Thursday, December 10, 2009

Market-Ticker | Insanity: Doing The Same Thing (Obama) - dumb and then there is dumber

There is dumb and then there is dumber. Our President has crossed from one to the other, no doubt egged on by the failure of his policies thus far to take root:

WASHINGTON - President Barack Obama outlined new multibillion-dollar stimulus and jobs proposals Tuesday, saying the nation must continue to "spend our way out of this recession" until more Americans are back at work.


You can't spend your way out of a debt problem any more than you can drink yourself sober. This sort of bankrupt policy is an attempt to stop this:



READ MORE:

http://market-ticker.denninger.net/archives/1713-Insanity-Doing-The-Same-Thing-Obama.html