Showing posts with label Europe and Obama's lie. Show all posts
Showing posts with label Europe and Obama's lie. Show all posts

Saturday, November 26, 2011

AMERICA CANNOT SPEND ITS WAY OUT OF DEBT - EUROPE HAS PROVEN THAT

Submitted by: Donald Hank



The Market is down all six of the last six trading days, the S&P looks to be headed for a bounce today, but is this something to cheer or just an oversold bounce?
The reason for this slaughter-fest?  Continued lies by governments — specifically, those in Europe.
The “big lie” of the season (and year) is the same one we’ve run in the United States for more than 30 years: We can spend more than we take in and it will be ok.