CNBC’s Rick Santelli says Tim “Tax Cheat” Geithner was lying when he told the Chinese there is no risk of monetizing debt in the United States.
“We lost an additional 345,000 jobs in the month of May. That was far less than expected.”
Republicans Blast Obama Administration as Jobless Rate Hits 9.4 Percent
Republicans cite the latest unemployment figures as evidence that President Obama’s $787 stimulus package isn’t working.
FOX News
Less than four months after the Obama administration argued that unemployment would top 9 percent only if Congress failed to pass a massive trillion-dollar “stimulus” spending bill, the Labor Department reported Friday that the jobless rate had soared to 9.4 percent, the highest in 25 years.
In pushing to get his $787 billion stimulus package passed in Congress, President Obama’s economic team said that without the federal spending jolt, the unemployment rate would hit 8.8 percent by the last fiscal quarter of 2010. With the package, his advisers argued, the unemployment rate would reach only 7 percent.
US Unemployment Rate Gallops Ahead of Expectations
VOA
The White House says America’s employment picture is worse than the Obama administration had anticipated just a few months ago. The somber admission follows the latest jobless report showing the highest unemployment rate the United States has seen in more than 25 years.
Wild Thing’s comment………..
There is no question that they are Arrogant.
There is no question that they Hate America.
Barack Hussein Obama is intentionally sinking the U.S. economy. INTENTIONALLY destroying us. Those accusations are of Treason.
I sure hope Obama fails, if he does then we will see America survive and be able to recover from this Muslim Monster.
Geitner lying??? Bwahahahaha
A Bode chart can be made to look good if the given planes are skewed, exponential values swapped with linear values etc. Even that sphere we call earth can be made flat,it depends on who is doing the charting, trouble is people believe what they are told or see, too freakin’ lazy to research the truth. Come April 15, 2010 they might just have a grasp of what they have lost. On second thought, they’re Democrats, incapable of grasping reality. Ooooom!!!!!
Also Jack, a hell of a lot of them don’t pay taxes anyway. But once the inflation dragon(monetization) takes over then there will be a lot of crying, whining and moaning. Inflation affects everyone.
Giethner is a punk who is in the wrong place, he should be in jail.
He is still alone in the Treasury Department and who can blame any prospective applicants for not even applying for the job. I believe when the bottom drops out Timmy will be the first one decimated and chopped off at the knees. You know Obama isn’t going to take the hit on this one.
And of course, it will be Bush’s fault, somehow some way they will try to hook Bush into this mess and blame him.
That has got to come to an end. When it does, then you will see some very angry Americans. When Americans get angry there is no worse enemy.
Where’s Pelosi? Bwahahaha, not that I miss her mind you, but that diversion has been, uh , diverted. Nothing is done without careful choreography by and for TOTUS and his puppet regime.
LOL I love all your comments.
Thank you all so much!!!
Yes where is Pelosi heh heh