Euros Economic Depression Biggest Yet

The European Union is a deep, deep depression.  The Bank of England recently has informed it’s leftist government that the financially failing nanny state may have run out of the capacity to borrow any more money.

German has not been spared. Their economy is facing the an economic meltdown worse that Japan’s “Lost Decade”.

Read it here in the London Telegraph.

The declaration was made as it emerged that Eu-rope’s biggest economy has now suffered a worse “lost decade” than Japan and is deeper in recession than any other major economy.

On a day of dismal news for the European economy, official figures also showed that Italy, Austria, Spain and the Netherlands are facing their biggest combined slump in post-war history, sparking warnings about the potential for social unrest throughout Europe.

Now these are the economies that POTUS ObowMA is pointing to as a “shining example” of how America should run it financial policy.   These sagging, failing economies it appears did a lot to bring the American economy down and bring on the current recession.

Blogger American Thinker puts up the real numbers and show why it was NOT the Bush policy, but the socialist Euros who brought the world economy down.

Bush Was Right!

Spread this around before it is removed from YouTube.

This video clearly shows that George Bush warned Congress starting in 2001, that this economic crisis was coming, if something was not done. But Congress refused to Listen, along with the arrogant Congressman, Barney Frank.

This video says it all.  The liberal media reportedly did not want this video on YouTube; it was taken off.

This link is of the same video, but is routed through  Canada. Everyone in America needs to see this before it is  Yanked off the Internet again!  Let’s see how far we can spread it before it’s  Pulled it off the Canadian site

Is GovMo Near Collapse?

The top executives of Government Motors, once known as General Motors, Tuesday dumped hundreds of thousands of shares of stock in their own company!

This was reported Tuesday May 12 on the Fox News Channel and in the on line pages of the Wall Street Journal.

O-bow-MA’s bailout of GovMo has placed the United Auto Workers as 55%  majority owners of the failing company.  The question is will the new GovMo owners put the viability and future competitiveness of the failing automaker above the interests of the workers?  Perhaps the top executives have answered that question with they sell orders!