Monday, February 16, 2009

Chicken Littles everywhere!

That liberal pro-Obama rag The Wall Street Journal -- headline (9/18/08):

Worst Crisis Since '30s, With No End Yet in Sight

From the article:
"This has been the worst financial crisis since the Great Depression. There is no question about it," said Mark Gertler, a New York University economist who worked with fellow academic Ben Bernanke, now the Federal Reserve chairman, to explain how financial turmoil can infect the overall economy.
International Monetary Fund:
America's mortgage crisis has spiralled into "the largest financial shock since the Great Depression" and there is now a one-in-four chance of a full-blown global recession over the next 12 months, the International Monetary Fund warned today.
WaPost:
The worst financial crisis since the Great Depression is claiming another casualty: American-style capitalism.
But Obama's fear-mongering!

Someone tell Dr. Mrs. Putz.

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