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socialism

Obama says he does not care if the markets collapse, his (socialist) policies shall be implemented…

Obama says he does not care if the markets collapse, his (socialist) policies shall be implemented…

By PUMA Pundit on March 3, 2009

We’ve long suspected that Obama is inept and clueless as to how the economy works, but now he has opened his mouth and our suspicions have been confirmed. I guess the fact that millions of people are daily losing significant portions of their  retirement savings, college savings and emergency funds means nothing to Comrade Obama, [...]

Posted in Economy | Tagged barack obama, socialism, stock market, wall street | 6 Responses

As Dow Continues to Fall… Obama Is Running Out of People To Blame…

As Dow Continues to Fall… Obama Is Running Out of People To Blame…

By PUMA Pundit on March 3, 2009

First it was IBD with a must read editorial, now it is WSJ. Everyone except the staunchest Obamatons admit the obvious, Obama is BAD for the economy, and what is bad for the economy is bad for America… WSJ As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed [...]

Posted in Featured | Tagged aig, barack obama, capitalism, dow jones, dow jones industrial average, federal reserve, socialism | 2 Responses

Awesome… International Herald Tribune Unintentionally Admits Obama Implementing Socialism…

Awesome… International Herald Tribune Unintentionally Admits Obama Implementing Socialism…

By PUMA Pundit on March 1, 2009

For the longest time, the MSM has been quiet about the fact that Barack Obama is to all intents and purposes implementing wealth re-distribution aka socialism in the USA. The media has indeed made it seem like it is just a bunch of disgruntled conservatives chanting that mantra. Consequently, imagine my surprise when I saw [...]

Posted in Featured | Tagged barack obama, international herald tribune, New York Times, socialism, wealth re-distribution | 16 Responses

Barack Obama Declares War On Capitalism

Barack Obama Declares War On Capitalism

By PUMA Pundit on February 28, 2009

What is Socialism? Simply put, it is the state ownership and/or  administration of the means of production and distribution of goods. Which is the exact thrust of Obama’s economic policy. Either way, here’s an awesome article from Larry Kudlow @ CNBC… Let me be very clear on the economics of President Obama’s State of the [...]

Posted in Featured | Tagged barack obama, capitalism, cnbc, larry kudlow, marginal tax tate, private equity, socialism, tax-hike, venture capital

National Debt By 2010

Awesome! Obama on Course To Double National Debt by 2010…

By PUMA Pundit on February 27, 2009

Common sense dictates that you don’t spend what you don’t have on what you don’t need. It also dictates you don’t borrow money you can’t pay back. Alas, these two nuggets of wisdom are obviously lost on Barack  Obama who has decided that it makes sense to spend close to double what we currently bring [...]

Posted in Featured | Tagged barack obama, budget, deficit, national debt, socialism | 41 Responses

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