Obama discusses economy, markets in advisers call

[Phantom]

Obama discusses economy, markets in advisers call | Reuters

President Barack Obama held a conference call with top economic advisers on Wednesday to discuss newly released grim data that has raised fears the economy is at risk of a new downturn.

Treasury Secretary Timothy Geithner and White House advisers Christy Romer and Larry Summers took part in the call with the president, who is vacationing on the Massachusetts island of Martha's Vineyard.

Government reports on Wednesday showed new single-family home sales slumped to the slowest pace on record in July and orders for costly durable goods were soft, heightening fears about the economy's direction.

 

[goldengirl]

Obama discusses economy, markets in advisers call | Reuters

Let them eat cake.

 

[Deuce]

Let them eat cake.

I am confused as to how exactly you came to this conclusion from reading that article. Oh wait. You're blindly partisan!

 

[ScottD]

Let them eat cake.

I just replayed Portal and this statement is so tempting, I must resist the urge...

 

[Cold Highway]

Obama: So whats the deal?

Economic Lackey #1: Uhmm Mr. President we're ****ed

Obama: How bad?

Economic Lackey #2: Try Jenna Jameson, ****ed. Sir

Obama: Dammit

 

[Morality Games]

He will be criticized no matter what he does. The foremost duty of the Head of State in a democracy is to be the scapegoat for society's collective failures.

 

[Conservative]

He will be criticized no matter what he does. The foremost duty of the Head of State in a democracy is to be the scapegoat for society's collective failures.

Interesting video that is no longer available in the U.S. Markets. For those that continue to blame Bush for the economy looks like a lot of Democrat fingerprints on the economic problems we have today.

YouTube - Timeline shows Bush, McCain warning Dems of financial and housing crisis; meltdown