I couldn't agree more. This is the current American concept of problem solving:
Posted on 04/29/2008 8:38:18 AM PDT by vmorgs
As the prices of food and energy continue to rise globally and the dollar remains weak, the presidential candidates appear to be haplessly ignoring any practicable solutions which would strengthen the dollar and bring the prices of commodities down, leaving Americans in the fast lane on the Road to Perdition.
Instead, they appear to be content campaigning on high fuel costs in order to promote their own agendas, whether that includes decreased taxation or more, less regulation or more, spending cuts or increases. None have promoted a defense of the dollar as the means of bringing down the costs of commodities, which leaves a tremendous opportunity for the candidate that first takes advantage of the issue, as recently noted by John Tamny of RealClearMarkets on Kudlow & Company, commenting on Larry Kudlow’s interview with Republican candidate John McCain (R-AZ)...
(Excerpt) Read more at getliberty.org ...
It’s because they don’t have a clue! This has got to be the worst bunch of know nothing candidates we’ve ever had to choose from.
And they are pandering to a bunch of no-nothings, so there ya go.
“It’s because they don’t have a clue! This has got to be the worst bunch of know nothing candidates we’ve ever had to choose from.”
I couldn’t agree more. Addressing current economic issues would require audience attention spans of greater than eleven seconds, and it would paint the speaker/advocate as prophet(s) of doom. These issues will not be addressed. Unless, that is, you’re an investment bank capable of devastating the financial system with ungodly amounts of leverage you’ve inflicted upon yourself. As long as these issues are framed in terms of stupid, ineffective and punitive taxes on oil companies, it should be clear that we’re being led by a gang of idiots incapable of proactivity. We’ll be in a very serious hole before these numbnuts even realize it, much less come up with any effective means of resolving it.
Interesting to see that the G7 might put an end to “hedge funds” minipulating and bubbling the commodities through speculation.
If you can’t take delivery of the commodity, you shouldn’t be allowed to make money for nothing off of it.
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