We Called it Yesterday and: Is Rush Limbaugh Psychic?

We called it yesterday in our posting "Would You Buy a Used Economy from this Man?" Now the "Bailout Plan" to the tune of $ 700 Bn is being called into question. We thought so. See the links below. And, worse news, the economy and jobless rate and foreclosure rate is hitting the skids ever harder. Where will it all end? Are the Visigoths preparing to sack the developed world?

All this, and the republican pundits are chomping at the bit to pre-blame the President-elect for the state of the crisis. How is this reasonable? Don't these folks have any shame nor any sense of responsibility for the wrong-headed bilge they are spewing? For the CNN Video story of Nov. 12, 2008 see: http://www.cnn.com/video/#/video/podcasts/incaseyoumissed/site/2008/11/12/in.case.you.missed.it.11.12.cnn?iref=videosearch

Mr. Limbaugh even says Mr. Obama's ideas are causing the problems with the economy. Now, we know that Mr. Limbaugh is well-respected - even beloved - by his listeners and fans - we even acknowledge that he is a great broadcaster. But, Rush, how can you claim to know that Mr. Obama's ideas are causing a panic-run on the economy?

Mr. Limbaugh, are you indeed, psychic? Do you and the other whining conservative pundits have some sort of ESP? By what metric do you measure the effect of these ideas on the economy? Is it the tinfoil hat and dowsing rod metric? Ah-hah, see, the witching rod - errr, rather the dowsing rod is pointing at Obama! It must be all his fault!!! Please, stop vomiting up the bilge and at least try to get it right - errr, that is the opposite of wrong. It's just irresponsible - not to mention desperate. If you are truly a conservative, then act like one and take the responsible path. Otherwise, we will continue to view as dangerously irresponsible and desperate.

Speaking of responsible, we'll re-issue a little more on yesterday's posting. Why is Mr. Paulson playing some sort of shell-game, three-card monte with our $ 700 Bn? We have a right to expect more from somebody who is handling such a treasure. Please show us a little more respect with our money. You just don't do it with that enormous sum of money.

Germany's economy falls into recession

http://news.bbc.co.uk/2/hi/business/7726162.stm

China startled by force of crisis

http://news.bbc.co.uk/2/hi/asia-pacific/7727237.stm

Global Market Meltdown Continues

http://www.cbsnews.com/stories/2008/11/13/business/main4597851.shtml

Economic group says developed world in recession

http://news.yahoo.com/s/ap/20081113/ap_on_bi_ge/eu_world_economy;_ylt=AsK4YFipX1jMLOHp2uagQoys0NUE

Where's the Money Going? Grading Paulson's Bailout Plan

http://abcnews.go.com/GMA/story?id=6244049&page=1

Bailout Plan Under The Microscope

http://www.cbsnews.com/stories/2008/11/13/national/main4597690.shtml

Jobless claims unexpectedly hit 7-year high

http://www.msnbc.msn.com/id/27697122/

Foreclosures claim 85,000 homes in Oct.

http://www.msnbc.msn.com/id/27687154/

Bailout lacks oversight despite billions pledged

http://www.msnbc.msn.com/id/27689267/

FDA to detain some food shipments from China

http://www.msnbc.msn.com/id/27698241/

Study: Calif. dirty air kills more than crashes

http://www.msnbc.msn.com/id/27697708/

1,300 babies still hospitalized from tainted milk

http://www.msnbc.msn.com/id/27680657/