com/2010/01/professor-obama-gives-yet-another.html
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Some Prior Items Along The Road to Our Economic Train Wreck:
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Obama Uses Tax Laws to Stroke Class Warfare
http://roanokeslant.blogspot.com/2010/09/obama-hawking-class-and-race-warfare.html
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Obama Doubles-Down With Your Money Again
http://roanokeslant.blogspot.com/2010/09/obama-doubles-down-with-your-money.html
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Yet Another Obama Lecture
http://roanokeslant.blogspot.com/2010/01/professor-obama-gives-yet-another.html
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Obama Insulting Our Economic Intelligence Again
http://roanokeslant.blogspot.com/2010/09/obama-insulting-our-intelligence-again.html
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Obama Economics
http://roanokeslant.blogspot.com/2009/02/obama-economics.html
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Picking Quality Economic Advisors
http://roanokeslant.blogspot.com/2008/11/picking-quality-economic-advisors.html
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