As Democrats busy themselves with disarming the population, state by state, to distract from the poor economic record amassed by Obama and his liberal friends, “Americans are still worried about government being a threat to freedom,” reported Gallup. “The 64% of Americans who say big government will be the biggest threat to the country is just one percentage point shy of the record high.”
And this was before Obama’s latest, greatest Big Government push.
In the meantime, something that really makes a difference in all of our lives- gas prices- are again hitting seasonal highs, just prior to driving season ramping up. So expect higher prices still
The result will almost certainly be higher unemployment, as we have correctly demonstrated again, and again. Add in runaway healthcare costs, which Obamcare was supposed to fix, higher taxes on everyone, and more taxes to come and you get the idea why the job emperor seems so much more appealing to Obama, than being a weak, ineffective president.
Because re-election returns aside, Obama is still much more mouth than magic.
Nothing he’s done has actually worked.
And we know from history that it won’t work.
You could give Obama a trillion dollars and he still couldn’t create a credible recovery.
Yes, that’s right we tried that already. And that’s why it will never happen again.
So, all Obama has left is his desire to be a Napoleon, while trapped in an intellect 5’2’’ tall, a permanent bully from above that truly is beneath us.
Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect | Mike Shedlock