Let's copy Europe!

[AWK]

or fucking not...

Eurozone economy 'in dire straits'

As if Europe needed more bad news, a report Thursday showed a big drop in manufacturing activity across the eurozone.

The Markit eurozone PMI composite output index, more commonly known as a survey of purchasing managers, fell to 45.9 in May, according to the preliminary reading. That's down from 46.7 in April and marks a nearly 3-year low.

Any reading below 50 is a sign the manufacturing sector is shrinking, and economists say the weaker-than-expected PMI figure bodes ill for second-quarter gross domestic product in the troubled currency zone.

GDP, the broadest measure of economic activity, was essentially unchanged in the first quarter, meaning the economy didn't grow at all. That was still considered a mildly positive outcome, since many forecasters had expected the economy to have tumbled into recession in the first quarter.

Thursday's report is a stark reminder that all is not well in the euro area, which is also grappling with a potentially devastating sovereign debt crisis.

"All in all, today's dismal PMI figures clearly indicate that the eurozone economy remains in dire straits," said Martin van Vliet, an economist at ING.

http://buzz.money.cnn.com/2012/05/24/eurozone-economy-in-dire-straits/?hpt=hp_t2

/wrists

[GH2001]

Yeah, no shit. This is what a lot of people have been saying the last decade. Venezuela, North Korea, Cuba, Soviet Union - let's be like those collosal failures. China was also becoming one until they got smart economically and started using macro supply side policies like Hong Kong and Tawain. Although they still treat their people like shit.

[Tarheel]

or fucking not...

http://buzz.money.cnn.com/2012/05/24/eurozone-economy-in-dire-straits/?hpt=hp_t2

/wrists

The Pharaoh Obama is doing his best to manage the global economy in a responsible manner.

Besides, this is Bush's fault anyway.

[GH2001]

The Pharaoh Obama is doing his best to manage the global economy in a responsible manner.

Besides, this is Bush's fault anyway.

It's every President's fault since Wilson, at least those who INCREASED entitlement spending. Wilson, FDR, Truman, Johnson, Nixon, Carter, Bush 1, Bush 2, Obama.

[Tarheel]

It's every President's fault since Wilson, at least those who INCREASED entitlement spending. Wilson, FDR, Truman, Johnson, Nixon, Carter, Bush 1, Bush 2, Obama.

But the Pharaoh Obama had nothing to do with it.

[GH2001]

But the Pharaoh Obama had nothing to do with it.

He has taken what the previous 20 Presidents did total and matched it in 3 years

[Tarheel]

He has taken what the previous 20 Presidents did total and matched it in 3 years

Yes, well, that may be true but it was only to correct the colossal mess that he inherited from Bush 43.


You know, in all seriousness, if the electorate of this nation are stupid enough to re-elect The ONE then I pray that we won't completely loose it by letting the Dems take control of Congress.  The only problem with that is that a divided government cannot get rid of the boondoggle of Obamacare (and that's assuming that the Supreme Court doesn't strike it down in part or in entirety).

[Saniflush]

http://www.inis.gov.ie/

http://www.workpermit.com/uk/uk.htm

http://www.immi.gov.au/

[dallaswareagle]

He has taken what the previous 20 Presidents did total and matched it in 3 years

Shows you how good he is. 

[Tarheel]

http://www.inis.gov.ie/

http://www.workpermit.com/uk/uk.htm

http://www.immi.gov.au/

Tempting but no.

I will not be run out of my country.

...