[Fred911]

[Lurker]

In short, we are soon to see an end to things as they once were for the last quarter-century.

I think it will come not with a whimper, but with several million bangs.

L

[Oatka]

Athens in the fourth century B.C. chose to mint “redheads”, silver coins with bronze cores that were quickly exposed once the patina around the coins’ imprinted busts wore off. Rome did the same thing, and by the fourth century AD simply flooded its provinces with money of little real value.

But . . .the Romans demanded tax payments in solid gold and silver. So . . . Obama will hand out billions in fiat currency but demand tax payments in silver or gold. At one time that could be interpreted as an outrageous statement, but the way things are going, it isn't so far-fetched.

[Iron Munro]

HISTORICAL INFLATION DATA:

http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx?dsInflation_currentPage=2

The Carter hyperinflation took place before the widespread use of the supermarket barcode scanner. In those days every item on the shelf was individually priced with an ink stamp or sticker.

During that time it was common to find items with three, four or more price stamps or stickers. Wise shoppers learned to look over all the items because often the older stock was missed when the stock was marked with the newest higher prices. Frequently you would find the same item marked with several different prices.

People also learned to stock up as much as possible because prices would often skyrocket overnight and the inflation itself led to shortages. So you never knew if you would find the same item next week or what the price would be.

Some months during the Carter years inflation was around 14% -15% - Imagine grocery prices jumping that much every few weeks.

Soon we won’t have to immagine what it will be like. I believe the coming Obama Hyperinflation will make the Carter years look like good times.

[Tolik]

    Victor Davis Hanson Ping ! 

       Let me know if you want in or out.

Links:    FR Index of his articles:  http://www.freerepublic.com/focus/keyword?k=victordavishanson
                His website: http://victorhanson.com/
                NRO archive: http://www.nationalreview.com/hanson/hanson-archive.asp
                Pajamasmedia:   http://victordavishanson.pajamasmedia.com/

[maica]

I’ve come rapidly to the point where I simply do not believe ... that what our President says is at all accurate. And worse have come to think that he knows it is not, and, worse still, knows that the media largely know too but will do their part as disciples must. In short, we are soon to see an end to things as they once were for the last quarter-century.

I agree totally with VDH. I really fear for our future.

[GOPJ]

Recently David Frum contrasted what he thought was the ungainly (both physically and morally) image of Rush Limbaugh with that of the suave Barack Obama to underscore how the Republicans must change and assume new leadership.

Ummmm, Rush can answer questions without having someone write out the answers for him...

[GOPJ]

Rumors also circulated that Rahm Emanuel, with Clinton emeriti, like Paul Begala and James Carville, are coordinating attacks on the talk show host from the White House.

Maybe it's hard to understand where Obama's coming from because it depends if Rahn, Begala, Alexrod, or Carville are the ones moving his mouth. It's starting to look like the puppet can't even remember his lines without a teleprompter... how pathetic is that?

[metesky]

Last paragraph hits it suarely.

Thanks for the ping, T

[Taxman]

Let me commend to all of you reading this post a most excellent expose of Obama: “Obama Unmasked — Did Slick Hollywood Handlers Create the Perfect Candidate?” by Floyd Brown and Lee Troxler.

Though written prior to the election, and intended to derail the Obama FReight train, Brown and Troxler captured the essence of Obama. Their observations and predictions of/for an Obama Presidency are being realized as I post this observation.

BTW, the authors most accurately predicted the “October Surprise”: it was the George Soros et al manipulation of the money market on Sep. 15, 2008 — a $500,000,000,000 (Yup! $500 BILLION!) manipulation of the market, which led to the Bush/Paulson $700 Billion bailout.

You will recall that McCain was leading Obama in the polls on Sep. 15, when he “suspended his campaign” to return to WDC to “fix” the problem.

He cooked his own goose, is what he did, and he cooked ours, as well.

HST, I do not know what the proper course of action should have been when the money market melted down. Obviously, Bush and Paulson didn’t either.

For starters, if it can be really proved that Soros et al manipulated the market, orange jump suits and a lengthy stay at a Federal Pen (NOT CLUB FED!) seems appropriate.

Perhaps they could room with Madoff?