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| Economy |
| Recession on its Way With 2nd Obama Term |
| 2012-11-07 |
| The United States is headed for a recession during President Barack Obama's second term, renowned financial guru Steve Forbes predicted Wednesday. "We won't get a depression, thankfully. This is still a very resilient economy, but we will have a recession," Forbes, chairman and editor-in-chief of Forbes Media, told Newsmax.TV in an exclusive interview. "Raising taxes on capital, raising taxes on small businesses, which we will likely get now, particularly since the Republicans did so badly in the Senate races, that is going to pose a real burden. "We have Europe doing the same thing: piling on new taxes, Japan piling on new taxes. The Federal Reserve is going to continue to undermine the dollar, which is going to hurt small and medium-size business. It's going to be very tough sledding next year." |
| Posted by:Au Auric |
| #2 The more deeper + prolonged be the economic chaos, the better for justifying the set-up of extra-national/sovereign, you-betcha-we're-interdependent NAU + other OWG "Global Federal Unions" polities around the World. Washington, DC aka Capital of the World's "Sole" Superpower/Hyperpower will become lower than at NAU-or-Higher level of OWG/Global Governance. 'Tis why Amerikkans must lose their current Constitutional right to bear arms + other Constitutional/Civil rights, as OWG-lowly Washingtoncritters don't want to be shot or hanged from the nearest tree, etc. by the US mainstream for anything detrimental that comes out from the future NAU, Trans-, + OWG. The "Birther" Controversy > NATIONALISM-VS-ANTI-NATIONALISM/GLOBALISM = are Americans = Amerikans willing to follow the US-specific Policies + Decisions of OWG NAU Leaders-Personages whom have little or no ties to America + all things American or Americana, who were NOT born in America andor never fought for America or any American Political-Econ-Military-Social issues, + whom live or reside in foreign countries e.g. CANADA + MEXICO, OTHER??? D *** NG IT, AMERIKA, SUPPORT STARFLEET COMMAND! |
| Posted by: JosephMendiola 2012-11-07 20:28 |
| #1 Europe is going down. Recession big time. They say thats why our stock market dropped so much today. This will choke our economy as well as China and others. In my opinion Obama will print more money, raise taxes and attack the wealthy just as François Hollande of France has done. He has already raised taxes yes, look for even greater increases. |
| Posted by: Dale 2012-11-07 13:02 |