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03-23-09, 02:42 PM
|  | Founding Member | | Join Date: July 2001 Location: Des Moines, Ia
Posts: 383
| | | Obama Just Created the Depression of 2009 Story here Quote:
Now I’m really Scared For America.
Obama just put the nail in the economic coffin of the United States. He did it with sleight of hand once again using the big news of the day (AIG bonus ‘crisis) to hide his real move which was to absolutely 100% destroy the economy of the United States. This is that serious.
Watch This Video and Tell Everyone NOW
Watch this video now with Glen Beck. Your life literally depends on this as now it is mere months not years before Obama must outlaw guns and the Bill of Rights. In so doing he will plunge America into a real Revolution. You can read about the news on page 20 in your newspaper, or hidden where the sun doesn’t shine.
We are about to see massive inflation and I am so scared that this is not funny. Even Obama supporters can’t be so blind as to not see what he is doing? Surely even they can see that this path to marxism will not be a pretty one. Watch this and prepare.
We have been betrayed by the media. They put life altering and nation altering news on page 20, hiding the truth of what was just done to our nation.
Depression Here We Come
I guarantee you we will now be descending more and more into the abyss of socialism and marxism. On March 19, 2009 Obama had the Treasury Invest 1 trillion dollars that we do not have. The fed created this out of thin air in an imitation of Germany in the 1920s and 30s.
ALERT : Price of Gold up $80 almost immediately, everyone is abandoning he dollar and we are about to be slammed like a third world nation. This is so damned serious that I am ashamed that the media is not saying anything! They have it buried for the most part.
We are in trouble, Obama is doing it on purpose
My God America In just 3 months Obama has managed to increase deficits by many trillions.
He also has managed to now be the cause of unthinkable inflation over the coming weeks. That’s right, weeks, not months and years. Weeks! Your money is about to become worthless, even in a bank and visions of wheel-barrels of money the Germans had to bring to buy a loaf of bread, echo in 2009.
Why is he doing this?
My friends everything written in the following article is coming true. Everything in it is 100% factual so please read, invest some time in checking the links, knowing what Obama is doing is the best defense.
| American Thinker Blog: Geithner plan for banks leaked - a trillion more down the toilet Michelle Malkin Obama’s worse joke — and insult to American taxpayers’ intelligence | 
03-23-09, 02:56 PM
|  | the HIV ct | | Join Date: June 2006 Location: Previously from Dirty Jerzey exit 7a
Posts: 910
| | Quote: |
I guarantee you we will now be descending more and more into the abyss of socialism and marxism. On March 19, 2009 Obama had the Treasury Invest 1 trillion dollars that we do not have. The fed created this out of thin air in an imitation of Germany in the 1920s and 30s.
| More wealth to spread around  | 
03-23-09, 04:17 PM
|  | The Highlander | | Join Date: April 2002 Location: Waterloo, Ontario
Posts: 1,688
| | | | 
03-23-09, 04:45 PM
|  | Official Member | | Join Date: April 2003 Location: Rochester, NY
Posts: 216
| |
This is scarier than Y2K  | 
03-23-09, 05:58 PM
|  | Thanks to Tim, I get off pretty easy. | | Join Date: February 2001 Location: Houston, TX
Posts: 1,606
| |
On paper (NYSE), I banked today!
But yah, we're going to be paying for this for a while. | 
03-23-09, 06:53 PM
|  | Founding Member | | Join Date: April 2002 Location: MAINE
Posts: 11,536
| |
America is going to get screwed right up the rear. Hope all of you morons that voted for him sit back and realize what you have contriubited to | 
03-23-09, 07:04 PM
|  | Official Member | | Join Date: October 2003 Location: Northwest, FL
Posts: 930
| | Buy it.
Learn it.
Be prepared to use it.  | 
03-23-09, 07:16 PM
|  | Founding Member | | Join Date: September 2002 Location: West Chester, PA
Posts: 639
| | Quote:
Originally Posted by Jinx102672 Buy it.
Learn it.
Be prepared to use it.
| Rosetta stone sucks  | 
03-24-09, 10:56 AM
|  | Founding Member | | Join Date: April 2002 Location: tucson,az/luray,va
Posts: 3,598
| |
as i have said before, obama is doing his best to make everyone equally poor.
obama is a die hard print, tax, and spend socialist. | 
03-24-09, 04:23 PM
|  | Official Member | | Join Date: July 2003 Location: Lubbock Tx
Posts: 1,266
| | Dow Surges 497.48 Points; Can the Rally Keep Going? Quote:
The rally sparked by the Treasury Department's new plan to remove toxic assets from banks' balance sheets sent stocks to their highest levels in more than a month, leaving questions about whether the gains can last.
The Dow Jones Industrial Average leapt 497.48 points, or 6.8%, to 7775.86, its highest close since Feb. 13 and the biggest percentage gain since last October. The Dow is up nearly 19% from its 12-year closing low just two weeks ago.
| Dow Leaps on Toxic-Assets Plan - WSJ.com Bank Plan May Help, Even If It Doesn't Work Quote:
Treasury Secretary Timothy Geithner's latest plan to rescue U.S. banks has been widely welcomed by the markets as a potential savior of the global financial system. They may be right -- but not for the reasons they suppose.
To be successful, banks and potential investors need to agree on a price for toxic assets. That's a tall order. Banks that haven't marked their exposures to market won't want to sell assets at prices that would force them to take big losses. And banks that have marked their exposures to market aren't likely to want to sell either - particularly if they believe the assets are performing well and likely to show future gains.
| Bank Plan May Help, Even If It Doesn't Work - WSJ.com
Last edited by jikelly; 03-24-09 at 04:27 PM.
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