On 09/06/2011 01:44 PM, Yifu wrote: > No. Keynesian programs are the kiss of death. Utopian Socialism is unproven > and could only work with "enlightened" planners at the top. (hasn't happened > yet in history). Could work for small-scale groups such as the "Friends" > (Quakers). Mormons would have an advantage should there be a complete > meltdown of society. Groups of Evangelicals would likewise band together to > ward off evil "Road Warriors". > > http://i2.listal.com/image/226218/600full-kiss-of-death-poster.jpg > > > From Weiss Research's Safe Money Report, Sept 2011: > > "Get Ready for Dow 7,000! > > ** Economy closing in on recession...again! > ** Fed, Congress, Obama out of magic bullets! > ** Europe in crisis, banks falling apart! > ** Real estate double-dipping!" > > Editor Mike Larson's conclusion: "The US economy is sinking into a double-dip > recession"; but he blames the mess on Keynesian economic programs of Obama: > "If you listened to the so-called experts just a few months ago, you'd have > expected the US to be in the midst of a vigorous recovery by now. But those > "experts" were dead wrong." > > "They didn't realize that the recovery was entirely bought and paid for by > government stimulus and bailouts - artificial props that could not be > sustained". > > "Key financial Indicators flashing Red - just like in 2008-2009"
The economic destruction of the United State began with Reaganomics back in the 1980s. To blame it on a US President who has been in office 2 1/2 years is totally absurd. The Bush administration with their unpaid for tax cuts for the rich and their expensive wars did left the economy in shambles by the time Obama took office. And Republicans are running clown candidates because they don't want their mess dropped back in their laps in 2012. Capitalism run amok is the monster.
