Former Federal Reserve Chairman Paul Volcker, an adviser to President Barack Obama, said he doesnât expect consumer spending to spur growth, and the U.S. and other developed nations face the prospect of protracted joblessness. ____________________________________________________ Humm. Isn't this the guy, the ass clown that OBAMA had as an adviser,...ohhh yes it is! And yet the DEMS claim that "Things" are improving...and that the 3 trillion printed worked! Please remeber the above ass clown and all his possy in the Whitehouse, and Congress when you vote in NOV. Otherwise, you job may be next.
dude, what are you smoking? volcker is one of them who gets it. hes someone who has battled inflation first hand and won, done whatever it took to kill it. obimbo only pulls him out of the closet when he wants some credulity. the rest of the time, they ignore everything he says,.
Goldman Sachs Group Inc. said the U.S. economy is likely to be âfairly badâ or âvery badâ over the next six to nine months. http://www.bloomberg.com/news/2010-...y-to-be-fairly-bad-recession-is-possible.html BTW, Volker lost all his credibility with me when he supported Obummer. Neither he nor Buffet did their homework on Obummer.