President Barack Obama Message Board

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Politics : President Barack Obama

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To: tejek who wrote (125166)	10/27/2012 1:26:34 AM
From: LLCF	1 Recommendation Read Replies (1) of 149317

All the latest stuff is kinda irrelevant anyway... at some point rates are going to rocket no matter WHO is president. We either see huge slowdown or runaway inflation (if the fed actually has the balls and is so brain dead as to start buying stocks and all the T-Bills with actual $100 bills). The reason to Vote Obama IMHO is simply that he's much less likely to much around in the ME. He's also much MORE likely to actually cut defense and raise taxes on gazillionaires. In other words... he's not freakin brain dead. But that doen't mean the economy is going to be "saved" or anything... IMHO the "ZUPERHYPECONOMY" pin ball game that's been going on for 15 years tilted in 08 or 9, and the ball has simply taken a while to bounce back and forth while Bernanke and Gubbament "stimulated" it with body english trying to get something to happen as it worked it's way down to the completely dead flippers economists call "fed policy" and "fiscal policy". Time for the ball to drop and start a new game. There's no way out... unemployment is going to freakin skyrocket again as rates move up unless trade restrictions are put in place with countries paying $1 a day for labour. Seems kinda obvious. DAK

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