Monday, November 10, 2008

Obama worst president on economy since Herbert Hoover

http://www.worldnetdaily.com/index.php?pageId=80642


Monday, November 10, 2008

Dow to hit 6,000

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FROM JEROME CORSI'S RED ALERT
WorldNetDaily Exclusive
Dow to hit 6,000
Obama predicted to be worst president on economy since Herbert Hoover


Editor's Note: The following report is excerpted from Jerome Corsi's Red Alert, the premium online newsletter published by the current No. 1 best-selling author, WND staff writer and columnist. Subscriptions are $99 a year or $9.95 per month for credit card users. Annual subscribers will receive a free autographed copy of "The Obama Nation," the blueprint for Obama's first term in office.

The Dow Jones Industrial Average is heading for a new low of 6,000 as Barack Obama prepares to assume the presidency in January, according to a new report from Jerome Corsi's Red Alert.

Red Alert accurately predicted the Dow Jones Industrial Average would hit a pre-election bottom of 8,000, a forecast fulfilled in mid-morning trading Oct. 10.

Now Red Alert's author, whose books including "The Obama Nation" and "Unfit for Command" have appeared atop the New York Times best-sellers list, is predicting a President Barack Obama will set new lows across the board, earning for himself a reputation as the worst U.S. president in modern history when dealing with economics.

The Dow will hit a new low of 6,000 in the fourth quarter 2008, most likely reaching that mark sometime in the next two months, probably in late November or early December, Corsi predicts.
"We are confident the mainstream media, which did every possible bit of cheerleading to get Obama into office, can be relied upon to proclaim him a genius following every decision he makes," he said.

"Unfortunately, economics tends to be a function of reality, not hype."

Get Jerome Corsi's "The Obama Nation," the blueprint for Obama's first term in office, here now!

Corsi predicts Obama over the next four years will lead the U.S. into the worst global depression it ever has experienced.

"Red Alert is confident that within one year, even an economic failure like President Herbert Hoover will look like a genius when compared to the failures we are likely to see from a President Obama," he wrote.

10 comments:

Anonymous said...

Sounds like another extremist trying to blame someone other that the current administration for the failures. Its too bad you exist. Sad.

Sam and Bunny Sewell said...

I have noticed this strage logical disconnect before. I post an article with proper citation as to who wrote it and who published it and then some idiot thinks I am the author.

Your brain doesn't exist or it is hidden in a dark smelly place.

Anonymous said...

You put the site up Hitler.

Sam and Bunny Sewell said...

"Hitler"? I am pleased to leave your post displayed for all to observe your IQ and character.

I have some compassion for your frustration. It must be difficult to live in San Bernardino County, California. To be a liberal in a Republican dominated area can be difficult.

In case you are one of those liberals with a failing grade in civics here are the facts:

In the state legislature Upland is located in the 31st Senate District, represented by Republican Robert Dutton, and in the 63rd Assembly District, represented by Republican Bill Emmerson. Federally, Upland is located in California's 26th congressional district, which has a Cook PVI of R +4[3] and is represented by Republican David Dreier.

Anonymous said...

obama makes bush look like an extreme conservative. I'm very sorry I voted for him already.

Anonymous said...

Obama is ruining our country! We are so screwed. The worst president ever. Every day my wife and I ask ourselves: WHAT CAN WE DO?

Anonymous said...

Obama is kicking the underpinning, the foundation of this country right out from underneath it's feet, bit by bit and while it will be work to get it back on the proper track, as long as the American people wake up, it will be possible.

The one thing I have to stress, that I don’t think has been properly elucidated, is in regards to how we get the conservative message across, even beyond media outlets where we must go head to head against the idiot talking drive-by drones and the liberal education establishment is a basic question. Why we are who we are?
Understand that for most of humankind’s existence he/she has never been free, even though that is a state where he/she achieves happiness and productivity and allows the fellow next door or in another part of the world to do similarly, so long as freedoms are not compromised for either. For most of humankind’s existence his/her freedom and productive has been owned and managed by tyrants and governments. If we are born with certain unalienable rights, given to us by God and Nature, how is this possible?

It is possible because we are not perfect and we have not perfectly evolved as we seek to be masters of our environments and free from what nature would or might do to us if we fail to make intelligent decisions and choices that move us forward as free individuals, achieving better lives for ourselves and our posterity; ultimately we do this by trading both commodities and ideas that allow us to die in a world that has advanced far beyond the one that we were born into.

Conservatives ascribe to the betterment of our species through individual liberty and freedom while others pursue that same objective, though a tribal concept, via forced solidarity, consistent with tribal socialism. In many respects the latter was part of our evolutionary heritage and it should be part of a past that is just as dead and buried as slavery and unequal suffrage. Unfortunately it is not yet vestigial and in fact the very part of our character that incites us to improve ourselves, by controlling our environment and personal lives, so that we can happily prosper, is the same behavior that stimulates others to achieve the same results by putting other men and women into bondage. Self-interest, or selfishness as Obama puts it, for the sake of ones self, family and friends is a virtue that improves society for all, not because that is its’ intent or purpose but because that is the natural result of such a process, as long as it does not trespass upon another’s freedom and liberty; that same self-interest, in a collectivist environment, paid for by the loss of individual freedom, stifles productivity and guarantees waste and inefficiency, once again, not because that was its’ intent, but because that is the natural result of such a process.

We are not born with the interest of the tribe in mind, but with our own interest in mind. Ultimately pursing our own self-interest benefits all because when we trade with each other, each party in the transaction comes away better off than they were before the transaction. This is why freedom and liberty is the true nature of man, despite the fact that throughout history some have used their freedom and self–interest, to achieve power and success, by confiscating and suppressing the natural rights for the citizens of entire nations. That is also why we need ordered liberty and why our government, through its’ founding and governing documents, was designed to insure that no tyrant, no criminal, and no mob, either domestic or international, would compromise American liberty and freedom.

In affect we get the conservative message across not by just teaching CONSERVATISM, which is the natural state for humankind, but on the contrary, by arguing to defeat SOCIALISM, because when socialism is defeated, liberty, freedom and justice for all is what remains and conservatism thrives.

Almost invariable, each of us is born right-handed and we are also born with an inherent conservative behavior that is intertwined within our DNA. Would it not be strange if each of us had our right arm tied behind our back, from birth, to force us to use our left? That in effect is what liberalism does. It teaches principles, as early as it can, that violate humankind's natural birthrights and instinctive pursuit of happiness that are ingrained and intertwined within our DNA.

Anonymous said...

Thus so far, only shy of 2 months in office, this is what YOUR president has achieved- For those MORONS that voted away their own rights and liberties all in the name of punishing conservatives (which may have been a good thing as REAL conservatives are forced to wake up from the trance they've been in for the past 20 years!)

-Pork bill loaded up with TRUE tax cuts for the rich Hollywood producers. The left insists that the Bush tax cuts were for the rich. They're so stupid that their stupidity actually pains a tree branch in the middle of some far off unknown area in South America! Those in the lowest tax bracket actually saved 5% under bush while the highest only saved 4.6% you idiot liberals. AND, if you look at how much someone who makes a million a year pays compared to someone who makes 50k a year, the millionare pays 35% while the guy who makes 50k pays only 25% (if you filed as a married couple it's only 15%!!!!) so for all you stupid liberals, just where do the rich get more in tax cuts???? Please, what am I missing here you fucking retards?

-Lets people freeze in Minnesota and people don’t say anything about FEMA then. Imagine if these people froze under bush's watch? We'd never hear the end of FEMA and bush's lack of care for old folks and so on and so on... Just like FEMA was GW's fault when the dams broke in the Katrina storm... (ridiculous but let's be fair here. They blamed bush for the levies in New Orleans so isn't it Obama's fault that FEMA didn't get to the folks who froze?)

-Fear mongering about our economy to scare us into voting for this retarded bill. In one speech alone, we heard the word "CRISIS" over 40 times!) Oh, and by the way, for all you CNBC and MS LSD watchers, the present economic meltdown was created by about 6 liberals who put the CRA into effect in 95' (actually was put into affect in 77' under Carter but adjusted and tweaked against the wishes of a republican congress under the Clinton administration.)

-4.1 billion to acorn in this bill, a bunch of crooks. 5 million to hollywood producers, a couple of billion for condoms and safe sex education, and on and on... NOT a stimulus, just a bill! A bill loaded up with a "dreams come true" list of items by liberal democrats added up over years I might add. Oh shit, we're in trouble!

-The libs are now letting out 30% or so of the criminals from the California jails since they can't afford to keep them there anymore and the conditions aren't "good enough" for them. Yet the libs will make sure the mexicans get their medicare and food stamps! Brilliant! Going back to what I said recently which is... "how many liberal laws and ideologies have killed Americans and people in general?" Here's a perfect example.... incredible. And yes, they want to take our guns on top of it so when the mexicans are looting and killing and crime goes up through the roof, we can't defend our families or ourselves. I love libs! God bless them, brilliant group of jerks! No money for new jails but plenty of money for a bunch of people who aren't even US citizens AND are here ILLEGALLY! That's right, libs don't play by the rules and laws that the serfs and peasants play by- just look at all of this administrations cabinet picks... ALL OF THEM ARE MONEY LAUNDERERS AND TAX CHEATS!!!! And when I say "all of them", I mean ALL OF THEM!!!!

-Passing everything through executive orders. Doesn't he know what the senate and house is used for? Apparently not. Not only that but the dems were caught on video the other day on C span telling each other to give the republicans the wrong day to show up for a vote on a bill. Lovely folks. Not only that but Obama, pelosi and fag reid don't put anything through the house or senate anymore for the opposition to vote anymore. Did someone say monarchy or despot? Not quite there but getting there quickly...

-No more lobbyists says obama? Yeah, he means AFTER all HIS lobbyists are appointed, right obama?

-Forcing caps on salaries for banks that took loans from the gov. This is a good idea, maybe the banks won't take the loans, go out of business and let the smaller banks absolve their losses and grow. Wow, capitalism, imagine that? The weak die, the strong survive. What a concept!!!!

-Closing of gitmo. Great idea! The world will love us again. I'm so excited!!!

-Most likely going to slip in another version of the fairness doctrine and stop talk radio behind closed doors on a Friday evening (or morning???) at around 4 am.... Schmuck.

-His first call to any head of state as president was to Mahmoud Abbas, leader of Fatah party in the Palestinian territory.

-His first one on one interview with any news organization was with Al Arabia television.

-He ordered Guantanamo Bay closed and all military trials of detainees halted.

-He ordered all overseas CIA interrogation centers closed. He withdrew all charges against the masterminds behind the USS Cole and 9/11.

-Recently we learned that he is allowing hundreds of thousands of Palestinian refuges to move to and live in the US at American taxpayer expense.

-Stopped the hearings against those who plotted and designed the Yemen USS Cole bombings and world trade center bombings.

-Plans on releasing TERRORISTS prisoners (those in Gitmo) on bonds in OUR neighborhoods! That's right, YOURS and MINE as well! I'm sure he'll stick them in republican represented areas only. Gee, thanks... what a guy you are O-dick-head! Well at least the terrorists who aren't protected under the Geneva convention will be released and will once again be back with their lovely terrorist families, plotting again to take us out- By the way, did ya all see the one that was let out under Bushs' watch in Dec. of 07??? He now heads up Al Quaida!!! Another brillant president...

-Giving Gordon Brown (the Prime Minister of the UK) a DVD set in return for a gift that every US incoming president receieves (but Obama actually had the gaul to return that gift while embarrassing this country in an unprecedented way.) A DVD set!!!! What the #*@*???

-Released the guy who tried to blow up the trade centers in 1993.

-Talks of capping salaries to $500k for EVERYONE and already did it for those banks who took the TARP money. PS, wasn't the governement, the left inparticular, the reason why those banks needed the bailout money? Hmmm....

-Changed the law that allows people in the highest bracket to get charity tax write offs, which will affectively put 49% less in those organization's pockets who receive charity!!!! Can someone say POWER HUNGRY??? I mean, why would anyone do something like that? He's effectively stopping those who donate to charity from donating in the middle of a time that charities need the donations more than ever!!!

-Plans on adding another 2.7 trillion to our deficit to his already ballooned 1 trillion in only 1 month! This makes him the president who has spent more than ALL the previous presidents together and that’s in ONE MONTH!!!! If we spent 1 million dollars a day from the time this country first saw european settlers (that's over 400 years ago.), we still couldn't spend what this president has spent in only 1 month! Incredible and makes one think, even if you were a stupid Obama supporter...

-Obama puts Kathleen Sebelius in charge of healthcare. She is known for allowing illegals to get free health care in Kansas as well as IN STATE tuition, something American’s can’t even get!!!! She’s also broken the legislative law when she enacted her whacked out global warming laws that crushed the coal industry in Kansas.

-Talks of hiking taxes in the middle of a border line depression!

-Got rid of the “voucher” program that enabled poor children and those who are less fortunate to attend schools that offer a better education, thus keeping poor black children right where he wants them, poor and in the ghetto. No change here either as the left continues on with its 60+ years of despicable education policies made to indoctrinate the children starting at a young age geared to keep them in low places thru the teaming up of deceptive teacher’s unions and the unrepresentative democrats. All in the name of keeping them dumb and voting for the left! Thank you for being concerned with the "little guy" you elitist bastard commie leftist goofballs!

-Is discussing “card check”, a system that would enforce the unionization of businesses throughout America at the wish of the employees through a “vote”. That means that if 50% or more of the employees (even if you’re employees are drooling morons who can barely clean toilets… (trust me, they exist!), decide that they want YOUR company to become a union, you have to make it a union.) And then they (the employees), can decide on what they want to get an hour, what days they want to work all while making it impossible to get fired if they’re a goof off moron. That will do wonders for America’s already ineffective and uninspired employees! YES! This is CHANGE WE CAN BELIEVE IN FOLKS AND IT’S ONLY BEEN 2 MONTHS!!!! YES! Thanks to all the shit heads who don’t know history, economics and politics that voted for this guy. PS, McCain would have sucked too! We need a REAL CONSERVATIVE!!!!!!! Where are they all????

Anonymous said...

No doubt about it: Obama is a modern-day Hitler. Only a few months into his administration and he has already proven to be the worst president ever! Impeach Obama Now!

clwalker said...

Obama is destroying the pride that America has always had. I find it hard to be proud of the United States when He is going out of his way to make us look like the bad people in the world. I think he is trying to destroy us from within,On purpose.