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Obama says-again-no Double Dip Recession, Summers threatens we will have one. WTF???

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 05:58 PM
Original message
Obama says-again-no Double Dip Recession, Summers threatens we will have one. WTF???
In his press conference, Obama said yesterday " we don't have the danger of a double dip recession".

Today: Larry Summers -- not technically a member of the administration -- is warning of a double dip if the taxes aren't passed, and the message is aimed squarely at Democrats.

Read more: http://www.businessinsider.com/team-obama-has-its-hank-paulson-on-his-knees-moment-2010-12#ixzz17Z1TZemk

Is Obama the only person speaking for himself?????
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 06:01 PM
Response to Original message
1. It's the fear card n/t
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Hell Hath No Fury Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 06:01 PM
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2. I think they brought ol' Larry out --
Edited on Wed Dec-08-10 06:02 PM by Hell Hath No Fury
to scare us into backing the tax cuts. I have no doubt the WH got some SERIOUS pushback yesterday, from Congressinal members, advocacy groups, and rank and file Dems. They need to get us in line, and fear is the best way to do it.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 06:06 PM
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3. Lies and the Lying Liars who Tell Them
was a very good book. And still true.
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jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 06:09 PM
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4. Hey Larry. Is that Yellow for Elevated or Red for High? n/t


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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 06:22 PM
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5. We never got out of the first one n/t
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Nite Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-08-10 07:07 PM
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6. I thought that was
he said at the press conference.
Guess the reaction wasn't working out the way that they thought so they had to change the facts a little to get some fear going in congress.
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pokercat999 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 08:51 AM
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7. Obama is correct, no "Double Dip" instead
we are in for a complete collapse and years of depression. And oh by the way, the fucking first "dip" hasn't stopped for actual people, just for the rich (Obama) and soon to be ultra rich (Obama).

Do us all a favor asshat, resign now and jump on the money making wagon....
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-11-10 01:50 AM
Response to Reply #7
8. Agreed
We never undipped, and the big dipper is about to crash out of the constellations.

Obama needs to just stop. He's done enough Bushit for one "Democrat".
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