"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Thursday, June 11, 2009

OBAMA'S ECONOMY: AMERICANS LOSE $1.33 TRILLION OF THEIR WEALTH

IS THIS THE "ECONOMIC JUSTICE" OBAMA REFERS TO? THE WEALTH DESTRUCTION OF AMERICANS IS INTENTIONAL.


The Federal Reserve reported Thursday that household net worth fell to $50.38 trillion in the January-March quarter, the lowest level since the third quarter of 2004. The first-quarter figure marked a decline of 2.6 percent, or $1.33 trillion, from the final quarter of 2008. Net worth represents total assets such as homes and checking accounts, minus liabilities like mortgages and credit card debt.
Obama has been taught that the only way to make things right is to destroy what other people have worked so hard for.

Americans should be very afraid of what's next. It is about power, power, and more power. Obama stated in this debate that regardless of how history has proven policies and has a track record of what works to recover during a recession, it is about "FAIRNESS."

Remember THIS. What a hypocrite. Pay as you go! More BS.

There is nothing fair about STEALING and DESTROYING what we have worked for. There is nothing "FAIR" about taking away Americans hopes and dreams and shattering the path along the "Pursuit of happiness." Bastards--all of them. All the while, the GOP sits biting their nails in a corner shaking, scared to fight back. Pathetic that even the GOP, including Michael Steele, have been successfullY intimidated by the Left.

Read it ALL!

1 comment:

Reliapundit said...

SOCIALISM: AKA "ECONIOMIC JUSTICE" WHICH MEANS MAKE VERY ECONOMICALLY THE SAME - POOR!