Obama's Spending Spree, Budget Numbers "Have All Gone Mad," Analyst Says

Obama does not have a clue, He was not ready to be president, that should have been clear to everyone.

Obama Has his own Tactic to get The Market Confidence. All I can say, American, You Need To be Health in finance, No More Credit Card Babe, No More Girl, No More Child, No More.......and No More......Just Doing Ordinary Life. Trust In GOd. And The Path Will Open For You

Obama Has his own Tactic to get The Market Confidence. All I can say, American, You Need To be Health in finance, No More Credit Card Babe, No More Girl, No More Child, No More.......and No More......Just Doing Ordinary Life. Trust In GOd. And The Path Will Open For You

As Geithner mentioned, the Bush Tax cuts and his increase in medicare added 6 trillion because they never paid for it. Then tack on the war. Somehow Obama is getting the blame for all this, come on now.

Oh the doom sayers will love this one. TT is all about you today. You asswipes keep listening to this negative spin while I take your money in the market. LOSERS

Roubini can't hold this guys Depends, Davidowitz is the true Mr. Doom.

"The Obama administration recently announced the U.S. budget deficit will be $9 trillion during the next decade; $2 trillion higher than the original forecast." Folks, please remember that this is the Obama Administration's forecast. Government projections are always going to be understated (for political reasons) well below what the actual deficits will turn out to be. Our unfunded future Federal liabilities now stand somewhere between 60-100 TRILLION dollars. Welcome to Argentina, my friends.

Obama appears to me to be determined to push through his plans to satisfy his own ego..he cares nothing about the average citizen, young or old..I am glad I am 82 years old, my fear is for m;y grandchildren and their children saddled with his debts..money does not grow on trees and his printing press could break down.

And there goes the American dream. Too bad we don't know how to make anything, our AG products are only good enough for heavily processed "food" put in bags or boxes, we depleted our oil reserves for the sake of bloated cars and pickem-up trucks and our government is run by lobbyists. If only we could sell our expertise is buying junk on credit, throwing it away and replacing it with more junk. What is really sad is a relatively small group has made a mess for our children. You know the one's, they either got bailed out or will walk away owing nothing due to the wonders of our legal system.

Spot on pthlsstrvld

Another opinion.

Obama doesn't care and may hope the economy tanks. All he cares about is making us a socialistic society.

As I stated before.....U.S. voter stupidity got us in this mess. Now We'll all just have to live with it.

yep, and the sooner they stop trying to patch the broken parts of the old economy, and finally start thinking about getting back to basics, and building the new, the sooner we willl be out of trouble. All this borrowing probably added years to the depression we are in or heading into.

Obama does have a clue. He's doing exactly what he said he would do and precisely what his socialist mentors have inculcated.

That's right dude, keep pumpin the short side. I think your so short you can't stand it.

How can you not like this guy????? Even if you don't agree with him, he's great entertainment first thing in the morning!

Anytime some "expert" compares now to the depression signals what an inept moron he is or he is just manipulating the masses or morons in this case to live in fear while he shorts companies to make money off of you whimps. Sad that he even has a following but TT is full of this crap.

Unfortunately Mr. Davidowitz is right on track. The rise in the stock market is due to excess liquidity in both the Chinese and American investment banks (day trading). Individuals are not driving this market.

Gee morons you think this guy may be shorting stocks?