On Aug 30, 9:57*am, Billy Burpelson wrote:
wrote:
Senator Obama's statement that "our economy is in turmoil" is standard
stuff on the left and in the mainstream media, which has been dying to
use the word "recession."

Forget Obama, the 'R'(recession) word and the left or the right.

Have you been out in the real world lately?

Gasoline, heating oil, aviation fuel, basic food staples like bread
flour, tuition, medical costs...all experiencing double digit inflation.

Real income down every year since 2000.

Record number of private and business bankruptcies.

The housing/credit scandal and more home repossessions since 1929.

-Millions- of decent paying American manufacturing jobs 'downsized' and
'outsourced' to our friends in India and China.

Yup, the economy is in swell shape. (Although to others who -don't- have
their head in the sand, it may indeed sound like the economy IS "in
turmoil").

However, if you insist on "blaming the messenger", Obama is as good a
target as any, I suppose.

It is the stupid audacity such as persons like yourself who have
absolutely Zero knowledge of history or any understanding of sound
economic theory which clearly reflects the result of the Public
Education system of which ObaMao is so intimately an architect with
his Neo-Communist Komrad - Professor Ayers.

Comunist propaganda lies are only beleived by the ignorant. That you
have plenty.
http://mises.org/etexts/Mises/anticap.asp