CNN: Nearly Half of Americans Expect Another ‘Great Depression’ in Next 12 Months
- Posted on June 8, 2011 at 11:50pm by
Scott Baker
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Three unemployed men start a fire for cooking in this vacant lot in New York City, where they live when they are not searching for work, March 23, 1932. (AP Photo)
CNN:
President Barack Obama’s overall approval rating has dropped below 50 percent as a growing number of Americans worry that the U.S. is likely to slip into another Great Depression within the next 12 months, according to a new national poll.
A CNN/Opinion Research Corporation poll released Wednesday also indicate that the economy overall remains issue number one to voters, with other economic issues – unemployment, gas prices and the federal deficit – taking three of the remaining four spots in the top five.
These number can‘t be good for President Obama’s reelection plotters. More importantly they send powerful signals about the authentic fears gripping large numbers of Americans. Here‘s CNN’s Eliot Spitzer:
The Osama bin Laden bump is now officially gone. We’re back to “It’s the economy, stupid” as the driver of things political. At least for the moment.
So here is how CNN breaks down the “Great Depression” results:
Forty-eight percent say that another Great Depression is likely to occur in the next year – the highest that figure has ever reached. The survey also indicates that just under half live in a household where someone has lost a job or are worried that unemployment may hit them in the near future. The poll was conducted starting Friday, when the Labor Department reported that the nation’s jobless rate edged up to 9.1 percent.
“The poll reminded respondents that during the Depression in the 1930s, roughly one in four workers were unemployed, banks failed, and millions of Americans were homeless or unable to feed their families,” says Holland. “And even with that reminder, nearly half said that another depression was likely in the next 12 months. That’s not just economic pessimism – that’s economic fatalism.”
According to the survey, more than eight in ten Americans say that the economy is in poor shape, a number that has stubbornly remained at that level since March.
Read more here.
Even PBS is acknowledging that the economy is becoming a bigger and bigger problem for President Obama:
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Comments (226)
islandlady
Posted on June 9, 2011 at 12:57amI remember the last war we were in. I was working in retail management. My pay dropped 66%. No-one came in the stores,
Report Post »we stood around and watched the bombings. I had senority and wasn’t let go. The store finally went under, and I stayed on the ship until it sank completely. I wasn’t active in the church, and didn’t know about food storage, and lived off flour, water, oil, oranges and honey for two months. I lost my car too and fortunately had a bike.
This will be worse, much worse.
Favored93
Posted on June 9, 2011 at 12:53amI am shocked that any one is shocked things are going the way they are. Osama Obama said this is the way he wanted things to go during his campaign. He is now the first politician to actually keep his campaign promises!
Report Post »SHOWMESTATEGUY
Posted on June 9, 2011 at 1:05amAnd that is the truth. BO made it very clear he was going to take the country in a direction that had not been done before. HOPE AND CHANGE YOU CAN BELIEVE IN.
Report Post »Coosaguy
Posted on June 9, 2011 at 12:51amMy grand daddy always said, “When a black guy gets in office, that would be the death of America”.
Report Post »Favored93
Posted on June 9, 2011 at 12:57amThat is a disgrace!!!!! Do all of us a favor and post that junk on the liberal sites! This country would do well to have had or ever have a man like Hermon Cain (forgive me if I misspelled his name) in the white house!
Report Post »Tigertame4
Posted on June 9, 2011 at 8:34amDon’t forget, Obama is half-white. Your grandfather should have known it is not the color of the skin it is the content of his character that matters. You can see how true this is. Look at the content of character of the Libs.
Report Post »SKOALBROTHER {GALLEY OF CATFISH}
Posted on June 9, 2011 at 9:44amThanks for writing out what we all secretly feel, even though you did not have the guts to do it without blaming it on your ******* grandpappy.
Report Post »nonnie614
Posted on June 11, 2011 at 6:33pmI’d vote for Herman Cain in a red-hot second!!!! He knows what he is about and what he is talking about.And, he has CHARACTER!!!
Report Post »snidley-whiplash
Posted on June 9, 2011 at 12:47amPlease many of you think soros is to blame for the coming depression, others think that others are responsible………All inflation , deflation, boom, bust, interest rates etc. are all caused by the Federal Reserve, IMF, World Bank.
Report Post »Please read The Creature from Jekyll Island ..A Second Look at the Federal Reserve by G. Edward Griffin I t will open your eyes to a full understanding of our monetary (banking) system. So many of us do not understand how they pull the wool over our eyes. It’s a murder mystery about the death of the middle class.
Cleveland
Posted on June 9, 2011 at 3:33amSpot on. Nothing will change until the Federal Reserve Corporation is gone. Everything else is second rate. Most of it is just theater meant to keep the people divided and earn the media moguls money.
Since you know what the TRUE problem is, I encourage you to read this little piece. The 2nd American Revolution begins June 14th, 2011 and it will be centered on the financial terrorists – http://pastebin.com/XQH1hcSt
Report Post »SchenectadyScott
Posted on June 9, 2011 at 12:44amExpecting a Depression…I have been living a depression for the last three years being unemployed as a displaced worker…I worked 24 years for three company’s all three moved and then closed down..I can not be the only one displaced today..54,000 jobs created and half of those were part time McDonalds jobs…It is either join the party and get a gov. job if you can play the game and compromise your soul or die! Depression Denial is where we are at…I guess it will be a depression when people start loosing their public sector jobs since there are no private sector jobs.
Report Post »jb.kibs
Posted on June 9, 2011 at 12:35amI fed the bears a few times… why aren’t they using that strength to go hunt for food on their own?! ;)
Report Post »Dannowood
Posted on June 9, 2011 at 3:01amJB that has to be the best analogy I’ve ever read about His Majesty.
Report Post »Mr. Oshawott
Posted on June 9, 2011 at 12:35amWell, with Mr. Obama‘s ObamaCare unconstitutionally forcing people who don’t want buy health-care insurance to buy it, the unemployment rate still hovering at 9.1% (which is actually somewhere around 18% to 23%, give or take), the fact that he initiated the Libyan War without seeking approval from Congress and allowing it to last more than two months, and the fact that Barack Obama‘s presidency is illegitimate due to the fact that he wasn’t born in the U.S. (I know all too well I’m going to be labeled a “birther” for this and then attacked severely), I really can’t wait to vote Mr. Obama out when it comes election season of next year. But, of course, that‘s if we’re lucky. There’s simply no way our tyrant-in-chief is going to surrender all that unconstitutional power without a fight.
Report Post »jb.kibs
Posted on June 9, 2011 at 12:34amwhy isn’t everything magically working like i dreamed it would?! LOL
Report Post »Psychosis
Posted on June 9, 2011 at 12:31aminteresting the trolls stay away from articles like this
they tend to only stick to the religious or green articles
hey encino where are you ???????
Report Post »BurntHills
Posted on June 9, 2011 at 1:34amthey are on everything marked PALIN and WEINER… hating on her and trying to defend PeeWee by posting all about Republicans, true or not.
Report Post »dsang1
Posted on June 9, 2011 at 12:30amI think that is exactly what Huessien is counting on. He is telling Americans everything will be ok… until it isn’t! Then everyone freaks out(civil unrest) they are counting on it. Then, martial law and he is a dictator. That is what he is trying to do. I am storing as much food as I can, I have other family members buying seeds and starting gardens, a couple of friends have chickens. We are not going to freak out, we are going to try and keep things calm. I thank God I live in Texas – I never owned a gun but will soon… before it is too late to get one. God is the way out of this. He has to send us a leader that can defeat BHO and can restore honor and integrity to this country or we are done!
Report Post »stopthis
Posted on June 9, 2011 at 12:30amGet ready for Obama to enact MARTIAL LAW when the real chaos starts. Hopefully, we can still have our guns to defend ourselves. Does anybody know the status of the Small Arms Treaty?
Report Post »If this is not in the works yet, Obama/Feds/Soros will not start the Great Depression just yet. But get ready it will be soon. Obama is wasting no time. Then, he will declare a state of emergency and there will not be an election 2012.
raspberrytea
Posted on June 9, 2011 at 1:09amif we can see this, why aren’t the repubs. saying something?
Report Post »why aren’t they on fox every hour on the hour
warning America? where are the leaders with any
guts to stand up to this administration.
Rush always says…… he‘ll tell us when it’s time
to worry…. well Rush, what do you say? time for
you to worry and time for us regular people seems
to be a long way apart.
raspberrytea
Posted on June 9, 2011 at 12:27amjust watched night line, they were showing girls
Report Post »buying their prom dresses… spending thousands
on them, and parents having expensive parties. there
are so many people who are going to have a rude
awakening someday.
MidWestMom
Posted on June 9, 2011 at 10:32amSadly, the phrase “fiddling while Rome burned” comes to mind
Report Post »snidley-whiplash
Posted on June 9, 2011 at 12:26amComing to a hospital near you! The Democraps think we deserve this…….but oh no not for them.
Report Post »http://www.dailymail.co.uk/news/article-2000824/NHS-indignity-Peter-Thompsons-body-ignored-hours-corridor-Edale-House-unit.html
ConservativeMomofFour
Posted on June 9, 2011 at 12:20amDoes anyone else find it unsettling that obama doesn’t seem to care about the economy,gas prices,food prices,the middle east etc. With an election right around the corner?
Maybe there won’t be an election
Report Post »maybe by then we will have martial law then he will become our dictator
i’m sure when people are starving in the streets and there is total chaos he will fix everything then
Dannowood
Posted on June 9, 2011 at 2:52amI’ve been saying the same thing since Obama said to D.Sawyer that he was not concered about being a two term president. Just so long as he can put his policies in place. The only policies I can see from him are a one world government with a single ruler. As a Christan I belive that will be the Anti-Christ.
Report Post »MidWestMom
Posted on June 9, 2011 at 9:35amI’ve been saying the same thing for some time now. Chances of a 2012 election are slim to none.
Report Post »Blackhawk1
Posted on June 9, 2011 at 9:52amThere is only one problem with Obama trying to declare martial law. He would have to get the military to back him and I can tell you first hand, that will never happen. Only 20% of the military claim to be Democrats, even fewer call themselves Liberals. When you serve in the military and feel the Commander in Chief could care less about you like when Clinton was POTUS and now with Obama you will not back a move like that.
Report Post »MidWestMom
Posted on June 9, 2011 at 10:29am@Blackhawk1
I agree with your statement…to a point. But, will the military feel the same if martial law is declared under the guise of “the American People Need You” (ala WWII recruitment posters).
“There is rioting in the streets, people have no food, criminals run amok, our infrastructure is in tatters etc etc etc. Therefore its up to you to save our country”….. yada, yada, yada.
Easy, easy for the government to create that scenario.
Report Post »GOTT-EM-MAUSER
Posted on June 9, 2011 at 12:39pmWhat the U.S. Military does won’t make a partical of difference in what is coming. The United States of America is 350 Million people spread over an entire Continent. Fully One Third of those folks will be fighting whomsoever tries to bring about Martial Law. Our Military combined with the Red Chinese and Indian Army couldn’t hold and control just the 25 largest cities, much less All the rest of it. To Declare Martial Law is one thing, but to ENFORCE it is entirely another. The U.S. Military alone couldn’t hold and control New York City, Detroit and Chicago. IF the U.N. could bring alll the troops available to it from the world over to fight, I can tell you it would take them 100 years to just deal with Texas, and that’s if the Mexicans decided to side with the Communists.
PUHLEEEZE FOLKS, take a small REALITY BREAK here. The nano second that Martial Law or anything remotely resembling it is envoked, Millions of people that have been preparing for the past 30 years, will start killing Nazi/Communists, matter not what particular uniform they are wearing at the time. Try to visualize a CONTINENT WIDE-INTERNAL FIREFIGHT taking place all at once, more or less the D.C. Snipers times a couple million ( MUCH better trained and equipped) active shooters.
So BY ALL MEANS bring on the MARTIAL LAW………………………………………….
Report Post »Tockit
Posted on June 9, 2011 at 12:18amI just don’t understand this? I thought if B. Hussein Obama got elected that the world would love us again, he would pay everyone’s mortgage and car payment, economy would start sizzling, and fireworks would shoot out of his a$$ !!!!!!!
Report Post »Blackhawk1
Posted on June 9, 2011 at 9:42amSomething is shooting out of his behind and it ain’t fireworks.
Report Post »SHOWMESTATEGUY
Posted on June 9, 2011 at 12:14amThose girls did not look, or sound happy. Try as they may, they couldn’t but a happy face on the subject.
Report Post »Oil_Robb
Posted on June 9, 2011 at 12:32amGirls?…..I think NPR built that one hag out what was left over from Pelosi’s last face lift. And the other one could be MR. T after a sex change. And Im sure that guy is one of Barney Franks cast offs
Report Post »miles from nowhere
Posted on June 9, 2011 at 12:09amI still believe that Soros is the main problem and Obama is the puppet following orders. The agenda was to destroy the US and they have done a fine job of it.
Report Post »Teaparty-grammy
Posted on June 9, 2011 at 12:15amI agree. Do you remember when he was dodging reporters and refusing to answer questions about Libya? This seemed like mighty odd behavior for an egomaniac who never met a camera or reporter‘s microphone he didn’t like (unless it was being held by a Fox NEWS staffer, of course). Then it struck me–the reason he was running from reporters was because he had not yet received his orders. They had not been transcribed onto his teleprompter, and the poor idiot did not KNOW what to say, until he was told. Once he DID get his orders he was certainly talkative enough, wasn’t he! Creepy little puppet. The question is, whose hand is up his a$$ pulling the strings on his mouth? My bet is SOROS, too.
Report Post »@ Coyote2
Posted on June 9, 2011 at 11:25pmNot only Soros but the rest of the jews that give Odumba his daily marching orders including the ones that own the banks that control the so called “Federal Reserve”. There is nothing “Federal” about it. They create money out of thin air and charge the USA usury on it.
Jesus told the lying thieving bastards just what they are in John 8:44
Report Post »“Ye are of your father the devil, and the lusts of your father ye will do. He was a murderer from the beginning, and abode not in the truth, because there is no truth in him. When he speaketh a lie, he speaketh of his own: for he is a liar, and the father of it.”
I stand with Him.
last frontier
Posted on June 9, 2011 at 12:08amI cant decide if it’s the Manchurian candidate, or the Emperor has no clothes, but either way it has been brutal on our great country.
Report Post »Nigel2
Posted on June 9, 2011 at 12:24amIt is just clueless. I do not believe he has a desire to destroy this country. Reshape it in his delusional image which is to destroy it. But he doesn’t see it that way. He honestly believes his destructive ideas are the right thing to do. Kinda hard to fathom but I think I have nailed it.
But it don’t matter what his intent is, he is plain dangerous.
Report Post »50BMG
Posted on June 9, 2011 at 6:55amNigel, he may not want to destroy it in the sense of laying waste to everything, but he does want to destroy what used to be the United States of America. He’s made clear – repeatedly, in his own words – that he’s an enemy of the Constitution. And the rights and freedoms of the Constitution are the essence of America.
Report Post »packrbackr
Posted on June 9, 2011 at 8:37amWhat about the Kings speach? But does a telepromter studder?
Report Post »slickmeister
Posted on June 9, 2011 at 1:13pmLiberalism is a mental disorder.
Report Post »@ Coyote2
Posted on June 9, 2011 at 4:20pmYou ain’t seen nothing yet! Better stock up on dry goods like flour, sugar, rice, macoroni, raisins and some salt. Also 10 gallons of kerosene for the lamps. Then plant a big garden (if you can keep the thieves out) There will be plenty of them that think if you have it, it belongs to them too.
Report Post »Teaparty-grammy
Posted on June 9, 2011 at 12:05amSo far Obama’s determination to destroy our country is working, but the cracks in his political “machine” are beginning to widen and show — we can only hope the little puke and his organization self-destruct before 2012!
Allen West in 2012!
Report Post »NOKOOLAIDDRINKER
Posted on June 9, 2011 at 12:02amNo kidding!!! IT’S THE ECONOMY STUPID STUPID STUPID!!
Report Post »fancydancy
Posted on June 9, 2011 at 12:00amBuy extra food, water, toilet paper, soaps, and wear the out-dated clothes you have and decide what is a need and what is a want. Revive your faith, your relationships and be nice to your neighbors. A rural community will be better than big city living and grow some of your own food if possible so you can trade it for other needs. The first depression generation got through it and the great Americans will get through the next one with faith, hope, and love for God, their countryman, and their their country.
Report Post »Ailene Wright
Posted on June 9, 2011 at 8:11amI have been stocking up for the past 2 years. Lately I have felt the need the need to make sure there are plenty of emergency supplies on hand as well,like cast iron cookware that can be used to cook with if there is no electricity,lanterns and medical supplies. My house is paid for, I have no debt and my husband has a job but I have seen a depression coming for quite some time. If the lame stream media is reporting negatively about the economy and government than things are truly serious.
Report Post »CatB
Posted on June 8, 2011 at 11:58pmObama’s agenda is coming to pass. Make everyone dependent on government for food, healthcare, etc. Energy prices that are“ necessarily skyrocketing”.
2012 ..end of an ERROR.
TEA!
Report Post »RepubliCorp
Posted on June 9, 2011 at 5:44amPresident Dumbo is in deep doo-doo 60% think he is clueless on the economy.
Report Post »Back to the drawing board Libturds , the lies are not working
Blackhawk1
Posted on June 9, 2011 at 9:39amThat means 40% of Americans are just as clueless about the economy as Obama.
Report Post »poorrichardsnews
Posted on June 8, 2011 at 11:56pmThe GOP is wobbling on the debt ceiling hike: http://poorrichardsnews.com/post/6341393915/debt-ceiling-hike-rears-its-ugly-head
Report Post »Teaparty-grammy
Posted on June 9, 2011 at 12:11amThe GOP is wobbling on just about everything they promised–like reducing the debt and repealing Obamacare. So far, they are little better than the Democrats, and only more of the same old thing–a lot of high-falutin’ promises until they get elected, then business as usual. The only problem is, our country is in such bad shape that “business as usual” just won’t cut it, and in fact, could prove fatal. That is why we need to co-opt the Republican Party — take it away from the ‘professional politicians’ and give it back to the people! The Democratic Party is a lost cause. It has ALREADY been co-opted by the Communists and Muslims working together to bring us down. I don‘t know why the liberal idiots outside the government can’t see that. The Democratic Party as it exists today is NOTHING like the Democratic party of their fathers and grandfathers. It has become a nest of vipers that must be stamped out and NEVER given access to any amount of power in the government again. This country will not be safe until today’s Democratic party of leftist America-haters is replaced by a party of people who actually care about this country and donig right by its people. If you Liberals want a cause to work for, there it is. Are you up to the challenge, or would you rather just continue being SHEEPLE that are being meekly led to the slaughter?
Report Post »The Third Archon
Posted on June 9, 2011 at 1:40amThe Republicans are wavering on the debt ceiling because they never intended NOT to raise it–it’s a political gambit to get what they really want–tax cuts and subsidies for the people that fund their re-election campaigns.
Report Post »realjohn
Posted on June 9, 2011 at 11:40amThe GOP currently controls one half of the legislative branch (basically meaningless). The executive branch, the other half of the legislative branch and, to a certain extent, the judicial branch are all controlled by (insert here whatever you want to call them).
Report Post »The GOP has to compromise to get anything done. When bills finally get to POTUS and he signs them and then says he won’t abide by them there is no hope for change.
Our only real hope (and it is hope only as there is no guarantee the GOP won’t revert to RINO-ism) is to control at least the legislative and executive branch (house, senate, presidency).
In 2012 there are another 25 seats on the blue side coming up for re-election. There is also a presidential election. If the GOP primary candidates don’t incestuously cancel each other out we may have a shot at regaining hope. Our ammunition is our vote. We started in 2010 and it was a good start. But it was only a start. Miles to go before we sleep (peacefully).
BTW – I read the Obamacare bill. There is no provision for waivers. Does that mean the waivers being given out are illegal under the law? Not that the guy giving them out cares about the law . . .
D0ntTread0nMe
Posted on June 8, 2011 at 11:56pmI think we can all see this coming, and we can’t stop it completely, but what do we become in the meantime before it’s all the way done is the real question here!
Report Post »http://www.mythoughtsfromthemiddle.blogspot.com
101
Posted on June 9, 2011 at 12:18amThey will raise the debt ceiling and go straight into QE3…the destruction has been done!
Search: “Mandrake Mechanism”
Report Post »Want our country back
Posted on June 9, 2011 at 8:25amGOLDLINE_SCAM
Better run out and buy Crisis Seeds … and, um … GOLD! Yeah, buy gold! Let’s see … what else … GUNS and AMMO!! Gotta have guns, and lots of ammo…
Lemme see … did I forget anything? Oh, yeah … an underground bunker, and 2500 cans of Campbell’s Soup. That oughtta do it…
====================================================================
Mock all you want, but isn’t it better to be prepared. If you have children, they might appreciate a can of Campbell soup if there’s nothing to eat, they might appreciate a bunker, if there’s a tornado, they might appreciate a gun if somebody is trying to steal their last can of soup. History has shown that these things have happened and could happen again. I‘m afraid that we’re less civilized under this president.
OR
You can be like the Katrina victims and just sit on your roof saying “where’s the government to take care of me”
One group will survive and might actually end up helping you and your family.
Report Post »ronmorgen
Posted on June 9, 2011 at 9:01amGoldline_scam
Posted on June 9, 2011 at 6:52am
“Oh, sh*t!! Better run out and buy Crisis Seeds …
“Drive out the mocker, and out goes strife; quarrels and insults are ended.”
Report Post »Proverbs 22:10
MidWestMom
Posted on June 9, 2011 at 9:22am@Want our country back
Couldn’t have said it better. Disasters happen all the time folks. Natural & man-made. Common sense should tell you being prepared is being smart.
For those who sneer and tell us “preparers” we’re crazy, overreacting, stupid etc etc, think of it this way:
What will you do if your water lines no longer work? What will you do if you can’t stop by the grocery store every couple days? Or if you can get there…sorry, no food on the shelves? What will you do if your heating gas, oil is no longer available? What will you do when you flip the light switch…and nothing happens? What will you do when a desperate starving mob decides they’ll kill you to take the little you do have? Those “flash mobs” of delinquent teenagers won’t be createing havoc in a donut shop just for fun anymore.
Think I’m wrong…. look back at Katrina – looting, stealing water & food from dying people etc. Look at the recent flooding – law enforcement & private citizens needed to patrol homes in the evacuation areas – people in boats were coming in to take whatever they could from the victims. Look at Joplin, MO. Tornado wipes out almost half the town….and the vultures swarm. Picking thru rubble looking for things to steal instead of attempting to find survivors or help in any way.
Do you honestly think it will be different when the whole country is devastated one way or another? Nope, it will be far, far, far worse.
Report Post »MidWestMom
Posted on June 9, 2011 at 9:31amand for those who laugh at the idea they should be prepared…..do us all a favor……please prepare to take care of yourself & your family……so the rest of us won’t have to.
Report Post »discardofevil
Posted on June 8, 2011 at 11:55pmThanks Obama. He must be so proud. He is doing everything he has intended to do!!
Report Post »CatB
Posted on June 8, 2011 at 11:59pmExactly!
TEA!
Report Post »Oil_Robb
Posted on June 9, 2011 at 12:03amIs this cow Barry’s mother?……she lies just like him
Report Post »NOKOOLAIDDRINKER
Posted on June 9, 2011 at 12:03amDitto!!!
Report Post »banjarmon
Posted on June 9, 2011 at 12:05amI knew when BO was elected that that was the high point for the economy. Bo only know knows how to lead a charge down hill, and that is the way we are headed.
As soon as a NEW POTUS is elected, or the present one is removed, the economy will start to recover. I pray that is soon!
Report Post »cheezwhiz
Posted on June 9, 2011 at 12:17amEven PBS is acknowledging that the economy is becoming a bigger and bigger problem for President Obama
Report Post »What keeps these PBS fools up all night is that once Obama is out of office, all these fools will be unemployed too
Snowleopard {gallery of cat folks}
Posted on June 9, 2011 at 12:18amThis is exactly what Obama and the progressives have been wanting and dreaming of; the total and utter collapse of the economy and society changing caused by it. IF we do slide into another great depression, this one will be fierce and if the fed’s are allowed to meddle in it, absolute…one from which the nation will never emerge again as a true Republic…we will fall into a night of socialistic armagheddon that will never end.
Report Post »SavingtheRepublic.com
Posted on June 9, 2011 at 12:21am^____^____^
Carnival Carney will respond to this on behalf of BHO “Bushs fault”
This admin will never take responsibility for anything they do. Slowly their own media as quickly as they are to defend his worshipness will put out articles like this. That way when SHTF they can say “hey we were there warning too”.
I have news for everyone here we ARE ALREADY in a depression. Dont take my word for it do the research, compare the financial figures of the 30′s to today its scary stuff. How many during that time period had 2nd, 3rd mortgages, 10,20,30K in credit debt, car loans etc etc? One of the biggest arguments we arent in one is b/c many will say there are no soup lines etc etc that b/c during that time period there werent all these social programs in place like welfare to unemployment assistance aka 99r’s.
Double dip recession my a**!
Report Post »Paradigmm
Posted on June 9, 2011 at 12:45amBlaming it on Obama is absurd. Obama is nothing more than a political puppet as Bush II, Clinton or Bush I was. If you study your history or bothered to do the slightest bit of research you would know that. The currency is dying (all Fiat currencies do) and there is nothing that can be done at this point. You could cut taxes (which is a really bad idea by the way) for millionaires, corporations and anyone else you deem necessary, cut every “entitlement” program, slash the defense budget and end the wars and nothing is going to change. Put whoever you want in office and you can’t change the inevitable. But that was planned all along anyway. Check NAFTA! At this point there are two things that can be done. The first is do nothing, let it crash when the IMF decides to discontinue using the dollar as the world reserve currency, our dollar collapses and let the impending great, great depression begin. Or, prepare for a planned collapse so it doesn’t hurt so bad (which is what should be done). But this allows (thru NAFTA and the IMF) to create a new currency to replace the dollar (ever heard of the Amero?) I’ll bet you have. You people (sorry, most of you) need to take a step back and look at the entire picture; you would see that this has been going on for since before Obama was born. That’s why blaming him is absurd. Imho.
Report Post »cause_for_thought
Posted on June 9, 2011 at 12:48amDitto
Report Post »TomFerrari
Posted on June 9, 2011 at 1:16amSocialist government.
Destroyed Job Market.
Citizens Living in Fear.
MILLIONS of Illegal Aliens Flooding the Borders.
Dead People and Illegal Aliens Voting in Elections.
Supreme Court Stacked with Uber Liberal Socialist – Legislate-From-The-Bench Judges.
FORCE California to release 40,000 Convicted Prisoners Onto the Streets.
Meaningless Constitution.
Irrelevant Congress.
Fascist Policies.
Selective Prosecution.
Selective Aid to States.
Energy Prices Out of Control.
$4.50 gas ($5 in cali)
House values plummeted by half.
Runaway Food Inflation.
Inflated / Devalued Currency.
Clothing Inflation.
Thank You, Barack Hussein Obama!
Please feel free to add to my list
Report Post »seeker9
Posted on June 9, 2011 at 1:40amThese people are absolutely nuts! All depends on BHO’s words. When he was running for Pres he talked the economy down. IMHO then, using their standards, the faltering economy is HIS problem and his problem alone!
Report Post »Showtime
Posted on June 9, 2011 at 1:42amThis explains a lot about Obama.
http://homelandsecurityus.com/archives/4979
Hold onto your hats, gang — there is a bombshell coming in the news.
Report Post »Eric_The_Red_State
Posted on June 9, 2011 at 1:47amThe government will make you a MILLIONAIR – here’s how.
Report Post »First – give them a BILLION DOLLARS………
Okie from Muskogee
Posted on June 9, 2011 at 1:53amParadigmm
Well said. Both groups have lead us down this path. I don’t like BO but he is just the sham wow mouth piece as Glenn said. Same folks pulling the strings. NAFTA is a key piece of the puzzle agenda and the dollar failing is inevitable but the last piece of NAFTA.
If any of you actually herded cattle you would know you don’t run cattle, you walk them and allow them to stroll inside your guardrails until you get to the desired location. Then whips or these days hotshots (force) pushes the cattle into the coral and holding pens. Americans have been done the same way slowly herded down the path of world governance and when we get close to the coral force will be used to drive us in. Whether force is starvation like Government used in the 30′s for control or force like Syria, it will be used.
Government used the crash and starvation during the great depression to take control of much of our lives, and this time around it will be all aspects. Stock up on food and fear God only. We will survive!
Report Post »silentwatcher
Posted on June 9, 2011 at 3:38amKinda like H. Hoover when the ‘great depression’ hit. The public blamed him for the economical collapse. He lost re-election by a landslide to Roosevelt. In that sense, I hope history repeats itself.
Report Post »silentwatcher
Posted on June 9, 2011 at 3:45amWhat’s odd is that during the great depression, socialism/communism was on a big rise. The commies were capitalizing on the lost faith of many citizens. The labor unions also made great strides during the depression,,,also capitalizing on the lost faith of many citizens. But then, the rich also got richer during the depression, with many companies actually reporting profits.
any of this sound familiar??
Report Post »silentwatcher
Posted on June 9, 2011 at 3:51amFor five years before the 1929 stock market crash,,,they maintained a ‘bull market’,,,then here came the bear charging down the lane. Also sounds familiar to what’s happening now. I think our ‘prosperity’ is over for the next five years. It took ten years after the great depression
Report Post »The_Almighty_Creestof
Posted on June 9, 2011 at 3:57amBTW…have you heard Glenn’s latest ads for gold? Now he is finally mentioning that during an American financial meltdown, the government might very well sieze all gold private citizens are holding…except of course gold coins old enough to have some intrinsic value.
Wouldn’t that be a great conspiracy story? The USA secretly selling gold on the open market through 100′s of shell corporations for profit today, knowing full well (indeed, PLANNING on it) that they were eventually going to sieze it all over again?
Report Post »Jediusetheforce
Posted on June 9, 2011 at 4:01amNew World Order!!! Im going after the government when it happens…Its a peaceful secret…Lol
Report Post »*************************
Posted on June 9, 2011 at 4:15am“CNN: Nearly Half of Americans Expect Another ‘Great Depression’ in Next 12 Months”
Report Post »+
“Americans Ranked World‘s ’Funniest’ Nationality”
=
we’re do-nothing numb-skulls and the world knows it
silentwatcher
Posted on June 9, 2011 at 4:26am“I see dead people…..”
Report Post »Dustyluv
Posted on June 9, 2011 at 5:47amOnly 48%? The other 52% must be brain dead…
Report Post »Meyvn
Posted on June 9, 2011 at 6:34amAnd not only a Great Depression, but The Great Tribulation is likely in the not-so-distant future also.
Report Post »PandoraSpocks
Posted on June 9, 2011 at 7:12amOh no no…he INHERITED this mess. He’ll still be using that 7 years later should he (God FORBID) get a second term.
Report Post »barak hussein osama arafat
Posted on June 9, 2011 at 8:05amWhen we run out of food, try BBQ’d liberal with garlic and a dash of worchester sauce.
Report Post »yummy.
Av8tor056
Posted on June 9, 2011 at 8:10amBig daddy soros is loving this. His bought and paid for prez destroying the U.S.
Report Post »Want our country back
Posted on June 9, 2011 at 8:10amBe prepared, we can help each other as we always do.
God Bless America
I support Israel
Report Post »ishka4me
Posted on June 9, 2011 at 8:50amgas prices still killing us, over $4.00 still in Ct. Can’t wait to have to buy oil this winter. Christmas shopping will be hit hard, and so will businesses and then the economy will be in a severe down spiral. State taxes raised, fees raised, food raised, clothing raised, electricty raised. The worst is soon to come.
Report Post »flsnipe
Posted on June 9, 2011 at 9:46amHang on this is going to get real bad!
Report Post »SKOALBROTHER {GALLEY OF CATFISH}
Posted on June 9, 2011 at 9:46amYou all are so scared and fearful it is actually funny.
If you were strong and confident you could live a happy, prosperous life.
Report Post »Paradigmm
Posted on June 9, 2011 at 10:01am@OKIE
Report Post »In the last paragraph of your response you stated that the “Government used the crash”. This is another common misconception. Our government/politicians are and have been nothing more than talking heads presented to us by the “establishment” in order to give us the illusion that somehow we the people are still in charge. If you look deeper into the crash of 1937 you will see that the same thing happened then as this time. Yes the politicians gained a little more power but it was the banks and corporations that made out like bandits. They bought up all the smaller failing institutions thus giving them even more of a monopoly on the systems they oversee. Now look at what happened in 07/08, same thing! These are well thought out and planned events which have very desirable effects. Transmit fear through the masses thus persuading them into making choices they ordinarily wouldn’t make. Federal Reserve act, patriot act, military act, NAFTA and many, many more. In the end it’s the people who end up paying the price. So when are people going to stop taking this crap?
followthefounders
Posted on June 9, 2011 at 10:33amIf soup lines are coming again… I’m prepared to feed my neighbors (seriously) …. been stocking up at http://www.StoreNSurvive.com Be part of the solution !!
Report Post »Okie from Muskogee
Posted on June 9, 2011 at 12:09pmParadigmm
I agree. My meaning is Government used the hardship, when people were down and desperate to implement the New Deal and it transformed America into the partial socialistic state of entitlements. People were so desperate that would do anything including begging Government when most of the trouble was actually from Government.
Government is the establishment then as it is now. To me Government equals establishment. :-) sorry for confusion. I‘m positive there wasn’t any Government/Establishment officials in soup lines or living in shanti towns. Never let a crisis go to waste right? So seeing the crisis and making it worse by plowing up the ground and slaughtering millions of animals Government Establishment was able to manipulate the People to ask and like policies the People in normal times would find absurd.
When will the People stop taking it? Honestly, they won’t. Most people know nothing of the meaning of true freedom and most people today need a nanny to direct their lives. There is a small remnant who get it and they are prepared but in my belief God will will destroy the 2nd beast and all it’s followers it one hour. The only person to fear is God. With him we can walk thru the valley of the shadow of death and fear no evil. Be prepared and stay safe..
Report Post »I support God's Israel!
Posted on June 9, 2011 at 12:18pmhttp://gracethrufaith.com/ask-a-bible-teacher/why-didnt-god-prevent-911-follow-up/
Report Post »slickmeister
Posted on June 9, 2011 at 1:10pmI pray we can make it to the next election to throw this bum and his cabal out.
Report Post »Jaycen
Posted on June 9, 2011 at 1:45pm@Paradigmm
The President appoints people to key positions. President Obama appointed “administrators” who are Central Planners to key positions in the Office of Management and Budget. One is Cass Sunstein. He’s in charge of all regulations.
Can you not hear the strangled cries of American companies choking on regulation? Can you not feel the government noose settling around your neck in the form of healthcare regulation?
Oh, you’re right, the President doesn’t really have much effect on the economy…
Report Post »Bluebonnet
Posted on June 9, 2011 at 2:16pmOh well! I gonna believe O tried everything in his power to kill this country and by God’s grace, we‘ll pull out of it when we elect a new President who doesn’t have liberal mush between those mickey mouse ears. I cry for my children and family, never for myself. Wake up America, vote wisely this time
Report Post »I Hear the Wolves
Posted on June 9, 2011 at 2:28pmThe woman in the middle just said Obama doesn’t have any idea what to fix (3:45). I don’t even think she meant to.
Priceless!
Report Post »SonOfaCommunist
Posted on June 9, 2011 at 2:53pmThat’s weird…because the stimulus worked!
Report Post »Grandson of Liberty
Posted on June 9, 2011 at 2:58pmYou can’t ever be a “great” president unless you have had grave issues to deal with – we aren’t there yet and the worse it gets, the easier it is to “fundamentally change America.” BHO has no intentions of being a one term president – the Left will steal the election regardless of the outcome from the voters and we will plummet evern further into depression. This administration has shown only contempt for the people and our Constitution.
Report Post »cja23
Posted on June 9, 2011 at 6:25pmThe economy is so bad, that you could almost believe Obummer is doing it on purpose! He’s done nothing to create jobs. A good President wouldn‘t be spending so much time on the golf course with all America’s deep problems, ya think!
Report Post »Zorro6821
Posted on June 9, 2011 at 8:09pmAnother great depression? Am I missing something, seems to me we are in the greatest depression the world has ever seen. At least after the last depression we still made stuff and had jobs to go back to. Today we make nothing but burgers and fries. To me this is a far greater depression that will persist for at least a decade or more. America will never be the same again.
Report Post »PauletteW
Posted on June 11, 2011 at 5:52pmFunny, I was thinking the same thing. He has always felt a centralized government that has more control over the lives of the masses for their protection & benefit would be more preferable. This way, the feds could take from those who have and give it to those who have not. There are so many people dependent upon the government for welfare, unemployment, housing, food, etc. etc.; by now it should be obvious how dangerous continuing his policies would be. He & his supporters still think they have done a good thing. I guess if I had a big house and lot’s of free vacations around the world, I would feel the same way. Just like the Soviet Union, the political class and military officers, lived like kings and everyone else would be assigned an apartment with multiple families to share with by the same political class. There was no reason for others to work extra hard to create wealth, if the gov’t. was going to steal it to share with everyone else. Unfortunately, the massive new crop of regulations put out by nameless administration heads has stopped growth. His administration has found a lizard & a seahorse in & near the gulf, so they are suing to put them on the endangered species list. The result will be the elimination of all drilling in the gulf, unless you are a foreign co. that slant drills OUR oil just outside the borders of our control. Reed, Pelosi & many other progressive democrats have the same philosophy. Apparently, so do their constituents. We may be stuck with th
Report Post »jackrorabbit
Posted on June 12, 2011 at 1:01amI only hope we get 12 months. I would be by X’mas we are sitting in a strong downturn, and it will fall heavily after a weak sales season. I know I won’t be buying much for Christmas this year.
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