Let's start by defining Obamanomics

Discussion in 'Politics' started by Brn2bfree, Jun 29, 2009.

  1. Brn2bfree
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    Brn2bfree Member

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    Let's start by defining Obamanomics:

    The Fed prints money, Obama spends it, and We the People pay!

    Obviously most liberals are too stupid to understand that this can't go on.

    So, it's up to the rest of us to stop this madness!!

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    The next stage of Obama's creative destruction of the free market is presently underway.

    U.S. DOLLAR DEVALUATION

    The Fed, Treasury, and Obama Administration's disastrous recovery plans hinge on the devaluation of the U.S. dollar. The old sayings; "Sound as a dollar" and "strong dollar policy" are fast becoming oxymorons. "Dump dollars before central banks do" urges Bloomberg. "We could be nearing the end-game for the US dollar," declares The London Telegraph.


    HIGHER INFLATION & TAXES

    Evidence suggests Americans must now brace for double-digit inflation as a result of government spending and trillions in Fed bailouts. "Americans must now expect higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery" reports Wall St. Journal... "Efforts to revive the economy are likely to produce inflation worse than the late 1970s," said legendary investor Warren Buffet.
     
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  2. Oddball
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    Oddball BANNED Supporting Member

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