Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alan Smithee who wrote (301074)	4/15/2009 10:36:15 AM
From: TideGlider	2 Recommendations Read Replies (1) of 793888

Sounds like your Dad figures his retirement will continue with COLAs in New Dollars. If Obama demonetizes the dollar it means all bets are off. But guess what? I believe once the mega-inflation begins the banks will be allowed to restructure your mortgage into new dollar values and increase your payment accordingly. The only people who will own property will be gubmint employees (the only surving em0loyer) and welfare recipients. Why? Because he will make certain they get COLA contracts. In Obama's world all things must come from the gubmint all reliance and loyalties pledges for the same. You have an Obama loving family also? I've given up trying to speak with mine about current events. My father believes the Obama voters "saved the world" by electing this guy. It's impossible to try to change that mindset.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next