President Obama makes it clear he wants the US economy to be no better than average forever.
"“We said in Pittsburgh [at] the G20 that it was important for us to rebalance, in part because the U.S. economy for a long period of time was the engine of world economic growth; we were sucking in imports from all across the world financed by huge amounts of consumer debt,” Obama said Thursday during a joint press conference with Russian President Dmitry Medvedev.
“Because of the financial crisis, but also because that debt was fundamentally unsustainable, the United States is not going to be able to serve in that same capacity to that same extent,” the president added.
“We are obviously still a huge part of the world economy. We are still going to be open. We are still going to be importing as well as exporting,” Obama continued. “But the economic realities are such that for us to see sustained global economic growth, all countries are going to have to be moving in some new directions.”"
“We are in a very good position now of being able to deliver relatively strong growth rates to which we are seeing in major economies,” Geithner told BBC. “But I think the world understands now that world growth in the future can’t depend on the United States as much as it did in the past. So, for the world to grow together, we have to see more growth in the other major economies. Not just in the emerging markets, which are very strong now, in the United States.””This is bull****. The US could quickly become the most powerful economy in the world again, and we could enjoy such strong growth that we wouldn't be overtaken this century. The way to make that happen is to dramatically reduce the size and scope of government and free the American people to rebuild our economy and work together to solve everybody's problems. This is Obama intentionally doing harm to Americans.
Monsanto is getting hammered in the market. It's amazing how this company flies under the radar despite all the damage it does.
TAX AND SPEND:
Democrats refuse to allow Americans to fix the economy by trying to steal more money from them and hand it out to people who don't work. They hope to get Republicans on the record for blocking unemployment benefits, thinking it will win them votes, but how can standing on solid principles or siding with the 80 percent of Americans who are working against the 20 percent who are not harm Republicans?
The US government now has a fire administration. I guess local fire departments couldn't be counted on to put out fires without central government help.
The US government owns 46 percent of foreclosed inventory.
Get ready to pony up another $1 trillion to bail out Fannie Mae and Freddie Mac.
"How about $1.44 million of your tax dollars for the government to estimate the size of the population andexamine the "social milieu" of male prostitutes in Hanoi and Ho Chi Minh City, Vietnam?"You can't make this stuff up.
How the FTC, in the name of promoting competition, kills businesses.
The financial oppression bill will harm small banks and meaning fewer loans will be available to regular people at higher prices, making the giant Wall Street firms richer, more powerful and more dangerously risk-taking. That was Democrats' goal all along.
A doctor explains what many of us have been saying about Obamacare for a year:
"The end result will be rationing and delay of elective procedures, denial of expensive but effective treatments a la England, and most likely a single-payer system the likes of which is seen in other, less advanced health care systems around the world."That was Democrats' goal all along.
And this is how it's going to turn out: socialist hospital (VA) infects 1,800 servicemen with HIV and hepatitis.
"John Cochran VA Medical Center in St. Louis has recently mailed letters to 1,812 veterans telling them they could contract hepatitis B, hepatitis C and human immunodeficiency virus (HIV) after visiting the medical center for dental work, said Rep. Russ Carnahan."Our veterans and every American deserve better than socialized medicine.
Record cold in Australia.
Now humans started global warming by killing off the mammoths, ending the ice age. These people aren't qualified to write children's books.
After 70 days, Obama finally relents and allows in some, 12 of 30, foreign countries to offer aid to deal with the Gulf oil spill. He only relented because of political pressure. He wanted this thing to continue leaking and continue harming America to help collapse our country.
Obama's moratorium on drilling the Gulf has forced oil companies to move overseas. Another win for Obama.
UK police harass and kidnap blogger for photographing a police cadet unit.
Backlash against the police state in Britain grows as judge orders police to delete DNA database of innocents which they were already supposed to do by law.
The CIA says Iran has enough nuclear material to make two nuclear bombs.
Accusations that White House staff use private email to communicate with lobbyists. It would suck to have every email you wrote be public. That restriction forces people to find alternative ways of communicating.
Dayton's central planners have a new central plan to undo the old central plan and restore the Great Miami and Mad rivers to their natural state. It would have been a lot cheaper to leave them natural all along, but central planners can't do that. They have to justify their existence. The natural state of those rivers are the reason Dayton exists, but central planners had to screw it up. I expect this central plan will be an improvement, but the best idea is to privatize that land along the rivers so the owners can make a profit that will improve the standard of living of everybody in Dayton.
You used to never hear of cease and desist orders. IP has made them all too commonplace. Police and federal agents shut down websites over IP laws.
British scientists discover secret code in Plato's writings.
First ever picture of an alien planet. Apparently this is not the first ever picture of alien planet. It's the first ever picture of an alien planet around a sun-like star taken from the ground. Somebody must have got their panties in a wad.
This Russian non-spy story is really goofy. These guys weren't any threat. They had no access. Why were they busted? Why now?
It cracks me up that senators complain about the judicial nomination process. They own the process. Ever since they voted for Ginsberg despite her not answering any questions, nominees haven't had to answer any questions. If they really wanted to stop it, they would all vote against any nominee who refused to answer questions. Non-problem solved. The problem is the party of the president always puts partisan politics ahead of their constitutional obligation.
Police and federal agents shut down websites over IP laws.