Posted by
ApolloSpeaks on Wednesday, November 04, 2009 2:35:12 PM
Obamanomics sinking our titanic economy
"IT'S THE ECONOMY (NOT OBAMA) STUPID" read this morning's headlines at Huffington Post. But the lefties at HuffPo are in denial; it's a very confused and stupid president and his regressive economic policies* that led to yesterday's Republican victories in Virginia and New Jersey; and to a not too shabby showing for Conservative candidate Doug Hoffman in New York's District 23.
*Obamanomics turns the laws of economic reality on its head. It's the ideological triumph of spending and spreading wealth over its creation.
After yesterday's debacle what honest Progressive will dare say that Obama is the new FDR with a transformational destiny? Who on the Left would be so dumb? So blindly audacious and delusional?
On the first off year election during FDR's presidency (1934) Democrats took nine Republican seats in Congress, including an open seat in Maryland and the seats of eight incumbants. And in the only gubenatorial race of that year FDR backed the Republican incumbant against Socialist candidate Upton Sinclair in a landslide victory in California.
Obama is no FDR. An inspirational leader he is not. Unlike Roosevelt he can't inspire national optimism or raise and sustain public morale in the midst of uncertainty and economic gloom.
Tuesday's election was a stunning defeat for Obama's economic leadership and an administration without a clue on how to end the recession. Face reality Progressives! Obama is the Great Depressor, the Democratic Herbert Hoover turning a recession into a depression with Summers, Geithner and the dope who heads the Fed driving the economy over the edge (see).
Postscript: Black Monday 777
This triplet number was made famous on Monday September 29th of last year when two weeks after Lehman's filed for bankruptcy the market crashed and lost 777 points with a trillion plus of investor's wealth wiped out. I mention this because when we divide this triplet number by 3 it gives us the number 259, the exact number of days seperating Obama's "historic" signing of the economic recovery plan (ARRA) and yesterday's anti-Obamanomics election, hence:
February 17 (the signing of ARRA) to November 3=259 days.
259x3=777.
This I believe is an ominous sign that another percipitous market decline is near due to the destructive effects of Obamanomics and the monetary policies of the FED (see).