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Ricter
 

Registered: Aug 2004
Posts: 13203

 

07-24-12 07:20 PM


Quote from jem:

Paul is correct.

The govt and the Fed are debasing money faster than the middle class can earn it.

The poor have govt give aways and our policies are making more poor.

Combined these policies destroy the nation.
Which why the wealthy go transnational.

to save the middle class we have stop debasing the currency and ease up on their taxes.





List of countries by inflation rate
http://en.wikipedia.org/wiki/List_o..._inflation_rate

"Dollar extends gains to two-year high"
http://www.marketwatch.com/story/do...=MW_latest_news

I guess we (not us exporters, though) should be thankful that other countries are "debasing" their currencies faster.

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Yannis
 

Registered: Jan 2002
Posts: 5287

 

07-24-12 07:50 PM

Reelecting Obama Would Be a Mockery of Democracy
by Frank J. IMAO


So US poverty is on track to be at its highest level since the 1960s. With that little tidbit and all the other things — the credit downgrade, the continued high unemployment, the skyrocketing debt — makes we really wonder why in the world are we even considering reelecting Obama at all? I mean, he’s as big an objective failure as president as possible, so why is he even a contender? The whole point of a democracy is being able to remove bad leaders, so why should Obama have a chance when he’s the sort of horrible leader usually only dictatorships are subjected to (and even there, he probably wouldn’t last long)? When the story of the 2012 election is written in the history books, it should be just one sentence:

Obama wasn’t reelected as he wasn’t a very good president.

Why shouldn’t it be that simple? Otherwise, what’s the point of electing leaders?

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