Wednesday, August 25, 2010

US GOVT: A DYSFUNCTIONAL SHAMBLES WITHOUT CREDIBILITY

Max Baucus, U.S. Senator from Montana.

Image via Wikipedia

Biden today: "no doubt we're moving in the right direction."



US New Home Sales Sink to Lowest Pace on Record

Max Baucus, sponsor of ObamaCare admits he never read the bill: he hires experts to read it for him WHO?...btw WHO WROTE THE BILL YOU WERE TOO BUSY TO READ?

This according to The Flathead Beacon which filed this report.

Judy Matott asked Baucus if he would work to improve Libby's image, and then asked him and Sebelius, "if either of you read the health care bill before it was passed and if not, that is the most despicable, irresponsible thing."

Baucus replied that if Libby residents assembled an economic development plan, he would do what he could to help, and he took credit for "essentially" writing the health care bill that passed the Senate.

"I don't think you want me to waste my time to read every page of the health care bill. You know why? It's statutory language," Baucus said. "We hire experts."

And govt's?

Morgan Stanley Says Government Defaults Inevitable

"Governments will impose a loss on some of their stakeholders," Arnaud Mares in the firm's London office wrote in a research report today. "The question is not whether they will renege on their promises, but rather upon which of their promises they will renege, and what form this default will take." The sovereign-debt crisis is global "and it is not over," he wrote.

Enough?

Yes Folks, Hindenburg Omen Tripped Again

Enough?

Economy Caught in Depression, Not Recession: Rosenberg
Enough?
The Dow Jones Industrial Average will lose about half of its value over the next couple of years as it follows a Nikkei-like pattern of several sharp rallies in an overall decline, according to Charles Nenner, founder and president of Charles Nenner research.

Biden today: "no doubt we're moving in the right direction."
JOHN MALCOLM BECKONS


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1 comment:

Unknown said...

Hi Epaminondas.
If you see that China is exchanging 2.4 Trillion $ of US debt in to Euro and Yen and that Soros is taking out his investment from the US market then you know something bad is waiting to happen around the corner.And all this thanks to "They don't trust me cause of my middle name"perhaps all this is part of his planning so he and his croonies can take over the country?