Monday, August 24, 2009

If you knew there was going to be a run on the banks what would you do?

Warren Buffett believes our Country could become a Banana Republic. Mish believes that there is a backlog of foreclosures this will have a further impact on the economy. Bill Sardi believes we are just a day away from Economic Chaos. Unemployment edges up to levels of those during the Great Depression.

Bernkanke believes we are at the bottom of the crisis; he, the administration and others are wrong. We are far from the bottom of the current crisis . Unemployment will continue to rise and further societal problems will occur in the not to distant future. Things must turn around in 2010 and Obama must not be re-elected in 2012 if we are to save our Country. Even with a turn around in 2010 and 2012 we have to dig ourselves out of this mess.

The question of the day is do you think we are in recovery or do you think we have yet to hit bottom? If we have yet to hit bottom what are you doing to protect your family and prepare for a further downturn in the economy?

Quote of the Day - "There is simply no comparison between Obama and Bush. Heck, there is no comparison between Obama and any other president in US history. You have to be intellectually dishonest to blame Bush for "rampant uncontrolled spending" while praising Obama for responsible spending." Randall Hoven

The above quote comes from a great article in the American Thinker titled Cognitive Dissonance: A Case Study. The article as well as my links in todays post are must reads and musts shares.

Spelling and grammar errors as well as typos are left as an exercise for my readers.

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