Why the Greatest Depression of All Time Has Begun

By Wayne Allyn Root

I predicted doom if Obama was elected. Sadly the results are far worse than imagined. The economy is in shambles. America is staring at economic disaster - Armageddon. Even I, the eternal optimist, am scared at what the future holds. We are the Titanic, headed straight for the iceberg. America has always been a land of boom and bust; it’s just part of the business cycle. But Obama and his socialist cabal have channeled Hoover and FDR, who turned an ordinary bust into The Great Depression, with a toxic strategy of more government, more spending, more debt, more rules and regulations strangling business, higher minimum wages, more power to unions, more entitlements, higher taxes, more printing of money by the Fed, and trade tariffs. This is the Obama blueprint squared. [more...]