Saturday, August 8, 2009

The effects of media destabilisation

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11 comments:

Anonymous said...

Nobody said the world is not in a recession, but this government has brought all the problems unto it self, but creating scandals after scandals instead of governing the country as it promised the people. We cannot blame the media because it was that same media who caused them to win in the first. The media also caused Obama to win over Clinton.

ray said...

The opening sentence of your article is entirely bullshit. You are obviously clouded by the fact that our new president black. Mr. Obama is causing serious damage to our current economy and the economic future of our children is in jeopardy. We have never had a leader with as little experience spend so much money. You can only blame Bush for so long but at some point Obama will have to start taking responsibility and STOP blaming eveyone else. Ask the people of Canada why they are in us hospitals all the time. the reason is socialized medicine is a failed approach. Thank you and God bless the United States of America

ray said...

Now that I have read the rest of the article I would recommend that the author take a class in journalism followed closely by a swift kick in the ass by a good history professor. Nuff said

Anonymous said...

Ray, you're a right-wing wack, and you're as stupid as Palin. I live in Canada and we don't flock to the US, they actually come over here for cheap meds, so shut your Palin pie hole.

Anonymous said...

WHY OBAMA FAILED

Don't believe the Obama Administration rhetoric about how the American economy has just turned out to be so difficult and they are doing the best they can. While the economy is still getting worse, the truth is the recovery is long overdue. The National Bureau of Economic Research dates this recession as starting some time during December, 2007. The longest recession since World War II was 16 months, with the average being 10 months. The current recession has now lasted 19 months. By this reckoning, Americans should have had a normal cyclical recovery at least 3 months ago.
When President Obama was hawking his stimulus package costing the American people close to $1 trillion with interest, he told Americans that it would prevent the unemployment rate from rising above 8%. If we didn't pass it, he said, unemployment would go to 9%. He and his Administration savants also promised that the stimulus package would go to work reviving the economy immediately. As written in the Wall Street Journal,
Once the stimulus passed, Democrats said the impact would be PRACTICALLY INSTANT.
House Majority Leader Steny Hoyer (D-Md.) predicted "AN IMMEDIATE JOLT."
Economic adviser Larry Summers said, "YOU’LL SEE THE EFFECTS ALMOST IMMEDIATELY."
White House Budget Director Peter Orszag said it would "TAKE ONLY WEEKS OR MONTHS" to be felt.
Obviously, President Obama and his incompetent economic gurus didn't know what they were talking about. Not only is unemployment today at 9.4%(with an additional 1 or 2% not looking for work), but even the Obama Administration is now saying it will go over 10%. President Obama is now changing his story, saying the stimulus was never supposed to work this fast, and it is really a two-year program. But if the economic was in such tragic shape when he came into office, why didn't he develop an economic program that would work faster?
President Obama also told us when seeking approval for his stimulus that it would create or save 3 to 4 million jobs. But America has already lost 7.2 million jobs from this recession, so President Obama spent close to a trillion taxpayer dollars on his stimulus to do half the job, even if it worked as planned. Since January when President Obama entered office, America has lost over 2.8 million jobs. So the stimulus as yet is not working as planned.
Indeed, it was obvious from the beginning that the stimulus as designed was going to create or save exactly zero jobs, because it was based entirely on old-fashioned, throwback, Keynesian economics, proven not to work over and over. The stimulus package involves just borrowing a trillion dollars from the private economy to increase government spending in the economy by a trillion dollars.

Anonymous said...

You people forget who the master architect was, so go blame him, it's your stupid George Bush. Obama is trying to undo all the stupid things that he and his right wing kooks did.

Anonymous said...

Palin is from Alaska, poor thing, her brain is frozen in time.

Anonymous said...

St Lucians if you do not live in the uS or Canada, you do not have much to say bacause you dont' even follow all of what's going. You all are missing the point so stop the BS.

Anonymous said...

Talk about what's going on in St Lucia - the corruption. Apparently the newspaper company "THe Voice" run out of words and was looking for words to fill up their paper.

Anonymous said...

You're right, Palin has alot of words cuz she's never been able to stop talking.

Anonymous said...

MR OBAMA IS NOT our PRESIDENT AND THE the united states economy is not our economy.ST .LUCIA IS AN INDEPENDENT COUNTRY WITHIN THE BRITISH COMMONWEALTH OF NATIONS.
IF GOD HAS TO BLESS THE UNITED STATES OF AMERICA FOR HOW IT DOES THINGS THE THAT gOD IS NOT WORTH S..T