Romney Presidency Led to Ruin of 2014
Posted: Wed Aug 22, 2012 6:54 am
WASHINGTON - Deregulation of banking and other businesses and eliminating taxes on the wealthy were at the forefront of President Romney's pledge at his inauguration on Jan 20, 2013. A year and a half later, economists point to this as the root of the worse economic collapse in history.
White House Press Secretary Glenn Beck admits that in hindsight, that "some regulations should have remained, and yet we were caught up in the excitement of the times and were confident the horse was actually white".
Fox financial editor, Neil Cavuto, adds a note of optimism to the crisis saying, "While the current world financial outlook may be experiencing a downturn, it still is a good time to buy gold". He also repudiates MSNBC's claim that he is out of it and too coked up to understand the current crisis. "Let them find their own coping mechanism", he retorts. In the mean time he thinks a long term solution may be found in the Utah State Legislature's recent resolution to secede from the Union and reestablish the Kingdom of Deseret. "It is not binding, but only a suggestion, and will not disrupt the Interstate 80 transport of uncut coping mechanism", according to Mr. Cavuto.
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White House Press Secretary Glenn Beck admits that in hindsight, that "some regulations should have remained, and yet we were caught up in the excitement of the times and were confident the horse was actually white".
Fox financial editor, Neil Cavuto, adds a note of optimism to the crisis saying, "While the current world financial outlook may be experiencing a downturn, it still is a good time to buy gold". He also repudiates MSNBC's claim that he is out of it and too coked up to understand the current crisis. "Let them find their own coping mechanism", he retorts. In the mean time he thinks a long term solution may be found in the Utah State Legislature's recent resolution to secede from the Union and reestablish the Kingdom of Deseret. "It is not binding, but only a suggestion, and will not disrupt the Interstate 80 transport of uncut coping mechanism", according to Mr. Cavuto.
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