A double-dip recession (we're in a Depression; enough of trying to sugarcoat it) is pre-ordained.
This game that Obama and the DLC-controlled Democrats and Republicans are in is about trying to cast the other side as the party to blame when the bottom falls out. Because both sides work on behalf of the thieves who got our national treasure, and their job now is to keep the People managed, orderly, the system of unregulated capitalism and plutocracy intact while the rich get to keep the booty.
3 million foreclosures down, 11 million more in the pipeline. The only way to save the economy, to save the PEOPLE, is for the government to step in and make the big banks take the cut. 15 million families are about to face foreclosure. <-- Blue highlighting means it's a link to be clicked.
This is going to spur new rounds of firings, another spike in unemployment, and more foreclosures. More Americans' jobs, good jobs, will be outsourced overseas. Corporations still enjoy tax incentives for moving their operations overseas. GE made record profits last year ($14 billion), didn't pay a dime in taxes and got $3 billion of taxpayers' money in rebates. Bush's tax cuts for the rich are now Obama's tax cuts for the rich; in that Obama deal, the poor had their taxes INCREASED, and the payroll tax 'holiday' sets SocialSecurity up for its end.
The economy isn't improving.
Obama's in office to mellow-talk us into accepting that which we'd never stand still for if we had contentious fire-in-the-belly Democratic politicians actually fighting on our behalf. Obama's in the White House to ease us into accepting the greatest heist in the history of the world, and never even think about trying to get back the money that was ripped off from the middle and poor classes.
What Obama's doing is presiding over the end game of America, letting the 'Haves' pick the (our) bones clean. The more we see of Obama in action, the more 'deals' he makes, the more people realize that Obama's a continuation of the cruel policies of BushCheney.
We need another FDR.
Read the Article at HuffingtonPost
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