The Coming Obama Depression?
Posted by rightwinger on November 15, 2008
Peter Schiff’s predictions about our current and future economy is uncanny. Add to this the fact that Obama still intends to raise taxes even though we are in the midst of a recession leads me to believe even more that an Obama depression is looming. The shocking fact is that Obama was complicit in the sub prime mortgage crisis because he represented ACORN to sue banks for not making subprime loans. Once in the Senate he along with the black caucus and Dems continued to stonewall the Republicans and prevented any reforms from passing while Franklin Raines made $90 million and Jamie Gorelick made $24 million while Fannie Mae cooked the books. America you just voted the fox into the hen house!
This next video is almost unbelievable, but may be true. Gerald Celente warns of the following by 2012:
1. America will be the first undeveloped country
2. Revolution, food shortages, riots, marches
3. Food instead of gifts for Christmas
The scary thing is that Gerald Celente correctly forecasted the 1987 stock market crash, the dot-com bubble, the housing bubble. Watch this video and see how bad Obama is going to screw up the US economy.