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Politics : Politics for Pros- moderated

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To: MJ who wrote (314458)7/13/2009 3:34:55 AM
From: KLP4 Recommendations  Read Replies (2) of 793917
 
Rising umployment, which is much worse, if we compare the numbers before the government changed the base from 1981, plus now the unemployment numbers only reflect the current last 6 months of layoffs.....Foolishly the media doesn't comment on this...most of those people laid off before the last 6 months haven't found a job, because Obama and his group are destroying capital as we know it and there are no new jobs coming online.

Plus of course the economy.... There is NO way the huge deficit can be paid down in the next even two generations....so the only alternative is hyperinflation printing money as fast as they re able.... What happens to people then? Remember the pictures from Germany in the 30's of bring wheelbarrows full of money for a few loaves of bread??

The Obama Adm will try to divert the American people with whatever they think they can get away with.

When we visited with some merchant friends of ours this past week, even as liberal as most of them are, are aghast about what has happened in the US, because of course, it is effecting them as well. Their banks are in MUCH better shape than ours are, for instance.
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