Posted on 01/28/2012 7:21:04 AM PST by blam
I’m sure Obama can sing an Al Green song and make it all better.
Us peasants are just ingrates that don't want our taxes increased to keep the federal machine going that is saving the country. /s
ping
Good chart. Looks like we’re going to roll over a weak top this quarter and then down to who knows where. Waist deep? I think we’re already at mustache level and will soon need a snorkel.
Why doesn't AARP care about this?
Like Farm Bureau not really representing farmers, AARP is just another insurance company.
I think that lowering the dollar is Bernanke's express purpose now that it's become obvious that banks won't lend any of his new money. It fits in nicely with Obama's mysterious vow to increase exports.
The Keynesians love exports -- they think they're the answer to all economic ills.
That ship is a great metaphor for the economies of the West today.
Looked great, right up until it hit a rock and rolled over.
You know how Obama would spin that,he would say our ship has come in.
"As the charts below show, gold and silver have not only held the gains from Wednesday, but have edged higher as more U.S. dollar devaluation policies were taken on Thursday. As of today, the U.S. now has a $16.4 trillion debt capacity, representing a $1.2 trillion increase from the previous $15.2 trillion limit."
———so no real efforts need be made to cut spending or raise taxes———
Efforts to cut spending were made but ignored by the Senate. The effort to raise taxes by letting the Bush cuts be rescinded will fail
When the election is over, taxes will not be raised and the current ear’s deficit will be contained by cuts in spending.
That leaves the debt as the problem. The devaluation is a painless tax that reduces the worth of the debt in relation to gold and oil and food. Eventually wages will also feel the force of the devaluation and will rise, in spite of unemployment. The devaluation will be if not totally global, very wide spread.
It is the course on which everyone that counts, world wide, can agree.
AARP is not really an insurance company. To be more correct, AARP is an insurance brokerage firm or a big insurance agency.
AARP selects different insurance companies for different purposes and then flog them to the geezers.
I myself have Medicare Advantage policy issued by United Health care. This year it is labeled AARP/United Health Care. I objected to United saying that I wanted no policy associated with the lefties at AARP. The answer was there is no real association and AARP is the same as other agents selling thier product that I was purchasing on line sans any agent.
AARP chose their product and by so doing created massive confusion in what was what. United has many different policies in many many different areas. AARP apparently selected some for sale and not others. By incorporating AARP into the policy name they hoped to reduce the confusion.
By the way, the AARP/United Health Care Medicare Advantage policy I have has no monthly cost in my county.
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