Who Needs Oil in a Recession?
The US economy is sliding back into recession and with US debt at 90% of GDP the government doesn't have the juice to produce another stimulus. Spain's credit rating was downgraded today and the Dow responded by diving at the close for the worst May performance since 1940. Obumba and the democrat congress are still hell-bent to turn america into Marxist Spain despite the fact that the Iberian experiment is an utter failure. Who could argue that the president and congress aren't actively destroying america?
The magic negro has set his sights on destroying the oil exploration industry by suspending off-shore oil exploration operations indefinitely. All of those soon to be laid off oil workers will certainly help an economy slipping back into recession. But lawyers will make fortunes suing BP and Transocean, so Obumba and the congress won't care. Obumba gets two wins out of the oil spill, the gulf population becomes wards of the welfare state and the US will be dependent on foreign oil forever.
The president won't be honoring fallen American heroes this weekend but instead will be celebrating the coming death of america on another vacation.
The magic negro has set his sights on destroying the oil exploration industry by suspending off-shore oil exploration operations indefinitely. All of those soon to be laid off oil workers will certainly help an economy slipping back into recession. But lawyers will make fortunes suing BP and Transocean, so Obumba and the congress won't care. Obumba gets two wins out of the oil spill, the gulf population becomes wards of the welfare state and the US will be dependent on foreign oil forever.
The president won't be honoring fallen American heroes this weekend but instead will be celebrating the coming death of america on another vacation.
Labels: economy
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