Biden Admission: Obama Plan Doomed

Vice President Joseph Biden's admitted that the Obama Administration's economic recovery plan was predicated on egregiously inaccurate forecasts! Washington warned that without the Obama stimulus, unemployment, then at 7.2 percent, would rise above 8 percent in 2009 and peak at 9 percent in 2010.Yet, only midway through 2009, the unemployment rate is already 9.5 percent and rising.It is clear from the trial balloons set aloft by the Obama administration for a new stimulus program that they have no viable solutions to solve the economic crisis!

London:March 2009:The Trend is Clear

This was London last year!

This is London 2 months into this year...

These are some images of Central London taken this weekend.
A pciture tells a thousand words.

No need for me to say more.

Jobless Claims Spike To 26-Year High.....

While new budget spends $11,833 for every American

U.S. Economy: Consumer Confidence, Home Prices in Record Slump

Feb. 24 (Bloomberg) -- U.S. consumer confidence collapsed this month and home values plunged in December, the latest evidence of a deepening economic slump that Federal Reserve Chairman Ben S. Bernanke today warned may last into 2010.
The Conference Board’s confidence index dropped more than anticipated to 25, the lowest level since data began in 1967.Another report showed home prices dropped a record 18.5 percent from December 2007.