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Washington Post: " Think THIS Economy is bad? Wait 'til 2012"

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That's not a very comforting article...

The "Great Recession" will eventually be recognized for what it is. Great Depression II... a major economic shift in the American economy.
 
Somehow, I came across that same article a day or three ago.
Things do seem to be going downhill, especially in the political arena.
Does Obama actually think QE2, etc., is going to go down smooth with the Group of 20 next week??
Has he been studying mass hypnotism and mind control?
Then there is Ms. Pelosi, who still wants to lead the Dems, and won't take the weight for her "You've got to pass it to find out what's in it" policy.
I shudder to think what the f'n lame ducks might try and push on us between now and New Years day.
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Does Obama actually think QE2, etc., is going to go down smooth with the Group of 20 next week??

It would be a lot of fun to be a fly on the wall during those meetings.

Remember when the federal government used to run deficits in the range of $100-300 Billion? (just a few years ago).

Those were shocking numbers to many, but as it turns out, that kind of added debt every year was semi-servicable, at least for a period of years. But now that they are forecasting annual deficits of $1 Trillion or more for the next ten years or so, if there is anyone in Washington D.C. that thinks that the government can pull that off without causing a worldwide financial crisis, (or worse - like a World War), then they need to have their head examined.
 
we've got to take control away from the controllers or get used to carrying around a jar of Vaseline to ease the pain...:blush:

That's quite the mental picture right there. Ouchy!
 
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