Obama: Global Economy 'Back From the Brink'

President Barack Obama says action by the Group of 20 nations since April has 'brought the global economy back from the brink.' He said coordinated efforts have saved millions of jobs and set the world on the road to economic accountability. (Sept. 25)

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• obama
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• economy
• back
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[treid100182]

I am seriously becoming disillusioned with OBAMA!!!!!!

Is he trying to destroy his whole voter base???

Why is he war mongering??!!!!

He is proving to be far from the progressive he pretended to be.

He better stop all this middle-east war shit!!!!!!!!!!!!!!!!!!!!!!!!!

we need things at home, god damn it!

[drewd1987]

YOU LIE!

Things have only become worse!!

[p3rfectinsaniity]

YOU LIE

[luigibattista10]

GuardoLiberty. Amen my friend. :)

[1981footboy]

Thanks. That's what Obama 's speech means. I get it ,now.

[fox9ninja]

True i suppose, but when Andrew Jackson eliminated the central bank in 1841, the country immediately fell into recession because of the instability. Don't get me wrong though, I am definitely not defending the national bank. It provides way too much unconstitutional power in the hands of a few men and it does way more bad than good. We need to develop a banking system that can't send us into spiraling debt and inflation, and that doesn't provide so much power to the 8 or so bankers that own it.

[GuardofLiberty]

Not a fan of it, even though the stuff it says about central banking is on the mark.

[GuardofLiberty]

No, central banks do nothing but inflate and allow the government to spend a ton of money they don't have.

For a very detailed explanation, watch my video Fascism: A Love Story. I've got a lot of links in the sidebar.

Zeitgeist...blah.

[fox9ninja]

i watched the documentary film "zeitgesit" the second one, and although there are some debatable topics in the film, it did open my mind to the concept of how the fed creates money out of thin air, and then there is an ever continuing interest on the money, and since the fed creates all of the money, its like a never ending spiral of debt of monetary slavery. I'll admit that a national bank does somewhat help in stabilizing the economy, but the fed is killing our nation.

[sharinganclan213]

how is printing 787 billions of useless paper money recovering the economy? that just lowers the value of US dollar and will raise taxes in future, and increases inflation.

[GuardofLiberty]

LOL. All an illusion. It's just the Matrix. Once these banks start lending out the new money that provides the illusion of "recovery" en masse, the fed will either have to raise interest rates to stop massive inflation, which will cause quite a shock, or it will try to keep them low and in so doing, kill the dollar.

Either way, this is a completely phony recovery.

That will be the time when we are 'welcomed to the real world.'