Barack Obama Is the New Jimmy Carter

[redrumloa]

http://www.cnbc.com/id/42067433

The current inflation scenario is reminiscent of the 1970s and the transition of economic dominance from the United States to China is already well under way, Harvard Professor Niall Ferguson told CNBC Monday.

Geopolitical events all add up "to a pretty bearish scenario because of all the inflation implications we're seeing right now," Ferguson said.

"At best case, we're going to re-run the 1970s, only with Barack Obama instead of Jimmy Carter in the White House," Ferguson said.

 

[Robert]

If only - at least Carter appeared to have integrity.

 

[metalman]

The rejected Carter Obama Time magazine cover

The rejected Reagan Obama Time magazine cover

 

[metalman]

Michael Ledeen: "What Would a Desperate Wimp Do?"
[youtube:1kvr0t7g]iN2ytOrQJBU[/youtube:1kvr0t7g]

Transcript

RUSH: No, because I was reading from Michael Ledeen's piece. What did you hear me say? What's the quote? What did I say?
CALLER: You called Jimmy Carter a wimp.
RUSH: Snerdley, this is one of the worst actors that you have found.
CALLER: I'm not an actor!
RUSH: Oh, yeah.
CALLER: You think I'm an actor?
RUSH: Well, I know that my company is out hiring actors to call radio shows. They deny that they're having them call here, but you're making me wonder.

:roflmao: