Yesterday Alan Greenspan, the former Fed Chief and liberal icon told the world that the recession is over and that he expects the US to return to positive GDP growth.This is in sharp contrast to his strident pre-election cries that this recession is a “once in a century ” event and even his February 18 statement that the recession is the worst since 1930.
In this he joins a growing chorus of administration economists who echo the same sentiments.
I agree and as it is evident this recession was nothing but run of the mill recession aggravated and manipulated by the forces, left wing and otherwise from the US, Middle East and Europe , and China, who had a direct interest in the election of Hussein Obama and the destruction our country. My evidence is a simple as it is real. The banks returned the TARP funds and are posting record earnings, end of story!
Also yesterday Tim Geithner, the smartest man in the world who can’t figure out -or voluntarily pay – his taxes mentioned that once the recession is over the government will have to “pay down the deficit” and “make some though choices”. Understand please that when yentas like Geithner talk about the government making though choices they are talking about the difficulty that elected politicians will have explaining the further tax increase that await the middle class. Yes you!
Now here is the how we fight back! Apparently and by Hussein Obama’s own admission only about 10% of the Stimuls funds have been distributed and probably only a fraction of that has been used. The rest of it is not due to be spent until 2010, coincidentally just prior the the election!
If as the Obamunists say the recession is over and we have to raise taxes, why not give the much maligned white middle class a break, not spend the stimulus plan to fund ACORN activism . Tell Hussein Obama to give the damn money back!