Hooverism in the U.S. & in Europe

[StarsInHerHair]

http://eurasia.foreignpolicy.com/posts/2010/12/21/europe_in_2011_crisis_and_opportunity

http://www.guardian.co.uk/business/2011/jul/26/gdp-figures-economic-growth-targets

"GDP figures mean Britain will miss its economic growth targets
UK economic growth forecasts of 1.7% now look unrealistic, economists warn"...

https://writechic.wordpress.com/2008/12/13/gop-embraces-neo-hooverism/ <---& SO DOES OBAMA


http://www.thepaltrysapien.com/2011/01/austerity-or-neo-hooverism/

..."a major event that has been completely lost in all the hoopla around the State of the Union Address–the results of Britain’s control by the “austerians.” Seems the magic pixie dust of radical government cuts hasn’t induced the confidence fairies to wave their wands and produce economic growth. In fact, the opposite has happened with Britain double-dipping into a new recession. D’uh. "....

http://www.danablankenhorn.com/2010/06/rampant-hooverism.html

..."How does laying people off put people to work? How does spending less cut your debt if you're also, by doing so, earning less?"...


http://www.washingtonsblog.com/2011/03/top-economists-trust-is-necessary-is.html

http://www.washingtonsblog.com/2011/07/top-reagan-aids-raise-taxes-on-wealthy.html

http://georgewashington2.blogspot.com/2009/06/hit-corporate-big-wigs-who-commited.html

CLAWBACK THE BANKING CARTELS ILL GOTTEN GAINS

[damntexdem]

1. And the Hoovervilles will be houses with underwater mortgages.

As well, of course, as the streets.

[badtoworse]

2. No need for a clawback

The bailouts were loans and they've been repaid.

[StarsInHerHair]

3. not the bonuses the Banksters gave to themselves