The Bottom May Be About To Fall Out

[Mike]

Economy edges closer to stalling, government says
AP/YahooNews ^ | 8/27/10 | CHRISTOPHER S. RUGABER


The economy turns out to be weaker than we thought, and the outlook for the rest of the year is now looking dimmer.

New figures issued Friday show the economy struggled this spring, growing at a meager 1.6 percent annual pace. The initial estimate was 2.4 percent, and even that was anemic. Analysts say the summer should be disappointing, too.

Shortly after the government's revision, Federal Reserve chief Ben Bernanke said the Fed was ready to take additional steps to prevent a second recession, if the economy deteriorates further. But he stopped short of promising any action.

Thanks Buckwheat, Nancy, Harry, the rest of the Dems and some RINO's...............

 

[Anonymous]

Mike,

why do you have to say such stupid things?

how is this Buckwheat's fault? what is the problem in your opinion? I am sure you can enlighten me on how this is Barrys fault.

Also, please advise how this is not Bush's fault too?

What role did the Federal Reserve play in this? What about derivatives?

I am sure you have this figured out so lets hear it.

 

[commonsense]

800 billion just don't get you much these days.

 

[Mike]

Mike,

why do you have to say such stupid things?

how is this Buckwheat's fault? what is the problem in your opinion? I am sure you can enlighten me on how this is Barrys fault.

Also, please advise how this is not Bush's fault too?

What role did the Federal Reserve play in this? What about derivatives?

I am sure you have this figured out so lets hear it.

Better yet, Einstein................tell me why Buckwheat, the Dems, an Rino's SHOULDN'T be held responsible. Sure, the Bush's had a hand in it just as Clinton did. But since the 2006 election, look how much money has been wasted. ..................

We might be past the point of no return................

 

[Sandhusker]

800 billion just don't get you much these days.

:lol: :lol: :lol:

 

[Mike]

800 billion just don't get you much these days.

:lol: :lol: :lol:

$800 BILLION will only pay the interest on our debt for the year. Or fund the entire defense dept.

The Fed is currently printing bogus money for that as we speak.

If this continues, our money won't be worth the cost of the paper it's printed on.

 

[Larrry]

800 billion just don't get you much these days.

:lol: :lol: :lol:

$800 BILLION will only pay the interest on our debt for the year. Or fund the entire defense dept.

The Fed is currently printing bogus money for that as we speak.

If this continues, our money won't be worth the cost of the paper it's printed on.

Don't sweat it is just CHUMP CHIMP CHANGE