Friday, September 26, 2008

Bush's Bailout Delays Economic Recovery Until 2010

That's IF it recovers -- far from a certainty!!!!

"Economic data point to recession" by Robert Gavin, Globe Staff | September 26, 2008

The US economy is almost certainly in recession and facing a long period of weakness that could push unemployment to its highest level since the early 1990s, economists said.

Even as lawmakers and the Bush administration tried to craft a $700 billion bailout plan for financial firms, the government yesterday reported data that suggest the economic slide is quickening.

The GOVERNMENT said that, huh?

So let's see: The GOVERNMENT LIES all summer telling us everything isn't that bad yet. NOW they want their FASCISTA POWER GRAB and LOOTING BILL passed, and NOW the ECONOMY is SINKING?!?!

Why do I SMELL an AGENDA-PUSHING SOFT-SWERVE SWIRLEY from the GOVERNMENT, folks?

Yesterday's gloomy economic data were the latest in series of reports showing the weakened US economy getting even weaker. As a result, many economists forecast a longer, deeper downturn, with no significant recovery until 2010.

They were saying recovery in 2009!!!! Sigh!!!!!

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