Obama W. Paulson

Related: Obama's Rangers

Get USED to this kind of MANIPULATION, and AGENDA-PUSHING, AmeriKa! He's IN ON IT!!!!

There will be NO CHANGE, only NICE TALK!!!!

"Obama: Catastrophe Coming If Stimulus Not Passed

President Obama said Wednesday the recession will turn into "a catastrophe" if the economic stimulus is not passed quickly, lobbying anew for the plan as its price tag climbed above $900 billion and drew more criticism.

"Fool me once ..."

This is the same crap we heard last September when the TARP bailout was ramrodded through Congress. Then in October, three top economists at the Minneapolis Federal Reserve blew the whistle that there had been no crisis at hand.

So Barack "Change you can believe in" Obama is basically playing the same damned trick all over again and thinks we are too stupid to realize it!" -- Wake the Flock Up

"Relinked in light of Obama trying to pull the same stunt on us all again!" -- Wake the Flock Up

Follow the Money

One reason things didn’t fall apart when Congress didn’t immediately act as Paulson and Bernanke demanded, may be that there wasn’t any danger of a meltdown in the first place. So say three senior economists working at the Federal Reserve Bank of Minneapolis, who in October examined the Fed’s own data, and concluded in an article titled Facts and Myths About the Financial Crisis of 2008 that the claims that interbank lending and commercial lending had seized up were simply not true. “Bank lending to consumers and to non-financial companies had not ceased, and banks were lending to each other at record levels,” says V.V. Charri, an economist at the Minneapolis Fed.