An EXCELLENT piece from ‘The American Thinker’!…. OBAMA AND THE LOOMING FINANCIAL CRISIS <<<<<< Check it out!
An excerpt for you….
“The debt ceiling crisis in the US revealed to the world two disconcerting realities: 1) Barack Obama is inept and incapable of being a leader and 2) the debate brought out the overwhelming scale of the fiscal challenges in the world’s largest economy. This was further exacerbated by a dramatic revision of the nation’s Gross Domestic Product in the previous two quarters to virtually stagnant levels. A report that consumer spending (which accounts for 70% of US economic activity) had dropped to its lowest level since September 2009 — in the midst of the 2008-2009 recession. Lastly there was a surprising drop in the manufacturing index in July indicating a significant decline in that sector.”
“There could not have been a worse time to have as the President of the United States someone so self-absorbed, incompetent, and without coherence in his personal beliefs as the titular leader of the free world. The odds of the United States and the world experiencing another recession and a far worse financial upheaval than in 2008 increase exponentially as long as he remains in office and the American economy is held hostage.”
This man has got to go!