Economic Double Dip – Or Double Tap?

Mac Slavo
June 3rd, 2011
SHTFplan.com
35 Comments

From the very beginning, mainstream media and government officials have down-played the economic crisis. In 2007, when the crisis started in the midst of the Presidential election, John McCain and other republicans actually refused to talk about it. It was not until the banking and mortgage crisis became apparent in late 2008 that McCain called for a suspension of his Presidential campaign so that he and then candidate Obama could return to Washington to save the American economy. A crisis that had taken many years and tens of trillions of dollars in leverage to create would be resolved, if you believed Congress, within a matter of a couple weeks through the passage of an $800 billion dollar “bailout.â€