John Ransom
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Swift Boat Captn wrote: And things were so great before Obama took over. Let's go back to the Chimp's economy that he started by turning surpluses into deficits then finished by losing 800,000 jobs per month and Wall Street on the brink of extinction. - This Won’t End End Well: Obama Giveth X and Taketh Away 7.6 Percent More

Dear Comrade Kerry,

In February 2007, when the terrible, evil George W. Bush was president, there were 2,427,000 more jobs than there are today.

In February 2007, when the terrible, evil George W. Bush was president, there were 5,167,000 fewer unemployed.

There’s more money in the system, going to fewer people than ever before.

The average American can’t afford to buy a new car now. Thanks GM/Obama.

The average American is watching as home prices climb for rich Americans, but stagnate for everyone else.

Top tier homes are selling- and have been selling since Obama became pope- outpacing middle tier and lower tier homes.

The rest of us have to make due with home prices that equal those seen in 1894…That’s 1894…not, 1994.

“Whether real or manufactured by record-low foreclosures, bank supply withdrawals, and fed-subsidized cash REO-to-rent trades,” writes Tyler Durden at Zero Hedge, “the sad truth is that jobs (and the GDP-enhancing multiplier effect that they create) are just not coming. Even Bob Shiller prefers the potential for 4% gains in stocks over housing risk in the medium-term as he points out that - inflation-adjusted - house prices are back at levels first seen in 1894... now that is a long-term investor. “

And just because the Dow’s making new highs, you think everything is wonderful. What happened toOccupy Wall Street?

This is a system that was deliberately crafted by your buddy BHO.

Congrats Comrade Kerry!

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John Ransom

John Ransom is the Finance Editor for Townhall Finance.
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