ALL ABOUT EVE (1950)--"Fasten your seat belts. It's going to be a bumpy night!" Bette Davis couldn't have said it better about our current Obama train wreck.
Listening to the recent White House press conferences, Obama proves he has not taken a Business 101 Basics course. Obama was highly critical while calling on the banks to loan more money to get the jobs created to jump-start the economy to grow. The bankers retorted back, "But, no one is presently asking for any loans."
What Obama dismisses, as a radical socialist, is the business basics rule that companies do not borrow money to hire employees or to push for expansion in a down economy with no significant consumer demand and the pending uncertainty of looming Federal Big Government regulations and taxes.
Obama needs no criticism from anyone, he is failing by his own measure. Just when Obama said his TARP money created jobs, Robert Gibbs, his spokeshole, now states that a 9.5% unemployment rate will linger throughout all of 2010. Obama's Federal spending programs portend our future, an upcoming big "double dip" depression cycle with big Federal Government regulations and higher taxes.
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