With the market for Obama merchandise collapsing, and the Treasury selling a record amount of debt to finance a budget deficit that totaled $1.4 trillion in fiscal year 2009, central banks around the world are increasingly snubbing dollars in favor of euros and yen.American economists favoring government-planning policies failed to predict the remarkably swift collapse of the “Obama merchandise bubble,” leaving hapless investors stuck with Obama pins, t-shirts, and Chia Pets. “These Obama paper dolls aren’t worth the paper they’re printed on anymore,” said one victim of the bursting bubble.
Associated articles: Washington Post; New York Daily News; http://www.msnbc.msn.com/id/33063420/ns/politics-white_house/; http://bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o; http://online.wsj.com/article/SB10001424052748704107204574470961505506386.html; http://www.breitbart.com/article.php?id=CNG.a9c1d8758a5fc4e5ede14d5a3ec887ad.661&show_article=1
No comments:
Post a Comment