teapartysamurai
Gold Member
- Mar 27, 2010
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"It seems that almost every bit of data about the health of the US economy has disappointed expectations recently," said Riddell, in a note sent to CNBC on Wednesday.
"US house prices have fallen by more than 5 percent year on year, pending home sales have collapsed and existing home sales disappointed, the trend of improving jobless claims has arrested, first quarter GDP wasnt revised upwards by the 0.4 percent forecast, durables goods orders shrank, manufacturing surveys from Philadelphia Fed, Richmond Fed and Chicago Fed were all very disappointing."
News Headlines
Now here's the money quote from this that reminds you this article comes from the liberal media:
"QE3 anybody?" asks Riddell.
YIKES!
So the answer to an economy that Obama and his cadre of genius are actively destroying is ANOTHER ROUND OF FAILED MEASURES???????
Oh man, election day 2012 CANNOT COME SOON ENOUGH.
Good grief!