Former Obama Economic Adviser Christina Romer Chuckles at S&P Downgrade of US Credit Rating … “We’re F*cked”
Doesn’t this speak volumes of the Obama Administration and those that were put in charge of the US economy.
During an interview with Bill Mahr, former Obama economic adviser Christina Romer chuckled at the S&P downgrade of the US credit rating and said,“We’re F*cked”. Nice, this from an individual who was originally part of Obama’s economic team that was supposed to fix the economy and get Americans jobs. Many of us knew we were “F’d” the minute that Obama became president.
Click on pic to watch the VIDEO
Transcript from NewsBusters:
BILL MAHER, HOST: So, excuse my language, but we used to do a segment on this show called “How F—ked Are We?”
(VIDEO CLIP)
MAHER: I didn’t expect that there. This, just before we went on the air they said our rating got downgraded.
CHRISTINA ROMER, FORMER CHAIR OF THE COUNCIL OF ECONOMIC ADVISERS, OBAMA ADMINISTRATION: So, pretty darned f—ked.
[Laughter and applause]
MAHER: Ooh.
ROMER: I’ve been hanging around Tim Geithner too long.
[Laughter]
MAHER: Why, does he swear like a sailor?
ROMER: Oh, like a seventh grade boy.
Remember when Roemer said that the “Fundamentals of the US Economy Are Sound?” Just curious, had Barack Obama got his initial wish of a clean debt ceiling bill, raising the debt ceiling without any conditions, it would seem that the S&P also would have downgraded the US anyways.
Posted August 6, 2011 by Scared Monkeys Barack Obama, Budget Deficits, Economy, Federal Deficits, National Debt, Obamanation, Obamanomics | 2 comments |
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When the American people fall into the trap of a slick “Snake Oil” salesman, this is what you get.
This president and all his socialist buddies and those in the wall street and big banks are at the root of the problem.
Bailing out the banks and handing out 787 billion of our dollars to those who don’t derserve them is one reason why we are downgraded in the bond market.
It is time to clean house in the federal government and make everyone, no exceptions, pay something to get this debt under control. Too many are in the wagon with their hands out for those who are working to pull the wagon to keep it going.
[...] has left office. Even Obama’s former economic adviser Christine Roemer has stated that we are “pretty darn F*CKED”. Geithner is one of the few original economic advisers that remain from Obama’s original [...]