Archive for April, 2011

Stuck in the ‘Beltway Deficit Feedback Loop’ – New Republic (blog)

Stuck in the 'Beltway Deficit Feedback Loop'
New Republic (blog)
This is the Second Great Depression. It just looks different, but in its own way, it is just as bad. Who will be the first person (taken seriously nationally) to come out and say so? This is the Second Great Depression. It just looks different,

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Treasury Secretary Geithner promotes Obama deficit plan in Detroit visit – The Detroit News

Treasury Secretary Geithner promotes Obama deficit plan in Detroit visit
The Detroit News
the deficit can be done — that the president who accomplished it all can be trusted. "This is going to be a formidable challenge for us," Geithner said. "It's not as hard as what we've just achieved in averting the risk of a second Great Depression."

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Unparalleled misery – Times Press Recorder

Unparalleled misery
Times Press Recorder
Yet, now they are threatening to plunge the United States into financial default and a second Great Depression, and devastate the world economy as well, as financial chaos and destruction hundreds of times greater than any tsunami or earthquake wrecks

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US Debt Limit 101 – Center For American Progress


Fox News
US Debt Limit 101
Center For American Progress
The national debt then increased under President Obama by approximately $3.5 trillion as his administration inherited the costs of rescuing the US financial system and fought to prevent a second Great Depression upon taking office.
5 Fun Facts About the Fight Over the Debt CeilingAlterNet
Debt-Ceiling StrategiesNational Review Online

all 295 news articles »

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‘Fight of the Century: Keynes & Hayek Round Two’ rap video – Daily Caller

'Fight of the Century: Keynes & Hayek Round Two' rap video
Daily Caller
claims that the recession is over thanks to his theories and that without the boost in aggregate demand created by hundreds of billions of dollars in government stimulus packages, the country might have spiraled into a second Great Depression.

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With no opponent and barely 558 days left, Obama has already become Campaigner … – Los Angeles Times

With no opponent and barely 558 days left, Obama has already become Campaigner
Los Angeles Times
Because of you, we were able to prevent a second Great Depression. But in the next few years, we've got to make sure that the new jobs and industries of our time are started right here in the United States of America. In the next few years,

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Mr. Bernanke speaks – Daily Camera

Mr. Bernanke speaks
Daily Camera
Mr. Bernanke took these extraordinary measures to prevent a financial collapse whose consequences might have included a second Great Depression. And it seems clear that the Fed`s actions have indeed extinguished the threat of a deflationary spiral.

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US ‘not out’ of financial crisis, says Kenneth Rogoff – BBC News


BBC News
US 'not out' of financial crisis, says Kenneth Rogoff
BBC News
Kenneth Rogoff: Well, I mean it worked in the sense we didn't have a second Great Depression, but I think the idea that you can just keep juicing up the government in keeping the economy going, which some people still clung to, is really gone.

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Letter: When it comes to fiscal disasters, Trump is experienced – MPNnow.com

Letter: When it comes to fiscal disasters, Trump is experienced
MPNnow.com
Sure, Obama came into government at the brink of a second great depression, but he turned it around and it didn't actually happen. He took over the auto industry that Republicans pronounced dead, but he resurrected that too. What experience does a guy

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GOP leading rush to end – Santa Maria Times

GOP leading rush to end
Santa Maria Times
Yet, now they are threatening to plunge the United States into financial default and a second Great Depression, and devastate the world economy as well, as financial chaos and destruction hundreds of times greater than any tsunami or earthquake wrecks

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