Top Economic Adviser: ‘Of Course’ Recession Isn’t Over

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Politico: Asked by moderator David Gregory if the recession were over, [White House economic adviser Christina] Romer shot back: "Of course not. For the people on Main Street and throughout this country, they are still suffering, the unemployment rate is still 10 percent." However, on 'This Week' Sunday morning, Lawrence Summers, director of the National Economic Council, said, "Today, everybody agrees that the recession is over, and the question is what the pace of the expansion is going to be." (See "Related Videos" below for a link to the video.)

December 13, 2009 at 10:37 am - Meet the Press
Dateline: Washington DC
SteveZ71   December 13th, 2009 - 10:51 am

This top Kool-aid advisor says “NO it’s not over” and the other one says “YES it’s over”. Typical coming from this administration, none of them have a clue and know what the he11 they are doing!! How pathetic!!!

[...] This post was mentioned on Twitter by The B-Cast, Right. Right said: {breitbart} Top Economic Adviser: ‘Of Course’ Recession Isn’t Over http://bit.ly/5AyQNR [...]

4arepublic   December 13th, 2009 - 10:59 am

Which WH idiot is correct? Dr. R or Larry the Slummer?

Bill   December 13th, 2009 - 11:00 am

The recession will end when obama is no longer president.

Travis   December 13th, 2009 - 11:15 am

The recession will end in 2012, along with the rest of the world.

Lady liberty   December 13th, 2009 - 11:17 am

what was her previous job…waitress?

Lady liberty   December 13th, 2009 - 11:36 am

It’s Up Time America! http://www.youtube.com/watch?v=OtQ6km5VpW8&feature=player_embedded

James K   December 13th, 2009 - 12:06 pm

“Get the people who want to work back to work”

And if you don’t won’t to work, the government will force taxpayers to pay for everything you need.

DA BEARRRS   December 13th, 2009 - 12:07 pm

Ask if Paul Samuelson is dead and see if we get a consistent answer. My guess is, they will say “who?”.
This government is Armature Hour, and a pathetic one.

Time to toss mob boss Obama out of office   December 13th, 2009 - 12:57 pm

This is ridiculous and Obama needs to be tossed out of office, contrary to what Bill O’Reilly says. You have Communist Larry Summers saying “the recession is over”, you have mostly realistic Christina Romer (who is actually a really good economist) saying it isn’t over. Knowing the as* Larry Summers, I’ll take Romer’s word ANYDAY. We are actually headed for alot worse economic times and Obama needs to be rolled out of office.

Every Sunday, a new Circus clown shows up   December 13th, 2009 - 12:58 pm

Ever notice that EVERY dam Sunday a new circus act rolls out of the White House? My God, we’ve heard this same garbage for 11 months now!

demdicks   December 13th, 2009 - 1:45 pm

Not only is the economy getting worse I also predict O’Reilly’s ratings are going to start tanking because he kisses up to the anointed one too much so he looks “fair and balanced”. If he’s a commie marxist there’s no reason to go easy on him.

SWIMZ   December 13th, 2009 - 1:53 pm

Usually fat cows tend to be smart out of survival. This one however is a real tool.

Tyler   December 13th, 2009 - 2:26 pm

The Obama syndicate is truly struggling with this one: “its over!” – “It’s not over!” – “its over!” – “It’s not over!” They want it obe over for political gain – to show us that they accomplished something that “Bush caused.” But they don’t want it to be over, because people’s dependence on the government will falter.

Mark   December 13th, 2009 - 5:29 pm

Why believe anything a Socialist/Marxist tells you? They have control of our country! Do you get it yet? What is OVER is the free country known as America…..Stupid Sheeple!!!

Eileen for Freedom/Liberty   December 13th, 2009 - 5:39 pm

America…we cannot ever believe anything that comes out of the mouths of any of the ‘mentally unstable’ Democratzi in the government and/or that post comments on the web!

They are supreme liars! The right hand doesn’t know what the left hand is doing…that is how dirty they play! Can’t even believe each other to tell the truth!

They are playing the shell game with us. They will tell us anything that they want us to believe…not what “is…is”!

No more “public option”…try now replacing a “government run” to “public option” to “medicare of choice” and on and on and on!

There is still a public option, but they are hiding the truths under the shells of their empty politicial lives!

America…why is it when an American citizen prints money…it is called “conterfeiting”!

When the government prints money, to cover what it doesn’t have, it is called economic relief!

THEY ARE LIARS…AND WE DO NOT WANT OUR GOVERNMENT TO BE MADE UP OF LIARS…ENOUGH IS ENOUGH…THEY ARE GOING HOME!

————————

THE REVOLUTION OF THE SILENT MAJORITY!

1. GETTING INFORMED
2. GETTING INVOLVED
3. GETTING OUT THE VOTE

WE WILL REMOVE THE ‘MENTALLY UNSTABLE’ DEMOCRATZI STARTING WITH NEW JERSEY AND VIRGINIA IN 2009, INTO 2010 AND BEYOND…GUARANTEED!

IMPEACHMENT OR THE ‘ORIGINAL’ KENYAN BIRTH CERTIFICATE…IT IS JUST A MATTER OF TIME!

Eileen for Freedom/Liberty   December 13th, 2009 - 5:42 pm

Dear demdicks at 1:45 pm…I totally agree about O’Reilly…the boot licking of the ‘mentally disabled’ Democratzi is disgusting!

Just this week I heard him say about the speech given by Bilderberg Bush-Obama at the phony award show overseas…that some “conservatives” have a problem with what he said!

Now why didn’t he say…”americans” instead of conservatives?

Does that not give a different picture of what “is…is”?

He needs to stop…I watch something else when his show comes on most of the time and I suggest that others do the same…if you feel the same!

———————

THE REVOLUTION OF THE SILENT MAJORITY!

1. GETTING INFORMED
2. GETTING INVOLVED
3. GETTING OUT THE VOTE

WE WILL REMOVE THE ‘MENTALLY UNSTABLE’ DEMOCRATZI STARTING WITH NEW JERSEY AND VIRGINIA IN 2009, INTO 2010 AND BEYOND…GUARANTEED!

IMPEACHMENT OR THE ‘ORIGINAL’ KENYAN BIRTH CERTIFICATE…IT IS JUST A MATTER OF TIME!

Donald Duck   December 13th, 2009 - 5:53 pm

You gotta love the Jackass Party. Are they not beautiful?? Obama is the smartest president, ever, and his advisors are the smartest, ever, and his czars are the smartest, ever, and his cabinet is the smartest, ever,……..

William F; Buckley, Jr. was right when he said that he would rather be governed by the first 200 names in the Boston phone book than the faculty from Harvard. We got all those Hahvard people trying to do university stuff in the real world and IT AIN’T WORKING!!!

So let me get this straight, Bush was stupid when he had unemeployment around 4.5% and had the greatest cash flow to the treasury in history, but Fauxbama is smart at 10.2 % unemployment and the treasury is starving for cash.

Hey America, we need to take this country back from those loons who have been voted into power in DC. PUT THE PRESSURE ON THEM AND KEEP IT ON THEM!!!

whatisthisbeast?   December 13th, 2009 - 5:56 pm

is this thing a pre-op?

they’re all just reading communist teleprompters with the complicit media pretending to do its job.

Kingston53   December 13th, 2009 - 6:07 pm

This “The Recession Is Over” will be Obamass “Mission Accomplished”. How are they going to explain the continuing economic decline after the Christmass retail sales numbers hit the fan.

Gunslinger   December 13th, 2009 - 6:25 pm

OUT with each and every one of the lying, criminal scumbags.

Joe doakes   December 13th, 2009 - 6:26 pm

When the pinko commies cant agree we have trouble. When you’ve got pinko commie president what do you expect.

Kevin   December 13th, 2009 - 6:37 pm

Do not believe one word coming out of the mouths of a politician, NOT ONE. Keep on stocking up on food, water, and fuel. Make sure you have what it takes to protect it, as well. If you fail to do this, you, and your loved ones will suffer.

Our government is currently acting on what they perceive to be, a CONTROLLED collapse of the American economy. They know the game is over, and are raising the debt ceiling to continue constructing the last of the tools needed for continuity of government, and whatever sick little plans they have. They could care less about the common man, his wife, and children. If they did, they would not be setting up the infrastructure (laws/regulations) to control the masses, once all hell breaks loose. AND IT WILL.

kathie   December 13th, 2009 - 7:18 pm

Thank God there are some thinking Americans left!!

oneconservative   December 13th, 2009 - 7:36 pm

It’ll be over when the American people vote obama and every incumbant out of office!!!!!

Cohie   December 13th, 2009 - 7:40 pm

If Obama wanted to turn this mess around, he would start by stopping all federal spending and cut All taxes across the board. These two simple steps would turn us around and people would be back to work! But Obama is not going to do that because he needs America to fail so he can “fundamentally transform” this country. God help us!

larry   December 13th, 2009 - 7:41 pm

OBAMA is Muslim!!

O'Reilly   December 13th, 2009 - 7:41 pm

Eileen For Fredom/Liberty:
Well said about O’Reilly, Eileen; I do precisely what you do–I turn him off. I’d wish others would as well. But what might be somewhat more intersting in my case is the fact that my name is also O’Reilly. Needless to say, for many years I tried to “cultivate a taste” for this pretend-conservative, but at some point I simply gave up and turned him off. He stands for nothing–I’m sure he’d make a good politician. Not only does he consitently denigrate our Constitution, he regularly denigrates the Catholic Church of which he professes to belong to and follow– all for the sake of being “fair and balanced”.

John Galt   December 13th, 2009 - 7:44 pm

Stop watching Oreally. He is another shill for Obama, the fix is in with him. Watch him attack Beck every time he has him on his show. Oreally knows who has the butter for his bread, and it’s the Kenyan dude. You know he was purchased and paid for when he said the march on Washington was 70K people. He said it, night after night. That is when I cut him off. Bought and paid for.

As far as this Obama stooge Romer, or Summers for that matter, you get more truth out of a Stalinist show trial than those two on the Sunday rounds.

martixusf   December 13th, 2009 - 7:46 pm

Perfect! Summer v. Romer. One of them will be correct and Obama will take all the credit for getting it “right.” My money is on Christina Romer. Larry Summer is the one who prevailed upon Harvard University to keep its Foundation’s money in the stock market and then the bottom fell out. He is Arrogant, with a Capital A – just like the man he works for!

Dave   December 13th, 2009 - 8:00 pm

My favorite part of this interview is when Christina Romer was asked what she would consider “normal” unemployment levels, and she COULD NOT GIVE AN ANSWER. God forbid she actually be held to a number that might be used later to determine whether our economy was operating well. I went to Berkeley and actually took an Econ 1 class with Romer and she was great. But every since she went to work for this administration, she lost about 50 IQ points and now can’t answer a single straightforward question. She’s pathetic.

Lori   December 13th, 2009 - 8:01 pm

Well, for doctors, on January 2nd we’ll all be taking a 21 percent reimbursement cut in medicare patients. That trickles down to every nurse, tech, clerk, and hospital that you have access to. And a specialist will no longer be considered as such, so in oh, five years, you can get in line for your heart doctor, kidney doctor, diabetes doctor, surgery specialist…cuz, ain’t no reason to stay in school an extra three, five or seven years. And with Obamacare I predict in ten years you can start booking your doctor visits in Mexico because no one in their right mind will invest ten years of their life plus 200 grand in student loans to be a govt droid and check boxes all in the name of “health care”. Help me 2012, you are my only hope.

tkdbh   December 13th, 2009 - 8:08 pm

Just what you would expect from the college professor types who inhabit this administration. We worship college professor types in this society. When you have actual experience with 90% of them, you find that they are people who were good students who instinctively know that they don’t have what it takes to perform outside the school bubble. They stay forever, reinforcing each others beliefs. This time as they achieved enough critical mass to get one of their own in the White House.

Just like in a car crash, I am waiting for the noise and impacts to stop.

markl   December 13th, 2009 - 8:11 pm

ORGANIZED CHAOS. You think this isn’t intentional? Look deeper.

big dog   December 13th, 2009 - 8:14 pm

When you have 49 % of the population not paying taxes, what do you expect. This country has been Dumb Downed to the point that everyone is looking for the next hand out…

dom 27   December 13th, 2009 - 8:16 pm

WHERE IN THE HELL ARE THE DOWN TO EARTH, STRAIGHT PURE DEMOCRATS,
COUNTRY CARING, ANTI-COMMUNIST,SOCIALIST,LEFTIST,LIBERAL,AND I REALLY MEAN
THE TRUMAN AND KENNEDY,AND THE ROOSEVELT DEMOS….HOW CAN THEY STAND BY AND SEE THE COUNTRY GOING FORTH INTO THE SOCIETY OF SOCIALISM, MUSLIMISM AND ISLAMICISM. ARE THEY GOING TO ALLOW THIS GUY WHO WAS MADE INTO A MAKE BELIEVE MESSIAH AND TRAINED TO READ A TELEPROMPTER INSIDE AND OUT TO DRIVE THIS GREAT UNBELIEVABLE COUNTRY TO FALL INTO THE HANDS OF SUCH COMMIES LIKE SOROS,BUFFETT,THE U.N.,ROCKAFELLERS,MUSLIM LOVING AMERICA HATERS HEADED BY
THE SAUDIS, CHINA,IRAN,INDONESIA,ET. YOU DEMOS CAN’T POSSIBLY BE THAT STUPID TO FALL FOR THAT CRAP THEY ARE SPEWING…17,000,000 PEOPLE OUT OF
WORK. WOW. !!!!!!!!” THEY SAY 10% IT’S MORE LIKE 15%…..

RightStuff   December 13th, 2009 - 8:36 pm

This administration is the most ham-handed I’ve ever seen. They don’t know which end is up. I can hardly wait until 2010 to see if any other Americans have noticed how incompetent these leftists are.

I wouldn't call Romer stupid   December 13th, 2009 - 8:48 pm

Christina Romer will be thrown under the bus for setting the Communist Larry Summers straight by speaking the truth. I actually like Christina Romer and I’m sure she’ll be held over in the Republican Administration that takes command in January, 2013, or sooner, whether or not Bill O’Reilly approves. Hey Bill, hows that 2% “deficit tax” you propose workin’ out for ya?

Over 1.2 million attended the Washington Tea Party   December 13th, 2009 - 8:52 pm

John Gault, EXCELLENT point! Yes, I also remember Bill O’Reilly saying only 70,000 people attended the Tea Party march on Washington. And I’m pissed that the Parks Service, controlled by Obunga, hasn’t released the official numbers. Well, we did our own count and over 1.2 million marchers attended the Washington Tea party rally.

Constitutionalguy   December 13th, 2009 - 9:45 pm

Keep your powder dry……..

Jon   December 13th, 2009 - 9:47 pm

Sounds to me that the WH has set themselves up so that no matter what happens, they can say “We were right!” And sadly, many in the country will lap it up. Afterall, why would the first black president lie?

flowerchild   December 13th, 2009 - 9:53 pm

C’mon Romer. Most everyone knows you have the most economic credibility out of the whole sorry bunch. I know he’s your boss, but why sacrifice your credibility and common sense with this crew. It’s becoming sad.

Don   December 13th, 2009 - 9:57 pm

To put it as simply as I can. This nation is being run by a bunch of incompetent Liberal fools. Period.

flowerchild   December 13th, 2009 - 10:05 pm

It’s reeeeaaaallll easy to get your deficts under without creating jobs…. STOP SPENDING MONEY!!! CUT THE FEDERAL BUDGET!!!

Who knows if you start doing that, we might be able to keep our AAA rating and those jobs will start to come back.

GETBENDT   December 13th, 2009 - 10:35 pm

DUMB AND DUMBER

Dr T   December 13th, 2009 - 10:50 pm

There are two types of voters in our country. Producers, ie those who produce more than they consume and are among the 54% who actually pay income tax and Parasites, who consume more than they produce and are among the 46% who do not pay income tax. Unfortunately, the Parasites are now in charge and are in the process of insuring their continued parasitic existence and enhancing their parasitic existence by voting themselves even more benefits at the expense of those who do pay. The parsites are aided by the politicians of both parties. Almost all current office holders have voted to increase benefits to parasites from the Bush TARP (which McCain scurried back to DC to vote for) to the latest bailouts and stimuli courtesy of Obama. Previous comments are right on target, this will all collapse soon so get your silver, guns, ammo and necessities together and hunker down. In the meantime, anyone who votes for an incumbent of either party is an idiot.

junior   December 13th, 2009 - 11:28 pm

This interview was laughable. Is this the best and brightest we have trying to fix the economy? We’re in a heap of trouble.

WAITRESS SANDWICH 4U   December 13th, 2009 - 11:35 pm

This does not mean you should take your anger out on CHRI$ DODD. Please…DO NOT http://www.DumpChrisDodd.com

Joe Doakes   December 14th, 2009 - 12:02 am

Wach out for the Blago tapes – they will destroy Obama; I should think that selling your old senate seat would fall under the rubric of “high crimes and misdemeanors.” Obama should have taken Garfield’s advice to “Always tell the truth.” If your a politician and think you invincible and invisible your delusional. This is not 1990 any more.

snoris   December 14th, 2009 - 12:08 am

One Administration official says that the recession is over.

Another Administration official says that the recession is NOT over.

A classic case of the left hand not knowing what the other left hand is doing…..

TexasRick   December 14th, 2009 - 12:16 am

Oh thank you so much Mr. President from saving us from the abyss with your wonderful stimulus package, which was supposed to keep unemployment at 8% and the cash for clunkers which didn’t do a damn thing for the environment and benefitted Japanes car makers more than anything. So, if we almost went over the edge at 10.2%, can we safely assume that when the new unemployment figures come out showing the jobless rate well into the mid 10% percent range that we’re now officially over the age? Just how many times are you going to change the suck factor before you admit you’ve taken a problem and turned it into a disaster. Then again, what else would you expect from the liver lipped community organizer/bigot/socialist?

Highlander   December 14th, 2009 - 12:19 am

Lady liberty December 13th, 2009 – 11:17 am
what was her previous job…waitress?

No…..she has never had a real job

Iheartmycountry   December 14th, 2009 - 12:24 am

What are they doing – flipping a coin?

Heads -Recession is Over
Tails – Recession isn’t Over

Are there any grown-ups in this administration?

Jordan   December 14th, 2009 - 12:42 am

Whoa…she has no idea what she is doing. Oh, my, I have less confidence than ever in this Obama administration!

OBAMANATION at NOTRE DAME   December 14th, 2009 - 1:34 am

Refuse participation in adoration of “THE ONE” and say THE ROSARY on Campus = JAIL TIME

http://www.FreeTheND88.org

Darin   December 14th, 2009 - 1:48 am

This smile on this ladies face is out of place as very scary.

Howard Ino   December 14th, 2009 - 1:59 am

Damn fools!

Adrian Vance   December 14th, 2009 - 2:39 am

This is what you get from Affirmative Action: Someone who is not qualified, but arrogant. Knows nothing, but arrogant. Surrounds himself with Communists, Greens, Progressives, Homosexuals and crazy people and then we wonder why nothing works?

We will be damn lucky if we are not invaded before this bad joke is out of office. If a real emergency came up he would not know whether to shit or go blind.

Teddy's SEARCH+RESCUE   December 14th, 2009 - 2:42 am

Pass KennedyCare! DO IT FOR OUR FOUNDER – http://www.FATBOY.cc

MiBu   December 14th, 2009 - 5:23 am

Washington talking points…fill in the blanks to complete the statement.

The consensus is in. The ____________ is settled. All of our top _____________ agree that the _______________ will be ____________ within ________________ if we do/don’t (circle one) pass legislation to ___________________.

She didn’t anticipate the extent of the economy or the results of the “stimulus?” FDR and his Congress did this back in the ’30s and the depression lasted 15 years longer than it should have. These central planners never seem to learn.

Is there a reason that the White House needs a battery of economic advisors? Lawyers? I couldn’t understand this either with the Bush or Clinton administrations.

john smith   December 14th, 2009 - 7:20 am

Yep! Here we are at Christmas time and the Grinch in the White House has finally spent us into
Depression . I await the Hyperinflation to follow . And who does Congress feel like helping???
Themselves of course with a raise in pay to match inflation. What “Pieces of work” has Satan made.

Bill   December 14th, 2009 - 7:36 am

Bush was responsible for this recession, and he’ll be responsible for getting us out of it!

Alan Davis   December 14th, 2009 - 7:49 am

She does the political talking points. “A third of the bailout was income tax cuts that went into effect immediately.” Went into effect is accurate but wasn’t it spread out over the entire year? That’s why it was so small each pay check and people didn’t really notice it.

The 2010 budget shows unemployment of 7.9%. We have already had 10.2% and 10.0% for the first two months. That means we need to aveage 7.5% the next 10 months. Not likely. The maximum 10 Year Treasury is shown as 5.2%. We haven’t had rates that low in a growth period since the 50’s. Likely to be much, much higher.

Isn’t it time they give us a revised budget based on real facts, not wishes?

the Jackal   December 14th, 2009 - 7:50 am

The Usurping, illegal alien, racist, Kenyan terrorist pretending to be our
president just gave himself a B+ for his time as president. In other words, he is
behind sechedule somewhat but the construction of the camps and ovens is progressing
nicely. 2012 please hurry!!

JJ Jetson   December 14th, 2009 - 8:01 am

RECESSION OVER

DEPRESSION JUST STARTING

ChuckyCheese1   December 14th, 2009 - 8:09 am

These guys will need to bail out the toilet paper industry when we’re all using dollar bills instead… but then, what will they bail them out with?

Huuf Arted   December 14th, 2009 - 8:26 am

We are soooooo phucked !

Huuf

Woodman West   December 14th, 2009 - 8:34 am

I voted for the recession being over, right before I voted against it!

Steve   December 14th, 2009 - 8:40 am

Jobs by spring? Yes, Summers is correct. With higher taxes, more regulation, greater union activity, however, the jobs will be created by spring…….in MEXICO.

neocon   December 14th, 2009 - 8:42 am

Let me just say NERO. Those who refuse to learn from history are doomed to repeat it.

carl   December 14th, 2009 - 8:42 am

dem took control 2006 what happen lost jobs;infleation;higher taxes; it time for a real change vote all rep out that have 2 terms we really need new people with coming sence and will listen to the people.

Steve   December 14th, 2009 - 8:46 am

Neocon:

Do you know what the definition of the word “neocon” is? It is a liberal that got mugged by reality. I’m with you buddy.

Bill_a_bob   December 14th, 2009 - 8:56 am

Danny Bonaduce has really let himself go!

Bill_a_bob   December 14th, 2009 - 9:06 am

O’Really is so boxed in now that the only folks that come on his show are the other talking heads from Fox, pollsters and body language “experts” besides Miller. That’s why he has to try and suck up to Obama or it’ll be a lean three more years!

Obamamammajamma   December 14th, 2009 - 9:10 am

I think that this is what democrats mean by choice. If you don’t like one truth, you can choose another one. If neither are true, you can choose a comfortable falsehood. It is, after all, a woman’s right.

dennisl59   December 14th, 2009 - 9:28 am

First proposed in 1966 and named after Columbia University sociologists Richard Andrew Cloward and Frances Fox Piven, the “Cloward-Piven Strategy” seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.

Constitution First   December 14th, 2009 - 9:51 am

Recession Over?

Our over-spending chickens have only begun to roost.

The FED has printed so much currency to cover the spending the only possible outcome HAS to be inflation, money creation 101.

The first wave hits 18 months after creation (with two more hatchlings coming) the first wave arrives this spring and it will be a Silent Spring at this nations cash registers. It is a mathematical certainty.

The Government can no more spend their way out of debt, than you and I can. This is a lie of an addict.

Add to this looming disaster, Socialized Medicine and Cap & Trade (Tax & Steal), and Illegal Alien Amnesty, and this nation is heading for social unrest the likes of which have never been seen in 150 years.

The Marxist Traitor is intentionally tearing this Republic asunder: see: “The Cloward – Piven Strategy”

Bob - No, the other guy   December 14th, 2009 - 9:53 am

Boy, you guys are realy funny!

When is it naptime (and do you get milk and cookies afterwards?)

Ratt   December 14th, 2009 - 10:18 am

None of these Jokers in Obambi’s Admin have had real jobs. They have all been supported by the Gov’t since College. And that was probably paid for with Gov’t funding.

Comon 2010 we can take The Prophet Obambi down.

Constitution First   December 14th, 2009 - 10:31 am

To better understand why this administrations’ current economic course can only lead to economic ruin (and they know this full well), one only has to read a short pamphlet “Modern Money Mechanics” written by the FED (Chicago) for business majors.

For ever dollar created, it carries with it, instant debt, Because each dollar printed is paid for with a treasury bond at some interest (hence the source of the debt).

By expanding the money supply (M1) the existing money is diluted by the amount of “new” money (money is always being printed to replace worn-out bills, we are not counting that).

The more spending the government issues without increasing taxes to pay for it, is “paid for” by diluting what is already out there. It is, in fact, a de-facto tax increase.

It is the spending that will, and is, killing us. Job creation by taxation is, by definition, a temporary job.

Most of those new jobs are in the Government. Will the administration demand tax increases to retain those jobs? I think we all know the answer to that question.

You now must ask: Does the administration not know what they are doing? I offer: that they know full well the depth of the hole they are digging. Why? to create a crisis they can then ride to the rescue to solve; classic Cloward – Piven Strategy.

Get that?

Climate Crisis…

Banking Crisis…

Healthcare Crisis..

Jobs Crisis..

Illegal Alien Crisis..

Rahm Emanual said: “Never let a crisis go to waste”, I add: ” “Even if you have to make that crisis up”

Also, notice every Crisis can only be solved by taking more of your money, your sovereignty your freedoms? Seeing a pattern yet?

The only crisis I see in a Constitutional Crisis. All powers not specifically spelled out in the Constitution as a Federal power, is a State power, period.

Do you see the powers currently wielded taken by the federal government, as Constitution? I don’t.

Our government has been slowly undermining the Constitution for many years, but we are now at that tipping point where if we don’t take back States power, we will have tyranny.

My fellow countrymen; Our time is short.

DixHistory   December 14th, 2009 - 10:35 am

I thought what Dr T said below was worth a re-post.

I’m not so sure that Obama and Congress will allow elections in 2012 and beyond.

Its not a good idea to let a person in office right now that can’t get a handel on the NEW WORLD ORDER.

Dr T December 13th, 2009 – 10:50 pm
There are two types of voters in our country. Producers, ie those who produce more than they consume and are among the 54% who actually pay income tax and Parasites, who consume more than they produce and are among the 46% who do not pay income tax. Unfortunately, the Parasites are now in charge and are in the process of insuring their continued parasitic existence and enhancing their parasitic existence by voting themselves even more benefits at the expense of those who do pay. The parsites are aided by the politicians of both parties. Almost all current office holders have voted to increase benefits to parasites from the Bush TARP (which McCain scurried back to DC to vote for) to the latest bailouts and stimuli courtesy of Obama. Previous comments are right on target, this will all collapse soon so get your silver, guns, ammo and necessities together and hunker down. In the meantime, anyone who votes for an incumbent of either party is an idiot.

Airborne869   December 14th, 2009 - 10:36 am

Make EVERYONE a Government employee…
Then everyone…will have a HIGH paying job…
and cheap health care !!!

Airborne869   December 14th, 2009 - 10:38 am

Make EVERYONE a Government employee…
Then everyone…will have a HIGH paying job…
cheap health care and 90 to 100 percent of salary at retirement !!!

Go_Figure7722   December 14th, 2009 - 10:40 am

After the Jobs Summit, if Obama would only utter “I feel your pain,” all would be better.

m g   December 14th, 2009 - 11:05 am

god forbid that Obama would be advised by people that have competing views on an issue. all of these commenters are right – I don’t think that the president should get a diverse perspective on the economy. instead, he should control his advisors’ viewpoints so that every democrat can sing the party line right along with him. we can’t tolerate him taking advice from two people who disagree on the economy

sounds like you guys really do want a republican back in office…

SEND THE MOOCHERS TO DEBTOR PRISON   December 14th, 2009 - 11:32 am

All the working taxpayers ought to take Mondays and Fridays off, from now until Obama is removed.

Why are the workers working when if they lose their jobs Obama will pay for everything they need.

Why pay your mortgage on time, let it go in arrears for 120 days then renegotiate your loan.

THE WORKERS GOT SCREWED BY OBAMA AND HIS LIBERAL MOOCHERS
THAT REFUSE TO WORK AND REFUSE TO PAY THEIR BILLS.

SEND THE MOOCHERS TO DEBTOR PRISON   December 14th, 2009 - 11:33 am

All the working taxpayers ought to take Mondays and Fridays off, from now until Obama is removed.

Why are the workers working when if they lose their jobs Obama will pay for everything they need.

Why pay your mortg@ge on time, let it go in arrears for 120 days then renegotiate your loan.

THE WORKERS GOT SKREWED BY OBAMA AND HIS LIBERAL MOOCHERS
THAT REFUSE TO WORK AND REFUSE TO PAY THEIR BILLS.

PAY BACK EVERY CENT YOU MOOCHED FROM THE US TAXPAYER   December 14th, 2009 - 11:35 am

DEBTOR PRISON FOR ALL LIBERAL MOOCHERS

DEBTOR PRISON FOR ALL LIBERAL MOOCHERS

DEBTOR PRISON FOR ALL LIBERAL MOOCHERS

DEBTOR PRISON FOR ALL LIBERAL MOOCHERS

let them moochers starve   December 14th, 2009 - 11:39 am

The world banking system is about to collapse,
all world currencies to be re-valuated in order to reduce the $350 trillion in debt worldwide.

In order to make Obama’s debt look small, the reverse split on the dollar will be about 1 for 100, everything will fall in value except gold.

Obama won’t be happy until 85% of Americans depend upon a welfare check.
Obama will be happy soon.

Make the moochers live in cardboard boxes   December 14th, 2009 - 11:46 am

I’m angry cause my neighbor, said she lost her job some 27 months ago, sleeps until 2 in the afternoon, gets drunk every night, doesn’t even try to look for a job, gets a Obama welfare check each month, and lives in a better house than myself.

And I have to get up every morning at 4am to get to work by 7am, in order to earn a living and to PUT FOOD IN TO HER AND HER DAUGHTER AND BAFTURD CHILD’S MOUTH. Her daughter just had another b@fturd child out of wedlock, her daughter don’t work neither and is in default for her college education.

Make All Moochers Pay ME Back   December 14th, 2009 - 11:55 am

Soon you’ll be able to trade your house for 100 loafs of bread.
Don’t worry, Obama will send 95% of the population a monthly check,
and just like Russia, you’ll be able to buy a few loafs each month.

95% of the population will be mooching off the 5% that has money.

Just like that black girl said on TV days before the election: (she was so happy that her Obama was going to win)
“Obama Is Going To Pay For My Gas And Mortgage!!!” that video of that mooching black woman is on YouTube youtube.com/watch?v=P36×8rTb3jI

Obama Is Going To Pay For My Gas And Mortg@ge   December 14th, 2009 - 12:01 pm

Obama Is Going To Pay For My Gas And Mortg@ge

and we all dismissed that black woman as just another black mooch

Derelic Insane IOUbama   December 14th, 2009 - 12:16 pm

Obama bitching on TV about the banks not lending enough money out to people that can’t qualify for a loan.

Bernanke is threatening to raise the interest rates (some think triple by 2012) in order to combat Obama’s endless printing press.

Obama has several more trillion dollar giveaways in 2010 for the moochers.

A second round (twice as severe as 2009) of foreclosures and bankruptcies will occur in 2010.
The bottom of the housing market and the beginning of the great depression will occur the summer of 2012.

Those industrial jobs sent to Mexico and China are NEVER coming back.
But them Mexicans keep on a coming.

The best IOUbama can do now is give out McDonalds coupons to everyone, so that McDonalds has to build more restaurants and that, AND ONLY THAT, will increase the number of American jobs.

America went from industrial jobs
to restaurant, bank refi, welfare jobs.

If Obama had to redo 1941 today, America would have to order heavily from China in order to field an army on two fronts.

Derelic Insane IOUbama   December 14th, 2009 - 12:17 pm

Obama twitching on TV about the banks not lending enough money out to people that can’t qualify for a loan.

Bernanke is threatening to raise the interest rates (some think triple by 2012) in order to combat Obama’s endless printing press.

Obama has several more trillion dollar giveaways in 2010 for the moochers.

A second round (twice as severe as 2009) of foreclosures and bankruptcies will occur in 2010.
The bottom of the housing market and the beginning of the great depression will occur the summer of 2012.

Those industrial jobs sent to Mexico and China are NEVER coming back.
But them Mexicans keep on a coming.

The best IOUbama can do now is give out McDonalds coupons to everyone, so that McDonalds has to build more restaurants and that, AND ONLY THAT, will increase the number of American jobs.

America went from industrial jobs
to restaurant, bank refi, welfare jobs.

If Obama had to redo 1941 today, America would have to order heavily from China in order to field an army on two fronts.

bill clintoon   December 14th, 2009 - 12:31 pm

Duh………………….

Morvin   December 14th, 2009 - 12:32 pm

They don’t care if they are exposed as liars and frauds. They just don’t give a rip. What are you going to do about it?

bill clintoon   December 14th, 2009 - 12:33 pm

Pinhead, a.k.a. obama, continues his attack on the working man by increasing chances of hyper inflation and lower America’s standard of living. Good going Pinhead.

Denis from VT   December 14th, 2009 - 12:47 pm

Recession is over for GOVT workers! Pay raises, perks, Job Security, it gets bigger and bigger. So the next election many of the government people will work for the government party. Stop fighting between parties THROW EVERYONE OUT- Especially YOUR congressman!

Eileen for Freedom/Liberty   December 14th, 2009 - 1:07 pm

America…just a side note on O’Reilly.

Starting this week…I believe on Thursday at 8:00 pm…same time as O’Reilly…John Stossel is starting his new show on the FOX Business Network.

Something new to watch that is informative and not O’Reilly!

—————————–

THE REVOLUTION OF THE SILENT MAJORITY!

1. GETTING INFORMED
2. GETTING INVOLVED
3. GETTING OUT THE VOTE

WE WILL REMOVE THE ‘MENTALLY UNSTABLE’ DEMOCRATZI STARTING WITH NEW JERSEY AND VIRGINIA IN 2009, INTO 2010 AND BEYOND…GUARANTEED!

IMPEACHMENT OR THE ‘ORIGINAL’ KENYAN BIRTH CERTIFICATE…IT IS JUST A MATTER OF TIME!

SIGNED: THE CONSTITUTION PARTY

CATHERINE   December 14th, 2009 - 2:50 pm

HOW THE HECK DO THE DEMOCRATS DO IT. WE HAVE ANOTHER LYING LAWYER IN CHARGE AND DARN IF THEY DIDN’T FIND ANOTHER JANET RENO TO PUT IN CHARGE OF OUR SECURITY…AUUUUUUUUUUUUUUUUUUUUGGGGGGGGGGGGGHHHHHHHHHHHHHH!!

THIS TIME WE WIPE THE DEMOCRAT PARTY AND THE LYING STATE MEDIA THAT SOLD US THESE BAGS OF GARBAGE OFF THE FACE OF THE EARTH………….

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