Posted on 03/06/2009 9:26:46 AM PST by Shellybenoit
maybe the American people aren’t as stupid as obama thinks.
Hussein wishes to implement a 3-part takeover of the US economy:
1. Own the FIRE means of production (finance ie banks [Citi], insurance [AIG] & real estate [Fannie/Freddie])
2. Regulate/dispense/control health care
3. Direct/manage economy via energy (cap & trade)
These initiatives will only be successful if the Kenyan has sufficient tax revenues and adequate access to credit (Treasuries) to pay for his grandiose schemes.
Purposely slowing down the economy through a concerted effort to save more & spend less will help crater tax receipts. With falling revenues, -0- will be forced to borrow more to make up the shortfalls.
Escalating demand for debt (increased risk = increased prices of debt & higher interest rates), and a dawning realization that invested funds will not contribute to increased imports (Chinese perspective), will serve to detonate the bond market and dry up his ability to loan money.
No taxes and no Treasuries means the shiftless punk from ChiTown will be sh!t out of luck trying to take over our country. Wake up and get with the program. It's not really an option - we're literally in a fight for our lives. If we help breathe new life into the economy, we're merely funding the agents of our oppression.
those pictures make me want to PUKE
America is turning against Obama
would have been better if they turned against him in November.
“maybe the American people aren’t as stupid as obama thinks.”
Well, they did elect him. Admittedly, he ran as a tax-cutter. It’s a slam dunk he never would have been elected had he been up-front with the voters about his intention to increase spending the way he has proposed. Our republic would be a lot safer were voters smart enough to see through the pack of lies trotted out by Team Obama. So better late than never, but this is an extremely expensive way to learn a lesson.
>> Time for my daily commercial: save more, spend less.
I’m down with that part, but it’s not clear what the end game of this strategy is. Tax revenues or no, if Bambi can’t find borrowers for his treasuries, and can’t fund his way out with tax revenues, he’ll just monetize the debt through quantitative easing (or whatever term you prefer).
The night-follows-day outcome of this is inflation — destroying those who saved to bring it about.
Is there something I’m missing? I don’t mind staying in cash for the time being, and minimizing spending is de rigeur these days anyhow. But watching my cash inflate to nothing won’t be an option for me.
“would have been better if they turned against him in November.”
I sometimes wonder how history might have been different had “Lie to Me” begun airing in September rather than only recently. The public and pundits alike are finally realizing just how shamelessly mendacious this president has been. http://www.realclearpolitics.com/articles/2009/03/a_dishonest_gimmicky_budget.html
No, but they still are little slow. Too bad they start catching on in March 09 instead of Nov 08’
If only it were true!
Now for the 13%. They are the nitwits that are probably in the Fed pockets. Principal means nothing as long as they get their handouts.
America is turning against Obama
Although I hope this to be true,Rush leads off his show tho say that Rassmussen has BO’s approval raising to 63%.
If Juan McCain had run a decent campaign instead of spending time kissing zer0's a$$, a lot of this may have come out.
It maybe considered racist but what I noticed that in police mugshots blacks tilt their heads upwards like what I’ ve noticed in Obama while whites look straight ahead.
It maybe they have a disdain for the ‘man’ and having been caught doing something they believe they are entitled to do because the ‘man’ has kept them down.
Yeah, but it's too late. The dumbshits have elected the dumbshit and it'll take years if not decades to recover from what he's already inflicted on us.
Yeah, that’s scary. What are they smokin’? It will take a total collapse of the USA to show them I guess, and we all have to go down with her.
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