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Message: Re: Bush, Obama, Bush, Obama, any difference...

Hi MajorD, it may not just be the physical resemblance as some are beginning to think Obama also sounds like George W...

Regards - VHF

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President Bush Still In Office

Karl Denninger

February 5, 2009

From RTT:

"(RTTNews) - President Barack Obama warned Thursday that the nation is facing a recession so deep that, without action, it could turn into one that "we may not be able to reverse." The threat of an irreversible recession that could "linger for years" is very real, Obama said, urging Congress to pass his economic recovery act."

"Do what I demand or the entire nation is irretrievably screwed."

How long will it be before you threaten Congress with Martial Law - you know, tanks, rifles, shooting civilians?

I thought that sort of crap left office on January 20th with Paulson and Bush.

Where's my CHANGE Barack?

Your credibility with the American People is GONE; the non-partisan CBO says your "stimulus" is nothing more than a pork-filled sop to Pelosi and Reid and will actually DAMAGE GDP; your claims otherwise are lies.

Change your last name to "Bush-Hoover-Nixon"; that's not what America voted for (myself included) but it sure as hell is what we got.

Short the market at will and head to the store for another rifle to protect your family - we'll be lucky if a Treasury market implosion, tax revolt or worse doesn't take place before our "President of Change" has the opportunity to stand for a second term. In fact if this sort of horsecrap keeps up out of DC I give the markets about two weeks before critical support levels are lost and we have an all-on crash.

Your Presidency is

and it only took you two weeks to do it.

That has to be a record; how long before you do this Barack?

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Not many people thought that running the country was going to be an easy job for President Obama, and based on the Dow's returns since election day, the market doesn't think so either. Below we highlight the performance of the Dow this many days past election day for all Presidential elections since 1900. As shown, the Dow's decline of 17.78% since Obama's election 93 days ago is the index's biggest drop following any election in the last 108 years. And this is with PPT support!



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Feb 06, 2009 04:26AM
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