Thursday, February 5, 2009

Obama inpersonates Paulson.

Obama: Without Stimulus, Recession Could Be Irreversible

President Barack Obama warned on Thursday that failure to act on an economic recovery package could plunge the nation into a long-lasting recession that might prove irreversible, a fresh call to a recalcitrant Congress to move quickly. In an op-ed in The Washington Post, the president argued that each day without his stimulus package, now exceeding $900 billion in the Senate, Americans lose more jobs, savings and homes. AP --------------------------------------------------------------------------------

Posted by flintster1994 @ 03:42 PM (758 views)
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6 thoughts on “Obama inpersonates Paulson.

  • mountain goat says:

    More on the bad bank too – White House Now Plans Limited Bank Aid Package “The latest round of discussions also appear to have addressed the most controversial aspect of the big bank concept: Pricing. Under the emerging plan, the government will buy toxic assets below the banks “carrying value,” which is basically market value, but not at fire sale levels, the source said.”

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  • “Recession Could Be Irreversible” – What absolute drivel……Remember nothing lasts forever…..Maybe p4ac, s2r1 and malct were right… Orchestrated, maybe not, but manipulated, almost certainly. I wondered how long it would take for Obama to appear like all the rest of the clowns !

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  • last_days_of_disco says:

    Obama is very quickly losing his shine, he needs some help from Blair, to touch up.

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  • last_days_of_disco says:

    Haha, I miss read it just now as “The Stimulus could be irriversible…” I think that should be the real title.

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  • with or without the stimulus the recession is a depression

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  • The Trial of Tony Blair

    channel four

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