Obama: “Everybody thinks they’re economists”

Pressed_Rat · Feb 6, 2009

More blatant hypocrisy from King Hussein.

http://www.infowars.com/obama-everybody-thinks-theyre-economists/

Obama: “Everybody thinks they’re economists”

Paul A. Volcker (center), pictured here with other minions of the bankster elite, will run Obama’s supposed Economic Recovery Advisory Board.

Infowars
February 6, 2009

The Associated Press reports:

President Barack Obama says in Washington these days, everyone’s an economist—or thinks they are.

Obama introduced a team of outside economic advisers Friday at a White House ceremony in which he also renewed his demand that Congress act quickly on his economic recovery package.

As the country struggles with the worst financial crisis since the Great Depression, Obama said there has been no shortage of advice on how to solve the nation’s woes.

“You’ve got some economists and some folks who think they’re economists. By the way, these days everybody thinks they’re economists,” he joked.

Obama made his funny while announcing members of his Economic Recovery Advisory Board — or more precisely, the board cobbled together by his globalist masters. It will be run by none other than Paul A. Volcker, the former Fed mob boss who thinks Americans have been living beyond their means for too long. “It is the United States as a whole that became addicted to spending and consuming beyond its capacity to produce,” Volcker lectured the Economic Club of New York in April, 2008. “It all seemed so comfortable.”

It will all become exceedingly uncomfortable and sooner before later if Volcker and the globalists have their way.

“As previously announced, the inestimable Austan Goolsbee will serve as the Board’s Staff Director and Chief Economist,” reports Jake Tapper for ABC News.

Austan Goolsbee is the guy who told the Canadians back in April of 2008 during the election campaign that Obama really didn’t mean it when he declared he would “renegotiate NAFTA.” It was just a parlor trick designed to fool the American people.

“Obama adviser Austan Goolsbee told a recent CFR meeting that ‘free trade is not the enemy,’” the Washington Post reported on November 3, 2008.

“Goolsbee is widely reported to have told Obama not to back a compulsory freeze on home mortgage foreclosures to help the struggling middle class in the current depression crisis, as demanded by former candidate John Edwards,” Webster Tarpley wrote on February 4, 2008. Tarpley also reveals Goolsbee’s connection to the elitist occult Skull & Bones club.

It is apparently a joke to Obama and his handlers that so many Americans are now talking about economics. Obviously, we should leave the economy up to Obama’s board of establishment insiders, never mind the appointed boss of this globalist coterie of corporatist economists has stated you are living too high on the hog.

Here is the full list of folks who will be punching your meal ticket:

1. William H. Donaldson, former Chairman, SEC
2. Roger W. Ferguson, Jr., President & CEO, TIAA-CREF
3. Robert Wolf, Chairman & CEO, UBS Group Americas
4. David F. Swensen, CIO, Yale University
5. Mark T. Gallogly, Founder & Managing Partner, Centerbridge Partners L.P.
6. Penny Pritzker, Chairman & Founder, Pritzker Realty Group
7. John Doerr, Partner, Kleiner, Perkins, Caufield & Byers
8. Jim Owens, Chairman and CEO, Caterpillar Inc.
9. Monica C. Lozano, Publisher & Chief Executive Officer, La Opinion
10. Charles E. Phillips, Jr., President, Oracle Corporation
11. Anna Burger, Secretary-Treasurer, SEIU
12. Richard L. Trumka, Secretary-Treasurer, AFL-CIO
13. Laura D’Andrea Tyson, Dean, Haas School of Business at the University of California at Berkeley
14. Martin Feldstein, George F. Baker Professor of Economics, Harvard University
15. Jeffrey R. Immelt, CEO, GE

Click to expand...

drew5147 · Feb 6, 2009

More corporate favoritism...

Stay in your place, peon!

You don't know anything about how we rape your economy!

zihger · Feb 7, 2009

Obama: “Everybody thinks they’re economists”

Translation- All insights and opinion are worthless unless they come from me or my advisors.

drew5147 · Feb 7, 2009

Ahem!

You mean handlers, right?

zihger · Feb 7, 2009

It really makes me wonder ho much insider trading is going on with these inside guys.

Really they know when government contract will go thru or not if and when pharmaceuticals will be approved, new government war budgets get approved.

I bet they walk out of these meetings and “call the wife” and say “put dinner in” or “take the dog out” and the stock trader goes to work. And the top 1% make profits while the average joes 401k or pension drops.

Fyrenza · Feb 7, 2009

zihger said:

It really makes me wonder ho much insider trading is going on with these inside guys.

Really they know when government contract will go thru or not if and when pharmaceuticals will be approved, new government war budgets get approved.

I bet they walk out of these meetings and “call the wife” and say “put dinner in” or “take the dog out” and the stock trader goes to work. And the top 1% make profits while the average joes 401k or pension drops.
Click to expand...

The traders, too.

Could you imagine being employed by the firm that a bunch of gov types use? If you could mirror their trades with some of your own, you'd make all that they did...

Must be nice.

zihger · Feb 7, 2009

Reminds me of when Bush got a little bold in some of his stock trades.

On June 22, Bush sold his 236,140 shares of stock anyway for a net profit of $848,560. The very next quarter, Harken announced losses of $56 million, which continued to the end of the year when the stock "plummeted from $4 to $1.25."
The subsequent SEC investigation ended in 1992 with a memo stating "it appears that Bush did not engage in illegal insider trading,"

As President, Bush has refused to authorize the SEC to release its full report on the Harken investigation. When the Rangers franchise was sold for $259 million in 1998, at a total profit of $170 million, Bush personally received $13.9 million for his $600,078 investment
http://en.wikipedia.org/wiki/George_W._Bush_insider_trading_allegations

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Obama: “Everybody thinks they’re economists”

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Obama: “Everybody thinks they’re economists”

Pressed_Rat Do you even lift, bruh?

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