Topic: Turbo Timmy - Economy In "An Early Stage" Of Crisis

[Libertas]

Fricken Neo-Keynesian dipsh*t...

http://www.realclearpolitics.com/video/2011/09/14/geithner_were_in_an_early_stage_of_a_crisis.html

"early stage"?  

"You can think of it as protection against Europe."?  

"And our basic strategy is to make sure we are healing the damage caused by this crisis..."?  

Are you fricken kidding me?!  How stupid do you think we are?  You, your boss, the Pelosi-Reid Congress and that fellow Neo-Keynesian asshat at the Fed caused this crisis more than anyone you miserable dissembling pile of rodent scat!

All you destroyers need to be kicked the hell out!

 

And it needs to happen yesterday!

 

I don't know how much more of this sh*t we can take...

 

[jpatrickham]

Peter Schiff knows how to create jobs and Obama does not




Brilliant testimony by Peter Schiff

Click here for the VIDEO

Peter Schiff FULL Testimony Before Congress on Obama Jobs Bill 9/13/11

[Libertas]

I get his e-mails, he is good, and more people should heed what he says!

 

[charlesoakwood]

I get his e-mails, he is good, and more people should heed what he says!

 

He has an interesting technique for getting his message out and avoiding the traditional articles.

Peter Schiff's Weekly Radio Show
"Wall Street Unspun"
Wall Street Unspun: Peter Schiff's Mid-week market outlook
Live Every Wednesday 8:00PM Eastern, 5:00 PM Pacific or on shortwave 5.070 Megahertz.
Re-broadcast every Saturday at 11:30 PM Eastern, 8:30 PM Pacific on shortwave 9.32 Megahertz
Call 1-888-678-9597 during the live broadcast to participate in the discussion.

[rickl]

If this is an early stage, I'd hate to see it in a terminal stage.

[charlesoakwood]

If this is an early stage, I'd hate to see it in a terminal stage.

Buckle up.

http://www.youtube.com/watch?v=eFHJ41ktt3Q&feature=player_embedded

[Libertas]

Yeah...just like abortion for them is only another stage of being unborn...

These demons can parse anything nine ways to Sunday...

No conscience, no problems...it's so simple!

 

[Sectionhand]

If this is an early stage, I'd hate to see it in a terminal stage.

Where has this stupid bastard been for the last three years ... Fantasyland ?

[Libertas]

If this is an early stage, I'd hate to see it in a terminal stage.

Where has this stupid bastard been for the last three years ... Fantasyland ?

Close.  The Treasury Department.

[charlesoakwood]

Turbo Timmy has taken his satchel of economic knowledge on the road.
He's gone to Europe, Wroclaw specifically, and lectured European finance ministers on the finer economics and leveraging their money.
(I think I saw this on a TV real estate infomercial)

Timmy educates the Europeans on economics.  Yaw.

Dumbstruck

But Treasury Secretary Timothy Geithner's high-profile trip to Europe left some European officials more dumbstruck than starstruck.
[blockquote]

"I found it peculiar that even though the Americans have significantly worse fundamental data than the euro zone that they tell us what we should do and when we make a suggestion ... that they say no straight away,"

[/blockquote]                                                                         
Maria Fekter told reporters afterwards, recalling a difference of opinion between Geithner and German Finance Minister Wolfgang Schaeuble...

Cool

[Geithner wants them] to "to leverage their bailout fund to better tackle the debt crisis and to start speaking with one voice. "

One analyst familiar with the proposal said it would involve the EFSF (European Financial Stability Facility) guaranteeing a portion -- perhaps 20 per cent -- of potential losses on euro zone debt, so that its capital would effectively stretch five times further.   

So Timmy, you want them to enhance the money supply 5 to 1. 
How do they do that?  Print more Euros?

 [blockquote]

Timmy, if you don't say anything they won't realize you don't know what you're talking about.

Trichet was speaking as ministers wrapped up two days of talks marred by a clash of thinking between US Treasury Secretary Timothy Geithner and leading European finance ministers, both German and Belgian finance ministers having highlighted the United States as carrying the world's heaviest debt burden.

[/blockquote]


 

[LadyVirginia]

Farce is alive and well.

[AlanS]

Farce is alive and well.

Thickest in DC.

[jpatrickham]

ON THE LIGHTER SIDE


IMF: World economy enters 'dangerous new phase'
IMF says global economy in 'dangerous new phase,' slashes growth forecasts for US and Europe

"Most economists expect growth of between 1.5 percent and 2 percent in the final two quarters. Though an improvement, it wouldn’t be enough to lower the unemployment rate. The rate has been 9 percent or higher in all but two months since the recession officially ended more than two years ago. Christopher S. Rugaber, AP Economics Writer, On Tuesday September 20, 2011, 10:43 am EDT

WASHINGTON (AP) -- The world economy has entered a "dangerous new phase," according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year."

http://finance.yahoo.com/news/IMF-downgrades-outlook-for-US-apf-1240337037.html?x=0

[Libertas]

The MFM is in a dangerous new phase, if not for them, maybe less asshats would be in positions to help drive the world into the toilet!

There is only one headline I am waiting for the MFM to trumpet far and wide..."World Leftists Confess-They Are Full of sh*t, Denounce Former Ideology That Has Brought The World To The Very Gates Of Hell!"

Good thing I expect so much less, huh?

 

[Pandora]

The MFM is in a dangerous new phase, if not for them, maybe less asshats would be in positions to help drive the world into the toilet!

There is only one headline I am waiting for the MFM to trumpet far and wide..."World Leftists Confess-They Are Full of sh*t, Denounce Former Ideology That Has Brought The World To The Very Gates Of Hell!"

Good thing I expect so much less, huh?

 

Was discussing this just a little while ago -- Rush brought it up, actually.

The left, in its entirety, including the MFM are now finding themselves in the position of tossing Duh Wun in order to maintain the marxist push; they're not going to be able to do both.  Interesting, innit, that the very element about which they were so excited -- his skin color -- is going to be the fly in the ointment.

[Libertas]

The MFM is in a dangerous new phase, if not for them, maybe less asshats would be in positions to help drive the world into the toilet!

There is only one headline I am waiting for the MFM to trumpet far and wide..."World Leftists Confess-They Are Full of sh*t, Denounce Former Ideology That Has Brought The World To The Very Gates Of Hell!"

Good thing I expect so much less, huh?

 

Was discussing this just a little while ago -- Rush brought it up, actually.

The left, in its entirety, including the MFM are now finding themselves in the position of tossing Duh Wun in order to maintain the marxist push; they're not going to be able to do both.  Interesting, innit, that the very element about which they were so excited -- his skin color -- is going to be the fly in the ointment.

Yeah, ironic.  I won't say I feel their pain (actually I'd like to cause more!) but I am relishing it!  Nothing like the mother-of-all-boat-anchors at the top of your 2012 ticket to help suck the rest of them into the abyss come election day!  It should be bloodbath on November 6th...but...while anti-Obama sentiment may run high, we still have to have a reason to vote for somebody...the Repub's always seem to forget that last part as well as grossly understate its importance!