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Title: With economic recovery sputtering, Obama stumps for stimulus program
Source: forbes.com
URL Source: http://billionaires.forbes.com/article/00wTcDm9iFbGd?q=Barack+Obama
Published: Jul 8, 2010
Author: WaPo/Frobes
Post Date: 2010-07-08 17:00:30 by WhiteSands
Keywords: Economy, debt
Views: 2467
Comments: 12

The company -- which plans to add 50 new employees, doubling its workforce -- received a $32 million Recovery Act grant to help launch the assembly plant. "At this plant, you are doing more than building new vehicles," Obama said. "You're helping us to... Full Article at The Washington Post

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Begin Trace Mode for Comment # 3.

#2. To: WhiteSands (#0)

Depression since 2007.

Less than a jobless recovery 8 years previous.

Get rid of the Top 50 000 households and you free up 40 cents on every $ made.

mcgowanjm  posted on  2010-07-09   9:23:02 ET  Reply   Untrace   Trace   Private Reply  


#3. To: All (#2) (Edited)

Thursday, July 8, 2010 Baltic Dry Rate Continues To Plunge The Baltic Dry, which contrary to what some may claim, actually is one of the best leading indicators on global trade and thus the health of the economy, continues to plunge, and is now below 2000, hitting fresh 14 month lows, at 1940. It is now at the levels last seen during the March 2009 "generational" low, and just after the Lehman bankruptcy. Yet futures are up as initial claims beat expectations by 6,000 very statistically relevant people.

Read more: http://thecomingdepression.blogspot.com/#ixzz0tBvBdkPL Under Creative Commons License: Attribution

Get reasdy for gold at $600.

Oil at $30.

DJIA at 5400.

by Xmas at least.

Oh Yeah. And I forgot this:

Home Prices Could(WILL) Go Down Another 50% The housing market continues to deteriorate. Thursday's report on May pending home sales was down 30% from the prior month and nearly 16% vs. a year ago. The market weakness spans the country. Sales in the Northeast, Midwest and South fell more than 30%, the bright spot, the West, only fell 21%.

Read more: http://thecomingdepression.blogspot.com/#ixzz0tBxQffi3 Under Creative Commons License: Attribution

mcgowanjm  posted on  2010-07-09   9:26:24 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: All (#3)

Obama wants to do econ stimulus?

He can just ride british petroleum's back. Hard.

TEOTWAWKI

As Seen On WDSU Homepage > New Orleans News Hundreds Of Fishermen Missing Checks From BP BP Gives No Indication Of When Payments Resume

POSTED: 11:47 pm CDT July 7, 2010 UPDATED: 8:37 am CDT July 8, 2010

mcgowanjm  posted on  2010-07-09 09:31:44 ET  Reply   Untrace   Trace   Private Reply  


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