Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: frithguild
As an economist and someone who's made his living in the institutional financial services industry for over 20 years, I agree with this assessment 100%.

If the next president does even 1/10th of what Barak Obama says he's going to do (even if that president is John McCain) , it will mean hyper inflation, soaring unemployment, and an economy controlled by global warming and environmental bureaucrats. In fact I would estimate that roughly $1.50 of the current price per gallon of gasoline is related ot investors anticipation of the coming political disaster.

2 posted on 05/17/2008 7:52:18 AM PDT by tcostell (MOLON LABE - http://freenj.blogspot.com - RadioFree NJ)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: tcostell
...and an economy controlled by global warming and environmental bureaucrats.

That's only for the above ground economy, on the books.

Like the folks behind the Iron Curtain, before it fell, Americans will create black markets and underground currencies if necessary.

10 posted on 05/17/2008 8:53:21 AM PDT by rabscuttle385 (During the Middle Ages, rats spread bubonic plague. Today, Rats spread the socialist plague.)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson