The Washington Clown Show

IMG Auteur
Published : February 14th, 2012
329 words - Reading time : 0 - 1 minutes
( 2 votes, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Crisis Watch

 

 

 

 

Based on the President's public pronouncements, things look to be getting better by the day:


"We've got an economy that is showing some positive signs. We've seen many consecutive months of private sector job growth." (12/23/11)


"We’re moving in the right direction. We have made real progress. Now is not the time to stop." (1/6/12)


"The economy is growing stronger.  The recovery is speeding up." (2/3/12)


"We are seeing signs that our economy is on the mend." (2/13/12)


But is that what he really thinks?


"Privately, Obama Sees Recovery 1-2 Years Off" (Washington Examiner)




The public President Obama, bubbly in his reelection campaigning about a recovering U.S. economy, isn’t as optimistic in private, telling a select few that it will likely take up to two years for any recovery to click in.


A letter provided to Washington Secrets from Obama to a long-unemployed Portland, Maine carpenter pulls back the curtain of economic hope to reveal the truth about the stagnant economy. “I won’t lie to you,” Obama penned in hand to Charles Oliver in October. “It will probably take another year or two to fully dig our way out of this hole.”


Oliver had written the president in June to ask: “Are we as Americans going to be alright?” Answered Obama, “Yes, we will be ok. Because America has gotten through tough times before, and because of good people like you.”


While happy for the response, Oliver told us that he hasn’t seen any of the recovery the president and media have been heralding. “He’s out campaigning saying everything is coming up roses. He’s a lying SOB,” Oliver said of Obama, who has tried to temper his hopefulness with cautions that the recovery could hit speed bumps.


Surely, I can't be the only one who believes it is better for all Americans to hear the truth, so that we know exactly what we're dealing with (and how best to address it)?


Jeez, what a clown show.


Michael J. Panzner 


 

 


<< Previous article
Rate : Average note :5 (2 votes)
>> Next article
Michael J. Panzner is a 25-year veteran of the global stock, bond, and currency markets and the author of Financial Armageddon: Protecting Your Future from Four Impending Catastrophes, published by Kaplan Publishing.
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
Latest Comments
Racism-O-Rama
07:54dennyc1
Ah, yes, black welfare recipients receiving our hard earned and easily spent tax dollars and providing us nothing save their lives for our investme...
Racism-O-Rama
15 JanDoom1
It's not just the English that is considered RACIST, it's also mathematics, and a wide range of other things: http://professorconfess.blogspot...
The World’s Most – And Least – Miserable Countries in 2016
15 JanWatchdoctor
Happiness is not determined by financial situations, though it does of course negatively impact on our ambitions. Wether or not you are happy, rega...
Number One Concern of US Citizens is Terrorism
14 JanThe Recusant
The chances of dying in a terrorist attack in the US (with 9/11 statistics included) is around 1 in a million per year. Compared to dying from non-...
Mad As Hell
14 JanThe Recusant0
j T.: Yes, the Democrats putting up HRC as their candidate in a populist electoral period was pure stupidity. And both parties allowing Obamacare t...
2018: The Wrong Lesson on Gold Investing
14 JanThe Recusant
As you say, it's only what the central banks do that matters. Gold and its little brother silver are the only true measures of fiat currencies and ...
Trump's Ignorance
13 JanRichard J.1
At this point isnt it pretty obvious it’s got to all blow....as much as Hugo is dead on do we really want the US to survive as caretaker of world m...
One-year score card for Trump
13 JanS W.
Everything else aside, Donald Trump has a very small mouth, combined with the weirdest lip action and pouting of any person I have ever seen.
Most commented articlesFavoritesMore...
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.