It was supposed to be the end of the world as we know it
It was supposed to be the end of the world as we know it
It was supposed to be the end of the world as we know it
But I fine fine
On Sunday Barack Obama suggested that the world might end on Monday if Republicans did not fall to their knees before him:
Obama warns of US market crash on Monday
US President Barack Obama has raised the spectre of a market crash on Monday if the political battle to raise America’s $14.3 trillion (pounds 8.8 trillion) debt ceiling is not settled.
The stakes have risen sharply over the past 48 hours, after long-running talks between President Obama and John Boehner, the top Republican in Congress, collapsed in acrimony late on Friday night.
“It’s very important that the leadership 1/8in Congress 3/8 understands that Wall Street will be opening on Monday, and we’d better have some answers,” President Obama warned.
Failure to strike a deal by August 2, when the government has said it will no longer be able to pay all of its bills, will leave markets facing the prospect of the first ever major default by the US.
Ed Henry of Fox News noted that the world hadn’t ended on Monday and asked Jay Carney about it.
(video at link)
Ed Henry, FOX News: “But over the weekend, Democrats were saying there’s going to be a drop if there is no action. Asian markets are going to crash on Sunday. It didn’t happen. American markets didn’t crash on Monday, hopefully they haven’t crashed — why should people believe …”
Oops, said Carney.
Jay Carney, WH press secretary: “You should go on the air and tell your viewers there is nothing to worry about.”
Raise Taxes or Granny Gets It
While Obama and Geithner were attempting to scare the bejesus out of old people in telling them that their social security checks might not go out Obama was secretly assuring banks that there would be no default.
While officials from the Obama Administration raised their rhetoric over the weekend about the possibility of a debt default if the debt ceiling isn’t raised, they privately have been telling top executives at major U.S. banks that such an event won’t happen, FOX Business has learned.
Obama sought to reassure banks and frighten old people. That’s about right.
Hope and Change have been replaced by Fear and Doom.
The most dishonest man ever to sit in the White House doesn’t disappoint.
DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education.
DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed.
Except for liberals being foolish.