Difference between revisions of "Obamageddon"
(It's about the disaster, not the term itself) |
(a financial disaster predicted by leading economic expert Gerald Celente and others to occur in 2012, due to the economic policies of the Obama administration) |
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[[File:Obamageddon.jpg|right|400px]] | [[File:Obamageddon.jpg|right|400px]] | ||
| − | '''Obamageddon''', a | + | '''Obamageddon''', a financial disaster predicted by leading economic expert [[Gerald Celente]] and others to occur in 2012, due to the economic policies of the [[Obama administration]]. |
The word "Obamageddon" is a [[portmanteau]] of the words "[[Obama]]" and "[[Armageddon]]" given by Celente, who successfully predicted the current recession, and who believes that the anti-business policies pursued by [[President Obama]] will cause a further financial collapse within four years of his taking office <ref>[http://www.associatedcontent.com/article/1911656/obamageddon_forecast_for_2012.html Associated Content; "Obamageddon Forecast for 2012"]</ref> <ref>[http://www.lewrockwell.com/celente/celente9.1.1.html Lew Rockwell; Celente forecast]</ref>. | The word "Obamageddon" is a [[portmanteau]] of the words "[[Obama]]" and "[[Armageddon]]" given by Celente, who successfully predicted the current recession, and who believes that the anti-business policies pursued by [[President Obama]] will cause a further financial collapse within four years of his taking office <ref>[http://www.associatedcontent.com/article/1911656/obamageddon_forecast_for_2012.html Associated Content; "Obamageddon Forecast for 2012"]</ref> <ref>[http://www.lewrockwell.com/celente/celente9.1.1.html Lew Rockwell; Celente forecast]</ref>. | ||
Revision as of 22:33, October 1, 2010
Obamageddon, a financial disaster predicted by leading economic expert Gerald Celente and others to occur in 2012, due to the economic policies of the Obama administration.
The word "Obamageddon" is a portmanteau of the words "Obama" and "Armageddon" given by Celente, who successfully predicted the current recession, and who believes that the anti-business policies pursued by President Obama will cause a further financial collapse within four years of his taking office [1] [2].
The term is also used to describe the likely electoral losses that the Obama administration and congressional Liberals will face in the coming years due to public revulsion of their radical socialist policies. Already polling shows a brewing election holocaust for the leftist agenda in the 2010 Midterm Election [3]
| “ | The absence of these...(liberal)... Democratic megadonors is contributing to a huge disparity in spending between pro-Republican and pro-Democratic groups. The groups wield huge influence in many House and Senate races because they can take in contributions of unlimited size. [4] | ” |