DNC Spokeswoman Melanie Roussell - On KPCC, Southern California public radio, Roussell admits that stimulus money meant for the American economy was spent overseas.
This week the talk of economic stimulus and planned moves by Iran in the Strait of Hormuz boosted prices of both of these commodities on Tuesday.
Germany, France, Italy, and Spain have agreed to spend 1% of GDP on new stimulus measures. Where is the money coming from? They will not say. Most likely from somewhere else, better known as nowhere.
There are literally umpteen thousand quotes on the Internet about “expectations” and any one of them explains outright why Barack Obama will lose the upcoming election.
If there wasn’t a financial crisis in Europe, God- that is Obama- would have to invent one, just to turn the fire hoses on the rest of us.