Get ready for it: Another economic collapse is coming.

[girl gone mad]

17. Obama doesn't have what it takes to control the crisis.

He's a neoliberal surrounded on all sides by shockingly incompetent neoliberals. He supports and endorses extremist conservative economic frames. He's anti-deficit (embarrassingly inane on his part), pro-financialization, pro-bankster, corporatist, authoritarian. When the time comes, he will throw the middle class under the bus to try and save the banks (yet again), but this time China and Europe won't be there to brace our fall. Remember what I told you in 2008. The administration took a private debt crisis and rather than pre-privatizing the banks and writing down those bad debts while the problem was fixable - rather than reining in our corrupt and criminal financial sector - they bailed out Wall Street, fucked Main Street up the ass and turned that simple private debt crisis into something much worse and much more dangerous over the long term. Now we get to watch the results of their foolish choices play out, like a slow motion train wreck.