Thread: US Economic Crisis. Analysts are preaching gloom and doom

US Economic Crisis. Analysts are preaching gloom and doom
Carter Redux


by Eric Walberg
Global Research, January 28, 2009



Even before the euphoria evaporates, analysts are preaching gloom and doom for Obama on the home front.

The easy part is over. A flourish of executive orders closing Guantanamo, dismantling much of president George W Bush’s architecture for the “war on terrorâ€

Both Carter and Obama were swept into the White House from nowhere, promising to restore American ideals, pursue alternative energy, support education, help the common man. More to the point, like Carter, Obama was chosen by the ruling economic elite as a pretty face to keep that common man happy despite the economic mess that his predecessors left behind. David Rockefeller met Carter in the mid-1970s and invited him to join the Trilateral Commission. He then went from obscurity to president almost overnight. Obama was discovered by Rockefeller’s protege Zbigniew Brzezinski, invited to join the Council for Foreign Relations, and experienced an equally miraculous climb to the top. His (and Hillary’s) meeting with the Bilderberg Group in June, during the height of the primaries, is well known.

I'm alway blaming Zbigniew Brzezinski for our lousy government and the New World Order.
Just this morning I wrote to MSNBC to tell his daughter Mika, how I though he ruined MY country!

Fascinating article.

We sure haven't seen the bottom of all this yet.

Actually, they were predicting his failure before he was president. Here is a humor column about that:

The failed Obama presidency

By Ed Quillen
Posted: 01/20/2009 12:30:00 AM MST


The phone rang early, before I'd even started the coffee, so I was a bit grumpy at first when I got the call from my favorite inside source, Ananias Ziegler, media relations director for the Committee That Really Runs America.

"Some media-elite type you are," he began, "being such a slug-a-bed during business hours."

"Wait a minute," I protested. "It's not even 8 o'clock here. We're on Mountain Time."

"Lamest excuse I've ever heard," Ziegler said. "If there really was such a thing as Mountain Time, they'd mention it on TV, and they never do. Real time zones — Eastern, Central, Pacific — we hear about them. But never Mountain. You're nowhere."

I interrupted him. "Surely you didn't call at sunrise just to berate my time zone."

"You're right," he conceded. "I wanted to make sure you were getting the right spin on the failed presidency of Barack Obama."

"He's already failed?" I asked.

"Look at his Cabinet appointments. Bill Richardson had to pull out of Commerce on account of an investigation. Then there's Tim Geithner at Treasury, in big trouble over some income taxes he failed to pay. And let's not forget the mess with his home-state governor, Rod Blagojevich, who's been impeached and faces trial."

"That doesn't look good," I agreed.

Before I could say more, Ziegler jumped in. "Obama has really messed things up. Look at the economy since the election. The unemployment rate rose from 6.8 percent to 7.2 percent just in December, with 524,000 jobs lost. That's change, all right, but change you don't want to have to believe in."

Ziegler had more to say. "And look at these failed efforts to improve the economy. Something like $350 billion at first for the Troubled Asset Relief Program, and people are still losing their homes and people can't borrow money for new cars, which means Detroit comes begging. The whole structure of free enterprise is at risk of being replaced by some bizarre form of socialism while the national debt keeps right on growing. It's more than obvious that things have been going downhill fast." He paused. "Are you getting this?"

"I'm scribbling notes as fast as I can," I replied, and he kept going.

"He ran on health care," Ziegler continued, "and yet there are about 50 million Americans who don't have coverage, and the number is climbing on account of job losses. How's that any improvement?"

"Clearly, it isn't," I said as he gathered breath for more.

"Now look at foreign affairs. I'll grant you that Iraq has been rather quiet of late, though we can never be sure it will stay that way. But we may be losing Afghanistan, since the Taliban seems to be making a comeback. And we could have some serious problems with Pakistan, and remember, it's a nuclear power."

"I know that," I said, and finally I was able to get a few more words in. "Ziegler, aren't you forgetting one thing?"

"Oh, I can tell you plenty more," he said.

"I'm sure you could," I agreed. "But you seem to be forgetting that Obama hasn't even been sworn in yet."

"Details, details," Ziegler sighed. "You're forgetting that, for the Committee, the important thing is to get him branded as a failure before he takes office, so our job will be easier in the future."

And with that, he hung up before I could ask more about the Committee's plans for the next four years.

http://www.denverpost.com/search/ci_11493317