GM will lose an additional 14 billion, piled onto the 11 billion lost in stock transactions and the 6.6 billion taken from unknown sources (I am thinking Fannie or Freddie) to "pay back the government 5 years early" (a preposterous lie told by the Obama administration in March of 2010.
28% of homes "for sale" come from foreclosures.
11% of American homes are vacant.
We are at 9% unemployment (10% if you believe Gallup).
422,00- first time unemployment applicants.
A GDP that has hovered just above zero for nearly three years, now.
And Obama and Company can only propose a third round of printed money (quantitative easing #3) and raising taxes. . . . . not a single "new" idea in the house and when I say "new," I am comparing "today" with two years ago. They have spent us into the poor house trying failed policies over and over again and will not admit their obvious failures.
No comments:
Post a Comment