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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (528573)11/14/2009 1:43:53 PM
From: tejek  Read Replies (2) of 1574683
 
Ted, > That means the Feds will have plenty of time to counter any inflationary aspects they may see down the road.

I believe the Feds are powerless to counteract the runaway entitlement spending that we're about to see over the next decade. They'll raise interest rates but that will just screw over anyone trying to buy a home, a car, or carry balances on their credit cards. Meanwhile the idiots in Washington will continue spending like drunken sailors, thinking that their constituents are in chronic need of handouts.

That's not going to happen....not with Obama's veto power.
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