Romnesia

[mobes23]

Not really when we've had 3 rounds of it and the last one is open ended. More Obama means more artificial pumping of the monetary supply. We'll feel it in a few years big time.

When QE happens, it's in the news and every knows it and understands the implication. On the other hand, the problems I'm pointing to are not obvious or generally understood. Obvious problems (like QE) are easier to adjust to than insidious one. I hope I'm wrong about it, but if I'm not, if/when the bubble finally does burst it'll be a huge drop in the markets coupled with a long term mistrust of the markets and the recovery will be slower than what we've seen from the financial crisis of 2008.

 

[Denny Crane]

^^^ Hence warp 9 straight for the sun.

 

[Mediocre Man]

Obamnesia.

[video=youtube;acc6Wn_BWlk]

I have always preferred Obamanation

 

[PapaG]

Obama now using diagnostic terms most commonly associated with cancer in his "Romnesia" bit.

Obama: We had a severe outbreak last night. (Applause.) It was at least stage three Romnesia.

Floundering...

 

[mobes23]

"Stages" is a descriptor used in oncology, but it's also used for other conditions. I've also seen it used for Alzheimer's, which would be relevant.